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1741  Economy / Service Discussion / Re: Has anyone experience with GigaHash.org? on: June 12, 2015, 02:49:57 PM

As long as they pay i'm happy. If they are mining or not, they have to pay me 286 days and i'm happy.

This is a very good way of thinking if you want to lose your money. where is the money to pay you going to come from if they aren't mining?
1742  Economy / Service Discussion / Re: GAW / Josh Garza discussion Paycoin XPY CPIG BTCLend xpyerr.ALWAYS MAKE MONEY :) on: June 12, 2015, 01:47:38 AM
What is with his/their obsession with letting people "run" or "manage" things?

How the fuck do you manage a prime controller? How does someone "run" coinstand? How are people still buying this shit? He throws a bunch of techy/startup/business sounding words on the wall and the idiots there are too embarrassed to ask what the fuck they mean (because they make no sense) so they just cheer along and give him more of their money.
1743  Economy / Service Discussion / Re: clould mining ?? on: June 12, 2015, 01:31:21 AM
I'm pretty interested in cloud mining but I am also skeptical about the profit it may give. The site seems to be shady as the structure is very simple. More on an 'effortless' site if you'd ask me. It just makes people go away.

cloudmining is dead to be honest. If you see offers, be aware that it's a ponzi and take it as a gamble.

Hashnest is neither dead nor a ponzi.  The ROI isn't very good right now, I am waiting until bitcoin price rises (if it does).

If you just buy bitcoins now you will make money when the price rises and don't have to deal with these operations.
1744  Economy / Service Discussion / Re: Is Bitcoin Cloud Services legit? on: June 11, 2015, 01:14:26 PM
interesting, but firstly you should make Bitcoin legit

Show me a single law which makes BTC illegal in the UK?

I ll show you a ton of laws which define and sanction internet fraud.

And how many of those laws have resulted in people getting back what they gave away? Especially the (relatively) small amounts we are talking about in all of these cases and using harder to claw back funds like bitcoins.

What these guys are doing illegal, but they are also obvious scams where it's difficult for law enforcement to do anything/get the money back. Everyone is much better off using a little common sense before giving your money to scumbags than throwing it away and hoping for someone to rescue you and give it back.
1745  Economy / Securities / Re: Anything sustainable worth of investing? on: June 11, 2015, 10:14:35 AM
Well, DMD Diamond, which I ve recommended several times went up 100% compared to about a month ago.

I hope at least someone listened to me.



Isn't that common in altcoin prices, they got pumped for a time and after it got to the point that no one is buying they're going to dumped at once and the price went to rock bottom..

Well, we ll see what s going to happen. Dont forget DMD Diamond has been around for 2 years, not many altcoins have been alive and kicking that long. Remeber this post and we ll see what happens in a month.

A month isn't the correct time frame, the correct time frame is when people try to cash out or actually do something with their coins instead of just being investors.
1746  Economy / Service Discussion / Re: bitcoincloudservices - no payout since 08. June 2015 on: June 11, 2015, 09:58:26 AM
fuck you bcs very angree,,you not pay me i curse you you now the law of karma... Sad Undecided

What does the law of karma think about people who think they found a way to get free money?
1747  Economy / Service Discussion / Re: bitcoincloudservices - no payout since 08. June 2015 on: June 11, 2015, 03:45:54 AM
how can I repay the BtcJam now because I only got 6 bitcoins and I borrowed 12 from the investors

Tell the people that lent you money that you learned that the only thing stupider than borrowing money to invest in a ponzi scheme is lending money to someone else so they can invest it in a ponzi scheme. Hopefully it wasn't an expensive lesson for them.
1748  Economy / Service Discussion / Re: Is Cloud Mining Really a Ponzi Scheme? on: June 11, 2015, 01:11:58 AM
If the miners are profitable why would they rent them out to you for less than they can make plugging them in?

If the miners aren't profitable why would they waste the money they spend on the miners, electricity, bandwith, etc when they can just give you your money back slowly over time?
1749  Economy / Service Discussion / Re: Is Cloud Mining Really a Ponzi Scheme? on: June 11, 2015, 01:10:58 AM
http://i59.tinypic.com/hs126w.jpg

There is just no general consensus on the profitability of cloud mining.

Some cloud mining companies are just not trustworthy.

Experts say there's a simple way to tell if a cloud mining company will turn out a scam.

I like this quote in the article...

Quote
“If you draw an analogy between recent projects that have deceived their clients and closed down, you will notice that they all share several traits: short lifespan and the promise of a very high ROI, such as 200-400% per year.”

Being an user of www.CloudMining.website for several months, I can now comfortably assume that it does not satisfy any of thee traits...

1. Lifespan: It is paying consistently for seven months now. Payment proof: www.cloudmining.website/payments.php

2. ROI: It does not promise anything on ROI at all. In fact, it took ~125 days for me to ROI on CMW, whereas a third party mining monitor reported to have ROI with them within ~114 days...




That guy made a roi on his 2 dollar investment, everyone run and give them all your money, we'll all be rich in no time!!!!
1750  Economy / Exchanges / Re: BEWARE: igot.com is either running a scam or is out of cash on: June 10, 2015, 11:22:36 AM
I would get out whatever you can however you can as fast as you can.

"new code" makes less sense than bank issues. What could possibly be wrong with the code to stop a person from manually sending you the amount of bitcoins that you need?
1751  Economy / Service Discussion / Re: GAW / Josh Garza discussion Paycoin XPY CPIG BTCLend xpyerr.ALWAYS MAKE MONEY :) on: June 09, 2015, 03:46:35 PM
Don't be so harsh....

My bad.  It is just getting annoying seeing these Zencloud help posts, several per page.  They do nothing but bash and disregard this forum until they need it for something.  They are coming here to be bailed out from Homero's mess, that they so vocally supported for months on end.  Why should we have to endure this?

Seriously they have no option.  They cant get help elsewhere

We (or most of us) wanted to help them avoid being scammed or at least get out as best they can.  This allows that.

Also just maybe if we dont have posts like this they may learn we are not the enemy and may become valuable members of the community.

I never quite got who or why they made them come here for support?  I can see the irony of having them come here but why doesn't ZenCloud handle it's own support (the company phasing it down), after all, they made the change to 2FA auth after Authy shut them down for non payment, they could have simply removed it (2FA) and let is phase out if they didn't want to deal with support... They have a couple Prime Controllers, it's not like they couldn't replenish the supply in case of accounts being hacked.

I think this is he only place they can come. Former CEO Jonah got banned from most of the other forums but still posts here and has the ability to unlock accounts.
Jonah banned on talk.paycoin.com ?

Maybe?

I've been able to figure out this was a scam without leaving this website, I try to point it out and help people out from here. I have much more important things to do than sort through which website is which, which team of assholes is running which scammy project. For some reason people want to get back into their zencloud accounts, by some stroke of luck they need to come here to do it. The whole thing is a fucking mess and the sooner people dump and move on the better.
1752  Economy / Service Discussion / Re: GAW / Josh Garza discussion Paycoin XPY CPIG BTCLend xpyerr.ALWAYS MAKE MONEY :) on: June 09, 2015, 02:07:37 PM
Don't be so harsh....

My bad.  It is just getting annoying seeing these Zencloud help posts, several per page.  They do nothing but bash and disregard this forum until they need it for something.  They are coming here to be bailed out from Homero's mess, that they so vocally supported for months on end.  Why should we have to endure this?

Seriously they have no option.  They cant get help elsewhere

We (or most of us) wanted to help them avoid being scammed or at least get out as best they can.  This allows that.

Also just maybe if we dont have posts like this they may learn we are not the enemy and may become valuable members of the community.

I never quite got who or why they made them come here for support?  I can see the irony of having them come here but why doesn't ZenCloud handle it's own support (the company phasing it down), after all, they made the change to 2FA auth after Authy shut them down for non payment, they could have simply removed it (2FA) and let is phase out if they didn't want to deal with support... They have a couple Prime Controllers, it's not like they couldn't replenish the supply in case of accounts being hacked.

I think this is he only place they can come. Former CEO Jonah got banned from most of the other forums but still posts here and has the ability to unlock accounts.
1753  Economy / Service Discussion / Re: Wants to become a scam buster on: June 09, 2015, 01:56:05 PM
There is nothing to do.

Just realize that no one is going to give you free money and you won't get scammed, it's pretty simple.
1754  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: June 09, 2015, 01:46:44 PM
If ukyo was messing around with tradings on mtgox(witch could explain his claims about the funds currently(back in 2013-14) not beeing avaliable) he should now get back about twice as many coins as he had on mtgox(if the bitcoinprice stays at the currently low level in september when the mtgox funds will be payed back to people as it looks like the refund amount is locked at a fixed usd per coin amount that is way higher than current price. He should then not have any problems paying back the loan 2 000 btc*1.32 = 2 640btc and the other maby 8 000 btc that he owes people from weexchange. Hopefully the great loan will also get solved at that time.

Why would he do that? It's been a year and half and he has faced no negative repercussions for stealing/losing all your coins, why would he give a shit now?

Also, this fell apart way before gox did.
1755  Economy / Service Discussion / Re: Ltd-invest ? on: June 09, 2015, 12:16:39 AM
If they could do that why would they need your money?

Also, a good math problem to do with one of these situations. Figure out how long it would take to go from what they claim is the minimum deposit until this program will generate more bitcoins than will ever exist.
1756  Economy / Web Wallets / Re: How are wallets like XAPO earning money? on: June 08, 2015, 08:07:36 PM
don't know about them in particular, but I've found lots of bitcoin companies (especially the no-fee types) make money via the bitcoin spread. They buy a bitcoin for 200 and sell it to you for 205, etc.
1757  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: June 08, 2015, 07:25:42 PM
Did he finally file for bankruptcy?

why would he do that when he got off scot free?
1758  Economy / Gambling / Re: Martingale, A Few Questions on: June 07, 2015, 09:47:59 PM
Is martingale just the 2x thing in which we double every bet we lose?
Also, if not, according to you what is the best martingale strategy?
Does martingale really works? Is it useful?

Please share your experience with martingale. You got some story to share?


Martingale can be done in many ways. I usually bet at 20x . And keep betting till I get a loss or 2 in a row. Then just bet an amount around 0.05 . Followed by 20x raise ie. 1 BTC. I have been profitable so far, but a 5th loss can always happen.


Oh that is scary. There are less than 5% chances to win at 20x and you bet a bigger amount at every 1 or 2 losses in a row? This doesn't sound good to me. What is the bankroll you use? I don't have enough bankroll so won't work for me.

https://bitcointalk.org/index.php?topic=610339.0


Short:

If you always double your bet, you will always win your initial bet. If you win.
You have good chance to win little, and small chance to lose big. The loss most likely will be bigger than whatever you won before the loss.
The amount of money you put after each loss will increase exponentially. Your win amount will always stays the same.
Of course you can increase your bet by other amounts, but you'll need to think about each case.


And no, martingale can't defeat the house edge of dice sites

If martingale is a fail, which is a better strategy to use on gambling sites? I know Gambling is a game of luck but still there must be a nice strategy to beat the house Wink

If there was a nice strategy to beat the house the house would be beaten.
well people can always come up with something new, if theres still no strategy, it doesnt mean there wont be one in future

Math says that there's no strategy to dice because there is no skill or decision making involved. If you win 50% of the time and get paid less than 2x your bet, and wins/losses are determined by luck, you will lose in the long run.

You can come up with a strategy in poker because you can get into situations where you will have a +ev. You can come up with a strategy in blackjack because certain decisions/situations can have a positive expectation if you know what cards remain in the shoe. Shit, people will figure out an actual correct way to section bet on roulette or control the dice in craps before they figure out a way to beat random chance with -ev bets.
1759  Economy / Securities / Re: Las Vegas Casino Strategy Investment Fund -- Strategy at baccaratforcash.com on: June 07, 2015, 09:41:16 PM
besides the obvious silliness with this plan we've already figured out, what exactly do you bring to the table. You get to learn how to play baccarat and keep 50% of the profit while risking nothing. How much are you investing. Is it really your plan to end this after one losing day? Do you have any idea how gambling works?
1760  Economy / Gambling / Re: Martingale, A Few Questions on: June 07, 2015, 02:24:26 PM
Is martingale just the 2x thing in which we double every bet we lose?
Also, if not, according to you what is the best martingale strategy?
Does martingale really works? Is it useful?

Please share your experience with martingale. You got some story to share?


Martingale can be done in many ways. I usually bet at 20x . And keep betting till I get a loss or 2 in a row. Then just bet an amount around 0.05 . Followed by 20x raise ie. 1 BTC. I have been profitable so far, but a 5th loss can always happen.


Oh that is scary. There are less than 5% chances to win at 20x and you bet a bigger amount at every 1 or 2 losses in a row? This doesn't sound good to me. What is the bankroll you use? I don't have enough bankroll so won't work for me.

https://bitcointalk.org/index.php?topic=610339.0


Short:

If you always double your bet, you will always win your initial bet. If you win.
You have good chance to win little, and small chance to lose big. The loss most likely will be bigger than whatever you won before the loss.
The amount of money you put after each loss will increase exponentially. Your win amount will always stays the same.
Of course you can increase your bet by other amounts, but you'll need to think about each case.


And no, martingale can't defeat the house edge of dice sites

If martingale is a fail, which is a better strategy to use on gambling sites? I know Gambling is a game of luck but still there must be a nice strategy to beat the house Wink

If there was a nice strategy to beat the house the house would be beaten.
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