I cant obviously. I didnt post that message, whoever hacked my account did. I removed the message you quoted.

what would it certify?
Either way, neither of my accounts is being used for anything these days. Distrust them, as next time, I may not even notice if someone hacks it.

Confirming from this account too, that I regained control of Puppet account.

*** WARNING ***

The Puppet account, which most people will know, was my alter ego,  has been hacked. I dont recall what email I used to register it, but it is not me. I cant be bothered about this forum anymore to do much about it, but please be aware.

Say of lambchop all you want, as usual, he has a point. Havelock has been bleeding money according to their own (ridiculously unspecific) financial 'statements', and the drop in BTC price will not have helped.
It also appears to be going nowhere (which I assume is not what they meant when they said "no plans to go anywhere"). Fund after fund goes inactive or delists and aside from AM/AMhash, pretty much nothing goes on there.
And then there is little pesky issue of violations of security regulations in almost any country outside Panama. Sooner or later someone is going to do something about that, and unless you live in Panama, its probably gonna affect you.

So no, I wouldnt keep a lot of coins on havelock either, but I think its also fair to say that AMhash, like AM, will continue operating even without havelock. I just hope they have contingency plans in place and dont get caught by surprise again as they were with Hashie.


He does.

Of course he'll be refunded. Newbie "accidentally" orders 1000x too much, then somehow doesnt notice he is sending 20BTC.
Likely story.

Wont take long before CWS "proves" how honest they are.

What havelock does is indeed most likely illegal in most countries, and moreover, not a single security trading there is worth buying (maybe BDD at times). So no, Im not promoting it, and unlike you, Im not desperate. Im just calling a scam a scam, and you a piece of shit.

A few things come to mind:

1) borrowers on btcjam and the like. The only "purpose" I can see for such sites is naked shorting. If price drops, hurrah, you win, rinse, repeat. If it goes up, just default on your loan, and you still win. This is why you should never lend out your coins; either you will lose because the value of btc goes down, or you will lose most of your deals because your borrowers will default.

2) bitstamp hacker. Havent checked yet, did the coins move?

3) All the ponzi and other scam operators. Most of them dont care about BTC, they just use it as a convenient way to conduct their scamming business. Since they obtained the BTC at virtually no cost, they will cash out regardless of price.

4) the sheep.

Same reasons I held when it crashed from $30 to $3.

What a bullshit answer. For argument's sake, lets assume they actually own any miners; surely they are pointed to a pool. Each miner will get exactly the same revenue per GH as any other miner mining the same pool. Thats what you have a pool for.

Not that it matters, because there is no hardware, this is just an excuse to pay out arbitrary sums to manage the ponzi.

+1

But this reward halving will be different than the previous one; not for the price, but for the network. When the previous halving occurred, mining was operationally profitable for most people, before and after the event, next to no one shut down its miners, the only problem for miners was recovering their investment.

This time, it will be very different, mostly everyone is  already and will be very close to operational profitability before the halving. So it will be an interesting game of chicken who turns off/sells his mine first, I expect wild fluctuations.

Actually, I think that slogan may be quite appropriate. Its not like they will be the last mining company to go bust.

Its not becoming less trustworthy, anonymous operators with no proven hashrate have never been worthy of any trust. All thats changed is that you begin realizing this now.

I would conclude its likely the same group that DDoS'd both of you. What other conclusion would you draw?

I think spondoolies is behind it, they do it because they are losing sales to all these cloud services.
I have no evidence whatsoever, and that's why i'm putting this out as a call for help, if anyone can exonerate spondoolies with evidence as to who it may be,..

Does that make any sense? Nope, no more than blaming BFL or gaw. Or my mother in law.

BTW, if their business is cloud-anything,  they should get a hosting service with decent DDoS protection. If the ponzi's can afford it, then surely the legitimate companies can afford it?

Real? Perhaps.
Profitable? Ha! have you checked their maintenance fees?
"0.00001026 for 1 GHS per day"
Thats  $0.1025/GH/month. Essentially the same as cex.io.
Good luck with that ROI.

I thought cloud ponzi's like cloudmnr.io and some other I cant recall where also under DDoS attack.
and I dont see any reason whatsoever to assume gaw is behind it.

That doesnt make sense. Why would someone give 1BTC in escrow, and then find someone else to refund that same 1BTC ? The OP might just as well 'invest' with that 1 BTC and keep the "profits" for himself.

And that exposes precisely why this is a 100% guaranteed ponzi: if OP really could make anything close to 8+% per month, he wouldnt need to seek investors here, he'd be filthy rich. More over, he wouldnt pay out 8% to investors and only keep crumbs for himself, one would be crazy to pay 8% per month when you get investments and loans for a tiny fraction of that. Heck, even credit cards are cheaper. Or loan sharks.

Doh.  thats what what everyone else does: define the fees in dollars or euro. Thats something else as a contract that essentially states "we will charge whatever the heck we want to charge".