As far as I'm concerned any member with Hero or Legendary status who is willing to promote these scams should be hit hard with -ve Trust.

jdebunt has offered to write a fucking article for them in that thread.

I'm asking him to retract or at least make it an expose.

Genuine lol, bravo, +1 Internets to you !

@n2004al The way it 'works' is quite simple, you send them money and they don't mine anything because they aren't actually a cloud mining firm.

Me and ThePhwner have an, 'Attack Empire'?! Cool. I did not know that. Hey, ThePhwner, where have you parked the Death Star? I wanna take it for a spin.

I get it, you're pissed that your little essay was dismissed so easily. How about you actually respond to some of the questions raised in the dismissal?

For starters the essay, if you insist on calling it that, asserts there is LITTLE DOUBT that scrypt.cc is mining on the Chinese pool F2Pool, but provides absolutely FUCK ALL reasoning or evidence to support this claim.

Fancy having a go at dreaming up a reason for that bizarre assertion?

^^^ What does that even mean?

I know you struggle to comprehend basic thinking beyond MOAR PROFET!!!1!!!NOMNOMNOM!!1!! but, here's the thing, the point I was making is that the user referred to that article as though it were news when it is merely promotion.

News reporting is supposed to be an unbiased arbiter of information, not an advert for a fucking scam with a referral link to it.

Let's see, you consider it to be a 'news' website?

You *do* know, right, that it is simply referral-link click-bait?

See, this?

Hover over it with your pointer

ROFL, it would appear that the scrypt.cc 'investors' in this thread are in direct competition with the equally-dense XPY Paycoin crowd for who will win in the "It's probably time I accept that the majority of cloud mining sites are scams and withdraw my bitcoin from them" race.

https://paycointalk.org/category/19/cloud-mining

It is simply an example of the gullible being repeatedly milked over and over again until they are out of cash or finally manage to connect the dots and understand why they are 'marks' and not actual 'investors'. All that is needed is for one of the two groups to have an epiphany of reason and to start a run of withdrawals before the other group does. Last one to wise up loses all their funds! Exciting times.


Who will win? The inarticulate fanboys from btc scrypt.cc thread or the Paycoin desperadoes?

:grabs popcorn:

I guess this'll be the era when Homero had convinced Uncle Stu that he was the living embodiment of Bill Gates, Steve Jobs and Mark Zuckerberg all rolled into one tubby waistcoat-wearing goon and that Silicon Valley would be banging down the door to buy a license to use his 'invention'.

I'm getting the feeling that's pretty much how Stu and Josh's financial relationship went, that Garza kept conning him into believing he had the skills to pay the bills and before long he'd own a chunk of something which would be the next billion-dollar internet enterprise.

Poor ol' Stu. Too dumb and too rich.

As has been pointed out previously, though, given the massive resources both financially and influentially that H. Josh Garza could have capitalised on through Stu, to have simply opted for a fractional mining/ponzicoin scam was a wasted opportunity. He could easily have head-hunted himself some brains and employed a team who could have created a genuine cryptocurrency platform in partnership with Cantor and received Wall Street's seal of approval.

It is utterly irrelevant whether they are full Ponzi or fractional-mining Ponzi, it is still a fraudulent operation which has sold at least 500GH/s of Scrypt 'mining' they don't have to 'investors' under the guise of not being a full Ponzi or a fractional-mining Ponzi.

I assume you must be the author of the article seeing as how quickly your recently-created account posted about it, care to elaborate on your last sentence?

There's still no reason given for why it is claimed that the largest Chinese cryptocurrency mining operator in the world (F2Pool, known to mine with their own hardware, btw) is really, according to the claim, simply acting as a pool for a Brazilian mining farm.

Little doubts? That a Brazilian Scrypt mining farm which has sold 500GH of supposed hash power would be mining through a Chinese mining pool which predominantly mines with its own hardware?

How on earth did he come to that bizarre conclusion?


No, it has over 1000 GHs, not 100,000

Except, of course the 60GH figure I quoted for the entire Scrypt altcoin network total, outside of Litecoin, refers to the entire Scrypt altcoin network total, not just that which is mined by 'unknown' miners.

This is what I keep having to repeat, even if the ONLY mining on every single non-LTC altcoin was being done by scrypt.cc it would still not be enough to make the numbers work for their claims.

Yes, we know that you 'tards and 'turds are fed up with us repeatedly making sure that the scrypt.cc scam details are front and center in this thread, but as you and your equally-complaining ilk fail to understand, we don't care that you don't like it and that you'd rather see it buried under flurries of shill and fanboy posts. Your not liking it does not factor into our decision to continue discussing the fraudulent operation that is scrypt.cc and their continued lies about being a cloud mining operation instead of the Ponzi-scheme that they are.

No, the numbers proving they are lying work for just the 500GH they claim to have sold to users too or, if you really want to throw around arbitrary absurdities like, "Well even if they are lying they could be mining with half that", which is utter bullshit an assertion as far as reasoning goes, the same proof still stands for claims they are mining with 250GH/s Scrypt, too.

Don't forget there is only ever 20-60 GH/s of 'unknown' Scrypt miners for the whole LTC network and there is only a total in the Scrypt Altcoin networks for another 60GH or so.

But, for you to even want to lay claim to, "Fine, then, maybe they are lying but they could be mining with half of the half I previously speculated about", you would need to take those two Scrypt GH amounts, add them together and the total you reach of <>120GH, whilst closer to the wildly speculative absurd claim you made, would still require that NOBODY ELSE OTHER THAN SCRYPT.CC is mining any of the Scrypt altcoins or in that 20-60GH/s of 'unknown' on LTC.

Really, you are just scrabbling for your god-of-the-gaps here, but there isn't anything like the sized gap available your beloved 'Admin' needs to function.

Actually, Chris, it would be really helpful if you could describe how you first came to learn about scrypt.cc, whether it was through this forum or elsewhere, and whether there are any points along the process where information about their scam could be posted now in order to help others not fall into the same trap.

There, FITFY.

Let me remind all you scryptards that it was only a short number of months ago that 'Admin' came back from the dead (serious hospitalisation followed by world tour buying secret Scrypt ASICs from secret Scrypt ASIC manufacturers(!)).

Scrypt.cc had *not* been operational at the levels seen after Lazarus, I mean 'Admin' came back from the dead and resurrected his Ponzi scheme. Prior to that most of the first 12 months of this operation exist in the the first 36 pages of this thread until, miraculously:

February2015
https://bitcointalk.org/index.php?topic=444495.msg10426079#msg10426079

AND. . .

February 2015
https://bitcointalk.org/index.php?topic=444495.msg10447587#msg10447587

To answer your question, ilic, take a look at the amount of coin mixing services being promoted by scryptards. First rule of cryptocurrency Ponzi, make sure everybody can see the 'massive' amounts of money some people appear to be moving into and out of the 'investment', you know, so they can 'rest assured' that it must be not only totally legit if some 'whales' are shifting such profit out of it, but also hugely profitable as long as the smaller 'investor' gets in quick and re-invests, re-invests, re-invests.

What?

So what was the point of it if there wasn't any actual mining being sold? Are you saying people just traded notional mining chips that didn't actually do anything ??

Jesus H. Are any of these bastards going to operate legitimately?

Seriously, while I never got involved with cex.io I at least assumed they were that big an operation they had already been accepted as being an actual cloud mining service.

Ffs.

Well, look at the facts, they are a ponzi scheme masquerading as a 'cloud mining' service, of course there are going to be shills and fanboys making bullshit claims about how awesome this 'investment' is and how quickly they've ROI'd with MOAR PROFETS!!1!!1!!!!!

Why would it not make perfect sense to you that your figures in actual terms don't seem to be as good as those claimed by the sock-puppet posts from shills?

https://beta.companieshouse.gov.uk/company/09512971




This figure is meaningless, by the way. It is simply derived from numbers they pulled out of their ass when they incorporated.

Extortion? HAH! Yeah you tried floating that scrypturd a while back, too, remember? I asked you to explain how you believed there was profit to be had by posting facts that prove scrypt.cc is lying about their mining and you, well, let's just say it involved the usual flurry of the word 'garbage' etc.

As for 'dubious agendas' do you consider actions which are morally sound and just to be, 'dubious? Because, if you do, what the hell do you class your despicable morality as whereby you KNOWINGLY help scammers perpetuate the criminal fraud against people who have been conned into signing up for something they may not be aware is absolutely lying about being a cloud mining service?

@zod14q

Argument towards the nature of risk is all well and good, if the risk is open and understood from the outset. If you joined a gym to work out and then when you went through the doors you were shoved onto a battleground as an army soldier and were subsequently wounded or killed, do you think you might have a complaint towards the operators of the gym or should you have known that a gym which advertised great rates and promised healthy returns was actually not a gym but an army recruitment center?

Scrypt.cc should not be claiming themselves to be a cloud mining service and this thread should be in the "investor-based games" section of this forum.

That way none of us 'FUDDERS' would have to be here because then scrypt.cc could continue on being exactly what it is and shilling fanboys such as Galdur and ThorSWO could promote it to their heart's content.


So, how about it, Scrypt.cc? How about you stop lying and simply admit to what you are so you can continue on as an openly-Ponzi scheme and let people take their chances with whether they want to 'gamble' in full knowledge of the actual risks?