"Off topic" in specialist forums is usually for people involved and interested in the main subject to discuss non core items. To go to a niche forum and only post in such areas seems to me bizarre behavior, but there's quite a lot of that about.
If signature campaigns see value in Off Topic posting why shouldn't they pay for it?

Regarding posting limits, any action like that would be fruitless and easy to circumvent in this environment, where account trading and multiple identities are acceptable.

It wasn't a fixation, just confusion created by your friend's inappropriate capitalization of "Bitcoin Mining Club".
It may be easier to set up an alert directly with the provider than through Blockchain was my thinking.

The lure of "passive income" or "making your money work" has been exploited by scammers in Bitcoinland. The MLM/Ponzi scheme in my sign actually advertises "make Bitcoin while you sleep".
MLM and pyramid schemes rely on unsustainable business models which can provide "passive income" for players who create downlines and profit from introducing other 'investors' into the scheme. A small number of people can make a profit from this activity, at a direct cost to others who are left holding the valueless asset when the schemes inevitably implode. If that type of confidence trickery suits you it still requires input and administration activity to succeed, (as well as a lack of morality imo), so is not truly "passive".
 
As a rule of thumb, I steer well clear of any proposals unless they are fully transparent and make basic sense. Giving an anon a capital sum in exchange for a promised future roi does not qualify as "making sense".
Passive income is possible in inflation based mediums, such as fiat invested in rental property where the actual asset is in restricted supply and long term demand but, even then, is vulnerable to valuation excesses, "bubbles", and interest rate changes should borrowed money be used to finance it.
Bitcoin is not intrinsically inflationary in the same way as fiat, so passive income implying regular income and low or zero risk is not a model to be trusted.

Meh, looks like he drank the Kool Aid already, no other reason to follow their (heavily shared) mining stats.
Probably some Pyramid scheme hustler wants to send socmed updates to his suckers downline  "Rah, Rah, enjoy your dust, Rah, Rah!"

Ironically, the increase in the price of BTC is a double edged sword for scammers like BCN. They make it nice and easy to sell to the greedy sheep by denominating contracts in $, but by paying out their 1000 day est. roi in Bitcoin they shaft themselves to a certain extent, especially as their paltry mining income nowhere nearly covers their BTC payments.
Hence the ClubCoin....

PS
Good sig campaign, does it pay well?

I would guess he's referring to the MLM operation in my sig

https://bitclubpool.com/index.php?p=stats

I've been watching this thread with interest, thanks, it's quite thought provoking.

Although I've only been trading BTC derivatives for just over a year, I have been reasonably profitable using pretty standard TA tools, mainly short term stochastic and rsi, my favorites from fiat index trading.

Re: trading on "news", good luck with that.

Interesting claim, do you have anything to back it up?
E.g. where, when and how did they promote GAW/Paycoin? Any actual examples of the pay/not pay blackmail?
Thanks.

Hi, I've looked at your pictures, are you still using only the old Ares machines?
Did your manufacturing people ever make any Zeus?
What about the Uranus, they look pretty cool, did they ever get the problem sorted out? Licensing or certification, wasn't it?

Only asking (nicely) because, although Estonia seems to have cheap power, aren't your margins pretty thin using old hardware, especially with your 10% referral system and one off discounts like your Black Friday 25%?

Yes, same here I think.
I make a judgement on the person behind the scheme and Gladimor seems authentic, although the "only what you can afford to lose" proviso obviously applies in any speculative venture.
Good luck all.

One of those things I was always going to do tomorrow Tomorrow came, despite the saying.

1MRoowDpaw6UZWFjD4CYeDuDZa96qeDF7j

for me please, thanks.

10 Ths for 0.000894 BTC! That would definitely be too good to be true! 

Research, research and more research Prinny, there's a lot of scammers out there......

+1

Why didn't you at least use the search function here to do some research, before thinking about signing up for something like this obvious scam?

https://bitcointalk.org/index.php?action=search2

Yeah, things have moved on quite a bit in the year since that 101 thread started.
Spondoolies officially partnered up as Genesis' supplier soon after that was written and, of course, since then have been taken over by/merged with BTCS, AND announced the SP50.
How that will affect their relationship with Genesis is anyone's guess, especially as BTCS's CEO Charles Allan said, post merger
"The core focus post-merger will be to design, manufacture and deploy servers in BTCS’s data center(s)...We are still discussing the possibility of selling equipment to certain customers."
Doesn't sound too good for Genesis to me.


Re: your point, obviously when a manufacturer says "X is a customer of ours", then X actually mining is likely, but you missed out this from your 101 quote:


and that's almost impossible to disprove for any cloudminer.

'Cloud mining' is the easiest of scams to organize in Bitcoinland, because the level of due dilligence amongst coiners is so low.
Just a website with some pretty numbers and formulaic bullshit seems to be enough to convince a large number of people to give a capital sum to an anon, and then patiently wait for X days to hopefully see it slowly come back, the mythical ROI.
Even at the more respectable end of the market, large operations associated with manufacturers who have visible proof of operations rarely end up satisfying customers, due to small print regarding maintenance costs etc.
At the heart of it is the burning desire that a lot of people seem to have to see their Bitcoins 'working' for them by earning a return. Combine that with the anonymity of operators and the amount of scammers and shills about, and you have a toxic environment best avoided, imo.
 

That was a year ago nearly, I wonder how many they have now ah, now I see it, 253,862 sharing 33.6 Gh/s, some of them 'investing' since 2012.
Quarter of a million people can't be wrong, surely..........

To answer your question, my view is there is nothing to show that any return you have received has its origin in mining.

I would say 7/7 scam based on a quick perusal of their non SSL'd website.
Nothing whatsoever to suggest believing otherwise.

Just reading it myself.


lol

http://www.bbc.co.uk/news/technology-34872563

And a pretty illiterate one sentence at that.
The stress of making up new excuses must be taking its toll on Mr. Day's grammar, he was quite eloquent when he was making up stuff explaining the situation three months ago.

http://www.coindesk.com/bitcoin-exchange-igot-challenges-scam-allegations/

So, if you are really Rick Day, how about starting a new igot thread and telling people exactly what happened and what is happening now?
That is, if you hold out the slightest hope of ever being trusted again.
The way Bitcoin 'entrepreneurs' think they can fuck people about that trusted them, REALLY PISSES ME OFF.

I ran this

http://www.marketwatch.com/story/10-q-btcs-inc-2015-11-12

and this

http://www.marketwatch.com/investing/stock/btcs/profile

and this



past a very successful stock picking acquaintance. He put some time into it, phoned me back and laughed.


I can't speak for yslyung, but I think he was questioning your motivation, rather than underestimating you.