|
I use both. Cold storage with multi sig wallet. Not that I have something to protect, unfortunately, but still, I like to play safe.
|
|
|
|
Video footage from a recent call Josh had with his lawyers.... Very telling. Again the same question. If he really broke so many laws, how come he s still around? |
|
|
|
this aint no service, this belongs in PONZI / SCAMS section ...
Pls elaborate. Why do you think this is not legit? |
|
|
|
|
I know some people do not agree with me but I do feel some kind of regulatory framework s necessary.
It would limit the number of scammers and ponzi businesses we currently have inside BTC economy.
Having a limited consumer protecion legislation would definitely, at least partially, prevent this problem.
|
|
|
|
|
What does this have to do with BTC services discussion?
|
|
|
|
LMAO, this owner is urgent to sell cheap apps and website to you with very overpriced price. I have tried this site on April 1st, had very bad experience there. The worst gamble site I have tried. 1. Buggy PC client, I downloaded and tried to registered, but failed, so there was a bug. Proof: https://bitcointalk.org/index.php?topic=931881.msg10946412#msg10946412 That thread is self-moderated, if you can't see my post there, it must be deleted by OP. 2. There were a few users there, less than 5, when I logged in, it just showed me and admin were online, in 3 hours, I saw the other player. 3. I registered many poker tours, but they were all cancelled, the reason was: at least 5 players in a freeroll. But you just have pathetic 3 players, you still didn't wanna us play? IMO. With such a tiny traffic and no profit site, your site is worth less than 3 BTC. But not worth 3000btc. You just day dreaming it is worth 3K btc?OP is incompetent to manage this site, including marketing, develop a non-bug app, that's why he sold the site so high price to you, which is a no traffic gambling site. Don't be fooled by him, guys, you can see his site announcement, https://bitcointalk.org/index.php?topic=931881 Posted on January 21, 2015, but only 2 pages replies, and most of the replies were made by him. This is interesting info. Exactly due to this reason I ve asked for revenue data first. |
|
|
|
One thing, from what I see, this is a stake service where the coins being staked are those with PoS options, please do shed some lights, what coins are they staking for the moment ? It is weird that they are paying with BTC instead of the coins being staked. And also that PoS coins normally are fluctuative , will this imply a loss for the investor if the value of the coin being staked are drop?
-snip- As for that i believe your investment is safe i think the only losses that occur would be the daily earning. As long as my initial investment is safe its the same for me just leaving them in my wallet this way i gain more coin on top of my investment. Not sure about everything you can visit the site its in the OP. You keep telling us your investment is safe but there is a major problem. Your investment does not stay in BTC, it gets exchanged to coins which are set to stake. If the price of those coins goes down and you request your investment back, somebody s going to cover that loss. Either you or the OP. Can you comment on this OP pls? What happens in this case? I keep saying i think and believe until i try to pull my invest more or anyone else dose im not sure of anything. I don't own the site so i wouldn't know im only using the service all i know is my earnings keep going up. I'm pretty sure you can ask on the OP's thread or pm him anything i know is based on what ive read on the site or received via email or pm or looking at the site. anyhow I got a reply via PM regarding this issue from cyberpinoy, i got his permission to posted it here -snip-
Paying out in the coins we are staking at this period of the project would be counterproductive for us and the investors. Most people are going to sell the coins they earn for BTC or reinvest them one or the other, we are able to make BTC payouts because we have some back-end mining we are doing that so far is able to cover the costs of payouts and bonuses. (we will not and do not advertise we will ever buy more mining power, and we will not. This was just something we had and could use to help kick start the system we built) So as of now we are always buying coins and holding them, this helps to stabilize a coins market as much as we can to try and hold your earning value the same or increase it with every investment. If we paid everyone in the coins we staked they would be selling against our buys and this will not help the market rise. So we base everything on BTC values.
-snip-
The investor will never lose out on his original investment, if you invest 1 BTC you will always have 1 BTC in your account working for you. Your daily earnings are based on the value of the coins that day when I do the updates using the chart provided in your members account area (its a cryptonator widget that tells us the values of the coins determined by a variety of sources they use) so even those are safe.
few things to be noted has been bolded and I do think it is best to post any question regarding this in stakeminers' thread here https://bitcointalk.org/index.php?topic=989670.0 because sparkedDev is only an investor which know a little about the site . Keep on asking question about stakeminers here will only create an endless debate and to SparkedDev, I do think this discussion thread should be place in Altcoins service discussion board since this sites mainly about staking altcoins So what he says basically is that he would compensate the loss which might arise from the value of staked coins going down? You always get 1 BTC back if you invest 1 BTC, right? |
|
|
|
Is it possible to mining BTCitcoin without any capital/asset?
No... You need a computer, a mining software and electricity... those are all assets. You cant mine on your PC anymore. Actually you can mine some small CPU coins but this is useless. Mining requires a lot of money and funding recently. Start with sig campaign as someone suggested and work your way up. Also, I would be differentiating into PoS coins. |
|
|
|
This photo s what makes them ponzi 100%. Nobody puts miners so close to the wall. No cables, nothing.
If the photo s fake, then you can only ask, WHY FAKE IT IF THEY ARE LEGIT?
Looks toooooo clean to me.   I need me some wiring mess like I have in my basement and garage!!!  If you look closely you'll notice that the picture is a bit blurred, the miners are out of focus. Now compare the above with a similar picture taken in a real facility:  The shadows below the racks are uneven, like they should be. You can see marks on the floor from moving the equipment, the wires, light coming in through the cooling vents in the wall behind the miners... This, exactly! The picture from Bitcoin Cloud Services looks like it was copy/pasted from real legitimate cloud service providers(is there such a thing), touched up and sterilized to look like the perfect Bitcoin mine. I mean even Genesis Mining's pictures look a little neat for me, even though it looks to be proven real:  This is more along the lines of what I want to see in a Bitcoin mine:  Wires everywhere! Not sure about Hashnest profitability wise, but at least you know it's real mining. Exactly, this is the proof of an existing farm. A real person next to miners. It shows not only the farm but it also adds additional transparency cause you have a person you know. e.g. Marco from Genesis Mining, standing next to it. If the company s legit, this is 30 sec job. |
|
|
|
You can go far ways with $600 in mining... considering you have free power.
No free power? Don't expect profit for a few years.
+1 I would go for some PoS coins. It s also mining in essence but you do not need hardware or cheap power. All you need it to buy coins and keep them in your wallet until they mint new coins. There are several interesting PoS coins, search for highly acrive dev teams and sufficient value. |
|
|
|
Trading has just been fixed. Tonight at midnight we are commencing 48 hrs of free mining. On Tuesday we are planning to reduce the maintenance costs and restore profitability. Can you elaborate what s been the problem pls?
Is it hardware or software issue? The problem was a bug in transactional engine. It incorrectly calculated the trades applying lower prices instead of the best price from the top of the bids. It was only noticed when someone tried to sell shares at very low value back on the 23rd of March. As you can see on the graph there was a value of 363 satoshi. Therefore we had to suspend the trading. It took us so long to fix it as we are not working with the previous developers any more. We have just recently found someone who knows scala and was able to find the bug and fix it. Good to see you almost back. I ve been reading those accusations of you guys being a scam and I always like to see when these are refuted. Till Tuesday then. |
|
|
|
All i can say is to admit that I've lost more BTC there on that shit site than i will likely ever gain. Support Sucks. investments (?) Suck. Just a a whole lotta suck there - maybe the deadbeats willl come through, but i doubt it. Edit - This is my last "investment". I'm clearly 100% HODLing now.  When you say lost, what do you exactly mean? You invested into loans which did not get repaid? |
|
|
|
|
I ve made some nice profit investing into PoS coins, Diamond and Tek.
Staking could be considered as a new form of more efficient mining and you can have your coins stashed offline which reduces the risk.
|
|
|
|
|
The only 2 I would trust ATM are Hashnest and Bit-x.
The rest is just too risky to play with.
|
|
|
|
They are forcing you into it though...giving you no real choice. I am not sure how that works in China, but in the USA it would not fly. If it were me I would take the settlement then sue those scammers. If anything you can at least cause them a lot of problems if they were not paying tax or whatever China requires on it.
This is crypto, it would not pay off for almost nobody besides a few biggest holders. It sucks but I do not think people have any real option but to take it. The deadline expires in 2 days. |
|
|
|
We are testing now the patch. The transactions should be back very shortly.
Can you elaborate what s been the problem pls? Is it hardware or software issue? |
|
|
|
The price will double at minimum and miners will remain profitable.
We are going to have LTC reward halving this year and this is going to be a nice test on what s going to happen to BTC. |
|
|
|
Hashnest payouts a little behind again 5 hours.
The usual weekend glitch. They ll fix this in a couple of hours. This tends to take place from time to time. |
|
|
|
Day 3 earnings.
-snip-
Are you personally happy with these earnings? Would you recommend the service? Well at the moment its close to what mining with 1thash miner would get you daily. But has the ability for faster roi from staking. Coins go up in value so the amount earned can be the same or it can sky rocket. So i don't see why not a few people are saying they been pay out before so its more of a personal pref i think. If you want to invest you can always pull your investment out anytime i believe. One thing, from what I see, this is a stake service where the coins being staked are those with PoS options, please do shed some lights, what coins are they staking for the moment ? It is weird that they are paying with BTC instead of the coins being staked. And also that PoS coins normally are fluctuative , will this imply a loss for the investor if the value of the coin being staked are drop? coins:  As for that i believe your investment is safe i think the only losses that occur would be the daily earning. As long as my initial investment is safe its the same for me just leaving them in my wallet this way i gain more coin on top of my investment. Not sure about everything you can visit the site its in the OP. You keep telling us your investment is safe but there is a major problem. Your investment does not stay in BTC, it gets exchanged to coins which are set to stake. If the price of those coins goes down and you request your investment back, somebody s going to cover that loss. Either you or the OP. Can you comment on this OP pls? What happens in this case? |
|
|
|
|
Charity fraud? OMG, that guy s really something.
Then he goes around crying how people broke into his email. I m really trying to feel empathy but I don't. Am I a bad person?
|
|
|
|
|
Show Posts
