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6081  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 11, 2014, 03:29:43 PM
Due to the extreme demand for our new lifetime contracts you currently might experience some delays in our payment approval system.

Please be patient, we are doing our best to approve all orders as fast as our system can and we are confident to clear the delay soon. Current delay time: Maximum few hours.

Thanks for your understanding!

Your Genesis Mining Team


So this is the reason why promo codes do not work?
6082  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 11, 2014, 10:21:54 AM
ROI anyone?
6083  Economy / Service Discussion / Re: Where to put 0.5 BTC? on: September 11, 2014, 10:20:53 AM
I am currently involved in 4 different investment opportunities and all 4 of them have been profitable for me. I am currently researching another one and will test it soon. Let me know if you are interested, I might share this with a few people but I will not post this in public. Good stuff gets saturated easily.
6084  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 3 months on: September 10, 2014, 07:48:49 PM
Yup, still no1 cloudmining service available, at least in my opinion. Nobody else can provide these 2.5 months ROI.
The problem is that they are often out of stock so people need to check the page often.
6085  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 10, 2014, 04:52:37 PM
Great work GM, congrats.
6086  Economy / Securities / Re: Is there anything here worth of investing? on: September 10, 2014, 04:41:45 PM
I went through couple of posts here and all of them end up with the same conclusion, SCAM after SCAM. Is there any decent crypto related security which is actually worth of investing in?
Is there anything with a decent business plan, a clear statement how to use money collected from investors and a dividend which might provide ROI some time in the future?

Has Bitcoin really become a tool for dishonest people to steal money from the community??? I really hope I am wrong.

So what is your 'investment' background? Before offending other, we can ask you, what kind of education in investing and successfull projects you managed so far. But just kidding.

Can give you one advice. Dont 'invest' any money anywhere, that how you get money over time. the chance of grabbing a successfull project is 1:1000 ?? But just kidding.

I made a Forex bet on that two months ago: type into the machine greenzone pamm

Yeah, dont you like BT anymore? Got your 50k account already full?  Ltcgear  shares at max? Shocked

take alook at my link to free bitcoins. the good thing with that faucet is, that you have to do nothing and getting a range of coins everyday on your account.

Seriously, that is your recommendation, qoinpro? Where I can make a dollar every 6 months. Heh, just kidding. Regarding my education, I ve been analyzing stocks in real life for the last 11 years and I know what to search for. The problem is that people provide limited infos regarding their IPOs and most of these infos are pure BS. A major advantage of Bitcoin, its anonymity is also its major problem, people can lie and there is no authority to check the data. This is why it is extremely hard to find innovative and profitable businesses, they are often covered in a lot of Bitcoin IPO junk.
Trust me, differentiation is the key and it is also our single most efficient defense against bad investment decisions.
6087  Alternate cryptocurrencies / Mining (Altcoins) / Re: Been away - what is with all these new algos? on: September 10, 2014, 09:50:55 AM
i really dont see why everyone is suffering and shutting down, i only have 13 cards and iam doing just fine with my take.....

What cards and mining what? Show us your calculation. My best guess you are making $1 net per day. Good for you.
6088  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin Investment Groups? on: September 10, 2014, 06:29:11 AM
Hey guys, this is a really great idea. I have been mining and investing into crypto for almost 2 years. Currently my portfolio consists of 4 different investments and guess what, they are all profitable ATM with ROI between 2 and 8 months. It took me months of research to select these ones I use and I have a list of at least 10 more potential investments I currently work on.

Anyway, I would be delighted to join this group and share my info with other people as long they share something similar with me. A word of caution, this group needs to be private and limited in numbers. Large number of people saturates every investment opportunity. Also, people need to be ready to give something in order to get something. In other words, the group cannot be simply about people asking for info and not sharing anything.

6089  Economy / Securities / Re: Is there anything here worth of investing? on: September 10, 2014, 05:31:47 AM
Searching for 1 more opportunity to invest in. Options?
6090  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 10, 2014, 04:45:15 AM
What s with this info GM ll upgrade all contract to lifetime contracts? It was posted on the other GM thread.
6091  Economy / Service Discussion / Re: Genesis-Mining Review on: September 09, 2014, 07:27:13 PM
No chance of me making a ROI with these guys as things stand unfortunately.

I took my 1 year contract out on the 10th of June for 0.433 Btc for 2 Mhz (approximately $277.12).

So far, earnings in just under 3 months have come to $66. The rate of earnings is decreasing steadily however, with approximately only $11 earnt over the past 27 days!

I think if BTC price gets back above $720 dollars this should make a ROI, but if the price continues to stay low there is zero chance of making a ROI.

If however you do feel like experimenting with the service then please click my affiliate link, as if your confident on an increase in Btc price this should make you some profit.
I was thinking about starting with them. Now I think it would be better to wait and let's see what is going to happen with BTC. Thanks a lot for your helpful information.

I also use Genesis Mining, not very happy with the result, it is highly unlikely I will be reaching ROI.
There are far better cloud mining services out there, I use a couple of these and I can compare results easily.

So I just spoke with Marco about things last night. (Marco is the CEO of genesis). He is launching LifeTime Contracts today and upgrading all other previous folks to the same. Now, from what he told me, a lifetime contract is one that you get for as long as there is profit on the machine. So meaning a good long while seeing as how they have dirt cheap power. So this kind of changes things for you I would presume, no?

This might improve situation a bit, considering they offer a variety of coins to mine, let see how it goes.
Definitely step in the right direction.
6092  Economy / Service Discussion / Re: Genesis-Mining Review on: September 09, 2014, 07:15:25 AM
No chance of me making a ROI with these guys as things stand unfortunately.

I took my 1 year contract out on the 10th of June for 0.433 Btc for 2 Mhz (approximately $277.12).

So far, earnings in just under 3 months have come to $66. The rate of earnings is decreasing steadily however, with approximately only $11 earnt over the past 27 days!

I think if BTC price gets back above $720 dollars this should make a ROI, but if the price continues to stay low there is zero chance of making a ROI.

If however you do feel like experimenting with the service then please click my affiliate link, as if your confident on an increase in Btc price this should make you some profit.
I was thinking about starting with them. Now I think it would be better to wait and let's see what is going to happen with BTC. Thanks a lot for your helpful information.

I also use Genesis Mining, not very happy with the result, it is highly unlikely I will be reaching ROI.
There are far better cloud mining services out there, I use a couple of these and I can compare results easily.
6093  Bitcoin / Bitcoin Discussion / Re: What will be covered more in the coming week? Paypal integration or Satoshi? on: September 09, 2014, 07:03:21 AM
This is good, this is REALLY good. Once we have Paypal on board, the next logical step is Paypal owner - eBay.

After that, WOOOOHOOOO.
6094  Economy / Trading Discussion / Re: Bitcoin arbitrage, pros and cons, experience and profitability on: September 09, 2014, 07:00:29 AM
Please don't get arbtrage confused with these 'guarenteed get rich' quick schemes. You don't always make money no matter which way the price moves, it has nothing to do with the direction of price movement.

I can assure you im Not confusing it.My method is something i put together myself and im fully aware how arbitrage works.

Im just one of those weirdos who enjoys mathematics

So you do not sell, you do not promote it, you just talk about it?
6095  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 08, 2014, 04:37:21 AM
I ll repeat the question which I asked 2 weeks ago: IS THERE ANY SINGLE GENESIS MINING USER WHO HAS REACHED ROI?
At least 1? Anyone? Anywhere?

I guess not. If this is the case, this whole thread about what they introduce or what you guys mine is pointless cause none of use is here to send them money unless you enjoy losing money. Go find something else more profitable cause using Genesis Mining benefits ONLY Genesis Mining.

Prove me wrong.
I'm not sure it is possible to reach ROI at the prices they have paid.   Even the new prices are still higher than the GAW Prime Hashlet if you go through a reseller because you typically get 5% off.   That one will only ROI because GAW keeps adding features to it and changing the game.  (Maybe it won't make it either.)   But it is priced a nearly a 2x premium to everything else!

The only attraction to Genesis mining is that you can pick which coin you want and maybe if you are great at picking coins you could get a positive ROI.   

How is this different from simply using BTC to buy that particular coin at the first place?
6096  Alternate cryptocurrencies / Mining (Altcoins) / Re: How youll LOSE money with the hashlet. (read) on: September 08, 2014, 04:34:52 AM
You know why GAW is pushing hashlets so hard the last ~month?.... its because of these... https://turingstations.com/  "550MH/s – $4,899 ..Power Consumption: 1100-1200 Watt"  when these hit the network 1 mh isnt going to roi in 2 months.

... gaw miners 550MH... $11,000 when from turing you can get it for $4,900.


edit...not to meantion  at 550MH youre paying 8cents each per day... paying them 44$ a day ( for "maintenance"). dont get got friend... at 1200watts IF your KW/h was $.20 (very high)... it would only cost 6 dollers a day to run.

U gotta be joking. This is the dumbest thread ever. GAW might be a scam but this turningstations is also probably a scam. After tons of so called ASIC makers who cheated their clients on preorders you post this!!! Anyone ordered this, any photos, any reviews of these machines, videos? Ha?
6097  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 3 months on: September 07, 2014, 06:59:58 PM
Think about it, 13 months online and 2-3 months ROI. Do you know how many people reached ROI in this period?
160mhs for $850, grab this anniversary discount offer while u can.

Dude, that discount is about 45% off the lowest priced New Generation Asic Scrypt Miners I know.

Can you explain, how they can keep selling it, at loss of 45%? I saw few miners just about or little below

$10 per MH but $5? Yeah, man. Besides main point is that people still reinvesting it all the profits, means?

There is no profit, Secondly Maybe that's why they Introduce 49% sale, because they need fresh money to

keep ponzi up for a while? I dunno man, just a thoughts but.. Perhaps there is a sale that big for couple of days,

But Weeks? And now it's available in unlimited quantities? Anybody, Can you provide Photo of their Warehouse, please,

even fake one? I might bite that, thanks.

Regarding farm photos, the admin has promised the option of video monitoring of rigs in a couple days, this should help out.
My advice to you - don`t invest. Please don`t. If this seems too risky to you, well, go put your money in the bank and make 0.5% per year and let me make money my own way. I really see no point in trying to convince you I actually reached ROI with them after just couple of months using them. I also do not care whether you use them or not. Good luck.
6098  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 3 months on: September 07, 2014, 04:53:53 PM
Think about it, 13 months online and 2-3 months ROI. Do you know how many people reached ROI in this period? Almost everyone who started using them besides the most recent clients. What ponzi does that?

160mhs for $850, grab this anniversary discount offer while u can.
6099  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 07, 2014, 09:40:33 AM
I ll repeat the question which I asked 2 weeks ago: IS THERE ANY SINGLE GENESIS MINING USER WHO HAS REACHED ROI?
At least 1? Anyone? Anywhere?

I guess not. If this is the case, this whole thread about what they introduce or what you guys mine is pointless cause none of use is here to send them money unless you enjoy losing money. Go find something else more profitable cause using Genesis Mining benefits ONLY Genesis Mining.

Prove me wrong.

Ask again in Feb-March time which is when GM started selling contracts I believe.

You can ask me in the middle of May.

Dude, there is NO WAY you can reach ROI from purchased hash. I understand you give your best to promote that discount code they gave you but this is not what I was talking about, I was talking about hash purchased directly from Genesis Mining. If things are going so well for you, show me your calculation, what ROI have you received so far, when did you buy your hash and at what price? If I am wrong, I will apologize but there is simply NO WAY anyone can make money of Genesis Mining cloud hashing service ATM.

I never said anything about if things are going well for me or not, just saying that my contract is for a year, I am not even a third through it yet, but as I have another 9 or so months before my contract finishes then if you ask me then, I can tell you whether I reached it or not. I do have contracts with other providers too, My contracts with GM are small, I bought 0.8btc worth between May and June, daily payments when I started were around 0.003 BTC a day, that was with 1.8 Megahash, so not too bad, by June though it started falling fast, I had 3.8 Megahash by then. So if it makes ROI, so be it, still a load of months left yet.



Again, ROI s been steadily going down for everyone, starting the day we purchased contracts. I really do not see what do you expect to happen in the next couple of months which might improve your ROI cause difficulty s going to go up and your ROI s going to go down.
Genesis Mining delivered what I paid for, there is no issue there, however, I would never buy from them again cause having experienced this kind of ROI.
6100  Economy / Service Discussion / Re: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-) on: September 07, 2014, 07:26:03 AM
So WTF is this then? How do they make money to pay off their users? I don't think this can be an ordinary ponzi, everybody knows info about owners and the company, if they scam so many people, they ll be in jail for millions of years. There must be some other agenda behind this.

I agree with you....


but have you heard of Mt Gox?

Sure but Mt.Gox was an established business with clear business plan and strategy which could have generated profit for the company. Their owner being a scammer is a completely separate issue.
On the other hand, I cannot identify this business strategy part when talking about hashlets, how do they plan to make money, at least in theory. Once this is identified, then we should talk about whether they are able to execute that business strategy.
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