WTB some shares, someone are selling?
PMed, let me know if you are interested. I am going offline soon. May I ask why you are selling/ I am buying 2nd gen shares with the current referral program before it closes. I only have 5890 qASIC shares left. PM me if interested. |
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I have been using LTCgear since Sept. and been through two multiplications. I would say don't invest BTC that you cannot afford to loose (don't use leverage). I ROIed in 6 weeks for my first investment and I have made many small investments since with ROI being achieved in as little as 4 weeks if it was a good enough deal. I originally bought several packs with Paypal, which I took as a good sign that they are a real business.
I would recommend buying a small amount of shares to try out for a few weeks. The qASICs are cheap right now and the 2nd gen pre-shares should be very good once they go online in mid/late Jan. I am currently selling qASICs to buy 2nd gen shares with a decent discount through the referral system. I am happy to split the referral fee if you are buying any 2nd gen ASICs from the main LTCgear website. Send me a PM and I can send you my referral link. There are many good resellers for qASIC shares if you want to buy a small amount.
Two other companies to look at are GAWminers and Hashprofit.com. I can't say much about the second one beyond it looks interesting, but the first is a US based company that may reduce some of the risk.
Best of luck with mining.
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I would like to know what it means "the current affiliate percent will be maxed at 35% until closure." I doubt he would pay 35% commission
It's $103 referral for a 2nd gen 10 pack. If you want to go 75/25 with me on the referral, feel free to PM me and I will send you a referral link.  |
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WTB some shares, someone are selling?
PMed, let me know if you are interested. I am going offline soon. |
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As discussed with a part of customers, the current affiliate percent will be maxed at 35% until closure.
Does this mean anyone and everyone will have 35% affiliate discount? Or is this only for "part of customers" or select customers? It should mean anyone who refers themselves will get 35% off. Anyone try this yet? Does it show up as 35% on the affiliate page? |
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Sale open again for the remaining 6400 shares.
6400 for 4BTC
3200 for 2BTC
1600 for 1BTC
800 for 0.5BTC
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I'm selling my remaining 6400 qASIC shares for 4BTC. PM me if interested. (I'll delete this post once they are sold.)
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that i dont mean...in which currency i have to pay`? do i have a choice?
LTCgear currently only accepts BTC. I suspect there will be resellers soon that can accept other forms of payment. I am not sure about the Hashprofit site mentioned in the first post. |
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Dual Mod's profitability is just down the drain, anyone knows how that will work going forward? Or its just a waste?
IF you are sure it is down the drain, you can sell them to me at 1.5 BTC each  . Seriously though, I think they will be profitable again after the 24th multiplication (hopefully they will be included in this). |
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Are you really adding CCs soon? That would be a great option. I never received a reply back from Chris about accepting paypal again.
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Wow.... 30 days to ROI, sounds really good. One last thing (two really).
1. If the ROI is so good, why are you liquidating? Wouldn't it be better to hold?
2. Share multiplication, does it work effectively to counter difficulty increase and help keep ROI on track?
There is never a guarantee in ROI. This is an estimate and maybe way off with LTC difficulty goes up too quickly. the share multiplication helps to offset the diff increase but not 100%. I am only selling because I am using the BTC to buy 2nd gen shares. how's the 2nd gen compare in ROI? No one knows right now. I would guess at least twice as long as qASIC shares. However, they should continue to be more profitable for a longer period of time. I'm online, PM if you want to buy some shares.  |
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We really don't know if they will cost more or less when they are actually released. Or, if there will be a Christmas special with a significant discount available in two weeks. However, given the price of Dual Modes at $1200 now and before at $839, the 10 pack is roughly half the mining power of the current Dual Mod for $295. So, that does place it as if you pay $600 for a Dual Mod 10 that will not kick in until Jan.
Disclosure: I am selling qASIC shares to buy gen2 right now. So, I am probably a bit biased.
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is it possible to sell these shares?
Not at the moment, unsure if there will be. If you want to resell, create a new account for each lot you want to sell with a newly created email address. Then you can sell both email and account anytime. Edit: You could also pay for the order from an account you control (not from an exchange), so you can provide proof of ownership to avoid accusations that you are selling a hacked account. |
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Hi. I just bought 4 10-packs of 2nd generation pre-shares, so I now own 40 2nd gen pre-shares. According to Chris' data here: https://ltcgear.com/wp-content/uploads/2014/12/reward_2nd.png each 2nd gen share is likely to generate 0.006 BTC/day. In other words, my 40 shares should yield about 7.2 BTC/month, which is ROI in less than 2 weeks based on my 3.08 BTC purchase price! Or am I missing something...?  That could be, but everyone forgets the most important thing: His data based on ONE UNIT alone, If his whole farm of gen2 mine the same coin at once, it will shot its difficulty to the sky while dumping the price to the ground since almost no altcoin with small marketcap could withstand his farm. This is a concern. One solution might be smaller blocks within each farm that mine independent of each other and spread out the hash power to avoid too much on any single coin. The total return can just be pooled for each 24hr period. I assume this kind of stuff in the works. |
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Heading offline again. I'll check back tomorrow. |
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Wow.... 30 days to ROI, sounds really good. One last thing (two really).
1. If the ROI is so good, why are you liquidating? Wouldn't it be better to hold?
2. Share multiplication, does it work effectively to counter difficulty increase and help keep ROI on track?
There is never a guarantee in ROI. This is an estimate and maybe way off with LTC difficulty goes up too quickly. the share multiplication helps to offset the diff increase but not 100%. I am only selling because I am using the BTC to buy 2nd gen shares. |
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Can you show me how the calc works? There's like dual mods, farm shares, and stuff. Say I wanted to buy 500 of these shares ( I know it's less than the 1000 per transaction, but all I could afford now) what would you input into the calculator?
On the main page, enter the total qASIC shares as 500 and change the scrypt coin choice to LTC. Click submit. On the ROI Tracker page, click add row and enter the USD value of 116.16, the qASIC shares value of 500, qASIC mining to LTC, enter today's date, and click submit. |
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I'm sorry i don't understand something. Here price per 1 MH = $3,15 and on Cryptomine.io Price per 1 Mh/s = $12.45. How that is possible? LTCgear qASIC is only scrpyt mining Litecoin, most other sites can mine other coins. |
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