Hi again.
I want to ask you guys about tha 2 months... ROI posted here.
I cant see how can you get 2 months ROI on this...
PLEASE CORRECT ME IF I'M WRONG
Nov 28 2014 calculations for Litecoin:
2014-11-21 Network difficulty 46816.02093 0.00135356 LTC/day / 1 Farm$hare (0.00016507 LTC/day / 1 Hw$hare)
2014-11-22 Network difficulty 46847.29664 0.00135265 LTC/day / 1 Farm$hare (0.00016496 LTC/day / 1 Hw$hare)
2014-11-23 Network difficulty 49818.48906 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-24 Network difficulty 49818.48906 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-25 Network difficulty 49818.48906 0.00127198 LTC/day / 1 Farm$hare (0.00015512 LTC/day / 1 Hw$hare)
2014-11-26 Network difficulty 51792.20751 0.00122351 LTC/day / 1 Farm$hare (0.00014921 LTC/day / 1 Hw$hare)
2014-11-27 Network difficulty 52646.50355 0.00120365 LTC/day / 1 Farm$hare (0.00014679 LTC/day / 1 Hw$hare)
Total: 0.00894931 LTC (0.00921779 for 3% bonus shares and 0.00966526 for 3+5% bonus shares)/ 7 days / 1 Farm$hare
Total: 0.01420526 LTC / 7 days / 1 ASIC Share
Total: 0.00071026 LTC / 7 days / 1 Hw$hare
Assuming the last payouts are 0.01420526 for 1 share (7 days), lets use 3000 shares for example:
3000 shares cost about 899$ (today)
0.01420526 * 3000 = 42.61 LTC in 7 days . Thas about 150$ at current LTC price of 3.5$
So its suposed to be 150*4 weeks = 600$ for 1 mouth. BUT
There is a increment of difficulty of 1% EVERY DAY looking at last 6 months (not regular increments)
That means 30% less at the end of the first month: 600$ - 30% = 420$
So second month may be 600-60% = 240$.
And for 3rth month will be only = 600-90% = 60$
That will be about 750$ in 3 months.... still far from 899$ investment.
What I' am doing wrong?
Where is 2 months ROI ?
I'm sry if I am wrong. Just want to be sure how this goes before buy.
Awaiting your comments.
Thanks!
You can re-do your math with these facts: Take off 8% for paying with BTC = $827.08 for the 3000 shares Multiply the 3000*1.25 and you get 3750 shares (you get multiplication every 6 weeks based on the increase in LTC difficulty) |
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I have read one page on this post and I could not read anymore. A lot of you I am not sure your either bitter or children.
How many of you have supported a coin that lets be honest has failed?
How many of you have lost money?
I bet a lot of you.
Well I know GAW customers who have not lost any money. In fact until a month ago. Everyone was making money at GAW.
Now Josh and his team knows as well as most of you know. Most pools and coins are slowing down or not making any profit now. So they have created a new coin and not just a coin a system where they is no difficulty. They have put millions into this (unlike all past coins) Yes its all new (and some old) yes they is a chance it will fail. But with the money behind GAW they are trying to bring crypto to the masses.
This is all good for the Crypto World.
So grow up or step back.
You only lose money when you sell and all of these suckers are waiting for the mythical unicorn to rain down paycoins before that happens. Exodus will happen after that for some but others will stay when they hear Josh's next big plan to keep ahold of their money! |
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- no more coupons. Those were for black friday and cyber monday
- even without the coupons the 3k0 pack is a good price!
- multiplication is done roughly every 6 weeks and yes you can wait to buy until a fews days before the 24th and they will still get multiplied
- paypal hasn't worked since the beginning of november.
All the shares get multiplied or just that you bought from LTC Gear? What about transferred shares? All shares get multiplied. Alright, thanks, is it 35% more shares every 6 weeks? was 25% at last multiplication. It's decided against LTC difficulty at the time. I bet it will be less than 20% next time. If multiplication was right now we'd go from 41.5k to 52k giving us another 1.25. If difficulty goes up past 52k so does the adjustment. |
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So how many shares do you guys own and have you come to ROI?  Me 6200 shares and yes I made it to ROI 3 weeks ago whit my first shares  I suggest you do not list officially the number of your shares cause this way u just become potential target for scammers and hackers. I΄m already on that ... seems he uses TOR but i΄m getting close (Just kidding) Yeah, setting up multiple accounts from multiple emails seems like the best solution. Good idea and maybe a couple of different wallets too. |
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Paycoin truly is magic internet money
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Good news on the VTC front: Hi again, As you may now, the VTC team is moving to change algorithm for Vertcoin,from Scryp-N to Lyra2(RE..). Despite their enthusiasm, ASICs will hash coins on new algorithm (FPGAs hashing new algorithm is trivial job, btw). As about Dual Mods already sold by us, Dual MODs profitability level will be kept at same level ( a custom multiplication may be performed on MODs after VTC hard forks). Kind Regards, Chris http://ltcgear.com/vertcoin-alg-change/ |
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There is no lock. There are no corporations using the coin. There is no buy wall. Don't you get it? These are all deluded dreams or outright lies. If the coin does release the value will immediately crash to a few satoshis.
I'm just wondering how the floor works. If people just dump the coin and the price drops to $20 are they going to halt all the trading of paycoin to keep it from dropping below $20. They will spray paint the price in pink on the warehouse floor. I see what you did there |
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Why wouldn't corporations just use Coinbase or Ripple (XRP)? It boggles the mind.
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I just did some quick math in Excel entering all the transactions to LTCG (buys) and figuring out what that amount of BTC would get me today and it's pretty damn close to what I purchased in the past. In the end, with the two multiplications I received and some Black Friday/Cyber Monday deals I'm actually ahead of what I could buy right now with the same amount. So, don't feel too badly about the price coming down, it's just about right where it should be.
One thing some people seem to forget is that the multiplication isn't supposed to make you more money, it's supposed to keep you even and it's essentially a gift. If it went away you'd still be making your money back faster than any other place.
Also, In about 2 weeks I'll be ROI on all purchases (previous shares paying for new stuff and all that.) Keep it going Chris!
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What happens If during the week I change the payout method? Lets say I had BTC as payment option for first 3 days and then the last 4 days of the week I selected to DRK? Would I be paid both BTC and DRK? Or it will somehow mess up my account?
You'll just get BTC. You can safely make changes up to Thursday night, anything after that is a gamble. |
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as you can see AMHash investors are awfully precious about their meagre divs  No you're just not being reasonable. Compared to Genesis, Hashie, PBmining or any of the others Amhash is about as honest and real as you get without mining at home. Bleh, off track now. Mt GAW sucks! I predict that after all this, after they get rid of their "loans" from customers they will swing back to selling hardware again with some PR about "keeping it real." Starting the cycle all over again! |
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from what i've observed, ASICMiner tend to use the IPO funds from one round to fund the next generations of their chips, when the funds should be used for current developments ongoing, thus, dividends are often severely delayed. Also, their sales are not as good as one might expect due to being behind constantly the curve in chip development. The BE200 chip was way under-spec compared to most other hardware manufacturers, and if this trend continues, there may be little to no dividends to pay by the time BE300 is installed in mining rigs. The dividends are only delayed on the weekends otherwise you get paid every day around 12 noon EST. I've been in Amhash 1 for almost two months now and no issues to report. And meager dividends? So getting your money back in about 4 months from a reputable firm is not good enough anymore?? And this is in the GAW thread??? Wow. |
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I really wish GAW/Josh did not mess with the payouts. I hate having space heaters in my house. I do have a room off to the side so there not right near me. He should have just kept it simple stupid or kept the other pool up while he was developing Paycoin. So instead of looking like he was funneling money from one for the other and it looks blatant that is what happened. Now basically forcing people to switch over. By dropping the pool price. Giving one choice there way or the highway. One way being hash stakers because if you stick with mining bit there will be nothing there.
You can invest amhash at december 10, they have new fund, so no need for heaters right (actually I like heat, this place is so cold right now) please do research before doing this. find out the dividends paid out on previous rounds of this offering before diving into it. |
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Yes it is and it provides ROI around 4 months or so. Also, Havelock has a good market you can sell your shares to provide some liquidity. You can get regular Amhash shares from Hashie too but they kind of rape you on fees for sales so stick with Havelock. |
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Prices on the site itself are dropping very fast now  Looks like, they need more money God forbid, any business wanting to earn more money  well the issue is we don't know if it's really a business. Legal business, potentially not However, he sold FPGA and various other pieces of hardware for a few years, so they're not exactly newcomers to the 'scene' yes i know all of that, but you have to admit this is sketchy as fuck. what was the point o the black friday and cyber moinday sales if he's just going to release this 3k pack? It's not that uncommon to have a "sale" at the new prices then lower prices to that point later on. I'll admit I don't like seeing prices come down this fast either but that's the way it goes. I'd like to see a whole lot more of "out of stock" notices on products like it used to be. |
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What i see in this chat is fear, tons of fear that bitcoin holders will become bitcoin bagholders. Just read this thread and it's easy to spot those with fear in their post.  What I see in your post is one incredibly delusional fellow. I hope to make some money with paycoin but thinking that it will actually compete with BTC, let alone supplant it, is a bit premature at this point. |
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This Friday is going to be one of the most critical days of my life.
Just like previous Friday? And the Friday before that?  tell me about it No,no, I think the Friday before was the most critial one. Remember that Friday? http://www.imdb.com/title/tt0113118/'Sup Red |
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you have to own a prime controller to unlock the source. the source is encrypted with hyperflex chain and needs to decrypted with the thermodynamic decoupler.
The prime controller uses 1.21 jiggawatts of power I heard. |
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Can you transfer more shares to Dual Mod? By default it takes 630 ASIC.
No. So if I buy another Dual Mod does it take another 630 shares? Yep, now you have the idea. It would be great if they lowered the price to dual mods back to the $800 range again... |
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Can you transfer more shares to Dual Mod? By default it takes 630 ASIC.
No. |
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