If and only if someone properly reads and comprehends what is explained on the first page(and later part ) of this thread then only would understand that tmfp has proved his point by using data from gainbtc site (NOT any assumption) and calculated that data using coinwarz (a profit calculator widely used in "real" bitcoin-mining world). Only assumption in that calculation was cost of electricity (lowest possible rates taken into account) and miners being used(S7 was considered). Results do not match profit claims by gainbtc.
It is straight forward calculation. Those who have "faith" in gainbtc have not been able to negate "any" points raised against it. Every time raising point about "their payouts are regular" is only proving that their incoming cash/bitcoin flow is currently higher than outgoing bitcoin flow.
Yes, someone's properly read the answers and even agrees with some of the statements
The only thing I don't get is how it is possible to use the word "fraudelent" without any facts?
.... let's call one BTC $682.
1st assumptionWell, right now one BTC $832 which is $150 more than that or 22%. 10 days ago one BTC was $1051 which is 50% more than that number and year ago the price was $377 which is twice as less. From my
point of view it is hard to predict anything with such volatility or build any solid conclusions.
We don't know what miners they are using for Bitcoin (that's if they mine at all), let's say Antminer S7.
2nd assumptionWe don't know what they pay for electricity either, let's say $0.06, reasonable to cheap.
3rd assumptionAgain, I know nothing about this stuff but when one sees serious accusations it would be a good idea to see something more than calculations based on assumptions some of which are questionable. I mean,
every business has its own secrets that give his owners a competitive advantage. It is not payout size that make a business ponzi but the way its finances get managed.
Just my 2cents
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