Unfortunately due to trust, security and privacy concerns this will not be possible
Well then you can just publish and sign one of your mining addresses. How about it?
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All the permabulls such as rpietila will have to capitulate and sell some at these lows before we will have bottomed.
Seems backwards. I'm buying at these lows, and won't be selling until we go way back up from here.
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So the end result is the same, but did you know that all this is slowley killing bitcoin lol.
Think about it, if this pbmining fellow wants to horde all the money in the world, and all negative news about bitcoin is scams and we want new users to adopt this coin.
Why would they? They already know this "sunken fallacy" so they dont bother and thus the value of bitcoin goes to zero dying to his own hand.
This is why so many of us speak out so loudly about all the scams going on. Help spread the word about these scams. When you see a new one pop up, help squash it.
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It has been stated multiple times by OP that the freshly mined coins are sold at premium rate and hence can not be paid to customers. But the stuff u r smoking never allowed it to get into your brain.
They don't have to pay them to customers. But if they are mining, they can prove it by showing the address and signing the address. Then they are free to sell the block for a premium if they want. So you see, there is absolutely no reason to hide the mining, that is, unless they aren't mining.
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he said he delete the old formula post right after, jan 2014 is near beginning of service. the quote is from old time and has nothing to do with insurance dinkerplinker
Correct. https://bitcointalk.org/index.php?topic=418183.msg9742781#msg9742781That is quoted from January, and was deleted after, as we changed our formula to include other factors.
"changed the formula" and didn't publish it. This was a shady operation from the beginning.
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You base this position on what?
Scott-
Logic. There is every reason to prove hashrate, and no disadvantages to doing so. This "company" has not shown any hashrate, therefore they are virtually guaranteed to not have as much as they claim.
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maybe they have the same interior design You're joking, right? At least I hope that's what the smilie face means. That "picture" is a image taken from the video at 4:46 and flipped horizontally.
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B. No detailed updates regarding their mining infrastructure, which I am told is located in South America and Asia, not the UK.
You know they don't actually have any mining infrastructure, don't you?
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Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?
Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here: https://bitcointalk.org/index.php?topic=418183.msg9743464#msg9743464A - B = C
Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.
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Looks like about 100 TH/s of contracts. Why don't you post a valid mining address to show you have such hashrate? Edit: Oh, is that a weekly payout? That makes it only 14 TH/s.
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For any naysayers saying the BitClub mining operation is not real, please view this short video clip from our actual mining facility: https://www.youtube.com/watch?v=W7_ggx0Y6-wYou will also start seeing our pool name show up on the blockchain very shortly as we continue to brand and add more hashing power each week. That might actually be a farm! Why don't you post some actual mining addresses?
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"It's a method of transmitting money."
Wrong. Bitcoin is money. Bitcoin transactions are ways of transmitting money. Just like checks, bitcoin transactions have little value in themselves. The value is what they transmit.
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But, the reality is, people who invested early, has already made ROI. You dont need to take my word for that. Verify it from an independent source...
Congrats. You've shown that some early suckers get lucky and make ROI on a ponzi scam. Most won't.
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They rely on constant incoming funds to keep the company rolling.
I wonder if there is a name for such a business plan...
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well you guys moaned about it being a ponzi . which it is not a ponzi if its mining and how to prove it is mining i just pointed it out . by checking the blockchain .
Are you referring to a particular ponzi cloud mining? I have yet to see these ponzis show any mining proof in the blockchain.
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Wow, stealing someone else's photos/videos. That's really scammy.
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How much SHA mining capacity do you have? Can you show a mining address to support your capacity claims?
Got any answers for my questions?
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I think it´s a reasonable demand that these self-appointed judges of others and saviors of people from themselves disclose their identities. I´m sure their spotless records in this world will enhance their credibility and dissolve any speculations about their real agenda.
The people asking for money should be the ones disclosing their identities.
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LoLz... I am an investor here.
So your goal is to promote this ponzi so that you can make a profit off of other suckers investors.
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