Looks like it. It may also reveal how he got caught: he's a ruby on rails dev. |
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Yes GHS price is crazy, 15x more expensive than PETA with the same maintenance fee...
same maintenance fee in theory. Peta math seems to be.. hmm.. "proprietary", divs are no where near theoretical yields. As illustration, divs for the past three days have been 43 satoshi, 10 satoshi and zero satoshi respectively. Dont know what cex.io is paying out, but Im assuming its closer to the theoretical yield and therefore at least a few 100 satoshi per day. Thats not to say cex.io price isnt utterly outrageous, because it clearly is. |
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Im still game for a bet. One condition is that you prove your liability to your clients victims significantly exceeds the size of the bet. Im not gonna bet you 100 BTC if your liability is only 10 BTC.
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Hey digi, I found this in my inbox: Subject: Dear Respected One, Dear Respected One, GREETINGS, Permit me to inform you of my desire of going into business relationship with you. I got your contact from the International web site directory. I prayed over it and selected your name among other names due to it's esteeming nature and the recommendations given to me as a reputable and trust worthy person I can do business with and by the recommendations I must not hesitate to confide in you for this simple and sincere business. I am Wumi Abdul; the only Daughter of late Mr and Mrs George Abdul. My father was a very wealthy cocoa merchant in Abidjan,the economic capital of Ivory Coast before he was poisoned to death by his business associates on one of their outing to discus on a business deal. When my mother died on the 21st October 1984, my father took me and my younger brother HASSAN special because we are motherless. Before the death of my father on 30th June 2002 in a private hospital here in Abidjan. He secretly called me on his bedside and told me that he has a sum of $12.500.000 (Twelve Million, five hundred thousand dollars) left in a suspense account in a local Bank here in Abidjan, that he used my name as his first Daughter for the next of kin in deposit of the fund. He also explained to me that it was because of this wealth and some huge amount of money his business associates supposed to balance his from the deal they had that he was poisoned by his business associates, that I should seek for a God fearing foreign partner in a country of my choice where I will transfer this money and use it for investment purpose, (such as real estate management). Sir, we are honourably seeking your assistance in the following ways. 1) To provide a Bank account where this money would be transferred to. 2) To serve as the guardian of this since I am a girl of 26 years. Moreover Sir, we are willing to offer you 15% of the sum as compensation for effort input after the successful transfer of this fund to your designate account overseas. please feel free to contact ,me via this email address wumi1000abdul@yahoo.comAnticipating to hear from you soon. Thanks and God Bless. Best regards. Miss Wumi Abdul PLEASE FOR PRIVATE AND SECURITY REASONS,REPLY ME VIA EMAIL: wumi1000abdul@yahoo.comUnlike esoshit, I can not prove its a scam, so it seems like a fabulous business opportunity for you. Let us all know how it worked out! |
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love how idiots make baseless accusations.
puppet, how about you stfu, shove your comments up your ass, and when you actually have some proof to what you say, then please, please post them.
You wouldnt believe how often I heard that same shit before. Check my posting history, unlike you, Ive been around the block, now find me one single instance where I was wrong. Im not gonna "stfu" just because you dont want me to prevent you from earning a few satoshi by duping others. Besides, the proof is there for all to see. Aside from the obvious and obviously unprovable ponzi attempt, there is no discussion they are selling unregistered investment contracts to unsophisticated investors.. That makes them scammers by definition (not that I believe running an online lottery from NJ is legal if you are not a registered casino). |
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They are indeed amateur scammers, but that doesnt change the fact they are scammers.
If you truly believe they traded "something" for 2 months and never made a loss any single day, then I have a cloud hashing contract to sell to you.
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He needs to create plenty new accounts to get rid of the negative trust and to rig the poll.
Doesnt look very good at the top of your own thread when the poll show only 10% of voters believe you are honest, and 100% of those are the operators / referral cockroaches.
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180 GH per what ? Per chip, per board, per device, per U or per rack ?
Its a totally meaningless metric.
Of course its obvious the network is shifting away from individuals towards mega mines. The reason for that is equally obvious: economies of scale. Access to cheap bulk electricity, cheap hardware (at cost for self-mining companies like KnC, Antminer, Bitfury, AM, ..) and far lower logistics overhead. Not too mention the cost of sales, sales support etc.. Those things didnt matter all that much when gross margins where 4 or 5 digit percentages, but they begin to matter now.
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Ok, I stand partially corrected. Divs are not "a few dozen satoshi" as I predicted 2014-11-05 2014-11-05 0.00000010 Its not even one dozen ROFL. |
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Hey good to see you have something to laugh about! Here is the cruel truth though: if you quote the entire context, you will see that 1) The lowering of fees was also predicted by me long before the fact or before your out of context quote: And yes, within a month or two, he will drop those fees; otherwise dividends would end up being negative, prompting a sale of his farm and ending his hosting fee revenue. So most likely you will see him come up with some excuse as to why he can suddenly reduce the fees and keep paying a few dozen satoshi's in divs until there is barely any resale value in the hardware. So after losing their shirt, pants and socks, 'unit' holders lose their underwear too.
I strongly suspect cryptx has no interest to liquidate his mine already, he'll probably lower his fees to some point marginally below mining revenue and drag this out for as long as he can. 2) You are far worse off because of it. Keep laughing and collecting those dividends though. You must have made a killer profit on this. |
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You are assuming he can dump the hardware. Im assuming he can't, otherwise he already would have. Remember, he sold much (all?) of his bitmine and cointerra gear that used to be hosted in his datacenter in Brussels. In july he announced a deal with bitfury who is hosting his mine now in the republic of Georgia. Did he buy the machines, or is he leasing them? And what sort of contract did he sign for the hosting? Considering the datacenter was basically built for cryptx and digitalbtc, its highly unlikely he can just cancel the contract after a few months. So even if he owns the hardware, he is almost certainly stuck there until next July. And therefore, so are petamine bagholders.
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You dont need a PR guy to publish financial statements. Or if you do need one, its probably not good news.
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Seems even Crino has given up  Here, let me help: 2014-11-04 2014-11-04 0.00000043 A day or two before the next 10% difficulty jump hits home. "keep calm & collect dividends!" |
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Thats a nonsensical argument, as it would apply to *any* non synthetic ETF.
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I know he's gone missing a few times only to return (much) later to release escrows.
I dont know if he ended up running away with any, but Id assume he didnt. At least not that I know off. Point remains though.
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Most of the people who were once most trusted here turned scammers later. Pirate, Hashking, Patrick Harnett,... im not even sure about John K, he's gone missing a few times and hasnt posted since April.
So to me its clear, there is only one person that I trust on this forum, and thats ME.
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The Winkelvoss EFT is a dump. They bought a lot of Bitcoins, enough that if they sold them on any Bitcoin exchange, they'd crash the price. Now they want out. The EFT is a way for them to sell their Bitcoins, hopefully without crashing the market. The ETF has been in the works for a very long time. Since at least April 2013. The price today is a tad higher than it was back then, and probably significantly higher than it was when they acquired their stash. This isnt about them wanting out, this has been the plan all along. I can only see this as a (very) positive indicator. It will allow many investors to invest in bitcoin in a way that wasnt possible until now. I know plenty of people with money that would be interested to invest some of it in bitcoin in a way that doesnt require them to know anything about bitcoin or securing their PCs/wallets. Ive been recommending many of them not to buy bitcoins because they are so computer illiterate, it can only end badly. This ETF would give them a way to just call their broker and instruct him to invest a few 10K's in BTC with no risk other than the volatility. |
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peta will most likely be taken over by hosting fee soon
Soon as in a 20 hours. Next difficulty (+10%) would put the theoretical div in the single digit satoshi range at todays BTC value. If you include fuzzy peta math, its gonna be well below zero. Math fail. in theory it should still be ~200 satoshi after tomorrow. BUt then in theory average should be >300 today, and it isnt. Not that anyone cares anymore, peta shareholders all seem to have long written off their investment as a total loss, they have vanished or they killed themselves. |
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So they have claimed to have had a 45nm chip (see my earlier forum link), a 20nm (your link) and now a 16nm (techcrunch). Yet I've not seen any evidence any of these machines exist at all, color me skeptical for now.
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