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Brob12321
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January 18, 2016, 03:13:36 AM |
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How many threads about the same thing can there possibly be I have counted 5 so far just in the investor based games section lol
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Everybitbit
Full Member
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Activity: 224
Merit: 100
☆☆☆☆☆☆☆
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January 18, 2016, 03:20:26 AM |
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if it scam, its a scammed.. then why need he to act like that not his fault, its like government fault  he even want to fix ore-mine  and regret what happened.. but for me, he scared his life threatening by some people here, thats why he act like not his fault and act dont have intention to scam people. well after new year mines promotion im sure alot of people bought that mines, and he become greedy so its scam...  |
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knightlife999
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January 18, 2016, 06:54:29 AM |
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I think they had a trading loss at some point before the December 45% off sale. They're profit margin was very tight, so a loss of 22% would have basically made them have to work for free or at a loss. They had the sale to raise money to trade their way out of the loss. When the sales went so well, they likely decided that a bigger "New Year Mines" sale would put them over the top and give them the funds to easily trade back all of the losses.
They may have been on the wrong side of the market again when BTC began to dump on 1/11. That is when payments stopped getting executed. They may have lost more than 22% due to the possible 2nd loss. At that point they had to divert all available fund to their trading account. They could not spare any funds for customer withdrawals. They knew that they could not afford for customers to continue accruing BTC while they were trying to rebuild what was lost. They came up with the "government froze our accounts/servers" story. When people started to question, it made them nervous. They chose to post the liberty reserve site seizure image to try to back up the story of the government shut down. When EcuaMobi figured out that it was a ruse and posted the info, they shut everything down including the forum thread.
They may come back or may not. I have a strong feeling that they will come back. Part of why I think that is because of their 1.5 year history and the fact that Sector continued to post updates to us in the thread. If it was a complete scam, why not just disappear? Why try to save his reputation? He is basically anonymous, so why tell the elaborate story about the servers, hosting, and government seizure to buy time? I think they lied to us about what happened, but they are trying to fix the problems. We'll have to wait and see what happens...
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mexxer-2
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January 18, 2016, 06:59:01 AM |
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Part of why I think that is because of their 1.5 year history and the fact that Sector continued to post updates to us in the thread.
Big scams always have big seeding money, they can afford the losses at the start If it was a complete scam, why not just disappear? Why try to save his reputation?
To make an excuse? Some people do and will take legal actions if they're not stupid. He is basically anonymous
Don't tell me you still believe that Just to give you some examples that did the same : https://bitcointalk.org/index.php?topic=1326821.msg13542264#msg13542264 , every one of the cloudmining scams. |
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knightlife999
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January 18, 2016, 07:20:12 AM |
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Thanks mexxer. I've been in crypto since 2012. Seen tons of scams and been taken by a few over the years. Not all operations that look shady are scams. Some of the most polished and professional operations turn out to be scams. BFL or Hashfast for instance. Some are started with good intentions and through bad management become scams (like LTCgear). I'm on the fence about ore-mine. A good trader can use other people's money to make a fortune. It is not hard if you are a professional. I know people think that if he was a trader, why run this operation. Simple. The more trading margin you have, the more money you make. Why not "borrow" some people's BTC, give them a faucet payment, and trade all of the money into a fortune. It can be done. I used to manage people's money and trade in the forex markets. It was highly lucrative. I could see them doing this. Sector even stated that their primary income was from trading. Well, this is all conjecture. At present, they are shutdown and they have everyone's money. It's a bad situation no matter what the story is.
We'll have to see what happens. I used to be a cop and I have seen many scams up close. I have a gut feeling that Sector will be back. Currently, it's just a hunch, so we'll have to see.
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nickaizoku
Sr. Member
Offline
Activity: 308
Merit: 250
❃ CyberNick ❃
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January 18, 2016, 07:40:01 AM |
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ive invested with ore-mine and its a shame its now scam.. even i never reached my initial deposit yet.. what more shame, that sector said the site is closing because of government i dont believe that. anyway i expect this happen when they sell a new mines for new year.. too good to be true.. |
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lenoli
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January 18, 2016, 08:06:35 AM |
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its very pity, that sites like ore-mines becomes scam. i liked this site very much. when they create new year mines, i was thinking that something was happening, but hoping i was incorrect. in spite of this i am glad, that this site was working, i get big profit from them
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powerslave87
Newbie
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Activity: 12
Merit: 0
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January 18, 2016, 02:33:10 PM |
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its very pity, that sites like ore-mines becomes scam. i liked this site very much. when they create new year mines, i was thinking that something was happening, but hoping i was incorrect. in spite of this i am glad, that this site was working, i get big profit from them
yeah, me too .. i love this site .join in may 2015. im almost reach my ROI. some of my mine have reach ROI. and my plan in next march all my invested money reach ROI and i have 6 lv 6 mine.. a little hope of my life if ore can revive again and they server is more stronger to exist in long time. i ready to take any risk. if ore disappear forever.. im ready.. if sector a gentleman he will do everything to pay the investor trust. by the way. thank you ore-mine.org |
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lenoli
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January 19, 2016, 08:13:49 AM |
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its very pity, that sites like ore-mines becomes scam. i liked this site very much. when they create new year mines, i was thinking that something was happening, but hoping i was incorrect. in spite of this i am glad, that this site was working, i get big profit from them
yeah, me too .. i love this site .join in may 2015. im almost reach my ROI. some of my mine have reach ROI. and my plan in next march all my invested money reach ROI and i have 6 lv 6 mine.. a little hope of my life if ore can revive again and they server is more stronger to exist in long time. i ready to take any risk. if ore disappear forever.. im ready.. if sector a gentleman he will do everything to pay the investor trust. by the way. thank you ore-mine.org they scamed so badly, that i dont think, anyone will trust them more, if they revive. they have taken very much BTC from new year mine. |
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antiuser1
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January 19, 2016, 10:54:12 AM |
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I lost money on Bitfactory and on Ore-mine. A lot of money (>1BTC). But I am in the gambling-section here. I always knew that it is risky. The funny thing is, my winnings on doublebot during the same time more than covered those losses. Maybe that is the reason why I manage to stay calm in that situation. If you are going for high risk/high profit investments, my advice is to spread the money and more important: Do not invest anything that you can not afford to loose!
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Lutzow
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January 19, 2016, 11:03:18 AM |
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its very pity, that sites like ore-mines becomes scam. i liked this site very much. when they create new year mines, i was thinking that something was happening, but hoping i was incorrect. in spite of this i am glad, that this site was working, i get big profit from them
yeah, me too .. i love this site .join in may 2015. im almost reach my ROI. some of my mine have reach ROI. and my plan in next march all my invested money reach ROI and i have 6 lv 6 mine.. a little hope of my life if ore can revive again and they server is more stronger to exist in long time. i ready to take any risk. if ore disappear forever.. im ready.. if sector a gentleman he will do everything to pay the investor trust. by the way. thank you ore-mine.org they scamed so badly, that i dont think, anyone will trust them more, if they revive. they have taken very much BTC from new year mine. That is one of the reasons why I didn't avail their yearend sale, it's an obvious play from the textbook of runners. Sad though that they're already gone, I started last February 2015 bummer. |
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UnknownUsername
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January 19, 2016, 11:45:46 AM |
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I lost money on Bitfactory and on Ore-mine. A lot of money (>1BTC). But I am in the gambling-section here. I always knew that it is risky. The funny thing is, my winnings on doublebot during the same time more than covered those losses. Maybe that is the reason why I manage to stay calm in that situation. If you are going for high risk/high profit investments, my advice is to spread the money and more important: Do not invest anything that you can not afford to loose!
Dude, ore-mine isn't even a high profit. C'mon 6 mos. ROI? only stupid people played the game and they deserve to lose their money, Fools will be fools. |
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onlinedragon
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January 20, 2016, 02:09:32 AM |
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I lost money on Bitfactory and on Ore-mine. A lot of money (>1BTC). But I am in the gambling-section here. I always knew that it is risky. The funny thing is, my winnings on doublebot during the same time more than covered those losses. Maybe that is the reason why I manage to stay calm in that situation. If you are going for high risk/high profit investments, my advice is to spread the money and more important: Do not invest anything that you can not afford to loose!
Dude, ore-mine isn't even a high profit. C'mon 6 mos. ROI? only stupid people played the game and they deserve to lose their money, Fools will be fools. Deserves a stupid man than to be robbed by a criminal. Pure theft happening here he deserve jail. |
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james.lent
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January 20, 2016, 04:27:36 AM |
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0re mine never had anything in cryptsy  |
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assloua
Sr. Member
Offline
Activity: 397
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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January 20, 2016, 04:44:21 AM |
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0re mine never had anything in cryptsy how do you know? Sector stated they had ~22% of out money in there |
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james.lent
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January 20, 2016, 05:20:22 AM |
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0re mine never had anything in cryptsy how do you know? Sector stated they had ~22% of out money in there sector also stated that his program will continue paying for years to come .. now what happened to that  |
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Lutzow
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January 20, 2016, 07:57:16 AM |
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Well, does this site sounds familiar? http://Bitmines.orgDifferent concept than ore-mines but actually it is more of a coin doubler. I guess the admin, like that of ore-mine loves mining. Not saying though that they're the same, you be the judge. |
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antiuser1
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January 20, 2016, 08:42:14 AM |
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This is clearly a Ponzi game, which is not the same as a ponzi scam. The point is, the site clearly states that you will get paid by further investments. They don't pretend to run any business or bitcoin mining in the background. At some point people might not invest anymore, the last ones therefore loose their money. That is why it is called gambling. |
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wykt8ry
Newbie
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Activity: 4
Merit: 0
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January 20, 2016, 03:49:30 PM |
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This is clearly a Ponzi game, which is not the same as a ponzi scam. The point is, the site clearly states that you will get paid by further investments. They don't pretend to run any business or bitcoin mining in the background. At some point people might not invest anymore, the last ones therefore loose their money. That is why it is called gambling. everything is a bet, because we don't know the future for sure.. Why cry a lot for a few coins... Everything is a scam, either; it's a system build over another system; all of them are artificial constructions, created from ideas with a lot of imagination in there... Can you stay secure 100% about all the things that you deal in daily bases? |
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