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Author Topic: hashflare cloud mining can i invest in it ?  (Read 366 times)
buyandsale (OP)
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February 14, 2018, 06:44:51 PM
 #1

Me planning to invest 1k $ like getting rent of cloud mining of 5gh in hashflare.io website service does anyone has good experience with it ...

plz suggest can i trust them ? im planning for 1 year plan

or is there any best way to invest 1k $ worth btc anywhere without trading cause me dont know anything about trading so dont suggest it ...


waiting for best suggestion !
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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February 14, 2018, 06:50:26 PM
 #2

Just buy Bitcoin and hold it. No counterparty risk and you don't end up paying for the profits of somebody else. By the way, 5 GH is nothing when it comes to Bitcoin, a $2000 ASIC miner will get you 13000 GH.
buyandsale (OP)
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February 15, 2018, 06:11:33 PM
 #3

i have one big offer .. on of a guy selling his hashflar account with 82 th for 1 btc can i buy it will it be profitable ?  im planning to buy it he is ready for escro
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February 15, 2018, 06:20:53 PM
 #4

i have one big offer .. on of a guy selling his hashflar account with 82 th for 1 btc can i buy it will it be profitable ?  im planning to buy it he is ready for escro

do not buy, you must hold your bitcoin in a few months you will have good returns than you buy this account and after months you will not have a return and still run the risk of not receiving your earnings... cloud mining are very risky, This is because you do not know if they can or not collapse at any time.

Be wiser, do not buy hashflare account, hold your bitcoin you will have more profit and more security

5 GH is nothing when it comes to Bitcoin, a $2000 ASIC miner will get you 13000 GH.

OP needs to do more research

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BTCMILLIONAIRE
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February 15, 2018, 06:33:54 PM
Merited by drachman (1)
 #5

i have one big offer .. on of a guy selling his hashflar account with 82 th for 1 btc can i buy it will it be profitable ?  im planning to buy it he is ready for escro
Here is the best piece of financial advice that I could ever give anybody.

Do not trust anyone with your money. If you ask on this forum about how to use your money somebody will try to gain your trust and then scam you. Do your own research. If there are things that you can not find no matter how hard you search you can come and ask general questions. But don't ever show people that you don't know what you are doing and are trying to invest or spend money.
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February 15, 2018, 06:55:56 PM
 #6

Me planning to invest 1k $ like getting rent of cloud mining of 5gh in hashflare.io website service does anyone has good experience with it ...

plz suggest can i trust them ? im planning for 1 year plan

or is there any best way to invest 1k $ worth btc anywhere without trading cause me dont know anything about trading so dont suggest it ...


waiting for best suggestion !
Trading is buying bitcoin in low price and selling it in high, that's all but it's another task who good you will be in it, it needs knowledge, skills and luck together, yes luck, it's one of the most important here too, analytics and math can take you in mistake.
You can invest in hashflare, they will give you it's permission lol 😃 But you may understand that they make better profit then you, I would choose cloud mining where you can sell hashrates anytime.

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seven2smoke1
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February 15, 2018, 11:15:31 PM
 #7

It's too risky to use any cloud mining site even it has a good reputation for now. Personally, I don't believe any cloud mining sites, because they all end up with scam at the end. I said all, but in reality it will be around 99% to do not twist the 1%. I had a very bad experience with them, so I don't advise anyone to put his money there, There is a lot of great fields that you allow you to make a great profit with a low risk, Maybe like trading, or investing (whether long term or short term)
lucianus_luciferus
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February 16, 2018, 04:02:24 PM
 #8

hashflare is not a scam
the fact that it will not be profitable for much longer is a totally different thing
the difficulty is going up and if the bitcoin price keeps low then in won't be profitable to mine with them in a couple of months

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February 16, 2018, 11:55:58 PM
 #9

Me planning to invest 1k $ like getting rent of cloud mining of 5gh in hashflare.io website service does anyone has good experience with it ...

plz suggest can i trust them ? im planning for 1 year plan

or is there any best way to invest 1k $ worth btc anywhere without trading cause me dont know anything about trading so dont suggest it ...


waiting for best suggestion !

Don't invest in Hashflare. If you do, expect:

1. Your contract be reduced in length without your consent
2. Your minimum withdrawal amount being increased by many times, without any notification or written consent from you
3. Pretty much less than 50% chance of you making a profit, even if BTC is going up while your cloud mining contract is active.

These are all things that hashflare has done in the past... So they can definitely do it again, and you're the one that's suffering from this.

Keep the $1k in BTC, if you're going to invest in cloud mining anyways just keep the BTC. You're speculating on BTC price both ways.

Smiley
richardsNY
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February 17, 2018, 12:09:51 AM
Merited by Yuuto (1)
 #10

I once read a post on social media stating that people considering to invest in cloud mining, are better off just using that amount to open a leveraged position. If the price does what you expect it will do, you're booking far better results than cloud mining will ever be able to give you. If you lose, then in the worst case you'll lose your initial investment, where with cloud mining that isn't any different. It's obviously not a recommendation to get involved in leverage trading, but it just shows how bad cloud mining in reality is, and that for very poor potential gains. But looking at the past, people will ignore everything and still go for cloud mining.  Cheesy
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February 18, 2018, 05:08:02 PM
 #11

i have one big offer .. on of a guy selling his hashflar account with 82 th for 1 btc can i buy it will it be profitable ?  im planning to buy it he is ready for escro
Here is the best piece of financial advice that I could ever give anybody.

Do not trust anyone with your money. If you ask on this forum about how to use your money somebody will try to gain your trust and then scam you. Do your own research. If there are things that you can not find no matter how hard you search you can come and ask general questions. But don't ever show people that you don't know what you are doing and are trying to invest or spend money.
This is the truth, no one cares more about your money than you do, and it is simple to know why, no one knows exactly how much effort it took you to earn that money, giving that money to someone else and expect that not only they are going to give you your money back but even more of it is a mistake, if you want to make more money you will have to do it yourself.
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February 18, 2018, 05:51:19 PM
 #12

I once read a post on social media stating that people considering to invest in cloud mining, are better off just using that amount to open a leveraged position. If the price does what you expect it will do, you're booking far better results than cloud mining will ever be able to give you. If you lose, then in the worst case you'll lose your initial investment, where with cloud mining that isn't any different. It's obviously not a recommendation to get involved in leverage trading, but it just shows how bad cloud mining in reality is, and that for very poor potential gains. But looking at the past, people will ignore everything and still go for cloud mining.  Cheesy

Worst merited one for the random post. I do not know why you have written about the trading and all here. Please check the pinned messages on mining section done mprep you will understand how cloud mining are being scam to all their investors.
So you need to invest on GPU mining or ASIC mining make money. If you are looking to make money on the cloud mining platform you are perfect fool.

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richardsNY
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February 18, 2018, 06:36:12 PM
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I once read a post on social media stating that people considering to invest in cloud mining, are better off just using that amount to open a leveraged position. If the price does what you expect it will do, you're booking far better results than cloud mining will ever be able to give you. If you lose, then in the worst case you'll lose your initial investment, where with cloud mining that isn't any different. It's obviously not a recommendation to get involved in leverage trading, but it just shows how bad cloud mining in reality is, and that for very poor potential gains. But looking at the past, people will ignore everything and still go for cloud mining.  Cheesy

Worst merited one for the random post. I do not know why you have written about the trading and all here. Please check the pinned messages on mining section done mprep you will understand how cloud mining are being scam to all their investors.
So you need to invest on GPU mining or ASIC mining make money. If you are looking to make money on the cloud mining platform you are perfect fool.

Quoted for future reference.  Cheesy
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February 18, 2018, 07:00:25 PM
 #14

Well buying hashpower on hashflare is good. All you have to do is buy hashpower and repurchase some of your earnings and it will give a passive income daily but trading is another thing its needs your skills on analyzing about tokens that you want to buy or invest and patient to hold that token, until it reaches to the moon or the other way around to the core of the earth. but if you lucky enough, trading will give you more return than mining on hashflare.

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buyandsale (OP)
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February 20, 2018, 01:36:19 PM
 #15

as me specified before me buyed hashflare account with 82 th/z hash rate ... one of guy sold me his account remaining for more 10 months contract now ... we done escrow and me paid him 0.20 btc total ... and he given me account id and password too and seller said to change hashflare email by contacting them ... now the problem is me dont has full control over account cause me dont has email access of account and hashflare support also not responding or changing my email Sad stuck now ... did i got scammed ... me has seller all details like his address and mobile number ... can i get my money back by any legal way ? or should i wait until hashflare update my email its been 2 days passed me contacted hashflare ...the account seller is on this forum too ... thats seller profile so plz help guys https://bitcointalk.org/index.php?action=profile;u=1760645
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February 20, 2018, 02:20:16 PM
 #16

it might take a week or more for hashflare to respond.
i sent you a pm with what you can do to temporary secure the account

buyandsale (OP)
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February 20, 2018, 02:29:13 PM
 #17

plz check reply for ur pm ..
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February 20, 2018, 03:10:06 PM
 #18

as me specified before me buyed hashflare account with 82 th/z hash rate ... one of guy sold me his account remaining for more 10 months contract now ... we done escrow and me paid him 0.20 btc total ... and he given me account id and password too and seller said to change hashflare email by contacting them ... now the problem is me dont has full control over account cause me dont has email access of account and hashflare support also not responding or changing my email Sad stuck now ... did i got scammed ... me has seller all details like his address and mobile number ... can i get my money back by any legal way ? or should i wait until hashflare update my email its been 2 days passed me contacted hashflare ...the account seller is on this forum too ... thats seller profile so plz help guys https://bitcointalk.org/index.php?action=profile;u=1760645
You are very likely scammed. It's a given rule that you don't buy something that can potentially be recovered by the original seller/owner.

Open a thread in the scam accusations board that can be found here, with the following format given in this thread.


it might take a week or more for hashflare to respond.
i sent you a pm with what you can do to temporary secure the account

plz check reply for ur pm ..

Not sure what you guys are discussing with each other via PM, but don't ever share your account details with someone else. I am not implying that he has any bad intentions, but this is how people usually get scammed, and lose funds as result. It's them abusing people's desperate need for a solution that makes people vulnerable.
buyandsale (OP)
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February 20, 2018, 03:19:33 PM
 #19

opened scam accused thread already thanks for suggestion but i m founding a solution to get back my hardly earn money which is huge ... also offcource me not gonna share my account details which me has ... now just waiting for seller to respond any where or hashflare to change my email ...

and im so pissed me also offering anyone who can help me legal way to bring back my money will pay him 0.01 btc for free ...

crossing figure !
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February 20, 2018, 03:47:54 PM
 #20

Me planning to invest 1k $ like getting rent of cloud mining of 5gh in hashflare.io website service does anyone has good experience with it ...

plz suggest can i trust them ? im planning for 1 year plan

or is there any best way to invest 1k $ worth btc anywhere without trading cause me dont know anything about trading so dont suggest it ...


waiting for best suggestion !
Safe and Trusted? Then don't expect such thing with these kind of investment and even on 1 year duration of contract wont really give you an assurance to make profits and as being suggested above it would be more wiser and profitable if you do just completely buy those amounts directly with bitcoin and hold it up for 1 year.I would presume on having a high chance on making money compared into those cloud mining contracts offer by those companies.

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