Bitcoin Forum
October 17, 2018, 07:46:19 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: Deep concerns regarding OGNasty and NastyScams...  (Read 400 times)
TMAN
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1169



View Profile
February 22, 2018, 08:45:42 PM
 #21

Ignore the two other points as always. Just proves how slippery you are OG.. not doing yourself any favours here.. people are watching and commenting.. it's not just me any more

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀


The Avatar:
1539805579
Hero Member
*
Offline Offline

Posts: 1539805579

View Profile Personal Message (Offline)

Ignore
1539805579
Reply with quote  #2

1539805579
Report to moderator
1539805579
Hero Member
*
Offline Offline

Posts: 1539805579

View Profile Personal Message (Offline)

Ignore
1539805579
Reply with quote  #2

1539805579
Report to moderator
1539805579
Hero Member
*
Offline Offline

Posts: 1539805579

View Profile Personal Message (Offline)

Ignore
1539805579
Reply with quote  #2

1539805579
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
MadZ
Hero Member
*****
Offline Offline

Activity: 823
Merit: 581


View Profile
February 22, 2018, 09:44:47 PM
Merited by eddie13 (2)
 #22

Being unprofitable does not make something a scam. It is up to investors to do their due diligence when choosing to invest, and, in my opinion, OG is relatively transparent on what is being offered. As far as I am aware, NastyFans primarily source of "donations" is the mining operations. It should be obvious to anyone that if you invest in mining hardware using Bitcoin, your investment will depreciate if Bitcoin's price increases, as your BTC is essentially being converted to USD at the point mining hardware is initially purchased. BTC's price has skyrocketed in the past few months, of course shares will perform poorly when denominated in BTC because of this. However, I didn't see anyone complaining when seat prices increased by 3 times in 2015, thanks to Bitcoin's depreciation. In addition to this, mining hardware inevitably becomes obsolete over time as the mining difficulty increases. None of this should be a surprise to anyone, and it certainly doesn't make OG a scammer just because people are unable to make these logical conclusions.

Just my 2 cents on the matter. I believe my position is relatively unbiased on this, as you can see from my quote in the OP.

Selling something as a bitcoin investment which the seller knows will depreciate against bitcoin is a scam to me fella. Interested to hear others thoughts

The thing is there is no way to know whether shares will appreciate or depreciate relative to BTC. You are going off the assumption that BTC's price will always rise, because it just so happens it has for the past year plus. This is not necessarily always the case. Share price is determined by the total value of assets (mining equipment) plus retained earnings (mining revenue) divided by the total number of shares. This means that the majority of the enterprise's value (mining hardware) is pegged to USD. Therefore, whenever BTC goes up, share prices will drop, and vice versa. I'm sorry OG isn't offering 1% daily return like some other forumers do, but that's just the price of doing business with legitimate people. Sometimes investments don't work out. It's also important to note that all measurements are relative to your benchmark. In terms of USD, shares have increased by 10x since the initial sale, which isn't too bad Smiley

Disclaimer: I have no financial investment in NastyFans. Personally, I think investing in mining isn't a good idea, but that's irrelevant. I just think it's bullshit that OG is being called a scammer when there are so many other enterprises on these forums that have actually scammed people over the years.
TwitchySeal
Hero Member
*****
Offline Offline

Activity: 826
Merit: 570



View Profile
February 22, 2018, 10:22:46 PM
 #23

Got tagged by OGNasty recently



Took screenshot and bumped thread from 6 years ago where he literally told people they should invest in Bitcoin Savings and Trust (maybe the biggest Bitcoin ponzi scheme of all time?)



One minute and five seconds later, he edited the post.  About three minutes later he locked the thread.

More details:
https://bitcointalk.org/index.php?topic=2214058.msg30861596#msg30861596

TMAN
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1169



View Profile
February 27, 2018, 02:57:44 PM
 #24

https://bitcointalk.org/index.php?topic=2214058.msg31163876#msg31163876

so even more developments in the "OG" case - QS of course coming to the rescue as always. I would as well if I had dropped 5BTC into the investment I guess.


.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀


The Avatar:
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!