PB Mining -- 5 year mining contracts!

[galdur]

Hey Puppet, that thing with the BCT ponzi warning that
you like so much, where in the third world does it trade
again? Africa ? Central America ?

I dont even know what BCT stands for.

So, you´ve never before seen the abbreviation for bitcointalk.

You know; this forum thingy we´re in. Ring a bell ?

[galdur]

So Puppet, about the only thing that you declare
to be 100% ponzi-free trades in a garbage bin that
is located in Panama I think or some other third world
basket case safely out of reach of securities regulators.

And the thread of this thing, where you are making another
of your bets BTW, has a warning from Bitcointalk about
ponzi scam. 

[coinmaster222]

I have no skin in this game I would hold your other key really like to know how this pans out

[Puppet]

So Puppet, about the only thing that you declare
to be 100% ponzi-free trades in a garbage bin that
is located in Panama I think or some other third world
basket case safely out of reach of securities regulators.

You cant even tell in what country or what hemisphere half the ponzi's that you are promoting are located.
As for havelock, maybe you should try reading what I write, and you'll find that
1) I dont declare anything "100% ponzi free". I am not vouching for any investment, I am merely applying a set of criteria.
2) I do not vouch for havelock and in fact, Im pretty sure they are breaking laws and I have argued that long before you arrived here . However, that shouldnt have an important impact on the shareholders if the issuers are trusted. As illustration, neither AM nor Cryptx started on havelock, both IPO'd on exchanges that have long vanished (long after I predicted they would be closed by authorities, I might add). Its not very likely these shares will end on havelock either, but thats not going to be a bigger problem than the closure of glbse or btcst was.

And the thread of this thing, where you are making another
of your bets BTW, has a warning from Bitcointalk about
ponzi scam.  

Yeah? So? I have no idea what you are saying, but I dont care either, I think Ive wasted enough time on you, on ignore you go.

[galdur]

Doggieman was also pushing this same thing that trades
in a garbage bin in Panama and whose thread has a
warning from Bitcointalk about Ponzi scams. 

[hashie]

galdur stop concern trolling our thread just because we sell AMHash.

We all know PBMining is a ponzi, it's physically impossible to offer cloud mining at this price without maintenance fees. Even with the most efficient miners and the cheapest electricity, you cannot power and host a miner for even a single year at 0.0014 BTC per GH. Not to take account the cost of miners themselves..

-Sahra

[galdur]

galdur stop concern trolling our thread just because we sell AMHash.

We all know PBMining is a ponzi, it's physically impossible to offer cloud mining at this price without maintenance fees. Even with the most efficient miners and the cheapest electricity, you cannot power and host a miner for even a single year at 0.0014 BTC per GH. Not to take account the cost of miners themselves..

-Sahra

Well, I doubt that you´re a very reliable authority on these things.

And since that AMASH thing carries a ponzi scam warning from BCT
I think I´m in full right to enquire.

[n2004al]

galdur stop concern trolling our thread just because we sell AMHash.

We all know PBMining is a ponzi, it's physically impossible to offer cloud mining at this price without maintenance fees. Even with the most efficient miners and the cheapest electricity, you cannot power and host a miner for even a single year at 0.0014 BTC per GH. Not to take account the cost of miners themselves..

-Sahra

Are you sure about those things? Who do you think you are? God save save us from the delirious....

[coinmaster222]

Sahra your right its impossible but some people cannot work out basic maths,and I see in one post on here they admitted to selling hash they dont have but will get later.Now if that is not a Ponzi what is

[galdur]

Sahra your right its impossible but some people cannot work out basic maths,and I see in one post on here they admitted to selling hash they dont have but will get later.Now if that is not a Ponzi what is

Well, this is totally devoid of any content.

Maybe you could provide some evidence,
put your finger on the argument that sort
of thing.

[coinmaster222]

What argument its really impossible for the company make money at those prices and I would be unsure of a mining outfit that sells hash it dont have just paying out of there pockets the returns.I am not getting into any argument with you about it, but the whole thing smells to me and they wont see one penny of my money.In 2 years of being involved with btc I have never been scammed and I dont intend to now.I will say best of luck to the company and the fools who give them money.

[RocketSingh]

Sahra your right its impossible but some people cannot work out basic maths,and I see in one post on here they admitted to selling hash they dont have but will get later.Now if that is not a Ponzi what is

What are u talking about ? Hashie admitted that they do the same !!! What's the problem if PB does it ?

4) It makes more sense for us to sell hashpower (even if it exceeds our capacity), and acquire the hardware later. This is in our terms and conditions by the way.

-Sahra

Hashie are selling you hashing power that they don't even have. Direct from the horse's mouth.

Did Sahra mean that ?

If you purchase more hashpower than we have available, we'll still sell you the hashpower and acquire the hardware later. We're prepared to cover the payouts in between. This isn't any sort of a secret (it's in our terms, and we openly mention this in sales responses), and it's done by pretty much every cloud mining company.

-snip-

[coinmaster222]

Its a problem any company doing it.If I mention a company I am not promoting it just merely mentioning it.At CEX,io my money is backed up by the hash they have,I can sell it on the exchange for usd or btc.With hashprofit I can sell it for profit coins and on the exchange sell for usd.Now if a company dont have the hash whats my money backed up by promises and fresh air.I received an email from hashprofit yesterday saying they will run out of hash in spring 2015 but will have new data centres up and running by then.This selling hash you dont have means your totally underfunded and cant build a new data centre or its management had no contigency plans set in place for this happening in the first place. Both dont bode well

[galdur]

What argument its really impossible for the company make money at those prices and I would be unsure of a mining outfit that sells hash it dont have just paying out of there pockets the returns.I am not getting into any argument with you about it, but the whole thing smells to me and they wont see one penny of my money.In 2 years of being involved with btc I have never been scammed and I dont intend to now.I will say best of luck to the company and the fools who give them money.

How do you know what´s possible and impossible ?

Do you have the books of these companies  ?

Access to their electricity bill ?

What exactly do you you know about them ?

[PilotofBTC]

Not saying PB Mining is a ponzi though I do lean in that direction,but I find most things puppet says is true and as for it not being his btc,it might not be but btc is never going to be accepted mainstream if it keeps getting linked with ponzi schemes and scams.More people here should out the possible  scammers and ponzi schemes at least let the forum discuss them and share experiences.

Yes, because no one scams people out of Fiat...



...oh wait.

[coinmaster222]

Told you not getting into an argument merely gave an opinion.I dont invest in them though I do in cloud mining over 4 terra with one company alone and 3 with another but not one cent is with a company that sells hash it does not have or is not on a sound financial footing with good management.So no disrespect please go and annoy someone else.

[galdur]

Told you not getting into an argument merely gave an opinion.I dont invest in them though I do in cloud mining over 4 terra with one company alone and 3 with another but not one cent is with a company that sells hash it does not have or is not on a sound financial footing with good management.So no disrespect please go and annoy someone else.

Maybe you can offer some content somewhere else.

Clearly you are unable to do so here.

[raskul]

Told you not getting into an argument merely gave an opinion.I dont invest in them though I do in cloud mining over 4 terra with one company alone and 3 with another but not one cent is with a company that sells hash it does not have or is not on a sound financial footing with good management.So no disrespect please go and annoy someone else.

good thing too, i think that's normally called 'doing due diligence' for those who are simply here to sling personal abuse.
I've done my due diligence with PBMining and have concluded that there is nothing worth buying here.

[miner454]

I got asked those same questions when I warned people not to invest in various usagi schemes. People who didnt listen lost  ~100%
Patrick Harnett starfish/kraken ponzi. People who didnt listen lost  ~100%
Pirate. People who didnt listen lost  up to 100%
cryptx  (my supposed 'darling'). People who didnt listen lost  ~80%
Then there was Labcoin, BT Trader, AMT,

So you're like the Guardian of BTCs...a superhero.  Should we call you superman, btcman, super btcman?

Nope, but it is the value of my BTC thats constantly being degraded by these scams that strongly associate bitcoin with scams and put pressure to increase regulation and enforcement. So yeah, you are messing with my wallet.

Besides that, Ive been in to bitcoin since quite a long time, and have yet to lose a satoshi to scams, so I did quite well for myself. I can afford to spend some time informing bitcoin newbies. Its a free world you said, so Im allowed am I not?

Wow. You must have a trillion BTCs?  BTC is no longer a free currency because you dictate how people use them.

What's your proof of BTCs being degraded or is this all mere invention in your head?
Do you feel that you are the founder of BTC because you first read about bitcoin in wikipedia a decade ago?  Is this why you feel so righteous?

[n2004al]

I got asked those same questions when I warned people not to invest in various usagi schemes. People who didnt listen lost  ~100%
Patrick Harnett starfish/kraken ponzi. People who didnt listen lost  ~100%
Pirate. People who didnt listen lost  up to 100%
cryptx  (my supposed 'darling'). People who didnt listen lost  ~80%
Then there was Labcoin, BT Trader, AMT,

So you're like the Guardian of BTCs...a superhero.  Should we call you superman, btcman, super btcman?

Nope, but it is the value of my BTC thats constantly being degraded by these scams that strongly associate bitcoin with scams and put pressure to increase regulation and enforcement. So yeah, you are messing with my wallet.

Besides that, Ive been in to bitcoin since quite a long time, and have yet to lose a satoshi to scams, so I did quite well for myself. I can afford to spend some time informing bitcoin newbies. Its a free world you said, so Im allowed am I not?

Wow. You must have a trillion BTCs?  BTC is no longer a free currency because you dictate how people use them.

What's your proof of BTCs being degraded or is this all mere invention in your head?
Do you feel that you are the founder of BTC because you first read about bitcoin in wikipedia a decade ago?  Is this why you feel so righteous?

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