rhok666
Newbie
Offline
Activity: 19
Merit: 0
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September 07, 2015, 10:29:43 PM |
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I think the yield seen right now are reflective of the actual amount of mining going on.
What makes you think there is any mining going on? Do you have any evidence for it, or is it purely a guess? I will add some math for you:
Math with your "mining" rewards: MH price 0,00078499 BTC MH reward per day 0,00001344 BTC
If you would run that MH with real hardware by yourself @ LTC network: MH reward per day with real hardware 0,0001493 BTC
So the reward for real hardware is 91% higher than with scrypt.cc's mh. That means the ROI for the scrypt.cc admin is 5,25 days if he is running real hardware. Well, lets say the power costs are 50% of all rewards, then the ROI is 10,51 days
Now tell me, why should the admin not buy the hashrate out of the orderbook?
This is an excellent point, but none of the scam's defenders seem to have even noticed it. What math, it is just numbers thrown out. If you look at current Titan sales they are being sold for around $12/MHs. 0.05 BTC which is actually about 64x what MHS at scrypt.cc costs. Granted those prices are high, but that is what people are paying. You can find a few sales threads on forum.gethashing.com. Seriously Just some numbers thrown out? This is calculated with the actual datas. There is no random value in it I know you have some problems with following them. Just tell me where I'm wrong and we can discuss this. Or do you want to say 1MH/s is not 1MH/s ? Do you want to say that every MH/s in your account is not backed by the hardware equivalent in the scrypt.cc "farm"? You always repeat: proof proof proof, then you get a proof and just ignore it, you don't even try to refute it with logical argumentation.
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ThePhwner
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September 07, 2015, 10:31:25 PM |
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Hey I can post orders like that from almost every exchange that exists. Too funny! Just for the people that don't get it, buy order means that is something a customer put up, not something the site put up!
You've missed the point entirely and dismissed mathematics around the rewards at Scamzi as just numbers. How about you quit being a child, face some facts, and start over? I can guarantee Hashnest would not allow a 300 Ph/s buy order in their orderbook. The fact that this scam site does should be yet another giant red flag. And while we're at it, don't send me any more pointless PMs.
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dyask
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September 07, 2015, 10:36:52 PM |
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We seem to be forgetting something: I really like you before you starting trolling so much! You can call it anything you want, that doesn't bother me much. What does bother me is an attempt to paint a scam as something legitimate. What's in it for you? Do you enjoy seeing people lose money? You're a gambler by your own admission. You should know by now that this kind of gambling (masquerading as an "investment" and playing by unpublished rules) is deceptive and dangerous, why do you keep defending it? Promote a legitimate casino if you must, help support the real Bitcoin economy. 1) Yelling at people almost every page is a classic trolling technique. You used to be much more mature, what happened to you? 2) I'm not painting anything legitimate. I pointed out repeatedly that I believe fractional mining is going-on. I didn't use that term here because I felt most people wouldn't understand it. (Selling 500 GHs and for real mining of ~100GHs is fractional mining) 3) All crypto-mining is a form of gambling. I'm not sure how a dice game promotes the bitcoin economy, that seems to be a pretty lame point. This could be large discussion itself. But every form of mining is placing bets on what is going to happen. Odds and stakes vary. 4) (Cross-over point) You need to get a clue about order books. Look at Hashnest they have tons of buy orders on the books like that. Does that mean they are engaged in fractional mining? The current situation at scrypt.cc is toxic. I'm not recommending it or promoting that people go there. Trying to figure out what is really going on isn't doing that. I do have BTC tied up there that I would like to recover. I'm far from the only person in that boat. For the record, I have far, far more tied up in LTCgear, which many of you really promoted in the past. For that I've joined a lawsuit to try and recover some.
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rhok666
Newbie
Offline
Activity: 19
Merit: 0
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September 07, 2015, 10:40:10 PM |
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That's a buy order. You DUMBASS. Shows how you spammers make retard claims and believe their true LOL.
OK DUMBASS, why would the engine allow that buy order to exist in the first place? Unlimited KHS/MHS in the trading engine? Obviously it's a buy order but guess what if you go to Hashnest and try to buy 300 Ph/s worth of shares, IT WON'T LET YOU. Fancy that. Their orderbook limits you to buying what's available on their marketplace. Any explanations for this, or shall we add it to the list of things you make up and can't substantiate? Well, if you have enough cash you can go to an exchange and set a buy order for 20 million bitcoins. Why should someone stop you? If there are not enough bitcoins in existence, it won't be processed in full or at all (if it can't be processed partially) There are enough other good proofs, this one not.
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dyask
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September 07, 2015, 10:42:32 PM Last edit: September 07, 2015, 10:57:41 PM by dyask |
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That's a buy order. You DUMBASS. Shows how you spammers make retard claims and believe their true LOL.
OK DUMBASS, why would the engine allow that buy order to exist in the first place? Unlimited KHS/MHS in the trading engine? Obviously it's a buy order but guess what if you go to Hashnest and try to buy 300 Ph/s worth of shares, IT WON'T LET YOU. Fancy that. Their orderbook limits you to buying what's available on their marketplace. Any explanations for this, or shall we add it to the list of things you make up and can't substantiate? That happens on almost every exchange in existence. If you have enough BTC in your wallet at hashnest, you can put in an order at hashnest for as much hashing as you want. You point is completely incorrect. From the bottom of the current S5 order book at Hashnest. (Buy orders) PRICE AMOUNT BTC cost Bid(227) 0.00000006 10000 Ǥ 0.00060000 Bid(228) 0.00000005 1000 Ǥ 0.00005000 Bid(229) 0.00000004 1000000 Ǥ 0.04000000 Bid(230) 0.00000003 1000000 Ǥ 0.03000000 Bid(231) 0.00000002 100000 Ǥ 0.00200000 Bid(232) 0.00000001 10001000 Ǥ 0.10001000
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ThePhwner
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September 07, 2015, 10:58:13 PM |
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Point made and congratulations on distracting EVERYONE for pages with your boner for the 6 Th/s claim. Now how does that change the fact that there's no proof of mining whatsoever, and that this is a giant scam? Ok, you got me on this particular point. One out of too many to count, because you're cowering in a corner, in denial that your scam is a scam, and grasping at straws. See my earlier post with the list of evidence and when you're ready to refute all of it, sack up and come back to the table.
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dyask
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September 07, 2015, 11:15:00 PM |
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Point made and congratulations on distracting EVERYONE for pages with your boner for the 6 Th/s claim. Now how does that change the fact that there's no proof of mining whatsoever, and that this is a giant scam? Ok, you got me on this particular point. One out of too many to count, because you're cowering in a corner, in denial that your scam is a scam, and grasping at straws. See my earlier post with the list of evidence and when you're ready to refute all of it, sack up and come back to the table.
Trying to be objective isn't cowering in a corner. I have a long history with scrypt.cc, so what I consider proof of mining is different that what a lot of people want. The scrypt.cc Admin stated he won't provide proof of mining anymore. That doesn't prove that mining doesn't exit and personally I believe the site is involved in fractional mining. (I'll use the term now since suchmoon brought it out.) Getting back to the 6THs issue. I pointed out something that really weakened your position. I didn't attack you though. In turn you have attacked me and lied about what went on in the past and then threw negative trust on me for something crazy. You took a discussion about BTCarbs and twisted it into something it never was. That is over a year old too boot. Who is being the troll?
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ThePhwner
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September 07, 2015, 11:40:01 PM |
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Point made and congratulations on distracting EVERYONE for pages with your boner for the 6 Th/s claim. Now how does that change the fact that there's no proof of mining whatsoever, and that this is a giant scam? Ok, you got me on this particular point. One out of too many to count, because you're cowering in a corner, in denial that your scam is a scam, and grasping at straws. See my earlier post with the list of evidence and when you're ready to refute all of it, sack up and come back to the table.
Trying to be objective isn't cowering in a corner. I have a long history with scrypt.cc, so what I consider proof of mining is different that what a lot of people want. The scrypt.cc Admin stated he won't provide proof of mining anymore. That doesn't prove that mining doesn't exit and personally I believe the site is involved in fractional mining. (I'll use the term now since suchmoon brought it out.) Getting back to the 6THs issue. I pointed out something that really weakened your position. I didn't attack you though. In turn you have attacked me and lied about what went on in the past and then threw negative trust on me for something crazy. You took a discussion about BTCarbs and twisted it into something it never was. That is over a year old too boot. Who is being the troll? You weakened "my position" on the one point that I don't have a mountain of evidence for? This was a proven scam LONG before the MHS conversion... do your homework. And as much as you've now turned this into you vs. me, it's not "my position" that this is a giant scam. As I said, if you can refute any of the other facts in evidence, we'll talk. But your response to my point about you having a woody for the 6 Th/s issue was more blather about 6 Th/s. I've obviously touched a nerve and this negative trust thing appears to be affecting you deeply. 2 PMs on the subject now? If you can prove me wrong on points other than this 6 Th/s, I'll stop posting and delete the negative trust rating. Deal? In case you forgot: https://bitcointalk.org/index.php?topic=444495.msg12325942#msg12325942P.S. - If you're even comparing arbs sites and suggesting alternatives, you're promoting Ponzis. Not a single one of them was ever legit at any point.
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dyask
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September 08, 2015, 12:17:32 AM |
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Point made and congratulations on distracting EVERYONE for pages with your boner for the 6 Th/s claim. Now how does that change the fact that there's no proof of mining whatsoever, and that this is a giant scam? Ok, you got me on this particular point. One out of too many to count, because you're cowering in a corner, in denial that your scam is a scam, and grasping at straws. See my earlier post with the list of evidence and when you're ready to refute all of it, sack up and come back to the table.
Trying to be objective isn't cowering in a corner. I have a long history with scrypt.cc, so what I consider proof of mining is different that what a lot of people want. The scrypt.cc Admin stated he won't provide proof of mining anymore. That doesn't prove that mining doesn't exit and personally I believe the site is involved in fractional mining. (I'll use the term now since suchmoon brought it out.) Getting back to the 6THs issue. I pointed out something that really weakened your position. I didn't attack you though. In turn you have attacked me and lied about what went on in the past and then threw negative trust on me for something crazy. You took a discussion about BTCarbs and twisted it into something it never was. That is over a year old too boot. Who is being the troll? You weakened "my position" on the one point that I don't have a mountain of evidence for? This was a proven scam LONG before the MHS conversion... do your homework. And as much as you've now turned this into you vs. me, it's not "my position" that this is a giant scam. As I said, if you can refute any of the other facts in evidence, we'll talk. But your response to my point about you having a woody for the 6 Th/s issue was more blather about 6 Th/s. I've obviously touched a nerve and this negative trust thing appears to be affecting you deeply. 2 PMs on the subject now? If you can prove me wrong on points other than this 6 Th/s, I'll stop posting and delete the negative trust rating. Deal? In case you forgot: https://bitcointalk.org/index.php?topic=444495.msg12325942#msg12325942P.S. - If you're even comparing arbs sites and suggesting alternatives, you're promoting Ponzis. Not a single one of them was ever legit at any point. Enjoy your negative trust, you deserve it.
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suchmoon
Legendary
Offline
Activity: 3850
Merit: 9090
https://bpip.org
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September 08, 2015, 12:30:22 AM |
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1) Yelling at people almost every page is a classic trolling technique. You used to be much more mature, what happened to you? 2) I'm not painting anything legitimate. I pointed out repeatedly that I believe fractional mining is going-on. I didn't use that term here because I felt most people wouldn't understand it. (Selling 500 GHs and for real mining of ~100GHs is fractional mining) 3) All crypto-mining is a form of gambling. I'm not sure how a dice game promotes the bitcoin economy, that seems to be a pretty lame point. This could be large discussion itself. But every form of mining is placing bets on what is going to happen. Odds and stakes vary. 4) (Cross-over point) You need to get a clue about order books. Look at Hashnest they have tons of buy orders on the books like that. Does that mean they are engaged in fractional mining?
The current situation at scrypt.cc is toxic. I'm not recommending it or promoting that people go there. Trying to figure out what is really going on isn't doing that. I do have BTC tied up there that I would like to recover. I'm far from the only person in that boat.
For the record, I have far, far more tied up in LTCgear, which many of you really promoted in the past. For that I've joined a lawsuit to try and recover some.
1) I'm not yelling at anyone in particular although I can see how the big red letters might hurt the feelings of someone shilling for the scam. That's pretty much the point. 2) You have absolutely no proof of ANY MINING going on. Saying that a straight-up ponzi is doing "fractional mining" or "cloud mining" is an attempt to portray it as legitimate or semi-legitimate, not to mention trying to say that withdrawals work in the face of multiple complaints to the contrary etc. 3) Again you're trying to mush this scam together with "mining". A cloud mining business that passes MINING risks on to the customer is one thing. A ponzi that doesn't even mine, steals customers' funds/hashrate, manipulates its own "market", etc is fraud. If you don't believe that real, provably fair gambling sites provide positive support Bitcoin - that's fine. I just thought that you could support the kind of gambling that has rules. 4) Not sure what you're trying to say. Is that about that screenshot? That has nothing to do with "fractional mining". Nice diversion to LTCGear. Again trying to make it sound like I promoted it? As far as I remember you brought that up on GH and couldn't substantiate it. Post specific user IDs and links to their shilling re LTCGear if you want to make that point. Do that in a separate thread though, maybe in Scam Accusations, as this is moving far off topic. You know I thought ThePhwner jumped the gun with that neg but seeing how you're twisting the reality I'm not so sure anymore.
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dyask
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September 08, 2015, 12:46:36 AM |
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1) Yelling at people almost every page is a classic trolling technique. You used to be much more mature, what happened to you? 2) I'm not painting anything legitimate. I pointed out repeatedly that I believe fractional mining is going-on. I didn't use that term here because I felt most people wouldn't understand it. (Selling 500 GHs and for real mining of ~100GHs is fractional mining) 3) All crypto-mining is a form of gambling. I'm not sure how a dice game promotes the bitcoin economy, that seems to be a pretty lame point. This could be large discussion itself. But every form of mining is placing bets on what is going to happen. Odds and stakes vary. 4) (Cross-over point) You need to get a clue about order books. Look at Hashnest they have tons of buy orders on the books like that. Does that mean they are engaged in fractional mining?
The current situation at scrypt.cc is toxic. I'm not recommending it or promoting that people go there. Trying to figure out what is really going on isn't doing that. I do have BTC tied up there that I would like to recover. I'm far from the only person in that boat.
For the record, I have far, far more tied up in LTCgear, which many of you really promoted in the past. For that I've joined a lawsuit to try and recover some.
1) I'm not yelling at anyone in particular although I can see how the big red letters might hurt the feelings of someone shilling for the scam. That's pretty much the point. 2) You have absolutely no proof of ANY MINING going on. Saying that a straight-up ponzi is doing "fractional mining" or "cloud mining" is an attempt to portray it as legitimate or semi-legitimate, not to mention trying to say that withdrawals work in the face of multiple complaints to the contrary etc. 3) Again you're trying to mush this scam together with "mining". A cloud mining business that passes MINING risks on to the customer is one thing. A ponzi that doesn't even mine, steals customers' funds/hashrate, manipulates its own "market", etc is fraud. If you don't believe that real, provably fair gambling sites provide positive support Bitcoin - that's fine. I just thought that you could support the kind of gambling that has rules. 4) Not sure what you're trying to say. Is that about that screenshot? That has nothing to do with "fractional mining". Nice diversion to LTCGear. Again trying to make it sound like I promoted it? As far as I remember you brought that up on GH and couldn't substantiate it. Post specific user IDs and links to their shilling re LTCGear if you want to make that point. Do that in a separate thread though, maybe in Scam Accusations, as this is moving far off topic. You know I thought ThePhwner jumped the gun with that neg but seeing how you're twisting the reality I'm not so sure anymore. 1) I'm not shilling and you are not trying to be objective. 2) We are both in the same boat when it comes to proof. You don't have any proof that there isn't any mining going on. We do agree it is fractional at best. 3) Whatever ... risk is risk. I don't see much of a difference. 4) The point was you twisted a normal order book into something that it isn't. Then people that can't think for themselves blindly repeated your 6 THs claim without have a clue what they are talking about. Let me say this clearly. All cloud mining is extremely risky for various reasons. There is always the scam potential, patch that there are exchange risks, risks related to site management, etc. With scrypt.cc there have been a lot of problems over the last few months. Coupled with the likely hood of fractional mining, that make it extremely risky.
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ThePhwner
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September 08, 2015, 12:52:40 AM |
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Enjoy your negative trust, you deserve it.
Couldn't care less honestly. I'm certainly not going to PM you twice because I'm upset about it, like you have done with me. This was your response to me asking you for some proof and to move on past the 6 Th/s issue. If we simply look at the pre-MHS conversion there's still an overwhelming mountain of evidence that this is 100% a scam with no mining whatsoever. But... Just like ThorSWO, you've balked in the face of an honest offer - disprove my other claims and I'll rescind your negative trust and stop posting here.I publicly offered ThorSWO 1 BTC for actual proof of his epic withdrawals and we got pages of bullshit. This isn't about feelings and opinions, it's about facts. While the facts about this scam remain what they are, you've left a paper trail here, as well as with BTC-Arbs, and PayCoin, that currently makes you untrustworthy. See if people trust my position on this issue, namely "it's a scam, don't invest," then they are 100% certain to not lose any money to this scam. If people start veering off course with your "theories" and finding legitimacy in some of this nonsense you're promoting, there's a risk of them losing BTC. You and the other PQs can make my Big Red Badge as big as you need to, ScryptCC will always be a scam and you can't disprove any of the facts in evidence.
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dyask
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September 08, 2015, 01:00:55 AM |
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Enjoy your negative trust, you deserve it.
Couldn't care less honestly. I'm certainly not going to PM you twice because I'm upset about it, like you have done with me. Just like ThorSWO, you've balked in the face of an honest offer - disprove my other claims and I'll rescind your negative trust and stop posting here.I publicly offered ThorSWO 1 BTC for actual proof of his epic withdrawals and we got pages of bullshit. This isn't about feelings and opinions, it's about facts. While the facts about this scam remain what they are, you've left a paper trail here, as well as with BTC-Arbs, and PayCoin, that currently makes you untrustworthy. See if people trust my position on this issue, namely "it's a scam, don't invest," then they are 100% certain to not lose any money to this scam. If people start veering off course with your "theories" and finding legitimacy in some of this nonsense you're promoting, there's a risk of them losing BTC. You and the other PQs can make my Big Red Badge as big as you need to, ScryptCC will always be a scam and you can't disprove any of the facts in evidence.Actually I didn't remember if I PM'ed you last night, I must have forgot to cc myself. Anyway I was just trying to be polite. Clearly honor is a concept you don't understand or value. You don't have a stake in scrypt.cc, you are just trying to cause trouble. That is dishonest and trolling in my book. I haven't tried to hide or gloss over problems. In return you twist old posts and lie by saying I support Ponzi scams.
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ThePhwner
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September 08, 2015, 01:04:41 AM |
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Actually I didn't remember if I PM'ed you last night, I must have forgot to cc myself. Anyway I was just trying to be polite. Clearly honor is a concept you don't understand or value.
You don't have a stake in scrypt.cc, you are just trying to cause trouble. That is dishonest and trolling in my book. I haven't tried to hide or gloss over problems. In return you twist old posts and lie by saying I support Ponzi scams.
Trying to prevent people from investing any money in this scam and calling out bullshit theories defending it isn't causing trouble. Once again you're ignoring facts which have been presented to you and turning this into something much more personal. This isn't about politeness, honor, friendship, unicorns, buttplugs, or anything else that makes you feel good. It's 100% about ScryptCC being a scam based on a lie. Since there's no mining taking place, all else resulting from it is a lie and fraud. I'm sorry you find my position troublesome; I find it more troublesome that people have lost as much as they did on this lie while others such as yourself find bizarre ways to defend its behavior. If you look over this thread you're not the first, and won't be the last, to turn all your anger on me, but I didn't create this scam and I didn't take anyone's coins. And once again, when faced with an offer from me to refute my facts with your facts, you get angry and attack me. I'll stop posting here if you can disprove my claims.
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yorll
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September 08, 2015, 01:16:30 AM |
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ThePhwner & suchmoon, Can you tell us how much they have lost between xpy & scrypt.cc? It is only for a reference of what useless than a human being can become .. I hope your answers.
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dyask
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September 08, 2015, 01:21:26 AM Last edit: September 08, 2015, 01:33:26 AM by dyask |
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Actually I didn't remember if I PM'ed you last night, I must have forgot to cc myself. Anyway I was just trying to be polite. Clearly honor is a concept you don't understand or value.
You don't have a stake in scrypt.cc, you are just trying to cause trouble. That is dishonest and trolling in my book. I haven't tried to hide or gloss over problems. In return you twist old posts and lie by saying I support Ponzi scams.
Trying to prevent people from investing any money in this scam and calling out bullshit theories defending it isn't causing trouble. Once again you're ignoring facts which have been presented to you and turning this into something much more personal. This isn't about politeness, honor, friendship, unicorns, buttplugs, or anything else that makes you feel good. It's 100% about ScryptCC being a scam based on a lie. Since there's no mining taking place, all else resulting from it is a lie and fraud. I'm sorry you find my position troublesome; I find it more troublesome that people have lost as much as they did on this lie while others such as yourself find bizarre ways to defend its behavior. If you look over this thread you're not the first, and won't be the last, to turn all your anger on me, but I didn't create this scam and I didn't take anyone's coins. And once again, when faced with an offer from me to refute my facts with your facts, you get angry and attack me. I'll stop posting here if you can disprove my claims. I did disprove the claim that was totally incorrect. (6THs claim) You have some other information that is out-of-date, but the concerns are valid so I didn't say anything about those. Lying about someone isn't trying to be helpful. You have been the one attacking, not me. I have defended myself in a minimal fashion. I'm not trying to encourage people to invest in scrypt.cc and I have never done that. Grow up. EDIT: For the record, I never encouraged people to invest in BTCarbs either. BTCarbs didn't have a lock-in that BitcoinTrader did. I pointed out that was typical of a scam site and I felt more comfortable at the time with BTCarbs because of that. However I always clearly stated that BTCarbs could also be a scam too. BitcoinTrader turned out to be 100% scam, BTCarbs did at least partially payback people after shutting down, but many ended up with losses from that too. Both were scams in the end. I don't think I deserve negative trust because of that. I did argue that the concept of arbitrage was valid. There was never proof that either site were actually doing arbitrage but we were looking for it. Investigating isn't the same as supporting.
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dyask
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September 08, 2015, 01:38:59 AM |
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ThePhwner & suchmoon, Can you tell us how much they have lost between xpy & scrypt.cc? It is only for a reference of what useless than a human being can become .. I hope your answers.
Why don't you just take a week and read suchmoons threads? EDIT: For the record I generally felt he was correct about GAW, I just strongly disagreed with the personal attacks his threads promoted. However in suchmoon's defense, Josh is a real slime ball.
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suchmoon
Legendary
Offline
Activity: 3850
Merit: 9090
https://bpip.org
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September 08, 2015, 01:41:18 AM |
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1) I'm not shilling and you are not trying to be objective. 2) We are both in the same boat when it comes to proof. You don't have any proof that there isn't any mining going on. We do agree it is fractional at best. 3) Whatever ... risk is risk. I don't see much of a difference. 4) The point was you twisted a normal order book into something that it isn't. Then people that can't think for themselves blindly repeated your 6 THs claim without have a clue what they are talking about.
Let me say this clearly. All cloud mining is extremely risky for various reasons. There is always the scam potential, patch that there are exchange risks, risks related to site management, etc.
With scrypt.cc there have been a lot of problems over the last few months. Coupled with the likely hood of fractional mining, that make it extremely risky.
Proof of mining is on scrypt.cc and it's extremely simple to do. If they can't prove it - they're not mining. It's impossible to prove the absence of something and this certainly should not be the task for scrypt.cc customers. I'm not going to discuss risk management with you anymore, I think I don't care if you suck at it. If you think all risk is the same - good luck. Let us know how that lawsuit goes, perhaps in that thread you're going to create about bad people who promoted LTCGear. Fractional mining would only be applicable if they had proof of SOME mining, possibly not sufficient to cover all hashrate they sold. That's "fractional". What we have here is no proof at all. And what do you mean by this: Scrypt.cc Admin has clearly stated many times that he will no longer provide any proof of mining. So there is only indirect evidence.
No longer? Has he EVER provided any proof? Please post it here.
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dyask
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September 08, 2015, 01:49:31 AM |
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1) I'm not shilling and you are not trying to be objective. 2) We are both in the same boat when it comes to proof. You don't have any proof that there isn't any mining going on. We do agree it is fractional at best. 3) Whatever ... risk is risk. I don't see much of a difference. 4) The point was you twisted a normal order book into something that it isn't. Then people that can't think for themselves blindly repeated your 6 THs claim without have a clue what they are talking about.
Let me say this clearly. All cloud mining is extremely risky for various reasons. There is always the scam potential, patch that there are exchange risks, risks related to site management, etc.
With scrypt.cc there have been a lot of problems over the last few months. Coupled with the likely hood of fractional mining, that make it extremely risky.
Proof of mining is on scrypt.cc and it's extremely simple to do. If they can't prove it - they're not mining. It's impossible to prove the absence of something and this certainly should not be the task for scrypt.cc customers. I'm not going to discuss risk management with you anymore, I think I don't care if you suck at it. If you think all risk is the same - good luck. Let us know how that lawsuit goes, perhaps in that thread you're going to create about bad people who promoted LTCGear. Fractional mining would only be applicable if they had proof of SOME mining, possibly not sufficient to cover all hashrate they sold. That's "fractional". What we have here is no proof at all. And what do you mean by this: Scrypt.cc Admin has clearly stated many times that he will no longer provide any proof of mining. So there is only indirect evidence.
No longer? Has he EVER provided any proof? Please post it here. The GPU mining that existed last year is no longer in existence. There was great deal of discussion about before, however the proof as generally along the lines as he would tell people what coins were being mined in chat. It was possible to follow the hashing at the time. There were times when hashing was pointed at a pool of choice to verify existence. That was all done live and I'm not going to waste time digging out information that is no longer valid. With ASICs you can't prove or disprove the existence of mining. We can only prove that is likely a lot less than 850 GHs. Funny ... you never got the concept of risk management. That is partly why I have BTC spread out so much. However, some places I'm getting tried of, for example BTCjam. It just takes too much effort. With scrypt.cc the odds are I'm going to end up getting burned some, however it is less of a burn than something like LTCgear. EDIT: I could lose every BTC I have and it would have no impact on my life other than my pride. That is healthy risk management.
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