Advice for new users regarding CLOUD MINING

[Puppet]

So cloudmining.website is scam as well,

Thats the only part you did get right

[kotwica666]

So cloudmining.website is scam as well,

Thats the only part you did get right

ehh I am impressed with your crusade.. 
If I achieve ROI. It will be a scam?

[Puppet]

If I achieve ROI. It will be a scam?

Yes, of course. It will just be a somewhat successful scam to survive that long.
Or do you think anyone that ROId with pirate is proof it was no scam?

[kotwica666]

If I achieve ROI. It will be a scam?

Yes, of course. It will just be a somewhat successful scam to survive that long.
Or do you think anyone that ROId with pirate is proof it was no scam?

Yep you have right that was stupid question..
But cloudmining.website guarantees only a year of mining.. so maybe they can do that.. PBmining was almost year? Now i see what is going on with them..  When they have next payment?

[Puppet]

Yep you have right

Get used to it.

[DARKANGEL6415]

Yep you have right

Get used to it.

what i am getting used to is diff drop lol i see it dropping again to negative     

[Puppet]

what i am getting used to is diff drop lol i see it dropping again to negative     

Yeah rub it in, why dont you..

[l3sny]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

[kotwica666]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

We will see.. But in longer term can happen that trustworthy services will fall as well. Maybe even Cex.io. And thinking like this can be wrong. But to find out we must wait.. 

[Borntostun]

I've been through many of these providers and LTCGear is the only one that has gained my confidence thus far . . .

[DARKANGEL6415]

what i am getting used to is diff drop lol i see it dropping again to negative     

Yeah rub it in, why dont you..

lol i didnt win no bet yo never got me lol so im not rubbing it in i really am happy as i am sure even you are even if lost bet for difficulty drop. Well i would hope you would be happy anyways on drop not on loss 

[DARKANGEL6415]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

We will see.. But in longer term can happen that trustworthy services will fall as well. Maybe even Cex.io. And thinking like this can be wrong. But to find out we must wait.. 

wow pretty scary words IF cex.io was to go down i dont know what me and i would say alot of other people would be doing or panic mode. It is prety safe to say despite prices cex.io is still considered king in cloud mining / trade exchange as they have proven themselves over time and share information

[malaimult]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

We will see.. But in longer term can happen that trustworthy services will fall as well. Maybe even Cex.io. And thinking like this can be wrong. But to find out we must wait.. 

I would somewhat doubt that cex will ever turn scam. They have essentially proven that they have physical hardware that backs the GH/s that is for sale. Their identity is somewhat less hidden by the fact that some people have received physical miners for their GH/s. Also they are expanding into other markets (for example becoming an exchange) which gives them alternate ways to profit from acting honestly

[kotwica666]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

We will see.. But in longer term can happen that trustworthy services will fall as well. Maybe even Cex.io. And thinking like this can be wrong. But to find out we must wait.. 

I would somewhat doubt that cex will ever turn scam. They have essentially proven that they have physical hardware that backs the GH/s that is for sale. Their identity is somewhat less hidden by the fact that some people have received physical miners for their GH/s. Also they are expanding into other markets (for example becoming an exchange) which gives them alternate ways to profit from acting honestly

if cex.io fell, it would be disastrous for all cloud mining services.. still there are people who rent their hardware .. but it seems that less and less ..hopefully that never happen..

[DARKANGEL6415]

No way I do not believe in 0.0011/GH/s in VIP offer and 9% referrals. I think it is scam.

So you say that someone is a scammer because he sells at a low price?

So cloudmining.website is scam as well, because price there is 0.01 BTC/GHS.. And when price is 0.013 that is not scam?

Exactly this is what I think. Can you sell your shares or get off of it in any way?

0.0013/gh is a reasonable market price I would say. It may bring ROI in BTC provided you buy the hashing power early enough and that diff will be dropping to the point of the BTC price going up sharply. I think buying GH/s now is a very safe bet.

So PBmining saga finally has reached its destination... lots of shit ahead of us...

cloudmining.website is an obvious scam as well. Same cloudminr.io. We will see those ponzi/fractonal mining services dropping like flies with diff going down.

We will see.. But in longer term can happen that trustworthy services will fall as well. Maybe even Cex.io. And thinking like this can be wrong. But to find out we must wait.. 

I would somewhat doubt that cex will ever turn scam. They have essentially proven that they have physical hardware that backs the GH/s that is for sale. Their identity is somewhat less hidden by the fact that some people have received physical miners for their GH/s. Also they are expanding into other markets (for example becoming an exchange) which gives them alternate ways to profit from acting honestly

if cex.io fell, it would be disastrous for all cloud mining services.. still there are people who rent their hardware .. but it seems that less and less ..hopefully that never happen..

this is true would be like world ending in my eyes 

[l3sny]

CEX can't fall. They can only stop paying due to high maintenance fees but it is very unlikely.

[MrTeal]

CEX can't fall. They can only stop paying due to high maintenance fees but it is very unlikely.

Of course they can fail. That doesn't mean they're a scam, but like any business there's non-zero chance that they will go bankrupt and the customers will be left holding the bag. Only bankers get to work for companies too big to fail.

That being said, given their business model I don't think it's very likely they will fail.

[kotwica666]

CEX can't fall. They can only stop paying due to high maintenance fees but it is very unlikely.

Of course they can fail. That doesn't mean they're a scam, but like any business there's non-zero chance that they will go bankrupt and the customers will be left holding the bag. Only bankers get to work for companies too big to fail.

That being said, given their business model I don't think it's very likely they will fail.

So it is almost impossible to find the line between business and simply scam 

[DARKANGEL6415]

CEX can't fall. They can only stop paying due to high maintenance fees but it is very unlikely.

Of course they can fail. That doesn't mean they're a scam, but like any business there's non-zero chance that they will go bankrupt and the customers will be left holding the bag. Only bankers get to work for companies too big to fail.

That being said, given their business model I don't think it's very likely they will fail.

Well said i agree to that but lets hope nothing like this happens to this or anyother company i hate seeing people out of work due to layoffs and so forth  

[MrTeal]

CEX can't fall. They can only stop paying due to high maintenance fees but it is very unlikely.

Of course they can fail. That doesn't mean they're a scam, but like any business there's non-zero chance that they will go bankrupt and the customers will be left holding the bag. Only bankers get to work for companies too big to fail.

That being said, given their business model I don't think it's very likely they will fail.

So it is almost impossible to find the line between business and simply scam 

No, not really. The guy selling $3000 speakers out of the back of a white van for only $500 is a scam. BestBuy.com is not a scam. That doesn't mean that if I place an order on BestBuy they couldn't go into receivership before it ships and I'm left in the cold without my awesome new speakers. It's not likely, but not impossible.