LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!

[tonygal]

As about identifying class A attackers, as I already informed certain parties from community, a direct connection to database was established starting from IP 178.21.117.208 belonging to directvps.nl and address 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX (along with many others) was planted in database for payments. 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX aggregates large amount of coins and sends funds to address 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL (owner can be determined with 100% certainity)
For those needing a tip, here’s an article
http://qntra.net/2014/12/virransom-the-latest-ransomware/

Chris somehow implies that he knows who is behind these attacks but doesn't want to spell it out.
Can someone give me a hint? I don't get it. The link also doesn't help..

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[marthelo]

So lets us know if you account is functional and how much the tax is.  My account and my daughters tiny account (236 shares) are not functional.    My fear is some reseller shares were not legit.   

Just had a thought ... for many of us that have reasonable accounts and clearly paid for many shares, the tax may help cover the losses.   

Though #2 - Kiss the share multiplication goodbye.   However that is a pretty small nick.   Getting payments flowing is important. 

Without multiplication there's no point of buying shares.

so true...it would defeat the whole purpose

What multiplication? Difficulty is atm almost lower than it was at the last multiplication, so there isn't really a point in giving more shares to compensate for difficulty rises, since, well, there ain't that much

well- the multi was due on the 24th- he posted it would be no less than 25%.. but it would have taken 30% back then...it looks like this next multi would be zero. 1st i just want to see funds coming in... then i want the missed multi- then for the new multi if the dificulty is zero then ya, the multi would be zero- but god damn it would be nice if things operated on a schedule so everything happened on time---- please deposit coins soon cris

[NotAPonzi]

As about identifying class A attackers, as I already informed certain parties from community, a direct connection to database was established starting from IP 178.21.117.208 belonging to directvps.nl and address 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX (along with many others) was planted in database for payments. 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX aggregates large amount of coins and sends funds to address 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL (owner can be determined with 100% certainity)
For those needing a tip, here’s an article
http://qntra.net/2014/12/virransom-the-latest-ransomware/

Chris somehow implies that he knows who is behind these attacks but doesn't want to spell it out.
Can someone give me a hint? I don't get it. The link also doesn't help..

If you visit that website you will see that address 1FsVcd is associated with a btc-e.com wallet

[tonygal]

As about identifying class A attackers, as I already informed certain parties from community, a direct connection to database was established starting from IP 178.21.117.208 belonging to directvps.nl and address 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX (along with many others) was planted in database for payments. 1AeFq5RbXiY1vsRqZjcF7fVodCxXwmDcMX aggregates large amount of coins and sends funds to address 1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL (owner can be determined with 100% certainity)
For those needing a tip, here’s an article
http://qntra.net/2014/12/virransom-the-latest-ransomware/

Chris somehow implies that he knows who is behind these attacks but doesn't want to spell it out.
Can someone give me a hint? I don't get it. The link also doesn't help..

If you visit that website you will see that address 1FsVcd is associated with a btc-e.com wallet

Yes, of course, this I got. But Chris does not want to say that BTC-e conducted the attacks, right?
So is there more to it?

[Flep182]

If it has been exchanged there for fiat it won't be hard to find out about it who did it.

[dyask]

About the maintenance "tax" fee ... Just making a guess.

1) All shares would be treated the same.  Current wording supports that.
2) Current price would be the $900 / 3K shares
3) 20% since that is the high estimate.

20% * $300 / 1000 shares = $60 / 1000 shares.    Roughly 2.5 weeks of payment right now.   Thankfully LTC has gone up. 


That is my guess based on:
"Hosting and power costs are included for one year. After each year, a power/hosting/maintenance has to be payed to maintain ownership for another year. The fee is around 5% – 20% of initial share price and it can be calculated only at the end of the year."

[jackbox]

About the maintenance "tax" fee ... Just making a guess.

1) All shares would be treated the same.  Current wording supports that.
2) Current price would be the $900 / 3K shares
3) 20% since that is the high estimate.

20% * $300 / 1000 shares = $60 / 1000 shares.    Roughly 2.5 weeks of payment right now.   Thankfully LTC has gone up. 


That is my guess based on:
"Hosting and power costs are included for one year. After each year, a power/hosting/maintenance has to be payed to maintain ownership for another year. The fee is around 5% – 20% of initial share price and it can be calculated only at the end of the year."

He cannot realistically think he is getting 1 satoshi out of anyone until he pays us all the back payments, plus missed payment from 12/12 and 12/19 and final affiliate payments. Chris you pay us before we pay you anything more.

[pbleak]

It says payment is possible for some users, can anyone confirm?

[Totscha]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

[erwin45hacked]

That's a great question. I've wondered that myself. Everyone who sells shares claim that they just bought them recently. Maybe they did, but maybe they also hold shares which are much older. Since there is no way to choose which shares you sell, how can anyone know how old the shares purchased from a re-seller actually are?

nope, people begin to notice ltcgear only after there is anniversarry discount, i recall there is less than 150 user before the anniversarry discount, so its like august or september, and couldnt be more than 8 months old shares

About the maintenance "tax" fee ... Just making a guess.

1) All shares would be treated the same.  Current wording supports that.
2) Current price would be the $900 / 3K shares
3) 20% since that is the high estimate.

20% * $300 / 1000 shares = $60 / 1000 shares.    Roughly 2.5 weeks of payment right now.   Thankfully LTC has gone up. 


That is my guess based on:
"Hosting and power costs are included for one year. After each year, a power/hosting/maintenance has to be payed to maintain ownership for another year. The fee is around 5% – 20% of initial share price and it can be calculated only at the end of the year."

He cannot realistically think he is getting 1 satoshi out of anyone until he pays us all the back payments, plus missed payment from 12/12 and 12/19 and final affiliate payments. Chris you pay us before we pay you anything more.

i agree, he should have 1 satoshi from us unless he paid us, i will be happy only if he pay for 1 week payment, faith should be restored if he pay only for 1 week,

[blackice2013]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

[Flep182]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

[tonygal]

Funny to think about the following scenario: Assume he asks us to pay the "tax" before releasing
any payouts. First possible reaction is that many people pay and he can run with an even higher
amount. Second possible reaction (much more likely) is that almost nobody pays, then he can
almost legitimately withhold payments and blame the customers for not getting paid.

So under the assumption that ltcgear is not legit, this is an almost sure win-situation he would
create with demanding upfront "tax"-payments.

[Danz0r77]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

I'd say it's a little unexpected given that his statement says that there ARE users right now who have functioning payouts.

[Flep182]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

I'd say it's a little unexpected given that his statement says that there ARE users right now who have functioning payouts.

If you've followed Chris a bit you can safely conclude that "some users are having this" actually means that today or tomorrow a few people will be activated on this payout thing.

So if by Wednesday there are zero reports of people being moved to the payout system, that wouldn't worry me too much. Would be annoying but that would be it. Would it be like that on Friday I might worry. If it's still an unreported feature by the end of next week then I might (in the back of my mind) be thinking "I hope he's not running with the money". Not before that.

[Danz0r77]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

I'd say it's a little unexpected given that his statement says that there ARE users right now who have functioning payouts.

If you've followed Chris a bit you can safely conclude that "some users are having this" actually means that today or tomorrow a few people will be activated on this payout thing.

So if by Wednesday there are zero reports of people being moved to the payout system, that wouldn't worry me too much. Would be annoying but that would be it. Would it be like that on Friday I might worry. If it's still an unreported feature by the end of next week then I might (in the back of my mind) be thinking "I hope he's not running with the money". Not before that.

I admire your faith and patience. But, look at the words he used...

"At this moment the payments are functional for a percent of users and will become functional gradually for entire database of legit users."


That's fairly unambiguous language  

[Flep182]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

I'd say it's a little unexpected given that his statement says that there ARE users right now who have functioning payouts.

If you've followed Chris a bit you can safely conclude that "some users are having this" actually means that today or tomorrow a few people will be activated on this payout thing.

So if by Wednesday there are zero reports of people being moved to the payout system, that wouldn't worry me too much. Would be annoying but that would be it. Would it be like that on Friday I might worry. If it's still an unreported feature by the end of next week then I might (in the back of my mind) be thinking "I hope he's not running with the money". Not before that.

I admire your faith and patience. But, look at the words he used...

"At this moment the payments are functional for a percent of users and will become functional gradually for entire database of legit users."


That's fairly unambiguous language  

Who haven't reported here yet. Doesn't say they don't exist, we're just not in contact with them (yet). Remember that after he asked people to login after a week only 50% did that. Wouldn't be surprised if the accounts that are already active on the withdrawal system are mainly there since they haven't changed stuff in months and are in the "fire and forget" modus

My roadmap is a suggestion that works wonders on my blood pressure

Chris his English is below average so as long as there is not an actual invoice that charges me money with a request to pay within the next 7 days without any outlook at getting the previous payouts or at least other people getting money flowing again, I'm not buying into the "OMG HES A SCAMMER HES JUST CHARGING US TO RUN WITH MORE OMGOMGOMGOMG" crap vox populi.

[Danz0r77]

It says payment is possible for some users, can anyone confirm?

0 % of people active on the forums have a balance.

Thats no good btw 😪

Not completely unexpected. Chris is slow. But at least he seems to be fixing things. We'll have to wait for the explanation about the shares to clear stuff up.

I'd say it's a little unexpected given that his statement says that there ARE users right now who have functioning payouts.

If you've followed Chris a bit you can safely conclude that "some users are having this" actually means that today or tomorrow a few people will be activated on this payout thing.

So if by Wednesday there are zero reports of people being moved to the payout system, that wouldn't worry me too much. Would be annoying but that would be it. Would it be like that on Friday I might worry. If it's still an unreported feature by the end of next week then I might (in the back of my mind) be thinking "I hope he's not running with the money". Not before that.

I admire your faith and patience. But, look at the words he used...

"At this moment the payments are functional for a percent of users and will become functional gradually for entire database of legit users."


That's fairly unambiguous language  

My roadmap is a suggestion that works wonders on my blood pressure

Hehe, fair enough :p

[tonygal]

This I find also very troublesome:

As for example, it happened that an attacker injected in orders payment address pool a certain foreign address at a certain time, then next minute certain users came and placed big orders, all paid to foreign address until foreign address was removed, after which order frequency and value resumed regular trend.

So it is possible that the hacker introduced an address into the payment address pool, waited until a honest customer placed
and paid an order and then the coins were transferred further on to an address solely in control of the hacker? I wonder if Chris
pays this loss out of his pocket (i.e. if the shares credited to the honest customer will remain in the account.)

Either Chris is shittin us big times or his website was one giant security hole.

[alienesb]

This I find also very troublesome:

As for example, it happened that an attacker injected in orders payment address pool a certain foreign address at a certain time, then next minute certain users came and placed big orders, all paid to foreign address until foreign address was removed, after which order frequency and value resumed regular trend.

So it is possible that the hacker introduced an address into the payment address pool, waited until a honest customer placed
and paid an order and then the coins were transferred further on to an address solely in control of the hacker? I wonder if Chris
pays this loss out of his pocket (i.e. if the shares credited to the honest customer will remain in the account.)

Either Chris is shittin us big times or his website was one giant security hole.

It's probably the latter. He should have a guy/gal on this alone making sure the DB is solid and secure.