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

[zoro1]

if there is going to be a tax, it should be kept from the payouts, not sent to him before payouts begin.
i can't believe this policy

[1715132961]

1715132961

[1715132961]

1715132961

[dyask]

I would only accept a pro-rated maintenance fee for the 1.5 months of 2014 that I have owned the shares. In many ways, the idea of him taxing all of us sounds like he is trying to significantly reduce the amount he owes us.

Hypothetically, if you bought your shares at 49% off, and Chris taxes you at 25% of the cost of 3k shares for $899 ($224), he can make you pay 50% of the original purchase. So that way, he ends up getting 75% of the full price for the shares he sold you in November. It's something to think about...

It would still be a very cheap deal if the payments resumed as normal.   $300 for 1000 shares should be bringing in than 15 LTC a week or about $30+ per week.   25% of $300 would be $75 which would be paid off with 7.5 weeks of payouts.  Right now LTCgear has at least 5 weeks of payout from everyone. 

Frankly I would be thrilled to get back 50% of those payouts.   That is a whole lot better than nothing.

ill be very very happy only if he give me 10% of what he owed me for the past week, ill let him take 90% of what he owed as the tax, then resume payment as normal for the next week, but reading what in litecointalk, there a few cultist who still believe in their "holy" beekeeper and will send the tax to him, they are pretty dumb i can tell

You are dreaming.  No one will send anything in blind.   We are way past that point.  

[erwin45hacked]

I would only accept a pro-rated maintenance fee for the 1.5 months of 2014 that I have owned the shares. In many ways, the idea of him taxing all of us sounds like he is trying to significantly reduce the amount he owes us.

Hypothetically, if you bought your shares at 49% off, and Chris taxes you at 25% of the cost of 3k shares for $899 ($224), he can make you pay 50% of the original purchase. So that way, he ends up getting 75% of the full price for the shares he sold you in November. It's something to think about...

It would still be a very cheap deal if the payments resumed as normal.   $300 for 1000 shares should be bringing in than 15 LTC a week or about $30+ per week.   25% of $300 would be $75 which would be paid off with 7.5 weeks of payouts.  Right now LTCgear has at least 5 weeks of payout from everyone.  

Frankly I would be thrilled to get back 50% of those payouts.   That is a whole lot better than nothing.

ill be very very happy only if he give me 10% of what he owed me for the past week, ill let him take 90% of what he owed as the tax, then resume payment as normal for the next week, but reading what in litecointalk, there a few cultist who still believe in their "holy" beekeeper and will send the tax to him, they are pretty dumb i can tell

You are dreaming.  No one will send anything in blind.   We are way past that point.  

nope im not check this out

https://litecointalk.org/index.php?topic=22433.1395

Reply #1404

"No I am talking about all shares.  I bough shares between Sept to December.  I plan to pay the maintenance fee for all of them regardless of when I purchased them.  If you do not want to pay the maintenance fee sell your existing shares/account and buy back the new shares"

Edit : bolded part done by me

Edit 2 : i've seen another one stating he will pay this fee but i cpouldnt find it anymore

[ahmed04]

What is the mean "legit user" ??
Chance 50 : 50 , pay or not 

[dyask]

I would only accept a pro-rated maintenance fee for the 1.5 months of 2014 that I have owned the shares. In many ways, the idea of him taxing all of us sounds like he is trying to significantly reduce the amount he owes us.

Hypothetically, if you bought your shares at 49% off, and Chris taxes you at 25% of the cost of 3k shares for $899 ($224), he can make you pay 50% of the original purchase. So that way, he ends up getting 75% of the full price for the shares he sold you in November. It's something to think about...

It would still be a very cheap deal if the payments resumed as normal.   $300 for 1000 shares should be bringing in than 15 LTC a week or about $30+ per week.   25% of $300 would be $75 which would be paid off with 7.5 weeks of payouts.  Right now LTCgear has at least 5 weeks of payout from everyone.  

Frankly I would be thrilled to get back 50% of those payouts.   That is a whole lot better than nothing.

ill be very very happy only if he give me 10% of what he owed me for the past week, ill let him take 90% of what he owed as the tax, then resume payment as normal for the next week, but reading what in litecointalk, there a few cultist who still believe in their "holy" beekeeper and will send the tax to him, they are pretty dumb i can tell

You are dreaming.  No one will send anything in blind.   We are way past that point.  

nope im not check this out

https://litecointalk.org/index.php?topic=22433.1395

Reply #1404

"No I am talking about all shares.  I bough shares between Sept to December.  I plan to pay the maintenance fee for all of them regardless of when I purchased them.  If you do not want to pay the maintenance fee sell your existing shares/account and buy back the new shares"

Edit : bolded part done by me

Edit 2 : i've seen another one stating he will pay this fee but i cpouldnt find it anymore

1) You link is wrong.
2) You are taking things out of context.  No one has said they will pay even if they don't get the coins owed to them.   The only leeway is in paying from the amount owed to us. 

[BlackLines]

What is the mean "legit user" ??
Chance 50 : 50 , pay or not 

are you still hoping they pay mate ?
forget it

[siampumpkin]

What is the mean "legit user" ??
Chance 50 : 50 , pay or not 

are you still hoping they pay mate ?
forget it

If we get paid it's a miracle. I for sure won't be paying anything to get the payments which are due me. 

[jackbox]

What is the mean "legit user" ??
Chance 50 : 50 , pay or not 

are you still hoping they pay mate ?
forget it

If we get paid it's a miracle. I for sure won't be paying anything to get the payments which are due me. 

It's over. He finally checkmated us.

[knightlife999]

We paid for 1 year of mining. One year. I just bought my shares at the end of November. I haven't gotten a single payment. A friend and I were given shares as payment twice in early December though we selected payment in LTC. I don't owe Chris maintenance until one year has passed from the date I purchased my shares. That's the policy that we all paid for. Chris never said that he would bill us a tax whenever it suits his purposes. I'm surprised that so many people are willing to pay him a tax when they haven't even been paid what they are owed. It's not our fault that he did not secure his site.

AussieMiner wrote a great post on the LTCGear forum: http://ltcgeartalk.net/index.php?topic=881.msg8915#new

I have given Chris the benefit of the doubt, but I'm not sure what to think of this. The fact that he is talking about charging us more money and barely mentioned anything about our back payments really concerns me. In addition, he didn't say anything about the multiplication that we are owed from December 24th. It appears that Chris has been mining huge amounts of LTC during the lull in difficulty and transferring the coins out from his wallets to exchanges. Read AussieMiner's post. Now, he is trying to take a sizable portion of our profit through a "tax" when he hasn't even paid us yet. It's absolutely ridiculous.    

[siampumpkin]

We paid for 1 year of mining. One year. I just bought my shares at the end of November. I haven't gotten a single payment. A friend and I were given shares as payment twice in early December though we selected payment in LTC. I don't owe Chris maintenance until one year has passed from the date I purchased my shares. That's the policy that we all paid for. Chris never said that he would bill us a tax whenever it suits his purposes. I'm surprised that so many people are willing to pay him a tax when they haven't even been paid what they are owed. It's not our fault that he did not secure his site.

AussieMiner wrote a great post on the LTCGear forum: http://ltcgeartalk.net/index.php?topic=881.msg8915#new

I have given Chris the benefit of the doubt up until now. The fact that he is talking about charging us more money and barely mentioned anything about our back payments really concerns me. In addition, he didn't say anything about the multiplication that we are owed from December 24th. It appears that Chris has been mining huge amounts of LTC during the lull in difficulty and transferring the coins out from his wallets to exchanges. Read AussieMiner's post. Now, he is trying to take a sizable portion of our profit through a "tax" when he hasn't even paid us yet. It's absolutely ridiculous.     

Good post by AussieMiner but the chance that Chris reads it is next to zero and the change he acts on it approaching infinitesimal. 

[Totscha]

We paid for 1 year of mining. One year. I just bought my shares at the end of November. I haven't gotten a single payment. A friend and I were given shares as payment twice in early December though we selected payment in LTC. I don't owe Chris maintenance until one year has passed from the date I purchased my shares. That's the policy that we all paid for. Chris never said that he would bill us a tax whenever it suits his purposes. I'm surprised that so many people are willing to pay him a tax when they haven't even been paid what they are owed. It's not our fault that he did not secure his site.

AussieMiner wrote a great post on the LTCGear forum: http://ltcgeartalk.net/index.php?topic=881.msg8915#new

I have given Chris the benefit of the doubt up until now. The fact that he is talking about charging us more money and barely mentioned anything about our back payments really concerns me. In addition, he didn't say anything about the multiplication that we are owed from December 24th. It appears that Chris has been mining huge amounts of LTC during the lull in difficulty and transferring the coins out from his wallets to exchanges. Read AussieMiner's post. Now, he is trying to take a sizable portion of our profit through a "tax" when he hasn't even paid us yet. It's absolutely ridiculous.     

Good post by AussieMiner but the chance that Chris reads it is next to zero and the change he acts on it approaching infinitesimal. 

I'm missing the part where he connected those addresses to Ltcgear...

[djm34]

We paid for 1 year of mining. One year. I just bought my shares at the end of November. I haven't gotten a single payment. A friend and I were given shares as payment twice in early December though we selected payment in LTC. I don't owe Chris maintenance until one year has passed from the date I purchased my shares. That's the policy that we all paid for. Chris never said that he would bill us a tax whenever it suits his purposes. I'm surprised that so many people are willing to pay him a tax when they haven't even been paid what they are owed. It's not our fault that he did not secure his site.

AussieMiner wrote a great post on the LTCGear forum: http://ltcgeartalk.net/index.php?topic=881.msg8915#new

I have given Chris the benefit of the doubt up until now. The fact that he is talking about charging us more money and barely mentioned anything about our back payments really concerns me. In addition, he didn't say anything about the multiplication that we are owed from December 24th. It appears that Chris has been mining huge amounts of LTC during the lull in difficulty and transferring the coins out from his wallets to exchanges. Read AussieMiner's post. Now, he is trying to take a sizable portion of our profit through a "tax" when he hasn't even paid us yet. It's absolutely ridiculous.     

Good post by AussieMiner but the chance that Chris reads it is next to zero and the change he acts on it approaching infinitesimal. 

the chance is a percent 

[sluppy]

A shame the 1% getting payouts apperantly dont own any forum accounts.

[Danz0r77]

A shame the 1% getting payouts apperantly dont own any forum accounts.

Yeah. Odd that 

[Warbigold]

A shame the 1% getting payouts apperantly dont own any forum accounts.

Yeah. Odd that 

If he really wanted to scam us he would have make/use some fake accounts.

[Danz0r77]

A shame the 1% getting payouts apperantly dont own any forum accounts.

Yeah. Odd that 

If he really wanted to scam us he would have make/use some fake accounts.

I honestly believe he is just too lazy to bother with that. Plus he doesn't need to.

[dyask]

We paid for 1 year of mining. One year. I just bought my shares at the end of November. I haven't gotten a single payment. A friend and I were given shares as payment twice in early December though we selected payment in LTC. I don't owe Chris maintenance until one year has passed from the date I purchased my shares. That's the policy that we all paid for. Chris never said that he would bill us a tax whenever it suits his purposes. I'm surprised that so many people are willing to pay him a tax when they haven't even been paid what they are owed. It's not our fault that he did not secure his site.

AussieMiner wrote a great post on the LTCGear forum: http://ltcgeartalk.net/index.php?topic=881.msg8915#new

I have given Chris the benefit of the doubt, but I'm not sure what to think of this. The fact that he is talking about charging us more money and barely mentioned anything about our back payments really concerns me. In addition, he didn't say anything about the multiplication that we are owed from December 24th. It appears that Chris has been mining huge amounts of LTC during the lull in difficulty and transferring the coins out from his wallets to exchanges. Read AussieMiner's post. Now, he is trying to take a sizable portion of our profit through a "tax" when he hasn't even paid us yet. It's absolutely ridiculous.    

So you paid very little for your shares and never even manage to set up your account correctly.   

We don't have any information on how he going to charge for the maintenance fee yet.   I believe (not know) that all shares will be treated equally.   You only have one choice, allow the fee to be paid, probably deducted from accumulated earning or let the shares retire.   

Frankly I hope a lot of you just let your shares retire.   

[damiano]

How many of you actually plan on staying with the ltcgear after you get your payouts?  Personally I think I'm done...this communication is just ridiculous.

[Warbigold]

How many of you actually plan on staying with the ltcgear after you get your payouts?  Personally I think I'm done...this communication is just ridiculous.

Payout ? Don't think we'll see any payout from ltcgear in the next 10 years.

[alienesb]

How many of you actually plan on staying with the ltcgear after you get your payouts?  Personally I think I'm done...this communication is just ridiculous.

If he pays me I'll stay there. Almost even-steven anyway.