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Author Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!  (Read 361306 times)
zerocoder
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January 25, 2015, 02:17:43 PM
 #3541

There is a strong up trend in LTC, today the ltc price increased almost 60%

"Break the Big Banks" - http://BERN.cash - #‎NotMeUS #rEVOLution
BERN BRpJhL4VVsJPwVnHc26iqG3kxxKtF6UEFo
m3
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January 25, 2015, 02:25:17 PM
 #3542

http://www.btcfeed.net/news/ltcgear-next-gawminers/

alienesb
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January 25, 2015, 02:36:32 PM
 #3543


I Lol'd. I like how they are the next GAW when LTCG has basically been down since late December. Really up to date news site! I'm going to scrub their cookie now and never go back.

LTCG will be fine probably but if not most have written it off anyway and if it comes back Christmas time!
ahmed04
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January 25, 2015, 04:02:22 PM
 #3544

Today is a payment day


Are you get payment today ?
sluppy
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January 25, 2015, 04:05:58 PM
 #3545

Today is a payment day


Are you get payment today ?

I think he's confusing the announcement with getting paid.(neither happend yet)

I didnt see anything about getting paid today did i miss something?

The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke -- May the forces of evil become confused on the way to your house.George Carlin
We pay for life with death , so everything in between should be free. Bill Hicks -- It is during our darkest moments that we must focus to see the light. Aristotle
Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment. Buddha -- The only true wisdom is in knowing you know nothing. Socrates
copychicken
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January 25, 2015, 08:25:25 PM
 #3546

Buy from chris again... These next.gen are amazing... You give money and never get payed.. Its the new money eater... Very high tech...


 
 
 
 
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...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






bubbaj
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January 25, 2015, 08:28:25 PM
 #3547

I still say dead in the water however I would like to be proved wrong Grin
jackbox
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January 25, 2015, 11:42:14 PM
 #3548

Buy from chris again... These next.gen are amazing... You give money and never get payed.. Its the new money eater... Very high tech...

Before the "hacking" incident the Gen2 did pay a small amount. 12 qasic shares per Gen2 share.

Buy a Trezor and Protect your BTC, BCH, BTG, DASH, LTC, DGB, ZEC, ETH and ETC from hackers.
If I was helpful please buy me a coffee BTC: 1DWK7vBaxcTC5Wd2nQwLGEoy8xdFVzGKLK  BTG: AWvN1iBqCUqG2tEh3XoVvRbdcGrAzfBBpW
If I was helpful please buy me a burger DGB: DLASV6CUQpGtGSyaVz5FYuu5YxZ17MoGQz
alienesb
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January 26, 2015, 01:49:04 AM
 #3549

I still say dead in the water however I would like to be proved wrong Grin

Every time you open your mouth crap comes out bubba.
Mapuo
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January 26, 2015, 07:49:58 AM
 #3550

Announcement (UPDATED)

UPDATE: please read full announcement here

Hi,

An announcement will be posted over weekend.

Kind Regards,
Chris


http://ltcgear.com/farm-payments/the-news/
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January 26, 2015, 07:53:12 AM
 #3551

Backup, for backup reasons.

Quote
The news

Hi,

Some explanations:

As discovered recently, starting several months ago, a focused series of attacks were executed on computer infrastructure connecting ltcgear with its users (website, database, and various layers behind).
The attacks were at beginning masked behind legit website utilization.
The attacks results ranged from DOS (denial of service) to more serious; creating fake shares or orders, or hijacking payment addresses (both for orders and share payments).
The attacks generated issues with payments, new asic, management and multiplications.
The methods used were not public knowledge at the time attacks started.
As about perpetrators, basically they were four kinds:
A. Attackers which were interested to hijack payments (both for orders and shares) and possible other occult agenda
B. Attackers which were interested to sell cheap shares to website users or sell service of order completion for a percent of real order value
C. Users which bought means for adding themselves free shares or complete themselves orders without payment to ltcgear
D. Attackers which were simply interested in service denial (e.g. denying Friday payment by starting a service denial attack).

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/

As about B and C type of attackers, ultimately users which benefited from such arrangements, once knowledge that they exist, were traceable.
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.

Or there are users which placed 20 orders, but only paid one which had a previous planted foreign address. They kept generating orders waiting to see the address they knew will return coins to them.
Or simply, users were logged doing direct address injection and then paying to foreign address in order to get orders completed and shares added to account.

About D type, in case of regular DOS (DDOS or variants), it’s usually hard to get the perpetrators without help from authorities and process is long by itself.
In case of denial of service based by computer unauthorized access, attackers are easier to be identified.

As about measures to be taken; in class A, interested third parties were alerted.
As about B and C users, it was very uncomfortable to discover this sort behaviour, unauthorized computer access and modifications are very serious offences in all civilized world. It was even more uncomfortable to find some of this users pushing to get paid for their illegitimate shares via social engineering forums (forums were also used to sell and buy illegitimate shares or means to get them), e-mail or other public interfaces.
For the moment there is no final decisions, the measures will range from private actions to publishing list of users and alerting local authorities.
As for type D, the infrastructure will be fixed to mitigate those sorts of attacks.

As a note, there were attacks which moved beyond public infrastructure, but for the moment this won’t be detailed.

About legit payments

First of all, there was no way to perform payments once it was discovered that fake shares and orders were present in database (and backups) before database was cleaned.
Soon it was discovered, that there is no way to continue to pay weekly since the D class attacks simply interrupted each attempt of payment in December and January by generating various types of DOS.
The payments were moved to user balance and withdraw on demand. At this moment the payments are functional for a percent of users and will become functional gradually for entire database of legit users.
And one last thing it was no way to quantize and implement with database corrupted, shares have attached a maintenance tax which is paid “at the end of the year”. We are in the new year already so users will also find attached to account tax value and means to pay it.

The new ASIC

The new ASIC delivery date is now moved to February based on delays and issues induced by attackers.

Kind Regards,
Chris
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January 26, 2015, 07:57:27 AM
 #3552

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.   
dyask
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January 26, 2015, 08:00:25 AM
 #3553

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. 
Warbigold
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January 26, 2015, 08:23:42 AM
 #3554

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.
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January 26, 2015, 08:50:09 AM
 #3555

Beside those attack things...

No one was able to sell his shares after mid of december. Nobody received a payment after mid of december. And instead of a sorry-bonus (customers are not responsible for service interruptions), he will now charge fees/a tax. Sure, it was announced before, that an unknown amount will be deducted as a fee. But after all what happened, he really wants to deduct a fee that he can set as high as he wants without any compensation for the overdue payments and missing ability to sell shares?

And you really think about buying more stuff???
Is it only as it is "Chris"? Imagine that would have happened with Gaw, Cex.io or any other company.
dyask
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January 26, 2015, 08:51:23 AM
 #3556

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.

qASIC (1st gen) shares are limited in the first place.  There will be the new 2nd gen shares.
dyask
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January 26, 2015, 08:52:57 AM
 #3557

Beside those attack things...

No one was able to sell his shares after mid of december. Nobody received a payment after mid of december. And instead of a sorry-bonus (customers are not responsible for service interruptions), he will now charge fees/a tax. Sure, it was announced before, that an unknown amount will be deducted as a fee. But after all what happened, he really wants to deduct a fee that he can set as high as he wants without any compensation for the overdue payments and missing ability to sell shares?

And you really think about buying more stuff???
Is it only as it is "Chris"? Imagine that would have happened with Gaw, Cex.io or any other company.

I think the best thing about the maintenance tax is it will weed out a lot of users.   
erwin45hacked
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January 26, 2015, 08:55:24 AM
 #3558

where to see this tax value?


so let me be clear

instead of getting payment now he wants us to pay for the tax?
jawitech
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January 26, 2015, 09:07:09 AM
 #3559

where to see this tax value?

so let me be clear

instead of getting payment now he wants us to pay for the tax?

Probably as high as the missing payments   Undecided
And like I said, he only mentioned tax. No kind of compensation for the downtime.
Warbigold
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January 26, 2015, 09:22:36 AM
 #3560

where to see this tax value?

so let me be clear

instead of getting payment now he wants us to pay for the tax?

Probably as high as the missing payments   Undecided
And like I said, he only mentioned tax. No kind of compensation for the downtime.

Seriously ? i was going to pay the tax with the missing payments but there's no compensation ?
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