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

[damiano]

Very interesting theory. Might be true? Or partially true.

https://litecointalk.org/index.php?topic=22433.msg249302#msg249302

That's pretty well thought out if you ask me.  The reducing payments via the tax also makes a lot of sense. 

[sluppy]

Very interesting theory. Might be true? Or partially true.

https://litecointalk.org/index.php?topic=22433.msg249302#msg249302

That's pretty well thought out if you ask me.  The reducing payments via the tax also makes a lot of sense. 

First off the tax is bullshit .. when i bought it said 1 year included .

Now if its a question of him closing down and just taking my money and miners and saying bbye ,, ofcourse id rather pay a tax then have that happen but Id like to see the actual numbers.
How much was stolen where did it go little questions like that.
And lets be fair its not a maintenance fee tax its a ooops i fucked up plz help me out tax.

[damiano]

Very interesting theory. Might be true? Or partially true.

https://litecointalk.org/index.php?topic=22433.msg249302#msg249302

That's pretty well thought out if you ask me.  The reducing payments via the tax also makes a lot of sense. 

First off the tax is bullshit .. when i bought it said 1 year included .

Now if its a question of him closing down and just taking my money and miners and saying bbye ,, ofcourse id rather pay a tax then have that happen but Id like to see the actual numbers.
How much was stolen where did it go little questions like that.
And lets be fair its not a maintenance fee tax its a ooops i fucked up plz help me out tax.

A lot of things such as what you suggested should be done.  Will it happen?  Probably not.

[david123]

Is someone watching the other forums (ltctalk, ltcgeartalk)? I lack
the time to do so.. Someone knows if interesting news popped out over there?

[ComaWombat]

Very interesting theory. Might be true? Or partially true.

https://litecointalk.org/index.php?topic=22433.msg249302#msg249302

* Word has spread about his operation and he gets slammed with orders. Much more than he can cover.

* Chris did not plan on getting so many new shareholders


Chris was the one who started selling loads of new shares instead of trickling them out slowly like he did before. How can he be surprised about what he deliberately did himself? So that must be BS.

[ThinkI]

It would make more sense to buy up accounts at a deep discount and never pay out to them. You could reboot the whole scheme if that is what it is.

[Ignition75]

It would make more sense to buy up accounts at a deep discount and never pay out to them. You could reboot the whole scheme if that is what it is.

I was thinking that as well, Chris should go around scooping up lots of accounts cheap, save himself a fortune.

[siampumpkin]

It would make more sense to buy up accounts at a deep discount and never pay out to them. You could reboot the whole scheme if that is what it is.

I was thinking that as well, Chris should go around scooping up lots of accounts cheap, save himself a fortune.

Why would he do that? He took our money to build his Gen2 if they really exist and now just giving everyone a good FU and mining for himself and keeping all the coins.

[djkhaled]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

[jackbox]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Did you really expect an answer from him? He stole all our money. He is not giving it back to anyone.

[crazyivan]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

[Warbigold]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

"millions" you're overreacting a little don't you think ?

[jackbox]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

"millions" you're overreacting a little don't you think ?

No the figure is millions of dollars. That is accurate.

[crazyivan]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

"millions" you're overreacting a little don't you think ?

Am I? Let us say LTCgear s got 5000 users (It s got over 10k but let us be conservative). Let us say the average weekly payout per user is 0.5 BTC (it is way,way, above that, but let us be conservative again).

So, 5000*0.5 BTC = 2500 BTC per week

2500 * $220 (current BTC price) = $550k per week.

Currently he owes us 7 weeks of late payments

$550k * 7 = $3 850 000

Almost 4 MILLION USD. Again, this is all very conservative. The real debt is at least 2x that, so closer to 8 million USD.  

Now you come back and tell me he s going to pay us. Ha? Really?

[Warbigold]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

"millions" you're overreacting a little don't you think ?

Am I? Let us say LTCgear s got 5000 users (It s got over 10k but let us be conservative). Let us say the average weekly payout per user is 0.5 BTC (it is way,way, above that, but let us be conservative again).

So, 5000*0.5 BTC = 2500 BTC per week

2500 * $220 (current BTC price) = $550k per week.

Currently he owes us 7 weeks of late payments

$550k * 7 = $3 850 000

Almost 4 MILLION USD. Again, this is all very conservative. The real debt is at least 2x that, so closer to 8 million USD.  

Now you come back and tell me he s going to pay us. Ha? Really?

i can't tell you who is going to pay you but what i can tell you is that i don't care i leave in profit.

[crazyivan]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

"millions" you're overreacting a little don't you think ?

Am I? Let us say LTCgear s got 5000 users (It s got over 10k but let us be conservative). Let us say the average weekly payout per user is 0.5 BTC (it is way,way, above that, but let us be conservative again).

So, 5000*0.5 BTC = 2500 BTC per week

2500 * $220 (current BTC price) = $550k per week.

Currently he owes us 7 weeks of late payments

$550k * 7 = $3 850 000

Almost 4 MILLION USD. Again, this is all very conservative. The real debt is at least 2x that, so closer to 8 million USD.  

Now you come back and tell me he s going to pay us. Ha? Really?

i can't tell you who is going to pay you but what i can tell you is that i don't care i leave in profit.

I am in profit too but that does not mean I don't care for people who are not. Not to mention this scammer leaving with our money.

[djkhaled]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

Hah, the man stole millions and you contacted him and asked him to please help you out cause you need money urgently. Well, that should ve worked out well.
Where are you from, Wonderland? Are there elfs there?

i never expected a proper reply, it was just a test, i know the asshole has scammed us

[knightlife999]

I really think this could be happening:


"The point I was trying to convey in my theory yesterday:

Chris is stalling for some reason. Buying time.
If he was going to run, he would run. He isn't running at the moment. Just taking forever to do simple things.
Why, what is he waiting for? The only thing I can point to is Gen 2 chips. He is stalling until something happens.
Something he thinks will save the operation.

Plus, I have a feeling that he believes that if he just starts paying again, all will be forgiven. Judging by the way
many people talk on these threads, it looks like that is the case.

So Chris feels that if he just stalls until Gen2 is online, cuts down on what he owes with the "tax", and begins payments,
all will be well with the world.

If that is not the case, why doesn't he just run?"
https://litecointalk.org/index.php?topic=24209.msg249492#msg249492


Original post with his theory:
https://litecointalk.org/index.php?topic=24209.msg249299#msg249299


There are a few points that may not be accurate. Overall, I think it's possible.

[Warbigold]

I really think this could be happening:


"The point I was trying to convey in my theory yesterday:

Chris is stalling for some reason. Buying time.
If he was going to run, he would run. He isn't running at the moment. Just taking forever to do simple things.
Why, what is he waiting for? The only thing I can point to is Gen 2 chips. He is stalling until something happens.
Something he thinks will save the operation.

Plus, I have a feeling that he believes that if he just starts paying again, all will be forgiven. Judging by the way
many people talk on these threads, it looks like that is the case.

So Chris feels that if he just stalls until Gen2 is online, cuts down on what he owes with the "tax", and begins payments,
all will be well with the world.

If that is not the case, why doesn't he just run?"
https://litecointalk.org/index.php?topic=24209.msg249492#msg249492


Original post with his theory:
https://litecointalk.org/index.php?topic=24209.msg249299#msg249299


There are a few points that may not be accurate. Overall, I think it's possible.

We will see around mid/end February if this is true.

Edit : Not many peoples are gonna pay this tax unless it's cut directly from the litecoins he owns us.

[WEBcreator]

i wrote to chris (i assume it was him, he is from romania and the info matched up) on facebook and he blocked me straight away, i was not rude, i simply said "are you the man that runs ltcgear? if so please help me out, i need the money urgently." i really just wanted to see if he would reply, but he saw it and then 5 minutes later i was blocked

this really made my day, perhaps u could share it here so another 10 guy can come to him and ask santa claus chris to return their money, another proof he is a scammer i guess

if it isnt the real chris, one would just simply ignore this kind of inbox

imagine one guy suddenly messages me and ask hi, are you the man who run pbmining?i need my money lol

i would simply ignore that

but if I was the man who is really in charge of it then i would simply block this user

could you share a screen does this really happen?or is it just your imagination?