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Author Topic: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, Not paying!!!  (Read 361297 times)
Pistachio
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November 23, 2014, 03:04:56 AM
 #1281

In case anyone wants to exchange a few shares for a physical bitcoin, check out this auction https://bitcointalk.org/index.php?topic=867560.msg9612871#msg9612871. I am accepting LTCgear shares for payment at $3/btc per Mh.
geetash
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November 23, 2014, 04:32:21 AM
 #1282

Chris made some comments this morning on litecointalks about the mega pack and new gen chips.

Hi guys,

I am really sorry I dont visit this old nest more often, but I am busy running between EU and Asia.

About the 40K0 deal - its negative balance for us now, but will bring more customers next week. Also, some people rushed to reserve them, then they cancelled their orders so they were placed back in inventory.
The deal was created after discussion with some affiliate partners which will cover Black Friday week/day.
The new chip will be presented along with an offer to convert old shares (worst power consumption) to new shares (better power, multi coin but with an extra cost.)
This also explains why there is no request for contract renewal from our side.

Cheers,
Chris

ellave
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November 23, 2014, 07:52:14 AM
 #1283

Chris made some comments this morning on litecointalks about the mega pack and new gen chips.

Hi guys,

I am really sorry I dont visit this old nest more often, but I am busy running between EU and Asia.

About the 40K0 deal - its negative balance for us now, but will bring more customers next week. Also, some people rushed to reserve them, then they cancelled their orders so they were placed back in inventory.
The deal was created after discussion with some affiliate partners which will cover Black Friday week/day.
The new chip will be presented along with an offer to convert old shares (worst power consumption) to new shares (better power, multi coin but with an extra cost.)
This also explains why there is no request for contract renewal from our side.

Cheers,
Chris

Interesting
david123
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November 23, 2014, 11:18:03 AM
 #1284

About the 40K0 deal - its negative balance for us now, but will bring more customers next week.
Can someone explain what this shall mean? Is this to explain why there was quantity -1 showing up for the
40k0 pack or does he say that the shares were sold below the "production cost"??
eugene2878
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November 23, 2014, 11:38:36 AM
 #1285

About the 40K0 deal - its negative balance for us now, but will bring more customers next week.
Can someone explain what this shall mean? Is this to explain why there was quantity -1 showing up for the
40k0 pack or does he say that the shares were sold below the "production cost"??

The shares he sold are not backed up by hardware. So he sold them in advance to get money for new chips. This is my understanding, but I might be wrong.
david123
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November 23, 2014, 11:53:14 AM
Last edit: November 23, 2014, 12:51:05 PM by david123
 #1286

As for my sales: I sold most of what I wanted to sell, but I realized the last chunk will be difficult
because of my competitors offering the same price. Therefore I have to undercut and
sell @0.0084 per MHs. Will be online for a couple of hours now, PM me if you are interested.

Edit: I realize that many new users with restrictions on PM are buying shares, probably some
even signed up for buying. I will also answer to mails sent to [my username but with 12345 instead of 123]@hush.ai
bitdigger2013
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November 23, 2014, 01:08:46 PM
 #1287

I too will sell @ .00084 BTC/share
joboy84
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November 23, 2014, 01:14:36 PM
 #1288

Your prices are still too high if your purpose was to beat the others

https://litecointalk.org/index.php?topic=23200.0

Some are selling at 0.00080 btc/share
AizenSou
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November 23, 2014, 01:15:21 PM
 #1289

I too will sell @ .00084 BTC/share

Haha welcome to the race to the bottom. I told you before.
Well if there, go to buy at my friend's place for 0.008 BTC /share.

http://ltcgeartalk.net/index.php?topic=317.0

dyask
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November 23, 2014, 01:34:00 PM
 #1290

About the 40K0 deal - its negative balance for us now, but will bring more customers next week.
Can someone explain what this shall mean? Is this to explain why there was quantity -1 showing up for the
40k0 pack or does he say that the shares were sold below the "production cost"??

The shares he sold are not backed up by hardware. So he sold them in advance to get money for new chips. This is my understanding, but I might be wrong.

It could just mean the inventory is negative one right now because of the reserving and cancelling of orders.   It is really care what he meant for sure.
bitdigger2013
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November 23, 2014, 02:15:51 PM
Last edit: November 23, 2014, 02:31:43 PM by bitdigger2013
 #1291

I too will sell @ .00084 BTC/share

Haha welcome to the race to the bottom. I told you before.
Well if there, go to buy at my friend's place for 0.008 BTC /share.

http://ltcgeartalk.net/index.php?topic=317.0



Stop trolling my posts!! Smiley
AizenSou
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November 23, 2014, 03:43:07 PM
 #1292

I too will sell @ .00084 BTC/share

Haha welcome to the race to the bottom. I told you before.
Well if there, go to buy at my friend's place for 0.008 BTC /share.

http://ltcgeartalk.net/index.php?topic=317.0



Stop trolling my posts!! Smiley

Care to explain why should I troll your post ? I don't advertise my sell shamelessly like you did.
The market is quite saturated now with more resellers than buyers. All what you're trying to do it to compete who could sell lower.
Welcome to the free market. Competition is healthy for the buyers and I welcome it, but I don't disgrace myself lower.
cexylikepie
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November 23, 2014, 04:01:54 PM
 #1293

wtb shares at .008 each!
boy2k
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November 23, 2014, 05:05:40 PM
 #1294


buying at 0.007
AizenSou
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November 23, 2014, 05:14:22 PM
 #1295


buying at 0.007

haha my friend I know that you just want to joke Wink
If someone's interested in selling at 0.007 pm me, I will buy in bulk. LOL
david123
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November 23, 2014, 05:14:30 PM
 #1296


buying at 0.007
Sure, me too  Cheesy Cheesy
ellave
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November 23, 2014, 08:57:17 PM
 #1297

Did I miss something, why is everyone selling off there shares?  Or are these people the bought a Megapack so then selling them off in smaller chunks for profit?
brightemo
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November 23, 2014, 09:01:26 PM
 #1298

Did I miss something, why is everyone selling off there shares?  Or are these people the bought a Megapack so then selling them off in smaller chunks for profit?

Hoping its the latter!
david123
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November 23, 2014, 09:36:18 PM
 #1299

About the 40K0 deal - its negative balance for us now, but will bring more customers next week.
Can someone explain what this shall mean? Is this to explain why there was quantity -1 showing up for the
40k0 pack or does he say that the shares were sold below the "production cost"??

The shares he sold are not backed up by hardware. So he sold them in advance to get money for new chips. This is my understanding, but I might be wrong.
At first, I didn't like this interpretation. Chris admits selling shares that aren't backed up by any HW, hmm, not  good. But now it's really charming, like a revenge for bfl and all the preorder scammers: we customers get payouts in advance for miners which aren't yet produced. Sound great to me Cheesy
ellave
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November 23, 2014, 10:29:15 PM
 #1300

Anyone know if Affiliate purchases are still working?  Anyone had somebody purchase last few hours?
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