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Author Topic: I am developing this: http://www.pyramining.com/  (Read 12389 times)
zyk
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June 23, 2012, 07:18:04 PM
 #81

OK guys i checked it out with 3 accounts...deposited 10, 2, 2 bitcoins....the program is really beautyfully designed and set up...so kudos to the scheme inventor...well done....

its a cool idea to get some return for just holding bitcoins and of course anonymously....but - doing the math...i got about 1 cent per 10 bitcoins invested per day as reward (10 % bonus pyramid included), which means 30 cents in a month - so in three months i may get my first payout of 1 BC to the payout adress - all in all that would put the break even out to 2 and a half years from now.....not like stated to 8 months...the huge problem is that difficulty already doubles next year so earnings will be halved.....
the hashing power is still at 7,5 MHz per BC.....  all still ok as risky investment with the chance of more participants...

but and now the scam as i understand it:

your principle is gone! once sent you can´t get it back!...its invested in the hardware and electricity may be....the illusion of getting back your hard earned and transfered bitcoins may last 2 years because some cents are popping up in your " pending rewards " account, still your money will be mostly gone!!

check it out yourself

http://pyramining.com/referral/fg4zn2ayr

Cheers Zyk
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Raoul Duke
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June 23, 2012, 07:30:40 PM
 #82

OK guys i checked it out with 3 accounts...deposited 10, 2, 2 bitcoins....the program is really beautyfully designed and set up...so kudos to the scheme inventor...well done....

its a cool idea to get some return for just holding bitcoins and of course anonymously....but - doing the math...i got about 1 cent per 10 bitcoins invested per day as reward (10 % bonus pyramid included), which means 30 cents in a month - so in three months i may get my first payout of 1 BC to the payout adress - all in all that would put the break even out to 2 and a half years from now.....not like stated to 8 months...the huge problem is that difficulty already doubles next year so earnings will be halved.....
the hashing power is still at 7,5 MHz per BC.....  all still ok as risky investment with the chance of more participants...

but and now the scam as i understand it:

your principle is gone! once sent you can´t get it back!...its invested in the hardware and electricity may be....the illusion of getting back your hard earned and transfered bitcoins may last 2 years because some cents are popping up in your " pending rewards " account, still your money will be mostly gone!!

check it out yourself

http://pyramining.com/referral/fg4zn2ayr

Cheers Zyk

OK, I looked at yours, now you look at mine.

http://www.pyramining.com/account/browse?id=s9q3bxy8

Joined:   2012-05-10 12:33:57 UTC
What do you have to say about it?

zyk
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June 23, 2012, 09:34:00 PM
 #83

after 5 days its even less than 1 cents a day......

if you recieve 1 BC per day with your 10,23 BC deposited then i´d love to give my 10 coins to you and we share the gain fifty - fifty , you would get 50 cents and no risk....

done ?    if not there is something rotten in Denmark

Cheers Zyk
Raoul Duke
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June 23, 2012, 09:39:50 PM
 #84

after 5 days its even less than 1 cents a day......

if you recieve 1 BC per day with your 10,23 BC deposited then i´d love to give my 10 coins to you and we share the gain fifty - fifty , you would get 50 cents and no risk....

done ?    if not there is something rotten in Denmark

Cheers Zyk

I'm not sure how you would give me your 10 BTC given that you already deposited them in your account Tongue

How about you get some referrals that deposit some real money?
I'm getting 1 BTC/day not because of the 10 BTC I deposited but because of what my referrals deposited.

zyk
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June 24, 2012, 12:55:36 AM
 #85

Let me see if I understand this correctly.  Please correct me if I am wrong here.

If you deposit 10 BTC using a referral code then you will eventually be paid 11 BTC and then your account is done and it goes away.  That is it. If you deposit 100 BTC with a code and do nothing else you will eventually be paid 110 BTC then your account closes.

You are not making 10% a day, or 10% a week or even 10% a year.  You are making 10% on your money no matter how long (or short) it takes.

If you want a higher yield then you get people to sign up under you.  Adding more money to your account or opening more accounts does not improve the yield.  Well you can open new accounts under your own account to get a better yield - but let's set that aside for the moment.

Now on the front page it states that the current estimate is that you will get your money plus interest back in about 9 months.  Things can and will change so it may take a longer or shorter time.  Probably longer.  Let's say it takes 10 months (to make my math easier).  Then you will make 10% in 10 months so you will make 1% per month.

Better than a USD savings account but not quite as good as just about anything else in this list: https://bitcointalk.org/index.php?topic=81542.0

Of couser that all assumes that you just sit passively on your butt.  If you "work it" and get a lot of people to sign up under you then your yield can be fantastic.



Hi Burt,

ok thats it ,you got it....and how in detail did you sell your account to the rock?...or as i would like to buy their bonds instead?

Thanks Zyk
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June 29, 2012, 04:44:26 AM
 #86

I just joined and deposited 3 BTC Cheesy If anyone wants 5% more back use my referral links ^_^

Updated July 1st

http://pyramining.com/referral/mh8rsxzy7   2012-06-30 03:49:52 UTC   still active
http://pyramining.com/referral/9xkaymt3b   2012-06-29 15:31:44 UTC   still active
http://pyramining.com/referral/prh9gf3xn   2012-06-29 04:37:26 UTC   still active
http://pyramining.com/referral/nb96rghtd   2012-06-29 04:37:26 UTC   still active
http://pyramining.com/referral/ragqst8d9   2012-07-02 13:36:28 UTC   still active

Donation: 1D6GzDPbDfZUw9Xs5v9hnXkD6ULx8A85T1
John (John K.)
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Will read PM's. Have more time lately


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July 04, 2012, 03:09:38 PM
 #87

Merged with other pyramining posts.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

RHA
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July 04, 2012, 11:20:14 PM
 #88

The name is unfortunate and referral scheme also scares away many people.

The rules are resonable, the outcome is better than in bank.
It is a bit similar to buying a part of mining rig, but the outcome stops after returning eg. 110% of your investment - unlike real mining rig.
The Pyramining owner takes the rest from still running equipment - after 10 months the machine mines for him.
bravetheheat
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July 05, 2012, 01:16:04 AM
 #89

The Pyramining owner takes the rest from still running equipment - after 10 months the machine mines for him.

Perhaps, but one could always deposit more, and keep an account 'permanently' active.  Wink
zyk
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July 15, 2012, 11:35:35 AM
 #90

its great and just a few moments away for doubling rewards......


better to copy and paste those brand new refferals in your browser url and just type in your desired payout adress


http://www.pyramining.com/referral/b2rcfzh7n          2012-07-14    19:28:00 UTC   still active

http://www.pyramining.com/referral/9f8sgahpn


the train is leaving the station hop on and watch the doubling live Cheesy


Cheers Zyk
John (John K.)
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Will read PM's. Have more time lately


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July 15, 2012, 05:28:51 PM
 #91

It seems that there's a lot of users spamming the newbie board with pyramining links..

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

zyk
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July 15, 2012, 05:43:04 PM
 #92

Poooonnnnziiiii scheeeeemmmeeee



no its not  !!!!  even the herodog can and should attest to that pyramining is kicking ass of mining bonds ......

of course its about his trustworthiness tooo....when the hash rate is not getting past 14 MH/BTC i guess he is just changing the new infrastructure in his private farm and

putting his old equipment in pyramining....but then again there is Eliades where you can take your money back if he is not delivering as promised.....in mining bonds you loose principal

therefore the train leaves the station:

see for yourself:

http://www.pyramining.com/referral/9f8sgahpn   2012-07-14 19:28:00 UTC
   

http://www.pyramining.com/referral/chfpdk2ry   2012-07-14 19:28:00 UTC


Cheers Zyk
Raoul Duke
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July 15, 2012, 05:51:12 PM
 #93

Yes, beeing able to post my referrals is one of the reasons I have joined the forum.


<moderator>
This doesn't bode well for you, admitting you joined the forum to spam referral links.
You better take it easy, ok?
</moderator>

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July 15, 2012, 06:30:15 PM
 #94

I'm not saying pyramining is a scam or even that you should not try it. But IMO the fact that your inquiry only elicited a bunch of referral spams should at the very least be reason for caution and further investigation before you try it. I actually looked into this a while back, and while it isn't really a pyramid scheme (since it is at least backed up by real mining), there was still an element of the business model that seemed a little abracadabra to me. If you search through the thread linked below, you can see my queries and the answers given - this will at least give you a starting point for your own evaluation.

https://bitcointalk.org/index.php?topic=80820.0
zyk
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July 15, 2012, 06:47:06 PM
 #95

Yes, beeing able to post my referrals is one of the reasons I have joined the forum.


<moderator>
This doesn't bode well for you, admitting you joined the forum to spam referral links.
You better take it easy, ok?
</moderator>


Psy seems to be out of referals... Wink   sold out to Eliane ?  bad choice now when this morning pyramining went to 14MH/BTC while testing i guess

for not missing out and starting your tree with 10 %    post this in url of browser and watch it live yourself :


http://www.pyramining.com/referral/92cmbxnzh   


Cheers Zyk

Raoul Duke
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July 15, 2012, 06:58:21 PM
 #96

Yes, beeing able to post my referrals is one of the reasons I have joined the forum.


<moderator>
This doesn't bode well for you, admitting you joined the forum to spam referral links.
You better take it easy, ok?
</moderator>


Psy seems to be out of referals... Wink   sold out to Eliane ?  bad choice now when this morning pyramining went to 14MH/BTC while testing i guess

for not missing out and starting your tree with 10 %    post this in url of browser and watch it live yourself :


http://www.pyramining.com/referral/92cmbxnzh   


Cheers Zyk



Not really. I still have my account. But I see no reason to be spamming all the threads with referral links.
You should probably slow it down also, zyk. Referral link spam is one of the few things that is against the forum policy. The 8 posts you made today were all spamming your referral links. That might get you a ban Wink

Sherkel
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July 15, 2012, 07:01:58 PM
 #97

Yes, beeing able to post my referrals is one of the reasons I have joined the forum.


<moderator>
This doesn't bode well for you, admitting you joined the forum to spam referral links.
You better take it easy, ok?
</moderator>


Psy seems to be out of referals... Wink   sold out to Eliane ?  bad choice now when this morning pyramining went to 14MH/BTC while testing i guess

for not missing out and starting your tree with 10 %    post this in url of browser and watch it live yourself :


http://www.pyramining.com/referral/92cmbxnzh   


Cheers Zyk



Not really. I still have my account. But I see no reason to be spamming all the threads with referral links.
You should probably slow it down also, zyk. Referral link spam is one of the few things that is against the forum policy. The 8 posts you made today were all spamming your referral links. That might get you a ban Wink
Better yet, use your sig and make useful posts that make you seem credible and deserving of a referral. It saves clutter, and better yet requires even less effort.

What do you get when you cross dominoes and The Matrix?
<A dominatrix!>
zyk
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July 15, 2012, 08:24:55 PM
 #98

Yes, beeing able to post my referrals is one of the reasons I have joined the forum.


<moderator>
This doesn't bode well for you, admitting you joined the forum to spam referral links.
You better take it easy, ok?
</moderator>


Psy seems to be out of referals... Wink   sold out to Eliane ?  bad choice now when this morning pyramining went to 14MH/BTC while testing i guess

for not missing out and starting your tree with 10 %    post this in url of browser and watch it live yourself :


http://www.pyramining.com/referral/92cmbxnzh   




Cheers Zyk



Not really. I still have my account. But I see no reason to be spamming all the threads with referral links.
You should probably slow it down also, zyk. Referral link spam is one of the few things that is against the forum policy. The 8 posts you made today were all spamming your referral links. That might get you a ban Wink


may i remind you :


psy
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Re: I am developing this: http://www.pyramining.com/
May 10, 2012, 12:39:05 PM
  #19
Let's wait. Just joined also.
I love this pyramid shit. On the bitcoinpyramid I deposited 0.44 BTC when it started and got back almost 2 BTC. lol

If someone wishes, here is a referal link so you can earn 5% more bonus
http://www.pyramining.com/referral/px7s92ec3
http://www.pyramining.com/referral/g4mkzd7pt
http://www.pyramining.com/referral/7syzg89h3
http://www.pyramining.com/referral/qhya4emtz
http://www.pyramining.com/referral/2z6m43xd

Ask me for a link by PM if the link above is not valid anymore and I'll gladly send you one!

Report to moderator  :


So you read my 8 posts and you very well recognized that there is a bit more in there than refferal spamming.....

Search for baning reasons ?? Wink

Want me to just STFU? Silence is golden... How much do you pay for mine? -->     

This time donate to

1PKWLXZVCmQWDcoFQoExAA5oCmueNSqv6p

please


Abraco companheiro

Zyk


Raoul Duke
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July 15, 2012, 08:47:50 PM
 #99

No, the only susbtance your posts have is hype.

And i don't ban anyone. But the administrators may do it.

If you're trying to compare the times I posted referral links with yours you'll see that I have less posts with referrals on the whole time in the forum than the 8 you made just today.

Also, I'm not your companheiro, ok? Save that for persons you know for real.

zyk
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July 15, 2012, 09:43:59 PM
 #100

No, the only susbtance your posts have is hype.

And i don't ban anyone. But the administrators may do it.

If you're trying to compare the times I posted referral links with yours you'll see that I have less posts with referrals on the whole time in the forum than the 8 you made just today.

Also, I'm not your companheiro, ok? Save that for persons you know for real.


Sei la cara.....achas melhor? 

Definitivamente percebi (entendi) que voce odeia mentiras ....attituda commun....diferencia e o ponto da vista do Hero e do newbie...
tb. o uso da palavra companheiro na lingua portuguesa .

conta dos referrals  :   Tu  24    Eu  11

como respeito a tua maneira de pyraminig propaganda  -   leia os meus posts de novo....2 sao hype...1 communica  e tres tem conteudo que os teus

nunca ousam de tratar.....a gente se completa ou va no thread pra se insultar ne?  Melhor donate to   1PKWLXZVCmQWDcoFQoExAA5oCmueNSqv6p

Abraco
Zyk

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