zyk
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June 23, 2012, 07:18:04 PM |
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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/fg4zn2ayrCheers Zyk
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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June 23, 2012, 07:30:40 PM |
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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/fg4zn2ayrCheers Zyk OK, I looked at yours, now you look at mine. http://www.pyramining.com/account/browse?id=s9q3bxy8Joined: 2012-05-10 12:33:57 UTC What do you have to say about it?
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zyk
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June 23, 2012, 09:34:00 PM |
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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
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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June 23, 2012, 09:39:50 PM |
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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 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.
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zyk
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June 24, 2012, 12:55:36 AM |
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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=81542.0Of 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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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
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July 04, 2012, 03:09:38 PM |
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Merged with other pyramining posts.
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RHA
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July 04, 2012, 11:20:14 PM |
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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.
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bravetheheat
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July 05, 2012, 01:16:04 AM |
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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.
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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
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July 15, 2012, 05:28:51 PM |
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It seems that there's a lot of users spamming the newbie board with pyramining links..
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zyk
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July 15, 2012, 05:43:04 PM |
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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
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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July 15, 2012, 05:51:12 PM |
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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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Dargo
Legendary
Offline
Activity: 1820
Merit: 1000
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July 15, 2012, 06:30:15 PM |
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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
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zyk
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July 15, 2012, 06:47:06 PM |
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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... 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
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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July 15, 2012, 06:58:21 PM |
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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... 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
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Sherkel
aka Tombstoner
Full Member
Offline
Activity: 131
Merit: 100
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July 15, 2012, 07:01:58 PM |
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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... 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 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.
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What do you get when you cross dominoes and The Matrix? <A dominatrix!>
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zyk
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July 15, 2012, 08:24:55 PM |
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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... 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 may i remind you : psy Moderator Hero Member Posts: 3567 The Bitcoin PIIGgyBank Ignore 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/px7s92ec3http://www.pyramining.com/referral/g4mkzd7pthttp://www.pyramining.com/referral/7syzg89h3http://www.pyramining.com/referral/qhya4emtzhttp://www.pyramining.com/referral/2z6m43xdAsk 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 ?? Want me to just STFU? Silence is golden... How much do you pay for mine? --> This time donate to 1PKWLXZVCmQWDcoFQoExAA5oCmueNSqv6p please Abraco companheiro Zyk
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Raoul Duke
aka psy
Legendary
Offline
Activity: 1358
Merit: 1002
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July 15, 2012, 08:47:50 PM |
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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.
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zyk
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July 15, 2012, 09:43:59 PM |
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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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