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Author Topic: http://www.pyramining.com/ - Discussion thread (no advertising here)  (Read 297155 times)
bitpop
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January 31, 2014, 07:38:14 PM
 #2241

To those whom are complaining about the way that pyramiding works... I must remind you of the most important rule of business it is CAVEAT EMPTOR which is Latin for buyer be ware. If you have sent btc to pyramining then the only way to get your money back is to wait for rewards to be paid out. If you claim that you were ignorant to this fact... Well I would remind you that you invested not understanding and that is no one's fault but your own.  

Otherwise I think pyramining is an excellent invest oppurtunity, but you must understand the dynamics of the btc market. Bottom line is if make investments based on the idea of making a killing than more often than not you will be disappointed.

Nice to see some progress happening, gj and gl pyramining. We are counting on you.

You must be very stupid to think this is a great opportunity.

Wrong, this is securities fraud. Prosecutors specifically mentioned mining contract investment fraud and vowed to prosecute in the new York virtual currency hearing.

I hope pyramining sits in federal prison for a very long time, then burns hell for eternity.

Pyramining, refund everyone before a federal grand jury indicts you. Prosecutors need high profile cases right now to scare people and you're up next. I've personally filed reports with the sec, dfs and irs.

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January 31, 2014, 07:43:44 PM
 #2242

To those whom are complaining about the way that pyramiding works... I must remind you of the most important rule of business it is CAVEAT EMPTOR which is Latin for buyer be ware. If you have sent btc to pyramining then the only way to get your money back is to wait for rewards to be paid out. If you claim that you were ignorant to this fact... Well I would remind you that you invested not understanding and that is no one's fault but your own.  

Otherwise I think pyramining is an excellent invest oppurtunity, but you must understand the dynamics of the btc market. Bottom line is if make investments based on the idea of making a killing than more often than not you will be disappointed.

Nice to see some progress happening, gj and gl pyramining. We are counting on you.

You must be very stupid to think this is a great opportunity.

Wrong, this is securities fraud. Prosecutors specifically mentioned mining contract investment fraud and vowed to prosecute in the new York virtual currency hearing.

I hope pyramining sits in federal prison for a very long time, then burns hell for eternity.

Pyramining, refund everyone before a federal grand jury indicts you. Prosecutors need big cases right now and you're up next. I've personally filed reports with sec, dfs and irs.

Under what law would they be brought up mister sideline lawyer? UHM Pirate isn't even in jail and he actually ran a scam. Pyramining is not a scam, it is based on the difficulty and that were most of you failed to listen too. You guy's eyes got too big and saw people make money and joined in without reading. Now learn your lessons.

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January 31, 2014, 07:46:53 PM
 #2243

The jury is going to love the pyramid scheme right in its name.

Do your part by reporting this to all the agencies you can.

Let's put pyra in federal prison.

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January 31, 2014, 07:53:25 PM
 #2244

The jury is going to love the pyramid scheme right in its name.

Do your part by reporting this to all the agencies you can.

Let's put pyra in federal prison.

You still didn't cite a law they have broke. You gave them your money, they brought mining equipment and hosted it. You didn't get your money back. The best you can do is write it off on your taxes.

Also guess what this happens in the stock market all the time! People invest the stock goes down, people don't get put in jail for under performing stocks. Otherwise the jails be even more crowd.

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January 31, 2014, 07:57:10 PM
 #2245

The jury is going to love the pyramid scheme right in its name.

Do your part by reporting this to all the agencies you can.

Let's put pyra in federal prison.

You still didn't cite a law they have broke. You gave them your money, they brought mining equipment and hosted it. You didn't get your money back. The best you can do is write it off on your taxes.

Also guess what this happens in the stock market all the time! People invest the stock goes down, people don't get put in jail for under performing stocks. Otherwise the jails be even more crowd.

They didn't buy shit. He stole all the Bitcoin.

You must be real high to think he has more than a couple miners. Its a pyramid scheme, says so right in its name. He pays back 1% and will disappear soon.

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January 31, 2014, 07:58:54 PM
 #2246

I believe pyramining is in Italy.

Hello There!
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January 31, 2014, 07:59:36 PM
 #2247

I believe pyramining is in Italy.

I wonder if they extradite.

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January 31, 2014, 08:00:45 PM
 #2248

Wrong, this is securities fraud. Prosecutors specifically mentioned mining contract investment fraud and vowed to prosecute in the new York virtual currency hearing.

You don't even know what you are talking about.

It's very sad that despite my efforts and time dedicated to this project, there are still people who shout out random bad words in such a way. I also put a lot of my personal funds in this.

First of all, it's written clearly that money is converted and invested and that there is no way to reverse the process. The hashrate advertised at the moment of the deposits has always been added to the pool, and the reason why many accounts are not completed yet is because mining difficulty rose to unexpected levels. The project is not "closed" and I am still committed and striving to obtain more and more hashing power at the lowest cost possible.

Moreover, the entire process is explained in the homepage and in the F.A.Q., so people who invest without reading should not complain after... I will update the site descriptions in the hope that people will read it more carefully.
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January 31, 2014, 08:02:34 PM
 #2249

You must be real high to think he has more than a couple miners. Its a pyramid scheme, says so right in its name. He pays back 1% and will disappear soon.

Several people came in person and visited the premises with all the hardware. Please, stop writing nonsense.
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January 31, 2014, 08:02:39 PM
 #2250

Wrong, this is securities fraud. Prosecutors specifically mentioned mining contract investment fraud and vowed to prosecute in the new York virtual currency hearing.

You don't even know what you are talking about.

It's very sad that despite my efforts and time dedicated to this project, there are still people who shout out random bad words in such a way. I also put a lot of my personal funds in this.

First of all, it's written clearly that money is converted and invested and that there is no way to reverse the process. The hashrate advertised at the moment of the deposits has always been added to the pool, and the reason why many accounts are not completed yet is because mining difficulty rose to unexpected levels. The project is not "closed" and I am still committed and striving to obtain more and more hashing power at the lowest cost possible.

Moreover, the entire process is explained in the homepage and in the F.A.Q., so people who invest without reading should not complain after... I will update the site descriptions in the hope that people will read it more carefully.

You'll have your day in court. Take care.

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January 31, 2014, 08:04:23 PM
 #2251

You must be real high to think he has more than a couple miners. Its a pyramid scheme, says so right in its name. He pays back 1% and will disappear soon.

Several people came in person and visited the premises with all the hardware. Please, stop writing nonsense.

So explain .07 btc return on 1.5 in over a year? That's 4%
You can make more with a usb miner

Did your little bitch gweedo tip you off? Because you're never here.

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January 31, 2014, 08:06:04 PM
 #2252

I wonder why the prosecutors specifically mentioned mining contracts. Maybe you? Or ghash, idk. We'll see.

I'm guessing both, since you probably pocket 90% and invest 10% at ghash to keep things on the "up and up"

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January 31, 2014, 08:23:48 PM
 #2253


It is not a scam. Everything is explained. It is just the one of the worst investment you can do with your Bitcoins.

It's people fault if they cannot read and do some research.

It is worst than being scammed because with a scam you have an excuse. Pyramining is a sort of genius. I wish I could do the same.

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January 31, 2014, 08:33:14 PM
 #2254

Did your little bitch gweedo tip you off? Because you're never here.

Wow someone is mad... First off I don't have the mine shaft number so no LOL Don't be mad you couldn't have lost that many coins, you did lose your other mined coins LMAO I love people who get made when they make stupid investments, I took a huge risk going on pyrmining on the second day of their operations, but it paid off big! and still paying out! Thank you paymining LMAO

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January 31, 2014, 09:11:28 PM
 #2255

I am going to suspend new account creation until the deposit queue will be empty.
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January 31, 2014, 10:51:09 PM
 #2256

i understand this is a difficult situation

but when you say ....the unexpected rise of the hashing power...

anyone with a pretty basic knowledge can see this coming ...and you need to be prepared. Keeping the coins there , wont help anyone.

Especially you , and then the sad customers that feel like this is a scam


Before making a deposit, check the "Queue size" on the upper right table. Deposits are queued, and they become active when it's their turn, on a first-arrived-first-served basis. If the queue size power shows "0", then the deposit will become active immediately. Never invest more than you can afford to lose.

on the website ...thats the info that you find regarding deposits. You are never told that once you fund you account , you can not whit-draw , until the sys generates payouts.

Its a incomplete piece of information , that creates so much confusion and discussion here , when you can have the option to just whit-draw the coins that are currently in Q and registration should start when hasing power is available.

i think thats pretty transparent and it creates a leverage for the customer too.

www.ic3.gov/‎ has already over a few hundreds of complains for this site.

i hope this works out fine for all of us Sad(


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January 31, 2014, 11:10:00 PM
 #2257

anyone with a pretty basic knowledge can see this coming ...and you need to be prepared. Keeping the coins there , wont help anyone.

Coins have never been "kept there". They have always been invested in the quickest and better way available at that moment.
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January 31, 2014, 11:22:29 PM
 #2258

As soon as I will receive the new chips there will be more than 30TH/s available, and the size could be further expanded. Please be patient.
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February 01, 2014, 12:20:27 AM
 #2259

oh nice pyra ...so you made a good investment in those chips ...good for you
guess you don't need 5.9TH in pending coins if 30 TH are coming.
people who really believe this will return !

be transparent if you dont have anything to hide
waiting for Q refund option , pls
thank you very much

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February 01, 2014, 12:22:10 AM
 #2260

Hi pyramining,

Those of us who have been invested with you a while know the score.  It's not a great situation, especially since the coins are worth so much more than they used to be, but the majority of us know you generally do your best to keep this working.

Ignore the couple of utter pricks in here posting stupid threats for the trolls they are.  Literally, put them on ignore.

I do agree with Krash though that better wording on the site would go a long way to stopping some of the more repetitive questions on here.  It's probably good for everyone if you update that.

Aside from that, just check in more often.  A lot of us have some decent money invested here now (after the price rise) so a weekly checkin at least would be a good idea, even if you don't have much to say.
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