http://www.pyramining.com/ - Discussion thread (no advertising here)

[refaelsh]

SCAMMER

Why would You say such a thing without facts?
IMHO, You are wrong.

[bitpop]

Even if it was up, getting .001 per day would take years to get my investment back unless you build your pyramid.

When are payments even sent? I haven't received anything. How can we get a refund?

[refaelsh]

Even if it was up, getting .001 per day would take years to get my investment back unless you build your pyramid.

But You must have known all of the investments terms in the beginning!

[bitpop]

If these are the terms, whats the point??

[refaelsh]

If these are the terms, whats the point??

Every body has His own reasons for investing in Pyramining. As an example, here are mine:
1. I absolutely adore the concept of passive income from investments. I sit on My ass, and the money pours (or trickles).
In a none Bitcoin world I would invests in Dividend Growth Stocks.
2. One needs to keep in mind that Pyramining will be constantly investing in new mining hardware and the Complete Reward time should decrease over time and settle around a few month. This did not happened because Avalon ASIC was late with their delivery.

[bitpop]

Ok we'll see. But how would you feel if your dividend stocks only paid when you advertised them and got more investors?

[Akka]

Ok we'll see. But how would you feel if your dividend stocks only paid when you advertised them and got more investors?

That's not the point. You basically borrowed ~10Mh/s per BTC when you invested.

The difficult increased and now it takes very long. But as long as Pyramining keeps mining that's not a deal breaker.

The Referrals could be a little extra, but that's not the point.

I know it's hard to see that you get your investment back only very very slow, but everyone who read up what Pyramining is before blindly putting their money into this knew that would happen if the difficult increases.

You did look what it is before sending your money, did you?

[refaelsh]

Ok we'll see. But how would you feel if your dividend stocks only paid when you advertised them and got more investors?

I would be very angry indeed. But before suing them, I would check the facts carefully.

[Notanon]

Still beats having to trawl sites like bitvisitor nearly every day for easy coins without needing to mine anything yourself. And I would think it'd be naive to invest in something like Pyramining and expect a relatively quick return.

[gektek]

Waaaaaaaait a minute...so your telling me that there are places I can go, and give them my money, and they make it turn into a fortune overnight? Where the hell is this place cuz sign me the fuck up. Please excuse my language but I am constantly surprised by peoples stupidity when it comes to investing bitcoin. Its the same as cash...you invest...and you wait. Do I purchase a CD from a bank and expect to withdraw an interest check the next month? NO! You have to wait the full 6 months to a year just like everybody else. The difference here...Pyramining is NOT a bank. From what I understand, its a guy, running some computers, trying to make some money to live in this crazy ass little world. Does Pyramining owe any of us anything? FUCK NO! Anybody that deposited any coin into their Pyramining account is doing so on basically a gentleman's handshake of an agreement. I give Pyramining my coin and they give me a return...as it turns out after a very very long time. But Pyramining is hard at work making that time frame smaller...just like they have yet again stepped in and stated a few posts back. I think every page of the last 5 pages in this thread there is at least one post from Pyramining saying things are happening soon...and even giving dates that things should happen. I know everybody has a bad taste in their mouths from BFL and their releasing of hardware back in October (tee hee) but Pyramining is not BFL. Pyramining has gone out of their way to keep us updated and besides that...if you pay attention to the site...accounts ARE getting paid out so anybody saying Pyra is a scam really is just plain stupid.

I dunno...just another rant from an overly positive person who can't stand negativity in my community... Cuz this is a community people...remember that...bitcoins only exist because we say they do. If someone is nice enough to give you more of em...even if it does take a while...isn't the wait worth it? If not then I genuinely hope that you do not have a savings account. Do not invest in stocks. Do not recycle aluminum. Do not buy chocolate from your childs schools fundraiser. Do not put a penny in the penny jar at home. Because these are all the ways that people save/invest their funds on a daily basis and are no more or less of a gamble than Pyramining is. They are all money's being invested in your future...if you aren't ok with the risk...then keep your coins in your fucking wallet and gtfo!

Sorry for the harshness...just one of those mornings...

Jake

[ninjaboon]

I apologize for little comunication in these days, we're working really hard on the project. I have no news yet, and it's right, keeping asking won't speed up our work, it may just delay it a bit more.

MTGox issues today caused some trouble to Pyramining: bitcoin deposits are converted automatically and used to buy infrastructure and/or to fund ASIC development. Since MTGox API/services are down, also the GUI/provisioning interface stopped working.

Anyway no bitcoins are lost. No deposits are lost. Mining is keeping it's pace. Web services will be restored as soon as MTGox will become available again and hashing power to new deposit will be calculated at the rate of MTGox prices when it will be restored.

Many of you wrote several personal messages, I am going to answer everyone and process the queue withing tomorrow.

Maybe you can start mining PPcoins instead of Bitcoins now that difficulty for BTC is at all time high?

[Bitcoin!]

Many of you wrote several personal messages, I am going to answer everyone and process the queue withing tomorrow.

Are you goying to anwer me too? Been waiting for a while now!

[bitpop]

Of course they owe us something. Does burger king owe owe you a burger at the pickup window when you pay at the cashier window? Of course.

And how is this a good investment when it would take YEARS just to get the PRINCIPAL back? Dividend stocks give you the principal back the SAME DAY.

[gektek]

Of course they owe us something. Does burger king owe owe you a burger at the pickup window when you pay at the cashier window? Of course.

And how is this a good investment when it would take YEARS just to get the PRINCIPAL back? Dividend stocks give you the principal back the SAME DAY.

And where can you purchase dividend stocks with bitcoin?

[Smoovious]

Of course they owe us something. Does burger king owe owe you a burger at the pickup window when you pay at the cashier window? Of course.

And how is this a good investment when it would take YEARS just to get the PRINCIPAL back? Dividend stocks give you the principal back the SAME DAY.

And where can you purchase dividend stocks with bitcoin?

Pyramining isn't buying stocks tho, so, the whole comparison fails.

The terms are available to anyone who wants to read them, before you participate.

By participating, you agree to those terms.

Welcome to real life.

-- Smoov

[bitpop]

S.DICE but I don't trust them either

[tex83rb]

so is not possible to take deposit back before completion of investment?

[Smoovious]

so is not possible to take deposit back before completion of investment?

"completion of investment" is when you have been repaid your deposit plus the bonus.

That is done automatically to the address you gave for payments to go to.

-- Smoov

[JayCoin]

Pyramining does not hold bitcoin.  They trade it for fiat to buy hardware as soon as it is deposited.

[BobbyJo]

There are a couple of forum members who may buy your account, depending upon value etc.  They then change the payout address with Pyramining.  May be worth a go if you really need the BTC back.  They will obviously offer less than you put in though.