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Author Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁  (Read 323707 times)
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AirWolf
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March 22, 2015, 01:13:51 PM
 #881

Puppet, you hypocrite and accomplice, bear the shame and guilt to have misled many people that truly believed in your word, and you will bear that forever if you have a little decency on you.

The least you could do is return the tips the people has sent to you, including mine.

HAVELOCK ROBBED ME MORE THAN 170BTC - BEWARE OF THIS THIEVES!
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March 22, 2015, 04:16:02 PM
 #882

Dont confuse your inability to read with me misleading anyone. Nothing I wrote about AMhash was or is incorrect. Anyone who trusted and followed my advice has not lost a satoshi.

And coming from someone who grossly insulted anyone warning pbmining customers, who proclaimed to have gotten 170 BTC from that scam, its a bit rich to accuse me of anything.

Oh, and your gigantic $5 or whatever donation Ill gladly donate to all miners as a transaction fee whenever I feel like syncing my wallet again, but there is no chance in hell Im sending you a satoshi.
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March 22, 2015, 05:10:39 PM
 #883

Puppet, you hypocrite and accomplice, bear the shame and guilt to have misled many people that truly believed in your word, and you will bear that forever if you have a little decency on you.
What did he do? Claim a specific operation was illegitimate and that turned to be honest?
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March 22, 2015, 06:17:18 PM
 #884

Exactly. kryptologika.com is a one of them.

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March 22, 2015, 07:40:49 PM
 #885

Wanted to share my experience with HashOcean here. It is rare to see a positive message when it comes to any cloudhashing sites it seems. I am a customer of HashOcean . I tried them first to include doing the guaranteed refund process they offer. I invested 2btc total over a 3 week period. A week after I asked for a refund as I didn't like the service. My 2btc was back in my wallet within 24 hours of my request.
I am now reinvesting into the service and recommend people give them a try. If nothing else go get the 15kh/s they give away free and just let it collect you some btc slowly over time or let it build more hash .

[link]

Yes it is a referral link or you can simply go to: http;//hashocean.com if your not into using referral links.


This is more like asking people to join the scam factory instead of giving them a review, and i found this very weird, why do you asked for a refund and then reinvest them back as you dont like their services?this is a very fake vouches and a ponzi is still a ponzi no matter if you actually gain profit from the site

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BombaUcigasa
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March 22, 2015, 09:14:57 PM
 #886

Exactly. kryptologika.com is a one of them.
Quote
Kryptologika          1+2+3+4+*          => */7 = Ponzi -> passthrough of AMhash which is defunct. Currently operating as fractional reserve/ponzi.
Quote
At the start, the maintenance fees have been as low at $0.11 per GH/s (denominated in Polish zloty) per month. The good news is that this is also changing for the benefit of the users, starting in September. A 2% reduction of fees was offered to Kryptologika users due to an increasing client base and availability of better pricing in China.
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Kryptologika since the beginning has used many services always looking for the best prices. Before that we mined on our own equipment, at various stages used different providers.
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Amhash problem does not affect kryptologika in a scale that would require suspending operations or any emergency communication.
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So basically we are buying GH/s for 0.0012 and offering them at kryptologika making profits on the price difference and maintenance difference.
At the moment we have 4180.00 GH/s on hashie.co  
to verify that you have to enter my e-mail address here:
http://amhash.com/hashie/index.php
Quote
The remaining 382GH/s is still on hashnest as I was not able to sell all the GH/s there.
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You see we have not promised to buy back at fixed prices should the shares be falling like stones. It is entirely up to our customers to decide.
Quote
So basically if you are buying shares in kryptologika you are also investing in physical silver.

This company is at a very high risk of ponzi default as I see the public discussions. They are 100% exposed. They just resell mining power, they don't seem to have actual miners. If hashnest goes down as well, they have 0 production. But hey, at least they have silver... which you purchased along with your share already ... or something...

So no, Kryptologika is ponzi as fuck!
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March 22, 2015, 10:48:03 PM
 #887

Puppet, you hypocrite and accomplice, bear the shame and guilt to have misled many people that truly believed in your word, and you will bear that forever if you have a little decency on you.
What did he do? Claim a specific operation was illegitimate and that turned to be honest?

Puppet's claims were actually spot on most of the times. He was really cautious with using the word "legit". I wish he could start updating OP again. Smiley














 

 

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armedmilitia
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We're going to need a bigger heatsink.


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March 22, 2015, 11:54:53 PM
 #888

Found another one. Don't touch it with a ten foot pole.
https://www.miningsweden.se
Terrible website design too, the guy who came up with this can't spell.

Always use escrow. OgNasty is pretty sweet.

Help me out with compiling a list of mining datacenters!
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March 23, 2015, 12:25:03 AM
 #889

Found another one. Don't touch it with a ten foot pole.
https://www.miningsweden.se
Terrible website design too, the guy who came up with this can't spell.

Its a scam in my opinion, there are people already claiming that they lost their money and ROI in just 45 days? LoL they invented a super miner..
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March 23, 2015, 05:14:13 AM
 #890

I just found another ponzi cloud mining
10percentbtc.com - Bitcoin Cloud Mining

It's obvious this site is scam / ponzi
But, some newbies might fall into this Sad

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March 23, 2015, 06:11:55 AM
 #891

I just found another ponzi cloud mining
10percentbtc.com - Bitcoin Cloud Mining

It's obvious this site is scam / ponzi
But, some newbies might fall into this Sad

Basically a copy of scrypt.cc:

https://bitcointalk.org/index.php?topic=978533.msg10681523#msg10681523

▓▓▓▓    New Real-time Cryptocurrency Exchange             → CREATE  ACCOUNT ▓▓▓▓
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▓▓▓▓    Supported Currencies: BTC, LTC, USD, EUR, GBP → OFFICIAL THREAD ▓▓▓▓
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March 23, 2015, 08:21:05 AM
 #892

Quote
This company is at a very high risk of ponzi default as I see the public discussions. They are 100% exposed. They just resell mining power, they don't seem to have actual miners. If hashnest goes down as well, they have 0 production. But hey, at least they have silver... which you purchased along with your share already ... or something...

So no, Kryptologika is ponzi as fuck!
First ponzi is when you take money from customers and pay them the dividends from the money from the  new ones. This is not the case with ourselves. Secondly it is not possible (or practical) to run ponzi lilke that based on fractional mining because the difficulty is not going up as hell and in the long/medium term you will just loose your coins (unless of course the number of new clients would be rising geometrically). We have always been and still are using diversified sources of hashing power: at the very beginning it was our own miners, then chinese private undertaking then various  other offers on the market with a view to pick the best offer. Either way we did not collapse nor we did not let down our customers as Puppet wished which I understand must be very frustrating to him and his acolytes.

We are the only offer on the market that offers residual value of the hashing power but not in dollars but in physical silver in the form of well recognized coins like American Eagles and Weinner Philharmonikers. Apart from that there are 0% trading fees.

And I will repeat it on every occasion someone is spreading lies and misinformation on my project here or elsewhere.

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March 23, 2015, 10:52:49 AM
 #893

this website is reliable ?

https://hashocean.com


on hashnest better ?

" I tie a rope around my penis and jump from a tree "
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March 23, 2015, 11:00:34 AM
 #894

Quote
First ponzi is when you take money from customers and pay them the dividends from the money from the  new ones. This is not the case with ourselves.

Prove it. Prove you have the hashrate. You have provided evidence to me once you once owned AMhash, but we all know what thats worth now. As long as you dont prove you have other hashrate, you belong to be on the list among the other ponzi's.
Besides, even if you do own hashrate elsewhere and act as a passthrough, its always going to be a higher risk, because you double the points of failure and your customers can not gauge the risk of whatever it is you are passing through. Could very well be another ponzi.

Quote
Secondly it is not possible (or practical) to run ponzi lilke that based on fractional mining because the difficulty is not going up as hell

Giant revelation: ponzi's are not sustainable.

Quote
and in the long/medium term you will just loose your coins

More likely, your two and a half customers end up losing coins.
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March 23, 2015, 12:34:34 PM
 #895

Quote
This company is at a very high risk of ponzi default as I see the public discussions. They are 100% exposed. They just resell mining power, they don't seem to have actual miners. If hashnest goes down as well, they have 0 production. But hey, at least they have silver... which you purchased along with your share already ... or something...

So no, Kryptologika is ponzi as fuck!
First ponzi is when you take money from customers and pay them the dividends from the money from the  new ones. This is not the case with ourselves.
What happened to the money that went into AMhash mining power? Is it gone? Have you been reimbursed that money by AMhash and passed it back to your clients? Are you still paying clients as if that power were available? Did you lower your payout or heightened your fees to compensate for the loss of revenue?

If you are paying dividends for that hashrate from the money of new clients (and not actual mining), guess what, you are a ponzi and you are screwing some customers.

If you are not paying dividends on that hashrate and you diluted the original contract to cover the loss, you are screwing most customers.

Your business is also over-complicating and convoluting what should be a simple offer. You have to prove your hashrate, your total deposits, your total dividends, your silver reserve and your supposedly active miners for which people paid because that's why they pay you and not buy the miners themselves.

I keep seeing those mining columns mockups you guys designed, did you happen to build some of those?

What is your installed mining power? Is it at least a few TH?

What happens when I purchase mining shares/contracts from you? What do you do with the actual money in your business process?

Good luck with your business.
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March 23, 2015, 02:46:39 PM
 #896

Thank you, it is going not bad so far Wink

I think of all those queries and questions here and actually I see no reason or benefit from disclosing the sensitive data of our undertaking. First of all I was very open a couple of months ago and eager to make Puppet privy to how it works. His concerns at the time were that we were not mining. Kryptologika is obviously interested in exposing ponzis/scams etc. as this is basically our market and I though that we are on the same side. Unfortunately Puppet showed his true colors and tried to blackmail me and demanded that I made a kind of a statement to our customers with the AMHASH situation. I saw then and still see no reason to do so. I saw then and still see now that such move would be a stupid mistake and unnecessary stress to our customers, it could cause possibly a decline in price and other complications. We had enough liquidity and hashrate elsewhere to cover it. Indeed we are small operation however the number of our registered users is still growing and we are reaching 400 in a couple of weeks. But actually if shit like AMHASH happens you just go over it, I do not need to tell the world how much did it cost us and how we covered it. At this stage we are selling hashrate for EUR only in packages of 200, 500 and 1,000TH/s. All the transactions on the platform are being done only between our customers and we are not making a penny of it as the total number of the shares remains the same.
Quote
I keep seeing those mining columns mockups you guys designed, did you happen to build some of those?

Are you getting paid for EVERY block mined or not? Does it benefit our customers or not?

Basically I really do not see any reason to answer to any of those questions to show the hashrate, disclose how much we have sold etc. I did once, I had my lesson I do not do it any more. This will only provoke more barking and I may stop being as polite in answering them as I am so far.

And by the way... AMHASH is going to compensate its clients in part or in full sooner rather than later Wink

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March 23, 2015, 07:58:41 PM
 #897

AMhash                                   => 0/7 = Legit (if you buy directly) / divs momentarily (?) suspended

Guys don't you think puppet should update it? ''divs momentarily (?) suspended'' - if people compare this statement to current situation and discussion in dedicated threads it doesn't look serious... at least... so to say... Its kinda like it was written near gaw miners ''dividends from hashlets momentarily (?) suspended''. Just sayin  Wink

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March 24, 2015, 02:54:31 AM
 #898

Basically I really do not see any reason to answer to any of those questions to show the hashrate, disclose how much we have sold etc.

So you don't have the hashrate. Ponzi.

Buy & Hold
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March 24, 2015, 05:57:06 AM
 #899

Bow wow wow... Wink
Eveyone who thinks I have no hashrate is an idiot. Running ponzi without the hashrate is impossible for such a long time because difficulty is not rising as it used to. Just do the maths.

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March 24, 2015, 11:54:01 AM
 #900

Bow wow wow... Wink
Eveyone who thinks I have no hashrate is an idiot. Running ponzi without the hashrate is impossible for such a long time because difficulty is not rising as it used to. Just do the maths.
A ponzi requires one single thing to not crash: new payments. As long as your customers reinvest their rewards, buy more contracts or bring new customers to buy more contracts, you will have a positive net cashflow allowing the ponzi to increase in lifespan.

The difficulty "decrease" is laughable, I don't see it as a weak argument, you can still pay out more because of your advertised increasing customer base. Until we can see more actual numbers, we can't figure out if your operation is honest or if it is not. I'm sure you wouldn't want to scam people, or maybe you would, we can never tell from your behavior, that's why some real numbers are important.
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