▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁

[syndria]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

Payout proof? And post it using your main account so we can be convinced somehow

[Indianacoin]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

Really newbie?
Where are the proofs?
Proof of mining? Public addresses?? etc.

You should introduce your farm (if it really is one!) in the format mentioned on op. Please do some effort to make us convince that your firm is real.

We are not in 2009 right?

Good Luck

[Indianacoin]

Did you hear back from BITMAINS for  miningsweden.se?

Nope. Still not received a reply from them.

BITMAIN already have a bad habit of replying late.

Let's wait a week more.
Hope they will leave a reply by then.
And if he had really visited there then ovbiously I'll receive a positive reply anyways  

[Lbtcl PR]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

Payout proof? And post it using your main account so we can be convinced somehow

Here is the payout address: https://blockchain.info/address/1BUEifndxVKEXVutL8bUPfJWHSjWpgq5aG

[crazyivan]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

The fact with these ponzies is they never give up. Unbelievable.

[above]

The fact with these ponzies is they never give up. Unbelievable.

Why should they ? The fact is mining is not profitable, it cannot be because of energy costs. The rares ones who can have it profitable (energy almost free) mine for themselves.

So you can sell contract proved unprofitable if people buy them. And you can honestly close them when you decide because they are not profitable. This is legit.
You don't have to buy and maintain expensive hardware. Just pay dust payouts to customers as long as you can, they will be satisfied.

Once you paid back 75% of what they gave, you close contract. The secret is to pay these 75% for a long time (months or years).

You cannot lose money, you are legit and you can continue as long as noob newcomers give you their money. The longer your business exists, the more you look legit (you are) and the more people will shout everywhere you are because they get payouts for months (but will never reach ROI ).

This not a ponzi because you even don't need new customers to pay old ones.

[crazyivan]

The fact with these ponzies is they never give up. Unbelievable.

Why should they ? The fact is mining is not profitable, it cannot be because of energy costs. The rares ones who can have it profitable (energy almost free) mine for themselves.

So you can sell contract proved unprofitable if people buy them. And you can honestly close them when you decide because they are not profitable. This is legit.
You don't have to buy and maintain expensive hardware. Just pay dust payouts to customers as long as you can, they will be satisfied.

Once you paid back 75% of what they gave, you close contract. The secret is to pay these 75% for a long time (months or years).

You cannot lose money, you are legit and you can continue as long as noob newcomers give you their money. The longer your business exists, the more you look legit (you are) and the more people will shout everywhere you are because they get payouts for months (but will never reach ROI ).

This not a ponzi because you even don't need new customers to pay old ones.

Home mining IS still profitable if you know what to mine and if u live in a country with a decent electricity price. I pay 7 cents for example, home user.  Cloud mining, that one is a tough nut to crack. If these services are not profitable at all, how come Hashnest s got tens of thousands if not hundreds of thousands active users? Are they all really blind morons who enjoy wasting their money?

[suchmoon]

Home mining IS still profitable if you know what to mine and if u live in a country with a decent electricity price. I pay 7 cents for example, home user.  Cloud mining, that one is a tough nut to crack. If these services are not profitable at all, how come Hashnest s got tens of thousands if not hundreds of thousands active users? Are they all really blind morons who enjoy wasting their money?

AFAIK Hashnest S7 has never been profitable to mine with, i.e. the price depreciates faster than mining revenue comes in. Trading - maybe, but that just depends on someone else losing even more money. So yes, blind morons is about right. S5 though was very profitable for a long time and S4 was pretty good too, so perhaps a lot of people expect the same miracle to happen again.

7 cents is not bad, and with home mining the overhead (maintenance etc) is often just a "hobby" so it can go further than a big farm with payroll etc.

[chokesir]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

The fact with these ponzies is they never give up. Unbelievable.

What i really think is bad is that even hashnest isn't profitable anymore.
Which means that NONE of the cloud mining companies offer profit to their customers....

[crazyivan]

I would like to introduce Lbtcl.com, a new hash rate market. Currently, you can buy 1TH for 0.59BTC. Check it out.

The fact with these ponzies is they never give up. Unbelievable.

What i really think is bad is that even hashnest isn't profitable anymore.
Which means that NONE of the cloud mining companies offer profit to their customers....

I still use DMD Diamond cloud. They pay in DMD Diamond, which s a PoS coin staking at 25% rate so this helps out a lot. True, ROI s still over a year but in any normal non-crypto circumstances, this would be an AWESOME result.

[cryptodevil]

I still use DMD Diamond cloud. They pay in DMD Diamond,

You do an awful lot of promo posts for DMD. As far as I can see it is just another smoke'n'mirrors backed-by-hype-and-hype-alone coin. All that nonsense about 'Legendary!!!!1!!1!1!' crypto assets being auctioned sounds wayyy too much like Garza's 'Hashlet' naming convention, which was basically to sell you something worth nothing but made to sound like it has substance.

What you're suggesting is that people buy legitimate hashrate from Nicehash, with bitcoin, so they can receive payment in DMD. So, rather than going on an exchange and putting their own trade offer for DMD, they spend BTC at Nicehash to mine, lose 2% to fees and then receive whatever DMD in payment someone else has decided will be the going rate?

Sure, sounds legit. /s

I'm betting it is a popular coin with the Paytard crowd though!

[opmac]

I still use DMD Diamond cloud. They pay in DMD Diamond,

You do an awful lot of promo posts for DMD. As far as I can see it is just another smoke'n'mirrors backed-by-hype-and-hype-alone coin. All that nonsense about 'Legendary!!!!1!!1!1!' crypto assets being auctioned sounds wayyy too much like Garza's 'Hashlet' naming convention, which was basically to sell you something worth nothing but made to sound like it has substance.

What you're suggesting is that people buy legitimate hashrate from Nicehash, with bitcoin, so they can receive payment in DMD. So, rather than going on an exchange and putting their own trade offer for DMD, they spend BTC at Nicehash to mine, lose 2% to fees and then receive whatever DMD in payment someone else has decided will be the going rate?

Sure, sounds legit. /s

I'm betting it is a popular coin with the Paytard crowd though!

A guy I know a little while back bought into DMD at some point last July. Horror story. Said he lost about $2000
Kept me clear of it though

[gollumist]

For anybody who thinks to invest in genesis mining - look to my post at this section:
https://bitcointalk.org/index.php?topic=768281.new#new

[Glucose]

For anybody who thinks to invest in genesis mining - look to my post at this section:
https://bitcointalk.org/index.php?topic=768281.new#new

Yeah it's a fucking scam. I tried to warn other customers from months and now they are just deleting all my posts on their thread.

Selling contracts when you know your customers can't ROI should also be considered as a scam.

[SalmonBraker]

cldmine.com is on "Maintenance" -> FUCKERS
https://i.imgur.com/qqtgLsG.png

[winspiral]

it is why i have programmed an U2cloudmining system of an other king.(oupssss kind ...not king)
it's not only cloudmining but mainly about the U2cloudmining site.
It can never collapse.
The only risk is that the profit "lasts" to come...

[suchmoon]

some words

Luckily your gibberish is incomprehensible enough so that no sane person will fall for whatever it is you're peddling here.

[winspiral]

some words

funny words

it is enough comprehensible for the ones who invested or will invest.
To resume:
Investors will lose less than what they have invested...and "free investors" will lose nothing and some will even earn...

[suchmoon]

some words

funny words

it is enough comprehensible for the ones who invested or will invest.
To resume:
Investors will lose less than what they have invested...and "free investors" will lose nothing and some will even earn...

Well, at least you're admitting that "investors" will lose, that's comprehensible enough.

[winspiral]

some words

funny words

it is enough comprehensible for the ones who invested or will invest.
To resume:
Investors will lose less than what they have invested...and "free investors" will lose nothing and some will even earn...

Well, at least you're admitting that "investors" will lose, that's comprehensible enough.

Not realy...I am admitting the worst happening...
The goal is of course making profit.
My nickname is winspiral...not losespiral...(lol)