Recovery program beginning in January for PB Mining customers.

[Syke]

They rely on constant incoming funds to keep the company rolling.

I wonder if there is a name for such a business plan...

[1715190187]

1715190187

[1715190187]

1715190187

[1715190187]

1715190187

[1715190187]

1715190187

[SimplisticStu]

They rely on constant incoming funds to keep the company rolling.

I wonder if there is a name for such a business plan...

LMFAO 

[Phildo]

PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?

Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?

[hexafraction]

PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?

Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?

Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?

[Phildo]

PCMining user here. How does the guy keep on paying us? Did he left an automatic system that keeps on sending money every week? if not, is he still manually sending money to people even if somehow everyone believes that it's a scam?

Why would he stop? these dust payments have convinced several people here to hold off on pursuing legal action/going to the authorities. If passing out a few pennies could keep you out of jail wouldn't you do it?

Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?

Nobody knows because the marks in this thread think that him giving back .0000001% of what they gave him proves it isn't a scam and are remaining bent over to take it.

[btcgnome]

The payout counter has slowed down considerably again.

[Syke]

Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?

Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:

https://bitcointalk.org/index.php?topic=418183.msg9743464#msg9743464

A - B = C

Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.

[guitarplinker]

Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?

Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:

https://bitcointalk.org/index.php?topic=418183.msg9743464#msg9743464

A - B = C

Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.

What about people who purchased contracts before that? When they purchased the contract, there was the following term involved:

Hash power efficiency will never change from what it is now, even if we have technical issues.  Our insurance covers you so that you will always receive the proper payments.

So technically, it looks like he broke his own contract with early purchasers.

[bronan]

Well i am glad he/they try to get something restored, and i kinda hope btc prices go up back to over 300 bucks so it would make/pay at least some of my power consumption

[JohnnyBTC]

Does passing out pennies actually protect him from legal action? Or is that just an effect of human nature?

Technically it does protect him somewhat. Like any good scammer, he changed the terms of the contracts. You can see the new formula here:

https://bitcointalk.org/index.php?topic=418183.msg9743464#msg9743464

A - B = C

Payouts "C" are now whatever PBMining wants them to be. Anyone who bought contracts after that change are screwed.

What about people who purchased contracts before that? When they purchased the contract, there was the following term involved:

Hash power efficiency will never change from what it is now, even if we have technical issues.  Our insurance covers you so that you will always receive the proper payments.

So technically, it looks like he broke his own contract with early purchasers.

so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?

[MichaelNZ]

Well i am glad he/they try to get something restored, and i kinda hope btc prices go up back to over 300 bucks so it would make/pay at least some of my power consumption

We are still a very long way from where btc was 12 months ago ... Hopefully those prices will come again

[guitarplinker]

so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?

I'm not trying to say that at all. In fact, I believe he actually stopped sales right around the time the formula changed to "A - B = C" so then there should be either very few people who paid for contracts under the new payment scheme, or none at all. I'm showing people that he has broken his contract with (possibly) all customers.

[JohnnyBTC]

so the early birds who reached full ROI anyway should get even more? fuck the later customers who need recover the most? wut do u really sit there plinkin at?

I'm not trying to say that at all. In fact, I believe he actually stopped sales right around the time the formula changed to "A - B = C" so then there should be either very few people who paid for contracts under the new payment scheme, or none at all. I'm showing people that he has broken his contract with (possibly) all customers.

he said he delete the old formula post right after, jan 2014 is near beginning of service. the quote is from old time and has nothing to do with insurance dinkerplinker

[Syke]

he said he delete the old formula post right after, jan 2014 is near beginning of service. the quote is from old time and has nothing to do with insurance dinkerplinker

Correct.

https://bitcointalk.org/index.php?topic=418183.msg9742781#msg9742781

That is quoted from January, and was deleted after, as we changed our formula to include other factors.

"changed the formula" and didn't publish it. This was a shady operation from the beginning.

[Icardi09]

op last post in mid january. So i think this recovery program will become bad ending. They only pay you with small amount of BTC (dust i say). Shady operation from beginning, too bad many people fall with this scheme

[rezareza2390]

Start Group !!!!!!!!!!!

Follow Jason Spoof
We have collected documents fraud manager PBmining

coming soon, we publish information and documents on this post
Our team:
Members: 70 +
1 lawyer in Canada +
1 lawyer from England +
1 Iranian lawyer in Canada +

Correspondence with the police in Canada
Initial follow-up by local police


Please join us!
Thank you

[jamieb81]

Start Group !!!!!!!!!!!

Follow Jason Spoof
We have collected documents fraud manager PBmining

coming soon, we publish information and documents on this post
Our team:
Members: 70 +
1 lawyer in Canada +
1 lawyer from England +
1 Iranian lawyer in Canada +

Correspondence with the police in Canada
Initial follow-up by local police


Please join us!
Thank you

Interesting, how to join to claim money back?

[shulio]

Start Group !!!!!!!!!!!

Follow Jason Spoof
We have collected documents fraud manager PBmining

coming soon, we publish information and documents on this post
Our team:
Members: 70 +
1 lawyer in Canada +
1 lawyer from England +
1 Iranian lawyer in Canada +

Correspondence with the police in Canada
Initial follow-up by local police


Please join us!
Thank you

reminds me why do you a lawyer from England? seems like Jason wont be hiding in there, and also im curious to know what kind of proof that you guys have collected

[MichaelNZ]

Lots of big shouty coloured text

When are you intending to release all this information ?
Deja vu moment there ... we've got the biggest, fastest, best performing sounds like a mining hardware site.
Put up or shut up !

[petahashminer]

Start Group !!!!!!!!!!!

Follow Jason Spoof
We have collected documents fraud manager PBmining

coming soon, we publish information and documents on this post
Our team:
Members: 70 +
1 lawyer in Canada +
1 lawyer from England +
1 Iranian lawyer in Canada +

Correspondence with the police in Canada
Initial follow-up by local police


Please join us!
Thank you

Interesting, how to join to claim money back?

very well, how can i join the group?