Post
Topic
Board Service Announcements (Altcoins)
Re: Scrypt.CC | Scrypt Cloud Mining
by
dyask
on 19/09/2015, 00:11:30 UTC
anyone investing in scrypt.cc this year had to be aware of the extreme risks.

Not quite matching up with your essay earlier this year:



https://forum.gethashing.com/t/ponzi-scrypt-cc-shorted-payouts-missing-mh-the-lot/1761/152

What existed in April is no longer the case is it?   My position was that GHx was very risky to hold long term because of the cost of it the poor liquidity of it (at least my view of liquidity).   You took something out of context to tried and twist it into support for scrypt.cc.   I never encouraged anyone to invest in scrypt.cc and in fact routinely mentioned that many were doing 100% reinvesting without realizing how risky it was.

In April withdraws were working within in minutes and it was possible change your position quickly.   The major reoccurring issue at that time is that deposits would often be very slow.  

Since then some of the issues with the Get Hashing GHx have been resolved.   There is now a market of sorts and there continues to be innovations improving the chances that it might break even or at least hold value well enough for someone to make a profit.   The main drawback of GHx is it very small at only 500 THs.