Re: Leroy Fodor has gone Full Delusional; StakeMiners is 100% confirmed insolvent!

You're right though, people do lie from time to time, even some of the most honest people will occasionally lie and sometimes not even realize it.. but I don't believe he's malicious, and has never said anything to me that caused me to raise alarm, and he would have more to lose than gain from lying to me.. and like I said earlier, I haven't had any negative interactions with him..

So let me get this straight. Someone takes (borrows) 120 BTC from "investors" and claims to have that money but at the same time blockchain proves there is only about half of it still remaining. Said someone is also putting all sorts of restrictions/delays/fees on withdrawals.

The restrictions on withdrawing from the pool is primarily because of how stake coins work, stakeminers wants to mitigate the loss of revenue that destroying the staking coin maturity causes.. some coins are very liquid like NET that will stake almost like clockwork every 6 hours, or HYP where you can have a wallet full of coins and just grab the the blocks that recently staked and fire em off, but other coins like TEK have 30 days of maturity, and if someone wants to pull them 25 days in, it's an issue.. we're always working to structure the wallets so there's an even flow of coins being staked daily in all the wallets, but sometimes it's just not possible for various reasons, which I could go into detail on, but I'm sure you're already aware of, everything from market swings, to network difficulties.. but the withdraw "restrictions/delays/fees" as you put it, are clear in the terms of service ya? maybe I'm missing something, has someone had trouble getting their investment returned to them?

But that's ok because all people occasionally lie?

No, that's clearly not ok.. if he is showing 120 btc in investments on the ledger, there should be 120 bitcoin worth of coins purchased for the pool, the prices on those coins fluctuate all the time on all those coins, so it's never going to match up exactly, the payouts come from selling the stake from the coins in the pool.. I do have the wallet addresses, and can look into them, it's on my list of things to do..

Can you please post the whole list of cyberpinoy's occasional lies that you're ok with. I'd like to get on the same page with you because right now this conversation is getting really awkward.

I'm actually not "ok" with people lying to me, but it happens sometimes, sometimes it's malicious, and sometimes it's not.. and I will confront them about it if it's serious.. There's alot of miscommunication in forums, and yea, it's hard to get on the same page with people you don't know or interact with frequently... I've only heard one side of the story, and I really don't get on the forums much, I been in crypto for some time and never really used forums much, aside from looking at an occasional ANN post.. But you guys do seem to have some legitimate concerns, but just when I think there might be some sanity around here, I see links to random stuff that is just way out there on a limb.. just seems like everything has gotten toxic as hell..

Random stuff that is way out on a limb is a good excuse to not ask where the fuck your coins are.

uhm.. who said I didn't know where my coins are?

If you can't read through the nonsense to figure out that Leroy doesn't have all the coins he should you aren't very bright, so let me be the first to give you a sorry for your loss, because it's coming.

well, if it happens, it happens, but I'm speculating that it won't.. and I have done my own research and homework, and am aware of most of the transactions that take place, I don't sit around and watch all the blockchains all day long, but I do look at the wallets occasionally to keep tabs.. and I'm not concerned, and am comfortable with my investment... and no matter how much you attack Leroy personally, it's not going to change my point of view that I have from my experience with stakeminers, or stake coins in general..