Re: StakeMiners: restricted withdrawals, falsified stats, insolvent. Do not invest!
Seems like cyberpinoy has chosen #1 because the market has refused to triple:
The same is posted here, too:
Quote
Currently we have have 184 clients who have invested 126 BTC with a current altcoin value equivalent to 42 BTC. This a decline of 67%, which has been very noticeable on our earnings. On the Stakeminers, members accounts, wallet addresses page you will find a chart and text covering this issue in more depth.
Any idea how to find the chart and text covering this issue in more depth? I've been unable to find it, even after logging in.
I see a chart labelled "1 BTC Investment Returns" which shows a positive return for every month. I don't see anything giving details of which months contributed to the 67% net loss.
Edit: maybe I should learn to read! It's clearly stated that it is on the "members accounts, wallet addresses page", https://stakeminers.com/account/wallets.php :
It looks like the price of the altcoins held by stakeminers fell relative to the price of Bitcoin in all but one month.
What would be interesting to see would be a chart showing how an investor's BTC value fared over time - whether the gains from staking ever outweigh the losses from holding a basket of alcoins.