Post
Topic
Board Service Discussion
Re: HASHNEST Discussion and Support Thread
by
dwarrel
on 29/07/2016, 17:09:38 UTC
This is funny.
In early July, I wrote to the Support team, the expiration date of a domain is 27. They assured me that they know and that the domain will be extended. And what we have today? You see. For me it is not worthy of Hashnest or 1BTC. If they care about the domain, it just care about us. To see how they manipulate the price of the GHS. With 75% of the cost price ghs is 8500 - this is normal? No, this price is kept artificially. Try something to sell or buy at a different price - immediately appear competitive and staying locked.

Its legal scam from Bitmain

No, it's not. The price was 14000 before the halving, when it happened, it almost immediately dropped to around 7000, and after that stabilized at 8500. This is classic market behaviour. Draw up a fibo, and you'll see it's well within range. I'm a bit surprised, I would expect it to drop a bit more, as the maintenance percentage doubled from 37.5 to 75%, one would expect the price to at least stabilize at 7000.

Also, hashnest is still selling s7 units for considerably more than the market GHS value, on the same maintenance plan. Now, if they were out to scam you, why wouldn't they simply get rid of the market and sell you shares of those machines for the advertised price?

I agree that the maintenance fee on hashnest is relatively high, but I see it as paying a premium for a trustworthy (and according to the 101 thread the only really legit) hash farm in the universe and surrounding areas.

Are they steep? Absolutely. Are they stupid (for losing their domain?) I'd say so. But calling them scammers just because they're steep, a bit stupid (and apparently because of your unsubstantiated claims that they manipulate the market) just makes it look pretty obvious to me that you don't know what you're talking about.

Now, S7 price freefall.  ( 0.00008500   down to 0.0000700000). May be it will down continue....

Oh, COOL!!! Do the miners still work? Then it's probably because of the outage, and I might take on a risky investment.