Those who want to invest in gainbtc are free to do so. Nobody from this forum is stopping anyone to do so. Some people are missing the one of main point of this thread, that is how profit making model of gainbtc is fraudulent. If anyone could prove their plans are in fact earning profit through bitcoin mining then we'll be happy to lean those new points.
Sorry but nobody has proved either side so far, all calculations are based on
assumptions, not on facts. While they can be correct, we don't
really know how much bitcoin this website mines, how much its obligations are and what the real business model is. One can just
assume and I wouldn't call anyone's activity ' fraudulent' just because it
seems so to me.
They have members, members get paid, no complaints - these are facts. But I agree, this may mean anything.
If Some people have read/followed this thread carefully from beginning(since first post) would not have concluded that neither side has proved their point. If and only if someone properly reads and comprehends what is explained on the first page(and later part ) of this thread then only would understand that tmfp has proved his point by using data from gainbtc site (NOT any assumption) and calculated that data using coinwarz (a profit calculator widely used in "real" bitcoin-mining world). Only assumption in that calculation was cost of electricity (lowest possible rates taken into account) and miners being used(S7 was considered). Results do not match profit claims by gainbtc.
It is straight forward calculation. Those who have "
faith" in gainbtc have not been able to negate "any" points raised against it. Every time raising point about
"their payouts are regular" is only proving that their incoming cash/bitcoin flow is currently higher than outgoing bitcoin flow.
It would be great to understand how gainbtc is making huge legitimate profit which is not there in first place. Nobody is stopping anyone from investing in gainbtc, as it is every individuals personal decision to make.
Nothing in this world could change the mind which has gone into denial mode.On the side note of proving a point:
Ok I have done a huge research and now I'm sure about the business.
I have had meeting with one guy who met Amit personally (I have photo with him and Amit Bhardwaj on a yacht in Dubai). He is also one of the guy on the recordings in GainBitcoin mining pools in China, on Youtube.
- As conclusion of your huge research was positive towards legitimacy of gainbtc business, it means research must have found the answer to the grave mathematical inconsistencies in their hashrate plan (this has been explained in detail initial part of this thread). Kindly explain how gainbtc is able to share amount of profit which is not possible through mining bitcoin pool in the first place.
- Members who have doubts about gainbtc will be very happy if details of that "huge" research is shared here instead of half line conclusion? It will be very helpful to know what kind of data/information helped in reaching to that conclusion. Other members who are finding loopholes in the business model of gainbitcoin, will get answers on legitimacy of gainbtc.
We are still waiting for details of that "huge research".