Furthermore, you dont know who was and is contributing here in this thread. So much effort, that many posts, from one and the same member, lets me assume, that this could be some jealous competitors themselves, trying hardly to create a bad company reputation on Genesis-Mining.
Time will tell, who is right or wrong. Until then, my mines keep mining on.
My view. Many having had a short term horizon, will argue in the long term then.
Yeah, you're right I'm a jealous competitor
Let me laugh. The main problem is not their lack of transparency but the fact they are not profitable.
If you want to prove me wrong you can buy a small contract and show me your profit. Reality is you will get back approximatively 30% of what you paid. It's not about investing when bitcoin is low or high or whatever. Genesis mining contracts are NOT profitable, NEVER. You are paying them, they won't pay you back half of what you paid because the fees they are taking are huge.
As I said In my first post, I firstly was a GM customer. When I asked for a refund, they refused. I said to their support team I would open a scam accusation thread and spread awareness about them.
Now, almost one and a half year later, I don't care to lose 10 minutes every week managing this thread. I'll keep doing it if it can save some people their money. I'll do my best to ruin this company but I don't need to be a jealous competitor to do so, trust me. If you really want you can buy a contract and then you will join me in the fight