Quote from: sykal on January 02, 2014, 04:37:48 PM

Quote from: envy2010 on January 02, 2014, 04:28:44 PM

Quote from: sykal on January 02, 2014, 04:25:10 PM

Middlecoin is an investment? Here I was thinking it was a pool.
I didn't realize it was Middlecoin Bitcoin Fund, Co.

A pool is used to form a network of hash, he is auto trading which is nice, but if he is holding onto those coins that WE mined, that's not right.
If we want to hold onto the coins we earned, that's for us to decide.

His job is to keep the pool alive, *trade, and payout...and he gets a nice fee for his efforts.

He's not doing all those parts.

h2o's job is to run the pool for the highest profits, which he is doing. If you don't like how he runs it, take 30 seconds and point your miners somewhere else.

I'm sorry you don't see the concern with holding onto your coins in the hope that they will be profitable.
I like everything else about Middlecoin.
I don't like the fact that he is trying out investment strategies with other peoples money.
It's great when it's up, but maybe I'm the only one thinking of the other possibility.

I understand your point, but the reality is that the people who mine here, is not paying the fee just for the auto Exchange feature, they are also paying for H2O´s expertise in the cryptocurrency market. It just a matter of trust, really.