Quote from: kabit9 on August 04, 2018, 09:21:58 PM

Quote from: Koadharber on August 04, 2018, 05:39:41 PM

Quote from: 1Referee on August 04, 2018, 02:20:48 PM

Quote from: kabit9 on August 04, 2018, 01:56:16 PM

who cares. its a f*cking mining company, not some burglar planning to rob your house. You give your ID every day to various government agencies, telephone companies, utility companies, etc without batting a wink. Hell some buildings don't allow you to enter without seeing your ID, but here you are afraid that it will remain on their servers for ever!!

don't be so dramatic mate.

He has a point though. It's not a regular business you're dealing with, but a scam that will at some point vanish and who knows what they will do with your personal data. By having your ID and some basic details I can take out loans on your name, etc. In other words, no one needs to rob your house when ill minded individuals can rob you digitally. Wink

Intead of taking everyting lightly, which is what average joes tend to do, try and be more paranoid. Your ID is a key, not just some worthless document.

A nice comparison and he do have some points which it is actually true that we are giving out our ID anytime we do need to pass thru an establishment, a job or service requirement but robbing you out wont really be that simple specially if it would be done physically which it is completely possible into digital aspect. This is why some people doesn't really like to expose yet even a single information can really be used up into something that you don't like to happen which means neglecting these simple things will cost you some trouble later on.

Point noted, and I agree that your ID is not a frivolous document to be thrown at every scammy airdrop. However, not everyone online that asks for KYC is a scam.

With Hashflare, we have yet to see how it plays out.... They have resumed BTC mining since they claim they have adjusted their algo's to make fees less.

Why was this not done to begin with, and why did they need downward BTC price pressure to do this deserves some consideration.

Consideration would really be there not only to Hashflare but on most cloud mining sites which are mainly affected on this cryptomarket price decline but in the things or steps that they do have done specially holding up deposits and pausing up contracts due to unprofitability then it would really be a disadvantage for those people who had just recently invested and take note they do still accept contract investment even they are not profitable then it would be always shady if we do look at it deeply.