Post
Topic
Board Scam Accusations
Re: ICE ROCK MINING - SCAM!!!
by
sluppy
on 07/10/2018, 19:22:03 UTC
Well, let's name the facts instead of claiming false accusations here.  Wink


They do not give a shit about the current investors as they are now blocking any potential new investors, not that many would invest now that they have seen the size of the payouts.   Cheesy
Actually this is a big lie, don't you watch their q&a? The whole profits of the team and investors are depending on the operations, 10% team, 50% investors. If you wasn't aware of this it's your fault, it's no suprise, Icerock has said this very often.


Well I'm the so-called "idiot" with 20,000 ROCK2 tokens. The first payout I got was 0.114 Rock2Pay which can be converted to ETH in 1:1 ratio.
So for your 20,000 ROCK2 tokens which at 50% Discount on ICO price cost you 10 Grand you received......wait for it...…...at whopping $27 dollars....at most. 

Do you feel proud?  LOL  $81.00 per month. 


So when it is running at full capacity, I'd expect 0.114x4x10=about 4.5 ETH/month. Given the current ETH price @$233, I'll be getting over 1000/month in payout. It's about 120% return annually when running at full capacity. I don't see this as a scam or bad investment, just takes some time.

Your figures are wrong and have not taken into account difficulty and price movements. 


At best you will receive $100 per month in 2 or 3 months time.   So in total your 10K will have given you around $400-$500 for a "cough" lifetime investment. 

When do you expect to make your money back, some time in 2023?
Do you know the word risk? Give me a name of any mining company offering better payouts that IRM - you'll find none! Because all other are not profitable or keep the profits for themselves. Remember the difficulty how high it got! Ther are many capitalist miners just mining and keeping all the profits for themselves. We don't need these capitalist, centralized miners, they are not better than the current rich idiots. Watch this: https://www.youtube.com/watch?v=S00MWI3YeP4
Dou you support such an egoisic behaviour? If I read your comments I get the impression that you do. We need companies like IRM to make a decentralized project and give profits to normal people. We don't need centralized mining farms controlling everything!!!!


Difficulty will be through the roof next year leading up to the halving and you are better off selling up and buying 1.5 BTC now than trusting these liars with your hard earned money. 
The only liar here is you in addition making investment advices based on lies.  Roll Eyes


They have lied about many things and continue to do so.  Want me to list some of their lies?   What the heck, just for you oh wise investor.

snip
You definitely haven't any exprience of doing such an large scale project and can't imagine what it takes for efforts.  Roll Eyes

And in addition you know nothing about crypto market in general. It's a surprise for you that 400% ROI isn't possible in the current market situation? Yeah? Have you looked up how the 400% werde calculated? I assume no  Roll Eyes
Market conditions have changed drastically, this is no surprise after BTC price spike in December.

These comments are speaking for themselves, that you would keep your plans until you crash in total, the movement of the farm to the warehouse is a great decision, they will expand it into a large scale operation saving costs for maintenance and make it a huge operation sharing the profits to everyone. We need such projects to keep mining decentralized instead of capitalist money maker farms.


5.  They continue to lie on their videos and to their investors
Watch it again, your imagination is just amazing. You should become a truther.


Ask Peter K.  LOL
At least he is more educated it crypto business.



I don't hate IRM, I think they are con artists who have deceived many people.......me included until I woke up but the problem is that they continue to LIE to their investors in the Telegram, every single day I read it there is bans, warnings, non-stop ass kissing and lots of promises and B.S from their monkey admins on there. 

Dias is a Criminal and so is Malik.  Do not be surprised to see them arrested one day. 

That will be their exit scam plan.  "Sorry guys but the power company says we can no longer use the warehouse, we are working hard to find a new location.......which will never come. 
How ignorant can someone be? They will never exit-scam, please stop telling your wishes! If they are scammers they would have already taken the money, now they are beginning the operations it's obvious that they are not interested to do a scam. They are well known, pictures and videos everywhere now, a scam would have taken them to prison, even direct after ICO.
Another investor visited IRM and a video will come out soon! Let's see your lies when this video is out, maybe you say it's a fake person, Dias in a costume or something like this.  Cheesy Cheesy

I recommend everyone to watch this video and make your own opinion, if they are scammers. You'll not find any better mining project: https://www.youtube.com/watch?v=0V51w6U4XMA




erm who are u ?

They calculated potential future btc rises into their roi calculations u know any other company that has done this ? Not only did they advertise with 400% while many of us told them their Calculator was misleading using btc @ 11k while it was @ 7 or 8k they also Doubled down after the big drops  they said 700% roi and btc would go through the Roof this summer. all things you can speculate on but they where singing the gospel like it was guaranteed while being told serveral times that was insane.

They advertised with "special" miners none else had that where giving 30 usd + a day roi  something that might have been possible for about 1.3 seconds at btcs highpoint.

They have misrepisented everything all over the place .. remember their 20% operational costs ?  10% for team 50% investors and 20% reinvest ? i tried many times to explain to them that 20% is not a constand in this buisness one day it may be 100 bucks the next 200 or 50 but they stuck to their theory .. however now 2.5cents per KWH isnt covered by the 20%   Who is paying the difference have they came out publicly to explain ?


They grossly underestimated the work and grossly overestimated their earnings they come accross like never having managed a buisness of this size. addressing the "haters" in that video was a big laugh.


tmfp's  Post one page back sums everything up very well and thats why it was quickly deleted from their thread.