Quote from: vga on March 06, 2014, 03:15:30 AM

Quote from: msc on March 06, 2014, 03:06:29 AM

Quote from: vga on March 06, 2014, 02:44:17 AM

I will not be sending bitcoins. I will pay with dollars and receive bitcoins. Does it seem like a bad deal? They are paying.

I'm happy with the payout right now, but our only hope is that the difficulty stops rising so fast. The cost of mining is getting pretty high, so we may not see a whole lot of new miners. But a lot of existing miners will probably continue investing in hashpower.

I paid in BTC and hope to recover the same amount of BTC. By investing dollars, you only need a dollar profit, which might be easier if the BTC price rises. Still, if I had it to do over again, I'd just buy as much BTC as possible and keep it all in storage.

So, therefore, I would not be completely crazy to consider a contract, correct? There are others who are purchasing contracts with sound reasoning, correct? There may be better ways but it seems easier than going through an exchange and purchasing BTC.

Yes, you would be completely crazy because you WILL lose out.
The way it's currently played by cloudhashing noone will get their investment back, never mind profit from it.
Having hope that difficulty stops rising so fast, like msc does, is a very very bad reason to put your money in cloudhashing.
There is just no way to win when the people at cloudhashing reduce the posibility of profit piece by piece. It's called fleecing.