Re: GAW ZenCloud ZenPool Hashlet - does it really exist? ALWAYS MAKE MONEY :-)

Is there anybody here who knows if what josh is doing even legal?
He keeps comparing taking btc out of accounts with banks, but gaw is no bank. Are there different rules for money and product( i am not sure what to call it)?

He's running it like a bank in he wants you to keep your BTC in your account so when he needs quick he can take it and come up with a BS reason to take.

So withdraw daily, I had no problem with that. I never keep money on exchanges and treat Zen cloud the same.

Except they can make your account negative and then what?

Funny thing is that as far as I've seen they haven't been forcibly converting HPs to cover the negative balances. Surely that would be the most logical thing to do?

Quote from: Flep182 on October 31, 2014, 03:31:50 PM

So they're not selling new hashlets and therefor hashpoints can't be used for buying stuff, unless you use creditcards, then they happily sell you new hashlets... Huh

Yes, that about sums it up. Tinfoil version is that they need fresh cash. Thus Market (BTC) and CCs (USD), but not hashpoints.

Acording to them it's a bug they are correcting daily and people affected by negative balance just have to write a ticket.
I personally never had a fee higher than the payout. There were some really bad days on which I got just a few satoshis but that's all.