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Showing 14 of 14 results by iamisti
So how is this working out for you bro , still happy investor in the legit trustworthy IRM ?
ahahah
savage.For the record, I'm 100% sure they are running a lot of miners (if not all) secretly. It gives them thousands of dollars in their pockets, and they will do it as long as they can.
Why would they come back and say they running everything again? Clearly they just executed their last step of their scam.
Wow.
Did not watch the news of this project some time because I sold all mine tokes more months ago and now I just have to say hahahahahahahahahahahahahahaha.
Dias .really
lol hahahahahahahah
.. Can I hire you for some business? I just need to ruin some projects of mine real fast
.and I think that you could master this task very well.
Did not watch the news of this project some time because I sold all mine tokes more months ago and now I just have to say hahahahahahahahahahahahahahaha.
Dias .really
lol hahahahahahahah
.. Can I hire you for some business? I just need to ruin some projects of mine real fast
.and I think that you could master this task very well. Lol. They also removed the video they put on couple of days ago, where they announce that they removed all the miners from their facility. Wonder why they removed the youtube video.
How do I retrieve my tokens from the Sale because I forgot how to?
That's how much they care
Almost 2 weeks after your question, still no answer.
WOWWWWWWW so much LOL is going on here!
Haters go to Hell.
As usually ))))
Haters go to Hell.
As usually ))))
You retarded go to hell. Talking like that to ppl is not a professional way. You just being yourself, a retarded, brainless who thinks world evolves around him.
How to speak with people full of hate?
You want me to be gentle with shit?
No way.
How about recognizing what they say. Grow up, it's not the kindergarden. They are not 'haters' as you call them.
They having real questions about the project you are involved in. They probably also your investors so they deserve a much better treatment. You got there where you are because of them.
So listen what they say and instead of being offended, answer their question and doubts. Not the usual way you do, give them the damn proper answer.
WOWWWWWWW so much LOL is going on here!
Haters go to Hell.
As usually ))))
Haters go to Hell.
As usually ))))
You retarded go to hell. Talking like that to ppl is not a professional way. You just being yourself, a retarded, brainless who thinks world evolves around him.
You clearly have a tube vision and not seeing the full picture.
Their token value is going down. STILL. Btc is at 11k, and their token is STILL tanking.
For ppl with less brain: no matter when you buy their token, it's CLEARLY a bad investment, since their token value is going down constantly in the past year.
I don't care about cents you mentioning that they pay.
Or let me put it in this way: Give me 10.000 usd and then i will pay you 10 usd every month. No guarantee tho, i might go bankrupt. but hey, you can get your money out anytime but each month i give you back 1000 less. DEAL?
A single antminer S9 can currently yeild ~0.02341693 BTC. So 1,000 s9's running without any down time, in theory should yield 23.4 BTC each month.
This BTC is split between the team and token holders. With token holders supposedly getting 50% as the "investors profit share".
23.4 / 2 = 11.7 BTC
So 11.7 BTC for the token holders each month.
11.7 x ~11,000 USD = $128,700
Coinmarket cap shows a circulating supply of 15,724,272 ROCK2 tokens.
If we assume that all 15 million are held by retail and get a portion then
128,700/15million = 0.00858 cents USD per token held
Assuming you hold 1,000 ROCK2 then the dividend yeild is $8.58.
How is my math?
The fact that IRM used "puffery" (its is a legal term) in its ICO is nothing new. Many over promoted their ICOs to generate interest. Not saying it was right or ethical (from a business viewpoint). And lots of mis-information as I do not ever remember IRM PROMISING massive ROI. There calculation was correct based on a series of (flawed) assumptions. If anyone actually believed their ROI calculator that was not set up in real time then they were not thinking very much about their investment (ie. they clearly "cherry picked" the best numbers to vastly inflate the predicted static ROI). There is the old saying, "If it seems to be too good to be true, it probably is".
Does all the BS and questionable management from IRM matter to me.... Not really as all the other coins I hold pay me nothing. For me this is a longer term hold, I will exit with a profit eventually. Simply by buying more ROCK2 with each month with my earned dividend I am slowly dollar cost averaging down. I will eventually escape this crypto trade with minimal losses. Other than constant complaining what is your strategy to leave this trade with profit? If you are focussed on everything the company is doing wrong then you are a poor trader as you aren't focusing on your money and your exit strategies... nothing else matters. Good luck.
Their token value is going down. STILL. Btc is at 11k, and their token is STILL tanking.
For ppl with less brain: no matter when you buy their token, it's CLEARLY a bad investment, since their token value is going down constantly in the past year.
I don't care about cents you mentioning that they pay.
Or let me put it in this way: Give me 10.000 usd and then i will pay you 10 usd every month. No guarantee tho, i might go bankrupt. but hey, you can get your money out anytime but each month i give you back 1000 less. DEAL?
Quote
Not because you disagree with me its the things you disagree about.
ok you tell me you do the math what does 1000 s9 pay today after this btc spike and how much do you get divided by 15.000.000 tokens.
I know the answer do you ?
ok you tell me you do the math what does 1000 s9 pay today after this btc spike and how much do you get divided by 15.000.000 tokens.
I know the answer do you ?
A single antminer S9 can currently yeild ~0.02341693 BTC. So 1,000 s9's running without any down time, in theory should yield 23.4 BTC each month.
This BTC is split between the team and token holders. With token holders supposedly getting 50% as the "investors profit share".
23.4 / 2 = 11.7 BTC
So 11.7 BTC for the token holders each month.
11.7 x ~11,000 USD = $128,700
Coinmarket cap shows a circulating supply of 15,724,272 ROCK2 tokens.
If we assume that all 15 million are held by retail and get a portion then
128,700/15million = 0.00858 cents USD per token held
Assuming you hold 1,000 ROCK2 then the dividend yeild is $8.58.
How is my math?
The fact that IRM used "puffery" (its is a legal term) in its ICO is nothing new. Many over promoted their ICOs to generate interest. Not saying it was right or ethical (from a business viewpoint). And lots of mis-information as I do not ever remember IRM PROMISING massive ROI. There calculation was correct based on a series of (flawed) assumptions. If anyone actually believed their ROI calculator that was not set up in real time then they were not thinking very much about their investment (ie. they clearly "cherry picked" the best numbers to vastly inflate the predicted static ROI). There is the old saying, "If it seems to be too good to be true, it probably is".
Does all the BS and questionable management from IRM matter to me.... Not really as all the other coins I hold pay me nothing. For me this is a longer term hold, I will exit with a profit eventually. Simply by buying more ROCK2 with each month with my earned dividend I am slowly dollar cost averaging down. I will eventually escape this crypto trade with minimal losses. Other than constant complaining what is your strategy to leave this trade with profit? If you are focussed on everything the company is doing wrong then you are a poor trader as you aren't focusing on your money and your exit strategies... nothing else matters. Good luck.
Ahahah so true. Just a bunch of liars. They doing it cleverly, hiding their money making behind 'mistakes'.
Their token is still tanking... i still don't get how it is a good investment for anyone
Their token is still tanking... i still don't get how it is a good investment for anyone
Lol....In October 2018 the Icerock wrote they have funds for 7000 miners, now they have 2000 miners
In December 2018 was the payout to:
ICEROCK TEAM: 2,57 BTC
ALL INVESTORS 3,98 BTC (so to all investors who invested round 15.000.000 USD - dont know exactly if 13,14,15 or 16) ....cmooon LOL
??
The payout will be the same everytime. When the BTC is down you receive sh-it, when the BTC is up they just tell you the difficulty of mining is higher so there are less BTC and you receive the same sh-it like when the BTC is down
My advice is....FU
In December 2018 was the payout to:
ICEROCK TEAM: 2,57 BTC
ALL INVESTORS 3,98 BTC (so to all investors who invested round 15.000.000 USD - dont know exactly if 13,14,15 or 16) ....cmooon LOL
??
The payout will be the same everytime. When the BTC is down you receive sh-it, when the BTC is up they just tell you the difficulty of mining is higher so there are less BTC and you receive the same sh-it like when the BTC is down
My advice is....FU
I respect your opinions, thruly, and I'm happy if you think you made a good choice, all power for you in that sense.
But you didn't react on the points I made (and i made a lot).
Also you saying when BTC is going to go up, every altcoin will follow. Well, now bitcoin is at 9.7k, yet ROCK2 token is falling hard! In the past 2 months it did nothing but dump. All other altcoints are peaking again.
My guess, but it's thruly just a theory: some big investors regurarly cashing out because they don't want to be the part of this. Price is very very low for this token and it doesn't seem to change, even that bitcoin is clearly rising.
But you didn't react on the points I made (and i made a lot).
Also you saying when BTC is going to go up, every altcoin will follow. Well, now bitcoin is at 9.7k, yet ROCK2 token is falling hard! In the past 2 months it did nothing but dump. All other altcoints are peaking again.
My guess, but it's thruly just a theory: some big investors regurarly cashing out because they don't want to be the part of this. Price is very very low for this token and it doesn't seem to change, even that bitcoin is clearly rising.
I am neither blind, a poor investor or stupid. I am not "part of the team either (I live in Canada) and I have written blog posts pointing out both the positive and negative aspects of this project. Your comments show you are clearly biased and not a critical thinker.
Not going to defend Ice Rock Mining. I think the dividend payout speaks for itself about the quality of the project. Getting a large number of antminers or waiting for higher hashrate next generation machines is not a fast task (everyone wants these crypto mining machines and companies have to enter into contracts with the manufacturer (Bitminer). Just getting a meeting to discuss buying in quantity is not easy to do. A real success that IRM managed to do this!
I gained some ROCK2 through bounty tasks and bought a few tokens during the ICO. Comparatively, if anyone bought at the top of the last Bitcoin Run have seen their alt coins and Bitcoin lose a significant amount of value, not just ROCK2.
I too have lost money on this cryptocurrency (unrealized as I haven't sold any ROCK2) and other altcoins I hold. I am waiting for the next BTC run up to 20K or more, which WILL happen eventually. The next bull run for Bitcoin will pull ETH, ROCK2 and other promising altcoins much higher (that will be the time to sell ROCK2 and exit).
You could have bought any other coin and you would have lost the same amount during this last bitcoin down turn. I feel bad that you were a victim of bad timing and sold at a loss.
BTW who is the blind investor here (the one patiently waiting for ROCK2 to be pulled up by BTC during the next run before selling or the person who sold at a loss and is complaining)?
Own your crypto-trading mistake, learn from market timing cycles, and stop blaming others!
==============
Typical ice rock mining mentality. You either part of the team or just a blind investor. I already feel sorry for your money.
- I've invested 12k last year, almost exactly a year ago actually. Their token worth around 3k right now, so i lost 9k immediately, just by investing.
- you talking about dividends they paying. After my 12k, i've got 5 usd per month! You gotta be kidding me if you think it's a good investment.
- They don't develop, they had 1000 miners, now they have 970ish because the lifetime of these miners are not too long (wonder why).
- They develop a webapp without even knowing how to develop a proper application
- They introduce some shitty ROCK2PAY token with reasons that we weren't asked on the first place as investors. It juts doesn't make sense. For example many ppl (like me) had accounts to hold ROCK2 tokens but it didn't support ROCK2PAY tokens, so there was NO WAY to get any dividends and they ignored anyone who dared to ask them about it. At LEAST we should be able to choose if we want ETH or ROCK2PAY. Btw they did it because lof of people at the beginning buying rock token with an unsupported wallet and they just wanted to save that money for themself, not giving away those ETH coins. Just think about it....
- They ordered 1000 miners back in time and decided to ship it with a TRUCK from china which took FOREVER. If you know how these trucks operates you should know it'll take a lot of time. They just wanted to save money (they actually spent more, since the miners couldn't start working after month of ordering). It is just PLAIN STUPID!
- You can't talk to them because they sensitive and ban you, even if you ask it in a pollite way. They can't even take positive critisism. I am as an investor should not be banned for asking critical questions in a pollite way. It's not a profesisonal business, it's a joke what they doing.
- What happened with the cave? Noone knows, probably they again failed to calculate the necessary equipment/space/whatever to actually turn that cave into a working solution. I just don't eat the reason they come up with.
- They didn't send dividends, even after the minters were working, don't know why, only after couple of months, when they finished setting up all the 1000 miners. But they did get already a lot of BTC while they were planting those miners. They are shady af if you ask me.
- Their token is failing hard. Today their ROCK2 token is hitting another time the lowest value ever in exchange to BTC.
I could come up with even more reasons but if this doesn't raise a red flag in your mind, then.... well you are helpless.
Not going to defend Ice Rock Mining. I think the dividend payout speaks for itself about the quality of the project. Getting a large number of antminers or waiting for higher hashrate next generation machines is not a fast task (everyone wants these crypto mining machines and companies have to enter into contracts with the manufacturer (Bitminer). Just getting a meeting to discuss buying in quantity is not easy to do. A real success that IRM managed to do this!
I gained some ROCK2 through bounty tasks and bought a few tokens during the ICO. Comparatively, if anyone bought at the top of the last Bitcoin Run have seen their alt coins and Bitcoin lose a significant amount of value, not just ROCK2.
I too have lost money on this cryptocurrency (unrealized as I haven't sold any ROCK2) and other altcoins I hold. I am waiting for the next BTC run up to 20K or more, which WILL happen eventually. The next bull run for Bitcoin will pull ETH, ROCK2 and other promising altcoins much higher (that will be the time to sell ROCK2 and exit).
You could have bought any other coin and you would have lost the same amount during this last bitcoin down turn. I feel bad that you were a victim of bad timing and sold at a loss.
BTW who is the blind investor here (the one patiently waiting for ROCK2 to be pulled up by BTC during the next run before selling or the person who sold at a loss and is complaining)?
Own your crypto-trading mistake, learn from market timing cycles, and stop blaming others!
==============
I just have to laugh.... so many haters and people still saying this project is a scam after nearly a year of them paying dividends. Sorry for all those not holding ROCK2 and crying scam. While you are crying I am quietly making a small profit every month holding my ROCK2.
IMO Ice Rock Mining is a solid project and continues to pay me a Rock2Pay dividend every month - with an easy to follow manual to convert it to ETH at anytime. With the entire cryptocurrency market rising now, the increase in ETH value will make holding ROCK2 even better!
Ignore the trolls, continue setting up miners over time, and continue the great mining dividends to all ROCK2 holders.
With greatest thanks.
IMO Ice Rock Mining is a solid project and continues to pay me a Rock2Pay dividend every month - with an easy to follow manual to convert it to ETH at anytime. With the entire cryptocurrency market rising now, the increase in ETH value will make holding ROCK2 even better!
Ignore the trolls, continue setting up miners over time, and continue the great mining dividends to all ROCK2 holders.
With greatest thanks.
Typical ice rock mining mentality. You either part of the team or just a blind investor. I already feel sorry for your money.
- I've invested 12k last year, almost exactly a year ago actually. Their token worth around 3k right now, so i lost 9k immediately, just by investing.
- you talking about dividends they paying. After my 12k, i've got 5 usd per month! You gotta be kidding me if you think it's a good investment.
- They don't develop, they had 1000 miners, now they have 970ish because the lifetime of these miners are not too long (wonder why).
- They develop a webapp without even knowing how to develop a proper application
- They introduce some shitty ROCK2PAY token with reasons that we weren't asked on the first place as investors. It juts doesn't make sense. For example many ppl (like me) had accounts to hold ROCK2 tokens but it didn't support ROCK2PAY tokens, so there was NO WAY to get any dividends and they ignored anyone who dared to ask them about it. At LEAST we should be able to choose if we want ETH or ROCK2PAY. Btw they did it because lof of people at the beginning buying rock token with an unsupported wallet and they just wanted to save that money for themself, not giving away those ETH coins. Just think about it....
- They ordered 1000 miners back in time and decided to ship it with a TRUCK from china which took FOREVER. If you know how these trucks operates you should know it'll take a lot of time. They just wanted to save money (they actually spent more, since the miners couldn't start working after month of ordering). It is just PLAIN STUPID!
- You can't talk to them because they sensitive and ban you, even if you ask it in a pollite way. They can't even take positive critisism. I am as an investor should not be banned for asking critical questions in a pollite way. It's not a profesisonal business, it's a joke what they doing.
- What happened with the cave? Noone knows, probably they again failed to calculate the necessary equipment/space/whatever to actually turn that cave into a working solution. I just don't eat the reason they come up with.
- They didn't send dividends, even after the minters were working, don't know why, only after couple of months, when they finished setting up all the 1000 miners. But they did get already a lot of BTC while they were planting those miners. They are shady af if you ask me.
- Their token is failing hard. Today their ROCK2 token is hitting another time the lowest value ever in exchange to BTC.
I could come up with even more reasons but if this doesn't raise a red flag in your mind, then.... well you are helpless.
I just have to laugh.... so many haters and people still saying this project is a scam after nearly a year of them paying dividends. Sorry for all those not holding ROCK2 and crying scam. While you are crying I am quietly making a small profit every month holding my ROCK2.
IMO Ice Rock Mining is a solid project and continues to pay me a Rock2Pay dividend every month - with an easy to follow manual to convert it to ETH at anytime. With the entire cryptocurrency market rising now, the increase in ETH value will make holding ROCK2 even better!
Ignore the trolls, continue setting up miners over time, and continue the great mining dividends to all ROCK2 holders.
With greatest thanks.
IMO Ice Rock Mining is a solid project and continues to pay me a Rock2Pay dividend every month - with an easy to follow manual to convert it to ETH at anytime. With the entire cryptocurrency market rising now, the increase in ETH value will make holding ROCK2 even better!
Ignore the trolls, continue setting up miners over time, and continue the great mining dividends to all ROCK2 holders.
With greatest thanks.
Typical ice rock mining mentality. You either part of the team or just a blind investor. I already feel sorry for your money.
- I've invested 12k last year, almost exactly a year ago actually. Their token worth around 3k right now, so i lost 9k immediately, just by investing.
- you talking about dividends they paying. After my 12k, i've got 5 usd per month! You gotta be kidding me if you think it's a good investment.
- They don't develop, they had 1000 miners, now they have 970ish because the lifetime of these miners are not too long (wonder why).
- They develop a webapp without even knowing how to develop a proper application
- They introduce some shitty ROCK2PAY token with reasons that we weren't asked on the first place as investors. It juts doesn't make sense. For example many ppl (like me) had accounts to hold ROCK2 tokens but it didn't support ROCK2PAY tokens, so there was NO WAY to get any dividends and they ignored anyone who dared to ask them about it. At LEAST we should be able to choose if we want ETH or ROCK2PAY. Btw they did it because lof of people at the beginning buying rock token with an unsupported wallet and they just wanted to save that money for themself, not giving away those ETH coins. Just think about it....
- They ordered 1000 miners back in time and decided to ship it with a TRUCK from china which took FOREVER. If you know how these trucks operates you should know it'll take a lot of time. They just wanted to save money (they actually spent more, since the miners couldn't start working after month of ordering). It is just PLAIN STUPID!
- You can't talk to them because they sensitive and ban you, even if you ask it in a pollite way. They can't even take positive critisism. I am as an investor should not be banned for asking critical questions in a pollite way. It's not a profesisonal business, it's a joke what they doing.
- What happened with the cave? Noone knows, probably they again failed to calculate the necessary equipment/space/whatever to actually turn that cave into a working solution. I just don't eat the reason they come up with.
- They didn't send dividends, even after the minters were working, don't know why, only after couple of months, when they finished setting up all the 1000 miners. But they did get already a lot of BTC while they were planting those miners. They are shady af if you ask me.
- Their token is failing hard. Today their ROCK2 token is hitting another time the lowest value ever in exchange to BTC.
I could come up with even more reasons but if this doesn't raise a red flag in your mind, then.... well you are helpless.
Hello this month I received less than in previous months! I thought adding more miners the payments would be greater ...
As a matter of interest, how is your ROI working out?
Laughted on your comment. Very much on point!
I gave up with them. They started bad, they doing even worse now. Unprofessional team, deciding up to whatever emotion their 'leader' has. Banning people on telegram who dare to ask questoins.
They promised like 400% ROI in 1 year, reality is that we are at what... 1%?
They haven't even thought through the whole mining process. They had a plan and they didn't stick to it. It took 5 months to implement their first 1000 miners (and they still have only 1000
)Just a bunch of noobs trying to be professional but failing to be. Basically they 'forgot' that shipping takes so long, also they failed to realize that it'll take time to put those miners into place.
I withdraw my 12k investment. Lost a lot of money but i'm happy i don't have to worry about what shitty decision they'll have next time.
I will be following them because it's so entertaining how unprofessional they are.
Do the same if you want to get back anything. Their ROCK2 token price is failing HARD.
I have tons of negative experience with them, with their decisions, but i don't want to get into that. you get the point.
3. They are a dictatorship on Telegram and anyone who dares to even question something is banned. They have had to un-ban many people after others have said hey he was joking or it was only a question etc. But overall they do not give a shit about investors.
Sorry mate but i cannot access their telegram group, i remember i was there but now i am no longer in that group, i even searched their group but it says it does not exist.
It's because they blocked you
I aggree with all of the things you guys saying about IRM team. What a joke team...
@iamisti,
Lifetime profit means they will keep mining and paying out as long as mining remains profitable. Miners will regularly be replaced by re-investment miners.
They have some of the lowest mining costs in the industry. Way better than hashflare, minerone etc so relax. Only worry if BTC collapses and never recovers. I personally don't see that happening.
Their tokens are so cheap now on token.store FYI. Perfect time to get in if you expect a bull run.
Lifetime profit means they will keep mining and paying out as long as mining remains profitable. Miners will regularly be replaced by re-investment miners.
They have some of the lowest mining costs in the industry. Way better than hashflare, minerone etc so relax. Only worry if BTC collapses and never recovers. I personally don't see that happening.
Their tokens are so cheap now on token.store FYI. Perfect time to get in if you expect a bull run.
But they specifically said it's not lifetime.
They said it's only the lifetime of the miner machine. And when I asked them they blocked me. Could anyone figure that out for me?
Chill, dude! This is ICO investment and if you look at envion should be lucky to invest in icerock. Things need time to be decided carefully and I'm happy that icerock hasn't spent all money to purchase old S9. It's better option to wait for new and better ones. S9 will be shit soon.
The decision was made very transparent by a vote from the investors so you have to blame them if you wanted to have all money invested for old S9 miners.
And communication has improved, there is a separate news channel and if you want to inform yourself about news it's very easy. Please don't blame other for your lack of informations.
First post of you, very offending one against IRM, like we have seen it often here in the past
yes im with you. white paper says start mining 10/07 and for what i see will get paid end of August and with luck 20% of the IRM calculator income. I was a little dumb in that, I might have invested in a real state that was better
You should invest in tether...Edit: I read your last posts and see you have 3000 rock2. Don't worry and don't let you lead by fudsters. ICO needs time and the visibility of process is speaking in favor of icerock. I would invest in this again. See you around mate!
[/quote]
yeah sorry man, I'm just pissed of a bit. I can't see any news because they blocked me when I asked something. I didn't ask any offensive question, I was asking some specific facts (lifetime of the contract) and they banned me.
They don't publish these kind of news on any on their channels. I was checking their youtube, instagram, facebook but nothing.
Btw, can anyone can confirm this -> Once in their youtube questionare they said lifetime contract doesn't mean forever, they meant the lifetime of a miner machine!!!! I was like wtf are u talking about, whitepaper didn't mentioned it at all, they never mentioned this way at all.
So I feel like they are trying to back off and win a lot of money by altering few things and bits they said. Probably that's why their marketing guy left few months before, because what they are doing is just ugly and unrespectful.
It's funny the way they pissed of when someone dares to ask them crutial questions. They get offended and just simply ban these ppl. Which is completely nonsense, since we are the freaking investors and they own our money and shares physically, so they should be humble and just explain everything in detail.
They are so late with mining and buying all the miners as well. And they didn't even communicate this delay, they think it's normal? I just can't get my head around them... they are so unprofessional, it hurts just by seeing it.
They should immediately make an announcement that their milestone will be delayed and the expected date is this and that.
I didn't even know that they still haven't purchased all the equipment.... WHY??? Fcking idiots.
So I feel like they are trying to back off and win a lot of money by altering few things and bits they said. Probably that's why their marketing guy left few months before, because what they are doing is just ugly and unrespectful.
It's funny the way they pissed of when someone dares to ask them crutial questions. They get offended and just simply ban these ppl. Which is completely nonsense, since we are the freaking investors and they own our money and shares physically, so they should be humble and just explain everything in detail.
They are so late with mining and buying all the miners as well. And they didn't even communicate this delay, they think it's normal? I just can't get my head around them... they are so unprofessional, it hurts just by seeing it.
They should immediately make an announcement that their milestone will be delayed and the expected date is this and that.
I didn't even know that they still haven't purchased all the equipment.... WHY??? Fcking idiots.