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Showing 13 of 13 results by pinionless
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Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 31/03/2018, 19:50:37 UTC
It’s a pity that there’re no even approximate descriptions of the future mining center. It’d be interesting to learn it’s capacities, profitability and etc.

I would also like to find out what is current projected ROI at current ETH rates.
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Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 31/03/2018, 12:05:53 UTC
for those of you considering an investment in One Miner, read this first.

Miner One scammed early investors by lowering MIO token price by half.
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Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 30/03/2018, 18:07:29 UTC
Nobody is actually sending Miner One USD, as in your example.

OK, lets try again

Imagine you send them 1160EUR and they buy one S9 miner.
8 weeks later someone else sends them 1160EUR and they buy another S9 miner.
MinerOne has now two S9 miners at this point.

Due to the way they distributed tokens you will only get 36% of profits, the other person 64%; meaning someone else is profiting from the ASIC you payed for.
This is not OK.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 30/03/2018, 15:52:23 UTC


You do realize its not a scam in any way? Its unfortunate indeed, but you didn't loose your money. You got less than you could've had but its the same thing as day trading. Do you complain on exchanges as well when you trade your crypto to fiat and then the price changes and you could've bought cheaper/sold more expensive?

Besides Im pretty sure you wouldn't be complaining if ETH price did rise instead of going down because then you'd had had more tokens for the same price in fiat as an early investor.
I understand what you are feeling since I did invest early as well. But I take this as an opportunity to reinvest to get even more tokens now.
Its crypto world so no on can guarantee that you will be winning all the time.

Its written on their site/WP that they are indexed on ETH, and you made the choice to invest knowingly.


Imagine you send them 1450$ and they buy one S9 miner.
8 weeks later someone else sends them 1450$ and they buy another S9 miner.
MinerOne has now two S9 miners at this point.

Due to the way they distributed tokens you will only get 36% of profits, the other person 64%; meaning someone else is profiting from the ASIC you payed for.
This is not OK.

I am not here to promote other mining operations,
I just want to warn anyone interested in MinerOne and inform them about how they treated early investors.

I will also post updates on any dividends they pay out to show how early investors got screwed.
(According to their website I am looking at 141% ROI first year (without the bonuses))
(I predict that it will take 1,5+ years for early investor to get ROI from dividends.)
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 30/03/2018, 12:44:25 UTC
That is not an argument that makes any sense, Pinionless. All we can do is repeat that we cannot control cryptocurrency exchange rates, and we have detailed and emphasised the risks, including this one, time and time again. MIO was never tied to the price of EUR, so your comparison is not relevant and certainly not evidence of any malfeasance on our part. If you are looking for an investment that offers a high degree of certainty and predictability, you should not be investing in anything cryptocurrency-related.

Yes, you can not control the price of ETH
But you control the price of MIO
And the price of MIO dropped by almost half due to your incompetence.
You do realize that due to this your early investors will not get 100% ROI in first year of mining? As their dividends will be half of what new investors will get.

I advice everyone reading this to invest in IceRockMining or Ambit Mining.
They protect early investors.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 30/03/2018, 12:17:59 UTC
Thank you, Pokachou. Please also remember that healthy discounts were offered to early investors, so the MIO Tokens obtained at the start of the crowdsale were significantly discounted. Complaining about exchange rate fluctuations that no one can control is not very productive. We tied the price of MIO to ETH because we are using smart contracts to manage MIO Tokens. As for the funds raised, not all of them are in ETH.

That is a lie, MIO tokens at the start where at around 0.53EUR and today they are at 0.27EUR. That is not a discount.

No one is complaining about exchange rates, and no mater how many times you will try to change the subject
it will not change the fact that early investors got SCAMMED

For a long time you were only able to buy stuff on bitmain with cryptos (BCH mainly).

Yes, but they adjust the price based on exchange rate, so it makes no difference if you pay in crypto or FIAT.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 29/03/2018, 17:11:26 UTC
Pairing the price of MIO to fiat protects those that invest with fiat currency but it doesnt protect those that invest directly in ETH/BTC. Did you think about that? A lot of people invest directly using eth/btc. This way they are protected. With your solution (the one used by IRM), you get the exacte same use case for people investing in BTC/ETH everyday as the price changes.
Its not a simple choice to make since both way can have issues. And you should know the risks of investing in crypto with that high volatility.

When they are buying equipment in FIAT the smart thing is to set the token price in FIAT. Like all other mining companys did.
Sadly Miner One is not run by intelligent people.

Even worse is that instead of fixing the problem they pretend everything is ok.
Now, me and other people that got in early are looking at 1,5 years+(even if price of ETH goes up) to get ROI when new investors will it in 8 months.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 29/03/2018, 10:36:00 UTC
Dear Pinionless, as is obvious to anyone with even a basic understanding of markets, Miner One cannot control cryptocurrency exchange rates, including the EUR:ETH exchange rate. Due to the recent drop in ETH prices, it is now a more favourable time to buy MIO for EUR than it was before because the price of MIO is currently tied to ETH.
You don't control the price of ETH but you control the price of MIO, and today the price of MIO is half of what it was 6-8 weeks ago.
People that got in early lost half of their investment.

We challenge you to produce these people who you claim were "banned" from our Telegram Chat for "complaining" about EUR:ETH exchange rates (unless, like you, they were violating our chat guidelines, which require basic courtesy and civility, and prohibit spamming and advertisements for other products or services like the ones you mention in your other post).
It is impossible now as you deleted all the messages of people that complained about loosing half of their investment due to your incompetence.

Instead of attacking me, lets work on a solution.


Person A (6 weeks ago) Investment 1450EUR at 0.52EUR/MIO =  2788 MIO
Person B (now) Investment 1450EUR at 0.29EUR/MIO =  5000 MIO
Total MIO 7788
Person A INVESTED 1450EURO will get 36% of net output
Person B INVESTED 1450EURO will get 64% of net output

People who got in early got less hashing power than anyone buying in now.
That is not how you should treat your early investors.
Stop avoiding the problem and please tell us how are you going to fix it.


IceRockMining tied their token to USD to protect investors.
I also asked Ambit Mining and their token is also tied to USD.
They also provide bonus to people who got in early and you are the only company that screwed people that got in early.

Again, the size of the investment of people that got in 8 weeks ago is equal to the size of the investment of people that are buying in now, yet early investors got half the coins. THAT IS A SCAM.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 28/03/2018, 18:53:48 UTC
How much does one token cost at the moment?
Right now, with 20% off discount 1 MIO = 0.0008 ETH. You can always find the current discount and the price of 1 MIO token on MinerOne.io. Note, that it is the only legitimate place to acquire MIO tokens at.

Person A (6 weeks ago) Investment 1450EUR at 0.52EUR/MIO =  2788 MIO
Person B (now) Investment 1450EUR at 0.29EUR/MIO =  5000 MIO

Total MIO 7788
Person A will get 36% of net output
Person B will get 64% of net output

Do you realy think it is ok to treat your early investor like this?

Are you going to fix this problem or avoid it?

edit:
Pretending the problem does not exist and banning people is not the solution
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 28/03/2018, 18:31:47 UTC
Actually, you did.

Miner One is not a cloud mining project. You do not buy hashing power with MIO tokens. Every MIO token represents a share in Miner One's monthly net output.

Lets see:

Person A (6 weeks ago) Investment 1450EUR at 0.52EUR/MIO =  2788 MIO
Person B (now) Investment 1450EUR at 0.29EUR/MIO =  5000 MIO

Total MIO 7788
Person A will get 36% of net output
Person B will get 64% of net output

SCAM

BIIIITTTCCCOOOONEEECTTT!

Do you realy think this is OK?
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 28/03/2018, 18:03:39 UTC

Hello. As we have stated from the start - MIO token is priced in ETH, therefore we assign your MIO Tokens to you based on prevailing exchange rates between the currency you use and the current price of 1 MIO in ETH. It is impossible to predict future prices and exchange rates of cryptocurrencies.

We do not ban anyone complaining/forwarding their concerns to us as long as they're keeping the conversation civil and respectful. We did ask you to stop your insults several times and warned you of a ban. You kept on insulting a community member and the team, which eventually resulted in a ban.
I never insulted anyone. Just complained about scamming people

S9 asic is at 1450$ right now.
Someone who will send you 1450$ in FIAT today should get more or less then 14 TH.
But someone that invested 6 weeks ago 1450$ FIAT will get only 8TH because they got less tokens.

Same investment, less coins = scam.


Everyone that complained about this in telegram group got banned.
Post
Topic
Board Tokens (Altcoins)
Re: 🔥 [ANN] 🔥 [ICO] 🚀 Miner One - Cutting-Edge Bitcoin Mining. 🔵 🔵 Crowdfunded.
by
pinionless
on 28/03/2018, 17:28:02 UTC
Be careful investing in minerone.
They screwed early investors by setting coin price in ETH.

A lot of people got in at 0.52EUR/MIO
and today the price is 0.29EUR/MIO

They banned everyone that complained in Telegram Chat.
Every message of people complaining about this was deleted.

Their admin team is very unprofessional. I do not recommend investing.

IceRockMining and Ambit mining tied their coin to EUR making it safer investment.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY] ⛏️ Ambit (AMBT) | Become Part of the Mining Family | Presale April 3 ⛏️
by
pinionless
on 19/03/2018, 02:00:48 UTC
#Proof of authentication
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Telegram username: @Pinionless