Than
Thank you for that.  

Can you please explain why your red dashed line clearly doesnt take into account that last bottom? 

Lmao, his quote is hilarious.

places like coinbase already have preconfigured buttons to use the same way you would a paypal button. 

I will NOT be removing my criticisms or posting of interaction.  You are right, he has seen that he cannot pull a fast one on this community and decided to bow out before he saw himself in front of a judge.  I find it hilarious he claims the negative posts are from people who have never dealt with him when clearly the opposite is true.

F this guy

I buy fractions of coins and just put 2 orders in this morning.  One @ $550 and another @ $706.  Lets see how i fair.  Both orders are only for .2 coins each.

He's an idiot...

January nears closer with each passing day...

you should see increases in your bTC ever 5-10 minutes.  Click the link to go to the ghash.io site (where your ghs is working) for a more realtime update.

What do you do with it?  You can let it sit, which will earn you bTC while your ghs' mine for you, or you can sell your ghs when the bid price is higher than what you paid for it.  2 ways to earn income on cex.io which makes it such a nice option.

Ssn?  It never asked for my social

Go grab screenshots of their current site because if they ditch the site you've lost quite a bit of evidence.

meh, I bought less than 1 BTC about 7 days ago, still pending until tomorrow.  UNACCEPTABLE imo. They got my money from my bank with 2 days though...convenient for them. 

I specialize in .NET development languages and database programming.  I do websites and desktop applications.  About to post on my site that bitcoin is accepted!  Will also being hiring a graphic designer I found on this very site and be paying them with BTC.  I love it!
www.tsoftdevelopment.com

 for someone who as written so many books and was a CIo you think they would provide better explanations instead of blatantly dodging direct and simple questions as well as provide a little better Customer Service. 

I would like to know how his contract could be used against him.  it makes no claim of performance.  Just for giggles i made a spreadsheet to see how this would work out from their pov and mine given a 50% increase in difficulty every 10 days.  I understand thats a large padding.

If i had one of his miners go online for me on 11/5 the suretly amount would have paid by 12/25.  After that the income in $ would be $250 every 10 days and dwindling to $22 every 10 days by March.  Your contractual payments to them would be more than your income mid-January, and you are on the hook for 5 years of payments.  Nothing in that contract says when they will make upgrades and by how much.  I fear you may find yourself on the end of a losing battle.

how can you be so sure?  They can claim it hasnt mined but half the surety amount and you have no leg stand on to prove otherwise.  Can you ask for a current status?  I would love to jump in on this but as you tell i have my reservations about this being a scam.

Btw, i too would be more than happy to remove my post of our email exchange if this turns out to be legit.  Unfortunately i do not have big pockets so would not see it feasible to pursue a lengthy and costly lawsuit.

Please keep us updated on your progress!good luck!

1 more thing: google street view does not show this location to be a likely candidate for a datacenter, whicj is exactly what would be needed to pull off a successful endeavor such as this.  Not to say they dont have co-location elsewhere, just thought it worth mentioning.

BUYER BEWARE!!!!

I will post my email thread with my interaction with him...DO NOT purchase something they cannot even tell you what they have, nor show LEGIT pictures on their website.  They CAN NOT prove the miner's operational status to you, not even through a weekly report via email.  Any startup should at least be able to grab you output from the logs and email to their customers!

EMAIL THREAD:
--------------------------------------------------------------------------------------------------------------------------------------------------
It isnt the first payment or even the second and third payments that cause stress, it's the remaining 50 plus payments I'm legally obligated to pay by signing the contract.

Your website clearly states the machines "use 3 Golden Nonce ASICs".  The Golden Nonces are manufactured by HashFast.  Why arent you disclosing the hardware you guys use?

Bitcoin IS new and risky and one reason it is so risky is because of startup companies taking clients money and never delivering.  You are doing very little to prove to your new customers you guys have what it takes to run a successful business.  I wish you luck and hopefully I will start seeing positive reviews about bitlease.com in the bitcoin community.
________________________________________
From: Rowan Salter
Sent: 11/8/2013 11:15 AM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
Our equipment is not Hash Fast though they have a good product. Hold off till your comfortable. Generally speaking if the $149.00 first payment causes such stress it is not a suitable investment. Bitcoin is new and risky. We appreciate your consideration.
Sincerely,

Rowan Salter

Tweet us @leasebit
http://leasebit.com

Please return new LeaseBit leases via hardcopy with funds attached to:

LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

On Nov 7, 2013, at 6:06 PM, Tyler Nathe <tylernathe@hotmail.com> wrote:
Thanks for the response Rowan but number 3 didn’t really answer my question.  Do you guys currently have the mining equipment on site or are you waiting for shipment from HashFast?  Do you have any actual pictures of the equipment on site if so?  That would certainly be reassuring.
 
I’m sorry, but without at least a weekly report of the miner’s performance I cannot in good conscious submit a 5-year contract for a piece of equipment I have never seen or know how it is performing.  A report could be as simple as an email stating the average hash rate and the number of bitcoins it has mined during that period as well as a cumulative total.  
 
It would also be to necessary to provide addresses in which the miners are collecting bitcoin payments on so we can see how the miner or farm of miners are doing as a whole.
 
Your business model sounds GREAT, but without some sort of verification process for us the clients it would be extremely risky for us to commit to such a long term contract.    
 
Thank you,
Tyler
 
From: Rowan Salter [mailto:rowan@leasebit.com]
Sent: Thursday, November 7, 2013 7:38 PM
To: Tyler Nathe
Subject: Re: Someone submitted your Contact Us form
 
1) we will thru an Ipad ap within 90-120 days.
 
2) we cant specify what has not been built yet. Any representations would be goals not promises
 
3) This concept is workable but has enormous risk. As you don't have to capitalize  the miner  you may judge it worth it.
 
We can promise to do our best. This is a frontier product in a new financial territory.
 
Sincerely,
 
Rowan Salter
 
Tweet us @leasebit
http://leasebit.com
 
Please return new LeaseBit leases via hardcopy with funds attached to:
 
LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

On Nov 7, 2013, at 9:33 AM, Tyler Nathe <tylernathe@hotmail.com> wrote:
Dear Rowan,
I have yet to receive a response to the following questions:
     1. Will you provide a way to view live miner stats or send daily/weekly reports of the miners productivity?
     2. Do you have a set schedule in which upgrades will take place and how much processing power will be added on each upgrade?
     3.  Is the hardware currently on site?  

Unfortunately in the bitcoin industry there appears to be a lot of scams going on, even from large reputable dealers such as Butterfly Labs which leave their paid customers habging for months with no product and by the time they do receive product it is too late to make any money from mining since it is outdated hardware.  I just need to know that my investment is safe with leasebit.com.

Thank you,
Tyler Nathe
________________________________________
From: Tyler Nathe
Sent: 11/6/2013 2:26 PM
To: Rowan Salter
Subject: RE: Someone submitted your Contact Us form
Thanks for the response Rowan.  If you could, please answer my questions I sent to the solutions@leasebit.com email address yesterday so i can remit my contract and payment to you ASAP.  I know in the bitcoin mining world "time is money".
Thanks again,
Tyler Nathe

Locked and held

Sincerely,

Rowan Salter

Tweet us @leasebit
http://leasebit.com

Please return new LeaseBit leases via hardcopy with funds attached to:

LeaseBit
Attention:Rowan Salter
1223 Wilshire Blvd
Suite 747
Santa Monica, CA 90403

> On Nov 5, 2013, at 9:08 AM, Contact Us form <forms@apps.registeredsite.com> wrote:
>
> Name: Tyler Nathe
> Email:
> Phone number:
> Subject: qty 1 Braun1 price lock-in
> Message: This is to lock in the price of $149 for a qty of 1 braun1 lease as advertised. Thank you.

Hello all . I've been lurking for a week or so doing as much research as I can into bitcoins, even have my little ATI 4870 sucking more $ in power than it generates in coins just to learn about the process.

i am currently in negotiation with a company claiming to lease miners and provide upgrades quarterly but none of my serious questions are getting answered which to me smells like a scam.  If this is in fact a scam a fully plan to file the paperwork needed with the Consumer Protection Agency and have them shutdown.

I feel like all of you who are being taken for fools and being lead along by these hardware companies need to file suits for damages.  There are laws on the books protecting consumers such as ourselves from shady business practices and imo a refund of USD is nit good enough since they technically cost you much much more in damages by not holding onto their end of the bargain.

There, i've said my piece. Thoughts?