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Showing 8 of 8 results by tucos
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Topic
Board Altcoin Discussion
Re: REALT - Fractional and frictionless real estate investing - MY EXPERIENCE
by
tucos
on 29/04/2020, 11:51:51 UTC
They claim to have properties in the USA but if you are familiar with American policies regarding crypto, securities and tokenization you will know that they are far from being friendly rather they are very strict and as far as i know such a project can not run without approval from SEC so be careful if they are not approved, you will end up loosing money of that is the case.

this is also my problem with atlant.io which works the same as this realt both have to consider american policies regarding crypto investments and as of the moment licenses are pending. but its always good to invest at early stages specially in real estate

They are very strict and do KYC in order to buy any asset. If you can't pass KYC you can't buy anything.
Here is an example document that you sign in order to buy a token. https://realt.co/wp-content/uploads/2019/09/REALTOKEN-LLC-SERIES-1-9943-MARLOWE-1.pdf

https://icis.corp.delaware.gov/Ecorp/EntitySearch/NameSearch.aspx.
Search for Realtoken INC and Realtoken LLC

I tried to look into atlant.io and I can't see any listings on the website.
Post
Topic
Board Altcoin Discussion
Re: REALT - Fractional and frictionless real estate investing - MY EXPERIENCE
by
tucos
on 27/04/2020, 09:58:04 UTC
Hello all, I have been investing with realt for some time now. I documented my research into this a while ago. I will check here to see if I can answer any of your questions.

https://medium.com/@tufcos1/realt-due-diligence-dd6c8d29b3d9
Post
Topic
Board Announcements (Altcoins)
Re: BYTEBALL: Totally new consensus algorithm + private untraceable payments
by
tucos
on 26/07/2017, 10:36:14 UTC
Why is this coin only in bittrex? 99,46% of the volume is traded there, makes it hard to buy.

There is no roadmap for future improvements, what is the current usage of the currency. I have seen the applications, but any web sites that show the currency is being utilized other than speculation?

edit: removed a link.
Post
Topic
Board Service Discussion
Re: Genesis-Mining Review
by
tucos
on 26/07/2017, 10:16:04 UTC
I think it is time that I write about my investment failure here as well. Everything was in front of my eyes and I couldn't see the negative outcome.
I think it is time for another update.

https://blockchain.info/address/1hiJahLpuiD5ooMg9CQPwrYjXdDhJ3NP4
Here you can see income I have received from genesis-mining. It is now 5.2 BTC total (5.61-0.41 - I have bought from a friend)
I think we will now settle at 6 BTC after maybe another year. Genesis mining web site now converts 5.2*current price of BTC which shows profit on USD.
 
Here is the dilemma: If you think BTC value will not increase you will not be paid so there is no point in mining, if you think BTC value will increase in the future what is the point in mining, just keep the damn thing in a wallet. Either way do not invest in mining

Mining is profitable in China where there is cheap electricity and they are pretty much exporting coal in a profitable way. But still they are not increasing their assets in terms of BTC, they are getting USD.


Post
Topic
Board Service Discussion
Re: Genesis-Mining Review
by
tucos
on 01/02/2017, 08:24:25 UTC

This should be copied to every page of this thread, as it perfectly shows how the scheme works. If more people like you put big money into it the owners are now spending their weekends sunbathing and sipping margaritas. When did you invest these 12.5BTC? Based on that we could calculate your profits from the recent price pump. Buying these coins in Autumn and holding would result in 20% profit and sending it to those crooks cost you time and money.
My friend hold his BTC and they are up like more than 50% and I've lost a lot.

Here is my total spent from the web site: 
My Completed orders
Order created              Start date    End date         Hashpower    Type                             Price    Order status       
2016-07-16 11:26:55    2016-07-16    ∞                 2.5 TH/s       sha256                     BTC 0.62    Approved    
2016-07-16 11:26:55    2016-07-16    2017-07-16     5 MH/s        dagger-hashimoto       BTC 0.27    Approved    
2016-07-21 13:24:03    2016-07-21    ∞                 5 TH/s          sha256                     BTC 1.24    Approved    
2016-08-12 18:02:53    2016-08-12    ∞                 40 TH/s        sha256                     BTC 10.61    Approved    
Post
Topic
Board Service Discussion
Re: Genesis-Mining Review
by
tucos
on 31/01/2017, 11:18:59 UTC
I think you might get confused by the fact that btc was way up a month ago.
A 20% increase in bitcoin value can be a much bigger increase in payout.

This is because the costs/fee are a fixed costs.
If bitcoin rises by 20% this costs stays the seem, resulting in a larger payout.

You are referring to  the peak arouund 1200 dollar. Yes, it makes sense payout was higher at the time.

I guess you could be right, still I have no way of verifying the numbers and comparing with other similar users.
Post
Topic
Board Service Discussion
Re: Genesis-Mining Review
by
tucos
on 30/01/2017, 13:37:07 UTC
For the last 10 days I'm getting 0.01 BTC per day. It was 0.021 up until the beginning of this month. Then it continuously dropped and it has been stable for the last 10 days.
I don't think they are distributing in the same way for each user.

By my calculation you should be getting 0.0013 BTC per day for 6.2 TH.  

https://blockchain.info/address/1hiJahLpuiD5ooMg9CQPwrYjXdDhJ3NP4
Here is my account address, you can see the payouts.

You spend quite a lot on that  Sad
Shame it does not work.

Could you give me an overview of your payouts of the last 5 days and your total hashrate?
would like to compare this to my payout.

Compare the payouts relative to hashrate and see if they are actually paying out what is earned or just tricking the whole thing.

edit: Let me be the first:

Total hashrate: 6.2TH/s
Payouts:
0.002124
0.002135
0.002106

This would results roughly in a payout of 0,034258 BTC per 100 TH/s.
Which would mean you need to get around 47,5% of that.
That is 0,016272

Is that close to what your current daily payout is?



Post
Topic
Board Service Discussion
Re: Genesis-Mining Review
by
tucos
on 30/01/2017, 10:22:25 UTC
I think it is time that I write about my investment failure here as well. Everything was in front of my eyes and I couldn't see the negative outcome.

I have spent close to 12,5 BTC into the service and it cost around 6400 USD at the time. I have spent the majority of my BTC into the service around August 2016. Before that I have made smaller investments to see the service in action. It has been 5 months and I think it is safe to say I won't make it back.

Payments have started from 0,025 and now have fallen to 0,01 BTC per day. The amount I have gotten back in terms of BTC is 3.4 as of today. It is displayed in USD in Dashboard so it says if I have converted everything into USD I'd have made back 3.000 USD. From here onwards until the end of time I'm expecting to make another 1.000 USD so there is a net loss of at least 2.5K USD. In terms of BTC I have lost close to 8 BTC including the remaining payment I will get.

Is Genesis-Mining a scam?
- They don't reveal much of anything about their daily operations, you get payments out everyday.
- They are saying they will give out according to your share in the ever increasing Hash rate world which was aroun 1.5M TH when I invested and it is now around 3.4 M. Obviously you are gonna get less everyday.
- They state how much per GH they will charge for electricity.

So if everything is in front of you and they are saying they will do the job under these terms and you cannot see the future clearly is this a scam? That is an ethical dilemma I'll leave you to ponder about. I can think about that I have supported the BTC community but that's not how I see it.

My lessons learned:
- Don't make an investment decision late Friday night.
- Do not go all in.
- FFS read the fucking forum (I've found this forum AFTER the investment.)

I can provide screenshots and more info if needed.

Edit: If anyone wants to buy 47.5 TH I'm selling it for 3.000 USD, much cheaper then they are selling on their web site Tongue