Quote from: CryptoPedro on January 15, 2018, 02:22:48 PM

Quote from: Liquid71 on January 14, 2018, 10:58:29 PM

That's unfortunatly the way I'm starting to feel. I know this isn't paycoin or any scam near that level but I've seen enough to know that when something doens't look right it usually turns out to be a scam. They are selling miners for Jan and Feb Deployment but they haven't deployed older orders and won't be able to deploy those. Taking money from people and not being straight with them on the timeline for deployment is shady.
On the other hand a scam wouldn't have delays, because it's a scam they would just pump and dump. So it's really not fair to call them a scam, however they aren't being upfront with customers so I do worry about financial problems. For now I'm taking their word for it, having dealt with UL in the past it's not a fast process to put it nicely, and I don't know Washington State but it took me 5 months to get a permit to build a deck on my house in PA lol. So it's not time to call it a scam but it is time for more transparency from Giga Watt.
And people speculating on prices going to $100 are crazy, this isn't a pump and dump. It's the only utility token with an actual purpose and value but that value is capped. It's also real so even during selloffs WTT has real value behind it and it won't go down nearly as much and will payout more coins if renting and chase out miners with higher electricity costs lowering difficulty for those mining. So there's a limit to the upside but also to the downside of the price of WTT which makes it the only stable investment in cryptoland I know of, as long as they aren't having financial problems and blaming Underwriter Labs and local permits.
Has anyone that ordered a miner last year, say September to December, had it deployed?

I've bought batch 4 WTT and a PandaMiner in early July, a few days after their recent cutoff date for WTT release. My miner was supposed to be deployed in September. It is not yet deployed. More recently I bought WTT off EtherDelta and trnasfered it to my GigaWatt account, where at the lowest rate it is about 58-66% rented on average. I also bought two more miners in November that said December deployment. These are also still not deployed. I even emailed them mentioning that I have the WTT to back all of my miners and do not need to await the batch 4 token release. Support responded and said my two newest ones are delayed until late Jan/Feb but my Panda miner should be operational and they will check in to it. Haven't heard back from them in almost two weeks. Dashboard still says zero miners. I'm actually starting to worry....

Thank you, at least I'm not alone. There is good information on the problems and progress here: https://medium.com/gigawatt

However they shouldn't be accepting money for miners with January deployment when they have such a backlog. The January ones are even slightly cheaper than I paid for which was supposed to be deployed in October and they told me by March when I contacted them. They aren't a scam but, anyone else accepting money from customers promising delivery in January with no possible way to deliver it in that time frame, or delivering to them while earlier customers wait, would be a huge red flag to the point you really can't defend it. Problems and delays, okay shit happens, but stop selling miners with deployments in January and taking money from people if you know you can't deliver in January. And if they can why screw over earlier customers still waiting for deployment. This is such a promising project, and I understand delays, but I don't like seeing them accepting money from customers for miners promising a January deployment when I've been waiting since October.
I was told end of December, now late Feb early March, for what was supposed to be October deployment. I can live with that not happily but shit happens. There's no excuse to keep selling miners with Jan. deployment while others are waiting since September for deployment. Anyone buying now without knowing about the delays is getting screwed, or those of us waiting are, either way it's bad way to do business.

Liquid71

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