I personally would never have allowed this kind of interpretation, but that's something courts decide not me, and I can see how the legal system - whatever lay people might think to the contrary, that they would prefer to go on precedent and take a dim Can Electrum Handle Litecoin Cryptocurrency Initial Offering of people trying to go around the law. Not defending genesis mining here I don't know much about them for other stuff they might or might not do, just basing this on OPs description. Profiting on mining hardware is uncertain and uneven. If you want to invest in crypto-currencies, the best way to do it is through currency trading, however, that have a lot Hashflare.io Genesis Mining Mining Altcoins Reddit pitfalls. That's why I've been looking at the bigger sites, but they provide no indications of potential earnings. I do not think cloud mining is a scam, well not all of. Almost a year of cloud mining at Hashflare. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. Since then I have bought mostly alt coins and own almost no btc or eth. Or bet on alt-coin. Doxing or posts that resemble doxing will result in the post being removed and the user banned permanently. Want to add to the discussion? I could be wrong there, but that is what I read. Does anyone use hashflare or genesis mining that can tell me how it is and their experience with Hashflare.io Genesis Mining Mining Altcoins Reddit site self. Cloud mining isn't a scam, it's just an investment that comes with its own risks. Make sure you understand exactly what you're buying, and what problems it solves. Both of them are playing with your own money, but you call only one scam, the other cloud mining Another possibility is that HF rents hashpower from other bigger pools, simply acting as a middle man. Look at the difficulty history and decide for yourself if this is the case. Submissions that are mostly about some other cryptocurrency belong. Welcome to Reddit, the front page of the internet. Hopefully GM will be offering new contracts soon. Join us at our Discord: For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong. All additional information on how to use Hashflare promo codes is accessible on our website. They kept storing in my account as the fees was more than the return. Besides, The reward value per block vs. Here is a chartit doesn't look like it's going anywhere else than up Consensus In Bitcoin Bittrex Ethereum Currency Disabled soon. Submit a new link. Option E Ignore me because I'm just some random person on the internet who may be trying to manipulate you for my own gain. We should all unite and request the following: Thanks for your response. No one is going to just give away free money. It's possible, but you have to be extremely cunning or lucky. Depending on the details, these mining contracts might fail to be regulated investment contracts on the "common enterprise" or efforts of another elements of the Howey Test.
I had a similar experience buying 2. But to me I still think that is profitable to mine Dash. I understand this widespread definition of securities now, I can see why the SEC applies it this way. No info to me during this time. Cloud mining isn't a scam, it's just an investment that comes with its own risks. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong. If it would be profitable, cloud miners would themselfes be their best customers! Take your time and research potential investments. It's very common for them Bank Freeze Account Accepts Bitcoin Ethereum Current Price Usd stretch the coverage to nail someone they think is a crook. The real danger is the scam that they might not actually have any mining equipment and I dont know anything about this particular bitcoin mining group - just like if you had a Yukon River Gold contract, and they sent you little bottles with gold flakes in them and then later a note that says "Welp, gold's all gone sir, on that stretch of Gtx 970 4g Altcoin Mining Mining Alt Coins Profitable river, and with the technology we have to recover it .
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: I'd be surprised if it doesn't get back there again at some point. Very bad customer service never got an answer out of my 3 support request Random payouts if you make the total you are supposed to receive from their admin and the total you receive, you have big gaps, and still no answer from customer support. It is taking forever to sort them out. Shares in anything offering a revenue generating activity would be a security. I came to a similar conclusion after trying Nicehash for about a month on various coins. The problem is that there is so much demand for cloud mining, and people buy these contracts without regard to profitability and risks that they are able to actually sell under terms where the people buying these contracts don't have enough built-in profit to make up for the risk they are taking. Been investigating the potential of cloud mining cryptocoins as a novice and seeking good info. Your website doesn't say anything about working with Genesis. Whether or not they want to admit to it, is something else. Join us at our Discord: Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Worse yet most forums are providing info that is over a year old so the learning curve is only worse. The customers, like you, are happy when they lose money. It has been a federal crime in the United States since Hashflare seems better tho since they offer true life time contracts where the contract may be paused and then resumed if you can't pay the maintenance fee. I certainly recall theGox debacle from the news at the time. So what I was saying is it only matters the price when I purchased the contract. Look at the difficulty history and decide for yourself if this is the case. Hi, Ive been invested in Cryptocurrency for a couple weeks now. Ignorance of the law is no excuse. Watch a quick litecoin video to learn more. I don't know if you were in the crypto space at the time of Mt Gox. If you invest fiat in cloud-mining, and your earnings rely on Bitcoin rising You could try it out with your existing ti when you're not using it for other things. Via btc cheater already knows everyone now everyone is getting out of the viabtc system hashrate too low Frauds participating in viabtc. No, that was entirely your back of the napkin math. Hm, breaking even after five months sounds pretty terrible considering Bitcoin itself tripled in value in the timeframe.
Should You Invest In (CLOUD MINING) Platforms? Like Genesis Mining or Hashflare!!!
I personally would never have allowed this kind of interpretation, but that's something courts decide not me, and I can see how the legal system - whatever lay people might think to the contrary, that they would prefer to go on precedent and take a dim Can Electrum Handle Litecoin Cryptocurrency Initial Offering of people trying to go around the law. Not defending genesis mining here I don't know much about them for other stuff they might or might not do, just basing this on OPs description. Profiting on mining hardware is uncertain and uneven. If you want to invest in crypto-currencies, the best way to do it is through currency trading, however, that have a lot Hashflare.io Genesis Mining Mining Altcoins Reddit pitfalls. That's why I've been looking at the bigger sites, but they provide no indications of potential earnings. I do not think cloud mining is a scam, well not all of. Almost a year of cloud mining at Hashflare. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. Since then I have bought mostly alt coins and own almost no btc or eth. Or bet on alt-coin. Doxing or posts that resemble doxing will result in the post being removed and the user banned permanently. Want to add to the discussion? I could be wrong there, but that is what I read. Does anyone use hashflare or genesis mining that can tell me how it is and their experience with Hashflare.io Genesis Mining Mining Altcoins Reddit site self. Cloud mining isn't a scam, it's just an investment that comes with its own risks. Make sure you understand exactly what you're buying, and what problems it solves. Both of them are playing with your own money, but you call only one scam, the other cloud mining Another possibility is that HF rents hashpower from other bigger pools, simply acting as a middle man. Look at the difficulty history and decide for yourself if this is the case. Submissions that are mostly about some other cryptocurrency belong. Welcome to Reddit, the front page of the internet. Hopefully GM will be offering new contracts soon. Join us at our Discord: For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong. All additional information on how to use Hashflare promo codes is accessible on our website. They kept storing in my account as the fees was more than the return. Besides, The reward value per block vs. Here is a chartit doesn't look like it's going anywhere else than up Consensus In Bitcoin Bittrex Ethereum Currency Disabled soon. Submit a new link. Option E Ignore me because I'm just some random person on the internet who may be trying to manipulate you for my own gain. We should all unite and request the following: Thanks for your response. No one is going to just give away free money. It's possible, but you have to be extremely cunning or lucky. Depending on the details, these mining contracts might fail to be regulated investment contracts on the "common enterprise" or efforts of another elements of the Howey Test.
I had a similar experience buying 2. But to me I still think that is profitable to mine Dash. I understand this widespread definition of securities now, I can see why the SEC applies it this way. No info to me during this time. Cloud mining isn't a scam, it's just an investment that comes with its own risks. For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong. If it would be profitable, cloud miners would themselfes be their best customers! Take your time and research potential investments. It's very common for them Bank Freeze Account Accepts Bitcoin Ethereum Current Price Usd stretch the coverage to nail someone they think is a crook. The real danger is the scam that they might not actually have any mining equipment and I dont know anything about this particular bitcoin mining group - just like if you had a Yukon River Gold contract, and they sent you little bottles with gold flakes in them and then later a note that says "Welp, gold's all gone sir, on that stretch of Gtx 970 4g Altcoin Mining Mining Alt Coins Profitable river, and with the technology we have to recover it .
Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: I'd be surprised if it doesn't get back there again at some point. Very bad customer service never got an answer out of my 3 support request Random payouts if you make the total you are supposed to receive from their admin and the total you receive, you have big gaps, and still no answer from customer support. It is taking forever to sort them out. Shares in anything offering a revenue generating activity would be a security. I came to a similar conclusion after trying Nicehash for about a month on various coins. The problem is that there is so much demand for cloud mining, and people buy these contracts without regard to profitability and risks that they are able to actually sell under terms where the people buying these contracts don't have enough built-in profit to make up for the risk they are taking. Been investigating the potential of cloud mining cryptocoins as a novice and seeking good info. Your website doesn't say anything about working with Genesis. Whether or not they want to admit to it, is something else. Join us at our Discord: Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Worse yet most forums are providing info that is over a year old so the learning curve is only worse. The customers, like you, are happy when they lose money. It has been a federal crime in the United States since Hashflare seems better tho since they offer true life time contracts where the contract may be paused and then resumed if you can't pay the maintenance fee. I certainly recall theGox debacle from the news at the time. So what I was saying is it only matters the price when I purchased the contract. Look at the difficulty history and decide for yourself if this is the case. Hi, Ive been invested in Cryptocurrency for a couple weeks now. Ignorance of the law is no excuse. Watch a quick litecoin video to learn more. I don't know if you were in the crypto space at the time of Mt Gox. If you invest fiat in cloud-mining, and your earnings rely on Bitcoin rising You could try it out with your existing ti when you're not using it for other things. Via btc cheater already knows everyone now everyone is getting out of the viabtc system hashrate too low Frauds participating in viabtc. No, that was entirely your back of the napkin math. Hm, breaking even after five months sounds pretty terrible considering Bitcoin itself tripled in value in the timeframe.