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[ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  
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Author Topic: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH  (Read 198294 times)

BigTed

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1060 on: January 08, 2015, 09:56:49 pm »

And where were you when this asset was first being offered? You could have been warning us then. Did you communicate with either pf or James to tell them your concerns? I read through the entire thread before buying my first share and I don't remember seeing any warning posts from you.

Hi, it's not my place to warn adults about investing in assets. That was the job of NXTInspect and 'Kongzi News Service; at the time these assets were being sold.

I was merely commenting on some obvious facts now that LTCGear is clearly exhibiting signs of a collapse.

No need to get your panties in a wad, my friend.  ;D

Just what I thought. No one who "knew all along" says anything until the information is no longer useful. But it sure is fun to pile on now, isn't it?

You're mad at me but you're cool with LTCGear and pf....

Come on man, I didn't steal your money  ;D
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weekendwarrior

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1061 on: January 08, 2015, 09:57:46 pm »

ltcgear victims have 'stockholm syndrome'
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wiser

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1062 on: January 08, 2015, 10:03:06 pm »

You're mad at me but you're cool with LTCGear and pf....
Come on man, I didn't steal your money  ;D

I'm not mad at you. I just think in general it's really pointless to post stuff like "Well it was obvious from the beginning that this was too good to be true" at this point in the game when you didn't take the time to post your concerns earlier on.
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kushti

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1063 on: January 08, 2015, 10:39:41 pm »

In the future, I hope we could vote by asset to disable/enable asset trading. That would be a nice addition to the Nxt AE v2.0 .

I just contacted kushti (core dev) so he would now be aware of this problematic with the current AE.

I thought a bit about special kinds of voting as of Voting System 2.0. Disable/enable asset trading is one possible options.

But that will be implemented(if will) not within next few months, at least :(

What else devs can do? Better post your suggestions to Nxt AE v.2 thread https://nxtforum.org/asset-exchange/nxt-ae-v-2/ and I(or other dev) will work through all the proposals before Nxt AE v.2 implementation
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okaynow

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1064 on: January 08, 2015, 11:38:12 pm »

pf, thank you for the update.

I also believe chris will deliver, and am prepared to wait it out.
I am picking up cheap shares on the AE, i am told 2015 is going to be a great year.

So, whoever feels like jumping off the ship, just sell your shares guys, and you are free!

EDIT:
LTCGear contacted Litecointalk.org Global Mod TheMage:
Quote
Obviously I can not exactly share the contents of the email, but there are a few points that I would like to make.


1. DO NOT buy accounts from another user. It is VERY possible these accounts hold fake shares.
2. After extra earlier security measures were in place, the attacks continued into a DDOS as well as other types of attacks. He pretty much had a month and a half of straight attacks.
3. No I do not know when he will contact me next, please dont ask me to email him with suggestions or advice.
4. I'm just sharing what I have received, this is in no way, shape, or form of an endorsement.

There were some other things mentioned that I dont quite understand I guess due to the language barrier. I'm going to ask someone to see if they understand (dont ask me to see the email lol, I already know who im asking :) ).

https://litecointalk.org/index.php?topic=24209.0
« Last Edit: January 09, 2015, 01:19:22 am by okaynow »
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whatnxt

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1065 on: January 09, 2015, 01:22:56 am »

Another delay guys:

UPDATE: moving to user balances and withdraw on demand will become live Jan 9 due to technical reasons.
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wiser

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1066 on: January 09, 2015, 02:16:04 am »

I'm glad to hear Chris (Bee) contacted The Mage. As for the moving demand withdrawals going live date, I'm starting to wonder if that isn't auto-updating. I hope not. Then again, dealing with DDoS attacks is no picnic.

Also, as has been pointed out before, communication is rather... unclear.

At least we're still hearing from him on a regular basis.
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Fatih87SK

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1067 on: January 09, 2015, 05:15:44 am »

Another delay guys:

UPDATE: moving to user balances and withdraw on demand will become live Jan 9 due to technical reasons.
I don't u understand why he delays it a 100 times.

Just set a deadline for 5 weeks and get your shit right in this timeframe.
« Last Edit: January 09, 2015, 05:19:32 am by Fatih87SK »
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youyou

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1068 on: January 09, 2015, 07:11:15 am »

I don't u understand why he delays it a 100 times.

really?
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Fatih87SK

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1069 on: January 09, 2015, 07:13:20 am »

I don't u understand why he delays it a 100 times.

really?
What I meant was;

If Ltcgear is legit and doesn't scam everyone. It would be better to set a longer deadline and work on it to fix it.

Than delay it just 1 day and do the same thing next day.
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13Darko

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1070 on: January 09, 2015, 11:12:26 am »

I don't u understand why he delays it a 100 times.

really?
What I meant was;

If Ltcgear is legit and doesn't scam everyone. It would be better to set a longer deadline and work on it to fix it.

Than delay it just 1 day and do the same thing next day.

That's right. This is not how multi-million business should be handled. Besides I think that for such big money they could have bought a nice team of professional security specialists and finally make a nice looking website imo.
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weekendwarrior

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1071 on: January 09, 2015, 12:16:04 pm »

Another delay guys:

UPDATE: moving to user balances and withdraw on demand will become live Jan 9 due to technical reasons.

the date changes automatically (php script)
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whatnxt

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1072 on: January 09, 2015, 02:42:48 pm »

Another delay guys:

UPDATE: moving to user balances and withdraw on demand will become live Jan 9 due to technical reasons.

the date changes automatically (php script)

Can you prove that, or is that just speculation?
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weekendwarrior

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1073 on: January 09, 2015, 03:45:48 pm »

Another delay guys:

UPDATE: moving to user balances and withdraw on demand will become live Jan 9 due to technical reasons.

the date changes automatically (php script)

Can you prove that, or is that just speculation?

yes i proved it. i used a cron job to check the times for the last three days since i became suspicious. it is exact.

can you seriously imagine chris would not be able to issue a short message by now about the situation?

lets see, for example.

"hello,

dear ltcgear clients.

i have almost installed the ssl certificate.

soon i will deal with the database.

after that i will pay everyone for 4 weeks"

that only took 2 minutes. chris could update if he wanted.
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bezbezbez

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Pilot

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1075 on: January 10, 2015, 01:01:40 am »

Just curious, what do you think of someone who sells shares to another because they believe the venture is doomed to failure (but not because it's a scam just because stuff happened)? Would there be the same ethical considerations?

If I sell my OnePlus stock because I think the new Xomi phone is going to put them out of business, then that was a good investment decision.

If I sell my shares of Mt.Gox after I hear news that they were "hacked" and lost 30k bitcoin then I am scaming the buyer.

It's pretty clear when someone says: This is a scam, so I'm selling, that they aren't being very ethical. Whether they are wrong or right.

Of course, with full disclosure to the buyer, it is the buys risk to take on.
« Last Edit: January 10, 2015, 01:10:42 am by Pilot »
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Djinou94

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1076 on: January 10, 2015, 01:48:54 am »

Just curious, what do you think of someone who sells shares to another because they believe the venture is doomed to failure (but not because it's a scam just because stuff happened)? Would there be the same ethical considerations?

If I sell my OnePlus stock because I think the new Xomi phone is going to put them out of business, then that was a good investment decision.

If I sell my shares of Mt.Gox after I hear news that they were "hacked" and lost 30k bitcoin then I am scaming the buyer.

It's pretty clear when someone says: This is a scam, so I'm selling, that they aren't being very ethical. Whether they are wrong or right.

Of course, with full disclosure to the buyer, it is the buys risk to take on.

What is Xomi phone? Better than Oneplus?
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valarmg

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1077 on: January 10, 2015, 11:39:24 am »

Just curious, what do you think of someone who sells shares to another because they believe the venture is doomed to failure (but not because it's a scam just because stuff happened)? Would there be the same ethical considerations?

If I sell my OnePlus stock because I think the new Xomi phone is going to put them out of business, then that was a good investment decision.

If I sell my shares of Mt.Gox after I hear news that they were "hacked" and lost 30k bitcoin then I am scaming the buyer.

It's pretty clear when someone says: This is a scam, so I'm selling, that they aren't being very ethical. Whether they are wrong or right.

Of course, with full disclosure to the buyer, it is the buys risk to take on.

I disagree with this. If I hear that the star quarterback is out of a match and bet big on the opposing team because I'm 100% sure the team can't win without it's star, I'm not scamming the other side, as long as the other side also knows the same information and the odds have reflected that. The other side might take the same information and come up with a different view.

As long as the same information is available to both sides, it's up to both sides to adjust their risk appropriately. Part of the risk in crypto is always the chance of scam, so that should be taken into account. If one person  judges the chance of scam 1%, and the other judges it 90%, well that will obviously affect the prices that they are willing to pay. If you judge the chance of scam at 20% are you allowed to sell? What about 95%? Even if I judge the percentage of scam at 100%, why deny the guy who judges the scam at 10% his chance to pick up cheap shares and make a bargain. (Whoever is right wins, just like any bet or trade.)

If a possible buyer sees HRLTCGEAR available for 0.7Nxt, he knows that the other guy judges the chance of scam as high, maybe it means the seller *thinks* it's 100% scam. It's up for the buyer to make his own assessment. Whether it's the chance-of-scam, the quality of the backup quarterback or the marketability-of-the-Xomi-phone, it's all information that is taken into account in setting the market price.
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ASNXT

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1078 on: January 10, 2015, 11:58:57 am »

If I sell my OnePlus stock because I think the new Xomi phone is going to put them out of business, then that was a good investment decision.

If I sell my shares of Mt.Gox after I hear news that they were "hacked" and lost 30k bitcoin then I am scaming the buyer.

It's pretty clear when someone says: This is a scam, so I'm selling, that they aren't being very ethical. Whether they are wrong or right.

Of course, with full disclosure to the buyer, it is the buys risk to take on.
[/quote]

I disagree with this. If I hear that the star quarterback is out of a match and bet big on the opposing team because I'm 100% sure the team can't win without it's star, I'm not scamming the other side, as long as the other side also knows the same information and the odds have reflected that. The other side might take the same information and come up with a different view.

As long as the same information is available to both sides, it's up to both sides to adjust their risk appropriately. Part of the risk in crypto is always the chance of scam, so that should be taken into account. If one person  judges the chance of scam 1%, and the other judges it 90%, well that will obviously affect the prices that they are willing to pay. If you judge the chance of scam at 20% are you allowed to sell? What about 95%? Even if I judge the percentage of scam at 100%, why deny the guy who judges the scam at 10% his chance to pick up cheap shares and make a bargain. (Whoever is right wins, just like any bet or trade.)

If a possible buyer sees HRLTCGEAR available for 0.7Nxt, he knows that the other guy judges the chance of scam as high, maybe it means the seller *thinks* it's 100% scam. It's up for the buyer to make his own assessment. Whether it's the chance-of-scam, the quality of the backup quarterback or the marketability-of-the-Xomi-phone, it's all information that is taken into account in setting the market price.
[/quote]

+1
absolutely right!
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ASNXT

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #1079 on: January 10, 2015, 12:38:04 pm »

@PF
You have a plan B for the worst-case scenario? Or we do not need to?
Give people here in the thread a little hope that they have everything in sight.
« Last Edit: January 10, 2015, 12:45:02 pm by ASNXT »
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