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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 193286 times)

RAlex

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #740 on: December 19, 2014, 06:23:34 pm »

People cant blame  PF for this it's then clown running ltcgear.
Ha ha ha. Good one. Can anyone even approximately estimate how rich is this "clown" by now?
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kimhansen

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #741 on: December 19, 2014, 06:26:02 pm »

I think we should be a little patient and not jump to irreversible negative action right away. Ike from SAAS was in the same situation and in the end the payment came through.

This is very unfortunate for pf and all investors, but lets work together, keep a positive spirit and support pf as much as we can.

Just my 2 cents..
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th4o

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #742 on: December 19, 2014, 06:34:56 pm »

I think we should be a little patient and not jump to irreversible negative action right away. Ike from SAAS was in the same situation and in the end the payment came through.

This is very unfortunate for pf and all investors, but lets work together, keep a positive spirit and support pf as much as we can.

Just my 2 cents..

+1140 :)
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Wongi

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #743 on: December 19, 2014, 07:35:18 pm »

Hopefully things will clear up. Still full confidence in Pf.
Selling the qAsics would be a bad idea imo.

But i can't stop thinking about the bad signs of a ponzi. Lack of communication (LTCGear), it seems only small payouts happen - to keep the masses calm.
I dont think Chris is a scammer. But for me it reads as if he is hiding that he was hacked and the big chunk of BTC is lost.
I hope that I am wrong. But the nice last minute offers look like he seriously needs BTC - maybe to do payouts and buy some time to recover from a hack.

Still being optimistic.  I have the feeling chris will pay us soon.
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #744 on: December 19, 2014, 07:55:29 pm »

Just to clarify, we are holding all the qAsics and hoping that Chris comes through for us.

will update further soon as there is a development, or likely later today if there still isn't. :)
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RAlex

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #745 on: December 19, 2014, 08:02:06 pm »

Just to clarify, we are holding all the qAsics and hoping that Chris comes through for us.

will update further soon as there is a development, or likely later today if there still isn't. :)

How about selling 10% of qASICs each day, you can still repurchase those if these delays are legit, or at least give shareholders something in 10 days from today?
EDIT: in each case this is loose-loose, but not catastrophic at least.
« Last Edit: December 19, 2014, 08:04:07 pm by RAlex »
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martismartis

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #746 on: December 19, 2014, 10:51:36 pm »

Pf, maybe you have to validate your payout addresses, even if you didn't change them?

Quote
You must have missed this post.
Quote
Guys, the 24 hours lock system is in place since yesterday.

It ran for almost 24 hours which is current requirement to validate payment information (it was 48 hours in first draft, but it got halved to allow faster resolution with postponed payments, it will be raised to 48 hours next week). Less than 20% of the users visited the account page to check the new system and validate their payment information.
They will find themselves during payout day with payment postponed.
The affiliate payment already ran with something like 5% - 10% affiliate partners having their payment info not validated in time. They will require another payment in 24 hours.
Please visit your account on ltcgear..

Kind Regards,
Chris
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m30188

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #747 on: December 19, 2014, 10:56:43 pm »

Isn't this the whole purpose of smart contracts?
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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 #748 on: December 19, 2014, 11:06:39 pm »

Just to clarify, we are holding all the qAsics and hoping that Chris comes through for us.

will update further soon as there is a development, or likely later today if there still isn't. :)


thanks for going through this, i am confident it will work out. The litecointalk & ltcgeartalk threads aswell as the irc channel
do not give out a negative feeling, and chris seems to have build quite a trust in the litecoin community.

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xibeijan

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #749 on: December 19, 2014, 11:56:37 pm »

Just to clarify, we are holding all the qAsics and hoping that Chris comes through for us.

will update further soon as there is a development, or likely later today if there still isn't. :)

How about selling 10% of qASICs each day, you can still repurchase those if these delays are legit, or at least give shareholders something in 10 days from today?
EDIT: in each case this is loose-loose, but not catastrophic at least.

This is a sensible idea.  Everyone is in denial holding onto a thread, but that is probably not the best strategy.  Those who get out early could be be better off.
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peterpanda

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #750 on: December 20, 2014, 12:02:57 am »

@pf,
have you cheched the age of weekly dividend ltc. if it was mined, it will be young.
just want to get more confidence.
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Mexxer

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #751 on: December 20, 2014, 12:31:24 am »

New post from Chris:

Quote
Hi guys,

More than half of the user base which should receive payments did not visit the website to verify their addresses it's a very solid reason.
If they don't show in 24 hours, they will get their payments postponed.

Sukari, I checked, your lockdown was removed after last payment was sent, on Dec 18. The system is not designed to send small payments every hour, payments need to be grouped.
You will get your payment in next group, but it's your job to make sure you are out of lockdown as soon as possible.

Kind Regards,
Chris

https://litecointalk.org/index.php?topic=22563.msg232039#msg232039
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Arkh

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #752 on: December 20, 2014, 12:48:27 am »

We had our lockdown removed on december 18 nope ?

I hope we get double payment tomorrow.
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xibeijan

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #753 on: December 20, 2014, 12:50:08 am »

Asset holders have been told to wait a day or two over and over again.  Not fault of pf.  Optimism forum.
« Last Edit: December 20, 2014, 01:07:01 am by xibeijan »
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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 #754 on: December 20, 2014, 01:32:38 am »

The facts at the moment:

  • Other LTCgear pass though asset holders have received payments.
  • pf was one of the last (in terms of NXT assets) to receive payment the last time there was a problem.
  • New security rules are in place these may be delaying things.
  • No one has disappeared.


I think there is room to wait and see for now. You may disagree xibeijan, and you can sell out if you want to, that is your choice, however, we should all be making our own decisions.

What would be better to discuss is how we go forward from here. These delays will happen again as the Ltcgear user base out grows the infrastructure again. Do we want to be at the mercy of ltcgear or not?
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pf

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #755 on: December 20, 2014, 01:39:30 am »

Hey guys
yes, our lockout counter expired on the 18th
i am hopeful that this week we will recieve a double payment
i will update everyone as soon as we have.
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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 #756 on: December 20, 2014, 02:03:05 am »

I'm in the wait and see (definitely don't panic sell) camp... as well as the I-wish-Chris-would-communicate-better camp.

But once we do get our payouts and dividends have been paid, then I would like to have a nice leisurely discussion about what to do moving forward. This is a good investment in terms of percent gain and speed of ROI (as long as it continues to pay), but it's also a stressful one at the moment.

I saw briefly on the site that there was a multiplication coming on Christmas Eve, but that has since been removed. There's also the question of do we buy gen 1 or gen 2 asics, and now I'd like to add the one about do we buy anything more at all.

I also saw The Mage weigh in on one of the I-haven't-yet-gotten-paid threads on Litecoin Talk. He mentioned having exchanged a few PM's with Chris and having some additional knowledge of "the situation." I'm not sure if this would be appropriate at this point, but he may be a good possibility for a mediator if Chris doesn't want to talk to pf directly, which it appears he doesn't.

I, for one, would like to have the expectations cleared up about when we can expect payments and what sorts of things delay them, etc., as well as what is the best process for addressing a situation where payouts don't occur as expected. I say this on Chris's end. pf has been very clear about his expectations and prompt about paying us once he's gotten paid.

Anyway, those are some things that I think we should have a nice chat about once we get through this long wait.
« Last Edit: December 20, 2014, 02:07:12 am by wiser »
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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 #757 on: December 20, 2014, 02:06:45 am »

Not sure if this is relevant or not, but check out the latest update at the top of the page: http://ltcgear.com/ltc-payments/

pf, did you validate your address, whatever that means?
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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 #758 on: December 20, 2014, 02:17:53 am »

And while you're at it, if you ever do get to communicate with Chris, feel free to mention that I'm a freelance writer and I could easily turn his cryptic posts into clear communication. I'd only charge one share per post. Chris clearly is a very successful miner but neither communication nor clear writing are his strong points. I've seen similar offers posted from IT guys as well. Anyway, only if you think it will help ;)
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Cryptographer

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Re: [ANN] HRLTCGEAR - fixed price, 9wks & 100% ROI, 2.5+ mil dividends, ~27.5+GH
« Reply #759 on: December 20, 2014, 03:53:53 am »

Hey guys
yes, our lockout counter expired on the 18th
i am hopeful that this week we will recieve a double payment
i will update everyone as soon as we have.

Personally, I don't think there is anything to worry about. Just a pain in the butt, but I'm sure eventually Chris will pay the full amount of your mining income. It is a great opportunity to pick up cheap asset shares though :)
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