Looks like both u & Puppet have the bad habit of getting things straight after lot of conversation. Should I assume that this is because the same person is typing both ?
That would be a pretty silly assumption considering Puppet advocates buying and holding BTC whereas I advocate buying AMHash.
Anyways, my stand is straight as it was from my very first post. None of these cloud mining services, from Cex.io to CMW to AsicMiner does full disclosure of everything that a transparent company can do. As Gavin properly predicted all of them are doing fractional reserve mining. But, I dont see anything wrong in that, as long as they dont show any intention to run away with customers money. In case of CMW, they did not lie about anything from the beginning. They clearly stated what they will not disclose. I am OK with that, so I'm with them. The funny thing is that, AM Hash/AsicMiner people are feeling insecure and coming back to this thread again and again. Puppet might take this opportunity to jump in for a bet about how long this service will survive. I wont take it as it is about a future event and hence a gambling. The interesting fact is that, initially Puppet or some of his friend predicted that service will run away within 2-3 months. Now they are predicting 6 months... Let us see.
Of course the scammer doesn't show any intention of running away with the money, why on earth would they? Do you think the scammer is just going to announce their intention to steal everyone's money? No, they just steal the money and either come up with an excuse or disappear.
ASICMiner isn't a cloud mining service, it's the oldest bitcoin ASIC and miner manufacturer and is set to release new, more efficient miners next month. If CMW actually had any miners, they would come from a manufacturer such as ASICMiner. ASICMiner have proven their trustworthiness on many occasions. There would have been no need for AMHash to provide proof of legitimacy (beyond FriedCat's word) yet they did. Cloud Mining Website refuses to provide any evidence of legitimacy whatsoever and has earned no such trust from the community. Yep, clearly the same!
