Bitcoin Forum

Economy => Securities => Topic started by: El Cabron on July 03, 2012, 05:43:53 PM



Title: L
Post by: El Cabron on July 03, 2012, 05:43:53 PM
L


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Philj on July 03, 2012, 05:47:49 PM
Will these be through GLBSE, this forum, or a custom web site?


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Philj on July 03, 2012, 05:53:21 PM
Will these be through GLBSE, this forum, or a custom web site?

Sub accounts will be directly with pirates website. I will have to make each person an account. There is not need to trust GLBSE on this, or even me to a point. Only need to trust Pirate.



Very cool. Has this been made public yet? I didn't see this much detail from pirates threads yet.


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: mb300sd on July 03, 2012, 06:00:45 PM
I haven't heard back from pirate regarding a trust account, may be moving funds here if I don't, are you still making 7%?


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Mageant on July 03, 2012, 06:07:35 PM
I might want to move the funds in my regular BTCST account to a sub-account, too.

My understanding is that the trust account holders handle the deposits, withdrawals and such (what Pirate is doing now) but the sub-account holders still get a separate login so to view the balance and transactions on btcstc.com. Correct?


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Mageant on July 04, 2012, 07:14:40 AM
Well I know more but it will be tricky. We get a bonus for keeping the account level. So for me to add accounts after Aug 1st it will cost me money.

So anything over 1000 BTC that is paid to me before the end of the month I will pay out at least 6.8%. I will need a bit more time to see if I will take more deposits after Aug 1st. And if I do it will odds are be at a much lower interest rate.

Can the interest payments for the sub-accounts be automatically reinvested?


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Mageant on July 10, 2012, 09:06:44 AM
Mageant has sent me 1,100 BTC for a sub account.

confirmed.


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: unclescrooge on August 14, 2012, 05:30:23 PM
Hello Goat, is your offer still opened? Do you have any more details on the requirements, interest rates,...?

Thanks


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: unclescrooge on August 14, 2012, 05:49:25 PM
Hello Goat, is your offer still opened? Do you have any more details on the requirements, interest rates,...?

Thanks

I talked to pirate this morning and they are working on the site. We kinda need to have his site up and running before the sub accounts are okay.

I will open accounts for 1000 BTC but you can't take out until pirate is ready. Should be in a week or so I would guess.

Thanks for your understanding.

Ok thanks you :)


Title: Re: TyGrr BTCST sub accounts! (Pirates Bank)
Post by: Mageant on August 30, 2012, 01:18:36 PM
Mageant has sent me 1,100 BTC for a sub account.

confirmed.

Chaang now owns my deposit of 1100 BTC and all interest accrued thereupon.