Bitcoin Forum

Economy => Lending => Topic started by: chungenhung on September 18, 2012, 09:07:02 PM



Title: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 18, 2012, 09:07:02 PM
For pirateat40 selling 9611.6868BTC deposits.

For BitcoinMax selling 320 deposits.
320 deposit, 0 interest paid. Principal - interest paid = 320.

For hashking, selling 495BTC deposits.
200BTC deposit, 25 interest over 5 weeks. Principal - interest paid = 175.
195BTC deposit, 25.935 interest paid over 7 weeks. Principal - interest paid = 169.065
100BTC deposit, 0 interest paid. Principal - interest paid = 100.

For Nckrazze, selling 520BTC deposits.
300BTC deposit, he paid me 52.50 interest over 7 weeks. Principal - interest paid = 247.50.
220BTC deposit, he paid me 22 interest over 4 weeks. Principal - interest paid = 198.

For imsaguy, selling 1054.04BTC deposits.
1055.04 BTC deposit, paid 1BTC over 1 month. Principal - interest paid = 1054.04.

Pirate said something about paying on Oct 12. https://bitcointalk.org/index.php?topic=110152.0
Hashking is slowing paying out as far as I know.
Nckrazze is working on a repayment plan.
imsaguy is waiting for ASIC mining to come live, then resume dividend payment or principal payment.

Please, serious offers only. No need to troll. If 1BTC is your serious offer, I understand, but you won't get it.
List which one you are taking, how much you are taking, and how much you paying.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Tittiez on September 18, 2012, 09:16:37 PM
Holy fuck, you must be having a terrible month.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Tomatocage on September 18, 2012, 09:32:19 PM
Geez, man :(


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: the_thing on September 18, 2012, 10:06:27 PM
Please, serious offers only. No need to troll. If 1BTC is your serious offer, I understand, but you won't get it.
List which one you are taking, how much you are taking, and how much you paying.
It would be helpful to say what price you expect. Is it somewhere around 1-2% or 5-10% ..etc.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: PatrickHarnett on September 18, 2012, 11:23:47 PM
I have offered a swap for the debt owed to me for the Imsaguy deposit.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Buffer Overflow on September 18, 2012, 11:32:46 PM
What is the principal on that 9611.6868BTC pirate debt?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 12:10:40 AM
You have proofs of ownership and ability to transfer debt?  Have parties agreed to transfer so we not go through you to get payment if they make goods?

As other poster, I would like to know principal - payments to you for each of debt sell.  If settlement or lawsuit comes, that is maximum of value.

Trust No One!

Thank you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: dank on September 19, 2012, 12:16:45 AM
Shoulda invested with Dank Bank.  :-\


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: imsaguy on September 19, 2012, 12:19:55 AM
For imsaguy, selling 1055.04BTC deposits.

When you tell people that you didn't make anything, do you mention the 9% that you got the first month?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: BinaryMage on September 19, 2012, 01:05:35 AM
I can offer 100 BTC for that Pirate debt.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 01:35:53 AM
You have proofs of ownership and ability to transfer debt?  Have parties agreed to transfer so we not go through you to get payment if they make goods?

As other poster, I would like to know principal - payments to you for each of debt sell.  If settlement or lawsuit comes, that is maximum of value.

Trust No One!

Thank you.
What kind of prove do you need? They should transfer fine as long as the debtor is ok with it.
What you mean by principal - payments to you?
I have received payments before from each deposit takers, but the debt amount listed is what's outstanding at the time they announce ceasing payment or operation.
I am not counting the interest after each deposit taker's announcement to stop paying.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 01:37:56 AM
For imsaguy, selling 1055.04BTC deposits.

When you tell people that you didn't make anything, do you mention the 9% that you got the first month?
The first month? That deal is with INAU. I took your debt of 1055.04. The 9% is the difference between INAU's debt to me, and your 1055.04.
Also, the 9% is BEFORE you decided to not pay anyone. As for a direct answer, NO, I made nothing, I lost 1055.04 with you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 01:40:06 AM
Shoulda invested with Dank Bank.  :-\
yea i know right?
with everyone calling you a scammer... and your operation is still running correct?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: dank on September 19, 2012, 01:41:31 AM
Indeed it is.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: AndrewBUD on September 19, 2012, 01:42:59 AM
Shoulda invested with Dank Bank.  :-\
yea i know right?
with everyone calling you a scammer... and your operation is still running correct?



BEST POST EVER :)


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: theymos on September 19, 2012, 01:56:35 AM
I'll pay 50 BTC for the imsaguy debt.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: imsaguy on September 19, 2012, 02:49:14 AM
I'll pay 50 BTC for the imsaguy debt.

Thanks for the vote of confidence ;)


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 02:53:00 AM
You have proofs of ownership and ability to transfer debt?  Have parties agreed to transfer so we not go through you to get payment if they make goods?

As other poster, I would like to know principal - payments to you for each of debt sell.  If settlement or lawsuit comes, that is maximum of value.

Trust No One!

Thank you.
What kind of prove do you need? They should transfer fine as long as the debtor is ok with it.

"Should" and "as long as" are "trust me" words.  Message from debtor would be OK.

What you mean by principal - payments to you?
I have received payments before from each deposit takers, but the debt amount listed is what's outstanding at the time they announce ceasing payment or operation.
I am not counting the interest after each deposit taker's announcement to stop paying.

Very simple and I explained above.  If worst case, court is involved, total "damages" will be principal minus sum of payments.  So if imsaguy correctly states he paid 9%, court will consider that.  1000 - 90 is 910.  910 bitcoins can be recoverable.  Plus a little extra of course, but attorney will take 40% for contingency plus retainer.

Asking again, what are actual debts?  Not fantasy debts of compound interest at illegal/usury/payday check cash/ponzi rates.  Amount lent, amount paid back.  What is that for each?  That is true ceiling for negotiation.

Real world operates differently from bitcoin forum.  Debt has to be converted to dollar for Americans, then payments calculated from that.  Court will not award 910 bitcoins to me.  Court will award $ value of 910 BTC.

The less information you provide, the more safety assumptions I make about getting paid.  Debtor not pay me, just you, then I have to deduct 10% for risk to pay me.  If I can't recover part of principal reduced by payments, I have to deduct those payments.  If I go to court, I lose at least 40% to attorney.  In example above, I make max of 60% of 910, which is 546 bitcoins.  See how we go lower as we go to real world?

Be honest.  You are selling debt.  Some of guys say they will take three years to repay.  This is not income generating without big discount.

Trust No One!

Thank you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: imsaguy on September 19, 2012, 02:56:14 AM
Don't forget to deduct the btc I sent you the other day when you were throwing the fit.  I don't want you screwing the people you're trying to sell to.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 03:18:03 AM
Don't forget to deduct the btc I sent you the other day when you were throwing the fit.  I don't want you screwing the people you're trying to sell to.

This smells fishy.  What is real debt?  Both people must agree before any can bid in good faith.

Is this sockpuppet on part of imsaguy or chungenhung?  What kind of scam are you running here?  Even 50BTC is scam, do not forget it.

Trust No One!

Thank you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: imsaguy on September 19, 2012, 03:21:54 AM
Don't forget to deduct the btc I sent you the other day when you were throwing the fit.  I don't want you screwing the people you're trying to sell to.

This smells fishy.  What is real debt?  Both people must agree before any can bid in good faith.

Is this sockpuppet on part of imsaguy or chungenhung?  What kind of scam are you running here?  Even 50BTC is scam, do not forget it.

Trust No One!

Thank you.

He threw a fit in a different thread saying I'm a scammer, wanting me to liquidate everything ASAP (or send him mining gear as payment) while ignoring anyone else that's invested.  Basically, his gain at the expense of others.  He made some remark about how I should pay at least something, so I made a token gesture.  I noticed his balance above doesn't reflect that.  I assure you, I'm not a sock for Chung and he certainly isn't one for me.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 03:23:57 AM
Don't forget to deduct the btc I sent you the other day when you were throwing the fit.  I don't want you screwing the people you're trying to sell to.
oh yea... sorry i forgot. Imsaguy paid me a WHOPPING 1BTC so far.
Corrected the OP.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 03:24:53 AM
Don't forget to deduct the btc I sent you the other day when you were throwing the fit.  I don't want you screwing the people you're trying to sell to.

This smells fishy.  What is real debt?  Both people must agree before any can bid in good faith.

Is this sockpuppet on part of imsaguy or chungenhung?  What kind of scam are you running here?  Even 50BTC is scam, do not forget it.

Trust No One!

Thank you.
imsaguy paid me a whopping 1BTC the other day. It is so much that I forgot to deduct it.
I've updated the OP.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 03:44:42 AM
Borzoi. I've updated the OP.
Still trying to figure out my pirate debt amount after interest payments.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 03:59:34 AM
Borzoi. I've updated the OP.
Still trying to figure out my pirate debt amount after interest payments.

OK, thank you.  What is this 9% that imsaguy mentions?

I guess simple question is this.

You paid x.

Imsaguy paid you y.

What is x?
What is y?  Is y 1 bitcoins or 9% of x and 1 bitcoins?


I am looking for agreement of you and imsaguy, since he seems easiest purchase right now.  I have bitcoins burning holes in my pockets.  Just joke because all serious.

Also interested in pirate debt calculation.  If father involved now, he probably is not pay out 7%/week for last year.  Probably just deposits, or cash value of deposits at lowest point, probably $2-5 per bitcoins.  My father love me, but not pay five million dollars to save my mistake.  Maybe he lend me $5 and make me paint his house.  :D

Trust No One!

Thank you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: BinaryMage on September 19, 2012, 05:04:40 AM
I'll offer 5 BTC for your BitcoinMax account.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: reeses on September 19, 2012, 03:32:01 PM
lol at the 1 btc payment.

I am curious why Lester is acknowledging that and not the 9%.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: BlackBison on September 19, 2012, 03:48:56 PM
I'm not sure what is going on here, are you acting as an 'agent' to sell this debt? I thought you were one of the guys who were shouting ponzi on here from ages ago? Or am I mixing you up with someone else?   ???


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 04:03:05 PM
Borzoi. I've updated the OP.
Still trying to figure out my pirate debt amount after interest payments.

OK, thank you.  What is this 9% that imsaguy mentions?

I guess simple question is this.

You paid x.

Imsaguy paid you y.

What is x?
What is y?  Is y 1 bitcoins or 9% of x and 1 bitcoins?


I am looking for agreement of you and imsaguy, since he seems easiest purchase right now.  I have bitcoins burning holes in my pockets.  Just joke because all serious.

Also interested in pirate debt calculation.  If father involved now, he probably is not pay out 7%/week for last year.  Probably just deposits, or cash value of deposits at lowest point, probably $2-5 per bitcoins.  My father love me, but not pay five million dollars to save my mistake.  Maybe he lend me $5 and make me paint his house.  :D

Trust No One!

Thank you.
the 9% is part of a deal i made with INAU, thus don't really have anything to do with imsaguy. Basically, INAU owes me 1100+BTC. I take on imsaguy 1055 debt, plus the upcoming 9% dividend at the time, which would make up to total 1100+BTC. The 9% dividend technically should go to INAU, then to me, but I just asked for it to send directly to me. 9% was send BEFORE imsaguy declare he would stop paying.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 04:06:43 PM
I'm not sure what is going on here, are you acting as an 'agent' to sell this debt? I thought you were one of the guys who were shouting ponzi on here from ages ago? Or am I mixing you up with someone else?   ???
Not an agent.
Yes, I shouted ponzi, but that is after their announcements to cease payment.

I am selling b/c not everyone believe they are ponzi, and like I said, HK is still paying, and imsaguy plus others is trying to pay in the future.
Don't like unknowns, if I can get a reasonable offer, I'd rather sell it now.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Eisenhower34 on September 19, 2012, 05:40:20 PM
Feeling with you... every "program" i touch, collaps max 2 months later. Had this with pirate, mybitcointrade, BDT... If this is an ongoing trend, its better to leave bitcoins completly.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 05:44:08 PM
the 9% is part of a deal i made with INAU, thus don't really have anything to do with imsaguy. Basically, INAU owes me 1100+BTC. I take on imsaguy 1055 debt, plus the upcoming 9% dividend at the time, which would make up to total 1100+BTC. The 9% dividend technically should go to INAU, then to me, but I just asked for it to send directly to me. 9% was send BEFORE imsaguy declare he would stop paying.

You confuse me.  Let me see if I understand.

INAU owed you 1100+ bitcoins.  Discharging debt, he gave you 1055 bitcoins of debt for imsaguy.  Imsaguy paid 9% of 1055 or 1100?

A = INAU, B = imsaguy

So you invest 1100 bitcoins with person A.  You get 1055 bitcoins of debt with B.  Debt with A is now 0.  You get 9% of 1055 bitcoins because A timed sale before dividend payment from B, so about 95 bitcoins.

So at this point now, you have made 95 bitcoins on investment of 1100 bitcoins?  95 bitcoins that came from B.

Later, B says he will not pay dividends.  No future income.

What is debt with B worth?  Is it 1100 - 95 bitcoins?  1055 - 95 bitcoins?  1100 bitcoins?  1055 bitcoins?

Maybe better in dollars, so you don't get too attached to fake profits.  I am still confused by you.  I am still not sure how this is not scam.

Trust No One!

Thank you.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 19, 2012, 05:45:16 PM
I'm not sure what is going on here, are you acting as an 'agent' to sell this debt? I thought you were one of the guys who were shouting ponzi on here from ages ago? Or am I mixing you up with someone else?   ???
Not an agent.
Yes, I shouted ponzi, but that is after their announcements to cease payment.

I am selling b/c not everyone believe they are ponzi, and like I said, HK is still paying, and imsaguy plus others is trying to pay in the future.
Don't like unknowns, if I can get a reasonable offer, I'd rather sell it now.


What is reasonable offer for each debt, and what is actual debt for each?  Then we can choose menu.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Yolocoin on September 19, 2012, 07:34:28 PM
$5 USD for the whole lot?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: fabrizziop on September 19, 2012, 09:31:25 PM
Feeling with you... every "program" i touch, collaps max 2 months later. Had this with pirate, mybitcointrade, BDT... If this is an ongoing trend, its better to leave bitcoins completly.

Just don't use HYIPs.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 19, 2012, 09:59:47 PM
the 9% is part of a deal i made with INAU, thus don't really have anything to do with imsaguy. Basically, INAU owes me 1100+BTC. I take on imsaguy 1055 debt, plus the upcoming 9% dividend at the time, which would make up to total 1100+BTC. The 9% dividend technically should go to INAU, then to me, but I just asked for it to send directly to me. 9% was send BEFORE imsaguy declare he would stop paying.

You confuse me.  Let me see if I understand.

INAU owed you 1100+ bitcoins.  Discharging debt, he gave you 1055 bitcoins of debt for imsaguy.  Imsaguy paid 9% of 1055 or 1100?

A = INAU, B = imsaguy

So you invest 1100 bitcoins with person A.  You get 1055 bitcoins of debt with B.  Debt with A is now 0.  You get 9% of 1055 bitcoins because A timed sale before dividend payment from B, so about 95 bitcoins.

So at this point now, you have made 95 bitcoins on investment of 1100 bitcoins?  95 bitcoins that came from B.

Later, B says he will not pay dividends.  No future income.

What is debt with B worth?  Is it 1100 - 95 bitcoins?  1055 - 95 bitcoins?  1100 bitcoins?  1055 bitcoins?

Maybe better in dollars, so you don't get too attached to fake profits.  I am still confused by you.  I am still not sure how this is not scam.

Trust No One!

Thank you.
No, i did not made 9%. The 9% is the difference. Instead of imsaguy paying INAU, imsaguy paid me directly.
The investment/debt with imsaguy is 1054.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: wachtwoord on September 19, 2012, 10:08:06 PM
Holy fuck, you must be having a terrible month.

Haha, sounds like my month, good luck dude :)


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: cablepair on September 19, 2012, 11:20:40 PM
I will buy all of hashking's debt if he signs a contract agreeing to stay away from Bitcoin and this forum for the rest of his life and his IP address is perm banned.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 21, 2012, 01:28:19 AM
Not sure what goes on here.  Why is seller not responding to thread?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 21, 2012, 05:00:40 PM
I will buy all of hashking's debt if he signs a contract agreeing to stay away from Bitcoin and this forum for the rest of his life and his IP address is perm banned.
you need to ask hashking.... i can't say if he'll do it or not.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: chungenhung on September 21, 2012, 05:01:13 PM
Not sure what goes on here.  Why is seller not responding to thread?
what do you want me to say?
i am still getting offers. but so far not good enough offers.


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Borzoi on September 21, 2012, 07:29:57 PM
Not sure what goes on here.  Why is seller not responding to thread?
what do you want me to say?
i am still getting offers. but so far not good enough offers.

Normal people post counter offers.  Stupid to fish in river with no bait on hook.

Perhaps you are fishy enough?


Title: Re: Selling pirateat40 debt, hashking debt, Nckrazze, imsaguy debt
Post by: Justin00 on September 23, 2012, 06:01:15 AM
I pm'd you before with an offer.
can you let me know what sort of price you are looking at for the specific one I was after ?