Bitcoin Forum

Economy => Long-term offers => Topic started by: nckrazze on May 15, 2012, 09:41:24 PM



Title: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on May 15, 2012, 09:41:24 PM
Due to the recent controversy surrounding pirateat40's departure from the Bitcoin investments scheme after he announced the end of his operation, Bitcoin Savings and Trust, I have decided to end the depositing service, "NCKRAZZE's Deposits". I have developed many close friendships with many of the clients I have had to deal with, and it is truly difficult for me to leave the program behind. I personally felt that the service was expanding very quickly and had potential to be a large, ongoing project. However, following pirate's resignation, I received many requests from clients who wished to withdraw all of their coins from my service. The deposits that are made into my service are not eligible for early withdrawals because I offer 4/10/20 week terms, however the requests I received influenced me to make the decision to return all original deposits to their rightful owners. I have a few new depositors that I did not get to work with for as long as I wish I could have, and for this I apologize.

Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE. In addition to this, I have a large amount of coins that were deposited this past week by two new depositors. About 50% of these coins are liquid and in my possession. That said, the 35% reserve is still intact and will be used  to pay back the depositors. Though I have a great deal of personal savings that are invested with pirate, none of the coins deposited to NCKRAZZE's Deposits were used to deposit into BTCST. This said, since pirate's scheme has come to an end and I plan on having a stable source of income from the bitcoin market, I plan on having the mining operation continue to generate coins as I also wish for my investments with other lenders (those that are still continuing their depositing services) as well as my bonds on GLBSE to remain in my possession. By this I mean that I would like to keep these going as personal investments. However, I will liquidate mining hardware and I will also withdraw coins from lenders/sell bonds if needed to fund all of the deposit returns. In fact, my main priority is to liquidate about 15% of the mining operation in order to fund the returns.

With 15% of the mining operation coming from USD to BTC, as well as the coins that are currently in my possession (35% reserve and the recent deposits), I still have a great deal of bitcoins to return. I plan on using my personal funds that were invested with pirate to cover the rest of the coins that will be returned to their owners. I expect pirate to return the funds this week as he stated in his post (8/20/2012-8/27/2012). With coins coming from all of these different sources to fund all of the returns, I will need close to 10 days to be able to return all funds. In the case that pirate is unable to payout, which is highly unlikely, I will be forced to sell all of my assets to fund the returns. This will require the liquidation of all of my mining hardware and will require a larger time frame.

Maybe in the future when the community settles there may be another opportunity...

Thanks for all of the support,
Nick


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: grue on May 15, 2012, 09:47:19 PM
>144 posts
>registered 15 days ago
>risk free
lol


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: nckrazze on May 15, 2012, 09:48:40 PM
>144 posts
>registered 15 days ago
>risk free
lol

yup, was expecting that.


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: Tomatocage on May 15, 2012, 10:46:34 PM
Wait, lemme guess.  100BTC+ capacity right?  :D


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: nckrazze on May 15, 2012, 11:07:12 PM
Wait, lemme guess.  100BTC+ capacity right?  :D

maybe  ;) lol no..


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: Tomatocage on May 15, 2012, 11:10:49 PM
Well, it'd be one way to get your loan.  Good luck, man :)


Title: Re: NCKRAZZE's Deposits - Low Risk Loans with Guaranteed Payback Weekly
Post by: nckrazze on May 15, 2012, 11:11:42 PM
Well, it'd be one way to get your loan.  Good luck, man :)

lol this is loan aside. The loan was to support this, but hey, no responses..


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on May 22, 2012, 04:23:45 AM
Thanks to PatrickHarnett for featuring me on his "Who Pays What?" thread.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: thirdlight on May 25, 2012, 08:14:26 PM
Deposit of 20 BTC sent for 16 weeks, thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on May 26, 2012, 12:24:57 AM
Deposit of 20 BTC sent for 16 weeks, thanks.

Confirmed.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on May 26, 2012, 09:26:59 PM
Added 16 week term for 2.25% weekly.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on May 29, 2012, 11:55:04 PM
Invested 24BTC into my mining rig, adding a total of 360 mh/s, which will be capable of producing roughly .25 coins a day.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: thirdlight on June 01, 2012, 07:23:25 AM
Interest payment received. Thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on June 06, 2012, 10:30:04 PM
Changed op, better rates.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: thirdlight on June 09, 2012, 05:59:35 PM
Interest payment received. Thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nimda on June 10, 2012, 06:41:59 AM
What's the minimum deposit?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly
Post by: nckrazze on June 10, 2012, 06:46:21 AM
What's the minimum deposit?

Right now, 20 BTC, but I may make an exception depending on how much.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raize on June 12, 2012, 05:34:02 PM
It's uncanny, you have the same first name as me, and a similar last name...


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on June 12, 2012, 06:21:38 PM
It's uncanny, you have the same first name as me, and a similar last name...

haha that's funny! so, you looking to deposit?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on June 15, 2012, 04:31:45 PM
Interest payment 03 received. Thanks,

Edit:
2012-06-01 Interest payment 01 received.
2012-06-09 Interest payment 02 received.
2012-06-15 Interest payment 03 received.
2012-06-22 Interest payment 04 received.
2012-06-29 Interest payment 05 received.
2012-07-07 Interest payment 06 received.
2012-07-14 Interest payment 07 received.
2012-07-21 Interest payment 08 received.
2012-07-27 Interest payment 09 received.
2012-08-04 Interest payment 10 received.
2012-08-11 Interest payment 11 received.
2012-08-18 Interest payment 12 received.
2012-08-25

2102-09-30 Post default payment 01 received - 1.1% of principal.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Mushoz on June 22, 2012, 12:12:39 PM
10 Week Deposit: 2.5% payout weekly (10% monthly, or 25% for entire term)

2,5% weekly interest over 10 weeks should actually be 1,025^10 = 1,280084544 =~ 28% over the entire 10 weeks
25% over 10 weeks is "only" 1,25^(1/10) = 1,022565183 =~ 2,26% weekly.

So which one is it? Thanks :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: der_meister on June 22, 2012, 12:34:07 PM
"payout weekly" i.e. not compounding interest  :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: ShadowAlexey on June 22, 2012, 12:40:11 PM
Sorry for grumbling, but how are you planing to cover loss of 2k btc with your 4btc\day with increasing difficulty?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Mushoz on June 22, 2012, 01:39:39 PM
Are you investing in Pirateat40's Bitcoin Savings and Trust or a pass-through operation for BST?
And if so, how big of a % of your total funds is invested with him and are you able to guarantee payouts if Pirate defaults?
Thanks!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on June 22, 2012, 09:25:49 PM
watching my investment  ;D


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on June 23, 2012, 01:23:00 AM
Sorry for grumbling, but how are you planing to cover loss of 2k btc with your 4btc\day with increasing difficulty?

Haven't updated yet, and I also invest in other opportunities that rise up, I have some of my personal coins with Pirate, but none of the coins of my depositors. I keep a fine line between the two.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Mushoz on June 23, 2012, 03:50:41 PM
Can I get a deposit address for a 10 week term, with a weekly 2,5% payout? I would like to deposit 11BTC.
Thank you very much in advance!

Edit: Oh, nevermind. I didn't notice the minimum is 100 BTC. My bad :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on June 29, 2012, 11:18:08 PM
All payouts for this week paid out. Please confirm receipt.

*Table also updated.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on June 30, 2012, 08:23:09 PM
Interest payment received. Thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 07, 2012, 12:10:25 AM
Deposits sent out, please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on July 07, 2012, 02:01:15 AM
Deposits sent out, please confirm.

Confirmed! :D


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: gsan on July 07, 2012, 11:59:09 AM
Deposits sent out, please confirm.

Received, thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vokain on July 09, 2012, 07:23:38 PM
How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: SimBesh on July 10, 2012, 12:03:15 AM
How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month

only his profit on top of the 2.5% would vary.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on July 10, 2012, 06:22:42 AM
How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month
Are you getting confused with weekly & monthly? 2.5% a week is 2.5% a week, but a different amount each month (Feb is 10%, March is 11.??%). Was that it?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vokain on July 10, 2012, 05:22:37 PM
How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month
Are you getting confused with weekly & monthly? 2.5% a week is 2.5% a week, but a different amount each month (Feb is 10%, March is 11.??%). Was that it?

I was referring more to business models that are dependent on loans of 2.5%/week. Most businesses will have a varying degree of profit margins, which you note that it changes from month to month. If nckrazze doesn't deal in fiat (aside from his mining op) how does he afford more to acquire more bitcoins to pay the interest on the principal?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: phantitox on July 11, 2012, 05:35:55 AM
are you accepting new depositors?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 11, 2012, 12:51:11 PM
are you accepting new depositors?

Yes.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Onichan on July 13, 2012, 02:09:13 AM
I would like to setup a one month account.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 13, 2012, 05:56:41 AM
I would like to setup a one month account.

PM'd


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Ocean6 on July 13, 2012, 12:21:02 PM
Would you consider a BTC50 month-long deposit?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 14, 2012, 12:54:55 AM
Payouts sent! Please confirm!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on July 14, 2012, 08:11:52 AM
Payouts sent! Please confirm!
Received, thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 21, 2012, 06:21:41 AM
Interest payments sent. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on July 22, 2012, 10:10:04 AM
Received. Thank you :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on July 22, 2012, 12:08:51 PM
is there an option to reinvest interest payments?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 22, 2012, 06:49:00 PM
is there an option to reinvest interest payments?

Recently,  I added the option.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 27, 2012, 01:40:07 PM
Interest payments sent out, please confirm!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on July 27, 2012, 11:36:51 PM
Interest received. Thanks :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on July 28, 2012, 02:02:11 PM
waiting for confirmation on my deposit


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 29, 2012, 12:47:12 AM
waiting for confirmation on my deposit

Confirmed.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Micon on July 29, 2012, 05:32:23 AM
Why invest in me when there are dozens of others?
I can provide risk-free deposits that are guaranteed to payout.

What will I be doing with your money exactly?
Putting out loans to trusted members on the forums, depositing to others as offers arise, investing in short term opportunities, and expanding my current mining rig to ensure stability as a form of backup to the deposit system.

Why should I trust you?
Yes, I realize I am not a Hero Member or even close. Many of you probably have never heard my username before. But I am here to stay. I've made some rep there and I don't plan on jeopardizing what's going for me so far.

Deposit Options
I am currently only accepting deposits greater than 100 BTC.

4 Week Deposit: 2.25 payout weekly (9% monthly)
10 Week Deposit: 2.5% payout weekly (10% monthly, or 25% for entire term)

*I reserve the right to return your deposit fully back to you under any circumstance with the appropriate interest amount for the current week.

PM me or Comment with any other questions or concerns.

Current Deposits:
Code:
Depositor:           Deposit Amount:             Weekly Interest Rate:            Term Length:           Deposit Return Date:
thirdlight           20 BTC                      2.5%                             16 weeks               9/14/2012
MoinCoin             70 BTC                      2.5%                             10 weeks               8/31/2012
lky_svn              250 BTC                      2.25%                            4 weeks                8/17/2012
vescudero            400.4 BTC                   2.5%                             20 weeks               11/9/2012
cytokine:MOVETO.FUND 2400 BTC                    2.5%                             20 weeks               8/31/2012
A1                   100 BTC                     2.5%                             10 weeks               8/31/2012
A3                   520 BTC                     2.5%                             10 weeks               9/7/2012
Gsan                 200 BTC                     2.5%                             10 Weeks               8/31/2012
DeaDTerra            200 BTC                     2.5%                             4 Weeks                8/3/2012
BTC4Domains          380 BTC                     2.25%                            4 Weeks                8/31/2012
A4                   100 BTC                     2.25%                            4 Weeks                8/31/2012
Onichan              350 BTC                     2.25%                            4 Weeks                8/10/2012
Lenny_               120 BTC                     2.5%                             10 Weeks               9/21/2012
Vandordeak           100 BTC                     2.5%                             10 Weeks               9/21/2012
Zebedee              110 BTC                     2.25%                            4 Weeks                8/10/2012


--Total Deposits: 5120.4--


yet another Ponzi scheme (jeez how many are out there wow!) added to Micon's list of things you should never sent BTC to and try and get back all the BTC you can if you have already sent

https://bitcointalk.org/index.php?topic=94900.0


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on July 29, 2012, 06:06:32 AM

yet another Ponzi scheme (jeez how many are out there wow!) added to Micon's list of things you should never sent BTC to and try and get back all the BTC you can if you have already sent

https://bitcointalk.org/index.php?topic=94900.0

You're a joke.


As johnthedong said,
Just take my tip and add the whole lending subforum to the list. There's essentially no lenders/borrowers that offer less then 1% a week here.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: PatrickHarnett on July 29, 2012, 08:07:08 AM
The Micon stamp of approval - I'm envious, I don't have one.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: DeaDTerra on July 29, 2012, 09:36:25 AM
The Micon stamp of approval - I'm envious, I don't have one.
Me neither :(
I want it xD
//DeaDTerra


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 04, 2012, 05:54:09 AM
Deposits for this week sent out.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on August 04, 2012, 07:05:13 AM
Interest payment received. Thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on August 11, 2012, 10:18:07 AM
Interest payment received. Thanks,


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 11, 2012, 06:18:19 PM
Deposit payments were sent out last evening. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on August 11, 2012, 06:37:41 PM
Interest received, thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 18, 2012, 03:43:30 AM
Deposits sent out.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on August 18, 2012, 12:46:47 PM
Received. Thanks  :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 19, 2012, 07:18:30 AM
Due to the recent controversy surrounding pirateat40's departure from the Bitcoin investments scheme after he announced the end of his operation, Bitcoin Savings and Trust, I have decided to end the depositing service, "NCKRAZZE's Deposits". I have developed many close friendships with many of the clients I have had to deal with, and it is truly difficult for me to leave the program behind. I personally felt that the service was expanding very quickly and had potential to be a large, ongoing project. However, following pirate's resignation, I received many requests from clients who wished to withdraw all of their coins from my service. The deposits that are made into my service are not eligible for early withdrawals because I offer 4/10/20 week terms, however the requests I received influenced me to make the decision to return all original deposits to their rightful owners. I have a few new depositors that I did not get to work with for as long as I wish I could have, and for this I apologize.

Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE. In addition to this, I have a large amount of coins that were deposited this past week by two new depositors. About 50% of these coins are liquid and in my possession. That said, the 35% reserve is still intact and will be used  to pay back the depositors. Though I have a great deal of personal savings that are invested with pirate, none of the coins deposited to NCKRAZZE's Deposits were used to deposit into BTCST. This said, since pirate's scheme has come to an end and I plan on having a stable source of income from the bitcoin market, I plan on having the mining operation continue to generate coins as I also wish for my investments with other lenders (those that are still continuing their depositing services) as well as my bonds on GLBSE to remain in my possession. By this I mean that I would like to keep these going as personal investments. However, I will liquidate mining hardware and I will also withdraw coins from lenders/sell bonds if needed to fund all of the deposit returns. In fact, my main priority is to liquidate about 15% of the mining operation in order to fund the returns.

With 15% of the mining operation coming from USD to BTC, as well as the coins that are currently in my possession (35% reserve and the recent deposits), I still have a great deal of bitcoins to return. I plan on using my personal funds that were invested with pirate to cover the rest of the coins that will be returned to their owners. I expect pirate to return the funds this week as he stated in his post (8/20/2012-8/27/2012). With coins coming from all of these different sources to fund all of the returns, I will need close to 10 days to be able to return all funds. In the case that pirate is unable to payout, which is highly unlikely, I will be forced to sell all of my assets to fund the returns. This will require the liquidation of all of my mining hardware and will require a larger time frame.

Maybe in the future when the community settles there may be another opportunity...

Thanks for all of the support,
Nick


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on August 19, 2012, 08:06:02 AM
Really sad to hear, nckrazze. Are you going to include calculated amount of interest when you will be returning funds to investors?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 19, 2012, 05:40:25 PM
Really sad to hear, nckrazze. Are you going to include calculated amount of interest when you will be returning funds to investors?

I will try my best, but there will be very little interest being gained as I have shut down most of my operation in order to part out pieces to make up for the 15%. I will attempt to give a fair amount, but I cannot promise this.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on August 21, 2012, 12:08:26 PM
I'm quite sad and surprised to hear this Nick, and I would even go as far as to ask you to reconsider! I'm mostly surprised because when pirate returns all his investors coins, there will be a lot of coins looking for a solid investment opportunity, of which you are one. The withdrawal requests are in my opinion nothing more than people acting irrationally, and I hope that you'll keep a a level head and your eyes on the longer term perspective.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 23, 2012, 02:18:28 AM
I'm not fully aware of your situation or mining operation, but if you have any BFL hardware to sell I may be interested.

As I said earlier, I am not planning on selling much. The 10% that I have begun selling is strictly Graphics Cards.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: John (John K.) on August 23, 2012, 06:32:27 AM
Quoting this as per request from vescudero:

For potential depositors, Victor has more than 300BTC with me in GLBSE shares.

Thank you.

400+ with me as well!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on August 23, 2012, 10:17:52 AM
just curious.. if none of your customers coins were used for pirate.. which would mean they were used for something else.... why would you need to use your own funds that were given to pirate to pay back customers ?

apologies if i misread or am slow or something :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: VEscudero on August 23, 2012, 03:48:28 PM
Quoting this as per request from vescudero:

For potential depositors, Victor has more than 300BTC with me in GLBSE shares.

Thank you.

400+ with me as well!

Thank you John for quoting this.

Nckrazze, Just to be kept accountability, I think it would be an exercise of transparency to show again the list of all the depositors with all the amounts and expiration dates so there is no need for us to post our details here.

I deposited 400.31337 BTC with you on 2012-06-22 for a 2.5% weekly interest rate for a 20 weeks period. I only received my payments during the first 10 weeks before you shutdown your deposit operation so I am still waiting for you to return back my principle 400.31337 BTC.

Can you please, give us an estimate of when are you going to return all the coins you owe?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on August 23, 2012, 06:04:42 PM
just curious.. if none of your customers coins were used for pirate.. which would mean they were used for something else.... why would you need to use your own funds that were given to pirate to pay back customers ?

apologies if i misread or am slow or something :)

Yeah that was what I was thinking too :)

Quoting this as per request from vescudero:

For potential depositors, Victor has more than 300BTC with me in GLBSE shares.

Thank you.

400+ with me as well!

Thank you John for quoting this.

Nckrazze, Just to be kept accountability, I think it would be an exercise of transparency to show again the list of all the depositors with all the amounts and expiration dates so there is no need for us to post our details here.

I deposited 400.31337 BTC with you on 2012-06-22 for a 2.5% weekly interest rate for a 20 weeks period. I only received my payments during the first 10 weeks before you shutdown your deposit operation so I am still waiting for you to return back my principle 400.31337 BTC.

Can you please, give us an estimate of when are you going to return all the coins you owe?

And This would be a great help!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 24, 2012, 02:22:39 AM
@ johnthedong, yes that is correct.

@ justin00 correct, I prefer to keep the operations I had running with the depositing service at my disposal. I can still generate revenue from the mining project, the shares and bonds on GLBSE, etc, so I would like to return coins from my personal savings with pirate rather than sell my assets.

@ vesucudero, I will return coins within 10 days as I stated earlier. As for the table, there is no need for you to post the details here, I have it in my records. If I do not return the funds within 10 days, which I am trying to accomplish, I will post the data table here while I work on selling assets if needed upon a default from pirate.


Thanks for your patience,
Nick


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on August 24, 2012, 04:04:03 AM
I have some of my personal coins with Pirate, but none of the coins of my depositors. I keep a fine line between the two.

Victor - the chart you're looking for was preserved by Bryan Micon here (https://bitcointalk.org/index.php?topic=81927.msg1062266#msg1062266).


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 24, 2012, 04:11:27 AM
I have some of my personal coins with Pirate, but none of the coins of my depositors. I keep a fine line between the two.

Victor - the chart you're looking for was preserved by Bryan Micon here (https://bitcointalk.org/index.php?topic=81927.msg1062266#msg1062266).

Been a few additions, but yes, that is correct.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on August 24, 2012, 08:13:01 PM
Hi Nick! Quick question for you: will you be making the interest payment today?

If not, then I assume you will you be compounding the interest for each of your lenders until you get your payout from pirate, correct?

Thanks!
-cyto

EDIT: I'm keeping track of my account with you here, which is:

...
8/17/2012: 2400 @ 2.6%/week = 62.4 payment, made on time
8/24/2012: 2400 @ 2.6%/week = 62.4 payment, no payment received - assume reinvesting interest
8/31/2012: 2462.4 @ 2.6%/week = 64.0224 payment, pending


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on August 27, 2012, 08:35:35 AM

I will need close to 10 days to be able to return all funds.


I think we need a sound plan from your side. 10 days nearly gone and no news about our principal. Can we have some update?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 27, 2012, 04:16:35 PM

I will need close to 10 days to be able to return all funds.


I think we need a sound plan from your side. 10 days nearly gone and no news about our principal. Can we have some update?

As I said, I am still waiting on pirate. If he is unable to payout, I will resort to selling my assets.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on August 27, 2012, 04:25:02 PM
As I said, I am still waiting on pirate. If he is unable to payout, I will resort to selling my assets.

I think it's very likely pirate will be paying *something*, even if it's not the full amount owed.

That said, in the unlikely event of a full default, then instead of selling your assets in the very illiquid GLBSE market, it would make much more sense to make a list of what you have for your creditors. Depending on the assets, I may prefer to take them directly as repayment instead of coins.

Alternatively, I would be willing to negotiate a much lower interest rate for you, so that you don't have to liquidate everything if pirate defaults. Let me know what rate would make it possible for you to repay without having to sell everything off.

Thanks Nick!
-cyto


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on August 27, 2012, 04:56:26 PM
As I said, I am still waiting on pirate. If he is unable to payout, I will resort to selling my assets.

I think it's very likely pirate will be paying *something*, even if it's not the full amount owed.

That said, in the unlikely event of a full default, then instead of selling your assets in the very illiquid GLBSE market, it would make much more sense to make a list of what you have for your creditors. Depending on the assets, I may prefer to take them directly as repayment instead of coins.

Alternatively, I would be willing to negotiate a much lower interest rate for you, so that you don't have to liquidate everything if pirate defaults. Let me know what rate would make it possible for you to repay without having to sell everything off.

Thanks Nick!
-cyto

That's right Cytokine.  I also would like to know what is on offer since this loan is guaranteed and as you stated particulary it has nothing to do with pirate. I can agree a lower interest rate too, just to ease the pressure. I deposited my money to you because I wanted it to be away from pirate. You may want to wait a lot longer to find out if pirate will pay then I do. The 10 days is over soon which you asked us to wait. Let us see clear and make a list of what you have for creditors. 


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on August 27, 2012, 06:44:08 PM
Recommend withdrawal of coins you have lent out (== deposited), use of reserves & transfer of glbse assets to pay your depositors.

I will accept glbse asset transfer at agreed, and fair, price, rather than take the BTC proceeds of a fire sale.

Don't panic. Your creditors are reasonable people. Keep communicating!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on August 27, 2012, 08:54:18 PM
Recommend withdrawal of coins you have lent out (== deposited), use of reserves & transfer of glbse assets to pay your depositors.

I will accept glbse asset transfer at agreed, and fair, price, rather than take the BTC proceeds of a fire sale.

Don't panic. Your creditors are reasonable people. Keep communicating!

5 day avarege asset price on glbse would be acceptable for me. What do you all think?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on August 27, 2012, 10:25:38 PM
Don't panic. Your creditors are reasonable people. Keep communicating!

I second this. I promise: we are not here to eat you!

I can easily see that 2.5% or 2.6% per week is not sustainable without pirate backing you - I get this - you were margining your GLBSE investments in a sense, which is perfectly fine. So what we need to do is lower the interest rate until it's quite a bit less than what you're earning off of your other investments. That way you can start to make progress repaying without having to sell off your assets, and you can continue growing your capital.

I think this would be the best possible solution for everyone IMO.

That said, none of this matters right now because we should give this another week and see what happens with pirate.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 28, 2012, 12:35:42 AM
Don't panic. Your creditors are reasonable people. Keep communicating!

I second this. I promise: we are not here to eat you!

I can easily see that 2.5% or 2.6% per week is not sustainable without pirate backing you - I get this - you were margining your GLBSE investments in a sense, which is perfectly fine. So what we need to do is lower the interest rate until it's quite a bit less than what you're earning off of your other investments. That way you can start to make progress repaying without having to sell off your assets, and you can continue growing your capital.

I think this would be the best possible solution for everyone IMO.

That said, none of this matters right now because we should give this another week and see what happens with pirate.

Thanks for the support, I am still waiting on the outcome. If he is unable to payout, I will choose whether or not I will sell my assets or continue the investment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on August 29, 2012, 05:26:02 AM

That's right Cytokine.  I also would like to know what is on offer since this loan is guaranteed and as you stated particulary it has nothing to do with pirate.

It should be clear by now that that claim wasn't the truth.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on August 29, 2012, 07:36:05 AM
Another option is to create an asset on GLBSE that has a NAV equal to the sum of all deposits and resume operation. Or an optimal combination of all three options (since there is guaranteed payback, depositors should have the right to opt out of such a solution).


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 29, 2012, 02:08:43 PM
Im eagerly awaiting new information, now that pirate admitted his default.
My deposit is due on 08/31. All accounts due on 08/31 almost sum up to BTC 1000.
So whats the plan Nick?  :)

Yes following the news of pirate's default, I have resorted to selling all assets to be able to return your principals. This will be a long process, and for this reason, I have to have your full cooperation on this matter. I will begin liquidating starting as of September 10, 2012. I would hate to see people drop accounts like they did with pirate, but I cannot control this. Therefore, if anyone is interested in selling their investment debt, please contact me so I can arrange the sale. 

I will try my best to get all of your money back from the assets, but I need my lenders to understand that this can be a long and difficult process. You have been very loyal from the start, and I know that this will not be a problem for many of my lenders.

Thanks for the consideration, and I will continue to remain continuously active on this forum as well as IRC. By all means, if you have any questions or concerns, please ask ahead.
-Nick


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on August 29, 2012, 03:12:39 PM
I will try my best to get all of your money back from the assets

I'm having some difficulty deciphering this sentence. Do your investors still have a guarantee on their deposits? Will you compensate the difference from your pocket if the asset sales aren't enough to cover?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 29, 2012, 04:49:57 PM
I will try my best to get all of your money back from the assets

I'm having some difficulty deciphering this sentence. Do your investors still have a guarantee on their deposits? Will you compensate the difference from your pocket if the asset sales aren't enough to cover?


Yes, the coins in my wallet right now are my personal coins. That's my pocket. I practically have nothing else but the assets. As I said, I will give up my personal coins to help ease the process. All I need is time.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on August 30, 2012, 02:47:04 PM
I still think there will be money returned by pirate, default means he needs more time without the interest adding up.
Anyways, lets wait a few days


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on August 30, 2012, 03:25:57 PM
You stated that the funds you get is NOT put into BTCST, then why would a BTCST default affect your payout?
It sounds like you are lying from the very beginning.
All these deposits that went bust, is b/c all of you guys were investing in BTCST with people's funds. How can you "guarantee" and tell people they are not related to BTCST?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on August 30, 2012, 05:27:42 PM
You stated that the funds you get is NOT put into BTCST, then why would a BTCST default affect your payout?
It sounds like you are lying from the very beginning.
All these deposits that went bust, is b/c all of you guys were investing in BTCST with people's funds. How can you "guarantee" and tell people they are not related to BTCST?

Looks to me like he was running a pirate passthrough while telling his victims that they had no Pirate exposure, and then pocketing the difference in interest payments.

Now he claims to have "assets" on GLBSE but I know of nothing on GLBSE paying anywhere near 2%/wk + profit for NCKrazze, unless you count Pirate bonds. He also conspicuously ignored his lenders' request for a list of GLBSE assets when they floated the idea of accepting shares/bonds in lieu of Bitcoin payments.

The last time a list of depositors was published was by Micon on July 29 that showed BTC5100 on deposit. Link (https://bitcointalk.org/index.php?topic=81927.msg1062266#msg1062266).

Nick has refused to provide current numbers, but assuming they are about the same as on July 29th, let's hope for the depositors' sake that he has a mining rig with a resale value of about US$50,000. I did find one post where he bought a video card from a forum member, so a mining rig may in fact exist somewhere.

If we take him at his word, and believe what he has posted since Pirate shut down, he has assets to back up his US$55,000 in debt. Fortunately, here's a post (https://bitcointalk.org/index.php?topic=83679.msg1006931#msg1006931) I found with good advice on what to do in such situations. He also claims to have 35% reserves, but I doubt that's true since he was in #bitcoin-otc a month ago looking for a short term loan for about 10 BTC.

35% of BTC5100 = BTC1785, BTW.

I suspect Nick's creditors see the handwriting on the wall, but are afraid to raise a stink for fear that he stiffs them in the unlikely event that he ever pays anything back. Luckily, Nick has provided us with a good example on how to deal with deadbeats. Link here (https://bitcointalk.org/index.php?topic=85474.msg969146#msg969146).

Anyways, you guys should have known better (https://bitcointalk.org/index.php?topic=89122.msg1015477#msg1015477). Cytokine, you should be ashamed to have put US$25,000 that people entrusted to you with this guy without you even doing a modicum of due diligence. In the very first post of his flagship "business" thread, he brags about how much money he made selling counterfeit name brand headphones and representing them as real.

BEATS HEADPHONES
Hi, I am selling Beats by Dre Tours. These are fake, however, they can be sold for a lot of money to people that do not know much about the specifics of the headphones; in fact, they are very close replicas, with amazing sound quality, and they have always passed when I sold them.

I have sold close to 55 of these in person, they are easy to resell for high prices over 100$.

And that's who you want to "invest" people's money with?

With Bitcoin, we're trying to revolutionize the world, money and commerce. Let's pull our heads out of our asses and stop pissing away this opportunity on the online equivalent of a two-bit street hustler.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on August 30, 2012, 08:15:43 PM
I will try my best to get all of your money back from the assets

I'm having some difficulty deciphering this sentence. Do your investors still have a guarantee on their deposits? Will you compensate the difference from your pocket if the asset sales aren't enough to cover?


Yes, the coins in my wallet right now are my personal coins. That's my pocket. I practically have nothing else but the assets. As I said, I will give up my personal coins to help ease the process. All I need is time.


Nick. What we need is a list to see who do you owe money, how much and what is cleared so far. Looks like you lied to us about the guarantee. So please put up a list of assets as collateral for the guarantee.

What we do not need is an other date when you planing to liquidate your assets. You owe us right now. We do not need dates, we need valuable assets or btc. You made  lots of money on pirate by lying to us. Anyway you will get back your money from pirate that is not my thing to worry about.

And please take off your signature which advertising your scam, or you planing to take on more deposit?
I remember the argument with Dank because I also lent him some money. He paid my principal and all the interest in full. He owed you money too but was late on interest payment. You showed us what to do with such an irresponsible person. If we do the same to you I think you would be never be able to pay us back. So I will be generous and I will forget about the rest of the interest. Just send me back my 100BTC principal and we square.

You say you need time, and I say I need my money right now, so show me what you have. I do not care about your business with pirate.

The coins in your wallet are not your personal coins, because you owe to us. Pay up then you clear. You should be labelled to  scammer until you not up to the guarantee you promised. Anyone knows how to do that?

Please reply quickly because the only thing I have now is time.



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on August 30, 2012, 08:18:52 PM
Who would've said that what he did to dank would come back to bite him in the ass? ;D


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: dank on August 30, 2012, 09:12:27 PM
I recall only needing time too.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on August 30, 2012, 09:24:29 PM
I recall only needing time too.

And yet he charged you 3%/day for that time. LOL
Karma is a bitch.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: dank on August 30, 2012, 09:59:55 PM
I recall only needing time too.

And yet he charged you 3%/day for that time. LOL
Karma is a bitch.
Truly.  I'd say it's karma for lying to his depositors as well.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on August 30, 2012, 11:23:18 PM
may 12th he had a thread asking for 150btc loan
may 16th the bank/investment thread was made.....

zomg nick bank is the dank bank !!!!1111!!!  ;D

In fairness to Nick though... he did seem to be give quite a few loans... but yeah.. not sure what you people were expecting to happen with him offering the highest amount of interest (with the exception of pirate)



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on August 31, 2012, 01:38:48 AM

With Bitcoin, we're trying to revolutionize the world, money and commerce. Let's pull our heads out of our asses and stop pissing away this opportunity on the online equivalent of a two-bit street hustler.


I actually handle 18,000 BTC of deposits. I manage deposits of 3500+ on a different address to avoid attention. So that's roughly 180,000 USD if you are counting, Bit. As I said, give me time.

And for those of you that are impatient and proceed to insult me, you will be ignored.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on August 31, 2012, 02:59:07 AM

With Bitcoin, we're trying to revolutionize the world, money and commerce. Let's pull our heads out of our asses and stop pissing away this opportunity on the online equivalent of a two-bit street hustler.


I actually handle 18,000 BTC of deposits. I manage deposits of 3500+ on a different address to avoid attention. So that's roughly 180,000 USD if you are counting, Bit. As I said, give me time.

And for those of you that are impatient and proceed to insult me, you will be ignored.

Dank should have to ignore you when you were proceed to insult him because he owed you some money. It was 15 BTC an you just were a pain in the ass. What do you expect? You owe 18,000 BTC to the people, nearly 200,000 USD. What if we would count 3 % daily as you did to Dank.

I see now how you are planing to resolve this situation. You asking for time, but after a while everyone will be impatient so they will all start to insult you, which will give you an excuse to ignore them because you said so.

You say you "handle" 18,000 BTC deposit. Would you just handle back to me my 100 BTC right now, and after we could ignore each other for good.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: bitsire on August 31, 2012, 05:24:39 AM
"He who hath the gold BTC maketh the rules".

NICKRAZZE, I was one of your earlier investors and was very pleased with your service. I can understand that you need time now so I will wait patiently as you ask. In return, please add me to your list of "non-insulting good guy depositers" so I'm near the top of the payout queue rather than the bottom  :D

Thanks!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on August 31, 2012, 05:45:26 AM
"He who hath the gold BTC maketh the rules".

NICKRAZZE, I was one of your earlier investors and was very pleased with your service. I can understand that you need time now so I will wait patiently as you ask. In return, please add me to your list of "non-insulting good guy depositers" so I'm near the top of the payout queue rather than the bottom  :D

Thanks!

Same with me Nick. :) You know it's true...


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Francesco on August 31, 2012, 03:55:17 PM
I am really amazed at the amount of sweetness around here.

Lukily I am not directly exposed, and I should be able to terminate my indirect exposure soon without losses (other than having to liquidate otherwise promising assets), but really


I will begin liquidating starting as of September 10, 2012.


Why THIRTEEN DAYS more? You should have started liquidating the day you announced the termination of the operation(or before). Nowhere it is written you should be allowed the time to wait for the end of Pirate's story, for instance -people invested here to be safe from Pirate, after all, so you should have taken care to avoid this being a problem.
People even offered to settle your debts by directly taking assets, which would generate no losses, and take no real time. Really, why wait?
Much more so seeing you weren't nearly as lenient when on the other side...

And

 
I would hate to see people drop accounts like they did with pirate, but I cannot control this. Therefore, if anyone is interested in selling their investment debt, please contact me so I can arrange the sale. 

I will try my best to get all of your money back from the assets, but I need my lenders to understand that this can be a long and difficult process.

-Nick

Only to me this sounds awfully as

Quote
Oh, I'd really hate to see my beloved lenders lose money; but please do panic and sell your debt back to me at a discount; otherwise you could get nothing at all, since you should have understood by now that I do not really have the coins to pay you back in full
?
Because if this isn't the case, then why even consider the possibility at all? Pirate debt was sold at a discount since everyone knew they had no guarantee at all, and many of the investors probably suspected it to be a fraud too, they just hoped it would last enough to profit and quit. Which is the exact opposite of this case, which was supposed to be fully guaranteed. If you were really only worried about your investors losing money panic selling, you could very simply show them you have the ability to pay them back.
By not even trying to do this, and just asking to "give you time" (almost a month) and "trust you" (just like Pirate did -I am not saying the situation is the same, only it looks similar from the exerior), stressing that it will be a "long and difficult process", and in addition ventilating the idea of panic sales of your debt, you are quite endorsing the idea that ther's indeed strong reason to worry about your ability to make this end well, IMHO.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on August 31, 2012, 07:10:40 PM
My thoughts on the matter re-posted from another thread:

The OP is wrong and a non-sequitur, the conclusions don't follow from the facts.

The situation with Pirate is causing a bank run where everyone rushes to withdraw all of their deposits. This can cause liquidity problems for all depositors, whether they are invested themselves or not.

Take Nckrazze for example. If he has 35% reserve and a customer constituting 10% of the deposits withdraws, he now has 25% reserve until he can replenish it (which takes time). After a few more withdraws the reserve will run out. He doesn't know in advance how many people will want to withdraw and it is legitimate to serve the first requesters in full.

With INAU it's even sillier. "Insured" doesn't mean he has funds lying around in completely liquid form doing nothing. If he did he'd have no need to take the deposit. The insurance means he has the funds in some useful illiquid form, and will pay them back in a default once liquidated.

I'm not saying anyone is or is not a liar, just that it doesn't follow from the facts you mentioned. And of course, if you hold yourself to a higher liquidity standard that's great.

+1000

Thanks Meni for posting this, and I really appreciate the professionalism and eloquence of your comments. I truely apologize for saying anything bad towards you in the past when I was pissed about PUREMINING. You have been nothing but honest and always upheld your obligations.

Meni is right that these deposit takers are having a serious liquidity crunch, and some are in default since they've stopped paying interest, but it doesn't mean that they're not ultimately good for their deposits. I'm tired of all this premature lynching going on, everyone needs to just be honest and uphold their obligations to their best of their abilities, and apart from that we need to just move on to new things. There's still a very good chance IMO that Pirate will settle for *something*, and so I expect the situation to improve over the next few weeks. At the very least, it certainly cannot get any worse than the current situation in which I'm operating under the assumption of a complete and total pirate default.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on September 08, 2012, 10:26:36 PM
That is Hashking's "solution" for exactly the same problem you have. So what do you all think how many of it could we apply here?

I will currently be suspending all interest payments and withdrawals. 
As I receive coins from the various things that I have going on I will start sending people's principal back.  I will also be purchasing coins from my personal
funds.  Interest that has been paid out will be deducted from the current principal.  The reason for this is I would like to get everyone's principal
back before anyone receives anymore interest.  I am not able to give a timeframe on the repayment as there is alot of factors that can effect it.  I know for sure it won't be
weeks or months, but more then likely in the ballpark of 3 years.   

Why did this happen?

Over the last several weeks, I have had alot of depositors request their funds back with no new deposits.  I have been able to process these requests up until now.  I was also buying mining equipment and had some bad luck with some of the new vendors on the forum.  I put in some large orders that I never received the equipment in a timely manner, received equipment that really didn't work up to spec, or was forced to take a refund at a higher BTC price.  Finally I did make a mistake and invest a portion of the funds in BTCST along with with some personal funds. 

I do feel very bad that this has turned out this way.  I will do whatever I can to get everyone paid back.  I am also at a personal loss.  Payments will start going out Monday 9/8/12.  This will be a slow process, so please be
patient. 



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on September 08, 2012, 10:55:27 PM
That is Hashking's "solution" for exactly the same problem you have. So what do you all think how many of it could we apply here?

Pretty much the same issue, but I don't think the interest should be deducted. Pay the [principal - interest] first for everyone, and then re-pay the interest. Beggars can't be choosers, I know, however I would trust the statement more if it's worded like that, since that's the proper thing to do. Their names will be cleared far before they have finished the payments and they would be able to do business in these forums to make the money back.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Micon on September 09, 2012, 11:51:46 AM

With Bitcoin, we're trying to revolutionize the world, money and commerce. Let's pull our heads out of our asses and stop pissing away this opportunity on the online equivalent of a two-bit street hustler.


I actually handle 18,000 BTC of deposits. I manage deposits of 3500+ on a different address to avoid attention. So that's roughly 180,000 USD if you are counting, Bit. As I said, give me time.

And for those of you that are impatient and proceed to insult me, you will be ignored.

well, at least it was Guaranteed.  that's still in the title. 

:ponzifail

Please! PLEASE!  stop "investing" in scams, it's hurting bitcoin


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on September 09, 2012, 10:31:50 PM
I think the time has arrived to post a repayment plan. It's unfortunate, but it is what it is. At this point, if pirate pays anything at all, it will be a blessing, but it's not to be expected.

The best way to handle this is this: I think you should repay some amount to each creditor every week by sending a payment to their withdrawal address in % terms based on how large of a creditor they are to you. For example, if in week1 you can repay 100 BTC, then you divide that up, with larger creditors getting proportionately more. You repeat each week until the debt is repaid for all your creditors.

Otherwise, it wouldn't be fair if some creditors get paid earlier and others later.

Thanks nick.
-cyto


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: MPOE-PR on September 10, 2012, 02:07:53 AM
Fascinating.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 10, 2012, 04:26:43 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.

I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Micon on September 10, 2012, 04:34:36 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.

I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.



standard Ponzi-stall, wash, rinse, repeat the Pirate debacle.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: DeathAndTaxes on September 10, 2012, 04:36:41 AM
Might be a good idea to rename the thread.  Having "low risk" and "guaranteed" in the title at this point just seems silly.

How about "NCKRAZZE's Deposits - In default.  Organizing repayment plan"


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Bitcoin Oz on September 10, 2012, 04:37:26 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.

I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.




People did not place coins with pirate they placed them with you. Not only did you steal their coins you stole the extra interest they were earning to pay out other depositors.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: JoelKatz on September 10, 2012, 04:39:29 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.
Just one question: Did you know, or reasonably suspect, that Pirate was operating a Ponzi scheme when you decided to place your investors' funds, and the "personal" funds you were using to guarantee those funds, in his care?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 10, 2012, 04:42:08 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.
Just one question: Did you know, or reasonably suspect, that Pirate was operating a Ponzi scheme when you decided to place your investors' funds, and the funds you were using to guarantee those funds, in his care?

That's a negative. With his name out, GPUMax registered as an LLC, as well as all the sock-puppets, bets, and depositors, I was convinced that he was running a legitimate business.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on September 10, 2012, 04:50:53 AM
Mostly due to bad planning on my part as well as a large flow of coins at once and the rising difficulty rate, I was unable to continue my mining project and ended up liquidating most of it. Around July 18th, I had completely liquidated all of the mining hardware that belonged to the Deposits Service. I kept a bit over 2000$ worth of hardware for myself (which were my personal assets), to continue generating coins with. My funds remained dormant until August 6th, when I decided that the magnitude of the payouts was too great for the coins to be sitting around for. For this reason, I chose to place all the funds with pirate and continue to payout weekly interest until terms were over. As terms ended, I would not offer term renewals, and would return all of the coins to the depositors. However, in a sequence of unfortunate events, I was unable to withdraw coins from pirate, but continued to payout using the reserve fund, as mentioned (35%). I am at a personal loss now of over 2000 coins, but have liquidated my assets and will begin paying out respectively. I need everyone to understand that this will not be a matter of a few weeks or months, but rather, will be closer to a few years. At this point I cannot give a definite date that I will have returned all principals back by. However, my priority will be to return the principals. Once everyone has their principal amount deposited, I will attempt to pay the remaining interest.

I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.
How do you explain the contradictions between this, and what is still in your initial post, and your not updating the initial post to reflect the above?

Never mind the contradictions between your claims above and my PM Inbox.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Bitcoin Oz on September 10, 2012, 04:54:03 AM
Due to the recent controversy surrounding pirateat40's departure from the Bitcoin investments scheme after he announced the end of his operation, Bitcoin Savings and Trust, I have decided to end the depositing service, "NCKRAZZE's Deposits". I have developed many close friendships with many of the clients I have had to deal with, and it is truly difficult for me to leave the program behind. I personally felt that the service was expanding very quickly and had potential to be a large, ongoing project. However, following pirate's resignation, I received many requests from clients who wished to withdraw all of their coins from my service. The deposits that are made into my service are not eligible for early withdrawals because I offer 4/10/20 week terms, however the requests I received influenced me to make the decision to return all original deposits to their rightful owners. I have a few new depositors that I did not get to work with for as long as I wish I could have, and for this I apologize.

Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE. In addition to this, I have a large amount of coins that were deposited this past week by two new depositors. About 50% of these coins are liquid and in my possession. That said, the 35% reserve is still intact and will be used  to pay back the depositors. Though I have a great deal of personal savings that are invested with pirate, none of the coins deposited to NCKRAZZE's Deposits were used to deposit into BTCST. This said, since pirate's scheme has come to an end and I plan on having a stable source of income from the bitcoin market, I plan on having the mining operation continue to generate coins as I also wish for my investments with other lenders (those that are still continuing their depositing services) as well as my bonds on GLBSE to remain in my possession. By this I mean that I would like to keep these going as personal investments. However, I will liquidate mining hardware and I will also withdraw coins from lenders/sell bonds if needed to fund all of the deposit returns. In fact, my main priority is to liquidate about 15% of the mining operation in order to fund the returns.

With 15% of the mining operation coming from USD to BTC, as well as the coins that are currently in my possession (35% reserve and the recent deposits), I still have a great deal of bitcoins to return. I plan on using my personal funds that were invested with pirate to cover the rest of the coins that will be returned to their owners. I expect pirate to return the funds this week as he stated in his post (8/20/2012-8/27/2012). With coins coming from all of these different sources to fund all of the returns, I will need close to 10 days to be able to return all funds. In the case that pirate is unable to payout, which is highly unlikely, I will be forced to sell all of my assets to fund the returns. This will require the liquidation of all of my mining hardware and will require a larger time frame.

Maybe in the future when the community settles there may be another opportunity...

Thanks for all of the support,
Nick


Just quoting this for proof before he removes it. Note the "50% of the coins are still in my possession" for those playing at home.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 10, 2012, 04:57:03 AM
Due to the recent controversy surrounding pirateat40's departure from the Bitcoin investments scheme after he announced the end of his operation, Bitcoin Savings and Trust, I have decided to end the depositing service, "NCKRAZZE's Deposits". I have developed many close friendships with many of the clients I have had to deal with, and it is truly difficult for me to leave the program behind. I personally felt that the service was expanding very quickly and had potential to be a large, ongoing project. However, following pirate's resignation, I received many requests from clients who wished to withdraw all of their coins from my service. The deposits that are made into my service are not eligible for early withdrawals because I offer 4/10/20 week terms, however the requests I received influenced me to make the decision to return all original deposits to their rightful owners. I have a few new depositors that I did not get to work with for as long as I wish I could have, and for this I apologize.

Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE. In addition to this, I have a large amount of coins that were deposited this past week by two new depositors. About 50% of these coins are liquid and in my possession. That said, the 35% reserve is still intact and will be used  to pay back the depositors. Though I have a great deal of personal savings that are invested with pirate, none of the coins deposited to NCKRAZZE's Deposits were used to deposit into BTCST. This said, since pirate's scheme has come to an end and I plan on having a stable source of income from the bitcoin market, I plan on having the mining operation continue to generate coins as I also wish for my investments with other lenders (those that are still continuing their depositing services) as well as my bonds on GLBSE to remain in my possession. By this I mean that I would like to keep these going as personal investments. However, I will liquidate mining hardware and I will also withdraw coins from lenders/sell bonds if needed to fund all of the deposit returns. In fact, my main priority is to liquidate about 15% of the mining operation in order to fund the returns.

With 15% of the mining operation coming from USD to BTC, as well as the coins that are currently in my possession (35% reserve and the recent deposits), I still have a great deal of bitcoins to return. I plan on using my personal funds that were invested with pirate to cover the rest of the coins that will be returned to their owners. I expect pirate to return the funds this week as he stated in his post (8/20/2012-8/27/2012). With coins coming from all of these different sources to fund all of the returns, I will need close to 10 days to be able to return all funds. In the case that pirate is unable to payout, which is highly unlikely, I will be forced to sell all of my assets to fund the returns. This will require the liquidation of all of my mining hardware and will require a larger time frame.

Maybe in the future when the community settles there may be another opportunity...

Thanks for all of the support,
Nick


Just quoting this for proof before he removes it. Note the "50% of the coins are still in my possession" for those playing at home.

These numbers were not accurate. My recent post corrected this.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on September 10, 2012, 07:39:07 AM
That BTC addy in your signature has gone missing in the last 12? hours :~(
Why dont you use the 632BTC currently in it to start paying ppls ?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on September 10, 2012, 07:43:45 AM
So what's the plan for the first scheduled payout date - Sunday 30/09?
Please clarify how many coins will be distributed, and how much to each of your lenders.

Also, please specify what exactly you will be returning to each of your lenders (principal? Interest until when?) - surely you're able to whip up a quick spreadsheet that shows how much is outstanding for everyone.

Awesome work for "Low Risk Deposits with Guaranteed Pay". You've done exactly what I wanted to avoid, and what you always denied: "no BST exposure".


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on September 10, 2012, 07:53:50 AM
I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.

Two questions:
  • What is your total debt to depositors as of now?
  • Would you be willing to make all your personal information (provably) public?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on September 10, 2012, 02:05:18 PM
it's very nice to know that just about everything is tied to pirate.
Nckrazze, you should really post a repayment plan.
If you want to liquidate your hardware, I can take that for my principal payment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: JoelKatz on September 10, 2012, 02:13:41 PM
Two questions:
  • What is your total debt to depositors as of now?
  • Would you be willing to make all your personal information (provably) public?
And also, what's the total equity that will be available to pay debts to depositors?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 10, 2012, 10:49:17 PM
I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.

Two questions:
  • What is your total debt to depositors as of now?
  • Would you be willing to make all your personal information (provably) public?


18k btc


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 10, 2012, 10:50:01 PM


Awesome work for "Low Risk Deposits with Guaranteed Pay". You've done exactly what I wanted to avoid, and what you always denied: "no BST exposure".

I had no exposure when you asked me.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on September 10, 2012, 11:01:46 PM
So, when you going to start pay us our money?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 11, 2012, 12:57:15 AM
I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.
Two questions:
  • What is your total debt to depositors as of now?
  • Would you be willing to make all your personal information (provably) public?
18k btc
Please confirm
on August 10 deposits total: 9780.4 BTC
Then you liquidated part of your mining equipment
And put coins into pirate
And now you have 18k BTC in debt?

I had coins anonymously invested with me, where the investors strictly told me not to place their names on the list. These 2 persons also requested that their address remain confidential, therefore, I used a different address to manage their coins. One was 4500, other 9000


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on September 11, 2012, 01:29:22 AM
You said you are liquidating on 09/10.
Today is 09/10, how much have you liquidated? And Where's our payments?
Remember, every BTC counts. If you truely want to pay people back, start by paying everyone 1BTC back.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Monster Tent on September 11, 2012, 07:24:13 AM
I will return coins proportionately as they become available, but expect payouts on the last Sunday of each month.
Two questions:
  • What is your total debt to depositors as of now?
  • Would you be willing to make all your personal information (provably) public?
18k btc
Please confirm
on August 10 deposits total: 9780.4 BTC
Then you liquidated part of your mining equipment
And put coins into pirate
And now you have 18k BTC in debt?

I had coins anonymously invested with me, where the investors strictly told me not to place their names on the list. These 2 persons also requested that their address remain confidential, therefore, I used a different address to manage their coins. One was 4500, other 9000

Are you 15 like hashking ?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on September 11, 2012, 10:51:29 AM


Awesome work for "Low Risk Deposits with Guaranteed Pay". You've done exactly what I wanted to avoid, and what you always denied: "no BST exposure".

I had no exposure when you asked me.

And I expected you to keep it that way....


Please continue working towards giving us clarity on the situation and confidence that a structured repayment plan is coming into place!
I presume you have now stopped paying out interest to all?

The questions asked previously are still valid and not yet answered in sufficient detail:
- What is your total debt to depositors as of now?
- What are you planning to repay to your investors (principal? interest? if so until when?)
- What is the plan for those repayments?

Personally I think you could list those on one spreadsheet with anonymous information (e.g. a few characters of repayment addresses). If some depositors prefer individual information, you can inform them individually.

I'm sure with this information a lot of people will feel more secure and reassured that a plan is in place.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: repentance on September 11, 2012, 11:13:12 AM


Awesome work for "Low Risk Deposits with Guaranteed Pay". You've done exactly what I wanted to avoid, and what you always denied: "no BST exposure".

I had no exposure when you asked me.

And you didn't think it was important to notify your lenders when that changed?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: BadBear on September 11, 2012, 02:17:47 PM
Nckrazze has been given a scammer tag, proof and reasoning here https://bitcointalk.org/index.php?topic=108756.0


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 11, 2012, 09:05:12 PM
I will pay out the 200 coins that I received from the liquidation of the mining hardware at the next payout. I will do my best to make up the sum to pay everyone back.

Are you 15 like hashking ?

I'm 9.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on September 11, 2012, 09:27:56 PM
We're waiting then.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on September 12, 2012, 03:37:06 PM
I will pay out the 200 coins that I received from the liquidation of the mining hardware at the next payout. I will do my best to make up the sum to pay everyone back.
Is the payout going to be proportional?

If you have more mining hardware, I'll be interested in getting them in place of my deposit.
Good to hear you will do your best to pay everyone back.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 12, 2012, 10:43:56 PM
I will pay out the 200 coins that I received from the liquidation of the mining hardware at the next payout. I will do my best to make up the sum to pay everyone back.
Is the payout going to be proportional?

If you have more mining hardware, I'll be interested in getting them in place of my deposit.
Good to hear you will do your best to pay everyone back.


All hardware has been sold for the first payout. And yes, proportionally.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on September 14, 2012, 03:50:43 AM
Would you post some numbers as to how much we should be expecting and when?
Thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on September 14, 2012, 08:54:27 AM
Would you post some numbers as to how much we should be expecting and when?
Thanks.

+1


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on September 17, 2012, 03:23:27 AM
so you guys just gonna let Nick walk away with your BTC's ?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 17, 2012, 05:29:54 AM
so you guys just gonna let Nick walk away with your BTC's ?


Still here bud.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on September 17, 2012, 07:56:50 AM
Would you post some numbers as to how much we should be expecting and when?
Thanks.

Hey Nick, any progress / comment on the question from chungenhung?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 17, 2012, 12:53:49 PM
Would you post some numbers as to how much we should be expecting and when?
Thanks.

Hey Nick, any progress / comment on the question from chungenhung?

Working on it.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on September 18, 2012, 02:03:07 PM
It's long past 9/10.
please tell us you have a solid plan in place.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on September 24, 2012, 02:47:15 PM
Any danger we might get some info soon?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on September 30, 2012, 05:59:22 PM
nckrazze, when we gonna have any info about payouts?!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on September 30, 2012, 08:51:35 PM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: PatrickHarnett on September 30, 2012, 08:59:44 PM
I can confirm receipt of my pro-rata share.  Thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on September 30, 2012, 10:48:08 PM
Received today, 2 hours ago.
That's 1.09% of your debt. It's even less than interest rate was.
When will you payout rest of the money?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on October 01, 2012, 05:38:20 AM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.
Pro-rata payment received, thank you for keeping us informed.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 01, 2012, 02:47:52 PM
got a few coins. thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: bigbox on October 01, 2012, 05:42:08 PM
I also received my pro rata payment. Thanks Nckrazze. Keep working.  :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 02, 2012, 02:51:57 PM
come on nick, distribute the other 432btc you have in your 'public' wallet.
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

I like how you used another wallet to send the 'payments' to people =)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on October 02, 2012, 03:19:31 PM
I recieved 2.19 BTC which is assuming you owe me 200. I opened an compounding interest account in june so I never ever received any interest since then. I was at least expecting you'd use the balance I had when you stopped your service.

In any case, thanks for the payment and I hope things are going along. I lost pretty much all my coins and bitcoin will be over for me like this, because I trusted that at least those with you would not be exposed to pirate.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 02, 2012, 10:37:41 PM
come on nick, distribute the other 432btc you have in your 'public' wallet.
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

I like how you used another wallet to send the 'payments' to people =)

Funny thing is I do not have 432 BTC there, im empty. And I used multiple wallets to distribute the coins.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 02, 2012, 11:40:00 PM
ah ok
so blockchain.info is incorrect ?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nimda on October 03, 2012, 12:11:41 AM
come on nick, distribute the other 432btc you have in your 'public' wallet.
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

I like how you used another wallet to send the 'payments' to people =)

Funny thing is I do not have 432 BTC there, im empty. And I used multiple wallets to distribute the coins.
ROFL

Maybe re-download the blockchain ::)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 03, 2012, 08:38:13 AM
https://bitcointalk.org/index.php?topic=96163.msg1241408#msg1241408


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on October 05, 2012, 02:04:23 PM
So let me get this straight:

There are clearly a considerable amount of bitcoins in the wallet that your investors paid into:
432.2722932 BTC
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

And yet you are claiming that you're "empty".

Please explain who now has ownership of these funds and address.
Please explain why those funds are not being distributed to your investors.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 06, 2012, 06:10:19 AM
So let me get this straight:

There are clearly a considerable amount of bitcoins in the wallet that your investors paid into:
432.2722932 BTC
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

And yet you are claiming that you're "empty".

Please explain who now has ownership of these funds and address.
Please explain why those funds are not being distributed to your investors.

Incorrect, my current balance is 2.2722932. I do not know why the balance is inaccurate there.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on October 06, 2012, 07:52:02 AM
Incorrect, my current balance is 2.2722932. I do not know why the balance is inaccurate there.

So exactly 430 coins are missing? Do you have the transaction? It's not visible through blockchain.info or blockexplorer.com.

I suggest you pull your private key and send the balance to a new address through blockchain.info. And then hopefully to the depositors. ;)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nimda on October 06, 2012, 02:09:39 PM
So let me get this straight:

There are clearly a considerable amount of bitcoins in the wallet that your investors paid into:
432.2722932 BTC
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL

And yet you are claiming that you're "empty".

Please explain who now has ownership of these funds and address.
Please explain why those funds are not being distributed to your investors.

Incorrect, my current balance is 2.2722932. I do not know why the balance is inaccurate there.
Again, re-download the blockchain. It's much more likely that your client is faulty than both blockchain.info and blockexplorer.com (http://blockexplorer.com/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL) are.

Try exporting the private key and importing it into MultiBit, Electrum, or the Blockchain.info My Wallet. If you really believe that you only have 2.27 BTC on that address, I'll buy the private key for 5 BTC.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on October 06, 2012, 02:16:51 PM

Try exporting the private key and importing it into MultiBit, Electrum, or the Blockchain.info My Wallet. If you really believe that you only have 2.27 BTC on that address, I'll buy the private key for 5 BTC.

Make sure he sends you the private key before you send the 5 BTC.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nimda on October 06, 2012, 05:18:21 PM

Try exporting the private key and importing it into MultiBit, Electrum, or the Blockchain.info My Wallet. If you really believe that you only have 2.27 BTC on that address, I'll buy the private key for 5 BTC.

Make sure he sends you the private key before you send the 5 BTC.
That's the plan


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: likuidxd on October 06, 2012, 07:18:05 PM
I was just pointed here. Haven't read any previous posts but I know the what has happened.

Has NCKRAZZE payed down debt at all? Have payments stopped?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 06, 2012, 08:47:24 PM
I was just pointed here. Haven't read any previous posts but I know the what has happened.

Has NCKRAZZE payed down debt at all? Have payments stopped?

I have made a payment of 200 BTC so far. I am working to make payments every month until I have paid back everyone's principals.

As for the blockchain issue, I just redownloaded the blockchain and I still have 2.2722 BTC


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nimda on October 06, 2012, 10:14:12 PM
I was just pointed here. Haven't read any previous posts but I know the what has happened.

Has NCKRAZZE payed down debt at all? Have payments stopped?

I have made a payment of 200 BTC so far. I am working to make payments every month until I have paid back everyone's principals.

As for the blockchain issue, I just redownloaded the blockchain and I still have 2.2722 BTC
In that case, please send me the private key. Once I make a payment from your address, I'll send you 5 BTC.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on October 06, 2012, 11:27:47 PM
In that case, please send me the private key. Once I make a payment from your address, I'll send you 5 BTC.

Well, since it's the depositors' money, the legitimacy of that transfer of ownership is questionable. It would be more fair to do it for a fee. I'll do it for a 1 BTC fee.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 07, 2012, 12:36:32 AM
I was just pointed here. Haven't read any previous posts but I know the what has happened.

Has NCKRAZZE payed down debt at all? Have payments stopped?

I have made a payment of 200 BTC so far. I am working to make payments every month until I have paid back everyone's principals.

As for the blockchain issue, I just redownloaded the blockchain and I still have 2.2722 BTC

Try using an alternate client like Armory and import the private key
5,000 USD should be worth the effort shouldn't it?

Please provide more information.
That you would make monthly payments is news to me.

In what range will the expected payments be?
Are we talking about 10 or 100 or 1000 BTC per month?

Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 07, 2012, 01:08:45 AM
Why dont you sell the golf ?
they are pretty expensive cars arent they ?

curious when you bought it and who's money it was with


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: crazyates on October 07, 2012, 04:07:45 AM
I just got this from a forum member, who I have decided shall remained unnamed:

Quote
Hey,

i saw that you have done business with NCKRAZZE.
He scammed us for about 14 thousand bitcoins.
I'd appreciate it if you are able to add information about him on his lending thread.
https://bitcointalk.org/index.php?topic=81927.0

We are pretty sure that he lives in or near Northridge (L.A. Area).

Kind regards

The 5850 was shipped on Tuesday, and should be recieved today or tomorrow.

The 5830 has been posted here: http://www.ebay.com/itm/251071350009
48 hours remaining!

alright.

Holy crap! Talk about digging through some 5 month old threads! I did in fact sell Nckrazze a 5850 in May of 2012. I still have the address I shipped the card to on file, and while I will confirm it is in Northridge, CA, I've decided to not release the specific address. It looks like he is still making (some) payments, at least for the time being. If any forum members can confirm that this changes, I have no problem posting it in this thread. Until then, Good Luck, and I hope you all get repaid soon.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on October 07, 2012, 02:00:43 PM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.

I haven't received anything on that day. Double check it please.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 07, 2012, 08:09:24 PM
Why dont you sell the golf ?
they are pretty expensive cars arent they ?

curious when you bought it and who's money it was with

Haha funny. I do not own a car. That's one ugly car either way:P


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 07, 2012, 08:12:47 PM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.

I haven't received anything on that day. Double check it please.

Please message me.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on October 07, 2012, 09:24:43 PM
Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.

If your repayment strategy is based on fiat, then would you consider giving your depositors the option to convert their debt into fiat (preferably EUR or USD)? I mentioned it in hashking's thread (https://bitcointalk.org/index.php?topic=66802.msg1241586#msg1241586) but apparently no one likes that solution. According to that scheme, fiat based payments are faster (with regards to total fiat debt) if the value of BTC exchange rate increases, and slower if it decreases, so there is an incentive to convert for the lenders and borrower if they predict an increased exchange rate. If your prediction is undecided, best thing would be to convert half of the debt.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on October 07, 2012, 10:23:48 PM
10 BTC would be 1,800 months or 150 years
100 BTC would be 180 months or 15 years

Get yourself a lawyer and claim those BTC back!

That's a mess no one wants to get in, and is more likely to happen as an ethical obligation rather than to get money back. So I think everyone will wait to see if enough effort is being made or at least the pirate dust settles.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on October 07, 2012, 10:30:45 PM
At some point you guys will figure out that it's a waste of time to keep calling him out on his minor mendacities and that he has no intention of paying anything significant back. Don't waste your time trying to catch him in any of his numerous lies. It's not like he's going to say, "Oh gosh. You caught me. I really do live in California and drive a hopped up VW Golf I guess I will just pay out the 400 BTC that you already know about that's sitting in my wallet." You're going to have to figure out how to credibly threaten real world consequences. Given the track record of the other scam victims around here, my guess is that Nick is going to skate.

Yet another question is how much of the money he scammed remains, and how much he lost to Pirate. I can tell you that a few weeks before his scam collapsed, he was on bitcoin-otc looking for someone to buy a US$90 item for him to be paid back the next day in bitcoins. Conclusion: at the time he did not have 9 bitcoins immediately available (with Pirate?) and he did not have a credit card that would allow a $90 purchase. So there's a good chance that you're trying to get blood from a stone.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on October 07, 2012, 11:01:52 PM
I would appreciate it to see more effort.

So far selling his whole mining operation only got us 200 BTC.
Where is the effort to pay out the 430 BTC, that vanished.

Why do you say it vanished?   It's there as plain as day, he just doesn't want to pay it.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: dust on October 08, 2012, 02:02:06 AM
Why dont you sell the golf ?
they are pretty expensive cars arent they ?

curious when you bought it and who's money it was with

Haha funny. I do not own a car. That's one ugly car either way:P
Nice lie.

I have no involvement in this scam but feel like nckrazze deserves to get called out on the car.  He has failed miserably at covering his tracks.

[Sept. 10, 2012] Nckrazze trying to get the admins on a Golf forum to delete his profile (unsuccessfully):http://www.golfmk6.com/forums/showthread.php?t=45332 (http://www.golfmk6.com/forums/showthread.php?t=45332)

[Sept. 2, 2012] Nckrazze editing all of his posts replacing them with smilies: http://www.golfmk6.com/forums/search.php?searchid=3976403 (http://www.golfmk6.com/forums/search.php?searchid=3976403)

Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on October 08, 2012, 03:08:47 AM
Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)

This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...

Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.

"Work in my country" LOL. And what country might that be?

Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 08, 2012, 06:28:35 AM
Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)

This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...

Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.

"Work in my country" LOL. And what country might that be?

Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.

Actually Norway my friend. Have fun looking for "me" in that car, but I am trying my best to make all my payments as promised. As I said this needs time and I would appreciate if everyone could help me by waiting. I am trying my best and have another payment that will be sooner than next month.

I do not appreciate any threats no matter who they are directed to. If you are looking for me in Northridge, CA, good luck because that is not where I am located. No matter where I am, or how I will raise the funds to pay everyone back, everyone will get their principals back. And for the record, around 8k BTC with BTCMAX.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 08, 2012, 06:32:54 AM
At some point you guys will figure out that it's a waste of time to keep calling him out on his minor mendacities and that he has no intention of paying anything significant back. Don't waste your time trying to catch him in any of his numerous lies. It's not like he's going to say, "Oh gosh. You caught me. I really do live in California and drive a hopped up VW Golf I guess I will just pay out the 400 BTC that you already know about that's sitting in my wallet." You're going to have to figure out how to credibly threaten real world consequences. Given the track record of the other scam victims around here, my guess is that Nick is going to skate.

Yet another question is how much of the money he scammed remains, and how much he lost to Pirate. I can tell you that a few weeks before his scam collapsed, he was on bitcoin-otc looking for someone to buy a US$90 item for him to be paid back the next day in bitcoins. Conclusion: at the time he did not have 9 bitcoins immediately available (with Pirate?) and he did not have a credit card that would allow a $90 purchase. So there's a good chance that you're trying to get blood from a stone.

No "skating" here. What I find ridiculous is this identity that's been created. I will be paying every cent back. I am wondering at this point whether or not I should convert to fiat currency or not.

Also, about this supposed 400 BTC, how can recover it because I am only receiving threats and hate. If someone knows how to do this I will be more than happy to send those coins if they can be retrieved. Please message me.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: dust on October 08, 2012, 08:26:32 AM
Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)

This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...

Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.

"Work in my country" LOL. And what country might that be?

Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.

Actually Norway my friend. Have fun looking for "me" in that car, but I am trying my best to make all my payments as promised. As I said this needs time and I would appreciate if everyone could help me by waiting. I am trying my best and have another payment that will be sooner than next month.

I do not appreciate any threats no matter who they are directed to. If you are looking for me in Northridge, CA, good luck because that is not where I am located. No matter where I am, or how I will raise the funds to pay everyone back, everyone will get their principals back. And for the record, around 8k BTC with BTCMAX.
If you are in Norway, why does your facebook cover photo have two Golf GTIs with California plates, and your profile picture have an American exit sign in it?

Are you claiming that there is someone else who uses the username "nckrazze" and just coincidentally decided to erase his posts and attempt to delete his account on a car forum around the same time as your scam collapsed?

BTW: The unemployment rate in Norway is currently only 3.1%


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 08, 2012, 09:10:49 AM
^^ dont forget the "fake" nckrazze also became friends with rusty on steam... oh and the fake nick used to go on IRC with IP from California



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on October 08, 2012, 12:49:33 PM
The money from the sale of a 2012 Golf GTI would advance the debt repayment a little bit...


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 08, 2012, 01:40:17 PM
Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)

This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...

Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.

"Work in my country" LOL. And what country might that be?

Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.

Actually Norway my friend. Have fun looking for "me" in that car, but I am trying my best to make all my payments as promised. As I said this needs time and I would appreciate if everyone could help me by waiting. I am trying my best and have another payment that will be sooner than next month.

I do not appreciate any threats no matter who they are directed to. If you are looking for me in Northridge, CA, good luck because that is not where I am located. No matter where I am, or how I will raise the funds to pay everyone back, everyone will get their principals back. And for the record, around 8k BTC with BTCMAX.
If you are in Norway, why does your facebook cover photo have two Golf GTIs with California plates, and your profile picture have an American exit sign in it?

Are you claiming that there is someone else who uses the username "nckrazze" and just coincidentally decided to erase his posts and attempt to delete his account on a car forum around the same time as your scam collapsed?

BTW: The unemployment rate in Norway is currently only 3.1%

I do not want my downfall to be reflected on another person and believe that I should be the only person responsible for my actions.

I am not stating this was a coincidence, I decided to use this as a cover up in case there was any problem down the line. However, I do not feel comfortable having people looking for a stranger that had nothing to do with this operation. As for "me" closing the car account, can you message me the link.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 08, 2012, 02:48:18 PM
^^^ http://www.golfmk6.com/forums/showthread.php?t=45332

the post has been deleted now.. but the 'person' was asking for his account to be deleted.

In regards to the 432btc.. why dont you send the wallet to someone and they can retrieve it for you.... for someone who used to mine... very odd you aren't able to comprehend how btc transactions work (and  the info from blockchain.info)

200 in
200 in
200 in
32 in
200 out

thus leaving a grand total of 432.

*edit* also how come on july 29th ( i think it was) you were "selling BTC below market rate".. you closed up shop 2 weeks later.
seems legit.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: crazyates on October 08, 2012, 02:53:43 PM
I can see why everyone is so pissy. Smelly like shit in here.

Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)
This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...
Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.
"Work in my country" LOL. And what country might that be?

Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.
Actually Norway my friend. Have fun looking for "me" in that car, but I am trying my best to make all my payments as promised. As I said this needs time and I would appreciate if everyone could help me by waiting. I am trying my best and have another payment that will be sooner than next month.

I do not appreciate any threats no matter who they are directed to. If you are looking for me in Northridge, CA, good luck because that is not where I am located. No matter where I am, or how I will raise the funds to pay everyone back, everyone will get their principals back. And for the record, around 8k BTC with BTCMAX.
If you are in Norway, why does your facebook cover photo have two Golf GTIs with California plates, and your profile picture have an American exit sign in it?

Are you claiming that there is someone else who uses the username "nckrazze" and just coincidentally decided to erase his posts and attempt to delete his account on a car forum around the same time as your scam collapsed?

BTW: The unemployment rate in Norway is currently only 3.1%

I do not want my downfall to be reflected on another person and believe that I should be the only person responsible for my actions.

I am not stating this was a coincidence, I decided to use this as a cover up in case there was any problem down the line. However, I do not feel comfortable having people looking for a stranger that had nothing to do with this operation. As for "me" closing the car account, can you message me the link.

If you're in Norway, answer me why I mailed you a GPU to this address:

Alright Great! I have a bunch of rep here, check out my rep page in the sig and you don't have much. I would appreciate if you could ship first and I can pay right when I get it. If I fail to pay within 24 hours of arrival, I will pay you1.25x how much I owe you, for every 24 hours I am late.

If this works, please message me back with shipping confirmation.

Ship to:
Nick K
9535 Reseda Blvd. suite 201
Northridge, CA 91324

Thanks,
If you have any questions or concerns please message me.

I didn't find it, but someone else (trying to fill me in on all of this) sent me a link to this facebook (https://www.facebook.com/nick.kureghian). I can't tell if the two are related beyond living in CA, but I"m sure someone can find out.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 08, 2012, 02:59:13 PM
http://wwwBTCthemasterpiecesmilesBTCcom/

Naira Kur**** <--- edited so atleast this person wont show up in google for the shit you've pulled. but yeah the surname matches the facebook page...

Dentist - Northridge
9535 Reseda Blvd Suite 201
Northridge, CA 91324
(818) 701-6197


Just to confirm again, I lost nothing to Nick... so I wont be getting involved. but perhaps a phone call to Mummy (or whoever that is) might help/



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: crazyates on October 08, 2012, 03:09:18 PM
http://www.themasterpiecesmiles.com/

Naira Kur****

Dentist - Northridge
9535 Reseda Blvd Suite 201
Northridge, CA 91324
(818) 701-6197

Just to confirm again, I lost nothing to Nick... so I wont be getting involved. but perhaps a phone call to Mummy (or whoever that is) might help/
So the FB dude shares a last name with this dentist, who has the same address I mailed my card to. Sounds like we have a winner.
Note: I've also lost nothing to Nick. I've only had the one dealing with him back in May/June, which was a pretty smooth transaction. I hope this all fares well for the rest of you as well.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 08, 2012, 03:13:38 PM
crazy can you edit your post of my quote and put the ***'s in please.
and dont forget the facebook 'guy' has a golf.. and this 'nckrazze' who franticly deleted his posts also has a golf.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on October 08, 2012, 03:22:47 PM
Hey Nick, please confirm my new withdrawal/payment address that I sent via PM. Thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on October 08, 2012, 04:03:34 PM
One of you should do a big post where you quote Nick's most recent posts ("I live in Finland." "I don't have a car." etc.) before before he disappears them.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 08, 2012, 10:35:31 PM
I can see why everyone is so pissy. Smelly like shit in here.

Nckrazze's 2012 GTI on a fuel economy tracking site: http://www.fuelly.com/car/volkswagen/gti/2012/all (http://www.fuelly.com/car/volkswagen/gti/2012/all)
This is a better link: http://www.fuelly.com/driver/nckrazze

2012 model year? Bought in July? Depending on how much he lost to Pirate, Nick either continues to snort blow off of hookers' tits on the leather bucket seats of his new ride or he's hiding from the repo man right about now.


And this...
Somewhere from 10-100BTC per month. Work in my country is very difficult to find nowadays, and therefore I do not have a reliable job at the moment.
"Work in my country" LOL. And what country might that be?


Anyways, I repeat...any of you that lost money to him should make a decision now if there's anything you can and are willing to do about it, or if you just want to eat the loss. He's more concerned with distracting you guys with tall tales than returning any stolen funds.
Actually Norway my friend. Have fun looking for "me" in that car, but I am trying my best to make all my payments as promised. As I said this needs time and I would appreciate if everyone could help me by waiting. I am trying my best and have another payment that will be sooner than next month.

I do not appreciate any threats no matter who they are directed to. If you are looking for me in Northridge, CA, good luck because that is not where I am located. No matter where I am, or how I will raise the funds to pay everyone back, everyone will get their principals back. And for the record, around 8k BTC with BTCMAX.
If you are in Norway, why does your facebook cover photo have two Golf GTIs with California plates, and your profile picture have an American exit sign in it?

Are you claiming that there is someone else who uses the username "nckrazze" and just coincidentally decided to erase his posts and attempt to delete his account on a car forum around the same time as your scam collapsed?

BTW: The unemployment rate in Norway is currently only 3.1%

I do not want my downfall to be reflected on another person and believe that I should be the only person responsible for my actions.

I am not stating this was a coincidence, I decided to use this as a cover up in case there was any problem down the line. However, I do not feel comfortable having people looking for a stranger that had nothing to do with this operation. As for "me" closing the car account, can you message me the link.

If you're in Norway, answer me why I mailed you a GPU to this address:

Alright Great! I have a bunch of rep here, check out my rep page in the sig and you don't have much. I would appreciate if you could ship first and I can pay right when I get it. If I fail to pay within 24 hours of arrival, I will pay you1.25x how much I owe you, for every 24 hours I am late.

If this works, please message me back with shipping confirmation.

Ship to:
Nick K
9535 Reseda Blvd. suite 201
Northridge, CA 91324

Thanks,
If you have any questions or concerns please message me.

I didn't find it, but someone else (trying to fill me in on all of this) sent me a link to this facebook (https://www.facebook.com/nick.kureghian). I can't tell if the two are related beyond living in CA, but I"m sure someone can find out.

Drop shipped, actually. Able to retrieve the coins, and will be sending this coming Sunday. I'd appreciate if all harassment was stopped until that payment, and if I do not pay out as I said I would, you may attempt to harass "my family" and continue this nonsense. However, if I do payout, I'd appreciate this false information to be removed from here unless I do not proceed with the terms I specified.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 08, 2012, 10:39:13 PM
Also, would it be acceptable to change amount due into fiat currency, preferably USD?

I was thinking 10$ would be a fair amount, and this would really speed up the repayment process which would benefit us all.

Please let me know.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nimda on October 09, 2012, 01:42:35 AM
Do you still not have those 400 BTC? I can retrieve them from the private key for a small fee of 15 BTC, which will be deducted from the ~400 sitting there. This seems to make much more financial sense to you; you'll have many more than 2.23 BTC once you send me the private key.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 09, 2012, 01:46:07 AM
Do you still not have those 400 BTC? I can retrieve them from the private key for a small fee of 15 BTC, which will be deducted from the ~400 sitting there. This seems to make much more financial sense to you; you'll have many more than 2.23 BTC once you send me the private key.

I got them with the help of a fellow user. Thanks for your help!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on October 09, 2012, 04:31:02 AM
Do you still not have those 400 BTC? I can retrieve them from the private key for a small fee of 15 BTC, which will be deducted from the ~400 sitting there. This seems to make much more financial sense to you; you'll have many more than 2.23 BTC once you send me the private key.

I got them with the help of a fellow user. Thanks for your help!

Sounds great. Now we are waiting for payments  ;D


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on October 09, 2012, 08:12:28 AM
Also, would it be acceptable to change amount due into fiat currency, preferably USD?

I was thinking 10$ would be a fair amount, and this would really speed up the repayment process which would benefit us all.

Please let me know.

Let's not forget that the debt is in BTC though. My suggestion was equivalent to loaning you fiat now for you to pay my BTC back. It's not identical, because I'm buying the BTC myself instead of sending the fiat to you, but the effect is the same. This won't work if the conversion isn't made exactly at the market price. Actually you would need to pay for the spread.

Also, this might bite you in the ass if you have BTC based income and the BTC/USD exchange rate decreases. If all your income is mining and fiat-indexed trade, this shouldn't matter.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on October 09, 2012, 03:37:34 PM
Drop shipped, actually. Able to retrieve the coins, and will be sending this coming Sunday. I'd appreciate if all harassment was stopped until that payment, and if I do not pay out as I said I would, you may attempt to harass "my family" and continue this nonsense. However, if I do payout, I'd appreciate this false information to be removed from here unless I do not proceed with the terms I specified.

How much are you distributing on Sunday then?
Any principals still outstanding after Sunday, what's the plan to repay them?

I think you're just trying to do a lot more to your investors than "lying about investment risk". Glad you're finally deciding to pay some money back!



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on October 09, 2012, 07:48:13 PM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.

I haven't received anything on that day. Double check it please.

Please message me.

Message sent but no answer. Please check your inbox.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 09, 2012, 09:29:38 PM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.

I haven't received anything on that day. Double check it please.

Please message me.
I haven't received anything on that day neither.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 10, 2012, 01:43:20 AM
First payment of 200 coins has been sent as planned. I equally distributed the coins so everyone got a payment based on their principal. The total coins with me was 18200, so 200 of that 18200 has been equally distributed. Please confirm.

I haven't received anything on that day. Double check it please.

Please message me.

Message sent but no answer. Please check your inbox.

I will correct all faults this coming sunday.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 10, 2012, 01:46:26 AM
Drop shipped, actually. Able to retrieve the coins, and will be sending this coming Sunday. I'd appreciate if all harassment was stopped until that payment, and if I do not pay out as I said I would, you may attempt to harass "my family" and continue this nonsense. However, if I do payout, I'd appreciate this false information to be removed from here unless I do not proceed with the terms I specified.

How much are you distributing on Sunday then?
Any principals still outstanding after Sunday, what's the plan to repay them?

I think you're just trying to do a lot more to your investors than "lying about investment risk". Glad you're finally deciding to pay some money back!



400+ Coins.
All principals will be outstanding because my debt is 18k coins and everything is being paid proportionally. I will  be transferring all fiat I earn from my occupation to Bitcoins and paying it out monthly.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 10, 2012, 08:51:16 AM
if you owe 18 and gave 8 to pirate where is the other 10k ?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on October 10, 2012, 09:51:20 AM
if you owe 18 and gave 8 to pirate where is the other 10k ?

Golf GTI and fuel... ::)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 11, 2012, 04:38:43 AM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 11, 2012, 03:54:13 PM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
We know that. You still didn't answer where is the other 10k.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on October 11, 2012, 04:01:08 PM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
We know that. You still didn't answer where is the other 10k.

Part of those 10k is now a 2012 Golf GTI.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 11, 2012, 04:54:21 PM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
We know that. You still didn't answer where is the other 10k.

No 18k total with pirate, 8k with bitcoinmax, 10k direct.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 11, 2012, 04:56:55 PM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
We know that. You still didn't answer where is the other 10k.

Part of those 10k is now a 2012 Golf GTI.

If this was a real heist I would be driving a supercar my friend, think porsches/ferraris. No money from depositors has been spent on a car, personal luxury, etc. All the coins are still with pirate. Think what you want, but I don't drive a car, nonetheless a golf


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on October 11, 2012, 05:25:36 PM
When you will distribute those 400 BTC?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 11, 2012, 05:35:30 PM
When you will distribute those 400 BTC?


Drop shipped, actually. Able to retrieve the coins, and will be sending this coming Sunday. I'd appreciate if all harassment was stopped until that payment, and if I do not pay out as I said I would, you may attempt to harass "my family" and continue this nonsense. However, if I do payout, I'd appreciate this false information to be removed from here unless I do not proceed with the terms I specified.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 12, 2012, 12:30:57 AM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
Wow.... that vastly contradicts what you said in OP
"Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE"


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 12, 2012, 12:31:29 AM
Due to the recent controversy surrounding pirateat40's departure from the Bitcoin investments scheme after he announced the end of his operation, Bitcoin Savings and Trust, I have decided to end the depositing service, "NCKRAZZE's Deposits". I have developed many close friendships with many of the clients I have had to deal with, and it is truly difficult for me to leave the program behind. I personally felt that the service was expanding very quickly and had potential to be a large, ongoing project. However, following pirate's resignation, I received many requests from clients who wished to withdraw all of their coins from my service. The deposits that are made into my service are not eligible for early withdrawals because I offer 4/10/20 week terms, however the requests I received influenced me to make the decision to return all original deposits to their rightful owners. I have a few new depositors that I did not get to work with for as long as I wish I could have, and for this I apologize.

Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE. In addition to this, I have a large amount of coins that were deposited this past week by two new depositors. About 50% of these coins are liquid and in my possession. That said, the 35% reserve is still intact and will be used  to pay back the depositors. Though I have a great deal of personal savings that are invested with pirate, none of the coins deposited to NCKRAZZE's Deposits were used to deposit into BTCST. This said, since pirate's scheme has come to an end and I plan on having a stable source of income from the bitcoin market, I plan on having the mining operation continue to generate coins as I also wish for my investments with other lenders (those that are still continuing their depositing services) as well as my bonds on GLBSE to remain in my possession. By this I mean that I would like to keep these going as personal investments. However, I will liquidate mining hardware and I will also withdraw coins from lenders/sell bonds if needed to fund all of the deposit returns. In fact, my main priority is to liquidate about 15% of the mining operation in order to fund the returns.

With 15% of the mining operation coming from USD to BTC, as well as the coins that are currently in my possession (35% reserve and the recent deposits), I still have a great deal of bitcoins to return. I plan on using my personal funds that were invested with pirate to cover the rest of the coins that will be returned to their owners. I expect pirate to return the funds this week as he stated in his post (8/20/2012-8/27/2012). With coins coming from all of these different sources to fund all of the returns, I will need close to 10 days to be able to return all funds. In the case that pirate is unable to payout, which is highly unlikely, I will be forced to sell all of my assets to fund the returns. This will require the liquidation of all of my mining hardware and will require a larger time frame.

Maybe in the future when the community settles there may be another opportunity...

Thanks for all of the support,
Nick


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 12, 2012, 01:40:28 AM
if you owe 18 and gave 8 to pirate where is the other 10k ?

18k in total. 8k with bitcoinmax.
Wow.... that vastly contradicts what you said in OP
"Though a large portion of the deposits I received were used to support a large mining operation, I do have many coins that were invested with several other lenders on the forum and many others that were used to buy bonds on GLBSE"

All my coins were with pirate after I sold all assets. I don't see where I've contradicted anything.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 12, 2012, 10:09:25 AM
lol


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 14, 2012, 09:07:06 PM
When you will distribute those 400 BTC?


Drop shipped, actually. Able to retrieve the coins, and will be sending this coming Sunday. I'd appreciate if all harassment was stopped until that payment, and if I do not pay out as I said I would, you may attempt to harass "my family" and continue this nonsense. However, if I do payout, I'd appreciate this false information to be removed from here unless I do not proceed with the terms I specified.
It is Sunday.
So far, I don't see any coins.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 15, 2012, 04:12:45 AM
Repaying in fiat at a rate of 10 USD per coin owed, this recent payment was 2.805% of the whole debt. This was an unscheduled payment; the next payment will be the 28th.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: dust on October 15, 2012, 05:39:50 AM
Repaying in fiat at a rate of 10 USD per coin owed, this recent payment was 2.805% of the whole debt. This was an unscheduled payment; the next payment will be the 28th.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.
10 USD per coin?  You just knocked $30k USD off your 18k BTC debt.  That's enough to buy another Golf GTI + mods.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on October 15, 2012, 02:46:38 PM
Repaying in fiat at a rate of 10 USD per coin owed, this recent payment was 2.805% of the whole debt. This was an unscheduled payment; the next payment will be the 28th.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.
10 USD per coin?  You just knocked $30k USD off your 18k BTC debt.  That's enough to buy another Golf GTI + mods.
It's a great job if you can get it  ::)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 15, 2012, 03:03:51 PM
Repaying in fiat at a rate of 10 USD per coin owed, this recent payment was 2.805% of the whole debt. This was an unscheduled payment; the next payment will be the 28th.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.
1. You said repaying will be in fiat. I received no fiat. You can't repay it using BTC, but then use YOUR own exchange rate for it.
2. If BTC falls to $1 a piece, you will still be paying loans back based on $10 a piece? I bet you would more than likely switch back and say you will be repaying in BTC when that happens.
3. How big will be the next payment?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on October 15, 2012, 07:40:42 PM
Quick question:
I took the liberty of quickly checking blockchain.org - just a quick peek...

So the investment address (111mamKazi1ofZ854rKTcAxhTVuGDPhhL) had ~430BTC in it before Sunday. Still can't believe that you were trying to keep that, Nick!
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL (http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL)

On Sunday, 14th October, almost all the funds form that investment address get transferred to one other address:
18KhyaJWe7aYqeL48FQmvPTFJzBt6VUPiW 432 BTC
And that money is still sitting in that wallet.

Care to elaborate, Nick?
What's that address our money went to?

My transaction seemed to come from 17jynkLbZCtSEPXUkgFJsa2TjfAzPViq1K and/or 19pvHWwpdqgfs8Q1D3y7JaAn7H8DhuAH1V... Both empty now.

Can you please explain the details of the transaction? How did the money get paid out?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 15, 2012, 10:43:49 PM
Quick question:
I took the liberty of quickly checking blockchain.org - just a quick peek...

So the investment address (111mamKazi1ofZ854rKTcAxhTVuGDPhhL) had ~430BTC in it before Sunday. Still can't believe that you were trying to keep that, Nick!
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL (http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL)

On Sunday, 14th October, almost all the funds form that investment address get transferred to one other address:
18KhyaJWe7aYqeL48FQmvPTFJzBt6VUPiW 432 BTC
And that money is still sitting in that wallet.

Care to elaborate, Nick?
What's that address our money went to?

My transaction seemed to come from 17jynkLbZCtSEPXUkgFJsa2TjfAzPViq1K and/or 19pvHWwpdqgfs8Q1D3y7JaAn7H8DhuAH1V... Both empty now.

Can you please explain the details of the transaction? How did the money get paid out?

I used an exchange so that I did not have to pay the transaction fee or have to enter my password for each transaction.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 15, 2012, 10:45:40 PM
Repaying in fiat at a rate of 10 USD per coin owed, this recent payment was 2.805% of the whole debt. This was an unscheduled payment; the next payment will be the 28th.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.
1. You said repaying will be in fiat. I received no fiat. You can't repay it using BTC, but then use YOUR own exchange rate for it.
2. If BTC falls to $1 a piece, you will still be paying loans back based on $10 a piece? I bet you would more than likely switch back and say you will be repaying in BTC when that happens.
3. How big will be the next payment?


You had no problem with this idea when I proposed it earlier. If it's that big of a problem for you, I will be paying back in BTC then, making it harder for myself and a longer process for you guys.

That means I have paid out another 2.373% with the latest payment, adding up to 3.4719 of the total.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 15, 2012, 10:47:48 PM
Repaid another 2.373%, totaling to 3.4719% of the whole amount due.

If you believe that you are still missing your first payment, or you are missing this one, please message me with your address.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Raoul Duke on October 15, 2012, 10:53:52 PM
Quick question:
I took the liberty of quickly checking blockchain.org - just a quick peek...

So the investment address (111mamKazi1ofZ854rKTcAxhTVuGDPhhL) had ~430BTC in it before Sunday. Still can't believe that you were trying to keep that, Nick!
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL (http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL)

On Sunday, 14th October, almost all the funds form that investment address get transferred to one other address:
18KhyaJWe7aYqeL48FQmvPTFJzBt6VUPiW 432 BTC
And that money is still sitting in that wallet.

Care to elaborate, Nick?
What's that address our money went to?

My transaction seemed to come from 17jynkLbZCtSEPXUkgFJsa2TjfAzPViq1K and/or 19pvHWwpdqgfs8Q1D3y7JaAn7H8DhuAH1V... Both empty now.

Can you please explain the details of the transaction? How did the money get paid out?

I used an exchange so that I did not have to pay the transaction fee or have to enter my password for each transaction.

One word: sendmany.
Can be used with bitcoind OR Bitcoin-Qt...
What the fuck are you? A bitcoin noob?

You don't owe me any money, but the way you try to make a fool out of everyone you owe is disgusting, to say the least.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on October 16, 2012, 07:16:52 AM
yip its the same when he transfered the "200btc"
100 is transferred from his wallet to this address.. and money is still just sitting there.. 2 weeks later..
http://blockchain.info/address/14QZB6yt8y3b4z6wLGtgRQLn9jKbKqhTS6


I rekon he owes ~5-8k coins and the 18k is a made up number that he uses so when he does the calculations he can pay you all less.

strange how someone who apparently had $1000's worth of mining hardware now doesn't seem to be all that familiar with anything btc related.

Quick question:
I took the liberty of quickly checking blockchain.org - just a quick peek...

So the investment address (111mamKazi1ofZ854rKTcAxhTVuGDPhhL) had ~430BTC in it before Sunday. Still can't believe that you were trying to keep that, Nick!
http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL (http://blockchain.info/address/111mamKazi1ofZ854rKTcAxhTVuGDPhhL)

On Sunday, 14th October, almost all the funds form that investment address get transferred to one other address:
18KhyaJWe7aYqeL48FQmvPTFJzBt6VUPiW 432 BTC
And that money is still sitting in that wallet.

Care to elaborate, Nick?
What's that address our money went to?

My transaction seemed to come from 17jynkLbZCtSEPXUkgFJsa2TjfAzPViq1K and/or 19pvHWwpdqgfs8Q1D3y7JaAn7H8DhuAH1V... Both empty now.

Can you please explain the details of the transaction? How did the money get paid out?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: 🏰 TradeFortress 🏰 on October 16, 2012, 11:27:03 AM
Bitcoin Credit Ratings

This thread has received a F- rating.

DO NOT TRADE.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: chungenhung on October 16, 2012, 02:47:27 PM
yip its the same when he transfered the "200btc"
100 is transferred from his wallet to this address.. and money is still just sitting there.. 2 weeks later..
http://blockchain.info/address/14QZB6yt8y3b4z6wLGtgRQLn9jKbKqhTS6

I rekon he owes ~5-8k coins and the 18k is a made up number that he uses so when he does the calculations he can pay you all less.
strange how someone who apparently had $1000's worth of mining hardware now doesn't seem to be all that familiar with anything btc related.

I suspected that. If he actually have 18k with pirate, that would put him right under INAU and hashking.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on October 16, 2012, 02:59:15 PM

I rekon he owes ~5-8k coins and the 18k is a made up number that he uses so when he does the calculations he can pay you all less.

Don't forget about the "two large investors that deposited with him just before Pirate collapsed that didn't want their usernames or deposit addresses made public." These "two large investors" made up about 50% of his total deposits.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on October 16, 2012, 04:26:27 PM
Finally I received the first and the second payment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on October 16, 2012, 11:10:16 PM
Received second payment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on October 17, 2012, 08:18:31 PM
Received second payment.

I have not received my second payment yet...


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 18, 2012, 02:56:42 AM
Received second payment.

I have not received my second payment yet...

It was sent to your old address. Future payments will go to the updated one.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on October 29, 2012, 06:30:58 AM
Sum of 38BTC proportionately sent out to all depositors.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on October 29, 2012, 06:31:15 PM
Received, thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on October 29, 2012, 11:06:50 PM
Received second payment.

I have not received my second payment yet...

It was sent to your old address. Future payments will go to the updated one.

Crap! That old address was my GLBSE address... I sent them an email about it, but haven't heard back anything :(


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on November 16, 2012, 01:04:16 AM
http://blockchain.info/tx/510d5214b098c61f0a5781e2f84b386b372fd478a96f45a03190f5ddcd74616e is the transaction where nckrazze claims he transferred 432 BTC to an exchange (ahem).

Did anyone notice the change of that transaction was next used in a 635 BTC payment?  In other words, he had at least 635 BTC at hand after that 432 transfer.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on November 16, 2012, 05:29:51 PM
I think everyone pussy'd out and are now just accepting the loss....
classic Bitcointalk style =)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on November 18, 2012, 08:51:40 AM
Sum of 38BTC proportionately sent out to all depositors.

It's late November already. When you will send next payment?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on November 18, 2012, 10:26:29 PM
I think everyone pussy'd out and are now just accepting the loss....
classic Bitcointalk style =)


Sum of 38BTC proportionately sent out to all depositors.

It's late November already. When you will send next payment?

The 25th, last sunday of the month as it has been. And no, we're still moving forward, slow but steady.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on November 19, 2012, 07:13:10 PM
Hey Nick,
You might have missed my last PM, or for some reason you didn't receive it. So far I have not received a single repayment from you. After you made the first one I contacted you about this and asked you to change the depositadress to a new one since Italië was a GLBSE adress. That went fine, but I didn't receive the next one, send you a PM, and you told me that you were looking into it,  and that you'd take care of me if I still idd not get the next payment. Can you give me an update on this? I hope you can make things right since I've entrusted  with quite a sizeable deposit.

Cheers,
Equilux.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on November 21, 2012, 01:12:49 AM
Hey Nick,
You might have missed my last PM, or for some reason you didn't receive it. So far I have not received a single repayment from you. After you made the first one I contacted you about this and asked you to change the depositadress to a new one since Italië was a GLBSE adress. That went fine, but I didn't receive the next one, send you a PM, and you told me that you were looking into it,  and that you'd take care of me if I still idd not get the next payment. Can you give me an update on this? I hope you can make things right since I've entrusted  with quite a sizeable deposit.

Cheers,
Equilux.

Send me your address in a PM again, sorry. I will take care of it.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on November 23, 2012, 05:14:40 AM
Hey Nick,
You might have missed my last PM, or for some reason you didn't receive it. So far I have not received a single repayment from you. After you made the first one I contacted you about this and asked you to change the depositadress to a new one since Italië was a GLBSE adress. That went fine, but I didn't receive the next one, send you a PM, and you told me that you were looking into it,  and that you'd take care of me if I still idd not get the next payment. Can you give me an update on this? I hope you can make things right since I've entrusted  with quite a sizeable deposit.

Cheers,
Equilux.

Send me your address in a PM again, sorry. I will take care of it.

PM send!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on November 26, 2012, 06:32:39 AM
I hope everyone in the USA had a good thanksgiving.

Payment of 33 coins has been sent, next payment will be Sunday, December 30.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on November 26, 2012, 09:45:49 AM
Received.
You still owe hundreds of BTC. What are you planning to speed up repayment process?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Buffer Overflow on November 26, 2012, 10:28:35 PM
Received.
You still owe hundreds of BTC. What are you planning to speed up repayment process?

Think yourself lucky he hasn't done a 'Hashking'.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on November 27, 2012, 05:25:34 AM
Received, and also all the payments I had missed so far! Many thanks!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: mining4fun11 on December 20, 2012, 01:42:56 PM
How many coins does this guy owe.  Its amazing the amount of coins have dissapeared. 


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: gabbergabe on December 24, 2012, 01:54:56 AM
wow with almost every thread i read here..


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on December 25, 2012, 09:29:45 AM
Payment for this month of 38 BTC sent out early instead of the 30th as scheduled. Next payment will be Jan 27 2013.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on January 30, 2013, 02:22:18 AM
Payment of 33 Coins made, sorry for the delay, was waiting for a transfer. Next payment will be on Sunday, Feb 24.

In order to ensure which accounts/wallets are still active, please private message me what your current address is in order to receive next month's payment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on March 01, 2013, 02:25:54 PM
Where is Feb 24 payment?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on March 02, 2013, 06:35:59 AM
Where is Feb 24 payment?

Working on that, will be sent within the week.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on March 02, 2013, 02:35:35 PM
Where is Feb 24 payment?

Working on that, will be sent within the week.

Did you read my PM? I would like to change payout address.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on March 10, 2013, 08:41:03 PM
This past month's payment will be sent out with the next months payment on 3/31/2013


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on March 31, 2013, 05:51:54 PM
This past month's payment will be sent out with the next months payment on 3/31/2013

Waiting patiently :)


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on March 31, 2013, 06:07:31 PM
Oh, yes, it's scheduled today, let's sit and wait.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on March 31, 2013, 08:01:47 PM
Hello to all depositors.

About 2 months ago, I was able to get a loan in fiat from my bank, and seeing that the market was rapidly rising, bought coins with them. Today, I have exactly what I owed from the day of my default, in fiat, based on the range of coins being from 6 to 13 USD, with a mean of 9.5, which I have rounded up to 10 USD.

With this, I would like to state, that I will be paying back all of my debt with these funds that are stored in MTGox over the course of the next few weeks. I will pay out in redeemable MTGox codes in USD, which you can decide to invest back into the market if you would like to, since it is continuously rising. Please understand that this process will be lengthy because of the various caps on my MTGox account.

I will send out payments in the order in which I receive PM's, so PM me ASAP and I will reply with a redeemable MTGox code as soon as I can (or as caps permit).

As payments are received, please post in the thread to confirm these payments.

Thank you to everyone who has waited this long for me to be able to pay out, as well as to everyone who has treated me with some decency in the duration of the default.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on March 31, 2013, 09:16:52 PM
First payment of 1000USD has been made to gsan. Please confirm.



Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: John (John K.) on April 01, 2013, 01:58:42 AM
Hello to all depositors.

About 2 months ago, I was able to get a loan in fiat from my bank, and seeing that the market was rapidly rising, bought coins with them. Today, I have exactly what I owed from the day of my default, in fiat, based on the range of coins being from 6 to 13 USD, with a mean of 9.5, which I have rounded up to 10 USD.

With this, I would like to state, that I will be paying back all of my debt with these funds that are stored in MTGox over the course of the next few weeks. I will pay out in redeemable MTGox codes in USD, which you can decide to invest back into the market if you would like to, since it is continuously rising. Please understand that this process will be lengthy because of the various caps on my MTGox account.

I will send out payments in the order in which I receive PM's, so PM me ASAP and I will reply with a redeemable MTGox code as soon as I can (or as caps permit).

As payments are received, please post in the thread to confirm these payments.

Thank you to everyone who has waited this long for me to be able to pay out, as well as to everyone who has treated me with some decency in the duration of the default.

I'm really happy for you and your investors. Please contact us when all your debts are cleared for the removal of your tag.  ;D


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on April 01, 2013, 06:14:11 AM
I'm really happy for you and your investors. Please contact us when all your debts are cleared for the removal of your tag.  ;D

Huh? Why?  Where did the option to pay back in a currency worth only 10% come from?  Did his investors agree to be paid back in "worse-of" terms?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: John (John K.) on April 01, 2013, 06:15:28 AM
I'm really happy for you and your investors. Please contact us when all your debts are cleared for the removal of your tag.  ;D

Huh? Why?  Where did the option to pay back in a currency worth only 10% come from?  Did his investors agree to be paid back in "worse-of" terms?
Not sure about that. I thought his investors and him agreed on the payment amount.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 01, 2013, 10:54:41 PM
First payment of 1000USD has been made to gsan. Please confirm.



Second payment of 1000USD has been made to gsan. He has been paid a total of 2000USD. Please confirm gsan.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: gsan on April 02, 2013, 11:29:38 AM
First payment of 1000USD has been made to gsan. Please confirm.
Second payment of 1000USD has been made to gsan. He has been paid a total of 2000USD. Please confirm gsan.

Yep, I have received USD 2000 from Nick in the form of MtGox codes.

I'm really happy for you and your investors. Please contact us when all your debts are cleared for the removal of your tag.  ;D

Huh? Why?  Where did the option to pay back in a currency worth only 10% come from?  Did his investors agree to be paid back in "worse-of" terms?
Not sure about that. I thought his investors and him agreed on the payment amount.

I personally agreed, however I don't know anyone else who has. Some depositors would probably know why I settled, and anyone can PM me to discuss the matter.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 02, 2013, 10:37:25 PM
Payment to Moincoin of 700USD made. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 03, 2013, 12:04:30 AM
Payment of 1200 USD sent to lenny_. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lenny_ on April 03, 2013, 12:12:16 AM
Payment of 1200 USD sent to lenny_. Please confirm.

Confirmed. Thank you.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 03, 2013, 05:33:12 PM
Payment of 1000USD sent to bitsire. Please confirm receipt.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: bitsire on April 03, 2013, 05:42:44 PM
I confirm receipt of $1,000 USD via Mt Gox code from Nckrazze. I consider his debt to me paid in full.

To be honest, I had completely written this off as I did all the other coins I lost to various deposit takers. The fact that Nckrazze took out a loan, made the money back and is now paying people their original deposit back says a lot about him as he could have very easily disappeared like everyone else. He certainly has my vote for removal of the scammer tag once he is done with the payouts.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on April 04, 2013, 12:36:23 AM
what.. ?

so the scenario below is cool ?

1 - borrow 10BTC at $10
2 - allow for 6 months to go by and BTC goes to $140
3 - get a "loan" when BTC at its most expensive - a huh...
4 - pay back the the $100 (10x $10)
5 - pocket the $1300




Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on April 04, 2013, 10:11:53 AM
what.. ?

so the scenario below is cool ?

1 - borrow 10BTC at $10
2 - allow for 6 months to go by and BTC goes to $140
3 - get a "loan" when BTC at its most expensive - a huh...
4 - pay back the the $100 (10x $10)
5 - pocket the $1300

Nope, rather this scenario is cool:

1- loan 10BTC to a swindler
2- learn how much pain and hard work debt collection is
3- get paid back the same amount you would get even if you had won a court case

In the end, I think it's apparent that nckrazze wasn't after scamming people, but rather an ordinary guy with questionable integrity. If I were him, I would have already sold my ass on the street to pay back my debt. Then again, because of that, I would be wary of operating such a service and wouldn't dare put all the depositors' money in pirate.

On the other hand, he did pay back is in the process of paying back. So ultimately, everyone learned their lessons here, we can move along.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: JoelKatz on April 04, 2013, 11:23:45 AM
And that's why denominating loans in an extremely volatile currency is not such a good idea.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on April 04, 2013, 11:37:17 AM
And that's why denominating loans in an extremely volatile currency is not such a good idea.

This is obviously true, but it probably doesn't apply to this case. Nick got the money stolen (or at least that's the story), and he was able to pay back the sum converted to USD at the time of deposit (on average) thanks to volatility. If the price went down a lot, he would easily buy the same amount in BTC. And because the price went up, he bought the same amount in USD with the money he made by his remaining coins (which may be a lot more than he wants everyone to think). Neither would be possible if the price was stable (probably because considering both is not honest to begin with).


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: bitsire on April 04, 2013, 12:25:14 PM
what.. ?

so the scenario below is cool ?

1 - borrow 10BTC at $10
2 - allow for 6 months to go by and BTC goes to $140
3 - get a "loan" when BTC at its most expensive - a huh...
4 - pay back the the $100 (10x $10)
5 - pocket the $1300


I am cool with it because the other option was the one that every other deposit taker chose:

1 - borrow 10BTC at $10
2 - buh bye

Something is better than nothing, and in this case the something is exactly what I originally put in.

I do not believe for a minute that this was all planned - Nckrazze made the mistake of depositing coins with Pirate, as did I, as did probably half of this forum. We all lost. Unlike most, he is trying to make things right. What else can be asked of him? To pay back at today's rate? Next week's when it is up or down 30% or more from today? I think he made the best choice available.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Justin00 on April 04, 2013, 03:07:39 PM
well long as you 'investors' are happy, thats all that matters I guess :)

Just find a few things are strange... like when we had to tell Nick he had 4 or 600btc (I forget) in his wallet.. and he didnt seem to relies.. and needed someones help to get it.. yeah umm oooooh kay...
The timing of everything is just odd... oh and the new car we suspect he bought.. but yeah.. I guess he lost it all to pirate... and then suddenly decided when BTC is incredibly high.. its time to pay back... its not likely at all he had BTC in reserves.. much more reasonable to think he just suddenly felt guilty :)


On a positive note, It is great to see that he is paying people back. Even though I suspect he profited greatly.. but yeah atleast he didn't do a runner like the other degenerates :)




Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 05, 2013, 12:34:48 AM
Payment of 12,060USD sent to Cytokine. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on April 05, 2013, 02:37:52 AM
Payment of 12,060USD sent to Cytokine. Please confirm.

Confirmed.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on April 05, 2013, 07:37:19 PM
ugh how many people still before me?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 06, 2013, 04:11:35 PM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

Also, payment of 1250 sent to equilux. Repayment to him is complete. Please confirm as well.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Equilux on April 06, 2013, 04:49:21 PM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

Also, payment of 1250 sent to equilux. Repayment to him is complete. Please confirm as well.

Indeed confirmed. Thanks!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: thirdlight on April 06, 2013, 05:05:45 PM
I've been paid, too.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on April 06, 2013, 05:46:47 PM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

I have not received anything yet...

EDIT - Got the coins, debt is repaid.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 06, 2013, 09:52:17 PM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

I have not received anything yet...

There was a problem on Gox. Ill let you know when I have news.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: cytokine on April 06, 2013, 10:01:33 PM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

I have not received anything yet...

There was a problem on Gox. Ill let you know when I have news.

Coins received OK.

My mistake: I was watching my receiving address, without realizing that Nick was also sending from gox, so it did a direct transfer w/o the blockchain.

Thanks.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 07, 2013, 03:40:48 AM
Payment of 11936 sent to cytokine. Repayment to him is complete. Please confirm cyto.

I have not received anything yet...

There was a problem on Gox. Ill let you know when I have news.

Coins received OK.

My mistake: I was watching my receiving address, without realizing that Nick was also sending from gox, so it did a direct transfer w/o the blockchain.

Thanks.

Glad the coins arrived alright. That would make sense.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 07, 2013, 05:44:06 PM
Payment of 5000 USD sent to chungenhung. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: asfas16123 on April 07, 2013, 06:09:12 PM
redeemed my code for 2k$, debt considered paid


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 07, 2013, 06:14:47 PM
redeemed my code for 2k$, debt considered paid

Confirmed.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 09, 2013, 01:51:37 AM
4004USD sent to vescudero. He has been repaid in full. Please confirm.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: VEscudero on April 10, 2013, 05:49:42 AM
4004USD sent to vescudero. He has been repaid in full. Please confirm.

Hi Nick

I confirm that I have received 21 BTCs from you, however I deposited 400 BTC with you, therefore you 'only' owe me 379 BTCs now.

I will be waiting right here for you Nick until I get all the coins I deposited.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: BrightAnarchist on April 10, 2013, 12:57:54 PM
4004USD sent to vescudero. He has been repaid in full. Please confirm.

Hi Nick

I confirm that I have received 21 BTCs from you, however I deposited 400 BTC with you, therefore you 'only' owe me 379 BTCs now.

I will be waiting right here for you Nick until I get all the coins I deposited.

Pirate stole all the coins - they're gone. You expect Nick to buy them back at over $200 a pop? That would make him a debtor for life as coins continue to go up in value... and you'd still never get all your coins back.

It really sucks man but suck it up, accept your personal mistake to become involved in the bitcoin credit markets, and move on understanding "neither a lender nor a borrower be". At least Nick is paying the USD amount, which is amazing and rare considering the circumstances. Most other deposit takers have simply dissapeared.

Most importantly, however, Nick isn't and shouldn't give any one depositor special treatment.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: memvola on April 10, 2013, 02:03:41 PM
Pirate stole all the coins

I believe that is true but you must understand that there is still no proof. It is also likely that he pooled his own coins with the depositors' and put most of it to pirate. Then, when pirate stole the money, he assumed the stolen portion to be the depositors'. Most people I know would do the same. This is very realistic, especially if you consider the silly excuses he made when people discovered that he had coins sitting in his wallet, and the ginormous investors that no one knew about before that took a cut of all the payments.

That would make him a debtor for life

It is quite likely that he is still ahead.

Most importantly, however, Nick isn't and shouldn't give any one depositor special treatment.

No, the most important thing is, no one should be forced into a deal. It doesn't make sense to expect everyone to be content just because some people chose to agree to an unfair settlement. Everyone is free to claim what they deserve.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 10, 2013, 04:12:05 PM
I will not speak for anything else you said, because no matter what I say, some people will just keep beating me down and questioning me. It's useless.

Now, I have a few things to say about this.

Most importantly, however, Nick isn't and shouldn't give any one depositor special treatment.

No, the most important thing is, no one should be forced into a deal. It doesn't make sense to expect everyone to be content just because some people chose to agree to an unfair settlement. Everyone is free to claim what they deserve.

[/quote]

Let me set this straight. He never refused the deal when I offered it to him. He insisted that I send the coins. I told him what I was capable of doing at the current moment in time, and he confirmed his address and I sent. However, as soon as he had the coins, he decided he wanted all 400BTC, an attempt he made in manipulating me.

Here are a few messages from that time.

Good news! I've recovered funds and am now able to repay your principal. Please message me ASAP!

Hi nckrazze,

I think you already have my bitcoin address, so please send me the coins to that address and let me know when done.

Kind regards,
Victor.

Do you mind giving it to me again to confirm?

Also, I will be sending your principal of 400.4 coins valued at 10/BTC, equaling 4004USD. I will send the appropriate amount of coins equaling that.

My bitcoin address was: 17VcXxDHNMTwmohWrK8MhzACbxbiMSNLmV

Please confirm when done.

I'll just leave this here.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: VEscudero on April 11, 2013, 05:37:01 AM
Nick, I understand you tried to repay me in USD and I appreciate that. However the debt was denominated in Bitcoins so you lied to me and scammed me.

I will post this message here just to show what kind of things you are talking about:

...
please return all the coins to me and I will repay you in full when I am ready. I will use those coins to my advantage in the continuous price rise.

So you say you will repay me in full when ready, but that I should return back my own 21 btcs now for you to take advantage of them.

Really? I think this is a very bad joke. You have been taking advantage of all of my bitcoins for such a long period without my consent, that you even think you can keep on speculating with my coins.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: zebedee on April 11, 2013, 07:44:46 AM
Nick, I understand you tried to repay me in USD and I appreciate that. However the debt was denominated in Bitcoins so you lied to me and scammed me.

I will post this message here just to show what kind of things you are talking about:

...
please return all the coins to me and I will repay you in full when I am ready. I will use those coins to my advantage in the continuous price rise.

So you say you will repay me in full when ready, but that I should return back my own 21 btcs now for you to take advantage of them.

Really? I think this is a very bad joke. You have been taking advantage of all of my bitcoins for such a long period without my consent, that you even think you can keep on speculating with my coins.

Victor - you have an impeccable record. It's unbelievable that this low-life scammer can post such stuff with a straight face.

"Let me continue to play with your coins to my advantage ".   Lol.  Christ.  What is going on in his mind. "Continuous price rise". lol.  I'm sure that, to his "advantage", he's been filling everyone at Max(market price, price he first realised he could pay back in USD) per bitcoin. Screwing people more even as the price rose.


You can reasonably expect a 10 percent recovery from the most fucked of bankrupts. But not Nick, you're lucky to get 5%.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on April 22, 2013, 09:28:01 AM
I was hoping for my coins to be paid out as well, but unfortunately Nick "is busy in the next couple of weeks" and apparently can't pay out my loan. I was beginning to make peace with his offer to denominate the loan in Fiat...

I hope he hasn't paid out in a "First Come, First Serve" basis with limited funds, forgetting about the other investors!!

Who else has not been paid out yet?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: nckrazze on April 23, 2013, 01:39:41 AM
I was hoping for my coins to be paid out as well, but unfortunately Nick "is busy in the next couple of weeks" and apparently can't pay out my loan. I was beginning to make peace with his offer to denominate the loan in Fiat...

I hope he hasn't paid out in a "First Come, First Serve" basis with limited funds, forgetting about the other investors!!

Who else has not been paid out yet?

No, I wouldn't do it like that. I have exact amounts allocated for each depositor.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: vandordeak on May 01, 2013, 12:09:48 PM
I hasn't been paid out yet!


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lky_svn on May 25, 2013, 11:11:05 AM
Any news on the outstanding repayments? If not, when can we expect news?


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: lewistec on December 19, 2013, 11:49:43 PM
I'm looking for any personal info on nckrazze. If you have anything please PM me. Tips will be given for useful info.
Thanks


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: IveBeenBit on December 20, 2013, 03:13:54 AM
I'm looking for any personal info on nckrazze. If you have anything please PM me. Tips will be given for useful info.
Thanks

Did you read through this whole thread? He was identified a while back. Lives in California, parents are dentists, stuff like that.


Title: Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w
Post by: Vod on December 20, 2013, 03:04:14 PM
I'm looking for any personal info on nckrazze. If you have anything please PM me. Tips will be given for useful info.
Thanks

Did you read through this whole thread? He was identified a while back. Lives in California, parents are dentists, stuff like that.

Guy seems to be lazy.  Condense the info, send it to him, and collect your tip!   :)