as i believe bitcoins will go down directly after the blockreward change i want to short them.
The blockreward change will decrease the number of bitcoins available, so that will raise the price per bitcoin.
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Closing down your ponzi will also be necessary, should you want a lender. It doesn't matter if YOU think it's legal - everyone else can see it isn't.
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I don't think it matters what else is in the blog. You said "along with some other shit I can steal again." That makes you a thief!
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Personally, I don't think this is the best place for you to seek funding for your venture. I think you'd be far better off using something like Kickstarter (if you're looking for donations, which you effectively are) or Prosper (if you're looking for actual lenders) because they have a much larger user base which means more people who might be willing to risk $100, $500 or $1000 on your venture.
If you think I'm being tough in regards to your illegal ponzi, those guys are going to tear you apart. Just be warned.
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4 BTC of it. I have 45.81 50 BTC in my wallet.
The definition of ponzi is using new money to pay back old debts. You've just admitted you are running an (illegal) ponzi scheme.
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You obviously have time to use friend's computers, since you are setting up btc mining on them. Why can't you use that time to do your blogging as well? Then you don't need the loan.
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I don't really think it matters if I'm making 10-20 or even 30 thousand a month.
mlawrence, that's just your opinion. It's clearly possible.
1) You have a way to more than double your money every year? If so, why are you wasting your time on a Hookah Lounge? Become the richest man in the history of the planet instead. 2) You are one of the smartest men in the world? Where was I wrong? Which premise was my opinion and not fact?
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How can you speak something as fact when you have no knowledge that what you're saying is factual? I don't lack novel ideas.
I couldn't. Luckily everything I speak is factual, as deduced by simple logic. Premise 1) The smartest men in the world could not make a 1.5% sustained weekly return on an investment (more than doubling your money every year) Premise 2) Based on your reactions to some basic financial concepts, you are not one of the smartest men in the world Conclusion) You are running a ponzi scheme. It doesn't matter what ideas you have - everyone has ideas. Ideas, until acted upon, are worthless.
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Well I can pay back the loan within 2 weeks.
As long as it doesn't rain and ruin your keyboard again.
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It's odd that Dank Bank is still running while most all of the 'legit' programs have failed. Specially with the total 7 investors I've had.
Not odd at all. There are many reasons your ponzi could still be running after other ponzis have failed. You simply haven't reached the point where you cannot afford to pay back those who are requesting it. The more popular a ponzi, the more interest it pays, the faster it will collapse. The fact is, you want us to believe you have a secret way no one else has discovered of making large amounts of money. Yet you lack basic business and currency skills.
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I use my investors' funds within the specified time frame to make a positive return. I don't just pay interest with new deposits. I used 4 BTC of new deposits to repay Onichans 105 BTC principle, maybe you consider that a ponzi, but a real ponzi would have used 105 BTC.
Look up the definition of ponzi.... and stop calling yourself "intelligent". It's an insult to those of us that really are.
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No, it really is not structured as a ponzi, believe as you wish though.
I wouldn't really expect you to admit it was one. You'd lose new money and your whole "bank" would collapse. It's still a ponzi.
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Investment = risk, if the waters too hot for you then don't get in it and sell your coin's because bitcoin could collapse tomorrow, buy something with a proven track record instead. Anyone who's done even basic research on bitcoin has been warned, don't invest more than you can afford to lose.
There is a difference in losing money because bitcoin collapses, and someone who loses bitcoin because they are stolen by a dishonest owner.
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If you are serious about this, use professional software and get an actual logo.
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You think people are spending THOUSANDS of dollars on their mining rigs for the sake of "keeping the system running"...?
No one is doing that anymore. Rewards are going to halve in 2 months. You won't make your investment back.
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Paypal does not back anything bitcoin, regardless of their written policies.
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You'll go bankrupt as soon as someone runs away with a large amount.
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Dank Bank? Why yes.
That means you are running an illegal Ponzi scheme. Not that it really matters at this point; I doubt anyone takes you seriously.
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Thunderbits was banned for spamming/trolling. I don't have any knowledge of outstanding loans.
So if Pi admits to being Thunderbits, shouldn't Pi be banned as well?
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Yea my numbers are all jacked up lol, Well if anyone would like to give me a hand to figure out a reasonable rate Id like that. The calc I used failed me as seen above. The equipment will be mined until its unprofitable then sold off.
Question... sold off to who? Thousands of others will do what you plan, and the prices are going to plummet.
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