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I am shorting NovaCoins. Seeing as how there is no automated platform to short NVC (because it's a scam coin and has no value), we'd have to go through this manually.
How it works;
1. You give me X amount of NovaScams.
2. I dump it on the market while Balth/BTC-e is in the pump phase of pump-n-dump
3. After an set amount of time, I give you X + interest NovaScams.
I'm currently offering 1% / monthly interest. Minimum is 5 BTC worth, and minimum time period is 3 months.
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Very interesting how February interest rate unfolded, it is possible market reacted to our announcement to set our request to 4.8%, despite MPBPT-E was among smallest players. So this time we will announce it only after bond will be bought.
At the moment 178.2 BTC was raised in MPBPT-O for March bonds, bid still open till tomorrow evening.
Doubtful. The total exposure was MUCH less this month, so the higher interest rates never triggered. 7`155.47 BTC max exposure this month vs 60`807.41 BTC max last month. Of course, but of these 7155.47 BTC only 100 was from MPBPT-E. There were plenty of others that could have decided to request any other interest rate, not exactly 4.8%. Quite a coincidence, don't you think? The coins needed stopped at your 100 BTC @ 4.8%. The people who chose 4.9% didn't get their coins used. People didn't magically decide to copy your interest rate, it just stopped there. If MPOE needed some more bitcoins then the rate will be 4.9% or 5% or whatever. You got lucky cause if you set it any bit higher you'd get 0% returns. Anyway, not a good sign if you don't even comprehend how it works.. |
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I've 3 transactions still not confirmed after more than 24h. What's going on?  You didn't pay the miners fee maybe? |
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Unfortunately for you, whether your intentions were good or not, BFL has priced their (currently non-existent) lower end units such that there is no need for people to throw in for a mini-rig. It would not make sense for someone to take on all the additional risk you're proposing vs directly buying a Little Single themselves. You don't even have a place in line. Sorry if that shattered your dreams.  +1 Hey, at least you might be able to sell your domain name! Let's do some calculations: 1 share = $450 Mini Rig = 1,500 GH/s 1 share = 15 GH/s Little single SC = $649 Little single SC = 30 GH/s There's the electricity costs, but don't forget that you won't be able to sell your "share", and it only lasts for 2 years. Actually if the MiniRig could be overclocked that number might be better  Also, if BFL doesn't meet the unit target (actually I really hope that all of the unit targets are met) the smaller units might not perform as well. Another reason for going with a larger unit is that there's more hashing power and a greater chance of discovering new blocks. Admin and maintenance costs are factored in per share. After 2 years I'm sure that BFL will have better tech that we'll want to buy If you've being doing your research on the overclockability you'd see that the Mini Rig has less overclock room than the smaller units. Plus, if BFL doesn't meet their unit target then it will be proportionally - say 80% for Jalapeno, 80% for Little single SC, 80% for mini rig.. |
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50/50 chance your businesses fail fail as well just to throw that out there.
Now lets keep this on topic, and not what your unfounded speculative guesses are.
If my business fails to fail, what does that mean? So, what about the coin purchases? What fees do you charge? Verification, etc. You're failing to build any hype here. |
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Oh hi Tradefortress.
Oh hi, stopped with the trolling now? |
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I assume that TradeFortress accepted my advice, and being registered with new nickname for bullshit posting activity.
If you want a response from me, try sending me a PM because I'm not omnipresent. |
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I don't support DDoS attacks
True story. TradeFortress, you need to know, that ddos attacks usage for protecting your own investments can result a jail... From 3 to 9 years in Russia and USA. In comparison, for the murder criminal can receive from 2 to 11 years of jail. You should think about it and compare this numbers, before posting of ddos-supporting messages... If you care about your reputation, of course. And also you need to know, that no one cares about your opinion there, because it's coinotron users support thread. Your benefit from happening is obvious for all, you shouldn't lie to yourself. Only an idiot would believe in your impartiality, so you should try better, using a new account. I have said this many times before: I hold a small and insignificant amount of Terracoins, zero litecoins, zero ppcoins, bla bla bla. |
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Well, I don't trust you to send first.
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Unfortunately for you, whether your intentions were good or not, BFL has priced their (currently non-existent) lower end units such that there is no need for people to throw in for a mini-rig. It would not make sense for someone to take on all the additional risk you're proposing vs directly buying a Little Single themselves. You don't even have a place in line. Sorry if that shattered your dreams. +1 Hey, at least you might be able to sell your domain name! Let's do some calculations: 1 share = $450 Mini Rig = 1,500 GH/s 1 share = 15 GH/s Little single SC = $649 Little single SC = 30 GH/s There's the electricity costs, but don't forget that you won't be able to sell your "share", and it only lasts for 2 years. |
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50/50 chance that this is going to turn out the way of WorldBitcoinExchange, CryptoXChange, Bitcoinica, BitLc...
Just saying, don't put a significant amount of coins into this site unless you want to lose it in a hack / scam.
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Why should we trust you? You joined a month ago.
Where is your OTC rating, what are your electricity costs, what you predict the difficulty to be, etc.
The fact is, you haven't placed an order yet, and if post-ASIC mining would still be profitable then EVERYONE is going to buy SCs until it is not profitable.
This is just a PMB.
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All you need to do is to start up your own ASIC manufacturing business and the mods will stop censoring your posts |
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I'm betting that (i) less than 100 shares will be sold and/or (ii) the issuer runs away with the coins. PM me if you are interested,
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didnt understand that, but your constructive critisism led to epiphany which led to me getting an actualy domain name, and started looking for someone to automate it.
Provably fair = anyone can prove that you are not rigging. A layman's example is, the winner will be the last digit of the Dow Jones closing price. Check out SatoshiDICE's verification. |
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"3,354 people like this. Be the first of your friends."
No they don't, where did you buy the facebook likes?
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37
What is this magic? You won! The plaintext was "37 somepaddinglol" PMing. |
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No, I was not here for any of that, but I do understand how one can make huge gains on trades if executed correctly. 420 has never said it'd be risk free for himself. He's also not taking the money of anyone who wants to sign up. I believe the dude has at least the level of knowledge in trading that I myself do, if not a bit more. As long as you don't bite off more than you can chew (pay back), then adding to the balance sheet what you can trade still makes since. I've already pointed out why this repayment structure is better than a bank loan. I've also pointed out that I myself have had an investment return over 300% in one year.
I also have an open position in BAC that cost me $8000 for a $10/$15 JAN15 call spread. If this trade works out as expected, at expiration it will have a final value of $25000. Now, subtract out my $8000 initial investment, and that leaves you with $17000 profit in two years time. That's over 100% ROI per calendar year. And that's just trading long-dated options.
If one understands short-term options trading and is willing to take on additional risk, then even greater gains can be expected. I just had a SDRL bull put spread expire worthless (which was good for me) on 2/15 that involved very little risk (in my opinion due to my faith in SDRL), and it was a one month contract. I've done almost the exact same trade two months in a row (different strikes for the two months), and it hasn't bitten me in the ass yet. 420 could replicate these easy/low-risk trades and almost cover my interest payments just from them.
My trade was:
Buy 27 FEB13 $36 Puts for $371.71
Sell 27 FEB13 $37 Puts for $465.27
Both expired worthless, leaving me with a profit of $93.56 in 30 days. That's 3.465% interest on my $2700 investment for a low risk trade.
So scream at the walls all you guys want, in the world of options and futures, huge gains can be made if you make the right investment choices. The key is to know what you're investing in and not just blindly pick a security and trade it. I don't see or smell a scam here. It's my money on the line, so we'll end up seeing. I have $1500 split between two guys on the board right now, both which I expect will come in full plus interest.
That does not explain why he is offering for absurd interest rates. Because he's a nice guy and likes to spread the wealth around? No, because it's very likely to be a ponzi - intentionally or not. |
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Not even nethead wants the worthless novacoin / rucoin for selling the domain names and wants BTC .
It's as ironic as the Federal Reserve expressing their reports in bitcoins.
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I sold 9 shares at 0.18505 - I really wonder who purchased that without looking at the spot price of silver  More profit for BTCINVEST through! |
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