You would have to find a suitable person to send the initial Bitcoin too and someone who is available and willing to send each persons share. Finding someone this trustworthy could prove to be quite a problem. Most people who are trustworthy may not be interested in this because they can afford the equipment themselves and don't want to rely on others & people claiming they haven't received anything.
This is a valid point, but the user who operates the machinery would ultimately be the one who sent the money. On top of that there would be a simple way to solve this, everyone can see the transaction history of a specific bitcoin address using Blockchains at: https://blockchain.info/address/<WalletAddress> and thus if the owner of the machines tried to cheat everybody out of their money, it would be known immediately and visible to everyone because it would appear in the blockchain transaction history. Also, everyone would be able to see the addresses of everyone else and how many shares that person owns to confirm they were all paid equally (by cross referencing the blockchain history with the number of shares owned and the wallet addresses) But, this proposes a risk also. For people to know its a scam some people have o be scammed. The person could play it safe up until. A certain time where they are bringing it more bitcoin at that point they could run with the money. This means a lot more people could lose out. However, if done correctly I think it could work very well. |
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I think it will, given (a long period of) time.
I'm curious what you call long time? When do you think I will reach that? |
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Mined my first BTC a few years ago when they were worth a buck or two. Deleted my wallet when I got done playing with it, didn't really care since it was only 1-2BTC (five bucks or so). Now I feel a bit sad about that  That is gutting. Not very nice to see that. That also means there's less bitcoin in circulation. |
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I've never bought coins with Paypal, but have had an account frozen a few years back for no good reason - living outside of the USA, they somehow thought my account was "suspicious" and froze it. Lost around $140. Paypal is a necessary evil for a lot of online transactions right now.... but I wouldn't tempt them by doing something in a gray area, as their policies are fairly arbitrary, and since they're not a bank, there's not a lot you can do if they decide they want to just take... I mean freeze... your account.
Nope, they will send you your balance if you send them your IDs. But the question is why your account was "suspicious" ... Could be minor like logging in from different country ips etc. I know legit owned accounts have been frozen for a short period of time until the documents were provided. |
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That would be awesome... No Xbox live yet... I believe it's a PC server. That's even worse. That's why I don't want to do the coin chat. I have my computer in use most of the day. True. I'm normally doing a lot of stuff and have multiple computers running at the same time. |
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Yes I would be willing to send to escrow and cover shipping. But I just thought of something even better, I just remebered I have 50,000 delta skymiles which I just checked is enough for 2 roundtrip tickets from orlando, fl to NYC. I think in order to make the collateral equal to the loan, I will ask for 2btc and 2.5 paid back with the delta skymiles transfered over as collateral. I think the the 50,000 miles easily outweigh the value of 2btc. I think this would be alot easier to transfer vs a laptop. I honestly have to intention of losing my sky miles so please just be rest assured that it will be used exactly what its meant for: collateral till I pay back 2.5 btc in less then 2 weeks. Please let me know if this is acceptable to anyone and if anyone will help me out with this loan. I hope to build my reputation with this loan so if I ever need one in the future I wont have all these issues of trust. Thanks in advance to the person who is willing to help me out. And also bear in mind that I would still be providing copies of my DL, power bill and anything else needed for id purposes.
That would be easier to transfer. I'm sure you would not want to risk your air miles. For the people in talks with loaning this guy the money, please let us know how it went. |
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I've never bought coins with Paypal, but have had an account frozen a few years back for no good reason - living outside of the USA, they somehow thought my account was "suspicious" and froze it. Lost around $140. Paypal is a necessary evil for a lot of online transactions right now.... but I wouldn't tempt them by doing something in a gray area, as their policies are fairly arbitrary, and since they're not a bank, there's not a lot you can do if they decide they want to just take... I mean freeze... your account.
They normally ask for Identification when freezing a account and require evidence to who you say you are. They normally sort it within 48 hours. You should of contacted them and sorted it. I'm not sure if you can still contact them and get it back. They normally freeze accounts for suspicious activities or for people reporting you. (Happens often with ebay if you search the internet). |
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star trek online has me hooked since the romulans became a playable race  I have never played Star trek. Time to watch the gameplay. |
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Tut-Tut. Surely it's only a matter of time your account gets banned.
It will eventually be terminated when they find out they haven't been paid and investigate. OP, you should really contact microsoft and tell them about the exploit. |
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Lol, there's a reason your posts get moved here and mine don't. I am NOT a scammer. If you do any business with me I guarantee you'll be happy w/it. Like I said, I have plenty of references I could provide-people who are a big presence on this site. And BorderBits is the one making up lies. He called a gold coin I posted fake, just to make me look bad. Why has he launched this crusade against me? I don't know. And get my stuff together? I don't know what you could possibly mean.
I believe Johnnie is not a scammer. He has many positive ratings and has been giving good explanations in all of his threads which have hit a problem. However, before dealing with Johnnie you do need to ask questions to get the full picture as some of his threads haven't been satisfactory. I think people really need to make the judgement for themselves there is something going on obviously, but if there's no evidence it would be unfair to label anyone as a scammer. Until, Soild evidence has been provided and is proven guilty, I'll stay undecided. |
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Yes, When I was started this account price was $10. I thought 1 BTC = $10 is too high price. I didn't bought that time. Now I realized that, I missed a great opportunity.
Anyway, It's alive again.
Alive again? Did Bitcoin ever die? Haha, no it didn't. When it drops people think it's the end of the world. |
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That would be awesome... No Xbox live yet... I believe it's a PC server. |
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What people are talking about when they say this is that is in violation to act as a money transmitter. I am not a money transmitter. I am a retail coin shop!
Are coin sellers on ebay money transmitters? Well than neither am I.
Are you selling Physical coins with Bitcoin loaded on them too? It's kind of a grey area. I don't think they cover you for virtual items, because you can't prove that you actually sent it to the buyer. But, I don't believe they disallow it. (However, I don't use paypal for this purpose so not 100% certain). |
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Time to find how long I have left, I totally forgot about this. (Should of bookmarked the page)
27th Thank you! I did find it after. |
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Thank you for the suggestion tysat. However, I feel that one of the key features of the bit-coin is that you can buy and sell anonymously. So any site that wants me to give information from my personal banking account would defeat the purpose of anonymity.
You can try faucets out if you are looking for very little amounts, as I see you were looking for "Donations". However, use a exchange or localbitcoins to buy/sell Bitcoin. They are the most used. You can also deal here on the forums. But, be careful and only deal if you have a escrow and a trusted seller. |
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Im sorry I meant s series. Its the one with the real big screen. I would be happy to either send it to the lender or to an escrow...in which case I dont see where the big "scam" is that everyone is talking about. I think some people on here are a little bit too paranoid, which I blame on all the real "scammers" out there. Honestly I dont see where the big risk is in taking this loan seeing as we are not talking about a whole lot of money and im willing to provide collateral as well as copies of my id, utility bill, bank statements, pay check stubs and whatever else is needed. If I was trying to scam someone I would find a much easier and more cost effective way to do it then sending a laptop worth about twice as much as the loan as well as all my documents.
I personally think people have a right to be paranoid and ask questions. Otherwise with the information you did provide first off all we wouldn't have any answers. Before taking a loan from anywhere, let it be a bank or online. You will be asked these sort of questions. It's not as easy as asking and receiving. It's nice to hear you are willing to send the laptop. But, as Baitty pointed out, that would cost extra for shipping fees. This means the shipping to and from the person. |
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These are very cheap. But, it does seem paying in Bitcoin is costing more.
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Why would you do this?
Yes, and how can you even afford this discount? Actually a lot of people do this and I have seen a lot of people offer more of a discount in the past. They are normally long term investors and profit it from it down the line. |
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Hello and welcome there Thank you I hate this 360 second restriction.... When is it over??? Like seriously, 6 minutes per post? When you climb the ranks it will disappear. I'm not sure what rank it disappears. But, I know full member it is gone. |
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