]If you are paying interest and it will likely take a long time sell the two coins why don't you just send one of the 25 BTC coins back to braek to cover the majority of the rest of the debt?
It won't take a long time. I've already sent most of the physicals for grading or sold them. I can send them back to him, but by that time the debt will likely be paid. The interest works in everyones favor. I am incentivized to pay him faster, and I've started the interest from 6 weeks ago to be fair. Thanks Charlie |
|
|
|
I am glad to see some final date on all of this,
but I doubt it will be over that easily...
Understood. I am going as fast as I can. I appreciate that its annoying to have to wait, so I offered interest every week. I am paying you weekly interest (at 4.25% annually), this will make sure I pay you back as soon as possible. The longer it takes me the more I have to pay you -Charlie Just my two cents that I think what is fair is paying that interest rate for as long as the debt has been delayed to be repaid. Meaning weeks prior to this should account as well if that was not your plan originally posted earlier today. I think its fair if we start the day Bracek PM'ed me to ask for the remaining 60 BTC (from the 2 coins) on October 4th. Thats 5 days before this thread was created. That means we are currently 6 weeks in. According to: http://www.ginifab.com/feeds/compound_interest_calculator/?p=60&r=4.25&m=52.14&t=1&fv=62.60&rr=4.34So, 60 BTC at 4.25% annual compounding interest. Year Weeks Starting Value Multiplier Interest Earned End Value 0 1 60.00 0.0815113156885 % 0.05 60.05 0 2 60.05 0.0815113156885 % 0.05 60.10 0 3 60.10 0.0815113156885 % 0.05 60.15 0 4 60.15 0.0815113156885 % 0.05 60.20 0 5 60.20 0.0815113156885 % 0.05 60.24 0 6 60.24 0.0815113156885 % 0.05 60.29Since I have paid back 24.7 BTC out of 60 BTC as of this morning, I currently owe: 60.29 BTC - 24.7 BTC = 35.59 BTC-Charlie |
|
|
|
I am glad to see some final date on all of this,
but I doubt it will be over that easily...
Understood. I am going as fast as I can. I appreciate that its annoying to have to wait, so I offered interest every week. I am paying you weekly interest (at 4.25% annually), this will make sure I pay you back as soon as possible. The longer it takes me the more I have to pay you -Charlie |
|
|
|
Like I said because his reputation is on the line that is why I believe he is so apt to respond now.
Incorrect. I paid 70% of the debt before this thread was created. I've always responded. Emails, tweets, calls, ect. He only created this thread because I didn't log onto the forums for a few days. In that time he could have easily emailed or called me. Since its created, I've continued to pay and not 81.5% of the debt has been repaid. Like I said because his reputation is on the line that is why I believe he is so apt to respond now. it is remarkable how a sale to pay me occurs only after a little more pressure here,
I actually paid you 70% of the debt before this thread was created. or how he in spite of being offline for a few weeks managed to see and respond to this thread within hours of creation...
Yes, someone sent me a tweet asking me if this thread was legitimate. You could have easily emailed me, sent me a twitter, or facebook. I've offered to pay you interest for the delay, I only have 35 left, so I will pay you 4.25% interest per week. -Charlie Really? 4.25% interest weekly? Lol *Sorry, I meant to say 4.25% annually accrued weekly. At the rate I've been paying, it should be paid back in a few weeks. Fixed original thread. |
|
|
|
it is remarkable how a sale to pay me occurs only after a little more pressure here,
I actually paid you 70% of the debt before this thread was created. or how he in spite of being offline for a few weeks managed to see and respond to this thread within hours of creation...
Yes, someone sent me a tweet asking me if this thread was legitimate. You could have easily emailed me, sent me a twitter, or facebook. I've offered to pay you interest for the delay, I only have 35 left, so I will pay you 4.25% interest per week. EDIT: I meant to say 4.25% annually accrued weekly. At the rate I've been paying, it should be paid back in a few weeks. -Charlie |
|
|
|
I've paid 154 BTC for selling a total of 189.3 BTC worth of physical coins. That is 81.5% of the debt has been repaid and I am consistently repaying the debt here. I am not debating the validity of the debt.
As promised I will keep sending coins as I sell physicals until this debt has been repaid.
You guys can keep posting here every day, claiming I am a scammer, while in the background I will keep sending Bracek coins to repay the debt. I have never scammed anyone before, nor do I plan on doing so.
Will post again when more coins are sent.
I think the confusing thing is whether you have paid 100% of the proceeds you have actually received from selling Bracek's coins (leaving aside any compensation you were getting for arranging the sale). If you haven't, then that seems to be different from the agreed transaction (essentially sell Casascius coins on consignment), and also seems to imply that you do not have the funds to pay Bracek. If you don't have the funds because you haven't sold the coins, or are awaiting payment, then its a different story. If not, if I was Bracek, I would be concerned both that you changed the term of the deal, and also that I have no visibility into how you plan to obtain funds to pay me... Especially given that my counterparty is awaiting sentencing that include forfeiture, penalties and possibly jail time. That makes sense, and concerning as well. If you scroll to earlier posts, I addressed this. Originally the deal was for me to pay Bracek when I sell the coins. I got a little cocky early on and would pay him immediately upon receiving the physicals knowing I would be able to sell the coins. At this point, I still have some physicals coins that I already paid him for many weeks ago. Unfortunately, our deal was not properly laid out. It did not go beyond "Pay me when you sell the coins". There was no contingency in place. I set a precedent by prematurely sending coins before I sold them. You can say that I effectively changed the deal to Braceks benefit by paying him earlier. I do have enough physical coins to pay the rest of the debt. I mentioned earlier, I have sent over a dozen physical coins to be graded as well as privately selling coins on the forums. Every few days when I make a sale, I have been sending him the BTC, including this morning I sent another 2. -Charlie
Personally I think you should go the extra mile in your repayment and make it worth bracek's time waiting. Otherwise you just got an interest free loan.
This thread is motivation for you to make things right with bracek and your debt. Only since this thread started did you really start to be responsive obviously to protect your image naturally. Remember this debt has been in the making since August. 3 months ago.
I've been paying back Bracek before this thread even started, and continued. In fact, most of the coins were sent to him before this thread was started. You are more than welcome to call a spade a spade, call me a scammer, do whatever you want. I have never scammed anyone, always paid back debts and I dont plan on stopping now. The fact that I paid back over 80% can attest to that. As for the delay, I am happy to pay the standard interest rate of prime + 1% in interest for the rest of the funds. Currently, 35.3 BTC is left to be paid (out of 189.3) 4.25% (Prime 3.25% + 1%) = 1.5 BTC annually or effectively 0.03 weekly with compounding interest. This is for the first 4 weeks: Year Week Starting Value Multiplier Interest Earned End Value 0 1 35.30 0.0815113156885 % 0.03 35.33 0 2 35.33 0.0815113156885 % 0.03 35.36 0 3 35.36 0.0815113156885 % 0.03 35.39 0 4 35.39 0.0815113156885 % 0.03 35.42 After every payment, we will recalculate the interest. Source: http://www.ginifab.com/feeds/compound_interest_calculator/?p=35.3&r=4.25&m=52.14&t=1&fv=36.83&rr=4.34 |
|
|
|
Send him a formal demand letter using registered mail, and cc his lawyer (Marc Agnifilo). You can do that even if you're out of the US of course, but it might be more effective if you are.
You are more than welcome to do this, however it'll probably delay this. I've already paid back over 80% of the funds owed to him.
he sent approx 22.7 so far,
of 60 btc
that is 54 btc for 2 x 25s , and 2 singles with error (6 btc)
that is what he did not pay for yet
Actually I sent 24.7 so far, another 2 was sent this morning. https://blockchain.info/tx/80f5c0e81367d6f482fea941847658c313035fb456d82001ea77ee054833d7b0Yes I've confirmed I sold most of the coins. I still have a few left I sent for grading. I never said I did not sell the 25 coins. According to your address: https://blockchain.info/address/1EYn7SvBGm6PGgzq6XCQ74MB5RXvRT7USdI've paid 154 BTC for selling a total of 189.3 BTC worth of physical coins. That is 81.5% of the debt has been repaid and I am consistently repaying the debt here. I am not debating the validity of the debt. As promised I will keep sending coins as I sell physicals until this debt has been repaid. You guys can keep posting here every day, claiming I am a scammer, while in the background I will keep sending Bracek coins to repay the debt. I have never scammed anyone before, nor do I plan on doing so. Will post again when more coins are sent. |
|
|
|
So where the hell is the money I sent to Bitinstant?
Why has it not been returned to me?
This forum suggests the company is legit. Allowing me to make the transaction, taking payment and not communicating or returning the funds does not sound all that legit to me!
BitInstant shut down over a year ago. You didnt send money to us. |
|
|
|
|
Just sent another 1.5
83bee54a5a1e7cd5f20c15b36e065d45e3cef208b09d6986d96f7d2f3bffdb28
Will keep sending payments until full debt is paid. 22.76BTC paid so far. I've been sending payments every few days as I sell coins.
I sent some of the coins to be graded, and will be putting up the rest of the coins here to pay Bracek for them.
Charlie
|
|
|
|
Charlie, where are you, why the delay ?
what is going on ?
Sorry for the delay, I havent been online in a few weeks. Im going to buy some BTC or sell some more physicals to pay you more this week. I just sent you 1.26 thats left in my wallet. https://blockchain.info/address/1EYn7SvBGm6PGgzq6XCQ74MB5RXvRT7USd I should be getting a payment of a few BTC early this week, will send to you when I do. Already, I have sent 150 BTC. If I was going to scam you, I would not have sent anything at all. You will be paid for these coins, every cent of it. I am a man of my word. Charlie, where are you, why the delay ?
what is going on ?
Did Charlie not say that you have his telephone number, email address an home address? Wouldn't it be a lot easier to contact him via one of those means instead of bumping this thread daily? If he is not online then he will obviously not see this, but he would almost certainly receive a text message and/or a phone call And he isn't responding to email, phone, text etc?
This is what I am saying. I dont know why we're keeping this thread going. I've paid him half and continuing to do it. I don't come onto the forums at all anymore. If you don't hear from my, email me. My address is on CharlieShrem.com Thanks. |
|
|
|
Thanks Walter.
I addressed the payment this morning, about 7 hours ago. Since this is going to get dragged into public whether anyone likes it or not, we might as well ask for clarification for the record - by "addressed the payment," do you mean you mailed the rest of it, as fiat currency? Or am I confused? Hey Walter, What I meant by 'addressed' was that I addressed the issue. I told Bracek that every week he would receive a payment. I ended up sending 2 payments the first week a few days apart to show my commitment. Next payment is due this coming week. |
|
|
|
I agree, talk is cheap
20/60 paid
40 more to go
This status appears to be unchanged looking at blockchain.info: https://blockchain.info/address/1EYn7SvBGm6PGgzq6XCQ74MB5RXvRT7USdI suggest contacting Charlie privately and asking if he is going to send 10 BTC this week. If he doesn't send it or indicates he isn't going to, then you start getting public about it. Don't start everything out at red alert. It makes you look like the kind of person most of us are going to want to have no dealings with. Thanks Walter. I addressed the payment this morning, about 7 hours ago. I told you I would send you a payment each week, last week I sent 2 payments to show you Im not a scammer. Next week you will get another payment. These is no point in constantly responding this thread, all we are doing is going back and forth and fighting for no reason. The thread is public and everyone can see it. It is not going anywhere. If you want to fight "I am right, you are wrong" then OK we can do it. However I am not wasting anymore time fighting with you. I am trying to be mature. -Charlie |
|
|
|
coins are sold, at least he said so through pm-s
months ago
......
all this seems weird and overreacted only because I did not show our private messages here,
if you saw them, than you would be quiet or would say something else
Yes, in a few private messages I said they were sold. I would also send you the BTC immediately when I got the package, because I had commitments for alot of the coins. In 1 PM I even told you: Package is at the post office, Im going to pick it up on Monday...........As soon as I pick up the package, I will send you this BTC  In reality, however, (as I said earlier) not all the coins were sold.I was prepaying you because I had commitments to sell the coins. Some of those commitments did not go thru. I already admit to setting a bad precedent and paying you before all the coins were sold. However, that does not make me a scammer.
you think I just happened to write he is a scammer ?
for fun ?
and don't take what he said here as absolute truth,
as I said in a negative feedback, it is a very smooth play
that is going on here...
Yes, you could have easily called my phone, emailed me, and you have my address and real name as well. Instead, you made a scammer post here and on reddit and i've proved to you and everyone I am not a scammer. You don't have to keep treating me like a scammer, so angry and childish. This whole thread, anger, ect could have been avoided if you simply contacted me personally. I've acted like a professional, started to pay you, responded to this thread and dealt with your concerns. I ask you do the same. I told you I would send you a payment each week, last week I sent 2 payments to show you Im not a scammer. Next week you will get another payment. These is no point in constantly responding this thread, all we are doing is going back and forth and fighting for no reason. The thread is public and everyone can see it. It is not going anywhere. If you want to fight "I am right, you are wrong" then OK we can do it. However I am not wasting anymore time fighting with you. I am trying to be mature. -Charlie |
|
|
|
EDIT: I see that charlie has refuted that he is actually late in paying you for any of the physical coins, however you have not disputed this claim, which would lead me to believe that you are the one trying to get an advance payment not trying to recover a late payment
The disputes and whatever is not relevant anymore. I have paid him almost half of what is ultimately owed with more BTC being paid this week. This thread will be updated when I send more payments. Until then, let's leave it at that. We all have better things to do -Charlie |
|
|
|
don't call this thread pointless, it is worth 50 btc to me
and please add another bolt to your statement,
a time limit on all this,
because, what if price goes up and you end up not being able to earn or buy enough btc on the market ?
I've already emailed you the payment plan a few days ago. Please check your email. What happens in the market is not your concern. I've already sent you 10 and committed to your plan. You don't have to keep treating me like a scammer, so angry and childish. This whole thread, anger, ect could have been avoided if you simply contacted me. I admit I did not check the forums and see your 2 PM's, but you had my email address, physical address and more. I've acted like a professional, responded to this thread and dealt with your concerns. I ask you do the same. I wrote: I send 10 BTC starting now and every week I will send the rest. And you said: lets see some money first So then I sent 10 BTC and said: I will send you another 10-15 next week. Which you said: mind you I did not agree to any of your suggestions, please hurry with the rest So, thats what I offered you and the best timing I can give |
|
|
|
the idea is to defuse social pressure and heat with time,
to let this thread sink,
and to not pay in full after all
the btc are still not coming in, title of the thread gets heavier as time passes...
you shall know them by their deeds ?
Maybe you should just both agree to a date by which all owed funds should be paid. It seems to me you agreed to partial payment for stock with the rest to be paid as he sold them. It seems your mistake was agreeing to an arrangement you didn't like in retrospect. Perhaps you two can set a date by which all funds must be paid. This way there is no confusion from anyone if the agreement is complete or not. it should have already been paid, long ago, that is what this thread is all about This thread is getting pointless, please stop adding fuel to the Fire. Whatever the issue was in the past, it's not worth talking about. Threads don't "sink" nor does social pressure. If I scam you, you come right back here because I promised to pay and it would look worse if I don't. You will be paid in full, I've alredy started. If I was going to scam you I would not even be responding here or I would argue with you. I'm not arguing, so let's both relax be professional and adults. - Charlie |
|
|
|
I have sent a PM requesting BTC payout if possible. You'll save on Fedex fees, I'll save on converting it back to BTC.
Edit: I'm not even legally allowed to send you Bitcoin as a refund, as that constitutes money transmission which I'm guilty of. I can only refund you in the way you paid which is why I offered to FedEx a bank check.
Rawted, he can't send it in BTC. My apologies, didn't notice the edit. Responded to your PM. |
|
|
|
My apologies for making you post that, I didn't know about your bail conditions.
You may not remember, but you forwarded me onto a female support agent via PM because of my post on that thread sometime in april of 2013.
Again, I appreciate your offer, but I will need to think on this.
Just to confirm my choices are:
a) $360 refund from you directly
b) wait until the terms of your conditions run out and we pursue it for my full amount (if so, how long is that?)
No apology needed, you are trying to get money owed to you and thats understandable. a) yes, I can FedEx you a check anytime. b) You can, but like KingOfSports said, the most you will get from a judge is the $360 refund, which is why I offered it to save you the time.
Charlie is not the person who owes you, it is bitinstant ENTITY that owes which consists of many owners. Charlie did not personally harm you and just like in a court system the CEO of a company is not the one sued here, its the company in general. Either take the $360 or hold your vendetta/stubbornness and walk away with $0. I find it honorable Charlie would offer to pay you $360 as he personally owes you NOTHING.
As the company was doing illegal activity you won't be able to get a judge to give you anything except the $360 you paid AT MOST. Thus, this is your best option here.
This is exactly accurate. Although I was trying to say it nicer myself. |
|
|
|
I can appreciate the fact that you're no longer involved with BI. I can totally appreciate the amount you have had to pay out of your pocket to clear up issues. My problem is that I started this support request through you/your company back when you were in charge of it all. You know exactly who I am, as you just emailed me right away after I posted. If you notice the email you replied to was sent March of 2014. That's 7 months since you last replied to me about this. You even knew the exact amount (360). Why did it have to get to this?
I'm torn as I realize you have no control over BI assets anymore, but I feel like my situation is different (due to the length of time I have been in contact about this, and the hoops I've been forced through), and that I have been more then patient enough. The offer of $360 is commendable, but again, I bought bitcoins with that money - I didn't place it in a no-interest savings plan for 18 months. I am honestly not happy at all with that appeasement. I appreciate you responding, and honestly attempting to resolve this (which I would like as well), but this is not fair, imo.
I have removed the negative from your profile while we work towards an amicable solution, and thank you for stepping up.
Thanks for your message. I was able to know the amount and who you are because after you posted this I searched "Rawted" in my gmail search and only 1 email came up. I also know it was $360 because that was the amount you told me, so I am going by your word. There are many places where your order could have failed, and Im sorry for the length of time it has taken to resolve this. ZipZap may have not paid us for your order, or it could have failed. Bitcoins were never purchased for this order. If there was, we would have had the coins to give you I was only apprised to this situation when once I got your email on Feb 17th 2014. Up until that point, I had no idea of this situation. The day I got your email, I copied my partner and said (you have this email as well) Hey Gareth,
Can you look this up and confirm?
Ill pay the refund out of my pocket if the details match up.
Steve - I stepped down, but like I said be glad to help. Since then I received 1 other email from you in March. Gareth has not responded to me, and I dont have any corresponded between you and him. My current offer stands. We dont have much information to go on here, but Im happy to refund you to just end this. Currently, as part of my bail conditions I am not allowed to engaged in any BitInstant activity. This includes investigating this further and buying more Bitcoin for the company. The only thing I can do is refund you out of my pocket. The $360 would come from me personally and not the company There is a clear legal line between what a company and a person. All of these dealings are between you and the company. I am no longer part of the company. However Im doing this because I know $360 is alot of money and I would be pissed as well. -Charlie
EDIT: The email you just replied to from feb 2014 even has the order ID, event details, store, and location sent from in it. Would it be worth trying to get a hold of zipzap again about this?
All ZipZap will do is confirm this order exists in their system and that you paid. From then on, I have no way to check the BitInstant system of what happened to your order. This is why Im offering to give you a full refund. Edit: I'm not even legally allowed to send you Bitcoin as a refund, as that constitutes money transmission which I'm guilty of. I can only refund you in the way you paid which is why I offered to FedEx a bank check. |
|
|
|
|
Show Posts
