Bitcoin Forum
August 09, 2024, 09:24:47 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 09:37:41 AM
Perhaps you could help me out, I have read a few things but I am admittedly stretchy on how PPT generates the new funds above and beyond what you invest?  It kind of puzzles me at the moment and you seem to be more experienced.

Pirate doesn't give an exact explanation on how he does it. There are a few threads and post around that theorize on how he does it, but he won't say anything "in-stone."
https://bitcointalk.org/index.php?topic=91508.0;topicseen
2  Other / Beginners & Help / Re: Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 09:18:40 AM
How it works is:
You register for an account;
Then, after you activate, you visit the deposit page and send at least 0.5 BTC up to 2 BTC.
If you want to get paid before midnight (server-time), you will need to make sure you send it roughly an hour before the payments process (midnight) so the transaction can get at least 6 confirmations and you can start getting the investment payouts.

Pardon me for being a bit of a sceptic but that explanation sounds a bit like Homer Simpson saying "Business plan = Invest money...... Profit!!!!".

I am new to bitcoin's, but not finance.  I would require a bit more of an explanation.  One of the things that I (and others I would imagine) am very weary about is scams.

A poorly written website, no explanation of the "how" you plan on generating the "interest" and a mysterious "MinersFee" don't full me with confidence.

I could be wrong though, so I am asking, how do you generate the "interest"?
Investments are generated through part PPT and part my own personal mining hardware. Like I stated in the original post, this was more of how automation would work in the investment groups.

The Miners Fee is nothing new ( https://en.bitcoin.it/wiki/Transaction_fees ). I agree, it is worded strangely. I actually may have that changed to say "Transaction Fee."
3  Other / Beginners & Help / Re: Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 08:47:39 AM
Yes, but I don't have permission to send PM's or post outside of the newbie section.
4  Other / Beginners & Help / Re: Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 08:38:10 AM
Another bitscalper site? Unless you can prove your reputation/identity here, everyone please do not waste your coins here. Even your whois is cloaked.
I talked to ~3 people about the site, and they said to keep my real identity away from it. If that's what it would take to get people to actually take a look at the site, I'll verify.
5  Other / Beginners & Help / Re: Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 08:25:08 AM
So, I take it there may be some questions or low interest in the site. If so, you can leave feedback; it would be much appreciated.
6  Other / Beginners & Help / Save & Trust | BTC Investment Site w/ Auto Payouts on: July 19, 2012, 07:03:57 AM
NB: I created this account to only give support to save-trust.com.



So, this site is basically like any other investment program for BTC. I don't/can't compete with the other investment sites; I only made this to have fun and test how automation works with an investment site. So, take this as a testing ground for the investment community.

How it works is:
You register for an account;
Then, after you activate, you visit the deposit page and send at least 0.5 BTC up to 2 BTC.
If you want to get paid before midnight (server-time), you will need to make sure you send it roughly an hour before the payments process (midnight) so the transaction can get at least 6 confirmations and you can start getting the investment payouts.

Payout Rate:
The payout rate is currently 0.5%/day, which is equivalent to 3.5%/week. So, maximum you will earn from 2 BTC will be 0.01 BTC/day. Payouts are automatic and happen at midnight (server-time).

Future Updates:
Upon request, we will raise the maximum BTC per account (suggestions for how high, please let us know).

Only invest in what you can afford to loose; which is why we have our minimum as low as 0.5 BTC.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!