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1  Bitcoin / Group buys / Re: [ANN, OPEN] R14x: Intl. Robocoin GB ATM Launch in EU, N America, Feb '14. $123 on: November 04, 2013, 05:37:00 PM
Do I understand this correctly?

If I put in 6 BTC (approx. $1200) now. And the price of Bitcoin rises to $1000 within 2 years, that means you may only pay back 3.6 BTC (which would then be $3600, aka 300% ROI in USD)? This way I would lose 2.4 BTC..

This would mean that if Bitcoin itself rises more than 300% within 2 years, I might lose BTC due to this investment.

Sorry, but you should NOT promise the ROI in USD...

(and how come you are saying this now after having already received investment for the first ATM?)


Dont think its that simple as payments are made fortnightly by bitcoin so will fluctuate with bitcoin value.

Yeah I know but the ROI of 300% is not "guaranteed" this way, it's still possible to lose BTC on this investment if Bitcoin goes way up.
2  Bitcoin / Group buys / Re: [ANN, OPEN] R14x: Intl. Robocoin GB ATM Launch in EU, N America, Feb '14. $123 on: November 04, 2013, 05:12:17 PM
Do I understand this correctly?

If I put in 6 BTC (approx. $1200) now. And the price of Bitcoin rises to $1000 within 2 years, that means you may only pay back 3.6 BTC (which would then be $3600, aka 300% ROI in USD)? This way I would lose 2.4 BTC..

This would mean that if Bitcoin itself rises more than 300% within 2 years, I might lose BTC due to this investment.

Sorry, but you should NOT promise the ROI in USD...

(and how come you are saying this now after having already received investment for the first ATM?)
3  Bitcoin / Bitcoin Discussion / Re: Your Current Fav Exchange (Excluding Mtgox) on: January 31, 2013, 06:22:28 PM
+5
4  Bitcoin / Bitcoin Discussion / Re: Win 10 BTC: Guess the price on February 1st (no entry fee) on: January 23, 2013, 10:29:35 PM
19.4562
5  Other / Beginners & Help / Re: Scammed by TORWallet! on: January 23, 2013, 08:30:08 AM
I made the mistake once to trust a BTC mixing service (though with a small amount) on the darknet. Never again. Just to save newbies time and trouble: They are ALL scams, no exception.
6  Other / Beginners & Help / Re: I dont understand how people can sell BTC on ebay for so much over spot on: January 23, 2013, 08:13:39 AM
Wow I have to try this. Makes sense to me that you can sell BTC way over the market price via eBay because of convenience and because people are already familiar with eBay. And you don't HAVE TO accept Paypal or credit cards (I wouldn't)..
7  Other / Beginners & Help / Re: How did you get your first bitcoin? on: January 23, 2013, 08:04:53 AM
I've acquired them through bitstamp.net with a SEPA transfer. the deposit was free. the EUR to BTC exchange fee was 0.5%. so this is pretty cheap IMO.
8  Other / Beginners & Help / Re: Introduce yourself :) on: January 23, 2013, 08:01:18 AM
I'm a bitcoin enthusiast and soon to release an online accounting software that accepts bitcoin as payment (though the accounting software itself currently wouldn't support bitcoin since it rounds everything to 2 decimals. this could change in the future).

Peace out.
9  Other / Beginners & Help / Re: Newbie restrictions on: January 23, 2013, 07:55:48 AM
I guess it makes sense but annoys the hell out of me right now..
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