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1  Economy / Securities / Re: [BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC on: January 09, 2014, 09:42:28 AM
the problem is i am not on the list.
i had 6 shares. i have transferred them to coinlenders but it i got nothing.
my address is 1bbxx....

sad story.


Assets Transfered to Issuers
Asset    Amount
BTCINVEST    6

I would be able to make a more accurate list reversing transfers to TF.
Everyone seems to be in agreement that he paid out nothing to anyone.

-Ukyo

I had 100 shares that aren't listed there either.
2  Economy / Securities / Re: Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 29, 2013, 07:38:22 AM
If bitcoin prices surge dramatically upward, this bond will default. For reference: every interest paying BTC bond ever. These type of investments require BTC price to be stable or losing fiat value. Want to make 12%? Sell your coins and wait until all the Chinese exchanges shut down at the end of January. Then buy at least 12% more BTC.

I think you are misunderstanding how this works. All investments are made in bitcoin, there is no FIAT risk. Bitcoin's value vs fiat is completely irrelevant for these bonds and our investment fund.

The people "investing" in you are also making their investment directly in bitcoin, with no fiat exposure.  Unfortunately, both fiat and underlying assets enter into the picture at some stage, that's what makes this untenable.  It's not turtles all the way down.  Of course, empirical data confirms:

If bitcoin prices surge dramatically upward, this bond will default. For reference: every interest paying BTC bond ever...


This fund has no fiat exposure. I can repeat it again if you like.
3  Economy / Securities / Re: Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 22, 2013, 04:03:53 AM
If bitcoin prices surge dramatically upward, this bond will default. For reference: every interest paying BTC bond ever. These type of investments require BTC price to be stable or losing fiat value. Want to make 12%? Sell your coins and wait until all the Chinese exchanges shut down at the end of January. Then buy at least 12% more BTC.

I think you are misunderstanding how this works. All investments are made in bitcoin, there is no FIAT risk. Bitcoin's value vs fiat is completely irrelevant for these bonds and our investment fund.
4  Economy / Service Announcements / Re: CoinJar - Australia's first VC-backed Bitcoin startup on: December 20, 2013, 07:25:17 AM
Can someone from coinjar pls PM me regarding a transaction I am trying to do that requires human intervention? Want to use coinjar to trade but need something done first.

Coinjar will make $1k commission from me, so please pm me Smiley
5  Economy / Securities / Re: Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 17, 2013, 08:46:10 AM
Can you guarantee that I will lose most if not all of my investment?  This is the standard for BTC securities and I don't want to deviate from this.

Hehe, indeed it is.

As stated above, these bonds are simple products and are guaranteed. The return is a sane 12% per year, and will be paid on time, and in full, as well as your initial face value.
6  Economy / Securities / Re: Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 02, 2013, 11:32:42 PM
You'd probably want to say more about BTC-EQTY or at least link to https://bitcointalk.org/index.php?topic=258913.0 https://bitcointalk.org/index.php?topic=260986.0

The old bonds product you linked is no longer available - I don't want to confuse people.
If I understand correctly, you want to do the same thing as with BTC-EQTY but pay out a flat interest.

What is your rescue plan in case your holdings dramatically loose value? How are you going to repay creditors?

There are substantial BTC cash reserves (unexposed to any risk) leveraged at 25:30 ratio (almost 1:1) at full bond subscription. There is also a limit on bonds, meaning that this ratio disparity cannot exceed that. 

In other words, we have cash reserves alone almost equalling the total bond issuance. That's not even including our other assets, which are several times greater. Future bonds won't have such good leverage, but I'm playing it safe to start.
7  Economy / Lending / Make a stable 12% interest ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 02, 2013, 07:07:37 AM
I am selling 60 day bonds to investors, with a guaranteed return of 12% APR/Interest rate. All bonds are 100% backed by BTC-EQTY's assets, and will always be paid in full. There will be a limit of 300 bonds total on issue.

How it works:
Think of it like a secured loan, but you're the bank. When you buy the bond(s), you will receive a fixed 12% interest rate on that bond. Upon expiry of the bond's duration (60 days), you will automatically receive 100% of the money you paid for the bond (the face-value) and your 12% interest. It is extremely safe and you will always receive your entire investment + interest.

Each bond costs 0.1 BTC. Base APR rate: 12%
Receive the following amount of interest as soon as you buy the bond.
60 day = 0.002 BTC interest per bond, total payout = 0.102 BTC per bond after 60 days.


When the bond duration expires, the bond will be bought back immediately, releasing your initial investment back to you. Your funds are secured by BTC-EQTY, so you will always be paid out your entire investment. So if you want a safe and guaranteed return on your investment, this is for you.

Upon purchasing a bond, you will be asked to provide a wallet address where your interest and bond buy-back funds are to go. Please ensure this is 100% correct, as lost payments to invalid wallets cannot be reimbursed.

There is a limited amount of bonds on issue, a total of 300 units of bonds available for purchase. Future bond releases may happen.

Can I sell my bonds to other people?
Yes, but because the bond periods are relatively short periods of time, most people won't need or want to. If you really want to sell a bond to someone (someone may be willing to pay a premium as they are limited) you can, but there is a 5% transfer fee that is deducted from the bond-buy back to cover the administrative tasks of changing the bond registration details.

Can I sell out of the loan/bond prematurely before the bond period matures?
No, bonds are completely fixed upon their respective duration's.

Can I lose any money?
Your loan is secured by BTC-EQTY, a fund that has more than enough assets to cover bond payments. Your bond will always be bought back at the issued price + interest.

Why are you giving free money away? That sounds fishy.
Our investment fund invests in activities that generate revenue from higher-risk investments that we make. Issuing of bonds helps us make these investments more lucrative.

Is there a catch?
There are no downsides to the bond holder. You WILL earn your interest , and get your loan/bond payed back after the duration ends.

What kind of person would these bonds suit?
These bonds suit people who are not looking for get-rich-quick schemes and want a stable and safe investment for their bitcoins. Most investors have been burned by riskier options, such as Mining securities, Coinlenders and other higher-return unsafe options. This is for people who just want to make a steady stream of income with maximum safety.

A lot of sites are getting hacked, I am afraid to give anyone my money. Is this safe from hackers?
These bonds are all processed manually, there is no server/backend doing automatic transactions. In other words, your money is not exposed to exchanges, online wallets, web-sites etc. like those other sites were. It is as safe from hackers as direct ASICMINER shares.

What happens if BTC-EQTY makes bad investment decisions and doesn't have enough capital to pay back the bonds?
There is a limit on the amount of bonds BTC-EQTY is issuing. This is to ensure that we have enough money to always pay back bond-holders and the interest they are due, and not over-leverage our portfolio. BTC-EQTY is a well-run fund with risks taken in to account and is highly diversified. We have cash holdings that are not exposed to any kind of risk, as well as other classes of safe assets. We always take the side of caution. We have set aside capital to ensure that bonds can always be paid out, and on time.

[Insert site here] is offering more than 12% return, why should I buy your bonds?
You only have to look around for a few minutes to see what the fate of those other "businesses" offering high-returns. They almost always result in the person losing money, rather than making money. We offer a truly safe product that doesn't cause our investors to lose money. We won't offer ridiculously high returns that are unrealistic and unsustainable.

EXAMPLE: John buys 10x 60 day bonds for 0.1 BTC each (1 BTC total). He sends the payment to BTC-EQTY bond issuer. After 60 days, John receives his interest of 0.02 BTC plus his initial 1 BTC that he used to buy the bonds and the deal is complete. John has turned his 1 BTC investment in to 1.02 BTC.

To buy bonds, PM me with the number of bonds you want to buy. There will be only 300 bonds on issue at this time and I expect them to sell out very quickly.
8  Economy / Securities / Re: Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 02, 2013, 02:31:14 AM
You'd probably want to say more about BTC-EQTY or at least link to https://bitcointalk.org/index.php?topic=258913.0 https://bitcointalk.org/index.php?topic=260986.0

The old bonds product you linked is no longer available - I don't want to confuse people.
9  Economy / Securities / Make a stable 12% ROI Guaranteed - BTC-EQTY Bonds *LIMITED QUANTITY* on: December 01, 2013, 02:08:37 AM
I am selling 60 day bonds to investors, with a guaranteed return of 12% APR/Interest rate. All bonds are 100% backed by BTC-EQTY's assets, and will always be paid in full. There will be a limit of 300 bonds total on issue.

How it works:
Think of it like a secured loan, but you're the bank. When you buy the bond(s), you will receive a fixed 12% interest rate on that bond. Upon expiry of the bond's duration (60 days), you will automatically receive 100% of the money you paid for the bond (the face-value) and your 12% interest. It is extremely safe and you will always receive your entire investment + interest.

Each bond costs 0.1 BTC. Base APR rate: 12%
Receive the following amount of interest as soon as you buy the bond.
60 day = 0.002 BTC interest per bond, total payout = 0.102 BTC per bond after 60 days.


When the bond duration expires, the bond will be bought back immediately, releasing your initial investment back to you. Your funds are secured by BTC-EQTY, so you will always be paid out your entire investment. So if you want a safe and guaranteed return on your investment, this is for you.

Upon purchasing a bond, you will be asked to provide a wallet address where your interest and bond buy-back funds are to go. Please ensure this is 100% correct, as lost payments to invalid wallets cannot be reimbursed.

There is a limited amount of bonds on issue, a total of 300 units of bonds available for purchase. Future bond releases may happen.

Can I sell my bonds to other people?
Yes, but because the bond periods are relatively short periods of time, most people won't need or want to. If you really want to sell a bond to someone (someone may be willing to pay a premium as they are limited) you can, but there is a 5% transfer fee that is deducted from the bond-buy back to cover the administrative tasks of changing the bond registration details.

Can I sell out of the loan/bond prematurely before the bond period matures?
No, bonds are completely fixed upon their respective duration's.

Can I lose any money?
Your loan is secured by BTC-EQTY, a fund that has more than enough assets to cover bond payments. Your bond will always be bought back at the issued price + interest.

Why are you giving free money away? That sounds fishy.
Our investment fund invests in activities that generate revenue from higher-risk investments that we make. Issuing of bonds helps us make these investments more lucrative.

Is there a catch?
There are no downsides to the bond holder. You WILL earn your interest , and get your loan/bond payed back after the duration ends.

What kind of person would these bonds suit?
These bonds suit people who are not looking for get-rich-quick schemes and want a stable and safe investment for their bitcoins. Most investors have been burned by riskier options, such as Mining securities, Coinlenders and other higher-return unsafe options. This is for people who just want to make a steady stream of income with maximum safety.

A lot of sites are getting hacked, I am afraid to give anyone my money. Is this safe from hackers?
These bonds are all processed manually, there is no server/backend doing automatic transactions. In other words, your money is not exposed to exchanges, online wallets, web-sites etc. like those other sites were. It is as safe from hackers as direct ASICMINER shares.

What happens if BTC-EQTY makes bad investment decisions and doesn't have enough capital to pay back the bonds?
There is a limit on the amount of bonds BTC-EQTY is issuing. This is to ensure that we have enough money to always pay back bond-holders and the interest they are due, and not over-leverage our portfolio. BTC-EQTY is a well-run fund with risks taken in to account and is highly diversified. We have cash holdings that are not exposed to any kind of risk, as well as other classes of safe assets. We always take the side of caution. We have set aside capital to ensure that bonds can always be paid out, and on time.

[Insert site here] is offering more than 12% return, why should I buy your bonds?
You only have to look around for a few minutes to see what the fate of those other "businesses" offering high-returns. They almost always result in the person losing money, rather than making money. We offer a truly safe product that doesn't cause our investors to lose money. We won't offer ridiculously high returns that are unrealistic and unsustainable.

EXAMPLE: John buys 10x 60 day bonds for 0.1 BTC each (1 BTC total). He sends the payment to BTC-EQTY bond issuer. After 60 days, John receives his interest of 0.02 BTC plus his initial 1 BTC that he used to buy the bonds and the deal is complete. John has turned his 1 BTC investment in to 1.02 BTC.

To buy bonds, PM me with the number of bonds you want to buy. There will be only 300 bonds on issue at this time and I expect them to sell out very quickly.
10  Economy / Securities / Re: [BitFunder] - KENILWORTH - Real World Mining Opportunity with Bitcoins on: November 12, 2013, 10:04:53 PM
As usual, people didn't heed my warning. Good luck getting your money back.
11  Economy / Service Announcements / Re: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred on: November 07, 2013, 11:08:38 PM
lol @ all the people who lost less than 0.01 btc being furious and spamming this thread as if someone abducted their first born.
12  Economy / Service Announcements / Re: Inputs.io | Instant Payments, Offchain API, Secure Wallet, 235k+ BTC transferred on: November 07, 2013, 06:05:27 AM
Inputs is dead and you'll need to find a new service provider. I don't recommend storing any Bitcoins accessible on computers connected to the internet.

What about CoinLenders?  Is that dead too?

Just received an email about my coinlenders coins.

Hi,

This claim involves CoinLenders which will be handled soon. Due to major hacks, Inputs does not have enough BTC to repay everyone fully which has also affected CoinLenders. If you have had balance shown on Inputs.io, we're dividing up the coins we do have left based on a sliding scale, and have sent it to the specified address. On your Inputs account, your balance should have flipped to the negative to indicate you've received a refund.

We apologize sincerely for the lost Bitcoins. It's been a very hard lesson for us, and we're sorry that we have to pass it onto our users. Please respond to the email if you have any queries.


Lol, it affected CoinLenders too?  what a magical "hack" that was.

Funny thing is this scammer is going to send back a percent of the coins to try and scam again later.

Funny if it will work again. After all Nefario is setting up and exchange. Amir is doing some wallet and Zhou hacked himself twice.

BTC land sure is funny.

Just going to interject here and explain to you that you are a moron.

If you honestly think TF is scamming, you are either:
a) Incredibly stupid (likely)
b) Ignoring many simple facts, such as TF still posting here and sending out refunds.

If this was a scam, he would have disappeared. Secondly, of course CL and IP are linked, how is that so hard to believe?

In closing, you are moronic, and have no idea what you are talking about.
13  Economy / Securities / Re: [Smidge.Com] - A virtual, actively managed, multi-asset digital currency fund on: October 29, 2013, 03:14:28 AM
Smidge did you go from 500 BTC NAV to 70 BTC?
14  Economy / Securities / Re: [BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC on: October 28, 2013, 11:11:32 PM
I am a shareholder.

Why does the distribution have to be through coin lenders?

Surely you can just transfer the required number of bitcoins as a regular transaction?

I assume TF is not going to just firesale the funds assets, so it makes perfect sense why he is doing it this way. It sounds like he wants to gradually wind it down and get maximum value from the assets and slowly distribute the funds.

It is in shareholders interests to do it this way. Liquidating assets in 1 day will mean bigger losses for shareholders.

Ps. TF let me know on skype if you want to offload some AM shares to me.
15  Economy / Securities / Re: [CryptoStocks] Satoshi Poker performs a buyback of shares and performs a new IPO on: October 28, 2013, 10:43:47 PM
We have fixed the player counter and the number of players are now correctly shown at the site again


Translation - "We have re-adjusted the counter back to show the real number of players online, rather than 10x the actual number that we put in to make our website look like its successful. There are still 0 players playing though."

Seriously - I'm going to say it so that people don't unknowingly throw their money away - Your site has had the same number of "players" (also known as inactive connections) for the last 3 months. You still value it at a ridiculous amount. You have nothing here, you have no player-base. You have cooked up numbers to help paint the illusion that the site is successful. You got caught inflating player numbers by a factor of 10. You continue to value your company at the $million+ level when you have absolutely nothing.

This is a classic case of mutton dressed as lamb. If you put money in this, you are a fool. I said the same about Sandstorm, and I'm saying the same about this.
16  Economy / Auctions / Re: Buying ASICMINER shares, Flat price on: October 20, 2013, 10:03:23 PM
haha trying to get your awesomely performing 'fund' off the ground?  Grin

no one is going to sell that low at this stage i'm sorry to tell you.

I've already bought 55 shares as of today, actually.
17  Economy / Auctions / Buying ASICMINER shares, Flat price on: October 20, 2013, 09:34:03 AM
I am buying as many ASICMINER shares as offered here for 0.3BTC per share flat rate. If you are a Bitfunder user wanting to off-load your shares, I accept internal asset transfers, also accepting direct shares.
18  Economy / Securities / Re: [CryptoStocks] Satoshi Poker IPO on: October 19, 2013, 01:38:20 PM
A $4,000,000 valuation...?

Really?

What on earth compelled you to come here (again) and offer the most ridiculous valuation we've seen in a long time?

You keep burning your reputation with investors by conducting such ridiculous offers. Funny thing is I think you likely would have recieved a good amount of investment if you didn't keep coming here with your utterly delusional ideas that your site is worth $4m when it averages 20 players (most of which aren't even playing most the time).

My advice - if you need cash and want to grow your site aggressively, don't come asking for gold and offering a dried turd.
19  Economy / Securities / Re: SANDSTORM: - A Collective Investment Vehicle for BTC. - on: October 10, 2013, 10:08:57 AM
There is certainly a large number of morons posting at the moment. While Jmutch was the last person who should be investing other people's money, people who lost money in his fund lost it because they made a terrible decision to buy in to jmutch's sh*tty fund, even after I gave several warnings before the IPO. He didn't scam you, you scammed yourself for not doing your due diligence.

In short, calling ASIC over this makes you an imbecile who should keep their money in the bank and never ever try to "invest" in anything. Don't be a sore loser, you made a bad choice and you lost. Take the loss and get over it.
20  Economy / Securities / Re: [BTC-EQTY] Version 2 - An Investment fund with proven returns! on: October 09, 2013, 02:39:29 AM
Just a quick note to confirm that BTC-EQTY does not have any exposure to Bitfunder. Our BTC-TC assets will convert to direct shares.

Sorry to be off topic. Deprived, may I ask whether you will plan to create a new fund, or maybe you think there's no good chance to invest at the current stage? Thanks.

Investment-wise there's a few worthwhile investments around (none of them mining BTC as primary income source) - but not enough for me to want to run an investment fund (I wasn't running one anyway).  Trading has always been where the profit is - simply because making a profit investing requires good underlying investments, whilst trading doesn't.  When most securities are shockingly bad it's hard to make a profit from relying on the security actually performing well - far easier to rely on stupid market participants of which there's no shortage.

While I agree with most of that, some users (or customers) don't want to have to know about how the investments work, what is available, what the risk is etc. For that, even sticking cash in a CL account and charging a small fee is not as unreasonable as it sounds. But obviously that would make for a lazy and bad fund manager.

Then again, how many people who bought in to sh*tstorm and smidge's fund wish that those funds just threw the money in CL.
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