Relaunch asap, with fee, and try to get some investors to survive the dip. Reputation will be down, but after a while it will bounce back up, investors will know this, and will take the opportunity to get a piece of the pie. It's a risk inverment, but I'm sure there are ways to ensure their stake in this. Hope you can work things out.
He mis-appropriated user funds. The usual barracudas will be circling, but they know damned will that reputation isn't going to be rebuilt with the person who misappropriated user funds at the helm. They'll want the whole pie, not a part of it. And the "hedging" explanation makes no sense at all. His role was to keep user funds safe. Any risk of users suffering losses due to price movements was not his risk to manage. He was putting user funds at risk by using them to trade and especially by using them for shorting. He was not hedging anyone's risk except perhaps his own and nor was it his role to do so. He was straight out gambling with other people's funds and would likely have lost them regardless of what happened with Bitcoinica. I'm surprised he didn't "invest" user funds with pirate to offset the Bitcoinica losses given howwell thought out his "hedging" plan was.
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Unfortunately I was a little bit too optimistic on that 2 weeks forecast. We plan to use the personal information to collect the debts but we cannot simply hand it to lenders (as much as we sometimes want to do it).
I've just updated the service numbers:
loans: 312 total payments: 1463 payments late: 333 fully repaid loans: 155
We have a repayment rate of 77.23%
This doesn't look like a "scammer heaven" at all.
The listings are as good as the borrowers who make then, as far as censoring the "scammy" listings we are not sure about that.
You have a default rate of almost 23% which would be devastating to most businesses. The amount of repayments not made as a proportion of the total amount loaned may show an even worse reality if people are defaulting early in their loan cycle (as I suspect is the case). I am absolutely stunned that you would launch without a concrete plan for recovering funds given that you're facilitating high risk loans and should have assumed a significant default rate at the outset.
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Zeek Rewards required people to spam ads for penny auctions. I'd have expected traces of that to show up on the family's social networking sites if they were Zeek Rewards affiliates but all anyone ever found was a mention of Zeek Rewards by his wife.
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Is this guy charlie sheen ?
If you're going to rip people off, you might as well spend the proceeds on living the high life before the authorities catch up with you.
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Wow this is definitely the juiciest thing about Shavers that's come out for a long time.
The safety deposit part doesn't ring true to me though. I honestly don't think he could have made that much money. Plus that bit about palladium being "better" than platinum is weird. Palladium is worth a good bit less than platinum. Still pretty valuable, but it's weird to even mention it though, and even weirder if true. Why would he diversify into palladium? Can anyone who knows more than me about investing in precious metals think of a reason that someone would do that?
Very interesting stuff and thank you for sharing it. Maybe it's all bullshit but it was still fun to read.
The palladium thing is a "cool kid" thing. Everyone's heard of platinum these days and lots of people have platinum jewellery. Palladium still seems a bit more exotic in some circles.
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I wouldn't be surprised if Dank is a goon's alter ego. I'm surprised they haven't figured out who I am at SA.
You need to spend more time in e/n, Phinn. You'll quickly discover that the majority of apparently fucked up people posting online are indeed fucked up and not gimmick posters. If dank's a gimmick, he's a low effort one and not going to go down in SA history.
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You should be able to check the cost on their website. http://www.minuteclinic.com/services/$79-$89 for a minor illness/injury exam is not cheap. It looks like they're more about providing walk-in health care for minor stuff outside of standard hours than they are about making healthcare cheaper. Going back a decade or so, a few doctors tried to launch 24/7 medical centres here and they failed spectacularly. Even though most doctors here have a locum service which will do after hours home visits, people are still inclined to either wait stuff out if it happens out of hours or regard it as "urgent" and use the emergency room. The minute clinics sound OK for stuff which doesn't require seeing an actual doctor, but I guess people need to decide in advance that they probably don't need to see a physician before they'll choose to use a minute clinic (I wonder whether there'd be an insurance hassle if you did need to go and see a physician because the minute clinic couldn't handle your condition - would your insurance pay for both visits).
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My theory is that somebody created this Dank account hoping it would outdo the Pinkie Pie episode.
Right now that somebody still owes people on here money so the question isn't simply whether they're a troll which has been maintained for over a year but whether they're also a scammer.
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How much money have members of the community given this dank guy? I rarely venture into this neck of the bitcoinforum woods, but this has to be one of the more amusing finds for sure. A thousand dollars squandered? Surely no more than that?
If his OP's accurate, he currently owes about 77 BTC plus interest.
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100 miles is a long way to go when a dude kicks in your door screaming "WHY WON'T YOU LOVE ME?".
Hopefully they're both heading home to their respective families for the holidays and there'll be responsible adults around to intervene if shit gets (more) crazy. If she's managed to avoid talking to him for the last two weeks, she's obviously doing something right in terms of not enabling his obsession.
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For what it's worth, my mobile phone sometimes switches towers when I'm just chilling around at home for some reason I don't entirely understand and my mobile broadband connection frequently switches in response to network congestion.
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i'm legitimately concerned for dank and this girl that hes stalking.
Fortunately he only moved 100 miles away from home. Hopefully he still has enough contact with his family that they'll realise something's wrong when he starts melting down.
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GeoIp tracking puts that IP in Bedminster, NJ.
Weird, it came up as Kansas for me using a different geolocator. Made me wonder whether Kansas is two hours from Dallas where the Rolex was purchased (dank said his "friend" lived two hours away).
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Waiting for the segue into "can't pay back what I've borrowed until after my parents give me money for Christmas because I blew everything trying to impress a girl".
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We've got another 1,008,000 days before the mayan calendar finishes, also when your calendar runs out you just buy a new one, it doesn't mean the world is ending.
At least people who follow the Gregorian calendar get to party like there's no tomorrow once every 365/366 days.
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Is it enough if I say I want it!
Nope. Not for concerts or for true love, I'm afraid. I doubt dank even understands why his post is creepy as fuck.
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I haven't talked to her in a couple weeks. Tomorrow, we'll reunite. She can't run from the truth for much longer.
Guess we'll see a murder-suicide in the papers tomorrow. At least you didn't tell him to sever...
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21 December is one third of the way through here. I guess the "world-wide wave of love" missed Australasia.
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After talking with our liaison tonight and still having not received a final confirmation date, we were as tired of this as everyone else is, so we continued to push for a date and they gave us 30 days from today. That's my update. It's an update I'm not happy about at this point and it may very well be that things will wrap up sooner than that. I am hoping I was just given a date that they would be sure to be ready by so we would get off their case. When pressed for a reason why, I have been told that because this is a very dense, hand routed planet they are afraid of making a mistake and have required extra checking and sign offs which has slowed down the whole process considerably. They don't want to be on the hook financially for having to redo the whole apocalypse. It sounds reasonable to me and I have no reason to doubt this, but it doesn't make it any more palatable at the moment.
That said, after reviewing the new information coming out of the Eschaton camp and the Armageddon camp, I'm pretty convinced we won't see the end of the world on their current timelines either.
Well played.
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