150 BTC???
huh? if you want to lend 150 BTC, sure. I can give you 0.9 a day for 150. |
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Look, bottom line is that I'm offering an interest rate second only to pirate, and insuring your loan too. Are you interested?
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Ok, I've just updated the interest rate. Now it's 1.5 BTC a day. Anyone?
17RiZ1eaAB9e29kuTxTh8UdPyWSiisAyaZ
Not right now, bitcoins are occupied. But thanks for the clarification. No problem  Anyone else have any questions? |
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In any case, I don't think that once you have an account you can just throw any amount of money into it and expect interests, makes no sense at all.
Actually, I think that's pretty much it. It's a matter of time until someone comes here with a proposal like this: I am an early pirateat40's lender so I will rent my account to you at X% interest  Exactly. The proposal is fucking obvious. However, I don't see why you people are objecting to this... there are people asking for much lower interest rates who have gotten loans. The method I use to pay your interest should be irrelevant If you are less of a risk than loaning directly to pirateat40 then what you say is true. However, it is not obvious that you are. I see that other people have gotten loans so that they can loan to pirateat40, are they less of a risk that lenders should take a haircut in interest payments? I am less of a risk, because I have money coming in and because both I and pirate can pay you back. Essentially, you are diversifying your risk and paying me for the insurance. You never know whether the other lenders are loaning to pirate or not. What if ThiagoCMC were lending to pirate? He'd make a tremendous profit on his 200 BTC loan. It appears mentioning pirate at all was a mistake. Look, bottom line is that I'm offering an interest rate second only to pirate, and insuring your loan too. Are you interested? --- Ok, I've just updated the interest rate. Now it's 1.5 BTC a day. Anyone?
17RiZ1eaAB9e29kuTxTh8UdPyWSiisAyaZ |
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Soon they'll be forcing us to use credit cards...
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In any case, I don't think that once you have an account you can just throw any amount of money into it and expect interests, makes no sense at all.
Actually, I think that's pretty much it. It's a matter of time until someone comes here with a proposal like this: I am an early pirateat40's lender so I will rent my account to you at X% interest Exactly. The proposal is fucking obvious. However, I don't see why you people are objecting to this... there are people asking for much lower interest rates who have gotten loans. The method I use to pay your interest should be irrelevant |
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Update: You can loan a smaller amount, and be paid the proportional amount in interest. Just thought I'd make that clear.
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So, basically, by lending you the coins, you're indirectly kicking someone out of pirate's program?
That makes no sense.
Sorry you feel that way. But according to the current rules, it's fine with pirate and definitely beneficial for people who want to deposit right now, so whatever. It's sort of a tradeoff... lower interest rates for guaranteed room in the program. |
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Hmmmm. These details are not in his original post. Can you point me to the location of this disclosure?
Also, in the event that I exceed my threshold of coins on incoming deposits I'll be manually making withdraws of principal and interest based on the age of your account. Seniority rules and those accounts with a shorter age date will be liquidated first.
There you go I appreciate you helping me in my complete lack of understand of his lending program. Sorry to derail your thread. Aww, thought I had a lender   |
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To be clear, you are implying that you have some type of special relationship with pirateat40 that is not advertised on his thread to get these coins into his program?
I am an earlier depositor. Earlier depositors push out later ones when they deposit. Hmmmm. These details are not in his original post. Can you point me to the location of this disclosure? Also, in the event that I exceed my threshold of coins on incoming deposits I'll be manually making withdraws of principal and interest based on the age of your account. Seniority rules and those accounts with a shorter age date will be liquidated first.
There you go |
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Ok lets get the low bids out of the law. $200. (on edit: should be "way" not law not sure how I fragged that so bad)
Where were you during this, Mr. Deep Pockets? $210... Ouch. Never saw that auction however I could say the same thing to you. wow.... terrytibbs made a nice profit there |
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I apologize in advance if there is an obvious obvious answer to my question.
Why would someone loan you 250 btc to get paid 1 btc per day in interest when they can loan the funds directly to pirateat40 and make 2.5 btc per day?
Because pirate has 0 BTC storage available. To be clear, you are implying that you have some type of special relationship with pirateat40 that is not advertised on his thread to get these coins into his program? I am an earlier depositor. Earlier depositors push out later ones when they deposit. |
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Basically, someone owes me around $1k, and I will repay you when I get paid the $1k (within the next month). In the meantime, I will be earning some interest in pirate's lending program to "hedge" against BTC price growth (well, it's not the most direct hedge, but whatever), and will pay you part of that interest (about half).
I apologize in advance if there is an obvious obvious answer to my question. Why would someone loan you 250 btc to get paid 1 btc per day in interest when they can loan the funds directly to pirateat40 and make 2.5 btc per day? Because pirate has 0 BTC storage available. edit: Also, even if he had storage available, when the earlier depositors put in their money, you'd get squeezed out. In addition to this, diversification of risk is good: I hereby give pirateat40 full permission to pay out the money from my BTC lending account if I disappear, try to scam people, etc. and do not pay back the money and interest. |
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bitcoin gambling is so damn dead these days Seems like BTConTilt is just one instance of that. You used to be able to essentially mine without rigs with ponzi... you'd get the equivalent of 10 GH/s by just playing Bitcoinduit and making rounds. It took 10 minutes a day, and you'd see the money the next day. Ah the good ol days. Back when I would make a round.....deposit from 15 diffrent address really quick, get my 15% and start over again the next day. I heard you were rather successful with ponzi xD I do know that when the source came out, I looked in getStatsByIP.php or whatever it was, and some people made around the equivalent of 10GH/s (or more) just making rounds every day... |
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I need this loan because someone owes me some money but I want to earn interest on it in pirate's program. wuh? Basically, someone owes me around $1k, and I will repay you when I get paid the $1k (within the next month). In the meantime, I will be earning some interest in pirate's lending program to "hedge" against BTC price growth (well, it's not the most direct hedge, but whatever), and will pay you part of that interest (about half). |
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Pretty nice press lately. Bitcoin is proving that it's not going anywhere, that it's just getting started. This is basically what I've been saying for a long time, now we are starting the slow gradual process of convincing the skeptics.
This process has just started, reading comments from the numerous articles lately lead to the conclusion that even among the tech-minded, a good number of people are still totally clueless of Bitcoin and the revolutionary potential it has.
My own view is more bullish than ever. From a technical price standpoint and most of all, because I love Bitcoin. I want to keep a portion of my wealth as bitcoins. In fact, I decided today that I will increase that portion by a few percentages. I feel it's a good idea right now.
yes, me too. i spent the last week taking a break from my blog to accumulate even more Bitcoin. at these prices how could i not? Though I believe we will definitely have a reasonably large correction soon (that's just how markets work...), I'm with you. We'll see triple digits in 2013, if not 2012 |
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Hi everyone, I need a 250 BTC loan. I will pay you 1.5 BTC a day in interest I will pay 0.5% interest daily, compounded, but I will pay the entire sum I owe you back to you within a month of when you make the loan (meaning that you don't get the interest until I pay it to you, and I will pay the interest together with the principal). I haven't done many deals in the past, but I have handled sums of money as large as 200-300 BTC before on Bitcoinduit when I was running it (from October to mid-November) and have never stolen any (just ask any of my happy players who have always gotten paid instantly ). Also, pirateat40 can vouch for my integrity (I bought BTC from him, Paypal froze my account based on BS, and I returned the BTC when he requested it). Pay here: 17RiZ1eaAB9e29kuTxTh8UdPyWSiisAyaZ I need this loan because someone owes me some money but I want to earn interest on it in pirate's program. |
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the fuck, another rally!?
making me confused... maybe this is III after all
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Hey,
Ok. How about 5 BTC? This way I know you do a good job! We will feature you on BitInstant.com
5 BTC sounds great! I'm planning on doing this in a mall, which is very crowded, all the time. Also, should I use spray paint, like you said, or should I just write in big sharpie letters? Spray paint might not be very legible. Should I strip down to my boxers, and write bitinstant on my legs too? Or is taking my shirt off enough? I'll try to get this done in the next few days, hopefully tomorrow. It just depends on when my friend (Who has the good camera) can do it. EDIT: My friend pointed out that this could get me arrested in the mall, so I'll probably do it downtown instead. Marker in big sharpie letters is fine, no need to defile your body with spray paint! I leave the other ideas up to you, but more points for more effort! Also, please don't do anything that will get you arrested. Hey, what happened to my video, still being done? It'll get done. I'm just waiting on my friend (Who's not being very reliable.) I tried to do the stapler video today, but the quality sucks because I used my phone instead of my friends camera. I can still upload it if you want, boonies4u. But I'm going to redo it, anyways. ouch, redoing it. |
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My analysis is based on these points: 1. Elliott waves. I have a feeling that what we just experienced (1 month long rally) might've been II.b.1 (or however you say it). Of course, Elliott waves are rather unreliable. 2. RSI at 70 for a while. 3. Daily parabolic SAR, a reliable indicator of massive selloffs, is approaching the price. Last three times this happened: (a) August selloff. $13 -> $5.7 (b) Early September selloff. $8 -> $4.2 low (c) Mid-November selloff. $3 -> $2 Yeah, yeah, sample size 3... but it's hard to get a larger sample size in the larger movements of Bitcoin markets Also, it changes rarely, but when it changes, it has predicted 33-60% decreases, which is pretty damn interesting, if not completely predictive, in my book. 4. It's gone up, up, up for a month... it's simply time for a correction, which we haven't had on a large scale yet. so you think we are on a downtrend still or an uptrend like you said on another thread? II.b.1 being the wave you think we are in.. but it's unreliable.. Maybe you have some bids up? I've actually reevaluated my count. I don't think it's III anymore, because it's entirely possible that netrin's count was actually wrong but this is still II.b. I was led to believe that it was III through a false dichotomy that I established for myself, unfortunately. Now that all the major indicators are saying it's overbought, I think the correction might come soon. |
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My analysis is based on these points: 1. Elliott waves. I have a feeling that what we just experienced (1 month long rally) might've been II.b.1 (or however you say it). Of course, Elliott waves are rather unreliable. 2. RSI at 70 for a while. 3. Daily parabolic SAR, a reliable indicator of massive selloffs, is approaching the price. Last three times this happened: (a) August selloff. $13 -> $5.7 (b) Early September selloff. $8 -> $4.2 low (c) Mid-November selloff. $3 -> $2 Yeah, yeah, sample size 3... but it's hard to get a larger sample size in the larger movements of Bitcoin markets Also, it changes rarely, but when it changes, it has predicted 33-60% decreases, which is pretty damn interesting, if not completely predictive, in my book. 4. It's gone up, up, up for a month... it's simply time for a correction, which we haven't had on a large scale yet. |
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