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Brunic,
I agree with 100% of what you said.... right down to the reasoning of why to invest with BTCST.
I would also like to point out that it is much different to work that business model than to liquidate your entire holdings in a week.
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I find this information useful as I can not hang out on irc at the moment.
Thanks.
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What will be interesting now is what he does with what he believes to be profits from an illegal venture.
Note that Sept. 9th is "sometime in September" Anyone wanna make a bet?  What is sept 9? I think we've had enough of the scams, tricks, lies, thieving, etc, and I'm glad my bet has already served many of it's multiple purposes. Can't wait until September 9th.
Matt's bet resolves. Duh, thanks. |
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What will be interesting now is what he does with what he believes to be profits from an illegal venture.
Note that Sept. 9th is "sometime in September" Anyone wanna make a bet? What is sept 9? |
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Enter "Stop Cheating" in the client seed.
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What will be interesting now is what he does with what he believes to be profits from an illegal venture.
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Looks like pirate has added a script to IRC:
<@Pirateat40> Total Accounts Repaid: 22/459 (Subject to require information)
Make of that what you will.
Is that #btcst. ? It always happens after I leave! |
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Seriously Phinn? Weatherford? They are HUGE in the oil/gas area... the fact they have ties in other energy companies or in TX is not really a surprise. |
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"i'll invest $1 and in 7 years it'll be 49 billion!"
1.07^(52*7) = 49 billion
This statement bothers me.... pirate *never* said it would last that long. |
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It's concerning that paybtc isn't explicitly stating that any payment will go first to repay principal (total deposits - total withdrawals) first before any "interest" is paid. In this case, the "interest" was just the btc of the new depositors.
In the event that paybtc did a straight percentage based payout across all his accounts just based on the current balance he would be running his own ponzi scheme.
This too could be the motivation in not handing over the details. The only reason to hide the details of a sub account would be if that sub account had withdrawn more than it had deposited and therefore revealed the location where other peoples btc went.
actually, i have already stated that. sorry this thread is so disorganised. don't really have much time to write an essay in the OP. i originally wrote the order of the payouts: - those that requested withdrawals before BST closed. - principal balance up until bst closed, in order of user id (account age) - interest accrued after bst closed, in order of user id (account age) all that pretty much assumed full payout. if there's a partial payout, and funds are distributed via a %, then it doesn't matter if interest+principal is paid in one tx or two, it'll still add up to the same amount. To clarify: If there is a partial payout (which is looking more and more likely) are you saying that all previous withdrawal requests will be canceled and account balances paid proportionally? |
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Submitted. Thanks for doing this ErebusBat - I know most likely nothing will come of it but as you said, it is better to at least try.
No problem... thanks for the support. |
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Playing around some more... I think it would be helpful to know how much you have on the table.
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But why the negativity?
That is what happens here..... "Oh look at this dumbass... let's tell him how big a dumbass he is!" |
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Not sure if that is a serious compliment or a subtle dig  |
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That's true. The thing is though, that I imagine IP connectivity opens up a lot more potential attack surfaces than a USB connection. I mean, any program on the key box listening for incoming connections will suddenly be an attack surface. And it's really hard to control which programs do this; a lot will. With the device acting as a USB client this won't be an issue. You can't - not as far as I know at least - "listen" for connections via USB, and so, there will only be one central point - one attack surface - that we need to secure, which is the USB driver and the program that communicates over this connection. If this is secure, the key box should be secure.
I see you point, but a slim install and a firewall would be all you need. A lockdown of 'only allow connection to port XYZ from host ABC' would be sufficnt. |
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I'll just leave this here:  |
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Thanks ErebusBat. Who knows if anything will come of this, but I suppose it's worth a try.
Exactly.... I don't know either. But at least it is something. Submitted +1 Received thanks! |
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Actually, tesla was afraid of round objects, he was afraid they would lodge themselves in his body or something... I think he broke up with his girlfriend when she wore pearl earrings once
I beautiful mind I guess. |
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I haven't played your roulette yet, but I just wanted to say thank you for the explanation of how you assess risk of ruin. I found it very interesting.
+1 as well... I love this kind of explanation and transparency. And now that you have more than BJ I might actually 'give' you some money!  |
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