Private Bitcoin Investment @ 15% ROI

[jayeeyee]

jayeeyee 0.15% of 1 btc is 0.0015 btc not 0.15btc.
or you mean 15% of course.

It's 15% of 1BTC.. not in fiat. Market value of BTC has no value to yields. All yields are in BTC in that of itself.

[FUR11]

^
Would it make everyone understand this easier when I say the insurance pot cannot be used to invest? When I mean I'm keeping my personal life far away from btctalk means just that. But my btctalk persona "jayeeyee" is what I'm building in terms of trust. Pretend this is an experiment I fabbed up just so I can build my trust rating, if that helps.

That doesn't make sense.  The insurance pot MUST be liquid, otherwise it's not a 100% insurance.  And we know that it's liquid, since you were willing to escrow it an hour ago.

[jayeeyee]

^
It is liquid but I'm not touching it other than for the reason to cover loses and that's it. Yes, I understand my system doesn't make sense and takes additional unnecessary steps when I can avoid it altogether just investing by myself.. but I cannot build a portfolio by giving myself positive feedbacks. As far as how this system works.. it requires an investor investing 1 btc. Period... my system, my rules.

[the joint]

Hey, OP.  You're not a secret agent.  I'm also betting that you're not a genius since you apparently haven't considered how absolutely ridiculous your proposal sounds from a 3rd-party perspective.

Give us a solid business model or we can only assume you're just a common thief.

I fully discourage anyone from investing with you, and your proposal has solidified the fact that you and I will never have a business relationship of any kind.

[jayeeyee]

^Alright, I respect that.

[quone17]

From my perspective, I would think the INITIAL investors will be just fine.  They obviously will be fine if they have the 1 BTC escrowed, so there's nothing that can really go wrong there.  My thinking would be that a scam would come down the line after the OP has trust and someone "invests" way more BTC with him.

[jayeeyee]

^
That's the assumption I'm getting here... but I guess we'll eventually find out whether or not that'll happen. Who knows, maybe one day I'll just stop doing this.. but of course after I pay the dividends back to my investors.

[quone17]

Will you pay escrow fees for 1 BTC? If so I'll probably do it since I have no chance of a loss.

[Micon]

Again, you are being illogical.  Me sending you money doesn't build trust in YOU, it builds trust in me.

So, again, I'd like to invest with you.  But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right?  See that's the fallacy in your plan.  You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).  

I think the illogical one here is you. The insurance funds are for insurance coverage ONLY. Not for reinvestment. I use your investment to make a return. Your return which will be 0.15% of your initial investment, or in other words 0.15btc return, is a cut from my return. That's the end of the deal as far as me and my investor are concerned. As for what I do with my portion of the return, I split it up.. some goes back into the insurance pot, the rest into my savings.

Yes, it builds your trust but also my trust at the same time seeing how I'm able to give you back the yields. Win-win, no?

Exactly.  You are insuring my investment by investing the insurance money.  It works out the EXACT same either way, and since you are insuring my investment 100%, there is no need to send you money since you promised that I'd get it back 100% of the time.  It just wastes time.  So has the investment began yet?  I believe Micon and I both took you up on your offer, so that's the two people max.  I'm assuming the investment has began, yes?  Is there some place I can track or watch it?  

he's right, jayeeyee.  There is no need for us to send money.  You are insuring it 100%. 

Here's how it would work the way you want to do it:

1) you send the escrow 2 btc [ i pay the fees ] [Total amount of BTC in the system from jayeeyee:  2 btc]
2) FUR11 and I both send you 1 btc and you arbitrage your face off. 

But here is how FUR11 and I want to do it:

1)  We both send you no bitcoins, because this looks extremely shady.  And for sure it's definitely not gambling so hashtag report to moderator anyway.
2)  you take the 2 bitcoins you were going to escrow, but instead treat them as our investment.  Think of it as an ipso-facto. [total amount of BTC in the ssytem from jayeeyee:  2 btc]

so you are still out the same BTC, 2, from your wallet to start this scam anyway.  No reason to pay the escrow fees.

[Micon]

...when I can avoid it altogether just investing by myself.. but I cannot build a portfolio by giving myself positive feedbacks. As far as how this system works.. it requires an investor investing 1 btc. Period... my system, my rules.

level of writing:  ~9th grade
Fallacy:  "I cannot build a portfolio by giving myself positive feedbacks"  But you could make a shit ton of money if what you said was true.  Why the fuck do you need portfolio of feedbacks if you are just clocking it like a boss making coins?  No sane man would randomly share it.  Just doesn't happen.  Just always a scam.  Always.  You only need a portfolio of trusts if you want to borrow a large sum by taking "investments" But we already told you we require 100% escrow for this so you can never roll anyone. 

Also, this is not gambling.  "Report to Moderator"

[jayeeyee]

I see you're still very much heated over my topic Micon but I'm sure you'll be happy to hear when I say I've given up my proposal since it was getting no where. If anyone in this world wanted to do any sort of investment related opportunities; there's always a certain amount of risk involved. In this case, if no one is willing to take that risk in me (which is totally fine) then I'm not willing to risk anything on my end (in this case, guaranteeing that investment).

Just forget about how my model was proposed, how it works or how crazy it sounded. At this point, it doesn't matter because I'm not longer following up on it. I'm back doing what I've been doing and nothing has changed on my end. However, you are wrong about one thing.. good deeds do happen in this world. Take for example the homeless man in Bulgaria who has been panhandling his entire life.. and then donated every cent (about $40k euro) to his local church. I can see where you're coming from though; since this forum is saturated with Fear, Uncertainty and Doubt. The first sign of anything remotely promising is automatically flagged down as scam or something of the sort... but... don't misunderstand me here either because I know that the Bitcoin community has seen more bad apples than good ones, which is unfortunate.

But, I digress. I was willing to help others out and I was genuinely going to see it through but after all this "drama".. I don't see why I should bother for a lost cause. Finally.. for your information, this post is absolutely in the correct thread. If you are familiar with the Marketplace thread, you'd know that investment post falls under the category of "Gambling". So yea, go ahead and report me if that makes you feel better about the world.