pastet89's alts deposit service - win 3% to 10% on your coins for 1 month

[coinnewbit]

Lenders seriously risk to lose most of their money if this happen, even if they use escrow.

Lenders are adult peoples with heads on their heads and they decide what to do with their money. Anyone can judge his own predictions on the market, his own decision if to trade by himself and decide if to take my service or not. For someone it may be not a good opporunity, for someone it may be not. But what is important here is that if people use an escrow they are not risking to loose anything which is promised by myself, stated as a clear condition and accepted by them as their own investment strategy.

If the market goes against your position you will have very high incentive to just disappear.

First, I am not a person who will dissapear with anyones money and I will not risk my profile on Bitctoinalk I have build to that level for months.

Second, it seems you obviously are not aware of my plans. You are just suggesting something in your head and telling the whole thread I am going to do what you think I will do which obviously is not correct. As I said, I will not reveal my strategy as this a business secret, what I will reveal, is that I take the needed insurance so that I can cover my promised conditions in the OP on 100% from the moment I take the loan as I would never take a risk or give a promise I can not hold with someones elses money. Apart from crypto I am running a serious IT business for years (you can check my profiles older posts) which gives me far more money than the ones I would make in this thread as the last thing I would consider is run away from Bitctoinalk and ruin my reputation for pennies. I am a honest and serious person and I am not one going to gamble with anyones money without an insurance as I would take a risk I can not cover only if I play with my own money.

Third, as already stated lots of time, anyone interested in a risk free option may refer to the option with the escrow insurance, but then he will get a lower interest fee. I would like more the non-escrow option as it gives me more opportunity to do my own business with the coins and gives the lender higher interest fee.  However, if main interest is only to the escrow option I am going to increase my BTC buffer and accept more deposits with an escrow guarantee.

And finally, please, think well before you talk as it seems either you did not read OP carefuly or either you are really not aware of what I will be doing if you call this short selling as anyone following the OP and your toughts can easily judge  thar you are talking nonsence and a situation where I can not cover the risk can not exist even if I go with the non-escrow option.

can't you lower the minimum deposit? As when starting out you can then build up trust

Unfortunately I can not lower the minimum deposit as I said I run a serious business in real life and I am extremely busy person, it is just not worth for me to do all the accounting and updating of the thread for such small amounts, even 0.1 was my hard minimum as I was considering to set 0.5 in the begning.
My rules are clear and everything is on the table, anyone interested in these conditions can join, otherwise I am not interested as well.

Thanks anyway for your interest!

right. I guess i'll save up later !

[pastet89]

Interesting that all the coins listed are not particularly great prospects for high gains, IMO, and if you ask me, the lot of them are looking at very rocky ground ahead - the one exception *maybe* being AUR. Since the OP gets to choose if he gives you your WDC back or pays you BTC, he's simply offering to hold coins that he believes are downtrending, sell them all (conveniently helping to crash the price further), then rebuy cheaply plus a few percent and hand you the same shitcoins back that are now worth less. This is *exactly* why he has selected the coins he has. What's to stop him from picking any coin at all? Nothing. Why has he selected these coins in particular?

Even if that doesn't pan out, and a coin rises, then in that case you don't get completely screwed since you're guaranteed to come out at least a few percent ahead in value, and from his perspective he profits as well.

But it is clear from the coin selection what this man's intention is. I honestly was very intrigued at the idea of bankrolling some daytrader who will return interest, but the not-so-subtle caveat that *he* gets to select how he returns value to you is how the game is rigged decidedly in his favor, and even though both sides *could* win in a skilled trader's hands, this man is instead betting on attracting people who have mislead faith in downtrending coins, so he can sap the BTC out of their bankroll before they do and leave them with the tattered remains 30 days later.

Thank you for your great analisies. In stock trading this is called short selling and is a fairly established way of trading (the other guy before you suggested as well short sell, but obviously has missed some part as he claimed I may got in a situation where I can not hold my promises as per contract which is just not correct). As I said I made this thread non-moderated on purpose as I want to be transperant and as everyone sees, I am not trying to scam anyone. What am I doing is putting my open rules on the table and leaving anyone decides if they fit him or not. In trading and betting on every single trade there is a looser and a winner. Fact. Money does not come from the air, to come to ones pocket they needs to go out of someone elses pocket. If anyone tries to convince you he is offering you a win-win situation in trading, he is lying you. Well, I am not a lier and I do not claim that. By the way, same applies to the case where you want to hire a pro trader on some percent as then also his and yours potentional wins will be generated from loosers on the other side. Am I winner and are other folks the loosers in this thread? Obviously I want it to be this way and my potentional clients want that to be reversed. Does anyone knows for sure what will happen? Obviously not, as no one can read the future. So I suggest a deal with fair rules anyone can read and judge. If he see it as a good investment he is welcomed to enter, otherwise it is not. In stock trading it is the same, as both sides, shorter and lender believes they will win, no one knows for sure, I am just on the shorter side here.

[Don007]

I saw your message in the Tag topic. I might be interested later. If so, I'll contact you.

Does anyone has experience with this service already?

[pastet89]

Of course, but that whole paragraph means nothing because your entire lineup of coins you're willing to trade are ones you're *betting* on going down, you *want* them to go down. And since you won't give them the BTC value in gains that short selling made, you will clearly always choose to hand them back a pile of now worthless coins that you bought back weeks later after the price tanked. That's *why* you picked downtrending coins. You never have to worry about being wrong when you pick a lineup where the top prospect is controversial at best, and the rest are completely stagnated or riddled with scandal and bad PR.


Why not pick anything promising? Since everything is liquid through BTC anyway there's no good reason to have this lineup of coins unless I am correct in your intended strategy of easy and guaranteed profit from suckers. It's just extra funny b/c if you actually were a skilled trader, you wouldn't need the swindler's slant betting on near-guaranteed downtrends that sap money from your customers, and you could make tons of bank with a service like this - especially after the good reviews after the first couple rounds with a legit escrow, etc. Alas, you are not and it is what it is.

I pick just things and coinditions I can  stick to as I do not pick strategies I can not handle promises on as I do not scam people.
You are not correct that I am never worrying about anything as I still am risking up to 10% if trend goes against me (coins raise in value) and if in that case my client has lost opportunity to win, the better option for me is to return the higher interest in BTC, this is still 10% and if you call this no risking and no profit to client, I am not calling it this way.
And finally, but not less important: I have been also in a position where I would choose my clients sides and use my service. This is where I am a strong coin believer and I want to hold a coin long term and I am not interested in short trades. Why? Because if coin drops in value which is worst scenario in your eyes, and I sell it on panic now, it may raise up later and I can miss the train for the long trip I have chosen as a strategy. And I have felt this way for promising coins in my opinion I have followed in the past. If the coins I have chosen are going to go down in yours and probably mine eyes (as yes, I do belive they will go down in value the next month), you need to understand that not everyone may share our opinion.  Who is still mining this coins? Who is buying them on exchanges? Who is posting in their threads communites and is following their progress? Obviously people which long term believe in these coins. Sorry man, but if market has just one opinion and it was just yours these coins would be dead long time ago but obviously they are still not.  If they are long term holders in these coins and they prefer to take a short term 3% interest and keep their coins for long time my service is perfect for them.

I saw your message in the Tag topic. I might be interested later. If so, I'll contact you.

Does anyone has experience with this service already?

Thank you for your interest, please, send me a PM.
Which coin would you be interested in?

[pastet89]

Isracoin added!

[MMos]

I don't see any benefit in this service, the return is so bad for a month loan of x amount of coins, just day trading with half the amount of the loan can generate more return in a matter of hours (dependent on coin)....

Not trying to bash, but just stating my thought.

On other hand, good for you in keeping it 100% transparent and not scamming people =)

[pastet89]

I don't see any benefit in this service, the return is so bad for a month loan of x amount of coins, just day trading with half the amount of the loan can generate more return in a matter of hours (dependent on coin)....

Not trying to bash, but just stating my thought.

On other hand, good for you in keeping it 100% transparent and not scamming people =)

Thank you for your input.
Actually I am a bad trader when it comes to daily active trading.
If you have an established strtaegy would you be interested to trade for me for some %?

[pastet89]

Due to lack of interest, I am closing this service.
Thank you anyway and good luck to all in investing and trading.