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Topic: nothing is here (Read 1028 times)

johnwhitestar (OP)

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Slimcoin - the Proof of Donation inventors!

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September 11, 2012, 10:00:38 PM
Last edit: August 27, 2016, 02:51:18 PM by johnwhitestar

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Slimcoin's decentralized Proof of Donation token in public beta testing now!
Why Slimcoin? ASIC-resistant CPU/GPU PoW, PoS, Proof-of-Burn (virtual mining)

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1713584137

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Enigma81

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Re: Looking for an insurance company for my investements on GLBSE

September 13, 2012, 09:44:54 AM

I don't suspect you'll find any 'real' insurance company that would insure an investment in GLBSE being that it's completely unregulated. Even if you did, I would guess they would charge you about 100% of the value of the investment to insure it, making the insurance pretty pointless..

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Re: Looking for an insurance company for my investements on GLBSE

September 13, 2012, 09:51:55 AM

Anyone who insures that for less than 99% of face value is scamming you, an idiot, or both.

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Re: Looking for an insurance company for my investements on GLBSE

September 13, 2012, 04:18:02 PM

Quote from: johnwhitestar on September 13, 2012, 04:06:33 PM

They did so for the investments into pirate@40

Most of those "insurances" turned out to be a scam. The ones that did pay out paid far less than the difference in interest was worth. IOW, it didnt make any sense to buy that insurance, you would have been far better off just investing proportionally less in to pirate, and calling the coins you did not invest your "insurance". If you want that kind of insurance, I can give it to you, but if you do the math you will realize how stupid you would be.