.

[minerjones]

.

[soothaa]

Uhhh.. so your accusation is he isn't 100% focused on profit and instead does things cause they're cool and fun?

[Lauda]

I could place a bet or two on who is going to side with who here. For example, I expect QS to come in defending this operation as he owns seats (or used to). Anyways, watching to see how this unfolds.

[OgNasty]

Uhhh.. so your accusation is he isn't 100% focused on profit and instead does things cause they're cool and fun?

Sure seems like he's defending me against his own accusations with those quotes...

I guess me paying for electricity out of my own pocket for >4 years to mine coins that I donate 100% to another organization in order to help Bitcoin users have an honest project they can be involved in to have fun actually using their BTC is considered bad.  

I don't know why you've chosen to throw your reputation away minerjones, but it is disappointing.

[minifrij]

Uhhh.. so your accusation is he isn't 100% focused on profit and instead does things cause they're cool and fun?

If fun and cool is what matters then you should give me your money instead. Rather than spending it funding free electricity for an organization I have a great financial interest in (and conveniently having said free electricity wired to my own home), I'll travel the world looking for fun and cool things to take pictures of.

To boot I'll even pick up any spare change I find on the way and spread it out to my investors (while keeping 25% of it to get a better camera). You'd get about the same return on investment.

In all seriousness, if you are running an investment platform then it is only fair to expect some sort of ROI. NastyFans does not offer this.

I guess me paying for electricity out of my own pocket for >4 years to mine coins that I donate 100% to another organization in order to help Bitcoin users have an honest project they can be involved in to have fun actually using their BTC is considered bad.  

God forbid that you pay for your own electricity for an organization based around you. Good lord MJ, have some civility! Look at what this poor man has had to go through!


I'll expand on the facts about NastyFans as an investment in the near future.

[TMAN]

I'd lay odds he hasn't kept to proper accounting standards.. how many times did he put his hand in the cookie jar??

[OgNasty]

To boot I'll even pick up any spare change I find on the way and spread it out

"Spare change" I like that.  

BITCOINS DISTRIBUTED:


Your proposed project sounds a lot like what a YouTube content creator does, only they don't distribute anything back to supporters.  I imagine if you went through with it, you could have some success if you had any talent or a well internally developed platform others could also use.  Wasn't this what Friends of Satoshi was trying to accomplish?

I'd lay odds he hasn't kept to proper accounting standards.. how many times did he put his hand in the cookie jar??

If you review the thread, you'll see that I once donated ~19 BTC to the organization out of my own pocket as a thank you to fans after the project received so much more support than I was expecting.  As usual, your assumptions are 100% incorrect.

[soothaa]

Uhhh.. so your accusation is he isn't 100% focused on profit and instead does things cause they're cool and fun?

If fun and cool is what matters then you should give me your money instead. Rather than spending it funding free electricity for an organization I have a great financial interest in (and conveniently having said free electricity wired to my own home), I'll travel the world looking for fun and cool things to take pictures of.

Pretty sure that was said up front.. I actually read his solar project thread yesterday and thought it was very cool..

[minifrij]

"Spare change" I like that.
BITCOINS DISTRIBUTED:
720.81BTC

It should be kept in mind that (currently) 162.76BTC of that was distributed within the organization (to NastyMining) and 0.2BTC of that was used as transaction fees.
It should also be kept in mind that there is almost 4BTC not yet distributed throughout the organization, for whatever reason.
It should also be kept in mind that a large amount of that BTC figure was likely distributed within the early days of Bitcoin when a larger amount of Bitcoin was required to purchase a seat.

Now let's look at some practical examples of the huge amounts distributed by NastyFans.
This coin has had a seat associated with it since 2013. It has so far earned around 0.004BTC from the NastyFans program.
This coin has been active for coming on a year, earning the massive total of around 0.0003BTC in that time.
This coin has been active for over two years and has earned a total of around 0.0074BTC. However, this coin has five seats directed towards it, meaning that it makes sense this coin has earned more. This coin has earned around 0.0015BTC per seat on the coin.
You can see more examples here. Keep in mind that any coin with a large amount of Bitcoin on it was likely funded through other means than NastyFans.

While I don't know how much these coins originally cost in BTC, I can almost guarantee that is significantly more than whatever they have earned + silver and minting costs is worth currently.

Your proposed project sounds a lot like what a YouTube content creator does, only they don't distribute anything back to supporters.  I imagine if you went through with it, you could have some success if you had any talent or a well internally developed platform others could also use.  Wasn't this what Friends of Satoshi was trying to accomplish?

A YouTube creator doesn't market its self as an investment platform. My scenario was also completely made up, in an attempt to show how absurd the notion of 'fun and coolness > profit' is for an investment platform.
Perhaps a better example would have been a gambling website that allows for investment. Such a website provides much more fun (whether it be through the gambling or interacting with others using a chat function), and most likely provides a much better ROI.

[Wendigo]

I find it funny how some members of the D2 "death squad" have only commented here so far and haven't made it rain with red paint yet. Are they scared ? 

[Lauda]

I find it funny how some members of the D2 "death squad" have only commented here so far and haven't made it rain with red paint yet. Are they scared ?  

That's often the case when the accused is another DT member. It is very clear that if you leave a negative rating to OgNasty, DT2 or not, you will receive a retaliatory rating which will probably reflect on some possible wrongdoings of yours from the past. A list of everyone who has ever left a negative to him:
minerjones
hellot
isoneguy
TMAN
TwitchySeal
game-protect
All of them are red, i.e. OgNasty has left them negative ratings. Two minor exception: hellot (rating countered by me) and TwitchySeal (rating countered by EcuaMobi).
If you are specifically referring to me, then I should state that I probably should not get involved as I have both business (ACE & CET) and personal interactions with minerjones on a daily basis (among other things).

[Rmcdermott927]

Look.  I own Nastyfans seats.  I deal with both ognasty and minerjones on a regular basis.  I feel like without solid proof of Nastyfans being a Ponzi scheme, this is a bit of an overreach.  

MJ, can you prove that Nastyfans is a Ponzi scheme?  

I do know that og is mining, and sells physical coins to help make distributions.  I don't believe overly high returns were ever promised.  


"A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors."



I personally don't agree with the assessment that NF is a Ponzi scheme.

I don't like to get involved in forum drama, as it seems silly to me.   However if accusations about an organization are thrown around, I would like to see some sort of proof.  

[isoneguy]

All things bitcoin can be related unto a ponzi.

The reason for this is due to increased value in aged coins.

As we share bitcoin with new people they invest and it pays aged coins by increasing their value. That's the real reason it's always better to have gotten in yesterday.

I think OGnasty should give me my .25BTC back before the value is more than a human life.

My understanding is that anything BTC inevitably gains value.

I really wanted to participate in the nastymining concept before I realized how much of a scammer OGnasty was.

Could someone with integrity start a similar project?

[badge101]

Feels so fucking good to see OG with the red trust, my dreams have been answered, next is that pedophile Vod

[donmiguello]

two big guys , OG and MJ are two thrusted member, now they are red trust

[isoneguy]

I think we need to form a comity

[|Admiral|]

SCAM ALERT!
SCAM ALERT!
SCAM ALERT!
SCAM ALERT!
Shapeshift.io scammed me of BTC 

Order: https://shapeshift.io/#/status/b5ed3e10-792b-46bf-91b8-ef5547da378c

Not received BTC and they are good to Advertise on Twitter and not look into the problem, I think thy have the issue with some Payment Gateways since 8-10 days but they never put any notice on their front page.

there are various reports going on against shapeshift:

https://www.reddit.com/r/shapeshiftio/comments/6swplq/btc_xmr_nothing_received/
https://www.reddit.com/r/shapeshiftio/comments/6sw4ga/successful_bch_to_btc_exchange_but_nothing/
https://shapeshift.io/#/status/9b206f2a-f197-4a23-8f07-fdcdd0712a00
https://www.reddit.com/r/shapeshiftio/comments/6sqbik/anyone_else_had_a_successful_trade_but_not/
https://www.reddit.com/r/shapeshiftio/comments/6slkxm/beware_shapeshift_currently_not_processing_it/
https://www.reddit.com/r/shapeshiftio/comments/6so3oc/shapeshift_team_please_help_me/

etc....many more counting...

Beaware guys

[TMAN]

I'd lay odds he hasn't kept to proper accounting standards.. how many times did he put his hand in the cookie jar??

If you review the thread, you'll see that I once donated ~19 BTC to the organization out of my own pocket as a thank you to fans after the project received so much more support than I was expecting.  As usual, your assumptions are 100% incorrect.
[/quote]


easy to ignore my question..

OgDogg, do you have all accounting documents for the last 4 years of NastyFans?
this includes all second hand sales and purchases.

in answer to the above, it would be easy to put 19BTC in if you are taking 190BTC out.

[|Admiral|]

SCAM ALERT

I used Exodus wallet to exchange my ethereum to btc and shapeshift scammed me with the help of exodus  




Help me!! To get my funds back you scammer.... I am now going to leave this community as i was already scammed here 20 eth and 170+ LTC , and now some more ETH scammed from me.
Scammers every where making new projects to take money from people like me who want to convert their fiat to crypto believing that crypto will change the future...

fuck you scammers...

[Hatcher]

Hi, |Admiral|. Can you make your own threads about this stuff? It has nothing to do with the topic at hand.