jboogie (OP)
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Activity: 38
Merit: 0
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June 04, 2013, 02:18:47 PM |
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I've been lurking here for some time and studied carefully where to invest my bitcoins, and I've come to the conclusion some of the best bets for small investers like me are coinlenders.com and BTCINVEST on bitfunder, both operated by TradeFortress. I'm ready to give him my bitcoins. There's only one thing I need an answer to, it's not nice to ask I know but it's something that has to be planned for: does he have a deadman's switch? I.e. what happens to his business in case of unexpected health problems. This is of concern IMHO since it seems both coinlenders and BTCINVEST are single-handedly operated by him
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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keatonatron
Sr. Member
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Activity: 308
Merit: 250
Jack of oh so many trades.
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June 04, 2013, 02:34:34 PM |
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Dabs has a dead man's switch for his lotto, with Tradefortress as one of the people to handle his estate and me as a bearer of bad news to the forum in the event something should happen to him. I'd be happy to handle Tradefortress's obit via DMS as well  But if something happens to Dabs, Tradefortress and me all at the same time, will anyone know?! |
1KEATSvAhbB7yj2baLB5xkyJSnkfqPGAqk
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jboogie (OP)
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Activity: 38
Merit: 0
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June 04, 2013, 05:31:12 PM |
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But if something happens to Dabs, Tradefortress and me all at the same time well that's 3 orders of magnitude less likely, already much better |
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MikeMark
Full Member
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Activity: 179
Merit: 100
Bitcoin: money chosen by the market.
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June 05, 2013, 04:21:50 AM |
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I've been lurking here for some time and studied carefully where to invest my bitcoins, and I've come to the conclusion some of the best bets for small investers like me are coinlenders.com and BTCINVEST on bitfunder, both operated by TradeFortress. I'm ready to give him my bitcoins. There's only one thing I need an answer to, it's not nice to ask I know but it's something that has to be planned for: does he have a deadman's switch? I.e. what happens to his business in case of unexpected health problems. This is of concern IMHO since it seems both coinlenders and BTCINVEST are single-handedly operated by him
Recommended reading: https://bitcointalk.org/index.php?topic=212021.0People covered many topics in that thread. It'll make you think. |
The Path of the Just is as the Shining Light...
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jboogie (OP)
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Activity: 38
Merit: 0
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June 05, 2013, 03:34:56 PM |
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I read it when it was going on - I agree it's good reading (it's actually Deprived's logic of the risk of fiat-exposed businesses that made a lot of sense to me and made me look for something else than mining stocks), but I don't see how it answers my question... I just skimmed through it again just to be sure - maybe I'm missing your point? BTW I forgot to mention, I PMed TradeFortress signalling this thread to him yesterday, so he knows it's here |
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Abdussamad
Legendary
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Activity: 3612
Merit: 1564
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June 06, 2013, 11:08:31 PM |
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He's running an HYIP. 27% yearly interest on a deflationary currency is definitely HYIP territory. Maybe he runs a loan sharking operation?
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🏰 TradeFortress 🏰
Bitcoin Veteran
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Activity: 1316
Merit: 1043
👻
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June 06, 2013, 11:25:24 PM |
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He's running an HYIP. 27% yearly interest on a deflationary currency is definitely HYIP territory. Maybe he runs a loan sharking operation?
Nope, there is business behind it. AKA we lend out at >27% a year, mostly secured. |
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jboogie (OP)
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Activity: 38
Merit: 0
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July 14, 2013, 04:57:03 PM |
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Quote from other thread (linked above), seems more appropriate to continue here: Give a trusted forum member encrypted instructions & passwords, and a family member the decryption key & the trusted forum member's email address? That actually sounds like a great solution. Thanks, I'll work on that! So, did you have time to look into it? |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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July 14, 2013, 05:17:46 PM |
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high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
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November 07, 2013, 04:07:23 AM |
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Are my coins in coinlender gone forever??
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high110
Sr. Member
Offline
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
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November 07, 2013, 03:56:28 PM |
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I would rather have them investing in me =(
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Viceroy
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December 19, 2013, 05:04:24 AM |
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I warned you all. Just hope you didn't lose anything when he stole 1.3 million USD.... |
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BurtW
Legendary
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Activity: 2646
Merit: 1136
All paid signature campaigns should be banned.
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December 19, 2013, 05:08:27 AM |
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Don't hurt your elbow patting yourself on the back there  |
Our family was terrorized by Homeland Security. Read all about it here: http://www.jmwagner.com/ and http://www.burtw.com/ Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated! |
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Viceroy
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December 19, 2013, 05:16:00 AM |
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Don't hurt your elbow patting yourself on the back there Somebody needs to do it. All I got when I said he was a thief was a raft of shit. People don't appreciate good Samaritans these days... |
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bobboooiie
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December 19, 2013, 10:21:20 AM |
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Don't hurt your elbow patting yourself on the back there Somebody needs to do it. All I got when I said he was a thief was a raft of shit. People don't appreciate good Samaritans these days... Was this you when you read the news?  https://i.imgur.com/pH6mr.gifAlso he didnt steal 1,3 million USD he stole bitcoins |
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MaxwellsDemon
Full Member
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Activity: 187
Merit: 109
Converting information into power since 1867
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December 19, 2013, 07:09:44 PM |
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Also he didnt steal 1,3 million USD he stole bitcoins
Not to mention, the bitcoins he stole are worth much, much more than 1.3 million USD. |
We're hunting for Leviathan, and Bitcoin is our harpoon.
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