Original Post Quoted Because This Account was Hacked

[krudkeeper]

A SCAMMER HACKED MY ACCOUNT AND POSTED THE FOLLOWING GARBAGE. MY APOLOGIES. I WOULD LOVE TO GET MY HANDS ON THAT PIECE OF ****. MY NAME IS NOT MARK AND I AM NOT 13. I AM 33. I HATE MINECRAFT




"My name is Mark and I am starting my own minecraft sever. hosting service called Minecraft Technologies Ill accept bitcoin

i can host it on a desktop with 4 gb ram for now and a i5 cpu.

My family uses comcast cable and they dont go down often. and I can keep this server open 24x7, I dont pay for elecricity. already port forwaded. I'm seeking investors to invest in MineCraft Technologies you will get a share of the profit i make

I will also offer free plugin installations and server comes with bukkit and essentials already installed. i will also set up dyndns for free so you dont have to remember a ip or port.

Plans

Small
5 players 250 MB
$3/month

Medium
10 players 500 mb
$6/month

Large
20 players 1000 mb
$10/month

Extra large
40 players 2000 mb
$20/month

Ultra LARGE
60 players 300 mb
$30/month

EXTREME LARGE
unlimited players 4000 mb
$40/month

ULTRA / RESELLER
unlimited players 12000 mb
can run multiple servers
$120/month

So im looking for investors for:

1. buy domain name (i will host the website myself)
2. build new rig (32 gb ram, i7 cpu) to host more
3. pay me for time I do support installation etc

In exchange you get a share of the profits. minecraft technologies has 10000 shares

1 share = 0.01% of the profit.

i am keeping 5000 shares for myself and selling 5000 other shares for 0.005 btc each

Dividends wil be paid daily. any questions feel free to ask. after I have investors to purchase domain and new rig i will make an announcement on here and minecraft forums"

[Rannasha]

In exchange you get a share of the profits. minecraft technologies has 10000 shares

1 share = 0.1% of the profit.

i am keeping 5000 shares for myself and selling 5000 other shares for 0.005 btc each

Dividends wil be paid daily. any questions feel free to ask. after I have investors to purchase domain and new rig i will make an announcement on here and minecraft forums

1 share = 0.1% and there are 10000 shares? You might want to recheck the math.

Also, your selling 5000 shares (and keeping 5000) at 0.005 btc, that's a total of 25 btc, which is nearly $2500 at todays Gox-rate. More than enough to buy an i7 machine (or 2). Yet this is represents only half the value of the "company". At IPO, the total target value of the company is close to $5000. For that you buy 1 computer?

Why do you pay daily dividends when your hosting packages are paid monthly? How does this work? Does your cash/btc balance get cleaned out every day to pay dividends and on days where no client payments come in, no dividends are paid? Or do you accumulate profits for a longer period and then pay them out every day?

Finally, what uptime promises can you give your customers? Does Comcast approve of you hosting a commercial service on a consumer line? What are the expected profits and expenses in the first 3 months, first year, etc...

There's a lot of info missing or unclear about this proposal. I would not recommend people investing until it's been cleared up.

[surebet]

Hey genius, how many simultaneous connections do you thing you can accept with your line?

[Taxidermista]

Each share gives 0.01% of profit

And you plain to rectify your first post when? In a couple of years?

[surebet]

im connected to 600 peers on utorrent now

http://www.speedtest.net/

http://canihostaminecraftserver.com/

600 peers, lol.

[Rannasha]

$2500 will be used to:

buy 2 rigs with intel Xeon and 32GB ram - cost: $2000

Intel Xeon E3-1220
Cooler Master DP6-9EDSA-0L-GP
Biostar H77MU3 Micro ATX LGA1155 Motherboard
Avexir Core series 32GB (4 x 8GB) DDR3-1600 Memory
Hitachi Deskstar 3TB 3.5" 5400RPM Internal Hard Drive
Asus EAH6450 Silent/DI/1GD3(LP)   Radeon HD 6450
Antec Solo   ATX Mid Tower
Antec High Current Gamer 400W 80 PLUS Bronze Certified ATX12V / EPS12V Power Supply

$500: misc expenses such as domain name ssl certificate, hardare repairs

Each share gives 0.01% of profit

Fair enough, that's $2500 of investments accounted for, but you're trying to create $5000 worth of shares by holding half. So you're effectively only investing your current desktop and getting back half the profit from it.

comcast wont know

Not sure if this is the best business plan.

expected profits

server a can host 4 large, $40 /month
server b can host 32 large, $320 / month
server c same $320 / month

total $680 per month profit.

expected $100 expenses for hardware savings fund, repairs. etc

or 6 btc. each share 0.0006 BTC

Each year 0.0072 BTC per share expected

Those aren't expected profits, they're optimal profits when running at peak capacity. I doubt you'll fill up the servers immediately after they go live. How is your pricing compared to competition? Any other advantages offered that makes your service stand out?

[surebet]

[surebet]

Also your server build is terrible.

Also you're 13 years old.

[surebet]

With 4GB of ram, on a residential line? Either you're lying through your ass or shit was incredibly unusable.

What's the specs for your connexion?

[Rannasha]

btw if i have half of the shares i want to earn more profits so i earn more

And in the current setup, there is no risk to you. The investors pay for all the hardware with their 5000 shares. That's just not how companies start. Unless you have a unique business model that's not been done before or you have some special set of skills that puts you far ahead of the competition, you're not likely to get people to pay for all your investments while you keep half the profit. And hosting an application server in a non-professional environment is neither unique nor does it require special skills.

[surebet]

I'd be curious to see his risk analysis...

Critical: daddy might get mad I'm using up all the internet
Critical: daddy might get mad I'm bumping his electric bill
Critical: daddy might get mad I borrowed money from random strangers on the internet
Critical: the cat might trip thr router over

[Tafelpoot]

Your IPO:
- Please buy me a new PC
- I'll host several huge minecraft servers at home while downloading torrents.
- You get 50% of the profit, I get the other 50% for my hard work (buying the PC, portforwarding, free electricity etc.)

OK.

[joele]

Your IPO:
- Please buy me a new PC
- I'll host several huge minecraft servers at home while downloading torrents.
- You get 50% of the profit, I get the other 50% for my hard work (buying the PC, portforwarding, free electricity etc.)

OK.

 

[navitatl]

Hilarious. Sounds like something I would have cooked up at 13.

[rjbtc]

I can give 99.9% uptime or i will refund the down time. comcast wont know

I cannot even begin to stress to you how very wrong you are. They will know, hell if by some stretch you aren't lying about hosting 50 players trust me they also knew about that, but where it was just a temporary thing they let it slide. They know you are torrenting right now. I've worked for the local cable provider here, and they are nowhere close to Comcast - and we had monitoring software for internet service that would track exactly things like this.  

You might last a week or two at a heavy use, but you WILL get shut down.  Not just your Minecraft server but also your parent's internet.  If you seriously want to do this, get business class internet and a static IP.  And tell your parents. Way back when I was a young lad I tried hosting a BBS using the family's phone line. Did not end well.  I took on a few more chores and ended up getting my own dedicated line.

Think about it this way: Say your town provides water service for a flat monthly fee, it's usually based on # of bathrooms.  Sure, maybe you filled a pool at the beginning of summer and they didn't say anything. Doesn't mean you can open a water park.

[surebet]

I'm assuming the server build is something you pulled out of your ass, because there are several catastrophic failures in there.

The cpu/mobo choice is hilarious. The hard drive will never be able to manage hundreds of players without serious chunk loading issues. The gpu (!) just makes the mind reel. The power supply is going to run at 100%.

Finally, why the fuck do you need an SSL certificate for minecraft?

It's cute you want to play serious businessman, but you might want to stop trying to look like you know what you're doing, because lol.

Did you ask your parents permission to use their internet and electricity?

[krudkeeper]

In exchange you get a share of the profits. minecraft technologies has 10000 shares

1 share = 0.1% of the profit.

i am keeping 5000 shares for myself and selling 5000 other shares for 0.005 btc each

Dividends wil be paid daily. any questions feel free to ask. after I have investors to purchase domain and new rig i will make an announcement on here and minecraft forums

1 share = 0.1% and there are 10000 shares? You might want to recheck the math.

Also, your selling 5000 shares (and keeping 5000) at 0.005 btc, that's a total of 25 btc, which is nearly $2500 at todays Gox-rate. More than enough to buy an i7 machine (or 2). Yet this is represents only half the value of the "company". At IPO, the total target value of the company is close to $5000. For that you buy 1 computer?

Why do you pay daily dividends when your hosting packages are paid monthly? How does this work? Does your cash/btc balance get cleaned out every day to pay dividends and on days where no client payments come in, no dividends are paid? Or do you accumulate profits for a longer period and then pay them out every day?

Finally, what uptime promises can you give your customers? Does Comcast approve of you hosting a commercial service on a consumer line? What are the expected profits and expenses in the first 3 months, first year, etc...

There's a lot of info missing or unclear about this proposal. I would not recommend people investing until it's been cleared up.

This was not me. Account was hacked. Sorry, but I hate minecraft and also would never ask for money.