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Author Topic: Donate shares to Charity on BTCT  (Read 2529 times)
Peter Lambert (OP)
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August 14, 2013, 08:51:12 PM
Last edit: September 23, 2013, 12:54:05 PM by Peter Lambert
 #1

Let's do something good together:

Because I think donating money to charities is important, and the people who are making money are the ones who can give it away, I have decided to set up an account on BTCT.co with the name 'Charity' to grow dividends for charity.

I will hold shares sent to Charity, and any dividends they receive will be donated to charities. If an asset is not dividend generating, I will sell it as the share price increases. I will endeavor to make this as transparent as possible. The publicly viewable portfolio for this account is https://btct.co/portfolio/hrc3Cw==

To start things off I have donated 10 shares of BTC-BOND.

When making a donation transfer, remember that the user name is case sensitive, so the initial 'c' should be capitalized. If you would like your donation to be anonymous, please send me a PM first, otherwise I will make a note of donations in this thread.

If anybody wants to donate bitcoins to this, use the bitcoin address: 19esDddyT1RWznX9NNyR7SrZWEaNj3jtdz

Suggestions of charities which accept bitcoins are welcome. I may also convert the bitcoins to USD and send the money to charities, but this is much harder to make as transparent, so I would prefer to donate the bitcoins directly.

This needs a good title, Profit for Charity?

I am doing this as a generous way to make it easy for anybody to donate to charities with the money they make in bitcoin stocks. I am not being payed or compensated in any way.


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Peter Lambert (OP)
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August 14, 2013, 08:51:31 PM
Last edit: August 16, 2013, 08:02:57 PM by Peter Lambert
 #2

FAQ

Q: What's up with your trust rating, why should we trust you?
A: So, I ran an investment fund on the original GLBSE stock exchange, but I closed it down. Some people didn't like the way things went, the fund lost a bunch of money. If I could do it over again, I would do things differently. I have made payments to the people who came forward and told me what they had lost. See the original thread here: https://bitcointalk.org/index.php?topic=35775.0

Other than that, I have had many successful dealings with other people, but nobody has given me feedback.

There is nobody I trust more than myself to run this. If you do not want to participate, that is fine. I anticipate this will grow very slowly. If nobody else wants to contribute, I will still use this as my own way of separating some of my earnings out to set them aside to help other people.


Q: How are we to ensure that our donations are purely for charity sake?
A: The portfolio is open for anybody to look at. There are already a number of charities starting to accept bitcoins directly, so we will start by donating to those, that way the payments will be visible on the blockchain for anybody to see.

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August 15, 2013, 01:51:07 AM
 #3

Ahh yes a guy with -5 trust wants people to give him free btc "for charity"
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August 15, 2013, 03:06:40 AM
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Please make your charitable donations directly to me and do not request any verification that it will be used for charitable purposes
worldinacoin
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August 15, 2013, 03:19:16 AM
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How are we to ensure that our donations are purely for charity sake?
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August 15, 2013, 03:41:57 AM
 #6

Scum right here guys.

Don't deal with Peter if you value integrity.
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August 15, 2013, 03:54:55 AM
 #7

I like the idea, but I feel your not the right person. 

Peter Lambert (OP)
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August 15, 2013, 09:00:37 AM
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Ahh yes a guy with -5 trust wants people to give him free btc "for charity"

That's funny, I didn't have any trust ratings yesterday.

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August 15, 2013, 09:43:47 AM
 #9

so... what happened to your trust rating?

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August 15, 2013, 09:58:27 AM
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This happened: https://bitcointalk.org/index.php?topic=35775.0
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August 15, 2013, 10:06:11 AM
 #11

this "charity" = your pocket
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August 15, 2013, 10:07:09 AM
 #12

this "charity" = your pocket
+1. DO NOT donate.

.







.
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August 15, 2013, 10:35:39 AM
 #13

I like the idea, but I feel your not the right person. 


+1 - You've had an account since 2011 and no one has provided positive trust? Someone with a higher level of trust would receive more donations.

Peter Lambert (OP)
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August 15, 2013, 01:00:04 PM
 #14

I like the idea, but I feel your not the right person.  


+1 - You've had an account since 2011 and no one has provided positive trust? Someone with a higher level of trust would receive more donations.

It looks like just one person has given me a negative review. The trust system is pretty new, I didn't go back and find all the people I have ever dealt with to rate them either.

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August 15, 2013, 05:35:07 PM
 #15

I think you're full of shit. Wink

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August 16, 2013, 02:34:28 PM
 #16

I like the idea, but I feel your not the right person.  


+1 - You've had an account since 2011 and no one has provided positive trust? Someone with a higher level of trust would receive more donations.

It looks like just one person has given me a negative review. The trust system is pretty new, I didn't go back and find all the people I have ever dealt with to rate them either.

There's a broad spectrum of difference between going back and finding all the people you have had a positive deal with and zero of the people you have had a positive deal with. I'd suggest working on that since trust is the only thing that matters when you're selling us on charity donations.

Peter Lambert (OP)
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August 16, 2013, 08:08:21 PM
 #17

Edited OP to add link to the spreadsheet I started, and added the first questions to the FAQ.

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August 18, 2013, 05:54:47 PM
 #18

BTC-TC has a feature that allows a person to make their account viewable by anyone with a BTC-TC account. This feature is used by (or ought to be used by) many issuers. If Peter turns on this feature, then anyone can verify that his fund holds the securities and BTC that he says it holds.

For example, Here is MININGCO.ETF's account: https://btct.co/portfolio/gr83


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Peter Lambert (OP)
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August 18, 2013, 11:21:15 PM
 #19

BTC-TC has a feature that allows a person to make their account viewable by anyone with a BTC-TC account. This feature is used by (or ought to be used by) many issuers. If Peter turns on this feature, then anyone can verify that his fund holds the securities and BTC that he says it holds.

For example, Here is MININGCO.ETF's account: https://btct.co/portfolio/gr83


I thought I had already turned that feature on? And you should be able to view it even without a BTC-TC account?

The publicly viewable portfolio for this account is https://btct.co/portfolio/hrc3Cw==


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The best place for betting with bitcoin: BitBet.us
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August 18, 2013, 11:25:38 PM
 #20

BTC-TC has a feature that allows a person to make their account viewable by anyone with a BTC-TC account. This feature is used by (or ought to be used by) many issuers. If Peter turns on this feature, then anyone can verify that his fund holds the securities and BTC that he says it holds.
I thought I had already turned that feature on? And you should be able to view it even without a BTC-TC account?

If you are not logged into BTC-TC, you get this: "Log in to see this user's portfolio..."

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