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Author Topic: CoinLenders Script :: Bitcoin Bank (Borrow+Deposit) Software :: Demo Available  (Read 111131 times)
C10H15N
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August 29, 2013, 08:26:55 PM
 #21

Demo site appears to be functioning very well.  Nice work.   Smiley

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001sonkit
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August 29, 2013, 08:28:26 PM
 #22

Demo site appears to be functioning very well.  Nice work.   Smiley
And now we have human functioning well Smiley Nice
Guys had been over reacting in the past few hours
just a joke

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August 29, 2013, 10:29:32 PM
 #23

Since you shut down the other thread, I'm going to repeat my comment there here.  I'd like my money from my CD back now, with interest through today.  And none of this Inputs.io crap, just send it to the same bitcoin address that I used to fund my account. 

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August 29, 2013, 10:35:49 PM
 #24

Oh.... I jumped to an assumption from the post in the other thread. You can safely disregard my email now, unless you don't want to...  Smiley
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August 29, 2013, 10:58:49 PM
 #25

Oh.... I jumped to an assumption from the post in the other thread. You can safely disregard my email now, unless you don't want to...  Smiley

Hmm, will let you know. Smiley

Since you shut down the other thread, I'm going to repeat my comment there here.  I'd like my money from my CD back now, with interest through today.  And none of this Inputs.io crap, just send it to the same bitcoin address that I used to fund my account. 

Contact admin@glados.cc from the same email as your CL account.
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August 29, 2013, 11:51:52 PM
 #26

I hope TradeFortress realizes that all of this does nothing to deter regulators and just confuses his users instead.

Illegal activities are illegal, the wording you use doesn't matter. This is obviously still as much of an unregulated interest-bearing bank as it was before. Wink

コピペ copypaste
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August 30, 2013, 03:34:16 AM
 #27

I still don't get it, the people who have active CDs before this change, what has happened to their money?
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August 30, 2013, 05:28:00 AM
 #28

I hope my fictional playmoney is well and safe... Cheesy

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August 30, 2013, 05:29:16 AM
 #29

I still don't get it, the people who have active CDs before this change, what has happened to their money?

It is currently in a "simulation" for a fixed time, after which the "demonstration" would then return the funds with the appropriate compensation for "participating" in the demo.

If that doesn't make sense, best not to participate. One can only give so many elbow nudges and winks.
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August 30, 2013, 08:02:55 AM
 #30

I still don't get it, the people who have active CDs before this change, what has happened to their money?

It is currently in a "simulation" for a fixed time, after which the "demonstration" would then return the funds with the appropriate compensation for "participating" in the demo.

If that doesn't make sense, best not to participate. One can only give so many elbow nudges and winks.

The CoinLenders demo instance is for evaluation purposes only - there is no compensation for participating in the demo.
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August 30, 2013, 12:03:16 PM
 #31

I still don't get it, the people who have active CDs before this change, what has happened to their money?

It is currently in a "simulation" for a fixed time, after which the "demonstration" would then return the funds with the appropriate compensation for "participating" in the demo.

If that doesn't make sense, best not to participate. One can only give so many elbow nudges and winks.

The CoinLenders demo instance is for evaluation purposes only - there is no compensation for participating in the demo.

Ah sorry, my mistake. Didn't mean to mislead anyone.
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August 30, 2013, 05:17:59 PM
 #32

I hope TradeFortress realizes that all of this does nothing to deter regulators and just confuses his users instead.

Illegal activities are illegal, the wording you use doesn't matter. This is obviously still as much of an unregulated interest-bearing bank as it was before. Wink
He doesn't realise it, and that's why I called myself out.

This "wording" doesn't help you defend yourself against government agencies, but it might help you defend against your users, so it's even worse.

He might decide to go away with your money and you'd have an harder time getting it back, but if the government comes knocking at his door it won't care and confiscate anything anyway.

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August 30, 2013, 09:46:08 PM
 #33

I hope TradeFortress realizes that all of this does nothing to deter regulators and just confuses his users instead.

Illegal activities are illegal, the wording you use doesn't matter. This is obviously still as much of an unregulated interest-bearing bank as it was before. Wink
He doesn't realise it, and that's why I called myself out.

This "wording" doesn't help you defend yourself against government agencies, but it might help you defend against your users, so it's even worse.

He might decide to go away with your money and you'd have an harder time getting it back, but if the government comes knocking at his door it won't care and confiscate anything anyway.

+1

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August 30, 2013, 11:51:03 PM
 #34

Thanks for your feedback, armchair lawyers.
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August 31, 2013, 08:26:23 AM
 #35

Love the new demo!
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August 31, 2013, 01:21:07 PM
 #36

too hot for me, im out for the moment.

I was/am very statisfied with your service, if the situation cools down a bit, i might be back Smiley

Good luck with your future endevours!

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August 31, 2013, 04:03:40 PM
 #37

I may be overly skeptical here. But doesn't the fact that this is all a demo now mean that if 'Coinlenders' so wished they would be able to pay back all deposits with zero interest and there would be zero recourse against them?

This now feels like a pass through. What is to stop Coinlenders not honouring a deposit made to them when a loan hasn't been repaid? Apart from damaging their business of course.
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August 31, 2013, 04:17:03 PM
 #38

Can we still get a loan from Coinlenders? Huh Huh

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August 31, 2013, 04:19:15 PM
 #39

I may be overly skeptical here. But doesn't the fact that this is all a demo now mean that if 'Coinlenders' so wished they would be able to pay back all deposits with zero interest and there would be zero recourse against them?

It's a demo. There's no real money. So nobody will mind if TF shuts the demo down and disappears into the night, will they?

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August 31, 2013, 04:19:24 PM
 #40

Wonder when will the server moved to somewhere out of the United-Sue's places

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