Bitcoin Forum
December 11, 2016, 12:37:40 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Poll
Question: How would you rate Bitcoin Savings & Trust?
5 - Excellent
4 - Very Good
3 - Good
2 - Fair
1 - Poor
No comment just show me the results.

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 ... 71 »
  Print  
Author Topic: Bitcoin Savings and Trust | Home | Closed  (Read 774552 times)
notme
Legendary
*
Offline Offline

Activity: 1540


View Profile
November 06, 2011, 05:36:21 PM
 #21

If you'll sign a message with your OTC private key I may be willing to lend you 50 BTC on the storage plan.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
1481416660
Hero Member
*
Offline Offline

Posts: 1481416660

View Profile Personal Message (Offline)

Ignore
1481416660
Reply with quote  #2

1481416660
Report to moderator
1481416660
Hero Member
*
Offline Offline

Posts: 1481416660

View Profile Personal Message (Offline)

Ignore
1481416660
Reply with quote  #2

1481416660
Report to moderator
1481416660
Hero Member
*
Offline Offline

Posts: 1481416660

View Profile Personal Message (Offline)

Ignore
1481416660
Reply with quote  #2

1481416660
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481416660
Hero Member
*
Offline Offline

Posts: 1481416660

View Profile Personal Message (Offline)

Ignore
1481416660
Reply with quote  #2

1481416660
Report to moderator
1481416660
Hero Member
*
Offline Offline

Posts: 1481416660

View Profile Personal Message (Offline)

Ignore
1481416660
Reply with quote  #2

1481416660
Report to moderator
pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 06, 2011, 09:30:32 PM
 #22

If you'll sign a message with your OTC private key I may be willing to lend you 50 BTC on the storage plan.

I would be happy to send you a signed message.

ovidiusoft
Sr. Member
****
Offline Offline

Activity: 252


View Profile
November 07, 2011, 09:35:50 AM
 #23

OP, how about a listing on GLBSE? It will be much easier to manage (it should be trivial for the storage plan) and at the same time allow lenders to put up much smaller amounts than 50 BTC. You probably already know how much you will need in storage, issue that amount of shares at 1 BTC/share (or double at 0.5 or... or...), and you just have to pay dividends (weekly?). You can even automatize the buy back if you put buy orders at 0.999. On-demand plan would be possible too.
pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 07, 2011, 05:03:35 PM
 #24

OP, how about a listing on GLBSE? It will be much easier to manage (it should be trivial for the storage plan) and at the same time allow lenders to put up much smaller amounts than 50 BTC. You probably already know how much you will need in storage, issue that amount of shares at 1 BTC/share (or double at 0.5 or... or...), and you just have to pay dividends (weekly?). You can even automatize the buy back if you put buy orders at 0.999. On-demand plan would be possible too.

Interesting, I looked at it a while back and thought it may work but had a couple issues that would make it harder to manage. I'll take another look at it and see.

Thanks

teek
Hero Member
*****
Offline Offline

Activity: 664


ASICMINER Official Canadian Distributor


View Profile
November 07, 2011, 05:51:13 PM
 #25

OP, how about a listing on GLBSE? It will be much easier to manage (it should be trivial for the storage plan) and at the same time allow lenders to put up much smaller amounts than 50 BTC. You probably already know how much you will need in storage, issue that amount of shares at 1 BTC/share (or double at 0.5 or... or...), and you just have to pay dividends (weekly?). You can even automatize the buy back if you put buy orders at 0.999. On-demand plan would be possible too.


Yep the GLBSE would work pretty good for this..

notme
Legendary
*
Offline Offline

Activity: 1540


View Profile
November 07, 2011, 05:59:03 PM
 #26

OP, how about a listing on GLBSE? It will be much easier to manage (it should be trivial for the storage plan) and at the same time allow lenders to put up much smaller amounts than 50 BTC. You probably already know how much you will need in storage, issue that amount of shares at 1 BTC/share (or double at 0.5 or... or...), and you just have to pay dividends (weekly?). You can even automatize the buy back if you put buy orders at 0.999. On-demand plan would be possible too.

Interesting, I looked at it a while back and thought it may work but had a couple issues that would make it harder to manage. I'll take another look at it and see.

Thanks


Notes: glbse charges 0.001 BTC for withdrawal.  For the buyback strategy to work, the bitcoins have to sit on glbse, which defeats the whole purpose.  Still, a good option to consider.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
November 07, 2011, 06:32:48 PM
 #27

Subscribing as I am interested but would like to hear back from others experiences.
ovidiusoft
Sr. Member
****
Offline Offline

Activity: 252


View Profile
November 07, 2011, 09:51:21 PM
 #28

Notes: glbse charges 0.001 BTC for withdrawal.  For the buyback strategy to work, the bitcoins have to sit on glbse, which defeats the whole purpose.  Still, a good option to consider.

OP could simply send the coins directly from GLBSE to the interested parties (and I assume OP is gaining more than the 0,001 per withdrawal, otherwise he wouldn't offer the percentages to the lenders Smiley ). Alternatively, OP could keep just a reasonable amount in GLBSE for buybacks (5-10%?), and when the amount is consumed, he can send some more and so on...
imsaguy
General failure and former
VIP
Hero Member
*
Offline Offline

Activity: 574

Don't send me a pm unless you gpg encrypt it.


View Profile WWW
November 07, 2011, 11:51:47 PM
 #29

I think GLBSE makes it harder than it needs to be.  His current system works very well.

I did this with Pirate for quite a while and never had any issues whatsoever.  My interest payments were timely and I was always able to withdraw according to our terms.  I only quit using him because I liquidated a large percentage of my working capital.  I look forward to reinvesting with him.

Coming Soon!™ © imsaguy 2011-2013, All rights reserved.

EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
Payment Address: http://btc.to/5r6
pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 08, 2011, 12:03:37 AM
 #30

I think GLBSE makes it harder than it needs to be.  His current system works very well.

I did this with Pirate for quite a while and never had any issues whatsoever.  My interest payments were timely and I was always able to withdraw according to our terms.  I only quit using him because I liquidated a large percentage of my working capital.  I look forward to reinvesting with him.

Thanks

BTW, Thanks to all those that have invested with me thus far.  I have two transactions so far setup for this week and feel much better now that I don't have to go knocking on doors or waiting on the exchanges to clear my funds.  Much appreciated. Smiley

Cory
Sr. Member
****
Offline Offline

Activity: 288


View Profile
November 08, 2011, 05:38:29 PM
 #31

As I said I would do, I'm here to indicate that I received my first interest payment today, exactly as promised. I also lent pirateat40 some more BTC.

Can't wait for the front end. Smiley

jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
November 08, 2011, 06:48:49 PM
 #32

As I said I would do, I'm here to indicate that I received my first interest payment today, exactly as promised. I also lent pirateat40 some more BTC.

Can't wait for the front end. Smiley

Based off of this feedback, I have made a deposit and will report back results as they come in.
payb.tc
Hero Member
*****
Offline Offline

Activity: 812



View Profile
November 08, 2011, 09:25:08 PM
 #33

As I said I would do, I'm here to indicate that I received my first interest payment today, exactly as promised. I also lent pirateat40 some more BTC.

Can't wait for the front end. Smiley

i also got mine.
notme
Legendary
*
Offline Offline

Activity: 1540


View Profile
November 09, 2011, 08:15:01 PM
 #34

Received 1st interest payment today.  Thanks PirateAt40!

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 09, 2011, 08:21:23 PM
 #35

Received 1st interest payment today.  Thanks PirateAt40!

No thank you.  This is making my life so much easier. Smiley

jamesg
VIP
Legendary
*
Offline Offline

Activity: 1330


AKA: gigavps


View Profile
November 11, 2011, 04:19:15 PM
 #36

I have received my first interest payment on schedule. Looking good so far.  Cheesy

Thanks pirateat40!
pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 11, 2011, 04:36:33 PM
 #37

I have some big orders stacking up next week, this is becoming a full time job.  Shocked
 

finway
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 11, 2011, 04:38:56 PM
 #38

Just curious:
what business make this high profits?  Huh

This contributes GDP to BTC world.

pirateat40
Avast Ye!
Sr. Member
****
Offline Offline

Activity: 378


"Yes I am a pirate, 200 years too late."


View Profile WWW
November 11, 2011, 04:42:01 PM
 #39

Just curious:
what business make this high profits?  Huh

This contributes GDP to BTC world.

Groups of people that want to be off the radar, buy large quantities and instant availability.  I would say its the Hard Money sector of Bitcoin.

finway
Hero Member
*****
Offline Offline

Activity: 714


View Profile
November 11, 2011, 04:47:03 PM
 #40

Quote
1% per day
that's tripple a year.   Shocked

Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 ... 71 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!