Bitcoin Savings and Trust | Home | Closed

[pirateat40]

Sounds good You're gonna be rich, man!

The better news is that the market seems to be moving in the BTC direction.  While I know we don't all support the underground markets, word is spreading of the benefits of our wonderful currency.

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[BTCurious]

Sounds good You're gonna be rich, man!

The better news is that the market seems to be moving in the BTC direction.  While I know we don't all support the underground markets, word is spreading of the benefits of our wonderful currency.

Nice! And now that you're well-known and reliable to them, they won't by-pass you either even though they could borrow bitcoins without your help, probably.

I don't really know what business you run exactly. Can you trust this new client of yours to be as reliable as you've been so far?

[pirateat40]

Sounds good You're gonna be rich, man!

The better news is that the market seems to be moving in the BTC direction.  While I know we don't all support the underground markets, word is spreading of the benefits of our wonderful currency.

Nice! And now that you're well-known and reliable to them, they won't by-pass you either even though they could borrow bitcoins without your help, probably.

I don't really know what business you run exactly. Can you trust this new client of yours to be as reliable as you've been so far?

My clients deal in cash only and I don't move a single coin until the cash is in hand and i'm out of harms way (just in case ).  So risk is almost 0.

[terrytibbs]

Sounds good You're gonna be rich, man!

The better news is that the market seems to be moving in the BTC direction.  While I know we don't all support the underground markets, word is spreading of the benefits of our wonderful currency.

Nice! And now that you're well-known and reliable to them, they won't by-pass you either even though they could borrow bitcoins without your help, probably.

I don't really know what business you run exactly. Can you trust this new client of yours to be as reliable as you've been so far?

My clients deal in cash only and I don't move a single coin until the cash is in hand and i'm out of harms way (just in case ).  So risk is almost 0.

And then you buy coins to top up the balance, right? What about price fluctuations?

[pirateat40]

Sounds good You're gonna be rich, man!

The better news is that the market seems to be moving in the BTC direction.  While I know we don't all support the underground markets, word is spreading of the benefits of our wonderful currency.

Nice! And now that you're well-known and reliable to them, they won't by-pass you either even though they could borrow bitcoins without your help, probably.

I don't really know what business you run exactly. Can you trust this new client of yours to be as reliable as you've been so far?

My clients deal in cash only and I don't move a single coin until the cash is in hand and i'm out of harms way (just in case ).  So risk is almost 0.

And then you buy coins to top up the balance, right? What about price fluctuations?

The prices for picking up coins from my clients selling coins is set prior to the purchases most of the time.  Anything not covered is hedged or I take the risk personally.

[Cory]

I sincerely trust pirateat40. He has proven himself over and over again. I withdrew half of my holdings with him today; the transaction went extremely smoothly and he was very accommodating. If there's an opening, definitely take advantage of that opportunity and make a crazy amount of interest with one of the best, most upstanding pirates of the bitcoin community.

[notme]

Please implement password change before you implement withdrawal.  Thanks for always being quick to respond.  Congratulations on the new client!

[pirateat40]

Please implement password change before you implement withdrawal.  Thanks for always being quick to respond.  Congratulations on the new client!

No worries.

[BTCurious]

Edit: There was some mistake. It's fixed now

[terrytibbs]

The prices for picking up coins from my clients selling coins is set prior to the purchases most of the time.  Anything not covered is hedged or I take the risk personally.

Sounds like a reasonable plan. If you switch the payouts to daily and allow for automated withdrawals, you can consider me interested.

[pirateat40]

The prices for picking up coins from my clients selling coins is set prior to the purchases most of the time.  Anything not covered is hedged or I take the risk personally.

Sounds like a reasonable plan. If you switch the payouts to daily and allow for automated withdrawals, you can consider me interested.

I appreciate your interest but anyone labeled by the forum mods or banned as a scanner from OTC are not able to invest in my venture.  I have a lot of respect for Maged and Theymos and return the favor by not dealing with anyone on "the list".

Again, thanks for your interest and maybe one day we can work together.

-pirate

[terrytibbs]

The prices for picking up coins from my clients selling coins is set prior to the purchases most of the time.  Anything not covered is hedged or I take the risk personally.

Sounds like a reasonable plan. If you switch the payouts to daily and allow for automated withdrawals, you can consider me interested.

I appreciate your interest but anyone labeled by the forum mods or banned as a scanner from OTC are not able to invest in my venture.  I have a lot of respect for Maged and Theymos and return the favor by not dealing with anyone on "the list".

Again, thanks for your interest and maybe one day we can work together.

-pirate

That's pretty interesting considering the fact that I could (seemingly) just sign up for a new account on here and be well on my way to getting accepted.

Instead, I choose to persist and stick with this account, hopefully displaying my integrity and transparency, and yet you kick me in the butt.

I still respect your opinion, and with whom you do business with is a decision you make solely at your own discretion, but I do ask that you reconsider.

[BTCurious]

If we're still voting on interest payout periods: I vote daily. I love seeing balances increase

[Maged]

That's pretty interesting considering the fact that I could (seemingly) just sign up for a new account on here and be well on my way to getting accepted.

No, you couldn't. Scammers are not allowed to have sockpuppets, so the account would be banned on sight.

The prices for picking up coins from my clients selling coins is set prior to the purchases most of the time.  Anything not covered is hedged or I take the risk personally.

Sounds like a reasonable plan. If you switch the payouts to daily and allow for automated withdrawals, you can consider me interested.

I appreciate your interest but anyone labeled by the forum mods or banned as a scanner from OTC are not able to invest in my venture.  I have a lot of respect for Maged and Theymos and return the favor by not dealing with anyone on "the list".

Again, thanks for your interest and maybe one day we can work together.

-pirate

Thanks. We put a great deal of effort into ensuring that we don't have any false-positives when we mark people as scammers.

terrytibbs, I'll offer this again: Just refund all of your customers. Theymos said that he'd remove the tag (or create a new rank or something) if you just did that one thing.

[terrytibbs]

No, you couldn't. Scammers are not allowed to have sockpuppets, so the account would be banned on sight.

I think it's important that you draw the distinction between my physical ability to simply create a new account, and it being "disallowed" as per the rules.

Oh well, I will not derail pirate's little business thread like I've done to so many others.

[mcorlett]

For what it's worth, I too would like to see payouts switched to occur on a daily basis, but only when automated withdrawals are enabled. Until then it would mean nothing anyway.

[BTCurious]

For what it's worth, I too would like to see payouts switched to occur on a daily basis, but only when automated withdrawals are enabled. Until then it would mean nothing anyway.

But it's great to look at

[pirateat40]

Storage Availability Updated

[pirateat40]

Hey All,

Just a note so you all know the schedule for the next couple days.

Saturday (24th) - Interest payments will be processed. Withdraw request will be process if received by 12:00pm CST.
Sunday (25th) - Interest payments and withdraw requests will be delayed until Monday (26th).

My new client starts on Wednesday so those waiting for new accounts and storage availability won't have much longer to wait.

I wish everyone a very Merry Christmas or Holiday.  Be safe and I'll see you on the flip side.

-pirate

[chungenhung]

Would you update the first post and show when is the cutoff time for interest payment?
For example, as of xx am/pm, the balance in the account is eligible for interest. After xx am/pm, you will need to wait till next day for the interest to start counting.