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Author Topic: update 09/12. chungenhung deposits, 0BTC available, 4% for 30 days  (Read 11762 times)
chungenhung (OP)
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January 06, 2012, 04:30:44 PM
Last edit: September 12, 2012, 04:41:52 PM by chungenhung
 #1

chungenhung's deposits.
As of September 12, 2012, the deposit availability is 0BTC.
Will update this page to reflect the amount available.

Rates lowered, but I am still offering higher rates than most people on this forum.

Deposit amount should be at least 50BTC, and the deposit amount should be a full number. This will make it easier to calculate the 4% interest.
Note that I choose to use 4% per 30 days, and NOT based on calendar month. This will eliminate the variance in 28 to 31 days months.

You can choose to have your money back with 4% interest in one month, or you can keep deposit compounded.

Rules:
1. I reserve the right to repay the deposit earlier, the rate will be prorated. However, the minimum deposit time will not be less than 2 weeks. This way, you are guaranteed a 3% interest per 15 days for every deposit.
2. First come first served.
3. Repayment will be in BTC, and NOT in USD. This helps minimize the wildly BTC price swings. If you want the repayment in USD, we will use MtGox last price.

Here is my heatware reputation http://www.heatware.com/eval.php?id=64239
Trusted seller http://bitcointalk.org/index.php?topic=484.msg644724#msg644724
I have successfully completed transaction here
https://bitcointalk.org/index.php?topic=53973.msg644715#msg644715 Teach stock trading strategy
https://bitcointalk.org/index.php?topic=53718.msg667335#msg667335 Bought $71 Amazon gift card
https://bitcointalk.org/index.php?topic=56378.msg671346#msg671346 Sold 12.6BTC for $70 Paypal
https://bitcointalk.org/index.php?topic=55801.msg678922#msg678922 Sold five AMD 5870
https://bitcointalk.org/index.php?topic=59877.0 borrowed 200BTC, repaid.
https://bitcointalk.org/index.php?topic=62302.0 borrowed 100BTC, repaid 115BTC.
https://bitcointalk.org/index.php?topic=53718.msg784846#msg784846 bought Amazon GC
https://bitcointalk.org/index.php?topic=67637.0 bought Amazon $25 GC.
https://bitcointalk.org/index.php?topic=67089.0 bought Amazon GC
https://bitcointalk.org/index.php?topic=67829.0 bought Amazon GC

Not posted, but completed transactions with the following members:
notawake, Kluge, znort987, conspirosphere, S. Omega, minimalB, and others. See this thread for repayed loans.
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2weiX
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January 06, 2012, 04:51:04 PM
 #2

why not put this on GLBSE and pay dividends?
fred0
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January 07, 2012, 03:08:59 PM
 #3

why not put this on GLBSE and pay dividends?
+1
jamesg
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January 07, 2012, 03:36:59 PM
 #4

Hmmm. This sounds familiar.
chungenhung (OP)
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January 13, 2012, 03:15:41 PM
 #5

bump
bitdragon
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January 13, 2012, 03:28:49 PM
 #6

hi,

-What happens if you don't pay or your plan goes sour?
-What are the variables as to the success of your operation that are independent of your control?

Any information would be appreciated,

Thanks

ineededausername
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January 13, 2012, 03:31:49 PM
 #7

hi,

-What happens if you don't pay or your plan goes sour?
-What are the variables as to the success of your operation that are independent of your control?

Any information would be appreciated,

Thanks

1. He has rep.  If you don't think it's enough, you don't have to lend to him.  That's how it is for everything.
2. It doesn't matter.  If he spends it on hookers and blow but then buys BTC to pay back to you, he would still not be a scammer.

(BFL)^2 < 0
bitdragon
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January 13, 2012, 03:38:19 PM
 #8

hi,

-What happens if you don't pay or your plan goes sour?
-What are the variables as to the success of your operation that are independent of your control?

Any information would be appreciated,

Thanks

1. He has rep.  If you don't think it's enough, you don't have to lend to him.  That's how it is for everything.
2. It doesn't matter.  If he spends it on hookers and blow but then buys BTC to pay back to you, he would still not be a scammer.

I know I don't have to lend to him and he doesn't have to answer any questions. You are free as well to claim it is irrelevant.
Others can lend blindly. I never accused or insinuated that he is a scammer.
I am free to ask what my funds are funding and that does matter to me. There are other values than being or not a scammer.

Typically, I will not subsidize hookers and blow, however insignificant you think it is.

chungenhung (OP)
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January 13, 2012, 03:38:40 PM
 #9

hi,

-What happens if you don't pay or your plan goes sour?
-What are the variables as to the success of your operation that are independent of your control?

Any information would be appreciated,

Thanks
I can provide you full name and address, and copy of pay stub showing i have steady income.
I also operate a 9GH farm.
If you want to discuss the details, PM me
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January 13, 2012, 08:38:36 PM
 #10

He claims he "can make 15-25% or even more on your money per yr, with almost zero risk."
https://bitcointalk.org/index.php?topic=53973

Seems like a sure thing to me  Grin
chungenhung (OP)
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January 13, 2012, 11:11:56 PM
 #11

He claims he "can make 15-25% or even more on your money per yr, with almost zero risk."
https://bitcointalk.org/index.php?topic=53973

Seems like a sure thing to me  Grin
Wow, you just never got tired?
Are you so pissed that I am making money and you are not?
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January 13, 2012, 11:15:31 PM
 #12

Quote
Loan amount should be at least 25BTC, and the loan amount should be a full number. This will make it easier to calculate the 15% interest.
suspicious...  Roll Eyes

It is pitch black. You are likely to be eaten by a grue.

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yossarian
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January 13, 2012, 11:23:16 PM
 #13

1. He has rep.  If you don't think it's enough, you don't have to lend to him.  That's how it is for everything.

Where exactly? Can you provide a #bitcoin-otc rating?

I'm always buying and selling BTC, PM me for details. Rating and GPG-key: http://is.gd/yossarian

Buy and sell BTC via SEPA: https://www.bitcoin.de/r/nrnxg6

Bitmessage: BM-2DAoXPtLdQEnR2iSneCTjpgRPtzXsSAi1m
vuce
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January 13, 2012, 11:25:00 PM
 #14

why not put this on GLBSE and pay dividends?

I think this is the best idea for this amount of money.
bitcoinTrader
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January 13, 2012, 11:31:33 PM
 #15

Cant find the OP on http://bitcoin-otc.com/viewratings.php

chungenhung (OP)
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January 14, 2012, 12:27:54 AM
 #16

why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.
jamesg
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January 14, 2012, 02:32:31 AM
 #17

why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
chungenhung (OP)
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January 14, 2012, 02:34:31 AM
 #18

why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
That, and the other person would also need to learn.
I have no problem learning how to use it, but would others do too is the question.
For now, I like heatware.com
jamesg
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January 14, 2012, 02:37:08 AM
 #19

why would i be on there?
i do my transactions here on this forum.
To be honest, that otc rating system is too complicated for 99.99% of the people.

If you want a good reputation, it would be best to take the time to figure out pgp and get a rating on the OTC IMHO.
That, and the other person would also need to learn.
I have no problem learning how to use it, but would others do too is the question.
For now, I like heatware.com

If you look at my rating link you will see that I have dealt with over 70 other ppl in transactions on the -otc. Many of them being first timers and just getting their gpg identity setup.
yossarian
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January 14, 2012, 09:59:01 AM
 #20

So far, 1671 people have manage to sign up for the rating system on #bitcoin-otc. Looks like it's doable.

Quote
I have no problem learning how to use it, but would others do too is the question.

That sounds kind of arrogant. So you're saying YOU could do it, but others are too stupid, so why even bother? Good luck finding customers with that attitude.

I'm always buying and selling BTC, PM me for details. Rating and GPG-key: http://is.gd/yossarian

Buy and sell BTC via SEPA: https://www.bitcoin.de/r/nrnxg6

Bitmessage: BM-2DAoXPtLdQEnR2iSneCTjpgRPtzXsSAi1m
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