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Author Topic: Evaluating Havelock securities performances  (Read 2564 times)
RiverBoatBTC
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July 03, 2014, 07:36:42 PM
 #21

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

But did they give you dollars or bitcoins? If I gave you 1 bitcoin and got back 20 cool, but If I gave you 20 and your gave me 1 not cool.

Unless you said all BTC are tied to USD at the time they gave you the coins.

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OgNasty
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July 03, 2014, 07:48:23 PM
 #22

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

But did they give you dollars or bitcoins? If I gave you 1 bitcoin and got back 20 cool, but If I gave you 20 and your gave me 1 not cool.

Unless you said all BTC are tied to USD at the time they gave you the coins.

They didn't give me anything.  I don't get a salary and didn't take any cut of the BTC that was raised from the sale of the Nasty Mining IPO.  I am a regular NastyFans seat holder the same as everyone else.  They gave Nasty Mining funds to purchase mining equipment, which was done in USD, as is everything when you transfer BTC from one place to another...  Thinking you spend BTC (whether that be on a fanclub membership or honey from Bees Brothers) and you could get a refund at that BTC rate later is incorrect, thus the valuation in your mind will be incorrect any time the BTC rate changes.  Was Bitcoin at the time a better investment than the Nasty Mining IPO?  Yes.  Did IPO investors lose any money in NastyFans?  No.

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RiverBoatBTC
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July 03, 2014, 07:59:53 PM
 #23

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

But did they give you dollars or bitcoins? If I gave you 1 bitcoin and got back 20 cool, but If I gave you 20 and your gave me 1 not cool.

Unless you said all BTC are tied to USD at the time they gave you the coins.

They didn't give me anything.  I don't get a salary and didn't take any cut of the BTC that was raised from the sale of the Nasty Mining IPO.  I am a regular NastyFans seat holder the same as everyone else.  They gave Nasty Mining funds to purchase mining equipment, which was done in USD, as is everything when you transfer BTC from one place to another...  Thinking you spend BTC (whether that be on a fanclub membership or honey from Bees Brothers) and you could get a refund at that BTC rate later is incorrect, thus the valuation in your mind will be incorrect any time the BTC rate changes.  Was Bitcoin at the time a better investment than the Nasty Mining IPO?  Yes.  Did IPO investors lose any money in NastyFans?  No.


I do not agree, if I pay you one way I want that payment back the exact same way. If I paid you with a CC I want the money back on my CC, not to western union me pesos because that is the currency YOU use. If you buy something online in a different country the refund you the exact same currencys back.. it does not matter if it has lost or gained value. Can you understand that, Gold is gold no matter the value, just like BTC is BTC.

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July 03, 2014, 08:03:06 PM
 #24

I do not agree, if I pay you one way I want that payment back the exact same way. If I paid you with a CC I want the money back on my CC, not to western union me pesos because that is the currency YOU use. If you buy something online in a different country the refund you the exact same currencys back.. it does not matter if it has lost or gained value. Can you understand that, Gold is gold no matter the value, just like BTC is BTC.

I would like to hire you as my lawyer to get all the funds back that were spent on currently undelivered mining equipment.

Wait, you mean we have no case?  You mean your entire thinking is incorrect and wouldn't be recognized by any court, jury, or regulator?  Oh well, it doesn't hurt to dream.   Roll Eyes

I did get a chuckle out of you saying that if you paid for goods sold in Japan with USD, that you would get your USD refunded back regardless of what the USD/Yen exchange rate was.  It highlights your ignorance wonderfully.

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July 03, 2014, 08:07:52 PM
 #25

@RiverBoatBTC:  BTC is the unit of account here, that's not even up for debate.  When I invest dollars, I count my profit in dollars, not bitcoins.  When I invest bitcoin, i count it in bitcoin, not dollars.  Basic stuff.

Further, if my understanding is correct, the "dividends" come from mining bitcoin.  If bitcoin price tanks instead of climbing, his "fans" would not suddenly get higher divs, so "btc is just a transport layer for $$$ bit falls flat Undecided

@OgNasty:  Talking about courts and regulations while peddling unregistered securities is a bit silly, no?  (lol@the wording on your site, almost as gud as Slaughter's "AMC is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits.") 

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July 03, 2014, 08:09:02 PM
 #26

I do not agree, if I pay you one way I want that payment back the exact same way. If I paid you with a CC I want the money back on my CC, not to western union me pesos because that is the currency YOU use. If you buy something online in a different country the refund you the exact same currencys back.. it does not matter if it has lost or gained value. Can you understand that, Gold is gold no matter the value, just like BTC is BTC.

I would like to hire you as my lawyer to get all the funds back that were spent on currently undelivered mining equipment.

Wait, you mean we have no case?  You mean your entire thinking is incorrect and wouldn't be recognized by any court, jury, or regulator?  Oh well, it doesn't hurt to dream.   Roll Eyes

Maybe your just going about it the wrong way, scratch this Club shit out and form a legal entity known as a trust. The trust can then sue the mining manufactures, securities issue solved. How do I know this works its common practice and it in fact is what they are doing to sue BFL. Its not hard to prove a company negligent and show they have caused you financial losses due to that. If that shit with BFL backdooring miners is true watch them get sued into thin air.

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July 03, 2014, 08:12:38 PM
 #27

How do I know this works its common practice and it in fact is what they are doing to sue BFL.

Nobody has successfully won a case like this.  You're now stating that your valuation beliefs are based on the fundamentals of frivolous lawsuits.

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RiverBoatBTC
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July 03, 2014, 08:14:59 PM
 #28

How do I know this works its common practice and it in fact is what they are doing to sue BFL.

Nobody has successfully won a case like this.  You're now stating that your valuation beliefs are based on the fundamentals of frivolous lawsuits.

frivolous... are you a BFL koolaid kid? If so I can see why you see things the way you do. Anyone who sticks up or believes BFL is not facked is just as facked in the head.


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July 03, 2014, 08:26:02 PM
 #29

@RiverBoatBTC:  BTC is the unit of account here, that's not even up for debate.  When I invest dollars, I count my profit in dollars, not bitcoins.  When I invest bitcoin, i count it in bitcoin, not dollars.  Basic stuff.

Bitcoin is not the unit of account, as you are not held accountable for that unit by anyone.  If you lost BTC, but your BTC investment makes you a ton of money, you cannot simply claim you didn't make money.  Therefore, I choose to use the financial standards widely accepted around the globe as an account of measure.  Not only because it's obviously the correct way to do it, or because it is the responsible way to give numbers to members who choose to pay taxes based on the misbelief we aren't just allocating donations, but because it's the best way to show in real terms how an entity has performed over time.


Further, if my understanding is correct, the "dividends" come from mining bitcoin.  If bitcoin price tanks instead of climbing, his "fans" would not suddenly get higher divs, so "btc is just a transport layer for $$$ bit falls flat Undecided

Your understanding is incorrect.  NastyFans distributions come from donations.  These donations can come from any number of sources, but one thing is for sure, the amount donated has been highly tied to the USD exchange rate historically.  I think people definitely consider the exchange rate when making a donation, or any time they transfer BTC.


@OgNasty:  Talking about courts and regulations while peddling unregistered securities is a bit silly, no?  (lol@the wording on your site, almost as gud as Slaughter's "AMC is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits.")  

I am not peddling unregistered securities.  I didn't create NastyFans.  I don't run NastyFans.

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July 03, 2014, 08:34:18 PM
 #30

Lawl, "donations"  Thank your lucky stars you're just an irrelevant muppet, uninteresting even to the baby TLAs.  As I said, u got all the verve and sophistication of Kenneth Slaughter, but without the common sense.
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July 03, 2014, 08:35:37 PM
 #31

Do you still tie your dollars to gold or silver? Cause that what the value of that paper is and is the proper unit of account.

Bitcoin = Dollar = Gold & Silver.

Anyone want to run the numbers on that to see if it comes up as a loss or a gain?


Who watches the mining equipment?

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July 03, 2014, 08:39:38 PM
 #32

@RiverBoatBTC:  BTC is the unit of account here, that's not even up for debate.  When I invest dollars, I count my profit in dollars, not bitcoins.  When I invest bitcoin, i count it in bitcoin, not dollars.  Basic stuff.

Bitcoin is not the unit of account, as you are not held accountable for that unit by anyone.  If you lost BTC, but your BTC investment makes you a ton of money, you cannot simply claim you didn't make money.  Therefore, I choose to use the financial standards widely accepted around the globe as an account of measure.  Not only because it's obviously the correct way to do it, or because it is the responsible way to give numbers to members who choose to pay taxes based on the misbelief we aren't just allocating donations, but because it's the best way to show in real terms how an entity has performed over time.


Further, if my understanding is correct, the "dividends" come from mining bitcoin.  If bitcoin price tanks instead of climbing, his "fans" would not suddenly get higher divs, so "btc is just a transport layer for $$$ bit falls flat Undecided

Your understanding is incorrect.  NastyFans distributions come from donations.  These donations can come from any number of sources, but one thing is for sure, the amount donated has been highly tied to the USD exchange rate historically.  I think people definitely consider the exchange rate when making a donation, or any time they transfer BTC.


@OgNasty:  Talking about courts and regulations while peddling unregistered securities is a bit silly, no?  (lol@the wording on your site, almost as gud as Slaughter's "AMC is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits.")  

I am not peddling unregistered securities.  I didn't create NastyFans.  I don't run NastyFans.

 
Just living off others people money while scamming in tha club. I get it. So cool. Blaze some weed, pour that chumpagun.
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July 03, 2014, 08:43:24 PM
 #33

Just living off others people money while scamming in tha club. I get it. So cool. Blaze some weed, pour that chumpagun.

Ya, that's why I donate my time, electricity, and have personally donated more than 25 BTC to the organization...  It's sad that I can be attacked with such ignorance.

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July 03, 2014, 08:52:31 PM
 #34

Just living off others people money while scamming in tha club. I get it. So cool. Blaze some weed, pour that chumpagun.

Ya, that's why I donate my time, electricity, and have personally donated more than 25 BTC to the organization...  It's sad that I can be attacked with such ignorance.

Ya its sad people feed such scammers.
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July 03, 2014, 09:31:23 PM
 #35

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

Spending 1 and getting back 20 is certainly losing money when that 1 would have turned into some multiple of 20 by doing nothing with it.
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