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Author Topic: [Debt Sale] Selling 52.41 BTC debt for 15 BTC  (Read 2560 times)
juggalodarkclow
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March 29, 2012, 06:37:25 PM
 #21

Payment sent. Check your PM for more.

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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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jamesg (OP)
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March 29, 2012, 06:39:32 PM
 #22

Payment sent. Check your PM for more.

Confirmed and sold.
Garr255
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March 29, 2012, 08:22:22 PM
 #23

There's definitely money to be made here. Do I smell a bitcoin collections agency in the near future.

That you do.

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March 29, 2012, 08:58:58 PM
 #24

Now that this is done, what's to stop Andrew from buying his own debt and would you have settled for 15 BTC from him?

1P95gCUCw3Tjb7yyoYtW3ARZZQyTpFgk6H
jamesg (OP)
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March 29, 2012, 09:05:28 PM
 #25

Now that this is done, what's to stop Andrew from buying his own debt and would you have settled for 15 BTC from him?

That is an interesting question. I'm not sure to be honest.
juggalodarkclow
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March 29, 2012, 09:39:13 PM
 #26

Now that this is done, what's to stop Andrew from buying his own debt and would you have settled for 15 BTC from him?
What if I am Andrew?Huh


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....... but in all seriousness I'm not Andrew



mcorlett
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March 29, 2012, 09:43:03 PM
 #27

....... but in all seriousness I'm not Andrew
Now I think you are...

juggalodarkclow
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March 29, 2012, 09:58:39 PM
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....... but in all seriousness I'm not Andrew
Now I think you are...

lulz

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March 29, 2012, 10:20:51 PM
 #29

From gigavps's perspective it doesn't really matter. He gets the same amount regardless of who bought it.
Garr255
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March 31, 2012, 07:12:48 AM
 #30

But it's deeper than that, not paying back a debt can be comapared to theft. When someone steals your car then gives back half a third of it and says sorry, that's still not okay Tongue

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jamesg (OP)
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March 31, 2012, 11:38:44 AM
 #31

As a last word on this topic, I have donated the proceeds of this debt sale to the BAMT creator for his efforts on his wonderful software.
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