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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.

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nimda
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June 24, 2012, 06:52:01 PM
 #121

Who's buying at 1.04 and 1.05?
Someone who's about to create a whole lot of volatility?

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
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MMM Extra - The right step towards the goal!


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June 24, 2012, 06:55:03 PM
 #122

Who's buying at 1.04 and 1.05?

Someone who knows something we don't

 Huh

Equilux
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June 30, 2012, 11:30:24 AM
 #123

I'd like to participate in the 1% weekly bond. I only have 40 though Smiley

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June 30, 2012, 09:18:01 PM
 #124

goat,

You just have given us an example how hard and risky with doing business, which make me doubt with why and how you can pay out interest so high and so much. If someone borrow 20btc and return 22btc in a month, this may be realisitic and reasonable, but I do not think it is reasonable at the scale you are running.

You're doing business with Bitcoin, which cannot be printed by central banks. It is difficult to earn them, I think.

Except this arb program, can you give us a disclosure about the bitcoin exchange rate risk you involed in other business. How will you be effected if the Bitcoin exchange rate against fiat money countinues this rally.

16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
Equilux
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July 09, 2012, 03:22:39 AM
 #125

Any update on the weekly 1% bond?

stochastic
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July 15, 2012, 08:27:36 AM
 #126

Okay here are the maths...

7326 total shares sold minus 700 for bitcoinica = 6626 left for us to pay out.

6626 / 7326 = .9044499

I have placed a bid on GLBSE for 300 shares at that price. I will place more tomorrow (going to bed soon).

Keep in mind if bitcoincia pays us tomorrow there is no way I can send you back the extra .05 BTC. This donation will be put towards my losses if you want to do it this way.

Thank you.




43.6585 BTC was received.

Thanks.


Because Zhou sent us some coin I am going to move up the bid price on GLBSE to .91

As soon as we get more funds from Bitcoinica / Intersango I will pass them along.

Also I talked to Donald about out account being "accurate" yet not being paid out. It seems Patrick held the coin and refused to send them out. He vetoed the other guys work. This was about 4 days before the last hack. However now that Patrick has quit and Intersango is going to get sued who knows what will happen.

I will be setting up that 1% bond on GLBSE this week.

Thanks all.


Glad you got some funds back.  IMO, the problem is that there are too many opinions in Bitcoinica.  It is one reason I don't like to work with groups of people and prefer to create things alone.  New ideas are implemented at a crawl and one person thinks the other person is in charge of things.  A better solution of whoever was in charge of Bitcoinica would have been to not give a percentage of ownership, but do a percentage of profits.  That way there is a clear person in charge yet talented workers have incentive to grow the company.

Introducing constraints to the economy only serves to limit what can be economical.
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August 17, 2012, 06:12:51 PM
 #127

Other people involved are my partner the coder and someone who helps him.

Is one of them the guy who ran bitscalper ?

Good question and lulz no!



I know it's an old post, but I thought i would bump this up, because of this post :

With Bitscalper I was never sure or not if it was a scam or just fail security. It is starting to look like this as well.

However I would like to know why this guy has bitscalpers source code. Only MinningBudy and myself other than bitscalper got it.

Some more clarification would be great.

From this post

Hum, so you're talking about 3 people in your team for TyGrr-Bot... And only 3 people including bitscalper had the bitscalper source code...
Well, I guess my question was indeed good, and you were lying...

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lonelyminer (Peter Šurda)
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August 21, 2012, 11:19:40 AM
 #128

Has the bond been setup? How do I exchange my tygrr-bot shares with the bond?
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