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Author Topic: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w  (Read 23306 times)
Mushoz
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June 22, 2012, 12:12:39 PM
 #21

10 Week Deposit: 2.5% payout weekly (10% monthly, or 25% for entire term)

2,5% weekly interest over 10 weeks should actually be 1,025^10 = 1,280084544 =~ 28% over the entire 10 weeks
25% over 10 weeks is "only" 1,25^(1/10) = 1,022565183 =~ 2,26% weekly.

So which one is it? Thanks Smiley

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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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der_meister
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June 22, 2012, 12:34:07 PM
 #22

"payout weekly" i.e. not compounding interest  Smiley

Moving on is a simple thing,
what it leaves behind is hard...
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June 22, 2012, 12:40:11 PM
 #23

Sorry for grumbling, but how are you planing to cover loss of 2k btc with your 4btc\day with increasing difficulty?

My Bitmessage address: BM-Bc9dpmehK1ihtgHgXKVypTsDwmL4czMx .
฿: 1ShadowAM654zohrsjeso5pf9Sr4x4uYd Ł: LShadowAUpAy4r3yb2skZDe4vWFrLMNGtT ₪: 4ShadowA3DqkGv5zjLukcm88wSzvhbatsk
Mushoz
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June 22, 2012, 01:39:39 PM
 #24

Are you investing in Pirateat40's Bitcoin Savings and Trust or a pass-through operation for BST?
And if so, how big of a % of your total funds is invested with him and are you able to guarantee payouts if Pirate defaults?
Thanks!

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June 22, 2012, 09:25:49 PM
 #25

watching my investment  Grin
nckrazze
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June 23, 2012, 01:23:00 AM
 #26

Sorry for grumbling, but how are you planing to cover loss of 2k btc with your 4btc\day with increasing difficulty?

Haven't updated yet, and I also invest in other opportunities that rise up, I have some of my personal coins with Pirate, but none of the coins of my depositors. I keep a fine line between the two.
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June 23, 2012, 03:50:41 PM
 #27

Can I get a deposit address for a 10 week term, with a weekly 2,5% payout? I would like to deposit 11BTC.
Thank you very much in advance!

Edit: Oh, nevermind. I didn't notice the minimum is 100 BTC. My bad Smiley

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June 29, 2012, 11:18:08 PM
 #28

All payouts for this week paid out. Please confirm receipt.

*Table also updated.
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June 30, 2012, 08:23:09 PM
 #29

Interest payment received. Thanks,
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July 07, 2012, 12:10:25 AM
 #30

Deposits sent out, please confirm.
cytokine
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July 07, 2012, 02:01:15 AM
 #31

Deposits sent out, please confirm.

Confirmed! Cheesy
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July 07, 2012, 11:59:09 AM
 #32

Deposits sent out, please confirm.

Received, thanks.

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July 09, 2012, 07:23:38 PM
 #33

How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month

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SimBesh
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July 10, 2012, 12:03:15 AM
 #34

How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month

only his profit on top of the 2.5% would vary.
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July 10, 2012, 06:22:42 AM
 #35

How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month
Are you getting confused with weekly & monthly? 2.5% a week is 2.5% a week, but a different amount each month (Feb is 10%, March is 11.??%). Was that it?
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July 10, 2012, 05:22:37 PM
 #36

How do you ensure these fixed interest rates stay fixed? Surely they differ from month to month
Are you getting confused with weekly & monthly? 2.5% a week is 2.5% a week, but a different amount each month (Feb is 10%, March is 11.??%). Was that it?

I was referring more to business models that are dependent on loans of 2.5%/week. Most businesses will have a varying degree of profit margins, which you note that it changes from month to month. If nckrazze doesn't deal in fiat (aside from his mining op) how does he afford more to acquire more bitcoins to pay the interest on the principal?

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phantitox
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July 11, 2012, 05:35:55 AM
 #37

are you accepting new depositors?
nckrazze
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July 11, 2012, 12:51:11 PM
 #38

are you accepting new depositors?

Yes.
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July 13, 2012, 02:09:13 AM
 #39

I would like to setup a one month account.
nckrazze
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July 13, 2012, 05:56:41 AM
 #40

I would like to setup a one month account.

PM'd
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