.....just send him all the details, so he dosen't have another excuse to say that all did not comply.
^ The statement above is in contradiction to one of (pirateat40's)
Trendon's ORIGINAL RULES WHEN MANY OF OUR ACCOUNTS WERE SETUP.
Loosely quoted (as PIRATE has since deleted all traces of it....)
...if you borrow or invest other user's money into my program, I DO NOT WANT TO KNOW ANYTHING ABOUT IT, OR YOU WILL LOSE YOUR ACCOUNT...I ONLY DEAL WITH DIRECT ACCOUNT HOLDERS !
Withholding such information at this point CLEARLY suits the rules and regulations Trendon initially set our accounts up with and the forum administration could very well reach back into page revisions and pull THAT statement out of this were to ever become a legal issue, or his so-called 'grounds' for REFUSING TO RE-PAY LENDERS.
bitlane you are magic, so this is potentially a "fully legal" ponsi, where lender him/herself would break a contract by supplying information about their account/s, and their account would be invalid. Or am I the only other one that finds this point interesting? Very good!
bitlate do you have original post/link?
can´t hold my breath now, as nothing is donated
of course he knew beforehand that he better won´t have known in a situation like this, that there are (should i name them? - PPT ´s )
for which lenders(the small fish) he would potentially be responsible and therefore "REFUSING TO RE-PAY LENDERS" is ment for "PPT´s".
and "DO NOT WANT TO KNOW ANYTHING ABOUT IT, OR YOU WILL LOSE YOUR ACCOUNT[/b]...I ONLY DEAL WITH DIRECT ACCOUNT HOLDERS !"
is ment for the investors soon to be treated as "direct account holders" as soon as data is given to him.
Re: [BitcoinMax.com] Closed
Today at 09:11:37 PM
Quote from: BCbitcoin on Today at 07:12:44 PM
It's concerning that paybtc isn't explicitly stating that any payment will go first to repay principal (total deposits - total withdrawals) first before any "interest" is paid. In this case, the "interest" was just the btc of the new depositors.
In the event that paybtc did a straight percentage based payout across all his accounts just based on the current balance he would be running his own ponzi scheme.
This too could be the motivation in not handing over the details. The only reason to hide the details of a sub account would be if that sub account had withdrawn more than it had deposited and therefore revealed the location where other peoples btc went.
actually, i have already stated that. sorry this thread is so disorganised. don't really have much time to write an essay in the OP.
i originally wrote the order of the payouts:
- those that requested withdrawals before BST closed.
- principal balance up until bst closed, in order of user id (account age)
- interest accrued after bst closed, in order of user id (account age)
all that pretty much assumed full payout.
if there's a partial payout, and funds are distributed via a %, then it doesn't matter if interest+principal is paid in one tx or two, it'll still add up to the same amount.
This is nor the attitude neither the mathematics of a CEO of an honest but bankrupt enterprise----if bitcoinmax is ment to survive, the OP is before tomorrow to be changed to at least in:
proper english from zykloogish, but without changing the mathematics , technichalies and features :
As bitcoinmax always stated, your coins are lost !, as Trendon Shavers shaves us all.
In case the defaulted entity BCST is assuming its liabilities to bitcoinmax or pays out
any amount to bitcoinmax, all principal investments are payed back evenly up to the
amount deposited. The gained interest of all accounts is put in escrow until further notice.
If bitcoinmax liabilities to you are not fully covered by this proceedure and in case
BCST pays zilch, i payb.tc, will pact with bitlane to recover what is being able to recover
from Trendon Shavers.
The interest which i accrued during operation of bitcoinmax up to date is given back to recover
your principal investments.
As far as it stands, pirate has not option neither right to get your data or information
through my hands.
Seeing forward to provide further investment possibilities to you in the future.