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Author Topic: [BitcoinMax.com] Closed  (Read 178602 times)
payb.tc
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July 18, 2012, 01:50:58 AM
 #561

Not something that payb.tc should probably disclose though

what's the reason?

i can't really tell you the reason, for the same reason i can't tell you the reason for not telling you the reason.

sorry it's just not something for public disclosure.
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SimBesh
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July 18, 2012, 02:53:52 AM
 #562

true, fair enough
lenny_
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July 18, 2012, 03:24:13 AM
 #563

Request withdrawal of 200 BTC, received without problems. Thank you Smiley
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July 18, 2012, 05:14:11 AM
 #564

Withdraw request completed within moments of request.  Putting more in as we speak, thank you.. Smiley

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July 18, 2012, 08:08:50 AM
 #565

i'm risking 100 BTC of my own coins to make 2% per week on it.  <- this is the part that doesn't make sense to do this... when i could just get the full 7% from BST with the same risk level by depositing 100 extra into my account.

Actually you might even sell insurance on Pirate's default without risking a single Bitcent of yours: just selling partial insurance (like the 30% from PPT-x), covered only by the fees you collected up to that moment (and ideally invested in some of the most safe assets on the GLBSE -but not in anything Pirate-related).

The advantage for you is that you would take your cut anyway to pay for your work and time, and, if Pirate do not default, all the insurance funds remains yours.

For your clients, the peace of mind without the trouble of diversifying their investments themselves might be more than enough.

payb.tc
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July 18, 2012, 08:52:27 AM
 #566

i'm risking 100 BTC of my own coins to make 2% per week on it.  <- this is the part that doesn't make sense to do this... when i could just get the full 7% from BST with the same risk level by depositing 100 extra into my account.

Actually you might even sell insurance on Pirate's default without risking a single Bitcent of yours: just selling partial insurance (like the 30% from PPT-x), covered only by the fees you collected up to that moment (and ideally invested in some of the most safe assets on the GLBSE -but not in anything Pirate-related).

The advantage for you is that you would take your cut anyway to pay for your work and time, and, if Pirate do not default, all the insurance funds remains yours.

For your clients, the peace of mind without the trouble of diversifying their investments themselves might be more than enough.

sorry if it's harsh, but i've high-lighted the words that stuck out for me when reading that.

i know that one of the things people like about bitcoin max is not having to deal with gblse, and i can totally understand that, because i don't want to either. i don't have an account there and it seems way too complicated, and to be honest, it seems like too much effort.
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July 18, 2012, 08:56:58 AM
 #567

i'm risking 100 BTC of my own coins to make 2% per week on it.  <- this is the part that doesn't make sense to do this... when i could just get the full 7% from BST with the same risk level by depositing 100 extra into my account.

Actually you might even sell insurance on Pirate's default without risking a single Bitcent of yours: just selling partial insurance (like the 30% from PPT-x), covered only by the fees you collected up to that moment (and ideally invested in some of the most safe assets on the GLBSE -but not in anything Pirate-related).

The advantage for you is that you would take your cut anyway to pay for your work and time, and, if Pirate do not default, all the insurance funds remains yours.

For your clients, the peace of mind without the trouble of diversifying their investments themselves might be more than enough.

sorry if it's harsh, but i've high-lighted the words that stuck out for me when reading that.

i know that one of the things people like about bitcoin max is not having to deal with gblse, and i can totally understand that, because i don't want to either. i don't have an account there and it seems way too complicated, and to be honest, it seems like too much effort.


yes
and i really like your service and i dont see a need to complicate it (a withdraw feature through the site would be nice though).

and:
i think everbody should have its own risk-management (i even see bitcoinmax as paybt.c's risk-management for pirate) and should decide for himself how much he is willing to risk and what he thinks are safe invests.

btw: nice work paybt.c. you are my favorite passthrough!
any progress if we could use/see pirates sub-account page?
payb.tc
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July 18, 2012, 09:05:15 AM
 #568

btw: nice work paybt.c. you are my favorite passthrough!
any progress if we could use/see pirates sub-account page?

thanks! i haven't seen anything different in my BST login yet, so i can't comment on it until I know exactly what the updated site is going to be like.
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July 18, 2012, 03:22:07 PM
 #569

[quote author=flower1024 link=topic=83904.msg1038073#msg1038073
i think everbody should have its own risk-management (i even see bitcoinmax as paybt.c's risk-management for pirate) and should decide for himself how much he is willing to risk and what he thinks are safe invests.
[/quote]
^^^ this. 

If you want insurance then go get a bond that offers insurance. 

IMHO Bitcoinmax is for people that want to get as close to pirate as possible, but don't have the opportunity, for this we pay a measly 0.1%.

There are bonds out there (namely the PPT.x) that will insure you if you do not want to get that close to pirate. 

And for the record I agree with payb.tc.... GLBSE can be a PIA.  I think that bitcoinmax is a near perfect solution (nail down a solid way to secure withdrawals and I will remove near).

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July 18, 2012, 04:08:03 PM
 #570

I like bitcoinmax just the way it is.

About the only thing that is missing is a way to send a message to payb.tc if the forum is down.
phantitox
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July 18, 2012, 04:15:00 PM
 #571


 a way to send a message to payb.tc if the forum is down.


THIS PLEASE!
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July 18, 2012, 05:55:40 PM
 #572


 a way to send a message to payb.tc if the forum is down.


THIS PLEASE!

Yes, this is also the only thing I'm missing.
An email address should be sufficient as well the possibility to save the own email address in your account.


 
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July 18, 2012, 07:48:06 PM
 #573

Good point. Another way to contact him is essential.
John (John K.)
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Will read PM's. Have more time lately


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July 18, 2012, 07:50:29 PM
 #574


 a way to send a message to payb.tc if the forum is down.


THIS PLEASE!

Yes, this is also the only thing I'm missing.
An email address should be sufficient as well the possibility to save the own email address in your account.


 
This +1.

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July 18, 2012, 08:00:46 PM
 #575


 a way to send a message to payb.tc if the forum is down.


THIS PLEASE!

Yes, this is also the only thing I'm missing.
An email address should be sufficient as well the possibility to save the own email address in your account.


 
This +1.
It's possible I may have mentioned that this is a good idea as well. Smiley
jme621
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July 18, 2012, 08:38:52 PM
 #576

deposited more today, service is awesome.

and i agree on the email thing as well.

payb.tc
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July 18, 2012, 09:06:04 PM
 #577

if the forum is down, email admin @ payb.tc
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July 18, 2012, 09:58:52 PM
 #578

if the forum is down, email admin @ payb.tc

I've saved the address - ty, but for those that don't then to have it on the site would be good (which I expect you were about to add in any case)

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July 18, 2012, 10:13:39 PM
 #579

if the forum is down, email admin @ payb.tc

Another idea would be a "contact us" button at bitcoinmax.com (next to the forum link?)  Smiley

payb.tc
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July 18, 2012, 10:26:16 PM
 #580

if the forum is down, email admin @ payb.tc

Another idea would be a "contact us" button at bitcoinmax.com (next to the forum link?)  Smiley

the thing i'm a little afraid of there is that, at the moment only forum members can contact me.

if i open it up to non-forum members contacting me, i'll have to have all my scripts in place and as much automated as possible so that i can create accounts / do withdrawals with 1 click, etc.
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