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payb.tc (OP)
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July 04, 2012, 03:57:21 AM |
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yes, BST trust accounts start at 5% for balances of 5000 or more.
needless to say, my BST account has a few more than 5000 in it now.
if that ever changes, i'll give lenders advance notice of any change to rates.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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chunglam
Donator
Full Member
 Offline
Activity: 229
Merit: 106
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July 04, 2012, 04:03:05 AM |
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yes, BST trust accounts start at 5% for balances of 5000 or more.
needless to say, my BST account has a few more than 5000 in it now.
if that ever changes, i'll give lenders advance notice of any change to rates.
I can bump up a few hundreds BTC to my deposit account if you need it, just PM me and give me some time to arrange it. |
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payb.tc (OP)
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July 04, 2012, 04:12:52 AM |
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yes, BST trust accounts start at 5% for balances of 5000 or more.
needless to say, my BST account has a few more than 5000 in it now.
if that ever changes, i'll give lenders advance notice of any change to rates.
I can bump up a few hundreds BTC to my deposit account if you need it, just PM me and give me some time to arrange it. thanks, good to know! |
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hongus
Full Member
Offline
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
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July 04, 2012, 04:51:11 AM |
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it's official... the weekly bitcoinmax rate come 1st of August will be:
6.9%
HOW!? Magic of the red parrot. as in if pirate is dropping to 3.9%, he has to shell out the 3% himself? Taken right from the thread: Trust Account
Trust accounts are considered partner accounts, designed for members that manage sub-accounts.
Benefits:
Rates Starting At 5%*
Unlimited Deposits
Create & Manage Sub-Accounts
Trusted Account Verification Seal Thanks for clearing it up. didn't read that part. Anyways I hope this 6.9% goes on forever! I've already got plans for what i'll do with the bitcoins in the longrun (:< |
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fatigue
Full Member
Offline
Activity: 196
Merit: 100
Bitcoin is a food group.
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July 04, 2012, 04:53:32 AM |
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it's official... the weekly bitcoinmax rate come 1st of August will be:
6.9%
HOW!? Magic of the red parrot. as in if pirate is dropping to 3.9%, he has to shell out the 3% himself? Taken right from the thread: Trust Account
Trust accounts are considered partner accounts, designed for members that manage sub-accounts.
Benefits:
Rates Starting At 5%*
Unlimited Deposits
Create & Manage Sub-Accounts
Trusted Account Verification Seal Thanks for clearing it up. didn't read that part. Anyways I hope this 6.9% goes on forever! I've already got plans for what i'll do with the bitcoins in the longrun (:< Dont we all? |
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Valalvax
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July 04, 2012, 04:56:57 AM |
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The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
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fatigue
Full Member
Offline
Activity: 196
Merit: 100
Bitcoin is a food group.
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July 04, 2012, 04:59:02 AM |
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The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
it actually takes 10 weeks compounded continuously  |
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Coin.Karma
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July 04, 2012, 05:01:44 AM |
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+++capital in the pipeline, lets keep it always above 5000, more bits to be added soon, thanks for an awesome service.
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Valalvax
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July 04, 2012, 05:03:37 AM |
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The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
it actually takes 10 weeks compounded continuously Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income) So... suffice to say Screw you buddy, NEARLY doubled |
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fatigue
Full Member
Offline
Activity: 196
Merit: 100
Bitcoin is a food group.
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July 04, 2012, 05:08:55 AM |
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The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
it actually takes 10 weeks compounded continuously Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income) So... suffice to say Screw you buddy, NEARLY doubled lol! i was just putting the numbers out there for anyone who wanted them  i knew learning javascript would come in handy some day. |
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Valalvax
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July 04, 2012, 05:11:23 AM |
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The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
it actually takes 10 weeks compounded continuously Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income) So... suffice to say Screw you buddy, NEARLY doubled lol! i was just putting the numbers out there for anyone who wanted them i knew learning javascript would come in handy some day. Yea, I'd already run the math... numerous times, various scenarios, how long til I could retire on just interest (not very long at all) etc etc etc... |
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Lumpy
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July 04, 2012, 06:49:31 AM |
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I'd like to post some feedback on payb.tc: I started an account with Bitcoin Max a little less two weeks ago and have been through two Monday cycles. Overall I felt uncertain about Pirate--this was my first try at a PPT--but I wanted to take the risk to try to recoup some of my significant mining bond losses. I'm pleased to report that everything went smoothly! Payb.tc responded promptly and professionally to my many pestering PMs. I deposited a quite a few BTC (upper 3 digits) and withdrew most of it (4 digits) today. I also love the level of information the website gives for all aspects of the operation: deposit/interest/withdrawals. Thanks for the great service!  Just wondering why you would you deposit so much and then withdraw it today? I need to be able to sleep at night. Regardless, kudos to payb.tc! |
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tosku
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July 04, 2012, 09:03:05 AM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? |
Skude.se/BTC - an easier way to request your daily free coins!
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RoloTonyBrownTown
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July 04, 2012, 09:04:37 AM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. |
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isthisreallife
Newbie
Offline
Activity: 32
Merit: 0
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July 04, 2012, 09:16:24 AM |
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Even though I am no longer depositing with Pirate, bitcoinmax is really an excellent service. At the cut he's taking, this is basically volunteer work (and I'm sure it is a LOT of work). I was always surprised with how dedicated payb.tc has been to his depositors. Very professional and seamless.
+1 Payb.tc customer service is similar to spendbitcoins. +1 I bought my first ever BTC from spendbitcoins a week or so ago and sent them all to BitcoinMax. I've since been paid my first interest and withdrawn a portion. Fantastic service all round. Stoked to see the rate won't change! Thanks! |
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payb.tc (OP)
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July 04, 2012, 09:33:26 AM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. ...or wait for other lenders' deposits to cover it. same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal. |
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piotr_n
Legendary
Offline
Activity: 2053
Merit: 1354
aka tonikt
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July 04, 2012, 01:29:42 PM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. ...or wait for other lenders' deposits to cover it. same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal. So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account? |
Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.PGP fingerprint: AB9E A551 E262 A87A 13BB 9059 1BE7 B545 CDF3 FD0E
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payb.tc (OP)
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July 04, 2012, 01:53:25 PM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. ...or wait for other lenders' deposits to cover it. same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal. So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account? correct BST account only has 1 deposit address |
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piotr_n
Legendary
Offline
Activity: 2053
Merit: 1354
aka tonikt
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July 04, 2012, 02:04:10 PM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. ...or wait for other lenders' deposits to cover it. same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal. So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account? correct BST account only has 1 deposit address Then it is generous form you that you start counting right after the first confirmation, just rounded to the next half an hour. Unless you have some kind of automatic deposit forwarding that is active while you are sleeping...? |
Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.PGP fingerprint: AB9E A551 E262 A87A 13BB 9059 1BE7 B545 CDF3 FD0E
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payb.tc (OP)
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July 04, 2012, 02:42:13 PM |
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although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.
What do you mean with "subject to availability"? He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first. ...or wait for other lenders' deposits to cover it. same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal. So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account? correct BST account only has 1 deposit address Then it is generous form you that you start counting right after the first confirmation, just rounded to the next half an hour. Unless you have some kind of automatic deposit forwarding that is active while you are sleeping...? no, you're right. it is inevitable that a certain % of the coins will be sitting in my own wallet for a time earning no interest at all. but this is no worse for me really than keeping some of my own personal coins offline. |
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