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payb.tc (OP)
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July 07, 2012, 07:53:07 AM |
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^^^ thanks guys, half way there already. i know it's not much of a bonus, but you're competing with 'free' since i could have just made a withdrawal from BST  |
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btcash
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July 07, 2012, 08:15:23 AM |
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What is BST?
I coundn't fid any information about this service.
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payb.tc (OP)
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July 07, 2012, 08:35:42 AM |
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What is BST?
I coundn't fid any information about this service.
Bitcoin Savings & Trust that's where i deposit the coins to earn interest, but you will need much more than 10 BTC to get an account there directly. |
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zyk
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July 07, 2012, 12:04:22 PM |
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got a largish withdrawal request today and so to help keep my balance stable, i'm offering an extra 0.1% on any deposits from now until Sunday 03:00 UTC.
offer limited to 1 btc (for the next 1000 btc worth of deposits)
(to the withdrawer: if this little promo goes nowhere, i'll just get the coins from BST)
thanks!
promo over or still valid? did you ever needed to draw on BST before? Thanks Zyk |
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John (John K.)
Global Troll-buster and
Legendary
 Offline
Activity: 1288
Merit: 1227
Away on an extended break
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July 07, 2012, 12:31:15 PM |
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By the way, for safety reasons, only process my withdraw application IF I request it using my Bitcoin-OTC GPG key(in my signature) to prevent unauthorised withdrawals. Somebody please quote my post to preserve my statement.  |
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danieldaniel
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July 07, 2012, 12:40:40 PM |
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By the way, for safety reasons, only process my withdraw application IF I request it using my Bitcoin-OTC GPG key(in my signature) to prevent unauthorised withdrawals. Somebody please quote my post to preserve my statement. Quoted. |
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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
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July 07, 2012, 12:44:31 PM |
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Thanks guys for the quotes.  I was just wondering -if- our forums get compromised again or I somehow leaked my pass for the forums then someone could easily send in a withdrawal request for me. |
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piotr_n
Legendary
Offline
Activity: 2055
Merit: 1359
aka tonikt
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July 07, 2012, 12:46:57 PM |
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Thanks guys for the quotes. I was just wondering -if- our forums get compromised again then someone could easily send in a withdrawal request for me. Then he may as well replace the PGP key in your signature. I think a better protection is to fix your withdrawal address and never allow to use a different one while requesting a withdrawal. Eventually payb.tc could have also required you to sign the withdrawal request with the withdrawal address - and such level of security would be sufficient for me. |
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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John (John K.)
Global Troll-buster and
Legendary
Offline
Activity: 1288
Merit: 1227
Away on an extended break
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July 07, 2012, 12:50:41 PM |
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Thanks guys for the quotes. I was just wondering -if- our forums get compromised again then someone could easily send in a withdrawal request for me. Then he may as well replace the PGP key in your signature. I think a better protection is to fix your withdrawal address and never allow to change it while requesting a withdrawal. Eventually you can also use the withdrawal address to sign the withdrawal request. Well, he'll have to hijack bitcoin-otc too as my key is listed there. However, you are absolutely correct about using a fixed withdrawal address and only allow changing of the withdrawal address by signing the statement with the previous withdrawal address. |
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piotr_n
Legendary
Offline
Activity: 2055
Merit: 1359
aka tonikt
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July 07, 2012, 12:52:31 PM |
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However, you are absolutely correct about using a fixed withdrawal address and only allow changing of the withdrawal address by signing the statement with the previous withdrawal address.
I'm glad we agree on it. @payb.tc, could you please commit to such a security procedure? I will be sleeping much better after you do...  |
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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rdponticelli
Sr. Member
Offline
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
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July 07, 2012, 01:13:17 PM |
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i'm offering an extra 0.1% on any deposits from now until Sunday 03:00 UTC.
offer limited to 1 btc (for the next 1000 btc worth of deposits)
So, lets say I deposit 5BTC now. 1BTC would receive the 7% rate while the other 4 gets the 6.9%? That's how it would work? |
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ErebusBat
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July 07, 2012, 01:33:11 PM |
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i'm offering an extra 0.1% on any deposits from now until Sunday 03:00 UTC.
offer limited to 1 btc (for the next 1000 btc worth of deposits)
So, lets say I deposit 5BTC now. 1BTC would receive the 7% rate while the other 4 gets the 6.9%? That's how it would work? I could be wrong, but I think he meant that you must deposit AT LEAST 1 BTC. |
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chunglam
Donator
Full Member
Offline
Activity: 229
Merit: 106
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July 07, 2012, 01:38:43 PM |
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i'm offering an extra 0.1% on any deposits from now until Sunday 03:00 UTC.
offer limited to 1 btc (for the next 1000 btc worth of deposits)
So, lets say I deposit 5BTC now. 1BTC would receive the 7% rate while the other 4 gets the 6.9%? That's how it would work? I could be wrong, but I think he meant that you must deposit AT LEAST 1 BTC. I think he meant the offer limited to next 1000 btc worth of deposits, 1000 btc * 0.1% = 1 btc |
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Michail1
Legendary
Offline
Activity: 1499
Merit: 1164
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July 07, 2012, 04:24:57 PM |
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Correct.
He needed 1000BTC
Offered .1% bonus for a total of 1BTC.
Since he is only making .1% (7% - 6.9% = .1%), he was offering to give up his profit to immediately fill a withdraw request.
He won't offer more, because he would go negative. So, he would simply make a withdraw from BST. The idea is that he wants to keep his account stable with BST in fear of getting a lower interest. (Me guessing).
I know for fact he has enough now.
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Asunder8
Newbie
Offline
Activity: 14
Merit: 0
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July 07, 2012, 04:52:24 PM |
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If I already have an account, would I have the extra .1% automatically credited to any deposits sent to my deposit address before the deadline (provided you haven't filled your 1000 BTC quota)?
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Michail1
Legendary
Offline
Activity: 1499
Merit: 1164
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July 07, 2012, 04:55:41 PM |
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If I already have an account, would I have the extra .1% automatically credited to any deposits sent to my deposit address before the deadline (provided you haven't filled your 1000 BTC quota)?
He filled it. |
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Asunder8
Newbie
Offline
Activity: 14
Merit: 0
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July 07, 2012, 05:08:00 PM |
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If I already have an account, would I have the extra .1% automatically credited to any deposits sent to my deposit address before the deadline (provided you haven't filled your 1000 BTC quota)?
He filled it. Whoops. Thanks |
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payb.tc (OP)
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July 07, 2012, 10:07:25 PM |
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just woke up from a marathon 10.5 hour sleep this weekend which apparently my body really needed. crashed out early last night like a little kid.
yep the little promo is over and did the trick nicely, thanks everyone.
it was just something i thought up on the spur of the moment and don't have a magic php script adding the bonus for me... so don't worry if yours is missing, it'll get added soon.
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Michail1
Legendary
Offline
Activity: 1499
Merit: 1164
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July 07, 2012, 10:09:40 PM |
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just woke up from a marathon 10.5 hour sleep this weekend which apparently my body really needed. crashed out early last night like a little kid.
Damn, that's like sleep enough to last 3 days. |
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payb.tc (OP)
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July 07, 2012, 11:16:47 PM |
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just woke up from a marathon 10.5 hour sleep this weekend which apparently my body really needed. crashed out early last night like a little kid.
Damn, that's like sleep enough to last 3 days. yes and knowing my lifestyle, it'll probably have to not that it matters now (coz it's over) but it seems the promo caused a little confusion... the 0.1% had nothing to do with the weekly interest. it was simply [0.1% of the deposit amount] added to your balance. for security, i'm going to start locking down withdrawal addresses. to start with, all withdrawals from now on will just go to the address on your account. no more "please withdraw to 1xxxyyy..." in my PMs. |
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