[BitcoinMax.com] Closed

[payb.tc]

Would it be possible to let us add a percentage to donate to you per week?

Even if (from me) it's only 1%, it's still a donation.

hey thanks for the offer, but the commission is enough to make this project worthwhile... besides, it's kinda fun.
if anyone really feels the need, they can always send anonymously to http://payb.tc/donate

[SimBesh]

just out of curiosity , how many coins do you have/manage or roundabout~ 15k? 20K?
just to get an idea just how trustworthy/reputable you actually being (which is a lot)

[John (John K.)]

just out of curiosity , how many coins do you have/manage or roundabout~ 15k? 20K?
just to get an idea just how trustworthy/reputable you actually being (which is a lot)

It's magnitudes more then that. 

[payb.tc]

just out of curiosity , how many coins do you have/manage or roundabout~ 15k? 20K?
just to get an idea just how trustworthy/reputable you actually being (which is a lot)

more than 7 but less than 4,000,000

[RoloTonyBrownTown]

Not something that payb.tc should probably disclose though

[SimBesh]

Not something that payb.tc should probably disclose though

what's the reason?

[payb.tc]

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.

[SimBesh]

true, fair enough

[lenny_]

Request withdrawal of 200 BTC, received without problems. Thank you

[dlasher]

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

[conspirosphere.tk]

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]

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.

[flower1024]

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]

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.

[ErebusBat]

[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).

[Soros Shorts]

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]

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

THIS PLEASE!

[BTC-engineer]

 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.


 

[lenny_]

Good point. Another way to contact him is essential.

[John (John K.)]

 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.