[CLOSED] ★ VESCUDERO's Risk-free Weekly Term deposits at 1.5% ★

[VEscudero]

Hello,

As you may know, the initial 1,000 BTC limit of my deposit was quickly reached even even before starting the operation. I did not planned to increase the capacity of this risk-free deposit for a while. Nevertheless, given the great amount of investors that could not get in during the launch of this deposit, I have decided to increase the limit just a little bit for new small investors.

In order to let small investors participate in my deposit I have decided to remove the minimum limit of 10 btc and I will start accepting small deposits ranging from just 1 btc to a maximum of 50 btc for those of you that could not get in earlier but also that wanted to take advantage of the current 2% weekly interest rate of this risk-free deposit. I am going to offer this increased capacity for current investors as well, so those which right now have deposits under 50 btc will be able to deposit some additional coins until reaching this upper limit of 50 bitcoins. Depositors with larger amounts will be able to maintain or withdraw their current deposits at will.

The deadline for making new deposits will always be on Sundays at 17:00 UTC (i.e 6 PM BST, 7 PM CET, 1 PM PST or 10 AM PDT). As a rule of thumb, depositors should PM me 24 hours before that deadline only in case they wish to withdraw their funds from their deposit so I can pay out not only their weekly interests but also their principal on time. By default, I will assume that everybody is willing to maintain their deposits with me, so please PM if it is not the case.

As this weekend is the first one in which depositors are going to receive their earned interests, I will exceptionally accept withdrawal orders just a few hours before the deadline, but please take this into account for the coming weeks. You can notify me of your choice to withdraw your funds any time during the week, and even at the very moment of funding your deposit.

Interest will always be paid also on Sundays although the exact time will likely vary from one week to another. In fact this week, I will be watching the EURO Cup championship soccer final between Italy and my beloved Spanish Armada, so I will do my best paying out interests/withdrawals a little bit earlier this week.

Edit: Spain finally won the EURO Cup beating Italy 4-0.

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[VEscudero]

I confirm the reception of funds from 1PkFr9gUxB, nimda, 1GqbET4cd6, Btc4Domains and 1QDnipe8Fr.
I am updating the first post of this thread right now, so expect to see your deposits listed there in a few minutes.

[VEscudero]

As announced payments will be paid a little bit earlier today, expect them about 15:00 UTC.

[VEscudero]

Hi folks,
payments has been sent. Please check your wallets and confirm reception.

[Otoh]

Muchas gracias, my wallet made a happy bleep sound an hour ago  

[PsychoticBoy]

Made a deposit of 5 BTC 

Greetz

[VEscudero]

Made a deposit of 5 BTC

Greetz

Thanks PsychoticBoy, I confirm the reception of your coins.
I have just updated the list of deposits with yours.

[gsan]

Interest payment received, many thanks.

[VEscudero]

I've got 5 btc to lend out for one week. Interested?

Oh, nvm, I think I missed it by a few hours.

Yes, I'm afraid you missed it, nevertheless you will be able to make a deposit for the week starting at July 8th.

Although you can make the deposit right now, you won't earn any interest before that date, so I think you might better wait a few days and make your deposit later before the deadline (i.e Sunday, 5pm UTC).

[pekv2]

I've got 5 btc to lend out for one week. Interested?

Oh, nvm, I think I missed it by a few hours.

Yes, I'm afraid you missed it, nevertheless you will be able to make a deposit for the week starting at July 8th.

Although you can make the deposit right now, you won't earn any interest before that date, so I think you might better wait a few days and make your deposit later before the deadline (i.e Sunday, 5pm UTC).

I've got payments to make so I would not be able to do next week. It's all good. That should've caught my eye before posting but caught my eye afterwards.

[Maidak]

deposited 5 btc looking forward to this thanks.

[PsychoticBoy]

Deposited another 20 BTC to my savings account.

Greetz

[VEscudero]

Thank you Maidak and PsychoticBoy.
I have just updated the OP with the lists of your deposits.

[VEscudero]

Tomorrow I will pay the interests generated during this week.
Right now, the deposit is open for new investors that want to earn 2% interests next week.

[finkleshnorts]

I would like to deposit 15 BTC.

[VEscudero]

I would like to deposit 15 BTC.

I have just PM'ed to send unique address for deposit and ask about the address for sending interests/withdrawals.

[IveBeenBit]

Victor, I see from NCKrazze's thread that you have 400BTC on deposit with him. That is about 1/4 of the amount you've borrowed so far. If he runs off with the deposits, are you capable of personally covering that and paying back your depositors? I guess I'm asking if "Guaranteed" really means "guaranteed."

Posts like this: https://bitcointalk.org/index.php?topic=79020.msg893684#msg893684 make me wary of spotting him too much money.

[VEscudero]

Victor, I see from NCKrazze's thread that you have 400BTC on deposit with him. That is about 1/4 of the amount you've borrowed so far. If he runs off with the deposits, are you capable of personally covering that and paying back your depositors? I guess I'm asking if "Guaranteed" really means "guaranteed."

Posts like this: https://bitcointalk.org/index.php?topic=79020.msg893684#msg893684 make me wary of spotting him too much money.

Yes, even if nckrazze runs off with the deposits I have my own reserves of bitcoins in cold-storage to cover that and paying back my depositors.

By the way nckrazze is not the only guy I have deposits with, for example I also have long term deposits with hashking's at 1.75% weekly and other deposits and loans with other respected guys. Those only represents a fraction of my own reserves in bitcoins.

[Otoh]

I don't need it for myself but if you wished to reassure lenders about your reserves then you could always post that you have x amount of coins in cold storage at y address, then prove ownership of them by stating an exact token amount that you will send from it within 24 hrs or something ( to the address in my sig  )

[VEscudero]

I will manage trust issues a little bit different here, as there will always be investors afraid of losing their coins because of unscrupulous people willing to run off with their money.

I personally give higher credit to a person who is not afraid of revealing his/her real identity in the real world ^TM.

In order to let my investors know that I am a trustworthy person in which they can trust, I am going to provide the kind of details some of you tend to ask me before investing in my deposit.

These details are linked to my real identity and you can think of them as a deterrent for me not running off with your deposits as I am not going to risk my personal credibility in my day-today job or risk my my own physical body.

Please, make your own judgement based on what I publicly disclose to you:

• LinkedIn profile
• Personal Blog
• Secure Email
• Twitter account
• Facebook account
• Bitcoin over-the-counter ratings
• GPG Signatures from people that know me personally.

These are some of the things I also assess before borrowing or lending money to other bitcoin users, although different people have different approaches and your mileage may vary.