Dank Bank Deposits - dank's soul is claimed! - New music Nov 30th

[squall1066]

Can people stop attacking dank?

I mean I find the idea of >3% per week profits to be hard to believe but pages and pages and pages of attacking him?  What is the point? Anyone who is invested is obviously not moved by it.  Anyone not invested has 19 pages of warning signs.  Does anyone think 21 pages is going to be a better deterrent.  Just seems kind pointless to keep piling on him.

Arnt you worried after seeing he just used your deposit to pay back an investor who requested a withdrawal?

Solid investment going on here.

I have been following this post and I have to side with deathandtaxes, as entertaining as this is, its just annoying now, The proof is in the pudding, people can read the 19 pages (LOL) and make their own mind up, Let's just kick back and see what happens.
I'm not defending, just a peacemaker, It's the mentallity here just to say bad things and call people sockpuppets, and so forth.
I for one think this will make dank even more determind to make his goal, and when he does, I expect apologies for the next 19 pages.

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[dank]

Can people stop attacking dank?

I mean I find the idea of >3% per week profits to be hard to believe but pages and pages and pages of attacking him?  What is the point? Anyone who is invested is obviously not moved by it.  Anyone not invested has 19 pages of warning signs.  Does anyone think 21 pages is going to be a better deterrent.  Just seems kind pointless to keep piling on him.

Arnt you worried after seeing he just used your deposit to pay back an investor who requested a withdrawal?

Solid investment going on here.

DeathAndTaxes already said this, he doesn't have anything invested in Dank Bank.  You think I can control when people choose to deposit?

Rarity, the age verification form is their parents.  If their parent's can't stop them from getting a pipe shipped to their house then maybe they should talk to their kids.  I'm not going to intrude into my customers' private information (which could always be fake) to judge who is deemed acceptable and not.

Would you prefer kids smoking out of harmful, home-made, concoctions made of plastic?  Because that's their alternative right there.

Btw, Rarity, I respect your decision to not do drugs, but it's wrong to force your beliefs onto others.

[Rassah]

I am pretty convinced now that Rarity is a long time SA goon. They are a pretty sheltered and pious bunch over there, so the range of their conversations pretty much never deviates from somewhere between "OMG, these people are so stupid, let's laugh at them," and "OMG, these people are doing bad things, let's explain to them how immoral they are." So just ignore him, and he'll eventually retreat to his home forum.

I miss PinkiePie 

[bitlane]

I have done plenty of research. 

No one is arguing the fact that you are probably 'Book Smart'.....
........just that you most likely grew up, living a sheltered life, peeking out of your closet.... somewhere below the Bible Belt.

[Rarity]

Rarity, the age verification form is their parents.  If their parent's can't stop them from getting a pipe shipped to their house then maybe they should talk to their kids.  I'm not going to intrude into my customers' private information (which could always be fake) to judge who is deemed acceptable and not.

No age verification system, so yes you are planning on selling drug paraphernalia to children.  You realize that is a serious federal crime, right?

http://www.justice.gov/usao/id/news/2012/may/headshops05102012.html

“Criminal organizations that masquerade as legitimate storefronts to sell drug paraphernalia to our children will not be tolerated,” said Drug Enforcement Administration Special Agent in Charge Matthew G. Barnes. “The DEA, along with our federal, state and local partners will continue to use every resource available to pursue those responsible.”

This is not just about your disgusting opinion that it's not nice to see if you are selling drug tools to school children, what you are proposing to do is flagrantly illegal, assuming you are in the US.  Anyone who is engaging in banking activities with you should be seriously concerned that the assets they have invested with you may be forfeited in a criminal investigation of your illegal drug related activities.  They should also be worried that your otherwise entirely sound banking business may become compromised when your drug addiction causes you to dip into customer funds.  It's very unwise to trust an addict with any amount of your money.

........just that you most likely grew up, living a sheltered life, peeking out of your closet.... somewhere below the Bible Belt.

I am not a Christian and neither was my family.  I have lived all over the world and performed many jobs and had many amazing relationships and spiritual experiences.  You need to peak out from your Mom's basement and your drug induced haze to learn most people in the world generally do not decide to enslave themselves to dangerous chemicals and live full and amazing lives.

Regardless, the research asked for was on the question of the harm involved with the drug, and any research shows you experts believe it to be significant.  

[dank]

Rarity, the age verification form is their parents.  If their parent's can't stop them from getting a pipe shipped to their house then maybe they should talk to their kids.  I'm not going to intrude into my customers' private information (which could always be fake) to judge who is deemed acceptable and not.

No age verification system, so yes you are planning on selling drug paraphernalia to children.  You realize that is a serious federal crime, right?

http://www.justice.gov/usao/id/news/2012/may/headshops05102012.html

“Criminal organizations that masquerade as legitimate storefronts to sell drug paraphernalia to our children will not be tolerated,” said Drug Enforcement Administration Special Agent in Charge Matthew G. Barnes. “The DEA, along with our federal, state and local partners will continue to use every resource available to pursue those responsible.”

This is not just about your disgusting opinion that it's not nice to see if you are selling drug tools to school children, what you are proposing to do is flagrantly illegal, assuming you are in the US.  Anyone who is engaging in banking activities with you should be seriously concerned that the assets they have invested with you may be forfeited in a criminal investigation of your illegal drug related activities.

........just that you most likely grew up, living a sheltered life, peeking out of your closet.... somewhere below the Bible Belt.

I am not a Christian and neither was my family.  I have lived all over the world and performed many jobs and had many amazing relationships and spiritual experiences.  You need to peak out from your Mom's basement and your drug induced haze to learn most people in the world generally do not decide to enslave themselves to dangerous chemicals and live full and amazing lives.

No, my customers will agree that they are 18 when they purchase.  That's their responsibility, not mine.  You can stop with the children fear mongering.

How is it illegal to sell a decorated piece of glass?  I'm not selling meth pipes, bud.

Also, I'm curious, have you ever heard of medicinal marijuana?  I'm quite sure patients can legally obtain the instruments needed to administer their medicine.

Not everybody has to live exactly like you.  Regarding your last statement, please list a single harmful effect of cannabis, with a study.

[Rarity]

No, my customers will agree that they are 18 when they purchase.  That's their responsibility, not mine.  You can stop with the children fear mongering.

You have no system to verify you are not selling to children in place.  You are rejecting personal responsibility for your own actions, which is pathetic when you are selling a product so harmful to children.  And yes, this is still a federal crime even if you did have such a system.  It's illegal even to sell drug paraphernalia to adults.  Even if you lie and say the products are only for tobacco use, you then have stringent requirements for age verification to sell tobacco products that vary from state to state.  And oh wait, you have no such system!

How is it illegal to sell a decorated piece of glass?  I'm not selling meth pipes, bud.

The law doesn't actually work this way.  You can't sell an illegal gun and call it a sculpture.  You are going to go to prison if you continue with this.

Regarding your last statement, please list a single harmful effect of cannabis, with a study.

I have already linked the dangers to you from expert sources who have reviewed all available studies.  It is pointless for me to continue when your addiction is simply causing you to ignore the evidence in favor of your urges for more drugs.

[dank]

No, my customers will agree that they are 18 when they purchase.  That's their responsibility, not mine.  You can stop with the children fear mongering.

You have no system to verify you are not selling to children in place.  You are rejecting personal responsibility for your own actions, which is pathetic when you are selling a product so harmful to children.  And yes, this is still a federal crime even if you did have such a system.  It's illegal even to sell drug paraphernalia to adults.

How is it illegal to sell a decorated piece of glass?  I'm not selling meth pipes, bud.

The law doesn't actually work this way.  You can't sell an illegal gun and call it a sculpture.  You are going to go to prison if you continue with this.

Regarding your last statement, please list a single harmful effect of cannabis, with a study.

I have already linked the dangers to you from expert sources who have reviewed all available studies.  It is pointless for me to continue when your addiction is simply causing you to ignore the evidence in favor of your urges for more drugs.

That is a system of verification.  Just like porn sites that ask if you're 18, they can't help it if people lie about their age.  Propose your child-proof age verification system.  Because kids don't get, like, fake IDs or anything.  It's not my responsibility, it's theirs and their parents.

I'm quite sure hundreds, if not thousands, of smokeshops around the country sell glass pipes, legally.  Or are they all part of the secret drug cartel mafia, seeking out their next under aged victim?

That's what I thought, you let someone else think for you instead of doing it yourself.  You don't know any harmful effects from cannabis and you have never actually researched it.  I can list dozens of studies supporting cannabis's medicinal properties, including it's ability to kill cancer cells.

[Rarity]

That is a system of verification.

No, it is not a system that verifies anything.  Most porn sites that serve to minors are hosted outside of the United States to avoid such laws.

Propose your child-proof age verification system.  Because kids don't get, like, fake IDs or anything.  It's not my responsibility, it's theirs and their parents.

Stop playing dumb. You have legal and moral responsibilities of your own.  There is no such thing as a fool-proof system in any field, however your alternative of "Well fuck it I'm not even gonna try, if children become addicted to drugs and die, oh well!" is not a viable alternative to the best systems available.   Here is one such service you can use to verify ID:  http://integrity.aristotle.com/

There are many others.  The federal tobacco regulation requires an ID check at delivery, you can work out a system like that if you want to.  This is a case of you wanting to sell to children and profit off their harmful drug abuse, not verifying ID being some impossible task.

I'm quite sure hundreds, if not thousands, of smokeshops around the country sell glass pipes, legally.

They are frequently prosecuted and shut down.  Do you live under a rock?  They also generally check ID because even most illegal drug criminals are not as heartless and evil as you.  They also generally do not do online sales as it opens them up to federal prosecution when they sell across state lines.

That's what I thought, you let someone else think for you instead of doing it yourself.  You don't know any harmful effects from cannabis and you have never actually researched it.  I can list dozens of studies supporting cannabis's medicinal properties, including it's ability to kill cancer cells.

I am not a medical doctor or scientist.  They know the studies better than I or you and they have determined there is significant harm.  The drug remains legally restricted everywhere in the world for this reason.  Like a global warming denier you are simply rejecting science you don't like because you wish it weren't true.  

[repentance]

They are a pretty sheltered and pious bunch over there, so the range of their conversations pretty much never deviates from somewhere between "OMG, these people are so stupid, let's laugh at them," and "OMG, these people are doing bad things, let's explain to them how immoral they are."

I beg to differ on that point.

http://forums.somethingawful.com/forumdisplay.php?forumid=90

Rarity's anti-drug agenda is pure Scientology.  He even quotes the Scientology-run Narconon as one of his citations.

[dank]

That is a system of verification.

No, it is not a system that verifies anything.  Most porn sites that serve to minors are hosted outside of the United States to avoid such laws.

Right, because all the porn sites hosted within the US have never had a minor access them.

Propose your child-proof age verification system.  Because kids don't get, like, fake IDs or anything.  It's not my responsibility, it's theirs and their parents.

Stop playing dumb. You have legal and moral responsibilities of your own.  There is no such thing as a fool-proof system in any field, however your alternative of "Well fuck it I'm not even gonna try, if children become addicted to drugs and die, oh well!" is not a viable alternative to the best systems available.   Here is one such service you can use to verify ID:  http://integrity.aristotle.com/

There are many others.  The federal tobacco regulation requires an ID check at delivery, you can work out a system like that if you want to.  This is a case of you wanting to sell to children and profit off their harmful drug abuse, not verifying ID being some impossible task.

Once again, I'm not selling meth pipes, nobodies going to get addicted or die from anything.  Secondly, you're telling me people only want to use drugs because of head shops?  Nobody picks up a glass pipe and decides, "Hey this is cool, I'm gonna start smoking."  Like a kid who couldn't obtain a pipe wouldn't build one out of a bottle, hollowed out pen and some aluminum foil.  That's a lot healthier.

I'm quite sure hundreds, if not thousands, of smokeshops around the country sell glass pipes, legally.

They are frequently prosecuted and shut down.  Do you live under a rock?  They also generally check ID because even most illegal drug criminals are not as heartless and evil as you.  They also generally do not do online sales as it opens them up to federal prosecution when they sell across state lines.

Did you even google that?  It says shutdown for selling synthetic marijuana, not pipes.  There are plenty of online head shops that operate within the legal realms of the law.

That's what I thought, you let someone else think for you instead of doing it yourself.  You don't know any harmful effects from cannabis and you have never actually researched it.  I can list dozens of studies supporting cannabis's medicinal properties, including it's ability to kill cancer cells.

I am not a medical doctor or scientist.  They know the studies better than I or you and they have determined there is significant harm.  The drug remains legally restricted everywhere in the world for this reason.  Like a global warming denier you are simply rejecting science you don't like because you wish it weren't true.  

You do not need to be a licensed 'professional' to use logic and read a study.  It's clear to me you have never read a scientific document regarding cannabis, or anything else for that matter, since you deem you're unqualified to read such a thing.  You're speaking off of ignorance and inexperience, it's very apparent you're not open to the possibility not everything you were spoon fed about drugs is true.

[dank]

Oh, look, 420 posts.

[repentance]

I think people should be less worried about the morality of dank's plan than about whether he can generate a significant volume of business and whether he's crunched the numbers properly. 

That people will lose their money if he gets busted is blindingly obvious, so the more relevant question is whether he's going to be competing on the basis of offering unique or custom-made glassware or on the basis of price. How's he going to compete with established merchants like Shivadas and Fullmelt?

[Rarity]

Right, because all the porn sites hosted within the US have never had a minor access them.

The drugs are causing you to be unable to read and comprehend my statements.  Generally porn sites that do not verify age are not hosted in the US because of our laws protecting children. I'm sure some that do verify age have had kids make it through their defenses, however they stand by their legal and moral obligations and make an effort.  You are making no such effort, you are simply gleefully prepared to endanger children for your own benefit.

Once again, I'm not selling meth pipes, nobodies going to get addicted or die from anything.  Secondly, you're telling me people only want to use drugs because of head shops?  Nobody picks up a glass pipe and decides, "Hey this is cool, I'm gonna start smoking."  Like a kid who couldn't obtain a pipe wouldn't build one out of a bottle, hollowed out pen and some aluminum foil.  That's a lot healthier.

Once again, the law does not allow you to steal things while yelling "NUH-UH I'M JUST BORROWING IT IF I CALL IT SOMETHING ELSE IT'S LEGAL!".  You have the mind of a child.  You are selling drug paraphernalia.  It's kind of a laugh you would pretend to care about the health of children while planning to illegally sell them harmful drug use products.  You have already been shown the dangers of marijuana addiction and the deaths it causes.

Did you even google that?  It says shutdown for selling synthetic marijuana, not pipes.  There are plenty of online head shops that operate within the legal realms of the law.

The drugs have shortened your attention span and damaged your comprehension.  The search lists head shops closed down for a wide variety of reasons, branching their criminal enterprise out to illegal drug sales is just one of the listed reasons.  Attempting to sell across state lines online is one such reason for prosecution.

What these criminals do is not "legal".  Selling drug paraphernalia is illegal.  When a mob boss uses code to order a lieutenant to have an underling commit a murder, that can be difficult to prosecute because it can be hard to prove he ordered the hit.  That they sometimes get away with it does not make it "legal".  What head shops do is attempt to circumvent the law in the same way by using code words like "Waterpipe" instead of "Bong".  They still often end up in legal trouble for either admitting the truth or failure to check id which is a requirement once you claim the bongs you sell are tobacco pipes.

You do not need to be a licensed 'professional' to use logic and read a study.  It's clear to me you have never read a scientific document regarding cannabis, or anything else for that matter, since you deem you're unqualified to read such a thing.  You're speaking off of ignorance and inexperience, it's very apparent you're not open to the possibility not everything you were spoon fed about drugs is true.

Again, your clouded and addled mind has been unable to engage with the actual evidence and expert testimony under discussion.  It doesn't matter what you or I think, the studies have been reviewed by medical experts and scientists worldwide are far more qualified to understand what they mean than you or I.  You have utterly failed to do anything but shout "Nuh-uh!" at them even though you are clearly unable to think and even follow a basic conversation.  This is not a debate between reasonable viewpoints, it is a worldwide scientific consensus that maintains the worldwide legal restrictions on this dangerous drug.

[repentance]

http://en.wikipedia.org/wiki/Operation_Pipe_Dreams

No-one's suggesting that dank isn't risking getting busted - especially if he's going to be selling directly rather than through SR.  His "investors" need to take that risk into account - they'll have no plausible deniability if he does get busted and need to consider whether they'd be open to charges themselves in their particular jurisdiction if that happens. 

We don't know whether dank is even planning on holding stock and shipping directly or using a drop-ship model where he never comes into contact with the merchandise but simply passes on orders.

While I personally think it's silly to risk a criminal record at 18 for little return (it's not likely to become a multi-million dollar enterprise), it's up to dank and his investors to decide whether they consider that risk worthwhile.

[Rarity]

No-one's suggesting that dank isn't risking getting busted

Well, Dank is.  He's a bit too high to be helped here.  This is about how this conversation is going:

Dank:

Rarity:

[SMTB1963]

[snip lame graphics]

Let's review:

• dank starts a thread offering to accept deposits into Dank Bank in the lending section
• Trust discussion ensues
• dank posts "Updated Dank Glass logo.  Dank Glass will sell a variety of quality pipes for BTC"
• Rarity ventures out of the Off Topic section with "drugs are bad/think of the children" posts
• Rarity successfully derails thread with a bunch of off-topic nonsense posts

Rarity, there are plenty of jurisdictions that have no problem with businesses selling glass pipes - as long as they are labelled properly and certain other i's are dotted and t's are crossed.  Ironically (given recent events) TX is one such jurisdiction.  Here's but one example.

Why do you assume that a business which hasn't even got off the ground yet will sell illegal drug paraphernalia to children?  Wishful thinking?

Would a statement from dank to the effect of "I will only sell my products in jurisdictions where it is legal to do so" send you back to the Off Topic section where you belong?  If not, you really are a dope (pun intended).

[Rarity]

dank posts "Updated Dank Glass logo.  Dank Glass will sell a variety of quality pipes for BTC"
Rarity ventures out of the Off Topic section with "drugs are bad/think of the children" posts

Dank decided to make his illegal business a topic of discussion here, not I.  It is not off-topic to criticize a business.  These forums believe in free speech and if I think the business is a bad idea for moral and legal reasons that is entirely on topic to point out.

There are federal drug paraphernalia laws, that one state may have less stringent laws does not change that the business is illegal or that age should be verified.  

"The DEA led the raids," Engelby said. "The only badge I was shown was a DEA badge. They had warrants for "drug paraphernalia" and any sort of records, and they took everything. They took our rolling papers, they took real tobacco pipes, and, of course, they seized all of our computers -- four of them, two at the store and two at home. They even took my wife's computer."

http://www.alternet.org/story/10515/feds_vs._bongs%3A_heads_up_for_head_shops

Why do you assume that a business which hasn't even got off the ground yet will sell illegal drug paraphernalia to children?

I am not assuming anything.  He is planning to sell illegal drug paraphernalia.  He has admitted he will not do anything to verify age.

Dank, are you planning to report any income from this illegal enterprise to the IRS?

[SMTB1963]

I didn't want to get into the business part, but yes it is highly unlikely he will create a multi-million dollar enterprise
(or even a profitable business after he attempts to draw a salary)
The margins are to small and the potential volume of bitcoin sales so tiny that it would not be worth it.
If it was, I would be pursuing that market right now.
My lady handles the office for shellshock here in edmonton - 3 retail stores and a great website...
Knowing how much work goes into that, I doubt dank is pulling it off just himself and with a bit of funding from the community.

Yeah, making art glass pipes is unlikely to become a multi-million dollar enterprise...but art glass pipes can be high margin if you can tap into the right customer base.

[repentance]

I didn't want to get into the business part, but yes it is highly unlikely he will create a multi-million dollar enterprise
(or even a profitable business after he attempts to draw a salary)
The margins are to small and the potential volume of bitcoin sales so tiny that it would not be worth it.
If it was, I would be pursuing that market right now.
My lady handles the office for shellshock here in edmonton - 3 retail stores and a great website...
Knowing how much work goes into that, I doubt dank is pulling it off just himself and with a bit of funding from the community.

I honestly think the business part is the important bit.  While there's a substantial market, you're not going to make a lot of money without achieving market dominance or carving out a large niche.  There are already well established players in that market so you either need to offer products to which they have no access or be more competitive on price (even after factoring in what you're paying your lenders).  You also want to avoid offering products which might get you into shit for things not specifically drug related - some vibrant colours in glass are achieved by the use of radioactive materials, for instance.

The demand for high-end, custom pieces definitely exists.  The question is whether dank is able to access both the people who can produce them and the people looking to purchase them.  It's a bit more complex than "set up a website and they shall come".  

And yeah, he should probably act to minimise his risks and ensure that the accounting is legitimate so that if he does happen to get busted for paraphernalia offences he doesn't leave himself open to taxation and money laundering charges as well.