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Author Topic: ♔ RUSTYRYAN's 3.0% Weekly Term Deposits ♔  (Read 25502 times)
RustyRyan (OP)
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August 19, 2012, 10:36:56 PM
 #81

Interest for this week is paid out. Please confirm.

"True knowledge exists in knowing that you know nothing."
  Bitcoin-otcPGP Key
  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
aghori
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August 19, 2012, 11:03:36 PM
 #82

Interested. But can you elaborate at all on:

Quote
What are coins used for?
-Short Term Investments
-Bitcoin Projects

Thanks,
A
softwareseller
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August 20, 2012, 01:54:44 AM
 #83

Interest for this week is paid out. Please confirm.
0.3BTC received

bogidu
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August 20, 2012, 09:39:06 PM
 #84

Seeing all the others closing, will you be closing up yours this week too?

Did I miss the response to this or did you get iggy'd?

Kais
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August 21, 2012, 10:13:00 AM
 #85

Nope. Didn't get a reply yet
phantitox
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August 22, 2012, 08:02:37 PM
 #86

is rustyryan still offering this?
RustyRyan (OP)
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August 22, 2012, 11:49:12 PM
Last edit: August 23, 2012, 12:17:26 AM by RustyRyan
 #87

@ Bogidu, Kais, phantitox,

My apologies gentlemen, I've been rather busy the past day and a half. Yes the offer is still open. I'll get to the several PMs shortly.

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
RustyRyan (OP)
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August 23, 2012, 08:00:32 AM
Last edit: August 29, 2012, 09:56:36 PM by RustyRyan
 #88

OP Rates have been tweaked based on term length. All current depositors will continue their terms with the previously agreed rate of a flat 3%.

Anyone that deposits this week will receive the original offer of 3.0% for their entire term regardless of deposit size. After Sunday, new rate requirements will kick in.

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
RustyRyan (OP)
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August 23, 2012, 10:22:16 PM
 #89

*Table Updated

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
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August 25, 2012, 03:33:29 AM
 #90

This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.

PatrickHarnett suggested that to have a meaningful CR you would need 100 BTC or more in deposits. You seems to have more than double that at this point and have been operating for a while. Have you done anything further or have intentions to seek and receive a CR in the WPW thread? I would be interested in making a deposit but only with a favorable CR from PatrickHarnett.
RustyRyan (OP)
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August 26, 2012, 01:31:56 PM
 #91

To those that have shown interest in getting in on next week's interest with the original rate offer, there are less than 12 hours to deposit before the cut-off.

Interest payments will be sent out before then as well.

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
RustyRyan (OP)
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August 26, 2012, 07:58:21 PM
 #92

This week's interest has been sent out, please confirm. Enjoy.

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
thirdlight
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August 26, 2012, 08:41:19 PM
 #93

This week's interest has been sent out, please confirm. Enjoy.
Received.

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August 26, 2012, 10:50:59 PM
 #94

This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.

PatrickHarnett suggested that to have a meaningful CR you would need 100 BTC or more in deposits. You seems to have more than double that at this point and have been operating for a while. Have you done anything further or have intentions to seek and receive a CR in the WPW thread? I would be interested in making a deposit but only with a favorable CR from PatrickHarnett.

RustyRyan, could you please comment on this post? Thanks!

www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Ocean6
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August 26, 2012, 11:27:44 PM
 #95

received. ty

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August 27, 2012, 03:45:24 AM
 #96

What are coins used for?
-Short Term Investments
-Bitcoin Projects
-Private Loans

It doesn't make sense to describe the use of an investment as being an "investment", because you already said that. Around and around in circles... for what point? And at least describe a bitcoin project, for chrissakes.

College of Bucking Bulls Knowledge
aghori
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August 27, 2012, 08:34:07 AM
 #97

What are coins used for?
-Short Term Investments
-Bitcoin Projects
-Private Loans

It doesn't make sense to describe the use of an investment as being an "investment", because you already said that. Around and around in circles... for what point? And at least describe a bitcoin project, for chrissakes.
+1
PatrickHarnett
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August 28, 2012, 08:46:02 AM
 #98

This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.

PatrickHarnett suggested that to have a meaningful CR you would need 100 BTC or more in deposits. You seems to have more than double that at this point and have been operating for a while. Have you done anything further or have intentions to seek and receive a CR in the WPW thread? I would be interested in making a deposit but only with a favorable CR from PatrickHarnett.

RustyRyan, could you please comment on this post? Thanks!

RustyRyan does not need to comment as I will - credit rating added to https://bitcointalk.org/index.php?topic=81542.msg897422#msg897422

For a new depositor, quite respectable and a solid entry given he has only been "in business" a month, has a small and growing customer base.
IveBeenBit
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August 28, 2012, 08:37:04 PM
 #99

I would like to know under what circumstances you would not pay back 100% of your depositors' principal. If you suffered a significant default or loss, would you make up for it out of pocket, or pass the loss along to your depositors?
RustyRyan (OP)
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August 29, 2012, 08:11:50 PM
 #100

This upcoming week is the first week new interest rate requirements will kick in (2.5% for 4 weeks+ and 3.0% for 8 weeks+).

Those with current deposits with me will not have their rates changed in any way.

"True knowledge exists in knowing that you know nothing."
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  RustyRyan's Deposits - Low Risk Weekly Term Deposits at 3.0% Interest.
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