Author

Topic: 0.84%/week (0/low scam chance, check why inside) (Read 650 times)

member
Activity: 114
Merit: 10
December 08, 2013, 10:12:42 PM
#3
It's not a low scam chance.
What if you decide to just troll and buy/ sell at an extremely high/low market price?  All the money, gone.
As i noted in my post... However fees will eat the majority of the money = not really worth it. You need more than $1500 to move the high/low apart from eachother enough for fees to not eat all profit. Can provide 0.5btc as collateral (so if i were to try buying high/low i would lose my escrow which is worth more than the money i would have scammed)
legendary
Activity: 1736
Merit: 1029
It's not a low scam chance.
What if you decide to just troll and buy/ sell at an extremely high/low market price?  All the money, gone.
member
Activity: 114
Merit: 10
Need $1500 @ btc-e and will pay out 0.84% each week for it, I choose the accounts email & password, you control the 2fa key -> I will not be able to withdraw money without 2fa confirmation.

The catch? If btc-e goes offline or runs with the money it's your loss and not mine - I will use 50% of my earnings to reimburse you in case that happens (eta; 1/2 months before the full amount is "insured").

The reason why it's not 100% scamproof is because I am still able to buy high and sell low to my own account thus making some profit off of it - End profit would probably be less than $100 after fees aka it would be a very poor scam.

Balance will be held in USD, bitcoin fluctuations will not change the amount. Payout in BTC or pretty much any currency available @ btc-e. Aka you get $12.6 in whatever currency you wish each week.

Open for 1 person only. You can pull out whenever you wish, but so can I (if it ends up being unprofitable for me in the end you get the $1500 back and we end the deal). Prefer someone who will be able to double or triple up on the investment in the future (not required, only preferred!).

Can pay out 0.15%/day the first week so you know I will not waste your money on stupid shit. It's really pretty foolproof though but if i somehow end up in the negatives i will pay out of my pocket.

Both of us can cancel the agreement and your money will be returned, however I won't cancel it unless it starts being unprofitable for me.

tldr; I will pay 0.84%/week to hedge against the risk of btc-e closing down/running away with the money.
Jump to: