I can tell you that GPUMAX alone is used by people in over 80 counties and gamers from all over the world.
That a clue? - Or maybe I misinterpret "gamers" 
Topic: A day in the life of a pirate. - page 17. (Read 31770 times)
i learned a very simple thing: if something guarantees more than 7% per year it is likely not worth looking into it. they all blow up.
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
When I can't make money doing it or just get tired of it, i'll let everyone know. I promise you there will be a lot of people going "WTF, Damn, why didn't I think of that."
You can't tell me you haven't thought... If I had a Satoshi for every toothpick sold...
WTF, Damn, why didn't I think of making a massive ponzi
Kidding. Thank you pirate
THANKS for EVERYTHING.
bitlane.
bitlane.
likewise, thanks, and +1 for weighing in on this:
coins are coins regardless of where they come from
It's times like this that I am thankful that BTCS&T Accounts are by referral ONLY.....and you can bet that after many of us have had to sit here and read this bullshit day after day with envious people spreading FUD because they couldn't get on the 'Pirate Train' early on....that NO ONE will be inviting any new people to jump on it now or any time soon.
Pirate, I for one want to say THANKS.
I know I have said it before, but there's no point in me being shy about in this thread.
THANKS for EVERYTHING.
bitlane.
Pirate, I for one want to say THANKS.
I know I have said it before, but there's no point in me being shy about in this thread.
THANKS for EVERYTHING.
bitlane.
Very interesting!
One day I hope to be as successful as you.
One day I hope to be as successful as you.
All things considered, Bitcoin is a very small market and has tons of room to grow. Find it before I do and I'll pay you for the idea.
Very interesting!
One day I hope to be as successful as you.
One day I hope to be as successful as you.
He doesn't have to run a Ponzi on his own - my guess is still that he "invests" in some Ponzi/pyramid game like MMM. If you read carefully, he never denied that, only that he doesn't Ponzi himself.
I can't believe I missed this one. None of my dealing have anything to do with, related to or managed by anyone running a Ponzi scheme.
P.S. I do like how you read between the lines though, you should be a lawyer or one of my public relations people.
Thank you for the update.
Subbed!
Subbed!
I have a good question. Could whatever you are doing bring increased awareness to Bitcoin, or is it somewhat confined within the existing community?
That's really a hard question to answer because you never really know how much you're actually doing to drive the market. I can tell you that GPUMAX alone is used by people in over 80 counties and gamers from all over the world. While BTCS&T moves more than 300,000 bitcoins a month.
Now, I could stop for a month and see how the market reacts if you want to test it.
Can you tell us if your business venture is converting the bitcoin you borrow to fiat or not? I'd like to invest in a PPT type thing but I wouldn't like to invest in a business that uses btc only as a transport mechanism for fiat. I'll understand if you think this would give away to much about your business model.
He doesn't have to run a Ponzi on his own - my guess is still that he "invests" in some Ponzi/pyramid game like MMM. If you read carefully, he never denied that, only that he doesn't Ponzi himself.
You also never denied to being full of, well you get the idea. A guess is not evidence, nor is it right for people to go running around saying things based on hunches.
Thanks for that. It's the first piece of useful information I've heard from you for weeks. I still have my doubts, but I'll refrain from expressing them any further... for awhile, anyway.
I'm a firm believer in "See it before you believe it." and don't expect anyone, regardless of who they are or what their status is to think any differently. All I ask is that when you finally understand what I stand for and what I'm trying to accomplish you honestly feel good about what you said and how you responded.
Only time will tell and until then find a comfortable spot on the fence.
I have a good question. Could whatever you are doing bring increased awareness to Bitcoin, or is it somewhat confined within the existing community?
Lately, there has been an increased amount of pirate passthroughs offered. Will increased capital make it harder for you to generate the same rate of return?
No, the system in place makes it pretty easy to for me to adapt to large deposits (going back to how much time I want to spend working). From day one, it has been much easier to manage accounts that rarely move coins than accounts that are constantly moving coins in an out. So before, my limits were adjusted based on the accounts all making the same rate. Now, the calculations are based on average balances, so those that never move and hold more coins are rewarded with higher returns. There's also some changes coming soon that will give the approved bond issuers an additional incentive to manage the smaller and more active accounts.
Would you be willing to disclose anything about your actual profit margins over the 7% weekly you pay for the use of funds?
The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context ....
The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context ....
Sure, I net 10.65% per week and payout 5.98% on average and it really depends on how much I want to work. The process has become pretty automated lately which is nice because I can spend more time on my other projects and with the family.
Thanks for your polite and non-divulging question.
Lately, there has been an increased amount of pirate passthroughs offered. Will increased capital make it harder for you to generate the same rate of return?
Good question.
Lately, there has been an increased amount of pirate passthroughs offered. Will increased capital make it harder for you to generate the same rate of return?
Does both GPUMAX and BCS&T use the same method to make money?
No, GPUMAX has it's own purchases and wallet. Like BTCS&T, there seems to be a lot of people that don't know how you can make money paying much higher rates on GPUMAX, but people are catching on and updates coming soon will make it even more popular.
On that note, the "Hot Wallet" for GPUMAX is emptied after payments come in and deposited into one of my operation wallets for security. In my opinion, coins are coins regardless of where they come from so before each payment batch is run on GPUMAX the coins are sent from an operating wallet to the payment wallet of GPUMAX. Accounting wise its pretty easy to manage but not what I want for the public release. With all the recent hacks of popular sites, I want to make sure everything is perfect before I let "code" manage my wallets.
I hope this answers your question.
i learned a very simple thing: if something guarantees more than 7% per year it is likely not worth looking into it. they all blow up.
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
When I can't make money doing it or just get tired of it, i'll let everyone know. I promise you there will be a lot of people going "WTF, Damn, why didn't I think of that."
You can't tell me you haven't thought... If I had a Satoshi for every toothpick sold...
You sell toothpicks???
i learned a very simple thing: if something guarantees more than 7% per year it is likely not worth looking into it. they all blow up.
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
When I can't make money doing it or just get tired of it, i'll let everyone know. I promise you there will be a lot of people going "WTF, Damn, why didn't I think of that."
You can't tell me you haven't thought... If I had a Satoshi for every toothpick sold...
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