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Topic: [ANN][STD] StandardCoin - BUILT-IN EXCHANGE - Permanently Rising Rate - page 5. (Read 25397 times)

full member
Activity: 238
Merit: 100

Heck you don't even need to do the math, just use some logic: if you took X amount of btc during a period of time (this includes old and new investors. Just all the btc coming in, any source) and gave something in return (STD in this case), how can you pay back MORE btc when what you gave increased its value (since it CANNOT DROP by design) and people sell back all of it?
It all works out for Standardcoin because its exchange pays back LESS BTC than what it got in the first place.


THUS people get less btc back, THUS someone is losing money. GENIUS.

Everyone loses money in crypto world.  Wink
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant

Heck you don't even need to do the math, just use some logic: if you took X amount of btc during a period of time (this includes old and new investors. Just all the btc coming in, any source) and gave something in return (STD in this case), how can you pay back MORE btc when what you gave increased its value (since it CANNOT DROP by design) and people sell back all of it?
It all works out for Standardcoin because its exchange pays back LESS BTC than what it got in the first place.


THUS people get less btc back, THUS someone is losing money. GENIUS.
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
I feel bad for people who invested in this and the owner if it turns out it all is legit.
I really feel bad for all of them, as 1 person can just destroy all this with a mouse click and a big ego.
Just because he did his trading here on a forum while others did a whole lot more trustful trading elsewhere.
Kinda feel more and more ashamed to be part of this BTC community latly and consider I should just better quit as it's filled with trolls and unhealthy amounts of ego who can't understand they should provide evidence before making accusations.
Very good description of ghastly ghibly. He must get some sick sense of pleasure "dominating" people on this forum with his stinky trust he got somehow. His life outside this forum must suck or be non-existent.

He also serves as a perfect warning sign not to trust people because they have 350 posts - posts devoid of relevant information and incredibly repetitive.

It's annoying that he did not (and probably still does not) understand the system, but still feels entitled to comment repetitively... worse than a bad politician.

Talking to yourself? All you did was attacking me on details over and over without denting the main point one bit. Was thinking you were genuine (maybe a bit of a detail obsessed nerd) at some point but you are turning out to be just another one of these trolls.

That's fine though, one less person to care replying to in the future.

Side note: it's not one person "destroying trust". Some 4 - 5 users dismissed this as a scam, including Tomatocage who is pretty experienced around there, more than me, and some other sr./hero members.
If someone has to stop and reflect that's maybe you.
You'll grow some experience eventually, don't worry. "That's how we learn!" cit.

P.s.: @Tekkerr, quitting may be wise, since you'll end up scammed here most likely anyway
ghibly, do you turn to stone at sunrise? Because you do tick all the other boxes of a troll.

I was very objective and very clear in my arguments and posts before. The person dragging it onto emotional levels is you. And from now on I'll feed the troll, hoping he'll choke on it or die from obesity. Is Treviglio a known Mountain Troll habitat in Italy?

You are stupid. Plain stupid. You are lacking IQ. You have no clue how the math behind this coin works. Like the last post where you stated there's not enough BTC to payout every one. You even change your posts when you find out you were wrong. Your previous posts proof that:
https://bitcointalksearch.org/topic/m.5941406

You are a liar. I don't know how many times you promised to "leave", but it probably exceed the number range you are comfortable with.

You hide behind "hero" members and believe in "authority by #posts". For all I know, Tomatocage could be a 21-year old college dropout spending too much time on this forum. I'd rather trust my own judgement, given my age and academic track record.

Finally, you distract from the real reasons why one might not want to invest in this coin. I've listed reasons and I've even made predictions on the future value of the coin. So far all my predictions were accurate.

K Jomay, yes Jomay.

You were very objective and I answered you very objectively too, agreeing to your points when they were right, but explaining to you they were details not modifying the main problem.

And it's true there won't be enough btc to buy back at ger all std because:

100 btc ipo thus ger= 100/400mil=25 sat. New investors come and buy 200 more millions at ssp=4*100/200mil = 400 btc. Amc is now 500 btc and ger = 500/400mil= 125 sat. Miners mine 100 mil and get 125 btc. Dev down to 375 btc. Ipo investors sell back 100 mil for another 125, dev down to 250. New investors want to sell back but OH only 250 btc left, they lost 150.

And so on, swap last sellers as you please and someone will lose money (dev will probably run with all 500 but ok, that's an assumption).

Now back to school and to your trollbox.
full member
Activity: 167
Merit: 100
There won't be enough btc to buy back all std at ger like he states (lie, to answer SweetLou). He'll need a constant flow of new investments to do that. So yes it IS a ponzi.
There will be enough BTC to buy back all STD at GER. He does not need a constant flow of new investments. I might explain it in the next post. It's really quite simple.
=>
Oh ghibly oh ghibly. Trolling at its best. We've been there and discussed it - and you admitted that you didn't understand the math, that you were wrong. https://bitcointalksearch.org/topic/m.5940664


Heck you don't even need to do the math, just use some logic: if you took X amount of btc during a period of time (this includes old and new investors. Just all the btc coming in, any source) and gave something in return (STD in this case), how can you pay back MORE btc when what you gave increased its value (since it CANNOT DROP by design) and people sell back all of it?
It all works out for Standardcoin because its exchange pays back LESS BTC than what it got in the first place.
=>
Yep, we've been there as well. Of course, gibly doesn't need math. Because ghibly can't do math, because his arguments are so flawed that he could proof anything. And logic is the foundation of math. Another field where ghibly doesn't shine.


He could have ran away already but that is not necessary to be a scammer, what he did is enough. Running away would be aggravating (I already said this in anothre reply too). Actually is counterproductive to run away from the start with this kind of scheme. He can wait and see if investors will send him more btc, maybe pay back some to keep the thing going and running away when he has enough
This is the only bit of your post that makes sense and I agree with
full member
Activity: 182
Merit: 100
It is not difficult. Just click on the word "trust" below username TheRealStandard.
On this trust page scroll down, enter the risked amount of BTC, enter your comment and click submit.
That is all.
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
K. No, you are wrong, it shares more than enough features if you spend few moments reasoning: if I steal your money promising you won't lose it and giving something to you in return promising it's value will only increase and I'll always be able to buy back any amount of it at the increased value, it's exactly the same as promising sure returns. Do what you said and quit this forum if you can't figure our even that, for your sake man, you'll be easily scammed over and over.

But oooook, free to disagree and ignore my ratings.


P.s.: Sure, if dev scams you it will be my fault. Nay: actually I am the dev (and your father too, Luke). I did all of this and then try to scare investors away so that I can have an excuse to run with the money. Reverse of reverse of reverse psychology and such.
Pure genius, isn't it Wink?

(delirious! ahhaah xD)
full member
Activity: 167
Merit: 100
I feel bad for people who invested in this and the owner if it turns out it all is legit.
I really feel bad for all of them, as 1 person can just destroy all this with a mouse click and a big ego.
Just because he did his trading here on a forum while others did a whole lot more trustful trading elsewhere.
Kinda feel more and more ashamed to be part of this BTC community latly and consider I should just better quit as it's filled with trolls and unhealthy amounts of ego who can't understand they should provide evidence before making accusations.
Very good description of ghastly ghibly. He must get some sick sense of pleasure "dominating" people on this forum with his stinky trust he got somehow. His life outside this forum must suck or be non-existent.

He also serves as a perfect warning sign not to trust people because they have 350 posts - posts devoid of relevant information and incredibly repetitive.

It's annoying that he did not (and probably still does not) understand the system, but still feels entitled to comment repetitively... worse than a bad politician.

Talking to yourself? All you did was attacking me on details over and over without denting the main point one bit. Was thinking you were genuine (maybe a bit of a detail obsessed nerd) at some point but you are turning out to be just another one of these trolls.

That's fine though, one less person to care replying to in the future.

Side note: it's not one person "destroying trust". Some 4 - 5 users dismissed this as a scam, including Tomatocage who is pretty experienced around there, more than me, and some other sr./hero members.
If someone has to stop and reflect that's maybe you.
You'll grow some experience eventually, don't worry. "That's how we learn!" cit.

P.s.: @Tekkerr, quitting may be wise, since you'll end up scammed here most likely anyway
ghibly, do you turn to stone at sunrise? Because you do tick all the other boxes of a troll.

I was very objective and very clear in my arguments and posts before. The person dragging it onto emotional levels is you. And from now on I'll feed the troll, hoping he'll choke on it or die from obesity. Is Treviglio a known Mountain Troll habitat in Italy?

You are stupid. Plain stupid. You are lacking IQ. You have no clue how the math behind this coin works. Like the last post where you stated there's not enough BTC to payout every one. You even change your posts when you find out you were wrong. Your previous posts proof that:
https://bitcointalksearch.org/topic/m.5941406

You are a liar. I don't know how many times you promised to "leave", but it probably exceed the number range you are comfortable with.

You hide behind "hero" members and believe in "authority by #posts". For all I know, Tomatocage could be a 21-year old college dropout spending too much time on this forum. I'd rather trust my own judgement, given my age and academic track record.

Finally, you distract from the real reasons why one might not want to invest in this coin. I've listed reasons and I've even made predictions on the future value of the coin. So far all my predictions were accurate.
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
newbie
Activity: 56
Merit: 0
So short summary of your not so short answer, you are using words that clearly describe your worries and not facts.
"He is not, If he does, he will be, there won't be" - So you are just guessing what he will or will not do.

You completely ignore the fact that it does not share any features of a ponzi scheme (or you don't understand it) but you defend that by saying "he tries to mud things a bit". Sure man.

Anyway, I am done with discussing this with you. If DEV flees I will hold you personally responsible for it.

+1
hero member
Activity: 540
Merit: 500
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
full member
Activity: 196
Merit: 100
For the benefit of medical research
he also said he wasn't coming back and yet he did.

I never trusted him!  Tongue
full member
Activity: 210
Merit: 100
http://Sweet.Domains
he also said he wasn't coming back and yet he did.
newbie
Activity: 56
Merit: 0
full member
Activity: 196
Merit: 100
For the benefit of medical research
full member
Activity: 210
Merit: 100
http://Sweet.Domains
hero member
Activity: 540
Merit: 500
Is anyone investing in standard coin now a days?

I think everyone was chased off at this point. It's too bad.

Now this is weird, I though it was me who can't understand the system and the only one "crying" there, ranting and whatnot, while everybody else can see the light and the legitness of this coin.
Weird weird werd! I'm so totally surprised.

lol, exactly as I predicted few pages back. ghibly gives this guy negative trust for no reason at all, DEV has big red warning sings under his name, newcomers that come to the thread see that DEV has negative trust, they don't check details to see it is only because of one person. Then few days later ghibly comes back here to say he was right all the time because everyone stopped investing in the coin!
Yes, I am totally surprised also ghibly! Man, you must be so much fun at parties and have so many friends.

But to give you a serious answer Ghibly, read on. Italian is your native language, but your english is quite good so i am assuming you are an educated person that has a good job. So let's have a serious discussion instead of trolling. You are blaming DEV of running Ponzi scheme, right? Now let us look at the definition of Ponzi scheme.

A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Operators of Ponzi schemes usually entice new investors by offering higher returns than other investments in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme

DEV is not paying us from capital gained by new investors and DEV is also not the only place where we can get trade STD as on Bittrex I can trade my coins for BTC.
DEV did not promise any short-term returns, in fact on his homepage he is talking about years before we have profit
STD also doesn't need an ever-increasing flow of money from new investors to sustain the scheme. First round 16 BTC was invested, second round it could be that only 8 BTC is invested and third round only 4 BTC.

And most importantly, DEV could have just collected IPO money and ran away, he didnt and paid us the STD coins.
So DEV and STD do not comply to any of the main features that a Ponzi scheme has. Also atm your negative trust is not hurting the DEV, in fact one could think you are DEVs sockpuppet as you are now helping the DEV to dissappear with all the BTC. As he is tagged as scammer already he has nothing to lose.

So just be reasonable here, give this guy a chance and if he makes one mistake then leave a negative trust.
thanks!

newbie
Activity: 56
Merit: 0
It is not difficult. Just click on the word "trust" below username TheRealStandard.
On this trust page scroll down, enter the risked amount of BTC, enter your comment and click submit.
That is all. Smiley

Not possible unless you have trust yourself.  Which is why ghibly has the only vote.  What a screwed up system.
legendary
Activity: 1218
Merit: 1006
Crypto entrepreneur and consultant
Is anyone investing in standard coin now a days?

I think everyone was chased off at this point. It's too bad.

Now this is weird, I though it was me who can't understand the system and the only one "crying" there, ranting and whatnot, while everybody else can see the light and the legitness of this coin.
Weird weird werd! I'm so totally surprised.
full member
Activity: 182
Merit: 100
It is not difficult. Just click on the word "trust" below username TheRealStandard.
On this trust page scroll down, enter the risked amount of BTC, enter your comment and click submit.
That is all. Smiley
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