Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 359. (Read 243454 times)

It's relevant because Jaap has assumed a leadership position in Biblepay, but apparently doesn't want to reveal whether he has invested any money.

In my 30+ years of investing in corporate businesses, I've learned that there are leaders who have "skin in the game" and there are those who prefer to have the rest of us take the financial risks. I'm curious which position Jaap is in. After all, transparency in business leaders is a virtue not a sin.

Why is this relevant to you? Your investment is yours to deal with.

https://www.thenational.ae/uae/warning-after-cabin-crew-member-takes-out-dh367-000-bank-loan-to-invest-in-cryptocurrencies-only-to-see-value-plummet-1.765739

Thomas, I am not going to disclose that information to you. Not now. Not ever.

I am going to ignore you from now on.

Yes.

Wow. Are you seriously asking me this?

I've put over $10,000 USD into BBP and haven't sold any coins. Now it's worth less than half that. Since you seem to have taken a role of leadership, would you mind telling us how much you've invested?

I agree that - especially in hindsight - there were probably more strategic ways to go about it. I just know that Rob told me something like this in an email a while ago.

Let's just wait on Robs response

Maybe I worded it poorly. I meant that I am not emotionally attached to money. I need very little of it and live a very modest life. Crypto is mostly an interest for me in the technical and anthropological sense.

Please explain, thanks.

hi jaap, thanks for the explanation.

I'm trying to understand why this approach is better than just selling BBP after you receive it? Wouldn't selling it slowly until next superblock have the same effect?

co-mingling personal funds with monthly superblock that goes to orphans creates confusion and mistrust. this is not good for BiblePay reputation

bottom line: the orphans are paid, true... but the path to paying orphans is not clean

Thanks jaap for keeping a cool head. Your explanation with the liquidation and recreation indeed makes a lot of sense and I hope that really is all there is to it. Everything else has already been said.

P.S.: I totally agree with your view on "marketing". As a scientist I also despise all that bs, but unfortunately nowadays it seems to be more important than ever, because people usually have the attention span of a 2-year-old kid and (especially in the US) have to be caught by catchy catchphrases, totally exaggerated bla-bla bs and shiny colors and bling-bling ...

I think we will reach higher levels of compliance and accountsbility with The Biblepay Foundation, and hopefully will also release Rob from some unpleasant paperwork.

And about my experience with marketing: I have very little, and I'm thankful for that, because I don't like that world.

But you've got to understand my position in all this. I don't NEED to have experience with marketing, I just need to get the right people in the right place, and use their experience to set-up some good PR.

And now I'm done explaining. I'm starting to understand Rob's position of deleting posts more and more. I don't consider it censorship anymore if it's pure FUD. Have a reasonable dialog or get out.

I disagree with the whole 'Sanctuary theory', but I do think that accountability needs to be in order. There should be proof of payment. On the other hand, anyone is just one phone call to Compassion away to check if the sponsorships are actually there, so let's not jump to any conclusion here.

If there really is a fraud going on, then I will leave this project, as any sane human would do. But I find that scenario VERY VERY unlikely.

Well, the idea was that we would continue to add value to BiblePay in order to attract new investors. And this would enable us to sell BBP on the market for the children. As far as I know, we hit all points on the roadmap, some even way before their stipulated dates, and Rob is working very hard on adding features. Sadly, that doesn't seem to be enough currently.

I don't want this project to fail, so if the price continues to drop, I will vote a 'no' on the current proposal for Compassion. There is no money involved in this project that I care about losing. I just do this from my heart right now. And my heart tells me that this project matters. That's why I don't want this project to fail.

I'm not blind. I agree that we currently most probably have too many sponsorships. I want that number to go down as low as it needs to go. And after that, I want sustainable growth. It that means only 1 orphan per month, then so be it.

I also don't want to ignore our investors. 10% should be 10% in my opinion. Nothing more. That 10% is our motto, and in steady conditions the market should have few problems absorbing that 10% in my opinion.

And you realize that you are part of the problem, right? All your FUD is tarnishing our reputation. I don't understand your motives, because it seems that it is your own investment that your FUD'ing away here.

Those guys are such idiots. The explanation is very simple:

Rob liquidated some of his own Sanctuaries and sold those BBP on exchanges. This way he was able to sell the BBP with more spread over time, in an effort to not upset the markets so much.

When the superblock hit, Rob used that BBP to recreate his liquidated Sanctuaries again.

Any other 'theory' is just FUD.

The end.

Lets see what Rob says before jumping to conclusions

=

1. getgovernanceinfo
"lastsuperblock": 67650,

2. Put block number 67650 into explorer, block dated August 29th http://explorer.biblepay.org/block/1b9bf6ff5ed44638893802445d7dc690dc4f131d302ee35336434c0e7d2a8c2a

3. http://explorer.biblepay.org/tx/417caef5856250fda9f0617cdb762fdb2f8b429c2417357474a067d4bfec774d

4. +8.6 million BBP
http://explorer.biblepay.org/address/BB2BwSbDCqCqNsfc7FgWFJn4sRgnUt4tsM

August 2018 Compassion Recurring Orphan Sponsorship Premiums Due
https://forum.biblepay.org/index.php?topic=229.0

5. -8.6 million
http://explorer.biblepay.org/tx/f76246ef88b411c635b5fac7bbb319e6c28f2a4c3da29c92f16a98728ca05102

6. http://explorer.biblepay.org/address/BD7FBC4HNhHZX7LrNkeobPahH3EksmKbGk

7. September 8th
http://explorer.biblepay.org/tx/f9fd0a104f0df35b6f40d2a4c153b6875ab28c34b9df83ea57797c7a7a655fb5
and if you follow the chain multiple masternodes are created

Wow, that's a nice find, Slavino. I think some explanations are in order.

I checked the "accountability" page and this also looks really strange. The last legit invoice from Compassion seems to be from April 22nd (complete print-out of the checkout page). All the newer ones are just plain text BS-PDFs with no signature, no invoice number, not even a slight hint that any money was actually paid (it only says "total amount due"). For Bloom there isn't even a single PDF; Kairo looks legit but of course this is only a very minor payment.

So where did all the proposal payments go to? Can we have some actual payment proof from May 2018 on until August 2018? Deleting all these posts won't help, since they are saved externally.

P.S.: At the slovak guys: Cursing and foul-mouthing doesn't help either; especially not the children...

thieves ... only idiot using CCEX for big transactions ..... that russian boy is next scammer

Similar thing happened after christmas "holidays" with Verge coins.

These C-Cex guys are either inept or thieves, I would bet the latter.