Bitcoin Savings and Trust | Home | Closed - page 24.

GeoRW

sr. member

Activity: 350

Merit: 257

Trust No One

Quote from: finkleshnorts on June 14, 2012, 06:44:27 PM

Quote from: pirateat40 on June 14, 2012, 06:33:37 PM

Quote from: piotr_n on June 14, 2012, 06:32:14 PM

just don't get yourself killed - and everything will be fine

In the event I did die, my lenders will be handsomely rewarded via the dead man's switch.

dead man's chest.

If the switch will not work then the huge pirate treasure chest will be lost forever in the dark corners of bitcoin block chain Grin

Epoch

legendary

Activity: 922

Merit: 1003

Scribed.

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Quote from: finkleshnorts on June 14, 2012, 06:44:27 PM

Quote from: pirateat40 on June 14, 2012, 06:33:37 PM

Quote from: piotr_n on June 14, 2012, 06:32:14 PM

just don't get yourself killed - and everything will be fine

In the event I did die, my lenders will be handsomely rewarded via the dead man's switch.

dead man's chest.

The more we gave them away,
the more we came to realize,
the drink would not satisfy,
food turned to ash in our mouths,
and all the pleasurable company in the world could not slake our lust.

finkleshnorts

sr. member

Activity: 336

Merit: 250

Quote from: pirateat40 on June 14, 2012, 06:33:37 PM

Quote from: piotr_n on June 14, 2012, 06:32:14 PM

just don't get yourself killed - and everything will be fine

In the event I did die, my lenders will be handsomely rewarded via the dead man's switch.

dead man's chest.

pirateat40

sr. member

Activity: 378

Merit: 250

"Yes I am a pirate, 200 years too late."

Quote from: piotr_n on June 14, 2012, 06:32:14 PM

just don't get yourself killed - and everything will be fine

In the event I did die, my lenders will be handsomely rewarded via the dead man's switch.

piotr_n

legendary

Activity: 2053

Merit: 1356

aka tonikt

just don't get yourself killed - and everything will be fine

pirateat40

sr. member

Activity: 378

Merit: 250

"Yes I am a pirate, 200 years too late."

Hey Guys,

So, this is the announcement that I think most of you were dreading.

I'll cut to the point and not keep you hanging. I'm taking a single day vacation and will be out of town and unavailable for almost a full 24 hours. If you need anything, please let me know prior to then otherwise you'll have to wait until I'm back in town.

I'll be out of town and away from everything except for my phone on Saturday, June 16th from 2PM CST till Sunday, June 17th at 12PM CST.

If there's an emergency, please contact me via PM or email and Ill get back to you depending on if it's a REAL emergency.

... see that wasn't so bad.

-pirate

ShadowAlexey

donator

Activity: 968

Merit: 1002

Trolls pls stop)
P.S. Pirate, how does site`s works going, any new features coming?

PatrickHarnett

hero member

Activity: 518

Merit: 500

Quote from: Raoul Duke on June 11, 2012, 05:53:42 PM

Quote from: PatrickHarnett on June 11, 2012, 05:48:31 PM

How about 10?

Doesn't matter anymore. It was a once in a lifetime deal and you let it pass. Someone else outsmarted you Wink

Oh well - I'm not too upset. and anyway, Patrick Star is the smartest starfish in Bikini Bottom.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Quote from: PatrickHarnett on June 11, 2012, 05:48:31 PM

How about 10?

Doesn't matter anymore. It was a once in a lifetime deal and you let it pass. Someone else outsmarted you Wink

PatrickHarnett

hero member

Activity: 518

Merit: 500

Oh, you want me to send the coins to you? I wasn't going to do that, just have them sit under a rock somewhere. (hence no assumption about what you would have done)

As for a gazillion - I had to pick something. I could have said some or even several. How about 10?

Raoul Duke

legendary

Activity: 1358

Merit: 1002

You could tell me what the hell you wanted. I would only pay you 1% after you sent the coins to me.
I didn't say I would deposit them with pirate, you were the one to assume that, nor did I say anything about how long you wouldn't be able to withdraw them.
And dude, a gazillion bitcoins? Really? lol
Oh, btw, the time is up. Deal canceled.

PatrickHarnett

hero member

Activity: 518

Merit: 500

Quote from: Raoul Duke on June 11, 2012, 04:09:52 PM

Quote from: PatrickHarnett on June 11, 2012, 04:04:55 PM

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Ok, I have a deal for you: Just withdraw all your capital from BTCS&T and I'll pay you 1%/week if that makes you feel better.

Sorry psy, I think I could tell you I've taken a gazillion coins out of BS&T and and have you pay me 1% of that number, but that's not how it works. Wouldn't it be better if everyone took their coins out of BS&T increasing demand for deposits that your would satisfy for a higher price for a short term gain?

Anyway, the particular deal I was thinking of is only for 350 coins. It's an interest only deal and paying quite nicely. It's not the only loan I've adjusted the interest rates down on, and I had one of those complete this week after three months.

aq

full member

Activity: 238

Merit: 100

Quote from: imsaguy on June 11, 2012, 04:24:40 PM

Quote from: Raoul Duke on June 11, 2012, 04:09:52 PM

Quote from: PatrickHarnett on June 11, 2012, 04:04:55 PM

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Ok, I have a deal for you: Just withdraw all your capital from BTCS&T and I'll pay you 1%/week if that makes you feel better.

Too late, I'm already paying him 2%.

It seems that someone prefers a lower rate, thus 1% wins Wink

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Quote from: Raoul Duke on June 11, 2012, 04:09:52 PM

Quote from: PatrickHarnett on June 11, 2012, 04:04:55 PM

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Ok, I have a deal for you: Just withdraw all your capital from BTCS&T and I'll pay you 1%/week if that makes you feel better.

Too late, I'm already paying him 2%.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Raoul Duke on June 11, 2012, 04:09:52 PM

Quote from: PatrickHarnett on June 11, 2012, 04:04:55 PM

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Ok, I have a deal for you: Just withdraw all your capital from BTCS&T and I'll pay you 1%/week if that makes you feel better.

I pretty sure his point was that when the interest rate goes down the borrower can pay the loan off slower and thus the lender makes more money.

Translated to the pirate case, it means if he drops the interest rate he can avoid paying off some deposits early. I've got no clue if pirateat40 is even close to needing to do this. If he is I too would prefer a lower interest rate rather than a forced withdrawal.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Quote from: PatrickHarnett on June 11, 2012, 04:04:55 PM

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Ok, I have a deal for you: Just withdraw all your capital from BTCS&T and I'll pay you 1%/week if that makes you feel better.

PatrickHarnett

hero member

Activity: 518

Merit: 500

Quote from: tgmarks on June 11, 2012, 01:15:32 PM

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Because it can be good business.

Last month I lowered the interest rate I was charging on a perpetual loan. Amongst other things, my expected payoff over the life of that client is now much higher.

Raoul Duke

legendary

Activity: 1358

Merit: 1002

Quote from: Coinoisseur on June 11, 2012, 01:14:49 PM

I'm neutral on the MMM accusations, myself, but if interest payout starts dropping from this month it will be quite a coincidence.

You already have at least 10 threads where to spread your FUD. Please keep the FUD there. This thread is for real business, kissing Pirate's ass, etc. lol

tgmarks

donator

Activity: 490

Merit: 500

I'm just curious why in the world anyone would go to their investment and say, "Hey, I think you are giving me too great of a return on my money. You should stop that."

Seriously?

Topic: Bitcoin Savings and Trust | Home | Closed - page 24. (Read 802100 times)