Pages:
Author

Topic: Bitcoin Savings and Trust | Home | Closed - page 26. (Read 802100 times)

donator
Activity: 3108
Merit: 1166
Also if any's interested i whipped up a basic spreadsheet for keeping track of an investment, just change the white boxes, and file > save to
FTFY <-----

ps, nice, thanks, I like the Double Principle, Triple, Quadruple, x5 part  Tongue
member
Activity: 89
Merit: 10
Also if any one's interested i whipped up a basic spreadsheet for keeping track of an investment, just change the white boxes, and file > save to
http://goo.gl/QOKLF

edit: might need that link haha thanks
member
Activity: 89
Merit: 10
ok thanks, just bought some of chaangs bonds!
legendary
Activity: 1316
Merit: 1005
change = chance... sorry, not my first typo of the night, lol

At least it wasn't a 400BTC typo Smiley
sr. member
Activity: 289
Merit: 250
Unless you have 2000 BTC to plonk down, the pass throughs are a better option for most anyway. You need 500 BTC to get even 5.6 %. Most pirate bonds offer more than that if you don't pay too much for it.

Right, I am aware of that as well. I had planned to get the account open and scale up to 2k in a month (no, not another pass through). Investing a larger Sum with a 3rd party as the go-between just feels a little more risky that's all.  It looks like many members including yourself are completely legit and honest people. For Jr members like myself and others it just takes time reading posts to have that comfort level to trust multiple people (basically strangers) with a decent amount of money. As the rather humorous ponzi thread shows, others share that concern. You can understand why a person would want to try to eliminate as many risks as possible.
hero member
Activity: 518
Merit: 500
I'd like to basicly echo this comment, what do i have to do to be able to deposit?
Thanks!

As the OP says you need a referral. I am in the same boat but with a referral and no account. I have a feeling that with the ever increasing popularity of the free pass-through's there is just no need for new accounts at this time. Plenty of BTC is rolling in from existing sources. Why would Pirate want to make more legwork with new accounts when it is not needed, completely understandable. 

You can basically get the same benefits by picking a pass-through. Of course nobody wants to go through 3rd party but it is what it is. Possibly requiring new accounts to start with 500BTC or more would eliminate some of the legwork.
Unless you have 2000 BTC to plonk down, the pass throughs are a better option for most anyway. You need 500 BTC to get even 5.6 %. Most pirate bonds offer more than that if you don't pay too much for it.
sr. member
Activity: 289
Merit: 250
I'd like to basicly echo this comment, what do i have to do to be able to deposit?
Thanks!

As the OP says you need a referral. I am in the same boat but with a referral and no account. I have a feeling that with the ever increasing popularity of the free pass-through's there is just no need for new accounts at this time. Plenty of BTC is rolling in from existing sources. Why would Pirate want to make more legwork with new accounts when it is not needed, completely understandable. 

You can basically get the same benefits by picking a pass-through. Of course nobody wants to go through 3rd party but it is what it is. Possibly requiring new accounts to start with 500BTC or more would eliminate some of the legwork.
hero member
Activity: 518
Merit: 500
Right, well I'm fairly keen to deposit my stash here, but as I haven't really traded with anyone already a member it seems I can't.  As I'd only be depositing and sitting on that (rather than having it sitting in my wallet doing nothing) I'm not sure what sort of risks I'd pose or malicious activities I'd be capable of.

Is this likely to opened up a little more in the future or am I just out of luck?

I'd like to basicly echo this comment, what do i have to do to be able to deposit?
Thanks!
I'm pretty sure even if you got a referral it wouldn't do much good, as pirate is not accepting new account. You best option is to find a suitable pass through product. You can find one in my signature, but there are also plenty of other around if you look.
member
Activity: 89
Merit: 10
Right, well I'm fairly keen to deposit my stash here, but as I haven't really traded with anyone already a member it seems I can't.  As I'd only be depositing and sitting on that (rather than having it sitting in my wallet doing nothing) I'm not sure what sort of risks I'd pose or malicious activities I'd be capable of.

Is this likely to opened up a little more in the future or am I just out of luck?

I'd like to basicly echo this comment, what do i have to do to be able to deposit?
Thanks!
hero member
Activity: 560
Merit: 500
Ad astra.

Oh, I can't provide a spreadsheet with people's assets, if that's what you're asking for. (Unless everyone starts releasing their investments publicly, no one could)


Dig harder - quite a lot is public.

heh, even if everyone on this entire forum announced publicly that they were investors in pirate's fund, that still may only represent 10% of the total lenders.

good luck Cheesy


What makes you say that? Wink I kid, I kid.

I'm sure you know more about this that I do Patrick - I haven't done any research per se, just an assumption with some circumstantial evidence. Don't overanalyze it too much.
hero member
Activity: 812
Merit: 1000

Oh, I can't provide a spreadsheet with people's assets, if that's what you're asking for. (Unless everyone starts releasing their investments publicly, no one could)


Dig harder - quite a lot is public.

heh, even if everyone on this entire forum announced publicly that they were investors in pirate's fund, that still may only represent 10% of the total lenders.

good luck Cheesy
hero member
Activity: 518
Merit: 500

Oh, I can't provide a spreadsheet with people's assets, if that's what you're asking for. (Unless everyone starts releasing their investments publicly, no one could)


Dig harder - quite a lot is public.
hero member
Activity: 560
Merit: 500
Ad astra.
Most of the people seriously invested in Pirate have diversified assets

what makes you say that?

i have no idea how even pirate himself would be able to verify that as fact.


Oh, I can't provide a spreadsheet with people's assets, if that's what you're asking for. (Unless everyone starts releasing their investments publicly, no one could)

Simply an educated guess, based on what I've read on the forums over the past few months, and based on what other projects people I know have money with Pirate are running. No quantitative evidence, I'm afraid, just my impressions, for whatever they're worth.

My point was really that a default by Pirate wouldn't crash Bitcoin, GLBSE, or the like.
hero member
Activity: 812
Merit: 1000
Most of the people seriously invested in Pirate have diversified assets

what makes you say that?

i have no idea how even pirate himself would be able to verify that as fact.
hero member
Activity: 560
Merit: 500
Ad astra.
I wonder how much of the GLBSE economy is dependend on these pirate accounts  Smiley If it crashes it might be a disaster as lot of asset issuers are involved in it (not counting smaller investors holding all those pirate bonds out there). Looking forward for the party   Tongue

Most of the people seriously invested in Pirate have diversified assets. It's the small investors that put all their Bitcoins into pass-throughs that would really suffer.

BS&T defaulting would have repercussions, but it wouldn't crash GLBSE by any means. Most of GLBSE, volume-wise, is mining bonds/companies right now.
sr. member
Activity: 350
Merit: 257
Trust No One
I wonder how much of the GLBSE economy is dependend on these pirate accounts  Smiley If it crashes it might be a disaster as lot of asset issuers are involved in it (not counting smaller investors holding all those pirate bonds out there). Looking forward for the party   Tongue
hero member
Activity: 518
Merit: 500
If you put all your money back in every time, it's actually 37x a year :O

Shhhh.. don't do the math.  I don't want to be paying for mortgages and sports cars for my lenders.

I was looking at something else and bumped into this old quote.  I don't have a mortgage, but the interest helps pay for my car hobby and repairs.
hero member
Activity: 560
Merit: 500
Ad astra.
Thanks Pirate.
legendary
Activity: 1666
Merit: 1000
I still love Mondays...
hero member
Activity: 518
Merit: 500
Notice

Payments will be processed shortly.

Update Edit: 1:26 PM (+ 1hr 26min past the target payment time.)
Over the last week there's been a few transactions that were incorrectly logged which I thought was a mistake on my part when approving transactions.  This weekend I did some testing and found the issue to be from the latest update to one of the scripts.  Before I process today's payments I want to make sure it's fixed and run the correction script to ensure everyone gets credit correctly.

Thanks,
We all thought that, now that your treasure chest is full from all these new pass through operations this week, you had decided to sail off into the sunset. Arghh!  Wink Thanks for the piece of the loot.
Pages:
Jump to: