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Topic: [BitcoinMax.com] Closed - page 100. (Read 190287 times)

legendary
Activity: 2053
Merit: 1356
aka tonikt
July 04, 2012, 10:49:36 AM
got ya. thanks for clearing this up.
hero member
Activity: 812
Merit: 1000
July 04, 2012, 09:51:25 AM
following on from the previous post, i just want to make one point clear:

your investment is 100% exposed to BST as soon as you send it to me, regardless of where the outputs of your actual transaction get spent.
hero member
Activity: 812
Merit: 1000
July 04, 2012, 09:42:13 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.

...or wait for other lenders' deposits to cover it.

same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal.
So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account?

correct

BST account only has 1 deposit address
Then it is generous form you that you start counting right after the first confirmation, just rounded to the next half an hour.
Unless you have some kind of automatic deposit forwarding that is active while you are sleeping...?

no, you're right. it is inevitable that a certain % of the coins will be sitting in my own wallet for a time earning no interest at all.

but this is no worse for me really than keeping some of my own personal coins offline.
legendary
Activity: 2053
Merit: 1356
aka tonikt
July 04, 2012, 09:04:10 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.

...or wait for other lenders' deposits to cover it.

same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal.
So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account?

correct

BST account only has 1 deposit address
Then it is generous form you that you start counting right after the first confirmation, just rounded to the next half an hour.
Unless you have some kind of automatic deposit forwarding that is active while you are sleeping...?
hero member
Activity: 812
Merit: 1000
July 04, 2012, 08:53:25 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.

...or wait for other lenders' deposits to cover it.

same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal.
So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account?

correct

BST account only has 1 deposit address
legendary
Activity: 2053
Merit: 1356
aka tonikt
July 04, 2012, 08:29:42 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.

...or wait for other lenders' deposits to cover it.

same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal.
So the deposit addresses we get from you - they are from your wallet, not from a deposit pool of your BS&T account?
hero member
Activity: 812
Merit: 1000
July 04, 2012, 04:33:26 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.

...or wait for other lenders' deposits to cover it.

same applies even for small amounts... it just depends how much is in my own wallet when you request the withdrawal.
newbie
Activity: 32
Merit: 0
July 04, 2012, 04:16:24 AM
Even though I am no longer depositing with Pirate, bitcoinmax is really an excellent service. At the cut he's taking, this is basically volunteer work (and I'm sure it is a LOT of work). I was always surprised with how dedicated payb.tc has been to his depositors. Very professional and seamless.

+1

Payb.tc customer service is similar to spendbitcoins.

+1

I bought my first ever BTC from spendbitcoins a week or so ago and sent them all to BitcoinMax. I've since been paid my first interest and withdrawn a portion. Fantastic service all round.

Stoked to see the rate won't change! Thanks!
sr. member
Activity: 350
Merit: 250
July 04, 2012, 04:04:37 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?

He means that if you ask to withdraw 2000BTC and he doesn't have that much lying around, he'll need to organise a withdraw from BS&T first.
sr. member
Activity: 367
Merit: 250
July 04, 2012, 04:03:05 AM
although i try to pay out withdrawals as quick as I can, they're always subject to availability and may take up to 24 hours even for small amounts, as i may myself need to make a withdrawal from BST.

What do you mean with "subject to availability"?
full member
Activity: 237
Merit: 100
July 04, 2012, 01:49:31 AM
I'd like to post some feedback on payb.tc:

I started an account with Bitcoin Max a little less two weeks ago and have been through two Monday cycles. Overall I felt uncertain about Pirate--this was my first try at a PPT--but I wanted to take the risk to try to recoup some of my significant mining bond losses. I'm pleased to report that everything went smoothly! Payb.tc responded promptly and professionally to my many pestering PMs. Wink I deposited a quite a few BTC (upper 3 digits) and withdrew most of it (4 digits) today. I also love the level of information the website gives for all aspects of the operation: deposit/interest/withdrawals.

Thanks for the great service! Cool

Just wondering why you would you deposit so much and then withdraw it today?

I need to be able to sleep at night. Wink

Regardless, kudos to payb.tc!
sr. member
Activity: 437
Merit: 250
July 04, 2012, 12:11:23 AM
The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least

it actually takes 10 weeks compounded continuously Tongue

Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income)

So... suffice to say

Screw you buddy, NEARLY doubled Tongue

lol! i was just putting the numbers out there for anyone who wanted them Wink i knew learning javascript would come in handy some day.

Yea, I'd already run the math... numerous times, various scenarios, how long til I could retire on just interest (not very long at all) etc etc etc... Tongue
full member
Activity: 196
Merit: 100
Bitcoin is a food group.
July 04, 2012, 12:08:55 AM
The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least

it actually takes 10 weeks compounded continuously Tongue

Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income)

So... suffice to say

Screw you buddy, NEARLY doubled Tongue

lol! i was just putting the numbers out there for anyone who wanted them Wink i knew learning javascript would come in handy some day.
sr. member
Activity: 437
Merit: 250
July 04, 2012, 12:03:37 AM
The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least

it actually takes 10 weeks compounded continuously Tongue

Well, not quite double... but my initial deposit was made 24 hrs before interest payout three weeks ago (three payouts), I made another one 30 minutes after the payout last week, so I'll have 9 full weeks of interest, so somewhere like 9 and a half weeks worth of interest, but of course, needs to be weighted for how much I actually deposited, and then I'll be making small deposits here and there (mining income)

So... suffice to say

Screw you buddy, NEARLY doubled Tongue
full member
Activity: 189
Merit: 100
July 04, 2012, 12:01:44 AM
+++capital in the pipeline, lets keep it always above 5000, more bits to be added soon, thanks for an awesome service.
full member
Activity: 196
Merit: 100
Bitcoin is a food group.
July 03, 2012, 11:59:02 PM
The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least

it actually takes 10 weeks compounded continuously Tongue
sr. member
Activity: 437
Merit: 250
July 03, 2012, 11:56:57 PM
The way I look at it, it will not last forever, hopefully it lasts a long time, but I figure now at least I know it'll last for another two months at least, probably... and by then I'll have doubled my investment, which is... amazing to say the least
full member
Activity: 196
Merit: 100
Bitcoin is a food group.
July 03, 2012, 11:53:32 PM
it's official... the weekly bitcoinmax rate come 1st of August will be:

6.9%


HOW!?
Magic of the red parrot. 
as in if pirate is dropping to 3.9%, he has to shell out the 3% himself?

Taken right from the thread:

Quote
Trust Account
Trust accounts are considered partner accounts, designed for members that manage sub-accounts. 

    Benefits:
        Rates Starting At 5%*
        Unlimited Deposits
        Create & Manage Sub-Accounts
        Trusted Account Verification Seal

Thanks for clearing it up. didn't read that part. Anyways I hope this 6.9% goes on forever! I've already got plans for what i'll do with the bitcoins in the longrun (:<

Dont we all?
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
July 03, 2012, 11:51:11 PM
it's official... the weekly bitcoinmax rate come 1st of August will be:

6.9%


HOW!?
Magic of the red parrot. 
as in if pirate is dropping to 3.9%, he has to shell out the 3% himself?

Taken right from the thread:

Quote
Trust Account
Trust accounts are considered partner accounts, designed for members that manage sub-accounts. 

    Benefits:
        Rates Starting At 5%*
        Unlimited Deposits
        Create & Manage Sub-Accounts
        Trusted Account Verification Seal

Thanks for clearing it up. didn't read that part. Anyways I hope this 6.9% goes on forever! I've already got plans for what i'll do with the bitcoins in the longrun (:<
hero member
Activity: 812
Merit: 1000
July 03, 2012, 11:12:52 PM
yes, BST trust accounts start at 5% for balances of 5000 or more.

needless to say, my BST account has a few more than 5000 in it now.

if that ever changes, i'll give lenders advance notice of any change to rates.


I can bump up a few hundreds BTC to my deposit account if you need it, just PM me and give me some time to arrange it.

thanks, good to know!
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