Topic: [BitFunder] Graet.Loan - Paying 0.05% interest daily - page 3. (Read 53113 times)

I think the original problems for Graet goes back to when his mining pool had some bug in its payoutscript 2013 and they payed out 900? btc to much.

Then his loan on BF for 2 000 btc was as far as i understand partly used to pay back people that first loaned him the 900 btc that he was short and i think a large part of the remaining around 1100 btc was probably invested in btcstocks, when the two bitcoin stock exchanges btct.co and bitfunder had to close business many of his stocks lost a lot of value as i understand it, a 500-600 btc(50/60%) loss i think it was that graet himself mentioned, what happened to the remaining around 500 btc stock values after the initial big drop i have no ide.

His miningpool havent come back to the levels it was at back in the earlier mining days but it was doing pretty good for the months aug and sept this year when avalon pointed 1/2 there miners at his pools but it looks like avalon has left his pool some weeks ago, no ide why that is the case.

The lower price of bitcoin that we have seen recently should of course be a great time for graet to move some IRL assets into BTC if he wants to clear a large part of his btcloan debt, the mentioned 200 000 dollars would have bought around 667 BTC @ 300 usd/btc and if he had a buyorder at btc-e back earlier this year when it dropped down to even lower level he could possibly have BTC assets of well over 1000 btc, maby even over 1500 btc(if he managed to save the remaining 500 btc stockassets from btct.co/Bitfunder) by now, but i guess its a matter on how he have prioriticed things and what actions he has taken to fix his BTC debt problem.

With the price plummeting like it is can only benefit lenders... I think that caused a lot of the issues, the price of btc skyrocketed, could be wrong. I, too have been screwed over by something similar...

One month on.... Still nothing.

This is increasingly looking like further stalling tactics. Graeme if you are out there? Some prompt action is needed to address concerns, reclaim credibility and investor trust.

No worries we all make misstakes sometime.
In any case Great seems to be doing great the last 2 months so im sure Bitcoins will show up from him eventually.

Sorry, my mistake. It's just the same amount of 1% of my lending.
i checked again. It was other payout.

conclusion ?  ru0chen=$username=tradefortress=trolls 

Is that a bad joke or something ?

A) That transaction is from the 10 sept and none else than you have mentioned recieving any coins.
B) That transaction is in total under 5 btc not just below 20 BTC
C) I checked 5 random adresses that was sent coins in that transaction, none of them was on the list of adresses Graet owes Bitcoins.
D) He still havent sent me anything of what he owes me.

Have been a bit busy, but don't worry my intentions have not changed

deleted.

does anyone get the 1% reply? I get nothing~~~

Crowd fund that shit and add billboards !

https://www.startjoin.com/hannityidiot

Oh sweet jesus I have it !!!
So some one wears the t-shirts I mentioned in post above... then your buddy could wear the classic "I'm with stupid" t-shirt with an arrow pointing to the side.

Again bitcoin logo on it... Obviously they have been done before, but could sell em as a pair.

Someone should have t-shirts made
"I invested with Graet and all I got was this t-shirt"

They will be a huge hit!! Seriously!! They could be custom made for 95% of the "companies" in securities section.
Bitcoin logo on 1 side, some one getting bent over on the other side...
big big money making op for someone with a t-shirt printing press thingo.

I'm some what serious.

To have a legal system, you need to have a big_powerful_something, whatever you want to call it.  Because enforcement.

You can have a legal system without a big powerful state that does unlawful acts all the time and want to control everything

7855   1FQLUf2cnS5gbEyxhbxEVkURVJ76DJHFej
That's mine

Do you see the value of the legal system now? Unfortunately it is impractical if you're across country borders, but some of us are in Australia.

PS: No, my messages are not intended for Graeme Tee. Bitcointalk is not the way I will be communicating with him.

So he can not even be bothered to post here owning over $1,000,000 in BTC? Amazing....

Graet owes me 150BTC since april/13. Not part of this specific loan.

So, add this to the disaster.

I've been here since 2012 and seen it happen so many times.
I don't understand how people are so laid back about it... some one screwed me over $7 on ebay once... all hell broke loose... Twas the principle of the matter.

99% of people aren't going to confront some one though and that is usually the only way to make progress.
I dare say less than 1% actually follow through with legal proceedings... Heaps of "yeah yeah I will sue xxx to" but making the statement seems to be the only action taken.

Each to their own. You guys must be way to rich