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Topic: Do not buy the new PMBs called BFMINES issued by Furuknap - page 2. (Read 3119 times)

sr. member
Activity: 378
Merit: 250
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OK, I guess my example was still too complicated to comprehend.

* you lucky man. You have 1 share of "A"
* "A" pay you money. Good money! 10 money every Saturday! You so happy!
* "A" price drop 12 money every Saturday too. You sad! Got 10 but lost 12.
* You still happy!? You stupid!

Or do we need to use crayons and paint you a fkn picture? Smiley

If you can buy a PMBT at deep discount so your next predicted "div payments - loss form price drop" gives you a positive number, go for it.
sr. member
Activity: 378
Merit: 250
sr. member
Activity: 378
Merit: 250
Why would anybody invest in an security by furuknap? There's something very wrong with the logical part of his brain.

He is betting  there are some newbies who not regularly view this forum, and might buying his bond contracts without even look at the contract.
full member
Activity: 224
Merit: 100
You can't kill math.
Why would anybody invest in an security by furuknap? There's something very wrong with the logical part of his brain.
legendary
Activity: 1022
Merit: 1000
You can check the mining profit per difficulty adjustment projection here

http://btc.re/?t=miningcalc
sr. member
Activity: 378
Merit: 250
Perhaps they shouldn't be investing if they don't know what they are doing Tongue

They do not know, this why we should help them , because they are the future of BTC.
We should do something to stop those greedy people destroying people's faith in BTC.

+1 Many people are not aware of the idea of PMB.

Made some effort on it , let those greedy people disappeared in this forum.

Are you not greedy/self-interested for not wanting to lose money?

I am made profit based on my prediction and knowledge,not by issuing a cheating plan to take benefit from innocent people.
newbie
Activity: 53
Merit: 0
Perhaps they shouldn't be investing if they don't know what they are doing Tongue

They do not know, this why we should help them , because they are the future of BTC.
We should do something to stop those greedy people destroying people's faith in BTC.

+1 Many people are not aware of the idea of PMB.

Made some effort on it , let those greedy people disappeared in this forum.

Are you not greedy/self-interested for not wanting to lose money?
sr. member
Activity: 378
Merit: 250
Perhaps they shouldn't be investing if they don't know what they are doing Tongue

They do not know, this why we should help them , because they are the future of BTC.
We should do something to stop those greedy people destroying people's faith in BTC.

+1 Many people are not aware of the idea of PMB.

Made some effort on it , let those greedy people disappeared in this forum.
legendary
Activity: 1621
Merit: 1000
news.8btc.com
Perhaps they shouldn't be investing if they don't know what they are doing Tongue

They do not know, this why we should help them , because they are the future of BTC.
We should do something to stop those greedy people destroying people's faith in BTC.

+1 Many people are not aware of the idea of PMB.
sr. member
Activity: 378
Merit: 250
He said he did sold those contracts above what I sold ... my price is 0.094 , after my selling,that PAJKA bond ever exceeding this price ,

No, this is another lie and you even provided the evidence yourself. You sold on average 0.09x something, but you sold a lot cheaper than that, which I then sold a bit later:

07.06.2013 07:25   PAJKA.BOND   buy   12   0.07   0.00168   0.84168

13.06.2013 11:24   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
13.06.2013 08:10   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:57   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:55   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:36   PAJKA.BOND   sell   1   0.088   0.000176   0.087824

There's more, though, but I don't really want to post my entire history or even more of my trading history, but at the very least, this is hard, firm evidence that I did sell what I bought from you at a higher price than I paid and that you, once again, is proven to be a liar.

.b

Good ,I sold my bonds at 0.94 , and you sold it at 0.88 by needless four contracts?Huh



OMG......

I am argue with you because you are trying to by convincing people believe that PMBs are good deal ,then you could sell out your bond and received huge benefit from it..

What my incentive to argue with you is I trying to explain what you want to do , to prevent newbies being hurt by your cheating plan .

My incentive is based on my conscience ,but your statement is based on your greedy mind...

sr. member
Activity: 378
Merit: 250
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
He said he did sold those contracts above what I sold ... my price is 0.094 , after my selling,that PAJKA bond ever exceeding this price ,

No, this is another lie and you even provided the evidence yourself. You sold on average 0.09x something, but you sold a lot cheaper than that, which I then sold a bit later:

07.06.2013 07:25   PAJKA.BOND   buy   12   0.07   0.00168   0.84168

13.06.2013 11:24   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
13.06.2013 08:10   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:57   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:55   PAJKA.BOND   sell   1   0.088   0.000176   0.087824
12.06.2013 20:36   PAJKA.BOND   sell   1   0.088   0.000176   0.087824

There's more, though, but I don't really want to post my entire history or even more of my trading history, but at the very least, this is hard, firm evidence that I did sell what I bought from you at a higher price than I paid and that you, once again, is proven to be a liar.

.b
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
sr. member
Activity: 378
Merit: 250
SOS, to be honest, I think perhaps you may want to relax a bit in your investments. It is clear that you don't accurately grasp all the factors and that you may need to work on your math a bit to avoid burning yourself on your investments and losing money.

This isn't relevant to PAJKA, though, so I suggest you look elsewhere for some general advice. Perhaps investing in a fund is a better option for you?

.b

This what you told me to be not too worry about PAJKA BOND, and truth is I made my goal right ~!!!

Really? This is me telling you to hold on to PAJKA? Wow, your command of the English language really is below par.

I offered you friendly advice based on your irrational behavior. That advice did not include PAJKA. In fact, I explicitly adviced you to look at funds instead.

How can this possibly be advice to hold PAJKA? Anyone?

.b

People ,please look below , this liar make another lie ...
He said that PAJKA  price will be back to 0.94

Uhm... Again, please provide me with a link. You make a claim, you should back it up. I'm exposing your lies as they come in, and gee, I think I'll be here all night...

I really want to ask u ,mate did you sold all those shares which get from me by making any profit?Huh

I did. And doesn't that sting a bit?

.b

Of course not, because you are lied , the price never exceeded what I sold ..

I sold at average of 0.094...I am not blind I can refer it back to the past trend.


He said he did sold those contracts above what I sold ... my price is 0.094 , after my selling,that PAJKA bond ever exceeding this price ,

People do not believe this  please go to BTCT.CO to check the price of PAJKA bond for last month  and look my transactions record below

2013-06-07 21:25:34   PAJKA.BOND   sell   16   0.06   0.00192   0.95808
2013-06-07 21:25:33   PAJKA.BOND   sell   4   0.0605   0.000484   0.241516
2013-06-07 21:25:32   PAJKA.BOND   sell   4   0.061   0.000488   0.243512
2013-06-07 21:25:31   PAJKA.BOND   sell   15   0.07   0.0021   1.0479
2013-06-07 21:25:29   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
2013-06-07 21:25:25   PAJKA.BOND   sell   1   0.072   0.000144   0.071856
2013-06-07 21:25:23   PAJKA.BOND   sell   3   0.0721   0.0004326   0.2158674
2013-06-07 21:25:22   PAJKA.BOND   sell   10   0.073   0.00146   0.72854
2013-06-07 21:25:22   PAJKA.BOND   sell   6   0.073001   0.00087601   0.43712998
2013-06-07 21:00:38   PAJKA.BOND   sell   1   0.089631   0.00017926   0.08945173
2013-06-06 21:19:23   PAJKA.BOND   sell   10   0.095   0.0019   0.9481
2013-06-06 21:19:21   PAJKA.BOND   sell   8   0.095   0.00152   0.75848
2013-06-06 11:48:31   PAJKA.BOND   sell   10   0.101   0.00202   1.00798
2013-06-06 06:55:26   PAJKA.BOND   sell   1   0.101   0.000202   0.100798
2013-06-06 04:52:51   PAJKA.BOND   sell   25   0.099   0.00495   2.47005
2013-06-06 04:52:49   PAJKA.BOND   sell   10   0.0991   0.001982   0.989018
2013-06-06 04:52:48   PAJKA.BOND   sell   1   0.099101   0.0001982   0.09890279
2013-06-05 22:38:36   PAJKA.BOND   sell   1   0.106001   0.000212   0.10578899
2013-06-05 18:06:01   PAJKA.BOND   sell   1   0.10897   0.00021794   0.10875206
2013-06-05 04:56:28   PAJKA.BOND   sell   5   0.10897   0.0010897   0.5437603
2013-06-05 01:41:59   PAJKA.BOND   sell   26   0.10897   0.00566644   2.82755356
2013-06-04 00:11:39   PAJKA.BOND   sell   10   0.099   0.00198   0.98802
2013-06-04 00:11:37   PAJKA.BOND   sell   20   0.099   0.00396   1.97604
2013-06-04 00:11:34   PAJKA.BOND   sell   2   0.0991   0.0003964   0.1978036
2013-06-03 23:29:36   PAJKA.BOND   sell   1   0.109498   0.00021899   0.109279
2013-06-03 22:45:04   PAJKA.BOND   buy   2   0.109499   0.00043799   0.21943599
2013-06-03 21:25:22   PAJKA.BOND   sell   100   0.102   0.0204   10.1796
2013-06-03 21:25:14   PAJKA.BOND   sell   21   0.102001   0.00428404   2.13773695
2013-06-03 21:25:09   PAJKA.BOND   sell   5   0.1035   0.001035   0.516465
2013-06-03 21:25:05   PAJKA.BOND   sell   25   0.105   0.00525   2.61975
2013-06-03 21:25:01   PAJKA.BOND   sell   1   0.105   0.00021   0.10479
2013-06-03 21:24:56   PAJKA.BOND   sell   1   0.105   0.00021   0.10479
2013-06-03 21:10:22   PAJKA.BOND   sell   13   0.1084   0.0028184   1.4063816
2013-06-03 21:10:19   PAJKA.BOND   sell   10   0.1086   0.002172   1.083828
2013-06-03 21:10:18   PAJKA.BOND   sell   4   0.10861   0.00086888   0.43357112
2013-06-03 21:09:42   PAJKA.BOND   sell   9   0.1087   0.0019566   0.9763434
2013-06-03 21:03:39   PAJKA.BOND   sell   21   0.109   0.004578   2.284422
2013-06-03 21:03:35   PAJKA.BOND   sell   9   0.109   0.001962   0.979038
2013-06-03 19:50:47   PAJKA.BOND   sell   40   0.1098   0.008784   4.383216
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
SOS, to be honest, I think perhaps you may want to relax a bit in your investments. It is clear that you don't accurately grasp all the factors and that you may need to work on your math a bit to avoid burning yourself on your investments and losing money.

This isn't relevant to PAJKA, though, so I suggest you look elsewhere for some general advice. Perhaps investing in a fund is a better option for you?

.b

This what you told me to be not too worry about PAJKA BOND, and truth is I made my goal right ~!!!

Really? This is me telling you to hold on to PAJKA? Wow, your command of the English language really is below par.

I offered you friendly advice based on your irrational behavior. That advice did not include PAJKA. In fact, I explicitly adviced you to look at funds instead.

How can this possibly be advice to hold PAJKA? Anyone?

.b
full member
Activity: 238
Merit: 100
During an even optimistic time frame of say 3 weeks, the mining difficulty would have increased anywhere between 30-60%, totally negating the 10% bonus you are offering. The current hash rate is ~25% higher than what it was at last difficulty readjustment(175 TH/s vs 139 TH/s), and there will certainly be at least 2 readjustments before this PMB begins payout, no?
sr. member
Activity: 378
Merit: 250
Shouldn't "my asset is better priced" have read "my asset was better priced" - as you explain how it USED TO BE better priced then somehow change tense to the present as though it still was?  You were asked why people should buy it NOW - not why they should (maybe) have bought it a week back when it was more competitively priced (had the opportunity been available).

Valid point, but with the bonus, I believe that a TAT.VM priced at 0.004 and a BFMines priced at 0.004 will give BFMines an advantage still. I'll hang on to semantics for a little while, if you don't mind :-)

Also, like I mentioned, the expectation of the upcoming asset may very well have driven prices down (more so with DMS.* as explained). It may not be a coincidence that TAT.VM seems to have stabilized around the price that I will charge. I do not know what the market thinks.

Really, I do expect the market to value this as they see fit. Maybe they won't find the risk of late delivery being worth the bonus, maybe they will. I expect the market, sans my friend SOSLOVE, to intelligently evaluate this asset. In fact, I sell this asset to decades-long close friends because I do believe it will offer a reasonable reward. If I were to scam them, I would lose their friendship quite rapidly.

.b

SOS, to be honest, I think perhaps you may want to relax a bit in your investments. It is clear that you don't accurately grasp all the factors and that you may need to work on your math a bit to avoid burning yourself on your investments and losing money.

This isn't relevant to PAJKA, though, so I suggest you look elsewhere for some general advice. Perhaps investing in a fund is a better option for you?

.b


This what you told me to be not too worry about PAJKA BOND, and truth is I made my goal right ~!!!

Now you starting to spreading that PMBs are good investment , to ensure your cheating plan go succeed..

If you could gives maturity date in your bond contracts...then I will stop my posting , do not exploiting those people who are not very experienced whit trading stock in BTC.

You really should ashamed of yourself... God will punishing you, I know at your age , that two nearly to go , one is haven and other is hell. if you continue impose your cheating PMB , I think the later is the only place for you.

sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
Shouldn't "my asset is better priced" have read "my asset was better priced" - as you explain how it USED TO BE better priced then somehow change tense to the present as though it still was?  You were asked why people should buy it NOW - not why they should (maybe) have bought it a week back when it was more competitively priced (had the opportunity been available).

Valid point, but with the bonus, I believe that a TAT.VM priced at 0.004 and a BFMines priced at 0.004 will give BFMines an advantage still. I'll hang on to semantics for a little while, if you don't mind :-)

Also, like I mentioned, the expectation of the upcoming asset may very well have driven prices down (more so with DMS.* as explained). It may not be a coincidence that TAT.VM seems to have stabilized around the price that I will charge. I do not know what the market thinks.

Really, I do expect the market to value this as they see fit. Maybe they won't find the risk of late delivery being worth the bonus, maybe they will. I expect the market, sans my friend SOSLOVE, to intelligently evaluate this asset. In fact, I sell this asset to decades-long close friends because I do believe it will offer a reasonable reward. If I were to scam them, I would lose their friendship quite rapidly.

.b
sr. member
Activity: 378
Merit: 250
With regards to DMS.Mining, that is a bit of a strange asset that is claimed to behave like a PMB but does so only in terms of dividends. Because of the way it is issued, it will actually carry a double exposure to price changes because those that buy .Purchase gets one vote for PMB and one vote against PMB; they cast two votes effectively. Thus, prices will move more rapidly with the DMS.* assets, and investors need to be extra careful if they plan on mitigating risk by selling at a certain level.

Essentially, my asset is better priced and less risky than other assets, but is essentially (and different from other mining contracts) a bet on how quickly Bitfury and his companions get their chips to market.

.b

It's a fair point on DMS.MINING price volatility.  Because there's no issuer or shortage on the supply side, the price WILL drop to the market's valuation of hash-power far more rapidly than PMBs can.  So whilst the behaviour of DMS.MINING does match PMBs, the behaviour of the market in valuing it may well differ.  That makes MINING a bad investment for those whose plan is to buy something over-priced then sell it even more over-priced to others (a strategy I frequently employ myself - through necessity as the vast majority of securities aren''t actually worth what they trade at).

But the argument that because the price won't fall quickly you can make more profit/less loss by selling higher isn't quite that simple.  If the price is maintained at above value then the loss represented by the difference doesn't disappear - it just gets passed on to the next owner.  At some stage someone ends up actually bearing that loss (even if it's only a loss in the sense of less profit).  And, as we're seeing, the existence of DMS.MINING is having a knock-on effect in forcing revaluation of PMBs a bit quicker than would otherwise occur - so it becomes risky to rely on a "bigger fool" showing up.

Shouldn't "my asset is better priced" have read "my asset was better priced" - as you explain how it USED TO BE better priced then somehow change tense to the present as though it still was?  You were asked why people should buy it NOW - not why they should (maybe) have bought it a week back when it was more competitively priced (had the opportunity been available).

+1. according to today DMS.MINING price ,that 1 M/hash is worth 0.003 BTC. Furuknap , you are issued asset at 0.004 and mining a month later, and you call this not a cheating ?

And you sell's your future order for 20x than now...you really think people are stupid Huh?

I really hope that BTCT.CO could do something to stop that...
hero member
Activity: 532
Merit: 500
With regards to DMS.Mining, that is a bit of a strange asset that is claimed to behave like a PMB but does so only in terms of dividends. Because of the way it is issued, it will actually carry a double exposure to price changes because those that buy .Purchase gets one vote for PMB and one vote against PMB; they cast two votes effectively. Thus, prices will move more rapidly with the DMS.* assets, and investors need to be extra careful if they plan on mitigating risk by selling at a certain level.

Essentially, my asset is better priced and less risky than other assets, but is essentially (and different from other mining contracts) a bet on how quickly Bitfury and his companions get their chips to market.

.b

It's a fair point on DMS.MINING price volatility.  Because there's no issuer or shortage on the supply side, the price WILL drop to the market's valuation of hash-power far more rapidly than PMBs can.  So whilst the behaviour of DMS.MINING does match PMBs, the behaviour of the market in valuing it may well differ.  That makes MINING a bad investment for those whose plan is to buy something over-priced then sell it even more over-priced to others (a strategy I frequently employ myself - through necessity as the vast majority of securities aren''t actually worth what they trade at).

But the argument that because the price won't fall quickly you can make more profit/less loss by selling higher isn't quite that simple.  If the price is maintained at above value then the loss represented by the difference doesn't disappear - it just gets passed on to the next owner.  At some stage someone ends up actually bearing that loss (even if it's only a loss in the sense of less profit).  And, as we're seeing, the existence of DMS.MINING is having a knock-on effect in forcing revaluation of PMBs a bit quicker than would otherwise occur - so it becomes risky to rely on a "bigger fool" showing up.

Shouldn't "my asset is better priced" have read "my asset was better priced" - as you explain how it USED TO BE better priced then somehow change tense to the present as though it still was?  You were asked why people should buy it NOW - not why they should (maybe) have bought it a week back when it was more competitively priced (had the opportunity been available).
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