Topic: Evaluating Havelock securities performances (Read 2603 times)

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

Ya, that's why I donate my time, electricity, and have personally donated more than 25 BTC to the organization...  It's sad that I can be attacked with such ignorance.

Just living off others people money while scamming in tha club. I get it. So cool. Blaze some weed, pour that chumpagun.

Bitcoin is not the unit of account, as you are not held accountable for that unit by anyone.  If you lost BTC, but your BTC investment makes you a ton of money, you cannot simply claim you didn't make money.  Therefore, I choose to use the financial standards widely accepted around the globe as an account of measure.  Not only because it's obviously the correct way to do it, or because it is the responsible way to give numbers to members who choose to pay taxes based on the misbelief we aren't just allocating donations, but because it's the best way to show in real terms how an entity has performed over time.



Your understanding is incorrect.  NastyFans distributions come from donations.  These donations can come from any number of sources, but one thing is for sure, the amount donated has been highly tied to the USD exchange rate historically.  I think people definitely consider the exchange rate when making a donation, or any time they transfer BTC.



I am not peddling unregistered securities.  I didn't create NastyFans.  I don't run NastyFans.

@RiverBoatBTC:  BTC is the unit of account here, that's not even up for debate.  When I invest dollars, I count my profit in dollars, not bitcoins.  When I invest bitcoin, i count it in bitcoin, not dollars.  Basic stuff.

Further, if my understanding is correct, the "dividends" come from mining bitcoin.  If bitcoin price tanks instead of climbing, his "fans" would not suddenly get higher divs, so "btc is just a transport layer for $$$ bit falls flat

@OgNasty:  Talking about courts and regulations while peddling unregistered securities is a bit silly, no?  (lol@the wording on your site, almost as gud as Slaughter's "AMC is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits.")  

Nobody has successfully won a case like this.  You're now stating that your valuation beliefs are based on the fundamentals of frivolous lawsuits.

How do I know this works its common practice and it in fact is what they are doing to sue BFL.

I would like to hire you as my lawyer to get all the funds back that were spent on currently undelivered mining equipment.

Wait, you mean we have no case?  You mean your entire thinking is incorrect and wouldn't be recognized by any court, jury, or regulator?  Oh well, it doesn't hurt to dream.  

I do not agree, if I pay you one way I want that payment back the exact same way. If I paid you with a CC I want the money back on my CC, not to western union me pesos because that is the currency YOU use. If you buy something online in a different country the refund you the exact same currencys back.. it does not matter if it has lost or gained value. Can you understand that, Gold is gold no matter the value, just like BTC is BTC.

They didn't give me anything.  I don't get a salary and didn't take any cut of the BTC that was raised from the sale of the Nasty Mining IPO.  I am a regular NastyFans seat holder the same as everyone else.  They gave Nasty Mining funds to purchase mining equipment, which was done in USD, as is everything when you transfer BTC from one place to another...  Thinking you spend BTC (whether that be on a fanclub membership or honey from Bees Brothers) and you could get a refund at that BTC rate later is incorrect, thus the valuation in your mind will be incorrect any time the BTC rate changes.  Was Bitcoin at the time a better investment than the Nasty Mining IPO?  Yes.  Did IPO investors lose any money in NastyFans?  No.

But did they give you dollars or bitcoins? If I gave you 1 bitcoin and got back 20 cool, but If I gave you 20 and your gave me 1 not cool.

Unless you said all BTC are tied to USD at the time they gave you the coins.

I've proven you wrong so many times now, it is impossible to claim ignorance at this point.  Thus, anyone who chooses to believe that spending $1 and getting back $20 is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

Thus, anyone who chooses to believe that spending 1B and getting back 0.2B is losing money can take whatever pleasure from that misbelief they want.  I would hate to rob you of that.

Tell me again what "money" that you're referring to?  I'm sure the pursuers of your legal case would be interested in you further explaining yourself.

All I did was post public accounting numbers with added historical conversions so people could see realistically what has been earned/lost, and not just a result of the exchange rate from when invested until now.  I know you like to push your agenda, but it's tired and your justifications that someone lost "money" when a $1.54 investment turned into >$18 while also paying ~$4 in distributions simply displays a detachment from reality, which shouldn't be surprising to anyone who has any familiarity with your delusions of grandeur.

Try to explain your accounting exclusively in Bitcoin over a period of time to any real life businessman and you will be ridiculed for life (gold, real estate, bread, hookers, all would be better measures of value over time than Bitcoin).  You know this, so obviously you are just an emotional sad little mad who has backed himself into a corner and is lashing out anyone willing to point it out.  You're aiming at the wrong place though, which is why I assume you deleted your sad little post in my thread before being attacked for being an idiot.  NastyFans is an awesome, transparent organization that only does good for the community.  You on the other hand, are a cancerous troll to these forums, and it is obvious.

You mean the same accounting that is used by every single financial regulatory agency in the world?
...

your creative accounting

Thanks for the reminding to never underestimate the stupidity of others