Topic: for (Read 3936 times)

Enjoy! My BTC investments have grown in value so much from the small amount I started out with, I am finding myself having less and less tolerant of risk and risky people.

This smells, looks, and tastes like a monkey.

MagicalPokeyUsagi seems adorable, no waaai that could be usagi

Not as cheap as they would have been if usagi hadn't cancelled his 1500 share dump.

Thanks for the cheap shares.

I pulled out of both CPA and YARR as soon as Usagi started talking about selling YARR off.

And so was born SomethingAwful 2.

I will be referring to this forum as somethingawfultalk.org until further notice.

It's unfortunate that there is such a bad atmosphere lately in these forums. Can we just chill out a little bit, and not tear this community apart?

As a holder of YARR and CPA, I would like to add to what puffn and macboy80 have said.

Usagi clowns around in IRC, I don't see that as a bad thing. Yes, this is business, but that's just Usagi's personality and I don't think it affects the way CPA or YARR are run.

I have always received dividends in a timely fashion, I have always received amiable and timely communications from Usagi when required, I look forward to continuing to do business with Usagi.

Same for me.

I would just like to say that usagi has honored both his/her private p2p and public GLBSE obligations to me and has acted professionally whenever we have done business.

https://bitcointalksearch.org/topic/closed-call-for-investors-lets-build-a-huge-bitcoin-mining-dc-together-10432
 

Oh that's simple. Just take out a loan denominated in CPA shares, sell them, and when the deadline comes, buy back the CPA shares to repay the loan. It's already been done with PureMining; the lendee actually paid 50% more dividends.

Or, you could write up a CFD with you taking the long and guruvan taking the short.

This forum became such a sesspit and scammer paradise lately that anyone posting in "Lenging" and "Securities" sections and/or asking for any money to be loaned, borrowed, "invested" etc simply has to be considered as a thief and scammer by default until proven otherwise. As simple as that.

And for those who disagree, well... just wait a bit and you will see the wisdom of these words, eventually.

I have to agree.

Picking me apart? You? LMAO. Not even a man with balls, much less a vampire princess...

Like I said, time will reveal the kind of person you are, and mark my words: YOU CANNOT BE TRUSTED.

This is precisely the type of response I'm talking about above.

Whoa. This is so seriously disturbing that we can't determine the sex of this person. This suggest that there is more dishonesty, and or deceit going on.

Frankly, I do not trust usagi - I have had concerns about the financial stability of usagi's "businesses" and definitely have serious questions about the viability of usagi's insurance products. Everytime I have asked about the finances that back up CPA, I have been attacked and told why that's a stupid irrelevant question and I should just buy insurance because, seriously bad things can happen.

I would not even consider purchasing such insurance from him/her -Especially not after this big sale of paranoia and fear: https://bitcointalksearch.org/topic/times-96058 - Give us a fucking break and go get a job with Allstate - do you really think that kind of rhetoric sells more insurance?

I am greatly disturbed by the fact that usagi cannot answer a question, or respond to a criticism without attacking the other party. This defensiveness suggests to me both financial and mental instability. I have had this concern since we first met on IRC.

Disclaimer: I don't and  wouldn't  hold YARR or CPA.

I don't think usagi is a scammer, per se - I think usagi is unknown, and untrustable given all of the above. I futher fully expect CPA to go bankrupt and default long before any of the assets it insures go into default

I'm still to meet the first girl who turns out to be a guy who can be trusted and doesn't have an agenda of deception. That is all.
Take it for it's value, which may be 0 for you.
Take it or leave it.

You say you are not game yet you keep hinting and keep answering, it's obvious you want to make a point but you don't want to stand and defend it.
//DeaDTerra

Those quotes are the least of it...

Like I said: I'm not game.
Carry on!

How does he being either of the things you listed effect his capability as a insurer and owner/manager of CPA?
I think this is quite off topic and doesn't really have to do with CPA.
The identity of Usagi sure, but random quotes taken out of context/jokes.
//DeaDTerra

I already replied usagi on PM. But it's probably better to say it here:
I'm not game.

Time will tell what usagi is.
A vampire princess, or a commoner werewolf.
A japanese or a chinese from Taiwan.
An immortal or a simple mortal.
A girl or a guy.

This is going to be fun
Hopefully this will stop the witch hunt on ponzis and scams that doesn't exist...
//DeaDTerra

I have a list of scammers? 
You're mistaken. That's not my list.
But if you allow me to make a bold statement... I predict you're not very far from being on that list.
You show all the warning signs.

Also, me being a Staff member has no relation with my personal opinion. If you think I'll be intimidated by that remark of yours you clearly don't know me...

Just another G.I.R.L. as usual on the internet...

This has absolutely nothing to do with my "'exposed capital' theory," which I have shown to be mathematically sound in the other thread in which you refuse to post. If you must know, however, 1 bitcoin at 0% and 0 risk plus .89 bitcoins at 6.7% and all the risk of a pirate default equals 1.89 bitcoins at ~3.1%. In the other thread you refuse to post in, I have provided examples showing that my model is correct for every outcome.

You did not respond to this part, the most relevant part:
"Neither of these are the case. A pirate default results in a [partial] loss of investors money in both PPT and YARR."
I hope you don't mean to tell me that a pirate default would not result in a loss of YARR investors' money, because that's simply not true.

It is fine for you to think that. It is not fine for you to throw insults around. Insulting people is not good, and has no place in debates or mathematics.

Usagi has stated that YARR is about 3700 BTC. As a company insuring against a pirate default, I wouldn't put all of that into pirate...

According to my math, Usagi and CPA invest the entire proceeds of YARR sales into Pirate. Using this as the basis, 1.5*(2k shares) = 3000 coins. 3000*.07= 210 per week. Subtracting dividends(2000*06=12 coins per week) leaves 90 coins per week profit. Now, its likely that Usagi did not sell most YARR shares at 1.5, but if I were in CPA, I would be very worried about potential losses on this venture as this is 2000 coins of exposure + whatever is being done off public record with other miners.

It all depends on how you think about it. If, in the free market, I can buy a share of PPT for .32 bitcoins, then it is 100% insured. Similarly, if, in the free market, I can buy a share of YARR for 1 bitcoin, then it is 100% insured.

Neither of these are the case. A pirate default results in a loss of investors money in both PPT and YARR.

It's quite obvious how it works. What is not obvious, is where the 250 BTC monthly comes from. I'm known for it already? I feel honored! It's all math and no libel. If you have a dispute with the math part, please post in my analysis thread. Well I only have one question currently, "Where does the 250 BTC/month come from, given that 'not paying on sundays' only makes you 20 BTC/week?" and I would prefer it if you answer this question publicly. The rest of the information that I need is public -- market price, buyback price(s), etc
I hope my math is correct. The non-math aspects do not concern me. Really, it seems to me that you would be much less angry if I hadn't conducted my evaluations when the market price of YARR was 1.89 BTC. AFAIK, you are the one who has insulted me. Well that "net-positive" thing is entirely true, and I have bought some shares for less than 1.70 BTC, which makes me very happy.
I'll give you the same advice as I did the other guy: insults do not add credibility to your argument. Please ignore the trolls; use the ignore button if you have to. Hell, I won't be offended if you ignore me. I would also recommend that you use the Google Chrome web-browser, because it does automatic spell-checking for you.

Funny, seems you can do math too. Welcome to the club!
There is the off-chance of 5 Sundays in a month. That's a lucky 100 BTC gain month, but it's not the norm, hence why I averaged it out to 88.57 BTC. Perhaps I shouldn't have used the word "maximum," since the true maximum is 100 BTC, but it shouldn't matter, because 100 is less than 250 and always will be.
usagi has a bit more rep than that.
I'd advise you to stay away from rhetorical questions like these. Insults go nowhere and don't add any validity to your otherwise logical argument.

Don't worry, there was no danger of me making an offer anywhere near what you think is fair. But I'd love to see your math on how you make 250 BTC a month holding 2000 bonds without continuously issuing new bonds. Because anyone can issue new bonds and claim that they are insured by personal guarantee. Why buy your company, why not just compete with an asset called PLANK?

Actually, PPT was the first.


It makes perfect sense, although you would probably have to have your own issue or a lot of experience running a business to understand. I've already answered this (technically) in a previous post but it bears repeating: If I sell for less than asset value a scammer can walk in and liquidate YARR. I wouldn't be responsible for his actions by that time. With this knowledge I cannot sell for less than asset value or I myself could be accused of scamming. I must sell for greater than asset value to ensure the buyer has a stake in running things properly. This is also why I offered 30 days full training, management assistance, etc.