so basically, you take a bet on whether GAW will still exist for another 3 or 6 months, and if you're right, you get paycoin "dividends", and if not, you lose everything. Clever!
That's how the crypto businesses are run. Every time you send your money to a coin exchange you take a bet. Same with every non-escrowed transaction or hardware purchase.
I read a story about some guy, who sold physical coins to Charlie Schrem with no escrow, taking a bet that a reputable community member will pay out. Next thing Charlie got arrested and the seller was left with no cash.
You never know
Sorry to correct you, Charlie has been making payments to him every month, go read the post.
Which doesn't change the fact that he waited months for something he should have gotten immediately and needed to start a scam accusation thread to finalize the transaction.
No correction was needed.
Paying with interest, nevermind he was in JAIL at this same time and was not allowed to go anywhere near bitcon, forfeit almost 1 million$ to US Government + lawyer fees, maybe another 500k - 1 mil? Payments being made and blockchain proof.
I am glad to see some final date on all of this,
but I doubt it will be over that easily...
Understood. I am going as fast as I can. I appreciate that its annoying to have to wait, so I offered interest every week.
I am paying you weekly interest (at 4.25% annually), this will make sure I pay you back as soon as possible. The longer it takes me the more I have to pay you
-Charlie
Just my two cents that I think what is fair is paying that interest rate for as long as the debt has been delayed to be repaid. Meaning weeks prior to this should account as well if that was not your plan originally posted earlier today.
I think its fair if we start the day Bracek PM'ed me to ask for the remaining 60 BTC (from the 2 coins) on October 4th. Thats 5 days before this thread was created. That means we are currently 6 weeks in.
According to:
http://www.ginifab.com/feeds/compound_interest_calculator/?p=60&r=4.25&m=52.14&t=1&fv=62.60&rr=4.34So, 60
BTC at 4.25% annual compounding interest.
Year Weeks Starting Value Multiplier Interest Earned End Value
0 1 60.00 0.0815113156885 % 0.05 60.05
0 2 60.05 0.0815113156885 % 0.05 60.10
0 3 60.10 0.0815113156885 % 0.05 60.15
0 4 60.15 0.0815113156885 % 0.05 60.20
0 5 60.20 0.0815113156885 % 0.05 60.24
0 6 60.24 0.0815113156885 % 0.05
60.29Since I have paid back 24.7
BTC out of 60
BTC as of this morning, I currently owe:
60.29
BTC - 24.7
BTC = 35.59
BTC-Charlie
Now lets get to this CEO, do you think he will pay if this all falls apart?
Plus IDK how you can compare the 2
Please tell us how you understand this Hashstalker, scamcoin and pay-to-rent-wallet because it does not make any sense to most people? Any talk and info would be appreciated, until then....
