Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 - page 13.

hashking

sr. member

Activity: 308

Merit: 250

Quote from: heatstroke on October 03, 2012, 08:25:29 PM

Hashking, you're supposed to disappear with the money. You're doing this "ponzi scheme" thing all wrong.

Payments will be going out shortly. I never ran a ponzi scheme, its just that most of the investments I made ended up going bad. Running and not returning would be probably the easiest and sane thing to do but I'm not that type of person. I will continue to pay the best I can and I'm working on trying to return as many bitcoins as possible to the people that loaned them to me.

heatstroke

newbie

Activity: 44

Merit: 0

Hashking, you're supposed to disappear with the money. You're doing this "ponzi scheme" thing all wrong.

greyhawk

hero member

Activity: 952

Merit: 1009

I don't understand why you guys are worried.

That's only like half a million fiat bucks. Peanuts really.

TheBible

full member

Activity: 125

Merit: 100

Bitcoin: Where getting back a tiny fraction of your initial investment counts as a resounding success.

hashalfahalve

member

Activity: 100

Merit: 10

Support the bitcoin economy, use BTC merchants

58805 BTC???

JoelKatz

legendary

Activity: 1596

Merit: 1012

Democracy is vulnerable to a 51% attack.

Quote from: Jurek on October 03, 2012, 07:46:59 AM

I wonder though, why do pirate come back and promises to pay back if he can just run? Pirate's identity isn't known.

Two theories:

1) He was passing through to Zeek and genuinely believed he'd have his money back soon.

2) He was still selling his own debt through cut outs and wanted to keep its price up for as long as he could.

Otoh

donator

Activity: 3108

Merit: 1166

yep confirmed, I'm 1G5apmPvo2iTtmkNWAHTCET7Y842Ufijs8 in for 300.003935189 BTC

Sum minus largest payment (change): 34219.018769158 BTC

that makes me about 0.9% of the total outstanding

thanks for the summary

mb300sd

legendary

Activity: 1260

Merit: 1000

Drunk Posts

Off by a little, but I assume thats because of interest thats already been paid.

runeks

legendary

Activity: 980

Merit: 1008

Here are the balances I have calculated:

Code:

1LCgRPaeRXaxJyMi1eL56xPbWysCxD48Gg 58805.4307321
1NLTP4pxN3aZyUdZv5Wk1QdXxwDQNN81aH 4580.06227865
18sX5KoykeLdvNNLX7CYE1KLP1KVvsoaca 3000.04072065
1P7Wgw1ByC9uDKQA5zt8FmqzaZQKX1CPj4 2696.28655021
1CbRBkonjRKkHJ2oUNtBHkko1mGe6wmP8c 2650.03592999
1NH1V9tzysLRfCJq1gvdVgm3DfZAkPmSWQ 2000.02703304
1J89DYWU1WEb6e8CzjuSmc7pCmLtJsxuNW 1734.02347426
1Mkv9EChBGJ3gNV8LbThsxtGCNeNnnTJm3 1584.02142112
1FvjphUCs1G1cDikebYS9icuPzQmF9pMkp 1155.01565521
1NFT9tGTaRY9A6HRqML1sU6ZVpLogK3EK7 1000.01351652
1FST6kh6N6kKzbWEnxdDzfegzb9cEWyRnn 943.012815029
1EcDrhQQ8Ms9zzzx8hGYp2btj4hyjJw2in 887.511933889
1MCjhEVUFEqhx4bA5naLD1C76FudVLBqCf 887.511933889
13kXxGmqSmU4Uhcq6JX341HbPpWEUT7ZRx 812.278987801
1AK8W6Tw3L69SvViJhTzWr7J3vzTjVLzv8 500.006672712
18CKKDYjs83iktuTxFzmywwkMm82sJVbri 500.006672712
1PkT7gZ4u2wdpZ74mq4JaDEhregXMhdiDA 500.006672712
1N9xPuPY3t1TqP7uTRkwJaDpjYPA5Qpbqh 500.006672712
1EUcxyZfUA4RB9Gky2kxtEJJ5moGq7gjh2 462.006262084
1MrJzLcUHVnjwx1rshw2hjcWc3HeTkjMoo 456.9151539
14ZYVka4JkLvxdRJuuX9odyijGLEwJAbec 444.070696528
12yNUBCytPzr4aPM4ZmzrSky9CHi6bAjiz 400.005303951
1NaQcU12sPSZC6Ghk5c8hWPz3aSZguEDox 377.505090082
197G263nG54brNAHDbE11SFycdB5uwA7oS 367.348024706
1GusEbfTrDbz7xWgF28fhBHemx65p2n6FL 362.004893322
1G5apmPvo2iTtmkNWAHTCET7Y842Ufijs8 300.003935189
1CcBm6nGNtLeycmjeRfLYnhnk3hrtfGz9V 263.003404794
1589KFRBj95mUZvjoyhTDv9xp89EpHSdh8 252.003524561
15Uz1vgDGgqxui6LPqqyMZ39R9kxBJkwzH 250.003250808
1LHSy8PRPvFBs7gbmfFnPtzeGkxxYp8TCk 250.003250808
14hYbtGjTButtsYhCwsJpGBD9TMdMY6DKt 250.002908618
12bVMumTpQGbzwaUJUmSR9gZyQYonF8RTp 216.752784574
1BMfVdnKHJtNHpLunWCkJ4LCp6toTZgMZ8 196.752442384
1GbhMdvLd2bmXxM5cH52Xb676TuRZYKtRx 174.302188307
165D4hj4E1UoszL5f874JoMBaAwoVsVcTt 173.402227659
1DKZMQVFdVgJg3NHpbUHHysA9gzxABBt2e 165.071945523
1F9BXca5i255ER1UHzpwVVRVQRXBSePFPN 143.500436293
1BRZQoF54ZV7ncUMk7QWbMx1xBggxDHg36 120.101630537
15wwwdYHWEbBGaw8BzVjQCdwPt2YTa8snj 100.110698582
1K1M1ucSyQetPVP39eD8rmQxbj8GydLEiF 100.001197666
1PJseVqPjrMYSWjafTF4P9rXB8Bk5GA2Gw 100.001197666
14GYH9A3Jri4PbQbHv1h1gM8NHBJpHU28E 97.0012147758
16TBNHnMC5PRxL2k6NGvHyXqi3PqgQbsfz 90.0011976663
12BrU7usDSkgshms1LcV9uWoKxx8MpCcXG 86.7011138296
1v6T7btL8g5K3MGNoJf7ni3JN1KddjaKp 79.9839170531
1PS2VtztGLUFabi7SEhQhuHqG7tQauKsmX 70.600886273
1QDe1bDWiX1VDUkZEe5bCda9vADnwfLucC 70.0008554759
1CdMqaA9XpEyq22P8vzcsnJp3QYcY4tqPK 70.0008554759
19MXMf6C9VM3ccKPV188FtFQFx7uKZ7kPw 70.0005132855
18SPjis72whnFuvQZs9jMFbfUFBFGBgC18 70.0005132855
1EZTNVWU8LUtQ7gM5mA7K1rpgXgt5H91Qn 66.4508015809
1KtNdUSKrwpwEQhHgmtXUZLgBySYX6RXpw 60.0006843807
1Bd9wMj8JciPdSThSHyGAoNHKT29CwqbcP 55.4406556367
1GyPJrSfK6T1D7yEXPrgRrfcU29AF5roc8 51.5855390354
1PAtRiCKko3JtZYSgaLmGht52fB5v7c2J2 50.0205314216
1P4ekAHhxb69vjupYC1xkf2AMhAsricpVZ 50.0005132855
1KPmgstqAXLDL8GMHXZ2Vgpb2XK5KN7EuQ 50.0005132855
1L3qrmzmP2GKGGrKsXtytPEDKdWTbz7jbp 50.0005132855
1NpgXacdyg951TayMaakeR7gPbv7eVDsCb 50.0005132855
17Ge71XYfHKFC7Lzkq7fs5RwerPEEaySqR 50.0005132855
1KppUs2CUybfVB6t1r8yuzQW5VFLBcDPjm 50.0005132855
1LoD8inn9UUGHbpjxQ7jmGRFtEtEe5Cyxg 50.0005132855
1PfybVM84zZTVALQ5pPPvT9MMnLkTcPPHq 50.0005132855
1PEdRLtj697ev1YCHZyLb1R4GFnRuTS4JS 50.0005132855
16GwXtxZZzwS6xfCPkEZyGYhcuh9EsTsSe 49.3755025921
1F2oS8TTnoYpkVdLYtWVhzWzPXzuuBzTMG 44.3755881397
19YAFZf9Rkoq7C51BNYbEZv1oSwV4bPxJG 44.3004773556
1Ceqt2Ec3rgakpB4W7T9q3RSKwXcx2T3Rf 43.3505569148
12FZuCN3wmHgnB2DChmL2JEwsabnvuvSmH 40.9817441443
1Q6cBYjvpNDHepgFvapQVzeJEBFYVsqkTk 40.0
1Bbq7dB3ouJKahpyw36fRVcTaGDAepFwci 31.0003935189
1ckK76CjV3RfYygLACmGcuzLXzSmAkf8Q 30.0003421904
1MbEbpzNPwaouaT9V43xAuobqtmNZncWLp 30.0003421904
12JEdTWHrxQdDgfDCWZhcdkiQ4UWoN18TP 30.0003421904
1KPTYmD2sa58WQ1FnLAnoo2bQ2fFayQr6W 28.7503208035
151NGfU31bt13giYFL98uvSGjU9XJjHYfg 28.0002395333
1Pt2X8RXER1emu41nZbp9iKDD9YPqm7wiT 27.7203278184
1AksahG8gTxBWuGPKZhMToRRigiaPiUUwr 26.0003079713
1Lz57PnQA7DKW26V2ZgzsJ67C7qEksisCP 25.0002566428
1ZG77opUhSoKLGNbWyDf4yGFUJGpUrMVP 21.6751929098
1PTzo5W2fTkqsGts1tiofqCMArgLpo9ifF 20.0001710952
1JBDB44XbvCraMpQKuRse81JPPPjQJDxTk 20.0
1BSL4VkGH89P3M9WHBtEQPiq63DG8SjCVi 18.8601639092
1J29dCBg4yvLBuguurSe2GF4f4ek4Ed5bb 15.0000855476
18ofadjnf1mqnsaKrB1VvdFc4cxGAeCL8J 10.0
1gcpcJzf313ocxkJGPSp6aAPanrhmTyRp 10.0
1D4D9Bzn7U7zayxMDsUD6ybGiJGDmHApzx 10.0
1HzC5BDqNTnNZV4Zywm8FrWtWXBC7U8HPF 10.0
1MMUUA7UkrLPe8aLd186tz3KoR6J8B6ZcF 10.0
1FToc7MFzA1eWMyKrpJ2Rc9rmzVP8dU5Zh 10.0
1Qv4y7xKXFqGYs8VLhbA2793Ytdr16hkb 10.0
1M76ScEUUgWpJrAqbq763LpAaZVL516jt3 10.0
1EmEmrVrWfFPtubi4nvm4yKyxyhtdAqzQz 10.0
1HTF52thyac5zAvz22bgdER8vaacbZbHgM 10.0
19ezrb8ChgSfHKq1uiUv1Y8878SECUsTK4 9.90008041473
1J51wusmD6pmnmNwffqKLvK3ts3raGxjyn 9.90008041473
1MqYMGckhGobGaWSpSwEMGTtJGk7Y5uYHw 9.87510051842
1L5EEFpps27awFUwePtXkRVusDXjWuCEkQ 9.87510051842
1HhLSMYjsVtNQ988r179wYAuA4Ny57o58x 9.87510051842
18G9Axj4BCVyDTCzKQA61RG3dhExXnHsdE 9.79998973429
1Eu1FpHEDUi6ZCfqie1eL27ZbXrjXLiJJb 9.75002994166
1FLB98uENvzZwLtmWEY6WjyG9oYa6GmDJf 9.70007014902
1F28dh3xWL9jgoPtEHrS1Q4zAMREJU669z 9.67012849248
1BBTGv4HLa2kzYuYJ3EqcyJbHV2MvLaVh5 9.62513046007
183XWwUNZJvARcVpqBAWS5etwxFr2Xbt18 9.23999520933
1BL5kn6pQPy5nKDHQXHWf8HELsGBsSVCrB 9.23999520933
1DmjvG3o5jcmRkfdsYxRSREwcgcgDHBz3A 9.23999520933
1BWxHuusjy2Z5nMbYeuuEc1LRAmWYM6JAm 9.23999520933
16ssyZ3kASaGiyCD3gq5pnYtbBTbSpYstA 9.23999520933
14m1hyGLqfeNSYxr8DsjN25cUKxPPXttpW 9.23999520933
1MSUNyFA1wYREgpfcRBjrkcj9JzAwQYDWY 9.05007955926
1LwTynZBHeWQD43ESuzztbt3Ma5z1g6oDf 9.05007955926
1AdJW7tdiU7WpyxSKv5Y2N8PeuN6p7NSoH 9.05007955926
19hGcWz26fuvTTX8Ko5WnEvcZVerhGjY86 9.00011976663
12FzejXvfsUHzYMVBmQY2ESgBaC4FAdKcH 8.859992814
1JVWC5FcRGxWZBrZDJogi44RX3KH8MUq6e 8.67007716393
16Lgkwzf5G3ukmN4UkrVRo1hosUHw4phDN 4.99991445241

Sum: 93024.449501258
Sum minus largest payment: 34219.018769158

I have done it the following way: my own deposit of 10 BTC received a payback of 0.00058447 BTC. The payback amount times 17109.518024877 is the size of my original deposit. I have taken the amount sent to each address and multiplied it by this factor. The largest payment is over 12 times as large as the second largest payment. It seems sensible to assume this is change.

My own address is 1Qv4y7xKXFqGYs8VLhbA2793Ytdr16hkb.

Can anyone confirm that their original deposit fits with the above? Bear in mind that there might be some slight rounding errors.

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

I feel it's time for hashking to make another public announcement to calmdown his creditors.

Unless he has $2700 - $2800 disposable spare cash per week rolling around to buy Bitcoins on the open market. (Assuming $12.75 per BTC.) Then 3 years isn't going to happen.

Shadow383

sr. member

Activity: 336

Merit: 250

If it turns out that pirate was passing funds through to Zeek (which seems likely given his stated returns and the timing of his shutdown, just hours after Zeek fell) then it's possible that some part of the principle may be recoverable. Now, that's principle, not including massive interest payments, and even then only some small portion of it, and probably not for years yet.

HDSolar

sr. member

Activity: 386

Merit: 250

Quote from: Jurek on October 03, 2012, 07:46:59 AM

Quote from: Buffer Overflow on October 03, 2012, 07:39:17 AM

Also I guess he's waiting for pirate to bail him out. 12th Oct will come and go. Another stall from pirate will materialize. Waiting for pirate is not an option.

I agree.

I wonder though, why do pirate come back and promises to pay back if he can just run? Pirate's identity isn't known.

Are you kidding me, there are threads that not only list his identity but pictures of him and even people tracking down his family for answers. If the person they are hunting down is not pirate there is a whole lot of people messing with some guys life in Texas for nothing. Search for it, it is high drama. Grin

Jurek

member

Activity: 117

Merit: 10

Quote from: Buffer Overflow on October 03, 2012, 07:39:17 AM

Also I guess he's waiting for pirate to bail him out. 12th Oct will come and go. Another stall from pirate will materialize. Waiting for pirate is not an option.

I agree.

I wonder though, why do pirate come back and promises to pay back if he can just run? Pirate's identity isn't known.

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

Quote from: Jurek on October 03, 2012, 07:01:16 AM

Thanks.

Well that looks really bad, but why would he stay and send partial payments if he couldn't pay it? I hope hash knows what he is doing.

Well, his name and address is known. Also I don't think he's a bad guy. Just fucked up big time that's all.

Also I guess he's waiting for pirate to bail him out. 12th Oct will come and go. Another stall from pirate will materialize. Waiting for pirate is not an option.

Jurek

member

Activity: 117

Merit: 10

Thanks.

Well that looks really bad, but why would he stay and send partial payments if he couldn't pay it? I hope hash knows what he is doing.

riX

sr. member

Activity: 326

Merit: 254

Quote from: Jurek on October 03, 2012, 06:33:44 AM

And how exactly did you

Quote from: wachtwoord on October 03, 2012, 05:19:06 AM

Based on the info in the previous post total outstanding debt is ~34k BTC

How exactly did you calculate that number?

Multiply every payout with [his deposit excluding paid out interest]/[his payout]. Exclude the change (3.43700101 BTC).
Total debt excluding interest 34218.52 BTC (might have some rounding error).

Jurek

member

Activity: 117

Merit: 10

And how exactly did you

Quote from: wachtwoord on October 03, 2012, 05:19:06 AM

Based on the info in the previous post total outstanding debt is ~34k BTC

How exactly did you calculate that number?

memvola

hero member

Activity: 938

Merit: 1002

Quote from: Buffer Overflow on October 03, 2012, 05:31:48 AM

34K !!!

That explains why he kept quiet about it.

To keep within our 3 year target, he needs to payout approx BTC218 per week.

With difficulty about to explode into orbit, if he hasn't got some bad boy ASICs in the pipeline, I think we can all scrub out this 3 year plan. More like 300 years. Sad

Even with ASICs, it's very hard to do through mining if Bitcoin continues to gain popularity.

One thing that can be done is an option to convert the debt to other currencies. Basically Hash agrees to convert Alice's 100 BTC debt to 1000 EUR. Alice buys 100 BTC with her 1000 EUR today, thereby making her initial 'BTC' investment whole. She then converts every payment she gets from Hash to EUR upon receipt. The obligation ends when Alice has been paid 1000 EUR.

If the payment will be made through mining, this will be the only approach to make it viable. Of course Alice will get more than 100 BTC if EUR/BTC exchange rate goes down, but it doesn't affect Hash because he will also be making more by mining.

The pro rata algorithm can remain based on the conventional "remaining BTC" balance and the converted account can be checked in parallel. This way, converting your account to an inflating currency would be favored.

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

Quote from: wachtwoord on October 03, 2012, 05:19:06 AM

Based on the info in the previous post total outstanding debt is ~34k BTC

34K !!!

That explains why he kept quiet about it.

To keep within our 3 year target, he needs to payout approx BTC218 per week.

With difficulty about to explode into orbit, if he hasn't got some bad boy ASICs in the pipeline, I think we can all scrub out this 3 year plan. More like 300 years. Sad

wachtwoord

legendary

Activity: 2324

Merit: 1125

I have received the test Payment, thank you Hashking.

Based on the info in the previous post total outstanding debt is ~34k BTC

Topic: Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 - page 13. (Read 93792 times)