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Topic: imsaguy's Enormously Interesting Extended Investment Opportunity - page 7. (Read 24993 times)

full member
Activity: 155
Merit: 100
Sent 60 BTC @ Plan B.

 Cool
donator
Activity: 3108
Merit: 1166
Sent 500 BTC Plan B

I forgot to ask, is there a roll over option for compound interest on Plan B as there is for Plan A, np if not
donator
Activity: 3108
Merit: 1166
Updated opportunity and availability.  This isn't a Pirate Passthrough.  See my PPT offering on GLBSE if you're interested in passthrough.

yep, I'd like in on some Plan B please PM me a deposit addie, thanks
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Updated opportunity and availability.  This isn't a Pirate Passthrough.  See my PPT offering on GLBSE if you're interested in passthrough.
full member
Activity: 155
Merit: 100
I'm not anywhere near the point where I'd just buy everyone out and wrap this out, but I want to start the discussion now so that when the time comes, everyone's on board.

There have been people that joined at the beginning and there are people that joined 2 days ago. There are people that bought in for the minimum and there are people that bought in for much more than that.  From a strictly dollars and cents (btc, but that ruins the idiom) perspective, its to my advantage to buy out those with the highest rate.  From the investor's standpoint, I'm going to guess they'll want me to buyout the newest people first.  So where is the happy compromise?

I'm open to suggestions and ideas.  Once there's a couple good ideas, I'll put them to a poll and let everyone decide.

May be just decreasing the dividend payments proportionally - 1%->0.75%, 2->1,5....6%->4,5% (or something like that). This rates you can multiply with bonus coefficient, depending on deposit date and size. Example:

Time factor:
- deposits made less that 2 month ago take bonus 1;
- deposits between 2 and 4 month take bonus coefficient 1.05;
- between 4 and 6 months take 1.1,
- over 6 months - 1.15

Size factor:
- deposits under 50 BTC - bonus 1;
- 50-100 BTC - bonus 1.05;
- 100-200 BTC - 1.1;
- over 200 - 1.15

In that case, the maximum earnings could be 4.5^1.15^1.15 = ~5.95% which is almost the actual maximum rate. So the largest and oldest investors not be affected at all, but newer and smaller ones will stuck on little lower rates between 4.5 and 5.95%. This scheme will be applicable only for existing deposits. All new deposits will take base flat rate of 4.5%.

This is the fairest way which I can think out.  Huh Of course, if you want to continue the business, otherwise the idea with reimbursing the early months at 6% sounds good and fair.

*All dividends, bonus rates, time periods and deposit sizes are explanatory.
hero member
Activity: 518
Merit: 500
waiting for confirmation of payment address (300 available to send) 
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
After talking with my largest investors, I've decided that if I push anyone out before they've been in for >= 10 months, I'll reimburse their early months as if they had been at 6% all along (excluding the compounding, sorry).   I think that's the most fair for everyone but still allows me to buyout shares as I have larger positive income.  

That being said, if anyone's interested, there's about 200 in availability.  I've already mentioned it to a few people, so if it oversubscribes, expect them back.  Thanks.  Gone. 
hero member
Activity: 518
Merit: 500
well it takes about 5 months to build up to the top interest rate of about 3% per week, I only entered in to this on the assumption that once reached I would be able to hold that for at least 6 months, better still 1 year, or I probably wouldn't have bothered, other reputable lenders like Hashking have been offering deals with 3% a week from day 1 recently (10 week special) & we all know what Pirate's rates pay - but I like to diversify. So I think it only fair to let those who are 3 plus months in to this (like me) to get up to the promised rate & to be able to hold that for a min of 6 months, at the very least 4 - if you can guarantee that then I'm happy & will stick around, otherwise I shall most likely look around for other options

+1

Only pays off if it lasts a while.  So far I'm still in minus territory (for disclosure, joined at the end of January, and I have several hundred invested - only now at break-even compared to the deposit rates I'm paying at Starfish).  If it runs to Christmas(December) I would be ok with that, but if the average monthly return works out to only a few percent less happy.
donator
Activity: 3108
Merit: 1166
well it takes about 5 months to build up to the top interest rate of about 3% per week, I only entered in to this on the assumption that once reached I would be able to hold that for at least 6 months, better still 1 year, or I probably wouldn't have bothered, other reputable lenders like Hashking have been offering deals with 3% a week from day 1 recently (10 week special) & we all know what Pirate's rates pay - but I like to diversify. So I think it only fair to let those who are 3 plus months in to this (like me) to get up to the promised rate & to be able to hold that for a min of 6 months, at the very least 4 - if you can guarantee that then I'm happy & will stick around, otherwise I shall most likely look around for other options
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
I'm not anywhere near the point where I'd just buy everyone out and wrap this out, but I want to start the discussion now so that when the time comes, everyone's on board.

There have been people that joined at the beginning and there are people that joined 2 days ago. There are people that bought in for the minimum and there are people that bought in for much more than that.  From a strictly dollars and cents (btc, but that ruins the idiom) perspective, its to my advantage to buy out those with the highest rate.  From the investor's standpoint, I'm going to guess they'll want me to buyout the newest people first.  So where is the happy compromise?

I'm open to suggestions and ideas.  Once there's a couple good ideas, I'll put them to a poll and let everyone decide.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Availability updated.

Current availability is: 0 btc. ~ I'm impressed, even though I do bank here

Thanks for the compliment.. I think  Undecided
donator
Activity: 3108
Merit: 1166
Availability updated.

Current availability is: 0 btc. ~ I'm impressed, even though this is why I do bank here

Edit: Fixed, sry wasn't meant to be criptic (was 3am)
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Availability updated.
full member
Activity: 180
Merit: 100
Wow, the availability went from 800 to 75 fast!

Just sent in a small contribution to add to my balance.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Updated availability.  Getting the VPS for the info pages setup tomorrow and then I can copy my files up.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Thanks for the logos, I guess I'll have to make a contest so I can choose the best one.

Work has begun on making an informational website to allow you to see your account balance/transaction history at any time.  There just weren't any good shared worksheet solutions out there that preserved people's privacy.

I'm anticipating making some availability here shortly.
vip
Activity: 490
Merit: 271
donator
Activity: 1218
Merit: 1015
Hey, guys. Imsaguy paid me this semi-weekly's dividends to create this logo for the company after seeing some of my other work. He wants me to note that the thing coming out of the coin is a penis going into the dollar's hind-quarters, not the USD leaving Bitcoin in the dust as a non-believer may interpret it as.


vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
Dividends went out in a few batches today.  Thanks for your support.

I've looked at many different online workbook places that allow for worksheet sharing, but the privacy controls all suck and essentially everyone could see everything and if that's the way things are going to go, I can do that right here in the forums.  I think I'm just going to bite the bullet and make individual workbooks.  It'll be extra time and energy to maintain but if nothing else, it will motivate me to write something of my own.

Edit: In case you didn't know, I have a farm and I've named it EIEIO.
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
IMSA has a farm EIEIO?

Very nice.  Now to update the name to match the acronym.
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