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Topic: Looking for people to store some of the forum's money - page 3. (Read 35689 times)

legendary
Activity: 2618
Merit: 1022
I may consider doing this but face some issues

[1] Have not been member of forum long enough
[2] Don't know if comfortable holding over 100 btc, while I have very secure robust methods, the price has gone up, and I would rather see more holders of smaller amounts say 100, as this would make it more distributed and less than one point of failure. Competing with that is finding enough trust worthy people.
[3] I would have thought full reserve would be required as it would be hard to re-insure against an evaluation eg the recent run up to 600, it would be much more sercure to allow a fixed storage and handling charge
[4] I think an even mix of known and anon trustees would be the best way to ensure distributed and no single point of failure.
[5] I can however look at the contract(s) and maybe make some commentary.
[6] Have a mix of single sig and multi sig accounts. Probably no more than 2 sigs per account as people disappearing or un-contactable could lock up vast amounts of btc

In relation to [5] some comments for example on the "agreement"

Quote
"This is a non-legal agreement between The Bitcoin Forum ("Forum") and Alex B. (aka. paraipan) ("Treasurer"). This agreement is intended to be enforced in a non-violent, non-legal way by the community."

I'm not sure an agreement can have any force where it is non-legal, I think you know this, but what you may mean to say is

Quote
"all parties agree they will not resort to any court, tribunal or sovereign jurisdiction to resolve or enforce any term of the agreement"

also where ever the server resides the courts would probably declare that their jurisdiction is in force. (courts don't like privative clauses and love to enlarge their jurisdiction) but what courts will almost always enforce is where the parties have agreed to alternate dispute resolution first, and would not allow the matter to go to court until that process is exhausted your disputes part probably serves this well but I have not had time to analyze this yet. Further there could be a form of estoppel that arises if you draft it right to stop parties going to court. Alternatively you could define a jurisdiction that prevails. Sometimes where the agreement is made determines jurisdiction, that may be the place where the receiving address resides.

further to say

"agreement is intended to be enforced in a ... non-legal way by the community." could be read you intend to enforce it in an illegal (unlawful) way

a better wording would be

Quote
"agreement is intended to be enforced in a non-violent way by the community and without resorting to law."  

you could then go on to outline a specific process of alternative dispute resolution

so all together perhaps the wording would be

Quote
"all parties agree they will not resort to any court, Tribunal or sovereign jurisdiction to resolve or enforce any term of this agreement. This agreement shall be enforced only in a non-violent way by the community and without resorting to law."

this gets a bit tautological, and its not perfect but it's all I have time for right now




legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Quote
Even more scary, was tradefortress a treasurer?

Doesn't look like it: https://bitcointalksearch.org/topic/forum-funds-155000 (thread locked, hence in the following format)

Quote
Treasurers
March 19, 2013, 12:23:02 PM
 #1
The forum's bitcoins are currently held by the following people.

Person   Amount      Fee (monthly)      Next fee payment      Address
John K.   1000   5/6   2014-03-19   1Kf1nT7jQnFC7N3tSdgg5qKGTV4MucfpBg
paraipan   250   0.208   2014-03-19   1PFkqgBBrSKikyyUGDerZMfzvCNPgKrR3o
Garr255   0   1/12   2014-03-19   15HpBoo2DqaeJPW28ATzZMNnUTfqZQYA9H
Ian Knowles (CIYAM Open)   250   0    -   1BuANiueZAiNashSCfGV5Gmj9P8ReG1D8N
Rassah   750   0    -   1HQ8WaKVRYXLBtVdMcYr5SHQ3X9BsLyxa1
OgNasty   500   0.5   2014-03-22   1Eog8UqRFLufC71rBLt2nYgfUDskgxAyVF
Ryland R. Taylor-Almanza   250   0.2   2014-03-29   17WmKCPdbu1GRUdPRJ1wNAMEr7F5HhnUU1
theymos   ~2600   0    -    1M4yNbSCwSMFLF9BaLqzoo2to1WHtZrPke, et al.

Contracts
http://pastebin.com/raw.php?i=33E6kJ46
http://pastebin.com/raw.php?i=QKC7JWNJ
http://pastebin.com/raw.php?i=sw7X4JK6
http://pastebin.com/raw.php?i=XGyJFddU
http://pastebin.com/raw.php?i=t9h2pL2y
http://pastebin.com/raw.php?i=jkw3U4FU
http://pastebin.com/raw.php?i=xfXYUHU3
hero member
Activity: 504
Merit: 500
WTF???
Fyi, someone tried to *compromise* my treasurer address today. Not sure how they planed to pull it off, considering it's in an offline wallet in a secure location, but they claimed they did. They did find my Social Security number (which is semi-public anyway), compromised an old email of mine I forgot I had, which I deleted, and tried to change my Yahoo and Amazon passwords, which they failed to completely take over (change password confirmation emails went to a different address), but the coins are still safe. Next I'll be worried about my extremeties  Embarrassed

Yikes, that's a little scary.


Even more scary, was tradefortress a treasurer?

More info: I want to stop holding any money for the forum at all. So I need to get treasurers for 3293+ BTC. I prefer candidates who:
- Have been in the community for a long time. (This is difficult/expensive to replace.)
- Run a profitable service, especially one that requires a lot of trust.
- Have previously been entrusted with more money than what they'll hold for the forum.

It may be somewhat helpful for you to give me your personal info. If you do, we could perhaps do a legal contract in addition to the standard non-legal contract. However, I prefer to rely mainly on incentives and reputation. A completely anonymous treasurer would be OK in some cases. Dread Pirate Roberts would be perfect. Smiley

Between 0 and 1% yearly.

Your signature doesn't work for me.

Assuming you were completely anonymous (though you may not be), what would you have to lose by stealing the forum's money? I've seen you around a lot, and you're a long-term member, but you don't seem to be operating any high-trust, profitable services.

I run CoinLenders which currently has 3000 BTC less than what BTC it had during it's peak. BTCINVEST's performance speaks for itself.

Full reserve would be 0.5% yearly.


yikes
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
More treasurers are needed.

I'd be willing.
I would assume that my standing in this community is somewhat good.

I run a profitable business (bitcoincommodities) which has moved ~2mio€ this year without one single customer complaint.
I am positive that many well-connected members would vouch for my integrity.

The paper wallet would be deposited in the safety deposit box of my bank.
I would adjust insurance yearly.

Should I ever be asked to release the money, all costs incurred (denominated in EUR) and a fee of 1%year (denominated in BTC) would be deducted.

legendary
Activity: 1680
Merit: 1035
Fyi, someone tried to *compromise* my treasurer address today. Not sure how they planed to pull it off, considering it's in an offline wallet in a secure location, but they claimed they did. They did find my Social Security number (which is semi-public anyway), compromised an old email of mine I forgot I had, which I deleted, and tried to change my Yahoo and Amazon passwords, which they failed to completely take over (change password confirmation emails went to a different address), but the coins are still safe. Next I'll be worried about my extremeties  Embarrassed
vip
Activity: 490
Merit: 271
Are you planning a transition out of Admin?

I thought you had already picked a group of people to act as Treasurers and Trustees etc... for this purpose.

Not that I want to do it, I don't. Not worth the headaches.

Good Luck tho... knock on wood.
sr. member
Activity: 340
Merit: 250
GO http://bitcointa.lk !!! My new nick: jurov
I still don't fully get this treasurer stuff Roll Eyes but perhaps I'm eligible, as I'm running coinbr.com since October without major problems. It is profitable and holding several thousand BTC worth of assets. Will PM proof as necessary.
sr. member
Activity: 386
Merit: 250
More treasurers are needed.

@theymos, my offer (post #237) still stands.
hero member
Activity: 602
Merit: 500
Vertrau in Gott
me @ 2011 member, but I dont have any trustworthy services yet.
vip
Activity: 1316
Merit: 1043
👻
More info: I want to stop holding any money for the forum at all. So I need to get treasurers for 3293+ BTC. I prefer candidates who:
- Have been in the community for a long time. (This is difficult/expensive to replace.)
- Run a profitable service, especially one that requires a lot of trust.
- Have previously been entrusted with more money than what they'll hold for the forum.

It may be somewhat helpful for you to give me your personal info. If you do, we could perhaps do a legal contract in addition to the standard non-legal contract. However, I prefer to rely mainly on incentives and reputation. A completely anonymous treasurer would be OK in some cases. Dread Pirate Roberts would be perfect. Smiley

Between 0 and 1% yearly.

Your signature doesn't work for me.

Assuming you were completely anonymous (though you may not be), what would you have to lose by stealing the forum's money? I've seen you around a lot, and you're a long-term member, but you don't seem to be operating any high-trust, profitable services.

I run CoinLenders which currently has 3000 BTC less than what BTC it had during it's peak. BTCINVEST's performance speaks for itself.

Full reserve would be 0.5% yearly.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
psssst.

I'm not a Dread Pirate Roberts, but would you like a Chuck Norris?
legendary
Activity: 3038
Merit: 1032
RIP Mommy
administrator
Activity: 5222
Merit: 13032
More info: I want to stop holding any money for the forum at all. So I need to get treasurers for 3293+ BTC. I prefer candidates who:
- Have been in the community for a long time. (This is difficult/expensive to replace.)
- Run a profitable service, especially one that requires a lot of trust.
- Have previously been entrusted with more money than what they'll hold for the forum.

It may be somewhat helpful for you to give me your personal info. If you do, we could perhaps do a legal contract in addition to the standard non-legal contract. However, I prefer to rely mainly on incentives and reputation. A completely anonymous treasurer would be OK in some cases. Dread Pirate Roberts would be perfect. Smiley

What are the treasurers charging for this service?

Between 0 and 1% yearly.

Your signature doesn't work for me.

Assuming you were completely anonymous (though you may not be), what would you have to lose by stealing the forum's money? I've seen you around a lot, and you're a long-term member, but you don't seem to be operating any high-trust, profitable services.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
What are the treasurers charging for this service?

I can reserve up to this amount (not that I'll be touching any of the cold stored BTC):
https://blockchain.info/address/1D58NtxrZF4iUnGAFojnqNpPuGi9rrcyVf

---Start Bitcoin signed message---
BTC controlled by:
TheButterZone
pgp.thebutterzone.com
6-25-13
---End Bitcoin signed message---
Signature: G1ZJmy8FSQz/BgIng/NKbG9IIvFI2V6m0jyHvF6r/fu3dADpMdbO4Yo4MzSemd5oeKelpXF1nqJ56fN5xz1uZSw=
administrator
Activity: 5222
Merit: 13032
More treasurers are needed.
legendary
Activity: 2940
Merit: 1333
Send the forum's money to just-dice.com

It is operated by dooglus, and so far it has about 7000 BTC "invested" in it. The more players gamble and lose, the higher the returns to the "investors". The site is up about 200 BTC with over 2 million bets already, about less than half of S.Dice within it's first week of operation.

This way, the forum's money can "grow".

Actually, theymos can do this himself if he is holding the funds. Create an account there, activate 2 factor authentication using google authenticator, and it's safe.

For some very strange values of "safe", maybe.  It's possible that the majority of money invested in Just-Dice.com will be won by players.  The 1% edge is in the investor's favour, but it's certainly not a guarantee.  We had a great first 4 days.  Don't expect to win 4 times the mathematically expected amount every week!  I'm sure we'll have losing weeks.  Hell, SatoshiDice has losing MONTHS sometimes!
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Send the forum's money to just-dice.com

It is operated by dooglus, and so far it has about 7000 BTC "invested" in it. The more players gamble and lose, the higher the returns to the "investors". The site is up about 200 BTC with over 2 million bets already, about less than half of S.Dice within it's first week of operation.

This way, the forum's money can "grow".

Actually, theymos can do this himself if he is holding the funds. Create an account there, activate 2 factor authentication using google authenticator, and it's safe.
legendary
Activity: 2128
Merit: 1002
*sigh* Sometimes I feel as if I'm missing out on this "scamming" thing everyone seems to be into around here  Undecided

one word: karma.
 Cool
legendary
Activity: 1680
Merit: 1035
Does the orange make your posts go faster?  Grin

(Car joke)
legendary
Activity: 1288
Merit: 1227
Away on an extended break
What? Huh
That ad has been in my profile since Feb/January if I'm not wrong. I originally had that in after being a bit short on my monthly bitcoin purchase, and it's grown on me ever since.
It could be that I just never noticed the colors in your signature before. I honestly never paid much attention to signatures at all until about the last week or so when the coloured background, large font paid advertisements really started to take off.

Now it's getting annoying to the point at which I've started to ignore some people for no reason other than their signatures makes the page look ugly and unreadable.

I guess the other possibility is that something nefarious is going on. How long have you been advertising for PLAYTIN Casino?

http://i.imgur.com/4b8uRJF.png

Since Jan/Feb if I'm not wrong this year. I might consider removing it next month when the agreement I have with them is over though now that you've pointed this out.
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