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Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 2. (Read 957421 times)

legendary
Activity: 3570
Merit: 1959
Still a



 Grin

But you collect money from other people to invest in other ponzis, and then repay the money lost in seats.  It's like a ponzi for ponzis.

Who do I collect money from? Where do I invest it? What am I repaying?

I would love to be able to respond to people who have questions about this long running community Bitcoin project that I started more than a decade ago, but it’s difficult when people make things up and throw words like Ponzi around as that is clearly not the case.

Says it all right here ^^^^ ... Cheesy

ponziception...  LOL

I hope all you seat-owners have filed complaints with the SEC by now, I mean seriously, it's the longest running scam in Bitcoin history, is it not? Huh

OG I would PM you but you are a pussy and have blocked me... Grin
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
But you collect money from other people to invest in other ponzis, and then repay the money lost in seats.  It's like a ponzi for ponzis.

Who do I collect money from? Where do I invest it? What am I repaying?

I would love to be able to respond to people who have questions about this long running community Bitcoin project that I started more than a decade ago, but it’s difficult when people make things up and throw words like Ponzi around as that is clearly not the case.
legendary
Activity: 2464
Merit: 2002
Join the world-leading crypto sportsbook NOW!
Anyone who purchases a seat is purchasing that seat from another member.  No funds from seat transfers are paid out as distributions so it is very clearly not a Ponzi scheme and that is a provable fact easily verifiable on the blockchain.

But you collect money from other people to invest in other ponzis, and then repay the money lost in seats.  It's like a ponzi for ponzis.
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
Hello nastyfans!

Today distribution 500 posted. Amazing.
Do they give out free btc?

You can see a list of distributions sent out to seat owners here: https://nastyfans.org/distribution.summary.csv

Distributions come from mined coins and donations.  I don't consider that free BTC.  NastyFans just distributes that mined and donated BTC to the seats.


No. Never. This is literally the longest running ponzi left in the btc space.  Roll Eyes

All distributed coins come from mined coins or donations.  Anyone who purchases a seat is purchasing that seat from another member.  No funds from seat transfers are paid out as distributions so it is very clearly not a Ponzi scheme and that is a provable fact easily verifiable on the blockchain.
legendary
Activity: 3570
Merit: 1959
Do they give out free btc?

No. Never. This is literally the longest running ponzi left in the btc space.  Roll Eyes

https://bitcointalksearch.org/topic/m.29060531
newbie
Activity: 462
Merit: 0
Hello nastyfans!

Today distribution 500 posted. Amazing.
Do they give out free btc?
hero member
Activity: 633
Merit: 591
Hello nastyfans!

Today distribution 500 posted. Amazing.
member
Activity: 421
Merit: 27
this past week nothing was received from the seats ..?
 Shocked Shocked

It looks like there was just a distribution 2 days ago on the 19th. What makes you think that no distribution went out?  I’m on my mobile but here’s a link to the transaction.

https://www.blockchain.com/btc/tx/ca0863b5222c25beb97a6f14fc01721894963e64ac0903dc3c16063dfddeb05d

Nothing seems out of the ordinary to me, but feel free to elaborate on what the issue is if I’m missing something.

I sent you a message with the information so you can see more details of what I'm telling you and thanks for responding, that's dedication to the Nasty fans.
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
this past week nothing was received from the seats ..?
 Shocked Shocked

It looks like there was just a distribution 2 days ago on the 19th. What makes you think that no distribution went out?  I’m on my mobile but here’s a link to the transaction.

https://www.blockchain.com/btc/tx/ca0863b5222c25beb97a6f14fc01721894963e64ac0903dc3c16063dfddeb05d

Nothing seems out of the ordinary to me, but feel free to elaborate on what the issue is if I’m missing something.
member
Activity: 421
Merit: 27
Presidente Nonnakit know what happened   this past week nothing was received from the seats ..?
 Shocked Shocked
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
10 years ago I started a thread with an idea.  I hoped that I would be able to get enough people together to raise funds for a 800MH/s FPGA miner.  Some people liked it.

this is amazing btw good job !

Fixed hashrate mining bonds were pretty much the only mining investment that was available back then and I made the decision to offer something different where hashrate could grow instead of being fixed so that investors weren't still stuck with 2MH/s a decade later.

We will grow and over time you will see a seat bought today being worth FAR MORE than 2MH/s in hashing power.

Currently we are at around 1,000x that hashrate per seat and built a savings of over 15 BTC while offering buybacks of seats from those who want to sell.  Additionally, we've sold custom coins that weigh thousands of ounces of silver, nearly a hundred ounces of gold, and a few ounces of platinum to raise funds for the club.  We also sent out a few hundred Bitcoin to supporters (and I am still attempting to give away lots of free silver coins).  

So after 10 years, expanded mining abilities, new product offerings, and lots of drama.  We are here:
BITCOINS DISTRIBUTED:


I feel like we've conquered quite a bit over the last decade and I hope to continue leading us into another prosperous decade going forward as I attempt to clear away brush from our path.
full member
Activity: 405
Merit: 123
I wanted to confirm I received my coin,  thank you!
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
Thanks!  Honestly, I was more concerned I made a mistake and or ordered out of sequence (should have bought a seat, then mint it, vs. buying a coin, and then a seat, etc).

Thanks for the confirmation and PM.

Thanks!

Mark

Your concern is a common one.  While the ordering page asks for an email address, I don't believe any attempts are made to send order confirmations given the amount of users who message me after finalizing their orders to tell me they didn't receive an email confirmation.  I will mention that I typically receive orders on the weekend, so when I am asked about people's orders and if they went though, my response is to contact nonnakip as I do not see these orders until nonnakip sends me the shipping information.  I cannot ship any minted seats or even know who to ship them to without a message from nonnakip containing this information.  Hence the delay with my now not so recent giveaway attempt.

I think owning online seats is cool.  They have some advantages over minted seats in that you can prove you own them digitally and can set any address you want to receive the distributions.  Online seats ROI is also higher due to their lower cost, which seems to be the most common complaint I hear about Minted Seats.  Depending on market prices on the auction, it may also be cheaper at times to buy a coin with a seat then to buy a seat and then mint it onto a coin.  I believe it's about $10 cheaper currently to do so with the current rates/prices.  This is because Minted Seats are sold using a USD rate, while seats on the auction are always listed in BTC and the price can be set by anyone with an online seat.
full member
Activity: 405
Merit: 123
Thanks!  Honestly, I was more concerned I made a mistake and or ordered out of sequence (should have bought a seat, then mint it, vs. buying a coin, and then a seat, etc).

Thanks for the confirmation and PM.

Thanks!

Mark
hero member
Activity: 633
Merit: 591
I send Markzellers private message. Like all orders over last 10 years he will receive his order.
full member
Activity: 405
Merit: 123
I am curious, can anyone help?

I signed up and bought a seat, but also bought a silver coin (did this before I had the option to mint my seat).

Here are my transactions:


Here is for my seat:

ID    e8a32e42-173e-410e-96d6-3122152e7782
Address    17q1bCwwJboKVyvad9VeJojKPZgHpQxtqR
Transaction ID    90f2440897a0a3832a34f116cc62368a6bfef2f410920b77da6a66042a604a65
Amount    0.00102 BTC

I got this and was able to sign in to Nastyfans.



Here is for my coin:

ID    5afd3fef-eb46-43f3-94a0-d57aee957d60
Address    15S6Jimb6HyKc6N2A57xQZqC8szL5ohwX8
Transaction ID    90f2440897a0a3832a34f116cc62368a6bfef2f410920b77da6a66042a604a65
Amount    0.0031 BTC
Fee    0 BTC
Total    0.0031 BTC
03/15/2022, 15:38 PM UTC    Confirmed

I never received an email for this purchase.  Do you know what I need to do?  I am most interested in the coin, which I hope they still have available.

Any help would be appreciated.  I am just trying to increase my participation in the Bitcoin community.

Thanks!

Mark
full member
Activity: 405
Merit: 123
Well, I just wanted to confirm I joined this group, bought one coin and purchased an auction seat.  I look forward to understanding more of what this is all about.  I agreed 100% with the fact the coins offered still seemed like a good deal, if anything more comes out of being a member, even better.

Thanks!
Mark
legendary
Activity: 2016
Merit: 2180
EIN: 82-3893490


All seats have owners. If you buy a seat then you buy that seat from a fanclub member that sells their seat. Online seat owners can choose to not receive donations. This results in less seats receiving donations. Online seats on suspension do not receive donations. This results in less seats receiving donations. Online seats of terminated accounts do not receive donations. This results in less seats receiving donations.



ok you pretty much addressed the questions I had - I dont get some of it but thats ok.


this last part raised 2 new questions:

1. why would a seat owner buy a seat to get a share essentially but then decide not to take any?

2. how doe a seat get entered into "suspension" or be "terminated"?
hero member
Activity: 633
Merit: 591
Also thank you for clarifying the addresses for distribution question. Minted seats do not have this option correct?

Correct. As nastyfans policy states: "each minted seat set is assigned a permanent unique Bitcoin address".

so 25% goes to nastymining, that is ognasty’s mining operation - correct?  I thought I read somewhere he receives nothing for his mining operation.

Correct. NastyMining is OgNasty's mining operation. nastyfans donates to the mining operation and not to OgNasty. OgNasty does not use nastyfans donations to the mining operation for personal usage. The NastyMining address is public. OgNasty does discuss here before using NastyMining funds for mining operation.

You state threshold is .0005 - when I sign in, it shows threshold is .001 per seat - has that changed?

For online seats threshold is a setting with a minimum of 0.0005 BTC.

For minted seats threshold is fixed at 0.001 BTC. When you sign in you see correct threshold for type of seats.

I will ignore the nastyfans analyzer then - as it was direct linked to on the site nastyfans.org site - I thought it was updated accordingly.

Maybe it is. I do not know. nastyfans analyzer is run by another fanclub member. The analyzer uses public information from blockchain and nastyfans mint data.

Mint.json  shows .232950068 btc as undistributed as total of the amounts under the threshold. Distribution History. This shows 567.7826311 btc distributed to seats and 164.7817028 btc distributed to nastymining - add this up and add the undistributed amounts and its with in .027 btc approx. Again could be spot on if I fat fingered a value.

Mint.json only shows minted seats. Undistributed amounts are also for online seats below threshold. And there are accounts on probation with undistributed amounts. Not all is available to public because it reveals much about members. Many members do not want information shared about holdings or status or ownership.

When you sign in and go to "donations" page you see exact status of all total holdings and distributions.

I also notice there are times (twenty four occasions) where amounts were distributed to nastymining but with zero to the seats - Does this look right? note - these are small amounts but if nastymining was to get either 0/25/50 percent (depending on the time frame), it would seem that if nastymining got a distribution that the seats should have as well.

As policy states seats only get distributions if every seat receives at least 0.00000001 BTC. As example if at distribution time 0.00030000 BTC donated to nastyfans then NastyMining gets 0.00007500 BTC and there is 0.00022500 left over. The left over is not enough for 30000 seats to receive at least 0.00000001 BTC so that Bitcoin carries to next distribution. But 0.00007500 BTC is distributed to NastyMining still.

I guess what I would like to see is what do people pay for the seats - ie what was the average paid price of seats on date of distribution - that would show if it was truly better to have bought the seats or if it would have been better to hodl the Bitcoin.

Online seats are sold on auction. Auction history is public.

I have one question as well - it shows the number of seats for distribution as decreasing - why would the number of seats decrease? would it not increase over time as number of seats sold increases? is there a means to which a seat would stop receiving distributions?

All seats have owners. If you buy a seat then you buy that seat from a fanclub member that sells their seat. Online seat owners can choose to not receive donations. This results in less seats receiving donations. Online seats on suspension do not receive donations. This results in less seats receiving donations. Online seats of terminated accounts do not receive donations. This results in less seats receiving donations.

To understand nastyfans members it is maybe more interesting to see membership history. This is number of member accounts.
legendary
Activity: 2016
Merit: 2180
EIN: 82-3893490
Thank you for the clear answers - I understood 5000 seats were added and that no seat gets distribution umtil made/sold initially/minted or w/e the best term for it is - at least that how I understand it. So sests from the start would have the most distributed. Makes sense.

Also thank you for clarifying the addresses for distribution question. Minted seats do not have this option correct?

so 25% goes to nastymining, that is ognasty’s mining operation - correct?  I thought I read somewhere he receives nothing for his mining operation.

You state threshold is .0005 - when I sign in, it shows threshold is .001 per seat - has that changed?

I will ignore the nastyfans analyzer then - as it was direct linked to on the site nastyfans.org site - I thought it was updated accordingly.




Mint.json

shows .232950068 btc as undistributed as total of the amounts under the threshold.

Distribution History
[/quote]

This shows 567.7826311 btc distributed to seats and 164.7817028 btc distributed to nastymining - add this up and add the undistributed amounts and its with in .027 btc approx. Again could be spot on if I fat fingered a value.

or if we go with the rough average price of btc at the time of distribution this shows approx 78.5k USD paid to Nastymining and approx 195.2k USD paid to the seats. Though the actual gains would vary depending on when the BTC was converted - if it ever was. 

I also notice there are times (twenty four occasions) where amounts were distributed to nastymining but with zero to the seats - Does this look right? note - these are small amounts but if nastymining was to get either 0/25/50 percent (depending on the time frame), it would seem that if nastymining got a distribution that the seats should have as well.

At the link below is simple tab delimited data where I took the above distributions, added an approx usd value based on the average daily price for the date of distribution. I also then calculated the estimated amount to both seats and nastymining - let me know if I fucked any of this up. doing it on my phone via a vpn to my desktop into a database and back out to a tab delimited text file so very possible I may have fat fingered something.

(was too long to post directly so I just created a blank page on my site and tossed it in there)

https://moparmining.com/tab-delimted-text/f/copy-text-below-into-notepad-t

So, I recommend double checking my math and values.

I guess what I would like to see is what do people pay for the seats - ie what was the average paid price of seats on date of distribution - that would show if it was truly better to have bought the seats or if it would have been better to hodl the Bitcoin.

I have one question as well - it shows the number of seats for distribution as decreasing - why would the number of seats decrease? would it not increase over time as number of seats sold increases? is there a means to which a seat would stop receiving distributions?



[moderator's note: consecutive posts merged]
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