Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 8. (Read 959011 times)

Maybe I do not explain it well, but I mean ah coins with funds, not only Silver coins, something similar to Lealana coins, also make only 84 coins some gold with 50 Litecoins and other Silver with 25 coins, maybe if  You take a poll , you could see how much market it has and regarding Charlie's I never saw him promote them.
LTC Binary

NastyMining has just purchased another 246 NastyFans seats for 0.123 BTC on the public auction.



We still have lots of silver LTC binary rounds available in our shop at: https://nastyfans.org/mint
They didn’t sell very well even with an endorsement from Charlie Lee, so I don’t think I will be making more LTC rounds in the future.

There is some possibility that NastyFans can create some Litecoin gold coins with 50, 25 and 12.5 coins .. it would be a good deal with many followers of Litecoin including me with limited edition of 84 coins.
Especially since it is still relatively cheap, and is still accessible to many.

People are out to troll and I don't understand it. NastyFans / Nasty Mining has delivered exactly what it promised, which is a mining co-operative with some fun things like seats. It certainly performed far less than how bitcoin itself has, but that's the reality for nearly everything.

I have a few seats but I am happy with them, and I hope everything continues.

NastyMining has just purchased 1,500 NastyFans seats for 0.75 BTC on the public auction. The plan is for these seats to refuse distributions leaving more BTC from distributions for the rest of the seats. I will relist these seats at higher BTC prices to add more supply for potential buyers and possibly increase the BTC amount held in savings.

Sorry, bad wording, I meant you deleted your posts, which made my posts look like I was talking to myself. Not cool but whatever. I already fixed that.


Or you could just answer as to when you decided that Bitcoin is not money and how you communicated that to your customers/investors/etc. I don't have an issue with this if it was properly disclosed at the time.

I posted this in my mining thread, but thought people might enjoy seeing some positives to understand why I spent my money to make my mining operation more environmentally friendly.  When I started talking about going green with my mining operation back in 2014 it seemed like such a distant goal.  Seeing the effects of this effort on the environment now is a wonderful feeling.



I obviously can't delete anyone's posts here, nor did I report anything as multiposting but that should be of no surprise to anyone.  I would like to request you suchmoon along with your partner ibminer to utilize the Reputation board if you have issues with me.  This thread is to discuss a provably honest community organization, not to cast stones at it's members. 

LOL... Og's been deleting his posts and reporting my posts as multiposting. Let me reorganize everything into one post with appropriate quotes. If you need more context, including full versions of Og's deleted posts, see here (scroll to the end): https://loyce.club/archive/topics/8/86854.html


Did you take USD or BTC? Are you giving back USD or BTC? Is BTC money or not?

When I say "less money" I mean "less money", not "more dollars" or "more bolivars". Not a rocket surgery really.


So... you gave back less value, is that a fair assessment of what's happening here?


When people gave you money back in the day, were they all aware that you don't consider Bitcoin money? Can you point to where you explained all that?

I can see how this could have been interpreted differently if you didn't make it clear upfront.

You don't have a business tax number and you claim you paid six figures in taxes years before the crypto price rose, and that was only withdrawing what you need, remember?  You can't be hurting with these expenses, can you?


That's the same thing you said to everyone when you paid them 1% of the coins you got from pirate.   They should thank you, since you didn't have to pay them anything.

Remember, you can say anything you want as long as it's true.  But if you purposely tell a lie with the intent to steal and physically harm people, and continue it for years, you better be able to compensate for it, which I have proved he stole and he has bragged he still has.  You or I cannot damage his reputation any further.

The good news, all information will soon be public, making future lawsuits against NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) personally, easier.

[mod note: removed content against the forum's rules]

At the end of the day, it's common sense... facts are facts. It was pretty clear what OgNasty sold.

MMLLC - Don't let anyone fool you. OgNasty has a ton of incentives to do what he does, so shed no tears thinking he isn't getting anything out of this. That's nonsense he throws out to make him look (and possibly feel) altruistic.
I'm not going to say he has not put in any work or effort here, he obviously has, but he certainly has been compensated in many ways, which depends on his reputation as a manager of a security.

100% guarantee OgNasty would not be doing *any* of this if he wasn't financially benefiting from it in one way or the other. And I very rarely put a 100% on something being true.
Profits are fine, but when you become a profiteering glutton who habitually lies, mudslings, and misrepresents things, you get yourself into trouble.

To avoid getting into PMs using his own words, and making this a true shitshow.. I'll leave it at that.


OK, I'll accept that you started NastyFans... but who's idea was it?  and what was its true primary purpose in relation to NastyMining?
Rhetorical questions, as I know the answers.. based on Og's words. No need to respond.

I am not trying to damage anyone's reputation here or start a shitshow, I'm just not going to ever accept a claim of "125% ROI" on something I'm involved with and not say something.
I animatedly refuse that notion, as it is not true, and misleads future members.

If OgNasty wants to continue on with this false claim, then I must point it out in the only way I am able. If that requires me saying things OgNasty doesn't like, sorry.
If he wants to try and drag me through the mud or continue making up & spinning things to defend his claim, then I will need to point those out as well.

According to the Battery Statistics:

.. he's using 7.8kW (7,800 Watts) to power:
Antminer S17 Pro (2,212 Watts)
2x Radeon RX Vega VII (~600-700 Watts)
(if you accept the title of his thread, he has 11.2kW SOLAR/WIND/MAN)

Yes, him covering power expenses was something he had always sort of touted as a perk, since he always mentioned it (and still does). I was buying a silver coin worth ~.41BTC at the time, for 1.65BTC. This was one of the perks I accounted for to justify the large markup on the purchase/investment into Nasty*, which carried with it the ultimate end goal of getting NastyFans more BTC distributions.

6 years later and..

Sorry to interrupt shitstorm. I just remind again about the fanclub and how it started and how it operates.

Is it over?

Why does ibminer's blockchain evidence conflict with your spreadsheet?
How does sending you 1.6 BTC and getting back 1% of that have to do with the BTC price?



Let me know your public charities offer of help by Sunday, ponzi scammer, or it's time both our lives go very public in the great American contingency style libel suit involving hundreds of millions of dollars in stolen coins.  They can fight with you, Theymos and BAR till the cows come home, but I will get money upfront to help with expenses you caused. It's a fairly open shut case and the majority of the punitive damages will eventually go to your ponzi victims.   Little guys win for once!  You've already reached most of my family, so letting everyone know what you did will actually help with my stress level.

At this point, your idiot supporters should step up and point out your massive countersuit.  I have no problem being financially responsible for calling you an idiot.

Again, please re-read what I said - I did not pay taxes until 2018. That is when I started mining again, after quitting near end of 2011 and back then, it was not taxable. If I recall, in 2014 is when the IRS made the distinction that bitcoin was classified as property and taxable. I keep/kept saying 2018 as that related to me. I did not once state that was when taxation started. I think the only other reference I made to time was that possibly it was not taxable when they bought their seats - I state that because I do not know when the seats were sold or when this venture began. If I recall you started with a gpu so it had to be a while back.

Yup.  They are paid weekly despite claims made by individuals on this thread.  You can view the weekly payouts here: https://nastyfans.org/distribution.summary.csv

My offer of a buyback was with all of our savings so they could claim any BTC they feel is theirs.

I totally agree that when you get paid in BTC it is taxable at that Fiat rate at the time of payment (I even stated that is how I handle my mining revenue) Re-read what I said - I claim the USD value at the time it is mined (when I get paid from the pool) and then I also claim the loss/gain when I convert it.


Are the seat holders actually paid yet? Can they convert the BTC they have earned right now?

Also - I believe when most of them bought seats - BTC was not taxable. I know it was not taxable when I was mining in 2010 or 2011. 2018 was the first year I had to pay taxes on any crypto earnings.

I am not attempting to spread any misinformation. I just don't see this as being an advantageous investment for any one involved. It would have been a better investment to simply hodl their BTC and to never have bought a seat. That one individual would then have 1.6 BTC now instead of 0.00950615 BTC. For someone simply hodl'ing from way back then, they would not owe any taxes until they cashed it out.

I see that you are in disagreement though and feel that collecting that much BTC back then and having only a small fraction of it now is still somehow a gain. I will refrain from asking any more questions or posting any more comments.

all other things aside, you should be compensated for the cost of operation. So, 100% of all mining revenue goes to the seats (minus what goes to nastymining)?


If they were to invest BTC as BTC and they lost BTC, it could be claimed as a loss. If they were to invest BTC by converting it to Fiat and it lost value in relation to BTC but gained value as Fiat, they would owe tax on the Fiat gains - because it was Fiat not BTC. In these people's cases, they gave you BTC and they are getting a return in BTC - at no point did they convert the BTC to Fiat nor are they getting a return in Fiat. So, to have paid 1.6 BTC and have only 0.00950615 BTC in returns is a loss. If they were to cash out now (get no further disbursements) and convert the 0.00950615 BTC to Fiat, yes, they would pay taxes on the 0.00950615 BTC. I am pretty sure for investment purposes (I could very well be wrong), it is not taxable until one converts it to Fiat.

Personally, I am not an investor with my BTC, I get mine thru mining and as a miner I have to claim the value of the BTC at the time it is mined, and then claim the loss/gain when I convert it.
My RL job pays me in Fiat, at which time I then convert it 100% to BTC. I use BTC to pay for everything I can and when I cannot use BTC, I convert it back to Fiat. At every conversion, I either owe tax for any gains, or I can file a loss if the value is lower. I add all that up at the end of the year. Have done this for my taxes since 2018.

OgNasty, you need to address the ongoing liability Nastyfans may have should you lose your assets to a actual charity.  Eventually every coin you have may be seized unless you show any proof I outted or exposed or admitted or claimed I was a pedophile.   Those rumors you started helped contribute to my mental illness, my drinking problem and my stroke.   At the same time, I have said nasty things about you, but none were untrue to me.

Take advantage of OG's buy back offer while the illegal shares are still worth anything.

ibminer, why don't you take advantage and sell your 1.6 BTC worth of seats?  That's less than 1/10th of his buy back offer.  

Nope.  All electricity costs have always come out of my own pocket.  I know it seems odd that people would attack someone for running miners for others behalf and paying all the associated costs for them, but that's literally what is occurring here.



This is a dangerous statement that could potentially land you in big trouble with the tax reporting agencies in your country.  If you claim a loss of funds to your government's tax agency the way people claim it on this thread, you will likely face penalty as you should be claiming your fiat gains.  Stating otherwise is a dangerous claim that could land people in hot water if they listen to you, so be careful.



They went from $1.54 to over $30 all while paying weekly distributions.  I don't see that as the price of seats going down.  No other reasonable person, vendor, or agency would either.  You are wrong, but I do urge you to claim the loss on your taxes and see what happens.  Would be great to see you put your money where your mouth is and accept the consequences for once rather than troll me.