Author

Topic: New trading service (Read 883 times)

member
Activity: 126
Merit: 10
December 28, 2013, 01:47:16 AM
#19
seriously?
please perform necessary due diligence before investing in this type of schemes.

It was just a thought nothing more and the way everyone has responded i not going to do it
legendary
Activity: 2128
Merit: 1002
December 28, 2013, 01:38:21 AM
#18
seriously?
please perform necessary due diligence before investing in this type of schemes.
member
Activity: 126
Merit: 10
December 28, 2013, 01:33:25 AM
#17
Since I see no linkedin, facebook, etc links, no passport scans and so on, here is a useful link for you if you are a hunted felon who dare not reveal his location or identity or the author of a book that insulted The Prophet so that terrorists will kill you the moment they locate you or whatever:

http://bitcoinism.blogspot.ca/2013/12/lex-cryptographia.html

-MarkM-


Lol  Grin Grin Grin
legendary
Activity: 2940
Merit: 1090
December 28, 2013, 01:01:36 AM
#16
Since I see no linkedin, facebook, etc links, no passport scans and so on, here is a useful link for you if you are a hunted felon who dare not reveal his location or identity or the author of a book that insulted The Prophet so that terrorists will kill you the moment they locate you or whatever:

http://bitcoinism.blogspot.ca/2013/12/lex-cryptographia.html

-MarkM-
member
Activity: 126
Merit: 10
December 28, 2013, 12:41:56 AM
#15
I've got 100,000 BEK if you can deliver. Wink Tongue

i have 500000 lol cant do anything with it Cheesy
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
December 28, 2013, 12:41:32 AM
#14
But I want to receive my payout in BTC. Wink Tongue
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
December 28, 2013, 12:40:30 AM
#13
I've got 100,000 BEK if you can deliver. Wink Tongue
member
Activity: 126
Merit: 10
December 28, 2013, 12:19:20 AM
#12
I see what you guys are saying. Ill build up more trust and ill head back to the drawing board and think of a new idea Smiley
member
Activity: 70
Merit: 10
December 28, 2013, 12:12:56 AM
#11
Haha Mark, I always enjoy your contributions.
member
Activity: 126
Merit: 10
December 28, 2013, 12:12:29 AM
#10
And what happens when you lose coins and make a bad trade?

I will only ever allow the amount of coins in the system to be equal or lower than my own reserves of coins so if something goes wrong you will always get what you invested back.
legendary
Activity: 2940
Merit: 1090
December 28, 2013, 12:11:45 AM
#9
I am suggesting that there are plenty of people in the world who are not ashamed of who they are so why buy into some scammer or even potential-scammer or even mere potential-incompetent who is ashamed of their own identity?

It is needless pointless extra risk.

If it is risk at all rather than a pretty much "sure thing".

(Sure to be a scam; after all why ever would they NOT run with the money? They can maybe buy a new identity with it that they are not ashamed of.)

Even people who are not ashamed of who they are, such as Pirateat40 who actually met with victims in person, do ripoffs with impunity, so even when we all have scans of your passport and the home phone number of your local chief of police that still doesn't really offer us much.

-MarkM-
sr. member
Activity: 462
Merit: 251
December 28, 2013, 12:10:28 AM
#8
Sort of "risk-free" investment? (Risk-free for the thread author, not for the investor)

Gimme your coins. I'll try my luck with them on some exchanges, hoping for a profit and if I actually manage to have some profit, I'll take part of it before paying you back and then return the money and be famous here. If not ... well, bad luck. I won't pay the loss from my pocket of course .... so time to disappear? Smiley

Nah ... unless you have reputation of a good investor, I doubt anybody will trust you with some significant amount of coins. One risk is that you run with the coins, second risk is that you may actually make negative profit (loss) with the coins.

member
Activity: 70
Merit: 10
December 28, 2013, 12:09:23 AM
#7
Is this just a short-term stockbroking style system? Seems shady.

Do you have any trade history to prove your skill?
Do you have any current clients that can vouch for you with proof?
Why should we trust you with our money?

full member
Activity: 224
Merit: 100
DigiByte Founder
December 28, 2013, 12:08:58 AM
#6
And what happens when you lose coins and make a bad trade?
member
Activity: 126
Merit: 10
December 28, 2013, 12:04:38 AM
#5
Ok so you say its not worth my time working on as to many people will call scam?

Do one trade at a time, build up a rep and forum status, then sure, why not?

99% of newbies who claim they can make you money are scammers. Unfortunately it is your job to provide the benefit of the doubt if you are in that very tiny 1%

Ok thanks for the feedback Smiley
hero member
Activity: 532
Merit: 500
December 27, 2013, 11:58:42 PM
#4
Ok so you say its not worth my time working on as to many people will call scam?

Do one trade at a time, build up a rep and forum status, then sure, why not?

99% of newbies who claim they can make you money are scammers. Unfortunately it is your job to provide the benefit of the doubt if you are in that very tiny 1%
member
Activity: 126
Merit: 10
December 27, 2013, 11:56:06 PM
#3
Ok so you say its not worth my time working on as to many people will call scam?
legendary
Activity: 2940
Merit: 1090
December 27, 2013, 11:53:02 PM
#2
One of the classic scams.

Please provide your linkedin, facebook, sourceforge, google+, github etc identities and even then we already know that thanks to various intelligence services there are tools to create "established" identities across all social media but at least it will show a little bit of dedication if only to the creation of astroturf identities.

-MarkM-
member
Activity: 126
Merit: 10
December 27, 2013, 11:40:14 PM
#1
Im thinking of creating a new trading service (6 Day trading service)

Lets use Doges as an example.

Scenario

You send me 1000 Doges because you don't trust me yet then i trade your coins and everyone else's who signs up for the next 6 days.
I take a 5% fee of the profit for my hard work during those 6 days and you are returned your 1000 coins Plus interest which is directly proportional to how much you invested.

Formula :

Return =  Coins invested + ((Profit - 5%) / Total invested ) x Your Investment

Users may only join at the beginning of a new round.

What do you guys think any feedback would be great Smiley
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