Topic: please delete - page 7. (Read 7050 times)

If the project fails part of the way through, the unspent BTC will be returned proportionately along with the unfinished source code.  Investors know they have to take a risk.  Thats what investing is.  I'm not saying this isn't a high risk.  Most Angel and VC funding is high risk.  I believe the reward upon success is very high.  Clearly I am also accepting risk in this.  Failure will not look well on me.  The coding team will not be returning spent BTC for their work as bounties.  They will provide source code for the bounties.  Suggestions on how to mitigate risk involved are welcome.  

You might want to start seeing a new doctor or get your money back then because you are extremely disconnected from the topic here. I don't know how to put this any other way -- noone cares about your intelligence, what tests you've taken, the gold stars you got in grammar school, or whatever other trivial information you like to provide to feed your own ego -- don't mistake this forum for your mum's tit.

p-a-t-e-n-t    n-u-m-b-e-r-s. ROI. Reports, charts, graphs, something tangible. A college fellow like yourself should know what these are by now.

So let me get this straight.

You're going to use the potential 50btc from investors' pockets and use it to post bounties for the dev team.

Once the code is written, get the full patent.

However, if the project fails, you will somehow get a refund from the coding team upon their own good merit (perhaps they will LOVE the concept of having put in countless of hours of grueling work only to give up their compensation).  Then return the initial offerings back to the perspective investors?


Boy, this sure seems like a fool proof plan, bud.   I mean, God forbid the investors actually have to take as big a risk as you in this whole endeavor.  You're obviously the one putting yourself out there and stand to lose the most.  Amirite?

and


http://en.wikipedia.org/wiki/Bipolar_disorder

"As mania becomes more severe, individuals begin to behave erratically and impulsively, often making poor decisions due to unrealistic ideas about the future, and may have great difficulty with sleep. At the most severe level, individuals can experience very distorted beliefs about the world known as psychosis."

That is why I don't really take any of your insults seriously because I know you have a condition. And not to put it on blast again, but you should probably slow your roll as you're playing into the stereotype so hard it's enthralling. Patent numbers please :]

I said people can pledge funds too.  Face it, you lost.  How will I scam people while they hold their own funds?  Beat it punk.  You will never be like me.  You are stuck in a small minded world. You cannot think outside the box.  You take out your frustration at the limitations on your own mind by putting down others with a superior thought process than your own.  LATER!!!!

"Hey bro, I run an escrow. Plus Bill Gates and Loyd Blankenship are on my dev team. They said they're going to program me a multi-billion dollar grossing project for free because they think my idea is innovative. But I want to pay them so I need you guys to give me 50 BTC and I'll give you the product once it's done."

^ See, anyone can do what you've done in this thread. Throw some names around, pretend you know what you're talking about, and hopefully someone even less informed (read as: suckers) buys into your laughable pitch.

I would be lying if I said I had your welfare in mind, moreso I like to help newbies from buying into a sinking ship like this one by exposing otherwise trash ideas and scam artists. And if you manage to save yourself in the process from financial ruin too, then kudos. Plus, what exactly would you escrow? In order for that to work, you actually need to have something to deliver to the person on the other end before the funds are released to you to insure that things aren't a scam. Since you have nothing to give other than a basic word document chances are you won't even be able to use one as thoughtful literature doesn't constitute valid collateral.

Provisional Patent number that can be looked up in the public records database that (yes) exists. Really it doesn't get any more simple than that aside from drawing funny little pictures like your original manifesto to demonstrate. And if you submitted a document with ASCII doodles to the patent board then please, I would love to see the letter of rejection as it would be worth the lulz.

cool story bro..

read the part about escrow? read the part about allowing pledged funds where they hold their own funds and only pay once developers deliver source code? 

It would be pretty hard for that to be a scam. 
Thanks again for looking out for me man!  I'm sure you have the sincerest interest at heart.  You may leave now.  Bye bye

oh please. This is, and has been from the start, your biggest problem. You take everything so personally and warp what anyone says into some sort of attack that noone is going to take you seriously. And that's not an opinion, that's a fact. Again, and I mean this in the nicest way possible, due to the complications from your life outside of this based on the information you provided as well as what you have displayed here in the thread I doubt that you will have the ability to cope with such a high-stress hobby. Think about a real world scenario outside of fantasyland for a few minutes -- let's say you get investors and your project gets created. You spent the money investors paid for a variety of things, namely paying the developers. But once your project is made -- what about a flop? Are you prepared to put yourself over forty-thousand dollars in debt? And what happens when angry investors come knocking at your door and you have your pockets turned out? What about civil cases? Judges? The lawyer fees alone would ruin you, guessing that you also have a variety of other bills to pay and a super sweet job being the strapping young lad you think you are. Open your eyes and wake up to reality, for your own sake and everyone elses'. That is, unless of course, this wasn't a scam. Which it almost certainly is. And really now, at this point it's safe to assume that you won't ever provide the information that's been requested because it simply does not exist outside of a .TXT document on your dorm computer. Really groundbreaking stuff here. Just make sure that when you're on your way down and out, that you don't try to take anyone with you because you could be held legally accountable.

Everyone has heard your opinion several times.  Your bias is very clear.  We know your opinion.  You may leave. 

You can leave.  You insulted me repeatedly with ad hominem attacks.  You criticizing my insults of you is extremely hypocritical.  You should leave unless you have some personal stake in the failure of this concept. 

I happen to know a bit about mental health.

I'm certainly not attempting to paint a stereotype, but Bipoplar Disorder does come with some rather unfortunate symptoms, including delusions of grandeur, and mania. In and of themselves these are not "bad" things, as much as any mental condition is neither good nor bad. It does, however, skew ones perceptions of reality and can quite severely distort the perception of ones ideas.

There is nothing wrong with dreaming big, but you must also back it up with hard work, commitment, and a sound basis in practicality. Ideas are cheap. I have some wonderful ideas. Amazing ideas, but they are not worth the paper they are written on. So worthless are they, in fact, that I never even bother to write them down.

Genius is 1% inspiration and 99% perspiration, and you have a lot to prove to show you have those qualities in sufficient supply.

I wish you luck.

Either he is totally just an outright scammer or he has such total lack of understanding and knowledge of the field that he cannot even see how totally broken and flawed his "ideas" actually are. Either way, nothing to invest in here except for him to invest a few years in some serious education relevant to the field and directly of/within the field.

Basically he seems to want to raise money to finance a fairy-dust / wishing-well factory on some dream that fairy dust and/or a wishing well might, if enough money is thrown at it, give some profit for him even if it fails utterly to accomplish anything else.

-MarkM-

Clearly you have it all figured out.   It is amusing to see what what kind of mud you fling when people call out your bullshit. Going from one personal attack to the next, based purely off of emotional imbalance. I wasn't trying to tear you down buddy, if that's what you got from all that. I am reposting the information you yourself wrote and defined as information that we the investors need to know. Not actual relevant information about anything, even the securities involved in an investment such as this. I only listed the information as why people would not want to invest money here. And clearly, after over a year of pitching the same idea under three names with noone (but a supposed single unknown and probably fictional investor) biting should be a red flag to someone with a little more common sense.

So go ahead, try to make more childish insults towards someone you know absolutely nothing about. This thread speaks volume about your character, and should you make any other threads attempting to push this scam, all anyone has to do is post a link back to this thread.

yes, this is a system of currencies and coins used to pay the uploader of content and the seeders of content to something like the Pirate Bay. 

grandeur? yes
delusional? no
addicted to pot? no
alcohol? no, it gives me terrible depression
other drugs? no
gamble? no not in almost a year and I only played poker (for three months)
debt? no
genius IQ? yes
have code written? no
have development team? no


I want to put a development team together to make this software.  Most of all, I want this concept to be made, even if it is by someone else, in which case I will return all funds.  

I'm sorry, but I harbor no sympathy for mental disorders onset by drug use. And I especially don't harbor any interest in giving money to someone with a laundry list of problems like the above that generally are not associated with money management let alone any sort of investment vehicle. This idea sounded like something possibly worth investing in in the beginning, but clearly after divulging that the OP likes to blow smoke out his ass from the amount of bullshit he's been spewing, from falsely claiming ownership of patents to his childish outbursts, it is simply amazing that you would even consider defending this guy. But as they say, birds of a feather flock together and all that.

All we were asking for is some legitimate proof that this is anything other than the workings of an insane person's fantasy world. In the meantime, you might as well pour gasoline over your life savings and set it afire, you'd be getting the same sort of ROI from this "IPO".

LOL this one is funny.  +1

From Wikipedia:

A disruptive innovation is an innovation that helps create a new market and value network, and eventually goes on to disrupt an existing market and value network (over a few years or decades), displacing an earlier technology

http://en.wikipedia.org/wiki/Disruptive_innovation

I wouldn't make the blanket statement that patents are the problem.  Overall, protection *compensation* for innovators is a good thing.  Government corruption is the problem, and it is inevitable.  When governments control IP, it will always be corrupt.  

I would add another thing.  Its weird that I can work for most companies in the US and be paid to invent for them.  All they require from me is to write my ideas down on paper and hand the paper to them (while employed there).  Most of these places provide an incentive to do so, such as a $1000 payment for each patent application filled out. 

Why should we not be able to do the same thing for the public?  Is it not a service, is it not valuable, to come up with innovative ideas and release them to the public?  Of course it is.  Right now there is not much of a system that allows someone to do that. 

I 100% agree that patents are part of the problem.  
 
1) to balance myself.  I didn't want to post my ideas on bitcointalk and be forgotten.  The patent at least means I could be recognized in some way.  People have a weird way of seeing another person's ideas, making the smallest change (which could even be a misunderstanding of the concept) and then believe they came up with the idea.  

2) to prevent someone else from getting IP rights.  If I didn't file the provisional then someone else could file for patent and claim my invention and disclosure of the idea was a "non inventor disclosure."  This is a law and loophole under the new US patent law (first to file rather than first to invent).  This is a loophole built in so that huge companies that are willing to pay massive legal fees can over ride any actual inventor or open source technology and get the IP rights themselves

3) I want the system to be anonymous and disruptive.  My worst fear is that someone makes my system and puts it under government control or makes it completely mundane.  I want my system to not be controlled by government or Wal Street.  Threat of patent rights means someone should make this anonymously and provide anonymity for its users.  I want anonymity because at one point in my life I was insane and a drug addict.  That fact shouldn't affect the adoption of a good idea in any way.  Also, anonymity will allow the system to be much larger by providing an outlet for disgruntled employees to open source and claim "internet patent rights" on their employer's trade secrets.  Threat of patent rights creates incentive to provide anonymity for its users.