I see you're still very much heated over my topic Micon but I'm sure you'll be happy to hear when I say I've given up my proposal since it was getting no where. If anyone in this world wanted to do any sort of investment related opportunities; there's always a certain amount of risk involved. In this case, if no one is willing to take that risk in me (which is totally fine) then I'm not willing to risk anything on my end (in this case, guaranteeing that investment).
Just forget about how my model was proposed, how it works or how crazy it sounded. At this point, it doesn't matter because I'm not longer following up on it. I'm back doing what I've been doing and nothing has changed on my end. However, you are wrong about one thing.. good deeds do happen in this world. Take for example the homeless man in Bulgaria who has been panhandling his entire life.. and then donated every cent (about $40k euro) to his local church. I can see where you're coming from though; since this forum is saturated with Fear, Uncertainty and Doubt. The first sign of anything remotely promising is automatically flagged down as scam or something of the sort... but... don't misunderstand me here either because I know that the Bitcoin community has seen more bad apples than good ones, which is unfortunate.
But, I digress. I was willing to help others out and I was genuinely going to see it through but after all this "drama".. I don't see why I should bother for a lost cause. Finally.. for your information, this post is absolutely in the correct thread. If you are familiar with the Marketplace thread, you'd know that investment post falls under the category of "Gambling". So yea, go ahead and report me if that makes you feel better about the world.
Topic: Private Bitcoin Investment @ 15% ROI (Read 2053 times)
...when I can avoid it altogether just investing by myself.. but I cannot build a portfolio by giving myself positive feedbacks. As far as how this system works.. it requires an investor investing 1 btc. Period... my system, my rules. 
level of writing: ~9th grade
Fallacy: "I cannot build a portfolio by giving myself positive feedbacks" But you could make a shit ton of money if what you said was true. Why the fuck do you need portfolio of feedbacks if you are just clocking it like a boss making coins? No sane man would randomly share it. Just doesn't happen. Just always a scam. Always. You only need a portfolio of trusts if you want to borrow a large sum by taking "investments" But we already told you we require 100% escrow for this so you can never roll anyone.
Also, this is not gambling. "Report to Moderator"
Again, you are being illogical. Me sending you money doesn't build trust in YOU, it builds trust in me.
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
I think the illogical one here is you. The insurance funds are for insurance coverage ONLY. Not for reinvestment. I use your investment to make a return. Your return which will be 0.15% of your initial investment, or in other words 0.15btc return, is a cut from my return. That's the end of the deal as far as me and my investor are concerned. As for what I do with my portion of the return, I split it up.. some goes back into the insurance pot, the rest into my savings.So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
Yes, it builds your trust but also my trust at the same time seeing how I'm able to give you back the yields. Win-win, no?
Exactly. You are insuring my investment by investing the insurance money. It works out the EXACT same either way, and since you are insuring my investment 100%, there is no need to send you money since you promised that I'd get it back 100% of the time. It just wastes time. So has the investment began yet? I believe Micon and I both took you up on your offer, so that's the two people max. I'm assuming the investment has began, yes? Is there some place I can track or watch it?
he's right, jayeeyee. There is no need for us to send money. You are insuring it 100%.
Here's how it would work the way you want to do it:
1) you send the escrow 2 btc [ i pay the fees ] [Total amount of BTC in the system from jayeeyee: 2 btc]
2) FUR11 and I both send you 1 btc and you arbitrage your face off.
But here is how FUR11 and I want to do it:
1) We both send you no bitcoins, because this looks extremely shady. And for sure it's definitely not gambling so hashtag report to moderator anyway.
2) you take the 2 bitcoins you were going to escrow, but instead treat them as our investment. Think of it as an ipso-facto. [total amount of BTC in the ssytem from jayeeyee: 2 btc]
so you are still out the same BTC, 2, from your wallet to start this scam anyway. No reason to pay the escrow fees.
Will you pay escrow fees for 1 BTC? If so I'll probably do it since I have no chance of a loss.
^
That's the assumption I'm getting here... but I guess we'll eventually find out whether or not that'll happen. Who knows, maybe one day I'll just stop doing this.. but of course after I pay the dividends back to my investors.
That's the assumption I'm getting here... but I guess we'll eventually find out whether or not that'll happen. Who knows, maybe one day I'll just stop doing this.. but of course after I pay the dividends back to my investors.
From my perspective, I would think the INITIAL investors will be just fine. They obviously will be fine if they have the 1 BTC escrowed, so there's nothing that can really go wrong there. My thinking would be that a scam would come down the line after the OP has trust and someone "invests" way more BTC with him.
^Alright, I respect that.
Hey, OP. You're not a secret agent. I'm also betting that you're not a genius since you apparently haven't considered how absolutely ridiculous your proposal sounds from a 3rd-party perspective.
Give us a solid business model or we can only assume you're just a common thief.
I fully discourage anyone from investing with you, and your proposal has solidified the fact that you and I will never have a business relationship of any kind.
Give us a solid business model or we can only assume you're just a common thief.
I fully discourage anyone from investing with you, and your proposal has solidified the fact that you and I will never have a business relationship of any kind.
^
It is liquid but I'm not touching it other than for the reason to cover loses and that's it. Yes, I understand my system doesn't make sense and takes additional unnecessary steps when I can avoid it altogether just investing by myself.. but I cannot build a portfolio by giving myself positive feedbacks. As far as how this system works.. it requires an investor investing 1 btc. Period... my system, my rules.
It is liquid but I'm not touching it other than for the reason to cover loses and that's it. Yes, I understand my system doesn't make sense and takes additional unnecessary steps when I can avoid it altogether just investing by myself.. but I cannot build a portfolio by giving myself positive feedbacks. As far as how this system works.. it requires an investor investing 1 btc. Period... my system, my rules.
^
Would it make everyone understand this easier when I say the insurance pot cannot be used to invest? When I mean I'm keeping my personal life far away from btctalk means just that. But my btctalk persona "jayeeyee" is what I'm building in terms of trust. Pretend this is an experiment I fabbed up just so I can build my trust rating, if that helps.
Would it make everyone understand this easier when I say the insurance pot cannot be used to invest? When I mean I'm keeping my personal life far away from btctalk means just that. But my btctalk persona "jayeeyee" is what I'm building in terms of trust. Pretend this is an experiment I fabbed up just so I can build my trust rating, if that helps.
That doesn't make sense. The insurance pot MUST be liquid, otherwise it's not a 100% insurance. And we know that it's liquid, since you were willing to escrow it an hour ago.
jayeeyee 0.15% of 1 btc is 0.0015 btc not 0.15btc.
or you mean 15% of course.
It's 15% of 1BTC.. not in fiat. Market value of BTC has no value to yields. All yields are in BTC in that of itself. or you mean 15% of course.
Again, you are being illogical. Me sending you money doesn't build trust in YOU, it builds trust in me.
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
I think the illogical one here is you. The insurance funds are for insurance coverage ONLY. Not for reinvestment. I use your investment to make a return. Your return which will be 0.15% of your initial investment, or in other words 0.15btc return, is a cut from my return. That's the end of the deal as far as me and my investor are concerned. As for what I do with my portion of the return, I split it up.. some goes back into the insurance pot, the rest into my savings.So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
Yes, it builds your trust but also my trust at the same time seeing how I'm able to give you back the yields. Win-win, no?
Exactly. You are insuring my investment by investing the insurance money. It works out the EXACT same either way, and since you are insuring my investment 100%, there is no need to send you money since you promised that I'd get it back 100% of the time. It just wastes time. So has the investment began yet? I believe Micon and I both took you up on your offer, so that's the two people max. I'm assuming the investment has began, yes? Is there some place I can track or watch it?
^
Would it make everyone understand this easier when I say the insurance pot cannot be used to invest? When I mean I'm keeping my personal life far away from btctalk means just that. But my btctalk persona "jayeeyee" is what I'm building in terms of trust. Pretend this is an experiment I fabbed up just so I can build my trust rating, if that helps.
Would it make everyone understand this easier when I say the insurance pot cannot be used to invest? When I mean I'm keeping my personal life far away from btctalk means just that. But my btctalk persona "jayeeyee" is what I'm building in terms of trust. Pretend this is an experiment I fabbed up just so I can build my trust rating, if that helps.
jayeeyee 0.15% of 1 btc is 0.0015 btc not 0.15btc.
or you mean 15% of course.
or you mean 15% of course.
Again, you are being illogical. Me sending you money doesn't build trust in YOU, it builds trust in me.
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
I think the illogical one here is you. The insurance funds are for insurance coverage ONLY. Not for reinvestment. I use your investment to make a return. Your return which will be 0.15% of your initial investment, or in other words 0.15btc return, is a cut from my return. That's the end of the deal as far as me and my investor are concerned. As for what I do with my portion of the return, I split it up.. some goes back into the insurance pot, the rest into my savings.So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
What's so hard to understand about this? It really is that simple.
That's exactly what he is offering you. And he even saves you the transactions fees from the escrow.
Again, you are being illogical. Me sending you money doesn't build trust in YOU, it builds trust in me.
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
I think the illogical one here is you. The insurance funds are for insurance coverage ONLY. Not for reinvestment. I use your investment to make a return. Your return which will be 0.15% of your initial investment, or in other words 0.15btc return, is a cut from my return. That's the end of the deal as far as me and my investor are concerned. As for what I do with my portion of the return, I split it up.. some goes back into the insurance pot, the rest into my savings.So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
Yes, it builds your trust but also my trust at the same time seeing how I'm able to give you back the yields. Win-win, no?
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
I agree, I too would like to invest. Because it is 100% money-back guarantee, I would prefer for you to just start sending me the profits, as instead of escrowing your 2 btc, please use those 2 btc to start generating profits for FUR11 and me here.
We are both in for 1 btc each, please update your OP and close the offering until this one is paid out + 15%.
Yes, that is exactly how this scam works out. You have 0 credentials to back up your claim and that is why you are being called out on it.
L O L of course. That's the least you can ask. As someone who is "in the field" I'd assume you'd know this from your vast experince. But I guess you don't ask the people you are going to loan the money too either? You just give them money and for no reason hope they'd pay you back?
Micon's idea is a good start but it doesn't prove anything other than you are willing to spend 0.2 - 0.3 btc to lure in more people to scam from next round.
The mere fact that you are being defensive when asked about your strategies is a tell tale sign of a scammer.
Yea, I understand I have no creds but that's just how it's gonna be. I know it's not going to help me but that's what I'm sticking with. Call me a scammer for not releasing personal info any time you want... frankly, I don't care anymore what you have to say.Quote
I'm going to assume the next thing to ask is how my investment model works in detail.
L O L of course. That's the least you can ask. As someone who is "in the field" I'd assume you'd know this from your vast experince. But I guess you don't ask the people you are going to loan the money too either? You just give them money and for no reason hope they'd pay you back?
Micon's idea is a good start but it doesn't prove anything other than you are willing to spend 0.2 - 0.3 btc to lure in more people to scam from next round.
The mere fact that you are being defensive when asked about your strategies is a tell tale sign of a scammer.
At any giving point in time, there can only be a certain amount of individual I am willing to take in. It doesn't make sense why I would continue to build a bigger base of exposure only to screw the last few investors later on and ultimately destroying my credentials on btctalk.. at least, not to me. If anyone is worried about being scammed, the escrow method is the best fail-proof way of going about this and I'm all in for it. But if you start complaining how this is a scam because I refuse to release personal info about myself.. then sorry, you're out of luck on that one.
I am not out of luck on this one. You are out of luck on it. I don't have a stake in it.
No, you wouldn't care now would you. It's so easy not to answer the simplest of questions and act like it's unreasonable.
Quote
It doesn't make sense why I would continue to build a bigger base of exposure only to screw the last few investors later on and ultimately destroying my credentials on btctalk.
Oh, you mean like every pyramid scheme EVER? No that wouldn't make sense for a scammer. Yeah, destroy your nonexsistant credentials on a forum where you want to be anonomus. How horrible that would be..
Simply because I'm more focused on building my trust portfolio which to me is more important.
Nope, I'm keeping my personal info, personal. I'd like to keep my personal life as far away from btctalk as possible and that's my decision.
These two statements are clearly at odds with each other.
Also, since you will be escrowing the entire principal for the entirety of this scam, (for instance, if you say you can take 50 BTC in investment you will be required to post 50 BTC to escrow) of what importance would it be to build a "trust portfolio" ? No one is ever going to trust you to hold BTC for 100% no-lose investment unless you post 100% yourself? no trust ever needed, right?
Ok, let's build trust. I have 1BTC that I'd like to invest. You have 1BTC that is liquid to protect my investment, right? So since you promised that I would never EEEEEEEEEEEEEEEEEEEEVER receive less then 1BTC back from my investment, AND you have at least 1BTC on hand to protect my investment, there's no reason why we should incur extra fees by having me send you money. Just invest the BTC that you have on hand (to guarantee my investment) and give me the profits from the investment. If you are running a legit operation here, there's no reason why what I just laid out is unreasonable, right?
That's just giving you return from out of nowhere. No more different than me giving 0.15btc to random strangers. Good try there buddy, good try. This investment is a 2-way deal. Whatever you invest in me, I cut a portion of my return back at you (hence the 15% ROI), whatever else I make, I take some of that and put it back into the insurance funds so I can build a bigger base. So in the future, I can offer 3,4,5,6+ and so on BTC of coverage.If you're asking why I'm not already doing that with my own btc funds, go back up and read why the trust portfolio is the primary focus. Even if I sent you 0.15btc from out of nowhere and you offer a positive feedback rating. That rating is just going to be how I gave you free btc and not about the investment experience, in it's proper scence.
Again, you are being illogical. Me sending you money doesn't build trust in YOU, it builds trust in me.
So, again, I'd like to invest with you. But sending you the money doesn't make much sense since I'm 100% guaranteed to get it back, right? See that's the fallacy in your plan. You are offering something for nothing, but are still asking people to risk something (by assuming you will send them their money back).
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