Topic: Recovery program beginning in January for PB Mining customers. - page 24. (Read 143904 times)

Massive profits... Market arbitrage...

Something is just so familiar about this...

Unless you're trolling me, I suggest that whoever gets to take you out for a walk should also take over management of your finances.



Sorry to btcgnome and other victims of PB for going off topic and clogging up your echo chamber here.

Dear PBMining,

How come I get no replies from you?  Where is my recovered btc?  I need help bad.

wow you obviously put some work and effort into that, I appreciate the time spent to try to prove somebody wrong but I have just one flaw with it, just one tiny little flaw. You failed to take into account that they "trade" across over 200+ cryptocurrencies, sell high and buy low across all platforms so for example if BTC is down (and it has been recently but it's recovering) then I assume they are compensating for their profit margin on other currencies. Why would you focus purely on BTC when I stated they trade across the other currencies? I would be interested for a similar demonstration including the other crypto's

The more investments of this size or higher the sooner they´ll close shop.

2015-01-07 23:52:51    Bitcoin   1xxxxxxCybS3kq4xxxxxzstZQq3bdVxxxxx

2.1012 BTC  DEPOSIT TRANSACTION ID 99:31:27   4.2024 BTC

That was the TL:DR.

The longer version goes like this:

You are saying this is not a ponzi.
You are saying that these Cryptobubble people really do have a secret trading operation which returns them profits, over and above the 100% interest that they pay every 100 hours for the money you send them?
Ok, let's go with that for a minute.
Unless they are a charity, they have to make a profit on top of what they pay out, let's say 25%, don't want to be greedy. So, their alchemy operation grosses them 125% return every 100 hours.
Do you know what that means?
That means if they started their magic trading system with, say, 1BTC of their own and took no money at all from 'investors', (why should they?) after 100 hours they would have 1.25BTC profit all to themselves, plus the original 1.
At the beginning of the second 100 hour period they now have 2.25BTC to work their magic with and they do, adding 125% profit on that (2.812BTC) to their 2.25, thus starting the third 100 hour period with 5.062BTC. With me so far?
Ooooh look
1   2.25
2   5.06
3   11.39
4   25.63
5   57.67
6   129.75
7   291.93
8   656.84
9   1,477.89
10   3,325.26
11   7,481.83
12   16,834.11
13   37,876.75
14   85,222.69
15   191,751.06
16   431,439.88
17   970,739.74
18   2,184,164.41
19   4,914,369.92
20   11,057,332.32
21   24,878,996.72

There are only ever going to be 21,000,000 Bitcoin.
After less than 21 x 100 hr periods, they would own them all, according to you.

Another TL:DR
If Cryptodonkey's secret trading scheme can pay 'investors' 100% per 100 hours and make a profit on top, if they had started with one bitcoin of their own instead and reinvested it, by about Easter they would have made a profit equivalent to all the BTC in the world.
If they're not a Ponzi.


So, do you get out much?

Dead right. I sent those wankers some dust of no consequence and got

that double back. And i sent them BTC whose return amounted to about

a third of my loss at this shithole.

But that´s it for me. I´m out.

Dead wrong. Aside from moral and legal problems with knowingly investing in a ponzi, its also impossible to profit from it unless the ponzi is successful enough and lasts long enough. Something that seems highly unlikely in the current climate with such glaringly obvious scheme.

Obviously you´re fine investing in a ponzi scheme if you go in early enough

and definitely not cash out too late.

The fun part is these same people going on about their profits from a ponzi will then become "sad victims" once the ponzi is exposed.

Interesting....

Cryptodouble is a fucking ponzi... Don't be stupid and don't support this... People will lose money at the end anyway..

Are you for real? Seriously? You felt compelled to reply to my post with that load of shit??
Please, please, PLEASE!!! next time you think of doing such a thing, just don't bother OK, really, just don't bother.
It holds no weight, no discussion material, it's a poor statement and it contributes absolutely nothing at all to anybody.

I agree with you 100% on that one mate. I've also recovered everything I lost through PBM ... Nearly got back all I've now lost with Cointerra going tits up too.
I can't speak highly enough of CryptoDouble 

Glad to see you living up to your forum name.
Are you allowed out on your own?

Ok, now for the big question Mr. Teal: How would you properly account for taxes using such a "bank"?

I had to put my shitcoins somewhere so that's why

Btc altcoins cryptos are all Ponzi schemes, haven't you noticed that by now?

Um.... You know what a Ponzi is, right? It "works" great, right up to the point where new money coming in can't keep up with payments going out.

Maddof ran for decades without "one" occurance where he had not delivered.

If you have a brief moment of lucidity, PM me and I'll send you a deposit address for my own, just now established bank. The T&Cs are pretty simple, once you deposit you can request your coin out at any time with a short description of what you want to spend it on. If it's valid I'll process the withdrawal minus a 10% fee, if it's another investment in an obvious scam I'll tell you no.
Sure it's going to cost you money, but at least you'll come out ahead vs continually investing in the crap that's being peddled around here.

How are they a ponzi when they buy low and sell high not just on BTC but across 200+ cryptocurrencies to ensure they get a profit but also ensure they fulfill the orders placed. I have not heard of ONE occurance yet where they have not delivered. Ponzi, I think you are mistaken.

So, after you got scammed by a ponzi, you invested in another ponzi?