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Topic: ♔ RUSTYRYAN's 3.0% Weekly Term Deposits ♔ - page 12. (Read 25510 times)

hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
You have set a record of sorts - least evidence, and fewest posts - I feel like depositing some coins - can I have a deposit address?
But think of your credit rating! Tongue
hero member
Activity: 518
Merit: 500
You have set a record of sorts - least evidence, and fewest posts - I feel like depositing some coins - can I have a deposit address?
member
Activity: 86
Merit: 10
Blah
That was what I was waiting for, the Micon seal of approval.
I'm honored.
sr. member
Activity: 445
Merit: 250
Blah
That was what I was waiting for, the Micon seal of approval.
legendary
Activity: 1232
Merit: 1014
FPV Drone Pilot
member
Activity: 103
Merit: 10
Show us some more Rusty.

I've got some BTC that needs a parking spot.
sr. member
Activity: 336
Merit: 250
stuff

What you can tell me is how you guarantee your deposits in any meaningful way. Otherwise you will lose at least one potential depositor.

As it stands, your "guarantee" is wholly misleading (except that you're not misleading anyone on this forum).
member
Activity: 86
Merit: 10
Honest bob,

Well you asked me to elaborate, what I can tell you is how I will conduct my business, not much more. In the end it is always up to the lender's discretion when dealing with any deposit taker. I should have my credit rating posted by PatrickHarnett shortly on the WPW thread.
member
Activity: 114
Merit: 12
Hi Rusty,

Your intentions may be good but if you expect people to invest thousands of dollars in you without even supplying a name / photo / some sort of identification while having such a recent join date then that's just not going to happen. Your short term success in attracting (big) depositors will be an uphill battle IMHO as people will just gamble their money with Pirate for the same risks at a much higher yield.

just trying to help
sr. member
Activity: 336
Merit: 250
This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.

I'm not sure this claim is valid unless you match your deposits in an escrow.

You can't guarantee yourself against your own default unless you have an escrow.
member
Activity: 86
Merit: 10
This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.
sr. member
Activity: 336
Merit: 250
_______________________________________________________________________________ _________

Why should I trust you?
-While starting up I have set the minimum deposit at only 1 BTC.
-All depositor's coins are 100% guaranteed and will not lose any funds due to any defaults.
-As users receive weekly interest payments I ask of them to please confirm here on the forum as feedback.

What are coins used for?
-Short Term Investments
-Market Arbitrage
-Bitcoin Projects
-Private Loans

Rusty, can you elaborate on this bit?
hero member
Activity: 518
Merit: 500
I have provided the pro-forma pm and details and Rusty has declined for now.  I have replied to him that it would probably be a good exercise for him to go through it anyway.
I've messaged you back regarding CR.

Information received.  Rusty has provided some extra information that I think he should include in his OP regarding asset backing and BTC income.  Also, at this time, with no deposits or liabilities, the ratios are not useful (it's a chicken and egg situation).
member
Activity: 86
Merit: 10
I have provided the pro-forma pm and details and Rusty has declined for now.  I have replied to him that it would probably be a good exercise for him to go through it anyway.
I've messaged you back regarding CR.
hero member
Activity: 518
Merit: 500
Then I wish you good luck, and I highly advise you to visit this thread:

Who Pays What?

Read it over, send PatrickHarnett your details, and you'll be added to "New Deposit Takers." This is great for advertising. Then, send PatrickHarnett the data he needs for the Credit Rating. If you can get a good credit rating from him, I'll deposit with you, because I trust him a lot.

second this, I'm interested in depositing, however without any assurance from patrick that you are a reasonable risk, I'll be going elsewhere.

I have provided the pro-forma pm and details and Rusty has declined for now.  I have replied to him that it would probably be a good exercise for him to go through it anyway.

There are several others on the WPW list that have not responded, and I keep getting requests for recommendations about which ones I would trust or not.  I think that's a poll I could add to the thread, so will do that shortly.
donator
Activity: 452
Merit: 252
Then I wish you good luck, and I highly advise you to visit this thread:

Who Pays What?

Read it over, send PatrickHarnett your details, and you'll be added to "New Deposit Takers." This is great for advertising. Then, send PatrickHarnett the data he needs for the Credit Rating. If you can get a good credit rating from him, I'll deposit with you, because I trust him a lot.

second this, I'm interested in depositing, however without any assurance from patrick that you are a reasonable risk, I'll be going elsewhere.
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
Then I wish you good luck, and I highly advise you to visit this thread:

Who Pays What?

Read it over, send PatrickHarnett your details, and you'll be added to "New Deposit Takers." This is great for advertising. Then, send PatrickHarnett the data he needs for the Credit Rating. If you can get a good credit rating from him, I'll deposit with you, because I trust him a lot.
member
Activity: 86
Merit: 10
While my name will probably be known through my ventures here, I'd prefer to not have it posted and searchable on the forum.
I reside in California, USA for those that would like to know.
I don't as of now have #bitcoin-otc or trading rep.
Pirate is not involved in my operation.
I log in with the same ip everyday, and do not plan on going anywhere. This is a reason to why I donated right at the beginning, but that doesn't prove anything/everything, I understand.
I can only provide the warranty the same way other deposit takers do, one deposit at a time. Thanks for stopping by.

-Ryan
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
I'm bored, Let me help you build trust with your depositors.

What's your full name ?
What country / state do you reside in ?
What's your facebook page ?
Can you post a pic of yourself handing a paper with your btc name on it ?

I imagine if you did the above, it will go along way in people accepting your low post count / new join date.


Or you could just ignore me... I don't mind. Like i said, im just bored. ( working late on a saturday does that )
Additionally...
How much Pirate exposure do you have?
Shoe on head?
Have you ever sold or bought anything for BTC and had the other person send first?
#bitcoin-otc rep?

Most important, though, is getting a credit rating from PatrickHarnett.
member
Activity: 114
Merit: 12
I'm bored, Let me help you build trust with your depositors.

What's your full name ?
What country / state do you reside in ?
What's your facebook page ?
Can you post a pic of yourself handing a paper with your btc name on it ?

I imagine if you did the above, it will go along way in people accepting your low post count / new join date.


Or you could just ignore me... I don't mind. Like i said, im just bored. ( working late on a saturday does that )
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