Quote from: Borzoi on September 19, 2012, 05:44:08 PM

Quote from: chungenhung on September 19, 2012, 04:03:05 PM

the 9% is part of a deal i made with INAU, thus don't really have anything to do with imsaguy. Basically, INAU owes me 1100+BTC. I take on imsaguy 1055 debt, plus the upcoming 9% dividend at the time, which would make up to total 1100+BTC. The 9% dividend technically should go to INAU, then to me, but I just asked for it to send directly to me. 9% was send BEFORE imsaguy declare he would stop paying.

You confuse me. Let me see if I understand.

INAU owed you 1100+ bitcoins. Discharging debt, he gave you 1055 bitcoins of debt for imsaguy. Imsaguy paid 9% of 1055 or 1100?

A = INAU, B = imsaguy

So you invest 1100 bitcoins with person A. You get 1055 bitcoins of debt with B. Debt with A is now 0. You get 9% of 1055 bitcoins because A timed sale before dividend payment from B, so about 95 bitcoins.

So at this point now, you have made 95 bitcoins on investment of 1100 bitcoins? 95 bitcoins that came from B.

Later, B says he will not pay dividends. No future income.

What is debt with B worth? Is it 1100 - 95 bitcoins? 1055 - 95 bitcoins? 1100 bitcoins? 1055 bitcoins?

Maybe better in dollars, so you don't get too attached to fake profits. I am still confused by you. I am still not sure how this is not scam.

Trust No One!

Thank you.

No, i did not made 9%. The 9% is the difference. Instead of imsaguy paying INAU, imsaguy paid me directly.
The investment/debt with imsaguy is 1054.