Quote from: Ascension on June 22, 2014, 12:29:54 AM

It is impossible, due to logistics, to instantly convert/maintain all funds in bitcoins.

I didn't suggest you keep all funds in bitcoins. I said you keep a constant amount of bitcoins in addition to FIAT. You are proving my point again. No one who runs arbitrage business is that retarded.

Quote from: Ascension on June 22, 2014, 12:29:54 AM

We did not receive a salary for any of the time we invested into btcQuick and we plan on returning everything that we have back.

Liar.

Quote from: Ascension on March 27, 2013, 08:23:47 PM

20% of funds raised from shares after the first batch will go to the current issuer for the hard work, time, effort and success of btcQuick.
The remaining 80% will be added to the inventory cycle.

Hard work and time and success. Can you believe this? He took our bitcoins in his scam operation and called it success. It was a success to you, not to your investors. We lost almost all bitcoins we gave you.

Quote from: wisard on March 28, 2013, 08:00:46 AM

Just some calculations, please correct any errors.

By 31 March, total BTC to be raised:
Early bird: 500BTC
Second batch: 750 BTC
Third batch: 1125BTC

Total: 2375BTC

Out of which, 300BTC will be used to pay back a loan.
375BTC will go to you - the owner / promoter - for hard work, time and effort.

Total inventory: 1700BTC.
This inventory increases by 1200BTC if you sell forth batch of shares too.

You took almost 2400BTC from investors. 300BTC to pay back a personal loan. 375BTC for "the hard work". The rest is 1700BTC is inventory that was supposed to be rotated. Of course you had to convert some part to FIAT to keep at exchange to buy bitcoins the moment they were sold. But the price was quite stable for few month and total inventory could be again 1700BTC after some time.

Don't act like this "proposal" is something really new and you could never understand it. It's all very simple. Bitcoins get more expensive. You lose everything eventually without keeping constant amount of bitcoins. Stop saying it couldn't work like this. You can make arbitrage business run with 10 bucks. So stop all these lies.

You took 300+375BTC for "work" of scamming us. You stole then all of 1700BTC of rotating inventory. Just give it back, you don't deserve a cent.