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Showing 9 of 9 results by JMack3000ad
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Re: Invest in Sweeet | First Legit Investor-Plan (Closed)
by
JMack3000ad
on 08/12/2017, 23:22:24 UTC
As an update, I believe I found a new method that would be similar in profits yet wouldn't require bank transfers nor Paypal, if so I will be able to make repayments right away and also would be able to profit x10 faster at lower volumes. I will let you know if I start doing this and am successful.

Good news indeed  Smiley
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 03/12/2017, 17:06:24 UTC
Hi Sweeet, appreciate you being so honest about the current situation and updating us.  Like others have said, my understanding when investing was that it was based on trading of gift cards with BTC, if the truth had been explained upfront (high risk gambling) then I would not have invested. Still, what is done is done. As Hracick mentions, BTC's price is volatile as we know, personally I think it is going to continue to increase, maybe it is feasible to pay back small investors in BTC based on today's price but larger investors such as myself who you plan to repay in the future, probably better if we fix it at the BTC price when we invested or it's going to spiral out of control.

Also, ideally we would be paid back in our native currencies (GBP for me) don't know how feasible this would be. I don't think you are a scammer as some have suggested in this thread, just someone who made some (ill-advised) moves that went very wrong. Some people will say your repayment scheme resembles a ponzi though (the early contributors benefit from the later contributor's funds), except here the personal amount staked and the fact that the collective pool of money is virtually gone now makes it a bit of a moot point at this stage. I am in the worst position, largest stake and 2nd last to enter the plan. The amount I am out of pocket by versus the remaining funds you have mean any contribution you could make now is largely pointless. Like everyone, I would like my money as soon as possible but taking into account the situation and your personal predicament I am prepared to wait.
Up until this moment did I ever gamble with investors money, although I did do margin trades which none were done with investors funds except for the one margin trade that took such a big loss that it burned through my personal funds and into the investors funds. Still with that being said it was not ok, I still do not feel comfortable with it, and I will probably not being accepting anymore investments after I have repaid everyone. If you agree to lock your BTC to the USD value at the time it was sent which is: $5341 I am very willing to do this. I don't think it is fair to do this unless that person who invested is ok with it. Whether the value is higher or lower.

I am OK with this.
Ok I will repay the value of $5431 in bitcoin once I have the funds to repay.

You can do it in installments if easier.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 03/12/2017, 16:57:25 UTC
Hi Sweeet, appreciate you being so honest about the current situation and updating us.  Like others have said, my understanding when investing was that it was based on trading of gift cards with BTC, if the truth had been explained upfront (high risk gambling) then I would not have invested. Still, what is done is done. As Hracick mentions, BTC's price is volatile as we know, personally I think it is going to continue to increase, maybe it is feasible to pay back small investors in BTC based on today's price but larger investors such as myself who you plan to repay in the future, probably better if we fix it at the BTC price when we invested or it's going to spiral out of control.

Also, ideally we would be paid back in our native currencies (GBP for me) don't know how feasible this would be. I don't think you are a scammer as some have suggested in this thread, just someone who made some (ill-advised) moves that went very wrong. Some people will say your repayment scheme resembles a ponzi though (the early contributors benefit from the later contributor's funds), except here the personal amount staked and the fact that the collective pool of money is virtually gone now makes it a bit of a moot point at this stage. I am in the worst position, largest stake and 2nd last to enter the plan. The amount I am out of pocket by versus the remaining funds you have mean any contribution you could make now is largely pointless. Like everyone, I would like my money as soon as possible but taking into account the situation and your personal predicament I am prepared to wait.
Up until this moment did I ever gamble with investors money, although I did do margin trades which none were done with investors funds except for the one margin trade that took such a big loss that it burned through my personal funds and into the investors funds. Still with that being said it was not ok, I still do not feel comfortable with it, and I will probably not being accepting anymore investments after I have repaid everyone. If you agree to lock your BTC to the USD value at the time it was sent which is: $5341 I am very willing to do this. I don't think it is fair to do this unless that person who invested is ok with it. Whether the value is higher or lower.

I am OK with this.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 03/12/2017, 16:45:47 UTC
Hi Sweeet, appreciate you being so honest about the current situation and updating us.  Like others have said, my understanding when investing was that it was based on trading of gift cards with BTC, if the truth had been explained upfront (high risk gambling) then I would not have invested. Still, what is done is done. As Hracick mentions, BTC's price is volatile as we know, personally I think it is going to continue to increase, maybe it is feasible to pay back small investors in BTC based on today's price but larger investors such as myself who you plan to repay in the future, probably better if we fix it at the BTC price when we invested or it's going to spiral out of control.

Also, ideally we would be paid back in our native currencies (GBP for me) don't know how feasible this would be. I don't think you are a scammer as some have suggested in this thread, just someone who made some (ill-advised) moves that went very wrong. Some people will say your repayment scheme resembles a ponzi though (the early contributors benefit from the later contributor's funds), except here the personal amount staked and the fact that the collective pool of money is virtually gone now makes it a bit of a moot point at this stage. I am in the worst position, largest stake and 2nd last to enter the plan. The amount I am out of pocket by versus the remaining funds you have mean any contribution you could make now is largely pointless. Like everyone, I would like my money as soon as possible but taking into account the situation and your personal predicament I am prepared to wait.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 02/12/2017, 20:08:02 UTC
I woke up this morning to the terrifying message that my Paypal account is being permanently closed, without explanation or reason. It said: "At PayPal, we value a safe community for our customers to do business. We noticed activity in your account that’s inconsistent with our User Agreement and we no longer offer you PayPal services." Also: "Any money in your balance will be held for 180 days, after which we’ll send you an email with instructions about transferring your money." Luckily there is only about $800 on the paypal.

Even worse I am still at a debt to repaying all of your investments due to my margin trading losses. I now no way to grow the funds. I don't know how I will come up with the money yet, I need to find a new payment processor. For now expect possible late repayments, partial payments, and all repayments will have to interest less unfortunately. If anyone has any information of services like Paypal for receiving payments please contact me. Also I will not be taken any further investments until this is sorted.


Im extremely sorry to put everyone in this position.

Payeer seem to be a good cryptocurrency acceptor for transferring funds (I think they accept US$ and € at least along with bitcoin and conversions (but these conversions might be slow)...

Providing I get my 0.2BTC back, I don't particularly care when it is (if you can pay everyone else back with the funds you have then do that and wait until you're more financially stable to repay me).


you should have learned your lesson about margin trading since the 3.5k initial loss.
That is very kind of you. However, I'm happy to only get 95% of my investments back and take the rest as just a loss, meaning everyone can get something back.

Personally I'm just praying we ever see Sweet again - because the money I gave to him was my funds to pay for living whilst at college. I'm not angry, because I guess you can't risk what you're not prepared to lose.

Just a kick in the teeth, eh?  Undecided

Like I expected, it seems like you and a few others would need the money faster than me and have a better priority in getting it.
Sweet, if you need the 180+ days to collect the funds for me and can pay everyone else much faster then do it as I see you're quite honest and my investment is the largest on the sheet.
(Just seriously stop margin trading).

Jack, you are incorrect in saying your 0.2 BTC is the largest invested, I invested 0.5 BTC.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 02/12/2017, 12:22:56 UTC
very sad to hear that.
i am completly ok with zero interest.
i would repay to investors what you can repay (everyone the same % of course).
for the rest we will have to be patient.

thanks for the honest feedback so far.

I echo these sentiments, a partial payment to start with (% based) would give reassurence on receiving the remainder at some future date. Personally, if this future date is a while in the future I am ok with that, I realise others' situations vary. I think at this point no one is thinking about the interest just in getting back what they put in initially in good faith. Also, I don't know if you are currently holding BTC or fiat but if holding fiat with the intent to purchase BTC then there is the risk BTC rises in the meantime (likely imo) then it is going to be even more difficult to honour the initial BTC investments. Either way, appreciate your honesty even if the current situation is less than ideal.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 02/12/2017, 07:12:54 UTC
It is more than a couple of thousand Hracik, I invested 0.5 BTC (more fool me) which is 5500 USD with BTC price today. I hope the plan is to fairly repay people as I imagine my contribution could pay back you smaller investors in full (which wouldn't be fair)
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 02/12/2017, 05:13:17 UTC
Oh man, this is terrible news.What's your plan for going forward? I fear the price of BTC will appreciate too making it more expensive to repay investors.
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Re: Invest in Sweeet | First Legit Investor-Plan
by
JMack3000ad
on 29/11/2017, 10:03:35 UTC
Deposit Amount:[0.5]
Repayment Adress:[14KgA9sXZXykZRFokCRRtqG4APpMv8UBe2]
TXID:[a6ffee17bca0304e8422cfc56a2db047c7072119c9d592c165f0c2d56842fb27]
Days Investing:[21]