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Cashtanker - Cashtanker.com, 2-3% daily - LR
Second Life
post Jan 3 2010, 09:05 AM
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QUOTE (MakeMoneyStuff @ Jan 2 2010, 05:48 PM) *
If you feel comfortable to assume calcualtions are based on nothing that's up to you. I don't shoot in the dark because I prefer to analyze and learn from the past experience. I didn't claim that what I posted must be dogma to follow further. It was my explanation why it was just possible to avoid severe loses in the end which was quite predictable.

Umbertino, do you have any idea what 80/20 rule is and why intelligent scammers take good advantage of it?


I do believe that other factors need to be taken into consideration also apart from this.


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umbertino49
post Jan 3 2010, 09:53 AM
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QUOTE (MakeMoneyStuff @ Jan 3 2010, 03:47 AM) *
My first phrase was referred to Veyron, not you. I just hate posts like "BS" with no grounds or explanations.

I appreciate you respect my point of view. But I'd stick to my words that strategy and experience take advantage over luck. Likewise poker if you play wisely and take bad luck as a temporary factor you will be making money in the end wink.gif

I know your 1st post was aimed at Veyron and not me. I responded to the one aimed at me.Again, I respect your point of view. I tried to explain the way I see things from my perspective.Best..
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killz23
post Jan 3 2010, 11:58 AM
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QUOTE (MakeMoneyStuff @ Jan 2 2010, 06:47 PM) *
My first phrase was referred to Veyron, not you. I just hate posts like "BS" with no grounds or explanations.

I appreciate you respect my point of view. But I'd stick to my words that strategy and experience take advantage over luck. Likewise poker if you play wisely and take bad luck as a temporary factor you will be making money in the end wink.gif


I see, I agree what you're saying actually.. I think what you're suggesting contradicts with umbertino's idea of unreliable admins in that you believe if we play by the rules you suggested, we will eventually earn in the end. The key word here is: in the end.
QUOTE (Second Life @ Jan 3 2010, 09:05 AM) *
I do believe that other factors need to be taken into consideration also apart from this.

Exactly..Many factors could play out in the game of HYIP..

QUOTE (umbertino49 @ Jan 3 2010, 09:53 AM) *
I know your 1st post was aimed at Veyron and not me. I responded to the one aimed at me.Again, I respect your point of view. I tried to explain the way I see things from my perspective.Best..


I'm glad to see such mature and sensible member hanging around MMG, creating a very amiable environment for everyone to express their views..


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MakeMoneyStuff
post Jan 3 2010, 02:11 PM
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QUOTE (Second Life @ Jan 3 2010, 09:05 AM) *
I do believe that other factors need to be taken into consideration also apart from this.


Well, I gave a short explanation of them concerning CT in previous post.

My sincere regards to all of you for your appreciation wink.gif





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umbertino49
post Jan 3 2010, 03:29 PM
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QUOTE (MakeMoneyStuff @ Jan 3 2010, 11:11 PM) *
Well, I gave a short explanation of them concerning CT in previous post.

My sincere regards to all of you for your appreciation wink.gif

Well, personally I always like and try learning so thank you for your interesting input. Appreciated. Best to you.
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umbertino49
post Jan 3 2010, 03:32 PM
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Quote
I'm glad to see such mature and sensible member hanging around MMG, creating a very amiable environment for everyone to express their views..
End Quote
Since I don't you that well yet, I have no way of knowing if you're being sincere or sarcastic in this post of yours. I hope the latter, of course...
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realdoub
post Jan 4 2010, 03:38 AM
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cashtanker tanked damn


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Second Life
post Jan 4 2010, 02:45 PM
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QUOTE (umbertino49 @ Jan 3 2010, 08:32 PM) *
Quote
I'm glad to see such mature and sensible member hanging around MMG, creating a very amiable environment for everyone to express their views..
End Quote
Since I don't you that well yet, I have no way of knowing if you're being sincere or sarcastic in this post of yours. I hope the latter, of course...



I'm sure it was sarcasm and I think his post was actually directed to MMStuff.


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umbertino49
post Jan 4 2010, 03:12 PM
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QUOTE (Second Life @ Jan 4 2010, 11:45 PM) *
I'm sure it was sarcasm and I think his post was actually directed to MMStuff.

Oh, but that comment was right after reporting something I had written..........

This post has been edited by umbertino49: Jan 4 2010, 03:13 PM
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mrx666
post Jan 5 2010, 10:11 PM
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He reported you?? Why, there wasn`t anything in your post that was bad!! Are you sure he did?
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umbertino49
post Jan 6 2010, 08:10 AM
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QUOTE (mrx666 @ Jan 6 2010, 07:11 AM) *
He reported you?? Why, there wasn`t anything in your post that was bad!! Are you sure he did?

No, I meant that his comment was written after showing my post,in his reply.So I thought his comment was addressed at me.

This post has been edited by umbertino49: Jan 6 2010, 08:12 AM
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Veyron
post Jan 15 2010, 06:26 PM
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QUOTE (MakeMoneyStuff @ Jan 2 2010, 07:47 PM) *
My first phrase was referred to Veyron, not you. I just hate posts like "BS" with no grounds or explanations.

I appreciate you respect my point of view. But I'd stick to my words that strategy and experience take advantage over luck. Likewise poker if you play wisely and take bad luck as a temporary factor you will be making money in the end ; )


Well, it's fortunate that I wandered in here and found you talking about my post...

Let's take a look at it, since you seem to be bothered by what I said...

QUOTE (Veyron @ Jan 2 2010, 12:16 AM) *
QUOTE (MakeMoneyStuff @ Jan 1 2010, 08:41 PM) *

QUOTE (mrx666 @ Jan 1 2010, 05:42 PM) *

MakeMoneyStuff, would you please explain what you meant by the following statement:

And it is about math to calculate some turning points at which a hyip is about to collapse or prosper. CT was the exact and even example.

How to you use math to calculate some turning points of a HYIP? How was CT the exact and even example?

I wouldn't deeply go into my personal math but it's quite simple in general. CT wasn't a state of the art hyip, just a cheap Christian concept plus some aggressive advertising to sustain 2% interest. By the time December started CT had already been running almost for 4 months which means 120 days which means approximate paid out's like 200% minimum. Plus enormous advertising costs which slightly were cut down as December was going to the middle. That was the sign Sam broke 80/20 proportion and was heading to the entrance. If it hadn't been for Christmas and new year he might have kept a break even point for some time more whereas new "christians" would afford that. Besides uncle Sam was not much talkative and polite in his replies as he used to be in the beginning, but that's what I refer to psychology.


IOW: B__ S__


First of all, you could have much more valid points in mind than what comes across in your words, as your grammar and spelling leave something to be desired. IOW, what the words literally say is ambiguous, and easily misunderstood. What the reader thinks you are saying and what you are trying to say could be two different things. That's why precision in grammar, etc., is important.

The fact is, that as far back as October I could see there was a serious problem with CashTanker. I kept thinking how could Sam expect to pay out everyone their principal on Christmas Day? So I sent him an email, and he answered me. He said that everyone would get their principal back the day after Christmas. The obvious question then would be (and it was, in fact) to me, "If Sam is willing to tell me that by private email, why is he not saying it to everyone on the website?"

That's when I made my plan, and I stuck to it. I didn't wait for December and analyze his psychology. By then it would be too late. The math is very simple. You don't need anything abstract or analytical. I merely computed how many days it would take me to get all my principal out by 2% daily interest, such that I would be clear by the beginning of December. The reason I picked that time was, that back in October it was evident that some manner of problem was certain to erupt in December when a growing percentage of the members become aware of the inherent difficulty Sam was going to face come Christmas payout. I actually did not anticipate the SP issue that would actually take place.

Once I knew how many days I would need, then I knew what the last day would be beyond which I could not afford to deposit any more, lest my recovery of my principal would be short. When that day came, I made no more deposits. I turned compounding off, and I withdrew all my interest. By the end of November, I had one referral whose deposits made my schedule accelerate, and put me in profit immediately. The next week is when he disseminated his famous back tracking red flag email:

QUOTE (Sam Serino on 12-7-2009)
My Dear Investors!

Last days I am experience a problem with huge amounts to withdraw
using e-currency processors. Telling the truth I was not prepared
for such large transactions and exchangers cannot process my orders in
time. I was thinking this weekend what should I do and prayed the
Lord to give me an answer.

Your accounts started from today (Monday) are credited with interest payments
till 25th of December 2009. You may see that you have all your funds
at Cash Available (pending withdrawals returned). From this moment I
would like you to order withdrawals and ALL of them will be processed
from 20th - 25th of December 2009 and will be COMPLETED this year.
I strongly recommend to order withdrawal via Bank wire.
All new deposits and reinvested will be credited and interest will be
compounded.

And now I will be thinking how to organize CashTanker for the next year.

IMPORTANT: Please do not send support tickets to Strictpay, I don't
have any issues with my account right now

With God's help, we can overcome anything
Sam Serino


Question: Why do you suppose he was asking us not to send support tickets to SP?

Answer: The more questions SP would get, the faster his funds would be frozen there, and he wanted to get out as much as he could before that happened.

I was quite lucky to make it out in time. I would attribute my success to a combination of luck, simple math, some experience, and a touch of intuition, for it was essential that the correct course be set well before November. It takes 50 days for 2% interest to repay a deposit. And CT only counted interest on week days. Counting backwards, therefore, anyone who made a single deposit after October 16th would be unable to recover their principal by December 24th.

But since problems were likely in December, as I explained above, we would have been prudent to make no more deposits after September, and turn compounding off, so as to achieve recovery of principal by early December.

As it was, the moment Sam made that switch, announced by his email, above, it was too late. That was December 7th, "A date that will live in infamy," and at that time, everyone who had not withdrawn all their principal, or more, would be losers at CashTanker.

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