Gene Steinberg's Financial Shenanigans @ Paracast forums

GhostofBiedny

Celestial
The only footsteps Randalbot is following are those of his master Lord Gene of Scamberg (who also holds the official title of Master Turd of Turdbury). The idea that he thinks he can compare to Biedny is laughable. Randal couldn't argue his way out of a wet paper bag.

The only way he can engage in any kind of discussion is by editing other people's comments, locking threads and if all else fails snitching to the master (who then nukes the whole thread).

It is amazing that these two clueless unemployed windbags have found each other in a kind of "folie a deux" of idiocy where each enhances the stupidity of the other.

Never have two egos been so convinced of their own greatness and so blind to their own mental deficiency. I fully expect that when Gene dies Randal will completely replace him - begging, grifting and all.

True stupidity never dies, it just infects other people.
 

Ritzy

Super Novice
The only footsteps Randalbot is following are those of his master Lord Gene of Scamberg (who also holds the official title of Master Turd of Turdbury). The idea that he thinks he can compare to Biedny is laughable. Randal couldn't argue his way out of a wet paper bag.

The only way he can engage in any kind of discussion is by editing other people's comments, locking threads and if all else fails snitching to the master (who then nukes the whole thread).

It is amazing that these two clueless unemployed windbags have found each other in a kind of "folie a deux" of idiocy where each enhances the stupidity of the other.

Never have two egos been so convinced of their own greatness and so blind to their own mental deficiency. I fully expect that when Gene dies Randal will completely replace him - begging, grifting and all.

True stupidity never dies, it just infects other people.
It’s very weird how jrm insists on repeatedly, by name, comparing himself to David Biedny.
 

Trevor Hill

Honorable
20190218_223207.png This looks like it may be in a hotel entrance or diner. Pretty nice for a rundown slumlord hotel.. And if its not, then its a restaurant.. And we know Gene cant afford restaurants, right??
 

pigfarmer

tall, thin, irritable
It looks as if TDSR is using the Paracast forum as a free billboard. Well done! The website he is promoting is basically garbage however. I wouldn't waste 5 minutes of my time there.

I'd give it some of my time to see what has been said about taking potshots at ET. Maybe I could work up a good wildcat load for that. Be something interesting for me to add to other forums I participate in ........ nobody's got one of those
 

GhostofBiedny

Celestial
Yeah. 2008. But the financial woes and joblessness and wasting money had well and truely started.

At that point it was just before he had started begging using the Paracast Newsletter list with his claims of emergencies and imminent destitution. He was already begging other people using email (going back to 2004) and was begging his guests on the show behind the scenes.

Ironically at the same time, I also remember him bragging about how he had bought a top end Mac Pro with lots of options (at least $5K) and also the new Apple 30 inch monitor (which cost as much as a high end desktop/laptop on it's own - a real extravagance).

He was also bragging about having a brand new Iphone which was still rare at the time and way more expensive than any other phone that you could get.

All this while he was begging people all over the place for money because he was in great financial difficulty.

It seems nothing has changed in his attitude to spending.

Hey Gene it doesn't count as financial difficulty if you keep causing it by spending money on things you can't afford.

The rest of us have to live within our means, yet you expect us to subsidise you living beyond yours again and again - and then you wonder why we all think you are such a turd.
 

The shadow

The shadow knows!
this post from trail is spot on!


AnonymousFebruary 17, 2019 at 8:36 PM
So the new store is down, perhaps it didn't make enough money for shopifys monthly rent fee.

He would probably get more value out of it being down and using that to solicit donations, than any sales if any at all it might make.

The business model was all wrong anyway. High profit margins only work if the supply is low, and the demand is high.
A dynamic he can see in motel prices right now.

The items he was selling at profit margins much greater than even the original manufacturer is making , are all high supply items thanks to internet shopping. Gone are the days when yours was the only shop on high street selling a popular item.
When demand is high for an item in low supply, then yes you can charge extra for it.
No one is going to pay a 30 dollar premium on a 10 dollar phone cover. Did he really think he could make 3 times the profit the actual manufacturer does, for doing absolutely nothing ?
Nor can the volume over margin model work for him since he has virtually no audience.

Anders works for Shopify, Its his job to sell these stores to ppl like Gene and take their cut/store rental.

Perhaps the store is down because they have seen the first months sales or rather total lack of them and figured out he has no audience/customer base.

But the sales model that works in the internet age is to sell 100 items at 2 dollars profit a pop, rather than sell a single item at 200 dollars profit, The latter being the pricing model they are using.

All his store is doing is providing free advertising for those products.

People will always look for the cheapest price on any given product. You could write a book on the ways people game the system on Ebay to get their listings higher up the chain of the "cheapest first" filters.

So the stores will never work, High profit margins over sales volume doesn't work in online retail, where the exact same product for a better price is just a few clicks away. Nor can Volume over margin work because he has no audience/customers in sufficient numbers to make those sales

Naturally he will blame the stalkers and the haters for this failure instead of realizing this get rich scheme was never going to fly in the first place.

As for a paracast store, what he going to sell ? Inflatable alien toys and ghostbuster merch ?
And again little to no audience/customer base.

He can make more money begging, than he will these stores, Their failure at the hands of the haters will at least be a new plot device to elicit sympathy
 
I'd give it some of my time to see what has been said about taking potshots at ET. Maybe I could work up a good wildcat load for that. Be something interesting for me to add to other forums I participate in ........ nobody's got one of those
Got to give them credit for finding a topic well off the beaten path. I'm looking forward to hearing how it turned out.

It just seems like shooting at aliens would only piss them off, but what do I know?
 
As for a paracast store, what he going to sell ? Inflatable alien toys and ghostbuster merch ?
And again little to no audience/customer base.

Maybe some T shirts with "Enabler" printed on the front. The back would say "Part of the problem". Another design could say "Sucker" on the front.

$60 each or two for $150, plus $27.99 shipping.
 
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