Bitcoin Forum

19:53 <[\\\]> hey pirateat40, thanks for the payout!
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19:57 <bdcs> <[\\\]> hey pirateat40, thanks for the payout! <---- for real?
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19:57 <[\\\]> bdcs: no.

23:05 <pirateat40> It just proves in this community it doesn't matter what you say, there are always people willing to come up with everything to prove you're lying.
23:05 <pirateat40> And in a small finance market it makes it worse, cause they can induce panic.
23:06 <EmanuelDeOrtego> pirateat40: lol bitlane
23:07 <nathanghart> I thought you wanted a bit of panic, pirate?
23:07 <sharpfocus> pirateat40, it's only getting worse
23:07 <sharpfocus> people think it's intelligent to raise confirmation bias to their own idiocy
23:07 <pirateat40> nathanghart, nope just another piece of FUD that was feed to you at some point.
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23:08 <ultramancool> pirateat40: still, think about what you're offering and tell me you wouldn't have the first suspicion of a ponzi scheme or similar. not saying you are, not saying you aren't, just saying there's good reason to hold suspicion.
23:09 <mb300sd-bot> i'd rather not ignore something that could possibly effect the market, even if they are annoying
23:10 <mb300sd-bot> i'd ignore all of team ponzi, but they do have the effect of inducing panic
23:10 <aq83> pirateat40: so what can be done to transform this small finance market into a much bigger one?
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23:10 <pirateat40> ultramancool, trust me, I know exactly what things looked like from the outside, but it did allow me to find out who my real friends were. :)
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23:11 <reeses> mb300sd-bot: it made people scared enough to sell their accounts at a discount
23:11 <pirateat40> aq83, just more money which adds more liquidity on the market, which overall adds stability.
23:12 <ultramancool> aq83: would probably help if we had more transparent investments ;p
23:12 <bitfoo> pirateat40: I'm afraid the shutdown of your operation will reduce liquidity on the market, might this be true?
23:12 <pirateat40> ultramancool, investments in bitcoin will never really take off due to it not being regulated.
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23:13 <ultramancool> pirateat40: hmm, why does that prevent it from taking off? too much scam risk?
23:13 <Yahkin> The more transparent the transactions, the less risk that will be taken so that investors are not scared away.
23:13 <aq83> pirateat40, so I guess we need to somehow attract the big money
23:13 <uw> hmmm i'm not sure what to make of that real friends comment.  Does that mean you got screwed somehow in your investement by someone who you considered a friend?
23:13 <Swashy> pirateat40: Does things progressing slower than expected change your repayment timeline at all?
23:13 <pirateat40> Real investors with real money need accountability.
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23:14 <p0pcorn> Madoff, Stanford, Worldcom CEO, Enron, ZeekRewards all in USD
23:14 <p0pcorn> regulation isn't the be all end all
23:14 <reeses> straw man
23:14 <sharpfocus> I've handed my money over to accountable people and they still lost it
23:14 <p0pcorn> I'm just pointing out a regulated market does not eliminate risks
23:14 <EmanuelDeOrtego> Swashy, you're back too soon.
23:15 <pirateat40> Swashy, not thus far, if things don't progress in the next 12-14 hours I'll let everyone know.
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23:15 <cr4zywork> pirateat40: Do you have any insight on the repayment schedule, such as are you setting up some automatic system that'll be repaying a lot of people at once, or will it just be a continual trickle until it's done?
23:15 <p0pcorn> at least not any of the regulation that actually occurs in markets to date
23:15 <Anduck> pirateat40: wanna light us what things?
23:15 <ultramancool> I think more transparency would help, if it were present I'd have been very intersted in BTCST... as of now I'm a few BTC against pirateat40 just because that was my gut feeling. I'm not on the forums ranting about how he's a scammer, but I just couldn't shake the feeling.
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23:16 <mb300sd-bot> far more worried about getting my coins to market the moment pirate pays than wheather he will pay or not
23:16 <ultramancool> mb300sd-bot: do a deposit now then ;p
23:16 <mb300sd-bot> i have nothing left to deposit
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23:16 <pirateat40> cr4zywork, I can't really comment on which accounts will be paid in which order. :(
23:17 <EmanuelDeOrtego> Hint: If you're not in the in-crowd, you're just not in the in-crowd.
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23:17 <JWU_42> P - just seeing some get paid has taken some froth out of the market
23:17 <patrickharnett> transparency and light-handed regulation (formed as a club) is one of the first steps in the market evolution
23:17 <cr4zywork> pirateat40: I was more currious about the frequency of payments rather than the order
23:17 <uw> cr4zywork, if you have to ask, you're probably last (like the rest of us)
23:17 <uw> if ever
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23:17 <p0pcorn> tbh, this is why I went through a passthrough and I sold off my shares at 90% face value after collecting interest for quite a while. Worked out alright for me, thanks Pirateat40
23:18 <ultramancool> p0pcorn: yeah, that's probably the smart move.
23:18 <pirateat40> ultramancool, only because of past performance (or trust) but legally with it being an unregulated asset at least in the US, anyone could just run with the money and never heard of again.

22:36 -!- pirateat40 is now known as steamship
22:36 <Sp0tter> a drunk crew, sails happy and true!
22:37 <ThomasV> here is mr bipolar again
22:37 <Mqrius> Ohai steamship! Long time no see
22:37 <steamship> Hello
22:37 <ThomasV> steamship: don't say hello, say 'HOW ARE YOU GENTLEMEN'
22:38 <steamship> How are you gentlemen(?)
22:38 <[\\\]> broke!
22:38 <Mqrius> IT IS YOU
22:38 <sharpfocus> good, thanks for asking
22:38 <ThomasV> nah, capitalized
22:38 <steamship> ThomasV: I don't want to get banned for screaming.
22:38 <[\\\]> imsaguy2 doesn't do actions on ops
22:38 <johan-_-> What you say!
22:38 <Sp0tter> Mqrius: reminds me of starwars.. where he says "R2D2 it is you!"
22:39 <Sp0tter> in the jaba transport thing
22:39 <ThomasV> lol. you'll be the last one to be banned from here I guess
22:39 -!- mode/#btcst [-o steamship] by ChanServ
22:39 <runlinux> oh
22:39 <[\\\]> uh oh, now he's imsaguy2 fairgame
22:39 <sharpfocus> steamship, do you 'know'?
22:39 <[\\\]> sharpfocus, do you?
22:40 <[\\\]> if you don't, he doesn't.
22:40 <steamship> sharpfocus: working on it.

01:56 -!- steamship is now known as pirateat40
01:56 <_matthew_> Howdy pirate
01:56 <[\\\]> he's here!
01:56 -!- mode/#btcst [+o pirateat40] by ChanServ
01:56 <johnthedong> howdy man
01:56 <runlinux> good evening!
01:56 <pirateat40> Hey guys
01:56 <johnthedong> we sure missed ya
01:56 <_matthew_> Or I should say "Ahoy"
01:56 <bitfoo> hey pirate
01:56 <[\\\]> ooh
01:57  * johnthedong hears mah music
01:57 <[\\\]> the ;;seen has been updated
01:57 <Jackmaninov> sup brosauce
01:57 <runlinux> i picked the perfect time to come back!
01:57 <Ignatius-otc> I lost 1 btc, you spoke again:)
01:57 <[\\\]> we can rejoice
01:57 <Blitzboom> hail pirateat40
01:57 <Internet151> hi pirate
01:57 <Gladamas> PIRATE!
01:57 <bitfoo> you just woke up the dead :)
01:57 <Gladamas> All bow down to great pirate
01:57  * _matthew_ sorry
01:57 <_matthew_> Didn't mean to wake up the dead.
01:57 <Jackmaninov> pirateat40: what's good? what's really good?
01:58 <Gladamas> Pirateat40 you know what someone is eventually going to ask... so can you answer it?
01:58 <_matthew_> lol
01:58 <bitfoo> haha
01:58 <patrickharnett> Starfish waves to Pirate
01:58 <johnthedong> pirateat40: we're just bursting from the prospect of new news
01:58 <_matthew_> We're all holding back.
01:58 <johnthedong> spill the beans man
01:58 <_matthew_> ...our raging boners
01:58  * johnthedong swoons
01:58 <[\\\]> I'm not.
01:58 <_matthew_> Rather, boredners
01:58 -!- Blitzboom is now known as frigate
01:58 <sgravina> pirateat40:  Hi from me.  You made me a small amount of money a while ago.  Could you do it again.
01:58 <frigate> we all need to be ships now
01:59 -!- _matthew_ is now known as tugboat
01:59 <Jackmaninov> sgravina: lol
01:59 <frigate> AHOI
01:59 <copumpkin> okay, so I propose a mass fellation
01:59 -!- jimbit is now known as yacht
01:59 -!- tugboat is now known as tug-boat
01:59 <copumpkin> who's first to suck on pirate?
01:59 -!- Forexmasterja is now known as BlackStarliner
01:59 <Jackmaninov> i bet pirate never gets tired of his fanbois :)
01:59 <copumpkin> get in line
01:59 <frigate> copumpkin: i can't hear you over the clashing of the waves
01:59  * tug-boat toooot tooooot
01:59 <Benchvark> Shhht, don't say anything, pirate.
01:59 <copumpkin> alright, frigate can go first
01:59 <[\\\]> Jackmaninov, the passive-aggressiveness does grow old.
02:00 <Chaang-Noi> morning all
02:00 <MoPac> Morning goat
02:00 <johnthedong> morning
02:00 <frigate> hello mortal
02:00 <copumpkin> <pirateat40> if you want your bitcoins, copumpkin has them all. Leave me alone and go bug him!
02:00  * tug-boat hooks himself to Pirateat40 and slowly pulls him into the chatroom
02:00 <frigate> everyone aboard the frigate
02:00 <copumpkin> fuck
02:00 <[\\\]> yay!
02:01 <tug-boat> copumpkin: Wheredeyat?
02:01  * johnthedong boards the frigate.
02:01 <Chaang-Noi> lol copumpkin
02:01 <copumpkin> I'm about to buy the largest bag of weed you've ever seen
02:01 <Gladamas> copumpkin: Gimme gimme gimme
02:01 <copumpkin> on SR
02:01 <johnthedong> frigate bring meh to pirate!
02:01 <frigate> we are about to sail for pirate island
02:01 <Chaang-Noi> i wanta get sooooo high!
02:01 <frigate> with loads of rum and bitcoins
02:01 <copumpkin> and a gallon of acid
02:01 <copumpkin> A GALLON OF ACID
02:01 <timesign> yo ho ho
02:01 <copumpkin> that shit is expensive
02:01 <scottjp> lets just have a holiday!
02:01 <johnthedong> copumpkin: you mean the actual acid or the expensive variant
02:01 <johnthedong> lol
02:02 <Jackmaninov> scottjp: debt jubilee!
02:02 <copumpkin> LSD
02:02 <scottjp> :D
02:02 <johnthedong> lol
02:02 <BTCHero> [[/[.
02:02 <johnthedong> that's the expensive variant.
02:02 <sgravina> With the vinegar in mayonnaise over the course of a few months you could consume a gallon of acid.
02:02 <copumpkin> just a tad
02:02 -!- frigate is now known as submarine
02:03 <pirateat40> I'd just like to say, I never expected all this madness when I shutdown BS&T.  It's been a lot more work than I could have even thought and I simply messed up. In hindsight, I shouldn't have stopped things so suddenly. Although it was nice to finally get some sleep, things have been spiraling out of control this week and pushing my personal deadlines.
02:04 <sgravina> The normal human stomach makes about a gallon of Hydrochloric Acid each day.
02:04 -!- submarine is now known as Blitzboom
02:04 -!- mode/#btcst [+o copumpkin] by ChanServ
02:04 -!- mode/#btcst [+m ] by copumpkin
02:04 -!- mode/#btcst [-o copumpkin] by copumpkin
02:05 -!- mode/#btcst [+z ] by [\\\]
02:05 -!- mode/#btcst [+o copumpkin] by ChanServ
02:05 <[\\\]> only ops can see non-voiced messages
02:06 <pirateat40> At this point and in an attempt to stop the bleeding (interest) I'm going to be forced to payout everyone at once, which I'm sure will piss off enough people to counter the lack of payouts but I don't see any other way of handling this.
02:06 -!- mode/#btcst [-z ] by [\\\]
02:06 <[\\\]> that was a mistake
02:06 -!- yacht is now known as jimbit
02:06 -!- tug-boat is now known as _matthew_
02:07 -!- BlackStarliner is now known as couldntyoujustta
02:07 -!- couldntyoujustta is now known as VeryInterestign
02:08 -!- VeryInterestign was kicked from #btcst by [\\\] [STOP]
02:08 -!- mode/#btcst [+b *!*RastaAssa@108.171.122.220] by midnightmagic
02:09 <Keefe> pirateat40: "payout everyone at once" = wait until you have all the coins available at once, instead of paying out slowly as you can?
02:09 <pirateat40> My concern is not "winning" the bet as much as it is "donating" the winnings.  With the events of this week causing delays, 5K worth of coins is a piece of sand compared to the amount of money I'm losing every hour.
02:11 <[\\\]> Pirate: two questions posed to me..
02:11 <[\\\]> 1) New Timeline?
02:11 <[\\\]> 2) Perhaps clear the PPTs first?
02:13 <Keefe> pirateat40: ""donating" the winnings" refers to deciding who you will give 5k btc to when nanotube decides in your favor?
02:13 <pirateat40> I'm doing everything in my power within the contracts of the "Real World" to get things moving as fast as possible.  If, I end up losing the bets and spending everything I worked for to make things right I will.  I will not be giving any additional times or dates until I know exactly when things will happen.
02:14 <copumpkin> another question: how screwed is _matthew_? :)
02:15 -!- copumpkin was kicked from #btcst by copumpkin [bad]
02:15 -!- mode/#btcst [+v copumpkin] by [\\\]
02:17 <pirateat40> I know you guys want updates and communication, but I'm somewhat muted by the personal attacks and legalities of whats going on. There is a lot more to this story than just "Send me back my coins."  If I had all the coins just sitting around I would've has this wrapped up a long time ago.