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Title: The pirate speaks Post by: yochdog on September 17, 2012, 05:20:38 PM http://pastebin.com/e3gGFC37
Title: Re: The pirate speaks Post by: AForceNinja on September 17, 2012, 05:25:16 PM damnnn
Title: Re: The pirate speaks Post by: k3t3r on September 17, 2012, 05:28:34 PM ... but is unverifiable
Title: Re: The pirate speaks Post by: drakahn on September 17, 2012, 05:29:04 PM He posted it in #BTCST, It is verified.
Quote <@pirateat40> Hello * pirateat40 sets mode: +m <@pirateat40> Q: What's going on? A: In short, one of my largest clients decided they would make things difficult for me. In the heat of the moment I made a move to secure the USD backing the coins when they were not returned and has made things much more difficult. <@pirateat40> Q: Where have you been? A: I realize not having information is annoying and somewhat concerning. I’ve stopped responding publicly until hard information was available due to some legal concerns that developed. Once the attorneys (both mine and my clients) got involved, everything slowed down while everything was sorted out. <@pirateat40> Q: When will we get our coins? A: As of today the earliest estimated time that coins can begin moving is Friday, Oct 12th. I can only keep you updated on this date as I have more information. <@pirateat40> Q: Why did you require PPT operators to submit their account holders information? A: There’re a few reasons for doing this. The largest of which was to remove the PPT operators from the added risk of their users claiming they were not paid once the main account was paid. The other reasons can not be disclosed. <@pirateat40> Q: What is going to happen with bond issuers? A: Since bonds can be traded and have taken a large hit due to the closure of BTCST, I’ll be working with the bond issuers to find a solution that best suits their investors. <@pirateat40> Also... <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. <@pirateat40> GPUMAX has never been associated with BTCST nor have any of it’s partners. GPUMAX shared a wallet with one of the BTCST operating wallets for security and is now running it’s own secured wallet which is no longer associated with BTCST. <@pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. <@pirateat40> That’s all for now, I’ll be providing updates here when more information is available. Thanks * pirateat40 sets mode: -m <@pirateat40> http://pastebin.com/e3gGFC37 Title: Re: The pirate speaks Post by: phantastisch on September 17, 2012, 05:44:47 PM Quote Those looking to file a suit against me or BTCST will not be eligible for repayment. How can this be correct ? Every good lawyer would accept this case and get repayed the shit out of pirate... Title: Re: The pirate speaks Post by: Turbor on September 17, 2012, 06:05:21 PM Too late pirate. Sorry. I already sent my best three men !
http://sphotos-e.ak.fbcdn.net/hphotos-ak-snc6/208183_1040476504226_4806_n.jpg Title: Re: The pirate speaks Post by: Tomatocage on September 17, 2012, 06:07:32 PM he is stalling and trolling... and so far it seems it worked... many people who wanted to sue no longer want to sue... they want to wait... Unfortunately you're probably right. Proof will come when October 12th rolls around and absolutely nothing happens other than more silence from Shavers. Title: Re: The pirate speaks Post by: legolouman on September 17, 2012, 06:13:04 PM You threaten me? Now I have an excuse to keep your money.
#PirateLogic Title: Re: The pirate speaks Post by: danieldaniel on September 17, 2012, 06:15:27 PM You threaten me? Now I have an excuse to keep your money. I think he meant that he's going to sue the shit out of you, and fuck you over for life. And then, to troll you, repay the 100 btc that you had with him.#PirateLogic Title: Re: The pirate speaks Post by: PsychoticBoy on September 17, 2012, 06:15:35 PM [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean.
LOL, LOL and another LOL Title: Re: The pirate speaks Post by: sgravina on September 17, 2012, 06:22:22 PM Quote ... Ah, things are finally clear:<@pirateat40> Q: What's going on? A: In short, one of my largest clients decided they would make things difficult for me. In the heat of the moment I made a move to secure the USD backing the coins when they were not returned and has made things much more difficult. It is not pirateat40 that is the problem but his large client who did not return the coins. On the positive side, pirateat40 has "secure the USD backing the coins". Ironically, this is the very thing that is making it "much more difficult". Quote <@pirateat40> Q: When will we get our coins? A: As of today the earliest estimated time that coins can begin moving is Friday, Oct 12th. I can only keep you updated on this date as I have more information. That's not too far into the future. It's the day before my wife's birthday. She'll be so happy the hear the her coins are safe and will be back in her wallet soon. Quote Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. I wish pirateat@40 a long happy life, full of the satisfaction that he ran an honest, high yield investment bank which overcame almost insurmountable obstacles to return everyone's deposits. Title: Re: The pirate speaks Post by: evoorhees on September 17, 2012, 06:23:39 PM The pastebin link is not working for me... can someone paste it here in the thread?
Title: Re: The pirate speaks Post by: BinaryMage on September 17, 2012, 06:24:59 PM The pastebin link is not working for me... can someone paste it here in the thread? It expired a few minutes ago. The IRC announcement quoted above is identical. Title: Re: The pirate speaks Post by: JWU42 on September 17, 2012, 06:42:14 PM http://pastebin.com/DVNsx7xz
Title: Re: The pirate speaks Post by: legolouman on September 17, 2012, 06:42:46 PM You threaten me? Now I have an excuse to keep your money. I think he meant that he's going to sue the shit out of you, and fuck you over for life. And then, to troll you, repay the 100 btc that you had with him.#PirateLogic Wouldn't that maximize his profits? He'd have twice the money, and plentiful amounts of souls. Title: Re: The pirate speaks Post by: greyhawk on September 17, 2012, 06:48:41 PM I wonder if the large client is a Chinese relic hunter billionaire.
Title: Re: The pirate speaks Post by: gbl08ma on September 17, 2012, 06:56:45 PM I think his sayings about the BTCST/GPUMAX wallets pretty much prove the 1Dky address is his.
Title: Re: The pirate speaks Post by: Dansker on September 17, 2012, 07:00:06 PM The worst thing is how his Beliebers are falling over themselves to hug and kiss their Master.
Title: Re: The pirate speaks Post by: MrTeal on September 17, 2012, 07:03:05 PM I think his sayings about the BTCST/GPUMAX wallets pretty much prove the 1Dky address is his. Please, go on... Title: Re: The pirate speaks Post by: Puppet on September 17, 2012, 07:03:51 PM Good thing its obvious that Pirate had his lawyer draft that statement, so its a clear, factual and unambiguous statement and doesnt read like the rant of a desperate half drunk guy looking to buy a few more weeks.
I particularly love this line "Those looking to file a suit against me or BTCST will not be eligible for repayment". Yeah, thats how it works :). Title: . Post by: inbox on September 17, 2012, 07:09:22 PM .
Title: Re: The pirate speaks Post by: MrTeal on September 17, 2012, 07:09:47 PM Good thing its obvious that Pirate had his lawyer draft that statement, so its a clear, factual and unambiguous statement and doesnt read like the rant of a desperate half drunk guy looking to buy a few more weeks. I particularly love this line "Those looking to file a suit against me or BTCST will not be eligible for repayment". Yeah, thats how it works :). What he said isn't actually that divorced from reality. It would have sounded better if he'd said something more along the lines "The earliest funds will be available is Oct 12, and once that happens accounts will begin to be repaid. Account holders who file suit against me or BTCST will not be settled until the outcome of the suit has been determined." Title: Re: The pirate speaks Post by: MrTeal on September 17, 2012, 07:11:19 PM I think his sayings about the BTCST/GPUMAX wallets pretty much prove the 1Dky address is his. Please, go on... Please read this: https://bitcointalk.org/index.php?topic=94675.msg1196791#msg1196791 The address is 1 tumble away from 1Dky which is now empty and stored into many smaller addresses. So, someone showing evidence that the 1Dky address belongs to Silk Road is proof that it belongs to Pirate? Title: Re: The pirate speaks Post by: Ilikeham on September 17, 2012, 07:11:58 PM Gotta love the little liar trying to buy himself a month.
Title: . Post by: inbox on September 17, 2012, 07:37:05 PM .
Title: Re: The pirate speaks Post by: Eisenhower34 on September 17, 2012, 07:53:19 PM Finally news ... I mean if he had spoken as open as that from start ... I bet things had gone much smoother for him.
Title: Re: The pirate speaks Post by: muyuu on September 17, 2012, 07:55:54 PM Well, that was textbook extortion right there. Something to add to the suit.
Title: Re: The pirate speaks Post by: malevolent on September 17, 2012, 07:57:05 PM Gotta love the little liar trying to buy himself a month. +1 And this is what pirate wants. Time is precious(ssss...) for him so he will do anything to increase his chances to run away without being caught / found in a 3rd world slum (lol). But it is understandable that those that are owed money will believe him. Let time take its course. Title: Re: The pirate speaks Post by: Tomatocage on September 17, 2012, 08:00:58 PM I particularly love this line "Those looking to file a suit against me or BTCST will not be eligible for repayment". Yeah, thats how it works :). But bro, didn't you know? That's how the law works! Title: Re: The pirate speaks Post by: silverbox on September 17, 2012, 08:01:57 PM So a few days after Pirates father is contacted, Pirate makes a statement??
And the statement is.. Lawyers, blah blah, need more time, blah blah, October 12th ::) ::) ::), blah blah.. Title: Re: The pirate speaks Post by: tbcoin on September 17, 2012, 08:14:43 PM I am TYGRR.BOND-P holder , although the price went up after his statement, I think that is bad news for us.
Goat intends to bring it by legal means and seem pirate don't likes. Honestly, I never liked the idea of putting lawyers in these businesses, there is bitcoinica, I still not see a penny, I consider as the most desperate action, if not only serves to lengthen even more things. Title: Re: The pirate speaks Post by: Fluttershy on September 17, 2012, 08:22:30 PM http://pastebin.com/e3gGFC37 The link doesn't work.Title: Re: The pirate speaks Post by: CJGoodings on September 17, 2012, 08:25:10 PM [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean.
Sad thing is, its becoming illegal to trash talk on the net in the States (online bullying bills). He may have the law on his side on this part. Title: Re: The pirate speaks Post by: tbcoin on September 17, 2012, 08:25:46 PM http://pastebin.com/e3gGFC37 The link doesn't work.http://pastebin.com/DVNsx7xz Title: Re: The pirate speaks Post by: dust on September 17, 2012, 08:33:31 PM Has anyone with a lawyer actually contacted pirate's lawyer? Is there even any proof that pirate is working with a lawyer?
If pirate was serious about repaying, he would be buying back his own debt at 5% of its face value. He obviously isn't, so I will assume his statements are simply more delay tactics. Quote [02:15:38] <pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I lol'ed. Title: Re: The pirate speaks Post by: tbcoin on September 17, 2012, 08:41:31 PM In the case of all this be true, it makes sense that if you file a suit you don't get pay, you'll have to wait until the legal process is over ...after a lot time and money lost
Title: Re: The pirate speaks Post by: conspirosphere.tk on September 17, 2012, 08:45:06 PM If pirate was serious about repaying, he would be buying back his own debt at 5% of its face value. He obviously isn't, so I will assume his statements are simply more delay tactics. And if he still had the money or the BTC, he would be enjoying life abroad instead of keeping trolling and bullshitting on irc. Title: Re: The pirate speaks Post by: markm on September 17, 2012, 08:47:26 PM On the positive side, pirateat40 has "secure the USD backing the coins". Ironically, this is the very thing that is making it "much more difficult". Read it more carefully. He claimed to have made a move to secure the USD, not to have actually succeeded in securing the USD. Quite possibly he (in the fictional-or-not scenario he might be trying to convey or imply) tried to grab the dollars to make up for the client not giving him the coins, and didn't get the dollars or the coins thus now has to wait until a court date to find out whether a judge is going to tell the client to give him the coins or to give him the dollars. -MarkM- Title: Re: The pirate speaks Post by: Puppet on September 17, 2012, 08:48:14 PM If pirate was serious about repaying, he would be buying back his own debt at 5% of its face value. He obviously isn't, so I will assume his statements are simply more delay tactics. And if he still had the money or the BTC, he would be enjoying life abroad instead of keeping trolling and bullshitting on irc. Running isnt that easy if you have a wife and kids. But at least he would be able to afford a lawyer and so far, I dont believe he actually has one. Title: Re: The pirate speaks Post by: DeathAndTaxes on September 17, 2012, 08:50:33 PM In the case of all this be true, it makes sense that if you file a suit you don't get pay, you'll have to wait until the legal process is over ...after a lot time and money lost No generally that would be stupid. Pirate would also need to spend lawyers fees potentially tens of thousands of dollars in lawyers fees to defend against multiple lawsuits. So rather than pay "X" to the people suing he would not pay them, spend $10,000 potentially lose the suit, pay X, plus any other fees and penalties the court throws at him for being a world class scumbag. People who are sane settle up with those filing a suit first. What are the people not suing going to do? Sue? Pay = Nothing to sue about. Don't pay = could cost you thousands extra. ??? Then again Mr. Trevors is just scamming lowlife garbage. Anyone who had a legal counsel would have been advised to not say anything. Not a single word. It would be his lawyer who made the statement. Generally that is what lawyers do. You can also bet his lawyer wouldn't be stupid enough to document attempted extortion and fraudulent conveyance against the creditors that he admits owning funds. Mr. Trevors has legal counsel like I have Satoshi's private keys. Funny how desperate people fall all over themselves to connect the dots in the most implausible way possible to show themselves "it could be true". October will come and go. Then there will be another excuse. Maybe he blames it on the lawsuits. One of the people suing got a court order freezing the bank account so he can't pay until he can fight that and get it lifted. Oct into Dec. One of his investors got cold feet because of all the suits. Dec into Feb. Next September some on the forum will still be holding out hope that "soon" they will get paid. Title: Re: The pirate speaks Post by: Littleshop on September 17, 2012, 08:54:29 PM In the case of all this be true, it makes sense that if you file a suit you don't get pay, you'll have to wait until the legal process is over ...after a lot time and money lost No generally that would be stupid. Pirate would also need to spend lawyers fees potentially tens of thousands of dollars in lawyers fees to defend against multiple lawsuits. People who are sane settle up with those filing a suit first. Pay = Nothing to sue about. Don't pay = could cost you thousands more. ??? Then again Mr. Trevors is just scamming lowlife garbage. Anyone who had a lawyer would have been advised by the lawyer not to make ANY statements. It would be his lawyer who made the statement. Funny how desperate people fall all over themselves to connect the dots in the most implausible way possible to show themselves "it could be true". October will come and go. Then there will be another excuse. Maybe he blames it on the lawsuits. One of the people suing got a court order freezing the account so he can't pay until he can fight that and get it lifted. Oct into Dec into Feb. Next September some on the forum will still be holding out hope that "soon" they will get paid. Add on top of that the statement that people who sue him are not eligible for repayment, no lawyer would say or allow the client to say that. Title: Re: The pirate speaks Post by: markm on September 17, 2012, 08:55:15 PM I don't suppose Oct 12th is some kind of Zeek Rewards court case date or something by chance? I'm sure the Zeek Theory advocates would love that.
-MarkM- Title: Re: The pirate speaks Post by: Puppet on September 17, 2012, 08:56:36 PM I don't suppose Oct 12th is some kind of Zeek Rewards court case date or something by chance? I'm sure the Zeek Theory advocates would love that. -MarkM- I tried that on google, but came up empty. FWIW. Title: Re: The pirate speaks Post by: tbcoin on September 17, 2012, 08:57:31 PM In the case of all this be true, it makes sense that if you file a suit you don't get pay, you'll have to wait until the legal process is over ...after a lot time and money lost No generally that would be stupid. Pirate would also need to spend lawyers fees potentially tens of thousands of dollars in lawyers fees to defend against multiple lawsuits. So rather than pay "X" to the people suing he would not pay them, spend $10,000 potentially lose the suit, pay X, plus any other fees and penalties the court throws at him for being a world class scumbag. People who are sane settle up with those filing a suit first. What are the people not suing going to do? Sue? Pay = Nothing to sue about. Don't pay = could cost you thousands extra. ??? Then again Mr. Trevors is just scamming lowlife garbage. Anyone who had a legal counsel would have been advised to not say anything. Not a single word. It would be his lawyer who made the statement. Generally that is what lawyers do. You can also bet his lawyer wouldn't be stupid enough to document attempted extortion and fraudulent conveyance against the creditors that he admits owning funds. Mr. Trevors has legal counsel like I have Satoshi's private keys. Funny how desperate people fall all over themselves to connect the dots in the most implausible way possible to show themselves "it could be true". October will come and go. Then there will be another excuse. Maybe he blames it on the lawsuits. One of the people suing got a court order freezing the bank account so he can't pay until he can fight that and get it lifted. Oct into Dec. One of his investors got cold feet because of all the suits. Dec into Feb. Next September some on the forum will still be holding out hope that "soon" they will get paid. Title: Re: The pirate speaks Post by: DeathAndTaxes on September 17, 2012, 08:58:07 PM I don't suppose Oct 12th is some kind of Zeek Rewards court case date or something by chance? I'm sure the Zeek Theory advocates would love that. -MarkM- I doubt the date corresponds to a court date. Even if there was a court case on Oct 12th it isn't like they would be handing out certified checks and bags of cash on the courthouse steps. Most likely it is a stab in the dark. He hopes he will have at least some of the money by Oct 12th. Oct 12th likely is as far of a "deadline" as he could offer without too much backlash (I mean just imagine if he said May 2013). The reality is nobody is going to get anything from Zeek Rewards for at least 180 days (and if really unlucky 18-36 months). Of course it is kinda funny that none of Pirates victims have asked about ..... "the other clients". So Pirate can't repay because some client is holding the funds/coins. What about the rest of the funds/coins? I mean say this "big client" (isn't always the unamed big one who takes the money) was 30% of all the funds. That means Pirate has already returned 70% right? Oh wait he hasn't returned anything (other than a single token small account which was designed to delay and obfuscate). Title: Re: The pirate speaks Post by: markm on September 17, 2012, 09:16:12 PM Okay well in the movie lets get Anthony Hopkins (or maybe Michael Caine) to play the client and oh I dunno, maybe Johnny Depp to play Pirate.
Hopkins/Caine (Client) behind a desk piled with stacks of "decks" of unmarked twenty dollar bills. You know, the bound with a paper ribbon batches, but make them look used so its clear they are random unmarked bills not fresh from the counterfeiter's printer or sequential bills fresh from a bank. Client: "Nice to look at, isn't it? I love the smell of small unmarked bills in the wee hours of the night. Go ahead, take a whiff. I'm afraid that is all I have for you this time, however, as your services are no longer required." Stage Direction: Pirate makes a move toward taking some of the cash. Client: Ahem, not so fast young man. Just smell it. The smell of it is all I have for you this time, your services are no longer required. Luigi?" Stage Direction: The Thugs, led by Luigi, move in on Pirate, "gently" and "courteously" ejecting him from the premises... -MarkM- Title: Re: The pirate speaks Post by: Mousepotato on September 17, 2012, 09:21:28 PM Okay well in the movie lets get Anthony Hopkins (or maybe Michael Caine) to play the client and oh I dunno, maybe Johnny Depp to play Pirate. Hopkins/Caine (Client) behind a desk piled with stacks of "decks" of unmarked twenty dollar bills. You know, the bound with a paper ribbon batches, but make them look used so its clear they are random unmarked bills not fresh from the counterfeiter's printer or sequential bills fresh from a bank. Client: "Nice to look at, isn't it? I love the smell of small unmarked bills in the wee hours of the night. Go ahead, take a whiff. I'm afraid that is all I have for you this time, however, as your services are no longer required." Stage Direction: Pirate makes a move toward taking some of the cash. Client: Ahem, not so fast young man. Just smell it. The smell of it is all I have for you this time, your services are no longer required. Luigi?" Stage Direction: The Thugs, led by Luigi, move in on Pirate, "gently" and "courteously" ejecting him from the premises... -MarkM- Can we stay on topic for once, please? Title: Re: The pirate speaks Post by: repentance on September 17, 2012, 09:30:04 PM What he said isn't actually that divorced from reality. It would have sounded better if he'd said something more along the lines "The earliest funds will be available is Oct 12, and once that happens accounts will begin to be repaid. Account holders who file suit against me or BTCST will not be settled until the outcome of the suit has been determined." Yep. This is what I assume he means too. Title: Re: The pirate speaks Post by: greyhawk on September 17, 2012, 09:31:49 PM I don't suppose Oct 12th is some kind of Zeek Rewards court case date or something by chance? I'm sure the Zeek Theory advocates would love that. -MarkM- Well, there's a deadline to present the preliminary liquidation plan for Zeek Rewards to the judge on Oct 8th. Title: Re: The pirate speaks Post by: repentance on September 17, 2012, 09:44:15 PM I don't suppose Oct 12th is some kind of Zeek Rewards court case date or something by chance? I'm sure the Zeek Theory advocates would love that. -MarkM- Well, there's a deadline to present the preliminary liquidation plan for Zeek Rewards to the judge on Oct 8th. Money won't be freed up for disbursement by that date, though. Typically, claims by unsecured creditors aren't even formally verified until assets have been realised and a distribution is imminent. From what I can see, they're trying to get payments made to the family of the principals and to affiliates disgorged. This will likely drag on for years rather than months. Title: Re: The pirate speaks Post by: danieldaniel on September 17, 2012, 10:27:13 PM You threaten me? Now I have an excuse to keep your money. I think he meant that he's going to sue the shit out of you, and fuck you over for life. And then, to troll you, repay the 100 btc that you had with him.#PirateLogic Wouldn't that maximize his profits? He'd have twice the money, and plentiful amounts of souls. Title: Re: The pirate speaks Post by: SgtSpike on September 17, 2012, 10:31:57 PM [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. Well, not just that, but any threat on a person's life or property can be taken very seriously, online or not.Sad thing is, its becoming illegal to trash talk on the net in the States (online bullying bills). He may have the law on his side on this part. Title: Re: The pirate speaks Post by: smoothie on September 17, 2012, 10:38:26 PM The bolded below I think is just hilarious. Pirate followers that would follow pirate off of a cliff. They are like little dogs waiting on their master's every word/move.
http://pastebin.com/e3gGFC37 for the record... Quote .... [02:15:43] <pirateat40> GPUMAX has never been associated with BTCST nor have any of it’s partners. GPUMAX shared a wallet with one of the BTCST operating wallets for security and is now running it’s own secured wallet which is no longer associated with BTCST. [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. [02:15:55] <pirateat40> That’s all for now, I’ll be providing updates here when more information is available. Thanks [02:16:13] *** Mode #btcst -m by pirateat40 [02:16:25] <scottjp> Thanks, pirate@40 [02:16:35] <scottjp> Keep us updated :) [02:16:36] <pirateat40> http://pastebin.com/e3gGFC37 [02:16:40] <grubles> pirateat40, thanks man [02:16:48] <Internet151> thanks for giving us an update its greatly appreciated [02:19:36] -*- copumpkin hugs pirateat40 [02:22:26] <aardvarklondon> @pirate:) thanks, just keep us updated [02:50:33] <wrabbit> this channel will flow with the blood of the non-believers! [02:50:51] <Lolcust> I am a believer, weabbit ! Title: Re: The pirate speaks Post by: greyhawk on September 17, 2012, 10:45:29 PM The bolded below I think is just hilarious. Pirate followers that would follow pirate off of a cliff. They are like little dogs waiting on their master's every word/move. http://www.youtube.com/watch?v=UXOCHn7Vfec Title: Re: The pirate speaks Post by: TheBible on September 17, 2012, 11:44:48 PM Br honest, how many of you are still giving him money in GPUMAX?
Title: Re: The pirate speaks Post by: legolouman on September 17, 2012, 11:55:45 PM The bolded below I think is just hilarious. Pirate followers that would follow pirate off of a cliff. They are like little dogs waiting on their master's every word/move. http://pastebin.com/e3gGFC37 for the record... Quote .... [02:15:43] <pirateat40> GPUMAX has never been associated with BTCST nor have any of it’s partners. GPUMAX shared a wallet with one of the BTCST operating wallets for security and is now running it’s own secured wallet which is no longer associated with BTCST. [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. [02:15:55] <pirateat40> That’s all for now, I’ll be providing updates here when more information is available. Thanks [02:16:13] *** Mode #btcst -m by pirateat40 [02:16:25] <scottjp> Thanks, pirate@40 [02:16:35] <scottjp> Keep us updated :) [02:16:36] <pirateat40> http://pastebin.com/e3gGFC37 [02:16:40] <grubles> pirateat40, thanks man [02:16:48] <Internet151> thanks for giving us an update its greatly appreciated [02:19:36] -*- copumpkin hugs pirateat40 [02:22:26] <aardvarklondon> @pirate:) thanks, just keep us updated [02:50:33] <wrabbit> this channel will flow with the blood of the non-believers! [02:50:51] <Lolcust> I am a believer, weabbit ! Pirate has their money, they want to be kind so they get it back. Title: Re: The pirate speaks Post by: Tittiez on September 18, 2012, 12:01:04 AM Pirate has their money, they want to be kind so they get it back. Bingo Title: Re: The pirate speaks Post by: smoothie on September 18, 2012, 12:28:26 AM The bolded below I think is just hilarious. Pirate followers that would follow pirate off of a cliff. They are like little dogs waiting on their master's every word/move. http://pastebin.com/e3gGFC37 for the record... Quote .... [02:15:43] <pirateat40> GPUMAX has never been associated with BTCST nor have any of it’s partners. GPUMAX shared a wallet with one of the BTCST operating wallets for security and is now running it’s own secured wallet which is no longer associated with BTCST. [02:15:49] <pirateat40> Threats are taken seriously by myself and my attorney. A few of you will find out how serious I mean. [02:15:55] <pirateat40> That’s all for now, I’ll be providing updates here when more information is available. Thanks [02:16:13] *** Mode #btcst -m by pirateat40 [02:16:25] <scottjp> Thanks, pirate@40 [02:16:35] <scottjp> Keep us updated :) [02:16:36] <pirateat40> http://pastebin.com/e3gGFC37 [02:16:40] <grubles> pirateat40, thanks man [02:16:48] <Internet151> thanks for giving us an update its greatly appreciated [02:19:36] -*- copumpkin hugs pirateat40 [02:22:26] <aardvarklondon> @pirate:) thanks, just keep us updated [02:50:33] <wrabbit> this channel will flow with the blood of the non-believers! [02:50:51] <Lolcust> I am a believer, weabbit ! Pirate has their money, they want to be kind so they get it back. Yeah I suppose. Not all are resorting to ass kissing. I support any who calls Pirate BS when they see it. Don't bow down to that loser. Start showing support for those willing to go after his ass to get some damn justice. Title: Re: The pirate speaks Post by: FlipPro on September 18, 2012, 04:09:51 AM This SA post says everything that needs to be said about this sad situation.
The Bible posted: If I ever meet pirate in real life, I am buying that fucker a beer. Bastard ripped off loving everybody as transparently as he possibly could (his name is pirate for Christ's sake) and has the balls to come back and threaten them with legal action. Just awesome. They don't know it, but he is the one who best exemplifies their belief system in the Free Market. Title: Re: The pirate speaks Post by: bitlover on September 18, 2012, 05:29:45 AM This SA post says everything that needs to be said about this sad situation. The Bible posted: If I ever meet pirate in real life, I am buying that fucker a beer. Bastard ripped off loving everybody as transparently as he possibly could (his name is pirate for Christ's sake) and has the balls to come back and threaten them with legal action. Just awesome. They don't know it, but he is the one who best exemplifies their belief system in the Free Market. Hey FlipPro I'll suggest investing a bitcoin and joining the SA forums so that you get rid of the word-filter. Since you seem to check that thread it will be worth it. Title: Re: The pirate speaks Post by: chrisrico on September 18, 2012, 05:53:55 AM No generally that would be stupid. Pirate would also need to spend lawyers fees potentially tens of thousands of dollars in lawyers fees to defend against multiple lawsuits. So rather than pay "X" to the people suing he would not pay them, spend $10,000 potentially lose the suit, pay X, plus any other fees and penalties the court throws at him for being a world class scumbag. People who are sane settle up with those filing a suit first. What are the people not suing going to do? Sue? Pay = Nothing to sue about. Don't pay = could cost you thousands extra. ??? Then again Mr. Trevors is just scamming lowlife garbage. Anyone who had a legal counsel would have been advised to not say anything. Not a single word. It would be his lawyer who made the statement. Generally that is what lawyers do. You can also bet his lawyer wouldn't be stupid enough to document attempted extortion and fraudulent conveyance against the creditors that he admits owning funds. Mr. Trevors has legal counsel like I have Satoshi's private keys. Funny how desperate people fall all over themselves to connect the dots in the most implausible way possible to show themselves "it could be true". October will come and go. Then there will be another excuse. Maybe he blames it on the lawsuits. One of the people suing got a court order freezing the bank account so he can't pay until he can fight that and get it lifted. Oct into Dec. One of his investors got cold feet because of all the suits. Dec into Feb. Next September some on the forum will still be holding out hope that "soon" they will get paid. I don't normally say this, but, er... this. Title: Re: The pirate speaks Post by: mc_lovin on September 18, 2012, 08:39:38 AM so anyone going to bet if he will pay up Oct 12th?
Title: Re: The pirate speaks Post by: El Cabron on September 18, 2012, 08:40:53 AM so anyone going to bet if he will pay up Oct 12th? I bet 80kBTC! Title: Re: The pirate speaks Post by: Buffer Overflow on September 18, 2012, 08:53:53 AM so anyone going to bet if he will pay up Oct 12th? Let's ask Matthew. Title: Re: The pirate speaks Post by: muyuu on September 18, 2012, 09:00:07 AM With escrow and clear conditions I would bet a few coins against.
Title: Re: The pirate speaks Post by: muyuu on September 18, 2012, 09:19:41 AM With escrow and clear conditions I would bet a few coins against. so would everyone else in the universe :) I admire your faith in humanity, but there is a large number of deluded saps who may take the bet on Pirate's side. Title: Re: The pirate speaks Post by: smoothie on September 18, 2012, 10:51:01 AM With escrow and clear conditions I would bet a few coins against. so would everyone else in the universe :) I admire your faith in humanity, but there is a large number of deluded saps who may take the bet on Pirate's side. Well, Matthew does not count! ;) Does this include the weekly compounding 7% weekly interest since closing? If so, I'll wager 1000 BTC escrowed if anyone is up for it lol.... :D Title: Re: The pirate speaks Post by: Jurek on September 18, 2012, 11:25:22 AM Why do you doubt him? Why would he want to delay possible charges if his identity has never been disclosed? We all know this Trevor shit is bs.
BTW, stop talking to yourself people. Get a life. Title: Re: The pirate speaks Post by: jasinlee on September 18, 2012, 11:42:00 AM Why do you doubt him? Why would he want to delay possible charges if his identity has never been disclosed? We all know this Trevor shit is bs. BTW, stop talking to yourself people. Get a life. Another pirate puppet! Title: Re: The pirate speaks Post by: Jurek on September 18, 2012, 01:17:50 PM Yes, you too, get a life. Nothing but trolling over here...
Title: Re: The pirate speaks Post by: bitdragon on September 18, 2012, 01:33:43 PM I have been away from the forum a few days and what a laugh and smile to come back :)
The show must go on ! Title: Re: The pirate speaks Post by: Tomatocage on September 18, 2012, 02:12:11 PM October 12th will come around and there will be no payments made. On top of that there will be absolutely no communication from Trendon Shavers at all. BET
Title: Re: The pirate speaks Post by: nebulus on September 18, 2012, 02:15:50 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. :'( :'( :'( http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html (http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html) http://en.wikipedia.org/wiki/Class_action (http://en.wikipedia.org/wiki/Class_action) Title: Re: The pirate speaks Post by: nebulus on September 18, 2012, 02:38:04 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. :'( :'( :'( http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html (http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html) http://en.wikipedia.org/wiki/Class_action (http://en.wikipedia.org/wiki/Class_action) http://en.wikipedia.org/wiki/Extortion According to this, what he is doing is called... Coercion: the practice of compelling a person or manipulating them to behave in an involuntary way (whether through action or inaction) by use of threats, intimidation, trickery, or some other form of pressure or force. These are used as leverage, to force the victim to act in the desired way. Title: Re: The pirate speaks Post by: jasinlee on September 18, 2012, 02:45:49 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. :'( :'( :'( http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html (http://www.legalmatch.com/law-library/article/filing-a-lawsuit-anonymously.html) http://en.wikipedia.org/wiki/Class_action (http://en.wikipedia.org/wiki/Class_action) http://en.wikipedia.org/wiki/Extortion According to this, what he is doing is called... Coercion: the practice of compelling a person or manipulating them to behave in an involuntary way (whether through action or inaction) by use of threats, intimidation, trickery, or some other form of pressure or force. These are used as leverage, to force the victim to act in the desired way. +1 I concur. Title: Re: The pirate speaks Post by: AndyRossy on September 18, 2012, 02:51:40 PM I also do not believe that he has a lawyer.
Title: Re: The pirate speaks Post by: BitTech on September 18, 2012, 02:56:02 PM only invest what you can afford to lose...
Title: Re: The pirate speaks Post by: nebulus on September 18, 2012, 02:56:50 PM It also seems like he doesn't even have a case.
Title: Re: The pirate speaks Post by: HDSolar on September 18, 2012, 03:01:53 PM I also do not believe that he has a lawyer. I am starting to think he does have a lawyer but not to protect him but to help figure out how to run. Lawyers are a dime a dozen and I am sure he can toss a few dimes to get one. All I can say is this is one long con so maybe it is not a con in a way. Maybe what has happened is he lost all the coins in a ponzi but was not a ponzi but a cry for help and or attention. He enjoyed the attention and then when the money ran out he is enjoying all the attention he is getting from us asking where the coins are. Basically it sounds like he needs a hug :(. Anyone want to go and hug him, I am sure some do but not in a way you would expect for someone who is emotionally scarred. The good news is he is getting the attention he needs from this and that is why the date just keeps going and going further and further out. Feel good your helping someone with issues. Popcorn anyone and by the way I did pay for this entertainment so I can chime in. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 05:21:42 PM http://cache.blippitt.com/wp-content/uploads/2011/03/Popcorn-09-Psych.gifhttp://cache.blippitt.com/wp-content/uploads/2011/03/Popcorn-09-Psych.gifhttp://cache.blippitt.com/wp-content/uploads/2011/03/Popcorn-09-Psych.gif
Title: Re: The pirate speaks Post by: thebaron on September 18, 2012, 05:26:11 PM I am starting to think he does have a lawyer but not to protect him but to help figure out how to run. If he is a scammer, he would have to be extremely stupid to not have already run off before he announced that he was closing up shop. Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 07:24:11 PM If he is a scammer, would have already gone and all he has done until now was not necessary.
If he lost all bitcoins in a bad business, we will not recover it with a lawsuit. If money is frozen for a bad decision, we will not recover faster with a lawsuit. I would expect the 12, to see what happens. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 07:29:07 PM If he is a scammer, would have already gone and all he has done until now was not necessary. It's called denial.If he lost all bitcoins in a bad business, we will not recover it with a lawsuit. If money is frozen for a bad decision, we will not recover faster with a lawsuit. I would expect the 12, to see what happens. Don't worry, you'll get over it eventually. I think. Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 07:36:09 PM If he is a scammer, would have already gone and all he has done until now was not necessary. It's called denial.If he lost all bitcoins in a bad business, we will not recover it with a lawsuit. If money is frozen for a bad decision, we will not recover faster with a lawsuit. I would expect the 12, to see what happens. Don't worry, you'll get over it eventually. I think. I have no hurry. ;) Title: Re: The pirate speaks Post by: Nolo on September 18, 2012, 07:51:13 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment.
I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. Title: Re: The pirate speaks Post by: BCMan on September 18, 2012, 07:55:57 PM Burn the bitch!
Title: Re: The pirate speaks Post by: yochdog on September 18, 2012, 07:57:04 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. What contract? Does anyone actually have a signed contract? A loan document? Even a promissory note? Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 08:01:27 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. I see it logic from the point of view that if you file a suit against me for unpaid, I can't pay you until the legal process is over.So you're excluded from any payments starting from that date. Title: Re: The pirate speaks Post by: Nolo on September 18, 2012, 08:02:32 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. What contract? Does anyone actually have a signed contract? A loan document? Even a promissory note? I was just using the contract statement as an analogy. I could of used a tort reference. "I know I hit you with my car. But if you sue me I won't pay your medical bills!" But since you brought up the contract thing, a contract doesn't have to be in writing. There are only a few exceptions to this rule, and this is referred to as the Statute of Frauds. Namely, contracts for the sale of goods in excess of $500, contracts that cannot be performed within 1 year, and contracts for the sale/purchase of real estate. So there might be a breach of contract claim based on conduct. Title: Re: The pirate speaks Post by: Nolo on September 18, 2012, 08:04:19 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. I see it logic from the point of view that if you file a suit against me for unpaid, I can't pay you until the legal process is over.So you're excluded from any payments starting from that date. Possibly, but that's not how I took it from the context of his statement. Plus, even if that were the case, if I filed a lawsuit against him I'm free to dismiss it at anytime I want. So if he started paying people I could always drop the suit. He's basically just trying to use a scare tactic to try to keep people from filing suits against him. Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 08:21:58 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. I see it logic from the point of view that if you file a suit against me for unpaid, I can't pay you until the legal process is over.So you're excluded from any payments starting from that date. Possibly, but that's not how I took it from the context of his statement. Plus, even if that were the case, if I filed a lawsuit against him I'm free to dismiss it at anytime I want. So if he started paying people I could always drop the suit. He's basically just trying to use a scare tactic to try to keep people from filing suits against him. (Obviously I'm a believer ;D) If he's trying to pay, do not blame him for try don't have problems with authority. In addition is possible that there things of questionable legality that a lawsuit ( even if removed ) could uncover, that would be bad for everyone. Title: Re: The pirate speaks Post by: Nolo on September 18, 2012, 08:24:33 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. I see it logic from the point of view that if you file a suit against me for unpaid, I can't pay you until the legal process is over.So you're excluded from any payments starting from that date. Possibly, but that's not how I took it from the context of his statement. Plus, even if that were the case, if I filed a lawsuit against him I'm free to dismiss it at anytime I want. So if he started paying people I could always drop the suit. He's basically just trying to use a scare tactic to try to keep people from filing suits against him. (Obviously I'm a believer ;D) If he's trying to pay, do not blame him for try don't have problems with authority. In addition is possible that there things of questionable legality that a lawsuit ( even if removed ) could uncover, that would be bad for everyone. Well I think it's a positive that he hasn't completely disappeared off the face of the Earth yet, never to be heard from again. So hopefully he does follow through. Title: Re: The pirate speaks Post by: thebaron on September 18, 2012, 08:34:53 PM What contract? Does anyone actually have a signed contract? A loan document? Even a promissory note? I'm pretty sure accepting consideration is considered a contract. Title: Re: The pirate speaks Post by: muyuu on September 18, 2012, 08:47:45 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane.
Title: Re: The pirate speaks Post by: repentance on September 18, 2012, 08:59:32 PM What contract? Does anyone actually have a signed contract? A loan document? Even a promissory note? I'm pretty sure accepting consideration is considered a contract. Only some people have contracts with pirate, many others have contracts with the PPT operators. While people can probably prove the elements of offer, acceptance and consideration, there could still be problems with enforcing. Courts will not enforce contracts for things which are illegal in their jurisdiction, so some (or even all) aspects of the contracts people have with pirate or the PPT operators may be unenforceable. It is up to the plaintiffs to prove their claims and that means proving that pirate controlled the addresses to which they sent their BTC. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 09:02:16 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. You'd have to wait for some time though. Right now the community is in the phase of moral hangover. When the pirate thing finally fades out, they'll be all bullish for ponzi schemes (and other scams) again.I don't feel bad. I am disgusted, disappointed and ashamed of other people's idiocy. Even NOW there are still people who still trust pirate at least to some extent. I mean... how is that even possible? They must be completely, utterly retarded, for christ's sake! Only the fact that they've lost large sums of money provides me a little satisfaction. Anyway, I'm enraged. I'm trying to laugh it off, but I guess this is just too much for me. I guess the quote in my sig pretty much sums it up. Fucking greed is in all of you. And you don't know how to control it yet. /rant Title: Re: The pirate speaks Post by: nebulus on September 18, 2012, 09:04:01 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. Are you suggesting stop trying to get justice? Title: Re: The pirate speaks Post by: notme on September 18, 2012, 09:14:53 PM <@pirateat40> Those looking to file a suit against me or BTCST will not be eligible for repayment. I would be fascinated to know on what legal ground, he believes this statement is enforceable. Let's use a little common sense. He is essentially taking the position of "I know I breached this contract with you. But if you sue me for breach of contract I will never pay you!" Good luck with that. What contract? Does anyone actually have a signed contract? A loan document? Even a promissory note? Does this count? Quote -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Loan - Storage notme By investing with pirateat40 (Trendon Shavers) you agree to allow your coins to be traded or sold at anytime to anyone. Your balance will remain unchanged regardless if there are pending transactions conducted by pirateat40. In return you will be paid 1% per day in interest that will be paid out every 3 days starting on your deposit date. In the event you wish to withdraw your funds you must make a request via IRC or email (trendon@buscog.com). You will receive the your withdraw within 24 hours, minus any interest earned until the next interest payout date. Your deposit address is 1RyHc22Ma7UZDjjG1pdQREhA4bbAZPHZG pirateat40 -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.17 (MingW32) iQIcBAEBAgAGBQJOtv3gAAoJEGFNt0z6WzV+f18P/A5US8ICKPw/crdeeMaFVbQv JAxocUSJVIWn97whyIyAnYnoVp9wgy7DM6YoW8TRe1D/wG0dJiKR6Bq061UQF1q4 Cp7zvlWFPIvSnR3zJQoRFyqtVDr0lkwSrX26+B6XknoDLVCI0mqw01QxFZx4Z7/P DuLWlTPIYIAxQ/Dgf0Nj4PLMKl2uFNvJoCWNQGI3Y59IBCig/eHMZ5p5P/x/g1Gi vHKB76zBAA2nL2V/UBM3pMOpVTjeqFeKwchqj4eAdWxmrSdJl26S3cOQu+KfpWbT 2++WKASwrm5q7BN+4ZsYPZ+j1enD0gqYJygT1fIFzuVylZSYhDLOmSxqIyigl6ka JgVW3JGK8U5hdEPs9sFkuqfd2eSIK0ysa3xHTKMWcLPQc63l3wJN1sKoMSfYbgVr Jw8r9X7Z63O+AVrgq1kA3HlhqlCK5bcPgL8cL2Rd2vzviVUYOceBGD4pTZAryQLl OAlbu8jmtlQ/AK4pRyQLl0zgV8ihEBjHk+gAOQ9LizE6VdTsplR1mRpVuzkwhqp3 rmLfRIN466qUrVND6CTcwtNyYVcYgK6D+3N+VM6139yzBD3R/s1Y9714GeIBpT5n r2MGXUqphWCh1GgtEvU/d+q4IcIOGB2jso8GRhiYSqX3Q49cNxnDoEqy3oAgkPEY lIMFtXAwmPSSXOKlrtps =8uKU -----END PGP SIGNATURE---- Title: Re: The pirate speaks Post by: sgravina on September 18, 2012, 09:17:56 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. Go ahead try it. I think you will fail. It's not easy. In fact it looks like it was difficult. If pirateat40 was running a ponzi I don't think his return on effort was all that much. And his return gets worse as time passes. Classic Ponzi schemes have a negative return on effort.
Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 09:20:35 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. You'd have to wait for some time though. Right now the community is in the phase of moral hangover. When the pirate thing finally fades out, they'll be all bullish for ponzi schemes (and other scams) again.I don't feel bad. I am disgusted, disappointed and ashamed of other people's idiocy. Even NOW there are still people who still trust pirate at least to some extent. I mean... how is that even possible? They must be completely, utterly retarded, for christ's sake! Only the fact that they've lost large sums of money provides me a little satisfaction. Anyway, I'm enraged. I'm trying to laugh it off, but I guess this is just too much for me. I guess the quote in my sig pretty much sums it up. Fucking greed is in all of you. And you don't know how to control it yet. /rant I do not understand people who have nothing to do with pirate and are fucking around these threads, like with bitcoinica, etc. The whole community is focused on the money ... bitcoin is money and BTCST seemed a good investment, want it back is not greed. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 09:25:25 PM If pirateat40 was running a ponzi I don't think his return on effort was all that much. And his return gets worse as time passes. You obviously don't understand how Ponzi schemes work. If you do it right, you have a huge profit. Because the snowball effect brings you more money at disposal everytime you give a small amount back to investors. Vast majority of ponzi scheme victims reinvest their profits. Madoff and Ponzi failed because they got caught. They failed to find the right time to quit. But scammers who didn't get caught are filthy rich.Classic Ponzi schemes have a negative return on effort. Title: Re: The pirate speaks Post by: nebulus on September 18, 2012, 09:30:28 PM But scammers who didn't get caught are filthy rich. And how exactly do you know that? Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 09:31:52 PM I do not understand people who have nothing to do with pirate and are fucking around these threads, like with bitcoinica, etc. That's the problem. For me it's not just money. I like this project, I care about it. I invest in it and watch the whole environment grow. ...and then some fucking idiot like you comes and ruins everything out of greed. Because BTCST didn't look like a good investment at all. Pirate's victims were too greedy to notice an obvious, blatant ponzi scheme.The whole community is focused on the money ... bitcoin is money and BTCST seemed a good investment, want it back is not greed. Hurr, durr, 7% per week. I'm gonna be rich... Seriously, idiots like you should stop being involved in Bitcoin. Sell your btcs and go away. Plenty of fiat ponzi schemes out there. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 09:33:56 PM But scammers who didn't get caught are filthy rich. And how exactly do you know that? Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 09:37:05 PM I do not understand people who have nothing to do with pirate and are fucking around these threads, like with bitcoinica, etc. That's the problem. For me it's not just money. I like this project, I care about it. I invest in it and watch the whole environment grow. ...and then some fucking idiot like you comes and ruins everything out of greed. Because BTCST didn't look like a good investment at all. Pirate's victims were too greedy to notice an obvious, blatant ponzi scheme.The whole community is focused on the money ... bitcoin is money and BTCST seemed a good investment, want it back is not greed. Hurr, durr, 7% per week. I'm gonna be rich... Seriously, idiots like you should stop being involved in Bitcoin. Sell your btcs and go away. Plenty of fiat ponzi schemes out there. Exactly how BTCST and investors affects you (early adopter registered a month ago) and the project bitcoin? Here are all bitcoin enthusiasts, the only difference is we have the balls to take risks. Go to section of developers because you only interested in the technical side and stop bothering. Title: Re: The pirate speaks Post by: greyhawk on September 18, 2012, 09:41:38 PM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. Go ahead try it. I think you will fail. It's not easy. In fact it looks like it was difficult. If pirateat40 was running a ponzi I don't think his return on effort was all that much. And his return gets worse as time passes. Classic Ponzi schemes have a negative return on effort.
Also there's competition you'd have to deal with. Sergei Mavrodi has his recruiters working on this board right now for yet another Ponzi. Luckily the mods are pretty good at cleaning those up. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 09:46:14 PM Exactly how BTCST and investors affects you (early adopter registered a month ago) and the project bitcoin? Here are all bitcoin enthusiasts, the only difference is we have the balls to take risks. >implying I bought my first bitcoins the day I register on this forumGo to section of developers because you only interested in the technical side and stop bothering. >implying I'm not a long-time lurker >implying Bitcoin isn't vulnerable as fuck .. there are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. govt might get involved and destroy Bitcoin with one stupid law. one wise man on this forum once said : you have to realize that you represent Bitcoin with everything you do. seems to me that you're just looking to make quick cash and don't really give a shit about Bitcoin at all. truth be told, I'm glad pirate ripped you off. serves you right. Title: Re: The pirate speaks Post by: tbcoin on September 18, 2012, 09:58:14 PM Exactly how BTCST and investors affects you (early adopter registered a month ago) and the project bitcoin? Here are all bitcoin enthusiasts, the only difference is we have the balls to take risks. > I bought my first bitcoins the day I register on this forumGo to section of developers because you only interested in the technical side and stop bothering. >implying I'm not a long-time lurker >implying Bitcoin isn't vulnerable as fuck .. there are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. govt might get involved and destroy Bitcoin with one stupid law. one wise man on this forum once said : you have to realize that you represent Bitcoin with everything you do. seems to me that you're just looking to make quick cash and don't really give a shit about Bitcoin at all. truth be told, I'm glad pirate ripped you off. serves you right. If you loves bitcoin and don't want make a profit no matter the price change, crash and rallys do not matter. Bad publicity? please, is the currency of higher growth and value in the world Worried that the government destroy bitcoin? are you seriously? Dude, seriously buy all bitcoins and be happy, but do not put your nose into the business of others;) Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 10:03:23 PM I guess ignorance is bliss.
This conversation leads nowhere. Go in peace. Title: Re: The pirate speaks Post by: Buffer Overflow on September 18, 2012, 10:08:33 PM There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. Price crash? I must of missed that one. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 10:13:18 PM There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. Price crash? I must of missed that one. Title: Re: The pirate speaks Post by: Buffer Overflow on September 18, 2012, 10:22:23 PM There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. Price crash? I must of missed that one. I call that buying opportunity. Greed is good. Title: Re: The pirate speaks Post by: repentance on September 18, 2012, 10:23:24 PM Classic Ponzi schemes have a negative return on effort.
Yes and no. While ponzi operators may have little to show at the end of the day, they often get to live large on other people's money for a period of time before the scheme collapses. The operator of Zeek rewards transferred tens of millions to himself and family members and some of that will never be recovered. It's also not as if every small time ponzi operator ends up facing criminal prosecution. Many will end up bankrupt at worst and plenty prepare for that eventuality. Title: Re: The pirate speaks Post by: the_thing on September 18, 2012, 10:29:17 PM There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. Price crash? I must of missed that one. I call that buying opportunity. Greed is good. Title: Re: The pirate speaks Post by: Buffer Overflow on September 18, 2012, 10:49:17 PM A minor blip in the big scheme of things. Didn't you take advantage of it? Remember; greed is good "the_thing."
Title: Re: The pirate speaks Post by: notme on September 18, 2012, 11:27:53 PM There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. Price crash? I must of missed that one. Six days below the 30 day EMA after...2+ months over? Exactly... it was an overdue correction that got blown out of proportion because some newbies panicked based on stupid ass forum rumors. Before any of the pirate news went down most sane market participants were already prepared for the inevitable dip after that crazy run up. Title: Re: The pirate speaks Post by: segabtc on September 18, 2012, 11:50:48 PM Price increase of 300%, seriously tho 300% in 60 days and you dont think this was coming??????Like any other investor, I took profits and got back in towards the bottom.
Title: Re: The pirate speaks Post by: smoothie on September 19, 2012, 12:02:13 AM Why do you doubt him? Why would he want to delay possible charges if his identity has never been disclosed? We all know this Trevor shit is bs. BTW, stop talking to yourself people. Get a life. The only person talking to himself is you. Go back to IRC and get a mouth full of pirate's special sausage. :D Title: Re: The pirate speaks Post by: exahash on September 19, 2012, 02:18:08 AM Does this count? Quote -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Loan - Storage notme By investing with pirateat40 (Trendon Shavers) you agree to allow your coins to be traded or sold at anytime to anyone. Your balance will remain unchanged regardless if there are pending transactions conducted by pirateat40. In return you will be paid 1% per day in interest that will be paid out every 3 days starting on your deposit date. In the event you wish to withdraw your funds you must make a request via IRC or email (trendon@buscog.com). You will receive the your withdraw within 24 hours, minus any interest earned until the next interest payout date. Your deposit address is 1RyHc22Ma7UZDjjG1pdQREhA4bbAZPHZG pirateat40 -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.17 (MingW32) iQIcBAEBAgAGBQJOtv3gAAoJEGFNt0z6WzV+f18P/A5US8ICKPw/crdeeMaFVbQv JAxocUSJVIWn97whyIyAnYnoVp9wgy7DM6YoW8TRe1D/wG0dJiKR6Bq061UQF1q4 Cp7zvlWFPIvSnR3zJQoRFyqtVDr0lkwSrX26+B6XknoDLVCI0mqw01QxFZx4Z7/P DuLWlTPIYIAxQ/Dgf0Nj4PLMKl2uFNvJoCWNQGI3Y59IBCig/eHMZ5p5P/x/g1Gi vHKB76zBAA2nL2V/UBM3pMOpVTjeqFeKwchqj4eAdWxmrSdJl26S3cOQu+KfpWbT 2++WKASwrm5q7BN+4ZsYPZ+j1enD0gqYJygT1fIFzuVylZSYhDLOmSxqIyigl6ka JgVW3JGK8U5hdEPs9sFkuqfd2eSIK0ysa3xHTKMWcLPQc63l3wJN1sKoMSfYbgVr Jw8r9X7Z63O+AVrgq1kA3HlhqlCK5bcPgL8cL2Rd2vzviVUYOceBGD4pTZAryQLl OAlbu8jmtlQ/AK4pRyQLl0zgV8ihEBjHk+gAOQ9LizE6VdTsplR1mRpVuzkwhqp3 rmLfRIN466qUrVND6CTcwtNyYVcYgK6D+3N+VM6139yzBD3R/s1Y9714GeIBpT5n r2MGXUqphWCh1GgtEvU/d+q4IcIOGB2jso8GRhiYSqX3Q49cNxnDoEqy3oAgkPEY lIMFtXAwmPSSXOKlrtps =8uKU -----END PGP SIGNATURE---- Ooh! Yes, that is a contract. It's even signed! Yes, gpg/pgp signing counts in the US. Anyone else got one like that? Title: Re: The pirate speaks Post by: El Cabron on September 19, 2012, 03:47:03 AM Price increase of 300%, seriously tho 300% in 60 days and you dont think this was coming??????Like any other investor, I took profits and got back in towards the bottom. I sold at the top and the bottom! Title: Re: The pirate speaks Post by: muyuu on September 19, 2012, 04:20:04 AM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. Go ahead try it. I think you will fail. It's not easy. In fact it looks like it was difficult. If pirateat40 was running a ponzi I don't think his return on effort was all that much. And his return gets worse as time passes. Classic Ponzi schemes have a negative return on effort.
It was easy for them as well, but they had to face very concrete charges. They dealt in person, they were very well known and easy to find. Pirate has to deal mostly with internet warriors who won't do anything at all. I don't do it for the same reason I don't rob grannies or little children regardless how easy it might be: having a minimum of decency. Title: Re: The pirate speaks Post by: Bitcoin Oz on September 19, 2012, 04:24:32 AM I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane. Go ahead try it. I think you will fail. It's not easy. In fact it looks like it was difficult. If pirateat40 was running a ponzi I don't think his return on effort was all that much. And his return gets worse as time passes. Classic Ponzi schemes have a negative return on effort.
It was easy for them as well, but they had to face very concrete charges. They dealt in person, they were very well known and easy to find. Pirate has to deal mostly with internet warriors who won't do anything at all. I don't do it for the same reason I don't rob grannies or little children regardless how easy it might be: having a minimum of decency. The internet is great for psycopaths. Title: Re: The pirate speaks Post by: repentance on September 19, 2012, 09:55:46 AM Oh man, can you imagine explaining this to a jury? Even pro se, pirate could tear it apart. I'd be very wary of any lawyer who planned on taking this to trial unless they first established that pirate has sufficient assets to satisfy both any judgement being sought and any award of costs. No-one's going to take this on contingency, so the plaintiffs would have to front all of the costs of any legal action and hope to hell that they prevail in court and that they're able to enforce any judgement in their favour. A judgement that can't be enforced is just an expensive piece of paper. Title: Re: The pirate speaks Post by: Raoul Duke on September 19, 2012, 10:12:29 AM Ooh! Yes, that is a contract. It's even signed! Yes, gpg/pgp signing counts in the US. No, it doesn't. Non-repudiation based on PGP or other asymmetric key signatures has not been tested in US courts. What a better time to test it then now? :) Oh man, can you imagine explaining this to a jury? Even pro se, pirate could tear it apart. I'm starting to think you're nothing more than a wuss... Grow some balls, dude. Title: Re: The pirate speaks Post by: exahash on September 19, 2012, 01:36:29 PM Ooh! Yes, that is a contract. It's even signed! Yes, gpg/pgp signing counts in the US. No, it doesn't. Non-repudiation based on PGP or other asymmetric key signatures has not been tested in US courts. What a better time to test it then now? :) Oh man, can you imagine explaining this to a jury? Even pro se, pirate could tear it apart. I'm starting to think you're nothing more than a wuss... Grow some balls, dude. At a minimum, he's not very good at playing Internet Lawyer. Yes, it counts as a contract, and digital signatures count as signatures. Google the ESign act and UETA. Here, I did it for you: http://en.wikipedia.org/wiki/Electronic_signature#Enforceability_of_electronic_signatures Title: Re: The pirate speaks Post by: dancingnancy on September 19, 2012, 01:51:22 PM Didn't have time to read this whole mess. Sounds plenty interesting, though. At this point, I think contact needs to be made again towards his father to find out where Trendon is. I didn't have a dime with this guy and I want to punch him in his vag.
Title: Re: The pirate speaks Post by: exahash on September 20, 2012, 01:54:35 PM Did you read that link you posted? Do you know how the US legal system works? Case law? Legal precedent? The answer to your questions is Yes. Troll on reeses. Title: Re: The pirate speaks Post by: Bitcoin Oz on September 20, 2012, 02:02:50 PM The gpg contract would be a good one to take to a grand jury who have special investigatory powers. They can decide if its a criminal matter.
Title: Re: The pirate speaks Post by: reeses on September 20, 2012, 03:16:01 PM Did you read that link you posted? Do you know how the US legal system works? Case law? Legal precedent? The answer to your questions is Yes. Troll on reeses. You do realize those laws make these1 legal digital signatures, right? So your answer of "yes" means that you are intentionally misleading. If you know, you know if it has not been tested in court, then when it does finally become material in a court case, you're going to watch the EFF jump in to appeal it as far as they can, hopefully to SCOTUS. So, I'm going with you lying when you say,"Yes." Liars go to the ignore bin. Nice attempt at a troll and a troll-block by the troll accusation, liar. 1. Love, /reeses/ or /s/ reeses. Title: Re: The pirate speaks Post by: reeses on September 20, 2012, 03:30:50 PM The gpg contract would be a good one to take to a grand jury who have special investigatory powers. They can decide if its a criminal matter. That's the problem. It has to go to a jury. Grand juries basically say,"Yeah, there's enough here to indict," but as the joke goes, they're filled with morons who couldn't get out of jury duty. If you get a good judge, he can clarify the issues for the jury, but you'll have expert witnesses on both sides arguing over what is actually a minor issue. Honestly, PGP signing a digital message isn't needed to pass the "reasonable" test. In this day and age, if someone sent you an email from their address with the equivalent of a contract, it'll do. Especially if there is corroborating evidence (other emails from the same source, etc.) If it's one email that was never replied to or discussed, or the person shares a computer with their housemates, then the defendant has a good chance of claiming that they were not the person who sent that email. However, with a number of emails over a long period of time, this assertive defense is more difficult to maintain. Remember, there is rarely such a thing as "proof". There's "evidence" and "beyond a reasonable doubt". We like Occam's razor here, so this is an appropriate place where we would apply it. "Your honor, someone hacked into this computer account for a period of six months and, unknown to my client, used it to send emails to nefarious ends." As I said, it might work for one email, but if there is an exchange (especially if anything is left in the inbox) then it is reasonable to conclude that the legitimate owner of the account sent the emails, or was at least aware of them. Title: Re: The pirate speaks Post by: DeathAndTaxes on September 20, 2012, 03:32:55 PM Reese it has been tested in court. I found 38 notable court cases in the US related to the enforcement of "digital signatures" since 2005. The actual number is probably significantly higher, the legal search tool I have access to has limited coverage.
Also under US law your signature above wouldn't be considered a digital signature in any of the 50 states. It would be an "electronic signature". Please cite a link that shows the EFF is opposed to the enforcement of digital signatures. Title: Re: The pirate speaks Post by: reeses on September 20, 2012, 03:36:09 PM Reese it has been tested in court. I found 38 notable court cases in the US related to the enforcement of "digital signatures" since 2005. The actual number is probably significantly higher, the legal search tool I have access to has limited coverage. Also under US law your signature above wouldn't be considered a digital signature in any of the 50 states. It would be an "electronic signature". Please cite a link that shows the EFF is opposed to the enforcement of digital signatures. I invite you to cite these 38 notable cases that refer to cryptographic signatures. Title: Re: The pirate speaks Post by: reeses on September 20, 2012, 03:44:46 PM Would love to see Pirate explain how he was hacked and did not know about ponzi and or scam for a year... Pirate or non-Pirate (I won't get into whatever is going on there), a person would have a serious problem attempting to claim that they were not the originator of the email, because perjury is just another pain in the ass to deal with later. It might work if you can use a Jedi Mind Trick to create a cloud of confusion and doubt over a few emails or forum posts with IP addresses in the headers. However, honestly, if all you have is a couple emails, it's unlikely that it will even go to trial. You would need to show financial transactions, a pattern of fraud, and the usual criminal evidentiary support of motive, opportunity, and intent. Individual emails, and especially any PGP signing, are really quite immaterial. If the case does in fact hinge on the emails, the prosecutor will either continue to investigate (if he or she believes there is a case), offer a plea, or refuse to litigate. Title: Re: The pirate speaks Post by: zaj on September 20, 2012, 05:49:35 PM just hope he starts paying out so we can all forget about this huge mess and go on with our lives.
Title: Re: The pirate speaks Post by: wachtwoord on September 20, 2012, 05:54:06 PM just hope he starts paying out so we can all forget about this huge mess and go on with our lives. +1 Title: Re: The pirate speaks Post by: Blind on September 20, 2012, 06:36:04 PM just hope he starts paying out He will only pay if you make him to, don't count on good will. |
