Title: Re: My 10,000 BTC bet on Pirate Post by: MPOE-PR on October 01, 2012, 02:49:57 PM Quote from: BurtW I am betting 10,000 BTC that BS&T will not fail. The bet is simple. I am putting 10,000 BTC of my own stash into an account at BS&T. If it fails I will lose my bet and my BTC, if it does not fail I will just keep on winning. I will update this thread with the account balance every week so you can see how my bet is going. All of you fine gentlemen who want to take the other side in this bet: 1) Figure out a way to do it (invest in US treasuries?). How you do it is up to you and is your problem. 2) Start your own damn thread for your bet. Quote from: BurtW No change: Code: Week 9: 11,400 How's it going, Ponzi-gang? Title: Re: My 10,000 BTC bet on Pirate Post by: dust on October 01, 2012, 04:54:26 PM I really wish he had just kept it compounding forever :D.
Title: Re: My 10,000 BTC bet on Pirate Post by: MPOE-PR on October 02, 2012, 02:01:31 AM Would have been the truly lulzy thing to do.
Title: Re: My 10,000 BTC bet on Pirate Post by: Vandroiy on October 03, 2012, 01:40:56 PM I really wish he had just kept it compounding forever :D. Just do it then. Compund from week 2 balance, 7% per week. That's how the game was supposed to work, no? Code: Week 9: 11,400 * 1.07^7 = 18305.9 Might be more fun to use Bitcoinmax' 148k "account" and 7.7% weekly. Should have 267909 paper coins now. Ohmigawd, everyone is rich. Edit: Actually, most fun is Pirate's claimed >10% weekly and 500k balance. BS&T "valuation" has just crossed 1 MBTC, rising at a rate of over 10000 BTC every day now! Title: Re: My 10,000 BTC bet on Pirate Post by: BurtW on October 03, 2012, 01:44:01 PM Yes, it looks as if I lost that bet. LOL :'(
Title: Re: My 10,000 BTC bet on Pirate Post by: Vandroiy on October 03, 2012, 02:08:10 PM Yes, it looks as if I lost that bet. LOL :'( Well, I'd say something like "sorry for your loss", but I can't tell whether it actually happened. That's the thing when there's no verified record, aside from outside guesses with block chain heuristics. It's all pretty shady stuff. Edit: I'll start updating here for entertainment of necropost-seekers. Begins with 2012-10-08: Code: Week 10: 11,400 * 1.07^8 = 19587 Code: Week 11 (2012-10-15): 20958 |