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Title: Who got paid from scammer Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: EskimoBob on September 09, 2012, 09:35:10 AM Did you get paid from Matthew N. Wright famous bet?
https://bitcointalk.org/index.php?topic=102918.0 https://bitcointalk.org/index.php?topic=101751.0 Or did you pay Matthew? Please wait, until the time is up and then start posting. Update: This is the correct counter: http://www.timeanddate.com/countdown/generic?iso=20120910T004920&p0=235&msg=End+of+Matthew%27s+Bet As of now, there is 0 confirmation, that the biggest scumbag of them all, pirateat40, has transferred any coin he stole. Matthew is MIA too? :) Title: Re: Who got payd from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: EskimoBob on September 09, 2012, 09:35:52 AM reserved
Lucky winners/losers list. Will update, when the time is up. Total 79947,58114457BTC Code: riX2000 15000BTC 14iomWwn8ZP3tHTVCFrGw4ifdJQk2xFtTf Title: Re: Who got payd from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: smoothie on September 09, 2012, 09:38:57 AM Bet hasn't ended. Will post once I get paid if he loses.
Title: Re: Who got payd from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: bitlane on September 09, 2012, 09:42:15 AM Are you guys certain that you are clear on the terms of the bet ?
Title: Re: Who got payd from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: smoothie on September 09, 2012, 09:44:29 AM Are you guys certain that you are clear on the terms of the bet ? I'd say there is much more transparency in Matthew's bet than Pirate's Bullshit and Trust. Title: Re: Who got payd from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: bitlane on September 09, 2012, 09:46:12 AM I'd say there is much more transparency in Matthew's bet than Pirate's Bullshit and Trust. There. You said it, not me. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Chang Hum on September 09, 2012, 11:19:39 AM Who's riX2000 at the top of the list with a 15000 bet? I just did a member search and it shows he registered 2 days ago and has no posts!
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Dansker on September 09, 2012, 11:35:38 AM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing.
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: smoothie on September 09, 2012, 11:41:07 AM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. LOL what do you bet? Seems like many still can't put their money where their mouth is. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Cluster2k on September 09, 2012, 11:50:12 AM Whatever happens, it will be fascinating. Popcorn at hand, waiting for the outcome.
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: greyhawk on September 09, 2012, 11:50:52 AM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 11:52:38 AM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 11:59:37 AM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community.I still say this doesn't quite meet the requirements for a "scam." (The conditions of the bet require that if he doesn't pay, he be tagged a scammer, though, I'm not disputing that, or that he should be.) Matt isn't defrauding anyone, even if he just posts "AHAHAHAHAHAHAHAHAAAAAA!" and logs off, never to be seen again. Welching on a bet is a dick move, but not a scam. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: BIGMERVE on September 09, 2012, 12:01:11 PM Who can blame him, he lost a lot of money to Pirate and needs to recoup his losses. Simple really.
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 12:04:03 PM Matt isn't defrauding anyone, even if he just posts "AHAHAHAHAHAHAHAHAAAAAA!" and logs off, never to be seen again. Welching on a bet is a dick move, but not a scam. Why the hell do you think this is not defrauding anyone? He defrauded all parties who have entered his contract. He set up the contract with the knowledge that he doesn't have the money and with the intent to never pay out, but pocket possible winnings.To me, that is clear fraud. A clear scam. But perhaps in libertopia, things are different. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 12:05:32 PM Matt isn't defrauding anyone, even if he just posts "AHAHAHAHAHAHAHAHAAAAAA!" and logs off, never to be seen again. Welching on a bet is a dick move, but not a scam. Why the hell do you think this is not defrauding anyone? He defrauded all parties who have entered his contract. He set up the contract with the knowledge that he doesn't have the money and with the intent to never pay out, but pocket possible winnings.To me, that is clear fraud. A clear scam. But perhaps in libertopia, things are different. Did you see a contract? I saw a forum post, not even gpg signed. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 12:06:08 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter.
A contract is nothing but an agreement between parties. If Matthew entered the agreement with the intent to never honor it, he is a scammer. Simple. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 12:07:43 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Bitcoin Oz on September 09, 2012, 12:09:58 PM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. Pretty much. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 12:10:32 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. Wow, I'll be sure to never do business with you then if you think this is not a contract, not binding, and not adhering to it is not a scam. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Scott J on September 09, 2012, 12:11:18 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 12:14:00 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. Wow, I'll be sure to never do business with you then if you think this is not a contract, not binding, and not adhering to it is not a scam. Just make sure I sign any contracts you make with me, and escrow any "bets." ;) Best practices, in other words. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: greyhawk on September 09, 2012, 12:17:22 PM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. Yes. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 12:21:47 PM Well, I can't say that the most successful bitcoin ventures haven't consisted of hacking, stealing and defrauding people. It's easy, risk free and extremely lucrative. Kind of too good to be true. ;D
If it's true and people don't find a way to make it more risky (find and punish some of the criminals, for instance), I guess Bitcoin would constitute a negative sum game in which all honest participants lose. I wonder how long such a thing could last. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: 556j on September 09, 2012, 12:41:38 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. I guess you never heard of oral contracts http://en.wikipedia.org/wiki/Oral_contract Quote In general, oral contracts are just as valid as written ones just words, herp derp. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 12:45:24 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. I guess you never heard of oral contracts http://en.wikipedia.org/wiki/Oral_contract Quote In general, oral contracts are just as valid as written ones just words, herp derp. I'm sorry, I didn't hear you. http://dictionary.reference.com/browse/oral?r=75&src=ref&ch=dic Oral herp derp. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: AndrewBUD on September 09, 2012, 12:46:23 PM So Matt lost? I want me bit dollar :)
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Bitcoin Oz on September 09, 2012, 12:50:02 PM Well, I can't say that the most successful bitcoin ventures haven't consisted of hacking, stealing and defrauding people. It's easy, risk free and extremely lucrative. Kind of too good to be true. ;D If it's true and people don't find a way to make it more risky (find and punish some of the criminals, for instance), I guess Bitcoin would constitute a negative sum game in which all honest participants lose. I wonder how long such a thing could last. Its pretty much dead for me now for that reason. Im not interested in promoting a system where the richest people are scammers and my efforts go towards making them richer. I may as well use fiat in that case :D Litecoin at least doesnt have one scammer with 2.5% of all the coins in existence. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: 556j on September 09, 2012, 12:52:45 PM I'm sorry, I didn't hear you. http://dictionary.reference.com/browse/oral?r=75&src=ref&ch=dic Oral herp derp. Was pointing out things don't need to be singed to be binding. Especially if witnessed which Matthew's bet has been by many people. You can agrue semantics but you just come off as a douche, especially with the dictionary link in true 14 year old internet king style. Replace oral with verbal and see what you find, here I'll even help you "written or spoken". Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Cluster2k on September 09, 2012, 12:52:53 PM If it's true and people don't find a way to make it more risky (find and punish some of the criminals, for instance), I guess Bitcoin would constitute a negative sum game in which all honest participants lose. I wonder how long such a thing could last. It's a bit like playing in a rigged poker game. Eventually the honest players realise what's going on and leave the table, leaving the stunned co-conspirators aghast that no one wants to play with them any more. Bitcoin tends to hit the popular media for all the wrong reasons (drugs / hacks / scams). People wanting to use it for something else may wonder if there's any point. We don't want to head down that road. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: N12 on September 09, 2012, 12:53:06 PM Well, I can't say that the most successful bitcoin ventures haven't consisted of hacking, stealing and defrauding people. It's easy, risk free and extremely lucrative. Kind of too good to be true. ;D If it's true and people don't find a way to make it more risky (find and punish some of the criminals, for instance), I guess Bitcoin would constitute a negative sum game in which all honest participants lose. I wonder how long such a thing could last. Its pretty much dead for me now for that reason. Im not interested in promoting a system where the richest people are scammers and my efforts go towards making them richer. I may as well use fiat in that case :D Litecoin at least doesnt have one scammer with 2.5% of all the coins in existence. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: EskimoBob on September 09, 2012, 01:02:02 PM 2 pages of irrelevant crap as expected :(
Closing the thread until the time is up and heads can roll... or not. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 01:02:44 PM I'm sorry, I didn't hear you. http://dictionary.reference.com/browse/oral?r=75&src=ref&ch=dic Oral herp derp. Was pointing out things don't need to be singed to be binding. Especially if witnessed which Matthew's bet has been by many people. You can agrue semantics but you just come off as a douche, especially with the dictionary link in true 14 year old internet king style. Replace oral with verbal and see what you find, here I'll even help you "written or spoken". My point is that you shouldn't trust the words of an anonymous person on the internet. Matt could easily claim he was hacked, and never agreed to any of that. Why? Because the "contract" wasn't signed. There's no proof that he agreed to it. Yes, a verbal agreement can be binding. If you can prove it was me that said what I said (a third party as witness is usually sufficient). Anybody sit over Matt's shoulder and watch him post that bet? Just in case it got lost in the shuffle, I'm not saying Matt's bet is void. But the fact that you consider an internet forum post binding and worthy of making financial decisions upon is just fucking laughable. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 03:31:28 PM Well, I can't say that the most successful bitcoin ventures haven't consisted of hacking, stealing and defrauding people. It's easy, risk free and extremely lucrative. Kind of too good to be true. ;D If it's true and people don't find a way to make it more risky (find and punish some of the criminals, for instance), I guess Bitcoin would constitute a negative sum game in which all honest participants lose. I wonder how long such a thing could last. Its pretty much dead for me now for that reason. Im not interested in promoting a system where the richest people are scammers and my efforts go towards making them richer. I may as well use fiat in that case :D Litecoin at least doesnt have one scammer with 2.5% of all the coins in existence. Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: DeathAndTaxes on September 09, 2012, 03:35:50 PM The forum post and agreement to enter the bet qualifies as contract. GPG or not doesn't matter. Contracts need to be signed, or else they're just words. The signature proves that you agreed to it. Well no signatures are not required for contracts. When you signed up for cable TV did the CEO of your cable company come over to your house and sign the contract in person? I am guessing not. You will do have a service contract with the cable company. Still the use of the word contract is this case is likely excessive. Matt had an agreement, an agreement that he failed to honor. Yeah I am going to go way out of the limb and say neither Pirate nor Matt are going to pay giant sums they never had the intent of repaying in the next however many minutes remain. Still it wasn't completely useless, I did learn I should never do business with myrkul, as he seem to think that evading the intent of the agreement is ok as long as you don't evade the technical requirements. Thanks. Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: bitlane on September 09, 2012, 03:38:29 PM I think that Matthew has been working with Al Qaeda this whole time. I almost have enough proof to tie him to the September 11th Terror attacks. I just need to confirm if he has his pilot's license or not.
Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: DeathAndTaxes on September 09, 2012, 03:40:18 PM Litecoin at least doesnt have one scammer with 2.5% of all the coins in existence. What 500K? The 500K was simply paper profits. It never existed. If you think the 500K existed you must think Pirate now has 640K BTC and in a month he 838K BTC and in a year he will have will have 28.2 million BTC. Pirate never had and likely never will have 500K BTC. Hell Pirate probably was enough of a retard that all his profit from the ponzi-passthrough was in the zeek ponzi when it collapsed. Pirate's coins are being held by other people totally unrelated to the scam. How? He accepted bitcoins, sold them on exchanges and OTC for USD which he like an idiot put into another ponzi calling it a "biz". BTC moves from weak hands to stronger hands. Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: AndrewBUD on September 09, 2012, 03:44:24 PM Good job......... Now where is my dollar :)
Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 09, 2012, 03:46:00 PM Still it wasn't completely useless, I did learn I should never do business with myrkul, as he seem to think that evading the intent of the agreement is ok as long as you don't evade the technical requirements. Thanks. No, I will hold to the spirit, as well as the letter, of any deal I make. Because I don't expect matt to isn't indication that I wouldn't. As you said, the use of "contract" here is excessive. Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: chungenhung on September 09, 2012, 03:52:24 PM I have not been paid.
Title: Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 03:53:38 PM I have not been paid. Ditto. I'll give it an hour. Hopefully theymos is on the scammer tag business and we can go find his house.Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 04:12:02 PM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. No, the lesson is don't be stupid with your money [...] Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 04:23:02 PM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. No, the lesson is don't be stupid with your money [...] If you want to pay someone to protect you with charge back functionality, let me direct you to some of these fabulous services. https://www.paypal.com/ http://www.mastercard.com/index.html http://usa.visa.com/index.html Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: AndrewBUD on September 09, 2012, 04:25:06 PM Scammer tag has been given to Matthew
Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 04:33:23 PM I bet there will be a repeat of the pirate-default. A lot of FUD and then nothing. Exactly. What will happen when Matt doesn't pay? Nothing at all. And THAT is his lesson to the community. No, the lesson is don't be stupid with your money [...] If you want to pay someone to protect you with charge back functionality, let me direct you to some of these fabulous services. https://www.paypal.com/ http://www.mastercard.com/index.html http://usa.visa.com/index.html So don't do business with the anonymous? I've bought and sold hundreds of items online (not with Bitcoin) and have never been scammed once. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: smoothie on September 09, 2012, 04:35:51 PM Perhaps we can refer to Matthew as Atlas version 2?
LOL Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 04:36:48 PM [removed a huge quote pyramid] So, what's the difference? Why all the BTC scams?So don't do business with the anonymous? I've bought and sold hundreds of items online (not with Bitcoin) and have never been scammed once. Because people voluntarily hand their CASH over to random internet identities. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: bitlane on September 09, 2012, 04:38:37 PM Perhaps we can refer to Matthew as Atlas version 2? LOL Atlas 2 is already MINE !. Matthew would need to be Atlas 3 Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: DeathAndTaxes on September 09, 2012, 04:40:29 PM [removed a huge quote pyramid] So, what's the difference? Why all the BTC scams?So don't do business with the anonymous? I've bought and sold hundreds of items online (not with Bitcoin) and have never been scammed once. Because people voluntarily hand their CASH over to random internet identities. What non-bitcoin cash like systems are there? Liberty Reserve? Plenty of the same scams and HYP nonsense around Liberty Reserve. As long as people will hand scammers giant piles of irreversible cash there will be scammers. That simple. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 04:52:51 PM [removed a huge quote pyramid] So, what's the difference? Why all the BTC scams?So don't do business with the anonymous? I've bought and sold hundreds of items online (not with Bitcoin) and have never been scammed once. Because people voluntarily hand their CASH over to random internet identities. What non-bitcoin cash like systems are there? Liberty Reserve? Plenty of the same scams and HYP nonsense around Liberty Reserve. As long as people will hand scammers giant piles of irreversible cash there will be scammers. That simple. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: teflone on September 09, 2012, 04:58:15 PM The history of the stock market and ways in which people ran their stocks and the insider trading and things of the such are identical to whats happening with bitcoin now..
All the old tricks are new again, and unregulated.. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Technomage on September 09, 2012, 05:00:15 PM You are only hearing from the vocal minority on one forum. There are plenty of legitimate Bitcoin transactions between responsible people every day! We simply don't go posting ten threads about every successful transaction on the forums. +1 Very good point. If you go google about reviews or feedback of pretty much any kind, you'll soon find out that the complainers are much more vocal than those that had a good experience. This same effect is very clear in the Bitcoin world, scams attract a lot of attention and business as usual doesn't. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 05:14:01 PM This slew of scams, however, makes me wonder if people are stupid enough that they need the regulations and consumer protections. Very troubling. You are only hearing from the vocal minority on one forum. There are plenty of legitimate Bitcoin transactions between responsible people every day! We simply don't go posting ten threads about every successful transaction on the forums. and not in a single case were there any repercussions. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: bg002h on September 09, 2012, 05:15:18 PM Scammer tag has been given to Matthew Now that he has a scammer tag, he doesn't need to pay. Brilliant. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: DeathAndTaxes on September 09, 2012, 05:17:27 PM Hmm. Now you're making me wonder. My ideology says that a bitcoin-like system is better, due diligence is due, we shouldn't bail out investors by printing money, I shouldn't be forced to pay for other people's ignorance, etc. This slew of scams, however, makes me wonder if people are stupid enough that they need the regulations and consumer protections. Very troubling. I don't thinks so but you have to realize most consumers have been sheltered by the state protecting them from any possible bad decision on their part for a very long time. Even CC rules means you can be incredibly stupid and still never lose a single penny. It will take time and reputation does matter. Do you think say NewEgg or Amazon would be any more risky paying with Bitcoin instead of CC? I don't. Those companies have developed awesome reputation among customers and that is a powerful corporate "asset". I pick NewEgg over say Tiger Direct even if they are a couple bucks more simply because I have never had a problem with them. They always meet or exceed my expectations. Remember Bitcoin is young it is completely different. It isn't just p2p paypal. It will take time for the infrastructure to build up around it. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Fluttershy on September 09, 2012, 05:21:27 PM The title of his bet topic said he'd be giving 100% ROI to people who thought it was a scam. That alone is grounds for making the bet under false pretenses and he should be deemed guilty. I'm sure it would hold up in court.
Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: nimda on September 09, 2012, 05:22:40 PM Hmm. Now you're making me wonder. My ideology says that a bitcoin-like system is better, due diligence is due, we shouldn't bail out investors by printing money, I shouldn't be forced to pay for other people's ignorance, etc. This slew of scams, however, makes me wonder if people are stupid enough that they need the regulations and consumer protections. Very troubling. I don't thinks so but you have to realize most consumers have been sheltered by the state protecting them from any possible bad decision on their part for a very long time. Even CC rules means you can be incredibly stupid and still never lose a single penny. It will take time and reputation does matter. Do you think say NewEgg or Amazon would be any more risky paying with Bitcoin instead of CC? I don't. Those companies have developed awesome reputation among customers and that is a powerful corporate "asset". I pick NewEgg over say Tiger Direct even if they are a couple bucks more simply because I have never had a problem with them. They always meet or exceed my expectations. Remember Bitcoin is young it is completely different. It isn't just p2p paypal. It will take time for the infrastructure to build up around it. The title of his bet topic said he'd be giving 100% ROI to people who thought it was a scam. That alone is grounds for making the bet under false pretenses and he should be deemed guilty. I'm sure it would hold up in court. Playing Asshole's Advocate, nobody gave him any money, and 100% ROI of 0 is 0.Common sense, however, says that he would be guilty in court. Title: Re: In 0 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 10, 2012, 01:02:20 AM This slew of scams, however, makes me wonder if people are stupid enough that they need the regulations and consumer protections. Very troubling. You are only hearing from the vocal minority on one forum. There are plenty of legitimate Bitcoin transactions between responsible people every day! We simply don't go posting ten threads about every successful transaction on the forums. and not in a single case were there any repercussions. I don't know. We can hope that people learn from their mistakes and the percentage of scams versus the percentage of legitimate business reduces over time. I'm not going to let a few scam artists and their marks ruin something like Bitcoin for me. Or just start listening to good advice... Title: Re: Who got paid from scammer Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Coinoisseur on September 10, 2012, 01:05:27 AM A brony has brought up something important, the
Title: Re: Who got paid from scammer Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: BadBear on September 10, 2012, 01:08:27 AM That's not an alternative to paying out, it's a consequence of not paying out. He still hasn't paid and is still a fraud, untrustworthy, deceitful sack of crap.
Title: Re: Who got paid from scammer Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: Coinoisseur on September 10, 2012, 01:13:00 AM Indeed, Badbear, it's a consequence of not paying out directly mentioned in his bet. All the things you've listed are still applicable. I would also add childish and predatory to Matthew attributes.
Alternative was a poor word choice. Wonder if Matthew feels bad for any hedgers no matter how naive, doubtful. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: smoothie on September 10, 2012, 01:20:23 AM Matt isn't defrauding anyone, even if he just posts "AHAHAHAHAHAHAHAHAAAAAA!" and logs off, never to be seen again. Welching on a bet is a dick move, but not a scam. Why the hell do you think this is not defrauding anyone? He defrauded all parties who have entered his contract. He set up the contract with the knowledge that he doesn't have the money and with the intent to never pay out, but pocket possible winnings.To me, that is clear fraud. A clear scam. But perhaps in libertopia, things are different. This is 100% accurate. If pirate had paid, MNW would have successfully stolen nearly a million dollars. That's enough to land you in jail. Sorry this is off-topic...how many bitcoins did you buy when they were $0.06 each? That must have been awesome back in those days. Title: Re: Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: myrkul on September 10, 2012, 01:43:42 AM Matt isn't defrauding anyone, even if he just posts "AHAHAHAHAHAHAHAHAAAAAA!" and logs off, never to be seen again. Welching on a bet is a dick move, but not a scam. Why the hell do you think this is not defrauding anyone? He defrauded all parties who have entered his contract. He set up the contract with the knowledge that he doesn't have the money and with the intent to never pay out, but pocket possible winnings.To me, that is clear fraud. A clear scam. But perhaps in libertopia, things are different. This is 100% accurate. If pirate had paid, MNW would have successfully won. I couldn't find any legal info on making a bet you cannot pay being considered fraud. If anyone can find that for me, I'd be glad to amend my position. Acting in bad faith? Yes. Slimy contract trickery? Yes. Fraud? No. That said, scammer tag or not, Matt should be held to the spirit as well as the letter of his agreement, and expected to pay up. This was very bad form. Title: Re: Who got paid from scammer Matthew N. Wright famous bet : 0/112 Total 0/79947.58 Post by: EskimoBob on September 10, 2012, 08:31:19 AM This thread has become useless and I am closing it for good.
Matthew N. Wright is a scammer and there is no ifs, and's, or but's about it. PS! Watching Judging Amy, Suits or any other crappy law fiction will not make you a lawyer ;) |