Bitcoin Forum

Economy => Securities => Topic started by: Tomatocage on July 10, 2012, 04:20:21 PM



Title: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 10, 2012, 04:20:21 PM
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: vokain on July 10, 2012, 04:25:56 PM
either your principal could disappear anytime or you could get 25 bitcoins/week :p

sounds like roulette!


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Sukrim on July 10, 2012, 04:31:49 PM
In other news: If you "invested" in MMM instead, you'd have earned even more than 25 BTC! ::)

Edit:
Please take your frustration elsewhere by the way.
If I had "invested" in pirate's "bank" earlier on, I'd have a lot more than 25 BTC more currently. I didn't. That's life.

Stand behind your own decisions and don't blame others!


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 10, 2012, 04:41:31 PM
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.

So does that mean your out for good?

Not necessarily.  Out for now though.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 10, 2012, 04:44:24 PM
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.

So does that mean your out for good?

Not necessarily.  Out for now though.

Don't listen to the fud.  There's money to be made.

Yeah, I put a sizable chunk of my BTC into Litecoins, which promptly tanked and lost 40% value.  lol FML.  Fucking Vandroiy.  I should have stayed with Pirate.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Lumpy on July 10, 2012, 04:44:59 PM
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 10, 2012, 04:47:20 PM
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.

Yeah, that's true.  But missing out on 25 BTC this week, plus LTC tanking... it helps if I have someone to blame.  So if I walk out to my car after work today and it has a flat tire, damn skippy I'm blaming Vandroiy lol


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Philj on July 10, 2012, 04:47:33 PM
Every time I saw a post from Van I went and put more coins with Pirate. Thanks to those that sold tygrr PPT low, and the various pass through operators.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Lumpy on July 10, 2012, 04:50:12 PM
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.

Yeah, that's true.  But missing out on 25 BTC this week, plus LTC tanking... it helps if I have someone to blame.  So if I walk out to my car after work today and it has a flat tire, damn skippy I'm blaming Vandroiy lol

Fair enough. ;)


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: GeoRW on July 10, 2012, 09:06:49 PM
I just bought some cheap bonds at 1 BTC, but decision point comes later at the end of this month. The question is if this trust account setup is not the last attempt to lure investors and take/steal as much BTC as possible before pirate shuts down the operation and defaults  ;D


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Raoul Duke on July 10, 2012, 10:09:05 PM
I just bought some cheap bonds at 1 BTC, but decision point comes later at the end of this month. The question is if this trust account setup is not the last attempt to lure investors and take/steal as much BTC as possible before pirate shuts down the operation and defaults  ;D

Dude, he's not going anywhere.  Pirates here to make this community a better place.

STFU The less people who deposit the better. maybe he'll have to raise the interest rates ;) ;D


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: the joint on July 10, 2012, 10:34:54 PM
I already know it's possible to make 7% on deposits legitimately.

Why run a ponzi paying 7% when you can run a legit business paying 7%?

Gotta love the extra cash flow  8)


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 17, 2012, 04:11:34 PM
So far I'm out a total of ~52 BTC because I pulled out.  Today's dividend went through flawlessly, as usual.  Thanks Vandroiy!

For the record, I planned on getting out anyway at the end of July.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: bitclown on July 17, 2012, 06:00:30 PM
I lost millions by following Vandroiy's advice not to play the state lottery. >:(


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: nimda on July 18, 2012, 01:41:58 AM
I lost millions by following Vandroiy's advice not to play the state lottery. >:(
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: finkleshnorts on July 18, 2012, 01:59:12 AM
I pulled out when the flamewar broke out. I haven't once considered going back in. I just hate losing sleep over it.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Lumpy on July 18, 2012, 06:10:23 AM
I lost millions by following Vandroiy's advice not to play the state lottery. >:(
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.

*cough* pastperformanceisnotanindicationoffutureresults *cough*


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Sukrim on July 18, 2012, 08:28:18 AM
As I said, the MMM ponzi has paid out every time so fasr as well and they have far superior interest rates even to pirate - you lost much more by not "investing" there!


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: nimda on July 18, 2012, 02:46:20 PM
I lost millions by following Vandroiy's advice not to play the state lottery. >:(
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.

*cough* pastperformanceisnotanindicationoffutureresults *cough*
That's entirely irrelevant. Pirate DID pay last Monday, so anyone who didn't have coins with him missed out on the interest.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: nimda on July 18, 2012, 03:29:31 PM
Uncle reeses will never steer you wrong.
So do I buy or sell?


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: rjk on July 18, 2012, 03:36:37 PM
He didn't say he would steer you at all, either. ;D


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: foggyb on July 18, 2012, 03:50:43 PM

Yeah, I put a sizable chunk of my BTC into Litecoins, which promptly tanked and lost 40% value.  lol FML.  Fucking Vandroiy.  I should have stayed with Pirate.


Bro.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: elux on July 18, 2012, 04:18:23 PM
How much will you bescurvied boatswain lose if you don't listen to Vandroiy?

Ponzi is a hell of a drug. That's sorta why it works.

The exhilarating ride to glory! Bounty beyond imagination! The thrill! The rush!

Can this ship sail for another year? Every midshipman and sailor shall be a millionaire!

Yet in this thralling dream, you somehow know, the final port is that of ruin and despair.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: CoinCidental on July 19, 2012, 04:20:08 PM
Uncle reeses will never steer you wrong.
So do I buy or sell?

You should buy cheesy poofs.  And then increase the scarcity of the CP market by eating them, removing them from circulation.

Wash your hands before typing unless you have cheesy poof tongs or cheesy poof gloves.

For everybody who cashed out of pirates deal in a blind panic  ,think about what your losing  on sitting on the coins  now

i have reasonable assets invested with pirate and his sub investors and have  enough confidence he can pull it off for some time more  ,even if he drops the rates a bit

if i was sitting on my coins ,i would miss a nice payday every week

and its more interesting to watch history in motion when you have some vested interest in it

even if it does turn out to be a ponzi scheme ,they can run for a long time (even in the real world with real currency and regulations  )

 Since bitcoin is not legally  a currency yet  nobody will likely  investigate so there may be many more successful payoffs before it collapses (if pirate is lying  to everyone and the interest is coming from illigitmate  means  )

Early adopters  cashing out arguably  helps the ones who stay in since there is less people to distribute the money deposited from the new people with

my 0.02 :)


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: silverbox on July 19, 2012, 04:25:16 PM
Uncle reeses will never steer you wrong.
So do I buy or sell?

You should buy cheesy poofs.  And then increase the scarcity of the CP market by eating them, removing them from circulation.

Wash your hands before typing unless you have cheesy poof tongs or cheesy poof gloves.

Dude.. embrace the cheesy poofness, just let that shit get everywhere!!


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 23, 2012, 11:48:35 PM
How much this week?   :P

Dunno yet, but I'll post up tomorrow morning.  Who knows, maybe one of these weeks I'll be posting "THANK YOU VANDROIY for saving my ass!"  Like I said, I planned on getting out at the end of July anyway, so we'll see how it turns out next Tuesday morning.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Littleshop on July 24, 2012, 12:28:53 AM
How much this week?   :P

Dunno yet, but I'll post up tomorrow morning.  Who knows, maybe one of these weeks I'll be posting "THANK YOU VANDROIY for saving my ass!"  Like I said, I planned on getting out at the end of July anyway, so we'll see how it turns out next Tuesday morning.

I have a feeling after a number of people meet him next weekend in Vegas, a lot of confidence will be put back into BCST.  But let's see.

It will be very interesting.  That to me is the end game if it is a scam, and if it is not, basically we should know by people meeting him and the continued payouts. 

By the way, if he changed (dropped) interest rates and sent back many deposits I would not consider that a scam. 


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 24, 2012, 06:03:47 PM
How much this week?   :P
Ok, according to my spreadsheet I would have been up ~81 BTC had I not pulled out when Vandroiy started crying wolf.  I think I may put some back in and let it ride til new years eve.  


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Tomatocage on July 24, 2012, 06:41:24 PM
Own it.  You would have been up 81BTC if you hadn't been gullible and easily swayed by someone's rhetoric.  I bet you bought a Tamagotchi, a Tickle Me Elmo, and a Furby, didn't you?

Stop blaming Vanderlay, Pirate, or anyone else for your stupid decisions.  You'll be a victim all your life.  Own that you are stupid.  Look in the mirror each morning and say,"I lost the opportunity to make ≥USD700 because I am stupid, wishy-washy, and easily influenced."
That probably sounded better in your head, didn't it?


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Frankie on July 24, 2012, 07:15:43 PM
Since bitcoin is not legally  a currency yet  nobody will likely  investigate so there may be many more successful payoffs before it collapses (if pirate is lying  to everyone and the interest is coming from illigitmate  means  )

Early adopters  cashing out arguably  helps the ones who stay in since there is less people to distribute the money deposited from the new people with

my 0.02 :)

While it is true that early adopters can win in a Ponzi scheme, it is not true that cashing out helps prolong the scheme. Cashouts take their principal, and when money flowing out exceeds money flowing in, it is rational for the scammer to default.

You're also right that Ponzi schemes can last for a long time.  One one Second Life lasted over two years. http://secondthoughts.typepad.com/second_thoughts/2007/08/ginkos-goinggoi.html 

But schemes don't normally have interest rates this insane. For example, "only" 1% per week is the typical payout of a Ponzi scheme. The ridiculously high rate of Pirate's Ponzi makes it especially susceptible to cash-outs. Given the noticeable decline in the "investment" on, for example, PPT markets, I think it's fair to say we're very close to the endgame right now.

Honestly, I think "investors" posting in threads like these are cynically hoping that Pirate catches enough more suckers that they can be one of the winners.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Raize on August 19, 2012, 11:06:52 PM
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Raoul Duke on August 19, 2012, 11:08:41 PM
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: elux on August 19, 2012, 11:14:05 PM
At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Whoosh! (http://www.urbandictionary.com/define.php?term=whoosh) Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40. ;)


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Raoul Duke on August 19, 2012, 11:16:23 PM
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40.

I don't know. The only way I see it is: better to have 2000 BTC than 1000 BTC.


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: PatrickHarnett on August 20, 2012, 02:02:47 AM
At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Whoosh! (http://www.urbandictionary.com/define.php?term=whoosh) Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40. ;)

what have $$ got to do with it??

I agree with psy, better to have 2000BTC than 1000BTC


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: CoinCidental on August 20, 2012, 03:56:00 AM
if there was an unlimited supply ,coin value would be a more important  factor

since the supply is capped at 21 mil ,you would be in a far stronger position
with 2000 than 1000

effectively owning twice as much of the economy


Title: Re: How much BTC have you lost out on because you listened to Vandroiy?
Post by: Frankie on August 29, 2012, 01:53:07 PM
How much this week?   :P
Ok, according to my spreadsheet I would have been up ~81 BTC had I not pulled out when Vandroiy started crying wolf.  I think I may put some back in and let it ride til new years eve.  

How'd that work out?

Anyone want to start a "Thank you Vandroiy" thread?