Goat, I apologize for being a douche to you..... I only NOW realize that you are getting fucked just like everyone else, or perhaps worse from the requests of Trendon.
Thanks, it really does suck getting fucked up the ass from someone you trusted... ..and assholes such as myself don't add to the 'discomfort' I am sure. I HONESTLY thought his game was Realestate/Loans etc in the REAL world and I fell for it hook, line and sinker. Where are you located Bitlane? out of sheer curiousity...... |
|
|
|
goat, thanks for posting that.
and now i realize why certain people kissed so much ass to pirate and will continue to do so
in hopes of getting a few btc back.
i have no idea why pirate thinks he can "be safe" and "sound" after all this. it is like he has no
conception what people are willing to do to get pay back one way or another. I have seen some
messed up things over so little let alone this.
3-5 million is untraceable funds makes for a pretty easy disappearance. He could go live in Jamaica the rest of his life and none of his lenders could ever find him. um. you really think someone who does not give a fuck will just let that go? will not terrorize anything related to pirate in any shape or form? i guess if pirate does not give a crap about his family and friends.. sure that is possible. this idiot is still on irc spouting off nonsense like it is a game. almost like he is oblivious to repercussions and consequences. to be so dumb to think this will "just go away" and showing up in vegas was just an exciting adventure. this ain't a movie. his parents are not past away, no grand parents, no siblings, no friends for the last decade. this is more then likely an IT nerd with a shady background (drugs) who has no idea how this will play out. A lot of people talk big on the interwebs. Very, very few have the balls or the ability to follow through on threats. I will believe it when it happens. Most (and I will bet all) will shirk off to the corner, nurse their wounds, and hope legal remedies will get something back. I doubt even Bitlane will go break his legs in exchange for 20 years in prison. |
|
|
|
3-5 million is untraceable funds makes for a pretty easy disappearance.
He could go live in Jamaica the rest of his life and none of his lenders could ever find him.
Truly "Disappearing" is a lot harder than it seems. Very few people manage to pull it off when there are lot of people looking for them. People who have family have a VERY difficult time truly disappearing. I'm pretty sure he will not be disappearing, I'm pretty sure he wants to play lawyer games. You broke bread with this man (used loosely) less than 2 months ago, yes? And here he is bending you over for all to see. Takes a real fuck-head to pull that off. |
|
|
|
goat, thanks for posting that.
and now i realize why certain people kissed so much ass to pirate and will continue to do so
in hopes of getting a few btc back.
i have no idea why pirate thinks he can "be safe" and "sound" after all this. it is like he has no
conception what people are willing to do to get pay back one way or another. I have seen some
messed up things over so little let alone this.
3-5 million is untraceable funds makes for a pretty easy disappearance. He could go live in Jamaica the rest of his life and none of his lenders could ever find him. That number is the amount people claim to have lost, I doubt that is what he got out of it. He probably got less then 2 million as I am sure he paid out a ton of interest. Of course I believe bitcoin will rise in value, so if he lives off $5,000 a month he may not eat into the principle in a USD basis for a long time. I bet the vast majority of deposits were more recent.....the greedy people that could not stand watching others get "rich. It is a powerful emotion and probably dwarfed the initial depositors. |
|
|
|
Pirate actions are totally dubious here.
Technically Goat's bond is a derivative of Pirates investment. Goat is the only investor. That doesn't mean Goat can keep any money from Pirate but the bondholders are creditors of Goat not Pirate. Pirate should pay Goat and then Goat disburses payments to bondholders. My guess is Pirate is using this as a totally lame ass method to reduce his liabilities. He thinks he can negate any debtor who's information he doesn't get before his arbitrary deadline. It also puts Goat between a rock and a hard places. Many of the bondholders will be demanding Goat do what Pirate asks (even if wrong) so they can at least get pennies on the dollar. If Goat resists then he will get blamed.
TL/DR:
Pirate isn't just a scammer he is a fucking sociopath. Even in the very end he is willfully fucking over everyone, even the bond issuers.
Crappy situation to be in Goat. It is going to be lose-lose.
yea, thats about the lines I'm thinking as well, D&T.. The only thing I demand Goat do is to seriously contact his lawyer and find out what he needs to file to stop any further shinanegans. Also, if you need help tracking down any real world info on Trendon, the location or routes of BTC funds, etc etc, hit me up. I've got records inbound now from TX on some things and am available to do further 'research'.. cheers Time to get that crazy statistical software that was used months back by University researchers to prove BTC is not so anonymous. Suddenly the need for something like GPUmax becomes much clearer. |
|
|
|
goat, thanks for posting that.
and now i realize why certain people kissed so much ass to pirate and will continue to do so
in hopes of getting a few btc back.
i have no idea why pirate thinks he can "be safe" and "sound" after all this. it is like he has no
conception what people are willing to do to get pay back one way or another. I have seen some
messed up things over so little let alone this.
3-5 million is untraceable funds makes for a pretty easy disappearance. He could go live in Jamaica the rest of his life and none of his lenders could ever find him. |
|
|
|
Quote heavily cut down from original <pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders. <pirateat40> At his time, all Pirate Pass-Thru operators are required to submit a list of their sub-accounts including; balance, forum / IRC name (or any other way of linking and confirming the account) and Bitcoin withdraw address. Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions. <pirateat40> Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions.Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions. <pirateat40> Principal and interest payments are subject to review. <pirateat40> No timeline or further information is available at this time. This bit is interesting to me, but as has been said, smoke and mirrors abound. It makes me laugh. It is almost identical to the way Bitcoinica handled there shit. We all know how well that went. Simply gave them weeks of extra time to get the hell out of Dodge. Almost like Pirate was paying attention, isn't it? It's almost like this could have been predicted..... |
|
|
|
Quote heavily cut down from original <pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders. <pirateat40> At his time, all Pirate Pass-Thru operators are required to submit a list of their sub-accounts including; balance, forum / IRC name (or any other way of linking and confirming the account) and Bitcoin withdraw address. Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions. <pirateat40> Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions.Payments will be processed directly by Bitcoin Savings & Trust to Pirate Pass-Thru sub-accounts upon verification and cleared of any outstanding conditions. <pirateat40> Principal and interest payments are subject to review. <pirateat40> No timeline or further information is available at this time. This bit is interesting to me, but as has been said, smoke and mirrors abound. It makes me laugh. It is almost identical to the way Bitcoinica handled there shit. We all know how well that went. Simply gave them weeks of extra time to get the hell out of Dodge. |
|
|
|
Yes.
We'll see if he pays though.
I wish there was an emoticon for laughing hysterically.  Thanks for the assist! |
|
|
|
Yes.
We'll see if he pays though.
I wish there was an emoticon for laughing hysterically. |
|
|
|
Clearly this is some very odd and some bad news. (less than 1 hour old)
This only brings up more questions than answers. I don't know what is going to happen but it looks to me not great.
Just letting you know...
Hes basically saying "Come at me bro" Yeah, looks like he wants to play with lawyers... Step 1) offer illogical rates of return Step 2) collect 500,000 BTC from complete morons Step 3) Profit! But seriously.....what a brilliant end game. Brilliance in simplicity and execution. Play on the greed of a group of individuals prone to suspend reality, get them to literally SHOVEL Bitcoin at you, wait until the late comers really amp up your deposits, then make your move. That move being lawyer up, obsfucate, and demand info from the private accounts of your pass through operators. How insidiously ingenius! He has you guys by the balls. He holds all the cards, and will probably force a settlement of 20% or less of the owed amount. And honestly, what is your alternative? Get your own lawyer and sue him for stealing your BITCOINS? Do Bitcoins even constitute a tangible item?! 99% of lawyers and prosecutors will laugh you out of their office, yelling after you "good luck finding your magic internet monies!" The real beauty is that even iaf you fools can get a lawyer to take the case, Pirate can simply claim business went bad, he got in too deep, and now must close up shop. Happens every day across America.....and the creditors (you guys) are left holding the bag. Except in those cases, it was probably not so blatantly easy to see the scam. Game. Set. Match. Pirate. |
|
|
|
Yup Here it is
Direct from IRC
[19:54] <@pirateat40> As much as I've tried to meet the deadlines within the community, there're conditions beyond my control which have escalated the process to the point it is today.
[19:55] <@pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders.
Damn I know I should have bet Matthew
I am shocked by this. Seriously. |
|
|
|
I hope you realize, I plan to keep this for a while..... I hope it doesn't begin to make you uncomfortable if it lasts longer than you anticipated......lol
It is very hard to make me uncomfortable..... |
|
|
|
If I give you 2 BTC, will you add "I heart Yochdog" to your profile?!
1BEw3Hj7xwCB1qv5CuU2CHM6i3Hcb92pyh thanks.  YES! sent. |
|
|
|
BURY how? can you please explain? Thanks.
In flowers and Eskimo kisses....now fuck off. If I give you 2 BTC, will you add "I heart Yochdog" to your profile?! |
|
|
|
|
IPO coming September 15th.
Details will be announced September 1st.
Wanted to get a URL from the forum for the listing details.
|
|
|
|
Thank you for not using the service. This allows those of us who do use the service make more money for the same work and it also allows us to monitor our miners quickly and easily.
Speaking of getting paid, Has anyone been paid in the last 36h or so? No....they have been sliding. seems to be every couple days now. |
|
|
|
|
I bid 102 BTC for this debt.
|
|
|
|
|
Bumping this. Looking to purchase 100-200 BTC.
|
|
|
|
|
Show Posts
