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181  Economy / Long-term offers / Re: Bitcoin Savings and Trust on: May 22, 2012, 03:53:17 AM
Pirate was so fast with me, the coins were in my wallet with 144 confirmations before I even asked for them.

That's because every machine that mines shares from GPUMax receives a trojan that is part of the PirateNet.  That's why people saw the fluctuations in their reported hashing before he worked the kinks out of the system.

Didn't you ever notice that "I control your machine," is an anagram of "GPUMax rocks" in Akkadian?  And of course we all know that the Cajuns are the Akkadians who came to America when the Sea Peoples left the Mediterranean after the collapse of Atlantis.

It's one short drive from Cajun country to PirateVille, and now you know why he *really* uses that nom de guerre.

MAHAHAHAHAHA
182  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 11:32:19 PM
Very interesting!

One day I hope to be as successful as you.

All things considered, Bitcoin is a very small market and has tons of room to grow.  Find it before I do and I'll pay you for the idea. Smiley
183  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 11:29:08 PM
He doesn't have to run a Ponzi on his own - my guess is still that he "invests" in some Ponzi/pyramid game like MMM. If you read carefully, he never denied that, only that he doesn't Ponzi himself.

I can't believe I missed this one.   None of my dealing have anything to do with, related to or managed by anyone running a Ponzi scheme.

P.S. I do like how you read between the lines though, you should be a lawyer or one of my public relations people. Smiley
184  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 11:25:18 PM
I have a good question. Could whatever you are doing bring increased awareness to Bitcoin, or is it somewhat confined within the existing community?



That's really a hard question to answer because you never really know how much you're actually doing to drive the market.  I can tell you that GPUMAX alone is used by people in over 80 counties and gamers from all over the world.  While BTCS&T moves more than 300,000 bitcoins a month.  

Now, I could stop for a month and see how the market reacts if you want to test it. Smiley
185  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 11:18:53 PM
Thanks for that. It's the first piece of useful information I've heard from you for weeks. I still have my doubts, but I'll refrain from expressing them any further... for awhile, anyway.

I'm a firm believer in "See it before you believe it." and don't expect anyone, regardless of who they are or what their status is to think any differently.  All I ask is that when you finally understand what I stand for and what I'm trying to accomplish you honestly feel good about what you said and how you responded.

Only time will tell and until then find a comfortable spot on the fence. Smiley
186  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 11:08:32 PM
Lately, there has been an increased amount of pirate passthroughs offered.  Will increased capital make it harder for you to generate the same rate of return?

No, the system in place makes it pretty easy to for me to adapt to large deposits (going back to how much time I want to spend working).  From day one, it has been much easier to manage accounts that rarely move coins than accounts that are constantly moving coins in an out. So before, my limits were adjusted based on the accounts all making the same rate.  Now, the calculations are based on average balances, so those that never move and hold more coins are rewarded with higher returns.  There's also some changes coming soon that will give the approved bond issuers an additional incentive to manage the smaller and more active accounts.
187  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 10:15:45 PM
Does both GPUMAX and BCS&T use the same method to make money?

No, GPUMAX has it's own purchases and wallet.  Like BTCS&T, there seems to be a lot of people that don't know how you can make money paying much higher rates on GPUMAX, but people are catching on and updates coming soon will make it even more popular.  

On that note, the "Hot Wallet" for GPUMAX is emptied after payments come in and deposited into one of my operation wallets for security.  In my opinion, coins are coins regardless of where they come from so before each payment batch is run on GPUMAX the coins are sent from an operating wallet to the payment wallet of GPUMAX.  Accounting wise its pretty easy to manage but not what I want for the public release.  With all the recent hacks of popular sites, I want to make sure everything is perfect before I let "code" manage my wallets.

I hope this answers your question.
188  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 10:02:47 PM
i learned a very simple thing: if something guarantees more than 7% per year it is likely not worth looking into it. they all blow up.

that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..

When I can't make money doing it or just get tired of it, i'll let everyone know.  I promise you there will be a lot of people going "WTF, Damn, why didn't I think of that."

You can't tell me you haven't thought... If I had a Satoshi for every toothpick sold...
189  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 09:54:23 PM
Would you be willing to disclose anything about your actual profit margins over the 7% weekly you pay for the use of funds?

The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context .... Wink

Sure, I net gross 10.65% per week and payout 5.98% on average and it really depends on how much I want to work.  The process has become pretty automated lately which is nice because I can spend more time on my other projects and with the family. Smiley

Thanks for your polite and non-divulging question. Smiley
190  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 09:37:40 PM
Oh, one thing I forgot.  Just more thanks, no more info. Smiley

There are a couple of people that I know doing the exact same thing I do.  One in the states and one in the UK.  Early on they both contacted me within days of each other asking for some tips on how I handled the process.  Now this was after a very detailed description of what they thought I was doing.  Considering they're not in my area and we'd end up helping each other out, I decided I'd lend a hand in getting them off the ground.  We've keep in contact and to-date (based on how many of you have no idea what's going on) they've kept the information I've told them secret and I can't tell you what that means to me.

Now, I never expect anything in return and this is not a call for them to come forward in the least (they know that).  I simply wanted to mention it and say thanks.

Thanks,
191  Bitcoin / Bitcoin Discussion / Re: A day in the life of a pirate. on: May 21, 2012, 07:12:45 PM
Now, on with the show.
You know we can't do that, pirate.

It depends on what show you're referring to.

The "Pirate Show" or the "Ninja Show".  I just wanted to clear up a few things and felt it was time to release a statement.  Believe it or not, either way I couldn't care less.  Tongue
192  Bitcoin / Bitcoin Discussion / A day in the life of a pirate. on: May 21, 2012, 06:55:10 PM
Mods, please move this post if its in the wrong section.  Thanks

Howdy Y'all

So there seems to be an ever-growing list of topics and links regarding information about what exactly I do to pay my lenders.  Most of the information seems to be fabricated by people wearing pointy foil hats.  On the other hand there are a few respected members of the community that seem to have fallen into the FUD world which has become... this forum.  As you can imagine, knowing what I know about what I do, it's been pretty entertaining to watch.  I must admit, I do enjoy the thrill of getting a reaction from some of these nuts, but there does come a time when you have to stop throwing fuel on the fire.

What do I do?  Lots, and you couldn't pay me enough to tell how I do it.  Why?  Cause, as most of you know I've made a lot of money doing this and I'm simply not going to kill a good thing for now.  Currently I don't have to fund any portion of BTCS&T due to my extensive list of lenders and like any professional would tell you... Don't tie up your cash unless you have to.  So if there was enough time-consuming BS going around that drove me to either disclose what I do exactly (and thus kill my profit margins) or fund the operation myself and increase my profit margin, you can imagine which one I'd choose.

At this time, I don't need to make that decision.  I know what I do and have every right to what I disclose about my process.  So, now lets get to the good stuff.

Q - Are you running a drug ring and laundering money for Silk Road?
A - Are you kidding me? I live in the US.  If anything I was doing was illegal, my CPA, attorneys, and scariest... my wife would have my head.  So to make it clear, nothing I'm associated with is illegal.

Q - Are you the mystery Bitcoinica investor?
A - No, although I thought about it early on when I was looking into the different sectors, but coming from forex trading there would be so much I would change that it would be much easier to build it from scratch.

Q - Did you hack Bitcoinica or help to launder the coins?
A - No, as some of you know I have an extensive list of certifications but all of them are networking and datacenter related.  I have business partners that handle all of the coding work and a few friends that fill in the gaps when needed.  Honestly I wouldn't know if stolen coins are being moved in and out of BTCS&T or GPUMAX. We don't have systems in place to check for them nor would I add them, due to the simple fact that I'm not here to police the market, nor do I condone the practice. If someone steals your cash out of your wallet and you have the serial numbers, do you think anyone would care?

Q - Is BTCS&T a Ponzi?
A - Although, theoretically I could have run a Ponzi scheme for a while early on, it just wasn't something I would ever want to be a part of.  If I wanted it to be one, it would have been at much lower rates and I'd be asking for everyone to join.

Q - What's up with the check warrant?
A - Those of you that have contacted me about this knew really early on about it.  The check is for a tiny amount at a Lowe's hardware store in a city I lived in for two years back in 2002-2003.  The check is for some company I have never heard of and haven't been able to find any information about.  My drivers license number was written on the top of the check so it was associated with me.  I didn't hear about this till years later when I was Googling myself and called to find out what it was and attempt to get it fixed.  I just wanted to pay it to clear my record but they required me to confirm some information on the check which I couldn't do and would have to file a police report as well as setup a court date to deal with it.  It just wasn't worth my time and could really care less about it.  If I'm ever out in the desert again and get pulled over, maybe then they'll let me pay it.

I hope this information helps, but I know its not what some of you wanted.  In the end, the only people I care about are my lenders and even then, they don't have to invest with me if they're worried about what I'm doing.

A big thanks to all of my lenders and those that support my projects.  I do sleep sometimes and can't always see everything that is said about me on the forums but I can tell you that it's a breath of fresh air to wake up and see how many of you have my back when I'm not around.  It doesn't go unnoticed and want you to know I'm here and plan to be for a while.

Now, on with the show.

EDIT: There are a couple of people that I know doing the exact same thing I do.  One in the states and one in the UK.  Early on they both contacted me within days of each other asking for some tips on how I handled the process.  Now this was after a very detailed description of what they thought I was doing.  Considering they're not in my area and we'd end up helping each other out, I decided I'd lend a hand in getting them off the ground.  We've keep in contact and to-date (based on how many of you have no idea what's going on) they've kept the information I've told them secret and I can't tell you what that means to me.

Now, I never expect anything in return and this is not a call for them to come forward in the least (they know that).  I simply wanted to mention it and say thanks.

193  Other / Beginners & Help / Re: PirateAt40's Money Laundering Operations: GPUMAX and BST on: May 21, 2012, 02:29:35 AM
*sips his fruity drink on his private island while watching the community make him sound like the Most Interesting Man In Bitcoin.
194  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: May 21, 2012, 01:43:48 AM
  • How can I access my Bitcoins and transfer them?
  • Is there any instant payout?
  • Automatic transfer is not working at all.

1) you wait
2) no
3) you wait

Hi, I did wait. But I can't see any transfers going out neither can't I access my Bitcoins.
Again, HOW do I get paid and when?

When the system is running normally, payments go out once a day for the previous days leased work.  Payments went out today for the last couple days of work.  So if you didn't get paid anything, then you either didn't do any leased work or you started today which means you wont get paid for it til tomorrow.



Guys, seriously.. I have BTCs sitting in my account since 2 weeks almost. And they simply don't get paid and there is no instant payout function.
I know that the BTC "should" get paid daily but I didn't receive anything.

Admin, please check and fix!!

Why don't you send me an email to support@gpumax.com or even a PM with your email address and we could figure out what your issue is.  We would have a LOT of users upset if they were not getting paid.

I'll wait to hear from you.
195  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: May 17, 2012, 12:19:38 AM
  • How can I access my Bitcoins and transfer them?
  • Is there any instant payout?
  • Automatic transfer is not working at all.

1) you wait
2) no
3) you wait

Hi, I did wait. But I can't see any transfers going out neither can't I access my Bitcoins.
Again, HOW do I get paid and when?

When the system is running normally, payments go out once a day for the previous days leased work.  Payments went out today for the last couple days of work.  So if you didn't get paid anything, then you either didn't do any leased work or you started today which means you wont get paid for it til tomorrow.

196  Economy / Trading Discussion / Re: MT.Gox will not release over $26,000 USD on: May 15, 2012, 11:51:29 PM
Inaba, do you care to publicly disclose the source of this 26,000$ USD that you have managed to acquire in bitcoin?

LOL, LMAO... LOL
197  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: May 11, 2012, 11:58:29 PM
Update

Updates are starting to trickle out. 

The following have been published:
  • Pool Active/Inactive
  • Delete Pools

Many more to come, enjoy.
198  Bitcoin / Bitcoin Discussion / Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation on: May 11, 2012, 08:41:15 PM
Somehow I believe that blogpost is fake.

Especially after zhoutong himself said "if" they compensate and the word "shutdown" ...

No official confirmation is making this even more of a joke Shocked

If they had 80% of funds stored offline then surely they would compensate the stolen 20% you would think.

Funds does not equal profit. Sad
199  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: May 08, 2012, 05:18:13 AM
Update

As some have of you have already seen, we've started inviting again.  Site updates are coming soon with the connection issues out of the way.

Enjoy,

200  Economy / Long-term offers / Re: First Pirate Savings and Trust on: May 06, 2012, 10:37:15 PM
LOL, Nope, just buying an island to escape to.

Isn't that kinda feeding the fire ?

You said something else for them to talk about.
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