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Not really like that. They are treated well and they are paid well. They are like family and I would say they live better lives compared to the majority.
I am bluemosrite. I was hand selected by chairman byron micon to front the newly-formed Team Ukraine on sealswithclubs.eu. I am compensated handsomely. Can you do better? |
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Huzzah to the inventor and developer of BTC, Byron Micon.
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This isn't even a good troll attempt. Christ, show some creativity next time.
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What model should I get. Any dealers accept BTC?
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So its easy to get these returns on paper as long as you naively assume almost everyone will pay you back, but the reality is likely a whole lot different. I will be very curious to see how much of his loans Patrick will be able to recover, considering how many of the people he totally trusted have already defaulted and/or are now branded as scammers.
Patrick scammed himself, unfortunately. I think that's right. My thoughts (not that anyone asked): 1. WifeOfStarfish reads like a sockpuppet to me. If I were Patrick, I'd not want to show this to anyone.More like a meat puppet. |
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Did Harnett default yet? I notice his "wife" hasn't had much to say lately.
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Which model?
Highest priced model that your donations will allow. |
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Please send funds. I'd like to buy a Fiat using BTC.
In America, you find Ponzi.
In Russia, Ponzi finds you.
Learn, chat and play with me on sealswithclubs.eu
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Oh, and Bitcoin Magazine? I ordered copies of the first three issues 6 weeks ago. Bought and paid for with PayPal. Where the fuck are they?
You ordered Bitcoin magazines 6 weeks ago, from some internet company that really doesn't have any established reputation, and have yet to receive them? Oh Boohoo! How terrible for you! I am SOOOOO sorry for your absolute pathetic lemming-like devotion to believing pure bullshit that has become the hallmark of bitcoin. Perhaps your ego that you are so eager to slather your posts with will assist in expediting your delivery  Damn, I just hate it when the obvious sarcasm has to be explained. I was making an allegorical point about priorities. The Matthew issue is a cartoon sideshow, he punk'd the community and held up a mirror so they can see how foolish they look. Pretty smart PR work. My point being that the magazine kiddies should be focusing on the magazine, not playing executioner for the Court of Pissed-Off Bettors. I only want the physical magazines so that I can have them slabbed and graded because they will surely be an historical oddity 20 years from now when "What was the short-lived magazine associated with bitcoin?" is the Final Jeopardy solution. It's a long term investment play, and probably the only place to actually make an honest satoshi in this den of third rate thieves, and first rate victims. A print magazine really is a quaint little oddity at this point, isn't it? |
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...
Matthew Wright's prank, and it was a prank, not a fraud or a scam, since it was obviously never intended to make any money or deprive anyone of money, did teach a lesson, although i'm not sure it was the intended message. ...
I initially held that opinion to some extent, but some here have made some pretty compelling arguments that his initial actions seem to indicate that he started out with some hope of winning the bet. The strongest of these is that he did some of the bets under escrow and what he lost here seems to be a larger amount of money than one would suspect if he were just trying to pull a prank. If the escrow assertions are proven, it does seem to me that in Matthew's twisted mind he had some initial plans which shifted as the situation on the ground evolved. I do wonder if in Matthew's position as the editor of that magazine he ever had any contact with Pirateat40 and thus may have thought he had some info that most people did not? Escrowed bets were lost, correct? So he just gave money away in those cases, since there is nothing that he could have known about Pirate that would make his bet a winner, ever. |
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Of course people are overreacting. Matthew Wright's prank, and it was a prank, not a fraud or a scam, since it was obviously never intended to make any money or deprive anyone of money, did teach a lesson, although i'm not sure it was the intended message. Things that appear to be good to be true almost always are.So just as "business" proposals that promise one percent or more per week "guaranteed" (or even .5 percent per week) can easily and very confidently be rejected out of hand as foolhardy at best and outright ponzis in all likelihood, huge bets, proposed by the obvious losing side, can be very confidently dismissed. You will never collect. The thing that Wright miscalculated was the unintended cruelty of the tack he took. He inadvertently acted like a Nigerian scammer who swoops in after the initial con for the double dip. Some of the same, obviously misguided suckers, who "invested/deposited" with Pirate, looked to this bet as their chance to recoup some or all of their losses (even though anyone who collected 7 percent for a couple of months isn't a net loser). So by teaching his lesson, Matthew extended false hope to some foolish people. It's as if they fell for it all over again. Fools or not, no one deserves to be the victim of a ponzi scheme. Wright's troll went too far, certainly, but he didn't commit a fraud, gambling debts are generally unenforceable in courts, and he did send his message. These sanctimonious open letters and calls for his banishment are silly. He's a clever kid who probably needs to re-think his polemical methods. I apologize for my awkward Englush, I learned mainly by watching hip hoop videos. I work steel compony, Криворіжсталь. https://sealswithclubs.eu/seals-team-pro/ |
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I like this idea because i ghets so highs, man. That is American slang talk.
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Blaming a poker site for your losses is a very reliable tell.
That is why I do not lose. I am team pro Ukraine. I work steel compony. |
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ive been playing poker for over 20 years... and i do fairly well. ive been playing at sealswithclubs for the last few days and i have never been sucked out so often by lesser hands. i will never play anything but a freeroll there again. every time i am heavily favored it never fails that runner runner comes for someone that has no business in the hand.... if you want to have fun and play free rolls thats fine a good...but if youre a serious poker player i recomend staying fAR away from this site.....unreal.
I play on site and man make big suck on me. But then I come under chairman micon's ample bosom and I win. Now I am on newly formed seals team Ukraine. https://sealswithclubs.eu/seals-team-pro/ |
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I think Bryan Micon is quite respected in bitcoin scene.
He is also professional poker player,
Chairman Byron Micon is famous America bracelet man. I am site pro on Team Ukraine. |
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Finally out of the newbie boards...
Seals, you guys are awesome.
tyvm! I am BlueMosrite, Sealswithclubs.eu Team Ukraine Pro. I wholeheartedly endorse this bitcoin poker site. I play there almost daily. Come learn, chat and play with me. I am under the guidance of Chairman Byron Micon and he holds me firmly against his bosom. https://sealswithclubs.eu/seals-team-pro/ |
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So it's ok for Micon to say Patrick is running a scam but not for me to express my opinion on his accusation? What a very even playing field this forum is - not
I think you fail to appreciate the difference between an opinion unsupported by any argument and a reasoned argument. It's not okay to respond to a reasoned argument with a bare opinion and pretend that this in any way invalidates the argument. Do you have any explanation for why, other than it being a scam, your husband is making so much money he can pay unbelievable interest rates yet doesn't have enough money to pay off his own ultra-high interest rate debt? Because the only reason the rest of us can think of is that he's scamming. If there's some other explanation, we don't know it. And all other such schemes in the past have turned out to be scams. There's no point answering this. But there's a point in pretending to? You'll believe what you want to. That's a good one! In case you run short of witty retorts, you may want to add "Says who? and "That's what you think!" to your repertoire. Only wrote this in case my silence was construed as ''hiding something''. I don't know if you're a shill or you've been duped, but there are arguments on the other side that you refuse to either acknowledge of respond to. You simply keep insisting on a position not only in the absence of evidence but against the weight of all evidence. Do you know why your husband needs to borrow other people's money at outrageously high interest rates even though he supposedly has some sure fire way to turn massive profits? Or are you taking his word for it? All logic and reason suggests that someone who had a source of extraordinary wealth would make paying off usurious loans their top priority. I find your behavior extremely bizarre. If you're attempting to vouch for your husband, you need to respond to the substance of the complaints. Your words reflect poorly on yourself - shame on you for bullying me Where is there any bullying? SHAME on you for shilling for and supporting a scam/scammer. |
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On sealswithclubs.eu, you 1000 chips for a bitcoin.
You accidentally 1000 chips? (Ba-dum-tish!) Sorry, couldn't resist.  Edited now, thank you. |
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Byron Micon is the Ponzi Breaker. He jacks fools.
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Hello, Over the last 9 months or so, I have strived to provide the best possible return on EIEIO possible while still keeping it profitable, but in the last 2 months, I’ve made a series of bad decisions and/or had bad luck which has disrupted my plans. - I made an investment in some new hardware which should have added an additional ~25G of fpgas to the existing GPU cluster. I ordered shortly before BFL announced their ASIC plans. The ~25G would have been pure profit and most likely used to purchase asics. Through a series of problems with the distributor, only just shy of 1/3 of the original order shipped and it currently doesn’t perform to spec. I received half of that 1/3 in the last week or so. The rest was refunded to me, but due to the btc to usd price appreciation, there was actually a net btc loss of about 1100 btc. Had I waited a few days longer, I could have used those coins to purchase a MR SC or two and been better prepared. Unfortunately, the contract was already executed.
- I had roughly 1500 btc in btcst that I had slowly grown via purchasing btc, tips from escrowing for people, market making and the like. I had personally set it aside to purchase asic hardware. At this point, I consider that lost as a going concern unless more information should develop.
- I had privately discussed with several individuals the possibility of their making an investment towards the end of this year which would effectively wrap up EIEIO.B and make it a 2 or 3 party affair. As it turns out, the btc they had planned on using for that were invested in pirate, which effectively removes that option with them at this time. It is still possible someone else decides to partner with me, but that is to be determined.
- Difficulty has been growing by about 10% every 2 weeks and it doesn’t seem likely to stop any time soon. This has slowly squeezed the profitability of EIEIO. I’ve been covering the cost of electricity for the last few months out of pocket ($700-800/month) so as to keep up the EIEIO dividend. I failed to adequately plan for and save for the difficulty rises. I certainly didn't expect the large rise as early as it has been.
Effective today, I am suspending dividend payments.The way forward has several options: Wind DownI can wind EIEIO down now and sell the gear. I estimate the value of the gear to be about $13,000 which would yield about 1200 btc at today’s prices, but that is subject to market conditions. I have about 1200 btc in glbse holdings, but due to the lack of bid depth on glbse, it’d take some time to unwind that. It would take me approximately 3 years to buy out the remaining shares of EIEIO at today’s prices. To use a floating btc price and/or pay interest would only drive the payoff longer and would make me seriously consider BK. Push Forward- I currently have 11250 shares of ASICMiner (and a board seat). That will be a source of income once they start mining and shipping gear. There is some risk as they could do something drastically wrong, potentially making those shares worthless. There are rough numbers now being tossed around on the forums about potentially making 100% ROI on ASICMiner on the first hardware sale, ignoring the self mining or ongoing sales. How that income is used I will leave open to discussion. It could be paid out as a div, rolled over to secure further asic gear, or perhaps some combination of the two.
- Take current mining income and put it into a fund towards future asic purchases. This will help EIEIO remain competitive going forward as asics and advanced forms of fpgas will be the only way to successfully mine. The currently owned BFL singles could either be set aside for SC trade-in or sold to a 3rd party for their SC trade-in and the funds used for other asic gear. EIEIO currently has ~450 btc on hand, some of which would be used for dividends if they were to happen on Sunday. Dividends would resume as soon as asic gear arrives, with a certain % set aside to continue expansion and process requested buyouts.
- EIEIO is currently mining at CoinLab to help preserve future gpu earnings. It functions right now as a 97% pps pool with a guaranteed payout for a few months once difficulty prices out most gpus. In addition, they have gpu leased work (non-bitcoin) coming down the pipes in the next 2 months or so which should be on par with bitcoin profitability (or possibly even better). Dividends would resume once the leased worked becomes a regular affair. I'd be inclined to set aside a certain % to continue expansion and process requested buyouts.
If it turns out that the asic plans and CoinLabs both don't pan out, the set aside funds could then be issued to EIEIO holders and the rest of EIEIO wound down. TL;DR We have two options. The first gets you paid in full on your principal in today's USD equivalent in about 3 years time. The second keeps the business going by taking a short term haircut in exchange for dividends and/or a return of capital in what should be a much shorter span of time than the first option.Most of the people who have ever invested in EIEIO have actually been very low maintenance and all seem to be in bitcoin for the 'long haul'. I've stewed on this trying to come up with the best resolution for everyone while standing behind everything I've said and done and I think this is the best way forward. I await your questions, comments, concerns. [/list] Bad luck? This horrendous scheme came to its inevitable, sad conclusion. |
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