But guess what! I never got a scammer tag because i'm not a scammer. Well gosh since you brought it up...not getting a scammer tag doesn't mean you aren't a scummy fuck, and anyone dumb enough to give you more money probably deserves to get ripped off. |
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This was a bait and switch on a massive scale. I agree. I can't find any mitigating factors here. There's absolutely no rational explanation for why he would borrow other people's money to buy bad Pirate debt other than to sell his own bad Pirate debt at an above-market rate. That is, I believe that he used Kraken to bail out himself, probably knowing all along he'd renege on the guarantee. The evidence strongly suggests that he put those who trusted him with their money, both through Kraken and through the earlier loans, last. Unfortunately, the scenario that I think is most likely is this one: Patrick put his personal profits from his loan business into Pirate. When Pirate defaulted, he lost a personal fortune and was left holding a pile of bad Pirate debt. To preserve his personal funds, Patrick created Kraken to use other people's money to buy his personal bad Pirate debt at rates well above market. He had to have realized that there was a significant chance that Pirate would never pay a dime and he already knew his own portfolio was shaky. So I can't see his personal guarantee of Kraken as anything but an outright scam for him to take other people's money and make it his money by exploiting this conflict of interest. Surely that justifies a scammer tag, Joel. I think so as well. Certainly any reasonable expectation of movement in asset values was probably going to be in the 10%-20% range, and that was manageable. A 100% loss wasn’t in the plan, and while actual losses may not be at that level, it is not sensible to continue with the current situation. If it's only reasonable to cover 10-20% of the loss then he should have said that up front to begin with, instead of promising 100%. |
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I am not arguing that the terms of the contract specified a share of the losses. I'm arguing that the losses occurred because of a mistake and the harm from that mistake should be born by those who made the mistake and caused the harm.
How did the people who deposited with him cause harm? Yes mistakes were made all around, but Patrick's mistake was the only one that resulted in a loss of other people's money, which he promised to repay on demand. |
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So what has he done since he defaulted? From the thread, someone said he repaid 50% and has been silent since? How long ago was that?
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You've only reported one post this year alone, so must not be much moderating that needs to be done in your view, so no point in making you a mod.
People can talk a big game, and say they'll moderate this way, or they'll act this way, or they'll do this, but saying =/= doing. Reports would be a great way to show how you intend to moderate.
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please dont publish my one pm to pirateat40.
it does not contain any hints to find him - its just what i have "invested" with him and i want to keep that information private
thanks
That's exactly what we want to avoid. sorry i am confused. what exactly do you want to avoid? do you want to avoid publishing "pirate investment" information? - and yes: this would include sec. or do you want to avoid HIDING investment information so the sec can get the most accurate data? i really wish i had never send that pm... You should be wishing you never got involved with Pirate  . Theymos wants to avoid releasing unimportant third party information like who had how much invested, that's nobody else's business and won't help anyone. Along with email addresses, account information, other private information, etc. That kind of stuff would be removed before publicly releasing the pm's. None of this has anything to do with the SEC though, if they want information or plan to use the pms they won't accept internet redacted versions, they will get a subpoena, get what they want and decide for themselves what's important. So if you are worried about the SEC for whatever reason, there's really nothing we can do for you. |
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please dont publish my one pm to pirateat40.
it does not contain any hints to find him - its just what i have "invested" with him and i want to keep that information private
thanks
That's exactly what we want to avoid. |
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Not me, my facial hair isn't thick enough for that. If I could grow a beard like Billie Mays though, I'd definitely rock it year round.  |
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Games and rounds fits perfectly, was a suggestion from theymos after some discussion a while back. Games and rounds
Spreadsheet games, forum-based games, and discussion of individual rounds/games on other sites. Therefore we are giving out 10 x 0.1 BTC ($1.13) redeemable codes at random after any response in this thread. If it wasn't for that, sure it'd go someplace else. I have no sympathy for companies who pay users to spam the forums, that's not why the forums are here. Where was it created? I just moved it to Service Announcements, since that seems to be the most appropriate board I could find.
I moved it back...again. I thought we resolved these types of issues a couple months ago after another incident, but either you've forgotten or don't care. If you don't understand the actions of another moderator then take it up with them directly, take it up with theymos, or make a thread about it. Stop interfering with other's moderation, and stop wasting other people's time with your mistakes please. Far be it from me to tell anyone what to do, but a better suggestion would be to wait for the moderator involved to respond if/when they have time. |
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If you want storage for typical home use, use something like Unraid or Flexraid. I use Unraid because you don't have to use the same types of drives to expand your storage later on, and it only uses one drive for parity protection, as opposed to half of them.
You really don't want to use a standard raid array for storage. People typically use raid for access speed and uptime. Raid is a terrible choice for storage. You are greatly increasing your chances of losing everything by using it.
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I'm with Maged on Goat's ban, there used to be a standard for bans, if Goat was being disruptive it should be a temp ban, probably. He just needs to clear his head and not troll. These other guys are trolling from the git-go. Those other guys are banned as well. Just because the ban won't automatically lift at a predetermined point doesn't mean it's permanent. Theymos rarely permabans anyone, he even unbanned bulanula at one point. Goat will chill out eventually, he just needs some time. You’ve always been funny BadBear. I remember when you were just a wee newbie all upset because there are so many libertarians here. ROTFL LOL, funny how things work out aint it? Goat will never chill out. You know why? Because he’s crazy as a shithouse rat, that’s why. For a long time I thought it was just a language barrier. Then I went to believing he was a drug dealer getting high on his own supply but I eventually realized that druggies are usually more sentient than that. My mind changed when he had that big public argument with MNW about payment for the website work. Remember that. Even if he was in the right his arguments would flail around like the ramblings of a lunatic. If he is reinstated someone should check his meds first or maybe get a doctor’s note proving his fitness to “work and play well with others.”
Can't say I disagree. Maybe he'll chill out a bit once the Pirate and GLBSE drama pass, we'll have to see. |
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Hello everyone, have a poll here.
Last few months been contemplating which endeavor I wanted to get into and settled on Custom Guitar Picks after seeing a small boom on Listia.
I have a cart set up already to accept dollars, but the point of the poll is to see if there would be a market for them if I started accepting bitcoins for payment.
Cart isn't fully ready as I'm waiting for stock.
-Matt
You should talk to Dank. Maybe you two can work on his festival and you provide the picks. |
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My first thought would be Atlas did it himself. He has an annoying habit of posting the "last word" and locking his threads when faced with strong opposition or when people point out flaws in his arguments that he can't counter. That's a lot more boring than making another thread about censorship though.
Down with the man!
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I'm with Maged on Goat's ban, there used to be a standard for bans, if Goat was being disruptive it should be a temp ban, probably. He just needs to clear his head and not troll. These other guys are trolling from the git-go. Those other guys are banned as well. Just because the ban won't automatically lift at a predetermined point doesn't mean it's permanent. Theymos rarely permabans anyone, he even unbanned bulanula at one point. Goat will chill out eventually, he just needs some time. |
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Why does everybody care about goat so much?
I don't think most people care about Goat. What they want to know is whether there's some new, unwritten rule we all need to avoid breaking. That's the point. Ente No, just don't troll, it's the great unwritten rule of any forum. Trolling is pretty subjective and opinion based so making a rule on that would be pretty pointless. That's why trying to prove someone is a troll is just as pointless as trying to prove someone isn't. You can't. B) My alt is "theymos".
All I can say is, if the above quote is true...then I am outta here as well. lol And for the people talking about the Pirate fiasco and his involvement, there's a whole website dedicated to that. |
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You wouldn't have to state the exact reason, just that something like "user x is banned for y days for breaking rule 4.1".
Doesn't really change anything, I don't want to name and shame anyone, or humiliate anyone, that's not the point. It's nobody else's business, and it's their choice. theymos if that's the criteria could I give you a list of about a dozen other users who should also be banned for the same reason.
And what value is Atlas adding to the conversation??
a good majority of the members here should be banned if that's the case... What happened to free speech? If people don't want to read what he has to say the ignore button is very easy to use. Not a good majority, just a select few, whoever mentioned Rarity and Bulanula was right on the money. The only thing we're guilty of is being too lenient in dealing with trolls, and that's probably going to change, at least for the near future. This forum is better off without folks like them and Goat. Free speech is great and something I try to protect, but some people abuse it in order to troll and play the martyr card in hopes of not getting banned. I refuse to protect trolls based on what or who they're attacking any longer. Whatever you do as mod/admin you're fucked. If you ban, people shout at you, and if you don't ban, other people shout at you. As mod/admin it's a lose-lose situation. In this respect this forum is exactly like all others.
Pretty much. Can't please everybody. Item 1: There is no presumption of free speech on a forum, unless and only if free speech is an enumerated rule of the board. Other than that it is a private discussion arena that has rules and policies that are governed and controlled by the arbitrary decisions of those that are in the position to moderate. There is no Bill of Rights that applies. There are standards of courtesy, but these are just courtesy and not binding rules, and can be changed at will by administration, because that is the very nature of their position.
Item 2: All Admins and Moderators have agendas, and often those agendas will be at odds with your thoughts or agendas. In this case a user has gone full tilt at various Authorities, but has done so without any concept of discussion or debate but with the intent to complain and hurl abuse and threats. If Goat had actually participated in a discussion, or presented his thoughts or even his outrage in a civil manner and then defended his feelings he would probably still be here cranking out posts at the rate of three per minute. Instead, he merely repeated the same bizarre ramblings and insults time and time again without displaying the slightest ability to learn from the conversation. As such he is functionally unable to participate in a conversation and the conversation losses nothing by his removal from it.
Item 3: Patience and Questioning Authority. Sorry kids, but this is not a constitutionally organized playground, and the rules are as fluid as the morals of the folks here. Administration was abundantly patient in this case (almost 5,000 posts worth of patient!) and yet one user refused to add anything meaningful to the conversation. There are plenty of others, including myself, who have challenged the GLBSE/BitcoinGlobal ownership group in the matters of the past several weeks, who have not been banned, suspended or warned. Our criticism has been constructive and part of the on-going dialog, and as such has been a valuable contribution as the bitcoin community feels it way through the minefield of business responsibility, trust and integrity. Demanding answers as to why another user has been banned is not germane to the discussion, and probably the outrage is better reserved for a private message to the Admins if your curiosity is really that great. If it is more of a matter of wanting to stir up shit and make a production to advance your side of a discussion, post your own thoughts in a thread of your own, don't use tired and inappropriate censorship dogma. Hitching your wagon to a sinking ship is just not effective.
And a great big +1 to this post. It's become pretty clear over the past couple of months Goat had no intention of actually having a discussion. |
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I opened this thread expecting bad things. It's still bad, just not as bad as I thought from reading the title.
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Having all bans/suspensions automatically publicized isn't a very good idea. You're thinking in terms of accountability, but completely forgetting about people's privacy in the process. If poster x gets a week off for posting My Little Pony porn, do you really think that's any of your or anyone else's business? If the poster chooses to make it public that's fine. But that's his choice to make, not yours.
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Goat's gone off the deep end lately, you can't reason with him at all. Warnings won't work he'll just troll about that too.
He needed a break from the forums.
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