there are private companies helping individuals in achiving 'justice' outside the established system. I suspect these organizations may be just a effective, if not even more so than most national law agencies.
In fact I suspect that the FBI and other 3 letters agencies would like very much to look closely into this affair, so much that I am quite worried and uncertain about what could come out of their involvement (as a paranoid-anarcoid I expect little of good). But if in the end you have to refer to them to move things forward and have some chance, then go for it.
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No, unfortunately. His joke does however continue to live on and will do so with comments like I took snippets from above. 'Bets' and 'Speculation'....lol You have to admit, he at least managed to get a bit of his point across Of course I was joking too. (Wanna bet?)
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I still don't see anywhere where making a bet you can't pay is a crime.
I would bet that he started this thing as a way to pump up the distressed Pirate's debt price while dumping his own share of it. That's maybe the only way his "joke" makes sense.
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You'll operate under a new account and remain secretly involved in your businesses.
this. We know from past experience that you are obv lying now, Matthew. It's another joke. He'll keep trolling and scamming under different names.
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Stop feeling so hurt, ya big babies. Suck it up, move on, there is another ponzi scheme just forming.. You've still got a chance to be an early adopter! (HungerCoins anyone?)
I foresee a great (shitty) future for BTC if scammers are not punished one way or the other.
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He didn't take anyone's money..... He played a bad prank and lost a lot of respect.....
He took advantage of his "bet" to dump his Pirate's debt while pumping up the price. So it's a double scam. How so? No money changed hands as a result of MNW's bet, (other than the example 20BTC) so technically he hasn't stolen anything from anyone... UNLIKE the multiple ponzi schemes and fake exchange hacks. If MNW didn't actually take anyone's BTC up front, how did he "dump his Pirate's debt"? Because with his "bet" he slowed the rate of decrease of the price of (phucked) Pirate's debt, just enough for him to sell the amount he owned with minimum loss for him and maximum loss for who took his words as serious. Clear enough? It's called "pump and dump".
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He didn't take anyone's money..... He played a bad prank and lost a lot of respect.....
He took advantage of his "bet" to dump his Pirate's debt while pumping up the price. So it's a double scam.
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Some people may have bought bad pirate debt etc to hedge against matt. This was a serious scam ad should not be played down. I did not bet with Matt, btw.
I don't think that anyone could be _that_ dense and would actually put their own money on such a chain of unlikely outcomes. But I could be wrong. Anyone want to step up and claim this mode of harm? Yes, me. I bought some FOO.PPPPT at .50 BTC each (which are now worthless) just after my bet with Matthew, since I was seriously ready to pay in case of loss. Now prove me that Matthew would say that it was just a joke in case he won.
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Then he should have posted his "bet" in the "fun and jokes" section of the forum
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In defense of Mathew: All but the most retarded here assumed near zero chance the Pirate would legitimately pay up. That includes Mathew. No, Matthew was quite serious the first days, until he upped the stakes and it became an obvious joke. In any case we are not here to joke about money.
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People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet. So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
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he offered the bet as a hedge against pirate losses and a lot of people didnt sell their pirate accounts for 75% -50% -25% etc because they thought they were sufficiently hedged either way
Not only: I even bought some FOO.PPPPT at 50% to hedge in case I lose my bet with Matthew. And now they are at 0.05 BTC each. So much for: No funds changed hands...as far as we are aware.
You can be sure that some money changed hands, so much that I am now wondering if Matthew is a Pirate's shill. Lets take a lesson from Matthew and not rush to judgement.
WUT? Which lesson? That the BTC scene is a playground of scammers-trolls? And would that not be a judgement?
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dust: I think at this point many would be interested in knowing about your portfolio. This may be the right time for you to launch an investment fund or newsletter.
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And ban Matt from the forums.
He and his descendents for 7 generations
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Please add MATTHEW N. WRIGHT at the top of the list
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Your personality and low moral standards are a business risk. You are the senior editor.
Well said. With this stupid jokes BTC are going to be seen as a playground for trolls and scammers.
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he is mentally ill. He shouldn't have the ability to enter contracts.
Time for another tag to mark psychos in this forum.
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Im pretty sure they are still grossly overpriced today, so anyone who believes otherwise, lend me your bond, so I can short it. I will give you a nice bonus on your dividends if you let me borrow it for 3-6 months. PM me for details."
So one would get back his own bonds even more devalued after your 'cure'? Thanks for another losing proposition.
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So, in essence, you are saying that mining bonds in general are a bad idea?
Fixed Mhs/s bonds are If so, should I even offer a paid upgrade? Am I only furthering the detriment of possible holders of the bonds?
Maybe you could even consider a free continuous upgrade, given that Gigamining has not been the best paying mining bond around from some time. Someone (like FPGAMINING) are moving towards a mixed reward (where a variable part of income get reinvested in capital upgrades -therefore increasing Mhs per bond- and part distributed as dividends). This kind of solution seems the best IMHO.
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