EDIT: Turning this into a contest. I'll award 1 BTC per day to that day's winner. Entries in by midnight UTC, I'll pay the following day. First day is Monday 8/27 (to be paid out tuesday), last day is Sunday 9/9 (to be paid monday 9/10). That should be around the time the MNW bet ends.

Let's see what you can find. They don't have to be ducks, anything related to ponzis, greed, lies and gullibility. Animations are a bonus, and original creations are a bonus. This runs for two weeks, so pace yourself!

Patrick also said the he figured it out.

It doesn't make sense to describe the use of an investment as being an "investment", because you already said that. Around and around in circles... for what point? And at least describe a bitcoin project, for chrissakes.

When I asked about this, the best answer for the purpose of the service was for buyers to pay a premium in exchange for getting generated coin (aka vanilla or virgin coin), coins without a transaction history. But there is little demand.

You mean Vandroiy.

He doesn't have that much, its imaginary interest. I'd like to see some estimates of deposited principal, not imaginary exponential gains.

Which day please?

Like I said, he doesn't send the 1 BTC to pirate. Instead, in the case that pirate doesn't default and continues paying interest, he can pay the interest on your coin with the interest he gets on his own coins. He swapped the risk of a pirate default onto the buyer of these insured bonds, who loses 33% if pirate defaults. He assumed the risk that pirate continues to pay for 6 more weeks. Pirate only paid on 2-3 weeks after the start of the bond, so goat keeps that difference.

Did you show your wife the first picture? lol

Looks like you made some withdrawals from pirate before he shut down. lucky for her 

What do you (and other pirate lenders) hope happens here if pirate doesn't pay back?

Do you promise on Monday?

Will you reduce giga and burtw 5-starfish rating when their pass-throughs default?

If someone is knocking on every door in my neighborhood with a utility scam, I would follow him around to my neighbors so I can warn them on the spot. If one has the right to solicit, another the right to anti-solicit. I would also call the police.

Warning people about scams isn't fun but it is civil. However, promoting scams, even if done politely, is extremely ant-civil.

As for baseless accusations, they aren't looking so baseless now are they? There was a strong basis, starting with evidence of absence (not to be confused with absence of evidence), that pirate was a operating a ponzi scam.

I think you are a stingy client expecting way too much for $50/$100. If you want to prove you can get better for $45, pay it to animatedbanner.com and show here what they make for you (linking to their examples doesn't count).

The purpose should be to support and enable productive activity, not for "seeking funds". That's putting the cart before the horse.

When everyone is happy "investing" in nothing more than promised profits with no discernable business model, then they aren't serving or helping anybody (just gifting one person). And that makes it more difficult for honest businessmen to access funds. Because who would bother with something risky that requires actual work when you can earn 7%/wk with pirate and "its highly unlikely that he'll default".

Someone who wants funds doesn't even have to build a scammy coinscalper like front-end anymore. People have gotten so lazy with greed.

HYIPs are not "the bitcoin economy". Passing coins around and giving each other imaginary fractional increases on deposits is not productive and is not a service.

This thread is for BTCST updates, but its understandable that it is has gone completely off-topic.