Accepted.

and yet they still haven't given him the scammer tag.  WTF !!!

Very glad to read this. I suppose deleted posts are archived somehow, and still available...?

If there is something you're not comfortable saying associated with your name, maybe you should reconsider saying it at all.

I think there is a more serious point here. You can use sock-puppets to create false credibility, such as positive feedback on a fake investment opportunity. You can then use that credibility to con people out of their money.

I'd also like clarification from theymos about the extent to which he'll co-operate with authorities if threats of harm are carried out and law enforcement looks to this community to identify likely suspects.

So is this one still ended? because I already paid for it... thanks.

This looks exactly like a HYIP to me; I'd be pretty surprised if it turns out to be legitimate. I have purchased some PPT bonds, though. With the extra insurance, the odds of winning seems reasonable.

I completely agree. I'm not at all worried about BTCST's failure hurting the community, though. A lot of shady assets will fail and a few individuals will lose a lot of money, but I don't think there will be any long-term damage.

I do tend to think it's a Ponzi scheme, so I view it as a form of gambling. Hopefully no one else is gambling more than they can afford to lose.

This might not be completely accurate, but here's what I've seemed to find in this thread:


Ponzi:
nrd525
MarketNeutral
terrytibbs
Maged
theymos
JoelKatz
Matthew N. Wright
P4man
curious
Sukrim

Not a ponzi:
bitlane
ineededausername
PatrickHarnett
coin_toss
reeses
exahash
Otoh
psy
Tomatocage
sadpandatech

Neutral:
Meni Rosenfeld
jcpham
cytokine

Unknown (leaning towards not a ponzi):
hashking
BurtW
imsaguy
znort987
splatster
johnthedong
farfiman
miscreanity
ShadowAlexey
Chaang Noi (Goat) ช้างน้อย

Unknown (leaning towards ponzi):
pekv2


So, out of the people that had some kind of opinion, approximately 30.5% of posters here believe that it is a ponzi, 61.1% think it's not, and 8.3% are neutral.

Trust accounts will probably still get ~7%, but I believe that the additional limitations on withdrawing funds indicate that the Ponzi is about to collapse. I've withdrawn all of the BTC I had in Pirate funds.

It's probably a Ponzi. It's almost certainly not legitimate.

It seems to have a lot of growth, so I'd guess that it'll last at least a few more months. I'm gambling a small amount of money in it.

Based on that thread, it seems all Theymos possibly needs to do is to apologize to the community for his short-sightedness and disgorge ill-gotten profits, perhaps by making a donation to a worthwhile cause.

I do tend to think it's a Ponzi scheme, so I view it as a form of gambling. Hopefully no one else is gambling more than they can afford to lose.

Theymos maybe you want to post a more appropriate source.

Satoshi owns the domain so this is up to him.

What will happen if there will be so many users of bitcoin, will that mean sending coins will be delayed?