How many confirmations does it take before my deposit shows up? 4 blocks have gone by, but I don't see anything that I sent to my GLBSE receiving address.
Normally six (and there's an odd "check for deposits" button too.) |
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Is there something wrong with the site? It's Error 105'ing for me.
I suspect heavy load. |
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there's a lot of peeps who have bought in the PPT- A & B who might wish to shill things up a bit, just saying  Yes, that's part of what makes this time of the week interesting. and there are some people playing around with bids and having some fun - it could be very funny for the person who put 50 at 1.7 if they forget to fix it. |
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Note: we've just seen a 1.8 bid show up - we suspect it should be 1.08. Someone might like to check their numbers.
Edit: it's been removed (thanks for the extra post Burt)
2nd edit: BTW the silly bid at 0.1 will not get filled - the sales only go to a minimum of 1.0
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Cutoff noticeIf your bid is under 1.065 BTC, you need to move it up, because that's where the 2000 bond depth cutoff is  this rather depends on how many of those > 1.065 bids are (or may be) cost free shill bids that would get pulled at the last moment (doesn't it?) http://en.wikipedia.org/wiki/ShillIt would, but with any bidding, someone could pull a higher bid as well, and they would be hit. Current bids are over 3300BTC so you would have to assume we're just playing with a couple of thousand unproductive coins - that's not too logical (possible, but not logical). about 90 minutes to run, cut point is around 1.075. |
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Friday night......
(disclaimer - the Starfish blah blah vodka blah)
Yes, Must be good vodka.....considering it's actually Thursday night.... Did you forget I'm on UTC+12? |
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How would you propose he demonstrate he isn't a ponzi? Only Pirate can answer that question. Without knowing what Pirate's actually doing, there's no way to know how he could demonstrate it wasn't a Ponzi scheme.. It depends on precisely how what he's doing is different from a Ponzi scheme. Presumably, something about that difference would be provable. If it's literally impossible to prove it's not a Ponzi scheme, then it's a Ponzi scheme. If two things are indistinguishable, then they're the same thing. I'll quote Joel's post just because it's valuable- I''l read it again later. (mega respect attracting his attention to this corner of the world) Ever think Pirate or (fill in blank - I know who he is, but you ass is too lazy to work it out) enjoys the speculation. I've paid serious coin for fun, 1% would be worth it. Friday night - good quality vodka (paid for by coins), and P@40 is just one of many schemes in the game. Get a life - it's just small - many more out there, but people too stupid to look. (disclaimer - the Starfish blah blah vodka blah) |
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Could you/would you invite nrd525 amd MPOE-PR to deposit?
Not a bloody chance.....hehe Remember this part from the OP ?....lol I have been a ...... Pirate Member in good standing since January 2012.
Sorry, couldn't resist. (on topic, Bitlane has had his account around 4 months as far as I know, has done several decent sized loans and repaid without problem) |
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Could you/would you invite nrd525 amd MPOE-PR to deposit?
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The PPT bond's creators have created a jointly managed PR account. Please whitelist me.
BurtWagner/everyone else will be posting shortly to verify.
Starfish waves. (and verifies) |
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His defenders are profiting (at least on paper) from the Ponzi. Who would you trust?
Hmmm, yes, who would I trust? In my bank account, I have a lot of dollars. It's not "on paper" as my wife sees it in the bank account. It might interest you to know that my deposit with pirate, paying out well over 100% now, is not the most lucrative or highest paying investment I have here, and they certainly are not ponzi schemes. |
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I think posting this targeting newbies is irresponsible.
For the record, I (and many other people) believe that Pirate is operating a Ponzi scheme. I'd urge all possible investors to research Ponzi schemes (Wikipedia, Bernie Madoff, etc) and decide for themselves whether they want to risk losing their money.
The major advantage of the bonds is that you will lose "only" 68% of your money (or more if the bond authors break their promise), instead of 100%. In exchange for this privilege, your rate of return is half or less of what Pirate is paying out to other people (33.5% / 30 days).
So, because you don't know what is going on, you make up stuff like your bullshit around the lending thread. You are obviously too lazy to work out what is going on. I have today discussed with someone their different options. Their return from priate os zero because they don't qualify. If they had 100 coins, they could get 4.2% per week. If they invested in PPT bonds, they might get 7%/week, or maybe less because the clearance rates have been around 2%/week higher. (we offer 27 day 22 hour bonds, not 30, but that just points out sloppiness on your part.) If someone wants the full 7% from pirate, they need to put up 2000 coins minimum, and in the event of a default you lose 100%. At least with PPT it's only 68% and that's better. |
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I can use AUD account, or you could use CryptoExchange (my preference) as they do local dollar transfers.
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well it takes about 5 months to build up to the top interest rate of about 3% per week, I only entered in to this on the assumption that once reached I would be able to hold that for at least 6 months, better still 1 year, or I probably wouldn't have bothered, other reputable lenders like Hashking have been offering deals with 3% a week from day 1 recently (10 week special) & we all know what Pirate's rates pay - but I like to diversify. So I think it only fair to let those who are 3 plus months in to this (like me) to get up to the promised rate & to be able to hold that for a min of 6 months, at the very least 4 - if you can guarantee that then I'm happy & will stick around, otherwise I shall most likely look around for other options
+1 Only pays off if it lasts a while. So far I'm still in minus territory (for disclosure, joined at the end of January, and I have several hundred invested - only now at break-even compared to the deposit rates I'm paying at Starfish). If it runs to Christmas(December) I would be ok with that, but if the average monthly return works out to only a few percent less happy. |
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Thanks for the answer brendio. I was curious. (and yes, missing the header deliberately would kind of give it away).
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Does anyone actually verify gpg keys? If I put up a paragraph of random characters - would you know?
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)
iQIcBAEBAgAGBQJPofn5AAoJEPNF3YKtV8UAsMIP/iBux5vkrLeyYMIv6OGcDzE7
FPseOoRUN2469JjnByrsEIPcPl7XIRkcuIsD1Hx6tPUa4Eo7SkqPqlfZSdg2rMpI
vxrk+JqoS+9q5r1GQlbrwCrX8xxM28fVQkaPvF7LikruSQxowdA3K5fq+kblp7nu
TIeC7jk48pRCsPp0I/PXZ93eVw5Uf33h/SxeiiDdvsMWjSBCfX9UwIMuQoPZuzS+
oUyf+MFZP++NPbcal/EEY5gvRpS40EyOl2Vsejp+ga+WdSpv81YqV9ywXLVUMHk7
blah blah blah I'm a Starfish blah blah blah
jnzM7HdF/WVljX+NTP9sJp9IMAZGFhNXaZSEmhkhHatyYxKPQYjhFdm4yns5m6IR
6Ha7eOeJ71jOV4jrp3qHzV2qS5HvRvdH69NXBQtDFlehFN/1DpHz17TmFvwFkWqt
HtzSlnUei5v2Vc9KPWEAYfBGn5U6QfUJJ3JZrILP+UmSroOxOhDlEFfVdJDXd73E
mzksMcMyIsS8uCC2pZcsQyuV65DfAh2XKfO+hDQSVNdyXHcC5+fAeVh5FVWHKSFo
luat5LnfUlaUFNASlYZiiMlA8kLFyZjFvTT8hFzkoQdPsDZ0c3I+ZAFpUg2HAL0n
YaCm9HnYpMCh2Y1JJcqdsdiNiZ9A1IZmMRtKoTMkqNkk+2zuwlkB4sLQgMUuBHfq
kjzgRujU2Cu5nd4+UMpa=hlrl
-----END PGP SIGNATURE-----
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When I was doing arb trading, it was a good place, but volumes/liquidity were a bit hit and miss. Didn't have any problems though.
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I could lend you some i0coin if they have value?
What are you wanting the loan for, and how would you pay back?
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Asking for 20,000 BTC in just two posts. We have a new record.
I wonder if I could approach a bank with such a small business plan? My experience raising funds for ventures is that this requires 12-month forecast financials, risk assessment and mitigation and demonstrable knowledge. Wonder what ASICs he's going to use? |
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