He's been away. And distracted. Still, searching for "so long and thanks for all the fish" would have found this thread. Twice, at least.
I just found this thread.  ahh good. Now that you're here... Mind sharing some of the deposit addresses and/or addresses you received payments from that bank thing with the high rate of returns? Not right this second but ask me again in 10 days... What do you need more time for? i do not know what im going to do yet. Hi. 1) This stage of the scam is the long stall. It is never-ending. It is important to note that I have been 100% correct on all major points of this scam, you should listen to these words. 2) Future communication of any sort with Pirate is only for his benefit. This is abundantly clear to those on the outside, but you cannot see it because of your exposure to the scam. It is easier to analyze a hand of poker when someone else is playing it. In this case, "Send me your PPT info" and Pirate likely continuing to promise you personally at least *your* share back are all communications that either further mismanage your expectations or in the case of the personal info, he's building a DB of ppl to scam again in the future. 3) You yourself declared Pirate in default, then Pirate declared himself in default (just another stall tactic, also "letting the mark down slowly") - come to the good side and give us info that will help us track him. |
|
|
|
Not all scams are ponzis but just because they aren't a ponzi doesn't mean they're not a scam or that they're viable.
I agree that "long-term offers" is an inappropriate label for many of the high-risk programmes being offered and that a more suitable way of segregating the different types of investments being offered needs to be found.
by APR % IMO |
|
|
|
I also dont think Starfish is a ponzi, although any faith I might have had in Patrick and particularly his judgement is long gone. Dont know the others, wont comment.
nope, total Ponzi for Starfish / PatrickHarnett 1%/wk to borrow money is still crack prices, still yields you owing giant interest as scam builds, and he is even making up increasing numbers month-over-month to show you the business is growing. This one is a slow Ponzi. |
|
|
|
Bank wont provide me info.
Dont be silly. Agreed. I will be happy to argue if someone feels differently than me, but keep it lofty. Let's say you bank at Bank of America, like over 25% of Americans do (this point is scary to me, BTW) Well BOA is a publicly traded company, required to post quarterly financials which are verified by the SEC, and easily obtained: http://money.cnn.com/quote/financials/financials.html?symb=BAC&dataSet=BSso there is the Bank of America balance sheet showing assets and liabilities. |
|
|
|
Em, do you take into account fact that mining operationing can give you 3-4%/w of return?
By the way, u still havnt prove that btcst was ponzi, as others. In Business you cant make money when they are laying in your pocket, it means, that you cant return everyones money so easily... Why wont u go to the bank and tell them that they are ponzii, because it cant payout to everyone at once?
1) comparing a traditional bank to these 2bit ponzis insults science. In the USA bank assets must be > total deposits. FDIC insures this. a "bank run" is not comparable to how a Ponzi unfolds 2) https://docs.google.com/spreadsheet/ccc?key=0Ah0rJ1eK8mwpdEs2MFRfbGQybGhNamo1aGhDSURaT1E#gid=0 here is a doc showing how at 7% per week if you invest $100 it returns $130 trillion in 8 yrs. still think its not a Ponzi? |
|
|
|
That's nice, Dank Bank isn't up there.
im sorry but your scam isn't organized enough to be a ponzi. did anyone buy u a house or car yet? i think u have a chance given how easily tricked this community is. |
|
|
|
No he did; in IRC at the time of closing. Now he may have been full of shit but all the guesstimates and theories were based on that.
I missed that then. Then again, it seems entirely plausible Pirate would refer to the number of coins in his wallet(s) instead of the principals + fictional accumulated interest. yup. He was talking about how much he got away with. That bad boy: https://bitcointalk.org/index.php?topic=94675.0 had 500k ish BTC in it, the wallet was built over the course of 2012. Best fit numbers for this scam: 1,000,000 BTC on paper ~700k BTC collected ~200k BTC paid out in interest over this year, most of it last 3-6 weeks ~500k BTC left when he now owes ~70k/wk BTC on paper, some will take only interest out, most leave it in, but then with the interest takers + a few principal withdraws, the writing was on the wall for Pirate that he'd be broke in just a few short weeks of interest + withdraws, so just stop now with 500k+ BTC. |
|
|
|
1) this is not the correct name for high-interest borrowing scams 2) in the wake of BCST, are you guys going to really keep this stickied here??? https://bitcointalk.org/index.php?topic=81542.0 This is simply a list of Ponzi schemes that a long time users is saying have "AA" credit ratings and whatnot. This is totally, 100% unacceptable - didn't we just do this? This forum shouldn't give free advertising to scammers IMO. 3) https://bitcointalk.org/index.php?topic=105285.0 I am going to dissect each still running Ponzi. Can't let them get away with it again, can we? |
|
|
|
In response to this post: https://bitcointalk.org/index.php?topic=81542.0 by PatrickHarnett which is was stickied in the "Long-term offers" section, a misnamed Ponzi-corner of this forum which contains nothing but scams. Well I was right about BCST and I'm going to be right about all these too. Here are a bunch of Ponzi Schemes, all are poorly executed and all follow the standard Ponzi 101 model of having a totally obscure business plan with a totally outrageous interest rate. I will be making spreadsheets for each scam showing why they cannot pay the outrageous rates. Ponzi Schemes & Similar ScamsHonorable Mention:Dank and his various, odd scams that even the guys that got rolled by Pirate wouldn't invest in |
|
|
|
Ok, I've had enough and have to stop this nonsense also. 1) PatrickHarnett - you have given almost all the still-running Ponzi schemes A or AA or AA- fake credit ratings based on nothing. This thread is once again stickied, once again the mods are throwing weight behind your statments. 2) but, these are all blatent scams. And what the fuck is a "bank book" ? oh only 11.1% per month prolly fine / AA- credit rating. Ship Tshirt for new investor. I mean some of these guys aren't even trying anymore and even in the wake of BCST there are still tons of THE SAME EXACT SCAM running 7x in the newly FUDDED "Long-term offers" aka "total fucking scams" ITS CLEAN UP TIME |
|
|
|
This means I have set up the service so lenders are not at risk. I will make 3% interest payments for as long as possible. If for some reason I see in the future that I can not take any additional deposits because of risk then I will not, meaning I will not take what I can not handle. I have shared with PatrickHarnett (for Credit Rating) my BTC Reserve and BTC Monthly Income to back the deposit system.
PatrickHarnett suggested that to have a meaningful CR you would need 100 BTC or more in deposits. You seems to have more than double that at this point and have been operating for a while. Have you done anything further or have intentions to seek and receive a CR in the WPW thread? I would be interested in making a deposit but only with a favorable CR from PatrickHarnett. RustyRyan, could you please comment on this post? Thanks! RustyRyan does not need to comment as I will - credit rating added to https://bitcointalk.org/index.php?topic=81542.msg897422#msg897422For a new depositor, quite respectable and a solid entry given he has only been "in business" a month, has a small and growing customer base. yes, another Ponzi with an excellent credit rating. PatrickHarnett is doing a ton of harm with these "AA-" creidt ratings to obvious Ponzi's 3% weekly. Sheesh. We just did this and now we are going to do it again until this culture of scamming stops. |
|
|
|
High Hand will be ending for now, guys. Look for daily guarantee tournaments starting soon! And other promos will be mixed in in conjunction.
Like the September Leaderboard - wanna play MTTs and get free monies from Freemoney? https://sealswithclubs.eu/september-mtt-leaderboard-announced/16 totally free coins up for grabs in addition to our already awesome promotions |
|
|
|
our RSS feeds are currently a mess. In the market for a wordpress guy / very embarassing too  |
|
|
|
Frankie & Maged - really? you don't think this is his wallet? https://blockchain.info/charts/balance?address=1DkyBEKt5S2GDtv7aQw6rQepAvnsRyHoYMI'll bet if you break down some of those large inputs you could correlate it with BTCtalk forum events + co-conspirator payments. If payb.tc would come to the good side instead of Pirate as much personal info as he has on his accounts we may be able to answer this Q. I think it's his. It was built this year. It is all that it could be. It also makes sense he has 1M BTC on paper, owing like 70k BTC each week having 500k btc when he shut it down. Add in a few principle requests and he decided to not pay that week or any future. |
|
|
|
Yokosan, I am willing to invest a large sum of BTC. However I first require that we meet in Vegas to do some in-person bonding over gambling and dinner.
+1 Also want to pay in litecoin, solidcoin, or an IOU MintChip voucher |
|
|
|
Micon is a funny fucker. I just got finished listening to his latest podcast from eariler today and all I can say is, I am a fan.
I officially 'drank the kool-aid'....LOL
...and will be tuned in next time.
Ty for the kind words. You are welcomed / encouraged to call in, would love to talk to you about this matter next week. I have this feeling you have interesting stories and would be a great guest. |
|
|
|
1) My podcast starts tonight at 7:00pm PST on DonkDown, I will be discussing this matter at length 2) Matt and anyone else is welcome to call in. Really hoping for bitlane. 3) https://docs.google.com/spreadsheet/ccc?key=0Ah0rJ1eK8mwpdEs2MFRfbGQybGhNamo1aGhDSURaT1E#gid=0 this should have been the proof posted to the question "why does 7%/wk have to be a scam?" - simply put, if you invested $100 today in 8 yrs you would have all the money in the world. Spreadsheet proves that statement. |
|
|
|
|
Show Posts
