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121  Economy / Service Discussion / Re: Going after Trendon Shavers, Pirateat40, BTCST on: September 11, 2012, 12:39:43 PM
I'll chip in my ill gotten BTC2 when you all are ready.

You do realize the first thing Goat will consult a lawyer about, is his OWN liability for promoting and facilitating a fraudulent ponzi operation, right? Why do you think he is still pretending its unsure if pirate really ran a ponzi? Goats first concern is not getting your coins back, its keeping his own ass out of trouble, and if that would mean letting Pirate off the hook, you can bet those 2BTC that he will.
122  Economy / Service Discussion / Re: Going after Trendon Shavers, Pirateat40, BTCST on: September 11, 2012, 12:09:03 PM
How about you do a big public apology first to all the people that warned you, but that you have been shouting down and insulting for over 6 months and more importantly,  to the people who trusted your judgement, but that you misled by pretending you knew more than you really did?

The same goes for the rest of the pirate promo team who are now all pretending to be only victims fighting for the righteous cause.
123  Economy / Gambling discussion / Re: I'm giving 100% ROI away to anyone who thinks pirate is a fraud on: September 10, 2012, 08:33:38 AM
Good. Im glad to see MNW's "lesson" ends up teaching someone at least.
124  Economy / Long-term offers / Re: Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 on: September 10, 2012, 08:16:32 AM
Hashking should get a scammer tag for this, regardless of whether or not he repays three years from now. He very clearly did not abide by the terms of his agreement.

Admin do appear to be very reluctant about awarding those. Surely the community should decide. Or does that happen already? Forgive me if it does, haven't been a member that long.

You have to make an accusation in this subforum:
https://bitcointalk.org/index.php?board=83.0

Since I am not involved or affected, its not up to me to do that, but anyone who feels scammed by hashking should.
125  Economy / Securities / Re: This Is The [GLBSE] BLUECHIP Official Thread on: September 10, 2012, 07:13:58 AM
I for the most part agree with your sentiment. However, price is persuasive: any asset it worth considering if price < relative value. Most security issues on GLBSE provide no real value, but some provide some level of limited value. If I can snag a small lot of shares where at the price I pay it will yield me 10-15% weekly, taking such positions can be warranted. Such opportunities have arrived in the past- mostly with fluctuating prices of small-scale mining listings. Even with fixed mh/s value decaying over time as the total network hashing rate increases, I have found such positions to be worth the effort of finding.

Sure you can buy an overpriced asset in the hope it will rise even further, and you might even make some money off it (if you can overcome the trade fees). Overall you would be much better off holding short positions though.
126  Bitcoin / Mining / Re: New strong pool or solominer 83.169.22.26 ??? on: September 10, 2012, 07:07:54 AM
Possible that Deepbit is redirecting some of its hashrate and the pool op is lining his pockets with unreported blocks? kinda explains why they've had bad luck recently

my thoughts too!

Deepbit stats are analysed to death. For instance by organofcorti:
http://organofcorti.blogspot.be/2012/03/21-deepbit.html

It would make absolutely zero sense for Deepbit to steal a few 50BTC blocks and risk their pool altogether when they are making over 2000 BTC per month in fees without cheating.
127  Economy / Service Discussion / Re: Going after Trendon Shavers, Pirateat40, BTCST on: September 10, 2012, 06:28:57 AM
Goat you have my full support and i will donate BTC.

Whether people supported pirate or screamed from the rooftops that he was a ponzi, everyone should support this.
If scammers start to face real life justice we will start to see less and less of them in BTC land.

That can only be a good thing for everyone ( and the price of BTC ).

No. Sending one penny to the conspirators who worked with pirate to rip off $5,000,000 of other people's money is exactly the opposite of what anyone should do.

+100
Anyone who still has any faith in this cabal should have their heads checked. Its like  the getaway driver investigating the bank robbery.
128  Economy / Long-term offers / Re: ★ VESCUDERO's Risk-free Weekly Term deposits at 1.5% ★ [No availability] on: September 09, 2012, 08:11:53 PM
Admittedly, Im not familiar with CAcert, so I dont know how strong proof that is. The link doesnt mean anything to me, perhaps you can elaborate on that? Other than that, there is nothing that proves his ID. Facebook link doesnt even work, and the rest would take a wanna be scammer a few hours tops.

That said, even if we were sure his ID were correct and not stolen, then so what? Its a step up from Pirate perhaps, but when was the last time a bitcoin scammer got convicted in court? Mybitcoin, Bitcoinica, Pirate, .. no one even got in trouble so far.

Quote
Maybe he spends some of his own money to pay the interests, after all, for 2.5kBTC that would represent about 300€/month, which could be worth a reputation of reliability.

Now think that through.. if he doesnt have a businessmodel that pays for the 100% APR, then why oh why would he pay 300 euro per month just to get a good rep? Thats precisely what a scammer would do, not someone with a genuine profit model.
129  Economy / Gambling discussion / Re: I'm giving 100% ROI away to anyone who thinks pirate is a fraud on: September 09, 2012, 07:57:23 PM
I don't think that anyone could be _that_ dense and would actually put their own money on such a chain of unlikely outcomes. 

Ahm.. thats pretty much what the Pirate Ponzi cheerleading Team bet somewhere between 100 and 500K BTC on.
130  Economy / Gambling / Re: 100BTC bet on pirate default against RoloTonyBrownTown on: September 09, 2012, 07:42:18 PM
I'm maxed out Wink 

Quote from: RoloTonyBrownTown
I'm long BTC.

I guess you are pretty short on BTC now Smiley

Congrats to dust!


131  Economy / Securities / Re: This Is The [GLBSE] BLUECHIP Official Thread on: September 09, 2012, 07:05:01 PM
Frankly, I dont think there is anything on GLBSE worth buying. With a few exceptions (*), all you find are ponzi or ponzi derivatives, empty boxes pretending to do business but in reality ponzi passthroughs, and mining shares and bond which could be interesting but are way overpriced.

I think there is a reason for this too; people are dying to increase their BTC holdings and investing it in anything that just gives a glimmer of hope of increasing their wallet size. Bitcoins stream in to GLSBE and are spent on whatever is offered, people wrongly assuming there have to be some good deals, and its just a matter if picking the right one. But there just is not enough economic activity and growth in bitcoin to make profitable use of all those BTCs, and as a result, just about everything is way overpriced.

 If you believe in bitcoin, the best investment right now IMO is an offline wallet. Bitcoin is often compared to gold, well, most people holding gold hold it, and dont try to invest it or lend it out at 100+% APR to try and double their amount of gold each year, because it just wont happen. Compared to fiat, gold (or btc) might double in value , but if thats what you are betting on, then keep it safe, dont lend it out.

(*) there are exceptions, for instance asicminer is a real company with real potential, but its also very high risk IMO.
132  Economy / Long-term offers / Re: ★ VESCUDERO's Risk-free Weekly Term deposits at 1.5% ★ [No availability] on: September 09, 2012, 06:30:53 PM
Similar things were said (and at that time, probably true) about Pirate, HashKing, INAU, and whoever else has defaulted recently, its hard to keep track.

After all thats happened, if you still invest in a >100% APR undisclosed business model, you will only have yourself to blame.
133  Economy / Gambling discussion / Re: I'm giving 100% ROI away to anyone who thinks pirate is a fraud on: September 09, 2012, 04:27:31 PM
damn, and I so wanted to order that ellet or whatever it was called. That wrist watch bitcoin thingy Matthew? How do you think that will fare now?
134  Economy / Service Discussion / Re: Discussion about 10,000BTC Bet (Official) on: September 09, 2012, 04:24:35 PM
Theymos gave him the tag. I'm sure theymos is not happy, given that he had a bet.

Thanks for me letting me know. You have to unignore him to see it Wink.
135  Economy / Service Discussion / Re: Discussion about 10,000BTC Bet (Official) on: September 09, 2012, 04:12:57 PM
If matt loses he pays 20btc to 13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM. And he did it.

Thats not what it said. It said to "that" address, which any reasonable person  would interpret as the address entered by the person accepting the bet, rather than the stated example. ITs the sort of thing a 7 year old who thinks he is clever would try to pull off. I never expected matthew to pay, but he fully deserves the scammer tag.
136  Economy / Gambling discussion / Re: I'm giving 100% ROI away to anyone who thinks pirate is a fraud on: September 09, 2012, 03:52:12 PM
Nice try. Time for a scammer tag.
137  Economy / Service Discussion / Re: Discussion about 10,000BTC Bet (Official) on: September 09, 2012, 01:16:29 PM
His thing was "people shouldn't say it's a scam without knowing the facts" so

Pirate is a scam = Wrong
Pirate is likely a scam = OK
Pirates business model looks questionable, please provide more insight into how you produce these returns = Ideal

So how is he teaching us anything? People said Pirate was a ponzi because there was no shred of evidence to the contrary (no credible profit generator etc). People said Matthew wasnt going pay because there was no shred of evidence he had either the means or the willingness to pay (nonsensical bet, no escrow, no proof of ownership etc).

If he wont pay, whats the lesson? If anything he would be proving the opposite of what he claims to want to teach us.
138  Economy / Service Discussion / Re: Why I trust Patrick Harnett on: September 08, 2012, 11:15:47 PM
You could ask why bitcoin mining exists at all because it is essentially marginally profitable and by your logic bitcoin itself doesnt make any economic sense!

Because you can sell the risk to suckers in the form of fixed MH mining bonds.
139  Local / Nederlands (Dutch) / Re: Nederlands! (algemeen) on: September 08, 2012, 10:40:50 PM
Neem butterflylabs met hun fgpa producten die zoals ze zeggen met hun Single SC 40 GH/s voor $1,299, (gaan) verkopen. (www.butterflylabs.com/products) zou jij indien je deze producten op grote schaal kunt maken ze niet gewoon ZELF aan het net hangen? Huh

Neen, dat zou ik niet doen. Je kan ze beter verkopen aan miners die niet weten hoeveel je er al (voor)verkocht hebt en dus bereid zijn meer te betalen dan die asics ooit zullen terugverdienen. Des te meer omdat je een paar maand later gewoon opnieuw evenveel asics kunt verkopen aan de halve prijs, en opnieuw, en opnieuw. ASICs kosten immers haast niets om te produceren (wel erg veel om te ontwikkelen).

Bovendien is BFL niet de enige, er zijn niet minder dan 4 bedrijven die met asics komen dit jaar en begin volgend jaar. Difficulty gaat astronomisch hoog worden en met 40GH ga je straks wellicht minder verdienen dan met 1 GPU vandaag.



140  Economy / Service Discussion / Re: [POLL] Should the PPTs for BTCST be held at least partially responsible? on: September 08, 2012, 10:29:54 PM
No, they were honest about just being pass throughs to Pirate.

We dont know that for sure. Its feasible some of them knew it was a ponzi on the verge of collapse and did not pass (everything) through, and instead just pocketed the money. I would like to see some transaction IDs to make sure thats not the case. I want to see those PPT transactions anyway.

Quote
However, some of them implying they knew his business model and saying it wasn't a ponzi, which is definitely misleading to their customers.

+10.
Misleading is too kind a word though.
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