I am still waiting on my "1.25% INSURED" deposit as well. The website says it was paid... but it was not.  

A lot of people got scammed a lot of coins.
We (those that got scammed) need to team up and find out as much info about each depositor as early as possible.
If you would like to join me in investigating, please post in this thread.
Any information that you know about each depositor would be of great use.
Right now, I am most interested in these names, as they defaulted a lot of coins to a lot of users:
1. Pirateat40
2. Hashking
3. imsaguy

It is time to work together guys, scamming people 500k, 200k, 100k etc coins are a LOT of money.
Pool our resources together, and we can definitely find track these guys down.

Moderators, I think it is fair that we ask for the IP address of each of these users to become public records.

Also, we need to evaluate this statement:
Again, this brings up the issue of time. However, he was never specific about what he meant by "me". You could argue that he guaranteed the program with his personal assets. Should hashking be required to liquidate all assets that can be forcefully liquidated by law?

I don't wish to go this route (I really don't).

But as you bring it up: Did you register a business? If not I think the court (if they regard evidence sufficient) will hold you personally responsible. Of course you can declare a bankrupt (well actually I think you need one of your debtors to do it for you) but that will just result in all your holdings being seized, liquidated and the proceeds used to make whole who you are in debt to.

Right, so you are *not* going to honor the insurance. That was my point. I'm glad we agree.

That's childish and dishonest.

Umm, no. That's not true. Declaring your business a failure doesn't absolve you of your debts. You are your business. Your business is you.

Threatening to renege on a legitimate debt to obtain a business concession is scamming.

No. It said insured according to the conditions stated in the thread. So a 24 hour withdrawal period. That is the condition I agreed to.

You cannot keep the 24-hour time frame but you have the moral obligation to be as close to it as possible.

Did the investors of the 3.3% option get their 50% back yet? That should have been paid out, since the insurance amount was supposed to be sitting in an address waiting for a Pirate default.

There's no problem with the direct passthrough.

For the sub-3.3% accounts, I'm feeling the same way as BadBear...

Maybe 3 years is too unreasonable for a "guaranteed" deposit account, though? I'm not sure. Is there any legal precedent for this kind of thing?

Hashking is a scammer +1

I have 100% faith that OP is a scammer and is running yet another Ponzi, borrowing an ever increasing about of BTC at extremely high interest rates.

I also wonder what strings Patrick is trying to pull behind the scenes with his wife and other shill-type accounts like this one with 77 posts.  These may even be real people, maybe even real investors in his scam - just blindly throwing support to him, just like BurtW or Payb.tc did for Pirate.

Wash, Rinse, Repeat the Pirate scam. 

Luckily it seems like through the hard work of users like Joel Katz we are slowly but surely killing the culture of HYIP scams on these boards.  A net positive for the entire community in many ways.

Understood. Please keep us updated. Maybe you can post the next payout date whenever you do a payout.

What method will you use with the larger accounts? How long will it take to pay off the smaller ones?

NEWS FLASH:  I didn't expect anything more from someone who blatantly lies to his depositors and steals their interest. 

I am done.  Funny a 16 year old kid was able to pay his debts in full, paying all creditors equally, and making them whole.   You are in a hole and still digging. 

Some people are just garbage and always will be.

Its not his way it is the universally accepted legal and right way.
Say you only pay back 1,000 BTC and then git hit by a bus and die.
So the creditors who were luck enough to be at the begining on the list get paid in full while other creditors get stiffed - nothing.
If you were at the end of the list would that seem fair and equitable to you?

Unless you designated some creditors "senior" and gave them seniority in any insolvency situation all your creditors are EQUAL and should be repaid EQUALLY.

NEWS FLASH:  YOU ARE AN INSOLVENT DEBTOR.  How you want to do things is irrelevant.  YOU OWE CREDITORS AND ARE IN DEFAULT OF YOUR CONTRACT.
If you have any integrity or decency you would be looking to resolve your debts in an equitable manner.

Obviously given your propensity to blatantly lie to your depositors it isn't all that surprising ...

Youre doing it wrong.