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421  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: September 09, 2012, 05:13:47 PM
updated.
422  Economy / Lending / Re: A list of defaulted loans (list of scammers inside here) on: September 09, 2012, 05:11:34 PM
please add nckrazze, hashking, ineededausername, imsaguy, and kluge to the list.
423  Economy / Service Discussion / Re: In 1 h - Who got paid from Matthew N. Wright famous bet : 0/112 Total 0/79947.58 on: September 09, 2012, 03:52:24 PM
I have not been paid.
424  Economy / Service Discussion / Re: pirate payments list -- accounts paid: 23/459 on: September 09, 2012, 03:50:33 PM
I STILL HAVE NOT BEEN PAID NEITHER.
425  Economy / Service Discussion / Re: Discussion about 10,000BTC Bet (Official) on: September 09, 2012, 03:33:58 PM
It is the 9th of September. Let the fun begin.
426  Economy / Long-term offers / Re: Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 on: September 09, 2012, 04:42:50 AM
At least Hashking fessed up, and is trying to make things right. Most people in that situation would just disappear.

I'm not so sure about this. It looks like the exact same stalling tactics that both Pirate and NCKrazze used when their scams fell apart. I suspect the purpose is to diffuse the anger people feel and reduce the risk that someone will go to the trouble and figure out where they live to throw a molotov cocktail through the front window of his house or whatever. Consider that Hashking was probably contemplating and composing his "I'm broke" message for the past several days. It should have been a lot more thorough. All we got was a "mea culpa, I will make it right." If he was sincere about making things right his message would look more like this:

* I fucked up. I apologize from the bottom of my heart.
* Since I am the one that fucked up, I will go to extraordinary lengths to make it right for people whose trust I violated
* I owe xxx amount of bitcoins right now
* I have yyy amount of fiat and zzz amount of bitcoins to pay back my creditors immediately
* I have the following sources of income: (mining, real estate investment, real job, etc)
* I have the following assets: gold, silver, firearms, vehicles, etc..
* I will make my first good faith payment of xxx bitcoins in three days as soon as my money gets to Mt Gox and I can buy some coins
* I'm asking my creditors how I can make this the least shitty for them and am soliciting opinions
* I'm sorry

Instead we got a bunch of vague bullshit about faulty computer hardware returned for a refund with volatile bitcoin prices and so on.

One thing I can say that Hashking did right is that he mentioned a 3 year payment window. This will keep his marks complacent for longer than NCKrazze's and Pirate's, who both promised repayments in days or weeks. By the time his creditors will accept that they were fucked, Hashking's scam will be ancient history, so from a personal safety standpoint this is a smart move for him as it allows their anger to gradually flare out.

We should also ask what motivation an admitted scammer will have three years from now to pay anyone back. To save his "reputation?" His reputation is irreparably damaged at this point.

The only other motivation I can think of if he were going to pay us would be to calm a guilty conscience. But if that were what's driving him, his announcement would have looked more like the outline that I posted above.

CONCLUSION: We're fucked, and Hashking is trying to play us.
i tried to get some info, but got none.
427  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: September 09, 2012, 02:13:14 AM
and now HK is in default....

More like insolvent.

if he can't pay his bills on time, then to me he is in default.
428  Economy / Long-term offers / Re: Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 on: September 09, 2012, 02:12:30 AM
coincidence? or planned together?
Both imsaguy and hashking say it will take 3 years to repay.
429  Economy / Long-term offers / Re: imsaguy's Enormously Interesting Extended Investment Opportunity on: September 09, 2012, 02:11:54 AM
coincidence? or planned together?
Both imsaguy and hashking say it will take 3 years to repay.
430  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: September 08, 2012, 05:52:23 PM
and now HK is in default....
431  Economy / Currency exchange / Re: TheBitMint - Buy Bitcoins With PayPal (Site Closed) on: September 08, 2012, 01:08:12 AM
Received.
OP, you are a good honest person. you actually paid everyone back.
432  Bitcoin / Mining support / 7970 faster with 12.3 or 12.8? on: September 07, 2012, 10:11:08 PM
Got 2 7970 GPUs on a rig, running fine for weeks.
A program I use need to have 12.8 drivers.
I am currently using 12.3.
Would the 12.8 driver screw anything up? Would it be slower/faster?
Should I use the SDK that came with 12.8?
Thanks
433  Economy / Long-term offers / Re: update 09/07. chungenhung deposits, 500BTC available, 4% for 30 days on: September 07, 2012, 05:12:48 PM
updated.
434  Economy / Currency exchange / Re: TheBitMint - Buy Bitcoins With PayPal (Site Closed) on: September 06, 2012, 05:01:16 PM
Any update? Friday was 3 banking days ago
due to the way my schedule is I will go friday, i meant this friday
hopefully this will not turn into next friday.
435  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: August 31, 2012, 04:10:07 PM
I also would like to hear some counter-arguments, especially from the people involved.

hashking's response seems to make sense, so we'll see the result at the end of the term? It seems that it's still INAU's responsibility to return the coins though.

I think nckrazze needs to find a way to cover the loss ASAP. He's a trusted member of the community and he can continue to make money if he stands behind his word. I hope he's waiting for the pirate just to be able to measure the depth of trouble he's in.


It is my responsibility to return the coins to GIPPT.  Chungenhung and I have reached a private settlement on this matter, and I now owe nothing at all to chungenhung.  He will confirm this.

I confirm hashking's response is accurate.  His 8 week CD is being used to back GIPPT and when it is paid, everyone investing in GIPPT will be paid.  I do not know what all this commotion is about.

Correct.
436  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: August 31, 2012, 01:24:16 AM
I also would like to hear some counter-arguments, especially from the people involved.

hashking's response seems to make sense, so we'll see the result at the end of the term? It seems that it's still INAU's responsibility to return the coins though.

I think nckrazze needs to find a way to cover the loss ASAP. He's a trusted member of the community and he can continue to make money if he stands behind his word. I hope he's waiting for the pirate just to be able to measure the depth of trouble he's in.

Correct, it is INAU's responsibility.
But I was under the feeling that if it is insured, at least HashKing should pay directly.
As of now, I got this settled with INAU.
437  Economy / Long-term offers / Re: List of Lying deposit takers, and the reasons why on: August 30, 2012, 04:33:50 PM
This is a good post and needs to be made, I have had dealings with chungenhung and cant fault him.
My reasons were not related to Pirateat40, But obviously came at the wrong time, It was handled well.
I hope to do business again when I am more stable.
It sure came at the wrong time. Everyone was pulling deposits out at that time and I thought you were one of them with the same reasons.
438  Economy / Long-term offers / List of Lying deposit takers, and the reasons why on: August 30, 2012, 03:38:45 PM
This is somewhat related to pirateat40 BTCST mess.

Many deposit takers on this forum state that the deposits are NOT invested in BTCST. They gather people to deposit with them, and simply turn around and put it with pirate. Sure, receiving 7% weekly from pirate and paying 2% out is very profitable.

I hate to be blunt here, but so far, a few "INSURED" or "GUARANTEED" deposits have went bust.

Here's the list:
1. Nckrazze. https://bitcointalk.org/index.php?topic=81927.0
He stated the deposits are NOT placed in BTCST funds. But due to BTCST default, now he is UNABLE to pay back.
If the funds are not placed in BTCST, then what does BTCST default have anything to do with his ability to pay back?
He also stated a 35% reserve fund. If the fund is really reserved, then why can't he pay back 35% of the deposits?
In my opinion, he is lying.
2. IneededAUserName (INAU). https://bitcointalk.org/index.php?topic=91375.0
He stated that the pirate deposit is FULLY insured. Now BTCST has annouced default, but INAU still haven't paid back the "INSURED" deposits.
I was told to wait over a month to get my deposits back.
3. HashKing. Supposedly holds the INSURED coins from IneededAUserName. Now that pirate defaulted, HashKing is UNWILLING to pay out the deposits INAU have with him directly to me. Saying the deposit is a regular deposit, and thus the deposit will be returned to INAU. At that point, what if INAU just decides to run with the coins? This is NOT really HashKing's fault, as he said INAU never said the deposit is to be hold as escrow.
Update 09/08. HashKing has put all interest rates to 0% on all accounts, and have NOT been making payments. So, if I were to wait for INAU to get his coins from HK, I'll be fucked more by now.
4. imsaguy. Supposedly invests in mining hardware. But somehow, he got caught in the pirate mess too. Also, both imsaguy and HashKing said they need 3 years to pay back. Coincidence or planned?

To be determined:
1. Kluge. I was in a skype chat room with all the above guys. Started to ask imsaguy question about what is his REAL plan to repay investors. In the end, I got kicked out by Kluge.
This doesn't mean Kluge is a scam, but that is enough reason to believe Kluge is planning with the above guys.
Update. Kluge said b/c there's too much BS going on in the skype chat room, and he don't have time for the non-sense talk. On top of that, Kluge says his ISP gives him very limited bandwidth per month. I believe his house is in a remote area where broadband is not really available.
Kluge confirmed that he is working with imsaguy on a solution.

You are welcome to post what you think, and why I am wrong.
This post is not to create a war, but rather let people know what "INSURED" and "GUARANTEED" usually means nothing.
439  Economy / Long-term offers / Re: NCKRAZZE's Deposits - Low Risk Deposits with Guaranteed Payback Weekly @ 2.5% /w on: August 30, 2012, 03:25:57 PM
You stated that the funds you get is NOT put into BTCST, then why would a BTCST default affect your payout?
It sounds like you are lying from the very beginning.
All these deposits that went bust, is b/c all of you guys were investing in BTCST with people's funds. How can you "guarantee" and tell people they are not related to BTCST?
440  Economy / Scam Accusations / Re: Is pirate considered a scammer by Bitcoin community*? Poll:vote/view results on: August 29, 2012, 08:16:33 PM
Pirate is not a scammer. BS&T is not a ponzi. It turned to shit because so many tried to withdraw at the same time when he lowered the rate.

I can't wait to see the reaction when he pays everybody back, especially now all the news sites have made articles stating that it was a ponzi. Many lulz will be had by all.

While people are patiently waiting for pirate to pay back their money, are they earning the old interest rate (7%) or the new, lower rate (5%)?

Not that it really matters, that is still a shitload of interest every day.
It is 0% for the waiting period as I understand.
He have declared that BTCST has defaulted.
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