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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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unclescrooge (OP)
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August 17, 2012, 06:55:38 PM
Last edit: April 05, 2017, 01:52:52 PM by unclescrooge
 #1

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finkleshnorts
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August 17, 2012, 06:58:49 PM
 #2

INow that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.

Do you really think that FUD is the reason why he shut down? Bullshit thread is bullshit. Don't count your chickens just yet anyway.
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August 17, 2012, 06:59:38 PM
 #3

Trying not to sound ignorant, what does "FUD" mean?

unclescrooge (OP)
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August 17, 2012, 07:02:51 PM
 #4

INow that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.

Do you really think that FUD is the reason why he shut down? Bullshit thread is bullshit. Don't count your chickens just yet anyway.

Of course it is. He needs large amount of coins to operate, why do you think he was paying 7% a week for?
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August 17, 2012, 07:03:11 PM
 #5

Trying not to sound ignorant, what does "FUD" mean?
fear, uncertainty and doubt

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August 17, 2012, 07:07:36 PM
 #6

INow that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.

Do you really think that FUD is the reason why he shut down? Bullshit thread is bullshit. Don't count your chickens just yet anyway.

Of course it is. He needs large amount of coins to operate, why do you think he was paying 7% a week for?

Go read what he said, then. FUD is definitely not why he shut down.

If everyone turns out to get their coins back, then I'll be very, very happy I was wrong.
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August 17, 2012, 07:10:28 PM
 #7

INow that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.

Do you really think that FUD is the reason why he shut down? Bullshit thread is bullshit. Don't count your chickens just yet anyway.

Of course it is. He needs large amount of coins to operate, why do you think he was paying 7% a week for?

Go read what he said, then. FUD is definitely not why he shut down.

If everyone turns out to get their coins back, then I'll be very, very happy I was wrong.

If he returns the funds it will be a boost for the bitcoin economy, 30k + coins now available for investment elsewhere.

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August 17, 2012, 07:10:56 PM
 #8

The FUD was actually getting Pirate more investments, so you're very welcome!

Anyway, I'm hesitant to go one way or another on this until Monday.

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August 17, 2012, 07:12:23 PM
 #9

Come on, he announced he is shutting down and paying back. What do you think he is doing? Catching the plane to Brazil this weekend?

And I doubt the FUD lead to more investments.
unclescrooge (OP)
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August 17, 2012, 07:13:31 PM
 #10

Don't know if it's the fud. I'm pissed against all this misplaced hatred and insults, that's all.
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August 17, 2012, 07:28:00 PM
 #11

Well, I for one AM SORRY.....but I never spread FUD.

Pirate was well aware of my problem and the fact that he stated in his closing thread that he has been in contact with his lenders over the past week, letting them know what was happening....only serves to strengthen my claim. I was ignored.

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I’ve spoken with my clients over the last week and come to an agreement that would allow me to close down my operation within a week.  Currently my reserve (operating wallets) are drained from fulfilling the withdraw spree that happened after the rate drop announcement.  All withdraws at this point will be delayed until Monday when the shutdown process begins..

If I had received some of that COMMUNICATION, I would have been more than happy to keep my mouth shut, but it was the LACK OF COMMUNICATION that I simply couldn't take any longer.

Sorry things didn't work out for everyone.

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August 17, 2012, 07:37:40 PM
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I doubt he spoke with his lenders, even the largest ones.
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August 17, 2012, 08:19:04 PM
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The crash is Pirate cashing out..  flight to nowhere comes next... Cheesy



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August 17, 2012, 09:01:31 PM
 #14

I will apologize publicly if all funds are returned.

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August 17, 2012, 09:23:56 PM
 #15

Now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.
Ah, if I had a bitcoin for every scammer or dupe who blamed the failure of their doomed scheme on negativity, on all the nay-sayers who pointed out the obvious warning signs.

I will apologize publicly if all funds are returned.
I doubt this is going to happen somehow but I still won't apologize. If you invest all your money in something that's literally indistinguishable from a Ponzi scheme and somehow, against all the odds, you've managed to get lucky and invest in the one Ponzi-like scheme out of innumerable others that's somehow not actually a Ponzi, why should I or anyone else apologize for telling you that you're an idiot. After all, you still are - just an idiot that got lucky.

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August 17, 2012, 09:31:22 PM
 #16

Now that Pirateat40 closed down his operatations thanks to all the fud that was going on and growing on the forum, I expect everyone that spreads this fud, accused and insulted Pirate and the people that supported him to apologize.

Not only did Pirate brought us a great opportunity for investors (once in a lifetime actually), he did help stabilise and grow steadily bitcoin price, volume exchange, and thus contributed to the success of bitcoin. For that, Pirate, I want to thank you. You've done a wonderful work, and I hope you're stay around here.

Now, apologies on.
Ah, if I had a bitcoin for every scammer or dupe who blamed the failure of their doomed scheme on negativity, on all the nay-sayers who pointed out the obvious warning signs.

I will apologize publicly if all funds are returned.
I doubt this is going to happen somehow but I still won't apologize. If you invest all your money in something that's literally indistinguishable from a Ponzi scheme and somehow, against all the odds, you've managed to get lucky and invest in the one Ponzi-like scheme out of innumerable others that's somehow not actually a Ponzi, why should I or anyone else apologize for telling you that you're an idiot. After all, you still are - just an idiot that got lucky.
I will apologize to pirate if he was not running a scam.  However, if I see anything like his operation pop up in the future, I will not hesitate to call it out as a ponzi again.

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August 17, 2012, 10:19:23 PM
 #17

Come on, he announced he is shutting down and paying back. What do you think he is doing? Catching the plane to Brazil this weekend?

Maybe not Brazil...
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August 17, 2012, 10:28:20 PM
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I will apologize publicly if all funds are returned.

+1. I think it's honest for people to have been calling it a ponzi, and I'm happy that people were urging caution w.r.t. pirateat40. Live and let live Smiley
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August 17, 2012, 10:52:38 PM
 #19

The OP has sucked too much Pirate cock.

How the fuck do you know that Pirate brought opportunity to bitcoin when no one even knows his business model?

You are super ignorant.  Grin Grin Grin

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August 17, 2012, 11:05:00 PM
 #20

The OP has sucked too much Pirate cock.

How the fuck do you know that Pirate brought opportunity to bitcoin when no one even knows his business model?

You are super ignorant.  Grin Grin Grin

Yeah, the dudes that shake the economy are the morons on the speculation board who profit $3 when the BTC price moves by $2 up and down Roll Eyes
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