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[proudhon]

I'm new here.

Is this where we say SORRY to Pirate ?

Yes, it's also where we can say "Thank You", too.

[bitlane]

I'm new here.

Is this where we say SORRY to Pirate ?

Yes, it's also where we can say "Thank You", too.

If you are thanking me, there's no need.

If you are telling me that I can say 'thank you' to Pirate, then by all means....Look forward to the response once I actually receive my payout.

[Shadow383]

Welp, this thread's starting to look really fucking stupid:

"<pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders."

[BrightAnarchist]

Welp, this thread's starting to look really fucking stupid:

"<pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders."

Yeah, just saw it, here's the full announcement:

[17:55] <@pirateat40> As much as I've tried to meet the deadlines within the community, there're conditions beyond my control which have escalated the process to the point it is today.
[17:55] <@pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders.
[17:57] <@pirateat40> No timeline or further information is available at this time.

[DeathAndTaxes]

Funny that Pirate admits what already happened 12 days ago.  He was in default the second he didn't pay someone who requested a withdraw.

Of course the question is now that he is in default what % can he repay.  Will creditors get anything. If so how much.  He spends time talking about things that aren't in dispute and then provides no new information.

[finkleshnorts]

He spends time talking about things that aren't in dispute and then provides no new information.

lol.

[proudhon]

Funny that Pirate admits what already happened 12 days ago.  He was in default the second he didn't pay someone who requested a withdraw.

Of course the question is now that he is in default what % can he repay.  Will creditors get anything. If so how much.  He spends time talking about things that aren't in dispute and then provides no new information.

This is just silly at this point.

[gene]

Welp, this thread's starting to look really fucking stupid:

"<pirateat40> Bitcoin Savings & Trust has hereby given notice of default to it's account holders."

Oh you mean that only scams default, legitimate businesses don't?

Interesting.

By the way, yeah it was pretty obvious he was having troubles and would defaut, as it is obvious he is not a scammer. I stand by what everyword I said.

Quoting this for kicks.

[gene]

Actually, I "know" what he was doing, and how he could make such profits. Now if on monday he hasn't paid back/post a news, I will explain the general concept. He was not a scammer, and it wasn't a ponzi, that's for sure. That doesn't mean he will be able to repay all of his debt.

Now I understand why you think pirate deserves to be thanked and everyone who called him a lowlife piece of shit should apologise.

Wait, what?

You'll understand what I meant on monday.

Do you promise on Monday?

Sure (but that could be thuesday for you, I live in France and will give Pirate his full day to give a payment or an explanation)

?

Considering that he will likely tell more on friday and that most here rely on assumptions and won't be open to discussion, I will just say that the general concept is probably exposed here. He was buying and selling coins

Quoting this too. Thanks for uncovering that specific jewel. Now, if you'll excuse me, I'll have to tend to my severe laughter-induced hemorrhage.

[muyuu]

Laugh laugh, it's easy to bleat with the herd

Good stuff you at least put a nice bet against Matthew, so you'll get something back, while you convinced others that everything was alright 

[makomk]

Oh you mean that only scams default, legitimate businesses don't?

Legitimate businesses can default sometimes, but ponzis always default. Oh, and legitimate businesses provide evidence that they've actually invested money where they claim they're going to and that it genuinely didn't work out in order to distinguish themselves from scammers who are pretending that their business just failed.

[gene]

Oh you mean that only scams default, legitimate businesses don't?

Legitimate businesses can default sometimes, but ponzis always default. Oh, and legitimate businesses provide evidence that they've actually invested money where they claim they're going to and that it genuinely didn't work out in order to distinguish themselves from scammers who are pretending that their business just failed.

This kid would accept that pirate was mining adamantium on pluto as a jolly good explanation. The venture fell apart following klingon invasion.

[markm]

Hey now! The presence of Klingons in the outer solar system is classified information! The official secrets act folk will be after you now!

-MarkM-

[bitdragon]

Full disclosure: I bet 100% of my holdings in PPT with Matthew, meaning I'm 100% sure of the outcome.

Sorry for my misunderstanding. Did Matthew run a pass through as well and you are keeping your funds there until potential payout, or you bet 100% against Matthew that Pirate will not return?

[muyuu]

Full disclosure: I bet 100% of my holdings in PPT with Matthew, meaning I'm 100% sure of the outcome.

Sorry for my misunderstanding. Did Matthew run a pass through as well and you are keeping your funds there until potential payout, or you bet 100% against Matthew that Pirate will not return?

He did bet against Matthew that Pirate won't repay. Apparently he's 100% covered by that bet.

https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c#gid=0   (Unclescrooge 450BTC)

But still posts like a right shill that Pirate is legit 

The difference between a planned ponzi and criminal negligence is academic. For all we know, money is lost. Proving intent is most of the time not feasible.

[muyuu]

Proving intent is easy, when you have real clients and business activities, you can prove it

Nope, that's an alibi, but still proves nothing. Mafia fronts have also existed forever.

[AndrewBUD]

Matthew will default just like pirate before anyone get's paid on these "bets"




Wheres my damn single

[DeathAndTaxes]

Full disclosure: I bet 100% of my holdings in PPT with Matthew, meaning I'm 100% sure of the outcome.

Sorry for my misunderstanding. Did Matthew run a pass through as well and you are keeping your funds there until potential payout, or you bet 100% against Matthew that Pirate will not return?

muyuu got it, I bet with Matthew that Pirate won't pay (to cover the losss).

Unbelievable for a shill, isn't it?

Not really.  Shilling is free (or even better than free if you get suckers to join the ponzi).
Matt bet was a way to cover your ass but Karma is a bitch.  Matt isn't going to pay a single bitcent. 

[556j]

Oh fuck I'm broke

How am i going to repay the loan I took at my bank

Time to make a date with Hedonism Bot

[Bitcoin Oz]

That's ok, I'll take a second job at night to repay off, I'll be fine

Please tell me you didnt take out  a bank loan to "invest" in pirate.

facepalm.jpg