So what if Pirate does not pay back, he has a full weekend to dump...

[Shadow383]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

[Vladimir]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Perhaps, not just apology but disgorgement of illegally/unethically obtained funds as well?

[notme]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Perhaps, not just apology but disgorgement of illegally/unethically obtained funds as well?

I have made my passthrough lenders whole shortly after the announcement.  If pirate defaults I will lose more, but I will have no unethically obtained funds.  I may, however, apologize for defending pirate so fiercely, but I strongly believe it won't come to that.  If I'm wrong, oh well, the loss will be hard, but I can take it.

[DeathAndTaxes]

Even if everything was a ponzi scheme why would he even make an announcement on the forums. Wouldn't it be easier just to go to a country with no extradition treaty with the US? I am not going to lie, its not like pirate is someone mysterious hiding in the shadows. People know his name and I am pretty sure what he looks like. Violence is always an option.   

Maybe he already did.  Last time I heard countries without extradition treaties are part of the intertubes.  Some of them even have nice beaches

[DeathAndTaxes]

Just FYI - *Stealing* Bitcoins is not a crime. Not a single legal system anywhere is going to care about this.

Stealing is a crime.  Period.  Most countries don't define what can or can't be stolen.  


If you steal a potato it is a crime.  If you steal a beanie baby it is a crime.  If you seal a sack of aluminum cans heading to the recycling center it is a crime.

Please point out a statute that lists by item which can be stolen without it being a crime.   

The law doesn't work that way, it never has.  Imagine how stupid it would be if the the law did work that way.  
"Buddy I got a gun; give me your cellphone.  No not your wallet.  You think I am stupid?   I am not going down for robbery.  Just the cellphone.  Stealing a cellphone isn't a crime (yet)".

[EuSouBitcoin]

Potato

http://www.youtube.com/watch?v=Wdqbi66oNuI

[BCEmporium]

Exchange money for money or make money with money is an abrasive process, you can't possible get any revenue when nothing is being created or added to the economy... who the hell still believes in Ponzi scams?! If you felt for it, I've to say "too bad!".

[imsaguy]

I think, if, as I presume, he's been running a scam all along, he has already sold and withdrawn all the money he needs. The crash in the markets has been either a panic reaction from others

Makes sense, it is not some revelation, however. Obvious is obvious. If it is a fraud which it almost certainly is, the pirate has cashed out his booty long ago. Now let's see how suckers will react on realisation that their net worth is much smaller than they still think/hope/pray it is.

It is so funny to see how suckers and shills celebrate here: "Hooray Pirate sez he will return all the money soon!. It is now proven to be not ponzi..." What a bunch of dumb idiots!

We need shares of popcorn trading on GLBSE.

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

[robocoin]

I actually have a little amount in BTCmax

But I actually appreciate that BST is shut down, a major ?Sign can be cut out of the equation. And this happens just one month before the mysterious "major Bitcoin Announcement in September" (although does not need to be connected). We might face a more clear and accepted future for Bitcoin. Maybe I will see the 20$/BTC mark this year.

[teflone]

Right, must be a coincidence that the weekend he closes shop we see huge dumps after a large rally.

This..

[imsaguy]

Right, must be a coincidence that the weekend he closes shop we see huge dumps after a large rally.

This..

Because everyone is panicing.  Talk to any of the lenders that aren't pirate passthroughs.  Everyone wants to withdraw their money and are apparently selling on the market.

If pirate really weren't going to pay back, why would he say anything?  If he wasn't going to pay back and intended to just dump everything, he'd keep it as quiet as possible and let people support the dumping unknowingly, right?

I think people were moving USD into bitcoin, more so than they normally would, to take advantage of pirate's rates.  This effectively pushed us up to a year high.  Now that the rates aren't available, you have people moving the USD back out of bitcoin.

[smracer]

Right, must be a coincidence that the weekend he closes shop we see huge dumps after a large rally.

This..

Because everyone is panicing.  Talk to any of the lenders that aren't pirate passthroughs.  Everyone wants to withdraw their money and are apparently selling on the market.

If pirate really weren't going to pay back, why would he say anything?  If he wasn't going to pay back and intended to just dump everything, he'd keep it as quiet as possible and let people support the dumping unknowingly, right?

I think people were moving USD into bitcoin, more so than they normally would to take advantage of pirate's rates.  This effectively pushed us up to a year high.  Now that the rates aren't available, you have people moving the USD back out of bitcoin.

You are exactly correct.  Go read about Elliot Wave Theory.  This is panic selling.  All of these people think that Bitcoin is going to go to $2 and they want to get their money out now.  Once they see the real demand rebound the price they are going to panic buy on the market and shoot bitcoin up 3-5x times the stable price of $5. 

[RoloTonyBrownTown]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Well, to certain people, perhaps.  That said, I never once professed to understanding what Pirate has been doing, and I've never said "it's not a ponzi", nor have I attempted to get anyone else to invest with Pirate (as I've always said, what a person does with their own money is their own choice).

My issue throughout all this is the absolutely disgusting way your lot have gone about their little crusade.   It wasn't enough to simply state that you thought investing with Pirate was a bad idea, instead it was just thread after thread after thread, all spouting the same crap, and getting very hostile with people who disagreed with you.   To those people, and it's the majority, no I won't be apologising.  Those people are on ignore, and will stay that way as they're not worth my time.

To the very few who were civil and normal about all this, I'll happily apologise to if they so desire (even considering my first sentence above).  That does NOT include Vlad, Micon, hgmichcahh (whatever), Vandroiy. smoothie and I'm sure plenty more I can't think of right now.  Those people are pretty disgusting excuses for human beings.

[smoothie]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Well, to certain people, perhaps.  That said, I never once professed to understanding what Pirate has been doing, and I've never said "it's not a ponzi", nor have I attempted to get anyone else to invest with Pirate (as I've always said, what a person does with their own money is their own choice).

My issue throughout all this is the absolutely disgusting way your lot have gone about their little crusade.   It wasn't enough to simply state that you thought investing with Pirate was a bad idea, instead it was just thread after thread after thread, all spouting the same crap, and getting very hostile with people who disagreed with you.   To those people, and it's the majority, no I won't be apologising.  Those people are on ignore, and will stay that way as they're not worth my time.

To the very few who were civil and normal about all this, I'll happily apologise to if they so desire (even considering my first sentence above).  That does NOT include Vlad, Micon, hgmichcahh (whatever), Vandroiy. smoothie and I'm sure plenty more I can't think of right now.  Those people are pretty disgusting excuses for human beings.

Wow so you want an apology if we are wrong but if you are wrong you refuse to apologize.

Looks like you outed yourself as a "pretty disgusting excuse for a human being"

Cry more bitch... lol

[smoothie]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Well, to certain people, perhaps.  That said, I never once professed to understanding what Pirate has been doing, and I've never said "it's not a ponzi", nor have I attempted to get anyone else to invest with Pirate (as I've always said, what a person does with their own money is their own choice).

My issue throughout all this is the absolutely disgusting way your lot have gone about their little crusade.   It wasn't enough to simply state that you thought investing with Pirate was a bad idea, instead it was just thread after thread after thread, all spouting the same crap, and getting very hostile with people who disagreed with you.   To those people, and it's the majority, no I won't be apologising.  Those people are on ignore, and will stay that way as they're not worth my time.

To the very few who were civil and normal about all this, I'll happily apologise to if they so desire (even considering my first sentence above).  That does NOT include Vlad, Micon, hgmichcahh (whatever), Vandroiy. smoothie and I'm sure plenty more I can't think of right now.  Those people are pretty disgusting excuses for human beings.

Translation: I'm a fucking cry baby that can't accept that others disagree with me and have their own opinions concerning pirate's operation. I want an apology from you fucks if I'm right and if i'm wrong I won't apologize to certain people. Wah wah wah!

[Shadow383]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Well, to certain people, perhaps.  That said, I never once professed to understanding what Pirate has been doing, and I've never said "it's not a ponzi", nor have I attempted to get anyone else to invest with Pirate (as I've always said, what a person does with their own money is their own choice).

My issue throughout all this is the absolutely disgusting way your lot have gone about their little crusade.   It wasn't enough to simply state that you thought investing with Pirate was a bad idea, instead it was just thread after thread after thread, all spouting the same crap, and getting very hostile with people who disagreed with you.   To those people, and it's the majority, no I won't be apologising.  Those people are on ignore, and will stay that way as they're not worth my time.

To the very few who were civil and normal about all this, I'll happily apologise to if they so desire (even considering my first sentence above).  That does NOT include Vlad, Micon, hgmichcahh (whatever), Vandroiy. smoothie and I'm sure plenty more I can't think of right now.  Those people are pretty disgusting excuses for human beings.

By and large, I've merely asked questions, and have, in return, had a vast number of personal attacks directed my way by the BS&T fan-club.

At this point, if people lost money, it's their own fault - they had all the information there available to them, but they didn't pay any attention to it.
If by some miracle BS&T investors get all their money back, they got lucky and should be glad of that.

[RicePicker]

smoothie you need to find something fucking better to do that sit around on the forums and talk about what supposedly bad investments others have made. Why does it even concern you? Great if you were right about it being a ponzi does it make you penis larger? If you are wrong you still will sound like you have a stick up you ass. Calm down and go do something productive in real life.  

[Bitcoin Oz]

The good thing is that we all likely will know rather soon.

In best case scenario I've been completely wrong about all of this all the time, I sincerely hope to be wrong, however unlikely that is.

I'm glad you've said that because the amount of vitriol that has been spread on this forum recently has suggested that some people actually want this to be a ponzi - if only to be right.

They do.  A lot of people have shown their true colours throughout all this.   Sorry excuses for human beings, and they can go jump as far as I'm concerned.

I, too, will be pushing pretty hard for some public apologies from these people should Pirate come through (not to me, I couldn't care less what these pricks think, but to pirate first and foremost and then everyone else they've been complete shits to for the past months).

So I take it you'll be making an apology if it turns out we were right all along?

Well, to certain people, perhaps.  That said, I never once professed to understanding what Pirate has been doing, and I've never said "it's not a ponzi", nor have I attempted to get anyone else to invest with Pirate (as I've always said, what a person does with their own money is their own choice).

My issue throughout all this is the absolutely disgusting way your lot have gone about their little crusade.   It wasn't enough to simply state that you thought investing with Pirate was a bad idea, instead it was just thread after thread after thread, all spouting the same crap, and getting very hostile with people who disagreed with you.   To those people, and it's the majority, no I won't be apologising.  Those people are on ignore, and will stay that way as they're not worth my time.

To the very few who were civil and normal about all this, I'll happily apologise to if they so desire (even considering my first sentence above).  That does NOT include Vlad, Micon, hgmichcahh (whatever), Vandroiy. smoothie and I'm sure plenty more I can't think of right now.  Those people are pretty disgusting excuses for human beings.

Much like fundamental christians trying to stop people going to hell Id imagine.

[smoothie]

smoothie you need to find something fucking better to do that sit around on the forums and talk about what supposedly bad investments others have made. Why does it even concern you? Great if you were right about it being a ponzi does it make you penis larger? If you are wrong you still will sound like you have a stick up you ass. Calm down and go do something productive in real life.  

Oh now we have someone thinking that they can tell me what you do with my time.

Ricepicker go pick some rice. Or go and fulfill your fantasy with large penises. Seems you like them big given you bring them up.

 I'll continue on being smooth.

 

[Vladimir]

I had a thought.... what if unthinkable happens, miracle of sorts. That anonymous guy who holds right now reportedly 500k BTC of sucker's money will somehow give to those suckers ~600k BTC indeed. Hypothetically speaking. Would I need to apologize? I thought and thought and pondered this unlikely eventuality... and no I will not apologize.

Well maybe, just maybe, I would apologize to some specific person if I really said something real wrong...

Otherwise, hell no! Whatever will happen to the pirates op, tomorrow another anonymous personage starts another ponzi looking op, I will say the same thing again. I have nothing to apologize for in either case, and it is not my mission to please anyone here.