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Author Topic: The Scam was never a PONZI..... the Scam was the ENDGAME.  (Read 4902 times)
bitlane (OP)
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August 19, 2012, 02:32:15 AM
Last edit: August 19, 2012, 02:50:59 AM by bitlane
 #1

There's a reason why certain people refused to EVER talk about USD in reference to Bitcoin with his Lenders.
Bitcoin was ALWAYS Bitcoin and nothing more.....NEVER translating into a discussed amount of US Dollars.

Ever wonder how long it will take to virtually (well, literally) suck the economic life out of Bitcoin ? My guess is 2 weeks.

I for one am looking forward to an increase in my invested Bitcoins of 7% at the cost of 50% of their USD value.

HOW COULD I BE SO FUCKING STUPID ?

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 19, 2012, 02:35:13 AM
 #2

Speaking too soon mate.

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August 19, 2012, 02:36:46 AM
 #3

I think I'll remember this funny days for ever, extremely entertaining.
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August 19, 2012, 02:37:48 AM
 #4

I think I'll remember this funny days for ever, extremely entertaining.

1 BTC worth 100$ on entrainment value alone.


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bitlane (OP)
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August 19, 2012, 02:38:58 AM
 #5

1 BTC worth 100$ on entrainment value alone.

.....and $5 USD value in a week and a half.

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August 19, 2012, 02:41:01 AM
 #6

buttcoin.org closed way to soon. comedy gold lately.
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August 19, 2012, 02:43:56 AM
 #7

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.

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August 19, 2012, 02:45:20 AM
 #8

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.



wait we need one in popcorn!

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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bitlane (OP)
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August 19, 2012, 02:47:21 AM
 #9

Pirate@40 - 200 years too late  =  Vampire@30 - Right on time....

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August 19, 2012, 02:50:02 AM
 #10

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.


Where can I buy popcorn futures ?

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August 19, 2012, 02:51:49 AM
 #11

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.


Where can I buy popcorn futures ?

I'll sell you some if you first send me your bitcoins....lol.... Wink

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                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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August 19, 2012, 02:53:41 AM
 #12

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.


Where can I buy popcorn futures ?

I'll sell you some if you first send me your bitcoins....lol.... Wink

I only have carrots.

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August 19, 2012, 02:54:50 AM
 #13

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.


Where can I buy popcorn futures ?

I'll sell you some if you first send me your bitcoins....lol.... Wink

I only have carrots.


Damn Cheesy

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███████████████████████████████████████

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LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
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August 19, 2012, 02:57:02 AM
 #14

1 BTC worth 100$ on entrainment value alone.

.....and $5 USD value in a week and a half.

Mining stocks should be a lot more valuable  Smiley

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August 19, 2012, 03:05:01 AM
 #15

Hmm, bitlane, so you think he can cycle the BTC price on MtGox enough in 2 weeks to get enough bitcoins to fully reimburse? I guess it is the ultimate sucker test if he can get people to sell 10000s of bitcoins at a low price he created. Personally, I'd just hold onto my BTC if it dips too low during the official Pirateat40 closing period. Heck other people might be willing to buy in and take advantage of the rise in volume trading.

This is assuming pump and dump cycling is his plan for reimbursement as you are intimating. It would definitely fit the psychology of someone who thinks they control the market.

                                                                               
                
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bitlane (OP)
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August 19, 2012, 03:08:20 AM
 #16

This is assuming pump and dump cycling is his plan for reimbursement as you are intimating. It would definitely fit the psychology of someone who thinks they control the market.

This is 100%

He will use the following week(s) to increase his personal holdings in BTC while paying back investors using pump/dump market moves.
We all know he is UP 30+% already, so all it takes is a bit more panicking to sell further coins, right into his hands.

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August 19, 2012, 03:11:07 AM
 #17

We should start a few new ponzis one denominated in carrots and another one  denominated in psychic powers.


Where can I buy popcorn futures ?

I'll sell you some if you first send me your bitcoins....lol.... Wink

I only have carrots.

http://www.ohakune.info/whyohakune/carrot-capital.php
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August 19, 2012, 03:48:20 AM
Last edit: August 19, 2012, 06:10:19 AM by fcmatt
 #18

so take money from lenders.
sell the bitcoins for usd.
price keeps going up the whole time.
now you have usd but very hard to get btc to pay back with.
so use personal stash of btc or whatever is left from last deposits to drive price down.
manage to get price down from high of 15 to about 11
now you have even more usd
yet to purchase just a measily 500 btc will raise price of btc to 11.20 let alone 100K of btc which will bounce price past 14 easy

this does not compute

so you must have had bids waiting.. yet price has not gone down below 10 yet.
i doubt he sold all that btc at > 10 over the last months since price was only above that for a month now.

this does not compute either

so i am confused here. how does one get enough btc to pay everyone back at this point?

conclusion.. must have a lot of btc already and any attempt to crash market is an attempt to just get more.
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August 19, 2012, 05:35:47 AM
 #19

buttcoin.org closed way to soon. comedy gold lately.

Follow the SA thread.  We've been watching this fiasco and mining the comedy gold. 
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August 19, 2012, 05:39:30 AM
 #20

I'm counting on it, Wink

14ga8dJ6NGpiwQkNTXg7KzwozasfaXNfEU
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