I'm giving 100% ROI away to anyone who thinks pirate is a fraud

[coin_toss]

you know, taking this bet is probably a good idea

since there's a timeline involved

yeah its a great idea, until all your money goes down the drain 

[elux]

In light of recent news that pirate has indeed paid out one individual (and 2 reported although unconfirmed), I am even more confident that I will indeed win this bet as I had originally hoped. I've decided to raise the maximum bet to 1,000BTC per person.

 

Code:

300 BTC
1B2ChfKWKDvEzhaxQBE1hVaw8a7c93qTkC
μoλὼν λαβέ

[Matthew N. Wright]

In light of recent news that pirate has indeed paid out one individual (and 2 reported although unconfirmed), I am even more confident that I will indeed win this bet as I had originally hoped. I've decided to raise the maximum bet to 1,000BTC per person.

 

Code:

300 BTC
1B2ChfKWKDvEzhaxQBE1hVaw8a7c93qTkC
μoλὼν λαβέ

Accepted. ἀφαιρετικός.

[SgtSpike]

I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.

CR

I'll escrow it for you, no charge.  Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30).

[Matthew N. Wright]

I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.

CR

I'll escrow it for you, no charge.  Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30).

Acknowledged.

[mooseman99]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

[muyuu]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

That's worse return than a bet at evens. I'd escrow bets at evens here between any two parties, 1% or 1BTC fee whichever is lower. :p

[MrTeal]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.


Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

[Matthew N. Wright]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.


Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

[Gyrsur]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.


Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

this guy here?  
http://www.satoshisuperstars.com/rassah/

[Matthew N. Wright]

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalk.org/index.php?topic=82573.msg1120679#msg1120679)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.


Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

this guy here?  
http://www.satoshisuperstars.com/rassah/

Yes. I was on Satoshi Superstars too. Stop bringing attention to my behind the scenes links with everyone on this giant collusion of a scam that I have obviously perpetrated. You're ruining everything!

[Gyrsur]

ok, will leave this behind if the whole pirate show is over... good luck to all which are involved! and for next month after this please a little more calm here and good vibes please!

EDIT: but anyway you are very well networked!

[Matthew N. Wright]

ok, will leave this behind if the whole pirate show is over... good luck to all which are involved! and for next month after this please a little more calm here and good vibes please!

EDIT: but anyway you are very well networked!

Pirate show is almost over I believe, but I reserved the 3 weeks grace period just in case. Good havin' you mate. Cheers.

[Oinsane1]

bet 350 btc
1DQSai4K5R6bVhBSB7X3C7PWUVpByT7PpQ

with agreed to terms by both parties...  and credit established by myself

[Matthew N. Wright]

bet 350 btc
1DQSai4K5R6bVhBSB7X3C7PWUVpByT7PpQ

with agreed to terms by both parties...  and credit established by myself

Acknowledged.

[Rassah]

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not backed by anything, and basically be like fiat currency?

[dree12]

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not back by anything, and basically be like fiat currency?

Worse than fiat currency, because they are backed by entirely nothing (not even the force of the government) and run the risk of being delisted, effectively removing its value as a store of value. Imagine money that not only nobody wants, but may also disappear whenever.

[Matthew N. Wright]

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not back by anything, and basically be like fiat currency?

Worse than fiat currency, because they are backed by entirely nothing (not even the force of the government) and run the risk of being delisted, effectively removing its value as a store of value. Imagine money that not only nobody wants, but may also disappear whenever.

Isn't the GLBSE fantastic? I'd trust it with my Life.....cereal.

[Rassah]

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not back by anything, and basically be like fiat currency?

Worse than fiat currency, because they are backed by entirely nothing (not even the force of the government) and run the risk of being delisted, effectively removing its value as a store of value. Imagine money that not only nobody wants, but may also disappear whenever.

So... like a Monopoly board game box that someone left precipitously balanced on the edge of a toilet bowl Ok.

[coinrolls2]

I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.

CR

I'll escrow it for you, no charge.  Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30).

Thanks for the offer, Matthew said that since I'm a donor he'd take my bet even though my post count is low.


100BTC
1PeQkW5VxREJDkCgBcsXe7CuZrfA3Uy7zn

CR