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myrkul
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August 21, 2012, 04:17:36 AM |
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He was 70. Pirate is 30.
I thought he was 40  The name actually refers to his retirement plan: 1. Steal bitcoins. 2. Buy a ship 3. Arrrrr! |
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drrussellshane
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August 21, 2012, 04:30:12 AM |
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He was 70. Pirate is 30.
I thought he was 40 The name actually refers to his retirement plan: 1. Steal bitcoins. 2. Buy a ship 3. Arrrrr! I heard he made enough money to buy Miami, but he pissed it away so fast. Never meant to last. Never meant to last. |
Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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bitcoinBull
Legendary
 Offline
Activity: 826
Merit: 1001
rippleFanatic
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August 21, 2012, 07:05:48 AM |
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Where's the best list of lenders waiting for payment? Step forward.
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College of Bucking Bulls Knowledge
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Peter Todd
Legendary
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Activity: 1120
Merit: 1160
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August 21, 2012, 07:24:03 AM |
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watching... (because the new-fangled "watch" button doesn't seem to work)
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NRF
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August 21, 2012, 09:33:09 AM |
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watching... (because the new-fangled "watch" button doesn't seem to work)
Like him |
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muyuu
Donator
Legendary
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Activity: 980
Merit: 1000
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August 21, 2012, 10:09:02 AM |
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Looking forward to this mess being over.
Watching.
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GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
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dbox
Member
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Activity: 86
Merit: 10
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August 21, 2012, 01:07:58 PM |
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Pirate, y u no pay?!
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ultramancool
Newbie
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Activity: 18
Merit: 0
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August 21, 2012, 01:45:00 PM |
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Still no payments? I'd been pretty sure this guy was running a blatant Ponzi scheme from the beginning (and yes, I've got a bet down for a couple BTC, my money is where my mouth is). Well, this should be fun to watch. I can't believe there are still people who think they're getting their money back.  |
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nibor (OP)
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August 21, 2012, 01:51:35 PM |
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Someone is bidding 0.73 BTC for a PPT bond on GLBSE!
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cryptoanarchist
Legendary
Offline
Activity: 1120
Merit: 1003
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August 21, 2012, 03:32:38 PM |
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I'm grumpy!!
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AndrewBUD
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August 21, 2012, 03:37:16 PM |
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Well this whole thing might work out really good for people with coins to spend..... Buying Pirate assets at a discount..... (but if payments don't get made and he flees the scene in his brand new Porsche GT3) It'll be one fucky place around here...
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365 |
TM | | | |
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DeathAndTaxes
Donator
Legendary
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Activity: 1218
Merit: 1079
Gerald Davis
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August 21, 2012, 03:40:42 PM |
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Well this whole thing might work out really good for people with coins to spend..... Buying Pirate assets at a discount..... (but if payments don't get made and he flees the scene in his brand new Porsche GT3) It'll be one fucky place around here...
Maybe it is Pirate creating the distress and then buying the distressed assets.  The combination of closing up shop abruptly on a Friday (when fiat flows are now frozen for 72 hours), and then dumping a decent amount of coins on the market might have worked. Cause a panic and buy some of the owed coins at half off. Then cause some vague delays for 3 or 4 days and cover the rest of the liabilities by scooping up the "nearly worthless" PPT shares at a deep discount. On paper everyone is paid in full, while in reality a lot of wealth gets siphoned off. It might have worked but there was no capitulation. No desperation sales at sub $5.00 prices. Lets hope that wasn't the game plan because the shock has worn off. There will be no cheap coins. |
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SgtSpike
Legendary
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Activity: 1400
Merit: 1005
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August 21, 2012, 04:00:54 PM |
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I was hopeful, but no payments made yet.... yeah. It's all over guys.
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P4man
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August 21, 2012, 04:10:29 PM |
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We know nothing yet. DnT makes a perfectly valid point; if we assume its not a ponzi and Pirate can and will pay back, he and/or his fanclub would have an enormous financial interest in making it appear otherwise, allowing them to make bets and buy back PPT debt at a large discount. Pirate (presumably) knows exactly what will happen, and so might at least a few other people. That knowledge could be worth a small fortune by itself.
Now Im not saying its necessarily a wise assumption to make that he will pay back, but its no different than last week or last month. Id also like to point out that if it is a ponzi, it doesnt make too much sense for him to drag it out like this and keep up appearances for a few more days, or even weeks. He'd have to run, so he might as well do it now.
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Herodes
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August 21, 2012, 04:11:36 PM |
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No money will come today, this week or this year.
(pure speculations - FUD, according to some)
I have, like Vladimir zero BTC invested, as Pirate came with big red stop signs from the very beginning..
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ThomasV
Legendary
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Activity: 1896
Merit: 1353
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August 21, 2012, 04:13:20 PM |
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Id also like to point out that if it is a ponzi, it doesnt make too much sense for him to drag it out like this and keep up appearances for a few more days
you are underestimating the effect public appearances can have on an overinflated ego |
Electrum: the convenience of a web wallet, without the risks
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Piper67
Legendary
Offline
Activity: 1106
Merit: 1001
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August 21, 2012, 04:14:06 PM |
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We know nothing yet. DnT makes a perfectly valid point; if we assume its not a ponzi and Pirate can and will pay back, he and/or his fanclub would have an enormous financial interest in making it appear otherwise, allowing them to make bets and buy back PPT debt at a large discount. Pirate (presumably) knows exactly what will happen, and so might at least a few other people. That knowledge could be worth a small fortune by itself.
Now Im not saying its necessarily a wise assumption to make that he will pay back, but its no different than last week or last month. Id also like to point out that if it is a ponzi, it doesnt make too much sense for him to drag it out like this and keep up appearances for a few more days, or even weeks. He'd have to run, so he might as well do it now.
Really, it makes no sense for him to drag things out??? Yeah, because if you need to run, the last thing in the world you need is some extra time  |
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Mousepotato
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August 21, 2012, 04:14:46 PM |
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If funds haven't started being sent out by now, they're not going to be, ever. "So meet me at the mission at midnight. We'll divvy up there."
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Mousepotato
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mobodick
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August 21, 2012, 04:37:12 PM |
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Boy, would you guys keep this thread clean?
If thats not possible than I suggest OP at least collects valid claims and posts them in OP.
Nonsense! Noone expects that there will be any real transactions posted here. >>If pirate would pay anyone back then that woud be worth a whole brand new thread of its own!<<Meanwhile this thread can serve as a place to poke fun at people who trusted a pirate by his word.Meanwhile this thread can serve as a coming-to-terms- place for the people who made a bad investment... |
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