centralized post of pirate payouts-It is over. Pirate@scammer admits default

[BorderBits]

Great, you sound like a whiny homophobic idiot. Congrats on that, I guess. 

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I don't visit those pink forums as I have no desire to see goatse multiple times a day.

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[bitcoinsydney]

What's creepy about getting scammed and wanting retribution?

Retribution is not going after someone's family who probably has no idea what the hell their idiot brother or son did.  

Exactly what pirate should think about before deciding on his course of action. Or if his plan was perfect and left no bread crumbs, he has nothing to worry about.

[imsaguy]

What's creepy about getting scammed and wanting retribution?

Retribution is not going after someone's family who probably has no idea what the hell their idiot brother or son did.  

Then why did his dads website go down as well?  At the same time mind you.

Perhaps ddos or hacked? or perhaps his son operated his dad's website for him.  You can't just assume.

[MrTeal]

What's creepy about getting scammed and wanting retribution?

Retribution is not going after someone's family who probably has no idea what the hell their idiot brother or son did.  

Then why did his dads website go down as well?  At the same time mind you.

Perhaps ddos or hacked? or perhaps his son operated his dad's website for him.  You can't just assume.

QFT

[Ocean6]

For the record, I have around 10BTC invested in pirate(pulled majority out when rates dropped), but I want to see him pay back every cent/satoshi.

He has postured and brayed and called names and refused to be open or helpful about this, even going so far as to "banish" people to the back of the line for daring to ask for their BTC back.

You folks crying foul because his family is about to get dragged into this are not in touch with reality.

In the real world, if someone steals from you, you put pressure on them in a variety of ways to bring about repayment.

Like it or not, this cat has brought all of this on himself with his refusal to play nice.

It DOESN'T MATTER if people were stupid enough to invest with him, or too stupid to see the impending doom.

pirate is taking money out of people's hands which they want/need to support THEIR families!

HE is the crook, not them, and if he cares about HIS family, he will do the right thing.


All you whining pussies crying how it's not fair that his family is getting dragged into this need to sit down and shut up.

It's also not fair to be stolen from.

[Bitcoin Oz]

Perhaps ddos or hacked? or perhaps his son operated his dad's website for him.  You can't just assume.

If that is the case, paying a visit to his dad would be a great idea.

Rich kids get kidnapped all the time and ransomed back to the parents.
Why would someone who is potentially in to deep with pirate not ransom the father back to the son.

Pirate paid amazing returns, Bitcoin is full of black/grey area people.
It is not hard to come up with the possibility someone in these areas borrowed from some serious people, and loaned to pirate, making a few points in between.
Such a person would be highly motivated to place some heat onto pirate, by any means necessary.

If nothing else and it all goes to hell and pops ends up headless in mexico, well pirates got a little more to live with doesn't he?

While I disagree with mod censorship and removing posts containing personal details, in the above scenario it is understandable.
Vigilante Justice is a bitch.

I remember when 4chan tracked down a kitten torturer to his house based simply on a reflection in a picture the guy posted. If pirate slipped up even once he will be found. The guy likes to brag and jingle his coins and that makes him careless  

QFT

No U.

[bitlane]

No U.

Quite Fucking True (QFT) does not equate to Shut The Fuck Up (STFU)........

You may want to rethink that zinger of a response.

[drakahn]

No U.

Quite Fucking True (QFT)

lol

[Greed]

No U.

Quite Fucking True (QFT) does not equate to Shut The Fuck Up (STFU)........

You may want to rethink that zinger of a response.

The phrase you're looking for here is "Quoted for truth".

[niko]

So you fucking idiots are going after some dude's family because you're too dumb and greedy to not invest in a scam?  Muh Gosh.  You know all of you dumb fucks will invest in the next one as well. 

Dont fuck with peoples money.

You dumb fucks gave a person who was running an obvious scam money.  You lost.  Give up.  Don't fuck with some dude's family.  Idiot.

Why not? He is fucking with theirs!

Holy fuck, you're stupid.  What part of investing in an obvious Ponzi made you think you would ever see your money again?  Dude took it.  You lost.  Luckily most of you idiots are as incompetent at everything else in life as you are about "investing," so I think these people should be safe other than dealing with creepy mouth-breathers calling them at all hours of the night ranting about some internet money.   

Edit:  Thank you moderators for taking that shit down. 

Basically right. Seeing a lot of posturing about wanting to hurt this guy, but he ran a pretty good scam because I'm not even sure he ever lied to his so-called victims. Past performance is not a guarantee of future returns!

You decided to gamble on a clear scam and lost; I don't have much sympathy for that, and I have absolutely none for harassing innocents.

And as for innocents, I gotta say that Pirate's best promoters on this board are not innocent by any stretch of the imagination. Most of you, I think, knew damn well what you were doing: trying to sign up enough suckers so you could get a big payday before the music stops. If your timing/gamble was bad, you have no one to blame but yourself.

I can't help but notice that supposed "victims" never raised questions about the legitimacy of the scheme until the payments stop coming in. Despite all the red flags. In other words, they didn't give rat's ass if their payouts were coming from scamming others, child labor, extortion. I understand "victims" feel bitter and angry, but I really cannot feel sympathy, no matter how much I try. I can only hope they learned a lesson. Not about trust, investments, ponzis, but about themselves.

[bitcoiners]

No U.

Quite Fucking True (QFT) does not equate to Shut The Fuck Up (STFU)........

You may want to rethink that zinger of a response.

The phrase you're looking for here is "Quoted for truth".

I thought it was:

Quit Fucking Talking (QFT)

[Willowbitcoin]

Has anyone been out to his place yet ?

[JoelKatz]

I can't help but notice that supposed "victims" never raised questions about the legitimacy of the scheme until the payments stop coming in. Despite all the red flags. In other words, they didn't give rat's ass if their payouts were coming from scamming others, child labor, extortion. I understand "victims" feel bitter and angry, but I really cannot feel sympathy, no matter how much I try. I can only hope they learned a lesson. Not about trust, investments, ponzis, but about themselves.

I actually don't think this is entirely fair. Pirate did make a point of saying that he wasn't doing anything illegal or unsavory. So his "investors" had as much reason to think that he wasn't acting illegally as they did to think that he would pay them back. In other words, if you think they genuinely believed he would pay them back (and, if not, why would they lend him money) it seems reasonable to think they genuinely believed that he wasn't do anything illegal.

Of course, this doesn't apply to those people who knew (or were willfully blind to the near certainty) that Pirate was running a Ponzi scheme and intentionally tried to induce others to invest to maintain their own cash flow. Those people are rat bastards to the core.

[RoloTonyBrownTown]

No U.

Quite Fucking True (QFT) does not equate to Shut The Fuck Up (STFU)........

You may want to rethink that zinger of a response.

WTF!  (Why The Face)

[bitcoinsydney]

So you fucking idiots are going after some dude's family because you're too dumb and greedy to not invest in a scam?  Muh Gosh.  You know all of you dumb fucks will invest in the next one as well. 

Dont fuck with peoples money.

You dumb fucks gave a person who was running an obvious scam money.  You lost.  Give up.  Don't fuck with some dude's family.  Idiot.

Why not? He is fucking with theirs!

Holy fuck, you're stupid.  What part of investing in an obvious Ponzi made you think you would ever see your money again?  Dude took it.  You lost.  Luckily most of you idiots are as incompetent at everything else in life as you are about "investing," so I think these people should be safe other than dealing with creepy mouth-breathers calling them at all hours of the night ranting about some internet money.   

Edit:  Thank you moderators for taking that shit down. 

Basically right. Seeing a lot of posturing about wanting to hurt this guy, but he ran a pretty good scam because I'm not even sure he ever lied to his so-called victims. Past performance is not a guarantee of future returns!

You decided to gamble on a clear scam and lost; I don't have much sympathy for that, and I have absolutely none for harassing innocents.

And as for innocents, I gotta say that Pirate's best promoters on this board are not innocent by any stretch of the imagination. Most of you, I think, knew damn well what you were doing: trying to sign up enough suckers so you could get a big payday before the music stops. If your timing/gamble was bad, you have no one to blame but yourself.

I can't help but notice that supposed "victims" never raised questions about the legitimacy of the scheme until the payments stop coming in. Despite all the red flags. In other words, they didn't give rat's ass if their payouts were coming from scamming others, child labor, extortion. I understand "victims" feel bitter and angry, but I really cannot feel sympathy, no matter how much I try. I can only hope they learned a lesson. Not about trust, investments, ponzis, but about themselves.

What red flags were there that the payouts were coming from scamming others, child labour or extortion? Many people accused pirate of nefarious activities time and time again, and each were shot down very quickly.

[Hunterbunter]

It's funny that the real world developed bankruptcy protection...which would have helped pirate through all this if he wasn't actually running a ponzi and just legitimately sucked at business. Now he's in the warm embrace of mob justice whether he was running a ponzi or not.

[bitlane]

Peace, love and look out for yourself in the meantime.

[niko]

I can't help but notice that supposed "victims" never raised questions about the legitimacy of the scheme until the payments stop coming in. Despite all the red flags. In other words, they didn't give rat's ass if their payouts were coming from scamming others, child labor, extortion. I understand "victims" feel bitter and angry, but I really cannot feel sympathy, no matter how much I try. I can only hope they learned a lesson. Not about trust, investments, ponzis, but about themselves.

I actually don't think this is entirely fair. Pirate did make a point of saying that he wasn't doing anything illegal or unsavory. So his "investors" had as much reason to think that he wasn't acting illegally as they did to think that he would pay them back. In other words, if you think they genuinely believed he would pay them back (and, if not, why would they lend him money) it seems reasonable to think they genuinely believed that he wasn't do anything illegal.

Of course, this doesn't apply to those people who knew (or were willfully blind to the near certainty) that Pirate was running a Ponzi scheme and intentionally tried to induce others to invest to maintain their own cash flow. Those people are rat bastards to the core.

Alright, that's a fair point. However, it was obvious even to me - and I consider myself relatively ignorant of trading, investments, finances, and related topics - that this was a Ponzi. What else could it have been with those kinds of returns?!  The only explanation of investors not asking this question before investing, and while getting their payments, is that they knew all along. This means they didn't mind that their extra money was coming from later adopters who were going to get screwed with even higher probability. The only alternative theory would be that it was a plot to crash the market and return devalued coins with the interest - and no sane person would knowingly invest to lose.

I would never willfully lend money to anyone without them disclosing what their business plan was, who they are, and without checking their references. I am surprised that so many people here - who sound much more versed in these issues - think and do differently, then utter threats here as if they were mugged at a knife point.

I don't get it. How can grownups sit on their asses watching their investment mysteriously grow at cancer rates without asking themselves where it's coming from, and at what expense?

Having said all this, perhaps investors did hope they were participating in a Ponzi, but Pirate was playing the more legitimate market-crash game, and even though he failed, he might distribute back whatever is left. We'll know soon, one way or another.

[Bitcoin Oz]

I suggest investing in a dodgy bitcoin scheme be forever known as "Planking" as in walking the plank  

"Dude, my bitcoin investment is totally planking"

[Rassah]

Personally, in the overall scheme of things, I think everyone involved deserves to be punished. The investors got their lessons already, by losing most of their money. If they now want to bring some retribution on pirate and whoever else he may have been involved with, who are we who had nothing to do with this to stop them? And why do you care what happens to him or his family? I say let them find everything on everyone, and let us sit back and see what happens.