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

[Smoovious]

Finally, got my 2215 btc interest paid in full... about to sell now while it's still high in value.

Didn't happen. Pirate himself said he will pay everyone out at the same time.

And we all know pirate is a man of his word....

And somehow, that is supposed to be easier than paying off account after account as the coin comes in...

-- Smoov

[1715083947]

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[JoelKatz]

If Pirate came to you and asked"I don't have the 168k, but I have 130k. Would you accept that in order to settle this debt?" would you accept it?

What's the rest of the offer? What happens if he doesn't accept? If otherwise Pirate pays the whole 168k, of course he won't accept it. If otherwise Pirate pays nothing, of course he will accept it. (And, of course, making that offer would be considered defaulting. If I owe you $100 due today and I say "will you take $50" and you paying me the $100 as agreed isn't on the table, you've defaulted whether I take the $50 or not.)

[popcoin]

can I suggest scammer tag to anyone that post false payments ...?

oo this.

+1

[Chang Hum]

Just to get involved on a forum I've just signed up for, the point of a forum is to interact with other people discussing things... I formed that opinion after googling him and realizing he shut down his main business at the same time, + reading the amount of interest he's accumulating and quotes from irc. I don't think there's a hope anyone's going to get their money back, but I think this whole debacles making a lot of people with bitcoin feel uneasy.  

Great non-answer!  Is there a way I can "invest" some BTC with you?  

The thing is, you sign up TODAY and simultaneously DOX/defend pirate.  Seems strange to me.

In any case, I'm just wondering why the forum hasn't benefited from your wisdom and research capabilities until now.  But since you've so handily identified pirate and his associates for us, why don't you turn your considerable research skills towards finding out who zhoutong is? That would really help. (thanks in advance)

I don't come around here much, but there's been plenty of BTC fiascos this year...Y U chime in on this one?

I singed up a while ago.  You signed up today.   Your response doesn't even qualify as a nice try.  Please be more imaginative next time.   I know you can do it!  

[edit to delete douchy comment]


Sorry you woke up with sand in your vagina mate!!!! I signed up a while ago, you signed up today what are you on about???

No I'm not defending pirate I'm trying to help the people who invested, by suggesting they don't try to get more tomorrow then he has today when his repayments are clearly spiraling out of control!!!

[ErebusBat]

I define that as ignorant... when the knowledge is easily obtainable and available the taking but someone refuses to get it.

I assume you're talking about Bitcoinmax "investors"?

No I was talking about Micon constantly asking about things that have already beenposted.

things such as "bitcoinmax is ~157,500".

now it's ~168,300, but micon will probably never see this post and will continue to ask me how much it is and claim "it's not fair, he won't tell anyone!".

Yes, exactly this.

[dlasher]

hypothetical, because such a negotiation would have to include a deadline (whether stated explicitly or only implied). then before the deadline, i could have time to talk it over with my account holders.
although, i'm almost certain most would say yes, because that ratio is far higher than what some of the accounts have been trading for.

You could accept the 130k and call it a "partial payment". Leave note of what was remaining outstanding.

[dooglus]

Do anyone have a reasonably complete (even 50%) list of withdrawal addresses from BCS&T? Blockchain.info seems to be down and Blockexplorer is timing out, but it should be possible to look at some of the known Pirate withdrawal addresses and use the addresses known to be making the payouts to compile a decent list, especially of the people set to pay out their interest.

I have a list of 82 withdrawal addresses.  I don't have any idea how complete it is, but expect it's more than 50%.

It seems that some accounts have changed their withdrawal addresses, so this corresponds to less than 82 accounts.  For example, one BS&T account started off using an MtGox address (15zMacBvnw4Qij9ysY7BfH2GM7tNPeGyB9) for withdrawals, but then switched to using 17zv2ke9uEF3q7phZ9SEtrWFgaeGfWtWKB.  The corresponding deposit address is 1FUB2T58csgUco8CqbaMLq4FCeWN4y7VMV.  It's one of the biggest BS&T accounts anyway, and was getting 7.7% interest per week.

There was a transaction back in April that paid out even to accounts which were set to compound their interest.  The txid is 5a76bace1a2ad140099e1ad718d1be6cb69ad9dd8908a8da63e6ec85eac3f7c8.  Forum posts discussing it:

A bug has been found in the payment script that has caused some issues
with the last payment.  It will be corrected shortly and any
adjustments in payment will be credited or sent to you.
-- https://bitcointalk.org/index.php?topic=50822.msg853919#msg853919

All accounts have been corrected that were affected by the payment
script.
-- https://bitcointalk.org/index.php?topic=50822.msg855106#msg855106

[kayrice]

I called the phone number and got ahold of someone that knew Trendon

https://bitcointalk.org/index.php?topic=104183.msg1140976#msg1140976

[Gyrsur]

I called the phone number and got ahold of someone that knew Trendon

https://bitcointalk.org/index.php?topic=104183.msg1140976#msg1140976

it was pirateat40 himself! blessed one!

[AndrewBUD]

This is bloody hilarious.... Poor guy that is being called probably 20+ times a day

[Gyrsur]

This is bloody hilarious.... Poor guy that is being called probably 20+ times a day

[ironic]if I would being called 20+ times a day I would certainly telling only good things about pirateat40![/ironic]

[EskimoBob]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

[bitcoiners]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

[MrTeal]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

[16:11:39] <MrTeal> ;;seen #btcst pirateat40
[16:11:39] <gribble> pirateat40 was last seen in #btcst 1 hour, 15 minutes, and 23 seconds ago: <pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

[bitcoiners]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

[16:11:39] <MrTeal> ;;seen #btcst pirateat40
[16:11:39] <gribble> pirateat40 was last seen in #btcst 1 hour, 15 minutes, and 23 seconds ago: <pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

Thanks.  I still don't see how "it's getting better".  What he has to say to them could be a million different things.  I'm guessing he'll/they'll settle minus interest and maybe a cut in overall BTC owed.  Otherwise he could just pay them.  He doesn't need to message them to do that.

Edit:
BTW, if a PPT operator now knows they are getting paid and are allowing people to sell the debt at cut-rate prices without informing them.  I would consider that fraud.  If you know something, you better come out with it.

[markm]

He has to inform them that his Nigerian Prince brother in law cannot get the money past customs without a little grease to grease the wheels...

-MarkM-

[imsaguy]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

Check the topic out

[bitcoiners]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

Check the topic out

I have.  I don't see news of anything.  I don't have time to sit around IRC all day.  If you know something.  Spill it.

[BTCurious]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

Check the topic out

I have.  I don't see news of anything.  I don't have time to sit around IRC all day.  If you know something.  Spill it.

If you don't run a PPT, it doesn't matter.
If you do, it was mentioned by pirate 2 hours ago, which means it's recent.

[bitcoiners]

Huge update, more stalling:

[22:45] <gribble> pirateat40 was last seen in #btcst 5 hours, 14 minutes, and 26 seconds ago: <pirateat40> EskimoBob, no one wants it over faster.


the suspense is killing me.

It's getting better:

Code:

<pirateat40> Notice:  If you are a PPT operator please contact me via PM.  Thanks

And when was this supposedly posted?  I don't see it on #btcst anywhere.

Check the topic out

I have.  I don't see news of anything.  I don't have time to sit around IRC all day.  If you know something.  Spill it.

If you don't run a PPT, it doesn't matter.
If you do, it was mentioned by pirate 2 hours ago, which means it's recent.

Disagree.  If you own PPT bonds it does matter.

Whether it was an hour, two hours or five hours if they know something they better let people know.  So people don't sell their bonds below what they maybe getting back.  If anything.  Otherwise for all we know PPT operators could be buying up the bonds knowing they are getting paid.  Seems pretty shady PPT operators are on IRC and they still claim to know nothing.