smoothie (OP)
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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August 20, 2012, 06:41:20 PM |
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The longer he takes to get the coins back to investors the more interest he will have to pay them. I think if I was an investor for every week he hasn't return the coins I would expect 7% compounded interest on my principal given he isn't returning any coins. Come on Pirate...the faster you return the coins the better you are off. That 30k BTC you have will get eroded away fast (assuming thats all you have) if there are any delays on the return of bitcoins to investors.  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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mrvision
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August 20, 2012, 06:56:15 PM |
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what coins?
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BIGMERVE
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August 20, 2012, 08:46:44 PM |
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what coins?
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Herodes
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August 20, 2012, 09:42:33 PM |
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Could somebody photoshop this, so it would show a pirate reading Bitcoin Magazine ?  |
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Herodes
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August 20, 2012, 10:25:38 PM |
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smoothie (OP)
Legendary
Offline
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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August 20, 2012, 10:25:59 PM |
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lol  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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perlboy
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August 20, 2012, 11:17:19 PM |
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+1  |
Numis Token - Numismatic Coins attached to the Ethereum network Biza•io - Blockchain based banking software |
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stick_theman
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August 21, 2012, 12:27:27 AM |
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lmao!!!! Little did we know, he bought all the known Cassius physicals. WTG, Pirate of the Bitcoin land.
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AndrewBUD
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August 21, 2012, 12:57:05 AM |
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More important things to do.. Like change a shitty diaper
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365 |
TM | | | |
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Freakin
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August 23, 2012, 07:19:07 PM |
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It is in Pirate's best interest to not return any bitcoins
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danieldaniel
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August 23, 2012, 08:12:32 PM |
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It is in Pirate's best interest to not return any bitcoins
LOL. |
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byronbb
Legendary
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Activity: 1414
Merit: 1000
HODL OR DIE
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August 23, 2012, 08:25:35 PM |
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What;s weird to me is why tell everyone you are closing before you are actually ready to do so....
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CoinDiver
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August 23, 2012, 08:38:58 PM |
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What;s weird to me is why tell everyone you are closing before you are actually ready to do so....
If he isn't planning on refunding anyone, why tell everyone you're closing? Why not let us figure it out? I think he stands to make more *long term* by paying everyone *this time*. Imagine the number of fools lining up for his next investment opportunity... |
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stochastic
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August 24, 2012, 06:31:48 AM |
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What;s weird to me is why tell everyone you are closing before you are actually ready to do so....
...why tell everyone you're closing? Why not let us figure it out? To create uncertainty. uncertainty leads to fear fear leads to bad decisions bad decisions leads to losing money Fear is the path to profit.  |
Introducing constraints to the economy only serves to limit what can be economical.
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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August 24, 2012, 06:58:10 AM |
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Yoda would say it like this: THAT IS WHY FAIL YOU.  |
College of Bucking Bulls Knowledge
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bitcoinBull
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Activity: 826
Merit: 1001
rippleFanatic
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August 24, 2012, 07:21:12 AM |
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I say: I love bitcoin, because its free Yoda says: because it is free, i love bitcoin I love Yoda because free it is, bitcoin i love. |
College of Bucking Bulls Knowledge
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Hunterbunter
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August 24, 2012, 07:30:25 AM |
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But if he staves off paying people for 2 whole weeks he will create even more FUD, and be able to buy back all the panic bond sellers for practically nothing! Then he can easily pay all the accounts back and profit even more, and still keep his "see I paid everyone!" reputation.
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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August 24, 2012, 07:34:05 AM |
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But if he staves off paying people for 2 whole weeks he will create even more FUD, and be able to buy back all the panic bond sellers for practically nothing! Then he can easily pay all the accounts back and profit even more, and still keep his "see I paid everyone!" reputation.
Buying the panic bonds doesn't help, because thats a third-party taking the haircut. The pass-through operator still expects to get paid in full. yea, and really funny that glbse is down currently. they would probably be doing record bond trading in the next several days. |
College of Bucking Bulls Knowledge
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Hunterbunter
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August 24, 2012, 07:49:22 AM |
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But if he staves off paying people for 2 whole weeks he will create even more FUD, and be able to buy back all the panic bond sellers for practically nothing! Then he can easily pay all the accounts back and profit even more, and still keep his "see I paid everyone!" reputation.
Buying the panic bonds doesn't help, because thats a third-party taking the haircut. The pass-through operator still expects to get paid in full. yea, and really funny that glbse is down currently. they would probably be doing record bond trading in the next several days. But he can still pay 1 operator fully back at a time, get a large portion of the payment back, then do the next, etc. |
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