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Author Topic: Discussion about 10,000BTC Bet (Official)  (Read 104432 times)
elux
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August 29, 2012, 11:08:21 AM
Last edit: August 29, 2012, 11:38:16 AM by elux
 #121

What the hell Matthew, are you still accepting bets?  Huh

Are you willfully placing yourself in a position where you can not possibly repay to use that as an excuse to slip off the hook?  Angry

Code:
420 BTC
1B2ChfKWKDvEzhaxQBE1hVaw8a7c93qTkC
Your magazine is on the line, crazy man.

If you do pay, I will build a shrine to your name in my home and chant your name in thanks, every September 9th from this year till the the end of the blockchain.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Vladimir
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August 29, 2012, 11:10:31 AM
 #122

I would like to state here on behalf of Bitcoin Magazine that Matthew's bet has nothing at all to do with Bitcoin Magazine. This is not something approved by Bitcoin Magazine and images of Bitcoin Magazine placed in some documents related to Matthew's bet are used so without consent of Bitcoin Magazine and without consulting with board of directors of Bittalk Media Ltd ( publisher of Bitcoin Magazine ).

Matthew acts in his personal capacity and not as representative of Bitcoin Magazine or Bittalk Media Ltd.


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DeathAndTaxes
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August 29, 2012, 11:10:47 AM
 #123

Matt never had any intention of repaying.  Before long the amount owed will be more than the amount Pirate owes.
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August 29, 2012, 11:12:13 AM
 #124

Matt never had any intention of repaying.  Before long the amount owed will be more than the amount Pirate owes.

Ponzi!!!

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August 29, 2012, 11:13:04 AM
 #125

If anyone is interested.....

I am willing to wager 75,000 Bitcoins that Pirateat40 WILL Default.

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August 29, 2012, 11:19:19 AM
 #126

If anyone is interested.....

I am willing to wager 75,000 Bitcoins that Pirateat40 WILL Default.

I will take that bet as long as you also take a 75,000 btc bet at 2 pays 1 that I actually have 75,000 btc Wink

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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bitlane
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August 29, 2012, 11:26:02 AM
 #127

If anyone is interested.....

I am willing to wager 75,000 Bitcoins that Pirateat40 WILL Default.

I will take that bet as long as you also take a 75,000 btc bet at 2 pays 1 that I actually have 75,000 btc Wink

Crap....so much for THAT plan.

Anyone have any other ideas on how I can 'earn' some BTC ? Wink

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August 29, 2012, 11:31:35 AM
 #128

Anyone have any other ideas on how I can 'earn' some BTC ? Wink

Maybe set up a Black Pearl passthrough?

-MarkM-

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August 29, 2012, 11:37:57 AM
 #129

Guys maybe we should let it go. I know man-code requires everyone to pick up dueling pistoles, but this whole situation is so f*ed up that perhaps it's better to  let everyone lick their wounds.

Considering just where those wounds are, all but the most flexible will find that anatomically impossible.
We could lick eachother's wounds, if you swing that way.

ugh, I'll watch my wording better in the future.

more or less retired.
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August 29, 2012, 11:38:14 AM
 #130

If anyone is interested.....

I am willing to wager 75,000 Bitcoins that Pirateat40 WILL Default.

I will take that bet as long as you also take a 75,000 btc bet at 2 pays 1 that I actually have 75,000 btc Wink

Crap....so much for THAT plan.

Anyone have any other ideas on how I can 'earn' some BTC ? Wink

No, but I have a few ideas about how to 'earn' some 'BTC'.

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August 29, 2012, 12:10:36 PM
 #131

I would like to state here on behalf of Bitcoin Magazine that Matthew's bet has nothing at all to do with Bitcoin Magazine. This is not something approved by Bitcoin Magazine and images of Bitcoin Magazine placed in some documents related to Matthew's bet are used so without consent of Bitcoin Magazine and without consulting with board of directors of Bittalk Media Ltd ( publisher of Bitcoin Magazine ).

Matthew acts in his personal capacity and not as representative of Bitcoin Magazine or Bittalk Media Ltd.

Don't worry, man. I believe that Matthew will pay 100% (no bets for that though) if he loses. And those images of Bitcoin Magazine is just free promoting so u should thank him.
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August 29, 2012, 12:18:59 PM
 #132

[..] (no bets for that though) [..]

Seems like people already learn from Matthew calling them out? And are more careful before shouting 'scam', "I hav proov" and 'I bet'.
(Not meaning you personally, C-f-B)

Ente
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August 29, 2012, 12:32:18 PM
 #133

Originally, I disagreed with Matthew's methods, but somewhat sympathized with the original motivation he presented.

However, as of yesterday, circumstances have clearly changed, given the Pirate default statement.

So Matthew's subsequent doubling down now guarantees that things will end very badly for him.

Either:

1. he loses the bet, and will be forever remembered as the obstinate idiot who doubled down and lost 30KBTC in the face of an explicit confession.  No one will ever again respect him, or trust his judgement on any business matters.
2. Pirate pays, he miraculously wins the bet, in which case he will forever be suspected as a crook who had inside information.
3. he welches on the bet through a technicality or pretending it was a joke, in which case he will be forever known as someone whose word cannot be trusted or taken seriously.

Matthew, it's good to have courage and strong beliefs.  But when new concrete information is brought to light, a wise man will reassess the validity of those beliefs before digging himself a deeper hole.  There is no dishonor in admitting a mistake and engaging reverse.  In fact, quite the opposite.

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August 29, 2012, 12:32:21 PM
 #134

[..] (no bets for that though) [..]

Seems like people already learn from Matthew calling them out? And are more careful before shouting 'scam', "I hav proov" and 'I bet'.
(Not meaning you personally, C-f-B)

Ente
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Matthew N. Wright (OP)
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August 29, 2012, 12:36:23 PM
 #135

Originally, I disagreed with Matthew's methods, but somewhat sympathized with the original motivation he presented.

However, as of yesterday, circumstances have clearly changed, given the Pirate default statement.

So Matthew's subsequent doubling down now guarantees that things will end very badly for him.

Either:

1. he loses the bet, and will be forever remembered as the obstinate idiot who doubled down and lost 30KBTC in the face of an explicit confession.  No one will ever again respect him, or trust his judgement on any business matters.
2. Pirate pays, he miraculously wins the bet, in which case he will forever be suspected as a crook who had inside information.
3. he welches on the bet through a technicality or pretending it was a joke, in which case he will be forever known as someone whose word cannot be trusted or taken seriously.

Matthew, it's good to have courage and strong beliefs.  But when new concrete information is brought to light, a wise man will reassess the validity of those beliefs before digging himself a deeper hole.  There is no dishonor in admitting a mistake and engaging reverse.  In fact, quite the opposite.



Isn't it beautiful? And all from a community of the "new currency" free from "evil" enemy government oppression!  Roll Eyes With a community like ours, who needs enemies!

There are more points to be made, but I'll make them around the 9th. Thanks for your kind words mate.

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August 29, 2012, 12:52:44 PM
 #136

Whiteknighting is expensive.

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August 29, 2012, 01:13:31 PM
 #137

Seems like people already learn from Matthew calling them out? And are more careful before shouting 'scam', "I hav proov" and 'I bet'.
If the lesson you've learned from this is not to warn about suspected scams I'll hereby counterweight it. I believe that this bet is in one way or another a scam, Pirate has been running a scam, and most of the offers in Lending and Securities are probably scams. I'm also not lacking enough in self esteem to care if you think the fact that I'm not getting fooled into bets where the counterpart decides the rules (even coming up with specifics after the betting has started) makes my opinion worthless.
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August 29, 2012, 01:20:36 PM
 #138

So Matthew's subsequent doubling down now guarantees that things will end very badly for him.

Either:

1. he loses the bet, and will be forever remembered as the obstinate idiot who doubled down and lost 30KBTC in the face of an explicit confession.  No one will ever again respect him, or trust his judgement on any business matters.
2. Pirate pays, he miraculously wins the bet, in which case he will forever be suspected as a crook who had inside information.
3. he welches on the bet through a technicality or pretending it was a joke, in which case he will be forever known as someone whose word cannot be trusted or taken seriously.

4. Matthew loses the bet, pays 100%, and will be remembered as a guy we can trust to bet against without any escrow.
Matthew N. Wright (OP)
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August 29, 2012, 01:22:34 PM
 #139

So Matthew's subsequent doubling down now guarantees that things will end very badly for him.

Either:

1. he loses the bet, and will be forever remembered as the obstinate idiot who doubled down and lost 30KBTC in the face of an explicit confession.  No one will ever again respect him, or trust his judgement on any business matters.
2. Pirate pays, he miraculously wins the bet, in which case he will forever be suspected as a crook who had inside information.
3. he welches on the bet through a technicality or pretending it was a joke, in which case he will be forever known as someone whose word cannot be trusted or taken seriously.

4. Matthew loses the bet, pays 100%, and will be remembered as a guy we can trust to bet against without any escrow.

5. Matthew wins the bet, gives the money back because he's awesome like that.  Cool

bitlane
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August 29, 2012, 01:24:31 PM
 #140

Matthew.....what do you know ?

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