Discussion about 10,000BTC Bet (Official)

[edd]

The irony of this is that I remember Matthew actually being quite sceptical of Pirate's scheme.

From what I've gathered (and I could quite likely be very wrong), Matthew is trying to make a point and pirate's scheme has less to do with it than reactions from forum members do.

[1715290098]

1715290098

[1715290098]

1715290098

[Litecoin]

Someone just gave Matthew 15,000BTC
Seriously, when you give him 165k USD do you really think he's going to pay you 330,000USD after 3 days?
Madness.

What do you mean "gave him 15,000 BTC"?

riX2000 gave him 15,000BTC.
https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

[DutchBrat]

Someone just gave Matthew 15,000BTC
Seriously, when you give him 165k USD do you really think he's going to pay you 330,000USD after 3 days?
Madness.

What do you mean "gave him 15,000 BTC"?

riX2000 gave him 15,000BTC.
https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

Nobody gave anybody anything

He bet 15.000 BTC with Matthew against Pirate paying out

No BTC went anywhere

[Chang Hum]

Someone just gave Matthew 15,000BTC
Seriously, when you give him 165k USD do you really think he's going to pay you 330,000USD after 3 days?
Madness.

What do you mean "gave him 15,000 BTC"?

riX2000 gave him 15,000BTC.
https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

So it's only 3/4 of million $ what's all the fuss about?.... Seriously though wish I was a multimillionaire with that sort of play cash I'd do the same as Mathew except instead of betting on pirate paying back I'd burn $10 notes and drop them off my condos balcony so it looked like pretty fire rain down below.

[AndrewBUD]

When is this all over and Matthew can get to wiping away his tears... ?

[SgtSpike]

Someone just gave Matthew 15,000BTC
Seriously, when you give him 165k USD do you really think he's going to pay you 330,000USD after 3 days?
Madness.

What do you mean "gave him 15,000 BTC"?

riX2000 gave him 15,000BTC.
https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

No, he didn't.  He promised to pay Matthew 15,000 BTC if Matthew wins the bet.

[P4man]

The irony of this is that I remember Matthew actually being quite sceptical of Pirate's scheme.

From what I've gathered (and I could quite likely be very wrong), Matthew is trying to make a point and pirate's scheme has less to do with it than reactions from forum members do.

Perhaps. Or perhaps thats what he will claim; but just as likely Matthew saw an opportunity to potentially make $100's of K and eternal fame for the risk no bigger than getting a scammer tag on a nerd forum.

[vapourminer]

Matthew, in case you missed it...

must... not...    aaaaaagggg!! I cant resist it anymore!

Matthew, Im in for 5 if youll take it.

vapourminer
5 BTC
1M542wRXEvEPPFEuHAgDxh6WVpzR6fauvG

[bitcoinBull]

The irony of this is that I remember Matthew actually being quite sceptical of Pirate's scheme.

From what I've gathered (and I could quite likely be very wrong), Matthew is trying to make a point and pirate's scheme has less to do with it than reactions from forum members do.

And what point would that be? A troll is as a troll does.

There's no non-troll reality where he would accept an additional 2500 BTC in bets, 3 days before he's due to pay.

[dooglus]

You have to be joking, but I'll take the bait anyways....SA is the somethingawful forums, not whatever you think I'm talking about.

This is what came to my mind when I read his post:

  http://www.youtube.com/watch?v=v439zTOJVho

[Phinnaeus Gage]

You have to be joking, but I'll take the bait anyways....SA is the somethingawful forums, not whatever you think I'm talking about.

This is what came to my mind when I read his post:

  http://www.youtube.com/watch?v=v439zTOJVho

To paraphrase a hackneyed phrase from the 60's/70's: I can't believe I watched the whole thing!

[bigasic]

I can't believe that I'm posting. I totally believed Matt when he said he had 10k coins, but come on! 65k coins? Thats getting close to 3/4 of a million dollars. Either Matt knows something that we don't, or he's just accepting every bet that comes his was for amusement and is willing to take the scammer tag for a conversation piece. For that much money? is having a good name on this forum worth almost 1 million us? Its not even worth 100k us...

I mean, seriously, If I said I would pay up to 50k coins against pirate, would he say yes? so, that means his total liability would be well over 1million us fiat.

I think this thread went from semi serious to just flat out idiotic.. I can't believe im contributing to this mess...

So, I might as well bump me up to 50k coins, lol...

(Im kidding, as I don't have 50k coins to make the bet.)

I guess we will find out the truth on Monday, lol..

[dust]

Someone just gave Matthew 15,000BTC
Seriously, when you give him 165k USD do you really think he's going to pay you 330,000USD after 3 days?
Madness.

What do you mean "gave him 15,000 BTC"?

riX2000 gave him 15,000BTC.
https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

Woah, is this still open?

[kibblesnbits]

Most tragic outcome is that pirate doesn't pay on the 9th, Matthew pays out immediately because he keeps his word, and then pirate pays out entirely on the 10th.

How about if pirate pays on the ninth from a short term loan from Matthew on all of the winning bets?

[bitcoinBull]

I can't believe that I'm posting. I totally believed Matt when he said he had 10k coins, but come on! 65k coins? Thats getting close to 3/4 of a million dollars. Either Matt knows something that we don't, or he's just accepting every bet that comes his was for amusement and is willing to take the scammer tag for a conversation piece. For that much money? is having a good name on this forum worth almost 1 million us? Its not even worth 100k us...

I mean, seriously, If I said I would pay up to 50k coins against pirate, would he say yes? so, that means his total liability would be well over 1million us fiat.

I think this thread went from semi serious to just flat out idiotic.. I can't believe im contributing to this mess...

So, I might as well bump me up to 50k coins, lol...

(Im kidding, as I don't have 50k coins to make the bet.)

I guess we will find out the truth on Monday, lol..

I have the same thoughts. MNW has been trolling since day 1...

[smoothie]

Most tragic outcome is that pirate doesn't pay on the 9th, Matthew pays out immediately because he keeps his word, and then pirate pays out entirely on the 10th.

How about if pirate pays on the ninth from a short term loan from Matthew on all of the winning bets?

My estimate is that pirate is short about 250k bitcoins, given all the accrued interest since shut down. Not sure if he has 250k bitcoins to loan out on a whim to an obviously unstable user named "pirateat40" in hopes to win the bet.

[Phinnaeus Gage]

I can't believe that I'm posting. I totally believed Matt when he said he had 10k coins, but come on! 65k coins? Thats getting close to 3/4 of a million dollars. Either Matt knows something that we don't, or he's just accepting every bet that comes his was for amusement and is willing to take the scammer tag for a conversation piece. For that much money? is having a good name on this forum worth almost 1 million us? Its not even worth 100k us...

I mean, seriously, If I said I would pay up to 50k coins against pirate, would he say yes? so, that means his total liability would be well over 1million us fiat.

I think this thread went from semi serious to just flat out idiotic.. I can't believe im contributing to this mess...

So, I might as well bump me up to 50k coins, lol...

(Im kidding, as I don't have 50k coins to make the bet.)

I guess we will find out the truth on Monday, lol..

If I had a quarter of a million dollars, I would start a business--with zero investors.

[smoothie]

I can't believe that I'm posting. I totally believed Matt when he said he had 10k coins, but come on! 65k coins? Thats getting close to 3/4 of a million dollars. Either Matt knows something that we don't, or he's just accepting every bet that comes his was for amusement and is willing to take the scammer tag for a conversation piece. For that much money? is having a good name on this forum worth almost 1 million us? Its not even worth 100k us...

I mean, seriously, If I said I would pay up to 50k coins against pirate, would he say yes? so, that means his total liability would be well over 1million us fiat.

I think this thread went from semi serious to just flat out idiotic.. I can't believe im contributing to this mess...

So, I might as well bump me up to 50k coins, lol...

(Im kidding, as I don't have 50k coins to make the bet.)

I guess we will find out the truth on Monday, lol..

If I had a quarter of a million dollars, I would start a business--with zero investors.

At least we know that Bruno isn't backing Matthew's bet. 

[Frankie]

Maybe he is typing up the excuse not to pay. Or deciding it is time to walk away from bitcoin.

That occurred to me too......if matthew loses and actually pays out, is he going to walk away from bitcoin alltogether? I think, given the situation, I would just cash out and move on with life (albeit a couple hundred grand poorer, and with one hell of a story).  Maybe he'll try to rebuild though, so who knows?

I doubt that he pays and leaves. It's not much of a story to anyone that doesn't think Pirate is some sort of real-world celebrity. I mean, say it out loud to yourself: "Yah, I lost a couple hundred thousand dollars when I bet dozens of mostly-anonymous avatars that a Ponzi schemer would pay everyone back in full."

The only people who might think it's one hell of a story are mostly registered to this board. In the incredibly unlikely event Matthew pays out, he would be celebrated here. People like it when they get free beer bitcoin. Why leave such a community after blowing six figures on it?

[BC Systems]

I believed in Pirate and I stood by my word. I got tired of people questioning my brilliant mind. I said "put-up or shut-up". I put-up $600,000 in Bitcoins.

I lost them all but I sure showed them how to argue. Right, guys?