1

[AnonX]

1

[JMAHH]

So Pirate can't pay back his debt, then Tyler Durden shows up and pays 9 cents the $ for his debt? Love it

[edit] dat signature... Zerohedge getting into Bitcoin?

[JoelKatz]

As the title says, I am interested in buying pirate debt.
I'd be interested in pirate debt no matter the form (PPT bond, bitcoinmax, hashking, BTCST directly).

Looking to buy at 9%, that is 9cents for every dollar debt I buy.
If you feel that the amount or particular debt you hold warrants a better price I'im open to offers with explaination for why its worth more.

My Bitcoin-otc rating is perfect, so you can feel safe in doing business with me. The link is in my signature.
Thank you

Can you clarify what precisely you are buying? Are you buying just the rights to any future payout? Or are you buying the rights to damages from defaults to date as well? There's a huge difference between these two things, and the latter is likely worth much more than the former.

Say I have a 50,000 BTC Pirate debt that I sell to you for 5,000 BTC. If it is proven that Pirate is a scammer, who has the right to sue Pirate for the 45,000 BTC loss in value -- you or me? If it's you, you are buying more than just the debt.

Also, will you state unequivocally that you are not conspiring with Pirate in any way and that the sale is revocable and the debt returnable to the seller should the contrary ever be established? Also, if you are conspiring with Pirate, making this offer is Pirate defaulting. (Taking the agreement off the table and putting a lesser agreement on the table alone is a default of the original agreement.)

[muyuu]

Wait until Friday, when Vandroiy's bet will resolve.

[JoelKatz]

I am buying ALL rights to the debt. That is: Full ownership of the debt, its future payments, money from sale, money from full or partial default, money from lawsuits etc.

Say I buy some Pirate debt from Jack. I do *not* buy the rights to any decrease in value to date. I cannot sell you a right I do not have. Without the pedigree to the debt, you really won't know what you're buying. But I guess that's your problem.

However, I question your claim that the latter is worth much more than the former. You are implying that there is significant value in the rights to sue pirate, which I dont think it is. Please show me some similiar cases that was won by the alleged victim.

It depends how similar they need to be. There is certainly a history of partial recoveries in Ponzi schemes. This would be the first significant Bitcoin Ponzi scheme, so we're in uncharted territory.

I am not conspiring with Pirate in any way. Everything I know relevant to the debt, pirate and his trust is public information.

Okay, that's good enough for me. If you are, then your claiming you're not here would be fraud and probably sufficient to undo the sale anyway.

[bitlane]

This is the main reason why in my debt purchase offer, I never wanted 'cheap' debt.
https://bitcointalk.org/index.php?topic=102715.0

If it wasn't clear, I was buying debt with a CLEAR MONEY TRAIL to strengthen my case....not prey on others.

I am not attempting to gamble on a few Bitcoins and a bit of profit.

I plan to gamble with a man's freedom.

[AndrewBUD]

Not my freedoms massah...

[dissipate]

Bump, my % offer changed and still buying debt.

Pirate? Pirate? Is that you? 

[MPOE-PR]

Even if 1% is still probably overpaying, it's nice to see the price on that junk moving closer to real value. I keep seeing these threads where people ask for >50% on defaulted debt and chuckle to myself.

[El Cabron]

kom igjen

i see...

[ErebusBat]

kom igjen

I think this is proof....  AnonX is really a cat.

[Ente]

bump

So.. you are still buying? :-)

Ente

[jamesg]

bump

I would consider selling you my entire trust account for 10% at this point.

You may want to re-read the OP. Just sayin.