MrTeal
Legendary
Offline
Activity: 1274
Merit: 1004
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August 31, 2012, 02:47:17 AM |
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According to IRC, Pirate has paid 22/459.
Now imagine he takes over all the PPT accounts, a huge number that probably well under 100BTC in them. For a relatively minor sum, he could pay out 750/1500 or whatever the numbers end up being over the course of months. Progress is being made so people are not happy but not suing, and Pirate can wait until the attention dies off before just going away.
See everyone vs Bitcoinica Consultancy as a reference.
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payb.tc
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August 31, 2012, 03:00:36 AM |
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that is a line in the sad
no, this is a line in the sad: sad
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cablepair
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August 31, 2012, 03:11:08 AM |
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buying PPT accounts at -25% PM me now...
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ErebusBat
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August 31, 2012, 03:12:04 AM |
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buying PPT accounts at -25% PM me now...
Selling my PPT for 115%
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cablepair
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August 31, 2012, 03:43:31 AM |
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buying PPT accounts at -25% PM me now...
Selling my PPT for 115% ahh, the glass is half full is it? Glad to hear it, I was actually joking around but since you commented on it , mind sharing why you are so optimistic?
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ErebusBat
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August 31, 2012, 03:53:43 AM |
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buying PPT accounts at -25% PM me now...
Selling my PPT for 115% ahh, the glass is half full is it? Glad to hear it, I was actually joking around but since you commented on it , mind sharing why you are so optimistic? No facts, just gut. But i also have a very small portion at stake, compared to some.
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cablepair
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August 31, 2012, 03:56:45 AM |
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LOL
well thats nice.
When Ponzi schemes collapse it happens like this:
1) Pay off those you think will cause you the most trouble 2) Arrange things so the blame falls on someone else 3) Get the hell out of dodge
I am not sure where "payoff the people who have very little money involved but still believe in you " falls into play
but I am guessing its WAY down the list...
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ErebusBat
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August 31, 2012, 04:00:58 AM |
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LOL
well thats nice.
When Ponzi schemes collapse it happens like this:
1) Pay off those you think will cause you the most trouble 2) Arrange things so the blame falls on someone else 3) Get the hell out of dodge
I am not sure where "payoff the people who have very little money involved but still believe in you " falls into play
but I am guessing its WAY down the list...
Cool story
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cuz0882
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August 31, 2012, 07:03:57 AM |
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I can't believe people are actually upset about this. It was obvious he would default at some point. Even after the default there was time to cash out and only lose 20%. Anyone who held on hoping to get all their money plus interest, knew it was no guarantee. I'm not disputing that pirate is as crooked as a barrel of fish hooks, but dragging this out will only hurt bitcoin. Everyone needs to cut their losses and move on.
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The_Duke
Sr. Member
Offline
Activity: 252
Merit: 250
Lead Core BitKitty Developer
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August 31, 2012, 07:11:40 AM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others.
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NOT a member of the so called ''Bitcoin Foundation''. Choose Independence!
Donate to the BitKitty Foundation instead! -> 1Fd4yLneGmxRHnPi6WCMC2hAMzaWvDePF9 <-
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ErebusBat
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August 31, 2012, 03:22:57 PM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others. The only ones I see throwing a fit are bitlane and teamponzi. Did I miss YAPT? (Yet Another Pirate THread)
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bitlane (OP)
Internet detective
Sr. Member
Offline
Activity: 462
Merit: 250
I heart thebaron
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August 31, 2012, 03:27:52 PM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others. The only ones I see throwing a fit are bitlane and teamponzi. Did I miss YAPT? (Yet Another Pirate THread) I am not throwing a fit. I am rolling the dice with my 'investment'. It's all the rest of you FUCKING PUSSIES that want to suck Pirate off and give up your details. I might be a sucker for my original investment.....but you all take the cake and continue to play his games. You are willing to blow him for 25 BTC in your PPT accounts. I am willing to BURY him publicly with over 2500 BTC at risk.
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AndrewBUD
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August 31, 2012, 07:11:49 PM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others. The only ones I see throwing a fit are bitlane and teamponzi. Did I miss YAPT? (Yet Another Pirate THread) I am not throwing a fit. I am rolling the dice with my 'investment'. It's all the rest of you FUCKING PUSSIES that want to suck Pirate off and give up your details. I might be a sucker for my original investment.....but you all take the cake and continue to play his games. You are willing to blow him for 25 BTC in your PPT accounts. I am willing to BURY him publicly with over 2500 BTC at risk. You get my vote I think people that give up their details will be very sorry in the near future.....(jail house bum sex sorry)
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
| | | | .'M████▀▀██ ██ W█Ws'V██ ██▄▄███▀▀█ i█████m.~M████▀▀██ ███ d███████Ws'V██ ██████ ****M██████m.~███f~~__mW█ ██▀▀▀████████= Y██▀▀██W ,gm███████ g█████▄▄▄██ █A~`_WW Y█ ██!,████████ g▀▀▀███ ████▀▀`_m████i!████P W███ ██ _███▄▄▄██▀▀▀███Af`_m███ █W ███A ]███ ██ __ ~~~▀▀▀▀▄▄▄█*f_m██████ ██i!██!i███████ Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████ 8█ █▀▀█████.!██ ██████████i! █████ '█ █ █ █W M█▄▄▄██████ ██ !██ !███▄▄█ ██i'██████████ ██ Y███████████.]██████████████ █ ███████b ███ ██████ Y █ █▀▀█i!██ ████ V███ █ █W Y█████ ~~▀███▄▄▄█['███ ~~*██ | | Play | | | | │ │ ███ │ ███ │ ███ │ │ ███ ███ │ ███ ███ ███ ███ │ ███ ███ ███ ███ ███ ███ ███ ███ ███ │ │ ███ ███ │ │ │ │ │ | | Trade | | | | __▄▄████▄▄ __▄▄███████████████▄▄▄ _▄▄█████████▀▀~`,▄████████████▄▄▄ ~▀▀████▀▀~`,_▄▄███████████████▀▀▀ d█~ =▀███████████████▀▀ ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄ ,W█. *████▄▄__ ' __▄▄█████ !██P █████████████████████ W█. - ██████████████████▀ i██[ ~ ▀▀█████████▀▀▀ g███! Y███ | | Learn |
[/tabl
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bitlane (OP)
Internet detective
Sr. Member
Offline
Activity: 462
Merit: 250
I heart thebaron
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August 31, 2012, 08:00:26 PM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others. The only ones I see throwing a fit are bitlane and teamponzi. Did I miss YAPT? (Yet Another Pirate THread) I am not throwing a fit. I am rolling the dice with my 'investment'. It's all the rest of you FUCKING PUSSIES that want to suck Pirate off and give up your details. I might be a sucker for my original investment.....but you all take the cake and continue to play his games. You are willing to blow him for 25 BTC in your PPT accounts. I am willing to BURY him publicly with over 2500 BTC at risk. You get my vote I think people that give up their details will be very sorry in the near future.....(jail house bum sex sorry) Please don't vote for me. I am trying to make enemies, not friends
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AndrewBUD
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August 31, 2012, 08:02:17 PM |
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I can't believe people are actually upset about this.
People are mainly upset at themselves, for obvious reasons. However, it's hard to admit that, even to yourself, and much easier to just shout at others. The only ones I see throwing a fit are bitlane and teamponzi. Did I miss YAPT? (Yet Another Pirate THread) I am not throwing a fit. I am rolling the dice with my 'investment'. It's all the rest of you FUCKING PUSSIES that want to suck Pirate off and give up your details. I might be a sucker for my original investment.....but you all take the cake and continue to play his games. You are willing to blow him for 25 BTC in your PPT accounts. I am willing to BURY him publicly with over 2500 BTC at risk. You get my vote I think people that give up their details will be very sorry in the near future.....(jail house bum sex sorry) Please don't vote for me. I am trying to make enemies, not friends Well, in the words of Gigavps, Go fuck yourself (masterbation counts) Have a nice day...!
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| 365 | TM | | | | EZ365 is a digital ecosystem that combines the best aspects of online gaming, cryptocurrency trading and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | | ..WHITEPAPER.. ..INVESTOR PITCH..
| | | | .'M████▀▀██ ██ W█Ws'V██ ██▄▄███▀▀█ i█████m.~M████▀▀██ ███ d███████Ws'V██ ██████ ****M██████m.~███f~~__mW█ ██▀▀▀████████= Y██▀▀██W ,gm███████ g█████▄▄▄██ █A~`_WW Y█ ██!,████████ g▀▀▀███ ████▀▀`_m████i!████P W███ ██ _███▄▄▄██▀▀▀███Af`_m███ █W ███A ]███ ██ __ ~~~▀▀▀▀▄▄▄█*f_m██████ ██i!██!i███████ Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████ 8█ █▀▀█████.!██ ██████████i! █████ '█ █ █ █W M█▄▄▄██████ ██ !██ !███▄▄█ ██i'██████████ ██ Y███████████.]██████████████ █ ███████b ███ ██████ Y █ █▀▀█i!██ ████ V███ █ █W Y█████ ~~▀███▄▄▄█['███ ~~*██ | | Play | | | | │ │ ███ │ ███ │ ███ │ │ ███ ███ │ ███ ███ ███ ███ │ ███ ███ ███ ███ ███ ███ ███ ███ ███ │ │ ███ ███ │ │ │ │ │ | | Trade | | | | __▄▄████▄▄ __▄▄███████████████▄▄▄ _▄▄█████████▀▀~`,▄████████████▄▄▄ ~▀▀████▀▀~`,_▄▄███████████████▀▀▀ d█~ =▀███████████████▀▀ ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄ ,W█. *████▄▄__ ' __▄▄█████ !██P █████████████████████ W█. - ██████████████████▀ i██[ ~ ▀▀█████████▀▀▀ g███! Y███ | | Learn |
[/tabl
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bitlane (OP)
Internet detective
Sr. Member
Offline
Activity: 462
Merit: 250
I heart thebaron
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August 31, 2012, 08:04:06 PM |
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Well, in the words of Gigavps, Go fuck yourself ( masterbation counts) Have a nice day...! ..and good day to you as well, fine Sir (masturbation counts towards fucking myself.......I am ACTUALLY laughing out loud as I type this...LOL)
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JoelKatz
Legendary
Offline
Activity: 1596
Merit: 1012
Democracy is vulnerable to a 51% attack.
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September 01, 2012, 05:53:56 AM |
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2) If pirate is really trying to settle this(individually with each "lender") to minimize his legal problems, you don't want to give him that chance?
That should be everyone's stance. Individual lenders have no authority to settle any debt with Pirate because the other lenders own a portion of that debt. The agreement between the lenders and the PPT owner controls how any payments on that shared debt are distributed, and bypassing the PPT owner breaches that agreement. If two people pool their money to buy a house as an investment, each paying half, with an agreement to split the profits when the house is sold, then each one can certainly sell their interest in the house. But they cannot cut off any 50% portion of the house they choose, sell it, and keep all the money. They don't each own a particular half of the house that is theirs to do what they wish. They each have a one-half interest in the entire house. Selling half the house and keeping the profits deprives the other half-owner of their half of the proceeds from that portion of the house. The proceeds from the house are to be distributed according to their pooling agreement. It is the same with PPTs. There isn't some specific Pirate debt that corresponds to a single share such that Pirate can pay that share back. Each holder has a pro-rate share of the entire debt with their agreement governing how payments are distributed.
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I am an employee of Ripple. Follow me on Twitter @JoelKatz 1Joe1Katzci1rFcsr9HH7SLuHVnDy2aihZ BM-NBM3FRExVJSJJamV9ccgyWvQfratUHgN
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zyk
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September 14, 2012, 12:40:32 PM |
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It's now time to let your PPT OP 'down from his cross' and allow him/her/it to DEFEND the integrity of this community. Thats how it should be defended by you and payb.tc :As bitcoinmax always stated, your coins are lost !, as Trendon Shavers shaves us all. In case the defaulted entity BCST is assuming its liabilities to bitcoinmax or pays out any amount to bitcoinmax, all principal investments are payed back evenly up to the amount deposited. The gained interest of all accounts is put in escrow until further notice. If bitcoinmax liabilities to you are not fully covered by this proceedure and in case BCST pays zilch, i payb.tc, will pact with bitlane to recover what is being able to recover from Trendon Shavers. The interest which i accrued during operation of bitcoinmax up to date is given back to recover your principal investments. As far as it stands, pirate has not option neither right to get your data or information through my hands. Seeing forward to provide further investment possibilities to you in the future. Please comment Yours sincerely.......... to be clear: i am not the author of the above text, and don't know who is. I added some bolding because it gets lost, but basically, he was giving you your statement. no offence to zyk, but he can hardly string an english sentence together, so i doubt he wrote the above passage. hence, i still don't know who the author is. Of course you know ! That was again me.......i even put it for angloamerican lecturing ! Cheers Zyk
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bitlane (OP)
Internet detective
Sr. Member
Offline
Activity: 462
Merit: 250
I heart thebaron
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September 14, 2012, 12:47:11 PM |
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no offence to zyk, but he can hardly string an english sentence together, so i doubt he wrote the above passage.
You have to admit. This pretty much sums up the better part of your ramblings. As I have said previously, I enjoy and appreciate your enthusiasm, but I sincerely beg and plead for you to find a new web translator to use. The Zykooglish joke is old, it was funny for about 5 minutes......yet here we are, STILL.
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zyk
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September 14, 2012, 03:51:09 PM |
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no offence to zyk, but he can hardly string an english sentence together, so i doubt he wrote the above passage.
You have to admit. This pretty much sums up the better part of your ramblings. As I have said previously, I enjoy and appreciate your enthusiasm, but I sincerely beg and plead for you to find a new web translator to use. The Zykooglish joke is old, it was funny for about 5 minutes......yet here we are, STILL. Thats a compliment..is it? cause I wrote the stuff above.... problem is there are still hardly people to find in this "funny" case, who can follow a string of stringent thoughts and thats what would be needed to understand zykloogish... Cheers Zyk
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