pirate payments list -- accounts paid: 23/459

[smoothie]

HEY GUYS LOOK PIRATE HAS PAID 24 ACCOUNTS NOW....LOOK ^ I CHANGED IT FROM 23 TO 24...SEE SO HE MUST HAVE PAID IT RIGHT?

LOL...ON PAPER IT MEANS NOTHING.

[smoothie]

This is a complete shit-show. All this speculation is now making a joke of the situation.
I am sure there are 1001 reasons and coincidences......NONE of which have anything to do with the other.

Keep this in mind:
Trendon had said his Clients wanted all dealings to become revealed once money was paid back and business was closed.
Anyone care to make any connections with that info ? speculate a bit more ?......GIVE IT A REST.

So are you going to get paid?

[Tomatocage]

Bullfuck. Not ONE of the 24 accounts has come forward to verify they've been paid.  Maybe they just don't have an account on the forum *cough*

Edit: Oh I see what Smoothie did thar!

[DonShrents]

So, you don't think that grubles (doesn't he run BitVPS ?, who hosts GPUMAX ?) who left a positive 10 feedback on 2012-08-31 18:43:28 hasn't been paid yet ?

http://bitcoin-otc.com/viewratingdetail.php?nick=pirateat40

~DonShrents

[Tomatocage]

So, you don't think that grubles (doesn't he run BitVPS ?, who hosts GPUMAX ?) who left a positive 10 feedback on 2012-08-31 18:43:28 hasn't been paid yet ?

http://bitcoin-otc.com/viewratingdetail.php?nick=pirateat40

~DonShrents

Link to where he's come forward claiming that he's been paid?

[jamesg]

So, you don't think that grubles (doesn't he run BitVPS ?, who hosts GPUMAX ?) who left a positive 10 feedback on 2012-08-31 18:43:28 hasn't been paid yet ?

http://bitcoin-otc.com/viewratingdetail.php?nick=pirateat40

~DonShrents

Bitlane.... is that you?

[imsaguy]

So, you don't think that grubles (doesn't he run BitVPS ?, who hosts GPUMAX ?) who left a positive 10 feedback on 2012-08-31 18:43:28 hasn't been paid yet ?

http://bitcoin-otc.com/viewratingdetail.php?nick=pirateat40

~DonShrents

Nah, Pirate got pissed at BitVPS performance at one point and moved everything to SoftLayer.  Then again, getting the facts right when trolling isn't necessary.  This will also be labelled a post defending pirate, I'm sure, but in fact, its not.  Instead, its vouching for both grubles and rg, who both run a damned fine company and if grubles says he hasn't been paid.. he hasn't been paid.  Try harder.

[rapeghost]

We sent him packing, he wasn't the most pleasant customer to deal with.

[imsaguy]

We sent him packing, he wasn't the most pleasant customer to deal with.

I stand corrected.

[rapeghost]

I can also 100% vouch for grubles when he says he hasn't been paid as our finances are 'intertwined'

[Tomatocage]

So where are these 23 people who have been paid?

[AndrewBUD]

Busy watching MIB3

[tbcoin]

When I see a deposit in the address of bitcoinmax, then I will recover my faith.

19kEo3qmuUdAQb1Q7VZhRwahw5v3NSZCeW

[ObviousSock]

Nah, Pirate got pissed at BitVPS performance at one point and moved everything to SoftLayer. 

I heard it was because BitVPS operators got nosy and saw how many coins he had.  Could be wrong though.

[smoothie]

This is an very interesting hypothesis. I've been wondering why pirate didn't attempt to hide his RL identity if he was intentionally running a massive ponzi. Surely he didn't expect that he would be able to just walk away with the cash and there would be no RL repercussions. But if he was operating a Zeek passthrough, then he may well not have realized that it (Zeek) was a ponzi, assuming he's bad at math. But if there's one thing we've learnt from this fiasco it's that a lot of seemingly intelligent  people are really bad at math.

It also explains why he tried to keep the BTC price down, which does not fit with the default straight-up ponzi theory.

The only gotcha I see is that under this theory it makes less sense for him to restrict or decline deposits, as he apparently did at times. Does anyone know whether Zeek restricted deposits early on?

I agree with Brunic that we need to look closely at Zeek's history for further confirmation or contradiction.

P.S. Perhaps a mod can split this conversation off into a new topic?

Early on this makes sense because he might have not been as deep as he is now so he could easily decline deposits.

As the scam grew he couldn't lose face by not making a payout or restricting deposit withdraws, so he continued to pay retarded amounts of interest weekly.

If you notice in late July he posted up that he was lifting the requirement for referrals to deposit which opened up to everyone who wanted to participate. This was my cue that pirate was getting short on bitcoins and that if a few large investors decided to cash out at the same time he would not be able to deliver.

Hence that is what happened.

The way I see it is that all PPTs should be held responsible for investor funds that are not returned and possibly the interest that could be due on it since it is out of their hands and in the hands of a douche named pirate that they gave it to.

PPT's you all profited from the business scam and should be held accountable for paying back your investors that submitted funds to you that were sent to pirate.

I can feel the backpedaling starting to accelerate and the denial and attempts to retort what I have said here.

On the other hand if I'm not mistaken some PPTs did say that if pirate defaults then the loss is on the investor. I know Coblee said this. So that is the other side of the argument.

At the very least the PPTs should all get like a "dumbass" tag or maybe a "don't listen to me because I may help you lose your money" tag.

 

[DonShrents]

Nah, Pirate got pissed at BitVPS performance at one point and moved everything to SoftLayer. 

I heard it was because BitVPS operators got nosy and saw how many coins he had.  Could be wrong though.

Loaded Wallets are generally not kept on a VPS.

~DonShrents

[MrTeal]

Nah, Pirate got pissed at BitVPS performance at one point and moved everything to SoftLayer. 

I heard it was because BitVPS operators got nosy and saw how many coins he had.  Could be wrong though.

Loaded Wallets are generally not kept on a VPS.

~DonShrents

Unencrypted wallets containing all of the customer funds for your exchange are also generally not kept on an internet connected server, but who's counting?

[hannesnaude]

At the very least the PPTs should all get like a "dumbass" tag or maybe a "don't listen to me because I may help you lose your money" tag.

+1

Except I wouldn't include all PPTs and I wouldn't restrict it to only PPT operators. All those who vocally defended Pirate and shouted down anyone claiming ponzi, are either stupid or scummy. Unfortunately we can't prove who is a scammer and who is merely developmentally delayed. So I think they  should be made to choose between a dumbass tag and a scammer tag. Either way, next time round (and there will be a next time) their word should carry less weight.

[Fluttershy]

Heh, got banned from the pirate irc channel for switching my nickname too often for their liking. Yet Matthew gets to troll it unrestrained.

[myrkul]

Heh, got banned from the pirate irc channel for switching my nickname too often for their liking. Yet Matthew gets to troll it unrestrained.

"CoolRanchCannon" was my favorite.