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Author Topic: Matthew is renigging on his bet. He doesn't recognize Pirate's debt to Goat.  (Read 3282 times)
Coincomm (OP)
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August 31, 2012, 04:31:37 AM
 #1

So if Pirate does not pay Goat out according to the agreement but pays everyone else, you will lose your bet with Matthew.

So cancel your escrows and void your bets. He is not playing fair.
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August 31, 2012, 04:32:18 AM
 #2

So if Pirate does not pay Goat out according to the agreement but pays everyone else, you will lose your bet with Matthew.

So cancel your escrows and void your bets. He is not playing fair.

Trying to set a new record for most threads started in a day?

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Matthew N. Wright
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August 31, 2012, 04:32:46 AM
 #3

SameAtlas is SameAtlas.

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August 31, 2012, 04:43:11 AM
 #4

SameAtlas is SameAtlas.

He was doing pretty good, there for a bit.

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August 31, 2012, 05:17:47 AM
 #5

Pirate owes the investors.  If he pays the investors of the PPTs whose operators do give him the information he asked for, then who do you hold responsible for him not paying the rest?

Personally, I don't think pirate can pay out 100% of investors because I believe that there will be some investors who won't lodge a claim if it requires revealing real life information about themselves.

It will be interesting to see what pirate has to say after the midnight Friday deadline passed.  When Goat asked him on IRC for the contact details for his lawyer, he implied that information would be made available on Friday.

Quote
<Chaang-Noi> pirate, can you make your lawyers phone number public? i want to have somethings confirmed.
<reeses> that might be the smart move, because you can say things now that fuck you into piercing your corp. shield
<pirateat40> Chaang-Noi, those details will be available on Friday and all communication will be by certified mail.

I'm curious about what he means by that last part and whether his lawyers will not be communicating with anyone by phone or email.


All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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August 31, 2012, 05:21:52 AM
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Pirate owes the investors.  If he pays the investors of the PPTs whose operators do give him the information he asked for, then who do you hold responsible for him not paying the rest?

Personally, I don't think pirate can pay out 100% of investors because I believe that there will be some investors who won't lodge a claim if it requires revealing real life information about themselves.

It will be interesting to see what pirate has to say after the midnight Friday deadline passed.  When Goat asked him on IRC for the contact details for his lawyer, he implied that information would be made available on Friday.

Quote
<Chaang-Noi> pirate, can you make your lawyers phone number public? i want to have somethings confirmed.
<reeses> that might be the smart move, because you can say things now that fuck you into piercing your corp. shield
<pirateat40> Chaang-Noi, those details will be available on Friday and all communication will be by certified mail.

I'm curious about what he means by that last part and whether his lawyers will not be communicating with anyone by phone or email.



If nothing else, I'm sure if it goes legal, the first set of documents would be sent certified/registered, with additional correspondence between counsel done via other methods.

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August 31, 2012, 05:24:34 AM
 #7

Pirate's debt is to Goat and Goat only.

What Goat does outside the debt is irrelevant.
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August 31, 2012, 05:25:32 AM
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He may use to the payouts to pay for medical care for his hooker, feed the poor or resell the payouts. Whatever he does doesn't matter in regards to his loan with Pirate.
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August 31, 2012, 05:25:37 AM
 #9

Pirate's debt is to Goat and Goat only.

What Goat does outside the debt is irrelevant.

Good try, but no.

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August 31, 2012, 05:28:52 AM
 #10

imsaguy, please explain.

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August 31, 2012, 05:29:34 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.
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August 31, 2012, 05:31:44 AM
 #12

Pirate owes the investors.  If he pays the investors of the PPTs whose operators do give him the information he asked for, then who do you hold responsible for him not paying the rest?

Pirate's debt is to Goat and Goat only.

This. Investors->PPT->Pirate.

Pirate's obligation is completed when he pays the PPT operators. The operators are obligated to honor their contracts. If you have a pass through account, deal with your operator, not with Pirate. Pirate doesn't have your account, he has one for the operator of the pass through.

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August 31, 2012, 05:33:15 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.

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Coincomm (OP)
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August 31, 2012, 05:35:36 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.
That's not mentioned in his agreement with Pirate when he setup the account.

The liability is not implied.

Ask Goat if he told Pirate what he was doing with HIS account. The agreement does not give Pirate a free-for-all.
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August 31, 2012, 05:37:47 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.
That's not mentioned in his agreement with Pirate when he setup the account.

The liability is not implied.

Ask Goat if he told Pirate what he was doing with HIS account. The agreement does not give Pirate a free-for-all.

No, goat actually created the liability when he started doing the PPT.

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August 31, 2012, 05:39:22 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.
That's not mentioned in his agreement with Pirate when he setup the account.

The liability is not implied.

Ask Goat if he told Pirate what he was doing with HIS account. The agreement does not give Pirate a free-for-all.

No, goat actually created the liability when he started doing the PPT.

There is no common law on the books that allows you to create liability for other people by using their products or otherwise.
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August 31, 2012, 05:39:30 AM
 #17

imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.


Fuck it this is all silliness and FUD... I highly suspect pirate is just fucking around and playing games...  

Ditto.

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August 31, 2012, 05:39:37 AM
 #18

I don't know guys, it sounds dubious. Maybe its time to let some attorneys take a look and put in their 200,000 cents

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August 31, 2012, 05:40:54 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.


Fuck it this is all silliness and FUD... I highly suspect pirate is just fucking around and playing games...  

Ditto.

You better do good on your bet, you fucker. I will not pay if you pull this shit.
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August 31, 2012, 05:41:19 AM
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imsaguy, please explain.
This. Pirate's agreement with Goat only includes themselves. Nobody else.

Its basically 3rd party beneficiary.  The bond never limited this liability.  The whole reason goat setup the bond was so others could use it as a PPT.  It was setup to benefit someone else.


Fuck it this is all silliness and FUD... I highly suspect pirate is just fucking around and playing games...  

Ditto.

You better do good on your bet, you fucker. I will not pay if you pull this shit.

Atlas? Are you threatened?

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