History - Bitcoin Savings and Trust and Pirateat40 on Bitcointalk (PONZI)

[xtraelv]

This thread is the 2nd clear OG witch hunting meta thread in the last couple of days under the guise of some other neutral board related topic. It was soon latched upon by the SAME people that have been trying to pull OG down with EXTRA DESPERATION since he made it back on to default trust.

I guess you must think the same of the post right above which is along the exact same lines.

https://bitcointalk.org/index.php?topic=4432338.0
https://bitcointalk.org/index.php?topic=4425909.0

Quite a lot of VIPs lost substantial funds due to this ponzi - some even became considered scammers because of their defaults on loans:

Matthew N. Wright https://bitcointalk.org/index.php?action=profile;u=24749
PatrickHarnett https://bitcointalk.org/index.php?action=profile;u=26841
Goat - El Cabron  - https://bitcointalk.org/index.php?action=profile;u=44233

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[Vod]

Bumping this since it relevant now.  OG is claiming his theft did not have any victims... :/

https://bitcointalk.org/index.php?topic=4432338.0
https://bitcointalk.org/index.php?topic=4425909.0

Quite a lot of VIPs lost substantial funds due to this ponzi - some even became considered scammers because of their defaults on loans:

Matthew N. Wright https://bitcointalk.org/index.php?action=profile;u=24749
PatrickHarnett https://bitcointalk.org/index.php?action=profile;u=26841
Goat - El Cabron  - https://bitcointalk.org/index.php?action=profile;u=44233

[OgNasty]

Bumping this since it relevant now.  OG is claiming his theft did not have any victims... :/

I did not steal anything.  I insured against losses and paid out all of pirates victims that had a policy with me.  Who did I steal from?  Can you name a single person or are you just trying to stir up drama with lies?  It is extremely untrustworthy behavior to make such claims with no evidence.

[Vod]

I insured against losses and paid out all of pirates victims that had a policy with me.  

That's what I'm saying.  You kept the coin pirate returned to you and paid out your penny fund instead.

It is extremely untrustworthy behavior to make such claims with no evidence.

I already don't trust you - the no evidence claims you keep making against me don't make me trust you more... 

[OgNasty]

I insured against losses and paid out all of pirates victims that had a policy with me.  

That's what I'm saying.  You kept the coin pirate returned to you and paid out your penny fund instead.

It is extremely untrustworthy behavior to make such claims with no evidence.

I already don't trust you - the no evidence claims you keep making against me don't make me trust you more...  

Any funds I received from pirate were paid out to their depositors exactly how they should have been.

You don't trust me because I called you out on your lies and you've now lied yourself into a corner.  Stop spreading your lies and drama throughout the forum.  Nobody appreciates this behavior and it certainly doesn't belong littering the Meta section.  Grow up already.  

[Vod]

Any funds I received from pirate were paid out to their depositors in the promised amounts exactly how they should have been.

Yes, you made a contract that stated if pirate did not pay, you would refund the penny fund.

Pirate repaid you, and you kept the coin.

Three Legendary members became scammers due to you.

Nobody appreciates this behavior and it certainly doesn't belong littering the Meta section.  Grow up already. 

But it belongs in the P&S section, where you are following me around?

Grow up.

[OgNasty]

Pirate repaid you, and you kept the coin.

Three Legendary members became scammers due to you.

Nothing but lies.  I have already stated, "Any funds I received from pirate were paid out to their depositors exactly how they should have been."

Seriously Vod, grow up.  No legendary members became scammers due to my paying out insurance to depositors and there isn't a single honest person on this site that appreciates your behavior.

[Vod]

Pirate repaid you, and you kept the coin.

Three Legendary members became scammers due to you.

Nothing but lies.  I have already stated, "Any funds I received from pirate were paid out to their depositors exactly how they should have been."

You should stop lying if it bothers you.

And I agreed with you.  They received exactly what they should have if Pirate didn't return the coins.

Pirate returned the coins, and you felt solar panels were more important than this community.

[OgNasty]

Pirate repaid you, and you kept the coin.

Three Legendary members became scammers due to you.

Nothing but lies.  I have already stated, "Any funds I received from pirate were paid out to their depositors exactly how they should have been."

Seriously Vod, grow up.  No legendary members became scammers due to my paying out insurance to depositors and there isn't a single honest person on this site that appreciates your behavior.

You should stop lying if it bothers you.

And I agreed with you.  They received exactly what they should have if Pirate didn't return the coins.

Pirate returned the coins, and you felt solar panels were more important than this community.

Now you are claiming I paid for my solar panels several years later with funds from pirate?  You are delusional...  See my above bolded statement.

I explained the situation in a little more detail already tonight here:

When pirate disappeared I did pay out the insurance claims, but by that point nearly everyone had left my program to deposit directly with pirate, leaving my insurance fund to cover far more of the remaining balances than expected and leaving users ecstatic as they had been also receiving interest for months.

[Vod]

Now you are claiming I paid for my solar panels several years later with funds from pirate? 

No, you are making that up. 

I claim you view your possessions as more important than this community. 

No one knows what you spent your stolen coins on.  It certainly wasn't Nastymining.

[TwitchySeal]

When pirate disappeared I did pay out the insurance claims, but by that point nearly everyone had left my program to deposit directly with pirate, leaving my insurance fund to cover far more of the remaining balances than expected and leaving users ecstatic as they had been also receiving interest for months.

Putting aside the very strong evidence that you straight up stole from investors:

The ~BTC2,600 that were invested a few weeks before the collapse (August) had a BTC65 'reserve', which was eventually paid out to 4 investors when their ~BTC1,000 combined balance was written off.

I estimate you made well over BTC1,000, risk free, by paying out less than half the interest you received from pirateat to your 'investors'.

But yeah, you put BTC65 aside for when it collapsed. While keeping almost 20x that for yourself and at times having more than 60x that invested. Good for you.

[Vod]

I've posted this before:

OG steals $100 from victim
OG gives victim $20
Victim is ecstatic.

[hacker1001101001]

When pirate disappeared I did pay out the insurance claims, but by that point nearly everyone had left my program to deposit directly with pirate, leaving my insurance fund to cover far more of the remaining balances than expected and leaving users ecstatic as they had been also receiving interest for months.

Putting aside the very strong evidence that you straight up stole from investors:

The ~BTC2,600 that were invested a few weeks before the collapse (August) had a BTC65 'reserve', which was eventually paid out to 4 investors when their ~BTC1,000 combined balance was written off.

I estimate you made well over BTC1,000, risk free, by paying out less than half the interest you received from pirateat to your 'investors'.

But yeah, you put BTC65 aside for when it collapsed. While keeping almost 20x that for yourself and at times having more than 60x that invested. Good for you.

No one who invested with OG ever complained about it. Your personal grudges and jealousy from it are pretty transparent in your actions here.

Judging about 1000's of BTC and how they should have been handled LOL !

Atleast check the purpose of the OP before posting.

[Vod]

No one who invested with OG ever complained about it.

That's your opinion; you can't know who was angry.

Also, they didn't know pirate returned the coins.  OG was planning this "insurance scam"  since he found out pirate would soon default.    I'm sure if they were aware, they would have complained.

[OgNasty]

When pirate disappeared I did pay out the insurance claims, but by that point nearly everyone had left my program to deposit directly with pirate, leaving my insurance fund to cover far more of the remaining balances than expected and leaving users ecstatic as they had been also receiving interest for months.

Putting aside the very strong evidence that you straight up stole from investors:

The ~BTC2,600 that were invested a few weeks before the collapse (August) had a BTC65 'reserve', which was eventually paid out to 4 investors when their ~BTC1,000 combined balance was written off.

I estimate you made well over BTC1,000, risk free, by paying out less than half the interest you received from pirateat to your 'investors'.

But yeah, you put BTC65 aside for when it collapsed. While keeping almost 20x that for yourself and at times having more than 60x that invested. Good for you.

This is made up fantasy. Your “estimates” are so wildly wrong that it’s ridiculous. No point arguing with people that make things up. Find a victim if you claim I stole something. Spoiler alert: you can’t because I didn’t.

No one who invested with OG ever complained about it.

Also, they didn't know pirate returned the coins.  OG was planning this "insurance scam"  since he found out pirate would soon default.    I'm sure if they were aware, they would have complained.

Any funds pirate returned were returned to the depositor that requested them.

[TwitchySeal]

This is made up fantasy. Your “estimates” are so wildly wrong that it’s ridiculous.

The block chain is real.  The forum archives are real.  Math is real.  Not fantasy.  Real. https://bitcointalk.org/index.php?topic=2834153.msg30944546#msg30944546

[OgNasty]

This is made up fantasy. Your “estimates” are so wildly wrong that it’s ridiculous.

The block chain is real.  The forum archives are real.  Math is real.  Not fantasy.  Real. https://bitcointalk.org/index.php?topic=2834153.msg30944546#msg30944546

Bitcoin Core didn’t have the easily accessible coin control features back then that it has now. It is a foolish assumption to think that I wasn’t sending funds to depositors from change addresses or occasionally online wallets when I was mobile. I had lots of BTC spread all over the place back then as I supported every Bitcoin service I could find. Your ineptitude and incorrect assumptions are what is real.

[TwitchySeal]

This is made up fantasy. Your “estimates” are so wildly wrong that it’s ridiculous.

The block chain is real.  The forum archives are real.  Math is real.  Not fantasy.  Real. https://bitcointalk.org/index.php?topic=2834153.msg30944546#msg30944546

Bitcoin Core didn’t have the easily accessible coin control features back then that it has now. It is a foolish assumption to think that I wasn’t sending funds to depositors from change addresses or occasionally online wallets when I was mobile. I had lots of BTC spread all over the place back then as I supported every Bitcoin service I could find. Your ineptitude and incorrect assumptions are what is real.

None of the above relies on where you sent the payments from.  It's very clear how much you collected for pirateat, how much pirateat paid you, how much of that you returned to investors, and how much went towards 'insuring deposits'.

You posted the logs.

[OgNasty]

This is made up fantasy. Your “estimates” are so wildly wrong that it’s ridiculous.

The block chain is real.  The forum archives are real.  Math is real.  Not fantasy.  Real. https://bitcointalk.org/index.php?topic=2834153.msg30944546#msg30944546

Bitcoin Core didn’t have the easily accessible coin control features back then that it has now. It is a foolish assumption to think that I wasn’t sending funds to depositors from change addresses or occasionally online wallets when I was mobile. I had lots of BTC spread all over the place back then as I supported every Bitcoin service I could find. Your ineptitude and incorrect assumptions are what is real.

None of the above relies on where you sent the payments from.  It's very clear how much you collected for pirateat, how much pirateat paid you, how much of that you returned to investors, and how much went towards 'insuring deposits'.

You posted the logs.

If it’s clear, then how are your numbers so wildly incorrect? You must be missing quite a bit of information and just filling in the blanks with incorrect assumptions. In any event, I was cleared of any wrongdoing long ago, but attacking the person who insured against losses says a lot about those engaging in this behavior. Like they say, no good deed goes unpunished.

[Vod]

In any event, I was cleared of any wrongdoing long ago

You were never investigated, so you were not cleared of anything.

At the time, the authorities didn't care about you.  But now that we've shown you stole at least 1,000 btc, they'll probably be taking a second look.