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Author Topic: Bitcoin Savings and Trust | Home | Closed  (Read 774426 times)
SilverLeaf
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January 13, 2012, 07:45:03 PM
 #361

Hi Pirateat40,

I'm interested in the Storage plan.
Can throw in about 60 BTC.
Please give me a login by PM, thanks Smiley .

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There are several different types of Bitcoin clients. EWallets are like banks -- a central organization has complete control over your money. You shouldn't put much money in EWallets.
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PatrickHarnett
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January 13, 2012, 08:06:47 PM
 #362

Hi Pirateat40,

This thread was just too big. So, I asked my question in a new thread. Besides, First Pirate bank is just too big now - it surely deserves multiple threads.

Will you please look at this question and respond there?

https://bitcointalk.org/index.php?topic=58542.0

I had also sent you a private message earlier asking how to start. I'm still interested, of course, but was hoping you could address these questions, that I'm sure many members of the community must wonder about as well.

Thanks,

I'm not going to be managing multiple threads.  If you're to lazy to go through my thread to get the information you need, I am simply to lazy to respond.

I just woke up, I'm GRUMPY  Angry

+1

Don't invest if you're not happy.  P@40 is free to do what he wants and has chosen to do it a particular way.  He has no need or obligation to explain.
SilverLeaf
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January 14, 2012, 02:32:37 PM
 #363

No more avail? Sad

vuce
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January 14, 2012, 02:40:16 PM
 #364

No more avail? Sad
just wait a little while. It usually doesn't take too long.
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January 14, 2012, 05:46:08 PM
 #365

Ok thanks Smiley , waiting for login info then Wink .

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January 14, 2012, 08:05:57 PM
 #366

Storage Update

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January 14, 2012, 10:26:13 PM
 #367

Storage Update

OK, can throw in 60 BTC to start, another 35 in a few days. Can you give me login info? Thanks Smiley .

pirateat40
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January 15, 2012, 02:45:57 AM
 #368

Due to the large amount of new account requests I have decided to suspend new accounts until the time comes when I need more.  The top post will show the current status as it changes.

To those that have already contacted me for a new account don't worry they'll be created,  this change does not affect you.

Thanks,



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January 15, 2012, 05:12:46 AM
 #369

Due to the large amount of new account requests I have decided to suspend new accounts until the time comes when I need more.  The top post will show the current status as it changes.

Shocked


wow...

(BFL)^2 < 0
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January 15, 2012, 08:59:22 AM
 #370

Pheeew, just in time then Wink .

Thanks Pirate.

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January 15, 2012, 09:52:34 AM
 #371

So, you changed the icon from a smiley to a thumbs up to signify no new accounts? Do you have an icon that means storage capacity available?  Cheesy

pirateat40
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January 15, 2012, 04:14:06 PM
 #372

So, you changed the icon from a smiley to a thumbs up to signify no new accounts? Do you have an icon that means storage capacity available?  Cheesy


Oh my I didn't even notice that I changed it.  It must have been a mis-scroll. Fixed

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January 15, 2012, 04:15:52 PM
 #373

Looks much better again Smiley

pirateat40
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January 18, 2012, 05:49:18 PM
 #374

Storage Updated Smiley

pirateat40
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January 18, 2012, 10:19:06 PM
 #375

Surprisingly it's taking a long time to fill this time.

It's filling faster than you see, I have had a lot of withdraws and money moving around since this morning.  Net wise, yes its slow going.

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January 18, 2012, 10:46:49 PM
 #376

It's changing - it's also partly the time of day.  (and there is a bit of other trading happening)
pirateat40
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January 19, 2012, 06:28:15 PM
 #377

Storage Updated

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January 19, 2012, 06:38:49 PM
 #378

For you to be able to keep updating your storage as you are doing right now, you'd have to have a constant supply of new clients, and your old clients would have to continue doing business with you on a regular basis, correct?

I'd like to warn everyone that there exists a possibility that pirate is trying to amass as many bitcoins as possible over a longer period of time, covering interest payments with other client deposits similarly to a ponzi-scheme, before suddenly disappearing, with thousands or even tens of thousands of bitcoins.

I would estimate that you currently have a volume larger than that of many exchanges in the Bitcoin community, and you are able to do all of these trades locally. Another thing worth noting is that you have yet to disclose any personal information, which by no means is necessary, but can be good for credibility.

This is merely a warning, and my goal is to entice discussion into this matter.
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January 19, 2012, 06:46:36 PM
 #379

Well someone is trying to beat mybitcoin.com's record I see Grin

IMHO if you put your money in these schemes you deserve to lose them or be found out ( I doubt pirate's business is 100% legal )
pirateat40
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January 19, 2012, 06:47:29 PM
 #380

For you to be able to keep updating your storage as you are doing right now, you'd have to have a constant supply of new clients, and your old clients would have to continue doing business with you on a regular basis, correct?

I'd like to warn everyone that there exists a possibility that pirate is trying to amass as many bitcoins as possible over a longer period of time, covering interest payments with other client deposits similarly to a ponzi-scheme, before suddenly disappearing, with thousands or even tens of thousands of bitcoins.

I would estimate that you currently have a volume larger than that of many exchanges in the Bitcoin community, and you are able to do all of these trades locally. Another thing worth noting is that you have yet to disclose any personal information, which by no means is necessary, but can be good for credibility.

This is merely a warning, and my goal is to entice discussion into this matter.

The price of bitcoin changes the amount of coins needed to cover my transactions.  So as the price goes down, more coins are needed.  The other part not seen by anyone are the withdraws during the market spikes or dumps.  So, my storage is always changing.  

If a time were to come that someone is not able to withdraw coins and reports back here you can try again to entice others to jump on your bandwagon. Until then, you have no grounds to say anything related to my business.

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