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Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

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Author Topic: [BitcoinMax.com] Closed  (Read 178594 times)
hgmichna
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August 17, 2012, 08:53:25 PM
 #1161

Wow, lots of people believe they will see their funds again  Undecided

I was going to say.

Stunning, isn't it? After all these very clear and explicit warnings.

By the way, the current bitcoin price drop may have been caused by the pirate selling his last bitcoins. Just speculating.

I can only repeat this wonderful quote from the movie "Aliens" (1986):

Hudson: That's it man, game over man, game over! What the fuck are we gonna do now? What are we gonna do?

Burke: Maybe we could build a fire, sing a couple of songs, huh? Why don't we try that?
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BitLucky
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August 17, 2012, 09:02:39 PM
 #1162

Wow, lots of people believe they will see their funds again  Undecided

I was going to say.

Stunning, isn't it? After all these very clear and explicit warnings.

By the way, the current bitcoin price drop may have been caused by the pirate selling his last bitcoins. Just speculating.

Yeah I agree, although I think the recent drop in price is due to panic selling. Surely Pirate wouldn't sell the BTC after his announcement?
BitLucky
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August 17, 2012, 09:04:48 PM
 #1163

But I think there is some chance of a return of investment... although not worthy of thanking pirate at this stage lmao  Grin
Coin.Karma
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August 17, 2012, 09:08:47 PM
 #1164

Wow, lots of people believe they will see their funds again  Undecided

I was going to say.

Stunning, isn't it? After all these very clear and explicit warnings.

By the way, the current bitcoin price drop may have been caused by the pirate selling his last bitcoins. Just speculating.

I can only repeat this wonderful quote from the movie "Aliens" (1986):

M*****N : That's it man, game over man, game over! What the fuck are we gonna SPREAD FUD now? What are we gonna do?

shills : Maybe we could build a fire, sing a couple of songs, huh? Why don't we try that?

rock on brother, you are officially in the shitlist
hgmichna
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August 17, 2012, 09:12:37 PM
 #1165

Wow, lots of people believe they will see their funds again  Undecided

I was going to say.

Stunning, isn't it? After all these very clear and explicit warnings.

By the way, the current bitcoin price drop may have been caused by the pirate selling his last bitcoins. Just speculating.

Yeah I agree, although I think the recent drop in price is due to panic selling. Surely Pirate wouldn't sell the BTC after his announcement?

Because he was hoping to operate his Ponzi scheme for longer, he may still have held some bitcoins for short-term liquidity. Now that he has seen people clamoring for their money, he had to shut down and launder these remaining bitcoins by selling them off.

Needless to say, few "investors" or perhaps nobody will see their bitcoins back. He will now say, I have an unexpected number of withdrawal requests; fulfilling them will take some time, etc. He might even fulfill a few small requests to buy himself some more time. But then it's game over.
layyen
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August 17, 2012, 09:29:34 PM
 #1166

does it mean, that you (payb.tc) on monday or in some days later, receive your and our money, then you will make complete payout for everyone ? and bitcoinmax will be closed ?
conspirosphere.tk
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August 17, 2012, 09:33:27 PM
 #1167

few "investors" or perhaps nobody will see their bitcoins back. He will now say, I have an unexpected number of withdrawal requests; fulfilling them will take some time, etc. He might even fulfill a few small requests to buy himself some more time. But then it's game over.

Why the hassle of making announcements then? If it was just a ponzi coming down it would have been better to just vanish in the air with the whole loot a.s.a.p.

BadBear
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August 17, 2012, 09:38:04 PM
 #1168

few "investors" or perhaps nobody will see their bitcoins back. He will now say, I have an unexpected number of withdrawal requests; fulfilling them will take some time, etc. He might even fulfill a few small requests to buy himself some more time. But then it's game over.

Why the hassle of making announcements then? If it was just a ponzi coming down it would have been better to just vanish in the air with the whole loot a.s.a.p.

Well there's already people making a stink about withdrawals, he's gotta tell them something. Like you said, if it were a ponzi.

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Haplo
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August 17, 2012, 09:44:40 PM
 #1169

Needless to say, few "investors" or perhaps nobody will see their bitcoins back. He will now say, I have an unexpected number of withdrawal requests; fulfilling them will take some time, etc. He might even fulfill a few small requests to buy himself some more time. But then it's game over.

lol, if everyone gets their money back in the next week or two, will you promise to stfu for the rest of forever?

I'm So Meta, Even This Acronym
Sp0tter
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August 17, 2012, 09:45:00 PM
 #1170

I propose that bitcoin max pay out the withdraws posted before the time of the official closing of the BTCST, and then in order of account age.  (When his block grants from pirate come...)

http://allchains.info - First to provide difficulty estimates for forks.
BCbitcoin
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August 17, 2012, 10:03:08 PM
 #1171

I propose that bitcoin max pay out the withdraws posted before the time of the official closing of the BTCST, and then in order of account age.  (When his block grants from pirate come...)

Generally, in these circumstances, initial deposits are paid back to everyone before any interest is paid out.
silverbox
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August 17, 2012, 10:15:46 PM
 #1172

I think any partial payments made by pirate to bitcoinmax should be distributed evenly by percentage to all accounts.

Its the fairest way to do things.
conspirosphere.tk
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August 17, 2012, 10:18:08 PM
 #1173

I think any partial payments made by pirate to bitcoinmax should be distributed evenly by percentage to all accounts.
Its the fairest way to do things.

+ 1

BCbitcoin
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August 17, 2012, 10:28:14 PM
 #1174

Payments of initial deposits should be distributed as an even percentage to everyone as they arrive. No account should receive an amount greater than (total deposits - total withdrawals) before everyone's initial deposit is returned.

drakahn
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August 17, 2012, 10:29:40 PM
 #1175

... withdraw requests from before pirate closed could be filled first >.>

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August 17, 2012, 10:33:18 PM
 #1176

Payments of initial deposits should be distributed as an even percentage to everyone as they arrive. No account should receive an amount greater than (total deposits - total withdrawals) before everyone's initial deposit is returned.


That's not possible. Some accounts have already withdrawn more than the total principal deposited.
this time
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August 17, 2012, 10:34:48 PM
 #1177

... withdraw requests from before pirate closed could be filled first >.>

Yes, but only of initial deposits. Otherwise you are essentially taking money from the other depositors.
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August 17, 2012, 10:37:40 PM
 #1178

Payments of initial deposits should be distributed as an even percentage to everyone as they arrive. No account should receive an amount greater than (total deposits - total withdrawals) before everyone's initial deposit is returned.


That's not possible. Some accounts have already withdrawn more than the total principal deposited.

Yes, that person would have to wait for everyone's initial deposits to be returned before receiving any other payout.
Hpman
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August 17, 2012, 10:38:44 PM
 #1179

My Account should be payed first.   Grin
Lets wait first if there will be something to distribute.
Soros Shorts
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August 17, 2012, 10:40:42 PM
 #1180

Payments of initial deposits should be distributed as an even percentage to everyone as they arrive. No account should receive an amount greater than (total deposits - total withdrawals) before everyone's initial deposit is returned.


That's not possible. Some accounts have already withdrawn more than the total principal deposited.

Yes, that person would have to wait for everyone's initial deposits to be returned before receiving any other payout.
That makes some sense, but is still places unnecessary burden on that particular class of investors vs. those that have pulled out completely and those that still haven't recovered their initial investment.
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