[BitcoinMax.com] Closed

[Shadow383]

Don't worry guys! Let's remember the good times:

I just wanted to say, that I love your service. It was a kickstarter for me to invest in other programs, too but I will always be loyal to you


Please stay as transparent and possible and keep going! Looking to invest a significant amount very soon! 

Going to make a good sized withdrawal in order to make some important life purchases that I have been planning for. A fantastic service here and I look forward to future investing with with BitcoinMax!

is very simple, if pirate is smarter to think of something before everyone else, he would be smart enough to cover up as much as he requires....just a thought.

Also for all the people who talk about pirate being a ponzi, just remember that, we as individuals are limited by our own intelligence. It allows us only to 'digest' whatever is within our own limited capacity to understand.....we only have the ability to think within our mind, if someone else is smarter, they just are....like pirate is....

Yeah, thanks for the great service! I really liked how you managed it. Pity it was cut short.

I have all faith in Pirate, as many have pointed out if he intended to run off with our coins he wouldn't bother making announcements.

For some, not even a million bucks is enough to lose all their rep.

Oh look, lower interest rates.  This should shut those ponzi folks up... the ones yammering about 7% not going to last for one year.  It sure didn't, but pirate still isn't running a ponzi

Goooooooood tiiiiiiiimes

[hgmichna]

Also for all the people who talk about pirate being a ponzi, just remember that, we as individuals are limited by our own intelligence. It allows us only to 'digest' whatever is within our own limited capacity to understand.....we only have the ability to think within our mind, if someone else is smarter, they just are....like pirate is....

This is an interesting and very true statement. It means that I have to consider the weakness of my own brain when I try to manage my investment risk. The human brain is generally weak and full of systematic flaws. There is some very interesting, recent research on this.

One of the more fundamental flaws is that emotions, like strong wishes and strong fears, impede rational thinking. When we fervently wish for something to be true, our rational judgment and reality check is clouded, if not entirely switched off.

Another basic flaw of the human brain is its general tendency for self-overestimation.

[zyk]

Also for all the people who talk about pirate being a ponzi, just remember that, we as individuals are limited by our own intelligence. It allows us only to 'digest' whatever is within our own limited capacity to understand.....we only have the ability to think within our mind, if someone else is smarter, they just are....like pirate is....

This is an interesting and very true statement. It means that I have to consider the weakness of my own brain when I try to manage my investment risk. The human brain is generally weak and full of systematic flaws. There is some very interesting, recent research on this.

One of the more fundamental flaws is that emotions, like strong wishes and strong fears, impede rational thinking. When we fervently wish for something to be true, our rational judgment and reality check is clouded, if not entirely switched off.

Another basic flaw of the human brain is its general tendency for self-overestimation.

quoted just for the heck of it.......cheers buddy. We are all limited in some way or the other...we are just conditioned creatures since birth....just stuck with our perceptions....as shown to us since birth...if you were told something else right from the beginning, you would have believed something else totally.....so where does intelligence come in? but the realization on your part shows how far away people are in reference....cheers

The human will is free !

Pirate is just smarter.....as in "he deserves the loot"?

There is a proverb in german ..( freely translated in zykloogish ) :

Stupidity doesn´t protect you from punishment.

Don´t see any precedent in angloamerican jurisdiction, which contradicts the above statements....yet.....oh...no right in time there are coming at least 5 in my mind

Cheers Zyk

[Bitsky]

So what is the status quo?

How are the PPT operators working together?
What is being done to find Pirate?
What legal actions have been started?

[ErebusBat]

So what is the status quo?

How are the PPT operators working together?
What is being done to find Pirate?
What legal actions have been started?

What have *you* done?  Or are you waiting for someone else to do it for you?

[Bitsky]

What have *you* done?  Or are you waiting for someone else to do it for you?

Considering that I'm not even on the same continent as Pirate, my options are somewhat limited but I'm willing to put part of my promised funds into a pool if that helps to get this successfully solved.

I said before that I wouldn't mind having the BMax-details handed over to Pirate if that helps, but payb.tc decided not to do anything. Of course it can be discussed if that would have had any success, but that's a moot point since the chance has been ignored. Call me ignorant, but I think that PPT operators do have a certain responsibility for the funds given to them, even if they want to rely on some TOS allowing them to just shrug and move on. Right now we have the Team Ponzi who dances around its "told ya" bonfire and a ton of investors who are left in the rain.

Is this the image the community wants to show to the world? That it concentrates on internal mudslinging while letting scammers walk away whistling?

Almost every time you read about Bitcoin on the bigger news sites, it's about scams, hacks and frauds. How many of those cases landed in front of a court? How many times was even just an attempt made to get it there? You read all the time about how people will get their lawyers involved, but it never seems to happen. You just read that another hack happened; but you never read that any of those behind it has to go to jail.

What did I do? I've been introducing Bitcoin to all my friends in the past months, told them about the benefits and possibilities. Now the recent news are about a scammer who ran off with $5mil and a hacker who stole $250k. Expected legal results? None. That doesn't make it easier to convince people, you know?

[MelMan2002]

Maybe pirate was just running a pass-through for Zeek Rewards.  The timing is certainly suspect:

• Jan 2011 Zeek Rewards opens, paying out 1.5% daily (established long before pirate setup shop)
• Aug 17th 2012 SEC files complaint and Zeek Rewards subsequently shuts down it's website

1.5% daily is enough cream on the top to accommodate for small changes in bitcoin price.
Perhaps pirate's request for PPT operators was more to get a count of how many were affected (for the SEC?).


I really don't know but I just heard about Zeek Rewards and I'm rather surprised that nobody else on the forums seem to have tried to link pirate with it yet.

[zyk]

So what is the status quo?

How are the PPT operators working together?
What is being done to find Pirate?
What legal actions have been started?

What have *you* done?  Or are you waiting for someone else to do it for you?

Ok, here is in all humility, what Zyk proposes in as much plain zykloogish as he can provide :

1.  Bitcoinmax opens again and fesses up to it being an endeavour with fraudelent Terms of Service in the past.

2.  OP provides responsibility for lost principal and instead of being charnged himself, is being worshipped and hailed, as the ToS are changed to :
  
     All interest accrued on investors accounts during the term of  BCST operation can´t be passed through, as BCST never earned them.
  
     Accrued interest is subtracted from the balance of each account and put in an escrow account seperated from OP.s privat wallets.

3.  Escrow is transparently counted and starts to to pay back principal of each account up to 51 % of the (interest subtracted) balance.

4.  Those accounts with still a remaining negative balance (Erebus f.ex.) are reminded that bitcoinworld and bitcoinmax is going to serve a higher ground

     and needs everybody and their funds to put up a new virtual world central bank. ( negative balances are kindly asked to be leveled!!)

5.  As such i personally believe there are some funds left in escrow which will be spend on the witch hunt of pirate and other PPT´s, in so far as they stick to

     being ineligible for the to be recovered coins  and are made available to f.ex. sadpandatech or some kind to be arranged professional search and prosecution.
    
6.  Those funds are to be completed by all other PPT´s and individual accountholders funds invested in BCST which don´t want to stay in the rain, if and when

    pirate is tracked down and put back as a lost son in our arms, having distributed his remaining loot the way discribed above.


No. 7 to 12. are in the making and are subjected to change, as some unignorant input is given by you !!


Cheers Zyk


        

[drakahn]

Cheers Zyk

This is still the only part of your posts that anyone can understand.

Please do not post in English any more, The language does not deserve such abuse.

[zyk]

Cheers Zyk

This is still the only part of your posts that anyone can understand.

Please do not post in English any more, The language does not deserve such abuse.

Obviously you don´ t need to understand it....just correct grammar, typos, tense and interpunctation please

and tell me for which word you need a dictionary   happy to translate it for ya or just press ignore

Cheers Zyk

[ThiagoCMC]

The interest rate stops counting at bitcoinmax.com ?

[BinaryMage]

The interest rate stops counting at bitcoinmax.com ?

I think payb.tc turned off the payment script, yeah. No reason to keep it running; it wouldn't change the proportionality.

[ErebusBat]

This just happened in #btcst

[21:00:43] <Tittiez> ;;calc piratemoney - repayments
[21:00:44] <@gribble> Error: 'piratemoney' is not a defined function.

Looks like pirate money is undefined.

[sadpandatech]

Maybe pirate was just running a pass-through for Zeek Rewards.  The timing is certainly suspect:

• Jan 2011 Zeek Rewards opens, paying out 1.5% daily (established long before pirate setup shop)
• Aug 17th 2012 SEC files complaint and Zeek Rewards subsequently shuts down it's website

1.5% daily is enough cream on the top to accommodate for small changes in bitcoin price.
Perhaps pirate's request for PPT operators was more to get a count of how many were affected (for the SEC?).


I really don't know but I just heard about Zeek Rewards and I'm rather surprised that nobody else on the forums seem to have tried to link pirate with it yet.

strange you bring up Zeek Rewards.

Pirate(Trendon)'s wife's Twitter had very very little on it, like maybe 20 posts for the 2 years it was up. A few of them were links to Zeek Rewards.....  I got it saved, lemme go peak now. I did tihnk of it before but thought it had collapsed a while back.

edit; grrr, it was not directly on her tweets. will have to research again. it musta been in her following junk or some shiz...

edit; any of you stalkers happen to grab a snapshot of her favorites or following?

[zyk]

The interest rate stops counting at bitcoinmax.com ?

May we see some (admittedly rather small ) steps  in the right directions already, even without comments?

Erebus undefining stolen funds, Sadpandatech going for it in earnst and even Mr. Joel Katz

citing Madoff as a precedent ?:

Madoff would be an example.

http://money.cnn.com/2010/12/09/news/companies/madoff_feeder_funds/index.htm?iid=EL

Hasn´t been this ignorant lately, hein?   Of course CNN is not the Wall Street Journal.

Its a happy day

Cheers Zyk

[hgmichna]

Right now we have the Team Ponzi who dances around its "told ya" bonfire …

Only in your sick imagination. Even now you cannot stop trying to throw dirt at those who tried in vain to help you.

Nobody is dancing.

[drakahn]

Right now we have the Team Ponzi who dances around its "told ya" bonfire …

Only in your sick imagination. Even now you cannot stop trying to throw dirt at those who tried in vain to help you.

Nobody is dancing.

You continue to post, why?
It can't be that you are "warning" people...

[hgmichna]

Right now we have the Team Ponzi who dances around its "told ya" bonfire …

Only in your sick imagination. Even now you cannot stop trying to throw dirt at those who tried in vain to help you.

Nobody is dancing.

You continue to post, why?
It can't be that you are "warning" people...

I don't understand your question. What do you mean by "warning"?

If somebody needs to be set straight, I sometimes do that. The message you replied to is an example.

[DutchBrat]

Hmmmm, so we have

Zeek

and we have

Zyk

Too much of a coincidence if you ask me 

[zyk]

Right now we have the Team Ponzi who dances around its "told ya" bonfire …

Only in your sick imagination. Even now you cannot stop trying to throw dirt at those who tried in vain to help you.

Nobody is dancing.

You continue to post, why?
It can't be that you are "warning" people...

Of course people somtimes  need to be made aware of things, even if its dancing with the secret service.

You really are  making it patently clear, that you prefer ostrich - strategies

Cheers