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Author Topic: Look at a pirate, eye to eye if you dare.  (Read 57060 times)
imsaguy
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July 29, 2012, 08:44:52 PM
 #141

Just because I'm affiliated with a PPT doesn't mean I know for certain Pirate is or isn't legit.  All it means is I got in before everyone else and have had access to rates that people that got in later didn't have access to.  Your logic skills sux0rz.

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?

This thread is becoming priceless.

No turd, its because I had enough to qualify for the 7% and many other people don't have anythat many btc.

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July 29, 2012, 08:45:39 PM
 #142

Just because I'm affiliated with a PPT doesn't mean I know for certain Pirate is or isn't legit.  All it means is I got in before everyone else and have had access to rates that people that got in later didn't have access to.  Your logic skills sux0rz.

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?

This thread is becoming priceless.

No turd, its because I had enough to qualify for the 7% and many other people don't have any many btc.

Goes to show how badly statements can be misinterpreted once you've made up your mind like Vandroiy has.

(BFL)^2 < 0
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July 29, 2012, 08:47:33 PM
 #143

Just because I'm affiliated with a PPT doesn't mean I know for certain Pirate is or isn't legit.  All it means is I got in before everyone else and have had access to rates that people that got in later didn't have access to.  Your logic skills sux0rz.

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?

This thread is becoming priceless.

It's like saying "I am getting money from that unknown guy and I help to promote his ponzi, but I am not guilty on charges of fraud because I do not even know him and not affiliated with him". Nice try.

Get damn legal advise already and I promise you the first thing that will be advised to you is to shut up.

P.S. It is not my mission to please every idiot on the planet. Just saying as it is whether you like it or not.

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July 29, 2012, 08:49:13 PM
 #144


- PatrickHarnett (runs PiratePassThrough Bond or is affiliated with one)


Proudly offering one of the worst pass-though schemes via Starfish - i.e. use someone else.
Shareholder in the original PPT.x GLBSE based rotating bond program.

And I chose not to fly 20-ish hours to Vegas in economy - my commitments to my day job kept me in NZ.
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July 29, 2012, 08:50:30 PM
 #145

P.S. It is not my mission to please every idiot on the planet. Just saying as it is whether you like it or not.



LOL. Just saying it is as it is?  Where's your documented proof its a ponzi again?  Oh right, a couple of hunches.  Oops, wrong V-.

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July 29, 2012, 08:50:40 PM
 #146

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?
Seriously, stop trying to see things that aren't there. You're just making everyone who's concerned about Pirate look foolish.

And Vladimir used to be so level headed.  This sure has got his panties in a bunch.
He is level headed. You should stop and think about how all of this appears to people on the outside that aren't blinded by Pirate Greed.

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July 29, 2012, 08:52:42 PM
 #147

And Vladimir used to be so level headed.  This sure has got his panties in a bunch.

Since when? Don't you remember him ranting off and posting he was never going to post here again. I refuse to unignore him to see what he said but it must have been good. LOL

Since long ago, before the pirate FUD storm started.

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July 29, 2012, 09:03:32 PM
 #148

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?
Seriously, stop trying to see things that aren't there. You're just making everyone who's concerned about Pirate look foolish.
Yup.

Quote
And Vladimir used to be so level headed.  This sure has got his panties in a bunch.
He is level headed. You should stop and think about how all of this appears to people on the outside that aren't blinded by Pirate Greed.

Looks mostly the same as it did when I first invested many months ago.  Now the interest rates are lower, payouts are less often, and it's still a great return.  Nobody expects this to last forever and pirateat40 has demonstrated several times he will adjust his interest rate down as his profit margins are squeezed by competition.  I have had several private conversations with pirate and I am fairly confident of at least two legitimate revenue streams he has, and I suspect two others.  None are illegal as far as I know, and despite weeks of screaming, nobody has been able to provide one scrap of evidence to the contrary.  I will not provide more information about what I believe he is doing other than the obvious (gpumax) because competition will reduce his profits and thus my payouts.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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imsaguy
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July 29, 2012, 09:05:20 PM
 #149

Looks mostly the same as it did when I first invested many months ago.  Now the interest rates are lower, payouts are less often, and it's still a great return.  Nobody expects this to last forever and pirateat40 has demonstrated several times he will adjust his interest rate down as his profit margins are squeezed by competition.  I have had several private conversations with pirate and I am fairly confident of at least two legitimate revenue streams he has, and I suspect two others.  None are illegal as far as I know, and despite weeks of screaming, nobody has been able to provide one scrap of evidence to the contrary.  I will not provide more information about what I believe he is doing other than the obvious (gpumax) because competition will reduce his profits and thus my payouts.

I guess that means you've been paid off Roll Eyes

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July 29, 2012, 09:15:07 PM
 #150

This is getting boring with people posting cryptic messages and continuing with "funny" (maybe it is funny to some people?) posts but not even a single picture or a PGP signed message "I met with pirateat40 face to face in Vegas" yet.

Playing it cool might be nice for some high schoolers, but this is something that not a lot of people can afford (going to Vegas on a certain date and time) and the ones there don't seem to be helpful at all. On one hand very often I read that it's oh-so-important to be serious and take care how your online persona is received, on the other hand I only need to take a look at this thread to see less than a handful of people whom I would trust to give my money. After 9(!) pages!

Seriously, if this is the fabulous "Bitcoin community", I'm happy that I managed so far to convince a lot of people to stay away and wait it out until some real stuff emerges from there.

About pirate's business: At least a very large piece of it should be documented forever in the block chain anyways, so just start writing analysis programs and scrapers instead of again warning everyone that 7% a week is just not sustainable.

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July 29, 2012, 09:41:43 PM
 #151

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?
Seriously, stop trying to see things that aren't there. You're just making everyone who's concerned about Pirate look foolish.
Yup.

Quote
And Vladimir used to be so level headed.  This sure has got his panties in a bunch.
He is level headed. You should stop and think about how all of this appears to people on the outside that aren't blinded by Pirate Greed.

Looks mostly the same as it did when I first invested many months ago.  Now the interest rates are lower, payouts are less often, and it's still a great return.  Nobody expects this to last forever and pirateat40 has demonstrated several times he will adjust his interest rate down as his profit margins are squeezed by competition.  I have had several private conversations with pirate and I am fairly confident of at least two legitimate revenue streams he has, and I suspect two others.  None are illegal as far as I know, and despite weeks of screaming, nobody has been able to provide one scrap of evidence to the contrary.  I will not provide more information about what I believe he is doing other than the obvious (gpumax) because competition will reduce his profits and thus my payouts.

Hey everyone knows I trust the business enough to have invested. However, please stop saying Pirate is reducing interest rates when he clearly isn't (he still offers the same percentages to trust accounts, which means in the end the majority of the market will invest through these, causing Pirate to pay the same rates as he did before) it makes you look like you're covering something up ....

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July 29, 2012, 10:08:43 PM
 #152

Notice how, in the original post, pirate said "Contact me for details if you're interested". So unless anyone contacted him for details, they're not going to meet him, and pirate can claim to have fulfilled his part of this trollpromise.

Nor did pirate say that he was attending DefCon, he just said he was going to Vegas. For all we know, he may be putting all the BS&T funds on red at the roulette table in a desperate attempt to keep his scheme afloat.

In that case, pirate may be lucky and can prolong his scheme long enough to win his bet with vandroiy.

Or, if pirate loses at the roulette table, he may default on the coming interest payment. The terms of his bet with vandroiy allow for a two-week delay after a missed payment. So by 14 August, the gig is up. Just like pirate already hinted.

(I'm not invested with pirate; I'm just here to enjoy the show)
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July 29, 2012, 10:28:52 PM
 #153

Seriously, stop trying to see things that aren't there. You're just making everyone who's concerned about Pirate look foolish.

Okay. I made the error of overlooking that "being in early" means controlling a much larger amount of money, thus increasing the rate. You're making it sound as if it's okay to just accept that. "Well, there's a money source, so I'm taking some. No, I don't know what it is, but I tell people to stop their stupid FUD about it while it's still flowing."

The point I was trying to make is not how this works exactly. It's the combination of supporting something and profiting from it. If it is foolish to demand that people retain some ethics, then name me a fool.

And I'm not concerned about Pirate here. He is the trigger, not the cause of the problem.



I guess I'm a fool to care. Let's get back on topic and figure out whether Pirate appeared in Las Vegas. Is anyone other than Gigavps confirming his presence, in posts that haven't vanished yet?
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July 29, 2012, 10:39:37 PM
 #154

And Vladimir used to be so level headed.  This sure has got his panties in a bunch.

He's not the only one that's started living full time in BTC Fantasy Land.

You can tell which ones have gone off the deep end easily.  They're the ones who actually believe that the Police Cops are going to ring up Interpol's cybercrime unit for the sake of tracking down their stolen/scammed BTC.

As if any law enforcement agency in the world has a Cryptocoin Recovery Division, or cares in the least about their Magic Internet Money.

They've completely lost it ('it' being contact with consensus reality).   Roll Eyes

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Fungibility provides privacy as a side effect.  Adam Back 2014
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I'm not against people making money, but can't support questionable origins."
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July 29, 2012, 10:49:05 PM
 #155

And Vladimir used to be so level headed.  This sure has got his panties in a bunch.

He's not the only one that's started living full time in BTC Fantasy Land.

You can tell which ones have gone off the deep end easily.  They're the ones who actually believe that the Police Cops are going to ring up Interpol's cybercrime unit for the sake of tracking down their stolen/scammed BTC.

As if any law enforcement agency in the world has a Cryptocoin Recovery Division, or cares in the least about their Magic Internet Money.

They've completely lost it ('it' being contact with consensus reality).   Roll Eyes
Oh really? http://www.talentzoo.com/digital-pivot/blog_news.php?articleID=6221

Quote
The argument for punishment is that many of these games take years to master to the point where the online character begins to effectively navigate through the virtual world. The players invest their time, effort, and money into building their online personages, so many courts are looking at the thefts in much the same way they would look at the theft of any other valuable possession. In 2008, a group of boys in the Netherlands attacked and threatened a RuneScape player, so that he would turn over a chain and amulet. The Dutch court set a precedent in the case, stating that virtual goods are the same as real goods, and the boys were convicted of theft.

In general, courts globally seem to be treating virtual crime just as they would any real-world crime: If a person is found guilty of stealing, killing, ruining, or otherwise destroying an online-gaming experience for a person or group of persons, the penalties enacted will be similar to punishment of real-world crime, with noted exceptions. For example, killing an avatar will not be met with a life sentence in prison. However, the monetary loss sustained by the player will be comparable to real-world money loss, and criminals will end up with fines, probation, or even jail.

The lesson here: If you can't to the time, then don't commit cyber-crime.

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July 29, 2012, 10:50:19 PM
 #156

Oh really? http://www.talentzoo.com/digital-pivot/blog_news.php?articleID=6221

Quote
The argument for punishment is that many of these games take years to master to the point where the online character begins to effectively navigate through the virtual world. The players invest their time, effort, and money into building their online personages, so many courts are looking at the thefts in much the same way they would look at the theft of any other valuable possession. In 2008, a group of boys in the Netherlands attacked and threatened a RuneScape player, so that he would turn over a chain and amulet. The Dutch court set a precedent in the case, stating that virtual goods are the same as real goods, and the boys were convicted of theft.

In general, courts globally seem to be treating virtual crime just as they would any real-world crime: If a person is found guilty of stealing, killing, ruining, or otherwise destroying an online-gaming experience for a person or group of persons, the penalties enacted will be similar to punishment of real-world crime, with noted exceptions. For example, killing an avatar will not be met with a life sentence in prison. However, the monetary loss sustained by the player will be comparable to real-world money loss, and criminals will end up with fines, probation, or even jail.

The lesson here: If you can't to the time, then don't commit cyber-crime.

Now you need to quote the US Case Law.

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EIEIO:
https://bitcointalk.org/index.php?topic=60117.0

Shades Minoco Collection Thread: https://bitcointalk.org/index.php?topic=65989
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July 29, 2012, 10:52:57 PM
 #157

Now you need to quote the US Case Law.
That was the first handy link, I don't have time to chase down all the others.

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July 29, 2012, 10:57:10 PM
 #158

LOL did imsaguy just admit he was being paid extra, and had no knowledge of BS&T legitimacy? Do any of you remember just who was extremely intent on defending BS&T in the flamewar?
Seriously, stop trying to see things that aren't there. You're just making everyone who's concerned about Pirate look foolish.
Yup.

Quote
And Vladimir used to be so level headed.  This sure has got his panties in a bunch.
He is level headed. You should stop and think about how all of this appears to people on the outside that aren't blinded by Pirate Greed.

Looks mostly the same as it did when I first invested many months ago.  Now the interest rates are lower, payouts are less often, and it's still a great return.  Nobody expects this to last forever and pirateat40 has demonstrated several times he will adjust his interest rate down as his profit margins are squeezed by competition.  I have had several private conversations with pirate and I am fairly confident of at least two legitimate revenue streams he has, and I suspect two others.  None are illegal as far as I know, and despite weeks of screaming, nobody has been able to provide one scrap of evidence to the contrary.  I will not provide more information about what I believe he is doing other than the obvious (gpumax) because competition will reduce his profits and thus my payouts.

Hey everyone knows I trust the business enough to have invested. However, please stop saying Pirate is reducing interest rates when he clearly isn't (he still offers the same percentages to trust accounts, which means in the end the majority of the market will invest through these, causing Pirate to pay the same rates as he did before) it makes you look like you're covering something up ....

I'm not in the top tier, but I prefer to deal with pirate directly.  Using "the market" adds additional risk.  Pirate's stated average interest is far below top tier.

https://www.bitcoin.org/bitcoin.pdf
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July 29, 2012, 11:08:41 PM
 #159

Okay, then I just have to say I severely doubt that is where the market will find an equilibrium. I will confide that markets are known to do crazy things so me being wrong has a non-zero chance.

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July 29, 2012, 11:28:30 PM
 #160


Oh really? http://www.talentzoo.com/digital-pivot/blog_news.php?articleID=6221

Quote
In general, courts globally seem to be treating virtual crime just as they would any real-world crime: If a person is found guilty of stealing, killing, ruining, or otherwise destroying an online-gaming experience for a person or group of persons, the penalties enacted will be similar to punishment of real-world crime, with noted exceptions. For example, killing an avatar will not be met with a life sentence in prison. However, the monetary loss sustained by the player will be comparable to real-world money loss, and criminals will end up with fines, probation, or even jail.

Hedge #1 "In general"
Hedge #2 "seem to be"

Two hedges for one sentence = weak sauce.

Then there's the part you didn't quote:

Quote
"Complaints about people’s identities and possessions being stolen within a game have been made before," said Rob Fahey, games analyst and former editor of gamesindustry.biz. "But because it exists only in a virtual world it is hard to say whether they are of any real value in the real world.

The resale of characters and their possessions is often against the rules set down by the makers of the games, but there are no criminal laws banning it.

tl;dr
U FAIL

The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy.  David Chaum 1996
Fungibility provides privacy as a side effect.  Adam Back 2014
"Monero" : { Private - Auditable - 100% Fungible - Flexible Blocksize - Wild & Free® - Intro - Wallets - Podcats - Roadmap - Dice - Blackjack - Github - Android }


Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016
Blocks must necessarily be full for the Bitcoin network to be able to pay for its own security.  davout 2015
Blocksize is an intentionally limited resource, like the 21e6 BTC limit.  Changing it degrades the surrounding economics, creating negative incentives.  Jeff Garzik 2013


"I believed @Dashpay instamine was a bug & not a feature but then read: https://bitcointalk.org/index.php?topic=421615.msg13017231#msg13017231
I'm not against people making money, but can't support questionable origins."
https://twitter.com/Tone_LLT/status/717822927908024320


The raison d'être of bitcoin is trustlessness. - Eric Lombrozo 2015
It is an Engineering Requirement that Bitcoin be “Above the Law”  Paul Sztorc 2015
Resiliency, not efficiency, is the paramount goal of decentralized, non-state sanctioned currency -Jon Matonis 2015

Bitcoin is intentionally designed to be ungovernable and governance-free.  luke-jr 2016

Technology tends to move in the direction of making surveillance easier, and the ability of computers to track us doubles every eighteen months. - Phil Zimmerman 2013

The only way to make software secure, reliable, and fast is to make it small. Fight Features. - Andy Tanenbaum 2004

"Hard forks cannot be co
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