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Question: BS&T -- Are you staying or leaving?
I'm using a passthrough(s) and will continue to do so
I will make or already have an account which I will keep
I will have a Trust account
I am currently using a passthrough and will be withdrawing all funds from it
I currently have an account and will be withdrawing all funds from it
I am currently using a passthrough and will be withdrawing some funds from it
I currently have an account and will be withdrawing some funds from it
What kind of idiot would trust their money with that guy?
Idk show me what others said.

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: BS&T -- Are you staying or leaving?  (Read 23432 times)
GeoRW
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July 05, 2012, 07:03:29 AM
 #201

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. The only risk is when the bitcoin price goes up steeply, he runs out of bitcoins and BTC price continues to climb, so he's unable to make profit in BTC and pay his lenders. Front running is common practice at bitcoin exchanges, with large order you will never get market price, they will take their share of profit Wink He may even operate on many different smaller exchanges and take advantage of the information he has to increase his profits and lower the risks. So, does this theory fit? Pirate, the big market manipulator. The more bitcoins we give him, the more power he has to screw the market participants. Cool
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PatrickHarnett
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July 05, 2012, 07:27:52 AM
 #202

Well, I'm staying.  Staying in a 5-star hotel with wife for drinks and a decent meal and breakfast on Saturday morning.  I know exactly who's paying - Thanks P@40!
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July 05, 2012, 08:44:33 AM
 #203

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable.

Well, trace the coins from deposit addresses to MtGox and/or other exchanges then, if you can. Wink

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July 05, 2012, 08:51:22 AM
 #204

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.
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July 05, 2012, 08:57:41 AM
 #205

Well, I'm staying.  Staying in a 5-star hotel with wife for drinks and a decent meal and breakfast on Saturday morning.  I know exactly who's paying - Thanks P@40!

So you withdrew your capital gains? Lucky you—you are one of the few who got their money back.
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July 05, 2012, 11:15:10 AM
 #206

Exactly.  All you whingers who don't want to invest.  Don't.

It's really as simple as that.

I for one don't have anything against greedy suckers losing their money per se. It's the constant stream of bad Bitcoin publicity caused by these careless idiots that I despise. Can't you just use one of those pointless altcoins for these schemes instead?
GeoRW
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July 05, 2012, 01:10:19 PM
 #207

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable.

Well, trace the coins from deposit addresses to MtGox and/or other exchanges then, if you can. Wink

Someone already did  Wink
GeoRW
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July 05, 2012, 01:16:57 PM
 #208

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.
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July 05, 2012, 01:32:33 PM
 #209

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.

It doesn't make sense. How was he able to manipulate the market rates at the beginning, before he found investors? He offered 7% right from the get-go. Gox volume per day is 45,680 bitcoins roughly. Pirate did not have anywhere close to that amount invested in his Pirate-Pussy-Fund.
copumpkin
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July 05, 2012, 02:34:25 PM
 #210

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.

It doesn't make sense. How was he able to manipulate the market rates at the beginning, before he found investors? He offered 7% right from the get-go. Gox volume per day is 45,680 bitcoins roughly. Pirate did not have anywhere close to that amount invested in his Pirate-Pussy-Fund.

Approaches to business can change over time Smiley
hazek
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July 05, 2012, 02:41:54 PM
 #211

Approaches to business can change over time Smiley

That's the best you can think off as a response to this huge huge discrepancy in pirate's story?  Roll Eyes

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If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
pirateat40
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July 05, 2012, 02:50:33 PM
 #212

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.

It doesn't make sense. How was he able to manipulate the market rates at the beginning, before he found investors? He offered 7% right from the get-go. Gox volume per day is 45,680 bitcoins roughly. Pirate did not have anywhere close to that amount invested in his Pirate-Pussy-Fund.

Like this




ineededausername
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July 05, 2012, 03:14:04 PM
 #213

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.

It doesn't make sense. How was he able to manipulate the market rates at the beginning, before he found investors? He offered 7% right from the get-go. Gox volume per day is 45,680 bitcoins roughly. Pirate did not have anywhere close to that amount invested in his Pirate-Pussy-Fund.

Like this





O.o

(BFL)^2 < 0
hazek
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July 05, 2012, 03:17:19 PM
 #214

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often and not on such scale as pirate does with his business (whatever it is). And yes I think he might have his stakes in Mt. Gox or in some other big exchange.

It doesn't make sense. How was he able to manipulate the market rates at the beginning, before he found investors? He offered 7% right from the get-go. Gox volume per day is 45,680 bitcoins roughly. Pirate did not have anywhere close to that amount invested in his Pirate-Pussy-Fund.

Like this





You started out with 36k BTC? I don't think you understood R-'s point. Also, how come you weren't hit with huge problem with the Bitcoinca fiasco which should have froze your money in their wallet?

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

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copumpkin
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July 05, 2012, 03:18:41 PM
 #215

Approaches to business can change over time Smiley

That's the best you can think off as a response to this huge huge discrepancy in pirate's story?  Roll Eyes

Huge discrepancy meaning that he changed how he does what he does over time? Yeah, that's a huge red flag. Nokia is a massive Ponzi scheme.
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July 05, 2012, 03:27:35 PM
 #216

Like this
Like what? You show us the current account of coins you have. What about before you accumulated 30,000? Answer the original question please.

Thank you
Soros Shorts
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July 05, 2012, 03:32:42 PM
 #217

Like this
Like what? You show us the current account of coins you have. What about before you accumulated 30,000? Answer the original question please.

Thank you
I thought that he did answer your question - he used leverage in the early days.
hazek
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July 05, 2012, 03:41:55 PM
 #218

Like this
Like what? You show us the current account of coins you have. What about before you accumulated 30,000? Answer the original question please.

Thank you
I thought that he did answer your question - he used leverage in the early days.

Leveraging what? He didn't have anything in the beginning, why else would he need "investors"?

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
Tomatocage
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July 05, 2012, 03:55:56 PM
 #219

Like this
Like what? You show us the current account of coins you have. What about before you accumulated 30,000? Answer the original question please.

Thank you
I thought that he did answer your question - he used leverage in the early days.

Leveraging what? He didn't have anything in the beginning, why else would he need "investors"?

I think he was referring to Bitcoinica leveraging.

Edit: Nvm, I misinterpreted your post.

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July 05, 2012, 03:59:12 PM
 #220

@Pirate: Sooner or later you're going to have to disclose your business model to quell the doubters.  Otherwise you're going to be losing more business to people pulling out than you would to other competitors adopting your same strategy.  Or, having 50% of your niche market is better than having 100% of nothing.

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