BS&T -- Are you staying or leaving?

[GeoRW]

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 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.

[1714166241]

1714166241

[PatrickHarnett]

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!

[Sukrim]

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.

[hgmichna]

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.

[hgmichna]

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.

[bitclown]

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]

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.

Someone already did 

[GeoRW]

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.

[R-]

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]

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

[hazek]

Approaches to business can change over time

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

[pirateat40]

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]

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

[hazek]

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?

[copumpkin]

Approaches to business can change over time

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

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.

[R-]

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]

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]

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"?

[Tomatocage]

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.

[Tomatocage]

@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.