BS&T -- Are you staying or leaving?

[S. Omega]

So I decided to pitch in with a view based on cold facts and logic. Then half way through writing the wall of text, explaining the various aspects and importance of:

• Information Security (information is potential power, power is subject to greed, greed is bad etc.)
• Sensible investing (meaning financial power you can spare without endangering the sustenance of your lifestyle)
• Risk Management (quite a few concerns here aren't necessarily a risk, they're more the fear(s) of an individual, one should not assess his/her risk based on speculation or the "what ifs")

, I decided (this sentence isn't very fluent) not to waste too much forum space. Those that are a bit sharper will maintain composure and those that aren't...will keep whining struggling.

I do hope that the most "vocal" will be put in their place, for those familiar with MMA;
http://oi48.tinypic.com/28i6s2g.jpg

To the OP's original question; as a "vote of confidence" I've just deposited a "sizeable" amount with pirate's BTCST. Not necessarily because I "trust", but because I am willing and able to do so. If things pan out nicely, I'll be happy. If things go awry, I'll not be so happy...for a few hours, then I'll move on to something else.

S. Omega

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[pirateat40]

@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.

I have no doubt in what my business is and not a single worry about what the future holds.  Those that doubt what I do couldn't scratch the surface of my operation.     

[R-]

I have no doubt in what my business is and not a single worry about what the future holds.  Those that doubt what I do couldn't scratch the surface of my operation.    

The only scratching taking place is your support investors scratching your sweaty ballsack whenever you ask them to. Seriously though. Seriously.

[bitcoinBull]

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?

That's 3.6k BTC leveraged 10:1 (5k btc / $30k deposited to account for the tradable balance). Or 7.2k BTC leveraged 5:1 (10k btc / $60k deposited). In mid-feb, before bitcoinica added the swap fee. Nice trade!

[hgmichna]

I can do several percent per week on trading at Mt. Gox + some other exchanges, though not very often ...

What does that mean? On average you are not even making 10% a year.

You may have been able to achieve such gains in the beginning, with luck. But now you can't, not on any longer-term average.

[Vladimir]

All the people here, "I am making 1% per day", "I am making 5% per day". FFS do you think we are all idiots here? Nobody care who made how many percent per day. The only thing that counts is how much one can make sustainably.

Chances are all these geniuses make 5% one day just to lose 10% another and be completely wiped out on a margin call the third day.

If you can make 10% per year consistently on a decent volume then you should be already in the list of top 100  hedge fund managers in the world and command salary measured in tens of millions dollars per year. Do you want us to believe that we have on this very board such a collection of stars whose reasonable annual salary well surpasses whole damn Bitcoin's market cap. Yea right.

What a kindergarden.

[rjk]

I'll tell you one thing for sure, and that is that all the noisy assholes that have been bashing pirate have been pushing me closer to investing, just out of spite for their windy and non-logical posts. I'm sure I'm not the only one that's feeling this way, so be careful that you don't overdo it and get the opposite effect to what you are are trying to achieve, capisce?

[Vladimir]

Well if you put if you put it this way, then you just go ahead and do it. Evolution will take care of the rest. I am not going to try to stop ya,

[hgmichna]

I'll tell you one thing for sure, and that is that all the noisy assholes that have been bashing pirate have been pushing me closer to investing, just out of spite for their windy and non-logical posts. I'm sure I'm not the only one that's feeling this way, so be careful that you don't overdo it and get the opposite effect to what you are are trying to achieve, capisce?

Reading your message, I really think you should invest all your bitcoins in the pirate fund. As clever as you are, you probably own a fair amount.

Just imagine, on 7% they will double in a little over 10 weeks. Wouldn't that be wonderful? In a few years you could be a millionaire. You wouldn't have to work any more. Another year, and you could buy a big yacht and a business jet. Go for it!

[lomax]

Well if you put if you put it this way, then you just go ahead and do it. Evolution will take of the rest. I am not going to try to stop ya,

Then GTFO this thread idiot.

[herzmeister]

In a few years you could be a millionaire. You wouldn't have to work any more. Another year, and you could buy a big yacht and a business jet. Go for it!

I thought we don't need pirate for that? 

[Vladimir]

Well if you put if you put it this way, then you just go ahead and do it. Evolution will take of the rest. I am not going to try to stop ya,

Then GTFO this thread idiot.

Another one with impeccable logic and high value post. What a kindergarden. It seems you guys are suckers for reverse psychology.

Specifically for you here is a recipe for success: take all your money, delay paying your bills, borrow from mom and pop, get cash advances on your credit cards (if they give those these days to  17 year olds)  then go and invest it all into pirates business which is obviously by 2-3 orders of magnitude more profitable than any other company out there. In just 2-3 years you will have 22 millions of bitcoins. Sounds as a good plan.

Goodbye for now. Off to ignore you go.

[R-]

In a few years you could be a millionaire. You wouldn't have to work any more. Another year, and you could buy a big yacht and a business jet. Go for it!

I thought we don't need pirate for that? 

OFC not, this is Bitcoin. Anyone using Bitcoin makes at LEAST a 3300% return each year.

[ninjarobot]

Haven't followed the entire thread but a 3300% ROI per year from some guy named pirate? Sounds legit to me! Where do I sign up?

pirating
present participle of pi·rate (Verb)
Verb: Rob or plunder (a ship).

Welcome to bitcoinland kiddo! I've got a bridge to sell you.

[Vladimir]

All those suckers using Bitcoin are going to be a laughing stock of the internet over this before long.

[sadpandatech]

leaving?

I'm doubling down!

[rjk]

Like a boss, brosef.

[lomax]

All those suckers using Bitcoin are going to be a laughing stock of the internet over this before long.

Unbelievable arrogance, even for vlad.

Why is this guy, the single biggest detractor of bitcoin, tolerated here?

[sadpandatech]

All those suckers using Bitcoin are going to be a laughing stock of the internet over this before long.

Unbelievable arrogance, even for vlad.

Why is this guy, the single biggest detractor of bitcoin, tolerated here?

Because just like you or me, he is another person who chooses to be here in this community.

I don't think he is so much a Bitcoin detractor as he is a detractor of certain aspects of Bitcoin users.

[lomax]

He's clearly anti-bitcoin, as anyone that has seen the cover of bitcoin magazine can attest.