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Author Topic: Bryan Micon's List of BTC Ponzi Schemes that should not be listed as "Lending"  (Read 108101 times)
Bjork
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September 10, 2012, 09:01:18 PM
 #1221

If anyone thinks Patrick will default on his obligations and wants to draw up a reasonable contract / find escrow, I'd be willing to throw down ~100 btc or so that says he won't.  To clarify, I do think he will pay back his obligations in full.

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September 10, 2012, 09:04:23 PM
 #1222

What indications of this do you have? I have been traveling and it has been impossible to keep up with everything.

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September 10, 2012, 09:14:57 PM
 #1223

What indications of this do you have? I have been traveling and it has been impossible to keep up with everything.

Me?

Well Patrick's withdrawals are delayed / not going through now.

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September 10, 2012, 09:16:02 PM
 #1224

Oh lol I read that as Pirate, I thought you were copying Matthews thread Cheesy

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September 10, 2012, 09:18:30 PM
 #1225

Oh lol I read that as Pirate, I thought you were copying Matthews thread Cheesy

haha Grin

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September 11, 2012, 09:22:58 PM
 #1226

So which part did you think wasn't exactly accurate? Read over what I said very carefully. I think you were thinking I said something I actually didn't say. For example, purporting to tell investors where their money is going is perfectly consistent with not giving investors any way to know where their money is going.

Sorry, didn't notice this. The Perma-Pave scammers actually gave enough specific information about where investors' money was going that one of their bigger investors managed to prove that the supposed orders their investments were meant to provide funds to help fulfil didn't actually exist, they just relied on investors not investigating that deeply. I believe they even named specific companies that they purported to have placed the orders and those companies had never heard of Perma-Pave.

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September 18, 2012, 07:40:31 AM
 #1227

As wachtwoord said, an Islamic bank can't invest in a business if it doesn't know what it does with the money. This actually saved the Islamic banks from the last couple crises.

true

It would have saved many bitcoiners as well. Wink
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September 22, 2012, 03:02:09 PM
 #1228

IBB is still here Smiley Interest free banking in YOUR Interest

Damn, I should have taken that bet... I'd still have 5 days left in my original 8-week bet proposal.  Heh.

I just wasn't sure who'd stick around when the big one went bust. We've seen that a lot of "trustworthy" borrowers aren't able to pay back. I guess you're a cut above, senbonzakura, and I would use you to escrow if I could do it again.

Made some pocket change on Betsofbitcoin though, both the year-end and the end-of-September bet.
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September 22, 2012, 04:53:38 PM
 #1229

I thought you stopped responding then because you chickened out. Not trusting Shenbon as escrow was an obvious mistake, as was not trusting Patrick as escrow.

I still believe the bet was good at the time I offered it.

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September 22, 2012, 08:27:10 PM
 #1230

I thought you stopped responding then because you chickened out. Not trusting Shenbon as escrow was an obvious mistake, as was not trusting Patrick as escrow.

I still believe the bet was good at the time I offered it.

I'm not so sure about Patrick... he seems to have some unfunded liabilities due to the post-Pirate credit market. http://betsofbitco.in/item?id=696

If you still believe it was a good bet, we'll have to bet via Shenbon when the next Ponzi scheme shows an obvious lag in enthusiasm.
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September 28, 2012, 09:50:56 PM
 #1231

I am a 33 year old poker player. 

I have been scammed and know how to spot scams. 

I know most of you BTC kiddies are still very young.  

I should take advice from a gambler?  I think not.

You admit to have been taken in by scams, so obviously don't know how to spot them.

At 33, you are still very young.  I'm not a "kiddie" and your presumption to insult the people on this board is rather foolish.

care to re-work that statement Patrick?

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September 29, 2012, 01:18:08 AM
 #1232

I am a 33 year old poker player.  

I have been scammed and know how to spot scams.  

I know most of you BTC kiddies are still very young.  

I should take advice from a gambler?  I think not.

You admit to have been taken in by scams, so obviously don't know how to spot them.

At 33, you are still very young.  I'm not a "kiddie" and your presumption to insult the people on this board is rather foolish.

care to re-work that statement Patrick?
Sadly, it seems that the only way to learn that you can't spot a scam is to become the victim of one. Until that happens, everyone thinks they are a better judge of character than they really are. And professional gamblers, particularly Poker players, have to learn how to read people and spot scams. Patrick is 100% wrong on this. (It's not so much that people are stupid or naive. It's just that they don't realize how good con artists are at manipulating people. Education doesn't really fix that, only experience does.)

I am an employee of Ripple.
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September 29, 2012, 10:44:53 PM
 #1233

As wachtwoord said, an Islamic bank can't invest in a business if it doesn't know what it does with the money. This actually saved the Islamic banks from the last couple crises.

true

It would have saved many bitcoiners as well. Wink


IBB is still here Smiley Interest free banking in YOUR Interest
Out of curiosity - how do you guys survive?
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September 30, 2012, 12:55:21 AM
 #1234

As wachtwoord said, an Islamic bank can't invest in a business if it doesn't know what it does with the money. This actually saved the Islamic banks from the last couple crises.

true

It would have saved many bitcoiners as well. Wink


IBB is still here Smiley Interest free banking in YOUR Interest
Out of curiosity - how do you guys survive?
Karma, of course.

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November 24, 2012, 07:47:58 PM
 #1235

It's funny to read through the early days of this thread with people attacking Micon for starting it, and noticing how many of them have since acquired "SCAMMER" tags, PatrickHarnett being merely the first to appear in the thread and start squawking.
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November 24, 2012, 09:38:33 PM
 #1236

It's funny to read through the early days of this thread with people attacking Micon for starting it, and noticing how many of them have since acquired "SCAMMER" tags, PatrickHarnett being merely the first to appear in the thread and start squawking.

Has PatrickHarnett finally got his official SCAMMER tag?
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November 24, 2012, 09:39:39 PM
 #1237

yes
hgmichna
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November 24, 2012, 09:45:30 PM
 #1238

Good to know.
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November 24, 2012, 10:42:19 PM
 #1239

I am a 33 year old poker player. 

I have been scammed and know how to spot scams. 

I know most of you BTC kiddies are still very young.  

I should take advice from a gambler?  I think not.

You admit to have been taken in by scams, so obviously don't know how to spot them.

At 33, you are still very young.  I'm not a "kiddie" and your presumption to insult the people on this board is rather foolish.


^ Patrickhartnett is a dumbass clearly LOL!  Cheesy Cheesy Cheesy

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November 24, 2012, 11:19:20 PM
 #1240

^ Patrickhartnett is a dumbass clearly LOL!  Cheesy Cheesy Cheesy

Trouble is that many scammers are psychopaths, who sound extremely friendly or knowledgeable or authoritative, whatever it takes to get your money. Many of them are totally free of any inhibition to lie and manipulate.

It is a particular kind of low-life that I wish would not exist, but it does. Look at Bernard Madoff. He was well respected, even chairman of NASDAQ for a time, and a very nice person, many people said who knew him.

"Dumbass" would be a compliment for them. They are many times worse than any dumbass.
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