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Topic: A day in the life of a pirate. - page 18. (Read 31744 times)

hero member
Activity: 668
Merit: 501
May 21, 2012, 05:57:19 PM
#25
i learned a very simple thing: if something guarantees more than 7% per year it is likely not worth looking into it. they all blow up.

that said, i am incredibly eager to learn what your business really is, pirate. i bet it makes a great story..
vip
Activity: 490
Merit: 271
May 21, 2012, 05:56:32 PM
#24
Would you be willing to disclose anything about your actual profit margins over the 7% weekly you pay for the use of funds?

The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context .... Wink

And that is the whole Frigging Point of why you don't disclose Business Models if others can't figure them out.

NOW, ask very nicely and he might sell Franchises... lol

5 Million Up front, 7.1% royalties.  j/k

sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
May 21, 2012, 05:54:23 PM
#23
Would you be willing to disclose anything about your actual profit margins over the 7% weekly you pay for the use of funds?

The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context .... Wink

Sure, I net gross 10.65% per week and payout 5.98% on average and it really depends on how much I want to work.  The process has become pretty automated lately which is nice because I can spend more time on my other projects and with the family. Smiley

Thanks for your polite and non-divulging question. Smiley
legendary
Activity: 2324
Merit: 1125
May 21, 2012, 05:47:44 PM
#22
Would you be willing to disclose anything about your actual profit margins over the 7% weekly you pay for the use of funds?

The only good thing about this ever ending is that I'll find out what the hell it is. I might be able to replicate it in a different context .... Wink
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
May 21, 2012, 05:37:40 PM
#21
Oh, one thing I forgot.  Just more thanks, no more info. Smiley

There are a couple of people that I know doing the exact same thing I do.  One in the states and one in the UK.  Early on they both contacted me within days of each other asking for some tips on how I handled the process.  Now this was after a very detailed description of what they thought I was doing.  Considering they're not in my area and we'd end up helping each other out, I decided I'd lend a hand in getting them off the ground.  We've keep in contact and to-date (based on how many of you have no idea what's going on) they've kept the information I've told them secret and I can't tell you what that means to me.

Now, I never expect anything in return and this is not a call for them to come forward in the least (they know that).  I simply wanted to mention it and say thanks.

Thanks,
vip
Activity: 574
Merit: 500
Don't send me a pm unless you gpg encrypt it.
May 21, 2012, 05:37:13 PM
#20
Scammer and I have proof. I'm reporting you to the RIAA
full member
Activity: 180
Merit: 100
mistaken for gribble since 2011
May 21, 2012, 05:30:00 PM
#19
+1 pirateat40
sr. member
Activity: 352
Merit: 250
May 21, 2012, 05:13:16 PM
#18
subbing. Good to see some kind of statement Smiley
hero member
Activity: 518
Merit: 500
May 21, 2012, 04:44:31 PM
#17
Thank you Mr P for a nicely considered reply to some of the other threads.

It still amazes me that there are basically two groups of people, people who believe stuff can not be done (normally stupid), and those who go out and do it (a mix of smart and stupid people).  Mr P is in the second category and probably smart - and I have a friend  in the second category who is stupid and has $2M in the bank.

Ha ha ha (arrrgh - subbed)
hero member
Activity: 609
Merit: 501
peace
May 21, 2012, 04:32:44 PM
#16
Bitcoin is completely revolutionary and super needed yet its value is only climbing with some 30% a YEAR, that should give you a hint.

What on earth are you talking about? It's been way more than 30% in my world. it's even more than 1000%
legendary
Activity: 2618
Merit: 1007
May 21, 2012, 04:24:24 PM
#15
He doesn't have to run a Ponzi on his own - my guess is still that he "invests" in some Ponzi/pyramid game like MMM. If you read carefully, he never denied that, only that he doesn't Ponzi himself.
legendary
Activity: 1896
Merit: 1353
May 21, 2012, 04:12:14 PM
#14
hero member
Activity: 815
Merit: 1000
May 21, 2012, 04:08:40 PM
#13
Earning 30% a week or what ever?

Yeah its possible in some instances for a short time, but HIGHLY unlikely to be rooted in the real world.

Investing in something not transparent is just stupid; its worse than gambling as you don't even know what game you are playing or the odds.

Even if pirate is not doing a ponzi scheme the kind of people he attracts are quite likely to fall for other ponzi schemes.


Bitcoin is completely revolutionary and super needed yet its value is only climbing with some 30% a YEAR, that should give you a hint.

To do even that on a regular basis you usually have to be facebook or asset strip companies.


Not revealing his secret formula? There's people on the internet earning money on fruit porn, unless he discovered alchemy I don't buy it.
Sounds SOO much like lehman brothers and the lot "we are so brilliant - two days later - your money is gone, bye!".
legendary
Activity: 1274
Merit: 1004
May 21, 2012, 04:05:41 PM
#12
I'd buy a bottle or two of a nice dark rum.
hero member
Activity: 609
Merit: 501
peace
May 21, 2012, 03:48:00 PM
#11
fascinating.
Something legal in the US, or something that is not clearly illegal, that produces massive returns with lenders spread around the world and traded on an exchange managed by someone in China, using bitcoin as an intermediary.
He goes by the name of a pirate and has a personality too.
You just can't make this stuff up and few dare to believe it is actually possible.
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
May 21, 2012, 03:36:54 PM
#10
Just get to making rum already...    Cool
 
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
May 21, 2012, 03:34:04 PM
#9
Pirateat40 is awesome as usual, also sub.
N12
donator
Activity: 1610
Merit: 1010
May 21, 2012, 03:33:02 PM
#8
Wait, aren't you the same person who on IRC was saying that the Bitcoinica hack was an inside job and that Zhou Tong was supposedly a mastermind behind all the hacks/stolen money in Bitcoinica and demanding proof otherwise and yet you're defending pirate without providing anything either?
I have never claimed any of these things.

Also, the burden of proof is on the ones making criminal accusations.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
May 21, 2012, 03:31:20 PM
#7
It is shocking, shocking that an outsized return from an investment with zero transparency is related to major illegal operations.  Who would have thought?
Where is your evidence? You state it like it is a truth.

It shocks me how prone people I would have thought better of are to slander. I don’t have anything against speculation and discussion, but saying someone is a criminal or (knowingly) connected to criminals is a serious accusation you better be able to back up.

So let me ask you, where is your evidence for GPUMAX and/or Bitcoin Savings & Trust being related to "major illegal operations"?

I'm sure I'm not the only one who is withholding revealing and damaging information out of respect to all the members of this forum, especially Pirateat40. You think we all rely on google? Woof, woof.
Put up or shut up.

Speak up now, slanderers. Go and prove him wrong.

Or have the decency to apologize if you cannot.

Wait, aren't you the same person who on IRC was saying that the Bitcoinica hack was an inside job and that Zhou Tong was supposedly a mastermind behind all the hacks/stolen money in Bitcoinica and demanding proof otherwise and yet you're defending pirate without providing anything either?

You are a very talented mental acrobat.

(And if this is not the same person, my apologies).
N12
donator
Activity: 1610
Merit: 1010
May 21, 2012, 03:29:19 PM
#6
It is shocking, shocking that an outsized return from an investment with zero transparency is related to major illegal operations.  Who would have thought?
Where is your evidence? You state it like it is a truth.

It shocks me how prone people I would have thought better of are to slander. I don’t have anything against speculation and discussion, but saying someone is a criminal or (knowingly) connected to criminals is a serious accusation you better be able to back up.

So let me ask you, where is your evidence for GPUMAX and/or Bitcoin Savings & Trust being related to "major illegal operations"?

I'm sure I'm not the only one who is withholding revealing and damaging information out of respect to all the members of this forum, especially Pirateat40. You think we all rely on google? Woof, woof.
Put up or shut up.

Speak up now, slanderers. Go and prove him wrong.

Or have the decency to apologize if you cannot.
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