Topic: Be careful with matthew's bet (Read 4366 times)
You know the old saying, if I owe the bank a thousand dollars it's my problem, if I owe the bank a million dollars it's the bank's problem. Right now Pirate has the power to dictate how much he's willing to pay back simply because many of his creditors are going to be desperate to get anything back. Is a 50% payback a default? Of course it is. It's not a 'hair cut', or 'easing of debt'. We've seen the same tricks applied with Greece (and soon Spain/Italy/etc) where there is massive pressure to take a huge loss to avoid triggering an actual default.
He didn't flush it down the toilet. The guy that half the forums has on ignore was teaching us how to be more sociable.
If you had everyone bothering you, stalking you, harassing you, lying about you, wouldn't you want try to prove them wrong in a highly dramatic manner that makes them question the very foundation of their sick, pedantic reasoning?
There is no such thing as "sick, pedantic reasoning". [Are you going to call Pifagora theorem sick and pedantic too?]
There are sound arguments and unsound arguments. There are valid arguments and invalid arguments.
There are also people that are uneducated and more so unable or unwilling to learn and that, when faced with undeniable argument crushing their silly hypothesis, are hiding in some disturbing psycho denial state and exhibit symptoms of emotional withdrawal from reality.
I would withdraw from reality if I just flushed 30k BTC down the toilet...
If you had everyone bothering you, stalking you, harassing you, lying about you, wouldn't you want try to prove them wrong in a highly dramatic manner that makes them question the very foundation of their sick, pedantic reasoning?
There is no such thing as "sick, pedantic reasoning". [Are you going to call Pifagora theorem sick and pedantic too?]
There are sound arguments and unsound arguments. There are valid arguments and invalid arguments.
There are also people who are uneducated and more so unable or unwilling to learn and those who, when faced with undeniable argument crushing their silly hypothesis, are hiding in some disturbing psycho denial state and exhibiting symptoms of emotional withdrawal from the reality.
As I said to everyone in another post no one should pay Matthew a cent even if he does win the bet unless he can prove that he could cover the bet in the first place and if he cant prove he can cover the bet, he should be labelled scammer. The thing to remember is that Matthew is the editor an chief of Bitcoin Magazine. He and Bitcoin Magazine have a lot to loose if here if things turn out bad. A) he does not pay if he looses OR B) he does win and it turns out that he never had the money cover the wager in the first place.
Matthew I wish you luck here, there is a lot at stake and things are not looking in your favour at the moment.
Also, the original bet mentioned nothing about additional clauses as mentioned above. It was that pirate paid out everyone in full including interest as described in his original thread within 3 weeks. That is the bet I and everyone will be holding you to. None of this pay out 90% and investors accept crap. 100% plus interest or Matthew looses.
Matthew I wish you luck here, there is a lot at stake and things are not looking in your favour at the moment.
Also, the original bet mentioned nothing about additional clauses as mentioned above. It was that pirate paid out everyone in full including interest as described in his original thread within 3 weeks. That is the bet I and everyone will be holding you to. None of this pay out 90% and investors accept crap. 100% plus interest or Matthew looses.
He proved he owned 20706 btc -by moving them) back when he was betting "only" 20706 btc.
I don't remember the bitcoin adress though.
As I said to everyone in another post no one should pay Matthew a cent even if he does win the bet unless he can prove that he could cover the bet in the first place and if he cant prove he can cover the bet, he should be labelled scammer. The thing to remember is that Matthew is the editor an chief of Bitcoin Magazine. He and Bitcoin Magazine have a lot to loose if here if things turn out bad. A) he does not pay if he looses OR B) he does win and it turns out that he never had the money cover the wager in the first place.
Matthew I wish you luck here, there is a lot at stake and things are not looking in your favour at the moment.
Also, the original bet mentioned nothing about additional clauses as mentioned above. It was that pirate paid out everyone in full including interest as described in his original thread within 3 weeks. That is the bet I and everyone will be holding you to. None of this pay out 90% and investors accept crap. 100% plus interest or Matthew looses.
Matthew I wish you luck here, there is a lot at stake and things are not looking in your favour at the moment.
Also, the original bet mentioned nothing about additional clauses as mentioned above. It was that pirate paid out everyone in full including interest as described in his original thread within 3 weeks. That is the bet I and everyone will be holding you to. None of this pay out 90% and investors accept crap. 100% plus interest or Matthew looses.
...My gut feeling tells me he is pissed that people called pirate a ponzi without proof and he would rather see people
For the record I vote pirate is a pirate/ponzi. If not, he was very generous...or didn't realize there are cheaper ways to borrow money
Matthew..
For the record..
Your contest is in very very poor taste..
Regardless of your intentions.. Its a poor time and very poor touchy subject to make a grandiose betting game on.
Plus your spamming of every thread about pirate about your "game/wager"
Its clear to me your trying to make a point, but its a dickhead way to go about it, and obviously you have some information your playing on.
Stop trying to take stupid peoples money..
They will soon part anyways, why be the dick that proves it.
Your image is worth more, no ?
For the record..
Your contest is in very very poor taste..
Regardless of your intentions.. Its a poor time and very poor touchy subject to make a grandiose betting game on.
Plus your spamming of every thread about pirate about your "game/wager"
Its clear to me your trying to make a point, but its a dickhead way to go about it, and obviously you have some information your playing on.
Stop trying to take stupid peoples money..
They will soon part anyways, why be the dick that proves it.
Your image is worth more, no ?
I disagree with this completely...MNW is actually providing a valuable hedging/price discovery opportunity for all involved. Now arbitrageurs can effectively short pirate debt to 50% par...injecting massive liquidity into the market for pirate debt.
We would be much better off if he ran analysis and picked ROI for similar other events...alas shorting is misunderstood and vilified ("gentlemen don't trade puts" as they used to say in Chicago), and the concept of numeraire is lost to the world.
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lol fair enough mate
I will make a prediction as my fledgling "established" member post.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of thefiasco exercise.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of the
^^^
You may be able to tell that though I am a new poster I have been a lurker long enough to be pretty jaded.
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Matthew..
For the record..
Your contest is in very very poor taste..
Regardless of your intentions.. Its a poor time and very poor touchy subject to make a grandiose betting game on.
Plus your spamming of every thread about pirate about your "game/wager"
Its clear to me your trying to make a point, but its a dickhead way to go about it, and obviously you have some information your playing on.
Stop trying to take stupid peoples money..
They will soon part anyways, why be the dick that proves it.
Your image is worth more, no ?
For the record..
Your contest is in very very poor taste..
Regardless of your intentions.. Its a poor time and very poor touchy subject to make a grandiose betting game on.
Plus your spamming of every thread about pirate about your "game/wager"
Its clear to me your trying to make a point, but its a dickhead way to go about it, and obviously you have some information your playing on.
Stop trying to take stupid peoples money..
They will soon part anyways, why be the dick that proves it.
Your image is worth more, no ?
Learn to PM.
I will make a prediction as my fledgling "established" member post.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of thefiasco exercise.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of the
^^^
You may be able to tell that though I am a new poster I have been a lurker long enough to be pretty jaded.
I will make a prediction as my fledgling "established" member post.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of thefiasco exercise.
There will be so much confusion and disagreement concerning the outcome of this bet that few, and perhaps no payments will be made in either direction. Perhaps MW even intends this to be the whole point of the
Sorry but Matthew has confirmed this is 100% or nothing. Nothing but FUD here.
Well as I said, if you are indeed very honnest, I will deeply apologize. And I appreciate the fact that you stay civilised even when accused
I still dont understand why you did not make your topic with a big & trusted escrow so nobodies would have had any doubt of your legitimacy
I still dont understand why you did not make your topic with a big & trusted escrow so nobodies would have had any doubt of your legitimacy
I'll do that last, just as a final show. I love keeping people in suspense and I want to teach people a lesson who are saying "Pirate is a scam because he's waiting". Those same people say "Matthew is a scam because he's waiting". If you had everyone bothering you, stalking you, harassing you, lying about you, wouldn't you want try to prove them wrong in a highly dramatic manner that makes them question the very foundation of their sick, pedantic reasoning?
This whole business of Matthew's bet and Pireat's drama is more riveting than the casey anthony trial. This is high end entertainment here.
If y'all could keep this shit up for the next couple of months I would really appreciate it. I'm not being facetious even.. People pay good money for this kind of shit.
You need a publicity agent?
Stern
Lenno
Colbert
SNL!
I see big things in your future!
So technically, Matt wins even if pirate pays only 1%, as long as his investors agree to accept it. (Which they will, because even a token amount is better than zero.)
That is the one sentence that prevented me from placing a bet....it gives Matt too much wiggle room to win.
That is the one sentence that prevented me from placing a bet....it gives Matt too much wiggle room to win.
This is not going to happen. Not ALL of them would accept that. For starters, Bitlane wouldn't. All small/medium lenders who have hedged their bets against Matthew won't take a small %.
I do understand the concern that Matthew may not honour his payment, that's a matter of trust towards Matthew I guess, unless you have a good escrow you already trust and both sides pay in advance.
I'm willing to escrow for 1% or 1BTC each side by the way
Matthew's thread says he wins if pirate pays back as described in his [pirateat40's] thread. Pirate said he will would everyone back with interest down to the hour. If pirate pays only 20% back, and Matthew calls that a win, I feel like the community will not pay him. Then someone has to decide who gets the scammer tags.
From the bet thread:
If he owes 100% and only pays back 90% without agreement to investors, -that- is fraud and a failure to pay back. I would obviously lose the bet.
If he owes 100% and only pays back 90% but the investors agreed to it, -that- is the agreement and therefor he has paid it back. I would win the bet.
If he owes 100% and pays back 100%, I would win the bet.
If he owes 100% and does not pay anything anything back, I would lose the bet.
So technically, Matt wins even if pirate pays only 1%, as long as his investors agree to accept it. (Which they will, because even a token amount is better than zero.)
That is the one sentence that prevented me from placing a bet....it gives Matt too much wiggle room to win.
If Matthew wins the bets on a technicality like that, I'm taking the scammer tag and walking...but I don't think he intends to play games. My gut feeling tells me he is pissed that people called pirate a ponzi without proof and he would rather see people out their money where their mouth is.
Also, I'm not sure he can dole out scammer tags as he sees fit. I imagine if there was not agreement in who won the bet, then a lot of people might get labeled scammer...that would hurt the community...imagine if bitcointalk is calling regular users scammers, what's an uninformed visitor gonna think when a large fraction of posters are "scammers." Not good.
P.s. my belief is that anyone offering such wild interest rates is a ponzi...I mean, I'd mortgage my house to get in on a scheme like pirates if I were him and I knew I could make a fortune...so why pay others so mucj interest? It doesn't make sense to borrow money at crazy high interest rates if running the scheme with his own money could make him so much money so quickly. The maths just don't look good to me.
Matthew's thread says he wins if pirate pays back as described in his [pirateat40's] thread. Pirate said he will would everyone back with interest down to the hour. If pirate pays only 20% back, and Matthew calls that a win, I feel like the community will not pay him. Then someone has to decide who gets the scammer tags.
From the bet thread:
If he owes 100% and only pays back 90% without agreement to investors, -that- is fraud and a failure to pay back. I would obviously lose the bet.
If he owes 100% and only pays back 90% but the investors agreed to it, -that- is the agreement and therefor he has paid it back. I would win the bet.
If he owes 100% and pays back 100%, I would win the bet.
If he owes 100% and does not pay anything anything back, I would lose the bet.
So technically, Matt wins even if pirate pays only 1%, as long as his investors agree to accept it. (Which they will, because even a token amount is better than zero.)
That is the one sentence that prevented me from placing a bet....it gives Matt too much wiggle room to win.
If Matthew wins the bets on a technicality like that, I'm taking the scammer tag and walking...but I don't think he intends to play games. My gut feeling tells me he is pissed that people called pirate a ponzi without proof and he would rather see people out their money where their mouth is.
Also, I'm not sure he can dole out scammer tags as he sees fit. I imagine if there was not agreement in who won the bet, then a lot of people might get labeled scammer...that would hurt the community...imagine if bitcointalk is calling regular users scammers, what's an uninformed visitor gonna think when a large fraction of posters are "scammers." Not good.
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