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Topic: Bitcoin Savings and Trust | Home | Closed - page 52. (Read 802100 times)

hero member
Activity: 560
Merit: 501
January 19, 2012, 02:08:33 PM
If a time were to come that someone is not able to withdraw coins and reports back here you can try again to entice others to jump on your bandwagon. Until then, you have no grounds to say anything related to my business.
I would say that you being able to find enough clients in a local area for a trading volume this large warrants a discussion into the matter, and your dismissive attitude does not help your case in my eyes.

I believe I've proven myself to not only my lenders but to the community.  If you don't trust me, don't lend me coins.  After all, never trust a pirate. Smiley
This is exactly what I'm talking about. Instead of addressing people's concerns, and I believe you dismissed an entire thread with questions directed at you a couple of days ago, you proceed with these "if you don't like it, fuck off"-type responses. I guess this is one of the fundamental problems here, because people are practically forcing money into your hands, so you don't have to fight for funds, which leaves you in a very advantageous and profitable situation, should you chose to bail.

The following sentences is purely hypothetical and assumes your goal is actually to scam people. I am not implying either.

Needless to say, the longer this drags on, the more money you have. You only have to find a sweet-spot between people getting more paranoid and you having enough cash to call it quits.

For what it's worth, other people have made warnings like yours earlier in this huge thread. I think I addressed one of them fairly well, so I urge you to look back through (just load all pages and search for my name). I can only speak for myself though Smiley
Cool. I remember reading it, but I'll give it another go.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 19, 2012, 01:56:39 PM
If a time were to come that someone is not able to withdraw coins and reports back here you can try again to entice others to jump on your bandwagon. Until then, you have no grounds to say anything related to my business.
I would say that you being able to find enough clients in a local area for a trading volume this large warrants a discussion into the matter, and your dismissive attitude does not help your case in my eyes.

I believe I've proven myself to not only my lenders but to the community.  If you don't trust me, don't lend me coins.  After all, never trust a pirate. Smiley
donator
Activity: 266
Merit: 252
I'm actually a pineapple
January 19, 2012, 01:55:24 PM
For you to be able to keep updating your storage as you are doing right now, you'd have to have a constant supply of new clients, and your old clients would have to continue doing business with you on a regular basis, correct?

I'd like to warn everyone that there exists a possibility that pirate is trying to amass as many bitcoins as possible over a longer period of time, covering interest payments with other client deposits similarly to a ponzi-scheme, before suddenly disappearing, with thousands or even tens of thousands of bitcoins.

I would estimate that you currently have a volume larger than that of many exchanges in the Bitcoin community, and you are able to do all of these trades locally. Another thing worth noting is that you have yet to disclose any personal information, which by no means is necessary, but can be good for credibility.

This is merely a warning, and my goal is to entice discussion into this matter.

For what it's worth, other people have made warnings like yours earlier in this huge thread. I think I addressed one of them fairly well, so I urge you to look back through (just load all pages and search for my name). I can only speak for myself though Smiley

Well someone is trying to beat mybitcoin.com's record I see Grin

IMHO if you put your money in these schemes you deserve to lose them or be found out ( I doubt pirate's business is 100% legal )

This kind of reaction just makes you look like an asshole, honestly. I'm aware of the risks here, and am willing to accept losses from it. It bothers me when people take pleasure in others' misfortune though, however risky their behavior was.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 19, 2012, 01:52:02 PM
Well someone is trying to beat mybitcoin.com's record I see Grin

IMHO if you put your money in these schemes you deserve to lose them or be found out ( I doubt pirate's business is 100% legal )

If my business is illegal then anyone trading coins for cash and back to coins is doing something illegal. Smiley
hero member
Activity: 560
Merit: 501
January 19, 2012, 01:51:48 PM
If a time were to come that someone is not able to withdraw coins and reports back here you can try again to entice others to jump on your bandwagon. Until then, you have no grounds to say anything related to my business.
I would say that you being able to find enough clients in a local area for a trading volume this large warrants a discussion into the matter, and your dismissive attitude does not help your case in my eyes.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 19, 2012, 01:47:29 PM
For you to be able to keep updating your storage as you are doing right now, you'd have to have a constant supply of new clients, and your old clients would have to continue doing business with you on a regular basis, correct?

I'd like to warn everyone that there exists a possibility that pirate is trying to amass as many bitcoins as possible over a longer period of time, covering interest payments with other client deposits similarly to a ponzi-scheme, before suddenly disappearing, with thousands or even tens of thousands of bitcoins.

I would estimate that you currently have a volume larger than that of many exchanges in the Bitcoin community, and you are able to do all of these trades locally. Another thing worth noting is that you have yet to disclose any personal information, which by no means is necessary, but can be good for credibility.

This is merely a warning, and my goal is to entice discussion into this matter.

The price of bitcoin changes the amount of coins needed to cover my transactions.  So as the price goes down, more coins are needed.  The other part not seen by anyone are the withdraws during the market spikes or dumps.  So, my storage is always changing.  

If a time were to come that someone is not able to withdraw coins and reports back here you can try again to entice others to jump on your bandwagon. Until then, you have no grounds to say anything related to my business.
hero member
Activity: 518
Merit: 500
January 19, 2012, 01:46:36 PM
Well someone is trying to beat mybitcoin.com's record I see Grin

IMHO if you put your money in these schemes you deserve to lose them or be found out ( I doubt pirate's business is 100% legal )
hero member
Activity: 560
Merit: 501
January 19, 2012, 01:38:49 PM
For you to be able to keep updating your storage as you are doing right now, you'd have to have a constant supply of new clients, and your old clients would have to continue doing business with you on a regular basis, correct?

I'd like to warn everyone that there exists a possibility that pirate is trying to amass as many bitcoins as possible over a longer period of time, covering interest payments with other client deposits similarly to a ponzi-scheme, before suddenly disappearing, with thousands or even tens of thousands of bitcoins.

I would estimate that you currently have a volume larger than that of many exchanges in the Bitcoin community, and you are able to do all of these trades locally. Another thing worth noting is that you have yet to disclose any personal information, which by no means is necessary, but can be good for credibility.

This is merely a warning, and my goal is to entice discussion into this matter.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 19, 2012, 01:28:15 PM
Storage Updated
hero member
Activity: 518
Merit: 500
January 18, 2012, 05:46:49 PM
It's changing - it's also partly the time of day.  (and there is a bit of other trading happening)
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 18, 2012, 05:19:06 PM
Surprisingly it's taking a long time to fill this time.

It's filling faster than you see, I have had a lot of withdraws and money moving around since this morning.  Net wise, yes its slow going.
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 18, 2012, 12:49:18 PM
Storage Updated Smiley
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
January 15, 2012, 11:15:52 AM
Looks much better again Smiley
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 15, 2012, 11:14:06 AM
So, you changed the icon from a smiley to a thumbs up to signify no new accounts? Do you have an icon that means storage capacity available?  Cheesy


Oh my I didn't even notice that I changed it.  It must have been a mis-scroll. Fixed
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
January 15, 2012, 04:52:34 AM
So, you changed the icon from a smiley to a thumbs up to signify no new accounts? Do you have an icon that means storage capacity available?  Cheesy
member
Activity: 70
Merit: 10
January 15, 2012, 03:59:22 AM
Pheeew, just in time then Wink .

Thanks Pirate.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
January 15, 2012, 12:12:46 AM
Due to the large amount of new account requests I have decided to suspend new accounts until the time comes when I need more.  The top post will show the current status as it changes.

Shocked


wow...
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 14, 2012, 09:45:57 PM
Due to the large amount of new account requests I have decided to suspend new accounts until the time comes when I need more.  The top post will show the current status as it changes.

To those that have already contacted me for a new account don't worry they'll be created,  this change does not affect you.

Thanks,


member
Activity: 70
Merit: 10
January 14, 2012, 05:26:13 PM
Storage Update

OK, can throw in 60 BTC to start, another 35 in a few days. Can you give me login info? Thanks Smiley .
sr. member
Activity: 378
Merit: 250
"Yes I am a pirate, 200 years too late."
January 14, 2012, 03:05:57 PM
Storage Update
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