Bitcoin Savings & Trust - Money Returned List (One reported - CLOSED). - page 7.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Hunterbunter on August 23, 2012, 01:46:45 AM

Quote from: ehmdjii on August 23, 2012, 12:57:34 AM

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

if you had a bst account (at 7%/w ?), why did you put additional money into PPTs (at less than 7%/w)?

Clearly to spread the risk...

All the passthroughs are reliant on pirate anyway,if the BTCST defaults it will be interesting to
see what happens to all the guys that were offering 2-3% "risk -free" bonds and investments
more than likely some of them were collecting 7% rates from pirate and pretending to be investeed in something
safer

Hunterbunter

hero member

Activity: 994

Merit: 1000

Quote from: ehmdjii on August 23, 2012, 12:57:34 AM

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

if you had a bst account (at 7%/w ?), why did you put additional money into PPTs (at less than 7%/w)?

Clearly to spread the risk...

stochastic

hero member

Activity: 532

Merit: 500

Quote from: fcmatt on August 22, 2012, 11:50:42 PM

if one was smart you would go to a person in power... i dunno... a district attorney or someone below him and explain
what happened if they have time. explain to them they would be all over the tech news if they could assist in the case
of the stolen bitcoins. get 15 minutes of fame in certain areas of the news.

they might bite if they were smart enough to get it. but that takes a bit of work to find that special someone who
can pull strings like that and desire publicity like that.

It is called the SEC, but then they would probably send the IRS after you to explain where the funds came from in the first place.

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: 322i0n on August 23, 2012, 01:13:17 AM

Quote from: drakahn on August 23, 2012, 01:11:13 AM

Quote from: 322i0n on August 23, 2012, 01:03:06 AM

there is laws around contracts and pirate agreed to a contract which is preserved in glbse if he renages on the contract he has broken that law and can be pursued through the courts for remuneration.

when did pirate use glbse?

i thought he had. idk he has not used it?

He doesnt use it only passthrough operators do. You have no contract with pirate unless you invest directly. But the it depends what contract you signed by handing him coins.

322i0n

full member

Activity: 196

Merit: 101

Quote from: drakahn on August 23, 2012, 01:11:13 AM

Quote from: 322i0n on August 23, 2012, 01:03:06 AM

there is laws around contracts and pirate agreed to a contract which is preserved in glbse if he renages on the contract he has broken that law and can be pursued through the courts for remuneration.

when did pirate use glbse?

i thought he had. idk he has not used it?

drakahn

hero member

Activity: 504

Merit: 500

Quote from: 322i0n on August 23, 2012, 01:03:06 AM

there is laws around contracts and pirate agreed to a contract which is preserved in glbse if he renages on the contract he has broken that law and can be pursued through the courts for remuneration.

when did pirate use glbse?

322i0n

full member

Activity: 196

Merit: 101

there is laws around contracts and pirate agreed to a contract which is preserved in glbse if he renages on the contract he has broken that law and can be pursued through the courts for remuneration.

ehmdjii

sr. member

Activity: 351

Merit: 250

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

if you had a bst account (at 7%/w ?), why did you put additional money into PPTs (at less than 7%/w)?

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: iCEBREAKER on August 22, 2012, 11:47:04 PM

Quote

[Police Guy]
Son, you need to stop wasting police time before I show you what pepper spray tastes like. We have real issues about real people to deal with. For example, speeding people extending their garages without a permit.

Quote

[BitLame]
*throws hissy fit*
*tastes pepper spray*
*entertains forum as drama queen of the week*

fcmatt

legendary

Activity: 2072

Merit: 1001

if one was smart you would go to a person in power... i dunno... a district attorney or someone below him and explain
what happened if they have time. explain to them they would be all over the tech news if they could assist in the case
of the stolen bitcoins. get 15 minutes of fame in certain areas of the news.

they might bite if they were smart enough to get it. but that takes a bit of work to find that special someone who
can pull strings like that and desire publicity like that.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote

[BitLame]
Officer,a bad man called pirate from the internet stole my bitcoins

Quote

[Police Guy]
OK, so this bad pirate man hacked into your computer and stole something?

Quote

[BitLame]
No, I gave him the bitcoins 100% voluntarily.

Quote

[Police Guy]
Um, why would you give your magic internet money to someone who you've never met named pirate?

Quote

[BitLame]
Because of greed. He was offering impossible profits. I can't resist free lunches and deals too good to be true.

Quote

[Police Guy]
Son, you need to stop wasting police time before I show you what pepper spray tastes like. We have real issues about real people to deal with.

Quote

[BitLame]
*throws hissy fit*
*tastes pepper spray*
*entertains forum as drama queen of the week*

drakahn

hero member

Activity: 504

Merit: 500

Quote from: BIGMERVE on August 22, 2012, 08:58:46 PM

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

Proof?

Quote from: yochdog on August 22, 2012, 09:42:19 PM

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

proof or it didn't happen

lol

Bitcoin Oz

hero member

Activity: 686

Merit: 500

Wat

Quote from: muyuu on August 22, 2012, 05:41:46 PM

Quote from: Shadow383 on August 22, 2012, 04:41:02 PM

So the question remains - why is pirate paying over the odds for hashing power for his private pool, and where are the coins coming from to pay GPUMAX?

There are a few theories but I'm partial to the money laundering one. Pirate is likely to have a lot of money to launder, maybe from big Silk Road operations, either his' or his partners'.

He has claimed his method doesnt involve anything illegal. Selling high demand goods with a big profit margin would probably be closer to the business model if I would hazard a guess.

yochdog

legendary

Activity: 2044

Merit: 1000

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

proof or it didn't happen

BIGMERVE

hero member

Activity: 728

Merit: 500

Quote from: filharvey on August 22, 2012, 08:51:04 PM

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

Proof?

filharvey

hero member

Activity: 866

Merit: 1001

I've received my money from pirate already. Now waiting on my other money in the ppt schemes.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: ineededausername on August 22, 2012, 12:56:03 PM

We've got some reports that pirate has paid out 6 small accounts that I believe to be true. Pirate has personally confirmed this.

Money coming out

Yay, now its safe to do the money dance! coins returned by friday! Roll Eyes

muyuu

donator

Activity: 980

Merit: 1000

Quote from: Shadow383 on August 22, 2012, 04:41:02 PM

So the question remains - why is pirate paying over the odds for hashing power for his private pool, and where are the coins coming from to pay GPUMAX?

There are a few theories but I'm partial to the money laundering one. Pirate is likely to have a lot of money to launder, maybe from big Silk Road operations, either his' or his partners'.

Shadow383

sr. member

Activity: 336

Merit: 250

So the question remains - why is pirate paying over the odds for hashing power for his private pool, and where are the coins coming from to pay GPUMAX?

makomk

hero member

Activity: 686

Merit: 564

Quote from: gadsdengraphics on August 22, 2012, 04:12:00 PM

Unless paying out to his clients were terms of the sale, or unless he bought the private keys themselves, etc.

People draw so many conclusions from so little data, I swear.

In this case, it's actually easy to confirm that Shadow383 is correct - it's GPUMAX. I should really have googled the address myself:

Quote from: pirateat40 on June 21, 2012, 11:50:11 AM

The following address is managed by GPUMAX.

1PSf86KnLuzM7Ris5kDhTEZwooR3p2iyfV

Sorry it wasn't more interesting. Sad

-pirate

Topic: Bitcoin Savings & Trust - Money Returned List (One reported - CLOSED). - page 7. (Read 67125 times)