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Topic: [BitcoinMax.com] Closed - page 33. (Read 190275 times)

sr. member
Activity: 349
Merit: 250
August 29, 2012, 03:49:43 PM
He needs direct control over sub-accounts, to payback the sub-accounts he bought at low price "first" and WITHOUT INFORMING ANYONE. This will result in more accounts falling at lower prices as account holders wouldn't stand the expanded payback delay with zero information being announced, while Pirate keeps collecting such accounts and payback himself. I guess he is already doing this now. His intention is not to let anyone know about the slow payback process. Thats why he doesn't want PPT OPs in the middle, to keep hiding his activities.

My missing coins and I are in it for the long haul. At this point all I can do is wait, assume a loss, and if they come back fantastic.
I don't appreciate all this confidential treatment of finances on pirates part. If there is 1$ million to pay $5million owed then just pay out at 20%.  Why all the delays? Pay out what you have, give us a bottom line number and meet it. 
hero member
Activity: 560
Merit: 500
I am the one who knocks
August 29, 2012, 03:13:39 PM
… for what nefarious purpose could pirate want lenders names for?

I don't know, but here are a few guesses, some of which had been mentioned here already.

  • He wants to protect his pass-through helpers by taking the business relationship and the debt upon himself before his bankruptcy is obvious to everybody. This is quite unlikely behavior for a criminal, but perhaps he wants to keep his helpers for another coup.
  • He wants to send individual messages to the people whose money he stole, for the purpose of confusing and delaying.
  • He wants to use the addresses to pull people into his next coup, perhaps a Ponzi scheme with a lower interest rate than 3,300% per year.

Any more ideas?

I usually do not agree with team ponzi, but assuming pirate is a scammer, then all of those actually make sense.
hero member
Activity: 695
Merit: 500
August 29, 2012, 03:10:30 PM
… for what nefarious purpose could pirate want lenders names for?

I don't know, but here are a few guesses, some of which had been mentioned here already.

  • He wants to protect his pass-through helpers by taking the business relationship and the debt upon himself before his bankruptcy is obvious to everybody. This is quite unlikely behavior for a criminal, but perhaps he wants to keep his helpers for another coup.
  • He wants to send individual messages to the people whose money he stole, for the purpose of confusing and delaying.
  • He wants to use the addresses to pull people into his next coup, perhaps a Ponzi scheme with a lower interest rate than 3,300% per year.

Any more ideas?
hero member
Activity: 695
Merit: 500
August 29, 2012, 03:00:57 PM
Then why would he do this? To be sure everyone is paid equally? He's not legally responsible if a passthrough operator doesn't return the coins.

Nobody will ever be paid anything, except if the pirate is caught with some money.

Can't wait for Friday to know more about this.

You don't have to wait until Friday. You know everything already, except for the next attempt of the pirate to confuse you.
sr. member
Activity: 364
Merit: 250
firstbits 1LoCBS
August 29, 2012, 02:59:56 PM
what was bitcoin max?


You have been posting in all the pirate threads and you don't even know what bitcoinmax was?

Next question: Whats a PPT? Does that stand for PayPal Trust??? Roll Eyes

Whats a PayPal Trust?

Does that stand for "Progressive and yet Positive application limiting Typical reversible underground seamless transactions" Huh
donator
Activity: 3108
Merit: 1166
August 29, 2012, 02:59:06 PM
apparently he's on holiday atm, unfortunate timing but with so much at stake a daily check in & update is essential imo

Do you actually KNOW that he's on holiday or are you just guessing due to him not appearing for a couple days here?

It's been reported on irc://freenode/btcst by ppl who apparently know this, I'm just relaying the most current informed info available...
sr. member
Activity: 388
Merit: 250
August 29, 2012, 02:51:37 PM
what was bitcoin max?


You have been posting in all the pirate threads and you don't even know what bitcoinmax was?

Next question: Whats a PPT? Does that stand for PayPal Trust??? Roll Eyes
hero member
Activity: 560
Merit: 500
I am the one who knocks
August 29, 2012, 02:46:57 PM
what was bitcoin max?


You have been posting in all the pirate threads and you don't even know what bitcoinmax was?
sr. member
Activity: 472
Merit: 250
August 29, 2012, 02:44:12 PM
He needs direct control over sub-accounts, to payback the sub-accounts he bought at low price "first" and WITHOUT INFORMING ANYONE. This will result in more accounts falling at lower prices as account holders wouldn't stand the expanded payback delay with zero information being announced, while Pirate keeps collecting such accounts and payback himself. I guess he is already doing this now. His intention is not to let anyone know about the slow payback process. Thats why he doesn't want PPT OPs in the middle, to keep hiding his activities.

My missing coins and I are in it for the long haul. At this point all I can do is wait, assume a loss, and if they come back fantastic.
sr. member
Activity: 449
Merit: 250
August 29, 2012, 02:32:40 PM
apparently he's on holiday atm, unfortunate timing but with so much at stake a daily check in & update is essential imo

Do you actually KNOW that he's on holiday or are you just guessing due to him not appearing for a couple days here?
full member
Activity: 198
Merit: 100
August 29, 2012, 02:12:33 PM
apparently he's on holiday atm, unfortunate timing but with so much at stake a daily check in & update is essential imo

Wow, crappy timing.  I can just hear my wife in that situation..."We're on vacation and all you do is worry about your stupid coin bit thing business."
hero member
Activity: 504
Merit: 504
Decent Programmer to boot!
August 29, 2012, 02:05:03 PM
what was bitcoin max?

A website that served as a passthrough for investing in Pirate.
420
hero member
Activity: 756
Merit: 500
August 29, 2012, 02:00:45 PM
what was bitcoin max?
donator
Activity: 3108
Merit: 1166
August 29, 2012, 01:53:55 PM
apparently he's on holiday atm, unfortunate timing but with so much at stake a daily check in & update is essential imo
legendary
Activity: 1358
Merit: 1002
August 29, 2012, 01:35:01 PM
Where the fuck is payb.tc in all of this?!?! havent heard from him yet...

Probably collapsed. lol
legendary
Activity: 2450
Merit: 1002
August 29, 2012, 01:29:05 PM
Where the fuck is payb.tc in all of this?!?! havent heard from him yet...
sr. member
Activity: 273
Merit: 250
August 29, 2012, 01:17:15 PM
He needs direct control over sub-accounts, to payback the sub-accounts he bought at low price "first" and WITHOUT INFORMING ANYONE. This will result in more accounts falling at lower prices as account holders wouldn't stand the expanded payback delay with zero information being announced, while Pirate keeps collecting such accounts and payback himself. I guess he is already doing this now. His intention is not to let anyone know about the slow payback process. Thats why he doesn't want PPT OPs in the middle, to keep hiding his activities.
legendary
Activity: 1022
Merit: 1000
BitMinter
August 29, 2012, 01:02:29 PM
payb.tc you can go ahead and pass on my info to pirateat40.  i dont have any problems with that.

I have a problem with that. I don't want any details of my account being sent to pirateat40. No more games and shit.
member
Activity: 89
Merit: 10
Marketplace for sensor data
August 29, 2012, 12:55:13 PM
Wow, requiring account id's defeats one of the primary purposes of bitcoin.  All he should need is

1JoricCBkW8C5m7QUZMwoRz9rBCM6ZSy96 is owed 5000btc.
hero member
Activity: 812
Merit: 1001
-
August 29, 2012, 12:54:32 PM
it still would be fraud
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