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notme

legendary

Activity: 1904

Merit: 1002

Quote from: Beaflag VonRathburg on August 17, 2012, 03:27:18 PM

Watching prices tank is painful right now.

I skipped the past couple pages after reading 10 of speculation. Are Mondays interest payments going out or is that not going to happen?

Nothing official from the boss yet, but Pirate will begin paying out Monday and should be done within a week. When Payb.tc gets his funds, he will likely be paying out everything.

robocoin

sr. member

Activity: 252

Merit: 250

Quote from: conspirosphere.tk on August 17, 2012, 02:57:32 PM

I figured the opposite: that the price spike was due to him buying BTC to face the wave of withdrawals...

This.
We just made it from 10,60$ up to 12,34$, OMG!
More than 90,000BTC was bought in the last miutes.

Beaflag VonRathburg

sr. member

Activity: 472

Merit: 250

Watching prices tank is painful right now.

I skipped the past couple pages after reading 10 of speculation. Are Mondays interest payments going out or is that not going to happen?

bigasic

hero member

Activity: 924

Merit: 1000

Yea, it doesn't make much sense. Unless he has paid paid a considerable sum. I wouldn't have seen a sell off until he started to repay everyone...So, it must be the bitcoin holders *knowing* that there will be a huge sell off soon...

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: ThiagoCMC on August 17, 2012, 02:48:17 PM

Quote from: bigasic on August 17, 2012, 02:47:13 PM

I wonder if the drop in BTC/USD has anything to do with this... Sure is funny that this is announced and the bitcoin drops by almost 2 dollars....

Of course it have...

I figured the opposite: that the price spike was due to him buying BTC to face the wave of withdrawals...

ThiagoCMC

legendary

Activity: 1204

Merit: 1000

฿itcoin: Currency of Resistance!

Quote from: bigasic on August 17, 2012, 02:47:13 PM

I wonder if the drop in BTC/USD has anything to do with this... Sure is funny that this is announced and the bitcoin drops by almost 2 dollars.... If everyone does get their coins back, I agree that we will see a correction in BTC, if he defaults, It may still go down, but not nearly as much..

Of course it have...

bigasic

hero member

Activity: 924

Merit: 1000

I wonder if the drop in BTC/USD has anything to do with this... Sure is funny that this is announced and the bitcoin drops by almost 2 dollars.... If everyone does get their coins back, I agree that we will see a correction in BTC, if he defaults, It may still go down, but not nearly as much..

makomk

hero member

Activity: 686

Merit: 564

Quote from: drakahn on August 17, 2012, 01:54:56 PM

Quote from: BitLucky on August 17, 2012, 01:53:13 PM

Wow, lots of people believe they will see their funds again Undecided

No point in announcing forced withdraws if he wasn't going to pay everyone back, he would just let people keep depositing wouldn't he?

Remember that the next interest payment was due on Monday, and it appears that a whole bunch more people than usual may have made withdrawal requests. If he failed to make the interest payment on Monday or people's withdrawals now there wouldn't be a whole lot of people wanting to deposit money anyway. This way he has a justification for why he's delaying payments. In other words, it could just be a stalling tactic.

ThiagoCMC

legendary

Activity: 1204

Merit: 1000

฿itcoin: Currency of Resistance!

I just deposit 100 BTC yesterday... And now, withdraw it... Damn... =(

gnpeer

full member

Activity: 196

Merit: 100

Thanks for neat income:)

Now I suggest pyramining investment. Lower return but save.

drakahn

hero member

Activity: 504

Merit: 500

Quote from: BitLucky on August 17, 2012, 02:01:39 PM

Quote from: drakahn on August 17, 2012, 01:54:56 PM

Quote from: BitLucky on August 17, 2012, 01:53:13 PM

Wow, lots of people believe they will see their funds again Undecided

No point in announcing forced withdraws if he wasn't going to pay everyone back, he would just let people keep depositing wouldn't he?

I guess.... but he wouldn't get many more deposits without honouring the withdrawals.

"I'm low on liquid bitcoins 50% bonus interest for the next three days" and then to mexico

BitLucky

full member

Activity: 168

Merit: 100

Quote from: drakahn on August 17, 2012, 01:54:56 PM

Quote from: BitLucky on August 17, 2012, 01:53:13 PM

Wow, lots of people believe they will see their funds again Undecided

No point in announcing forced withdraws if he wasn't going to pay everyone back, he would just let people keep depositing wouldn't he?

I guess.... but he wouldn't get many more deposits without honouring the withdrawals.

zyk

full member

Activity: 224

Merit: 101

Quote from: zyk on August 17, 2012, 11:26:16 AM

it ain´t over till its over Cool

the deposit queue should be watched and referred to not the withdrawls Wink

its as in pyraminings buiseness..even as its not a pyramid scheme.....if the fat old garfields only care about how to access the site and push the withdrawl button

shop sucks, slows down, stumbles and closes Cry

no invention, no advertising, no new ideas, no discussion not even more infighting or at least new bets.........only counting money...thats not what

the holy spirit will support any longer

Cheers Zyk

So Bitlane is the chief of the Garfields ?

i kinow some more Wink

drakahn

hero member

Activity: 504

Merit: 500

Quote from: BitLucky on August 17, 2012, 01:53:13 PM

Wow, lots of people believe they will see their funds again Undecided

No point in announcing forced withdraws if he wasn't going to pay everyone back, he would just let people keep depositing wouldn't he?

BitLucky

full member

Activity: 168

Merit: 100

Wow, lots of people believe they will see their funds again Undecided

zyk

full member

Activity: 224

Merit: 101

Quote from: conspirosphere.tk on August 17, 2012, 01:20:35 PM

Quote from: zyk on August 17, 2012, 11:26:16 AM

the holy spirit will support any longer

(The last famous words)

Now that Pirate just announced to close his shop let's all go in [Drama Queen Mode: ON] and start bitching and moaning, so to get
at least some phun.

IMHO he could have been hit badly by the price shoot already, and the panic withdrawals as a reaction to his dividends cut may have been the last straw.
Any idea about what happens next?

can tell you !...at which time what coins belonged when to whom......thats to be found out....and then the identity of persons involved Wink

Cheers Zyk

drakahn

hero member

Activity: 504

Merit: 500

Quote from: Dice on August 17, 2012, 01:45:30 PM

Quote from: drakahn on August 17, 2012, 01:27:11 PM

Quote from: Dice on August 17, 2012, 01:03:51 PM

According to Pirate BTCST is now closed.

https://bitcointalksearch.org/topic/bitcoin-savings-and-trust-home-closed-50822

my withdraw was just cause I needed my coins, I was going to put whatever was left back after using them...

and now I won't be seeing them for days?

... that's pretty fucked up ... and will probably cost me more than being involved was worth in the first place

Well, in the end as long as I get them all is good...

Same scenario for me, got some BTC in, deposited a big chunk yesterday only to find out that its closing lol. I think the endless streams of FUD ruined this opportunity, oh well, was a good run.

I've sorted it, as long as I have the coins by monday(so tuesday for me) I won't lose anything, and I would have gained a few days interest. So I'm back to being happy and can have a good weekend

I would not want to be pirates PM box right now

Dice

member

Activity: 69

Merit: 10

Quote from: drakahn on August 17, 2012, 01:27:11 PM

Quote from: Dice on August 17, 2012, 01:03:51 PM

According to Pirate BTCST is now closed.

https://bitcointalksearch.org/topic/bitcoin-savings-and-trust-home-closed-50822

my withdraw was just cause I needed my coins, I was going to put whatever was left back after using them...

and now I won't be seeing them for days?

... that's pretty fucked up ... and will probably cost me more than being involved was worth in the first place

Well, in the end as long as I get them all is good...

Same scenario for me, got some BTC in, deposited a big chunk yesterday only to find out that its closing lol. I think the endless streams of FUD ruined this opportunity, oh well, was a good run.

eroxors

legendary

Activity: 924

Merit: 1000

Think. Positive. Thoughts.

Quote from: mrbashfo on August 17, 2012, 01:19:19 PM

Been a good short ride for me. Thanks pirate and payb.tc

+1 thanks guys

drakahn

hero member

Activity: 504

Merit: 500

Quote from: Dice on August 17, 2012, 01:03:51 PM

According to Pirate BTCST is now closed.

https://bitcointalksearch.org/topic/bitcoin-savings-and-trust-home-closed-50822

my withdraw was just cause I needed my coins, I was going to put whatever was left back after using them...

and now I won't be seeing them for days?

... that's pretty fucked up ... and will probably cost me more than being involved was worth in the first place

Well, in the end as long as I get them all is good...

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