Topic: Bryan Micon's List of Non-BCST Ponzi's Still Running (with credit rating) - page 5. (Read 13326 times)

And there it is. Regardless of what Trendon has done or is involved in doing, at the end of the day, the community at large seems to have spoken again and what they are saying is: MONEY TALKS.

People can not be cured of GREED and will continue to use that service. As I have said previously, I was booted out of GPUMAX in Feb or March for 1 week, then got back in. I finally quit (by my own doing) in May. I didn't care about the extra $5/day I would make.

Although, payments are once again current. I just got paid by them again. Hey, maybe I have a part of your "2650" BTC  

Can we please try to be civil? I can understand why Patrick wants to keep some of his personal details off the forum (although he's not terribly difficult to find if you look - If you must go on another crusade why not look up Patrick's phone number on google and you can call him to discuss this directly?)
I did have some small deposit with Patrick until recently - shortly after the BS&T collapse when my hopping proxy was also having a run of particularly bad luck, I decided to liquidate some of my investments until the storm died down, much as Kluge has done.

Speaking of which, why do you have Kluge on this list? Find me a ponzi that flat out stops accepting any new deposits due to market conditions. It's not even like Kluge's rates are hard to make in the bitcoin environment.

Finally - Quick question for Patrick - I notice you were buying BitcoinMax accounts soon after the BS&T collapse. How do you value these when determining overall liquidity (right now it seems like you've taken a really substantial hit on a mark-to-market basis) and what's your overall BS&T exposure looking like? That's got to be a pretty significant drag on your balance sheet...

Well, under the circumstances, you should be thanking your lucky stars that you did.

http://ripper234.com/p/why-i-trust-patrick-harnett/

Disclosure I have small balances with Patrick Harnett and HashKing.  The reason I've split my money between two investors is to offer a better balance if one defaults.  Remember don't invest what you can't afford to loose.  Also I was discussing a possible very large loan off one of them not too long ago so I can see how they make money.

You can't correct people's greed.....

Look at GPUMAX, a 'Mining Service' ? Clearly a Money Laundering Operation, withheld miner payouts for days during this 'Pirate Fiasco' yet they get a quick taste of Bitcoins again and EVERYONE flocks back to them in droves.

People are fucking retards.

In the words of another great man, who, himself was a great scammer:

I ask you to join me Metal.

This culture of blatant scamming is embarrassing legit BTC operations like SealsWithClubs.  We can't be known as the scam-currency and expect to grow.

Clearly, the "How to Identify a Ponzi" post wasn't clear enough. The very first "hint" that something "might" be a ponzi was: > 50% APR.

Indeed, it makes no sense to ask people to lend you money at those ridiculously high rates. It's literally pissing away money. Even credit card companies' usury rates are nowhere near as bad.

So, props to Micon for trying to make it clearer. Too bad nobody will listen, as usual.

1)  you write numbers in an OP and claim "transparency" 

2)  you give other scammers high credit ratings and somehow convinced the mods to sticky it.

3)  your shameful actions are shameful.  I will be here to disrupt your scams and debunk them at every turn. 

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Bitcoin mining returns a lot more than Patrick is that a scam too ?

And back to more serious stuff - no, I will not be revealing my customer details and transactions.  I do not know of any entity that would so blatantly breach customer confidentiality in such a way.  If you wish to believe it is all a scam, reason isn't going to sway your opinion and I've already directed people to this thread for information regarding your warning.

Jesus, you certainly know how to insult someone. What are you actually trying to achieve here on this forum? Apart from annoy everyone.

Hi PatrickHarnett's wife.  Nothing personal, just hate scams and feel the need to protect BTC.  Your husband is running a scam, and while it may be hard to accept it is the truth.

PatrickHarnett - back on topic - care to enlighten us as to where the ~$200k USD on deposit with you is working for the investors?




Also how much cash?  BTC?  what are "investments" ?  can we see some Block chain verification, or real world verification on how this money is used to generate more monies?

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can't argue with the truth.

1989 R32 GT-R....a REAL Skyline GT-R

.

Yes, that would have been good to have - but he managed to raise a lot of capital on the basis of vapour-assets.  (definitely no rating given)

I can respect your question - I have made a judgement based on information that I had available.  i invested my own funds and, due to my link with the PPT.x series of assets on GLBSE, provided an early opportunity for people to invest in BS&T if they didn't have the necessary minimum.  Other people came afterwards and ran much larger pass-throughs.  

In the absence of any other bogus rating system, the unwary will fall for the more obvious scams, and I'm quite happy to consider improvements to the one I offer.  no one needs to adhere to it, and (again) it is simply a starting point for people looking to park funds.  I'm not aware of anyone that has come to me saying they have lost money because of it.

I repeat again, I know who Pirate is (which is why I have funds loaned to him), and I have a good understanding of the mechanics that would produce 5%+/week returns.

Respect for the GTR. I drive a Mk 6 Golf GTI.

Just because I act like an immature, spoiled kid.....doesn't...er... never mind

..and yes. I love my Skyline GT-R.

Patrick is all of  "humanity"? And for the record, Im not American, not even anglo saxon.


Really? So you can get a loan at a bank without providing any evidence of creditworthiness? You would trust anyone knocking on your door with  your money?

Where I live anyone taking in other people's deposits have to demonstrate their trust and creditworthiness. In the bitcoin world, this is 100x more important.


Its not hard to believe at all. Doesnt mean its smart to assume everyone is honest until proven otherwise, particularly if you are deciding who to hand your money to.


Im not saying patrick has no integrity, or even that he is a scammer, but its worth mentioning Madoff gave millions to charity. It doesnt prove a thing.

What Im questioning is Patricks judgement, and thats because of his utter failure to detect Pirate and half a dozen other scams and ponzis and give them undue credibility (not too mention, a lot of money) with his bogus credit rating system, vocal support and financial insurance. It has caused a lot of people to lose a lot of money, and will continue to do so.