Topic: BS&T -- Are you staying or leaving? - page 14. (Read 24797 times)

Nothing although I plan to singlehandedly change that in the future with a service I have plans to develop.

Yeah sorry to burst your ponzi "investor" apologist's bubble but that's not how a market regulated by strictly market consumers (i.e. the free market) works.

No no no.. People may have learned this lie in public school that if there is no government regulation then there is no regulation at all and chaos follows but as you can see that's not the case at all. I can't wait for this scam to implode so that this market gets more aware of the dangers lurking for to scam and steal and some private agencies pop up that will provide the service of audits and ratings which right now aren't being done like at all. All we have are a few concerned participants raising valid concerns trying to educate the less financially literate but make no mistake, this too are perfectly valid and inescapable regulations that naturally arise in any free market.

I am just wondering after the folding what will happen with the multiple of people promoting the scheme and their reputations ...

Most of the trolls do not give shit about past performance and your 7% . Most of the trolls just do not want you to continue to have those 7% much longer at expense of multiply naive victims of something that is very likely a ponzy scheme and at expense of wider Bitcoin Economy and Bitcoin's reputation and public perception. Trolls do not want to be associated with ponzi fraud even indirectly.

If it is indeed a ponzi scheme (which is highly likely) then YOU  and other fanboys by promoting it, clearly in order to extend your gains or protect your "investment", are potentially effectively being co-conspirators trying to deceive public for your personal gain (what is the definition of fraud again?).

The sooner the ponzi bubble collapses, the less is damage and the better wider Bitcoin Economy will be long term.

And there is not that much time left...


Would it be correct to translate this as "leave us alone and give us some more time to inflate this baby and do not scare off naive suckers for a little bit longer?"

It is not running for a year yet. Hell, in he beginning Pirateat was mostly talking with himself just to make the logs.

Problem for you guys, Goat, is that you are running out of posters. Thus the thread was locked. People who have been on your side a week ago are now crying foul even though they got money out. No matter how much you post, severe Ponzi accusations will make people read up on the topic.

And we know you have a sharp time-out. How many weeks can the operation last without user base growth? We all know it's not long, and that's why we can keep up until it's over. Someone large will withdraw eventually, and if not, after a few weeks someone small can do it instead.

Game is over. Take whatever your share is and say goodbye to your forum status. You guys are overestimating yourselves, we can and will make sure there's nothing more to win here.

If it's so clear, and considering than in six month his business never missed the target profit, then why are you saying this is a very high risk venture to insure?

What he does is clear, and not a ponzy? Then you can insure my fund with pirate for a small fee and make a good profit in the end. Or am i missing something here?

Mostly because of the response to it. When pirate locks his thread, and when his entourage start trying to silence people, I start wondering why? Is there a kernel of truth in there somewhere, and that's why it bothers them so bad?

Captain obivous award for you !

No ponzi here dood ... wake up.

And we don't even care as much about all of you who support (and may or may not account for the risk of) putting your money into something with so many red flags, you are free to lose your money however you please. The reason we're so vocal is because most people don't account for the risk, most people are not financially literate and savvy in this area of expertise to know just how high the risk of them being scammed in this case is and these are also usually the people that can least afford to lose the money and we are vocal so that hopefully maybe these kind of potential "investors" get warned and hopefully decide against risking their money.

You can't imagine how fking destructive ponzi schemes are. I had a rl friend who fell into one, heck I even have my sister participating in one right now (though luckily I managed to get her to at least take out what she initially put it) and I have first hand real life experience what happens when the shit hits the fan. That friend, when it all went bust, do you know what he did? He went and crashed his leased BWM and almost killed himself just so he could collect insurance, he lost most of his good friends who care about him and surrounded himself with vultures who care about nothing but their own personal gain and would do anything for it.

So yea. You know, you're right, it must be that I'm jealous when I warn people from getting themselves in a spot that could lead to all kinds of shit, yeah, that must be it.  

Just how exactly sustainable is a 3313% APR, you tell me

No. We are whining because we know the future. Just watch.

Only reason you guys are whining is this: interest payments are "too generous" and your huge egos are severely bruised because you can not figure out wtf is he doing Really?
So, if he paid you a crappy 1-2% per week, everyone will calm down and be happy?
Whine about those Mh/s mining Turds, that are only good for the issuer because coupon payments are based on Mh/s only.

If the PP business is good and he likes to keep it going, there is no reason to fuck it up for others and especially for himself.
Pirate, can you keep paying those fat coupons and buying back those wonderful zeros?
Yes or no

Cheers

What do you base that on? Increased amount of trolling? The trolls work themselves up into a frenzy over this once a month or so. Everytime it seems worse than the last. Everytime it settles down when pirate does what he said he would.

I'd be getting out if I had any, sure smells like trouble brewing.

Uh oh..... reeses is a mac user!

* gigavps gets out the pitch forks

Monthly? Pfft. Big boys play with WEEKLY now. 

and I am offering the full 7%.

Another said 6.9% too.

(Full disclosure: that's not me)

Actually, one member of the Lending forums has already stated that his interest rates for a pass-through will continue to be 6.75%...

IMO, Hazek isn't adding anything new to the conversation. The "BS&T is a Ponzi" argument has been made dozens of times already. It's easy to find in the forums and near impossible to miss. Unless he has some new evidence to present, he should just STFU. Most everyone on here has already made up their minds, and those who haven't or are new to Bitcoin have more than enough information to make their own decision.