Apparently he was or is still the director of a Texas mortgage lending company.
http://www.tlpwebsite.com/
http://www.merchantcircle.com/business/Lending.Partners.972-665-1900/shoutout/list
Such a position might be ideal for conducting pirate's type of side "business". It's based in Plano, right next to McKinney, where he apparently lives. This was pretty easy to find via google searching, but I think people have been hush hush about discussing his personal details for whatever reason. He is holding a massive number of our bitcoins, so I see no problem with getting to know him better.
Ultimately, perhaps this can alleviate all of our ponzi worries --- just the fact that we know his real life identity and thus have some sort of legal recourse in the case of something unsavory occurring. And that makes one think, that if he was some sort of incredible mastermind, he might have set-up the whole pass through structure as a way of offloading legal responsibility to his top lender circle in case of default. But I doubt it...just being thorough in my musings.
Topic: BS&T -- Are you staying or leaving? - page 15. (Read 24789 times)
I actually met Pirate back in October 2011. I purchased a 5970 from him for $240 when they were selling for $400 to $450 in the forums. He lives a few miles away so we met up at a local gas station for the trade. We didn't talk much but he mentioned he had 7970s coming at the end of the month, which I thought was weird since they weren't coming out until January. I only found out recently that he started BS&T a month later so I'm assuming he was selling stuff cheap to build a quick rep. He didn't seem like the Bernie Madoff type..
With that said, I'm not sure what to think about his operation. He's been paying high interest rates since November, so if it's a pure ponzi, he has to be adding large amounts of investors each week. I had a few coins in PPTs that I took out today. I'd prefer to watch things unfold from the sidelines.
With that said, I'm not sure what to think about his operation. He's been paying high interest rates since November, so if it's a pure ponzi, he has to be adding large amounts of investors each week. I had a few coins in PPTs that I took out today. I'd prefer to watch things unfold from the sidelines.
Just curious,
For those telling Hazek to STFU, are you doing so because you also think it's a ponzi and simply want more people to jump in and pump up the pyramid so your fun won't end? In other words, are you perceiving Hazek to be a threat to the ponzi?
For the record, I have a small amount invested in a pass-through and to that extent hopes it continues as well.
For those telling Hazek to STFU, are you doing so because you also think it's a ponzi and simply want more people to jump in and pump up the pyramid so your fun won't end? In other words, are you perceiving Hazek to be a threat to the ponzi?
For the record, I have a small amount invested in a pass-through and to that extent hopes it continues as well.
Hazek should STFU because It's not a Ponzi. It's most likely a money laundering scheme.
Just curious,
For those telling Hazek to STFU, are you doing so because you also think it's a ponzi and simply want more people to jump in and pump up the pyramid so your fun won't end? In other words, are you perceiving Hazek to be a threat to the ponzi?
For the record, I have a small amount invested in a pass-through and to that extent hopes it continues as well.
For those telling Hazek to STFU, are you doing so because you also think it's a ponzi and simply want more people to jump in and pump up the pyramid so your fun won't end? In other words, are you perceiving Hazek to be a threat to the ponzi?
For the record, I have a small amount invested in a pass-through and to that extent hopes it continues as well.
You're not making any sense.
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
by fast increase i think pirate meant something like 10-20-30% increase withing minutes maybe hours, not days
So according to you, because I don't know all of what pirate has said so far, he is giving up a huge portion of his profits for the past several months highly unlikely event of 10-20-30% of an increase of the exchange rate within minutes or hours?
Answer this: are you aware how much potential profits he is giving up by using other people's money with his rate of return?
Center Europe.
If you pay for my trip to Vegas, sure.
Where do you live?
I'm willing to contribute towards your travel costs as I'm sure others would if it would help you to shut the fuck up.
You're not making any sense.
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
by fast increase i think pirate meant something like 10-20-30% increase withing minutes maybe hours, not days
You're not making any sense.
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
Exchange rate is up ~30% in the last 30 days or so, it shot up almost 20% in a mater of 4 days, how is this not the risk event he says he is sacrificing his profits for when hedging by using other people's money instead of his own?
The main thread just got locked, hmm?
one point tho from that thread, you are inclining that he said he is at risk when btc value raises; in reality pirate said he is exposed to risk during rapid price increases - and even that probably conditioned with short periods of time when he is on USD side and doesn't apply to being always at risk during fast price increases (and we haven't seen those increases often recently in several month)
The main thread just got locked, hmm?
Because you trolled it to death with unoriginal comments.
If that's what you call a smoking gun I revealed, sure..
So I guess that means you're willing to call him a liar and a scammer to his face? https://bitcointalksearch.org/topic/m.1004534
If you pay for my trip to Vegas, sure.
The main thread just got locked, hmm?
Because you trolled it to death with unoriginal comments.
If that's what you call a smoking gun I revealed, sure..
So I guess that means you're willing to call him a liar and a scammer to his face? https://bitcointalksearch.org/topic/m.1004534
The main thread just got locked, hmm?
Because you trolled it to death with unoriginal comments.
If that's what you call a smoking gun I revealed, sure..
The main thread just got locked, hmm?
Because you trolled it to death with unoriginal comments.
The main thread just got locked, hmm?
Staying and sticking more into it... Win big or jump off a roof 
When the ponzi collapses, I won't feel bad for you at all. If you want to waste your money, fine, just don't invest more than you can lose and still be happy -- because you WILL lose.I am at the point now what ever I put into it has cost me nothing so worst case my losses are covered. Best case I make money. Up to a point
BUT I do agree with Maged any investment/Lending money to friends etc. Don't invest more than you can afford to loose. But not that I am saying that will happen. It might it might not
Staying and sticking more into it... Win big or jump off a roof
When the ponzi collapses, I won't feel bad for you at all. If you want to waste your money, fine, just don't invest more than you can lose and still be happy -- because you WILL lose.
Staying and sticking more into it... Win big or jump off a roof
Staying with bitcoinmax.
I am sticking around.
Jump to: