BS&T -- Are you staying or leaving? - page 6.

bitclown

full member

Activity: 185

Merit: 100

Quote from: RoloTonyBrownTown on July 04, 2012, 07:57:21 PM

Exactly. All you whingers who don't want to invest. Don't.

It's really as simple as that.

I for one don't have anything against greedy suckers losing their money per se. It's the constant stream of bad Bitcoin publicity caused by these careless idiots that I despise. Can't you just use one of those pointless altcoins for these schemes instead?

hgmichna

hero member

Activity: 695

Merit: 500

Quote from: PatrickHarnett on July 05, 2012, 02:27:52 AM

Well, I'm staying. Staying in a 5-star hotel with wife for drinks and a decent meal and breakfast on Saturday morning. I know exactly who's paying - Thanks P@40!

So you withdrew your capital gains? Lucky you—you are one of the few who got their money back.

hgmichna

hero member

Activity: 695

Merit: 500

Quote from: GeoRW on July 05, 2012, 02:03:29 AM

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. ...

Front-running that continuously yields several percent per week? Front-running with the help of Mt.Gox? Come on ...

If anybody could do some front-running, then that would be Mt.Gox themselves. But even they would not make several percent per week while staying inconspicuous.

Sukrim

legendary

Activity: 2618

Merit: 1007

Quote from: GeoRW on July 05, 2012, 02:03:29 AM

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable.

Well, trace the coins from deposit addresses to MtGox and/or other exchanges then, if you can. Wink

PatrickHarnett

hero member

Activity: 518

Merit: 500

Well, I'm staying. Staying in a 5-star hotel with wife for drinks and a decent meal and breakfast on Saturday morning. I know exactly who's paying - Thanks P@40!

GeoRW

sr. member

Activity: 350

Merit: 257

Trust No One

Well, after some of the clues pirate posted, having big influence at Mt.Gox or some other large exchange, he might be doing Front running which is extremely profitable. The only risk is when the bitcoin price goes up steeply, he runs out of bitcoins and BTC price continues to climb, so he's unable to make profit in BTC and pay his lenders. Front running is common practice at bitcoin exchanges, with large order you will never get market price, they will take their share of profit Wink

He may even operate on many different smaller exchanges and take advantage of the information he has to increase his profits and lower the risks. So, does this theory fit? Pirate, the big market manipulator. The more bitcoins we give him, the more power he has to screw the market participants. Cool

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Quote from: bitlane on July 05, 2012, 01:14:55 AM

I believe that I have a solution that might work for BOTH sides of the so-called Coin....

Obviously people need to agree to dissagree on certain things, but at the end of the day, why don't both sides just concede and call it a...

PERPETUAL-Ponzi Wink

Everyone is happy. Both sides feel a little bit better and we can FUCKING MOVE ON ONCE AND FOR ALL.

http://www.youtube.com/watch?v=TQXuazYI_YU&t=100s

hgmichna

hero member

Activity: 695

Merit: 500

Quote from: bitlane on July 05, 2012, 01:14:55 AM

I believe that I have a solution that might work for BOTH sides of the so-called Coin....

Obviously people need to agree to dissagree on certain things, but at the end of the day, why don't both sides just concede and call it a...

PERPETUAL-Ponzi Wink

Everyone is happy. Both sides feel a little bit better and we can FUCKING MOVE ON ONCE AND FOR ALL.

Yes, that is possible. In theory anyway. Provided, nobody ever asks for his money back. Never mention the interest.

But what if the Ponzi scheme owes more than the number of existing bitcoins? This would happen in less than two years. Easy to calculate (for those who understand exponential growth).

bitlane

sr. member

Activity: 462

Merit: 250

I heart thebaron

I believe that I have a solution that might work for BOTH sides of the so-called Coin....

Obviously people need to agree to dissagree on certain things, but at the end of the day, why don't both sides just concede and call it a...

PERPETUAL-Ponzi Wink

Everyone is happy. Both sides feel a little bit better and we can FUCKING MOVE ON ONCE AND FOR ALL.

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Quote from: bitlane on July 05, 2012, 01:06:56 AM

Jesus Christ !

This thread was barely 2 pages when I saw it last...LOL

Put the fucking pitchforks and torches away already.

WE ALL KNOW THE RISK

Isn't there another Soap-Box that needs standing/preaching on anywhere else on the Interweb ?

Jesus had nothing to do with it.

bitlane

sr. member

Activity: 462

Merit: 250

I heart thebaron

Jesus Christ !

This thread was barely 2 pages when I saw it last...LOL

Put the fucking pitchforks and torches away already.

WE ALL KNOW THE RISK

Isn't there another Soap-Box that needs standing/preaching on anywhere else on the Interweb ?

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: copumpkin on July 04, 2012, 11:48:42 PM

Quote from: ?? on ??

Sounds like a riot. I'll bring the camera! Looking forward to hanging with all the "biggest names in Bitcoin". see you there.

Are you really going to Vegas? I think it would be interesting to have a meetup, regardless of our differences on pirateat40. I think it's also a lot easier to be civil in person than on a forum like this where everyone and his dog is screaming bloody murder.

Coincidentally, I am planning to be near enough (UT) that I could swing by.

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Quote from: bitcoinBull on July 05, 2012, 12:40:45 AM

Quote from: imsaguy on July 04, 2012, 11:23:00 PM

In the show pictures of your mining rigs thread, I posted a picture of my 5830s. There even replies to it. I'd suggest you go and read that thread. I can't take pictures of the 5850s, 5970s, 6950s or 7970s right now, it is a holiday and I don't feel like trucking to a DC just to prove some asshat wrong.

Ok, you're not as bad at this as I thought.

Here is the first picture of your rigs which I could swear was just linked (is gone now, dunno why): https://lh4.googleusercontent.com/-wNqkX0cir-k/T_UV1y90GVI/AAAAAAAACLg/K4DbKMwOvVQ/s519/IMAG0085.jpg

And this is the one which was in the mining thread. its quoted in rjk's response (your original post seems to have been deleted, not sure why): https://lh5.googleusercontent.com/-FK9VQ3OkDXo/T7SBSNrX82I/AAAAAAAACCw/E6raKULPFn8/s751/IMAG0052.jpg

Thanks for the low-rez pics.

Can you ever not bitch? You double dog dared me for a picture, you got two. That match. What's your issue?

Edit: They were taken with the Evo 3D. I could have posted it in 3D, but your computer wouldn't have done it justice. I was lazy and used the autoupload of Google+. Bitch to them about low quality pictures.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: imsaguy on July 04, 2012, 11:23:00 PM

In the show pictures of your mining rigs thread, I posted a picture of my 5830s. There even replies to it. I'd suggest you go and read that thread. I can't take pictures of the 5850s, 5970s, 6950s or 7970s right now, it is a holiday and I don't feel like trucking to a DC just to prove some asshat wrong.

Ok, you're not as bad at this as I thought.

Here is the first picture of your rigs which I could swear was just linked (is gone now, dunno why): https://lh4.googleusercontent.com/-wNqkX0cir-k/T_UV1y90GVI/AAAAAAAACLg/K4DbKMwOvVQ/s519/IMAG0085.jpg

And this is the one which was in the mining thread. its quoted in rjk's response (your original post seems to have been deleted, not sure why): https://lh5.googleusercontent.com/-FK9VQ3OkDXo/T7SBSNrX82I/AAAAAAAACCw/E6raKULPFn8/s751/IMAG0052.jpg

Thanks for the low-rez pics.

exahash

sr. member

Activity: 278

Merit: 250

All this trolling is a great way to get some unrelated bad news swept under the rug.

Remember how Gary Condit was in the news 24x7 till September 11?

pirateat40

sr. member

Activity: 378

Merit: 250

"Yes I am a pirate, 200 years too late."

Quote from: mrb on July 05, 2012, 12:10:54 AM

Quote from: pirateat40 on July 04, 2012, 06:32:47 PM

Quote from: mrb on July 04, 2012, 06:21:04 PM

Quote from: pirateat40 on July 04, 2012, 05:31:31 PM

@Vandroiy

Let's say you have 135K USD right now. I need you to buy Bitcoins without changing the Mt.Gox rate by 2%. You have 3 days to do it, nah I'll give you 7 days. GO!!!

Let me know how that works out for you.

Buying $135k of coins right now in one trade would only increase the exchange rate by +3%, from $6.54 to $6.76: http://bitcoincharts.com/markets/mtgoxUSD_depth.html Therefore, it is easily doable in 7 days while keeping it way below 3%. But, even if you did that one trade costing you 3%, wouldn't it be more cost effective than borrowing coins from your "investors" at an insane 7%/week interest? Roll Eyes

You just let me prove so easily that what you are doing makes zero business sense.

Please, Todd T******, I implore you to stop your Ponzi scheme. You will make tons of people very angry when you default, putting yourself and your family under stress and danger. You will also devastate people who were irresponsible enough to invest their life savings into it. You will create another round of bad publicity for Bitcoin. I understand financial success, greed, etc makes it hard to stop, but you have to stop. Now.

Who's Todd T******?

You are Todd T****** from McKinney, Texas.

LOL, no I'm pretty sure people know exactly who I am. Your google must be borked.

mrb

legendary

Activity: 1512

Merit: 1028

Quote from: pirateat40 on July 04, 2012, 06:32:47 PM

Quote from: mrb on July 04, 2012, 06:21:04 PM

Quote from: pirateat40 on July 04, 2012, 05:31:31 PM

@Vandroiy

Let's say you have 135K USD right now. I need you to buy Bitcoins without changing the Mt.Gox rate by 2%. You have 3 days to do it, nah I'll give you 7 days. GO!!!

Let me know how that works out for you.

Buying $135k of coins right now in one trade would only increase the exchange rate by +3%, from $6.54 to $6.76: http://bitcoincharts.com/markets/mtgoxUSD_depth.html Therefore, it is easily doable in 7 days while keeping it way below 3%. But, even if you did that one trade costing you 3%, wouldn't it be more cost effective than borrowing coins from your "investors" at an insane 7%/week interest? Roll Eyes

You just let me prove so easily that what you are doing makes zero business sense.

Please, Todd T******, I implore you to stop your Ponzi scheme. You will make tons of people very angry when you default, putting yourself and your family under stress and danger. You will also devastate people who were irresponsible enough to invest their life savings into it. You will create another round of bad publicity for Bitcoin. I understand financial success, greed, etc makes it hard to stop, but you have to stop. Now.

Who's Todd T******?

You are Todd T****** from McKinney, Texas.

copumpkin

donator

Activity: 266

Merit: 252

I'm actually a pineapple

Quote from: ?? on ??

Sounds like a riot. I'll bring the camera! Looking forward to hanging with all the "biggest names in Bitcoin". see you there.

Are you really going to Vegas? I think it would be interesting to have a meetup, regardless of our differences on pirateat40. I think it's also a lot easier to be civil in person than on a forum like this where everyone and his dog is screaming bloody murder.

imsaguy

vip

Activity: 574

Merit: 500

Don't send me a pm unless you gpg encrypt it.

Quote from: bitcoinBull on July 04, 2012, 10:57:29 PM

Taking GLBT ponzi-loans isn't mining.

I only use GLBSE. Is that your way of coming out of the closet?

PatrickHarnett

hero member

Activity: 518

Merit: 500

Damn, if imsaguy can be a ponzi at 3%, I want to be a ponzi at 1.5%/week. I have a thread, and don't limit deposits (much) and I'm tightening the interest rate. So far that makes me spot on as I don't even care for mining much.

Topic: BS&T -- Are you staying or leaving? - page 6. (Read 24797 times)