BullShit Trust. It is the beginning of the end. - page 3.

tvbcof

legendary

Activity: 4760

Merit: 1283

Quote from: bitlane on August 17, 2012, 02:42:12 AM

All Pirate did was ignore me and put a couple thousand BTC of mine in limbo. I am currently CAREFULLY measuring my FINAL response to the situation.

It's only $28,000. Opps....that was an hour ago...closer to $30,000 now. Oh well...the price of counter-party risk I guess.

RoloTonyBrownTown

sr. member

Activity: 350

Merit: 250

Vlad, you're a dick. That is all, continue with your nonsense.

And Bitlane, good I was hoping he'd close your account. Now perhaps you'll shut up for five minutes (Yeah I know, what am I thinking!).

Don't bother replying with a scathing but unoriginal retort, I won't see it.

bitlane

sr. member

Activity: 462

Merit: 250

I heart thebaron

Quote from: Maged on August 17, 2012, 02:32:56 AM

So wait, he still hasn't sent you're withdrawal? And now he's closing your account? What a Madoff!

Well, BitcoinEXpress called me a terrible Internet Detective.....and I BURIED HIM.

All Pirate did was ignore me and put a couple thousand BTC of mine in limbo. I am currently CAREFULLY measuring my FINAL response to the situation.

Maged

legendary

Activity: 1204

Merit: 1015

Quote from: bitlane on August 17, 2012, 01:50:47 AM

Quote from: BinaryMage on August 17, 2012, 01:21:57 AM

Coins gone for three hours - THE PONZI IS COLLAPSING! THE END IS NIGH!

Perfectly logical.

Did you by chance notice a follow-up post, where I confirmed the receipt of my coins ?

I even asked VIA PM if it would be easier if I simply cancelled my withdrawal request, due to the time..... YET STILL NEVER RECEIVED ANYTHING FROM PIRATE BY WAY OF COMMUNICATION IN REGARDS TO ANY KIND OF TIME LINE OR DELAY THAT I MAY FACE....until I received this approx 5.5 hours after my initial request:

Quote from: pirateat40 on August 17, 2012, 02:29:18 AM

bitlane,
Your account has been closed. Your funds will be sent to the withdraw address on file on Monday with the regularly scheduled interest payment.
-pirate

Wouldn't it have been JUST AS EASY to tell me where I stood on his so-called queue ? ...... HE'S NOT THE ONLY ONE WITH A LIFE.

So wait, he still hasn't sent you're withdrawal? And now he's closing your account? What a Madoff!

bitlane

sr. member

Activity: 462

Merit: 250

I heart thebaron

Well, watching BTC climb in price well past the 'Pirate 10%' threshold against USD over the last week, combined with withdrawal queues.... I am really not sure what to think about the upcoming Monday 'Pirate Payday'......
Let's hope alot of people re-invest so that I can get paid.

Vladimir

hero member

Activity: 812

Merit: 1001

-

Quote from: odolvlobo on August 17, 2012, 01:07:29 AM

Quote from: Vladimir on August 16, 2012, 09:12:45 PM

... How Bitcoin economy would react on "vaporation" of ~ 300 000 BTC or nearly 3% of all bitcoins out there?

Those bitcoins won't disappear. I imagine that they will all eventually be spent (or traded for $).

Thank you Captain Obvious.

Or maybe most of them already were traded for USD.

However, in greedy naive minds of many "depositors" these BTC still belong to them and counted against their "net worth" probably as well as anticipated "dividends". The default will be an event crystallising losses for those punters.

Vladimir

hero member

Activity: 812

Merit: 1001

-

Quote from: bitlane on August 17, 2012, 01:50:47 AM

Quote from: BinaryMage on August 17, 2012, 01:21:57 AM

Coins gone for three hours - THE PONZI IS COLLAPSING! THE END IS NIGH!

Perfectly logical.

Did you by chance notice a follow-up post, where I confirmed the receipt of my coins ?

I even asked VIA PM if it would be easier if I simply cancelled my withdrawal request, due to the time..... YET STILL NEVER RECEIVED ANYTHING FROM PIRATE BY WAY OF COMMUNICATION IN REGARDS TO ANY KIND OF TIME LINE OR DELAY THAT I MAY FACE....until I received this approx 5.5 hours after my initial request:

Quote from: pirateat40 on August 17, 2012, 02:29:18 AM

bitlane,
Your account has been closed. Your funds will be sent to the withdraw address on file on Monday with the regularly scheduled interest payment.
-pirate

Wouldn't it have been JUST AS EASY to tell me where I stood on his so-called queue ? ...... HE'S NOT THE ONLY ONE WITH A LIFE.

He just bought himself 3-4 days.

bitlane

sr. member

Activity: 462

Merit: 250

I heart thebaron

Quote from: BinaryMage on August 17, 2012, 01:21:57 AM

Coins gone for three hours - THE PONZI IS COLLAPSING! THE END IS NIGH!

Perfectly logical.

Did you by chance notice a follow-up post, where I confirmed the receipt of my coins ?

I even asked VIA PM if it would be easier if I simply cancelled my withdrawal request, due to the time..... YET STILL NEVER RECEIVED ANYTHING FROM PIRATE BY WAY OF COMMUNICATION IN REGARDS TO ANY KIND OF TIME LINE OR DELAY THAT I MAY FACE....until I received this approx 5.5 hours after my initial request:

Quote from: pirateat40 on August 17, 2012, 02:29:18 AM

bitlane,
Your account has been closed. Your funds will be sent to the withdraw address on file on Monday with the regularly scheduled interest payment.
-pirate

Wouldn't it have been JUST AS EASY to tell me where I stood on his so-called queue ? ...... HE'S NOT THE ONLY ONE WITH A LIFE.

BinaryMage

hero member

Activity: 560

Merit: 500

Ad astra.

Coins gone for three hours - THE PONZI IS COLLAPSING! THE END IS NIGH!

Perfectly logical.

odolvlobo

legendary

Activity: 4466

Merit: 3391

Quote from: Vladimir on August 16, 2012, 09:12:45 PM

... How Bitcoin economy would react on "vaporation" of ~ 300 000 BTC or nearly 3% of all bitcoins out there?

Those bitcoins won't disappear. I imagine that they will all eventually be spent (or traded for $).

tvbcof

legendary

Activity: 4760

Merit: 1283

Quote from: cypherdoc on August 16, 2012, 11:47:59 PM

Quote from: tvbcof on August 16, 2012, 11:05:25 PM

Quote from: cypherdoc on August 16, 2012, 09:34:07 PM

unforeseen delays are way different than ponzi's.

Cypherdoc...my friend and compadre...please tell me you are not going to be one of the ones victimized in this scam. Not when things are starting to get interesting after such a long dry spell!

no way. i'm just here to support Vladimir.

Glad to hear it. No bull...although I have no idea why after you've been so mean to poor little me over the years

dust

hero member

Activity: 840

Merit: 1000

I'll just leave this here:

If anyone is certain pirate is running a ponzi and wants to bet BTC100,000+ against him, PM me. I have an idea. You must be willing to risk large amounts of BTC.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: tvbcof on August 16, 2012, 11:05:25 PM

Quote from: cypherdoc on August 16, 2012, 09:34:07 PM

unforeseen delays are way different than ponzi's.

Cypherdoc...my friend and compadre...please tell me you are not going to be one of the ones victimized in this scam. Not when things are starting to get interesting after such a long dry spell!

no way. i'm just here to support Vladimir.

zby

legendary

Activity: 1594

Merit: 1001

Oh my dear - it looks like pirate is not the only one with this kind of offers: https://bitcointalk.org/index.php?board=88.0

tvbcof

legendary

Activity: 4760

Merit: 1283

Quote from: cypherdoc on August 16, 2012, 09:34:07 PM

unforeseen delays are way different than ponzi's.

Cypherdoc...my friend and compadre...please tell me you are not going to be one of the ones victimized in this scam. Not when things are starting to get interesting after such a long dry spell!

bg002h

donator

Activity: 1464

Merit: 1047

I outlived my lifetime membership:)

Quote from: finkleshnorts on August 16, 2012, 10:01:29 PM

Quote from: ?? on ??

I thought he had closer to 600k coins.

I thought it was 400k. Not sure if that's paper or real. Either way, that is quite a slice.

Well that's good to hear. That should add 20 weeks or so to my initial estimates.

finkleshnorts

sr. member

Activity: 336

Merit: 250

Quote from: ?? on ??

I thought he had closer to 600k coins.

I thought it was 400k. Not sure if that's paper or real. Either way, that is quite a slice.

bg002h

donator

Activity: 1464

Merit: 1047

I outlived my lifetime membership:)

Quote from: cypherdoc on August 16, 2012, 09:34:07 PM

unforeseen delays are way different than ponzi's.

Sleep, food, sex...some things take time. But of course 7% interest has to end...specifically, if pirate had 2.6 million BTC outstanding 10 weeks ago, he's got 10 weeks or so until his debts are higher than the number of bitcoins in existence.

vampire

hero member

Activity: 574

Merit: 500

Quote from: Vladimir on August 16, 2012, 09:31:28 PM

On this forum I represent myself only unless I say specifically otherwise in some given post. Your stupid ad hominem attacks are transparent and clear.

With the signature as twice as big as your post you sound silly.

cypherdoc

legendary

Activity: 1764

Merit: 1002

unforeseen delays are way different than ponzi's.

Topic: BullShit Trust. It is the beginning of the end. - page 3. (Read 7176 times)