Its not looking worse than 2 weeks ago, in fact, if anything prospects of pirate actually somehow paying out imo look slightly better than they did two weeks ago. But then I have to say, I always assumed it was a ponzi, so better doesnt mean very good
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What has changed recently? Primarily the perception that this is indeed a ponzi by a lot of people who thought otherwise until now, debasing the value of pirate debt and allowing pirate believers to snap it up at a huge discount. That is all that has really changed. The mathematical near impossibility of producing 7% per week ROI is not different from last month.
But Pirate is still within his announced 1-2 weeks window, still hasnt lost his 5000 BTC bet, is still running and paying out gpumax..
He and his believers have every interest in making you believe he wont pay. I already assumed that 6 months ago, so he isnt changing my mind, but if you thought Pirate was the real deal 2 weeks ago, I suggest you keep thinking that for another week, because odds have not changed. When his 2 week deadline has passed and he lost his 5000 BTC bet and Matthew (his backer) lost his 10000 BTC bet, then Id say the odds are changing.
