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Topic: How much BTC have you lost out on because you listened to Vandroiy? (Read 5001 times)

full member
Activity: 206
Merit: 100
How much this week?   Tongue
Ok, according to my spreadsheet I would have been up ~81 BTC had I not pulled out when Vandroiy started crying wolf.  I think I may put some back in and let it ride til new years eve.  

How'd that work out?

Anyone want to start a "Thank you Vandroiy" thread?
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
if there was an unlimited supply ,coin value would be a more important  factor

since the supply is capped at 21 mil ,you would be in a far stronger position
with 2000 than 1000

effectively owning twice as much of the economy
hero member
Activity: 518
Merit: 500
At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Whoosh! Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40. Wink

what have $$ got to do with it??

I agree with psy, better to have 2000BTC than 1000BTC
legendary
Activity: 1358
Merit: 1002
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40.

I don't know. The only way I see it is: better to have 2000 BTC than 1000 BTC.
legendary
Activity: 1458
Merit: 1006
At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?

Whoosh! Better to have 2000 bitcoins at $7.7 than 1000 bitcoins at $15.40. Wink
legendary
Activity: 1358
Merit: 1002
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.

Why? Don't you believe in the value of Bitcoin?
donator
Activity: 1419
Merit: 1015
Sorry for the slight necro, but I did a search on "lost Bitcoin". At least those of us with our BTC can sell it right now... And we owe Vandroiy our gratitude, even if it will likely cost him 5000 BTC when everyone ultimately gets paid.
full member
Activity: 206
Merit: 100
Since bitcoin is not legally  a currency yet  nobody will likely  investigate so there may be many more successful payoffs before it collapses (if pirate is lying  to everyone and the interest is coming from illigitmate  means  )

Early adopters  cashing out arguably  helps the ones who stay in since there is less people to distribute the money deposited from the new people with

my 0.02 Smiley

While it is true that early adopters can win in a Ponzi scheme, it is not true that cashing out helps prolong the scheme. Cashouts take their principal, and when money flowing out exceeds money flowing in, it is rational for the scammer to default.

You're also right that Ponzi schemes can last for a long time.  One one Second Life lasted over two years. http://secondthoughts.typepad.com/second_thoughts/2007/08/ginkos-goinggoi.html 

But schemes don't normally have interest rates this insane. For example, "only" 1% per week is the typical payout of a Ponzi scheme. The ridiculously high rate of Pirate's Ponzi makes it especially susceptible to cash-outs. Given the noticeable decline in the "investment" on, for example, PPT markets, I think it's fair to say we're very close to the endgame right now.

Honestly, I think "investors" posting in threads like these are cynically hoping that Pirate catches enough more suckers that they can be one of the winners.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
Own it.  You would have been up 81BTC if you hadn't been gullible and easily swayed by someone's rhetoric.  I bet you bought a Tamagotchi, a Tickle Me Elmo, and a Furby, didn't you?

Stop blaming Vanderlay, Pirate, or anyone else for your stupid decisions.  You'll be a victim all your life.  Own that you are stupid.  Look in the mirror each morning and say,"I lost the opportunity to make ≥USD700 because I am stupid, wishy-washy, and easily influenced."
That probably sounded better in your head, didn't it?
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
How much this week?   Tongue
Ok, according to my spreadsheet I would have been up ~81 BTC had I not pulled out when Vandroiy started crying wolf.  I think I may put some back in and let it ride til new years eve.  
legendary
Activity: 1386
Merit: 1004
How much this week?   Tongue

Dunno yet, but I'll post up tomorrow morning.  Who knows, maybe one of these weeks I'll be posting "THANK YOU VANDROIY for saving my ass!"  Like I said, I planned on getting out at the end of July anyway, so we'll see how it turns out next Tuesday morning.

I have a feeling after a number of people meet him next weekend in Vegas, a lot of confidence will be put back into BCST.  But let's see.

It will be very interesting.  That to me is the end game if it is a scam, and if it is not, basically we should know by people meeting him and the continued payouts. 

By the way, if he changed (dropped) interest rates and sent back many deposits I would not consider that a scam. 
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
How much this week?   Tongue

Dunno yet, but I'll post up tomorrow morning.  Who knows, maybe one of these weeks I'll be posting "THANK YOU VANDROIY for saving my ass!"  Like I said, I planned on getting out at the end of July anyway, so we'll see how it turns out next Tuesday morning.
legendary
Activity: 966
Merit: 1003
Uncle reeses will never steer you wrong.
So do I buy or sell?

You should buy cheesy poofs.  And then increase the scarcity of the CP market by eating them, removing them from circulation.

Wash your hands before typing unless you have cheesy poof tongs or cheesy poof gloves.

Dude.. embrace the cheesy poofness, just let that shit get everywhere!!
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Uncle reeses will never steer you wrong.
So do I buy or sell?

You should buy cheesy poofs.  And then increase the scarcity of the CP market by eating them, removing them from circulation.

Wash your hands before typing unless you have cheesy poof tongs or cheesy poof gloves.

For everybody who cashed out of pirates deal in a blind panic  ,think about what your losing  on sitting on the coins  now

i have reasonable assets invested with pirate and his sub investors and have  enough confidence he can pull it off for some time more  ,even if he drops the rates a bit

if i was sitting on my coins ,i would miss a nice payday every week

and its more interesting to watch history in motion when you have some vested interest in it

even if it does turn out to be a ponzi scheme ,they can run for a long time (even in the real world with real currency and regulations  )

 Since bitcoin is not legally  a currency yet  nobody will likely  investigate so there may be many more successful payoffs before it collapses (if pirate is lying  to everyone and the interest is coming from illigitmate  means  )

Early adopters  cashing out arguably  helps the ones who stay in since there is less people to distribute the money deposited from the new people with

my 0.02 Smiley
legendary
Activity: 1458
Merit: 1006
How much will you bescurvied boatswain lose if you don't listen to Vandroiy?

Ponzi is a hell of a drug. That's sorta why it works.

The exhilarating ride to glory! Bounty beyond imagination! The thrill! The rush!

Can this ship sail for another year? Every midshipman and sailor shall be a millionaire!

Yet in this thralling dream, you somehow know, the final port is that of ruin and despair.
legendary
Activity: 1736
Merit: 1006

Yeah, I put a sizable chunk of my BTC into Litecoins, which promptly tanked and lost 40% value.  lol FML.  Fucking Vandroiy.  I should have stayed with Pirate.


Bro.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
He didn't say he would steer you at all, either. Grin
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
Uncle reeses will never steer you wrong.
So do I buy or sell?
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
I lost millions by following Vandroiy's advice not to play the state lottery. Angry
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.

*cough* pastperformanceisnotanindicationoffutureresults *cough*
That's entirely irrelevant. Pirate DID pay last Monday, so anyone who didn't have coins with him missed out on the interest.
legendary
Activity: 2618
Merit: 1007
As I said, the MMM ponzi has paid out every time so fasr as well and they have far superior interest rates even to pirate - you lost much more by not "investing" there!
full member
Activity: 237
Merit: 100
I lost millions by following Vandroiy's advice not to play the state lottery. Angry
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.

*cough* pastperformanceisnotanindicationoffutureresults *cough*
sr. member
Activity: 336
Merit: 250
I pulled out when the flamewar broke out. I haven't once considered going back in. I just hate losing sleep over it.
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
I lost millions by following Vandroiy's advice not to play the state lottery. Angry
There's no guarantee you would have won the lottery. However we have historical evidence that Pirate payed out last Monday.
full member
Activity: 185
Merit: 100
I lost millions by following Vandroiy's advice not to play the state lottery. Angry
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
So far I'm out a total of ~52 BTC because I pulled out.  Today's dividend went through flawlessly, as usual.  Thanks Vandroiy!

For the record, I planned on getting out anyway at the end of July.
legendary
Activity: 1834
Merit: 1020
I already know it's possible to make 7% on deposits legitimately.

Why run a ponzi paying 7% when you can run a legit business paying 7%?

Gotta love the extra cash flow  Cool
legendary
Activity: 1358
Merit: 1002
I just bought some cheap bonds at 1 BTC, but decision point comes later at the end of this month. The question is if this trust account setup is not the last attempt to lure investors and take/steal as much BTC as possible before pirate shuts down the operation and defaults  Grin

Dude, he's not going anywhere.  Pirates here to make this community a better place.

STFU The less people who deposit the better. maybe he'll have to raise the interest rates Wink Grin
sr. member
Activity: 350
Merit: 257
Trust No One
I just bought some cheap bonds at 1 BTC, but decision point comes later at the end of this month. The question is if this trust account setup is not the last attempt to lure investors and take/steal as much BTC as possible before pirate shuts down the operation and defaults  Grin
full member
Activity: 237
Merit: 100
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.

Yeah, that's true.  But missing out on 25 BTC this week, plus LTC tanking... it helps if I have someone to blame.  So if I walk out to my car after work today and it has a flat tire, damn skippy I'm blaming Vandroiy lol

Fair enough. Wink
sr. member
Activity: 388
Merit: 250
Every time I saw a post from Van I went and put more coins with Pirate. Thanks to those that sold tygrr PPT low, and the various pass through operators.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.

Yeah, that's true.  But missing out on 25 BTC this week, plus LTC tanking... it helps if I have someone to blame.  So if I walk out to my car after work today and it has a flat tire, damn skippy I'm blaming Vandroiy lol
full member
Activity: 237
Merit: 100
It's hard to evaluate. On the one hand, you "missed out" on 25 BTC. On the other hand, if Pirate were to default this week (say, Friday) and you were out your principle (350+ BTC) you'd really be wishing you had withdrawn. Same goes for one week, two weeks, three weeks from now... So in the end, it is akin to gambling.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.

So does that mean your out for good?

Not necessarily.  Out for now though.

Don't listen to the fud.  There's money to be made.

Yeah, I put a sizable chunk of my BTC into Litecoins, which promptly tanked and lost 40% value.  lol FML.  Fucking Vandroiy.  I should have stayed with Pirate.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.

So does that mean your out for good?

Not necessarily.  Out for now though.
legendary
Activity: 2618
Merit: 1007
In other news: If you "invested" in MMM instead, you'd have earned even more than 25 BTC! Roll Eyes

Edit:
Please take your frustration elsewhere by the way.
If I had "invested" in pirate's "bank" earlier on, I'd have a lot more than 25 BTC more currently. I didn't. That's life.

Stand behind your own decisions and don't blame others!
legendary
Activity: 1834
Merit: 1019
either your principal could disappear anytime or you could get 25 bitcoins/week :p

sounds like roulette!
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
So far, I've missed out on ~25BTC that I would have received today because I pulled out last week.
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