I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 12.

coinft

full member

Activity: 187

Merit: 100

Quote from: trentzb on September 09, 2012, 12:20:38 PM

When a party declined his request to follow a specific format and submitted an alternate format he should never agreed to that alternate format. By agreeing to the alternate format he vitiated his original offer. Whether "that" address was in his previous offer is moot. "that" address becomes the agreed upon submission.

Exactly my line of thinking.

Quote from: trentzb on September 09, 2012, 12:20:38 PM

I believe that any submission where he specifically accepted or agreed, he would be liable for the terms, if this matter went to a court. He would additionally be liable for any arbitrary conditions placed in the "Optional comment" section of the submission.

The only problem is, courts could decline to judge a gentlemen's bet. However those who tried to hedge against pirate's default, and which Matt knew by his own admission, might claim damages by willfully leading them on. Who knows, maybe Matt tried to corner the debt market himself, which would lead this into outright fraud territority and liability.

IANAL

greyhawk

hero member

Activity: 952

Merit: 1009

EDIT: retracted

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: Grix on September 09, 2012, 12:25:12 PM

Please don't let this affect Bitcoin Magazine. The magazine itself is an excellent contribution to the community and huge advertising for bitcoin. Don't let one person's mistakes ruin the whole thing. I'm sure Vladimir will exclude Matthew from any further involvement.

Merely excluding him from further involvement is insufficient IMHO. If Matt has any equity stake he should be bought out. However that may simply not be possible depending on the legal structure of the entity.

dust

hero member

Activity: 840

Merit: 1000

I made my bet back when pirate debt was trading at ~75% of its face value, and got 2.5:1 odds, so I was making an even and fair bet at the time. I did not pile on thousands of more btc when it was obvious I would "win", because it sounded too good to be true.

I purchased insurance from CPA in the case that matthew did not pay out. I also promised to buy a bitcoin magazine if I won, a term I will still honor if I receive my coins through the insurance.

jwzguy

hero member

Activity: 868

Merit: 1002

Quote from: Grix on September 09, 2012, 12:25:12 PM

Please don't let this affect Bitcoin Magazine. The magazine itself is an excellent contribution to the community and huge advertising for bitcoin. Don't let one person's mistakes ruin the whole thing. I'm sure Vladimir will exclude Matthew from any further involvement.

Matthew's destructive and childish behavior has affected Bitcoin Magazine since day 1. This latest bunch of horseshit is just getting more attention than usual.

Grix

hero member

Activity: 536

Merit: 500

Please don't let this affect Bitcoin Magazine. The magazine itself is an excellent contribution to the community and huge advertising for bitcoin. Don't let one person's mistakes ruin the whole thing. I'm sure Vladimir will exclude Matthew from any further involvement.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: CoinCidental on September 09, 2012, 12:22:55 PM

Quote from: bitcoiners on September 09, 2012, 12:15:04 PM

Quote from: DeathAndTaxes on September 09, 2012, 12:11:32 PM

Quote from: Vladimir on September 09, 2012, 12:01:26 PM

I will make a statement regarding this matter on behalf of Bitcoin Magazine and it's publisher Bittalk Media Ltd.

However, please do allow me some time to consult all the affected stakeholders. It might take a few days.

Understood and prudent.

I don't understand and this is not prudent, this was 3 weeks in the making. I would have had a contingency plan from the get go.

This does not reflect well for them. The longer it takes the worse it gets. Period.

And ban Matt from the forums.

regardless ,of whether their are other shareholders in the magazine

it helped matthew legitimise this scam by being their "Editor in chief " of bitcoin magazine and also a staff member of bitcointalk so he was in effect a figure people thought they could trust
i wont be buying one ever and if i find out any more businesses hes involved in i will
blacklist those as well

Keep an eye out on the Ellet. He is involved with that.

Me too. As long as he is a part of BTC mag I will never buy a copy nor refer another to buy.

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: smoothie on September 09, 2012, 12:20:49 PM

Quote from: jwzguy on September 09, 2012, 12:19:18 PM

This interview with Matt is hilarious so far.

"I'm not going to try and finagle anything with legalease...I'm not going to try and screw anyone over."

"The community has a way of jumping down people's throat without any sort of evidence." - kind of like he does constantly?

Yes he is exactly the opposite of what he says he is against and also the exact problem he identifies.

Like I said yesterday, MNW is a hypocrite of the highest order.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: bitcoiners on September 09, 2012, 12:15:04 PM

Quote from: DeathAndTaxes on September 09, 2012, 12:11:32 PM

Quote from: Vladimir on September 09, 2012, 12:01:26 PM

I will make a statement regarding this matter on behalf of Bitcoin Magazine and it's publisher Bittalk Media Ltd.

However, please do allow me some time to consult all the affected stakeholders. It might take a few days.

Understood and prudent.

I don't understand and this is not prudent, this was 3 weeks in the making. I would have had a contingency plan from the get go.

This does not reflect well for them. The longer it takes the worse it gets. Period.

And ban Matt from the forums.

regardless ,of whether their are other shareholders in the magazine

it helped matthew legitimise this scam by being their "Editor in chief " of bitcoin magazine and also a staff member of bitcointalk so he was in effect a figure people thought they could trust
i wont be buying one ever and if i find out any more businesses hes involved in i will
blacklist those as well

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: trentzb on September 09, 2012, 12:20:38 PM

Is it time to take bets on whether MW would lose a case at judge.me or in RL court? I don't gamble but I am confident he would lose his argument in a RL court and likely at judge.me.

His mistake was accepting and agreeing to renegotiation of his initial offer. His initial offer as I see was simply a request, not a requirement...

To make your bets easier to read, please stick to the following format:

Code:

20BTC
13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM
Optional comment

When a party declined his request to follow a specific format and submitted an alternate format he should never agreed to that alternate format. By agreeing to the alternate format he vitiated his original offer. Whether "that" address was in his previous offer is moot. "that" address becomes the agreed upon submission.

I believe that any submission where he specifically accepted or agreed, he would be liable for the terms, if this matter went to a court. He would additionally be liable for any arbitrary conditions placed in the "Optional comment" section of the submission.

IMHO

Yeah technically

bitcoinBull

legendary

Activity: 826

Merit: 1001

rippleFanatic

Quote from: Matthew N. Wright on September 09, 2012, 11:48:26 AM

I already paid 20 BTC for each entry as described in the bet thread. I'm not quite sure what you're talking about.

MrTeal

legendary

Activity: 1274

Merit: 1004

I hate to be a "told you so" guy, but people were trying to warn other people that relying on Matthew to pay out as a strategy to hedge their Pirate debt or as a guaranteed moneymaking option was a bad idea. I put the odds of Matthew paying out at 10%, and that was when the bet was still at 10k. Is Matthew a scummy fuck? Yes. Is his interpretation of his OP indefensible? Yes. Should everyone have seen this coming? Once the bet started creeping up to 20k, probably.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: jwzguy on September 09, 2012, 12:19:18 PM

This interview with Matt is hilarious so far.

"I'm not going to try and finagle anything with legalease...I'm not going to try and screw anyone over."

"The community has a way of jumping down people's throat without any sort of evidence." - kind of like he does constantly?

Yes he is exactly the opposite of what he says he is against and also the exact problem he identifies.

trentzb

sr. member

Activity: 406

Merit: 251

Is it time to take bets on whether MW would lose a case at judge.me or in RL court? I don't gamble but I am confident he would lose his argument in a RL court and likely at judge.me.

His mistake was accepting and agreeing to renegotiation of his initial offer. His initial offer as I see was simply a request, not a requirement...

To make your bets easier to read, please stick to the following format:

Code:

20BTC
13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM
Optional comment

When a party declined his request to follow a specific format and submitted an alternate format he should never agreed to that alternate format. By agreeing to the alternate format he vitiated his original offer. Whether "that" address was in his previous offer is moot. "that" address becomes the agreed upon submission.

I believe that any submission where he specifically accepted or agreed, he would be liable for the terms, if this matter went to a court. He would additionally be liable for any arbitrary conditions placed in the "Optional comment" section of the submission.

IMHO

jwzguy

hero member

Activity: 868

Merit: 1002

This interview with Matt is hilarious so far.

"I'm not going to try and finagle anything with legalease...I'm not going to try and screw anyone over."

"The community has a way of jumping down people's throat without any sort of evidence." - kind of like he does constantly?

"We want it to be productive, we want to create things...you can discuss businesses but you can't harass people" - harass? You mean what he has done over and over? I've only tried to make one business related venture here, (and barely that, since it was a non-profit grou-buy), and Matthew shit all over it with completely unfounded and irrelevant bullshit until it was dead.

I hope there is a way to remove this cancer from our "community" as soon as possible.

OneEyed

full member

Activity: 154

Merit: 100

Quote from: michaelmclees on September 09, 2012, 12:12:26 PM

At some point, a scammer is going to find himself having scammed someone who isn't afraid of violence and has access to a couple grand in airfare. It isn't a question of if, it's a question of when.

Come on, this is not going to happen. Look at pirateat40, have you had any report of him being tracked down, or even of any legal documents being filed against a John Doe for theft? Nobody in the US seems to be willing to do anything against scammers.

The next scam will make everyone forget Matthew N. Wright, while himself made people forget about pirateat40.

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: bitcoiners on September 09, 2012, 12:15:04 PM

And ban Matt from the forums.

He and his descendents for 7 generations

bitcoiners

sr. member

Activity: 322

Merit: 250

Quote from: DeathAndTaxes on September 09, 2012, 12:11:32 PM

Quote from: Vladimir on September 09, 2012, 12:01:26 PM

I will make a statement regarding this matter on behalf of Bitcoin Magazine and it's publisher Bittalk Media Ltd.

However, please do allow me some time to consult all the affected stakeholders. It might take a few days.

Understood and prudent.

I don't understand and this is not prudent, this was 3 weeks in the making. I would have had a contingency plan from the get go.

This does not reflect well for them. The longer it takes the worse it gets. Period.

And ban Matt from the forums.

finkleshnorts

sr. member

Activity: 336

Merit: 250

Quote from: CoinCidental on September 09, 2012, 12:12:15 PM

absolutely no reason why he shouldnt be perma-banned for this scam
the sooner the better

Completely agree. His is a worthless voice on the forum (and always has been).

P.S. I stopped believing he would pay out once his bet started creeping up past 10,000. I had pm'd people about that.

jwzguy

hero member

Activity: 868

Merit: 1002

Quote from: ianbakewell on September 09, 2012, 12:10:12 PM

Quote from: Portnoy on September 09, 2012, 12:05:17 PM

Now that the self-important scumbag has lost will he now STFU?

No way.
We got a week and a half of that, "wanna bet" shit out of his mouth
Now we get a month of "I followed through, you are all dumb"

You don't have to...use that Ignore button.

Topic: I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 12. (Read 102982 times)