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Topic: I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 16. (Read 102982 times)

hero member
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But yeah still, I'm not continuing my Bitcoin Magazine subscription after this thing. I can't support behaviour like this.

I'll have to reconsider this as well. It's not only my subscription that will be affected though. The site I run is currently becoming a major reseller of Bitcoin Magazine in our country for both subscriptions and single issues. We have to reconsider the whole thing and if we quit it will hurt Bitcoin Magazine much more than a single subscription.

What difference would my bet make to your magazine? I must be missing something.
legendary
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But yeah still, I'm not continuing my Bitcoin Magazine subscription after this thing. I can't support behaviour like this.

I'll have to reconsider this as well. It's not only my subscription that will be affected though. The site I run is currently becoming a major reseller of Bitcoin Magazine in our country for both subscriptions and single issues. We have to reconsider the whole thing and if we quit it will hurt Bitcoin Magazine much more than a single subscription.
legendary
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While I don't think anybody in their right mind thought Matthew would honor his wager, I fail to see how this kind of interpretation could possibly avoid him earning a Scammer tag.  This is lower than the eBay scams for a picture of an item.

+1

I didn't even understand the implications of his interpretation first. He only sends 20 BTC to that address in question, which is his own address. So he ends up not paying anything to anyone, except 20 BTC to himself. A good scam, but it is a scam.

Previously just a troll, now a scammer as well. And this is the guy who is the chief editor for Bitcoin Magazine etc...
hero member
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tries to be funny...

... is NOT

There are some like me who never took any part in to these schemes, and I have to say that for a completely outsider it is pretty funny Cheesy

First funny thing was idiot people investing in pirate40 and believing him to deliver the 3300% annual ROI, after that people believing that Matthew would give money out for free. Hilarious Cheesy

But yeah still, I'm not continuing my Bitcoin Magazine subscription after this thing. I can't support behaviour like this.
sr. member
Activity: 546
Merit: 252
Proof-of-Stake Blockchain Network
To be honest, I am not really surprised.
Fortunately, I live in part of the world, where everyone is a scammer, until proven honest.

And although I am slightly amused by the butthurt you've inflicted upon this forum, it saddens me that estabilished memebers of the community are not more honest than casual scammers who try their luck here and there. I only hope that the theory about free market is right and the community ostracizes you and your shady business.
sr. member
Activity: 336
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1 btc
1N6GNq3JpFoFTWDMjkn1bXWEbTHiFuPZkf
On condition that a more than a 10% haircut is considered a default, regardless of creditor acquiesence.

Agreed.

According to your recent revelation, Matthew, I didn't format my bet properly. Why was it accepted?
legendary
Activity: 1750
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While I don't think anybody in their right mind thought Matthew would honor his wager, I fail to see how he could avoid earning a Scammer tag.  This is lower than the eBay scams for a picture of an item.
hero member
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There is no outs in his "interpretation".
Yep, no outs. IANAL but he knowingly made multiple fraudulent statements, upon which investors in BS&T relied to their financial detriment, having specifically advertised his fraudulent scheme to them with that explicit purpose. What's more, his antics right now are pretty good proof of intent to defraud.

I'm not terribly surprised he hasn't paid out; that's why I never bothered hedging my bet. What I am surprised by is him thinking that this gives him some kind of out.
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tries to be funny...

... is NOT
legendary
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As per my thread bet rules, I am posting double the amount that people wagered.

Post in this thread how much you're committing and I will double that amount you commit

The user   riX2000   wagered the number   15000   BTC   15000   doubled is   30000
The user   Namworld   wagered the number   10000   BTC   10000   doubled is   20000
The user   BrightAnarchist   wagered the number   6000   BTC   6000   doubled is   12000
The user   chungenhung   wagered the number   5000   BTC   5000   doubled is   10000
The user   SysRun   wagered the number   4800   BTC   4800   doubled is   9600
The user   ineededausername   wagered the number   5000   BTC   5000   doubled is   10000
The user   bitbotbut   wagered the number   3000   BTC   3000   doubled is   6000
The user   drakahn   wagered the number   3000   BTC   3000   doubled is   6000
The user   psy   wagered the number   2500   BTC   2500   doubled is   5000
The user   coin_toss   wagered the number   2000   BTC   2000   doubled is   4000
The user   evolve   wagered the number   2000   BTC   2000   doubled is   4000
The user   nazgulnarsil   wagered the number   1750   BTC   1750   doubled is   3500
The user   Ente   wagered the number   1440   BTC   1440   doubled is   2880
The user   ribuck   wagered the number   1250   BTC   1250   doubled is   2500
The user   CoinCidental   wagered the number   1000   BTC   1000   doubled is   2000
The user   Endgame   wagered the number   1000   BTC   1000   doubled is   2000
The user   Hexadecibel   wagered the number   1000   BTC   1000   doubled is   2000
The user   Micon   wagered the number   1000   BTC   1000   doubled is   2000
The user   Muis   wagered the number   1000   BTC   1000   doubled is   2000
The user   bitcoiners   wagered the number   1000   BTC   1000   doubled is   2000
The user   Drazic   wagered the number   800   BTC   800   doubled is   1600
The user   usagi   wagered the number   750   BTC   750   doubled is   1500
The user   mindphlux   wagered the number   628   BTC   628   doubled is   1256
The user   bdcs   wagered the number   500   BTC   500   doubled is   1000
The user   crosby   wagered the number   1000.42   BTC   1000.42   doubled is   2000.84
The user   MrTeal   wagered the number   500   BTC   500   doubled is   1000
The user   BinaryMage   wagered the number   500   BTC   500   doubled is   1000
The user   unclescrooge   wagered the number   450   BTC   450   doubled is   900
The user   theymos   wagered the number   438.8   BTC   438.8   doubled is   877.6
The user   elux   wagered the number   420   BTC   420   doubled is   840
The user   DoUHearThePeopleSing   wagered the number   400   BTC   400   doubled is   800
The user   uw   wagered the number   400   BTC   400   doubled is   800
The user   Oinsane1   wagered the number   350   BTC   350   doubled is   700
The user   jjiimm_64   wagered the number   333   BTC   333   doubled is   666
The user   FreeMoney   wagered the number   300   BTC   300   doubled is   600
The user   bitcoinBull   wagered the number   250   BTC   250   doubled is   500
The user   BTC guy   wagered the number   250   BTC   250   doubled is   500
The user   hgmichna   wagered the number   250   BTC   250   doubled is   500
The user   Philj   wagered the number   250   BTC   250   doubled is   500
The user   Eisenhower34   wagered the number   200   BTC   200   doubled is   400
The user   Belkaar   wagered the number   200   BTC   200   doubled is   400
The user   notme   wagered the number   200   BTC   200   doubled is   400
The user   bitfoo   wagered the number   200   BTC   200   doubled is   400
The user   honest bob   wagered the number   190   BTC   190   doubled is   380
The user   Come-from-Beyond   wagered the number   165   BTC   165   doubled is   330
The user   DBordello   wagered the number   150   BTC   150   doubled is   300
The user   Willowbitcoin   wagered the number   150   BTC   150   doubled is   300
The user   ianspain   wagered the number   140   BTC   140   doubled is   280
The user   EskimoBob   wagered the number   100   BTC   100   doubled is   200
The user   flower1024   wagered the number   100   BTC   100   doubled is   200
The user   1l1l11ll1l   wagered the number   100   BTC   100   doubled is   200
The user   bpd   wagered the number   100   BTC   100   doubled is   200
The user   coinrolls2   wagered the number   100   BTC   100   doubled is   200
The user   dust   wagered the number   100   BTC   100   doubled is   200
The user   russellw   wagered the number   100   BTC   100   doubled is   200
The user   BarnacleTsunami   wagered the number   100   BTC   100   doubled is   200
The user   SgtSpike   wagered the number   82   BTC   82   doubled is   164
The user   deslok   wagered the number   75   BTC   75   doubled is   150
The user   Anduck   wagered the number   50   BTC   50   doubled is   100
The user   conspirosphere.tk   wagered the number   50   BTC   50   doubled is   100
The user   Fredyy   wagered the number   50   BTC   50   doubled is   100
The user   moartr4dez   wagered the number   50   BTC   50   doubled is   100
The user   mp420   wagered the number   50   BTC   50   doubled is   100
The user   TheKoziTwo   wagered the number   50   BTC   50   doubled is   100
The user   ThiagoCMC   wagered the number   50   BTC   50   doubled is   100
The user   IveBeenBit   wagered the number   44   BTC   44   doubled is   88
The user   Scott J   wagered the number   70   BTC   70   doubled is   140
The user   Sp0tter   wagered the number   40   BTC   40   doubled is   80
The user   Maged   wagered the number   30   BTC   30   doubled is   60
The user   retep   wagered the number   25   BTC   25   doubled is   50
The user   sapoleon   wagered the number   25   BTC   25   doubled is   50
The user   Koooooj   wagered the number   20   BTC   20   doubled is   40
The user   makomk   wagered the number   20   BTC   20   doubled is   40
The user   nave   wagered the number   20   BTC   20   doubled is   40
The user   Rassah   wagered the number   20   BTC   20   doubled is   40
The user   uuidman   wagered the number   20   BTC   20   doubled is   40
The user   LittleShop   wagered the number   20   BTC   20   doubled is   40
The user   ultramancool   wagered the number   20   BTC   20   doubled is   40
The user   organofcorti   wagered the number   15   BTC   15   doubled is   30
The user   project10   wagered the number   15   BTC   15   doubled is   30
The user   muyuu   wagered the number   13.37   BTC   13.37   doubled is   26.74
The user   arij   wagered the number   1000   BTC   1000   doubled is   2000
The user   avidreader   wagered the number   10   BTC   10   doubled is   20
The user   burtan   wagered the number   10   BTC   10   doubled is   20
The user   CrazyBlane   wagered the number   10   BTC   10   doubled is   20
The user   ensign_lee   wagered the number   10   BTC   10   doubled is   20
The user   finway   wagered the number   10   BTC   10   doubled is   20
The user   ninjarobot   wagered the number   10   BTC   10   doubled is   20
The user   Projects   wagered the number   10   BTC   10   doubled is   20
The user   silverbox   wagered the number   10   BTC   10   doubled is   20
The user   vampire   wagered the number   10   BTC   10   doubled is   20
The user   Shadow383   wagered the number   7.5   BTC   7.5   doubled is   15
The user   BTCHero   wagered the number   6   BTC   6   doubled is   12
The user   totaleclipseofthebank   wagered the number   6   BTC   6   doubled is   12
The user   nimda   wagered the number   5   BTC   5   doubled is   10
The user   bg002h   wagered the number   5   BTC   5   doubled is   10
The user   dayfall   wagered the number   5   BTC   5   doubled is   10
The user   dreamwatcher   wagered the number   5   BTC   5   doubled is   10
The user   epetroel    wagered the number   5   BTC   5   doubled is   10
The user   eroxors   wagered the number   5   BTC   5   doubled is   10
The user   P4man   wagered the number   5   BTC   5   doubled is   10
The user   PsychoticBoy   wagered the number   5   BTC   5   doubled is   10
The user   ThePok   wagered the number   5   BTC   5   doubled is   10
The user   OneEyed   wagered the number   2   BTC   2   doubled is   4
The user   softwareseller   wagered the number   2   BTC   2   doubled is   4
The user   AndrewBUD   wagered the number   1   BTC   1   doubled is   2
The user   Coinoisseur   wagered the number   1   BTC   1   doubled is   2
The user   darkmule   wagered the number   1   BTC   1   doubled is   2
The user   Electricbees   wagered the number   1   BTC   1   doubled is   2
The user   Transisto   wagered the number   1   BTC   1   doubled is   2
The user   Le Happy Merchant   wagered the number   0.39114457   BTC   0.39114457   doubled is   0.78228914
The user   Ivica   wagered the number   0.1   BTC   0.1   doubled is   0.2


Thank you everyone for participating in this bet. It has certainly been a fun 3 weeks! Cheers.
legendary
Activity: 1022
Merit: 1000
very funny and certainly was expected but the scammer tag he has earned
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
This link right here gives his own voice saying he will pay out to bettors. Even Micon was told that over the phone:

http://www.donkdown.com/media/DDRadio-2012_08_22_19_00_07.mp3

There is no outs in his "interpretation".
hero member
Activity: 686
Merit: 564
Thanks to everyone who participated in this bet. It was a great social experiment for me to find out who my true friends were, and also to entertain the community (which is my true purpose on these forums and always will be). Unfortunately, it looks like I lost the bet. This means I'll need to pay out exactly as described in my original thread OP.

Many of the people betting were very careful to point out that others were ignorant and foolish to invest their money into Pirate without doing due diligence beforehand, so far as to call them shills, suckers, etc. This leads me to believe that the individuals betting in my bet are very wise with their money and would only bet if they carefully read and understood the rules of the bet. For this reason, I am confident that the very wise individuals betting in this thread will be satisfied with the very literal interpretation of my thread.

I will begin paying for my losses as outlined in the following rule:

If I lose the bet, you get 20BTC sent to that address (13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM). If you lose, you'll need to send 20BTC to my address.

I'll begin processing the payouts for each of the 112 betters in this spreadsheet immediately: https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

Please make sure to following along for your own record keeping purposes. I will update this thread with each payment as well. Thanks again!

And Matthew is indeed paying to http://blockchain.info/address/13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM

For the record, the reason we don't generally see this kind of trickery with contracts is that the courts take an exceedingly dim view of it. They do not interpret them in the way that Matthew is trying to do. Ever.

He will still lose 2240 BTC if he honors his silly interpretation but that's irrelevant. Scammer is a scammer.

Nope:

Quote
16:53 < _matthew_> Says something about "Sending to self"
16:53 < _matthew_> I don't know what that means
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
He needs a scammer tag for sure. Nobody could possibly have interpreted the original post in that way. It's beyond ridiculous.

He will still lose 2240 BTC if he honors his silly interpretation but that's irrelevant. Scammer is a scammer.
hero member
Activity: 504
Merit: 500
Thanks to everyone who participated in this bet. It was a great social experiment for me to find out who my true friends were, and also to entertain the community (which is my true purpose on these forums and always will be). Unfortunately, it looks like I lost the bet. This means I'll need to pay out exactly as described in my original thread OP.

Many of the people betting were very careful to point out that others were ignorant and foolish to invest their money into Pirate without doing due diligence beforehand, so far as to call them shills, suckers, etc. This leads me to believe that the individuals betting in my bet are very wise with their money and would only bet if they carefully read and understood the rules of the bet. For this reason, I am confident that the very wise individuals betting in this thread will be satisfied with the very literal interpretation of my thread.

I will begin paying for my losses as outlined in the following rule:

If I lose the bet, you get 20BTC sent to that address (13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM). If you lose, you'll need to send 20BTC to my address.

I'll begin processing the payouts for each of the 112 betters in this spreadsheet immediately: https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

Please make sure to following along for your own record keeping purposes. I will update this thread with each payment as well. Thanks again!


Technicality fail. If you wanted to pull a technicality it would not fly with your intended statement of literalness as you have just worded it. Because of the statement 'in this format', it is clear that the only thing the betters failed to do was to place their bets in 'code'bet info'/code'.

Next time you need a loophole just ask one of us lawyer types. IANAL though, so don't ask me. I just play one in that RL thing we hear about every so often..
hero member
Activity: 840
Merit: 1000
Thanks to everyone who participated in this bet. It was a great social experiment for me to find out who my true friends were, and also to entertain the community (which is my true purpose on these forums and always will be). Unfortunately, it looks like I lost the bet. This means I'll need to pay out exactly as described in my original thread OP.

Many of the people betting were very careful to point out that others were ignorant and foolish to invest their money into Pirate without doing due diligence beforehand, so far as to call them shills, suckers, etc. This leads me to believe that the individuals betting in my bet are very wise with their money and would only bet if they carefully read and understood the rules of the bet. For this reason, I am confident that the very wise individuals betting in this thread will be satisfied with the very literal interpretation of my thread.

I will begin paying for my losses as outlined in the following rule:

If I lose the bet, you get 20BTC sent to that address (13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM). If you lose, you'll need to send 20BTC to my address.

I'll begin processing the payouts for each of the 112 betters in this spreadsheet immediately: https://docs.google.com/spreadsheet/ccc?key=0Ajtx05YrHtIydFVHcGxLOExTbnhqajJLZmlSZUNtM3c&pli=1#gid=0

Please make sure to following along for your own record keeping purposes. I will update this thread with each payment as well. Thanks again!


Mathew,
The rule was "Post in this thread how much you're committing and I will double that amount you commit (maximum of 10,000BTC in bets allowed in this thread total) if Pirate does not pay out in 3 weeks as he described in his thread. "

What you quote is part of the example you gave.
member
Activity: 100
Merit: 10
[insult]IDIOT[/insult]
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