I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 20.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: dree12 on August 23, 2012, 01:00:17 PM

Quote from: Rassah on August 23, 2012, 12:58:17 PM

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not back by anything, and basically be like fiat currency?

Worse than fiat currency, because they are backed by entirely nothing (not even the force of the government) and run the risk of being delisted, effectively removing its value as a store of value. Imagine money that not only nobody wants, but may also disappear whenever.

Isn't the GLBSE fantastic? I'd trust it with my Life.....cereal.

dree12

legendary

Activity: 1246

Merit: 1077

Quote from: Rassah on August 23, 2012, 12:58:17 PM

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not back by anything, and basically be like fiat currency?

Worse than fiat currency, because they are backed by entirely nothing (not even the force of the government) and run the risk of being delisted, effectively removing its value as a store of value. Imagine money that not only nobody wants, but may also disappear whenever.

Rassah

legendary

Activity: 1680

Merit: 1035

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P
It is a bond worth 1BTC stake in BS&T.
Since Pirate has defaulted the bonds are not currently being bought back and are priced around 0.6-0.7BTC
But if Pirate repays then the bond will return to 1 BTC.

Just out of curiosity, if Pirate does default, will those bonds become not backed by anything, and basically be like fiat currency?

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: Oinsane1 on August 23, 2012, 12:01:52 PM

bet 350 btc
1DQSai4K5R6bVhBSB7X3C7PWUVpByT7PpQ

with agreed to terms by both parties... and credit established by myself

Acknowledged.

Oinsane1

newbie

Activity: 42

Merit: 0

bet 350 btc
1DQSai4K5R6bVhBSB7X3C7PWUVpByT7PpQ

with agreed to terms by both parties... and credit established by myself

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: Gyrsur on August 23, 2012, 11:43:19 AM

ok, will leave this behind if the whole pirate show is over... good luck to all which are involved! and for next month after this please a little more calm here and good vibes please!

EDIT: but anyway you are very well networked! Roll Eyes

Pirate show is almost over I believe, but I reserved the 3 weeks grace period just in case. Good havin' you mate. Cheers.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

ok, will leave this behind if the whole pirate show is over... good luck to all which are involved! and for next month after this please a little more calm here and good vibes please!

EDIT: but anyway you are very well networked! Roll Eyes

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: Gyrsur on August 23, 2012, 11:37:09 AM

Quote from: Matthew N. Wright on August 23, 2012, 11:32:28 AM

Quote from: MrTeal on August 23, 2012, 11:29:45 AM

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.

Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

this guy here? Wink

http://www.satoshisuperstars.com/rassah/

Yes. I was on Satoshi Superstars too. Stop bringing attention to my behind the scenes links with everyone on this giant collusion of a scam that I have obviously perpetrated. You're ruining everything!

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

Quote from: Matthew N. Wright on August 23, 2012, 11:32:28 AM

Quote from: MrTeal on August 23, 2012, 11:29:45 AM

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.

Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

this guy here? Wink

http://www.satoshisuperstars.com/rassah/

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: MrTeal on August 23, 2012, 11:29:45 AM

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.

Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

Thank you for the offer (and yes it was keeping me up at night), Rassah is already doing a fine job of organizing them independently to match against my sloppy records. For the record.

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

The bonds are being artificially raised in price as a hedge to cover the MNW bets, IMO. As someone here mentioned and as I'm many others have done, if you can get bonds below 0.5 you can effectively have a no risk bet on the possibility of Pirate default.

It doesn't protect against the possibility of MNW not paying anyone, of course.

Matthew, it seems these bets must be getting quite burdensome to handle. Do you need any partners to take in the bets in trust, nicely format them and then pass them through to you?

muyuu

donator

Activity: 980

Merit: 1000

Quote from: mooseman99 on August 23, 2012, 11:04:27 AM

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

That's worse return than a bet at evens. I'd escrow bets at evens here between any two parties, 1% or 1BTC fee whichever is lower. :p

mooseman99

newbie

Activity: 50

Merit: 0

Just wanted to point out to anyone interested, not sure if it's been mentioned in this thread already

If you're betting that Pirate will pay out, you can invest in https://glbse.com/asset/view/TYGRR.BOND-P

It is a bond worth 1BTC stake in BS&T.

Since Pirate has defaulted the bonds are not currently being bought back
(https://bitcointalksearch.org/topic/p-82573)
and are priced around 0.6-0.7BTC

But if Pirate repays then the bond will return to 1 BTC.

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: SgtSpike on August 23, 2012, 10:21:56 AM

Quote from: coinrolls2 on August 23, 2012, 05:17:52 AM

I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.

CR

I'll escrow it for you, no charge. Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30).

Acknowledged.

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: coinrolls2 on August 23, 2012, 05:17:52 AM

I'd like to place a 100BTC bet, if a trusted member is willing to act as an escrow agent.

CR

I'll escrow it for you, no charge. Send me a PM, or just send it to my public firstbits address, and I'll up my own bet to 130 BTC (from 30).

Matthew N. Wright

hero member

Activity: 588

Merit: 500

Hero VIP ultra official trusted super staff puppet

Quote from: elux on August 23, 2012, 10:04:26 AM

Quote from: Matthew N. Wright on August 23, 2012, 07:15:27 AM

In light of recent news that pirate has indeed paid out one individual (and 2 reported although unconfirmed), I am even more confident that I will indeed win this bet as I had originally hoped. I've decided to raise the maximum bet to 1,000BTC per person.

Code:

300 BTC
1B2ChfKWKDvEzhaxQBE1hVaw8a7c93qTkC
μολὼν λαβέ

Accepted. ἀφαιρετικός.

elux

legendary

Activity: 1458

Merit: 1006

Quote from: Matthew N. Wright on August 23, 2012, 07:15:27 AM

In light of recent news that pirate has indeed paid out one individual (and 2 reported although unconfirmed), I am even more confident that I will indeed win this bet as I had originally hoped. I've decided to raise the maximum bet to 1,000BTC per person.

Code:

300 BTC
1B2ChfKWKDvEzhaxQBE1hVaw8a7c93qTkC
μολὼν λαβέ

coin_toss

member

Activity: 117

Merit: 10

Quote from: Draino on August 23, 2012, 08:24:43 AM

you know, taking this bet is probably a good idea

since there's a timeline involved

yeah its a great idea, until all your money goes down the drain Grin

Draino

full member

Activity: 168

Merit: 100

you know, taking this bet is probably a good idea

since there's a timeline involved

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: jamesg on August 23, 2012, 08:16:08 AM

Quote from: Matthew N. Wright on August 23, 2012, 07:43:27 AM

What don't you get about "I have no affiliation, connections, agreements, collusion, investments, interest, sexual experiences or shared offspring with pirateat40 aka Trendy Shavings."

Matthew is actually colluding with me.... Kiss

Suckers!

Uh huh. He shares offspring with me. Well, shared DNA clones, anyway.

Topic: I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 20. (Read 102982 times)