Matthew, you're going to get hurt here.
I'll increase my bet from 10 to 20 BTC if you still haven't realized how bad of an idea this is.
Topic: I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 45. (Read 102982 times)
August 20, 2012, 08:23:29 PM
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 07:09:19 PM
2 BTC
1PsVebpFgxzf3sPrn7ViLv9uXL2gQgvicD
1PsVebpFgxzf3sPrn7ViLv9uXL2gQgvicD
I mean it might take longer to become a forum staff member if one has once worn that label.
Approved.
August 20, 2012, 07:07:02 PM
2 BTC
1PsVebpFgxzf3sPrn7ViLv9uXL2gQgvicD
1PsVebpFgxzf3sPrn7ViLv9uXL2gQgvicD
I mean it might take longer to become a forum staff member if one has once worn that label.
August 20, 2012, 06:32:24 PM
Matthew: Did you invest with Pirate?
No, I would never invest in Pirate. I find it highly risky and completely lacking in any transparency whatsoever. I would warn others to not put any money into non-transparent, unresearched endeavors like Pirate as well unless they have money to lose.
See this thread
https://bitcointalksearch.org/topic/who-do-you-think-matthews-backer-is-for-the-10k-btc-bet-102072
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 06:31:46 PM
Matthew: Did you invest with Pirate?
No, I would never invest in Pirate. I find it highly risky and completely lacking in any transparency whatsoever. I would warn others to not put any money into non-transparent, unresearched endeavors like Pirate as well unless they have money to lose.
Please read the OP.
August 20, 2012, 06:29:53 PM
Matthew: Did you invest with Pirate?
No, I would never invest in Pirate. I find it highly risky and completely lacking in any transparency whatsoever. I would warn others to not put any money into non-transparent, unresearched endeavors like Pirate as well unless they have money to lose.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 06:28:25 PM
Matthew: Did you invest with Pirate?
No, I would never invest in Pirate. I find it highly risky and completely lacking in any transparency whatsoever. I would warn others to not put any money into non-transparent, unresearched endeavors like Pirate as well unless they have money to lose.
August 20, 2012, 06:03:21 PM
And you take it until the bet ends?? 
Say he hasn't paid on day 20. You still take bets? that's insane.
If I were you, I'd stop taking new bets at least a week earlier than the 3 weeks resolution time.
Say he hasn't paid on day 20. You still take bets? that's insane.
If I were you, I'd stop taking new bets at least a week earlier than the 3 weeks resolution time.
Nah. I'm firm on this one.
But neither can this.
August 20, 2012, 06:02:30 PM
Can I safely wait?
From the OP:
Quote
I reserve the right to lock this thread and stop accepting additional bets at any time. All existing bets in the thread will still be honored regardless.
So it looks obvious that if you wait you may lose your chance to bet.
I agree that couldn't possibly be more clear.
August 20, 2012, 05:55:58 PM
In all seriousness, what is the mechanism that will force the losing party to pay?
If there is one in place, I'd like to place a wager, but I can't rely on faith (nor would I expect you to) to get paid.
If there is one in place, I'd like to place a wager, but I can't rely on faith (nor would I expect you to) to get paid.
IIRC someone who welched would be labeled a scammer on the forum. Nobody would risk that for any amount of money would they? I mean it might take longer to become a forum staff member if one has once worn that label.
August 20, 2012, 05:48:31 PM
Matthew: Did you invest with Pirate?
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 05:44:34 PM
10BTC
19VHEa9aUrhcGxXyujNajpn1FPJmV4YB6T
What the hell
19VHEa9aUrhcGxXyujNajpn1FPJmV4YB6T
What the hell
Accepted! Welcome aboard the pirate ship, with tickets starting as low as 0.1BTC.
August 20, 2012, 05:39:01 PM
10BTC
19VHEa9aUrhcGxXyujNajpn1FPJmV4YB6T
What the hell
19VHEa9aUrhcGxXyujNajpn1FPJmV4YB6T
What the hell
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 05:31:01 PM
But then this.
So which is it?
Can I safely wait?
I may stop the betting for various reasons. I reserve that right since I'm holding all the liabilities here for quite a large number of bitcoins. That said, I do not plan on closing it until the bet is over. Take it for what's it worth and get in now if you want.
August 20, 2012, 04:49:27 PM
I'm going to wait till at least day 20 before i bet
me too
That is what the OP says.
And you take it until the bet ends??
Say he hasn't paid on day 20. You still take bets? that's insane.
If I were you, I'd stop taking new bets at least a week earlier than the 3 weeks resolution time.
Say he hasn't paid on day 20. You still take bets? that's insane.
If I were you, I'd stop taking new bets at least a week earlier than the 3 weeks resolution time.
Nah. I'm firm on this one.
But then this.
So which is it?
Can I safely wait?
August 20, 2012, 04:47:32 PM
In all seriousness, what is the mechanism that will force the losing party to pay?
If there is one in place, I'd like to place a wager, but I can't rely on faith (nor would I expect you to) to get paid.
If there is one in place, I'd like to place a wager, but I can't rely on faith (nor would I expect you to) to get paid.
August 20, 2012, 04:33:44 PM
If he doesnt come through, you're most welcome to point and laugh at me. However you'll do so while I'm on my pirate funded 2 week holiday in the sun, playing my new Les Paul Supreme. I'll survive
So... you'll be taking a vacation, using funds stolen from others in a scam? Not saying you should return the money should that turn out to be true, just that you should keep it in mind.
Ooh you're a little smartypants aren't you! Let's not forget that my own money will be lost along with everyone else's, so if it makes you feel better you can consider it even. I certainly will be.
August 20, 2012, 04:27:17 PM
If he doesnt come through, you're most welcome to point and laugh at me. However you'll do so while I'm on my pirate funded 2 week holiday in the sun, playing my new Les Paul Supreme. I'll survive
So... you'll be taking a vacation, using funds stolen from others in a scam? Not saying you should return the money should that turn out to be true, just that you should keep it in mind.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
August 20, 2012, 04:17:58 PM
Fair warning, everything you guys are saying is being reported as Off-topic and will probably be removed. If you're not going to bet, stand down and watch. There are plenty of other threads for talk.
This thread is for action.
This thread is for action.
August 20, 2012, 04:16:30 PM
There is unfortunately no way this bet can be resolved until he either pays back or 3 weeks pass. If he "defaults" tomorrow, he still could technically gamble up or borrow some coins to pay back with in the next few weeks. He loses the Vandroiy bet after 2 weeks IIRC.
I keep seeing a lot of speculation on how Pirate can run a ponzi AND how he could acquire the funds to pay back his lenders. Do you even think about what you are posting? This is basic logic.
IF Pirate ran a ponzi THEN he is a scammer.
IF he is a scammer, THEN he has no incentive to pay back his lenders, because stealing their money was the whole point all along.
Therefore, talk about him defaulting and then paying everyone back after a hot run at Satoshi Dice or other scheme is prima facie retarded.
If a = b and b = c, then a = c. This is elementary logic.
Jump to: