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Topic: I'm giving 100% ROI away to anyone who thinks pirate is a fraud - page 8. (Read 102982 times)

donator
Activity: 980
Merit: 1000
No way this is going away in less than 6 days Cheesy

Depending on what happens in the conference we might be talking about it for a good while.
donator
Activity: 1218
Merit: 1079
Gerald Davis
Really this bitcoin experiment is showing us that we need some sort of system where by we pay 20% to the government for services like policing etc and a small percentage to the banks for handling transactions so we dont get scammed.

No it doesn't.  It just shows you need personal responsibility.
I believed I would win the bet and I also believed there was a good chance  Matt had no intent in paying so I skipped the bet.
Why bet on something you will win and probably not get paid?

If Matt really wanted to make a huge bet he would have made an escrowed bet (like bets of bitcoin) and dropped 10K BTC down.   If he setup the bet to close in a week and payout in three he likely would have saw 30K to 50K wagered against his 10K.  
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
He'll be in London Sep. 15-16. It's only a 2hours flight that costs €100 round-trip from most of Europe.
I wouldn't be so sure about that lol

this is what I don't understand.  Not sure how he's going to show up there without being a total outcast.  Should be interesting.

Will

At the current rate we will have about 5-6 other "hacks", scams or "investment opportunities" going tits up before the conference starts next week. So everyone will have forgotten about Matthew by then.

+1
hero member
Activity: 952
Merit: 1009
He'll be in London Sep. 15-16. It's only a 2hours flight that costs €100 round-trip from most of Europe.
I wouldn't be so sure about that lol

this is what I don't understand.  Not sure how he's going to show up there without being a total outcast.  Should be interesting.

Will

At the current rate we will have about 5-6 other "hacks", scams or "investment opportunities" going tits up before the conference starts next week. So everyone will have forgotten about Matthew by then.
hero member
Activity: 767
Merit: 500
He'll be in London Sep. 15-16. It's only a 2hours flight that costs €100 round-trip from most of Europe.
I wouldn't be so sure about that lol

this is what I don't understand.  Not sure how he's going to show up there without being a total outcast.  Should be interesting.

Will
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
All but the most retarded here assumed near zero chance the Pirate would legitimately pay up.  That includes Mathew.

No, MNW stated clearly and in so many ways that he expected pirate to pay.


I believe that everyone is being ridiculous and that Pirate is probably not a ponzi for several very good reasons. When the bet is over, I'll give my reasons, but it won't have any bearing and is still based on something that I cannot prove.

I still believe there is a very high chance that Pirate is just doing a business which we don't understand, and my sinking gut, although questioning his lack of professionalism, lateness, etc, reminds me that no one is perfect and it may all just be a series of bad coincidences. I hope I am right and that I am able to prove to the community once and for all that what we don't understand is not always a scam. If I happen to be wrong, I'm happy to have enjoyed this entertaining time with everyone, and I've actually made quite a lot of new friends (as you can imagine).

If you invested in pirate without even bothering to research his business model, find out his info, etc, you're also basically gambling, but only -you-. Others who invested in him may not be gambling, they may be just taking risk. I am taking a risk with this bet. I believe I know what he's doing and I believe it is not a ponzi.

This is a fairly solid post with some convincing research.  You've managed to sway my possition more than is typical.  It would be interesting to see if Matthew has any responses to these statements at this point and if so, what they would be.  If his goal really was to 'educate' the community, this would be a good chance to do so...and probably a better use of time than slitting his wrists.



I'd like to hear his reasoning on this...
donator
Activity: 1464
Merit: 1047
I outlived my lifetime membership:)
Yeah.... I am starting to be afraid of you people... Cheesy


He didn't take anyone's money..... He played a bad prank and lost a lot of respect.....
+1
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 952
Merit: 1009
hero member
Activity: 616
Merit: 500
Portland Bitcoin Group Organizer
The message as I understood it was, "people in the bitcoin community have integrity, especially pirate" right?

Now it seems that the message was "MNW is a scammer"

I get high risk. I knew what I was getting into with p@. I also understood that some funny business could occur with MNW.

I'm one of those who were hedging, so this is refusal to pay and lack of understanding about contract law is discouraging. Not to mention the fact that the integrity of a valuable bitcoin community member has been compromised.

Dictated but not read.
legendary
Activity: 4690
Merit: 1276
All but the most retarded here assumed near zero chance the Pirate would legitimately pay up.  That includes Mathew.

No, MNW stated clearly and in so many ways that he expected pirate to pay.


I believe that everyone is being ridiculous and that Pirate is probably not a ponzi for several very good reasons. When the bet is over, I'll give my reasons, but it won't have any bearing and is still based on something that I cannot prove.

I still believe there is a very high chance that Pirate is just doing a business which we don't understand, and my sinking gut, although questioning his lack of professionalism, lateness, etc, reminds me that no one is perfect and it may all just be a series of bad coincidences. I hope I am right and that I am able to prove to the community once and for all that what we don't understand is not always a scam. If I happen to be wrong, I'm happy to have enjoyed this entertaining time with everyone, and I've actually made quite a lot of new friends (as you can imagine).

If you invested in pirate without even bothering to research his business model, find out his info, etc, you're also basically gambling, but only -you-. Others who invested in him may not be gambling, they may be just taking risk. I am taking a risk with this bet. I believe I know what he's doing and I believe it is not a ponzi.

This is a fairly solid post with some convincing research.  You've managed to sway my possition more than is typical.  It would be interesting to see if Matthew has any responses to these statements at this point and if so, what they would be.  If his goal really was to 'educate' the community, this would be a good chance to do so...and probably a better use of time than slitting his wrists.

hero member
Activity: 714
Merit: 502
Really this bitcoin experiment is showing us that we need some sort of system where by we pay 20% to the government for services like policing etc and a small percentage to the banks for handling transactions so we dont get scammed.
full member
Activity: 784
Merit: 101
Stop feeling so hurt, ya big babies. Suck it up, move on, there is another ponzi scheme just forming.. You've still got a chance to be an early adopter! (HungerCoins anyone?)

I foresee a great (shitty) future for BTC if scammers are not punished one way or the other.

Agreed...

But consider this.

My grandmother told me when I was just 12 two things that I have discovered the be the truest truths.

1. Jesus is a lie used to control people.
2. You can fuck up a perfectly good thing or make a bad thing worse by getting the government involved.

There was a third thing, but it was really a combination of 1 and 2. Never become so attached to someone or something that you can't simply let go.


legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 557
Merit: 500
MNW:
Quote
I am taking a risk with this bet.

There's the quote.  Where's the risk?  If he lost, he pays himself 20BTC
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Stop feeling so hurt, ya big babies. Suck it up, move on, there is another ponzi scheme just forming.. You've still got a chance to be an early adopter! (HungerCoins anyone?)

I foresee a great (shitty) future for BTC if scammers are not punished one way or the other.
legendary
Activity: 826
Merit: 1001
rippleFanatic
All but the most retarded here assumed near zero chance the Pirate would legitimately pay up.  That includes Mathew.

No, MNW stated clearly and in so many ways that he expected pirate to pay.


I believe that everyone is being ridiculous and that Pirate is probably not a ponzi for several very good reasons. When the bet is over, I'll give my reasons, but it won't have any bearing and is still based on something that I cannot prove.

I still believe there is a very high chance that Pirate is just doing a business which we don't understand, and my sinking gut, although questioning his lack of professionalism, lateness, etc, reminds me that no one is perfect and it may all just be a series of bad coincidences. I hope I am right and that I am able to prove to the community once and for all that what we don't understand is not always a scam. If I happen to be wrong, I'm happy to have enjoyed this entertaining time with everyone, and I've actually made quite a lot of new friends (as you can imagine).

If you invested in pirate without even bothering to research his business model, find out his info, etc, you're also basically gambling, but only -you-. Others who invested in him may not be gambling, they may be just taking risk. I am taking a risk with this bet. I believe I know what he's doing and I believe it is not a ponzi.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
legendary
Activity: 4690
Merit: 1276
Some people may have bought bad pirate debt etc to hedge against matt.  This was a serious scam ad should not be played down.  I did not bet with Matt, btw.

I don't think that anyone could be _that_ dense and would actually put their own money on such a chain of unlikely outcomes.  But I could be wrong.  Anyone want to step up and claim this mode of harm?

Yes, me. I bought some FOO.PPPPT at .50 BTC each (which are now worthless) just after my bet with Matthew, since I was seriously ready to pay in case of loss. Now prove me that Matthew would say that it was just a joke in case he won.


I have to admit that I was wrong.  About several things:

 - nobody would put actual money on such a thing

 - conspirosphere.tk seems like a pretty together sort of person.

My personal belief is that there is probably a 20% chance that Matthew would have exploited things for personal gain if he had the opportunity and about a 1% chance that he ever had any hopes of having such an opportunity.  But I have nothing but gut feelings to rely on here and these are worth very little.  I was wholly chumped by Bruce back in the day in terms of gauging his disposition though I never lost any money to him and the MyBitcoin scam nor was I even close due to how I conceptualize Bitcoin itself and handle my own financial matters.

full member
Activity: 784
Merit: 101
with his "bet" he slowed the rate of decrease of the price of (phucked) Pirate's debt, just enough for him to sell the amount he owned with minimum loss for him and maximum loss for who took his words as serious. Clear enough? It's called "pump and dump".

I might have missed something, is there proof that MNW sold his pirate liabilities?

Also, this is the wild west... Almost all is fair in the bitcoin market... there are no laws against a pump-n-dump scheme thats for sure, there is no SIC to protect you.. Or any laws at all beyond simple fraud. Would you even want to get the government involved? And if you did... which government?
 
Bitcoin isn't real to most of the world, no one signed a binding contract. A forum post isn't going to provide the same protection for any perceived liabilities you take on like a proper contract will.

Stop feeling so hurt, ya big babies. Suck it up, move on, there is another ponzi scheme just forming.. You've still got a chance to be an early adopter! (HungerCoins anyone?)
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