I'm offering 100% ROI to anyone who thinks I don't have 10,000BTC to pay out.

DOH!

full member

Activity: 784

Merit: 108

Quote from: Matthew N. Wright on August 24, 2012, 04:49:32 PM

That's right! There are now literally hundreds of people who have missed the entire point of the Pirate bet (Don't accuse people. harass them, and pretend you know what you're talking about) and have now begun to harass me, thinking I don't have 10,000BTC and that I'm -only- risking my forum account. That's just ignorant.

So it seems I have to impose another FUD tax on the community. I will prove I have over 10,000BTC freely available to me. If you do not believe this will happen, place your bets here in the following format:

Code:

20BTC
13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM
Optional comment

I will be accepting up to 1,000BTC in bets. When the 1,000BTC is reached, I will prove that I have over 10,000BTC to my person and you will lose the bet. If I cannot, then the entire community would know if I was going to scam them on the Pirate bet ahead of time.

Let the games begin!

P.S. Don't even think I have 1,000BTC? You should be here instead: https://bitcointalksearch.org/topic/im-offering-100-roi-to-anyone-who-thinks-i-dont-have-1000btc-to-pay-out-103063

Awesome Matthew to the rescue! God Damn this kid is the shit!

dayfall

sr. member

Activity: 312

Merit: 250

Quote from: Matthew N. Wright on August 24, 2012, 05:17:29 PM

3. You're all loud mouthed conspiracy theorists who refuse to learn your lesson on the first bet, so it will take additional bets to sufficiently make you start thinking before you talk.

But your bet doesn't state what happens to the looser. What does the "20 BTC" mean? What is that sequence of numbers? Is the string "optional comment" part of the format? Also it doesn't state how you loose.

Also when will you make good on your previous bet?

phillipsjk

legendary

Activity: 1008

Merit: 1001

Let the chips fall where they may.

Quote from: phillipsjk on August 24, 2012, 05:02:43 PM

Code:

0BTC
13dSK4663Ts7j2PwHS1eUVjycKLBwx7PJM
I don't actually have any BTC yet :P (I also don't control that address).

Did I win?

legolouman

hero member

Activity: 504

Merit: 500

Decent Programmer to boot!

Quote from: Ente on August 28, 2012, 07:46:00 AM

Quote from: organofcorti on August 25, 2012, 02:55:24 AM

If Matthew used a bet-chain where the lowest bet covered the next lowest bet in the chain as follows:

1000
2000
4000
8000
16000
32000
64000
128000

then by proving he had 1000 btc he would eventually be able win all bets (assuming all bettors paid up). He could start even lower if he didn't have 1000 btc.

I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.

Greatest. Post. In a long time!
You show the beauty in math and statistics, thank you for that!

Ente

Of course all the action is in here, where everyone screams "SCAMMER, I'M NOT SENDING YOU MONEY"

dayfall

sr. member

Activity: 312

Merit: 250

How about just proving you weren't going to collect on the previous bet if you had won! I don't care if you have the money or not. The only lesson I learned is that Pirate wasn't the only scammer, and your words are worthless. This is the only proof I want. And no I am not paying for it. (The meaning of "this" will be determined by myself at a later date.)

How do you even think that your "joke" would teach people to not point out scams, or to not harass people? Oh. You scam them! Brilliant! "Haha, I scammed you. Now don't you see that you shouldn't have said that pirateat40 wouldn't pay his debts?"

No sir, I didn't. I should have listened to people that said you wouldn't pay.

Ente

legendary

Activity: 2126

Merit: 1001

Quote from: organofcorti on August 25, 2012, 02:55:24 AM

If Matthew used a bet-chain where the lowest bet covered the next lowest bet in the chain as follows:

1000
2000
4000
8000
16000
32000
64000
128000

then by proving he had 1000 btc he would eventually be able win all bets (assuming all bettors paid up). He could start even lower if he didn't have 1000 btc.

I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.

Greatest. Post. In a long time!
You show the beauty in math and statistics, thank you for that!

Ente

makomk

hero member

Activity: 686

Merit: 564

Quote from: legolouman on August 24, 2012, 05:35:13 PM

That doesn't really prove it's your address. You can in theory just pick an address with 10k in it.

More subtly, if he does receive 1000 BTC in bets he can just offer 500 BTC of that to someone that does actually have 10k BTC in exchange for them helping him to pretend that the 10k BTC is his. Additionally, if he doesn't have the 10k BTC then he's going to get marked as a scammer anyway for failing to pay out that bet and has no incentive to pay out a single satoshi of the bets as to whether he has 10k BTC. It would be incredibly foolish for anyone to take Matthew up on this bet.

Luceo

sr. member

Activity: 350

Merit: 250

Per aspera ad astra!

Quote from: ?? on ??

Quote from: Matthew N. Wright on August 24, 2012, 04:49:32 PM

Let the games begin!

Here we go!

Code:

750BTC
1usagi8WQJvnCoyV21XSZyUHhC6MzfksW
Hedge against pirate default

Was this supposed to be in this thread or the pirate bet thread?

unclescrooge

hero member

Activity: 868

Merit: 1000

Oh lawd. 20 000 btc.

* unclescrooge pass out

conspirosphere.tk

legendary

Activity: 2352

Merit: 1064

Bitcoin is antisemitic

Quote from: MrTeal on August 25, 2012, 04:11:56 PM

Hmm. Betception.

or Bit-con / Bet-con?

MrTeal

legendary

Activity: 1274

Merit: 1004

Hmm. Betception.

michaelmclees

hero member

Activity: 633

Merit: 500

Quote from: evoorhees on August 24, 2012, 11:23:08 PM

Quote from: yochdog on August 24, 2012, 05:21:45 PM

Quote from: Matthew N. Wright on August 24, 2012, 05:20:04 PM

Less talk, more action. Who here thinks I can't prove I have the funds? Free money!

I really don't give a shit if you have the money or not, you just run your mouth endlessly.

Well actually Matthew is backing up his words with action - with money.

He hasn't proved that he has it. He's backed up his bet with no action whatsoever, other than proclaiming that he'll prove his ability to pay "when the time is right" and he hasn't proven his willingness to pay by going through an escrow. His end of the bet strains credulity; the individual ends betting 10 or 20 BTC at a time don't. Or am I missing something?

Fluttershy

sr. member

Activity: 420

Merit: 250

So this is how you're going to finance your bet.

whiskers75

hero member

Activity: 658

Merit: 502

Doesn't use these forums that often.

Quote from: Matthew N. Wright on August 24, 2012, 05:20:04 PM

Quote from: yochdog on August 24, 2012, 05:18:51 PM

Quote from: Matthew N. Wright on August 24, 2012, 05:17:29 PM

Quote from: michaelmclees on August 24, 2012, 05:15:03 PM

Quote from: ElectricMucus on August 24, 2012, 05:10:27 PM

Why don't you simply post some address with zero BTC on it and send 10K to it?

There are two possibilities...

1 - He made a $100,000 bet and is unwilling to prove his ability to pay because he thinks it's funny.

2 - He doesn't have it and he keeps making more bets because he thinks it's funny.

Which seems more likely to you?

3. You're all loud mouthed conspiracy theorists who refuse to learn your lesson on the first bet, so it will take additional bets to sufficiently make you start thinking before you talk.

Last time I checked the first bet has not even been settled yet......how was one to learn a lesson from something that is still undetermined?

Less talk, more action. Who here thinks I can't prove I have the funds? Free money!

I don't know what this is about, but if there is free money I'll have some:
1Cga9Zi4tHiY99z1UT1yuuXAq2uqdJB6ow

SysRun

hero member

Activity: 616

Merit: 500

Portland Bitcoin Group Organizer

22:36 <@pirateat40> Update: I'm serious hard pressed for time to win a side-line bet on my payout. I'm working as fast as I possibly can and will update you "IN THIS CHANNEL" when things really start to move

Huh

TTBit

legendary

Activity: 1136

Merit: 1001

Player A: I'll bet you $10,000 that I have $100,000 in my bank account.
Player B: Ok, I'll take that bet
Player A: You win, I don't have any money.
Player B: Where is my money?
Player A: I will bet you $1,000 that I have $10,000 in my bank account.
Player B: Ok, I'll take that bet......

LightRider

legendary

Activity: 1500

Merit: 1022

I advocate the Zeitgeist Movement & Venus Project.

It's absurd bets all the way down.

davout

legendary

Activity: 1372

Merit: 1007

1davout

Quote from: organofcorti on August 25, 2012, 02:55:24 AM

I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.

Oh god, you made my day

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

If Matthew used a bet-chain where the lowest bet covered the next lowest bet in the chain as follows:

1000
2000
4000
8000
16000
32000
64000
128000

then by proving he had 1000 btc he would eventually be able win all bets (assuming all bettors paid up). He could start even lower if he didn't have 1000 btc.

I think these bets are a blatant attempt to use logic to earn money, something which rarely happens outside of sci fi movies and should not be condoned.

burtan

newbie

Activity: 24

Merit: 0

Thanks Matthew. I am more than happy to pay you if I loose. which I cant buy the way, as I just made a side bet with a friend and he is so sure that pirate will not pay that he has given me 3/1 on a $75 bet so I now will win even more if he does end up paying

Topic: I'm offering 100% ROI to anyone who thinks I don't have 10,000BTC to pay out. (Read 6048 times)