In a civilised world you dont let some people prey on others. Otherwise it ends up at gangland warfare.
Don't be prey and you won't get preyed on. Easy peasy.
Topic: Matthew Neal Wright: You have been reported to the SEC and Korean authorities. - page 2. (Read 6587 times)
September 10, 2012, 06:20:17 AM
Don't be prey and you won't get preyed on. Easy peasy.
September 10, 2012, 06:19:44 AM
We need a betting thread on who is the next BTC "company" to go tits up stat.
I vote DiabloMiner.
I vote DiabloMiner.
Oh boy! Another bet.
Pass. : )
September 10, 2012, 06:18:29 AM
In a civilised world you dont let some people prey on others. Otherwise it ends up at gangland warfare.
Don't be prey and you won't get preyed on. Easy peasy.
September 10, 2012, 06:16:53 AM
Until people learn to restrain their own greed for three seconds and be able to spot an obvious scammer from the get-go, we'll see another replay of this tragicomedy very soon.
We need a betting thread on who is the next BTC "company" to go tits up stat.
I vote DiabloMiner.
September 10, 2012, 06:14:34 AM
People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
We need this yesterday.
A system of retribution is pointless if people refuse to learn basic economics.
In a civilised world you dont let some people prey on others. Otherwise it ends up at gangland warfare.
September 10, 2012, 06:10:54 AM
We could finance it by taking a percentage out of every transaction.
Yeah! And then we could elect people to be in charge of doling out said retribution and pay them from the transactions. We can trust them, right? We elected them, after all. What could go wrong?
Until people learn to restrain their own greed for three seconds and be able to spot an obvious scammer from the get-go, we'll see another replay of this tragicomedy very soon.
September 10, 2012, 06:09:51 AM
You are doing it wrong. By the terms of the bet, he should be reported to the Bitcoin Police! 
Ok, I'll remember: never fuck with the Bitcoin community offering an obviously absurd gamble that might lead someone to make bad decisions on an already losing game, just fuck with it offering an obviously absurd saving program to which everyone will lose big money (even the ones that tried hard not to be involved). Since I do not see a tenth of this rage against Pirate.
+1 Ok, I'll remember: never fuck with the Bitcoin community offering an obviously absurd gamble that might lead someone to make bad decisions on an already losing game, just fuck with it offering an obviously absurd saving program to which everyone will lose big money (even the ones that tried hard not to be involved). Since I do not see a tenth of this rage against Pirate.
September 10, 2012, 06:04:46 AM
People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
We need this yesterday.
A system of retribution is pointless if people refuse to learn basic economics.
In essence we would need a system of schools to educate people on correct behaviour, coupled with institutions to enforce said behaviour and a system to dole out reglemented punishment in case of failure to adhere to said behaviour. Also an institution to administrate all that. We could finance it by taking a percentage out of every transaction.
September 10, 2012, 06:00:33 AM
You are doing it wrong. By the terms of the bet, he should be reported to the Bitcoin Police!
Ok, I'll remember: never fuck with the Bitcoin community offering an obviously absurd gamble that might lead someone to make bad decisions on an already losing game, just fuck with it offering an obviously absurd saving program to which everyone will lose big money (even the ones that tried hard not to be involved). Since I do not see a tenth of this rage against Pirate.
Ok, I'll remember: never fuck with the Bitcoin community offering an obviously absurd gamble that might lead someone to make bad decisions on an already losing game, just fuck with it offering an obviously absurd saving program to which everyone will lose big money (even the ones that tried hard not to be involved). Since I do not see a tenth of this rage against Pirate.
September 10, 2012, 05:56:18 AM
People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
We need this yesterday.
A system of retribution is pointless if people refuse to learn basic economics.
September 10, 2012, 05:54:08 AM
People have hedged with Bitcoin Savings and Trust securities along with Matthew's bet.
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
So being stupid twice calls for being stupid a third time by calling in the State to protect people from themselves?
I prefer lynch mobs and private justice, but if you don't have any effective means of retribution BTC is not going to fly and will remain an insane asylum of jokes, scammers and trolls.
We need this yesterday.
September 10, 2012, 05:46:37 AM
0/10 trolling
lol at greedy ppl wich expect to become rich by posting in a forum and then bawwhhhh
lol at greedy ppl wich expect to become rich by posting in a forum and then bawwhhhh
September 10, 2012, 04:40:44 AM
September 10, 2012, 03:42:44 AM
http://en.wikipedia.org/wiki/Gentlemen's_agreement
Case closed. Stop getting so fucking butt hurt because you didn't double your money. Only an idiot would think they would get paid out when the guy was taking on many thousands.
Case closed. Stop getting so fucking butt hurt because you didn't double your money. Only an idiot would think they would get paid out when the guy was taking on many thousands.
September 10, 2012, 12:57:52 AM
I still don't know what this is all about.
I missed out on a major event it seems.
I feel so disenfranchised!
I missed out on a major event it seems.
I feel so disenfranchised!
same haha
September 09, 2012, 07:14:32 PM
2 comments about this thread:
Hahahahahahah
And
Aaaaahahahahahahahaha
Hahahahahahah
And
Aaaaahahahahahahahaha
September 09, 2012, 06:13:48 PM
He deserves the scammer tag, but reporting him to authorities will get you nowhere.
And considering how much of a troll he clearly is, it will only make him more excited to hear this.
And considering how much of a troll he clearly is, it will only make him more excited to hear this.
September 09, 2012, 05:39:53 PM
Since you guys are reporting a bet to the authorities, and you were betting that someone else would (or wouldn't) pay up on an investment scheme so risky it would be considered gambling, or a big bet, I don't think much will happen of all this. They won't take you seriously.
However, we should launch a 3rd level of bet, will Matthew pay up the bet? Place your bets.
P.S. Isn't gambling illegal to the eyes of the law?
However, we should launch a 3rd level of bet, will Matthew pay up the bet? Place your bets.
P.S. Isn't gambling illegal to the eyes of the law?
All investments are bets. At some point, Matthew started advertising his bet as a hedging instrument against Pirate's default. That's when he allegedly violated securities law. I'd love to see that tested in court though.
Not sure why people here think it would be bad for bitcoin. I think it would be great to pass that stage already and see what kind of approaches would authorities make. That's when bitcoin gets consolidated. Do you guys honestly think it's never going to happen?
September 09, 2012, 05:35:59 PM
Since you guys are reporting a bet to the authorities, and you were betting that someone else would (or wouldn't) pay up on an investment scheme so risky it would be considered gambling, or a big bet, I don't think much will happen of all this. They won't take you seriously.
However, we should launch a 3rd level of bet, will Matthew pay up the bet? Place your bets.
P.S. Isn't gambling illegal to the eyes of the law?
However, we should launch a 3rd level of bet, will Matthew pay up the bet? Place your bets.
P.S. Isn't gambling illegal to the eyes of the law?
September 09, 2012, 05:30:02 PM
I'm just surprised that people are surprised that he reneged. From the beginning, it seemed pretty likely to me that these "bets" were little more than boastful talk. And that includes the people that bet against Pirate. I'd be surprised if even 50%+ would've paid Wright if he won.
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