P - page 12. | Bitcointalksearch.org

MrTeal

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Activity: 1274

Merit: 1004

Quote from: piotr_n on September 01, 2012, 12:44:38 PM

Quote from: BrightAnarchist on September 01, 2012, 10:36:56 AM

I think the right move is to wait until september 10th. If things are not made clear by then, then that is the time for us to think about some sort of collective legal action. Until then, however, there is still a very high chance of a reasonable settlement being reached and agreed upon. So: wait.

I can only wonder what would that collective legal action be?
I guess the first thing you'd need to do is to collect evidence who of you ownes how many bonds - and provide them to Pirate as your claim.
Which is exactly what he has asked you to do, but you dont want to do this.

So what the hell would you want to sue him for? Fot not paying yor money to Goat? Obviously he does need to pay them to Goat after declared default - though he wants to pay them directly to you. I dont understand why you dont want Goat and Nefario to give your withdrawal address to Pirate so he could pay you out directly. Instead you plan to sue him...
Have you thought about doing MRI? Because I think that maybe you should

I really can't help but get the feeling you wake up each morning sticky after a wet dream about your wonderful white knight coming to save you from the evil Goat and his nefarious henchman. You do realize that there's a very good chance that Pirate has your money, has no intention of giving it back, and is laughing at you right now, right?

sadpandatech

hero member

Activity: 504

Merit: 500

Quote from: piotr_n on September 01, 2012, 12:44:38 PM

Quote from: BrightAnarchist on September 01, 2012, 10:36:56 AM

I think the right move is to wait until september 10th. If things are not made clear by then, then that is the time for us to think about some sort of collective legal action. Until then, however, there is still a very high chance of a reasonable settlement being reached and agreed upon. So: wait.

I can only wonder what would that collective legal action be?
I guess the first thing you'd need to do is to collect evidence who of you ownes how many bonds - and provide them to Pirate as your claim.

If you were making any sort of legal action, the last thing you would do would be to communicate directly with the other party... Try again after you atleast watch some TV law show. You'd atleast get that part correct when you come back to troll some more.

I knew I was going to regret unignoring you....

piotr_n

legendary

Activity: 2053

Merit: 1356

aka tonikt

Quote from: BrightAnarchist on September 01, 2012, 10:36:56 AM

I think the right move is to wait until september 10th. If things are not made clear by then, then that is the time for us to think about some sort of collective legal action. Until then, however, there is still a very high chance of a reasonable settlement being reached and agreed upon. So: wait.

I can only wonder what would that collective legal action be?
I guess the first thing you'd need to do is to collect evidence who of you ownes how many bonds - and provide them to Pirate as your claim.
Which is exactly what he has asked you to do, but you dont want to do this.

So what the hell would you want to sue him for? Fot not paying yor money to Goat? Obviously he does need to pay them to Goat after declared default - though he wants to pay them directly to you. I dont understand why you dont want Goat and Nefario to give your withdrawal address to Pirate so he could pay you out directly. Instead you plan to sue him...
Have you thought about doing MRI? Because I think that maybe you should

BrightAnarchist

donator

Activity: 853

Merit: 1000

Quote from: ?? on ??

Quote from: BrightAnarchist on September 01, 2012, 08:16:22 AM

Quote from: ?? on ??

Quote from: sadpandatech on August 31, 2012, 11:03:36 PM

So, less than an hour before Pirate's stated deadline to close out any PPT issues. What do you think he will be saying?

Lawyers Address?

Just kidding. I do not think Pirate will be saying anything even though he said he would provided that information today.

GPUMax however did get paid out it seems.

Actually, he said he would be providing that information *yesterday*, right? That was clearly a lie. Jesus, I hate this lawyer crap.

Yeah... I do not know what I should do now...

I think the right move is to wait until september 10th. If things are not made clear by then, then that is the time for us to think about some sort of collective legal action. Until then, however, there is still a very high chance of a reasonable settlement being reached and agreed upon. So: wait.

BrightAnarchist

donator

Activity: 853

Merit: 1000

Quote from: ?? on ??

Quote from: sadpandatech on August 31, 2012, 11:03:36 PM

So, less than an hour before Pirate's stated deadline to close out any PPT issues. What do you think he will be saying?

Lawyers Address?

Just kidding. I do not think Pirate will be saying anything even though he said he would provided that information today.

GPUMax however did get paid out it seems.

Actually, he said he would be providing that information *yesterday*, right? That was clearly a lie. Jesus, I hate this lawyer crap.

sadpandatech

hero member

Activity: 504

Merit: 500

So, less than an hour before Pirate's stated deadline to close out any PPT issues. What do you think he will be saying?

btharper

sr. member

Activity: 389

Merit: 250

Quote from: ?? on ??

Quote from: totaleclipseofthebank on August 31, 2012, 11:46:12 AM

dead cat bounce

dead goat bounce

http://www.encyclopediabitcoinica.com/wiki/GoatsOnABoat

Quite amusing xD

exahash

sr. member

Activity: 278

Merit: 250

Quote from: ?? on ??

Quote from: totaleclipseofthebank on August 31, 2012, 11:46:12 AM

dead cat bounce

dead goat bounce

http://www.encyclopediabitcoinica.com/wiki/GoatsOnABoat

Now *that's* funny. Thanks goat.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: wirmola on August 31, 2012, 01:07:02 PM

I think I might buy some more, for my dividends already made from this project.
I think it's very difficult for him to disappear with this money when we have so much info about him.
Maybe it's a longshot, but nice +EV if he pays.
I think his intentions are to pay back, but the money are prolly locked inside the system at the moment.. Huh

hopefully..

What reasonably plausible system locks for over 2 weeks?

wirmola

member

Activity: 111

Merit: 10

I think I might buy some more, for my dividends already made from this project.
I think it's very difficult for him to disappear with this money when we have so much info about him.
Maybe it's a longshot, but nice +EV if he pays.
I think his intentions are to pay back, but the money are prolly locked inside the system at the moment.. Huh

hopefully..

btharper

sr. member

Activity: 389

Merit: 250

Quote from: BadBear on August 31, 2012, 12:08:33 PM

Quote from: btharper on August 31, 2012, 12:03:54 PM

Quote from: MoPac on August 31, 2012, 11:40:52 AM

Quote from: wirmola on August 31, 2012, 11:27:06 AM

why is the price going up again? did I miss something?

Supposedly a modest number of accounts (22 at the moment, claims a script on IRC) have been paid something back. It's not very clear from where I'm sitting, but there seems to be some renewed hope out there that the debt isn't totally worthless.

Any word on how much is being paid back? I assume in full at this point (if everyone's gettining excited about it)?

I wouldn't get your hopes up, there's not even any confirmation anyone has been paid back yet. The only person who has said anyone has been paid back is Pirate. And his word is worthless since he has broken it several times in the past few weeks.

I was figuring that other people had confirmed on irc that they had received full (at least face value) on their deposits.

BadBear

legendary

Activity: 1652

Merit: 1128

Quote from: btharper on August 31, 2012, 12:03:54 PM

Quote from: MoPac on August 31, 2012, 11:40:52 AM

Quote from: wirmola on August 31, 2012, 11:27:06 AM

why is the price going up again? did I miss something?

Supposedly a modest number of accounts (22 at the moment, claims a script on IRC) have been paid something back. It's not very clear from where I'm sitting, but there seems to be some renewed hope out there that the debt isn't totally worthless.

Any word on how much is being paid back? I assume in full at this point (if everyone's gettining excited about it)?

I wouldn't get your hopes up, there's not even any confirmation anyone has been paid back yet. The only person who has said anyone has been paid back is Pirate. And his word is worthless since he has broken it several times in the past few weeks.

MoPac

newbie

Activity: 41

Merit: 0

Quote from: btharper on August 31, 2012, 12:03:54 PM

Any word on how much is being paid back? I assume in full at this point (if everyone's gettining excited about it)?

Well, I think at this point there are differing definitions of "full" depending on how much interest you expect. I'm not sure whether the paybacks are real or how much they've actually been paid.

I'm also not sure whether people thinking the debt might be worth 35% of no-interest face value really qualifies as "excited", but...

btharper

sr. member

Activity: 389

Merit: 250

Quote from: MoPac on August 31, 2012, 11:40:52 AM

Quote from: wirmola on August 31, 2012, 11:27:06 AM

why is the price going up again? did I miss something?

Supposedly a modest number of accounts (22 at the moment, claims a script on IRC) have been paid something back. It's not very clear from where I'm sitting, but there seems to be some renewed hope out there that the debt isn't totally worthless.

Any word on how much is being paid back? I assume in full at this point (if everyone's gettining excited about it)?

totaleclipseofthebank

sr. member

Activity: 451

Merit: 250

dead cat bounce

MoPac

newbie

Activity: 41

Merit: 0

Quote from: wirmola on August 31, 2012, 11:27:06 AM

why is the price going up again? did I miss something?

Supposedly a modest number of accounts (22 at the moment, claims a script on IRC) have been paid something back. It's not very clear from where I'm sitting, but there seems to be some renewed hope out there that the debt isn't totally worthless.

wirmola

member

Activity: 111

Merit: 10

why is the price going up again? did I miss something?

btharper

sr. member

Activity: 389

Merit: 250

Quote from: JoelKatz on August 31, 2012, 06:55:53 AM

Quote from: piotr_n on August 31, 2012, 01:20:36 AM

You have 40K in BTCST - so what???

So he's only selling debt that he actually has.

Quote

It doesn't mean that you are not violating the contract by selling the bonds now!

It does.

Quote

The money gained from the selling of these bonds will go to BTCST.
What would the word "will" mean in this sentence, if not explicitly stating that you must first sell a bond, before you can deposit the relevant amount into BTCST?
The contract, which you wrote yourself, strictly forbids you to do it the other way around.

In this case though, no money is gained from selling those bonds because he's selling them at a loss.

Quote

Even if you had had some extra funds deposited in BTCST, they were your personal funds and had nothing to do with TYGRR.BOND-P.

Right, until he turns them into bonds and sells them, which is exactly what he's doing.

Quote

Since BS&T stopped accepting new deposits, you have had no right whatsoever to convert your personal deposit into new TYGRR.BOND-P bonds.

I cannot imagine why you think this. The whole purpose of his pass through was to convert his personal Pirate debt into bonds.

Quote

Moreover, as you have already admitted in this thread (and Nefario confirmed the statement to be true), you were not only selling new bonds after the 17th, but also buying these bonds back - which the contract also forbids you doing, being very specific about it:
The bond will not be bought back unless BTCST refunds the deposit.

He didn't buy them "back", he simply bought them the same way anyone else would buy them.

+1 You have more patience than I do

JoelKatz

legendary

Activity: 1596

Merit: 1012

Democracy is vulnerable to a 51% attack.

Quote from: piotr_n on August 31, 2012, 01:20:36 AM

You have 40K in BTCST - so what???

So he's only selling debt that he actually has.

Quote

It doesn't mean that you are not violating the contract by selling the bonds now!

It does.

Quote

The money gained from the selling of these bonds will go to BTCST.
What would the word "will" mean in this sentence, if not explicitly stating that you must first sell a bond, before you can deposit the relevant amount into BTCST?
The contract, which you wrote yourself, strictly forbids you to do it the other way around.

In this case though, no money is gained from selling those bonds because he's selling them at a loss.

Quote

Even if you had had some extra funds deposited in BTCST, they were your personal funds and had nothing to do with TYGRR.BOND-P.

Right, until he turns them into bonds and sells them, which is exactly what he's doing.

Quote

Since BS&T stopped accepting new deposits, you have had no right whatsoever to convert your personal deposit into new TYGRR.BOND-P bonds.

I cannot imagine why you think this. The whole purpose of his pass through was to convert his personal Pirate debt into bonds.

Quote

Moreover, as you have already admitted in this thread (and Nefario confirmed the statement to be true), you were not only selling new bonds after the 17th, but also buying these bonds back - which the contract also forbids you doing, being very specific about it:
The bond will not be bought back unless BTCST refunds the deposit.

He didn't buy them "back", he simply bought them the same way anyone else would buy them.

piotr_n

legendary

Activity: 2053

Merit: 1356

aka tonikt

Quote from: ?? on ??

Quote from: JoelKatz on August 30, 2012, 07:15:01 PM

Quote from: piotr_n on August 30, 2012, 02:14:13 PM

Well if it is immaterial - then he is profiting from selling worthless bonds, while promising to deposit them into BS&T and buy them back at 1.0 + interests if Pirate would pay out.

But in reality there is still an actual possibility that Pirate will pay out.
And if so: where is he going to get the extra money from, since he's selling the bonds now at 0.1, without even depositing this fraction into BS&T?
The obvious answer: he won't have the money to cover his obligations, if Pirate does pay out.

Either way - he violates the contract, which is completely unacceptable and it's just a clear, outrageous fraud - nothing else!

But you people are so happy with this that I just don't even want to ruin your fun...
So please pardon my "trolling" and just keep letting him doing what he does, since I'm dying to see how this will end up

The only way I can see this being acceptable is if he has already deposited funds with Pirate and is selling a claim on them should they be fully paid off. So long as his personal balance with Pirate is more than the face value of the bonds and he deducts the face value from his tracking of his personal balance, I don't see any fraud. Otherwise, I agree with you. He can't pay the face value to Pirate if he sells the bond for less than face.

Over 40K in BTCST. Theymos took screen shots I'm told.

You have 40K in BTCST - so what???

It doesn't mean that you are not violating the contract by selling the bonds now!

Or maybe you just don't understand English?

The money gained from the selling of these bonds will go to BTCST.
What would the word "will" mean in this sentence, if not explicitly stating that you must first sell a bond, before you can deposit the relevant amount into BTCST?
The contract, which you wrote yourself, strictly forbids you to do it the other way around.
Even if you had had some extra funds deposited in BTCST, they were your personal funds and had nothing to do with TYGRR.BOND-P.
Since BS&T stopped accepting new deposits, you have had no right whatsoever to convert your personal deposit into new TYGRR.BOND-P bonds.

Moreover, as you have already admitted in this thread (and Nefario confirmed the statement to be true), you were not only selling new bonds after the 17th, but also buying these bonds back - which the contract also forbids you doing, being very specific about it:
The bond will not be bought back unless BTCST refunds the deposit.

Topic: P - page 12. (Read 78397 times)