Scammer: Matthew N. Wright - page 2.

1l1l11ll1l

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Quote from: AndrewBUD on September 09, 2012, 02:24:13 PM

So if 1 dude fucks up at a Company you crap on the entire company.. That's not fair....

You should wait and see what happens, he may not be involved with bitcoin Magazine any longer.

Unfortunately Matt used his position at bitcoin magazine to shore up his alleged ability to pay. Many entered into the bet trusting his position with the magazine.

JoelKatz

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Democracy is vulnerable to a 51% attack.

Quote from: repentance on September 09, 2012, 04:45:01 PM

And yet no-one lost a single Bitcoin in this one.

Say I promise to buy 1,000 pounds of shrimp from you on a particular date at $10/pound. You turn down other deals on that same day. You take out a loan to buy the shrimp. You buy the shrimp. You rent a truck to deliver the shrimp to me. Then when you get there, I say "Sorry, I don't want the shrimp." But you gave up other jobs, took out a loan, bought 1,000 pounds of shrimp and rented a truck. How can I say "You didn't lose any funds"?

Matthew's bet pushed up the price of Pirate debt. This caused some people to acquire Pirate debt at inflated prices to hedge against the risk that Matthew would win his bet. It caused people acquiring Pirate debt to pay more than they should have. And it caused some people not to sell Pirate debt when they should have, believing that Matthew knew something they didn't.

Effectively, it manipulated the secondary Pirate debt market at a time when a number of Pirate victims were trying to mitigate their losses. It may even have enriched Pirate directly, at the expense of his victims, by allowing him to sell off his own debt longer and at higher prices.

Vladimir

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-

Quote from: schnell on September 09, 2012, 10:21:31 AM

Quote from: Vladimir on September 09, 2012, 10:15:10 AM

Konichua, get in touch with me and we will figure it out.

Done.

This matter has now been resolved. Please read an article by Konichua in Bitcoin Magazine, issue #3.

nimda

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0xFB0D8D1534241423

Quote from: repentance on September 09, 2012, 04:45:01 PM

Quote from: fgmnp on September 09, 2012, 01:03:50 PM

This is the probably the most blatant large-scale scam I have seen here to date.

And yet no-one lost a single Bitcoin in this one.

Bullshit. I will repeat myself again:

Quote from: nimda on September 09, 2012, 04:15:47 PM

Quote from: adamstgBit on September 09, 2012, 03:59:31 PM

lol why is anyone pissed?

everyone knew he wasn't going to pay up.
no one lost money.
and he got the scammer tag.

probably a lot of people's bets were for 10 times more bitcoin then they actually had, you know just for the off chance that MWN is retarded and did pay out.

I bet (heh) that people did lose money.

1. Investor notices the bet thread
2. Investor notices TYGRR-BOND-P is trading at 0.1 BTC
3. Investor buys 1 share
4. Investor bets 1 BTC
5. MNW exposes the "loophole"
6. Investor is forced to sell his share again, at a loss of 0.04 BTC.

Just because MNW didn't gain doesn't mean others didn't lose. If I break your window, neither of us gain. I'd still be an asshole though, especially if there's no recourse you have against me.

repentance

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Quote from: fgmnp on September 09, 2012, 01:03:50 PM

This is the probably the most blatant large-scale scam I have seen here to date.

And yet no-one lost a single Bitcoin in this one.

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

Quote from: AndrewBUD on September 09, 2012, 02:24:13 PM

So if 1 dude fucks up at a Company you crap on the entire company.. That's not fair....

That's part of business. You might not know it, but the better service you have at your local Red Robin affects how much money you spend there and what you tell your friends about it. One waiter is rude, you "crap on" the whole establishment. The company knows this, and will do their best to hire good people and fire bad ones. Perhaps keeping MNW on-board after seeing his juvenile antics was a mistake; the company must absorb the loss from that mistake.

On the other hand, some people were saying that they would buy a magazine as soon as he was fired, because they were only keeping from buying one while he was on-board Wink

AndrewBUD

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So if 1 dude fucks up at a Company you crap on the entire company.. That's not fair....

You should wait and see what happens, he may not be involved with bitcoin Magazine any longer.

Littleshop

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Quote from: bitcoiners on September 09, 2012, 12:50:45 PM

Quote from: Littleshop on September 09, 2012, 12:41:49 PM

Quote from: bigasic on September 09, 2012, 11:38:51 AM

All i have to say is that this is HUGE black eye for Bitcoin Magazine.. I'm sure that if he already isn't relieved of his "Editor-in Chief" title with them, I would be very surprised.

I, for one, will not subscribe to the Bitcoin Magazine until this mess is taken care of or that Bitcoin Magazine comes out and lets us know that he has nothing to do with the Magazine any longer.. Sorry Matthew, you made your own bed on this one...

Mainly because I was going to use my winnings that I bet with Matthew to subscribe to the Magazine, lol..

I do realize that Bitcoin Magazine did not condone this bet. But, it's still a black eye, nonetheless...

So if I were to place another ad with Bitcoin Magazine I presume it would look bad for my company. I had an ad in issue 1.

I will make it my mission to avoid anyone supporting that magazine. That includes advertisers.

I figured as much. I have no pending ads right now. Of course they could do a Bruce W and keep running ads.

bigasic

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Quote from: Littleshop on September 09, 2012, 12:41:49 PM

Quote from: bigasic on September 09, 2012, 11:38:51 AM

All i have to say is that this is HUGE black eye for Bitcoin Magazine.. I'm sure that if he already isn't relieved of his "Editor-in Chief" title with them, I would be very surprised.

I, for one, will not subscribe to the Bitcoin Magazine until this mess is taken care of or that Bitcoin Magazine comes out and lets us know that he has nothing to do with the Magazine any longer.. Sorry Matthew, you made your own bed on this one...

Mainly because I was going to use my winnings that I bet with Matthew to subscribe to the Magazine, lol..

I do realize that Bitcoin Magazine did not condone this bet. But, it's still a black eye, nonetheless...

So if I were to place another ad with Bitcoin Magazine I presume it would look bad for my company. I had an ad in issue 1.

Note. I am responding to the above poster...

I, personally, will never knowingly help, contribute to a known scammer/liar and that means every business that person/organization is involved with. It's truly unfortunate for this to happen. I was looking forward to subscribing. I know that my one little subscription wont make a dent. but, when I tell 2 people and so on and so on.. Why do you think network marketing companies do so well?

I can never trust that person or company again. Unless they cut all ties and do what they can to minimize the damage.. I wonder if the latest scam will be in their issue, lol.. I won't know because I won't read it..(Unless they distance themselves from him, then I will gladly be back)..

I guess the balls in Bitcoin magazines court.. I totally understand that they got shafted, but you are only as honest as your "Editor-in-chief"....

dust

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Quote from: fgmnp on September 09, 2012, 01:03:50 PM

This is the probably the most blatant large-scale scam I have seen here to date.

Are you forgetting pirate already?

fgmnp

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This is the probably the most blatant large-scale scam I have seen here to date.

bitcoiners

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Quote from: Littleshop on September 09, 2012, 12:41:49 PM

Quote from: bigasic on September 09, 2012, 11:38:51 AM

All i have to say is that this is HUGE black eye for Bitcoin Magazine.. I'm sure that if he already isn't relieved of his "Editor-in Chief" title with them, I would be very surprised.

I, for one, will not subscribe to the Bitcoin Magazine until this mess is taken care of or that Bitcoin Magazine comes out and lets us know that he has nothing to do with the Magazine any longer.. Sorry Matthew, you made your own bed on this one...

Mainly because I was going to use my winnings that I bet with Matthew to subscribe to the Magazine, lol..

I do realize that Bitcoin Magazine did not condone this bet. But, it's still a black eye, nonetheless...

So if I were to place another ad with Bitcoin Magazine I presume it would look bad for my company. I had an ad in issue 1.

I will make it my mission to avoid anyone supporting that magazine. That includes advertisers.

Littleshop

legendary

Activity: 1386

Merit: 1004

Quote from: bigasic on September 09, 2012, 11:38:51 AM

All i have to say is that this is HUGE black eye for Bitcoin Magazine.. I'm sure that if he already isn't relieved of his "Editor-in Chief" title with them, I would be very surprised.

I, for one, will not subscribe to the Bitcoin Magazine until this mess is taken care of or that Bitcoin Magazine comes out and lets us know that he has nothing to do with the Magazine any longer.. Sorry Matthew, you made your own bed on this one...

Mainly because I was going to use my winnings that I bet with Matthew to subscribe to the Magazine, lol..

I do realize that Bitcoin Magazine did not condone this bet. But, it's still a black eye, nonetheless...

So if I were to place another ad with Bitcoin Magazine I presume it would look bad for my company. I had an ad in issue 1.

bigasic

hero member

Activity: 924

Merit: 1000

All i have to say is that this is HUGE black eye for Bitcoin Magazine.. I'm sure that if he already isn't relieved of his "Editor-in Chief" title with them, I would be very surprised.

I, for one, will not subscribe to the Bitcoin Magazine until this mess is taken care of or that Bitcoin Magazine comes out and lets us know that he has nothing to do with the Magazine any longer.. Sorry Matthew, you made your own bed on this one...

Mainly because I was going to use my winnings that I bet with Matthew to subscribe to the Magazine, lol..

I do realize that Bitcoin Magazine did not condone this bet. But, it's still a black eye, nonetheless...

korila

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Now he lost his bet making weird excuses,

so if he won by any chance then he get to scoop 80000 BTC?
I wonder if Mat was going to take 20BTC from other if he still won from this prop bet.

flower1024

legendary

Activity: 1428

Merit: 1000

Scammer tag has been issued.

Is he still a staff member?

MoPac

newbie

Activity: 41

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Scammer.

Even a very literal interpretation of his contract does not support what he is claiming it does. Anyone trying an "I tricked you in the fine print" scam actually does have to word the fine print correctly, and he didn't.

nimda

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0xFB0D8D1534241423

Scammer tag please. Who knows where he lives?

flower1024

legendary

Activity: 1428

Merit: 1000

Yes. Scammer for sure.

This time even a staff member...

Btw courts dont interpret contracts literally... But as usual he does not have to fear anything.

N12

donator

Activity: 1610

Merit: 1010

I retract my statement, he is not mentally ill.

Just an ordinary scammer.

Topic: Scammer: Matthew N. Wright - page 2. (Read 7355 times)