Topic: Speculation concerning BS&T and PPT - Facts and thoughts - page 2. (Read 3102 times)

Why do people get so pissy about threads?

I can understand getting mad about an asshole cutting you off on the road but a thread on a FORUM!?!?!?!?!

OMG it's the end of the world.

 

 

Moar threads on the same subject! Let's do a 51% attack on open threads!

Right before his supposed meet-up, he opens the "trust" to anyone, no referral/invite necessary. LOL

Looking forward to a bunch of posts from people wondering about their withdrawals... poor saps 

1. BS&T and PPT will forever (if they still exist years from now) decrease interest rate payments due to the rising demand for bitcoins, the rising difficulty to mine bitcoins, and the block halving every 4 years (one upcoming soon).

2. Pirate trading with customer funds makes him somewhat of a "money manager" which the last time I checked you need to be licensed to do that sort of thing. Then again with bitcoin, the law is hazy.

3. People trusting Pirate with their bitcoins without expecting pirate to truly reveal his identity (personal information/contact information) is shady. Now now, meeting up in Vegas isn't much more than a stunt to keep people "comfortable" with investing with him.

4. With Pirate being in Vegas and interest payments being cut in half just about and another round of payments coming up shortly, isn't the the market oddly quiet? I think this confirms what we know based on market movements that he is a big player in the bitcoin market of trading.

5. At some point the gig will be up. There is a threshold coming soon (no predictions) that will likely force Pirate to return everyone's funds (if he can) or run with everyone's funds.

6. If I'm going to "gamble" or trade with my money and possibly lose...i would rather lose because I bought or sold at the wrong time than to have someone else (i.e. Pirate) do it for me and lose it.

Feel free to add below.

Don't be surprised if PPT/Pirate/BS&T joins the names like MyBitcoin.com and Bitcoinica.