Hello,
I was linked here by member Chang Hum who told me you may be able to help me with a 100 BTC loan...
I am willing to provide my name, address, phone number, email, HD color photo of my ID, HD color photo of my Social Security card and references along with video/photo proof that I am the person I am identifying myself to be (i.e. a picture or photo of me holding my identification with a name card proving my forum identity).
Additional details on my loan request are posted here: https://bitcointalksearch.org/topic/loan-seeking-100-btc-loan-for-mining-rig-110905
Thank you for your time and consideration!!!
Topic: Starfish BCB - Loans and Deposits - page 10. (Read 60500 times)
Seems Kraken has failed to pay any interest this week.
Newsletter has just been sent, and about to do the payments for the week (0.4826%).
Patrick sent out interest less than 2 days ago. You were the very next person to reply in the Kraken thread after he made the payment statement.
Seems Kraken has failed to pay any interest this week.
Incorrect
Seems Kraken has failed to pay any interest this week.
But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
From what you've publicly disclosed, it appears you were running a Ponzi and still are.Previously, people were borrowing money from you to give to Pirate so that Pirate could give them other investor's money back to repay you. There was no evidence of any legitimate investment. Money was just moving from person to person with new investors paying off old investors. A profit was impossible, except at the expense of other investors who lost. So that was a Ponzi. Perhaps you didn't know it at the time, but it was.
Now, people who invest in Kraken are buying your own bad Pirate debt, allowing you to pay off old investors. Using new investment money to pay off old investors is a Ponzi, unless you believe there's a legitimate investment in the chance of a Pirate payback.
So essentially, you're back where you started, getting people to invest in the hopes Pirate will pay off and using money from new investors to pay back old investors.
Please correct me if my understanding is wrong. Details on Kraken are sparse, so all I can do is speculate. It seems that before you were passing on a con (not realizing people were borrowing to invest in Pirate, not realizing Pirate was totally unreliable), but it now seems you are running the con (you know Pirate is totally unreliable and yet you are selling his debt to pay off past investors who you've already defaulted on).
I was interested in learning the mechanics of the long con Micon thinks I'm pulling because I'm obviously too retarded to have worked it out for myself. But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
I think you did read it wrong, and it would still seem you are running a ponzi, unless I misread something about your kraken fund.
The mechanics seem pretty simple. BCB is insolvent as a result of pirate and pirate related defaults, I dont even think you deny that any longer (do you?).
You stopped accepting deposits to prove you werent running a ponzi, but then you start kraken to attract new deposits. With those funds you bought a bug chunk of pirate debt, probably some/most of the toxic pirate related BCB debt, allowing you to keep reimbursing BCB customers and keep your fanclub happy and loyal. So much so that even some of the very same BCB customers happily invest in kraken even though they werent paid out for BCB yet. Thats the ponzi part, paying old investors with new investors money.
So this buys you time, but the problem now shifts to Kraken obviously. You still seem to have hopes pirate will actually pay out. So you limit your investors profits for kraken to 2.5%. Should the unthinkable happen, and pirate pays out, you get to keep almost all the loot, you can reimburse everyone and become the forum hero.
If pirate doesnt pay out a dime, your kraken investors are screwed, but since its "totally independent" of starfish, most of your fans will still not connect the dots when kraken defaults. After all, you would have honestly paid out some/most of BCB deposits. You just didnt tell them it was with their kraken deposits.
Anyway, thats what I think is currently the most plausible theory.
Careful of that hook patrick it looks suspicious.
I was interested in learning the mechanics of the long con Micon thinks I'm pulling because I'm obviously too retarded to have worked it out for myself. But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
Don't take the bait Patrick, it's just what they're after.
Consider it a weak, idle moment.
I was interested in learning the mechanics of the long con Micon thinks I'm pulling because I'm obviously too retarded to have worked it out for myself. But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
Don't take the bait Patrick, it's just what they're after.
I don't expect people like Gene to leave, or some of the other newer people that like to save everyone else from me. It happens that I'm one of their favourite targets, and that comes with the territory and Bitcoin.
I was interested in learning the mechanics of the long con Micon thinks I'm pulling because I'm obviously too retarded to have worked it out for myself. But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
I was interested in learning the mechanics of the long con Micon thinks I'm pulling because I'm obviously too retarded to have worked it out for myself. But it does seem that I'm not running a ponzi (after several months of accusations - unless I read that wrong).
Dude I have invested in Kraken.
I want you to leave because this thread is meant to discuss developments around Starfish BCB and you're constant ponzi mumbelings are distracting (off topic spam). If you want to "warn" investors by all means do so, but please do it somewhere else so I can ignore it. If you do it here it reduces the signal to noise ratio of the thread to me and takes me more time to read the same content.
I formulated my request in this fashion because I asked Micon before and he won't leave. It's like a group of people that are having a discussion and some weird kid jumping in and shouting non-related stuff breaking up the discussion. In that situation the weird kid will be asked to leave and not disturb the discussion. If he doesn't leave in the end someone will make him. On this forum I haven't the power to make you leave. Please do.
I want you to leave because this thread is meant to discuss developments around Starfish BCB and you're constant ponzi mumbelings are distracting (off topic spam). If you want to "warn" investors by all means do so, but please do it somewhere else so I can ignore it. If you do it here it reduces the signal to noise ratio of the thread to me and takes me more time to read the same content.
I formulated my request in this fashion because I asked Micon before and he won't leave. It's like a group of people that are having a discussion and some weird kid jumping in and shouting non-related stuff breaking up the discussion. In that situation the weird kid will be asked to leave and not disturb the discussion. If he doesn't leave in the end someone will make him. On this forum I haven't the power to make you leave. Please do.
Just click the ignore below our names, put your head in the sand like so many who ignored the warnings about hashking, pirate, obsi etc. You will find out eventually anyway, like when your money is gone.
Good luck with that kraken thing.
Which apparently comes from the news letter and I assume is what Patrick invested his Kraken customer funds in. I can see why he wouldnt want that on a public forum, people might start asking questions.
Retards like you and Micon wouldn't know when to shut it.
Mind your own business. LEAVE.
If I said anything factually incorrect, please point it out.
If you want me to shut up just so that other investors dont realize whats going on before you get (some of) your starfish coins back (possibly from the suckers that bought in to Kraken), then sorry, I cant do you that pleasure.
Interesting to see that there are now some minor bets going on. The three month date is rather arbitrary and I would suggest people don't waste their time/effort/money on it.
http://betsofbitco.in/item?id=696
This is what I'm talking about - your tone here sounds like you are warning people against betting that you will pay back in the next 3 months, because you know there is no chance of that.
Sounds like you will stall / pay back small or post as a sock puppet or 2 with low post count no one has ever heard of to say "thanks starfish, interest + principal rec'd fuck the haters"
you guys understand the symbolic bet now? he is basically saying there is no chance you will get your BTC any time soon. Certainly not by the end of the year. If you have principal tied up with this scammer, you should consider it totally lost at this point, save maybe pennies on the dollar Patrick may decide to send out.
PatrickHarnett isn't your usual fly-by-night scam - he's a confidence man, i.e. the long con. It's not this 1 deal that went bad either - go take a look at the Kranken fund- https://bitcointalksearch.org/topic/kraken-fund-100913
It looks like he got investors to buy all of his bad Pirate debt. And somehow, he's already paid them "profits" from an unspecified source. It's getting harder to see Patrick as a victim and easier to see him as a con artist.Indeed, Im beginning to change my mind too. So much for the argument that Patrick is no longer accepting new deposits, he just switched from starfish to Kraken to get fresh money. Even after Pirate defaulted, it seems he took investors money and turned at least 5000BTC of it in to "undervalued" pirate debt ( probably his own pirate debt), using that "kraken" fund. Note that this fund will not pay its investors more than 2.5%, he gets to keep anything above that. What a deal! So if pirate somehow does pay out, Patrick gets to keep almost all the loot, if Pirate doesnt pay up, its his investors that are screwed, because despite "guaranteeing" the face value, it should be clear by now that Patrick is way under water. In essence he just doubled his bet on Pirate and did it with borrowed money.
I guess that also explains why he is still keeping up appearances, just in case Pirate does somehow pay out.
If anyone would like to publish his "newsletters" that contain information he is not posting publicly, Id be very much interested in reading it. Eg, Goat posted this:
PPT.A, PPT.B, PPT.E 3540 BTC
Payb.tc 1140 BTC
TyGrr Bond.P 170 BTC
https://bitcointalksearch.org/topic/kraken-fund-100913
Which apparently comes from the news letter and I assume is what Patrick invested his Kraken customer funds in. I can see why he wouldnt want that on a public forum, people might start asking questions.
Where did this end on year wind down time limit pop up from anyway? Link/quote from Patrick? I hope you didn't pluck that figure out of thin air Micon.
I think it was made up. I have not specified a time frame.
you should be mad at him instead of me.
I'm not mad at anyone
oh well, you guys keep doing whatever it is your doing.. and hopefully you will achieve whatever it is you intend to achieve
Micon and co - why don't you all go after people who are not making any attempts to give people back money ?
What are you peoples hoping to achieve in this thread ?
What are you peoples hoping to achieve in this thread ?
Good Question.
PatrickHarnett isn't your usual fly-by-night scam - he's a confidence man, i.e. the long con. It's not this 1 deal that went bad either - go take a look at the Kranken fund- https://bitcointalksearch.org/topic/kraken-fund-100913
He's also basically said there was no way he would ever pay back starfish principle, even when given until the end of the year.
It's a plain and simple scam, you should be mad at him instead of me.
Where did this end on year wind down time limit pop up from anyway? Link/quote from Patrick? I hope you didn't pluck that figure out of thin air Micon.
PatrickHarnett isn't your usual fly-by-night scam - he's a confidence man, i.e. the long con. It's not this 1 deal that went bad either - go take a look at the Kranken fund- https://bitcointalksearch.org/topic/kraken-fund-100913
It looks like he got investors to buy all of his bad Pirate debt. And somehow, he's already paid them "profits" from an unspecified source. It's getting harder to see Patrick as a victim and easier to see him as a con artist.Micon and co - why don't you all go after people who are not making any attempts to give people back money ?
What are you peoples hoping to achieve in this thread ?
What are you peoples hoping to achieve in this thread ?
Good Question.
PatrickHarnett isn't your usual fly-by-night scam - he's a confidence man, i.e. the long con. It's not this 1 deal that went bad either - go take a look at the Kranken fund- https://bitcointalksearch.org/topic/kraken-fund-100913
He's also basically said there was no way he would ever pay back starfish principle, even when given until the end of the year.
It's a plain and simple scam, you should be mad at him instead of me.
received my full deposit + principal.
thanks patrick ! will be glad to do more bussines in the future
thanks patrick ! will be glad to do more bussines in the future
Jump to: