Topic: The pirate speaks - page 2. (Read 12963 times)

Six days below the 30 day EMA after...2+ months over?

I call that buying opportunity. Greed is good.

Classic Ponzi schemes have a negative return on effort.

• Bernie Madoff worked for full time for 20 years on his business and recovered nothing.  His son killed himself and he got a 150 year prison sentence.
• Charles Ponzi work full time on his business for 2 years and recovered nothing.  He spent 14 years in prision and was then deported to Italy.  He died in poverty.

40% fall in 3 days. What do you want to call?

Price crash? I must of missed that one.

There are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity.

> I bought my first bitcoins the day I register on this forum
>implying I'm not a long-time lurker
>implying Bitcoin isn't vulnerable as fuck
..
there are many ways this affects the rest of the community. it's not just price crash and terribly bad publicity. govt might get involved and destroy Bitcoin with one stupid law. one wise man on this forum once said : you have to realize that you represent Bitcoin with everything you do.
seems to me that you're just looking to make quick cash and don't really give a shit about Bitcoin at all. truth be told, I'm glad pirate ripped you off. serves you right.

Exactly how BTCST and investors affects you (early adopter registered a month ago) and the project bitcoin? Here are all bitcoin enthusiasts, the only difference is we have the balls to take risks.

Go to section of developers because you only interested in the technical side and stop bothering.

Go ahead try it.  I think you will fail.  It's not easy.  In fact it looks like it was difficult.  If pirateat40 was running a ponzi I don't think his return on effort was all that much.  And his return gets worse as time passes.

Classic Ponzi schemes have a negative return on effort.

• Bernie Madoff worked for full time for 20 years on his business and recovered nothing.  His son killed himself and he got a 150 year prison sentence.
• Charles Ponzi work full time on his business for 2 years and recovered nothing.  He spent 14 years in prision and was then deported to Italy.  He died in poverty.

That's the problem. For me it's not just money. I like this project, I care about it. I invest in it and watch the whole environment grow. ...and then some fucking idiot like you comes and ruins everything out of greed. Because BTCST didn't look like a good investment at all. Pirate's victims were too greedy to notice an obvious, blatant ponzi scheme.

Hurr, durr, 7% per week. I'm gonna be rich...

Seriously, idiots like you should stop being involved in Bitcoin. Sell your btcs and go away. Plenty of fiat ponzi schemes out there.

And how exactly do you know that?

I do not understand people who have nothing to do with pirate and are fucking around these threads, like with bitcoinica, etc.

The whole community is focused on the money ... bitcoin is money and BTCST seemed a good investment, want it back is not greed.

But scammers who didn't get caught are filthy rich.

If pirateat40 was running a ponzi I don't think his return on effort was all that much.  And his return gets worse as time passes.

Classic Ponzi schemes have a negative return on effort.

You'd have to wait for some time though. Right now the community is in the phase of moral hangover. When the pirate thing finally fades out, they'll be all bullish for ponzi schemes (and other scams) again.

I don't feel bad. I am disgusted, disappointed and ashamed of other people's idiocy. Even NOW there are still people who still trust pirate at least to some extent. I mean... how is that even possible? They must be completely, utterly retarded, for christ's sake! Only the fact that they've lost large sums of money provides me a little satisfaction. Anyway, I'm enraged. I'm trying to laugh it off, but I guess this is just too much for me.

I guess the quote in my sig pretty much sums it up. Fucking greed is in all of you. And you don't know how to control it yet.

/rant

I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane.

What contract?  Does anyone actually have a signed contract?  A loan document?  Even a promissory note?  

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Loan - Storage
notme

By investing with pirateat40 (Trendon Shavers) you agree to allow your coins to be traded or sold at anytime to anyone. Your balance will remain unchanged regardless if there are pending transactions conducted by pirateat40. In return you will be paid 1% per day in interest that will be paid out every 3 days starting on your deposit date.  In the event you wish to withdraw your funds you must make a request via IRC or email ([email protected]).  You will receive the your withdraw within 24 hours, minus any interest earned until the next interest payout date.

Your deposit address is 1RyHc22Ma7UZDjjG1pdQREhA4bbAZPHZG

pirateat40

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I almost feel bad about having principles and not taking advantage of all these idiots. This guy is playing the Ponzi scam book line by line. This is so easy it's insane.