This matches a politician's skill in evading to answer the questions posed.

I merely asked for an explanation of the extreme dependence between the size of individual deposits and returns. This is a classic HYIP aspect, and the current changes should make an explanation even more difficult. This is a pretty clear point that does not call for hiding in fancy wording.



psy... let me answer that. Yes, the link makes pretty clear why a Ponzi often desires to put limits on its growth, see his initial trouble with "The Whale". Limiting growth lengthens the lifetime of a Ponzi, increasing overall returns. It might help to understand my position before trying to flame it away. Strange how it's the same users and the same types of posts, I only ever remember you from pro-pirate posts.

If it makes you feel better, I'll be keeping this post of yours for later reference, just as I encourage everyone to nag me with mine if I turn out wrong.



It doesn't take an oracle to guess whom my posts are not directed at, and why I'm angry. The more interesting question is, why are so many "investors" angry, and what purpose does a post serve that tells me to fuck off instead of addressing any arguments? If this were just about silently reaping returns, there's really not much reason to engage in enormous flamewars. But this is about dragging in more people fast, and the susceptible ones only. This is why the forum flamewar becomes important, and this is why I deliberately broke the usual forum etiquette.

Well, you are right insofar as I'm running out of time I can spend whiteknighting. I'll just conclude for now that there wasn't a single argument that made sense to me, the counters came almost exclusively from users I was already tracking for excessive BS&T "discussion" involvement, and they mostly consist of "GTFO" or copypasta-quality text to bury my posts.

Well, so I will "STFU and GTFO" for now. There's only a single account left I was probing for the blacklist, which is quite the quota given the short time-frame of this little intermezzo.

Valid reason to be angry? How about "damaging the public image and stability of Bitcoin at a time that is absolutely irreplaceable for reaching critical mass, which could change global economics forever," is that a valid reason for you?

The rest of that post is going nowhere. If I assume the business to be a Ponzi, there is no protection in changing rates one way or another. Making people responsible for their mistakes does not mean you can scam them. Whatever businesses I have run, my track record in Bitcoin speculation should speak for itself, just look up my posts around trend changes. The question who has ever run a legitimate business is an interesting one though, and I won't take gpumax for an answer. Oh, right, I'm not talking with Pirate. I tend to forget, the posts sometimes seem as if you are talking in his stead.

Nope... I'm honestly out of energy and time. This battle is just too time-consuming to keep up.

I admit many arguments have been there in similar form. But they were not refuted, so I tried to clarify them to the best of my ability. I really posted everything I can safely post for now, and I believe it suffices to raise doubt, even if it has been said before.

I've never claimed the leaders and defenders of the scheme are stupid. In fact, this is well constructed and well orchestrated. The discussion is also putting on quite some pressure, which explains why only a handful of skeptics remain active. Were this Eve Online again, I would be cheering for many of the guys I want to blacklist here. Because these people are good at it, and I like good style regardless of the art.

But this isn't just some fun. It's not just about a few hundred thousand dollars. I'm not claiming to know for sure, but Bitcoin right now looks like a chaotic system; it's important what happens next. We need to cooperate to make this work, to decide at our future's crossroad, and there may be no way back if we choose the wrong way.

Go ahead, bury the posts again, I can't stay in front of this screen a minute longer. It's past 4am, I will miss a talk tomorrow because of this. And know what? It was probably worth it.

Right, don't take a chance on anything; don't rock the boat; maintain the status quo whether it's good or bad.

Fin.

Yes, another ponzi cycle.  Vandroiy is the only one who seems angry, and perhaps imsaguy telling him to shut up.

TL;DR Vandroiy seems to think BS&T is hurting the bitcoin economy.  Though the coins we get each Monday would indicate otherwise.

I think I'll go back to reading only the OP, it saves a lot of time.   

An interesting read at least... Here's the link to the second page if anyone is interested.

http://web.archive.org/web/20090807121852/http://geocities.com/currintrading/bank.html

@Vandroiy
I think everyone is trying to say: WE ARE AWARE OF THE RISKS! I for one am small time when it comes to my bankroll, and I enjoy the excitement of weekly interest payments and the allure of "doubling up" with the PPT's. If for some reason I loose, God knows it won't be because I wasn't warned. Let us have our fun in peace.

Thank you.

Pirate, could you please answer these questions?

Starts at 5%?  How high can it go and what determines the rate?

I wonder how many Alpaca socks were sold on Eve...