FWIW:
I have been mulling over this for a long time. I have bet against pirate on betsofbitco.in, posted my feelings in the forum, and pulled in and out of pass-throughs.
Yesterday, I decided that I do not think this is a Ponzi. I wish I would have come to this conclusion much sooner. I will be back in the game some time soon, and I would encourage others to do the same. If I am right, this is one of those investment opportunites that only comes around once in a lifetime.
HB
.....and unfortunately
the ship has sailed for many people, which I couldn't be more happy about. The 'Referral' model is the greatest decision that Pirate made, in regards to new account creation.
With all of the negativity directed towards Pirate, many times through cowardly 'sock puppet' accounts.....no one can really be sure
who is who at times and I for one will NEVER refer anyone because of this. I have been asked, offered bribes, money/BTC...but I will not refer anyone and run the risk of letting someone into the program who may or may not have been shit-talking Pirate and the rest of the BTCST members out of jealousy.
I have trusted Pirate with large sums of BTC since early-mid January and I have never been given any reason to second guess that trust, nor do I see it being a problem in the near future. I have never openly gloated, only shown appreciation for the opportunity that I was given to invest.
A handful of community members have done VERY WELL thanks to Pirate and because he has done so much for so many, some of those same people feel it necessary to 'get his back' when the bullshit begins to fly.
Like a broken record, even though I have said it multiple times before.....I will say it again:
THANK YOU PIRATE...FOR EVERYTHING.
Even at this point in the game, it's still comforting to see all of the 'sour grapes' out there...having no choice BUT to complain and continue to sew the seeds of mistrust about the BTCST, all because they couldn't and now will likely never get an account....
bitlane.
An extremely happy BTCST member.