Note that payb.tc is citing emotional distress as the reason for the deletions. 

More likely is that he and his ilk feel that they can no longer control the message in here and are consolidating and shutting up. This follows pirate's pattern and incidentally closely matches prior ponzi operator behavior.

http://web.archive.org/web/20091026234156/http://geocities.com/currintrading/

Some approaches (to be used in phases or in combination):




On threat-flooding:

And much, much more.

Really, there is much in common with this document:
http://cryptome.org/2012/07/gent-forum-spies.htm

a very captivating read. thanks for the link, gene.

you mean the "Bitcoins was a scam"-thread: http://www.talkgold.com/forum/r340544-.html?


I think you'd have to point us more specifically or give us some sort of a hint as to how this forum tells us pirate is not legit. Do you think pirate sells the BTC and invests them into these high risk investment programs presented there?

Except that the entire value of losses in that currintrading scam totaled about $50K USD.  This is between one to two orders of magnitude greater.

Also, scams were allowed in that virtual world and there was almost no legitimacy in anything.  EVE players involved were just thrill seekers, essentially.

That currintrading post-mortem is great reading though.  It gives great insight into the mind of the ponzi master.




One thing that doesn't get enough consideration is that there are people who do not want Bitcoin to be successful.  Perhaps Austrian economics drives a stake through their belief system or for others it is the fear that Bitcoin will displace their gold and silver where Bitcoin threatens the value of the wealth they've accumulated over the years.

For whatever reason, there are people who would like nothing more than for a ponzi scheme to suck up hundreds of thousands of bitcoins from those who willingly handed them over and to some day read headlines about a several million dollar ponzi that will further sully the Bitcoin brand.

Even without being invested themselves, these ponzi-promoters will argue endlessly to support the ponzi as to them the end justifies the means.

So, the operator of a ponzi and the feeder funds are in it for the profit.  There is then a vocal minority that will defend it.  There is also the ponzi investor base that are either sheep being led to slaughter or are aware of the risks and continue on believing the collapse to be far enough out that the potential to snag profit exists yet.  Few of the victims can claim innocence when later making pleas for mercy to get their money back.

Seeing growth in not just the number of "investors" but in the amounts involved is something both entertaining and satisfying to those who want to see maximum pain inflicted to Bitcoin.  The longer this goes, the bigger their smile.

Stephen Gornick, you are correct on all points.

Given the likely fallout, it is certainly possible that this recent scourge of ponzi schemes is a deliberate and concerted effort to undermine bitcoin.

On a related note, I think these questions are worth cross-posting:

Thanks for the clarification. Lol @ the bolded part. Someone able should draw a picture of dudes navigating steaming piles of Ponzi pyramids. Cracks me up.

That's what team Ponzi want - no freedom of choice for anyone. They don't offer recommendations, but demands.

If you did plunk down 15k, it's your money, your decision, and your ass iff things go awry.

Just pull the principal after ~11 weeks and let the rest ride. Then there's no more risk.

Hey team Ponzi: ignorance is expensive, especially in the form of lost profit!

Tide's coming back in... you can almost set your watch by the sets of comments.

Yea me too, thats why I invited him to join bitcoinmax, its about the only way he will make back his money <grins>

kind regards