Quote from: streblo on August 19, 2012, 01:35:42 AM

Quote from: IveBeenBit on August 18, 2012, 12:39:35 AM

some base to pour on the vitriol

Thank you for the eloquent post. The difference in language between the pro- and anti- pirate crowd is stark! Cheesy

The sad, funny thing about BTCST's demise is that the interest rate was simply too high. Had pirate given 1, or 2, or 3% out and kept the difference for himself, nobody would have cried ponzi and it could have chugged along with other ventures. But instead he generously gave out 7% -- a majority of his earnings -- which ultimately lead to the ponzi FUD and downfall. His kindness was his weakness Cry

Sure he could have chugged along with the other ventures. But do you think he could have accumulated half a million bitcoins?