Quote from: muyuu on August 22, 2012, 10:58:30 PM

Quote from: BadBitcoin on August 22, 2012, 10:54:11 PM

Quote from: 556j on August 22, 2012, 09:48:17 PM

Few bucks? Pretty small minded thinking. bitlane a vocal (and annoying) member has about $25,000 USD tied up in this. Your 20 btc is insignificant, but to assume every one complaining has so little invested is ignorant. That's double what a good number of Americans make in a year of working 8 hours a day, 40 hours a week, for 50 (or more) weeks. You are surprised that it's dominating the forums when what looks like the biggest scam in bitcoin's history is going down?

I had my entire university fund in bitcoinica for a single week, and during that week it was hacked and I haven't gotten a penny back, I made the bitcoinica investigation and then stopped mentioning it because talking about it won't get me my money back, and bitcoinica was a fully licensed financial services corporation that had a completely acceptable EULA.

Pirate was giving you 7% returns from the start, on a shady forum account, with absolutely no information regarding what he was putting the money towards or any guarantee on ever paying back, come on, think about it, why not just play poker? But calling me ignorant for over my small value invested in pirate is laughable, because you and I both know you shouldn't have put more than that in, in the first place.

Bitcoinica was hacked 2 times before they got "third time lucky" - they only denied repayments after the last hack. It was terribly reckless to have your entire University fund in Bitcoinica to the bitter end. No two ways about that.

agreed, and I don't disagree on the wrecklessness on it, and I've learned from it, however what I'm saying is bitching and moaning about pirate potentially defaulting is laughable by comparison.

My protip: accept it as a loss right now, and if he pays you back, awesome, if not, you already wrote it off in your head so it won't matter.