Quote from: DutchBrat on August 31, 2012, 10:17:25 PM

Quote from: matthewh3 on August 31, 2012, 10:08:46 PM

Quote from: DutchBrat on August 31, 2012, 10:07:38 PM

Quote from: JoelKatz on August 31, 2012, 10:01:34 PM

For example, if the price of Bitcoin drops to $1 in four months and he pays people back the number of Bitcoins owed, does that count as him paying back?

300 BTC owed is 300 BTC owed.... No matter what the fiat exchange rate...

I thought people wanted BitCoin to succeed as an alternative to fiat not just as another exchange-rate gambling mechanism... I am sadly mistaken...

I think you missed his point.

The point is that you either think

A) Pirate is an upstanding member of the community who is experiencing cash-flow problems but will do his utmost to pay everyone back

or

B) you think that he ran a ponzi scheme and that he will pay you back as little as possible

If A) then you have nothing to worry about, sit back and relax

If B) then everyone must try to maximize their return.... You have to be happy with anything you get back... if that takes giving him some info for whatever strange reason then do so, if you don't feel comfortable, then don't.... It's a ponzi so you don't have any expectations or rights to get your money back... Holding out on giving him any info he requests is not putting the pressure on him.... he will be long gone or lawyered up....

As I have posted before... he would be a pretty stupid ponzi scheme operator if he hadn't planned out his exit long ago

It's either A) or B) ; There's no grey in between where he is a bit honest and a bit ponzi

Or (C) In limbo (by taking the majority of major and senior voices of this forums advice) and in dire straits.