Quote from: JoelKatz on September 10, 2012, 11:15:08 PM

Quote from: repentance on September 10, 2012, 11:07:46 PM

Buying pirate debt on the basis of someone else's actions is ridiculous - you have no way of knowing whether they're just trying to inflate the price for their own benefit.

You're seriously arguing that if you take a loss because you trusted someone, it's your fault for trusting them? Or are you saying it was ridiculous for anyone to trust Matthew? Are you secretly trying to make him look worse?

I'm not repentance but I'm going to address this since I like the questions.

Quote from: JoelKatz on September 10, 2012, 11:15:08 PM

You're seriously arguing that if you take a loss because you trusted someone, it's your fault for trusting them?

Yes, there is some fault in making a bad decision. Solely blaming the trusted person misses out on a learning opportunity. This doesn't absolve the person who lied or mislead of the direct blame. Fault and blame aren't a limited resource or restricted to some maximum value for the purposes of distributing among participants.

Quote from: JoelKatz on September 10, 2012, 11:15:08 PM

Or are you saying it was ridiculous for anyone to trust Matthew?

Some have been saying that before any of this and they continued to say it when the bet was posted. That doesn't make his bet a joke though. Personally, when the bet was at 10K I thought it was possible he was just flush with coins and doing some sort of quirky promotion.

Quote from: JoelKatz on September 10, 2012, 11:15:08 PM

Are you secretly trying to make him look worse?

Matthew looks terrible with this bet without secret help from repentance. Most of those who trusted Matthew to honor it and got burned are from the group Matthew appeared to be defending.