Quote from: imsaguy on May 02, 2013, 03:05:27 PM

Quote from: furuknap on May 02, 2013, 03:04:00 PM

Quote from: imsaguy on May 02, 2013, 02:59:15 PM

Quote from: Mausini on May 02, 2013, 10:34:33 AM

dont even mention that shit in connection to asicminer!! firedcat and his team are the most reputable and trustworthy people in bitcoin land. you probably have no idea whats going on here. asicminer has already paid back EVERYTHING from ipo and is just delivering massive profit after massive profit for their shareholders. share value in USD has appreciated by a factor greater than 100 since ipo. bitfountain is not selling any additional shares to the public. tell me, how the fuck can this be a scam?

LOL. I used those same arguments when defending pirate. He was highly trusted on -otc, was delivering on time every 3 days (and then every week), etc

I'm not saying we shouldn't trust friedcat, AM or Bitfountain. They may be perfectly honest, but the business behind it is too murky to effectively evaluate the company.

.b

I totally agree with you. I was just highlighting Mausini's slightly flawed thinking.

Who you trust and why is your decision to make. I was just pointing out that comparing friedcat to pirate is an absolute non-rational stupidity. You may want to have a look on wikipedia what a ponzi scheme is. it requires new investors to pay the old ones. how could friedcat do that, if everything he got from investors is already paid back in double and he never sold a share since ipo??? get your logic straight and dont spread flawed speculation from your gut feeling, because you trusted someone else and got screwed. Seriously, I dont mean to offend you, but that's just wrong.

Thank you!