Post
Topic
Board Scam Accusations
Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes
by
TECSHARE
on 12/12/2019, 15:14:29 UTC

Just because you have some facts doesn't mean they support your every conclusion. You have established a relationship. You haven't established intent, harmed parties, or even missing funds. Your conclusions rely on speculation, assumption, and suspicion, not facts. You have come to a conclusion first then are attempting to arrange the facts around that conclusion. That is called confirmation bias, and it is a logical fallacy.

I hadn't made any conclusions until yesterday.  If you'd have read the thread you would've known that I was open about the fact that I could be wrong.

Right now (as of yesterday) there is enough evidence to prove beyond a reasonable doubt that Og stole BTC144 and I don't need Pirates statement about paying out OgNasty in full to prove it.   (There is evidence that he took more, but it's not strong enough (yet).)


We have pirates ledger for every transaction.
We have ogs thread archived.
We have both Pirates and OgNastys wallets indexed on wallet explorer.
We have the block chain.

Og was receiving weekly interest payments from Pirate, and making monthly payments to his pass through investors.

The last interest payment Og sent to his investors was on August 2, 2012.  

On August 6  Og received an interested payment of BTC66.8
On August 13 Og received an interested payment of  BTC39.2
On August 17 He received a withdraw for BTC38

On Sept 2 he paid out the insurance he had been collecting to 4 investors.  BTC9.92, BTC4.59, BTC22.95 and BTC27.54

We know that was the insurance because Og posted on the same day 'reserves have been paid, pirate has defaulted', and they total BTC65, the same amount Og listed as the 'current reserves' on August 2.

You'll find transaction ids to all of these in the thread if you decide to bother looking into it.

This is exactly what I am talking about. A discrepancy in the numbers does not equal theft. Again, you are making conclusions then arranging the facts around it to support that conclusion, not looking at the facts and making a conclusion based on the facts. This is textbook confirmation bias. You are so thirsty for this to serve your personal vendettas. You aren't interested in facts or an honest assessment of what happened here. You are only interested in crafting a narrative that is maximally destructive to OGNasty's reputation because your target is the man, not any damages caused.