Post
Topic
Board Service Discussion
Re: bitcoin-trader.biz
by
david123
on 18/10/2014, 23:33:43 UTC
How does this mess compare to pirate's scam? Calculating in BTC makes no sense because it's so long ago,
but dollar-wise..?

BTCST (The pirateat40 Ponzi) gathered around $5M. BT is relatively small compared to that one. Especially if you consider that the target audience was much smaller back then, with way less people knowing about Bitcoin and owning any Bitcoin.

i did some math few days ago and looking at their wallets they ran with about 7 mils USD

Hmm, I'm really curious if rammy2k2's calculations are right. That would be scary..