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Make me the happiest boy in the world Joel. Marry me and make me Ms. Robuchon. <3
Join Date: Nov 2009
Mentioned: 336 Post(s)
Tagged: 193 Thread(s)
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i literally almost made a dd account so i could call you a faggot for this
literally i was this close thats how much of a faggot i wanted to alert you to about yourself
Micon,
A few questions:
A)How can you possibly lose this bet at this point? Are you really sweating losing or just getting paid? Why do you feel a person heavily invested in bitcoins will be able to pay? Why would you not escrow? All large bets must be escrowed for a lot of reasons including death.
B)For some reason I thought you actually bet with the pirate. apparently if I am reading correctly, those bets are absurd. Why would he pay those if he isn't paying anything else. Please tell me why any reasonable person would bet a man that if he loses is obviously finished?
-I'm glad you were able to identify an investment with a 400% annual return as a scam. Only a true moron would think this is even remotely possible in the current world free market. Madoff's annual returns were "unusually consistent", around 10%-15% over the longhaul, and were a key factor in perpetuating the fraud. Ponzi schemes typically pay returns of 20% or higher, and collapse quickly. One Madoff fund, which described its "strategy" as focusing on shares in the Standard & Poor's 100-stock index, reported a 10.5% annual return during the previous 17 years. Even at the end of November 2008, amid a general market collapse, the same fund reported that it was up 5.6%, while the same year-to-date total return on the S&P 500-stock index had been negative 38%. That's subtle. This bitcoin exchange pirate deal is totally ridiculous and a rational thinker would be more likely to join a cult than invest in a 400% annual return investment.
The reason? Anything over 15% proven return can be self financed, from almost any bank, regardless of credit with very few exceptions. Those exceptions include governmental/(local/state and federal) and corporate fraud, or flat or flat out organized crime schemes such as insurance fraud. Those are the only investments making over 20% guaranteed: crime. Anything else will have banks lining up to loan you the money. Then, you get 100% of the profit instead of splitting it wit ha bunch of investors. You only pay small amounts in interest.
Fraud/insider trading ideas have to be financed by someone, and in any government contract outright fraud or one-off handshake backscratching deal people must be "paid off" which often requires a large sum of upfront money or a losing business or land giveaway. If you are able to prove you are truly unaware of the bribery or cheating aspects of those investments, then those are the only legitimate guaranteed return over 15-20% investments guaranteed month after month year after year available in the open market.
WARNING: GAMBLE-RANT
Madoff survived because his scheme is financially possible, unlikely, but possible. He also was a past president of NASDAQ and had legitimately profitable trading operations. In short, him even creating a ponzi scheme made no sense whatsoever. He made millions a year legally. That was probably the main reason he was undetected, he had too much to lose. He was too well connected. Number crunching guys smelled a fish, but they assumed he was cheating other people, using his insider connections somehow. This is commonplace. The average Goldman Sach's board member and executive miraculously make a lot better percentage return in the market than their customers. In our unregulated market, they cheat, make money at the expense of the less connected, and are praised as heroes by the very same firefighters, factory workers and truckdrivers from whom they are stealing. Here is the Fox News talking points: " Yeah, let's not stand in the way of progress. No more government red tape, let us not regulate them. Hell, let's not even tax them....let's give them money....they are the backbone of our country, they are the ones doing the hiring and providing jobs." Fox News gets one thing right: they are the backbone of our country, but they miss that that is why they fail. I know very few people in the world of finance that aren't somehow cheating, either indirect insider shit or useless business that should be illegal but isn't.
Madoff was a slimeball with his "legitimate" and legal business too. His trading business traded off the exchange and basically competed against NYSE etc. He executed trades for other brokers. He actually PAID a penny per trade to trade for brokers clients. He made his money through software that executed trades quickly when stocks were sinking and held for small periods of time when the stocks in question were rallying. He basically made interest off other people's money. This is legal in the US. He offered no real service that was a benefit to anyone on earth other to him and he only got "business" with his penny per order legal bribe to brokers. He is an utter waste on our society and I do not understand how people believe that a successful financial business doesn't need regulation because it is making a profit. Is making money providing society nothing in return truly the American Dream? At least in poker you are providing entertainment for the minions of poor players that lose. This money funnels up to the top but the majority players that lose money from small stakes to large stakes truly believe they are "good". They attribute losses to "bad luck". And wins to "skill" but ultimately they are being entertained, which actually provides a service much like pro wrestling.
Micon I mention contributing to society because of your slot play. From what I can gather, that is your job at this time? There is no contribution to society in this field whatsoever. Unlike poker, it isn't entertaining for others as you play alone. If anything people with an edge are sure to close that edge for the people that are entertained as the game providers catch up to you. Bottom line, you are attempting, like Madoff's legal operations, to live off an activity that provides zero to anyone. You will never be happy this way. Use your skills to do something else. there is no free lunch and the pressure of your apparently worthless career (I have no idea if you have anything legitimate going on) is evidenced by your erratic behavior of late. Fighting and falling out with many of your old friends may be a sign you need a change in career to be happy. If the slots is just a entertaining hobby, carry on. If not, you are an unsophisticated, poor man's Madoff without the illegal Ponzi scheme.
Wholly Unsolicited Winning Advice
Take your winnings on the 9th and start a carpet cleaning company, a vending route, buy some ATM machines from me. I'd give them to you at cost. I can start you in a dozen business that will utilize your true skills, and involvement in shady operations aren't really your skill set. Even engaging in a discussion with people that a 400% return is a scam is remarkable. Akin to discussing, arguing and gambling with little kids whether Santa is real. Who the fuck are these morons you are interacting with? Get the fuck out of that world Micon. It is a world of utter shady worthlessness where no one has a goal but to scratch their way to the top with the least effort. Do something other than gamble that money you may be winning. Start a legitimate business that has residual payments. In months you won't be the guy cleaning carpets or servicing ATM machines....you will be able to hire people. Your true skills are sales. You can build a business on that alone, with little upfront. You don't like effort or a normal job? Great! If you establish a business that pays you monthly, like you did with original NWP then you are free to chase your jew-schemes and gambling pleasures. You can't do that shit when you don't have it coming in every month bro. It will make you a fucking asshole.
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