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Mar 18th, 2013
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  1. [2013-02-15 15:29:15] <FonziScheme> why are you so broke all the time SynOps?
  2. [2013-02-15 15:29:20] <GlooBoy> per hour.. wow
  3. [2013-02-15 15:29:26] <SynOps> im not broke
  4. [2013-02-15 15:29:27] <SynOps> lol
  5. [2013-02-15 15:29:34] <FonziScheme> then why do you need to borrow so many coins?
  6. [2013-02-15 15:29:40] <blinkier> @3am GMT?
  7. [2013-02-15 15:29:44] <SynOps> its called investors
  8. [2013-02-15 15:29:48] <SynOps> i pay em back
  9. [2013-02-15 15:29:53] <SynOps> so they keep coming
  10. [2013-02-15 15:29:58] <abb> jesus, GlooBoy you're not kidding. that's getting awfully close to , well I won't say.
  11. [2013-02-15 15:30:11] <FonziScheme> no, it's called revolving debt
  12. [2013-02-15 15:30:17] <GlooBoy> ^^
  13. [2013-02-15 15:30:24] <FonziScheme> it's a well-known scam
  14. [2013-02-15 15:30:35] <stqism> FonziScheme indeed
  15. [2013-02-15 15:30:42] <abb> I was thinking more of usury laws, but that's probably us-centric.
  16. [2013-02-15 15:30:44] *** ppc2voip (~taras@176.8.187.175) has quit IRC
  17. [2013-02-15 15:30:47] <FonziScheme> akin to ponzi schemes
  18. [2013-02-15 15:31:08] <GlooBoy> borrow 1, then 2, 4, 8, 16. oops. price went up too much, cant pay back
  19. [2013-02-15 15:31:21] <SynOps> no my loans are all steady
  20. [2013-02-15 15:31:27] <SynOps> never hop around
  21. [2013-02-15 15:31:35] <abb> All schemes are ponzi schemes, I can prove it if you get some friends and help collect lots of schemes for profit...
  22. [2013-02-15 15:32:19] <abb> Plus there's the implied threat that "if you don't pay, I will flood your IRC channel until you do!"
  23. [2013-02-15 15:32:32] <FonziScheme> you have multiple active loans and several in funding. that IS hopping around.
  24. [2013-02-15 15:32:44] <SynOps> and not to mention, i just bought 25 bitcoins today to pay off a loan on btcjam!
  25. [2013-02-15 15:33:21] <FonziScheme> bought with borrowed coins?
  26. [2013-02-15 15:33:52] <abb> Well hell, what isn't bought with borrowed coins of some type or another.
  27. [2013-02-15 15:33:52] <SynOps> bought with usd currency
  28. [2013-02-15 15:33:56] *** [\\\] (~imsaguy@unaffiliated/imsaguy) has quit IRC
  29. [2013-02-15 15:33:56] <SynOps> western union
  30. [2013-02-15 15:34:16] <abb> (usd currency, which is widely known to be owned/printed by china, so the question stands)
  31. [2013-02-15 15:34:17] <Hiro2> looking to buy MtGoxUSD for PPUSD
  32. [2013-02-15 15:34:32] <SynOps> i borrowed that usd currency from my business savings account
  33. [2013-02-15 15:34:33] <FonziScheme> it's not looking good
  34. [2013-02-15 15:34:44] <stqism> FonziScheme Nope...
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