Bitcoin: We've reached the end of the postchain.

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > Bitcoin: We've reached the end of the postchain.

«‹›999 »

The Management: Jan 2, 2010; sup, bitch?

still looking forward to someone getting a tax audit, but with bitcoins

# ? Feb 9, 2014 19:28

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# ? May 13, 2024 03:01

OJ MIST 2 THE DICK: Sep 11, 2008; Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola
-Cheap Trick; Nap Ghost

Dr. Honked posted:

when Magic The Gathering Online Exchange goes down, it won't take bitcoin with it. in fact, it'll be good for bitcoin, because,

the invisible hand of the free market has relieved the pressure of corrupt business practices in an eruption

# ? Feb 9, 2014 19:28

Tanith: Jul 17, 2005; _{Alpha, Beta, Gamma cores

Use them, lose them, salvage more

Kick off the next AI war

In the Persean Sector}

ayn rand hand job posted:

the invisible hand of the free market has relieved the pressure of corrupt business practices in an eruption

the invisible hand gently caresses the prostate

# ? Feb 9, 2014 19:44

jony ive aces: Jun 14, 2012; designer of the lomarf car; Buglord

no you see this proves the success and strength of buttcoin's decentralised design

with magic the gathering online exchange collapsing, numerous other "exchanges" where it's impossible to cash out have all sprung up in its place

# ? Feb 9, 2014 19:50

Shifty Pony: Dec 28, 2004; Up ta somethin'

but will they also unplug the router when the price starts to slide?

# ? Feb 9, 2014 19:52

Joementum: May 23, 2004; jesus christ

you can still cash out of coinbase until the $25m in venture capital dries up

# ? Feb 9, 2014 19:54

Dr. Honked: Jan 9, 2011; eat it you slaaaaaaag

Joementum posted:

you can still cash out of coinbase until the $25m in venture capital dries up

ahh gently caress i was wondering how bitpay manages to get any real money back to merchants. of course, it's the venture capital. dang. except bitpay only got a couple of million.

# ? Feb 9, 2014 19:59

goddamnedtwisto: Dec 31, 2004; If you ask me about the mole people in the London Underground, I WILL be forced to kill you; Fun Shoe

i can't believe i've just realised that bitpay and coinbases entire business model is completely and entirely dependent on bitcoin prices going up uP UP

i feel a tiny bit better about the world tonight

# ? Feb 9, 2014 20:04

Pygmy Pyrosaur: Jun 29, 2007; Welcome to
Kitty City

Dr. Honked posted:

ahh gently caress i was wondering how bitpay manages to get any real money back to merchants. of course, it's the venture capital. dang. except bitpay only got a couple of million.

it's been suspected that they, along with bitinstant, have the insider can-actually-withdraw-cash hookup on the exchanges which causes the price to go down when they sell off their weekly haul every friday

which caused a slide on the non-wizard poker exchanges wherein there was a $200 descrepancy until this latest shitfest

# ? Feb 9, 2014 20:05

TVarmy: Sep 11, 2011; like food and water, my posting has no intrinsic value

What time exactly will we hear Gox explain the technical reasons why they are insolvent?

# ? Feb 9, 2014 20:05

NerdPolice: Jun 18, 2005; GINYU FORCE RULES

i wondered how bitcoin taxes would work. In canada they are capital gains but how would you submit such gains? gox or whoever isn't issuing forms, and if you're doing local bitcoins (which we know doesn't work) even if you got cash it looks like a huge money laundering issue.

# ? Feb 9, 2014 20:06

Joementum: May 23, 2004; jesus christ

goddamnedtwisto posted:

i can't believe i've just realised that bitpay and coinbases entire business model is completely and entirely dependent on bitcoin prices going up uP UP

i feel a tiny bit better about the world tonight

they're charging retailers some transaction fees, which is a reasonable business model, though one that idiot bitcoiners vehemently oppose

bitpay is also almost certainly being used for money laundering

# ? Feb 9, 2014 20:07

Pygmy Pyrosaur: Jun 29, 2007; Welcome to
Kitty City

NerdPolice posted:

i wondered how bitcoin taxes would work. In canada they are capital gains but how would you submit such gains? gox or whoever isn't issuing forms, and if you're doing local bitcoins (which we know doesn't work) even if you got cash it looks like a huge money laundering issue.

lol @ "looks like"

# ? Feb 9, 2014 20:07

FrozenVent: May 1, 2009; The Boeing 737-200QC is the undisputed workhorse of the skies.

Pygmy Pyrosaur posted:

lol @ "looks like"

# ? Feb 9, 2014 20:10

Rannos22: Mar 30, 2011; Everything's the same as it always is.

I dunno I think not having the main bitcoin exchange be literally called "magic the gathering online exchange" might actually help make bitcoin sound more legit.

Eugh, I need to lie down I'm starting to think like them.

# ? Feb 9, 2014 20:12

Joementum: May 23, 2004; jesus christ

actually just looked it up and coinbase doesn't charge a transaction fee on the first $1m in processing and i don't think o.co has hit that yet, so lol

# ? Feb 9, 2014 20:12

jony ive aces: Jun 14, 2012; designer of the lomarf car; Buglord

Joementum posted:

you can still cash out of coinbase until the $25m in venture capital dries up

only if the mongodb errors happen to work in your favor

# ? Feb 9, 2014 20:13

Pygmy Pyrosaur: Jun 29, 2007; Welcome to
Kitty City

thanks, mongodbama

# ? Feb 9, 2014 20:17

motedek: Oct 9, 2012

Joementum posted:

bitpay is also almost certainly being used for money laundering

i look forward to the day when this comes to light

# ? Feb 9, 2014 20:24

Tanith: Jul 17, 2005; _{Alpha, Beta, Gamma cores

Use them, lose them, salvage more

Kick off the next AI war

In the Persean Sector}

http://www.nytimes.com/2014/02/08/opinion/the-post-office-banks-on-the-poor.html

quote:

ATHENS, Ga. � PEOPLE like to complain about banks popping up like Starbucks on every corner these days. But in poor neighborhoods, the phenomenon is quite the opposite: Over the past couple of decades, the banks have pulled out.

Approximately 88 million people in the United States, or 28 percent of the population, have no bank account at all, or do have a bank account, but primarily rely on check-cashing storefronts, payday lenders, title lenders, or even pawnshops to meet their financial needs. And these lenders charge much more for their services than traditional banks. The average annual income for an �unbanked� family is $25,500, and about 10 percent of that income, or $2,412, goes to fees and interest for gaining access to credit or other financial services.

But a possible solution has appeared, in the unlikely guise of the United States Postal Service. The unwieldy institution, which has essentially been self-funded since 1971, and has maxed out its $15 billion line of credit from the federal government, is in financial straits itself. But what it does have is infrastructure, with a post office in most ZIP codes, and a relationship with residents in every kind of neighborhood, from richest to poorest.

Last week, the office of the U.S.P.S. inspector general released a white paper noting the �huge market� represented by the population that is underserved by traditional banks, and proposing that the post office get into the business of providing financial services to �those whose needs are not being met.� (I wrote a paper years ago suggesting just such an idea.) Postal banking has a powerful advocate in Senator Elizabeth Warren, Democrat of Massachusetts, who has publicly supported the plan.

The U.S.P.S. � which already handles money orders for customers � envisions offering reloadable prepaid debit cards, mobile transactions, domestic and international money transfers, a Bitcoin exchange, and most significantly, small loans. It could offer credit at lower rates than fringe lenders do by taking advantage of economies of scale.

The post office has branches in many low-income neighborhoods that have long been deserted by commercial banks. And people at every level of society have a certain familiarity and comfort in the post office that they do not have in more formal banking institutions � a problem that, as a 2011 study by the Federal Deposit Insurance Corporation demonstrated, can keep the poor from using even the banks that are willing to offer them services.

Many will oppose the idea of a governmental agency providing financial services. Camden R. Fine, chief executive of the Independent Community Bankers of America, has already called the post office proposal �the worst idea since the Ford Edsel.� But the federal government already provides interest-free �financial services� to the largest banks (not to mention the recent bailout funds). And this is done under an implicit social contract: The state supports and insures the banking system, and in return, banks are to provide the general population with access to credit, loans and savings. But in reality, too many are left out.

It wasn�t always this way. In 1910, President William Howard Taft established the government-backed postal savings system for recent immigrants and the poor. It lasted until 1967. The government also supported and insured credit unions and savings-and-loans specifically created to provide credit to low-income earners.

Yes, the USPS will step into the gap left by MTGOX. lol

# ? Feb 9, 2014 20:45

kitten emergency: Jan 13, 2008; get meow this wack-ass crystal prison

banking is a pretty good niche for the USPS to service. they should also give everyone an email account.

# ? Feb 9, 2014 20:48

jony ive aces: Jun 14, 2012; designer of the lomarf car; Buglord

getting a state :argh:

-run bureaucracy :argh:

to become banksters :argh:

and have them sell butts will be a good thing for bitcoin because

# ? Feb 9, 2014 20:55

maniacdevnull: Apr 18, 2007; FOUR CUBIC FRAMES
DISPROVES SOFT G GOD
YOU ARE EDUCATED STUPID

uncurable mlady posted:

banking is a pretty good niche for the USPS to service. they should also give everyone an email account.

yah, then i could pay all my bills online from my postobank account

# ? Feb 9, 2014 20:57

funeral home DJ: Apr 21, 2003; Pillbug

maniacdevnull posted:

yah, then i could pay all my bills online from my postobank account

https://www.postbank.de

actually works p. well in Germany, they got their poo poo together

# ? Feb 9, 2014 21:06

Joementum: May 23, 2004; jesus christ

the source for the "USPS bitcoin exchange" thing seems to be that the OIG's office held a webinar on virtual currency on 1/29

bitcoiners interpreted this as a clear signal they were setting up an exchange because they don't understand anything about government

# ? Feb 9, 2014 21:07

kitten emergency: Jan 13, 2008; get meow this wack-ass crystal prison

i missed the 'bitcoin exchange' part

i was just referring to it being a good idea for the USPS to give everyone a bank account and email address

# ? Feb 9, 2014 21:09

Notorious b.s.d.: Jan 25, 2003; by Reene

prefect posted:

google "furry porn coffee table" and it should be the first link (also if you use google image search)

or just http://i.imgur.com/UQqrY.jpg

everything in this image is great

i'm the....

living room so small the subwoofer is wedged against the coffee table
overstuffed 1990s furniture taken from a suburban 'greatroom' and re-used in a tiny apartment
$100 flat-pack av center from the mid-80s, inexplicably surviving into the modern era
horse blanket
cigarette burns

# ? Feb 9, 2014 21:10

Squeezy Farm: Jun 16, 2009

...! posted:

i'm getting warmer:

https://bitcointalk.org/index.php?topic=75673.0;all

April 24, 2012, 07:08:24 PM

Suggestion for the app store version - leave the functionality in, but disabled through a hidden setting, via a configuration file on the sd card or something so its easy to hack. I have friends who refuse to jailbreak their devices and want to get them to install this... I'll never understand why people would use a product where the manufacturer actively tries to control what you can do with it. Whats the incentive for apple to limit apps anyway?...

--

May 09, 2012, 09:49:10 AM

Apple removed the app from the iTunes store last night, no explanation given:

Quote
Dear Qkos Services Ltd,
The status for the following app has changed to Removed From Sale.

App Name: Blockchain
App Version Number: 1.9.2
App SKU: v1
App Apple ID:493253309
To make changes to this app, sign in to iTunes Connect and open the Manage Your Applications module.

If you have any questions regarding your app, click Contact Us in iTunes Connect.

Regards,

The iTunes Store Team

--

May 09, 2012, 06:24:29 PM

I called apple and they said it was removed due to violating App Store View Guideline 22.1, which is:

Quote
Apps must comply with all legal requirements in any location where they are made available to users. It is the developer's obligation to understand and conform to all local laws

Initially the guy thought the app was for gambling, not sure why. But anyway he just told me i need to contact the legal department for an exact explanation of what laws it violates.

--

May 27, 2012, 01:31:57 AM

Any information on what it will take to get this app back in the official app store?

--

May 27, 2012, 02:19:56 AM

A "fixed" version that gives Apple 20% in fees.

--

May 27, 2012, 09:36:57 AM

Paypal has an Iphone app, and they don't pay Apple a royalty.
I don't see why Bitcoin apps wouldn't be allowed when Paypal is.

--

May 27, 2012, 09:45:39 AM

I'ld like to see some bitcoin app become so popular where hundreds of thousands of iPhone users go to jailbreak because the app isn't allowed on the App Store. Apple might rethink their strategy then. Maybe SatoshiDICE or something like that ends up being the driver to cause that to happen.

There's always the FTC AntiTrust laws -- maybe Apple is doing this to keep competition for their payments system at bay.

--

May 30, 2012, 05:38:14 AM

Looks like Apple is getting a little heat for their policy:

Flattr: we�re victims of an �app dictatorship�

Quote
It�s like a jury that judges you but doesn�t explain why,� he said. �It�s an app dictatorship, or a monopoly. The problem is that we�re centralizing all of our communications� big corporates say they want a free market, but they really want to lock people up. It�s not just Apple: Google is going this way, Facebook is definitely going this way.�

- http://gigaom.com/europe/flattr-apple-app-dictatorship/

Duh: Apple doesn�t want Flattr money flowing through its apps if it can�t take a cut

Quote
This has to do with the fact that using the very disruptive service Flattr, apps can process micro-payments without Apple�s involvement. Basically, Apple isn�t getting a cut of the action.
- http://thenextweb.com/apple/2012/05/28/duh-apple-doesnt-want-flattr-money-flowing-through-its-apps-if-it-cant-take-a-cut

Quote
The following point in their App Store Review Guidelines:

There was one clue given, that might be useful as a workaround for this app.

21.2 The collection of donations must be done via a web site in Safari or an SMS

- http://blog.flattr.net/2012/05/apple-rejected-flattr-and-its-not-the-end

So ya, why not. Have the app create the script and route that out through using SMS. (i.e., the app can function with network connectivity turned off, so you prove the app isn't performing the transaction). Unless that violates the spirit of their policy and they would reject it on that grounds, who knows.

I wonder what the difference is though between an app that uses Flattr and an app that uses PayPal, as far as being used to transfer funds from one person to another.

--

August 14, 2012, 07:59:47 AM

v1.9.8 is back to being accessible from App Store

http://itunes.apple.com/gb/app/blockchain/id493253309?mt=8&ls=1

--

August 14, 2012, 12:47:58 PM

Did Apple reverse it's decision, or did this just slip through the cracks?

--

August 14, 2012, 01:49:07 PM

I installed the app but it appears to be "watch only". Any ideas on how to add regular functionality?

--

October 02, 2013, 11:06:24 PM

Last app update is over one year ago. Why isn't there anything updated. There are so many iOS users out there.

--

October 03, 2013, 12:19:12 AM

Because we are afraid that apple might pull the current version of the app as well.

LMAO!

# ? Feb 9, 2014 21:11

kitten emergency: Jan 13, 2008; get meow this wack-ass crystal prison

Notorious b.s.d. posted:

everything in this image is great

i'm the....

living room so small the subwoofer is wedged against the coffee table

overstuffed 1990s furniture taken from a suburban 'greatroom' and re-used in a tiny apartment

$100 flat-pack av center from the mid-80s, inexplicably surviving into the modern era

horse blanket

cigarette burns

dog dick

# ? Feb 9, 2014 21:11

Erenthal: Jan 1, 2008; A relaxing walk in the woods; Grimey Drawer

Notorious b.s.d. posted:

everything in this image is great

i'm the....

living room so small the subwoofer is wedged against the coffee table

overstuffed 1990s furniture taken from a suburban 'greatroom' and re-used in a tiny apartment

$100 flat-pack av center from the mid-80s, inexplicably surviving into the modern era

horse blanket

cigarette burns

i'm the photographer, bound and gagged

# ? Feb 9, 2014 21:13

killhamster: Apr 15, 2004; SCAMMER
Hero Member

...! posted:

Bitcoin threatens cleptocracy and through that bitcoin saves capitalism - Andreas Antonopoulos

ahahahahahahahahahaha

yes bitcoin is discouraging theft

# ? Feb 9, 2014 21:14

Notorious b.s.d.: Jan 25, 2003; by Reene

uncurable mlady posted:

dog dick

there's a lot of tension etched into that image. that anthropomorphic dog is gonna burn his genitals, any second now

# ? Feb 9, 2014 21:17

OJ MIST 2 THE DICK: Sep 11, 2008; Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola
-Cheap Trick; Nap Ghost

killhamster posted:

ahahahahahahahahahaha

yes bitcoin is discouraging theft

come on man

it's not like someone started a ponzi scheme up recently or anything

# ? Feb 9, 2014 21:18

Rannos22: Mar 30, 2011; Everything's the same as it always is.

ayn rand hand job posted:

come on man

it's not like someone started a ponzi scheme up recently or anything

No MtGox is ending not starting :v:

# ? Feb 9, 2014 21:20

GameCube: Nov 21, 2006

Notorious b.s.d. posted:

everything in this image is great

i'm the....

living room so small the subwoofer is wedged against the coffee table

overstuffed 1990s furniture taken from a suburban 'greatroom' and re-used in a tiny apartment

$100 flat-pack av center from the mid-80s, inexplicably surviving into the modern era

horse blanket

cigarette burns

i'm the print shop guy who agreed to put that on a coffee table instead of quitting his job on the spot

# ? Feb 9, 2014 21:21

funeral home DJ: Apr 21, 2003; Pillbug

ayn rand hand job posted:

come on man

it's not like someone started a ponzi scheme up recently or anything

bitcoin: safe and secure since

~~Feb 2, 2014~~
~~Feb 4, 2014~~
~~Feb 7, 2014~~
~~Feb 8, 2014~~
Feb 9, 2014

# ? Feb 9, 2014 21:22

Notorious b.s.d.: Jan 25, 2003; by Reene

Werthog 95 posted:

i'm the print shop guy who agreed to put that on a coffee table instead of quitting his job on the spot

you mean, you're the print shop guy who ran off two copies

# ? Feb 9, 2014 21:22

maniacdevnull: Apr 18, 2007; FOUR CUBIC FRAMES
DISPROVES SOFT G GOD
YOU ARE EDUCATED STUPID

Notorious b.s.d. posted:

there's a lot of tension etched into that image. that anthropomorphic dog is gonna burn his genitals, any second now

go on

# ? Feb 9, 2014 21:42

GameCube: Nov 21, 2006

Notorious b.s.d. posted:

you mean, you're the print shop guy who ran off two copies

# ? Feb 9, 2014 21:43

Adbot: ADBOT LOVES YOU

# ? May 13, 2024 03:01

Robawesome: Jul 22, 2005

# ? Feb 9, 2014 21:45

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > Bitcoin: We've reached the end of the postchain.

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