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killhamster
Apr 15, 2004

SCAMMER
Hero Member

Dixie Cretin Seaman posted:

it seems the latest buttcoin.org post gives the answer :mmmhmm:
nice job kh

i figure they have more important things to worry about than butt coin dot org right now

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Powershift
Nov 23, 2009


theflyingorc posted:

its not even a good foam pitchfork

If they couldn't make a good shovel, what makes you think they could make a good pitchfork?



Whoever runs the buttcoin twitter needs to make the FTC say @buttcoin. We should work together to forumate an inuendo loaded question.

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

killhamster posted:

i figure they have more important things to worry about than butt coin dot org right now
fix the minirig "article"

Crust First
May 1, 2013

Wrong lads.

Sham bam bamina! posted:

fix the minirig "article"

no way man that's "Exhibit Butt", tampering with evidence

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...
http://blog.bitpay.com/2014/09/23/bitpay-and-paypal-an-unbeatable-payment-partnership.html

wat

quote:

BitPay And PayPal, An Unbeatable Payment Partnership
September 23rd, 2014 — Tony Gallippi — merchants

PayPal
Today we are excited to reveal our relationship with PayPal to increase the adoption of bitcoin worldwide. The first project we have completed is an integration with PayPal’s Payments Hub, which is their alternative payments platform for digital goods. Customers with a bitcoin wallet will be able to pay participating merchants in bitcoin for games, music, videos, news, ebooks, and other digital content.

“PayPal is excited about all the innovations taking place in payments these days. More choices in how people create value, share it, buy, sell and trade it – that’s exactly what PayPal is all about,” said Scott Ellison, Senior Director, Strategy, PayPal. “We believe Bitcoin offers unique opportunities as more people and businesses experiment with it. PayPal is excited to work with BitPay to offer new experiences and the trusted service our customers expect. We hope to do more together as the Bitcoin ecosystem continues to evolve.”

Merchants using the PayPal Payments Hub can create a BitPay merchant account and provide the API credentials into the Payments Hub admin. Customers with a bitcoin wallet will then be able to pay with bitcoin for games, music, videos, news, ebooks, and other digital content.

We have enjoyed working with the PayPal Payments Hub team, and we hope to work with PayPal on more bitcoin-related projects in the future.


wat

wat

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

Crust First posted:

no way man that's "Exhibit Butt", tampering with evidence
who gives a poo poo, it all ends up in the wayback machine anyway

JFairfax
Oct 23, 2008

by FactsAreUseless

in the butt

Crust First
May 1, 2013

Wrong lads.

according to paypal they're overstating it a bit

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

theflyingorc posted:

its not even a good foam pitchfork

Divining Rod

Tiny Bug Child
Sep 11, 2004

Avoid Symmetry, Allow Complexity, Introduce Terror

this is it folks. despite all the fud we've been paid to post, we couldn't stop bitcoin's widespread adoption. hyperbitcoinization is just around the corner.

Wayne Knight
May 11, 2006

BUY BUY BUY

Powershift
Nov 23, 2009


Crust First posted:

according to paypal they're overstating it a bit

quote:

For some time now, we’ve helped merchants selling Bitcoin mining equipment to accept PayPal payments. This will continue. But to safeguard customers, we’ve decided not to work with merchants who pre-sell these products. This is consistent with our approach to pre-sales of other goods; we hold off anytime we determine that pre-selling may not provide a good buyer experience.



Pre-selling is when a business asks for money up-front for a product or service it will deliver in the future. Customers may not get their money back if the business goes out of business before the product is shipped but after a buyer protection period expires. Again, our decision not to support pre-sales is shaped by our desire to protect our customers.

I wonder what brought this about.

theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc

quote:

PayPal also needs to follow the laws and regulations in every market we operate. For this reason, virtual currency exchangers and administrators interested in working with PayPal in the future must secure the appropriate licenses and put anti-money laundering procedures in place.
so bitpay and coinbase have to be 100% compatible with the NY bitlicense to work with paypal. still not sure how they're going to achieve that

VAGENDA OF MANOCIDE
Aug 1, 2004

whoa, what just happened here?







College Slice

Powershift posted:

I wonder what brought this about.

@pmarca

theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc
and have we developed a working theory of how bitpay is actually making money yet

edit: the paypal thing actually shot the price up pretty hard. :(

killhamster
Apr 15, 2004

SCAMMER
Hero Member

Sham bam bamina! posted:

fix the minirig "article"

i wish but i can't edit that one, it was done with the "buttcoin" account and BFL stripped my admin powers on payday

Powershift
Nov 23, 2009


theflyingorc posted:

and have we developed a working theory of how bitpay is actually making money yet

Laundering money for Li Ka-shing

surebet
Jan 10, 2013

avatar
specialist


theflyingorc posted:

and have we developed a working theory of how bitpay is actually making money yet

edit: the paypal thing actually shot the price up pretty hard. :(

450 in 440 out right now going fast

obvious pump and the volume is insano, can't wait to see this bitch crash later today

e: 442/434 lol

surebet fucked around with this message at 19:33 on Sep 23, 2014

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

Alan Smithee posted:

Divining Rod

its a trident

Powershift
Nov 23, 2009


surebet posted:

450 in 440 out right now going fast

obvious pump and the volume is insano, can't wait to see this bitch crash later today

e: 442/434 lol

425/435

bots put up 800 coin buywalls at 400 and 410 on bitfinex. they'll probably dissapear once it gets close.

Banzai 3
May 8, 2007
I'm only here for the weekly 24 bitchfest.
Pillbug
guys i can't even tell what's the pump and what's the dump anymore

neonbregna
Aug 20, 2007

Banzai 3 posted:

guys i can't even tell what's the pump and what's the dump anymore

it's u

GameCube
Nov 21, 2006


i came

triple sulk
Sep 17, 2014




He is a cancer.

QuarkJets
Sep 8, 2008

Can't wait for all of the buttcoin people who were calling Paypal the devil celebrating over Paypal allowing BitPay to operate on its little marketplace thing

text editor
Jan 8, 2007
Was BFL purchase of http://buttcoin.org through Jeff Ownby done with company funds? Is that frivilous or legitimate expense? #AskFTC

fermun
Nov 4, 2009
that was me, i'm legitimately curious and hope that the ftc might know or might be able to answer it in the future.

LethalGeek
Nov 4, 2009

text editor posted:

Was BFL purchase of http://buttcoin.org through Jeff Ownby done with company funds? Is that frivilous or legitimate expense? #AskFTC

yeeeeeeees

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...
ahahahahah
http://buttcoin.org/float-like-butterfly-sting-like-ftc

sharknado slashfic
Jun 24, 2011

So if any of those people get refunds they're going to dump it all right into bitcoin right? So that means I should buy now while the price is low right?

Crust First
May 1, 2013

Wrong lads.

sharknado slashfic posted:

So if any of those people get refunds they're going to dump it all right into bitcoin right? So that means I should buy now while the price is low right?

if it's not a million each, price is always low; be an early adopter, to the moon!

Ron Paul Atreides
Apr 19, 2012

Uyghurs situation in Xinjiang? Just a police action, do not fret. Not ongoing genocide like in EVIL Canada.

I am definitely not a tankie.

theflyingorc posted:

and have we developed a working theory of how bitpay is actually making money yet

edit: the paypal thing actually shot the price up pretty hard. :(

Lol what kind of integration is happening here, is it straight up bitcoin - bitpay - PayPal - merchant because jfc

Powershift
Nov 23, 2009


The FTC is dodging buttcoin.org questions :argh:

Qwertycoatl
Dec 31, 2008

if bfl's assets have been seized, then buttcoin.org is now the government owned anti-bitcoin fud site that bitcoiners have always said it was

neonbregna
Aug 20, 2007

text editor posted:

Was BFL purchase of http://buttcoin.org through Jeff Ownby done with company funds? Is that frivilous or legitimate expense? #AskFTC

please gay satan let goons be deposed for touching poop

Powershift
Nov 23, 2009


Samurai Quack posted:

Lol what kind of integration is happening here, is it straight up bitcoin - bitpay - PayPal - merchant because jfc


code:
                          paypal                       
                             |   
bitcoins----bitpay customer------bitpay merchant
The company using paypal's merchant program needs a bitpay merchant account to recieve payments from bitpay through the paypal program.

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

neonbregna posted:

please gay satan let goons be deposed for touching poop

To be fair he never touched the poop. He simply took money to stop talking about shovels

fermun
Nov 4, 2009

Powershift posted:

The FTC is dodging buttcoin.org questions :argh:

FTC @FTC
Q7 MT @fermunation Was BFL purchase of Buttcoin.org through Jeff Ownby done with company funds? #AskFTC

ChickenOfTomorrow
Nov 11, 2012

god damn it, you've got to be kind

fermun posted:

FTC @FTC
Q7 MT @fermunation Was BFL purchase of Buttcoin.org through Jeff Ownby done with company funds? #AskFTC

omg:lol:

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Powershift
Nov 23, 2009


fermun posted:

FTC @FTC
Q7 MT @fermunation Was BFL purchase of Buttcoin.org through Jeff Ownby done with company funds? #AskFTC

quote:

A7 We ref this purchase in our filings, but its still early in the case. We anticipate learning more as case continues

Hah, buttcoin.org is going to jail.

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