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Other notable travesties of Bitcoin yesteryear:
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| # ? May 27, 2012 16:55 |
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| # ? May 25, 2013 16:50 |
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Fire_Monkey posted:It was like he was trying so hard to be our friend.. Bruce is a narcistic scam artist with delusions of grandeur and hilariously incompetent at it. He was trying to be our friend, so he could sell us shares in Only One or sign us up with Only One Bit Bank, or get someone to pay to be on his Global Internet Television Network or whatever retarded idea he could come up with to take our money. He just fundamentally didn't understand that we were just loving with him because he sucks at scamming.
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| # ? May 27, 2012 16:55 |
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So I saw those physical Bitcoin coins for sale...first thought, man, I really want one of those- hey, it only costs 1.45 Bitcoins, right? Just as a curio-type thing. So I found a Java-based browser Bitcoin miner, let it run for a little while, and...quote:Congratulations, you have already generated 0.00003048 BTC which will be transfered to your account. gently caress this
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| # ? May 27, 2012 17:11 |
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Photex posted:I wish it was as simple as this, Bruce wanted the next large Bitcoin Conference to happen in Pattaya, Thailand which is pretty much the sex capital of the world. Every single one of his real followers blasted him for this choice saying okay Thailand is okay but the biggest buttbanging, boylovin', sleazetown city in all the world? Goons then dug up some really disgusting posts on Boy Love sites with one of Bruce's old handles where he was explaining how to pick up and make love to "Boys" in the city. It would be mistaken to think that Pattaya is just a big boysex brothel. Normal tourists go there, too, just like people don't go to Ibiza just to buy ecstasy. Lately the local authorities have intentionally tried to make the place more appealing to families. Probably so that they can snatch their children to feed the industry.
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| # ? May 27, 2012 17:18 |
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Nenonen posted:It would be mistaken to think that Pattaya is just a big boysex brothel. Normal tourists go there, too, just like people don't go to Ibiza just to buy ecstasy. Lately the local authorities have intentionally tried to make the place more appealing to families. Would you trust this man with your children? 
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| # ? May 27, 2012 18:08 |
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"Is it just me or do 25 year olds just not use email at all? It seems like they only use text messaging and read their email absolutely never"  https://twitter.com/#!/brucewagner
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| # ? May 27, 2012 18:34 |
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gnarlyhotep posted:"Is it just me or do 25 year olds just not use email at all? It seems like they only use text messaging and read their email absolutely never" What does that even mean? I can't remember the last time I saw someone in my age range that didn't have a smartphone with push email. I think the biggest issue with email now is all the good email addresses are long gone and people don't like saying "Yeah, email me at jägerslut292@gmail.com" but we are all very much on top of email people because it is essential for things like retaining employment, banking and other functions of modern society. Our conceirge doesn't even call or leave us a note when we have a delivery anymore, we just get an automated email when it is logged into the system.
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| # ? May 27, 2012 18:55 |
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gnarlyhotep posted:"Is it just me or do 25 year olds just not use email at all? It seems like they only use text messaging and read their email absolutely never" No Bruce, they're just trying to avoid you.
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| # ? May 27, 2012 18:58 |
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Oxford Comma posted:I always assumed Internet Libertarians liked BitCoins because it was their way of striking back at the Zionist Jew Bankers they believe run the world. At least, that's the impression I get whenever I hear Ron Paul discussing the evils of the Fed - he seems to be implying a Jewish conspiracy without openly saying so. Oh, I'm completely convinced that they aren't actually aware of it (despite the fact that Ron Paul is almost certainly racist and anti-semitic) I think the reason is that you need to combine a few libertarian conspiracy theories to make them indistinguishable from anti-Semitism. 1) Belief that fiat currency through banking is ruining the world, enriching the few on behalf of the everyday man. This actually has the most similarity with Marxism to be honest, and the Marxist maxim that capitalists are ruining the world by profiting off fictional values through exploitation of the working class. Especially take note of how both ideologies emphasize that a man should be rewarded for the work he has done, not the capitalist/fiat value of it - which is basically the entire idea behind Bitcoins. It's also not that focused on control, just exploitation. + 2)Belief that bankers and corporate leaders control the world by buying politicians. Warmer, but not there just yet - it still has a certain socialist flavour and the general leftist tendency to overstate the extant of the effect of corporate lobbyism (which really just applies to the US in extent, but this is generally an american conspiracy theory) Still, you begin to see the more overt Nazi undertones. + 3) The NWO conspiracy theory. This is were it all breaks down. Belief that there are cultist orders controlling the world from the shadows, belief that they perform obscene rituals including human sacrifice and cannibalism, belief that they have extensive long-term plans and have orchestrated most of the events in history, complete alienation and dehumanization of the supposed conspirators. Really, it's all there. On it's own it's just pure crazy with some satanic-panic flavour, but... 1+2+3= Bankers belonging to an alien religious group controlling the world from behind the shadows, having orchestrated major historical events in the past with horrifying plans for the future, complete with a touch of blood libel. You end up with a world view that's basically classic anti-Semitism after someone ran a search-replace algorithm through the "Protocols of the Elder's of Zion" replacing Jew with Banker and Zionism with New World Order. But because conspiracy theorists aren't exactly well read in the history of conspiracy theory, have arrived at the three theories separately (with only a subset subscribing to all three) - and no-one ever says "Jew" - they are completely unaware of it. Even so, I've encountered a very minute group that made the full leap to anti-Semitism after noticing the similarities. I actually consider these scum the more erudite. So your friend is probably entirely unaware of the fact that he's basically a Nazi.
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| # ? May 27, 2012 19:16 |
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Three Olives posted:Our conceirge doesn't even call or leave us a note when we have a delivery anymore, we just get an automated email when it is logged into the system. Do you have some sort of disorder where you die if you don't mention your faaaaaboulous apartment in every thread you post in?
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| # ? May 27, 2012 20:02 |
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saganite posted:Do you have some sort of disorder where you die if you don't mention your faaaaaboulous apartment in every thread you post in? Sorry, the apartment leasing agent emailed my roommate saying I got a package and if I want it before Tuesday I better get to the leasing office before 5 with my late rent money in a money order because she plans for the weekend, she didn't even leave a post it note on my door. In the future I will try and be more considerate and not to offend you by mentioning an incredibly mundane and common daily presence in my life who I interact with multiple times a day and that anyone that has ever stayed at a hotel before doesn't think is that special. Three Olives fucked around with this message at May 27, 2012 around 20:39 |
| # ? May 27, 2012 20:36 |
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Stroh M.D. posted:1) Belief that fiat currency through banking is ruining the world, enriching the few on behalf of the everyday man. This actually has the most similarity with Marxism to be honest, and the Marxist maxim that capitalists are ruining the world by profiting off fictional values through exploitation of the working class. Especially take note of how both ideologies emphasize that a man should be rewarded for the work he has done, not the capitalist/fiat value of it - which is basically the entire idea behind Bitcoins. It's also not that focused on control, just exploitation. They don't believe that capitalists are running the world. They believe that the capitalists who are running the world aren't true capitalists. And they sure as hell aren't down with the labor theory of value. What Bitcoiners have you been talking to?
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| # ? May 27, 2012 21:02 |
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Fire_Monkey posted:Also, what happened to that guy who opened a scam school in Korea (I think) and combined the arrogance of Atlas with the scuminess of Bruce? I can't recall his name at the moment though. Apart from the ventures already mentioned, he's involved in the operation of https://kronos.io/ which is a Bitcoinica clone.
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| # ? May 27, 2012 21:02 |
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Shasta Orange Soda posted:They don't believe that capitalists are running the world. They believe that the capitalists who are running the world aren't true capitalists. And they sure as hell aren't down with the labor theory of value. What Bitcoiners have you been talking to? Potato potato. Point is, both believe that the world is ruined by a rich elite growing fat by creating an economy based on illusory values that's really all about exploiting the everyman. That they have wildly differing views on capitalism in general, how to solve the problem and what is a desirable level of economic equality doesn't really change this. There's a reason there are both extreme left and extreme right wing anarchists - while their values may differ, they both want a world with vastly less control and share a lot of views on what is wrong with the one we got. As for the labor theory of value: just look at Bitcoin. The very reason they make it so Bitcoin can only be created by exhaustive mining algorithms is so that Bitcoin can have value through labor. That's one of their main attacks on real currency: that it is to easy to create and this is driving inflation. It doesn't really matter what they believe ideologically, the parallels are there in their theories.
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| # ? May 27, 2012 21:11 |
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Stroh M.D. posted:Potato potato. Point is, both believe that the world is ruined by a rich elite growing fat by creating an economy based on illusory values that's really all about exploiting the everyman. That they have wildly differing views on capitalism in general, how to solve the problem and what is a desirable level of economic equality doesn't really change this. There's a reason there are both extreme left and extreme right wing anarchists - while their values may differ, they both want a world with vastly less control and share a lot of views on what is wrong with the one we got. Marxism's define man on his production capacity, however they develop Man in a materialist sense, much akin Feuerbach who relly pushed for a materialist understanding of History. However for his materialist principle he chose to define man as being finite quantities of god infinite undertanding, will and love, which made this philosophy completely incompatable with the economic world that Marx chose to study. Because of this he went back to the Hegalian concept of man defined as a labourer, but whilst Hegal chose to understand man's labour as abstract, i.e. Man as a mental producer of ideas and images, Marx chose to view man in terms of his material production capacity, choosing that as the definition of man. Its from this definition of man as a producer, the division of man into the "Social consciousness" (Man as the thinker) and the "Social being" (Man as the producer) and the presuposition that the social being dictates the terms and conditions the social consciousness exists in that Historical Materialism comes from. And it is this development of Historical Materialism and the analysis of history from this perspective that means many Marxist view history as an ever expanding theory of man's production ability and profit as the difference between man's labour worth and the finished product's material worth. Meanwhile modern economic libertarianism is based on a flawed understanding of Wealth of Nations, where the warnings against corporatism, monopolies and other dark faces of Capitalism are dishonestly ignored, then compounded by lunatic fringe philosophies such as Ayn Rand. To compare them as to each other is disingenious, as Marxism, whether you agree with it or not, has its historical origins in the Materialist school and its intellectual origins in Hegalianism and German philosophy. The other is a philosophy with no internal substance, developed by hacks and supported by those with no real grounding in academia.
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| # ? May 27, 2012 21:28 |
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VanFullOfMidgets posted:So I saw those physical Bitcoin coins for sale...first thought, man, I really want one of those- hey, it only costs 1.45 Bitcoins, right? Just as a curio-type thing. So I found a Java-based browser Bitcoin miner, let it run for a little while, and... The next step down this road is waking up with heatstroke in a room full of hilarious cooling rigs and thai boys though, so approach with caution.
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| # ? May 27, 2012 21:41 |
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http://www.reddit.com/r/Bitcoin/com...u_buy_my_jerky/quote:I know I am not the first to have a jerky (mostly beef, but I hope to expand) bitcoin based business. But if you are like me you probably find that jerky sold in stores and online seems kind of expensive, i think i can undercut these places while still offering a superior product . "I know I am not the first to have a jerky (mostly beef, but I hope to expand) bitcoin based business." is definitely going to be my new title text.
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| # ? May 27, 2012 22:13 |
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I realize that Marxism depends on the creative use of pet definitions of commonly-used words in order to make moving goalposts appear like deep philosophizing, but I'm having a hard time understanding how "leaving my computer on overnight" qualifies as 'labor'.
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| # ? May 27, 2012 22:17 |
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BitCoins do not have value through labor. Regular money has value through labor. It is the as-weightless-as-possible go-between that we use to convert our labor - hours worked - into the various goods and services produced by other people's labor. The money itself is as worthless as it can be, and is produced as cheaply as possible. Because the money isn't the point. The point is to let us turn all those hours we worked into things. It just has value because of the labor we spend on getting it. BitCoins have value through waste. Nothing meaningful was produced with all that hardware, all that time, and all that electricity. That's what I love about them. It's like people looked at the modern world, realized all of the problems with it, and asked themselves: how can I make it all even worse.
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| # ? May 27, 2012 22:35 |
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The thing that really bugs me is that when one person uses a lot more electricity, it raises prices for EVERYONE in that area, however small. Imagine if this poo poo was more popular...
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| # ? May 27, 2012 22:37 |
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Justice posted:The thing that really bugs me is that when one person uses a lot more electricity, it raises prices for EVERYONE in that area, however small. Imagine if this poo poo was more popular... From a technical persepctive (i do not give gently caress about bitcoints) I'd like to see how massively paralleled ARM systems handle The cure for autism™. Wouldn't you want highly energy efficent system like this for the mining? Are there any hard or soft numbers on the actual cost of a bitcoin using national average energy costs?
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| # ? May 27, 2012 22:54 |
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AuMaestro posted:I realize that Marxism depends on the creative use of pet definitions of commonly-used words in order to make moving goalposts appear like deep philosophizing, but I'm having a hard time understanding how "leaving my computer on overnight" qualifies as 'labor'. Its actually the literal opposite from how Marx defined labour. Labour was defined in the ability to produce, and money was tied into the material production of an economy. Bitcoins fit none of that.
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| # ? May 27, 2012 22:54 |
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d3c0y2 posted:Its actually the literal opposite from how Marx defined labour. Labour was defined in the ability to produce, and money was tied into the material production of an economy. Bitcoins fit none of that. You're right, it's strange but Bitcoins basically represent a unit of consumption instead of a unit of labor. As the consumption increases it becomes harder and harder to make a full unit of consumption due to the dwindling resource (the difficulty level.)
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| # ? May 27, 2012 23:20 |
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incoherent posted:From a technical persepctive (i do not give gently caress about bitcoints) I'd like to see how massively paralleled ARM systems handle The cure for autism™. Wouldn't you want highly energy efficent system like this for the mining? The reason Bitcoin mining works better with GPUs has to do with the way that the mining algorithm works. It's all about the parallelization. Each GPU has thousands of shaders, which are basically specialized ALUs. Intel and AMD CPUs also have ALUs, but usually only a few per core. It's basically these ALUs that end up doing all of the important work. That thing you linked is four quad-core ARM Cortex A9 processors. It happens that the Cortex A9 has one ALU per core. So, that's 16 ALUs. Even if the speeds were comparable, the GPU is still going to be a major win in terms of space required, hardware cost and power use. You'd need hundreds of those specialized ARM machines just to match a single GPU.
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| # ? May 27, 2012 23:59 |
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McGlockenshire posted:The reason Bitcoin mining works better with GPUs has to do with the way that the mining algorithm works. It's all about the parallelization. Each GPU has thousands of shaders, which are basically specialized ALUs. Intel and AMD CPUs also have ALUs, but usually only a few per core. It's basically these ALUs that end up doing all of the important work. I have no idea how far they got with that.
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| # ? May 28, 2012 00:17 |
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Guavanaut posted:Which reminds me of a good bit of crazy from the original bitcoin thread. Some bitcoin forums members were going to make a specialized bitcoin mining ASIC, optimized to give them the ultimate competitive edge, and then eventually becoming the backbone of the bitcoin mining economy. As I understand it they got to the idea stage before their parents told them it was bedtime. They would not go to bed so their parents took away their computers. 
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| # ? May 28, 2012 00:45 |
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Guavanaut posted:Which reminds me of a good bit of crazy from the original bitcoin thread. Some bitcoin forums members were going to make a specialized bitcoin mining ASIC, optimized to give them the ultimate competitive edge, and then eventually becoming the backbone of the bitcoin mining economy. There seem to be at least three of them, all seemingly unrelated: LargeCoin, someone registering a PLC in the UK, and someone registering a company in Hong Kong.
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| # ? May 28, 2012 00:47 |
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Guavanaut posted:Which reminds me of a good bit of crazy from the original bitcoin thread. Some bitcoin forums members were going to make a specialized bitcoin mining ASIC, optimized to give them the ultimate competitive edge, and then eventually becoming the backbone of the bitcoin mining economy. That sounds like a pretty risky and short-term business plan to me, since it would take a long time and a good chunk of money to get an ASIC designed and fabbed. By the time it's done, how many bitcoins will be left to mine? How many people would buy them, and for how long? I understand where they're coming from--sell the picks and shovels to the gold prospectors, don't go out digging yourself--but I would give them a snowball's chance in hell of succeeding. Hell, to buy the $400 SUPER BITCOIN MINER CARD you'd be signing away an awful lot of your as-yet unmined buttcoins for a piece of hardware that won't even play Crysis when your mom tells you to stop running up the electric bill.
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| # ? May 28, 2012 00:51 |
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Pham Nuwen posted:That sounds like a pretty risky and short-term business plan to me, since it would take a long time and a good chunk of money to get an ASIC designed and fabbed. By the time it's done, how many bitcoins will be left to mine? How many people would buy them, and for how long? I understand where they're coming from--sell the picks and shovels to the gold prospectors, don't go out digging yourself--but I would give them a snowball's chance in hell of succeeding. Hell, to buy the $400 SUPER BITCOIN MINER CARD you'd be signing away an awful lot of your as-yet unmined buttcoins for a piece of hardware that won't even play Crysis when your mom tells you to stop running up the electric bill. 
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| # ? May 28, 2012 01:24 |
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AuMaestro posted:I realize that Marxism depends on the creative use of pet definitions of commonly-used words in order to make moving goalposts appear like deep philosophizing, but I'm having a hard time understanding how "leaving my computer on overnight" qualifies as 'labor'. But no, this is like anti-labor. They're generating a token through use of a capital asset they have, or I guess more accurately they're trying to turn an object of consumption (a personal computer and its associated parts) into an object of productive capital (MINING RIG). As has been astutely noted, literally nothing of use is generated here - even financial trickery has at least a theoretical purpose.
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| # ? May 28, 2012 01:44 |
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Here's the explanation for why Bitcoinica Consultancy didn't take any reasonable measure to ensure that Bitcoinica wouldn't be a victim of something similar to the Linode hack again.quote:Step 1 - fix the code. https://bitcointalk.org/index.php?t...24276#msg924276 So bugger making sure that the server is secure and the database is backed up, it's all about the code, man.
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| # ? May 28, 2012 02:20 |
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Lolie posted:So bugger making sure that the server is secure and the database is backed up, it's all about the code, man. This whole thing reminds me of Eve-O, where every bank is a scam because there's no recourse whatsoever if they just take your money and run. The only difference with Bitcoin is that they have to say "we got hacked," which is all they have to do since it's a self-laundering currency and there's zero way to tell who made the transaction.
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| # ? May 28, 2012 03:04 |
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Three Olives posted:Sorry, the apartment leasing agent emailed my roommate saying I got a package and if I want it before Tuesday I better get to the leasing office before 5 with my late rent money in a money order because she plans for the weekend, she didn't even leave a post it note on my door. I am surprised to find out you have a roomate like the rest of us poors.
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| # ? May 28, 2012 03:11 |
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OneEightHundred posted:Backups wouldn't matter if the coins were all transacted away. Back-ups still matter even if all the BTC are taken - they still need a record of who the Bitcoins belonged to and who whatever customer dollars they're holding belong to. I've never yet heard a good explanation as to why these hacks aren't reported to the police for investigation.
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| # ? May 28, 2012 03:17 |
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The best thing about the race for bigger and better mining rigs is how it just generated competition between miners without actually creating any more bitcoins. If every single miner upgrades their machines 300% that does nothing to change things once the network adjusts to that extra power.
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| # ? May 28, 2012 03:41 |
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I love this post from the original threadPowered Descent posted:Wait a minute, moon rocks would never work as a proper libertarian currency. You see, people can always just go to the moon and pick up more rocks. That'd cause inflation. (Hmm... maybe we can define "pure strain" moonrocks or something?)
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| # ? May 28, 2012 03:59 |
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Lolie posted:Back-ups still matter even if all the BTC are taken - they still need a record of who the Bitcoins belonged to and who whatever customer dollars they're holding belong to. Well, I think most of the exchanges are on shaky legal ground to begin with - they aren't following any banking regulations, so if law enforcement got involved, they might end up having to answer a lot of other questions. Also, why go through the hassle, when your user base thinks it's awesome that you can return 50% of the stolen goods.
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| # ? May 28, 2012 04:02 |
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The_Hatt posted:I am surprised to find out you have a roomate like the rest of us poors. "Roommate" is just the polite term he uses for his live-in butler/sex-slave.
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| # ? May 28, 2012 04:22 |
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God drat every thread Three Olives posts in does not have to end in "gently caress THREE OLIVES". I know how annoying he can be but for gently caress's sake you don't have to analyze every post he makes for "THREE OLIVENESS"  It's always a loving derail.
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| # ? May 28, 2012 04:38 |
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| # ? May 25, 2013 16:50 |
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gnarlyhotep posted:God drat every thread Three Olives posts in does not have to end in "gently caress THREE OLIVES". I know how annoying he can be but for gently caress's sake you don't have to analyze every post he makes for "THREE OLIVENESS" I know. But it is fun. Just like drop kicking puppies.
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| # ? May 28, 2012 04:54 |
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