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I'm the scandalous frappechino bought with embezzled money.
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Feb 7, 2014 13:06
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Bitcoin days destroyed went up to an all time high yesterday, showing that old Bitcoins have been moving around after sitting stagnant in wallets. Maybe Gox's technical issues meant they got hacked or are getting ready to cut and run.
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Feb 7, 2014 14:17
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They submitted an app that only monitored transactions and couldn't send Bitcoin. Then after it was approved, they updated it to send Bitcoin against the tos. They submitted one app, and updated it to a different one.
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Feb 7, 2014 14:38
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Is rule lawyering your way to "invalidating" someone else's argument through tenuous logical fallacies really a good way to make a point? I feel like the internet has transformed logical fallacies from something that's a bad practice which forms weak arguments into a "I don't have to prove my point anymore" card. Remember, this is the guy /r/Bitcoin wants to represent Bitcoin on TV and possibly even run the foundation. Edit: someone dig up that reddit endorsement that said this guy was special because he is an extrovert and used tumblr psychology to explain that Bitcoin has almost no extroverts because they're good at technology, but that made them weak to extroverts who hold panels or give interviews. TVarmy fucked around with this message at 19:18 on Feb 7, 2014 |
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Feb 7, 2014 19:11
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PROJECT NAME: Dubstep: Is it any good? Observation: Dubstep is on the radio. I guess it means it has double steps or something. I'm not a musicologist. Hypothesis: I believe Dubstep isn't that good. Experiment: I will listen to a dubstep song with a good song as a control. Result: The dubstep song sucked noodles, and the good song was good. Conclusion: Dubstep isn't that good a genre. where's my ribbon? EDIT: Also, I'm the actual money background on a project poopooing fiat.
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Feb 7, 2014 21:42
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To be clear, for Best Buy to accept Bitcoin, they'd need to display a QR code for phones to scan. Something any display that isn't total poo poo could do. Scanning a QR code is only done when sending bitcoins.
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Feb 8, 2014 01:07
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Look, if Wired says it's a disruptive new paradigm, it's above the law.
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Feb 8, 2014 04:37
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If George Washington saw the Federal Reserve, he'd be rolling in his grave! And if he saw what was happening in Colorado and Washington, he'd be rolling sick blunts.
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Feb 8, 2014 16:48
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To this day, idgi. Why would you spend Bitcoin on a dog dick table when you could instead invest in one of those fake dog dicks you wear over your regular dick? Or invest in Malatora?
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Feb 9, 2014 17:27
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What time exactly will we hear Gox explain the technical reasons why they are insolvent?
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Feb 9, 2014 20:05
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quote:I went to Hudson Eatery, New York City today and they DO NOT accept Bitcoin anymore.
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Feb 9, 2014 23:49
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Seriously, Buttcoin, please call out the tech media on this. The fact they're trying to frame this as arbitrary when they're on the record that they cheated the app review is terrible.
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Feb 10, 2014 00:23
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The fact they say Bitcoin is unstoppable but freak out over sane criticism speaks volumes about their confidence in Bitcoin.
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Feb 10, 2014 00:40
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I feel like we kind of got wrapped up in the whole Mt. Gox thing without taking the time to appreciate one guy was saying that he'd stick it to Apple by taking a paperclip and ruining his iPhone's headphone port to get a new iPhone via warranty and repeat it until he was satisfied they were punished enough. These really are the kind of people that justify the existence of chargebacks. EDIT: quote:goxBTC to BTC - but then I got goxxed (self.Bitcoin) TVarmy fucked around with this message at 04:09 on Feb 10, 2014 |
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Feb 10, 2014 04:06
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quote:Those words by Satoshi Nakamoto (self.Bitcoin) I'm the sunk cost fallacy.
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Feb 10, 2014 04:31
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US is capitalized. He's referring to 2.0 of United States of America government. The Articles of Confederation were the alpha.
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Feb 10, 2014 04:40
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For the record, nobody has given this guy any butts. Not even .00000666 to tag him as a begging parasite so others will know not to give him money.
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Feb 10, 2014 05:06
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Reddit users are accusing Robawesome of being a shill for the NWO/Banksters. And isn't that what really matters at the end of the day? Showing that these guys are so delusional, they can't understand someone has a different outlook than them?
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Feb 10, 2014 05:24
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To be fair, this is what AOL's Digital Prophet looks like: Also, apparently you can get paid for being a digital prophet at AOL. vvvvv: CORPORATIONS; I will also say sooth for actual money. TVarmy fucked around with this message at 05:55 on Feb 10, 2014 |
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Feb 10, 2014 05:50
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I trust algorithms more than institutions. If we just stuck with the first Bitcoin protocol from Satoshi, none of these bugs would have crept in. The institution The Bitcoin Foundation is at fault, clearly.
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Feb 10, 2014 14:20
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The upshot is there weren't many buy orders and someone sold a ton of Bitcoin at once, pushing it super low. No glitch. Just a tiny market. For a "currency," Bitcoin is a very small market.
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Feb 10, 2014 19:33
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if nobody can understand transactions because people are loving with them, that's kind of like anonymity if you squint. this is good for bitcoin.
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Feb 11, 2014 02:01
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It's like the currency/commodity/payment system question. They'll answer based on what sounds most appealing at the time. I think the idea is small amounts of BTC are okay with just high network propagation and no confirmations, but that big sales need at least one, preferably multiple, confirmations. Keep in mind even the propagation is pretty weak with insufficient fees. EDIT: To be clear, it's less marketable if you promote the secure, recommended practices.
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Feb 11, 2014 02:14
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 https://twitter.com/aantonop/status/433080081179611136 In charge of security for Blockchain.info. 
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Feb 11, 2014 04:44
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  Two weeks later:  I can confirm he blocked me. I don't think I was that trollish.  
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Feb 11, 2014 05:54
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I'm pretty sure dust transactions don't lock up your wallet. It's like how your charges on your debit card are pending until they clear. What it does do is bloat the blockchain and cause a bunch of concern. It's about 1/5th of the posts on /r/Bitcoin's "new" feed.
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Feb 11, 2014 06:09
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Well, I guess Bitcoin ATMs would be handy in that you're swapping a credit card that might require making a tedious phone call to the bank to let them know you are traveling for a currency that's equally hard to spend in every country.
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Feb 11, 2014 06:25
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His twitter photo feed is a gem.
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Feb 11, 2014 06:47
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So it's basically the Tiny Tigers Business now?
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Feb 11, 2014 14:49
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I love how the Bitcoin developers are downplaying this by saying they can think of 10 worse bugs to fix.
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Feb 11, 2014 16:26
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Put a bluray encryption key or pirated windows XP key in there so it's illegal.
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Feb 11, 2014 17:55
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His twitter is amazingly double speakish today. Don't tell him though, as he'll block you from retweeting him.
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Feb 11, 2014 19:57
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His followers call themselves true believers unironically. Faith is a big value in secular libertarian circles.
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Feb 11, 2014 19:59
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 Said two days ago as the price was already free falling to try to defy reality. Then Gox released their story. 
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Feb 11, 2014 20:21
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So are they saying collusion is a good thing or a bad thing?
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Feb 11, 2014 22:10
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Double spending isn't happening, at least not in a permanent way. It's something waiting an hour will work out, which is slow but doable. What's happened is that Bitcoin has a glitch where you can make a transaction's id show the transaction didn't happen, while having the transaction actually occur on another id. The two parties change funds properly, still. It just looks like the transaction failed at a glance. Gox apparently was sending people Bitcoin twice without checking when people did this glitch, and apparently a lot of other exchanges, too. This part I'm less clear on: now that it's well known, people are doing it with dust transactions which is bloating the blockchain and causing some clients to mess up. The upshot is that this gox press release inspired a ddos. If this leads to a crisis in faith re: exchanges, this means people will use localbitcoins more. And Bitcoin will have even less clear of a price.
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Feb 12, 2014 00:00
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i'm the misplaced apostrophe in the currency of the future's press release.
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Feb 12, 2014 02:51
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Make the computers coin operated. Fiat coin operated.
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Feb 12, 2014 02:57
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Bitcoin is antifragile as they scared away all the rational actors who sell in response to evidence Bitcoin won't go up uP UP, leaving true believers who will hold and create weak rallies out of super-tiny volumes that disappear if one guy sells several thousand BTC at once and push the exchange down to $100.
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Feb 12, 2014 03:03
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The best thing is whatever Gox does will hurt Bitcoin. If they close up shop, and fail to give proper funds to the Bitcoiners, they're a huge hit to the idea of unregulated exchanges. If they start working again and let customers take out Bitcoin, the arbitrage will be huge and drag the other exchanges down to Gox's price.
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Feb 12, 2014 14:15
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