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  • Locked thread
Dren
Jan 5, 2001

Pillbug

Ron Paul Atreides posted:

I dunno, I'd really like to hear every goon's opinion on if/why it is preferable to traditional (FIAT) methods of transportation

plz have your opinions be no less than 300 words and filled with meandering anecdotes about your life

i'll allow it but only if the opinions are not nuanced or well researched and some rear end in a top hat triggers on them

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trucutru
Jul 9, 2003

by Fluffdaddy

Ron Paul Atreides posted:

I dunno, I'd really like to hear every goon's opinion on if/why it is preferable to traditional (FIAT) methods of transportation

plz have your opinions be no less than 300 words and filled with meandering anecdotes about your life

Today my colleague and myself had an amazing experience which I like to share here about the potential of Bitcoin in Africa. We went to Uganda on a business trip and asked the taxi driver if he had heard about Bitcoin.

To our amazement he knew everything about it. And not only that. He also accepted it as payment for our drive from the airport to the hotel.

When we started the journey we wanted to make the payment to make sure he was serious but our phone didnt connect to the data network.

Again he said no problem. You can connect to my hotspot for $5 during your trip. We connected to his hotspot. Made all the payments in bitcoin and had a great internet connection during our 1 hour ride.

theflyingexecutive
Apr 22, 2007

FMguru posted:

lmao someone at the fbi is being clever

what was that really great op name they had a few months ago?

Dex
May 26, 2006

Quintuple x!!!

Would not escrow again.

VERY MISLEADING!

Werthog 95 posted:

idk how someone in the year 2014 doesn't just assume that every single thing they do on the internet is being monitored

cops can't use computers

Dex
May 26, 2006

Quintuple x!!!

Would not escrow again.

VERY MISLEADING!

theflyingexecutive posted:

what was that really great op name they had a few months ago?

operation torpedo

Dren
Jan 5, 2001

Pillbug

Werthog 95 posted:

idk how someone in the year 2014 doesn't just assume that every single thing they do on the internet is being monitored

duTrieux.
Oct 9, 2003

Werthog 95 posted:

idk how someone in the year 2014 doesn't just assume that every single thing they do on the internet is being monitored

duTrieux.
Oct 9, 2003

Ron Paul Atreides posted:

wtf did I just read here

spam from my inbox. there was an attachment, too, which i'm sure was completely benign.

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.
http://www.fbi.gov/newyork/press-releases/2014/operator-of-silk-road-2.0-website-charged-in-manhattan-federal-court

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
goons in the other thread think that uber is great because using a phone is anachronistic.

theflyingorc
Jun 28, 2008

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

minivanmegafun posted:

I didn't get that joke until I fired up an Apple][ emulator recently and realized the prompt is "What would you like on your tombstone?"

vOv posted:

ohhhhhhhhhhh

i am both happy and mad to now get this joke

GameCube
Nov 21, 2006

here's his twitter https://twitter.com/blakeeb

duTrieux.
Oct 9, 2003

Dex posted:

operation torpedo

Dex
May 26, 2006

Quintuple x!!!

Would not escrow again.

VERY MISLEADING!

Blake Benthall @blakeeb · Jan 15
how the heck do I get an apartment when every LA landlord just stares blankly at my bitcoin balance and asks for pay stubs #workforbtc

theflyingexecutive
Apr 22, 2007

Dex posted:

operation torpedo

yesssssssssss

Dex
May 26, 2006

Quintuple x!!!

Would not escrow again.

VERY MISLEADING!
idk if this thing was ever in the thread but lol

Blake Benthall @blakeeb · Mar 5
if a Fortune 100 company accepts Bitcoin http://nutfund.co bounty goes to charity. just launched, coded on #startupbus this week!

http://nutfund.tumblr.com/post/78653875677/lobby-for-bitcoin-2014-startupbus-company

quote:

Last night we launched our first campaign and it’s got some great early traction. We are raising bitcoin to eventually give to charity when one of the fortune 100 companies starts to accept bitcoin as a form a payment.

http://www.nutfund.co/

quote:

We're sorry, but something went wrong.

If you are the application owner check the logs for more information.

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

Bananalogue posted:

hnnnnnnnnggghh :sperg:

whew
it's a valid style, and better

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

im the 404 error

dragon enthusiast
Jan 1, 2010

Sham bam bamina! posted:

it's a valid style, and better

:agreed:

Greyhawk
May 30, 2001


the guy who built the asics that went down in the thailand fire about 6 hours before things went boom


Spondoolies-Tech posted:

Biffa posted:

...
Gone from 1.3x to 1.5x 1.665TH and climbing now, back temperatures gone from 37 to 67°C 77°C!
Keep your room cozy and warm in the winter ...

duTrieux.
Oct 9, 2003

Sham bam bamina! posted:

it's a valid style, and better

i'm american and i agree

i only put punctuation in a quote if it's part of the quote

Moist von Lipwig
Oct 28, 2006

by FactsAreUseless
Tortured By Flan

duTrieux. posted:

i'm american and i agree

i only put punctuation in a quote if it's part of the quote

:agreed:

Nintendo Kid
Aug 4, 2011

by Smythe

Werthog 95 posted:

idk how someone in the year 2014 doesn't just assume that every single thing they do on the internet is being monitored

me either because when i was in elementary, middle and high school the computer classes always included being taught that people might be watching you at any time because the internet is insecure so don't tell your name etc etc blah blah

Tiny Bug Child
Sep 11, 2004

Avoid Symmetry, Allow Complexity, Introduce Terror
yeah the period doesn't go in the quote because the quotes enclose the name and the period is not part of the name. it is that simple. (and if the name did end with a period there should be another period after the closing quote. professional editors will disagree but this is the rational way to do it)

Dex
May 26, 2006

Quintuple x!!!

Would not escrow again.

VERY MISLEADING!

Rooney McNibnug posted:

looks like "Silk Road 2.0" has been shut down:

Full Criminal Complaint - U.S. v. Blake Benthall - https://pdf.yt/d/RpyX9_xmapTkhmkb

Some interesting bits:





LOL

AlbieQuirky
Oct 9, 2012

Just me and my 🌊dragon🐉 hanging out
Blake Benthall, Dead Pirate Roberts 2.0

Such bro names

Greyhawk
May 30, 2001


BREAKING!

http://www.dailymail.co.uk/wires/reuters/article-2824044/U-S-charges-Texas-man-running-bitcoin-Ponzi-scheme.html

U.S. charges Texas man with running bitcoin Ponzi scheme
By REUTERS
PUBLISHED: 17:28 GMT, 6 November 2014 | UPDATED: 17:28 GMT, 6 November 2014


By Jonathan Stempel
NEW YORK, Nov 6 (Reuters) - A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme.

Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $4.5 million, that he raised from September 2011 to September 2012, U.S. Attorney Preet Bharara in Manhattan said.

Bitcoin is a virtual currency that trades on the Internet, without the backing of any government or central bank.

The criminal case follows a Sept. 18 order by a federal judge in Texas that Shavers and his company pay a total of $40.7 million comprising illegal profit, interest and fines in a related U.S. Securities and Exchange Commission civil lawsuit.

Known online as "pirateat40," Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency.

Instead, Shavers allegedly used new bitcoin to repay old investors, add to his account at the now-bankrupt Mt. Gox exchange, and fund expenses such a used BMW M5, casino visits and a $1,000 dinner at Gallagher's Steakhouse in Las Vegas.

About half the investors in Bitcoin Savings and Trust lost some or all of their investments, prosecutors said.

"Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments," Bharara said in a statement. "This case, the first of its kind, should serve as a warning to those looking to make a quick buck with unsecured currency."
Shavers was arrested at his home on Thursday and charged with securities fraud and wire fraud. If convicted, he faces up to 20 years in prison and a fine on the securities fraud count.
He is expected to appear on Thursday in U.S. District Court in Sherman, Texas, and on Nov. 14 in federal court in Manhattan after the case is transferred.
Shavers' lawyer could not immediately be identified. The federal public defender's office in Sherman had no immediate comment. Shavers did not immediately respond to an email request for comment. His ability to pay the SEC judgment is unclear.

The cases are U.S. v. Shavers, U.S. District Court, Southern District of New York, No. 14-mag-02465; and SEC v. Shavers et al, U.S. District Court, Eastern District of Texas, No. 13-00416. (Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

Tiny Bug Child posted:

(and if the name did end with a period there should be another period after the closing quote. professional editors will disagree but this is the rational way to do it)
nah

GameCube
Nov 21, 2006

Greyhawk posted:

BREAKING!

http://www.dailymail.co.uk/wires/reuters/article-2824044/U-S-charges-Texas-man-running-bitcoin-Ponzi-scheme.html

U.S. charges Texas man with running bitcoin Ponzi scheme
By REUTERS
PUBLISHED: 17:28 GMT, 6 November 2014 | UPDATED: 17:28 GMT, 6 November 2014


By Jonathan Stempel
NEW YORK, Nov 6 (Reuters) - A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin-related Ponzi scheme.

Trendon Shavers, 32, of McKinney, Texas, was charged with misappropriating about 146,000 of the 764,000 bitcoin, then worth more than $4.5 million, that he raised from September 2011 to September 2012, U.S. Attorney Preet Bharara in Manhattan said.

Bitcoin is a virtual currency that trades on the Internet, without the backing of any government or central bank.

The criminal case follows a Sept. 18 order by a federal judge in Texas that Shavers and his company pay a total of $40.7 million comprising illegal profit, interest and fines in a related U.S. Securities and Exchange Commission civil lawsuit.

Known online as "pirateat40," Shavers allegedly gained control of as much as 7 percent of the bitcoin market by promising investors up to 7 percent weekly interest, or 3,641 percent annualized, based on his ability to trade the currency.

Instead, Shavers allegedly used new bitcoin to repay old investors, add to his account at the now-bankrupt Mt. Gox exchange, and fund expenses such a used BMW M5, casino visits and a $1,000 dinner at Gallagher's Steakhouse in Las Vegas.

About half the investors in Bitcoin Savings and Trust lost some or all of their investments, prosecutors said.

"Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments," Bharara said in a statement. "This case, the first of its kind, should serve as a warning to those looking to make a quick buck with unsecured currency."
Shavers was arrested at his home on Thursday and charged with securities fraud and wire fraud. If convicted, he faces up to 20 years in prison and a fine on the securities fraud count.
He is expected to appear on Thursday in U.S. District Court in Sherman, Texas, and on Nov. 14 in federal court in Manhattan after the case is transferred.
Shavers' lawyer could not immediately be identified. The federal public defender's office in Sherman had no immediate comment. Shavers did not immediately respond to an email request for comment. His ability to pay the SEC judgment is unclear.

The cases are U.S. v. Shavers, U.S. District Court, Southern District of New York, No. 14-mag-02465; and SEC v. Shavers et al, U.S. District Court, Eastern District of Texas, No. 13-00416. (Reporting by Jonathan Stempel in New York; Editing by Leslie Adler)

:toot:

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

jfc. at what point does a person say to themselves "hmm, yes, i'd better use my personal email on my namesake vanity domain to set up and administer this illegal marketplace for drugs guns and child porn"

how the gently caress does that even happen?

unpacked robinhood
Feb 18, 2013

by Fluffdaddy
||[[BLAKE user] _oF_ the.domain{BENTHALL} dot *INTERNET||

read the berth certificalte

necrotic
Aug 2, 2005
I owe my brother big time for this!

infernal machines posted:

jfc. at what point does a person say to themselves "hmm, yes, i'd better use my personal email on my namesake vanity domain to set up and administer this illegal marketplace for drugs guns and child porn"

how the gently caress does that even happen?

Bitcoiners are loving dumb

sinekumquat
Jun 12, 2005

the most dangerous philosopher in the west
College Slice

necrotic posted:

Bitcoiners are loving dumb

evilweasel
Aug 24, 2002

Werthog 95 posted:

idk how someone in the year 2014 doesn't just assume that every single thing they do on the internet is being monitored

i don't either, but you would be astounded at the dumb poo poo people will put in their email

basically if you're ever working for a company that might ever get sued just make a habit of using the phone. not just if you're doing something bad, even if you are a perfect angel (though it wouldn't hurt to send emails backing up you're a perfect angel of course)

i know of people who have endured a decade of litigation because of one poorly worded email and know of someone who probably wriggled out of federal charges because they don't use email ever so if he did it there's no paper trail

FCKGW
May 21, 2006

Dude is a software engineer at SpaceX

way to throw that away dude, good job

infernal machines
Oct 11, 2012

we monitor many frequencies. we listen always. came a voice, out of the babel of tongues, speaking to us. it played us a mighty dub.

necrotic posted:

Bitcoiners are loving dumb

spectacularly

you'd think after silk road 1.0 got shut down they'd be doing some mission impossible poo poo to hide their identities. they have the tools and everything and clearly have some notion of how to use them.

they are just dumb as loving rocks

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.

theflyingorc
Jun 28, 2008

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

Greyhawk posted:

the guy who built the asics that went down in the thailand fire about 6 hours before things went boom

Keep your room cozy and warm in the winter ...
so, for the other americans in the thread, this person did not shut his servers down when they reached 170 degrees fahrenheit

hmmm my computer is making it 40 degrees warmer than the world record temperature in death valley, it's probably normal that the room got so hot that it's legit dangerous to go inside

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

:eyepop:

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Greyhawk
May 30, 2001


theflyingorc posted:

so, for the other americans in the thread, this person did not shut his servers down when they reached 170 degrees fahrenheit

hmmm my computer is making it 40 degrees warmer than the world record temperature in death valley, it's probably normal that the room got so hot that it's legit dangerous to go inside

oh sorry, that was very misleading

that comment was not adressed to the guy whose servers went boom, but another customer

i just thought it was a funny coincidence

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