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Nov 12, 2014 22:09
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| # ? Apr 19, 2024 21:16 |
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Mt Quote
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Nov 12, 2014 22:11
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Greyhawk posted:The hacker stole my bitcoin give them back you are a hacker they arent even online
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Nov 12, 2014 22:25
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Nov 12, 2014 22:39
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disco stu is on the board of the buttcoin foundation ya know
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Nov 12, 2014 22:45
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AlbieQuirky posted:iirc the MIT bookstore was taking Bitcoins (via BitPay) but since the launch was so delayed it'll probably see the most business from "buying a sweatshirt for my brother with the fake money some weirdo gave me" because everyone has their books already the mit bookstore has one of those dumb bitcoin atms i walk by it like every day theres a big tihng hanging in the window thats all like you can buy bitcoin here i feel shame every time i see it
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Nov 12, 2014 22:50
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yeah that thing isn't an orphaned block, they even linked the address in that post https://blockchain.info/address/1HhZiiR5wM97Z9ZCVwa3uhFhjW5wnbsAAi mining reward goes in, transfers out half an hour later possible explanations include
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Nov 12, 2014 23:10
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Ok, It's not the video but the twins posted their presentation. You know, the one that they gave to big-shot money managers? I haven't even read all of it (quickposting before any of you assholes beats me to the glory) but I'm sure that it is going to be really, really dumb. https://winklevosscapital.com/money-is-broken-but-its-future-is-not/
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Nov 12, 2014 23:16
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"Money cannot be a gas, otherwise it would leak out of your piggybank". -Two adult men.
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Nov 12, 2014 23:18
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tbh reading through the slide deck it isnt that terrible
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Nov 12, 2014 23:23
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augh gently caress just got to slide 31 nevermind
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Nov 12, 2014 23:23
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trucutru posted:"Money cannot be a gas, otherwise it would leak out of your piggybank". we require more vespene bitcoins
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Nov 12, 2014 23:23
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yep goes straight the gently caress off the rails towards the end 
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Nov 12, 2014 23:24
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imagine money was a gas and stored in a balloon. and you just release enough to pay for what you want. and it has a really distinctive smell so it can't be duplicated.
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Nov 12, 2014 23:24
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theyre disqualifying 'radiactive' elements like uranium so i guess they understand nuclear chemistry about as well as they understand anything else
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Nov 12, 2014 23:25
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ostensibly that is why money was developed but it came more organically out of people realizing that if you bartered for things the rich and powerful liked, ypu could trade that to almost anyone then people realized the value of counterfeiting, then the value of providing a guarantee against counterfeiting, ans etc. etc. I hate how they assume the only reason gold was chosen as money was because it was rare. It's that rich people loved it to make poo poo out of it, that's why it becomes a reliable barter unit
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Nov 12, 2014 23:26
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Bloody posted:yep goes straight the gently caress off the rails towards the end google should make an offer it's right up their moonshot alley also they fail to define how money is holding trade back despite mentioning it as a problem several times
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Nov 12, 2014 23:26
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no its because there's no money over ip protocol
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Nov 12, 2014 23:27
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as others have said it's not the dumbest thing until the end   
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Nov 12, 2014 23:29
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Ron Paul Atreides posted:ostensibly that is why money was developed but it came more organically out of people realizing that if you bartered for things the rich and powerful liked, ypu could trade that to almost anyone gold wasn't even the first currency. clay tablets stamped with poo poo were the first.
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Nov 12, 2014 23:29
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  jfc Robawesome fucked around with this message at 23:32 on Nov 12, 2014 |
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Nov 12, 2014 23:30
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i'm going to lose my apartment because my refrigerator won't loan me a few ApplianceCoins to pay the rent this month
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Nov 12, 2014 23:34
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this occurred a few years ago thanks to hft
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Nov 12, 2014 23:35
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vOv posted:theyre disqualifying 'radiactive' elements like uranium so i guess they understand nuclear chemistry about as well as they understand anything else Well, they also say that the rare earths are radioactive (nobody mention loving promethium) and my buckyballs are giving me cancer. Mr. Nice! posted:gold wasn't even the first currency. clay tablets stamped with poo poo were the first. And the barter economy is a myth (It was more of an I.O.U economy) and they are full of poo poo.
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Nov 12, 2014 23:36
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trucutru posted:my buckyballs are giving me cancer. should've done more self-exams
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Nov 12, 2014 23:39
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reminder: if there is a single human overseeing the operation of the agents, the autonomous corporation becomes a regular corporation with a complicated asset management system. point the second, if it would be profitable to own shares of an autonomous corporation, it would be just as profitable to own and oversee it in a traditional manner thirdly, there is no legal precedence for autonomous corporations, a server cannot be liable for damages so either the original programmer or stockholders would be sued. also if the corp doesn't belong to anyone, there's nothing stopping someone from taking it over. if anyone had the power to object, they would be in a position of legal authority in the corporation Jesus this poo poo is so dumb dumb dumb dumb
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Nov 12, 2014 23:39
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Werthog 95 posted:omg there's declarations from jeff ownby AND josh zerlan. why can't i see them. where the hell are they i spent like $1 on PACER to get these, you're welcome Josh:   Jeff:   some employee:  some other employee:  some idiot customer:   
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Nov 12, 2014 23:41
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trucutru posted:Ok, It's not the video but the twins posted their presentation. You know, the one that they gave to big-shot money managers? holy poo poo PleasureKevin fucked around with this message at 23:54 on Nov 12, 2014 |
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Nov 12, 2014 23:41
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holylemon posted:i spent like $1 on PACER to get these, you're welcome
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Nov 12, 2014 23:45
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theflyingexecutive posted:thirdly, there is no legal precedence for autonomous corporations, a server cannot be liable for damages aaand there's the rub "it wasn't me manipulating the market, it was this bot" 
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Nov 12, 2014 23:48
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holylemon posted:i spent like $1 on PACER to get these, you're welcome aww man he's just defending their mining, not his forum posts notice though that he never denies that bfl told customers they weren't mining real bitcoins with their hardware 
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Nov 12, 2014 23:49
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Ben Grahams Ghost posted:i'm going to lose my apartment because my refrigerator won't loan me a few ApplianceCoins to pay the rent this month I own all of your food now as I am the high bidder with your refrigerator, however as part of the negotiations it was determined that you may have access to my toaster between the hours of 3pm and 5pm every other weekday.
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Nov 12, 2014 23:52
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holylemon posted:i spent like $1 on PACER to get these, you're welcome bless you. those customer statements are gold
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Nov 12, 2014 23:54
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isn't that last statement literally provably false with the buttcoin thing or are they trying to do some sort of semantic loophole with the word "profitable"
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Nov 12, 2014 23:57
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Werthog 95 posted:aww man he's just defending their mining, not his forum posts my favorite part is that they submitted declarations from three customers who were happy with their products, as though that proves anything. people being too stupid to realize you're not a scammer doesn't make you legit e: re profitability, their argument seems to be that (1) they weren't promising future results, only showing what people had achieved in the past or at the present moment, (2) people should have realized that if BFL was actually shipping on time, they wouldn't have been able to profit anyway, and (3) up uP UP. from that "room heater" guy (david mcclain, their "large accounts manager") "With respect to the so-called profitability calculator that was once posted as a hyperlink to BF Labs' Facebook page, the calculator is intended only for people who have already obtained mining equipment. The calculator page states '[c]alculate how much your shiny new rig is making you' (emphasis added) -- present tense, not future. Past or present tense is the only way the calculator could work because the calculator requires a user to input the applicable Bitcoin exchange rate, among other variables. This profitability calculator ignores the critical fact that had consumers received the miners when any consumer asserted that it should have, so would have all other consumers in the queue who were awaiting devices. The resulting influx of additional miners would dramatically change any earnings calculations. If the price of Bitcoin rises high enough, all prior generations of mining equipment would be worth operating because the number of Bitcoins mined would be worth significant value." holylemon fucked around with this message at 00:07 on Nov 13, 2014 |
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Nov 12, 2014 23:58
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Exinos posted:I own all of your food now as I am the high bidder with your refrigerator, however as part of the negotiations it was determined that you may have access to my toaster between the hours of 3pm and 5pm every other weekday. sad news, while I was accessing your toaster my neighbor's car hacked it and stole all of its coin and now your toaster is destitute maybe it can toast dicks behind the local 7/11 and pull itself up by its bootstraps like a true captain of industry BennyGsGhost fucked around with this message at 00:04 on Nov 13, 2014 |
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Nov 12, 2014 23:59
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Ursine Asylum posted:
they didn't advertise its profitability, just its hash rate. they also posted hash rate->profitability calculators on their sites iirc but i don't see how that's related 
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Nov 13, 2014 00:03
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 In the bold bitcoin future, the idea guys will be gods.
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Nov 13, 2014 00:07
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The Management posted:this assumes that the price of bitcoins is based on real market dynamics instead of hype, scams, and idiots. i'm pretty sure those factors are critically important for the real economic markets, too
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Nov 13, 2014 00:10
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| # ? Apr 19, 2024 21:16 |
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Mr. Nice! posted:gold wasn't even the first currency. clay tablets stamped with poo poo were the first. That's true; abstractions of value like that do go back crazy far, which makes their anger against fiat currency even funnier. Just in the European context, gold wasn't picked through some rational study or something, it ties directly to the value those in power accorded to it. That's what always defines money, something you don't use yourself but you know for a fact a rich/powerful person will trade you for. Decentralization value simply can't work the way they think it does. that's why tgey end up saying stupid poo poo like 'water has no value' Ron Paul Atreides fucked around with this message at 00:19 on Nov 13, 2014 |
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Nov 13, 2014 00:12
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