bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

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unpacked robinhood: Feb 18, 2013; by Fluffdaddy

thanks r/buttcoin

quote:

I recently started an IPO for my web based porn studio by the name of Klyemax.
The initial IPO offered 250,000 shares at a price of .0001 for a total of 25BTC to start up.
A small amount of the funds were used to procure TLD's as well as for advertising.
The rest I ended up investing into Just-Dice. This is where I made my first mistake.
...
For roughly 8-10 days this went on, And I ended up 14+ BTC. Most of which were used to purchase miners or cashed out and spent on drinks and VLT gambling at a local pub where I was attempting to get the waitresses to come work for me.
...
Suddenly everything I had been planning, all of what I was working towards, All of the investment I had sworn to use for good..
It crashed.. I went from 24 BTC down to 10 before I even stopped hitting the "lo" key on my martingale.
My heart sunk in my chest and I felt an unexplainable/unbearable pressure in my chest.
It was at that moment I realized that I had hosed over not only my investors, but myself and my reputation.
Frantically I began betting with the 10 BTC... Trying to recoup the loses I had just endured..
This was all in vain however, I watched my balance drop like a stone in a pond.. I remember as the balance hit zero..
My feeble attempts to recover the BTC were met with tears shortly after it sunk in what I had just done.
The feeling was worse than anything you could possibly imagine.. Akin to losing a family member or worse.

his av:

initial ipo thread (goes to poo poo page 5)

bonus random quote from someone with a furry av from this thread

quote:

1. I'm not interested in having sexual relations with anyone

# ? Mar 15, 2015 17:53

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# ? Apr 19, 2024 02:20

Erenthal: Jan 1, 2008; A relaxing walk in the woods; Grimey Drawer

unpacked robinhood posted:

1. I'm not interested in having sexual relations with anyone

well, i think he's got at least that one covered

# ? Mar 15, 2015 17:56

unpacked robinhood: Feb 18, 2013; by Fluffdaddy

quote:

Need to prove to my dad that bitcoins are a legit currency. Where can I go to buy $10-20 worth of Bitcoin? (self.Bitcoin)

where can i get some of that legit currency

# ? Mar 15, 2015 18:01

Malloc Voidstar: May 7, 2007; Fuck the cowboys. Unf. Fuck em hard.

unpacked robinhood posted:

<-(Not Gay)

# ? Mar 15, 2015 18:21

Sweevo: Nov 8, 2007; i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

text editor posted:

Is the BTC community about to be subverted by cultural marxists?

the term "cultural marxism" was invented by the nazis before ww2 and literally means nothing except "things i don't like"

# ? Mar 15, 2015 18:27

The Management: Jan 2, 2010; sup, bitch?

duTrieux. posted:

reddit is literally worse than stormfront

certainly more insidious

# ? Mar 15, 2015 18:30

jony ive aces: Jun 14, 2012; designer of the lomarf car; Buglord

FrozenVent posted:

"The Bratwurst and Pork Schnitzel Package with Red Cabbage and Spätzli for 25 people for $250." I would then fund the amount in Bitcoin totaling $250 in USD

...

If you go to BTCBlitz and click on your name, there's an order of $225 in Bitcoin,

even bitcoiners know the price keeps dropping :haw:

though they don't know how many actualmoneys bratwurst and schnitzel cost :negative:

# ? Mar 15, 2015 18:45

jony ive aces: Jun 14, 2012; designer of the lomarf car; Buglord

Magrov posted:

i'm the multiple points where it reaches the buy zone and never reaches sell. buy high sell never

or am i? i guess you could say

Notorious b.s.d. posted:

It's easy to say I'm this, I'm that, but to be honest I am still in the process of learning and refining what my own ideology is.

# ? Mar 15, 2015 18:48

unpacked robinhood: Feb 18, 2013; by Fluffdaddy

(Rant) Western Union hacked again (self.Bitcoin)
soumis 28 minutes ago par Volntyr
I was trying to send money to my sister in law who is currently in jail. After trying to send the money thru Western Union (the only way to send her money), I found a page showing that website is currently displaying admin password info. I really wish I could use Bitcoin instead of this very unsecure service but I have a feeling that due to Bitcoins' security would never be allowed for this type of transaction.

that darn western union sure got hacked again good

# ? Mar 15, 2015 19:07

The Management: Jan 2, 2010; sup, bitch?

before bitcoins I didn't even know western union still existed. who are these people using it? I've sent money internationally before, I just did it at my local bank branch

# ? Mar 15, 2015 19:15

Moo Cowabunga: Jun 15, 2009; [Office Worker.

same, like a normal person

# ? Mar 15, 2015 19:17

ANAmal.net: Mar 2, 2002; 100% digital native web developer

western union exists on the same poors-only plane of reality as greyhound buses and tuberculosis

# ? Mar 15, 2015 19:28

Dr. Honked: Jan 9, 2011; eat it you slaaaaaaag

government cheese

# ? Mar 15, 2015 19:32

BENGHAZI 2: Oct 13, 2007; by Cyrano4747

unpacked robinhood posted:

thanks r/buttcoin

his av:

initial ipo thread (goes to poo poo page 5)

bonus random quote from someone with a furry av from this thread

i'm the dick tree (not gay)

# ? Mar 15, 2015 19:38

suffix: Jul 27, 2013; Wheeee!

unpacked robinhood posted:

cashed out and spent on drinks and VLT gambling at a local pub where I was attempting to get the waitresses to come work for me.

i'm the insufferable drunk guy these girls have to deal with every day who thinks you're very pretty and should totally come and do some modelling in my studio *wink* *nudge*

# ? Mar 15, 2015 19:46

JamesieAB: Nov 5, 2005

Apparently this happened a little while ago...

Robots are starting to break the law and nobody knows what to do about it

quote:

The Random Darknet Shopper, an automated online shopping bot with a budget of $100 a week in Bitcoin, is programmed to do a very specific task: go to one particular marketplace on the Deep Web and make one random purchase a week with the provided allowance. The purchases have all been compiled for an art show in Zurich, Switzerland titled The Darknet: From Memes to Onionland, which runs through January 11.

quote:

Update on 1/16: The Random Darknet Shopper just got seized by Swiss authorities, who at least waited until the art show was over before moving in. On the bot�s blog, organizers posted the following statement:

# ? Mar 15, 2015 20:05

Improbable Lobster: Jan 6, 2012; What is the Matrix 🌐? We just don't know 😎.; Buglord

JamesieAB posted:

Apparently this happened a little while ago...

Robots are starting to break the law and nobody knows what to do about it

i hate that that title implies that robots are spontaneously committing crimes instead of some idiots with an art show giving bitcoins to an rng

# ? Mar 15, 2015 20:10

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

i gave a robot money and told it to buy stuff off the place primarily for buying illegal stuff and it bought all this illegal stuff and now the police are here what is the world coming to

ITS ART

Boxturret fucked around with this message at 20:25 on Mar 15, 2015

# ? Mar 15, 2015 20:17

raminasi: Jan 25, 2005; a last drink with no ice

unpacked robinhood posted:

(Rant) Western Union hacked again (self.Bitcoin)
soumis 28 minutes ago par Volntyr
I was trying to send money to my sister in law who is currently in jail. After trying to send the money thru Western Union (the only way to send her money), I found a page showing that website is currently displaying admin password info. I really wish I could use Bitcoin instead of this very unsecure service but I have a feeling that due to Bitcoins' security would never be allowed for this type of transaction.

that darn western union sure got hacked again good

he just compared a money transfer system in which customers carry zero risk from hacks unfavorably to a money transfer system in which customers carry all of the risk from hacks

bitcoiners continue to surprise me

# ? Mar 15, 2015 20:24

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

GrumpyDoctor posted:

he just compared a money transfer system in which customers carry zero risk from hacks unfavorably to a money transfer system in which customers carry all of the risk from hacks

bitcoiners continue to surprise me

i think you will find that bitcoin has never once been hacked :smug:

# ? Mar 15, 2015 20:26

FCKGW: May 21, 2006

blugu64 posted:

sounds like we found the name for the first bitcoin serial killer.

that reminds me, whatever happened to hobo swamp guy, and his hobos?

most of us forgot, but reddit turned on him once he could produce no real documentation for his charity and just kind spent the money he was given on things he vaguely felt were for a good cause. he bought guy an RV for some fundraising road trip but put the title and insurance in his name instead of the charity name "because it was cheaper". ever since that stuff came out he stopped posting.

humorously, about a week ago, someone posted a reddit thread claiming that he passed to try an coax him out. . he popped up 20 minutes later to dispute it and then disappeared. he's still a mod of /r/bitcoin and it's obvious he still talks to the mods in private.

# ? Mar 15, 2015 20:28

Moo Cowabunga: Jun 15, 2009; [Office Worker.

Reddit dramas :swoon:

# ? Mar 15, 2015 20:36

TVarmy: Sep 11, 2011; like food and water, my posting has no intrinsic value

Boxturret posted:

i think you will find that bitcoin has never once been hacked

there was that one time a guy minted 180 billion coins, but it was a long time and we rolled back the permanent and unchangeable blockchain to fix it.

# ? Mar 15, 2015 20:58

Magrov: Mar 27, 2010; I'm completely lost and have no idea what's going on. I'll be at my bunker.

If you need any diplomatic or mineral stuff just call me. If you plan to nuke India please give me a 5 minute warning to close the windows!

Also Iapetus sucks!

# ? Mar 15, 2015 21:01

Moo Cowabunga: Jun 15, 2009; [Office Worker.

lol

# ? Mar 15, 2015 21:05

Nintendo Kid: Aug 4, 2011; by Smythe

The Management posted:

before bitcoins I didn't even know western union still existed. who are these people using it? I've sent money internationally before, I just did it at my local bank branch

western union is like 99% used by recent immigrants sending money back overseas to family that hasn't been able to come over yet

# ? Mar 15, 2015 21:05

Moo Cowabunga: Jun 15, 2009; [Office Worker.

I used the bank when I was overseas sending money back to the glorious home country :chord:

# ? Mar 15, 2015 21:09

Gobbeldygook: May 13, 2009; Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!

The Management posted:

before bitcoins I didn't even know western union still existed. who are these people using it? I've sent money internationally before, I just did it at my local bank branch

Also used to buy/sell drugs on the internet. Their competitor Moneygram will let you send money without showing any ID and more importantly pick it up without showing any ID as long as the sender adds a secret question.

# ? Mar 15, 2015 21:13

DaTroof: Nov 16, 2000; CC LIMERICK CONTEST GRAND CHAMPION
There once was a poster named Troof
Who was getting quite long in the toof

quote:

In theory, a ponzi can last forever as long as users keep sending in coins.

in theory, there are infinite users with infinite coins

# ? Mar 15, 2015 21:15

Just-In-Timeberlake: Aug 18, 2003

# ? Mar 15, 2015 21:28

BENGHAZI 2: Oct 13, 2007; by Cyrano4747

TVarmy posted:

there was that one time a guy minted 180 billion coins, but it was a long time and we rolled back the permanent and unchangeable blockchain to fix it.

wait this happened? holy poo poo

# ? Mar 15, 2015 21:34

TVarmy: Sep 11, 2011; like food and water, my posting has no intrinsic value

yeah, the original implementation checked if a transaction was good by subtracting the outputs from the input wallets' balance. but the client didn't account for integer overflows, so someone made a transaction where an account with a small balance paid out huge amounts to two addresses, which caused an overflow when they were summed so it looked valid.

# ? Mar 15, 2015 21:46

Midjack: Dec 24, 2007

TVarmy posted:

yeah, the original implementation checked if a transaction was good by subtracting the outputs from the input wallets' balance. but the client didn't account for integer overflows, so someone made a transaction where an account with a small balance paid out huge amounts to two addresses, which caused an overflow when they were summed so it looked valid.

first version best version

# ? Mar 15, 2015 21:49

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Just-In-Timeberlake posted:

# ? Mar 15, 2015 21:54

rjmccall: Sep 7, 2007; no worries friend; Fun Shoe

Boxturret posted:

i gave a robot money and told it to buy stuff off the place primarily for buying illegal stuff and it bought all this illegal stuff and now the police are here what is the world coming to

ITS ART

also unless dark net markets use some sort of unified web api this robot very likely only knows how to scrape and automatically submit forms on specific sites whose individual illegality would have been known in advance to the programmer

ART

# ? Mar 15, 2015 22:01

Moo Cowabunga: Jun 15, 2009; [Office Worker.

Free willed robots just want to get high

# ? Mar 15, 2015 22:04

Notorious b.s.d.: Jan 25, 2003; by Reene

The Management posted:

before bitcoins I didn't even know western union still existed. who are these people using it? I've sent money internationally before, I just did it at my local bank branch

people who don't have bank accounts.

# ? Mar 15, 2015 22:15

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.

Gobbeldygook posted:

Also used to buy/sell drugs on the internet. Their competitor Moneygram will let you send money without showing any ID and more importantly pick it up without showing any ID as long as the sender adds a secret question.

For stuff under 500$ yeah, higher than that ID verification for both parties kicks in.

What exactly was that coiner saying? Why would the public WU website even have admin accounts

# ? Mar 15, 2015 22:22

The Management: Jan 2, 2010; sup, bitch?

Notorious b.s.d. posted:

people who don't have bank accounts.

but how does that overlap with bitcoiners? if you have a computer and electricity and a sufficient mastery of English to post on reddit you probably qualify for a bank account.
there are kids but they don't need to send money to people. are there really that many anti-bank loonies that choose to pay western union fees over just using a bank for free?

# ? Mar 15, 2015 22:26

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# ? Apr 19, 2024 02:20

duTrieux.: Oct 9, 2003

The Management posted:

certainly more insidious

here's an article from a southern poverty law center research analyst about how reddit is worse than stormfront

http://gawker.com/how-reddit-became-a-worse-black-hole-of-violent-racism-1690505395

# ? Mar 15, 2015 22:29

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

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