Azathoth posted:

https://twitter.com/mdudas/status/1129113685220352001?s=19

Word on the street is that the whale decided to press charges.

Azathoth posted:

https://twitter.com/mdudas/status/1129113685220352001?s=19

Word on the street is that the whale decided to press charges.

Lambert posted:

Also: "BREAKING: Random unsubstantiated Twitter musings"

Lambert posted:

"That one dude lied really well; he must have been extremely smart!"

Rectal Death Adept posted:

Careful Uranium, people making money gambling thinking they are smart is the same trap AARO fell into.

You guys got lucky on your gambles then spent a lot of time doing a trillion safe microtrades in the stupidest market on the planet. Anyone who bought in 2017 made massive profits simply for existing. You aren't authorities on anything other than how the mechanics of trading work.

Uranium 235 posted:

when did i claim to be an authority on anything?

adar has been successful long enough that i believe he has more going for him than just luck

Rectal Death Adept posted:

Yeah, I played EVE with him

nullEntityRNG posted:

They do know the best methods to double isk scam people. So either adar just made rda a sucker or adar is using rda to make uranium a sucker or....

Man my head hurts I think ill go lay down. Bitcoin is dumb.

Splicer posted:

The Bart's ending. Did zuarg buy in or something?

Rectal Death Adept posted:

Yeah, I played EVE with him and he isn't some Neo that goes "There is No Market" then makes money because he can see the truth behind the numbers while using one hand to defeat the Agents of Market Crashes. He has that ability to do extreme spreadsheet minmaxing and spend an infinite amount of time focused on minutiae. He was famous for it.

Take that microtransaction concept and get a bot or just do it 20 hours a day and I'm sure you would do extremely well. Most traders don't do it because they are chasing huge profits quickly, not a million 0.01% profits over a period of months. I didn't want to deal with trying to pay taxes on 20,000 transactions and think crypto in general is dumb.

Yet I still quadrupled my initial buy in because the market just went crazy, no matter what you were buying.

OMGVBFLOL posted:

is mccafe the antivirus guy

Splicer posted:

The Bart's ending. Did zuarg buy in or something?

OMGVBFLOL posted:

is mccafe the antivirus guy

Khorne posted:

also the murder in the jungle guy

and the beating the poo poo out of someone on camera guy

and the doing bath salts and going insane guy

and the bitcoin guy

and the lived with seven women guy

and the eat my own dick if it's not a million per coin by 2020 guy

and the ran a drug operation in a foreign country and fled guy

Clockwerk posted:

consensual whale loving, mind you

orange juche posted:

Apparently a single wallet posted a sell order for 5000 coins on bitstamp and blew through their entire order book and loving destroyed the price like a champ. poo poo owns

divabot posted:

yep - they spent $40m on Bitstamp to wreck $250m of longs on BitMEX.

Norton the First posted:

I really want to know how that works.

divabot posted:

the next game of Moon or Toilet

Khorne posted:

and the eat my own dick if it's not a million per coin by 2020 guy

divabot posted:

BitMEX gets its bitcoin price from Bitstamp and Coinbase, two exchanges that deal in actual US Dollars. And I'm pretty sure the margin bets on BitMEX are trader versus trader.

So the traders don't care about Bitcoin - they only care about how the price of Bitcoin affects their bets.

Fundamentally: the bets are way bigger than the amount needed to manipulate the price the bet depends upon.

spankmeister posted:

I'm warming up a twitter botnet to spam McAfee when he inevitably has to eat his sick and doesn't.

shame on an IGA posted:

So what basically happened is that somebody took $250,000,000 in bets that nobody would be dumb enough to sell a butt for $x, and then sold butts until the price was $x?

lmao

quote:

I don’t usually use forums or Reddit, I usually just post comments on Ancap blogs like Molyneux or Cantwell’s blog, but they didn’t seem appropriate places to post my story. So here goes, I just wanted to share this with all of you.

Nov 3 I flew to Europe for a Eurotrip type tour. Not a guide or packaged deal, just going around by myself. I paid for half of the trip with the wages I earned over the last two years, my dad paid for the other half. I am 19, I guess that is normal starting college and all. (Before that I worked for my dad’s company part time, so I guess you could say he paid for all of it, lol).

I did France and then Italy and then Greece next. I am an Ancap so I wanted to see anarchists in these places. Yes, I know they are different kinds of “anarchists” and not really full anarchists like us. I went to an anarchist book store in Italy and it had a lot of English books, but no Rothbard or Ancap. Like I said, I expected that, not a surprise.

I went to Greece, which everyone knows is famous for its revolutionary anarchism, its economic crisis and everything going on right now. Here I found directions for a local anarchist center. I went and didn’t see anybody, but it was covered in graffiti, mostly in Greek so I couldn’t read it. Whatever, I started taking pictures. Then some people came out and confronted me.

This should have been my first warning sign something was not right, because photography is not a crime. They were not violent, but they were not friendly, like asking who I was, what I wanted. They all spoke good English actually. Not uncommon in Greece. I said I was a tourist and an anarchist and I just wanted to take pictures. Then they got friendly and told me I should have asked first (but pictures are no NAP violation so I don’t know why, but I didn’t say anything) and they invited me inside.

We hung out for a while and smoked hash (there is no good dank in Europe as you might find out like in Cali, everyone smokes hash with tobacco which isn’t as cool as it sounds). We started talking about politics and anarchism. I was trying to talk about the state, they were like yeah no doubt the state was bad. But they wanted to talk about capitalism, capitalism this and that. This is when we started to get into a debate.

I told them that what they called capitalism is different from the free market. They said capitalism is free markets. And I said I agreed. That is what I am saying. Real capitalism is free markets. And they said yes, that is what we are trying to get rid of. And I said no, but we don’t even have that right now. We need more free markets. And everyone at the same time was like “nooo” we are anarchists, we are against capitalism. Anarchists oppose capitalism.

And I said but not anarcho-capitalists. Anarcho-capitalists are the anarchists who support capitalism. I had a fanny pack (yeah, lame I know) for my camera and in that I had this yellow and black bowtie (also super lame, it was a joke but I wasnt wearing it). And I said look, these are the Ancap colors, yellow and black, like versus the communist red and black. Well, these guys had a lot of red and black in the building already so I thought they would get it.

I think that is when it started to get a really bad vibe, really tense in the air. The free market thing was funny, we disagreed but I think they thought I was just confused. Everyone was uncomfortable now. Then someone said markets wont work with democracy. And I said exactly, that’s it, democracy is against anarchism. And they kind of agreed, and said yes, we don’t have real democracy, just governments, and we needed more democracy. I said no, we need less democracy, democracy is the enemy. And we need to end democracy to have anarchy. Then they were all like “noooo” again. You know that thing people do in groups when everyone all says “nooo” or expresses some disapproval at the same time.

And one of them said “but we do want to stop democracy” and then they kind of spoke back and forth in Greek. I didn’t really understand it. And they asked me what I meant.

So I said okay, I had the floor, I was going to tell them about ancapism. And I tried to explain to them some Rothbard and Hoppe. I said the natural order in anarchy is that the best rise to the top, the market picks who is the best. They compete and are peaceful. They said what do we want instead of anarchy. I said we want private owners to own their own land and businesses, and to employ people. They said that is what we have now. I said no, it would be even better. One of the guys said it was like feudalism. And I said it is not feudalism.

Eventually one of the guys spoke up and I thought he was Greek, but he spoke English perfectly so he may have not been. He said he knew what anarcho-capitalism was and that we were basically fascists. He asked me if I thought everything should be private. And I said yes. And he asked me if I thought people were unequal. And I told him yes. And that not everyone would have equal rights. I said everyone has the right to own property and not be done aggression against. But that not everyone had to be treated equally by the owners. He said what about immigrants and racism. And I said that would not happen in a free market, but yes property owners could be racist if they wanted to. They had to respect property.

Then he called me a fascist again, and someone else said I was a fascist. And then they basically all started shouting fascist at me, and one of them grabbed me by the wrists. They pulled me out the door, it was up three floors, and basically drug me down the stairs on my back. It hurt really bad and I remember yelling “you’re breaking the NAP” and things like that. “Stop initiating force against me.” Then they kicked me around on the ground in the hallway, before they took my camera and threw me outside. I was crying and stuff, I just sat there. I was in shock because it was so sudden. Looking back there were warning signs though.

I think they felt bad for me and gave the camera back, but when I looked later they stole the memory card with all of my Greek photos.

So they initiated force and theft. They broke the NAP. I knew the left anarchists were not real anarchists, but I never knew they would do something that bad.

I wasnt seriously hurt, just kicked around a little, lots of bruises and little cuts. I am fine guys so don’t worry. Just needed to share.

Azathoth posted: