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LanceHunter
Nov 12, 2016

Beautiful People Club


Coinbase has been extremely focused on trying to get its customers to do regularly scheduled purchases. Like, any purchase automatically has a prompt asking if you'd like to make it recurring, and they push the idea of recurring purchases all over their site. You know you're failing at running an exchange when you are basically pushing a pseudo-subscription model.

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Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
that's one of bitcoin's selling points too, they say that having every purchase be a push rather than allowing other entities to pull money out is a benefit


i do so love how they keep papering over all of bitcoins supposed strengths :allears:

FAUXTON
Jun 2, 2005

spero che tu stia bene

yeah someone brought that up as a selling point and I was like "yeah even refunds?"

Shame Boy
Mar 2, 2010

FAUXTON posted:

yeah someone brought that up as a selling point and I was like "yeah even refunds?"

refund? is that like some kind of chargeback? in that case i can assure you, you are protected from refunds

Zopotantor
Feb 24, 2013

...und ist er drin dann lassen wir ihn niemals wieder raus...
refund? refund?

Grace Baiting
Jul 20, 2012

Audi famam illius;
Cucurrit quaeque
Tetigit destruens.



REFUNDS ARE SAFE

mystes
May 31, 2006

LanceHunter posted:

Coinbase has been extremely focused on trying to get its customers to do regularly scheduled purchases. Like, any purchase automatically has a prompt asking if you'd like to make it recurring, and they push the idea of recurring purchases all over their site. You know you're failing at running an exchange when you are basically pushing a pseudo-subscription model.
Investing regularly on a recurring schedule is something suggested by the Intelligent Investor, so I guess it's sort of like that but without the intelligent part.

drk
Jan 16, 2005
buttcoin: it's sort of like that but without the intelligent part

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


drk posted:

buttcoin: it's sort of like that but without the intelligent part

Midjack
Dec 24, 2007



drk posted:

buttcoin: it's sort of like that but without the intelligent part

Weatherman
Jul 30, 2003

WARBLEKLONK

drk posted:

buttcoin: it's sort of like that but without the intelligent part

mods:

Zamujasa
Oct 27, 2010



Bread Liar

drk posted:

buttcoin: it's sort of like that but without the intelligent part

Soylent Pudding
Jun 22, 2007

We've got people!


drk posted:

buttcoin: it's sort of like that but without the intelligent part

LanceHunter
Nov 12, 2016

Beautiful People Club


drk posted:

buttcoin: it's sort of like that but without the intelligent part

Nybble
Jun 28, 2008

praise chuck, raise heck

drk posted:

buttcoin: it's sort of like that but without the intelligent part
:perfect:

qirex
Feb 15, 2001

I think “fictional reserve banking” was my favorite that hasn’t been the thread title yet but that one is good too

KnifeWrench
May 25, 2007

Practical and safe.

Bleak Gremlin

qirex posted:

I think “fictional reserve banking” was my favorite that hasn’t been the thread title yet but that one is good too

p sure that did make it to the title the first time it came up a thread or two ago

Weatherman
Jul 30, 2003

WARBLEKLONK
yeah that was the title for quite some time

FAUXTON
Jun 2, 2005

spero che tu stia bene

I'm partial to prosecution futures

drk
Jan 16, 2005


https://storage.courtlistener.com/recap/gov.uscourts.nysd.524076/gov.uscourts.nysd.524076.182.0_2.pdf

A judge writes 127 page opinion I mostly didnt read, but didnt go well for Bitfinex, who will almost certainly now have to go towards trial. It wasnt a complete win for whoever this was who brought the case either, because I think their lawyer is a bit of a nut also (alleging poo poo like RICO, its never RICO unless you're R. Kelly).

This will be funny whichever way it goes, because I'm sure the plaintiffs are insufferable coiners with worse counsel (I mean, RICO)

divabot read this for us

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

Gazpacho posted:

as a Lemmings token owner you have the right to go jump off a cliff ayyyyy

broke: bart pattern

woke: lemming drop

kw0134
Apr 19, 2003

I buy feet pics🍆

this is an extremely preliminary ruling, basically if the suit at a very basic level pass the smell test. so far it does; it will proceed to other matters, including discovery which may be...not great, to put it mildly for the defendants.

trial, if it gets there, is still a very long way off.

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

mystes posted:

it's sort of like that but without the intelligent part.

:drat:

Khorne
May 1, 2002

mystes posted:

it's sort of like that but without the intelligent part.
what's so smaht about these smart contracts anyway

NoneMoreNegative
Jul 20, 2000
GOTH FASCISTIC
PAIN
MASTER




shit wizard dad

hm did anyone say

https://www.imdb.com/title/tt8030700/

yet..?

Grace Baiting
Jul 20, 2012

Audi famam illius;
Cucurrit quaeque
Tetigit destruens.



Khorne posted:

what's so smaht about these smart contracts anyway

code ai

HELLOMYNAMEIS___
Dec 30, 2007

https://twitter.com/David3141593/status/1442883432925773829

KnifeWrench
May 25, 2007

Practical and safe.

Bleak Gremlin

lmao it doesn't matter how simple or trivial the detail, they will find a way to gently caress it up

Nybble
Jun 28, 2008

praise chuck, raise heck
I'm surprised the market cap is only 5 figures, usually those things have "8-figure market caps"


ButtButt

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

drat lunch monied

ultrafilter
Aug 23, 2007

It's okay if you have any questions.


I bet they did that so they could run a scam and thought no one else would catch it.

Chris Knight
Jun 5, 2002

me @ ur posts


Fun Shoe

Nybble posted:

ButtButt
not the most intuitive joke

njsykora
Jan 23, 2012

Robots confuse squirrels.


ultrafilter posted:

I bet they did that so they could run a scam and thought no one else would catch it.

the follow up is even better, they never claimed they were using a secure hash and are totally fine with this also we’re banning you from the network
https://twitter.com/david3141593/status/1442889364200046594?s=21

vortmax
Sep 24, 2008

In meteorology, vorticity often refers to a measurement of the spin of horizontally flowing air about a vertical axis.
https://twitter.com/David3141593/status/1442914197923188740

Shame Boy
Mar 2, 2010

https://twitter.com/CryptoHack__/status/1442893843574059009

if not you sure will soon :allears:

njsykora
Jan 23, 2012

Robots confuse squirrels.


coinbase got hacked
https://twitter.com/MikaelThalen/status/1443303462054236160

Paladinus
Jan 11, 2014

heyHEYYYY!!!
loving ebaumsworld, I swear, those guys!

Main Paineframe
Oct 27, 2010

no, Epik's Coinbase login info and API key got hacked

Coinbase itself is unaffected. the personal Coinbase account of Epik's founder, on the other hand, is very affected

4lokos basilisk
Jul 17, 2008


internet comment etiquette with epik

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Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

Main Paineframe posted:

no, Epik's Coinbase login info and API key got hacked

Coinbase itself is unaffected. the personal Coinbase account of Epik's founder, on the other hand, is very affected

lmao did they take his lunch money

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