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My PIN is 4826 posted:Deleting a "loaded" wallet.dat file is pretty much analogous to launching a gold brick into the sun (or any other permanent method of destroying gold). Sodium Cyanide will do it, I think. In that you can use it to 'destroy' it by turning it into compounds that would be more difficult and expensive to recover the gold than the gold would be worth. You know, suddenly I'm tempted to mine up just enough BitCoin to trade for a Pog.
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May 24, 2011 12:59
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I'm mulling over actually generating a single bitcoin to trade. The question is if I can find a dealer who will trade and deliver 1 pog for 1 bitcoin. But at the same time the world of bitcoinage is so weird that maybe it's best not to bother.
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May 26, 2011 01:35
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What is even going ON. I tried to by ONE bitcoin so that I could use it to buy ONE pog. Now I have A BUNCH of bitcoins and they're worth WAY more than I can justify spending on a single pog. So now I unintentionally bitcoin market speculated or whatever, I should cash out on all but one bitcoin and wait for the bitcoin market to fall, but not too much, that I can exchange it somehow for one pog plus postage. Or some other currency medium I can anticipate can be spent to buy a pog.
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Jun 8, 2011 03:35
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Monocle Smile posted:There is very little fundamental analysis going on in this thread. It's almost pure emotion, on both sides. The pro-bitcoin people are experiencing euphoric glee and the anti-bitcoin people are barely able to contain their rage. Sounds like a typical GBS thread. If the .. pro Bitcoin people are experiencing 'euphoric glee' doesn't that make them pretty suspiciously like the typical casualty caught up in a bubble?
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Jun 8, 2011 21:12
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I wish I could be participating in this future speculation, but the pressure was too much, I GOT OUT, I'M DOWN TO ONE LONELY BITCOIN I made money on this completely by accident and by being a ditz!
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Jun 8, 2011 23:45
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Drone_Fragger posted:it doesn't hurt economies, but it hurts idiot libertarians. Which really, is a good thing since it invalidates their ideas (which are mainly idiotic). Is a man not entitled to the bit of his coin? No, says the internet, you're an idiot. Is a man not entitled to the sweat of his brow as he almost dies of heatstroke brain swelling while mining bitcoins in his sweltering apartment? No, says the internet, I .. I don't really think so, but .. the analogies are really falling apart here, and
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Jun 11, 2011 01:06
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raezr posted:Yeah its kind of weird to talk about the "BitCoin economy" when it hardly fits that definition. It's an economy of libertarian technofetish restless nerd energy, I guess!
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Jun 13, 2011 00:42
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Nibiru posted:He's 17 and still in high school, I think. Hee! quote:“The Objectivist ethics, in essence,” said Rand, “hold that man exists for his own sake, that the pursuit of his own happiness is his highest moral purpose, that he must not sacrifice himself to others, nor sacrifice others to himself.” How fitting! I should save him as an example.
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Jun 13, 2011 01:19
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an adult beverage posted:She wrote a song about asperger internet currency, so yes. Hairs of neckbeards three Tears of markets free Glasses of the lording sperg Armchair of the great white nerd Roundabout the cauldron go (market) bubble, toil and trouble...
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Jun 15, 2011 17:16
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After reviewing this thread, I am filled with happy dreams of Atlas being found out as a troll. Even though he's probably not! He's just suspiciously perfect as a demonstration of 'the bitcoin demographic.'
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Jun 17, 2011 19:12
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A Fancy 400 lbs posted:This is the worst logic I've ever seen. "If people make money off of it, it HAS to be positive!" "That's what I said about my meth lab, but the cops arrested me anyway! THE NERVE"
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Jun 17, 2011 19:58
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Hungry Gerbil posted:Well, it depends. Bitcoins are like a casino. People lose money, people gain money. And then there are the idiots who think there is FREE MONEY to be had. I can't fault the former, if they know the risks. The latter is hopeless. I actually think that the people who hopped on this just to say "lol, okay, i'll just have my computer generate cryptolibertarian bucks that idiots will exchange real money to me for" aren't being silly for thinking of it as free money. It's people who have actually invested cash into it under the expectation that this is The Currency Of The Future who are being silly to me.
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Jun 18, 2011 13:50
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Comrade Flynn posted:I'm not trying to be snarky, but does she have the EXACT same face as the groom? It's uncanny. Hee. Maybe?   .. That is actually kind of unusual! It is probably just the angling/lighting of the shot though. In all seriousness they look like a lovely couple!
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Jun 19, 2011 08:55
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Nibiru posted:It went down to 0, so now it's got nowhere to go but up! I guess I put in my order just in time, because now bitcoins are worth less than pogs!
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Jun 19, 2011 21:46
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spidoman posted:So a group of libertarians decide to start defining their own way of doing things. However, they rely on a classic setup for control and regulation, yet still insist that they are free from the perils of regulation. I find that all secondary to how the system is predicated on the notion that the generation of the currency, of 'value' and wealth, comes from making machines do busy work for numbers with no intrinsic worth beyond what some nerd speculators generate for it. It's kind of why I guessed (beyond what I read in this thread) why the whole thing couldn't work. But you're right it's all pretty bad!
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Jun 19, 2011 22:11
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Drone_Fragger posted:whats funny is that now the bitcoin spergs are clamouring for some kind of bitcoin approved exchange that is as "strong as the bitcoin". I have an old treehouse out back, and it still kind of has a roof!
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Jun 19, 2011 22:30
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All this talk about salting and hashing really makes me want breakfast. Also I want to know what's so bad about 'root:admin' — it sounds delightful, but I'm a neanderthal in these affairs.
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Jun 19, 2011 23:58
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Nibiru posted:On a Linux server "root" is the user account that can do anything to the system. It's the Administrator. root:admin means that Mt. Gox used "admin" as the password for root, leaving it hilariously insecure. Oh, admin was the password for root. Oh okay! That's so stupid even I wouldn't have done that!
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Jun 20, 2011 00:05
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I really want to give these people a big hug and sit them down and tell them as kindly as possible that they need to stop being idiots enamored with a hopelessly naive currency concept just because it got ideologically marketed as the best new libertarian thing. And if they say "no no, see, it can work because" I will smile, punch them in the throat, and start over at the big hug.
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Jun 20, 2011 21:44
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If atlas really wants some serious advice (and he's not an elaborate troll), it's to accept that he's got issues and the fastest way he can kill himself is to remain mired in adolescent, egoist philosophies that lead him to judge himself as a person primarily based on his financial productivity, to eschew compassion and altruism as weakness, and which inspire him to treat others the same. Fortunately, he's 17. The odds are pretty good that he'll move beyond this stunted ideological phase. Most do! Oh right and therapy is good. Also that post is pretty much a wonderful indicator on how much money Atlas really thinks he has at this point in Bitcoins.
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Jun 21, 2011 11:46
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quote:For several months, EFF has been following the movement around Bitcoin, an electronic payment system that touts itself as "the first decentralized digital currency." We helped inform our members about this unique project through our blog and we experimented with accepting Bitcoin donations for several months in an account that was started by others. Great job, EFF! https://www.eff.org/deeplinks/2011/06/eff-and-bitcoin
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Jun 22, 2011 16:00
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toby posted:I wish I could watch a documentary about these guys' lives. They are motivated enough to do things, but not smart or talented enough to do them correctly. People permanently stuck in the middle of a thousand pyramid scams and get-rich-quick schemes -- never at the bottom, never at the top, and never really grasping any of it. "It is better to have tried and failed than to have been crippled by inaction" is usually a great platitude, but then you would watch it and go "okay, in MOST cases, but not here. These people should have sat at home."
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Jun 22, 2011 20:29
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waffle posted:It's surprising that nobody competent has tried to make a Bitcoin exchange. Seems like anyone with any level of professionalism could probably easily outdo any of these guys, and even though bitcoins at the end of the day are complete bullshit, there's a decent amount of money to be made by charging people to trade their buttcoins. I think that anyone who was professional enough would only have been able to reasonably expect that in retrospect, but wouldn't have gotten invested before the ridiculous bubbling. And then after it happened, I'm sure most thought that it was far too volatile to risk putting too much effort into.
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Jun 23, 2011 14:48
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Man, it's so important to have new software for forums, unless you like massive hacks. I mean, isn't there like a laundry list of things you could do to, say, UBB.classic 6.7.2? I still see people using it, but it couldn't possibly be secure, right?
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Jun 23, 2011 15:48
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ted_himself posted:You're missing the point. This form of speculation is so dumb, and so deserving of all the scorn it's getting, that the idea we're all wrong is so terrifying that it's freaking me out. I really don't think we have anything like that to worry about.
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Jun 23, 2011 17:09
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I'm just excited to see this all close out because I want to see it turn into a book that ends "and thus, like everyone expected, reality kicked internet libertarians in the teeth, yet again."
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Jun 23, 2011 23:37
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Pseudo-God posted:They are going to get shanked. poo poo Just Got BitReal™
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Jun 24, 2011 10:52
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Inept posted:MTGOX actually makes 1.3%. They take .65 on both the buying and the selling side of the transaction. So they stuck in a straw and drank deep of a negative-sum game. Good racket, overall.
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Jun 24, 2011 15:05
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C'mon, mt. gox. I want you to be open already. I want to watch this.
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Jun 25, 2011 02:53
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Well, I'm watching. I got my coffee and everything. Let's do this. Let's say we were here when the dream died.
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Jun 25, 2011 03:09
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Well then. Too bad! I don't get to watch this happen in realtime. Well, I guess I'm seeing it happen in a way by watching them ensure that all but the most simpleton are trying to haul their bitcoins out and cash them as fast as possible.
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Jun 25, 2011 04:20
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I am just legitimately surprised that this didn't all come crashing down instantly! I could not have fathomed a situation in which the base of a market didn't realize that it was really time to get out.
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Jun 27, 2011 15:41
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Ape Agitator posted:What kills me is that this hard physical fake currency is based on intangible fake virtual currency that is intended to be untraceable for illicit activities but this hard fake currency is immediately trackable. I should open a trading network that buys the physical fake currency based on the intangible fake virtual currency for an alternate coded intangible fake virtual currency that you can use to launder the first physical fake currency for a new separate pool of physical fake currency.
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Jul 2, 2011 19:54
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VanSandman posted:I got lost somewhere around the term "I". It's simple, we, uh, kill the bitcoin.
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Jul 2, 2011 20:02
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What a strange vacuum of a community, where something like easycoin sounds like a good idea.
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Jul 3, 2011 07:05
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I finally took a deep breath and dove straight into the Neckbeard itself, and looked through the bitcoin forums proper. Even if I knew nothing else about bitcoins — in fact, had I not read word one about them — I would have immediately gotten suspicious about what percentage of the discussion was related to security concerns and the fact that people's bitcoins were being stolen rather easily ('Halp, a hackers got my bitcoin wallet!!') and not expect this to go anywhere.
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Jul 5, 2011 02:33
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Everything looks fine on the 'this looks fine' chart, which charts a line on a graph moving from 'fine' to 'fine' along the course of bitcoin's trading history! chartmaker not responsible for variables in usefulness of graphing metric pertaining to real-life scenarios
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Jul 5, 2011 03:24
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Lolie posted:Atlas is one of those people who doesn't know what he doesn't know. I doubt he knows how to implement a single suggestion he's been given in that thread. Most businessmen started as young as 14! Generally in this era of humankind, they were granted this opportunity as they were born to parents who were, say, part of the landed gentry, inheriting station over serfs mainly as a matter of primogeniture. This illustrates the worth of free-market ideology perfectly I suppose. Whatever. We're getting off topic. You're supposed to hire me now!
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Jul 5, 2011 03:43
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quote:Children without structured education are on par --if not-- outpace their schooled peers. Ahem. A copy-editor would beat him to death with a tire iron. Atlas is kind of a poster child for unschooling in this way! If I met him in real life, I'd say he's exactly that sort of person who's just a little too awkward for people to readily employ, and more than plenty too awkward to readily date. You will see this in far, far too many Unschooled children. They have big, glaring holes in their education, and they make a bit of a case for the perennial 'socialization' argument in favor of structured schooling. Because, my Lord, they have interfacing errors. There is plenty of Unschooling here. My personal and uncharitable anecdotal perspective is that it is horrid. The way most parents engage in it, you could practically qualify it as well-intentioned child abuse. Why, why am I caught up in the drama of obsessively overanalyzing a 17 year old!
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Jul 5, 2011 10:06
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Insert puns here posted:Atlas, shrugging off the shackles of his well-earned reputation: Why announce this? Now they're all just going to be on the lookout for the new gormless pedagogue who churns out abortive, naive proposals.
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Jul 7, 2011 15:31
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