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  • Locked thread
prefect
Sep 11, 2001

No one, Woodhouse.
No one.






Dead Man’s Band

uncurable mlady posted:

wait, we?

you work for linden?

i would be interested in hearing about what it's like at linden. how much money did they have to pay wired back when every other article was about second life?

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exploded mummy
Sep 10, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick


Nap Ghost

how much did you pay for this

https://www.youtube.com/watch?v=3-ZmjA7GCzQ

anthonypants
May 6, 2007

by Nyc_Tattoo


Dinosaur Gum

this is that spinoff, csi cyber, right

exploded mummy
Sep 10, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick


Nap Ghost

anthonypants posted:

this is that spinoff, csi cyber, right

https://www.youtube.com/watch?v=hkDD03yeLnU

yes

if it involves electronics its cyber crime

Sentient Data
Aug 31, 2011

My molecule scrambler ray will disintegrate your armor with one blow!


You linden guys screwed up "A Friend's" childhood income

Back in the way early days "The Friend" made a slot machine disco ball kind of thing that was set up during any dance parties in exchange for a 5% cut to owners. It had an overall payout of about 90% depending on the configuration with a logarithmic pay scale that went up to 12x the initial bet. It earned enough linden to cash out to buy a real-world iPod and an in-game chunk of land to try to work on a networked version of it, but about a month later the hammer came down on in-game casino games.

Funny thing is that the ~1k of code was more secure and fair than it seems like any of the bitcoin exchanges/dice are, and even more transparent since it gave anyone a full list of the payout ranges/odds. poo poo, you don't need to scam anyone at all if you're running a skinner box and just taking the honest cut

Nagato
Apr 26, 2011

Why yes my username is the same as an autistic alien who looks like a 9 year old from an anime, why do ask?


Sentient Data posted:

Funny thing is that the ~1k of code was more secure and fair than it seems like any of the bitcoin exchanges/dice are, and even more transparent since it gave anyone a full list of the payout ranges/odds. poo poo, you don't need to scam anyone at all if you're running a skinner box and just taking the honest cut

this thread focuses on the shittiest uses of bitcoin, but there are hundreds of well-coded gambling sites out there

like satoshidice, whose original owner earned a lot of money skimming then sold to another company for even more

gambling is lovely but for other reasons as you said, and a lot of people do treat it as entertainment (like myself)

edit: oh the satoshidice guy is nuts and was fine $50k by the SEC http://en.wikipedia.org/wiki/Erik_Voorhees

...he still made a few million though

Nagato fucked around with this message at Mar 25, 2015 around 12:22

exploded mummy
Sep 10, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick


Nap Ghost

Sentient Data posted:

You linden guys screwed up "A Friend's" childhood income

Back in the way early days "The Friend" made a slot machine disco ball kind of thing that was set up during any dance parties in exchange for a 5% cut to owners. It had an overall payout of about 90% depending on the configuration with a logarithmic pay scale that went up to 12x the initial bet. It earned enough linden to cash out to buy a real-world iPod and an in-game chunk of land to try to work on a networked version of it, but about a month later the hammer came down on in-game casino games.

Funny thing is that the ~1k of code was more secure and fair than it seems like any of the bitcoin exchanges/dice are, and even more transparent since it gave anyone a full list of the payout ranges/odds. poo poo, you don't need to scam anyone at all if you're running a skinner box and just taking the honest cut

was your friend mark kaerples

prefect
Sep 11, 2001

No one, Woodhouse.
No one.






Dead Man’s Band

Sentient Data posted:

You linden guys screwed up "A Friend's" childhood income

Back in the way early days "The Friend" made a slot machine disco ball kind of thing that was set up during any dance parties in exchange for a 5% cut to owners. It had an overall payout of about 90% depending on the configuration with a logarithmic pay scale that went up to 12x the initial bet. It earned enough linden to cash out to buy a real-world iPod and an in-game chunk of land to try to work on a networked version of it, but about a month later the hammer came down on in-game casino games.

Funny thing is that the ~1k of code was more secure and fair than it seems like any of the bitcoin exchanges/dice are, and even more transparent since it gave anyone a full list of the payout ranges/odds. poo poo, you don't need to scam anyone at all if you're running a skinner box and just taking the honest cut

i think that's the same logic that the bitcoin ponzi scheme people use. "hey, you know exactly what's happening, you just have to be smart enough to get out before it all falls apart"

A Pinball Wizard
Mar 23, 2005

I know every trick, no freak's gonna beat my hands



College Slice

Nagato posted:

this thread focuses on the shittiest uses of bitcoin, but there are hundreds of well-coded gambling sites out there

like satoshidice, whose original owner earned a lot of money skimming then sold to another company for even more

gambling is lovely but for other reasons as you said, and a lot of people do treat it as entertainment (like myself)

edit: oh the satoshidice guy is nuts and was fine $50k by the SEC http://en.wikipedia.org/wiki/Erik_Voorhees

...he still made a few million though

He is also the creator and CEO of the instant bitcoin and altcoin exchange ShapeShift.io, having founded and operated it under the alias Beorn Gonthier, until revealing his true involvement with the company, as part of a seed funding announcement, in March 2015.


nothing shady abotu that!

fuctifino
Jun 11, 2001



Grimey Drawer

i used to sell land in SL back in the day (when it was profitable, and it used to be stupidly profitable), and it was at the time that the inworld banks were ordered to close. many people inworld didn't understand the concept that no matter how swanky the digital bank's building was, or how many 'staff' they had working for them.... at the end of the day, all of the L$ was owned by just a single profile, and as per LL's TOS, L$'s were regarded as little more than gaming tokens. that profile could do a vanishing act at any time and Linden Labs rightly refused to get involved in gaming token disputes...

i used to laugh at the people who deposited their money in these 'savings accounts'... and i laughed even harder when they ultimately went to their bank to find an empty abandoned plot..

fuctifino fucked around with this message at Mar 25, 2015 around 12:50

Herman Merman
Jul 6, 2008


Anyone else getting tired of this bullshit blatant downward price manipulation? (imgur.com)
submitted 22 hours ago by turdovski


[]7trXMk6Z 86 points 22 hours ago

Let me guess... When the price falls it's downward manipulation but when it rises it's normal growth?


[]turdovski[S] -10 points 20 hours ago

Nope, never said that.
The entire last year on average was regular bear market, people panicking, selling, dumping, etc.
This is just blatant. 2 hours apart, 3 huge dumps... that's not "organic" behaviour. It's someone dumping.
I have nothing against it, since it is the free market, I, like any other bitcoin fan just don't like to see the price going down, it makes me cry.
I don't get all the hostility. I just found this dump interesting.
If i posted a picture of a cloud and said "ew that cloud looks ugly". Would people reply with "OMFG, get off earth if you don't like clouds guy!!!" "When a cloud is pretty, it means earth is a great planet, and when it's ugly, does that mean earth is a bad planet?!!?!? WTF!!!"

MeLKoR
Dec 23, 2004

by FactsAreUseless


quote:

It is not impossible that possible price manipulation is an attempt to not make money but to undermine confidence in stability of BTC. (self.Bitcoin)
submitted 4 hours ago by jrm2007

There is no way Western Union does not care about Bitcoin. A low price does not prevent BTC from being used for remittances -- only a price that bounces around so much that a remittance handler risks losing money or has to spend a lot to hedge (which also causes them to lose money) really adversely affects a BTC competitor.
Low prices however make it relatively cheap to move the price.
So I would not be surprised if we have seen or will see price manipulation just to hurt a remittance handler. Of course, there are other businesses who see BTC as a threat and they might well be doing the same thing.
Also, the price movements could be happening without some entity deliberately doing this but does it feel that way to you?
I think in the long run, the low prices will cause BTC to gravitate to the hands of players who will not sell and this could cause a short squeeze. At the current level, there are several individuals who could own every BTC in existence; for this reason, I would be amazed if BTC dropped to anything much below, say 100. I would not like it, but if I am right and 100 is a solid floor, I don't mind buying now.

Dren
Jan 5, 2001



Pillbug

still pretty behind on this thread but

http://www.itworld.com/article/2901...utch-homes.html

quote:

A Dutch utility is inviting five families to use radiator-sized servers to heat their living rooms for free.

In a trial organized by local utility Eneco, Nerdalize will install its server radiators in five homes, using them to deliver cloud computing services to its clients.

The households using the heater could save 400 (about US$440) on their annual heating bill, said Eneco spokesman Marcel van Dun .

Nerdalize pays for the electricity, but doesnt have to deal with the space and cooling costs of conventional cloud and co-location data centers, allowing it to sell its services for 30 to 55 percent less than more conventional cloud-providers, it said.

Because the same energy is used for computation and heating, there are also environmental benefits, according to Eneco and Nerdalize.

Sweevo
Nov 8, 2007



and what happens for the 6 months of the year when you don't want the heating on 24/7?

sleepy gary
Jan 11, 2006



Sweevo posted:

and what happens for the 6 months of the year when you don't want the heating on 24/7?

it says it saves you money on your heating bill not your cooling bill

Crust First
May 1, 2013

Wrong lads.



i did not expect to see this posted anywhere ever again. my old second life avatar is in this video. shameful.

text editor
Jan 8, 2007



Nagato posted:

edit: oh the satoshidice guy is nuts and was fine $50k by the SEC http://en.wikipedia.org/wiki/Erik_Voorhees

...he still made a few million though


he got married recently and the official over the wedding had a copy of Atlas shrugged instead of a bible

i cant find the pic right now but it was posted in this thread

text editor
Jan 8, 2007



rough day for a launch



creatine
Jan 27, 2012




text editor posted:

rough day for a launch





loving lmao at doxxing people because of your own fuckup

jony ive aces
Jun 14, 2012

designer of the lomarf car




Buglord

Buttcoin purse posted:

I think she's the only one of their "models" that mentioned Bitcoin much
one of them has a google glass though

univbee
Jun 3, 2004




finally, a colo that's honest about the fact that children and pets are just running around the servers and loving things up

jony ive aces
Jun 14, 2012

designer of the lomarf car




Buglord

Mido posted:

because the Mozilla foundation said that overall donations actually decreased since its association sullied their brand??


ehhhh afaik that "donations decreasing" thing was actually just the ratio of dollars to pageviews decreasing. so it didn't necessarily have anything to do with actual donations dropping, it was just their donations page going viral as bitlord hell fuckers were all "hey check it out mozilla takes bitcoins now! gently caress you got mine tho lol"

computer toucher
Jan 8, 2012



jony ive aces posted:

ehhhh afaik that "donations decreasing" thing was actually just the ratio of dollars to pageviews decreasing. so it didn't necessarily have anything to do with actual donations dropping, it was just their donations page going viral as bitlord hell fuckers were all "hey check it out mozilla takes bitcoins now! gently caress you got mine tho lol"

you might be over-exaggerating how much people care about bitcoin.

Boxturret
Oct 3, 2013

"..fight the mighty bearwhale by throwing all their money at it

then much celebrating occurred after the bearwhle left after eating all their money

i still don't get it"

-Me on Sept 20th, 2015


wait western union? i thought bitcoin brutally destroyed them around christmas time with that satire ad

unpacked robinhood
Feb 18, 2013

drak cornfields of the earht, my dearest moths


im the emergency maintenance at 3AM

Tiny Bug Child
Sep 11, 2004

Avoid Symmetry, Allow Complexity, Introduce Terror


actual irl lawyer points out that since bitcoins aren't considered money, if you have bitcoins that were stolen from someone in the past they can be seized even if you thought you acquired them legally

quote:

As far as contract law is concerned, even if Satoshi Dice received the bitcoin in good faith from Sopranos debtor, Soprano himself (despite his unorthodox shake-down tactics) retains a right to seize his property back. And if they passed it on, he can pursue the next party. And so on. Especially since the bitcoin network makes it so easy to follow the trail due to the public nature of the ledger. Eventually, if the coin ends up with a high-value investor or institutional account whose identity is known to the system a formal claim can be made by means of the judicial system.

His conclusion: under the United States UCC code (uniform commercial code) as long as bitcoins are treated as general intangibles, no high value investor can be sure that an angry Tony Soprano wont show up one day to claim that the bitcoins they thought they received in a completely unencumbered manner are actually his. In fact, its only if and when Tony Soprano publicly renounces his claim to the underlying bitcoin collateral he is owed that the bitcoins stand a chance of being treated as unencumbered. Until then, a hot potato claim risk exists for every future acquirer of Sopranos bitcoin.

Indeed, given the high volume of fraud and default in the bitcoin network, chances are most bitcoins have competing claims over them by now. Put another way, there are probably more people with legitimate claims over bitcoins than there are bitcoins. And if they can prove the trail, they can make a legal case for reclamation.

the article is here but it's behind a dumb registration wall unless you have a google referer so search "bitcoin's lien problem" if you actually want to read it

JamesieAB
Nov 5, 2005


A not too interesting article, HM TREASUY ON DIGITAL CURRENCIES

quote:

Another advantage that was mentioned is the 24/7 availability of the blockchain. Compare that to banks and you truly see how anachronistic the current financial system is.

Contains an old friend.



Very misleading!

I'm sure I've seen this before, I don't know about you but I can use online banking anytime.The only time I go to a bank is to pay in cheques/cash or take out cash from the machine outside, try that with localbitcoin if you want a free stabbing.

pylb
Sep 22, 2010

"The superfluous, a very necessary thing"


also actual physical banks are opened on saturdays (and sometimes sundays) in the socialist hell hole where i live

anthonypants
May 6, 2007

by Nyc_Tattoo


Dinosaur Gum

pylb posted:

also actual physical banks are opened on saturdays (and sometimes sundays) in the socialist hell hole where i live
also in the US

Sweevo
Nov 8, 2007



JamesieAB posted:

A not too interesting article, HM TREASUY ON DIGITAL CURRENCIES


Contains an old friend.



Very misleading!

I'm sure I've seen this before, I don't know about you but I can use online banking anytime.The only time I go to a bank is to pay in cheques/cash or take out cash from the machine outside, try that with localbitcoin if you want a free stabbing.

"online banking is only available during bank opening hours" is another of the many lies bitcoiners have convinced themselves is true

sleepy gary
Jan 11, 2006



anthonypants posted:

also in the US

he already said socialist hell hole

Dr. Honked
Jan 9, 2011

toilet duck

pylb posted:

also actual physical banks are opened on saturdays (and sometimes sundays) in the socialist hell hole where i live

wow how much did they pay you to shill that fud

Gum
Mar 9, 2008

oho, a rapist
time to try this puppy out


Genuinely cant tell what is bitcoiner bullshit and what is a justified criticism of the American retail banking system. Sort your poo poo out America.

Penguissimo
Apr 7, 2007



College Slice

Gum posted:

Genuinely cant tell what is bitcoiner bullshit and what is a justified criticism of the American retail banking system. Sort your poo poo out America.

these arent necessarily mutually exclusive

Sniep
Mar 28, 2004

All I needed was that fatty blunt...



King of Breakfast


Fun Shoe


so just go during work hours? take a extended lunch or whatever.

Terrible Opinions
Oct 17, 2013



Bank times can be inconvenient for people with jobs. I have no idea though why bitcoiners would have a problem with them.

Boxturret
Oct 3, 2013

"..fight the mighty bearwhale by throwing all their money at it

then much celebrating occurred after the bearwhle left after eating all their money

i still don't get it"

-Me on Sept 20th, 2015

a classic

FMguru
Sep 10, 2003

peed on;
sexually

bitcoiners are concerned about bank hours because they are always needing to talk to the bank manager in person about why their account got frozen or what that series of $9990 money transfers was all about - things you cant do from an atm, website, mobile app, or 24/7 help line

JamesieAB
Nov 5, 2005


I just realised it's worse than that, I live in a village and the only bank opens from 10 to 4 on Monday, thursday and friday. They're right!

Ok, they're still wrong.

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theflyingorc
Jun 28, 2008

THE REPUBLICAN DEFENDER HAS LOGGED ON


Young Orc

Gum posted:

Genuinely cant tell what is bitcoiner bullshit and what is a justified criticism of the American retail banking system. Sort your poo poo out America.

you rarely have to go to a physical bank

the only really bad thing with American banks is that it takes a weirdly long amount of time to just straight transfer money, just use a credit card that you pay off for stuff and most things are fine

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