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max4me
Jun 15, 2003

by FactsAreUseless


so what is the state of those alt coins?

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WhyteRyce
Dec 30, 2001



What has that Mark Antonopopuloupous guy been up too? Is he still just a walking ? I loved how he was billed as the Bitcoin Big Thoughts guy yet all the deep and insightful stuff I've ever heard him saw was just really mundane observations said really slowly and with lots of pauses

Seizure Meat
Jul 23, 2008

by Smythe


revmoo posted:

lol you guys remember when the Dogecoin redditors sponsored a nascar driver? That was hilarious



lol they have an All-Star race and there's a fan vote to put in another driver who didn't otherwise qualify

redditors got Josh Wise in over Danica Patrick, one guy voted 80,000 times or some poo poo

watch idiots explain butts

let it mellow
Jun 1, 2000



Dinosaur Gum

lol at the guy who said $18k was his life savings and retirement and his girlfriend that took that in exchange for a $6k loan and the goon that calls them partners

lol

EngineerSean
Feb 9, 2004

by zen death robot


Serrath posted:

Any lawyer that doesn't laugh in her face with this story is probably scamming her themselves. I posted the story because it was funny; she's lost the 6k and I think she knows she lost the 6k. Dunno what she plans to do with the bitcoins that are apparently in her name but who even knows if they're in her name; I mentioned a few points raised in this thread to her about ownership and she started to pale and then start googling things on her phone.

She'll be fine, $6k is an expensive lesson but this sort of life lesson is priceless.


Yeah, I think the odds of him making it to second year are approximately 0 so I think this is a non-issue.

I love a happy ending.

let it mellow
Jun 1, 2000



Dinosaur Gum

I think serrath wants to get in Doctor lady's pants but got frozen out by a bitcoin guy

Kung Food
Dec 11, 2006

PORN WIZARD

Serak posted:

The one definable social good provided by bitcoin

Dogecoin was also used to fund the Jamaican bobsled team

Alan Smithee
Jan 3, 2005


jackyl posted:

lol at the guy who said $18k was his life savings and retirement and his girlfriend that took that in exchange for a $6k loan and the goon that calls them partners

lol

i hope she takes his red pill rear end to the cleaners

let it mellow
Jun 1, 2000



Dinosaur Gum

Alan Smithee posted:

i hope she takes his red pill rear end to the cleaners

I'm p sure there is nothing to clean out on either side except maybe browser history

happyhippy
Feb 21, 2005

Playing games, watching movies, owning goons. 'sup


Pillbug

bollig posted:

God I remember #3. "I will only, only, only do this in Pattaya." "Dude why?"

8) I think there was this person going around tipping people's posts on Reddit and the amount he was tipping, on the surface, was an amount that you could withdraw. But with automatic fees and stuff was too little.

9) Some cafe or coffee place found out that someone replaced their QR Code to donate butts posters in their shop to his own. So for ages all donations/tips were going to some random dude.

10) Bitcoin ATMs mostly relied on them scamming free electricity and internet from the coffee shop/bars installed.

Syd Midnight
Sep 23, 2005



Grimey Drawer

Parallax Scroll posted:

yeah iirc the "assassin" sent him a random pic of a dead body and was like "yep i killed him" and the silk road guy was like "cool here's 60 grand in bitcoins"

Wasn't the second assassin that Dread Pirate Roberts hired actually the same guy that he had hired the first assassin to kill? Like first time around the cops convinced the prospective victim to turn informant and fake his death, then the victim made a new identity and went back to hanging out in the same online drugs community so he could gather evidence, and when DPR announced that he needed yet another guy killed his previous target applied for the job and got hired.

Also IIRC one of DPRs "hitmen" proved he'd finished the job by sending DPR a picture of the crime scene that the victim himself had staged. He took a selfie pretending to be dead using ketchup as fake blood.

Syd Midnight fucked around with this message at Jan 19, 2016 around 23:51

Facebook Aunt
Oct 4, 2008



Ham Wrangler

Serrath posted:

Any lawyer that doesn't laugh in her face with this story is probably scamming her themselves. I posted the story because it was funny; she's lost the 6k and I think she knows she lost the 6k. Dunno what she plans to do with the bitcoins that are apparently in her name but who even knows if they're in her name; I mentioned a few points raised in this thread to her about ownership and she started to pale and then start googling things on her phone.

She'll be fine, $6k is an expensive lesson but this sort of life lesson is priceless.

If she's not hurting for actual cash it gets easier. Last I heard Overstock was still accepting bitcoin, because their CEO is insane. http://www.overstock.com/ It shouldn't be too hard to spend 6k on linens, small appliances, home decor, and other yuppie crap. Stock up and be set for all the baby showers and wedding gifts she'll for the next 5 years.

He certainly kept a copy of the private key, so step one is still making herself a wallet only she can control.



Oh, and be careful of randomly googling what stores accept bitcoin. Amazon is on some lists, but of course Amazon does not accept bitcoin at all. There is a middleman company that will sell you gift cards for Amazon and a bunch of other stores for bitcoins. To bitcoiners this means "Amazon accepts Bitcoin!" rather than "Amazon accepts Amazon gift cards!"

gnarlyhotep
Sep 30, 2008

by Lowtax


Oven Wrangler

I overheard a guy at work explaining bitcoins to another guy as I passed by and all I needed to hear was "it's better because it has no central authority". I will be avoiding that bitcoin guy now.

Novo
May 13, 2003

Stercorem pro cerebro habes

Fun Shoe

to be fair plenty of protocols are cooler for being decentralized. bitcoin sucks though.

gnarlyhotep
Sep 30, 2008

by Lowtax


Oven Wrangler

Novo posted:

to be fair plenty of protocols are cooler for being decentralized. bitcoin sucks though.

protocols maybe, but I like my dollars to have some semblance of stability

EorayMel
May 29, 2015

You got the fluffy kitty kitty!

Pictured: very simple method of exchange.


Note the pants-less pervert central to the bitcoin transaction process

Comfy Fleece Sweater
Apr 2, 2013

FOUNDER AND PRESIDENT OF THE KUATO FAN CLUB 4/2/13-PRESENT

KUATO IS MY HERO! AMA!


EorayMel posted:

Pictured: very simple method of exchange.


Note the pants-less pervert central to the bitcoin transaction process

Hmmm yes this seems like a great idea

I specially like the Nonces

Luxury Communism
Aug 22, 2015

by Lowtax


Don Tacorleone posted:

Hmmm yes this seems like a great idea

I specially like the Nonces

ur a nonce lmbo

Shinjobi
Jul 10, 2008



Gravy Boat 2k

A long, long time ago I wanted to buy/mine/eat just one bitcoin. On the one hand, I kinda regret it because hey it would have been neat. On the other hand, the world I would be entering with that single bit coin would have opened a that would have completely ruined me/driven me insane. So......not so neat.


Kinda glad it's falling apart.

Ayn Randi
Mar 12, 2009



Angela Christine posted:

If she's not hurting for actual cash it gets easier. Last I heard Overstock was still accepting bitcoin, because their CEO is insane. http://www.overstock.com/ It shouldn't be too hard to spend 6k on linens, small appliances, home decor, and other yuppie crap. Stock up and be set for all the baby showers and wedding gifts she'll for the next 5 years.

He certainly kept a copy of the private key, so step one is still making herself a wallet only she can control.



Oh, and be careful of randomly googling what stores accept bitcoin. Amazon is on some lists, but of course Amazon does not accept bitcoin at all. There is a middleman company that will sell you gift cards for Amazon and a bunch of other stores for bitcoins. To bitcoiners this means "Amazon accepts Bitcoin!" rather than "Amazon accepts Amazon gift cards!"

also these bitcoin intermediary services are routinely used to launder money from stolen credit cards. you send your bitcoins to some random guy who buys poo poo off amazon/ wherever for you with a stolen card, then the police come knocking on your door because you just ordered goods purchased with a stolen card to your home address now you're both a criminal and out a bunch of butts

gnarlyhotep
Sep 30, 2008

by Lowtax


Oven Wrangler

Ayn Randi posted:

also these bitcoin intermediary services are routinely used to launder money from stolen credit cards. you send your bitcoins to some random guy who buys poo poo off amazon/ wherever for you with a stolen card, then the police come knocking on your door because you just ordered goods purchased with a stolen card to your home address now you're both a criminal and out a bunch of butts

A fool and his butts are soon farted

Captain Cool
Oct 23, 2004

This is a song about messin' with people who've been messin' with you

Syd Midnight posted:

Wasn't the second assassin that Dread Pirate Roberts hired actually the same guy that he had hired the first assassin to kill? Like first time around the cops convinced the prospective victim to turn informant and fake his death, then the victim made a new identity and went back to hanging out in the same online drugs community so he could gather evidence, and when DPR announced that he needed yet another guy killed his previous target applied for the job and got hired.

Also IIRC one of DPRs "hitmen" proved he'd finished the job by sending DPR a picture of the crime scene that the victim himself had staged. He took a selfie pretending to be dead using ketchup as fake blood.
dpr got scammed and extorted for hundreds of thousands of dollars by a couple of unknown people who also scammed silk road users

http://antilop.cc/sr/ search for friendlychemist and redandwhite for the hitman scams, and tony76 and lucy for the vendor scams

that was alleged victims #1 and #3-6. #2 was contracted to CARL MARK FORCE IV, an undercover fbi agent, who used his position as silk road moderator to steal bitcoins from silk road vendors. he blamed it on another silk road moderator and then fake killed him for dpr.

TontoCorazon
Aug 18, 2007


Shouldn't the thread be titled "bitcoin is hilariously broken everyday"

gnarlyhotep
Sep 30, 2008

by Lowtax


Oven Wrangler

TontoCorazon posted:

Shouldn't the thread be titled "bitcoin is hilariously broken everyday"

well yes, but it was a big thing about 5 or 6 years ago, how it was going to revolutionize currency and the world itself

So the thread title is a reminder of the hubris

Ivor Biggun
Apr 30, 2003

A big "Fuck You!" from the Keyhole nebula



Lipstick Apathy

gnarlyhotep posted:

well yes, but it was a big thing about 5 or 6 years ago, how it was going to revolutionize currency and the world itself

So the thread title is a reminder of the hubris

At least in 2009/2010 the underlying network was working, it was just bitcoiners themselves that we were laughing at. Now their broken brains have broken the actual network they have invested in and the whole house of cards is in danger of tumbling down.

Good work bitcoiners, make Ayn Rand proud.

Novo
May 13, 2003

Stercorem pro cerebro habes

Fun Shoe

in the alternate universe where the bitcoin became mainstream buttcoiners would still call it a failure because of the regulatory compliance that would entail

Wicker Man
Sep 5, 2007

Just like Columbus...

Clapping Larry

Let the power of the free market usher us all into paradise where a few greedy assholes get into a good position to rig the game.

Buttcoin purse
Apr 24, 2014

THIS DUDE HERE IS A REAL CLOWN


Great moments in bitcoin #11) The time that bitcoin phone app that generated you a private address actually gave everyone the same address because it was asking for a random number from some random number website which had changed to only allow https access, so if you accessed it over http you got like a 404 error, and the app went "ok cool the random number is 404" and turned it into the same address for everyone. People were posting "help, the butts disappeared from my wallet" for a while before someone worked it out.

Professor Shark posted:

So she isn't able to cash them out herself and she's going to be waiting at least 4 years before he starts making payments on his most likely interest free loan of $6k... that guy totally scammed her, Bitcoin style

You know, I'm starting to think that if a doctor could be outsmarted by a bitcoiner, maybe I wouldn't want that doctor to treat me.

Hadaka Apron posted:

Anyone remember Logansryche?

yes..


lol instead of cash can I donate used resistors and capacitors? I seem to remember he used to think he could make some cash off them.

gnarlyhotep posted:

A fool and his butts are soon farted

communism bitch
Apr 24, 2009

POUNDED IN THE BUTT BY A STRONG AND STABLE BREXIT


Bitchcoin

Serrath
Mar 17, 2005

I have nothing of value to contribute


Buttcoin purse posted:


You know, I'm starting to think that if a doctor could be outsmarted by a bitcoiner, maybe I wouldn't want that doctor to treat me.

Don't ever trust anyone in any healthcare profession if you don't want to see someone who will continuously and egregiously overestimate their proficiency in every domain outside of their own job (ironically, most will simultaneously carry a crippling insecurity about their knowledge of their own specialty).

E:

quote:

dpr got scammed and extorted for hundreds of thousands of dollars by a couple of unknown people who also scammed silk road users

When you say hundreds of thousands of dollars, you mean hundreds and thousands of imaginary numbers that a handful of people have agreed might be worth hundreds of thousands of dollars, correct?

Serrath fucked around with this message at Jan 20, 2016 around 09:41

Xelkelvos
Dec 19, 2012


i like how

happyhippy
Feb 21, 2005

Playing games, watching movies, owning goons. 'sup


Pillbug

12. Our future Captain's of Industry misplacing a decimal point for the fee, and have just gave 9/10 of what they have to another person.

13. The two who went to Japan to protest outside MTGOX's empty office saying they will not leave until they get their money back.

Professor Shark
May 22, 2012



Pillbug

happyhippy posted:

12. Our future Captain's of Industry misplacing a decimal point for the fee, and have just gave 9/10 of what they have to another person.

These were awesome when I was following the old GBS BC thread, it was like an everyday thing too so it felt like a regular "Dummy of the Day" thing and it was fun to read these smug idiots humbled by their own idiocy

Darkhold
Feb 19, 2011

No Heart
No Soul
No Service

Captain Cool posted:

dpr got scammed and extorted for hundreds of thousands of dollars by a couple of unknown people who also scammed silk road users

http://antilop.cc/sr/ search for friendlychemist and redandwhite for the hitman scams, and tony76 and lucy for the vendor scams

that was alleged victims #1 and #3-6. #2 was contracted to CARL MARK FORCE IV, an undercover fbi agent, who used his position as silk road moderator to steal bitcoins from silk road vendors. he blamed it on another silk road moderator and then fake killed him for dpr.
I also enjoy DPR defenders.

Guys guys he's not a black man THUG he's just a businessman that did nothing wrong. You don't prosecute the owner of Ebay if someone sells stuff on his site do you?

There was even someone talking about how gosh darn it he just got caught up in roleplaying a drug dealer. He didn't mean any real harm when he was ordering people murdered while asking for photo proof.

Who will defend the rights of a rich drug dealers if we don't? They could come for you next if you're not careful.

Neeksy
Mar 29, 2007

Hej min vän, hur står det till?

The only successful bitcoin user I've known was a guy who used them like a daytrader, buying them during crashes and was able to quickly translate them back into actual cash because of a bitcoin atm somewhere in Vancouver that didn't have a limit on how much you could cash out. Dude doubled his money and cashed it all out a few days before this article came out. This is literally the only person I've known to not have anything btc related be a hilarious disaster, and he used it in exactly the way true believers hate.

Renfield
Feb 29, 2008


Neeksy posted:

This is literally the only person I've known to not have anything btc related be a hilarious disaster, and he used it in exactly the way true believers hate.

Wafflehound sold semi-precious stones for a while, and by being honest I think he made a modest profit

Gobbeldygook
May 13, 2009

Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!


Renfield posted:

Wafflehound sold semi-precious stones for a while, and by being honest I think he made a modest profit
You can't tell the tale of Wafflehound's legit gems-for-bitcoins business without mentioning that he's a Freemason.

There was at least one goon who enough money GPU mining to buy a new video card, so he did that and was satisfied with his investment.

Keg
Sep 22, 2014


Wafflehound is a cool geologist, and I'm glad he sold rocks for profit.

Stinky_Pete
Aug 15, 2015

:bernget:
Forever past
:bernget:
We live

Lipstick Apathy

Serak posted:

The one definable social good provided by bitcoin

And it wasn't even Bitcoin-related!

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Captain Cool
Oct 23, 2004

This is a song about messin' with people who've been messin' with you

Serrath posted:

When you say hundreds of thousands of dollars, you mean hundreds and thousands of imaginary numbers that a handful of people have agreed might be worth hundreds of thousands of dollars, correct?
looks like dpr paid the fbi through Techocash, one of those digital gold systems that got shut down. the rest were in bitcoin.

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