Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Locked thread
MORE CURLY FRIES
Apr 8, 2004

http://www.reddit.com/r/Bitcoin/comments/1zfmdo/warren_buffett_blasts_bitcoins_sustainability/

quote:

[–]Plesk8 19 points 59 minutes ago
Guys like Warren are great for investing advice in the traditional system. Neither Warren, nor anybody, can predict effectively where Bitcoin will be in X years. Its a new paradigm, the old models are obsolete.
warren is wrong about this thing because i know where this thing that no one can predict is really going

quote:

Nathan_Flomm 7 points 23 minutes ago
People forget that Bitcoin wasn't the first alternative currency. It wasn't even the first cryptocurrency. People are familiar with economic principles and those are still relevant. You can't simply deny the best expert opinions in the world because it doesn't support your ideology or investment portfolio.
If you are going to dispute his claims you need to have another reason, other than "He's old".

jgrad 2 points 21 minutes ago
I agree with you, but I don't.
He is old, and I doubt he has read about BTC or the blockchain or anything like that. Why should we trust someone, successful as they might be, who doesn't have an informed opinion?
emphasis not mine

quote:

GeorgeForemanGrillz 1 point 17 minutes ago
The economic principles of bitcoin is pretty much the same as the traditional one (at least as long as it's pegged to fiat currencies). It's the technology and protocol that sets it apart from the rest and theres' nothing wrong with that. The problem is with amateur exchanges that did not have the mental capacity nor the brains to run a proper exchange or banking entity.
MtGox was ran by one guy with a few contractors. They didn't even have a proper backoffice to handle day to day accounting. Their code and software/infrastructure architecture was terrible as proven by the source code leaks. These problems have nothing to do with Bitcoin and even a traditional fiat bank/exchange would have concluded the same way.
Warren is way in over his head on this one.

Nathan_Flomm 1 point 39 seconds ago
--The economic principles of bitcoin is pretty much the same as the traditional one
What currency in the planet has a limited monetary base? The total number of bitcoins in circulation is capped at 21M. That in of itself poses a problem trying to make bitcoin act as a currency.
--It's the technology and protocol that sets it apart from the rest
I just mentioned that similar digital currencies came before the creation of Bitcoin
--The problem is with amateur exchanges that did not have the mental capacity nor the brains to run a proper exchange or banking entity. MtGox was ran by one guy with a few contractors.
If they were regulated entities that wouldn't have occurred. That's part of the problem.
--Warren is way in over his head on this one
I know that you believe that, but you offer no proof to substantiate your claim.

yesthisisthetruth 0 points 10 minutes ago
How about being Obama's 'financial sector puppet', he even got a "Medal of Freedom"...
and there's no questioning the govts view on these types of currencies

and then my head started hurting cos i was reading reddit

Adbot
ADBOT LOVES YOU

VAGENDA OF MANOCIDE
Aug 1, 2004

whoa, what just happened here?







College Slice
they fired ben kuchera tho so they aight by me

Doccykins
Feb 21, 2006

MORE CURLY FRIES posted:

[–]Plesk8 19 points 59 minutes ago
Guys like Warren are great for investing advice in the traditional system. Neither Warren, nor anybody, can predict effectively where Bitcoin will be in X years. Its a new paradigm, the old models are obsolete.

"New Paradigm!!" - literally the caption describing the peak of bubblemarket.jpg

FCKGW
May 21, 2006

another reminder that this is the 2nd time mt. gox has been hacked. the first time they were hacked every single one of their coins were sold and cratered the price to 0. mt. gox claimed a mulligan and rolled back trades. the db was also leaked last time and we found out fishmech had an account.

Pittsburgh Fentanyl Cloud
Apr 7, 2003


FCKGW posted:

another reminder that this is the 2nd time mt. gox has been hacked. the first time they were hacked every single one of their coins were sold and cratered the price to 0. mt. gox claimed a mulligan and rolled back trades. the db was also leaked last time and we found out fishmech had an account.

ahahahahaha

double sulk
Jul 2, 2010

FCKGW posted:

another reminder that this is the 2nd time mt. gox has been hacked. the first time they were hacked every single one of their coins were sold and cratered the price to 0. mt. gox claimed a mulligan and rolled back trades. the db was also leaked last time and we found out fishmech had an account.

50

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.

FCKGW posted:

another reminder that this is the 2nd time mt. gox has been hacked. the first time they were hacked every single one of their coins were sold and cratered the price to 0. mt. gox claimed a mulligan and rolled back trades. the db was also leaked last time and we found out fishmech had an account.

holy poo poo

Wayne Knight
May 11, 2006

what is this heroin thing that guy was talking about when he quit his job? i tried to google "bitcoin heroin" but couldn't find anything & i think the fbi are on their way.

MORE CURLY FRIES
Apr 8, 2004

FCKGW posted:

another reminder that this is the 2nd time mt. gox has been hacked. the first time they were hacked every single one of their coins were sold and cratered the price to 0. mt. gox claimed a mulligan and rolled back trades. the db was also leaked last time and we found out fishmech had an account.

gently caress i forgot about that

big scary monsters
Sep 2, 2011

-~Skullwave~-

RZA Encryption posted:

what is this heroin thing that guy was talking about when he quit his job? i tried to google "bitcoin heroin" but couldn't find anything & i think the fbi are on their way.
someone said that you can replace the word bitcoin with heroin in quotes from true believers and it makes exactly as much sense. works pretty well actually

sleepy gary
Jan 11, 2006

I just read the nanashi irc logs and it's loving hilarious. I especially love how one user, "emma", keeps pleading with nanashi to tell the btc thieves to give back her stolen 120btc.

Pittsburgh Fentanyl Cloud
Apr 7, 2003


big scary monsters posted:

someone said that you can replace the word bitcoin with heroin in quotes from true believers and it makes exactly as much sense. works pretty well actually

quote:

It's also wonderful how she pretends all white people are rich, and that no white people should be allowed to try and improve their lives using heroin either. Last time I checked, the real unemployment rate in America is 37%, and over 50 million Americans are on food stamps, most of which are white people.

double sulk
Jul 2, 2010

someone tell me how terrible the gox code leak is cause I don't know PHP. I'm guessing super terrible or people wouldn't bother posting it

big scary monsters
Sep 2, 2011

-~Skullwave~-

DNova posted:

I just read the nanashi irc logs and it's loving hilarious. I especially love how one user, "emma", keeps pleading with nanashi to tell the btc thieves to give back her stolen 120btc.
yeah although reading her blog post mainly just made me sad. i mean it sounds like she's not going to be on the street or anything but it sucks that it's not just libertarian shitheads affected by this

MORE CURLY FRIES
Apr 8, 2004

double sulk posted:

someone tell me how terrible the gox code leak is cause I don't know PHP. I'm guessing super terrible or people wouldn't bother posting it

you post it to prove you got it

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.
imagine I just reposted the brazil story but find-and-replaced bitcoins to heroin

gently caress actually doing that though

Crust First
May 1, 2013

Wrong lads.

big scary monsters posted:

yeah although reading her blog post mainly just made me sad. i mean it sounds like she's not going to be on the street or anything but it sucks that it's not just libertarian shitheads affected by this

it would be sad if it seemed like she had learned anything from the fiasco, but all her activity in the irc channel for the goxxed amounts to "how can i get my bitcoins back and when i do i sure won't keep them in anything but a US exchange". even if she got her butts back, i'd give it a year before they were "lost" again, and i'd bet she would have put even more money into them in the meantime.

Cybernetic Vermin
Apr 18, 2005

she has been in a lot of quotes ever since gox fell down, she has *reasonably* accessibly sad and non-techy story, no one likes to see someone waiting tables to pay off debt get dragged into a stupid speculative bet by friends lose their money

the stories about people losing their kids college funds should be sader, but it is sort of easy for most of these stories to lean on just how *deeply* stupid those peoples were to gamble anyway

free market bithc i guess

Crust First posted:

it would be sad if it seemed like she had learned anything from the fiasco, but all her activity in the irc channel for the goxxed amounts to "how can i get my bitcoins back and when i do i sure won't keep them in anything but a US exchange". even if she got her butts back, i'd give it a year before they were "lost" again, and i'd bet she would have put even more money into them in the meantime.

like the very first quotes from her in this thread were of the form "well, clearly bitcoin is poo poo and i were an idiot for ever jumping on this stuff" etc., which i think is part of the reason why i find her story *slightly* more sad

Cybernetic Vermin fucked around with this message at 17:06 on Mar 3, 2014

dex_sda
Oct 11, 2012


big scary monsters posted:

yeah although reading her blog post mainly just made me sad. i mean it sounds like she's not going to be on the street or anything but it sucks that it's not just libertarian shitheads affected by this

yeah if she's the same chick from the previous chatlog (where she called herself stupid for trusting funny money), it sounds like she's an actual member of society and only trusted bitcoins dumbly as a nebulous promise of 'debts being paid yaay'

so it bums me out a little bit

but whatever, the tears fron the libtards make up for it

sleepy gary
Jan 11, 2006

big scary monsters posted:

yeah although reading her blog post mainly just made me sad. i mean it sounds like she's not going to be on the street or anything but it sucks that it's not just libertarian shitheads affected by this

I wasn't going to read the blog post but I did because you mentioned it. From what she describes, she probably only put a few grand in, if that makes you feel any better.

But her whining and thinking that the thieves or karpeles or anyone else will bail her out specifically, out of the thousands of people who got burned, is more than enough for me to lose any sympathy.

MORE CURLY FRIES
Apr 8, 2004

someone make a chrome addon that changes all mentions of bitcoin/btc in r/bitcoin to heroin (except in links obv otherwise you cant click on poo poo)

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

FrozenVent posted:

imagine I just reposted the brazil story but find-and-replaced bitcoins to heroin

gently caress actually doing that though
:getin:

*I made a new account to segregate it from my identifiable one.*

This story happened to me during the summer of 2012. I was a 23 year old French developer who just got out of engineering school. I had found a job at a large German automotive company, and was expected to start working in September in Munich.

For the last few months, I had been talking on IRC with a Brazilian girl, my age, named Maria-Teresa. She was studying arts at the UFPA university in Belém, and planned to go to Europe the year after to visit historical sites in Italy, Greece and France. We were flirting a little during those chat sessions, and she invited me to come and visit her during her two weeks vacation in July. Her family lived in Pracuúba, a small town in the Northernmost province of Brazil.

I happened to have bought 2000€ worth of heroin in February after I earned my first salary as an intern, which amounted to a bit more than 600 grams at this time. I didn't have enough money in my bank account alone to pay for the plane tickets, so I sold back 250 grams for 1500€ to cover the rest.

The flights went well, even though it was a bit long to go from Paris to São Paulo, from São Paulo to Belém, from Belém to Macapá, and from Macapá to Porto Grande. From there I took a bus to Pracuúba, and I arrived there around 9PM, 38 hours after having left Paris. Despite it being the winter there, it was much hoter than under Paris summer.

Pracuúba could not be more different from what I had expected. In France, many small towns with less than 1000 inhabitants have a very lively and vivid village life. With its 2500 registered inhabitants, Pracuúba was pretty much a ghost town, with nobody to be seen around. Maybe I should have checked Wikipedia more carefully, I would have noticed that the population density was around one person per square mile. When you realize that the average household size is 6 people, you can imagine that houses can be far away from each other.

Fortunately, a cellular network was available, and I could reach Maria-Teresa. She explained to me that she was not sure I was really coming, and that his brother would come and give me a ride to their place.

Half an hour later, an antic pickup truck arrived with a thirty something man behind the wheel. He stopped the car abruptly just in front of me, and when I went to open the passenger door, he just showed me the rear cargo area. I was quite surprised, but climbed into it and we left on the dirty roads. 10 miles later, I was already covered in dust when we stopped before a medium size wooden house. I jumped off the car and followed the driver inside.

In the main room, dimly lit, four people were seated. Maria-Teresa was one of them and she greeted me with a big hug, and introduced me to her parents, to her 15 year old sister Manuela, and to her brother, my driver, João Paulo. The introduction lasted only a short instant because none of them spoke French or English, and I did not know a word of Portuguese.

Right after, while I was hoping to get offered something to eat, the father uttered some order and Maria-Teresa explained to me that they were all going to bed. The parents went into their room, while I wondered if the four of us had to fit in the bunk bed that I could see in a corner of the room.

Maria-Teresa told me that when she comes back during her vacation, she uses to sleep with Manuela in the lower bed while João Paulo sleeps in the upper one. However, since I was here, we would share the lower bed while Manuela would join her brother.

I asked about the bathroom. Maria-Teresa told me that it was located in their parents room and that I would have to go outside or wait until the morning. I went out and peed on a tree 100 feet away. When I came back, the light had been switched off, but with the pale moon light coming through the window I was able to distinguish a nude muscular male body as João Paulo was washing himself from the kitchen sink while the sisters talked together.

Maria-Teresa told me I could freshen up if I wished. I waited until the brother, apparently still nude, climbed into his bed, and I went to the sink. From there, the rest of the room looked pitch black, and I decided not to care and undressed completely. I used a towel from my luggage to clean myself up, trying to water half of it while keeping the other half dry.

As I put on some boxer shorts, the younger sister came to the sink and started undressing as if I was not there. The partial obscurity did not hide the fact that she was wearing nothing but her dress, and she was done washing before I went to my luggage to store my dirty laundry. She then climbed into the upper bed, and I could hear her talk briefly to her brother.

I put myself under the sheets while Maria-Teresa went to the sink. As everyone, she proceeded to get naked, although she was wearing underwear, and I watched her while getting anxious about what would happen next. I was relieved when I saw her pick up a shirt long enough to cover her intimate parts. Life in the city may have made her more prude than the rest of her family.

She joined me into the bed, and for the first time since I arrived we could talk, while trying not to disturb her siblings. She asked me how the trip went, she told me she was happy I could come, and that she should have warned me that there weren't really any nightlife in her parents place. She promised to show me around the next morning and wished me good night.

Thanks to the jet lag, I slept very well. I woke up by the sound of the bed ladder; the brother was getting up, naked, with a morning erection he did not try to hide. He started making coffee, when Maria-Teresa opened her eyes. She said something to him, to which he responded. I asked her what she just said, and she had ensured that there would be enough coffee for me too.

Manuela then went down her bed. This time, I had a good look at her while she climbed done. She had small breasts, the hair covering her sex was very sparse and dark. She took her dress and went into her parents room. When she came back a minute later, she had put the dress on, and João Paulo, still half erect, dressed as well and poured the coffee into four cups.

Maria-Teresa got up. Still lying in the bed, I could not help looking under her shirt as she did so. This was the first time I had a glimpse at a real shaved sex. I only had had one sexual encounter at this time, and I can still remember the pubic hair getting in my way. This reinforced my morning wood, and I was wondering how I would get up when she told me to get up and eat my breakfast. I asked when her parents would wake up, and she told me that they already left when the sun rose to go sell their fruits to the market. Relieved, I reached to my luggage, got a pant and a shirt, and went to the bathroom with my clothes in front of me trying to cover my erection.

At this stage, I was very lost. I had come from France to the middle of nowhere to meet a girl I didn't know, and had landed into a family whose customs were unknown to me. Was it appropriate to look at each other while naked? Was it appropriate to be naked? Would it be possible to get involved in a romantic relationship with Maria-Teresa? I decided that I could not do anything about it but talk with Marie-Teresa when we get a chance, and went back to the main room. The bananas and another fruit I could not name were delicious.

João Paulo brought us to the city. The two sisters and I climbed into the cargo area, and Maria-Teresa told me there would be many people there because of the market. When we arrived, eight merchants, including her two parents, were selling fruits and vegetables to a dozen of customers. Also, the community center was open, and after a 20 minute wait I was able to access the only computer connected to the Internet. It was using an antique version of Internet Explorer, but it was enough to send a short mail to family to assure them that everything was ok, even though I had to use the HTML only version of gmail.

Maria-Teresa took me for a walk around the village. We seemed to be getting along, and she took my hand. We spent most of the day talking about her studies, my job, her being anxious to get to Europe. We had lunch in a tiny house where a woman talking loudly was cooking, and Maria-Teresa payed for both of us. We walked for the rest of the afternoon, resting from time to time under the shadow of a tree, getting a little bit closer from each other, then we walked back to the city.

On the path, João Paulo was waiting for us. He started to yell at Maria-Teresa, and they fought for more than 10 minutes, with me trying to ask Maria-Teresa what was happening. We went back to the car where Manuela was waiting, and during the ride back she explained that her brother had always acted jealous towards her and that he made a scene because we spent too much time alone together.

The night meal was pleasant, with her mother trying to communicate with me. Maria-Teresa spent the diner translating as much as possible while eating, and her father showed me on a map the countries where he would have wanted to go: Portugal, Angola, Cap-Vert. The mother then did the dishes while the father smoked a hand-made cigar, and it was time to go to sleep again.

However, Maria-Teresa told me that there would be a small change of accommodations. Her brother did not want her to sleep in the same bed as me any longer, so I was to sleep near her sister instead if it was ok with me. I was disappointed because I had hoped we could chat some more, but I convinced myself that this was not a big deal and that tomorrow was another day.

João Paulo turned off the light, the room went dim as the night before, and he undressed, washed, and got to bed. It was then my turn, and after freshening up, I put clean boxer shorts and went to bed. Maria-Teresa put a shirt, and waited for her sister to finish washing. When Manuela came to the bed, still naked, Maria-Teresa talked to her and they got into an argument. I seemed to understand that Maria-Teresa told her to wear something while Manuela pretexted that she had no shirt around, showing the parents room where the closet was with her hand. Maria-Teresa seemed to have the last word, in that she climbed into the upper bed, giving me once again a clear view of her intimacy, and she threw the shirt she was wearing to her sister.

Manuela took the shirt, put in on, and went into the bed on my side. After less than a minute, I felt her move as she was getting rid of the shirt, which she wasn't used to wear while sleeping apparently.

I spent an horrible night. While I was not interested in Manuela at all, I could not help having a giant erection imagining her nude behind my back. Every time I moved a little, the shorts over my dick were making me even more excited. I could feel the bed shake lightly, and I could not tell whether one of the siblings was masturbating, maybe ten centimeters away from me, or if I was myself slowly making the bed move by rubbing my shorts against the bed.

At this point, my only priority was not to come, as I would have been very embarrassed if that happened. I did the only thing I could think of, I put my shorts off, throw them onto the ground over Manuela, removed the sheet off myself and Manuela, and lied onto my back so that nothing touches my erect dick anymore. Manuela, who was either not sleeping or got woken up, turned around and looked at me, then at my dick. She did not look surprised nor shocked, and she simply closed her eyes, lying naked on her back.

I could finally get to sleep, but woke up in the middle of the night and tried to assess the current situation. While sleeping, Manuela had turned towards me and on her tummy, her head looking away from me. Her right hand lied on my leg, my flaccid sex touching her arm. My own hand was trapped under her body, and I could feel her public hair on the back of my hand. I got an instant erection, which had the immediate and beneficial side effect of separating my sex from her arm, and started to slowly withdraw my hand from under her. As I did so, I felt the back of my middle finger going on top of her labia, and probably her clitoris. Finally, I managed to pull my hand completely, and confirmed what I felt by smelling my finger.

This was too much for me. Since everyone was sleeping, I started to masturbate very slowly to prevent the bed from moving. It looks like I was not discreet enough as Manuela turned her body towards me as I was nearing the end. I had planned to contain my ejaculation with my other hand, but seeing her looking at me was such as surprise that I ended up ejaculating all over my chest and also over hers. It was so powerful a feeling that I could not let it go and gave it a few more strikes while looking at her stupidly.

Without a word, or even a strange look, she got up and turned the sink faucet on to water a towel. She cleaned up herself while walking back to the bed, then handed me the towel. I cleaned myself while she looked at me doing it, then she brought the towel back. Maria-Teresa asked her something and she answered, then went back to bed. Without a smile, without an angry look, she closed her eyes while turned towards me and my still erect member.

I woke up the next morning when Manuela got out of bed. Her parents, fully dressed, were silently seated at the table and looking into our direction. As the day before, she took her dress from the floor and walked to the parents bedroom, while I unsuccessfully looked for the sheet to cover myself. As Maria-Teresa climbed off the ladder, I forced myself not to look too long to their shaved pussy, even though it looked like the parents would not care. As she was picking up the shirt to cover herself, she noticed that I was naked myself and let the shirt go. She came to me and kissed me hello, and said that she feared that I was shocked by their nudity and that she is happy that I'm not, because it is much too hot to sleep with clothes.

I did not know what to answer, especially when I didn't know what her sister would tell or not. Apparently, she did not tell much before we went out for a ride to the river with the parents and both sisters, and we spent an excellent day. Marie-Teresa, Manuela, and I, spent most of the day bathing nude in the river, while the parents seated around. Some physical contacts gave me light erections, but nobody seemed to care.

I was starting to feel that this was a very good trip, until we got home. João Paulo was waiting for us, visibly angry, with a towel in hand. I recognized it immediately. It was the towel Manuela and I used to clean ourselves during the night. He smelled the towel, shouted something at Manuela who shouted something back and started to sob. He threw the towel to Maria-Teresa, who also smelled it, and then she turned to me. I knew it could not be good.

She asked me how her sister towel could smell like sperm. She told me that her sister was a virgin, and that I had dishonored her family, and that now I have to marry Manuela. I tried to explain that I did not sleep with her sister, that I had never even touched her, but apparently she did not believe me, nor were her parents for whom she translated what I said. I explained that I had an accident and that I used the towel to clear it up, but she started yelling at me saying that she did not believe me.

Then the unexpected happened. The mother shouted an order to Manuela, who got undressed, still sobbing, and climbed onto the kitchen table, legs spread out. The mother then went to check that her daughter was still a virgin. The father, still saying nothing, also checked when the mother called him, then the brother, then Maria-Teresa.

Maria-Teresa seemed to calm down a little, then explained to me that I could not be trusted. I had to go, now. The father, apparently understanding the conversation, came to me and pushed me to the door. I shouted that I needed my suitcase, with my papers, my plane tickets, and my clothes, but Maria-Teresa yelled at me and told me that I must go. Now.

This is how I ended up walking in the direction of the city. I reached it in the middle of the night, and slept in front of the community center, hoping that nothing would happen to me until the sun rose. The operator found me seated at the door when he arrived. He was a rather nice guy who spoke a few English words. I asked him where I could do a Western Union transfer, he had never heard of it. I looked it up on the Internet, and it appears that there is no way to do a money transfer in this deserted area.

I sent a mail to my parents asking them for advice, but it was the middle of the night in France, so I was stuck here, and I wanted to move before the family comes to town and tells everybody what happened, as I didn't want an angry mob against me. So it struck me: French Guiana, a province of France, was only 200 miles away. If I could go there, I could probably get money transferred to me much more easily, and I could probably arrange a flight back to Paris.

I was able to install an IRC client on the community center computer, and talk with some strangers located in Cayenne, the prefecture of French Guiana. They all told me that I was out of luck for two reasons: I had no chance to be able to travel with no money, and I had no chance to be able to cross the border without papers, since they fight very hard against illegal immigration. One guy contacted me privately, and told me that he knew someone who could help me reach French Guiana, but that this necessitated money. I proposed to initiate a international money wire and to have him trust me that it will arrive, but he answered that not only he didn't know me and could not trust me, but also that he didn't want to let a financial trail.

Then it struck me: heroin. I told him to wait, while I checked how much the 350 grams I still had were worth. I could have cried when I looked at the exchange rate and saw that it was 7.28€/gram, and that I had the equivalent of 2500€ (approximately $3300) to get out of this mess. I went back to the guy and asked him if he could accept 2500€ worth of heroin. He didn't know about it, and I tried to explain, but he was not interested. I asked him to wait again as I checked on another IRC channel if I could find someone interested in the transaction. One person, with a good online reputation, was willing to do it if I sent the heroin first, and could deliver 2000€ in cash to anyone in Cayenne. After negotiating a bit, I could setup the deal, send the heroin, and have the cash brought to the guy.

This was a real risk, as this could be a scam, and a heroin transaction cannot be reversed. Fortunately, both guys were honest, at least as far as our deal is concerned. Eight hours later, that I spent in the community center, a SUV came to pick me up. It happened that the guy was a French cop, apparently used to doing dirty jobs, and he was very nice. When we reached the border, he had me hide under a blanket, while he gave some cash to both the Brazilian and the French customs and police officers. We reached Cayenne in the middle of the night, and he dropped me in front of the main Cayenne police station. He explained to me that I had nothing to fear because even though I entered the country illegally, I had every right to be here as I was French.

Indeed, I told the police that I was visiting Brazil when I got mugged at gunpoint near the French Guiana border, and that someone I don't know anything about helped me cross the border. They checked my identity, made some temporary identity and travel documents so that I could board a plane to France, and directed me to a bank where I could get some emergency money transferred from my parents French bank account, at the cost of extravagant fees.

End of story, I was able to sleep in an hotel and take a plane two days later. When I came back to Paris, I told my parents that I had met a crazy family and that I got mugged and had no way to join them or the host family. I haven't told them about the heroin, I pretended later to have lost them all in a scam, but really: the heroin saved my life.

I love heroin.

**tl;dr found myself lost abroad in the middle of nowhere with nothing but an internet connection after a rather strange family story, and heroin probably saved my life**

Sham bam bamina! fucked around with this message at 17:10 on Mar 3, 2014

RubberJohnny
Apr 22, 2008
The Inside Story of Mt. Gox, Bitcoin’s $460 Million Disaster

quote:

From a distance, the world’s largest bitcoin exchange looked like a towering example of renegade entrepreneurism. But on the inside, according to some who were there, Mt. Gox was a messy combination of poor management, neglect, and raw inexperience.

Its collapse into bankruptcy last week — and the disappearance of $460 million, apparently stolen by hackers, and another $27.4 million missing from its bank accounts — came as little surprise to people who had knowledge of the Tokyo-based company’s inner workings. The company, these insiders say, was largely a reflection of its CEO and majority stake holder, Mark Karpeles, a man who was more of a computer coder than a chief executive and yet was sometimes distracted even from his technical duties when they were most needed. “Mark liked the idea of being CEO, but the day-to-day reality bored him,” says one Mt. Gox insider, who spoke on condition of anonymity.

quote:

Bitcoin promises to give a bank account to anyone with a mobile phone, no ID required. It’s clearly an amazing and potentially world-changing technology — the first viable, decentralized, reliable form of digital cash. It could democratize international finance. But it’s also a technology that was pushed forward by a community of people who were unprepared or unwilling to deal with even the basics of everyday business. A new wave of entrepreneurs may bring the digital currency a new level of respectability, but over its first several years, bitcoin has been driven largely by computer geeks with little experience in the financial world. The most prominent example is Mark Karpeles.

quote:

But beneath it all, some say, Mt. Gox was a disaster in waiting. Last year, a Tokyo-based software developer sat down in Gox’s first-floor meeting room to talk about working for the company. “I thought it was going to be really awesome,” says the developer, who also spoke on condition of anonymity. Soon, however, there were some serious red flags.

Mt. Gox, he says, didn’t use any type of version control software — a standard tool in any professional software development environment. This meant that any coder could accidentally overwrite a colleague’s code if they happened to be working on the same file. According to this developer, the world’s largest bitcoin exchange had only recently introduced a test environment, meaning that, previously, untested software changes were pushed out to the exchanges customers — not the kind of thing you’d see on a professionally run financial services website. And, he says, there was only one person who could approve changes to the site’s source code: Mark Karpeles. That meant that some bug fixes — even security fixes — could languish for weeks, waiting for Karpeles to get to the code. “The source code was a complete mess,” says one insider.

quote:

ut Karpeles was obsessed with a new project: The Bitcoin Cafe. Inspired by a French bistro, it would be a stylish hang-out located in the same building as the Mt. Gox offices, a very-new-looking building of metal and glass within walking distance of Tokyo’s largest train station. You could drop by for a beer or some wine, and — using a cash register proudly hacked by Mark Karpeles — you could buy it all with bitcoin. When WIRED tried to meet with Karpeles and Mt. Gox at their offices this past October — and a company representative turned us away, saying that legal reasons prevented Mt. Gox from talking to the press — the placard in the lobby of the building already identified the cafe. This company representative said it would open by the end of the year. It never did.

One insider says that Mt. Gox spent the equivalent of $1 million on the cafe venture, renovating Mt. Gox’s office building to Karepeles’ specifications. At a time when Gox’s business was falling apart, this insider says, the project was a major distraction. “[Karpeles] was super-proud of being able to use his hacked cash register with the code he wrote,” this insider says.

Says another insider, “Aside from the cafe, he liked to spend time fixing servers, setting up networks and installing gadgets… probably distracting himself from dealing with the real issues that the company was up against.”

Pittsburgh Fentanyl Cloud
Apr 7, 2003


Sham bam bamina! posted:

:getin:

*I made a new account to segregate it from my identifiable one.*

This story happened to me during the summer of 2012. I was a 23 year old French developer who just got out of engineering school. I had found a job at a large German automotive company, and was expected to start working in September in Munich.

For the last few months, I had been talking on IRC with a Brazilian girl, my age, named Maria-Teresa. She was studying arts at the UFPA university in Belém, and planned to go to Europe the year after to visit historical sites in Italy, Greece and France. We were flirting a little during those chat sessions, and she invited me to come and visit her during her two weeks vacation in July. Her family lived in Pracuúba, a small town in the Northernmost province of Brazil.

I happened to have bought 2000€ worth of heroin in February after I earned my first salary as an intern, which amounted to a bit more than 600 HRN at this time. I didn't have enough money in my bank account alone to pay for the plane tickets, so I sold back 250 HRN for 1500€ to cover the rest.

The flights went well, even though it was a bit long to go from Paris to São Paulo, from São Paulo to Belém, from Belém to Macapá, and from Macapá to Porto Grande. From there I took a bus to Pracuúba, and I arrived there around 9PM, 38 hours after having left Paris. Despite it being the winter there, it was much hoter than under Paris summer.

Pracuúba could not be more different from what I had expected. In France, many small towns with less than 1000 inhabitants have a very lively and vivid village life. With its 2500 registered inhabitants, Pracuúba was pretty much a ghost town, with nobody to be seen around. Maybe I should have checked Wikipedia more carefully, I would have noticed that the population density was around one person per square mile. When you realize that the average household size is 6 people, you can imagine that houses can be far away from each other.

Fortunately, a cellular network was available, and I could reach Maria-Teresa. She explained to me that she was not sure I was really coming, and that his brother would come and give me a ride to their place.

Half an hour later, an antic pickup truck arrived with a thirty something man behind the wheel. He stopped the car abruptly just in front of me, and when I went to open the passenger door, he just showed me the rear cargo area. I was quite surprised, but climbed into it and we left on the dirty roads. 10 miles later, I was already covered in dust when we stopped before a medium size wooden house. I jumped off the car and followed the driver inside.

In the main room, dimly lit, four people were seated. Maria-Teresa was one of them and she greeted me with a big hug, and introduced me to her parents, to her 15 year old sister Manuela, and to her brother, my driver, João Paulo. The introduction lasted only a short instant because none of them spoke French or English, and I did not know a word of Portuguese.

Right after, while I was hoping to get offered something to eat, the father uttered some order and Maria-Teresa explained to me that they were all going to bed. The parents went into their room, while I wondered if the four of us had to fit in the bunk bed that I could see in a corner of the room.

Maria-Teresa told me that when she comes back during her vacation, she uses to sleep with Manuela in the lower bed while João Paulo sleeps in the upper one. However, since I was here, we would share the lower bed while Manuela would join her brother.

I asked about the bathroom. Maria-Teresa told me that it was located in their parents room and that I would have to go outside or wait until the morning. I went out and peed on a tree 100 feet away. When I came back, the light had been switched off, but with the pale moon light coming through the window I was able to distinguish a nude muscular male body as João Paulo was washing himself from the kitchen sink while the sisters talked together.

Maria-Teresa told me I could freshen up if I wished. I waited until the brother, apparently still nude, climbed into his bed, and I went to the sink. From there, the rest of the room looked pitch black, and I decided not to care and undressed completely. I used a towel from my luggage to clean myself up, trying to water half of it while keeping the other half dry.

As I put on some boxer shorts, the younger sister came to the sink and started undressing as if I was not there. The partial obscurity did not hide the fact that she was wearing nothing but her dress, and she was done washing before I went to my luggage to store my dirty laundry. She then climbed into the upper bed, and I could hear her talk briefly to her brother.

I put myself under the sheets while Maria-Teresa went to the sink. As everyone, she proceeded to get naked, although she was wearing underwear, and I watched her while getting anxious about what would happen next. I was relieved when I saw her pick up a shirt long enough to cover her intimate parts. Life in the city may have made her more prude than the rest of her family.

She joined me into the bed, and for the first time since I arrived we could talk, while trying not to disturb her siblings. She asked me how the trip went, she told me she was happy I could come, and that she should have warned me that there weren't really any nightlife in her parents place. She promised to show me around the next morning and wished me good night.

Thanks to the jet lag, I slept very well. I woke up by the sound of the bed ladder; the brother was getting up, naked, with a morning erection he did not try to hide. He started making coffee, when Maria-Teresa opened her eyes. She said something to him, to which he responded. I asked her what she just said, and she had ensured that there would be enough coffee for me too.

Manuela then went down her bed. This time, I had a good look at her while she climbed done. She had small breasts, the hair covering her sex was very sparse and dark. She took her dress and went into her parents room. When she came back a minute later, she had put the dress on, and João Paulo, still half erect, dressed as well and poured the coffee into four cups.

Maria-Teresa got up. Still lying in the bed, I could not help looking under her shirt as she did so. This was the first time I had a glimpse at a real shaved sex. I only had had one sexual encounter at this time, and I can still remember the pubic hair getting in my way. This reinforced my morning wood, and I was wondering how I would get up when she told me to get up and eat my breakfast. I asked when her parents would wake up, and she told me that they already left when the sun rose to go sell their fruits to the market. Relieved, I reached to my luggage, got a pant and a shirt, and went to the bathroom with my clothes in front of me trying to cover my erection.

At this stage, I was very lost. I had come from France to the middle of nowhere to meet a girl I didn't know, and had landed into a family whose customs were unknown to me. Was it appropriate to look at each other while naked? Was it appropriate to be naked? Would it be possible to get involved in a romantic relationship with Maria-Teresa? I decided that I could not do anything about it but talk with Marie-Teresa when we get a chance, and went back to the main room. The bananas and another fruit I could not name were delicious.

João Paulo brought us to the city. The two sisters and I climbed into the cargo area, and Maria-Teresa told me there would be many people there because of the market. When we arrived, eight merchants, including her two parents, were selling fruits and vegetables to a dozen of customers. Also, the community center was open, and after a 20 minute wait I was able to access the only computer connected to the Internet. It was using an antique version of Internet Explorer, but it was enough to send a short mail to family to assure them that everything was ok, even though I had to use the HTML only version of gmail.

Maria-Teresa took me for a walk around the village. We seemed to be getting along, and she took my hand. We spent most of the day talking about her studies, my job, her being anxious to get to Europe. We had lunch in a tiny house where a woman talking loudly was cooking, and Maria-Teresa payed for both of us. We walked for the rest of the afternoon, resting from time to time under the shadow of a tree, getting a little bit closer from each other, then we walked back to the city.

On the path, João Paulo was waiting for us. He started to yell at Maria-Teresa, and they fought for more than 10 minutes, with me trying to ask Maria-Teresa what was happening. We went back to the car where Manuela was waiting, and during the ride back she explained that her brother had always acted jealous towards her and that he made a scene because we spent too much time alone together.

The night meal was pleasant, with her mother trying to communicate with me. Maria-Teresa spent the diner translating as much as possible while eating, and her father showed me on a map the countries where he would have wanted to go: Portugal, Angola, Cap-Vert. The mother then did the dishes while the father smoked a hand-made cigar, and it was time to go to sleep again.

However, Maria-Teresa told me that there would be a small change of accommodations. Her brother did not want her to sleep in the same bed as me any longer, so I was to sleep near her sister instead if it was ok with me. I was disappointed because I had hoped we could chat some more, but I convinced myself that this was not a big deal and that tomorrow was another day.

João Paulo turned off the light, the room went dim as the night before, and he undressed, washed, and got to bed. It was then my turn, and after freshening up, I put clean boxer shorts and went to bed. Maria-Teresa put a shirt, and waited for her sister to finish washing. When Manuela came to the bed, still naked, Maria-Teresa talked to her and they got into an argument. I seemed to understand that Maria-Teresa told her to wear something while Manuela pretexted that she had no shirt around, showing the parents room where the closet was with her hand. Maria-Teresa seemed to have the last word, in that she climbed into the upper bed, giving me once again a clear view of her intimacy, and she threw the shirt she was wearing to her sister.

Manuela took the shirt, put in on, and went into the bed on my side. After less than a minute, I felt her move as she was getting rid of the shirt, which she wasn't used to wear while sleeping apparently.

I spent an horrible night. While I was not interested in Manuela at all, I could not help having a giant erection imagining her nude behind my back. Every time I moved a little, the shorts over my dick were making me even more excited. I could feel the bed shake lightly, and I could not tell whether one of the siblings was masturbating, maybe ten centimeters away from me, or if I was myself slowly making the bed move by rubbing my shorts against the bed.

At this point, my only priority was not to come, as I would have been very embarrassed if that happened. I did the only thing I could think of, I put my shorts off, throw them onto the ground over Manuela, removed the sheet off myself and Manuela, and lied onto my back so that nothing touches my erect dick anymore. Manuela, who was either not sleeping or got woken up, turned around and looked at me, then at my dick. She did not look surprised nor shocked, and she simply closed her eyes, lying naked on her back.

I could finally get to sleep, but woke up in the middle of the night and tried to assess the current situation. While sleeping, Manuela had turned towards me and on her tummy, her head looking away from me. Her right hand lied on my leg, my flaccid sex touching her arm. My own hand was trapped under her body, and I could feel her public hair on the back of my hand. I got an instant erection, which had the immediate and beneficial side effect of separating my sex from her arm, and started to slowly withdraw my hand from under her. As I did so, I felt the back of my middle finger going on top of her labia, and probably her clitoris. Finally, I managed to pull my hand completely, and confirmed what I felt by smelling my finger.

This was too much for me. Since everyone was sleeping, I started to masturbate very slowly to prevent the bed from moving. It looks like I was not discreet enough as Manuela turned her body towards me as I was nearing the end. I had planned to contain my ejaculation with my other hand, but seeing her looking at me was such as surprise that I ended up ejaculating all over my chest and also over hers. It was so powerful a feeling that I could not let it go and gave it a few more strikes while looking at her stupidly.

Without a word, or even a strange look, she got up and turned the sink faucet on to water a towel. She cleaned up herself while walking back to the bed, then handed me the towel. I cleaned myself while she looked at me doing it, then she brought the towel back. Maria-Teresa asked her something and she answered, then went back to bed. Without a smile, without an angry look, she closed her eyes while turned towards me and my still erect member.

I woke up the next morning when Manuela got out of bed. Her parents, fully dressed, were silently seated at the table and looking into our direction. As the day before, she took her dress from the floor and walked to the parents bedroom, while I unsuccessfully looked for the sheet to cover myself. As Maria-Teresa climbed off the ladder, I forced myself not to look too long to their shaved pussy, even though it looked like the parents would not care. As she was picking up the shirt to cover herself, she noticed that I was naked myself and let the shirt go. She came to me and kissed me hello, and said that she feared that I was shocked by their nudity and that she is happy that I'm not, because it is much too hot to sleep with clothes.

I did not know what to answer, especially when I didn't know what her sister would tell or not. Apparently, she did not tell much before we went out for a ride to the river with the parents and both sisters, and we spent an excellent day. Marie-Teresa, Manuela, and I, spent most of the day bathing nude in the river, while the parents seated around. Some physical contacts gave me light erections, but nobody seemed to care.

I was starting to feel that this was a very good trip, until we got home. João Paulo was waiting for us, visibly angry, with a towel in hand. I recognized it immediately. It was the towel Manuela and I used to clean ourselves during the night. He smelled the towel, shouted something at Manuela who shouted something back and started to sob. He threw the towel to Maria-Teresa, who also smelled it, and then she turned to me. I knew it could not be good.

She asked me how her sister towel could smell like sperm. She told me that her sister was a virgin, and that I had dishonored her family, and that now I have to marry Manuela. I tried to explain that I did not sleep with her sister, that I had never even touched her, but apparently she did not believe me, nor were her parents for whom she translated what I said. I explained that I had an accident and that I used the towel to clear it up, but she started yelling at me saying that she did not believe me.

Then the unexpected happened. The mother shouted an order to Manuela, who got undressed, still sobbing, and climbed onto the kitchen table, legs spread out. The mother then went to check that her daughter was still a virgin. The father, still saying nothing, also checked when the mother called him, then the brother, then Maria-Teresa.

Maria-Teresa seemed to calm down a little, then explained to me that I could not be trusted. I had to go, now. The father, apparently understanding the conversation, came to me and pushed me to the door. I shouted that I needed my suitcase, with my papers, my plane tickets, and my clothes, but Maria-Teresa yelled at me and told me that I must go. Now.

This is how I ended up walking in the direction of the city. I reached it in the middle of the night, and slept in front of the community center, hoping that nothing would happen to me until the sun rose. The operator found me seated at the door when he arrived. He was a rather nice guy who spoke a few English words. I asked him where I could do a Western Union transfer, he had never heard of it. I looked it up on the Internet, and it appears that there is no way to do a money transfer in this deserted area.

I sent a mail to my parents asking them for advice, but it was the middle of the night in France, so I was stuck here, and I wanted to move before the family comes to town and tells everybody what happened, as I didn't want an angry mob against me. So it struck me: French Guiana, a province of France, was only 200 miles away. If I could go there, I could probably get money transferred to me much more easily, and I could probably arrange a flight back to Paris.

I was able to install an IRC client on the community center computer, and talk with some strangers located in Cayenne, the prefecture of French Guiana. They all told me that I was out of luck for two reasons: I had no chance to be able to travel with no money, and I had no chance to be able to cross the border without papers, since they fight very hard against illegal immigration. One guy contacted me privately, and told me that he knew someone who could help me reach French Guiana, but that this necessitated money. I proposed to initiate a international money wire and to have him trust me that it will arrive, but he answered that not only he didn't know me and could not trust me, but also that he didn't want to let a financial trail.

Then it struck me: heroin. I told him to wait, while I checked how much the 350 HRN I still had were worth. I could have cried when I looked at the exchange rate and saw that it was 7.28€/HRN, and that I had the equivalent of 2500€ (approximately $3300) to get out of this mess. I went back to the guy and asked him if he could accept 2500€ worth of heroin. He didn't know about it, and I tried to explain, but he was not interested. I asked him to wait again as I checked on another IRC channel if I could find someone interested in the transaction. One person, with a good online reputation, was willing to do it if I sent the heroin first, and could deliver 2000€ in cash to anyone in Cayenne. After negotiating a bit, I could setup the deal, send the heroin, and have the cash brought to the guy.

This was a real risk, as this could be a scam, and a heroin transaction cannot be reversed. Fortunately, both guys were honest, at least as far as our deal is concerned. Eight hours later, that I spent in the community center, a SUV came to pick me up. It happened that the guy was a French cop, apparently used to doing dirty jobs, and he was very nice. When we reached the border, he had me hide under a blanket, while he gave some cash to both the Brazilian and the French customs and police officers. We reached Cayenne in the middle of the night, and he dropped me in front of the main Cayenne police station. He explained to me that I had nothing to fear because even though I entered the country illegally, I had every right to be here as I was French.

Indeed, I told the police that I was visiting Brazil when I got mugged at gunpoint near the French Guiana border, and that someone I don't know anything about helped me cross the border. They checked my identity, made some temporary identity and travel documents so that I could board a plane to France, and directed me to a bank where I could get some emergency money transferred from my parents French bank account, at the cost of extravagant fees.

End of story, I was able to sleep in an hotel and take a plane two days later. When I came back to Paris, I told my parents that I had met a crazy family and that I got mugged and had no way to join them or the host family. I haven't told them about the heroin, I pretended later to have lost them all in a scam, but really: the heroin saved my life.

I love heroin.

**tl;dr found myself lost abroad in the middle of nowhere with nothing but an internet connection after a rather strange family story, and heroin probably saved my life**

ahahaha yesssssssssssss

Cybernetic Vermin
Apr 18, 2005

i mean, part of the reason why laughing at bitcoiners is so fun is because it is the *right* thing to do too. bitcoin is not just something that harms the randian supermen of hn, and all bad press bitcoin gets is not only funny, but it is also really good for us all since it is really loving undesirable to have people get tricked out of their savings

kiwid
Sep 30, 2013

who the gently caress is bruce fenton, is he known outside reddit?

Shifty Pony
Dec 28, 2004

Up ta somethin'


big scary monsters posted:

yeah although reading her blog post mainly just made me sad. i mean it sounds like she's not going to be on the street or anything but it sucks that it's not just libertarian shitheads affected by this

you know what? i don't feel sad for her because she isn't asking for her money back, she wants her returns too. she bought in when bitcoin was at ~$2 per and still wants her 30,000% profit.

graph
Nov 22, 2006

aaag peanuts
skipping 800 posts but lol @ mount gocks homepage

sleepy gary
Jan 11, 2006

Shifty Pony posted:

you know what? i don't feel sad for her because she isn't asking for her money back, she wants her returns too. she bought in when bitcoin was at ~$2 per and still wants her 30,000% profit.

Right... I was being generous calling it a few grand. It's most likely under $500 if her timeline is accurate, but we don't know for sure. It's really exactly this though.

Cybernetic Vermin
Apr 18, 2005

i would like to differentiate between feeling sorry for someone and something being a sad story, but that is drifting a bit in topic. at any rate; people are not perfectly rational, consumer protections are good, bitcoin luckily is in a place where almost 100% of the people with money in it are detestable enough that it is all funny, but the slightly more serious side of matters is that discrediting bitcoin is good because the stories would keep getting sadder the more mainstream it managed to become before falling down

FMguru
Sep 10, 2003

peed on;
sexually
ahahahaha

its him, its that guy, the libertarian nerd who figures that if he taught himself apache configuration and php then hes a certified supergenius and doing something like running a billion dollar currency exchange should be a piece of cake to a world bestriding intellectual colossus like himself

MORE CURLY FRIES
Apr 8, 2004

FMguru posted:

ahahahaha

its him, its that guy, the libertarian nerd who figures that if he taught himself apache configuration and php then hes a certified supergenius and doing something like running a billion dollar currency exchange should be a piece of cake to a world bestriding intellectual colossus like himself

yeah hes legit just a cj who bought a software company

MORE CURLY FRIES
Apr 8, 2004

except the software company was one dude who used to sell magic trading cards

MORE CURLY FRIES
Apr 8, 2004

seriously the mtgox user who sold mtgox to karpeles must be enjoying this

unless they had coin in mtgox too because they were a believer i guess

Wayne Knight
May 11, 2006

Sham bam bamina! posted:

horrible bitcoin story about a guy that masturbated to an underage girl and came on her while she slept

:barf:

kiwid
Sep 30, 2013

graph posted:

skipping 800 posts but lol @ mount gocks homepage

but the call center said good news is coming! just wait!

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.

MORE CURLY FRIES posted:

yeah hes legit just a cj who bought a software company

uuuh did you not read that French article he's a genius and has above average iq




like seriously do people not realize that half the loving population has above-average iq it's such a meaningless urgggghhhhhhhh

MORE CURLY FRIES
Apr 8, 2004

its why i find that okc question about stopping people with a low iq from breeding

1 lol eugenics wtf
2 lol you dont understand how iqs are calculated

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.

MORE CURLY FRIES posted:

its why i find that okc question about stopping people with a low iq from breeding

1 lol eugenics wtf
2 lol you dont understand how iqs are calculated

that question exists so you can avoid breeding with a low iq person

(a better way is to avoid okc entirely)

Adbot
ADBOT LOVES YOU

duTrieux.
Oct 9, 2003

Condiv posted:

as a quick example, the jdbc driver for mongodb used to use a random number generator to determine what db errors to log (they wanted to cut down on log spam)

:stare:

  • Locked thread