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stoutfish posted:just noticed i spelt society wrong in the thread title also remember that "weird" is weird.
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Feb 4, 2014 23:37
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Dessert Rose posted:i remember it as: i just live in fear of the little red squiggly lines
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Feb 4, 2014 23:46
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some people on reddit are  -ing that the cause of the mtgox delays are coinbase using the mtgox-btce spread to make money. quote at btce prices, sell on mtgox, have JP intermediary cash out, and mtgox's systems are unable to handle the extra btc transfer load. i'm not sure i buy it because wouldn't mtgox's volume spike then?
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Feb 5, 2014 16:34
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note that i don't believe that someone isn't stupid enough to make that their business model.
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Feb 5, 2014 16:36
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Dessert Rose posted:i actually really like his style so v he also drew a bunch of porn comics.
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Feb 5, 2014 23:46
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there is nothing in this world as uniquely insufferable as a libertarian trying to be clever.
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Feb 6, 2014 01:05
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they'll just take the nexus 5 and then file asurion claims on their broken iphones.
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Feb 6, 2014 17:49
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TVarmy posted:They submitted an app that only monitored transactions and couldn't send Bitcoin. Then after it was approved, they updated it to send Bitcoin against the tos. They submitted one app, and updated it to a different one. pretty quick way to get your app removed
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Feb 7, 2014 15:03
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killhamster posted:he's a dipshit who gets by on what bitcoiners consider to be personality. he was on joe rogan's podcast the other day and it took twitter a week to shut the gently caress up about it. he looks like i wondered how bitcoin could possibly become more insufferable and there it goes showing me by getting joe rogan onboard. well done bitcoin. TVarmy posted:Is rule lawyering your way to "invalidating" someone else's argument through tenuous logical fallacies really a good way to make a point? there have always been assholes that wouldn't accept losing an argument and would grasp at excuses why the other side isn't being fair when they are not winning but the internet just gives them an endless opportunity to not shut up.
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Feb 7, 2014 19:58
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in every photo i've seen
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bitcoiners are mad about the localbitcoins thing [–]chalash 55 points 4 hours ago (66|11) This is a big deal. Money transmission BEFORE a crime has occurred is now being treated as money laundering, which was previously the obfuscation of money sources AFTER a crime has occurred. [–]goonsack 10 points 4 hours ago (18|7) You're goddamned right. It's really concerning how these statutes are being stretched. The Charlie Shrem case being a perfect exemplar. Not sure if this Florida case is directly comparable though. It sounds as if these guys are charged with violating AML reporting statutes, and MSB laws, rather than being charged with money laundering itself (like Charlie was)? [–]diglig 13 points 5 hours ago (17|6) WTF? So you can't sell your own bitcoins now?? What's going on here. [–]nomminommi 14 points 5 hours ago (20|6) It was a trap. The undercovers told that they want to buy stolen credit cards and they still got the BTC from the seller + they were over the limit where they have to register as moneytransmitter (20k $ a year or whatever depends on location I guess)... So don't do those 2 things and you should be fine -_-  violating the law is a crime?! but we don't like that law!
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Feb 8, 2014 01:31
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jony ive aces posted:buying pseudonymous internet points with the explicit stated purpose of buying illegal goods is not money laundering because because when the bitcoin does it, that means it is not illegal.
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Feb 8, 2014 04:16
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the interesting thing is that it doesn't seem like the funds being expected to be used for criminal acts matters in the law. the police went the extra mile to make sure that they nabbed willing money launderers instead of just some people who didn't know about the law.
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Feb 8, 2014 04:51
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Miyamotos RGB NES posted:the literal inventor of the format said it was "jiff" Death of the author applies to file extensions too. jony ive aces posted:but if i understand correctly they just charged them as unlicensed money transmitters rather than money launderers, it's genius all round you can bet that the prosecution will threaten the higher charges to get a guilty plea for the money transmitter violation though.
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Feb 8, 2014 15:26
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Mulatto Butts posted:the fedora reserve thread title pls
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Feb 8, 2014 23:00
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 experimental outline: title: crypto-stupidity exploration purpose: to determine if bitcoin's detractors are exaggerating the propensity of bitcoiners to get scammed hypothosis: if exposed to an obvious scam, bitcoiners will still fall for it procedure: create blatant ponzi scheme where returns are clearly being paid out of latest "investor". wait. measurements: received in excess of $130k worth of "investments" in less than four days. conclusions: hypothesis confirmed. bitcoiners are indeed that loving stupid.
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Feb 9, 2014 00:08
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FCKGW posted:nah man, they just changed the address, the admins in the chat room told me so like all good scientific experiments the results need to be verified independently.
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Feb 9, 2014 00:59
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Heresiarch posted:if we wanted to just outright steal money from people there's much easier ways audio interconnects soldered in a pure-nitrogen environment. prevents extraneous crystal growth patterns with can result in discontinuous boundary conditions which break up the signal wavefront.
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Feb 9, 2014 06:47
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but will they also unplug the router when the price starts to slide?
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Feb 9, 2014 19:52
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but version 1.0 is the most perfect version and it goes downhill from there...
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Feb 10, 2014 04:48
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so the transaction id, which is used to uniquely identify a transaction, cannot be relied upon to identify a transaction?
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Feb 10, 2014 17:02
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i would just like to point out that a hypothetical large scale bitcoin payment service would run a non-trival and financially unacceptable chance of having multiple transactions matching the suggested (amount, address, timestamp) "workaround". every single day would be like betting black and red in roulette and praying like hell that green doesn't hit (and it will eventually).
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Feb 10, 2014 17:13
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conspiracy theory would be that the gox anouncement was meant to crash the price so they could rebuy the bitcoins they need (which is being stated on r/bitcoin because lol) that they got screwed over by spoofed transaction IDs is pretty clear at this point. the real question is "how much is gone?", and the massive clusterfuck of their outbound transactions failing due to drawing on empty wallets that the system probably thought had sufficient funds indicates the answer is "a fuckload"
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Feb 10, 2014 18:14
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i'm really happy that my actualmoney isn't worth 15% less now than it was 12 hours ago. less happy that my credit card balance isn't but you know you win some you lose some.
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Feb 10, 2014 20:07
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BeOSPOS posted:it's seriously "burn the bitcoin heretics!" CoinDesk Removes Mt. Gox from Bitcoin Price Index (coindesk.com) submitted 2 hours ago by lewisjackson [–]Bitcognition 65 points 2 hours ago (64|7) ALL REPUTABLE Bitcoin resources should make the same move. Tainting the public's view and adoption by making false claims about how EVERY exchange has the same flaws and that the Bitcoin protocol is to blame. Shame on you. you see this basic flaw in the bitcoin protocol doesn't effect all bitcoin users because...
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Feb 10, 2014 20:18
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BeOSPOS posted:OOOOOOH, but we shouldn't be using txIDs to uniquely identify transactions here. the most logical of all potential currency systems.
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Feb 10, 2014 20:21
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Heresiarch posted:http://www.cryptocommunications.com of course it is http://www.wix.com/website/templates/html/creative-arts/1 specifically: this one
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Feb 10, 2014 21:33
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Heresiarch posted:gently caress, i don't know anymore, why am i trying to pay attention to this in real-time yeah you need to wait an hour for everything to have a bunch of confirmations before you can rely on it
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Feb 10, 2014 22:47
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theflyingorc posted:is this actually true? because that's super funny if every miner has cp hidden in it it is just a bunch of deep web links i think. not that that is much better really but it isn't a jpg that could get every bitcoiner arrested or something.
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Feb 11, 2014 17:37
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Dex posted:that man stole my kidney to make a point about the inherent oppression in regulating the organ trade industry but that's a known issue with having kidneys.
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Feb 11, 2014 21:05
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BeOSPOS posted:there's a wiki page on this, so we're not culpable. gently caress you got both my kidneys also got some other guy's kidney because he didn't sufficiently armor his flank and really that's just asking for me to take it.
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Feb 11, 2014 21:09
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cold wallet is a bit of a misnomer really. all it really means is that the private key isn't kept in an online form but instead printed out and stored somewhere. you are able to look up and see how much is in any "cold wallet" by looking at the blockchain (because the blockchain is just a glorified bloated transaction ledger) but unless you know a weakness in the elliptic curve crypto that is used in the public-private key system of bitcoin that is all you can do unless you have physical access to the offline private key. just cold wallet sounds more cyberpunk than "offline backup".
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Feb 12, 2014 21:15
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Necc0 posted:i'm trying to make sense of the airflow and it's not working same. wouldn't the vidja cards just exhaust downward which would just be sucked right back up into the bitbucket via the giant 200mm fan? they just seem to think thermal management is "just move bunches of air around!" instead of "oh god get this heat out of here and keep it out dammit"
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Feb 13, 2014 05:00
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pointsofdata posted:what are the odds that mtgox is currently trading while insolvent? insolvency isn't a problem for the bitcoin world. fractional reserve though...
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Feb 13, 2014 16:24
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Don Lapre posted:How is .1btc collateral for 1btc? cargo culting financial transations
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Feb 13, 2014 23:15
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TVarmy posted:I want to start a business that involves setting up accounts and a new POS protocol that falls back to an established debit card system, and it has to be free. oh, note he didn't say he wanted to start and run it.
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Feb 14, 2014 00:09
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when will it get to the post scarcity society where bitcoin ceases to exist?
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Feb 14, 2014 00:11
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gox is trying so hard to break 400 and idiots are trying so hard to keep it from happening.
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Feb 14, 2014 03:35
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Joementum posted:It's going to take quite a bit. There's over "600 BTC" in pretend combined buy orders right at 400.
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Feb 14, 2014 03:40
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Cybernetic Vermin posted:thing is, i cant imagine they have the money to make everyone whole either way. so something bad will have to go down. it really depends on how much they put in the hot wallet for payouts, because the sudden skyrocket of failed payout transactions from gox we had like last week was no doubt their system trying to send out transactions from a wallet that had already been emptied due to the malleable transaction issue it is possible that they didn't lose any bitcoin and the failed transactions were just an issue of internal systems not syncing up. you could have, for example, one system which tracks the wallets to be used for the day's payouts and tells the payout system which addresses to pull from. the payout system pulls from that wallet, marks the transaction as completed, and passes the TX ID to the tracking system. but the tracking system never sees that tx id hit the main blockchain and thinks "oh well this address still has 100butts according to my reckoning, pull from it" next time a transaction needs to go out, and that fails. i could see why you wouldn't want to rewrite all your systems (and introduce lord knows how many new bugs) when it is the protocol itself that is hosed up and there is presently a huge rush to fix it. the problem is we don't know that gox is solvent or not. almost like some sort of overseeing body which would be able to look at their records would be a good thing. that would be hard to do because people have stuff to do and setting up something like that would require a bunch of work so perhaps it could be appointed by a group of people who were voted on by everyone. could call it the Satoshi Exchange Cooperative.
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Feb 14, 2014 16:20
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BeOSPOS posted:how does bitcoin "revolutionize charitable giving"? either you give or you don't and either you care about the charity or you just want a tax write off. but does cash have the ability to send 25 cents at 3AM?! think about the benefits to charity like and .
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Feb 15, 2014 16:51
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