Bitcoin: bill and teds bogus currency

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > Bitcoin: bill and teds bogus currency

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Sweevo: Nov 8, 2007; i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

big scary monsters posted:

paying for a masters is not uncommon in the uk

unless you went to oxford or cambridge in which case they just give you a masters for nothing 7 years after getting a bachelors degree because of bullshit historical reasons

# ? Jul 29, 2015 17:50

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# ? Jun 10, 2024 19:26

Tipps: Apr 18, 2006; party in the front

business in the back

student loan derail is poo poo, go back to talking about bit coin ...! style

quote:

"Do you remember those bitcoins you gave me back in December? I just transferred them back to you. I'm sure there is some use for bitcoin somewhere, I just don't see it." (self.Bitcoin)

submitted 2 hours ago * by bitRescue

These were the exact words from my girlfriend the other day.

In a developed country with banking phone apps that lets you instantly pay and transfer money in your local currency for free, I guess there still aren't many everyday use cases for bitcoin. Decentralization of trust is not a big selling point for ordinary people, so for bitcoin adoption to make any sense it needs to work better and cheaper than traditional payment solutions, and in the developed world that simply isn't the case yet. So there clearly still is a very long way to mass adoption, if ever.

Personally though I think that the role of bitcoin will be like what Linux is in the world of operating systems, the gears and cogs underneath something cool and user friendly that makes sense to use.

quote:

[�]thesleepthief 4 points 2 hours ago

The obvious uses of decentraliced currency/payments will become all too clear in the not too distant future, I fear. Until then, most people will remain unconvinced.

I mean, lots and lots of people were caught off guard in GREECE, where the pending disaster has been obvious for years.

quote:

[�]boopbit 1 points 49 minutes ago

quote:
And why exactly does that sound like something I would make up?

Because it is not realistic, girlfriends don't give back money. They just don't. Especially money that has the potential to increase in value over time. There is no way you didn't tell her that if it even happened.

quote:

[�]multitaco 1 point 27 minutes ago

A woman returning a gift of money? LOL! Never happened in human history.

quote:

[�]usrn 1 point 2 hours ago*

If you ask me she's not very bright. If she doesn't need it why not donate it to one of the many organizations accepting it?

I guess it's more to do with her lack of interest and laziness to investigate about its usage (or to ask you about it).

quote:

[�]usrn 1 points an hour ago

I have used all payment methods.

Bitcoin is by far the easiest and the most convenient.

Although, I understand that the pleb cannot bear volatility.

and so on. :allears:

# ? Jul 29, 2015 17:51

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Tipps posted:

decentraliced

# ? Jul 29, 2015 17:55

blugu64: Jul 17, 2006; Do you realize that fluoridation is the most monstrously conceived and dangerous communist plot we have ever had to face?

Tipps posted:

Because it is not realistic, girlfriends don't give back money. They just don't.

well girlfriends that they could get anyway. lol if you can't leave a stack of cash around your partner

# ? Jul 29, 2015 17:58

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Tipps posted:

[�]multitaco 1 point 27 minutes ago

A woman returning a gift of money? LOL! Never happened in human history.

why do you have a female to woman filter??

# ? Jul 29, 2015 17:59

theflyingorc: Jun 28, 2008; ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS; Young Orc

you know those plebs, always yakking on and on about how much they hate highly volatile currencies

# ? Jul 29, 2015 18:02

big scary monsters: Sep 2, 2011; -~Ｓｋｕｌｌｗａｖｅ~-

blugu64 posted:

well girlfriends that they could get anyway. lol if you can't leave a stack of cash around your partner

bitcoiners are optimised for trustless relationships

# ? Jul 29, 2015 18:05

I Greyhound: Apr 22, 2008; MusicKrew Dawn Patrol

For chemistry grad school in the us, its a stipend which covers tuition plus modest living expenses. Paid by the university during terms when you're teaching/TAing, and paid by your advisor out of their grants when you are not.

# ? Jul 29, 2015 18:10

Sham bam bamina!: Nov 6, 2012; ƨtupid cat

Tipps posted:

Because it is not realistic, girlfriends don't give back money. They just don't.

and she didn't :v:

# ? Jul 29, 2015 18:30

JamesieAB: Nov 5, 2005

MagicalTux on the Silk Road timeline

quote:

Also relevant is the fact that while MtGox had more than US$5 million seized, as far as I know and as of today no other unlicensed Bitcoin exchange had anything seized in the US nor was ever prosecuted in any way.

quote:

Right now I see two main possibilities behind the 2013 funds seizure:

The goal was to destroy MtGox to erase any record of the sale of Bitcoins done by Bridges, thus making it very difficult to track funds stolen from Silk Road back to his company.

Someone paid Bridges and/or Force to harm MtGox. While extensive documentation is available on the exchanges between Force and DPR, not much is said about exchanges with other Silk Road users, and I have elements showing that some of them (Silk Road vendors) have been targeting MtGox since as early as 2011, notably because we were blocking accounts involved in illegal activity.

# ? Jul 29, 2015 18:44

indigi: Jul 20, 2004; ^{how can we not talk about family

when family's all that we got?}

Karples did nothing wrong

Sweevo posted:

unless you went to oxford or cambridge in which case they just give you a masters for nothing 7 years after getting a bachelors degree because of bullshit historical reasons

whoa what

# ? Jul 29, 2015 18:45

duTrieux.: Oct 9, 2003

big scary monsters posted:

bitcoiners are optimised for trustless relationships

# ? Jul 29, 2015 18:53

My PIN is 4826: Aug 30, 2003

big scary monsters posted:

bitcoiners are optimised for thrustless relationships

also true

# ? Jul 29, 2015 19:00

Sweevo: Nov 8, 2007; i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

indigi posted:

whoa what

https://en.wikipedia.org/wiki/Master_of_Arts_%28Oxbridge_and_Dublin%29

# ? Jul 29, 2015 19:09

big scary monsters: Sep 2, 2011; -~Ｓｋｕｌｌｗａｖｅ~-

indigi posted:

whoa what

alright please skip this post if you don't care about the pointless minutae of the uk university system

it's actually 7 years after starting your degree, not finishing it. and yeah technically it's an irrelevant title that gets you additional library access or something, rather than being an actual postgraduate degree, but practically outside of academia a lot of people will assume it's a proper masters and it's just another way for the ancient universities to hold themselves and their graduates as a little bit above the riff-raff who studied at redbricks or (gasp) post-1992 unis. it's even more confusing these days because lots of uk universities now award "undergraduate masters" which require less study and research than postgrad ones but allow you to use your student loan for an extra year of funding, and again it's not obvious that an MEng/MMath or whatever isn't a postgraduate award. then some of the scottish universities also award MAs for some undergraduate degrees, except there they're four years of study in the first place. finally, all those universities also award actual postgraduate master of arts degrees, so just because you have an MA from cambridge it doesn't mean that you didn't study for a masters there

academic titles in the uk are not very standardised and are pretty confusing. almost nobody outside of academia understands them, and almost nobody inside of academia cares about them

# ? Jul 29, 2015 19:12

CampingCarl: Apr 28, 2008

JamesieAB posted:

MagicalTux on the Silk Road timeline

I can't decide if Bridges intentionally destroying Mt. Gox is funnier than the bots making fake trades.

Carl Markus Bot IV and Shaun Willy Bridges.

# ? Jul 29, 2015 19:16

theflyingorc: Jun 28, 2008; ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS; Young Orc

as a general rule i have always found it dumb that you graduate and then they hand you an undergraduate degree

like lol i guess for the past 4 years i've been a pre-undergraduate?

# ? Jul 29, 2015 19:17

JamesieAB: Nov 5, 2005

Redditor in UK wants to buy US redditor pizza, gets drunk and buys over $500 worth of bitcoins and ends up giving away Papa Johns for anyone on reddit that wants some.

https://np.reddit.com/r/RandomActsOfPizza/comments/3ewsg3/so_i_didnt_get_to_reward_that_redditor_the_other/

quote:

[�]mrquandary 15 points 12 hours ago

I once tried to get flowers delivered to a girl in a different country. Proved to be very difficult. I ended up asking a friend to sort it and I'd pay them back at a later date.
I never thought of bitcoin but can't imagine many places accepting it.

Interflora?

# ? Jul 29, 2015 19:42

text editor: Jan 8, 2007

JamesieAB posted:

Redditor in UK wants to buy US redditor pizza, gets drunk and buys over $500 worth of bitcoins and ends up giving away Papa Johns for anyone on reddit that wants some.

https://np.reddit.com/r/RandomActsOfPizza/comments/3ewsg3/so_i_didnt_get_to_reward_that_redditor_the_other/

Interflora?

shoulda started his story with "the year was 1998," because thats like the last time it wasnt possible to send flowers to any place on earth

# ? Jul 29, 2015 21:16

Palpek: Dec 27, 2008; Do you feel it, Zach?
My coffee warned me about it.

JamesieAB posted:

Redditor in UK wants to buy US redditor pizza, gets drunk and buys over $500 worth of bitcoins

isn't this like 2 bitcoins

# ? Jul 29, 2015 21:27

divabot: Jun 17, 2015; A polite little mouse!

OH MY GOD YOU GUYS jstolfi IS ACTUALLY MANUELA

# ? Jul 29, 2015 21:29

ellie the beep: Jun 15, 2007; Vaginas, my subject.
Plane hulls, my medium.

divabot posted:

OH MY GOD YOU GUYS jstolfi IS ACTUALLY MANUELA

who is manuela? the link goes to a claim they're satoshi (pbuh)

# ? Jul 29, 2015 21:31

divabot: Jun 17, 2015; A polite little mouse!

Edminster posted:

who is manuela? the link goes to a claim they're satoshi (pbuh)

Sir has evidently not read the THREAD TITLE.

# ? Jul 29, 2015 22:12

ellie the beep: Jun 15, 2007; Vaginas, my subject.
Plane hulls, my medium.

divabot posted:

Sir has evidently not read the THREAD TITLE.

thread title only mentions a maria-teresa. is that her girlfriend or something?

# ? Jul 29, 2015 22:28

Sham bam bamina!: Nov 6, 2012; ƨtupid cat

Edminster posted:

who is manuela? the link goes to a claim they're satoshi (pbuh)

Edminster posted:

thread title only mentions a maria-teresa. is that her girlfriend or something?

hoo boy

# ? Jul 29, 2015 22:31

blugu64: Jul 17, 2006; Do you realize that fluoridation is the most monstrously conceived and dangerous communist plot we have ever had to face?

pull up pull up pull up

# ? Jul 29, 2015 22:49

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

おの

# ? Jul 29, 2015 22:52

JamesieAB: Nov 5, 2005

Palpek posted:

isn't this like 2 bitcoins

And to think that he would be worth millions next year, oh well.

# ? Jul 29, 2015 23:05

Robawesome: Jul 22, 2005

Before you use Purse.io: A few things everyone should know (self.Bitcoin)

submitted 6 minutes ago by imaginary_username

There seems to be quite a few threads singing the praises of Purse.io recently, along with the usual detractors screaming they're nothing but pure scam. As a long-time user of Purse (20+ purchases), I feel like people should know a few things before they decide to either jump in or stay away from it forever.

First the basics:

1. Yes, there are scammers on Purse. Quite a few of them, actually.

2. No, Purse is not all scam - the majority of its buyers aren't - and you can minimize your risk by knowing what you're doing.

What are those things one should know, you ask? Here are a few that I've gathered from my experience and the news/rumors.

1. As long as you're okay with just 5% discount, PurseInstant is generally safe. Purse.io becomes a real middleman here, ordering your stuff and buying your bitcoins, and assume all the risk. Do note, however, that the 5% might or might not be worth it if you come straight from fiat -> BTC -> Purse, as your fiat conversion can take a while, and BTC price fluctuations can be unpredictable.

2. The flagship paste-your-wishlist "exchange" is, of course, where the big discounts are at. First thing first, do not buy gift cards, you will get scammed. The reason: Gift cards are instant-transfer, it doesn't allow time for fraud detection: By the time Amazon/CC company detects fraud and revokes the gift card, your coins are already in someone else's hands. Shipping delays and shipping time is what makes fraud detection possible. I repeat, do not buy gift cards on Purse.

3. Cancellations happen, and it's not necessarily fraud. I've had a few people cancel because it turned out the item ships from Asia, and will take excessively long time to arrive (translation: will take a long time for them to get their coins). They were nice enough to tell me that, that's how I know.

4. Think like a purchaser. Think of what you've seen on Localbitcoins, and the kind of discount people are willing to give to get BTC. Do you really think anyone who's not a fraudster is going to give you a 50% discount for BTC? Be reasonable. I generally ask for 20% - pushing the limits but not improbable on LBC - and had no troubles getting my orders through at all.

5. Sometimes orders are cancelled because the other side was cancelled - and it looks like the other side was a scammer and got caught. That's okay, it's a good sign: the system works. Just put it up again, perhaps with a little less discount.

6. If you are really paranoid about black vans busting down your door (so far happened exactly once), ship to a public address. (office, receiving service etc.)

7. If you encounter an actual scammer who was somehow not caught in transit, was notified by Purse (perhaps for a return): Just follow instructions, relax, you'll be fine. That has not happened to me, but I did hear it happen to someone else. My impression is that it happens very rarely, but it doesn't hurt to know that exists.

What do I think about the scamming situation in Purse.io, personally? Craiglist is full of scammers, yet people use it everyday - and people are generally adviced to be savvy against scams. Purse is no different, and from what I see there are a lot less scammers on Purse than Craigslist.

If you're savvy enough to use Craigslist, you're savvy enough to use Purse. Know what you're doing, and you'll be fine.

Thanks for reading, and feel free to suggest additional points.

# ? Jul 29, 2015 23:41

Underwear: May 13, 2006

Robawesome posted:

Before you use Purse.io: A few things everyone should know (self.Bitcoin)

submitted 6 minutes ago by imaginary_username

There seems to be quite a few threads singing the praises of Purse.io recently, along with the usual detractors screaming they're nothing but pure scam. As a long-time user of Purse (20+ purchases), I feel like people should know a few things before they decide to either jump in or stay away from it forever.

First the basics:

1. Yes, there are scammers on Purse. Quite a few of them, actually.

2. No, Purse is not all scam - the majority of its buyers aren't - and you can minimize your risk by knowing what you're doing.

What are those things one should know, you ask? Here are a few that I've gathered from my experience and the news/rumors.

1. As long as you're okay with just 5% discount, PurseInstant is generally safe. Purse.io becomes a real middleman here, ordering your stuff and buying your bitcoins, and assume all the risk. Do note, however, that the 5% might or might not be worth it if you come straight from fiat -> BTC -> Purse, as your fiat conversion can take a while, and BTC price fluctuations can be unpredictable.

2. The flagship paste-your-wishlist "exchange" is, of course, where the big discounts are at. First thing first, do not buy gift cards, you will get scammed. The reason: Gift cards are instant-transfer, it doesn't allow time for fraud detection: By the time Amazon/CC company detects fraud and revokes the gift card, your coins are already in someone else's hands. Shipping delays and shipping time is what makes fraud detection possible. I repeat, do not buy gift cards on Purse.

3. Cancellations happen, and it's not necessarily fraud. I've had a few people cancel because it turned out the item ships from Asia, and will take excessively long time to arrive (translation: will take a long time for them to get their coins). They were nice enough to tell me that, that's how I know.

4. Think like a purchaser. Think of what you've seen on Localbitcoins, and the kind of discount people are willing to give to get BTC. Do you really think anyone who's not a fraudster is going to give you a 50% discount for BTC? Be reasonable. I generally ask for 20% - pushing the limits but not improbable on LBC - and had no troubles getting my orders through at all.

5. Sometimes orders are cancelled because the other side was cancelled - and it looks like the other side was a scammer and got caught. That's okay, it's a good sign: the system works. Just put it up again, perhaps with a little less discount.

6. If you are really paranoid about black vans busting down your door (so far happened exactly once), ship to a public address. (office, receiving service etc.)

7. If you encounter an actual scammer who was somehow not caught in transit, was notified by Purse (perhaps for a return): Just follow instructions, relax, you'll be fine. That has not happened to me, but I did hear it happen to someone else. My impression is that it happens very rarely, but it doesn't hurt to know that exists.

What do I think about the scamming situation in Purse.io, personally? Craiglist is full of scammers, yet people use it everyday - and people are generally adviced to be savvy against scams. Purse is no different, and from what I see there are a lot less scammers on Purse than Craigslist.

If you're savvy enough to use Craigslist, you're savvy enough to use Purse. Know what you're doing, and you'll be fine.

Thanks for reading, and feel free to suggest additional points.

not just a river in egypt

# ? Jul 30, 2015 00:47

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

https://blockchain.info/address/1HZwkjkeaoZfTSaJxDw6aKkxp45agDiEzN

# ? Jul 30, 2015 00:55

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

surebet posted:

https://blockchain.info/address/1HZwkjkeaoZfTSaJxDw6aKkxp45agDiEzN

lol

# ? Jul 30, 2015 00:57

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

Wifes warped sense of humour. (self.Bitcoin)
submitted 3 hours ago by bell2366
Knowing i'm about to invest a significant sum of money in bitcoin, my wife thought it would be a jolly wheeze to wake me up this morning and say "It's all over the news, bitcoins gone up 300%, you've missed the boat!"
After coming close to losing it when I found she was joking, it did make me realise just how much I believe in bitcoin and exactly how much I would kick myself if I missed out on it!

[�]btcforme2 2 points 2 hours ago
HAHAHAHA!

# ? Jul 30, 2015 01:01

theflyingexecutive: Apr 22, 2007

is there an easy way to track reddit post histories so we can chart the lows and lows of a particular individual's fanaticism?

# ? Jul 30, 2015 01:10

blugu64: Jul 17, 2006; Do you realize that fluoridation is the most monstrously conceived and dangerous communist plot we have ever had to face?

surebet posted:

Wifes warped sense of humour. (self.Bitcoin)
submitted 3 hours ago by bell2366
Knowing i'm about to invest a significant sum of money in bitcoin, my wife thought it would be a jolly wheeze to wake me up this morning and say "It's all over the news, bitcoins gone up 300%, you've missed the boat!"
After coming close to losing it when I found she was joking, it did make me realise just how much I believe in bitcoin and exactly how much I would kick myself if I missed out on it!

[�]btcforme2 2 points 2 hours ago
HAHAHAHA!

a desperate cry for help

# ? Jul 30, 2015 01:10

Sentient Data: Aug 31, 2011; My molecule scrambler ray will disintegrate your armor with one blow!

A) about to? If you decided to actually do it, what are you waiting for? The house to sell?

B) lol if you think anything less than maybe 10k% would hit the actual news instead of reddit and blogs

C) double lol if you think another bubble would STOP people from jumping on the bandwagon again

# ? Jul 30, 2015 01:12