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Papa Was A Video Toaster
Jan 9, 2011





I would blow Dane Cook posted:

In the New Zealand Mosque shooter's Manifesto he said he made money from Bitconnect.

I loooooove Bitconneeeeeeeeeeeect

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xtal
Jan 9, 2011

by Fluffdaddy

McGiggins posted:

Real talk, has there been any actual real attempt to set up an actual non-illegal marketplace for like food and poo poo with any coins?

Butters always harp about currency, butt (lmao) where is the actual legit marketplace for wherein legal commerce may take place? Is there even any real reason to make such a thing?

No one is paid wages in butts (if only) and therefor its moving cash into butts, at a loss, to buy food, likely at higher prices. Where is the viability?

Many, maybe you would like https://openbazaar.org/.

Also remember that darknet markets, including Silk Road, don't tend to be restricted to drugs, they merely permit them. There were (in honesty, much smaller) sections for books, artwork, collectibles and so on.

xtal fucked around with this message at 07:17 on Mar 15, 2019

Kerbtree
Sep 8, 2008

BAD FALCON!
LAZY!

xtal posted:

Many, maybe you would like https://openbazaar.org/.

Also remember that darknet markets, including Silk Road, don't tend to be restricted to drugs, they merely permit them. There were (in honesty, much smaller) sections for books, artwork, collectibles and so on.

:airquote: artwork :airquote:

oohhboy
Jun 8, 2013

by Jeffrey of YOSPOS
You could pay Steam with Bitcoin for about a month before they said :lol: NOPE. One of the big things that killed it beyond the volatility was that the transaction fees were higher than the game's price.

Pikehead
Dec 3, 2006

Looking for WMDs, PM if you have A+ grade stuff
Fun Shoe

McGiggins posted:

Real talk, has there been any actual real attempt to set up an actual non-illegal marketplace for like food and poo poo with any coins?

Butters always harp about currency, butt (lmao) where is the actual legit marketplace for wherein legal commerce may take place? Is there even any real reason to make such a thing?

No one is paid wages in butts (if only) and therefor its moving cash into butts, at a loss, to buy food, likely at higher prices. Where is the viability?

Dominos in australia allowed payment via Bitcoin. Then they didn't.

mike12345
Jul 14, 2008

"Whether the Earth was created in 7 days, or 7 actual eras, I'm not sure we'll ever be able to answer that. It's one of the great mysteries."





I would blow Dane Cook posted:

In the New Zealand Mosque shooter's Manifesto he said he made money from Bitconnect.

dude seems like a broke-brained meme troll, so probably bs

The Kins
Oct 2, 2004

oohhboy posted:

You could pay Steam with Bitcoin for about a month before they said :lol: NOPE. One of the big things that killed it beyond the volatility was that the transaction fees were higher than the game's price.
Yeah, here's the blog post from 2017

quote:

In the past few months we've seen an increase in the volatility in the value of Bitcoin and a significant increase in the fees to process transactions on the Bitcoin network. For example, transaction fees that are charged to the customer by the Bitcoin network have skyrocketed this year, topping out at close to $20 a transaction last week (compared to roughly $0.20 when we initially enabled Bitcoin). Unfortunately, Valve has no control over the amount of the fee. These fees result in unreasonably high costs for purchasing games when paying with Bitcoin. The high transaction fees cause even greater problems when the value of Bitcoin itself drops dramatically.

Historically, the value of Bitcoin has been volatile, but the degree of volatility has become extreme in the last few months, losing as much as 25% in value over a period of days. This creates a problem for customers trying to purchase games with Bitcoin. When checking out on Steam, a customer will transfer x amount of Bitcoin for the cost of the game, plus y amount of Bitcoin to cover the transaction fee charged by the Bitcoin network. The value of Bitcoin is only guaranteed for a certain period of time so if the transaction doesn’t complete within that window of time, then the amount of Bitcoin needed to cover the transaction can change. The amount it can change has been increasing recently to a point where it can be significantly different.

The normal resolution for this is to either refund the original payment to the user, or ask the user to transfer additional funds to cover the remaining balance. In both these cases, the user is hit with the Bitcoin network transaction fee again. This year, we’ve seen increasing number of customers get into this state. With the transaction fee being so high right now, it is not feasible to refund or ask the customer to transfer the missing balance (which itself runs the risk of underpayment again, depending on how much the value of Bitcoin changes while the Bitcoin network processes the additional transfer).
I forget the exact service they were using, but it was one of those ones that handles all the bitcoins for the merchant and gives them Actual Money so they never have to actually touch butts.

oohhboy
Jun 8, 2013

by Jeffrey of YOSPOS
:lol: the comments. Some barely veiled marketing for an exchange or some other butts. None addresses why they dumped it. $0.5 transaction fee which is no doubt a lie and itself is volatile. None acknowledge having to comply with consumer laws hence the charging backwards and forwards making refunds the poo poo show. Transaction speed while not mentioned directly is via the price window nor the volatility making pricing near impossible.

I wonder why they even started other than the roundabout possibility of encouraging purchases. They are a private company so they don't need to pump the share price. drat butts are so terrible even if you get someone else to touch it for you all the real money is covered in poo poo.

Talked to a friend on an occasion about butts and I told them if I was to ever take a butt as payment I would demand 5 - 10x butts than cash. Paying with actual poo poo at minimum has the utility of making fertiliser or a truck for Biff to drive into.

The Kins
Oct 2, 2004

oohhboy posted:

I wonder why they even started other than the roundabout possibility of encouraging purchases. They are a private company so they don't need to pump the share price. drat butts are so terrible even if you get someone else to touch it for you all the real money is covered in poo poo.
They'd already built systems for working with specialist payment processors for weird things like Japan's Kombini so it probably didn't take a huge amount of work on their end, and being a company full of programmers and nerds there were probably a few people there with at least a vague interest that hadn't yet been crushed by reality. Also: Probably a lot of requests, from more people than likely actually used the feature if Humble Bundle's integration efforts were any indication.

Mr.PayDay
Jan 2, 2004
life is short - play hard
https://www.newsbtc.com/2019/02/06/ceo-who-held-150m-in-crypto-died-in-a-region-known-for-having-a-fake-death-mafia/

The whole Quadriga CEO fake death and run away with xxx million fiasco is hilarious.
And I still try to find empathy towards the people who lost their life savings there (https://youtu.be/X6-T8fn-sCM)...

Also:

Play
Apr 25, 2006

Strong stroll for a mangy stray

El_Elegante posted:

I’m curious to know the viability of Zimbabwean banknotes as a laundering method.

It's not a laundering method, it's a bitcoin-adjacent conspiracy theory that believes the Zimbabwean dollar will somehow magically become equal to real dollars by an act of Congress or something, thus making the proud owners billionaires+ overnight

Somehow it's even nuttier than bitcoin.

Norton the First
Dec 4, 2018

by Fluffdaddy

Play posted:

It's not a laundering method, it's a bitcoin-adjacent conspiracy theory that believes the Zimbabwean dollar will somehow magically become equal to real dollars by an act of Congress or something, thus making the proud owners billionaires+ overnight

Somehow it's even nuttier than bitcoin.

I think that's Iraqi dinars, unless they're the same wacky scam.

poverty goat
Feb 15, 2004



Norton the First posted:

I think that's Iraqi dinars, unless they're the same wacky scam.

for what it's worth I checked the markets earlier and there are no iraqi dinars or zimbabwe dollars for sale on the main market. There are, however, counterfeit kuwaiti/jordanian dinars for sale, which at least sounds like a plausible component of a money laundering scheme

Play
Apr 25, 2006

Strong stroll for a mangy stray

poverty goat posted:

for what it's worth I checked the markets earlier and there are no iraqi dinars or zimbabwe dollars for sale on the main market.

That's HOW you know everyone wants them CAN"T YOU SEE??! BUY BUY BUY

Rev. Dr. Moses P. Lester
Oct 3, 2000
https://decryptmedia.com/5898/inside-spankchain-ameen-soleimani-ethereum

Only registered members can see post attachments!

fisting by many
Dec 25, 2009



Okay but I'm not sure what Mazlow's hierarchy of needs has to do with bitcoin

divabot
Jun 17, 2015

A polite little mouse!

sorry, already been done over at the green thread

empty whippet box posted:

I was just in jail for ten days and this was in the criminal legal newsletter and i tore it out and brought it home so i could post it here, you are welcome.



somebody finally said it, we can all go home now

Burt Sexual
Jan 26, 2006

by Jeffrey of YOSPOS
Switchblade Switcharoo

MarcusSA posted:

Or you could just use a P.O. Box :shrug:

Love getting packages addressed to my completely untraceable P.O. Box labeled “Drugs inside. Do not open!”

CannonFodder
Jan 26, 2001

Passion’s Wrench

Burt Sexual posted:

Love getting packages addressed to my completely untraceable P.O. Box labeled “Drugs inside. Do not open!”

Mitch Hedberg said it best.

"I like the Fed Ex driver because he's a drug dealer and he don't even know it."

Veni Vidi Ameche!
Nov 2, 2017

by Fluffdaddy
http://bitgear.co/

Nearly everything has a "SALE" tag on it, and every single item is 404.

I sort-of recognized the address, because I used to live in that area, so I poked around on Google Maps. The building Bitgear lists as its address is a little stucco house with a sign on the front which reads, "PhysicalAddress.com."

CaptainSarcastic
Jul 6, 2013



Veni Vidi Ameche! posted:

http://bitgear.co/

Nearly everything has a "SALE" tag on it, and every single item is 404.

I sort-of recognized the address, because I used to live in that area, so I poked around on Google Maps. The building Bitgear lists as its address is a little stucco house with a sign on the front which reads, "PhysicalAddress.com."

Nothing screams legitimacy like "PhysicalAddress.com."

Mimesweeper
Mar 11, 2009

Smellrose

CaptainSarcastic posted:

Nothing screams legitimacy like "PhysicalAddress.com."

Get with the times grandpa, everything is on the internet now. It's right in the name, physical address, but dot com!

CaptainSarcastic
Jul 6, 2013



Mimesweeper posted:

Get with the times grandpa, everything is on the internet now. It's right in the name, physical address, but dot com!

PhysicalAddress.com LLC Response
11/07/2017

Client is unhappy because they were unaware of the United State Postal Service requirement even though we communicated that fact on our FAQ page and in several emails sent immediately after signing up. Client is also unhappy that we were forced to returned to sender (per ****** ****** ****** ******* Requirements) any mail received on behalf of the client because they refused to complete required **** form.



Client signed up on October 17, 2017. Client was unwilling to complete the required ****** ****** ****** ******* **** form. We clearly state, on our Frequently Asked Question (FAQ) page, that this form needs to be completed before we can process a client’s mail. It is the first item on the FAQ page.



After the client finished the sign up process, our system automatically sent them an email with a pre-populated **** form attached and details on how to complete it. That email also contains a verification code that is required to activate the account. We know the client received and read this email because they used the verification code to activate the account a few minutes after they completed the sign up process on Oct 17. We also sent a welcome email a few minutes later, and followed it up with a phone call. The welcome email reiterates the **** **** form requirement. In this case, the welcome email was sent six minutes after the client signed up.



We reach out to the client multiple times requesting that they complete **** **** form so that we can process any mail we receive on their behalf.



Client called and cancelled service on Friday November 3, 2017. We immediately refunded the client.



We have had a number of correspondences with the client. The client has accused us of not making them aware of the **** **** requirement until we received mail for them a few weeks after signing up. This is simply not true. It is the first item on our FAQ page, and we sent them two emails the day they signed up making them aware of this fact. We know they read at least one of them because it contains the verification code to activate the account. The client has also accused us of sending their mail to an address they did not authorize. What they are referring to, is us giving their mail back to the postal carriers and asking them to return the mail to sender because the client did not complete the required ****** ****** ****** ******* **** form.



On the complaint, the client says the disputed amount is $7.00. This amount is confusing given that the amount we charged the client on the day they signed up (Oct 17, 2017) was $28.98. We refunded the $28.98 on Nov 3 — the day the canceled.



We are not sure what we could have done differently. The **** **** requirement is posted on our FAQ. If a client does not read the FAQ, we make them aware right after signing up with two emails and a phone call. We offer a 30-day money-back-guarantee. We refunded the client immediately upon cancelling. We returned any mail received for the client per **** requirements. The client had received three items, per her request, on Nov 6 we gave her the names of the three senders so she could contact the senders and have the mail redelivered to her chosen address.



If need be, we can provide supporting evidences for all of the above.

Mumpy Puffinz
Aug 11, 2008
Nap Ghost
Bitcoin!

norp
Jan 20, 2004

TRUMP TRUMP TRUMP

let's invade New Zealand, they have oil

CaptainSarcastic posted:

PhysicalAddress.com LLC Response
11/07/2017


Client signed up on October 17, 2017. Client was unwilling to complete the required ****** ****** ****** ******* **** form. We clearly state, on our Frequently Asked Question (FAQ) page, that this form needs to be completed before we can process a client’s mail. It is the first item on the FAQ page.



What's with the seemingly innocuous things like the form name being redacted?

MrUnderbridge
Jun 25, 2011

norp posted:

What's with the seemingly innocuous things like the form name being redacted?

Not as innocuous as you think. The USPS has forms titled "gently caress poo poo Hitlers remaining ball" (address forwarding form) and "dog dick coffee table" (for having your mail held while on vacation).

Mumpy Puffinz
Aug 11, 2008
Nap Ghost

MrUnderbridge posted:

"dog dick coffee table"

how the hell did you get my mailing address!

Laslow
Jul 18, 2007
It’s form PS 1093-C. Totally classified stuff.

Rubellavator
Aug 16, 2007

Laslow posted:

It’s form PS 1093-C. Totally classified stuff.

Jesus are you trying to get the feds to visit lowtax again?

divabot
Jun 17, 2015

A polite little mouse!
my bitcoin nazi piece in foreign policy is up.

my favourite sentence:

quote:

One neo-Nazi podcaster found a credit card processor that was fine with the content of his show but said he was untouchable for another reason: He was considered a money laundering risk because he dealt in cryptocurrency.

(Cantwell, who just managed the amazing achievement of getting himself kicked off Gab)

By popular demand
Jul 17, 2007

IT *BZZT* WASP ME--
IT WASP ME ALL *BZZT* ALONG!


How the gently caress does a Nazi get kicked out of gab?

Rev. Dr. Moses P. Lester
Oct 3, 2000
Cryptocurrencies: so bad even Nazis won't touch them

AkumaHokoru
Jul 20, 2007

By popular demand posted:

How the gently caress does a Nazi get kicked out of gab?

some people attract the wrong kind of attention. (cantwell attracted fed attention and I think doxxed another right winger)

orange juche
Mar 14, 2012



divabot posted:

my bitcoin nazi piece in foreign policy is up.

my favourite sentence:


(Cantwell, who just managed the amazing achievement of getting himself kicked off Gab)

Thank goodness my org has a business subscription to the FP website so I never get paywalled, good article.

Splicer
Oct 16, 2006

from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

divabot posted:

bitcoin nazi
But you repeat yourself.

divabot
Jun 17, 2015

A polite little mouse!

By popular demand posted:

How the gently caress does a Nazi get kicked out of gab?

this text followed by this text did the trick

he joins weev and the concept of lolicon

divabot
Jun 17, 2015

A polite little mouse!

orange juche posted:

Thank goodness my org has a business subscription to the FP website so I never get paywalled, good article.

private browsing is your friend

orange juche
Mar 14, 2012



divabot posted:

private browsing is your friend

That works on that site? neat.

Powered Descent
Jul 13, 2008

We haven't had that spirit here since 1969.

divabot posted:

private browsing is your friend

Honestly, in this day and age you're a little crazy if you don't use a cookie-clearing extension. That'll handily defeat those sites that count the number of articles you're looked at.

Rather than going on my usual paranoid rant about all this, I'll just drop a link to privacytools.io. The only recommendation on that site that I disagree with is the Brave web browser, whose devs tried to use it to promote their own special cryptocurrency.
:negative:

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By popular demand
Jul 17, 2007

IT *BZZT* WASP ME--
IT WASP ME ALL *BZZT* ALONG!


divabot posted:

this text followed by this text did the trick

he joins weev and the concept of lolicon

Now, I'm definitely not telling all you right wing guys to smash your dicks to a bloody pulp, but should you decide to against my recommendations might I draw your attention to Dicksmasher 7000 line of industrial vises?

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