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Platystemon)
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other people posted:Okay i give up. how do these crypto currencies work as far as securing them and proving who owns which wallet? did users give opensea their wallet key/password for some convenience or other reason? Otherwise I can't understand why the site being hacked leads to people losing their money. Tldr; anyone can send anyone anything and then even interacting with it in your wallet to see what it is can run arbitrary code that does almost anything It's like phishing but wild west as far as very easy to make it look legit and most people aren't very informed
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Feb 20, 2022 19:51
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mistermojo posted:but can you even cash these things out. I guess you could spend the ethereum on pizza and tesla apps or something The hacker has sold the pieces he stole for about $700k worth of Ethereum last I checked.
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Feb 20, 2022 19:53
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I don’t really know how open sea does it, but for most exchanges your wallet is online and hosted by the exchange. You can have your own offline wallet but it’s probably too technical for most people.
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Feb 20, 2022 19:55
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mistermojo posted:but can you even cash these things out. I guess you could spend the ethereum on pizza and tesla apps or something to cash out all you have to do is mint a worthless ape NFT then pay some idiot on twitter with a bunch of followers to say its awesome and catch a whale. its kind of like being a mobile game developer
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Feb 20, 2022 20:01
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How many gallons of milk is an ethereum worth
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Feb 20, 2022 20:04
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how many bolts of cloth how many yards of linen
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Feb 20, 2022 21:24
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mistermojo posted:but can you even cash these things out. I guess you could spend the ethereum on pizza and tesla apps or something Sure. Sell the apes for crypto, convert the crypto to a stablecoin, then convert the stablecoin to cash. The trick is how to do that without immediately showing up on the radar of the IRS and FBI.
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Feb 20, 2022 21:38
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I mean as long as you pay your taxes on the income would the IRS or FBI even care?
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Feb 20, 2022 22:59
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Kitfox88 posted:I mean as long as you pay your taxes on the income would the IRS or FBI even care? IRS, no. FBI, sometimes! It's random!
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Feb 20, 2022 23:02
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other people posted:Okay i give up. how do these crypto currencies work as far as securing them and proving who owns which wallet? did users give opensea their wallet key/password for some convenience or other reason? Otherwise I can't understand why the site being hacked leads to people losing their money. Yeah you give your wallet key & password out to a million different unrelated websites so they can act on your behalf. It's like how your bank has to have your bank username and password, because they need that for you to be able to do banking on their website, they're your bank! But there is no bank, with crypto. So if you want to do banking somewhere, you gotta give that site the credentials necessary for banking. But also because the ethereum blockchain is just a virtual machine that can move assets around in arbitrary ways based on code placed in the blockchain, it's possible for scams to link you to your own banking website where you'll receive an OK button that, if you click it, transfers all your apes to the attacker. This is considered a legitimate use of the banking website. There's often enough information displayed to realize clicking the OK button is a bad idea, but not always, and anyway there's no way of undoing it, so all you have to do is make someone think they're in a race to hit the OK button and you can trick a lot of people who then have no recourse. Since most "investments" are also scams, they're just different kinds of scams, even "legitimate" exchanges may be trying to rush you in the same way a more straightforward scammer does. So you might engage in 5 transactions and the last one, which plays out exactly the same way, steals all your currency and the product from the last 4 transactions. The entire system is built in opposition to literally everything that's ever been done to try and make online banking vaguely safe.
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Feb 20, 2022 23:11
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reporting this thread to the IBS
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Feb 20, 2022 23:29
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Ruffian Price posted:In Russia, nothing is just game. If you die in Russia you die in real life.
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Feb 21, 2022 00:11
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30.5 Days posted:Yeah you give your wallet key & password out to a million different unrelated websites so they can act on your behalf. It's like how your bank has to have your bank username and password, because they need that for you to be able to do banking on their website, they're your bank! But there is no bank, with crypto. So if you want to do banking somewhere, you gotta give that site the credentials necessary for banking. But also because the ethereum blockchain is just a virtual machine that can move assets around in arbitrary ways based on code placed in the blockchain, it's possible for scams to link you to your own banking website where you'll receive an OK button that, if you click it, transfers all your apes to the attacker. This is considered a legitimate use of the banking website. copying my post from the cryptocurrency thread duz posted:in this currency of the future, one of these is legit and the other is a scam to steal all your apes
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Feb 21, 2022 00:41
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lmao https://twitter.com/moonpolysoft/status/1495445085894311938?s=20&t=frAdT1xYfzc4hUD3gR6UZA
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Feb 21, 2022 00:57
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If I didn't want to lose money in an proudly unregulated market that basically popped up overnight I simply would not put my money in it.
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Feb 21, 2022 01:03
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All I wanted was to scam some bigger sucker but now all my money is gone! Ayn Rand never mentioned this part!! - 
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Feb 21, 2022 01:09
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Kitfox88 posted:I mean as long as you pay your taxes on the income would the IRS or FBI even care? They don't give a poo poo about small-time scammers, but the US government is oddly efficient at tracking-down the big heists.
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Feb 21, 2022 01:19
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Nothus posted:They don't give a poo poo about small-time scammers, but the US government is oddly efficient at tracking-down the big heists. Where did all that cash taken to Iraq go then?
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Feb 21, 2022 01:27
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Inceltown posted:Where did all that cash taken to Iraq go then?
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Feb 21, 2022 02:43
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Inceltown posted:Where did all that cash taken to Iraq go then? "nation building"
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Feb 21, 2022 02:48
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Nothus posted:They don't give a poo poo about small-time scammers, but the US government is oddly efficient at tracking-down the big heists. Oh so it’s because you scammed someone and got cash out of it, not because you made stacks
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Feb 21, 2022 03:03
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Nothus posted:They don't give a poo poo about small-time scammers, but the US government is oddly efficient at tracking-down the big heists. is this even illegal? I legitimately do not know
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Feb 21, 2022 03:37
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Shalebridge Cradle posted:is this even illegal? I legitimately do not know I'm guessing as soon as you convert your booty to USD it becomes some kind of wire fraud.
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Feb 21, 2022 03:51
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Kitfox88 posted:I mean as long as you pay your taxes on the income would the IRS or FBI even care? NFT types are extremely mad about taxes ime
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Feb 21, 2022 04:03
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Biplane posted:@shrecknet is a good as all hell twitname Cryptogoons have all of the good looks of a Nosferatu and none of the tech savvy. Checks out!
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Feb 21, 2022 06:15
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duz posted:copying my post from the cryptocurrency thread thank you for the posts explaining this stupid poo poo. and go on, which pic is the scam? I guess the second one
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Feb 21, 2022 10:23
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Associate Christ
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trick question, they're both scams
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Feb 21, 2022 10:37
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cowboy
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cat botherer posted:In literally just this last week, recruiters for a fuckton of VR startups have been just blowing up my Linkedin for some godforsaken reason. All of them, even the ones that aren't Meta, have the same loving Nintendo Mii avatars with no legs and often floating hands. What is the deal with that? They could instantly make it less unappealing by not doing that. Sounds like an opportunity to moonlight, get nothing done, and get a bonus paycheck or two.
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Feb 21, 2022 13:38
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Inceltown posted:Where did all that cash taken to Iraq go then?
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Feb 21, 2022 14:44
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other people posted:thank you for the posts explaining this stupid poo poo. the second one, apparently its offering to pay you 0eth if you accept it for the details you would have to read the contract and remember it is written in solidity which was created for the blockchain
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Feb 21, 2022 16:00
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just learned about this. some of these people are making millions (maybe even tens of millions with the top few, the sites pay them a ton to play on there, and may even refund incurred losses) a year  they move to canada to avoid dealing with US internet gambling lawshttps://www.inputmag.com/culture/twitch-crypto-slots-gambling-casino-streamers
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Feb 21, 2022 17:32
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Feb 22, 2022 19:46
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Cyberpunk AF
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Feb 23, 2022 04:34
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https://twitter.com/AssociatedPress/status/1496923419799015443
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Feb 24, 2022 23:47
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Making e-pogs out of human misery. Very cool.
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Feb 24, 2022 23:51
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Line Feed posted:Making e-pogs out of human misery. Very cool. monetizing the rot
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Feb 24, 2022 23:52
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Bored Lesbos yacht club
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Feb 25, 2022 00:00
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HootTheOwl posted:Sounds like an opportunity to moonlight, get nothing done, and get a bonus paycheck or two.
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Feb 25, 2022 00:05
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Gone already
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Feb 25, 2022 02:49
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Inceltown posted:Gone already I assume it is this https://twitter.com/web3isgreat/status/1496988246190047239
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Feb 25, 2022 02:52
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