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Vincent Van Goatse
Nov 8, 2006

Enjoy every sandwich.

Smellrose

jimmyjams posted:

did you know that with porno nfts. you can use multiple spurt juices on a single gape

porno nfts, you say?

https://www.youtube.com/watch?v=FFNSdSe4-8w

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evilweasel
Aug 24, 2002

HappyHippo posted:

Meanwhile, BlockFi, which also has 3AC exposure, got a $250 million loan from FTX so they can pretend everything's fine for a while longer:

https://twitter.com/BlockFiZac/status/1539216594383028224

Edit: Also some pro tier doublespeak here:
https://twitter.com/BlockFiZac/status/1539216595729453056

The "proceeds" of the loan are "intended to be" subordinate to client's accounts. Translation: if BlockFi goes tits up, FTX gets paid back before BlockFi's clients.

the proceeds of the loan aren't subordinate to anything. they are dollars. what they should be saying (and are not, lawl) is that the debt created by drawing on the revolver is contractually subordinated to "customer" debt

and, of course, there are many loopholes built in because if it gets to that point, the attempt to calm the market failed and FTX would like its money back, please

HappyHippo
Nov 19, 2003
Do you have an Air Miles Card?

Sydney Bottocks posted:

If there's anything the last decade or so should have taught us, it's that there are few if any arguments that morons can be refuted by, so you're better off just telling them to get bent because that's clear and concise language they can definitely understand

What I'm trying to say is, if you tell them you think it's a scam, you're just inviting them to try and prove to you that it's not. If you just say "I'm not interested right now for personal reasons that I'd rather not discuss," there's no refuting that. Just kill the conversation.

HappyHippo
Nov 19, 2003
Do you have an Air Miles Card?

evilweasel posted:

the proceeds of the loan aren't subordinate to anything. they are dollars. what they should be saying (and are not, lawl) is that the debt created by drawing on the revolver is contractually subordinated to "customer" debt

Yeah I think they're trying to make people believe the latter, without actually saying it because it would be false. I assume that this means FTX is first.

Serious_Cyclone
Oct 25, 2017

I appreciate your patience, this is a tricky maneuver

HappyHippo posted:

What I'm trying to say is, if you tell them you think it's a scam, you're just inviting them to try and prove to you that it's not. If you just say "I'm not interested right now for personal reasons that I'd rather not discuss," there's no refuting that. Just kill the conversation.

The latter is absolutely refutable in the MLMer's mind - they just need to get you to crack and tell them what the personal reason is, and they can work in their sales pitch as a solution to that problem, they'll never leave you alone about it. "This is a scam" tells them to move on to a target who is less skeptical.

evilweasel
Aug 24, 2002

HappyHippo posted:

What I'm trying to say is, if you tell them you think it's a scam, you're just inviting them to try and prove to you that it's not. If you just say "I'm not interested right now for personal reasons that I'd rather not discuss," there's no refuting that. Just kill the conversation.

your unwillingness to discuss can, in fact, be refuted by a well-crafted argument of annoying the everliving poo poo out of you until you crack

evilweasel
Aug 24, 2002

HappyHippo posted:

Yeah I think they're trying to make people believe the latter, without actually saying it because it would be false. I assume that this means FTX is first.

also it is blockfi saying the revolver is "intended to" be subordinate to things is pretty irrelevant because when that issue gets litigated, no court will care they said that

if FTX made the misleading statement perhaps you could effectively bind FTX to it notwithstanding the documents (though it would be an uphill battle)

Strong Sauce
Jul 2, 2003

You know I am not really your father.





https://twitter.com/ben_mckenzie/status/1539588398490460160

Serious_Cyclone
Oct 25, 2017

I appreciate your patience, this is a tricky maneuver

evilweasel posted:

your unwillingness to discuss can, in fact, be refuted by a well-crafted argument of annoying the everliving poo poo out of you until you crack

My father had to deal with an MLM neighbor who found out he had cancer, and wanted to sell him some vitamin milkshake bullshit to cure it. After he told the neighbor it was a scam and he had no interest, he got a neighborly "gently caress you", but we never heard from him again about his vitamagic nonsense.

Salt Fish
Sep 11, 2003

Cybernetic Crumb
Tell your neighbor god bless and please put your coins in their own wallet, sell them in 1 year and donate the proceeds to your favorite charity.

Dr. Video Games 0031
Jul 17, 2004


they've gotten their finances (of fake money) in order and will probably try to repel sudden downturns with more aggressive market manipulation techniques now, like what happened an hour ago.

Dr. Video Games 0031 fucked around with this message at 18:05 on Jun 22, 2022

steinrokkan
Apr 2, 2011



Soiled Meat

Technically once you've lost 60% of your value, whatever follows can't get worse, in absolute terms,

WorldIndustries
Dec 21, 2004

HappyHippo posted:

Meanwhile, BlockFi, which also has 3AC exposure, got a $250 million loan from FTX so they can pretend everything's fine for a while longer:



The "proceeds" of the loan are "intended to be" subordinate to client's accounts. Translation: if BlockFi goes tits up, FTX gets paid back before BlockFi's clients.

lol I'm sure more leverage will solve everything

OPAONI
Jul 23, 2021

Scratch Monkey posted:

The year is 2022. Fascists, sex creeps, and scammers all speak in a strange baby talk patois. We are truly in hell

The second I try to reckon with all the cruel absurdities in this world, I want to scream. I am with whoever tweeted that said the second I am forced to have a crypto wallet I am becoming the Joker.

Sydney Bottocks
Oct 15, 2004

HappyHippo posted:

What I'm trying to say is, if you tell them you think it's a scam, you're just inviting them to try and prove to you that it's not. If you just say "I'm not interested right now for personal reasons that I'd rather not discuss," there's no refuting that. Just kill the conversation.

As others have pointed out, "I'd rather not discuss it" is absolutely refutable in these people's minds. When someone is proselytizing, whether it's about religion or politics or buttcoins, anything other than words to the effect of "get the gently caress away from me with this bullshit" will only be viewed as an opportunity to double down.

PITY BONER
Oct 18, 2021

Sydney Bottocks posted:

As others have pointed out, "I'd rather not discuss it" is absolutely refutable in these people's minds. When someone is proselytizing, whether it's about religion or politics or buttcoins, anything other than words to the effect of "get the gently caress away from me with this bullshit" will only be viewed as an opportunity to double down.

This happened to me when I tried to get my friend to eat more fiber. I got ghosted for a while because I kept talking about beans. I guess she is anti-massive-shits. Her loss.

Flowers for QAnon
May 20, 2019

Wayback posted:

by all accounts it seems like it will probably be less about 'securing a gift for you and your family' than them getting referral bonuses for signing more people up.



This is the thing that pisses me off the most. These jerkoffs try to pretend they’re being helpful and altruistic, when it’s just them trying to enrich themselves off your involvement. These are legitimately poo poo people.

Foo Diddley
Oct 29, 2011

cat

Sydney Bottocks posted:

As others have pointed out, "I'd rather not discuss it" is absolutely refutable in these people's minds. When someone is proselytizing, whether it's about religion or politics or buttcoins, anything other than words to the effect of "get the gently caress away from me with this bullshit" will only be viewed as an opportunity to double down.

yeah you really need to forcefully end the conversation with people like this. just remember that "no" is a complete sentence, and so is "gently caress you"

drk
Jan 16, 2005

PITY BONER posted:

I got ghosted for a while because I kept talking about beans

An appropriate post for the bitcoin thread

Chinatown
Sep 11, 2001

by Fluffdaddy
Fun Shoe

jimmyjams posted:

did you know that with porno nfts. you can use multiple spurt juices on a single gape

id buy a BOOYAH!!! NFT

Verdugo
Jan 5, 2009


Lipstick Apathy

Tnuctip posted:

Yeah for those of us goons with neighbors that actually will talk to you it is tricky.

Just play up identity theft concerns, make up some poo poo about a past thing happening. Also what the hell is a crypto coin doing asking for know your customer regulations? Huge burning flag

Ok. "You're a good neighbor, and that's why I want to tell you: This sounds like a scam. Don't involve me."

Zwabu
Aug 7, 2006

Okay just off the top of my head here is a random list of terms that I’ve encountered exclusively or primarily through the world of crypto. FUD. Hodl. Strong hand weak hand paper hand etc. Moon. Rugpull. Defi. Nocoiner. I’m sure there’s a bunch that have come out with the advent of NFTs.

I’m assuming NFTs aren’t all priced at millions of dollars and there’s a range down to cheaper ones, but is the whole point of stuff like twenty million dollar ape NFTs to swing your big crypto dick around and show that you’re one of the players that made so much in crypto that you can afford to blow millions on an ape jpg, that you’re in the club?

Zil
Jun 4, 2011

Satanically Summoned Citrus




https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

quote:

LENEXA, KAN. — Hostess Brands, Inc. is launching a limited-edition snack called $TWINKcoin under its Twinkies snack cake brand. The new $TWINKcoin is a play on the current cryptocurrency frenzy and features coin-shaped cakes.

The cakes are similar to Twinkies in composition and flavor — featuring a vanilla sponge cake exterior and crème-filled interior — but have been made in a disc shape to mimic the shape of an enlarged coin.

The new $TWINKcoin snack cakes will be available at Walmart stores starting at the end of June for a limited time. They are distributed in boxes of 10 individually wrapped cakes at the suggested retail price of $3.49.


They had to know right, seriously, how did this make it past a committee?

Strong Sauce
Jul 2, 2003

You know I am not really your father.





Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?

lmao

Agents are GO!
Dec 29, 2004

Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?

PRODUCT ENLARGED TO SHOW DETAIL ;)

Cacator
Aug 6, 2005

You're quite good at turning me on.

Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?

I'm glad I can finally get cream filling from a twink

hot cocoa on the couch
Dec 8, 2009

Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?

lol no loving way

more falafel please
Feb 26, 2005

forums poster

Zwabu posted:

Okay just off the top of my head here is a random list of terms that I’ve encountered exclusively or primarily through the world of crypto. FUD. Hodl. Strong hand weak hand paper hand etc. Moon. Rugpull. Defi. Nocoiner. I’m sure there’s a bunch that have come out with the advent of NFTs.

I’m assuming NFTs aren’t all priced at millions of dollars and there’s a range down to cheaper ones, but is the whole point of stuff like twenty million dollar ape NFTs to swing your big crypto dick around and show that you’re one of the players that made so much in crypto that you can afford to blow millions on an ape jpg, that you’re in the club?

FUD was a common term before in tech circles at least.

Fish Appreciator
Nov 25, 2021

Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?

Something something pump and dump.

Blotto_Otter
Aug 16, 2013


Piggy Smalls posted:

In any event my neighbor called me excited that the coins went up to 70 something cents from 30 something cents. She told me that the exchange will occur June 30th and because my kids are minors they need to fill out a KYC form before the 30th. I need to provide my ID and other information that I honestly didn’t sign up to give. I never wanted this poo poo but I know there will be bad blood if I decline their help. At one point my neighbor had told me that he felt bad that I didn’t trust him so this situation will likely put him over the edge. What should I do?
One detail of this silly story I'm a bit fuzzy on: they're asking for your KYC info because you have minor kids, or they're asking for you to provide your kids' identifying info? Either request is dumb and bad, but one is way more dumberer and badder IMO

also, just to put this into record on the postchain: google takes me to nugencoin.org, which advertises you can stake your nuge coins and "receive 0.35% per day", which, if I'm doing my math right, works out an an APY of roughly 256% assuming you actually receive that each day and can compound it. So, uh, lol at anyone who does not think that "256% APY!!!1" is not prima facie evidence of a scam

Foo Diddley
Oct 29, 2011

cat

more falafel please posted:

FUD was a common term before in tech circles at least.

it dates back to the '70s when spreading Fear, Uncertainty, and Doubt about competitors' products was a tactic used by IBM sales reps

tak
Jan 31, 2003

lol demowned
Grimey Drawer
facts
u
dislike

Samuel L. ACKSYN
Feb 29, 2008


Zil posted:



https://www.bakingbusiness.com/articles/56643-hostess-debuts-twinkcoin-snack-cakes

They had to know right, seriously, how did this make it past a committee?



ok this is the first coin i'm gonna buy

Astrochicken
Aug 13, 2007

So you better go back to your bars, your temples
Your massage parlors!

gently caress
U
Dbuddy

Bobcats
Aug 5, 2004
Oh
wait bayc isn’t some ironic nihilism in-joke thing?

Time_pants
Jun 25, 2012

Now sauntering to the ring, please welcome the lackadaisical style of the man who is always doing something...

chaosbreather posted:

if he's buying the shitcoins for you as a gift, he's the C that they have to K in KYC. so he's definitely trying to scam you. if he's asking you to trust him more and is upset that you aren't trusting him more, that's definitely confirmation. just say no to everything, even very innocuous things like taking in packages, and make sure any guests or family members are clued in. he's dumb enough that he's probably going to get caught soon if he's had any success so you want to avoid providing him any freedom liquidity, if you catch my drift.

Exactly. Don't give him any of your piss or sperm.

Panic! At The Tesco
Aug 19, 2005

FART


Foo Diddley posted:

it dates back to the '70s when spreading Fear, Uncertainty, and Doubt about competitors' products was a tactic used by IBM sales reps

the term FUD makes me laugh when I read it because in scotland a fud is a slang term for a vagina, or can be used to call someone an idiot.
ie.
"Man, can't believe she fit a whole lasagne up her fud, what a night."
or
"Look at this pure fud, spending all his money on crypto."

Collateral Damage
Jun 13, 2009

Piggy Smalls posted:

What should I do?
Keep an eye on your mailbox and put a lock on it if possible.

PhazonLink
Jul 17, 2010

Zil posted:

They had to know right, seriously, how did this make it past a committee?

no. like the first nft bubble had some goon furry artist say that the upper biz class is still extremely white and sheltered as gently caress and didnt know what "furries" were and why they were massively hostile at their NFT stuff.

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Sashimi
Dec 26, 2008


College Slice

Bobcats posted:

wait bayc isn’t some ironic nihilism in-joke thing?
It's a bullshit club for crypto chuds with troubling parallels to nazi poo poo.

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