Boxturret posted:

quote:

[–]MemoryDealers 2 points 15 hours ago
I'd be glad to reply if you have something other than an ad hominem attack. I suggest you go read The Ethics Of Liberty by Murray Rothbard.

[–]xyzzy24 6 points 14 hours ago
i have two questions.
1 - when you were in the firework ebay selling business, did you told your neighbours about the fireworks you were stockpiling in your apartment?
2 - when you were in the firework ebay selling business, did you disclosed to the post office (or whatever company you hired to deliver your goods) that the packages contained fireworks?

[–]MemoryDealers 6 points 13 hours ago
1 - no.
2 - no.

I would like to add that I am not saying selling fireworks on eBay was a great thing to do. What I am complaining about is the unequal way in which I was treated regarding this. I along with dozens of other resellers sold these on eBay, none of us had a permit, and I'm pretty sure no one else was marking the packaging either. 1. I sold about 2000 pieces without a permit. 10 months in prison.

- My supplier sold 450,000 pieces without a permit shipped in unmarked boxes depending on the order size. No charges.
- Other suppliers sold hundreds of thousands of them without permits. No charges.
- The manufacture produced and sold over a million units with no permit. No charges.
- The only difference was the political statements I had been making publicly.
- Here is the government's own press release where they admit that everyone else was simply asked to stop selling the same product that I was sent to prison for. http://www.cpsc.gov/en/Newsroom/News-Releases/2003/Missouri-Company-Ordered-To-Stop-Manufacturing-and-Selling-Illegal-Fireworks/

I think it should be clear to anyone paying attention how unfair this was.

quote:

[–]MemoryDealers 5 points 14 hours ago
Thank you for a reasoned reply. I see it like this:

- Right or wrong, people use drugs because they like them, and think they make their lives more enjoyable. This goes for alcohol, tobacco, and even crack.
- People own their own bodies and have the absolute right to put whatever they want into their own bodies. Anything else would mean that someone owns you.
- Writing down words on a piece of paper and calling it a law does not change morality. If it was fine for people to buy cocaine or heroine in the corder pharmacy 100 years ago, it is fine for them to do that today too.
- Even if doing drugs is harmful to your own life, being sent to prison for a decade for using drugs is certainly far worse. As someone who spent time in federal prison myself, I saw this with my own eyes. About 80% of the people in the facility I was at were there for victimless crimes, and had far longer sentences than the people who were there for crimes with real victims.

Magrov posted:

roger ver did an impromptu /r/buttcoin appearance yesterday

Magrov posted:

About 80% of the people in the facility I was at were there for victimless crimes, and had far longer sentences than the people who were there for crimes with real victims.

Truga posted:

hosed up if true.

Palpek posted:

get in on the bitcoin ground floor while it's still fresh

maniacdevnull posted:

Ground floor of a thread headed to the basement

JFairfax posted:

how the gently caress do they even?

BitFury, the bitcoin-mining operation based in Amsterdam, has announced a new round of fund raising, and plans to build another data center in the country of Georgia, as the firm looks to stay ahead of its peers in a highly competitive and fast-changing mining industry.

The firm announced on Thursday that it has raised $20 million in a third round, from investors including DRW Venture Capital, iTech Capital, and Georgian Co-Investment Fund. It raised $20 million last summer as well, and has raised $60 million since its founding in 2011. The company did not disclose its valuation.

Even though the firm says it is profitable, the money is necessary because of the high costs of mining and the extreme competition, said George Kikvadze, BitFury’s vice chairman. Running the data centers and acquiring more and more powerful chips is an extremely expensive proposition.

“You need access to capital,” Mr. Kikvadze said, “as well as execution on silicon. That’s super important. If you don’t come up with the chip in time, and develop your data centers on time, you’ll be squeezed out.”

There’s been a shake-up in the mining industry over the past year, as the costs of the mining arms race, as well as the missteps typical in a nascent industry, have crushed a number of players, like CoinTerra, Aquifer, BitMine and Butterfly Labs. Mr. Kikvadze reckoned that a year ago, he had about 20 competitors. Now, he says, “it’s BitFury versus the Chinese pools.”

http://blogs.wsj.com/moneybeat/2015/07/09/bitbeat-bitfury-raises-20-million-in-latest-fundraising-round/

Crust First posted:

locking the old thread is a centralized outrage. nobody will mine this postchain fork. firing up the murder drones.

Dixie Cretin Seaman posted:

we need a decentralized p2p buttcoin thread backed by blockchain technology.

someone else plz start teh wiki, i still have a job

JFairfax posted:

how the gently caress do they even?

BitFury, the bitcoin-mining operation based in Amsterdam, has announced a new round of fund raising, and plans to build another data center in the country of Georgia, as the firm looks to stay ahead of its peers in a highly competitive and fast-changing mining industry.

The firm announced on Thursday that it has raised $20 million in a third round, from investors including DRW Venture Capital, iTech Capital, and Georgian Co-Investment Fund. It raised $20 million last summer as well, and has raised $60 million since its founding in 2011. The company did not disclose its valuation.

Even though the firm says it is profitable, the money is necessary because of the high costs of mining and the extreme competition, said George Kikvadze, BitFury’s vice chairman. Running the data centers and acquiring more and more powerful chips is an extremely expensive proposition.

“You need access to capital,” Mr. Kikvadze said, “as well as execution on silicon. That’s super important. If you don’t come up with the chip in time, and develop your data centers on time, you’ll be squeezed out.”

There’s been a shake-up in the mining industry over the past year, as the costs of the mining arms race, as well as the missteps typical in a nascent industry, have crushed a number of players, like CoinTerra, Aquifer, BitMine and Butterfly Labs. Mr. Kikvadze reckoned that a year ago, he had about 20 competitors. Now, he says, “it’s BitFury versus the Chinese pools.”

http://blogs.wsj.com/moneybeat/2015/07/09/bitbeat-bitfury-raises-20-million-in-latest-fundraising-round/

Palisader posted:

has anyone made a metal gear solid reference yet

FCKGW posted:

lmao just post

OSI bean dip posted:

why is bitcoin reaching closer to $300

SO DEMANDING posted:

i havent read any of the bitcoin threads for over a year can anyone provide a summary of bitcoin laffs?

tia

SO DEMANDING posted:

i havent read any of the bitcoin threads for over a year can anyone provide a summary of bitcoin laffs?

tia