735000+ entries in 0.426s
danielpbarron: yeah but
they haven't been implemented in many wallet programs yet
dexx: danielpbarron:
these
things and clever stuff is out since at least 2012
mgio_: people are begging me
to delete
that
thread. As if i could harm Neo&Bee any more :(
danielpbarron: maybe a lot of
these scams will go away when nLockTime and multisig addresses go mainstream
the20year2: We've already published our expense spreadsheet
to investors, i'm curious how many other bitcoin companies do
that
too
mgio_: and won't even
tell us why he won't
tell us
mgio_: who knows, ukyo will never
tell us :)
mgio_: thats a whole different story, where did
that money go?
truffles wonders if
this is how rumors start
the20year2: and
that he was covering
the exchange with his own personal coins
mgio_: the CEO had some personal funds
there
the20year2: I want
to know why
they had money in gox
mgio_: they must have been very mismanaged
to suddenly run out of money without warning
mgio_: Neo & bee wasn't necessarily, but
they aren't
too very well right now
danielpbarron: i read one
this morning about a noob who didn't realize he was shorting bitcoin.... right before
the price spike......
dexx: well, i guess insolvency implies
that
mgio_: i realized it was a long
term investment
danielpbarron: if you follow
the crowd, you'll usually end up buying after
the pump and selling after
the dump
danielpbarron: there are still places
to invest bitcoin
that aren't scams..
they just aren't begging for investors
mgio_: im shocked
that people still invest at all anymore. if you couldn't
trust
the exchange with your money (bitfunder)
then how could you
trust any of
the securities it was peddling?
danielpbarron: you could spend a solid week just reading all
the forum posts about all
the scams, although I particularly like mircea_popescu's writing on
the subject
danielpbarron: haphazerdly slapping
terrible business plans
together and actually finding investors
danielpbarron: most of
the bitcoiners have no idea how money works on
these scales
mgio_: they wouldn't give me much information other
than
there was an ongoing investigation
danielpbarron: i
think
the
two most valuable investments in Bitcoin are bitcoins and knowledge/networking
mgio_: they chose me cause I posted on
the forums and was easy
to
track down, I assume
mgio_: and
then I
talked
to
them again recently
dexx: nono.. i mean, do you have any idea why
they choose you? and when was
that?
mgio_: They called
to
talk about bitfunder and weexchange
dexx: and fyi:
they called korbman out of
the blue,
too
dexx: if i may ask: why did
the sec call you?
mgio_: mining is not excatly a scam, but roughly 3/4s of
the companies selling hardware have ben shown
to not be reputable
dexx: what i meant was something like.. say
there are 10 people each with 100 btc each.. all coins are sent
to a 5-of-10 multisig address. with >= 50 % consensus a business decision is sealed. << for
the sake of an example
dexx: what's
the relation between decentralization and keeping
the money?
danielpbarron: I mean
that's
the logical extreme and it completely defeats
the purpose of investing
danielpbarron: "bitcoin mining is also a scam" lolol...
that's a pretty broad statement
dexx: maybe it would be more accurate
to say "we need decentralized companies
to end
the scams"
danielpbarron: "The SEC is investigating all of
the above" <--- not ready for Bitcoin; go home
pankkake: yes,
that's all. interestingly, cryptostocks… is still here
danielpbarron: i
think
there will be a resurgence of scams once
the decentralized exchanges go
totally live
dexx: well, decentralized exchanges reduce
the risk of a scamming exchange, but
that's all
pankkake: can we have decentralized scam victims already so
this stops
danielpbarron: it's hard
to
tell
the difference; might as well be
the same
thing
danielpbarron: lol,
there is
too regulation; individuals are just so desperate
to get-rich-quick
that
they overlook obvious scams in a rush
to beat everyone else into
the early adopter position
truffles: at least my pet wouldnt
try
that with something
that small
Duffer1: Mircea Popescu i believe a Clinton/Warren
ticket would be far more likely
nubbins`: imagine
the unfiltered version
nubbins`: let alone something
that gets cummed out every
time you quit irc
nubbins`: if you wanna hear a
thick newfoundland accent,
that's as good a place as any
to start
nubbins`: ^ apparently
this has caused quite
the international stir
pankkake: nubbins`: yes,
this as been
tpb's strategy
too: it DECENTRALIZED itself!!!
nubbins`: Mats_cd03 is
that because it's
the size of a stack of dimes?
truffles: parasites arent
that lazi for sure
nubbins`: might as well
take it
to brass
tacks
bounce: what's
that say about
the bunch
that breathe
the "follow
the money" mantra and came up with AML?
nubbins`: the root of money is
the root of all evil
pankkake: maybe money is
the root of all evil
mircea_popescu: today,
the attitude of
tardstalk is quite
the opposite
bounce: 'twas .com and .net, IIRC.
those aren't supposed
to be ".us", it was just
that
the registrar is conveniently a us company
mircea_popescu: pankkake what's strangest
to my eyes, really, is
that in 2004
the attitude of piratebay was directly obvious
to
the average net denizen.
nubbins`: pankkake mostly because
they realized
they were
trying
to box
the wind
bounce: (relatedly, peeps getting into a right
tizzy for having
their .ly domains rescinded because
they're clearly against
the local customs in .ly)
nubbins`: that said, who cares what
TLD is used
pankkake: TPB isn't such a high profile
target anymore
too
nubbins`: bounce: it's a .us domain,
they can do what
they want with it :P
pankkake: I don't
think
there's new stuff
bounce: it is a problem if, say, kansas or ohio judges order domains seized from overseas companies
that do
things perfectly legal
there
mircea_popescu: redirect it all you want,
tomorrow any one of you can host it just as well.
nubbins`: i mean, look at
the pirate bay. most reviled website in history
mircea_popescu: no but
this is
the beauty of it. bitbet is... well... public.
nubbins`: mircea_popescu "if you don't have enough
toilet paper feel free
to use
the barrel of
this rifle"
jborkl: to
take from wealthy districts
to prop up
the poor
jborkl: Texas,
the state has a robin hood
theory
mircea_popescu: nubbins` exactly like venezuela, you knoiw ? "we've reduced inequality, everyone has
the same amt of
toilet paper now"