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1801  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 05, 2016, 09:52:02 PM

To put it in a very different way:

Warning: TROLL POST

This is to all you GTA 3 fans out there!!!

Lazlow: "Let's go over here to line 4, hello caller, what's your name?"
Jeff: "Jeff from Rockford."
Lazlow: "Hello Jeff, what's up?"
Jeff: "I want to tell you and your listeners about a once-in-a-lifetime
      chance to make a difference. There's a rally tomorrow evening at
      the park. Starting at 7. Although we'll be painting banners and
      singing songs and all day to prepare for it. Then, when tens-of-
      thousands have gathered in the park, we're gonna march onto Town
      Hall. Lazlow, the people have spoken! And they have said 'no, not
      in my town!' So folks, if you're listening, and want to make a
      difference, get yourself down to the park, and prepare to bring
      democracy back to the people."
Lazlow: "So...what's this rally about, Jeff?"
Jeff: "It's about people standing up and being counted. It's about the
      future. It's about telling those morons in the suits 'no thanks!
      Not in my town! Not while I have a breath in my body and hope in
      my soul! I will not, I cannot let this pass!'"
Lazlow: "Let what pass?"
Jeff: "It's about grabbing the town by the balls and saying 'listen son,
      either put-up, or shut up! No more Mr. Nice-guy. No more easy
      solutions for difficult problems!' It's about what it means to be
      an American. It's about giving something back."
Lazlow: "Giving what back, Jeff?"
Jeff: "Hope! Dreams! Belief!"
Lazlow: "Belief in what, I mean, look Jeff, I..I admire your passion,
        really I do, but...what will people be marching for? Wh..what's
        your rally about!?"
Jeff: "It's about justice, Mr. Low! A chance to shine and make a   
      difference! About thousands of people walking side-by-side as
      brother marchers. Only one thing on their minds - the chance to
      make a difference! Bring your friends! Nothing shows a man how
      much you mean to him more than the chance to walk together for
      justice! Bring your kids! They can paint signs, and we'll even
      have a face-painter, and a vegen bar-be-que. Bring your parents,
      dude, even the elderly care about tomorrow!"
Lazlow: "I understand that, it sounds like a great rally, but w..we're
        not a political station and you haven't really told us why
        people should do this...what is it about?!?"
Jeff: "Look..look, do you wanna help or not??"
Lazlow: "I don't know what I'm helping!"
Jeff: "You're helping America! What kind of patriot are you? It's a
      rally!!"
Lazlow: "You don't know what it's for, do you!?!"
Jeff: "It's for hope. Please come, everybody! It'll be real good!"
Lazlow: "Alright, you fight the power, brother!"
1802  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 05, 2016, 09:44:15 PM
Hi Bruce,

I've read through this thread and appreciate the time you've spent trying to answer various questions in a civil manner. Overall I'm having difficulty recognizing why anyone would want to contribute to TBF. It seems that wall street has decided to join R3 and in order for TBF to survive, you need participation of large institutions. What is being done to court these participants? Is this something that has been considered?

You mentioned that their are certain debts the foundation is currently obligated to repay which are not necessarily included in the approximate remaining coffers of ~$330k. Do you have a ball park of what those costs are and/or what a monthly break down looks like? It seems like you've done the unpleasant task of streamlining the foundation to be able to survive in this current environment but the stark reality is that such actions could still be insufficient. It's clear that the price drop from $800 was disastrous. To that extent, have bitcoins been converted to USD or are they continuing to be held in electronic format. Do you have hedges in place to protect the remaining assets?

My understanding of the current TBF goals, as enumerated in your mission statement, are:

1) Fostering Core Development
2) Furthering education & adoption
3) Working to limit harmful regulations and encourage technical rather than regulatory solutions

You mention that "The foundation Chief Scientist is Gavin Andresen." I'm assuming that this is no longer a salary position and he is compensated via MIT? Is that a correct understanding. Assuming that is the case, one of the biggest current divisive factors in bitcoin is the block size debate. Do the values and interests of TBF align with 'Bitcoin Core' given the fact that your chief scientist is Gavin Andersen? I applaud the goal of helping encourage technical consensus but have difficulty seeing how this will happen.  It seems like lines have been drawn in the sand and you are either with or against certain interests. How can bitcoin succeed without destroying itself? Is Devcore something that should even be continued in light of the other various conferences and their success or lackof?

Thanks for your time and I look forward to your responses. It's tough to be a bitcoiner right now especially looking at Nasdaq's usage of private blockchain's to conduct private asset sales. What happened to bitcoin.

(Edit: Necessary edit to include unfounded slurs and allegations about liars and thieves and how bitcoin is ponzi, Is psost o.k now spelng errers tooo?)

Well there really isn't any money left.  When I came aboard there was less than $70k and still plenty of outstanding obligations on the books.

Yes, that mission is the main priority.

Gavin no longer receives a salary from the Bitcoin Foundation.

We've tried to remain neutral on the block size debate in an effort to represent all members -- for example I worked very hard to get Greg Maxwell to speak at DevCore so that there would be a mix of opinions on blocksize.

I think DevCore is a great conference.

I don't think the part of tomothy's question in bold is answered properly.

So, part of your mission is "Fostering Core Development", but you won't outright support Core on their approach for the block size debate? How can this be?

Do you plan to support the other teams like XT or BU then?

And "Gavin no longer receives a salary from the Bitcoin Foundation"... what does that mean? Is he no longer chief scientist?

To put it another way: If someone supports The Bitcoin Foundation in any way, what are they supporting?


Best Regards


Oh, and thanks to tomothy for bringing something meaningful into this.
1803  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 07:08:11 PM
GBTC valuing BTC at $640.

http://www.otcmarkets.com/stock/GBTC/quote
1804  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 05:40:57 PM
I'll let Chubby answer the tough ones.

Opt-in RBF.

A man walks into a bar...

https://www.reddit.com/r/Bitcoin/comments/3zju81/rbf_optin_a_man_walk_in_a_bar_order_a_coffe_drink/

I'm still just a puny hyoo-män. I get to ask dumb questions.
1805  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 04:24:23 PM
^We should let him loose on Bruce Fenton. Grin

omg

that would be so cool
1806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 04:19:10 PM

Looks like Aztecs local pharmacy was closed for the holidays.
1807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 03:31:57 PM
Gentlemen!

Your latest Hero Member is here!




Grin

Just in time for the most amazing Bull Run you'll ever see!!!

BAAAAAAAAAAAAHHHHHH!!!!! BAAAAAAAAAAAAAAAAAAAAHHHHHH!!!!!!!!!

BAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH!!!!!!!!


Edit: Oh, and Congratulations!!!
1808  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 12:25:43 PM
It looks like the 430$ conspiracy is here to stay. My bitcoin price ticker on the phone is set on 430$ and I can't stand it anymore, it comes and goes regularly and also I can't read what is happening anymore.
The holidays confused me I guess

True, stagning price is good for reliability of btc but I just can't stand it anymore xD

I do not think the price movement deserves to be called "stagnating'. one month ago (dec 7 ) we closed at $395. Since then there have been several closes over $460 and a one day drop from $451 to $417. Simply being around $430 for the last  few days is just "circumstance'.

I think we have gone up since the $250-$300 period a little too fast and a little too high so I expect it to be $350ish in another month. That $80 drop (about 20%) should see the word bear replace the words stag and bull

You mean: bearning?

I like it!

"Oh my Satooooshiii!!! We're Bearning!!!!"
1809  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 05, 2016, 01:48:39 AM


Man, at this point we shouldn't have to. We all have the same frame of reference here. We all seem to know the shot except you.


Yeah, you guys have got it all figured out....in between implying I'm associated with wrongdoing, calling me a liar and comparing me to Nazis you sprinkle in clever cryptic references to things like Trade Fortress like a group of teenage girls in a bad movie.

If playing games is your thing, have at it.

I shouldn't have had to tell you that 10 members of the board resigned upon the election of Brock Pierce, and I shouldn't have to tell you what kind of man he is.

But you use lots of words to not tell him. I think we can conclude that bitcoiners aren't all that economical.

I was trying to be polite. Angry

thats the problem when ur dealing with a pound a day coke addicts

they will see politeness as an opportunity to scam u and steal

as much coin as they possibly can, in fact see almost any actions

as an opportunity to do this and its better i dont mention those other ones


Fenton! Feeeeenton!!!
1810  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2016, 12:41:11 AM
Alright then. Let's create our own Bitcoin Foundation, with Blackjack and Hookers!

Oh wait. That'd just be the old foundation again.

The Executive Director is doing a litte AMA right now. You can make suggestions.

https://bitcointalk.org/index.php?topic=1314390.msg13448653#msg13448653

I'd say it's going well so far. Tongue

Kind of unsettling seeing lambie ripping into a noob like that.

1811  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 05, 2016, 12:11:58 AM
But maybe that's how you folks roll...damn the facts, slander is fun.

That's not me, but he had the same look in his face as I had.

Do you even Bitcoin?
1812  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 04, 2016, 11:38:36 PM


Man, at this point we shouldn't have to. We all have the same frame of reference here. We all seem to know the shot except you.


Yeah, you guys have got it all figured out....in between implying I'm associated with wrongdoing, calling me a liar and comparing me to Nazis you sprinkle in clever cryptic references to things like Trade Fortress like a group of teenage girls in a bad movie.

If playing games is your thing, have at it.

I shouldn't have had to tell you that 10 members of the board resigned upon the election of Brock Pierce, and I shouldn't have to tell you what kind of man he is.

But you use lots of words to not tell him. I think we can conclude that bitcoiners aren't all that economical.
1813  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 04, 2016, 11:34:56 PM
I do know the history of the foundation The Nazi Party:  they had embarrassments, terrible board members, mismanagement, massive waste, PR disasters and wildly excessive spending combined with some good things done

Fixed.
Welcome aboard, Bruce. Wash the windows, hang a few curtains, and remember: the stench of prussic acid is easily masked by today's potent air fresheners.



Godwin's Law didn't take long to take hold.  

Just to be clear, are comparing me and others involved in a non-profit Bitcoin group to the Nazi Party who killed 6 million people?  All because the previous administration wasted money?

Is that correct, or was it just an attempt to be funny with a Nazi reference?

The Nazis killed somewhere between 20 and 30 million people. Not that I see the relevance, but that's a lot of dead people missing. BF was never real good with numbers so I thought I'd give you a heads up.
1814  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 04, 2016, 11:02:10 PM

Then, brags about being rich.


You think $12k is "rich"?

Likely everyone involved has more money on our phones than the foundation

I know some pretty rich people, and they ain't keepin $12k on their phones. If you're all lumbering around with all you money on your phones you really should be more careful. Those phones are "precious" (Giggle, giggle! Ok, I'm not as good at LOTR references as you).

1815  Bitcoin / Bitcoin Discussion / Re: Bitcoin Foundation: Where on Earth Did all the Money Go? on: January 04, 2016, 10:44:11 PM

Brock Pierce is running the whole show now. Put that in your pipe and try to smoke it.


There are seven board members, each with an equal vote.

It's amusing to see speculation that there is some sort of power grab as if people involved have snatched the Ring of Sauron from Lord of the Rings.   Likely everyone involved has more money on our phones than the foundation

Hmmmm...

First, LOTR reference.

Then, brags about being rich.

This is really difficult.

Hmmmmmm...

Ok Frodo, you're going to Hollywood!!!
1816  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2016, 10:24:56 PM
O hai friends!

I'm the executive director of the Bitcoin Foundation and I have no idea what's going on.

But didn't everybody resign when Brock Pierce slithered on? Or am I thinking of another Bitcoin Foundation??

The only one I'm aware of who resigned was Olivier, then then came back and was voted off by the board and has resigned again

Um:
Quote
At least 10 members of the nonprofit Bitcoin Foundation have resigned over last week's election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, officials at the group said.

http://www.reuters.com/article/us-bitcoin-foundation-resignations-idUSBREA4F02B20140516


Okay, thx for the link.  I didn't follow the story much at the time.  I thought the scandal it was primarily based on accusations which were not proven.

Hmm.

I guess I hound public figues when I'm bored. Who knew?

As a fellow asshole, I congratulate you!
1817  Economy / Speculation / Re: Automated posting on: January 04, 2016, 03:20:17 PM

First monday after the Holidays. Yeah, I bet you've got the flu. Sure, sure.
1818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2016, 12:33:53 PM
Are you guys serious? Comparing me with user kwukduck.

Okay well then I'm out. Best of luck with your trades.

I think you remind me of Morgan Freeman. But that might just be how you sound in my head.
1819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2016, 12:39:45 AM

I don't know if he's being funny or a bit slow. I found it funny anyways.

We might need to think about moving forum because some of the people proposing the ideas apparently being "moderator incompatible".
1820  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2016, 10:21:55 PM
Don't worry. Soon the price will start climbing and we'll all be posting sexist images and throwing poo at each other again.

Do all your posts really have to be pushing Marxist propaganda?  You understand literally nothing about women, zero.  The word sexism implies that men and women are equal, when women are basically large, irrational, overly emotional children.  There's not a single woman walking the earth that respects a guy that thinks a woman is their equal.  Women only marry up.  If you're not stronger, smarter, richer, and basically better than them at everything, they want nothing to do with you unless they're "settling" after old age and desperation.

That's the divorce settlement speaking, I suppose.

Don't despair though. If your forum persona matches your actual self, your kind, mature character will surely attract a new partner in no time. Alternatively: consider a hug pillow.

Consider a hug pillow or a dog.  Dogs love you no matter how reprehensible your personality...  Cheesy Cheesy Cheesy

Can confirm.
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