Apparently many people just stop thinking when stupid greed kicks in.

Why did they do that despite not even knowing the amount that supposedly they should have gained, is beyond me.

and bad means high or low?

so, you like functional programming, hence functional programming is the way to go, and everyone else is doing it wrong.

well thought...

Eh, le asicminer a 2.1 mi è spiaciuto proprio non comprarle al volo...

Actually it would be much easier to just offer some services on the web, accepting bitcoins as a payment.

agreed, obv.

Why on Earth should you go such a complex way?

You can use localbitcoins much easier (paying directly with pesos), and even if you don't, I'm pretty sure there are many easier methods (though of course less easy than here).

Still skeptic but interested, email sent ; )

Sure, but it isn't better for them: this might be violating MtGox TOS and they risk their account being closed, AFAIK...

Forse Jon Matonis, ma è un po' che non leggo blog.

You complained you had to pay back a loan, so no you can't lose your investment, hence my post.

Did someone try to track the BTCARS exchange rate?

Obviously that would be quite difficult, since that's black market, but I guess maybe there are open sites with announcements, like localbitcoins?

I'm not talking about exploiting in general.

I was only referring to the specific cases were the exploit was so evident that anyone who actually thinks before doing anything wouldn't have done it.

I clearly failed in communicating, since the only responses I got were these, I give up.

As I said, use a real wallet, such as blockchain.info to receive payments, then transfer once in a while the funds either to a cold paper wallet, or to the exchange and trade them with a currency of your choice.

If you prefer you might directly use bitpay or similar services, though the fee is slightly higher (but you are much safer from sudden drops in value, such as today's).

Hope will get you nowhere, and you'll end up losing money either way.

You shouldn't have invested more than you afforded to lose.

I never suggested that, but I assumed somebody might, hence I wanted to know other people's opinions.

My personal opinion is that:
• the exploiter is in the wrong, but with a bit of discount due to extreme stupidity of the exploited
• the exploited is also partly in the wrong, because he could have avoided this very easily, and instead fueled this illicit activity (hence encouraging other people to perform such activities, too)


If you run that kind of stuff in a virtual machine, you definitely don't have your brain switched off, so it doesn't count.

Peccato.

Se ci fosse più interesse in quella zona avrei pensato di organizzare un meeting in un pub di una mia amica, che si era dimostrata vagamente interessata, ma se i numeri sono così bassi non so se ne vale la pena: verrebbe solo gente che già conosce Bitcoin, mentre lo scopo sarebbe di istruirne di nuovi.

Speculation, ma le poche cose interessanti sono seppellite da fuffa.
Riguardo alle alt-coin ti han già risposto.
Riguardo al crollo dei BTC tutto sommato non mi preoccuperei, son cose che capitano, salgono e scendono; alcune persone non sono preparate e si fanno prendere dal panico, e gli speculatori guadagnano piccole fortune. Nulla di nuovo.

I see your point, and while it does make sense, I don't think it weights so much.

I guess that this kind of "market" would auto-adjust, and if the price of BTC would go up too much, people who wanted to spend less would just either buy a minor product (i.e. USB miner) or buy shares such as PTs or virtual mines.

So, yes, sales could be slightly affected by such a thing, but not as much as someone might imagine.

This is only the most recent example, but something like that happens every day.

Someone post something which is extremely shady, and possibly without any apparent benefit (at least scammers usually try to lure you with greed, here there's nothing).

This was so patently an infected file that I was amazed how many people jumped in anyway without thinking, leaving their brains completely powered off.
Me and others posted warnings, and some people were still jumping in nonetheless.

I find this both entertaining and interesting on a social perspective, it is like looking at lemmings jumping off a cliff, without even the excuse that they might be stupid rodents: those are people who willingly refused to think, knowing that this would make them risk a lot of money and time, without any benefit, and did that anyway.

What do you think about that?

Do you consider it's ok to exploit them, since they took efforts into being exploited? Or at least it's partly justifiable? Or do you think it's still 100% wrong nonetheless?
Irregardless of what you think about the exploiter, do you think they should receive some extra punishment, since they fueled a system which affected more users after them? (i.e. somebody notices that someone is downloading, so he stupidly assumes it means it's ok and downloads too...)


edit: since apparently it wasn't clear, I'd stress that I do not personally condone those actions, still I wanted to know if you do, how much, and why.


edit again: locked, since it looks like I wasn't able to communicate clearly what I meant, and got only answers from people who misunderstood. Sigh.