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1861  Bitcoin / Bitcoin Discussion / Re: Oh the irony!!! on: July 13, 2011, 10:17:30 PM

Never underestimate the persuasive power of a baseball bat :-)

1. How is that punk going to know you have a bitcoin account?
2. Why would he risk prison time for what might be 5 0.05 bitcoins?
3. How long will he stand in the street and threaten me, waiting for the password? Remember, if i get a concussion, i might forget the password.
4. Android app can have a feature that gives the thief access, but to a secondary (honeypot account) with only a small amount of BTC. If the thief wants to beat you to a pulp in broad daylight because he thinks you gave him a honeypot account, more power to him.




1) We are all here dealing voluntarily with a super-volatile currency because we think it will take off. Everyone is going to have a bitcoin account in this speculative future.
2) Have you really never seen 'Cops' or read a newspaper? You don't get caught by being smart... Plus, once those idiots who are "destroying bitcoin, coin by coin" wreak their havoc, .05btc will be like, 2% of the whole bitcoin economy. <---(This is a joke)
3) See #2
4) Hopefully this future-app in our speculative-future here wards off this future thug with its futuristic dummy account, but please refer to numbers 1), 2) and 3) regarding that future thug beating you to a pulp.
1862  Bitcoin / Bitcoin Discussion / Re: Bitcoin Trip, Around the world. on: July 13, 2011, 09:57:17 PM
Thanks.  I will be carrying a Visa, MC, and AMEX.  Diversity is very important.  I was in Venezuela and needed some cash, where I was wouldn't take Visa, but they took MC.  I'll have some USD on me, maybe I should pick up some Euros and Gold?

Why would you bring physical gold?  Are you going to shave off a sliver to pay for your meal?  Nothing about your trip seems well thought out.

Bullion is sold in amounts as small as 1/10th of an ounce.  While that's quite a bit to pay for a meal, it's small enough to cover other expenses such as travel and lodging.

Bullion is also plucked off your bruised and bleeding body in the back alley where you were just robbed, and will most certainly buy you a good time with any customs officers you may encounter.

I would skip the bullion. Too sketchy...but diversity of assets is good.

You've got a place to stay in Los Angeles if you need it. The trip sounds awesome.
1863  Other / Beginners & Help / Re: Heard about Bitcoin on Aljazeera on: July 13, 2011, 09:32:54 PM
I have mixed feelings about this.  Any news about bitcoins spreading around is good but Al Jazeera has a very bad anti-American reputatation.  They went out of their way to tell the terrorist side of the story in Iraq and as an anonymous currency it isn't a good idea to associate with that kind of thing.  As a libertarian I know drugs should be legal so things like silk road are okay but there should be a way to root out other criminal groups who try and use bitcoin.

You sir, are a racist piece of shit, and ignorant to boot. The largest news network in the world is "anti-American"? Idiot...

Regardless of whether or not I personally believe it has an anti-American bias, that's what the public perceives it to be. Also, since when does size mean anything? Fox News is absolutely massive yet has a noted right-wing bias. Size doesn't equal objectivity.

Don't compare Al Jazeera to Fox News, compare it to the Associated Press...it is the main conduit for news media in the eastern world. Size does matter when you view it in context.
1864  Other / Beginners & Help / Re: I HAVE FOUND IT....SILK ROAD on: July 13, 2011, 05:00:23 AM
Seriously...fuck off OP. Anyone with access to google can find it. There is a goddamn Wired article about how to find it, for christ's sake. I will show anyone for free.
1865  Bitcoin / Bitcoin Discussion / Re: Dear Drug Lord Douche bags: on: July 12, 2011, 11:51:21 PM

Do you see the gang warfare in Colorado and California between medical marijuana facilities?

You see the worst gang of them all, the DEA, waging war...but it's not helping. I live less than two miles from 11 - yes, eleven - dispensaries. The only thing being waged between them is a price war, which is great for the consumer.


so much fail here...

dogs can smell through that shit, dood....

anyway, im done with this special olympian thread.

No dog has ever smelled LSD, and most LEA have never seen it. Same goes for fungus. There are plenty of ways to ship drugs without odor being an issue. We are not talking about zip lock baggies here, fella.
1866  Bitcoin / Bitcoin Discussion / Re: Dear Drug Lord Douche bags: on: July 12, 2011, 08:36:36 PM
If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

Are you fucking joking? You watched some breaking bad and are now the expert in laundering cash?

An LLC in California costs $800 a year. If you are laundering your money at 40%, you're doing it wrong...though on the other hand, I guess you could be doing it HUUUUGE, in which case I doubt you'd be on here bragging about it.

Please, enlighten us with your money laundering strategy. What do you do after the $800 incorporation?

Run a service industry, write off overhead, pay your taxes if you aren't clever enough to avoid it, and keep good books.

But c'mon, that's child's play. Anyone with an illegitimate revenue stream owns a service of some sort. Tell us about this 'dark pool' you've been using.
1867  Bitcoin / Bitcoin Discussion / Re: Dear Drug Lord Douche bags: on: July 12, 2011, 08:08:05 PM
If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.

Asset forfeiture will cost you 100%, even if they find no drugs.  Conventional money laundering will cost you ~40%.  $30K is not much. You need at least $10K just to get into the dark pools.

Are you fucking joking? You watched some breaking bad and are now the expert in laundering cash?

An LLC in California costs $800 a year. If you are laundering your money at 40%, you're doing it wrong...though on the other hand, I guess you could be doing it HUUUUGE, in which case I doubt you'd be on here bragging about it.
1868  Bitcoin / Bitcoin Discussion / Re: Dear Drug Lord Douche bags: on: July 12, 2011, 07:31:54 PM
If I am selling you an eighth of weed, I can be reasonably sure that at the time of transaction, I can exchange your 5 btc for for that day's rate of $10/btc, and at worst I am out $50 if value plummets.

If I am selling you ten pounds, the odds that I will be able to liquidate $30,000USD worth of bitcoin without affecting market values is pretty slim, not to mention that a normal day's volatility may cost me $10,000. Fuck that. There is no incentive to use BTC for big transactions.
1869  Other / Beginners & Help / Re: If extreame paranormal investigating interests you...... on: July 12, 2011, 01:36:16 AM
I am still waiting for an elaboration on the 'pay me to work for me' business model.
1870  Other / Beginners & Help / Re: If extreame paranormal investigating interests you...... on: July 12, 2011, 01:02:52 AM




         The moment you experience the paranormal......I mean the exact moment you see..hear...or feel the supernatural, is a truly scary one. I

respect the views of those who do not believe, I did not myself, until I had a moment. And remember kids........it is very real......just as we are.

Hahaha. Is that the tagline for your series?

One time I felt the supernatural, but then she slapped me.
1871  Other / Beginners & Help / Re: Destroying bitcoin, by coin, by coin... on: July 12, 2011, 12:30:09 AM
You could just devalue the currency by donating to this guy bitcoinscam.webs.com

I like that guy...he just seemed...honest.
1872  Economy / Services / Re: Aerospace Engineering graduate looking for work on: July 11, 2011, 09:33:01 PM
Can I pay you in moon rock?  One pound at $7,000+ per gram.  What do you think about this design I made:



The probe would be in the top section.  Looks pretty simple to me, just needs some LOx tanks, some fuel injection, carbon fiber or aluminum frame and tungsten plating.  I'm thinking it should be propelled on a railgun-type mechanism where the rocket can detach at a high speed.  To avoid legal issues, we can float the entire setup in the Atlantic Ocean on 8'x8' dock floats.

Once it gets near orbit in the right position, the top module will detach and the base will parachute down to earth.  When it reaches the destination (the moon) it will parachute in and deploy this probe:



It will drill into the moon surface and collect moon rock/dust.  It will need some different camera sensors so we can record any UFOs and stream them back to earth.  After a week or two it's legs will disengage as it launches back to earth.

If we need a satellite to transmit signal to our moon probe, we can launch one separately.

Win.
1873  Economy / Services / Re: Looking for a job or assignment that pays in bitcoins. on: July 11, 2011, 09:30:36 PM
The problem with Somalia is not the absence of a government but the absence of a well developed private sector.

Huh? The 'private sector' controls over 90% of the country...the government only holds a small portion of the capital.

I think you should start a new thread for your employment. Too much anti-tax/anti-government here...tends to scare off legitimate businessmen. And for the second time on this forum, I'm sorry I had a fight in the middle of your Black Panther party.
1874  Bitcoin / Pools / Re: [130 GH/s 0% fee SMPPS] Ars Technica community mining pool! on: July 11, 2011, 08:43:43 PM
This is probably a good time for people to check their donation settings, or to make sure your wallet still sends ok with BurningToad's address. Not sure if there's a pool link to signup for Tradehill; I'd use that too if available.

This...
1875  Other / Beginners & Help / Re: Organized campaign to discredit / destroy BTC? on: July 11, 2011, 06:11:00 AM
Typing Bitcoin into Youtube's search engine yields a bunch of pretty legitimate looking stuff. More likely, companies that track search trends to increase market exposure are picking up the word Bitcoin with Viagra, Cialis, Vicoden, Justin Bieber, and DVDA.
1876  Other / Beginners & Help / Re: Newbie restrictions on: July 11, 2011, 05:55:18 AM
Honestly, people act like they are giving up a friggin' toe or something. I signed up yesterday after lurking for weeks and have racked up 8 hours and plenty of posts just reading up on things and doing a bit of trolling. It's not a big deal, and is enough of a deterrent to keep at least some of the shills away.
1877  Other / Beginners & Help / Re: Heard about Bitcoin on Aljazeera on: July 11, 2011, 05:52:01 AM
you take what the CIA say as the truth so easily?

Yeah wrong thread, PinkiePie.

You want "Make me laugh for a bitcent".


Haha. FTW.
1878  Bitcoin / Pools / Re: A proposal for Recent Shared Maximum PPS on: July 11, 2011, 04:45:54 AM
And at round 4, you wouldn't leave either because it wouldn't affect whether your unpaid reward from earlier rounds will be paid or not. Your chance of getting paid in full for he new work is the same as when you joined in rd 1.

If there is an alternate pool elsewhere that is in a "net lucky" streak, you are better off moving.  It can't be worse there where you are now and it might be far better.  Again, this isn't uniquely true for RSMPPS.  That wasn't my point.


A 'net lucky' streak is meaningless. The past hashes and blocks have no bearing on the future, save for their influence on difficulty, which is a global modifier and not significant in your example. I agree that a pool way in the hole is probably a deterrent to people coming in, but paying for the work as it was carried out is as fair as can be, even if it isn't ideal for the newcomer. What would be the incentive to stick around if your money was being paid to someone else? You'd drive away more hashing power that you would attract with a large positive SMPPS buffer.

You keep speaking of lucky streaks as if they are a train you can hop on. They do not exist and probability always wins in the end. You'll get your BTC eventually, as long as the pool op is legit. Remember, if you aren't finding blocks and getting paid, neither are they. They have incentive to square up those shares properly.

If someone has a miner go down while they are at work and can't restart it for ten hours, why should it make their previous PPS hashes of less value? The whole reason for PPS is to reduce the influence of time on the pool overall. Why bring it in again as a penalizing factor?
1879  Bitcoin / Pools / Re: [130 GH/s 0% fee SMPPS] Ars Technica community mining pool! on: July 11, 2011, 04:22:59 AM
I've come to take over your stats page leaderboard! ^_^

Rocking the charts there, fella. Awesome.
1880  Other / Beginners & Help / Re: Awesome Mmorpg Approach to BP's on: July 11, 2011, 03:34:35 AM
I am not dropping my hashrate to play a game Wink
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