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1941  Economy / Scam Accusations / Re: Richard Vialoux (alias mc_lovin) and his service are now uder investigation on: May 19, 2013, 12:01:27 AM
An investigation has begun by one of the many agencies that this ordeal will be brought to the attention of.

Inquiring minds wish to know.

This is so sad.

I hate kids.

This literally makes me weep for humanity.

OP, please do tell us of HOW Mc_lovin has scammed you out of ANY money, as from reading this forum post, I see nothing that he has done to harm you. All I see is someone that is attention seeking and is willing to do demoralized things such as try to shut an honest man's website down, just so that you can get a couple of dollars. You make me sick.

I myself am not that old, and it is something that I am proud of to be young and some heavily involved in Bitcoins, however it is people like you that give people like me a hard time of trusting in the Bitcoin community.

So yes, I feel that thanks is in order and on behalf of you I shall apologize to Mc_lovin for the UNNECESSARY trouble which you have caused him.


Thanks, Matt.

Here's the story:

Some guy ran some "advertising" site, which paid nothing at all and which nobody used. Some of the nobody who used it were owed nothing by the site for the absent ads that it didn't run. With me so far?

Good! So the server bills exceeded the owner's allowance, and he decided to "sell it", in the following manner: somebody takes over the site but he keeps the Bitcoin balance supposedly accrued for himself. Sort of like, you know, a bankrupt state corporation privatizing, except scaled down 1:10,000,000,000 or thereabouts. All this process involved a deluge of words inversely proportional, I think the announcement was almost as long as one of usagi's introductory posts.

That person is this mc_lovin/Richard Vialoux character, who is really famous because he came up with this idea of creating a Global Scam Exchange asset which consisted of pooling money to buy dubious PMBs and then using the dividends to buy lottery tickets. This plan was warmly received by the collection of retards inhabiting this forum, and was going to go places except GLBSE imploded about fifty hours later, under the weight of similarly well conceived, thought through plans (plus Goat's Pirate passthrough toxic waste).

So now: some people have a claim for about half a cigarette butt against either this guy or that guy, and they're vigorously prosecuting it to the fullest extent available under internet law. This means they're emailing "one of the many agencies" each day.

That about sums up the situation.
1942  Economy / Scam Accusations / Re: [TO THEYMOS AND MODS] BFL scammer tag? on: May 19, 2013, 12:00:55 AM
I just want to know, what makes them scammers? they Have shipped the 1st batch, if you follow their blogs/tweets/etc. you Will see the problems they have dealt with? no, lets call them all scammers because you don't talk to them and you haven't got your product yet.

you try selling out a costly mistake of 10K dud chips from misaligned Photo-lithographic mask. these guys are not Intel or AMD you know.

am i on their side? no, they could of marketed the whole thing a lot better then this, they should of accounted for these issues.

one thing i do look at is more then one side of the issue. BFL has an angry mob at their doors, i don't join the crowd, i look for why they are there.
You have much reading and catching up to do.

This.
1943  Economy / Service Discussion / Re: Mt Gox Yubikey broken... on: May 18, 2013, 11:04:17 PM
Ahh. That may have been what you inferred,  however it was not what I implied.
Also I didn't realize that you were in charge of what can and cannot be posted on these forums.
is there any punishment involved with posting something that you dislike,  other than your public shaming and ridicule?

Yes, you have to drink castor oil.

But seriously, people are edgy. Hash king made a passing sarcastic remark once that he's 15, it took months for everyone to finally accept that no, not 15. Best title topics according to their content.
1944  Economy / Service Discussion / Re: Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence on: May 18, 2013, 10:58:34 PM
Quote
Well its not a far stretch however ever since the 70's everyone has been talking about a cashless society from what I have been hearing. Judging how CIA work to infiltrate everything they can get their hands into I can see Satoshi being the Jesus Christ figure to create the new religion called bitcoin. After all you can't destroy an Idea when its time has come right?

or am I off base here? I would not put anything past those super criminals.

But it's not too far of a stretch to connect Sonny's involvement with Laissez Faire City and the lottery scam he helped mastermind with his with late real father.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&ved=0CE4QFjAA&url=http%3A%2F%2Fwww.docstoc.com%2Fdocs%2F141098769%2FAmerican-Companies-Business-Directory&ei=ueGXUfuqJ6fDywGwooBQ&usg=AFQjCNHp96MYbrpkeCfqQIdtNcrrAIrk4Q&sig2=Mri9vD0pzCAK9Q-0-uZRPA&bvm=bv.46751780,d.aWc

Quote
Sonny Vleisides Investment Funds sonny@lfcity.com

It's all connected: The Laissez Faire City scam, DMT and the lottery scam. There's at least two other members on this forum directly connected with the Laissez Faire City episode who can shed more light on this subject, but they're not talking.

Laissez Faire City Founders looking for revenge?

Quote
http://web.archive.org/web/20000301124449/http://zolatimes.com/V3.44/dmt1.html

This article describes an Internet-based anonymous banking project, known as The Digital Monetary Trust, Ltd. The Digital Monetary Trust (hereafter: DMT) is a proposed financial trust (which may be optionally viewed as a mutual fund, or a money market fund) all of whose assets will be invested in cash, commodities (such as gold), and high-quality (low credit-risk) securities denominated in various national currencies. DMT is a Laissez Faire City corporation.

THE SUNDAY TIMES
News: page 6
HEADLINE: Laissez Faire City:  Queue forms for capitalist utopia


Quote
"It is an amazing adventure, aimed at freeing the potential of the
world's entrepreneurs from the vice of collectivism," said Sonny Vleisides,
a computing consultant who is among the founders.

No taxes or bureaucracy in planned libertarian paradise

Quote
"Some of them have been sending us unsolicited money, which is more than we asked for," said Sonny Vleisides, editor of the Laissez Faire City Times, the newsletter sent to every prospective founder.

http://en.wikipedia.org/wiki/James_Orlin_Grabbe#Laissez_Faire_City_Times

Quote
In November 1997, Orlin Grabbe was invited to edit an online weekly newspaper called the Laissez Faire City Times. The newspaper was loosely connected to the Laissez Faire City project based in Costa Rica. Grabbe relocated to Costa Rica the following year.

I'm kinda curious about all that myself.
1945  Economy / Service Discussion / Re: Theft, fraud, extortion, frivolous litigation, lies, slander and Tihan Seale on: May 18, 2013, 06:55:30 PM
*Bitcoinica possibly had inflated numbers and fraud may have been the reason the database was destroyed

There's a lot more to that, they were running it as a proper fraud (much like Bitfinex is being run today, possibly by the same people). See here.

I understand that Roger Ver and Jesse Powell (like Bitcoinica Consultancy) have also been victims in this situation. I also understand that Roger Ver has contributed significantly to bitcoin in recent years. These do not excuse his behavior.

This is nonsense. You seem to be under the impression this is a popularity contest. It is not a popularity contest.

Amir and Patrick have been attacked for being callous towards them. These are regrettable mistakes brought on by things such as the threat of frivolous litigation, extortion, fraud, slander among others.

Amir has been sunk, not "attacked", for being an unfathomable idiot and messing with the wrong people.

Patrick has been sunk by his own boneheadedness (much the same brand that is slowly sinking a good chunk of the original contributors of bad C code to the hairball of bad C code that's commonly known as "bitcoin source"). He is still fondly remembered as the douche that pretended to be "doing Bitcoin security" while sending the entire userbase a list of the entire userbase via email, for instance. There's plenty of other stuff, but I won't lengthen this thread pointlessly.

In short: your narrative is amusing, your effort appreciated, your mission hopeless. You will never be able to wash anyone involved in this debacle. All of them are marked people, and irrespective of how many times they manage to sneak into Bitcoin related events they're still dead in the water.

Now that people are questioning his associate Peter Vasseness and Coinlab, an owner of the Bitcoinica Consultancy thought it was appropriate to release this information publicly as it might actually have some effect.

Not "people". Name names, you'll gain a lot more respect that way.

Needless to say, the source code itself did not have any true value and those saying that the leaking of the source code was an asset loss to Bitcoinica are generally the same people who have yet to say a harsh word towards Zhou.

The source code of a website hacked thrice and administered by a set of muppets (Zhou, Donald, Tihan etc) is arguably not worth anything in retrospect. Still, in the context it was its most valuable asset, more so than its Enronesque brand and certainly more so than its laughable "human resources". So yes, you all had nothing. It's a little late coming in and saying this now.

The "ethical" thing to do would have been to come out August 30th and say "you know that service MP started a week before us and which still runs to this day without problem? Well...unlike us it actually works, use that."  It never happened, so forget the supposed "ethics" of trying to get one over the other team of thieves involved. Those aren't ethics, those are the sorts of childish upmanship you lot are famous for by now.
1946  Economy / Securities / Re: Best platform for a new security? on: May 18, 2013, 06:52:56 PM
I agree with

Who are you again?

Sounds like I should get myself listed on MPEx so I can live forever and dominate over everyone else that didn't list themselves there.

I hope you could hear me all the way up there on your high horse. If not I'll be glad to get a step-ladder and/or a megaphone.

I don't think listing means what you think it does. Also reading probably isn't quite as painful and difficult as you make it out to be.
1947  Economy / Securities / Re: Best platform for a new security? on: May 18, 2013, 03:28:35 PM
MPex -> Lost most of its trading volume (stocks) -> going down

Still more trade than the sum of all others, for one.

The fact that it won't list bullshit "assets" (such as the Asciminer passthroughs) isn't really a valid objection. GLBSE listed Pirate and that was the end of it, even if the entire mess allowed it to climb to something like 1/3 of MPEx' volume for a few months back in 2012. Take the am-pt volume away and MPEx has a solid 90% of all Bitcoin financials.

There is of course the issue that poor people can't get in directly (and if you discount the MPEx pt's out of the remainder of the above there's really very little left). This readily results in those same poor people misrepresenting the reality of the matter into more palatable terms, such as the quoted. This attempted misrepresentation has been going on for about two years now, with no visible deleterious effects for MPEx (even if the names that keep pushing it keep changing, so it'd stand to reason that they slowly get fleeced and disappear, only to be replaced by new, and equally clueless, "playas").

As explained back in January

It's a simple point of competition for finite resources. This is not quite as visible in fiat, because in fiat bs gov'ts can create and do create fake money to prop up wasteful/pointless paraeconomic ventures run by the "right people", which is just another way of saying "popular" (which is, of course, the wrong game to play if you aim for prosperity).

In BTC however, where resources are absolutely finite, there will only be so much BTC available for investment at any given time. This BTC will be allocated to the available investments somehow. Part of it will be allocated by idiots, on paraeconomic criteria like "we don't like MPEx". Part of it will be allocated economically. As time goes on the share available to the idiots to allocate as they see fit dwindles, and the share available to the rational players increases. Since human behavior is reinforced by success and (usually, except in the case of a really limited pile of hardcore idiots) discouraged by failure, the flow is even faster as individual people realize they are being part of the idiot group and jump ship.

Soon enough the situation reaches equilibrium, which is pretty much where we're at. In short, the beauty of economy is that it works.

None of this is to mean MPEx is perfect, by any means. That's not the point at all. It just means MPEx is the standard, and because stock exchanges are fundamentally a convergent, naturally standardizing market it also means the accretion trend will continue, exactly in the same way and fundamentally for the same reasons Bitcoin grows against fiat currencies.

It's by now impractical for any serious company contemplating being listed in BTC to forego the significant capital available on MPEx in order to favor a different venue (in fact, the cost of doing so can be calculated on the basis of the volume difference, and is in any case significant) for a variety of reasons, and certainly such an attempt would imply the modification of said company to include "being an exchange", which requires rare and valuable skills (programming notably NOT being one of them) and other human capital. Such an effort necessarily spells a movement away from said corp's core mission, whatever it may be (*).

A willingness to move away from the core mission, a cavalier attitude towards incurring costs and foregoing benefits all work together to paint a very unflattering picture in the eye of the discerning investor (If these people have any confidence in their business, why are they working on moving away from it to do something else? If they have the capital to pursue reinventing the wheel, why do they need my investment? If they're not interested in cashing in now why should I expect they ever will get my shares dividends?) and rapidly the convergence effects become very strong indeed.

In short: if you're a noob with no clue you have no chance making it on MPEx. If you don't want to sign a contract and in general don't plan on being on the level you have no chance making it on MPEx. If you plan on running some nonsense a la HYIP you have no chance making it on MPEx.

If on the other hand you have a legitimate business you have no chance making it outside of MPEx. This is a point of fact, not a point of argument: there have been bet sites coming and going for about two years. Once one listed on MPEx that was the end of that market, BitBet now dominates it. Same with dice games, same with everything else: kids can play around and pretend they're doing things until the adult exchange lists some adults. After that it's nighty night Gracie.

Nothing wrong with this, either.
1948  Economy / Service Discussion / Re: Mt Gox Yubikey broken... on: May 18, 2013, 03:24:48 PM
Well I've tried multiple computers and it doesn't light up or get recognized by any of them.  so what else could it mean ?

"Mt Gox Yubikey broken..." as a thread title implies that you have managed to somehow or to some degree breach the security presumed to have been offered by Yubikey as deployed on MtGox.

"[Pointless thread nobody cares about] [DIARY] My dumb ass broke some usb stick - time to get another." conveys what actually occurred in this topic.

Other than that, how's your dog? What did you have for dinner last? Did you like it? How was the service? Are you slow?
1949  Bitcoin / Bitcoin Discussion / Re: The First Political Zone to Officially Recognize Cryptocoins on: May 18, 2013, 01:30:33 PM

Space zing from outer space zings all the way to outer space. And back.

(But props to OP for manning up to it, I was expecting a page 4 full of Mabsark.)
1950  Economy / Service Discussion / Re: bitbet.us scammers ignore delivered BFL products on: May 18, 2013, 01:29:07 PM
"How about we get some advice from people who live and breathe technology instead of relying on scummy little rats who live and breathe finance?" Argumentum ad populum.

For the record, a boatload of neckbeards doesn't pay for one single financier. This because tech people actually are humanly inferior to money people. They're less of a person.
1951  Economy / Scam Accusations / Re: FFS BAN ALTERNATIVE CYPT. USING SELF MODERATED TOPICS TO SCAM NOOBS on: May 18, 2013, 01:25:58 PM
Self moderated topics are a horribly bad idea.
Why were they even introduced?

I thinks it is debatable whether they are a horribly bad idea.

They permit the OP to moderate the discussion and filter out the trolls that do not contribute to the topic without wasting the moderators' time to do this (and sometimes the OP might not be satisfied with the fact that not all trolling posts will get deleted). If I'm not mistaken Moderators/Administrators can still see the deleted posts.

On the other hand it makes some scammers' scamming easier so I think the best solution would be to permit only the very-established users (similar to the way the Ignore button works) to start self-moderated topics OR maybe introduce a small button that when clicked, would let others see all the posts that have been deleted in said topic.

The benefit from it is very small (some guy gets to feel important) and the damage serious (all the scammers get to control the flow of conversation in their scamthreads which is all they ever want and all they ever need to succeed).

It's impractical to fix this, and none of your palliative proposals work (there's no way to establish who should get this ability; if it works anything like the ignores then it's as dysfunctional as it gets; there's no code changes ever going to be implemented simply because it'd open the Pandora's box of the ~half a million dollars' worth of "forum improvement funds" for a forum that still runs on borrowed server space etc).

So debatable it may be, as anything can be debated if people get bored enough. It's also a fact.
1952  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: May 18, 2013, 11:34:39 AM
Stop derailing the thread with this piffle. If your so concerned about MPEx costs go to its specific thread instead of chain posting in here.

I don't see how you reason MPEx technicalities are off topic here.

Well since the admin deleted it

They did?!
1953  Economy / Scam Accusations / Re: Scammer: Inaba on: May 18, 2013, 09:51:22 AM
You know the drill. An "untrustworthy" tag à la Matthew N. Wright could also be considered.

After getting scammertagged and then the community cools down, upgrade to Untrustworthy should be a community decision.

Who is "the community"?
1954  Economy / Scam Accusations / Re: FFS BAN ALTERNATIVE CYPT. USING SELF MODERATED TOPICS TO SCAM NOOBS on: May 18, 2013, 09:51:00 AM
Self moderated topics are a horribly bad idea.

Why were they even introduced?
1955  Economy / Securities / Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx on: May 18, 2013, 09:50:27 AM
MPOE-PR, Havelock Investments have 0 fees on either buyer and seller side, yet you state your 0.2% fee sell-side is the lowest in BTC (is BTC a place now?).

Care to amend, or comment on your claim?

The best I can do is look at their site. What I see there is Sign In/Register Fund Reports Our Funds Contact Us. I don't happen to be a user, so which of these should I click to see your claim confirmed?
1956  Economy / Securities / Re: Avalon Value Comparison on: May 18, 2013, 09:49:44 AM
Guess its a hot topic! Inspired by fizzisist's btc-priceimg I wrote a little script to convert current BTCT.co and MtGox last trades into a dollar value. Of course if everyone dumped their BTCT.co shares at once the price would not hold, but it should provide some perspective.

BTCT.co last * MtGox USD last * total ASICMINER shares =

Updates every 5 seconds!

If you want to format it for your own purposes here is a .txt http://textray.com/asicminer_value.txt

Cool to have a second company worth over 100mn in Bitcoin.
1957  Economy / Service Announcements / Re: The EFF now accepts Bitcoin donations again. Donate! on: May 18, 2013, 09:49:22 AM

They don't endorse it but they'd like to get some. Nice people, but until they figure prominently in the defense of some sort of Bitcoin something they get squat.
1958  Economy / Service Discussion / Re: Inaba/BFL/WTF??? on: May 18, 2013, 09:48:32 AM


Actually Amy looks doable.
1959  Economy / Service Discussion / Re: bitbet.us scammers ignore delivered BFL products on: May 18, 2013, 09:47:25 AM
This thread would benefit from more colors. Here are some colors for it:

1960  Economy / Service Discussion / Re: bitcoins on forex minute now on: May 18, 2013, 09:46:12 AM
If you search google, you get astroturfed and "planted" pages by ForexMinute that mask their advertisement as "user reviews" (similar to ad sense google marketing scammers). This alone tells you they're dishonest and shady, as for being an outright scam, who knows. I'm not gonna try it and find out.

Something like this.
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