Bitcoin Forum
July 05, 2024, 03:39:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 »
21  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 06:18:21 PM
Yeah, I publicly admit that people LOSE MONEY ON PONZI.  They can also win.
Funny how you phrase it like that, with a generic statement that applies to every type of gambling and investment.  That's Scamming 101.  "Folks, I can't guarantee you'll get rich on this.  You could technically lose your money.  But that's life:  you've got to spend money to make money!"

Quote from: ineededausername
This full disclosure makes ponzi NOT A SCAM.
Full disclosure?  That generic statement is not full disclosure.  Full disclosure in a Ponzi scheme would be maintaining an updated listing of how many people have paid in so far, how many more have to pay in for the previous group to collect and how many MORE will have to pay in for you to collect.  No Ponzi schemes do this because people would stop putting their money once the numbers point to collection being nearly impossible. 

But since you're obviously very interested in running an honest operation, I'm sure you'll want to include this information for people to make an informed decision before joining...
22  Other / Off-topic / Re: Bitcoin business opportunity on: October 30, 2011, 04:29:37 PM
Why don't you give some examples of some of the upscale menu items you envision being prepared by your robot army?  Right now, I'm picturing that dog food can opener at the start of Back to the Future.
23  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 04:16:18 PM
Giving money to Nigerian princes and joining Amway is also voluntary.  That doesn't make either any less of a scam.  Scams that prey on people's natural stupidity and greed don't stop being scams simply because the mark isn't robbed at gunpoint.
Nigerian princes promise something that they can't deliver. I don't.
Amway is a perfectly legitimate business by my standards (or at least the concept of Amway -- how they operate is an entirely different matter...).
Some people win, others lose.  Gambling as a whole "preys on people's natural stupidity and greed."  That doesn't make it morally wrong.
I'm tired of arguing with people like you.
Arguing with me is voluntary, therefore you must enjoy it.

The gambling analogy is a good one.  Gambling can be done fairly, but not all gambling is fair.  Let's say I create a game with complicated rules that pays out well at first to draw people in but eventually just takes everyone's money, that is a scam.  But just because that game is unfair doesn't make poker a scam.  See, some things are scams and some things aren't.  Ponzi schemes are scams.  Puppies are not.  Nigerian prince emails are scams.  Hugs from your grandma are not.
24  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 03:49:59 PM
I don't understand why the Bitcoin community embraces scams like Ponzi schemes so enthusiastically.  Crap, theymos had (still has?) a link to a Ponzi scheme in his sig for the longest time.  It's just sad.  And letting one of the least reliable forum posters run one in the main forum for "charity" is beyond embarrassing. 

If you read the rules for Ponzi and still think it's a scam, you're an idiot.  It's a voluntary activity.
Giving money to Nigerian princes and joining Amway is also voluntary.  That doesn't make either any less of a scam.  Scams that prey on people's natural stupidity and greed don't stop being scams simply because the mark isn't robbed at gunpoint.
25  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 06:16:42 AM
I don't recall a single time I've failed. I've found things that don't work but failure? Hah. I haven't cost anybody anything.
Time and again you have proposed projects that you have failed to complete.  Most times you have failed to take any action at all.  Your reputation is nothing but failure.

If someone opens a restaurant but doesn't make any food, that's a failure.  Yes, they could have also robbed people who came in to eat, but that's hardly an accomplishment.  It's sad that you can only defend your reputation by pointing out the times you could have stolen from people, but didn't.  
26  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 03:40:38 AM
Fixed that for you.
Oh, I know you think you're reliable.  That's because you're delusional, which is part of the reason you're such a hopeless fuck-up.  The last time I asked you why people would believe you would carry out the work you proposed doing in light of your 0% follow-through record in the past, you said that you truly believed in the project and would never stop fighting for something you believed in.  Within about six hours, you had closed the thread and cancelled the project.  

What's sad is that the admins here have witnessed your countless failures and lies but choose to do nothing to protect those who might not be aware of your history.  I guess pro-Bitcoin zealotry outweighs honesty and ability.
27  Other / Off-topic / Re: I.Goldstein's charity ponzi on: October 30, 2011, 02:31:43 AM
I don't understand why the Bitcoin community embraces scams like Ponzi schemes so enthusiastically.  Crap, theymos had (still has?) a link to a Ponzi scheme in his sig for the longest time.  It's just sad.  And letting one of the least reliable forum posters run one in the main forum for "charity" is beyond embarrassing. 
28  Bitcoin / Bitcoin Discussion / Re: A revolutionary Bitcoin idea free for the taking. on: October 29, 2011, 03:46:38 PM
Why do people feel the need to insult libertarians? Believe it or not, there are principled reasons for believing in a contract-based society.
Quote from: Gabi
That's why eula exist
LOL.  Principled contract-based society == "hide stuff from people in page six of the EULA".  Awesome.
29  Economy / Service Announcements / Re: bittit - Sell your pictures for Bitcoins on: October 29, 2011, 04:30:18 AM
Your photo has been uploaded successfully and it will be approved in the next few days.


^ that is way too long these days hours should be more like it at worst
Or just upload them and let users flag inappropriate pictures.
30  Bitcoin / Bitcoin Discussion / Re: A revolutionary Bitcoin idea free for the taking. on: October 29, 2011, 04:23:01 AM
Yes, because web hosting is SO EXPENSIVE that tons of people are going to flock to host their site on a server that slows anyone who visits it's computer to a crawl and immediately gets them blacklisted by every web filter in the world.  This is a genius idea.  Whoever implements it should give you at least 70% of the profits.
31  Economy / Service Announcements / Re: bittit - Sell your pictures for Bitcoins on: October 29, 2011, 04:17:57 AM
Is it a problem if the tits are super hairy?
32  Other / Off-topic / Re: Rochelle Hub Theater on: October 29, 2011, 03:58:04 AM
It takes a long time to raise funds for a worthwhile project, even when it's done correctly: http://www.townofchase.org/




I wonder which web forum they did their begging on to pay for that thing?? 
33  Other / Off-topic / Re: Rochelle Hub Theater on: October 28, 2011, 12:55:45 AM
You might actually be the least qualified person on the planet to do something like this.  And yes, I'm including Atlas.  Let's see:

1.  You tried to start a business selling gift cards for more than their face value, and couldn't even float the money to maintain ANY inventory:  people had to wait for you to get their payment, have the gift card shipped to you, and then ship it to them.

2.  You think 10% of $5 is $2.

3.  You tried to bill another forum member for seven hours of work on top of their original payment to upload a 125 meg file onto their server.  You took this job despite not having the tech expertise to type in your gift card business name into the prebuilt web page template you used.

4.  You had to take out a loan to repay a debt of like four bucks, yet proposed starting an ONLINE CASINO.

You have the business sense of a traffic cone.  I'd sooner drop money into a sewer grate than give it to you.
34  Bitcoin / Bitcoin Discussion / Re: Vow not to exchange bitcoin for fiat on: October 22, 2011, 04:18:57 PM
Maybe to raise awareness, people who pledge to hold onto their Bitcoins even in the face of temptation could all wear a ring as a symbol of their pledge?  This way, when they're in the heat of trading and are tempted to click the mouse and sell off their precious coins, then would see the ring and remember what Bitcoin is really about.  Not money, but something more.
35  Bitcoin / Bitcoin Discussion / Re: Am I the only one here... on: October 20, 2011, 03:27:40 PM
LOL.  It says something about this forum that I knew you were talking about posts like mine and not the OP of that thread.  Because of course a tinfoil hat thread about sinister forces marshaling to drive down prices is a quality contribution, whereas any post that hints at the facts in front of your face being a natural (and predictable) consequence of weaknesses in the project has to be trolling.  

Hilarious.  I'll report to my masters (a shadowy cabal of bankers and global power brokers) that you're onto us and Operation Post On A Web Forum will have to be aborted.  Stand by for phase two:  Operation Send Out Some Tweets.

It just strikes me the amount of energy you invest in something you consider a failure.

not to mention the fact that he views an up and down move in a fledgling currency in a short 6 mo of a 3 yr lifespan an indicator of failure.  LOL!

Did you read my post in that thread?  I didn't say anything even close to that.  What I said was that the price has and will continue to drop because Bitcoin has not achieved any objective value beyond speculation, and the speculators' ability and willingness to throw money at it is being overwhelmed by the number of coins being mined and the large supply currently held only for the increasingly unlikely hope of long term gains.  

I know it's easier to argue against what you wish people were saying than what they actually are, but it's lazy.  It's also a lot closer to trolling than anything I've posted.

Ok, then what is your goal? Teaching?

Uh, I'm guessing the same as yours:  to read and post on a web forum.  Well, not quite the same as yours, because I'm not starting tinfoil hat threads.
36  Bitcoin / Bitcoin Discussion / Re: Price Conspiracy on: October 20, 2011, 03:17:45 PM
No one who isn't a true believer uses Bitcoin. 

Simply not true. I had people buy bitcoins from me for cash with the sole purpose of "buying something online that can only be bought with bitcoins". These people found bitcoin a nice idea, but they were not "true believers".
What, drugs?  If the selling point of Bitcoin is that it can enable drug sales and money laundering, oy.  That's going to make mainstream adoption harder, not easier.
37  Bitcoin / Bitcoin Discussion / Re: Am I the only one here... on: October 20, 2011, 05:42:14 AM
LOL.  It says something about this forum that I knew you were talking about posts like mine and not the OP of that thread.  Because of course a tinfoil hat thread about sinister forces marshaling to drive down prices is a quality contribution, whereas any post that hints at the facts in front of your face being a natural (and predictable) consequence of weaknesses in the project has to be trolling. 

Hilarious.  I'll report to my masters (a shadowy cabal of bankers and global power brokers) that you're onto us and Operation Post On A Web Forum will have to be aborted.  Stand by for phase two:  Operation Send Out Some Tweets.

It just strikes me the amount of energy you invest in something you consider a failure.

not to mention the fact that he views an up and down move in a fledgling currency in a short 6 mo of a 3 yr lifespan an indicator of failure.  LOL!

Did you read my post in that thread?  I didn't say anything even close to that.  What I said was that the price has and will continue to drop because Bitcoin has not achieved any objective value beyond speculation, and the speculators' ability and willingness to throw money at it is being overwhelmed by the number of coins being mined and the large supply currently held only for the increasingly unlikely hope of long term gains.  

I know it's easier to argue against what you wish people were saying than what they actually are, but it's lazy.  It's also a lot closer to trolling than anything I've posted.
38  Bitcoin / Bitcoin Discussion / Re: Am I the only one here... on: October 20, 2011, 03:01:50 AM
LOL.  It says something about this forum that I knew you were talking about posts like mine and not the OP of that thread.  Because of course a tinfoil hat thread about sinister forces marshaling to drive down prices is a quality contribution, whereas any post that hints at the facts in front of your face being a natural (and predictable) consequence of weaknesses in the project has to be trolling. 

Hilarious.  I'll report to my masters (a shadowy cabal of bankers and global power brokers) that you're onto us and Operation Post On A Web Forum will have to be aborted.  Stand by for phase two:  Operation Send Out Some Tweets.
39  Bitcoin / Bitcoin Discussion / Re: Price Conspiracy on: October 19, 2011, 10:19:07 PM
Ok, bitcoin is a failure, So you are no this forum why?  To troll bitcoin users?
I'm on this forum because I think the concept of Bitcoin is interesting, even if the actual execution has been a complete trainwreck.  The fact that so many posters here can't bear to hear anything but "rah rah go bitcoin!" cheerleading is sad, and has kept the focus in the wrong areas for quite a while.  If you were actually trying to get a P2P cryptocurrency going, you'd discourage the mindless faith posts and focus on identifying and attacking the many, many barriers to widespread adoption.  But once the price shot up, greed-fueled optimism/delusion and political ideology has replaced critical analysis. 

Quote from: ericools
People do use them.

I used them to pay my programmer to write all the software my company uses.  I also purchased most of my computer hardware with them, and use them as a medium of exchange between myself and several friends.  They seem pretty useful to me.
No one who isn't a true believer uses Bitcoin.  If I want to buy something online, why would I use Bitcoins instead of my Visa card?  My Visa card costs me nothing, is accepted by 99.99999% of online merchants and fully protects me from being ripped off.  What advantage does Bitcoin have to the average online consumer over Visa?

Quote from: ericools
Is it really that outlandish to think someone would attach bitcoin.  Pools, and exchanges seem to get ddosed pretty often.
It's outlandish that you think there needs to be a conspiracy to explain the price drop of something that has failed to achieve objective value. 
40  Bitcoin / Bitcoin Discussion / Re: Price Conspiracy on: October 19, 2011, 08:48:39 PM
Oh, for fuck's sake.  Bitcoin's price has dropped (and will continue to drop) because there is no real demand for them.  No one is using them as a currency.  The only significant demand has been from speculators, the net effect of which has been to transfer money from themselves to early adopters / miners.  But that's over:  pretty much everyone who has cash to invest in Bitcoins has already invested it.  Meanwhile, tons of people are holding Bitcoins in the hopes of eventually selling them for a good price, and more are being mined every day.

You don't need a conspiracy to explain the price drop, just basic common sense.  A lot of people have to keep buying coins for the price to stay constant or rise.  Where is that money going to come from?   At the same time, you have to keep all the people currently holding coins from giving up and selling them.  Why would they?  At some point, sensible people will cut their losses once they realize there's nothing to stop Bitcoins from going to $1 and lower.  At that point, it will be a race to see who can get out fastest. 

The only chance Bitcoin had to gain real value was if the technical problems surrounding its use as an online currency were resolved such that people found it more convenient, inexpensive AND secure than credit cards or Paypal.  That hasn't happened.  So now it's just a speculative commodity, backed by nothing.  Those who realize this the slowest are the ones who will be left holding the bag.
Pages: « 1 [2] 3 4 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!