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301  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Eventually Kill Facebook? on: February 12, 2015, 07:50:37 PM
Basing on this news: http://bit.ly/1yGPr3H

Synereo will be a lot to handle once it gets going. Do you think, Bitcoin could kill other social media giants like Google plus, Twitter and Facebook?
Or will Facebook finally integrates bitcoin to its platform? Smiley

What do you think?

Nope, doesn't look like anything like this will ever happen. neither do I think some social media site will replace FB either.

Personally I don't see why this would happen ..
302  Other / Politics & Society / Re: How Much Prison Time for Ross Ulbricht? on: February 12, 2015, 07:43:54 PM
He'll probably get life and serve 20-30 years with good behaviour. His lawyer plans to file an appeal.

There's no parole in the federal system .. with 'good behavior' he can only get a 15% sentence reduction, max. 

He'll probably spend most of his time in solitary, so it should be pretty easy to behave 'good'
303  Other / Politics & Society / How Much Prison Time for Ross Ulbricht? on: February 12, 2015, 07:31:31 PM
The mandatory minimum for Ulbricht's 'crime' is 20 years, based on the 'kingpin statute.'  He could be sentenced to life in prison.  The judge could always vacate the conviction on technical grounds, but the chances of that happening are roughly equal to Michael Jordan jumping over the Empire State Building.
304  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: February 12, 2015, 07:27:19 PM
To me it appears to be pretty simple for both BurtW and Charlie Shrem cases since they are so similar:

If a user/buyer of Bitcoin tells you they plan to do something illegal with the bitcoins you sell them, then just do not sell to them.

It is just like if you sell a guy a gun knowing he said he will commit murder. Of course buying illegal things and killing people are two worlds apart the principle is simple.



Yeah, that is probably good advice. And just don't ASK why someone is buying or selling btc.  It's none of your business.  If the guy says something about illegal activity without being asked, then you're probably getting set up by feds .. back out of the deal FAST is my advice.
305  Bitcoin / Bitcoin Discussion / Re: Why did precursors to Bitcoin Fail? on: February 11, 2015, 12:26:51 AM
bitcoin solved the problem of double-spending, of course
306  Bitcoin / Bitcoin Discussion / Re: Who is "Variety Jones"? on: February 11, 2015, 12:24:47 AM
Lmao, gotta give it to the man, "Variety Jones" sounds so smooth, cool nickname, would be a good character in a tarantino movie.

Guy must be good at a variety of things. I mean even coming up with names hes quite clever: "Dread Pirate Roberts" - "Variety Jones"

AGREE

I bet he's the real brains behind the site. Smart chap.
307  Bitcoin / Bitcoin Discussion / Re: Who is "Variety Jones"? on: February 11, 2015, 12:23:55 AM
- The Jester >> No.

- Dread Pirate Roberts (or the "Real DPR" - SR2+reloaded admin) >> No, too stupid, used his real email.

- an FBI agent >> Doubtful, as VJ gave DPR some good tips.

- Satoshi Nakamoto (thx neurotypical) >> Possible, but why get involved after getting out of the game?

- Russ Ulbricht (He could have invented the "Variety Jones" character to use this as a proof of his innocence on a possible future trial) >> He wasn't smart enough for that. He didn't have an operational security mindset.

- Rene Pinnell >> Don't know who this chap is.

- Marc Karpeles >> Nah, he made enough money stealing Gox funds!
308  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: February 11, 2015, 12:20:49 AM
BurtW was recently arrested. The indictment (located by Raize):
http://www.scribd.com/doc/248973784/Bitcoin-indictment

Is there anything we can do to help him? There's a site with a donation address, though I'm a little suspicious that the site might be fake. (The arrest itself is very likely real.)

Just curious... did you do anything to help Ross?? I mean Besides turning over the IP info on him to the feds!

lol no theymos didnt do shit except helm them convict him ...
309  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: February 11, 2015, 12:18:33 AM
he'll do some real time, at least 2yrs, maybe 5yrs .. then halfway house, then 3yrs probation, felony conviction .. all for what? selling some fucking digital money? Absurd.
310  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: February 10, 2015, 01:19:18 AM
best of luck to BurtW .. seems like the System got him in its jaws now
311  Bitcoin / Bitcoin Discussion / Re: Study Says - 50% Drop In Cryptocurrency Transactions Will Happen This Year on: February 10, 2015, 01:13:25 AM
this would obviously hurt the price ..especially with miners pumping out 3600 coins per day
312  Economy / Speculation / Re: WTH is happening over at Coinbase exchange? on: February 10, 2015, 01:12:21 AM
coinbase ripping off its users again?
313  Bitcoin / Bitcoin Discussion / Re: Attention Cryptsy Users: Somethings Very Wrong With Cryptsy Lately. Be Advised. on: February 03, 2015, 01:12:19 AM
Yeah, I'll tell you what's wrong: it's turning into a SCAM
314  Bitcoin / Bitcoin Discussion / Re: First Halifax, now HSBC - ACCOUNT CLOSED on: February 03, 2015, 12:51:38 AM
scammed by a bank, what's new?  forget the banks .. thats the whole point of crypto currency
315  Bitcoin / Bitcoin Discussion / Re: 'Bitcoin Elite' to Gather on Secret Island for Bilderberg-Style Retreat on: February 03, 2015, 12:49:59 AM
wow, this is truly disgusting .. i hope a tsunami drowns that fucking island
316  Bitcoin / Bitcoin Discussion / Re: ISIS and Bitcoin Again on: February 03, 2015, 12:48:29 AM
ISIS and al-qaeda don't use bitcoin, they use couriers and cash, Western Union sometimes. they aren't technical enough to understand or use bitcoin
317  Bitcoin / Bitcoin Discussion / Re: Why are merchants not serious about the advantages of Bitcoin? on: January 29, 2015, 12:57:08 AM
merchants are getting onboard, consumers are the problem.
318  Bitcoin / Bitcoin Discussion / Re: Will Coinbase be Americas Major Exchange? on: January 29, 2015, 12:55:14 AM
coinbase is a joke of an exchange .. plugged into the IRS and FINCEN, reporting all your transactions to the government so they can fuck you up the ass on a tax audit

good luck with that!
319  Bitcoin / Bitcoin Discussion / Re: Who is "Variety Jones"? on: January 26, 2015, 01:31:59 AM
someone smarter than Ross, obviously :-)

or a government informant, who knows ...
320  Bitcoin / Bitcoin Discussion / Re: BurtW arrested on: January 26, 2015, 01:31:04 AM
what exchange did he run, or was he just a localbitcoins seller?
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