Doge was the first coin to capture the imagination of people not in the core Bitcoin demographic
That's the best euphemism for "fucktarded kids with no money and no clue" I ever did hear! Doge is roughly speaking the filter in the fish tank: it sucks in all the shit&scum - the people stupid enough to fall for scams after they've been worked out of their last penny; the wanna-be "daytraders" living with their parents & assorted ten dollar dreamers; the coffee shop ideologues and armchair strategists plus all the rest of the useless internet population - the kids being parented by the web because their parents don't care enough and/or can't afford anything better; the sort of autistic savants that spend their time updating wikipedia, voting on reddit and so forth. Keeping Bitcoin clear of all this is a great service, for which a group of marketeer wanna-be entrepreneurs is graciously paying. Their burn rate sadly means they'll run out of money to pay for all the shilling, which means this attempt's getting shelved soon enough. Fortunately however, there'll be legions more idiots who have no idea how to math, and have no data upon which to math, who'll start over trying to be "as successful as Doge". How are they to know that a few months in the aggregate ROI was barely 60%, and otherwise a monotonous degressive function. Spam works pretty much the same way - no one's actually seeing green, but there's no shortage of people who imagine that they will, and so it keeps going on. A torch always carried by new people is still moving, after all. It has 750+ comments in four hours... jeebus!
And those comments aren't worth a satoshi per. II. This month is interesting in a very general perspective because it offers a solid data point. The substance of the matter is that one user sent a late bet, of the sort that ends up in the feared “generous donations” rubric. This is a recurring problem, albeit in general users are more inclined to take responsibility. This particular user had a lot of trouble coming to terms with reality however, and instead spent his time creating multiple bitcointalk threads, plus lots of reddit and twitter spam. To quote a relevant tidbit, i’ve spent a lot of time spamming reddit and the forums telling people about bitbet scammers so i’ve already done damage to their brand, which they deserve for being theives
While the forum voting function collecting the anonymous opinions of uninvolved third parties came out 70 - 29 (out of 99 votes cast) in favour of his nonsensical demands, expectations and misrepresentations of fact and while the various other social media venues showed very similar consensus, BitBet nevertheless saw significant BTC inflows : more than triple the volume of last month, making November the best month in its history. There are two possible constructions that may perhaps explain this seemingly anomalous result. One is that the aggitation exposed BitBet to people who having never afore heard of it, took the time to consider its workings, found them sensible and began using it. The other is that the aggitation proved to users already more or less familiar with BitBet that the management is firmly and unwaveringly decided to apply contracts exactly, which in turn encouraged them to take larger positions than they would have otherwise entered. It may be said this latter theory is weak, seeing how BitBet quite famously broke the Josh Zerlan betting con and so if anything would assure people that, rather than this, would have been it. Further it may be said that the two considerations are purely coincidental, and the evolution of BitBet incoming bets has exactly nothing to do with the aggitation of forums and other social media sites. In either event, the moral I see in this adventure is that entrepreneurs are well advised to disregard the “wisdom” of crowds - they seem to go a lot on gut feeling and apparently guts are mostly full of shit. At the very most “public opinion” as represented on the Internet is completely unrelated to reality, and clearly there exists a distance - perhaps a quite large distance - between what a brand actually is and what Interneteers think, or claim to think on the topic. Perhaps all the money spent to “influence” social media users, and to “measure” web engagement and so on and so forth could be better applied elsewhere. Just a thought. (from BitBet's November report) For the price of a few satoshis I can relive what I missed in the first year of Bitcoin
Fun fact: at the time of the 10k BTC for a pizza deal, Bitcoin was worth ~100 satoshi per (ie, 1,000,000 of those BTC = 1 of today's BTC). |
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Everyone affected by this issue should do as you've done - create a support ticket about it. Support is limited over the weekend, but we'll be replying to these tickets today and tomorrow. I agree it's better to remove the address, and I'm recommending we do this, but it has stayed up for a bit because others on the team thought it might create anxiety for users if the address just disappeared. Nobody has made further deposits to the address, so it hasn't been an issue so far.
The bug that caused this has been fixed now, so the only issue left is returning funds. We estimate that we can credit everyone for their deposit within 1-2 weeks. But as I said please create a ticket about it.
This is horrible damage control. You have to be fucking retarded to come back with a pooh-pooh no big deal, we lost 600 BTC which we can't cover please make support tickets. At the rate you are going this is turning into BitFunder 2, and apparently people were expecting a lot more from your group. Effective immediately: A. You personally must quit. You are much too stupid to in any way be involved in any sort of BTC venture, after that post. Buzzdave was killed by much less. B. Kraken must get someone who knows what time it is to do forum PR or else forget forum PR. It's not a game for everyone. |
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Cheap material, unflattering cut, third world manufacture, an expensive suit indeed! Didn't read the thread, I could almost feel the verbal diarrhoea dripping on my tailored Brooks Brothers polo.
So you're nobody in an overpriced polo shirt. Congrats. Who cares? |
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what a creative name for the coin...
The name is the best part and really the point. So let the games begin: I PM'd some folks but haven't heard anything back, and I read above that it's more above-board to bid publicly. I'll buy ATC for 0.2 BTC per 100,000 ATC (200 satoshis per ATC) until end-of-day Feb 5th (GMT). PM or reply here... Rival, how much you got? Ankle pins can't be cheap, man. "I got a fever, and the only prescription, is more Altcoin!" - https://en.wikipedia.org/wiki/More_cowbellNice. I'm still game for up to ~500k ATC at 125 satoshi each. |
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Yeah dude, totally, shit will cease to exist because some derp said something on his vlog somewhere. This is definitely how things work. PS. Apparently you did get a lol out of MP. Well done, want a cookie? |
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Thank you for your patience in our launch! We set a date for February 3rd because we wanted to make sure we had a sound business plan before moving forward. We will be working on our website and hope to have it up by early Q2.
So how about posting said "business plan", along with any other signs that you're qualified to do what you propose to do? Reposting memos and signing up for non-IPOs on a scammy exchange don't really work in your favor. |
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I get so many lulz out of you and MP. Thanks for keeping it real lol
Whose puppet are you again? |
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1. MP tells dogetards to fuck off, yesterday. 2. Feb 02 21:24:15 <mircea_popescu> basically bitcoin got attacked in 2013 by the most unlikely of sources : the dieing start-up circus. Feb 02 21:24:42 <mircea_popescu> most nobody even noticed, or cared. except for the finest tuned of watchdogs or w/e That was...about 7 hours ago. 3. Doge devs backstab everyone and run. That was...about 6 hours ago. Wink wink nudge nudge. |
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you are one of the most ignored here. Posting fake quotes might be one of the many reasons why.  The quote is closer to the original than the current form you edited your post to, scammer. |
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speaking about scams did you ever pay back the bettor who had 10 bitcoins stolen from him?
No, but I did laugh at an idiot who thought fucking up entitles him to pats on the back. |
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Ignored since day one.
Born May 11, 2013, dead by September 2013, finally buried December 22nd. This, for the record, is the fate of all you fuckwits who imagine ignoring me does anything. You die. Alone. It makes the world a better place  Hey guise, this is how I stole a bunch of BTC from a bunch of idiots just like you in 2012. Hopefully they're all gone and maybe if I manage to get you to ignore everyone who knows about it I can steal a bunch more in 2014.
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lmao stupid MPOE and his fucked up set of elitist morals, this IPO is a scam but ppl r sick of hearing your bullshit.
your mpex website looks like total shit btw u fuckin douchebag, u claim to be professional and all just look in the mirror. I saw ur post where u lecture ppl on how they should do business like ur some kind of authority, and if they dont follow ur rules they are not worthy. Good thing ur a dying breed and no one listens to your advise.
So go ahead and join the legions of illiterate halfwits who imagine disliking me will save them from their own stupidity. Doesn't change a thing about this "offering", reality itself, or me. |
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You run a very deceptive ponzi scheme albeit a very successful one. Grats.
Alternatively, you're just installment #4587 of anon noob with firmly impacted if erroneous notions. Look up EskimoBob (who meanwhile turned scammer); ciuciu (who meanwhile turned scammer); there's a legion of them. |
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but anyone [...] will tell you
See, this is the part you have trouble with: the opinions of "anyone" aren't worth squat. |
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I am. I can offer bitcoin, litecoin, or USD. Please check PM
Wouldn't it be a lot nicer if you just made a bid here, like a transparent, honest businessman? |
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I am pretty butthurt about all the pyramid schemes I didn't get involved in early you're right. How early did you get in? How much btc have you made off your recruits?
Here's some interesting actual data: the original shares were sold through a blind placement. They went for 9085 satoshi on the first round and 2433 satoshi on the 2nd round. Currently the shares trade around 90,000 satoshi. That's a 1000% to 4000% increase over less than two years, and some off the cuff calculation would indicate S.MPOE has generated just about a billion dollars' worth of new wealth for its holders. Which favorably compares with the sum total of all Bitcoin related ventures, plus all alt-chains, plus everything else. MPEx is, quite simply, the biggest thing that ever happened in this space. On the other score: MPEx has been humiliating the SEC in public since 2012. Moreover, the DFS itself came to the conclusion that MP's 2012 article on the topic of Bitcoin regulation is both sound and controls the matter. That's right: it took the USG two years of hewing and hawing to finally work up the balls to come out and plainly state "yeah, that MP guy actually knew what's what way before we figured it out, you should probably just listen to him in the future because we're 12 and what is this." Sooner or later you're going to just learn to deal with it: there are huge things in Bitcoin, whether you agree or not, whether you understand how they work or not. They don't give a shit about you, or your government. Again, whether you agree or not. Such is life. |
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Ignored since day one.
Born May 11, 2013, dead by September 2013, finally buried December 22nd. This, for the record, is the fate of all you fuckwits who imagine ignoring me does anything. You die. Alone. |
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I'm curious what peoples thoughts are on this whole GBBG stuff. If they're a scam why are they on bitcoin foundation? That means bitcoin foundation is fake too? and coinbase? If a fake company ponzi HYI-whatever company is on bitcoin foundation then how legit is bitcoin foundation? I'm new to the bitcoin scene... just wondering. Thoughts?
Because...that's what the Bitcoin Scamdation...is...does? |
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And its not hard to be right every once in a while when you call every project a scam in a market with 95% scams.
Once in a while, eh? Aren't you the little misunderstood hero. It certainly doesn't take 12btc per month to do that
It takes whatever MP says it takes. This being the difference: nobody asked you a damned thing. At the rate you're going that's never changing, either. Anyways now that it has been confirmed to be nothing more than a way to move money around without creating any value I think we can let this thread die and the free publicity with it.
Congratulations on having literally destroyed all of Wall Street, its hopes and aspirations thrown into the gutter by the valiant logic of one lonely anon fuckwit. Or did I miss the picture of YOU sitting around at a table with "some people" including the hottest chick on this forum in her 19 inch red heels? What shall you do next? End poverty? Cure cancer? Stop and think for a minute? It basically just says that you need to have capital which is a joke because only a year ago it required 200 dollars capital and it now requires 30 grand..
30 BTC is still 30 BTC. What are these "grands" you speak of? Seriously, what is it you're so butthurt about?
Less butthurt. More confused as to why this recruitment scheme has such a delusional cult following. What exactly gave you the impression you're being recruited?
All revenue from new gamblers = ponzi.
Of course that assumes the new gamblers are even real..........
This "ponzi" has been here before you, and before him, and before the first actual Bitcoin ponzi even collapsed, or even started. In fact, this "ponzi" is a good chunk of the actual reason that first ponzi died, at a time when most everyone else was about as clueless as you are today. You not knowing WHY Bitcoin is worth a lot today doesn't change things around. MPEx is there. You're neither here nor there. Because you need a higher than average apr to accomodate for the ridiculous registration fee. Otherwise it wouldn't be an intelligent investment, even if you overlook the fact that its basicly a pyramid scheme.
Depends on your volume. If your volume is negligible, then an upfront fee is a big problem. If your volume is significant then the fact MPEx trades at 0.1% average is a major point. At some point you gotta stop and think about your relative position in the world. |
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