How do you know MNW and Pirate aren't in cahoots? Perhaps the actions MNW took gave time to pirate to take care of his own personal obligations first during the initial chaos. Why couldn't this be the case?
That... would be too scammy of a thing to do even for Matthew  Do you know him? Does anyone know him - for fucking real? Didn't some of these PPT guys actually meet Trendon in LV? Or was that total bullshit, too? From my interactions with him over the course of the year, Matthew never struck me as a rude, inconsiderate asshole (pirate definitely did). At most Matthew was always a somewhat insane weirdo with a severe lack of maturity, and excessive trolling tendencies. I may be wrong, but his character definitely did not fit the profile of someone who would team up with Pirate to purposefully rob people like that (I'm still of the opinion that he chickened out on the bet or something, which is different from basically premeditated theft.) |
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Their best option is to sell them now, and at least recover something. Anyone still holding bonds decided to risk everything instead of cashing out for a small loss.
Who in their right mind would buy those bonds off the sellers? Is there even a market for them any more? (or did you forget that selling must also include buying?) |
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Anyway, weekly interest has been paid, and available funds (loan repayment proceeds) have been pro-rata paid to those with withdrawal requests. Transactions will hit the blockchain when the wallet syncs properly.
Waitwaitwait. You can't pay all the loan requests, but you can pay interest? Where are those interest payments coming from? I hope when you say "weekly interest paid" you mean you actually took what you received in interest, and split it up between all the investors, so that their actual BTC holding accounts have increased, instead of just increasing everyone's interest on paper, and giving out ALL available BTC to cover withdrawal requests. |
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Apparently such a community forms once a year for a week in New Hampshire http://happyporcupine.info/Some of the very prominent Bitcoiners from here attend. |
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How do you know MNW and Pirate aren't in cahoots? Perhaps the actions MNW took gave time to pirate to take care of his own personal obligations first during the initial chaos. Why couldn't this be the case?
That... would be too scammy of a thing to do even for Matthew |
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Re - Wikipedia: the quote "Facts have a liberal bias" comes to mind...
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This is a better avenue than hiring gypsies or Ukrainians (LOL)
Trust me, with Ukrainians you'd get your money much faster and somehow I believe they are cheaper than what you pay for police via taxes. Gypsies could just run away with your money, but they're even cheaper. Or you could set his car on fire. When I was a kid there was a car blown up in my town every few months. Ahh... you're making me feel nostalgic   Also, though I'm Ukrainian, my services are not for sale  |
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I still think "AN INDIVIDUAL DEEP IN THE SUFFERING OF SEXUAL IMMORALITY " is the most awesome thing anyone has ever called me |
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There needs to be a "I know where you live" rating. I suggest "IWKYL."
"I will kill you, later?" |
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Would be a quick way to make the trolls go away.
The very fact that they are labelled trolls makes that highly unlikely. I guess "troll" is directly proportional to the level of transparency they're asking for. |
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Added my bit. Let's see how long it lasts.
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He has never behaved less than impeccably in his business here yet since Pirate's gone he's the next easy target.
Has he yet disclosed to his investors what obligations he has, what assets he will use to cover those obligations, and what losses are being passed on to them? If not, I'd say he's behaving at least a bit less than impeccably. Shouldn't this be something very easy to put together? Would be a quick way to make the trolls go away. |
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Feature request:
Allow to resend a transaction with a higher fee.
if it uses the exact same prevouts their shouldn't be a problem: just resend it and (maybe) use an additional prevout to cover the higher fee.
if the old transaction confirms the new one cannot and the other way around: so it should be safe.
Can I use this method to pay a merchant with a lower fee, and then 5 minutes later pay that same amount to myself with a higher fee? |
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In Bitcoinland, we have just passed through stage 7 (though at a smaller scale, even if the losses, $750k from Ginko, were much smaller compared to BTCS&T's $5mil). This is warrantless optimism. I don't see end of this "stage" anywhere in the sight, especially with steady inflow of newbies. People in general are poor with money management even within heavily regulated area of fiat currencies/credit cards. And even if you succeed with some community self-regulation ( had that ever succeeded in history?), don't forget there are billions of other people that don't speak english/don't know about bitcointalk/don't trust us/etc. The part in bold is kind of my point: I'm not sure we really ever had a chance to try to succeed, since every time 7 happened, 8 (laws and regulation) followed. My optimism only extends to being able to see what will happen. Perhaps you are right, and thanks to Bitcoin we will be stuck in stage 7 for ever. Maybe we'll come together to form some sort of ratings body that, while doesn't have any legal force, can use its ratings power to destroy anyone who doesn't conform to accepted practices. Or perhaps the outcome will be something else, and something totally unexpected. I don't know. I believe people in general are good, so perhaps I am a little optimistic. |
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That's my understanding, but perhaps a bit less. My two mini-rigs each only use about 1,140W. It's nice to know that I don't have to go through the same pain again of figuring out how to sufficiently cool the SC upgrades when I get them. That was much more challenging than I expected with my current equipment. In hind-sight, I feel stupid for not being prepared before I got them.
If I may ask, how do you cool them? |
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I'm thinking of buying the BitForce Mini Rig 'SC' ($30,000 one). Wondering if it will be worth it. For some reason, every bitcoin mining calculator says that it will pay for itself within a year, even after the block drops to 25, and if the difficulty jumps 10-fold (unless these things use something like 5,000W of power). Does anyone know if the specs (power, size, anything) for these things is out? My main concern, actually, is whether it will fit through my front door, and whether my home's power lines can handle it I don't recall where, but BFL has stated that (paraphrasing) SC generation devices will not use more power than their FPGA counterparts. So, estimated 1,250W for the Mining Rig 'SC' as opposed to, say, 12,500W? |
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I learned that Arab is a nationality.
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I'm thinking of buying the BitForce Mini Rig 'SC' ($30,000 one). Wondering if it will be worth it. For some reason, every bitcoin mining calculator says that it will pay for itself within a year, even after the block drops to 25, and if the difficulty jumps 10-fold (unless these things use something like 5,000W of power). Does anyone know if the specs (power, size, anything) for these things is out? My main concern, actually, is whether it will fit through my front door, and whether my home's power lines can handle it |
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Sad face. Oh well. What a lowlife. I'm hoping karma usually takes care of these guys.
I'm guessing karma is kinda what happened to him here. Though I'm a tad worried he may have took on a bit of pirateat40's karma, too. I hope pirateat40 gets some of that karma thing too. |
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