I personally have never seen an alpaca, and therefore doubt their veracity.
I doubt the existence of someone who assumes that because they haven't seen any alpacas, alpacas are liars. Whatever it is alpacas lie about, they're probably too good at it for you to tell just by looking at them anyway. oh.. and pyramids are evil. ..yet inevitable. and somewhat erotic... I've found a new respect for the both of you. I call it a new found respect. You quoted three people. One of us is going to be very disappointed when you clarify your statement. |
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I personally have never seen an alpaca, and therefore doubt their veracity.
I doubt the existence of someone who assumes that because they haven't seen any alpacas, alpacas are liars. Whatever it is alpacas lie about, they're probably too good at it for you to tell just by looking at them anyway. oh.. and pyramids are evil. ..yet inevitable. |
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Never?
Why it should implode? Especially now that it is having huge success?
The fact that you cannot long what you want on them doesn't means they are "broken". It's like saying your internet connection is broken because you are limited in speed and you cannot download faster. Or the hard disk is broken because it only allow you to put 2TB of data on them (it's a 2TB one of course)
You obviously speak from a rich set of metaphors built from a broad life experience. I am awed by your attempt at reasoning. Awed. Never mind that such an act by a licensed broker-dealer in the U.S. or U.K. could result in shutdown by the relevant regulatory agency. Of course, from the viewpoint of an investor in Bitcoinica it could certainly be construed as a technical act of bankruptcy, which would give them some out. I don't know what the equivalent legal requirements would be in Singapore, would the operators of Bitcoinica be caned if they couldn't pay off the right officials? You seem to be confused as to what and whom you are dealing with. This is a BITCOIN forum...you aren't going to find many people to back your demand for regulation and government nannies to protect your pocketbook. What is the point of this thread? Do you want to be cool and troll the hell out of Zhoutong like cypherdoc? Cause you aren't very good at it... If you don't like it, make a better one. No one gives a flying fuck what you think, our only concern is what you do. You really said "back your demand for regulation and government nannies to protect your pocketbook". You really said that. Thanks for the image of a fat, clueless white man bringing his favorite bogeyman along so he can have an opponent with which to show everyone his shadow boxing prowess. Look at 'em jiggle boys, he's a tough one! I don't get it. Also, fat jokes? Seriously? Odds are that despite my morbid obesity, I could rip both your arms off your torso...unless you are up several stairs. Then I can't get to you...but if I could... You don't get it? You are more of a dumbass that I thought. Think hard about what I actually said or didn't say, and then see if your straw man, or in your case more likely a blowup doll, wants to argue reactionary politics with you. It's been a long time since I boxed in the military and it's not like I would bother anyway, blowing your head off would work just fine. It's something I got a lot of practice at, I'm quite sure I still remember how. I know - how are you with a knife? I collected ears back in the day and took some scalps as well to commemorate the customs of my ancestors. Slowly skinning your bloated carcass alive would really bring back some fond memories of field interrogations I performed. Man, I had the touch, everyone said so, I used to get a lot of special requests from my associates. I'm sure it would be just like riding a bicycle, one never forgets. Cool story bro. I see you like Apocalypse Now. I thought that was a good film as well. Before my time old man. Central America offered plenty of work for private contractors back in the 80s. By the time Desert Storm came around, my reserve status was standby. So you were a murderer for hire? Cool story bro. I see you like Rambo. I also enjoyed that film. I feel a quote pyramid coming on. I'm in. 714: I think we've found your hero. http://www.cbsnews.com/8301-201_162-57351021/suspect-in-mt-rainier-shooting-found-dead-in-snow/What do you mean you're in? I don't fully understand that statement. Can you clarify for me? Well, see, it was a commentary on the state of politics in the middle east. 'I'm' represents western influence and 'in' symbolizes the juxtaposition between it and local muslim culture. A veritable powderkeg of deep thought, really. You know...this might just all be over you head, faggot. I was killing babies in Panama and making necklaces out of their severed limbs -all while not catching Noriega- when you were still in diapers. Contrary to your opinion of me sir, I am neither a homosexual nor interested in warfare. I am however interested in alpaca socks. Not socks made out of alpaca fur mind you, actual full-sized alpacas I can stick my feet in and have them walk for me. AHHHH OKAY, thank you so much for the succinct clarification. I was under the EMBARRASSING assumption that you ACTUALLY meant socks that ALPACAS WEAR, for when their fur is just not enough to protect from the elements. That is just plain absurd, sir. Alpacas would never wear socks without shoes. I can see how my clarification was necessary but now I feel that further clarification is necessary based on your assumptions. I personally have never seen an alpaca, and therefore doubt their veracity. I've seen Nefario. I believe he is an alpaca. |
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Never?
Why it should implode? Especially now that it is having huge success?
The fact that you cannot long what you want on them doesn't means they are "broken". It's like saying your internet connection is broken because you are limited in speed and you cannot download faster. Or the hard disk is broken because it only allow you to put 2TB of data on them (it's a 2TB one of course)
You obviously speak from a rich set of metaphors built from a broad life experience. I am awed by your attempt at reasoning. Awed. Never mind that such an act by a licensed broker-dealer in the U.S. or U.K. could result in shutdown by the relevant regulatory agency. Of course, from the viewpoint of an investor in Bitcoinica it could certainly be construed as a technical act of bankruptcy, which would give them some out. I don't know what the equivalent legal requirements would be in Singapore, would the operators of Bitcoinica be caned if they couldn't pay off the right officials? You seem to be confused as to what and whom you are dealing with. This is a BITCOIN forum...you aren't going to find many people to back your demand for regulation and government nannies to protect your pocketbook. What is the point of this thread? Do you want to be cool and troll the hell out of Zhoutong like cypherdoc? Cause you aren't very good at it... If you don't like it, make a better one. No one gives a flying fuck what you think, our only concern is what you do. You really said "back your demand for regulation and government nannies to protect your pocketbook". You really said that. Thanks for the image of a fat, clueless white man bringing his favorite bogeyman along so he can have an opponent with which to show everyone his shadow boxing prowess. Look at 'em jiggle boys, he's a tough one! I don't get it. Also, fat jokes? Seriously? Odds are that despite my morbid obesity, I could rip both your arms off your torso...unless you are up several stairs. Then I can't get to you...but if I could... You don't get it? You are more of a dumbass that I thought. Think hard about what I actually said or didn't say, and then see if your straw man, or in your case more likely a blowup doll, wants to argue reactionary politics with you. It's been a long time since I boxed in the military and it's not like I would bother anyway, blowing your head off would work just fine. It's something I got a lot of practice at, I'm quite sure I still remember how. I know - how are you with a knife? I collected ears back in the day and took some scalps as well to commemorate the customs of my ancestors. Slowly skinning your bloated carcass alive would really bring back some fond memories of field interrogations I performed. Man, I had the touch, everyone said so, I used to get a lot of special requests from my associates. I'm sure it would be just like riding a bicycle, one never forgets. Cool story bro. I see you like Apocalypse Now. I thought that was a good film as well. Before my time old man. Central America offered plenty of work for private contractors back in the 80s. By the time Desert Storm came around, my reserve status was standby. So you were a murderer for hire? Cool story bro. I see you like Rambo. I also enjoyed that film. I feel a quote pyramid coming on. I'm in. 714: I think we've found your hero. http://www.cbsnews.com/8301-201_162-57351021/suspect-in-mt-rainier-shooting-found-dead-in-snow/What do you mean you're in? I don't fully understand that statement. Can you clarify for me? Well, see, it was a commentary on the state of politics in the middle east. 'I'm' represents western influence and 'in' symbolizes the juxtaposition between it and local muslim culture. A veritable powderkeg of deep thought, really. You know...this might just all be over you head, faggot. I was killing babies in Panama and making necklaces out of their severed limbs -all while not catching Noriega- when you were still in diapers. Contrary to your opinion of me sir, I am neither a homosexual nor interested in warfare. I am however interested in alpaca socks. Not socks made out of alpaca fur mind you, actual full-sized alpacas I can stick my feet in and have them walk for me. AHHHH OKAY, thank you so much for the succinct clarification. I was under the EMBARRASSING assumption that you ACTUALLY meant socks that ALPACAS WEAR, for when their fur is just not enough to protect from the elements. That is just plain absurd, sir. Alpacas would never wear socks without shoes. I can see how my clarification was necessary but now I feel that further clarification is necessary based on your assumptions. |
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Never?
Why it should implode? Especially now that it is having huge success?
The fact that you cannot long what you want on them doesn't means they are "broken". It's like saying your internet connection is broken because you are limited in speed and you cannot download faster. Or the hard disk is broken because it only allow you to put 2TB of data on them (it's a 2TB one of course)
You obviously speak from a rich set of metaphors built from a broad life experience. I am awed by your attempt at reasoning. Awed. Never mind that such an act by a licensed broker-dealer in the U.S. or U.K. could result in shutdown by the relevant regulatory agency. Of course, from the viewpoint of an investor in Bitcoinica it could certainly be construed as a technical act of bankruptcy, which would give them some out. I don't know what the equivalent legal requirements would be in Singapore, would the operators of Bitcoinica be caned if they couldn't pay off the right officials? You seem to be confused as to what and whom you are dealing with. This is a BITCOIN forum...you aren't going to find many people to back your demand for regulation and government nannies to protect your pocketbook. What is the point of this thread? Do you want to be cool and troll the hell out of Zhoutong like cypherdoc? Cause you aren't very good at it... If you don't like it, make a better one. No one gives a flying fuck what you think, our only concern is what you do. You really said "back your demand for regulation and government nannies to protect your pocketbook". You really said that. Thanks for the image of a fat, clueless white man bringing his favorite bogeyman along so he can have an opponent with which to show everyone his shadow boxing prowess. Look at 'em jiggle boys, he's a tough one! I don't get it. Also, fat jokes? Seriously? Odds are that despite my morbid obesity, I could rip both your arms off your torso...unless you are up several stairs. Then I can't get to you...but if I could... You don't get it? You are more of a dumbass that I thought. Think hard about what I actually said or didn't say, and then see if your straw man, or in your case more likely a blowup doll, wants to argue reactionary politics with you. It's been a long time since I boxed in the military and it's not like I would bother anyway, blowing your head off would work just fine. It's something I got a lot of practice at, I'm quite sure I still remember how. I know - how are you with a knife? I collected ears back in the day and took some scalps as well to commemorate the customs of my ancestors. Slowly skinning your bloated carcass alive would really bring back some fond memories of field interrogations I performed. Man, I had the touch, everyone said so, I used to get a lot of special requests from my associates. I'm sure it would be just like riding a bicycle, one never forgets. Cool story bro. I see you like Apocalypse Now. I thought that was a good film as well. Before my time old man. Central America offered plenty of work for private contractors back in the 80s. By the time Desert Storm came around, my reserve status was standby. So you were a murderer for hire? Cool story bro. I see you like Rambo. I also enjoyed that film. I feel a quote pyramid coming on. I'm in. 714: I think we've found your hero. http://www.cbsnews.com/8301-201_162-57351021/suspect-in-mt-rainier-shooting-found-dead-in-snow/What do you mean you're in? I don't fully understand that statement. Can you clarify for me? Well, see, it was a commentary on the state of politics in the middle east. 'I'm' represents western influence and 'in' symbolizes the juxtaposition between it and local muslim culture. A veritable powderkeg of deep thought, really. You know...this might just all be over you head, faggot. I was killing babies in Panama and making necklaces out of their severed limbs -all while not catching Noriega- when you were still in diapers. Contrary to your opinion of me sir, I am neither a homosexual nor interested in warfare. I am however interested in alpaca socks. Not socks made out of alpaca fur mind you, actual full-sized alpacas I can stick my feet in and have them walk for me. |
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Never?
Why it should implode? Especially now that it is having huge success?
The fact that you cannot long what you want on them doesn't means they are "broken". It's like saying your internet connection is broken because you are limited in speed and you cannot download faster. Or the hard disk is broken because it only allow you to put 2TB of data on them (it's a 2TB one of course)
You obviously speak from a rich set of metaphors built from a broad life experience. I am awed by your attempt at reasoning. Awed. Never mind that such an act by a licensed broker-dealer in the U.S. or U.K. could result in shutdown by the relevant regulatory agency. Of course, from the viewpoint of an investor in Bitcoinica it could certainly be construed as a technical act of bankruptcy, which would give them some out. I don't know what the equivalent legal requirements would be in Singapore, would the operators of Bitcoinica be caned if they couldn't pay off the right officials? You seem to be confused as to what and whom you are dealing with. This is a BITCOIN forum...you aren't going to find many people to back your demand for regulation and government nannies to protect your pocketbook. What is the point of this thread? Do you want to be cool and troll the hell out of Zhoutong like cypherdoc? Cause you aren't very good at it... If you don't like it, make a better one. No one gives a flying fuck what you think, our only concern is what you do. You really said "back your demand for regulation and government nannies to protect your pocketbook". You really said that. Thanks for the image of a fat, clueless white man bringing his favorite bogeyman along so he can have an opponent with which to show everyone his shadow boxing prowess. Look at 'em jiggle boys, he's a tough one! I don't get it. Also, fat jokes? Seriously? Odds are that despite my morbid obesity, I could rip both your arms off your torso...unless you are up several stairs. Then I can't get to you...but if I could... You don't get it? You are more of a dumbass that I thought. Think hard about what I actually said or didn't say, and then see if your straw man, or in your case more likely a blowup doll, wants to argue reactionary politics with you. It's been a long time since I boxed in the military and it's not like I would bother anyway, blowing your head off would work just fine. It's something I got a lot of practice at, I'm quite sure I still remember how. I know - how are you with a knife? I collected ears back in the day and took some scalps as well to commemorate the customs of my ancestors. Slowly skinning your bloated carcass alive would really bring back some fond memories of field interrogations I performed. Man, I had the touch, everyone said so, I used to get a lot of special requests from my associates. I'm sure it would be just like riding a bicycle, one never forgets. Cool story bro. I see you like Apocalypse Now. I thought that was a good film as well. Before my time old man. Central America offered plenty of work for private contractors back in the 80s. By the time Desert Storm came around, my reserve status was standby. So you were a murderer for hire? Cool story bro. I see you like Rambo. I also enjoyed that film. I feel a quote pyramid coming on. I'm in. 714: I think we've found your hero. http://www.cbsnews.com/8301-201_162-57351021/suspect-in-mt-rainier-shooting-found-dead-in-snow/What do you mean you're in? I don't fully understand that statement. Can you clarify for me? |
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Also, stop spamming and making us look bad. Ouch. So many coolaid drinkers here are under the delusion that if they can just get people to start using it, they will fall in love with it and change the world! I'm not under that delusion, I was just trying to offer an incentive to help it get some exposure. We need bitcoin to be used, but not by a bunch of random 'numbers'. We need people who want to use it for the rest of their life. People can't use it or become interested if they aren't exposed to it. Lead by example, not with your mouth. Actions may speak louder than words, but are in vein if no-one knows of the actions. I appreciate the feedback, but damn, could you perhaps be more supportive? Written communication not being able to convey emotions and specific nuances correctly is a known issue and is the basis for the advention of emoticons. I'm actually being supportive by even bothering to reply. You'll get used to it. In the meantime, I'll try injecting more smilies into my statements to keep people from being butthurt.  <--Looks gay |
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Never?
Why it should implode? Especially now that it is having huge success?
The fact that you cannot long what you want on them doesn't means they are "broken". It's like saying your internet connection is broken because you are limited in speed and you cannot download faster. Or the hard disk is broken because it only allow you to put 2TB of data on them (it's a 2TB one of course)
You obviously speak from a rich set of metaphors built from a broad life experience. I am awed by your attempt at reasoning. Awed. Never mind that such an act by a licensed broker-dealer in the U.S. or U.K. could result in shutdown by the relevant regulatory agency. Of course, from the viewpoint of an investor in Bitcoinica it could certainly be construed as a technical act of bankruptcy, which would give them some out. I don't know what the equivalent legal requirements would be in Singapore, would the operators of Bitcoinica be caned if they couldn't pay off the right officials? You seem to be confused as to what and whom you are dealing with. This is a BITCOIN forum...you aren't going to find many people to back your demand for regulation and government nannies to protect your pocketbook. What is the point of this thread? Do you want to be cool and troll the hell out of Zhoutong like cypherdoc? Cause you aren't very good at it... If you don't like it, make a better one. No one gives a flying fuck what you think, our only concern is what you do. You really said "back your demand for regulation and government nannies to protect your pocketbook". You really said that. Thanks for the image of a fat, clueless white man bringing his favorite bogeyman along so he can have an opponent with which to show everyone his shadow boxing prowess. Look at 'em jiggle boys, he's a tough one! I don't get it. Also, fat jokes? Seriously? Odds are that despite my morbid obesity, I could rip both your arms off your torso...unless you are up several stairs. Then I can't get to you...but if I could... You don't get it? You are more of a dumbass that I thought. Think hard about what I actually said or didn't say, and then see if your straw man, or in your case more likely a blowup doll, wants to argue reactionary politics with you. It's been a long time since I boxed in the military and it's not like I would bother anyway, blowing your head off would work just fine. It's something I got a lot of practice at, I'm quite sure I still remember how. I know - how are you with a knife? I collected ears back in the day and took some scalps as well to commemorate the customs of my ancestors. Slowly skinning your bloated carcass alive would really bring back some fond memories of field interrogations I performed. Man, I had the touch, everyone said so, I used to get a lot of special requests from my associates. I'm sure it would be just like riding a bicycle, one never forgets. Cool story bro. I see you like Apocalypse Now. I thought that was a good film as well. Before my time old man. Central America offered plenty of work for private contractors back in the 80s. By the time Desert Storm came around, my reserve status was standby. So you were a murderer for hire? Cool story bro. I see you like Rambo. I also enjoyed that film. I feel a quote pyramid coming on. |
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Bitcoin has the taste of Chinese financials.
Maybe Satoshi Nakimoto's real name is Mei ling. |
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If you see any spikes in Korea, you'll know who to blame.
저는 한국비트코인협회 대표입니다.
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So far it's just like driving by a serious auto accident
I stopped reading right there because I make a fortune off of my businesses in the Bitcoin community, lead several development teams to develop better standards for many of the technologies that even you will be using this year, and am having loads of fun learning all about micro-economics and micro-politics. The only auto accident is this forum and its more--erm-- 'passionate' members (most of which have already been banned). Some of the press coverage creates the impression that bitcoin aspires to be some kind of serious alternative or business vehicle.
I'm sure the members of this forum would LOVE it if that were true, but not even I believe in Bitcoin as-is. When used in combination with other systems such as ripple, open transactions, etc, it can be a true problem solver. Personally though, the concept of having to burn energy and ruin computers just to process the blockchain is one giant leap I've never been able to fully make. Thankfully I'm in no position of any kind of political power so my opinion doesn't matter half as much as my services to people willing to pay for them. Do threads ever get closed here?
Only due to lack of interest. |
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It should come as no surprise to any bitcoin user that there is alot of stigma out there about bitcoin and the people that use it. I recently ran into some of this first hand.
I participate in a multitude of different forums, and today decided to try and get some users interested in bitcoin. I created a new thread and advertised that I would send anyone who adopted the currency (just downloading the client) a free 0.01 BTC. I provided all proper links to documentation, and quotations to explain what bitcoin is. My post was met with dismissal and accusations of advertising a scam. A moderator even posted that "This is little to no different than a chain letter or pyramid scheme. Those get permanent bans. Are you SURE that you want to advertise it?". His non-obligatory posted warning was generous, and I commend him for doing so (tho I couldn't make use of it because I left to check the temperatures of my rig after posting the thread).
I have been a member of said forum for over 4 years, and I was given a permanent ban. It took 6 volleys back and forth between the moderator and I in private messages to have the ban reduced.
My point, look at the stigma bitcoin has, "This is little to no different than a chain letter or pyramid scheme". The name has been poisoned, this will have to improve before it can possibly meet mainstream adoption.
First and foremost, think of Bitcoin as you would any other currency. Why do you care if anyone uses it? If I knocked on your door and tried to convince you to use World of warcraft gold, wouldn't you tell me to stop spamming? Doesn't offering people money to use it scream SCAM SCAM SCAM? Also, stop spamming and making us look bad. Start discussions about it, then let people choose based off of information. So many coolaid drinkers here are under the delusion that if they can just get people to start using it, they will fall in love with it and change the world! Why do they want people to use it though? Because then their bitcoins will be worth more. Sounds like a scheme to me too! When I get emails telling me I should buy a stock because it's going to go up, I think it's a worthless stock. The reason is because if it was so important, I would have known about it and the world would have seen it rise themselves. We need bitcoin to be used, but not by a bunch of random 'numbers'. We need people who want to use it for the rest of their life. Lead by example, not with your mouth. |
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I assumed the waving dick avatar was a prank, not deliberate choice.
Of course it was a prank. Some people and their easily hurt butts.  |
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Here's my question for Bitcoinica
Hypothetical: the majority (let's say 90%) of bitcoinica users are long in the market (buying) and are leveraged close to the max (let's say 4 to 1).
From where do the currency funds come to fill those leveraged orders?
Same hypothetical question for large HEAVILY LEVERAGED sell orders that come from the majority of bitcoinica members?
Could you clarify that you do indeed have deep pockets with lots of money and bitcoins to fund these scenarios?
If you don't, then what mechanisms are in place so the market can't leverage past the point of no more funds?
If there are no mechanism and limited funds then the only other option would be for a fractional reserve exchange,
in that case it would be an ethical choice to clarify it to your users.
What does this mean for bitcoinica's users if there are no mechanisms and limited funds?
It means that at some point the leveraged buys or sells do no influence the market the same as a 1:1 buy or sell.
Leveraged buys and sells would merely be "placing your bets" on what way the market will go without really participating.
I would really appreciate if you could address all this.
We can be a half bucket shop and half brokerage, but obviously that's not the right way. Either way will result in criticisms, but I did the best I can do, and the right thing. Why did you repost this exchange without actually responding to the questions? Everyone always claims to do their best and to have done the "right thing". Claiming best effort doesn't establish the adequacy of effort in the eyes of others, and whatever you may have meant by the "right thing" remains completely undefined. For example, not getting your nuts cut off as a warning from a loan shark could be very right for you, but the outcome one way or the other might be of little interest to anyone else. Are you running any of this by your lawyer before you publish it? You might at least get some guidance in avoiding inadvertently digging your operation even deeper into a credibility hole than it already is. You must be new here. |
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Matthew N. Wright,
Do you IRC on Freenode in #bitcoin-otc? If so, what is your nickname?
Cordially Yours,
James "rg" Edward
I'm a recovering IRC addict of 15 years so I try not to venture on there. Hard enough getting to sleep with Skype on every device I have. |
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Wondering if there's any news on solving the UK "technical difficulties" so far? I have some phone credit to dump, lol
Working on upgrading to dialcoin 2.0 to function better with the android app and allow for merchant API. Taking some time because we all own multiple businesses. We're on it though! |
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What the shit!? Only one of the community efforts listed is even a 'community' effort. Also, the bitcoin purchases category is seriously lame. Silk road should have been in there, duh.
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I kind of agree. I'm not against long term loans per se, but I think 3% interest for a month just isn't enough to cover the risk. But hell, it's their money. and if the price move the other way, you could make money too.
example: I lend 100 btc at 3% for a month. Lets say bitcoin price plummets. I get 103 btc after a month, but I would have gained a lot more if I sold the coins. Lets say bitcoin price rises. Best case scenario I get 3 extra coins. Not worth the risk, imo. The cat is neither dead or alive.. Unless it's Schrodinger's cat, in which case it's both. *shakes his fist at the proverbial cat* What are the statistics of my killing the cat if shoting at the box. With the box of a given shape and volume. The cat of a given weight and dimensions. The weapon of a given type. Shot from a given distance into the box! Simple: highly plausible and impossible at the same time. |
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I kind of agree. I'm not against long term loans per se, but I think 3% interest for a month just isn't enough to cover the risk. But hell, it's their money. and if the price move the other way, you could make money too.
example: I lend 100 btc at 3% for a month. Lets say bitcoin price plummets. I get 103 btc after a month, but I would have gained a lot more if I sold the coins. Lets say bitcoin price rises. Best case scenario I get 3 extra coins. Not worth the risk, imo. The cat is neither dead or alive.. Unless it's Schrodinger's cat, in which case it's both. |
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