It might be to late for this one. He said he wanted to make a list of confirmed scammers and the power to make judgment calls has gone to his head and he keeps trying to inject himself deep into discussions. I flipped sublime off ignore to see what kind of drama he was going to stir with this and I'm probably going to hit the button again.

With the total lack of power invested in me I dub this: "The Ignored Scammers and Drama List Similar to Tomatocage's List"

A list of scammer tagged people would be useful. This started with a similar list, added a more pretentious title, and now he's yet another unelected representative of the community.

Platinum might be an option, scarcity and the number of fairly unique industrial uses really help to set function price floor. That along with gold and silver are things you can take to a local coin dealer or pawnshop to get cash as long as you take acquire bullion. A healthy mix of metals can help lessen price shocks. As long as there's a dealer near you it is hard to beat the liquidity.

Digital Gold and anything like Liberty Reserve I'd avoid as long term stores of anything. They might be useful to put something in to pull off a transaction, but the risk of them becoming useless is necessarily high.


Cashing out some bitcoins to build up the liquor stock wouldn't be a bad idea right now.

Update: Missouri destroyed their spread in that last bet I mentioned. And my initial basketball betting has achieved a return of 3.5 times its initial ticket in a bit more than a day.

Once upon a time there was a low knowledge bitcoin investment vehicle. Many people were attracted to it because it offered incredible returns in spite of presenting little knowledge about what it actually did to generate returns. It paid regularly as promised until it didn't. Some people made money, but the the vast majority lost massively.

With the complete lack of information, which includes anything about the startup operator or their reputation, what is there? There's the generic assertion this might reward initial investors handsomely. There is also a name for the operation with one letter changed from the name of an online lottery website. Also there's this:


...with out business plan for any single one of these activities. At least Jay Van Andel and Richard DeVos had previously run businesses before they founded Amway, and they did start off having a product to sell.

If you happen to actually not be the operator of this site, I worry for you for matters beyond this investment you are making. You seem to have appallingly poor judgement. At least this guy could blame the alcohol when the thrill of the chase overpowered his judgment. Have you considered incorporating a helmet into your daily wear? You write well enough that stupidity alone can't be the problem here. Your complete lack of any preservation instinct and determination to continue sauntering this path while scorning all advisement to the contrary suggest some things (once again assuming you don't operate this). The first is that you might want to consider surrendering the management of your finances to a court appointed guardian. Also with this disabling lack of judgment you should have a professional come to your residence and "you proof" it for your safety. Consulting a doctor to look for a medical reason why you might happen to be so deficient in judgment shouldn't be out of the question, things might be so bad around the clock skilled nursing care might vastly improve your quality of life.

Go. Get the help you need. You don't have to live like this anymore. _{Unless you happen to operate BitBillions and then you can fuck off}

Change it from weed to powder?

But with the risk of the business not making it that far, do you have an answer to the much better returns I could be making with College Basketball?

Hope no one beats BitBet's security scheme this way... My penny bets on the World Baseball Classic would disappear, and I guess the bigger ones would to. Be a hell of a way to lose at gambling.

I might have to pick up some Egri Bikaver later if the ASIC gets demonstrated today.

I'm not sure. How long does AmazingRando stay quiet while not paying?

By regular I mean one where I'm not counting on referrals to get paid.

That's how I wrap my head around it. A portion of each block goes to miners so it isn't completely worth excluding from merged mining, but the vast majority are awarded through bounties. They are rather transparent about how things work, and I've managed to get paid.

The odd part compared to other cryptos that work off of a foundation is that rather than awarding a percent of the block or a fixed amount they pay off of a share of what each 4000 block round generates. Your address goes on a list one time for each share you have on a list. When a round starts each address gets paid as a block is solved round robin style until the round ends.


Pretty much. Vircurex is the easiest place to cash them in, but there is at least one Open Transactions Server exchanges Devcoins that offers a better rate. There are some nice Arbitrage opportunities for people who can get Open Transactions to work. I think at least a couple people involved are pretty excited about ripple because it might create some interesting new uses for them.


The big bounties I know of right now involve developing content for the Devcoin wiki. There's probably others. I'm not really sure about the selection process.

I got a very nice return when Kansas easily beat the spread tonight. Almost doubled my money hours after buying in. Just because I want to make up for anything I might miss out on by not investing in this opportunity I'll throw all of the Kansas winnings plus some juice so I'm sending a round number on Missouri -10 to beat Arkansas. This is much riskier than the Kansas bet, but a win would multiply the initial ticket's value by 3.5 times. Notice I said ticket and not investment, because the thrill of the win or the zen of the loss is worth the price.

Since returns on your endorsed vehicle are BTC denominated in dollars for non-refering investors there is a chance that if BTC keeps going up a regular investment might never be made whole even if the enterprise takes in many dollars and might be a conventional success.

There's one really confident yes and a bunch of hesitant or very poor no bettors.

You have to admit coming from nowhere they have a hell of a publicity strategy. Given that they haven't taken any money yet, I'd probably call this a troll rather than a scam if this is just vaporware. Whipping all of these people into a frenzy like this, it would be one hell of a troll.

This of course assumes that the monetary buy in cost would be the biggest concern I'd have. It's that if this enterprise collapses and I'd referred enough people to see a return on my investment before then all of these people referred by me would not be happy.  I'd probably find myself a target for the vengeful mob which would form, and scorned bitcoiners get awfully nasty. Dealing with the fallout wouldn't be worth it.

I'll take my chances on Kansas beating a 23.5 point spread over Texas Tech tonight.

It's been a while since I looked at it, but the last development activity I saw on APG was back in 2010...

Multibit doesn't yet have deterministic wallets, but it tends to be good about returning change to the sending address.

Gambling generally provides a certain kind of entertainment value at the very least. Being able to take a gambling loss on the chin while being sporting about it is generally an admirable trait. On the other hand with investments part of the aim is being able to expect some sort of return.

This venture seems like a poor investment even before the scam concerns enter. It even seems like a poor gamble on par with the Houston Astros to take the World Series this year. With the scam concerns it seems to be on par with betting less than 1 on Satoshidice except with substantially lower expected returns than from the dice game.

You could get one of those coin's developers to fork it...

Apparently there are no extra innings in Spring training, so was Cards-Astros today a push?

/. is only the worst place on the internet if you forget every other place...

Thank chance I had mod points to burn on that post.

Maybe elites want you to adopt bitcoin.

The important question is which elites? The ones you feared or new benevolent ones?