Bitcoin Forum
May 24, 2024, 02:29:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 [45] 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 »
881  Other / Off-topic / Re: Strange unban request on: December 04, 2012, 12:26:41 AM
I'm not excluding the possibility of unbanning him ...

All would be lost... The rockefelleristic monopoly on internet submission of scientific work must prevail! At all cost!
882  Other / Off-topic / Re: Strange unban request on: December 02, 2012, 09:00:22 PM
Fifth world problems. *shrug*
883  Economy / Gambling / Re: Bryan Micon Poker % buying thread: Bellagio $1,080 Position NL 11/29/12 [OPEN] on: December 01, 2012, 03:29:54 PM
How much did the winner win?
884  Economy / Gambling / Re: Bryan Micon Poker % buying thread: Bellagio $1,080 Position NL 11/29/12 [OPEN] on: December 01, 2012, 03:15:49 PM

to be clear, this means you lost, right?

payout = 0?  = donkdown?

yes, full loss.


Byron Micon's Poker Ponzi
885  Economy / Service Announcements / Re: Bets of Bitcoin - Bitcoin betting on real world events on: December 01, 2012, 02:20:46 PM

FACEBOOK will trade at < 25$/Share at the end of November 2012

Verdict: False! Settle the bet.  Grin

886  Other / Politics & Society / Zitewitz: The folly of making political prediction markets like Intrade illegal on: December 01, 2012, 01:50:09 PM
Eric Zitzewitz on http://blogs.reuters.com/great-debate/ writes:

Quote
Why prohibit something so harmless? After all, U.S. policy already allows many forms of gambling that have significant social costs and produce no useful information. The real reason may be found in debate surrounding another recent setback for prediction markets, Congress’ last-minute modification of the Dodd-Frank financial reform bill in 2010 to prohibit markets on box-office receipts planned by the Hollywood Stock Exchange (HSX).

The plug was pulled after lobbying by the Motion Picture Association of America, which argued that a prediction market forecasting a poor movie box office could lend an “aura of financial authenticity to gossip.”

Translation: Even big-budget failures often have one big weekend before word of mouth kicks in, and information aggregated by prediction markets may deprive them of that.


Full text: http://blogs.reuters.com/great-debate/2012/11/27/the-folly-of-making-political-prediction-markets-like-intrade-illegal/

Hat tip: http://www.overcomingbias.com/2012/11/zitzewitz-the-wise.html

Thoughts?
887  Economy / Services / Re: Send bitcoins into the future! (LBAAT.net) on: December 01, 2012, 12:38:08 AM
This sounds really cool. Smiley

(Assuming it works as stated, haven't tried it.)
888  Bitcoin / Bitcoin Discussion / Re: Bitcoin Report Volume 26 (Bitcoin and Intrade) on: November 30, 2012, 01:22:28 PM
Bets of Bitcoin? Intrade?

Here's a bet I made about Intrade, and Bitcoin, on BetsOfBitcoin:
Bets of Bitcoin: Intrade will accept Bitcoin as a payment option before July 1st, 2013

It seems Intrade could go Bitcoin quite soon.

Hell yeah, I got them to go bitcoin!

I have been bombing intrade with emails about bitcoin.
The loss of US customers was a shock to them and now they are thinking outside the box.
This is what I just received from them:

Quote
Carl Wolfenden (Intrade Support)
Nov 27 17:09 (GMT)
Hello Richard,
While we still have concerns over BitCoin, it will be included in our review of new funding options (due to be conducted in January).
Regards,
Carl Wolfenden
Exchange Operations Manager


889  Bitcoin / Bitcoin Discussion / Re: jgarzik goes berzerk in #bitcoin-dev, wtf? on: November 30, 2012, 01:03:25 PM
Is suggesting the translation of bitcoin-qt to farsi "encouraging illegal activity"?

The smuggling of bitcoin software into Iran would be different, but that's not what was suggested here.

There are hundreds of thousands of Iranian diaspora in the US and Europe.

I think jgarzik should calmly explain his position on this. I'd certainly be interested in hearing his line of reasoning.

Also, it would be nice if you explain what kind of "pressure" you're doing. You represent the rest of the bitcoiners here, so it's nice to know how bob182 is acting on our behalf.

Wikileaks is the enemy of major world powers right now, with many influential elites feeling that Assange committed an act of war against the United States, or, at a minimum, irrevocably disrupted world affairs.  This is not some mailing list discussion or theoretical exercise; there are very real, very powerful organizations actively targetting wikileaks' network infrastructure, organizational infrastructure, and most importantly, financial infrastructure.

It is extraordinarily unwise to make bitcoin such a highly visible target, at such an early stage in this project.  There could be a lot of "collateral damage" in the bitcoin community while you make your principled stand.

Use by Wikileaks hasn't killed Bitcoin yet, that doesn't mean the risk wasn't/isn't there.

What if Bitcoin had been released 11 years ago, and the taliban
(or some other organization which need not be named here)
had instructed their people to use Bitcoin at all times?

That would be an Outside Context Problem for Bitcoin.
 



890  Economy / Goods / Re: Selling Rolex Oyster Perpetual Air-King - 142.0 BTC OBO on: November 30, 2012, 12:19:57 AM
apostis (cell death)

Apoptosis.  Smiley
891  Other / Off-topic / Re: Butterfly Labs November Update (ASIC Chips are "flawed". Delays.) on: November 29, 2012, 11:14:17 PM

Dear SLok,

From what I understand, "Nasser G", a Paris, France based IT consultant is implied to have been recently promoted to CEO of Butterfly Labs.

"Nasser G" is employed by a bank in Paris. He has previously declined to answer questions regarding his employment on this forum.

"Nasser G" was titled Chief Technical Officer in a BFL press release dated June 15. 2002.

Some time ago, I made the thread:  Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence.

Some time later, it appears that the Chief Executive (CEO/President/Director) of BFL was fired or demoted in silence, to be replaced by "Nasser G" as Chief Executive, for reasons unknown.

If you or anyone else have corrections to make or new information to share, please do.

The corporate structure and internal workings of BFL are no less mysterious than a black box on the moon.

Which is a bit worrying, considering the circumstances.

Dear Elux,
From Coding in my sleep:
"Sonny Chris Vleisides is not the CEO, Chris Vleisides (his stepfather) is the President (as opposed to his natural father, James Ray Houston, who was listed on the indictment) and Nasser Ghoseiri is the CEO – the confusion is understandable what with all the similar names, step and biological fathers and BFL’s seeming hatred of titles. Sonny is an upper-level executive within the company, but he’s not the absolute head, nor is his stepfather.

Thanks. That is quite helpful. Let's take Sonny on his word and run with it...

I'll just quickly fire off some questions I've wondered about these last few months.
I do realize that BFL has no obligation to answer these questions, but being polite, helpful and forthcoming would be nice for a change.

Besides, why not answer these questions, assuming there's nothing left to hide?



Some unanswered questions:

I note that at the time of the ASIC Announcement, BFL refers to Nasser as their CTO.
I published the summary of evidence on Sept 20. The interview was published on Sept. 23.

It follows that Nasser/BFL_Engineer, the Paris based bank worker, was appointed CEO of Butterfly Labs some time between June 15. and Sept. 23.

1: Who did Nasser replace as CEO?
2: When was Nasser appointed CEO?
3: Who (if any) replaced Nasser as Chief Technical Officer?

In the interview, Sonny Vleisides refers to himself as an "upper-level executive", but does not give any further description.

4: Exactly how many upper level executives are there in this 22 person company?
5: What is Sonny's "upper-level executive" position" in the 22 person company?

6: Is it correct that Nasser is lead engineer on ASIC development, and also CEO in addition to his bank job in Paris?

7: Why is the CEO now based in Paris? Does BFL have a Paris office?
8: Is the former CTO (now CEO) the only french employee? Isn't this a bit... impractical?

9: Who is "Nick W" of Butterfly Labs? (Signatory/contact on the press release.) [Link]

10: Who is the nameless Venture Capital / Private Equity Group referred to in the press release? (Or more to the point: Does it exist.)
11: Has BFL raised any capital other than pre-order money?

12: Who owns the company?
13: Who founded the company?



And... That'll do for a start.

If anyone outside of BFL has answers to any of these, feel free to chime in.
892  Other / Off-topic / Re: Butterfly Labs November Update (ASIC Chips are "flawed". Delays.) on: November 29, 2012, 09:23:29 PM
1. The CEO is a convicted felon who     SV is not the CEO
1.a. Is in probation/supervised release.    1 out of 30 americans is, but not the CEO of bfl
1.b. Is prohibited by the terms of his deal from doing a number of things BFL is doing, such as taking money from people.  If so, he isn't doing what he shouldn't because he is not the CEO
1.c. Failed to disclose this; once discovered by 3rd parties he made a half-assed statement about "the mean government". Promised post with further details "over the weekend", never materialized.
Subjective conclusion, he has no obligation to tell anyone here anything. Don't like the company or employees, don't buy there

This was explained away on the vague theory that while convicted "he wasn't really guilty" and while the CEO "he doesn't really have anything to do with the company".
Well, he wasn't. What would satisfy you, him saying he was? Write bfl an email and ask?
2. BFL is a company that
2.a. Consistently made promises which were then not kept, such as to the time of delivery (blown in the past by 4 months +) and specifications of the items delivered (significantly larger power consumption).    estimates are not promises are they?
2.b. Consistently takes money from perspective customers in exchange for products that do not actually exist. These don't constitute pre-orders, even if BFL calls them that, but loans to the company.
   You do get the concept of pre-ordering don't you? If the stuff would exist, guess what, shipping it?
This was never explained other than "doing things is hard".   You haven't been paying attention

3. BFL PR is a guy who
3.a. Is a loudmouth just like I am, except he makes a lot less sense, rarely has a point and also lacks tits.   You make no sense at all, and you don't have balls too, plus I doubt you even have tits



Dear SLok,

From what I understand, "Nasser G", a Paris, France based IT consultant is implied to have been recently promoted to CEO of Butterfly Labs.

"Nasser G" is employed by a bank in Paris. He has previously declined to answer questions regarding his employment on this forum.

"Nasser G" was titled Chief Technical Officer in a BFL press release dated June 15. 2002.

Some time ago, I made the thread:  Butterfly Labs CEO 25 Million USD Mail Fraud — A Concise Summary of Evidence.

Some time later, it appears that the Chief Executive (CEO/President/Director) of BFL was fired or demoted in silence, to be replaced by "Nasser G" as Chief Executive, for reasons unknown.

If you or anyone else have corrections to make or new information to share, please do.

The corporate structure and internal workings of BFL are no less mysterious than a black box on the moon.

Which is a bit worrying, considering the circumstances.



893  Bitcoin / Bitcoin Discussion / Re: Big Shots in favor of Bitcoin on: November 29, 2012, 01:39:22 PM
http://www.avc.com/a_vc/2012/11/what-has-changed.html#comment-718987084

Quote
Teemu Kurppa --> takingpitches • 2 days ago

I've been following a few Bitcoin companies here in Finland, and as an earlier Bitcoin sceptic,
I was surprised how much activity and money there is already in Bitcoin economy.
I think a lot of investors are underestimating what's going on in Bitcoin world, because it's still so far away from the mainstream.

But many truly disruptive things were viewed as toys or pure idiocy in the early days. I'm speaking from the experience here.

When we started Jaiku, a microblogging service similar to Twitter, in 2006, before Twitter and before Facebook's activity stream.
At that time, a lot of people said that broadcasting and reading short mundane thoughts was the stupidest idea they had ever heard of.
Fast-forward a few years and hundred of millions of people are doing it everyday.

Based on what I've seen, I'm starting to think that Bitcoin might be a similar phenomenon.

Quote
fredwilson Mod  --> Teemu Kurppa • 2 days ago

Yessssssssss


Quote from: Wikipedia
Fred Wilson (born August 20, 1961) is a New York-based venture capitalist and blogger.

Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in Web 2.0 companies such as Twitter, Tumblr, Foursquare, Zynga and 10gen.

http://en.wikipedia.org/wiki/Fred_Wilson_(financier)
894  Other / Off-topic / Re: Just what is a clock buffer anyway? on: November 29, 2012, 01:19:33 PM
Hi Everyone,

We've been very busy recently, unfortunately I couldn't catch up with the forums. There is a correction to be made: Chips are not and were not flawed. We decided to add certain clock buffers to improve noise-resistance and possibly increase frequency even further. The improve in noise resistance was our real goal (average frequency increase across a full wafer can be a bi-product). The decision was made to increase the near 100% chance of success even more. We'll keep you posted. If you had any questions, please let us know.


Regards,
Nasser

This is a clock bluffer. Tongue
895  Other / Beginners & Help / Re: WordPress Themes for 1 BitCoin on: November 29, 2012, 12:27:00 PM
I'm Areeb...Please send me 3 BitCoins

 ...or else? Roll Eyes
896  Other / Off-topic / Re: Butterfly Labs November Update (ASIC Chips are "flawed". Delays.) on: November 29, 2012, 01:28:06 AM
you may also preorder flying cars, they will be available any day now..

Any day now for 40 years: http://en.wikipedia.org/wiki/Moller_Skycar
897  Other / Beginners & Help / Re: I'm new here on: November 28, 2012, 08:12:31 PM
Welcome to the frontier.  Smiley
898  Bitcoin / Press / Re: 2012-11-28 bbc.co.uk - Rewards set to halve for digital money miners on: November 28, 2012, 08:07:00 PM
Looks fine here.
899  Other / Off-topic / Re: Butterfly Labs November Update (ASIC Chips are "flawed". Delays.) on: November 27, 2012, 11:17:50 PM
I had venture capitalists invest in me once for about 18 years. Called em Mom and Dad. Good times. Good times.

Quote from: Affidavit for Extradition Warrant — USA vs. Vleisides

A joint investigation involving the IRS-CID and the United States Postal Inspection Service (USPIS), revealed that from at least 1990 through July 2006, SONNY VLEISIDES, James Ray Houston, Dennis Emmett, William Cloud, Henry Walther, Scott Henry Walther, and others committed a massive international lottery scam using the following company names: Shamrock Agency, German Swiss Group, World Expert Fund, Mutual Medical Insurance Co, Old Amsterdam Trust Co, Euro American Fax Co, European Union Commission, EU American Payment Co, Global Search Network, North American Foreign Payments Services, Wor'dwide Verification Service, and others. VLEISIDES ran the scheme along with Houston and Emmett. VLEISIDES, Houston and Emmett, who were all located in Costa Rica, worked with mailing houses which, at the direction of VLEISIDES, Houston, and Emmett, sent out tens of thousands of mailings to victims in the United States, many of whom were elderly. The mailings contained false statements, half truths, and omissions, and induced the victims to participate in various international lotteries, falsely stating that if the victims participated, they were guaranteed to win or had a very good chance to win. The mailings directed the victims to send their money to Ireland, at d the Netherlands, among other locations, where William Cloud had set up addresses with commercial mail receiving agencies and individuals to forward the money, eventually, back to the United States. After receipt at the commercial mail receiving agencies, the victims' money was sent to Henry Walther, who, along with his son Scott Henry Walther, deposited the money into various bank accounts and then distributed it as directed by VLEISIDES, Houston, and Emmett. Some of the money was spent on furthering the criminal activity. Some of the money was paid out to victims in small-dollar checks that the co-schemers misrepresented to be lottery winnings. The rest of the money was paid out to the co-schemers and others for their own use. VLEISIDES and the other defendants did not buy any lottery tickets, and the vast majority of the victims lost the money they sent. The total loss from the scheme is in excess of $19 million.

...

An analysis was done on approximately twenty of the bank accounts established in the United States at the direction of VLEISIDES and his co-schemers. The analysis revealed, in summary, that the victims' money was first deposited into accounts established by the co-schemers at numerous banks in accounts with names that sound like official lotteries: SHAMROCK AGENCY, WORLD EXPERT, OLD AMSTERDAM, GERMAN SWISS, and EUC. (Hereinafter, accounts at this first layer will be referred to as "Deposit Accounts.") The co-schemers obtained over $19 million from tens of thousands of victims and deposited them into these accounts. After the co-schemers deposited the victims' money into the Deposit Accounts, they transferred the money to the next layer of accounts, hereinafter referred to as "Payment Accounts." These accounts were in names that included NORTH AMERICAN PAYMENT and EU PAYMENT SERVICE. From the Payment Accounts, the co-schemers wrote checks represented as winnings and sent them back to the victims. The amount of the alleged "winnings" was far less than the amount the victims sent in - for the over $19 million going into the accounts from victims, only approximately 20% was sent back to victims in the form of "winning" checks. The co-schemers transferred some of the money from the Deposit Accounts and Payment Accounts to the next layer of accounts, which will hereinafter be referred to as "Syphon Accounts." The co-schemers wrote checks (or used wire transfers) from the Lottery Accounts and the Payment Accounts to the Syphon Accounts, which were in names that included WESTERN INTERNET, BUTTERFIELD, CARNEGIE and HENRY WALTHER ATTORNEY WIRE ACCOUNT. Money from the Syphon Accounts was used to continue the scheme by paying scheme expenses, as well as to provide benefits to the co-schemers. The co-schemers also took money at each layer in the form of checks to cash, checks to themselves, or checks to the payment of personal or scheme expenses.

http://www.scribd.com/doc/106417808/Affidavit-for-Extradition-Warrant


Venture Capital!

No venture capitalist would touch this with a ten foot pole. That much is completely obvious.

The "private equity group" is either money from the nineteen-million-dollar scam or a flat out lie.

Quote
Note on Due Diligence in Venture Capital

Investment Potential – Once the investment proposal is deemed to “fit” with the
philosophy of the firm, a screening is conducted to test the viability of the deal.
Although screening is unique to a particular firm’s needs, there are some common
threads that a firm evaluates.
• Management – Generally speaking, one of the most important criteria in the
screening process is the quality of management. In real estate it is often said
that the three most important words are “location, location, location.” In
evaluating a business, many venture firms will proclaim the three most
important words to be “people, people, people."

http://mba.tuck.dartmouth.edu/pecenter/research/pdfs/due_diligence.pdf
900  Economy / Securities / Re: Wtf can you do when an operator goes rogue ? on: November 27, 2012, 09:39:56 PM
Wtf can you do when an operator goes rogue ?

Nothing. Sue them?
Nothing. Call the police?
Nothing. And that's the lesson.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 [45] 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!