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881  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: November 01, 2013, 10:21:38 PM
A fairly common and accurate predictor of a person's wealth can be made by how desperately they brag about it.   Generally, it is like Queen Gertrude's dramatically ironic comment.

Actually, a good indicator of people's intelligence is their participation in this forum. I am the PR working for this guy, numbnuts. That's what I do all day: hang out with you idiots and point out just how fucking worthless you are when compared to MP, and explain and document the why. This'd be a fine example of that.
882  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: November 01, 2013, 08:03:10 PM
What you listed is not BTC holdings, but some assets you claim to own.

Try not to take it personally, but your balance sheet is irrelevant here since we're talking about "physical" BTC holdings.

(It's also bit similar to how the balance sheets of some (all?) banks are "inflated", because there's no way that shit could be sold on the market without sending price way south)

EDIT: oops, I'm late. Already said.

No. What's listed are assets publicly and provenly owned. Everyone else's supposed BTC stashes are nothing more than empty claims. The difference you see cuts exactly the opposite way you'd like it to cut.

In other words: what you represent as satoshi's stash could well be MP's. MP's block of S.MPOE stock could not be anyone else's.
883  Economy / Securities / Re: Elray Resources[-OTCBB ELRA-]*Elray Gaming Inc.* on: November 01, 2013, 05:03:21 PM
Why is this general audience press release dump in the Securities subforum?
884  Bitcoin / Bitcoin Discussion / Re: We are making the same mistake again. on: October 31, 2013, 09:08:03 PM
BTC is described as anonymous, but after a little analysis, we see that this is not true.

Bitcoin is not anonymous. It's pseudo-anonymous:

Quote
This latter one is particularly problematic because of the very nature of Bitcoin itself. You really want an anonymous currency ? Well guess what, that necessarily means you can’t do business. You can’t do insurance in BTC, currently, for the simple reason that you have no practical way of knowing the insured isn’t betting against himself (which could eventually end up with the dreadful scenario of him making more money by failing than by succeeding).

Fortunately Satoshi was at least an inkling wiser than the large troop of monkeys populating the BTC forums and imagining they’re constituting “the community” on the strength of their ignominious absence from the WoT, their flat inability to use PGP in any implementation and their collected assets of almost twenty whole Bitcoins if we count all the wallets they’ve meanwhile accidentally lost. Consequently, Bitcoin is not anonymous. It’s pseudonymous, which is quite a different thing altogether.

Moreover, privacy and anonymity are different things, and most people have no need for anonymity anyway. You'll have to ensure your own privacy to the degree you're after as well as the degree you can, and that latter comes down to correctly using the correct tools (including thinking about it) rather than being oppressed by "the system", whatever's at the helm.

Perfectly healthy to be pondering this stuff, though, of course.

I don't understand the ins and outs of bitcoin

Remedying that would be a good idea, as would be learning how to use GPG, as would be piling on the reading.


STFU and go away. You're the most idiotic piece of shit Bitcoin ever stepped in.
885  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: October 31, 2013, 05:57:55 PM
Does anyone have a better estimate of MP's bitcoin stash?

How about "big enough that when BTC is about to move up people come to ask for permission"?
886  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: October 31, 2013, 05:21:05 PM
sell it all to make it count.

All the btc you mean?

His part of S.MPOE is worth 142.7M$?

How many shares are there in total  Huh

You know you can just read the contract. S.MPOE has been Bitcoin's largest public company for years now. S.DICE nearly equaled it (or I think equaled it for a brief moment in the summer of 2012), AM was for a few months in the Summer of 2013 well above it (almost double at some point I think), but alas these come and go. S.MPOE is still here.
887  Other / Off-topic / Re: Bitcoin TOP-500 Richest on: October 31, 2013, 02:45:58 PM
MP:
838,284,714 S.MPOE shares, 30day avg price 0.00085145 = 713757.52 BTC.
50% stake in S.BBET, 10,000,000 shares, 30day avg price 0.00065159 = 3257.97 BTC
Stock warrants for 88,096,605 S.MG shares at 1 par, 30day avg price 0.00018137 = 7168.42 BTC.
Grand total: 724183.91 BTC.

Probably a few BTC from his participation as minority partner in S.NSA, too, as well as whatever BTC, private investments etc he may hold.
888  Economy / Securities / Re: Successful vs unsuccessful bitcoin securities on: October 31, 2013, 03:04:18 AM
Here's a handy list of stuff discontinued on MPEx.
889  Economy / Goods / Re: Selling THC tests and Pregnancy tests on: October 31, 2013, 02:44:24 AM
THC tests $4  after one added to order $3 a piece
Pregnancy tests $5 after one added to order $4 a piece

What, no combo deal?
890  Economy / Service Discussion / Re: Brilliant Commodity Trading with CEX.io (REVIEW) on: October 31, 2013, 02:12:20 AM
I registered for this site quite recently as the next move in my investment spree. I liked the idea. The site enables you to buy Indefinite mining contracts and Bitfury chips. The mining power has two money making paths,1, it mines on ghash.io and then when the value rises of the hash you can sell it on. The price for 1 gigahash last stood at BTC0.1075. I feel the site is unique and has a nice feel with a sleek interface. The deposit only requires 3 confirmations so is quick to join and start trading. The partnered Ghash.IO site is PPLNS and has had good luck recently.

It also has a handy JSON API and the ability to trade your Gigahash in for a physical miner. This site is a the perfect investment to start on or build your portfolio with.

It gets 4 Stars from me as the perfect choice.
If you fancy joining, help me with the Referral program.
https://cex.io/r/1/Strideynet/0/
It costs you nothing and gives me a small bonus!

Quote
Carrying debt that you don’t have to ever repay (hey, they’re “perpetual”, right ?), but only service to the tune of rapidly diminishing returns (due to difficulty raising) is in fact the best sort of Ponzi : insane expectations on the part of the victims (who really don’t expect a majority of their capital ever being returned) allow it to extend into the eternal future. And obviously if network difficulty were to take a sudden plunge, sending the valuation for all this useless paper into the stratosphere everyone would just default, as was the case with the many “independent” funds, “banks” and whatnot borrowing at 1-2-3% to “invest” in a Ponzi scheme at 7%.

Full text.

Also, a plea for referrals doesn't constitute a "review".
891  Bitcoin / Project Development / Re: Spec announced for the Cardano, S.NSA's first product on: October 30, 2013, 12:50:12 PM
A smattering of details published today: Cardano pricing, a few physical unit specs, and a shot of the S.NSA t-shirt, to be an extra prize with certain orders.

Full details here.
892  Economy / Securities / Re: S.MG - The Ministry of Games. on: October 30, 2013, 12:35:50 PM
New alpha version out today. Check out the important extensions, assorted notes, and binary bundle here.
893  Bitcoin / Project Development / Re: BOUNTY ~ Bruno's Micro Pizzeria seeks Logo on: October 29, 2013, 07:07:22 PM


Now that's erotic.
894  Economy / Securities / Re: [MCXNOW IPO] : 45,000 Shares/18,000 BTC public offering [LIVE] on: October 29, 2013, 06:35:36 PM
BCX is know for having something personal against RealSolid. Always preaching the end of world and the eternity in hell for people who deal with him.
He would find a way to scream SCAM with RS donating a kidney.

Right, solidcoin and microcash weren't scammy failures because Mr. Four Month Old Account says so. BCX or no BCX, this isn't gonna fly.

For once I agree with you. There's no way this company is worth that much.

First time for everything, eh.
895  Economy / Securities / Re: [MCXNOW IPO] : 45,000 Shares/18,000 BTC public offering [LIVE] on: October 29, 2013, 03:15:06 PM
Few months ago, mcxNOW sold 5000 share (5%) of the site revenue for 500BTC in less than an hour.

This week, they are trying to raise 18,000BTC! for the last 45,000 (45%) share.


- IPO page -
You can follow the progression in real-time


And already 6200 mcxFEE have been sold for 2500BTC in less than 2 hours. It's crazy.

Between the scammy failures of the operator's past and the multiple shilly marketing posts like this one, I'd say get lost.
896  Economy / Service Announcements / Re: certacoin.com If you want cash for your Bitcoin there is none better on: October 28, 2013, 09:45:52 PM
You guys are very rough on a newbie. Wow if this was the 1600's you guys would beat me, stone me and burn me at the stake. I am not a witch....

It's not that people are rough on newbies. It's that you're presenting your service as a viable, trustworthy, "none better" affair while simultaneously lacking the reputation, proof of competence, and evidence of thought and application that are absolutely required before you can make such claims. Have a read here.

Wanting to make something great is fine, insisting that your Mystery Bag is the greatest sack in town because you say so isn't.
897  Economy / Service Announcements / Re: [PopoServices.com] VCC\VBA shop | Cheap & Legit on: October 27, 2013, 05:51:32 PM
IS someone interested? Im willing to give copy vouches to known and trusted people.

You'd do a lot better gauging interest if you didn't present your "service" in a red-arrowed, "act now!" sort of IM sales letter style. Especially with notes to "hesitators" that assure you're loading legally because you say so. And especially moreso if you got in the WoT, established a reputation, and saw here.
898  Economy / Service Announcements / Re: Thousand BTC homepage on: October 27, 2013, 05:43:42 PM
I think bitcoin has a lot of outside thinkers who would appreciate the novelty and functionality of such a graphic directory.

There are certainly some thinkers, outside or otherwise, but the problem is this isn't novel and it doesn't function so well. Your desire to contribute something is well and fine, though perhaps not best applied. Maybe have a read here.
899  Economy / Scam Accusations / Re: Bitfinex is a scam. on: October 26, 2013, 01:50:31 PM
True, spending 2 minutes reading the "How it works" concept is generally enough.

Raphael

No amount of posturing, plastering, site copy, or other hopes, dreams, or promises will change facts.
900  Economy / Scam Accusations / Re: Bitfinex is a scam. on: October 26, 2013, 02:02:04 AM
Hello,

To everyone I propose a small test. Deposit a few cents on bitfinex. Go long. See that you are paying interests on your margin. Then close your position, move your money to the deposit wallet and lend your money. See that you receive interests on your money.  Then withdraw your money.

There you go, you see that the borrowers really paid the interest listed on Bitfinex, and lenders really receives the said interests.

In the meantime, see that Bitfinex doesn't work AT ALL like how bitcoinica worked. Which coincides with the fact that the code is original and totally rewritten since 8 months.

So you can experiment the business model first hand, and see that it's not just a concept, but it is what it claims to be Smiley

Thanks
Raphael
Bitfinex

PS: About the unlimited credit line, see these: https://community.bitfinex.com/content.php/32-Regarding-recent-team-change
And compare with how forex broker uses credit lines on a weekly basis, as opposed to us making 1 credit line of 150,000 USD to a known investor, with 1.5 times more in BTC collateral on Bitfinex (by the said investor), paid back a few days later, in a time of crisis to avoid lenders making a loss.

The mitigation of established problems with your "service" does not include suggesting that people send money, whether it's a cent or a fortune.
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