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Have fun, kids: 
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You've heard the slanderous accusations no doubt. The story they don't allow you to hear is rather complex, but I'll give it a go. jl777 is an anonymous web financier who lives on the internet and sells people millions of dollars in ponzi investment products. He is 100% anonymous and goes to great lengths to keep it that way.  I arrived at NXT with virtually no knowledge of the project. I was curious about some of their claims. I got to know some of the people there and some suggested that I make a proposal to improve the currency. I proposed a feature called Virtual Corporations, which allow for complex internal asset and money management in a p2p environment. We went through a community process and the community agreed to fund roughly 33,000 NXT(about $1000) for what I estimated to be about 1-2 months of full time work. The project gained a lot of interest. http://blog.bluemeanie.net/2014/10/nxtautodac-jl777-stolen-nxt.html
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After having a few tweets with Erik Voorhees today, rather than going through yet another libertarian debate, I figured- let's get tactical. The bitcoin political ideology has been identified before. It's called Neoliberalism. do bitcoiners call themselves Neoliberals? The main points of neo-liberalism include:
THE RULE OF THE MARKET. Liberating "free" enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers' rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say "an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone." It's like Reagan's "supply-side" and "trickle-down" economics -- but somehow the wealth didn't trickle down very much.
CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply -- again in the name of reducing government's role. Of course, they don't oppose government subsidies and tax benefits for business.
DEREGULATION. Reduce government regulation of everything that could diminsh profits, including protecting the environmentand safety on the job.
PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.
ELIMINATING THE CONCEPT OF "THE PUBLIC GOOD" or "COMMUNITY" and replacing it with "individual responsibility." Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves -- then blaming them, if they fail, as "lazy." sounds familiar don't it? -bm edit: mispelled Erik's name. Dutch names arghhh
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hello all, Just want to say thanks to those who helped deal with the NXT goons. There are few here and there I need to follow up with, so don't think I forgot you. Im currently super busy with a project, don't have time for the forumz these days. started a new blog so I can communicate a bit more effectively in the future. you can also follow me on Twitter(check the blog). Just ignore these retarded NXT people for now.  -bm
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Hello again, This is the latest post regarding NXT and jl777. I have been trying to determine what sort of working relationship Edward Hickman of Pacific Blockchain has with jl777. An earlier related thread : https://bitcointalk.org/index.php?topic=808029.0 Initially, I asked him outright and he refused to respond. Later, we discovered that Hickman was a shareholder in a jl777 investment scheme called SuperNet News Network. Supernet is jl777's asset scam. Edward still continues to evade this simple question. Edward Hickman has written many articles regarding jl777. some quotes from Hickman:
here he seems to ascribing magical qualities in an excuse for the obvious questionable nature of jl777's investment offerings: Watching Jl777 create valuable digital assets seemingly held up by little else he view's Garzik's points as an 'attack', and defends the NXT technology. That was of course before Jeff Garzik laid out a multi point attack that cast a shadow of doubt on the whole affair. more clear bolstering and boosting of jl777's ponzi schemes(shown above to be a shareholder). the magic a market maker like Jl777 can weave Need proof? Just look at what “James” aka “Jl777” has accomplished With a handful of digital asset based ICO’s under his arm he’s amassed a considerable market cap for him and anyone who supports him. Does anyone know anything about Pacific Blockchain, Edward Hickman and jl777? I suspect that Hickman has a complex relationship to jl777, helping sort out the facts would be a great value to me. Please post to this thread if you have any useful information. note: it seems any postings I make to this forum are followed by diversions and claims that I stole something from some unnamed victim. These claims have been aired repeatedly and I have contacted NYDFS regarding the harassment.
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Hello, As many of you know I'm currently shedding light on the notorious internet scam project NXT. A recent offer I made to the Bitcointalk community https://bitcointalk.org/index.php?topic=806495.0 In a long string of internet harrassment and slander attacks against me for exposing the criminal behavior inside NXT, an article emerged stating I participated in some illicit activity. I have contacted the authorities and plan to work with them in full light of the law. I am interested in information regarding Edward DeLeon Hickman and CoinTelegraph. CoinTelegraph has a history of collaborating with jl777, in the past they had promoted one of his ponzi schemes. From what I was told Edward DeLeon Hickman lives with his parents in Hawaii.  and image of hickman. If you have any information regarding the payment Mr. Hickman received to write the article, or other under-the-table payments made to CoinTelegraph, please contact me. If Edward made ANY statements regarding this(whether affirmative or not), they are valid in a court of law and have important bearing on any upcoming defamation lawsuits. I am willing to compensate you for your time and input in helping me resolve these harassment issues. note: It has recently been determined that Hickman accepted payment in the form of jl777 ponzi assets.Thank you. -Joshua Zeidner
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Finally got around to reading this Selfish Mining Paper. http://arxiv.org/pdf/1311.0243v5.pdfWe now describe our strategy, called Selfsh-Mine. As we show in Section Selfish-Mine allows a pool of sufficient size to obtain a revenue larger than its ratio of mining power. For simplicity, and without loss of generality, we assume that miners are divided into two groups, a colluding minority pool that follows the selfsh mining strategy, and a majority that follows the honest mining strategy (others). It is immaterial whether the hon.est miners operate as a single group, as a collection of groups, or individually. Here the author makes some very poor assumptions. It is possible to easily thwart this attack by making a double-agent miner who claims to be part of this subversive pool, but isn't and publishes the selfish chain information to the outside. This double agent miner need not even have any real mining power, they only need to CLAIM such. Thus the cost of this defense is virtually negligible. This would thwart this attack vector entirely. -bm
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Has anyone used the Bitcoin ATM in Vegas? http://www.reviewjournal.com/business/casinos-gaming/robocoin-first-bitcoin-atm-casino-launches-dA tall blue box tucked in the rear of The D casino in downtown Las Vegas could soon shake up the gambling industry.
That’s the hope of Derek Stevens and Jordan Kelley, who met Wednesday on the casino floor as they prepared to launch the first Bitcoin ATM ever placed in a casino.
Standing against a wall next to the hotel gift shop, which accepts the virtual currency, the 5-foot, 7-inch Robocoin machine was powered up Thursday, allowing customers to transform Bitcoin into cash and cash into Bitcoin.
“I’m anxious. I’m excited about it,” Stevens, the casino’s owner told Kelley, CEO of Las Vegas-based Robocoin. “But it’s not something you can project that easy.”
Robocoin can hold upward of $500,000 in cash. Kelley likes to think of rich foreign businessmen storing loads of cash in Bitcoin before traveling to Las Vegas and emptying their online wallets in the form of dollars at the casino. if the claims are true, then it's possible to live in Las Vegas on Bitcoin? -bm
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http://dcmagnates.com/belgium-regulator-fsma-issues-ban-of-virtual-currency-based-derivatives-effective-july-1/The Financial Markets and Services Authority (FSMA) has announced a new regulatory edict that will effectively ban the use of derivatives based on virtual currencies such as Bitcoin as of July 1, 2014, according to an FSMA statement.
Belgium’s paramount regulatory organization FSMA has been keen to police a variety of financial instruments as of late, including binary options. However, the most recent FSMA regulatory announcement takes a far more pointed stance towards virtual currencies. -bm
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He has history ... and seriously guys please keep the pissing contests to the other sections of the forum.
Need I remind you this is a "Development and Technical Discussion" topic, we have enough crap to wade through elsewhere.
The history hes referring to are my statements regarding open transactions, and this person decided to defend the fraudulent claims of such. Bs artists do tend to stick together. How is everyhting coming along these days with open transactions?
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ABSTRACT
Futures and Options exchanges are considered to be foundational to minimizing market volatility and the maintaining price stability of an asset. This paper describes a peer-to-peer system for the exchange and issue of options and futures contracts meaning that 1) there is no central point of failure 2) control is distributed democratically between many participants on a network. Any user of the network may issue futures and options, and more advanced systems can be built on top of this functionality(such as a clearing house). The system utilizes the Confidence Chains algorithm, inherits its underlying characteristics and makes use of other innovations described in [2] and [3]. We also describe an application for a Bitcoin Options Exchange.http://www.altchain.org/?q=whitepapers/paper4.html
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