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2561  Economy / Scam Accusations / Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes on: December 10, 2019, 11:39:01 PM
If you just string together a bunch of allegations, suspicions, and speculation carefully crafted to insinuate guilt while providing no actual evidence to give yourself an out to claim you were just "scambusting" and not targeting a user for personal reasons, do you think that would be ok? I don't.

No, I definitely don't think that would be ok.

2562  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: December 10, 2019, 11:33:22 PM
Small risk brings small prices. And we could be sure suchmoon and eddie13 will go big or go home  Grin

Sportsbook arbitrage has been interesting to me ever sense I read topics by darkstar about it seemingly years ago but I never got around to it, vetting all these shady ass betting sites, doing all the math, etc..

I don't even know if it is legal for me, and if not, surely not worth the hassle..


This bet is basically because I ran my mouth and suchmoon called me out on it lol, so I had to honor it no mater what, but SM was nice enough to give some pretty fair draw conditions IMO, generously.. I think my draw conditions might be worth the lost possible, uh, pay spread for the bet that I could have got from some shady bookie site..

Its easy to feel like a winner when you don't put down any stakes eh?
I'll take a 0.1BTC 1:1 trump wins 2020..
Should a casino not allow you to make an absolutely stupid bet?
Like betting against Trump 2020 for example? (Ha Ha I Joke)
We'll see who has the last ha ha Smiley

For mouth running references Wink


I like the bet and I'd take it again probably even if I never said this/offered it in the first place..

Is 0.1BTC going big?

Just to be absolutely clear, the quote from me above was not to suggest a wager, but was pointing out the fact that it is really easy to pretend you were on the right track all along  after the fact when you dither, fence sit, and never declare your own conclusions. Some people like to feel smart on the sidelines never even risking a prediction.
2563  Other / Politics & Society / Re: "China's Gold-Backed Crypto Currency Will Blindside US Dollar" on: December 10, 2019, 11:29:01 PM

I see what's being thought of here now. Didn't make too much sense on ZeroHedge as its too short, cryptic, and doesn't truly explain anything.

I feel like this is a pretty good quote in showing that this may not be able to happen.

Another obstacle standing in the path of China’s ambitions to price oil in yuan is the currency itself. The yuan is not yet fully convertible, it’s fixed daily, prone to intervention and subject to capital controls.

Given that regime of tight control over the currency, many global players are likely to assume a yuan-denominated oil benchmark would be firmly under Beijing’s thumb.

“My biggest reservations are the role of the Chinese central government, potential state intervention and favoritism toward Chinese companies,” said John Driscoll, director of JTD Energy Services in Singapore and a former oil trader whose career spans nearly 40 years.

China does have some partners they'd be able to tap though, and they might be able to make some more friends through investment. Might be able to work out with them, but the US isn't going to take this one sitting down.

That is also an article from 2017. You might want to double check on that convertibility question, because contracts are now open. No one said the US would take it sitting down, but if they are reactive and not proactive it isn't going to matter because it will be too late.
2564  Economy / Scam Accusations / Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes on: December 10, 2019, 11:26:02 PM
Things were different back then, and if you want to condemn everyone involved with shady dealings in any way, maybe you want to start picking thru Theymo's turds too since he ran BFL ads on the forum.

If Pirateat paid OG his balance in August, and then OG just kept the money and told investors Pirate scammed him, you think that would be ok because things were different back then?  I don't.

If you just string together a bunch of allegations, suspicions, and speculation carefully crafted to insinuate guilt while providing no actual evidence to give yourself an out to claim you were just "scambusting" and not targeting a user for personal reasons, do you think that would be ok? I don't.
2565  Economy / Scam Accusations / Re: OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes on: December 10, 2019, 07:13:51 PM
OGNasty seemed to imply that there were no complaints.  There should always be some complaints
I'm seriously not out on a Witch Hunt here
Where are the compaints?
If their are no complaints, then why are you even digging for dirt, unless it is a witch hunt?

Yeah, that's been Ogs defense also.  I'm alleging that the guys that lost their deposits think Pirateat stole their money, but Og is the one that stole it.  That's why.

If his investors found out that he pocketed their deposits 8 years ago though, he probably wouldn't have been able to convince a bunch of people to loan him money to send to Butterfly labs a year later.

And then when BFL turned out to be a big ponzi, he probably wouldn't have been able to convince the people he couldn't pay back to accept 5,000 'seats' into the OgNasty fan club.

Witch Hunt implies that the truth is irrelevant.  All that matters is we get to set a witch on fire.

There are no victims seeking redress here, but that doesn't stop the local Bitstasi from making themselves feel authoritative by picking the peanuts out of turds of their favorite targets looking for clues. None of your conclusions are supported by the evidence and are 100% speculation.

Like I said before, you weren't there and you have ZERO FUCKING CLUE what you are talking about. Things were different back then, and if you want to condemn everyone involved with shady dealings in any way, maybe you want to start picking thru Theymo's turds too since he ran BFL ads on the forum. You are a noob with little dick energy looking to prove yourself and take down opponents by any means necessary, no matter how much bullshit you need to manufacture or how many stray peants you need to collect.
2566  Other / Politics & Society / Re: "China's Gold-Backed Crypto Currency Will Blindside US Dollar" on: December 10, 2019, 06:36:08 PM
Since several people are having trouble getting sparks in their neurons to form, I took the liberty of documenting this trend further. It is quite well known, quite mainstream, and quite public.


These sources vanilla enough?

https://www.forbes.com/sites/kitconews/2016/04/13/chinas-yuan-based-gold-fix-to-include-two-international-banks/

https://oilprice.com/Geopolitics/International/China-Prepares-Death-Blow-To-The-Dollar.html

https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

https://www.cnbc.com/2017/10/24/petro-yuan-china-wants-to-dethrone-dollar-rmb-denominated-oil-contracts.html

https://www.bloomberg.com/news/articles/2019-09-09/china-s-gold-buying-spree-nears-100-tons-as-trade-war-drags

https://www.forbes.com/sites/michaeldelcastillo/2019/08/27/alibaba-tencent-five-others-to-recieve-first-chinese-government-cryptocurrency/

https://www.independent.co.uk/life-style/gadgets-and-tech/news/china-cryptocurrency-launch-when-bitcoin-billionaire-invest-a9055376.html


China has a long memory...

https://www.chinainsight.info/history/1177-consequences-of-the-boxer-rebellion.html

http://blogs.bu.edu/guidedhistory/moderneurope/tao-he/

They plan to do exactly what was done to them. Strip the west of PM's using fiat and drugs (Fentanyl + more).
2567  Other / Politics & Society / Re: "California Plans FORCED Internment And Asset Seizure of the Homeless" on: December 10, 2019, 06:27:08 PM
Are there even assets to seize though? But yeah, nice they are at least trying to do something but funny that it'll make them look like hypocrites. Sure would be nice that people would no longer lose their feet from strep.

I'm more interested on how these "camps" would be run. Obviously a large number of those homeless people have substance addiction and mental health problems. Are they gonna try to reform these people or are they only keeping them out of the public's eyes and just gonna subsidize them indefinitely?

None of this matters. What matters is this is a horrible precedent that will absolutely lead to even more abuse of human rights.
2568  Other / Meta / Re: History - Bitcoin Savings and Trust and Pirateat40 on Bitcointalk (PONZI) on: December 10, 2019, 06:17:49 PM
OGNasty / Nastyfans was also affected by this ponzi.

This a led to some members making accusations against Ognasty. OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes

I thought you were better than this kind of bullshit xtraelv . I guess I was wrong.

I have neither made a judgement on it nor accused OG of anything. Just reported what was posted on another thread. Likewise I value the comments made by Eddie13 and OgNasty.

Cool story bro.
2569  Other / Meta / Re: History - Bitcoin Savings and Trust and Pirateat40 on Bitcointalk (PONZI) on: December 10, 2019, 05:58:25 PM
OGNasty / Nastyfans was also affected by this ponzi.

This a led to some members making accusations against Ognasty. OgNasty Ponzi passthrough and ponzi fans.. BTC losses everywhere he goes

I thought you were better than this kind of bullshit xtraelv . I guess I was wrong.
2570  Economy / Collectibles / Re: [AUCTION] The NEW 2020 Bitcoin Penny™ has YOUR NAME on it! on: December 10, 2019, 10:16:27 AM
Free market??  By that thinking you'd be ok with c*nt or wh*re on the Penny.  If you believe that would be ok because of "free market" over business practice .... YOU ARE A MORON!!  How about stop pushing political anything into this space.  I'm guessing BCP would reject Bush or Obama as well to keep politics out as well.... 

That is an interesting false equivalence you have there between profanity and The President of The United States. Of course allowing such a bid would most certainly drive the price up much further, but people you don't agree with are verboden. In this case a petty sense of control does trump the free market. Who pays the price? In this case the retailer. Hopefully it was worth it. Everyone knows democratic societies regularly ban the representation of opposition right? Of course.
2571  Other / Politics & Society / FLAT MARS on: December 10, 2019, 10:07:03 AM
This is the ultimate truth they don't want you to know. Elon Musk is a glitch in the matrix.
2572  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: December 10, 2019, 06:04:06 AM
I dunno, Biden and Vermin Supreme are about a toss up. Mandatory ponies for everyone is a popular platform compared to a chomo with dementia, no matter how much he knows about roaches.
2573  Other / Politics & Society / Re: [POLL] WILL TRUMP BE ELECTED TO A SECOND TERM? on: December 10, 2019, 01:24:47 AM
Calm down. They were making a bet was on whether or not Trump will be elected to a second term, which is the topic of this thread.

Since we are projecting emotional states upon one another, stop having a psychotic break, the topic is "WILL TRUMP BE ELECTED TO A SECOND TERM?", not lets iron out 100 details about a side bet about it.
2574  Other / Politics & Society / Re: [POLL] WILL TRUMP BE ELECTED TO A SECOND TERM? on: December 09, 2019, 09:41:41 PM
This is all great and everything, but at this point I think this bet should have its own thread.

I don't mind them keeping this thread in view.  I want to see the votes continue to roll in.  I like the idea of people putting their coins with their mouth is on the subject too.  It's refreshing when actual blockchain activity results from a thread here.

Keeping the thread on topic by it having its own thread doesn't stop any of those things.
2575  Other / Politics & Society / Re: "China's Gold-Backed Crypto Currency Will Blindside US Dollar" on: December 09, 2019, 09:37:33 PM
Although I tend to align with their political bent, zerohedge is a terrible source. Most of what they report/repeat is rumor that never pans out. If you live life with the attitude of, "my enemies suck and will fall apart on their own, LOL!", then you live in complacency and usually end up losing your fights.

I think that China more-or-less accepts Western mainstream economics, so I doubt they believe that a gold-backed currency could work. They also know that challenging the dollar's dominance in such a direct, explosive way would be an unbelievable escalation which could very well lead to at least some kind of hot war. If they did create a gold-backed cryptocoin, it'd probably be heavily locked-down, probably more like their existing internal payment systems than anything like Bitcoin. (I have heard that the Chinese population has some affinity for gold-as-money.)

It would be incredibly interesting if China created a gold-backed cryptocoin usable cross-border. It'd probably be a big hit worldwide, and would definitely erode the USD's (and US's) influence. It'd be especially cool if they did it via blinded bearer certificates like I described here.

This is lazy an uninformed. Also, how do you get complacency and self assurance from the tone of this article? That makes zero sense. Zero Hedge is BY FAR not the only one reporting this, but you would rather attack the source than give the contents a thorough review.

This IS happening, anyone who has been paying attention to the economic trends of China and the world in general should be acutely aware of these developments in not only the accumulation of gold, the goals to issue gold/oil backed yuan, as well as the shift to a state backed crypto. When you actually bother looking into this, be sure to let me know how wrong you were. I don't expect much though, because the shit talking always flows freely, but the corrections always sit in 8pt font on the last page.
2576  Other / Politics & Society / Re: [POLL] WILL TRUMP BE ELECTED TO A SECOND TERM? on: December 09, 2019, 03:23:22 PM
Should we sign this soon?

Yes. Give me a day or two to restore my legacy wallet and I'll give you the address.

Signing is really optional since it doesn't prove anything that can't be proven by an unedited post here but since we're BTC nerds we might as well do that. The message should include the top part too I think. Something like this:

Code:
suchmoon's address: (standardized legacy please)
eddie13's address: 1vvSrTFiQY7akwbsv3iYPPe9mR3DsEbff

suchmoon agrees to pay 0.1 BTC to eddie13 if Donald J Trump wins the 2020 US presidential election, and eddie13 agrees to pay 0.1 BTC to suchmoon if Donald J Trump does not win the 2020 US presidential election.

Decision logic:

Election result is considered decided by the Electoral College meeting. If the Electoral College elects Donald J Trump the president of the US following the 2020 US presidential election eddie13 wins the bet, in any other case suchmoon wins the bet except for the draw conditions listed below.

Conditions for a draw (neither side pays the other side):

    If there is no presidential election in 2020.
    If Donald J Trump is not on the ballot in at least 26 states.
    If the Electoral College doesn't meet by midnight January 31, 2021.

Additional terms:

    EC decision is final regardless of popular vote, pledged electors, unfaithful electors etc.
    No presidential election in 2020 (martial law, martians invading, etc) means a draw.
    Donald J Trump not running for any reason (primaried out, dead, impeached, etc) means a draw even if he wins via write-in.
    Any other candidate getting elected (democrat, republican, third party, etc) means suchmoon wins.
    If Donald J Trump is elected but doesn't get sworn in (dies, goes to prison, moves to Slovenia, etc) eddie13 wins.

This is all great and everything, but at this point I think this bet should have its own thread.
2577  Other / Politics & Society / Re: [POLL] WILL TRUMP BE ELECTED TO A SECOND TERM? on: December 09, 2019, 02:52:42 PM
Who in his right mind would vote for Warren or even Biden? The guy can't even form proper sentences.

I agree. Let's disqualify everyone who can't form proper sentences.

https://www.youtube.com/watch?v=3DbE2SmV2bs

Hairy legs
I prefer this version: https://www.youtube.com/watch?v=m68Pw-KZvvo

Note the original version is marked as "inappropriate for some users" and forces you to log in to view it. Amazing how anything critical of the establishment on Youtube is suddenly not fit for viewing, almost as if they are using protecting children as an excuse to restrict the spread of content they don't approve of.

It amazes me no one has any comment on this creepy lunatic. If anything even remotely similar came out of Trump's mouth this would be covered on every outlet 24/7 until the 2020 election.
2578  Economy / Collectibles / Re: [AUCTION] The NEW 2020 Bitcoin Penny™ has YOUR NAME on it! on: December 09, 2019, 02:39:16 PM
I will assume by your lack of reply you aren't interested in my bid.

Good morning, TECSHARE. Smiley

I wasn't ignoring you, I just stepped away last night and forgot to reply. It's morning now, so I'll do my best to answer your question. (WARNING: I haven't had a single sip of coffee yet, so my answers may ramble or make little sense.)


It might be a good idea to require a public statement of the initials/word with each bid and accept or reject them before the auction finishes, otherwise essentially one could just use those bids to drive the price up then reject them for a inscription more personally favorable to the manufacturer while still keeping the inflated price. I am not suggesting BitcoinPenny would do this, but there really would be no way to know for sure. Can you please confirm if you would accept or reject this submission?

I think you make a solid point (even without my morning coffee). However, please know that I am always willing to openly and publicly reject a mint mark suggestion. I've done it plenty of times in the past, and I'll do it in this auction too, if the occasion arises.

But I think that you're asking for me to set an official rule on the matter, which may be a wise idea. Therefore and henceforth, if a mint mark is given with a bid, then I will officially and publicly accept or reject that mint mark. I do believe that is the wisest policy, TECSHARE. Thank you for sharing it. Smiley

(EDIT: Please assume the mint mark was accepted if I post a mockup.)

Regards and Happy Bidding,
Chris

PS — As quoted above, I think that you were specifically referring to the previous bid where the mint mark suggestion was TRUMP. That's a tricky bid, for many political and moral reasons. However, I will enthusiastically state here and now that I will never mint the name TRUMP on any BP product.

Thank you for the prompt reply. I regret you are unwilling to offer a free market bid for your product and instead would rather choose your personal political beliefs over business operations.
2579  Other / Politics & Society / Re: "China's Gold-Backed Crypto Currency Will Blindside US Dollar" on: December 09, 2019, 02:36:35 PM
I don't understand the economics behind it but if it proves to be far more stable than the dollar, then people might actually use it. All I know is that currencies these days are floating after we abandoned the gold-standard. It's been several months that we are hearing about this move to return the standard back, there are rumors about different countries trying to get their gold back.

It's probably not just China that would launch a gold-backed crypto and they might do it all at the same time while the dollar is in disarray for maximum effect.

China's plan was to accumulate precious metals and other capital goods required for manufacturing quietly using the fiat system until such a time as they had acquired enough gold to launch a gold and oil backed yuan. This has been the plan for some time. China has massive undeclared gold stores. The additional element of crypto I think was something they decided to hybridize this strategy with at a later point.  IMO economically speaking, this strategy is a lot more powerful in crypto form. This is something that MUST be addressed immediately if the USA is to be prepared. IMO the USA should have been embracing crypto long ago, but unfortunately they are too worried about chasing pennies of tax revenue to support such advancements.
2580  Economy / Collectibles / Re: [AUCTION] The NEW 2020 Bitcoin Penny™ has YOUR NAME on it! on: December 09, 2019, 12:28:59 PM
I will assume by your lack of reply you aren't interested in my bid.
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