Bitcoin Forum
August 22, 2018, 03:54:27 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
  Home Help Search Donate Login Register  
  Show Posts
Pages: [1]
1  Economy / Speculation / Re: Warning: How many of you Bears have ever been a victim of a Short Squeeze? on: October 20, 2011, 05:57:30 AM
I would hope an 'expert' such as yourself would at least know that most of those buy walls are fake. 
2  Other / Off-topic / Re: [POLL] I'm Done!: Part 2 on: September 17, 2011, 05:11:09 AM
You clearly have no entrepreneurial or math skills, so let me spell this out for you:

-If you want to sell gift certificates, you need to buy them for less than they cost (i.e. work out a deal to buy a $10 card for $8) and then sell them at cost ($10) or better yet, slightly less than they're worth.

-To do this, you'll need to buy them in bulk, which is going to mean an investment ($$$) on your part.  You can't run a business without an initial outlay.

-There is absolutely no new market in gift certificates or Pokemon cards.  If you want to make money here, you need something novel, like accepting Bitcoins.  Your website failed to do this.

-If all this was not immediately obvious to you in July, either the management courses you took weren't worth the time you wasted, or you need to give up on your unrealistic dreams and start working a real job, however low-paying it may seem.  I would also suggest seriously considering therapy.  Jumping from one outsized scheme to another without taking any criticism along the way is a good way to end up broke and unhappy, and the sooner you realize this, the better.
3  Other / Meta / Re: Info about the recent attack on: September 12, 2011, 02:41:26 AM
Quote
The more I read this thread, the more pissed off I get as the complete mismanagement of this forum and especially the utterly piss poor handling of this incident.  No, we don't expect to be incident free 100% of the time (though that should be the goal), but when there is an incident, how you handle it during and after the crises is just as important as what you do to prevent it in the first place. On both accounts, the before and after, it has been utter and complete fail.  Please stop the cycle of failure.  If you aren't ready or prepared to take steps right now to solve the issues, let someone who is handle it.    Stop damaging the credibility of Bitcoin.

Considering that the forum is comprised of 30% pro/anti-bitcoin trolls, and that the moderators seem to be incapable of doing anything but moving critical threads to off-topic, I'm not at all surprised that the administrators are failing as well.  This place is rotten from the ground up.  I know what a pain updating old software can be.  I also know that it's part of the fucking job.  And now it seems the reins have been handed over to MtGox, who has yet to respond to the obvious problems with his own product today.  How many more shitty pieces of software is the Bitcoin going to have to use before people realize that anything Bitcoin-related is a giant target?  If you can't be bothered to fix the obvious holes I'd rather you don't even bother at all.
4  Other / Off-topic / Re: The story of Bold Funding. on: August 31, 2011, 11:06:21 PM

We'll have to disagree on this one. Bitcoins are no more a currency than sea shells. "Value" cannot be determined as it's relative to nothing. It's not tied or pegged to the dollar or any currency, so therefore it carries no determinable "value" for tax or legal purposes.


This is just 100% wrong.  If I buy 10 mansions and go bankrupt, you can believe that the IRS will assign some 'value' to those mansions and take them.  Likewise if I had a collection of fine art or, in this case, bitcoins.
5  Other / Off-topic / Re: What's with all the haters? on: August 31, 2011, 10:59:29 PM
Moonshadow- as far as I know, the judgment is still unpaid.  I have no involvement with the Mybitcoin scandal, but think about this- why does a guy who still owes $300,000, who was shown to have grossly overrepresented his services (he claimed to have 70+ offices when the real number was 0 or 1), still have the trust of the community?  A man who decided to have a bitcoin conference in a sex tourism capital?  How does he even have the funds to go globetrotting (I hear he's in Japan visiting MtGox at the moment) if he owes so much money? 

If he were some average Joe I wouldn't care.  But he's not an average Joe.  He's been interviewed by NPR and, like it or not, is the public face of bitcoin.  The community deserves a better representative, but every time someone brings it up they're accused of being a troll.

I'm no troll.  Everything I've stated here is there for the world to see in public records.  I just don't see why so many people are willfully ignoring what's staring them in the face.
6  Other / Off-topic / Re: What's with all the haters? on: August 31, 2011, 08:43:24 PM
I'm either missing something, or we have been overrun with homophobes.  Why are there so many BruceWagner bashers lately?

People are bashing Bruce Wagner because he has been convicted of fraud (go look at his thread, he admits it), and owes $300,000+.  There is also circumstantial evidence that both OnlyOneTv and MyBitCoin used the same obscure hosting site, and may in some way be related.  You don't have to be a homophobe to think that having a fraudster being the de facto public head of bitcoin is a bad idea.
7  Other / Off-topic / Re: The story of Bold Funding. on: August 31, 2011, 04:58:30 AM
Any chance you've been convicted of prostitution?  Insurance fraud?  Ever been evicted?

All the pieces are starting to fall together- scammers upon scammers upon scammers.  Is this really the person we want as the public face of bitcoin?
8  Other / Meta / Re: SomethingAweful Invades Bitcoin Forum... on: August 30, 2011, 11:17:49 PM
I love how many of the most prolific bitcoin backers, who one would think support free speech, call anyone who disagrees with them some combination of a 13-year-old child, an idiot, or a troll.  It's the perfect way to shut down a conversation without having to actually respond to the message.

Sure, there are SA trolls in this forum.  There are also people from SA who think bitcoin as an idea is nice, but that the community is being overrun with scammers preying on idealistic libertarians.  You may disagree with their methods, but I defy anyone to say that scams aren't a huge problem right now.

Speaking as a lurker on both forums- sure, some of the SA posters can get a little...hyperbolic.  The same can be said about posters here (does anyone really believe that Matthew Wright has 30 business correspondents who are anonymous and have never posted anything on a bitcoin forum?)  But that's not at all the same as saying anyone who dissents with popular opinion is a troll.  Skepticism is a sign of a healthy, inquisitive mind- and I have to say, I see a lot more of it over on Something Awful than I do over here.
9  Economy / Speculation / Re: BTC price collapse! on: August 07, 2011, 01:12:56 AM
Great walls at lower prices. Its a speculation tricks from wall street guys.

 http://nyconvergence.com/2011/08/bitcoin-trading-attracts-wall-street-professionals.html

Have you noticed that the walls seem to vanish as soon as the price gets near them?  At least on MTGox, there were similar walls at $6, $6.50...all the way up to $8, but they didn't seem to do anything.  Maybe people are pulling out when the price gets close in hopes of getting an even better deal?
10  Bitcoin / Bitcoin Discussion / Re: UABB is a... on: August 04, 2011, 04:41:57 PM
Phinneas- the problem I have with Wright is that none- not a single one of his claims are verifiable.  He has a school that has literally no presence on the internet, with no alumni.  He claims that the semi-functioning webpage for his school is a 'personal backup.'

He claims to have 30 members of his organization, but none of them have said anything on any Bitcoin-related message board that I can see.  Perhaps they all want to remain anonymous?

He claims to be a member of a handful of different organizations (UABCI, something in Italy), that I have never heard about other than in his posts- have you?  Where do you think these mysterious organizations recruited, if not on a forum such as this?  None of these organizations have a website either.

Lastly: he's claiming that, based on the strength of a webpage and not much else, he's managed to convince people to abandon their countries and move to South Korea for no pay.  Are they supposed to magically receive work visas?  Do none of them have families, jobs, or commitments?  Off the strength of his comments on this forum, and his complete lack of a business plan, do you honestly think he could recruit people to move across the world and join him?
 
Sorry, but this just doesn't pass the smell test.
11  Other / Off-topic / Re: I stand behind Matthew. on: August 04, 2011, 04:13:26 AM
Thank you for replying to my post.  I don't have an interest in giving you the fifth degree, but my suspicions were raised when I looked at your international school http://www.edustem.com/mwright.kr/our_campuses.php and foundation webpage http://mwrightinternational.com/ and found a pattern very similar to your UABB pages.  The framework is there, there are talks of great accomplishments ($100,000 donors, 99.99% of American colleges taking international students without TOEFL), but all the actual evidence of real achievements (i.e. the alumni pages, curriculum, PTA, etc) are suspiciously blank.  You list a bunch of accreditations, but then say that they don't actually apply to your school.  Perhaps you took down those parts of the webpages, but you decided to keep other parts (dress code, bus scheduling) functional?  There isn't even a single picture of your school, or a classroom, on the school's website.  A google search also reveals nobody claiming to be an alumnus from your school- no teachers, newspaper articles about your success in waiving the TOEFL requirements, no mention of American schools who partnered with you to provide the rationale you're claiming.  In fact, the only information about your school (which you claim ran for three years even though your webpage shows that opened in 2009 and wasn't updated after August of that year) comes from your own links.  You have to admit that seems a little suspicious.

When I said you had dummy companies, I was referring to your 'ratings' page http://uabb.org/ratings.php.  You have 14 pages of 'businesses' with no URLs that are currently awaiting accreditation.  The names of these 'businesses' are clearly usernames that you've taken from some forum.  Do any of these businesses actually exist?

It's customary for a small business to provide a little information about who they are.  If you only have a handful of executives, it shouldn't be too hard for them to provide an email address, picture, and brief bio.  After all, you're in the business of transparency, aren't you?

I hope this doesn't come off as a personal attack.  I've spent my entire life surrounded by 'idea men' who could talk endlessly about their dreams, and yet never followed through.  You'll have to forgive me for being skeptical when I run into another.
12  Other / Off-topic / Re: I stand behind Matthew. on: August 04, 2011, 01:04:12 AM
Matthew- I posted this as a response to you on the newbies forum, but since you don't seem to be getting back to me and I've since been allowed to join the ranks of the full board, I'll post it here.

-You have three separate websites for three different organizations, two of which are entirely non-functioning.  You claim to be doing all the coding by hand, but as a CS major, setting up a website shouldn't take more than a few hours.  Even less if you use something like Wordpress.  You seem to have dummy companies listed, with no actual websites linked and no way to register.  In short, your website offers nothing of substance.  I could write a functioning website like yours in a few hours, and yet you've had weeks to develop nothing but a shell.

-Your contact information has nothing- no phone numbers, no bios or pictures of you or your associates.  Ironically, this is more similar to shady operations like MyBitCoin than the BBB.  You mention having 30+ members of your team, but not a single person other than you has ever made a public post.  How are you paying these 30 members?  And if you do have these associates, why is the person in charge building the webpage?  What exactly are these other members doing?

-You have a failed track record with regards to your preparatory school.  Why did it go under?  What got you interested in the business?

-And most importantly, you are making grandiose claims with no supporting achievements.  At first, you explicitly requested funds for an 'international investigation' into Mybitcoin.  Then you backed off the funding requests, but said you had everything under control.  Now, you're claiming that you may have to leave the investigation to us 'unwashed masses.'  Is this what we can expect from your many organizations- 3 days of spamming the forums, then backing off with no results?

Reading a post from a few weeks ago, it seems that you got into a very public 8-page dispute with another member of the forum, which led to you having to take out a loan of 1 BTC to pay someone for services you requested.  Throughout that thread, you insulted other members' and moderators' intelligence, reading and writing abilities.  Why did you buy someone's services when you had no way to pay him?  Furthermore, you mentioned buying 128 graphics cards for mining- another business scheme, it seems.  Can you provide any proof that this mining rig is up and running, or is this another idea of yours with no follow-through?

My advice to you, if you are a legitimate businessman, is: put your money where your mouth is.  Stop posting so much, and get back to the community when you actually have something to offer other than empty promises.  Someone doing what you're trying to accomplish needs to have an aura of being above the fray, and right now you don't seem to be that person.
13  Other / Beginners & Help / Re: Your opinion on Botnet Mining. on: August 04, 2011, 12:18:54 AM
Botnet mining is wrong because all botnets are wrong.  There's not much more to it than that- in what world is it all right to illegally take advantage of someone else's property and use it for your own purposes?
14  Other / Beginners & Help / Re: Silk road on: August 03, 2011, 11:18:18 PM
With the recent publicity, it's pretty much an open secret at this point.  The moderators seem to have decided that it's not suitable for these forums, and that's their prerogative.
15  Other / Beginners & Help / Re: Newbie restrictions on: August 03, 2011, 09:24:24 PM
What about having alternate paths: say 4 hours and 250+ words posted, or 10 hours and a single post?  As a long-time lurker who's got some (hopefully!) interesting things to say, the current scheme encourages newbies to come as close to spam as possible to get their 5 posts, instead of encouraging them to post actual content.
16  Other / Beginners & Help / Re: Introduce yourself :) on: August 03, 2011, 09:20:37 PM
I started out as a miner as well, but now I'm more interested in Bitcoin as a community- the forums seem to be full of a mixture of idealists and people in it to make money, and it's been pretty interesting watching the two sides interact.
17  Other / Beginners & Help / Re: UABB appears to be another scam on: August 03, 2011, 09:18:14 PM
My problems with UABB are well-covered on the main board, but in addition:

-You have three separate websites for three different organizations, two of which are entirely non-functioning.  You claim to be doing all the coding by hand, but as a CS major, setting up a website shouldn't take more than a few hours.  Even less if you use something like Wordpress.  You seem to have dummy companies listed, with no actual websites linked and no way to register.  In short, your website offers nothing of substance.  I could write a functioning website like yours in a few hours, and yet you've had weeks to develop nothing but a shell.

-Your contact information has nothing- no phone numbers, no bios or pictures of you or your associates.  You mention having 30+ members of your team, but not a single person other than you has ever made a public post.  How are you paying these 30 members?  And if you do have these associates, why is the person in charge building the webpage?  What exactly are these other members doing?

-You have a failed track record with regards to your preparatory school.  Why did it go under?  What got you interested in the business?

-And most importantly, you are making grandiose claims with no supporting achievements.  At first, you explicitly requested funds for an 'international investigation' into Mybitcoin.  Then you backed off the funding requests, but said you had everything under control.  Now, you're claiming that you may have to leave the investigation to us 'unwashed masses.'  Is this what we can expect from your many organizations- 3 days of spamming the forums, then backing off with no results?

Edit: Reading a post from a few weeks ago, it seems that you got into a very public 8-page dispute with another member of the forum, which led to you asking to take out a loan of 1 BTC to pay someone for services you requested.  Throughout that thread, you insulted other members' and moderators' intelligence, reading and writing abilities.  Why did you buy someone's services when you had no way to pay him?  Furthermore, you mentioned buying 128 graphics cards for mining- another business scheme, it seems.  Can you provide any proof that this mining rig is up and running, or is this another idea of yours with no follow-through?

My advice to you, if you are a legitimate businessman, is: put your money where your mouth is.  Stop posting so much, and get back to the community when you actually have something to offer other than empty promises.
Pages: [1]
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!