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2001  Other / Off-topic / Re: Two interesting emails I received today... on: September 02, 2011, 03:51:25 AM
 Also, I don't think we're all that interested in recruiting off the 3rd most retarded forum on the internet.

wait...  creationists,bronies,troofers,tea partiers...  argh!?? How did we get to number 3?
oh - that's right, we've probably got them all   Shocked
2002  Bitcoin / Bitcoin Discussion / Re: Public opinion of Bitcoin on: September 02, 2011, 02:55:50 AM
When this poll was first posted, I picked "not sure".  I'm now of the opinion that he is very bad for Bitcoin's image.  When I first got involved with Bitcoin, I would have chosen "good" or "very good".

Yes - the Bold Funding issue has completely changed my opinion on this too.
2003  Other / Off-topic / Re: Two interesting emails I received today... on: September 02, 2011, 02:32:40 AM
A business or merchant? Sure I would trust them. Another untrusted exchange? Hell no, given the acceptance of scams and history of exchange problems and scams as made apparent by these forums, it is easy to see that there are no 'trustworthy' exchanges, especially given the anonymous nature of many of them.

I'm not clear on why exchanges such as mtgox and tradehill are not considered reasonably trustworthy.
I had a small amount on deposit with mtgox during their major security issue - and from my perspective it was resolved pretty well.  Security breaches and information disclosures from major corporations happen all the time - and yet perhaps because of their sheer scale, their reputation doesn't seem to suffer as much as mtgox's has.

Mtgox were not only reasonably communicative about what was going on - but provided compensation in the form of temporary reduced fees + free yubikeys for those affected. 

My problem with mtgox at the moment is that they don't appear to be engineered for high volume trading.
It's apparent that during higher volume trading both mtgoxlive and the manual trading interface become unresponsive. 
I suspect that this is a lack of concurrency in the programming - and may even be contributing to the overall price instability. People can't get in to execute their desired trades at the times they most want to! 

I do however trust that they have a (belatedly) strong security focus, and a profitable business model as evidenced by their ability to take on the books of bitomat.pl and compensate their users.

2004  Other / Off-topic / Re: Two interesting emails I received today... on: September 02, 2011, 01:48:57 AM

I'd happily pay the somethingawful fee if I could use BTC.  In fact, I would happily donate to them as a token of my appreciation if I could do so in BTC.  I'm damn sure not going to give them a link to my PayPal or credit card info for free.

Hey SA Goons (and I mean that as a good thing...) check out that bitpay plugable payment app or whatever it is called would ya?


Before I saw this - I too mentioned I'd happily pay if they accepted in bitcoins.  I don't have a CC - and paypal is a complete pain in the arse for me.
Somehow I think they would get quite an influx of funding if they accepted bitcoin - but perhaps they wouldn't be so pleased with the type of people joining? Wink



What are they supposed to do with Bitcoins once they acquire them? Try to flip them for the USD needed to run the forums on the untrustworthy sites mtgox or TradeHill? How, in that sense, is accepting Bitcoin for fund a service that needs US dollars actually 'funding'?

Flipping them on an exchange is one option - but they don't have to 'acquire' them.  There are at least 2 merchant service providers which do immediate conversion.
Are you saying you wouldn't trust any new business in the bitcoin world? It's not like you're using them as a bank and holding large amounts of funds with them for an extended period.

Ideally - yes you'd acquire them and flip them on an exchange - but unless you also want to be a bitcoin speculator (which quite rightly most merchants wouldn't), then the price instability is currently a problem.

In the mean time - services such as btcinch and bit-pay make this unnecessary.

I have no problem with SA or other merchants deciding the infrastructure and various bitcoin businesses aren't yet proven enough for them to feel comfortable with - but I see this as an argument against 'bitcoin right now', not bitcoin itself - and this would similarly have been the case for things such as paypal in the beginning.

2005  Other / Off-topic / Re: Real Evidence the Freemasons Troll the Bitcoin Forum from SomethingAweful on: September 02, 2011, 01:27:33 AM
I did not call for censorship, I just pointed out that labeling an entire forum due to the affiliations of a very minor percentage of members is disingenuous.

It doesn't feel good when you are the target, is that it?

Was it wise on your part to label an entire forum due to affiliations of a minor percentage of members?

Too bad you closed the forum to the public or I would go to the Bitcoin thread in SA to screen-cap all the "labelling" you goons done...

Is it untruthful to say this forum is full of Libertarians, Ron Paul fans, and people generally uneducated about actual economics? I think not, just read any thread here, especially all the conspiracy theories and unfounded Randian principles people post.

It's probably an exaggeration.. or a bias obtained by focusing on the 'fun' threads.

I see no evidence that  'is full of'  is more accurate than 'has a noisily vocal minority of'.




2006  Other / Off-topic / Re: Two interesting emails I received today... on: September 02, 2011, 01:16:50 AM

I'd happily pay the somethingawful fee if I could use BTC.  In fact, I would happily donate to them as a token of my appreciation if I could do so in BTC.  I'm damn sure not going to give them a link to my PayPal or credit card info for free.

Hey SA Goons (and I mean that as a good thing...) check out that bitpay plugable payment app or whatever it is called would ya?


Before I saw this - I too mentioned I'd happily pay if they accepted in bitcoins.  I don't have a CC - and paypal is a complete pain in the arse for me.
Somehow I think they would get quite an influx of funding if they accepted bitcoin - but perhaps they wouldn't be so pleased with the type of people joining? Wink

2007  Other / Off-topic / Re: Real Evidence the Freemasons Troll the Bitcoin Forum from SomethingAweful on: September 02, 2011, 01:08:59 AM

Apparently one of the prerequisites of joining is that you believe in a 'supreme being' of some sort.

It tickles me that a goofy anachronistic club misunderstood to be pulling the strings of world politics and finance,
should require of their members that they misunderstand the universe to be itself puppeteered.

Yes, groups of people who know each other may collude in business and politics; but to any serious extent - only when their interests align anyway.


2008  Other / Off-topic / Re: Freemasons Shut Down Public Access to Somethingaweful Bitcoin (SA) Forums on: September 02, 2011, 12:40:51 AM
I have no problem with SA ridiculing the Bitcoin concept and the community. Even the occasional trolling here is no big deal.
Hell, they no doubt think I'm crazy for thinking Bitcoin has a chance to play more than a minor niche role in the world,  but as you so aptly demonstrate Bitrebel, there is plenty of batshit crazy around here to ridicule!

I'm very glad they dug up and exposed the info on Bruce - it should be public knowledge. Thanks SA!

I'd feel just fine about supporting SA financially through a membership. The day they accept Bitcoins directly on their website, is the day I join up.
Not holding my breath on that one!
2009  Bitcoin / Bitcoin Discussion / Re: Canadian Email money Transfers and FREE Direct Cash Deposits at CIBC on: September 01, 2011, 04:27:44 PM
Give the guy a break guys..

He's JUST out of the gate and your slashing his legs..


That's a complete misreading of the situation.
Piper67 and I have been nothing but helpful.   


2010  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: September 01, 2011, 02:55:57 PM
Quote
Can a virtual currency save our global economy from collapse?

2011-08-31
Jon Irwin

http://news.killscreendaily.com/post/9634412270/canavirtualcurrencysaveourglobaleconomyfromcollapse

This piece comments on the recent Bitcoin article in technologyreview.com regarding speculators (http://www.technologyreview.com/computing/38392/?p1=featured)

killscreendaily is a Texas based  magazine/site for people interested in videogames.
2011  Bitcoin / Bitcoin Discussion / Re: Canadian Email money Transfers and FREE Direct Cash Deposits at CIBC on: September 01, 2011, 02:15:54 PM
On top of this there is ZERO COMMISSIONS Trading on BITCOIN-CENTRAL.NET
So what is your business model then?
People who put money into your system would surely like to know you have a mechanism to make enough money to cover costs and unforeseen issues.

We are an established exchange and have provided FREE open source platform for Trading.
We are now serving the Bitcoin community by providing ZERO COMMISSION TRADING.

Building a brand is not always about earning money.

Nope, but building a business usually is. Are you saying there's zero trade commissions for now, but once your volume increases you'll start charging them? Nothing wrong with that at all. What Julz was asking was what is your business model... We tend to trust people who have one, and distrust those who don't.

Exactly. You would build your brand by giving us confidence that this is not just a hobby - that it's in fact a viable business.
Nobody will begrudge you making a profit. It's in the customers' interests that you have enough money to grow,develop your systems and pay yourself so that you actually have an incentive to run a great business.  It costs money to run anything of any decent scale.  

'Zero commissions' implies that you either don't expect to grow much,or you intend to change your fees later, or you have some other revenue stream associated with the site e.g advertising.

Whatever the case - inspire confidence by letting us know how you intend to cover things such as your operating costs and growth.
Remember - mybitcoin was run on a no fees basis, and as it was (probably) just a profitless sideline or hobby for the operator.. customer support was awful, and obviously keeping abreast of security issues wasn't a priority. (This is giving the benefit of the doubt and assuming it wasn't a scam from the outset)

A free intro period is fine to help you get volume up - but be open about it and let people know there may be fees later. For example you could tell us that even when fees come in you intend to be highly competitive with other Bitcoin exchanges.






2012  Alternate cryptocurrencies / Altcoin Discussion / Re: [ARTICLE] Bitcoin To Collapse? on: September 01, 2011, 12:10:04 PM
Solidcoin IS better than Bitcoin no question about it.

Bitcoin has community momentum and developers who understand the protocol and the issues.
SC dev (is there even more than 1?) put in BETA code from bitcoin and then uses that as if to say it's ahead of bitcoin?  Pathetic.
Trust in the open source development team and other volunteers who eyeball the code is a critical part of why bitcoin is vastly more sound than SC.

Solidcoin is 'solid' like the Democratic Republic of North Korea is 'democratic' - and if the slimy claims on the solidcoin site didn't clue you in to that, you should be embarrassed.
2013  Bitcoin / Bitcoin Discussion / Re: Canadian Email money Transfers and FREE Direct Cash Deposits at CIBC on: September 01, 2011, 05:09:19 AM
On top of this there is ZERO COMMISSIONS Trading on BITCOIN-CENTRAL.NET

So what is your business model then?
People who put money into your system would surely like to know you have a mechanism to make enough money to cover costs and unforeseen issues.



2014  Other / Off-topic / Re: What's with all the haters? on: September 01, 2011, 04:33:39 AM
The first step in him turning over a new leaf would be compensating the victims he was ordered by the courts to compensate.

Until that has been done and all of the cases are closed/disposed and restitution was made in full, any claim that he has turned over a new leaf is pretty much meaningless.

Remember, we're talking about someone who claimed to have lost well over 25,000 coins to MyBitcoin. If that is false, he hasn't turned over a new leaf, he's telling major lies to his audience. If that is true, he hasn't turned over a new leaf, he's hiding from a court-ordered judgment against him. You can't on the one hand say "I feel so bad for what happened to those people" and the other hand say "But you know what, fuck it, I want to keep my more than a quarter of a million dollars and to hell with them and the judge."

And before anyone points out that Bruce "lost" that money and thus can't use it to pay back the victims I'll point out that it's the fact he hoarded it in the first place, instead of paying them back, that proves he isn't sorry.
+1
I've been relatively supportive of Bruce and the bitcoin show until the past few days. The homophobic attacks were stupid and irrelevant - but this issue is important.
If he really had a conscience he'd at least have paid  a decent chunk of it back.
It's obvious from his defensive posting that he hasn't, and that he finds ways to excuse his behaviour.
He was organised enough to get new business and collect the money - just not quite organised enough to provide the service?? You can't paint that any other way than dishonest.
Combined with his lack of sympathy for rape victims - he's exhibiting the characteristics of a sociopath.


2015  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: August 31, 2011, 05:43:16 AM
Quote
Online Currencies on the Rise

Alyssa Carducci
2011-08-31

http://news.heartland.org/newspaper-article/2011/08/31/online-currencies-rise

“Most electronic currencies have not been currencies at all, but rather online clearinghouses for trading traditional currencies or commodities,” says Jim Harper, director of Information Policy Studies at the Cato Institute.

Bitcoin is closer to an actual currency that travels from hand to hand than PayPal, Harper says..

Just counting up the good things and the bad things, I think Bitcoin falls on the good side. But I think it will take some time for people to trust it, and people should be cautious with it,” Harper said.

2016  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: August 31, 2011, 02:08:44 AM
Quote
Riding the Silk Road: the flourishing online drug market authorities are powerless to stop

James Robertson
2011-08-30

http://www.smh.com.au/technology/technology-news/riding-the-silk-road-the-flourishing-online-drug-market-authorities-are-powerless-to-stop-20110830-1jj4d.html

"The "postmen" offer one gram of marijuana for around $20 – or 1.87 bitcoins, the currency used on the website. According to the Australian Crime Commission this price is roughly in line with national median street prices for a gram of marijuana.
Bitcoin is the peer-to-peer online currency favoured by people who prefer to keep their transactions anonymous. Their value fluctuates wildly: one bitcoin is today worth around $11 Australian dollars; at the start of June it was worth $30."


While stories like this are a bit annoying as far as failing to provide more balance when referring to bitcoin - I think it's interesting to note that Hawala money transfer systems have also had much bad publicity but of course remain in operation throughout the world.

e.g Time Magazine in 2001 wrote about Hawala as a 'Banking System Built for Terrorism'
http://www.time.com/time/world/article/0,8599,178227,00.html
and the world bank talks of 'The nexus of drug trafficking and hawala in Afghanistan'
http://siteresources.worldbank.org/SOUTHASIAEXT/Resources/Publications/448813-1164651372704/UNDC_Ch6.pdf


2017  Other / Off-topic / Re: nootropics? on: August 31, 2011, 01:59:35 AM
I would like to know about the brand name of the nico tabs, I wouldn't mind having some of those.

Nicabate 4mg mini mint lozenges.  You can pick them up at supermarkets here in Australia.


You are certainly right about not being too many peer reviewed studies, I have learned most of what I know of them from IMMST, bodybuildingforum, anabolicminds, 2nd hand exp. and first hand.

IMMST?  Do you mean imminst.org? I haven't checked for a while but there used to be some interesting discussions on nootropics there.
2018  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: August 31, 2011, 01:42:55 AM
BetaBeat picks up on the indybay.org article about goldbarrick.

Quote
Bitcoin as a More Socially Responsible Alternative to Gold

Adrianne Jeffries
2011-08-30

http://www.betabeat.com/2011/08/30/bitcoin-as-a-more-socially-responsible-alternative-to-gold/

I think it's an interesting concept - but I imagine the 'green' credentials of Bitcoin aren't exactly strong given the current reliance on inefficient GPU mining.
Perhaps it's reasonable to argue Bitcoin is 'least worst' from a social responsibility standpoint, but I'd be a little hesitant to trumpet this line as a serious PR argument.

I guess if someone raises electricity consumption as an argument against bitcoin, this does make a good comparison and helps put the tradeoffs in perspective.

2019  Bitcoin / Press / Re: Bitcoin press hits, notable sources on: August 31, 2011, 01:11:28 AM
Quote
Try Bitcoin

2011-08-30
http://www.practicalecommerce.com/podcasts/episode/1668-Try-Bitcoin#

"Bitcoin is a new virtual currency, designed for use over the internet. It works with a free, open-source program, and is independent of any centralized banking system. It offers a free API for easy integration with your website, and has transaction fees on the order of 0.02%. Though Bitcoin is still a fairly new and volatile currency, it might be worth trying out."


The quoted text is the entirety of the piece, and the audio is the same.

It's interesting to see a no-nonsense item like this being communicated to people in ecommerce.  When it comes to the point that merchants are most focused on 'what does it cost' and 'how do I make it work with my system' - it'll be a sign that bitcoin has ridden out the storm of side-issues and FUD.


About Practical eCommerce:
Quote
Practical eCommerce was launched in July 2005 by Kerry and Joy Murdock in Grand Junction, Colorado, U.S. Its mission is to provide down-to-earth articles and advice to help smaller businesses succeed online.

We originally delivered this editorial content primarily through a monthly, printed magazine. But it now (2011) includes this website, three audio podcasts, two email newsletters, educational webinars and a companion site, Ecommerce Developer, for coders, designers and developers of ecommerce sites, but no printed magazine.

We are a small business ourselves, and we take seriously the task of helping other businesses migrate online or improve their online operations.

2020  Other / Off-topic / Re: nootropics? on: August 31, 2011, 12:56:18 AM
I find it an interesting topic, but I'd like to see some good peer-reviewed studies on the effectiveness of some of these things, as well as the long term side effects.
It seems to me that many people just pop a variety of pills of varying dosages and experiment on themselves in a haphazard way.
While you'd think personal experience - ie 'what works for me' would be a good guide - I'm not so sure.  I know from my own experiments with diet that it's very hard to draw valid conclusions as there are so many variables.

The only things I take that are remotely nootropical are caffeine (tea,coffee,chocolate) and nicotine.  I don't smoke - I just occasionally take a nicotine tablet (supposedly to help quitters -lol) as a mild mental pep up and general stress reliever.

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