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921  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: May 21, 2012, 12:40:49 AM

Quote
Not enough incentive

Contributors of 50 BTC or more will receive VIP invitations to an inaugural beach bash held on the island.  This will be a 3-5 day event combining partying and relaxation while sleeping under the stars and enjoying the warm weather and ocean breezes.

Wait, you're saying contributors get nothing unless they donate 50+ bitcoins and then they get an invitation to a party?
922  Economy / Securities / Re: [POTENTIAL] Real-Estate investment group? on: May 20, 2012, 06:21:15 PM
My brother is a real estate broker doing this very same thing (except for using BTC, of course) and I can tell you it isn't as easy as it seems. He had one renter who stopped paying rent and it took him months to fulfill all the requirements necessary to kick the guy out. Meanwhile, he was living there for free and my brother was still making mortgage payments with no income from that property.

Don't get me wrong, it can be profitable, but to stack the odds in your favor, you need:

  • A trustworthy and competent property manager. (My brother does this himself, saving that particular expense.)
  • Properties you can visit yourself. Even with a good property manager, it pays to be on hand when the inspector goes by, when repairs are being done, before and after renters move in, etc.
  • As much knowledge as possible about the neighborhood you're investing in. What's the crime rate like? What businesses are in the area? Schools? Any major developments planned in the area?

Those are just what I've gathered from listening to my brother over the years. I'll talk to him and see what else he recommends.
923  Bitcoin / Bitcoin Discussion / Re: Bitcoin Island on: May 20, 2012, 05:34:07 PM
Cruise ships are nice but they require a lot of manpower to run. After doing a cursory internet search, it looks like one would need a minimum of a Captain, Staff Captain, Chief / First Officer, Chief Radio Officer, Security Officer, Deckhand, Able Seaman, Safety Officer, Bosun / First Mate, Chief Engineer, Chief Electrician, Electrician, Motorman, and a Plumber.

Not to mention all the kitchen, housekeeping, and general maintenance staff. Who would pay their salaries?

Weather is also something to be considered. At least during a bad storm, no one has to worry about an island sinking.

No, I agree that an island would be the way to go but I also feel GLBSE is the way to finance it. That way Nefario can verify the identities of those in charge and it would be easier to pay back investors if it didn't work out. If someone draws up a sound business plan and shareholders are able to vote on developments and will own a proportionate piece of the project, I'd seriously consider investing.

Wirtland and Atlantium were interesting experiments in virtual countries, but they obviously don't have enough active citizens to make much headway in establishing a global presence. I'm pretty sure that if a handful of bitcoin community members put forth a serious effort at creating a new micronation with a bitcoin based economy, it could easily rival any existing example in a matter of days.

On the other hand, it might not be such a bad thing that this island is under Nicaraguan jurisdiction - maintaining a diplomatic relationship with one government is easier than fighting them all.
924  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 20, 2012, 03:47:59 AM
Current top five jackpots at Bitcoinduit:

5. Prize Round 8 - Jackpot is 5.80 BTC with a minimum entry of 1 BTC.

4. Eternal Round - Jackpot is 6.16 BTC with a minimum entry of 1 BTC.

3.  Wednesday Game 2 - Jackpot is 6.52 BTC with a minimum entry of 0.5 BTC.

2. TechnicalDifficulties - Jackpot is 9.09 BTC with a minimum entry of 1 BTC.

1. BIG MONEY J**** - Jackpot is 15.60 BTC with a minimum entry of 1 BTC.
925  Economy / Gambling / Re: Official New Bitcoinduit Round Thread on: May 20, 2012, 03:12:24 AM
Bitcoinduit promotional Round: SearchingForSatoshi

Minimum deposit: 0.25 BTC

ROI: 25%

Jackpot: 3 BTC

Win some bitcoins then go buy a shirt at SearchingForSatoshi.com!
926  Economy / Goods / Re: Shirts for BTC at SearchingForSatoshi.com! on: May 20, 2012, 03:07:54 AM
Bitcoinduit promotional Round: SearchingForSatoshi

Minimum deposit: 0.25 BTC

ROI: 25%

Jackpot: 3 BTC

Win some bitcoins then go buy a shirt!
927  Other / Off-topic / Re: The Mysterious Voynich Manuscript on: May 20, 2012, 02:53:51 AM
xkcd has a reasonably plausible explanation.
928  Economy / Goods / New Shirt at SearchingForSatoshi.com - The Search Engine! on: May 19, 2012, 04:34:17 AM
Tired of seeing the same old shirts at all the bitcoin accepting sites? Frustrated with online stores that have stuff you like but don't accept bitcoins yet? Ready to buy bitcoin themed apparel with bitcoins?

In response to your silent outcries, I've rebranded SearchingForSatoshi.com to fulfill your internet related apparel dreams.



I'll be adding new designs to the store at the rate of one per weekend for as long as possible. I've got quite a few in my back pocket and plenty of ideas for new ones so I imagine we'll be good for at least a few months.

Here's the first shirt image:

and here's how it looks on a person: http://www.searchingforsatoshi.com/imgs/slider-Bitcoin_wallet_shirt-mens.jpg

Shirts start at only 3 BTC each with FREE shipping within the US.
929  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 18, 2012, 04:43:07 AM
New top five jackpots at Bitcoinduit:

5. Prize Round 8 - Jackpot is 5.40 BTC with a minimum entry of 1 BTC.

4. Wednesday Game 2 - Jackpot is 5.45 BTC with a minimum entry of 0.5 BTC.

3.  Eternal Round - Jackpot is 5.94 BTC with a minimum entry of 1 BTC.

2. TechnicalDifficulties - Jackpot is 8.49 BTC with a minimum entry of 1 BTC.

1. BIG MONEY J**** - Jackpot is 15.40 BTC with a minimum entry of 1 BTC.
930  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 18, 2012, 03:04:05 AM
on the round zoutonged http://bitcoinduit.com/rounds/262 the next payout says .20 and the pot says .20. Shouldn't that bet be payed out?
The amount displayed is rounded off to 2 decimal places. I believe the amount in the pot is actually closer to 0.198.
931  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 17, 2012, 03:49:15 AM
Now back to our regularly scheduled thread.

New top five jackpots at Bitcoinduit:

5. Wednesday Game 2 - Jackpot is 4.95 BTC with a minimum entry of 0.5 BTC.

4. Prize Round 8 - Jackpot is 5.20 BTC with a minimum entry of 1 BTC.

3.  Eternal Round - Jackpot is 5.84 BTC with a minimum entry of 1 BTC.

2. TechnicalDifficulties - Jackpot is 7.20 BTC with a minimum entry of 1 BTC.

1. BIG MONEY J**** - Jackpot is 15.30 BTC with a minimum entry of 1 BTC.
932  Bitcoin / Press / Re: 2012-05-15 techdirt.com - FBI Explores The Implications Of Bitcoin on: May 16, 2012, 05:18:43 PM
Hah, they're using the transcripted version too!
Nice! Cheesy

Did you put your donation address at the bottom?  Wink
933  Other / Off-topic / Re: I'll Make You Cringe on: May 16, 2012, 02:40:44 AM
I'm sorry, I don't usually indulge in schadenfreude, but I am imagining you with red and tearing eyes, slouching through your front door, fumbling, stumbling, and mumbling to yourself, "...and I can't even rest yet because I got to see what new disaster's going on at the rackin', frackin' bitcointalk forum..."  Cheesy
934  Economy / Auctions / Re: Advertise on this forum - Round 33 on: May 15, 2012, 05:43:39 PM
6 @ 4 BTC each
935  Economy / Goods / Re: [Bounty] Update: 100BTC for 2 Working Crow Vending Machines on: May 15, 2012, 03:39:02 PM
I notice that Josh says a kit might be available soon: http://www.josh.is/crow-machine/#comment-1544
936  Economy / Goods / Re: [Bounty] Update: 100BTC for 2 Working Crow Vending Machines on: May 15, 2012, 02:23:11 PM
I still think a rooftop is the best location. Squirrels don't often climb buildings and from what I've seen, crows are pretty good at discouraging other birds away from a food source. Even if there are power lines or some other easy access for squirrels, a fence made of the proper materials would probably keep them out.
937  Bitcoin / Press / Re: 2012-05-14 betabeat.com FBI: That Bitcoin Report Was Authentic, But It ... on: May 14, 2012, 10:08:27 PM
There wasn't anything really "classified" about it so they probably aren't too concerned. The impression I got was if they found the person responsible the reprimand might go something like: "Hey, don't do that again, okay?"
938  Other / Off-topic / Automated Crime: Scripting Blackmail on: May 14, 2012, 07:28:50 PM
http://www.bigthink.com/future-crimes/automated-crime-scripting-blackmail

Quote
Increasingly innovative computer scripts are being created that automate entire criminal processes—processes that, in the past, used to require human intervention.  Don’t like your boss?  Threaten to tell his wife about the affair with his secretary unless he pays you to keep quiet.  The problem was that your boss knew it was you who was blackmailing him, opening the blackmailer to potential negative consequences.  Now, however, thanks to the miracle of technology, no need for a human being to become involved in such a dirty and murky affairs.  The entire process can be scripted and automated.

Surprisingly, no mention of Bitcoin in the article.
939  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 14, 2012, 07:17:35 PM

I do not know yet, I'm a little confused. Grin You tell me about it
> Quote from bitcoinduit.com/help:
"#3 If you guess incorrectly, but you are the last one in when the game expires, you win the jackpot."
--> I was the last one in, so I thought Tongue

Again, the site did not process your bitcoin properly so what you sent was not counted as a deposit toward the game. I'm sorry but I don't know how to be any clearer than that.



***CLIP***

There are several things you seem to be overlooking:

  • The 0.5 BTC you sent did not make it to the Round so was not counted as a "deposit" in the game.
  • How do you know you were the only person to send bitcoin to that Round only to have it disappear? Someone else may have also tried to deposit after you, which, according to your logic, would make them the rightful winner.
Correctly.
As I said before, I do not want your money.
Still, at the moment, I am the only person who can prove
 a deposit between 1kTt7jVHZ614g44LEjS1HtxHYpzE96Lkk deposit / round end  Wink
http://www.blockchain.info/address/115zjX3F5wFwB2jJEPSWdaz9M5PAgDRRNy


The jackpot for Round *No1*MEGAMASSIVE_POT has already been won and paid out. I'm sorry that the site provided you with an invalid payment address for your deposit but the fact of the matter is, you did not win this game.

940  Economy / Gambling / Re: Biggest Jackpots at Bitcoinduit on: May 14, 2012, 05:36:21 PM
Yeah, it's one of those unknown variables.  Smiley  At first I was a little upset that I lost some money in one of the games, but then, as pointed out, perhaps the game ending abruptly might have saved me money since I was debating sending another coin into the fray in hopes of keeping the game open. Smiley  Such is life. Smiley

I do not want my money back.

The point is that I do not understand.
If the site says "round is open, the round ends after one-two-three hours".

Now, I make a deposit.

Deposit does not appear anywhere ever. [except in the site owner's wallet]  Undecided

Then the round ends [without my deposit]. I lose my money, of course.

However, I am the last who deposited before the round ends!
Well, fair play, eh...?

Someone else might say to such a scam... Not me, because I am a nice person  Grin

You just had the bad luck of sending a deposit while the site wasn't working properly but before we noticed it. You attempted to make a deposit but the site ate it instead, which we take full responsibility for. As I mentioned, I'll be glad to refund you the 0.5 BTC.

There are several things you seem to be overlooking:

  • The 0.5 BTC you sent did not make it to the Round so was not counted as a "deposit" in the game.
  • How do you know you were the only person to send bitcoin to that Round only to have it disappear? Someone else may have also tried to deposit after you, which, according to your logic, would make them the rightful winner.
  • Then the round ends [without my deposit]. I lose my money, of course.
    All that was lost was your intended deposit. I hope you aren't claiming that the jackpot was yours before the Round ended.
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