Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Coin
Explanation

[Ask Ken About Love]

what happened to AsicMiner?

friedcat is finally fried?

lel

http://i58.tinypic.com/dmup9d.png

Sorry you missed all the drama--NeoBee caliber shit!  
AMHash, Mongolian pirates, Chinese sausage factories, kidnappings, desperate, grieving families...  Fun tiems!

[D05GTO]

The new and unimproved NLC alt Sporket.  Break out the ignore button again fellas.   Same false fantasy claims over and over and over again.

[tarmi]

what happened to AsicMiner?

friedcat is finally fried?

lel

Sorry you missed all the drama--NeoBee caliber shit!  
AMHash, Mongolian pirates, Chinese sausage factories, kidnappings, desperate, grieving families...  Fun tiems!

fuck bitcoin price I am heading to securities asap.

[Ask Ken About Love]

...Same false fantasy claims over and over and over again.

wat

[lightfoot]

what happened to AsicMiner?

Standard exit fraud. Cue violins.

One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.

Now, when you play multiple games with the same players, the best option is tit for tat, highly cooperative. But if there is an end limit to the games then defecting on the last round is the dominant strategy. And if you defect on the last round, why not the next to last? And so forth...

Which brings you back to the classic equilibrium of "fuck everyone" as the dominant strategy. FC and Asicminer (and just about every other mining company, cloud mining company and "investment bullshit" system) are just following a strategy.

Which sucks donkey cocks. This is a problem IMO.

[aztecminer]

http://cointelegraph.com/news/113850/us-presidential-order-allows-the-state-to-confiscate-crypto-holdings-without-prior-notice

hard to confiscate something if ya don't give them your key. doubtful that executive order is constitutional.  #abusivehightaxes #obama-schemecare-irs-moneygrab #actsofdesperation

[aminorex]

But how would you suggest that society should arrange itself?

Looser briefs?

[tarmi]

what happened to AsicMiner?

Standard exit fraud. Cue violins.

One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.

Now, when you play multiple games with the same players, the best option is tit for tat, highly cooperative. But if there is an end limit to the games then defecting on the last round is the dominant strategy. And if you defect on the last round, why not the next to last? And so forth...

Which brings you back to the classic equilibrium of "fuck everyone" as the dominant strategy. FC and Asicminer (and just about every other mining company, cloud mining company and "investment bullshit" system) are just following a strategy.

Which sucks donkey cocks. This is a problem IMO.

yes it will lead to further centralization.

the most profitable path so far in mining industry >

make an announcement - > collect preorders - > self mine the network - > ship - > cloud mining - > exit (fraud or not)

[tarmi]

http://cointelegraph.com/news/113850/us-presidential-order-allows-the-state-to-confiscate-crypto-holdings-without-prior-notice

hard to confiscate something if ya don't give them your key. doubtful that executive order is constitutional.  #abusivehightaxes #obama-schemecare-irs-moneygrab #actsofdesperation

they will make you give them the keys. you will go to jail for a looong time buddy if you dont!

or they will just take your laptop just like they did with Ross.

[sporket]

...
One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.
...

Bingo.

[Anotherthing]

... doubtful that executive order is constitutional.  #abusivehightaxes #obama-schemecare-irs-moneygrab #actsofdesperation

#bitcoinchildporn #bitcointerrorism  

http://s24.postimg.org/926y9ylol/obama.gif

[lightfoot]

they will make you give them the keys. you will go to jail for a looong time buddy if you dont!

Torture. It's much easier and quite legal these days.

Solution: Use torture-resistant encryption.

[Torque]

what happened to AsicMiner?

Standard exit fraud. Cue violins.

One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.

Now, when you play multiple games with the same players, the best option is tit for tat, highly cooperative. But if there is an end limit to the games then defecting on the last round is the dominant strategy. And if you defect on the last round, why not the next to last? And so forth...

Which brings you back to the classic equilibrium of "fuck everyone" as the dominant strategy. FC and Asicminer (and just about every other mining company, cloud mining company and "investment bullshit" system) are just following a strategy.

Which sucks donkey cocks. This is a problem IMO.

No the problem is that people keep falling for theses scams, over and over again.  Stop falling for them, and they die in their crib and go away.

Are people into cryptocurrencies really this gullible?  They laugh at Grandpa and Granny falling for the pink sheet phone scams, and yet they fall for the same thing, just in a different way.  And crypto enthusiasts are supposed to be younger, smarter, and wiser than Gramps.

Yeah, more like young, stupid, and naïve.

[lightfoot]

...
One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.
...

Bingo.

Now for the big question: Is it possible to put that sort of community *into* your money/coin?

[ChartBuddy]

Coin
Explanation

[sporket]

...
One of the funny things about combination game theory is that in a 2 person prisoner dilemma playing a single game the dominant strategy is to fuck each other over. This is why people form communities, to keep from getting fucked over.
...

Bingo.

Now for the big question: Is it possible to put that sort of community *into* your money/coin?

Maybe, though the appeal of crypto to most users is the very thing which makes it so great for scamming--anonymity.  Anonymity is just not very conducive to community-building, almost by definition. Blend in a few sociopathic liber notion like "greed is good"?   You get ...pretty much what we have now.

I admit, a pretty touchy-feely argument, along the lines of "social norms, from table manners to religiosity to hierarchical social constructs, resulted from millennia of evolution, and contribute to community-building in weird, less-than-obvious ways."

[aztecminer]

http://cointelegraph.com/news/113850/us-presidential-order-allows-the-state-to-confiscate-crypto-holdings-without-prior-notice

read the whole doc here:


https://www.whitehouse.gov/the-press-office/2015/04/01/executive-order-blocking-property-certain-persons-engaging-significant-m

"
(i) any person determined by the Secretary of the Treasury, in consultation with the Attorney General and the Secretary of State, to be responsible for or complicit in, or to have engaged in, directly or indirectly, cyber-enabled activities originating from, or directed by persons located, in whole or in substantial part, outside the United States that are reasonably likely to result in, or have materially contributed to, a significant threat to the national security, foreign policy, or economic health or financial stability of the United States and that have the purpose or effect of:"


you receive coins from china - we will take them from you!

because financial stability!

you donate to snowden your coins are bye bye!

 

""No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."" https://www.law.cornell.edu/wex/fifth_amendment

does not sound constitutional at all. #obamadictatorship #dictatorshipintheusa

[ErisDiscordia]

rome wasn't built in a day.

but it was destroyed in a few hours.

get your history facts straight, teddy bear

http://en.wikipedia.org/wiki/Sack_of_Rome_%28410%29

[aztecminer]

lel

all those people/addresses donating to snowden are so fucked!

another round of auctions coming up!

the us govy stealing from everyone is more #abusivehightaxes #obama-scheme-care-irs-moneygrab #actsofdesperation #failingempire #tenagra