[CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers

[spiceminer15]

how is NYC going to do anything about a pool hosted in a different state

AFAIK, it seems Michael believes that it would spread from NY and I guess that's why he's looking at shutdown scenarios.

the only thing that guy can spread is hot air and bullshit

[MoreBloodWine]

how is NYC going to do anything about a pool hosted in a different state

AFAIK, it seems Michael believes that it would spread from NY and I guess that's why he's looking at shutdown scenarios.

the only thing that guy can spread is hot air and bullshit

Might want to reword that if your talking about a NY rep and not Michael lol

That's easily mis-understood.

Edit: When I said Michael, I meant the pools owner.

[eleuthria]

how is NYC going to do anything about a pool hosted in a different state

AFAIK, it seems Michael believes that it would spread from NY and I guess that's why he's looking at shutdown scenarios.

the only thing that guy can spread is hot air and bullshit

Might want to reword that if your talking about a NY rep and not Michael lol

That's easily mis-understood.

Edit: When I said Michael, I meant the pools owner.

You should probably just stick to calling me Eleuthria in order to avoid that confusion.  It even takes me a minute to realize it's referencing me (I have a strong disconnect between online and offline communication).

[MoreBloodWine]

how is NYC going to do anything about a pool hosted in a different state

AFAIK, it seems Michael believes that it would spread from NY and I guess that's why he's looking at shutdown scenarios.

the only thing that guy can spread is hot air and bullshit

Might want to reword that if your talking about a NY rep and not Michael lol

That's easily mis-understood.

Edit: When I said Michael, I meant the pools owner.

You should probably just stick to calling me Eleuthria in order to avoid that confusion.  It even takes me a minute to realize it's referencing me (I have a strong disconnect between online and offline communication).

The Mihcael things just easier because I find myself sayin the name in my head and just don't know how to pronounce your forum name.

[Billbags]

It's time to cheer up and keep mining. It's always the darkest just before the dawn. The pool has been doing fine lately(look at posts from 2011, they could barely keep the pool online) and I'm sure things will work out with this New York thing. This is a pool not a bank, so hopefully the final laws will be specifically for banks/exchanges.

[psahx]

The Mihcael things just easier because I find myself sayin the name in my head and just don't know how to pronounce your forum name.

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

[spiceminer15]

I was talking about Michael Bloomberg lol

[MoreBloodWine]

The Mihcael things just easier because I find myself sayin the name in my head and just don't know how to pronounce your forum name.

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

So I'll call him liberty from now on then lol

[psahx]

The Mihcael things just easier because I find myself sayin the name in my head and just don't know how to pronounce your forum name.

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

So I'll call him liberty from now on then lol

If he does not mind...

 

[MoreBloodWine]

The Mihcael things just easier because I find myself sayin the name in my head and just don't know how to pronounce your forum name.

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

So I'll call him liberty from now on then lol

If he does not mind...

 

It's a hell of a lot easier than some greek shit lol

[eleuthria]

It's time to cheer up and keep mining. It's always the darkest just before the dawn. The pool has been doing fine lately(look at posts from 2011, they could barely keep the pool online) and I'm sure things will work out with this New York thing. This is a pool not a bank, so hopefully the final laws will be specifically for banks/exchanges.

Bolded the part that I hope is how the regulation ends up.  It's clear by the way its written that the target business types are services that convert fiat/virtual currency and places that are being advertised as a way to store and spend virtual currencies with a third party.  That's exactly the type of business the NYDFS was designed to regulate.

I know most believe I'm over-reacting, but those who have gotten to know me over the last few years have probably picked up on the fact that I'm extremely conservative when it comes to business and finances, a stark contrast to the general Bitcoin public.  Given the choice of closing the pool down gracefully with everybody getting what they're owed, or leaving it online and risking everything I've earned to date due to a clearly overreaching regulatory body, I will take the approach that doesn't involve risk.  Not to mention everything owed to users, which would be at risk as well.

[-ck]

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

[eleuthria]

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!

[aztecminer]

It's time to cheer up and keep mining. It's always the darkest just before the dawn. The pool has been doing fine lately(look at posts from 2011, they could barely keep the pool online) and I'm sure things will work out with this New York thing. This is a pool not a bank, so hopefully the final laws will be specifically for banks/exchanges.

Bolded the part that I hope is how the regulation ends up.  It's clear by the way its written that the target business types are services that convert fiat/virtual currency and places that are being advertised as a way to store and spend virtual currencies with a third party.  That's exactly the type of business the NYDFS was designed to regulate.

I know most believe I'm over-reacting, but those who have gotten to know me over the last few years have probably picked up on the fact that I'm extremely conservative when it comes to business and finances, a stark contrast to the general Bitcoin public.  Given the choice of closing the pool down gracefully with everybody getting what they're owed, or leaving it online and risking everything I've earned to date due to a clearly overreaching regulatory body, I will take the approach that doesn't involve risk.  Not to mention everything owed to users, which would be at risk as well.

here is what happened when new york started telling everyone that if they had more than a weeks worth of food and supplies they could be considered criminals .... the state of arizona passed a new law a few weeks later: http://www.wnd.com/2014/04/no-help-coming-state-prepping-citizens-for-emp-attack/  .. in other words in arizona if we have more than a weeks worth of food and supplies then we are a more responsible citizen to be prepared for an emp attack which would be a time that the arizona govt admits they wouldn't be able to help everyone. just because new york does something doesnt mean the rest of the country is going to follow them.. actually is the opposite, new york is example of everything that is done wrong.

[faetos]

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!

Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well. I really hope things work out ok for the guild. It'd be a shame to see an institution like this get shuttered due to poorly written NY laws. Here in Texas we could care less what they do much less what the federal govt does or says

[Tripjammer]

Just move the pool out of New York...move it to Texas or Washington or Oregon. NY is just one state, they cant set the laws for crypto for the whole world. Only the people in NY will be screwed.

[Billbags]

He's already in another state. He's worried about other states including his following New York's actions. I think also New York could try to file on him for doing business with Miners from New York. He's seems to be a real good hearted guy and is worried about doing the right thing for people who mine on his pool and leave behind a good legacy of BTC Guild if he is forced to shut down.

[MoreBloodWine]

I'm kinda curious if the hash were losing has to do with all this NYC talk here.

9.3x PH as of this post.

[-ck]

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!

Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well.

Perhaps that helps explain why I used my real name on these forums rather than my regular IRC handle of "conman"... look around, there's enough competition for the real use of that title on bitcointalk...

[Sitarow]

The Greek word ἐλευθερία (pronunciation: [elefθeˈria]), commonly transliterated in English as eleutheria or phonetically spelled eleftheria, is an ancient and modern Greek term for, and personification of, liberty. http://en.wikipedia.org/wiki/Eleutheria

I made this mistake with his name myself 2 years ago and I thought he might be Greek. Look harder at his handle, you'll see it isn't eleutheria.

Oddly enough, the Eleuthria / Eleutheria connection is something I was completely unaware of until a few years ago when somebody asked me about it in #btcguild.  I don't think ckolivas was the first to ask, but it's possible.  The Eleuthria name was something I made up in high school.  I learned C & C++ programming basics by working on MUDs in middle school and high school.  Eleuthria was a name I came up with for one of the games.  For a swords & sorcery fantasy title, generally more vowels = better, and that's where "Eleuthria" came from.  Pronunciation being 'Eee-loo-three-uh' or 'El-oo-three-uh' (it's shifted over the years).

It wasn't my primary handle on the internet though, I'm not quite sure why I used it for Bitcoin.  Had I known I would end up making BTC Guild, I probably would've picked one that wasn't feminine!

Amazing how our handles all get about. Mine came from a bunch of drunken band members saying "fetus" over and over (no idea why) and when I had to pick a handle I misspelled it in all my genius and ended up with faetos. Oh well.

Perhaps that helps explain why I used my real name on these forums rather than my regular IRC handle of "conman"... look around, there's enough competition for the real use of that title on bitcointalk...

☺