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Today, someone made a thread titled, "When are you going to cash out?" This is helpful for us because it allows us to see which bitcoiners are just kind of insane and which ones have no sanity left at all.waspoza posted:I'm not planning to cash out. I hope in few years we could buy most things for bitcoin. Fiat burns holes in my pockets. Walter Rothbard posted:That would be my hope. I hope society cashes out of fiat, and that's that. SgtSpike posted:I plan to sell in steps as the price rises, I just haven't quite figured out what those steps should be. evoorhees posted:I already cashed out. I got out of USD and now have real money. That's kind of expected from Erik; I've never seen such a willfully blind zealot for anything. Anyway, RodeoX posted:Cash out? I am never going to convert my bitcoins into dollars. I will only spend them as bitcoins for goods and services. SaintFlow posted:HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAAAAAAAAAA humanitee posted:Define greed? I'm holding BTC because fiat is trash and I've already missed the PM train. I won't sell it because I'm my own bank now. It's almost like I'm using Bitcoin the way it was designed to be used. This one's just  :Gabi posted:Converting btc with fiat is hard, that's true and is exactly why we need BTC, because it will finally allow us to buy something in an easy way. If buying or selling BTC was easy, then well, we would not even need it! I look at people saying things like this and it makes me sad because soon most of these people will get divorced or commit suicide or both. All because they don't understand how anything works but think they know how everything works. But, you know, there's only so many times you can warn someone that they're headed into trouble. 
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| # ? Feb 8, 2013 05:22 |
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| # ? Feb 9, 2013 08:37 |
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In other news, Josh somehow found the time tonight to troll the various Avalon threads on bitcointalk... but it looks like the mods have deleted his posts. At least they're not being hypocritical about it.
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| # ? Feb 8, 2013 05:37 |
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Muscle Tracer posted:This may be naively optimistic of me, but does the bitcoin hashing process perform redundant work? Like, if I hash 1311654ads3fa24sdf354awerf321, is someone else going to hash that again, or does it actually keep a master list of hashed values somewhere?
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| # ? Feb 8, 2013 05:40 |
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Godholio posted:Since there's nobody left from the Third Reich or any of the governmental mess of the interwar years, I guess it's Georg Friedrich, Prince of Prussia and head of the House of Hohenzollern through his grandfather Wilhelm II. Nope, they appoint themselves. There are several komissarische Reichsregierungen with various self appointed chancelors, judges, ministers etc. A few weeks ago one of their "police help groups" arrested a real bailif somewhere in east germany. They annoy courts, embassies, the UN, EU, and whatever organization they can think of usually with insane letters and demands. It's a real interesting thing and probabyl well worth it's own thread. There are several factions of those guys in germany. 1. the "the german reich still exist" groups (komissarische reichsregierungen) quote:Wolfgang Ebel's original organization, in particular, continues to attempt enforcing its asserted authority through attempts at intimidation. According to Ebel, his "government" has issued more than 1,000 "arrest warrants" against people who have disregarded documents issued by the KRR. These warrants inform the addressee that, once the Reich Government is in power, they will be tried for high treason, for which the penalty is death. Ebel has also admitted owning a "government helicopter" painted in the national colours, but has denied using it for intimidating fly-overs. Multiple attempts to prosecute Ebel for threats, impersonating a public servant and so forth have failed because, according to German prosecutors, all courts have found him to be legally insane. 2. the free people movement (staatliche selbstverwaltung) 3. the your laws are technically void groups (geltungsbereich in gesetzen nicht angegeben) 4. the "lets just live in our own state" group (germaniten) and several others retarded schemes that are usually variations of the above. I work at a german court and had to deal with number 2 and 3 a few times. I usually ignore their retarded letters. In my experience once I freeze their bank accounts or have them arrested, they usually regain their sanity somewhat. elwood fucked around with this message at Feb 8, 2013 around 06:19 |
| # ? Feb 8, 2013 06:16 |
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Greyhawk posted:We have these people in Germany now too. A subset of them are even using US law to argue their point. A Canadian judge from the Alberta Court of Queen's Bench wrote a delicious takedown of these people and their and argument. He came up with a term for their activity, too: Organized Pseudolegal Commercial Argument, and wrote his takedown specifically to be cited by other courts in Canada in throwing out OPCA litigants. It might even be citable in other Commonwealth countries, not sure how that works. Imagine if a real economist like, say, Brad DeLong or Paul Krugman wrote a scathing rebuttal of Bitcoins and Bitcoin supporters, covering the entire industry from the first 10,000 BTC pizza to BFL's mythical ASIC miners. That's basically what this judge has done for the Freeman on the Land crew. The Alberta judge also saw lots of people in Canadian courts arguing from US law, mostly because that's where these crazies originated and that's what all the systems they sell are "tailored" for. But Canadian crazies were making them their own. I expect Germany will have the same situation: The first few don't even realize they're arguing US, not German, law. Subsequent crazies try to twist things around ("The War never ended!") to fit their desired magic.
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| # ? Feb 8, 2013 06:39 |
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German judges like to keep it short:quote:Die Ausf�hrungen des 1960 geborenen Schuldners �ber die Grundlagen der gegenw�rtigen staatlichen Ordnung in Deutschland und �ber seinen pers�nlichen Rechtsstatus sind abwegig. Eine deutsche Reichsverfassung vom 19. Januar 1996, eine kommissarische Reichsregierung oder ein kommissarisches Reichsgericht existieren ebenso wenig, wie die Erde eine Scheibe ist.
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| # ? Feb 8, 2013 06:47 |
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Decided to hit recent threads on bitcointalk. Not surprised.
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| # ? Feb 8, 2013 07:02 |
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Greyhawk posted:We have these people in Germany now too. A subset of them are even using US law to argue their point. Why US law? They are arguing WW2 somehow formally never ended and the Federal Republic is an illegitimate pseudo-construct ruled by a fraudulent government without powers. In their "reality" we are part of and administered by the US as an occupied zone, a spoil of war if you will. Some also take the whole "corporation" line and declare the whole Republic as a corporation under US law, using the "business entity" meaning of corporation. "Oh, yeah, Federal Republic of Germany. That's just some dumb company. How dare they tell me what to do?" And here I thought we had the dumbest citizens. Germany you couldn't let us have this one thing could you. 
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| # ? Feb 8, 2013 07:05 |
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elwood posted:German judges like to keep it short: My German isn't really up to reading legal documents but unless I'm really messing things up, did the judge say it was just as crazy as thinking the Earth was flat? Because if so that does seem short and to the point, unless of course the person in question also asserted the world was flat.
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| # ? Feb 8, 2013 07:14 |
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Prism posted:My German isn't really up to reading legal documents but unless I'm really messing things up, did the judge say it was just as crazy as thinking the Earth was flat? A german constitution from Jan. 19th, 1996, a provisional german government or a provisional german supreme court do no more exist than a flat earth.
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| # ? Feb 8, 2013 07:40 |
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elwood posted:A german constitution from Jan. 19th, 1996, a provisional german government or a provisional german supreme court do no more exist than a flat earth. The Flat Earth Society might have something to say about that!
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| # ? Feb 8, 2013 10:31 |
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Can you do this with filthy fiat? 
Mircea Popescu fucked around with this message at Feb 8, 2013 around 12:42 |
| # ? Feb 8, 2013 12:16 |
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Mircea Popescu posted:Can you do this with filthy fiat? Hah, that is good. Can't check post history on mobile, are you really MP?
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| # ? Feb 8, 2013 12:26 |
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You might wanna that.
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| # ? Feb 8, 2013 12:27 |
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Mircea Popescu posted:Can you do this with filthy fiat? How about a quick shout-out on your blog, so we know it's you.
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| # ? Feb 8, 2013 12:47 |
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Local Resident posted:How about a quick shout-out on your blog, so we know it's you. Your clueless admin already killed the thread where that might have happened.
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| # ? Feb 8, 2013 12:59 |
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Mircea Popescu posted:Your clueless admin already killed the thread where that might have happened. hahaha you actually posted an Ask thread about yourself, that's great.
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| # ? Feb 8, 2013 13:08 |
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Currently: 3,887 registered users logged in. 173,151 users total. 3,156,195 total threads. 138,191,850 total posts. And you thought some guy making a new thread in GBS saying "Hi there!" would go down well? Most goons have no idea what Buttcoins are. With 173k goons, we're not quite the echo chamber you might think. You wanna talk Buttcoin, keep it in the Buttcoin thread or you probably won't like the consequences. In the mean time, here are the SA Forums Rules. I highly suggest you sit down and read them before even touching the keyboard again. Yes, yes, I know it's not really him... but I figured, just in case... Captain, our sensors detect high amounts of  in post below!
autoaim.cfg fucked around with this message at Feb 8, 2013 around 14:18 |
| # ? Feb 8, 2013 13:16 |
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autoaim.cfg posted:Currently: You thought that if it really were him he'd be really impressed with 3000 logged in users or something like that? Makes sense. Here's a thought: let's go read the "rules" of yet another non-echo chamber interwebs forum, because they are very billionty important and also millions of threads!!! You should start your own alt chain, you've got what it takes. (Make sure it has rules, people in general deeply care, I've noticed.)
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| # ? Feb 8, 2013 13:53 |
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Well that got old before it could even begin.
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| # ? Feb 8, 2013 14:28 |
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Mircea Popescu posted:You thought that if it really were him he'd be really impressed with 3000 logged in users or something like that? Makes sense. Here's a thought: let's go read the "rules" of yet another non-echo chamber interwebs forum, because they are very billionty important and also millions of threads!!! Seriously, sorry about your brain damage, don't forget to take your meds! Take care 
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| # ? Feb 8, 2013 14:32 |
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hahaha it's better than I remembered: quote:I THINK YOU SHOULD CALL ME URGENTLY! I miss Bruce.  edit: quote:(6) "Bitcoins have had volatile ups and downs but never a full crash." // VERY MISLEADING. Bitcoin value has gone UP form $0.06 to about $20 today. That is UP UP UP. No crash at all. theflyingorc fucked around with this message at Feb 8, 2013 around 14:48 |
| # ? Feb 8, 2013 14:45 |
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How far we've come since those days! That meze grill poo poo was before so much bitcon drama, only a mind as delusional as a bitcoiner could have forecast even half of what has happened to that community between then and now.
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| # ? Feb 8, 2013 14:58 |
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I just realized I am kind of confused why Bitcoiners hate the dollar/"fiat" money in the first place. The only thing I can come up with is inflation? I understand in some ways why they would see inflation as bad; it's a major reason back in the 50s that a single income could support an entire family; mom staying at home with 3+ kids, while working a regular blue collar job. I understand why they're pissed because today, a man and wife both working can barely support 2 kids. But isn't that more to due with the -~Free Market~- causing wages to not match inflation, and not very much to do with inflation at all? Seeing them support unions and wage increases is a pipe dream but surely they can't think the cost of living is ridiculous now is just because ~fiat dollars~, can they?
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| # ? Feb 8, 2013 14:59 |
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Milky_Sauce posted:Seeing them support unions and wage increases is a pipe dream but surely they can't think the cost of living is ridiculous now is just because ~fiat dollars~, can they? Depends on which bitcoiners we're talking about. There's quite a few who think that inflation means the Federal Reserve can just say "oh hey, gonna print another forty billion dollars today and devalue the poo poo out of everyone's bank accounts", so you're overthinking it probably. Edit: haha, I know we moved past Freemen on the Land but I mentioned it to a mate, who linked me to a case that happened here in Ireland a couple of years ago. I think it's behind a paywall so I'll just quote the last part: quote:http://www.irishtimes.com/newspaper/ireland/2011/0811/1224302232246.html Dex fucked around with this message at Feb 8, 2013 around 15:10 |
| # ? Feb 8, 2013 15:02 |
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Milky_Sauce posted:I just realized I am kind of confused why Bitcoiners hate the dollar/"fiat" money in the first place. Group 1 is Ron Paul style goldbugs with the gold replaced with math, or FYGM people who think they can cheat the tax system by using something that is only money when they say it is. Group 2 is people who hate or distrust the banks and big business because of how they have hosed people over, and have chosen to stake a claim in something that claims to avoid the problem of banks and top down domination, and just don't see that it's a pretty bad way of going about that. Group 3 is people who want something like cash to send online to sellers that don't accept most electronic payments (drugs), like UKash in the UK or MintChip in Canada, and don't really give a drat about fiat or decentralized mining.
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| # ? Feb 8, 2013 15:10 |
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In the recent soccer match fixing scandal in europe bitcoin came up too. In this interview with Declan Hill (in german) http://spielverlagerung.de/2013/02/...it-declan-hill/ it was stated that taking part in match fixing is as easy as burning an mp3 cd. To illustrate it further this screenshot was provided: 
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| # ? Feb 8, 2013 15:12 |
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People running a scheme like that wouldn't need outside investors. Seems to me that (if it's even an authentic screenshot) is much more likely to be some kind of money laundering scheme where they don't care about paying a premium.
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| # ? Feb 8, 2013 15:25 |
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Occam's razor would like to remind you that you can't con an honest John. If you deposit money you will see nothing back.
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| # ? Feb 8, 2013 15:30 |
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Milky_Sauce posted:I just realized I am kind of confused why Bitcoiners hate the dollar/"fiat" money in the first place. It generally comes down to them seeing inflation as a "hidden tax" or fears of hyper-inflation. In an inflationary environment, you can't just stick your money under a mattress because it will lose value. In order to really save, you have to invest, and that means involving yourself in the financial markets that Bitcoiners seem to hate. Take a look at how people who hate fiat save. You have the bitcoiners, who buy e-tokens and sit on them. You also have silverbugs and goldbugs that buy precious metals and throw them in a safe for years on end. A second point is that fiat money usually claims value on the "faith and credit" of a given government. Given how much libertarians hate government, its no surprise that they hate this idea as well.
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| # ? Feb 8, 2013 15:39 |
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Run it as a pyramid, offer to reduce your admin fee incrementally if they keep their bets plus winnings with you for the next game, use other people's principles to cover the winnings of those who wish to withdraw after one round. Build confidence, gain popularity, then split with everything. If I was a person of far looser morals and had a hell of a lot less to lose IRL than my current situation, I could see myself running this successfully right now on bitcointalk. Pocket fucked around with this message at Feb 8, 2013 around 15:51 |
| # ? Feb 8, 2013 15:43 |
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ryde posted:It generally comes down to them seeing inflation as a "hidden tax" or fears of hyper-inflation. In an inflationary environment, you can't just stick your money under a mattress because it will lose value. In order to really save, you have to invest, and that means involving yourself in the financial markets that Bitcoiners seem to hate. Take a look at how people who hate fiat save. You have the bitcoiners, who buy e-tokens and sit on them. You also have silverbugs and goldbugs that buy precious metals and throw them in a safe for years on end. It's also no surprise that the biggest advertisers, Ron Paul and Alex Jones etc, of gold are also heavily invested in it. The only thing the other goldbugs do is line the pockets of the shills.
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| # ? Feb 8, 2013 15:46 |
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Terminal Entropy posted:It's also no surprise that the biggest advertisers, Ron Paul and Alex Jones etc, of gold are also heavily invested in it. The only thing the other goldbugs do is line the pockets of the shills. Errr...I think both of those guys actually believe what they're saying. They might be crazy, but I don't think they're conmen.
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| # ? Feb 8, 2013 15:52 |
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quote:(3) "....and many of its uses have nothing to do with Silk Road." // BLATANTLY MISLEADING. 0.0000000001% of its use has anything to do with Silk Road. NO ONE I KNOW has ever used Silk Road. It's blatantly misleading to imply that ANYONE uses Bitcoin for such things. It's absolutely irresponsible reporting. Wait, is he really claiming that nobody anywhere has ever used Silk Road for drugs? Then why does the site exist? Is there just some sad person out there, sitting alone in a closet, hoping someone will buy his quote:I plan to sell in steps as the price rises, I just haven't quite figured out what those steps should be. This isn't really a bad idea. If I for some reason had bitcoins, I'd be doing roughly the same thing. Sure, it will never be the  CURRENCY OF THE FUTURE but never underestimate the depths of human stupidity.theflyingorc posted:1/6th of his arguments are burrito-related. The Bitcoin Megathread: 1/6 of our arguments are burrito-related
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| # ? Feb 8, 2013 15:56 |
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theflyingorc posted:Errr...I think both of those guys actually believe what they're saying. They might be crazy, but I don't think they're conmen. Ron Paul was quite the hypocrite as a congressman, I can't imagine him being much better in his financial matters. It's a long term pump and dump scheme.
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| # ? Feb 8, 2013 16:05 |
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Guavanaut posted:I'd guess there's three distinct groups with not much intersection. They think that a new system will allow them to flourish. Darkhold fucked around with this message at Feb 8, 2013 around 16:21 |
| # ? Feb 8, 2013 16:17 |
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elwood posted:
I kind of want a KRR-issued passport.
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| # ? Feb 8, 2013 16:20 |
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I've actually heard of Silk Road before, but I had no idea that they ONLY used bitcoin.
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| # ? Feb 8, 2013 16:26 |
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elwood posted:There are several factions of those guys in germany. You forgot to mention the royalists, by the way. You know, the guys who think that we never stopped being a Kaiserreich in a legal way and therefore the emperor is still the only legal authority.
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| # ? Feb 8, 2013 16:30 |
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| # ? Feb 9, 2013 08:37 |
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nomad2020 posted:Ron Paul was quite the hypocrite as a congressman, I can't imagine him being much better in his financial matters. It's a long term pump and dump scheme. Is he? Everything I've heard about the man was that he was insanely principled (but literally, because his principles are insane).
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| # ? Feb 8, 2013 16:42 |
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