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881
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Other / Off-topic / Re: Answer the question above with a question.
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on: November 17, 2014, 02:45:53 PM
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Is this thing still going???
i would assume so, based on the people replying each other on the quotes? How could we possibly stop, given that the Original Poster did not state any rule for that? Even if it was a rule it would be broken would it not? shouldn't we stop when he decide to lock topic? Do you honestly believe that the OP's capable of having this topic grow hair? Hard to say the OP might be afraid of hair. Do you think OP has short term memory loss?? That is a new one, are you saying that memory has something to do with hair? So will I forget how this thread started if I have my hair cut? No, but are you considering shaving your private parts? Sure, or don't you think I have the balls for that?  Are you shitting me ? Why would he do that? Why are we doing this?  Why souldn't we? Are you really sure? May someone please explain how can I remove this thread from my "show new replies to your posts" list? Yes how would you do what he asked? Search me? Would it be enough to stick some duct tape onto the computer screen, at the place where this thread usually shows up? |
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882
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 17, 2014, 02:49:57 AM
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Say, what was the determination of the allegation that SLok was deleting his posts from the butterfly forum last night? True or false?
Lose/lose for BFL, but it would be a tell of how badly spooked some people may be getting, if true.
Seconded. And, any updates on the emptying of the 1QAH address? (I gather that the FTC has been alerted about it, right?) Also, I am confused -- what connects the 17nyq address to CoinCandy.nl? |
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884
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 17, 2014, 12:59:53 AM
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How many time has the Bitcoin exchange rate retreated back down to the value of a previous peak after achieving a new one?
3 Which three times are you talking about? He may be referring to ancient history. More recently, the price peaked at 259 USD on April 10, 2013, and bottomed at 275 USD on October 5, 2014. Not quite, but pretty close... |
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885
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 16, 2014, 08:04:10 PM
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Pay attention fool, he links one Badpritt to another BadPriTT aka peter vd elzen based on nothing.
Wait, when was this "Peter van der Elzen" mentioned? |
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886
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 16, 2014, 07:56:36 PM
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The BadPriTT in the first poto (with weeds in the background) has a different hairline than the Steven vdE of the other photos. But that first picture could be many years old. Also the way that "BadPritt" is capitalized is different.
Pritt is a household brand in Europe, so the pun "Bad Pritt" seems to be fairly popular. But what are the chances of two guys in the Netherlands using the same "BadPritt" nickname, having about the same age and physical type, and being both born on a Friday 13? If they are not the same, that is quite a coincidence.
Anyway, even without the first picture, the chain of evidence from SLoK to Steven vdE seems strong enough. If the ID is wrong, it will be a weird chain of coincidences.
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887
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 16, 2014, 06:13:04 PM
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There should be a review process in place to ensure that probation officers are doing their job. I seriously doubt that Courtney Pierce did everything that she could, because it is clear that Sonny violated the terms of his probation.
Read my posts a few pages back. It was Courtney Pierce who filed the charges against Sonny for violating his parole, specifically by engaging in a business - BFL - that solicited advance payments, without telling her and contradicting the specific terms of his parole. If you are going down that lane, the BFL customers did not do their job either, by failing to check the precedents of the company's principals before sending them their money... |
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889
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 16, 2014, 04:17:34 PM
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Huobi troubles: http://www.reddit.com/r/Bitcoin/comments/2mdtxl/huobi_takes_1271000_usd_from_users_profits_during/On Friday Nov 14th, 2014, BitVC, a subsidiary of the Chinese exchange Huobi, announced its futures trading platform has lost more than 3200 BTC (about $1,271,000 USD) this past week, and forced the users who won money that week to spread the loss, taking away 46.1% of all users profits that week. [ ... ] Look how cuuute, just like big papa bank...  |
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893
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 16, 2014, 03:47:57 AM
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From an USPIS webpage about the 2011 conviction of James Ray Houston, Sonny Veisides, and others for the lottery scam: UNITED STATES POSTAL INSPECTION SERVICE News release - January 14, 2011 https://postalinspectors.uspis.gov/radDocs/PressRoom/nr110114.htmThe solicitation packet contained envelopes preaddressed to mail drops in the Netherlands, Ireland and other international locations under the control of the defendants. The defendants established numerous bank accounts in names which sounded similar to official lotteries like Shamrock Agency, World Expert, Old Amsterdam, and German Swiss.
Houston was the final defendant to answer to mail fraud charges related to the scheme in which over one million solicitations were allegedly sent offering increased chances of winning foreign and domestic lotteries.
* Dennis W. Emmett, 62, of Chatsworth, CA, was extradited out of Costa Rica in July 2008 and is currently serving a 51 month sentence after he pled to one count of mail fraud.
* Henry Walther, 66, of Pacific Palisades, a former attorney in Santa Monica, was arrested in May 2007. He was sentenced to two years prison, one year home confinement, followed by three years supervised release and fined $10,000.
* Sonny Chris Vleisides, 39, previously of Kansas City, MO was arrested in 2007 and held two years in Italy before he was extradited to the United States. Vleisides was sentenced to 14 months in prison followed by three years supervised release after pleading to one count of mail fraud.
* William Cloud, 61, was extradited out of Amsterdam in 2007. He pled guilty to one count each of mail fraud and conspiracy and was sentenced to one year in prison followed by two years supervised release. Perhaps "SLoK", whoever he is, was also involved with the lottery scam in the Netherlands? Could that help explain his role in the BFL affair? Should I use a triple layer of tinfoil? |
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894
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 16, 2014, 03:29:29 AM
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Just to clear up the matter of what Sonny's probation officer Courtney Pierce did about the BFL thing: here is an April 2014 Ars Technica article about Sonny's probation violation case http://arstechnica.com/tech-policy/2014/04/digging-for-answers-the-strong-smell-of-fraud-from-one-bitcoin-miner-maker/But on September 3, 2013, Vleisides’ probation officer, Courtney Pierce, filed a violation report with the Missouri federal judge handling his case (just over two months after Ars published our first articles about Butterfly Labs and its mining machines). In her memo to the judge, Pierce wrote that Vleisides was now an employee of and the dominant shareholder in BFL, a company which "advertises all of its technology for purchase through pre-order... Vleisides did not seek the express approval of the probation officer prior to engaging in a business that involves the solicitation of funds through pre-orders."
She continued: "The Probation Office has been notified by the US Postal Inspection Service that hundreds of complaints have been filed against BFL from individuals who have placed pre-orders for hardware from BFL. The seriousness of Vleisides' instant offense [the lottery scam], coupled with his current involvement in a somewhat similar business enterprise are cause for concern."
And that was before all that happened or was uncovered between April and September. |
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895
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: November 16, 2014, 02:21:50 AM
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Here's the [ formula ] I use:
Bmo = N x A
Bmo ~ total value bitcoin M0 (also called 'market cap')
N ~ total number of entities holding bitcoins
A ~ average Amount of value holding entities are willing to hold in btc
It appears likely that N is only going to keep increasing for the forseeable future (perhaps with exponential adoption rates at times).
A will stay around the same but also may increase as the confidence in holding value in btc becomes firmer.
You can let N to be any number of people, as long as it includes all people holding bitcoins in some time interval of interest and A is the average over that same set of people. So, let N be the number of all people who have held some bitcoin at any time since January. Then N is fixed. The Bmo of bitcoin has fallen 50% since January. Therefore A must have fallen by that much, too. So much for "A will stay around the same". The formula is problematic also because it does not take into account the dynamics of BTC investing. It seems that most of the extant bitcoins are held by "old" inactive investors, who are confident enough to hold them for a while longer, but were not confident enough to buy more coins over the last year. (If the price keeps falling and they eventually decide to sell at 100 $/BTC, their old bitcoins would still have been a great investment, but any bitcoins acquired over the last year would have been a terrible one.) So, the contribution to the A factor of those old investors does not depend on their confidence in bitcoin. Rather, the amount of BTC that they are willing to hold is constant, and the amount of value that they are wlling to hold in BTC varies according to the market price of BTC, as determined by the Chinese traders. In that case the value of A does not determine the market price, but is passively determined by it -- making the formula useless as a predictor of price. |
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896
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Economy / Speculation / Re: Automated posting
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on: November 15, 2014, 10:02:23 PM
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Well, even more recently Adam reported that he offered free bitcoins to some celebrity at a comics convention, but the guy declined. So bitcoin's price was below zero on that particular market, that particular day. |
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897
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 15, 2014, 09:57:38 PM
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IT's stated again. 15 pages left maybe 12.
He's deleting it sooo quickly!
325 Posts left!
Hopefully the BFL forum posts were included in the data seized by the FTC last September, right? Where are they hosted? Surely they were included in the Court's injunction to preserve all records etc., since the lawsuit includes charges of deceptive marketing techniques and false promises. Right? |
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898
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Other / Off-topic / Re: Answer the question above with a question.
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on: November 15, 2014, 09:36:50 PM
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Is this thing still going???
i would assume so, based on the people replying each other on the quotes? How could we possibly stop, given that the Original Poster did not state any rule for that? Even if it was a rule it would be broken would it not? shouldn't we stop when he decide to lock topic? Do you honestly believe that the OP's capable of having this topic grow hair? Hard to say the OP might be afraid of hair. Do you think OP has short term memory loss?? That is a new one, are you saying that memory has something to do with hair? |
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899
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Economy / Speculation / Re: Automated posting
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on: November 15, 2014, 09:19:17 PM
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Go home Chartbuddy, you're drunk. Not sure if people are joking... The plots may seem broken at first sight, but they are a consequence of large changes in the order book, at some distance from the spread. Months ago, the changes were usually small and usually close to the spread, so the plot usually looked like a fairly smooth valley. |
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900
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Bitcoin / Hardware / Re: BFL fucked us over again
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on: November 15, 2014, 09:11:21 PM
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He may be referring to the recent probation hearings for Sonny, when the judge said that there was a strong smell of scam but let Sonny go free with only a extension of his probation.
I'm referring to the judge in the ftc hearing recently, when he told ftc and bfl to settle a plan for continuity. Well, the FTC suit is a civil one, and that request seems to be a standard one in such processes. (MtGOX too was told by the bankruptcy judge, at first, to make a plan to make clients whole and continue operating. Shortly afterwards the judge found the submitted plan to be unreal, and thus ordered liquidation of the company. Yes, I know that the FTC suit is not a bankruptcy process, just pointing to a general example.) Fraud is a crime, and that would be a separate legal process, with the charges possibly being brought by other agencies. (Criminal charges have not been made yet in MtGOX case either; the police investigation is still going on, AFAIK. |
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