Bitcoins

2 days til Snoopcoin
https://becausepool.com/dogg/

Smart move by the Japanese government. Establishes the legal norm and allows penalties for non-payment of the tax. Difficulty of enforcement is not the main issue imo.

sounds like this is just going to give them the ability to prosecute people

http://static.adzrk.net/Advertisers/5af77cf0094d4303bb308b955dd05992.jpg

http://www.pokernews.com/news/2013/12/bitcoin-guide-3-17102.htm
http://www.pokernews.com/news/2013/12/bitcoin-guide-2-17049.htm

anybody on ilx play poker with bitcoins? seems like the most reasonable way to use this stuff: as magical play money

on the other hand

Despite the collapse of the biggest Bitcoin exchange, Tokyo-based Mt. Gox, which cost its customers $500 million in cryptocurrency deposits, the U.K. authorities are about to endorse the virtual currency. Her Majesty's Revenue and Customs announced that it would not charge the 20 percent value-added tax on Bitcoin trades or even on traders' margins. This means the U.K. is prepared to treat Bitcoin as money in the framework of an EU law that exempts payments and transfers of "negotiable instruments" from tax. Thanks to the ruling, London may soon become the capital of the Bitcoin world and the decentralized currency may yet rebuild its reputation after the recent scandals.

looks like Poloniex (another BTC exchange) got hacked, it never ends

is that separate from the flexcoin exchange? that one was hit also

http://i62.tinypic.com/209ojzn.png

this UK thing still doesn't explain why anyone would actually want to use bitcoins

haha read iXcoin those as ilxcoin for a sec

http://coinmarketcap.com/

bitbugs remind me of the anti vaccination crowd, so fixated on a fear with a remote possibility of happening (autism/collapse of dollar) when their solution is much more likely to fuck them over (polio/pertussis/MMR/bitcoin exchange collpase and or theft)

though I guess that's true of a lot of human nature

So far it seems that Bitcoin offers unproven, speculative benefits for legitimate users and numerous, well-established advantages for hackers and criminals.

truth bomb:

Bitcoin, at the moment, is in a slump, with a community that has become its own parody … The Bitcoin masses, judging by their behavior on forums, have no actual interest in science, technology or even objective reality when it interferes with their market position. They believe that holding a Bitcoin somehow makes them an active participant in a bold new future, even as they passively get fleeced in the bolder current present.

cross posted from other thread:

http://nymag.com/daily/intelligencer/2014/03/doomsday-cult-of-bitcoin.html

"...Mt. Gox, a former Magic: The Gathering card exchange that morphed into Bitcoin’s largest trading floor..."

I did not know this.

mind was blown when i realized mt gox was an acronym for magic the gathering online xchange

I have no idea how realistic this is, but it's interesting to think about. Definitely there are lots of suggestive loose ends.

Peter R’s Theory on the Collapse of Mt. Gox
https://bitcointalk.org/index.php?topic=497289.0

I love how some "journalists" think it's actual "news" or "reporting" when they just recycle a bunch of old "doom & gloom" related Bitcoin stories and act as though their uneducated opinion actually counts for something. Bitcoin is about the future... and this reporter is living in the past. Why not report on any of the numerous good things Bitcoin is doing and actually make a contribution to society rather than dumbing it down. Just say'n... Although I have much more I'd like to say, I'll stop right there because it's obviously pointless with some people and I have better things to do than get in a "Comments" shouting match. If you're genuinely happy & satisfied with the way things are in this economy & have no hopes or ambition to change the future (or at least "report" on it)... then that's fine by me. I'll be sure to wave every once in awhile when I look back and see you in my rear view mirror....

kudos

I'll be sure to wave every once in awhile when I look back and see you in my rear view mirror....

Your like 30 and your spending you're time complaining about video games on a forum full of other 30 yr olds and sprinkled with the occasional gay teen. Guess what I'm gonna be doing when I'm 30. Let's just say first I'll get up out of a 5000$ bed in my waterside mansion on the east coast of japan, awoken by the light of the rising sun that glorious island is nicknamed after. I'll gently lift myself out of bed so as not to stir my beautiful eastern european pale skin dark hair small boobs wife and go to my huge walk in closet. I'll come back out moments later wearing a really expensive italian suit. Strolling down the corridor I come into a room with glass cases full of the trophies of my achievements. I proudly look at all of them and then move into the next room, it's the room with a wall-sized HD display and walls upon walls of DVDs, mostly Anime but with a few Western classics throuwn in there. Jealous yet? Next I move into the kitchen and have my servant make me a breakfast, its usually pancakes with chocolate chips and whipped cream, but today... lets go healthy. Just a few slices of apple, Servant. Thank you. How delicious. Now I'm strolling into the living room about to make for the door so I can go out and enjoy my day at Comiket, but in the corner there I see something. I walk over by the 5000 dollar gaming rig, its turned off for now but later tonight I'll be playing Prostitute Farm Online, max settings and DirectX12. I begin to turn and make for the door again but then i stop and look at the black monitor screen (no less than 40 inches, btw). I just laugh. And laugh and laugh. I'm laughing because the guy who was 30 when I was a 17 year old pathetic yix poster is still a yix poster, meanwhile, I'm living the literal dream. All because I shoot for the top. Deal with it, bitch. YCS.

"Your like 30 and your spending you're time complaining"

Hat trick!

Plz tell me that's a parody.

lol I was hoping the opposite, tell me thats for real!!!

mostly Anime but with a few Western classics throuwn in there. Jealous yet?

i stop and look at the black monitor screen (no less than 40 inches, btw).

It's brilliant either way.

Thank you. How delicious.

such a treat to see people discover this for the first time.

What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking dead, kiddo.

- Bob Marley

I'm looking forward to the collapse of Google Glass. I hope it's right out of "The Jerk."

I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces.

I am trained in gorilla warfare

gorilla warfare

gorilla

uh oh

http://newswatch.us/28-year-old-ceo-of-bitcoin-exchange-dead-after-possible-suicide/

Rupert Chappelle •12 hours ago
Ghaddafi farked with the bankers, Kennedy farked with the Bankers, Lincoln farked with the bankers, any questions?

18 △ ▽

flexcoin got caught sleepin in the turning lane
ganked

http://www.businessinsider.com/flexcoin-2014-3

anyone want to buy ILECOIN?

ile buy that for a dollar!

someone come up with 133 ways to make the number 752834756982734658723645 using multiplication

ILE buy that for a dollar

I fucked up a dadjoke :(

http://stream1.gifsoup.com/view6/2144703/i-learned-it-by-watching-you-o.gif

Dear Mr. Karpeles,

Perhaps you could upload a few videos to youtube and speak directly to us? Show off your cat, seems to be a big hit! I think you'd get a lot more credit for some regular communication. Keep it flowing, please.

If you are restricted from discussing anything, or specific topics, you could possibly indicate in a manner of morse code blinks. Just kidding, that would be too obvious. Just start out and say something like "I can only say this: MtGox is ...." and we will know.

Mark, I sincerely hope you can pull through and make MtGox successful, I know you've put a lot of time and work into it. You are well aware that your customers have grievances and I am one of them. If you can't at least restore our money, return our money, or generate some type of repayment scenario, then at the end of this I hope you give a big interview or AMA, something to give us a solid closure of how we lost all our hard earned money.

If repayment is not possible, please work your heart out to do something very positive that will benefit those who need it, in a measure greater than all of us who gave.

I'd like to finish with a quote from the following song:

"All gave some, some gave all" - Billy Ray Cyrus https://www.youtube.com/watch?v=ydWhRObVxrM&feature=kp

Sincerely,

Your Customer

Logged

“The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively”
― Bob Marley

http://mag.newsweek.com/2014/03/14/bitcoin-satoshi-nakamoto.html

satoshi nakamoto is... satoshi nakamoto

Feel mad at Newsweek for blowing up this dude's spot

yeah I think they should'a left him alone considering he clearly didn't want to be found. and obviously he's not interested in 'cashing out' at the moment. it kinda confirms what my impression was of this all along (that bitcoin was probably created as a 'proof of concept', not an actual workable currency)

still, the comments really reveal the mindset of the bitcoin community:

If something happens to him, the blood is on Leah Goodman's hands. It's too late now. What a sad day for journalism.

Is Newsweek going to provide 24/7 protection for this man, after you've just outed the name and address of a man potentially worth 1000 million dollars, who likely holds the private keys to his BTC in his home?

Newsweek is going to be responsible for this man's death. NewWeek, there are some things that should have been left private. This is one of them. I now have a strong, very very strong, hatred for Newsweek, and all of it's subsidiaries.

This guy has potentially hundred millions in "cash" in his house and you post photo & location? I hope you rot in jail if he gets killed.

Can we get photos of Leah, along with her address and photos of where she lives? I'm sure there are a lot of people just *dying* to talk to her.

Your speculative article on the person behind bitcoin was blatantly disrespectful, a breach of journalist integrity, and has placed this man and his family in potentially life-threatening danger.

Whether your theory is true or false, do you realize that you've turned this man--someone who clearly wanted his privacy to be respected--into a target with a billion-dollar bounty?

If this turns out badly, blood will be on the hands of yourself and Newsweek.

This article is criminal. That guy and his family are in danger now.

http://blog.mainstreethost.com/wp-content/uploads/2012/08/Dr.-Evil-One-Million-Dollars.png

Those guys are crazy. Fuck those dudes xp

lol can't believe newsweek doxed a guy who went under his OWN NAME

gimme a break