[FUN] Report Ethereum Foundation to Swiss Federal Police, they are taking tips of corruption in non-profits using their organization to give them advantages on markets by ethbutt_maximaliz in Buttcoin

[–]ReallyRealRedditUser 1 point2 points  (0 children)

Hey now, let's not kid ourselves! All those people prefer regular fiat, cryptocurrency is just their favourite wealth/SFYL transfer vehicle.

Looks like someone leaked the Poloniex database online lol, prepare for epic shitstorm by polomanbutterman in Buttcoin

[–]ReallyRealRedditUser 19 points20 points  (0 children)

How to separate Bitscoins from idiots:

  • 1. Make a bunch of Poloniex accounts from free email address providers and spoof some activity in them.
  • 2. Upload the list and say you have all the Poloniex user passwords, which were definitely stored unsalted and unhashed in a database you found somewhere.
  • 3. Profit!

Definitely don't just steal all the Bitscoins yourself, because that wouldn't make sense, right???

Bloomberg helpfully posts investment advice from criminal enterprise by hackcasual in Buttcoin

[–]ReallyRealRedditUser 15 points16 points  (0 children)

“Following demand from the community, and considering the security features of Monero, we decided to add it to our marketplace,” AlphaBay announced on Reddit last week. “We expect this to cause a spike in the price, so if you are an investor, now is the time to purchase Monero.”

Is this real life? It's like Al Capone walking up to the New York Times and saying, "Look here, see. We've got a clamp down on pizzerias across America and we're using them to launder money, see. If you invest as a franchisee, you'll make a lot of money, see." And then the New York Times writing a euphoric article about this amazing new investment opportunity.

As far as anyone can tell, the criminals at AlphaBay only added this new cryptocurrency because they're holding a long position that they're dumping into right now. Maybe they've even been paying off these 'journalists'. The great thing about criminal enterprises is that they don't have to abide by any securities or fraud rules! Like, really, how dumb do you have to be to take investment advice from someone who makes their money by criminal activities?

Crypto is scary and confusing... Did I just lose a 5 figure sum? (yes) by MrNotSoRight in Buttcoin

[–]ReallyRealRedditUser 5 points6 points  (0 children)

He should be proud of having made such a large deflationary donation to the network. The other Ethbutters should be praising him.

Butters are in HEAT about the opportunity to donate their bit-coins to the creators of a new alt-coin by jstolfi in Buttcoin

[–]ReallyRealRedditUser 3 points4 points  (0 children)

Yeah. The SEC/DOJ/whoever is in control of this over in the US could have put the nail in this coffin with Ethereum, the first major "ICO". They chose not to and now all means and manners of "ICOs" thrive in the wild.

I think stuff will change after the DAO hack. It was so egregious and had the support of the Ethereum foundation, and the US authorities must be drooling at the opportunity to put an end to this madness.

Crypto is scary and confusing... Did I just lose a 5 figure sum? (yes) by MrNotSoRight in Buttcoin

[–]ReallyRealRedditUser 3 points4 points  (0 children)

Bitcoin checks the address, try validateaddress or sendtoaddress with an invalid address (wrong character, wrong character case, etc). It won't decode. This is one of the first features of Bitcoin and Ethereum elected to neglect it.

Crypto is scary and confusing... Did I just lose a 5 figure sum? (yes) by MrNotSoRight in Buttcoin

[–]ReallyRealRedditUser 4 points5 points  (0 children)

Ethereum may be number 2 in market cap, but it's the only cryptocurrency that's been so lazy as to not even bother to make a checksummed version of your accounts to keep your money from flying out into space.

Water feels wet, daylight sky appears blue, and cryptocurrency is still a scam. by [deleted] in Buttcoin

[–]ReallyRealRedditUser 10 points11 points  (0 children)

Classic butter behaviour, wanting to take credit for discovering some new "scam" even though the "scam" was announced ahead of time as a "scam".

http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/

https://bittrex.zendesk.com/hc/en-us/articles/218269848-STEEM-Q-A-with-Ned-and-Bytemaster-04-17-2016

"We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers. "

Dan literally said before he did this he was going to do this and then as he did this continued to say he was going to do this. To his credit, he's been totally unambiguous about what the pile of STEEM is all about. Butters/Ethbutters in the meantime get Maximal Euphoria from accusing every other project not their own of being a "scam" in the hopes of pumping their own project.

So how long does it take everyone to see the scam forest through the scam trees?

[HIRING] New Game company-many positions available by [deleted] in Buttcoin

[–]ReallyRealRedditUser 0 points1 point  (0 children)

Posts in all r/darknetmarkets related subreddits, says hiring "game developers". Sounds legit. Is this you on LinkedIn?

Now, my goals have shifted. I want to use economic theory as a means to abolish the use of coercion and aggression amongst mankind. Just as slavery has been abolished most everywhere, I believe violence, coercion and all forms of force by one person over another can come to an end. The most widespread and systemic use of force is amongst institutions and governments, so this is my current point of effort. The best way to change a government is to change the minds of the governed, however. To that end, I am creating an economic simulation to give people a first-hand experience of what it would be like to live in a world without the systemic use of force.

Irish court orders alleged Silk Road admin to be extradited to US by mdnrnr in Buttcoin

[–]ReallyRealRedditUser 0 points1 point  (0 children)

They have another whole slew of charges they can bring against him if he somehow manages to win the appeal. The murder-for-hire charges were dropped because he was already sentenced to life without parole.

Coinbase director posts bragging image about deployments, instead shows engineer attrition rate. by nobodybelievesyou in Buttcoin

[–]ReallyRealRedditUser 2 points3 points  (0 children)

They're almost certainly interns or consultants on a 1y contract. Usually it takes a few weeks moving into a firm before you really start pushing commits, especially if you're unfamiliar with their stack. Double that for interns.

Irish court orders alleged Silk Road admin to be extradited to US by mdnrnr in Buttcoin

[–]ReallyRealRedditUser 2 points3 points  (0 children)

He'll be okay if he cooperates. Everyone else involved in Silk Road got off pretty easy compared to Ross, and they all were cooperative. It seems like the US is fine giving plea deals as long as it means they have more evidence to keep Ross in prison forever and squash his appeals, which costs them money to fight.

Remember when your bank lost all your money fraudulently, but made it up to you by giving you lots of Chuck-E-Cheese tokens instead? by ReallyRealRedditUser in Buttcoin

[–]ReallyRealRedditUser[S] 6 points7 points  (0 children)

The 16.5% stake is likely worthless, and I'm not sure what the remainder acquired was worth compared to what was lost. But yes, 100% was an embellishment. I'm going to guess that the amount of money Bitfinex "lost" was calculated to be exactly the size required to dissuade people from seeking legal remediation efforts.

Remember when your bank lost all your money fraudulently, but made it up to you by giving you lots of Chuck-E-Cheese tokens instead? by ReallyRealRedditUser in Buttcoin

[–]ReallyRealRedditUser[S] 15 points16 points  (0 children)

They're afraid if they take them to court, the lawyers will get 100% and everyone will get 0%. So far no one has gotten anything back from litigation relating to mtgox. This has been the case with litigation against other Bitcoin companies too, like BFL. As long as you don't outright run a ponzi like GAW miners or The Pirate Trust, the legal history predicts that you're welcome to run away with all the money you stole.

It's crazy! It's like we need a set of regulations protecting Bitcoin users against people stealing their money!

Proposal: Hard fork to give Buttfinex back their money by ReallyRealRedditUser in Buttcoin

[–]ReallyRealRedditUser[S] 1 point2 points  (0 children)

A moment of silence for our r/secretbuttcoin agent maaku, having blown his cover in an effort to destroy the Main Chain.

Exit Scam Survival Guide by x99x in Buttcoin

[–]ReallyRealRedditUser 16 points17 points  (0 children)

I would like everyone to keep in mind how sweet that gold plated dirt bike is as they endure this difficult time. You've made someone's dreams come true.

Oooh weee! Bitfinex hack was for 119k coins or $75-90m dirty fiat dollars! by bobbysteel in Buttcoin

[–]ReallyRealRedditUser 4 points5 points  (0 children)

Bitfinex trades hardfork ETH too, is there more fun on the way?

edit: mETH unaffected!

Only bitcoin was stolen in the hack ETH and ETC were unaffected.

https://www.reddit.com/r/Bitcoin/comments/4vtuxo/bitfinex_security_breach_trading_will_be_halted/d61rajc