Author Topic: Good article that details exactly why the bitcoin is a pyramid scheme  (Read 88594 times)

Junkenstein

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #270 on: June 23, 2014, 10:18:33 am »
Hmm

http://www.nasdaq.com/markets/ipos/company/avarus-inc-841122-65957

Quote
Status   Withdrawn (12/16/2010)

Super risky IPO for a product that has limited appeal to a niche audience at a premium price. Not really surprising that it didn't go ahead.

Who's this Howarth chap? Could he be the same Paul Howarth linked to:
http://www.graystone1.com/
http://investing.businessweek.com/research/stocks/people/person.asp?personId=36215974&ticker=FTER&previousCapId=34264356&previousTitle=The%20M%C3%A9zey%20Howarth%20Group%2C%20Inc
http://www.graystone1.com/projects/gorilla#

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In June 2011, the Company acquired the Gorilla Project. The purchase price for the property was $44,000 USD.  The project consists of 400 hectares (one hectares equals 2.47 acres) located in Loreto, Peru (Northern Peru).   

The Gorilla Project operation involves alluvial mining of gold from the deposits of sand and gravel usually left from modern or ancient stream beds.

American Mining firm with a strong presence in Peru. I'm having to assume up to no good here because it's an American mining firm in Peru.
Nine naked Men just walking down the road will cause a heap of trouble for all concerned.

Junkenstein

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #271 on: June 23, 2014, 10:39:24 am »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.
Nine naked Men just walking down the road will cause a heap of trouble for all concerned.

xXRon_Paul_42016Xxx(weed)

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #272 on: June 23, 2014, 09:58:07 pm »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.

Well I know how Im spending tonight.  :lulz:

Mesozoic Mister Nigel

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #273 on: June 23, 2014, 10:13:26 pm »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.

The Dark Enlightenment people are all basically role-playing trust fundies, aren't they?
“I’m guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk,” Charles Wick said. “It was very complicated.”


xXRon_Paul_42016Xxx(weed)

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #274 on: June 23, 2014, 10:15:12 pm »
First post in Dark Enlightenment thread:

Quote
Warning, this will exceed the intellectual capacity of most readers here. This is intended for the high IQ audience of Eric's blog.


Junkenstein

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #275 on: June 23, 2014, 10:23:02 pm »
Yeah, after that line I knew I'd need a couple of changes of pants to get through the first page, let alone the thread.
Nine naked Men just walking down the road will cause a heap of trouble for all concerned.

xXRon_Paul_42016Xxx(weed)

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #276 on: June 23, 2014, 10:27:04 pm »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.

The Dark Enlightenment people are all basically role-playing trust fundies, aren't they?

Its a bunch of libertarian who decided being a garden variety Ayn Rand sociopath wasnt edgy enough. Also skimming their manifesto about half of it is about the genetic inferiority of black people with mentions of "states rights" sprinkled in.

Cain

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #277 on: June 23, 2014, 10:36:20 pm »
Dark Enlightenment weenies are fun.

I will say this: many are surprisingly open to civil conversation, even with people they are obviously never going to convert to the "cause".  Which does make me wonder how much of their pompous posturing is a desperate plea for attention....

Mesozoic Mister Nigel

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #278 on: June 23, 2014, 11:57:17 pm »
First post in Dark Enlightenment thread:

Quote
Warning, this will exceed the intellectual capacity of most readers here. This is intended for the high IQ audience of Eric's blog.

 :lulz: :lulz: :lulz: :lulz:
“I’m guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk,” Charles Wick said. “It was very complicated.”


Mesozoic Mister Nigel

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #279 on: June 23, 2014, 11:57:49 pm »
Dark Enlightenment weenies are fun.

I will say this: many are surprisingly open to civil conversation, even with people they are obviously never going to convert to the "cause".  Which does make me wonder how much of their pompous posturing is a desperate plea for attention....

WON'T SOMEBODY TALK TO MEEEEEEE
“I’m guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk,” Charles Wick said. “It was very complicated.”


Cain

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #280 on: June 24, 2014, 12:08:24 am »
I know someone we could send over who is desperate for attention...

Mesozoic Mister Nigel

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #281 on: June 24, 2014, 01:36:05 am »
I know someone we could send over who is desperate for attention...

Ooooh... I'm sure they would LOVE her.
“I’m guessing it was January 2007, a meeting in Bethesda, we got a bag of bees and just started smashing them on the desk,” Charles Wick said. “It was very complicated.”


The Good Reverend Roger

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #282 on: June 24, 2014, 02:58:10 am »
I know someone we could send over who is desperate for attention...

Ooooh... I'm sure they would LOVE her.

FUCK THAT.

They need KITTY PARSONS.  Poetry is good for the soul.  :)
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 "Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

The Good Reverend Roger

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #283 on: June 24, 2014, 02:58:44 am »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.

The Dark Enlightenment people are all basically role-playing trust fundies, aren't they?

Its a bunch of libertarian who decided being a garden variety Ayn Rand sociopath wasnt edgy enough. Also skimming their manifesto about half of it is about the genetic inferiority of black people with mentions of "states rights" sprinkled in.

We had one here for a bit.  "Brother Nihil".
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

 "Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

xXRon_Paul_42016Xxx(weed)

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Re: Good article that details exactly why the bitcoin is a pyramid scheme
« Reply #284 on: June 24, 2014, 06:30:02 am »
I just ended up in a bitcoin forum and now I'm covered in shit and dumb.

If anyone wants a link to gawp at, hxxps://bitcointalk.org/index.php?board=34.0

Try "politics". Notice the "Dark enlightenment" thread. Prepare to extend jaw to tabletop.

The Dark Enlightenment people are all basically role-playing trust fundies, aren't they?

Its a bunch of libertarian who decided being a garden variety Ayn Rand sociopath wasnt edgy enough. Also skimming their manifesto about half of it is about the genetic inferiority of black people with mentions of "states rights" sprinkled in.

We had one here for a bit.  "Brother Nihil".

This is gold.

I pity Westerners who have never experienced Russia, land of the free, the straight, and the sexy!