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6/16/2011 3:35:14 PM EDT
http://thenextweb.com/industry/2011/06/15/close-to-us500k-stolen-in-first-major-bitcoin-theft/



"In the first Bitcoin theft of its size, a user has lost 25,000 BTC —
or nearly $487,749 at today’s market rates — to an unknown thief.




While
the Bitcoin community has always been quick to point out that it’s
harder to forge a Bitcoin than to forge a dollar, it’s quite easy to
take someone else’s Bitcoins: all you have to do is gain access to their
computer’s hard drive. Once you’re in, stealing Bitcoins is easier than
taking a wallet in the real world, and there’s no recourse for getting
them back."

6/16/2011 3:36:53 PM EDT
[#1]
Wutzza bitcoin?
6/16/2011 3:38:55 PM EDT
[#2]

6/16/2011 3:40:57 PM EDT
[#3]
Is that anything similar to "Lindens"?

6/16/2011 3:42:05 PM EDT
[#4]
Like Flooz but better.
6/16/2011 3:42:16 PM EDT
[#5]



Quoted:


Wutzza bitcoin?


I think its like a Curic.



 
6/16/2011 3:45:32 PM EDT
[#6]
I've always wondered how on earth it works. How do you get your money into and out of BitCoin? Is there a BitCoin mint? What about fiat currency or certificates?
6/16/2011 3:45:35 PM EDT
[#7]


It’s similar to the massive Pokemon card caper of 2006 where
600,000 virtual hit-points were successfully counterfeited and used to win a championship
match in some undisclosed basement belonging to someone’s undisclosed mom






 
6/16/2011 3:46:55 PM EDT
[#8]
Fucking owned.
6/16/2011 3:47:41 PM EDT
[#9]
Quoted:
Is that anything similar to "Lindens"?



I don't think so.  Apparently 25,000 Bitcoins is worth like half a million USD, but 25,000 Lindens is only like 100 bucks.
6/16/2011 3:48:33 PM EDT
[#10]
I have a recipe around here somewhere for a bitcoin explosion and bitcoin wrapped jalapenos.
6/16/2011 4:06:04 PM EDT
[#11]



Quoted:


Like Flooz but better.






Is this the fake money that Whoopi was pushing?





Wouldn't a pile of shit be better?  Not much of an case you have there.



 
6/16/2011 4:16:23 PM EDT
[#12]
Thats a new one to me I had no idea they existed.
6/16/2011 4:18:44 PM EDT
[#13]
Quoted:

Quoted:
Like Flooz but better.



Is this the fake money that Whoopi was pushing?


Wouldn't a pile of shit be better?  Not much of an case you have there.
 


I don't know what a floozie is, but it appears Bitcoin actually works.
6/16/2011 4:22:14 PM EDT
[#14]
I've looked into it. Am seriously thinking of bit coin mining.  You can google that to figure out how to make them.

I do see a bit coin bubble as the value has gone up way to fast. Paypal will give you cash for them too just FYI.
6/16/2011 4:23:33 PM EDT
[#15]
Quoted:
Wutzza bitcoin?


Digital Currency   BitCoin
6/16/2011 4:32:31 PM EDT
[#16]



Quoted:


Like Flooz but better.


Blast from the past.



 
6/16/2011 4:50:06 PM EDT
[#17]
How many other people misread the title and thought bacon had been stolen?
6/16/2011 4:51:25 PM EDT
[#18]
Quoted:
Wutzza bitcoin?


Something I have zero interest in.
6/16/2011 4:53:55 PM EDT
[#19]
Quoted:

Quoted:
Wutzza bitcoin?

I think its like a Curic.
 


No a Curic is a fecal weight measurement standard.
6/16/2011 4:54:13 PM EDT
[#20]
What can you buy with them?
6/16/2011 4:54:14 PM EDT
[#21]
Bitcoin is probably one of the biggest things happening in the world right now...that no one knows about.  
6/16/2011 4:57:05 PM EDT
[#22]
Quoted:
Bitcoin is probably one of the biggest things happening in the world right now...that no one knows about.  


I hate bitcoin. Too hard to get rich.

Posted Via AR15.Com Mobile
6/16/2011 4:59:52 PM EDT
[#23]
Quoted:
Bitcoin is probably one of the biggest things happening in the world right now...that no one knows about.  


I think I'm going to setup all my computers when I get home. I used to run Freenet, but got scared about what could be on there...
6/16/2011 5:48:53 PM EDT
[#24]
Quoted:
Quoted:

Quoted:
Wutzza bitcoin?

I think its like a Curic.
 


No a Curic is a fecal weight measurement standard.


POOP THREAD

IBTL
6/16/2011 5:59:21 PM EDT
[#25]
Quoted:
I've always wondered how on earth it works. How do you get your money into and out of BitCoin? Is there a BitCoin mint? What about fiat currency or certificates?


You sell them to people who want to buy them.

6/16/2011 6:12:40 PM EDT
[#26]
I have $2,400 in my bank account that used to be $80.  That says to me, Bitcoin is real.
6/17/2011 3:40:15 AM EDT
[#27]
Quoted:
I have $2,400 in my bank account that used to be $80.  That says to me, Bitcoin is real.


I have no idea what this means. You somehow profited 30X your original investment of nearly nothing?
6/17/2011 3:54:36 AM EDT
[#28]
LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie
6/17/2011 8:09:37 AM EDT
[#29]
Quoted:
Quoted:
I have $2,400 in my bank account that used to be $80.  That says to me, Bitcoin is real.


I have no idea what this means. You somehow profited 30X your original investment of nearly nothing?


Yes.  I bought in when they were under a buck, and sold at nearly $30.  I'm watching the markets daily and will get back in soon.
6/17/2011 8:10:29 AM EDT
[#30]
Quoted:
LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie


Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.
6/17/2011 8:52:56 AM EDT
[#31]
When I first saw the thread title, I thought it said "First Massive Bacon Theft".



I was ready to start popping the covers off of my PMAGs.
6/17/2011 9:03:50 AM EDT
[#32]
Beanie Babies.
6/17/2011 9:04:54 AM EDT
[#33]



Quoted:



Quoted:

I have $2,400 in my bank account that used to be $80.  That says to me, Bitcoin is real.




I have no idea what this means. You somehow profited 30X your original investment of nearly nothing?


If he made spendable money off of it, then it has real value huh?



 
6/17/2011 9:05:09 AM EDT
[#34]



Quoted:


Beanie Babies.


Maybe.



 
6/17/2011 9:07:25 AM EDT
[#35]
Next someone will be stealing tractors on Farmville.
6/17/2011 9:13:17 AM EDT
[#36]
Quoted:

Quoted:
Beanie Babies.

Maybe.
 


I have 10 bacon the pigs I will trade for 1 PMAG.  
6/17/2011 9:14:03 AM EDT
[#37]
I did a lot of looking into bitcoin before deciding it wasnt for me, for exactly the reason of the OP.  half a million?  motherfuckingOUCH

 
6/17/2011 9:16:33 AM EDT
[#38]



Quoted:



Quoted:

LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie




Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.


They never used cash when ordering over the 'net



http://www.rawstory.com/rs/2011/06/09/senators-call-for-crackdown-on-bitcoin-as-drug-traffickers-take-hold/



http://gawker.com/5808314/everyone-wants-bitcoins-after-learning-they-can-buy-drugs-with-them



Google Silk Road



 
6/17/2011 9:17:25 AM EDT
[#39]
Gasp, I'm shocked that anyone here knows what Lindens are!
6/17/2011 9:30:23 AM EDT
[#40]
So it looks like I can buy Blow with bitcoin , how about hookers?


Quoted:





Quoted:


Quoted:

LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie




Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.


They never used cash when ordering over the 'net



http://www.rawstory.com/rs/2011/06/09/senators-call-for-crackdown-on-bitcoin-as-drug-traffickers-take-hold/



http://gawker.com/5808314/everyone-wants-bitcoins-after-learning-they-can-buy-drugs-with-them



Google Silk Road

 






 
6/17/2011 9:35:27 AM EDT
[#41]
Quoted:
So it looks like I can buy Blow with bitcoin , how about hookers?
Quoted:

Quoted:
Quoted:
LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie


Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.

They never used cash when ordering over the 'net

http://www.rawstory.com/rs/2011/06/09/senators-call-for-crackdown-on-bitcoin-as-drug-traffickers-take-hold/

http://gawker.com/5808314/everyone-wants-bitcoins-after-learning-they-can-buy-drugs-with-them

Google Silk Road
 


 


Maybe in the Valley.
6/17/2011 9:39:05 AM EDT
[#42]



Quoted:



Quoted:

So it looks like I can buy Blow with bitcoin , how about hookers?


Quoted:




Quoted:


Quoted:

LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie




Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.


They never used cash when ordering over the 'net



http://www.rawstory.com/rs/2011/06/09/senators-call-for-crackdown-on-bitcoin-as-drug-traffickers-take-hold/



http://gawker.com/5808314/everyone-wants-bitcoins-after-learning-they-can-buy-drugs-with-them



Google Silk Road

 




 




Maybe in the Valley.


The shenandoah is a good 3 hour ride for me , not sure if I would drive that far just for hookers



 
6/17/2011 9:40:08 AM EDT
[#43]
Quoted:
Gasp, I'm shocked that anyone here knows what Lindens are!


I don't...but I'm considering selling the $300 in Bitcoins I've mined over the last few months now...
6/17/2011 12:47:44 PM EDT
[#44]
Quoted:

Quoted:
Quoted:
LOL, bitcoins are used by druggies to buy drugs, hope the victim was a druggie


Yeah, man.  Totally.  You got it right - druggies have *never* used US Dollars to buy drugs.

They never used cash when ordering over the 'net

http://www.rawstory.com/rs/2011/06/09/senators-call-for-crackdown-on-bitcoin-as-drug-traffickers-take-hold/

http://gawker.com/5808314/everyone-wants-bitcoins-after-learning-they-can-buy-drugs-with-them

Google Silk Road
 


I've been to Silk Road.  It's not just drugs, but a general black market - you can buy several types of illegal products there.  They're talking about adding a firearms category.

There is also a murder-for-hire site.  It operates similarly to Silk Road, with users having feedback to establish their legitimacy on that site.  Some "service providers" have 10 or more feedback at this point.  No, I will not share the address.

It's just a currency - only this one has the potential to change the world.  If you're interested in reading an essay on how, I suggest Assassination Politics.
6/17/2011 12:56:38 PM EDT
[#45]
Quoted:
Quoted:
Is that anything similar to "Lindens"?



I don't think so.  Apparently 25,000 Bitcoins is worth like half a million USD, but 25,000 Lindens is only like 100 bucks.


I'm impressed that you knew the current conversion rate for SLL to USD :P
6/17/2011 1:14:37 PM EDT
[#46]




Quoted:

How many other people misread the title and thought bacon had been stolen?




I did.
6/17/2011 2:57:52 PM EDT
[#47]
i would like to learn more about this....hmmm  its interdasting
6/18/2011 3:46:33 AM EDT
[#48]
Quoted:
Gasp, I'm shocked that anyone here knows what Lindens are!


Quoted:
Quoted:
Quoted:
Is that anything similar to "Lindens"?



I don't think so.  Apparently 25,000 Bitcoins is worth like half a million USD, but 25,000 Lindens is only like 100 bucks.


I'm impressed that you knew the current conversion rate for SLL to USD :P


I don't think either of you should be shocked or impressed.  I'm a dirty furry, so it's expected that I'd be wasting my time by running around on SL.  You two, however, might have some explaining to do.
6/18/2011 5:01:10 AM EDT
[#49]
Quoted:
Quoted:
Gasp, I'm shocked that anyone here knows what Lindens are!


I don't...but I'm considering selling the $300 in Bitcoins I've mined over the last few months now...


do tell how you set up for mining?
6/18/2011 5:30:24 AM EDT
[#50]
Quoted:
Quoted:
Quoted:
Gasp, I'm shocked that anyone here knows what Lindens are!


I don't...but I'm considering selling the $300 in Bitcoins I've mined over the last few months now...


do tell how you set up for mining?


An incrediably powerful computer running 24/7 to mine bitcoins.
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