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Thread: Bitcoins are officially donkdown

  1. #101
    Diamond Walter Sobchak's Avatar
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    Quote Originally Posted by manowar View Post
    Quote Originally Posted by Walter Sobchak View Post

    It's illegal for an American to own or operate a card game anywhere in the world even with a license. Micon is taking a huge risk.
    lol better let Jack Binion know. He ran a lot of card games at that joint he used to own. In other news, bitcoins are up about 10% since this thread was started to declare bitcoins donkdown.
    I should have clarified online card game. And in Nevada or other states where they allow it, it's ok, but you won't see them taking players from out of state.

    SOBCHAK SECURITY 213-799-7798

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  2. #102
    Plutonium simpdog's Avatar
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    Quote Originally Posted by Walter Sobchak View Post
    Quote Originally Posted by anonamoose View Post

    Yes.

    I will also leave your inability to remember passwords out for now.
    You're usually a smar poster but you are so completely wrong here. I can't believe I'm saying this but bottomfag is right.

    Bitcoins are a cash equivalent, like casino chips or bearer bonds. Zynga chips and Chucky Cheese tokens are. It cash equivalents because they are not freely convertible to cash even though they can be purchased. For American citizens, operating or owning or sharing in the profits of a gambling site (where people can potentially win cash or cash equivalents) is illegal EVEN if that site does not take US players and EVEN if the site is licensed in some other country. The only exception is owning 5% or less of a public company like 888. I was considering investing in a site but once I did my research I called off the dogs. Micon is living on borrowed time.
    At Chucky Cheese you win tickets which kids (or pedo's) can convert into items. Should we alert the doj?

  3. #103
    Diamond Walter Sobchak's Avatar
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    Quote Originally Posted by PLOL View Post
    Quote Originally Posted by Walter Sobchak View Post

    You're usually a smar poster but you are so completely wrong here. I can't believe I'm saying this but bottomfag is right.

    Bitcoins are a cash equivalent, like casino chips or bearer bonds. Zynga chips and Chucky Cheese tokens are. It cash equivalents because they are not freely convertible to cash even though they can be purchased. For American citizens, operating or owning or sharing in the profits of a gambling site (where people can potentially win cash or cash equivalents) is illegal EVEN if that site does not take US players and EVEN if the site is licensed in some other country. The only exception is owning 5% or less of a public company like 888. I was considering investing in a site but once I did my research I called off the dogs. Micon is living on borrowed time.
    Lol typing with thumbs on a mobile device is hard enough but this site runs like absolute shit on my phone. I can't go back to make sure I didn't make any dumb typos

    SOBCHAK SECURITY 213-799-7798

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  4. #104
    PFA Emeritus Crowe Diddly's Avatar
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    The crime is charging a rake. Nobody gives a fuck if the rake is in dollars, euros, bitcoins, or orange futures. You charge a rake, you break the law.

  5. #105
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    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by Walter Sobchak View Post

    You're usually a smar poster but you are so completely wrong here. I can't believe I'm saying this but bottomfag is right.

    Bitcoins are a cash equivalent, like casino chips or bearer bonds. Zynga chips and Chucky Cheese tokens are. It cash equivalents because they are not freely convertible to cash even though they can be purchased. For American citizens, operating or owning or sharing in the profits of a gambling site (where people can potentially win cash or cash equivalents) is illegal EVEN if that site does not take US players and EVEN if the site is licensed in some other country. The only exception is owning 5% or less of a public company like 888. I was considering investing in a site but once I did my research I called off the dogs. Micon is living on borrowed time.
    At Chucky Cheese you win tickets which kids (or pedo's) can convert into items. Should we alert the doj?

    chucky cheese and places like that (dave and busters ect), get around "gambling" by giving you a ticket no matter how good your score is, so you technically never actually lose...and they also provide prizes that cost only one ticket.

  6. #106
    aka PP23 badguy23's Avatar
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    Quote Originally Posted by Texter View Post
    Quote Originally Posted by simpdog View Post

    At Chucky Cheese you win tickets which kids (or pedo's) can convert into items. Should we alert the doj?

    chucky cheese and places like that (dave and busters ect), get around "gambling" by giving you a ticket no matter how good your score is, so you technically never actually lose...and they also provide prizes that cost only one ticket.
    I have a law suit going vs Church Bazaars and Chuckie Cheese as we speak. The reason I became a degenerate gambler was because of these 2 places. Church Bazaars flat out run Dice, Roulette and Poker games for real cash to this day. Time to cash in bitches!!

  7. #107
    Platinum Rollo Tomasi's Avatar
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    Quote Originally Posted by PLOL View Post
    I've been putting in some hours at SWC. I now play exclusively on SWC as MarthaMicon.
    what happened to your DanDruff account
    Quote Originally Posted by tony bagadonuts View Post

    Look Corrigan, you've been a sideshow clown around here from the jump
    It's tough to take you seriously when you've made your bones acting the fool.
    Quote Originally Posted by Brittney Griner's Clit View Post
    Which one is he?

  8. #108
    Diamond PLOL's Avatar
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    Quote Originally Posted by Rollo Tomasi View Post
    Quote Originally Posted by PLOL View Post
    I've been putting in some hours at SWC. I now play exclusively on SWC as MarthaMicon.
    what happened to your DanDruff account
    Chat-banned until August of 3019
    TRUMP 2024!

    Quote Originally Posted by verminaard View Post
    Just non-stop unrelenting LGBT propaganda being shoved down our throats.

  9. #109
    Bronze backdoorb's Avatar
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  10. #110
    Platinum BetCheckBet's Avatar
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    Not sure what is going on (perhaps related to recent frozen accounts) but bitcoin trading volume has fallen to about where it was 6 months ago, hence the extremely stable price. Either the speculators have left the market and we can expect a steady price or they are getting tired of waiting and we can expect a significant decline in near future.

  11. #111
    Plutonium sonatine's Avatar
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    I expect that the predatory EU crime syndicates have successfully bled dry all the prospectors.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  12. #112
    Plutonium simpdog's Avatar
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    With the US seizing domains/bank accounts/etc sounds like some of the gambling sites (Satoshi Dice) are starting to hide their addresses to the US to avoid having issues.

    So does someone like Micon make that move too? Otherwise if SwC keeps rolling and starts to make any significant (> 5k/month) do they seize his bank accounts/condo/whatever and ask questions after?

  13. #113
    Serial Blogger BeerAndPoker's Avatar
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      sonatine: legitimacy

  14. #114
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    Feds don't plan to take down Bitcoin or other currencies

    ..An indictment filed by U.S. prosecutors accused Liberty Reserve of making 55 million laundering transactions for at least a million people, and it also painted the digital currency as a marketplace that enabled criminals to commit a host of illegal activities, including identify theft, credit card fraud, investment fraud, narcotics trafficking, and child pornography.
    After Tuesday's raid on Liberty Reserve, many Bitcoiners feared that the feds would come down even harder on Bitcoin.
    While Calvery explicitly said that the intention of FinCEN is not to go after all virtual currencies, she did make it clear that the Treasury is closely examining the digital currency market and all of its players.
    "I do think we have obligation to take down the biggest U.S. money laundering [outfit] in U.S. history, that $6 billion money laundering operation," Calvery said. "If that ends up creating a broad-brush reaction that's inappropriate, that is something that would be, first of all, unanticipated. Secondly, that's something that would be addressed in the national conversation on the developing financial services industry in the weeks, months, and years to come."

    http://news.cnet.com/8301-1023_3-575..._source=feedly

  15. #115
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    I have to give Micon and his crew credit. They have cleverly duped everyone with their .eu domain name. Since bitcoins are basically an avenue to launder money, you can get away with a poker site with a .eu domain because online poker is legal in Europe.

    Definitely faked me out, and likely the Feds.

    I would never have a poker site trading bitcoins in the US because it flies in the face of the Patriot Act because some shady motherfuckers can play one hand and chip dump to each other and cash out unnoticed. But the .eu domain is protected. So there.

  16. #116
    Platinum BetCheckBet's Avatar
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    Fun thing about having bitcoin bet in escrow. Interesting to see how much they will drop before Micon gives go ahead to pay. They have already dropped about 17% in the last 3 days.

    https://bitcointalk.org/index.php?to...860#msg2416860

  17. #117
    PFA Emeritus Crowe Diddly's Avatar
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    Looking at the dates in the OP, some of those bets were made when bitcoins were well under $20. Others were made immediately after the april crash, so those were probably worth about the same as they are right now anyway. Shit's in escrow anyway so it doesn't really matter, but interesting nonetheless.

    The escrow guy won't let micon hold out too long, so he says, anyway.

  18. #118
    Gold Bootsy Collins's Avatar
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    I am sure this was all just a huge misunderstanding.

     
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      4BET: kill yourself

  19. #119
    Serial Blogger BeerAndPoker's Avatar
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    California trying to shutdown Bitcoins

    http://www.forbes.com/sites/jonmaton...om-california/

  20. #120
    Gold 408Mike's Avatar
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    Quote Originally Posted by sonatine
    Legitimacy
    You are the literal opposite of a loyal human being and have no shame whatsoever. Live your life with some fucking dignity for a change, have some self respect. Be a fucking man and tough out the dry spells with the rest of your friends sonatine.

    You have some nerve druff, I distinctly remember you telling me you would never implement a rep system similar to skatz because "pfa and skatz are not in direct competition." What a load of horse shit.

     
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      Bootsy Collins: Silly Mike. Meth is bad for you.
      
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      Muck Ficon: Lol you telling someone to be a man
      
      thegenius5: Please stop giving any sort of advice that doesn't involve failing at life.
    Quote Originally Posted by sonatine
    i was pretty butt-hurt when mike said he didnt want to fuck with my home game because i was trannie-bombing threads, but ive definitely come to appreciate mike as a poster and a person and feel genuinely that the last thing on earth he deserves is a dime-store bipolar fruitcake like marty threatening him.

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