With rumours of Coinbase adopting Litecoin1 dating back to 2012, the time has finally arrived. Sort of. Coinbase has opened a market for trading a Litecoin versus United States dollar currency pair on their GDAX exchange. Anticipation that Coinbase would in some way do something with Litecoin peaked in August of 2013 when they hired Litecoin creator Charles Lee (WOT:coblee). Apparently Coinbase was just waiting for the right scamcoin to pop their altcoin cherry before letting the largely abandoned Litecoin take a ride with them. Sorry for your lost years.
Author Archives: Aaron 'BingoBoingo' Rogier
Cost Of Wrong Kitty Litter Escalates Into The Billions Following Nuclear Waste Accident
The Los Angeles Times reports that the estimated cost of cleaning up a 2014 underground containment failure at a nuclear waste storage site in New Mexico is climbing past the two billion United States dollar mark (archived). The failure occurred at a facility located within an underground salt dome. A container holding Plutonium and Americium waste failed because organic kitty litter used as a binding agent reacted with the waste creating gas that lead to an explosion reportedly contaminating 35% of the space in the underground facility. Using inert mineral kitty litter would have prevented this accident.
The accident has lead to a cavalcade of fail1 as the facility's unsafety has lead to delays in sequestering waste from "temporary" storage at former nuclear weapons facilities including the notorious Hanford Site there. This means that in addition to the costs imposed by attempts to restore this salt dome to safety the accident has forced the United States Government to breach agreements with a number of state and local governments for failure to dispose of their nuclear trash according to agreed upon schedules. It has also threatened to bring the United States into violation of International Treaties with Russian and other nuclear powers on the reduction of weapons grade material.
The immediate cost of cleaning up after this breach is set to eclipse the Three Mile Island incident in absolute dollars, and the total cost imposed by the fallout is likely to eclipse Three Mile Island in inflation adjusted dollars. The latest alleged USMS auction of Silk Road-ish Bitcoins at 1.6 million United States dollars for 2700 Bitcoins can do nothing for the fiat order when it has debts like this. Sorry for your loss, but you should have read the label on that kitty litter.
This is not unlike the situation US farmers chose trading their windbreaks and their neighbor's orchards for a season's soybean harvest. ↩
Pokemon Go Fad Already Over
Pokemon Go, a surveillance and public health app developed by Niantic, is already seeing declining usage according to every possible metric (archived). Likely contributing factors include the game having been released broken with updates only introducing software that's even more broken and gameplay that's even less sophisticated than Cookie Clicker, Farmville, and supposed "games" played for fun. Combine that with the reality of rampant transmayoism keeping the most likely core fanbase from engaging in the optimal gameplay strategy of walking around outside and you have a complete market failure no amount of brand related nostalgia1 can save. Meanwhile other games with allegedly more satisfying mechanics are continuing to grow. Just say Pokemon No.
In related news Crystal Pepsi is back and 1990's nostalgia is apparently a thing marketers are trying to push. ↩
PayPal Freezes Bundy Accounts Over Rebellion Against Federal Government
Paypal has frozen accounts associated with Cliven Bundy and his Nevada ranch. Cattle rancher and American Patriot Cliven Bundy was captured by Federal Forces in Portland while he was travelling to support his sons following their effort to liberate a portion of the high desert in Oregon. Cliven's sons Ammon and Ryan had already been captured in an incident which left Ryan injured by gunshot and Lavoy Finicum murdered by FBI stooges. Meanwhile the only Federal officer to face charges of terrorism in United States courts was indicted for playing with gift cards. Peace in our time.
Fratire Retailer Suffers Pervasive Malware Installation
Popular fratire retailer Eddie Bauer suffered a pervasive installation of malware that spanned all of its 350 retail locations according to Brian Krebs (archived). This is astounding normal in electronic fiat payment systems. Krebs however has not offered any words on his blog concerning a far graver malfeasance recently uncovered. Sorry for your loss.
No Arrests In Drug Drone Prison Crash And Mid-Flight Seizure
A drone carrying drugs and other contraband crashed near Her Majesty's Prison Pentonville in the United Kingdom on August 13th and later that day a second drone was seized mid mid-flight over the prison (archived). Police allegedly chased a suspicious person away from the prison and recovered drug material he allegedly ditched, but no arrests were made in the case. Peace in our time.
Turkish Wedding Wrecked By Tween Bomber
An alleged 12 to 14 year old suicide bomber killed 51 and wounded 69 at a wedding in southeast Turkey near the Syrian border (archived). The tween allegedly interupted the celebration by killing himself and others after the traditional "henna party" where hands and feet are painted. Peace in our time.
Not Quite News Roundup Xtend 2 (TM)(R)
Welcome to the second edition of the Qntra Not Quite News Roundup Xtend (TM)(R). These events of the past week happened, but didn't quite qualify as news on their own merits.
- On Thursday following their acquisition by Univision, Gawker media announced that their former flagship Gawker.com would be shuttered next week.
- RBS, the largest and most Anglo bank yet to do so announced it would be imposing negative interest rates on select major commercial depositors. Loss happens.
- Following the news of a serious RNG bug affecting all GPG versions a low energy shitgnome campaign of apologetics and "not that bad" followed.1
- Ethereum Huffing wank continues. It also was discovered that the "Robin Hood" group of Ethereum scammers dumped their classic ethereum tokens raided from the corpse of the DAO, which definitionally is empty.
- Darkcoin, a minor altcoin notable for containing a rapid inbuilt hard fork mechanism, is going through another round of pumping in the hotsheets. There has been insufficient interest in this altcoin for anyone to care to challenge any of its past hard forks.
- Trees near good looking soybean fields2 continue their decline. As harvest nears many corn fields are looking awfully weedy.
- At the moment all is quiet on the BitfinExodus front.
Univision Beats Ziff Davis In Bidding Battle For Gawker Media Corpse
After everyone had come to expect Ziff Davis would cleanly take ownership of Gawker Media's corpse as the sole bidder at auction, Univision emerged as a second, higher bidder. Surpise!
Github Enforces USG.NSA Copyright And Other Lols, Roundup Xtend'd
Following the initial announcement of "Shadow Broker's" (WOT:nonpeople) planned auction of alleged NSA surveillance tools and miscellanea, further lulz emerged. Here they are Roundup Xtend'd:
- Github effectively and proactively enforced a potential copyright claim by the United States National Security Agency by booting the information off their platform.
- Numerous media outlets are skirting around where the goods came from by tenaciously using the "Equation Group" moniker for the group with which the tools originated.
- The issue of whether the teasers offered of the goods for sale are novel or rehashes of previous leaks has not yet been definitively established given the sheer amount that has been leaked already.
- A suggested price of One Million Bitcoin has been floating around. The price, which represents a substantial percentage of the best money's monetary mass, reeks of insanity and a deep povertree of the sort that makes a supposed person incapable of market participation.