pastebin have changed the way things work.
The command should be
cd ~/dmpinstaller && curl http://pastebin.com/raw/42ypMCgb | tr -d '\r' > ./pbinstall
or (for fist timers)
cd ~ && mkdir dmpinstaller && cd dmpinstaller && curl http://pastebin.com/raw/42ypMCgb | tr -d '\r' > ./pbinstall && chmod +x ./pbinstall
once you have done that you need to open 'pbinstall' in your favourite editor. and change this line from:
PASTEBIN_API="http://pastebin.com/raw.php?i="
to:
PASTEBIN_API="http://pastebin.com/raw/"
Then continue on with the instructions (run pbinstall)