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literally this time last month it was all 'strong start for 2014 10000 by end of year!!'
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Feb 13, 2014 22:43
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fifteen years ago these people were emptying out their iras to buy shares in drkoop.com and pets.com because they believed so strongly in those companies
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Feb 13, 2014 22:43
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reminder: 
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Feb 13, 2014 22:45
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haven't seen that chart in a while. like an old friend
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Feb 13, 2014 22:46
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oh that graph again
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Feb 13, 2014 22:46
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just replace all of them with delusion
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Feb 13, 2014 22:46
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the value halving over the last few weeks must be doing something lovely to the 'profitability' of mining too. let's hope they hit another difficulty jump while the price keeps dropping too.
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Feb 13, 2014 22:46
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double sulk posted:reminder: its img-timeline but with bitcoin
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Feb 13, 2014 22:47
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 lol
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Feb 13, 2014 22:47
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has mining ever been profitable in the last few months
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Feb 13, 2014 22:47
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remember when people wanted to celebrate halving day? good times
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Feb 13, 2014 22:48
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does anybody even talk about mining anymore? and what ever happened to butt-erfly labs anyway
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Feb 13, 2014 22:48
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double sulk posted:reminder: so by that logic bitcoin should stabilize at like $250 after this crash? satisfying
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Feb 13, 2014 22:48
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Werthog 95 posted:does anybody even talk about mining anymore? and what ever happened to butt-erfly labs anyway they got sued and are pretty irrelevant now
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Feb 13, 2014 22:48
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found this
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Feb 13, 2014 22:49
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EL BROMANCE posted:the value halving over the last few weeks must be doing something lovely to the 'profitability' of mining too. let's hope they hit another difficulty jump while the price keeps dropping too. http://bitcoindifficulty.com/
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Feb 13, 2014 22:50
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I really think we need to appreciate the flavor of a slow crash. Flash crashes are something bitcoin's community is used to, and are easy to rationalize due to repetition of the same excuses, i.e. "too many idiots panicked, thanks for the cheap coins," or "some whale cashed out and now bitcoins are more evenly distributed." Slow crashes show that Bitcoin is trending down over time, and makes them realize that something might actually be wrong. Also note that Andreas M. Antonopoulous loves to cite flash crashes on the NYSE from high frequency trading as proof that Bitcoins are better somehow.
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Feb 13, 2014 22:53
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Zamujasa posted:has mining ever been profitable fixed tht one for you
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Feb 13, 2014 22:54
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so, Andreas M. Antonopoulous gets paid in bitcoins, does this mean he's paid less and less as it crashes or did they tie his pay to the evil filthy statist dollar?
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Feb 13, 2014 22:57
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motedek posted:supposedly malleability-related theft quote:The author’s mistake is thinking that it is a fellow freedom fighter and not the state that is engaged in the malicious activity.
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Feb 13, 2014 22:58
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 You're looking at the prices wrong. Alrighty then, let's fart on over to BitcoinAverage.com!  lol e: wait, why is bitstamp on there? Are they fixed? 
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Feb 13, 2014 23:01
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Feb 13, 2014 23:04
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TVarmy posted:
but the charts are going down instead of up. have you added enough logarithms?
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Feb 13, 2014 23:04
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it's so simple!
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Feb 13, 2014 23:06
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kiwid posted:so, Andreas M. Antonopoulous gets paid in bitcoins, does this mean he's paid less and less as it crashes or did they tie his pay to the evil filthy statist dollar? guys, I misspelled his name there, and you shouldn't copy paste it. you are playing with fire.  
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Feb 13, 2014 23:06
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so desperate 
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Feb 13, 2014 23:06
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How is .1btc collateral for 1btc?
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Feb 13, 2014 23:07
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wait how did she put in .1 butts if she didn't have any butts
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Feb 13, 2014 23:12
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Werthog 95 posted:wait no the dude puts up the collateral ityool 2014 EDIT: wait yeah she did it too what
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Feb 13, 2014 23:13
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i wonder how that tshirt dork is doing
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Feb 13, 2014 23:13
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FamDav posted:no the dude puts up the collateral no but look at the end, they both get back .1 butts
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Feb 13, 2014 23:13
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Don Lapre posted:How is .1btc collateral for 1btc? cargo culting financial transations
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Feb 13, 2014 23:15
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yeah noticed what happened to the transactions where only 2 out of the 3 parties had to sign off on it for it to go through.
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Feb 13, 2014 23:15
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Werthog 95 posted:wait magic
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Feb 13, 2014 23:15
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Andreas M. Antonopoulous Andreas M. Antonopoulous Andreas M. Antonopoulous
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Feb 13, 2014 23:16
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fool_of_sound posted:Andreas M. Antonopoulous nice andreas for me to antonopoopon
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Feb 13, 2014 23:17
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FrozenVent posted:advocating bank bailout holy poo poo hey shut up, we're going to get to see a preview of the next few decades of economic thought by the end of the month at this rate.
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Feb 13, 2014 23:18
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Werthog 95 posted:how did she put in .1 butts if she didn't have any butts or maybe she just duplicated someone else's .1btc transaction
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Feb 13, 2014 23:19
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Werthog 95 posted:wait i see an opportunity here for a service that loans btc out for people to obtain btc. the contracts could be cryptographically signed and added to the blockchain.
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Feb 13, 2014 23:20
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motedek posted:i see an opportunity here for a service that loans btc out for people to obtain btc. the contracts could be cryptographically signed and added to the blockchain. I'll make the wiki
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Feb 13, 2014 23:21
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