|
jre posted:and it would unfucking-believably slooooooooooooooooooooooooooooooooooooooooooooooow over residential asdl connections. plus residential set up don't have the most reliable UPS and poo poo like what if you data is on kimmy's hard drive and he's on vacation and the power blacks out and...
|
#
?
Apr 11, 2014 00:16
|
|
|
|
| # ? Jun 2, 2024 04:07 |
|
|
Jet Age posted:[–]CatatonicMan 4 points 49 minutes ago
|
|
#
?
Apr 11, 2014 00:20
|
|
|
 355
|
|
#
?
Apr 11, 2014 00:31
|
|
|
352!!!
|
|
#
?
Apr 11, 2014 00:33
|
|
|
351.8 come on burn baby burn
|
|
#
?
Apr 11, 2014 00:34
|
|
|
350.7 i'm spurtin here
|
|
#
?
Apr 11, 2014 00:35
|
|
|
350.2 come on break the 340s
|
|
#
?
Apr 11, 2014 00:35
|
|
|
the btc-e chat isn't bad "Bitmeister: watching my childrens college funds dwindle is depressing. Watching you guys cheer it on is infuriating"
|
|
#
?
Apr 11, 2014 00:37
|
|
|
These past three months haven't really been so much "nutted but she still sucking" as "Help! I have been attached to the semen-collecting rig from A Boy and His Dog, and my balls are aching!"
|
|
#
?
Apr 11, 2014 00:38
|
|
|
cool
|
|
#
?
Apr 11, 2014 00:38
|
|
|
Uncomfortable Gaze posted:super valuable hard druve space this reminds me of that fly-by-night company that was doing Dropbox-style storage with unlimited caps and were buying their drives at loving Costco e: these guys http://gigaom.com/2012/10/09/how-to-add-5-5-petabytes-and-get-banned-from-costco-during-a-hard-drive-crisis/
|
|
#
?
Apr 11, 2014 00:38
|
|
|
Bitstamp's under 360 as well. This is a
|
|
#
?
Apr 11, 2014 00:39
|
|
|
bitstamp in the 350s lol
|
|
#
?
Apr 11, 2014 00:39
|
|
|
Predicting the Death of Bitcoin is the New Luddite Pastime March 13, 2014, Tyler Seamons in Politics/Economics Leave a comment Luddites have become historically famous for their protest against labor-saving machinery that threatened to, and eventually did, put most of them out of business. The plight of the Luddites has been felt many times over in the last two centuries. With the advent of new machinery, whole segments of industry are threatened, and either they adjust and find new ways of doing business, or they, like the Luddites, complain, whine, pass legislation, but are eventually forced to find new occupation. It seems most current bankers and economists have felt pressured by the advent of Bitcoin. With titles like “Bitcoin Is Evil”, “So, That’s the End of Bitcoin Then”, or “Bitcoin Sees the Grim Reaper” the monetary elite continually attempt to dissuade you and I from investigating the merits of Bitcoin. Their continued attacks on the fledgling-yet-maturing cryptocurrency belay either a willful ignorance, an attempt to grab headlines, or a dread of obsolescence hearkening back to the Luddites. It’s difficult to face the real possibility of your entire industry becoming irrelevant. Bitcoin, while painted by some believers to be the utter salvation of their long awaited liber-topia, is nothing short of a revolutionary technology. The possibilities surrounding the blockchain technology astound anyone that bothers to think about it for more than ten minutes. Bitcoin might not end world hunger or cure cancer, but it does make sending money to anyone, anywhere easy and fast. The public ledger function of the technology has the ability to replace any kind of property ownership verification schemes currently in place. And bankers everywhere must be wondering what they’ll do when bitcoin takes over the world. Any adopter can send bitcoin to anyone they want, anywhere, with very little fees, in a matter of seconds. The recipient can in turn spend it within seconds. Without driving to a bank, scanning a check, or scanning a plastic card. Try to do that with your checking account or cash sometime… It’s said that any press is good press. That seems to be confirmed in the explosive adoption of bitcoin in recent months. With big names like Overstock.com accepting bitcoin, we’ve moved in to the slouchy teenager phase of the currency. The exchange price, while volatile (as it should be considering its adolescent state), has rebounded quickly after every drop, in spite of pundits declaring it dead as far back as 2009. Even the possibility of finding Satoshi, the purported inventor of Bitcoin, can’t slow down the growth of the new monetary monster. Bitcoin is dead. Long live Bitcoin.
|
|
#
?
Apr 11, 2014 00:39
|
|
|
350.1 i'm so fuckin close
|
|
#
?
Apr 11, 2014 00:39
|
|
|
if only mark karpelles were here to pull the plug on the router and stop the crash. we need to save mt gox, to save bitcoin.
|
|
#
?
Apr 11, 2014 00:40
|
|
|
In the battle between usefulness and volatility, usefulness wins. (i.imgur.com) submitted 49 minutes ago by Throwahoymatie 
|
|
#
?
Apr 11, 2014 00:40
|
|
|
350.0!!!!!!
|
|
#
?
Apr 11, 2014 00:40
|
|
|
if you use the word "luddite" unironically you are an insufferable sack of poo poo
|
|
#
?
Apr 11, 2014 00:41
|
|
|
Investor Group Offers to Buy Mt. Gox for One Bitcoin Stan Higgins | Published on April 10, 2014 at 22:55 BST | Exchanges, Mt. Gox, News A group of investors has offered to buy bankrupt Japan-based bitcoin exchange Mt. Gox, as part of a bid that will require the approval of its Japanese bankruptcy court. The investors are offering to pay 1 BTC for the troubled exchange, an amount which, at press time was worth $383, according to the CoinDesk Bitcoin Price Index (USD BPI). The Wall Street Journal reported that the investor group would assume all of Mt. Gox’s liabilities and obligations. In documents submitted to the Japanese bankruptcy court, the group reportedly outlined plans to resuscitate Mt. Gox, which included proposals for customers who hold outstanding claims against the exchange. Jumpstarting Mt. Gox The single-bitcoin valuation is based on the premise that the true value of Mt. Gox is difficult to determine. Wrote the Journal: “According to people familiar with the plan, the group is justifying the low price because of the ‘information vacuum’ over Mt. Gox’s 550,000 missing bitcoins, currently worth about $220 million. It isn’t possible to place a value on the lost coins, they said.” Creditors will have two options. They can either receive a prorated amount from the 200,000 bitcoins recovered by Mt. Gox equal to roughly 20 percent of their claim, or obtain an equity stake of that amount in the revitalized Mt. Gox exchange. The investor group pledged to set aside 50% of transaction fees to pay back creditors over time. Diverse group seeks ownership The investor group behind the bid includes venture capitalist Brock Pierce, founder of a number of bitcoin-related businesses including KnCMiner and GoCoin, and the creator of a prominent bitcoin syndicate. Other members of the group include John Betts, a former Morgan Stanley and Goldamn Sachs executive who would serve as the new Mt. Gox CEO, and William Quigley, managing director for Clearstone Venture Partners, a VC fund based in Santa Monica, California.
|
|
#
?
Apr 11, 2014 00:42
|
|
|
|
|
#
?
Apr 11, 2014 00:43
|
|
|
ok, no question somebody is trying to prop up bitstamp it's a lot less effective than when gox used to do it like, the price is at 360, why would you buy 50 coins at 365?
|
|
#
?
Apr 11, 2014 00:44
|
|
|
Why do you hate Bitcoin so much? (self.Bitcoin) submitted 1 hour ago by hiddenonion Every time there is a post on this subreddit there are people who post how much they hate Bitcoin or cheer any negative news. Why do you hate it so much? This is a serious question. [–]hardfork 2 points 1 hour ago They are probably jealous they didn't buy any ages ago when the heard of it and now want it to fail so they feel better. Also they probably lack the balls to accept any risk...Also you get the worst type, those who feed on people's unhappiness our enjoy winding people up. They're pretty sad people so just ignore them.
|
|
#
?
Apr 11, 2014 00:45
|
|
|
TVarmy posted:These past three months haven't really been so much "nutted but she still sucking" as "Help! I have been attached to the semen-collecting rig from A Boy and His Dog, and my balls are aching!" http://www.youtube.com/watch?v=PLDGoEh7jqA
|
|
#
?
Apr 11, 2014 00:48
|
|
|
About to sell at an incredible loss, give me a reason not to? (self.Bitcoin) submitted 4 minutes ago by defconoi As the title states, I'm thousands upon thousands in losses, about to sell after holding for the past 3 years. Give me your best reason why I shouldnt sell.
|
|
#
?
Apr 11, 2014 00:49
|
|
|
hobbesmaster posted:there's no way they could beat amazon glacier. also doesn't tor have the capability of working this way? it's literally freenet but with bitcoins
|
|
#
?
Apr 11, 2014 00:49
|
|
|
Robawesome posted:As the title states, I'm thousands upon thousands in losses, about to sell after holding for the past 3 years. Give me your best reason why I shouldnt sell. how is it possible to actually be holding for three years and sell at a loss? vv ya, that's what I figured, though technically that's not holding really.
|
|
#
?
Apr 11, 2014 00:50
|
|
|
Robawesome posted:As the title states, I'm thousands upon thousands in losses, about to sell after holding for the past 3 years. Give me your best reason why I shouldnt sell. i guess he probably just bought constantly the whole time or something
|
|
#
?
Apr 11, 2014 00:50
|
|
|
theflyingorc posted:ok, no question somebody is trying to prop up bitstamp because gox was a lot better at cooking the books than these guys are
|
|
#
?
Apr 11, 2014 00:52
|
|
|
[–]franchise49 1 point 1 hour ago Quick google news search of bitcoin, this crash is not even at the top. I wonder how far it has to fall before the mainstream media picks it up. Maybe that could bring some new money in and help curb the drop.
|
|
#
?
Apr 11, 2014 00:53
|
|
|
theflyingorc posted:how is he selling at a loss if he's been holding for 3 years? maybe he just doesn't understand what loss and profit are. hard to believe, i know, that a bitcoiner doesn't understand that stuff.
|
|
#
?
Apr 11, 2014 00:55
|
|
|
Robawesome posted:[–]franchise49 1 point 1 hour ago NOT A PONZI
|
|
#
?
Apr 11, 2014 00:56
|
|
|
Thesoro posted:i'm trying to figure out the use case for distributed hard drive rental you'll be "renting" out your hard drive with pirated apps and movies on it it's megaupload ... but with bitcoins!
|
|
#
?
Apr 11, 2014 00:57
|
|
|
Robawesome posted:[–]franchise49 1 point 1 hour ago hai guise when more people see bitcoin's price cratering they'll buy in and it'll skyrocket right guise right right?
|
|
#
?
Apr 11, 2014 01:04
|
|
|
Robawesome posted:[–]franchise49 1 point 1 hour ago a drop in the price of bitcoin is good for bitcoin because it will increase the price of bitcoin
|
|
#
?
Apr 11, 2014 01:07
|
|
|
 
|
|
#
?
Apr 11, 2014 01:15
|
|
|
Your honor, I don't see why I'm being held responsible for all the child porn on my computer. I simply rented my hard drive to some anonymous guy in exchange for untraceable internet currency. How is that illegal?
|
|
#
?
Apr 11, 2014 01:25
|
|
|
PostNouveau posted:Your honor, I don't see why I'm being held responsible for all the child porn on my computer. I simply rented my hard drive to some anonymous guy in exchange for untraceable internet currency. How is that illegal? furthermore, if you look at your flag
|
|
#
?
Apr 11, 2014 01:27
|
|
|
bitstamp at three fiddy
|
|
#
?
Apr 11, 2014 01:28
|
|
|
|
| # ? Jun 2, 2024 04:07 |
|
|
lol just clearly watched some guy give up on bitcoin on bitstamp, like 400 coins worth of orders went through instantly
|
|
#
?
Apr 11, 2014 01:28
|
|