Thesoro posted:

lol if u can't effortlessly remember the spelling of every word you've ever read

flyboi posted:

was this posted yet
https://cryptsy.freshdesk.com/support/discussions/topics/74562

jony ive aces posted:

idgi so is the book satire or what

pseudorandom name posted:

if I had to guess reason about this logically, latin (scientific names) and japanese (anime) are the only two foreign languages in conservapedia, and there exists a faction that hates the use of non-English languages

TVarmy posted:

If George Washington saw the Federal Reserve, he'd be rolling in his grave!

And if he saw what was happening in Colorado and Washington, he'd be rolling sick blunts.

FMguru posted:

he was an rear end in a top hat, but he was also almost always right.

transfatphobic posted:

Hello who would like to invest in lemoncoins

stoutfish posted:

bitconers don't understand $topic

Happy Noodle Boy posted:

Edminster posted:

Mother Goose and Grimm

Robawesome posted:

Just got my "Enjoy Sochi" donations! What do I win. (self.Bitcoin)

submitted 5 minutes ago by pinhead26

[–]tulipfutures 1 point 3 minutes ago

Are they confirmed? There's another post about someone else not being able to spend because those 2 "donations" were unconfirmed

[–]pinhead26[S] 1 point 57 seconds ago

oh THATS interesting. huh, what a great idea for an attack. Most wallets won't let you choose which specific outputs you sign when you send money.

anthonypants posted:

https://www.youtube.com/watch?v=QhIz2Dz_KEE&hd=1

Joementum posted:

it is hahhhhd!!

Proteus4994 posted:

yes, and "let's create our own genesis block" makes no sense, even when you know what it's supposed to mean.

quote:

same with "you must be satoshi because i'd like to know you better"

Proteus4994 posted:

that's the point i was trying to make, i know what it's supposed to mean, but it's still awful

Heavy Zed posted:

duTrieux. posted:

♫ oontz oontz oontz oontz ♫
~ thinks about the potential impact that a currency used primarily for illicit online activity may have on cryptographic hash functions ~
♫ bootz n catz n bootz n catz n bootz n catz n ♫

...! posted:

anthonypants posted:

what happens to anyone else when they go to https://blockchain.info/ and click on the "Blockchain Response to Apple" link under news on the right

Magic Underwear posted:

don't you know the rule where if someone doesnt pay you back in five weeks you get to steal something worth 30x the debt from them? jesus christ

duTrieux. posted:

my boss thinks we should get rid of the post office. "everybody can just go online!" and if they don't have a computer or a data line they can just "go to the library".

Troglyfe posted:

ReptileChillock posted:

This man was dubbed "Nerdimus Maximus" and had a stench so powerful that the pizzeria smells could not drown it out. He "lectured" about crypto history for a painful twenty minutes.

quote:

Entrepreneur makes Bitcoin gift to the University of Puget Sound


When University of Puget Sound alumnus Nicolas Cary told his alma mater he wanted to donate to a UPS fundraising campaign, school officials were excited.

When they heard how he wanted to pay -- by an up-and-coming digital currency, known as Bitcoin -- they didn’t know what to think.

“My initial reaction was: ‘Well, this is going to be interesting,’” said Sherry Mondou, vice president for finance and administration at the liberal arts college in Central Tacoma.

Cary wanted to use Bitcoin, which enables users to send money over the Internet without a credit card or bank account.

He gave to the university for philanthropic reasons, but his decision was also strategic. The Colorado native is the CEO of Blockchain, a business that offers online “wallets” for Bitcoin users to store currency.

“I wanted to make my donation in Bitcoin because that is the only way I can do it,” said Cary, who graduated from UPS in 2007 with a double major in business leadership and international political economy. “My salary is paid in Bitcoin, my employees are paid in Bitcoin -- my apartment, my travel. For me it was a logical donation.”

The size of his donation -- $10,000, when converted to cash -- doesn’t compare with the big hitters in the philanthropy world. A California-based foundation, for instance, recently committed $2 million to UPS for a fitness center.

What makes Cary’s gift remarkable is the way it was given. He claims it is the first Bitcoin contribution to a higher education institution in America. (He references a database where Bitcoin users record donations to nonprofits.)

How the currency works – including the value of the coins – requires a technical explanation that includes digital properties, divisional abilities, mathematical governing principles and comparisons to mining and precious metals.

Cary has a much simpler explanation: “It’s email for money.”

Bitcoin has been around since 2009, but it’s just starting to become known outside the tech-savvy world where it lives. Thousands of businesses, including many online-only merchants, accept the currency. Seattle will reportedly soon get some of the first automated teller machines in the U.S. that let users buy and sell bitcoin.

Bitcoin has spurred a number of startup companies, including Cary’s. He says it’s faster and cheaper than other payment methods; no fees are incurred, unlike with credit cards, and businesses don’t have to worry about data breaches because personal information isn’t stored.

The price of the currency as it translates to U.S. dollars changes depending on supply and demand. It reached a high between November and December 2013 when the market price of a single bitcoin was the equivalent of $1,203. The market price was at $558 Wednesday.

“There’s a lot of debate on whether it’s a fad or whether it’s the future,” Mondou said. “The people who are living off Bitcoin or investing in Bitcoin, they have the volatility. But for us, we were able to accept the donation without having to incur that risk.”

Before accepting the donation, Mondou researched Bitcoin and how UPS could transfer the digital currency. Ultimately the school created an account with an electronic payment processing system known as BitPay.

After a little research, Mondou said Bitcoin started to make sense.

“In some ways I started to think of it as ‘Well, how different is this than a stock gift?’” she said. “Stock prices are going to go up and down.”

UPS officials cashed in the currency right away, but Cary said if they’d held on to it for a year the amount may have been significantly more.

The choice to give money to his former school was something he’d thought about while he was a student. Scholarships and student loans paid for his education.

Cary’s donation was made to the 2013-14 Alumni Fund and will be part of the college’s $125 million One (of a Kind) comprehensive campaign that supports student financial aid, academic programs and research, new facilities, operations and initiatives meant to help students succeed. The campaign has received $109 million in gifts to date.

The university is now equipped to accept donations of bitcoin if the opportunity arises again, Mondou said.

That’s good news, said Cary, who believes Bitcoin is on the verge of changing the way the world does business.

Robawesome posted:

"b-but MTGox has always been bad!!!"

TVarmy posted:

I feel like we need to remember that Andreas also said that we should have our laws determined by a cryptocoin-like system during the Milwaukee meet up.

His justification was that law is too hard for common people and creates the need for lawyers and judges, white instead people could just consult the Lawchain.

If there's anything people understand more than the laws, it's proof of work based network protocols with heavy amounts of cryptography.

Wikipedia posted:

The SEC has stated that naked shorting is sometimes falsely asserted as a reason for a share price decline, when, often, "the price decrease is a result of the company's poor financial situation rather than the reasons provided by the insiders or promoters."[4]

Mr. Nice! posted:

we're talking a bit about bitcoin in my contracts class and how hosed bfl is from the lawsuits against them.

ayn rand hand job posted:

This Guy Wants To Buy All The Silk Road Bitcoins Seized By The FBI