|
More like bitcon, eh guys?
|
# ? Feb 2, 2016 18:40 |
|
|
# ? Jun 5, 2024 05:06 |
|
Buttcon.
|
# ? Feb 2, 2016 18:42 |
|
Nah, buttcon is what happens when the off license plastic surgeon fills your butt cheeks with cement.
|
# ? Feb 2, 2016 18:46 |
|
Onkel Hedwig posted:I did not know what you meant by that, so I searched for "bitcoin black hole". If anyone else is wondering or if it didn't show up: ASIC wizkids at BFL send Wired a rig. Wired talks it up for a short puff piece that ends in them saying "lol bitcoin is an abstraction. We destroyed the private key and left the rig running!" Bitcoiners got super mad http://www.wired.com/2013/05/butterfly_live/
|
# ? Feb 2, 2016 19:06 |
|
They turned a bitcoin miner into a tears miner. An excellent trade imho.
|
# ? Feb 2, 2016 19:11 |
|
Bad Munki posted:Or just dumping out a dewar of liquid nitrogen on the floor in a hotel for ultimate cooling! The video of it is still up. https://www.youtube.com/watch?v=Ut8mwo7vGBI
|
# ? Feb 2, 2016 19:39 |
|
The Snark posted:Buttcon. Buttcon 2016 is gonna be sick, shut your mouth.
|
# ? Feb 2, 2016 23:19 |
|
Bubblyblubber posted:That entire sentence makes no sense in my head. Did... did bitcoins make me retarded just by existing? Nope, no you're just suffering from the effects of too much Bitcoin at one time. I gave the really condensed version. It's generally safer mentally if you learn about it over a much longer period of time so brain cells don't come to a screeching halt all at one time trying to figure out what the gently caress anything related to Bitcoin is about.
|
# ? Feb 2, 2016 23:43 |
|
Cyberventurer posted:The video of it is still up. This still just baffles me. How does he think this is supposed to work? Why couldn't he be bothered to do even 2 minutes of research?
|
# ? Feb 3, 2016 00:05 |
Because magic
|
|
# ? Feb 3, 2016 00:30 |
|
You know something is legit ridiculous when InfoWars is basically making fun of it.
|
# ? Feb 3, 2016 00:31 |
|
Bad Munki posted:Because magic Basically this. The phase change is what does most of the cooling and that's occurring on the floor. He gets extra points because it's possible to asphyxiate yourself with nitrogen without feeling anything.
|
# ? Feb 3, 2016 00:59 |
|
How did that heist end? I can't seem to find out!
|
# ? Feb 3, 2016 00:59 |
|
vxskud posted:I'm curious I received my degree in economics, and with such have approached Bitcoin from a classical economic pedigree. Most (all) people I've interacted with in the cryptocurrency space have received their knowledge of economics through the eco chamber of Bitcoin. Every single catastrophic shower thought I had in the first five minutes of having Bitcoin explained to me is now being realized by the Bitcoin space and my acquaintances are looking at me like I am some sort of prophet. I don't have the heart to tell people that I learned more about Bitcoin through trading Pokemon cards than any amount of higher education
|
# ? Feb 3, 2016 01:02 |
|
The_Franz posted:People buy IP cameras to keep an eye on kids or elderly relatives and don't bother to secure them because security is hard and makes things inconvenient. Even when security is enabled, you can get around it with stupid poo poo like changing your browser user agent or use the password that was hardcoded into the firmware that can't be changed. Same goes for routers. Basically, programmers are terrible people.
|
# ? Feb 3, 2016 01:12 |
|
Armchair Calvinist posted:I received my degree in economics, and with such have approached Bitcoin from a classical economic pedigree. Reminds me of this Onion piece: Historians Politely Remind Nation To Check What's Happened In Past Before Making Any Big Decisions http://www.theonion.com/article/historians-politely-remind-nation-to-check-whats-h-26183 quote:WASHINGTON—With the United States facing a daunting array of problems at home and abroad, leading historians courteously reminded the nation Thursday that when making tough choices, it never hurts to stop a moment, take a look at similar situations from the past, and then think about whether the decisions people made back then were good or bad. Bitcoin: All this has happened before and will happen again.
|
# ? Feb 3, 2016 03:22 |
Ivor Biggun posted:Bitcoin: All this has happened before and will happen again.
|
|
# ? Feb 3, 2016 04:33 |
|
Azathoth posted:You are the harbinger of death, Satoshi Nakamoto. You will lead them all to their end. There must be some kind of way out of here.
|
# ? Feb 3, 2016 04:41 |
|
gannyGrabber posted:How did that heist end? I can't seem to find out!
|
# ? Feb 3, 2016 05:07 |
|
Captain Cool posted:the thieves, probably the operators of sheep marketplace, got away with it, and possibly even cashed out for real money yessssss
|
# ? Feb 3, 2016 14:15 |
|
Wait I thought a bitcoin was like some weird prime number thing you found first and 'claimed'? But now its something you just get assigned for helping people make transactions? And if theres so many of these miner dudes in china helping the transactions why is the network hosed so bad transactions cant go through THje government should just let people have weed and whatever so people stop doing retarded poo poo like this
|
# ? Feb 3, 2016 15:13 |
|
sounds like they 'bit' off more than their system design would allow, to 'coin' a phrase
|
# ? Feb 3, 2016 15:17 |
|
A Stupid Baby posted:Wait I thought a bitcoin was like some weird prime number thing you found first and 'claimed'? But now its something you just get assigned for helping people make transactions? And if theres so many of these miner dudes in china helping the transactions why is the network hosed so bad transactions cant go through The network pays you for processing blocks. You process blocks by finding a random number that hashes to a value that has a number of 0s in front of it that match the current "difficulty". More zeros is more difficult! You don't actually get paid for processing transactions. In fact, at some potential future point, you may actually make more money processing empty blocks (no transactions included) than you would processing full blocks, if the block size gets too big and fees don't rise. Also, no matter how many people are processing transactions, the network balances out to always be slow and lovely. Difficulty rises to make sure there's one block every 10 minutes, and this can only handle about 7 transactions per second (max). If blocks never get any bigger, tps will stay lovely forever, even if the entire output of the sun was being used to mine bitcoins.
|
# ? Feb 3, 2016 15:30 |
|
Crust First posted:...and this can only handle about 7 transactions per second (max)... lol
|
# ? Feb 3, 2016 15:37 |
|
Lol more because 7 was a lie and requires every transaction to be a minimum size no security transaction and using real transactions the limit is about 2.8 transactions per second.
|
# ? Feb 3, 2016 15:44 |
|
So I don't know if this was true, but I think I remembered hearing about someone's house burning down (hoverboard style) because of a buttminer and then because the electronics weren't certified, their insurance wouldn't pay out or something?
|
# ? Feb 3, 2016 15:45 |
|
Realistically it is more like 2-4 max, which wouldn't be enough for a single supermarket chain.
|
# ? Feb 3, 2016 15:47 |
|
Quote-Unquote posted:Realistically it is more like 2-4 max, which wouldn't be enough for a single supermarket chain. My produce would start wilting before my transaction was confirmed!
|
# ? Feb 3, 2016 15:53 |
|
Ah Bitcoin thread, it's been too long my old friend. Do we have any idea what Bruce Wagner is up to nowadays? edit: http://bitcoinme.com/forum/viewforum.php?f=2 Senor Tron fucked around with this message at 16:14 on Feb 3, 2016 |
# ? Feb 3, 2016 16:04 |
|
Senor Tron posted:Ah Bitcoin thread, it's been too long my old friend. Hahah. He apparently also runs (and posts to himself constantly) http://supersmartpeople.com/forum
|
# ? Feb 3, 2016 16:20 |
|
i gotta go set up evensmarterpeoplethantheothersmartpeopleforum.com
|
# ? Feb 3, 2016 16:23 |
|
The only person I know with bitcoins spends his time watching YouTube videos of nerds screaming about those darned Christians That's my Bitcoin story
|
# ? Feb 3, 2016 16:25 |
|
has anyone ever used bitcoins for anything besides drugs
|
# ? Feb 3, 2016 16:34 |
|
Glass Bottom Boat posted:has anyone ever used bitcoins for anything besides drugs i bet a bunch of people used it to buy child porn and guns and that one guy bought a pizza
|
# ? Feb 3, 2016 16:39 |
|
When I worked for a insurance recovery company, I had the pleasure of helping strip down a really nice law office who's server room had mysteriously caught fire. I didn't think anything of it until the owner, who loved to talk about how his son was a genius with a full ride scholarship to MIT but turned it down to be in the family business, mentioned off hand that that same son was mining bitcoins in the office.
|
# ? Feb 3, 2016 16:44 |
|
Quote-Unquote posted:Realistically it is more like 2-4 max, which wouldn't be enough for a single supermarket chain. It's almost like the technology was just a neat proof of concept, not a replacement for the global economic system.
|
# ? Feb 3, 2016 17:04 |
|
P-Mack posted:It's almost like the technology was just a neat proof of concept, not a replacement for the global economic system. also no matter what you think of bitcoin it's still better and faster and cheaper for sending money internationally than western union and moneygram, as long as the recipient can turn it back into money or drugs or something usable at the other end (this is because moneygram and western union are terrible, not because bitcoin is good)
|
# ? Feb 3, 2016 17:27 |
|
The Goatfather posted:
that's a hell of an if.
|
# ? Feb 3, 2016 17:29 |
Glass Bottom Boat posted:has anyone ever used bitcoins for anything besides drugs cryptowall ransoms
|
|
# ? Feb 3, 2016 17:29 |
|
|
# ? Jun 5, 2024 05:06 |
|
Germstore posted:that's a hell of an if. not really though anymore
|
# ? Feb 3, 2016 17:29 |