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ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades.
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Feb 27, 2016 23:50
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WHOA 
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Feb 27, 2016 23:52
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Feb 27, 2016 23:53
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. butt coin will save us
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Feb 27, 2016 23:54
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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 : "hey let's record transactions in a ledger BUT ON THE INTERNET" "cool here's ur double nobel in physics and piece and a complimentary fields medal"
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Feb 27, 2016 23:55
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. Please then, break it down for me, your lordship.
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Feb 27, 2016 23:57
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buttcoin: leading the way in democratising electric things nobody needs to vote on, so we can ignore the issues we actually need to vote on
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Feb 27, 2016 23:58
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. Figuring out that being really smart isnt a guarantee you wont suck rear end at comprehending basic macroeconomic principles is a pretty useful discovery, I must admit
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Feb 27, 2016 23:59
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Drunk Nerds posted:Figuring out that being really smart isnt a guarantee you wont suck rear end at comprehending basic macroeconomic principles is a pretty useful discovery, I must admit Thank you for calling me really smart, but I understand basic macroeconomic principles just fine.
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Feb 28, 2016 00:06
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Carmant posted:Thank you for calling me really smart, but I understand basic macroeconomic principles just fine. please explain the glory of the bit coin to the unwashed goon masses, prophet
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Feb 28, 2016 00:12
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Holy poo poo this guy is tearing this thread up with his posting
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Feb 28, 2016 00:15
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did anyone get the funny joek where goon masses can refer both to the number and the fatness of goons
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Feb 28, 2016 00:21
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Carmant posted:Thank you for calling me really smart, but I understand basic macroeconomic principles just fine. Then put up or shut up. Start explaining things that other people don't understand. Grace us with your wisdom. I hosed up a detail the last time I posted and you know what happened? Someone pointed out how I was wrong and in fact bitcoins are even more retarded. You should try that.
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Feb 28, 2016 00:21
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Looks like we're all about to get taken to school. Bitcoin school. Disclaimer: Bitcoin school claims no accreditation. Customer experience may vary.
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Feb 28, 2016 00:26
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Heh, goons itt proving that the only difference between them and Bitcoiners is that goons didn't have the money to buy in
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Feb 28, 2016 00:37
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. we got a live one over here. :bernget: blowfish posted:did anyone get the funny joek where goon masses can refer both to the number and the fatness of goons it was p. good
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Feb 28, 2016 01:09
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100% chance that Carmant never bothers to actually discuss with the thread, refuses to face the terrifying realization that bitcoin is just a lovely demo of a half-baked idea that doesn't live up to hardly any of the bitcoin community's promises Bitcoin is basically only useful for people who want to buy drugs and child porn on the internet, or who want to more easily scam others
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Feb 28, 2016 01:59
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Carmant posted:Thank you for calling me really smart, but I understand basic macroeconomic principles just fine. 
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Feb 28, 2016 02:08
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jackyl posted:satoshi sighed as he slit open his stomach in ritual suicide.
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Feb 28, 2016 02:55
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Hillary Clintons Thong posted:Please then, break it down for me, your lordship. Butt goes in weed comes out, can'texplain that!
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Feb 28, 2016 02:59
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I can do that right now, with cash, legally but I guess I cant immediately recall the transaction and keep my money, also low risk of stabbing i guess.
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Feb 28, 2016 03:09
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Hillary Clintons Thong posted:I can do that right now, with cash, legally Yes but without glorious blockchain technology, thus your way is inferior.
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Feb 28, 2016 03:11
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Hillary Clintons Thong posted:I can do that right now, with cash, legally You also didn't generate your money by converting your parents' electricity into internet pogs, check mate statist 
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Feb 28, 2016 03:58
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Heh, your inferior mind can only understand this one step where you exchange cash for goods unlike the glorious minds that use bitcoin and can comprehend all the glorious details that let you turn bitcoin into ice cream
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Feb 28, 2016 03:59
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Morglon posted:Heh, your inferior mind can only understand this one step where you exchange cash for goods unlike the glorious minds that use bitcoin and can comprehend all the glorious details that let you turn bitcoin into ice cream https://www.youtube.com/watch?v=H9jC0TP-Yug
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Feb 28, 2016 04:01
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When I grow up, I wanna be a statist.
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Feb 28, 2016 04:01
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Wow so easy and efficient. Totally not a waste of time.
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Feb 28, 2016 04:04
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In the thumbnail the playbutton obscures his nose. He looks disturbingly similar to late-stage Michael Jackson, with worse hair
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Feb 28, 2016 04:17
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I have found that US dollars are also quite handy for buying drugs but to each their own
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Feb 28, 2016 05:45
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I have severe social anxiety so I can appreciate the value of bitcoins, dealers are scary and even worse sometimes they want you to hang out at their place for up to 20 minutes and make small talk. But I get along by writing which drug I want on a t-shirt and pinning a $20 to my chest while walking around skid row staring at my shoes. Eventually someone comes up and rips the $20 and forces the drugs into my hand. Then I squeek out a "th-th-thank you" before running home.
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Feb 28, 2016 05:55
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. This is the laziest troll. Yeah, sure, you "got" a bunch of people, but it's more like you got their hopes up that something funny would happen then didn't deliver.
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Feb 28, 2016 06:14
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thathonkey posted:I have found that US dollars are also quite handy for buying drugs but to each their own The last few times I bought drugs I used venmo. He should be careful but whatever, it's mad convenient.
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Feb 28, 2016 07:06
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happyhippy posted:Remember the couple who decided to live on Bitcoin, and thought it was amazing they found a gas station that used it. And like everything else Bitcoin "The gas station accepts Bitcoin." meant that one night clerk would buy them gas after they transferred Bitcoin to him.
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Feb 28, 2016 08:54
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QuarkJets posted:So they said that waiting ten minutes for confirmations doesn't matter because bitcoin should only be used for big purchases. Doesn't that conflict with the idea of using bitcoin for micro transactions? Do I need to pay lights 30 minutes early in order to ensure that they're green by the time that I reach them? No no no, you see the main bitcoin blockchain isn't good for quick microtransactions but lightning network sidechains something something wiki something something so that's as good as solved. WhyteRyce posted:If your buying a house you have to wait. Buying fruit you don't. So since groceries fall closer to that on the scale, obviously you don't have to wait for confirmation on that transaction What about the fact that some people want Replace By Fee, which is basically a way to overwrite a transaction that hasn't been confirmed yet? Wouldn't that mean that every rational actor would go and buy a piece of fruit at your grocery store that doesn't make you wait (it requires zero confirmations) and then as soon as they walk out the door they replace the transaction with one that sends the money back to them (with a slightly larger fee than the first transaction)?
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Feb 28, 2016 09:01
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How do the other alternative coins work? It sounds they're all weighed against bitcoin. If that's the case does that mean if you own dogecoin then you have to trade that for bitcoin and then try to bullshit for money or can you go from dogecoin to bullshit to money?
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Feb 28, 2016 09:10
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As far as I understand it, it's all based on assumed risk and supply/demand for trashbags full of deactivated amazon gift cards being exchanged in K-Mart parking lots.
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Feb 28, 2016 09:14
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Fair enough
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Feb 28, 2016 09:16
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Carmant posted:ITT: A bunch of retarded goons struggling to comprehend one of the most staggering scientific/technological achievements in decades. Nah, I think we've got it pretty well sussed out: Tricky D posted:Because bitcoin is a community of scammers preying on another community of true believers.
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Feb 28, 2016 09:29
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NObodiesGeek posted:How do the other alternative coins work? It sounds they're all weighed against bitcoin. If that's the case does that mean if you own dogecoin then you have to trade that for bitcoin and then try to bullshit for money or can you go from dogecoin to bullshit to money? Altcoins are usually just a fork of bitcoin, so like you might change the average time to discover blocks from 10 minutes to 5 or you might decide that you want your coin to be named after a goofy internet dog meme
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Feb 28, 2016 09:51
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Snuffman posted:I read about these people that supposedly have "millions" in bitcoins on a harddrive (cause they got in early, when mining was possible on a normal PC?) but I'm confused...what can you actually DO with a bitcoin? Snuffman posted:I don't get it.
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Feb 28, 2016 09:56
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