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Bad Munki
Nov 4, 2008

We're all mad here.


Wulfolme posted:

No one has gotten brain damage from their investment in cloud mining.

Of course they haven't, the brain damage is a pre-requisite in that case.

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Ignatius M. Meen
May 26, 2011

Hello yes I heard there was a lovely trainwreck here and...

wayne curr posted:

http://www.bitcoinblockhalf.com/
The last time the block mining reward was halved, was back on November 28 2012
Bitcoins where only worth around $10 each at the time.

There's Bitcoin inflation stats here though, this is clearly statist FUD since the currency is deflationary! Fees will never have to cover the 12.5 coin loss after all~

QuarkJets
Sep 8, 2008

Dabir posted:

If she hasn't divorced him at this point she deserves it.

Come on don't blame the victim, she probably just isn't willing to give up the glamorous lifestyle offered by guitar pick manufacturing and scrap metal recycling

(truth is they probably both have mental problems and I wouldn't say that someone "deserves" that or the consequences)

thoughts and prayers
Apr 22, 2013

Love heals all wounds. We hope you continually carry love in your heart. Today and always, may loving memories bring you peace, comfort, and strength. We sympathize with the family of (Name). We shall never forget you in our prayers and thoughts. I am at a loss for words during this sorrowful time.

http://www.bloomberg.com/news/videos/2016-04-22/bitcoin-s-big-boom-when-will-blockchain-go-mainstream

Watch him repeatedly almost convince himself that he's saying rational things and swerve at the very last nanosecond

The facial tics, halting and wavering voice lol

oohhboy
Jun 8, 2013

by Jeffrey of YOSPOS
LOL, "helping get capital out of China". "Safe haven Asset like Gold".

Splicer
Oct 16, 2006

from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

a happy snowman posted:

http://www.bloomberg.com/news/videos/2016-04-22/bitcoin-s-big-boom-when-will-blockchain-go-mainstream

Watch him repeatedly almost convince himself that he's saying rational things and swerve at the very last nanosecond

The facial tics, halting and wavering voice lol
His eyebrows are trying to escape his face

SpelledBackwards
Jan 7, 2001

I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

https://www.reddit.com/r/Futurology/comments/4g8pbk/all_of_the_problems_universal_basic_income_can/d2fzjgv

quote:

This likely won't be a popular opinion but cryptocurrencies are going to force governments and central banks to provide basic income. They are going to have to provide something more attractive than sound money (bitcoin,etc.) that isn't watered down when the powers that be choose.

When he says sound money, I assume he means the Cosby tracker.

Lote
Aug 5, 2001

Place your bets
Who was the guy who tried to form a bank, stock exchange and a Ponzi scheme? And then he got arrested in Dallas for running an unapproved bank, stock exchange and Ponzi scheme and his defense was Bitcoin isnt a currency and has no value so therefore no bank!

Aaaaaaarrrrrggggg
Oct 4, 2004

ha, ha, ha, og me ekam
That would be Trendon Shavers!

thoughts and prayers
Apr 22, 2013

Love heals all wounds. We hope you continually carry love in your heart. Today and always, may loving memories bring you peace, comfort, and strength. We sympathize with the family of (Name). We shall never forget you in our prayers and thoughts. I am at a loss for words during this sorrowful time.

Blockchain™ Technology™ will save THE WORLD

https://aeon.co/essays/how-blockchain-will-revolutionise-far-more-than-money

quote:

For those working oversees who want to send money home, remittance and foreign exchange charges can often amount to as much as 20 per cent of the amount transferred. With Bitcoin that cost can be removed.

quote:

Just as the blockchain records where a bitcoin is at any given moment, and thus who owns it, so can blockchain be used to record the ownership of any asset and then to trade ownership of that asset. This has huge implications for the way stocks, bonds and futures, indeed all financial assets, are registered and traded. Registrars, stock markets, investment banks – disruption lies ahead for all of them. Their monopolies are all under threat from blockchain technology.

The techno-utopian bullshit goes on and on but

quote:

Bitcoin is currently experiencing some governance and scalability issues. Even so, the tech works, and coders are now developing ways to use blockchain tech for purposes beyond an alternative money system. From 2017, you will start to see some of the early applications creeping into your electronic lives.

thoughts and prayers fucked around with this message at 23:09 on Apr 25, 2016

Novo
May 13, 2003

Stercorem pro cerebro habes
Soiled Meat
we hold these truths to be self-evident, that society will be badass once we eliminate trust and consensus between people as the basis for all human activity and replace it with an implementation of a data structure


why has no one thought of this before

e: remove extra words

Novo fucked around with this message at 23:35 on Apr 25, 2016

Shalebridge Cradle
Apr 23, 2008


Novo posted:

we hold these truths to be self-evident, that society will be badass once once we eliminate trust and consensus between people as the basis for all human activity and replace it with an implementation of a data structure


why has no one thought of this before

TBF that sounds like every idiot techno utopian in Silicon Valley right now. Bitcoin just manages to be even stupider, while managing to making no one rich.

Pocky In My Pocket
Jan 27, 2005

Giant robots shouldn't fight!






https://blockchain.info/tx/cc455ae816e6cdafdb58d54e35d4f46d860047458eacf1c7405dc634631c570d

Parahexavoctal
Oct 10, 2004

I AM NOT BEING PAID TO CORRECT OTHER PEOPLE'S POSTS! DONKEY!!


I don't get it.

carticket
Jun 28, 2005

white and gold.

Parahexavoctal posted:

I don't get it.

Someone sent a .001 bitcoin transaction with a 291 bitcoin fee.

Bad Munki
Nov 4, 2008

We're all mad here.


Currency of the future.

Leperflesh
May 17, 2007

I remember that time I accidentally paid a $300 fee to withdraw $1.50 at a non-network ATM.

e. That bitcoin mistake is only a mere 100 times worse, so you know, pretty much still normal for a legit currency

Cojawfee
May 31, 2006
I think the US is dumb for not using Celsius
Hello. Is this the bitcoin decentral? Yes, I meant to send 291 bitcoins but I accidentally switched the fee and the amount? Can I do a chargeback?

Mercury_Storm
Jun 12, 2003

*chomp chomp chomp*
The only way to even ask would be to first find out which of the gigantic Chinese mining warehouses processed your transaction, learn Mandarin, and then see if they send you any response other than "Thanks for the coins, gently caress you."

Sywert of Thieves
Nov 7, 2005

The pirate code is really more of a guideline, than actual rules.

Mr. Powers posted:

Someone sent a .001 bitcoin transaction with a 291 bitcoin fee.

That's kinda funny since my Timehop showed me that it's exactly 1 year ago today that this happened:
https://www.reddit.com/r/buttcoin/comments/33u8vq

quote:

Holy Satoshi! Butter pays 85Btc transaction fees for a 16Btc transaction. Is this the largest fee ever paid?

I think I know what happened.
The transaction in question has inputs of 102.27137437 BTC and output of 16.37152845 BTC. The difference is treated as a fee, fees are not explicit.
Now let's convert it to satoshis and write in hexadecimal:
inputs: 0x2,6195,BB9D
outputs: 0x6194,F84D
Yes, this is a loving 32-bit integer overflow. Whatever software was used, it calculated the sum of all inputs using 32-bit variables, which overflow at about 20 BTC if signed or 40 BTC if not. The fee was supposed to be 0xC350 = 50,000 satoshis, but it turned out to be 0x2,0000,C350 = 8,589,984,592 satoshis.
Captains of the industry. If they were captains of any other industry, like say for example automotive, we'd have people dying in car crashes between two stationary vehicles.

Rusty!
Aug 25, 2005

Play Up Pompey
Pompey Play Up
Some Aussie has come forward as the mighty Satoshi

Zarithas
Jun 18, 2008

It seems there's a pretty good chance it's a hoax.

And related:

https://twitter.com/petertoddbtc/status/727078284345917441


Either way, this is gonna be good.

Paladinus
Jan 11, 2014

heyHEYYYY!!!

More like Cuntoshi Nakamate'o.

suck my woke dick
Oct 10, 2012

:siren:I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!:siren:

Put this cum-loving slave on ignore immediately!
Highlight: BBC used the original satoshi.jpg

Jen X
Sep 29, 2014

To bring light to the darkness, whether that darkness be ignorance, injustice, apathy, or stagnation.

blowfish posted:

Highlight: BBC used the original satoshi.jpg


amazing

Gromit
Aug 15, 2000

I am an oppressed White Male, Asian women wont serve me! Save me Campbell Newman!!!!!!!

That guy basically claimed the same thing months ago and his "proof" was found pretty lacking back then, too.

temple
Jul 29, 2006

I have actual skeletons in my closet
Lunch dad is the satoshi of my heart.

Cojawfee
May 31, 2006
I think the US is dumb for not using Celsius
I loved that when they thought it was Dorian, it was clear he had no idea what bitcoin was and he just wanted his free lunch. He even said he wouldn't talk about bitcoin until he had his free lunch.

Decrepus
May 21, 2008

In the end, his dominion did not touch a single poster.


temple posted:

Lunch dad is the satoshi of my heart.

Lunch Dad is the only virtuous person ever involved with bitcoin.

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Cojawfee posted:

I loved that when they thought it was Dorian, it was clear he had no idea what bitcoin was and he just wanted his free lunch. He even said he wouldn't talk about bitcoin until he had his free lunch.

To be fair, every buttlord knows the golden rule of no chargebacks. I bet this Australian bloke's also got his free lunch before the interview.

mikemil828
May 15, 2008

A man who has said too much

Zarithas posted:

And related:

https://twitter.com/petertoddbtc/status/727078284345917441


Either way, this is gonna be good.

http://gizmodo.com/gavin-andresen-i-was-not-hacked-and-i-believe-craig-w-1774226431

That Gavin guy has come out and said he wasn't hacked and yes he really does believe Craig Wright is Satoshi.

Lulz that nobody, not even bitcoins biggest proponents seem to know who the hell this Satoshi is, could be a goon playing the biggest scam ever for all we know.

Mozi
Apr 4, 2004

Forms change so fast
Time is moving past
Memory is smoke
Gonna get wider when I die
Nap Ghost
i'm satoshi. also banksy

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

Mozi posted:

i'm satoshi. also banksy

I'm Dank. I just levitated down here from my guitar cloud to post.

turbomoose
Nov 29, 2008
Playing the banjo can be a relaxing activity and create lifelong friendships!
\
:backtowork:
I'm a journalist, I'll just write whatever the gently caress I want with no fact checking ever!

90 mins later...oh...wait...

http://www.economist.com/news/briefings/21698066-onus-on-craig-wright-provide-better-evidence-satoshi-nakamoto

LethalGeek
Nov 4, 2009

mikemil828 posted:

http://gizmodo.com/gavin-andresen-i-was-not-hacked-and-i-believe-craig-w-1774226431

That Gavin guy has come out and said he wasn't hacked and yes he really does believe Craig Wright is Satoshi.

Lulz that nobody, not even bitcoins biggest proponents seem to know who the hell this Satoshi is, could be a goon playing the biggest scam ever for all we know.
Said wanna be Satoshi is running some butt related business that he's probably trying to leverage this nonsense into Actual Money. So you're 1/2 right.

Zarithas
Jun 18, 2008
Some of the reddit comments about the "conspiracy" are amazing.

https://www.reddit.com/r/Bitcoin/comments/4hjops/gavin_looks_really_nervous_whats_going_on/d2q4sj4

quote:

Great observation. Similar to "collateral damage" when talking about dead civilians, right? Professional deformation, Gavin or should I say CIA/Gavin or CIA+Gavin?

https://www.reddit.com/r/Bitcoin/comments/4hfs2d/peter_todd_if_gavinandresen_is_wrong_i_think_his/d2ph1mm

quote:

This whole story revolves around the CIA, and the whole pyramidic scheme behind the NWO.
Satoshi's probably on the run, and this guy's likely a shill.
Feels more like a psy-op than some barely outspoken creator.

Paladinus
Jan 11, 2014

heyHEYYYY!!!
https://www.youtube.com/watch?v=33VRygOXVTM&t=127s

Another victory for Bitcoin.

suck my woke dick
Oct 10, 2012

:siren:I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!:siren:

Put this cum-loving slave on ignore immediately!

Zarithas posted:

https://www.reddit.com/r/Bitcoin/comments/4hjops/gavin_looks_really_nervous_whats_going_on/d2q4sj4

quote:

Great observation. Similar to "collateral damage" when talking about dead civilians, right? Professional deformation, Gavin or should I say CIA/Gavin or CIA+Gavin?
:awesome::eyepop::chanpop::captainpop::gowron:
:vince:

Please tell me RMS commited this posting sin.

divabot
Jun 17, 2015

A polite little mouse!
This article is a useful overview of what an obvious con man Wright is and why his claim to be Satoshi is clearly BS; suitable for sharing with people who don't know much about Bitcoin.

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mikemil828
May 15, 2008

A man who has said too much
Looks like despite people claiming otherwise Craig Wright is doubling down, saying he's going to provide better evidence in the coming days.

http://www.bbc.com/news/technology-36193006

Is Wright not the Satoshi or simply just not their Satoshi? Looks like we'll find out sooner or later. Personally I hope he is, just for the sheer comedy.

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