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what about other cryptocurrencies like etheriumcoin are they trash and dumb too?
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Nov 28, 2017 03:00
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Han Solomon posted:what about other cryptocurrencies like etheriumcoin are they trash and dumb too? Ethereum gained ten times its value this year! Buy buy buy!
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Nov 28, 2017 03:04
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Han Solomon posted:what about other cryptocurrencies like etheriumcoin are they trash and dumb too? someone deleted $300 million somehow https://www.theguardian.com/technology/2017/nov/08/cryptocurrency-300m-dollars-stolen-bug-ether https://www.scmagazineuk.com/214-million-in-ethereum-crypto-currency-virtually-gone-after-code-deletion/article/706122/ Gumbel2Gumbel fucked around with this message at 03:13 on Nov 28, 2017 |
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Nov 28, 2017 03:11
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I have mates that keep hyping it up and im like dudes come on its a bad idea but theyre all "CRYPTOCURRENCIES ARE THE FUTURE" and "my etheriumcoins went up 20 dollars last night" i dont know what to do about it
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Nov 28, 2017 03:18
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Harm prevention. Educate them on the issues but its their choice. I just call it speculation and nobody can really argue against that. Whether they respect what means is on them.
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Nov 28, 2017 03:36
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There's no point in arguing with them over it, if they're smart then they'll exit before the bubble pops and you can let them buy you a beer, if they're dumb then they'll lose their investment and you can laugh about it together
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Nov 28, 2017 06:36
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I'm kinda sad that i spent what is equivalent to around 20k right now on drugs early on but maybe those drugs made me a better person and thats all that matters
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Nov 28, 2017 11:25
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quote:100% Backed quote:PURCHASE AND REDEMPTION OF TETHERS: The Site is an environment for the purchase and redemption of Tethers. Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency.
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Nov 28, 2017 13:52
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Today?
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Nov 28, 2017 14:16
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scott zoloft posted:Today? if it does it's gonna sit there for a fraction of a second and then tank to 9500
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Nov 28, 2017 14:37
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Deceptive Thinker posted:if it does it's gonna sit there for a fraction of a second and then tank to 9500 i'm stinkin' the same thing, tex
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Nov 28, 2017 16:52
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I took a look at r/bitcoin That place is like that "smartest guys in the room" doc about Enron.
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Nov 28, 2017 18:50
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Someone should prebuild a thread documenting the nerdrage when this thing crashes hard.
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Nov 28, 2017 18:52
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It's only a matter of time before big farms (China, wherever) turn from mining to brute force wallet hacking. That should be a fun time.
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Nov 28, 2017 19:02
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Sten Freak posted:It's only a matter of time before big farms (China, wherever) turn from mining to brute force wallet hacking. That should be a fun time.
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Nov 28, 2017 19:04
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Uranium 235 posted:that would be self-destructive Rita horny Michael
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Nov 28, 2017 19:07
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Drone_Fragger posted:The best thing is people going "ah, but the bitcoin market cap is more than General Electrics!!" As if this means anything at all. Lol if anyone thinks nerd dollars has a chance against the literal military industrial complex.
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Nov 28, 2017 19:18
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Uranium 235 posted:that would be self-destructive Mine, sell, hack E: Eventually all the coins will be found. No better use for all that hardware when that happens. Sten Freak fucked around with this message at 19:21 on Nov 28, 2017 |
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Nov 28, 2017 19:19
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Pretty sure the NSA could backdoor every mining rig out there and redirect efforts to their own wallet while echoing the original wallet name on the mining terminal output. They'd make like $500 in a day and destabilise the entire community.
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Nov 28, 2017 19:25
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Sten Freak posted:Eventually all the coins will be found. No better use for all that hardware when that happens.
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Nov 28, 2017 19:37
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10 more...
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Nov 28, 2017 19:49
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gently caress I should throw another stack at this, huh
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Nov 28, 2017 19:50
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Manic Technophile posted:Anyway i bought 0.5 btc today, wish me luck! jack off and calm down before you do something dumb
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Nov 28, 2017 19:51
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scott zoloft posted:jack off and calm down before you do something dumb I'm jacked off and calm.
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Nov 28, 2017 19:52
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hi should i buy some b-coin? thanks and namaste
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Nov 28, 2017 19:52
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The Great EMP cannot come soon enough.
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Nov 28, 2017 19:56
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Minimalist Program posted:I'm jacked off and calm. i've cum and now I'm ready to slam that sell bussy
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Nov 28, 2017 19:58
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My favorite bitcoin thing was explaining to my libertarian acquaintance who tried to claim that bitcoin is a currency controlled by people rather than governments, allowing an escape from the oppression of the establishment, is that the very first thing you need to own it is an internet connection and 120+GB of storage And most internet around the world is government-regulated
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Nov 28, 2017 20:07
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cOULD BITCOIN HAVE HAPPENED TO BEGIN WITH WITHOUT NET NUETRALITY? you know what, Im just gonna leave that sentence the way it is
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Nov 28, 2017 20:20
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Not a Children posted:My favorite bitcoin thing was explaining to my libertarian acquaintance who tried to claim that bitcoin is a currency controlled by people rather than governments, allowing an escape from the oppression of the establishment, is that the very first thing you need to own it is an internet connection and 120+GB of storage Also electricity and a functioning power grid.
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Nov 28, 2017 20:39
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Sten Freak posted:Mine, sell, hack it's a bad scheme the better scheme would just be to fork a different coin and throw their support behind it (basically what happened with bitcoin cash)
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Nov 28, 2017 21:14
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how liquid is this poo poo, anyway? Say someone put $1000 in 4 days ago and then wanted to withdraw their $1100 today? Just so nobody's worried, no I'm not going to buy bitcoins.
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Nov 28, 2017 21:24
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someone else said they just bought half a coin (currently valued at a little under 5k). ain't nobody worried.
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Nov 28, 2017 21:30
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WarEternal posted:how liquid is this poo poo, anyway? Say someone put $1000 in 4 days ago and then wanted to withdraw their $1100 today? the value would collapse immediately if someone were able to take their cash out
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Nov 28, 2017 21:31
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WarEternal posted:how liquid is this poo poo, anyway? Say someone put $1000 in 4 days ago and then wanted to withdraw their $1100 today? at that amount, it's liquid the more you have in there, the harder it is to get it out
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Nov 28, 2017 21:31
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WarEternal posted:how liquid is this poo poo, anyway? Say someone put $1000 in 4 days ago and then wanted to withdraw their $1100 today? You can withdraw $5000/day from Coinbase/GDAX with limited verification, and up to $20,000/day if you give them the same level of info you'd give to open a bank account If you're talking about trading volume it's north of $1 billion/day
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Nov 28, 2017 21:32
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Oh bitcoin operates using time as a currency The more you withdraw, the more power you use to decrypt large amounts of data. Hahaha C is a tough nut to crack! Further: ahahahahahhahahahahahagagahah libertarians are funding the literal deep state; you’re buying expensive utilities. Hahahahahahahhahahahah killmeimmafailure fucked around with this message at 21:36 on Nov 28, 2017 |
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Nov 28, 2017 21:32
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killmeimmafailure posted:Oh bitcoin operates using time as a currency You could more accurately say that it uses electricity as a currency. But miners aren't really spending any time decrypting anything; the whole point of proof of work is to just spend money wasting electricity
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Nov 28, 2017 22:07
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WarEternal posted:how liquid is this poo poo, anyway? Say someone put $1000 in 4 days ago and then wanted to withdraw their $1100 today?
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Nov 28, 2017 22:09
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How many bitcoins are in that wallet of Satoshi's that's lost forever? You can just look that up, right?
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Nov 28, 2017 22:26
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