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Facebook's lack of content creation and lack of payment for content creators is why it'll never catch up to YouTube though.
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Dec 5, 2017 04:42
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lol this is going to end in tears.
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Dec 5, 2017 07:32
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COMRADES posted:lol this is going to end in tears. Of joy!
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Dec 5, 2017 07:34
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Uranium 235 posted:no doubt that sinking all of your retirement funds into bitcoin is bad, but speculating in bitcoin isn't an all/nothing thing, you can use 1-2% of your retirement funds. imo that's fine for a young person with high risk tolerance Borrowing from a tax-advantaged account in order to speculate is the exact opposite of what any competent financial adviser would suggest, especially when you'll have to pay a ton of fees on top of taxes on the withdrawals if you happen to lose. It's a supremely bad idea but gamblers gonna gamble e: I'm serious do not tell people to borrow money from their 401k in order to speculate on bitcoin jesus christ
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Dec 5, 2017 10:47
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vortmax posted:I don't know what kind of janky third-rate bank you use, but when my bank's site is down for maintenance they usually warn me around a day in advance, and even when they don't there's a message right there on the main page about it, not buried at the bottom of some other page somewhere. A cursory google search shows that it's not even accurate lol For instance the very meaningful "market cap" of bitcoin is $200B. JP Morgan has $2600B in assets
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Dec 5, 2017 10:55
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lol at calling bitcoin a bank. it doesnt even begin to make sense
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Dec 5, 2017 11:15
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Uber is a house of cards built on a foundation of law-breaking, sexual harassment, and dumpsters of burning venture capital cash. They are a pretty good analogy for bitcoin.
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Dec 5, 2017 13:49
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  Here we goooooooo! 
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Dec 5, 2017 14:21
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maybe but i just don't know anymore....
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Dec 5, 2017 14:28
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Toys For rear end Bum posted:Here we goooooooo! It’s probably very fitting that I watched this for 10 seconds before going “I wonder when it goes up?” and then slapping my forehead
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Dec 5, 2017 14:35
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spandexcajun posted:It's not bitcoin, it's either, but I made $200 this weekend playing cryptokitties.co ! lol the cryptocats are now enough transaction volume that peeps are wringing their hands that it's at the expense of ~legitimate use~ of the cryptocurrency: http://www.bbc.com/news/technology-42237162
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Dec 5, 2017 18:23
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Coinbase still says minor service outage. Still can't buy coins.
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Dec 5, 2017 18:29
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QuarkJets posted:Borrowing from a tax-advantaged account in order to speculate is the exact opposite of what any competent financial adviser would suggest, especially when you'll have to pay a ton of fees on top of taxes on the withdrawals if you happen to lose. It's a supremely bad idea but gamblers gonna gamble you can have retirement funds that are not in tax-advantaged accounts, you know. for instance, where x is the amount you save for retirement of each month, you put 0.98x into a tax-advantaged account, then put 0.2x into an exchange that you use to speculate, with the aim of earning high enough returns that it makes up for the tax you have to pay. you can even use the earnings to fund a Roth IRA if you want
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Dec 5, 2017 18:29
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Pac-Manioc Root posted:lol the cryptocats are now enough transaction volume that peeps are wringing their hands that it's at the expense of ~legitimate use~ of the cryptocurrency: It's Satoshi Dice all over again
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Dec 5, 2017 18:29
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COMRADES posted:
Use Chrome. I had the same issue, read the FAQ on their support page, and it worked.
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Dec 5, 2017 18:41
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I'm on Chrome. Windows 10. e: Haven't tried from my home computer yet maybe that will work but it'll be this afternoon.
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Dec 5, 2017 18:43
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Cmon ETH crash you dastardly fuckhead! I want to buy back in and ride the rollercoaster again!
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Dec 5, 2017 18:54
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Uranium 235 posted:where x is the amount you save for retirement of each month, you put 0.98x into a tax-advantaged account, then put 0.2x into an exchange that you use to speculate bitcoinmath.txt
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Dec 5, 2017 19:10
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did you guys here that mtgox stands for "magic the gathering online exchange?"
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Dec 5, 2017 19:13
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Andy Dufresne posted:bitcoinmath.txt oops i mean 0.02x obviously
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Dec 5, 2017 19:23
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Pac-Manioc Root posted:did you guys here that mtgox stands for "magic the gathering online exchange?" It's not even the right kind of magic cards!! It's magic the gathering online cards!!
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Dec 5, 2017 19:23
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Ham Sandwiches posted:It's not even the right kind of magic cards!! It's magic the gathering online cards!! Welcome to the club
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Dec 5, 2017 19:25
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Uranium 235 posted:oops i mean 0.02x obviously I know, and I was mostly taking the piss but who knows if a missed decimal is why bitcoin is $10,000 instead of $1,000? It makes you think!
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Dec 5, 2017 19:28
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Ham Sandwiches posted:It's not even the right kind of magic cards!! It's magic the gathering online cards!! you're right, we should focus on the fact that they had multiple breaches and went bankrupt because their coins got "stolen" something like that could never happen today because all of the exchanges submit to regular aud-hahahahaha
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Dec 5, 2017 19:28
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exploded mummy posted:Welcome to the club The people that couldn't get over the name Mt Gox are some of the dumbest motherfuckers alive, if you're one of them then lol
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Dec 5, 2017 19:29
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Inept posted:you're right, we should focus on the fact that they had multiple breaches and went bankrupt because their coins got "stolen" Best to avoid cryptos lil bro, scared of risk and poverty ghosts, that's ok other people are willing to make some cash 
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Dec 5, 2017 19:30
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Even if Bitcoin becomes the most widely used currency in the world and makes traditional fiat currency obsolete, MTGOX will never not be funny. It’s not even a criticism of Bitcoin, it’s just a dumb loving thing that happens to be associated with it. An underground cash exchange called Pokémon Underground: Black Market would be just as funny to me, provided there were ample stories of would-be scammers getting scammed themselves.
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Dec 5, 2017 19:32
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Ham Sandwiches posted:The people that couldn't get over the name Mt Gox are some of the dumbest motherfuckers alive, if you're one of them then lol 
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Dec 5, 2017 19:33
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Ham Sandwiches posted:Best to avoid cryptos lil bro, scared of risk and poverty ghosts, that's ok other people are willing to make some cash I had bitcoins in mt gox and withdrew them in 2011, so I didn't lose any money unlike a lot of people. I still get spam emails because of the account info breach they had. There's a huge amount of risk in leaving your money in exchanges, and it's not affordable to transfer them to a private wallet because you take a $10 haircut in bitcoin fees to transfer them into and back out of your personal wallet. The exchanges badly need oversight and if you disagree you are dumb as hell
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Dec 5, 2017 19:34
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Ham Sandwiches posted:Best to avoid cryptos lil bro, scared of risk and poverty ghosts, that's ok other people are willing to make some cash Sure, cash if it's a low enough amount. Otherwise tethers. https://www.bloomberg.com/news/articles/2017-12-05/mystery-shrouds-tether-and-its-links-to-biggest-bitcoin-exchange quote:He said that in early November he tried to cash out $1 million of tether, a request Tether refused. Oh.
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Dec 5, 2017 19:38
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I spoke to an older professor at my University about Bitcoin. He's worried about it. (self.Bitcoin) I spoke to a computer science professor about Bitcoin and other blockchain technology because I'm starting a club and looking for an advisor. He told me he probably wouldn't be a good advisor, because he doesn't like bitcoin very much. Not wanting to be dismissive, I asked, "Why's that?" He's worried that Bitcoin will become so valuable that it will render his USD retirement fund obsolete. He believes bitcoin will go up so much that it he'll have no choice but to use it in the future. After a short conversation with him, he sent me to a professor with blockchain experience and said he's buying a couple of books on Bitcoin.
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Dec 5, 2017 19:42
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Taima posted:I spoke to an older professor at my University about Bitcoin. He's worried about it. (self.Bitcoin) Then he said I was very strong and handsome and gave me an A+ for the semester and everyone clapped.
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Dec 5, 2017 19:46
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Taima posted:I spoke to an older professor at my University about Bitcoin. He's worried about it. (self.Bitcoin) lmao this will end in loving tears.
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Dec 5, 2017 19:47
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Pac-Manioc Root posted:Then he said I was very strong and handsome and gave me an A+ for the semester and everyone clapped. I am a master of psychology *spits on the federal reserve*
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Dec 5, 2017 20:08
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I sold my balls for bitcoing but I'm holding on to my rear end. I'm going long in my rear end. I'm watching my rear end like a hawk, waiting for it to go up.
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Dec 5, 2017 20:13
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If Bitcoin drops below $.75 before 2020, I’ll kill Satan.
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Dec 5, 2017 20:18
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If Bitcoin hovers at exactly 420.69 for a period of 48 hours with no change before 2020, I’ll kill myself.
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Dec 5, 2017 20:20
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Yes this is the reason I'm not buying the Bitcoin - it's going to be TOO VALUABLE in the future
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Dec 5, 2017 20:33
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Uranium 235 posted:quote me where i said that The question was about borrowing from a 401k or IRA, to which I responded "you can borrow/withdraw from these accounts but it's a bad idea" So when you jump in and say "well actually using 1-2% of your retirement money to invest in crypto doesn't seem that bad" it seems natural to assume that you were talking about withdrawing money to invest (which was the topic), not diverting future investments (which was not the topic)
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Dec 5, 2017 22:48
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| # ? May 29, 2024 19:17 |
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In the year 2020, everyone will own bitcoin instead of USD. Except for the few remaining goon holdouts, who will continue to insist on a coming crash as they are hunted down like dogs by futuristic cyborg killing machines.
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Dec 5, 2017 22:53
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