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Ten hours ain’t no thing. I have kids so up at silly loving o’clock anyway... Anyone remember the old game dopewars? You had to buy drugs in one location and hen travel and try and sell them for a profit there? It was all about telling what was cheap to buy and poo poo and I loved it! http://www.abandonwaredos.com/abandonware-game.php?gid=2067 Actually gently caress I might make a clone for iOS  Anyway bitcoin reminds me of that!
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Dec 11, 2017 11:51
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Gobbeldygook posted:Yes. If you want a transaction processed in the next block (ie within 10 minutes) you're looking at a $15 fee per input. That's completely unacceptable for any in-person usage and unusable for most legit online purposes. Meanwhile, here in Australia
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Dec 11, 2017 11:59
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thegasman2000 posted:Ten hours ain’t no thing. I have kids so up at silly loving o’clock anyway... loved this cooler edgelord version of lemonade stand
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Dec 11, 2017 12:28
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Gobbeldygook posted:Probably the biggest "legitimate" user Bitcoin is Backpage. They only accept Bitcoin for ads which works out for them because all their revenue comes from prostitution ads. That's probably why there's a Bitcoin ATM next to the airport in my city. The only Bitcoin ATM in my city is in a Lebanese kebab shop. Not sure what the logic is there, perhaps it's a hint they sell drugs.
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Dec 11, 2017 12:33
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Computer Serf posted:loved this cooler edgelord version of lemonade stand There is an iOS clone! Goodbye days productivity
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Dec 11, 2017 12:39
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a hot gujju bhabhi posted:he already owns the bitcoins what difference does it make if he goes public about it or not?
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Dec 11, 2017 13:37
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Uranium 235 posted:because as soon as bitcoins move from that address, everyone will know about it I hope Hiroshima "Punished Snake" Satoshi finds it in his computer heart to move millions of bitcoin directly into my rear end.
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Dec 11, 2017 13:42
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thegasman2000 posted:Ten hours ain’t no thing. I have kids so up at silly loving o’clock anyway...
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Dec 11, 2017 13:44
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Uranium 235 posted:lol i thought the same thing the other day. i played dopewars at a summer camp at a fairly conservative religious college, for some reason it was installed on all the PCs in one of the computer labs Lol everyone at my school had a dopewars clone on our TI-82s. It was actually pretty impressive. I also bought in on some crypto because it's been a while since I've wasted beer money on gambling. The thought of taking out a loan/trading on margin with this poo poo is  jesus christ
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Dec 11, 2017 14:32
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I made 200 pounds dicking around with this nonsense in the last few days, I am now more successful than the overwhelming majority of bitcoin traders ask me anything.
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Dec 11, 2017 14:58
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Mr Teatime posted:I made 200 pounds dicking around with this nonsense in the last few days, I am now more successful than the overwhelming majority of bitcoin traders ask me anything. Should I invest all my life savings into bitcoin or should I do that and also take loan to invest into bitcoin?
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Dec 11, 2017 15:01
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Mr Teatime posted:I made 200 pounds dicking around with this nonsense in the last few days, I am now more successful than the overwhelming majority of bitcoin traders ask me anything. Do you have your money in the bank yet?
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Dec 11, 2017 15:05
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I feel that people investing in bitcoin now are late to the party and have the greatest risk for smallest reward. Now alt coins it’s all Mental. Iota, eth and the like can be had cheap as shot and anyone of them could go massive for long enough for you to cash out. I guess the beat bet is invest a little in each of the top 20 and play the numbers.
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Dec 11, 2017 15:05
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Sickening posted:Do you have your money in the bank yet? What does your heart tell you?
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Dec 11, 2017 15:06
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thegasman2000 posted:I feel that people investing in bitcoin now are late to the party and have the greatest risk for smallest reward. Now alt coins it’s all Mental. Iota, eth and the like can be had cheap as shot and anyone of them could go massive for long enough for you to cash out. I guess the beat bet is invest a little in each of the top 20 and play the numbers.
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Dec 11, 2017 15:42
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I would think all but one!
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Dec 11, 2017 15:45
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The small cap alts are where the pump and dumps take place, avoid those like the plague. Also with the Lightning Network gearing up they will be much less useful.
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Dec 11, 2017 15:45
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Bust Rodd posted:Our parents generation enjoyed the greatest economic prosperity this country has ever known. Millenials as a unit are destined to fail upward, accomplish nothing, and simply inherit our parents cars, homes, and businesses when they die. Yeah, great for the 30% or so of society with positive net worth. The rest of us are just going to laugh as the Boomers panic when there isn't anyone who can afford to buy all the property they've been hoarding at the rates they need in order to fund their retirement.
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Dec 11, 2017 15:51
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wide stance posted:The small cap alts are where the pump and dumps take place, avoid those like the plague. Lightning network is going to fix everything.
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Dec 11, 2017 15:55
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wide stance posted:The small cap alts are where the pump and dumps take place, avoid those like the plague. lol if you think the lightning network will make bitcoin work. Like not only will it not work even if it was adopted by users but it isn't even going to be adopted in the first place.
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Dec 11, 2017 15:59
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lazorexplosion posted:lol if you think the lightning network will make bitcoin work. Like not only will it not work even if it was adopted by users but it isn't even going to be adopted in the first place. re: lightning network quote:A Long Road Ahead https://www.investopedia.com/news/bitcoins-lightning-network-game-changer/
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Dec 11, 2017 16:13
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Dec 11, 2017 16:27
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Soooooo, I apparently bought $1k worth of LiteCoin when I was drunk on Saturday night.
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Dec 11, 2017 16:33
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Solice Kirsk posted:Soooooo, I apparently bought $1k worth of LiteCoin when I was drunk on Saturday night. Your position is up like $300, why don't you LiQUiDaTe?
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Dec 11, 2017 16:40
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EAT FASTER!!!!!! posted:Your position is up like $300, why don't you LiQUiDaTe?
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Dec 11, 2017 16:42
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So I guess it shouldn't surprise me, but North Korea is hacking exchanges I guess. https://news.sky.com/story/north-korea-is-hacking-soaring-bitcoin-exchanges-say-researchers-11162155
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Dec 11, 2017 17:10
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Solice Kirsk posted:Soooooo, I apparently bought $1k worth of LiteCoin when I was drunk on Saturday night. Lol As mentioned, cryptos are fueled by stupidity (or alcohol in this case). There’s room to grow 
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Dec 11, 2017 17:13
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EAT FASTER!!!!!! posted:Your position is up like $300, why don't you LiQUiDaTe? You're i the Stock and Trading thred with me. The original plan I was kicking around was to just take profits, if any, once a month.
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Dec 11, 2017 17:16
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divabot posted:That's deep in jargon, but the guy is asking how merchants in Arnhem can use Bitcoin when fees and delays for on-chain transactions are through the roof. Back's answer - admitting that Lightning isn’t wallet-ready - is: keep a tab off chain or something, and reconcile to the blockchain later. “Maybe the shops in the local area could make a shared tab.” So it's official: the best way to use Bitcoin as a merchant is not to use Bitcoin. The currency has gone up literally 18x the value since I made my  off it. Last year.And it's hitting record highs thanks to new and exciting opportunities in Comfy Fleece Sweater posted:Lol It's truly a great time to be an internet comedian.
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Dec 11, 2017 17:16
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Burt Sexual posted:So I guess it shouldn't surprise me, but North Korea is hacking exchanges I guess. quote:Ashley Shen, an independent security researcher, said: "We assume one of the reasons why Bitcoin is being attacked is because the price keeps increasing and we think it's reasonable for hackers (to target). No, that can't be it.
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Dec 11, 2017 17:17
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Where does the guy that got brain damage from the heat from his rig fit in?
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Dec 11, 2017 17:24
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The Lightning Network will definitely solve the Bitcoin transaction clog when we solve just a few minor problems!! 1. It doesn't exist. 2. To use a payment channel, you have to commit all the money you ever expect to use to the payment channel. (Your year's groceries, in advance!) 3. If the other side drops off, your commited money is stuck in the channel for up to a year. (This detail is fuzzy, depending on what answer the person you ask will be Good News for Bitcoin at that moment.) 4. The big one: The actual network cannot be routed over (from arbitrary point A to arbitrary point B) without a complete map of the entire network as of that moment. This completely blows away the claims of privacy. (The current alpha software supplies such a map.) To route over a mesh network without a complete map of the entire network to hand is literally an unsolved problem in computer science; past approximations to this problem (e.g. UUCP mail) all used "complete map", "route by hand" or both. 5. LN proponents keep asserting that the network totally won't naturally devolve from an egalitarian mesh to a centralised hub-and-spoke model, because reasons. 6. You need not just a path through the network, but to then negotiate or have negotiated passage for your pseudobitcoins with every node along the way. 7. A bunch of other stupidities, like ways to gently caress over your partner in a payment channel by sending the previous transaction upstream to the miners as closure rather than the actual final transaction, etc. But first you have to solve the previous ones. 8. The performance of the current alpha software is lower than the current Bitcoin network. but LN totally solves Bitcoin scaling and is the new paradigm, even if it's an idea of such perfection it could only be spoiled by being, y'know, implemented
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Dec 11, 2017 17:32
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divabot posted:an idea of such perfection it could only be spoiled by being, y'know, implemented There's your new thread title folks.
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Dec 11, 2017 17:40
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Sorry guys this all seems super hard to parse, but as of today, with Bitcoins being in the tens of thousands, what is he most secure and legitimate way to turn it into cash? Are their real people cashing out 5-6 bitcoins to the tune of 60grand in cash anywhere? Also shout out to the goon that pointed out they don’t feel bad about missing out on the ground floor of Bitcoin because they would had their wallet stolen by now is amazing, there’s not way I wouldn’t have been on MtGox when it crashed
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Dec 11, 2017 17:41
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while everyone is distracted by bitcoin I'm going to buy land
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Dec 11, 2017 17:42
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Bust Rodd posted:Sorry guys this all seems super hard to parse, but as of today, with Bitcoins being in the tens of thousands, what is he most secure and legitimate way to turn it into cash? Are their real people cashing out 5-6 bitcoins to the tune of 60grand in cash anywhere? itBit, Coinbase, Gemini, Bitstamp, or illegal over-the-counter transactions on LocalBitcoins or Paxful. Well, the last two aren't illegal if you're a properly licensed and bonded money transmitter.
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Dec 11, 2017 17:49
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Burt Sexual posted:So I guess it shouldn't surprise me, but North Korea is hacking exchanges I guess.
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Dec 11, 2017 17:50
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Bust Rodd posted:Sorry guys this all seems super hard to parse, but as of today, with Bitcoins being in the tens of thousands, what is he most secure and legitimate way to turn it into cash? Are their real people cashing out 5-6 bitcoins to the tune of 60grand in cash anywhere? Are you a tucking idiot? Why would you exchange Bitcoin into stupid fiat cash when it’s still growing in value? loving nocoiners like you PISS ME OFF!!!!!1 quote:Yes, I think $400,000 is possible, or at least some price at that scale (and maybe not for many years).
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Dec 11, 2017 17:54
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Bust Rodd posted:Sorry guys this all seems super hard to parse, but as of today, with Bitcoins being in the tens of thousands, what is he most secure and legitimate way to turn it into cash? Are their real people cashing out 5-6 bitcoins to the tune of 60grand in cash anywhere? I know one in real life person that is transacting tens of thousands of Bitcoin liquidation trades per week with no problems at all. Aside from it taking a few business days to go from Bitcoin->Cash in his digital wallet->cash in his bank account there doesn't seem to be any issue at all.
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Dec 11, 2017 18:03
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My friend of a friend knows a guy who legit gets money out no problem.
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Dec 11, 2017 18:05
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