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Ham Sandwiches
Jul 7, 2000

QuarkJets posted:

This can't be right, Ham Sandwiches said it's been 8 months since an exchange got hacked. This must be FUD spread by space jews who just want bitcoin to fall in price so they can buy more of it

A major exchange has gotten hacked every month this year but sssshhhh don't dispel the illusion

Ok real quick lets go back and see what I posted

quote:

cryptocurrencies (and the specific most popular one for the past year) appreciating 10x in ~6 months because they would have somehow lost all their money in some major exchange disaster that hasn't happened in the last 8 months

Where do you see the word hacked smart guy lmao

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Moxxis Endowment
Dec 11, 2017

by Nyc_Tattoo

Ham Sandwiches posted:

Where do you see the word hacked smart guy lmao
Wait, so losing 60 million bucks isn't a "major disaster" in your opinion? what?

Paladinus
Jan 11, 2014

heyHEYYYY!!!

Ham Sandwiches posted:

Ok real quick lets go back and see what I posted


Where do you see the word hacked smart guy lmao

Acquire crypto.

Ham Sandwiches
Jul 7, 2000

Moxxis Endowment posted:

Wait, so losing 60 million bucks isn't a "major disaster" in your opinion? what?

Yeah, a significant event that affected liquidity, the price of bitcoin, or otherwise made people reconsider cryptos. In April the reaction to the bitfinex news was quite significant, it gave people pause and made an impact.

The miscellaneous exchange and even mining hacks that happen from time to time have not had the same impact as what happened in April :shrug: Not even nicehash, has it made people stop mining or buying cryptos? nope

Alan G
Dec 27, 2003

Ham Sandwiches posted:

Yeah, a significant event that affected liquidity, the price of bitcoin, or otherwise made people reconsider cryptos. In April the reaction to the bitfinex news was quite significant, it gave people pause and made an impact.

The miscellaneous exchange and even mining hacks that happen from time to time have not had the same impact as what happened in April :shrug: Not even nicehash, has it made people stop mining or buying cryptos? nope

Would you say that finding $1billion of tether in the magic money tree has affected the price of bitcoin?

Ham Sandwiches
Jul 7, 2000

Alan G posted:

Would you say that finding $1billion of tether in the magic money tree has affected the price of bitcoin?

The tether stuff, much like the "You can use Cryptos for actual, legal ponzis" as well as "Did you know there's a porncoin" is part of the noise that comes with crypto, please choose accordingly where you invest your money

I suggest avoiding Tether as hard as you can

Paladinus
Jan 11, 2014

heyHEYYYY!!!
The number goes up. What do you not understand? Bigger number is gooder number, and number get bigger, get gooder. Big good number.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

Ham Sandwiches posted:

The tether stuff, much like the "You can use Cryptos for actual, legal ponzis" as well as "Did you know there's a porncoin" is part of the noise that comes with crypto, please choose accordingly where you invest your money

I suggest avoiding Tether as hard as you can

So we should avoid bitcoin, ether, and litecoin?

Paladinus
Jan 11, 2014

heyHEYYYY!!!
If bitcoin bad, how number go up? Bad never get big number. Bitcoin. Good.

Paladinus
Jan 11, 2014

heyHEYYYY!!!
Why I not buy bitcoin? Well, I'm a gigantic idiot, apparently.

Minimalist Program
Aug 14, 2010
Invest in my rear end.

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.

Minimalist Program posted:

Invest in my rear end.

I only invest in rear end with bonds :poolgirl:

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Minimalist Program posted:

Invest in my rear end.

I might

Where do I contact you for a hot session of large capital injection

CharlestonJew
Jul 7, 2011

Illegal Hen

Moxxis Endowment posted:

Wait, so losing 60 million bucks isn't a "major disaster" in your opinion? what?

that's like what, 3 bitcoins?

CassandraZara
Oct 21, 2012

by Nyc_Tattoo
Did they ever resolve that issue with like a million ethereum that were lost due to some guy accidentally deleting a line of code? I'd have to say that if I had a lot of faith in crypto, that would have shaken it.

Powershift
Nov 23, 2009


CassandraZara posted:

Did they ever resolve that issue with like a million ethereum that were lost due to some guy accidentally deleting a line of code? I'd have to say that if I had a lot of faith in crypto, that would have shaken it.

Get with the times, nobody has accidentally deleted a million ethereum in over a month, stop spreading FUD

CassandraZara
Oct 21, 2012

by Nyc_Tattoo
Well if they got their money back then it's all good but otherwise there's like a lot of money just fading into the ether...

necrotic
Aug 2, 2005
I owe my brother big time for this!

CassandraZara posted:

if they got their money back then it's all good

love those immutable ledgers

Moxxis Endowment
Dec 11, 2017

by Nyc_Tattoo

CassandraZara posted:

Well if they got their money back then it's all good but otherwise there's like a lot of money just fading into the ether...
:golfclap:

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

CassandraZara posted:

Did they ever resolve that issue with like a million ethereum that were lost due to some guy accidentally deleting a line of code? I'd have to say that if I had a lot of faith in crypto, that would have shaken it.

It was like 300 million, but that was Good For Ethereum because it only made them more rare!

Ruggan
Feb 20, 2007
WHAT THAT SMELL LIKE?!


excuse me... has anyone made a joke about “buttcoin” yet???

Ruggan
Feb 20, 2007
WHAT THAT SMELL LIKE?!


Just opened my starter pack of etherium coins... I got one rare foil wrapped coin!!!

CassandraZara
Oct 21, 2012

by Nyc_Tattoo

Comfy Fleece Sweater posted:

It was like 300 million, but that was Good For Ethereum because it only made them more rare!

Sounds like a Cobra Commander scheme. "All I have to do is destroy the world supply of ethereum and then I'll be the only one who has any!!!"

Ruggan
Feb 20, 2007
WHAT THAT SMELL LIKE?!


Actually genius idea - I’m gonna create a cryptocurrency that outputs loot boxes which can contain rare and super rare versions of the coin that can be worth 10 or 100 as much. I’ll also include power ups and stat boosts like an error tolerance booster that makes all your crypto solutions more likely to be accepted as a valid answer thereby increasing your coin output

Ruggan
Feb 20, 2007
WHAT THAT SMELL LIKE?!


You can also buy these with ingame I mean coin currency or with real money. Pay to win and all

treerat
Oct 4, 2005
up here so high i start to shake up here so high the sky i scrape

Ruggan posted:

Actually genius idea - I’m gonna create a cryptocurrency that outputs loot boxes which can contain rare and super rare versions of the coin that can be worth 10 or 100 as much. I’ll also include power ups and stat boosts like an error tolerance booster that makes all your crypto solutions more likely to be accepted as a valid answer thereby increasing your coin output

https://funfair.io
https://icobench.com/ico/arker

lots of others on this idea, when's your ico?

Ruggan
Feb 20, 2007
WHAT THAT SMELL LIKE?!


treerat posted:

https://funfair.io
https://icobench.com/ico/arker

lots of others on this idea, when's your ico?

drat, I guess it shouldn’t surprise me, but it does

LP0 ON FIRE
Jan 25, 2006

beep boop
I attempted just out of curiosity to buy some BTC (well a small fraction) and I’ve been having way too much trouble to see that it’s worth it at this point. Everything seems to have slowed down to a full halt for the Coinbase app. Credit card exchanges to BTC are supposed to be instant, but they haven’t shown up at all. There is no human support in sight available resulting from sudden popularity.

a cyberpunk goose
May 21, 2007

Fartbox posted:

I wish I was rich :unsmith:

I could buy so much stuff... So much cheese, for example. I could make women wear the cheese for me. Beautiful women in cheese-clothes. Then we'd go into a sauna and the cheese would melt

there'd be cheese everywhere :unsmith:

N... notch??

divabot
Jun 17, 2015

A polite little mouse!

Ruggan posted:

drat, I guess it shouldn’t surprise me, but it does

Rule 21 Million: there is no joke application for crypto that does not already have multiple instances

Moxxis Endowment
Dec 11, 2017

by Nyc_Tattoo

divabot posted:

Rule 21 Million: there is no joke application for crypto that does not already have multiple instances
Are there other rules? Enumerating these sounds like fun.

CassandraZara
Oct 21, 2012

by Nyc_Tattoo
Rule 7: Bitcoin can't handle more than seven transactions per second

HCFJ
Nov 30, 2009

WILL AMOUNT TO NOTHING IN LIFE.
coints about to gently caress 20k. will this nice round number cause normies to flashcrash? Find out next time on dragoncoin z

Nessus
Dec 22, 2003

After a Speaker vote, you may be entitled to a valuable coupon or voucher!



Have the legacy press been informed about this Tether business?

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Nessus posted:

Have the legacy press been informed about this Tether business?

No... please... DONT

Nessus
Dec 22, 2003

After a Speaker vote, you may be entitled to a valuable coupon or voucher!



Comfy Fleece Sweater posted:

No... please... DONT
I have written a damning missive to Thomson-Reuters. Buttcoin is FINISHED!

divabot
Jun 17, 2015

A polite little mouse!

Nessus posted:

Have the legacy press been informed about this Tether business?

The deprecated failing fiat-based New York Times

I can assure you that every finance journalist is watching this one, popcorn to hand. The main problem with actually informative bitcoin coverage is that the mechanics of it are obscure and tedious - nobody cares, even when they're highly relevant. Also, bitcoin is good for headlines but in any practical terms it's just a blip in finance. So they have trouble getting their editors to care. You'll see detailed analyses after it falls over. Probably.

Nessus
Dec 22, 2003

After a Speaker vote, you may be entitled to a valuable coupon or voucher!



divabot posted:

The deprecated failing fiat-based New York Times

I can assure you that every finance journalist is watching this one, popcorn to hand. The main problem with actually informative bitcoin coverage is that the mechanics of it are obscure and tedious - nobody cares, even when they're highly relevant. Also, bitcoin is good for headlines but in any practical terms it's just a blip in finance. So they have trouble getting their editors to care. You'll see detailed analyses after it falls over. Probably.
How did they ever find the time between going out to rural Ohio and Penn. to interview fat aging whites?

Also, Andreas confirmed for nocoiner: http://www.afr.com/markets/top-bitcoin-advocate-andreas-antonopoulos-calls-bubble-20171214-h0544h

quote:

"What we're seeing is a straightforward grassroots bubble driven by speculation and greed," said Andreas M. Antonopoulos, author of Mastering Bitcoin and The Internet of Money, on Friday afternoon.

"Given so many new participants know very little about the technology, that's even more dangerous as they are taking on a serious amount of risk.

"And as such, the added congestion means bitcoin is not currently functioning as originally designed."

...

"Bitcoin is just overrun with the trolls and the money grabbers and the scammers and the pyramid schemes at the moment," said Mr Antonopoulos.

"But underneath all of that noise is a wonderful community of intelligent people who are not motivated by money and who are committed to this decentralisation project. That heartens me amid all of this."
He knows where his bread is buttered at least.

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Nessus posted:

How did they ever find the time between going out to rural Ohio and Penn. to interview fat aging whites?

Also, Andreas confirmed for nocoiner: http://www.afr.com/markets/top-bitcoin-advocate-andreas-antonopoulos-calls-bubble-20171214-h0544h
He knows where his bread is buttered at least.

Whoa, even Mister Bitcoin knows it’s a bubble. That’s pretty clear.

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Nessus
Dec 22, 2003

After a Speaker vote, you may be entitled to a valuable coupon or voucher!



Comfy Fleece Sweater posted:

Whoa, even Mister Bitcoin knows it’s a bubble. That’s pretty clear.
Clearly he just got bought out by the reptiloid bankers.

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