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Jikes posted:The price of bitcoin is still bouncing around like a tennis ball. I'm glad I sold out, just trying to follow it was exhausting. I don't know how the people who have serious money in it do it. Maybe it's a thrill ride if you're playing with money you can lose, but if my 401k was in bitcoin I'd have a bleeding ulcer inside of a week. If you never cash out, you never lose money
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Jan 9, 2018 19:17
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has anyone made animecoin yet
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Jan 9, 2018 19:53
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Pochoclo posted:If you never cash out, you never lose money Just like in real stocks! Bitcoin is *LEGIT as gently caress* now!
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Jan 9, 2018 19:55
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jimmyjams posted:has anyone made animecoin yet
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Jan 9, 2018 20:07
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jimmyjams posted:has anyone made animecoin yet
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Jan 9, 2018 20:15
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I can offer you "Waifucoin" for small price of $20 000
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Jan 9, 2018 20:26
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https://www.ft.com/content/8c650b4c-f564-11e7-8715-e94187b3017e Shares in Kodak, the photography company which has struggled to keep pace with changing technology, surged around 40 per cent on Tuesday after the 129-year-old group announced it was launching a blockchain business. The New York state-based company announced that it was partnering with WENN Digital, part of the London-headquartered WENN media organisation, to create an encrypted digital ledger of ownership rights for photographers, using blockchain — the technology which underpins cryptocurrencies such as bitcoin.
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Jan 9, 2018 20:40
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Hahaha it's up 126% https://www.google.com/search?tbm=fin&q=NYSE:+KODK Crypto is not a mania because
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Jan 9, 2018 20:45
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At this point expect any company in its death throes to suddenly announce "BLOCKCHAIN!!!" to get some free
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Jan 9, 2018 21:20
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Inept posted:Hahaha it's up 126%
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Jan 9, 2018 21:29
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------
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Jan 9, 2018 21:31
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Inept posted:Hahaha it's up 126% Found this gem in an article about it: quote:“This is getting ridiculous,” said Dennis Dick, a proprietary trader at Bright Trading LLC in Las Vegas. “From a fundamental point of view, none of this makes sense.”
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Jan 9, 2018 21:53
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Jan 9, 2018 21:59
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Arrival was okay but the revelation was kinda weak
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Jan 9, 2018 22:01
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Let’s get tangled!
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Jan 9, 2018 22:02
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lol I just warranty deeded my house into an Ethereum smart contract. AMA quote:So we've now formed a startup company to bring this technology to the masses. We plan on building the coolest web3 app you've ever seen for real estate management through smart trusts. Everything from buying / selling, auctions, HELOC alternatives, RIET alternatives, options markets, and much more. We will be doing an ICO very soon.
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Jan 9, 2018 22:14
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I'm the government office employee calling security on a bitcoiner while they angrily wave around their ethereum smart contract insisting they bought the house from a stranger on the internet and they have the papers to prove it... if only you install the blockchain
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Jan 9, 2018 22:17
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Andy Dufresne posted:lol My only regret is that I have but one house to give for crypto
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Jan 9, 2018 22:22
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So how am I supposed to tell which crypto is going to be the one true crypto to end cryptos? Or do I just have to accept them all and spend all my fiat dollars on buying as much hard drive space as I can to store all the block chains necessary to keep track of my money?
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Jan 9, 2018 22:26
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what happens if your house token gets forked can you double spend your house
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Jan 9, 2018 22:28
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There's a /r/law thread commenting on the previously quoted post and it features this gem:quote:I'm reminded of the old "to a man with a hammer. . ." adage about everything looking like a nail.
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Jan 9, 2018 22:32
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Pochoclo posted:At this point expect any company in its death throes to suddenly announce "BLOCKCHAIN!!!" to get some free chapter 777: Blockchaindisruptcy!!!! 
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Jan 9, 2018 23:06
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Holy poo poo that Kodak bitcoin news is actually amazing https://twitter.com/chrisbhoffman/status/950861459302445056
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Jan 10, 2018 00:25
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It's not too late to change the forums to somethingblockchain.com and make us relevant again
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Jan 10, 2018 01:13
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ONE (1) bitcoin transaction now farts as much CO2 into the atmosphere as a typical passenger car does driving 40 miles. The energy footprint of the Bitcoin Network for processing transactions is well over a thousand times that of Visa's, in spite of having orders of magnitude fewer transactions to process. This is basically "rolling coal" for Extremely Online Libertarian tech nerds, and we need to pull the plug.
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Jan 10, 2018 01:19
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lazorexplosion posted:It's not too late to change the forums to somethingblockchain.com and make us relevant again mods? lowtax?
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Jan 10, 2018 01:20
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Wrote up today's entire Kodak shitshow. Someone also got screenshots of the coin site before they put up the "coming soon" splash. You will lol.
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Jan 10, 2018 01:32
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divabot posted:Wrote up today's entire Kodak shitshow. Someone also got screenshots of the coin site before they put up the "coming soon" splash. You will lol. That’s awesome! Thx
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Jan 10, 2018 01:39
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Genderfluent posted:Holy poo poo that Kodak bitcoin news is actually amazing Lmao
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Jan 10, 2018 01:40
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divabot posted:Wrote up today's entire Kodak shitshow. Someone also got screenshots of the coin site before they put up the "coming soon" splash. You will lol. So they are putting stock photo information on the blockchain because??? e: Also better hope KodakCoin isn't as volatile as every other crypto
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Jan 10, 2018 01:51
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because 
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Jan 10, 2018 01:52
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lazorexplosion posted:It's not too late to change the forums to somethingblockchain.com and make us relevant again Imagine if we had changed the name to BlockchainAwful.com 8 years ago when bitcoin came out - we would have like 100x the users
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Jan 10, 2018 02:34
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Dairy Days posted:because lol
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Jan 10, 2018 02:54
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How risky is it to short Kodak at this point? Like it’s obviously going in the gutter at some point but how long will the hype superinflate the stock?
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Jan 10, 2018 03:02
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The market can stay irrational longer than you can stay solvent. Long Blockchain Corp is still kicking along. AreWeDrunkYet fucked around with this message at 03:16 on Jan 10, 2018 |
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Jan 10, 2018 03:13
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Is there a list of companies that have rebranded or embraced blockchain and saw a stock jump?
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Jan 10, 2018 03:17
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Going long on Kodak at this point is literally playing Russian Roulette with your money, but worst case scenario is you just lose all of it due to Kodak declaring bankruptcy (like they already did a couple years ago, by the way) - I'd be tempted to put in a token £100 just for the thrill ride. Shorting, though? That's several orders of magnitude beyond bonkers, since you can lose a lot more than you put in when shorting a stock. And I'm pretty sure we'll see a lot of desperate companies do this poo poo in the coming weeks, until it becomes such a tired play that it stops having any effect.
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Jan 10, 2018 03:26
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Yea probably better buying options, worst case they expire worthless rather than leading to you owing infinite dollars.
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Jan 10, 2018 03:29
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well at least Jamie fessed up to being wrong https://twitter.com/WSJ/status/950761612352409601
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Jan 10, 2018 03:37
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they cut off his comment, he meant “the block chain is real dumb, and soyboy”
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Jan 10, 2018 03:40
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