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https://twitter.com/bitcoins_future/status/953292387887001600
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Jan 16, 2018 16:52
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Andy Dufresne posted:Today I sold an S9 to a guy, and his story was a gut punch Uh, what. This sounds like a dude who is desperate to help his family trapped in a country with hyper inflation, failing economy, and riots over food. Venezuela is turbofucked.
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Jan 16, 2018 16:54
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If you could buy bitcoin with Bolivar I'd say it was a really good deal.
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Jan 16, 2018 16:56
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Barudak posted:Uh, what. This sounds like a dude who is desperate to help his family trapped in a country with hyper inflation, failing economy, and riots over food. Venezuela is turbofucked. It was a joke, but he had $4000 in real money to start with. Not sure what my mom would even do if I sent her bitcoin cash.
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Jan 16, 2018 16:58
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Barudak posted:Uh, what. This sounds like a dude who is desperate to help his family trapped in a country with hyper inflation, failing economy, and riots over food. Venezuela is turbofucked. Yes what his family needs there is Bitcoins. The way they will cash out Bitcoins in a country with no functioning infrastructure, or financial sector and extremely high crime is Rad Russian fucked around with this message at 17:07 on Jan 16, 2018 |
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Jan 16, 2018 17:04
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lol i went to look at coindesk's lovely market graph today and noticed the ads at the top:   bitcoin is already a total nightmare if you actually know things about : the internet, computers, money, the impossible depths of human insanity i can't imagine being an old or illiterate person who is trying to "break into" any of this poo poo edit: hahaha the first ad: "penny cryptos"
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Jan 16, 2018 17:16
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Barudak posted:Uh, what. This sounds like a dude who is desperate to help his family trapped in a country with hyper inflation, failing economy, and riots over food. Venezuela is turbofucked. lmao, man in country ravaged by undependable currency invests heavily in unregulated undependable currency
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Jan 16, 2018 17:29
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For anyone following along on the slow death of Celery, they have now missed their deadline to supply their account holders with the promised Bitcoin Cash before shutting down. I already turned the bitcoin I had on deposit into Cash Cash and BCH has tanked anyway, so big deal, but again this is a good lesson in the potential hazards of keeping a balance on an exchange. There has been no further motion from Celery since they opened back up for withdrawals, I doubt we'll ever see the BCH from the fork.
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Jan 16, 2018 17:31
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Jikes posted:For anyone following along on the slow death of Celery, they have now missed their deadline to supply their account holders with the promised Bitcoin Cash before shutting down. I already turned the bitcoin I had on deposit into Cash Cash and BCH has tanked anyway, so big deal, but again this is a good lesson in the potential hazards of keeping a balance on an exchange. There has been no further motion from Celery since they opened back up for withdrawals, I doubt we'll ever see the BCH from the fork. boy i sure hope market forces never encourage non-believers to perform a huge market run
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Jan 16, 2018 17:33
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Rad Russian posted:Yes what his family needs there is Bitcoins. The way they will cash out Bitcoins in a country with no functioning infrastructure, or financial sector and extremely high crime is Somehow always left unsaid
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Jan 16, 2018 17:33
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I like when the numbers go down.
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Jan 16, 2018 17:39
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What if the bubble never really bursts but survives til the end of capitalism like this crazy speculation online game it became
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Jan 16, 2018 17:41
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Andy Dufresne posted:Today I sold an S9 to a guy, and his story was a gut punch You can’t send USD to Venezuela 🙄 They go to Colombia and trade it for “real money” there
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Jan 16, 2018 17:43
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Elias_Maluco posted:What if the bubble never really bursts but survives til the end of capitalism like this crazy speculation online game it became i think this is possible because im not sure the world has had a mostly-headless consensus driven global ponzi machine before. no really
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Jan 16, 2018 17:44
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Do not try and bend the cryptocrash, that's impossible. Instead, only try to realize the truth...there is no crash. Then you will see it is not the cryptocrash that bends, it is only yourself. Lol
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Jan 16, 2018 17:56
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bitcoin markets are basically the gom jabbar for reddit neo-techno-capitalists
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Jan 16, 2018 17:59
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shitcoin
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Jan 16, 2018 18:04
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Clearly cryptocoins aren't crashing, every other currency is just gaining value compared to them, across the board.
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Jan 16, 2018 18:33
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Please... won't someone buy Bitcoin... Please.... not like this... not... like... this 
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Jan 16, 2018 18:34
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lol That would make it 2x more than all the USD cash/coins in circulation just btw.
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Jan 16, 2018 18:36
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COMRADES posted:lol more proof crypto is not a bubble, it's the pin 
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Jan 16, 2018 18:41
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Konar posted:more proof crypto is not a bubble, it's the pin whoa,man o_o
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Jan 16, 2018 18:43
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https://twitter.com/AntPoolBITMAIN/status/953273283524227072 Looks like more good things for Bitcoin!
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Jan 16, 2018 18:44
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I just popped over to CNBC because they have kind of been pimping Bitcoin lately to see what they had to say and they have published an article on why Bitcoin isn't worthless by an expert: https://www.cnbc.com/2018/01/16/skeptics-say-bitcoin-has-no-value-heres-why-theyre-wrong.html CNBC posted:Many believe the cryptocurrency's utility lies in its potential to be a more efficient commodity than we already have. Proponents of bitcoin like it for a number of reasons. It's really remarkable how many Bitcoin "experts" there are that have no loving clue about Bitcoin. Yep, go ahead and buy that doughnut with Bitcoin, I want to see it.
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Jan 16, 2018 18:47
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Don't worry, crypto has been saved by esports https://www.bestmeta.gg/
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Jan 16, 2018 18:51
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I feel the need to restate that this poo poo won't really crash until enough has been invested that the crash causes some serious economic crisis.
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Jan 16, 2018 18:52
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CNBC posted:it can't be toppled by corruption at the top crypto is unique in that the top, middle, and bottom are composed solely of corruption
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Jan 16, 2018 18:53
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Moon Atari posted:I feel the need to restate that this poo poo won't really crash until enough has been invested that the crash causes some serious economic crisis. Like what?
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Jan 16, 2018 18:54
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Three Olives posted:I just popped over to CNBC because they have kind of been pimping Bitcoin lately to see what they had to say and they have published an article on why Bitcoin isn't worthless by an expert: If only we could turn a dollar into pennies... Can someone please explain tether to me, I can never seem to find a proper explanation. Everything I know about it says it overly complicated.
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Jan 16, 2018 18:58
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Three Olives posted:I just popped over to CNBC because they have kind of been pimping Bitcoin lately to see what they had to say and they have published an article on why Bitcoin isn't worthless by an expert: Wow I've been looking for a currency that can be used to buy both doughnuts and mansions, where do I sign?
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Jan 16, 2018 18:59
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Just posting in solidarity. If you don't hodl now you don't deserve the coming gains
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Jan 16, 2018 19:08
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related: https://techcrunch.com/2018/01/15/researchers-finds-that-one-person-likely-drove-bitcoin-from-150-to-1000/
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Jan 16, 2018 19:11
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Darth TNT posted:Can someone please explain tether to me, I can never seem to find a proper explanation. Everything I know about it says it overly complicated. Tether is an IOU for U.S. currency with fine print on the bottom saying it cannot ever be redeemed for actual currency.
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Jan 16, 2018 19:12
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Darth TNT posted:Can someone please explain tether to me, I can never seem to find a proper explanation. Everything I know about it says it overly complicated. 
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Jan 16, 2018 19:14
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Also we "lost" half your bitcoins in a "hack" but we've replaced them with tether so it's all cool right?
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Jan 16, 2018 19:15
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Burt Sexual posted:Like what? Think of events like the GFC, dotcom bust, or even the implosion of individual entities like enron or madoff. These events had very bad effects that hit enough of the economy that it was felt far off, by people who didn't even participate in the bubble.
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Jan 16, 2018 19:15
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Darth TNT posted:If only we could turn a dollar into pennies... https://www.bloomberg.com/news/articles/2017-12-05/mystery-shrouds-tether-and-its-links-to-biggest-bitcoin-exchange Except $814 million is now about $1.5 billion
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Jan 16, 2018 19:17
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Konar posted:more proof crypto is not a bubble, it's the pin drat. Really makes you think
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Jan 16, 2018 19:19
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Dropping again, hopefully this one drops below 10k 
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Jan 16, 2018 19:24
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Moon Atari posted:Think of events like the GFC, dotcom bust, or even the implosion of individual entities like enron or madoff. These events had very bad effects that hit enough of the economy that it was felt far off, by people who didn't even participate in the bubble. eh, honestly i'm more worried about the Dow crash coming.
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Jan 16, 2018 19:28
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