Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
VictorianQueerLit
Aug 25, 2017

Double Bill posted:

Almost below 8k again, hold on to your butts

The true believers are currently soothing themselves with technical analysis that predicts a meteoric rise.

The only thing the charts seem to accurately measure is how much doubt the person making them has while still somehow holding onto the moon philosophy. They are certain of profits but can't agree on how terrible things are going to be for how long to get there.

Adbot
ADBOT LOVES YOU

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here
Did the new tether run out again?

wide stance
Jan 28, 2011

If there's more than one way to do a job, and one of those ways will result in disaster, then he will do it that way.

kordansk posted:

How come companies sell asic mining machines? If they believe the market is there to make money from them clearly it's more worthwhile to not sell them and just manufacture them and hook them up themselves for months until they're barely profitable and then resell them to idiots (unethical). If they believe the opposite, aka the truth (that bitcoin and altcoins are a bubble waiting to burst and crash to zero value), they are just selling something that clearly they intend to take advantage of people for which seems unethical in general.

One answer is because they're a manufacturer who know a lot more about building assembly lines than data centers with massive cooling needs.

Also less risk, it's much easier to convert the assembly line to build other stuff than to have a big old useless data center for when things go tits up.

Note I don't necessarily believe in any of this, I just like speculating about this sort of thing.

Sashimi
Dec 26, 2008


College Slice

The End posted:

Time for some sweet pump and dump action!
Bitcoin is starting to sound like a serial date rapist with how often this happens.

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

Sashimi posted:

Bitcoin is starting to sound like a serial date rapist with how often this happens.

This is just FUD, are you even reading yourself? Bitcoin is a legitimate digital currency that was used by Steam, and only briefly suspended because it got so popular the payments network slowed down too much. But these are fixable problems if you’re looking. Now is the time to buy.

https://www.youtube.com/watch?v=3PcR4HWJnkY

Dead Like Rev
Sep 6, 2010

"The dead walk among us."



Comfy Fleece Sweater posted:

This is just FUD, are you even reading yourself? Bitcoin is a legitimate digital currency that was used by Steam, and only briefly suspended because it got so popular the payments network slowed down too much. But these are fixable problems if you’re looking. Now is the time to buy.

https://www.youtube.com/watch?v=3PcR4HWJnkY

"Drink the kool-aid, i swear its not poison and you wont die with the rest of us." Also, LOL Legitmate currency. The loving bitcoin conference couldn't even accept bitcoin to buy tickets.

joats
Aug 18, 2007
stupid bewbie
It's not a bubble butt.

Harveygod
Jan 4, 2014

YEEAAH HEH HEH HEEEHH

YOU KNOW WHAT I'M SAYIN

THIS TRASH WAR AIN'T GONNA SOLVE ITSELF YA KNOW

Comfy Fleece Sweater posted:

was used by Steam, and only briefly suspended...
https://www.youtube.com/watch?v=3PcR4HWJnkY

Wait, do they accept it again?

Hillary 2024
Nov 13, 2016

by vyelkin
Gah. Stop comparing Bitcoin to the Internet.

BattleMaster
Aug 14, 2000


good thing I haven't tried to hold onto cash for 110 years

QuarkJets
Sep 8, 2008

Which currency can I use to buy groceries, again? Was that cash or tether?

SpacePig
Apr 4, 2007

Hold that pose.
I've gotta get something.

QuarkJets posted:

Which currency can I use to buy groceries, again? Was that cash or tether?

Find a useful mnemonic device for it. If you want goods or food, you need cash, my dude. But drugs or child porn? That's what crypto is for!

GRINDCORE MEGGIDO
Feb 28, 1985


Drugs or cp? pedocoin for me!

Fur20
Nov 14, 2007

すご▞い!
君は働か░い
フ▙▓ズなんだね!

Waltzing Along posted:

Did the new tether run out again?

they'll fire up the tether again after they get back from the office max

Dead Like Rev
Sep 6, 2010

"The dead walk among us."



GRINDCORE MEGGIDO posted:

Drugs or cp? pedocoin for me!

Don't forget goatse coin, when you absolutely gotta have an old man gaping his rear end in a top hat, Goatse coin, now worth $1 each or some poo poo.

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC


WEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!

ephex
Nov 4, 2007





PHWOAR CRIMINAL
Aaaand it's below $8000 :D

Andy Dufresne
Aug 4, 2010

The only good race pace is suicide pace, and today looks like a good day to die
Ok no really guys this is the last chance to buy discount bitcoins under $8000.

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC


lmfao owned

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

ephex posted:

Aaaand it's below $8000 :D

So? Buy on the dip and sell when it goes back up 🤷🏻‍♂️

Do you people need your food chewed for you too? I can’t make you earn your own money, I can’t move your brain cells for you !

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC

Comfy Fleece Sweater posted:

So? Buy on the dip and sell when it goes back up 🤷🏻‍♂️

Do you people need your food chewed for you too? I can’t make you earn your own money, I can’t move your brain cells for you !

Too late just jumped $200.

A total normal thing for a currency to do.

Fame Douglas
Nov 20, 2013

by Fluffdaddy
Whole lotta pumpin' going on

Fur20
Nov 14, 2007

すご▞い!
君は働か░い
フ▙▓ズなんだね!
last time i bought on the dip the transaction didn't go through until it was $9000

Comfy Fleece Sweater
Apr 2, 2013

You see, but you do not observe.

The White Dragon posted:

last time i bought on the dip the transaction didn't go through until it was $9000

Sucks to be you I guess

Life has a lot of disappointments, but Bitcoin has been a huge success for me, I don’t know what to tell ya

Fame Douglas
Nov 20, 2013

by Fluffdaddy
I bought in at 19000, have been hodling since then and am now up 2000% because I'm so good at trading.

Nessus
Dec 22, 2003

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



Fame Douglas posted:

I bought in at 19000, have been hodling since then and am now up 2000% because I'm so good at trading.
I'm not convinced though - you aren't yelling about nocoiners enough to be really persuasive.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
It is interesting that Ripple and Ether have been declining with every Bitcoin price drop but get no benefit from the price rallies like they used to.

jimmyjams
Jan 10, 2001


King Kong of Megadongs
Gobblin' them mega schlongs
Makin' sure they mega long
Stroke' 'em if they mega strong
diarrheacoin

jimmyjams
Jan 10, 2001


King Kong of Megadongs
Gobblin' them mega schlongs
Makin' sure they mega long
Stroke' 'em if they mega strong
because the market is fluid

zedprime
Jun 9, 2007

yospos

kordansk posted:

How come companies sell asic mining machines? If they believe the market is there to make money from them clearly it's more worthwhile to not sell them and just manufacture them and hook them up themselves for months until they're barely profitable and then resell them to idiots (unethical). If they believe the opposite, aka the truth (that bitcoin and altcoins are a bubble waiting to burst and crash to zero value), they are just selling something that clearly they intend to take advantage of people for which seems unethical in general.
Besides the other points people mentioned like operational specialization, vertical integration is incredibly fixed capital heavy to reap a bit of cream off your working capital. Like even if you had a thought that it's going to the moon it's worth diversifying that much capital under one roof in case like Satoshi comes out as a socialist and turns on the secret destroy all wealth subroutine.

Maybe you float that extra bit of capital risk free by selling "new" miners that you actually used for a quarter. Just for quality reasons you see.

Kobayashi
Aug 13, 2004

by Nyc_Tattoo

Comfy Fleece Sweater posted:

So? Buy on the dip and sell when it goes back up 🤷🏻‍♂️

Do you people need your food chewed for you too? I can’t make you earn your own money, I can’t move your brain cells for you !

Self mastication would be a nice change of pace.

OhFunny
Jun 26, 2013

EXTREMELY PISSED AT THE DNC


Straight up, straight across, and straight down.

I'd like to see fiat currency move so smoothly.

temple
Jul 29, 2006

I have actual skeletons in my closet
just bought a fraction of a butt. waiting for it to fill

EugeneJ
Feb 5, 2012

by FactsAreUseless
I believe the children are our future...

https://www.fastcompany.com/40549479/students-are-using-their-loan-money-to-buy-cryptocurrency-study

quote:

The Student Loan Report surveyed 1,000 current college students with student loan debt about whether they were asked whether they used their student loan money to invest in cryptocurrencies like Bitcoin and found that 21.2% of them have Sallie Mae to thank for their cryptocurrency investment. Many students borrow a little more money than is necessary to pay for tuition and books, according to Student Loan Report. The leftover cash is typically used for college living expenses, but some wily students think that investing in Ethereum or Ripple may be a better investment than a bachelor's degree in comparative English literature.

temple
Jul 29, 2006

I have actual skeletons in my closet
i own 0.00633907 bitcoins

90s Solo Cup
Feb 22, 2011

To understand the cup
He must become the cup



temple posted:

just bought a fraction of a butt. waiting for it to fill

Eat more Mexican food to speed up the process, friend.

lazorexplosion
Mar 19, 2016

lol at the people who were buying at the top of the world's most obvious pump who are now immediately losing money because, surprise, there's the world's most obvious follow up dump.

Bip Roberts
Mar 29, 2005

lazorexplosion posted:

lol at the people who were buying at the top of the world's most obvious pump who are now immediately losing money because, surprise, there's the world's most obvious follow up dump.

They're heroes bravely liberating their moneys to their capitalist superiors.

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer

temple posted:

i own 0.00633907 bitcoins

:rip:

Adbot
ADBOT LOVES YOU

Toys For Ass Bum
Feb 1, 2015

OhFunny posted:



WEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!!!!!!!!!!!!!

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply