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a very scummy blockchain company that was listed on NASDAQ got halted today by the SEC because insiders who were issued shares and illegally sold them were trying to get away with $27 million https://www.sec.gov/news/press-release/2018-61 quote:Washington D.C., April 6, 2018 — check out the chart for that stock. ticker is LFIN it got over $70, down to $8, and back up to $24 in just a few days before it was halted. it was basically a shitcoin on NASDAQ. now imagine this exact thing happening except on totally unregulated exchanges Uranium 235 fucked around with this message at 17:19 on Apr 6, 2018 |
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Apr 6, 2018 17:16
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bitfinex'ed hasn't been heard from in 3 days and his videos and reddit comments were purged
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Apr 6, 2018 17:41
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Jimmy Hats posted:Just lol if you didnt immediately reinvest in altcoins EorayMel posted:No, why would you ever get rid of bitcoins before they go to the moon? I went on a ebay shopping spree for parts for my 40yo pickup truck. She is such a purdy thing: 
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Apr 6, 2018 17:44
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holy crap 7k lol. so how much money can the average person make daily? I remember at like 9k, people were making a dollar a day after electricity? I see a lot of mining rigs on my local craigslist. one seems to indicate desperation but counters it with "DONT WASTE MY TIME, SERIOUS OFFERS ONLY", and then follows up with "I know a lot about bitcoin because im an engineer, I'm buying a better rig after this".
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Apr 6, 2018 18:00
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The thing is the difficulty always increases due to big mining centers expanding and/or upgrading their existing equipment and do things the way they are so often done in China, where it's all about volume and profit margins are razor-thin. If you get a mining rig that's more than like a few months old and are paying anything for electricity, it's pretty much a certainty that you won't earn enough crypto to even cover the cost of the rig and the electricity used. This had an even funnier application when one mining rig maker "tested" the units which were already very late for shipping out by mining bitcoin for himself, and only sent them a few months later when the mining difficulty had increased enough that the rigs were no longer profitable to operate.
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Apr 6, 2018 18:13
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Fermented Tinal posted:I went on a ebay shopping spree for parts for my 40yo pickup truck. Where? All I see is an empty field.
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Apr 6, 2018 18:31
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mojo1701a posted:Where? All I see is an empty field. sorry you're suffering vision impairment, OP
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Apr 6, 2018 18:50
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what do you think OP means
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Apr 6, 2018 18:51
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Its it a new crypto? When's the ICO?
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Apr 6, 2018 18:52
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100 HOGS AGREE posted:I always thought the machines in the matrix just used all the humans as batteries out of spite, not because it was a good source of energy. if it was spite they wouldn't put the humans in virtual environment where they don't need to be aware of their torture and can just live normal lives in the not-apocalyptic past seems pretty not-spiteful
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Apr 6, 2018 19:06
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spankmeister posted:Its it a new crypto? When's the ICO? i think ICO's ICO is later this year
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Apr 6, 2018 19:07
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 That's the original mining rig in the background.
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Apr 6, 2018 19:12
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Risc1911 posted:Many Brits Confuse Cryptocurrency with Something Else It is worth noting that when british people are presented with a survey with 4 options to choose from and one of the answers is really dumb (like 'pull chain toilet tank') then that is what they will pick. 40% of people weren't taking it at all seriously.
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Apr 6, 2018 20:14
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I started mining gridcoin today. It'll cost me a few bucks per month but I'll be focusing processing power to help with protein folding and also something about spinning pulsars.I'm a nocoiner so I can afford to just toss money at whatever for fun instead of worrying about my capital gains and my butt being worthless.
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Apr 6, 2018 21:16
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If you are serious, donating  to research or charities will be a lot more useful and won't make your office uncomfortably warm
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Apr 6, 2018 21:29
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https://twitter.com/kyletorpey/status/982070847350497281
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Apr 6, 2018 21:50
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Inept posted:If you are serious, donating It was -25 this morning. I can use some warmth. And I disagree, I don't like donating money as it gets misappropriated constantly. By donating processing, I'm giving them the tools themselves.
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Apr 6, 2018 21:59
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Third World Reggin posted:A video game company is making a video game where they will have a cash shop currency that it is a bitcoin. And they think it is a good idea. Game looks like a bad knockoff copy of Mechwarrior 2. Don't think they'll be having many players.
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Apr 6, 2018 22:47
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Pochoclo posted:Game looks like a bad knockoff copy of Mechwarrior 2. Don't think they'll be having many players. the better part is where they spent 2 million to get token play and plan to make a rival to steam based on bit coins
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Apr 6, 2018 22:48
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jonathan posted:And I disagree, I don't like donating money as it gets misappropriated constantly. By donating processing, I'm giving them the tools themselves. this is the finance conspiracy theories of bitcoin sneaking into your blockchain charity. speaking as someone with a long history of involvement in small charities - really, everyone's just doing their best, and if you want to donate to a charity just trust them to do useful things with it or don't. tied donations are a major, major pain in the arse and really super bad for efficiency 'cos they get blown just on the effort to keep them separate.
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Apr 7, 2018 01:10
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So bitcoin was brought up at work today and my boss couldn't understand how it wasn't something you could use to buy something or something that you bought as a part of something bigger; ie a company or product. I didn't have an answer. Now I'm confused about what bitcoin is. Help me out thread. What is bitcoin for?
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Apr 7, 2018 01:34
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https://twitter.com/NullZeroX/status/982334650512171008
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Apr 7, 2018 01:37
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Mumpy Puffinz posted:So bitcoin was brought up at work today and my boss couldn't understand how it wasn't something you could use to buy something or something that you bought as a part of something bigger; ie a company or product. I didn't have an answer. Now I'm confused about what bitcoin is. Help me out thread. What is bitcoin for? It's a payment system for pedophiles, drug dealers and money launderers.
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Apr 7, 2018 01:52
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Mumpy Puffinz posted:What is bitcoin for? Drugs and kiddy porn. Seriously. That's it. Edit: Money laundering. Thanks, Alpha Mayo! DerekSmartymans fucked around with this message at 02:05 on Apr 7, 2018 |
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Apr 7, 2018 01:59
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Alpha Mayo posted:It's a payment system for pedophiles, drug dealers and money launderers. DerekSmartymans posted:Drugs and kiddy porn. That's what I thought. He had to leave before I could tell him that. And when I saw him later he wouldn't have cared. E:About bitcoin anymore
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Apr 7, 2018 02:05
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See, I told you Tether was backed by real money.
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Apr 7, 2018 03:09
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I would blow Dane Cook posted:See, I told you Tether was backed by real money. lol
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Apr 7, 2018 03:11
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jonathan posted:By donating processing, I'm giving them the tools themselves. Did you miss the article that went our earlier? Folding@home and seti replaced the new versions of their tools with altcoin miners that just give them the funds for their general budgets
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Apr 7, 2018 03:28
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I would blow Dane Cook posted:See, I told you Tether was backed by real money. just spit my drink out
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Apr 7, 2018 04:16
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I'm loling at the SEC wrecking all these fools There must be some prosecutors or whatever up there having a field day every day
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Apr 7, 2018 04:47
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SETI wouldn't have found poo poo anyway
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Apr 7, 2018 04:48
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Sentient Data posted:Did you miss the article that went our earlier? Folding@home and seti replaced the new versions of their tools with altcoin miners that just give them the funds for their general budgets the rube goldberg of cloud computing systems
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Apr 7, 2018 04:49
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Oh my god, I'm gonna laugh my rear end of if the reason they kept running through Auditors isn't because they were faking the money, its that auditors kept asking who giving them the money
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Apr 7, 2018 06:22
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"the printer gives it to us!"
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Apr 7, 2018 06:29
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Apr 7, 2018 06:41
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Ahahaha
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Apr 7, 2018 06:45
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Also researchers report that 20% of bitcoin transactions are not included in the Blockchain after 30 days and that block size is not to blame https://arxiv.org/abs/1704.01414
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Apr 7, 2018 06:50
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Sentient Data posted:Did you miss the article that went our earlier? Folding@home and seti replaced the new versions of their tools with altcoin miners that just give them the funds for their general budgets So Folding@home is just another crypto miner software now? Wow.
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Apr 7, 2018 06:54
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Also while that's happening: https://thehodl.life/25-billion-owed-in-crypto-taxes-causing-massive-selling-wall-street-analyst-says/ (he's the most bullish analyst out there) Yeah, number go down soon.
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Apr 7, 2018 10:53
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Sickening posted:What kiddy porn were you buying in 2012? Asking for a friend
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