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Odd posted:My income is low. What should I do make more money
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Apr 8, 2018 05:02
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Risc1911 posted:I added some more info to my post. This is real and it is bad for BTC. It basically means that they have small amounts of BTC worth very little that need to be consolidated and that can only happen through the blockchain proof of work which costs fees and those fees naturally add up to a hefty sum if you have these small fragments See, that’s where you go wrong - this is GOOD for bitcoin
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Apr 8, 2018 05:23
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The best long term growth I’ve seen have been made in cults. I observed this from afar with Apple. And that is just one of the more popular ones. SpaceX, Zappos, TED, Starbucks, IKEA, Dollar Shave Club, etc. Up close, I saw it in action at Amazon. You cannot pay the best people to work for you. They need a mission to believe in. Here’s a Story about Steve Case of AOL. Bill Gates wanted to buy AOL from him. He could’ve sold the business for a 100, 200 million dollars. For me, I would’ve taken the money in a heartbeat. But Steve didn’t sell out. Why did he say no to being a multi-millionaire? His answer: “The simple answer is I really believed in the idea of the internet and believed in AOL and believed that it could change the world,” he said on James Altucher’s podcast. At that time; Investors were like: “What are you talking about? This internet thing? Why would normal people ever want to get connected to this?” People thought he was crazy. But he could see the future. That’s the thing about the future. Nobody with eyes could see it coming. Steve had Vision. Back then, nobody wanted to connect to the internet. It was too techie and too difficult. My mother didn’t learn how to send an email until Steve Jobs invented the iPhone where you can send an email with a swoosh. That was DECADES after the invention of the internet. People like that missed opportunities. For Steve Case, he was more fervent than ever. He struggled hard for a decade before it finally broke through for him. The future paid off for Steve Case. He believed they could change the world. He was right. “Six, seven years later, [AOL] had gone from a few hundred million dollars to tens of billions to then over 150, 160 billion.” But it doesn’t stop there… We’re seeing this with another group of zealots. And this time it isn’t restricted by borders. Every single one of you can participate even if you’re in the far-flung corners of the globe. This isn’t only reserved for the elites. It is the only Global Monetary value accepted in every continent. Yes even in Antarctica. Bitcoin soothsayers are proclaiming that the virtual currency is going to Change Everything. For 10 years now Bitcoin has constantly been underestimated, ‘Experts” have pronounced its death 273 times. But it just doesn’t want to stay dead. Even Zombies Die for good if you put a bullet to its head. This is more than just a Zombie Currency. It is something else. You’ve probably heard about the bankruptcy of Mt. Gox, Bitcoin’s largest trading floor being wiped out by a $500 million heist. But even before that, the arrest of Bitcoin prodigy Charlie Shrem; Shutdowns of Silk Road and Utopia. Like how dominoes fall, it was an infectious chain of negative reaction. It was so bad that every “expert” who had air time and ad space at that time were saying & inserting these THREE WORDS: “Bitcoin Is Dead.” Many were calling their friends Looney for falling under the Bitcoin spell … However, something weird happened that most didn’t expect. As bitcoin stumbles, the community growing up around it only became more fervent. Call-to-arms were written , thought-leaders were giving military speeches and fellow adherents were called “Brothers”. The mass adoption of Bitcoin, they say, would utterly transform the way the world stores and exchanges value. Government-backed fiat currency would become obsolete. To them holding a Bitcoin makes them an active participant in a bold new future. They believe it could change the World. They’re not worried about the day-to-day price fluctuations of BTC denominated in USD. They believe in a day where all prices will be denominated in Satoshis (fractions of a bitcoin) They have No intention of selling the future for the past. With each setback, the ones that remain only grow more convinced, more zealous and more eager to share the bright future of Bitcoin. Cults like these run on the fuels of perseverance and will only grow stronger with time. With the network effect of Bitcoin, it will only lock more and more people in, in each new wave cycle. Will you surf this wave with us?
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Apr 8, 2018 06:34
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Comfy Fleece Sweater posted:They believe in a day where all prices will be denominated in Satoshis (fractions of a bitcoin)
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Apr 8, 2018 06:41
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SelenicMartian posted:The original Satoshi will be preserved in formaldehyde as a reference. What about his teeth? If they keep growing we can defraud the tooth fairy by chipping parts for quarters! Toothcoin ico coming as quick as I can mumble out a white paper!
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Apr 8, 2018 07:12
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Comfy Fleece Sweater posted:The best long term growth I’ve seen have been made in cults. I'm not reading this batshit lol
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Apr 8, 2018 08:10
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Consider also that. Many cults. End up. Cutting off they dicks and eating death pudding.
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Apr 8, 2018 10:16
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Comfy Fleece Sweater posted:The best long term growth I’ve seen have been made in cults. Your putting way too much effort into this
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Apr 8, 2018 10:54
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Odd posted:My income is low. What should I do This depends. Are you low income but working lots of hours ? If so that's a huge issue. If you're low income but have a lot of time away from work, this can be a blessing as you can use your spare time for enjoyment or to further your professional value.
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Apr 8, 2018 13:22
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Steve Case ended up posing for playboy and marrying John Romero. HODL and you too can have a husband with longer hair than you.
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Apr 8, 2018 13:24
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Risc1911 posted:https://twitter.com/LaurentMT/status/943624312304611329 Nessus posted:Consider also that.
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Apr 8, 2018 13:44
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https://twitter.com/squawkfox/status/982662458010685440?s=20
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Apr 8, 2018 14:43
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that's not the good one. this is the good one. oh it was already posted
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Apr 8, 2018 14:54
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Tatoos make something be money? What's the USD exchange rate on Bulbasaur/Team Rocket Lady tenticle-hentai?
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Apr 8, 2018 15:39
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Too lazy to do the Rick and Morty meme, but Bitcoin just seems like a Ponzi scheme with extra steps.
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Apr 8, 2018 16:25
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Nocheez posted:Too lazy to do the Rick and Morty meme, but Bitcoin just seems like a Ponzi scheme with extra steps. Now you tell me
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Apr 8, 2018 16:39
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sword_man.gif posted:that's not the good one. this is the good one. Not a cult Bitcoin didn't tap
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Apr 8, 2018 17:09
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Nocheez posted:Too lazy to do the Rick and Morty meme, but Bitcoin just seems like a Ponzi scheme with extra steps. 
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Apr 8, 2018 19:03
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Nocheez posted:Too lazy to do the Rick and Morty meme, but Bitcoin just seems like a Ponzi scheme with extra steps. 1₿ = 0₿ ? Did I do this right?
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Apr 8, 2018 19:52
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Nocheez posted:Too lazy to do the Rick and Morty meme, but Bitcoin just seems like a Ponzi scheme with extra steps. Not a surprise a Rick & Morty fan doesn’t get Bitcoin... 🙄
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Apr 8, 2018 20:48
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Comfy Fleece Sweater posted:Not a surprise a Rick & Morty fan doesn’t get Bitcoin... 🙄 Who said I was a fan? I mean, I am, but who said it?
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Apr 8, 2018 20:59
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Robo Captain posted:Haha wow
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Apr 8, 2018 21:30
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jonathan posted:This depends. Are you low income but working lots of hours ? If so that's a huge issue. If you're low income but have a lot of time away from work, this can be a blessing as you can use your spare time for enjoyment or to further your professional value.
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Apr 8, 2018 21:55
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Comfy Fleece Sweater posted:The best long term growth I’ve seen have been made in cults. p good motley fool imitation imo
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Apr 9, 2018 01:36
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Harveygod posted:Tatoos make something be money? Isn't the real analogy is that both bitcoins and necks tattoos lead to buyers remorse?
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Apr 9, 2018 01:59
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quote:To ask to meet in the middle of a bid and offer, one party might say “Benji me” - referencing short story and movie character Benjamin Button who ages backwards and is the same age as his wife mid-life. Less romantically, traders sometimes say “butt” to mean bitcoin. https://www.reuters.com/article/us-crypto-currencies-otc/otc-crypto-market-flourishes-powered-by-skype-idUSKCN1H91P4
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Apr 9, 2018 12:25
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Americans Owe Roughly $25 Billion in Taxable Capital Gains Lee’s estimates stem from the record $590 billion cryptocurrency market valuation accumulated last year, which was 60 times larger than the year before. The Fundstrat advisor states that roughly 30 percent of the digital asset holders worldwide are Americans, and this means a representation of approximately $187 billion. Lee believes that the capital gains in the U.S. adds up to around $92Bn and there’s $25Bn in taxable liabilities on the line. https://news.bitcoin.com/tax-paying-americans-owe-25-billion-in-cryptocurrency/
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Apr 9, 2018 13:59
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just a reminder that GDP is such a distorted and intentionally deceptive metric that bitcoin activity, taxation, and energy usage will be counted as part of the national GDP
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Apr 9, 2018 15:51
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I would blow Dane Cook posted:traders sometimes say “butt” to mean bitcoin. our job here is done, be proud lads
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Apr 9, 2018 16:00
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Comfy Fleece Sweater posted:Not a surprise a Rick & Morty fan doesn’t get Bitcoin... 🙄 You have to have high iq to get bitcoin
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Apr 9, 2018 17:53
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Alan Smithee posted:You have to FTFY
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Apr 9, 2018 18:02
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Alan Smithee posted:You have to have suffered from brain damage due to sleeping in a room with high I miss that story.
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Apr 9, 2018 18:42
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We gotta get more strawberries morty
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Apr 9, 2018 18:52
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It was funny when it was random weirdos running a bunch of video cards, but now it's maybe your next door neighbor swapped out their 15 amp breaker for a 30 because their 14 chinese video cards kept tripping it and maybe you're both going to burn to death in your sleep. It's also your power bill going up due to increased demand across the board because miners are using more electricity than most countries do.
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Apr 9, 2018 19:08
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Powershift posted:The current hash rate is around 25,000,000,000 gh/s Funny story, since i did this math, the hashrate has increased by nearly 20%, Transactions per day has fallen nearly 30% Bitcoin alone is now using At the very very least 2,727,857 kw, or 65,468,570 KWH per day to process 138,530 transactions, meaning each transaction uses at least 473 watts. Realistically, that number is doubled by older hardware on the network, and ancillary equipment in these server farms. It is very likely that right now each bitcoin transaction uses more electricity than an average American household does in a month. Every day, it uses as much electricity as 138,530 american households That is Tampa's monthly residential power usage every day. Houston every week. 50% of US residential power usage every year. This should be headline news, in big red letters on the top of CNN. This is bitcoin alone. ETH and Monero probably use as much if not more.
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Apr 9, 2018 19:32
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Alan Smithee posted:We gotta get more strawberries morty I need you to take these coins and stuff them way up in your butt!
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Apr 9, 2018 20:06
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Powershift posted:Funny story, since i did this math, the hashrate has increased by nearly 20%, Transactions per day has fallen nearly 30% In my country the media have more or less stopped reporting on crypto, because the obvious angles have been covered at this point. It’s probably a net gain as it attracts fewer random people who only hear the part of the broadcast about the number going up.
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Apr 9, 2018 20:10
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Refried Noodle posted:In my country the media have more or less stopped reporting on crypto, because the obvious angles have been covered at this point. It’s probably a net gain as it attracts fewer random people who only hear the part of the broadcast about the number going up. yep. Number go down => not a story. A bit of blockchain hype => slightly a story.
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Apr 9, 2018 20:19
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Powershift posted:Funny story, since i did this math, the hashrate has increased by nearly 20%, Transactions per day has fallen nearly 30%
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Apr 9, 2018 20:21
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Years ago I thought this was going to be a relatively quick meet-bang-thank you ma'am. I had no idea this kinky bitch would go all the way to 20k, and along the way the tricks she pulled are so hosed up you wouldn't even find them in the seediest Bangkok brothel - insider trading, ponzis within ponzis, mining induced brain damage, the bitconnect guy ... the list just goes on and on... not to mention the dirty talk - 'number go up', 'HODL', she just invents words left and right and shouts them at the stars. After initially being hard as a rock waiting for a quick crash I thought maybe I was being blueballed - but no, everytime my dick even thinks of flagging she comes back with another 5% drop inside a couple of minutes and I'm diamonds. It's a wild ride, and I expect it to continue for a while yet, but when the end comes... it's going to be goddamned buckets.
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Apr 9, 2018 22:34
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