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ReidRansom posted:
Bitcoin, Ether are ON THE RISE, says Attorney General Another crypto victory, even the government is scared and recognizes bitcoins inevitability
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Apr 17, 2018 20:28
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I saw this very interesting looking lambo on my drive home today. URL says kennbosak.com, I didn't think about turning off my headlights while taking it.
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Apr 17, 2018 23:52
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Come to think of it, yea, where are the lambos and bugattis with the stickers "I GOT THIS FROM BITCOIN"? That would have piqued quite the attention. From the IRS.
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Apr 18, 2018 00:29
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I am hella PEEVED posted:I saw this very interesting looking lambo on my drive home today. URL says kennbosak.com, I didn't think about turning off my headlights while taking it. Ask a guy driving a 2001 Hyundai about investing all your lifesavings!
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Apr 18, 2018 01:11
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I am hella PEEVED posted:I saw this very interesting looking lambo on my drive home today. URL says kennbosak.com, I didn't think about turning off my headlights while taking it. For those of you who haven't been watching this poo poo for 6+ years like my dumb rear end I want to explain something: Nearly every single bitcoiner is as much of an idiot loser as this person is. I know parts of your brain don't want to blanket a group so much but seriously these are some of the most basic dumb mother fuckers I've ever seen on the Internet. The only people who aren't are the ones that grab all the money and run.
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Apr 18, 2018 01:25
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wasnt there a literal "ponzicoin" that did that
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Apr 18, 2018 01:40
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LethalGeek posted:For those of you who haven't been watching this poo poo for 6+ years like my dumb rear end I want to explain something: Nearly every single bitcoiner is as much of an idiot loser as this person is. I know parts of your brain don't want to blanket a group so much but seriously these are some of the most basic dumb mother fuckers I've ever seen on the Internet. The only people who aren't are the ones that grab all the money and run. Comfy seems to hold a differing opinion. 
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Apr 18, 2018 01:52
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LethalGeek posted:For those of you who haven't been watching this poo poo for 6+ years like my dumb rear end I want to explain something: Nearly every single bitcoiner is as much of an idiot loser as this person is. I know parts of your brain don't want to blanket a group so much but seriously these are some of the most basic dumb mother fuckers I've ever seen on the Internet. The only people who aren't are the ones that grab all the money and run. It really is no different than any other get rich quick scheme. Some people lack the motivation and inclination to actually work for what they want, so they spend all of their energy on trying to find a loophole. Of course every loophole they explore will end up costing them more in opportunity and actual money than if they put their efforts towards something more useful. People who think like that (Ham Sammies????) are usually not the sharpest tools in the shed in the first place.
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Apr 18, 2018 01:58
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wid posted:Come to think of it, yea, where are the lambos and bugattis with the stickers "I GOT THIS FROM BITCOIN"? That would have piqued quite the attention. I live in south Florida and see Maseratis and poo poo every day, but nobody has a bitcoin sticker ???
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Apr 18, 2018 02:09
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actually nobody has any stickers so that’s probably why
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Apr 18, 2018 02:09
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I've only seen one fancy car with stickers, and it was a Tesla with Bernie stickers on it lol I don't live in like a super rich city though
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Apr 18, 2018 03:56
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This is good for Bitcoin.
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Apr 18, 2018 04:09
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LethalGeek posted:For those of you who haven't been watching this poo poo for 6+ years like my dumb rear end I want to explain something: Nearly every single bitcoiner is as much of a temporarily embarassed millionaire as this person is. fixed
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Apr 18, 2018 04:20
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wanna get that bumper sticker so i can tell people bitcoin is retarded
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Apr 18, 2018 06:09
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wid posted:Come to think of it, yea, where are the lambos and bugattis with the stickers "I GOT THIS FROM BITCOIN"? That would have piqued quite the attention. I know a few people who made lambo money off of the bitcoin bubble but for some odd reason they liquidated the bulk of their position ages ago and did things like pay capital gains tax and shovel most of the proceeds into other investment vehicles.
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Apr 18, 2018 06:10
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Virtue posted:I know a few people who made lambo money off of the bitcoin bubble but for some odd reason they liquidated the bulk of their position ages ago and did things like pay capital gains tax and shovel most of the proceeds into other investment vehicles. Other investment vehicles like a boat for horses?
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Apr 18, 2018 06:12
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Virtue posted:I know a few people who made lambo money off of the bitcoin bubble but for some odd reason they liquidated the bulk of their position ages ago and did things like pay capital gains tax and shovel most of the proceeds into other investment vehicles. lol hey yeah uh i totally made all this money - do i have anything to show for it? uh, no but i totally did make all that money its just uh... tied up and stuff. yeah
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Apr 18, 2018 06:17
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Most people smart enough to sell at a profit are smart enough not to buy a lambo with it. Someone had to be selling at $20k for someone to be buying at $20k. It's not beyond imagination that one of those people had more than a few satoshi.
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Apr 18, 2018 07:06
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Aredna posted:Most people smart enough to sell at a profit are smart enough not to buy a lambo with it. But their likely cost basis is not ~$0/BTC; it's more likely to be around $20k/BTC
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Apr 18, 2018 07:12
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QuarkJets posted:But their likely cost basis is not ~$0/BTC; it's more likely to be around $20k/BTC
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Apr 18, 2018 07:57
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https://blog.unchained-capital.com/bitcoin-data-science-pt-1-hodl-waves-7f3501d53f63 HODL analysis and how much "stale" bitcoin gets sold off during each rally.
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Apr 18, 2018 08:14
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Nessus posted:I think this is people who either bought some 4 years ago or who mined some butts up back in 2011 and realized "wait, my old hard drive is now worth $230k" People who were mining in 2011 probably sold in 2012. Back when bitcoin spiked to $20 it was thought to be a great time to sell People who mined back then and didn't sell are the true believers who will never sell regardless. Remember that poll of the true believers where they were all vowing to not sell anything until bitcoin reached $200k (on average)? Those people aren't making any money on this, they're holding their tokens until the end of time
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Apr 18, 2018 10:25
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QuarkJets posted:People who were mining in 2011 probably sold in 2012. Back when bitcoin spiked to $20 it was thought to be a great time to sell Or they lost their coins on Mt.Gox.
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Apr 18, 2018 11:41
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You're underestimating the amount of nerds who would have turned a miner on their media server or whatever spare box they had, forgot about it at some point because hey it's just a dumb fad, and it got stuck in the closet. It's like finding out your slackware partition you installed on a lark had the lottery numbers in it.
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Apr 18, 2018 13:28
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Apr 18, 2018 13:31
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zedprime posted:It's like finding out your slackware partition you installed on a lark had the lottery numbers in it. Dammit, I knew I shouldn't have formatted that drive.
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Apr 18, 2018 13:32
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Risc1911 posted:Or they lost their coins on Mt.Gox. Ehm, nobody lost any bitcoins on Magic the Gathering Online Exchange. Mark (did nothing wrong and) just made it easier for weak hands to hodl.
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Apr 18, 2018 17:11
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caught a glimpse of my coworker looking at what looked like http://cryptowat.ch today, i hope he doesn't have anything invested and is just looking at exchange rates for cyber drug-bux
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Apr 18, 2018 20:24
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Found someone hodling since 16th century
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Apr 18, 2018 20:46
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quote:Amazon wins patent for data feed marketplace that could include bitcoin transactions https://www.cnbc.com/2018/04/18/amazon-wins-patent-for-data-feed-marketplace.html this would potentially help law enforcement track bitcoin users
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Apr 19, 2018 01:03
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Holy bullshit patent Batman. Seriously, I couldn't care less about the butt example, but aggregating, processing, and selling resulting data? THAT is getting a patent? Wtf??
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Apr 19, 2018 01:10
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Uranium 235 posted:https://www.cnbc.com/2018/04/18/amazon-wins-patent-for-data-feed-marketplace.html We honestly don't really need the help, but still, thanks I guess Amazon
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Apr 19, 2018 01:11
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Anyone who thinks Bitcoin is anonymous or hard to track is a retard who will never comprehend that it is one of the least anonymous payment methods
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Apr 19, 2018 01:13
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Sentient Data posted:Holy bullshit patent Batman. Seriously, I couldn't care less about the butt example, but aggregating, processing, and selling resulting data? THAT is getting a patent? Wtf??
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Apr 19, 2018 01:15
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Sentient Data posted:Holy bullshit patent Batman. Seriously, I couldn't care less about the butt example, but aggregating, processing, and selling resulting data? THAT is getting a patent? Wtf?? That’s like a lot of patents? Idgi
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Apr 19, 2018 01:19
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IP and business process patents are all crap and should be invalidated, but that one takes the cake since it basically patents the entire field of analytics
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Apr 19, 2018 01:34
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Blade Runner posted:Anyone who thinks Bitcoin is anonymous or hard to track is a retard who will never comprehend that it is one of the least anonymous payment methods I know when I am looking to conceal financial data I look first to public ledgers
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Apr 19, 2018 02:10
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ill just stop correlating data now 
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Apr 19, 2018 03:28
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https://gizmodo.com/man-suspected-of-stealing-600-bitcoin-mining-rigs-break-1825360142/amp "Either this man is really good at doing crimes or Iceland is really bad at security. Authorities say a man who is suspected of being the mastermind behind the theft of $2 million worth of bitcoin mining equipment has escaped the Icelandic prison where he was being held. What’s more, he allegedly hopped a flight on the same plane as the Icelandic Prime Minister." Stay safe, Bitcoin Ghost
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Apr 19, 2018 03:42
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Wamdoodle posted:"Authorities say a man who is suspected of being the mastermind behind the theft of $2 million worth of bitcoin mining equipment has escaped the Icelandic prison where he was being held. What’s more, he allegedly hopped a flight on the same plane as the Icelandic Prime Minister."
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Apr 19, 2018 05:00
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