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I saw a talk by these people; https://xsure.io/ and I still have no idea what they are offering. Does anyone here speak blockchain well enough to summarize? It looks like insurance on blockchain (including proof of ownership before you can take out a policy), with AI and machine learning to simplify insurance processes? I know they mentioned two blockchains in the talk, a public and a private, but it seems so pointless. EDIT: They mentioned Ethereum as if that was magical
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Sep 7, 2018 23:49
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Lambert posted:Isn't that a thing with plenty of cars?
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Sep 7, 2018 23:56
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Doug Sisk posted:I saw a talk by these people; First rule of stupid ICO ideas is: don't be distracted. Ignore the stupid idea completely - it's always about the flow of tokens, ETH and actualmoney. That's the only bit of the white paper you should pay attention to. In this case it's pretty straightforward: * 27,000 ETH as startup funding So then it's a question of how long they keep pretending to do any development work. How fast could you look like you were spending a few million dollars? * Founders + coreteam + early investors 20% of tokens * Advisors 10% of tokens - though I don't even see plans on how to trade the tokens, you bet there'll be some secondary market. Though the stupid idea can be worth making fun of. This stupid idea is to replace insurance with smart contracts. But the hard part's always a human decision. So, AI!!
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Sep 8, 2018 00:57
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klafbang posted:It’s pretty clear the unopenable backseat doors in the model 3 is a law-suit waiting to happen. what the gently caress does that have to do with anything, tesla could be a literal scam never delivering a single vehicle and that'd probably only make it even more popular with bitcoiners
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Sep 8, 2018 10:41
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isnt teslas motto literally "move fast break stuff". a brilliant motto for a car company
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Sep 8, 2018 10:46
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oops no thats fart puckerturds facebooks ex-motto so nm
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Sep 8, 2018 10:47
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https://twitter.com/turing_police/status/1038258410867765250
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Sep 8, 2018 12:21
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Wanna hear a story about bitcoin investors? Sure you do. Back in 2014 a Finnish bitcoin investor by the name of Risto Pietilä bought a mansion in Estonia that traces its history since the medieval ages. Malla mansion was envisioned as a "bitcoin hub", where bitcoiners would meet and network in the unsurprisingly titled "Satoshi suite". But to do that, he needed to renovate the mansion, and to get the money for it, he waited for bitcoin to increase even further in value. In his words: "If bitcoin keeps on growing, I'll be ten times richer next year than now. If it collapses, at least I have this castle." For obvious reasons, the grand renovation never happened, instead only basic maintenance that didn't address the basic problems were done. And now those dreams were dashed when a raging fire destroyed a large part of the mansion today. Sadly the fire apparently started from power tools on the site and not from bitcoin mining rigs, but that doesn't make it any less of a bitcoin story.
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Sep 8, 2018 13:07
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I guess he couldn't find an insurance company that accepted bitcoin.
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Sep 8, 2018 13:10
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Doug Sisk posted:I saw a talk by these people; its basically the opposite of simplifying insurance, what they are proposing is letting insurance companies have full access to your Smart Toaster so they use Machine Learning to figure out a special personalised insurance contract of "if you have dark toast for breakfast you should be charged 2 cents more per month on your health insurance". also everything goes through their Platform that is totally important and necessary and not just a pointless middleman in the world of Decentralised Smart AI Contracts. how else would insurance providers contact people with smartphones, if not with xsure's advanced ML algorithms and hybrid sentiment analysis model (based on (cite paper))
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Sep 8, 2018 13:24
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Most of the time the ICO website has a list of articles (they paid to have) written about how awesome they are. These guys have...a scrolling list of ICO crowdsale websites they are (paying to be) on. Literally "we have an ad in all of these places, buy our shitcoin".
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Sep 8, 2018 15:09
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Yesterday I met old buddies and work colleagues I had not seen since 2015 and 2016 and two of them bought heavily and late into the Irrational rise and hype at like 17k and told proudly they are HODL believers and this will pay out one day, because there is no way Bitcoin won’t break 60k some day lmao.  The mental gymnastics and cognitive dissonance these people have while believing „the market“ will make things work and while ignoring that the manipulation ended with profits for the few and these mega investors just went to other assets and left Bitcoin in ashes of the like 7k we have now was entertaining. They just throw common sense out of the window like everyone does who got scammed and believed the wrong apostles. And how angry they get when you tell them it’s over and if they would be able to pay the dinner and drinks last night with Bitcoin (they were not, only Cash, EC + Credit Cards accepted lol). 
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Sep 8, 2018 16:41
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Adar posted:Most of the time the ICO website has a list of articles (they paid to have) written about how awesome they are. yeah, that's pretty common too, or everywhere that's run their press release Cryogen did even better - they did that, but their host organisation, KrioRus, got an article in Russian Playboy ... and included a link to a PDF of the entire magazine. Bet Playboy were thrilled.
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Sep 8, 2018 17:15
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divabot posted:Cryogen did even better - they did that, but their host organisation, KrioRus, got an article in Russian Playboy ... and included a link to a PDF of the entire magazine. Bet Playboy were thrilled. Well, if you're gonna link an article, you might as well link the whole thing - everybody reads those for the articles only
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Sep 8, 2018 18:42
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Mr.PayDay posted:Yesterday I met old buddies and work colleagues I had not seen since 2015 and 2016 and two of them bought heavily and late into the Irrational rise and hype at like 17k and told proudly they are HODL believers and this will pay out one day, because there is no way Bitcoin won’t break 60k some day lmao. Yeah people get really reptile brained with money and Being Massively Wrong. It's funny.
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Sep 8, 2018 19:31
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I'm kind of surprised they need to keep printing tether to run these frauds - surely there are enough people converting tether into cash which eventually returns the tether to bitfinex?
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Sep 9, 2018 00:04
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Jombo posted:converting tether into cash there's your problem
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Sep 9, 2018 00:07
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Jombo posted:surely there are enough people converting tether into cash
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Sep 9, 2018 06:13
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not only can you not convert tether to cash, you can't even convert cash to tether but somehow hundreds of millions of new tethers keep appearing 
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Sep 9, 2018 07:01
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Jombo posted:people converting tether into cash 
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Sep 9, 2018 07:29
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fisting by many posted:not only can you not convert tether to cash, you can't even convert cash to tether there are literally thousands of companies with billions of dollars between them waiting to throw it all in very large, even amounts at a company that can't even say where they're banked for fear of their accounts getting shut down
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Sep 9, 2018 07:36
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has anyone made a tether thats backed by tethers yet
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Sep 9, 2018 07:37
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jimmyjams posted:has anyone made a tether thats backed by tethers yet all 3 billion tethers are backed 1:1 with the 3 billion tethers they possess
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Sep 9, 2018 07:45
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IOUD = I Owe U dollar
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Sep 9, 2018 08:57
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https://twitter.com/_Kevin_Pham/status/1038535118766264320 Buy "Ethereum is a security" shirts, no cryptocurrency accepted! 
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Sep 9, 2018 11:54
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"crony crypto"?
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Sep 9, 2018 13:58
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Itchy and Scratchy Money?
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Sep 9, 2018 14:07
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homercoin. youre gonna make a lot of d'oh
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Sep 9, 2018 14:11
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jimmyjams posted:homercoin. youre gonna make a lot of d'oh bortdollars We are out of bortdollars
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Sep 9, 2018 14:38
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My son is also paid in Bortdollars.
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Sep 9, 2018 15:41
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VitalSigns posted:"crony crypto"? Bitcorn e: I originally read that as "corny crypto". So, yeah, that joke just makes no sense now, I guess. 
Harveygod fucked around with this message at 00:04 on Sep 10, 2018 |
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Sep 9, 2018 16:09
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VitalSigns posted:"crony crypto"? Normal cryptocurrency is just filthy digital fiat now because everyone is involved with it. people are trying to re-capture the magic of the early days of bitcoin where you were seen as an outsider and revolutionary for buying in. That's why these guys are lusting for the death of the actual popular cryptocurrencies. You would think they would support the ones that actually managed to go somewhere as a proof of concept but they hate them because they aren't artisinal hand-crafted cryptocurrencies.
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Sep 9, 2018 18:14
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Rectal Death Adept posted:Normal cryptocurrency is just filthy digital fiat now because everyone is involved with it. people are trying to re-capture the magic of the early days of bitcoin where you were seen as an outsider and revolutionary for buying in. It's because the only point of being a crypto early adopter is to take advantage and become the new oligarchs.
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Sep 9, 2018 18:22
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Look, my imaginary coins are worth more than yours. Trust me.
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Sep 9, 2018 21:20
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They want people investing money into the pyramid scheme they sit near the top of, not in the otherwise identical pyramid scheme other people sit near the top of.
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Sep 9, 2018 21:41
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Razorwired posted:My son is also paid in Bortdollars. Bortbux
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Sep 9, 2018 22:15
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I haven't read this thread or the one in yospos for months. Is bitcoin still big money?
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Sep 9, 2018 23:47
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Mumpy Puffinz posted:I haven't read this thread or the one in yospos for months. Is bitcoin still big money? Butts are not money, big or otherwise.
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Sep 10, 2018 00:54
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Waffle House posted:Bortbux Buttborx
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Sep 10, 2018 01:11
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Mozi posted:Buttborx Asspennies
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Sep 10, 2018 01:13
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