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I wish I’d bought those strawberries and owned a piece of bitcoin history
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Nov 11, 2018 18:48
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El_Elegante posted:I wish I’d bought those strawberries and owned a piece of bitcoin history I don't think they ever got past the proof of concept stage.
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Nov 11, 2018 18:57
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Neither did bitcoin, yet here we are.
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Nov 11, 2018 19:30
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quote:Billionaire Eric Schmidt, the former chairman of Google, is a budding bitcoin and blockchain enthusiast who said ethereum could be a “powerful platform” whose untapped potential is off-the-charts. 
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Nov 12, 2018 08:53
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probably late to the party, but what the gently caress is the Crypto category on twitch. video thumbnails look like theyre just price charts and a facecam, are these just stupid truebelievers hoping to get bits(aka something thats worth real money) and butts as they have a hours long butt lecture/rant?
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Nov 12, 2018 09:25
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Pretty much. It's basically the 2018 version of a kid wearing their dad's suit jacket and pretending to be a serious financial news person, but other brokebrained internet idiots give them money for making pleasing and agreeable noises.
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Nov 12, 2018 09:27
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PhazonLink posted:probably late to the party, but what the gently caress is the Crypto category on twitch. video thumbnails look like theyre just price charts and a facecam, are these just stupid truebelievers hoping to get bits(aka something thats worth real money) and butts as they have a hours long butt lecture/rant? It’s day trading poo poo. And if any of them could actually make good money day trading crypto, they probably wouldn’t be live streaming their methods for a few bucks from viewers.
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Nov 12, 2018 10:25
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Spatial fucked around with this message at 23:02 on Nov 20, 2018 |
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Nov 12, 2018 11:22
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Adar posted:This is still such a scorching take I really just want to hear how you think that's possible. As many have said already, it's not one thing that will bring crypto down. It's the combination of things: wasting resources, regulations, immutability (not only because of the GDPR), incompetence of devs, bugs/getting hacked, scams, illegal activity, tax evasion, funding of radical groups, impracticality as anything be it currency, store of value or investment and of cause the inability to scale to a level where it could be remotely useful to more than a few thousand people. This combination is toxic and it is rapidly accelerating the demise of all crypto. IF crypto is by chance becoming a clean asset (as in legal and safe like stocks) it becomes completely useless as no one would invest the time or money into running a virtual asset that is converting electricity to value (in a really inefficient way) when you can just directly invest in electricity. No matter how you look at it, crypto is already dead. --- Related news from today --- Cryptocurrency Scams Are Now Among the SEC's Top Enforcement Priorities An annual report by the Securities and Exchange Commission reveals how digital currency scams, which did not merit a mention two years ago, are among the agency’s top enforcement priorities. The SEC is focused in particular on so-called Initial Coin Offerings (ICOs), which involve the sale of digital tokens related to blockchain projects. While many such projects are complete or on their way to fruition, many others have failed to deliver on their promises or turned out to be outright scams. http://fortune.com/2018/11/02/sec-ico-report-cryptocurrency-scams/
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Nov 12, 2018 11:33
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 Oh man, look at that trade volume 
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Nov 12, 2018 11:48
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hailthefish posted:Pretty much. Brb. Making ICO for Vincent Adultcoin
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Nov 12, 2018 11:59
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nnnotime posted:The mining-electricty consumption issue is on it's way to being solved! Researchers have created a bionic mushroom that's capable of generating it's own electricity by hosting a special bacteria: From the linked article: "Although the mushroom isn't strong enough to power a device, researchers say several of them could build up enough electrical current to light up an LED." One LED. Yes, that's the carbon emissions problem solved for sure, no worries. Of course, bitcoin miners already use solar power anyway because they're so environmentally responsible. I wonder if any bitcoin true believer anywhere in the world is honest enough to admit that they don't give a flying gently caress about anyone or anything but their try-to-get-rich-quick-&-gently caress-you agenda. BigBadSteve fucked around with this message at 13:00 on Nov 12, 2018 |
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Nov 12, 2018 12:48
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Pawn 17 posted:It’s day trading poo poo. And if any of them could actually make good money day trading crypto, they probably wouldn’t be live streaming their methods for a few bucks from viewers. crypto day trader twitch streams are the Comedy loving Gold Channel when there's a crash in progress
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Nov 12, 2018 13:51
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https://twitter.com/farahmenswear/status/1062021223331364864 The verified accounts pretending to be Elon Musk giving away buttcoins are back. Promoted tweets in my timeline ffs. And there's a daisychain of like 4 other verified accounts in the replies all saying that it worked (including some EU press office which looks like it was hacked, or some intern is being a very naughty boy). Twitter, fix your poo poo. Parkingtigers fucked around with this message at 18:00 on Nov 12, 2018 |
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Nov 12, 2018 17:57
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Parkingtigers posted:https://twitter.com/farahmenswear/status/1062021223331364864 no way this is extremely good and cool that twitter is allowing this, in fact I think they should promote it more
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Nov 12, 2018 18:47
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My Linux Rig posted:no way this is extremely good and cool that twitter is allowing this, in fact I think they should promote it more "Hey guys! We finally found some monetization!"
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Nov 12, 2018 19:39
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BigBadSteve posted:From the linked article: I hope Butt'ers remember that Mythbusters did a free energy episode and they then spend 1000 K$ of poo poo fiat money to buy wires and get free energy from the Earth's magnetic field. (or they set their house on fire making that cool propane wheel thing or they try perpetual motion machines)
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Nov 12, 2018 19:59
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https://twitter.com/Bitfinexed/status/1062114592225193985
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Nov 12, 2018 23:55
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I sure hope that wasn't a loan from a bank
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Nov 13, 2018 00:10
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EorayMel posted:I sure hope that wasn't a loan from a bank lol if you think it was. This was from a while ago and I still find it hilarious that people actually gave him money.
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Nov 13, 2018 00:11
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MarcusSA posted:lol if you think it was. "Give me your children, and I will throw them at bears until we all become rich. Need advice. I want to make things right."
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Nov 13, 2018 03:51
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Corporate America's blockchain and bitcoin fever is over S&P 500 executives are dropping blockchain buzzwords less on earnings calls and during presentations to analysts and investors. Analysts are also asking about it less. https://www.axios.com/corporate-america-blockchain-bitcoin-fervor-over-fb13bc5c-81fd-4c12-8a7b-07ad107817ca.html 
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Nov 13, 2018 13:52
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Facebook Aunt posted:I don't think they ever got past the proof of concept stage. I think thats where bitcoin got stuck at too
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Nov 13, 2018 13:59
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Data61 and CBA demonstrate blockchain welfare payments But a regular database arguably remains the better solution. The report also compared the proof of concept with a centralised database that replaced smart contracts with a rules engine, and found no real benefit to the blockchain model when it came to choice for users, control of money, accessibility, simplicity, or efficiency. Since the blockchain solution also needed participant data stored in an off-chain database, the report claimed it had higher confidentiality, but noted that the extra nodes needed would increase the surface area for attacks. https://www.zdnet.com/article/data61-and-cba-demonstrate-blockchain-welfare-payments/
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Nov 13, 2018 14:00
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Risc1911 posted:Corporate America's blockchain and bitcoin fever is over is shoving "machine learning" into everything still a thing?
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Nov 13, 2018 14:01
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mike12345 posted:is shoving "machine learning" into everything still a thing? I don't think we have reached "Peak AI" yet. It's all bollocks any way. One can certainly imagine how, in principle, systems that can detect patterns with massive data processing might find hitherto unknown ways of constructing theories that surpass those within the reach of human intelligence. And that could have all sorts of effects. But among the concerns we face, this doesn’t seem to me to rank high. Even tasks mastered almost reflexively by infants are far beyond the capacities of contemporary AI.
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Nov 13, 2018 14:02
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Risc1911 posted:Corporate America's blockchain and bitcoin fever is over quote:Bitcoin was never as popular. Dropping that word or “cryptocurrency” was most common in the first quarter of this year — with a mere 68 mentions.
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Nov 13, 2018 14:08
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Risc1911 posted:I don't think we have reached "Peak AI" yet. It's all bollocks any way.
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Nov 13, 2018 14:10
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zedprime posted:Like I know you get the point of machine decision making with your first sentence but I love the idea of the first goal of machine learning is to make an AI infant. The infant quote is more in relation to AI becoming a threat to humans and cognitive abilities not building an infant AI. No matter how much data you feed a machine, it could never grasp things an infant understands almost reflexively. Learning a language by just listening for example. Parents usually do not correct their children if they start speaking their first "baby talk" words they will interpret them with high accuracy (something again MLM will never be able to do), yet despite that, children learn to speak like grown up's at some point. I give you another example. The https://en.wikipedia.org/wiki/Halting_problem Similar to this, ML and AI will never be able to "know that it does not know". This is getting a little philosophical but i think you understand what i mean. Risc1911 fucked around with this message at 15:04 on Nov 13, 2018 |
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Nov 13, 2018 14:44
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mike12345 posted:is shoving "machine learning" into everything still a thing? Remember when chatbots were the hot new thing for like half a year?
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Nov 13, 2018 14:51
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zedprime posted:Like I know you get the point of machine decision making with your first sentence but I love the idea of the first goal of machine learning is to make an AI infant. Bitcoiners would probably love that
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Nov 13, 2018 15:33
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Lambert posted:Remember when chatbots were the hot new thing for like half a year? They still are in some fields. I work in IT at a higher ed institution and we just hosted a day-long conference about how to try to implement them.
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Nov 13, 2018 15:38
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Jenrai posted:They still are in some fields. I work in IT at a higher ed institution and we just hosted a day-long conference about how to try to implement them. AI keeps rising in the blockchain but as soon as it does it looks at the blockchain and kills itself, drunk and cancerous like Hitchens or reddit.
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Nov 13, 2018 15:44
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'A funny algorithm... the only way to win is not to mine.'
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Nov 13, 2018 15:45
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Lambert posted:Remember when chatbots were the hot new thing for like half a year? It was way shorter than that, when Microsoft released Tay on to Twitter and it turned into a Nazi calling for the extermination of Jews within about an hour.
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Nov 13, 2018 16:01
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Lambert posted:Remember when chatbots were the hot new thing for like half a year? I’m pretty sure this happened in the early oughts and again in the tens
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Nov 13, 2018 16:11
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Quote-Unquote posted:It was way shorter than that, when Microsoft released Tay on to Twitter and it turned into a Nazi calling for the extermination of Jews within about an hour. Lmao I forgot about that.
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Nov 13, 2018 16:12
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Nov 13, 2018 16:12
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At least those have real value. (Probably taste like blockchain, though)
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Nov 13, 2018 16:39
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Should be waluigi
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Nov 13, 2018 16:59
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