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Tacky-rear end Rococco posted:Got this in an email today: CFA organizations and crypto mixers hurts my brain. Unless there is a side note to all CFA-holders that flatly says RUN.
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Nov 27, 2018 17:09
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jbusbysack posted:CFA organizations and crypto mixers hurts my brain. Unless there is a side note to all CFA-holders that flatly says RUN. I think CAIA is worse. Their whole raison d'etre is to analyze alternative investments. If collectively they can't agree on an analysis of "crypto fuckin' sucks," then maybe the charter isn't worth anything. (Am a CAIA.)
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Nov 27, 2018 17:19
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Tacky-rear end Rococco posted:Got this in an email today: bin/rails generate migration AddIndexToButts
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Nov 27, 2018 17:24
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Tacky-rear end Rococco posted:Got this in an email today: An hour and 15 minutes of panel discussion followed by networking. I guess they don't have much to discuss? Crypto sucks, let's hit the bar?
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Nov 27, 2018 18:00
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EorayMel posted:
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Nov 27, 2018 18:36
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Somebody are taking the recent happenings very well, according to the yospos thread!
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it's me, the guy who is so fabulously wealthy I get my jollies calling poor people cucks on the internet
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Nov 27, 2018 18:39
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I'm the raging mental health problem. 
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Nov 27, 2018 18:51
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oversteer posted:
I assume any redemption means bitfinex takes a loss since they just printed coins out of thin air and didn't actually sell $2.5B of them
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Nov 27, 2018 19:18
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The Tether dove has been released from its Bitfinex cage ready to soar higher than ever before!
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Lemming posted:You can cheat out a disproportionate amount of rewards by finding the next block, not releasing it, then getting a headstart on the next block and waiting until a block is found in the block, then releasing yours and confirming it with your 51% of the pool. You can also hold the entire system hostage and not confirm any blocks with transactions until everyone agrees to pay you tribute. Speaking of VitalSigns posted:I assume any redemption means bitfinex takes a loss since they just printed coins out of thin air and didn't actually sell $2.5B of them
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Nov 27, 2018 19:36
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VitalSigns posted:I assume any redemption means bitfinex takes a loss since they just printed coins out of thin air and didn't actually sell $2.5B of them
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Nov 27, 2018 20:08
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Ronpaulkillyourparentsendthefed types railing about the fed always printing money and causing inflation, but being perfectly ok with whatever it is Tether is doing will never stop being the funniest thing about crypto to me.
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Nov 27, 2018 20:51
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BUG JUG posted:Ronpaulkillyourparentsendthefed types railing about the fed always printing money and causing inflation, but being perfectly ok with whatever it is Tether is doing will never stop being the funniest thing about crypto to me. Really the whole idea of Bitcoin in the first place. A fiat currency for people who hate fiat currency but are too poor to own a gold mine.
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Nov 27, 2018 20:57
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BUG JUG posted:Ronpaulkillyourparentsendthefed types railing about the fed always printing money and causing inflation, but being perfectly ok with whatever it is Tether is doing will never stop being the funniest thing about crypto to me.
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Nov 27, 2018 21:00
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oversteer posted:
Funny that they did this just after they increased their fees.
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Nov 27, 2018 21:03
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BUG JUG posted:Ronpaulkillyourparentsendthefed types railing about the fed always printing money and causing inflation, but being perfectly ok with whatever it is Tether is doing will never stop being the funniest thing about crypto to me. Pushing the value of bitcoin up is deflation in their eyes.
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Nov 27, 2018 21:04
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BITCOIN 2019: $3000 is the new $4000 is the new $5000 is the new $6000
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Nov 27, 2018 22:41
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So easy! I'm sure those still totally work too if anyone actually has them.
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Nov 27, 2018 22:43
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VitalSigns posted:Really the whole idea of Bitcoin in the first place. A fiat currency for people who hate fiat currency but are too poor to own a gold mine. Not just fiat, but the closest thing to the definition of a fiat currency in that it isn't even printed on a piece of paper you can burn/use as ersatz toilet paper/make neat arts and crafts out of.
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Nov 27, 2018 22:45
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LethalGeek posted:So easy! I'm sure those still totally work too if anyone actually has them. Yeah, no way the seller would ever keep the private keys. Only honorable people in the Bitcoin ecosystem!
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Nov 27, 2018 23:04
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QuarkJets posted:I'm thankful this Thanksgiving for bitcoin because it has parted so many fools from their money Reduces wear and tear on the guillotines
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Nov 27, 2018 23:20
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Warbadger posted:Not just fiat, but the closest thing to the definition of a fiat currency in that it isn't even printed on a piece of paper you can burn/use as ersatz toilet paper/make neat arts and crafts out of. "But with crypto, unlike filthy fiat, you can't make any more of it!!" *immediately splinters into thousands of newly-created currencies as everyone and their dog tries to get in on the pump-and-dump grift*
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Nov 27, 2018 23:24
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I've always liked the un-forgeable generic "GENUINE AUTHENTIC SECURITY VALID" hologram sticker than I'm sure you totally couldn't order by the gross from any supplier.
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Nov 27, 2018 23:29
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Hi, so this question probably has been asked fifty times, but can anyone point me to a good summary for why Bitcoin has suddenly collapsed again after spending what felt like an awfully long time (for Bitcoin) being fairly stable?
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Nov 27, 2018 23:39
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khwarezm posted:Hi, so this question probably has been asked fifty times, but can anyone point me to a good summary for why Bitcoin has suddenly collapsed again after spending what felt like an awfully long time (for Bitcoin) being fairly stable? Boat's coming back to pick up those who missed it the
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Nov 27, 2018 23:41
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khwarezm posted:Hi, so this question probably has been asked fifty times, but can anyone point me to a good summary for why Bitcoin has suddenly collapsed again after spending what felt like an awfully long time (for Bitcoin) being fairly stable? No. Anyone who claims to definitively tell you why is selling something or lying on why this was the month. The fact that tech stocks underwent a massive sell off this month suggests it involves the skittish groupthink of investors and traders.
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Nov 27, 2018 23:45
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khwarezm posted:Hi, so this question probably has been asked fifty times, but can anyone point me to a good summary for why Bitcoin has suddenly collapsed again after spending what felt like an awfully long time (for Bitcoin) being fairly stable? Its never been stable....it's just going down slightly quicker than before
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Nov 27, 2018 23:51
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[_]checkmark here when bill has been used Still almost the funniest thing
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Nov 27, 2018 23:52
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khwarezm posted:Hi, so this question probably has been asked fifty times, but can anyone point me to a good summary for why Bitcoin has suddenly collapsed again after spending what felt like an awfully long time (for Bitcoin) being fairly stable? No. Ask 50 different people and you'll get 50 different opinions, none of which are based on solid evidence. Likewise, you'll get 50 different opinions on what's going to happen next. As close as you're going to get is "that's the nature of bubbles", which is true. Any market which is over-heated will eventually correct, but no-one can predict exactly when or what will start the downturn. When a bubble eventually bursts, people tell themselves it's sudden even though it was utterly inevitable.
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Nov 27, 2018 23:53
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What moves the individual sucker is a mystery into themselves, but I imagine that some people are trying to secure their gains/limit their losses because 1. Needing money for holiday shopping 2. making GBS threads themselves in anticipation of taxes 3. The reality of number go down breaking through desperate optimism 4. The U.S. economy lurching it's way into a recession hitting the sad-sack-get-rich-quick set early and disproportionately 5. Miners packing it in, and 6. General malaise about the stock market
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Nov 28, 2018 00:02
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Surely this will see 100% adoption yielding billions in bottom line impact for Starbucks.
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Nov 28, 2018 00:27
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All theory of course. But makes sense from a high level view. Lolie posted:Likewise, you'll get 50 different opinions on what's going to happen next. Oh lawdy shits going down binch
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Nov 28, 2018 00:30
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whats the transaction fee on a bitcoin transfer for a coffee if you want the payment done immediately? surely its more than the 1-2% credit card providers charge
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Nov 28, 2018 00:33
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Fried Watermelon posted:whats the transaction fee on a bitcoin transfer for a coffee if you want the payment done immediately? lightning network is like one hundredth thousandth of a cent per transaction
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Nov 28, 2018 00:42
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Lightning network is also not real in today's environment and is buzzword to con people
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Nov 28, 2018 00:47
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Fried Watermelon posted:whats the transaction fee on a bitcoin transfer for a coffee if you want the payment done immediately? And remember that even with fees for preferential processing, the Bitcoin network can only process a small amount of transactions compared to the existing credit card and banking infrastructure. While the original intention was for Bitcoin to be low cost for microtransactions, it's not the reality. Starbucks would have to cash out in real time to avoid the risk of Bitcoin value dropping in the time between the purchase being made and them cashing out. Lolie fucked around with this message at 00:52 on Nov 28, 2018 |
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Nov 28, 2018 00:49
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ghosTTy posted:lightning network is like one hundredth thousandth of a cent per transaction Starbutts: "We saved 1% on this transaction!" *bitcorns lose 50% of value by end of business day*
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Nov 28, 2018 00:51
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Starbucks updates their price board to have an LCD showing the prices of their coffees in bitcoin, with the price changing every second as the value of bitcoin fluctuates.
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Nov 28, 2018 00:53
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don't bitcoin transactions take a while to go through? I wouldn't have thought it'd be ideal for a coffee shop
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Nov 28, 2018 00:56
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U-DO Burger posted:don't bitcoin transactions take a while to go through? I wouldn't have thought it'd be ideal for a coffee shop That's why they will have a little holding pen you sit in while the transaction processes, and it opens once it's cleared.
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Nov 28, 2018 00:57
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U-DO Burger posted:don't bitcoin transactions take a while to go through? I wouldn't have thought it'd be ideal for a coffee shop
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