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I would blow Dane Cook posted: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 01:01
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Harveygod posted:Starbutts: "We saved 1% on this transaction!" If its anything like anyone else who accepted bitcoin, itll just be using an intermediary to immediately offload the coin for cash and then not refund you the coin.
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Nov 28, 2018 01:06
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19 o'clock posted:Surely this will see 100% adoption yielding billions in bottom line impact for Starbucks. quote:“As the flagship retailer, Starbucks will play a pivotal role in developing practical, trusted and regulated applications for consumers to convert their digital assets into US dollars for use at Starbucks,” said Maria Smith, Vice President, Partnerships and Payments for Starbucks. “As a leader in Mobile Pay to our more than 15 million Starbucks Rewards members, Starbucks is committed to innovation for expanding payment options for our customers.”
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Nov 28, 2018 01:09
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There was a pub in England that would take Bitcoin, but I think he gave up on it after multiple times when the transaction just didn't work and the person had already left, and only a few people bothered to use Bitcoin in the first place.
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Nov 28, 2018 01:23
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Gobbeldygook posted:I've bolded the important bit: this is only for Starbucks Rewards members. In order to use your totally untraceable and anonymous currency of the future you just have to do this two little things 1) sign up for our rewards program, giving us all your personal information and letting us track all your purchases. 2) convert your digital currency you can use “anywhere” to our currency you can only use with us that has an expiration date because we don’t trust your currencies stability. Checks out. What a bright future for bitcoin. Saltpowered fucked around with this message at 01:27 on Nov 28, 2018 |
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Nov 28, 2018 01:24
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I feel like there are a series of posts putting way too much into hypothetical cases where bitcoin may be used for something other than small grey markets, but it's a pointless sidetrack. 3 transactions per second. It can't ever be used for anything real, and it won't ever be modified (see Bitcoin Cash). There are more nuanced debates around why other shitcoins won't ever be used.
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Nov 28, 2018 01:24
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kw0134 posted:I'd have to dig it up but there are unironic posts about the future of commerce where every store will have little lounges while you wait for your bitcoin transactions to complete. People will actively transition to this because ??? and it'll be better because something something fiat end central banker slavery I'm sure they'll be just as enthusiastic about the idea if the stores use a different blockchain currency that they can't premine
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Nov 28, 2018 01:26
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Ohio will now let you pay your taxes in Bitcoin. You never disappoint, Ohio.
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Nov 28, 2018 01:31
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https://medium.com/s/thenewnew/the-blockchain-could-save-legalized-weed-stop-rolling-your-eyes-53b47125c761 Medium seems to be a hotbed of Bitcoin and Blockchain apologetics, but this one really made me roll my eyes despite his request not to do so. It's just a perfect example of "find/replace - database/blockchain".
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Nov 28, 2018 02:01
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i saw this thread because of a butt shooting coins out ad banner, buy the dip
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Nov 28, 2018 02:36
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Wasn't there a burrito place that accepted Bitcoin till it went out of business due to keeping all of its BTC in mtgox?
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Nov 28, 2018 02:41
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JohnnySavs posted:Ohio will now let you pay your taxes in Bitcoin. You never disappoint, Ohio. This was mentioned pages ago. Please read the thread.
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Nov 28, 2018 02:51
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So I met up again with my local small town crypto believer tonight. He hangs at the same pub. He brings this poo poo up unprompted. It’s weird. Was btc, changed to eth, now stable coins. I asked about tether and he said that’s a scam! I asked how tether and btc are tied, he didn’t know. Now he said he made six figures last year while his wife was nodding at me. It’s the only in the wild guy I’ve ever seen. Says he’s paying taxes. What is this stable(lol)coin poo poo? My head was askew as I’m the only guy he knows that actually know how this poo poo works. Exchanges, pki that I had to explain, hash algorithms, etc.
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Nov 28, 2018 03:01
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VitalSigns posted:Boat's coming back to pick up those who missed it the Excuse me, sir. We stop at Lambo station first, then go Moon.
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Nov 28, 2018 03:07
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Burt Sexual posted:So I met up again with my local small town crypto believer tonight. He hangs at the same pub. He brings this poo poo up unprompted. It’s weird. Was btc, changed to eth, now stable coins. I asked about tether and he said that’s a scam! I asked how tether and btc are tied, he didn’t know. Now he said he made six figures last year while his wife was nodding at me. It’s the only in the wild guy I’ve ever seen. Says he’s paying taxes. Tether is a "fiat currency backed stablecoin" whatever the gently caress that is. So, basically anything that is "AS GOOD AS DOLLARS/YEN/EUROS/GBP" whatthefuckever is considered a stablecoin. Apparently they're supposed to be coins that are not subject to market volatility, but what I don't get is how they think that people will give them real money for their fake money when the whole house of cards is finally collapsing?
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Nov 28, 2018 03:27
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Burt Sexual posted:So I met up again with my local small town crypto believer tonight. He hangs at the same pub. He brings this poo poo up unprompted. It’s weird. Was btc, changed to eth, now stable coins. I asked about tether and he said that’s a scam! I asked how tether and btc are tied, he didn’t know. Now he said he made six figures last year while his wife was nodding at me. It’s the only in the wild guy I’ve ever seen. Says he’s paying taxes. https://en.wikipedia.org/wiki/Stablecoin quote:stablecoin is a cryptocurrency designed to minimize the price volatility. Stablecoins are used as stores of value or units of account, as well as in other use cases where volatile cryptocurrencies may be less desirable. In theory they are a bridge between real assets and cryptocurrency to eliminate the volatility of cryptos backed by the existence of something tangible. In reality they are the same scam as tether, just with new names to stay ahead of laws and regulation now that tether is drawing attention. I'm sure that guy accidentally made money if he was a true believer pre-november 2017 but his mistake is thinking this speaks to his wisdom.
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Nov 28, 2018 03:31
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Rectal Death Adept posted:https://en.wikipedia.org/wiki/Stablecoin That wiki makes no sense to me at all. Not your fault. Decentralized currency with a centralized value based commodity? I’m to dumb for crypto And he actually did buy low(er) and sold high. He’s not an Econ major, let’s just leave it as that. He got, in actual cash value out, a tricked up Mazda Miata looking thing. I always say, cool! Lol I want more lols.
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Nov 28, 2018 03:56
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Burt Sexual posted:
I'm certain a lot of people made a lot of money, but remind yourself that last year was a long time ago, and how much has he made in the 11 months since then?
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Nov 28, 2018 03:59
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In that dude's defense, though, which one of you started bragging about their money first?
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Nov 28, 2018 04:03
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Warm und Fuzzy posted:In that dude's defense, though, which one of you started bragging about their money first? What?
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Nov 28, 2018 04:06
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the tiny "we buy gold and silver" booth at the mall has a sign that says they also buy and sell butts. well thats my butts in the wild story.
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Nov 28, 2018 04:44
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Moon is another word for butt. Buttcoin.
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Nov 28, 2018 04:46
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PhazonLink posted:the tiny "we buy gold and silver" booth at the mall has a sign that says they also buy and sell butts. Probably the safest way to sell your shitcoins.
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Nov 28, 2018 04:52
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is each shitcoin backed by 1 poo poo (USER WAS PUT ON PROBATION FOR THIS POST)
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Nov 28, 2018 04:59
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Burt Sexual posted:That wiki makes no sense to me at all. Not your fault. Decentralized currency with a centralized value based commodity? I’m to dumb for crypto ooooh strange but I thought people never made money off investing in bitcoin 
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Nov 28, 2018 05:05
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Warm und Fuzzy posted:I'm certain a lot of people made a lot of money, but remind yourself that last year was a long time ago, and how much has he made in the 11 months since then? You know stocks can drop in value too. GMs is down a bit I heard
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Nov 28, 2018 05:08
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Big push back up towards 4k, brace yourselves.
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Nov 28, 2018 05:40
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My Linux Rig posted:ooooh strange but I thought people never made money off investing in bitcoin Ah yes, the thing no one has ever said in any of these threads.
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Nov 28, 2018 05:43
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Andy Dufresne posted:I feel like there are a series of posts putting way too much into hypothetical cases where bitcoin may be used for something other than small grey markets, but it's a pointless sidetrack. 3 transactions per second. It can't ever be used for anything real, and it won't ever be modified (see Bitcoin Cash).
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Nov 28, 2018 06:30
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Starbucks could actually practically take in bitcoins without giftcards. You have to first give starbucks the bitcoins into their wallet. Then you can deduct from the bitcoins as you make transactions with prices that are updated in real-time based on what Starbucks thinks is the appropriate dynamic bitcoin price of an item at that very second. Starbucks basically has to act as their own bitcoin exchange where they keep all the bitcoin amounts people have as entries on their own database ledger outside the blockchain so that it can actually be scaled and use-able as a currency at their stores just like their giftcards work. Then, in order to remove problems where people don't want to store bitcoins just at starbucks, Starbucks can start offering this bitcoin payment service to other companies in a conglomerate so that people can pay using bitcoins using this pseudo-exchange at more stores. This is the only practical way bitcoin could be used as a currency. Why this is a hilariously damning indictment of bitcoin's shittiness is left as an exercise to the reader.
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Nov 28, 2018 06:36
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it all wraps around to bitcoin being pointless for buying legal things and pointless as a currency when everything you could theoretically buy is priced in $ in the first place and happens to be a much better real currency in the first place
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Nov 28, 2018 06:40
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gary oldmans diary posted:it all wraps around to bitcoin being pointless for buying legal things and pointless as a currency when everything you could theoretically buy is priced in $ in the first place and happens to be a much better real currency in the first place hehe not if starbucks starts PAYING their own EMPLOYEES in bitcoin too!
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Nov 28, 2018 06:43
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You fill sixteen cups What do you get? Another day older and deeper in debt St. Peter dont you call me because I can't go I owe my satoshis to the company stoooore
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Nov 28, 2018 06:47
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gary oldmans diary posted:it all wraps around to bitcoin being pointless for buying legal things and pointless as a currency when everything you could theoretically buy is priced in $ in the first place and happens to be a much better real currency in the first place
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Nov 28, 2018 06:57
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Nybble posted:There was a pub in England that would take Bitcoin, but I think he gave up on it after multiple times when the transaction just didn't work and the person had already left, and only a few people bothered to use Bitcoin in the first place. this got a section in THE BOOK the guy is Steve Early, he ran a string of pubs (I think he's sold them now). he's also a computer scientist, so he knows precisely how bitcoin actually works he started accepting bitcoins in mid-2013 - zero conf, cos it's a pub so whoever buys the beer/food is right there for the 10 min confirmation time he did ... pretty ok with it? basically if every transaction had turned out bogus, he'd still be ahead on publicity he gave it up in 2017 because transactions were so slow, unreliable and expensive that bitcoin was literally unusable even for the few merchants who managed to do okay out of it he's also the reason the book has a footnote about the definition of "merkle tree", because of course bitcoiners use their own slightly wrong made-up definition, not the proper one
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Nov 28, 2018 08:18
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divabot posted:this got a section in THE BOOK It was a good book. When's the sequel?
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Nov 28, 2018 08:33
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My Linux Rig posted:You know stocks can drop in value too. GMs is down a bit I heard The one bright spot about most scams is they tend to hit the elderly. It's still sad but they were on the way out anyway. Bitcoins...man people are gonna live with that regret for decades.
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Nov 28, 2018 09:10
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Are bitcoins safe to invest in yet? is the speculation over ?
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Nov 28, 2018 09:15
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Yeah man go for it
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Nov 28, 2018 09:20
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jokes posted:Are bitcoins safe to invest in yet? is the speculation over ? Solid username/post combo
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Nov 28, 2018 09:44
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