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https://twitter.com/nycsouthpaw/status/1068257069613178880
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Nov 29, 2018 22:36
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Warbadger posted:Specifically a bunch of Tether was printed and used to buy Bitcoins at a higher price. This drives up the price. I assumed that as soon as Tether was, uh, un-tethered, it would immediately crater to $0.00 in a mad rush to get away from it. Does it actually still "have value"?
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Nov 29, 2018 22:57
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Ignoranus posted:I assumed that as soon as Tether was, uh, un-tethered, it would immediately crater to $0.00 in a mad rush to get away from it. Does it actually still "have value"? In the same way dirty fiat has value
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Nov 29, 2018 23:05
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MERL Tech: Blockchain for International Development. "We documented 43 blockchain use-cases ... no documentation or evidence of the results blockchain was purported to have achieved in these claims ... Not one was willing to share data on program results." the author of this fine piece would be delighted if you could all spread it as absolutely far and wide as possible, in the cause of the sacred butt. thank you.
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Nov 29, 2018 23:15
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what if we put blockchain on the blockchain
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Nov 29, 2018 23:21
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I do know if we put a block chain on twitter, you get Laura Loomer. The analogy also applies to its usefulness.
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Nov 29, 2018 23:49
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Nov 29, 2018 23:51
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Lol. Solid burn.
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Nov 30, 2018 00:10
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Nice
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Nov 30, 2018 00:18
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divabot posted:MERL Tech: Blockchain for International Development. "We documented 43 blockchain use-cases ... no documentation or evidence of the results blockchain was purported to have achieved in these claims ... Not one was willing to share data on program results." I'm shocked they found 43 instances where somebody was loving dumb enough to actually bring the project to completion.
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Nov 30, 2018 00:23
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Ignoranus posted:I assumed that as soon as Tether was, uh, un-tethered, it would immediately crater to $0.00 in a mad rush to get away from it. Does it actually still "have value"? Tether still has value w/r/t the price of crypto currency as long as exchanges recognize it as having value when calculating things. Which will be for as long as possible, because this is a scam and keeping prices artificially high as long as possible benefits everyone involved in the scam. It's clever in that they created a coin whose value is not determined by people selling/buying it - they simply say it's always worth $1 per coin and thus even as the entire crypto market spirals down the drain they can still use tether to pump the price of other coins without spending any real $$. Warbadger fucked around with this message at 01:04 on Nov 30, 2018 |
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Nov 30, 2018 00:45
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Crackbone posted:I'm shocked they found 43 instances where somebody was loving dumb enough to actually bring the project to completion. dude actually started as a huge blockchain advocate. he'd read so many positive white papers! and news coverage! then someone asked him to detail these successful use cases, and he went hunting for the details and, welp
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Nov 30, 2018 00:48
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The real loss.jpg
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Nov 30, 2018 00:53
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Heath posted:The real loss.jpg 
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Nov 30, 2018 00:59
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SHY NUDIST GRRL posted:Even if you don't "break even" some places will throw $100 at you a day for a week or other big promotions for first timers. So you can make a few hundred by hanging out and playing lovely arcade games for an hour a day. Free play rules compared to crypto (if their ploy doesn't work in addicting you) If you cash your paycheck at the casino near my place you get a free drink, some free play tokens and get entered into a lottery to win cash and cars. They just desperately want you THERE in the building with the money in your hand poverty goat posted:why is it going up again if this is the end of bitcoin lol
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Nov 30, 2018 01:02
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Heath posted:The real loss.btc
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Nov 30, 2018 01:27
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Heath posted:The real loss.jpg Quick someone make a loss edit
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Nov 30, 2018 01:36
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Looks like Floyd's gonna have to fight (yet again) to recoup these penalties (and pay whatever back taxes he still has)!
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Nov 30, 2018 01:39
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orange juche posted:Quick someone make a loss edit  
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Nov 30, 2018 02:06
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orange juche posted:Quick someone make a loss edit
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Nov 30, 2018 02:11
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Needs more Chris Roberts.
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Nov 30, 2018 02:18
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Gum posted:the trick is to avoid doing something monumentally stupid, like buying a ton of bitcoins on mtgox after they suspend withdrawals  Oh boy cheap bitcoins on mtgox! BUY BUY BUY! I'm sure they'll fix the problem with withdrawals soon 
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Nov 30, 2018 02:20
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Perfection
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Nov 30, 2018 02:28
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Nov 30, 2018 12:18
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A very stable store of value.
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Nov 30, 2018 13:43
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Buttcoin has such sights to show us. Like what effective hyperinflation looks like with a 4 hour transaction lag time. Or would, if anything was actually sold for butts.
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Nov 30, 2018 15:14
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Bitcoin crashes 37 percent in November, wiping $70 billion off of cryptocurrencies' market value https://www.cnbc.com/2018/11/30/bitcoin-fell-37-percent-in-november-erasing-70-billion-from-industry.html just something something lemons
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Dec 1, 2018 02:43
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HʏᴘᴇʀBɪᴛᴄᴏɪɴɪᴢᴀᴛɪᴏɴ
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Dec 1, 2018 03:08
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red sampson posted:Bitcoin crashes 37 percent in November, wiping $70 billion off of cryptocurrencies' market value quote:“It’s unclear if this is a ‘bottom’ or a brief period of consolidation before next move down, but buyers are still maintaining some cash on the sidelines in case it does go lower,” said Michael Moro said, CEO of Genesis Global Trading. huh, people that could buy are not buying, tyvm for this financial wizardry
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Dec 1, 2018 03:14
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https://twitter.com/thedrbits/status/1068382619304263680
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Dec 1, 2018 03:45
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that's just what they want you to think
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Dec 1, 2018 03:50
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So how does Monero work, anyway?
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Dec 1, 2018 03:56
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You seem to put a lot of trust in the FBI
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Dec 1, 2018 04:41
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Nessus posted:You seem to put a lot of trust in the FBI You seem to have sold out to tenable
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Dec 1, 2018 04:52
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Nessus posted:You seem to put a lot of trust in the FBI i wouldn't believe anything the FBI tells me, but i also do believe that they are primarily incompetent on the whole it's a conundrum for sure
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Dec 1, 2018 05:01
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what about dogecoin
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Dec 1, 2018 05:04
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I'm curious about monero too. For the transaction to be truly untraceable wouldn't have to leave no information for who gets paid, and if so then no guarantee the correct recipient also gets paid? In order for it to work shouldn't there be some information available of who is being paid
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Dec 1, 2018 05:48
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Or the FBI agent got in on monero early and is hoping to cash in.
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Dec 1, 2018 05:51
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Waltzing Along posted:Or the FBI agent got in on monero early and is hoping to cash in.
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Dec 1, 2018 07:18
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Agreed, Sounds like the world's most obvious honey-pot ever
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Dec 1, 2018 07:33
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