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Andy Dufresne posted:I spent 5 minutes trying to figure out what this post is trying to say and I still don't get it IIRC it's an old TCC post of some tryhard showing off in the pictures thread.
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Jun 23, 2019 16:03
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Andy Dufresne posted:I spent 5 minutes trying to figure out what this post is trying to say and I still don't get it Did you see when I said after: "Nope I just clicked on his probation from the drug pics thread and was laughing at him smoking meth and slanging bitcoins and posing with guns. He's living the dream!"
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Jun 23, 2019 16:20
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MarksMan posted:I actually use more power than just my crypto, because of my 2 cultivation licenses. The crypto is about 79,000kWh/month, which is definitely more than the cultivation facilities. I feel bad about it sometimes I use between 600 and 800 kWh/month for my entire loving house. You are a loving idiot.
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Jun 23, 2019 21:55
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MarksMan listen carefully: you're real loving stupid!
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Jun 23, 2019 22:52
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pretty sure that dipshit isn't even reading the thread anymore, people don't get into bitcoin because of their willingness to follow good advice or criticism like look at those posts that Harry Potter on Ice pasted. That person is a lifelong tool and completely lacks the ability to introspect, and probably doesn't even fathom what that might mean
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Jun 23, 2019 23:11
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he seems pretty cool, to me
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Jun 23, 2019 23:18
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Missed His MarksMan
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Jun 24, 2019 20:30
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 you guys are 98% wrong (USER WAS PUT ON PROBATION FOR THIS POST)
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Jun 25, 2019 00:01
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ghosTTy posted:im 100% wrong Powershift posted:Better idea, give him this one.
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Jun 25, 2019 00:11
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Azathoth posted:Hey, since you proved you're actually mining, lemme say gently caress you for going out of your way to burn shitloads of electricity and be one more shithead contributing to our climate crisis.
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Jun 25, 2019 00:41
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ghosTTy posted:
lol awesome pie chart
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Jun 25, 2019 00:41
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Has anyone considered that the fundamentals of Bitcoin have changed so dramatically this year as to totally justify the price tripling?
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Jun 25, 2019 01:53
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My copy of David’s book arrived, today. It’ll be a few weeks before I can vouch for the contents, because I just started reading Cliff Stoll’s The Cuckoo’s Egg, but the package is nice. It’s got a thick, glossy cover, and the pages are way sturdier than mass market paperbacks. The printing is crisp and the pages are bright, and the charts and graphics are easy to read. You should probably buy it.ghosTTy posted:
Well, hell. I’m convinced. HodlCalc.com seems trustworthy. Probably no need to click through and check their sources and citations.
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Jun 25, 2019 02:09
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Veni Vidi Ameche! posted:Well, hell. I’m convinced. HodlCalc.com seems trustworthy. Probably no need to click through and check their sources and citations. [1] "HodlCalc - Is It Safe to Invest in Bitcoin in 2019? (Beginner's Guide)." 99 Bitcoins. Accessed June 24, 2019. https://99bitcoins.com/bitcoin/investment/.
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Jun 25, 2019 02:23
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Veni Vidi Ameche! posted:Well, hell. I’m convinced. HodlCalc.com seems trustworthy. Probably no need to click through and check their sources and citations. their methodology is literally: 1) what is the price of a bitcoin now? 2) how many days has the price ever been higher than that? 3) profitable days = total days bitcoin has existed - above
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Jun 25, 2019 02:31
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ghosTTy posted:
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Jun 25, 2019 02:35
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bad bitcoin post here
xtal fucked around with this message at 02:49 on Jun 25, 2019 |
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Jun 25, 2019 02:40
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xtal posted:bad bitcoin post here Ahh you changed it just in time. I was about to strike.
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Jun 25, 2019 02:49
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xtal posted:That seems like at least a decent way to calculate the average profit per person over time? It's not like it's going to profit every person every time, and it's obviously contingent on there being some other sucker you can sell it to. It's a statement about history. Add a human-in-the-loop heuristic so we can roll sweatshops into the mix.
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Jun 25, 2019 02:51
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Lol Fleetwood Crack posted:Ahh you changed it just in time. I was about to strike. Wht was it?
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Jun 25, 2019 02:59
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Burt Sexual posted:Lol Here's my take: the higher the hash rate, the worse bitcoin gets (for the environment). So as it gains popularity, it only gets worse. I don't think it's going away, and that makes me hate it even more.
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Jun 25, 2019 03:04
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Fleetwood Crack posted:Just a bad take endorsing the infographic as a fair representation of Bitcoin's usefulness as an investment. Jeez at least gostty posted goatse.
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Jun 25, 2019 03:06
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I didn't want to put in the effort for the math, but my intuition didn't change. Still, cryptocurrencies aren't investments, and when I said "you need to find a sucker to sell it to," another word for that is "paying for things." I don't believe in Bitcoin for a good number of reasons, but the fact that the entire financial system just embraced cryptocurrency probably says something. Instead of being anti-Bitcoin maybe you could just be anti-capitalist?
xtal fucked around with this message at 03:26 on Jun 25, 2019 |
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Jun 25, 2019 03:24
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You would kind of think this thread was done after Mastercard, Visa, eBay, PayPal, and Stripe were like "well, I guess we were wrong!"
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Jun 25, 2019 03:31
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They're literally just using the word, it's not like Bitcoin in any real sense afaik
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Jun 25, 2019 03:37
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welp the existing payment systems that are several orders of magnitude more energy efficient and capable of processing transactions adopted some buzzwords for marketing purposes, the computer tulip bulb induced death of capitalism is right around the corner. i guess we were wrong.
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Jun 25, 2019 03:41
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xtal posted:You would kind of think this thread was done after Mastercard, Visa, eBay, PayPal, and Stripe were like "well, I guess we were wrong!"
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Jun 25, 2019 03:47
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Mimesweeper posted:welp the existing payment systems that are several orders of magnitude more energy efficient and capable of processing transactions adopted some buzzwords for marketing purposes, the computer tulip bulb induced death of capitalism is right around the corner. i guess we were wrong. I mean to encourage people criticizing cryptocurrency to widen that view to currency in general. I'm not about to hear any complaints about Bitcoin wasting energy when USD is wasting human lives making your shirts and peeling your shrimp. If you aren't willing to disavow capitalism just yet, then a decentralized solution is at least the next best step. xtal fucked around with this message at 03:50 on Jun 25, 2019 |
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Jun 25, 2019 03:47
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strapping the goalposts to an elaborate overgrown RC car to own GBS
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Jun 25, 2019 03:50
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xtal posted:Instead of being anti-Bitcoin maybe you could just be anti-capitalist?
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Jun 25, 2019 03:50
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xtal posted:I mean to encourage people criticizing cryptocurrency to widen that view to currency in general. I'm not about to hear any complaints about Bitcoin wasting energy when USD is wasting human lives making your shirts and peeling your shrimp. If you aren't willing to disavow capitalism just yet, then a decentralized solution is at least the next best step. btw i saw your pre edit post and lmao forever
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Jun 25, 2019 03:56
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xtal posted:If you aren't willing to disavow capitalism just yet, then a decentralized solution is at least the next best step.
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Jun 25, 2019 03:57
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NLJP posted:They're literally just using the word, it's not like Bitcoin in any real sense afaik Saying they embrace the blockchain crypto approach is quite a stretch. I mean corporations do research and dev for all kinds of crazy poo poo that never goes anywhere.
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Jun 25, 2019 03:58
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xtal posted:I mean to encourage people criticizing cryptocurrency to widen that view to currency in general. I'm not about to hear any complaints about Bitcoin wasting energy when USD is wasting human lives making your shirts and peeling your shrimp. If you aren't willing to disavow capitalism just yet, then a decentralized solution is at least the next best step. Chinese people get paid in Yuan.
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Jun 25, 2019 03:59
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guys have you considered... yes this excruciatingly wasteful system of decentralized money that's only good for crimes is pretty bad, but... actually all money is bad. so this much worse version of money is actually not that bad.
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Jun 25, 2019 03:59
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Fleetwood Crack posted:What? Why? How does decentralization of currency bring us closer to post-capitalist society? Capitalism = Bad Statism = Bad Capitalism + Statism = Bad + Bad Capitalism + Statism - Statism = Bad Bad < Bad + Bad
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Jun 25, 2019 04:00
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xtal posted:Capitalism = Bad Ron Paul 2012!! End the fed! Seriously though, what sort of future do you envision that has no nation-state? How do we combat climate change if we've reduced human organization to the scale of small tribes? Crypto Cobain fucked around with this message at 04:06 on Jun 25, 2019 |
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Jun 25, 2019 04:03
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Hey everybody, remember Quadriga? I seem to recall that a goon called theft upon the news breaking and was marginally disappointed when the rebuttal came in that Reddit detectives were wrong. Turns out that the goon and Reddit detectives were right all along. According to Ernst & Young, a professional auditing firm it was all a fraud all along. Source. quote:This incredible twist is detailed in a report out this month [PDF], the fifth in a series from the top-flight beancounters, documenting their ongoing investigation into Quadriga following the unexpected death of Cotten at the age of 30. He died, according to his widow Jennifer Robertson, of complications from Crohn's disease in a hospital in Jaipur, India, last December.
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Jun 25, 2019 04:06
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xtal posted:You would kind of think this thread was done after Mastercard, Visa, eBay, PayPal, and Stripe were like "well, I guess we were wrong!" I found the guy that buys the bacon marketed as gluten free
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Jun 25, 2019 04:13
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Fleetwood Crack posted:... you know... the robots. they'll take care of it. that, and the farming, and repair work etc etc. guys. we did bring the robots, right? ....right???
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Jun 25, 2019 04:13
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