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Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib
Also, young people in dumb shitcoin "projects" that are all about "the perfect blockchain solution for $industry"

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Fried Watermelon
Dec 29, 2008


Only person I know in real life that has claimed to made a ton of money from bitcoin has conveniently had his new car "in the shop" for the last few years.

I know another guy who says his cousin made it rich on bitcoin but he's still working as a warehouse employee breaking his back with a car that's literally falling apart so I don't quite think that's true.

I'd love to invest in a monetary scheme where 50% of money doesn't move in a year. Seems like a great idea! Not like that's one of the biggest problems with our current monetary system that Bitcoin claims to be better than.

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib
It's like your relatives that are at the casino all the time and totally come out ahead.

HerniaFlange
Aug 4, 2013

You when you read my posts:

Fried Watermelon posted:

Only person I know in real life that has claimed to made a ton of money from bitcoin has conveniently had his new car "in the shop" for the last few years.

I know another guy who says his cousin made it rich on bitcoin but he's still working as a warehouse employee breaking his back with a car that's literally falling apart so I don't quite think that's true.

I'd love to invest in a monetary scheme where 50% of money doesn't move in a year. Seems like a great idea! Not like that's one of the biggest problems with our current monetary system that Bitcoin claims to be better than.

I'm going to guess that they're constantly trying to help you by letting you buy some of theirs to start earning on this wonderful investment they made.

Razorwired
Dec 7, 2008

It's about to start!
Yeah the only person I know who got money out of crypto just told me he turned more profit by buying a used car with an active recall, taking it to the dealership for a free replacement part, then flipping the car.

He mostly pulled beer money and got out like a year and a half ago.

Dawncloack
Nov 26, 2007
ECKS DEE!
Nap Ghost
The last buttcoiner I met in person tried reverse psychology on me. "Yeah, you shouldnt get into bitcoin, it's not the latest thing already. Unless you know a guy!

What a pathetic failson he was.

Feral Bueller
Apr 23, 2004

Fun is important.
Nap Ghost
I made a fair amount. Biggest problem was 40% capital gains tax for coins held less than one year. I didn't get into it until 2017, on the advice of someone whose opinion I trust.

I paid back my original investment (wager), paid off credit cards, car, and did some home improvements (new HVAC and windows). It can all go to zero at this point and I'm good. If it doesn't, I'm also good.

xtal
Jan 9, 2011

by Fluffdaddy
What does the thread think about https://en.wikipedia.org/wiki/Pineapple_Fund (Their site is down now that the project is over)

Paladinus
Jan 11, 2014

heyHEYYYY!!!

xtal posted:

What does the thread think about https://en.wikipedia.org/wiki/Pineapple_Fund (Their site is down now that the project is over)

I like pineapples.

Burt Sexual
Jan 26, 2006

by Jeffrey of YOSPOS
Switchblade Switcharoo

Feral Bueller posted:

I made a fair amount. Biggest problem was 40% capital gains tax for coins held less than one year. I didn't get into it until 2017, on the advice of someone whose opinion I trust.

I paid back my original investment (wager), paid off credit cards, car, and did some home improvements (new HVAC and windows). It can all go to zero at this point and I'm good. If it doesn't, I'm also good.

And this is your first post in. 699 page thread about bitcoin?

E: :nice:

PhazonLink
Jul 17, 2010
so how stupid are the founders of the buttcoin exchange Gemini are? WNYC had a interview with them(and some athor of a coinz book) and sounded like they had to really HOD back on their true emotions/opinons on their buttz.

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Feral Bueller posted:

I made a fair amount. Biggest problem was 40% capital gains tax for coins held less than one year. I didn't get into it until 2017, on the advice of someone whose opinion I trust.

I paid back my original investment (wager), paid off credit cards, car, and did some home improvements (new HVAC and windows). It can all go to zero at this point and I'm good. If it doesn't, I'm also good.

orange juche
Mar 14, 2012



PhazonLink posted:

so how stupid are the founders of the buttcoin exchange Gemini are? WNYC had a interview with them(and some athor of a coinz book) and sounded like they had to really HOD back on their true emotions/opinons on their buttz.

They're the Winkelvii, how stupid do you think they are?

By all accounts they are breathless supporters of the butts.

D-Pad
Jun 28, 2006

This guy took "to the moon!" literally

http://www.righto.com/2019/07/bitcoin-mining-on-apollo-guidance.html?m=1

kuddles
Jul 16, 2006

Like a fist wrapped in blood...
I feel bad about not investing in Bitcoin the same way I feel bad about not investing in Herbalife, in that I have no way of telling what ridiculous scams are going to be embraced by the speculative market and which ones are not.

Also, nobody was telling people to invest in Bitcoin when it was $.25. They were telling everyone to just mine Bitcoins and hold on to them because it was totally going to become the currency of the future. Even if you get to be smug about the price of Bitcoin now, it's only with the irony that the price is reflective of the same old business suits guessing that it might be worth trading in exchange for traditional fiat US cash and is literally the opposite of a disruptive technology.

Shumagorath
Jun 6, 2001

d3lness posted:

Since we all want to knock out buttcoiners, content from the schad thread... again. It's a 17 second clip. Guy crashes like coin on a day that end with "y".
Sandy Hook trutherism? They should have stretchered him out just to roll him down some stairs.

ItBurns
Jul 24, 2007

Burt Sexual posted:

And this is your first post in. 699 page thread about bitcoin?

E: :nice:

I did too but I don't know how many posts I have here.

Edit: Looks like 20ish.

Satchel and Trunk
Nov 4, 2008
Nobody who had bitcoins at 0.25 cents has them anymore. They were either sold, stolen, or lost a long time ago.

ItBurns
Jul 24, 2007

Satchel and Trunk posted:

Nobody who had bitcoins at 0.25 cents has them anymore. They were either sold, stolen, or lost a long time ago.

This is why I don't fret about it. I would have either sold at $0.50 a smug genius, lost the password or the actual drive, or had them stolen long before they were worth any amount of life-changing money. And now I can't rationalize keeping anything on any of the exchanges when I could log in to "penis" any given day and most of the trading is just bots run by the exchanges. It was fun while it lasted but I'm sitting this one out.

Feral Bueller
Apr 23, 2004

Fun is important.
Nap Ghost

Burt Sexual posted:

And this is your first post in. 699 page thread about bitcoin?

E: :nice:

Lurking. I have the thread bookmarked and check it every thousand or so posts.

The last 2 years have been a bit of a roller coaster personally with crypto, so focus was necessary.

Right now I’m waiting on BTC to drop below $8K ($10K if I’m being antsy).

My fear/hope is that it’s not going to this year. We shall see.

lynch_69
Jan 21, 2001

Alternatively, just burn your money in a big bonfire and put it up on YouTube.

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.
This isn't a burn at the lurker but loving lmao at this post:

JeremyLinForever[S] 3 points 11 hours ago

There’s just something about thinking to yourself that being a Bitcoin millionaire is so much more awesome and cooler than being a regular millionaire.

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

EorayMel posted:

This isn't a burn at the lurker but loving lmao at this post:

JeremyLinForever[S] 3 points 11 hours ago

There’s just something about thinking to yourself that being a Bitcoin millionaire is so much more awesome and cooler than being a regular millionaire.

JeremyLolForever

Sickening
Jul 16, 2007

Black summer was the best summer.

Feral Bueller posted:

Lurking. I have the thread bookmarked and check it every thousand or so posts.

The last 2 years have been a bit of a roller coaster personally with crypto, so focus was necessary.

Right now I’m waiting on BTC to drop below $8K ($10K if I’m being antsy).

My fear/hope is that it’s not going to this year. We shall see.

Its weird, everyone is making money and paying off debt and nobody is losing money on grifter coin. Its almost as if all these stories are made up by people with weird fantasies they make up in their head.

Azerban
Oct 28, 2003



Hammerite posted:

JeremyLolForever

that's nba champion jeremy lin to you

AkumaHokoru
Jul 20, 2007

Azerban posted:

that's nba champion jeremy lin to you

still super happy he got a ring before melo.

Burt Sexual
Jan 26, 2006

by Jeffrey of YOSPOS
Switchblade Switcharoo

Sickening posted:

Its weird, everyone is making money and paying off debt and nobody is losing money on grifter coin. Its almost as if all these stories are made up by people with weird fantasies they make up in their head.

Probably some of that, but also who's going to self-report that hey I lost poo poo ton of money on my dumb bitcoin gambling habit!

ItBurns
Jul 24, 2007

Sickening posted:

Its weird, everyone is making money and paying off debt and nobody is losing money on grifter coin. Its almost as if all these stories are made up by people with weird fantasies they make up in their head.

Now we have a lurker and someone who hasn't read the last 700 pages. You'll never learn my 1 weird trick to paying off debt with that attitude.

LordArgh
Mar 17, 2009

Nap Ghost
more like "butt" coin

Joe Chill
Mar 21, 2013

"What's this dance called?"

"'Radioactive Flesh.' It's the latest - and the last!"

Burt Sexual posted:

Probably some of that, but also who's going to self-report that hey I lost poo poo ton of money on my dumb bitcoin gambling habit!

Like that earlier poster who spent ~100k in electricity bills mining bitcoins and never sold any. It's such a strange hybrid of gambling and a pyramid scheme it blows my mind.

necrotic
Aug 2, 2005
I owe my brother big time for this!
I got paid a single Bitcoin when they were worth a few bucks. I promptly lost the wallet.

ItBurns
Jul 24, 2007
I lost like $20 of erasure because I sent it to the wrong wallet.

buglord
Jul 31, 2010

Cheating at a raffle? I sentence you to 1 year in jail! No! Two years! Three! Four! Five years! Ah! Ah! Ah! Ah!

Buglord
I'm going to help a buddy of mine build a gaming PC in a couple of months. It's nice that RAM prices have gone down and the R5 3600 looks like the new price:peformance king, but man I'm worried some dumb price explosion is gonna happen to the coins and the prices of GPUs will go up up up!

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here
That's the way to do it. Get your friends to buy AMD products while you watch from afar with your proper nvidia/intel setups.

Crypto Cobain
Jun 17, 2018

by Reene

buglord posted:

I'm going to help a buddy of mine build a gaming PC in a couple of months. It's nice that RAM prices have gone down and the R5 3600 looks like the new price:peformance king, but man I'm worried some dumb price explosion is gonna happen to the coins and the prices of GPUs will go up up up!
at 12 grand per btc I doubt we'll see another price explosion anytime soon, this is the peak of a bull run imho.

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib

buglord posted:

I'm going to help a buddy of mine build a gaming PC in a couple of months. It's nice that RAM prices have gone down and the R5 3600 looks like the new price:peformance king, but man I'm worried some dumb price explosion is gonna happen to the coins and the prices of GPUs will go up up up!

Still debating on whether I want the 3600 or the 3700x. Probably not worth paying the extra price for the X, but I kind of want to max out my small form factor setup. But, as long as there's only a single ITX mainboard available, I'm waiting anyways.

ilovebeersooomuch
May 23, 2014



Lambert posted:

Still debating on whether I want the 3600 or the 3700x. Probably not worth paying the extra price for the X, but I kind of want to max out my small form factor setup. But, as long as there's only a single ITX mainboard available, I'm waiting anyways.

get the one with the calcuclitter in it

Feral Bueller
Apr 23, 2004

Fun is important.
Nap Ghost

Sickening posted:

Its weird, everyone is making money and paying off debt and nobody is losing money on grifter coin. Its almost as if all these stories are made up by people with weird fantasies they make up in their head.

If that narrative makes you feel better about your life decisions, run with it. I got super lucky on my timing, and I've focused primarily on BTC (85% of current crypto holdings).


Burt Sexual posted:

Probably some of that, but also who's going to self-report that hey I lost poo poo ton of money on my dumb bitcoin gambling habit!

Spread your bets, don't gamble more than you can afford to lose, know when to take your money off the table.

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib

Feral Bueller posted:

Spread your bets, don't gamble more than you can afford to lose, know when to take your money off the table.

Also, know when to hold 'em, know when to fold 'em, know when to walk away and know when to run

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Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

ItBurns posted:

I lost like $20 of erasure because I sent it to the wrong wallet.

You should have treated the technology with a little respect IMO.

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