|
There Bias Two posted:I love how that whole thread is basically, "This is why you should commit tax evasion and you're so stupid if you haven't." Sometimes I feel like you people don't understand the point of bitcoin
|
#
?
Jul 26, 2019 15:02
|
|
|
|
| # ? Jun 5, 2024 13:50 |
|
|
The Bitcoiner's Dilemma: You either go with the regulated exchange with access to the US financial system but they follow AML/KYC laws and report you to the IRS or you go with the sketchy overseas exchange that will eventually be blacklisted from the US financial system, doesn't follow KYC/AML laws, won't report you to the IRS, and might just steal your money at some point because they know you wouldn't be dealing with them unless you were doing something illegal.
|
|
#
?
Jul 26, 2019 15:19
|
|
|
There Bias Two posted:I love how that whole thread is basically, "This is why you should commit tax evasion and you're so stupid if you haven't." I'm gonna enjoy hearing about the tax evasion hearings where Bitcoiners realize that their Reddit posts about duping the feds are easily findable.
|
|
#
?
Jul 26, 2019 15:22
|
|
|
https://twitter.com/kait_zilla/status/1156235460315897857
|
|
#
?
Jul 30, 2019 21:03
|
|
|
plenty of exchanges and schemes have looked scummier than that and still fleeced idiots just fine, give it a chance
|
|
#
?
Jul 30, 2019 21:06
|
|
|
xtal posted:Sometimes I feel like you people don't understand the point of bitcoin
|
|
#
?
Jul 30, 2019 21:40
|
|
|
Speaking of shady af exchanges. https://www.cbc.ca/news/canada/nova-scotia/quadriga-collapse-lawyers-accountants-fees-approved-1.5231677 No, there's no body he just
|
|
#
?
Jul 31, 2019 20:32
|
|
|
You can never die if you upload your soul to blockchain.
|
|
#
?
Aug 1, 2019 22:50
|
|
|
Paladinus posted:You can never die if you upload your soul to blockchain. You can actually become like 16 people if the soulchain forks a bunch of times after you do
|
|
#
?
Aug 1, 2019 22:56
|
|
|
odd question I havent read the whole thread. I see Bitcoin is crazy high right now. But last I heard all the darknet drug markets were busted or the CIA has broke TOR. So what is keeping the price high? Is it china?
|
|
#
?
Aug 12, 2019 08:46
|
|
|
My guess is weakened real currencies
|
|
#
?
Aug 12, 2019 08:55
|
|
|
tether pumping. There's been 2 billion tethers issued since April. it's pretty clearly manipulation, because this false bubble is showing negligible retail interest
|
|
#
?
Aug 12, 2019 09:48
|
|
|
"the fed just prints money!!1" *wash trades with billions of imaginary dollars*
|
|
#
?
Aug 12, 2019 11:12
|
|
|
Ups_rail posted:odd question I havent read the whole thread.
|
|
#
?
Aug 12, 2019 11:41
|
|
|
Ups_rail posted:But last I heard all the darknet drug markets were busted or the CIA has broke TOR. Lol
|
|
#
?
Aug 12, 2019 11:53
|
|
|
Okay back when I really followed bitcoin and this was loving years ago the market was small enough that you could see spike just before the weekend like people were getting ready to party. Then silk road went down etc. I wont ask for any names but are you lol at dark markets or CIA
|
|
#
?
Aug 12, 2019 12:33
|
|
|
Ups_rail posted:Okay back when I really followed bitcoin and this was loving years ago the market was small enough that you could see spike just before the weekend like people were getting ready to party. Then silk road went down etc. both neither of those things are true, where did you hear/read that?
|
|
#
?
Aug 12, 2019 13:13
|
|
|
CIA agents outing themselves right before our eyes
|
|
#
?
Aug 12, 2019 16:18
|
|
|
divabot posted:tether pumping. There's been 2 billion tethers issued since April. To elaborate on this, Bitfinex, one of the bigger exchanges, has issued their own cryptocurrency Tether. They've kinda sorta promised that each Tether is backed up by assets and redeemable for a dollar each, originally supposed to be backed by actual dollars but now just other crypto assets. They also have repeatedly promised public audits while issuing billions of Tether, but that has yet to materialize. Bitfinex is literally printing Bitfinex Funbux with nothing to back them, and buying up all kinds of crypto on their exchange with it. This is compounded because other exchanges allow Tether to be traded and it's become a way to exchange dollar value between various exchanges without needing to cash out to actual currency. tl;dr there's a massive bubble because one of the exchanges is pumping the price to remain solvent and the other big exchanges don't want to pop it by looking too hard at Tether.
|
|
#
?
Aug 12, 2019 16:35
|
|
|
Azathoth posted:To elaborate on this, Bitfinex, one of the bigger exchanges, has issued their own cryptocurrency Tether. The other exchange benefit from tether, just less so than bitfinex. The real losers are the ones who put actual money into the system.
|
|
#
?
Aug 12, 2019 16:40
|
|
|
 There's a second image of 580s from a different maker, 9 of them. It's probably safe to guess that these were cooked while mining for crypto, right? I know they're not really $1, but I'm guessing they'd be for a suspiciously low price if I asked and I'm assuming this is why.
|
|
#
?
Aug 12, 2019 18:59
|
|
|
HerniaFlange posted:
Although with AMD it varies because people flash the cards and do dumb stuff sometimes. "Smart" miners undervolted so they should be in better condition than gaming cards, but I wouldn't put money on some guy with 9 rx580s being smart.
|
|
#
?
Aug 12, 2019 19:03
|
|
|
Khorne posted:Usually the 5xx series cards and nvidia 10 series cards aren't wrecked by mining. Huh, okay. I sent a message, I guess it can't hurt to ask. Thank you! Edit: They want $150 each, used for mining for 4 months, and were all flashed. I'm guessing I'm better off just spending the extra and buying new when the time comes. HerniaFlange fucked around with this message at 20:15 on Aug 12, 2019 |
|
#
?
Aug 12, 2019 19:23
|
|
|
HerniaFlange posted:
For sale: graphic cards, never gamed.
|
|
#
?
Aug 12, 2019 19:30
|
|
|
Ups_rail posted:odd question I havent read the whole thread. The darknet drug markets are like the hydra & there has been no serious downtime since dread pirate Roberts started the first silk road
|
|
#
?
Aug 12, 2019 19:40
|
|
|
Khorne posted:Usually the 5xx series cards and nvidia 10 series cards aren't wrecked by mining. I remember the 2017 crypto mining thread on these very dead gay forums. You'll be loving amazed to know that crypto miners treat their cards like poo poo, and if there's a way to wreck them they totally will.
|
|
#
?
Aug 12, 2019 22:43
|
|
|
https://www.bloomberg.com/news/articles/2019-08-12/china-s-pboc-says-its-own-cryptocurrency-is-close-to-release?srnd=premium
|
|
#
?
Aug 13, 2019 02:17
|
|
|
china already has a social media based currency though?
|
|
#
?
Aug 13, 2019 03:15
|
|
|
AkumaHokoru posted:china already has a social media based currency though?
|
|
#
?
Aug 13, 2019 03:20
|
|
|
Maybe we should stop focusing on currency backed by math like some STEMlords? How about a currency backed by philosophy? Or gastronomy?
|
|
#
?
Aug 13, 2019 07:13
|
|
|
|
|
#
?
Aug 13, 2019 07:35
|
|
|
weed coin
|
|
#
?
Aug 13, 2019 09:32
|
|
|
HerniaFlange posted:Edit: They want $150 each, used for mining for 4 months, and were all flashed. I'm guessing I'm better off just spending the extra and buying new when the time comes. Haha no, new ones were going for less than that when I last checked and they came with a decent game bundle. He'd be lucky to get 80 normally, but we all know some suckers are gonna buy them anyway  AMD cards are terrible at holding value, at least that guy admitted to flashing the BIOSes. Not all do.
|
|
#
?
Aug 13, 2019 21:37
|
|
|
Ups_rail posted:weed coin 420 pot coins please; thank you *hands over 3 dollar bill*
|
|
#
?
Aug 16, 2019 14:23
|
|
|
The Bahamas used to have a three dollar bill. It was predominantly pink. Make your own joke.
|
|
#
?
Aug 16, 2019 19:32
|
|
|
I guess the lunatic/crypto enthusiast Overstock CEO was finally shown the door by the board today, I saw that he resigned.
|
|
#
?
Aug 22, 2019 19:27
|
|
|
Norton the First posted:I guess the lunatic/crypto enthusiast Overstock CEO was finally shown the door by the board today, I saw that he resigned. and the stock went up 10%
|
|
#
?
Aug 22, 2019 19:57
|
|
|
Norton the First posted:I guess the lunatic/crypto enthusiast Overstock CEO was finally shown the door by the board today, I saw that he resigned. The official reason is that he's a political nutjob and not just a financial one (something about the "Deep State" and a romantic entanglement with Maria Butina, the NRA Russian Agent lady), and the company is leaning in on the path he set: CNN posted:"We respect and understand Patrick's reasons for resigning and acknowledge his momentous achievement in taking Overstock from a startup twenty years ago to one of the nation's leading online retailers and positioning it at the forefront of the blockchain revolution," Allison Abraham, the chair of Overstock's board, said in a statement.
|
|
#
?
Aug 22, 2019 20:28
|
|
|
Yond Cassius posted:The official reason is that he's a political nutjob and not just a financial one that venn diagram is a perfect circle
|
|
#
?
Aug 22, 2019 21:29
|
|
|
|
| # ? Jun 5, 2024 13:50 |
|
|
The actual reason appears to be an ongoing SEC investigation into shenanigans regarding OSTK trading. also, you know how he's not CEO and is not on the board? guess what, he can sell from his considerable holding any time he likes!!
|
|
#
?
Aug 22, 2019 21:29
|
|