Register a SA Forums Account here!
JOINING THE SA FORUMS WILL REMOVE THIS BIG AD, THE ANNOYING UNDERLINED ADS, AND STUPID INTERSTITIAL ADS!!!

You can: log in, read the tech support FAQ, or request your lost password. This dumb message (and those ads) will appear on every screen until you register! Get rid of this crap by registering your own SA Forums Account and joining roughly 150,000 Goons, for the one-time price of $9.95! We charge money because it costs us money per month for bills, and since we don't believe in showing ads to our users, we try to make the money back through forum registrations.
 
  • Post
  • Reply
klafbang
Nov 18, 2009
Clapping Larry
Hey ghost titty, please come back to the thread and tell us all about all your crypt0 gainz!

Adbot
ADBOT LOVES YOU

d3lness
Feb 19, 2011

Unicorns are metal. Gundanium alloy to be exact...

ghosTTy posted:

never thought i'd make it fighting side by side with nocoiners

https://mobile.twitter.com/dril/status/134787490526658561

Crypto Cobain
Jun 17, 2018

by Reene
gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

Mozi
Apr 4, 2004

Forms change so fast
Time is moving past
Memory is smoke
Gonna get wider when I die
Nap Ghost
buy the dip!

is pepsi ok
Oct 23, 2002

Uranium 235
Oct 12, 2004


good trade brother

Cowcaster
Aug 7, 2002



Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

the gently caress is wrong with you people

sleepwalkers
Dec 7, 2008


Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

"everything is tumbling sharply downhill with no real end in sight, better buy in now before it's too late!"

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.
The classic goon trapped in a well story but the piss streams from the twenty other goons gathered around the well are downward graphs

poverty goat
Feb 15, 2004



you'll know it's finally hit bottom when it recovers and you missed it

orange juche
Mar 14, 2012



Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

lmao you're a loving idiot.

Serjeant Buzfuz
Dec 5, 2009

Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

It's coming from inside the thread!

Klyith
Aug 3, 2007

GBS Pledge Week

kw0134 posted:

At this rate ghostty will lose only 300% of his initial bet given his posting history, good job

but does he get demolished by whalepool spiking the price to feed off all the short sellers?

or do the 1000% gainz vanish when it turns out the exchange wasn't balancing shorts with buys so they conveniently get hacked and have to shut down?

Gobbeldygook
May 13, 2009
Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!

Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:
have you ever heard the phrase "catch a falling knife"?

Crypto Cobain
Jun 17, 2018

by Reene
AND WE'RE IN THE GREEN! :D

this post will probably not age well

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here
Wait a sec...you can do shorts on BTC? loving lol.

I put my $$ in tether. Wahahaha.

Ad by Khad
Jul 25, 2007

Human Garbage
Watch me try to laugh this title off like the dickbag I am.

I also hang out with racists.

Waltzing Along posted:

It's because they know they can't stop it so they try to keep it down. It's not because they want inflation. It's because they want it as low as possible.

Japan's central bank has been trying real hard to increase inflation since almost before I was born, and I'm old

They still are

Hammerite
Mar 9, 2007

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

Waltzing Along posted:

Wait a sec...you can do shorts on BTC? loving lol.

you can, if you are content to send your money to the same dodgy websites as all the people who are into bitcoins

divabot
Jun 17, 2015

A polite little mouse!

CampingCarl posted:

Calling him a vampire statist shill is one thing. Calling him an Australian is uncalled for.

ay fair crack a tha dingo mayte shtroof

Fatkraken
Jun 23, 2005

Fun-time is over.

Fleetwood Crack posted:

gently caress it i fomo'd in with $800



Already down $33 lmao :smith:

prick

Crypto Cobain
Jun 17, 2018

by Reene
Yeah guillotine me over my whopping $800 investment. :jerkbag:

Rad Russian
Aug 15, 2007

Soviet Power Supreme!

Hammerite posted:

you can, if you are content to send your money to the same dodgy websites as all the people who are into bitcoins

If you lose, you lose. If you win, you'll never get to cash out. The perfect casino.

vortmax
Sep 24, 2008

In meteorology, vorticity often refers to a measurement of the spin of horizontally flowing air about a vertical axis.

Fleetwood Crack posted:

Yeah guillotine me over my whopping $800 investment. :jerkbag:

If you can afford to blow $800 on a scam, you can afford to give it to charity instead :jerkbag:

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS

Fleetwood Crack posted:

Yeah guillotine me over my whopping $800 investment. :jerkbag:

that money could change a life. especially now.

d3lness
Feb 19, 2011

Unicorns are metal. Gundanium alloy to be exact...

Fleetwood Crack posted:

Yeah guillotine me over my whopping $800 investment. :jerkbag:

Is this a 3O alt? What kind of high octane wantrepreneurial bullshit is this?

Lambert
Apr 15, 2018

by Fluffdaddy
Fallen Rib

Uranium 235 posted:

hello thread, been a while

seems like bitcoin is correlated with the stock market these days, which flies in the face of all the claims that bitcoin is digital gold and acts like a safe haven for value when stocks and currencies are weak

it was fun to watch BTC shoot up with the fed rate cut announcement, only for it to immediately drop when S&P futures began trading and sold off 5% instantly. BTC traders guessed wrong about how the real market would react

Except Bitcoin doesn't correlate with the stock market.

Rascallion
Feb 10, 2014

Lambert posted:

Except Bitcoin doesn't correlate with the stock market.


It doesn't have to correlate 1:1 with the S&P 500, but if volatility spikes and prices go down across the board it covaries and loses value along with it, just somewhat asynchronously. Covariance is the true measure of risk, even if you only hold one security in your portfolio, your future wages, your possesions, their value depend on market conditions. Look at monthly frequency observations, filter the noise out of the estimate. Buying a Bitcoin is just giving someone a loan to bet on a risky market position like short vol, etc.

Crypto Cobain
Jun 17, 2018

by Reene

Tashilicious posted:

that money could change a life. especially now.
Charity is unethical. Read some Zizek and report back to me.

Burt Sexual
Jan 26, 2006

by Jeffrey of YOSPOS
Switchblade Switcharoo

Rascallion posted:

It doesn't have to correlate 1:1 with the S&P 500, but if volatility spikes and prices go down across the board it covaries and loses value along with it, just somewhat asynchronously. Covariance is the true measure of risk, even if you only hold one security in your portfolio, your future wages, your possesions, their value depend on market conditions. Look at monthly frequency observations, filter the noise out of the estimate. Buying a Bitcoin is just giving someone a loan to bet on a risky market position like short vol, etc.

Rupaul is fracking

Tashilicious
Jul 17, 2016

by Jeffrey of YOSPOS

Fleetwood Crack posted:

Charity is unethical. Read some Zizek and report back to me.

how about you explain it to me.
because person to person charity is the only way many queer/minority people I know are able to be
you know
alive

orange juche
Mar 14, 2012



Tashilicious posted:

how about you explain it to me.
because person to person charity is the only way many queer/minority people I know are able to be
you know
alive

Fleetwood crack has jumped into the poop head first and is paddling around the poop pool now. Good luck getting anything out of them.

Waltzing Along
Jun 14, 2008

There's only one
Human race
Many faces
Everybody belongs here
Why do these idiots come in here to let us know how dumb they are?

Thread: crypto is bad.
Idiot: I just threw my $$ away on crypto
Super Idiot: I just threw my $$ away on crypto again
Ghostty: anything he says

klafbang
Nov 18, 2009
Clapping Larry

Fleetwood Crack posted:

Yeah guillotine me over my whopping $800 investment. :jerkbag:

Please don’t call gambling investment

starkebn
May 18, 2004

"Oooh, got a little too serious. You okay there, little buddy?"

klafbang posted:

Please don’t call gambling investment

All "investment" is gambling in this system

Osmosisch
Sep 9, 2007

I shall make everyone look like me! Then when they trick each other, they will say "oh that Coyote, he is the smartest one, he can even trick the great Coyote."



Grimey Drawer

klafbang posted:

Please don’t call gambling investment

Not just gambling, but spending money on gambling that you know is actively loving up the environment/world. That's the utterly mystifying part to me with coining. Like, how can you know about the unbelievable waste inherent in the system and continue to use it.

It's like crowing about buying stock in Landmines&Clusterbombs, Inc (like many pension funds do, lol).

Crypto Cobain
Jun 17, 2018

by Reene

Tashilicious posted:

how about you explain it to me.
because person to person charity is the only way many queer/minority people I know are able to be
you know
alive
Sure.

Capitalism is an unjust and intolerable system, like slavery before it. Charity helps legitimize this cruel and unfair system by creating the illusion that it is capable of Good and Kind things. It is not, and has no redeeming qualities.

https://youtu.be/hpAMbpQ8J7g

You've all heard that there is no ethical consumption under capitalism. I'm telling you there is no ethical charity, either.

Crypto Cobain fucked around with this message at 12:12 on Mar 17, 2020

Crypto Cobain
Jun 17, 2018

by Reene

Fleetwood Crack posted:

Sure.

Capitalism is an unjust and intolerable system, like slavery before it. Charity helps legitimize this cruel and unfair system by creating the illusion that it is capable of Good and Kind things. It is not, and has no redeeming qualities.

https://youtu.be/hpAMbpQ8J7g

Edit: You've all heard that there is no ethical consumption under capitalism. I'm telling you there is no ethical charity, either.

McSpanky
Jan 16, 2005






Fleetwood Crack posted:

Sure.

Capitalism is an unjust and intolerable system, like slavery before it. Charity helps legitimize this cruel and unfair system by creating the illusion that it is capable of Good and Kind things. It is not, and has no redeeming qualities.

https://youtu.be/hpAMbpQ8J7g

You've all heard that there is no ethical consumption under capitalism. I'm telling you there is no ethical charity, either.

That's the dumbest goddamn thing I've heard today, and I've been wading through the r/relationships thread since 2 pm. Get the gently caress out of here.

Crypto Cobain
Jun 17, 2018

by Reene
Now if you're all done attacking my character, I have two recently unemployed immigrant restaurant worker roommates to feed and shelter, so I need to get back to working 60 hours a week for however long NYC keeps restaurants shut down.

I don't have the luxury of always having perfect ethics, you see.

Crypto Cobain fucked around with this message at 12:18 on Mar 17, 2020

Adbot
ADBOT LOVES YOU

d3lness
Feb 19, 2011

Unicorns are metal. Gundanium alloy to be exact...

Fleetwood Crack posted:

Now if you're all done attacking my character, I have two recently unemployed immigrant restaurant worker roommates to feed and shelter, so I need to get back to working 60 hours a week for however long NYC keeps restaurants shut down.

I don't have the luxury of always having perfect ethics, you see.

If you were into Bitcoin you would have profited enough to comfortably afford these things and not have to oh wait...

  • 1
  • 2
  • 3
  • 4
  • 5
  • Post
  • Reply