|
The worst thing to happen with the ruling class is that they became nerds
|
#
?
May 2, 2021 17:15
|
|
|
|
| # ? May 29, 2024 16:36 |
|
|
I feel like NFTs are the nadir of lockdown cabin fever. People (a certain class at least) suddenly have a bunch of disposable income from working from home and not going on holiday, and must buy something. Everything is the next GME. It’s pretty gross on a fundamental level. Someone on a FB group I’m on commented that he’d just bought a NFT of a (bad) painting of Elon Musk. I went down the rabbit hole and it turns out he gets the physical painting anyway. So, as far as I can make out, he’s paying however much extra for the world to know that he owns it? A friend of mine is heavily into crypto as of about a month or two ago. He endlessly consumes YT content that reinforces his beliefs that it’s the next big thing / already the thing, and as far as I can make out doesn’t even check to see whether the people pushing this stuff have a vested interest in it being pumped (of course they do). He was telling me about some Apparently I just don’t get how altcoin pump and dumps are actually a sign of a healthy financial system. Durzel fucked around with this message at 21:18 on May 2, 2021 |
|
#
?
May 2, 2021 20:07
|
|
|
Truly the hero we need
|
|
#
?
May 2, 2021 21:14
|
|
|
that graffiti is giving good advice but unfortunately the kind of people who need that advice aren't going to heed advice that comes in the form of graffiti
|
|
#
?
May 2, 2021 21:18
|
|
|
InternetJunky posted:One more thing that doesn't add up for me about tether -- so 500 million tether were issued to company ABC after they gave tether an IOU for the same amount in USD, and then ABC takes those 500 million tether and buys up bitcoin which keeps the price of bitcoin high. Now those 500 million tether are in the hands of everyone who sold their bitcoins to ABC. A lot of those sellers probably sold so they could cash out, and maybe some others wanted to buy into a different crypto and are using tether to facilitate this, but are there other people who just wanted to hold tether? When tether completely implodes who are the people that are going to lose everything? Who is actually holding tether? The bigger question is who are the people who have supposedly given Bitfinex 50 billion dollars in exchange for...nothing? They are not generating any ROI!
|
|
#
?
May 2, 2021 21:52
|
|
|
bitcoins more like badcoins imo
|
|
#
?
May 2, 2021 22:06
|
|
|
what was the price of bitcoin at when this thread started?
|
|
#
?
May 2, 2021 23:39
|
|
|
Gobbeldygook posted:The ostensible use case for Tether is people who want the safety of dollars but don't want the hassle of KYC/AML. Some of those people are sketchy off-share exchanges without banking relationships and others are random crypto traders. The traders do crypto-tether trades and think it's as safe as cashing out to dollars until they're ready to do more trades.
|
|
#
?
May 2, 2021 23:42
|
|
|
Ghislaine of YOSPOS posted:what was the price of bitcoin at when this thread started? 420.69
|
|
#
?
May 2, 2021 23:45
|
|
|
Fame Douglas posted:420.69 nice
|
|
#
?
May 3, 2021 00:16
|
|
|
Made 5k (pre-tax) on BTC in 3 months risking up to 35k at a time. Swing trading - way too much anxiety — all was done with full knowledge (I’m dumb) that one day the house of cards will fall. Sold it all at 58.3k Friday night and pulled the cash back to checking. I dodged a bullet, glad I’m back in dirty fiat. Time to find something boring to invest in. Muni bonds? Beanie babies? Gold?
|
|
#
?
May 3, 2021 01:24
|
|
|
Definitely Funko pops.
|
|
#
?
May 3, 2021 01:28
|
|
|
For as much as the coiners here and on reddit say it, I've never regretted not touching the poop, and I've been watching/mocking for at least 8 years now. I had some non-tax advantaged money in the S&P500 up until last year and now that pool of money is probably just going into the mortgage. No real interest in the stress that comes from speculating in crap.
|
|
#
?
May 3, 2021 01:31
|
|
|
"Bitcoin as explained by an A.I." improved my life more than anything you could buy with crypto.
|
|
#
?
May 3, 2021 01:43
|
|
|
A Real Hologram posted:Made 5k (pre-tax) on BTC in 3 months risking up to 35k at a time. Swing trading - way too much anxiety — all was done with full knowledge (I’m dumb) that one day the house of cards will fall. Shouldn't have touched the poop. https://www.cbc.ca/news/world/bernie-madoff-investors-pay-back-1.5738057
|
|
#
?
May 3, 2021 01:47
|
|
|
So you guys still think crypto is on the brink of collapse right? thats all i need to know my crypto is going sky high 
|
|
#
?
May 3, 2021 01:57
|
|
|
Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! (USER WAS PUT ON PROBATION FOR THIS POST)
|
|
#
?
May 3, 2021 02:03
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! "If I'd just done 'x' I'd be 'y' I'm so stupid that I can't see the future like 7 billion other people"
|
|
#
?
May 3, 2021 02:17
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! And if you'd picked every winning lottery number you'd be a billionaire, why didn't you pick those numbers? Isn't it super obvious that you should have chosen 8 19 26 48 49 5 in the Mega Millions? You'd have over 200 million dollars right now if you'd done that, you dumb dumb!
|
|
#
?
May 3, 2021 02:24
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! this line of thinking is dumb because even if i bought/mined some as a complete joke in 2012, i would have sold them as soon as they were worth even a slightly significant amount of money. i'd have been the guy buying a pizza for 10000 bitcoins the last signal... fucked around with this message at 02:28 on May 3, 2021 |
|
#
?
May 3, 2021 02:26
|
|
|
Is that a permabanned rereg? That seems like a permabanned rereg
|
|
#
?
May 3, 2021 02:27
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! This is, at its core, a very privileged statement, but: I don't want to become rich, and if I did become rich, I would want it to be because I actually did something that made the world better, not just because of shuffling money around in a casino. There is something fundamentally wrong with you if your goal is to be rich, rather than to do interesting and useful things and possibly make money as a consequence. The very fact that you come in here and tell us that we could have gotten rich off this stupid idea nad expect that to change our minds shows your moral bankruptcy.
|
|
#
?
May 3, 2021 02:42
|
|
|
the last signal... posted:this line of thinking is dumb because even if i bought/mined some as a complete joke in 2012, i would have sold them as soon as they were worth even a slightly significant amount of money. I wonder what became of those butts. Have they moved? Did the pizza guy(s) succumb to crypto brain rot?
|
|
#
?
May 3, 2021 03:11
|
|
|
Andy Dufresne posted:Is that a permabanned rereg? That seems like a permabanned rereg That was my thought, too. Guess we'll see if he has the self-control to not make it obvious in short order.
|
|
#
?
May 3, 2021 03:28
|
|
|
buttcoin
|
|
#
?
May 3, 2021 04:13
|
|
|
Honky Dong Country posted:buttcoin 
|
|
#
?
May 3, 2021 04:20
|
|
|
Durzel posted:
Launch pad and launch pool are like a newer version of icos. 90% are a bust, 5% are bullshit and 5% could be real. Of that 5% real, half will still go bust and you're still getting worse rates than private raises, which get in before launchpad.
|
|
#
?
May 3, 2021 04:50
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! You could say this about getting in on the ground floor in pretty much any MLM/Ponzi scheme that drew in a lot of investment. A lot of people got rich investing in OneCoin as well, which was an outright Ponzi scheme using all the crypto buzzwords. Far more people lost everything they put in. Some gamblers will make big gains in volatile, speculative markets like cryptocurrency, that doesn't mean these markets are a smart place to put money. Without the benefit of hindsight the crypto market is in the same investment asset class as scratch off tickets.
|
|
#
?
May 3, 2021 05:18
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! the best way to know all the dozens and dozens of ways I would've lost my investment if I had bought in at 80 cents when SA's first bitcoin thread was made is to have actually read it since the start no regrets homie
|
|
#
?
May 3, 2021 05:45
|
|
|
Buttcoin hit 1k (pages) edit for actual content: A single Chia plot of 100GB is giving me a mean time to win of 10 years. The actual farming is not doing much, but creating the plot is a SSD-destroying device. Beef fucked around with this message at 09:25 on May 3, 2021 |
|
#
?
May 3, 2021 08:58
|
|
|
That chia poo poo sounds like a conspiricy of harddrive producing companies. or just another day in hellworld 
|
|
#
?
May 3, 2021 11:03
|
|
|
Beef posted:Buttcoin hit 1k (pages) Destroying as in physically wrecking it, or just wasting a colossal amount of space for a return period that will outstrip the amount of time you are expecting to keep the drive for in the first place?
|
|
#
?
May 3, 2021 11:15
|
|
|
A Real Hologram posted:Made 5k (pre-tax) on BTC in 3 months risking up to 35k at a time. Swing trading - way too much anxiety — all was done with full knowledge (I’m dumb) that one day the house of cards will fall. consult an accountant and pay your taxes
|
|
#
?
May 3, 2021 11:31
|
|
|
epic 2012 username posted:Any opinion on this forum is wrong. If you had invested in bitcoin during the original threads to "mock" it you'd be a billionaire. Sad I didn't! Bitcoin is ridiculous. If it does become the new world money and everyone's anarcho-capitalist slavery jackoff dreams come true, it will still be ridiculous.
|
|
#
?
May 3, 2021 11:51
|
|
|
A handful of people made a bunch of money during the dot-com boom, a great many more lost a great portion of or their whole asses, and the whole drat time were there trumpeting assholes farting out insults that you were a moron if you didn't get on board. Here in the bitcoin years we aren't even getting any useful or interesting infrastructure out of the craze, just a completely irrational and disgusting abuse of resources to prop up a speculative bubble, super cool
|
|
#
?
May 3, 2021 12:56
|
|
|
Trevor Lawrence has an endorsement deal to take his signing bonus in crypto lmfao
|
|
#
?
May 3, 2021 13:04
|
|
|
Nessus posted:Why do all of you people have the same complex narrative about FOMO? It is as consistent as the rising of the Sun. It's probably always the same person in this thread 
|
|
#
?
May 3, 2021 13:22
|
|
|
Lol https://twitter.com/boxbrown/status/1389167966164488193
|
|
#
?
May 3, 2021 13:25
|
|
|
https://mobile.twitter.com/mattshoelace/status/1389115496809725952
|
|
#
?
May 3, 2021 13:26
|
|
|
|
| # ? May 29, 2024 16:36 |
|
|
it didn't occur to me that art thieves could get any lower
|
|
#
?
May 3, 2021 13:35
|
|