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Iran just banned crypto for 4 months because they'd rather use electricity for useful things than have rolling blackouts. This is good for bitcoin. Right?
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May 26, 2021 15:56
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Seeing buttcoin on a bus is a good reason to sell any lol. Also the medical blockchain chat, half the people working in the medical industry can barely figure out an EMR and a lot of the IT people in the medical industry are just straight up incompetent. Good luck getting them to use a regular database properly, much less something using a blockchain.
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May 26, 2021 16:41
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Potrzebie posted:Iran just banned crypto for 4 months because they'd rather use electricity for useful things than have rolling blackouts. This is good for bitcoin. Right? this is good news for bitcoin! easier to mine those coins now y'all. go get your fractions worth!
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May 26, 2021 16:49
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so this is loving nuts: in the past 4 weeks, something like $175-200mm of Bitcoin has been traded across all exchanges. In that same time period, roughly $20 billion in stablecoins has entered the system. That accounts for 10% of all trading lol, absolute fraudulent and paper thin market
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May 26, 2021 20:52
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I'm a cryptologist and I say sell 'em all!
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May 26, 2021 20:58
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I'm a cryptozoologist and today I'd like to talk to you about a fantastic investment opportunity called ChupacabraCoin.
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May 26, 2021 21:09
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oxsnard posted:so this is loving nuts: in the past 4 weeks, something like $175-200mm of Bitcoin has been traded across all exchanges. In that same time period, roughly $20 billion in stablecoins has entered the system. That accounts for 10% of all trading
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May 26, 2021 21:12
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Shumagorath posted:According to the latest on QuadrigaCX most of the action there was wash trading between fake accounts so it wouldn't surprise me if that's the case at the majority of remaining exchanges. yeah that just makes it all more sus lmao
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May 26, 2021 21:13
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Shumagorath posted:According to the latest on QuadrigaCX most of the action there was wash trading between fake accounts so it wouldn't surprise me if that's the case at the majority of remaining exchanges. also this article is gold
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May 26, 2021 21:25
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The gently caress are you so smug about? You don't understand it either. No one does. Actually building it requires solving a problem so complex that doing so would probably net one a Nobel Prize, and the ramifications of doing so would have such dramatic effects that the benefit to Bitcoin would be trivial in comparison.
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May 26, 2021 21:26
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My cryptologist says I should insert more buttcoins
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May 26, 2021 21:27
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Side effects may include: Confusion, anger or frustration, impaired thinking, a sudden loss of funds, the inability to articulate yourself, and a swelling of the ego. Speak to your cryptologist today to find out if Buttcoin is right for your rear end in a top hat.
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May 26, 2021 21:35
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Nessus posted:Are funds safe? safu? Not really. lol
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May 26, 2021 22:29
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I mean, being a cryptographer is a valid career.. Moxie Marlinspike and Peter Gutmann being two prominent examples, but thread idiot certainly isn’t one.
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May 26, 2021 22:40
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The Rabbi T. White posted:I mean, being a cryptographer is a valid career.. Moxie Marlinspike and Peter Gutmann being two prominent examples, but thread idiot certainly isn’t one. Look buddy, he clicks "renew cert" on a UI like 5 times a year. That's expertise, that is
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May 26, 2021 22:47
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Cryptographer is a valid career, but with a very limited set of potential employers. One of the primary axioms of security engineering is not to roll your own encryption, use proven solutions. So cryptographers are generally in research roles whether public or private, not working as application developers solving real world problems. That might come down the line if something they've created turns out to be an improvement on existing technology, or as in the case of blockchain, it might not. I strongly suspect that xtal isn't being paid as a cryptographer. It's just very important to him that the thread thinks he's really smart.
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May 26, 2021 22:52
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We do not.
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May 26, 2021 23:05
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A cryptographer is someone that researched cryptocurrency and has invested in Bitcorn.
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May 26, 2021 23:06
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My crypt keeper says HELLO BOILS AND GHOULS! EHEHEHEHEHEHE
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May 26, 2021 23:23
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I'm a cartographer
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May 26, 2021 23:29
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No no, a cryptographer is a crypto grapher, like so:
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May 26, 2021 23:30
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craptography buttcoin it all makes sense now
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May 26, 2021 23:35
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spankmeister posted:No no, a cryptographer is a crypto grapher, like so:
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May 26, 2021 23:44
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spankmeister posted:No no, a cryptographer is a crypto grapher, like so: 5 million kinds of structural analysis in that graph. What about the investment's fundamentals, like productivity, par value, dividends and... Oh. Bitcoin doesn't have any of those? Neat.
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May 26, 2021 23:52
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Lol. Even "good" (ie- lucky) technical analysis folks will tell you that you ignore obvious fundamental trends at your peril.
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May 27, 2021 00:01
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Buttcoin fraud is fundamental.
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May 27, 2021 01:04
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So according to the Single lunch article, tether has become the hodler of last resort that restricts the amount of Bitcoin hitting the open market so that... what? Some insiders can reap the gains?
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May 27, 2021 01:27
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catspleen posted:Buttcoin fraud is fundamental. So which way is the fraud going?
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May 27, 2021 01:27
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tehinternet posted:So which way is the fraud going? About four ways simultaneously because no-one involved trusts anyone else involved
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May 27, 2021 01:28
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tehinternet posted:So which way is the fraud going? up uP UP!!!
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May 27, 2021 01:29
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Also down
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May 27, 2021 01:29
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It’s going pretty well aamof
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May 27, 2021 01:36
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ikanreed posted:5 million kinds of structural analysis in that graph. absolutely going gently caress yeah man at the fibonacci lines on that graph
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May 27, 2021 02:12
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Andy Dufresne posted:I strongly suspect that xtal isn't being paid as a cryptographer. It's just very important to him that the thread thinks he's really smart. x- "bitcoin and bittorrent are similar because wallet addresses look a lot like magnet URIs" -tal is the furthest thing from a cryptographer possible. Gazpacho posted:So according to the Single lunch article, tether has become the hodler of last resort that restricts the amount of Bitcoin hitting the open market so that... what? Some insiders can reap the gains? They're buying bitcoins with money they print themselves. When / if the market goes back up again they make a mint. Meanwhile they prevent the market from crashing too hard, which makes it more likely that there will be yet another cycle of suckers. It's basically Modern Monetary Theory but for fraud.
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May 27, 2021 02:14
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Shumagorath posted:yep, definitely pyramid head
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May 27, 2021 02:26
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Gazpacho posted:So according to the Single lunch article, tether has become the hodler of last resort that restricts the amount of Bitcoin hitting the open market so that... what? Some insiders can reap the gains? So they can prevent people from wanting to cash out. If too many do an exchange has to admit it doesn't have the money. Or tether will have to remind people they have no contract that entitles them to any money if they own tether.
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May 27, 2021 02:31
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Klyith posted:Bitcoin: It's basically Modern Monetary Theory but for fraud.
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May 27, 2021 02:51
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Klyith posted:It's basically Modern Monetary Theory but for fraud. The best explanation of bitcoin I’ve ever seen
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May 27, 2021 03:17
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 only 10 days to financial independence and telling your boss to go gently caress himself
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May 27, 2021 04:07
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Gazpacho posted:So according to the Single lunch article, tether has become the hodler of last resort that restricts the amount of Bitcoin hitting the open market so that... what? Some insiders can reap the gains?
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May 27, 2021 04:08
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