|
Tsietisin posted:Just make sure you get some of the ad revenue. Homoerotic Jesus posted:Hey Hard Carson. What kind of poo poo is that, bro? To copyright infringe so much is out of the powers of normal guys) You destroy yourself by ur abhorrent hobby. It seems you get ready for setting a record for lawsuitz, there is no other explanation for ur motivation. Obviously, this is not my job what men practice in their spare time, but you surprised me. It would be a shame of me not to give you a piece of advice to give me a shaer of your ad revenue, when u practice such things. I’m surprised by the fact that you are a grownup but u have such habit. I will get right to the matter. In case you decide to ignore me, in 72 hours I’m going to
|
#
?
Aug 16, 2021 18:52
|
|
|
|
| # ? May 30, 2024 02:32 |
|
|
you know the one thing i can't believe about all this cryptocurrency poo poo is that, it's been how fuckin' long, how many years, how many collapsed exchanges, how many grifts, how many scams, how many seraph regreges, how many threads, since all this poo poo started however long ago and no one has said "buttcoin" yet
|
|
#
?
Aug 17, 2021 01:59
|
|
|
buttcoin (which may be about to drop in price massively). song for this, hymn of a trader: longs down shorts up that's the way we like to butt notwithoutmyanus fucked around with this message at 02:22 on Aug 17, 2021 |
|
#
?
Aug 17, 2021 02:19
|
|
|
Foo Diddley posted:no one has said "buttcoin" yet we dont talk about the green thread o'er here
|
|
#
?
Aug 17, 2021 02:39
|
|
|
"But" coin, because every issue it's supposed to solve has a big fat "but" It enables peer to peer money transfers but it speeds the world towards global warming death
|
|
#
?
Aug 17, 2021 02:40
|
|
|
Plant MONSTER. posted:gold can easily be melted down and then funneled into ones rear end in a top hat where it will perfectly mold to the shape of your intestines for easy travels. pffff look at this pleb. the cool people disolve their gold in aqua regia, and then re cast the gold later when later when WW2 ends.
|
|
#
?
Aug 17, 2021 02:56
|
|
|
https://www.bizquest.com/business-for-sale/gpu-mining-farm-in-austin-suburb-producing-60-000-a-month/BW1855651/?q=bD1TNDUmbHR5cGU9NDAmbz0x If everything was so valuable and Bitcoin is going to grow forever, why does this feel like a fire sale of someone trying to get out now before things get worse.
|
|
#
?
Aug 17, 2021 03:09
|
|
|
lol, that price implies it will earn the same amount for 4+ years to break even and somehow electricity bills, property taxes, and maintenance dont exist (even though 5% of the setup "could be bad") edit: the post below is right, this will soon be completely worthless drk fucked around with this message at 04:37 on Aug 17, 2021 |
|
#
?
Aug 17, 2021 03:18
|
|
|
Zil posted:https://www.bizquest.com/business-for-sale/gpu-mining-farm-in-austin-suburb-producing-60-000-a-month/BW1855651/?q=bD1TNDUmbHR5cGU9NDAmbz0x This is an Ethereum mining farm though (GPUs stopped being fast enough for Bitcoin mining years ago), and Ethereum is in the process of moving away from GPU mining. It is a fire sale.
|
|
#
?
Aug 17, 2021 03:30
|
|
|
For Sale: Money Making Farm Better buy soon, before I change my mind!
|
|
#
?
Aug 17, 2021 04:12
|
|
|
If GPUs start becoming available again at MSRP I will be so happy.
|
|
#
?
Aug 17, 2021 06:12
|
|
|
ymgve posted:This is an Ethereum mining farm though (GPUs stopped being fast enough for Bitcoin mining years ago), and Ethereum is in the process of moving away from GPU mining. It is a fire sale. what prompted the switch? ethical concerns for gamers? (lol)
|
|
#
?
Aug 17, 2021 06:53
|
|
|
priznat posted:If GPUs start becoming available again at MSRP I will be so happy. Bad news, Miners are assholes. https://www.tweaktown.com/news/81135/nbminer-update-unlocks-70-more-mining-perf-on-nvidia-rtx-30-lhr-cards/index.html
|
|
#
?
Aug 17, 2021 07:39
|
|
|
Ninurta posted:Bad news, Miners are assholes. Yeah that was pretty obvious that miners would find a workaround for that fairly quickly, not surprised. But if etherium is moving away from GPUs altogether that'd be pretty good news, there will be some for shitcoins but that's mostly just dorks who buy them for gaming and mine their dumb poo poo when the pc is idle I'd bet.
|
|
#
?
Aug 17, 2021 08:30
|
|
|
busalover posted:what prompted the switch? ethical concerns for gamers? (lol) Also the GPU scarcity probably is starting to affect miners as well and making then unable to grow their setups and get replacement parts. Proof-of-stake doesn't require high end GPUs.
|
|
#
?
Aug 17, 2021 11:39
|
|
|
Party Boat posted:curse these heavy gold bars! Sierra Madre lifehacks
|
|
#
?
Aug 17, 2021 12:17
|
|
|
Hai guise, haven't checked this thread in a while and cannot read 870 unread posts but seems like buttcoin is back to $46k. How man gooners crawled out of their posting holes to  about their sick gainz so far?
|
|
#
?
Aug 17, 2021 12:32
|
|
|
just the one many headed goon with the bike collection
|
|
#
?
Aug 17, 2021 13:41
|
|
|
Vashro posted:just the one many headed goon with the bike collection You know what, I'll take it!
|
|
#
?
Aug 17, 2021 13:49
|
|
|
ymgve posted:This is an Ethereum mining farm though (GPUs stopped being fast enough for Bitcoin mining years ago), and Ethereum is in the process of moving away from GPU mining. It is a fire sale. Are they actually in the process? They've been saying proof of stake has been coming soon for years now with no meaningful progress
|
|
#
?
Aug 17, 2021 14:06
|
|
|
Jose Valasquez posted:Are they actually in the process? They've been saying proof of stake has been coming soon for years now with no meaningful progress I have no idea how close they are, but there is enough hype around the latest network changes that if I had an Eth mining farm, I would definitely find some sucker to offload it onto
|
|
#
?
Aug 17, 2021 14:21
|
|
|
File this one under "______ is good for bitcoin", subcategory "yikes" https://twitter.com/CoinersTakingLs/status/1427690434646581253
|
|
#
?
Aug 17, 2021 19:52
|
|
|
I've started to think Bitcoin won't die any time soon. It's such a bad idea, and it's been a bad idea for a long time, but there's a hundred things that *should* kill it that just haven't yet. The exchange collapses The scams TETHER! How does this thing maintain a price that's not zero if anyone even briefly reads what tether is?? The energy use (and the lies about it driving renewable energy which collapse if you even sorta examine the claims) the burning through mining components and creating a mountain of toxic e-waste the regulatory moves from various governments that'd ordinarily scream "holy poo poo, get out now!" that it's been more than 10 years and no one's come up with an actual practical use for blockchain that can't be done more efficiently with a regular database the extreme lovely clunkiness of even trying to spend the thing It seems like there's enough people who aren't deterred by all that that it just keeps going. The thing makes no sense. I don't know anyone irl with finance-smarts, or even a basic understanding of money, who thinks it's a good idea. Its price is so completely irrational. But enough people keep buying it that the crashes just get followed by another peak. The China mining regulations happened a couple of months back, and the power consumption dropped a tiny bit for a little while, but now it's climbing back up again. And now endorsements from clueless celebrities get more naive people to buy in. The exchanges now are set up to be so simple to use that it's not harder than online banking (ignoring the fact that they may be scams, may collapse at any moment, and that exchanges undermine the whole point of decentralised blockchains (which should also kill this thing given that to use blockchain currency with any ease you need to... not use blockchain)), it starts to make this look like a real finance thing and not a nutbar pyramid scheme cult. It feels like everything a lot of us have done to try to lighten our environmental impact -- cut down on power usage, not upgrade phones/computers so often, drive less, reduce consumption -- it's just getting completely wiped out by this bizarre thing that eats countries'-worth of electricity that makes no sense that just keeps going up and up and down but then up again. What will actually kill this thing? I can't picture what will kill it, because to me any single one of the above things should've killed it, so hearing "well there's this new tether audit coming up soon, that'll be the end" it's like... I don't think it will, because it's already so blatant a scam that people are willingly buying into, how much more obvious can you make it??
|
|
#
?
Aug 18, 2021 01:15
|
|
|
its so powerfully stupid that nothing sane or reasonable will kill it, it'll die when it runs out of new money coming in. unfortunately there's a lot of kids online who didn't grow up with the internet and believe the poo poo they read.
|
|
#
?
Aug 18, 2021 01:37
|
|
|
Mimesweeper posted:its so powerfully stupid that nothing sane or reasonable will kill it, it'll die when it runs out of new money coming in. unfortunately there's a lot of kids online who didn't grow up with the internet and believe the poo poo they read. Goddamn if that isn’t the truth.
|
|
#
?
Aug 18, 2021 01:40
|
|
|
bernie madoff kept things rolling for like 30 years it could be a while
|
|
#
?
Aug 18, 2021 01:40
|
|
|
Mimesweeper posted:its so powerfully stupid that nothing sane or reasonable will kill it, it'll die when it runs out of new money coming in. unfortunately there's a lot of kids online who didn't grow up with the internet and believe the poo poo they read. Yeah, and unfortunately there's only a tiny sliver of people in so far, so there's plenty more people to still be tricked into getting on board Cowcaster posted:bernie madoff kept things rolling for like 30 years it could be a while drat, madoff kinda looks good by comparison, at least his scam didn't burn through a percent of the world's energy consumption :/
|
|
#
?
Aug 18, 2021 02:13
|
|
|
madoff was the conductor of a runaway train i dont think he tried telling every doomed passenger what a wave of the future it was
|
|
#
?
Aug 18, 2021 02:25
|
|
|
Comfy Fleece Sweater posted:https://overcast.fm/+R7DX8v3z4/2:02:25 He’s very cogent as usual. I used to listen to some book podcast he appeared on and he always had some of the best insight. Here he says what we all basically know but with great clarity.
|
|
#
?
Aug 18, 2021 03:59
|
|
|
It's like bitcoin advertising has kicked into overdrive the last couple weeks. I'm seeing tv ads and receiving spam calls from crypto poo poo, some sites I visit are writing dumb articles about whether or not it'll go to 100k before the end of the year. It seems every time the price craters, every bagholder new and old becomes a marketer for crypto. And that is why this poo poo isn't going away unless you outright kill it. Forget blockchain tech or any "use" that crypto pretends to have, the real power lies in a digital ponzi scheme that acts like a wild stock exchange to lure more people in and then convert the bagholders to marketers for the cult.
|
|
#
?
Aug 18, 2021 09:19
|
|
|
Ethereum moving to proof of stake any minute now is something I've been hearing for a very long time, like 5 years. I'll believe it when I see it.
|
|
#
?
Aug 18, 2021 09:29
|
|
|
I mean my quiet philosophy is that it's stupid and untenable for any practical purposes, so it's guaranteed to have some measure of success in today's America. You might similarly think "I can get an injection that prevents an incredibly deadly disease almost entirely for free, so I should get one" is so profoundly obvious as to be incontrovertible.
|
|
#
?
Aug 18, 2021 15:46
|
|
|
Mimesweeper posted:its so powerfully stupid that nothing sane or reasonable will kill it, it'll die when it runs out of new money coming in. unfortunately there's a lot of kids online who didn't grow up with the internet and believe the poo poo they read. See also: multi-level marketing (MLM) pyramid schemes. Stupid, lots of research proving that it's stupid, people still fall for it all the time.
|
|
#
?
Aug 18, 2021 15:56
|
|
|
ikanreed posted:I mean my quiet philosophy is that it's stupid and untenable for any practical purposes, so it's guaranteed to have some measure of success in today's America. But it hasn’t been tested!!!! *looks at 150 million people*
|
|
#
?
Aug 18, 2021 16:40
|
|
|
Hello Sailor posted:See also: multi-level marketing (MLM) pyramid schemes. Stupid, lots of research proving that it's stupid, people still fall for it all the time. yeah, now that you mention it, the continuing existence of amway and herbalife suggest that bitcoin will probably be able to sustain itself on new suckers for a long, long time maybe regulatory actions by the feds would be able to kill it, it seems like their could be more appetite to go after crypto than mlm
|
|
#
?
Aug 18, 2021 18:12
|
|
|
Yes I think this is a situation where you have to forcibly remove the knife from the toddler's hand before they stab the furniture/themself
|
|
#
?
Aug 18, 2021 18:28
|
|
|
KinkyJohn posted:Yes I think this is a situation where you have to forcibly remove the knife from the toddler's hand before they stab the furniture/themself 
|
|
#
?
Aug 18, 2021 19:47
|
|
|
Mimesweeper posted:its so powerfully stupid that nothing sane or reasonable will kill it, it'll die when it runs out of new money coming in. unfortunately there's a lot of kids online who didn't grow up with the internet and believe the poo poo they read. i dont think internet smarts has anything to do with it, just good old fin studpidty. like there's a few 2020 articles about how many youngish people (lol young being 40 and below) losing during the Robinhood thing , the gamestop thing, buttcoin in general, and good old fashion gambling. (also mobile gaming is loving wild, because sooo many people burn money on pseudo casino games, where there's 0000000000000000000 way to cash out. its just real money in and a game score number. like at least gache whales get polygon / pixel waifus) also pyramid cons and other scams are still a thing , humans are just really really stupid when it comes to money/fin magic. PhazonLink fucked around with this message at 20:01 on Aug 18, 2021 |
|
#
?
Aug 18, 2021 19:57
|
|
|
This is so perfect because what the gently caress was he going to do with the knife? Same thing with bitcoin, what the gently caress are you going to do with those?
|
|
#
?
Aug 18, 2021 20:33
|
|
|
|
| # ? May 30, 2024 02:32 |
|
|
Bleusilences posted:This is so perfect because what the gently caress was he going to do with the knife? Anything, so long as he injures himself with it. Toddlers are wizards when it comes to injuring themselves at peak efficiency. Again, not dissimilar from bitcoiners.
|
|
#
?
Aug 18, 2021 21:27
|
|
