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everdave posted:Hmm…considering how my inept crypto purchases have turned out…don’t think I will. It’s a giant tire fire but if it makes me money enjoy the smoke Is it making you money?
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Oct 12, 2021 08:15
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LordArgh posted:Is it making you money? I have made money. Yes. I’m buying crap with rhrowAway money now. Yes crapto has made me profit. I know crap about it except buy low sell high same as everything else in the world.
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Oct 12, 2021 08:21
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everdave posted:It’s a giant tire fire but if it makes me money enjoy the smoke An extremely prescient sentence in regards to crypto.
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Oct 12, 2021 08:56
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SRQ posted:Jeffrey of Yospos paid for SA via money he made by early coining lol. I am told that this is not in fact the case. He just makes it now from bitcoin-fueled reregging.
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Oct 12, 2021 08:57
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everdave posted:I have made money. Yes. I’m buying crap with rhrowAway money now. Yes crapto has made me profit. I know crap about it except buy low sell high same as everything else in the world.
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Oct 12, 2021 09:27
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everdave posted:I have made money. Yes. I’m buying crap with rhrowAway money now. Yes crapto has made me profit. I know crap about it except buy low sell high same as everything else in the world. money in your hands or money on a computer screen? you haven't made money on any of this poo poo until it's in your actualmoney bank account and you've paid the taxes on it. all of the places that deal in cryptocurrencies are dodgy fly-by-night outfits that are liable to run away with your money, or fall over dead, at any time. no exceptions. and your paper money gains could disappear at any time because this is all make believe nonsense backed by rainbows and fairy dreams
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Oct 12, 2021 09:54
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Mans posted:It's what I keep telling everyone I know. the "dog dick coffee table guy" of bitcoin fame did exactly this, he sold at like $40 and bought some lovely nissan with it, then didnt report it on his taxes and got into some IRS issues
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Oct 12, 2021 10:06
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Hammerite posted:money in your hands or money on a computer screen? you haven't made money on any of this poo poo until it's in your actualmoney bank account and you've paid the taxes on it. all of the places that deal in cryptocurrencies are dodgy fly-by-night outfits that are liable to run away with your money, or fall over dead, at any time. no exceptions. and your paper money gains could disappear at any time because this is all make believe nonsense backed by rainbows and fairy dreams Geez…money in hands. Crypto IS lotto tickets but if I want to buy a few scratch offs who cares. I “lost” way more at the arcade this week with the kids on claw machines - but gasp my youngest is over the moon on her wins. I figured it out anyways last night.
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Oct 12, 2021 13:55
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everdave posted:Hey I know crypto is dumb etc…however experimenting with poo poo coins how the hell do I move some crap from u I swap to trust wallet? I’ve looked for 2 hours I see nothing (on phone bought a poo poo coin I have a wallet address set up on uniswap and trust) why would you go to a bitcoin mock thread to ask people for help with using bitcoins you'll want the BFC thread: https://forums.somethingawful.com/showthread.php?threadid=3878671
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Oct 12, 2021 14:11
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The SwissPost is now issuing a crypto-stamp for 8.90 francs: https://www.post.ch/en/about-us/media/press-releases/2021/swiss-post-launches-switzerland-s-first-crypto-stamp Because this loving country wants to be crypto valley.
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Oct 12, 2021 14:15
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everdave posted:Hey I know crypto is dumb etc…however experimenting with poo poo coins how the hell do I move some crap from u I swap to trust wallet? I’ve looked for 2 hours I see nothing (on phone bought a poo poo coin I have a wallet address set up on uniswap and trust) just a little constructive criticism you might ponder over: go fick yourself
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Oct 12, 2021 14:15
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bollig posted:The SwissPost is now issuing a crypto-stamp for 8.90 francs:  I really hate this country sometimes
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Oct 12, 2021 14:19
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punishedkissinger posted:just a little constructive criticism you might ponder over: go fick yourself Ooh so edgy
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Oct 12, 2021 14:35
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everdave posted:Ooh so edgy not as edgy as accelerating climate change to feed a dumbass gambling addiction!
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Oct 12, 2021 14:48
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everdave posted:Hey I know crypto is dumb etc…however experimenting with poo poo coins how the hell do I move some crap from u I swap to trust wallet? I’ve looked for 2 hours I see nothing (on phone bought a poo poo coin I have a wallet address set up on uniswap and trust) If you really want to play that game, I honestly recommend reading about cold storage, about fees, about only spending money that you can lose at any time and to treat that "market" as something that you can profit on to buy some sushi or something. Please do not lose yourself in this poo poo, specially if you're in a country that taxes these gains. I'd honestly just suggest you don't play with it at all, but I do understand the appeal of (theoretical) fast gains. It's why I hopped in, started reading this and the bad with money thread and reviewed the path I was taking. Hammerite posted:money in your hands or money on a computer screen? you haven't made money on any of this poo poo until it's in your actualmoney bank account and you've paid the taxes on it. all of the places that deal in cryptocurrencies are dodgy fly-by-night outfits that are liable to run away with your money, or fall over dead, at any time. no exceptions. and your paper money gains could disappear at any time because this is all make believe nonsense backed by rainbows and fairy dreams Unless I earn more money with crypto than with my normal job, the taxman doesn't care. It's a weird loophole, but drat if it didn't turn everyone around here into a mini crypto "expert". punishedkissinger posted:not as edgy as accelerating climate change to feed a dumbass gambling addiction! Dude probably spend 100 euros on SHIBA, let's not pretend he wiped out a family of polar bears over it.
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Oct 12, 2021 22:14
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And just to clarify, when I say experts I mean 18 year old YouTube influencers tried to create crypto investment schools and convincing teenagers to buy shitcoins.
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Oct 12, 2021 22:16
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Mans posted:Dude probably spend 100 euros on SHIBA, let's not pretend he wiped out a family of polar bears over it. https://twitter.com/theonion/status/1015973820493123584
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Oct 12, 2021 22:55
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100 euros of bitcoin is equivalent to roughly 20 tons of carbon btw so yeah, gently caress anyone participating in crypto. you people are disgusting.
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Oct 12, 2021 23:01
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ugh preachy
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Oct 12, 2021 23:18
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punishedkissinger posted:100 euros of bitcoin is equivalent to roughly 20 tons of carbon btw so yeah, gently caress anyone participating in crypto. you people are disgusting. Mining a bitcoin is apparently 191 tones (Jesus Christ, WHAT??) bitcoin is worth 49k at the present time. How is 100 dollars of bitcoin "roughly" equivalent to 20 tons worth of carbon? This is even assuming he's playing with bitcoin itself and not another crypto, whose footprint can be considerably lower. Feel free to direct him to somewhere where he can invest 100 euros for the promise of quick gains in a environmentally sustainable way. The complete lack of financial help and zero trusts in traditional markets is what driving people into these online casinos. Shaming them doesn't really work.
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Oct 12, 2021 23:38
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Mans posted:Feel free to direct him to somewhere where he can invest 100 euros for the promise of quick gains in a environmentally sustainable way. The complete lack of financial help and zero trusts in traditional markets is what driving people into these online casinos. Shaming them doesn't really work. https://lmgtfy.app/?q=nashville+casinos
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Oct 12, 2021 23:58
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Mans posted:Mining a bitcoin is apparently 191 tones (Jesus Christ, WHAT??) bitcoin is worth 49k at the present time. If anyone tells you they have a way to invest a three-digit amount of money for quick gains, you should leave immediately because they're a scammer dragging you into a fraudulent scheme that will eventually collapse.
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Oct 13, 2021 00:32
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Main Paineframe posted:If anyone tells you they have a way to invest a three-digit amount of money for quick gains, you should leave immediately because they're a scammer dragging you into a fraudulent scheme that will eventually collapse. Hey, that’s not fair. They could also be an entirely honest criminal.
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Oct 13, 2021 00:50
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Vengarr posted:Hey, that’s not fair. They could also be an entirely honest criminal. After all, only an Honest Criminal would run an Honest Ponzi. Called “Honest Ponzi.”
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Oct 13, 2021 01:23
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Since the first serious advice of "crypto is just scams built on scams as orchestrated by Captain Planet villains and you shouldn't touch it" has already been disregarded, and the second serious advice of "sell all your shitcoins, get the gently caress out of there, and never look back" will also probably be disregarded, I will sigh and give what little advice I can. Just be warned that I am not a financial type. The first thing, as has been stated, is to not gamble (I refuse to dignify this poo poo with the word "invest") more than you can afford to lose. Any money you spend on it? Consider it just as gone as if you'd set it on fire. Assume any money you spend on this is gone forever and you will never get it back, and allocate accordingly. The second thing is that your gains are fictional until they are in your hand as actual real money you can spend on things and not digital pogs. I don't give a poo poo if you bought something at ten bucks and on paper it's worth forty. You didn't make thirty dollars until you actually sell it, because at any moment the market could crash, or the exchange it's in could be hacked, or the exchange it's in could be "hacked" while the owners retire to a country with nice beaches and no extradition laws (ha ha, I am kidding of course, nobody gets prosecuted for this poo poo because there's no regulations). There have been enough stories of paper millionaires who never saw any of their supposed wealth from the dot com days to serve as cautionary tales on that particular front.
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Oct 13, 2021 02:52
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DerekSmartymans posted:After all, only an Honest Criminal would run an Honest Ponzi. Called “Honest Ponzi.” Ponzi buddy.
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Oct 13, 2021 02:55
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MechaCrash posted:The second thing is that your gains are fictional until they are in your hand as actual real money you can spend on things and not digital pogs. and if you are one of the few lucky ones to get to this stage, remember to include them in your taxes
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Oct 13, 2021 05:01
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MechaCrash posted:Since the first serious advice of "crypto is just scams built on scams as orchestrated by Captain Planet villains and you shouldn't touch it" has already been disregarded, and the second serious advice of "sell all your shitcoins, get the gently caress out of there, and never look back" will also probably be disregarded, I will sigh and give what little advice I can. Just be warned that I am not a financial type. Just like the IRS says, capital gains aren't gains until they're realized.
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Oct 13, 2021 05:13
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Lol DC comics is getting involved in NFTS. https://www.dccomics.com/blog/2021/09/29/dc-x-palm-nft-faqs
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Oct 14, 2021 01:33
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At least they are free.
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Oct 14, 2021 08:09
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 https://twitter.com/bcrypt/status/1448380745714597889
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Oct 14, 2021 17:13
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Where did those medieval rabbits get a hold of a graphics card?
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Oct 14, 2021 17:18
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I hate how coinerz are so god drat stupid and think blockchain and crypto are just magical spells that will instantly give that medieval civ an instant upgrade to their int stat and just make several centruies of math and different fields of science just happen.
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Oct 14, 2021 17:24
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keep punching joe posted:Where did those medieval rabbits get a hold of a graphics card? they are denuding the kingdom of scribes and parchment to keep their hashrates up http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html?m=1
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Oct 14, 2021 17:26
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Love to read a story that tells me how impressive explaining a topic is without explaining that topic.
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Oct 14, 2021 17:49
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resistentialism posted:Love to read a story that tells me how impressive explaining a topic is without explaining that topic. I see you too are a connoisseur of Libertarian Literature
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Oct 14, 2021 17:51
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resistentialism posted:Love to read a story that tells me how impressive explaining a topic is without explaining that topic. He linked them to a wiki article.
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Oct 14, 2021 17:53
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Barudak posted:I see you too are a connoisseur of Libertarian Literature SOMEONE CALL THE POLICE
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Oct 14, 2021 18:01
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shame on an IGA posted:they are denuding the kingdom of scribes and parchment to keep their hashrates up Slaughtering sheep just to make parchment from their skins, wreaking havoc on the prices of wool and meat; I suppose it works as an allegory for miners buying up graphics cards to the point that nobody can upgrade their PC...
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Oct 14, 2021 18:06
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but if they make an NFT of the sheep and they still have the sheep. Infact they can just make an nft of the idea of a pallet of paper and have paper.
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Oct 14, 2021 18:53
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