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https://twitter.com/gregisenberg/status/1456588823287275528
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Nov 5, 2021 21:23
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Butterwagon posted:Does the NFT even have to be a url or can I make an NFT of pi or something and sell it for a bazillion dollars? a NFT can be anything. it's just a snippet of text in the blockchain the reason they're mostly images is because half the crypto scammers want to draw in artists with the promise of big paychecks and use the artists' mainstream appeal to lure in more marks, while the other half want to reinvent trading cards and sell them to marks for big profits
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Nov 5, 2021 21:40
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Butterwagon posted:So if I have an image on my hard drive, the only way for me to be sure it isn't someone else's "property" is to compare it to every NFT in existence, right? Because they don't index the content or the hash so there's no way to look up an image in the blockchain? A problem for who? My scams still have tons of patsys
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Nov 5, 2021 21:41
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There's so many reasons why this is a terrible idea I don't even know where to begin. The crypto part may actually be the least stupid thing about it.
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Nov 5, 2021 21:51
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A thing I don't understand about "proof of stake" is how is it not a "rich get richer" type deal? Your ability to mine is based on the number of coins you already own or something?
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Nov 5, 2021 22:08
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Can’t wait until one of those NFT repository sites gets owned via basic sql-injection and someone replaces all the links to that .gif of the dude doing a flip while taking a poo poo. The world may be burning but I’ll have a hearty laugh.
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Nov 5, 2021 22:30
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MechaCrash posted:A thing I don't understand about "proof of stake" is how is it not a "rich get richer" type deal? Your ability to mine is based on the number of coins you already own or something? It's exactly that.
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Nov 5, 2021 22:45
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funeral home DJ posted:Can’t wait until one of those NFT repository sites gets owned via basic sql-injection and someone replaces all the links to that .gif of the dude doing a flip while taking a poo poo. The world may be burning but I’ll have a hearty laugh. Yeah but since NFTs are just people scamming or laundering, would anyone even notice if their expensive purchase turns into a gif of a making GBS threads flip guy?
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Nov 5, 2021 22:46
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Why this whole cryptocurrency malarky is nothing more than a scam.
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Nov 5, 2021 23:07
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punishedkissinger posted:the image is not encoded, just a url linking to a site hosting it there have been attempts at storing NFT art on the blockchain itself (so called on-chain NFTs) but the astronomical cost of storing each byte on the blockchain means the art is even cruder than the linked JPEG ones
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Nov 5, 2021 23:08
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ryde posted:There's so many reasons why this is a terrible idea I don't even know where to begin. The crypto part may actually be the least stupid thing about it. Yeah I don’t even know where to start with this….
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Nov 5, 2021 23:14
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So it's like China's social credit system but on the blockchain, therefore good?
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Nov 5, 2021 23:34
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Butterwagon posted:Does the NFT even have to be a url or can I make an NFT of pi or something and sell it for a bazillion dollars? Ok so fundamentally an NFT is just a unique entry on the blockchain. It can be "of" literally anything and all it does is say "Wallet X owns : [whatever]" The current NFT scam is to put URLS to images there, so if you wanted to yes you could put pi there and sell an NFT of it.
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Nov 6, 2021 00:08
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funeral home DJ posted:I think they aren’t slapping it down because most of the people in said regulatory agencies have people older than dirt as their bosses, and the bosses aren’t prioritizing something they literally lack the knowledge to understand. It’s not just one-sided either. Congressional members in both Houses and parties lose touch with their modest to poor roots the first day they learn about how their office furniture budget (all perfectly legal) is more than their mortgage back home. That’s before they ever even meet a lobbyist with access to the real money! I honestly believe the only thing that could make a dent in this is term-limiting how many times a single person can represent constituents. Mitch McConall (sp?) has more money personally than his district, and Bernie’s not quite living in “affordable housing,” either. At any of his homes.
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Nov 6, 2021 01:50
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DerekSmartymans posted:It’s not just one-sided either. Congressional members in both Houses and parties lose touch with their modest to poor roots the first day they learn about how their office furniture budget (all perfectly legal) is more than their mortgage back home. That’s before they ever even meet a lobbyist with access to the real money! I honestly believe the only thing that could make a dent in this is term-limiting how many times a single person can represent constituents. Mitch McConall (sp?) has more money personally than his district, and Bernie’s not quite living in “affordable housing,” either. At any of his homes.
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Nov 6, 2021 02:06
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https://twitter.com/gregisenberg/status/1456590282124840963?t=Ii-3SdZUqLSCgim56UkPQA&s=19 Amazing.
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Nov 6, 2021 02:17
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Why bother waiting for an interviewer to google your twitter history? Just give it to them directly!
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Nov 6, 2021 02:21
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I would create a link to goatse and see what jobs it qualified me for.
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Nov 6, 2021 02:23
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Nessus posted:What if we put the term limits on the blockchain? Goddammit, Beavis!
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Nov 6, 2021 02:44
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notwithoutmyanus posted:No worries, in a couple months when bull market ends people can find out what happens when price re- correlates with value. We've been saying that about Bitcoin for about 10 years now. Idiocy and the desire to scam idiots seems to combine into something that breaks normal economics.
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Nov 6, 2021 02:51
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Butterwagon posted:So if I have an image on my hard drive, the only way for me to be sure it isn't someone else's "property" is to compare it to every NFT in existence, right? Because they don't index the content or the hash so there's no way to look up an image in the blockchain? An NFT isn't an image, it's a digital certificate. So you can mint as many NFTs from the same image as you like. NFT enthusiasts would consider the oldest one on the blockchain to be the most desirable but you can re-sell the same jizz monkey as many times as the market will allow. [e] Apparently it's not even a certificate. I was over-estimating the amount of effort made in setting up this scam. Hillary 2024 fucked around with this message at 03:47 on Nov 6, 2021 |
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Nov 6, 2021 03:01
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Doctor_Fruitbat posted:https://twitter.com/gregisenberg/status/1456590282124840963?t=Ii-3SdZUqLSCgim56UkPQA&s=19 I believe that guy can fit all his social skills on the blockchain.
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Nov 6, 2021 03:31
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"Good news honey! I got a job creating a website for some company!" "Excellent! So whats the pay?" "On completion I'll get a red elephant with one eye open, playing a bone guitar, while wearing a blue grass shirt and yellow sneakers. If work is ahead of time and is bug free then there is a side reward of an astronaut nun hula hooping on Saturn's rings while she's giving the peace sign." "Oh great! Does this mean we can eat this week?" "gently caress knows!"
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Nov 6, 2021 03:56
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Hillary 2024 posted:We've been saying that about Bitcoin for about 10 years now. Idiocy and the desire to scam idiots seems to combine into something that breaks normal economics. "The US stock market is on its longest bull-run in history. It began on 9 March 2009 and, so far, has lasted nine years, five months and 13 days." e: source It's gonna be hilarious watching bitcoin when we actually go back into a bear market (who knows when that will happen, but it will happen.) Wifi Toilet fucked around with this message at 04:24 on Nov 6, 2021 |
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Nov 6, 2021 04:21
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Illuminti fucked around with this message at 04:38 on Nov 6, 2021 |
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Nov 6, 2021 04:35
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what determines stonks being bull VS bear? like does it have to be weeks or months VS a few bad days/a bad one week?
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Nov 6, 2021 04:41
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PhazonLink posted:what determines stonks being bull VS bear? Wikipedia posted:A bear market is a general decline in the stock market over a period of time. It includes a transition from high investor optimism to widespread investor fear and pessimism. One generally accepted measure of a bear market is a price decline of 20% or more over at least a two-month period. Wifi Toilet posted:"The US stock market is on its longest bull-run in history. It began on 9 March 2009 and, so far, has lasted nine years, five months and 13 days." Investors discovered if we all agree that number goes up then the market loses it's normal self limiting method. After that you're just waiting for Elon to have a coronary because nothing else is going to dent the idiot confidence
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Nov 6, 2021 04:55
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Wifi Toilet posted:"The US stock market is on its longest bull-run in history. It began on 9 March 2009 and, so far, has lasted nine years, five months and 13 days." I'd be cool with the bull market lasting until I retire. Been getting 20% returns on my index funds since I started buying in 3 years ago.
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Nov 6, 2021 05:03
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https://twitter.com/NovaFunBun/status/1456663717962125318?s=20
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Nov 6, 2021 06:37
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Has Greg Isenberg ever… held a job? Does he have any idea how complex onboarding can be with Human Resources involved? So stupid
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Nov 6, 2021 06:45
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tehinternet posted:Has Greg Isenberg ever… held a job? I'm glad you asked quote:Previously, I was the Head of Product Strategy at WeWork
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Nov 6, 2021 06:48
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Vesi posted:I'm glad you asked lmao
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Nov 6, 2021 06:57
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MechaCrash posted:A thing I don't understand about "proof of stake" is how is it not a "rich get richer" type deal? Your ability to mine is based on the number of coins you already own or something? it's exactly a rich-get-richer deal. you mine by putting up coins as collateral, and the more coins you put up, the higher your mining power is crypto nerds think that's a good thing. proof of stake is mostly used on new cryptocurrencies, where they think they can jump in right at the start and buy up a bunch before the wealth accumulation really starts getting going. only to be left broke when the coin creator runs away with the cash a day or two later
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Nov 6, 2021 07:47
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Proof of steak.
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Nov 6, 2021 07:54
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Main Paineframe posted:it's exactly a rich-get-richer deal. you mine by putting up coins as collateral, and the more coins you put up, the higher your mining power is Is there a crypto system that doesn't rely on burning insane amounts of energy and also doesn't have this rich get richer design? Are those the only top options?
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Nov 6, 2021 08:39
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Talorat posted:Is there a crypto system that doesn't rely on burning insane amounts of energy and also doesn't have this rich get richer design? Are those the only top options? That's just capitalism tbh
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Nov 6, 2021 09:23
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Talorat posted:Is there a crypto system that doesn't rely on burning insane amounts of energy and also doesn't have this rich get richer design? Are those the only top options?
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Nov 6, 2021 10:09
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It's unbelievable how much this thread is a signal that it's still very early
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Nov 6, 2021 10:50
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Doctor_Fruitbat posted:https://twitter.com/gregisenberg/status/1456590282124840963?t=Ii-3SdZUqLSCgim56UkPQA&s=19 this is some Bingo Bazonga Theory level writing
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Nov 6, 2021 11:43
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https://twitter.com/CSMFHT/status/1456946753547096067?s=20
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Nov 6, 2021 12:52
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