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Yeah, it's always telling that they have some obnoxious dollar amount's worth of something else. Please talk to me when you have actual obnoxious dollar amounts. If you believe crypto is the future, whatever, but you still need like, real money right now for bills and poo poo.
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Jan 3, 2022 19:04
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Three Olives posted:One of my favorite rich people things: did you hear some people even have separate pairs of pants for doing yard work and going to fancy parties
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Jan 3, 2022 19:31
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A Wizard of Goatse posted:did you hear some people even have separate pairs of pants for doing yard work and going to fancy parties The work pants don’t tend to be replicas of the fancy pants
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Jan 3, 2022 19:45
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Of course you can fairly easily turn crypto into real money. If you couldn't, drug dealers would not accept it.
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Jan 3, 2022 19:55
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Didn’t beeple (wisely) immediately cash out his millions?
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Jan 3, 2022 20:01
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priznat posted:Didn’t beeple (wisely) immediately cash out his millions? No, there was a bunch of shady transfers between his account and other accounts, it looks like he made some money to lie about how much he really made from the sale to pump NFTs.
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Jan 3, 2022 20:04
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Klyith posted:OTOH trusting that all that money went from Person A to Person B as a fair purchase, rather than split between two people in cahoots to pump up the value of a new run of 20,000 "limited edition" ape jpegs, is a different story. Something like that happened. He bought the  from cryptobreakerhttps://twitter.com/dt_chain/status/1477489484031795200
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Jan 3, 2022 20:47
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I’d love if not just the apes but ALL NFTs were made history
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Jan 3, 2022 21:23
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Maybe NFTs were created so crypto coiners could have something to spend their coins on that wasn't drugs or extortion payments to ransomware hackers.
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Jan 3, 2022 21:27
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Nessus posted:I assume all these people are crypto rich because they mined Ethereum in 2015 or whatever and they have just been sitting on the wallet or what-have-you. The problem being realizing these gains as what I call ActualMoney. This comes up pretty often in this thread but cashing out crypto that is ETH or BTC instead of just random shitcoins is not difficult. You can go on Uniswap right now and sell 10000 ETH for ~$37M worth of USDC (which you will have no problem converting into actual USD) and you'll only tank the ETH/USDC price there by 2%. And that's the most naive way to do it, there are plenty of ways to spread out large sells in time and across multiple venues to prevent price impact. Trying to do the same for ~$37M of OXT (just randomly picked a token on Uniswap I haven't heard of) will wipe out the entire order book and crash the price of OXT on Uniswap by 98% for a while until the pool recovers but that would apparently be attempting to cash out 7% of the entire supply of OXT so that isn't too surprising.
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Jan 3, 2022 22:11
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tehinternet posted:Yeah, I got a C1 over Christmas and hooh is it a QoL upgrade from the five year old TCL we have Samsung has actually been one of the strongest TV producers after Panasonic stepped down. So good that Samsung actually bought and resolved Panasonic rebranded Plasmas because literally Panasonic was the world leader in TV plasma quality. That being said, they're one of the worst (except for LG) at spying on their customers as well. Beeple did indeed rug some people, and they got pissed. I'll have to dig it up later, I know some folks who got involved in poo poo Beeple was promoting.
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Jan 3, 2022 22:11
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notwithoutmyanus posted:
Haha if you plug your tv into the internet you deserve to be spied on
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Jan 3, 2022 22:35
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novamute posted:~$37M worth of USDC (which you will have no problem converting into actual USD) What's the procedure for converting $37M of USDC into USD?
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Jan 3, 2022 22:36
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Gutcruncher posted:Haha if you plug your tv into the internet you deserve to be spied on do you only use VHS tapes or something? this seems like a really dumb thing to be smug about.
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Jan 3, 2022 22:37
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punishedkissinger posted:do you only use VHS tapes or something? this seems like a really dumb thing to be smug about. I’m being an rear end in a top hat, but yeah the apps built into TVs from my experience always suck and buying a cheap roku or something is a million times better, plus you don’t have your tv cramming ads in your face whenever you try to switch inputs and there’s no way a bad update can gently caress your whole TV if you keep it offline
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Jan 3, 2022 22:40
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I run a microATX fanless PC as a multimedia box connected to a LG TV from 2007 instead of buying the worlds largest android phone or whatever is normal now. Because I'm old and I will never change.
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Jan 3, 2022 22:43
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punishedkissinger posted:do you only use VHS tapes or something? this seems like a really dumb thing to be smug about. are we doing the thing where we pretend operating lightbulbs and grills without some kind of IOT horseshit is weird and impossible for normal people itt now too
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Jan 3, 2022 22:44
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A Wizard of Goatse posted:are we doing the thing where we pretend operating lightbulbs and grills without some kind of IOT horseshit is weird and impossible for normal people itt now too unless you are buying blurays it's pretty hard to watch shows and movies without hooking your TV up to the internet in some way.
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Jan 3, 2022 22:52
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punishedkissinger posted:unless you are buying blurays it's pretty hard to watch shows and movies without hooking your TV up to the internet in some way. Hook a roku or some other box to the internet instead of the tv itself. Do yourself a favor
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Jan 3, 2022 22:55
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TV is fundamentally unsafe unless you're running it through a VM
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Jan 3, 2022 22:56
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Gutcruncher posted:Hook a roku or some other box to the internet instead of the tv itself. Do yourself a favor lol if you run raw internet through your roku
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Jan 3, 2022 22:57
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Gutcruncher posted:Hook a roku or some other box to the internet instead of the tv itself. Do yourself a favor Roku is one of the worst offenders of selling customer data.
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Jan 3, 2022 22:57
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Gutcruncher posted:Haha if you plug your tv into the internet you deserve to be spied on IIRC Samsung TVs at some point would, if not set up with an internet connection, scan for open WiFi networks and just steal your neighbor's internet.
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Jan 3, 2022 23:02
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punishedkissinger posted:unless you are buying blurays it's pretty hard to watch shows and movies without hooking your TV up to the internet in some way. are you worried about getting hacked through an HDMI cable this is really taking me back to when my grandma lectured me about how I had to buy a premium screensaver to stop chinese hackers blowing up my monitor like a bomb A Wizard of Goatse fucked around with this message at 23:07 on Jan 3, 2022 |
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Jan 3, 2022 23:02
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Its almost like you never seen one of these before: 
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Jan 3, 2022 23:12
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A Wizard of Goatse posted:are you worried about getting hacked through an HDMI cable I regret to inform you that the HDMI standard now includes ethernet.
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Jan 3, 2022 23:14
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roku and tvs should be both air-gapped unless you want an 'air-gap' in your brain. read a book, stupid
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Jan 3, 2022 23:25
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i tried plugging an ethernet cable into an HDMI port and it's nowhere close, nice try tho
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Jan 3, 2022 23:27
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Depends on the app but having HBO not through my cable provider means I have to use them. Netflix app is much better than HBO s and they're both built into the TV.
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Jan 3, 2022 23:42
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Pham Nuwen posted:What's the procedure for converting $37M of USDC into USD? Move it to an institutional exchange platform (https://www.coinbase.com/prime for example), convert it to USD on their platform, give them your bank account details and initiate a transfer out.
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Jan 3, 2022 23:44
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Can you buy coins on coinbase or the other big exchanges without having a bank account?
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Jan 3, 2022 23:47
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Jan 3, 2022 23:48
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Which game shark is this from?
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Jan 3, 2022 23:57
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TengenNewsEditor posted:roku and tvs should be both air-gapped unless you want an 'air-gap' in your brain. read a book, stupid You’re really winning hearts and minds there, rear end in a top hat
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Jan 4, 2022 00:00
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novamute posted:This comes up pretty often in this thread but cashing out crypto that is ETH or BTC instead of just random shitcoins is not difficult. But in this case I mean that these guys got 'rich' by having a lot of etherium or whatever and now it blew up. So the paper value of the ape JPGs is rooted in the Etherium price being very high, especially when these guys are trading them back and forth, but the actual units of crypto were not obtained through cash purchase. For ideological reasons I imagine many of them want to retain all or most of these units, or would be OK with exchanging/transmitting them around on a level that they are not with the prospect of "sell off half of my 100,000 ethers" or whatever, which would render them independently wealthy.
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Jan 4, 2022 00:04
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TengenNewsEditor posted:roku and tvs should be both air-gapped unless you want an 'air-gap' in your brain. read a book, stupid Why should I care about my own privacy?
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Jan 4, 2022 00:05
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novamute posted:You can go on Uniswap right now and sell 10000 ETH for ~$37M worth of USDC (which you will have no problem converting into actual USD) 
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Jan 4, 2022 00:05
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If you do convert it aren't there a bunch of tax poo poo you need to sort immediately otherwise you get in a lot of poo poo? Pretty sure that's an important step.
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Jan 4, 2022 00:08
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Nessus posted:I am curious how you turn "USDC" into actual cash dollars I can spend to buy a cheeseburger. I guess that’s what I don’t understand. So you get lucky gambling, make something decent like $5 mil Why the poo poo wouldn’t you cash out 90% of it and retire? I mean, I know it’s just greed, but I’ll never understand people so dead inside that they have to base their joy in life on a number in an account
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Jan 4, 2022 00:09
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IIRC If you buy a bitcoin with $100,000 and then use that bitcoin to buy a $150,000 thing, you need to pay taxes on the $50,000 gain but with real human money.
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Jan 4, 2022 00:10
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