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Donovan Trip posted:hi guys, i haven't posted since december 2020 in this very thread. Since then I turned 8k into enough for a new car, a house, a restaurant, to start a family, and built a huge network leading me to take my first role at a crypto company in April. I hope you all had as great a time as I did! HootTheOwl fucked around with this message at 15:22 on Feb 15, 2022 |
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Feb 15, 2022 15:19
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Three Olives posted:Sorry, I wish I had the financial stability of both being invested in crypto and owning a restaurant, both very well know financially prudent "investments" with regular predictable returns and near zero catastrophic liability potential. LOL
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Feb 15, 2022 15:27
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Donovan Trip posted:hi guys, i haven't posted since december 2020 in this very thread. Since then I turned 8k into enough for a new car, a house, a restaurant, to start a family, and built a huge network leading me to take my first role at a crypto company in April. I hope you all had as great a time as I did! The Herbalife people told me the same.
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Feb 15, 2022 15:36
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Intel announced some mining hardware: https://www.tomshardware.com/news/intel-announces-bitcoin-mining-initiative-bonanza-mine-chips-ship-this-year
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Feb 15, 2022 16:05
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Donovan Trip posted:hi guys, i haven't posted since december 2020 in this very thread. Since then I turned 8k into enough for a new car, a house, a restaurant, to start a family, and built a huge network leading me to take my first role at a crypto company in April. I hope you all had as great a time as I did! I have two six figure salaries, your bragging ain't gonna work on me, dawg.
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Feb 15, 2022 16:37
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Oh gently caress you intel. You should be designing CPUs that combust when it detects mining activity, not promoting this poo poo
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Feb 15, 2022 16:39
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Gutcruncher posted:Oh gently caress you intel. You should be designing CPUs that combust when it detects mining activity, not promoting this poo poo Eh, these look like custom chips designed to compete with other ASIC mining hardware. Nothing of interest for anyone else. What's annoying is the bit at the end: quote:Intel will also not limit the mining performance of its standard Arc Alchemist GPUs that will come to market soon, allowing it to compete with its old rivals AMD and Nvidia in other types of cryptocurrency mining (like Ethereum). So more GPUs that will be nearly impossible to find and price-gouged when available 
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Feb 15, 2022 16:48
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The_Franz posted:Eh, these look like custom chips designed to compete with other ASIC mining hardware. Nothing of interest for anyone else. What's annoying is the bit at the end: Intel is in the rare position of actually being able to pick and choose what a large amount of silicon foundries are spending time and resources on. Allocating any of it to stuff that can only be use for mining is absolutely reprehensible.
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Feb 15, 2022 16:54
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On the other hand, Intel jumping in on it means crypto will be dead within 24 months 
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Feb 15, 2022 18:00
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priznat posted:On the other hand, Intel jumping in on it means crypto will be dead within 24 months I've seen "all of this is gonna be gone in two years" from multiple sources now. At this point I think I believe that. Maybe it could have gone to the moon- not that the whales could have survived that- but it overplayed its hand and now we are in the collapse phase. Big companies providing hardware for your sneaky moneymaking trick is them selling the picks and shovels, which indicates that the gold just isn't worth digging for. The real question is, who's gonna build the last miner and how much will they lose doing it?
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Feb 15, 2022 18:07
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HELLOMYNAMEIS___ posted:Intel announced some mining hardware: https://www.tomshardware.com/news/intel-announces-bitcoin-mining-initiative-bonanza-mine-chips-ship-this-year On the one hand I’m concerned about the world burning up, but hey! this probably means more bonuses for me, since I work for a company making semiconductor testing equipment.
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Feb 15, 2022 18:08
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Somfin posted:I've seen "all of this is gonna be gone in two years" from multiple sources now. At this point I think I believe that. Maybe it could have gone to the moon- not that the whales could have survived that- but it overplayed its hand and now we are in the collapse phase. Big companies providing hardware for your sneaky moneymaking trick is them selling the picks and shovels, which indicates that the gold just isn't worth digging for. Yah my silly statement was more a slam on intel and their trend following ways rather than a prediction, but I hope it is also correct. The picks and shovels thing is very apt. It’s interesting because an industrial electric supply and installation company I sometimes see pop up on my linkedin because a mutal is friends with the owner is now making containerized bitcoin farms which are being shipped down south to be put on barges around louisiana. I don’t know what to make of that other than where they are being made has some of the cheapest electricity in North America and I can’t see how electricity is cheaper where they are going. Struck me as odd.
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Feb 15, 2022 18:24
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Donovan Trip posted:hi guys, i haven't posted since december 2020 in this very thread. Since then I turned 8k into enough for a new car, a house, a restaurant, to start a family, and built a huge network leading me to take my first role at a crypto company in April. I hope you all had as great a time as I did! LMAO your MineCraft RP Server achievements don't count.
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Feb 15, 2022 18:45
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Crain posted:LMAO your MineCraft RP Server achievements don't count.
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Feb 15, 2022 19:01
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HolHorsejob posted:Yes, of course I'd like to put my life savings into this haphazard, immature financial system that suffers from major heists every few Fixed that for you. If you remove major, it drops to hourly.
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Feb 15, 2022 19:22
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Just wanna say this for any other goons who may lurk this thread holding bitcoin or other monopoly money who don't wanna come forward and get eviscerated: I will take great pleasure when your pyramid scheme collapses and you get left holding your worthless string of numbers in your worthless virtual bank. Your forthcoming hardship and sorrow keeps me in good spirits and gives me something to look forward to!
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Feb 15, 2022 19:49
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What are people's thoughts on USDC? They seem to have almost entirely replaced Tether in terms of stablecoin printing lately and are already up to 52 billion "dollars." AFAIK they've never been properly audited and it seems likely their backing is just as flimsy as Tether's, but they're not getting much attention and I'm not really sure why.
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Feb 15, 2022 20:25
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Tiax Rules All posted:What are people's thoughts on USDC? They seem to have almost entirely replaced Tether in terms of stablecoin printing lately and are already up to 52 billion "dollars." AFAIK they've never been properly audited and it seems likely their backing is just as flimsy as Tether's, but they're not getting much attention and I'm not really sure why. I think they are poo poo, OP.
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Feb 15, 2022 20:46
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Tiax Rules All posted:What are people's thoughts on USDC? They seem to have almost entirely replaced Tether in terms of stablecoin printing lately and are already up to 52 billion "dollars." AFAIK they've never been properly audited and it seems likely their backing is just as flimsy as Tether's, but they're not getting much attention and I'm not really sure why. I think they do a better job of handling PR and marketing such that they seem to have less dirt on them than Tether, but that's all irrelevant because there's not really any legitimate use case for dollar-backed stablecoins, the only reason for them to exist (e: from their customers' standpoint) is to evade banking and securities laws/regulations. What's the point getting into the weeds on how legitimate this particular issuer of a fundamentally-illegitimate thing is? tl;dr: Paladinus posted:I think they are poo poo, OP.
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Feb 15, 2022 23:24
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https://www.nytimes.com/2022/02/12/...%20and%20Designquote:Felix Xu started his NFT art collection by purchasing a Chromie Squiggle, generated by an algorithm. Today, Xu, a 29-year-old Chinese tech executive, has more than 3,000 blockchain-based collectibles. But there is a hole burning in his crypto wallet that he would like to fill with real paintings. His budget stretches toward $500,000 and he is already on the wait-list for in-demand artists who use paint and moving brushes like Zhang Zipiao. The crypto NFT whales are selling their crypto and buying actual valuable art in a shocking turn about for people absolutely not looking to offload their crypto NFTs into an actual assets.
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Feb 16, 2022 01:34
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Diamond hands indeed.
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Feb 16, 2022 01:49
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Three Olives posted:https://www.nytimes.com/2022/02/12/...%20and%20Design Sounds like FUD he's NGMI
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Feb 16, 2022 02:02
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i need to know what ja thinks about NFTs... https://twitter.com/jarule/status/1492843150620168196 .. 
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Feb 16, 2022 04:09
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. oops
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Feb 16, 2022 04:20
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NFTs are the FYRE festival of financial decisions.
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Feb 16, 2022 04:21
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https://twitter.com/xenxra/status/1493597560283533315
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Feb 16, 2022 05:17
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Feb 16, 2022 06:02
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https://twitter.com/polearmguy/status/1493583435767685126 lmaooo
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Feb 16, 2022 06:10
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This all continues to remind me about how it was widely reported that Mark Cuban (BTW, an idiot), was the first person to buy a private jet via the internet in the Dotcom bubble, like he just put it on his debit card and the dropped it off at the airport two days later with a FedEX pilot flying the thing and a barcode slapped on the side. Netjets does not have a checkout button today. Web3, Crypto, Meta, anyone over the age of 40 knows this disaster first hand, it loving ruined people, they took their lives over Beenz, it's simply remarkable to watch.
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Feb 16, 2022 06:25
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Tiax Rules All posted:What are people's thoughts on USDC? They seem to have almost entirely replaced Tether in terms of stablecoin printing lately and are already up to 52 billion "dollars." AFAIK they've never been properly audited and it seems likely their backing is just as flimsy as Tether's, but they're not getting much attention and I'm not really sure why. They've printed over $10bn USDC so far this year, and claim to be fully backed, meaning they'd have to have taken in that much in deposits in the last six weeks. $10bn in yearly deposits would put them in the top 150 banks in the US by deposit volume. ~$86bn, which is where that would put them in a year, would land them at ~30. How likely do you think that actually is? https://twitter.com/usdcoinprinter Liquid Communism fucked around with this message at 06:42 on Feb 16, 2022 |
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Feb 16, 2022 06:38
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holy poo poo LOL!!!!
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Feb 16, 2022 06:51
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ah yes grow A single weed with your pringles/fleshlight sized deviced. jesus gently caress are nft bagholders stupid as gently caress. like i hope the personthat made the render got a standard pay.
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Feb 16, 2022 06:57
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Feb 16, 2022 06:58
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It makes me think, have all the kickstarter grifters moved to nft/crypto bullshit now? They were probably ready to drop the renders on kickstarter and thought oh poo poo slap some crypto on it instead e: also this is good for bitcoin...? https://twitter.com/TheRegister/status/1493827370758905856 priznat fucked around with this message at 07:01 on Feb 16, 2022 |
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Feb 16, 2022 06:58
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also I love the incel Hikikomori energy. "grow your own one weed from your bed room."
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Feb 16, 2022 07:03
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I remember that graph, seems more like it coincides extremely well with more the 08 crash and subsequent not-really-recovery meaning a generation of young people suddenly have no opportunities and no hope to ever move out of their parents' house.
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Feb 16, 2022 07:18
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Donovan Trip posted:hi guys, i haven't posted since december 2020 in this very thread. Since then I turned 8k into enough for a new car, a house, a restaurant, to start a family, and built a huge network leading me to take my first role at a crypto company in April. I hope you all had as great a time as I did! im a social worker making like 20k a year and cant afford speculative investments but you can send me some money if you want
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Feb 16, 2022 07:28
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finally, a chart in this thread that makes sense.
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Feb 16, 2022 09:28
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How does the weed have anything to do with NFT?  edit: quote:Banning any use of community created NFTs related to Magic is like banning any other group of technologies outright - it unfairly discriminates against web3 tech and web3 communities. 
Darth TNT fucked around with this message at 10:55 on Feb 16, 2022 |
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Feb 16, 2022 10:50
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The graph title draws the wrong conclusion from the data. The method of measurement makes it clear that Bitcoin is actually turning dudes gay, which is the first good thing to come out of Bitcoin.
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Feb 16, 2022 12:35
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