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ReidRansom posted:I wonder if twītting a bunch at hasbro asking if they're behind this/if it's related to hungry hippos would make their legal team take notice They would almost definitely be interested in this.
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May 16, 2022 19:58
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PhazonLink posted:lol at the lifeless eyeballs. Mods please probate this poster for posting about me. 
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May 16, 2022 20:04
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There Bias Two posted:They would almost definitely be interested in this. It's never a good strategy to sue poor people
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May 16, 2022 20:20
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I just got off the phone trying to explain bitcoin to my mom for 2 hours. Apparently someone on some financial show she saw was trying to sell coinbase stock really hard (lol) and she was finally confused enough to just ask me, who she assumed would know what's up. I got her the general bits and had to deal with a lot of "yes, yes I know that sound stupid. Yes, it is." Right around where I was trying to explain how you mine with a computer I remembered the Dan Olsen video and sent her that. Going to go send that dude  on whatever donation service he uses, goddamn it's great having a one stop for pointing normal, not-online people at to explain what the gently caress is up with these apes and coins and dogges and elon musk and russian hackers and drug cartels and venture capital techbros etc.
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May 16, 2022 20:23
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funeral home DJ posted:Mods please probate this poster for posting about me. username/post combo 
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May 16, 2022 20:23
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Cyrano4747 posted:I just got off the phone trying to explain bitcoin to my mom for 2 hours. Apparently someone on some financial show she saw was trying to sell coinbase stock really hard (lol) and she was finally confused enough to just ask me, who she assumed would know what's up. Please to be linking Dan Olsen video
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May 16, 2022 20:27
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heh... there's an even more infringy one. https://twitter.com/hungryhipposnft
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May 16, 2022 20:28
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Cyrano4747 posted:Right around where I was trying to explain how you mine with a computer I remembered the Dan Olsen video and sent her that. can you point to which one. I googled Dan Olsen bitcoin video and got something that was over 2 hours long labeled Chapter 1 and that seems worse than talking about bitcoin
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May 16, 2022 20:29
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Edit: ^^^ this one: https://www.youtube.com/watch?v=YQ_xWvX1n9g Cyrano4747 posted:I just got off the phone trying to explain bitcoin to my mom for 2 hours. Apparently someone on some financial show she saw was trying to sell coinbase stock really hard (lol) and she was finally confused enough to just ask me, who she assumed would know what's up. honestly his video is probably already way too dense for beginners but hopefully your mom finds it useful. i enjoyed his in search of a flat earth video mainly because it just twists into something different in the middle of it.
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May 16, 2022 20:29
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Strong Sauce posted:Edit: ^^^ this one: Yeah, it's pretty much right for her. She's got a good grasp of a lot of the computer and financial basics, and it is entertaining enough. Basically better for him to sit down and explain it all to her over two hours than for me to do it, while having to stop ever ten minutes to explain that yes, it really is as stupid as that.
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May 16, 2022 20:32
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ok, i've liquidated all my assets and put all my cash in a backpack. where can i exchange it for some nfts? ideally a well-lit location, tia.
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May 16, 2022 20:32
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The Fattest PI posted:Work all day flipping burgers to get paid in McCoins (tm). A new crypto with great fundamentals. Many people are saying it's the next moonshot From earlier in the thread: Somfin posted:[…]
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May 16, 2022 20:41
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Juul-Whip posted:another amazing collection of unique digital artworks I tried reading that webpage but all I could see was *COLOSSAL SCAM* flashing in giant neon letters across the page everytime I looked at it.
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May 16, 2022 20:58
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Younger kids can never make fun of us for pogs or beanie babies ever again.
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May 16, 2022 21:23
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i don't think it's the younger kids that are the ones buying into nfts my friend
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May 16, 2022 21:24
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pro starcraft loser posted:Younger kids can never make fun of us for pogs or beanie babies ever again. Why would kids make fun of pogs? I hear them say poggers all the time.
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May 16, 2022 21:30
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pro starcraft loser posted:Younger kids can never make fun of us for pogs or beanie babies ever again. you could actually play with a pog or beanie baby. wtf can I do with a digital ape? also someone stole it!
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May 16, 2022 21:37
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DEI and fUSD stablecoins have de-pegged. Apparently the "Scream" lending platform had the values of these hard coded as $1, and people were able to load them up with a bunch of bad debt (35mil) and run off with stablecoins that have not de-pegged: https://cryptoslate.com/scream-protocol-losses-millions-to-stablecoin-depeg/
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May 16, 2022 21:42
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Random Stranger posted:The pattern for the past year or two has been bitcoin goes up to $50k+ then the price suddenly cashes and comes to a dead stop at $30k almost exactly. The $30k price lasts for a day or two as the money printer is fired up and then bitcoin prices start going up again. The longer hold at the price they won't let bitcoin go below just feels ominous. I was expecting bitcoin to have started going back up by now as they pump it for at least one more round of extraction. My guess is that it's going to be ruled by economic factors. Rate hike and significant stagflation vs the Ukraine war ending or some hyperlibertarian crypto adoption meme or some random Tesla $50b investment, I think these things will define the events. Crypto is already tied at the hip to stocks and moves with it, so if the stock market crashes Crypto will go down. I'm amazed someone would hard code stablecoins at $1, but equally amazed their solution was to liquidate everyone.
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May 16, 2022 22:03
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ChronoBasher posted:DEI and fUSD stablecoins have de-pegged. Oh, code being law... Also love the last line of that article: "Scream also announced a change in its policy. It’ll now start using Chainlink Oracles to get the prices in real-time instead of hardcoding them. This way, it would prevent a recurrence of this in the future." Didn't relying on external oracles for Terra/Luna cause the same arbitrage problem when they were frozen? In other words, "we solved this problem by adopting a new problem we saw bankrupt an exchange last week."
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May 16, 2022 22:07
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at a cryptocurrency company: "should we have any failsafe or stopgaps incase our computer code is not up to snuff?" "nah. can't risk not making more money" oh sorry. i was talking about all tech companies... all tech companies do this. but only cryptocurrency companies have to worry about negative aspects of this.
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May 16, 2022 22:09
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JohnCompany posted:In other words, "we solved this problem by adopting a new problem we saw bankrupt an exchange last week." This is good for Bitcoin, eventually all the bad ideas will be exhausted and only good ideas will power the remaining crypto currencies to the moon!!
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May 16, 2022 22:33
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May 16, 2022 23:44
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The Fattest PI posted:Instead of random sketchy exchanges on the internet who have an average lifespan of like 2 years before they disappear with all your money, they should make a heavily Federally regulated Crypto-Bank (Crank) that deals with all your crypto storage and borrowing needs. This is genius, since we all know if you try to rugpull your crank it’ll cause a burn and make our coins even more valuable!
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May 17, 2022 00:26
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Strong Sauce posted:at a cryptocurrency company: Why would a cryptocurrency company worry about the negative aspect of anything? The people at tether haven’t promised anyone any amount of money for their tether. Try to find any kind of physical address that’s tied to the tether company. They could literally just take the website down tomorrow and go away forever. That’s why no real effort is going into making sure the stable coin is actually fully backed. It doesn’t need to be if you don’t intend to actually ever pay everyone. Its a ponzi scheme. spunkshui fucked around with this message at 00:38 on May 17, 2022 |
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May 17, 2022 00:33
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shitcoin
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May 17, 2022 00:54
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pièce de merde
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May 17, 2022 01:17
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https://twitter.com/CryptoWhale/status/1526330280855887874 Large if Factual
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May 17, 2022 01:17
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Fun fact: New York's Supreme Court is not the highest court in the state. That honor goes to the New York Court of Appeals. I have no idea whether they'd hear an appeal for this case, but I don't doubt one will be filed.
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May 17, 2022 01:22
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https://twitter.com/realPaulSantos/status/1526156044933574656 Shocked. Shocked I say!
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May 17, 2022 01:22
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bitcoin how about you get some slitcoin son aka go on a fuckin date for once
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May 17, 2022 01:51
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ultrafilter posted:Fun fact: New York's Supreme Court is not the highest court in the state. That honor goes to the New York Court of Appeals. I have no idea whether they'd hear an appeal for this case, but I don't doubt one will be filed. it would go to the NY appellate division first anyway which is the middle court but yea supreme court is the trial court in NY just to annoy everyone
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May 17, 2022 01:52
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The scream exploit is literally what happened in several wildcat banking states, where the banking law accepted public bonds as collateral at face value. lol.
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May 17, 2022 02:49
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Sorry if I missed it but why did number go down? I thought number go up?
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May 17, 2022 03:36
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THIS_IS_FINE posted:Sorry if I missed it but why did number go down? I thought number go up? the lolchain is hitting a record high market cap this week, what number are you looking at?
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May 17, 2022 03:47
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JohnCompany posted:
Didn't that other exchange just unilaterally reverse any transactions that lost them money?
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May 17, 2022 03:48
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Klyith posted:the lolchain is hitting a record high market cap this week, what number are you looking at? The 99.999% drop for Luna? Was it a rugpull?
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May 17, 2022 03:48
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number going down but my boner goes up, weird.
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May 17, 2022 03:53
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THIS_IS_FINE posted:The 99.999% drop for Luna? Was it a rugpull? It's considerably dumber than that. Luna was tied to a "stablecoin", Terra(UST). if the price of Terra went down, Luna was "burned" to bring Terra back to $1. When both started going down, people panicked and they both basically went to $0
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May 17, 2022 03:55
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Fartcoin
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May 17, 2022 03:59
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