|
https://twitter.com/SimplyDCA/status/1536267325476937728
|
#
?
Jun 13, 2022 19:58
|
|
|
|
| # ? Jun 5, 2024 05:46 |
|
|
gschmidl posted:Loan Liquidation Confirmation lol, I'm trying to think of the person who did become unbanked to get their funds frozen and their collateral stolen. Some kind of findom situation? Maybe bitcoin is good? (for findom fetishes?)
|
|
#
?
Jun 13, 2022 20:08
|
|
|
lol you got out from under all those pesky, burdensome regulations. congrats!
|
|
#
?
Jun 13, 2022 20:08
|
|
|
The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > buttcoin: This is not the reason I unbanked myself.
|
|
#
?
Jun 13, 2022 20:11
|
|
|
*puts fingers in ears* "because you have not responded to our previous communications all your money is now gone"
|
|
#
?
Jun 13, 2022 20:13
|
|
|
big post-it at every shitcoin venture: "use the word 'community' lots in every official communication"
|
|
#
?
Jun 13, 2022 20:22
|
|
|
https://twitter.com/cz_binance/status/1536418479271731203
|
|
#
?
Jun 13, 2022 20:26
|
|
|
drag these fuckers into bankruptcy court already
|
|
#
?
Jun 13, 2022 20:30
|
|
|
FAUXTON posted:this time its fictional reserve banking buttcoin: fictional reserve banking
|
|
#
?
Jun 13, 2022 20:32
|
|
|
theres got to be some principle in law that you can't seize or convert someone's collateral for a missed payment that you prevented yourself
|
|
#
?
Jun 13, 2022 20:36
|
|
|
Gazpacho posted:theres got to be some principle in law that you can't seize or convert someone's collateral for a missed payment that you prevented yourself maybe, but there's also a law in mathematics that means if you don't seize their collateral and the market is crashing you're going to be in big trouble
|
|
#
?
Jun 13, 2022 20:40
|
|
|
Gazpacho posted:theres got to be some principle in law that you can't seize or convert someone's collateral for a missed payment that you prevented yourself code is law ć̙̮̳̗͉͉̗o̢l̙͉̫̮̗e̖̯͈͟ ͇͝i̖͎̤s̰̪͔̳̻͎ ͇̖̩s̝͎͎͙̹̼ḻ̠̘͉̬a̷̤̺̩w̠̰̼͚̰̲
|
|
#
?
Jun 13, 2022 20:41
|
|
|
Gazpacho posted:theres got to be some principle in law that you can't seize or convert someone's collateral for a missed payment that you prevented yourself Gazpacho posted:drag these fuckers into bankruptcy court already eagerly anticipating a story of someone successfully suing Celsius to reverse such a liquidation, but then their newly-restored balance gets treated like an unsecured creditor rather than a depositor and they get kicked to the back of the bankruptcy line and still get nothing
|
|
#
?
Jun 13, 2022 20:44
|
|
|
our finest plumbers are working on the pipes, don't worry your money is fine
|
|
#
?
Jun 13, 2022 20:46
|
|
|
https://twitter.com/edzitron/status/1536385724693458944
|
|
#
?
Jun 13, 2022 20:48
|
|
|
Boxturret posted:our finest plumbers are working on the pipes, don't worry your money is fine if you click the link quote:"This transaction was first broadcast to the Bitcoin network on June 12, 2022 at 11:18 PM PDT. The transaction is currently unconfirmed by the network. At the time of this transaction, 27.58885356 BTC was sent with a value of $698,196.67. The current value of this transaction is now $640,326.53. Learn more about how transactions work.' oof loss of $58K in value during the time to confirm. lol
|
|
#
?
Jun 13, 2022 20:48
|
|
|
can someone who understands bitcoin explain to me how a transaction could possibly be "stuck"?
|
|
#
?
Jun 13, 2022 20:49
|
|
|
Chalks posted:can someone who understands bitcoin explain to me how a transaction could possibly be "stuck"?
|
|
#
?
Jun 13, 2022 20:51
|
|
|
Boxturret posted:our finest plumbers are working on the pipes, don't worry your money is fine I never thought that I would one day see a "shitter's full" excuse for an exchange outage/withdrawal freeze, cryptocurrency truly is a driver of innovation
|
|
#
?
Jun 13, 2022 20:51
|
|
|
https://twitter.com/oneunderscore__/status/1536419499313881088
|
|
#
?
Jun 13, 2022 20:53
|
|
|
Bone Crimes posted:if you click the link lmao it's $59k now 
|
|
#
?
Jun 13, 2022 20:54
|
|
|
Chalks posted:can someone who understands bitcoin explain to me how a transaction could possibly be "stuck"? If you don't pay miners enough the transaction basically gets stuck indefinitely in queue waiting to be included in a block. This can be really confusing to new users since without some fiddling it'll block any further transactions. Totally understandable that this fellow is having trouble since he's probably never done this before.
|
|
#
?
Jun 13, 2022 20:56
|
|
|
https://twitter.com/cz_binance/status/1536416132168568834 is this guy bragging about how great their intern team is when the problem is still ongoing hours later and the price has crashed like 15%?
|
|
#
?
Jun 13, 2022 20:59
|
|
|
novamute posted:If you don't pay miners enough the transaction basically gets stuck indefinitely in queue waiting to be included in a block. This can be really confusing to new users since without some fiddling it'll block any further transactions. Totally understandable that this fellow is having trouble since he's probably never done this before. doesn't that sort of poo poo happen all the time? i assume everyone is basically trying to guess the minimum the miners will accept in fees so a bunch of people are going to guess too low all the time. presumably it's easy to fix with something less drastic than suspending your entire exchange for 3+ hours?
|
|
#
?
Jun 13, 2022 21:01
|
|
|
Chalks posted:doesn't that sort of poo poo happen all the time? i assume everyone is basically trying to guess the minimum the miners will accept in fees so a bunch of people are going to guess too low all the time. presumably it's easy to fix with something less drastic than suspending your entire exchange for 3+ hours? “but credit card fees!” I say as my transaction loses x% of value because I was trying to save five bucks
|
|
#
?
Jun 13, 2022 21:04
|
|
|
Chalks posted:doesn't that sort of poo poo happen all the time? i assume everyone is basically trying to guess the minimum the miners will accept in fees so a bunch of people are going to guess too low all the time. presumably it's easy to fix with something less drastic than suspending your entire exchange for 3+ hours? Yes this happens constantly and the biggest crypto exchange in the world is probably dealing with this at least a few times a week. It should not be a drawn out process just because their CEO was on a plane
|
|
#
?
Jun 13, 2022 21:05
|
|
|
the ceo is the only one allowed to touch the golden plunger so everyone else was using their hands
|
|
#
?
Jun 13, 2022 21:09
|
|
|
it's not so much the devastating incompetence i'm surprised by, but rather that the "ceo" would talk about it so casually on twitter as if it was an understandable issue to have.
|
|
#
?
Jun 13, 2022 21:09
|
|
|
it's probably just an excuse to have the router unplugged
|
|
#
?
Jun 13, 2022 21:12
|
|
|
Chalks posted:it's not so much the devastating incompetence i'm surprised by, but rather that the "ceo" would talk about it so casually on twitter as if it was an understandable issue to have. the ceo is talking about it casually on twitter in order to make it seem like an understandable issue to have. there would be a panic if he didn't offer up any explanation, he can't offer the real explanation (deliberately shutting down to avoid a bank run), so his only option is a "technical issues" explanation. cheerfully hinting at the incompetence of interns is far less problematic than the real explanation. so yes your bewilderment is entirely reasonable, but you are not the audience for these tweets, the existing customers and true believers are. they'll take any story that lets them continue to believe that they haven't been conned.
|
|
#
?
Jun 13, 2022 21:16
|
|
|
|
|
#
?
Jun 13, 2022 21:16
|
|
|
https://twitter.com/ofnumbers/status/1021225547764936707 He was a few years early.
|
|
#
?
Jun 13, 2022 21:18
|
|
|
Chalks posted:it's not so much the devastating incompetence i'm surprised by, but rather that the "ceo" would talk about it so casually on twitter as if it was an understandable issue to have. everything totally cool and normal, the only liquidity crisis i'm having is the goddamn minibar on my private jet! ahaha
|
|
#
?
Jun 13, 2022 21:20
|
|
|
Blotto_Otter posted:the ceo is talking about it casually on twitter in order to make it seem like an understandable issue to have. there would be a panic if he didn't offer up any explanation, he can't offer the real explanation (deliberately shutting down to avoid a bank run), so his only option is a "technical issues" explanation. cheerfully hinting at the incompetence of interns is far less problematic than the real explanation. yeah, iirc binance is the largest exchange so they definitely have a reason to act like its all cool brahs
|
|
#
?
Jun 13, 2022 21:22
|
|
|
I love this gif
|
|
#
?
Jun 13, 2022 21:23
|
|
|
Chalks posted:doesn't that sort of poo poo happen all the time? i assume everyone is basically trying to guess the minimum the miners will accept in fees so a bunch of people are going to guess too low all the time. presumably it's easy to fix with something less drastic than suspending your entire exchange for 3+ hours? remember that in the bitcoin ecosystem making one tiny mistake with a transaction can result in permanently and irrecoverably vaporizing all the money involved so when they have a bug with their transaction handling it makes sense that they would stop and take some time to diligently test their fix instead of yolo pushing to prod
|
|
#
?
Jun 13, 2022 21:27
|
|
|
p sure this person unbanked themself because they're a brothel
|
|
#
?
Jun 13, 2022 21:34
|
|
|
RPATDO_LAMD posted:remember that in the bitcoin ecosystem making one tiny mistake with a transaction can result in permanently and irrecoverably vaporizing all the money involved in this case (with a tx in the mempool but not yet confirmed) is there even anything you can do about it other than hope it goes through or times out? god forbid you sent another transaction and double-spend, or even more laffo do that but then both transactions go through
|
|
#
?
Jun 13, 2022 21:43
|
|
|
Zamujasa posted:in this case (with a tx in the mempool but not yet confirmed) is there even anything you can do about it other than hope it goes through or times out? god forbid you sent another transaction and double-spend, or even more laffo do that but then both transactions go through Yeah https://bitcoinops.org/en/topics/cpfp/ https://bitcoinops.org/en/topics/replace-by-fee/
|
|
#
?
Jun 13, 2022 21:46
|
|
|
|
| # ? Jun 5, 2024 05:46 |
|
|
evilweasel posted:so here is what I think bitfinexed is saying is going on, based on how margin loans work and what (little) i know about bitfinex. youre being r/td on the tooter op fyi https://twitter.com/LizRummy/status/1536422622287773696
|
|
#
?
Jun 13, 2022 21:47
|
|
