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I spent the last of my ethereum updating my ENS address to actually have content in it. I only bought two years worth of it and so far the benefits are literally nothing.
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Jun 22, 2022 22:35
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| # ? May 31, 2024 00:50 |
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I decided to check in on my babby thread about scammers and stupidity. Seems that things are better than they were but still not good. Looks like a lot of people in here are about to cum but the crypto market is really into edging. This video popped up in my feed today. It's from a better time. https://www.youtube.com/watch?v=KQ6zr6kCPj8
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Jun 22, 2022 22:41
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That sound you hear is the usdc printer warming up. Gotta keep this clown show above 20k
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Jun 22, 2022 22:47
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Zil posted:
Those fools, somebody should have told them it's a bear market.
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Jun 22, 2022 23:03
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Rotten Red Rod posted:Hell yeah, let's all not watch the video to the end! There isn't a very important qualifier at 8:13!!! i mean there is; sorry this comes up in the gpu thread all the time lol the first generation of mining hosed cards super super hard - heat is bad for components. run your components at high heat and you're significantly cutting into longevity, period. eth was i think designed both to explicitly target GPU mining and avoid this with it's weird VRAM targeting implementation - instead of overclocking the snot out of the core you actually significantly downclock it, defacto undervolting it on nvidia cards, then put a bunch on the VRAM. this means that these cards, unless they had other climate issues (ie were in a badly designed mining farm with no ac) probably operated in the 40s or 50s maybe with an aggressive fan curve? that's well within operational limits and the cards people are talking (30 series) about are max less than 2 years old. 24 hour operation means the fans will need replacing much sooner but fans don't last forever and are supposed to be user serviced, same with thermal paste. GPUs that survive their warranty period and are taken care of going a decade or more is very common, they've become quite robust and intelligent at thermally throttling to prevent damage. if two years of mining drops that lifeline to say 8 years, do you care? will you still be using that 3080 in 2028? get a good reduction because you are taking on more risk, like with any secondhand product. but if the previous owner was honest and the price is right i wouldn't mind buying a 30 series miner at all.
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Jun 22, 2022 23:21
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repiv posted:poorly aged things In all normal parts of society we acknowledge that random people who happen to be good at playing pretend and living in a bubble in Hollywood are maybe not the most knowledgeable about life in general, but when it comes to a highly complex technical financial/technical field people on both sides of the aisle feel that their input on cryptocurrency is relevant.
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Jun 22, 2022 23:21
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Someone in the GPU thread snagged a 3080 for $600 and the dude was looking to offload more of them for that price. 
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Jun 22, 2022 23:22
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See what happens is they react to things like a normal person and then someone approaches their agent with a giant stack of cash that they have to do absolutely nothing to receive except stop reacting to the thing like a normal person and instead give a thumbs up to on camera once or twice
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Jun 22, 2022 23:27
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Arrrthritis posted:Those fools, somebody should have told them it's a bear market. 
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Jun 22, 2022 23:31
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Arrrthritis posted:Those fools, somebody should have told them it's a bear market. 
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Jun 23, 2022 00:00
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And a bottom one at that.
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Jun 23, 2022 00:27
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hot cocoa on the couch posted:lmao imagine reading this to a normie. just a regular person. hell just read it back to yourself. what trhe gently caress lol It is quite likely that the slurp juice tweet, made on the morning of May 3rd and reaching viral mainstream news coverage by the next day, precipitated the current crash through its raw inscrutability. 
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Jun 23, 2022 00:51
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shame on an IGA posted:It is quite likely that the slurp juice tweet, made on the morning of May 3rd and reaching viral mainstream news coverage by the next day, precipitated the current crash through its raw inscrutability. lol
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Jun 23, 2022 01:10
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Elerion posted:In all normal parts of society we acknowledge that random people who happen to be good at playing pretend and living in a bubble in Hollywood are maybe not the most knowledgeable about life in general, but when it comes to a highly complex technical financial/technical field people on both sides of the aisle feel that their input on cryptocurrency is relevant. Personally I think playing pretend and living in a bubble are excellent qualifications for working in cryptocurrency
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Jun 23, 2022 01:47
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Marshal Prolapse posted:
You would say that, Marshal Prolapse.
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Jun 23, 2022 02:26
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deletebeepbeepbeep posted:Not gonna lie, kinda bummed about LCD Soundsystem. Don't you guys have enough money to not sell your soul to perform to 100 complete dorks that are barely paying attention, c'mon man. you know what's worse than playing ape fest: https://twitter.com/MarkDiStef/status/1539708458974552073
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Jun 23, 2022 05:59
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We all gotta eat. *shrug* btw who was the person whose neighbor was trying to steal his kids' personal info for some shitcoin called "nugencoin"? Apparently run by some sad old grifter that wanted to pivot to the hip, new grift the kids are all talking about.  I mean cmon, would those faces lie to you?  The face of a man that's just brimming with sincerity
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Jun 23, 2022 06:11
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CoolCab posted:i mean there is; sorry this comes up in the gpu thread all the time lol Even back when Bitcoin miners were cooking cards to death, the gpu thread advice was to get one where the warranty goes by build date and work the shipping cost to MSI/EVGA/whoever's warranty department into your budget.
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Jun 23, 2022 06:14
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https://twitter.com/fxhedgers/status/1539840505315438592?s=21&t=pFZmIb6SbMqhRhYPw_YtXw
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Jun 23, 2022 06:22
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HolHorsejob posted:We all gotta eat. *shrug* Wow!
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Jun 23, 2022 06:25
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HolHorsejob posted:
You're missing the best part, his name is actually "Mr. Crookston" according to that article
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Jun 23, 2022 06:33
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Wow holy poo poo lolquote:David Crookston left the company on bad terms in mid 2016. This prompted Austin to publicly air dirty laundry about him.
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Jun 23, 2022 06:41
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https://twitter.com/Bitfinexed/status/1539818170458030080 https://twitter.com/Cointelegraph/status/1538765856464769025 https://twitter.com/globeandmail/status/1539749919636029440
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Jun 23, 2022 07:59
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GoutPatrol posted:not to body shame, but this picture looks like moving from the center out everyone is getting wider Guy on the left: ”the camera adds 450 pounds”
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Jun 23, 2022 10:09
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HolHorsejob posted:We all gotta eat. *shrug* quote:A 10% commission is paid on Nugen Coins invested in by personally recruited affiliates. That’s on top of any MLM commissions earned through ShopFreeMart.
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Jun 23, 2022 11:30
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Yeah, basically all this poo poo's got pyramid scheme style incentives built in. And giving you funbux that can only be spent at the company store is how FOMO gets its hooks in.
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Jun 23, 2022 12:51
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HolHorsejob posted:
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Jun 23, 2022 13:02
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Sashimi posted:He kind of looks like a Walter White/Larry David mashup. Thank you for putting this into words, I couldn't work out why the face looked so familiar haha.
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Jun 23, 2022 13:22
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I was thinking Junior Soprano.
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Jun 23, 2022 15:05
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https://www.siliconera.com/square-enix-plans-to-create-story-focused-nfts/ Square’s President still focused on making this happen
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Jun 23, 2022 18:00
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bobjr posted:https://www.siliconera.com/square-enix-plans-to-create-story-focused-nfts/ Lol. They tried to stop the rumors that they sold Eidos and all that IP to pursue NFTs only to do this. In reality it was because they lost a bunch of money on AAA games that even sold well. Between that and this poo poo Square has got to have one of the worst management in the industry. They're probably being kept afloat by gacha games.
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Jun 23, 2022 18:15
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pretty sure they're being kept afloat by the money printer that is final fantasy xiv, their subscription based mmo that unseated world of warcraft as the biggest mmo in the world like, 2 years ago. it's basically their fortnite
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Jun 23, 2022 18:30
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So I got curious and looked up Voyager's 3/31/22 interim financials (available here, on the Canadian equivalent to EDGAR), and at that time, they had about $5.5 billion in "crypto and fiat" liabilities for funds/assets deposited by customers. They had only $99 million in unrestricted cash and equivalents on hand (plus another $110m or so in cash on customer deposits). Of the $5.4 billion worth of cryptos they had, they had loaned out $2 billion, a full third of which we now know went to 3AC. The BankMan's loans to Voyager are nominally worth about $500 mil today, so that plus their cash on hand does not even cover the potential hole left by their $655 mil loan to 3AC. So even with the Bankman's emergency loans, seems to me like they've got two problems now: 1) if their customers start pulling out USDC or bitcoins and they use the bankman's loans to cover those withdrawals, they're still left with a huge loan to the bankman and no way to repay it. this is not a bailout, this is just stalling for time before Voyager decides which one of its creditors (which include their customers) to stiff. 2) if their customers start selling for cash within the Voyager exchange, there is not much cash left before they'd crash the prices within the exchange (unless Voyager gets a cash infusion from somewhere else), assuming Voyager is actually segregating between real cash and USDC on its customer-facing trading platform. If, say, Voyager is hypothetically doing something very silly and not accurately discriminating between real cash trades and USDC trades on its customer-facing platform - in order to make it look like there's more liquidity available for trading than there actually is - then there's not much real cash to cover a potential bank run if customers start pulling out real cash. (also, somehow this crypto exchange-slash-investment bank has not turned a profit for at least the last four years? the hell have you guys been doing that your combined exchange/cryptobank couldn't skim a profit during that insane crypto bull market???)
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Jun 23, 2022 18:31
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Cowcaster posted:pretty sure they're being kept afloat by the money printer that is final fantasy xiv, their subscription based mmo that unseated world of warcraft as the biggest mmo in the world like, 2 years ago. it's basically their fortnite One wonders what their situation would be like had they not made the rather gutsy call to basically redo the entire game after its initial launch.
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Jun 23, 2022 18:34
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Planet X posted:We'll see how many "frens" they have once they start getting rounded up by whatever entities that want their (real) money. "hurrdur lel hay guyz Funds R Safu amirite  ?" *loses entire life savings**gets evicted* "le epic fail!1!1!1" BornAPoorBlkChild fucked around with this message at 01:48 on Oct 25, 2022 |
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Jun 23, 2022 18:35
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bobjr posted:https://www.siliconera.com/square-enix-plans-to-create-story-focused-nfts/ Wait, didn't Squeenix say just a week ago say there had been a change of plans and they weren't investing in NFT gaming anymore?
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Jun 23, 2022 18:35
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Tech companies are designed to hide any profit so that their valuation can reach thousands of millions. Hedge funds don’t have that incentive, they’re lying for another reason or really really stupid
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Jun 23, 2022 18:36
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Viscous Soda posted:Wait, didn't Squeenix say just a week ago say there had been a change of plans and they weren't investing in NFT gaming anymore? "It’s still a bit too early to consider making Dragon Quest and Final Fantasy blockchain games, and we’re not at the stage of thinking about that yet." we (the consumer frog) were unwilling to accept the NFTs immediately (being dunked into boiling water) so they will instead back off (put us in cold water) and gradually add the NFTs over time (slowly boil us alive)
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Jun 23, 2022 18:52
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| # ? May 31, 2024 00:50 |
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Look at this awful poo poo I'm witnessing on my lunch break,   There was other awful poo poo too, numerous food trucks with this monkey poo poo all over it and the side of the building is a big derivative monkey
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Jun 23, 2022 18:55
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