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Protocol7 posted:That's just the price they're willing to pay for "innovation." Friend of mine said it's good because it helps push the power industry to innovate
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# ? Jul 24, 2022 16:46 |
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# ? May 30, 2024 19:37 |
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Shifty Pony posted:The main propaganda that the crypto evangelicals are immersed in is that everything even remotely related to crypto is new. New paradigm!!
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# ? Jul 24, 2022 16:56 |
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ilmucche posted:Friend of mine said it's good because it helps push the power industry to innovate Yes, my bitcoiner friend says the same, "it gives miners 100% incentive to search for efficient energy generation"
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# ? Jul 24, 2022 17:05 |
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shame on an IGA posted:yes, after exploiting a weakness in Robinhood's risk controls that allowed him to use put options he had just bought on credit as collateral to buy more put options on credit, and then use those as collateral and so on and so forth, he managed to turn an initial investment of $2k into a $50,000 debt because the underlying moved *checks notes* 0.056% you forgot the best part: his investment thesis that AAPL would go down was that Apple deliberately promotes more women to management than average, so their upcoming earnings report would undoubtedly show the company crashing and burning due to the incompetence of
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# ? Jul 24, 2022 17:07 |
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AndreTheGiantBoned posted:Yes, my bitcoiner friend says the same, "it gives miners 100% incentive to search for efficient energy generation" yeah, efficient like buying and firing up coal plants that have been shut down for years! why do all that pesky work to invent something new and polish it when you got tried and true efficient combustion!
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# ? Jul 24, 2022 17:16 |
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the holy poopacy posted:you forgot the best part: his investment thesis that AAPL would go down was that Apple deliberately promotes more women to management than average, so their upcoming earnings report would undoubtedly show the company crashing and burning due to the incompetence of I think this guy was posting around reddit asking for male only companies he could invest in.
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# ? Jul 24, 2022 17:43 |
RainMaker posted:I think this guy was posting around reddit asking for male only companies he could invest in. e: Like seriously, this would have been nigh impossible even BEFORE women's liberation
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# ? Jul 24, 2022 18:42 |
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is "bipeds" a legit vocab word for these ingroups? ew/lol
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# ? Jul 24, 2022 18:53 |
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Decided to check in on the GME chimps https://www.reddit.com/r/Superstonk/comments/w6vlkb/gme_marketplace_volume_1259936187_current_eth/ quote:Before we get too excited we need to remember that this is a beta release with near zero effect on the bottom line. The beta release is just to work out the bugs in the system before getting much larger volumes after the real release in the next few days. quote:I think you’re missing part of the equation though because they’re not getting these fees in USD but in ETH, which is crazy undervalued after the deleveraging the last couple of weeks. So that $17,726 could just as easily be $40k/day by year end. Whereas the dollar is going to remain stable (thanks military! Lol) GME has now adopted full crypto-bro status. The merger is complete. Ape together strong. I can't wait to see where this all goes soon.
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# ? Jul 24, 2022 19:26 |
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Nothing more than death throes of a company from the not-so-distant past.
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# ? Jul 24, 2022 19:56 |
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https://reddit.com/r/SubredditDrama/comments/w75b2e/summary_of_monthlong_rpoker_drama_doug_polk_pro/ Really good write up of some cryptodrama. You know it’s going to be a ride when it opens with someone nicknamed “crypto Jesus.”
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# ? Jul 24, 2022 22:41 |
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coolusername posted:https://reddit.com/r/SubredditDrama/comments/w75b2e/summary_of_monthlong_rpoker_drama_doug_polk_pro/ yeah i knew about this but didn't want to type up a whole bunch of the backstory and that thread gives a pretty good summary. one thing doug said in his video where he was leaving coinflex (not going to call it an apology video) was he was claiming he didn't have ownership and wasn't paid to promote the coin and that he also had lost money too. which you know, YOU PROMOTED IT ON YOUR CHANNEL is why people are mad at you doug. one thing i will say.. not in his defense but to clear up what he's thinking: the reason he thinks paying back 10% is a good thing is because in the poker world, a lot of this stuff happens. where someone will stake someone else in tournaments over a long period and sometimes that person is so far down in makeup (how much he owes the stakee) to the staker that they'll just try to ghost the stakee. eventually they come to an agreement where the stakee pays back the staker in small amounts (10%) as a sign of good faith, etc. etc. the reason the stakee pays back the makeup is because if he doesn't otherwise, no one will ever stake him again. once you're a known person who doesn't pay back their debts you're pretty much a persona-non-grata in the poker world. in the case with coinflex... them paying back 10% to that many people means they don't really have 100% for everyone, and there's no way to make that back up. in poker you continue to play tournaments or grind cash games to pay that money back. there's no way to do that for coinflex in this case. can't really tell if doug is that dumb or just naive. edit: it really is sad how far doug has gone.. he definitely was a big voice in the poker community against cheats and angle shooters, and really advocated for the players (vs the room)... and now he owns a poker room himself. lmao. (although i do hear its good) Strong Sauce fucked around with this message at 23:21 on Jul 24, 2022 |
# ? Jul 24, 2022 23:12 |
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I figured it was "your money is hosed, be pissed but at least you're getting 10% back instead of losing everything The guy had good poker analysis but leaning into crypto was pretty poo poo
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# ? Jul 24, 2022 23:20 |
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ilmucche posted:I figured it was "your money is hosed, be pissed but at least you're getting 10% back instead of losing everything i think he optimistically thinks that they will eventually pay the other 90% of it back. or he's being a bit disingenous. and again, the reason people who are staked pay back their makeup is because 1. they don't have the money any more and 2. they want to eventually play poker at higher stakes again. coinflex already has their money. the money they cheated from other people. there is no need to really back it all back. i haven't followed much on coinflex but afaict, there's like 0% chance people get their money back. i can't tell if he's naive, or just trying to damage control his (for lack of a better word) "brand" by doing this. doug, without a doubt, at his peak was one of the world's best no limit heads up specialists. like his commitment to studying the game was incredible and he was able to discuss high level hands very well on his youtube channel. then he got into crypto. ---- phil hellmuth, as much of a dickish rear end in a top hat he is, i think it's pretty clear that "bitcoin latinum" hat is a paid promotion he gets money to wear. people definitely giving him poo poo but also i think most people know hellmuth knows nothing about cryptocurrency on a deep level. (he still should get poo poo) many moons ago in the online poker world when ultimate bet, a company hellmuth promoted and was a sponsored pro of, had that huge goduser scandal come out and hellmuth claimed ignorance of what was going on. i think people gave him a lot of poo poo about resigning at the time he did thinking that he knew more than he let on until leaked chat logs came out where some of the founders, i think it was greg pierson and russ hamilton, basically said they kept hellmuth in the dark. anyways. hellmuth is a huge jerk and stuff but that dude.. in terms of paying off debts and making good is probably better than the rest of the poker world only because hellmuth understands how bad his brand would take a hit from something like that.
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# ? Jul 24, 2022 23:37 |
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more like helminth
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# ? Jul 25, 2022 00:38 |
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Seems to be a lot of overlap with crypto and the old 2+2 folks like Timex or Haralabob or I want to say Jason Strasser. Probably because you know, compulsive gamblers but I follow a bunch and 90% they talk about crypto instead of poker.
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# ? Jul 25, 2022 00:52 |
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Diva Cupcake posted:Seems to be a lot of overlap with crypto and the old 2+2 folks like Timex or Haralabob or I want to say Jason Strasser. Probably because you know, compulsive gamblers but I follow a bunch and 90% they talk about crypto instead of poker. at least half of that was gibberish to me. Welcome to bitcoin. You will fit in just fine
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# ? Jul 25, 2022 01:05 |
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shame on an IGA posted:yes, after exploiting a weakness in Robinhood's risk controls that allowed him to use put options he had just bought on credit as collateral to buy more put options on credit, and then use those as collateral and so on and so forth, he managed to turn an initial investment of $2k into a $50,000 debt because the underlying moved *checks notes* 0.056% The most profitable way to exploit that glitch would have been to use it in hacked accounts, so you can steal the winnings if the leverage play hits, and leave some rando to deal with the losses if it doesn't.
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# ? Jul 25, 2022 01:12 |
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Diva Cupcake posted:Seems to be a lot of overlap with crypto and the old 2+2 folks like Timex or Haralabob or I want to say Jason Strasser. Probably because you know, compulsive gamblers but I follow a bunch and 90% they talk about crypto instead of poker. yeah timex and strassa2 (i think that was his 2p2 name) are into it. i think he went into finance though. haralabob still thinks bitcoin is the future and has held onto his bitcoins since supposedly the early 2010s when he bought them. i follow him for his nba tweets and i always gotta gloss over any of his dumb crypto tweets. Mumpy Puffinz posted:at least half of that was gibberish to me. Welcome to bitcoin. You will fit in just fine only half?
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# ? Jul 25, 2022 01:19 |
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Strong Sauce posted:yeah timex and strassa2 (i think that was his 2p2 name) are into it. i think he went into finance though. haralabob still thinks bitcoin is the future and has held onto his bitcoins since supposedly the early 2010s when he bought them. i follow him for his nba tweets and i always gotta gloss over any of his dumb crypto tweets. I understood most of the words, just, not in that order
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# ? Jul 25, 2022 01:23 |
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also timex is a watch company
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# ? Jul 25, 2022 01:23 |
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Mumpy Puffinz posted:also timex is a watch company but are you a type of bird with the bumps?
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# ? Jul 25, 2022 01:26 |
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Strong Sauce posted:but are you a type of bird with the bumps? no. Im a bird similar to penguins with the kissing disease
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# ? Jul 25, 2022 01:38 |
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https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA
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# ? Jul 25, 2022 01:57 |
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Strong Sauce posted:but are you a type of bird with the bumps? instead of arguing with each other let's just laugh at bitcoin
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# ? Jul 25, 2022 02:02 |
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bobjr posted:https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA this is just people pretending to run a business. Like little kids, but these people have more money than you or I will ever have. There is no god. Scratch that, there is a god and his name is Dunning Kruger
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# ? Jul 25, 2022 02:07 |
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bobjr posted:https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA loving genres that haven't been invented yet, LOL.
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# ? Jul 25, 2022 02:07 |
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bobjr posted:https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA Finally the first time people are able to earn royalties for things. This was impossible up until web3 made it happen finally.
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# ? Jul 25, 2022 02:07 |
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NFTs are kind of awesome. They’re a dystopian sci-fi cautionary tale given flesh.
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# ? Jul 25, 2022 02:15 |
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I should go to every restaurant I've ever been to and demand part of their profits because I tipped the server years ago.
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# ? Jul 25, 2022 02:15 |
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I love how every NFT grift under the sun can't even be bothered to write their own character back stories. No, the COMMUNITY will determine their fate. Just a bunch of nonces will write the screen play line by line, one Discord message at a time.
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# ? Jul 25, 2022 02:22 |
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bobjr posted:https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA Edit: Ayyy, the tweet got delete
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# ? Jul 25, 2022 02:40 |
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bobjr posted:https://twitter.com/tolstoybb/status/1551361097189298177?s=20&t=ptNW5mcx6Q5O-PKn3WFhEA NFT weirdo posted:
I really don’t want to see this person’s AO3 page…
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# ? Jul 25, 2022 02:40 |
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Any coiners out there I just want to say: bitcoin is like your mom, they both slurp 3x/day.
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# ? Jul 25, 2022 02:49 |
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LifeSunDeath posted:Any coiners out there I just want to say: bitcoin is like your mom, they both slurp 3x/day. But only once per ape.
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# ? Jul 25, 2022 03:52 |
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The Lone Badger posted:
A lotta y'all coiners still don't get it, your mom can slurp the same ape multiple times, because she's insatiable.
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# ? Jul 25, 2022 05:33 |
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Please tell me that someone screenshot whatever that was.
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# ? Jul 25, 2022 10:17 |
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Doctor_Fruitbat posted:Please tell me that someone screenshot whatever that was.
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# ? Jul 25, 2022 10:37 |
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What would you even own in this case? What is the money funding?
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# ? Jul 25, 2022 10:41 |
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# ? May 30, 2024 19:37 |
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Hell yeah inventing an entirely new class of investments and destroying the concept of art itself so I can feel my Fanboying actually means something
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# ? Jul 25, 2022 10:48 |