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notwithoutmyanus posted:So many things wrong with this one. Proud of money laundering and mario beating off I suppose. I read "geocities" in the same cadence as you'd read "atrocities", and I'm not sure my mind was wrong.
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Aug 25, 2023 19:27
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drk posted:pssh offering 100x returns is an obvious scam. Did anyone say "ultrabuyalot" yet?
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Aug 25, 2023 19:34
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Was there ever any actual use for a logarithmic scale for graphs or have they always just used it to wildly represent their data to support their own twisted hypotheses
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Aug 25, 2023 19:42
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OneEightHundred posted:If you pan the chart to the right you can see the rainbow coming back down to the pot of gold at 0. Except that's not gold in the
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Aug 25, 2023 19:53
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SettingSun posted:Was there ever any actual use for a logarithmic scale for graphs or have they always just used it to wildly represent their data to support their own twisted hypotheses In general? There's certainly a use for wildly ranging data sets, but it's more a tool in the toolbox than a necessity. In Bitcoin? What does your heart tell you? It's the latter one. It made one of the early bitcoin charts have a huge hockystick at one point IIRC so now it's just a meme.
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Aug 25, 2023 20:05
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Log scale is «useful» for Bitcoin because you can capture all the boom and bust cycles from the beginning in the same chart. Otherwise most of the chart would be a practically flat line.
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Aug 25, 2023 20:32
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DicktheCat posted:I read "geocities" in the same cadence as you'd read "atrocities", and I'm not sure my mind was wrong. I don't think you can ever be wrong with the comparison when it comes to crypto, but it's pretty bad/half assed for someone trying to grift.
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Aug 25, 2023 21:10
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Log scale or as it's commonly known, wood chip.
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Aug 26, 2023 02:37
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The only log scale I need is the one from Bristol.
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Aug 26, 2023 02:38
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SettingSun posted:Was there ever any actual use for a logarithmic scale for graphs or have they always just used it to wildly represent their data to support their own twisted hypotheses In general or in crypto? Log scales are useful in science; the pH scale is logarithmic, for example
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Aug 26, 2023 02:51
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SettingSun posted:Was there ever any actual use for a logarithmic scale for graphs or have they always just used it to wildly represent their data to support their own twisted hypotheses They absolutely have uses, but if they're being used honestly the author should probably draw particular attention to the fact it's a log scale.
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Aug 26, 2023 05:46
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Boxturret posted:This is the first time I've ever considered that there may be people who pronounce nft as nifty... Wait until you hear what 'scuzzy' was supposed to be.
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Aug 26, 2023 06:01
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bobjr posted:https://twitter.com/molly0xfff/status/1694748959296614655?s=46&t=CBKJcBX0BD3U5HgUdsqBtw Rather than "100x-ing", the token immediately plummeted when DeSalvo sold his ~41 billion Blazar tokens. DeSalvo is accused of using his profits from the scheme to speculate on other crypto tokens, pay for personal expenses, and reimburse one investor Even when you're a scammer who just pulled off a scam you immediately re invest in other people's exact same scams??
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Aug 26, 2023 09:00
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My first car was a stick
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bandaid.friend posted:Rather than "100x-ing", the token immediately plummeted when DeSalvo sold his ~41 billion Blazar tokens. DeSalvo is accused of using his profits from the scheme to speculate on other crypto tokens, pay for personal expenses, and reimburse one investor Maybe if you pull off scams you might think you can spot them and see a little profit by doing quick little trades right before the rugpull?
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Aug 26, 2023 09:13
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Crypto has been like 90% scammers scamming scammers from the start. It's the same with the adjacent goldbug and sovereign citizen and stonks poo poo, that same personality type is attracted magnetically to anything that looks like an opportunity to get one over on someone. Heck, it's even one of the classic categories of scam, to make someone think they're scamming or exploiting you so they let their guard down and aren't likely to tell anyone about it til you're long gone. Ghost Leviathan fucked around with this message at 14:54 on Aug 26, 2023 |
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Aug 26, 2023 13:19
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“Scammer, no scamming!” shouts Dora the Bitcoiner, but he always does
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Aug 26, 2023 14:51
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notwithoutmyanus posted:So many things wrong with this one. Proud of money laundering and mario beating off I suppose.
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Aug 26, 2023 22:13
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Aug 27, 2023 00:27
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You know we can’t understand that without a graph!
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Aug 27, 2023 00:28
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I'm worried. He's degenerated to the point of talking in pictographs. It's like the downside slope of Flowers for Algernon, but in this case there was never any peak for him to come down from
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Aug 27, 2023 00:31
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So dumb. We already have digital money, bitcoin is just a shittier version of it, just like there are lovely vehicles and good vehicles. None of the other concept to concept art was to a specific brand name of a product. Although those tiny cars are really lovely, maybe the graphic is saying "here's the worst replacement." That light bulb looks janky as hell and maybe the laptop is some kind of lovely chromebook.
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Aug 27, 2023 00:35
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SWIFT predates Merkle Trees by six years. Game. Set. Match. In other words, the problem of secure transfers of money was solved before many of you were born. oh, and I almost forgot: buttcoin tango alpha delta fucked around with this message at 00:43 on Aug 27, 2023 |
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Aug 27, 2023 00:39
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wow, people saying it with words was so obviously dumb and wrong, but seeing it with emojis....this will really speak to the youths of today
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Aug 27, 2023 00:51
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this is good for bitcoin
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Aug 27, 2023 01:22
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Aug 27, 2023 01:29
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7 of those things exists and still have value and uses though? like scented candles have interesting roni detection.
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Aug 27, 2023 01:37
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You... you turned my sister into a hamburger?! MODS????
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Aug 27, 2023 01:54
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drk posted:pssh offering 100x returns is an obvious scam. many leprechauns died to bring us this savvy financial advice
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Aug 27, 2023 02:11
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Fur20 posted:this is good for bitcoin 
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Aug 27, 2023 02:20
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Aug 27, 2023 02:55
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Aug 27, 2023 03:20
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Aug 27, 2023 03:25
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Aug 27, 2023 03:28
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It also explains so much to remember most Bitcoin people are drugged up to gently caress. SBF may have permanently damaged his brain from mainlining the real poo poo.
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Aug 27, 2023 03:38
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Aug 27, 2023 03:42
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Aug 27, 2023 04:38
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The image is a bit misleading, since paper money is superior to bitcoin in every way. If bitcoin was the only digital currency around, it would still be much faster, cheaper and safer to stuff money in an envelope and posting it to pay for something than trying to transfer that money digitally. Not that it would make sense in this scenario to try to transfer sums in hundreds of dollars anyway, there would be way too many corporations/banks/governments sending millions every day, who are always prepared to pay way more than you to cut ahead of you in the queue. It's like the opposite of a fail-safe, it's a fail-guarantee - the more people try to use bitcoin as money, the less useful it becomes as wait times and gas fees increase. Even now, when most users treat bitcoin as valuables rather than money, that's still sometimes too much happening at the same time for the blockchain to handle. So even if, say, you grocery store accepted bitcoin as payment, you would already run the risk of not being able to pay when you want to due to wait times. That's now, when no-one is even trying to pay for anything other than drugs or ransom money with bitcoin. So even if everyone accepted bitcoin, and there were no scammers or hackers to look out for, even when everything is working as intended your money occasionally just stops working for a few hours if your money is bitcoin. This will happen more often and the waiting times and prices will increase sharply the more people use bitcoin. How exactly is this an upgrade from paper money?
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Aug 27, 2023 04:42
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SettingSun posted:Was there ever any actual use for a logarithmic scale for graphs or have they always just used it to wildly represent their data to support their own twisted hypotheses They're useful for anything with exponential growth because the slope of growth on the log plot shows the rate of growth. They're also used inherently if you're plotting an already logged value like decibels.
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Aug 27, 2023 04:43
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In any case the log plot isn't the problem with that graph, it's the projection.
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Aug 27, 2023 04:45
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Ghost Leviathan posted:It also explains so much to remember most Bitcoin people are drugged up to gently caress. SBF may have permanently damaged his brain from mainlining the real poo poo. so one coiner damaged their brain from giving themseleves heat stroke, and Friedman fried his brain on drugs.
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Aug 27, 2023 06:25
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