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carrionman posted:Got a live one at work, semi retired boomer who lives off the income from the three rentals he bought 30 years ago, as well as a pension, while bitching about how kids today have it too easy. Also super into steampunk. This is the definitive Aotearoa experience.
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Feb 14, 2024 21:17
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“Steampunk Boomer” is a good forum name
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Feb 15, 2024 12:21
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Scratch Monkey posted:“Steampunk Boomer” is a good forum name Also, "Boomer Steampunk" sounds like the worst possible iteration of the genre.
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Feb 15, 2024 20:10
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carrionman posted:Besides, he's been doing his research online and bitcoin is safe. 
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Feb 16, 2024 15:47
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funds are safuUUUU
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Feb 16, 2024 16:37
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Once my funds go TO THE MOON no one can reach them.
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Feb 16, 2024 17:30
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this is also true of funds that sink so low that they hit the subduction zone and become one with the earth's magma
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Feb 16, 2024 18:09
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Old friend calls me out of the blue, is genuinely excited to get me to buy bitcoin, both coins and ETFs. Dude gets a little manic at times, so I'm not concerned, but he keeps going on about "some big event" happening in two months, that is going to send Bitcoin soaring. Is anything actually happening, or is this completely made up by people selling Bitcoin?
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Feb 16, 2024 19:47
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In two months everyone with Bitcoin has to cut their dick in half. It's called the halfing.
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Feb 16, 2024 19:51
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I think Bitcoin is stupid, a failed experiment. The only real use case for it is separating fools from their money. Remember that old saw about how Joe Kennedy Senior pulled out of the stock market the same day that his shoe shine boy offered him stock advice? Well, when I opened my PayPal account, I saw that PAYPAL was selling crypto currency, that was my Joe Kennedy moment. Not that I ever had anything invested in crypto, but the realization that there is a bubble forming, and unqualified idiots are chasing it. So on a lark I bought $100 worth at a little over 16k. And now it's up to like $270? I've been trying to make this a lesson to my crypto-addled associates, but they just get psycho angry when I tell them that I'm glad that I DID NOT invest my lifesavings in Bitcoin.
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Feb 16, 2024 19:55
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The halving has happened thrice before and it wasn't really a big deal, besides it being a thing to talk about.
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Feb 16, 2024 19:57
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SettingSun posted:The halving has happened thrice before and it wasn't really a big deal, besides it being a thing to talk about. You can fold a piece of paper in half only 7-8 times. Bitcoin is not made of paper so it can probably survive no more than 4 times.
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Feb 16, 2024 20:05
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SettingSun posted:The halving has happened thrice before and it wasn't really a big deal, besides it being a thing to talk about.
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Feb 16, 2024 20:07
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In 2 months your friend is going to lose a lot of money. Is there some way I can put a short call on your friend?
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Feb 16, 2024 21:13
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I used to think it was fine if people wanted to gamble on speculative stuff like Bitcoin, dumb but ultimately if you know the risks and that it is all made up go for it. I've since changed my thinking on that, investing in cryptos is unethical even if you're aware it's all smoke and mirrors and are hoping to take advantage of the volatility. The environmental impact and it's ubiquitous use by criminals pushes it past an innocent gamble.
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Feb 16, 2024 21:18
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I know a guy that to this day still believes in buttcoin etc. I refuse to comment when he brings it up anymore, it's not worth the effort. That being said, there's a few other things he's interested in that he isn't knowledgeable on but thinks he's an expert, which tracks for the whole culture and looool.
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Feb 16, 2024 21:26
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Another Bill posted:In 2 months your friend is going to lose a lot of money. Tell your insurance company that you're Walmart and you want to buy life insurance for an employee.
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Feb 16, 2024 22:52
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Bitcoin is already a dunning-kruger magnet, add in boomer landlord who's lived his life on easy mode and lol yeah you're never gonna get him out of that. It's a self-reinforcing cult. You know that King of the Hill episode where the sorority cult tries to brainwash Luanne, but she's too slow for it to really take, but they get Peggy under their spell instantly? They're like Peggy.
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Feb 17, 2024 05:48
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Squashy Nipples posted:Old friend calls me out of the blue, is genuinely excited to get me to buy bitcoin, both coins and ETFs. it's the "halvening" and coiners are convinced it magically sends the price up (rather than it being boosted by coincidental pumps). Amy and I have been hacking away at an article on this just today.
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Feb 17, 2024 20:03
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buttcoin
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Feb 19, 2024 23:01
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divabot posted:it's the "halvening" and coiners are convinced it magically sends the price up (rather than it being boosted by coincidental pumps). Amy and I have been hacking away at an article on this just today. I'm pretty sure everything magically sends the price up (through wash trading and printing more tether fun bucks) until major holders decide they want to cash out at the expense of greater rubes. Sure was a good idea to allow the creation of those ETFs though 
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Feb 19, 2024 23:27
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There’s etfs for tons of dumb poo poo, whatever. You can buy etfs for giant metal ‘airships’ so heavy that they’ll never float even if you filled an empty one with hot air.
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Feb 19, 2024 23:29
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Got a text by someone I hadn’t heard from in like a decade telling me about how great crypto is and I should get in on this credit card or something. I told him no and that crypto is just a Ponzi scheme and he told me it was just fud and he always thought I was intelligent so it’s weird that I’m not getting why this is great Should I go all in?
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Feb 20, 2024 00:25
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Gutcruncher posted:Got a text by someone I hadn’t heard from in like a decade telling me about how great crypto is and I should get in on this credit card or something. I told him no and that crypto is just a Ponzi scheme and he told me it was just fud and he always thought I was intelligent so it’s weird that I’m not getting why this is great call him back on a different number and scam his rear end, he believes himself over-intelligent and will be an easy mark
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Feb 20, 2024 00:47
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if you hear any noise it's just me and the boys boppin https://twitter.com/TiffanyFong_/status/1759766268385935564
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Feb 20, 2024 05:14
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I'm glad he made friends
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Feb 20, 2024 05:21
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this is good for bitcoin
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Feb 20, 2024 05:22
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Beached Whale posted:if you hear any noise it's just me and the boys boppin Lmao
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Feb 20, 2024 05:23
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Awwww, after his March sentencing he's gonna have to leave his fweinds
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Feb 20, 2024 05:48
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okay why is everyone except sam and the dude next to him have their faces blocked out. edit: nevermind its because she interviewed the guy and got permission.. his name is "g lock" 
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Feb 20, 2024 06:37
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Isn't he supposed to be sitting on a couch in front of them or has the meme evolved?
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Feb 20, 2024 08:40
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SBF should start lifting and get some tats
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Feb 20, 2024 10:16
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I’d say he could ingratiate himself to his fellow prisoners by being their financial advisor but I guess that’s not a good idea
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Feb 20, 2024 13:29
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I guess he made the right bird noise to tall flacco from the bronx
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Feb 20, 2024 13:56
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Scratch Monkey posted:I’d say he could ingratiate himself to his fellow prisoners by being their financial advisor but I guess that’s not a good idea Andy Bankman-Dufresne
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Feb 20, 2024 15:48
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My friend G Lock.
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Feb 20, 2024 15:53
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we got our piece on the halving out, I think it covers everything you need to know: 1. miners are screwed lol 2. everything else is memes and bullshit
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Feb 22, 2024 10:07
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So this current jump in price is the miners manipulating the market to continue to be seen as being profitable, so they can continue to get real money from idiot hedge funds? At some point, I assume that spigot will run dry as AI is the new shiny
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Feb 22, 2024 10:40
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Betjeman posted:So this current jump in price is the miners manipulating the market to continue to be seen as being profitable, so they can continue to get real money from idiot hedge funds? soon AI will mine bitcoin and run the scams, so labor cost will go down. hell we don't even need the deep pocket dummies, AI can just scam other AI for fake credits.
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Feb 22, 2024 15:15
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divabot posted:we got our piece on the halving out, I think it covers everything you need to know: It's almost hilarious how they magically got price above the 51k mark in advance.
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Feb 22, 2024 15:25
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