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Th NYSE is looking shaky these days. Prolly Bitcoin.
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Jan 18, 2016 03:06
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how the hell am i suppose to pay for drugs now?
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Jan 18, 2016 03:11
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If i sell a lot of drugs and get a lot of bitcoins, how do i turn that back into money?
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Jan 18, 2016 03:19
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Fonzarelli posted:If i sell a lot of drugs and get a lot of bitcoins, how do i turn that back into money? you find someone to buy them from you for cash, for less than they are worth overall
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Jan 18, 2016 03:28
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A phone vibrating itself off the table, live! Is there a clip of this? Also the next gen engineering and businesscraft of BFL..
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Jan 18, 2016 03:32
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the nyt had a good overview of how the community basically splintered in two over ideological differences (with one camp wanting to move more mainstream and legitimate while the other has been wanting to keep Bitcoin as something of an underground thing) and the resultant fallout as everyone tries to undermine each other.
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Jan 18, 2016 03:32
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The FBI bookmarked this thread
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Jan 18, 2016 03:38
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It's funny how quickly everyone lost interest in Bitcoin once the difficulty went up, and you could no longer just mine them with your PCs graphics card.
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Jan 18, 2016 03:38
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Don Tacorleone posted:I'm watching John Wick.,it kind of owns 
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Jan 18, 2016 03:40
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Don Tacorleone posted:I'm watching John Wick.,it kind of owns It does indeed own, and the assassin currency in the film is more realistic and sustainable than Bitcoin
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Jan 18, 2016 03:44
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Story + question about bitcoins: I have a friend who has been dating a new partner for about 4 months. My friend has a good job and savings of about $40 or $50k. Her partner wanted to return to university but lacked the means to pay and he asked if he could borrow tuition for a year (about $6000). My friend wasn't comfortable loaning that sort of money for a 4 month old relationship causing her boyfriend to offer to give her $6000USD worth of bitcoins as collateral for the loan. My friend isn't that computer savvy and didn't know what a Bitcoin was so her partner set about studiously showing her magazine articles, pages printed from webpages, graphs showing their value over time and gave assurance after assurance that bitcoins were a real thing. She was still worried and, in the middle of an argument, her partner promised her his entire Bitcoin fortune (worth about $15,000 USD) as collateral for the $6000 loan. Wanting to avoid a longer argument she said yes and he set about putting the bitcoins in her name. Since then, he's been needling her and making snide, passive aggressive comments about how she's holding onto his entire retirement savings and making allusions about how unfair it was that he had to turn over $15,000 (which is apparently worth $18,000 now) in exchange for a "mere" $6,000 Anyway she's sick of it and wants to cash out $6,000 worth of bitcoins so she can settle the loan and then send him back the remaining bitcoins so this doesn't keep coming between them. Except she doesn't know how to convert her Bitcoin fortune into real money and asked me to help her. My question is, how screwed is she?
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Jan 18, 2016 03:51
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Serrath posted:Story + question about bitcoins: 
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Jan 18, 2016 03:56
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Serrath posted:Story + question about bitcoins: man she can sell them but I wanna say she's gonna lose like 15 or 20% on it to get the cash
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Jan 18, 2016 03:57
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Serrath posted:she doesn't know how to convert her Bitcoin fortune into real money
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Jan 18, 2016 03:58
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And if she actually manages to sell them (on an exchange that isn't a scam or isn't crashing, without getting stabbed in a parking lot, etc.) tell her to take a video of the dude when he flips out about it
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Jan 18, 2016 04:00
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Blue Train posted:man she can sell them but I wanna say she's gonna lose like 15 or 20% on it to get the cash She hasn't told her partner she's going to sell them yet. I haven't met him but he's probably going to flip his poo poo, he looooooves his bitcoins
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Jan 18, 2016 04:01
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Blue Train posted:man she can sell them but I wanna say she's gonna lose like 15 or 20% on it to get the cash that's assuming they are from drugs if he just bought them as an investment and they're clean she just needs a selfie, Id, and bank account to get the money
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Jan 18, 2016 04:01
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Serrath posted:She hasn't told her partner she's going to sell them yet. I haven't met him but he's probably going to flip his poo poo, he looooooves his bitcoins if they're in her name there's gently caress all he can do about it really
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Jan 18, 2016 04:02
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If she doesn't know anything about it, there's a good chance the guy has the private key to whatever address he gave her, and another very good chance he'll try to take them back if she says anything about her plan
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Jan 18, 2016 04:06
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The thread title should be Bitcoin and its users are hilariously broken in 2016
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Jan 18, 2016 04:06
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Mercury_Storm posted:If she doesn't know anything about it, there's a good chance the guy has the private key to whatever address he gave her, and another very good chance he'll try to take them back if she says anything about her plan yea this too honestly
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Jan 18, 2016 04:10
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Mercury_Storm posted:If she doesn't know anything about it, there's a good chance the guy has the private key to whatever address he gave her, and another very good chance he'll try to take them back if she says anything about her plan it's this, i guarantee it. bitcoins aren't in anyones name, there is only control of the private key to the given address. given that your friend is a non bitcultist id say one guess as to who generated those addresses "in her name"
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Jan 18, 2016 04:13
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Serrath posted:She hasn't told her partner she's going to sell them yet. I haven't met him but he's probably going to flip his poo poo, he looooooves his bitcoins From memory, but your a smart guy serrath, how do you know idiots like this? Please have them film the back alley rape/transaction
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Jan 18, 2016 04:16
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Mercury_Storm posted:RBF (replace by fee) is their genius solution to the problem of your transaction never going through because you didn't pay enough fees, so you can re-initiate the transaction with a new fee so it will actually happen... Oh man, I remember when one of the major selling points of BitCoin was "no chargebacks". Now, the developers put it in due to demand and it instantly got abused more than chargebacks.
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Jan 18, 2016 04:18
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The filesize of the bitcoin blockchain doubled every year for the past two years and is now almost 53 GB.
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Jan 18, 2016 04:31
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But with bitcoin theres no FEES! (unless you want the transaction to go through you have to pay a fee) if your fee is not good enough it still doesnt
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Jan 18, 2016 04:37
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The only thing more broken than the bitcoin protocol is the people who set up their cargo cult financial empire around it by trying to fast forward through the entire historical evolution of modern finances, running face first at full speed into every single problem along the way. What I'm saying is I'm glad to see the thread back because mining laughs from the Laughchain is an infinite source of entertainment.
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Jan 18, 2016 04:41
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SumYungGui posted:The only thing more broken than the bitcoin protocol is the people who set up their cargo cult financial empire around it by trying to fast forward through the entire historical evolution of modern finances, running face first at full speed into every single problem along the way. I think the original might still be on the crew forums, unless it was lumped in with the xbone release thread.
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Jan 18, 2016 04:42
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Wicker Man posted:I think the original might still be on the crew forums, unless it was lumped in with the xbone release thread. This is one of them http://forums.somethingawful.com/showthread.php?threadid=3413928&userid=0&perpage=40&pagenumber=1 OP was put on probation by Senior Woodchuck, because Senior Woodchuck was a loving idiot.
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Jan 18, 2016 04:44
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http://money.visualcapitalist.com/its-official-bitcoin-was-the-top-performing-currency-of-2015/ Bitcoin's surged 35% in value! Too the moon! Then 10 days after that article was published, some important dude involved with Bitcoin declared the things "failed" and the price briefly plunged to $350
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Jan 18, 2016 05:13
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The real question is, can you still buy drugs?
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Jan 18, 2016 05:14
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Nirvikalpa posted:The real question is, can you still buy drugs? gently caress off bitch
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Jan 18, 2016 05:16
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All of these things are true but you see this is actually good for Bitcoin because
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Jan 18, 2016 05:19
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Serak posted:All of these things are true but you see this is actually good for Bitcoin because 
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Jan 18, 2016 05:21
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Serak posted:All of these things are true but you see this is actually good for Bitcoin because
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Jan 18, 2016 05:23
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Serrath posted:Story + question about bitcoins: Tell your friend that a man whose entire life savings is in BitCoins has no future prospects and she'd be better off dating someone else.
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Jan 18, 2016 05:39
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the black husserl posted:goons have been talking poo poo about bitcoin for years but it just keeps getting more valuable and legit. please explain. We backed CosbyCoin but then...
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Jan 18, 2016 05:46
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Magic: The Gathering Online Exchange
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Jan 18, 2016 05:51
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Lol at the movie Dope The Mexican dude taking bitcoins wants to call out the black kid for not being hard lol. So glad he got punched
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Jan 18, 2016 05:53
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Alan Smithee posted:Lol at the movie Dope a good movie that anyone who has not seen should watch
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Jan 18, 2016 05:58
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