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Fate Accomplice
Nov 30, 2006




Alpha Mayo posted:

In defense of reddit the crypto community there is basically entirely fake, ran by shills part of the larger scam. Any reasonable post will get down voted to nothing while HODL memes get auto voted to top. The crypto scam version of Correct the Record.

reminder that thermos runs both /r/bitcoin AND bitcointalk, so pretty much all of the 'reputable' discussion on bitcoin occurs on thermos-run properties. he and the mining pool leaders are the most powerful people in bitcoin.

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Fate Accomplice
Nov 30, 2006




TVsVeryOwn posted:

Is there a place to see the 24 hour percent down?

https://coin360.io

Fate Accomplice
Nov 30, 2006




in NFT-adjacent news, GME announced earnings today:

expected EPS: -$1.16

actual EPS: -$2.08

also their NFT marketplace opens this quarter.

Fate Accomplice
Nov 30, 2006




Durzel posted:

It is pretty funny that they’re getting into NFTs just as the balloon is deflating, though. They know their new masters well, but in keeping with their year on year decline are too slow to pivot to actually exploiting it.

they're exploiting it from a different angle by having shareholders vote in a few hours to allow them to raise the total share count max from 300M -> 1B.

Fate Accomplice
Nov 30, 2006




GME to shareholders, months ago: "there are 77M shares outstanding and we're authorized to have 300M. if you vote to raise that cap to 1B, we'll consider giving you what's called a 'stock dividend.'"

cultist shareholders: "a stock dividend you say? clearly that means shorts [who never covered, despite an SEC report saying they did] will have to locate/buy X real shares for each share they've shorted and that'll cause the MOASS! EVERYONE VOTE YES. as soon as the votes are tallied they'll give us X times the shares and the price will go to the moon!"

====

GME, 2 hours ago: "thank you for voting yes to everything we wanted. if it makes sense, we'll consider a stock split at some point in the future."

cultist shareholders: "they're just saying that to keep the hedge funds on their toes! the dividend will be any minute now!"

onlookers: "did...did they just vote to allow GME to sell shares and dilute themselves without getting anything in return? if GME issues more shares, the price goes down, and any reason to split goes away."

narrator: "that's exactly what they did."

Fate Accomplice
Nov 30, 2006




https://twitter.com/edzitron/status/1536385724693458944

Fate Accomplice
Nov 30, 2006




MarcusSA posted:

What’s the opposite of to the moon ?

I like China Syndrome

https://en.wikipedia.org/wiki/Nuclear_meltdown#China_syndrome

Fate Accomplice
Nov 30, 2006




Doccykins posted:

It's just cracked through their original liquidation price for $238Milly if they hadn't re-collateralised 7 hours ago lol

imagine needing $34M per hour to keep your house of cards in one piece

Fate Accomplice
Nov 30, 2006




hotdog feet posted:

Going to buy a breakfast sandwich with my fiat currency

Scratch Monkey posted:

Have fun being full

posts like these make me super jealous of how funny people here are.

Fate Accomplice
Nov 30, 2006




Serious_Cyclone posted:

We're going to throw a Koosh ball around the room, and whoever catches it has to give the team an example of a good thing that Hitler did

there was a museum I used to go to once every 3-4 years growing up, and occasionally with school. their gift shop had a vat of Koosh balls and I'm pretty sure I never left that museum without a new one. totally useless and forgotten the next day, but they were fun for a moment.

Fate Accomplice
Nov 30, 2006





No true DeFi…

Fate Accomplice
Nov 30, 2006




Scratch Monkey posted:

I think it’s also saying that the guy used his Mint Mobile phone to do it. Mint Mobile (mm) is a discount phone network mainly used by people who don’t have the kind of money to blow on monkey jpgs that get them into monkey themed parties

Mm means metamask, a popular cryptocurrency/NFT wallet

Fate Accomplice
Nov 30, 2006




drk posted:

Blast from the past, I remember this guy had a kooky Bitcoin billboard in silicon valley back in like... 2012?

https://twitter.com/TheStalwart/status/1541834075685765125

So he escaped that dastardly mark karpeles’ clutches after all

https://www.youtube.com/watch?v=UP1YsMlrfF0

Fate Accomplice
Nov 30, 2006





luckily gencon this week in Indianapolis is requiring both vaccination and indoor masking.

Fate Accomplice
Nov 30, 2006




https://twitter.com/WatcherGuru/status/1597249268095426561

Fate Accomplice
Nov 30, 2006




maybe SBF has an extreme financial humiliation fetish

Fate Accomplice
Nov 30, 2006




Dr. Fraiser Chain posted:

All my juices, aped!!

not slurped?!

Fate Accomplice
Nov 30, 2006




DAD LOST MY IPOD posted:

the bbbaggy investment thesis is that their lord and savior Cohen is planning to launch an app called Teddy which will be Amazon’s biggest competitor but also an entire self contained financial system and use AI and basically be the Star Citizen of companies, and their wealth will derive from their ownership of this company (since Cohen will roll all BBBYQ into Teddy stock).

don't leave GameStop, the backbone of Teddy, out of this hagiography

Fate Accomplice
Nov 30, 2006




Impossibly Perfect Sphere posted:

How much money are these BBBY suckers actually pumping into this stock?

since going OTC the number of "bought more!" posts in the subreddit has significantly decreased, but before that seeing 5+ figure share counts was not uncommon.

Fate Accomplice
Nov 30, 2006




Boxturret posted:

It really is a religious cult, its just that instead of your soul going to heaven you get a new car, that's....really sad when you think about it.

agreed but MOASS fan fiction NEVER gets old

Fate Accomplice
Nov 30, 2006




zetamind2000 posted:

quote:

Is there anything cuter than a kitty whose parents are siblings? These stray felines live in my back yard where they frolic and gamble in the sun. Some have problems but at least they are all spayed.

the word is "gambol," not gamble. I'm imagining a buncha cats who are very serious about their casino games.

Fate Accomplice
Nov 30, 2006




Pham Nuwen posted:

That's the thing about The Onion, the whole story is told in the headline... Hell, you can usually get the joke from the URL alone.

luckily there is no hell, cause I still think the funniest thing the onion has ever done was a headline with no article: "baby can feel daddy kick"

Fate Accomplice
Nov 30, 2006





every time my credit card transactions confirm in 3-4 seconds I wish they'd take 8-10 minutes instead.

Fate Accomplice
Nov 30, 2006




kw0134 posted:

Don't worry, the LIGHTNING NETWORK™ will solve everything! Coming soon in 2018 2024!

I stopped hearing about the lightning network a couple years back, what happened there

Fate Accomplice
Nov 30, 2006




Impossibly Perfect Sphere posted:

You would have sold them at some point when they got up to like 10K in worth or something, or the exchange would have collapsed, or you would have got phished or hacked, lost the wallet info, etc, etc.

this is the realization every time that shuts down my momentary "buy $1000 worth of penny bitcoins in 2010" fantasy

Fate Accomplice
Nov 30, 2006




https://x.com/ChrisJBakke/status/1727024189549449666?s=20

Fate Accomplice
Nov 30, 2006




I made the mistake of posting a chart in work slack re: something bitcoin related and now a true believer is very curious why I don't think it's viable as a currency

Fate Accomplice
Nov 30, 2006




necrotic posted:

I’m very glad the true believer we had employed briefly left. After DMing me on slack that he lost ~15k worth of eth by giving out his pass phrase and proceeded to ask me how to hack a major US hosting company.

He got put on notice for that one. Yes please try to rope me into a felony on our work slack!


SettingSun posted:

If you're going to engage at all it's more fun to let them dig their own hole by turning the question around and asking them why they think it is.

thankfully I replied with a form of "I am not going to get into a discussion about this," and someone else engaged with them, and they agreed to take it to direct messages.

Fate Accomplice
Nov 30, 2006




Boxturret posted:

Every tether is fully backed by a dollar.

sick dollar bro can I see it

Fate Accomplice
Nov 30, 2006




a nonzero number of coinbase customers are suddenly seeing their entire wallets at 0 balance.

I'm sure it's a temporary glitch but it would be extremely funny if coinbase lost everything somehow.

Fate Accomplice
Nov 30, 2006




Neito posted:

But did they ever figure out what #include means?

not a week goes by where I don't wonder if Atlas

a) ever had any bitcoin
b) held it long enough to make some money

Fate Accomplice
Nov 30, 2006




cruft posted:

Could somebody summarize so I (and presumably others) don't have to click on a dozen twitter links?

mark karpeles crawled so SBF could run (to prison)

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Fate Accomplice
Nov 30, 2006




Strong Sauce posted:

consider you have to invest at least 70k

bitcoin is exceptionally stupid but they do have fractional purchases. if it goes to $1M whatever you put into it today will be 14X+

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