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Serious_Cyclone posted:Oh god I googled it and it exists Is it like term life insurance with a term of a week or something? You don't need a very long timeline for the risk of losing all your apes to approach 100%.
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May 17, 2022 20:17
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Dabir posted:Yeah as I understand it they'd just have to wait for one block to complete, then the software would see it's taking unusually long and make it easier. The one thing you can trust bitcoin to do is the part where it adjusts to keep the block rate fairly constant. Although I don't know if a big drop in total network power has ever been tested. For Bitcoin the difficulty is adjusted every 2016 blocks, which is supposed to be about 2 weeks, so it's not quite as simple as suffering through one slow block. In fact, a large number of miners all shut down with only one block left before the difficulty adjustment, it wouldn't adjust downward enough because of the 2015 blocks that were processed at the regular rate.
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Jun 16, 2022 21:18
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Rotten Red Rod posted:I don't know which term is the right one, I just mean his exclusive rights to market his ape. He has a non-exclusive license to create derivative content with his ape. Well, the original person who bought the token does, at least. It's unclear if or how that right would transfer on the secondary market.
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Jul 8, 2022 18:50
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Astrochicken posted:You will own crypto and you will be happy. https://twitter.com/FinancialProTip/status/1486248150906150912?s=20&t=iQ83vBx7Cz9YhYTgog2tbA
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Jul 25, 2022 21:04
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Gutcruncher posted:People saying that, are they talking purely in number of transactions, or percent? Cuz the former I could kinda see being true, but the latter? Hahahahahhahahah There have to be way more than 7 illicit USD transactions per second, it would be impossible for Bitcoin to compete.
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Aug 1, 2022 21:20
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"Masks are encouraged but not required" is a phrasing that really upsets me, because it ends up encouraging people to not wear a mask if they don't want to. If you want to encourage but not require masks, the way to do it is to say "please wear a mask".
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Aug 2, 2022 13:55
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inputfailed posted:A Fire Upon the Deep except the skrode riders are slow because they have a mining trojan. The Children of the Sky but I remember anything about it enough to make a Bitcoin joke.
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Aug 10, 2022 02:33
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Collateral Damage posted:Wasn't Ethereum created specifically because people were unhappy with the high cost of bitcoin mining equipment? So it's designed to require more memory bandwidth than ASICs are capable of, while graphic cards are ideal for it. No, Ethereum was created specifically because Vitalik's World of Warcraft character was nerfed.
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Aug 14, 2022 17:56
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Darth TNT posted:So reading all the pos talk, doesn’t that mean that it discourages trade completely? Because every time anyone sells or moves anything, their Cryptocurrencies are deflationary by design; discouraging trade completely is a feature, not a bug.
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Aug 14, 2022 22:06
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ymgve posted:Are there any die hard miners that have forked eth and are still mining? There's still the people who never forked eth and are still mining the chain where the DAO hack wasn't reversed, does that count?
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Sep 15, 2022 15:51
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frodnonnag posted:The big problem with thinking this is assuming you'd be able to navigate the literal minefield of exchanges to cash out, or assuming you'd be able to sell at the right time, or assuming you'd be able to keep the passwords and poo poo in line and not end up with a hard drive in a landfill. There's also the risk that you might have become a true believer.
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Oct 24, 2022 19:14
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Rotten Red Rod posted:Lol this rules so hard Of all the people who could possibly honor an NFT roadmap instead of rugging, why would Donald Trump be the first?
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Dec 15, 2022 20:58
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evilweasel posted:this is actually not a good argument But one of the ways that the numbers are manipulated is that the markets on which you can act on the numbers are run by bad actors who will wipe you out before you can profit from the predicable moves.
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Jan 8, 2023 04:30
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Spazzle posted:The early social media sites (Friendster, MySpace) were so popular they became unusable at peak hours. Bitcoin is so popular it's unusable at all hours.
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Feb 26, 2023 03:38
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Methylethylaldehyde posted:The better question would be: "Would I have made more money by doing exactly the opposite of what he suggested?" At some point the advise is so bad that shorting anything he endorses would make you more cash. You can do that. https://www.thestreet.com/etffocus/blog/inverse-cramer-etf-is-live
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Mar 17, 2023 20:52
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Illuminti posted:This is amazing. Wasn't SVB asking for money because their assets weren't increasing in value more than inflation what caused Peter Thiel to learn that banks don't hold every single dollar in liquid assets and tell all his friends to run the bank?
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Mar 27, 2023 01:55
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VitalSigns posted:Do you actually have to find shares to close out a short position if the shares go to zero When I looked it up the other day the answer seems to that you make 100% profit, but you may want to close out the position early because your broker might continue to charge you fees for borrowing the shares.
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May 4, 2023 16:46
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feedmegin posted:
Hell, they know a thing or two about programming in the 1870s.
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Jun 2, 2023 13:11
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WithoutTheFezOn posted:I realize the subject we're talking about here, but how exactly do you calculate the value of a unique item that no one has ever bought? Are there standing offers that the owner never accepts? The unique item is part of a collection, and there's always some items from the collection listed for sale. The way that people cite the price of the lowest listing as the floor price to buy into the collection indicates that the unique items are actually to a large degree fungible.
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Jul 6, 2023 02:32
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LiterallyATomato posted:An employee in my department is a douchebag we all hate. His Teams profile picture is the Bitcoin symbol. I also heard him trying to convince another employee that investing in Bitcoin is a "five-year-plan." That's the beautiful thing about crypto; he's already lost all his savings with or without a crash.
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Jul 22, 2023 00:19
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cruft posted:I have a technical question about NFTs. You're thinking of "mutable". And for all I know, NFTs might be immutable, you may "slurp" your monkey by sending it to a black hole address and the monkey it "turns in to" is an entirely new NFT (assuming there's not some way to use multiple slurp juices on a single ape, but that seems ridiculous). Fungible means "mutually interchangeable". If we play Liar's Poker and you win a dollar from me and I win a dollar from you, we're both exactly where we started even though the dollars we now have have different serial numbers than the ones we started with. The dollars are fungible. Monkeys are non-fungible because the tokens contain different URLs that point to different monkeys and this matters to someone in some way.
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Dec 17, 2023 17:46
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El Spamo posted:It's actually a bi-monthly curated box of snacks The bimonthly that means twice a month or every other month?
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Feb 2, 2024 18:46
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LifeSunDeath posted: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. This is a minor plot point in Charles Stross' Accelerando that I have not ever really stopped thinking about since I read it.
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Feb 22, 2024 18:00
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cruft posted:Slow news days recently, OP. Hell, crypto news is so slow that Molly White's newsletter today was about AI. As thoughtful and well stated as usual. More interesting to read about than emacs.
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Apr 17, 2024 17:55
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Time_pants posted:It's actually fuckin crazy what a terrible idea this is and how literally nobody cares. The SEC tried to care but a judge ordered them not to.
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Apr 19, 2024 17:16
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Splicer posted:I missed this. Go on? https://www.reuters.com/legal/us-court-says-sec-wrong-deny-grayscales-spot-bitcoin-etf-proposal-2023-08-29/ Then a few months later the SEC approved Bitcoin spot ETFs but Gary Gensler made it pretty clear in the accompanying statement that he still thinks nobody should be buying these things. https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 posted:Though we’re merit neutral, I’d note that the underlying assets in the metals ETPs have consumer and industrial uses, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.
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Apr 19, 2024 18:53
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