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Chalks posted:Yes, billion of UST will be burned, and LUNA will be diluted significantly. Nevertheless, there are no limit in LUNA supply, this market mechanism will actually work to bring stable UST and stable LUNA price (although likely at lower price point for LUNA). so I haven't paid a ton of attention to crypto in years, but I thought the whole thing with this nonsense was that unlike, say, United States dollars, these things have value because there's a limited supply.
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May 12, 2022 14:33
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Paladinus posted:This is incredible, the first virtual hot dog! that's a glory hole
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May 12, 2022 17:18
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FMguru posted:has swelled to roughly 18,000 people, costing the company $10 billion even if you paid each one of those people $200k (a pure fantasy), that's $3.6b, where the gently caress is the rest of that going
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May 12, 2022 18:22
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Twerk from Home posted:FB mainstream software toucher pay literally is $350k-$400k Had no idea that moral compasses were going for that much these days
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May 12, 2022 18:31
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Alan Smithee posted:wait you can do that who’s gonna stop you, the fed?
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May 12, 2022 23:14
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lmao just remembered the guy who was running an exchange on an Amazon EC2 instance with termination protection turned off, and he went to restart it and *poof* went the exchange along with all the coins. good times, good times
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May 12, 2022 23:16
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Deep Dish Fuckfest posted:i still think about that from time to time. i'm still amazed at the fact that i apparently read more documentation and have a better understanding of AWS than the people running something ostensibly worth multiple millions, and the only thing i've ever actually done in AWS is setup a locked down centos instance i use as a private git repo and an offsite backup for important documents newcomers to crypto missed some absolutely incredible things all lost, like tears in the rain.
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May 12, 2022 23:54
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infernal machines posted:the entire bitcoin market infrastructure was people too young and too stupid to know better, who bought into the stupid SV startup myth and believed they could run a multi-million dollar financial service from their parent's basement. goddamn the lols were so good raising some 40k to redo the bitcointalk forums, that were going to be perfect from day one because needing to test beta software meant you had hosed up bitcoiners trying to mansplain bitcoin to sex workers and getting completely owned the bitcointalk forums getting backdoored and had Cosby poo poo all over the place because they literally allowed anybody to write some of the JS and a goon took up the task.
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May 13, 2022 00:28
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too bad Cosby turned out to be a creep, this poo poo was amazing when it went down
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May 13, 2022 00:36
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kw0134 posted:wasn't there a gif that purported to be converting the site visitor's bitscoin to cosbycoins? i wonder how many of them lost their poo poo. lol yeah, I remember ppl were panicking
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May 13, 2022 00:43
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infernal machines posted:
lmao yeah, they took the forums down, said they fixed it, and poo poo immediately went Cosby as soon as they brought them back up. can't remember the goon's name who did it though.
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May 13, 2022 00:50
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MarcusSA posted:this is a pretty decent video with some speculation on the Luna / Terra attack lol what attack
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May 13, 2022 00:50
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Nostalgia4Butts posted:i remember reading yospos back when asics first became a thing and butterfly labs was sending out just the worst poo poo to buttcoiners even better, they were making them and "testing" them by mining bitcoin and by the time they got to customers they were obsolete.
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May 13, 2022 00:51
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Deep Dish Fuckfest posted:i'm now curious to see when my first post in a butts thread was. poo poo, it might actually have been an actual honest to god decade ago mine was def in the first incarnation, gently caress I've been here nearly 2 decades and I'm only mostly crack ping'd from the ordeal
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May 13, 2022 01:48
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Shumagorath posted:the worst part is how would you even explain Cosbycoin javascript poisoning to a normal person in less than ten loving minutes without sounding like a lunatic I couldn't even explain paying $10 to post on these forums without sounding like a lunatic.
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May 13, 2022 01:52
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PostNouveau posted:So should I buy some Luna? Is Terra attached to one of those exchanges that will just wave their hands and do a billion wash trades and have the price right back up in 3 months? well, people were buying MtGOX bitcoins for pennies on the dollar in the hope that they would eventually be recovered. I mean, none of them got a dime, but maybe you'll buck the trend.
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May 13, 2022 01:54
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sharknado slashfic posted:I haven't posted in a Bitcoin thread in a long time but I'm wondering if anyone knows what #include means lmao, that dunce wanted to audit the bitcoin source code
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May 13, 2022 15:10
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Bluecobra posted:same... whatever happened to that crypto neckbeard who was obsessed with '92 ford explorers and selling used capacitors for butts? logansryche, but making fun of him is pretty poo poo because he was genuinely intellectually challenged, like ward of the state challenged.
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May 13, 2022 15:26
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blugu64 posted:question for the long timers, who was that turbo catholic guy, and what did he do again? this had to be like 2012/2013. lol I remember that guy, he was teaching his kids to use it as well
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May 13, 2022 16:37
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also the dude who was selling silver and loving up the purity of it somehow.
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May 13, 2022 16:39
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Boxturret posted:it was like having a tiny pelet of 99% pure silver and adding it to a bunch of impure islver and acting like it raised the whole thing up to 90 one weird trick, metallurgists hate it!
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May 13, 2022 17:02
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graph posted:
lol when some rando just walked in off the street, grabbed a laptop lying on a table, and walked out on camera
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May 13, 2022 17:11
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Shame Boy posted:average four simultaneous price paid same USD rotation imagine 4 prices at the edge of a cliff
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May 13, 2022 21:09
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Boxturret posted:i still can't believe that you can use multiple slurp juices on a single ape to create more apes, wild obligatory https://twitter.com/JuiceSimpsons/status/1523551892432953345?s=20&t=w2NU269J7xwCgXsdJ6bPFw
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May 14, 2022 05:04
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ah yes, the guy who doesn’t understand that celebrities being paid to shill something don’t necessarily give a gently caress about that thing
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May 15, 2022 14:02
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orange sky posted:This is just.. Everything. All the arguments in one place, easily digestible. lol, this guy’s great 
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May 15, 2022 14:04
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ADINSX posted:I work on fraud detection software and one of our long term goals is attempting to detect fraud in crypto and without joking I asked how we would ever distinguish between the two it’s easy, they’ll call it fraudchain or ponzicoin (that one was real I believe) and then do exactly what was advertised.
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May 16, 2022 00:03
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LanceHunter posted:Guys, I think you've bee missing something really important. The Lightning Network means bitcoin can now process 40 million transactions per second*! Bitcoin circular economy is a bit on the nose, no?
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May 16, 2022 16:01
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Never forget that the feds staged an argument between a couple of people to distract Ross and an agent swiped his laptop when he left it unlocked while going to see what was going on.
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May 16, 2022 16:27
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https://twitter.com/Anthony/status/1526228511018598401?s=20&t=ATeVLB2SDx5JxkEpZDV8JQ
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May 16, 2022 17:11
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Boxturret posted:it was really MARK KARPELES the moment Ross was guilty beyond a shadow of a doubt in the minds of the jury
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May 16, 2022 18:35
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Weatherman posted:welp im outta marks no such thing in crypto
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May 16, 2022 21:20
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CommieGIR posted:Don't forget that future lucrative ape casino. Second Life was ahead of its time
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May 17, 2022 15:16
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Shageletic posted:lol I never did get that 1500 dollars in tether out hodl fool, don't be a weak handed bitch
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May 17, 2022 18:06
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~in the aaaaaarms of an angel~
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May 17, 2022 22:57
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CommieGIR posted:......"I knew it was a ponzi scheme, but totally ignored the part where nearly every Ponzi scheme only benefits the schemer." we knew it was a ponzi and were 100% ok with others getting hosed
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May 18, 2022 14:28
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goddamn I forgot just how fast they were speedrunning 100+ years of economic theory
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May 18, 2022 14:34
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broken clock, worst person you know, etc
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May 18, 2022 15:43
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Shame Boy posted:i wanted to see if he had a favorite coin he endorsed instead (since that seems like something he'd do) and instead found this, where he seems to have created his own buttcoin I appreciate that he got the robo-Zuck look right
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May 18, 2022 16:30
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| # ¿ May 16, 2024 04:56 |
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"dollar cost average" I mumble as my wife walks out the door forever.
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May 18, 2022 17:40
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