it's buttcoin.gov now

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > it's buttcoin.gov now

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surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

jesus loving christ

# ? Aug 18, 2014 12:47

Adbot: ADBOT LOVES YOU

# ? Apr 27, 2024 21:13

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

yup someone is getting the gently caress out, all the exchanges are flash crashing

itshappening.gif

# ? Aug 18, 2014 12:48

Greyhawk: May 30, 2001

surebet posted:

jesus loving christ

don't worry, it's already back up to 430

# ? Aug 18, 2014 12:48

TVarmy: Sep 11, 2011; like food and water, my posting has no intrinsic value

I'm the 25% dead cat bounce.

# ? Aug 18, 2014 12:52

Synthbuttrange: May 6, 2007

Nutted, but the laffs keep coming!

# ? Aug 18, 2014 12:53

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

Greyhawk posted:

don't worry, it's already back up to 430

if the price is taking a poo poo, at least the transaction volume is going moonwards

# ? Aug 18, 2014 12:53

EIDE Van Hagar: Dec 8, 2000; Beep Boop

Robawesome posted:

From the grey thread - logansryche's wife

i know this is old but holy poo poo i can't believe this is a real person.

# ? Aug 18, 2014 12:59

Trimson Grondag 3: Jul 1, 2007; Clapping Larry

kwinkles posted:

i know this is old but holy poo poo i can't believe this is a real person.

they make me sad because thats just straight up untreated mental illness, not bitcoin captain of industry fuckery.

# ? Aug 18, 2014 13:01

anthonypants: May 6, 2007; by Nyc_Tattoo; Dinosaur Gum

surebet posted:

looooooooooooooooooooool

# ? Aug 18, 2014 13:02

EIDE Van Hagar: Dec 8, 2000; Beep Boop

Trimson Grondag 3 posted:

they make me sad because thats just straight up untreated mental illness, not bitcoin captain of industry fuckery.

given that she's complaining about missing appointments it sounds like it's getting some treatment but obviously not enough

also she's apparently 22 and looks 52 so that's gotta be due to some weird health problems i don't understand

and she's apparently borderline illiterate, judging by the writing on the kickstarter

and that doesn't even cover logansryche himself

:psyduck:

# ? Aug 18, 2014 13:11

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

"bitcoin is on sale" round 2 starting now

# ? Aug 18, 2014 13:22

jre: Sep 2, 2011; To the cloud ?

surebet posted:

"bitcoin is on sale" round 2 starting now

$40 spread between btce and bit stamp :allears:

edit: Crashing like mad right now :stare:

, did anyone else hear rumours of coinbase having problems fufilling orders ?

jre fucked around with this message at 13:53 on Aug 18, 2014

# ? Aug 18, 2014 13:48

RubberJohnny: Apr 22, 2008

[�]chrisidoneBullish [score hidden] 6 minutes ago
I should have never invested all that money these past 9 months... Was it worth the risk? It feels like I've done a complete failure... I forget what the price is anymore... I wake up each morning, check the price and laugh at myself literally. Dam it hurts...

What is worse is knowing that I believe in bitcoin and the viability it can provide one day. Yet it seems like adoption will never catch on.

# ? Aug 18, 2014 13:53

Greyhawk: May 30, 2001

jre posted:

$40 spread between btce and bit stamp

edit: Crashing like mad right now , did anyone else hear rumours of coinbase having problems fufilling orders ?

you could say so

# ? Aug 18, 2014 14:04

jre: Sep 2, 2011; To the cloud ?

Greyhawk posted:

you could say so

Lol, I didn't realize that image was coinbase. How are bitpay still in business if their business model is based on up Up UP!? It can't all be burning VC money.

# ? Aug 18, 2014 14:08

big scary monsters: Sep 2, 2011; -~Ｓｋｕｌｌｗａｖｅ~-

man i'm glad that bitcoin didn't take off ten or fifteen years earlier. i feel like teenaged me was dumb enough that i might have been taken in by it and i was already a smug little shithead back then, i'd hate to have become a libertarian as well

# ? Aug 18, 2014 14:09

RubberJohnny: Apr 22, 2008

[�]Bit_By_BitLong-term Holder [score hidden] an hour ago
It really is like watching your infant slowly die of cancer over the last 10 months - hopefully the death comes quick and painlessly so that I don't have to sink any more of my heart into it

Note: My "financial" skin in the game is negligible - I'm in this game to see the shift from the rotten legacy system to a more fair and transparent digital economy. The punishment of BTC hurts me, as I know that we have failed as a race to desire improvement of our collective circumstances

# ? Aug 18, 2014 14:38

TVarmy: Sep 11, 2011; like food and water, my posting has no intrinsic value

http://youtu.be/o4K-SPnZJOU

some chart watching music

# ? Aug 18, 2014 14:44

MORE CURLY FRIES: Apr 8, 2004

RubberJohnny posted:

[�]Bit_By_BitLong-term Holder [score hidden] an hour ago
It really is like watching your infant slowly die of cancer over the last 10 months - hopefully the death comes quick and painlessly so that I don't have to sink any more of my heart into it

Note: My "financial" skin in the game is negligible - I'm in this game to see the shift from the rotten legacy system to a more fair and transparent digital economy. The punishment of BTC hurts me, as I know that we have failed as a race to desire improvement of our collective circumstances

erm

# ? Aug 18, 2014 14:46

The Management: Jan 2, 2010; sup, bitch?

RubberJohnny posted:

[�]Bit_By_BitLong-term Holder [score hidden] an hour ago
It really is like watching your infant slowly die of cancer over the last 10 months - hopefully the death comes quick and painlessly so that I don't have to sink any more of my heart into it

I want to stab this person in the face

# ? Aug 18, 2014 14:59

neutral milf hotel: Oct 9, 2001; by Fluffdaddy

RubberJohnny posted:

[�]Bit_By_BitLong-term Holder [score hidden] an hour ago
It really is like watching your infant slowly die of cancer over the last 10 months - hopefully the death comes quick and painlessly so that I don't have to sink any more of my heart into it

Note: My "financial" skin in the game is negligible - I'm in this game to see the shift from the rotten legacy system to a more fair and transparent digital economy. The punishment of BTC hurts me, as I know that we have failed as a race to desire improvement of our collective circumstances

that's some dark poetry right there

# ? Aug 18, 2014 14:59

Dex: May 26, 2006; Quintuple x!!!

Would not escrow again.

VERY MISLEADING!

RubberJohnny posted:

[�]Bit_By_BitLong-term Holder [score hidden] an hour ago
It really is like watching your infant slowly die of cancer over the last 10 months - hopefully the death comes quick and painlessly so that I don't have to sink any more of my heart into it

Note: My "financial" skin in the game is negligible - I'm in this game to see the shift from the rotten legacy system to a more fair and transparent digital economy. The punishment of BTC hurts me, as I know that we have failed as a race to desire improvement of our collective circumstances

i thought that name was familiar

Robawesome posted:

[�]Bit_By_BitLong-term Holder 6 points an hour ago*

Every time bitcoin crashes, all I get is phone calls telling me "What's happening with Bitcoin?!?!". I am put down by my peers constantly, and it affects my mental health - especially since I spend 20-30 hours per week writing, speaking and evangelising bitcoin.

Seriously, something has to give. This thing either needs to be killed and go to zero - or - it has to succeed for the people like myself who have been "buying-the-dips" for the past 10 months, only to still be in the red after all this time. You think you've done well by buying a $700-dip from $1000, then it goes to $600. You think you've done well by buying a $600 dip from $700, then it goes to $450. You think you've done well by buying the dip at $450, then it goes to $330. At this current moment in time, bitcoin is 100% a Ponzi Scheme - with "early adopters" slowly bleeding new hopefuls of all of their money. I still believe in the idea of bitcoin as a tool to save humanity, and how desperately we as a human race need something like bitcoin to succeed and save us from rotten legacy systems, but this is just straight-up Ponzi territory now.

Where's the thanks for our shows of support? Is there really no big money out there that believes in this humanity-transforming technology? We spend a lot of our time (i.e. money), energy (i.e. money), and physical money supporting this bullshit, and all we get is red.

Condescending/patronizing "lucky-ones" who were in the right place/time a few years ago, please spare me your bullshit - you cannot empathize with the majority of people who joined this ecosystem in 2014 hoping to make a positive difference to the world.

[�]Bit_By_BitLong-term Holder [score hidden] 32 minutes ago

You're right about the social circle - that is the most painful and humiliating part.

With regards to "focus on other things" - I have a 7am-5pm job that earns me money which basically goes into Bitcoin and pays bills. To become a valuable member of this ecosystem if it ever moves on from being a Ponzi Scheme benefiting early adopters and criminals/frauds who hold BTC in the millions, I need to make a name for myself by writing, researching, preaching, spending thousands of dollars on flights and accommodation to attend and speak at conferences - else - when the time comes - I won't even get an interview at a start-up due to the intense competition with ex-Google and ex-McKinsey types who are in it for a get-rich-quick share of equity.

Its not easy, its not easy at all.

# ? Aug 18, 2014 15:00

Sweevo: Nov 8, 2007; i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

quote:

I spend 20-30 hours per week writing, speaking and evangelising bitcoin.

literally a cult

# ? Aug 18, 2014 15:18

big scary monsters: Sep 2, 2011; -~Ｓｋｕｌｌｗａｖｅ~-

Dex posted:

With regards to "focus on other things" - I have a 7am-5pm job that earns me money which basically goes into Bitcoin and pays bills. To become a valuable member of this ecosystem if it ever moves on from being a Ponzi Scheme benefiting early adopters and criminals/frauds who hold BTC in the millions, I need to make a name for myself by writing, researching, preaching, spending thousands of dollars on flights and accommodation to attend and speak at conferences - else - when the time comes - I won't even get an interview at a start-up due to the intense competition with ex-Google and ex-McKinsey types who are in it for a get-rich-quick share of equity.

just lol at this mindset. even in the vanishingly unlikely scenario where bitcoin became the world currency it'd still be better to have an actual useful skillset which will get you a job where people pay you to work, but with bitcoin, rather than having made a name for yourself as a weirdo who's really intense about money for some reason

# ? Aug 18, 2014 15:24

Dren: Jan 5, 2001; Pillbug

Pump & Dump is "no longer" an acceptable term in crypto currency
submitted by GordanCrypto

Greetings Yung Astronauts!

snipped a bunch of total bullshit

Talk at cha'

Gordan
@GordanCrypto

# ? Aug 18, 2014 15:27

goddamnedtwisto: Dec 31, 2004; If you ask me about the mole people in the London Underground, I WILL be forced to kill you; Fun Shoe

TVarmy posted:

http://youtu.be/o4K-SPnZJOU

some chart watching music

https://www.youtube.com/watch?v=u9VMfdG873E

this is better

# ? Aug 18, 2014 15:29

haveblue: Aug 15, 2005; Toilet Rascal

Dren posted:

Pump & Dump is "no longer" an acceptable term in crypto currency
submitted by GordanCrypto

Greetings Yung Astronauts!

snipped a bunch of total bullshit

Talk at cha'

Gordan
@GordanCrypto

from skimming this it looks like his point is that when someone artificially increases the value of bitcoin and then it drops back down while he makes a profit and everyone else gets screwed we should not use the phrase "pump and dump" to describe this because it's mean and makes bitcoin look broken and easily manipulable or something

# ? Aug 18, 2014 15:29

Dren: Jan 5, 2001; Pillbug

haveblue posted:

from skimming this it looks like his point is that when someone artificially increases the value of bitcoin and then it drops back down while he makes a profit and everyone else gets screwed we should not use the phrase "pump and dump" to describe this because it's mean and makes bitcoin look broken and easily manipulable or something

i kind of checked out after he put "no longer" in quotes and "Greetings Yung Astronauts!"

but I checked the end for a weird signature and sure enough there it was

# ? Aug 18, 2014 15:34

Greyhawk: May 30, 2001

it may be time to roll out the suicide hotline number

quote:

Please, don't do anything drastic! (self.Bitcoin)
submitted an hour ago * by SerTomTheTall

Please remember that Bitcoin is still a wild ride, regardless of how smooth the terrain can get. The price may indeed rise again! Remember that Bitcoin is, by design and nature, a long-term investment, and any short-term investment strategy has the potential of failing completely.

Do not bank on Bitcoin if you can not afford to ride the waves...high or low!

Be safe, be secure, and most importantly, be free.

-------------

-------------

BitcoinHub
‏@BitcoinHubApp
As the #Bitcoin price drops, it's important to remember that Bitcoin is more than just price... #blockchain

-------------

My net worth right now

-------------

Soooo, what happened to the value of Bitcoin? (self.Bitcoin)
submitted 3 hours ago by restarter

Does any one have any idea why the value of Bitcoin has suddenly crashed by nearly a third?

-------------

How far is the price going to drop before it bounces back? (self.Bitcoin)
submitted 4 hours ago by KellyMPD

How far is the price going to slide here, before it bounces back? (I'm assuming if you're on this reddit you do assume its going to rise longer term!)

I'm going to buy more Bitcoins and I'm going to do it as soon as the bank wire I sent on friday clears. I'm not going to try and buy in at whatever I think it might slide to, I'm just going to do it immediately.

So I'm more curious than anything else, how low does it go here?

# ? Aug 18, 2014 16:07

LethalGeek: Nov 4, 2009

http://www.cryptocoinsnews.com/news/bitcoin-price-record-low-best-time-buy-bitcoins/2014/08/18

Bitcoin Price is Record Low: The Best Time to Buy Bitcoins?

In the last week we have witnessed sell orders of more than 1000 bitcoins at a time pushing the Bitcoin price downwards. The Bitcoin price has fallen from a stable 590 USD per Bitcoin (August 10th) to now 450 USD per Bitcoin. There have been no recent negative news or happenings that could explain the big sell offs, and one might start to wonder. I�ve recently written a few theories of why the Bitcoin price has crumbled while Venzen wrote about BitFinex� �shorting� function. The Bitcoin price has still been falling today with more than 50 USD per Bitcoin. Is this Tim Draper getting cold feet or some inside information circulating?

# ? Aug 18, 2014 16:09

Nenonen: Oct 22, 2009; Mulla on aina kolkyt donaa taskussa

TVarmy posted:

http://youtu.be/o4K-SPnZJOU

some chart watching music

I prefer
http://youtu.be/LcB0LNrMFW4

# ? Aug 18, 2014 16:19

Dixie Cretin Seaman: Jan 22, 2008; all hat and one catte; Hot Rope Guy

LethalGeek posted:

Bitcoin Price is Record Low:

yes there is no record of bitcoin being worth less than it is today. btc emerged from satoshi's immaculate crypto-womb valued at $500

# ? Aug 18, 2014 16:20

sharknado slashfic: Jun 24, 2011

Dren posted:

Greetings Yung Astronauts!

Rotor, please

# ? Aug 18, 2014 16:22

Dixie Cretin Seaman: Jan 22, 2008; all hat and one catte; Hot Rope Guy

RubberJohnny posted:

[�]Bit_By_BitLong-term Holder

With regards to "focus on other things" - I have a 7am-5pm job that earns me money which basically goes into Bitcoin and pays bills.
...
Note: My "financial" skin in the game is negligible

# ? Aug 18, 2014 16:26

LethalGeek: Nov 4, 2009

397 looks REALLY cheap right now. (self.Bitcoin)

submitted 8 minutes ago by JPMorgan_banker

Is it just me?
A lot of us are saying we're due for the next surge. The log chart is convincing.
Some say we're crazy to think that, and that we're only at $500 because of this unfounded speculation.
Thoughts?

sciencelovesyou 1 point 5 minutes ago

> The log chart is convincing.

You may as well have said the tea leaves gave you a positive impression.

Yesterday $500 was looking really cheap. I bet the log charts certainly didn't see that cheap coin as a $100+ dollar loss today.

A bitcoiner speaking sense :wth:

# ? Aug 18, 2014 16:30

My PIN is 4826: Aug 30, 2003

LethalGeek posted:

JPMorgan_banker

that username has to be the most transparent attempt at drumming up excitement that i've ever seen

# ? Aug 18, 2014 16:34

blugu64: Jul 17, 2006; Do you realize that fluoridation is the most monstrously conceived and dangerous communist plot we have ever had to face?

Greyhawk posted:

The price may indeed rise again!

# ? Aug 18, 2014 16:37

Antlerhill: Nov 6, 2012; Smellrose

everyone get ready for the next laff bubble, it's coming

Dex posted:

To become a valuable member of this ecosystem if it ever moves on from being a Ponzi Scheme...

# ? Aug 18, 2014 16:38

duTrieux.: Oct 9, 2003

Robawesome posted:

I tried to convince my boss to accept Bitcoin and it failed. Here is why.. (self.Bitcoin)

submitted 15 minutes ago by JeromeWhatElse

Hello, I work for a language school and we have students from all over the world. When I saw how much money banks were taxing us + the student for international transfer, I decided to explain my boss that bitcoin could solve this problem. I am nowhere near to be a bitcoin expert, I just bought a few two year ago. Basically, I ve made a bitpay account and managed to create a product. I wanted to demonstrate how easy it was so I created a product of 1� and paid for it with my personal wallet..

My problems are: I sent 1� and paid 1,04�. So 4% gone. The transaction took longer than 15 minutes to get confirmed. I had to send mail to bitpay support to ask for a refund and I got refunded 0.97�.

Our language courses can be up to 1000� so I don't know what to do anymore after this epic fail...

TL;DR: tried to show the power of bitcoin to CEO. Paid with my bitcoin and nothing went as expected. What do?

i love these stories because it's clear that the evangelist has never actually gone through or practiced their "let me show you" pitch so they just parrot the talking points and then when it's time to actually prove their poo poo it all falls apart and they're surprised because they've never actually had to do real transactions before

# ? Aug 18, 2014 16:44

Adbot: ADBOT LOVES YOU

# ? Apr 27, 2024 21:13

duTrieux.: Oct 9, 2003

i hope they keep trying because it's a useful way for businesses to learn that bitcoin is absolutely retarded

# ? Aug 18, 2014 16:45

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > it's buttcoin.gov now

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