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FMguru posted:because its a matter of settled scientific fact that the first v1.0 version of something is the most perfect and ideal version and all that later versions do is mess things up alan greenspan, satomi hitodashi, the illuminati, crystal skull co., ground-floor magic card users, ati cardusers ltd. et. al. co., et. al. ltd :agree:
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# ? Oct 26, 2014 00:43 |
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# ? Apr 23, 2024 22:43 |
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quote:Desperate personal advice sought after buying at $800 on credit. (self.BitcoinMarkets)
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# ? Oct 26, 2014 01:03 |
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Herman Merman posted:so close in so many ways sever
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# ? Oct 26, 2014 01:06 |
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Herman Merman posted:It was my first bubble though, so I failed to sell in time and just hodled. and he still doesnt understand that the $1200 bitcoin never actually existed, that it was the product of a bunch of mtgox bots trading imaginary coins back and forth and that not one person managed to cash out at that price or any price
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# ? Oct 26, 2014 01:09 |
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if you can't identify the greater fool, it's u I love these stories, though, because they remind me to take profits when my stocks are up instead of holding forever until they come back down again.
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# ? Oct 26, 2014 01:52 |
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these stories remind me not to a be a retarded child whose only motivations are greed, sloth, and wilful ignorance
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# ? Oct 26, 2014 01:58 |
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honked again, desu,et.al.
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# ? Oct 26, 2014 02:14 |
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vOv posted:it looks like you 'lock' coins on chain A by sending them to a special output, and then you can 'create' coins on chain B by proving that you locked them. so nobody holds them, they're completely unusable burner addresses aren't new, but being able to retrieve coins from an address with no one in charge of the private key would be new :tenbux: says it'll point to a private service
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# ? Oct 26, 2014 02:35 |
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Herman Merman posted:so close in so many ways https://www.youtube.com/watch?v=8QuSuKcrAeU
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# ? Oct 26, 2014 02:38 |
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FMguru posted:and he still doesnt understand that the $1200 bitcoin never actually existed, that it was the product of a bunch of mtgox bots trading imaginary coins back and forth and that not one person managed to cash out at that price or any price what are you on about, plenty of people sold on gox for 1200$ oh you mean cash out like get actualmoney in your hands, not numbers on a fictitious ledger on a site that implodes months later
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# ? Oct 26, 2014 02:40 |
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Dr. Honked posted:a retarded child whose only motivations are greed, sloth, and wilful ignorance mods
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# ? Oct 26, 2014 02:58 |
Dr. Honked posted:a retarded child whose only motivations are greed, sloth, and wilful ignorance a rational actor
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# ? Oct 26, 2014 03:01 |
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Dr. Honked posted:these stories remind me not to a be a retarded child whose only motivations are greed, sloth, and wilful ignorance dsyp
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# ? Oct 26, 2014 03:17 |
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# ? Oct 26, 2014 03:49 |
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surebet posted:burner addresses aren't new, but being able to retrieve coins from an address with no one in charge of the private key would be new nah you can still spend the output, it's just that the miners won't let you spend out of it unless you can prove that you 'locked' the coin on the sidechain (the obvious way would be that in order to unlock the coin you have to include an ID of a transaction that locks it on the other chain, idk how it actually works)
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# ? Oct 26, 2014 04:29 |
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Herman Merman posted:so close in so many ways quote:Bitcoin seems in a death spiral from which there is no reprieve. I have no hope left. Of course it won't die, but what... I'll watch it go to $200, then $100, then $50? Every day is just bad news after bad news.
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# ? Oct 26, 2014 05:00 |
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Herman Merman posted:so close in so many ways same
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# ? Oct 26, 2014 05:03 |
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No amount of money is worth your health and your state of mind. No gains you see in Bitcoin with that $5k are going to offset the cost of your medications and trips to your psychiatrist, credit card interest etc... Finally, if you were not so stressed out on this, it sounds like you'd be doing better at your job and maybe even grabbing a few promotions. Your personal productivity and talent can produce gains far in excess of what Bitcoin can give you, if only you find it within yourself to focus on your career. And unlike Bitcoin, those gains are more or less guaranteed. It's not the end of the world bro, pick yourself up and go clean up your life. You can always come back to Bitcoin from a better position and in a more responsible manner. Trust me the odds of you missing out on some crazy moonshot get lower every day, so put down the FOMO and focus on your life for a little bit.
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# ? Oct 26, 2014 05:04 |
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wow... they're acknowledging that bitcoin might be over ask not for whom the butt tolls
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# ? Oct 26, 2014 05:14 |
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indigi posted:wow... they're acknowledging that bitcoin might be over maybe not so much quote:A lot of people in here will tell you to just sell and settle whatever debt you can just so you can start your (very) slow recovery. I think that's pretty piss poor - albeit reddit-approved and safe - advice. If you take that advice, you will essentially be practicing the great tried and true strategy of buy high, sell low. In other words, you'll be doing what any investor worth anything will tell you to NEVER do: trade on emotions and fear.
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# ? Oct 26, 2014 05:17 |
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what caused this sudden realization that bitcoin can't possibly be relevant now.
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# ? Oct 26, 2014 05:18 |
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Dren posted:If most markets and history have shown us anything, it's that what goes down usually goes back up. yeah like pets.com and the hindenburg
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# ? Oct 26, 2014 05:24 |
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Boxturret posted:yeah like pets.com and the hindenburg and Native American culture
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# ? Oct 26, 2014 05:26 |
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Boxturret posted:yeah like pets.com and the hindenburg its why i'm still holding onto my enron stock. can't lose!
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# ? Oct 26, 2014 05:47 |
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Dren posted:maybe not so much literally everything in this second quote is terrible advice yes you don't have much to lose, so keep that 5k at 20-30% on a credit card, moon
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# ? Oct 26, 2014 05:47 |
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another_bitcoin_buisiness_in_trouble.gif
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# ? Oct 26, 2014 05:49 |
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Dren posted:There is a very good chance it will bounce, and after such a long downtrend, it'll probably be sooner than later. it's like when the roulette comes up red five times in a row, it pretty much has to be black next time. it's just statistics.
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# ? Oct 26, 2014 05:54 |
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stoutfish posted:what caused this sudden realization that bitcoin can't possibly be relevant now. we're a week or two away from where the year over year chart for Bitcoin price goes negative.
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# ? Oct 26, 2014 05:57 |
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surebet posted:
im just going to assume here that mcx stands for Magic Card eXchange
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# ? Oct 26, 2014 06:07 |
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InShaneee posted:it's like when the roulette comes up red five times in a row, it pretty much has to be black next time. it's just statistics. what does monty hall have to say about this? The Management fucked around with this message at 06:38 on Oct 26, 2014 |
# ? Oct 26, 2014 06:36 |
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The Management posted:what does montey hall have to say about this? is a man not entitled to his goats? NO says monty hall, who keeps the doors closed
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# ? Oct 26, 2014 06:38 |
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Monty Hall was raised as an Orthodox Jew. Also, he is Canadian. And 93 years old.
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# ? Oct 26, 2014 06:48 |
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http://www.buttcoinfoundation.org/moolahmurder
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# ? Oct 26, 2014 06:51 |
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it's still at least 5 months until april fool's?
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# ? Oct 26, 2014 07:58 |
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surebet posted:
im the 1488
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# ? Oct 26, 2014 08:04 |
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existing wallets and all backups are going to be shredded their vault is literally a filing cabinet
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# ? Oct 26, 2014 08:25 |
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Sign up for Novauri beta and pay no transaction fees on your account. Forever. (Read comments for more) (novauri.com) submitted 6 hours ago by MrMadden Hi, this is Will from Novauri. We're accepting sign ups for our closed beta release, which is on track for March or April of 2015. Our rates will be extremely competitive, and if you sign up now, we'll waive your transaction fees on bitcoin purchases and sales forever. It really bothers us that every major service today that lets you buy and sell bitcoin also wants to control your private keys. It bothers us even more given that these same services have started to freeze assets in the name of "KYC". Of course that's completely ridiculous, as the controls for knowing your customer are supposed to be when you open your account, not as an excuse to keep your money after you've made a deposit. Why should you trust a bitcoin bank that has never had an independent financial audit of both fiat and bitcoin that insures a tiny fraction of total deposits? Especially when so many of them have been hacked? Equally scary is the alternative, using a service that matches you with a local stranger who hopefully is honest and not a violent criminal. Well we think that not having a choice sucks, and this is why we are building Novauri. Our design philosophy is simple: build a bitcoin purchase and sale service that builds on bitcoin’s strengths and keeps users in control of their money. With Novauri your money is fully controlled by you. We don’t pool funds or have access to your private keys. Novauri runs on proven technologies and is designed from the ground up by a team with many decades of experience building high risk financial products. Security like two-factor authentication and secondary passwords are standard. Oh, and there's another thing. Because we don't pretend to be a bank, we don’t have to pay for the expensive security and insurance required to keep shared deposits safe. Our average prices will be lower than competitors because we are designed to be safe and don’t act like a bitcoin bank. We believe the community wants an alternative that respects you enough to let you control your money. Please sign up for our beta to prove the demand is there. Our beta will go live in March or April of 2015. Please show us your support and sign up. We won't spam you with email, and will keep what little information we are asking for safe. Thanks.
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# ? Oct 26, 2014 10:01 |
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"i don't understand how kyc works" "not a bank!" "we'll do free ach transfers without kyc" "not a bank!" "we don't need insurance or security, because we don't touch your butts, being the centralized ach emitter isn't an issue because eww fiat" "not a bank!"
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# ? Oct 26, 2014 10:03 |
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Herman Merman posted:the most recent incarnation is all about two-way pegging which is a lot less fun than it sounds well all the transactions are still going to be barely legal yet consensual rear end to rear end in this incarnation so I don't really see a difference
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# ? Oct 26, 2014 10:07 |
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# ? Apr 23, 2024 22:43 |
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i've yet to see a bitcoiner running around shouting he doesn't consent to n, it's on my bucket list
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# ? Oct 26, 2014 10:47 |