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Owlofcreamcheese posted:now it's just a cold numbness
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Nov 1, 2014 17:33
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| # ? Apr 23, 2024 16:19 |
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buttcoin: I'm living in the streets now
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Nov 1, 2014 17:43
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living on the streets in winter, excellent idea. looks like someone is about to learn the meaning of frozen assets.
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Nov 1, 2014 17:57
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letitgocoin to get those children and tumblrinas on board
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Nov 1, 2014 18:01
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seriously guys you can't judge bitcoin until the new coins added start to diminish get back to me in 2140 THEN we can properly discuss bitcoin
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Nov 1, 2014 18:20
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seemingly sane adults in my Twitter feed are posting about "the blockchain" recently. all of them are finance / analyst types that don't know anything about computers but think they understand the technology industry. I kind of want to know where these idiots are getting their blockchain "facts"
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Nov 1, 2014 18:31
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The Management posted:seemingly sane adults in my Twitter feed are posting about "the blockchain" recently. all of them are finance / analyst types that don't know anything about computers but think they understand the technology industry. I kind of want to know where these idiots are getting their blockchain "facts" 
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Nov 1, 2014 18:54
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The Management posted:seemingly sane adults in my Twitter feed are posting about "the blockchain" recently. all of them are finance / analyst types that don't know anything about computers but think they understand the technology industry. I kind of want to know where these idiots are getting their blockchain "facts" https://www.buttcoin.gov
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Nov 1, 2014 19:13
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someone convinced them that it has a technological value and will revolutionize something, somehow. of course they can't explain it.
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Nov 1, 2014 19:20
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 vvvvv yup TVarmy fucked around with this message at 19:33 on Nov 1, 2014 |
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Nov 1, 2014 19:25
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is that Bumberlumps?
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Nov 1, 2014 19:30
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The Management posted:living on the streets in winter, excellent idea. looks like someone is about to learn the meaning of frozen assets. dude's just putting himself in cold storage, nbd
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Nov 1, 2014 19:30
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lol at "think of [your bitcoin] as a 5 year CD and only look at it a few times a year" cuz you don't actually have to look at CDs
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Nov 1, 2014 19:38
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The Management posted:someone convinced them that it has a technological value and will revolutionize something, somehow. of course they can't explain it. it is a weird phenomenon that normal people hear about buttcoins and assume from the volume of discussion about it, news articles etc. that it has some degree of credibility because after all, all those smart computer nerds wouldn't be talking about it the way they do if it was stupid poo poo for idiots and it is true that when there is a big buzz about some technology or other, usually it is the case that while it might be largely hype, there will be some genuinely worthwhile idea at the core of it. it is true that you don't usually see large parts of the tech world get excited about something unless there is at least something there to get excited about. (i fully expect someone to contradict me here) but in the case of bitcoins, what's there once you scrape off the hype is a proof of concept, not a finished thing, and it's utterly laughable when evaluated as something that might be used in the real world. but it is peculiarly well suited to appeal to the biases of dumb computer geeks (high tech, uses cryptography, RON PAUL) such that lots of them shout about it even though it's poo poo. and people who don't understand tech see that and think "well gosh this must be the new up and coming thing that will change our lives forever, like the internet and iphones, if all these nerds think it's good" and ordinarily that heuristic would probably not lead them too far wrong. but...
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Nov 1, 2014 19:46
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https://www.reddit.com/r/BitcoinMarkets/comments/2ky9l4/daily_discussion_saturday_november_01_2014/clpzfu8 [–]5817707 6 points 3 hours ago* OKay here it is. I'm living in the streets now... not thanks to Bitcoin but thanks to myself and my hopefuly beliefs about Bitcoin finally taking us out of slavery from money manipulators thousands of miles away taking a % of every transaction worldwide. I've always said I don't care if my coin goes to 0 if I help to change the world by adopting it it is worth it. I've never lived in the streets before. I could sell my bitcoins now at a loss and get a car or apartment for the short term and be okay. But I'm going homeless. Why? I believe more in changing the world than my greed for profit. Not only am I not selling at a loss, I'm going to continue to be homeless in order to keep them. I'm going to do EVERYTHING in my power to ensure that Wells Fargo does not see a dime from me ever again any time I can help it. That means not spending my BTC until people accept and hold BTC (not trade it directly for fiat)... So I'm in long term, I don't care if it goes to $1 I"m going to keep buying if I get winter work, going to put every last spare penny into it still. When I go back to my regular job in the Summer... going to keep buying. The only thing that we need to do is remember that bitcoin can never go away anymore. it will always be worth "something". Sidechains are going to make it more useful. And the dollar is by laws of mathematics going to inflate FAR faster than bitcoin. It doesn't look like it because when two trillion dollars are manufactuerd its a drop in the bucket but when 1000 bitcoins are sold its a huge percent. As BTC growth slows down though it will become more obvious that worldwide the BTC will retain more value than dollar day by day. Holding long term is the only right way to go. We're close to 0 already so if it DOES go forever away then well I can't get mch worse off than I am now. I'm learning to live in the streets so I can hold this long term. I can't explain it all right now but seriously stop worrying. Think of it as LONG TERM. You only lose if you sell at a loss so pretend you put that in a 5 year CD instead and don't look at it's value daily, look at it a few times a year. (edit: if another coin looks way more promising than bitcoin then I'm also diversifying my crypto investments but right now I'm 80% BTC. Just FYI I really like the direction of MAID and others that will liberate content from adertisers, trackers, and governments)
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Nov 1, 2014 19:53
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lol this thread https://github.com/tip4commit/tip4commit/issues/127
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Nov 1, 2014 19:54
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hn thread on it https://news.ycombinator.com/item?id=8542969
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Nov 1, 2014 19:55
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FCKGW posted:lol this thread pro
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Nov 1, 2014 20:03
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FCKGW posted:lol this thread jesus christ "but there's a disclaimer!" "well, according to wikipedia..."
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Nov 1, 2014 20:10
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quote:I should clarify my comment above. I'll be composing an email to our lawyers (MediaCrush) if the response from the maintainers of this project is anything but "I'm sorry, we've removed your repository, it won't happen again". What you're doing is engaging in fraud, pretending to represent us and asking people for money, and then spamming contributors and tricking people into thinking that we support this cause.
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Nov 1, 2014 20:11
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quote:Unfortunately, the economics of this undermine that: being informed that I have earned a fraction of a US cent (not even a fraction of a dollar) for several hours' work is not actually encouraging, nor does it make me feel that my time or work are being valued. quote:@evildmp , thanks for your feedback, but as said above, we do NOT notify users on fractions of a US cent (or even US dollar). This was solved over a month ago. Min notification threshold is set to 0.005 btc, that is $1.75 at current rate, we might increase it if bitcoin continues to fall. Please accept apologies if you received such an email from us in the past.
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Nov 1, 2014 20:14
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The Management posted:living on the streets in winter, excellent idea. looks like someone is about to learn the meaning of frozen assets.
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Nov 1, 2014 20:24
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@csvan similar to the open source concept in general which allows for permission-less innovation, I see permission-less project funding as a central part of the Tip4Commit service. Making it "opt-in only" removes this. Why shouldn't a subsection of a project's contributors be able to use the service just because the maintainer doesn't like it?
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Nov 1, 2014 20:28
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in both threads people will bullet out the specific legal and ethical problems and the rebuttals are almost always a variant of "nuh-uh"
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Nov 1, 2014 20:33
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Tiny Bug Child posted:@csvan similar to the open source concept in general which allows for permission-less innovation, I see permission-less project funding as a central part of the Tip4Commit service. Making it "opt-in only" removes this. Why shouldn't a subsection of a project's contributors be able to use the service just because the maintainer doesn't like it? free as in gently caress you dad don't tell me what to do.
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Nov 1, 2014 20:57
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Don't you loving dare to take away my ability to throw pennies at people online.
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Nov 1, 2014 21:30
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Owlofcreamcheese posted:[–]5817707 [score hidden] 52 minutes ago* an otherwise reasonably intelligent person i went to college had this obsession with not having a bank account for a while he was cashing out his checks at payday loan places, but when it was pointed out that they were basically a) bank financed, and b) loving more predatory, he started only opting for places that pay cash he's probably dead now
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Nov 2, 2014 00:20
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surebet posted:an otherwise reasonably intelligent person i went to college had this obsession with not having a bank account
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Nov 2, 2014 00:22
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From the tip4commit faq:quote:How can I remove my project from tip4commit? Lol. -I don't want people to tip me. -Stop limiting the economic activities of other people!
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Nov 2, 2014 00:59
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trucutru posted:From the tip4commit faq: if you want tipcommit disabled for your project then youre basically hitler
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Nov 2, 2014 00:59
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surebet posted:he's probably dead now good
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Nov 2, 2014 01:53
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I really want people to throw copper shavings in this guy's face at random moments throughout his life.
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Nov 2, 2014 01:55
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ArchWizard posted:did this obsession extend to not having a credit union account? of course and like the homeless bitcoiner, i don't think banks make all that much on the activities of a minimum wage idiot maybe working part time both of them don't seem to realised that even if your money doesn't touch a bank account on the way in, if you spend it, it goes back into the bank account of saner people, so
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Nov 2, 2014 02:00
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RZA Encryption posted:I really want people to throw copper shavings in this guy's face at random moments throughout his life. you'll need to make sure the grit is big enough otherwise you're inviting a drawn out conversation about the blockchain's inability to convey dust
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Nov 2, 2014 02:03
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duTrieux. posted:in both threads people will bullet out the specific legal and ethical problems and the rebuttals are almost always a variant of "nuh-uh" it's a lot like the tactics coyle and sharpe used in their street pranks, only serious
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Nov 2, 2014 02:10
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mpyne 6 hours ago | link Bitcoin is a scheme designed to create a deflationary store of value by wasting electrical energy, co-opted by a vast amount of people who really did look at it like "tulips" and who continue to operate today as if it's a pump-and-dump. You are certainly right to point out that there are a lot of Bitcoin developers and users who are not assholes and have good intentions, but Bitcoin is not the vehicle that's going to work for things like banking in undeveloped countries. I'm honestly a bit surprised you brought that up, as even with the mining fees needed to pay off the Bitcoin network being subsidized by inflation of the money supply (which is apparently good when it's happening now in accordance with an algorithm that was certainly not determined by a centrali party, but won't be good in 20 years because ???), Bitcoin currently requires about $18 per transaction (https://blockchain.info/charts/cost-per-transaction). And the price is only that low because the value of Bitcoin in USD has been dropping steadily for months. If Bitcoin ever became as popular as its proponents hope then the per/tranx price will go up as well (until the entire network is burning through so much electrical power that more miners can't be brought online to compete in the Mine-a-Block lottery at the new, higher Bitcoin price). Increasing the number of transactions will help, sure, but it's currently limited to ~7 per second, and although there are technical means of increasing that someday, the Bitcoin lead developer has indicated they probably wouldn't do that anyways (https://bitcoinfoundation.org/2014/10/blocksize-economics/) since then how will the poor miners make money? And in a future where people actually have to bid their transaction fee high enough to be accepted by benevolent miners just to make it in the blockchain, how are the poor of Africa supposed to compete at all? I'm glad you're worried about them, but don't tie their fate to a network which is designed to be horribly inefficient just so people can say that no trusted third parties were ever utilized in a monetary transaction! Especially in this era of increasing centralization in Bitcoin itself; I don't see how those in Africa were their most-capable computing device is a mobile are supposed to compete with the mining pools and ASIC manufacturer/miners, all you'll have done is traded centralized protocols regulated by the public sector with centralized Bitcoin overseen by the profit-seeking private sector. I'm not an expert on the wide field of crypto-currency but surely there must be something better out there. reply
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Nov 2, 2014 03:44
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Chris Knight posted:mpyne 6 hours ago | link FUUUUUDDDDD! Stop spreading FUD! who pays you?
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Nov 2, 2014 03:58
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surebet posted:an otherwise reasonably intelligent person i went to college had this obsession with not having a bank account good lord even the most stupid poor I know is smarter than to cash stuff at payday places
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Nov 2, 2014 06:42
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searched twitter for blockchain, got http://genecoin.me/ why
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Nov 2, 2014 08:28
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A challenge to /r/Buttcoin - Use the "valuable blockchain technology" to start your own coin that outcompetes Bitcoin (self.Bitcoin) отправлено 2 hours ago, изменено * автор Shibinator quote:As we all know, /r/Buttcoin has (like many critics) had to collectively shift its criticism of Bitcoin away from accusations of Ponzi schemes, "it'll never work" and so on to a grudging acceptance that maybe the blockchain invention has some value. It's not that crypto currency won't work, it's because Bitcoin has too many problems which will only be solved in a later iteration.
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Nov 2, 2014 08:33
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