bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

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ComfyPants: Mar 20, 2002

Krinkle posted:

Buttcoin's twitter promised tears at http://ticker.tv/whaleclub where all the day traders are watching the price plummet. By the time I got there the price rallied and they were cheering. Bastards...

i was listening to that. they were shorting or something just before bitcoin shat itself so they're quite happy right now.

# ? Jan 14, 2015 08:59

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# ? Apr 20, 2024 04:20

Twinty Zuleps: May 10, 2008; by R. Guyovich; Lipstick Apathy

Krinkle posted:

"rallied"

Big Brother has raised the price of bitcoins to $180! Praise the Blockchain!

# ? Jan 14, 2015 08:59

CampingCarl: Apr 28, 2008

Krinkle posted:

Buttcoin's twitter promised tears at http://ticker.tv/whaleclub where all the day traders are watching the price plummet. By the time I got there the price rallied and they were cheering. Bastards...

How are there day traders in something that can only go up?

# ? Jan 14, 2015 08:59

trucutru: Jul 9, 2003; by Fluffdaddy

I would like to remind everybody that, if the exchanges actually used the currency of the future for their trades, they wouldn't be able to handle the current traffic.

# ? Jan 14, 2015 09:00

stoutfish: Oct 8, 2012; by zen death robot

i wish bitcoin died under my thread and not this baby thread

# ? Jan 14, 2015 09:02

Krinkle: Feb 9, 2003; Ah do believe Ah've got the vapors...
Ah mean the farts

Wulfolme posted:

Big Brother has raised the price of bitcoins to $180! Praise the Blockchain!

the dead cat bounced. it's just gracefully arcing at 188 right now.

# ? Jan 14, 2015 09:03

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Krinkle posted:

it's just gracefully arcing

mlmc

# ? Jan 14, 2015 09:04

Malloc Voidstar: May 7, 2007; Fuck the cowboys. Unf. Fuck em hard.

Remember: It's in Bitstamp's best interest for the price to crash right now. They need to purchase ~19000 BTC if they want to pass solvency in the future. (self.Bitcoin)

NilacTheGrim 1 очко 2 minutes ago
I thought about this too. Absent regulation, it's entirely possible they are manipulating the price down, and we'd be none the wiser. We'd just chalk it up to the crazy market. It's similar to how GOX's WillyBot artificially pumped the price.

In the case of Gox, they knew they could never ever make back the BTC they lost, so they opted to cash out in fiat with the little BTC they did have, so they pumped the price as high as possible.

Bitstamp on the other hand is doing the opposite because they want to buy back the BTC they lost to meet customer obligations (I guess this means they are solvent, for the most part).

It crossed my mind and would explain a helluva lot.

# ? Jan 14, 2015 09:06

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

lol they're flipping out because i started to record them

# ? Jan 14, 2015 09:07

text editor: Jan 8, 2007

# ? Jan 14, 2015 09:08

Tetramin: Apr 1, 2006; I'ma buck you up.

laugh at the poop toucher

# ? Jan 14, 2015 09:08

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

quote:

this is an intense day, the day bitcoin went vertical

up, down, doesn't matter, vertical

# ? Jan 14, 2015 09:09

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

we did good tonight, i hope you all enjoy your bonuses from the lizard illuminati

# ? Jan 14, 2015 09:09

trucutru: Jul 9, 2003; by Fluffdaddy

wow, the people at r/bitcoinmarkets are even more delusional that the r/bitcoiners. Goddamn, apparently this is all good news because, heck, they are all so smart that they surely shorted the market.

Posted 12 hours ago:

quote:

Many investors were hit hard as the price of Bitcoin dropped to $226.23 earlier today. So, as we anticipated yesterday, the downtrend is continuing, as we concluded through yesterday�s down sloping Advance/Decline line.

By observing the MACD curves for today�s one hourly charts (look at the below chart from tradingview.com), the MACD line (blue line) is below the signal line (red line), which means that the downtrend is likely to reverse shortly. As the trading volume increased today, this sign is rather important and means that the price is likely to rise shortly. However, as the price can meet no support except at the $200 mark, it won�t be surprising to see the price drop to test this support point.

By plotting the Bollinger Bands on today�s hourly charts (the 2 blue curved lines on the below chart), we can see that the 2 bands are widening the gap between them, which reflects the high volatility at the moment. However, I believe that the price of Bitcoin is going to rise shortly as shown by analyzing the charts; the �morning star� sign on the 1 hourly charts (look at the 3 candles inside the blue circle on the below chart) signals a strong buying power and predicts that the price is going to rise within less than 24 hours.

quote:

I am not sure that I can take another day of yet another -46% loss.

trucutru fucked around with this message at 09:13 on Jan 14, 2015

# ? Jan 14, 2015 09:10

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

Dat moment you realize your Trezor is worth more than what's in it. (i.imgur.com)
submitted 16 minutes ago by OcelotSupernova

# ? Jan 14, 2015 09:11

text editor: Jan 8, 2007

# ? Jan 14, 2015 09:11

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

trucutru posted:

Posted 12 hours ago:

https://www.youtube.com/watch?v=Vkz8BLBJ9_I

# ? Jan 14, 2015 09:14

Krinkle: Feb 9, 2003; Ah do believe Ah've got the vapors...
Ah mean the farts

Boxturret posted:

mlmc

that roman numeral doesn't work or I don't get what acronym it is supposed to be

# ? Jan 14, 2015 09:18

Boxturret: Oct 3, 2013; Don't ask me about Sonic the Hedgehog diaper fetish

Krinkle posted:

that roman numeral doesn't work or I don't get what acronym it is supposed to be

much like my :gizz:

# ? Jan 14, 2015 09:19

Krinkle: Feb 9, 2003; Ah do believe Ah've got the vapors...
Ah mean the farts

Ahahahah okay great. adding that to my acronym rolodex right next to gypo

# ? Jan 14, 2015 09:21

Synthbuttrange: May 6, 2007

surebet posted:

up, down, doesn't matter, vertical

same but my boner

# ? Jan 14, 2015 09:28

Tetramin: Apr 1, 2006; I'ma buck you up.

Hey bitcoiners,

Youre currency is a piece of poo poo

# ? Jan 14, 2015 09:32

Malloc Voidstar: May 7, 2007; Fuck the cowboys. Unf. Fuck em hard.

Bitcoin doesn't do what bitcoin does for bitcoin, bitcoin does what bitcoin does because it is bitcoin (self.Bitcoin)

# ? Jan 14, 2015 09:34

Kilmers Elbow: Jun 15, 2012

text editor posted:

bitdogs

# ? Jan 14, 2015 09:36

Twinty Zuleps: May 10, 2008; by R. Guyovich; Lipstick Apathy

no matter the matter at hand, the innocent will always suffer

# ? Jan 14, 2015 09:38

surebet: Jan 10, 2013; ａｖａｔａｒ
ｓｐｅｃｉａｌｉｓｔ

Bitcoin Crash Alert: National Suicide Prevention Lifeline 1-800-273-8255 (self.Bitcoin)

almost at the top of reddit

# ? Jan 14, 2015 09:42

Alliterate Addict: Jul 10, 2012; dreaming of that face again

it's bright and blue and shimmering

grinning wide and comforting me with it's three warm and wild eyes

surebet posted:

Bitcoin Crash Alert: National Suicide Prevention Lifeline 1-800-273-8255 (self.Bitcoin)

almost at the top of reddit

mods must be asleep

or already dead

if only they had let it be upvoted sooner :smith:

# ? Jan 14, 2015 09:59

ComfyPants: Mar 20, 2002

cheep coinz rally going on, back over 200

# ? Jan 14, 2015 10:01

Same Great Paste: Jan 14, 2006

JaysonAych posted:

cheep coinz rally going on, back over 200

poo poo bitcoin really is antifragile

we better all buy buy buy before we all miss this boat to the moon

# ? Jan 14, 2015 10:12

PleasureKevin: Jan 2, 2011

buy high, sell low, buy back low, sell high-- low oh no sell sell sell... buy low to reduce average buy price, sell low, buy

# ? Jan 14, 2015 10:20

QuarkJets: Sep 8, 2008

I just want bitcoin to plummet to sub-$100 levels so that all of those big warehouses full of ASICs have to shut down. Back when it was just a bunch of libertarians circle-jerking with CPU mining it was just a dopey thing to laugh at, but dumping fuckloads of CO2 into the atmosphere for what amounts to a giant ponzi scheme is just awful

# ? Jan 14, 2015 10:33

RubberJohnny: Apr 22, 2008

[�]Anti-Troll_Revision 12 points 6 hours ago*

quote:

Or it can go the same way as other coins with mining bubbles which is collapse. You have no idea and neither do I. But its happened before with other coins under similar circumstances so you shouldnt ignore the possibility.

code:

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Or it can go the same way as other coins with mining bubbles which is collapse. You have no idea and neither do I. But its happened before with other coins under similar circumstances, but that's not what I'm really trying to say.
The truth is, I have an unhealthy obsession.
Being obsessed over anything is unhealthy. But my obsession isn't constructive. I spend the vast majority of my day talking about Bitcoin. It's in no way productive (although sometimes I delude myself into believing I'm shining truth in the faces of delusional Bitcoiners).
I'm destructive. I speak negatively for hours on end about one single subject. I work tirelessly as a contrarian in hopes of gaining any minimal amount of attention. I could have chosen sports, science, or politics. But I chose Bitcoin.
There's a poster of Christopher Nolan's Joker above my bed because ever since seeing that movie, I've believed that his random and chaotic nature is cool. No one can track him. No one can peg him as anything. He's chaos. I desperately want to be that thing.
But I'm not. I'm a shell of it. I'm a clone of an idea. My attempts to uncategorized myself stuff me into an easily labeled box.
So I sit, day in and day out, for what is easily an unhealthy amount of time, criticizing a single subject. I don't expand on my points. I don't give too much information otherwise others are prone to real debate. I want my mark on the world to hurt, and I do it to give myself meaning because I'm unable to make a mark in a meaningful way.

# ? Jan 14, 2015 10:38

Wheany: Mar 17, 2006; Spinya^{ha^{ha^haha}ha}ha_{ha_{ha_haha}ha}ha!; Doctor Rope

Boxturret posted:

https://www.youtube.com/watch?v=Vkz8BLBJ9_I

like half the commenters on that video have pony or furry avatars

# ? Jan 14, 2015 10:38

PleasureKevin: Jan 2, 2011

lol at the fake yosposer confession

# ? Jan 14, 2015 10:45

dimebag dinkman: Feb 20, 2003

surebet posted:

Bitcoin Crash Alert: National Suicide Prevention Lifeline 1-800-273-8255 (self.Bitcoin)

almost at the top of reddit

hmm what about the don't kill your roommate with a hammer hotline

# ? Jan 14, 2015 10:46

cinci zoo sniper: Mar 15, 2013

Wheany posted:

like half the commenters on that video have pony or furry avatars

haven't furries adopted dogecoin yet?

# ? Jan 14, 2015 10:50

Twinty Zuleps: May 10, 2008; by R. Guyovich; Lipstick Apathy

Wheany posted:

like half the commenters on that video have pony or furry avatars

i count one suspiciously large eyed cat and a bunch of pokemon

its only the real lifer furries that try to tell everyone about it, bronies are still all excited about how much they like something thats weird to like

# ? Jan 14, 2015 11:18

unpacked robinhood: Feb 18, 2013; by Fluffdaddy

kalstrams posted:

haven't furries adopted dogecoin yet?

furries won't adopt a dog they can't gently caress

# ? Jan 14, 2015 11:20

Condiv: May 7, 2008; Sorry to undo the effort of paying a domestic abuser $10 to own this poster, but I am going to lose my dang mind if I keep seeing multiple posters who appear to be Baloogan.

With love,
a mod

bitcoin sub 200 :toot:

# ? Jan 14, 2015 11:42

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# ? Apr 20, 2024 04:20

cinci zoo sniper: Mar 15, 2013

again or what, im confused to limit

# ? Jan 14, 2015 11:44

The Something Awful Forums > Discussion > Serious Hardware/Software Crap > YOSPOS > bitcoin: a sisyphean nightmare, forever trapped in an endless wall of sperg

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