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bitcoin: in case you're too much of a bitchmade nerdlinger to ask your waiter where you can score
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Mar 19, 2017 23:20
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Bitcoin will reach $3000 in 2017!! *falls below $1000 after ETF gets denied* *ridiculous in-fighting over incoming hard fork and price correction*
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Mar 25, 2017 02:44
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I could have made like 15 bitcoin s in a month on my regular conputer when it came out
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Mar 25, 2017 02:52
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lol who was the guy who paid 10 bitcoins for a pizza? so at the current price is mining bitcoins worth it? i'm gonna say yes, time to splash out 10k on a sweet bitmining rig. e: oh poo poo i meant 10000 buttcoins.
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Mar 25, 2017 03:39
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kierrie posted:i'm gonna say yes, time to splash out 10k on a sweet bitmining rig. I would highly advise against this, you're going up against this kind of operation siphoning off a national grid: 
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Mar 25, 2017 03:48
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SpaghetioSexNoises posted:I would highly advise against this, you're going up against this kind of operation siphoning off a national grid: Some of those Chinese bitcoin mining operations have their own hydroelectric generators don't they?
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Mar 25, 2017 05:46
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I ran a miner on my work imac for like a month and a half and then later ended up cashing out around 8k around the first peak. Welp that's my bitcoin story.
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Mar 25, 2017 07:48
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Drone_Fragger posted:I should note that I literally caused the first great bitcoin crash (from like 80 dollars down to 5) by posting "bitcoins are crashing, SELL SELL SELL" on the bitcointalk forums with a corresponding snippet of the graph showing they'd dropped 10% in like 2 hours. I have ever reason to believe this is the case given how dumb everyone involved is. Unrelated: everyone involved in bitcoins should loving die. I'm not kidding.
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Mar 27, 2017 03:28
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LethalGeek posted:Unrelated: everyone involved in bitcoins should loving die. I'm not kidding. I don't know Drone_Fragger that well, but I'm not sure that I agree with this statement.
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Mar 27, 2017 10:56
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I wish there were some regulated and well established way for me to make online transactions
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Mar 27, 2017 17:59
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ElGroucho posted:I wish there were some regulated and well established way for me to make online transactions Found your problem
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Mar 27, 2017 21:06
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Oh hey i found that old picture about how easy it is to secure your bitcoins. Still relevant? 
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Mar 30, 2017 03:50
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quote:in a stunning defeat for its founders, lol was it really that stunning
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Mar 30, 2017 04:59
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Reminder: the whole point of Bitcoin was that the people using it, would be the ones doing the mining. It was supposed to be a network of peoples PC's, decentralised, working to process transactions. Now it's just a smouldering heap of Chinese electronics.
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Mar 31, 2017 13:59
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ElGroucho posted:I wish there were some regulated and well established way for me to make online transactions but how would we buy our weed then? oh right weed is legal everywhere now.
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Mar 31, 2017 16:39
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i still cant quite figure out how bitcoin is so super anonymous if everyone who uses it supposedly has to download like every transaction ever to the tune of a bajillion gigs or w/e can someone give me the "explain it to a five year old" answer here
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Apr 1, 2017 11:55
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OMGVBFLOL posted:i still cant quite figure out how bitcoin is so super anonymous if everyone who uses it supposedly has to download like every transaction ever to the tune of a bajillion gigs or w/e You don't have to download it if you just want to pay with butts, that's only for people who check others' transactions for a small reward. But blockchain that contains all transactions ever is indeed accessible to everyone, and although transactions don't usually carry any personal info apart from your relayed IP address, it is relatively easy to trace them.
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Apr 1, 2017 12:08
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I hope you guys will all invest in my new forked venture, PanochaCoin
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Apr 2, 2017 02:08
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Here we go! Bitcoin Wallets Under Siege From ‘Large Collider’ Attack quote:A group called the "Large Bitcoin Collider" claims it can smash open bitcoin wallets by using a so-called brute force attack, which directs mass amounts of computer power at individual wallets in order to guess their private keys. 
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Apr 16, 2017 08:29
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Sick
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Apr 16, 2017 08:40
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Welp, there goes my 0.0174BTC  Hope it was worth the effort, fuckers
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Apr 16, 2017 14:54
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John Wick pays people in bitcoins.
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Apr 16, 2017 15:05
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Anyone else seeing ads on facebook for "TaaS ICO," some alt-coin index fund scam?
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Apr 17, 2017 01:58
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As expected, Ross Ulbricht loses his appeal. https://www.yahoo.com/news/silk-road-founder-loses-appeal-151531887.html quote:Ross Ulbricht, the founder of the darknet marketplace known as Silk Road, has lost his appeal of a 2015 conviction that has him serving a life sentence on drug trafficking and money laundering charges, according to a federal appeals court decision released Wednesday morning.
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Jun 1, 2017 20:04
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Turns out paying people to crack the very encryption you secure the rewards with leads to people developing very large systems capable of brute forcing such encryption (relatively) quickly
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Jun 1, 2017 20:28
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Henrik Zetterberg posted:As expected, Ross Ulbricht loses his appeal.
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Jun 1, 2017 20:42
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The last time Bitcoins made news for being worth something, there was some goon who talked about how basically impossible it was to convert your bitcoins back into honest-to-God money as he recounted his experience trying to sell his. Can anyone confirm this?
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Jun 1, 2017 21:06
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Jellymouth posted:The last time Bitcoins made news for being worth something, there was some goon who talked about how basically impossible it was to convert your bitcoins back into honest-to-God money as he recounted his experience trying to sell his. Can anyone confirm this? The current price is largely a result of an exchange losing nearly all paths to get US dollars out, so everyone is selling their coins on that service to get them out which has created this bubble that will crash. This is because most any bank and this point wants nothing to do with money touched by buttcoin
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Jun 1, 2017 22:19
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Are there still any legit businesses accepting bitcoin? Are they now having to launder any money they got by trading bitcoin, even if it was 100 percent legal?
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Jun 2, 2017 00:06
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Sadly the days of having to cash out Bitcoins via drugs are over.
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Jun 2, 2017 00:16
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VideoTapir posted:Are there still any legit businesses accepting bitcoin? Coinbase is a payment option on a lot of websites and it isn't bankrupt yet.
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Jun 2, 2017 00:18
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It doesn't matter how much money you made if your currency makes you look like a gigantic dipshit of a tool
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Jun 2, 2017 00:41
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VideoTapir posted:Are there still any legit businesses accepting bitcoin? Microsoft
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Jun 2, 2017 01:34
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LethalGeek posted:The current price is largely a result of an exchange losing nearly all paths to get US dollars out, so everyone is selling their coins on that service to get them out which has created this bubble that will crash. This is because most any bank and this point wants nothing to do with money touched by buttcoin Uhh....this is awkward but uhh....sell offs make the price go down, not up.
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Jun 2, 2017 03:02
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bittcoin doesnt follow the rules
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Jun 2, 2017 04:39
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*drags on cigarette*
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Jun 2, 2017 05:19
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You're poor because you make bad decisions. That's not the fault of any other goon.
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Jun 2, 2017 06:26
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VideoTapir posted:Are there still any legit businesses accepting bitcoin? I'm pretty sure Newegg still accepts* bitcoin. Rumor is that Coinbase is propped up on a mountain of VC money so they may stick around for awhile, but who really knows. * you send bitcoins to Coinbase, Coinbase sends real money to Newegg
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Jun 2, 2017 07:59
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Op what does "Bruce Wagner" and "demo mode" and "goons vibrating a blackberry onto the floor on a live video stream" mean to you????
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Jun 2, 2017 08:15
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Jeffrey of YOSPOS posted:Uhh....this is awkward but uhh....sell offs make the price go down, not up. It's not a sell off, Bitfinex stopped all cash withdrawals because they ran out of banks who would work with them so people with cash deposits there tried to convert their cash into bitcoins. This translates into demand for bitcoins, driving the price up. We saw the same rapid price climb for the same reasons back when MtGox stopped cash withdrawals. If you know what happened to MtGox after that, you can probably see what's coming. Note that Bitfinex is the same exchange that lost a bunch of bitcoins in a hack and decided to give all of their customers a 36% haircut last year, even customers who didn't have any bitcoin deposits. So people who are still investing over there are already dumb as bricks
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Jun 2, 2017 08:18
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