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Zyklon B Zombie posted:So did they ever solve that problem of if everyone used bitcoin you'd have to download multiple terabytes of data every time you wanted to buy a candy bar? Don't think so. I can't wait until it takes like a day. I miss the stories of (classic) bitcoin scams like butterfly labs or that mining farm that burned down in some 3rd world jungle because all the computers cooked off in non server room conditions.
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Oct 24, 2017 12:12
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I got $2k in real world money out of dogecoin I mined years ago for half an hour using free aws credit bc I thought the meme was funny OP
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Oct 24, 2017 12:13
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My parents will wind up murdered because of bitcoin by the end of the year. Just you wait; this cryptocurrency is out for blood.
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Oct 24, 2017 12:15
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emoji posted:I got $2k in real world money out of dogecoin I mined years ago for half an hour using free aws credit bc I thought the meme was funny OP Still easily the funniest thing to come out of this whole thing. https://i.imgur.com/Hzea1LJ.mp4
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Oct 24, 2017 12:15
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Screw you op, I'm buying Enron stock. It's due for a comeback!
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Oct 24, 2017 12:18
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every time i see how much these things are worth i feel bad for not jumping the last time i saw the price. at this point im not even interested in making money with bitcoin, i just want to see the bitcoin millionaires lose everything.
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Oct 24, 2017 12:40
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Good luck getting anyone to give you $6000 for one Bitcoin though.
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Oct 24, 2017 12:42
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Monos Bullet posted:every time i see how much these things are worth i feel bad for not jumping the last time i saw the price. at this point im not even interested in making money with bitcoin, i just want to see the bitcoin millionaires lose everything. They've already lost everything because they sold everything for non-redeemable cosbycoins. Everything else is just them in denial of the fact they're never going to be able to cash out.
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Oct 24, 2017 12:49
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It's worth nothing to me though
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Oct 24, 2017 12:54
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Are wallets still shutting down and stealing everyone's coins?
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Oct 24, 2017 12:55
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I've only encountered one person with any sizeable amount of bitcoin as an investment and they're pulling it out in chunks just fine. He's capped at 10k a day in trading, but he's still getting his funds out.
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Oct 24, 2017 13:17
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Dolphin posted:It's worth nothing to me though 
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Oct 24, 2017 13:37
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I mined dogecoin till my graphics cards literally burst into flames, I have like 40 cents worth. Hmm, maybe more by now. I should check.
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Oct 24, 2017 13:38
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that kid who literally fried his brain mining bitcoin was a bit sad but also funny
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Oct 24, 2017 13:40
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Jose posted:that kid who literally fried his brain mining bitcoin was a bit sad but also funny Is mining something you have to do actively? I thought it was just a set it up and wait for your computer to catch fire sort of thing.
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Oct 24, 2017 13:44
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Solice Kirsk posted:Is mining something you have to do actively? I thought it was just a set it up and wait for your computer to catch fire sort of thing. i think he got heatstroke from all the mining rigs in his basement. maybe. if this hasn't actually happened it will at some point
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Oct 24, 2017 13:51
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Generic Monk posted:i think he got heatstroke from all the mining rigs in his basement. maybe. if this hasn't actually happened it will at some point yeah i think he had some ridiculous setup in his bedroom and was also sitting in there on his pc. it got so hot from all of the graphics cards doing mining that he passed out with heatstroke and ended up with minor but irreparable brain damage lmao E: here it is quote:“Hi, I’m the person who posted that message. I originally posted it on 4chan’s technology board (/g/), though apparently someone took a screenshot and it’s been reposted quite a lot on other sites. I don’t feel like doing an interview, but here are some more details in case you’re wondering: I started Bitcoin mining quite a while ago. I already had a decent build with 2 5850s in crossfire that I used for gaming. After mining for a while, I earned enough money to buy more mining hardware from Newegg and Amazon. In the end, I had a total of 4 PCs with 2 5850s in each of them, except for 1 of them, which had 3 5850s. I won’t bother listing all the specs, since they’re nothing special aside from the 5850s. I overclocked the core clocks of the 5850s to squeeze a little more performance out of them, and underclocked the video ram in order to reduce heat. I had them running at 100% fan speed to try and cool them off a little better, but they still got pretty hot anyway. I’m a freshman in college and unfortunately still live with my parents (living in a dorm is too expensive), so I don’t really have any other place to put my PCs except in my own room. So I kept all 4 machines in my bedroom, which is not very big. So they were pretty close to my bed.My parents’ house doesn’t have central heating/AC, but instead we have window AC units that we install in the summer, and space heaters for the winter. Bardeh fucked around with this message at 13:56 on Oct 24, 2017 |
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Oct 24, 2017 13:54
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They should build mining rigs in Alaska where it's cold! The Great Alaska Bitcoin Pipeline!
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Oct 24, 2017 13:54
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My favorite is the dried out fruit
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Oct 24, 2017 14:12
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I'll pay 20 bucks for all the bitcoins you have, as a gag gift for my girlfriend. It's her birthday next month and she really likes funny pointless poo poo..
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Oct 24, 2017 14:19
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I sat in on an interesting seminar about the South Sea Trading company (not through choice I might add) and the dude had this graphic comparing it to Bitcoin... https://en.wikipedia.org/wiki/South_Sea_Company
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Oct 24, 2017 14:25
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Solice Kirsk posted:I've only encountered one person with any sizeable amount of bitcoin as an investment and they're pulling it out in chunks just fine. He's capped at 10k a day in trading, but he's still getting his funds out. Why's he pulling it out? Bitcoin only goes up!
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Oct 24, 2017 14:30
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It's cool, any day this poo poo will crash.
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Oct 24, 2017 14:42
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its not a good investment for cashing out purposes but if youll want to buy drugs in 6 months you can buy the bitcoins today and youll be able to buy a lot more drugs in 6 months than if you waited and bought them with cash
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Oct 24, 2017 14:49
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Is there a way to cash out at their nominal value that isn't shady as hell and like as not to take the bitcoins and run?
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Oct 24, 2017 14:49
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Pac-Manioc Root posted:Is there a way to cash out at their nominal value that isn't shady as hell and like as not to take the bitcoins and run? there are many exchanges now that will let you easily cash out at least a few hundred to a few grand per week straight to your bank account just like cashing out your paypal account but if you really need to trade for cash because your bitcoins are drug money or because you don't want to pay taxes or you ahve millions of dollars worth youll have to find a guy on localbitcoins who probably won't murder or rob you but you can't totally rule it out
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Oct 24, 2017 14:55
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If you can find another like minded retard you can cash out in one fell swoop, but I guess these opportunities are few and far between. Good luck convincing the Government that you want to pay the ~£2m in stamp duty in Bitcoin though.
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Oct 24, 2017 14:59
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Bitcoin keeps going up for the same reason the stock market keeps going up. It's a bubble that will inevitably burst.
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Oct 24, 2017 15:21
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I have nothing to do with bitcoin but I love how you all have been objectively wrong about it for over half a decade now.
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Oct 24, 2017 15:22
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spasticColon posted:Bitcoin keeps going up for the same reason the stock market keeps going up. It's a bubble that will inevitably burst. its true but that doesnt change the fact that all of us could be posting from kiddie pools full of cocaine right now if we'd bought $100 worth of bitcoin instead of deriding it back in 2011
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Oct 24, 2017 15:23
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poverty goat posted:its true but that doesnt change the fact that all of us could be posting from kiddie pools full of cocaine right now if we'd bought $100 worth of bitcoin instead of deriding it back in 2011 I definitely would have misplaced it somehow so whatever I ain't buggin
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Oct 24, 2017 15:25
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i'd rather live in a homeless shelter than buy bitcoin
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Oct 24, 2017 15:28
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lmao Sounds like you guys should definitely get in to bitcoins and NOT contribute to your 401k
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Oct 24, 2017 15:32
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how was buying computer equipment and electricity to mine supposed to give bitcoin inherent value?
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Oct 24, 2017 15:34
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Chief McHeath posted:More like  Whoa, about time we closed this thread and topic in general forever folks.
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Oct 24, 2017 15:35
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Shitcoin
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Oct 24, 2017 15:39
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Vincent Van Goatse posted:Good luck getting anyone to give you $6000 for one Bitcoin though. ??? Just go to coinbase or something and sell it for real money. Cashing out one or two bitcoins is easy, its the people who think they are going to cash out hundreds that are going to have trouble.
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Oct 24, 2017 15:43
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Stealthgerbil posted:??? Just go to coinbase or something and sell it for real money. Cashing out one or two bitcoins is easy, its the people who think they are going to cash out hundreds that are going to have trouble. I don't understand why people are so transparently mad about it and so insistent on spreading lies. It's almost as if they're really bitter they missed out on the one get-rich-quick scheme that ever paid out
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Oct 24, 2017 15:52
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i thought about setting up a scam to steal peoples bitcoins...who would stop me? nobody, thats who.
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Oct 24, 2017 15:53
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How many Stones of Jordan will a bitcoin buy? I have a ww barb and need that extra dps.
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Oct 24, 2017 15:57
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