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amotea posted:Can you cancel a transaction to unfuck yourself when e.g. you've accidentally tried to transfer all your funds with 0 fee? What next? Chargebacks? This is actually extremely good that you can't cancel your transaction. My question is is it theretically possible to pay miners so they DON'T approve your transaction?
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Dec 8, 2017 15:43
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Waltzing Along posted:How many cryptocurrencies are there? Can more than one survive? Is Ethereum the new bitcoin? poo poo man you can make a GBSCoin in 10 minutes
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Dec 8, 2017 15:54
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What would happen if we all started transferring each other measly sums of .00000001 bitcoin for free? Could we automate this process? Would there be any point or are bitcoins now at a point where the demand and transaction velocity is so high that it will never catch up until it goes pear shaped?
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Dec 8, 2017 15:55
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Comfy Fleece Sweater posted:poo poo man you can make a GBSCoin in 10 minutes Sounds good. Let's do it. How fast can we conceivably mine these things if we just copy bitcoin? I don't mind saving a wallet full of 100k gooncoins for 10 years and cashing out.
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Dec 8, 2017 15:59
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Rock Puncher posted:gently caress i still have $50 in my wallet i was going to use on the only reason bitcoins are useful you were goingto demonstrate economic unrest?
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Dec 8, 2017 15:59
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scott zoloft posted:you were goingto demonstrate economic unrest? woodford 2017 is coming up, so yes.
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Dec 8, 2017 16:00
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scott zoloft posted:you were goingto demonstrate economic unrest? I think that was the Trump presidency
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Dec 8, 2017 16:15
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amotea posted:Can you cancel a transaction to unfuck yourself when e.g. you've accidentally tried to transfer all your funds with 0 fee? Takes like 3 days for a transaction to expire.
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Dec 8, 2017 16:18
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Computer Serf posted:The funniest part about Dogecoin is it's a superior technical evolution of Bitcoin that was made by some guy who wanted to prove how easy making cryptocoins was. And the dogecoin community was constantly making donations to charities and stuff instead of creating scams. And scamming and raping people lots, of course.
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Dec 8, 2017 16:37
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Stay poor nocoiners.
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Dec 8, 2017 17:07
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Since November our government media has published at least 7 articles specifically about bitcoin and a bunch of others namedropping it. don't know if reptiles but fuckin straya mates obviously make great bitcoin holders
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Dec 8, 2017 17:12
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Comfy Fleece Sweater posted:poo poo man you can make a GBSCoin in 10 minutes less time if you hit up the indian buffet for lunch 
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Dec 8, 2017 17:15
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short 👏🏾 sell 👏🏾 bitcoin
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Dec 8, 2017 17:34
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AARO posted:Stay poor nocoiners. LoL if your skillset is so abismal that you need to gamble to make a living.
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Dec 8, 2017 18:19
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A guy who I consider a massive nerd says to wait til it reaches $20,000 to sell. What do you guys think??
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Dec 8, 2017 18:29
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smoobles posted:A guy who I consider a massive nerd says to wait til it reaches $20,000 to sell. What do you guys think?? No guarantee it ever reachs that, every guarantee it's going to crash eventually. You've already won if you can sell now
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Dec 8, 2017 18:32
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smoobles posted:A guy who I consider a massive nerd says to wait til it reaches $20,000 to sell. What do you guys think?? Maybe? we've been ignoring these idiot nerds since it was 10 dollars One of those idiots who predicted the 6,000 price also predicted a 10k price around this time and 100,000 price after 2018 Who the gently caress knows anymore? Just don't put your life savings in it and hope you're not the last moron holding the bag edit: The thing about Bitcoins is... it doesn't make sense. It's driven by stupidity, a lot of the price is just leveraged stupidity of us humans. So in that way, considering maybe 1% of people around the world have even heard about it, there's a lot of stupidity to be mined
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Dec 8, 2017 18:34
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Comfy Fleece Sweater posted:poo poo man you can make a GBSCoin in 10 minutes make a GBSCoin to save our forums. we can astroturf on twitter to get new cryptocoin investors to buy in
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Dec 8, 2017 18:46
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smoobles posted:A guy who I consider a massive nerd says to wait til it reaches $20,000 to sell. What do you guys think?? It's a ponzi, just buy early and sell before it collapses. Also if it falls and then rises again, buy in the dip.
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Dec 8, 2017 18:47
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LinYutang posted:short 👏🏾 sell 👏🏾 bitcoin LinYutang posted:Except that Bitcoin Will Definitely Fail so there is no downside LinYutang posted:Put your money where your years of Buttcoin posts are and short the Definite Ponzi Scam known as bitcoin LinYutang posted:$10 spent shorting in an exchange won't hurt since yall are confident in the Impending Death Of Bitcoin LinYutang posted:Short sell bitcoin if yall think it's a bubble and gonna pop! do it! LinYutang posted:If people are so confident that Bitcoin Will Fail why aren't they shorting it found the bot
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Dec 8, 2017 19:00
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Monos Bullet posted:make a GBSCoin to save our forums. we can astroturf on twitter to get new cryptocoin investors to buy in I'll make a waves token in like 5 minutes, how about "GBS NiggaCoin" with an initial seed of 420691337 available coins
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Dec 8, 2017 19:01
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Cashed out my 0.5 butts, yay Crash motherfucker.
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Dec 8, 2017 19:02
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smoobles posted:Cashed out my 0.5 butts, yay You fool, you've singlehandedly caused a 5k drop in Bitcoin... I knew something was wrong
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Dec 8, 2017 19:05
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Comfy Fleece Sweater posted:edit: The thing about Bitcoins is... it doesn't make sense. It's driven by stupidity, a lot of the price is just leveraged stupidity of us humans. So in that way, considering maybe 1% of people around the world have even heard about it, there's a lot of stupidity to be mined If Bitcoin has proven one thing, is that you should never underestimate the fever dreams of internet weirdos.
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Dec 8, 2017 19:12
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LinYutang posted:short 👏🏾 sell 👏🏾 bitcoin I was just wondering about this, like how would you go about doing this? Hypothetically of course lol
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Dec 8, 2017 19:18
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Y'all made fun of the bee tee see back in '11 and I was like, "guess it's silly" and now I could have been a millionaire if I had some buttcoins back in the day and they somehow never got hacked or stolen in six years.
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Dec 8, 2017 19:19
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TACTICAL SANDALS posted:I was just wondering about this, like how would you go about doing this? Hypothetically of course lol Google says you basically don't, regular markets are staying the gently caress away because they know it's a bubble too and the transaction cost is high.
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Dec 8, 2017 19:20
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TACTICAL SANDALS posted:I was just wondering about this, like how would you go about doing this? Hypothetically of course lol First you give money to the organization that banks with some obscure polish farmer bank and prints fake money to buy bitcoins with every time the price dips. Short bitcoin on their platform OOPS! your short position was accidentally closed out at $29,000 even though the price never actually went anywhere near there.
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Dec 8, 2017 19:22
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Lol I just made $7,000 profit off a fake currency whose only purchasable good is drugs but is actually 99% nerds playing a pretend stock market
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Dec 8, 2017 19:41
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Paladinus posted:What next? Chargebacks? This is actually extremely good that you can't cancel your transaction. You can't cancel fraudulent transactions? That's not really a good thing.
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Dec 8, 2017 19:50
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Paypal handled 1.9 billion transactions in Q3 2017. At 8 transactions per second, this would take Bitcoin 7.5 years to process into the blockchain.
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Dec 8, 2017 20:06
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smoobles posted:Lol I just made $7,000 profit off a fake currency whose only purchasable good is drugs but is actually 99% nerds playing a pretend stock market Is that $7,000 still in an exchange or in your bank account? Honestly curious if you are able to get it into actual USD.
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Dec 8, 2017 20:08
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TACTICAL SANDALS posted:I was just wondering about this, like how would you go about doing this? Hypothetically of course lol who wouldn't love to see concrete actions from Confident Wise People who have been prophesizing bitcoin's imminent failure for years
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Dec 8, 2017 20:12
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Toys For rear end Bum posted:The minimum fee to get your bitcoin transaction thru is now $5.69. The current block reward is 12.5 bitcoins. The average number of transactions per block is ~2,500. The average amount of transaction fees per block is 4 bitcoins. The current bitcoin price is ~$15,000. https://blockchain.info/stats The block reward is $187,500. Every 10 minutes, $187,500 is being removed from the bitcoin economy. Each transaction costs $75 in block rewards. Each block has $60,000 in transaction fees. The average transaction fee is $24. Block reward plus transaction fee means each transaction costs $99. 
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Dec 8, 2017 20:14
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LinYutang posted:who wouldn't love to see concrete actions from Confident Wise People who have been prophesizing bitcoin's imminent failure for years what is bitcoin's success?
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Dec 8, 2017 20:14
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nexous posted:Is that $7,000 still in an exchange or in your bank account? Honestly curious if you are able to get it into actual USD. That amount is pretty easy to withdraw
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Dec 8, 2017 20:15
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LinYutang posted:who wouldn't love to see concrete actions from Confident Wise People who have been prophesizing bitcoin's imminent failure for years But when will bitcoin succeed?
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Dec 8, 2017 20:16
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COMRADES posted:You can't cancel fraudulent transactions? That's not really a good thing. LOL if you lost your private key, or it was stolen, or whatever, it's your fault dummy, have fun being poor. Not a joke, this is the actual answer BTW.
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Dec 8, 2017 20:19
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https://blog.coinbase.com/please-invest-responsibly-an-important-message-from-the-coinbase-team-bf7f13a4b0b1 "Please invest responsibly" - a company that take credit cards for BTC and admits it is likely that they will be unavailable or unable to process your transactions when you want to withdrawal.
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Dec 8, 2017 20:22
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Sickening posted:But when will bitcoin succeed? When it's to the Moon.
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Dec 8, 2017 20:22
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