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Bitcoin was essentially an art project made with code, and it's not the creators fault it got turned into a gambling vehicle for "investors". Crypto currencies are pretty cool from a conceptual standpoint and imagine if etherium version 2 or 3 succeed in turning all of the world's mining power towards solving difficult research problems.
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Dec 25, 2017 01:24
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ilmucche posted:What is a bit licence,? Who decides who gets one? Is someone regulating the trading of bitcoin with licences?
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Dec 25, 2017 01:28
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Uranium 235 posted:every company licensed by the nysdfs has to submit annual audits So like blind faith with your money? Sounds very fiatish
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Dec 25, 2017 01:29
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Burt Sexual posted:So like blind faith with your money? Sounds very fiatish
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Dec 25, 2017 01:34
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Salt Fish posted:imagine if etherium version 2 or 3 succeed in turning all of the world's mining power towards solving difficult research problems. Ha ha. Great story, Mark. Anyway, how's your sex life?
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Dec 25, 2017 01:38
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smoobles posted:Bitcoin Millionaires can afford such things, scrub But apparently they can't afford a less tacky tree
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Dec 25, 2017 01:42
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Uranium 235 posted:faith in the nysdfs https://www.sec.gov/reportspubs/investor-publications/investorpubsaboutauditorshtm.html So they have to file a 10-k and Edgar will have the auditors listed there https://www.sec.gov/cgi-bin/browse-edgar?company=Coinbase&owner=exclude&action=getcompany Hmm idk again but they filed to do securities like 5 years ago?
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Dec 25, 2017 01:47
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Burt Sexual posted:Did they do it? I’d think you’d know better than most here. Coinbase is like the biggest exchange in all of btc I thought. Today at least. IIRC Bitfinex is still the biggest exchange in all of btc Bitfinex, the same shady-rear end exchange that all banks refuse to deal with due to their connections to fraud and money laundering, and who blatantly violated laws that most countries have by stealing from customers to pay off a "theft". The one that prints off a ton of Tethers and buys bitcoins from depositors every time that the price begins to fall, making $50M show up on their books in an afternoon out of nowhere like it's nothing The same Bitfinex that basically everyone agrees no one should ever use. That's the most popular bitcoin exchange
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Dec 25, 2017 01:49
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QuarkJets posted:IIRC Bitfinex is still the biggest exchange in all of btc Let's trade futures everybody.
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Dec 25, 2017 01:52
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paternity suitor posted:I think they'll do this, and it will work, because unlike Bitcoin they have an entire ecosystem of goods and services they can offer at a discount when you use their coin. You can buy almost anything on Amazon, so Amazon gift cards are really almost as good as money. All they'd have to do is throw you like 5-10% off when you use their coin and it's a no brainer. This idea has been brought up here before, but the question that no one could answer was: Why would Amazon bother doing any of this? There's no advantage to creating a cryptocurrency for gift card money. It transfers away control of your own balances if you make it public, and it is insanely wasteful if you keep it private.
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Dec 25, 2017 01:53
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Burt Sexual posted:https://www.sec.gov/reportspubs/investor-publications/investorpubsaboutauditorshtm.html i'm definitely not an expert on sec filings but could that result in edgar be for a private sale of equity in coinbase to venture capital? Uranium 235 fucked around with this message at 01:56 on Dec 25, 2017 |
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Dec 25, 2017 01:54
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https://medium.com/@bitfinexed/meet-picasso-the-painter-on-gdax-c478ff8f50e5
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Dec 25, 2017 02:26
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Rewind the tape. Run MtGox again.
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Dec 25, 2017 02:27
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XK posted:If nobody can tell me what Ethereum does, by noon EST, tomorrow, December 25th, I'm going to declare that anyone putting money into ETH is a big dummy. I know exactly what it does, but I’m NEVER telling you people, because it’s such an incredible, once in a lifetime money-making opportunity, I’d be scared of you idiots diluting my earnings. All I can say ? 1 ETH= 1 Lambo, and I’m putting ALL my money AND life savings in crypto currency, because it’s so freaking amazing, it’s like buying Apple stock BEFORE the iPhone, or Amazon stock 5 years ago!!!!!!! Comfy Fleece Sweater fucked around with this message at 02:46 on Dec 25, 2017 |
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Dec 25, 2017 02:44
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new from johnny Bcashquote:A hodler arrived just the other day
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Dec 25, 2017 02:49
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All the videos in that wouldn’t play because of “violations of do not track in your browser” lol
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Dec 25, 2017 02:53
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I know you have many questions. I hope this explains everything.
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Dec 25, 2017 02:55
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Thank you, I'm going to print out twenty color copies of this and bring them to family dinner tomorrow. I'm so tired of trying to explain this bullshit.Nessus posted:Apparently all the junkies hate it now because of the high fees and lengthy transaction times. The markets are all switching to monero.
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Dec 25, 2017 04:08
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Cheat sheet for family holiday interactions where bitcoin or any crypto currency is brought up: "No, don't." I've researched this for years, and now I'm sharing my hard earned labor with you.
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Dec 25, 2017 04:13
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XK posted:Cheat sheet for family holiday interactions where bitcoin or any crypto currency is brought up: It really does hurt to see people you care about get sucked in by this thing.  On the other hand, you can't save them from themselves.
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Dec 25, 2017 04:20
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XK posted:If nobody can tell me what Ethereum does, by noon EST, tomorrow, December 25th, I'm going to declare that anyone putting money into ETH is a big dummy. Wow what a threat
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Dec 25, 2017 04:23
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CassandraZara posted:Wow what a threat I can't take credit. I think Liam Neeson said it in that "Taken" movie.
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Dec 25, 2017 04:53
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XK posted:I can't take credit. I think Liam Neeson said it in that "Taken" movie. It was actually in Taken 2
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Dec 25, 2017 06:25
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might've been posted before but this thread spits out like 300 pages a day https://motherboard.vice.com/en_us/article/gywqem/now-you-can-literally-get-hosed-by-the-price-of-bitcoin
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Dec 25, 2017 06:27
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Tetracube posted:might've been posted before but this thread spits out like 300 pages a day quote:You might remember CamSoda from previous sex tech stunts. There was Ocast, which had me lick my disgusting phone screen to remotely control a sex toy, and OhRama, which allowed me to smell sweaty balls in virtual reality. I think this guy actually has a problem, and he's pretending he only knows of these things because he's a quirky off-beat reporter, ha ha. You can be a sex weirdo without writing articles about it, guy. motherboard is poo poo, vice is poo poo
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Dec 25, 2017 06:51
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Salt Fish posted:Bitcoin was essentially an art project made with code, and it's not the creators fault it got turned into a gambling vehicle for "investors". Crypto currencies are pretty cool from a conceptual standpoint and imagine if etherium version 2 or 3 succeed in turning all of the world's mining power towards solving difficult research problems. A system designed to solve hard problems that slowly gets worse at solving hard problems over time because of the overhead of everything that's happening in the system is not really a system that's good at solving problems.
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Dec 25, 2017 07:02
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Comfy Fleece Sweater posted:You idiots, Amazon is going to start taking bitcoin payments next year and you will be left crying, like a filthy NoCoiner, as you deserve
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Dec 25, 2017 08:28
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Sestze posted:We already had a system for this called Folding@Home and other opt-in cloud-computing endeavors. The problem is, when the ledger gets long enough, people stop really spending a lot of time "mining" (doing the hard problems) and start spending a lot more time doing the bullshit transaction logic. The mining was a reward to keep the lights on, the purpose of having said lights on was to allow for the transaction ledger to continually be updated. This post reads like you took 3-4 other posts that were basically factual and then glued them together into a new one that doesn't make any sense. The dude wanted to know why etherium exists and the answer is roughly that the author wanted to fix the wasteful nature of mining. I've seen dozens of people in this thread complain about all the waste involved in mining, so you'd think it'd be well received to have someone playing around with the basis of a partial fix. This iteration has some clear issues, but that's part of the process of inventing. It's not the protocol's fault that idiots pick up the open source project and try to speculate with it.
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Dec 25, 2017 08:30
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https://twitter.com/officialmcafee/status/944362194837360640
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Dec 25, 2017 09:00
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Salt Fish posted:This post reads like you took 3-4 other posts that were basically factual and then glued them together into a new one that doesn't make any sense. The dude wanted to know why etherium exists and the answer is roughly that the author wanted to fix the wasteful nature of mining. I've seen dozens of people in this thread complain about all the waste involved in mining, so you'd think it'd be well received to have someone playing around with the basis of a partial fix. This iteration has some clear issues, but that's part of the process of inventing. It's not the protocol's fault that idiots pick up the open source project and try to speculate with it. The reason for Ethereum existing is that roughly the author wanted to fix the wasteful nature of mining? Playing around with a partial fix? I'm just a dumb rear end on the Internet, and the only reason I threw down on Ethereum is because it's self-evidently dumb, and I know that nobody can provide a reasonable usage scenario for it. I haven't even gotten decent comedy answers. The best is crypto kitties, and near second is "playing around". It's like the third ranked crypto? 
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Dec 25, 2017 09:02
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Merry Bitmas
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Dec 25, 2017 09:09
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cum
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Dec 25, 2017 09:15
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Here in Australia: New Payments Platform to deliver instant bank transfers quote:BANKING customers will soon be able to farewell painful payment delays with money transferred to another person’s account to appear within a matter of seconds.
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Dec 25, 2017 09:23
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Toys For rear end Bum posted:Here in Australia: Glad to know that news.com.au articles get a pass through Google translate.
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Dec 25, 2017 09:33
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i have $4k in tether trapped in 'pending withdrawal' on hitbtc because i wanted to sell my shitcoin DENT and it had the best DENT volume. turns out hitbtc is freezing random withdrawals and hasn't responded to anybody for weeks  
ghosTTy fucked around with this message at 10:28 on Dec 25, 2017 |
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Dec 25, 2017 10:22
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new gf she a gamer posted:i have $4k in tether trapped in 'pending withdrawal' on hitbtc because i wanted to sell my shitcoin DENT and it had the best DENT volume. turns out hitbtc is freezing random withdrawals and hasn't responded to anybody for weeks
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Dec 25, 2017 10:41
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Bitcoin Santa came and he made me convert my present into elfbux before disappearing completely
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Dec 25, 2017 10:46
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My favorite crypto currency is Augur, which had an insane spike like a week ago for no reason. I had never even heard of it before and saw the reddit for it, where everyone is like “uhh, why is it going so high? Cool, I guess.” I don’t understand why so many currencies exist! Looking at the exchanges give me a huge list, along with the “popular” ones there are several I never heard of like Zcash trading for several hundred.
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Dec 25, 2017 11:07
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Original_Z posted:
All of them will be necessary in immediate future and due to their extremely limited supply and advanced Technologies they will change the Global industries and become new God
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Dec 25, 2017 11:10
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Let me explain why there are so many coinsWikipedia posted:Dogecoin (/ˈdoʊʒkɔɪn/ DOHZH-koyn,[2] code: DOGE, symbol: Ð[3] and D) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the "Doge" Internet meme as its logo.[4][5][6][7] Introduced as a "joke currency" on 6 December 2013, Dogecoin quickly developed its own online community and reached a capitalization of US$60 million in January 2014;[8] as of December 2017, it has a capitalization of US$308 million. (note: this is outdated the market cap is actually now $1.2 billion)
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Dec 25, 2017 11:30
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