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Moxxis Endowment posted:Yeah, and this is you in ten years when the dollar collapses: Goldbugs have been making that prediction since we left the gold standard Then a lot of goldbugs transitioned to bitcoin but are still making the same wrong prediction that they've been making for decades, while somehow convincing themselves that bitcoin mining is totally feasible in post-apocalyptic scenarios where people are fighting for food and shelter
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Jan 26, 2018 01:44
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post-apocalypse but all the satellite phones and radio frequencies are jammed by people mining bitcoin over 56k
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Jan 26, 2018 01:47
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QuarkJets posted:Goldbugs have been making that prediction since we left the gold standard You can mine bitcoins by hand 🙄 Bitcoin is backed by Math
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Jan 26, 2018 02:01
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QuarkJets posted:Goldbugs have been making that prediction since we left the gold standard well I think they're more anticipating another Great Depression/Weimar Republic situation, which is more likely than a total societal collapse and a situation where having hard commodity money probably would be advantageous there are people who obviously do anticipate the apocalypse but those people are self-evidently idiots- if you think the Big One is coming you should be preparing to survive that rather than making a wild speculation about what the mutants inhabiting Bartertown will use as currency
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Jan 26, 2018 02:06
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FillInTheBlank posted:https://www.reddit.com/r/LivestreamFail/comments/7sujf1/athene_full_exposed_as_scam_artist_promoting_a/ I watched this guys video and he's insane. Also, it reminded me a lot of this: https://www.youtube.com/watch?v=jBbLpxLglz0
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Jan 26, 2018 02:08
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Salt Fish posted:I watched this guys video and he's insane. Also, it reminded me a lot of this: I made it 10 seconds wtf. In any case, if btc isn’t a currency now, why does it have coin in the name?
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Jan 26, 2018 02:16
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wolf's bitcoin chat. it's a good listen. https://www.youtube.com/watch?v=iKMpLFCbLz4&t=864s zaurg fucked around with this message at 04:50 on Jan 26, 2018 |
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Jan 26, 2018 04:36
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Starting to wonder if it will drop 1600 in the next 16 hours.
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Jan 26, 2018 04:49
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Salt Fish posted:I watched this guys video and he's insane. Also, it reminded me a lot of this: "I am going to tell you how to get rich easily!" Rubes eat this poo poo up.
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Jan 26, 2018 04:51
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Dairy Days posted:post-apocalypse but all the satellite phones and radio frequencies are jammed by people mining bitcoin over 56k Except if the dollar collapses none of those things are running
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Jan 26, 2018 05:39
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LGD posted:well I think they're more anticipating another Great Depression/Weimar Republic situation, which is more likely than a total societal collapse and a situation where having hard commodity money probably would be advantageous Yeah those are the ones I think are the most funny. They're the same ones who were raising funds for a bitcoin satellite a couple of years back so that after the world ends you'll still be able to transact with others using the bitcoin network, via the satellite. If you read that sentence and thought "wait, that doesn't sound like it would work at all" then you've already given more thought to this than any of them ever did
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Jan 26, 2018 06:41
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paternity suitor posted:Except if the dollar collapses none of those things are running Unfortunately, crypto is is pretty much worthless as a day to day currency in any scenario. Thank you thread for introducing me to the cavemen videos. Khorne fucked around with this message at 06:47 on Jan 26, 2018 |
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Jan 26, 2018 06:44
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You know, Alpha Mayo, I would gladly pay for your forums re-reg... if only Something Awful accepted bitcoins... ☹️ Maybe one day Lowtax will see the light...
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Jan 26, 2018 07:09
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paternity suitor posted:Except if the dollar collapses none of those things are running
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Jan 26, 2018 07:46
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zaurg posted:wolf's bitcoin chat. it's a good listen. This was a good listen and it was interesting to get the perspective of someone who might actually understand what a credit swap is. It's clear he didn't just write it all off either and he's actually looked into bitcoin to understand what's going on, and telling he won't touch it with a 10 foot pole.
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Jan 26, 2018 08:22
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i showed my girl raiblocks and how quick it is... i told her about the concept of crypto currencies and how most of our money is already digital, but we have no system of trust... she had a moment of enlightenment and understood cryptos and the hype. this poo poo is wild, seeing her beautiful face light up, being woken up. we made love like never before, with deeper understanding of the world of tomorrow and of each other.... i feel like raiblocks just got me laid. thank you, everyone. y'all did this. the random guy on reddit who shilled me the coin did this.
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Jan 26, 2018 08:53
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500 down, 1000 to go
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Jan 26, 2018 09:18
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Pretty much free fall right now, Alpha Mayo validation maybe happening
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Jan 26, 2018 09:24
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Marketing New Brain posted:This was a good listen and it was interesting to get the perspective of someone who might actually understand what a credit swap is. It's clear he didn't just write it all off either and he's actually looked into bitcoin to understand what's going on, and telling he won't touch it with a 10 foot pole. Basically he presents all of the arguments that the really devout bitcoiners in this thread dismiss as FUD; market's manipulated to poo poo and a whole bunch of people are going to get hurt by it over and over until the price eventually plummets for good, and Bitcoin specifically is not the future of currency because it's trash
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Jan 26, 2018 09:27
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Here we go
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Jan 26, 2018 09:35
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Apparently Coincheck, one of Japan’s biggest exchanges got hacked and all trading is suspended. Oops!
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Jan 26, 2018 09:39
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he peein
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Jan 26, 2018 09:44
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lmao
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Jan 26, 2018 10:14
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Original_Z posted:Apparently Coincheck, one of Japan’s biggest exchanges got hacked and all trading is suspended. Oops!
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Jan 26, 2018 10:30
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600 more to go
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Jan 26, 2018 10:32
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I'm supposed to work but watching number go down is suddenly a lot more interesting! Rooting for Alpha Mayo!
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Jan 26, 2018 10:36
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$500 price swings in the space of an hour are totally fine for a currency
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Jan 26, 2018 10:40
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It wants to crash so hard right now Meanwhile Alpha Mayo: 
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Jan 26, 2018 10:55
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lmao they stole all the NEM. As a normal person, with no interest in buying NEM, I am 100% safe from having all my NEM stolen but some people decided they wanted to buy NEM and then have it stolen 
lazorexplosion fucked around with this message at 12:16 on Jan 26, 2018 |
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Jan 26, 2018 12:03
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Anyone listen to the Reply All podcast? It's pretty great, and this episode is about bitcoins. I don't want to spoiler it (and I'm only half way through) but I reckon you nerds will like it.... The podcast... https://gimletmedia.com/reply-all/ Specific episode to listen to "#115 The Bitcoin Hunter" https://megaphone.link/GLT5036262853 -edit- Yeah, highly recommended. Funny as gently caress YerDa Zabam fucked around with this message at 12:10 on Jan 26, 2018 |
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Jan 26, 2018 12:07
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I've listened to reply all on and off and their tech mystery episodes are usually great
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Jan 26, 2018 12:24
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I enjoyed it and did so even more having read Diva's book.
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Jan 26, 2018 12:31
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1400 btc stand between alpha mayo and safety when the price drops this significantly there's often a period of consolidation before another steep drop if there is another drop, it only needs to be half as large as the one overnight to get past 9900
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Jan 26, 2018 13:16
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I wanted to write this post for a couple reasons. The first and primary reason for me is an attempt to make something positive out of something so tremendously negative that happened to me. The second reason is to try and mitigate the possibility of this ever happening to anyone else. If even one person can learn from my mistake, I’ll call that a victory. I recently lost 5000 lumens while I was trying to secure them in Stellar's web wallet. At the time of writing those lumens were worth approximately $3000. It was the bulk of all my savings. I dare not think how much it will be worth in the coming future. First and foremost, this was not a glitch or a bug or in any way the wallet’s fault. This was the result of me rushing the process to get back to my day job. Some of this will be brain-dead obvious for a lot of you, and I thought it was obvious to me, but sometimes in your haste you can be careless. So I want to outline the steps for any future wallet makers and make sure they do not repeat the mistakes I made. The wallet I was using was Stellar’s own simple web wallet, called the Stellar Account Viewer. First and foremost I recommend going to the site right now and pressing the generate button. You will then see something like this. I didn't really need to blur out the keys in this screenshot but I did anyway just so people didn't get any weird ideas. Stare at this screen for some time and pay special attention to the bottom key that were generated. This is the one and only time the Stellar Account Viewer is going to show you this secret key. Ever. The website doesn't put anything in red. It doesn't draw any arrows. It gives equal aesthetic prominence to both your public and secret key. It is at this point that you need to record that secret key somewhere permanent, secure and I suggest in multiple places (all secured). Once you copy that secret key into above box and click sign in, you will be taken to a screen like this and then that is it. If you did not record your secret key, it is gone forever. The key you see at the top of this page is the public key, which you can use to send lumens to this wallet. You can give your public key to anyone. It is useless to them unless they want to send you free lumens. For me, it was at this point that I sent 5000 lumens to my brand new wallet. I thought I had my private key recorded. I also figured the private key was written down somewhere on this web page. It had to be, right? It has to be like any online account, it's probably hidden in settings somewhere? Wrong. The private key is only shown to you that one time on the previous page. It is gone now. All my savings and investment were gone too. I had tried to make my lumens more secure, and I succeeded. No one on the planet will ever be able to use these lumens again.
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Jan 26, 2018 13:16
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https://twitter.com/alistairmilne/status/956829257929576448 he's in europe so i think the shorts coincide with the time of the drop
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Jan 26, 2018 13:21
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Uranium 235 posted:https://twitter.com/alistairmilne/status/956829257929576448 It's Alpha Mayo manipulating the market to avoid a ban on a dead gay forum
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Jan 26, 2018 13:24
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Double Bill posted:It's Alpha Mayo manipulating the market to avoid a ban on a dead gay forum Completely within the spirit of a toxx, imo.
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Jan 26, 2018 13:31
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Crashing an entire market to save  Alpha indeed
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Jan 26, 2018 13:35
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lazorexplosion posted:I wanted to write this post for a couple reasons. The first and primary reason for me is an attempt to make something positive out of something so tremendously negative that happened to me. The second reason is to try and mitigate the possibility of this ever happening to anyone else. If even one person can learn from my mistake, I’ll call that a victory. goddamn so it's like myetherwallet? but myetherwallet gives hundreds of warnings and step by step ensures you backup properly
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Jan 26, 2018 13:38
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zaurg posted:goddamn The good news is that the wallet site owners probably has the key recorded somewhere safe for their exit scam.
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Jan 26, 2018 13:50
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