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are there any scholars who can back my theory that the cocaine hard on of the 80s was codified and taught to econ students over the next few decades so there will always be a small self sustaining bubble of inexplicably semisuccessful jackasses
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Jul 17, 2019 04:56
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ghosTTy posted:Bitcoin is decentralized When you get of Fyad s probe, please respond to my question or face similar.
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Jul 17, 2019 05:14
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Reminder that the price of bitcoin currently is held almost single-handedly by an exchange going "yeah uh we totally have a couple billion dollars guys, can we sell you these IOUs for it in exchange for some bitcoin? No you can never cash the IOUs in and no we won't show you the dollars" It's almost magical in a sense
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Jul 17, 2019 07:41
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hey so now number go down again did anyone manage to document the full process of going USD in bank account -> Bitcoin -> more USD
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Jul 17, 2019 09:37
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Clockwerk posted:I think it’s still fair to say that it does matter, since every tether being backed by 1 United States dollar was a foundational principle of the confidence scam and this is the absolutely key point that the NY AG is concerned about this is what started the present fuss
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Jul 17, 2019 11:07
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isndl posted:How are you going to win the arms race against the current players who can expand their existing infrastructure for less than it would cost you to build new infrastructure? For a while, the equipment to mine butts developed so quickly, you had to buy new continuously just to remain at status quo: everybody else were getting new mining power so fast your share went down, and your costs were higher because the new equipment could mine more butts per megawatt. In that situation growing as a new player is as easy as remaining a significant player. Of course, many of the big players develop their own equipment, both as testbenches for customers or even legitimately. Well, it’s bitcoin so “legitimately.”
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Jul 17, 2019 11:41
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Dewgy posted:are there any scholars who can back my theory that the cocaine hard on of the 80s was codified and taught to econ students over the next few decades so there will always be a small self sustaining bubble of inexplicably semisuccessful jackasses No, that was about the Contras
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Jul 17, 2019 11:54
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Did butts go down?
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Jul 17, 2019 17:51
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Doccykins posted:hey so now number go down again did anyone manage to document the full process of going USD in bank account -> Bitcoin -> more USD Uranium 235 fucked around with this message at 18:20 on Jul 17, 2019 |
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Jul 17, 2019 18:10
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Jul 17, 2019 18:22
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How is someone this dumb smart enough to use a computer
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Jul 17, 2019 19:58
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Numba go sideways and back
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Jul 17, 2019 21:54
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Bust Rodd posted:How is someone this dumb smart enough to use a computer The most amazing thing about people who post things like that is that everyone always responds telling them it's a terrible idea and they always follow up by posting that they're going to do it anyway.
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Jul 17, 2019 23:25
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Have you heard of Zaurg?
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Jul 18, 2019 01:13
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MrUnderbridge posted:Have you heard of Zaurg? You just know that dumbass has coins again
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Jul 18, 2019 03:19
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PathAsc posted:You just know that dumbass has coins again The dip; buy it.
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Jul 18, 2019 03:56
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Uranium 235 posted:why wouldn't the latter method count? that rules out any US exchange like coinbase or gemini i am reliably told that coinbase is a scam https://twitter.com/Fab00se/status/1151327385733779456
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Jul 18, 2019 15:39
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Bitcoiner definition of a scam site: a site that takes 10% of your money instead of taking it all
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Jul 18, 2019 16:45
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Bitcoin made “honest ponzi” a phrase and I love it.
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Jul 18, 2019 16:53
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number go up
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Jul 18, 2019 17:39
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El_Elegante posted:Bitcoin made “honest ponzi” a phrase and I love it.
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Jul 18, 2019 18:40
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Number goes up 1000 in a few minutes. That makes perfect sense.
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Jul 18, 2019 19:17
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Don't forget the obvious response to number go up: number go down.
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Jul 18, 2019 20:26
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Gobbeldygook posted:The concept of an "honest ponzi" predates bitcoin, but they were also often called high yield income programs. As banks wouldn't touch them they were one of the use cases of the pre-bitcoin digital currencies like e-gold, pecunix, webmoney, etc. What was honest about HYIP? I thought they went to great lengths to hide that they were ponzi schemes.
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Jul 18, 2019 20:39
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"Honest ponzi" is far funnier than "high yield income program" IMO. Say it out loud or use it in a sentence. I run an honest ponzi using bitcoins. But is it more lucrative than pretending to be Elon Musk on Twitter creating crypto giveaways?
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Jul 18, 2019 20:45
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Bitcoin was better when it was all about small time scammers (Pirate Savings & Trust) or incompetent people trying to start a business in the worst way possible (smelting Gold ingots, Woolong device).
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Jul 18, 2019 20:50
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Lambert posted:Bitcoin was better when it was all about small time scammers (Pirate Savings & Trust) or incompetent people trying to start a business in the worst way possible (smelting Gold ingots, Woolong device). "was"?
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Jul 18, 2019 23:30
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Pochoclo posted:"was"? I feel like all the action is in pumping & dumping now, only the lowest-effort scams are left (money doublers, ie). I want more Bitcoin dried strawberries and pre-mined mining hardware.
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Jul 18, 2019 23:40
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i miss the purity of watching a YouTube video of a guy smelting an ingot in his driveway and then pounding on it like a demented chimpanzee
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Jul 19, 2019 00:03
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Lambert posted:Bitcoin was better when it was all about small time scammers (Pirate Savings & Trust) or incompetent people trying to start a business in the worst way possible (smelting Gold ingots, Woolong device). Strawberry jerky
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Jul 19, 2019 00:14
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Lambert posted:Bitcoin was better when it was all about small time scammers (Pirate Savings & Trust) or incompetent people trying to start a business in the worst way possible (smelting Gold ingots, Woolong device).
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Jul 19, 2019 00:17
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Azathoth posted:i miss the purity of watching a YouTube video of a guy smelting an ingot in his driveway and then pounding on it like a demented chimpanzee I never knew I needed to see this, do you got a link to it?
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Jul 19, 2019 00:48
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I don't think Logansryche, woolong device or The Adventures of Dank really hold a candle to some of the other early-thread misadventures but different people gonna like different things self-administered brain damage, the exchange hosted on a backup-less Amazon instance, and BITCOIN IS CRASHING SELL SELL SELL were some of my initial favorites also it's hard to call Pirateat40 small time when that guy would be a bitcoin billionaire if he had managed to keep the money
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Jul 19, 2019 02:18
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My favorite* part of the Pirateat40 story was all these things that were like "Oh no your bitcoin investment is not being put into Pirate's ponzi scheme" (they all were, one and all)
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Jul 19, 2019 02:40
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orange juche posted:I never knew I needed to see this, do you got a link to it? i just tried to find it and sorry, no luck. the guy's name was johnnywalker or something similar if you want to try your luck
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Jul 19, 2019 03:56
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ymgve posted:I mean, sure, if someone uses a card when buying stuff. But if someone uses cash without a membership card, they don't know who that person is. Unless they know which bank account that bill came from, which is what the ATM withdrawal scanning fixes. Congratulations on saying some of the most blatantly stupid poo poo in a thread packed to the brim with stupid poo poo.
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Jul 19, 2019 11:26
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i wrap my membership card in tin foil so they can't track me
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Jul 19, 2019 13:16
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orange juche posted:I never knew I needed to see this, do you got a link to it? https://www.youtube.com/watch?v=YKak7tPxd2M https://www.youtube.com/watch?v=9xumuMXUyRQ
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Jul 19, 2019 18:11
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lmao he takes lovely garbage silver, performs basic arithmetic and determines that combining two items that are half silver equal pure silver.
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Jul 20, 2019 05:44
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orange juche posted:determines that combining two items that are half silver equal pure silver.
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Jul 20, 2019 14:05
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