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Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
cryptocurrency: a corruption of crypto current sea, a sea containing currents where cryptozoological marvels such as nessie and bigfoot swim freely

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Munin
Nov 14, 2004


Boxturret posted:

cryptocurrency: a corruption of crypto current sea, a sea containing currents where cryptozoological marvels such as nessie and bigfoot swim freely

this would be awsome and hence makes it as removed from any likely definition of cryptocurrencies as could be.

Soricidus
Oct 21, 2010
freedom-hating statist shill

Boxturret posted:

cryptocurrency: a corruption of crypto current sea, a sea containing currents where cryptozoological marvels such as nessie and bigfoot swim freely

nice try statist but you won’t trick me into acknowledging admiralty jurisdiction that easily

AlbieQuirky
Oct 9, 2012

Just me and my 🌊dragon🐉 hanging out

Paladinus posted:

It's the only way to effectively put blocks on a chain.

despite all my pain, i am still just a block on a chain

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.

AlbieQuirky posted:

despite all my pain, i am still just a block on a chain

[Lincoln Park voice] Mining the blooooooooooock chaaaaaaaaain

Paladinus
Jan 11, 2014

heyHEYYYY!!!
Some
Body once told me
The chain is gonna block me

mbt
Aug 13, 2012

EorayMel posted:

[Lincoln Park voice] Mining the blooooooooooock chaaaaaaaaain

Lincoln lol

Munkeymon
Aug 14, 2003

Motherfucker's got an
armor-piercing crowbar! Rigoddamndicu𝜆ous.



China is already a world leader in chaining up Uyghurs in cell blocks

EorayMel
May 30, 2015

WE GET IT. YOU LOVE GUN JESUS. Toujours des fusils Bullpup Français.

It's off-brand marketing to throw off the men with guns.

Soricidus
Oct 21, 2010
freedom-hating statist shill
block china

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Soricidus posted:

block china

rude

Paladinus
Jan 11, 2014

heyHEYYYY!!!
Me Chinese, me play a joke, me put chain around your block.

(I am sorry in advance)

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
cool racism in the 'pos today

mbt
Aug 13, 2012

Boxturret posted:

cool racism in the 'pos today
You think racism is cool? For shame

Plank Walker
Aug 11, 2005

did you know? the "linkin" in "linkin park" is a reference to "linking" blocks together, on a chain

Qwertycoatl
Dec 31, 2008

nice article explaining what's going on with tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

quote:

A friend of mine, who works in finance, asked me to explain what Tether was.

Short version: Tether is the internal accounting system for the largest fraud since Madoff.

Read on for the long version.

.....

The world’s biggest cryptocurrency hedge fund is a fraud.

This is a materially different story from the evidence on record today. I’m long popcorn futures for the coming litigation.

Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope

buttcoin

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

more like linkin log[i]![/i]

gschmidl
Sep 3, 2011

watch with knife hands

Qwertycoatl posted:

nice article explaining what's going on with tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

Triple Heath Ledger as the Joker Accounting

Zamujasa
Oct 27, 2010



Bread Liar

Qwertycoatl posted:

nice article explaining what's going on with tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

this is just fraud. buy buy buy

jre
Sep 2, 2011

To the cloud ?



Qwertycoatl posted:

nice article explaining what's going on with tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

quote:

Bitfinex and its principals have not yet been indicted by the U.S. Attorney for the Southern District of New York, but crucially, not in the same sense that you have not been indicted by the U.S. Attorney for the Southern District of New York.
:allears:

BMan
Oct 31, 2015

KNIIIIIIFE
EEEEEYYYYE
ATTAAAACK



lol that's cribbed from "Four Days Trapped at Sea With Crypto’s Nouveau Riche"

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
that's what makes it great

AlbieQuirky
Oct 9, 2012

Just me and my 🌊dragon🐉 hanging out
great callback to greatest buttjournalism

Midjack
Dec 24, 2007



AlbieQuirky posted:

great callback to greatest buttjournalism

https://breakermag.com/trapped-at-sea-with-cryptos-nouveau-riche/

still not a fan of the magical hippie party interlude but the rest is good.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Midjack posted:

still not a fan of the magical hippie orgy interlude but the rest is good.

Axe-man
Apr 16, 2005

The product of hundreds of hours of scientific investigation and research.

The perfect meatball.
Clapping Larry

AlbieQuirky posted:

great callback to greatest buttjournalism

i now know way more about that journalist than i ever cared too, and it sounds like the sleaziest cruise fuckin pregnancy tests for fucks sake

Munin
Nov 14, 2004


Midjack posted:

still not a fan of the magical hippie party interlude but the rest is good.

after days of being stuck on a boat with coiners anything other than that would come across as sweet miraculous relief

Doccykins
Feb 21, 2006
:gerard: status: banned from China

https://www.independent.co.uk/life-style/gadgets-and-tech/news/china-cryptocurrency-blockchain-bitcoin-a9176636.html

BMan
Oct 31, 2015

KNIIIIIIFE
EEEEEYYYYE
ATTAAAACK


lmao, I wonder how many bitcoins Xi bought

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

BMan posted:

lmao, I wonder how many bitcoins Xi bought

eleven

Bulgakov
Mar 8, 2009


рукописи не горят



feel like I'd seen this before but still :hmmyes:

Jonny Nox
Apr 26, 2008






I get this joke.


go me!

Bulgakov
Mar 8, 2009


рукописи не горят

Qwertycoatl posted:

nice article explaining what's going on with tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/

that was nice

CampingCarl
Apr 28, 2008




looking forward to china pushing that bitcoin is a scam because it would compete with the state's cryptocurrency

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

CampingCarl posted:

looking forward to china pushing that bitcoin is a scam because it would compete with the state's cryptocurrency

well, it's true

imagine bitcoiners trying to deny all the years of "BITCOIN WILL DESTORY F.I.A.T. CURRENCIES AND KILL EVERYONE"

Gobbeldygook
May 13, 2009
Hates Native American people and tries to justify their genocides.

Put this racist on ignore immediately!
https://twitter.com/tonyhawk/status/1189652368037535744?s=19

Munin
Nov 14, 2004


Btw, anyone put together good estimates of what the main drivers of bitcoin volume and activity is? I.e. speculation, vs scams, vs ransomware etc. How much of the fresh capital is people paying criminal extortion rings?

Beelzebufo
Mar 5, 2015

Frog puns are toadally awesome


Munin posted:

Btw, anyone put together good estimates of what the main drivers of bitcoin volume and activity is? I.e. speculation, vs scams, vs ransomware etc. How much of the fresh capital is people paying criminal extortion rings?

Tether is the main underpinning of the economy now. Presumably new money is flowing in through the exchanges but most of the valuation are coming from the new central buttbank.

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Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope

and there it is...

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