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Of course. It's bitcoin. Maybe TCC has a thread taking about crypto applications.
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Nov 23, 2019 11:49
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HELLOMYNAMEIS___ posted:I must admit that I have used Bitcoin for international money transfers. It's pretty nice compared to the normal international bank wires, but that's precisely because nobody uses it - otherwise, the 7 Transactions Per Second thing would not allow me to gain a time advantage. Source your quotes
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Nov 23, 2019 12:13
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jre posted:Source your quotes
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Nov 23, 2019 15:31
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Magrov posted:here you go
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Nov 23, 2019 16:31
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Sniep posted:i htink its all piss
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Nov 23, 2019 17:30
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The Management posted:has bitcoin solved a real world problem yet? yes, it helped ensure that sociopath drug kingpin and attempted murderer ross ulbricht is no longer a threat to innocent lives
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Nov 23, 2019 17:34
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The Management posted:has bitcoin solved a real world problem yet? It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee.
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Nov 23, 2019 18:06
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bitcoin is amazing in the sense that you ask "what is bitcoin/what's its purpose" to butters and no one will give the same answer
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Nov 23, 2019 18:16
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how is something that's dropped over 3k in a week a phenomenal store of value
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Nov 23, 2019 18:16
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Soricidus posted:yes, it helped ensure innocent website creator and all around good boy ross ulbricht is put in a cage by men with guns
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Nov 23, 2019 18:17
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Boxturret posted:how is something that's dropped over 3k in a week a phenomenal store of value Ya, maybe. If BTC dips I can buy more before the general public understands what absolute scarcity means. If it pumps I make money. Win-win. Don't care.
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Nov 23, 2019 18:18
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is it a store of value? is it a currency? is it stock? all of them? none of them? who knows! just pour all your life savings into it
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Nov 23, 2019 18:18
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Boxturret posted:how is something that's dropped over 3k in a week a phenomenal store of value In the same way that a strainer is a phenomenal store of water
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Nov 23, 2019 18:18
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also something that you believe will undergo an asymptotic rise to multi billions of dollars isn't really a good store of value either
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Nov 23, 2019 18:19
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lol "scarcity" who the gently caress cares there are many, many things that are scarcer than bitcoin. liike i dunno, someone probably preserved a turd pooped by john lennon. is it an even better store of value that bitcoin?
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Nov 23, 2019 18:20
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i can literally download the bitcoin code and change the max value of 21 million to 21. did i just create a store of value a million times better than bitcoin?
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Nov 23, 2019 18:21
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Suspicious posted:i can literally download the bitcoin code and change the max value of 21 million to 21. did i just create a store of value a million times better than bitcoin? Yes
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Nov 23, 2019 18:22
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klafbang posted:And BTC has the BWM thread, where butts also come up. wonder why that is
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Nov 23, 2019 18:35
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Its like gold. Is gold a rogue currency too? That its digital, and can therefore compete with fiat currencies (unlike gold), is what has everyone scared of this stuff.
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Nov 23, 2019 18:37
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fuckin lomarf
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Nov 23, 2019 18:39
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Vanity Fair has a nice piece on QuadrigaCX https://www.vanityfair.com/news/2019/11/the-strange-tale-of-quadriga-gerald-cotten no new news, but collects it all in one place for a general audience
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Nov 23, 2019 18:42
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browsers castle posted:Its like gold. Is gold a rogue currency too? That its digital, and can therefore compete with fiat currencies (unlike gold), is what has everyone scared of this stuff. currency? but i thought it was a store of value! browsers castle posted:It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee.
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Nov 23, 2019 18:45
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Suspicious posted:currency? but i thought it was a store of value! Oh you mean Bitcoin? Ya that's Bitcoin.
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Nov 23, 2019 18:49
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browsers castle posted:absolute scarcity Bitcoin Bitcoin Cash Bitcoin SV Bitcoin Gold Bitcoin Diamond Bitcoin 2 Bitcoin 21 BitcoinHD BitcoinDark Bitcoin Green Bitcoin Red Bitcoin CZ Bitcoin Classic Token Bitcoin Scrypt Bitcoin Interest Bitcoin Rhodium Bitcoin Atom Bitcoin Confidential Bitcoin Private Bitcoin Incognito Bitcoin Turbo Koin Bitcoin Fast Bitcoin X BitcoinX BitcoiNote Bitcoinus eBitcoin Lightning Bitcoin LiteBitcoin Super Bitcoin First Bitcoin Wrapped Bitcoin Tonal Bitcoin Bitcoiin
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Nov 23, 2019 18:51
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Sham bam bamina! posted:post the linear scale, that was the best one  couldnt find the updated version...
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Nov 23, 2019 18:53
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Boxturret posted:Bitcoin Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money.
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Nov 23, 2019 19:01
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browsers castle posted:Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money. look at this heretic denying the existence of satoshi and his millions of teeth
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Nov 23, 2019 19:02
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....wait do you think bitcoin was spontaneously generated and is self maintaining 
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Nov 23, 2019 19:05
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til goons are almost as bad as redditors at recognizing sarcasm and fakeposts browsers castle is not a sincere bitcoiner
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Nov 23, 2019 21:57
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...! posted:til goons are almost as bad as redditors at recognizing sarcasm and fakeposts says you .."craig "satoshi" wright".!
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Nov 23, 2019 22:07
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Magrov posted:
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Nov 23, 2019 22:52
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...! posted:browsers castle is not a sincere bitcoiner I care. I have some. Just not so much that if the price does one thing and not the other, it matters for me. Too many people need the price to do one thing and not the other - those people will have to take a loss and leave the space before we can see a recovery.
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Nov 23, 2019 23:05
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i don't care about the price. all we need is for the people who care about the price then we can finally reach a trillion dollars a bitcoin
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Nov 23, 2019 23:43
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browsers castle posted:Ya, maybe. If BTC dips I can buy more before the general public understands what absolute scarcity means. If it pumps I make money. Win-win. Don't care. browsers castle posted:Nothing competes with Bitcoin. There's nobody behind Bitcoin; this is principal part of the value proposition. Anything that comes next will have people behind it. Bitcoin is of the internet, crypto startups are just people trying to print their own money.
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Nov 24, 2019 00:53
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divabot posted:Vanity Fair has a nice piece on QuadrigaCX thanks for the link, that made a narrative out of all the random quadriga news bits that have happened over time that I’d completely forgotten the intersection with the krassenstein brothers was a surprise laugh too lol
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Nov 24, 2019 04:29
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I respect this new thread for refreshing the lol well with coin believers
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Nov 24, 2019 08:55
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Iron Prince posted:I respect this new thread for refreshing the lol well with coin believers Agreed. I'm going to invest $1 into bit coin right now. If it does take off to the moon as said, that's 238,900 mi from earth, and I live in Denver, CO at mile high altitude, so I should expect a cool 240k ez bucks if this ever does actually take off.
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Nov 24, 2019 09:26
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divabot posted:Vanity Fair has a nice piece on QuadrigaCX you sure are posting a lot for someone who’s dead, “david” gerald cotten
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Nov 24, 2019 09:39
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Soricidus posted:you sure are posting a lot for someone who’s dead, “david” gerald cotten This sounds like someone who would invest in MilkCoin
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Nov 24, 2019 15:22
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browsers castle posted:It is what it was meant to become. Ok. YouTube was meant to be a dating site. Sometimes the creators are on to something without nailing it the first time. Bitcoin is a phenomenal store of value, that doesn't need to be used to purchase coffee any more than flecks of gold on a scale at the register need to be used to purchase coffee. gold is also a purely speculative asset whose value could plunge at any moment why on earth would you use that as your model
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Nov 24, 2019 17:15
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