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AnimeIsTrash
Jun 30, 2018

Zamujasa posted:

lol xtal got threadbanned from the gray bitcoin thread

another block minted on the laffchain

Lmfao I was wondering where my favorite anarchist went.

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DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

Shumagorath posted:

it's some gift of the magi thing

I was gonna post…

quote:

buttcoin: grift of the magi

I scrolled down and saw you caught it in your own post :dance: .

Chadzok
Apr 25, 2002


I really like this. like, I just think it is great. it's just adorable, and will lead to good things.

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

FrozenVent posted:

buttcoin.orggov

:trumppop:

SYSV Fanfic
Sep 9, 2003

by Pragmatica
What exactly is circle's affiliation with coinbase?

Chris Knight
Jun 5, 2002

me @ ur posts


Fun Shoe

Zamujasa posted:

every ten minutes
confirmed!

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

jisforjosh posted:

you just unlocked some recessed bitcoin memory

“Man who owns no bitcoin searches landfill in desperate attempt to remember long lost bitcoin comedy “

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
i wonder what sequence of events led to jorge stolfi shooting a laser from his nose

Armitag3
Mar 15, 2020

Forget it Jake, it's cybertown.


Boxturret posted:

i wonder what sequence of events led to jorge stolfi shooting a laser from his nose

Just a light allergy.

infernal machines
Oct 11, 2012

we have sealed ourselves away behind our money, growing inward, generating a seamless universe of self.

Armitag3 posted:

Just a light allergy.

hmm

DerekSmartymans
Feb 14, 2005

The
Copacetic
Ascetic

Armitag3 posted:

Just a light allergy.

:golfclap:

Alan Smithee
Jan 4, 2005


A man becomes preeminent, he's expected to have enthusiasms.

Enthusiasms, enthusiasms...

Boxturret posted:

i wonder what sequence of events led to jorge stolfi shooting a laser from his nose

no mr bond I expect you hodl

Cerv
Sep 14, 2004

This is a silly post with little news value.

cops raiding a cannabis farm disappointed to discover it's actually bitcoin miners

https://www.bbc.co.uk/news/uk-england-birmingham-57280115

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Cerv posted:

cops raiding a cannabis farm disappointed to discover it's actually bitcoin miners

https://www.bbc.co.uk/news/uk-england-birmingham-57280115

quote:

The computer equipment has been seized but no arrests have been made, the force said.

melt them down :pray:

Grace Baiting
Jul 20, 2012

Audi famam illius;
Cucurrit quaeque
Tetigit destruens.



transmute 'em into dried strawberries imo
        and blueberries

Mercury_Storm
Jun 12, 2003

*chomp chomp chomp*
Bill Cosby was just denied parole...


.....which sounds like a great time to bring back the COSBYCOIN ICO!! INVEST NOW!!!!!!

Soylent Pudding
Jun 22, 2007

We've got people!


Glad to see someone other than our Wikipedia vampire calling out the role of cryptocurrency in enabling our ransomware crisis: https://www.lawfareblog.com/ransomware-problem-bitcoin-problem

cool av
Mar 2, 2013

well well well, looks like bitcoin does have a use after all. bet you won't be so down on it when the banks all decide you're the bad guy and your only other option is crypto.

Beelzebufo
Mar 5, 2015

Frog puns are toadally awesome


https://twitter.com/whale_alert/status/1398263869555068928?s=09

Sapozhnik
Jan 2, 2005

Nap Ghost
*extends pinky*

ultrafilter
Aug 23, 2007

It's okay if you have any questions.



:tif:

Splicer
Oct 16, 2006

from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

Gazpacho posted:

your tone is facetious but now all forums are bitcoin forums
No I meant it literally, "that time bitcoin crashed because of a forum post" could probably refer to dozens of different occasions.

infernal machines
Oct 11, 2012

we have sealed ourselves away behind our money, growing inward, generating a seamless universe of self.

at what point do they exceed the amount of usd in circulation?

Mr. Nice!
Oct 13, 2005

c-spam cannot afford



infernal machines posted:

at what point do they exceed the amount of usd in circulation?

there are 1.2tn dollars or so in circulation. i think they still have a while to go. however, in order for usdt to be backed by usd, that would mean they already have an appreciable percentage of all usd period which is dubious at best.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
print the qunitillion tether you cowards

Shame Boy
Mar 2, 2010

Mr. Nice! posted:

there are 1.2tn dollars or so in circulation. i think they still have a while to go. however, in order for usdt to be backed by usd, that would mean they already have an appreciable percentage of all usd period which is dubious at best.

idk if you missed it but a few weeks ago we learned that 100% of tethers are fully backed 100% by 3% cash

Mr. Nice!
Oct 13, 2005

c-spam cannot afford



Shame Boy posted:

idk if you missed it but a few weeks ago we learned that 100% of tethers are fully backed 100% by 3% cash

i'm aware, and i think 3% is probably generous. they're backed by nothing but crypto hopes and prayers. i was mainly pointing out how absurd it would be for someone to be holding half a bezos or so in cash.

PostNouveau
Sep 3, 2011

VY till I die
Grimey Drawer
Love my decentralized currency where one institution prints all the money

Shame Boy
Mar 2, 2010

PostNouveau posted:

Love my decentralized currency where one institution prints all the money

um excuse me, it's now two, therefore it's not a problem

EorayMel
May 30, 2015

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

Only registered members can see post attachments!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

making that was my proudest moment on these somewhat awful forums

Shame Boy
Mar 2, 2010

Boxturret posted:

making that was my proudest moment on these somewhat awful forums

i think i paid for it, it's real good thanks for makin' it

Shame Boy
Mar 2, 2010

also i'm very into nice 10" BBC's (big black coins)

The_Franz
Aug 8, 2003

https://twitter.com/nycjim/status/1398277021923414018?s=20

SubG
Aug 19, 2004

It's a hard world for little things.
whats this fud about "stolen" electricity. that was all excess electricity that would have just gone bad sitting around in the outlets if someone didn't use it. its like they don't understand power generation at all

Fame Douglas
Nov 20, 2013

by Fluffdaddy
Yeah, I really hate when I have to drain my outlets because too much electricity has built up.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
you store the energy in the bitcoins until you need it then you can insert the bitcoins into an electronic device and power it

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.
https://www.sec.gov/litigation/complaints/2021/comp-pr2021-90.pdf

quote:

Case 1:21-cv-04791 Document 1 Filed 05/28/21 Page 1 of 39

SECURITIES AND EXCHANGE COMMISSION,
Plaintiff,

-against-

TREVON BROWN,
CRAIG GRANT,
JOSHUA JEPPESEN,
RYAN MAASEN, and
MICHAEL NOBLE,
Defendants,

-and-

LAURA MASCOLA,
Relief Defendant.

[...]

1. From approximately January 2017 to January 2018, BitConnect, an unincorporated organization, raised approximately $2 billion by conducting an unregistered offering and sale of securities in the form of investments into BitConnect’s “lending program.” Defendants Brown, Grant, Maasen, and Noble, along with BitConnect itself and others, offered and sold the lending program as securities without registering the offering with the SEC as required by the federal securities laws and without a valid exemption from this registration requirement. Defendant Jeppesen aided and abetted BitConnect’s unregistered offer and sale of these securities.

Shame Boy
Mar 2, 2010


i like that they started trying to do it half-way decently with the distribution box and then just gave up and ran extension cords everywhere

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The_Franz
Aug 8, 2003

Shame Boy posted:

i like that they started trying to do it half-way decently with the distribution box and then just gave up and ran extension cords everywhere

the uk in general has a smug sense of superiority about wiring practices that are correctly seen as dangerous and thus illegal everywhere else

the best part is that the british pork patrol clearly raided the building while not having any actual proof that it was a weed growing facility and just got lucky that some buttcoiners were pirating electricity so they could claim the moral high ground

The_Franz fucked around with this message at 00:58 on May 29, 2021

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