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i got 99 problems but bits ain't one
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Jun 7, 2021 18:55
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99 problems but also the 100th problem is just cryptocurrency itself. It is a problem, a big big problem.
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Jun 7, 2021 19:47
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Lmao trump no like buttcoin
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Jun 7, 2021 20:01
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Alan Smithee posted:Lmao trump no like buttcoin He's just jealous he couldn't come up with a better scam.
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Jun 7, 2021 20:04
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Ccs posted:He's just jealous he couldn't come up with a better scam.
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Jun 7, 2021 21:33
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jokes posted:99 problems but also the 100th problem is just cryptocurrency itself. It is a problem, a big big problem. I increasingly think that crypto is just a living breathing metaphor, the kind you get when the contradictions of the system become impossible to reconcile or deny and juuust before the whole thing goes up in flames
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Jun 7, 2021 21:43
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https://twitter.com/SVR13/status/1401951423437365248
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Jun 7, 2021 22:04
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buttcoin
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Jun 7, 2021 22:57
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https://twitter.com/arstechnica/status/1402031624527679494?s=19 I guess bitcoin isn't an anonymous decentralized network outside the reach of governments and law enforcement after all 
blunt fucked around with this message at 00:05 on Jun 8, 2021 |
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Jun 7, 2021 23:58
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It’s be really funny if they just kept their millions in their exchange account and not a wallet that they actually control. Alternatively they just got rubber hosed to give up the keys.
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Jun 8, 2021 00:20
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Doesn't the fact that the US gov't could get the private key kind of break bitcoin, not to mention all modern cryptography? edit Diva Cupcake posted:Alternatively they just got rubber hosed to give up the keys. InternetJunky fucked around with this message at 01:07 on Jun 8, 2021 |
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Jun 8, 2021 01:04
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No, the government didn't crack Bitcoin. I think it's safe to assume the Bitcoin was transferred to an exchange or some other platform which could be subpoenaed. Bitcoin is after all a public record and the number of places you can exchange Bitcoin for $2 million in cash is limited
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Jun 8, 2021 01:12
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Honky Dong Country posted:buttcoin you're the best poster in this thread
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Jun 8, 2021 01:17
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im going to stick knife up the rear end in a top hat ov everyone that buys a bitcoin im going to loving murder you
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Jun 8, 2021 01:18
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u are going to bleed to death out of your rear end
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Jun 8, 2021 01:18
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Mimesweeper posted:you're the best poster in this thread HugeGrossBurrito posted:im going to stick knife up the rear end in a top hat ov everyone that buys a bitcoin im going to loving murder you but suddenly, a new contender
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Jun 8, 2021 01:20
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https://www.youtube.com/watch?v=loRA5XxACcw m going to fuckin ruip yout skin off
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Jun 8, 2021 01:22
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HugeGrossBurrito posted:im going to stick knife up the rear end in a top hat ov everyone that buys a bitcoin im going to loving murder you Well, if that's what it takes to get a personal visit from HGB, I guess I'm a coiner now.
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Jun 8, 2021 01:29
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HugeGrossBurrito posted:https://www.youtube.com/watch?v=loRA5XxACcw im going to do something to everyone who buys a bitcoin. im going to pump their asses full of nitroglycerin and strap them to a paint mixer until they explode. blow their asses to kingdom come. theyll be scraping their giblets and entrails off the road for miles around. launch their big hosed up skulls into orbit mother fucker.
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Jun 8, 2021 01:29
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Jun 8, 2021 01:51
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Andy Dufresne posted:No, the government didn't crack Bitcoin. I think it's safe to assume the Bitcoin was transferred to an exchange or some other platform which could be subpoenaed. Bitcoin is after all a public record and the number of places you can exchange Bitcoin for $2 million in cash is limited Seeing as the hack relied on exploiting a legacy VPN with a password that was never change and no 2FA enabled, I'm not surprised it ended with the Feds taking all the butts because they were stored on an exchange with a CA server (Coinbase?). https://twitter.com/GeoffRBennett/status/1401993342620160002
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Jun 8, 2021 01:52
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EorayMel posted:im going to do something to everyone who buys a bitcoin. im going to pump their asses full of nitroglycerin and strap them to a paint mixer until they explode. blow their asses to kingdom come. theyll be scraping their giblets and entrails off the road for miles around. launch their big hosed up skulls into orbit mother fucker. drat dude ok that seems unnecessary
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Jun 8, 2021 01:54
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ive been putting bitcoins in my rear end since 2011 and shuffling them back out onto the blockchain. you've all been touching my asscoins
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Jun 8, 2021 02:00
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Bitcoin cultists are now claiming everything that makes bitcoin look bad is actually a psyop. They're saying the Colonial Pipeline ransomware was a false flag created to discredit bitcoin.
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Jun 8, 2021 02:10
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strange feelings re Daisy posted:Bitcoin cultists are now claiming everything that makes bitcoin look bad is actually a psyop. They're saying the Colonial Pipeline ransomware was a false flag created to discredit bitcoin. Well, of course! Why on earth would someone conduct a ransomware attack and demand payment in Bitcoins? It's not like ransomware attacks have relied on Bitcoin for years now or anything.
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Jun 8, 2021 02:13
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strange feelings re Daisy posted:Bitcoin cultists are now claiming everything that makes bitcoin look bad is actually a psyop. They're saying the Colonial Pipeline ransomware was a false flag created to discredit bitcoin. buttcoin lol
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Jun 8, 2021 02:14
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butt
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Jun 8, 2021 02:14
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I met a traveller from an antique land, Who said—“Two vast and trunkless legs of stone Stand in the desert. . . . Near them, on the sand, Half sunk a shattered visage lies, whose frown, And wrinkled lip, and sneer of cold command, Tell that its sculptor well those passions read Which yet survive, stamped on these lifeless things, The hand that mocked them, and the heart that fed; And on the pedestal, these words appear: My name is Bitcoin, King of Currencies; Look on my Gains, ye Mighty, and despair! Nothing beside remains. Round the decay Of that colossal Wreck, boundless and bare The lone and level sands stretch far away.”
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Jun 8, 2021 02:20
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Butt is down 8% in the last 24 hours again, for the dude who said we care too much about the price of butt. This has been a long, slow, sad burn. It's like nobody even cares anymore
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Jun 8, 2021 02:20
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Mimesweeper posted:ive been putting bitcoins in my rear end since 2011 and shuffling them back out onto the blockchain. you've all been touching my asscoins https://smile.amazon.com/Theres-Bitcoin-My-Butt-Handsome-ebook/dp/B073NF2Z9G
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Jun 8, 2021 02:26
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golden bubble posted:Seeing as the hack relied on exploiting a legacy VPN with a password that was never change and no 2FA enabled, I'm not surprised it ended with the Feds taking all the butts because they were stored on an exchange with a CA server (Coinbase?). I promise you Coinbase does not keep millions of dollars in Bitcoin in a hot wallet sitting in a warehouse somewhere. Would definitely be interested in more details of the hack back here but not expecting to get them anytime soon. Looks like Cali is just where this was filed since the Bitcoin obviously doesn't have a physical location and this is just some standard paperwork for asset forfeiture. novamute fucked around with this message at 02:38 on Jun 8, 2021 |
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Jun 8, 2021 02:35
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Andy Dufresne posted:Butt is down 8% in the last 24 hours again, for the dude who said we care too much about the price of butt. This has been a long, slow, sad burn. It's like nobody even cares anymore FBI seized some butts from a ransomware attack, which is one of the main sources of "institutional investment". Apparently, the market thinks this, unlike most things, is bad for bitcoin drk fucked around with this message at 02:44 on Jun 8, 2021 |
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Jun 8, 2021 02:36
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If your coins are on an exchange they're not your coins, they're the exchange's coins and you own the IOU. IDK anything about nothin tho. Here's the address in question. https://live.blockcypher.com/btc/address/bc1qq2euq8pw950klpjcawuy4uj39ym43hs6cfsegq/ nomad2020 fucked around with this message at 02:42 on Jun 8, 2021 |
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Jun 8, 2021 02:39
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novamute posted:I promise you Coinbase does not keep millions of dollars in Bitcoin in a hot wallet sitting in a warehouse somewhere. Would definitely be interested in more details of the hack back here but not expecting to get them anytime soon. Don't be stupid. At the scale that coinbase deals in, they absolutely have millions of dollars in butts in their primary hot wallet. You can't avoid that -- an exchange's hot wallet has to be able to cover the deposits & withdrawals. And that hot wallet is live on their server, somewhere. (Doubt that coinbase was involved at all, the ransomware operators would be complete morons to send any butts to a US-based exchange and especially not coinbase.)
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Jun 8, 2021 02:45
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Sell pressure is probably only going to get worse as bits coined inch closer to being declared climate terrorism and seized en masse.
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Jun 8, 2021 02:45
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I've cashed out all my bits and put them into butts.
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Jun 8, 2021 02:59
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snorch posted:I've cashed out all my bits and put them into butts.
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Jun 8, 2021 03:01
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When the COVID pandemic starts to wane, butts will be a good investment. After a year of lockdown, everyone's gonna want dat butt.
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Jun 8, 2021 03:04
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Klyith posted:Don't be stupid. At the scale that coinbase deals in, they absolutely have millions of dollars in butts in their primary hot wallet. You can't avoid that -- an exchange's hot wallet has to be able to cover the deposits & withdrawals. And that hot wallet is live on their server, somewhere. Don't be stupid yourself. Withdrawals aren't instantaneous and funds only need to be hot long enough to sign a transaction. No serious exchange keeps any amount of funds at rest in a hot wallet or even in a wallet that used to be hot. There's plenty of public info about Coinbase's key management specifically if you want to educate yourself. https://blog.coinbase.com/production-threshold-signing-service-b16017c09661
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Jun 8, 2021 03:35
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| # ? Apr 27, 2024 15:33 |
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SHITGROIN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Jun 8, 2021 03:38
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