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maybe you should've read line two
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Oct 11, 2021 00:53
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necrotic posted:Actually, maybe they should do that. Let’s get the chain to a pedobyte in a year. This is a Bitcoinman chain, don’t forget!
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Oct 11, 2021 01:12
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Saying "Ok, lets ask the IMF for help" is the equivalent of in a movie going "Ok, we have to get Jason to fight Freddy"
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Oct 11, 2021 01:15
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A major Australian newspaper has an article today where a former Binance guy is pushing for pension (‘super’) funds to invest in Crypto, that famously stable asset that will still exist when I come to retire.  https://twitter.com/swearyanthony/status/1447191294384607237
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Oct 11, 2021 02:43
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Actually, can I have a "no loving cryptocurrency" clause I can request a mutual fund to provide before investing?
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Oct 11, 2021 02:56
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Fairly certain pensions are the most regulated funds when it comes to what they can invest in. Crypto isn't ever going to be on the menu.
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Oct 11, 2021 03:29
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Collateral posted:Fairly certain pensions are the most regulated funds when it comes to what they can invest in. Crypto isn't ever going to be on the menu. For now 
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Oct 11, 2021 03:34
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Collateral Damage posted:I'm constantly amazed that bitcoiners seriously think deflation is a good thing.
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Oct 11, 2021 04:41
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ikanreed posted:Actually, can I have a "no loving cryptocurrency" clause I can request a mutual fund to provide before investing? ESG funds need a fourth letter now, unless 'environment' encapsulates the energy waste of crypto. I would like that clause, too.
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Oct 11, 2021 05:26
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Space Fish posted:ESG funds need a fourth letter now, unless 'environment' encapsulates the energy waste of crypto. The governance letter should also cover you from a ‘don’t invest in tech-enabled money laundering scams’ angle.
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Oct 11, 2021 05:50
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Luckily, Australia's government is too Luddite to even improve the internet without deliberately loving it up every step of the way, I doubt they're even smart enough to be dumb enough to fall for crypto.
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Oct 11, 2021 06:18
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If they find out how crypto burns through coal they will be the number one booster.
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Oct 11, 2021 06:21
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Funny how NFTs have been jumped on so eagerly by people like this https://twitter.com/theurigeller/status/1447407731028135939
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Oct 11, 2021 06:25
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Ad by Khad posted:all downhill since the phone fell off the couch Is there anyone from those early days of insanity that we know of who had things work out for them? I imagine most of those we followed in the SA threads either lost their holdings in hacks/scams, or sold them when Bitcoin was a few hundred dollars, but while schadenfreude is fun it would be nice to know that just one of them held onto some coins and managed to finance the music festival or Tailspin cinema of their dreams.
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Oct 11, 2021 07:14
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Senor Tron posted:Is there anyone from those early days of insanity that we know of who had things work out for them? Jeffrey of Yospos paid for SA via money he made by early coining lol.
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Oct 11, 2021 07:16
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^^^ what? Seriously? Is there a video of the phone falling? I've always wanted to see it.
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Oct 11, 2021 10:26
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If I am being honest, considering that I did try mining back in March 2010 when barely anyone else was doing it, if I had ended up with any I would have almost certainly sold them once the price hit enough for me to buy a take out meal. That would have felt like enough of a success at the time to warrant it. I dont see that there is any chance that I would have ever kept them until the price is what it is now. Not a chance at all.
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Oct 11, 2021 10:37
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Senor Tron posted:Is there anyone from those early days of insanity that we know of who had things work out for them? The Winklevosses, but gently caress those guys their answer to not getting robbed by a shady exchange was to make their own shady exchange edit: mark karpeles is doing pretty well and got to keep a shitload of the btc from the mtgox meltdown all these years later, even assuming he didnt have more hidden wallets, which he certainly must have Ad by Khad fucked around with this message at 10:58 on Oct 11, 2021 |
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Oct 11, 2021 10:56
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IIRC a big part of why there's all these exchanges which the owners keep running off with is because it seems like a massive pain in the rear end to actually do any Bitcoin transactions without having an outside middleman, needing dedicated hardware just to run the blockchain, even if you aren't actively mining.
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Oct 11, 2021 11:20
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Tsietisin posted:If I am being honest, considering that I did try mining back in March 2010 when barely anyone else was doing it, if I had ended up with any I would have almost certainly sold them once the price hit enough for me to buy a take out meal. That would have felt like enough of a success at the time to warrant it. It's what I keep telling everyone I know. If you bought bitcoin when it was one euro, you'd sell a good portion when it reached 5, much less when it kept rising, because you can't predict the future. It's rationally wise to sell if something rises as ridiculously as bitcoin did, lamenting that it kept growing and you sold ignores that you couldn't predict said growth and how you'd probably lose those coins in one of the million security wipeouts that occured so far.
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Oct 11, 2021 13:01
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Senor Tron posted:Is there anyone from those early days of insanity that we know of who had things work out for them? I know there was a “Bitcoin millionaire” under 18 y/o on Tosh.0 7-8 years ago. I don’t remember a name or episode #, but it’s probably Google-able. Tosh was amazed and skeptical at the same time which is one of the reasons I love watching him around “regular” people. He’s not blatantly insulting or a fanboi and watching him with the BTC kid was a good, funny bit. Ninja edit: https://youtu.be/OCCNomU5j8c First result on “Tosh.0 Bitcoin kid.” No idea on an update to his status.
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Oct 11, 2021 13:18
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DerekSmartymans posted:First result on “Tosh.0 Bitcoin kid.” No idea on an update to his status. oh it's erik finman, he was in the news again after rebranding cheap chinese smartphones as "uncensorable freedom phones" and selling them to trump supporters at a huge markup https://www.nytimes.com/2021/09/06/technology/freedom-phone-smartphone-conservatives.html
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Oct 11, 2021 15:46
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repiv posted:oh it's erik finman, he was in the news again after rebranding cheap chinese smartphones as "uncensorable freedom phones" and selling them to trump supporters at a huge markup Did he sell them for Butts, or real dollars? I know how I so want the right answer.
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Oct 11, 2021 19:38
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real dollars of course, crypto doesn't appear to even be an option for buying it
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Oct 11, 2021 20:05
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Even he would recognize Trump supporters aren't literate enough to even know about butts, much less use them.
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Oct 11, 2021 20:08
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Trump is opposed to bitcoin, which caused coiners no end of consternation.
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Oct 11, 2021 20:15
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ultrafilter posted:Trump is opposed to bitcoin, which caused coiners no end of consternation. Only because he didn't understand it. Had he known the amount of scams that can be pulled the US would be using BTC by now.
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Oct 11, 2021 21:08
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has anyone pointed out to the Donald that with Bitcoin you can buy high, sell low, and still make money?
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Oct 11, 2021 21:37
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At least that kid recognizes and is leaning into the grift.
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Oct 11, 2021 21:40
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Wily Wizard NFTs - 10,000 wizards each with one of 10 different staffs, beards, robes, and hats Bilious Barflies NFTs - 10,000 barflies each with one of 10 different drinks, faded jackets, facial disfigurements, and hats Sloppy Sandwich NFTs - 10,000 sandwiches each with one of 10 different fillings, garnishes, sides, and hats Hasty Hatstand NFTs - 10,000 hatstands each with one of 10 different hats, hats, hats and hats
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Oct 11, 2021 21:56
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Hammerite posted:Wily Wizard NFTs - 10,000 wizards each with one of 10 different staffs, beards, robes, and hats Ok, but are some of the hats rare?
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Oct 11, 2021 22:02
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Spazzle posted:Ok, but are some of the hats rare? Some of them are worth* more money** if that's what you mean
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Oct 11, 2021 22:03
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Diva Cupcake posted:At least that kid recognizes and is leaning into the grift. lol before the freedom phone he ran an indiegogo campaign promising a $100 VR headset, and raised $100k (500% of the goal) of course he took the money and ran without ever posting a single update https://mashable.com/article/marvel-vr-headset the kid is a born grifter
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Oct 11, 2021 22:21
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repiv posted:the kid is a born grifter This kid is a pro-tier grifter! Usually, grifters have to go underground, not make waves, flash the cash, etc. This child is the Avatar of Confidence. You would think he’d be in jail or something by now, but not only is he not, he’s using his real name with his scams. A quick Google search, you read his public history. He doesn’t care. Is Craig Wright his Dad or something?
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Oct 11, 2021 23:53
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i have to wonder if he ever actually got rich from bitcoin, or if that was just a story to establish the "young genius investor" branding he uses as a springboard for all his scams
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Oct 12, 2021 00:03
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repiv posted:i have to wonder if he ever actually got rich from bitcoin, or if that was just a story to establish the "young genius investor" branding he uses as a springboard for all his scams There is always that first scam, so yeah probably made some money but not near what he claims.
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Oct 12, 2021 00:06
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If you act like the kind of person who has money people will give you money because obviously you're the kind of person who's supposed to have money This is literally how it works
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Oct 12, 2021 06:22
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Hey I know crypto is dumb etc…however experimenting with poo poo coins how the hell do I move some crap from u I swap to trust wallet? I’ve looked for 2 hours I see nothing (on phone bought a poo poo coin I have a wallet address set up on uniswap and trust)
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Oct 12, 2021 07:40
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Try throwing your phone into the rubbish bin and forever forgetting about cryptos.
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Oct 12, 2021 07:52
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Paladinus posted:Try throwing your phone into the rubbish bin and forever forgetting about cryptos. Hmm…considering how my inept crypto purchases have turned out…don’t think I will. It’s a giant tire fire but if it makes me money enjoy the smoke
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Oct 12, 2021 08:03
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