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Twinty Zuleps
May 10, 2008

by R. Guyovich
Lipstick Apathy


a wild WEREBALE appears!


E: gently caress it's already gone

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StopMakingSense
Sep 16, 2004
Sax and Violins
216 on Bitstamp

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer
its dropping like a rock now :ohdear:

heading for that 200 line

Alan Smithee
Jan 4, 2005


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

Enthusiasms, enthusiasms...

Wheany posted:

...so what you're saying is sell your bitcoin now because the price is going to go down, then back at the price bottom somewhere 2016-ish?

WHat I'm saying is BTC is gonna get sued by the RIAA for copyright infridgement due to a false positive in their fingerprint technology

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
anyways all of this is good for bitcoin since it isnt a currency or even a commodity, it's a protocol, a way of life, if you were in it just to make a quick buck I have some bad news for you, all hail satoshi, we were always at war with tibane thecat

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer

poik007 posted:

anyways all of this is good for bitcoin since it isnt a currency or even a commodity, it's a protocol, a way of life, if you were in it just to make a quick buck I have some bad news for you, all hail satoshi, we were always at war with tibane thecat

if you look hard enough you can see that the log price chart is actually making a paw print

the stamp of tibanne

triple sulk
Sep 17, 2014



♫ It all returns to nothing,
It just keeps tumbling down, tumbling down, tumbling down ♫

Alan Smithee
Jan 4, 2005


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

Enthusiasms, enthusiasms...
You cannot catch the falling knife, for the dead cat Tibanne lives

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost
rotor please change topic to

YOSPOS > bitcoin: THERE IS NO WAY TO WITHDRAW THEM IT WAS A LIE

RubberJohnny
Apr 22, 2008
Largest Bitcoin Scam since Mt.Gox comes to end (self.Bitcoin)
submitted 5 hours ago by gizzgizzle
Yesterday night, largest Bitcoin Scam operation came to an end. Cryptodouble.com decided to run with tens of thousands of Bitcoin and altcoin "invested". https://bitcointalk.org/index.php?topic=900132.msg10134310#new
Now all these scammed coins are being dumped for fiat, driving down pricing.
You will read about it soon in the so called "bitcoin news".

sleepy gary
Jan 11, 2006

Subjunctive posted:

the whole point is to not have ownership of bitcoins, sort of acting like a bitcoin-poop heat pump or something. that doesn't count, right?

no i'm sorry but shorting btc or investing in derivatives is touching the poop

I mean, go ahead and touch the poop but you better give us daily updates on how it is going

surebet
Jan 10, 2013

avatar
specialist


https://www.youtube.com/watch?v=dq6Q_uaJF4k

p sure sub 200 is today, kept an eye on it all night and the price is really making GBS threads itself

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever

RubberJohnny posted:

Largest Bitcoin Scam since Mt.Gox comes to end (self.Bitcoin)
submitted 5 hours ago by gizzgizzle
Yesterday night, largest Bitcoin Scam operation came to an end. Cryptodouble.com decided to run with tens of thousands of Bitcoin and altcoin "invested". https://bitcointalk.org/index.php?topic=900132.msg10134310#new
Now all these scammed coins are being dumped for fiat, driving down pricing.
You will read about it soon in the so called "bitcoin news".

very misleading, bitcoin is antifragile, stop spreading FUD

surebet
Jan 10, 2013

avatar
specialist


All y'all can panic and sell. I'll pick up the pieces.....of the first historic global currency ever invented. (self.Bitcoin)

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost
I love this. The Pegasus horde of bitcoins I want to acquire is getting cheaper and cheaper. Once you truly understand that bitcoin can't be killed, and *will* eventually take over, the price doesn't matter anymore. In fact, the lower the better. (self.Bitcoin)

submitted 3 hours ago by americanpegasus

I used to eye $1200 coins and think... Wow, no way I'll be able to get in on that.

Now it's different. The price has come down to incredibly low levels and even people like me who missed the boat have a chance.

And of course that chance will come on the back of fear and desperation; how else could it possibly happen? So I'm excited about this. As someone with ten coins who wants a hundred, this just means that I'll be able to afford more coins this month. And you better believe I'm buying as hard as I can. I'm even looking into getting a bank loan so I can buy more.

And I thought I only had until 2015 before the price started going back up. Looks like the buy window will be open a little longer.

Once you really understand the inevitability of bitcoin, you see right through the rest of the smoke and mirrors. You understand things for what they really are.

It all becomes clear. In this moment....

[–]americanpegasus[S] 4 points 3 hours ago

I have lost about $500 in the past couple of months on my bitcoins, it's true.

But you know what? Lol.

I once lost $8000 in an hour on some penny stock scam. You think loses in the three digits even phase me anymore?

But more than that, it's the principle. My attitude would be the same even if my losses were six digits. Because I have learned to see through the fear. I now understand what it means to really buy the blood in the street.

This is the lessons that losing money will teach you. It will instruct you in the art of managing your own emotions, even to the point of ridiculing them. If your thesis was valid at $600 a coin, it's even more valid at $200 a coin... Unless you never believed in what you were buying in the first place and were trying to ride some 'greater fool uptrend'.

Not me.

I'm wiser. I've been forged in the fires of losses and failures. I now have wisdom from the seventh level.

I am the shadow that trolls fear in the night.

I am the American Pegasus.

And I'm buying bitcoin.

TVarmy
Sep 11, 2011

like food and water, my posting has no intrinsic value

if you don't short Bitcoin, that shows you actually have faith in the currency. :smuggo:

also, if you don't bet on red at the roulette table, you are implicitly endorsing black. yes, even if you are actually playing poker or not even in the casino.

surebet
Jan 10, 2013

avatar
specialist


if it craters for realsies i think i'll pick up a blank casascius coin as a momento, after all these years it'd be hard to say goodbye

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost
I have discovered that several prominent bitcoin trolls are, in fact, bots. I will be referring these users for administrative action unless they can pass a series of special Turing tests I have designed. (self.Buttcoin)

submitted 7 hours ago by americanpegasus

The admins have acknowledged there is a severe troll problem in the bitcoin community, and are ready to mass delete accounts and ban entire IP address ranges.

The worst part is that I have recently discovered that many prominent bitcoin 'critics' are actually just a cleverly designed bot.

So when people ask, "How can these users sit around all day and bash bitcoin?"

They don't.

They are a bot, which is a double strike against Reddit TOS. Therefore, beginning immediately, any account with more than ten negative comments against bitcoin on /r/Bitcoin in the last month will have to pass a Turing test I will administer, on request, or else their accounts and any other linked IP addresses will be banned within 24 hours.

You have been warned.

http://www.reddit.com/r/Buttcoin/comments/2s90au/i_have_discovered_that_several_prominent_bitcoin/

OJ MIST 2 THE DICK fucked around with this message at 13:29 on Jan 13, 2015

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
how do people with such terrible business sense have so much money to burn buying butts

OJ MIST 2 THE DICK
Sep 11, 2008

Anytime I need to see your face I just close my eyes
And I am taken to a place
Where your crystal minds and magenta feelings
Take up shelter in the base of my spine
Sweet like a chica cherry cola

-Cheap Trick

Nap Ghost

poik007 posted:

how do people with such terrible business sense have so much money to burn buying butts

[–]americanpegasus[S] 5 points 6 hours ago

HALT.

You have been identified as a possible automated account by the americanpegasus™ Seculock Bot Detection System. Please answer the following questions to verify your identity as an organic entity.

Please explain at what point a neural network becomes defined as 'sentient' for scientific purposes and when 51% of the population would also agree with this assessment.

What is the best Final Fantasy game? Provide references.

Please explain how gravity is more easily combined into a single equation with the weak and strong nuclear forces in seven dimensions as opposed to four. Show your work.

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer
if american pegasus is not legitimately mentally ill, he's a very dedicated troll

i have to give him that

TVarmy
Sep 11, 2011

like food and water, my posting has no intrinsic value

I touched a stove and got burned. I was foolish.

now I'm gonna put my hands and genitals on this stove and show no fear. it will see that I'm the boss and not burn me.

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever

ayn rand hand job posted:

[–]americanpegasus[S] 5 points 6 hours ago

HALT.

You have been identified as a possible automated account by the americanpegasus™ Seculock Bot Detection System. Please answer the following questions to verify your identity as an organic entity.

Please explain at what point a neural network becomes defined as 'sentient' for scientific purposes and when 51% of the population would also agree with this assessment.

What is the best Final Fantasy game? Provide references.

Please explain how gravity is more easily combined into a single equation with the weak and strong nuclear forces in seven dimensions as opposed to four. Show your work.

my natural reflex would be to post the whole galt thing here

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

DNova posted:

no i'm sorry but shorting btc or investing in derivatives is touching the poop

I mean, go ahead and touch the poop but you better give us daily updates on how it is going

oh, sort of like the fedora rule. that seems reasonable.

cinci zoo sniper
Mar 15, 2013




Overstock.com offers employees all-bitcoin paychecks
By Ciara Linnane
Published: Jan 9, 2015 2:03 p.m. ET


Online retailer is a big believer in the digital currency
AFP/Getty Images
NEW YORK (MarketWatch) — Overstock.com Inc. demonstrated a surprisingly high level of commitment to digital currencies Friday with the news that it is planning to offer its employees the option of being paid in bitcoin.

The discount online retailer made the announcement in a release about a new bitcoin ATM that it has installed at its corporate headquarters in Salt Lake City, Utah.

“Moving cryptocurrencies out of the realm of geeks and into the realm of the rest of us requires making changes at all levels of the financial ecosystem,” Chief Executive Patrick Byrne said in the release. “An important part of this effort is making digital money ATMs accessible.”

Overstock.com OSTK, +1.49% has been accepting bitcoin as payment since Jan of 2014. Customers have made $3 million worth of purchases with bitcoin since then. The company says an analysis of the first year of usage indicates that Utah has the second-highest adoption of the currency among U.S. states, after New Hampshire.

Since its launch in 2009, bitcoin, an electronic currency that is traded by users who store it in digital wallets, has won fans and detractors, while bitcoin-focused companies have attracted large sums of investment dollars from venture-capital firms.

The currency has been criticized for its volatility, climbing to a peak of $1,150-a-coin in December of 2013 to $284.76 in recent trading. A wide range of companies including Amazon.com Inc. AMZN, -1.86% Target Corp. TGT, +0.26% CVS Health Corp. CVS, -0.74% eBay/PayPal EBAY, -0.77% Tesla Motors Inc. TSLA, -2.15% Microsoft Corp. MSFT, -1.25% and Dell Inc. accept it as payment.

Bitcoin’s price declined by about two-thirds in the past year, according to the CoinDesk Bitcoin Price Index, which factors in prices from several bitcoin exchanges. It was trading at about $930 in January 2014.

The currency suffered a setback in 2013, when the Tokyo exchange Mt. Gox collapsed after hackers stole 800,000 bitcoins, which were valued at about $500 million at the time. Earlier this week, the Slovenia-based exchange Bitstamp said it was suspending its service temporarily, after losing about 19,000 of the coins in a breach.

Overstock.com shares were slightly higher in early trade, but are down 20% in the past 12 months, while the S&P 500 has gained 12%.

http://www.marketwatch.com/story/overstockcom-offers-employees-all-bitcoin-paychecks-2015-01-09

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer

kalstrams posted:

Overstock.com OSTK, +1.49% has been accepting bitcoin as payment since Jan of 2014. Customers have made $3 million worth of purchases with bitcoin since then. The company says an analysis of the first year of usage indicates that Utah has the second-highest adoption of the currency among U.S. states, after New Hampshire.

well, no surprise about new hampshire, but utah?

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
so if you're paid in butts and the butt is priced 250$, let's say, and you're paid 4 butts for two weeks of work

if the butts goes down 25% next week, do they give you the balance or


of course not

Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope

i'm taking that as a "yes"

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer

poik007 posted:

so if you're paid in butts and the butt is priced 250$, let's say, and you're paid 4 butts for two weeks of work

if the butts goes down 25% next week, do they give you the balance or


of course not

what does your log charted heart tell you

sleepy gary
Jan 11, 2006

quote:

Largest Bitcoin Scam since Mt.Gox comes to end (self.Bitcoin)

submitted 5 hours ago by gizzgizzle

Yesterday night, largest Bitcoin Scam operation came to an end. Cryptodouble.com decided to run with tens of thousands of Bitcoin and altcoin "invested". https://bitcointalk.org/index.php?topic=900132.msg10134310#new[1]

Now all these scammed coins are being dumped for fiat, driving down pricing.

You will read about it soon in the so called "bitcoin news".


quote:

[–]KoKansei 25 points 2 hours ago

So in essence, BTC is being transferred from a bunch of morons to non-moron market buyers.

Sounds like an efficient market to me.

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
"everyone else being scammed is a moron while I'm a true captain of the industry, these other people weren't really in it for the right reasons anyways"

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

poik007 posted:

so if you're paid in butts and the butt is priced 250$, let's say, and you're paid 4 butts for two weeks of work

if the butts goes down 25% next week, do they give you the balance or


of course not

of course not indeed; that's what "payment is denominated in X" means. I don't get a different number of USD each week as it's stronger or weaker against RMB.

having income and expenses in different currencies -- even grown up full-faith-and-credit currencies -- is in my experience a stressful affair, but without separate hedges it's inherent to the model.

funeral home DJ
Apr 21, 2003


Pillbug

poik007 posted:

my natural reflex would be to post the whole galt thing here

galtse and potter, with the Brazilian adventure in between

the perfect text poo poo sandwich

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
that'll prove I'm not a trollbot™

Sir DonkeyPunch
Mar 23, 2007

I didn't hear no bell

ayn rand hand job posted:

[–]americanpegasus[S] 5 points 6 hours ago

HALT.

You have been identified as a possible automated account by the americanpegasus™ Seculock Bot Detection System. Please answer the following questions to verify your identity as an organic entity.

Please explain at what point a neural network becomes defined as 'sentient' for scientific purposes and when 51% of the population would also agree with this assessment.

What is the best Final Fantasy game? Provide references.

Please explain how gravity is more easily combined into a single equation with the weak and strong nuclear forces in seven dimensions as opposed to four. Show your work.

Holden: You're on an exchange, watching the graphs, when all of a sudden you look down...
Leon: What one?
Holden: What?
Leon: What exchange?
Holden: It doesn't make any difference what exchange, it's completely hypothetical.
Leon: But, how come I'd be there?
Holden: Maybe you're fed up. Maybe you want to be rich. Who knows? You look down and see the price falling, Leon. It's shooting toward zero...
Leon: Price falling? What's that?
Holden: [irritated by Leon's interruptions] You know what going to the moon is?
Leon: Of course!
Holden: Same thing, but upside down.
Leon: I've never seen the moon... But I understand what you mean.
Holden: You reach down and you remove the bitcoins from your order, Leon.
Leon: Do you make up these questions, Mr. Holden? Or do they write 'em down for you?
Holden: The bitcoin price continue to fall, weak hands are fleeing the market, hodlers posting about how bitcoin is a just discounted, trying to raise the price, but they can't. Not without your help. But you're not helping.
Leon: [angry at the suggestion] What do you mean, I'm not helping?
Holden: I mean: you're not buying bitcoin! Why is that, Leon?
[Leon has become visibly shaken]
Holden: They're just questions, Leon. In answer to your query, they're written down for me. It's a test, designed to provoke an emotional response... Shall we continue?

Erenthal
Jan 1, 2008

A relaxing walk in the woods
Grimey Drawer

Sir DonkeyPunch posted:

Holden: You're on an exchange, watching the graphs, when all of a sudden you look down...
Leon: What one?
Holden: What?
Leon: What exchange?
Holden: It doesn't make any difference what exchange, it's completely hypothetical.
Leon: But, how come I'd be there?
Holden: Maybe you're fed up. Maybe you want to be rich. Who knows? You look down and see the price falling, Leon. It's shooting toward zero...
Leon: Price falling? What's that?
Holden: [irritated by Leon's interruptions] You know what going to the moon is?
Leon: Of course!
Holden: Same thing, but upside down.
Leon: I've never seen the moon... But I understand what you mean.
Holden: You reach down and you remove the bitcoins from your order, Leon.
Leon: Do you make up these questions, Mr. Holden? Or do they write 'em down for you?
Holden: The bitcoin price continue to fall, weak hands are fleeing the market, hodlers posting about how bitcoin is a just discounted, trying to raise the price, but they can't. Not without your help. But you're not helping.
Leon: [angry at the suggestion] What do you mean, I'm not helping?
Holden: I mean: you're not buying bitcoin! Why is that, Leon?
[Leon has become visibly shaken]
Holden: They're just questions, Leon. In answer to your query, they're written down for me. It's a test, designed to provoke an emotional response... Shall we continue?

the shrem-karpeles test

neonbregna
Aug 20, 2007
lol if you believe actually believed this would get you 100% pute profit. any estimates so far how much he was able to take from buttcoiners in a month?


that entire thread https://bitcointalk.org/index.php?topic=900132.msg10137398#msg10137398

neonbregna fucked around with this message at 14:05 on Jan 13, 2015

cinci zoo sniper
Mar 15, 2013




ahaha money doubling, jfc, that's eve online chat level scamming :psylon:

Twinty Zuleps
May 10, 2008

by R. Guyovich
Lipstick Apathy
what would this dude's response be if someone responded to his HALT YOUVE BROKEN THE LAW with "You don't matter." and nothin more?

someone do it

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TVarmy
Sep 11, 2011

like food and water, my posting has no intrinsic value

You’ve got a little boy. He shows you his butterfly labs rig plus the strawberry drying rack. What do you do?

It's too bad she won't hodl. But then again, who does?

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