|
i'm the gusto and glee
|
#
?
Nov 13, 2014 00:16
|
|
|
|
| # ? Apr 19, 2024 15:05 |
|
|
http://en.wikipedia.org/wiki/Rai_stonesquote:The physical location of the stone may not matter—though the ownership of a particular stone changes, the stone itself is rarely moved due to its weight and risk of damage. The names of previous owners are passed down to the new one. In one instance, a large rai being transported by canoe and outrigger was accidentally dropped and sank to the sea floor. Although it was never seen again, everyone agreed that the rai must still be there, so it continued to be transacted as genuine currency.[5]
|
|
#
?
Nov 13, 2014 00:19
|
|
|
"we can't use testnet because it would make testnet unusable for everyone else! we had to use the live bitcoin network because there hasn't been a way to setup your own private testnet since at least 2011!"
|
|
#
?
Nov 13, 2014 00:20
|
|
|
the way they phrase the refrigerator bank account part makes it sound like there are refrigerators that are trying but our tyrannical nanny state hitler 1984 overlords are stopping themRon Paul Atreides posted:I hate how 
|
|
#
?
Nov 13, 2014 02:14
|
|
|
Skipped like 160 posts in a couple hours or so what did I miss
|
|
#
?
Nov 13, 2014 02:20
|
|
|
Thesoro posted:as others have said it's not the dumbest thing until the end at first i'm sure they just wanted to exploit the idiots but then the abyss gazed back 
|
|
#
?
Nov 13, 2014 02:22
|
|
|
triple sulk posted:Skipped like 160 posts in a couple hours or so what did I miss you wouldn't believe, best poo poo ever. Boxturrent loving REVOLUTIONIZED the mad smiley
|
|
#
?
Nov 13, 2014 02:23
|
|
|
why did they spend 20 slides on gold anyway and then like the last 5 on bitcoins. is it because they heard a show about gold as currency on NPR and had their minds blown by it?
|
|
#
?
Nov 13, 2014 02:29
|
|
|
they spent all of those slides explaining what money is to a conference of money professionals
|
|
#
?
Nov 13, 2014 02:40
|
|
|
PleasureKevin posted:why did they spend 20 slides on gold anyway and then like the last 5 on bitcoins. is it because they heard a show about gold as currency on NPR and had their minds blown by it?
|
|
#
?
Nov 13, 2014 02:42
|
|
|
trucutru posted:Ok, It's not the video but the twins posted their presentation. You know, the one that they gave to big-shot money managers? I'm all the radioactive elements marked with a biohazard symbol on slide 10.
|
|
#
?
Nov 13, 2014 02:55
|
|
|
Ursine Asylum posted:
their defense is that they never promised that these things would make money. independent blogs, news sites and magazine formed that conclusion wholly on their own. except all this stuff posted on their website quote:" Having said this, it's also important to point out that current generation products enjoy strong relative hashing power today and that will continue to make them profitable up to and through the point of ASIC market penetration when they can be traded in." and all over the bitcointalk forums quote:Quote from: BFL_Josh on September 11, 2012, 06:40:56 AM quote:Quote from: Inaba on September 14, 2013, 11:09:26 PM also jeff ownby from BFL bought the bitcoinx.com profitability calculator late october 2012 and added links to BFL and fudged the profitability numbers on his units http://web.archive.org/web/20121217004154/http://www.bitcoinx.com/profit Company: JEFFREY SCOTT OWNBY Address: 130 N. PARK RD. GRANGE LA US Phone: +17.086014170 Fax: +49 0000 00000 Most popular domain of this owner: bitcoinx.com - Bitcoin and crypto currencies news, prices, charts, guides & analysis
|
|
#
?
Nov 13, 2014 02:56
|
|
|
I hope the FTC has their legal team read this thread for all the free research
|
|
#
?
Nov 13, 2014 03:09
|
|
|
why are you quoting that inaba guy? he has nothing to do with bfl
|
|
#
?
Nov 13, 2014 03:09
|
|
|
misread the chart, my bad, ignore this post
|
|
#
?
Nov 13, 2014 03:09
|
|
|
PleasureKevin posted:imagine money was a gas and stored in a balloon. and you just release enough to pay for what you want. and it has a really distinctive smell so it can't be duplicated. in this scenario I can freely exchange worthless, unusable money for fart noises on demand with no additional tools i see no problem here
|
|
#
?
Nov 13, 2014 03:14
|
|
|
The Management posted:they spent all of those slides explaining what money is to a conference of money professionals look, if the attendees knew how money worked, they wouldn't be wasting their time making tools to shuffle around worthless fiat. it's like shoveling elephant crap and thinking you work in a chocolate factory. come to think of it, they probably think those worthless quarters are foil-wrapped chocolate. the fact is if your not that smart and are bound to hurt yourself if you hear a complicated and novel idea too quickly. back in the olden days when the government knew to leave at&t the gently caress alone, a pair of scientists invented the transistor, and at&t freaked out and called them witches and tried to burn them at the stake because they didn't slowly introduce the phone company to the idea of a very small component that provides switching and amplification efficiently. but because a young scientist gave a talk about the power of the inevitable singularity (he was albert einstein) at&t let the scientists invent a transistor radio instead of murdering them, and expected it to fail. but then the public discovered the power of the transistor radio and transistors went hyperbolic and now a single transistor costs $10,000. if only you bought back when you had the chance.
|
|
#
?
Nov 13, 2014 03:20
|
|
|
holylemon posted:my favorite part is that they submitted declarations from three customers who were happy with their products, as though that proves anything at least one of them reads just like a bfl josh sockpuppet: surly, stupid, arrogant makes u think!
|
|
#
?
Nov 13, 2014 03:53
|
|
|
I hope the FTC deposes inaba
|
|
#
?
Nov 13, 2014 04:57
|
|
|
Same Great Paste posted:is this all a rally based around the 1-year-loss day? or are there other happenings happening? nah, it probably has a lot more to do with the loss of at least 8 million dollars per month of bitcoins being cashed out through sites like sr2. basically the worst thing for bitcoin is people using bitcoin
|
|
#
?
Nov 13, 2014 05:30
|
|
|
honey why is our car turning left, this isn't our street ah hell, bob must have made our car a better offer. don't worry we can probably wrangle up some roadcoin. in fact i see a blood drone hovering right over there, lets hail it and let it harvest some of our plasma
|
|
#
?
Nov 13, 2014 06:25
|
|
|
Bitcoin stu likes logarhythms
|
|
#
?
Nov 13, 2014 07:35
|
|
|
Alan Smithee posted:Bitcoin stu likes logarhythms cosine
|
|
#
?
Nov 13, 2014 07:40
|
|
|
Ben Grahams Ghost posted:i'm going to lose my apartment because my refrigerator won't loan me a few ApplianceCoins to pay the rent this month gently caress youcoin got mycoin
|
|
#
?
Nov 13, 2014 07:47
|
|
|
The Management posted:they spent all of those slides explaining what money is to a conference of money professionals I can't get over the fact that these Harvard blue blood geniuses who are the real brains behind Facebook basically gave a high school PowerPoint presentation to some big kids
|
|
#
?
Nov 13, 2014 07:57
|
|
|
Alan Smithee posted:Bitcoin stu likes logarhythms  "Your bitcoins are trapped." "I know, I... lost the private key." Linguica fucked around with this message at 08:04 on Nov 13, 2014 |
|
#
?
Nov 13, 2014 08:02
|
|
|
Alan Smithee posted:I can't get over the fact that these Harvard blue blood geniuses who are the real brains behind Facebook basically gave a high school PowerPoint presentation to some big kids Surprise surprise, rich people are often not smart QuarkJets fucked around with this message at 08:20 on Nov 13, 2014 |
|
#
?
Nov 13, 2014 08:17
|
|
Linguica posted:
|
|
|
#
?
Nov 13, 2014 08:55
|
|
|
vOv posted:theyre disqualifying 'radiactive' elements like uranium so i guess they understand nuclear chemistry about as well as they understand anything else Can someone point me to the slide where they explain why hard money must be a pure element or was that covered in a different presentation
|
|
#
?
Nov 13, 2014 09:04
|
|
|
Thesoro posted:as others have said it's not the dumbest thing until the end why can't this libertardian
|
|
#
?
Nov 13, 2014 09:26
|
|
|
AlbieQuirky posted:cosine discosine?
|
|
#
?
Nov 13, 2014 09:28
|
|
|
Linguica posted:
|
|
#
?
Nov 13, 2014 11:50
|
|
|
quote:Money cannot be radioactive, otherwise, it would radiate away or eventually kill you (yikes!). Biohazard symbols already mentioned, but they don't understand what radioactivity entails. They apparently think that uranium flies out the window given enough time ("radiates away") also I'm the beta money, version 1.0
|
|
#
?
Nov 13, 2014 11:57
|
|
|
Hammerite posted:Biohazard symbols already mentioned, but they don't understand what radioactivity entails. They apparently think that uranium flies out the window given enough time ("radiates away") to be utterly pedantic (yospos bitch), if you start with a quantity of radioactive material, after a period of time, you will have less of that material. in uranium's case, one of its decay products is a gas (radon) which will literally fly out of the window
|
|
#
?
Nov 13, 2014 12:50
|
|
|
DNova posted:to be utterly pedantic (yospos bitch), if you start with a quantity of radioactive material, after a period of time, you will have less of that material. you know that's not what they meant though
|
|
#
?
Nov 13, 2014 13:22
|
|
|
A Pinball Wizard posted:you know that's not what they meant though the best part is that by its nature, radioactive money would be deflationary, something bitcoiners think is great but now it's suddenly bad???? e: captain cool already pointed this out health concerns are somewhat legit though
|
|
#
?
Nov 13, 2014 13:25
|
|
|
DNova posted:to be utterly pedantic (yospos bitch), if you start with a quantity of radioactive material, after a period of time, you will have less of that material. Way to be technically correct (the best kind of correct)
|
|
#
?
Nov 13, 2014 15:18
|
|
|
so can Butterfly Labs not just go "these are for mining crypto not BTC specifically, people could have made money on any of these things at any date with any cryptocurrency"
|
|
#
?
Nov 13, 2014 15:24
|
|
|
|
|
#
?
Nov 13, 2014 15:26
|
|
|
|
| # ? Apr 19, 2024 15:05 |
|
|
RubberJohnny posted:so can Butterfly Labs not just go "these are for mining crypto not BTC specifically, people could have made money on any of these things at any date with any cryptocurrency" maybe if their advertising had emphasised cryptocurrencies in general rather than bitcoin in particular. but they didn't, they advertised them as bitcoin miners. Besides, not all altcoins use the same algorithms as bitcoin, so their devices might not be compatible with other cryptocurrencies. For example Litecoin I think uses an algorithm that's more memory intensive, which doesn't mean you can't make an asic for it but does mean that an asic designed for Bitcoin won't be compatible.
|
|
#
?
Nov 13, 2014 15:30
|
|