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Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

Mumpy Puffinz posted:

no no no, it was the fbi guy named Carl Mark Force IV.
In one email he was pretending to be a girl, but signed it carl. Then realised it and said his name was Carla

the whole Ross Ulbricht thing is a calamity of incompetence.

Ross had a file on his laptop called mycrimes.txt

No running an encrypted online drug empire from Austin, TX was a stroke of genius.

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Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
Once the shoeshine boy and the taxi driver offer stock tips, it’s time to sell.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
Can we trust Ham Sandwiches to go radio silent when bitcoin loses 2/5ths of it's value in a week again? This thread on the front page is a reliable indicator that is about to happen.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

Ham Sandwiches posted:

This is pretty amazing, I have a responsibility to sit here and provide explanations whenever this speculative currency drops as if I'm running this poo poo, but as people have pointed out over and over, the number increasing does NOT mean bitcoins are not bullshit!!

So when bitcoins go down I'm supposed to explain why this is happening, and when bitcoins go up then I can't use that as evidence they are not garbage.

Pretty slick stuff, how does this make sense other than some bullshit you tried to come up with so that "I'm not posting enough" no matter what happens?

You don't need to explain why the price collapses the way it does we already know why. I'm just suggesting that you crowing about bitcoin when the price is up and then hiding like a bashful puppy when the price goes down indicates some confirmation bias in your thinking.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

Collateral Damage posted:

I'll believe that shitcoins are worth several thousand dollars when someone proves that they have converted a significant amount (say $100k+ worth) of it into real, actual USD without getting robbed, stuck in limbo or crashing the market.

There is one person in Europe documented by the news who made a six figure profit and bought himself some property if I remember correctly. It was a while ago.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

fbsw posted:

unless it is the only thing you can use because a) doing something illegal that shouldn't be illegal or b) your nation's currency is garbage

retard

Sorry but kiddie porn, counterfeit IDs, and carfentanil should be illegal.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
Coindesk has an interesting idea about why money is crowding into the market in advance of a hard fork. When the last fork happened people doubled the amount of tokens for free.

https://www.coindesk.com/logical-not-bitcoins-coming-fork-boosting-price/

quote:

Yet it seems, investors believe the momentum is warranted given the results of the last hard fork in August, which split the network in two, but did so in a way that fairly safely created a new asset called bitcoin cash.

Distributed to all bitcoin owners at the time of the fork, investors were suddenly given an equal amount of valuable cryptocurrency (bitcoin cash has held relatively steady around $300 per coin, but has traded for as much as $1,000). Far from a risky proposition, investors see that extra value as just created out of thin air and delivered to existing investors for free.

But while developers are aware the mechanisms and politics of the coming fork are different, investors seem to be planning for the same results.

Holy Jesus God

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
It looks like less traceable shitcoins like monero are going to eat bitcoin's lunch but the feds are rolling up the darknet markets. The only big use left for shitcoins is human trafficking.

Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.

Minimalist Program posted:

I bought 2k worth of stock in a bitcoin http://www.bitcoingroup.com/ at 9am this morning. By 13 pm it was worth 2200 dollars. Then it dropped some. By the end of the day I'd made 100 dollars. Gonna hang on to it for tomorrow as and see what happens.

Whats the saying? Buy high and pay a lot of brokerage fees.

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Dmitri-9
Nov 30, 2004

There's something really sexy about Scrooge McDuck. I love Uncle Scrooge.
Aren't most ICOs creating user interfaces for etherium or something? I remember it was something incestuous,

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