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Former DILF
Jul 13, 2017

alright fine ill diversify into bitcoin

ugh

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Former DILF
Jul 13, 2017

scott zoloft posted:

i'm goingto build a house

You should fill it with hobos

Former DILF
Jul 13, 2017

Solar Tornado posted:

I thought bitcoins were supposed to replace today's currency. If it keeps fluctuating like this, isn't it essentially worthless on a practical level? Especially if it's worth thousands of dollars?

I know this probably answers my own question, but it looks like people are holding onto bitcoins just because a machine told them it's worth thousands.

The market cycle is nothing new, and I think that now with digital currencies we can finally move on from the boom/bust cycle by simply accelerating the process such that the market crashes hundreds of times a day so you only have to wait a few minutes to purchase goods when the market rallies

Former DILF
Jul 13, 2017

sullat posted:

Who wouldn't want to live in the Amazon company town?

with no way to get back to earth

Former DILF
Jul 13, 2017

i used daoc plat

Former DILF
Jul 13, 2017

Bert Roberge posted:

Are there no people getting out of bitcoin selling cheap used graphics cards?

but theyve already used up all the triangles

Former DILF
Jul 13, 2017

Fallows posted:

Same i invested about 420 bucks a while ago and am walking away with nearly 69k today

samr

Former DILF
Jul 13, 2017


:whitewater: im done paying attention to this whole bitcoin thing

Former DILF
Jul 13, 2017

Salt Fish posted:

As an aside money laundering is not an activity that makes money. It transforms money, probably at a loss.

this kind of speaks to the general legitimacy crisis that society is facing as a result of the victory of capitalism over socialism. money is the only thing that matters, so what does it matter that the money is illegitimate?

Former DILF
Jul 13, 2017

The fabled buttcoin

Former DILF
Jul 13, 2017

Thesaurus posted:

I can't wrap my mind around this power usage. why is it so insane again?

something about the integrity of the blockchain

its like a game of hot potato but you can buy slaves on the dark web with the steam???

Former DILF
Jul 13, 2017

i dont give a hot gay gently caress what congress thinks


carpetnuke earth dude

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Former DILF
Jul 13, 2017

People keep telling me that bitcoin is the currency of the future but now its looking like instead its just Latency :grin:

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