Bitcoins

penis

otm

https://www.youtube.com/watch?v=RGUSRGYz7_g

(the zero is a penis)

Sounds like some lucky investors got introduced to the old Pen 15 club.

i hadn't realized how much this has ruined the video card market

the $380 msrp card i bought last March now near impossible to find for under 1k

bit1
bit/Submit
noun
1.
a small piece, part, or quantity of something.
"give the duck a bit of bread"

down 37% this month

could stare at this thing all day. no wonder so many people love gambling on this

http://bitcoinity.org/

horse races are even more fun and a great social activity

but you have to be around other people

it's like milk

does a body good

Bitcoin looking close to smashing through another critical support floor!

Lovin it

It's cool guys it's going back up.

BTFD

https://i.redd.it/q6ryqko18w801.jpg

more like guess the dip

more like it dips, you dip, we dip

You know what goes REALLY good with dip?

https://target.scene7.com/is/image/Target/15118200?wid=3000&qlt=70&fmt=pjpeg

7 layers of ranch dip

ripple has the better odds and is the crypto-c that can be defended the most using reason though

you cannot win at this by using reason

it's the better educated guess, i don't think you understand how ripple works if you think that though

https://globalcoinreport.com/heres-ripple-xrp-sbi-deal/

it can be faster and scale better and still not offer the security or services I envision being required for wide adoption as currency

but sbi is already adopting it, making it widely adopted...

ok. change that to "sustained wide adoption"

this was last year's news but

https://www.financemagnates.com/cryptocurrency/news/sbi-ripple-asia-forms-credit-card-industry-consortium-japan-%E2%80%8E/

SBI Ripple Asia has signed a partnership agreement with some of the largest credit card companies in Japan ‎in a bid to bring Ripple’s enterprise blockchain solutions to the Japanese market of payment cards.

...

The consortium will initially be composed of three major credit card providers including JCB, Sumitomo Mitsui Card and Credit Saison. This significant industry milestone will materially improve the user experience and make it easier than ever for mainstream consumers and businesses to tap into the Ripple ‎ecosystem.

it has only been one month and a bit

thing is, there is absolutely no doubt that cryptocurrency is here to say, people just don't know if any current ones will be used, but the model will be used for future transactions, so saying "bitcoins lol" is missing the point

the biggest risk for ripple is xrp being tied to btc right now

blockchain having its use does not mean you can't lose money betting on the wrong implementation. I am one of the least lol bitcoin people round here.

so which one did you put money on?

the stock market

i mean i understand the similarities but that's just a different conversation

bitcoins lol

What do you guys think of Civil Tokens
I am doing a project where I will be paid 25% in them and 75% in ‘fiat’

100% fiat option was not allowed

http://www.niemanlab.org/2017/10/civil-the-blockchain-based-journalism-marketplace-is-building-its-first-batch-of-publications/

I think you're doing a job for 75%.

Readers will support reporters using “CVL” tokens, Civil’s cryptocurrency, giving them a speculative stake in the currency that will — hopefully — increase in value as more people buy in over time. This, Civil, hopes will encourage more people to invest in the marketplaces, creating a self-sustaining system that will help fund more reporting.

Or maybe the journalism version of the $20 floating around a bar that each bartender tips the next one when they come in on their day off.

milo otm xp -- make sure whatever 75% is = 100% of what you think the job is worth.

cool the profit motive is always conducive to great reporting

cryptocurrency (bitcoin, cvl) as ponzi scheme is a popular criticism, right?

was reading this guy's blog or something in the morning and he was saying ponzi will be long forgotten, and people will call it satoshi schemes in the future

i think this was discussed earlier in one of the bitcoin threads but this is the basic principle of currency/money, though

if enough people gave value to a block of cheese we would pay everything in edam, havarti, gorgonzola, etc.

and we'd all be gouda

i like betamax

Not all cryptocurrencies are Ponzi schemes but stuff like Ripple or this Civil where all the coins are mined and owned by one entity who parcel them out certainly sounds sketchy to me.

Works for actual fiat tho

Um...you can’t mine ripple...

One big argument against the likelihood of bitcoin taking off is that it depends on a degree of consensus at a time when consensus reality is unraveling.

xp - yeah, because it was 'premined.' The people behind it just did the mining.

Xpost yeah the 75% is a more than decent pay rate for the project by itself. The crypto part will just be a novelty for me.

I feel like bitcoin is too elaborate to have been dreamed up purely as a fraud.