is there any update on this lagoon
everyone these days is asking is elon musk pumping and dumping crypto currencies in order to cover for major accounting fraud at tesla— br◎seph (@on3ness) May 8, 2021
― towards fungal computer (harbl), Thursday, 12 May 2022 13:02 (two years ago) link
lol soon
― lag∞n, Thursday, 12 May 2022 13:05 (two years ago) link
the vast majority of crypto is owned by whales and while they can keep the numbers up via doing illegal things like wash trading they do eventually need real people to cash them out, once those people stop coming around what is even the point of it all
https://i.imgur.com/F3vs7Jt.png
― mark s, Thursday, 12 May 2022 13:21 (two years ago) link
this is the same argument every pyramid scheme/MLM uses to keep people in
"If only I bought bitcoin in 2011, I would be so rich."No, you likely wouldn't be. You would've probably sold early because you were scared, just like you probably are today.Holding through multiple 80% corrections takes an insane level of conviction and mental fortitude. pic.twitter.com/AisQ3PDdBd— Dylan LeClair 🟠 (@DylanLeClair_) May 6, 2022
― towards fungal computer (harbl), Thursday, 12 May 2022 13:50 (two years ago) link
I find it hard to amass sympathy for these assholes but I feel like a lot of the citizens of El Salvador are gonna be unnecessarily suffering because of this and that really sucks
― frogbs, Thursday, 12 May 2022 13:51 (two years ago) link
yeah a lot of people are going to get hurt over this wouldve been better if no one ever made a bitcoin
― lag∞n, Thursday, 12 May 2022 14:06 (two years ago) link
https://i.imgur.com/7C8apab.jpg
― frogbs, Thursday, 12 May 2022 14:26 (two years ago) link
terra luna down 99.99% on a week ago and 99.9ish down on the opening today
does it just dribble to zero or will it suddenly go all at once?
― mark s, Thursday, 12 May 2022 14:33 (two years ago) link
lmao as an online poker player I know what this means
https://t.co/AZwoBOgsqS will perform scheduled maintenance for 17 networks and temporarily suspend deposits & withdrawals.Learn more: https://t.co/xMrlyzj8xs pic.twitter.com/hOAIUA37V9— Binance.US 🇺🇸 (@BinanceUS) May 12, 2022
― frogbs, Thursday, 12 May 2022 14:43 (two years ago) link
haa
― lag∞n, Thursday, 12 May 2022 14:46 (two years ago) link
I think all of the crypto should be converted to commemorative tshirts and other physical items that everyone can keep long after the crypto has died mutated into an even more hideous form that no one here is even thinking about
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 14:51 (two years ago) link
Too many cryptofucks were obsessed with transformers and power rangers. They are going to link up the crypto crew to its final form and emerge out of the ocean to destroy Tokyo
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 14:52 (two years ago) link
frogsbs, can you explain the poker thing?
― peace, man, Thursday, 12 May 2022 14:55 (two years ago) link
generally when less reputable sites perform "scheduled maintenance" amongst rumors they may be becoming insolvent there's a good chance they aren't coming back up
― frogbs, Thursday, 12 May 2022 15:17 (two years ago) link
Gotcha, I figured something like that. lol.
― peace, man, Thursday, 12 May 2022 15:20 (two years ago) link
yeah iirc during the infamous "Black Friday" where the FBI nabbed a bunch of the big sites the official word was "this is just scheduled maintenance"
― frogbs, Thursday, 12 May 2022 15:25 (two years ago) link
unscheduled obsolescence
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:26 (two years ago) link
gdamn when they gonna bring back legal online poker and restock da fish
― lag∞n, Thursday, 12 May 2022 15:33 (two years ago) link
Ignition/Bovada has been pretty good over the last couple years, I'm actually a little concerned that a lot of that was crypto money
― frogbs, Thursday, 12 May 2022 15:39 (two years ago) link
yeah i still have an ignition account actually had an insane run there like five years ago but havent played much since, its still not the same tho we need another poker boom
― lag∞n, Thursday, 12 May 2022 15:46 (two years ago) link
how about online poker but it's that one game where you put your knuckles flat on the table and then the other side slides a quarter toward the other player's knuckles as fast as possible, and the winner is whoever plays the longest
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:57 (two years ago) link
feel like legalization is coming eventually, it's so insane that half the commercials you see during a sports broadcast now are for Fanduel or whatever while online poker is still in this weird limbo
for me the trick to Ignition is getting off the Zone tables and onto the regular ones, Zone is pretty reg infested and even when you do spot a fish you don't know when they're at your table again. the regular tables on the other hand get pretty insane, even when you're not playing peak hours
― frogbs, Thursday, 12 May 2022 15:58 (two years ago) link
xpi don't know why i said that
i played online poker for a week and lost all $100
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:58 (two years ago) link
it's so insane that half the commercials you see during a sports broadcast now are for Fanduel or whatever while online poker is still in this weird limbo
yeah - some of the players are now getting endorsement deals with the betting companies. kinda completely weird, but maybe pete rose will get into the hall of fame now
― Bruce Stingbean (Karl Malone), Thursday, 12 May 2022 15:59 (two years ago) link
RIP Crypto.com Staples Centre, we hardly knew you
a perfect metaphor for the death of crypto pic.twitter.com/0VhYPfXoRF— 𝐒𝐚𝐬𝐡𝐚🔪 (@tinywienerbabe) May 11, 2022
― Critique of the Goth Programme (Neil S), Thursday, 12 May 2022 17:29 (two years ago) link
rip big man
The Terra blockchain was officially halted at a block height of 7603700.https://t.co/squ5MZ5VDKTerra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.— Terra (UST) 🌍 Powered by LUNA 🌕 (@terra_money) May 12, 2022
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 17:35 (two years ago) link
xp: wish that was real.
― peace, man, Thursday, 12 May 2022 18:07 (two years ago) link
astonishing graph. this stuff made it all the way to $90 and is now worth literally a penny
https://i.imgur.com/mUvT7LD.png
― frogbs, Thursday, 12 May 2022 18:57 (two years ago) link
I know it’s uncharitable of me but: have fun being poor, crypto fucks.
― DAMAGED by Black Flat (Boring, Maryland), Thursday, 12 May 2022 18:58 (two years ago) link
I mean under some theories of value it was always worth literally a penny
― Guayaquil (eephus!), Thursday, 12 May 2022 19:03 (two years ago) link
https://i.imgur.com/hQi29bn.png
― frogbs, Thursday, 12 May 2022 19:28 (two years ago) link
buy the dip.
― peace, man, Thursday, 12 May 2022 19:37 (two years ago) link
https://www.afr.com/wealth/personal-finance/the-great-crypto-ponzi-scheme-finally-crashes-20220513-p5al0q
Paywalled, but I had success with refresh then stop loading page in Firefox.
― Peter Greenaway's Fleetwood Mac (S-), Friday, 13 May 2022 12:03 (two years ago) link
According to credible Korean news site Money Today, Do @stablekwon requested to police for emergency protection as investors have been visiting his house. https://t.co/3rUsjUBGCp— Doo | StableNode @GoblinTown (@DooWanNam) May 13, 2022
― mark s, Friday, 13 May 2022 14:37 (two years ago) link
pretend money leads to real life mob
― lag∞n, Friday, 13 May 2022 14:39 (two years ago) link
Crypto is not pretend! Don't you get it? It is going to make transactions faster! Just you wait and see, mister.
― peace, man, Friday, 13 May 2022 14:56 (two years ago) link
i mean all money is pretend
this pretend money is also unregulated
(laws are also made up)
― mark s, Friday, 13 May 2022 14:59 (two years ago) link
money has an army
― lag∞n, Friday, 13 May 2022 15:01 (two years ago) link
thats right
― mark s, Friday, 13 May 2022 15:03 (two years ago) link
Yeah, but people without no money have a free Twitter account
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 15:04 (two years ago) link
I think the one, single prognostication I ever had was in grad school, and a seminar was working with an old emeritus prof on a book he was writing about how the internet was going to be a great boon for democracy. This was just before Arab spring, etc. The smart thing that I did was when we went around the table I said “nooooooooooooooooooo!”
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 15:06 (two years ago) link
lol
― lag∞n, Friday, 13 May 2022 15:07 (two years ago) link
of course the real big story no-one is talking about here is how this is going to have a serious impact on Crawley FC. They are going to become the first UK league club since the days of horses and carts to pay their playing staff in units of less than a penny.
― calzino, Friday, 13 May 2022 15:14 (two years ago) link
the one, single prognosticationMeant to thrown the word “accurate “ in there because I have been completely wrong thousands of times. And even on this one, I’m sure the Internet will start doing unbelievable things for democracy soon and even Nelson’s “ha-ha!” will be a little brighter and more supportive than it was before
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 15:21 (two years ago) link
here's that one stock everyone's talking about, the one where if you own it you're actually a giant fucking asshole, regardless of the price:
https://i.imgur.com/U86RNkv.png
it's back at 14 cents. so...if you bought it at less than a cent, or wherever it was a few hours ago, and you sold it now, at 14 cents, if you can find another sucker to buy low, wouldn't you be making a 1400% profit? or am i misunderstanding how the entire thing works
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 16:11 (two years ago) link
the one where if you own it you're actually a giant fucking asshole
that would be buttcoin i imagine
― Guayaquil (eephus!), Friday, 13 May 2022 16:24 (two years ago) link
could you say what it is instead of trying to make people guess?
― peace, man, Friday, 13 May 2022 16:26 (two years ago) link
Terra (UST) the one that has been in the news for collapsing
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 16:40 (two years ago) link
oh shit, that was another terra. the luna one is, indeed, dead as a doornail!
https://coinmarketcap.com/currencies/terra-luna/
― Bruce Stingbean (Karl Malone), Friday, 13 May 2022 16:44 (two years ago) link