The price has dropped about 20% in the past hour.
― Jersey Al (Albert R. Broccoli), Friday, 6 December 2013 20:21 (ten years ago) link
http://bitcoin.clarkmoody.com
― lag∞n, Friday, 6 December 2013 20:27 (ten years ago) link
Mt. Gox apparently has this glitch where it throws itself into a loop
http://i.imgur.com/pbWzMKG.jpg
What an efficient market looks like imo
― 乒乓, Friday, 6 December 2013 20:29 (ten years ago) link
it's bouncing a little but people are still dumping
― Jersey Al (Albert R. Broccoli), Friday, 6 December 2013 20:30 (ten years ago) link
wonder who is long on Bitcoins on 12/6/2013 at 3:30pm EST
― Jersey Al (Albert R. Broccoli), Friday, 6 December 2013 20:31 (ten years ago) link
bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately. bitcoins have been jingling in some distinguished pockets lately.
― Tip from Tae Kwon Do: (crüt), Friday, 6 December 2013 20:49 (ten years ago) link
https://www.youtube.com/watch?v=xU5lQsV0L6s
― SHAUN (DJP), Friday, 6 December 2013 20:52 (ten years ago) link
was down to ~600 half its original value, it recovered a lil bit but still, lol
― lag∞n, Saturday, 7 December 2013 15:51 (ten years ago) link
bitcoin.txt @bitcoin_txt 3mconfirmed that A.) this is about trust B.) we didn't see a bubble beforehand, we just saw gained trust expressing itself on the pricechart.
― lag∞n, Saturday, 7 December 2013 16:01 (ten years ago) link
http://lamborghininewportbeach.blogspot.com/2013/12/we-just-sold-our-very-first-vehicle.html
Lol, happened 2 days before the crash
― 乒乓, Saturday, 7 December 2013 17:05 (ten years ago) link
lol stupid stupid lamborghininewportbeach
― lag∞n, Saturday, 7 December 2013 17:09 (ten years ago) link
For once in my life I recommend looking at the comments
http://i.imgur.com/VoWIsi3.png
― 乒乓, Saturday, 7 December 2013 17:13 (ten years ago) link
http://i.imgur.com/4elWwD8.png
― 乒乓, Saturday, 7 December 2013 17:14 (ten years ago) link
http://i.imgur.com/zVuql5s.png
This dude got 3+ bitcoins by begging
Remember that story of the tech entrepreneur who tried to teach a homeless man to code in NYC
We are so close to the next level of a tech entrepreneur giving homeless people bitcoin wallets to request donations online
― 乒乓, Saturday, 7 December 2013 17:17 (ten years ago) link
wow this cool new currency is sure to be a huge sucess
― lag∞n, Saturday, 7 December 2013 17:18 (ten years ago) link
Rent &Insurance &Obamacare &Car
― sleepingbag, Saturday, 7 December 2013 19:34 (ten years ago) link
holy http://www.coinion.com
― lag∞n, Saturday, 7 December 2013 23:01 (ten years ago) link
Cringing so hard right now
― 乒乓, Saturday, 7 December 2013 23:05 (ten years ago) link
lol
― mh, Saturday, 7 December 2013 23:17 (ten years ago) link
bitcoin.txt @bitcoin_txt 1mthe true value of Bitcoin without interference of the exchanges…Therefore ALL bitcoins equal the total value of all the earths raw materials
― lag∞n, Sunday, 8 December 2013 03:42 (ten years ago) link
AnonymousDecember 4, 2013 at 2:11 PMBuy me a lambo! 1HL6YgkkGv7bKRhRe6UtxPHHxot5Ep6yKz
― am0n, Sunday, 8 December 2013 17:16 (ten years ago) link
AnonymousDecember 5, 2013 at 2:29 AMlol at the ponzi scheme comments. Dinasaurs!
AnonymousDecember 5, 2013 at 7:09 PMDinosaurs old enough to remember Pets.com. Yes sir son, I've seen this movie before. It does not end well.
― am0n, Sunday, 8 December 2013 17:19 (ten years ago) link
Last night I talked to my friend's bro who's very much ~in~ the tech industry
He told me he bought 10 bitcoins when the price was at $200 and sold at $1000
Good man
Also told me about his plans for a [REDACTED UNDER NON-DISCLOSURE AGREEMENT] which I thought was really interesting
― 乒乓, Sunday, 8 December 2013 18:25 (ten years ago) link
ChaseBankCoin
― Brakhage, Tuesday, 10 December 2013 18:34 (ten years ago) link
c+p for those of us without financial times subs?
― Strangers look on with a discernible, barely contained ‘wow’. (forksclovetofu), Tuesday, 10 December 2013 18:58 (ten years ago) link
whoops my bad
JPMorgan Chase has filed a US patent application for a computerised payment system that resembles some aspects of Bitcoin, the controversial virtual currency. Like Bitcoin, JPMorgan’s proposed system would allow people to make anonymous, electronic payments over the internet, without having to reveal their name or account numbers or pay a fee, according to the patent application. [...] JPMorgan’s proposed system involves creating “virtual cash” that would sit in an online wallet reminiscent of the computer files that hold Bitcoins on behalf of their users.The JPMorgan system would also create a public record of transactions made using the technology – a feature that would appear to mirror Bitcoin’s use of “blockchain”, a massive block of code stored across a peer-to-peer network of computers that acts as a public ledger of all Bitcoin transactions.
― Brakhage, Tuesday, 10 December 2013 19:21 (ten years ago) link
100% never happens
― lag∞n, Tuesday, 10 December 2013 19:23 (ten years ago) link
if it does though, fucking lol
"bitcoin will set us free until a giant financial institution patents everything about it that we like"
― SHAUN (DJP), Tuesday, 10 December 2013 19:24 (ten years ago) link
hard to see what would be in that for JPM -- maybe they just want the patent as a potential block to other companies?
― signed, J.P. Morgan CEO (Hurting 2), Tuesday, 10 December 2013 19:25 (ten years ago) link
companies just patent shit constantly 99% add up to nothing
― lag∞n, Tuesday, 10 December 2013 19:27 (ten years ago) link
unless of course they're planning on co-opting/charging all of the bitcoin exchanges based on the strength of their patent
― SHAUN (DJP), Tuesday, 10 December 2013 19:29 (ten years ago) link
Also looks like Chase is just developing their own proprietary bitcoin
― 乒乓, Tuesday, 10 December 2013 19:30 (ten years ago) link
yeah i mean they had a meeting and a guy was like maybe one day we want to build our own bitcoin or sue bitcoin or something and another guy was like sure ok send it over to legal
― lag∞n, Tuesday, 10 December 2013 19:35 (ten years ago) link
u never bitcoin
― am0n, Tuesday, 10 December 2013 19:44 (ten years ago) link
Bitcoin back up to $1000, dump and pump in full effect.
― Jersey Al (Albert R. Broccoli), Tuesday, 10 December 2013 19:44 (ten years ago) link
that chase thing makes me thing of labels fucking about with bittorrent distribution and not doing anything with it
― Strangers look on with a discernible, barely contained ‘wow’. (forksclovetofu), Tuesday, 10 December 2013 19:49 (ten years ago) link
https://www.youtube.com/watch?v=0zgP4DdicGc
lord help
― am0n, Tuesday, 10 December 2013 19:51 (ten years ago) link
I hope this turns out like early-mid-stage internet, where every company will suddenly have consultants telling them they need "bitcoin presence" and they'll come up with all these pointless uses of bitcoin-like technologies. Like Kellogs will come out with FrostedCoins where you get like .25-cent value secure virtual coupons for more frosted flakes that you have to go through an arduous process to redeem.
― signed, J.P. Morgan CEO (Hurting 2), Tuesday, 10 December 2013 20:29 (ten years ago) link
(Vague uniformed speculation:)
Well Facebook just killed their own currency (Credits), which was basically that idea, trying to trap more cash within the platform (equivalent of gift cards, most of which are never redeemed, hence they keep the money).
Afaik the JPM/Chase scheme is intended as a payment system to compete with Visa et al, applicable to the real world and not just discounts within a closed trade loop. Duplicate a currently open-source thing, build out an infrastructure for it, take ownership of it (a la Microsoft or any number of tech giants), presto - they are the new Visa/Paypal/Western Union. Could see savings accounts at Chase offering higher rates in that currency, etc as an initial incentive to get people in door (like offering $500 for opening an account today). They might even push it as an investment/speculation vehicle in itself. Unlike Bitcoin Chase exists in the material world and has offices, advertising, etc, so can push it hard if need be. Big challenge with Bitcoin as it stands is converting back into $ - not as much of a problem given a vast chain of brick and mortar banks
― Brakhage, Tuesday, 10 December 2013 21:21 (ten years ago) link
http://i.imgur.com/jLGvwRe.gif
― diamonddave85, Tuesday, 10 December 2013 21:27 (ten years ago) link
otm
― lag∞n, Tuesday, 10 December 2013 21:28 (ten years ago) link
thx for the bitcoin how do I cash it?
― signed, J.P. Morgan CEO (Hurting 2), Tuesday, 10 December 2013 21:29 (ten years ago) link
3 reasons bitcoins aren't in your wallet yet
― am0n, Tuesday, 10 December 2013 21:37 (ten years ago) link
hit me up on powwow for bc2$
― Roberto Spiralli, Tuesday, 10 December 2013 21:43 (ten years ago) link
first thing if i understand correctly you have to build a wallet out of an old computer or something then you print them out and put them in there or something
― lag∞n, Tuesday, 10 December 2013 21:48 (ten years ago) link
basically make a new desktop folder, double-click on the folder name and type 'wallet'. insert the spinning bitcoin .gif into the wallet. happy mining!
― am0n, Tuesday, 10 December 2013 21:51 (ten years ago) link
Thanks am0n, just made my first bitcoin
― 乒乓, Tuesday, 10 December 2013 21:52 (ten years ago) link
http://media02.hongkiat.com/bitcoin-questions/bitcoin-miner.jpg
― am0n, Tuesday, 10 December 2013 21:53 (ten years ago) link
no no no. a bit coin is a long string of letters, numbers and symbols. just start typing randomly and break the resulting strings into longish pieces, then copy those into the folder named 'wallet'. as simple as that.
― Aimless, Tuesday, 10 December 2013 21:55 (ten years ago) link
theres many alternate mining methods, like this one:
http://siliconangle.com/files/2013/01/bitcoin-hand-drop.jpg
― am0n, Tuesday, 10 December 2013 21:58 (ten years ago) link