bit¢oin$

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bitcoin is the cia do yr research

lag∞n, Saturday, 6 January 2018 22:39 (six years ago) link

I’m hearing from a few people with bitcoins (yes, plural) and other cryptocurrencies that mining is no longer where the money is

The article seems to be conflating mining cryptcurrencies with all cryptocurrencies

infinity (∞), Saturday, 6 January 2018 22:43 (six years ago) link

Tempted to either:

1. Buy a tonne of different cheap cryptoc and risk gaining/losing a bit with whichever increases/decreases in value

2. Buy ethereum

3. Buy ripple

infinity (∞), Saturday, 6 January 2018 22:45 (six years ago) link

Just imagine the run when this shit is revealed to be nothing.

calstars, Saturday, 6 January 2018 22:54 (six years ago) link

It's been fun to see how my dad suddenly got sucked up into cryptocurrency. I've only seen him like this 25 years ago when stocks suddenly drew his attention in a mad way. He's got Ethereum now and knows more about blockchains etc than I do. He feels so fucking cutting edge lol.

♫ very clever with maracas.jpg ♫ (Le Bateau Ivre), Saturday, 6 January 2018 23:04 (six years ago) link

Eth is so ‘16

calstars, Saturday, 6 January 2018 23:07 (six years ago) link

Sorry for bumping though
This thread deserves to die

calstars, Saturday, 6 January 2018 23:08 (six years ago) link

I take this as another form of gambling which i tend not to do but meh a couple thousand is like a trip to vegas

infinity (∞), Saturday, 6 January 2018 23:08 (six years ago) link

Ok except is Vegas is leagues more fun than this shit

calstars, Saturday, 6 January 2018 23:11 (six years ago) link

Been to Vegas enough times to have gotten bored of it tbh

infinity (∞), Saturday, 6 January 2018 23:11 (six years ago) link

Like put a grand on a sports book with results in 2 hours and go for a stoned drive down LV blvd

calstars, Saturday, 6 January 2018 23:13 (six years ago) link

So sorry !

calstars, Saturday, 6 January 2018 23:13 (six years ago) link

the real move is to start an exchange then steal everyones money

Due to the extremely high number of registrations that have occurred recently we have paused our registration feature while out team works to make changes in our internal systems to cope with the increased level of traffic our site is experiencing.

— Cryptopia Exchange (@Cryptopia_NZ) January 6, 2018

lag∞n, Saturday, 6 January 2018 23:13 (six years ago) link

occurs to me that at current prices the mt gox hack may be the biggest robbery ever in the history of the world (depending on how u define robbery)

lag∞n, Saturday, 6 January 2018 23:17 (six years ago) link

This reminds me of the days my buddy and i used to bet on horses

infinity (∞), Saturday, 6 January 2018 23:19 (six years ago) link

$450 million at the time (still prob top 10)
$14.5 trillion at todays price! lmfao

~a quarter of that was recovered but still

lag∞n, Saturday, 6 January 2018 23:22 (six years ago) link

they said it was all stolen then found 200k btc in an old wallet

lag∞n, Saturday, 6 January 2018 23:26 (six years ago) link

Kodak stock is up 44% after announcing it's launching a cryptocurrency called KODAKCoin because 2018 https://t.co/IZ463x6fDS pic.twitter.com/psKBQlk4oQ

— Seth Fiegerman (@sfiegerman) January 9, 2018

mookieproof, Tuesday, 9 January 2018 18:03 (six years ago) link

Ilxcoin when

The Bridge of Ban Louis J (silby), Tuesday, 9 January 2018 18:07 (six years ago) link

i was gonna make ILXcoin a few years ago but couldn't get the code to compile on my machine so i gave up

scoff walker (diamonddave85), Tuesday, 9 January 2018 18:17 (six years ago) link

ILXcoin now, is when!

(btw, my stock just jumped 74%, get ilxcoin while it's hot, oh wait we must make adjustments for the suddenly high demand for ilxcoin, please stand by)

Bobby Buttrock (Old Lunch), Tuesday, 9 January 2018 18:21 (six years ago) link

In the future, everyone will have their own cryptocurrency for fifteen minutes.

Bobby Buttrock (Old Lunch), Tuesday, 9 January 2018 18:21 (six years ago) link

https://pbs.twimg.com/media/DTH_PHiX0AEfueF.jpg

h8 bitcoin hodlers

mookieproof, Tuesday, 9 January 2018 20:25 (six years ago) link

Admittedly, I are people who is now bitter. Good call.

the smartest persin in the room (Old Lunch), Tuesday, 9 January 2018 20:28 (six years ago) link

lmao did you notice the name on top

frogbs, Tuesday, 9 January 2018 20:29 (six years ago) link

millenial nocoiners

mh, Tuesday, 9 January 2018 20:29 (six years ago) link

i am actually intrigued by what the kodak coin might lead to for people who produce images for a living:

In an official announcement, Kodak said the cryptocurrency would underpin "an encrypted, digital ledger of rights ownership for photographers." Kodak is working with a company called WENN Digital on the initiative.

The idea is that photographers could use Kodak's forthcoming blockchain to register works, with "KODAKCoin" functioning as a medium of exchange on the platform. Users can receive payment in the cryptocurrency as well as pay for rights, according to the company.

Karl Malone, Tuesday, 9 January 2018 21:03 (six years ago) link

theres also this for the lulz

https://nypost.com/2018/01/08/ceo-of-porn-cryptocurrency-disappears-with-investor-money/

infinity (∞), Tuesday, 9 January 2018 21:07 (six years ago) link

I feel like the definition of the word 'currency' is a little more specific than the fashion in which it's being bandied about these days.

In other news, I'd like to introduce you all to my new cryptocurrency, Salsacoin. It's a robust yet mild salsa and it's just to die for.

the smartest persin in the room (Old Lunch), Tuesday, 9 January 2018 21:10 (six years ago) link

does it come in extra hot

infinity (∞), Tuesday, 9 January 2018 21:12 (six years ago) link

if i can get in on salsacoin when it's still valued at .0000000000000001 BTC, we can buy an ILX yacht with the profits when it's valued at .000001 BTC

Karl Malone, Tuesday, 9 January 2018 21:12 (six years ago) link

didn't see the nainan / bitcoin crossover coming but in retrospect it's so obvious

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:13 (six years ago) link

obvcoin

infinity (∞), Tuesday, 9 January 2018 21:13 (six years ago) link

km otm tho, kodakcoin actually sounds like it might be... a good idea?

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:14 (six years ago) link

would be nice if someone or something that wasn't a big dying company would take the lead on it, though.

Karl Malone, Tuesday, 9 January 2018 21:17 (six years ago) link

someone like... dan nainan?

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:18 (six years ago) link

he has youth on his side after all

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:18 (six years ago) link

i...must admit that that i have no idea who dan nainan is, but that name sounds fake

Karl Malone, Tuesday, 9 January 2018 21:19 (six years ago) link

oh boy you’re in for a treat my dude

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:21 (six years ago) link

pee-wee and the power men (bizarro gazzara), Tuesday, 9 January 2018 21:21 (six years ago) link

find a nonce by shaking and blowing on your monitor

Scatperson (ski-ba-bop-ba-dop-whore.) (Sufjan Grafton), Tuesday, 9 January 2018 21:28 (six years ago) link

obligatory

https://media.giphy.com/media/ifxLK48cnyDDi/giphy.gif

Karl Malone, Tuesday, 9 January 2018 21:29 (six years ago) link

https://media.giphy.com/media/ifxLK48cnyDDi/giphy.gif

Karl Malone, Tuesday, 9 January 2018 21:30 (six years ago) link

goddammit. i don't know how the internet works.

buscemi__howdoyoudofellowkids.gif

Karl Malone, Tuesday, 9 January 2018 21:30 (six years ago) link

i can see the two gifs

lag∞n, Tuesday, 9 January 2018 21:34 (six years ago) link

km otm tho, kodakcoin actually sounds like it might be... a good idea?

― pee-wee and the power men (bizarro gazzara), Tuesday, January 9, 2018 3:14 PM (twenty-six minutes ago) Bookmark Flag Post Permalink

someone at work was making a case for blockchain-style auditing on scientific experiment data storage the other day and yeah, that's actually a good use case

mh, Tuesday, 9 January 2018 21:43 (six years ago) link

Blockchain as an distributed asset register and tracking tool is legitimately a good use of the tech and there’s probably far more value in that use case in the long run than as a ‘currency’. The major downside of blockchain is that time to transact is almost always going to be slower Han with a centralised data store but for the asset management use case this isn’t necessarily that much of a downside.

American Fear of Pranksterism (Ed), Tuesday, 9 January 2018 21:48 (six years ago) link

i...must admit that that i have no idea who dan nainan is, but that name sounds fake

Karl you are going to love this guy

frogbs, Tuesday, 9 January 2018 22:01 (six years ago) link


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