Bitcoin priceOne month ago: $45,250One week ago: $49,300Now: $57,300— The Spectator Index (@spectatorindex) October 13, 2021
― reggae mike love (polyphonic), Wednesday, 13 October 2021 23:11 (two years ago) link
thats a lotta bits baby
― lag∞n, Wednesday, 13 October 2021 23:23 (two years ago) link
jack really able to focus now that hes not at twitter
JUST IN: Square is renaming itself "Block" as it focuses on technologies like blockchain and expands beyond its original credit card reader business. Block will still trade under the ticker $SQ on the Nasdaq.https://t.co/JYSLUjPyfU— CNBC Now (@CNBCnow) December 1, 2021
― lag∞n, Wednesday, 1 December 2021 21:37 (two years ago) link
Inflation at long-term high, bitcoin falling apart. Great hedge.
― longtime caller, first time listener (man alive), Friday, 21 January 2022 16:37 (two years ago) link
. . . the vulnerability was discovered and a "fix was pushed to GitHub a couple weeks ago but not deployed. So the attacker found the exploit by scanning the commits to GitHub."
Incidentally this is sort of a nice metaphor for the fact that an apparently huge source of alpha in crypto consists of:
1. There is a mistake.2. People notice the mistake and try to correct it.3. Because crypto is all open-source and on the blockchain, you can see them trying to correct it.4. Because crypto effectively conducts auctions to decide whose transactions go first, you can jump ahead of them in line and exploit the mistake before they can correct it.
― mookieproof, Thursday, 3 February 2022 22:18 (two years ago) link
lol good stuff
― lag∞n, Thursday, 3 February 2022 22:22 (two years ago) link
Only a small part of this is about bitcoin, but enjoyed listening to Peter Zeihan destroy the ARK dorks (even if I don't know if he's completely right and he's a bit of a douche):
https://podcasts.apple.com/au/podcast/geopolitics-innovation-and-deglobalization-with/id1271691895?i=1000559699112
― longtime caller, first time listener (man alive), Friday, 6 May 2022 13:53 (one year ago) link
Schadenfreude level: moderate. Need it to go down to pre-COVID levels to really get excited.
― longtime caller, first time listener (man alive), Tuesday, 10 May 2022 01:41 (one year ago) link
when your coins are v. stable
https://www.bloomberg.com/opinion/articles/2022-05-10/another-algorithmic-stablecoin-isn-t
― mookieproof, Tuesday, 10 May 2022 21:44 (one year ago) link
now down to 0.47 which is hilarious
― just sayin, Wednesday, 11 May 2022 07:23 (one year ago) link
not so funny reading all the regular ppl who have lost a lot of money
― just sayin, Wednesday, 11 May 2022 08:38 (one year ago) link
https://pbs.twimg.com/media/FSdVTofUcAER44v?format=jpg&name=large
― lag∞n, Wednesday, 11 May 2022 13:05 (one year ago) link
#Luna has fallen below $1 mark.High chances of Terra Luna going to zero.$UST is at 0.30. #cryptocurrency #Cryptocrash #ustdepeg pic.twitter.com/FUlnilbCh9— AltcoinSea.com (@AltcoinSea) May 11, 2022
― lag∞n, Wednesday, 11 May 2022 13:06 (one year ago) link
this is true, but what do you want? for the regular people to make money? on cryptocurrency? for no reason? so they could live on it? just because they "held onto it"? that's what fucking social security used to be for, before it was gutted!
― Bruce Stingbean (Karl Malone), Wednesday, 11 May 2022 13:56 (one year ago) link
regular people should get the fuck out of cryptocurrency. at least with subprime mortgages some people temporarily got a shitty home out of it
it's not funny, it sucks for the people, but for fuck's sake, regular people, stop buying it and trading it and broing the fuck out of it. and for fuck's sake, rich ass people who dominate our world, stop integrating it into everything, stop making crypto icons and inserting them between what two ass cheeks of icons were already there on the app, stop putting it on the fucking sports stadium, stop putting it in space, just everyone on earth the shut the fuck up and turn out the lights
― Bruce Stingbean (Karl Malone), Wednesday, 11 May 2022 13:58 (one year ago) link
regular people can be assholes too, and when they engage in assholish behaviour like investing in crypto...
― corrs unplugged, Wednesday, 11 May 2022 13:58 (one year ago) link
either none of it is funny, or it's ALL funny, because all of this is a giant fucking joke
hehe yes but a sad lol kind of joke
― corrs unplugged, Wednesday, 11 May 2022 13:59 (one year ago) link
this is true, haha
― Bruce Stingbean (Karl Malone), Wednesday, 11 May 2022 14:01 (one year ago) link
a dark humor, about the world
― lag∞n, Wednesday, 11 May 2022 14:11 (one year ago) link
i feel like a drawing in a medieval cartoon, and the village guy with the tall hat has put leeches on me and is preparing a custom brew with a frog leg hanging over the tip of the cup (which is made of shit and mud), and then finally i just let it all out, shit and blood, but also so much crypto
― Bruce Stingbean (Karl Malone), Wednesday, 11 May 2022 14:15 (one year ago) link
and then the dog starts licking it
and then the dog gets rich, for the next 5 years, and can't stop telling everyone about crypto
the dog has a too human face
― lag∞n, Wednesday, 11 May 2022 14:23 (one year ago) link
https://i.imgur.com/YptEifq.jpg
"a bunch of hoomans don't know how to hodl"
― Bruce Stingbean (Karl Malone), Wednesday, 11 May 2022 14:28 (one year ago) link
https://pbs.twimg.com/media/FR_Xp_uXsAAxTHU?format=png&name=small
― lag∞n, Wednesday, 11 May 2022 14:31 (one year ago) link
Probably the most retarded thread ive read this decade.Silence is a perfectly acceptable option if stupid.Billionaires in my following, go ahead, see what happens https://t.co/wtt9OhX4kg— Do Kwon 🌕 (@stablekwon) November 28, 2021
― lag∞n, Wednesday, 11 May 2022 15:10 (one year ago) link
went up a bit and then back down during the time i was on a teams with a guy from the co op talking thru what shd go in my will (unrelated, 1 hr max)
― mark s, Wednesday, 11 May 2022 15:34 (one year ago) link
lol hate server issues
High system and blockchain load today. Binance P2P trading had a server issue, and is in maintenance mode. Our team is on it. Should recover in 30-60 min. All other systems (spot & futures) are fine.— CZ 🔶 Binance (@cz_binance) May 11, 2022
― lag∞n, Wednesday, 11 May 2022 15:36 (one year ago) link
― mookieproof, Tuesday, May 10, 2022 5:44 PM (yesterday) bookmarkflaglink
good overview of this weird shit for interested readers
― lag∞n, Wednesday, 11 May 2022 15:48 (one year ago) link
Well at least one guy made out pic.twitter.com/22O0iatayr— warrior cop (@wyatt_privilege) May 11, 2022
― lag∞n, Wednesday, 11 May 2022 21:22 (one year ago) link
/r/terraluna/ has suicide hotlines pinned at the top.
― Elvis Telecom, Wednesday, 11 May 2022 22:45 (one year ago) link
here we go, here we fucken go, let's ride this one all the way to hell
https://coinmarketcap.com/currencies/tether/
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:00 (one year ago) link
tbf though, a lot of these shitcoins are doing better than mid cap tech stocks (palantir, lyft, snowflake, shopify, peleton, etc.)
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:08 (one year ago) link
suicide and political radicalization via collapse of a pseudobanking system is not funny, but this. this is extremely funny.
Eric Adams recieved his first paycheck of $5,900 dollars. Since then, Bitcoin fell by 55%, meaning his paycheck is now worth $2,655.However, since he pays taxes on 45% on his original $5900 paycheck, his first paycheck was a grand total of…Negative 600 bucks— Lucas 🧡 (@LucasOfSunshine) May 11, 2022
― 𝔠𝔞𝔢𝔨 (caek), Thursday, 12 May 2022 06:12 (one year ago) link
lmfao
― lag∞n, Thursday, 12 May 2022 12:23 (one year ago) link
Coinbase is struggling too, according to this Guardian article (see the last few paras):
https://www.theguardian.com/technology/2022/may/12/stablecoin-tether-breaks-dollar-peg-cryptocurrencies
Is total system collapse a real possibility?
― Critique of the Goth Programme (Neil S), Thursday, 12 May 2022 12:26 (one year ago) link
imho thats always been the most likely outcome
― lag∞n, Thursday, 12 May 2022 12:30 (one year ago) link
i mean its all totally fake and insanely fraudulent
the big push to get more retail investors involved with all those tv commercials and whatnot is clearly the end stage theres not anyone else deposit money into the system after them
― lag∞n, Thursday, 12 May 2022 13:00 (one year ago) link
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 (one year ago) link
lol soon
― lag∞n, Thursday, 12 May 2022 13:05 (one year 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 (one year 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 (one year 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 (one year 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 (one year ago) link
https://i.imgur.com/7C8apab.jpg
― frogbs, Thursday, 12 May 2022 14:26 (one year 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 (one year ago) link