Author Topic: Bitcoin and Cryptocurrency Thread (Read 197219 times)

Assimilate · « **Reply #1500 on:** July 12, 2018, 11:27:27 AM »

Quote from: Atramental on July 12, 2018, 09:50:56 AM

https://www.cnbc.com/2018/07/11/start-up-exec-says-his-call-for-60000-bitcoin-is-still-possible-this.html

Bitcoin is only $6,100+ today. I hope you fence sitters get in while it’s still cheap.

iexec hasn't done shit but lose me money so far. when is this damn thing climbing ?

Atramental · « **Reply #1501 on:** July 12, 2018, 12:41:07 PM »

Should've sold that pump.

I'd say it'll rise again during autumn assuming bitcoin doesn't plummet down to $3000 or lower this year.

Assimilate · « **Reply #1502 on:** July 12, 2018, 12:43:12 PM »

Quote from: Atramental on July 12, 2018, 12:41:07 PM

Should've sold that pump.

I'd say it'll rise again during autumn assuming bitcoin doesn't plummet down to $3000 or lower this year.

arrow · « **Reply #1503 on:** July 13, 2018, 02:35:46 PM »

Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

Atramental · « **Reply #1504 on:** July 13, 2018, 04:16:12 PM »

Quote from: arrow on July 13, 2018, 02:35:46 PM

Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

Great Rumbler · « **Reply #1505 on:** July 13, 2018, 04:25:18 PM »

Quote from: arrow on July 13, 2018, 02:35:46 PM

Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

None of these currencies are showing positive long-term growth, so it's probably the same small group of people constantly buying and selling coins to each other to try to maintain the illusion of interest.

curly · « **Reply #1506 on:** July 13, 2018, 05:11:16 PM »

Quote from: arrow on July 13, 2018, 02:35:46 PM

Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??

If Wile E Coyote never realized that he was running on thin air, but just kept going, would he have fallen eventually? Bitcoin seeks to answer that question.

kingv · « **Reply #1507 on:** July 14, 2018, 12:29:05 AM »

Quote from: Atramental on June 21, 2018, 06:29:37 PM

Quote
It's going to enable off-chain processing for ETH, but their endgame is edge/fog computing. It's essentially next-gen cloud infrastructure, which by the way is being developed by iExec, IBM, Microsoft, Samsung, Intel and CISCO_FUCKING_SYSTEMS. Why is this huge? Well. 80% of the world's data is handled by Cisco routers and switches. Now iExec is working with all these behemoths side-by-side @ OpenFog consortium. If these guys want to push new tech, you'd be an absolute distinguished mentally-challenged fellow betting against them.

Imagine you're a datacenter. Now what does it cost to run it all? Literally hundreds of millions to build it and then some more to keep it running. Now imagine you could provide hosting and computing (Amazon Web Services, Netflix runs on it for example), without having to build a huge fucking datacenter. You just rent any goddamn hardware that is idling anywhere in the world to provide your service.

Now, you don't pay for infrastructure. So you cut your prices down. You become appealing to customers. You grow. You become the airBnB and Uber of data networks/service providing.

What do you need the tokens for, you might ask? Well let my *incoherently screeching*-as-fuck ass tell you.
It's to pay the hardware owners for computational cycles. Just like mining, but actually doing work and not wasting electricity for frivolous shit.

Oh, this sort of network model is also ABSOLUTELY CRUCIAL to IoT, since it kills all sorts of problems associated with latency and security. FUCK. This project makes my dick hard.
http://boards.4chan.org/biz/thread/9976984

I don’t think the majority of home PCs and connections are well-suited to being servers.

It might work ok for certain types of works but I don’t think it won’t be able to replace true data centers at scale. Basically, this sounds like it would only work for things that don’t need a ton of data but need a ton of processing, and I’m not sure how many things truly fall into this.

I’m pretty sure that most machine learning algorithms don’t, certainly big database queries don’t. You’d basically need things that are essentially folding at home but has commercial potential.

arrow · « **Reply #1508 on:** July 14, 2018, 02:52:09 AM »

Quote from: Atramental on July 13, 2018, 04:16:12 PM

Quote from: arrow on July 13, 2018, 02:35:46 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
(Image removed from quote.)

Aha! Blofeld's other cat running the bitcoin show makes sense. When do we get to the part where we find out that Satoshi Nakamoto is actually the head of Spectre, and bitcoin is his attempt to blow up the world's currency market?

arrow · « **Reply #1509 on:** July 14, 2018, 02:55:14 AM »

Quote from: arrow on July 14, 2018, 02:52:09 AM

Quote from: Atramental on July 13, 2018, 04:16:12 PM
Quote from: arrow on July 13, 2018, 02:35:46 PM
Jeez, is this imaginary money still sitting at $6k+??? Who is still buying into this??
(Image removed from quote.)

Edit: WTF? Double post quote? Needs more caffeine.

team filler · « **Reply #1510 on:** July 18, 2018, 03:45:25 AM »

Atramental · « **Reply #1511 on:** July 18, 2018, 10:55:17 AM »

https://medium.com/iex-ec/iexec-workerdrop-1-c495774146ff

Gonna try and earn some RLC with my gaming laptop.

Nintex · « **Reply #1512 on:** July 23, 2018, 02:25:08 PM »

Assimilate · « **Reply #1513 on:** July 23, 2018, 04:58:54 PM »

Quote from: Atramental on July 18, 2018, 10:55:17 AM

https://medium.com/iex-ec/iexec-workerdrop-1-c495774146ff

Gonna try and earn some RLC with my gaming laptop.

RLC isn't doing shit. it's hovering .60cents range man. wtf is this

at this point i just want to recoup my money from this shitty ass coin

Atramental · « **Reply #1514 on:** July 23, 2018, 05:02:58 PM »

Lol. You’re gonna be kicking yourself for selling the bottom instead of buying more.

Nabbis · « **Reply #1515 on:** August 07, 2018, 07:05:26 AM »

Any tips on what opportunities there are to running programs on a pc and generate money? Since i don't pay for electricity(part of the fixed rent) i probably could earn some extra money? Though this is a crypto thread i assume you guys know about other alternatives.

Nintex · « **Reply #1516 on:** August 07, 2018, 07:36:14 AM »

Assimilate · « **Reply #1517 on:** August 14, 2018, 07:05:20 PM »

Is it over?

I almost have nothing left on this distinguished mentally-challenged iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.

fuck this shit. do i pull my money out ? god this is brutal

Nintex · « **Reply #1518 on:** August 14, 2018, 07:21:21 PM »

Quote from: Assimilate on August 14, 2018, 07:05:20 PM

Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.

fuck this shit. do i pull my money out ? god this is brutal

If you're in the dumps I would just hold until it gets better so you can get your investment back.

It doesn't make much sense to get out when you're going to make a loss.
Chances it'll reach the all time highs again anytime soon are low but if you didn't get in that late you should be able to at least get back what you've invested.

Unless all your money is in some weird niche meme coin.

I've been gradually pulling out small amounts during peaks these past few months just to decrease the risk. But overall I'm holding on (and still in the green actually, although ETH is taking a beating)

Great Rumbler · « **Reply #1519 on:** August 14, 2018, 07:22:40 PM »

Atramental · « **Reply #1520 on:** August 14, 2018, 07:43:35 PM »

I haven't lived in "normal" reality for years.

seagrams hotsauce · « **Reply #1521 on:** August 14, 2018, 08:31:09 PM »

Quote from: Assimilate on August 14, 2018, 07:05:20 PM

Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.

fuck this shit. do i pull my money out ? god this is brutal

hahaha, lol you're stupid

Assimilate · « **Reply #1522 on:** August 14, 2018, 09:00:17 PM »

Quote from: seagrams hotsauce on August 14, 2018, 08:31:09 PM

Quote from: Assimilate on August 14, 2018, 07:05:20 PM
Is it over?

I almost have nothing left on this lacking in mental fortitude iexec idea. I could have pulled out 2600, didnt' pull out, doubled down and threw in an extra 1g of my own money.....

i have $500 left.

fuck this shit. do i pull my money out ? god this is brutal

hahaha, lol you're stupid

You silly Beak. Miss you

toku · « **Reply #1523 on:** August 21, 2018, 02:35:22 PM »

https://twitter.com/karbonbased/status/1031541717135179776

Joe Molotov · « **Reply #1524 on:** August 21, 2018, 03:32:24 PM »

https://twitter.com/zurich_gnome/status/1031665511829065728

Skullfuckers Anonymous · « **Reply #1525 on:** August 23, 2018, 07:09:35 PM »

It is not time to lay down nor look down.

It is time to rise.

IOTA, they crashed it.

ETH, they crashed it.

BTC, they crashed it.

When is enough, ENOUGH?

Institutional money has entered a market. They are here.

They are using advanced strategies to trigger our stop losses.

This is not one battle.

This is a war.

On all of us.

We all have to work together. Share strategies. Come up with new ones.

Forget which coin is better.

We are fighting for our right to decentralization.

If we do not work together, we will all get rekt.

We have to all have an open discussion about this.

It starts right here. Right now.

They want to fck with us. SO BE IT.

We have the power of bots like them.

BUT WE HAVE MORE DRIVE.

I am TIRED of it.

Tired of the GAMES and MANIPULATION.

They want WAR.

Then let us GIVE THEM WAR.

Nintex · « **Reply #1526 on:** August 23, 2018, 07:20:23 PM »

Just follow John McCafee

Crypto will be fine with John on our side.

toku · « **Reply #1527 on:** August 29, 2018, 11:29:21 PM »

https://twitter.com/motherboard/status/1034938748851707905

team filler · « **Reply #1528 on:** August 30, 2018, 12:57:19 AM »

I wanna eat the ass of this blockchain ~~expert~~ slut

toku · « **Reply #1529 on:** September 07, 2018, 10:30:18 AM »

https://www.reddit.com/r/CryptoCurrency/comments/9dsaii/when_the_bitcoin_price_dips_but_youre_a_long_term/

Nintex · « **Reply #1530 on:** October 25, 2018, 04:25:41 PM »

#latestagecrypto

I've traded all my remaining Ether for Bitcoin.
Then send everything to Elon Musk who returns between 1 or 200 XBT.

spoiler (click to show/hide)

Of course it didn't work out well, and that was 2 weeks ago. How's your cryptolife?

[close]

Assimilate · « **Reply #1531 on:** October 25, 2018, 04:46:38 PM »

Quote from: Nintex on October 25, 2018, 04:25:41 PM

#latestagecrypto

I've traded all my remaining Ether for Bitcoin.
Then send everything to Elon Musk who returns between 1 or 200 XBT.

spoiler (click to show/hide)
Of course it didn't work out well, and that was 2 weeks ago. How's your cryptolife?
[close]

garbage. when iexec (on atras advice) went up, I could have pulled out a profit of like 2gs. Now I'm negative with $600 left in the account.

zomgee · « **Reply #1532 on:** November 21, 2018, 01:40:19 PM »

atra

atra are you ok

Atramental · « **Reply #1533 on:** November 21, 2018, 02:21:38 PM »

I'm not even looking at it anymore.

My balance might as well be zero for all I care.

Nintex · « **Reply #1534 on:** November 21, 2018, 02:41:12 PM »

John McAfee says:

https://twitter.com/officialmcafee/status/1064767815431798784

Honestly, I feel that all the bad PR around Crypto (Musk, John, Russian scams etc.) has put a dent in the trustworthyness of the whole thing.
Like it was better when it just ran on the memes.

brawndolicious · « **Reply #1535 on:** November 21, 2018, 03:09:26 PM »

Bitcoin is useless for transactions and will eventually be substituted by nationalized blockchain currencies. There's no value it offers over anything other than being the first.

kingv · « **Reply #1536 on:** November 21, 2018, 04:19:27 PM »

The fact that bitcoin is worth 4400 is actually shocking to me. It really should be 0.

curly · « **Reply #1537 on:** November 22, 2018, 08:25:35 PM »

better make up your bitcoin losses by going all in on the Iraqi dinar

Joe Molotov · « **Reply #1538 on:** November 23, 2018, 02:24:12 PM »

Atra, you on this yet?

toku · « **Reply #1539 on:** November 24, 2018, 10:48:58 PM »

https://arstechnica.com/tech-policy/2018/11/bitcoin-plunges-12-percent-reaching-lowest-value-in-a-year/

oh olde

headwalk · « **Reply #1540 on:** December 07, 2018, 11:44:21 AM »

https://cointelegraph.com/news/market-mayhem-bitcoin-sinks-below-34k-ethereum-plummets-to-double-digits

always long schadenfreude.

Nintex · « **Reply #1541 on:** December 07, 2018, 02:02:08 PM »

Don't worry John got this

https://twitter.com/officialmcafee/status/1070348849527574528

Funds are safe

benjipwns · « **Reply #1542 on:** December 11, 2018, 04:19:35 AM »

https://twitter.com/officialmcafee/status/1071395711244267525

headwalk · « **Reply #1543 on:** December 11, 2018, 07:11:32 AM »

just bought a refurb 1080ti for a bit over half what the identical performance 2080 costs.

cheers bitcoin!

kingv · « **Reply #1544 on:** December 13, 2018, 08:36:29 AM »

Yes, I do feel like we will see a decrease in gpu prices soon.

Nintex · « **Reply #1545 on:** December 15, 2018, 08:07:14 PM »

Bitcoin might go down all the way to 0

Brehvolution · « **Reply #1546 on:** December 17, 2018, 10:04:16 AM »

So it will finally reflect it's real worth.

Kara · « **Reply #1547 on:** February 21, 2019, 01:14:09 AM »

https://www.technologyreview.com/s/612974/once-hailed-as-unhackable-blockchains-are-now-getting-hacked/

team filler · « **Reply #1548 on:** February 21, 2019, 01:35:30 AM »

Brehvolution · « **Reply #1549 on:** February 21, 2019, 09:34:35 AM »

FOMO on getting robbed.

Joe Molotov · « **Reply #1550 on:** February 21, 2019, 10:56:59 AM »

Is dogecoin still secure?

BisMarckie · « **Reply #1551 on:** February 21, 2019, 12:25:37 PM »

Quote from: Joe Molotov on February 21, 2019, 10:56:59 AM

Is dogecoin still secure?

I still have a couple of hundred dogecoins I mined.

I am about to get rich brehs.

team filler · « **Reply #1552 on:** April 03, 2019, 11:37:07 PM »

https://www.rt.com/business/455452-crypto-currencies-rise-bitcoin/

Major cryptos surge after bitcoin suddenly rises from the dead

toku · « **Reply #1553 on:** May 16, 2019, 08:02:01 PM »

https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/

Brehvolution · « **Reply #1554 on:** August 14, 2019, 11:33:14 AM »

Quote

Lost Crypto Value Surpasses $4.26B Worldwide In 2019
Over $4.26 billion in cryptocurrency holdings were lost globally in the first half of 2019 despite an uptick in regulatory awareness in the industry, cryptocurrency anti-money laundering intelligence firm CipherTrace said in a report published Tuesday

Coax · « **Reply #1555 on:** October 24, 2019, 01:38:50 AM »

https://www.foxla.com/news/torrance-man-sues-att-over-1-8-million-sim-swap-hack-allegedly-involving-company-employees

Guy invests life savings in cryptocurrency, presumably used SIM-based 2FA for some wallet, phone shows SIM is dead suddenly and guy suspects SIM swap hack and tries to get AT&T to prevent it. Allegedly the hackers according to logs obtained by feds (from Discord lol) paid off AT&T employees to stall prevention while swap was in progress and took control of his accounts.

Who tf uses Discord for disclosing hacking activities

Though probably less short-sighted than putting one's entire life savings in crypto that you've knowingly tied to a weak point.

Potato · « **Reply #1556 on:** October 24, 2019, 08:15:03 AM »

Is this shit still a thing, huh?

Thought it would have been long dead by now.

Great Rumbler · « **Reply #1557 on:** October 24, 2019, 09:54:35 AM »

Quote from: Potato on October 24, 2019, 08:15:03 AM

Is this shit still a thing, huh?

Thought it would have been long dead by now.

HODOL

kingv · « **Reply #1558 on:** October 25, 2019, 03:08:17 PM »

Putting your life savings into crypto is the dumbest possible shit.

Raist · « **Reply #1559 on:** October 26, 2019, 03:48:30 PM »

Quote from: Great Rumbler on October 24, 2019, 09:54:35 AM

Quote from: Potato on October 24, 2019, 08:15:03 AM
Is this shit still a thing, huh?

Thought it would have been long dead by now.

HODOL

News:

Author Topic: Bitcoin and Cryptocurrency Thread (Read 197219 times)