Bitcoin....who's gotten into it?

[mcsquared]

Verge has many scammy traits. Avoid.

Doug sums it up pretty well.

https://www.youtube.com/watch?v=pSO4...ature=youtu.be


https://www.youtube.com/watch?v=dez6...ature=youtu.be


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Oh, this one is scammy? Gotcha Chief. I am not looking to buy. I prefer to have my money earn money. But thought it was interesting. This is how VHS became the standard despite being inferior.

[stalefish3169]

Oh, this one is scammy? Gotcha Chief. I am not looking to buy. I prefer to have my money earn money. But thought it was interesting. This is how VHS became the standard despite being inferior.

Verge did go from about 3 cents to 10 within the last month. So I am sure some people made money. But I'm not going anywhere near it.

Back when most people got porn via video tape, paying for it was a lot more understandable. Why anyone pays for porn now is beyond me.




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[skaredshtles]

lol:

[summit]

^WTF kind of manipulation is that?

[stalefish3169]

^WTF kind of manipulation is that?

That's the Bart Simpson pattern.

I think it's Soros fucking up the day traders. Haha



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[skaredshtles]

Now that right there is FUCKING GOLD!

[stalefish3169]

Now that right there is FUCKING GOLD!

Glad we finally agree on something!

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[stalefish3169]

This certainly seems like a dying market in its final days.



Nothing interesting is happening.

https://www.google.com/amp/s/bitcoin...ion-token/amp/

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[swissiphic]

This certainly seems like a dying market in its final days.

Yeah sux...terrible time to launch the FKNA coin.

Nice to see doubling of coins over the past little while. Pay for new ski gear purchases this spring. No new lambo though.

[splat]

The FKNA coin launch is gonna need a heavyweight or two.....like Samuel L. Jackson and John Travolata ala Pulp Fiction.

[skaredshtles]

This certainly seems like a dying market in its final days.



Nothing interesting is happening.

https://www.google.com/amp/s/bitcoin...ion-token/amp/

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Hooray for "currency" volatility!!

[Skidog]

This certainly seems like a dying market in its final days.



Nothing interesting is happening.

https://www.google.com/amp/s/bitcoin...ion-token/amp/

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Wasnt this double back in like December? Like others have said...hooray for currency volatility.

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[Skidog]

Some things I can't reconcile in the bear argument: if this is all nonsense and BTC is a goose egg...

1 - why is so much talent going into it?
2 - if the talent drives a durable, new utility, will that support coin price appreciation?
3 - got lazy, forgot 3rd

I've said it before. I believe the underlying blockchain technology has some uses, just not as a currency.

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[ICantLogIn]

LOL

[ICantLogIn]

Hit $570USD today.
Over a billion USD bought and sold just this last week in Btc.
Things going crazy.
The mining reward will halve soon.
It will probably come crashing down.

The good old days.

[365wp]

Some things I can't reconcile in the bear argument: if this is all nonsense and BTC is a goose egg...

1 - why is so much talent going into it?

It's still a niche market, like mobile development used to be, web development before/during the Dot.com boom, etc.

[Flyoverland Captive]

I've said it before. I believe the underlying blockchain technology has some uses, just not as a currency.

But blockchain only works if you incentivize people to use their computers as nodes on the distributed network. And that means you have to give them something in exchange. Thus rewarding miners with a shot at coins. So by design, it’s some sort of weird currency.

I don’t see how you separate blockchain from a monetary reward system. Why would anyone bother to use energy otherwise?

[Skidog]

But blockchain only works if you incentivize people to use their computers as nodes on the distributed network. And that means you have to give them something in exchange. Thus rewarding miners with a shot at coins. So by design, it’s some sort of weird currency.

I don’t see how you separate blockchain from a monetary reward system. Why would anyone bother to use energy otherwise?

Tracking. Supply chain management. Call it "internal" blockchain.

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[jacob_dbu]

Tracking. Supply chain management. Call it "internal" blockchain.

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There are so many other algorithms out there if you don't require hardness to Sybil attacks or Byzantine consensus. It would be a waste of energy to run an "internal" blockchain with distributed consensus. Not to mention slow.

Here's my take:

As we know it today blockchain is a load of shit. It won't replace currencies any time soon. There are a lot of problems.

But it is a super awesome toy idea that actually works - and that's pretty cool. I think there is so much talent going into it because there is an opportunity for money, but also because late stage capitalism is a big fuck you to the average person. Especially the way we see it as Millennials. Of course now everyone in crypto believes they are an economic prodigy.

Regardless, I think the work going into distributed consensus is pretty neat from a technical standpoint. Time will tell what happens to all the coins, but I believe long run (n -> infinity) every coin out there today will go to zero. All have significant problems that will prevent them from being actually useful as a currency.

[Skidog]

There are so many other algorithms out there if you don't require hardness to Sybil attacks or Byzantine consensus. It would be a waste of energy to run an "internal" blockchain with distributed consensus. Not to mention slow.

Here's my take:

As we know it today blockchain is a load of shit. It won't replace currencies any time soon. There are a lot of problems.

But it is a super awesome toy idea that actually works - and that's pretty cool. I think there is so much talent going into it because there is an opportunity for money, but also because late stage capitalism is a big fuck you to the average person. Especially the way we see it as Millennials. Of course now everyone in crypto believes they are an economic prodigy.

Regardless, I think the work going into distributed consensus is pretty neat from a technical standpoint. Time will tell what happens to all the coins, but I believe long run (n -> infinity) every coin out there today will go to zero. All have significant problems that will prevent them from being actually useful as a currency.

IBM isn't invesitng tons of money in blockchain to make coins..think about that. Hell they are running commercials for it. It's a better end to end "ledger" system for inventory control. The press is about the coins/$ not the tech so you hear little about all it's possible applications.

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[stalefish3169]

Bears are losing control.

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[stalefish3169]

It all makes sense now. John Oliver brought the EOS FUD so he could fill his bags when it dropped to 4 bucks. It's on fire now above $15 and likely to keep pumping.

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[swissiphic]

It all makes sense now. John Oliver brought the EOS FUD so he could fill his bags when it dropped to 4 bucks. It's on fire now above $15 and likely to keep pumping.

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go EOS!

[stalefish3169]

Go everything! Lol

https://assets.bwbx.io/images/users/.../-999x-999.gif

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[digitaldeath]

http://image.mail.chaseb2b.com/lib/f...es_4-24-18.pdf


chase using the word BITCOIN to attract business

they wont accept BTC but they will take the cash from wallet liquidation


another charade



BTC created by US intel community