btwn this, the "water grid" article and the Silicon Valley retreat, Nellie Bowles is the NYT MVP rn
― Simon H., Monday, 15 January 2018 15:40 (six years ago) link
I hope she turns this stuff into a book
― El Tomboto, Monday, 15 January 2018 16:19 (six years ago) link
She should call it Quiddities and Agonies of the Ruling Class
― IF (Terrorist) Yes, Explain (man alive), Monday, 15 January 2018 16:25 (six years ago) link
Oh wow, I really need to explore her work more:
https://www.nytimes.com/2017/12/04/technology/silicon-valley-esalen-institute.html
“I just sold my start-up and needed a place to reflect,” said Sam McBride, 31, from Chicago. “To give me some perspective.”
Esalen’s hot springs are good all day but are famous for the night scene, when they open to the public between 1 and 3 a.m. A weekend stay for a couple at Esalen can cost $2,890, so budget travelers stay nearby and come wandering in with towels a little after midnight.
― IF (Terrorist) Yes, Explain (man alive), Monday, 15 January 2018 16:29 (six years ago) link
huh i've read all these pieces but somehow failed to notice the same person wrote them all
nellie bowles 4 presidetn
― pee-wee and the power men (bizarro gazzara), Monday, 15 January 2018 16:30 (six years ago) link
she's the marilyn hagerty of the 1%
― illegal economic migration (Tracer Hand), Monday, 15 January 2018 16:39 (six years ago) link
the 1am-3am time slot at esalen is $30
it's open to the public at that time but i think you still need to make a reservation? but it's fairly straightforward to do
― infinity (∞), Monday, 15 January 2018 17:14 (six years ago) link
i've never really understood that place
― akm, Monday, 15 January 2018 17:17 (six years ago) link
https://medium.com/@TPlusZero/xrp-from-an-investors-perspective-4524585cd60e
― infinity (∞), Monday, 15 January 2018 17:52 (six years ago) link
The End of Money is Nigh
― Dean of the University (Latham Green), Tuesday, 16 January 2018 18:23 (six years ago) link
yeesh rough 24 hours for these guys
― frogbs, Tuesday, 16 January 2018 21:10 (six years ago) link
https://www.youtube.com/watch?v=s1rf4POIG0Y
― bhad and bhabie (upper mississippi sh@kedown), Tuesday, 16 January 2018 21:19 (six years ago) link
Watch them fall in real time.
― ... (Eazy), Wednesday, 17 January 2018 14:55 (six years ago) link
There's more than 1200 digital currencies being tracked here
― ♫ very clever with maracas.jpg ♫ (Le Bateau Ivre), Wednesday, 17 January 2018 15:09 (six years ago) link
was sure that link was going to be a photo of a landfill
― sktsh, Wednesday, 17 January 2018 16:29 (six years ago) link
it is kind of neat how they all rise and fall in unison
― frogbs, Wednesday, 17 January 2018 16:53 (six years ago) link
these might as well be d&d character stats for all they reflect reality
― grim-n-gritty hooty reboot (bizarro gazzara), Wednesday, 17 January 2018 16:54 (six years ago) link
brb gonna put all my money in gelatinouscubecoin
― grim-n-gritty hooty reboot (bizarro gazzara), Wednesday, 17 January 2018 16:55 (six years ago) link
ILXcoin
― ... (Eazy), Wednesday, 17 January 2018 16:59 (six years ago) link
too late i've already lost all my money
― grim-n-gritty hooty reboot (bizarro gazzara), Wednesday, 17 January 2018 17:00 (six years ago) link
marathonnot sprint fellas
― infinity (∞), Wednesday, 17 January 2018 17:00 (six years ago) link
your bitcoianz, show them to me
― IF (Terrorist) Yes, Explain (man alive), Wednesday, 17 January 2018 17:03 (six years ago) link
in the future, every one will have their own COIN
Even Pat Sajak
― Dean of the University (Latham Green), Wednesday, 17 January 2018 19:38 (six years ago) link
Sajakzłoty
― Roberto Spiralli, Wednesday, 17 January 2018 20:59 (six years ago) link
I don't know who first referred to Bitcoins as "Dunning-Krugerrands" but I love it— Julia Galef (@juliagalef) January 22, 2018
― Thomas NAGL (Neil S), Tuesday, 23 January 2018 09:28 (six years ago) link
wow, that's almost too good
― IF (Terrorist) Yes, Explain (man alive), Tuesday, 23 January 2018 15:33 (six years ago) link
heh https://theoutline.com/post/3074/inside-the-group-chats-where-people-pump-and-dump-cryptocurrency?zd=1
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 23 January 2018 17:56 (six years ago) link
How much take up has Tether had?
Crypochat: here's a short thread about Tether. It's a cryptocurrency owned by the crypto exchange bitfinex. The idea is that each tether (USDT) is always worth us dollar. Here's their site https://t.co/QTj7WMOB0h— Lord Blockchain (@lordbeef) January 20, 2018
― Wag1 Shree Rajneesh (ShariVari), Tuesday, 23 January 2018 18:50 (six years ago) link
can't figure out if this is a Grand Chaos Felony or Technically Not Illegal
― frogbs, Tuesday, 23 January 2018 19:11 (six years ago) link
There are regulations prohibiting price manipulation of securities, commodities, and currencies, but I don't think there's been any agreement on which, if any, it is. By contrast I don't know if there's any regulation against price manipulation of something like collectibles, although it might violate state consumer fraud statutes.
― IF (Terrorist) Yes, Explain (man alive), Tuesday, 23 January 2018 19:14 (six years ago) link
https://stripe.com/blog/ending-bitcoin-support
― 𝔠𝔞𝔢𝔨 (caek), Tuesday, 23 January 2018 19:54 (six years ago) link
wait do people actually still pay for stuff with Bitcoins
― frogbs, Tuesday, 23 January 2018 19:54 (six years ago) link
it’s the only currency my child-blood supplier will accept
― grim-n-gritty hooty reboot (bizarro gazzara), Tuesday, 23 January 2018 19:56 (six years ago) link
Yeah, I always have to pay in bitcoin to get the top-shelf krokodil, the stuff that melts your face all the way off.
― the smartest persin in the room (Old Lunch), Tuesday, 23 January 2018 20:07 (six years ago) link
The idea is that each tether (USDT) is always worth us dollar.
(picks up a rock off the ground) I have an idea this is worth a dollar. Whattaya think?
― A is for (Aimless), Tuesday, 23 January 2018 20:11 (six years ago) link
lol so this whole thing is like a poker game where there's $25,000 worth of chips on the table but the cashier only has $200, which the other players recognize is a problem until one of them speaks up and says "I know how we solve this, lets put another $10,000 in chips on the table"
― frogbs, Tuesday, 23 January 2018 20:19 (six years ago) link
sometimes I feel pain when I think of how much it would be worth now if I'd put £10 into Bitcoin back when I first heard of it
I've been consoling myself with the oft-repeated claim that this shit is near-impossible to cash out in quantity, but apparently an idiot of my acquaintance made a million and actually did manage (so I am told) to cash out
*shakes fist at universe*
― a passing spacecadet, Tuesday, 23 January 2018 21:25 (six years ago) link
If it's any consolation, I like to think of these people, via:
― frogbs, Tuesday, January 23, 2018 7:54 PM (one hour ago) Bookmark Flag Post Permalink
I remember loads of news reports of two, three years ago of people paying for their cuppa joe or carrot cake just for the rolling camera of the news, to show how it's done. That's tens of thousands of dollars down the drain alone.
― ♫ very clever with maracas.jpg ♫ (Le Bateau Ivre), Tuesday, 23 January 2018 21:56 (six years ago) link
well still nothing on the dude who spent 10,000 Bitcoins on 2 pizzas years ago
that said I'm not convinced that any of these people would have actually held on until it hit $16k or whatever. they all sound like the degen sports betters I knew who always "just knew" some weird parlay they almost bet was gonna come through, which in reality just means they would've delayed going broke for a month
― frogbs, Tuesday, 23 January 2018 22:02 (six years ago) link
yeah, I'm not that mad that I sold the 1 bitcoin I had purchased at $350-400 for $1000ish (and the .1 left over when it was $17k) - I sure as fuck would have sold it at small multiples of that $1k well before it peaked.
― louise ck (milo z), Tuesday, 23 January 2018 22:09 (six years ago) link
that said I'm not convinced that any of these people would have actually held on until it hit $16k or whatever.
Def, that's key. Can hardly blame most; it's a trve believer of new currency vs robo-currency-million-dollar-baby-condo-in-la traderrrr thing. It shifted when the coin blew up. Even the true believers stopped paying for their coffees with it, and are bawling right now in their ripped Hawaiian t-shirts, because what was once a currency blew up partly due to their enthusiasm, and grew into a scheme.
― ♫ very clever with maracas.jpg ♫ (Le Bateau Ivre), Tuesday, 23 January 2018 22:30 (six years ago) link
― louise ck (milo z), Tuesday, January 23, 2018 5:09 PM (fifty-one minutes ago) Bookmark Flag Post Permalink
Yeah, this is a really important lesson to learn before hindsight-bashing one's investment decisions -- even where you could have held on longer, it's very unlikely that you would have held on long enough, because at the time you had no way to know a crash wasn't around the corner.
― IF (Terrorist) Yes, Explain (man alive), Tuesday, 23 January 2018 23:04 (six years ago) link
Also people tend to remember their near-wins and forget their losses.
― IF (Terrorist) Yes, Explain (man alive), Tuesday, 23 January 2018 23:06 (six years ago) link
helps that I was buying to use it coughcough and didn't so the increase in value was just a bonus all around
― louise ck (milo z), Tuesday, 23 January 2018 23:08 (six years ago) link
yeah apparently bitcoin is something called "parabolic" and it's only at the start of the curve... my nephew told me that in 25 years my 0.0001 bitcoins will be worth several hundred thousand dollars - very exciting!
― Frobisher, Tuesday, 23 January 2018 23:24 (six years ago) link
i got this coin called LorentzianCoin. it is exponential and it's only the start of the curve.
― Dat Login was the dname u doofus (Sufjan Grafton), Wednesday, 24 January 2018 00:24 (six years ago) link
Yep, every single one of my friends that bought Bitcoin early sold years ago when it was 2x or 3x, as I would have done
― Vinnie, Wednesday, 24 January 2018 00:55 (six years ago) link
this is some kind of allegory right? https://www.coindesk.com/amazon-user-orders-bitcoin-miner-gets-boss-baby-dvd-instead/
― Thomas NAGL (Neil S), Wednesday, 24 January 2018 13:56 (six years ago) link
P.S. guys, I have a new form of currency, it's called BossBabyDVDCoin, and it's so hot right now.
― Senior Soft-Serve Tech at the Froyo Arroyo (Old Lunch), Wednesday, 24 January 2018 14:01 (six years ago) link
i'm enjoying the thought of tether, a bitcoin pegged at $1
congrats, you've released unknown megatons of carbon dioxide into the atmosphere to literally reinvent the dollar, except it can only be used in an extremely limited set of outlets to acquire goods like experimental pharmaceuticals, weapons-grade plutonium and live human children
― your skeleton is ready to hatch (bizarro gazzara), Wednesday, 24 January 2018 14:17 (six years ago) link