not @ the link, just a general lol
― Fedora Dostoyevsky (man alive), Monday, 19 November 2018 16:46 (five years ago) link
I watch a lot of Shark Tank now and it occurred to me that bitcoin is just like every single product that gets brought on where the entrepreneur is like "this is going to take over the world because x y z" and the sharks are like "Sounds great but you have no sales"
― Fedora Dostoyevsky (man alive), Monday, 19 November 2018 16:47 (five years ago) link
HODL not the best investment strategy for moving through a bubble
― for i, sock in enumerate (Sufjan Grafton), Monday, 19 November 2018 17:22 (five years ago) link
https://www.reddit.com/r/Bitcoin/comments/9ylaxp/the_rocket_has_taken_off/
simple but effective imo
― Fedora Dostoyevsky (man alive), Tuesday, 20 November 2018 14:45 (five years ago) link
looool
― wayne trotsky (Simon H.), Tuesday, 20 November 2018 14:51 (five years ago) link
https://exchangewar.info/
someone's having a good day
― frogbs, Tuesday, 20 November 2018 15:23 (five years ago) link
That made me look into wtf Tether is and HOO boy.
― wayne trotsky (Simon H.), Tuesday, 20 November 2018 15:34 (five years ago) link
yea Tether is amusing in that it's both an attempt to reverse-engineer real money AND a blatantly illegal financial scheme in which the creators just "invent" billions of dollars
― frogbs, Tuesday, 20 November 2018 15:41 (five years ago) link
Enron?
― Totally different head. Totally. (Austin), Tuesday, 20 November 2018 19:29 (five years ago) link
https://breakermag.com/trapped-at-sea-with-cryptos-nouveau-riche/
― sleeve, Friday, 7 December 2018 04:23 (five years ago) link
^^^ excellent writing. confirms my bias that crypto is a cult of thirsty dudebros above all
― davey, Friday, 7 December 2018 17:00 (five years ago) link
yeah it's a great article
― sleeve, Friday, 7 December 2018 17:05 (five years ago) link
yup, handy encapsulation of everything that's horribly wrong in the space
― resident hack (Simon H.), Friday, 7 December 2018 17:15 (five years ago) link
https://www.youtube.com/watch?v=8rGuH0vBLLs
― mick signals, Tuesday, 11 December 2018 17:43 (five years ago) link
roffle
― davey, Tuesday, 11 December 2018 20:01 (five years ago) link
http://www.gizmodo.co.uk/2019/02/crypto-exchange-says-it-cant-repay-145-million-to-clients-after-founder-dies-with-only-password/
― koogs, Monday, 4 February 2019 13:02 (five years ago) link
whoops
― maxwell’s silver hang suite (bizarro gazzara), Monday, 4 February 2019 13:10 (five years ago) link
My 'lol' and 'sad' levels were fluctuating wildly as I read that story.
― See you later, I'm going to go take a look at this suicide robot. (Old Lunch), Monday, 4 February 2019 13:21 (five years ago) link
Not convinced yet that the guy is actually dead
― bhad bundy (Simon H.), Monday, 4 February 2019 13:22 (five years ago) link
“This is a tough lesson learned,” Calgary customer Elvis Cavalic told CBC
at least i got a new screen name out of it i guess
― Calgary customer Elvis Cavalic (bizarro gazzara), Monday, 4 February 2019 13:26 (five years ago) link
srsly tho it's great that crypto companies are run so competently that a guy dropping dead can just wipe out 190mil, v cool new money system we have here
― Calgary customer Elvis Cavalic (bizarro gazzara), Monday, 4 February 2019 13:27 (five years ago) link
If there was ever a time to amass a crypto-fortune and then pull a D.B. Cooper in the hopes that a septuagenarian judge will throw up his hands in confusion at the blockchain jargon used to explain the inaccessibility of the funds in question...that time is now.
― Why have more than 1,000 of my bucks disappearded? (Old Lunch), Monday, 4 February 2019 14:00 (five years ago) link
“Sorry bros”
― calstars, Monday, 4 February 2019 14:05 (five years ago) link
look far be it from me to suggest that crypto's uniquely insane weaknesses to scamming means that it is uniquely attractive to scammers but
― Calgary customer Elvis Cavalic (bizarro gazzara), Monday, 4 February 2019 14:05 (five years ago) link
might try to get in touch with this dude via Ouija board later today
― frogbs, Monday, 4 February 2019 14:09 (five years ago) link
https://pics.me.me/john-cena-laughing-19985692.png
is p much how I feel about that
― longtime caller, first time listener (man alive), Monday, 4 February 2019 16:47 (five years ago) link
good lord
― the real indie runs (Sufjan Grafton), Monday, 4 February 2019 18:09 (five years ago) link
ive a fella works beside me keeps telling me his e-purse is worth 3 million spends the rest of his time complaining he cant get a loan to cover his kitchen extension
― ɪmˈpəʊzɪŋ (darraghmac), Monday, 4 February 2019 18:22 (five years ago) link
i was giving him the benefit of the doubt for a long time due to a language barrier issue but ive decided hes quite the most stupid human ive seen earn a midrange salary
― ɪmˈpəʊzɪŋ (darraghmac), Monday, 4 February 2019 18:23 (five years ago) link
Just realized I've met Gerald Cotten lol
― bhad bundy (Simon H.), Tuesday, 5 February 2019 00:07 (five years ago) link
https://arstechnica.com/information-technology/2019/02/researcher-counts-the-reasons-he-wants-cryptocurrency-burned-with-fire/
nicholas weaver not mincing words here
― The Elvis of Nationalism and Amoral Patriotism (rushomancy), Tuesday, 5 February 2019 01:29 (five years ago) link
so, nothing about the environmental consequences?
there was a clip on Click, the bbc's weekly technology thing, on a bitcoin farm in iceland (20,000 desktops) that was burning 1M euros in energy costs a month (despite being in iceland and using lots of passive cooling). this was deemed ok by the owner because it was mining "millions" in bitcoin a day.
15:50 here: https://www.bbc.co.uk/iplayer/episode/b0b0bk8t/click-mining-for-money
― koogs, Tuesday, 5 February 2019 09:56 (five years ago) link
(actually he does mention the waste. but that wasn't reflected in the headings.)
― koogs, Tuesday, 5 February 2019 09:59 (five years ago) link
At least Iceland is 100% renewable thanks to all the geothermal power plants. This is very much the exception.
― American Fear of Pranksterism (Ed), Tuesday, 5 February 2019 09:59 (five years ago) link
For anyone interested in the Quadriga disaster / why things so frequently go wrong in the crypto space generally, some very smart people and I dive into the story and some of the more conspiratorial angles making the rounds here.
― bhad bundy (Simon H.), Friday, 8 February 2019 04:44 (five years ago) link
For anyone interested in the Quadriga disaster / why things so frequently go wrong in the crypto space generally, some very smart people and I dive into the story and some of the more conspiratorial angles making the rounds here🕸.
― beard papa, Friday, 8 February 2019 15:52 (five years ago) link
hmm I'll have to look into that
I heard more about this story today but not at liberty to discuss it :/
― bhad bundy (Simon H.), Friday, 8 February 2019 20:23 (five years ago) link
"We are now spending more electricity mining bitcoin than is produced by all the worlds solar panels combined. So we have eliminated all the progress that we made on green energy, just through bitcoin use."https://t.co/IrhMTMtWrR— Mike Perham (@mperham) February 22, 2019
― Jersey Al (Albert R. Broccoli), Sunday, 24 February 2019 03:54 (five years ago) link
the electricity drain from cryptocurrency IS a big problem, but the quote doesn't appear in the NYT op-ed that the tweet links to. deep in the comments to the tweet, someone mentions that actually the quote came from this article (https://www.vox.com/energy-and-environment/2019/2/22/18188562/climate-change-david-wallace-wells-the-uninhabitable-earth), but it's not in there either. someone else thinks it was in the vox piece, but was deleted:
Very interesting - it seems like they deleted the quote without mention. Thanks @internetarchive: https://t.co/Jz5sGOol86 pic.twitter.com/qSyg0czZmm— Michel Rauchs (@mrauchs) February 23, 2019
and someone ELSE thinks that the error originated from a conflation between gigawatts and gigawatt-hours, two very different units of electricity usage.
to sum up, arrrrrgh
― Karl Malone, Sunday, 24 February 2019 04:45 (five years ago) link
*chef finger kisses*
https://www.bbc.co.uk/news/technology-47454528
― Neil S, Tuesday, 5 March 2019 13:21 (five years ago) link
"died in India" ie ran off with all these hipster crypto-fucks money. He's probably sleeping on Lord Lucan's couch.
― just another country (snoball), Tuesday, 5 March 2019 13:25 (five years ago) link
https://ichef.bbci.co.uk/news/624/cpsprodpb/5971/production/_105479822_hi044540818.jpg
this picture of a real bitcoin tickles me
― koogs, Tuesday, 5 March 2019 13:26 (five years ago) link
what a shocking plot twist, who could have foreseen that someone involved in crypto would be a scammer
― invited to an unexpected ninja presentation (bizarro gazzara), Tuesday, 5 March 2019 13:27 (five years ago) link
If anyone's reading this who didn't foresee that, I have some real estate that you might be interested in...
― just another country (snoball), Tuesday, 5 March 2019 13:34 (five years ago) link
sorry all my money's tied up in a really exciting iraqi dinar/blockchain opportunity right now
― invited to an unexpected ninja presentation (bizarro gazzara), Tuesday, 5 March 2019 13:40 (five years ago) link
Unlike some other people, I am fairly convinced Cotten is dead. Likeliest story is that one of his even shadier business partners managed to take advantage of a window of opportunity when he fell ill.
― bhad bundy (Simon H.), Tuesday, 5 March 2019 14:01 (five years ago) link
you have to hand it to The Men of Bitcoin, you get none of these shenanigans with boring old government-backed currencies
― Neil S, Tuesday, 5 March 2019 14:11 (five years ago) link
bitcoin?
shitcoin morelike
― invited to an unexpected ninja presentation (bizarro gazzara), Tuesday, 5 March 2019 14:13 (five years ago) link
"shitcoin" is already a widely used term for all non-BTC coins
try harder bg, I know you can
― bhad bundy (Simon H.), Tuesday, 5 March 2019 14:14 (five years ago) link
that sounds right to me. you don't have to fake your own death to steal crypto, you can just "lose" the "key"
― frogbs, Tuesday, 5 March 2019 14:18 (five years ago) link