http://i.imgur.com/WxTzp.jpg
― ❏❐❑❒ (gr8080), Wednesday, 5 December 2012 21:28 (eleven years ago) link
is that what a typical bitcoiner looks like
― Author ~ Coach ~ Goddess (s1ocki), Wednesday, 5 December 2012 23:34 (eleven years ago) link
looks a little bit like the what you need, when you need it girl
― Spectrum, Thursday, 6 December 2012 02:52 (eleven years ago) link
http://bitcoinmedia.com/uploads/2012/04/pyramid.png
― wolves lacan, Thursday, 6 December 2012 02:54 (eleven years ago) link
http://t2.gstatic.com/images?q=tbn:ANd9GcRfha_i2oyFu5MJvOsQ4Ov15zGf9B1b9JJiygyfivj-kyNEd1eSEWC31_aWVg
― wolves lacan, Thursday, 6 December 2012 02:55 (eleven years ago) link
http://www.queencleopatra.co.uk/wp-content/uploads/2012/10/Bitcoin_4__final_cmyk-150x150.jpg
― pplains, Thursday, 6 December 2012 03:03 (eleven years ago) link
http://i.imgur.com/U6fBu.gif
― ✧ (am0n), Tuesday, 18 December 2012 18:42 (eleven years ago) link
amon, that gif is beautiful.
http://austincut.com/media/files/2012/01/bitcoin-silk-road-469x400.png
― v impressive thing in css (wolves lacan), Wednesday, 19 December 2012 01:27 (eleven years ago) link
Amazon Coins
― Brakhage, Wednesday, 6 February 2013 17:40 (eleven years ago) link
so dumb
― zero dark (s1ocki), Wednesday, 6 February 2013 17:44 (eleven years ago) link
ha its like buying a gift certificate for yourself
― ☏ (am0n), Wednesday, 6 February 2013 17:55 (eleven years ago) link
love how amazon is like, this is an easy way for our customers to buy things
― zero dark (s1ocki), Wednesday, 6 February 2013 18:13 (eleven years ago) link
... here at the Amazon Appstore for Android on Kindle Fire.
― pplains, Wednesday, 6 February 2013 18:23 (eleven years ago) link
if you don't have your own virtual currency you likely don't exist on the internet.
ilx¢oin$
― very impressive thing in css (wolves lacan), Wednesday, 6 February 2013 18:41 (eleven years ago) link
just keep thinking about the Playstation online store thing where I keep getting email messages monthly reminding me I have a balance
the balance is one cent
― mh, Thursday, 7 February 2013 03:55 (eleven years ago) link
http://i.imgur.com/hjH98LR.jpg
― ☕ (diamonddave85), Thursday, 7 February 2013 04:22 (eleven years ago) link
http://siliconangle.com/files/2011/11/bitcoin-devilrobber.png
― ron paulstretch (crüt), Thursday, 7 February 2013 06:04 (eleven years ago) link
http://i.imgur.com/6FJrFG3.png
― ☕ (diamonddave85), Friday, 15 February 2013 00:22 (eleven years ago) link
http://i.imgur.com/l464dvr.jpghttp://i.imgur.com/iyUv99s.jpg
― diamonddave85, Tuesday, 19 March 2013 18:04 (eleven years ago) link
Just when the Cypriots were losing faithThat’s when I learned about the block chainI still remember how it all changedSatoshi said,Don’t you worry, don’t you worry, childBitcoin has got a plan for youDon’t you worry, don’t you worry now
― Brakhage, Friday, 29 March 2013 19:12 (eleven years ago) link
http://leaksource.files.wordpress.com/2013/03/bitcoin.jpg
― buzza, Friday, 29 March 2013 19:26 (eleven years ago) link
http://i.imgur.com/FSIkmqR.png
― diamonddave85, Friday, 29 March 2013 19:28 (eleven years ago) link
http://i.imgur.com/OGumtoL.jpg
― ❏❐❑❒ (gr8080), Friday, 29 March 2013 19:40 (eleven years ago) link
1 bit coin is worth close to 90 bucks right now. Bought some a year or so ago for 5 bucks a piece. $$$
― circa1916, Friday, 29 March 2013 21:25 (eleven years ago) link
฿฿฿
― Brakhage, Friday, 29 March 2013 21:31 (eleven years ago) link
A friend of mine told me last night that he made 250k off these.
― Tioc Norris (LocalGarda), Saturday, 30 March 2013 11:38 (eleven years ago) link
http://www.businessweek.com/articles/2013-03-28/bitcoin-may-be-the-global-economys-last-safe-haven
― Look, Brian, about the afro wig... (forksclovetofu), Saturday, 30 March 2013 18:09 (eleven years ago) link
http://i.imgur.com/h6gl9nM.png
― turds (Hungry4Ass), Saturday, 30 March 2013 18:20 (eleven years ago) link
mining, always a hazardous occupation
― Brakhage, Saturday, 30 March 2013 19:31 (eleven years ago) link
omg
― zero dark (s1ocki), Saturday, 30 March 2013 20:38 (eleven years ago) link
how much processing power do you need to have bitcoins?!?!
CPUs do a mediocre job of it, GPUs are mostly used. So you end up with computers with as many video cards crammed in as possible.
― ☠ ☃ ☠ (mh), Saturday, 30 March 2013 20:41 (eleven years ago) link
http://www.amd.com/us/products/desktop/graphics/ati-radeon-hd-5000/hd-5850/Pages/ati-radeon-hd-5850-overview.aspx
what are they actually like ~doing~
― zero dark (s1ocki), Saturday, 30 March 2013 20:52 (eleven years ago) link
rendering ultra-realistic images of them>??
No. At a high level, it's basically a certain type of math and algorithm that is similar to the calculations that need to be done to render 3d images also let you compare data much more quickly to find bitcoins. It's mostly a coincidence that GPUs are much better at this than a CPU, and a processor specifically designed to be good at bitcoin mining would be much better than that.
Historically this isn't that unique; the cell processor in the PS3 was a variant of an IBM design iirc, but putting together dedicated machines with those processors was less feasible than just buying a shitload of PS3s at the time as the processors weren't really built for consumers, so you ended up with server farms like this: http://www.tomsguide.com/us/ps3-air-force-usaf-playstation,news-5297.html
― ☠ ☃ ☠ (mh), Saturday, 30 March 2013 21:00 (eleven years ago) link
In the distant future, we'll obviously have 3d-printed processors on demand that you can customize for any particular task, but in 2013 that still isn't the case.
― ☠ ☃ ☠ (mh), Saturday, 30 March 2013 21:01 (eleven years ago) link
but what IS bitcoin mining, can you like, produce new bitcoins by applying enough processing power?
i dont understand this at all im just realizing
― zero dark (s1ocki), Saturday, 30 March 2013 21:01 (eleven years ago) link
Imagine it's like finding prime numbers. Not the same, but kind of the same territory
wiki that dawg
― Look, Brian, about the afro wig... (forksclovetofu), Saturday, 30 March 2013 21:05 (eleven years ago) link
as president of the international bitcoin mining federation i wasn't going to reveal this yet... but perhaps the time is now. every machine that has been put under the task of mining bitcoins has, in fact, been contributing secretly and without their knowledge to a far grander and more enlightened undertaking: the world's most realistic 3D rendering of the penis organ of homo sapiens. thank you. we expect to unveil the rendering by christmas
― 乒乓, Saturday, 30 March 2013 21:05 (eleven years ago) link
i should pitch a treasure of sierra madre remake but with bitcoins
― zero dark (s1ocki), Saturday, 30 March 2013 21:07 (eleven years ago) link
A thousand men, say, go searchin' for bitcoins. After six months, one of them's lucky: one out of a thousand. His find represents not only his own labor, but that of nine hundred and ninety-nine others to boot. That's six thousand months, five hundred years, scramblin' over a mountain, goin' hungry and thirsty. An ounce of bitcoins, mister, is worth what it is because of the human labor that went into the findin' and the gettin' of it.
― zero dark (s1ocki), Saturday, 30 March 2013 21:09 (eleven years ago) link
I too did not know you could "mine" bitcoins.
― pplains, Saturday, 30 March 2013 21:14 (eleven years ago) link
http://bitcoinreport.com/wp-content/uploads/2013/01/bitcoin-miner.jpeg
― buzza, Saturday, 30 March 2013 21:17 (eleven years ago) link
― pplains, Saturday, March 30, 2013 5:14 PM (3 minutes ago) Bookmark
where do u think they come from, pal. bitcoin trees???
― turds (Hungry4Ass), Saturday, 30 March 2013 21:22 (eleven years ago) link
http://2.bp.blogspot.com/-1BbbTVdEHAI/T1GxWVAd1yI/AAAAAAAAD-k/b-bX9QbxdhM/s1600/pimpcoin.jpg
― buzza, Saturday, 30 March 2013 21:23 (eleven years ago) link
http://news.firedoglake.com/2013/03/29/as-bitcoin-becomes-billion-dollar-market-america-moves-for-crackdown/
― Look, Brian, about the afro wig... (forksclovetofu), Saturday, 30 March 2013 23:03 (eleven years ago) link
In a way, yeah?
Like, How much is this sack of mushrooms? Well, it's 35 B$. Ok, in my world a sack of mushrooms is fifty bucks, so the exchange for me is 7-10, but in Saudi Arabia, it's $200, so the value of my $35 is worth $200 Saudi dollars.
I didn't really think it all out, sure. Kinda got stuck on that sack of mushrooms, tbh.
― pplains, Saturday, 30 March 2013 23:41 (eleven years ago) link
Bitcoins aren't a fiat currency, really, it's just that each coin is representative of a unit of work completed. Unfortunately, that work only created a bitcoin.
― ☠ ☃ ☠ (mh), Saturday, 30 March 2013 23:59 (eleven years ago) link
ha a#z bribed kickstarter into going blockchain with predictable results https://archive.ph/UZv4s
― lag∞n, Monday, 11 March 2024 16:24 (two months ago) link
am i being dim or is it nowhere explained in this article what actual specific benefits the blockchain was intended to deliver?
― mark s, Monday, 11 March 2024 16:51 (two months ago) link
allowing people to make their own kickstarter inside kickstarter? i mean its crypto it doesnt have any benefits
Users, meanwhile, would be able to create mini platforms of their own around niche interests like anime, bringing in more people and splitting any profits with Kickstarter. This structure, which would echo other initiatives like Farcaster, did not require donors to pay with cryptocurrencies but would entail Kickstarter’s creating an entirely new, open-source version of its existing software that would be built on top of a blockchain that had never been tested by a massive consumer application.
― lag∞n, Monday, 11 March 2024 16:54 (two months ago) link
the benefit of blockchain was they were getting $100M
― ɥɯ ︵ (°□°) (mh), Monday, 11 March 2024 17:03 (two months ago) link
"Be it so," I said, replacing the tool beneath the cloak and again offering him my arm. He leaned upon it heavily. We continued our route in search of the Blockchain. We passed through a range of low arches, descended, passed on, and descending again, arrived at a deep crypt, in which the foulness of the air caused our flambeaux rather to glow than flame.
― mark s, Monday, 11 March 2024 17:10 (two months ago) link
why is a 15-year-old company called a "startup"?
― from a prominent family of bassoon players (Boring, Maryland), Monday, 11 March 2024 17:14 (two months ago) link
― ɥɯ ︵ (°□°) (mh), Monday, March 11, 2024 1:03 PM (thirty-two minutes ago) bookmarkflaglink
interesting they were buying out shareholders rather than investing in the company, also the deal wasnt contingent on kickstarter actually doing the blockchain stuff, effectively they were just acquiring shares and recommending crypto
― lag∞n, Monday, 11 March 2024 17:38 (two months ago) link
wonder if they got rid of the old ceo cause they needed a new one to tell andereeson they werent doing blockchain
― lag∞n, Monday, 11 March 2024 18:06 (two months ago) link
he is kind of imposing
― ɥɯ ︵ (°□°) (mh), Monday, 11 March 2024 18:40 (two months ago) link
Sam Bankman-Fried being sentenced today, time to place your bets on how long he gets
― ( X '____' )/ (zappi), Thursday, 28 March 2024 08:28 (two months ago) link
25 years
― lag∞n, Thursday, 28 March 2024 16:02 (two months ago) link
https://x.com/innercitypress/status/1773356442629574987This is such a concise version of the "he's just an adorable boy" story they kept trying to sell. Such a weird element.SBF's statement was infuriating word salad. Right after an FTX customer/victim mentioned other victims committing suicide you have SBF saying "I agree with most of what Sunil said ... what matters are my colleagues." My COLLEAGUES?!?!?
― default damager (lukas), Thursday, 28 March 2024 16:35 (two months ago) link
honor amongst thieves
― lag∞n, Thursday, 28 March 2024 16:48 (two months ago) link
I don't know why I hate this guy so much. Maybe it's the hair.
― il lavoro mi rovina la giornata (PBKR), Thursday, 28 March 2024 17:13 (two months ago) link
something that bothers me is people just dumped all this money on him calling him a generational genius then you hear him talk and hes all yeah so uh you put money in the program then uuhh so its a ponzi scheme and more money comes out, hes keeping spreadsheets called crimes go in here, just not even good at scamming, but silicon valley rolled the red carpet out for him, shameful, media repeating all his blatant bs about trying to save the world, i want to see a master manipulator at work not this privileged dweeb
― lag∞n, Thursday, 28 March 2024 17:21 (two months ago) link
there's probably an argument to be made for a smart but socially tone deaf kid getting way in over his head and cutting corners in ways he didn't know were illegal and committing major errors which he didn't know how to dig out of but that really doesn't seem to be the case here
― frogbs, Thursday, 28 March 2024 17:24 (two months ago) link
he repeated the lie today about how ftx couldve survived if there wasnt a run on deposits which was just not true, i wonder if he believes it, seems like vcs giving him all that money went to his head, when the story first broke his plan was to go to congress and persuade them that everything was cool, he considered himself the best salesman in the world, lol
― lag∞n, Thursday, 28 March 2024 17:25 (two months ago) link
that really doesn't seem to be the case here
― frogbs, Thursday, March 28, 2024 1:24 PM (fifty-eight seconds ago) bookmarkflaglink
yeah theres tons of evidence he was knowingly doing fraud the entire time, i mean maybe he thought it was ok because hes a crypto guy so laws dont apply idk, pretty dumb if so
― lag∞n, Thursday, 28 March 2024 17:27 (two months ago) link
He just seems like a sociopath who developed a schtick that was close enough to his "real" self that it kind of fooled some people for a while. Although my theory is that low interest rates are kind of like booze, and the lower they are and the longer they last, the lower the bar gets for hot. Like the guy came off as a buffoon, and the narrative seemed to be "he comes off as a buffoon which proves he is a genius." It was all kind of thin to begin with.
― longtime caller, first time listener (man alive), Thursday, 28 March 2024 18:00 (two months ago) link
yeah if you have a fund you have to invest the money somewhere and crypto was hot so why not say the guy is a genius, but i do think due to various incentives a lot of people believed it, they considered themselves geniuses too no doubt tho
― lag∞n, Thursday, 28 March 2024 18:03 (two months ago) link
As someone who has to regularly read a lot of investment banker research/analyst reports, I often find myself wondering to what extent people in their world are bullshitting themselves versus just others.
― longtime caller, first time listener (man alive), Thursday, 28 March 2024 18:12 (two months ago) link
Like there's a thin line between actually believing the story and just believing it's a story you can sell to other people. And there's an incentive to at least believe that you believe the story.
― longtime caller, first time listener (man alive), Thursday, 28 March 2024 18:13 (two months ago) link
yeah believing things is pretty easy if it benefits you, and they say theres no one easier to sell than a salesperson
― lag∞n, Thursday, 28 March 2024 18:17 (two months ago) link
in the end it doesn’t matter tho, because the guy will get off with a relatively light prison sentence and then inherit all of mommy and daddy’s money. hope he gets shanked
― butt dumb tight my boners got boners (the table is the table), Thursday, 28 March 2024 18:18 (two months ago) link
they spent most of their money on his quixotic defense
― G. D’Arcy Cheesewright (silby), Thursday, 28 March 2024 18:22 (two months ago) link
I mean so they claimed in a soft-touch profile anyway, I'm sure they've got something
he got 25 years and some people are saying its light but thats big chunk of even the longest life, and you have to serve at least 85% of yr time in the feds so its not like hell get out in 12 or whatever, things arent going that good for him
― lag∞n, Thursday, 28 March 2024 18:34 (two months ago) link
12 is a very long time, being in jail for a month sucks from what ive heard, were somewhat injured to all these numbers due to living in a police state but being incarcerated is not too great
― lag∞n, Thursday, 28 March 2024 18:40 (two months ago) link
yeah it definitely sucks for him. like imagine being in jail since 1999
― frogbs, Thursday, 28 March 2024 18:42 (two months ago) link
caek posted in the other thread theres a recentish law that allows non violent federal offenders to serve as little as 50% of their sentences depending on circumstances fwiw 85% is somewhat out of date
― lag∞n, Thursday, 28 March 2024 18:46 (two months ago) link
― frogbs, Thursday, 28 March 2024 18:42 (twenty-two minutes ago) bookmarkflaglink
new board slogan
― mark s, Thursday, 28 March 2024 19:06 (two months ago) link