bit¢oin$

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http://siliconangle.com/files/2013/01/bitcoin-hand-drop.jpg

Heyman (crüt), Wednesday, 10 April 2013 22:06 (eleven years ago) link

that seems like a pretty good scam, brb, buying a few grand in bitcoins

I, rrational (mh), Wednesday, 10 April 2013 22:40 (eleven years ago) link

buy low sell high breh

--808 542137 (Hurting 2), Wednesday, 10 April 2013 22:44 (eleven years ago) link

then dump enough of your stock to tank the market considerably and make people rush, then buy up more of them. rinse, repeat

I, rrational (mh), Wednesday, 10 April 2013 22:45 (eleven years ago) link

what could go wrong

lag∞n, Wednesday, 10 April 2013 22:46 (eleven years ago) link

idk, people do this in Diablo 3 all the time

I, rrational (mh), Wednesday, 10 April 2013 22:46 (eleven years ago) link

yo... anybody wanna trade some bitcoins

乒乓, Wednesday, 10 April 2013 22:50 (eleven years ago) link

http://i.imgur.com/gdURUT9.pnghttp://i.imgur.com/gdURUT9.pnghttp://i.imgur.com/gdURUT9.png i got 3 bitcoins right here... will sell them for 20$ each

乒乓, Wednesday, 10 April 2013 22:52 (eleven years ago) link

i have a 2010 silver bitcoin stashed in case everything goes 'the road'

Roberto Spiralli, Wednesday, 10 April 2013 22:53 (eleven years ago) link

oh nice... i missed out on the reservation list for those... still kicking myself...

乒乓, Wednesday, 10 April 2013 22:54 (eleven years ago) link

i'm trying to remember if i heard of these before today.

Pope Rusty I (Dr Morbius), Wednesday, 10 April 2013 22:57 (eleven years ago) link

I've been wondering a lot whether it would be possible to create a bitcoin that didn't have a fixed supply, like that self-expanded and contracted its supply according to some kind of algorithms/data. IDK what that would be based on, production in the economy? Value of transactions in Bitcoin?

--808 542137 (Hurting 2), Thursday, 11 April 2013 02:21 (eleven years ago) link

There could be a long-running thing but such algorithmic finds are hard to balance. You could make a central bank, encode arbitrary strings, and award tokens to whoever decrypts them. That is usually a product of chance rather than a known unit of work, though.

I, rrational (mh), Thursday, 11 April 2013 02:32 (eleven years ago) link

http://bit.ly/11Wz5X0

markers, Thursday, 11 April 2013 02:38 (eleven years ago) link

fishing 4 bitc0ins http://techcrunch.com/2013/04/11/mt-gox-cross-site-scripting-attack-wipes-out-bitcoin-accounts/

lag∞n, Thursday, 11 April 2013 14:34 (eleven years ago) link

Being a techie, I started researching.

I, rrational (mh), Thursday, 11 April 2013 14:39 (eleven years ago) link

ha yes

lag∞n, Thursday, 11 April 2013 14:45 (eleven years ago) link

http://i.imgur.com/vCkuFAY.jpeg

乒乓, Thursday, 11 April 2013 14:51 (eleven years ago) link

coins on the bit / coins on the bit / bitcoins / bitcoins

am0n, Thursday, 11 April 2013 15:12 (eleven years ago) link

"Thus, on the free market, commodity monies, and presumably gold and silver, still have a great comparative advantage."

cool conclusion austrian economist guy thanks.

Chuck E was a hero to most (s.clover), Thursday, 11 April 2013 19:35 (eleven years ago) link

another smash from the go-in brothers

--808 542137 (Hurting 2), Thursday, 11 April 2013 21:17 (eleven years ago) link

that led them to sure Facebook

am0n, Thursday, 11 April 2013 21:20 (eleven years ago) link

oh man good catch

zero dark (s1ocki), Thursday, 11 April 2013 21:35 (eleven years ago) link

lol

lag∞n, Friday, 12 April 2013 00:52 (eleven years ago) link


I think this subreddit should seriously consider having suicide hotline info posted. (self.Bitcoin)
No, bitcoin is not dead. But we've got some work to do. (self.Bitcoin)
Repeat after me - "I have no moral obligation to buy, hold, or sell Bitcoin just because others want me to do so." (self.Bitcoin)
Libertarian Party (United States) now accepting bitcoin. (lp.org)
I've been a trader for over 15 years and I never dreamed I'd see this chart again. Please be careful guys and gals. (i.imgur.com)
I adopted her yesterday with Bitcoin earnings. She's one of the most expensive purchases I've ever made. I'm thinking of naming her Bubble. (imgur.com)
The hypocrisy of the Bitcoin community (self.Bitcoin)
Bloomberg on Bitcoin Currency: Has the Bubble Popped? (youtube.com)
The Winklevii own 1% of bitcoins outstanding. (dealbook.nytimes.com)
Can people please stop handing out financial advice as if they were an expert. Stupid people are listening and getting burnt. (self.Bitcoin)
How to buy these cheap coins right now (self.Bitcoin)
Help phase out Mt. Gox. (self.Bitcoin)
Order Placing Suspended on MT.Gox (self.Bitcoin)
Who else didn't sell? (self.Bitcoin)
Now that the hype is gone and media will forget - can we focus on fixing some Bitcoin fundamental issue? (self.Bitcoin)
Lead Bitcoin Developer Comments on Bitcoin "Bubble" and Mocks Speculators (i.imgur.com)
Official: Bitfloor being DDoS'd (twitter.com)
Don't do anything drastic.. (reddit.com)
Winklevoss twins hold %1 of all bitcoins (theverge.com)
"I predict there will be between one and five Bitcoin bubbles" -Bitcoin Lead Developer Gavin Andresen, 2010 (self.Bitcoin)
Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets (techcrunch.com)
New Get Rich Quick Scheme: Create a currency that's pegged to Mt. Gox lag time. (self.Bitcoin)
The only thing that is holding bitcoin back is the way it has to be purchased. (self.Bitcoin)
Bitcoin Crash Spurs Race to Create New Exchanges (cnbc.com)
MTGOX gloats about its "success" after screwing over entire Bitcoin community (self.Bitcoin)

Chuck E was a hero to most (s.clover), Friday, 12 April 2013 02:17 (eleven years ago) link

wow

geeta, Friday, 12 April 2013 02:38 (eleven years ago) link

this is as good as sports tbh

gr8 tr∞lls i have known (forksclovetofu), Friday, 12 April 2013 03:53 (eleven years ago) link

The most you can lose if Bitcoins go to zero is 100% of your money.

The most you can make, meanwhile ...

Well, no one knows exactly how much you can make.

But it's probably a lot more than 100%.


Business Insider, you've done it again!

gr8 tr∞lls i have known (forksclovetofu), Friday, 12 April 2013 03:54 (eleven years ago) link

lol agreed. schadenfreude at its finest xp

The description of my page is: Gargoyles Swimsuit Special (Matt P), Friday, 12 April 2013 03:55 (eleven years ago) link

the CEO of Business Insider

Matt Armstrong, Friday, 12 April 2013 04:02 (eleven years ago) link

"I've always estimated the final price of a Bitcoin at between $10,000 - $1,000,000 maybe 5-10 years from now. The low end being based on the size and volume of Western Union, PayPal, Visa/MasterCard. And the high end being based on the total global gold supply."

http://www.reddit.com/r/Bitcoin/comments/1bo02h/why_1000_in_60_days_a_paypal_comparison/c98fm0w

Matt Armstrong, Friday, 12 April 2013 04:06 (eleven years ago) link

ceo of business insider and former fraudulent securities analyst describes bubble says hey maybe bubbles are okay cause some guys will make money

lag∞n, Friday, 12 April 2013 04:08 (eleven years ago) link

good guess!!! xp

zero dark (s1ocki), Friday, 12 April 2013 04:09 (eleven years ago) link

are there bit cents too cause dont these prices make these things hard to spend

lag∞n, Friday, 12 April 2013 04:09 (eleven years ago) link

you can spend them in fractions iirc

zero dark (s1ocki), Friday, 12 April 2013 04:10 (eleven years ago) link

they go down to the 8th decimal place. I think 8th decimal unit is called a satoshi?

Matt Armstrong, Friday, 12 April 2013 04:12 (eleven years ago) link

gesundheit

gr8 tr∞lls i have known (forksclovetofu), Friday, 12 April 2013 04:14 (eleven years ago) link

http://blogs.miaminewtimes.com/shortorder/bitohoney.jpg

buzza, Friday, 12 April 2013 04:14 (eleven years ago) link

they go down to the 8th decimal place. I think 8th decimal unit is called a satoshi?

― Matt Armstrong, Friday, April 12, 2013 12:12 AM (3 minutes ago) Bookmark Flag Post Permalink

ok if they all have names im ready to jump on the bandwagon

lag∞n, Friday, 12 April 2013 04:18 (eleven years ago) link

http://coinabul.com/images/bitcoin_flyer5.png

geeta, Friday, 12 April 2013 08:36 (eleven years ago) link

haha oops that's big

geeta, Friday, 12 April 2013 08:37 (eleven years ago) link

I kinda hope those crazy kids bring it back from the brink (or just claim BitCoin was one long elaborate Situationist prank)

Elvis Telecom, Friday, 12 April 2013 11:32 (eleven years ago) link

Sailing dangerously close to goatse territory there xxp

bizarro gazzara, Friday, 12 April 2013 13:27 (eleven years ago) link

I kinda hope those crazy kids bring it back from the brink (or just claim BitCoin was one long elaborate Situationist prank)

― Elvis Telecom, Friday, April 12, 2013 7:32 AM Bookmark Flag Post Permalink

like if the last bitcoin mined caused all the bitcoins to dissipate, and then a message flashed on everyone's computer screens, and "peace on earth" was all it said

--808 542137 (Hurting 2), Friday, 12 April 2013 13:41 (eleven years ago) link

be excellent.

Chuck E was a hero to most (s.clover), Friday, 12 April 2013 13:43 (eleven years ago) link

and then it cuts to a man in a top hat with a twirly moustache, sitting at his computer, and steam shoots out of his ears

--808 542137 (Hurting 2), Friday, 12 April 2013 13:45 (eleven years ago) link

http://money.cnn.com/2013/04/12/investing/bitcoin-bubble/

The price of Bitcoins has plunged more than 75% in the past two days, sparking a rush of activity that overwhelmed trading platforms and suggested the bubble in the virtual currency has burst.
Bitcoins were down to $61.11 as of 9 a.m. ET Friday. Prices reached as high as $266 per Bitcoin around 7:30 a.m. ET Wednesday. But the price started to fall through the rest of day and Thursday morning.

--808 542137 (Hurting 2), Friday, 12 April 2013 14:16 (eleven years ago) link


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