bit¢oin$

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some of the comments are hilarious:

hkny
So, if I understand this, companies can "earn" money, Bitcoins, by winning a puzzle game. They then expect others to accept these game guessing prizes for goods and services at increasingly inflated rates. Of course, no hacker would ever be able to break into the system and write some new coins for himself, or redistribute some others stockpiled.

Dec. 21, 2013 at 7:46 p.m.RECOMMENDED1

ploatmanMechanicville NY
Verified
How long before hackers break into the system?

Dec. 21, 2013 at 5:22 p.m.RECOMMENDED2

signed, J.P. Morgan CEO (Hurting 2), Sunday, 22 December 2013 01:03 (ten years ago) link

you could make a lot of bitcoins making a bitcoin game that makes you bitcoins

Silicon Valley has a seemingly endless capacity to mistake social and political problems for technological ones

So true - I'm trying to think of the top 5 or 10 examples and where Bitcoin would rank amongst them

Lee626, Sunday, 22 December 2013 12:38 (ten years ago) link

when all youve got is a compiler

lag∞n, Sunday, 22 December 2013 16:25 (ten years ago) link

Shoutout to my homie markers for that one

乒乓, Tuesday, 24 December 2013 03:51 (ten years ago) link

lulz

signed, J.P. Morgan CEO (Hurting 2), Tuesday, 24 December 2013 15:04 (ten years ago) link

much lol http://www.buzzfeed.com/jwherrman/millions-of-dogecoins-stolen-in-apparent-heist

lag∞n, Thursday, 26 December 2013 04:55 (ten years ago) link

<3

mookieproof, Thursday, 26 December 2013 04:58 (ten years ago) link

im looking to invest a lil cash in a satirical crypto currency

lag∞n, Thursday, 26 December 2013 05:00 (ten years ago) link

who let the doge out

socki (s1ocki), Thursday, 26 December 2013 16:10 (ten years ago) link

wow, this @bitcoindesk scam pretty much says it all doesn't it

http://www.reddit.com/r/Bitcoin/comments/1tlhay/bitcoindesk_discussion_thread/

frogbs, Thursday, 26 December 2013 16:38 (ten years ago) link

http://i.imgur.com/nTvEQ4l.png

乒乓, Thursday, 26 December 2013 16:40 (ten years ago) link

No one deserves to be robbed on Christmas. Through stupidity or otherwise.

heh

Mmm yes hello (crüt), Thursday, 26 December 2013 16:44 (ten years ago) link

its pretty funny how bitcoins lack of fraud protection/dispute resolution is pitched as a feature

lag∞n, Thursday, 26 December 2013 17:28 (ten years ago) link

credit card companies might be usurious but they do serve some purpose

lag∞n, Thursday, 26 December 2013 17:30 (ten years ago) link

its just like cash that you leave lying around on the internet!

lag∞n, Thursday, 26 December 2013 17:30 (ten years ago) link

5h I think it would attract more people if you cleaned up the btcdoubler site and maybe removed the santa/flipping off picture..
4h Any updates?

you didnt say brian may i? (Hunt3r), Thursday, 26 December 2013 18:46 (ten years ago) link

that was my favorite part

frogbs, Thursday, 26 December 2013 18:46 (ten years ago) link

much lol http://www.buzzfeed.com/jwherrman/millions-of-dogecoins-stolen-in-apparent-heist

― lag∞n, Wednesday, December 25, 2013 11:55 PM (Yesterday) Bookmark Flag Post Permalink

someone call Doge the Bounty Hunter

action bronson pinchot (sanskrit), Thursday, 26 December 2013 21:52 (ten years ago) link

I lost everything please help

am0n, Friday, 27 December 2013 02:36 (ten years ago) link

YOUR REACTION? OMG OLD WTF LOL CUTE WIN FAIL TRASHY EW

you didnt say brian may i? (Hunt3r), Friday, 27 December 2013 02:51 (ten years ago) link

A GROUP of self-described anarchists, libertarians and Ron Paul supporters fleeing the crumbling world economic system have founded Galt's Gulch, a community in Chile inspired by Ayn Rand's “Atlas Shrugged”—and with an economy based entirely on Bitcoin. Or that's the goal, anyway.

http://www.economist.com/blogs/schumpeter/2013/12/libertarian-enclaves

mookieproof, Saturday, 28 December 2013 16:29 (ten years ago) link

yo rand fans really calling themselves anarchists now

lag∞n, Saturday, 28 December 2013 17:09 (ten years ago) link

lion laying down w the lamb right now

lag∞n, Saturday, 28 December 2013 17:09 (ten years ago) link

yeah 'anarcho-capitalist' has a lot of uh currency these days, whether or not they're 'really' anarchists and whether or not they should be let into various anarchist fb groups is endless lolz

creating an ilHOOSion usic sight and sound (BIG HOOS aka the steendriver), Saturday, 28 December 2013 20:12 (ten years ago) link

there shd be a larger category thats just like "people who love meetings" or whatever

lag∞n, Saturday, 28 December 2013 20:17 (ten years ago) link

Self-described anarcho-capitalists are probably 100% committed to capitalism, but are committed to anarchy only insofar as they think it might make it easier to get sex and drugs, or possibly make them richer. I further note that the truly rich are never anarchists.

Aimless, Saturday, 28 December 2013 21:35 (ten years ago) link

there shd be a larger category thats just like "people who love meetings" or whatever

― lag∞n, Saturday, December 28, 2013 8:17 PM (Yesterday) Bookmark Flag Post Permalink

meetingtarians

creating an ilHOOSion usic sight and sound (BIG HOOS aka the steendriver), Sunday, 29 December 2013 22:41 (ten years ago) link

was hoping for kan-yen

cⒶpitⒶlism

am0n, Friday, 3 January 2014 16:47 (ten years ago) link

http://i.imgur.com/EpFtjbl.gif

, Saturday, 4 January 2014 18:15 (ten years ago) link

About to pimp Bitcoin in the Beltway at a local meetup! #Bitcoin #Ladies #Beer

Clay, Tuesday, 7 January 2014 23:29 (ten years ago) link

just think youd have hundreds of thousands of illiquid pretend currency now

lag∞n, Wednesday, 8 January 2014 18:23 (ten years ago) link

maybe she means hundreds of thousands of dollars/pounds worth? I don't think there were enough bitcoins in circulation five years ago for that to be a very likely story

signed, J.P. Morgan CEO (Hurting 2), Wednesday, 8 January 2014 19:27 (ten years ago) link

there were a lot right off the bat bc they were v easy to mine then is my understaning

lag∞n, Wednesday, 8 January 2014 19:29 (ten years ago) link

Bitcoin's market cap is ~11 billion and a single bitcoin is worth $927 which means there are about 12.14 million bitcoins out there right now

, Wednesday, 8 January 2014 19:32 (ten years ago) link

xp!

, Wednesday, 8 January 2014 19:32 (ten years ago) link

That graph is interesting because even though more + more people are throwing money at mining bitcoins every day the number of new bitcoins created has more or less remained constant

, Wednesday, 8 January 2014 19:34 (ten years ago) link

It is interesting, that's something that I've found kind of fascinating about the design of bitcoin (I mean I think it was more or less designed to do that).

signed, J.P. Morgan CEO (Hurting 2), Wednesday, 8 January 2014 19:35 (ten years ago) link

http://i.imgur.com/47Agxuy.jpg

Roberto Spiralli, Wednesday, 8 January 2014 19:40 (ten years ago) link

well it i guess it comes down to what she meant by like five years ago but anyway since bitcoins were worth less than a dollar then hundreds of thousands of dollars in bitcoins wouldve been more bitcoins than hundreds of thousands of bitcoins

lag∞n, Wednesday, 8 January 2014 19:41 (ten years ago) link

yeah I mean hundreds of thousands worth at todays values. Or else she could have been basing that on the current denomination in 1000ths I guess.

signed, J.P. Morgan CEO (Hurting 2), Wednesday, 8 January 2014 19:43 (ten years ago) link

prob someone just offered her hundreds of thousands of bitcoins

lag∞n, Wednesday, 8 January 2014 19:44 (ten years ago) link

i mean didn't someone spend like 10,000 BTC on a pizza

frogbs, Wednesday, 8 January 2014 19:53 (ten years ago) link

maybe it was hundreds of thousandths of bitcoins and she thought he just had a lisp

signed, J.P. Morgan CEO (Hurting 2), Wednesday, 8 January 2014 19:59 (ten years ago) link


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