Bitcoins

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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, 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

TBF my attempts at sending envelopes stuffed with $1 bills as payment for goods on the dark web have been a mixed bag at best.

Senior Soft-Serve Tech at the Froyo Arroyo (Old Lunch), Wednesday, 24 January 2018 14:23 (six years ago) link

now that TitCoin investments have paid off it looks like time to make a deposit to DiaperCoin

AdamVania (Adam Bruneau), Wednesday, 24 January 2018 14:25 (six years ago) link

https://www.rollingstone.com/music/features/migos-talk-cardi-b-new-album-success-weed-money-ambition-w515665

Offset is constantly talking about money, either his plans to make or to spend it. He loves to floss, but he really loves being able to take care of his family. "I want to have generational money," he says. "I got three kids, bro. I need all my kids to be educated and wealthy." His children are eight, two and two. No, the two-year-olds aren't twins. "I don't want to be one of those rappers who had it but right now they be on a TV show to keep them going," Offset says. "I would rather be out the scene, getting my money on Bitcoin."

Oh, how much do you have in Bitcoin now?

"I don't like to discuss my investments."

Chocolate-covered gummy bears? Not ruling those lil' guys out. (ulysses), Wednesday, 24 January 2018 18:16 (six years ago) link

Wise

Thomas NAGL (Neil S), Wednesday, 24 January 2018 18:45 (six years ago) link

no Coincoin yet?!

Dean of the University (Latham Green), Wednesday, 24 January 2018 21:08 (six years ago) link

https://i.ebayimg.com/images/g/8VYAAOSwImRYRs2A/s-l300.jpg

Roberto Spiralli, Wednesday, 24 January 2018 21:40 (six years ago) link

I had forgotten that the Mt Gox hack was so large -- 850,000 bitcoins would be worth about $9.3 billion today.

IF (Terrorist) Yes, Explain (man alive), Friday, 26 January 2018 18:29 (six years ago) link

LOl Magic the gathering as unlikely world financial giant

I would definitely buy Jerimahpuddleduckcoin

Dean of the University (Latham Green), Friday, 26 January 2018 18:30 (six years ago) link

second largest cryptoc hack

infinity (∞), Friday, 26 January 2018 18:33 (six years ago) link

didn't stuff like this used to effect the price somewhat

frogbs, Friday, 26 January 2018 18:44 (six years ago) link

The price seems basically inexplicable to me atm. Even the price manipulation thesis is hard to believe -- with other cryptos sure but bitcoin seems to big and widespread for the price to be propped up in this kind of sustained way. Has to just be hype and true believers I guess.

IF (Terrorist) Yes, Explain (man alive), Friday, 26 January 2018 19:25 (six years ago) link

The beatrix potter coins were real, and circulated, but I've never seen a single one

https://www.westminstercollection.com/p-762M/The-2016-and-2017-Beatrix-Potter-Coin-Packs.aspx

koogs, Friday, 26 January 2018 23:04 (six years ago) link

i was just looking for any coin with a duck on it for an obscure joke, don't mind me

Roberto Spiralli, Friday, 26 January 2018 23:28 (six years ago) link

i would have sex with all this bitcoins

trife's rich padgett (rip van wanko), Friday, 26 January 2018 23:33 (six years ago) link

only for the oculus rift

infinity (∞), Friday, 26 January 2018 23:39 (six years ago) link

https://www.youtube.com/watch?v=l4v8rLEI4Pg

reggae mike love (polyphonic), Saturday, 27 January 2018 01:34 (six years ago) link

as ned would say, astounding

illegal economic migration (Tracer Hand), Saturday, 27 January 2018 08:54 (six years ago) link

Woah

bhad and bhabie (upper mississippi sh@kedown), Saturday, 27 January 2018 15:07 (six years ago) link

my bitcoin friend is really into mining Garlic Coin right now

AdamVania (Adam Bruneau), Monday, 29 January 2018 23:06 (six years ago) link

C.T.F.K.

IF (Terrorist) Yes, Explain (man alive), Monday, 29 January 2018 23:11 (six years ago) link

(Catch the Falling Knife)

IF (Terrorist) Yes, Explain (man alive), Monday, 29 January 2018 23:12 (six years ago) link

there goes my pension

Three blockchain experts linked to a bizarre cryptocurrency startup that sought to raise $6.5 million before vanishing have told Business Insider that they are victims of identity theft and have nothing to do with the company.

The startup, called Prodeum, had billed itself as developing a system to use blockchain technology for agricultural commodities, like fruits and vegetables.

But Prodeum caused waves online Sunday evening after trying to sell tokens to investors through a risky fundraising technique and subsequently disappearing from the web, leaving only the word "penis" on its homepage.

your skeleton is ready to hatch (bizarro gazzara), Tuesday, 30 January 2018 13:00 (six years ago) link

penis

Thomas NAGL (Neil S), Tuesday, 30 January 2018 13:05 (six years ago) link

otm

your skeleton is ready to hatch (bizarro gazzara), Tuesday, 30 January 2018 13:23 (six years ago) link

https://www.youtube.com/watch?v=RGUSRGYz7_g

mark s, Tuesday, 30 January 2018 13:35 (six years ago) link

(the zero is a penis)

mark s, Tuesday, 30 January 2018 13:37 (six years ago) link

Sounds like some lucky investors got introduced to the old Pen 15 club.

IF (Terrorist) Yes, Explain (man alive), Tuesday, 30 January 2018 13:43 (six years ago) link

i hadn't realized how much this has ruined the video card market

ciderpress, Tuesday, 30 January 2018 14:38 (six years ago) link

the $380 msrp card i bought last March now near impossible to find for under 1k

ciderpress, Tuesday, 30 January 2018 14:41 (six years ago) link

bit1
bit/Submit
noun
1.
a small piece, part, or quantity of something.
"give the duck a bit of bread"

Dean of the University (Latham Green), Tuesday, 30 January 2018 18:22 (six years ago) link

down 37% this month

could stare at this thing all day. no wonder so many people love gambling on this

http://bitcoinity.org/

frogbs, Thursday, 1 February 2018 13:39 (six years ago) link

horse races are even more fun and a great social activity

infinity (∞), Thursday, 1 February 2018 18:40 (six years ago) link

but you have to be around other people

frogbs, Thursday, 1 February 2018 18:42 (six years ago) link

it's like milk

does a body good

infinity (∞), Thursday, 1 February 2018 18:46 (six years ago) link

Bitcoin looking close to smashing through another critical support floor!

IF (Terrorist) Yes, Explain (man alive), Thursday, 1 February 2018 19:03 (six years ago) link

Lovin it

calstars, Thursday, 1 February 2018 19:53 (six years ago) link

It's cool guys it's going back up.

how's life, Friday, 2 February 2018 15:23 (six years ago) link

BTFD

gr8080, Friday, 2 February 2018 17:14 (six years ago) link

https://i.redd.it/q6ryqko18w801.jpg

IF (Terrorist) Yes, Explain (man alive), Friday, 2 February 2018 17:24 (six years ago) link

more like guess the dip

infinity (∞), Friday, 2 February 2018 17:32 (six years ago) link


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