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1   APOCALYPSEFUCKisShostikovitch   ignore (38)   2018 Nov 21, 1:43pm   ↑ like (7)   ↓ dislike (0)   quote   flag        

But no economy can have any meaning at all unless it is denominated by a currency backed by hysteria that can lose all of its value for any reason or no reason at any time.
2   HEYYOU   ignore (25)   2018 Nov 21, 1:59pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says
But no economy can have any meaning at all unless it is denominated by a currency backed by hysteria that can lose all of its value for any reason or no reason at any time.


Needs no improvement.
3   Evan F.   ignore (0)   2018 Nov 21, 2:48pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Lol Litecoin at 33. I hope people listened to the creator of Litecoin when he said $300/Litecoin is insane and it's not worth that.

So glad I got out.
4   d6rB   ignore (1)   2018 Nov 21, 2:50pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says
But no economy can have any meaning at all unless it is denominated by a currency backed by hysteria that can lose all of its value for any reason or no reason at any time.

Don't forget that the best place to store your wealth is in a computer of a Russian or Chinese hacker.
5   APOCALYPSEFUCKisShostikovitch   ignore (38)   2018 Nov 21, 2:57pm   ↑ like (4)   ↓ dislike (0)   quote   flag        

I looked at the ICOs and through I could make four phone calls and have one rolling in a week. Really, these days, SuckMyDickThisIsAFraudCoin would likely break $1000 before anyone suspected it was a retirement plan instead of a payment instrument.
6   Evan F.   ignore (0)   2018 Nov 21, 3:01pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

(registers SuckMyDickThisIsAFraudCoin)

Hey guys have I got an investment opportunity for YOU!
7   Ceffer   ignore (1)   2018 Nov 21, 3:04pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Why do you hate speculative opportunity?
8   NuttBoxer   ignore (2)   2018 Nov 21, 3:05pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

It's not a failure, it's just not an investment tool. The original intention of Bitcoin was anonimity and it still achieves that.
9   d6rB   ignore (1)   2018 Nov 21, 3:07pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

NuttBoxer says
The original intention of Bitcoin was anonimity and it still achieves that.

I read somewhere that FBI traced a few people through bitcoin transactions, but I may be wrong.
10   HEYYOU   ignore (25)   2018 Nov 21, 3:07pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

All the Fiat is backed by silver.
Let's call it Silver Certificates!
Tah Dah!
11   Ceffer   ignore (1)   2018 Nov 21, 3:08pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Bearer Bits instead of Bearer Bonds!
12   HonkpilledMaster   ignore (3)   2018 Nov 21, 3:24pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Don't forget about this winner, designed to attract every dopehead 'investor'.

https://www.potcoin.com/

It's Green! Marijuana will be legalized! Get in on the ground floor!
13   d6rB   ignore (1)   2018 Nov 21, 3:29pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

TwoScoopsOfSpaceForce says
It's Green!

After potcoin and AF's SuckMyDickThisIsAFraudCoin we need FuckYouCoin, capitalizing on legalized prostitution.
14   APOCALYPSEFUCKisShostikovitch   ignore (38)   2018 Nov 21, 3:37pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

NuttBoxer says
The original intention of Bitcoin was anonimity and it still achieves that.


Pseudonymous at best. You need anonymity, consider Monero.
15   EBGuy   ignore (0)   2018 Nov 21, 3:40pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Does this mean I can afford to buy my kid a graphics card for Christmas? Went with the Ryzen 3 2200g ($99!) processor with integrated graphics this past summer for the "budget 720p gamer build".
16   NuttBoxer   ignore (2)   2018 Nov 21, 7:41pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

dr6B says
I read somewhere that FBI traced a few people through bitcoin transactions, but I may be wrong.


Just like anything, it depends on how you use it. Cold storage and a new id for every transaction are mandatory.
17   Hugolas_Madurez   ignore (4)   2018 Nov 21, 10:12pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Thanks, Capt'n Obvious.
18   Ceffer   ignore (1)   2018 Nov 21, 11:11pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

There's a new version for hiring professional assassins called "HitCoin".
19   Blue   ignore (0)   2018 Nov 22, 6:02am   ↑ like (1)   ↓ dislike (0)   quote   flag        

NuttBoxer says
dr6B says
I read somewhere that FBI traced a few people through bitcoin transactions, but I may be wrong.


Just like anything, it depends on how you use it. Cold storage and a new id for every transaction are mandatory.


Tracing is not the real issue to most of us who is honest and nothing to hide.
The real issue is "cryptocurrency difficulty level" that can be altered by "coordinated effort by all owners" in minting new coins. To me, this is not any different from the "fiat currency" in theory.
20   CBOEtrader   ignore (5)   2018 Nov 22, 8:27am   ↑ like (2)   ↓ dislike (0)   quote   flag        

dr6B says
FuckYouCoin, capitalizing on legalized prostitution


An alt-coin backed by canadian hooker services? "Each coin is worth one bang w an 8+"

Brilliant.
21   Fortwaynemobile   ignore (1)   2018 Nov 22, 8:49am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Rins next start up model.

And unlike bitcoin it’s backed by something.

CBOEtrader says
dr6B says
FuckYouCoin, capitalizing on legalized prostitution


An alt-coin backed by canadian hooker services? "Each coin is worth one bang w an 8+"

Brilliant.
22   Patrick   ignore (1)   2018 Nov 22, 11:00am   ↑ like (2)   ↓ dislike (0)   quote   flag        

CBOEtrader says
An alt-coin backed by canadian hooker services? "Each coin is worth one bang w an 8+"


Hmmm, that is a renewable resource, and a commodity (men agree quite closely on every woman's ranking on the physical beauty bell curve). It's not learned, and not cultural, no matter how much feminists lie about that. Male perception of female beauty is innate, and reflects a woman's fertility, which is kind of obvious in evolutionary terms.

So a coin based on this objective standard of beauty would indeed have value to all straight men.
23   mell   ignore (2)   2018 Nov 22, 11:38am   ↑ like (1)   ↓ dislike (0)   quote   flag        

TwoScoopsOfSpaceForce says
Don't forget about this winner, designed to attract every dopehead 'investor'.

https://www.potcoin.com/

It's Green! Marijuana will be legalized! Get in on the ground floor!


I mentioned in an older thread that I consider bitcoin still massively overpriced at 9k, the same goes for pot stocks. If you got in really early you are likely still up massively but just a few weeks back they looked crazily overvalued and have retreated considerably since then. cvsi, tlry, tcnnf etc. I would stay clear now unless you are broadly invested in the sector to see who the winners will be, cause there will be a lot of losers. With legalization we had the usual sell the news profit taking and now the margin pressure will build up and weed will get commoditized. It's still a massive market likely to grow much further, but it also already has plenty of players grabbing for market share and also plenty of scams. Eventually it will consolidate, so I consider investing in just a select few still very risky here.
24   Ceffer   ignore (1)   2018 Nov 22, 11:49am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Marijuana is a plant anybody can grow in their back yard. How close to a tulip bulb can you get for 'investment'?

Now, if it were as addictive as nicotine, crack or meth, you might have something.
25   Patrick   ignore (1)   2018 Nov 22, 12:30pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

I think weed is about as addictive as coffee.

Not zero, but not very significant either.
27   FortWayneIndiana   ignore (3)   2018 Nov 23, 9:15am   ↑ like (0)   ↓ dislike (0)   quote   flag        

it's a very successful pyramid scheme scam. A lot of people lost money there.

I'm only surprised this wasn't addressed by Feds yet. Pyramid schemes are illegal, yet this one is flourishing.
28   NuttBoxer   ignore (2)   2018 Nov 23, 10:27am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Blue says
Tracing is not the real issue to most of us who is honest and nothing to hide.


Again, I'm not sure you understand the purpose of bitcoin. It was specifically designed to allow for transactions outside the banking system, and to protect privacy. You do know that privacy and security are important for everyone right? If you disagree, I invite you to list your known medical conditions and times when you will be away from your home with address.
29   lostand confused   ignore (0)   2018 Nov 23, 10:30am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Ceffer says
There's a new version for hiring professional assassins called "HitCoin".

Only Hillary Clinton accepts those.
30   mell   ignore (2)   2018 Nov 23, 12:14pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

NuttBoxer says
Blue says
Tracing is not the real issue to most of us who is honest and nothing to hide.


Again, I'm not sure you understand the purpose of bitcoin. It was specifically designed to allow for transactions outside the banking system, and to protect privacy. You do know that privacy and security are important for everyone right? If you disagree, I invite you to list your known medical conditions and times when you will be away from your home with address.


I agree it has its use cases but it was and probably still is massively overpriced.
31   NuttBoxer   ignore (2)   2018 Nov 23, 2:23pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

mell says

I agree it has its use cases but it was and probably still is massively overpriced.


Agreed as I mentioned already, it’s not an investment tool. The inflation in price, like many so called commodities in this fake economy, is unsustainable, and not backed by customer usage.
32   Blue   ignore (0)   2018 Nov 23, 4:59pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

NuttBoxer says
Blue says
Tracing is not the real issue to most of us who is honest and nothing to hide.


Again, I'm not sure you understand the purpose of bitcoin. It was specifically designed to allow for transactions outside the banking system, and to protect privacy. You do know that privacy and security are important for everyone right? If you disagree, I invite you to list your known medical conditions and times when you will be away from your home with address.


Never looked at it that way, I got your point.
33   CBOEtrader   ignore (5)   2018 Nov 24, 6:24am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Patrick says
I think weed is about as addictive as coffee.


You think we could press KB into a coin? Like carrying around and trading w a joint at all times. Could make the digital aspect difficult
35   OccasionalCortex   ignore (2)   2018 Nov 26, 12:05pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

APOCALYPSEFUCKisShostikovitch says
But no economy can have any meaning at all unless it is denominated by a currency backed by hysteria that can lose all of its value for any reason or no reason at any time.


Thanks for describing the US Dollar, the Euro, the Yen, etc. The only reason why they haven't collapsed yet is because government mandates that they be used to pay debts, taxes and basic commodities (for the Dollar).
36   EBGuy   ignore (0)   2018 Nov 26, 1:14pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Crypto-currency mining at PG&Es base rate of 21.5 cents/kWHr isn't profitable. Who knew?

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