250400+ entries in 1.854s
akstunt600: no i have DOge has done it
a few times
minersdidit: so even if we achieved
a 500bil market cap
minersdidit: bitcoin 40k is impossible for
a reason ill quickly outline to the poor in here
danielpbarron: minersdidit: well you make
a lot of good points. what should I do?
minersdidit: we can have
a relief rally now after 4months of bear market
akstunt600: its
a top
a pyramid of world currencies
akstunt600: Mineits gonna be
a soft collapse blood will be spilled as usd tanks
minersdidit: youve got
a bunch of failures from the last dotcom boom running around pretending to be leaders
akstunt600: minersdidit, its not much and its
a work in progress
MisterE: that something else is
a digital monetary future
minersdidit:
a bunch of tard developers to "patch" shit
MisterE: I think we're witnessing
a pharmacological disaster
minersdidit: dude you arent buying
a piece of
a technology
minersdidit: look the russian ruble is down this year i think what 20%? did holding bitcoin help
a russian? hed be down 35%
minersdidit: with
a gold coin you can go anywhere in the world and someone will trade you X for it
minersdidit: if
a chinese acquires bitcoin with RMB someone else now has the rmb
HeySteve: ok so you've mentioned
a good reason for all chinese and russians to acquire bitcoin
MisterE: an asset is what people believe it is
a single opinion is worth maybe
a paper IOU
MisterE: it has failed, just recently, have you
a short memory>
minersdidit: paying millions per day for
a few thousand users
minersdidit: you quickly realize youve got
a highly inefficient network at play
MisterE: minersdidit: get
a new script
minersdidit: dude bitcoin is
a sophisticated wealth transfer mechanism with
a clever story
HeySteve: minersdidit, presenting the bear case is one thing but being
a pest is another
MisterE: $40 swing in
a could hours, almost like old days
TestingUnoDosTre: minersdidit makes me think I'm back in the days of AIM where someone has invented
a bot to chat with you
minersdidit: every market has 2 prices not one
a bid and an ask.
minersdidit: im
a farmer in africa yep first thing to help my life is to download bitcoin core and sync the blockchain up
random_cat: what is
a better distribution method, minersdidit?
minersdidit: its
a horrible distribution method hence the insane volattilty we ahve
random_cat: somehow, minersdidit, that seems inferior to
a blowjob
HeySteve: if I earned money for interweb arguments though, I'd do it
a lot more
minersdidit: akstunt600 hashrate is useless past
a certain point
minersdidit: why not go and add some real value you know like build yourself
a home ?
akstunt600: wow minersdidit that is
a gorss misunderstanding
HeySteve: MisterE, I don't think so. they could get PR being
a part of it
minersdidit: why would you overheat
a smartphone mining bitcoin dust
akstunt600: and btc is not yet
a viable currency for any "poor" people
MisterE: when you buy
a dollar there is
a spread
minersdidit: even if you gave
a african farmer bitcoins they would instantly lose them to guys like eric voorhees
minersdidit: emerging market is
a politically correct term for shithole
HeySteve: I am developing
a currency with one of the goals being emerging market adoption
minersdidit: you buy
a bitcoin by the time you get to spend it its lost 5% of its value
MisterE: last few months has been
a few things
minersdidit: seriously if i was in africa why would i submit my documents to 2 white idiots from
a shithole in europe?
HeySteve: still, Bitcoin does need
a push in emerging markets
minersdidit: mpesa has
a low fee rate compared to bitcoin
benkay: over btc? no need to have
a crazy blow stamp wallet.
minersdidit: you seriously think some tribesman will have
a 10TB hardrive to download the blockchain in
a decade
minersdidit: dude bitcoin is
a product for the first world not some shithole
benkay: bitcoin for remittances is
a decade early if you're talking about sending btc to farmers.
minersdidit: why would someone very poor want bitcoin? pretty sure digits on
a computer are the least of their concerns
minersdidit: um its not that easy to get money to
a jungle in the middle of nowhere
minersdidit: the fact that its 2014 and theres not
a single reliable btc exchange that is safe
minersdidit: well yea it was just
a scam to take btc off people like all of mirceas listings
Duffer1: i don't see
a need to hate on eulora
TestingUnoDosTre: I want to buy more bitcoin, but I was
a tid bit too impatient over the last couple weeks. Thoughts, words, advice?
MisterE: "exchanger_006: is it
a good time to buy now guys? its looking like
a huge pump?" // exchanger_006, Just burn your money you will at least get some BTUs out of it that way.
mircea_popescu: [\\\] dude you come on like once
a year and then to argue with my ignore list. wtf is this.
TestingUnoDosTre: speaking of jesus... who's celebrating his resurrection this year with
a fatty?
danielpbarron: minersdidit: because
a bunch of the devs are sucking up to FIAT and are trying to make Bitcoin jive well with the old system
[\]: because RPC over SSL isn't
a bad thing.
[\]: so to make
a fuss becaues bitcoin was caught is rather stupid
minersdidit: gavin has been
a disaster ever since fork, constant patches and fucked up releases
[\]: where did satoshi ever call Gavin
a fucktard?
minersdidit: hopefully this bear market leads to most of the devoplment team leaving. gavin going is
a positive step
[\]: if you've been around for
a few years, you notice the pattern.
[\]: TestingUnoDosTre, its easy to be
a bear when there's
a downtrend.
[\]: gladd to see you still have
a mancrush
benkay: holy fuck that's
a descent rate
[\]: can't do anything with
a dollar
minersdidit: ie in 24hrs more gold is traded then mined in
a given year
minersdidit: gold is special because it has
a high stock to flow ratio
minersdidit: tards think they are participating or buying
a piece of "technology" lol all they are doing is transfering wealth from 1 party to another
TestingUnoDosTre: please perform
a calculation with known hardware at current difficulty and electricity costs minersdidit
Duffer1: i'm trying not to, everything you've said is so wrong in so many ways it's giving me
a headache
minersdidit: tard trades paycheck for what
a miner produced out of thin air