A fool and his not-really-money are soon parted
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@Gribnit said in A fool and his not-really-money are soon parted:
Wow, incomprehension as a strategy. Are you giving seminars now?
Are you saying that you can't understand my posts? This would explain a lot, actually.
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@boomzilla said in A fool and his not-really-money are soon parted:
@Gribnit said in A fool and his not-really-money are soon parted:
Wow, incomprehension as a strategy. Are you giving seminars now?
Are you saying that you can't understand my posts? This would explain a lot, actually.
The words are fine, at least - just most of the reasoning, when present, can't be replicated. But to be fair this rarely comes up.
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@Gribnit said in A fool and his not-really-money are soon parted:
The words are fine, at least - just most of the reasoning, when present, can't be replicated.
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@boomzilla said in A fool and his not-really-money are soon parted:
@Gribnit said in A fool and his not-really-money are soon parted:
The words are fine, at least - just most of the reasoning, when present, can't be replicated.
Fair, I shouldn't make wild assumptions.
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@boomzilla quoted @Gribnitwit in A fool and his not-really-money are soon parted:
most of the reasoning, when present, can't be replicated.
Can't be replicated by @Gribnitwit, anyway, since he is incapable of any reasoning.
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@HardwareGeek said in A fool and his not-really-money are soon parted:
@boomzilla quoted @Gribnitwit in A fool and his not-really-money are soon parted:
most of the reasoning, when present, can't be replicated.
Can't be replicated by @Gribnitwit, anyway, since he is incapable of any reasoning.
I can neither confirm nor deny this assertion.
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This seems dumber than most things that get posted in this thread:
If you're like me, you're probably wondering what the fuck a "Board Ape Yacht Club" is.
The two sales at Sotheby’s today come from Yuga Labs, the creator of Bored Ape Yacht Club, or BAYC, which launched in April. The initial collection contained 10,000 apes, semi-randomly generated in unique arrangements of sailor hats, eye patches, bone necklaces, stud earrings, and other accessories to dress them up. Ape owners get to be members of the titular club, which is supposed to provide various benefits (so far, that’s mostly been access to exclusive merch drops, bonus NFTs, and use of an online graffiti board). Bored Ape Kennel Club is a series of accompanying dog NFTs that were later sent out to ape owners.
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@boomzilla Fuck. I just lack the criminal energy to defraud people like that.
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@topspin said in A fool and his not-really-money are soon parted:
@boomzilla Fuck. I just lack the
criminal energylarge pool of dirty money todefraud peoplelaunder like that.
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@boomzilla said in A fool and his not-really-money are soon parted:
@topspin said in A fool and his not-really-money are soon parted:
@boomzilla Fuck. I just lack the
criminal energylarge pool of dirty money todefraud peoplelaunder like that.
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Someone Musked the markets
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The increasing amount of computational power devoted to Ethereum does come as a bit of a surprise. London intentionally limited cryptocurrency miners' ability to make a profit, by permanently destroying an algorithmically determined base fee associated with processing a transaction, instead of giving that fee to the miners.
That was a costly decision for the Ethereum network: Approximately $12,000 worth of ETH was being destroyed every single minute in late August. A Dune Analytics dashboard tracking that burn says that 285,439 ETH worth approximately $970 million has been destroyed since the London hard fork was introduced.
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I wish he would go pump Doge again. I miss cornettos.
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But don’t worry guys, it’s crypto so that makes front running OK, just like all the other illegal activity crypto facilitates.
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@izzion said in A fool and his not-really-money are soon parted:
But don’t worry guys, it’s crypto so that makes front running OK, just like all the other illegal activity crypto facilitates.
People say that nobody in crypto is learning anything but I'm genuinely impressed at the speed at which the fraudsters picked it up. They were right in there at the word go and are milking it for all its worth.
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@Rhywden said in A fool and his not-really-money are soon parted:
This is how we avoid tipping over into a post-scarcity economy.
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@Gribnit said in A fool and his not-really-money are soon parted:
@Rhywden said in A fool and his not-really-money are soon parted:
This is how we avoid tipping over into a post-scarcity economy.
It would be better if we'd actually throw out the iPhones.
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Doge is currently at .17. 4 cent until destitution! Fuck it, if it falls to .1 I'll buy another hundred dollars of it for shits and giggles.
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@DogsB said in A fool and his not-really-money are soon parted:
Doge is currently at .17. 4 cent until destitution! Fuck it, if it falls to .1 I'll buy another hundred dollars of it for shits and giggles.
Narrator: And that’s how DogsB
met your motherlost thousands of dollars on crypto.
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@izzion said in A fool and his not-really-money are soon parted:
@DogsB said in A fool and his not-really-money are soon parted:
Doge is currently at .17. 4 cent until destitution! Fuck it, if it falls to .1 I'll buy another hundred dollars of it for shits and giggles.
Narrator: And that’s how DogsB
met your motherlost thousands of dollars on crypto.Or will it get up to .50 and then his exchange gets hacked? Could go either way.
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@boomzilla said in A fool and his not-really-money are soon parted:
@izzion said in A fool and his not-really-money are soon parted:
@DogsB said in A fool and his not-really-money are soon parted:
Doge is currently at .17. 4 cent until destitution! Fuck it, if it falls to .1 I'll buy another hundred dollars of it for shits and giggles.
Narrator: And that’s how DogsB
met your motherlost thousands of dollars on crypto.Or will it get up to .50 and then his exchange gets hacked? Could go either way.
I'm sure such a fine, upstanding WTDenizen would be sane enough to convert to Skittles at .40
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@izzion said in A fool and his not-really-money are soon parted:
@boomzilla said in A fool and his not-really-money are soon parted:
@izzion said in A fool and his not-really-money are soon parted:
@DogsB said in A fool and his not-really-money are soon parted:
Doge is currently at .17. 4 cent until destitution! Fuck it, if it falls to .1 I'll buy another hundred dollars of it for shits and giggles.
Narrator: And that’s how DogsB
met your motherlost thousands of dollars on crypto.Or will it get up to .50 and then his exchange gets hacked? Could go either way.
I'm sure such a fine, upstanding WTDenizen would be sane enough to convert to Skittles at .40
More like .30. I was tempted to cash out at 0.25 but it tanked before I sobered up.
@boomzilla said in A fool and his not-really-money are soon parted:
Or will it get up to .50 and then his exchange gets hacked? Could go either way.
My exchange relies on another exchange to do the donkey work so two places can get hacked!
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The headline is a lie. Not quite all:
But it's worth noting that not every virtual currency will be affected by the PBOC's new restrictions. There is one major exception: the digital yuan known as e-CNY. These new restrictions mean e-CNY won't have any true competition, whether it's from cryptocurrencies like Bitcoin or stablecoins like Tether, within China.
The PBOC announced in July that e-CNY had passed more than 70.7 million transactions related to a combined $5.3 billion (34.5 billion yuan) since its debut. That puts China's efforts well ahead of similar central bank distributed currencies, which many countries have only just started to seriously explore in recent months.
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...of course.
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Getting ever more parallels to the dot com boom/bust.
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@izzion said in A fool and his not-really-money are soon parted:
Getting ever more parallels to the dot com boom/bust.
What a perfect time for me to have bought some BTC!
(I discovered that my Robinhood account had a few bucks in it. And I needed to join a bubble, so...)
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@Zecc what a foolish hamster.
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I've lost 1% of my investment! Come on 0.15. Gonna buy the dip!
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UPDATE (6:10 p.m. EST): The majority of the funds -- some $22.1 million worth of ETH -- have been returned to the Bitfinex-controlled wallet. The transaction was sent at 5:14 p.m. EST at a cost of $33.74.
THE FUTURE OF MONEY
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It used the newly implemented EIP-1559 type of transaction, which was designed to make Ethereum fees easier to predict.
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I overheard a conversation at Church on Sunday:
: Somebody wanted to donate some fake money to the church, so I set up a wallet at $exchange to hold it while the church board figures out what to do with it — convert it to cash, or hold onto it, or ..."
: If you want some expert advice, let me know. I've been trading crypto since 2013, and I made 6-figures last year. (Before that, I was too broke to make anything.)
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Cryptocurrency is freedom from fiat tyranny!
She compared a programmed digital currency to the US system of paying benefits in vouchers, as it could have a similar goal of restricting the recipient to buying only essentials such as food with the money.
Earlier this month Sir Jon Cunliffe, a deputy Governor at the Bank, said digital currencies could be programmed for commercial or social purposes, even down to the way children spend pocket money.
He told Sky News: “You could think of smart contracts in which the money would be programmed to be released only if something happened.
“You could think of giving your children pocket money, but programming the money so that it couldn’t be used for sweets. There is a whole range of things that money could do, programmable money, which we cannot do with the current technology.”
Oh.
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And it's not even good furry art. Her fursona is missing ears ffs!
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@Atazhaia said in A fool and his not-really-money are soon parted:
it's not even good furry art.
Nothing is.
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@HardwareGeek Where's the Old Testament God when you need some...
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@Applied-Mediocrity Meh, in the Old Testament there's an entire village that was a Token. (1 Chronicles 4:32) Seems like total endorsement from On High to me. :)
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@pcooper said in A fool and his not-really-money are soon parted:
@Applied-Mediocrity Meh, in the Old Testament there's an entire village that was a Token. (1 Chronicles 4:32) Seems like total endorsement from On High to me. :)
Eh...translation error:
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Watch someone else taste your rainbow!
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@Applied-Mediocrity said in A fool and his not-really-money are soon parted:
@HardwareGeek Where's the Old Testament God when you need some...
New Testament God is also unimpressed.
Filed Under: Yes, I know why he was angry.
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@izzion said in A fool and his not-really-money are soon parted:
Watch someone else taste your rainbow!
I hope someone does a history of coinbase. Just about every possible fuckup has occurred. The only thing I haven't seen them do is attempt to prevent a meme rush.
In doge news I'm solvent again but still on store brand cornettos. I'll never get to buy that dip.
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@DogsB said in A fool and his not-really-money are soon parted:
I'll never get to buy that dip.
Tzatziki isn't very expensive.
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@dkf said in A fool and his not-really-money are soon parted:
@DogsB said in A fool and his not-really-money are soon parted:
I'll never get to buy that dip.
Tzatziki isn't very expensive.
Too healthy. My ridiculous investments shall pay for ridiculous things.
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@DogsB said in A fool and his not-really-money are soon parted:
Too healthy. My ridiculous investments shall pay for ridiculous things.
And yet you've mentioned cornettos, one of the basic daily foods.
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@Zecc said in A fool and his not-really-money are soon parted:
@DogsB said in A fool and his not-really-money are soon parted:
Too healthy. My ridiculous investments shall pay for ridiculous things.
And yet you've mentioned cornettos, one of the basic daily foods.
Now I’m wondering if that means something entirely different for you than for me.