Buttcoin

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Mongrel
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A buncha bullshit an' stuff

Postby Mongrel » Mon Jan 20, 2014 7:27 pm

Because there's no Jizzporium at the moment, I'll just dump stuff here.

/r/dogecoin raised $30,000 to send the Jamaican bobsled team to the Olympics!

http://www.reddit.com/r/dogecoin/commen ... er/ceu5d3e
http://www.telegraph.co.uk/sport/others ... Games.html
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Smiler
Imperisaurus Rex
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Buttcoin

Postby Smiler » Tue Jan 21, 2014 1:36 am

Hi welcome to the buttcoin megathread.

Edit: This is a good time to say that for some reason I'm followed by some bitcoin shill on twitter and I don't remember why.

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Newbie
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Re: Buttcoin

Postby Newbie » Tue Jan 21, 2014 2:50 am

I bought a tiny tiny piece of one of these for some reason! Immediately before the value took a dive. So now I should buy more, right? Right?!
tiny text

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Büge
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Re: Buttcoin

Postby Büge » Tue Jan 21, 2014 8:17 am

Lord I wish I invested in these two years ago. But then I probably would have been put on the FBI watch list or something.

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Caithness
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Re: Buttcoin

Postby Caithness » Tue Jan 21, 2014 9:49 am

Bitcoin is terrible and a gigantic waste of electricity.

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Imperisaurus Rex
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Re: Buttcoin

Postby Smiler » Tue Jan 21, 2014 11:52 am


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Cthulhu-chan
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Re: Buttcoin

Postby Cthulhu-chan » Tue Jan 21, 2014 4:57 pm



Basically this. The effort and necessary dealings with shady characters in order to leverage a bitcoin windfall are so great and potentially dangerous that you may as well have never bothered.
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Imperisaurus Rex
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Re: Buttcoin

Postby Smiler » Tue Jan 21, 2014 5:03 pm

An entire bag of gift cards.

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fanboymaster
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Re: Buttcoin

Postby fanboymaster » Tue Jan 21, 2014 6:08 pm

I AM PREPARED TO TRADE ONLY IN THE TWO CURRENCIES THAT HAVE EVER HELD VALUE, BITCOIN AND GOLD BULLION.
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Imperisaurus Rex
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Re: Buttcoin

Postby Smiler » Tue Jan 21, 2014 6:10 pm

I didn't think bitcoin nuts and gold standard nuts overlapped that much. Something something glorious currency singularity.

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TA
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Re: Buttcoin

Postby TA » Tue Jan 21, 2014 6:44 pm

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のほも is such a good word?? the concept is kind of hard to fully get across in translation, but basically it means a feeling of pure, deep, platonic affection, and i think thats beautiful

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Brentai
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Re: Buttcoin

Postby Brentai » Tue Jan 21, 2014 6:57 pm

Joke's on all of you, I put my life savings into tulips.

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ocksi
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Re: Buttcoin

Postby ocksi » Tue Jan 21, 2014 7:11 pm

With TSR gone, is there actually any sort of real world goods exchange for Bitcoins or is it back to being a purely speculative digital commodity more than currency?

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sei
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Re: Buttcoin

Postby sei » Tue Jan 21, 2014 7:28 pm

TSR wasn't likely the only resource of its ilk. Before the crash, bitcoins were gaining popularity China.

I'm sure other parties will find uses for cryptocurrency.

I'm kind of surprised no one here linked Stross's take on bitcoin (spoilers: it's negative).
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Mongrel
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Re: Buttcoin

Postby Mongrel » Tue Jan 21, 2014 7:46 pm

I think Stross' views were linked somewhere back on the old board at some point.
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Thad
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Re: Buttcoin

Postby Thad » Tue Jan 21, 2014 9:23 pm

Sounds like something I'd do, but here it is just in case you missed it:

Why I want Bitcoin to die in a fire, by Charles Stross.

tl;dr it seems to be designed for the express purpose of black market business, tax evasion, and fucking over the poor.

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Büge
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Re: Buttcoin

Postby Büge » Tue Jan 21, 2014 9:29 pm

I think the amount of processing power it takes to sustain a bitcoin is rapidly approaching the threshold of impracticality.

Royal
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Re: Buttcoin

Postby Royal » Tue Jan 21, 2014 9:30 pm

Thad wrote:Sounds like something I'd do, but here it is just in case you missed it:

Why I want Bitcoin to die in a fire, by Charles Stross.

tl;dr it seems to be designed for the express purpose of black market business, tax evasion, and fucking over the poor.


Not surprising, considering it was created by crypto-libertarians.

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Mongrel
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Re: Buttcoin

Postby Mongrel » Tue Jan 21, 2014 10:48 pm

Just seen on the subway news ticker: "Las Vegas casinos announce they will accept Bitcoins as payment, but only for food and lodging, not gambling."
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MarsDragon
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Re: Buttcoin

Postby MarsDragon » Wed Jan 22, 2014 9:17 am

Büge wrote:I think the amount of processing power it takes to sustain a bitcoin is rapidly approaching the threshold of impracticality.


"Approaching"?

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