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re: Major glitch in Bitcoin network sparks sell-off
Posted on 3/12/13 at 10:30 am to Fat Bastard
Posted on 3/12/13 at 10:30 am to Fat Bastard
quote:
instead of the blue pill?
I told him to shove the Red Pill right up his arse
1
Posted on 3/12/13 at 10:36 am to Vols&Shaft83
Serious question: If it was a sell-off, who was buying?
Posted on 3/12/13 at 10:41 am to Meauxjeaux
quote:
Serious question: If it was a sell-off, who was buying?
You're asking me?
Posted on 3/12/13 at 10:51 am to Vols&Shaft83
This thread will only stay awesome if Wiki stays and defends this monetary voo-doo
Posted on 3/12/13 at 11:01 am to Broke
quote:
This thread will only stay awesome if Wiki stays and defends this monetary voo-doo
You know I'm down for that.
Broke, since you're new to these discussions, I'll ask you a question I try to ask every Luddite:
Do you have a problem with Bitcoin itself, or is your problem with the concept of a crypto-currency in general?
This post was edited on 3/12/13 at 11:02 am
Posted on 3/12/13 at 11:04 am to WikiTiger
quote:
Do you have a problem with Bitcoin itself, or is your problem with the concept of a crypto-currency in general?
Posted on 3/12/13 at 11:31 am to Vols&Shaft83
in
Posted on 3/12/13 at 11:53 am to Vols&Shaft83
quote:
Serious question: If it was a sell-off, who was buying?
You're asking me?
No, you were just the last post in the thread. I'm asking anyone.
Posted on 3/12/13 at 11:55 am to Meauxjeaux
quote:
No, you were just the last post in the thread. I'm asking anyone.
Oh, I thought you knew about this stuff, aren't you mining?
Posted on 3/12/13 at 11:56 am to Meauxjeaux
honestly? I probably would have if I had seen it.
Just to resell right now.
Like I've said before, I'm not sold on this as a currency and don't trust it, but my mind is still open.
That being said, I think it is absolutely gameable for a quick profit, just like last night.
Just to resell right now.
Like I've said before, I'm not sold on this as a currency and don't trust it, but my mind is still open.
That being said, I think it is absolutely gameable for a quick profit, just like last night.
Posted on 3/12/13 at 12:01 pm to Meauxjeaux
quote:
Serious question: If it was a sell-off, who was buying?
Doesn't bitcoins have several market makers?
They had to keep dropping the price in order to generate bids. It's possible there were few people buying (no bids) other than the market makers. And that's why the price fell so much so quickly.
Posted on 3/12/13 at 12:12 pm to LSURussian
What happened last night
Posted on 3/12/13 at 1:11 pm to Vols&Shaft83
quote:
Oh, I thought you knew about this stuff, aren't you mining?
I don't know if I am or not. The stupid software doesn't say anything.
This post was edited on 3/12/13 at 1:13 pm
Posted on 3/12/13 at 1:14 pm to LSURussian
quote:
LSURussian
quote:
You obviously don't understand cryptography, especially the sophisticated cryptography used by bitcoins.
It is sharable, fresh-thinking unit enhancer cryptography using extended exuding hexidecimal projection technology which cannot be reversed even using a reverse-engineered heuristic instruction counterweight via a cross-platform optimal open system.*
I hope this helps you understand the wonderfulness that is bitcoins...
* Source
Posted on 3/12/13 at 1:15 pm to Meauxjeaux
quote:
I don't know if I am or not. The stupid software doesn't say anything.
Ruh Roh, have you contacted the Bitcoin Gods for help?
Posted on 3/12/13 at 1:16 pm to Meauxjeaux
quote:
I don't know if I am or not. The stupid software doesn't say anything.
Dude, join a mining pool. You are wasting your time if you don't.
Posted on 3/12/13 at 1:18 pm to WikiTiger
quote:
Dude, join a mining pool. You are wasting your time if you don't.
Yeah, NOOB
Posted on 3/12/13 at 1:23 pm to WikiTiger
quote:
or is your problem with the concept of a crypto-currency in general?
This. What's the need for it? Did people quit accepting the US Dollar? I can't wrap my mind around how this shite just shows up out of nowhere after a "mining" session. If a bunch of made up currency showed up at my house, the US Secret Service would be knocking. Consider me crazy but I enjoy the fact that the central bank controls currency instead of a Pentium 3.
Posted on 3/12/13 at 1:25 pm to Broke
quote:
how this shite just shows up out of nowhere after a "mining" session
+1
And I've asked multiple times, what stopped the creators from making millions of bitcoins for themselves in the beginning
Posted on 3/12/13 at 1:25 pm to Vols&Shaft83
I see Bitcoins are an accepted form of payment for bums now.
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