Major glitch in Bitcoin network sparks sell-off | Page 2 | TigerDroppings.com
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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off

quote:

instead of the blue pill?


I told him to shove the Red Pill right up his ass


Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
18917 posts

re: Major glitch in Bitcoin network sparks sell-off
Serious question: If it was a sell-off, who was buying?


Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off
quote:

Serious question: If it was a sell-off, who was buying?



You're asking me?


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
58450 posts

re: Major glitch in Bitcoin network sparks sell-off
This thread will only stay awesome if Wiki stays and defends this monetary voo-doo


WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Major glitch in Bitcoin network sparks sell-off
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 at 11:02 am


Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off
quote:

Do you have a problem with Bitcoin itself, or is your problem with the concept of a crypto-currency in general?



Image: http://4.bp.blogspot.com/-dS0HipNR0Q4/Ty_mejxO4mI/AAAAAAAAAaM/SUFBWJhll3A/s1600/Bud_Light.jpg


TigerFanatic99
LSU Fan
Granger, IN
Member since Jan 2007
4398 posts

re: Major glitch in Bitcoin network sparks sell-off
in



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Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
18917 posts

re: Major glitch in Bitcoin network sparks sell-off
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.


Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off
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?


TigerFanatic99
LSU Fan
Granger, IN
Member since Jan 2007
4398 posts

re: Major glitch in Bitcoin network sparks sell-off
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.


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LSURussian
LSU Fan
Member since Feb 2005
85145 posts

re: Major glitch in Bitcoin network sparks sell-off
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.


Lsut81
USA Fan
Member since Jun 2005
65863 posts

re: Major glitch in Bitcoin network sparks sell-off


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Meauxjeaux
Memphis Fan
90248 posts including my alters
Member since Jun 2005
18917 posts

re: Major glitch in Bitcoin network sparks sell-off
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 at 1:13 pm


ThisWayChad
Member since Nov 2009
2050 posts

re: Major glitch in Bitcoin network sparks sell-off
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






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off
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?


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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Major glitch in Bitcoin network sparks sell-off
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.


Vols&Shaft83
Tennessee Fan
Member since Dec 2012
25052 posts

re: Major glitch in Bitcoin network sparks sell-off
quote:

Dude, join a mining pool. You are wasting your time if you don't.




Yeah, NOOB


Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
58450 posts

re: Major glitch in Bitcoin network sparks sell-off
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.


Lsut81
USA Fan
Member since Jun 2005
65863 posts

re: Major glitch in Bitcoin network sparks sell-off
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


OnTheBrink
Alabama Fan
TN
Member since Mar 2012
4543 posts

re: Major glitch in Bitcoin network sparks sell-off
I see Bitcoins are an accepted form of payment for bums now.





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