Major glitch in Bitcoin network sparks sell-off | Page 2 | TigerDroppings.com

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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17888 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






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Meauxjeaux
Memphis Fan
I have 89,367 posts with my alters
Member since Jun 2005
17566 posts

re: Major glitch in Bitcoin network sparks sell-off


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





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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17888 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?






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56923 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





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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


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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17888 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?









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TigerFanatic99
LSU Fan
Granger, IN
Member since Jan 2007
3439 posts

re: Major glitch in Bitcoin network sparks sell-off


in







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Meauxjeaux
Memphis Fan
I have 89,367 posts with my alters
Member since Jun 2005
17566 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.






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17888 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?






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TigerFanatic99
LSU Fan
Granger, IN
Member since Jan 2007
3439 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
Baton Rouge
Member since Feb 2005
83704 posts
 Online 

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.






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Lsut81
USA Fan
Member since Jun 2005
65223 posts

re: Major glitch in Bitcoin network sparks sell-off


What happened last night







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Meauxjeaux
Memphis Fan
I have 89,367 posts with my alters
Member since Jun 2005
17566 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


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ThisWayChad
LSU Fan
Member since Nov 2009
1920 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
17888 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.






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
17888 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






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Broke
LSU Fan
AKA Buttercup
Member since Sep 2006
56923 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.






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Lsut81
USA Fan
Member since Jun 2005
65223 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






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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3946 posts
 Online 

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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