Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. Gallant Knight

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    Did someone else get liquidated

    E1673B06-F9E2-406B-81EF-619500D6FAAB.png
     
    SmoochieWallace likes this.
  2. Gallant Knight

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    Those dudes look like the biggest dorks on the planet holy shit
     
    Hatfield and mc415 like this.
  3. user15000

    user15000 Well-Known Member

    Dynamite addition as always.
     
  4. Gallant Knight

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    So is the 90 minute YouTube that not a single person will watch
     
  5. user15000

    user15000 Well-Known Member

    In a thread about crypto/btc, the perspective of a guy who has bought billions of it might be relevant to the non-drive by posters.
     
  6. Gallant Knight

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    Who judge had to pledge more btc to avoid being liquidated on his margin loans? Yeah can’t wait to tune in
     
    mc415 and BudKilmer like this.
  7. dblplay1212

    dblplay1212 Well-Known Member
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    2.5x returns in a week in this market. Better find her on whatsapp.

    Screenshot_20220618-095349_YouTube.jpg
     
    PaulKemp likes this.
  8. BudKilmer

    BudKilmer Well-Known Member
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    SSO

    SCAM SHIT ONLY
     
  9. user15000

    user15000 Well-Known Member

    Posting in a thread about an asset you don’t own regarding a video that you wanted to say you won’t watch. What would we do without your valuable additions?
     
  10. Redav

    Redav One big ocean
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    Do you think we live in a meritocracy?
     
  11. JonathanCoachman

    JonathanCoachman The Coach
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    If Peter Thiel had a smoking gun on the Blockchain, I suspect he'd be able to make it disappear on the blockchain.

    Blockchain is great for catching idiots like Jake Paul scamming his fans I'll give it that. But Jake Paul isn't Peter Thiel.
     
    Where Eagles Dare likes this.
  12. user15000

    user15000 Well-Known Member

    Lol who gives a shit. I don’t ask myself questions like that when deciding how to allocate money.
     
  13. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    Some ppl like to champion that he's bought 4 billion in BTC. Pretty awesome accomplishment. His blended purchase price is 31k

    Especially considering he's lost like 1.4 Billion on said accomplishment
     
    BudKilmer and Gallant Knight like this.
  14. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    If impossible why is it so easy to scam, hacked, and steal???

    Srs
     
  15. racer

    racer Yuma, where I work in software.
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    You can’t hack or steal from the block chain. The end product and the morons using it are another story.
     
  16. JonathanCoachman

    JonathanCoachman The Coach
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    Law enforcement is booked solid thanks to hiring uneducated yokels that like shooting black people so it can't afford to go after the kind of crime going on in crypto that hurts people on the lower end of the wealth spectrum. It's painstaking to connect the dots and requires clever people who could probably make more money doing something they'd enjoy more.
     
  17. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    I mean, if it's a public wallet, all these ppl that steal NFTs....why can't they easily and quickly get returned?

    Like 5 billion was stolen 10 years ago and they just caught two ppl a few months ago.

    If it's impossible to hack or steal, seems like these wouldn't happen or take long to resolve
     
  18. AptosDuck

    AptosDuck Pedantic Hausfrau
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    The system is perfect, the people are the problem
     
  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    Libertarianism man
     
  20. JonathanCoachman

    JonathanCoachman The Coach
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    Reading or hearing about planned Libertarian Utopias is a guaranteed good time. Has anyone ever stumbled upon one where they even address the problems like waste disposal and sewage and give an answer that isn't ridiculous?
     
  21. racer

    racer Yuma, where I work in software.
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    Just do what you want with it, man.
     
  22. JonathanCoachman

    JonathanCoachman The Coach
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    They did that in New Hampshire and hundreds of bears invaded the place.
     
  23. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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  24. Redav

    Redav One big ocean
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    I know. Your typical comeback is something along the lines of "this guy is rich so we should listen to him" which insinuates he came across his fortune because he's virtuous.
     
    Name P. Redacted and TAXTAXTAX like this.
  25. Gallant Knight

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    They just spent a few thousand in fake tokens a long time ago there really isn’t more to it than that
     
    Redav likes this.
  26. SmoochieWallace

    SmoochieWallace Ipse dixit
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    What was the reason for that straight line drop overnight?
     
  27. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    hey we got permission to be entertained
     
  28. Gallant Knight

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    Someone got margin called, they couldn’t pledge more assets or meet the call and their fake money got liquidated for real money
     
  29. Gallant Knight

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    Damn guess he’s taking out those loans rn
     
  30. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    The actual blockchain ledger isn't ever scammed, hacked, or stolen. People are losing funds from their wallets by clicking on malicious links and not being aware of the things they are approving/signing on their wallets.

    In every instance of someone having their bored ape stolen, or wallet drained, you can see the blockchain ledger of it being transferred/stolen/hacked.
     
  31. Redav

    Redav One big ocean
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    Hatfield, racer, aisle seven and 4 others like this.
  32. Gallant Knight

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    Lol is his average cost really 31k?
     
  33. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
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    Sounds right, it was 29k late last year and they bought more on the way down from 50k
     
    Whammy likes this.
  34. JonathanCoachman

    JonathanCoachman The Coach
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    These little issues lead to forks in the ledger which can become a major issue where people have gotten screwed out of gains because the fork their entries were in wasn't the most popular forked ledger.
     
  35. Redav

    Redav One big ocean
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    Oof
     
  36. Gallant Knight

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    The good news for him and his shareholders is that they can buy now to dollar cost average down from that 30-31k average

    oh wait they can’t they’re having to pledge assets to avoid being liquidated
     
  37. DollarBillHokie

    DollarBillHokie Usher is the worst
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    Basically, blockchain is like my checking account but without stuff like FDIC protection and avenues to quickly resolve fraud?
     
  38. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Correct. The blockchain is completely decentralized, or that's the intent, which would explain why some people are pushing that libertarian to crypto link.
     
  39. BudKilmer

    BudKilmer Well-Known Member
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    yes that’s the only rewson.
    Only reason at all :laugh:
     
  40. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    You guys are all over the place trying to talk the talk while taking a stab at user that it's hard to keep up with the reasons.

    Maybe you can keep a list for us?
     
  41. Redav

    Redav One big ocean
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    I'm not sure there's any way to resolve fraud
     
  42. Gallant Knight

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    I think we can all come together and agree that someone stealing seth greens ape and him having to halt production on a tv show based on the ape was hilarious
     
  43. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    So it is easily scammed and things are getting stolen...the difference is you can directly see the anonymous wallet that took them but nothing. An be done
     
  44. LuPoor

    LuPoor Cuddle with the homies watching Stand By Me
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    Perhaps we could have some sort of non-governmental Conflict Resolution Organization that would settle crypto disputes
     
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  45. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    Per Google. Yes
     
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  46. JonathanCoachman

    JonathanCoachman The Coach
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    Have you read the Bitcoin Whitepaper? The "thinkers" that Satoshi guy cited were are big time Libertarians. That link has been there from day one.
     
  47. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    Listen go this man who lost over a billion I'm BTC!!!

    He's clearly an unbiased source
     
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  48. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    You can see the thrives accounts that took your money. But can't do anything about it and will nit get it back.