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Reminder: crypto is a FRAUD, produces NOTHING of value besides numbers (DTP)
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Date: July 20th, 2018 12:49 PM Author: Sooty native that's it: a unique pattern of numbers that you own with another number (the account "value") attached to it. that's BTC, a collector's item. the rest? all junk. literally everything you heard about "REVOLUTIONARY TECH" is garbage. it's a steaming pile of shit. (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465657) |
Date: July 20th, 2018 12:50 PM Author: azure nubile macaca When moon (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465660) |
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Date: July 20th, 2018 12:50 PM Author: Cracking Cheese-eating Rehab Mood (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465661) |
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Date: July 20th, 2018 12:50 PM Author: Big office associate too early to say this, crypto coins are just getting started in the grand scheme. Look at the internet bubble; people were saying the same thing about e-commerce after the NASDAQ got blown out (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465667) |
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Date: July 20th, 2018 12:57 PM Author: Histrionic Den Antidepressant Drug E-commerce did have a profitable history (albeit relatively tiny) even before the late 90's bubble and it was growing rapidly. My issue with crypto is that the percentage of transactions used for actual purchases and p2p transfers seems to be going DOWN over time. (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465717) |
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Date: July 20th, 2018 12:58 PM Author: Sooty native nonsense, a worldwide communications/computational network was seen as inevitable even in science fiction. in the same way that automation or artificial intelligence is. it was only a matter of time, a matter of when, and who would accomplish those things.
"PUT EVERYTHING ON A BLOCKCHAIN! WE DON'T NEED NO AUTHORITY! EVERYONE OWN THEIR OWN COINS!" is a far cry from that. |
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Date: July 20th, 2018 1:03 PM Author: Big office associate Having worked in the debt derivatives industry I can tell you the cost/efficiency gains from putting contract payments on a trustless protocol would change the nature of the sector
I think retail folks who pay for hundred-dollar purchases with a credit card lack a certain perspective |
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Date: July 20th, 2018 1:06 PM Author: Sooty native lots of companies "test-driving" similar data structures, but <<<NO COINS>>> attached
NO COIN --> NO MOON |
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Date: July 20th, 2018 1:08 PM Author: Histrionic Den Antidepressant Drug I think you're right, although your OP says "crypto" is a fraud. Maybe it's more accurate to say that the coins are frauds. (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465783) |
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Date: July 20th, 2018 1:09 PM Author: Sooty native crypto = cryptocurrency
didn't say cryptography is a fraud |
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Date: July 20th, 2018 12:52 PM Author: motley ungodly whorehouse I just reviewed a purchase agreement for a pre-ICO sale of a bunch of crypto (will not disclose which one).
It was pretty lulzy, specified over and over that the "seller" made no representations or guarantees about the performance of the investment, and even said that the coin could lose funding and research and go defunct and the buyer would be shit out of luck. |
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Date: July 20th, 2018 12:53 PM Author: Big office associate what coin? (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465689) |
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Date: July 20th, 2018 12:54 PM Author: motley ungodly whorehouse nope (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465695) |
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Date: July 20th, 2018 12:53 PM Author: glittery lodge Necessary for a low-trust, globalist world (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465691) |
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Date: July 20th, 2018 12:55 PM Author: Sooty native fucking garbage
"be your own bank" = anarchy = people will beat you down and steal your coins and there is INHERENTLY nothing you can do to get it back.
lol at this libertarian BULLSHIT about financial independence/liberation and "fuck daa bad government!", when they can't even secure their own physical security and will come crying to the government's "centralized" police force to protect them. |
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Date: July 20th, 2018 1:04 PM Author: Big office associate how can they steal coins by beating you down? (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465756) |
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Date: July 20th, 2018 1:05 PM Author: Sooty native "send me your coins or ill kill you"? (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465762) |
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Date: July 20th, 2018 12:58 PM Author: umber deranged turdskin meetinghouse yeah okay man (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465726) |
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Date: July 20th, 2018 1:10 PM Author: Pungent Theater Stage (http://www.autoadmit.com/thread.php?thread_id=4031025&forum_id=2#36465807) |