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God bless u all for making money but if you truly believe in crypto you are stup
Poast new message in this thread
Date: November 4th, 2021 10:17 AM Author: lake associate Stack all the cash you can but this shit is literally all vaporware
Anyone who talks about "the tech" or widespread adoption has brain worms |
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Date: November 4th, 2021 11:49 AM Author: Translucent multi-billionaire enjoy getting DING-FAGGED by your shit bank every time you try to make a $5 credit card purchase
"Haha it's just our policy" |
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Date: November 4th, 2021 12:02 PM Author: lake associate ? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385426) |
Date: November 4th, 2021 10:18 AM Author: Vivacious metal lettuce (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384723) |
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Date: November 4th, 2021 10:18 AM Author: bateful sable native http://www.xoxohth.com/thread.php?thread_id=4840634&mc=52&forum_id=2 (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384724) |
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Date: November 4th, 2021 10:19 AM Author: Splenetic bbw I say this as a friend: it's not too late for you to get in and enjoy the ride up. There are plenty of gains still ahead. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384729) |
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Date: November 4th, 2021 10:21 AM Author: lake associate Irrelevant
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Date: November 4th, 2021 10:21 AM Author: thriller bespoke forum corn cake Proud NOCOINER here.
I still don’t get how crypto translates into real, useable money. Let’s say I get a crypto wallet and someone sends me 0.09 BTC. How could I turn that into useable cash in hand, and how quickly? Pls explain. |
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Date: November 4th, 2021 10:22 AM Author: lake associate You can sign up for an exchange that follows know your customer laws and then cash out to your bank account
Or you can use a bitcoin atm and cash out anonymously for a highish fee, they are all over the place and monitored by feds
But its hugely complicated and inefficient & solves a problem that never existed |
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Date: November 4th, 2021 10:33 AM Author: thriller bespoke forum corn cake “But its hugely complicated and inefficient”
And that’s why I’m a nocoiner |
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Date: November 4th, 2021 10:24 AM Author: floppy rebellious windowlicker theater stage crypto is trying to evolve to the point that people forgo fiat altogether and start accepting digital money. everywhere. globalist banksters understand that once a critical mass of people realizes that central banks, credit card companies, etc. are all fucking them every day when its possible to bypass fiat altogether, you will actually one day buy your pizza with USDC, your lamborghini with bitcoin, etc., and fiat could very well collapse altogether. the most ironic thing from such a development would be "USDC" becoming "fiat" and paper money becomes literal toilet paper
central banks know more people are waking up to this endgame, which is why guys like allaire are trying to make moves now to secure their spot during this transition period |
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Date: November 4th, 2021 10:26 AM Author: lake associate lol (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384751) |
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Date: November 4th, 2021 10:28 AM Author: floppy rebellious windowlicker theater stage if one day, lamborghini, ferrari, etc. all suddenly announced they would accept USDC/BTC in payments, this actually could happen, as crazy as it sounds
think about how much buzz tesla created when they took that first mover advantage. smart companies are already developing their crypto teams |
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Date: November 4th, 2021 10:32 AM Author: lake associate It would be purely PR fluff and 1-2 people per year would buy cars in computer money
Tesla stopped accepting btc as payment |
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Date: November 4th, 2021 10:32 AM Author: floppy rebellious windowlicker theater stage crazier things have happened man. i would love to be able to travel around the world and pay with the USDC in my sollet instead of all the dumb shit associated with fiat, exchange rates, tec. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384791) |
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Date: November 4th, 2021 10:33 AM Author: Onyx soggy location hominid why? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384799) |
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Date: November 4th, 2021 10:41 AM Author: floppy rebellious windowlicker theater stage efficiency (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384850) |
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Date: November 4th, 2021 11:01 AM Author: elite spot mother bc, just like people above 22yo who pirate music, he's poor but trying to play it off like it's for "convenience" (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385002) |
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Date: November 4th, 2021 10:33 AM Author: thriller bespoke forum corn cake (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384792) |
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Date: November 4th, 2021 10:31 AM Author: iridescent abode circlehead How are they fucking us over, and how does crypto solve it? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384779) |
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Date: November 4th, 2021 10:33 AM Author: floppy rebellious windowlicker theater stage if you know what people are doing in defi and still have to ask yourself this, you just dont get how insane things in crypto are
average joe is fucking the banks (both central banks and wall street banks), and its 180. this is why institutions are trying to get into the game after seeing crypto develop to the point where defi is posing a legitimate threat to banks |
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Date: November 4th, 2021 10:42 AM Author: lake associate Brain worms (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384854) |
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Date: November 4th, 2021 10:43 AM Author: floppy rebellious windowlicker theater stage if i told you that literal hedge funds are being built on solana as we speak, would you believe me? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384863) |
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Date: November 4th, 2021 10:43 AM Author: charcoal trailer park voyeur which hedge funds? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384868) |
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Date: November 4th, 2021 10:44 AM Author: floppy rebellious windowlicker theater stage if you have to ask... (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384869) |
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Date: November 4th, 2021 10:44 AM Author: charcoal trailer park voyeur I'm asking. Which? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384872) |
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Date: November 4th, 2021 10:56 AM Author: iridescent abode circlehead How is the average joe getting fucked? What is crypto’s solution for the way the average joe is getting fucked? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384973) |
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Date: November 4th, 2021 11:00 AM Author: elite spot mother >crypto is trying to evolve to the point that people forgo fiat altogether and start accepting digital money
one cryptocurrency is trying to do that (and most people invested it don't believe that anyway), and all the others are just running scams |
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Date: November 4th, 2021 11:24 AM Author: Mauve private investor parlor "The banks are fucking me!" said the Redditor looking at $8 in Wells Fargo service charges before paying a 2% fee to buy "Mango", then losing it all by mistyping a single character in the address (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385165) |
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Date: November 4th, 2021 11:41 AM Author: lake associate (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385283) |
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Date: November 4th, 2021 11:43 PM Author: French toilet seat (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43389695) |
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Date: November 4th, 2021 11:44 PM Author: soul-stirring red incel (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43389699) |
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Date: November 4th, 2021 10:26 AM Author: bateful sable native Blockchain tech is the real revolution here, not cryptocurrency (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384750) |
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Date: November 4th, 2021 10:28 AM Author: cream karate cr
idiots like nyuug become cultists and swear they will change the world or some shit Lmao |
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Date: November 4th, 2021 10:29 AM Author: floppy rebellious windowlicker theater stage tell that to stablekwon, LUNA is doing well (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384764) |
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Date: November 4th, 2021 10:30 AM Author: cream karate Lmao (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384772) |
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Date: November 4th, 2021 10:31 AM Author: floppy rebellious windowlicker theater stage i actually recently made fun of a terramo on CT the other day by pointing out that algostables are being developed on solana.
said terramo did NOT like me pointing that out. |
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Date: November 4th, 2021 10:28 AM Author: lake associate Blockchain tech is literally just an append only cryptographic database which has existed since the 70s
You abject idiot |
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Date: November 4th, 2021 10:29 AM Author: bateful sable native Yes, the blockchain technology being deployed today to effect instantaneous transactions for complicated products with the ability to use metadata to customized smart contracts to make them self-executing was FULLY FUNCTIONAL in the 1970s.
you’re a really smart person who totally knows what he is talking about ;-) |
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Date: November 4th, 2021 10:34 AM Author: lake associate "Instantaneous" lol it takes days for a payment to process with huge fees to boot
smart contracts will never be widely used https://www.longhash.com/en/news/3324/DeFi’s-Oracle-Problem-May-Not-Be-Solvable |
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Date: November 4th, 2021 10:38 AM Author: excitant gaming laptop lay Not Solana, and it will only get faster (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384824) |
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Date: November 4th, 2021 10:40 AM Author: lake associate Solana is hosted on aws
Why the layers of obfuscation? |
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Date: November 4th, 2021 10:35 AM Author: Onyx soggy location hominid I don't understand, I went to the store earlier and bought a lighter and a cup of coffee with a $5 now I have change. How does your version improve on that? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384808) |
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Date: November 4th, 2021 11:21 AM Author: bateful sable native Crypto isn’t that useful yet IMO (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385142) |
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Date: November 4th, 2021 10:36 AM Author: charcoal trailer park voyeur lol at "instantaneous transactions" (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384815) |
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Date: November 4th, 2021 10:36 AM Author: charcoal trailer park voyeur Date: November 4th, 2021 10:29 AM Author: The Kraken!
Yes, the blockchain technology being deployed today to effect instantaneous transactions for complicated products with the ability to use metadata to customized smart contracts to make them self-executing was FULLY FUNCTIONAL in the 1970s. you’re a really smart person who totally knows what he is talking about ;-) |
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Date: November 4th, 2021 11:19 AM Author: Gay Den I love the lib on lib violence itt (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385127) |
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Date: November 4th, 2021 11:20 AM Author: bateful sable native FLW is a lib? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385138) |
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Date: November 4th, 2021 10:32 AM Author: thriller bespoke forum corn cake Cool this means nothing to me (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384789) |
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Date: November 4th, 2021 11:17 AM Author: elite spot mother blockchain is a method of maintaining data robustly and often publicly in a way it cannot be tampered with
with respect to cryptocurrencies, it's used to maintain a public ledger of transactions, so anyone can at any point prove they have X amount of currency, and everyone can verify the transaction history that proves it
with more work on smart contracts (contracts that are expressible with perfect precision using logic, programming, or math—same thing, different appearance), it will wipe out the entire escrow sector of the economy
it could also be used to reduce counterfeiting because you could have a UID identified with a product that anyone with access to the internet (i.e., potential buyer) could at the point of sale verify the product is legit and not counterfeit, and this includes verifying even a one dollar bill is not counterfeit
probably also would provide easy and secure online voting, meaning insane $ saved by not having to run physical polling stations or drive to the polls or anything, and no rapetiles with guns at the polls scaring away minorities, oh what's that you hate crypto now? |
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Date: November 4th, 2021 12:03 PM Author: lake associate "with more work on smart contracts (contracts that are expressible with perfect precision using logic, programming, or math—same thing, different appearance), it will wipe out the entire escrow sector of the economy"
No it won't |
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Date: November 4th, 2021 10:42 AM Author: Splenetic bbw this is the 2017 idiot take mantra. Can you explain what you mean? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384851) |
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Date: November 4th, 2021 11:05 AM Author: elite spot mother this; blockchain is going to be like public key encryption and revolutionize the economy (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385029) |
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Date: November 4th, 2021 1:01 PM Author: lake associate Lmao - brain worns bad (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385820) |
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Date: November 4th, 2021 1:16 PM Author: bateful sable native Where is your modesty? You’ve been spectacularly wrong on EVERYTHING related to crypto for years and yet you still confidently espouse the exact same position.
Are you too low IQ to learn? Too proud? |
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Date: November 4th, 2021 1:18 PM Author: lake associate I genuinely believe you have such severe autism it renders you unable to understand any nuance and I will no longer engage with you (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385967) |
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Date: November 4th, 2021 1:19 PM Author: bateful sable native Tell me more about how “decentralized” means “spread across many nodes in physically disparate locations” you absolute retard. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385977) |
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Date: November 4th, 2021 10:40 AM Author: Splenetic bbw Why would you be proud of being a nocoiner? even if you thought the whole thing was a scam, you could have sold today and made huge gains. Instead you sat on the sideline and missed out. That's not something to be proud of. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384844) |
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Date: November 4th, 2021 10:47 AM Author: floppy rebellious windowlicker theater stage absolutely RUTHLESS. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384888) |
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Date: November 4th, 2021 10:49 AM Author: lake associate Maybe he was born free of jewish greed (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384914) |
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Date: November 4th, 2021 10:49 AM Author: cream karate so if it's clearly a scam you should at least participate for a while before cashing out? is that your argument? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384917) |
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Date: November 4th, 2021 10:51 AM Author: Splenetic bbw yes (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384929) |
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Date: November 4th, 2021 11:18 AM Author: Onyx soggy location hominid jew (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385120) |
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Date: November 4th, 2021 11:31 AM Author: Splenetic bbw better than being a nocoiner. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385224) |
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Date: November 4th, 2021 12:05 PM Author: Beta bright foreskin milk If you have an account on exchange you can sell and transfer the $ to your bank quite easily. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385445) |
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Date: November 4th, 2021 10:28 AM Author: excitant gaming laptop lay Nah the blockchain and its "censorship resistance" and decentralization is the big development. It paves the way for doing all your banking without actual banks and actual ownership of digital assets. The world is getting more online and "the metaverse" will be huge. Your kids will probably spend more time in VR worlds fretting about owning a spaceship or gun that is unique and expensive. The blockchains will be the backbone of all this.
But yeah you're right that 95%+ of tokens are ponzis and will be worthless |
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Date: November 4th, 2021 10:29 AM Author: bateful sable native lol you idiot we had all that tech inthe 1970s (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384767) |
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Date: November 4th, 2021 10:37 AM Author: excitant gaming laptop lay Nope (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384819) |
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Date: November 4th, 2021 10:31 AM Author: Onyx soggy location hominid "It paves the way for doing all your banking without actual banks and actual ownership of digital assets."
Just so you know I can bank without banks too--its called a coffee can. Or a buried jar of silver. And I have physical possession of the physical thing. |
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Date: November 4th, 2021 10:35 AM Author: floppy rebellious windowlicker theater stage wrapping your mind around the fact that USDC is just as good as toilet paper in your wallet is the first conceptual block you have to get before getting further into crypto (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384806) |
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Date: November 4th, 2021 10:38 AM Author: Onyx soggy location hominid Ok? I used toilet paper to buy coffee this morning? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384830) |
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Date: November 4th, 2021 10:40 AM Author: floppy rebellious windowlicker theater stage as insane as it sounds, its 100% true. toilet paper got you that coffee. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384842) |
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Date: November 4th, 2021 12:09 PM Author: Concupiscible Kitchen Sweet Tailpipe (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385461) |
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Date: November 4th, 2021 10:36 AM Author: excitant gaming laptop lay Did you think this was a profound response? Lol you fucking idiot (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384814) |
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Date: November 4th, 2021 10:39 AM Author: Onyx soggy location hominid Its bartering with the requirement of an electronic device. I can do that without one. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384838) |
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Date: November 4th, 2021 10:42 AM Author: excitant gaming laptop lay Lol good for you. Blockchains have no value then? You fucking retard. "I can talk without the telephone, thank you very much!" *smug look* (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384857) |
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Date: November 4th, 2021 10:44 AM Author: lake associate No blockchain doesn't have no value
It actually has negative value as it wastes a fucking tremendous amount of electricity lol |
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Date: November 4th, 2021 11:21 AM Author: Onyx soggy location hominid you're being very argumentative for someone with the "better" argument.
how does a device help me buy a coffee or a pack of smokes better than cash in my wallet?
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Date: November 4th, 2021 11:27 AM Author: Mauve private investor parlor Blockchain is so valuable that the 14 people who contributed off and on to Solana's codebase over the last 18 months casually created a blockchain network "worth" $68 billion (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385190) |
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Date: November 4th, 2021 10:33 AM Author: charcoal trailer park voyeur lol (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384794) |
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Date: November 4th, 2021 10:39 AM Author: lake associate Blockchain is not decentralized in any way https://hackernoon.com/blockchain-is-not-trustless-or-decentralized-nj8i46ji
The rest of this stuff can be accomplished much more safely and efficiently on AWS or oracle etc
Fifa ultimate team, fortnite etc all have digital currency bullshit without involving blockchain |
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Date: November 4th, 2021 10:41 AM Author: exhilarant gaped piazza rigpig FLW is right about this. Idk why everyone goes into autistic rage over him stating the obvious. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384845) |
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Date: November 4th, 2021 11:28 AM Author: Mauve private investor parlor Crypto normies can't wrap their head around critical thinking (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385199) |
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Date: November 4th, 2021 1:19 PM Author: bateful sable native “ Also, every node in the world stores the same copy of the blockchain, and they hold the entire thing. When a new transaction is made, the changes are replicated across the entire network, updating every node. Blockchain is replicated, not decentralized.”
Imagine how fucking stupid you would have to be to interpret “decentralized” as meaning “not stored in the same place.”
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Date: November 4th, 2021 10:41 AM Author: lascivious church building police squad The money is great but honestly I’m in it for the tech. It could go to zero tomorrow and I’d still be interested in crypto. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384847) |
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Date: November 4th, 2021 10:42 AM Author: lake associate 180 (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384858) |
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Date: November 4th, 2021 10:44 AM Author: Carmine Haunting Address Doctorate (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384873) |
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Date: November 4th, 2021 10:43 AM Author: exciting filthpig so focusing in on just one thing to keep the conversation centered:
do you think there is utility in owning a company stock that gives off a dividend? because, if so, that's what governance tokens do.
put aside currencies, nfts, on chain verifications, and authenticity, all that other shit. |
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Date: November 4th, 2021 10:43 AM Author: exhilarant gaped piazza rigpig These things are all zero sum. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384866) |
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Date: November 4th, 2021 10:45 AM Author: exciting filthpig unpack this a little and assume i'm a dullard. how is this all zero sum? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384877) |
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Date: November 4th, 2021 10:47 AM Author: exhilarant gaped piazza rigpig Read the text in that pic below. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384886) |
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Date: November 4th, 2021 10:46 AM Author: lake associate Negative sum in fact
https://files.catbox.moe/w665x9.png |
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Date: November 4th, 2021 10:47 AM Author: exhilarant gaped piazza rigpig (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384885) |
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Date: November 4th, 2021 10:47 AM Author: charcoal trailer park voyeur (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384892) |
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Date: November 4th, 2021 10:51 AM Author: exciting filthpig these feel like naked claims, but i would be interested in a citation to the full paper. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384939) |
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Date: November 4th, 2021 10:53 AM Author: lake associate You can read the full thing here
https://www.sec.gov/comments/sr-cboebzx-2018-040/srcboebzx2018040-4064523-169183.pdf |
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Date: November 4th, 2021 10:53 AM Author: exciting filthpig thanks. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384958) |
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Date: November 4th, 2021 11:44 AM Author: Splenetic bbw It seems like the entire argument is "it's a scam because miners sell newly mined btc, for which they paid nothing, in exchange for fiat creating a trade deficiency."
Putting aside anyone's views on utility, how is this different than the gold or other commodities markets? Gold miner uses physical labor to dig up chunks of gold and then sells them into the market.
Unless there's something I'm missing here, I don't see how the markets are any different based on the author's focus on bitcoin mining, and i don't think anyone would use this feature of the gold market to claim that gold is a scam. |
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Date: November 4th, 2021 12:21 PM Author: buck-toothed patrolman parlour he's wrong that btc miners pay nothing because they pay a shit load in hardware and electricity. the real difference is that commodities are limited and have actual utility, so they will always have some value. crypto's value is almost entirely psychological, and the only thing it has going for it - transferability/money laundering - can be shut down any minute. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385539) |
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Date: November 4th, 2021 12:42 PM Author: Splenetic bbw The supply of bitcoin is limited too. Probably more so than gold since we know right now the max # of btc that will ever be in circulation.
Utility is a different argument and doesn't require the type of market analysis in the blurb, hence the preface in my post. |
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Date: November 4th, 2021 12:44 PM Author: lake associate You could simply copy paste the bitcoin source code, call it bitcoin as well, start mining and bam unlimited supply of bitcoin (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385706) |
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Date: November 4th, 2021 12:45 PM Author: Splenetic bbw Ok go do that (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385712) |
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Date: November 4th, 2021 12:47 PM Author: lascivious church building police squad Lol you can’t be this stupid (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385726) |
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Date: November 4th, 2021 12:52 PM Author: lake associate https://github.com/bitcoin/bitcoin
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Date: November 4th, 2021 1:18 PM Author: lascivious church building police squad Why don’t you go ahead and do it like dupa said Let us know how much hashpower you end up with |
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Date: November 4th, 2021 1:19 PM Author: lake associate There are thousands of them already you spastic
https://mapofcoins.com/bitcoin/ |
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Date: November 4th, 2021 1:26 PM Author: lascivious church building police squad Lol dumbass there are not thousands of coins with a network as resilient as bitcoins. You are a fucking retard. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43386035) |
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Date: November 4th, 2021 1:31 PM Author: lake associate Brain worms (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43386068) |
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Date: November 4th, 2021 1:33 PM Author: lascivious church building police squad you belong on r/buttcoin lots of idiots like you over there |
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Date: November 4th, 2021 1:09 PM Author: buck-toothed patrolman parlour right, the supply of bitcoin(tm) is limited, but the supply of alternative coins with identical utility is infinite and practically free. that's not the case with real commodities. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385880) |
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Date: November 4th, 2021 1:13 PM Author: lake associate (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385918) |
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Date: November 4th, 2021 10:48 AM Author: lake associate So its just a thing that existed already with a different name? Sounds about right for crypto
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Date: November 4th, 2021 10:53 AM Author: exciting filthpig i wouldn't disagree with this. focusing on just this element it's the in real time creation of a new marketplace for equities. being able to buy into companies is a good thing.
is it volatile and is a lot of the pricing preposterous? yes. but with free market forces you eventually reach an equilibrium between price and actual value. |
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Date: November 4th, 2021 10:56 AM Author: lake associate There aren't free market forces at work in crypto, there is a tremendous amount of price manipulation & collusion from top to bottom (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43384975) |
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Date: November 4th, 2021 12:59 PM Author: exciting filthpig ...which once it scales will dilute.
your objections to it seems to be based on the problems one finds at launch of any new sector/industry.
whales dominate new spaces.
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Date: November 4th, 2021 1:02 PM Author: lake associate This is sad (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385828) |
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Date: November 5th, 2021 12:10 AM Author: exciting filthpig go on, the floor is yours. convince me. i havent read the article you sent, but it's open in a tab and i will get to it. i have to admit i'm a little surprised that this is your position.
there is one thing to say BTC to 0. there are some respectable voices who say this. it is another to say the whole defi space has no value and is a ponzi scheme. |
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Date: November 5th, 2021 12:20 AM Author: lake associate Why don't you explain what problem defi fixes, why it would be widely adopted when it is catastrophically expensive (energy costs), how the constant need for new investors to counteract the negative sum effects will continue in perpetuity, and how they will ever solve the oracle problem inherent in "smart contracts"
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Date: November 5th, 2021 12:47 AM Author: exciting filthpig it lowers the barriers of entry and helps to automate the middle man.
w.r.t to expense to it that is quite literally being answered by side chains, roll ups, etc. going from 15trx/sec to 150k, for example.
the constant need for new investors is simply inherent in any new space and part of growth for any space. is this one that exists into perpetuity? your guess is as good as mine. tradfi has the same problem if it's a problem at all. that's growth. tradfi doesn't need new investors yet i keep getting spammed by various vendors on every advertising medium?
your oracle question actually answers itself. new ways of getting information that are chain agnostic are being implemented and continue to be developed.
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Date: November 4th, 2021 1:11 PM Author: buck-toothed patrolman parlour whales dominate new spaces because it costs a lot to compete against them. it doesn't cost anything to compete against bitcoin. (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385906) |
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Date: November 4th, 2021 11:06 AM Author: coiffed halford works for me (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385037) |
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Date: November 4th, 2021 12:03 PM Author: fragrant disrespectful partner background story OP, are you familiar with the definition of psychosis? (http://www.autoadmit.com/thread.php?thread_id=4956891&forum_id=2#43385433) |