The Crypto Thread

lol look at that mf y axis

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those friends just went to buffalo wild wings, tried and failed to flirt w the very obviously married waitress, tipped shitty and then told you you missed out.

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Riverman dunking b/c something he said was a joke at $100 is now worth only $22k is probably my new favorite thing from this forum.

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Rivernan claiming for the last two years that inflation wasn’t actually happening was p good

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How many shitcoins are still beating certain notorious hedge funds ytd?

also its both

making “a bitcoin” has been a computer science problem since basically computers existed (ya it’s mostly pointless but everything is); what changed was the storage size and not processing power, an unforeseen circumstance

it’s similar to synthesizers for music: when they were created the actual goal was to realistically emulate actual instruments, and whilst people realized how hard this was (it’s synthesizing the attack; the sustain is trivial) hard drive capabilities exploded; so people thought, fuck it, let’s just literally record every little nuance of how the instrument sounds; i have a grand piano VST that is 250gb in size no typo

so with bitcoin the solution was to just write down the entire blockchain as nutty as that wouldve sounded even in the early 2000s; it’s a fucking 400gb text file essentially and whilst we can fit that on our laptops, the bible is 4mb for comparison; this is both an elegant and ridiculously clunky solution to the problem but a solution nonetheless and bitcoin really is a marvelous invention

but you dont care about any of that, you just feel a subtle existential crisis behind how the cryptocurrency markets highlight the ridiculousness of the entire concept, especially traditional financial markets, so, i’m not sure why i taxed my fingers typing when i could’ve jabbed those same fingers in my eyeballs until i went blind or something

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And the $300M of assets that Celsius ran off with probably only amounts for a few kb on the ledger. Almost insignificant if you think about it.

People coming in here to dunk on homies losing money is a bummer. However whoever told me about pak and this Ash thing at 50 bucks im mad at you!!!

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PAK IS FREE MONEY!!!

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At least half the F1 teams can do some much needed weight saving on their cars by removing their crypto sponsors.

still not going to help danny ric

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I’m going to save my flexing abouy crypto crashes until bitcoin is under $800 as that was what I thought it could be worth due to criminal uses back in 2011

https://twitter.com/edsbs/status/1536534368809795584

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I got 100% ROI on my dot, so I’m a lifetime pak winner.

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Crypto = -60%
Riverman portfolio = -20%
Everyone 401K and portfolios in tech stocks = -26%

Fiat… 8% inflation:

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tbf, $100 Bitcoin is still on the table.

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9bd

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Honestly the dunking on each other is why I come here. Guilty pleasure.

What else is there to talk about when everything falling?

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nailed it