Bitcoin has tumbled 10% in one day!

1  2019-01-11 by LiberalKiwi

52 comments

SMASH THE NECROMATRIARCHY

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This, but unironically.

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quote of the year right there.

Yes, but that quote got ruined by Ed.

He keeps using it, but I don't think that silly Pajeet knows what it really means.

That tax dodging retard makes me laugh

Whatever else you want to say about him, he's fucking funny and entertaining. I'll give him that.

McAfee 2020

Yeah, bitcoin does that all the time. Its a shit investment and a worse currency.

An absolute maximum of 7 transactions a second. What kind of idiots thought this could be a viable currency?

It was fine when it was used mostly to buy drugs on darknet markets.

It started out as a way to act as a decentralized currency, but it looks more and more like its more of a crypto asset more than anything else.

So, things are looking better then?

Call me when it stays below $3k.

/r/bitcoin

/r/buttcoin

for some viewing pleasure

A few lines of code and a password that has a greater chance of getting stolen than a sorority girls anal virginity is definitely worth more than three ounces of gold lol

What are you even talking about? it's 1 key and pretty hard to steal if you aren't on a library computer like the homeless shit you are.

Cope harder bro.

A bagholder can either choose to cope or rope.

Lol the guy literally said something incredibly stupid, I'm just correcting him. Why do people who know literally nothing about DLT always think their criticism is novel or even valid at all.

P U M P * A N D * D U M P

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Glad I sold everything I had when it was still in the 5 digit territory.

I was told I was a fucking moron for selling so low. I sold at over 12 thousand. I think I did just fine.

Sensational headline. It's monopoly money, it never had any value to begin with.

tard

after being up 10% in a day, honestly why event post this? It happens all the time.

All the more reason not to use this digitrash for currency. Whole lotta people cashed out of the pyramid scheme at 17k and now all the other dipshits are stuck holding the bag. If you have 10% up and down volatility regularly, all the more reason to not be used as currency or wealth storage for that matter.

Also "After being up 10% in a day" is such C O P E bullshit.

Try "Back at 2018 Low, price halved in a month".

Then don't use it, no one is making you or cares if you don't.

Awwwww, a weak defense.

How much did you lose holding the bag?

I'm still up quite a bit, but I'm mainly interested in the tech.

Next time go harder. Put everything you own into the magic beans.

Eh, I'm still up from when I entered. Ethereum is genuinely useful and I've built a couple PoCs with it at my job. There are some real use cases for some of this stuff, plenty of magic beans in the crypto world, but value as well.

Not only is it a magic bean but it has a crazy power requirements.

Are you aware of proof of stake or other consensus models both in development and released that address this problem?

Ahhh even more magical magic beans. I look forward to hearing cryptards saying this same bullshit in 2029.

It's astounding how much energy you expend on something you don't like and doesn't effect you at all.

i don't care about polluting the planet so long as my magic beans grow into a beanstalk

Cool

r/buttcoin

There is something particularly pathetic about a community that is founded on not liking something that is completely indifferent to them liking it and has no effect on them.

Let me tell you this-- /r/Buttcoin is one of the most malevolent, cruel, coldhearted online communities you'll ever find, and even as a supporter of free speech it appalls me that Reddit would allow such a vile, festering hub of bigotry and sadism to exist. You think /r/Drama was bad? That subreddit, if you pick up on the dog-whistles (and many don't even bother with that-- say want you want about Drama, at least it bans pinging), will reveal itself to you as Reddit's number one hub for the web's most hardened Nazis, Klansmen, Fascists, and Gamergaters. You'll notice on the sidebar that it encourages members to be as dramatic as possible. That's intentional. They encourage arguments in the comments section. That's intentional. You know the Three Minute Hate (it's from this underrated book 1985, give it a read, it's scary how much it parallels our society)? It's like that, they want to stoke the flames of reactionary rage so they continue to dogpile every progressive and minority who enters the subreddit, normalizing these evil feelings. They brigade from subreddit to subreddit, having an entire cabal of mods spanning hundreds of communities, gaslighting lived experiences of the oppressed and unashamedly bolstering Reddit's homegrown white supremacy movement. They've kink-shamed hundreds of people too, some even... to death. I fear that /r/Buttcoin may be producing an entire army of Dylann Roofs and Elliot Rogers, and I highly suggest that nobody dares visit that horrible subreddit, lest you potentially fall victim to its corruptive aura.

Ma'am we've been over this before. You need to stop.

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Let me tell you this-- longpostbot is one of the most malevolent, cruel, coldhearted online bot you'll ever find, and even as a supporter of free speech it appalls me that Reddit would allow such a vile, festering bot of bigotry and sadism to exist. You think /r/Buttcoin was bad? That bot, if you pick up on the dog-whistles (and many don't even bother with that-- say want you want about buttcoin, at least it bans bots), will reveal itself to you as Reddit's number one bot for the web's most hardened Nazis, Klansmen, Fascists, and Gamergaters. You'll notice on its profile that it encourages members to be as dramatic as possible. That's intentional. It encourages arguments in the comments section. That's intentional. You know the Three Minute Hate (it's from this underrated book 1985, give it a read, it's scary how much it parallels our society)? It's like that, it wants to stoke the flames of reactionary rage so it continues to dogpile every progressive and minority who enters /r/Drama, normalizing these evil feelings. It brigades from /r/Drama to /r/Drama, having an entire cabal of post spanning one community, gaslighting lived experiences of the oppressed and unashamedly bolstering Reddit's homegrown white supremacy movement. It's kink-shamed hundreds of people too, some even... to death. I fear that longpostbot may be producing an entire army of Dylann Roofs and Elliot Rogers, and I highly suggest that nobody dares visit that horrible bot, lest you potentially fall victim to its corruptive aura.

I don't know what you said, because I've seen another human naked.

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And yes, this is good for Bitcoin.

"mom can I have some money?"

"to buy food and other necessities?"

"yeeeess"

*actually buys b\*tcoin like a boss*

pink wojak time!

This is good for bitcoin!

So how much BTC do you think McAfee has to have in order make him shill for it?

It never started

Oh, just 10%?

I sleep

Did they sticky the suicide hotline again?

Cryptos are all pyramid schemes l