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Thread: Bitcoins are officially donkdown

  1. #2581
    Platinum BetCheckBet's Avatar
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    Between believing both trump and bitcoins had no chance in 2016 I sure missed out on a shitload of money...

  2. #2582
    Plutonium sonatine's Avatar
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    Quote Originally Posted by BetCheckBet View Post
    Between believing both trump and bitcoins had no chance in 2016 I sure missed out on a shitload of money...



    2:24

     
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      Sanlmar: Making wrong move at right time. Platinum HOF obscure reference.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  3. #2583
    Bronze PuppyMonkeyBaby's Avatar
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    Quote Originally Posted by sonatine View Post
    Quote Originally Posted by BetCheckBet View Post
    Between believing both trump and bitcoins had no chance in 2016 I sure missed out on a shitload of money...



    2:24
    BTC over $1024 this morning Tine.. Still waiting for it.. to be Donkdown..

  4. #2584
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by PuppyMonkeyBaby View Post
    Quote Originally Posted by sonatine View Post




    2:24
    BTC over $1024 this morning Tine.. Still waiting for it.. to be Donkdown..
    You are in the presence of greatness and don't know it.

  5. #2585
    Bronze PuppyMonkeyBaby's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by PuppyMonkeyBaby View Post

    BTC over $1024 this morning Tine.. Still waiting for it.. to be Donkdown..
    You are in the presence of greatness and don't know it.
    This is Tine as he argues for BTC to implode..
    Name:  tumblr_oedymnT47p1tlqsaqo1_500.gif
Views: 465
Size:  1.02 MB

  6. #2586
    Gold DonaldTrumpsHairPiece's Avatar
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    Do I believe BTC will drop again, sure but I also believe it will rebound and perhaps higher.

    Nothing (generally) goes up continuously with no drop(s) along the way or adjustments, profit taking or panic.

    Do I see BTC lasting forever no not the currency solution that will win in the end, has too many limitations and issues but I do believe the tech will advance a shift.

  7. #2587
    Plutonium Sanlmar's Avatar
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    I was sitting here waiting for a transaction to work its way through its confirmations.

    I was feeling pretty good about life.

    Bored, I started looking at old wallet transactions converted into today's dollars.

    Not gonna lie. I am now tilted.

     
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      Henry: http://www.hardballtimes.com/the-doug-mirabelli-trade-an-oral-history/

  8. #2588
    Serial Blogger BeerAndPoker's Avatar
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    $1090

    Who knows where it's going next but maybe hits $1300 and tops the all time high?

    Micon is wigger rich again

  9. #2589
    Owner Dan Druff's Avatar
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    This is probably the first legit run-up over $1000, as the previous one was said to possibly be market manipulation on the part of Mt. Gox.

  10. #2590
    100% Organic MumblesBadly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    I was sitting here waiting for a transaction to work its way through its confirmations.

    I was feeling pretty good about life.

    Bored, I started looking at old wallet transactions converted into today's dollars.

    Not gonna lie. I am now tilted.
    Are there services that confirm for a fee? Because it seems that the slowing of transaction confirmations is a naturally failing market when there is little incentive for miners to confirm transactions for free (or close to it) when the alternative use of hash power is too mine for high-priced bitcoin. Or am I not understanding something about how confirmations work.
    _____________________________________________
    Quote Originally Posted by Dan Druff View Post
    I actually hope this [second impeachment] succeeds, because I want Trump put down politically like a sick, 14-year-old dog. ... I don't want him complicating the 2024 primary season. I just want him done.
    Quote Originally Posted by Dan Druff View Post
    Were Republicans cowardly or unethical not to go along with [convicting Trump in the second impeachment Senate trial]? No. The smart move was to reject it.

  11. #2591
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by MumblesBadly View Post

    Are there services that confirm for a fee?
    I think about this on many occasions. The theory went that if you paid a higher fee voluntarily the miners would push your transaction.

    When you withdraw from a sportsbook, for example, the processor for the sportsbook does not offer the opportunity to raise the transaction fee. The processor doesn't have any motivation in this spot.

    I have always been too lazy when I ship from my wallet to see if I have the opportunity to raise the fee but I don't think it's available. Pretty bare bones with BreadWallet.

    http://www.hardballtimes.com/the-dou...-oral-history/

    Love that link Henry. It's funny you post that Mirabelli story in this thread. You knew my thoughts exactly. My summer grinding baseball, being patient with juice, watching lines all day... all the effort when I could have just left the deposit in my wallet and done nearly as well. BTC was around $300 at the start of spring training.

    I mean I watched the fucking Lakers last night looking for a spot. This is a life squandered for a few bucks. It isn't even real basketball. It's a cruel torment to see this run.

    I remember that exact night Mirabelli was flown in and escorted in by State troopers. Absolutely god. 37,000 people cheering a warmup knuckle ball that Mirabelli cleanly caught. In Druff's lifetime he will never witness anything like this kind of love or interest in the Dodgers.

    I remember Daisuke Matsuzaka and his fucking gyro ball coming to town from Japan. The news stations had helicopters following his limo to the stadium from Logan. We interrupt regular programming, lol.

    $1100 Double top? When the music stops... gonna hurt.

     
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      Henry: The Lakers lose their pick to Philly if it's #4 or higher + a 2019 1st to Orlando. If they secure a top 3 pick (currently 1.5 games ahead of 3rd worst record) they give up a 2018 1st to Philly and two future 2nd rounders to Orlando. Bet on the tank.
    Last edited by Sanlmar; 01-04-2017 at 11:47 AM.

  12. #2592
    PFA Emeritus Crowe Diddly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by MumblesBadly View Post

    Are there services that confirm for a fee?
    I think about this on many occasions. The theory went that if you paid a higher fee voluntarily the miners would push your transaction.

    When you withdraw from a sportsbook, for example, the processor for the sportsbook does not offer the opportunity to raise the transaction fee. The processor doesn't have any motivation in this spot.

    I have always been too lazy when I ship from my wallet to see if I have the opportunity to raise the fee but I don't think it's available. Pretty bare bones with BreadWallet.
    a decent wallet allows you to send coins at a few different priority levels, from expedited to normal to economy. The high priority should get you a few confirms in like 10 minutes. The lowest can take hours. Obv the fee varies at each level.

     
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      MumblesBadly: Thx. Good info. Looks like the era of cheap-and-fast confirmation is over.

  13. #2593
    Plutonium Sanlmar's Avatar
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    What wallet do you use Crowe?

  14. #2594
    PFA Emeritus Crowe Diddly's Avatar
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    Quote Originally Posted by Sanlmar View Post
    What wallet do you use Crowe?
    I use mycelium on a tablet that I don't use for anything else.

    https://wallet.mycelium.com/

  15. #2595
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    Darnnit Sonatine, you convinced me to divest of all my BTC.

  16. #2596
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    Quote Originally Posted by Starbucks Spunk Bucket View Post
    $930...what the fuck is going on?

    I see the positives of BTC but there's three big problems I see with it.

    1. It takes fucking ages for a transaction to clear, and the time for this is, in layman's terms, arbitrary (main problem)
    2. You still can't use it in normal shops, for example to buy a coffee.
    3. Most people still haven't a clue what it is


    If this is it's value when it still doesn't work, what value will it reach when they actually enable it to scale??
    Electronic version of the tulip mania. $GBTC is a proxy for Bitcoin if you want to trade it in your brokerage account. Wish it had options.

  17. #2597
    Diamond Mintjewlips's Avatar
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    Quote Originally Posted by donkdowndonedied View Post
    Darnnit Sonatine, you convinced me to divest of all my BTC.


    "Druff would suck his own dick if it were long enough"- Brandon "drexel" Gerson

    "ann coulter literally has more common sense than pfa."-Sonatine

    "Real grinders supports poker fraud"- Ray Davis


    "DRILLED HER GOOD"- HONGKONGER

  18. #2598
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    Merge this thread with my Trump thread so Tine's legacy as a prediction failure is complete

  19. #2599
    Plutonium sonatine's Avatar
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    Name:  Screen Shot 2017-01-05 at 12.35.54 PM.png
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      donkdowndonedied: That pic. Whatta smile.
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

  20. #2600
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    Quote Originally Posted by Dan Druff View Post
    This is probably the first legit run-up over $1000, as the previous one was said to possibly be market manipulation on the part of Mt. Gox.
    Isn't this one the product of manipulation as well? Something about avoiding Chinese currency restrictions?

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