Bitcoin
- Thread starter strawman
- Start date
I bought some bitcoin to buy some specialized online tools that I didn't want to put on my credit card. In the 9 days it took the ACH to clear at CoinBase, I'd gone up $15. I was hoping to zero out, but now I have a balance hanging out 
Cryptominers unable to repay millions in loans are handing over their mining rigs instead
Bloomberg reports that during the height of the crypto boom, when Bitcoin was near $69,000 and profit margins were as high as 90%, miners raised as much...
www.techspot.com
Boo-f'in-hoo.
--Patrick
Probably the same exact guys who would set up a a couple working part time with a $2 million mortgage in 2006 while making that loan the collateral for new financial investments. Finance people are the stupidest motherfuckers imaginable.
Anyone still holding onto any Bitcoin or Ethereum might consider selling it all off because it's PROBABLY about to tank even further.
$29.38 All time
"They stole my apes, Odo!"
figmentPez
Staff member
Just take your money and flush it down the sewer:
What a giant, stinking turd of an idea, and all the crypto-bros will praise it anyway.
What a giant, stinking turd of an idea, and all the crypto-bros will praise it anyway.
figmentPez
Staff member
figmentPez
Staff member
So, if I understand this correctly, groups are trying to add NFTs into Bitcoin's blockchain, but that will cause multiple problems for using Bitcoin as currency, and even break some other Bitcoin uses.
HAHAHAHAHA!
figmentPez
Staff member
This is a dark day:
Sesame Workshop is going to make NFTs.
I don't have words for how disgusted I am. I'm more revolted at this than I was about Hidden Valley Ranch flavored ice cream.
Sesame Workshop is going to make NFTs.
I don't have words for how disgusted I am. I'm more revolted at this than I was about Hidden Valley Ranch flavored ice cream.
Oh hey, a shill joined just to be as shill!
figmentPez
Staff member
‘Bored Apes’ investors sue Sotheby’s, Paris Hilton and others as NFT prices collapse
"A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the celebrity-endorsed collectibles.
"The four named plaintiffs in the class action lawsuit allege that the auction house 'misleadingly promoted' the NFTs and colluded with creator Yuga Labs to artificially inflate their prices."
"A group of investors is suing Sotheby’s Holdings Inc. and others over a 2021 auction and promotion of Bored Ape Yacht Club non-fungible tokens (NFTs) following a collapse in prices for the celebrity-endorsed collectibles.
"The four named plaintiffs in the class action lawsuit allege that the auction house 'misleadingly promoted' the NFTs and colluded with creator Yuga Labs to artificially inflate their prices."
figmentPez
Staff member
Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August
"Riot said on Wednesday that it earned $31.7 million in energy credits last month from Texas power grid operator ERCOT. The company generated the credits by voluntarily curtailing its energy consumption during a record-breaking heatwave.
"The total value of the credits dwarfed the 333 bitcoin the company mined in August, worth about $8.9 million dollars as of the end of the month."
Hey Texas, I'm deliberately not using your power, too. Please transfer a similar amount to my account, thanks.
figmentPez
Staff member
More people are becoming aware that crypto causes noise pollution:
In a rural Kentucky community, the roar of a suspected crypto ‘mine’ never ends
TL;DR Kentucky has been trying to lure cryptocurrency mining to the state with discounted electricity rates, supposedly because it creates jobs (but we all know some sort of bribery is more likely), and now residents are going to get screwed. First by the noise, then by rising energy costs, then by economic collapse when the scammers skip town.
In a rural Kentucky community, the roar of a suspected crypto ‘mine’ never ends
TL;DR Kentucky has been trying to lure cryptocurrency mining to the state with discounted electricity rates, supposedly because it creates jobs (but we all know some sort of bribery is more likely), and now residents are going to get screwed. First by the noise, then by rising energy costs, then by economic collapse when the scammers skip town.
figmentPez
Staff member
I don't think anyone in power actually believes that this created jobs in Kentucky. There is work to be done; someone's got to do the construction work, maintain the cooling systems, swap out parts when they fail, etc, but most of that is just people in existing jobs.
But "I brought $$$ of business to Kentucky with my fiscal policies" makes for good campaign fodder, even if none of that money generated tax revenue (and may have actually cost the taxpayers money when all incentives are considered), and most of that money went to people who don't even live in Kentucky.
figmentPez
Staff member
Bored Ape creator says UV lights at ApeFest burned attendees’ eyes and skin
Cryptobros at the event reported burning eyes, vision problems, and skin irritation. The groups behind the event investigated themselves and found that it was probably caused by UVA lights set up in one part of the event. However, we all know how good businesses are at investigating themselves, so there's still a strong chance some idiot used UVC lamps.
Cryptobros at the event reported burning eyes, vision problems, and skin irritation. The groups behind the event investigated themselves and found that it was probably caused by UVA lights set up in one part of the event. However, we all know how good businesses are at investigating themselves, so there's still a strong chance some idiot used UVC lamps.
That's old news. They probably used industry grad UV-C lamps. At least it wasn't acid from a sprinkler.
figmentPez
Staff member
Old news? The event was less than a month ago.
Perhaps you're thinking of a different event from six years ago?
I mean, Ohio State's graduating class this year has had a lot going on:
www.daytondailynews.com
--Patrick
Person dies after falling from OSU stands at graduation, university says
A person has died at the Ohio State University graduation ceremony on Sunday, May 5, 2024 after falling from the stands at Ohio Stadium, according to the university.
www.daytondailynews.com
