This is an archive of the mabination.com forums which were active from 2010 to 2018. You can not register, post or otherwise interact with the site other than browsing the content for historical purposes. The content is provided as-is, from the moment of the last backup taken of the database in 2019. Image and video embeds are disabled on purpose and represented textually since most of those links are dead.
To view other archive projects go to
https://archives.mabination.com
-
Ashikoki wrote on 2013-12-18 21:01
[video=youtube;xcaltexImW0]http://www.youtube.com/watch?v=xcaltexImW0[/video]
Never more relevant than
now.
Edit: Wow.
[Image: http://i.minus.com/ib3kl3Cf6dFpv.png]
-
Yoorah wrote on 2013-12-18 22:53
BTC price crashed by half, going from roughly $1k to $500 in the course of a week. lawl
I've heard people have been giving away Dogecoins on 4chan.
-
Ashikoki wrote on 2013-12-18 23:05
Quote from Yoorah;1179670:
BTC price crashed by half, going from roughly $1k to $500 in the course of a day. lawl
ftfy
Dogecoins are the safer better option, obviously.
-
Cucurbita wrote on 2013-12-18 23:38
Holy shit i thought this was a joke but I just checked and it's value is TO THE MOON
[Image: http://puu.sh/5R7iR/9e81be1c35.png]
Fuck frying my gpu, I'm gonna mine this living hell out of this thing right now.
The video doesn't lie! I'm going to be rich!
-
Yoorah wrote on 2013-12-19 00:34
Oh, whoops! I guess I was looking at the wrong chart.
Either way, the whole investment craze has been stupid from the start. The hackers were manipulating the market, and now it's the Chinese government. The only people who've really profited from this are the miner equipment manufacturers and the few lucky people who bought BTC when they were cheap and unpopular as an experiment or a joke.
Fun fact: It wasn't too long ago that BTC crashed to a point where each was valued at just 1 cent. Maybe I'll buy some for the lulz if the value keeps going down.
-
Ashikoki wrote on 2013-12-19 00:58
Quote from Yoorah;1179718:
Fun fact: It wasn't too long ago that BTC crashed to a point where each was valued at just 1 cent. Maybe I'll buy some for the lulz if the value keeps going down.
It really is no different from any other stock or commodity, except the fluctuation of its value is much more volatile. The bubble and crash occurs every few months, but overall it is relatively safe to work with. Especially when you jump in while cheap.
But at the same time, this level of volatility makes it hard to put any real faith in to. Play with it for fun, see if you can net a small profit, but never put in any more than you're willing to lose.
Bitcoins will either continue being a toy currency or turn really big. Either way, it's no fun just watching.
-
Yoorah wrote on 2013-12-19 02:23
Except the volatility of investments is one of the key differentiators between them. :P
And of course it's okay to mess around with them when they're cheap. My issue was with the hype when they were above $1k USD (or hell, even below that). It's would be ridiculous to assume that the value of some virtual data backed by nothing other than investor hype would continue to soar in value so fast.
I do think that Bitcoin will get big eventually, as a way to transfer funds. Using it for serious investment, at this point, is silly. Even more so if your entire investment portfolio consists of these (which I suspect is the case with a large number of people who are into this thing).
-
Hanna wrote on 2013-12-19 02:44
I don't get it what's btc
-
Tropa wrote on 2013-12-19 02:52
wow
much mone
such rich
-
Osayidan wrote on 2013-12-19 03:16
isn't the value going back up? A friend of mine got some "free" bitcoins from mining back when they were nothing and has been following it for a while now. He says they dropped hard and fast because of china but now it's climbing back up. I don't know if there's any reliable bitcoin "stock" tickers though to know what the current real value is.
-
Space Pirate Nithiel wrote on 2013-12-19 03:21
How the hell do you actually turn these things into money?
-
Natural Harmonia Gropius wrote on 2013-12-19 03:35
Quote from Space Pirate Nithiel;1179784:
How the hell do you actually turn these things into money?
The magic of internet.
-
Yoorah wrote on 2013-12-19 03:36
Quote from Osayidan;1179783:
isn't the value going back up? A friend of mine got some "free" bitcoins from mining back when they were nothing and has been following it for a while now. He says they dropped hard and fast because of china but now it's climbing back up. I don't know if there's any reliable bitcoin "stock" tickers though to know what the current real value is.
It started to go up, then it went back down.
[Image: http://i.imgur.com/4dhPH4r.png]
Exchanges provide decent info on their own transactions. I'm sure there's better data aggregators out there, too.
-
Ashikoki wrote on 2013-12-19 04:11
Quote from Hanna;1179763:
I don't get it what's btc
dogecoins are better anyways, no need to know
btc ancient relic, shibe shinies better invest now
wow much rich
-
Second wrote on 2013-12-19 06:39
Quote from Osayidan;1179783:
isn't the value going back up? A friend of mine got some "free" bitcoins from mining back when they were nothing and has been following it for a while now. He says they dropped hard and fast because of china but now it's climbing back up. I don't know if there's any reliable bitcoin "stock" tickers though to know what the current real value is.
I use
Ounce.me
Litecoins also dropped 50%.