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BigTom
Well-Known Member
Then they didn't cost you any money at all. You had a fictional value you decided something was worth but you never had that money and that fiction was simply you over valuing the assets you have.I still made the right decision. I made a lot of money.
I won't say how much, because that would be crass.
It's just that they cost me a lot of money as well.
And yes, i see all speculators as parasites on a productive system that add no value and simply increase the costs of things usually by being those middlemen you claim to hate so much.
BigTom
Well-Known Member
I thought that was going to come out when they declared there was definitely a law which allowed you to not pay taxes if you declare then to be unjust.We’re hurtling towards freeman on the land territory here, aren’t we?
No. Yacht owners don't have a victim mentality.We’re hurtling towards freeman on the land territory here, aren’t we?
mojo pixy
...שלא נמצא בשמאל
We've always been right next to that territory in this discussion, it's that exact same petulant bourgeois individualism. Any discussion of crypto brings it out in the end.We’re hurtling towards freeman on the land territory here, aren’t we?
Yacht owners lol
But if you think crypto is non essential and useless, then where's the harm?
You can't have it both ways.
Besides, traders make markets much more efficient.
So. To recap. At some point, the FCA did their job and the result was that this fellow was unable to perform some kind of nameless dubious trade. So now he blames regulators for his ills and impotently rages against the system that he thinks impoverished him. Meanwhile, the rest of us just think it’s good that the regulation exists to protect the average person.
barrycrews
New Member
i was in crypto early in 2015 but i think now its best to just stick with your standard stocks and index funds
BigTom
Well-Known Member
Will This Be the First Country Bankrupted by Crypto?
It’s been a year since El Salvador adopted bitcoin as currency — things are not going well
www.rollingstone.com
Rolling Stone article from last week about El Salvador
BigTom
Well-Known Member
For a speculator to make money, someone else has to lose it, that's the harm.
They don't add anything of value to the world, just take value from someone else.
And since most crypto is still PoW, you are harming both the environment and in localised instances anyone else who wants to use the electricity for things that matter but can't because it's being used to mine crypto instead / crypto mining is causing grid issues.
Monkeygrinder's Organ
Dodgy geezer swilling vapid lager
1 FOTLer point if it's parking fines, 2 if it's refusing to pay child support.
beesonthewhatnow
going deaf for a living
Good grief.
I'm preventing from buying any new crypto related ETNs or ETFs.
There is nothing dubious about buying or selling bitcoin or ethereum.
The system hasn't impoverished me, I'm all right, I'm doing very well for myself.
If it's one thing that enrages the chattering classes of London, is a working class lad not being a victim.
The regulator doesn't protect the average person, stop lying, it's awfully rude.
You know full true well that the regulator looks after the people who pay their wages - FCA members. Fucking banks and other conventional financial institutions, full of university educated filth.
beesonthewhatnow
going deaf for a living
OK, you have to be a troll at this point.
I can't remember the last time I read something so fucking stupid as this. You really, really are the thickest idiot I've come across online in living memory.
Fred buys 10 ETH for £25.
He sells it to me for over times as much for £600
I sell, it for 11 times as much.
How has Fred lost me money by speculating?
The only people who lose money by speculating are those who sell for lower than they bought. Until then, gains and losses are on paper only.
People can use energy for whatever they want. You are not the final arbiter of what people can and can't do, so can sit there and simmer, because the authoratarian dictatorship you dream of, is never going to happen and even if it did, they'd put a bullet in the back of your head because they'd have no further use for thick idiots such as yourself.
Global warming is real, the con is that it can be solved for a few million quid, but why do that when you can make loads of money and expliot people by taking full spectrum control of their lives?
I know you have a good old wank at the thought of people being banned from owning cars and doing what they want with their own house hold appliances, but it's not going to happen. Pack in your dreams of global conquest, it aint going to happen.
Who cares if you think it's going to be algorithmic hell? Who the fuck would you ever reason with? We're doing it because we can as far as you're concerned.
beesonthewhatnow
going deaf for a living
Utterly fucking mental.
Storm Fox
Trying the find the next noun to verb
I think it's amazing to think it is possible to write a Smart Contract in 20 lines of code.
I have looked at some pages of on writing Smart Contract and it is possible to write a basic Smart Contract in 20, but all you can do is blindly Transfer Cryto from the wallet that opens it to your wallet.
So I guess if you can airdrop into a few 100 of the poor Crypto fans wallets I guess a good number of the saps will open it.
I have looked at some pages of on writing Smart Contract and it is possible to write a basic Smart Contract in 20, but all you can do is blindly Transfer Cryto from the wallet that opens it to your wallet.
So I guess if you can airdrop into a few 100 of the poor Crypto fans wallets I guess a good number of the saps will open it.
Code:
pragma solidity >=0.8.4;
contract MyCoin {
mapping (address => uint) balances;
event Transfer(address indexed _from, address indexed _to, uint256 _value);
constructor() {
balances[tx.origin] = 10000;
}
function sendCoin(address receiver, uint amount) public returns(bool success) {
if (balances[msg.sender] < amount) return false;
balances[msg.sender] -= amount;
balances[receiver] += amount;
emit Transfer(msg.sender, receiver, amount);
return true; }
function getBalance(address addr) public view returns(uint) {
return balances[addr];
}
}mojo pixy
...שלא נמצא בשמאל
/snip/
This is really vile stuff, you know?
IMO you should go for a walk, look at the stars and get some perspective.
Lol. I am actually out for a walk.
Someone implied that I'm a kiddy fiddling coke head. Where was you then?
moochedit
I'm not feeding seagulls
Are you still "in" crypto? Got any hot share tips for us?
This isn't a place for people to shiill financial instruments, if it were there would be a dedicated section for it.Are you still "in" crypto? Got any hot share tips for us?
This is a bitcoin thread. I have an opinion for it really is, along with smart contract blockchains like ethereum.
I've got all the time on the world to talk about the myriad of uses and how it actually stops fraud, but I really don't want to talk about the prices unless giving examples (up or down) when talking about the schematics of it all.
mojo pixy
...שלא נמצא בשמאל
Oh yeah sorry I have skipped bits recently. Still 'implied I was a cokehead' is a bit milder than a lot of what I quoted by you. So whataboutery aside, please chill the fuck out.
Storm Fox
Trying the find the next noun to verb
This is a good example of what a lot of BS Web3 is.
So the DAO doesn't work as no one came up with the contingency of the leader going to jail for North Korean sanctions busting.
Oh and their leader is in Jail for sanctions-busting.
From Web3 Domain Name Service Could Lose Its Web Address Because Programmer Who Can Renew It Sits in Jail
So the DAO doesn't work as no one came up with the contingency of the leader going to jail for North Korean sanctions busting.
Oh and their leader is in Jail for sanctions-busting.
It was a bit more than that, but point taken.
- This doesn't break anything as ENS uses .eth not .link - .link is just a redirector for web browsers that don't support .eth
- A DAO is a smart contract that exists on the blockchain. Once on the blockchain, it runs forever and websites being down, doesn't break a DAO.
- The web3 websites are just front ends to smartcontract and regardless, blockchain front end explorers such as etherscan exposes smart contract functions for the public to interact with. So if I knew that a web3 website is down, I could interact with the smartcontract / DAO by visiting etherscan.io
- Web3 doesn't even care about domains.
- Most DAOs just use conventional tlds (.com, .net .io etc) and they leave people to take whatever precautions they want - it's easy to copy the frontend of a web3 website, not that normal users have to.
Of course normal users don't know all of that, but when any web3 project becomes popular, people run backup mirrors just on case the original site goes down or the original project is leaned on authorities to change ther front end website that runs the web3 dapp.
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