Re: RAYZER'S WET DREAM COME TRUE: BITCOIN CRASHES LOL

On 12/22/2017 06:48 PM, John Newman wrote:

On December 22, 2017 4:33:54 PM EST, grarpamp wrote:

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On Fri, Dec 22, 2017 at 2:56 AM, Gaycoin wrote:

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Coin went from ~20K to almost half it's value in a few days.

Normal, been there, done that... https://www.reddit.com/r/Bitcoin/comments/7leubr/fact_tonight_is_the_fifth_3... https://www.youtube.com/watch?v=-hlN2nel5HI

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1,000,000.00 100,000.00 10,000.00 <--- You are here

At least two more magnitudes remain to unlock.

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reddit.com/r/Bitcoin/comments/7leq7t/bought_at_19500_ama/

For posterity... https://www.reddit.com/r/Bitcoin/comments/7le7t9/bitcoin_today/ https://www.reddit.com/r/CryptoCurrency/comments/7lhgeq/waking_up_today_and_... https://www.reddit.com/r/Bitcoin/comments/7lg5dt/quick_grab_the_offer/ https://www.reddit.com/r/Bitcoin/comments/7lfm1b/so_the_10k_prediction_by_th... https://www.reddit.com/r/Bitcoin/comments/7lf70e/why_crypto_crashed_today/ https://www.reddit.com/r/Bitcoin/comments/7lhj3w/to_the_new_guys_lets_see_ho... https://www.reddit.com/r/Bitcoin/comments/7ler9l/number_of_hodlers_with_stro... https://www.reddit.com/r/CryptoCurrency/comments/7lefhw/current_state_of_the...

Whatever the new line of support ends up being, it'll be a hella strong launchpad to the next one.

Cryptocurrency is still early days, there are but three primary rules...

1) Stay agile 2) Buy dips 3) HODL... https://www.youtube.com/watch?v=90dQQYp2QWM https://www.youtube.com/results?search_query=crypto+hodl

and of course

4) Work on adoption while ignoring the markets https://www.youtube.com/watch?v=3lql_bwZoZs https://www.youtube.com/watch?v=y3cKBDBabtA

5) Spend and annoy a statist https://www.youtube.com/watch?v=TZ0XcvHgpTc https://www.youtube.com/watch?v=YdJGmOnTURc https://www.youtube.com/watch?v=woOodUglSrk or just live https://www.youtube.com/results?search_query=living+on+bitcoin

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Scumbags

Some say BTC is pretty scummy with crazy fees and all... https://www.reddit.com/r/btc/comments/7ld7vp/greg_maxwell_uncorks_the_champa...

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hemp

Aren't there already some drug coins? So buy some, smoke a lil, and dig the audiovisuals... https://www.youtube.com/results?search_query=marijuana+music https://www.youtube.com/results?search_query=psychedelic+music

In crypto we trust...

A brief point... The whole proof of work calculation that is done in the process of Bitcoin activity would be far more interesting if it did something useful. I suppose this is much easier said than done - how do you precisely quantify "useful work" (eg crunching data on the genome, on folding proteins, on SETI, etc)...

One way a friend and i thought of was to use bitcoin tech but make the coin far far more divisible - something like 10^10 or even more and have the blocks signed by some sort of mint. The "mint: could be SETI or genome projects or the like. The way we thought to get rid of the energy problem would be to only issue a very very small portion of the blockchain. The obvious problem is the centralization, though there could be many signers that could issue work-coins for worthy projects. Not sure if my understanding of the tech is right but it was something we thought a bit about.

Burning carbon to generate wattage simply for the purpose of proving work generating hashes, without doing anything useful, seems like an awful waste. We are baking the earth quickly enough, aren't we?

Are there are any digital currencies working in this direction? Is it even feasible?

I take only a mild interest in Bitcoin having sold (used, actually) a number of coins at $400-$600 a couple years ago and feeling foolish now, but I also recognize the environmental problem.

Cheers John