Let's back up 100 years or so. India decides electricity is too dangerous and powerful and expensive and just a bad idea. They ban electricity. Great, nobody getting electrocuted and they save money on infrastructure. Yay! Fast forward 100 years and their country would be a joke, left behind by all other countries and they'd basically be bankrupt for not adopting the latest and greatest in superior technology. Let's imagine the same with computers. Computers are capable of letting people commit crimes so let's ban them. Where would that land for 50 years later? Plugging your ears and pretending that bitcoins don't exist while not letting your population use them is not an effective long term strategy to compete on a global scale.
Rubber bullets rarely break windows. Also, this is California we're talking about. I think rubber bullets are illegal even in Wisconsin where I live. Also, they're not called rubber bullets, they're rubber shot because they go in shot cups inside shot shells inside shotguns. You know what's easy to get in CA? BB guns and slingshots. Let's be real, here, people. I mean they're just making things up. It could have been bigfoot, or particle accelerators, or ultra high energy cosmic rays.
Do you think if I started a Kickstarter campaign to sponsor his live stream with a mental health "get help" campaign that I could hit a million dollars in 24 hours?
South Koreans have to own less than 1% of actively traded and cold wallet bitcoins. So if they all were legally obligated to sell them off at the same time within 24 hours, it wouldn't tank the price this hard even. So really it's just stupid people overreacting while I'm sitting here re-buying at $11,000.
A glitch in the trading verification system I assume. I mean when you buy and sell BTC for USD they aren't actually entering entries into the blockchain because it'd flood it. It's more like an online banking system so all you need to do is convince it to say you own them and it just goes with it.
So they said "in which approximately 600,000 bitcoins (BTC) valued at $188 million were fraudulently acquired." and the article explains "The manipulation happened primarily via two bots, Markus and Willy, that seemed to be performing valid trades but did not actually own the bitcoin they were using." If you own BTC, all you can do is sell it. So someone who owns or controls a bunch of bitcoins can only drive down the price. Someone who owns a ton of USD can make the price go up. So at a fundamental level this article makes no sense. Now registering trades for currency they didn't actually own through some kind of security vulnerability makes sense because the exchange would register that the trade happened without verifying fund ownership change, which absolutely would drive up the price. So maybe they're saying that happened instead?
There's almost too much incorrect information in that summary to even address. Nobody cares about bitcoins. The alternate and better cryptos have a higher combined market value by far and aren't owned by 4% of wallets. The big exchanges have been around for years, it's easier to send crypto around the world than cash which is exactly the point, crypto cannot crash below the cost of hardware+electricity for long without rebounding, it has an upwards trend because of reward splitting schedules, and I demonstrated for 3 people today that I can convert BTC from a wallet to USD in a bank account in 100 seconds. So Warren is clueless and fed wrong information not to mention projecting what he wished was true into what's actually true.
You take a look at my electric bill and call it free money. Anyway, I have accounts at Poloniex and Coinbase and Bittrex and local wallets because I'm not exactly new to this.
Recently the third party that does domestic wire transfers to a bank account made a mistake communicating with Kraken's systems and they paid me around $400 twice. I told them about it and offered to reimburse them but their support staff never got back to me about how to do so and basically just locked one of my latest deposits and most of my accounts. I even offered to straight up paypal them the funds to get my account unlocked. No response. So if this happened on a larger scale to more people, they just lost A LOT of money. Btw wire transfers are expensive at most banks so just use Coinbase, they do it as a free direct deposit. Oh and also their system actually works.
Okay, then give me a 10% refund on your defective product because this isn't what I paid for. I literally JUST GOT my Nvidia compensation check for their single lane 512MB block of GDDR5 that they pretended had full speed access.
Last I heard, Circuit City as a brand/company is owned by the Systemax Group which includes Infotel and Tiger Direct. So either they sold it off or this is a Tiger Direct Walmart basically.
They're probably 1% of all Cryptocurrency transactions. Everyone hears about the ban. Crypto loses like 10% of its value as a whole. Now that's logic, everyone. Literally everyone who owns a currency in Korea could dump it into the market in a sell order overnight and it wouldn't have lost this much value. This is what happens when stupid day trader wannabes pat themselves on the back for being mister big smart investor and reacting appropriately to news.
The sell-off that will result is not going to be pretty but after that, good riddance so the worst thing to happen to BTC ever: Chinese miners. They lied about ASIC production numbers, backed out on deals to sell them, and basically took over the entire network through lies and fraud. Nobody in the community will miss them.
I've been into the bitcoin community since around 2010 so let me just be the first to say, yes, this is a crackdown on crypto and other alternative payment systems that are superior to Visa in every way. That's the same reason paypal business debit cards are magically getting declined on Coinbase.
Go try and buy a lot of solid state drives on Alibaba and tell me Chinese don't fake things and sell counterfeits. Come back and join us in the real world then where they're all liars and scammers.
2400 MHz DDR4? All the 8th edition CPUs I've seen have 2666 native memory controllers. Why the downclock if they're going for high speed graphics access to the system's RAM? In fact, the 3rd gen Kaveri APUs from AMD had 2400MHz DDR3 native or something like that, which blows away DDR4 considering the CAS latency.
I have an idea, Intel. Stop putting stupid shit INSIDE the chips. I don't need ME, I don't need whatever the hell this "feature" was, I just need it to do math and optimize stuff like multi-thread resource sharing. If you want to do some dumb shit, PUT IT IN THE CHIPSET.
What the actual hell was Spotify thinking? Just use it without permission and settle the lawsuit later? Was it a technical error where they thought they had the license? Did someone misrepresent ownership of it? There has to be another side of this other than they downloaded a high bitrate copy off the pirate bay and then streamed it knowingly illegally.
Slashdot Mirror
Let's back up 100 years or so. India decides electricity is too dangerous and powerful and expensive and just a bad idea. They ban electricity. Great, nobody getting electrocuted and they save money on infrastructure. Yay! Fast forward 100 years and their country would be a joke, left behind by all other countries and they'd basically be bankrupt for not adopting the latest and greatest in superior technology. Let's imagine the same with computers. Computers are capable of letting people commit crimes so let's ban them. Where would that land for 50 years later? Plugging your ears and pretending that bitcoins don't exist while not letting your population use them is not an effective long term strategy to compete on a global scale.
That's the biggest news since it was translated completely a year ago! Wow!
Rubber bullets rarely break windows. Also, this is California we're talking about. I think rubber bullets are illegal even in Wisconsin where I live. Also, they're not called rubber bullets, they're rubber shot because they go in shot cups inside shot shells inside shotguns. You know what's easy to get in CA? BB guns and slingshots. Let's be real, here, people. I mean they're just making things up. It could have been bigfoot, or particle accelerators, or ultra high energy cosmic rays.
Do you think if I started a Kickstarter campaign to sponsor his live stream with a mental health "get help" campaign that I could hit a million dollars in 24 hours?
Stop putting stupid bullshit on the chip like powered-off remote controls and speculative energy-wasting and just make them do math.
South Koreans have to own less than 1% of actively traded and cold wallet bitcoins. So if they all were legally obligated to sell them off at the same time within 24 hours, it wouldn't tank the price this hard even. So really it's just stupid people overreacting while I'm sitting here re-buying at $11,000.
A glitch in the trading verification system I assume. I mean when you buy and sell BTC for USD they aren't actually entering entries into the blockchain because it'd flood it. It's more like an online banking system so all you need to do is convince it to say you own them and it just goes with it.
"A limited number of employees have access to such information, for legitimate work purposes."
They employ Anita Sarkeesian, no I am not joking.
So they said "in which approximately 600,000 bitcoins (BTC) valued at $188 million were fraudulently acquired." and the article explains "The manipulation happened primarily via two bots, Markus and Willy, that seemed to be performing valid trades but did not actually own the bitcoin they were using." If you own BTC, all you can do is sell it. So someone who owns or controls a bunch of bitcoins can only drive down the price. Someone who owns a ton of USD can make the price go up. So at a fundamental level this article makes no sense. Now registering trades for currency they didn't actually own through some kind of security vulnerability makes sense because the exchange would register that the trade happened without verifying fund ownership change, which absolutely would drive up the price. So maybe they're saying that happened instead?
The title says it all. My Siacoins are in my local wallet and it's like 4GB of data to hold the entire blockchain. Stop being lazy, people!
There's almost too much incorrect information in that summary to even address. Nobody cares about bitcoins. The alternate and better cryptos have a higher combined market value by far and aren't owned by 4% of wallets. The big exchanges have been around for years, it's easier to send crypto around the world than cash which is exactly the point, crypto cannot crash below the cost of hardware+electricity for long without rebounding, it has an upwards trend because of reward splitting schedules, and I demonstrated for 3 people today that I can convert BTC from a wallet to USD in a bank account in 100 seconds. So Warren is clueless and fed wrong information not to mention projecting what he wished was true into what's actually true.
Can you say self presentation bias?
You take a look at my electric bill and call it free money. Anyway, I have accounts at Poloniex and Coinbase and Bittrex and local wallets because I'm not exactly new to this.
Recently the third party that does domestic wire transfers to a bank account made a mistake communicating with Kraken's systems and they paid me around $400 twice. I told them about it and offered to reimburse them but their support staff never got back to me about how to do so and basically just locked one of my latest deposits and most of my accounts. I even offered to straight up paypal them the funds to get my account unlocked. No response. So if this happened on a larger scale to more people, they just lost A LOT of money. Btw wire transfers are expensive at most banks so just use Coinbase, they do it as a free direct deposit. Oh and also their system actually works.
Okay, then give me a 10% refund on your defective product because this isn't what I paid for. I literally JUST GOT my Nvidia compensation check for their single lane 512MB block of GDDR5 that they pretended had full speed access.
Last I heard, Circuit City as a brand/company is owned by the Systemax Group which includes Infotel and Tiger Direct. So either they sold it off or this is a Tiger Direct Walmart basically.
They're probably 1% of all Cryptocurrency transactions. Everyone hears about the ban. Crypto loses like 10% of its value as a whole. Now that's logic, everyone. Literally everyone who owns a currency in Korea could dump it into the market in a sell order overnight and it wouldn't have lost this much value. This is what happens when stupid day trader wannabes pat themselves on the back for being mister big smart investor and reacting appropriately to news.
Joke's on you all. I'm allergic to Ibuprofen. Take that.
They should call it the Big Brother Secret Eye AI mega ad-bot 9000.
The sell-off that will result is not going to be pretty but after that, good riddance so the worst thing to happen to BTC ever: Chinese miners. They lied about ASIC production numbers, backed out on deals to sell them, and basically took over the entire network through lies and fraud. Nobody in the community will miss them.
I've been into the bitcoin community since around 2010 so let me just be the first to say, yes, this is a crackdown on crypto and other alternative payment systems that are superior to Visa in every way. That's the same reason paypal business debit cards are magically getting declined on Coinbase.
Go try and buy a lot of solid state drives on Alibaba and tell me Chinese don't fake things and sell counterfeits. Come back and join us in the real world then where they're all liars and scammers.
2400 MHz DDR4? All the 8th edition CPUs I've seen have 2666 native memory controllers. Why the downclock if they're going for high speed graphics access to the system's RAM? In fact, the 3rd gen Kaveri APUs from AMD had 2400MHz DDR3 native or something like that, which blows away DDR4 considering the CAS latency.
I have an idea, Intel. Stop putting stupid shit INSIDE the chips. I don't need ME, I don't need whatever the hell this "feature" was, I just need it to do math and optimize stuff like multi-thread resource sharing. If you want to do some dumb shit, PUT IT IN THE CHIPSET.
What the actual hell was Spotify thinking? Just use it without permission and settle the lawsuit later? Was it a technical error where they thought they had the license? Did someone misrepresent ownership of it? There has to be another side of this other than they downloaded a high bitrate copy off the pirate bay and then streamed it knowingly illegally.