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User: Kaenneth

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Comments · 2,203

  1. Bitcoin up over 50% over the last month. on Bitcoin's Value Plummeted Overnight and No One Knows Why (slate.com) · · Score: 1

    *Yawn* this is just Bitcoin being Bitcoin.

    Buy what you can afford to lose (Slot Machine/Cigarette/Beer money); then don't look at it for at least a month.

  2. Re:Trump will face a grand jury on Bitcoin Jumps Another 10% in 24 Hours, Sets New Record at $19,000 (arstechnica.com) · · Score: 1

    Whoever mods this Offtopic is wrong.

    Trump being president is a big part of why Bitcoin is rising this year.

    Instability and uncertainty over possible war in Korea is driving people there to buy a currency that they'll be able to access if they have to suddenly flee the country.

    Eastern Europeans afraid of Russia now the the US has all but abandoned NATO.

    The US is losing it's global influence, so the Dollar is losing some of it's Store of Value ability.

  3. Liquid currency has a value; Bitcoins are cheaper to produce than the same value in US Pennys.

  4. Re:I have an idea. on Bitcoin Jumps Another 10% in 24 Hours, Sets New Record at $19,000 (arstechnica.com) · · Score: 1
  5. Re:A great gesture but a bad medium on An Anonymous Bitcoin Millionaire Is Donating Their Fortune To Charities (gizmodo.com) · · Score: 1

    19.3K USD

  6. Always money in the Banana Stand. on An Anonymous Bitcoin Millionaire Is Donating Their Fortune To Charities (gizmodo.com) · · Score: 1

    Really should have called it 'Banana Stand Fund'

  7. Re:How about helping declare a city homeless free. on An Anonymous Bitcoin Millionaire Is Donating Their Fortune To Charities (gizmodo.com) · · Score: 3, Interesting

    I have, and he's correct.

    Free housing is available if you just don't smoke or drink on the premises. I have a friend who sleeps on the street because he'd rather smoke than have shelter.

  8. they are raising awareness that BTC has real value.

  9. Re:Future issues? Scalability? on Launch of Bitcoin Futures Trading Crashes CBOE Site (thestreet.com) · · Score: 1

    A node can run with only recent blocks, as long as the other data is available on the network.
    If could be made prunable; just copy the oldest blocks worth of unchanged balances into the top blocks, then you can discard the oldest blocks.

    Or even a Distributed Hash Table system to store older blocks.

  10. Re:Future issues? Scalability? on Launch of Bitcoin Futures Trading Crashes CBOE Site (thestreet.com) · · Score: 1

    I'm hopeful that Futures moves large speculative transactions off-chain, and Lightning network moves small ones off chain, so that the number of on-chain transactions will significantly decrease, relative to the use of BTC as and investment/currency. Eventually the main chain will just be used for large settlement transactions.

  11. Re:Bitcoin futures? LOL on Launch of Bitcoin Futures Trading Crashes CBOE Site (thestreet.com) · · Score: 2

    https://twitter.com/BitmexRekt...

    The fools who shorted are already getting squeezed, and losing their money.

  12. Re:So... on Bitcoin Nears $17,000 After Climbing About $4,000 in Less Than a Day · · Score: 1
  13. Tulip Bubbles, Mermaids and Unicorns on Bitcoin Nears $17,000 After Climbing About $4,000 in Less Than a Day · · Score: 1

    https://www.smithsonianmag.com...

    The main argument against is __something that didn't happen in reality__

  14. It sounds like Amazon is abusing their dominant market position in one market to lock out competitors in another.

    Blocking Youtube is the nice way, complaints to EU/US government would cost Amazon a LOT more.

  15. If you don't scan everything in color, you won't know if color information is lost.

    A black and white picture of a Panda might be fine, but you might end up not seeing the red blood in it's fur.

  16. Worth the sacrifice? on Massive Financial Aid Data Breach Proves Stanford Lied For Years To MBAs (poetsandquants.com) · · Score: 4, Insightful

    Interesting, but good luck ever getting a job as a known leaker.

  17. Re:Did the right thing... on An Unconscious Patient With a 'DO NOT RESUSCITATE' Tattoo (nejm.org) · · Score: 2

    Hmmm, I am a Notary with access to a laser engraver to make notary seals...

  18. Re:I WANT OUT! on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    A dog having 10 puppies is a lot of dogs; but when those puppies each have 10 puppies...

  19. The vikings start chanting in the background. on New Study Finds That Most Redditors Don't Actually Read the Articles They Vote On (vice.com) · · Score: 1

    Click-bait headlines, obvious spam, incomprehensible headlines, headlines that violate sub formatting rules, headlines that are already on the front page, headlines with spoilers...

    Those are the majority of my post downvotes on reddit.

  20. Re:What the fuck? on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    The source is a decentralized global network, if you can't figure out how to access it, WTF are you doing on /.?

  21. Re:I WANT OUT! on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    Yeah, there is room to grow, but 1000% a year is not gonna happen forever.

  22. Re:I WANT OUT! on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    Sell them tomorrow for a profit; It'll be over $12k before the end of the week

  23. Re:When it takes 7 or more minutes to confirm txns on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    minus the banks.

    which is a big plus.

  24. Re:It's Almost Like Some Kinf of Mania on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    Which never happened: https://www.smithsonianmag.com...

    Gonna have to do better than fictional examples.

  25. Re:good luck trying to cash out that high number i on Bitcoin Tumbles From Record High After Exchanges Confirm Outage · · Score: 1

    Who is 'They'?