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Bitcoins! Cargo Cult Economy of the Future!
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Darqcyde



Joined: 11 Jul 2006
Posts: 10055
Location: A false vacuum abiding in ignorance.

PostPosted: Mon Feb 03, 2014 11:01 pm    Post subject: Reply with quote

stripeypants wrote:
I think people are actually using it? i saw a flyer the other day for a dogecoin mini-jobs website promising you could make real moneys.

I initially read 'moneys' as 'monkeys' . . . I was severely disappoint upon re-reading, although I suppose wither way it's still kinda true.
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mouse



Joined: 10 Jul 2006
Posts: 16633
Location: under the bed

PostPosted: Mon Feb 03, 2014 11:24 pm    Post subject: Reply with quote

yes. pictures of you in your cape.

they are SUPERMONEY!
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mouse



Joined: 10 Jul 2006
Posts: 16633
Location: under the bed

PostPosted: Mon Feb 03, 2014 11:25 pm    Post subject: Reply with quote

how did you sneak in there, darq?

but yes, something that let you make real monkeys would definitely be attractive.
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stripeypants



Joined: 24 Feb 2013
Posts: 2786
Location: Land of the Grumpuses

PostPosted: Tue Feb 04, 2014 2:37 am    Post subject: Reply with quote

Dogen wrote:
Do... do they have a picture of me on them?


They should.
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ShadowCell



Joined: 03 Aug 2008
Posts: 5895
Location: California

PostPosted: Tue Feb 04, 2014 2:39 am    Post subject: Reply with quote

wow

much dogen

so peer-reviewed

very science

amazing
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stripeypants



Joined: 24 Feb 2013
Posts: 2786
Location: Land of the Grumpuses

PostPosted: Tue Feb 04, 2014 10:11 pm    Post subject: Reply with quote

Apparently dogecoin is raising money for an organization that provides service dogs to kids - http://www.theverge.com/2014/2/4/5377984/dogecoin-community-raises-money-to-send-service-dogs-to-kids
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Arc Tempest



Joined: 28 Jan 2007
Posts: 4776
Location: Oregon

PostPosted: Fri Feb 14, 2014 5:43 pm    Post subject: Reply with quote

Another day, another hack/scam/thing. People affected encouraged to become vigilantes.
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Heretical Rants



Joined: 21 Jul 2009
Posts: 4491
Location: No.

PostPosted: Sat Feb 15, 2014 11:22 am    Post subject: Reply with quote

brb
converting all of my trivial internet spending budget to dogecoin
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Heretical Rants



Joined: 21 Jul 2009
Posts: 4491
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PostPosted: Sat Feb 15, 2014 11:39 am    Post subject: Reply with quote

I wonder where bitcoin would have gone if it was uncapped like dogecoin


the hoarding-investment aspect of it, the worst part in my opinion, wouldn't have happened, but without that potential would anyone have bought into it to begin with?
the libertarians with a burning hatred for inflation would have been less impressed, as well
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WheelsOfConfusion



Joined: 09 Jul 2006
Posts: 11871
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PostPosted: Tue Feb 25, 2014 5:29 am    Post subject: Reply with quote

Welp
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Sam



Joined: 09 Jul 2006
Posts: 9182

PostPosted: Wed Feb 26, 2014 2:13 am    Post subject: Reply with quote

yeah it's been pretty insane
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Thy Brilliance



Joined: 09 Jul 2006
Posts: 3440
Location: Relative

PostPosted: Wed Feb 26, 2014 4:16 am    Post subject: heheheheheheheh Reply with quote

Sure was a good thing to notice that when China started investing in other currencies to escape debt, shit would go down.
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Sam



Joined: 09 Jul 2006
Posts: 9182

PostPosted: Wed Feb 26, 2014 7:19 pm    Post subject: Reply with quote

The response to this latest disaster has at least convinced me that there will be enough deluded marks to offload coins on for a few months at dead least. Bitcoiners are fucking dumb, man.

but other than that I expect that this one's going to represent terminality.
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WheelsOfConfusion



Joined: 09 Jul 2006
Posts: 11871
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PostPosted: Wed Feb 26, 2014 7:33 pm    Post subject: Reply with quote

MtGox hasn't been the largest exchange for a while now, but it was pretty high-profile and will probably get people to reconsider going to the exchanges. I doubt it'll "kill" bitcoin off for good. What it might do is spark a little more government scrutiny over this whole "cryptocurrency" thing. MtGox itself is already under investigation from the Feds and Japan.
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Sam



Joined: 09 Jul 2006
Posts: 9182

PostPosted: Thu Feb 27, 2014 12:36 am    Post subject: Reply with quote

oh yeah no for sure this rollercoaster will just keep going and going. this incident alone really shows that there are so many gullible shits hooked to the bitcoin idea that you will see volatility in at least a few more cycles.

but I just think that by now we've seen the highest altitude of the rollercoaster, so to speak. the blockchain issue alone is getting too prevalent
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