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Pineapple Fund: Donating $86M of Bitcoins to Charity

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81–90 of 227 posts

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#81
post #68
post #34

To the person running this, if you really want to remain anonymous, be careful not to write too much. You can be outed by textual stylometrics.

I’be been waiting for someone to do a cross analysis of HN comments to identify potential sock puppets.

I imagine the results would be just brutal, and no surprise to anyone.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#82

Earlier quoted context omitted.

That's always why I have a good laugh when someone comes out claiming to be Satoshi when they end their sentences with only a single space after a period. If you wanted to come out as Bitcoin's creator, you'd have used 2 spaces...

I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.

I didn't learn how to type on a typewriter, but it was still considered proper formatting to use two spaces after a period when I went to school, and I used two spaces after a period for a really long time on the internet. I finally got out of the habit awhile back.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#83

Earlier quoted context omitted.

I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.

I didn't learn how to type on a typewriter, but it was still considered proper formatting to use two spaces after a period when I went to school, and I used two spaces after a period for a really long time on the internet. I finally got out of the habit awhile back.

Likewise. Learned 'typing' in 2nd grade in '95 alongside logo programming.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#84

Earlier quoted context omitted.

A couple of the folks I know are just HODLing until BTC hits $150,000. Most of them bought Bitcoin when it was a couple of $, haven’t bought Bitcoin since and are just waiting it out to see what happens.

Why $150,000 exactly? Because of what the market cap will be then?

Yeah, more or less. Basically if Bitcoin is ever going to get to the same market cap of the stock market or the gold market, it's going to have to get up to a certain price, and there are quite a few people that are fairly confident it will get there. It's gone up well over 10x just this year alone, it's not too crazy to believe that it could go up another 10x in the next 1-5 years (I would have said 5-10 years six months ago).

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#85

An individual whose BTC holdings (that they are willing to give away) are worth almost 100 million. Mind blown...

Back in early 2011 when I started looking at Bitcoin, they were worth 0.70 each. I talked to people who had 100,000 BTC that they’d mined in the early days on their CPU. For kicks. Some of them are still holding it.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#86
post #80

Earlier quoted context omitted.

I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.

I was educated in the 90's and not on a typewriter. I use two spaces. There's likely more at play than just typewriter vs non-typewriter.

You only used one space in this comment ;)

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#87

Earlier quoted context omitted.

I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how to type. Disclosure : Am not satoshi.

I didn't learn how to type on a typewriter, but it was still considered proper formatting to use two spaces after a period when I went to school, and I used two spaces after a period for a really long time on the internet. I finally got out of the habit awhile back.

It's so ingrained for me I probably won't ever stop. Unless I'm on a phone that does automatic spacing. The fact that you stopped to me indicates you probably didn't do it that way for 20 years.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#88
post #80

Earlier quoted context omitted.

I was educated in the 90's and not on a typewriter. I use two spaces. There's likely more at play than just typewriter vs non-typewriter.

You only used one space in this comment ;)

Check the source.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#89
post #3

People spend their entire lives focused on wealth accumulation. Bitcoin has endowed many people with financial means in a way completely orthogonal to their day-to-day work. Say what you will about bubbles, but this "fund manager's" perspective is healthy check on reality.

While true, as someone with a number of friends just now "getting into" bitcoin, I find the zero sum aspect of it troubling. Assuming a crash/correction is coming, most of the wealth that accrued to the early adopters will be at the expense of these later, less-informed "investors" who bought in thinking it was a no fail quick buck.

Re: Pineapple Fund: Donating $86M of Bitcoins to Charity

#90

Earlier quoted context omitted.

Give me a fucking break. The "traditional financial world" processes tens if not hundreds of thousands of transactions per second worldwide. Bitcoin processes no more than 4 per second. On a per-transaction basis, you could be insane to argue that Bitcoin is anything other than an environmental disaster. Worse, Bitcoin's energy consumption scales based on the price of bitcoin, not on transaction volume. The more USD…

Supply and demand. If you want mining to reduce emissions, increase the cost of energy. Bitcoin will remain unaffected. Don't blame bitcoin because of the cost of energy. Blame the energy producers for selling it to miners at that price.

Why not blame both?
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