61–70 of 255 posts
'Hacked' - or just stolen. Who could ever know in crypto-land? I am sure the ICO contract had something about lost coins in it as well.
If only the crypto-currency world had laws and the institution of justice...
For anyone wondering, 45k ETH is about 7.65M USD.
I wonder what happens if someone wants to liquidate this amount to USD immediately. Has ether got enough liquidity to handle it :)
Earlier quoted context omitted.
People lost like half a million dollars and a talented immoral person got a huge reward signal for basically being a predatory jerk. Although I can see the humor, it seems unreasonable to derive joy from such a thing.
s/People/Gamblers If you cannot afford losing everything you put into cryptocurrencies, don't do it.
It's fun at first, but then you start reading about the people (presumably with undiagnosed gambling addictions, but hey, I'm not a psychologist) who dump their entire savings, their kids' college funds, etc. into Bitcoin and then lose the whole shebang. That's the kind of decision that will break apart families.
Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?
Everyone in cryptocurrency seems to have forgotten that the adage "the devil you know vs. the devil you don't" was a recommendation to prefer the former .
Like any decent business thinker you don't see the rough edges of your focus. Sometimes when you do it can cripple you. But then again most business fail.
Edit: Looks like the title was updated. :)
Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?
Unless you live in Venezuela http://www.businessinsider.com/venezuela-hyperinflation-char...
Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?
Just to pick up on this one small point: as I understand it, the cashback you get with a credit card is more or less taken straight from the card processing fee charged to the vendor, which of course, raises prices overall and is therefore not really cashback at all. Without the fee, you would likely have just paid a lower price in the first place. The only party benefitting from the cashback scheme is, of course, th…
Don't all bitcoin transactions require a transaction fee in order to get processed these days?
Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?
Unless you live in Venezuela http://www.businessinsider.com/venezuela-hyperinflation-char...
Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?
Just to pick up on this one small point: as I understand it, the cashback you get with a credit card is more or less taken straight from the card processing fee charged to the vendor, which of course, raises prices overall and is therefore not really cashback at all. Without the fee, you would likely have just paid a lower price in the first place. The only party benefitting from the cashback scheme is, of course, th…
A credit card transaction costs me 2$ (which is used to provide me great service, including insurance against unauthorized use): Somehow this is a bad thing?