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top_kek_top commented on a post in r/Buttcoin
james_pic 37 points

EOS has "free transactions".

To prevent spam, you have to "stake" EOS for a few days, and the more EOS you stake, the more transactions you can make. At the moment, someone's staked a shitload of EOS, so they can spam the network, which means you need to stake a signifcant fraction of that to send any transactions at all.

The consensus, as you can imagine, is "This is good for EOS". There are loads of posts celebrating how many (spam) transactions the network can manage, whilst no-one can afford any actual transactions, even the transactions needed to unstake the EOS so they can sell it.

top_kek_top 3 points

Wait, so you buy the coin, then stake the coin to transact the coin?

top_kek_top 5 points

Just forces everyone to be a strong hand. I don't see a problem.

Jesus christ, fucking really? Some dude is actually defending them, saying that it's a mechanism to force you to hold.

I can't even...somebody please help me right now...I just can't...

top_kek_top commented on a post in r/eos
6
gravytraderextreme01 2 points

Just forces everyone to be a strong hand. I don't see a problem.

top_kek_top 5 points

HAHAHAHAHAHAHAH

Jesus christ, this is, I don't even know how to put this shit into words. This guy literally thinking that a group of devs denying your ability to sell and cash out your investment as it crashes to the fucking floor is somehow good...jesus.

top_kek_top commented on a post in r/CryptoCurrency
74
algar32 15 points

Because people on this sub and most crypto subs aren't very smart. Even general shitcoins won't die. If BTC recovers, they'll be back and in greater numbers.

top_kek_top 1 point

delusion at it's finest

top_kek_top 2 points

We know that blockchain IS the future,

No we fucking don't. It's literally a data structure, a slow and in-efficient append only database.

top_kek_top commented on a post in r/CryptoCurrency
ginger_beer_m 8 points

Why not

top_kek_top -3 points
  1. Because a company could be sold for that number, but all the coins could not - it would crash the price to zero.

  2. New coins are created all the time, increasing the market cap. New shares of a company are not issued all the time.

top_kek_top 3 points

hink forward 5 years. Do you think crypto will be the same price or lower than it is today? If so what are you doing here? Sell your crypto and move on with your life.

Sorry this isn't the echo chamber that is /r/bitcoin where you get banned for posting anything other than hodl onto your 80%+ losses, you can have actual discussions and criticisms here.

top_kek_top commented on a post in r/CryptoCurrency
top_kek_top 22 points

Because this shit isn't stocks, it's all speculative shit that traditional valuation tools have no business being in because these things are backed by nothing, so there's not even a ballpart value that would be appropriate.

aelaos1 1 point

they are backed by innovation. you know. tech.

top_kek_top 2 points

except the tech can succeed and your shitcoin can go to 0, because by owning coins you don't own a piece of a that tech. blockchain is a data structure. nobody owns a piece of a linked list.

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top_kek_top commented on a post in r/Futurology
top_kek_top 1 point

So what if you're part of a team managing something that customers access at non-working hours, does your company just say fuck their money, lets wait till the next day to fix it?

top_kek_top commented on a post in r/CryptoCurrency
top_kek_top 39 points

haha guys

price drops

I'm really having

price drops more

such a great

sells car

time at my

2nd mortgage on home

new job, I totally

uber as second job

don't care about

bank forecloses

the price at all!

top_kek_top commented on a post in r/CryptoCurrency
PhillyCrypto 3 points

The problem is regular people fail to see that, globally, they contribute tens of billions of dollars to this market collectively. Now that collective that was trading all last year, buying what they liked and believed in, are sitting on the sidelines waiting for accumulation and volume to come from thin air, since they don't want to be in the market.

top_kek_top 0 points

The problem is regular people fail to see that, globally, they contribute tens of billions of dollars to this market collectively.

So basically you want a ponzi scheme...

lenojohn 23 points

Agree... so many people cry about their losses in the last few weeks

When ETH went up few hundred % in few months no one complained.

top_kek_top 10 points

Woah, so you're telling me, people complain when they lose money, but don't complain when they make money?

ajanty 2 points

I'd exclude opsworks\chef, no one I know uses that. Basically you must have strong networking knowledge and understanding how IAM works. With these two you can tie any AWS service.

top_kek_top 1 point

Isn't much of the network knowledge abstracted thanks to the VPC? I mean I've configured firewalls/switches before and not really having to worry about that in AWS seems like a great benefit.

BobClanRoberts 2 points

I would include a thorough understanding of S3, EC2, SNS, and Lambda (is quite effective as serving as glue to stick different services together) should be on that list as well.

top_kek_top 1 point

Thanks for the input on lambda, but yeah S3/EC2 were very thoroughly covered in the course which is why I didn't include them.

Any thoughts on cloudformation? I've seen it as a req. in a few job apps, and it seems too powerful to not be of use.

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top_kek_top commented on a post in r/CryptoCurrency
270
LtSurgeRaichu 8 points

Bet if you were given a computer in the 70s you would have considered it useless too. Many did. Crypto technology is "literal life changing technology" and if you cant see that already, I am not getting into an argument here, you probably could do more research.

top_kek_top -10 points

Except it's not at all, 99% of these will fail. In the future, we will probably see a good use case, but not yet, not with all of them based on an inefficient, unregulated, niche-usage database.

LtSurgeRaichu 4 points

99% of these will fail

Show me the research you conducted to arrive at this conclusion. Other wise its just your opinion, and with all due respect opinions are like assholes everyone got them and they all stink.

we will probably see a good use case

Imo the only real use case is currency, Im not much interested in all the other dime a dozen tokens and platforms, but cryptocurrency is when used as money, it breaks the entire fabric of the centralised capitalist economy in more than subtle ways

top_kek_top -3 points

Show me the research you conducted to arrive at this conclusion.

Go take a look at all the coins that are down 90+%. ICO's were a mistake and a scam from the beginning, too bad crypto morons had to give some chinaman with a fancy website their life savings.

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top_kek_top commented on a post in r/CryptoCurrency
Phucknhell 1 point

Some people here remember the first time their initial crypto investment turned to shit. now it's the current wave's turn. I'll wait patiently for the next run.

top_kek_top 2 points

Because a bull run is guaranteed, the market moves strictly based on magical bull runs, yep.

top_kek_top 3 points

Smart Contracts a niche-use meme at this point, stop believing in fucking buzzwords.

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top_kek_top commented on a post in r/CryptoCurrency
blyakk 1 point

it means if you see the bitcoin in your wallet it will never be reversed that is the point, you don't have to question the money and let it sit two weeks

top_kek_top -2 points

I can send my friend in italy 10k in venmo right now and he'll have access to it.

blyakk 1 point

Maybe there are some international exceptions. Bitcoin has no country off limits though, you can send to any country and it won't get reversed. Nothing else can do that.

top_kek_top -1 points

So the only reason it's valuable is because you can send it anywhere? You know you can send anything that's digital pretty much anywhere nowadays.

In terms of money, people want regulation. They want to be able to have their shit reversed. If you press the wrong number when sending bitcoin, sorry it's gone.

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top_kek_top commented on a post in r/CryptoCurrency
top_kek_top -1 points

1k to 20k was a massive amount of money, if you didn't cash out then you delusions are way too big.

TheGreenBackPack 5 points

I guess massive is relative then.

top_kek_top -2 points

Yeah, I'm sorry it didn't go from 1k to 500k and you make billions, sorry to rain on your parade.

top_kek_top commented on a post in r/Buttcoin
top_kek_top 3 points

I love it when some of these crypto subs put the crypto prices running across the top of the screen like the stock market, yet they can't show the %change because literally everything is fucking red. It's so cute how they think they matter.

ItWouldBeGrand 0 points

I am only in profit at the time being, and I cashed out a significant portion 8 - 9 months ago. Nevertheless, I'll take the sympathy and derision. Although the derision part is a little bit ironic as buttcoiners choose to waste a portion of their life simply mocking the "delusional, criminal shitshow that is crypto," and frankly I'm not sure which one is more pathetic.

top_kek_top 3 points

Hmm...which is more pathetic, dumping your money into internet money that is literally a ponzi scheme, or mocking those who do so?

The fact that you have to ask this question leads me to believe you're just bad at making decisions in general.

top_kek_top commented on a post in r/CryptoCurrency
387
top_kek_top 1 point

You are the definition of a crypto bagholder. Buys in at the end of fucking January, literally the worst time to buy, because you got suckered into it by the other ponzi schmer's preaching MUH TECHNOLOGY, MUH DECENTRALIZATION.

Hope at least you learned a good lesson from this.

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