steemit.com cryptocurrency whatsit

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Re: steemit.com cryptocurrency whatsit

Post by JimC » Mon Jul 31, 2017 9:26 am

As long as moderators make 5% on every deal, I don't care what the fuck it's called!

:{D
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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Mon Jul 31, 2017 1:53 pm

Rum wrote:Great. I still haven't had my account approved for some reason. The system is still in beta mode so I assume they are going pretty slowly.
If you haven't heard by tomorrow I can post a thingo in the help forum. Might prompt them to go and find it and activate it.
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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Mon Jul 31, 2017 1:54 pm

Brian Peacock wrote:
PsychoSerenity wrote:Where does the actual value come from? I mean, if they can theoretically be converted in to real currency, there should be something about the website and the currency that is actually worth something to someone. I can't see that there's any advertising on there, and simply liking things on social media is not actually useful unless someone's harvesting data. There's always some value in the use of a currency like this for illicit trade, and I've always been rather put off the idea of profiting by supporting a currency that easily allows human trafficking and funds terrorism. I'd be very surprised if, like with most crypto-currencies, there aren't a minority of people who get extraordinarily wealthy while thousands of others find they don't actually get as much as they put in, when they try to cash out.
I presume the value created is a function of the estimated $-value of the domain based on it's traffic and links to-and-from - it's value as a platform for advertising/data mining etc. One might then divide that nominal value between participants based on their level of activity, perhaps. At some point real money might even change hands - minus an administrative charge no doubt.
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"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Mon Jul 31, 2017 1:56 pm

Brian Peacock wrote:Great idea. What should we call it?

I propose: the 'Shit'. :D
I was going to say Shitcoin, but apparently that's a common term for digital coins that tank.. :hehe:
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: steemit.com cryptocurrency whatsit

Post by Svartalf » Mon Jul 31, 2017 1:59 pm

Well, the Ratzcoin has tanked before even starting... not enough of a base, no data to mine, not ads or audience to give it value... and nothing to use it on either.
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Re: steemit.com cryptocurrency whatsit

Post by Brian Peacock » Mon Jul 31, 2017 2:08 pm

pErvin wrote:
Brian Peacock wrote:
PsychoSerenity wrote:Where does the actual value come from? I mean, if they can theoretically be converted in to real currency, there should be something about the website and the currency that is actually worth something to someone. I can't see that there's any advertising on there, and simply liking things on social media is not actually useful unless someone's harvesting data. There's always some value in the use of a currency like this for illicit trade, and I've always been rather put off the idea of profiting by supporting a currency that easily allows human trafficking and funds terrorism. I'd be very surprised if, like with most crypto-currencies, there aren't a minority of people who get extraordinarily wealthy while thousands of others find they don't actually get as much as they put in, when they try to cash out.
I presume the value created is a function of the estimated $-value of the domain based on it's traffic and links to-and-from - it's value as a platform for advertising/data mining etc. One might then divide that nominal value between participants based on their level of activity, perhaps. At some point real money might even change hands - minus an administrative charge no doubt.
No ads. You can datamine the absolute shit out of everything, as it's all open access. That's a bit of a scary thing about it all. Nothing can be deleted.
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Re: steemit.com cryptocurrency whatsit

Post by Brian Peacock » Mon Jul 31, 2017 2:09 pm

pErvin wrote:
Brian Peacock wrote:Great idea. What should we call it?

I propose: the 'Shit'. :D
I was going to say Shitcoin, but apparently that's a common term for digital coins that tank.. :hehe:
Two Shits = 1 Wank. 10 Wanks = 1 Crumple?
Rationalia relies on voluntary donations. There is no obligation of course, but if you value this place and want to see it continue please consider making a small donation towards the forum's running costs.
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There are two other possibilities: one is paperwork, and the other is nostalgia."

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Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Mon Jul 31, 2017 2:09 pm

...
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"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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Re: steemit.com cryptocurrency whatsit

Post by Hermit » Mon Jul 31, 2017 3:41 pm

One Crumple = 1/10 of a Galaxian or 1/20 of a Doddery Dave.
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Re: steemit.com cryptocurrency whatsit

Post by laklak » Mon Jul 31, 2017 3:55 pm

1/23 of a HalfDave, but there isn't actually HalfDave coin.
Yeah well that's just, like, your opinion, man.

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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Tue Aug 01, 2017 3:49 am

You should get over there, Lak. It's an anarcho-capitalists wet dream. I'm expecting to see Seth turn up at any minute.
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"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: steemit.com cryptocurrency whatsit

Post by JimC » Tue Aug 01, 2017 3:50 am

...and get banned in 1..2..3...
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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Tue Aug 01, 2017 4:13 am

You can't be banned there. And Seth would be a literal God there. All the young naive anarcho-capitalists would worship him. When he hears about the place I have no doubt he will head straight there.
Sent from my penis using wankertalk.
"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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Re: steemit.com cryptocurrency whatsit

Post by JimC » Tue Aug 01, 2017 4:19 am

In that case, someone fucking tell him! :{D
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Re: steemit.com cryptocurrency whatsit

Post by pErvinalia » Tue Aug 01, 2017 4:20 am

:lol: When is he due back here?
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.

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