+4.8% (or -4.8%) per minute is NOT an exaggeration when it comes to Bitcoin…
- Landon: Ow!
- Teacher: Ralph! Why are you hitting Landon with your school atlas?!
- Ralph: Because it’s good for Bitcoin!
- Teacher: That’s the most ridiculous–
- Teacher: Unbelievable…!
- Caption: +4.8% in the last 60 sec
- Teacher: Yes! Harder! Faster!
- Landon: Hey!!
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That teacher is SOOOOOOOOOOOO fired!
But he’ll probably be so rich by then that he wouldn’t care
That teacher is an amateur, doesn’t he realize nerd-hitting has diminishing returns?
Any real professional knows that that the best way to up Bitcoin is to talk loudly in the library.
This is exactly right.
Jokes on them, Landon’s been bitcoin mining since he was in Kindergarten.
So Bitcoin going down is because Larisa shows up with a flamethrower?
Bad move. Larisa is going to kick their asses so hard for that, no amount of bitcoins will repair the damage.
Correlation and synchronicity do not imply causation, you idiots! You have to investigate and discover a mechanism causing the observed effects, like this device here, concealed in Landon’s shirt collar, which inflates the bitcoin market whenever it detects a blow striking Landon. Now, if I might make an unscientific suggestion of my own, it was probably manufactured by Yuna, and planted on Landon because Ye Thuza said she would have internet privileges withdrawn if she engaged in any more market rigging.
Larisa: Sounds plausible to me, goat-face. *sets light to Landon’s collar, burning it to ash without harming anything else* Now, let me kiss it better, Landon- *smoooooooooooch* *snaps fingers, bursting bitcoin bubble*
Ralph & Teacher: D-: NOOOOOOOOOOOOOOO!!! *find nearest window to jump out of*
>:=)>
https://xkcd.com/1457/ – Same joke, but with cell service. Sorry Novil!
This comment is good for bitcoin.
The hazards of writing a web-comic weeks in advance.
@ Jack:
I’d be more disappointed if xkcd *hadn’t* had a comic on confirmation bias in its 12 year history.
Unsure why you named the bully, since it’s been a while since we’ve had a character death and we know better than to get attached with the size of the mistake he’s making.
Why is Landon extra-cute in the first panel? I just want to hug him…
@ Edda:
It actually went up 2.16% today, and that 4.8% is actually less than what it went up two days ago. That’s the thing about a volatile asset, any number, up or down, will be accurate on some day. That’s why analysts look at 10, 30, and 60 day moving averages, while long-time investors look at the difference from last year (in which it is still up over 600%)
Best way for me to buy my child porn, copious drugs, and hitmen for the cops after me for the aforementioned kiddie porn and massive amounts of drugs!
@ nicktyrong:
Eventually the worst way, since that data in the blockchain stays with the bitcoin basically forever. Which is why the IRS in the states is gearing up to go after bitcoin transactions.
https://rationalwiki.org/wiki/Skinner_box
Ralph, you’re gonna have to face someone who is worse than Cloud.
@ Senjiu:
Unrelated. Skinner box is about DELAYED reward. Also, Rationalwiki link? Really? Couldn’t find something, I dunno, peer reviewed? Like, heck, regular wiki?
What you might have been looking for is this:
https://en.wikipedia.org/wiki/Post_hoc_ergo_propter_hoc
Which is more easily explained by this:
https://www.goodreads.com/quotes/727835-there-was-a-man-who-sat-each-day-looking-out
Jokes on them. Soon as Larisa finds out, she’s going to empty their Bitcoin Wallets and sell.
Larissa’s Revenge : It’s gonna be hot!
Well, if Larissa has Bitcoins, Landon might be in trouble.
And that’s how superstitions are born.
This… will end in fire.
In News: The local high school burned down, source in known however the Landon method of Bitcoin farming is believed to be a factor.
Wow, Ralph hasn’t been in a strip for like 8 years
I don’t think Larisa’s one to fight her boyfriends battles for him.
is this some kind of metaphor for bitcoin mining?
with the tercher beaing the GPU makers while the bully is the bitcoin miners ruining the lives of gamers by buying up the graphics cards?
I knew something was up when I opened my bitcoin wallet and it said “Feed me a stray cat.”
And now for revenge, Russian style.
MidoriLuna wrote:
If that data doesn’t include anything that can identify you, you’re fine. For example, if you bought your bitcoins with cash from a bitcoin ATM.
@ Xezlec:
Yes but then you need to make sure every transaction you ever do is then completely anonymous, which pretty much defeats the original purpose of digital currency as you’re never going to be able to use it outside of small scale activities where both sides require anonimity.
It makes me wonder how many bitcoin ‘millionaires’ end up just having to sit on that digital currency for fear of their tawdry digital past coming to light if they ever started using it in more mainstream activities. Really, why would anyone want to use a currency with a permanent record of your use of it for illicit activities is beyond me.
@ MidoriLuna:
The laugh will be on the IRS. They have dreams of getting a lot of money. Fact is that 80% of people lost money in BTC just like all other investments. They buy high on momentum and then panic sell when it crashes.
What will happen is that as they push this they will likely wind up paying out a lot more in amended returns than they collect. They will also push innovation and acceptance of the dark coins like cloakcoin and monero and Dash’s secret mode.
Unintended consequences for the win.
Transcriptions are dead for good? The last one that did featured one was this…
http://www.sandraandwoo.com/2018/01/22/0957-culturally-insensitive/
@ MidoriLuna:
Actually, I think small-scale anonymous activities are pretty much the point of bitcoin. Well, that and the people who use it as a casino.
But I think you’re pretty wrong about not being able to spend it. That’s easy. There are tons of ways to anonymize cryptocurrencies. For one, you can exchange it for a truly anonymous currency like monero or dash. There are many exchanges that allow trading one cryptocurrency for another without any personal information needed.
That’s bullying. I HATE bullies.
“Wait, no, it’s down again. And up again, down again, crashing…”
@ Xezlec:
You don’t NEED to actually exchange the bitcoins – you only need to pretend you did. I mean, move it from one address to other and pretend that you have no idea who the person who owned the first address is.
Also known as Bitslapping;