Actuarial Outpost
 
Go Back   Actuarial Outpost > Cyberchat > Non-Actuarial Topics
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


View Poll Results: Will cryptocurrencies be accepted by the general public in the near future?
Yes, definitely the way of the future! 34 27.20%
Lol, NERD money!!! 82 65.60%
42 9 7.20%
Voters: 125. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
  #31  
Old 04-01-2015, 03:46 PM
George L. Costanza's Avatar
George L. Costanza George L. Costanza is offline
Member
Non-Actuary
 
Join Date: Aug 2011
College: Queens College
Posts: 2,198
Default

A much bigger advantage is transaction tracking. Proof of funds. Pseudo-anonymity if wanted. There are others.
Reply With Quote
  #32  
Old 04-01-2015, 04:04 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 48,828
Default

Quote:
Originally Posted by George L. Costanza View Post
Clarification on #2 - You don't both have to be online at the same time.

Wrong on #3 - There are not transaction fees for every transaction. There are no transaction fees for (depending on several variables) coins that have been sitting around for a while and there are no fees for coins sent with a small number of inputs. You can also send any transaction without the fee....it just may take a while before it gets confirmed.
I just saw the option on my client. thx
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #33  
Old 04-01-2015, 04:04 PM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 48,828
Default

wasted that transaction fee on CG
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #34  
Old 04-04-2015, 11:14 PM
Childish Gambino's Avatar
Childish Gambino Childish Gambino is online now
Member
SOA
 
Join Date: Jul 2014
Posts: 29,085
Default

Quote:
Originally Posted by Childish Gambino View Post
no, im going to bet my CS quarter on Wisconsin to win.
and now i have 75 cents
__________________
the president replied, "I don't care. I believe Putin."
Reply With Quote
  #35  
Old 06-17-2016, 03:32 PM
Childish Gambino's Avatar
Childish Gambino Childish Gambino is online now
Member
SOA
 
Join Date: Jul 2014
Posts: 29,085
Default

Quote:
Originally Posted by Colonel Smoothie View Post
I gave Childish Gambino .0001 BTC which is about 25 cents. don't throw it away


BTC through the MF-ing roof right now. I thought the ~$400's was too high.

Your .0001 is now worth 75 cents. I'm going to be rich at this rate
__________________
the president replied, "I don't care. I believe Putin."
Reply With Quote
  #36  
Old 06-17-2016, 03:58 PM
ElDucky's Avatar
ElDucky ElDucky is offline
Free Mason
 
Join Date: Jul 2004
Location: In a van, down by the river
Studying for Let me worry about blank
Favorite beer: Trappistes Rochefort 8
Posts: 43,329
Default

Wow, back up a lot. AO posted about it at $3. We could have been rich!
__________________
I live near the cows.
Reply With Quote
  #37  
Old 06-27-2016, 10:25 AM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 48,828
Default

Quote:
Originally Posted by Childish Gambino View Post


BTC through the MF-ing roof right now. I thought the ~$400's was too high.

Your .0001 is now worth 75 cents. I'm going to be rich at this rate
I bought a Bitcoin sometime in mid 2015 and then spent it at the end of the year on a video card, as a Christmas present from myself to myself

__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #38  
Old 06-27-2016, 10:34 AM
Soviet Soviet is offline
Member
SOA
 
Join Date: Aug 2012
Posts: 377
Default

Once the main exchange of the currency stops getting hacked once a year, causing a ridiculous tumble in value and the "theft" of millions of bitcoins then I'll start to get more interested.

For a currency which claims to be so safe and secure, it apparently has a massive design flaw.
Reply With Quote
  #39  
Old 06-27-2016, 11:05 AM
PeppermintPatty's Avatar
PeppermintPatty PeppermintPatty is offline
Member
CAS
 
Join Date: Sep 2001
Posts: 42,118
Default

What's up with etherium?
Reply With Quote
  #40  
Old 06-27-2016, 11:08 AM
Childish Gambino's Avatar
Childish Gambino Childish Gambino is online now
Member
SOA
 
Join Date: Jul 2014
Posts: 29,085
Default

Quote:
Originally Posted by Soviet View Post
Once the main exchange of the currency stops getting hacked once a year, causing a ridiculous tumble in value and the "theft" of millions of bitcoins then I'll start to get more interested.

For a currency which claims to be so safe and secure, it apparently has a massive design flaw.
The block chain has never been hacked and security has improved since the 2012 attack on websites that use wallets. Most of the theft was due to users with shitty passwords. Now there is 2-factor authentication on encrypted wallets with ID verification steps, you are as safe as your personal OpSec
__________________
the president replied, "I don't care. I believe Putin."
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:52 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.20885 seconds with 11 queries