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SatoshiBakura (4 Score & 7 Years Ago)
#1726: May 24th 2022 at 10:47:39 AM

There are going to be lawsuits if this goes through.

Perseus from Australia Since: Nov, 2009 Relationship Status: Mu
#1728: May 24th 2022 at 12:14:58 PM

F

Trans rights are human rights.
Resileafs I actually wanted to be Resileaf Since: Jan, 2019
I actually wanted to be Resileaf
#1729: May 24th 2022 at 12:16:17 PM

Once again real life proves itself able to do plots that movies dream they'd be able to think of.

Parable Since: Aug, 2009
#1730: May 24th 2022 at 12:20:51 PM

I was about to write, 'Who would even want to watch a movie about that?' But then in realized I totally would, because it sounds hilarious.

fredhot16 Don't want to leave but cannot pretend from Baton Rogue, Louisiana. Since: Jan, 2015 Relationship Status: Too sexy for my shirt
Don't want to leave but cannot pretend
#1731: May 24th 2022 at 12:25:41 PM

Womp womp.

That's how the sound of the trumpets go, right?

Trans rights are human rights. TV Tropes is not a place for bigotry, cruelty, or dickishness, no matter who or their position.
Mullon Since: Jan, 2001 Relationship Status: And here's to you, Mrs. Robinson
#1732: May 24th 2022 at 3:16:19 PM

Ringo Starr has his own celebrity NF Ts coming out, because everything I believe in that's good is dead.

Never trust anyone who uses "degenerate" as an insult.
Parable Since: Aug, 2009
#1733: Jun 1st 2022 at 12:00:46 PM

If at first you don't succeed, try and get again.

The company behind Luna and Terra, which crashed and wiped out billions in crypto savings, has rolled out a new crypto currency imaginatively named Luna 2.0.

Kayeka Since: Dec, 2009
#1734: Jun 1st 2022 at 12:33:38 PM

Does it have any mechanism that is supposed to prevent a similar crash, or are they just going to do the exact same thing again?

Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life
Lost in Space
#1735: Jun 1st 2022 at 12:35:28 PM

I heard that Luna 2.0 immediately crashed by 80 percent from all the people trying to use it to recoup their losses on Luna. This is an endless cycle of stupidity, cupidity, and Sunk Cost Fallacy.

"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"
raziel365 Anka Aquila from South of the Far West (Veteran) Relationship Status: I've been dreaming of True Love's Kiss
Anka Aquila
#1736: Jun 1st 2022 at 12:40:44 PM

I just don't get how people can throw away so much money without even trying to invest first on something more stable and sustainable.

Instead of focusing on relatives that divide us, we should find the absolutes that tie us.
Resileafs I actually wanted to be Resileaf Since: Jan, 2019
I actually wanted to be Resileaf
#1737: Jun 1st 2022 at 1:06:24 PM

As Fighteer said, sunk cost fallacy. They're in too deep on Crypto, they have to make money with it or else admit that they were wrong.

Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life
Lost in Space
#1738: Jun 1st 2022 at 1:08:46 PM

While we may feel schadenfreude at most of the crypto bros, we have to remember that a lot of people sunk their entire savings into these projects in the hopes of improving their desperate financial conditions. They are victims of disinformation, not greed. Either way, though, the refusal to get out when it collapses on them is the sunk cost fallacy.

"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"
Zendervai Visiting from the Hoag Galaxy from St. Catharines Since: Oct, 2009 Relationship Status: Wishing you were here
Visiting from the Hoag Galaxy
#1739: Jun 1st 2022 at 1:10:10 PM

The people I don't have much sympathy for are the ones who are totally aware of what's happening and tried to maneuver into a position to scam others but failed at it, or the people who just...repeatedly got caught in rugpulls and fell for them multiple times.

Not Three Laws compliant.
Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life
Lost in Space
#1740: Jun 1st 2022 at 1:26:18 PM

Terra and Luna were supposed to part of a "stablecoin" project, with predictable value against US currency. The problem is that once confidence wavered, there was a "run" on them, as real as any run on a bank, but without any of the regulatory controls or backstops. There's no evidence of any specific wrongdoing — which is not something we can say about all such collapses — but all that should do is illustrate the core point, which is that these are not stable or reliable investments.

"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"
thatindiantroper Since: Feb, 2015
#1741: Jun 1st 2022 at 9:43:22 PM

Frankly, I'm still not sure exactly what happned.

I can barely wrap my head around regular economics, let alone this shit.

Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life
Lost in Space
#1742: Jun 2nd 2022 at 8:05:29 AM

If you want to learn more about the Terra/Luna fiasco, this video by Upper Echelon Gamers can help you. Be aware that he's kind of a prick but he has useful things to say about cryptocurrencies and NFT scams.

"It's Occam's Shuriken! If the answer is elusive, never rule out ninjas!"
AngelusNox The law in the night from somewhere around nothing Since: Dec, 2014 Relationship Status: Married to the job
The law in the night
#1743: Jun 3rd 2022 at 8:45:25 PM

Cryptodipshits BTFO:

New York just passed a bill cracking down on bitcoin mining

Lawmakers backing the legislation say they are looking to curb the state’s carbon footprint by cracking down on mines that use electricity from power plants that burn fossil fuels. If it passes — for two years, unless a proof-of-work mining company uses 100% renewable energy, it would not be allowed to expand or renew permits, and new entrants would not be allowed to come online.

Edited by AngelusNox on Jun 3rd 2022 at 12:45:34 PM

Inter arma enim silent leges
raziel365 Anka Aquila from South of the Far West (Veteran) Relationship Status: I've been dreaming of True Love's Kiss
Anka Aquila
#1744: Jun 3rd 2022 at 8:47:46 PM

[up]

Victory.

Instead of focusing on relatives that divide us, we should find the absolutes that tie us.
Demongodofchaos2 Face me now, Bitch! from Eldritch Nightmareland Since: Jul, 2010 Relationship Status: 700 wives and 300 concubines
Face me now, Bitch!
Ramidel Since: Jan, 2001
#1746: Jun 4th 2022 at 3:43:26 AM

Annoying. (That it's not simply a federal ban on cryptocurrency mining, trading or ownership in the US, that is.)

Reflextion from a post-sanity world (Time Abyss) Relationship Status: What's love got to do with it?
#1747: Jun 4th 2022 at 5:56:14 AM

Better than nothing, at least

Demongodofchaos2 Face me now, Bitch! from Eldritch Nightmareland Since: Jul, 2010 Relationship Status: 700 wives and 300 concubines
Face me now, Bitch!
#1749: Jun 6th 2022 at 5:51:41 AM

My Same image applies. XD

Watch Symphogear
Fighteer Lost in Space from The Time Vortex (Time Abyss) Relationship Status: TV Tropes ruined my love life

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