Ultrafinery
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May 04, 2016, 02:33:58 PM |
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In other news ...
We can now join the 21inc revolution without buying their $400 Pitato! 21 Inc Unveils Plan to Make Every Computer a Bitcoin ComputerJacob Donnelly | Published on May 3, 2016 at 23:41 BST News Balaji Srinivasan, co-founder and CEO of 21 Inc, announced the launch of the 21 software package at the Consensus 2016 blockchain conference, allowing anyone with a computer to receive bitcoin.
Freely available, the software allows any connected device to join the 21 network, enabling connectivity with the 21 Marketplace and providing capabilities that were previously only available to owners of the 21 Bitcoin Computer.
Srinivasan told the audience:
"What we think is that there is going to be a third Web, the Machine Web, where the links are actually payments between machines."
Third World [Wide] Web. Exciting!
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adamstgBit
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Trusted Bitcoiner
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May 04, 2016, 02:45:32 PM |
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In other news ...
We can now join the 21inc revolution without buying their $400 Pitato! 21 Inc Unveils Plan to Make Every Computer a Bitcoin ComputerJacob Donnelly | Published on May 3, 2016 at 23:41 BST News Balaji Srinivasan, co-founder and CEO of 21 Inc, announced the launch of the 21 software package at the Consensus 2016 blockchain conference, allowing anyone with a computer to receive bitcoin.
Freely available, the software allows any connected device to join the 21 network, enabling connectivity with the 21 Marketplace and providing capabilities that were previously only available to owners of the 21 Bitcoin Computer.
Srinivasan told the audience:
"What we think is that there is going to be a third Web, the Machine Web, where the links are actually payments between machines."
Third World [Wide] Web. Exciting! now that i dont have to pay 500$ for a 21 machine, its worth looking into. i believe they make micropayments cheap like dirt somehow. there software package probably makes handling bitcoin wallets in code simpler, included wallet.h and start making calls like GetNewAddres, SendBTC(int ubtc) definitely worth a look.
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Ultrafinery
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May 04, 2016, 03:05:30 PM |
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now that i dont have to pay 500$ for a 21 machine, its worth looking into. i believe they make micropayments cheap like dirt somehow.
there software package probably makes handling bitcoin wallets in code simpler, included wallet.h and start making calls like GetNewAddres, SendBTC(int ubtc)
definitely worth a look.
I'm looking, but finding very little info. This is how far I got: Clicked on "Learn Moar," got this: The only thing which would make this more attractive to me would be something like "please enter your CC and SS# to proceed."
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USB-S
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In XEM we trust
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May 04, 2016, 03:08:02 PM |
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now that i dont have to pay 500$ for a 21 machine, its worth looking into. i believe they make micropayments cheap like dirt somehow.
there software package probably makes handling bitcoin wallets in code simpler, included wallet.h and start making calls like GetNewAddres, SendBTC(int ubtc)
definitely worth a look.
I'm looking, but finding very little info. This is how far I got: Clicked on "Learn Moar," got this: The only thing which would make this more attractive to me would be something like "please enter your CC and SS# to proceed." How do they profit themselves? Is it sustainable for them?
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Ultrafinery
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May 04, 2016, 03:14:18 PM |
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now that i dont have to pay 500$ for a 21 machine, its worth looking into. i believe they make micropayments cheap like dirt somehow.
there software package probably makes handling bitcoin wallets in code simpler, included wallet.h and start making calls like GetNewAddres, SendBTC(int ubtc)
definitely worth a look.
I'm looking, but finding very little info. This is how far I got: Clicked on "Learn Moar," got this: The only thing which would make this more attractive to me would be something like "please enter your CC and SS# to proceed." How do they profit themselves? Is it sustainable for them? By [possibly] not going to jail (for making millions in VC $ vanish)? idk, if i understand correctly, their software hooks you into their network, sort of like hooking into Google Ads to sell ads on your blog.
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USB-S
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May 04, 2016, 03:18:44 PM |
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now that i dont have to pay 500$ for a 21 machine, its worth looking into. i believe they make micropayments cheap like dirt somehow.
there software package probably makes handling bitcoin wallets in code simpler, included wallet.h and start making calls like GetNewAddres, SendBTC(int ubtc)
definitely worth a look.
I'm looking, but finding very little info. This is how far I got: Clicked on "Learn Moar," got this: The only thing which would make this more attractive to me would be something like "please enter your CC and SS# to proceed." How do they profit themselves? Is it sustainable for them? By [possibly] not going to jail (for making millions in VC $ vanish)? Did they advertise here?
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Ultrafinery
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May 04, 2016, 03:22:23 PM |
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That's the wading pool, 21inc are on (off?) the deep end -- Total Equity Funding: $121.05M in 2 Rounds from 10 Investors
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USB-S
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May 04, 2016, 03:33:34 PM |
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That's the wading pool, 21inc are on (off?) the deep end -- Total Equity Funding: $121.05M in 2 Rounds from 10 Investors So those funds were invested into bitcoin and never came out?
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Ultrafinery
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May 04, 2016, 03:47:29 PM |
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^No, not a penny of that $121.05M was invested in bitcoin. The $121.05M was invested in (this is difficult to verify, so just an educated guess) hookers & blow.
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USB-S
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May 04, 2016, 03:55:52 PM Last edit: May 04, 2016, 04:11:46 PM by USB-S |
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^No, not a penny of that $121.05M was invested in bitcoin. The $121.05M was invested in (this is difficult to verify, so just an educated guess) hookers & blow.
So they didn't even buy bitcoins with that money. Just used bitcoin sticker to get the money. 121million buys you a lot of raspberry pis
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JimboToronto
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You're never too old to think young.
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May 04, 2016, 04:09:21 PM |
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Good AM Bitcoinland. Sideways I see. Ho hum. Some people are still taking Craig Wright seriously?
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bitebits
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Flippin' burgers since 1163.
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May 04, 2016, 04:11:18 PM |
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Some people are still taking Craig Wright seriously?
He will be selling all the bitcoin!
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Ultrafinery
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May 04, 2016, 04:21:44 PM |
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So they didn't even buy bitcoins with that money. Just used bitcoin sticker to get the money.
No, didn't buy bitcoins bcz no bus that short has yet been invented. If retards managed to turn just 10% of that $121.05M into actual folding money, without running afoul of arbitrary bullshit laws created by government shills to shackle the invisible hand and add needless friction to the otherwise frictionless free market price discovery, that's 12 frikin' million dollars worth of freedom. $12M US is much, but retards likely made much more. Much we can learn from retards.
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USB-S
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May 04, 2016, 04:28:23 PM Last edit: May 04, 2016, 04:41:06 PM by USB-S |
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So they didn't even buy bitcoins with that money. Just used bitcoin sticker to get the money.
No, didn't buy bitcoins bcz no bus that short has yet been invented. If retards managed to turn just 10% of that $121.05M into actual folding money, without running afoul of arbitrary bullshit laws created by government shills to shackle the invisible hand and add needless friction to the otherwise frictionless free market price discovery, that's 12 frikin' million dollars worth of freedom. $12M US is much, but retards likely made much more. Much we can learn from retards. I wish I was as retarded as they are.
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gentlemand
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Welt Am Draht
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May 04, 2016, 04:42:00 PM |
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So they didn't even buy bitcoins with that money. Just used bitcoin sticker to get the money.
I don't think there's one VC funded company that's bought coins. That's not what they're in business for.
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Elwar
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May 04, 2016, 05:40:17 PM |
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How do they profit themselves? Is it sustainable for them?
Their 21Inc computers mine bitcoins, 40% goes to the user, 60% goes to 21inc. "Why would anyone run this?" You ask. Their response is the vast software network that the computers connect to. I would not doubt it if they take a percentage of every microtransaction. The microtransactions work by going to the 21inc server and then they get combined into one transaction. There they can easily pull bitcoins from that transaction. They initially promised that they had a chip that could mine 10 times faster than what was on the market. This helped to get them the investments. They did not quite deliver on that promise.
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USB-S
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May 04, 2016, 06:12:14 PM |
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How do they profit themselves? Is it sustainable for them?
Their 21Inc computers mine bitcoins, 40% goes to the user, 60% goes to 21inc. "Why would anyone run this?" You ask. Their response is the vast software network that the computers connect to. I would not doubt it if they take a percentage of every microtransaction. The microtransactions work by going to the 21inc server and then they get combined into one transaction. There they can easily pull bitcoins from that transaction. They initially promised that they had a chip that could mine 10 times faster than what was on the market. This helped to get them the investments. They did not quite deliver on that promise. So they're trying to do something like lightning network, only by mining? Last I've heard they weren't getting any blocks.
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snoovering
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May 04, 2016, 06:35:42 PM |
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Remember when bitcoin wasn't a dirty word & we didn't need to hide our unnatural carnal desire for bitcoins? Now everybody's like "who, me?! I got NOTHING! to do with bitcoin!"
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