Single point of failure 🎃 is a user on mastodon.social. You can follow them or interact with them if you have an account anywhere in the fediverse. If you don't, you can sign up here.
Single point of failure 🎃 @Gargron

Bitcoins are up to 1 BTC = $5800, wtf

· Web · 5 · 12

Maybe I shouldn't have cashed out those donations I got in BTC in April.... :thinkhappy:

@Gargron Just a matter of time until it tumbles down. We couldn't have known - and it would've been risky. Probably.

@Gargron I spent all my microbitcoins on videogames early this year because I didn't believe it'd stay over 3k long. It's kind of crazy.

@Pasty @Gargron now I'm mostly thinking we're in for a pretty spectacular crash, but maybe I'm wrong.

On the other hand, Mastodon being paid for by a market speculation would be an amazing irony given the politics. (I'm a terrible person, sorry.)

@pony @Gargron I've been waiting for that spectacular crash for like a year by now, though.
The gox crash was fun to experience, though.

@gargron I got 0.006614 something at a bitcoin exchange and you can only sell or buy bitcoin at the equivalent of 30 €. So this is great news for me. :D

@Gargron If only there were people willing to pay 5800$ for Bitcoins - bet you that there's an "unfortunate" server outage as people try to get the money for their bitcoins.

@Gargron Bitcoin has a lot of promise but I probably won't touch it until it is seen as a currency and not as an investment opportunity.