News for hackers. Stuff that matters.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by phil248 on Tuesday December 12, 2017 @12:12PM (#15907268)
Having purchased several cryptocurrencies recently, I can attest that I am certainly not acting rationally. But at least I'm having fun!
Re:Litecoin and Ethereum buys and sells are temporarily disa... by wott on Tuesday December 12, 2017 @12:39PM (#15907583)
I should start a business selling thin air. Thin air from France, thin air from Japan, thin air from Mexico, and so on, you can collect them all, it is super fun. Then I could introduce cold captured thin air, warm captured thin air, etc. Wet thin air, dry thin air for year 3. More fun every year.

Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can this get?

I am sure I could find buyers in the same market as cryptocurrencies.

PS: This is not directed at you, but you expressed the level of pointlessness and... void that reigns in this 'market', so I picked your message to place my joke/rant.

Re:Litecoin and Ethereum buys and sells are temporarily disa... by Joeboy on Tuesday December 12, 2017 @01:00PM (#15907810)
Named "Useless Ethereum Token", with the strapline "seriously, don't buy these tokens", raised $187k worth of ETH. https://uetoken.com/
Re:Litecoin and Ethereum buys and sells are temporarily disa... by velodrome on Tuesday December 12, 2017 @01:30PM (#15908105)
A+ for transparency.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by tootie on Tuesday December 12, 2017 @12:43PM (#15907635)
A few years ago, Cards Against Humanity ran a Black Friday campaign where you send them $5 and get absolutely nothing in return.

https://cardsagainsthumanity.com/blackfriday/

Re:Litecoin and Ethereum buys and sells are temporarily disa... by jameshart on Tuesday December 12, 2017 @03:37PM (#15909233)
I wonder what that's worth now? Be interesting to see what you could fetch by putting up the 'nothing' you bought from CAH for sale.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by TheDauthi on Tuesday December 12, 2017 @02:26PM (#15908642)
I wish they'd run this campaign again so I could buy a second.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by _pmf_ on Tuesday December 12, 2017 @03:40PM (#15909255)
Now, now; don't be greedy!
Re:Litecoin and Ethereum buys and sells are temporarily disa... by jnordwick on Tuesday December 12, 2017 @03:43PM (#15909271)
I'll sell you mine.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by SyneRyder on Tuesday December 12, 2017 @01:06PM (#15907869)
That also reminds me of Yves Klein's Zone de Sensibilité Picturale Immatérielle::

In the performance piece, Zone de Sensibilité Picturale Immatérielle (Zones of Immaterial Pictorial Sensibility) 1959–62, he offered empty spaces in the city in exchange for gold. He wanted his buyers to experience The Void by selling them empty space. In his view this experience could only be paid for in the purest material: gold. In exchange, he gave a certificate of ownership to the buyer. As the second part of the piece, performed on the Seine with an Art critic in attendance, if the buyer agreed to set fire to the certificate, Klein would throw half the gold into the river, in order to restore the "natural order" that he had unbalanced by selling the empty space (that was now not "empty" anymore). [1]

[1] https://en.wikipedia.org/wiki/Yves_Klein

[2] https://en.wikipedia.org/wiki/Zone_de_Sensibilit%C3%A9_Pictu...

Re:Litecoin and Ethereum buys and sells are temporarily disa... by kinkrtyavimoodh on Tuesday December 12, 2017 @03:01PM (#15908936)
You joke but I'd be happy to invest if I think that I could sell that thin air after a month for twice what I bought it for. So make THAT happen for thin air and we are good.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by scarmig on Tuesday December 12, 2017 @03:29PM (#15909160)
But you can hold onto it for two months, and sell it for quadruple what you bought it for instead!

You just have to make sure not to be one of those idiotic idiots left holding the idiot bag like an idiot.

Re:Litecoin and Ethereum buys and sells are temporarily disa... by yoodenvranx on Tuesday December 12, 2017 @12:49PM (#15907701)
> Thin air from France, thin air from Japan

That reminds me of "Perri-Air" from the movie Spaceballs: https://www.youtube.com/watch?v=gzbIrb7LUJA

Re:Litecoin and Ethereum buys and sells are temporarily disa... by velodrome on Tuesday December 12, 2017 @01:55PM (#15908312)
Re:Litecoin and Ethereum buys and sells are temporarily disa... by stryk on Tuesday December 12, 2017 @01:01PM (#15907823)
At times I feel a lot like Prince Valium when reading about all the crypto-currency hubbub.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by RileyJames on Tuesday December 12, 2017 @05:51PM (#15910219)
You joke, but they buy fresh air in canisters in China, shipped from non-polluted locations, like Australia, NZ & Canada. All things are not abundant in all places: http://www.bbc.com/capital/story/20170515-the-entrepreneurs-...
Re:Litecoin and Ethereum buys and sells are temporarily disa... by yeukhon on Tuesday December 12, 2017 @12:44PM (#15907647)
http://www.bbc.com/capital/story/20170515-the-entrepreneurs-...

Of course, this just shows how bad the air pollution is in China. Then again, water bottle brands like Nestlé's Poland Spring Water are just using "Poland Spring" as a gimmick and a ad-bait. So you definitely can sell thin air at different price based on "where the air was collected."

Re:Litecoin and Ethereum buys and sells are temporarily disa... by __sha3d2 on Tuesday December 12, 2017 @12:56PM (#15907763)
I'm not kidding when I say that you would be surprised at the size of the market for canned air. I made this same joke several years ago and then looked into it and was blown away.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by notjustanymike on Tuesday December 12, 2017 @12:59PM (#15907805)
Canned Air: It'll Blow You Away
Re:Litecoin and Ethereum buys and sells are temporarily disa... by scarmig on Tuesday December 12, 2017 @03:30PM (#15909176)
You're not paying for the air. You're paying for the pressure differential.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by SAI_Peregrinus on Tuesday December 12, 2017 @01:28PM (#15908081)
That typically isn't air (80% Nitrogen 20% Oxygen) but a liquefied compressed gas such as 1,1,1,2-tetrafluoroethane. They're very handy for cleaning things, especially computer heat sinks. Much more portable and cheaper than an air compressor.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by heartbreak on Tuesday December 12, 2017 @01:26PM (#15908062)
There's value added to canned air at least.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by koolba on Tuesday December 12, 2017 @01:30PM (#15908104)
> Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can this get?

That idea has been around for hundreds of years: https://en.wikipedia.org/wiki/Indulgence

Re:Litecoin and Ethereum buys and sells are temporarily disa... by y04nn on Tuesday December 12, 2017 @04:53PM (#15909861)
Salt, sea shells and gold were used as currencies in the past, any limited limited ressources would do. Companies even trade CO2 emissions...

https://en.wikipedia.org/wiki/Emissions_trading

Re:Litecoin and Ethereum buys and sells are temporarily disa... by cgb223 on Tuesday December 12, 2017 @01:28PM (#15908073)
I'm going to fork your thin air, and create "Thick Air" with the only difference being the blocksize of the available air

It'll be able to handle 8x as much air transfer as yours and have a minority following that will always bite at your heels

Re:Litecoin and Ethereum buys and sells are temporarily disa... by antisthenes on Tuesday December 12, 2017 @12:41PM (#15907611)
As long as you record the transactions for air in a blockchain, you should be good.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by gregcrv on Tuesday December 12, 2017 @01:10PM (#15907905)
http://www.airdemontcuq.fr/

It's already sold in France. "Air de Montcuq" -> air de mon cul ( air from my ass )

Re:Litecoin and Ethereum buys and sells are temporarily disa... by remcob on Tuesday December 12, 2017 @03:17PM (#15909065)
This has been done! At least, as a joke. Back in the dot-com bubble the financial website IEX.nl announced an April first IPO for 'F/rite Air' (fried air).

They received a significant sum in offers…

Source: https://web.archive.org/web/20050831124638/http://www.iex.nl...

Re:Litecoin and Ethereum buys and sells are temporarily disa... by lloyd-christmas on Tuesday December 12, 2017 @03:25PM (#15909130)
> Even better, I should sell just a paper (well, an electronic one) stating you own some thin air.

http://www.airrightsny.com/

In concept, it's obviously not the joke you're making. In practicality, it's exactly the content of your joke.

Re:Litecoin and Ethereum buys and sells are temporarily disa... by malikNF on Tuesday December 12, 2017 @12:43PM (#15907624)
Re:Litecoin and Ethereum buys and sells are temporarily disa... by dsp1234 on Tuesday December 12, 2017 @01:54PM (#15908301)
Even better, I should sell just a paper (well, an electronic one) stating you own some thin air.

That's basically what this is:

https://www.star-registration.com/

Re:Litecoin and Ethereum buys and sells are temporarily disa... by martin-adams on Tuesday December 12, 2017 @03:15PM (#15909049)
If you can make an app that has some variable change in the air investment every few minutes, hitting that dopamine high, you could be onto a winner.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by worldexplorer on Wednesday December 13, 2017 @01:42PM (#15916353)
Maybe you can sell thin air from here in Himalayas. It will actually hold some value too for polluted places.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by dannygarcia on Tuesday December 12, 2017 @06:16PM (#15910414)
You couldn't get me to pay a cent for air now. But please let me know when the air futures exchange opens.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by phil248 on Tuesday December 12, 2017 @11:22PM (#15912011)
No offense taken, but how can I purchase some of your foreign air bonds? I hope cash is OK!
Re:Litecoin and Ethereum buys and sells are temporarily disa... by karmajunkie on Tuesday December 12, 2017 @12:30PM (#15907471)
Agreed, for someone with a relatively small amount invested in the crypto market (<1k) I find myself impersonating Gordon Gecko an awful lot. The only thing I can compare it to is my brief obsession with football stats when I used to play fantasy football.
Re:Litecoin and Ethereum buys and sells are temporarily disa... by MoD411 on Tuesday December 12, 2017 @12:38PM (#15907565)
There's a crypto currency for fantasy sports as well: https://nolimitcoin.org/ Why not combine both? xD
Re:Litecoin and Ethereum buys and sells are temporarily disa... by ReverseCold on Tuesday December 12, 2017 @12:30PM (#15907475)
Yup, that's all cryptocurrencies investments are right now, a game.

Have fun, but don't bet your life on it.

Mabye in the future it can be more than a speculation, but right now it's a game.

Re:Litecoin and Ethereum buys and sells are temporarily disa... by agumonkey on Tuesday December 12, 2017 @12:59PM (#15907804)
I'm rationally delaying my irrationality. Helped by platform registration bottlenecks
Re:Litecoin and Ethereum buys and sells are temporarily disa... by VVayneTracker on Tuesday December 12, 2017 @12:29PM (#15907451)
It's all fun and games until the switch is flipped and PetroBTC replaces the Petrodollar. /s?