Bitcoin
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- drgs0
So, what's the next ponzi? Discuss
- $ dollars?shapesalad
- rationing cards after the nuclear fall out.Ianbolton
- I thought Bitcoin was a hedge against inflation and WW3?NBQ00
- wheatfadein11
- I dunno, but the next thing the comments on qbn call a Ponzi I'm all in. Cos it's been tulips here since eth was $4 and btc $10.... Discuss.inteliboy
- +1 intelfadein11
- Hand tools. Edible fats.********
- shapesalad0
retraced epically.
- AQUTE0
I'm looking to buy in the next month or so.
- i wait till 15k in aprilneverscared
- yea I'd wait.... way too much rekt and suffering to be had yet....inteliboy
- Don't be someone else's exit liquidity.jonny_quest_lives
- True. Not enough blood and tears yetAQUTE
- drgs0
55k in March guaranteed
https://www.tradingview.com/char…
https://imgur.com/a/EXvXTZM- Just taken a job, that pays in BTC. looking forward to the 'pay increase' over the next few years.. not looking forward to my account being hacked/frozen etc...shapesalad
- lol @ being paid in bitcoinspinkfloyd
- well, 1 year at current price = just under 2 btc.shapesalad
- why the drop starting Sep '22?Krassy
- nuclear wardrgs
- oh, i seeKrassy
- neverscared0
EU Parliamentarians Push to Limit Bitcoin Use Over Energy Concerns
A provision added to a draft regulatory package calls for the restriction of cryptocurrencies that use proof-of-work consensus mechanisms.European Union (EU) lawmakers are preparing for inter-institutional discussions on proposed regulations for governing crypto assets, and may be set to ban energy-intensive cryptocurrencies like bitcoin.
- they should have done that before some greedy retarted suckers released that monsters co2 machine into the world.neverscared
- neverscared-1
Bitcoin mining got even dirtier after miners relocated following the Chinese mining crackdown of 2021. The share of renewables in the electricity mix of miners dropped from 41.6% to 25.1%. The carbon footprint of the network has increased by ~17%
- drgs1
- 1 BTC = 1 RUBjonny_quest_lives
- lol looks about rightAQUTE
- grafician-2
“ Crypto exchanges are refusing calls to freeze Russian accounts. A Binance spokesperson said doing so "would fly in the face of the reason why crypto exists." Kraken's CEO said the move would violate bitcoin's "libertarian values."
https://www.vice.com/en/article/…
lol ban on crypto coming up in 3...2...
- quick way to lose your payment processor...jonny_quest_lives
- The Russian hackers will end up taking over the crypto exchanges anyway.utopian
- Crypto allows the ordinary Russian who is against Putin to survive and detach themselves from the control of putin.shapesalad
- ↑ (◔_◔)jonny_quest_lives
- Crypto allows the ordinary North Korean who is against Kim Jong-un to survive and detach themselves from the control of Kim Jong-un.jonny_quest_lives
- Crypto allows the ordinary Chinese citizen who is against Xi Jinping to survive and detach themselves from the control of Xi Jinpingjonny_quest_lives
- ^ why should YOUR money be at the whim of dictators and governments?inteliboy
- ^money as a medium of exchange throughout history has been at the whim of dictators and governments... It's childish to believe bitcoin changes thatjonny_quest_lives
- This will be the textbook reason for regulation.formed
- Krassy2
if you're wondering why Bitcoin has jumped 14% in the past 24hrs:
Oligarchs are turning to Bitcoin to skirt sanctions
- what if bitcoin crashes right after? lolpinkfloyd
- the gift that gives on giving... i already loved the co2 and fraud componnent.neverscared
- conversion is the issue... central governments freeze payment inputs/outputs people are left transacting in pure crypto at that point 1 BTC = 1BTCjonny_quest_lives
- It all was promised in the covenants
https://www.tradingv…drgs
- neverscared1
for the pros here.. Do you think Russian oligarchs have big stakes in crypto?
- drgs1
- This is what I imagine my brainwaves look like before I've had coffee and a cigarette first thin in the morning.Continuity
- drgs0
I guess 55k in March goes out of the window
There are no good fractals for this mess:
https://imgur.com/a/RW61kWx- atm they are holding it around 40K...ups and downs to take some value out of gamblers...they can switch to lower if necessary. basically they are waiting.uan
- I think if we get some good news about the war (say, if its over or the russians give up), everything will pump, as a reflexdrgs
- InvestAnswers shared a chart in one of his videos recently, the average size of buys into BTC - staggering.shapesalad
- jonny_quest_lives0
Executive order on Digital Assets inbound from President Biden tomorrow apparently... At least according to a leaked press release from the Department of Treasury... The guy who found it web archived it. Disregard if you are not a US citizen,
- shapesalad0
- Do you think in a world scrambling for cheap energy that PoW cryptos are still a thing?
Get out while you still can...grafician - :-|kingsteven
- Why isn't neverscared ranting about Tumble Dryers? A nice-to-have appliance that serves no purpose other than laziness.inteliboy
- Maybe we need a tumble dryer thread....inteliboy
- In fact, bitcoin mining is nearly 15X more carbon intensive than mining an equivalent amount of goldneverscared
- tumble dryer are no ponzi sheme... its not as senseless as bitcoin it stays.neverscared
- lol, posting from messari.. they are in crypto love .. no suprise they dont care.neverscared
- would be interresting to know how high the bitcoin graph would be if it hast the same amount of users like global banking system... the only comparison thatneverscared
- would make sense.neverscared
- what would that be 8000 ? 12.000?neverscared
- more like 130.000neverscared
- you're assuming bitcoin is scalable. if it was scalable it could process more transactions with less energy. as it stands bitcoin could use 10x energy and onlykingsteven
- process the same amount of transactions (a minuscule percentage of what would be required by the global banking system)kingsteven
- not disagreeing that it's retarded, so much more retarded than most know. also, inteliboy is in aus? tumble dryers are a bit less frivolous up here man :Dkingsteven
- any stats to back up that equation .. link? or just your fantasyneverscared
- if you could come fru with that number what crytpo would have an effect in co2 with the amount of users in fiat.... that would clear things up...neverscared
- https://en.wikipedia…kingsteven
- i'm saying it's impossible to reach a fraction of a percentage of the transactions required without a hard fork.kingsteven
- if there was a fork it may be able to process hundreds of times the transactions with the same energy usage - but still not compete with VISA alonekingsteven
- Do you think in a world scrambling for cheap energy that PoW cryptos are still a thing?
- shapesalad-3
- He just solved the riddle. He's such a smart man.dbloc
- somebody tell him to stop smoking that shitsted
- https://c.tenor.com/…Nairn
- The sounds “toshi” and “moto” are SO RARE in Japanese that this couldn’t be anything but a conspiracy.monospaced
- neverscared5
In a hype economy built on froth, virality, misinformation, and celebrity endorsements, crypto has no apparent utility besides being a source of risky speculation.
The Pandemic Sparked a Golden Age of Crypto Scams
Depraved grifters compounded the misery of Covid-19 by defrauding Americans through bitcoin, NFTs, and meme stocks.- Wake up sheeple!palimpsest
- https://www.youtube.…shapesalad
- ^ some very deep pockets would disagree with your article. Yes for NFTs and Alts, lots of trash being chased.shapesalad
- calm down !neverscared
- shit, please not this guy in the video... damn i cant suffer such anti-elegant clowns.neverscared
- drgs-2
- Why discuss a boring possible sideways move?NBQ00
- Give it 4 years.shapesalad
- drgs1
https://www.reuters.com/business…
DUBAI, March 11 (Reuters) - Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.