Bitcoin
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- grafician-2
"MicroStrategy, Its Shares Sinking, Spends $10M to Buy Yet More Bitcoin
MicroStrategy said it bought about 205 BTC for $10 million in cash, at an average price of about $48,888."
- that Saylor guy is practically gambling at this point lolgrafician
- everyone involved in crypto is gambling ;-)Krassy
- yeah ofc, but when your company is down 50% and you buy even more? Bruh...grafician
- I think he buys for his clientsdrgs
- https://twitter.com/…jonny_quest_lives
- https://twitter.com/…jonny_quest_lives
- it's still up 3x since they first bought btcESKEMA
- well next time you make an argument pro crypto, keep in mind the entire scene is riddled with idiots/frauds like this guygrafician
- @ESKEMA hey dude, how come you only post about crypto on QBN? Are you a crypto bot? :)Krassy
- because it's an interesting subjectESKEMA
- and it's the one and ONLY one that's interesting?Krassy
- buy the dipisaca
- 5timuli0
I only started giving a fuck about his shit about 3 weeks ago (despite remembering when Bitcoin was fractions of a dollar = fucking scam). Still, here I am.
I now have a decent investment spread:
30% BTC
30% ETH
20% ADA
10% XLM — I want to reduce this to 5% and increase my ADA
10% split between NANO, BAT, VET, DOGE (in this order)On my watchlist:
DOT
LINK
IOTA
XTZ
ENJ
MANA
DENY
PREAlso just bought a Ledger Nano X and a Bilfodl. Diving in. Hi goodbye.
- Obv. DENY = DENT, although I doubt they can gain any traction beyond emerging markets, hence how far down they are in my list.5timuli
- I'm in about 1% of my net worth. Hoping to bump to 2–3% in a few months. HODL DCA FUD FEAR SMFD etc.5timuli
- Most of them grow/fall relative to the price of BTC. the ones i‘ve seen grow exceptionally are related to exchanges, like binance coin or crypto coin.uan
- if you're just starting, don't go deep on altcoins. I would focus more on bitcoin. Watch the chart vs BTC, not USD and you'll see a different picture.ESKEMA
- @5timuli How do you work out your net worth?Hayzilla
- sausages9
I had about $4 Australian pesos worth of BTC in an old wallet I had years ago from buying drugs online and now it’s a few hundred bucks. Might buy some drugs with it.
- You buying drgs?NBQ00
- if you give it time, it may be worth a few thousands...ESKEMA
- fuck drugs dude. utter trash********
- I still haven’t found the 1 Bitcoin I have on an old hardriveGnash
- good for you, hope you have a nice timewoowahesque
- Will let it ride for a couple more years. Not worth spending on drugs - a few hundred isn’t even a big night out.sausages
- I had the exact same thing happen lol...except it was enough to buy a new Macbookyuekit
- word, i bought a fender p-bass deluxe a turntable and some more drugs. simpler timeswoowahesque
- sted4
Anti-virus software creator John McAfee has been charged in the US with conspiracy to commit fraud and money-laundering.
Authorities said McAfee and his bodyguard, Jimmy Gale Watson Jr, exploited McAfee's large Twitter following to artificially inflate prices of "altcoins" through a so-called pump-and-dump scheme, and concealed payments McAfee received from start-up businesses to promote initial coin offerings.
https://news.sky.com/story/anti-…- Did he eat his dick yet?AQUTE
- ^ lol context?GuyFawkes
- http://dickening.com…sted
- ESKEMA0
Norwegian energy giant Aker forms bitcoin unit, Seetee, with a cap­i­tal­i­sa­tion of roughly $58 million. It will invest in bit­coin as its trea­sury as­set, invest in bitcoin projects and companies, and set up bitcoin mining operations.
"Our first purchase was 1,170 BTC and our strategy is to hodl."
https://twitter.com/Seetee_io/st…His letter to shareholders is quite good:
https://www.seetee.io/static/sha…
- grafician0
"Bill Gates Says that Bitcoin is bad For the Planet"
"Bill Gates is targeting Bitcoin for the accessive use of Planet Energy for validation of its transactions.
In a live-streamed Clubhouse session, Bill Gates, Microsoft's co-founder and chair of the Breakthrough Energy Ventures Investment Fund said Bitcoin swallows planet energy due to the highest transactional energy consumption:
“Bitcoin uses more electricity per transaction than any other method known to mankind, and so it’s not a great climate thing,”"
- He just jelly cuz bitcoins compete with his 5G covid vaccine human control device LOOK IT UPnb
- Do you know how much energy you "wasted" by sharing this post? https://www.energuid…zaq
- Bill Gates is jelly of ESKEMA and Bennn because he didn't invest earlier in Bitcoin like they did!Krassy
- Next up: Bill Gates hates NFTsKrassy
- Meanwhile at Microsoft...utopian
- I think in a couple of years all that energy will be generated by wind and solar.uan
- A lot of electricity is wasted every time Bill Gates says something to the publicnb
- atm chinese are forcing the miners to move to other regions...at some point the industry will figure out, that the need to invest in solar and wind to make...uan
- their industry work.uan
- @zaq QBN broadcasts are more valuable than any crypto coin, LOOK IT UPgrafician
- he should stick to making it snow in TexasGuyFawkes
- "accessive use" of "Planet Energy"?? who the fuck wrote this?sarahfailin
- lol krassyNairn
- He should explain how a digital currency can work that doesn't use high amount of electricity?shapesalad
- Proof of work has to be hard to be secure + ledger editing requires multiple players = will need lots computing time = need high amount of electricity.shapesalad
- ^there isn't a single crypto currency used as digital currency, can you stop with this lunacy lolgrafician
- Spell check, WTF! excessivedbloc
- how much energy does cooling the azure datacenters need and how much engery does microsoft exchange servers on a global scale waste in therms of efficiency?api
- ^bitcoin mining uses more than all the datacenters in the world, while offsetting nothing!grafician
- @api many if not all major datacenters incl. google/ms/apple/etc. all are carbon neutral, are you that ignorant or?grafician
- ********-2
Just spent 2 hours trying on Coinbase and they dont accept any of my credit cards wtf is going on with them?
what a waste of time.
wahhh :(
- They think you’re a criminal?NBQ00
- they take debit not CC'sGuyFawkes
- fuck I think it was account and routing, I forgetGuyFawkes
- Yeah tried 3 debit cards wtf is up their systems arse?********
- customer service bot "Lando" will get right on that service requestjonny_quest_lives
- they wouldn't accept my disney dollars eithersarahfailin
- Bot hasn't responded in 3 hours lol********
- maybe buying a speculative coin with credit isn't ever a good idea?shapesalad
- Post your cc number, I will try and see if it works for me.zaq
- probably your bank denies the payment request from that merchsted
- those suns of bitches********
- sted is correct.
Revolut denies payments to CB, for example.Continuity - lol, clowns using platforms that don't even trust them, what a joke, you deserve itmonospaced
- You sure that horse is high enough, mono?Continuity
- grafician-3
Bitcoin is a mouth hungry for fossil fuels
"I think the story of Bitcoin isn’t a sideshow to climate; it’s actually a very significant and central force that will play a major role in dragging down the accelerating pace of positive change. This is because it has an energy consumption problem, it has a fossil fuel industry problem, and it has a deep cultural / ideological problem.
All three, in symbiotic concert, position Bitcoin to stamp out the hard-fought wins of the past two decades, in climate. Years of blood, sweat and tears – in activism, in technological development, in policy and regulation – extinguished by a bunch of bros with laser-eye profile pictures. I’m worried, and I want to explain why."
- what's the eco foot print of a medium sized countires Fiat use? All materials used in coins, notes, transporting, storing, computers, plastic cards, ATMs,shapesalad
- Electricity used at bank branches and offices, all the office equipment, staff, etc etc... if you compare the total ecological footprint x100 years,shapesalad
- i think you'll find a crypto currency would use less electricity. Maybe not bitcoin as it's not best optimised for large vol transactions.shapesalad
- Especially better if the coins are minted using renewal electricity, like in Iceland.shapesalad
- It could drive the investment in renewable energy. Miners need to find more efficient energy sources as mining becomes harder, or the cost won't justify miningBaskerviIle
- Could countries in on the equator in Africa, who have huge amounts of solar energy, benefit from this and become winners in solar powered mining efforts?BaskerviIle
- @shape again, just for you:
no crypto coin is a currency! none! not one!
You use $ to buy Bitcoin, do you even get that?grafician - @Basker why would we spend ALL that energy on crypto which is useless tech instead of using it for other stuff?grafician
- Milan1
Meanwhile, banks:
- Oooh. Chip technology!Continuity
- Flimsy membersfuturefood
- Projectile4
- Corporations are just large collections of individuals.shapesalad
- ^ with most of the money and decision making being done by a small elite groupProjectile
- not quite true shape. individuals are protected when messing up while working for a corp.uan
- NBQ00-8
lol, so I matched with a cute French woman on Tinder and we were supposed to meet tomorrow for some casual fun.
She actually works in Blockchain tech/ company. So I jokingly wrote her on Whatsapp “Be my Bitch-coin.”
And she blocked me. I’m such an idiot.
- Teach medrgs
- smoothGuyFawkes
- Wow. you need lessons on being decentnb
- "Stop stealing my moves!"palimpsest
- I thought French women had dark humorNBQ00
- In your mind, how did you see it going?DaveO
- I thought she'd write a crying laugh emoji or something. Didn't think the word bitch is being taken literal or serious these days. When in a joking context.NBQ00
- Um.
'Bitch' has always been one of the most insulting things to call a woman.
I think you need to be re-parented.Continuity - lmfaosea_sea
- yea imo, you can't just call anyone a bitch unless you have history with them and that level of intimacy has been established. lolsea_sea
- i've quickly changed my mind about people, men and women as soon as they cross that line with me.sea_sea
- I didn't call her a bitch. It was supposed to be a silly dumb joke and thought she'd be more open minded.NBQ00
- 'thought she'd be more open minded'
I see. So it's partly her fault, then, that you're a knuckle-dragger, according you.
You're really shitty.Continuity - Oh god, Continuity. Please don’t cancel me.NBQ00
- I'm not doing anything to you that you're aren't already doing to yourself by apparently being a misogynistic caveman.Continuity
- So I jokingly wrote her on Whatsapp “Be my Bitch-coin.”.... sorry but all she read there was "bitch". better luck next time?sea_sea
- Yeah I guess no more dumb jokes. Everyone is offended by everything these days.NBQ00
- NBQ, you don't even realize how off your view of women is. Figure out how to be platonic friends with women- then you will begin to see them as people.sarahfailin
- You don’t know me sarah, so please don’t go all SJW on me. I’m very respectful to women but also sometimes a bit edgy and make dumb jokes.NBQ00
- 'Everyone is offended by everything these days.'
Imagine, someone who got called a bitch by someone who wants to stick his cock in her is offended. Shocking.Continuity - It was supposed to be a naughty “Be my valentine” version and because she works with Blockchain/ Bitcoin.NBQ00
- why you being a lil' bitch about it NB?sea_sea
- Ur a complete and utter fucking tool. The fact you come on here bragging about "matching" with a "cute French girl" for "casual fun" exemplifies what a completeKhurram
- Ur a complete and utter fucking tool. The fact you come on here bragging about "matching" with a "cute French girl" for "casual fun" exemplifies what a completeKhurram
- and utter fucking tool you really are.Khurram
- see what i did there? just sayin'...sea_sea
- Cont, don’t be a cunt. I did not call her a bitch. I wrote “Be my Bitch-coin”. Jesus Christ, bring on the pitchforks on me. Whip me for I have sinneth.NBQ00
- ...making a bad joke/ word-play.NBQ00
- She wasn't mad you were calling her a bitch, which you were, she was mad you were joking about Bitcoin.palimpsest
- Fuck you. You caled her a bitch, and not only do you know it. And it's no-one here's fault — and certainly not the woman who rightly blanked you — that ...Continuity
- ... you're not only either too stupid or too badly raised to realise it, but you also try to deflect the blame for your failings on her.
Get fucked.Continuity - You’re so uptight, Continuity. Grab a beer and relax a bit. I don’t blame her at all. I made a dumb joke and thought she’d be cool about it...NBQ00
- Whatever you say, PUA Bro.Continuity
- ...cause it was meant to be a word-play on Bitcoin and a naughty be my valentine version. Whatever. The outrage-culture. Oh the humanatee.NBQ00
- You are eye-wateringly stupid.Continuity
- She blocked because you're clearly a loser. Don't worry, you can turn your life around. First: learn how to interact with people and learn what a joke is.nb
- what's most bizarre is how you thought it may turn out any other way than it has.fadein11
- You’re making a big fuss about it. This is the outrage culture we live in now. Getting offended by everything. Rock n’ roll is over.NBQ00
- lolfadein11
- I really thought I could share a little stupid funny story on here and then I get outrage-SJW-response... As if I care much that she blocked me.NBQ00
- Was a stupid joke, I thought she’d be cool about it but no. Oh well, I won’t meet her. It will be another one and I guess I should make less dumb jokes nowadaysNBQ00
- Especially to not offend the fine knights of QBN.NBQ00
- Bitchcoin IS funny. You only placed it way too early.SimonFFM
- Not trying to attack you NBQ. Trying to help you understand. Other people's feelings are valid - you would do well to understand them better.sarahfailin
- How about "be my Doge" would she offended by it? If she asked what u mean you could say that you love Doge position with laugh cry emoji.Beeswax
- It was way too risky way too early and you know this hence why you called yourself an idiot.********
- show her this post, she'll laugh and forgive you :)_niko
- Yes Stoic & Simon, that’s what I mean. Hence I wrote “I’m an idiot”. But we don’t need to make such a big fuss about it as if I just murdered somebody.NBQ00
- Sounds like it'd far better responded if you actually murdered someone and wrote about it here. Glad she blocked you, she'd bore you to deathBeeswax
- all these bitches downvoting you on whatsapp and morning forest runs.. don't worry dude, i bet it's the same girl with multiple accountscoleridge
- i'm with simon, too soon man.renderedred
- Yes apparently https://www.youtube.…NBQ00
- Just my 2cent as a French guy, but I don’t think the tinder catch phrase thing people do here work there. We’re not into small talkdyspl
- And cheeky -and kinda cheesy- one line openers are not a thing either.dyspl
- lol, you called her a bitch dude, it's not even in the realm of naughty valentine stuffmonospaced
- I did not call her a bitch, you bitch. Lol. I wrote “Be my Bitch-coin.” Not “You’re a bitch.”NBQ00
- LOLpango
- Maybe she was thinking if this is how you act when you don't even know her yet, what more you would do later?pango
- Ya can't blame her for not having the kind of humour you were expecting her to have. Was all on you buddy.pango
- And French tend to see American people as kinda trashy-frat especially after the last 4years. You just played right into that stigma....dyspl
- P.s. so you're saying you didn't call her a bitch but instead you want her to be a bitch. For you? *Slow claps* lolpango
- It's just funny that you're thinking you've rustled jimmies and are a victim of cancel culture. I think the consensus is you lack game and don't get women.garbage
- Literally and figuratively.garbage
- ^^Exactly, you're such an un-calibrated, sexually frustrated chode, the fact that you think you were going to have a casual encounter, is what's most hilarious.Khurram
- And it had nothing to do with your "bitchcoin" joke. You reek of a desperate horny guy who doesn't have sex. And you come here with your "humble brag". Right.Khurram
- I mean seriously, imagine how much of a loser you must be in life, that you come on a forum like this, daily, looking for validation.Khurram
- "I almost fucked a French hottie guise! Check me out!! And she was FRENCH! You know they're up for it! Oooh lala!"Khurram
- Anyways. Thx for the laughpango
- Hey man, if I called any female friend of mine bitch thirty years ago I would get my ass kicked. Joke or notoey_oey
- Nothing to do with everybody gets offended by everything nowadays.oey_oey
- People Git offended before too but more people are listening to them nowoey_oey
- even if you got close enough that doesn't mean that joke would work anyways, too soon or notoey_oey
- Weird times nowadays, having to respect people.oey_oey
- You will do better next time. But maybe no baguette jokes eitheroey_oey
- Seriously!!!... who uses WhatsApp! And yeah maybe t'joke would have worked had you said *you* wanted to be her 'bitchy-coin'... whatever that is.shapesalad
- The reality could be she was a bot and was never even real. Did you have a video chat with her?********
- NBQ's french hottie:
https://steamuserima…_niko - NBQ's french hottie (part deux):
https://thumbs.dream…******** - Ok, I’m going to read 72 side notes. Brbmaquito
- I think even my wife would’ve told me to fuck-off, even if she would’ve got the joke of me being a dick, blah.. You went too far.maquito
- However, it’d been a fine pun if you were some sort of stand-up comedian with certain “permits”, instead of some random jerk with an insulting pick up linemaquito
- Hahaha lol. Anything else?NBQ00
- remember to wear clean underwear.pango
- Is this the most commented post?SimonFFM
- Not yet Simonoey_oey
- Why don’t people have a sense of humour anymore?Chimp
- Ask Continuity and KhurramNBQ00
- Fuck yourself.Continuity
- lolNBQ00
- that went well hahahasted
- grafician-4
You just can't distinguish Bitcoin crypto people from the likes of Trump supporters, antivaxxers, Qanon drones, anymore...
Bitcoin resembles a cult at this point.
- Confirmed by downvotes.palimpsest
- This is a true and valid observation either if you downvote or not.grafician
- I'm not talking about Bennn here trying to get into a little crypto action, talking about the moguls and crypto gangsters and miners and that whole bunchgrafician
- The envious will upvote...gonzalle
- Few better ways to launder moneyGnash
- not sure who you hang out with, but have not experience that comparison. Unless you're just relating btc to 4chan or some outdated rubbish.inteliboy
- thank you grafician, lolBennn
- kingsteven0
Was going to give my old graphics card to a mate who's building a gaming pc. 3 y/o Radeon 580... Just checked and the particular model going for 400 noop used because it's a staple of farming rigs... Gonna sell it and my current Vega 64 (which has depreciated by over half what i paid already) and get a 3070, Thanks farm bros!
- jonny_quest_lives2
"It is my opinion that Bitcoin is a failure. Worse than that, it's a disaster.
The pseudonymity of coins being owned by the bearer of some cryptographic key is a failure; People have been eavesdropping and
aggressively analyzing the block chain from day 1. And the block chain will always be there, it will always be public, and it will always be
subject to further analysis. And we are learning that analysis of that record is sufficient to destroy any pretense of anonymity or pseudonymity.The scarcity of block chain space has led people to re-invent every last feature of the banks they thought they were going to be escaping.
Including debt brokering (lightning network) and fractional-reserve banking, starting with the case of Mt.Gox and continuing to ventures
today by "responsible" businesspeople who just don't get, or don't care, or both, that the entire reason the system existed, as far as the
early adopters were concerned, was to get away from exactly that. They have made Bitcoin into a debt-based system like any other; as long as
the "exchange" holds your keys for you, there is no obligation for them to maintain assets equal to the deposits. You can't prove that they are, or aren't, maintaining sufficient assets until after those assets are spent and the evidence appears in the block chain.And it's useless for small transactions. Had it been deployed to a market the size of, say, a college campus it could bear the load and
the bidding for block space wouldn't exceed the value of most transactions. But had it been deployed to a market the size of a college campus, the small pool of miners available would make mining bursty and unstable, and the block chain therefore not well protected
from tampering. Same could have happened to Bitcoin early on, which is why Satoshi was mining like crazy and jumping on when needed to prop up
the block rate and back off again when the blocks were coming too fast.And that brings us to mining. Bitcoin mining has encouraged corruption (Because it's often done using electricity which is effectively stolen
from taxpayers with the help of government officials), wasted enormous resources of energy, fostered botnets, centralized mining activity in a
country where centralization means it's effectively owned by exactly the kind of government most people thought they *DIDN'T* want looking
up their butts and where the people who that government allows to "own" this whole business work together as a cartel.There's a pretense of monitoring the network to guard against a 51% attack, but to me it seems pretty clear that what they're guarding
against is merely the mistake of the cartel failing to give the latest warehouse full of miners a distinct network identity. The whole idea of proof-of-work mining is broken the instant hardware comes out which is specialized for mining and useless for general computation because at that point the need to have compute power for other purposes is
absolutely irrelevant in having any effect on mining, and there ceases to be any force that causes mining to be distributed around the world.
It becomes a "race to the bottom" to find where people can get the cheapest electricity, and then mining anywhere else - anywhere the government tries to make sure ordinary people actually get the benefit from electricity bought for tax money, for example - becomes first pointless, then a net loss.Mining is f***ng broken, and ASICs make it actively work against a significant number of its design goals.
So, Bitcoin was a good effort, it deployed some new ideas and technology, and showed that at some scale the "block chain" idea worked, but ultimately, although a successful proof of concept, failed
to deliver. It doesn't scale, except by becoming the very thing it was supposed to replace.The more scalable the network becomes, the more centralized it becomes, until ultimately a "scalable" cryptocurrency would be doing things exactly the same way as a credit card processor."
-Ray Dillinger
- sted2
- oey_oey15
Excuse me Sir, is this the bitch-coin thread?
- be my ethergina babyfadein11
- LOL!oey_oey
- I want to penetrate your blockchain.Khurram
- I hope you wrote that with a Sean Connery accent like I did when I wrote to her.NBQ00
- Stop cock blocking my blockchain OEY!utopian
- Looolscarabin
- LOL @ Sean Conneryoey_oey
- dogecoiin waifurenderedred
- XD this why I love u all lolsea_sea
- ESKEMA0
- The guide might help out some of you understand bitcoin a bit better. https://bitcoin.desi…ESKEMA
- I can't find the cyber hornets section... is it in the footnotes?jonny_quest_lives
- it's in the fuck you sectionESKEMA
- Unfortunately that violates the Content Guidelines while both a command and concise it doesn't motivate me to think critically.jonny_quest_lives
