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Started By
Message
1
Posted on 12/4/24 at 9:35 pm to The Egg
That's crazy
Posted on 12/4/24 at 9:40 pm to lsu777
quote:
you fricks were shitting all over it 13-15 when wiki was telling everyone to buy.
He convinced me to buy.
I had enough to buy 20 coins.
After taking fricking forever to figure out how to buy it back then I gave up. Figured no one's going to use this shite if it's this hard to buy...
Boy was I fricking wrong.
Posted on 12/4/24 at 9:54 pm to The Egg
quote:It'll hit 110-115 almost immediately.
Speeding up still
103K
Posted on 12/4/24 at 9:55 pm to beaverfever
quote:
It'll hit 110-115 almost immediately.
Price discovery in a bull is a hell of a thing to watch.
Posted on 12/4/24 at 10:00 pm to The Egg
I’m in right around $30k after taking gains on the original run up.
I’m not rich off of it, but I’ll take my 300% gain
I’m not rich off of it, but I’ll take my 300% gain
Posted on 12/4/24 at 11:28 pm to Mingo Was His NameO
I’ve made more from BTC in the past 2 years than I made from my salary.
I’m not complaining.
I’m not complaining.
Posted on 12/5/24 at 12:15 am to SlidellCajun
quote:
And why not?
Because you aren’t intelligent enough to understand that something only has intrinsic value if consumers and market participants agree it does, and it doesn’t matter if that something is a dollar bill or a bitcoin.
Posted on 12/5/24 at 12:18 am to TheGooner
You should sell
Posted on 12/5/24 at 12:47 am to HailToTheChiz
quote:
You should sell
We’re going to the moon. You don’t jump off at 10,000 ft.
Posted on 12/5/24 at 4:05 am to LordSaintly
quote:
He’s a good poster
He’s really not
Posted on 12/5/24 at 6:22 am to The Egg
quote:
Wiki is a trillionaire
Right until the bubble bursts......AGAIN.
Posted on 12/5/24 at 6:25 am to Dragula
A bubble only bursts once. What you are a talking about are fluctuations on an overall very much upward trend
Posted on 12/5/24 at 6:36 am to The Egg
During Covid they increased the money supply by 40 percent.
It's no wonder that assets/inflation are going parabolic.
All of that money is looking for a place to go, at any price.
This usually doesn't end well
It's no wonder that assets/inflation are going parabolic.
All of that money is looking for a place to go, at any price.
This usually doesn't end well
Posted on 12/5/24 at 7:04 am to The Egg
Finally have enough money to get my penis enlargement
Gonna go from 3.5 inches to 5 inches.
I’m about to rock so many bitches worlds
Gonna go from 3.5 inches to 5 inches.
I’m about to rock so many bitches worlds
Posted on 12/5/24 at 7:11 am to The Egg
I'm was too late and too poor for Bitcoin now but I got in on XRP at $0.67 years ago. It's my only hope!!!
Posted on 12/5/24 at 7:19 am to BabyTac
The real question is: what is being done with all the processing power used to mine bitcoins?
I asked this question in CoPilot and received the following answer:
===================================================
Bitcoin mining requires a significant amount of computational power, which is provided by specialized hardware known as ASICs (Application-Specific Integrated Circuits). These devices are designed specifically for mining cryptocurrencies and are much more efficient than general-purpose computers1.
The processing power used in Bitcoin mining is primarily dedicated to solving complex mathematical problems to verify transactions and add them to the blockchain. This process, known as proof of work, ensures the security and integrity of the Bitcoin network.
However, the energy consumption associated with Bitcoin mining has raised environmental concerns. It's estimated that Bitcoin consumes electricity at an annualized rate of 127 terawatt-hours (TWh), which exceeds the entire annual electricity consumption of Norway3. Some efforts are being made to use renewable energy sources for Bitcoin mining, but it remains a significant challenge.
I asked this question in CoPilot and received the following answer:
===================================================
Bitcoin mining requires a significant amount of computational power, which is provided by specialized hardware known as ASICs (Application-Specific Integrated Circuits). These devices are designed specifically for mining cryptocurrencies and are much more efficient than general-purpose computers1.
The processing power used in Bitcoin mining is primarily dedicated to solving complex mathematical problems to verify transactions and add them to the blockchain. This process, known as proof of work, ensures the security and integrity of the Bitcoin network.
However, the energy consumption associated with Bitcoin mining has raised environmental concerns. It's estimated that Bitcoin consumes electricity at an annualized rate of 127 terawatt-hours (TWh), which exceeds the entire annual electricity consumption of Norway3. Some efforts are being made to use renewable energy sources for Bitcoin mining, but it remains a significant challenge.
Posted on 12/5/24 at 7:24 am to Mtwabp
So instead of insults which only make you look defensive, give some info.
How would I go about estimating bitcoins intrinsic value?
Or better and maybe easier for you, what do you think is a fair market value ?
And how do you know if I’m not intelligent enough to understand?
How would I go about estimating bitcoins intrinsic value?
Or better and maybe easier for you, what do you think is a fair market value ?
And how do you know if I’m not intelligent enough to understand?
This post was edited on 12/5/24 at 7:29 am
Posted on 12/5/24 at 7:40 am to thejudge
.
So you’re sitting on $2,000,000 in bitcoin!
You holding or selling?
quote:
had enough to buy 20 coins. After taking fricking forever to figure out how to buy it back then I gave up. Figured no one's going to use this shite if it's this hard to buy...
So you’re sitting on $2,000,000 in bitcoin!
You holding or selling?
Posted on 12/5/24 at 7:52 am to SlidellCajun
So the consensus is that it will continue going up? I truly have no clue if I should cash on my small amount of BTC or hang on for the ride
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