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Posted on 5/13/21 at 12:33 pm to RobbBobb
quote:
BTC is not long for this world my friends.
Arent they now down $10,000 from their very recent highs? Its only just begun.
First time following the crypto market?
Posted on 5/13/21 at 12:39 pm to Aubie Spr96
They don't like people hedging money for safe keeping outside the dollar.
They want everyone to suffer during the inflation.
They want everyone to suffer during the inflation.
Posted on 5/13/21 at 12:53 pm to Aubie Spr96
Emperor's new cloths
Posted on 5/13/21 at 12:55 pm to Bmath
quote:
First time following the crypto market?
First time since there has been an open push for a govt backed coin, so yeah.
Posted on 5/13/21 at 12:56 pm to RobbBobb
Musk's comments bring Bitcoin down today? Steep drop.
Posted on 5/13/21 at 12:58 pm to HubbaBubba
quote:
Musk's comments bring Bitcoin down today?
Like a rock. I hear this bottom will be $39,000
Posted on 5/13/21 at 1:06 pm to RobbBobb
quote:
Like a rock. I hear this bottom will be $39,000
That puts it right around the 200 day moving average.
Posted on 5/13/21 at 1:25 pm to RobbBobb
quote:
Gotta clear that path for the soon coming GovCoin
Pair this with "Great Reset" style internet control and people will have little choice but to use government mandated crypto.
ETA: quotation
This post was edited on 5/13/21 at 1:28 pm
Posted on 5/13/21 at 1:27 pm to RobbBobb
quote:We've had multiple $10,000 drops from highs just in 2021.
Arent they now down $10,000 from their very recent highs? Its only just begun.
Posted on 5/13/21 at 1:40 pm to DesScorp
This post was edited on 6/14/21 at 9:48 am
Posted on 5/13/21 at 2:51 pm to Aubie Spr96
The Key to an Abundant, Clean Energy Future
quote:
"Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and are completely location agnostic, requiring only an internet connection. These combined qualities constitute an extraordinary asset, an energy buyer of last resort that can be turned on or off at a moment’s notice anywhere in the world."
Posted on 5/13/21 at 3:04 pm to JABRO
Best explaination I have seen;
BC for Dummies
quote:
To really understand mining, you first need to explore the world of blockchain technology. Here’s a quick overview: If you want to help update the ledger (transaction record) of a minable cryptocurrency like Bitcoin, all you need to do is to guess a random number that solves a math equation. Of course, you don’t want to guess these numbers all by yourself. That’s what computers are for! The more powerful your computer is, the more quickly you can solve these math problems and beat the mining crowd. The more you win the guessing game, the more cryptos you receive as a reward. If all the miners use a relatively similar type of computing power, the laws of probability dictate that the winner isn’t likely to be the same miner every time. But if half of the miners have regular commercial computers while the other half use supercomputers, then the participation gets unfair to the favor of the super powerful computers. Some argue that those with supercomputers will win most of the time, if not all the time.
BC for Dummies
Posted on 5/13/21 at 3:06 pm to DesScorp
quote:
LOL at the people that think Musk is some kind of secret right winger.
To be fair he really had a lot of people fooled on the Right last year.
He's just plain nuts. I don't trust any of his products.
Posted on 5/13/21 at 3:24 pm to JustAnAndroid
quote:
government mandated crypto
Cryptocurrency is ideally decentralized and censorship resistant. A government administered digital currency would be neither of those things.
Need to distinguish b/w a cryptocurrency and a government digital currency. Crypto will have to work within the bounds of "the system" for now unless proponents are ready to literally fight their government for it now. Culturally, it is not that point yet.
Posted on 5/13/21 at 3:30 pm to Bjorn Cyborg
quote:
What is the carbon footprint of the U.S. Treasury? Or even a company like Capital One? U.S. Stock exchange? Goldman Sachs?
Saw on Reddit that the world's 100 largest corporations are responsible for 70% of carbon emissions.
But we're supposed to give up beef. Rules for the proles, not for the Inner Party.
Posted on 5/13/21 at 3:36 pm to Douglas Quaid
Crypto in it's current form certainly is decentralized to a fair extent. However, I'm not talking about crypto only. I'm speaking of government controlled internet access. Kind of hard to move digital currency around with little to no access to internet.
I've heard a lot of talk about potentially implementing an ID system restricting internet access in response to massive amounts of cyber attack.
WEF Digital Identity
Cyber Ploygon
I've heard a lot of talk about potentially implementing an ID system restricting internet access in response to massive amounts of cyber attack.
WEF Digital Identity
Cyber Ploygon
This post was edited on 5/13/21 at 3:40 pm
Posted on 5/13/21 at 3:52 pm to JustAnAndroid
Ok. If it gets to the point of government controlled internet then all is certainly lost.
Posted on 5/13/21 at 4:05 pm to Douglas Quaid
Indeed
Posted on 5/13/21 at 4:12 pm to Aubie Spr96
you're reading this wrong.
Bitcoin competes with the US Dollar.
This administration is debasing the US Dollar by printing, but still needs to keep in bouyed as reserve currency.
TESLA CEO bet big on Bitcoin.
TESLA driver crashes in Houston, burns to death.
Commerce Secretary declares that the Administration "may open an investigation into the Houston incident" while wearing a romper.
TESLA CEO reverses his position, makes disparaging comments about Bitcoin, driving bitcoin down.
Buttegeig rethinks his "may open an investigation" comment, decides not to, still wearing a romper.
You paypul need to start reading between the lines.
Bitcoin competes with the US Dollar.
This administration is debasing the US Dollar by printing, but still needs to keep in bouyed as reserve currency.
TESLA CEO bet big on Bitcoin.
TESLA driver crashes in Houston, burns to death.
Commerce Secretary declares that the Administration "may open an investigation into the Houston incident" while wearing a romper.
TESLA CEO reverses his position, makes disparaging comments about Bitcoin, driving bitcoin down.
Buttegeig rethinks his "may open an investigation" comment, decides not to, still wearing a romper.
You paypul need to start reading between the lines.
This post was edited on 5/13/21 at 4:14 pm
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