Bitcoin
Bitcoin
- Started
- Last post
- 2,673 Responses
- drgs8
- Have you ever realized that your charts indicators and predictions never work? :)NBQ00
- lolsted
- damn that made me laugh :))sted
- 2022 nuclear winter :)sted
- The long term ones kind of work, from one month ago:
https://www.qbn.com/…drgs - I base all my buying and sell decisions on this charts! worked great last year.uan
- the timing is the only thing that doesn't work,...I just do a visual pattern comparison and use it like a trend, not hard data.uan
- https://i.imgur.com/…palimpsest
- trying to understand technical analysis, came to the conclusion it's like astrology or any other pattern recognition thing works also. So i took drgs' charts.uan
- Dont take them literally, like uan says.
I think we bounce from just below 40k, something like 39kdrgs - Buy low, sell high.palimpsest
- https://i.imgur.com/…drgs
- I started balding a few years ago until I got started on those charts, now I have a full head of hair and I can get laid again, thanks drgs!GuyFawkes
- Perhaps it's a good time to buy soon.Chimp
- You aren't listening, never buy when its good. Only buy when you feel like shit, get high when selling it.sted
- *this is not a financial advicested
- M01XXX8
lol
- oliver's number 1 in my bookhelloeatbreathedrive
- What a talented cast the show Community had. It's still a shame that show ended the way it did.MondoMorphic
- loooool @ his beanie baby comparisonscarabin
- They got 6 seasons! Just short of a movie.pango
- Thanks for the reminder. I missed the last one.CyBrainX
- cool!renderedred
- This was great. A few of my friends are going bitcoin crazy. Its driving me nuts.desmo
- Make sure you dont chicken up your nugs.cannonball1978
- qoob7
- TLDR?sarahfailin
- Crypto is going to 0 because governments will issue their own stable digital coins to spy on everybody (like Facebook Diem coin), China already started, etc.grafician
- @sarahfailin lame assumption spiced with conspiracy theory.
0 concept about why financial regulations exist, and how they get applied outside fascist regimes.sted - @sted did you just went and downvoted all my posts? LOLgrafician
- go for a walk.sted
- If crypto goes to 0, some other virtual open pyramid scheme will need to be invented. Crypto is first and foremost entertainment, like all gambling isdrgs
- But within this niche it has no contenders (at least for me)drgs
- Crypto is more than 'entertainment' given how financial behemoths have jumped into it. This is something different. More disgusting than tulips, CO2-wise.Nairn
- . o O ( now, if some crypto behemoth could invest Bns in $profit$ in fusion for future mining costs, then I'd call it quits )Nairn
- get it and get out.utopian
- I closed the video when he said BTC is private and you can't track it. geeeBeeswax
- If BTC goes to $0.00 is that because $1usd deflates to be equivalent in todays money value to $1m?shapesalad
- Anyway... BUY THE ALMIGHT DIP. Can't wait to get some BTC for $0.00000000000000000...shapesalad
- scarabin15
- zaq7
Bitcoin again is all over the news. It's great to see that it's still relevant today. But I have to admit I am disappointed what it has become. I hoped that it would be more than a speculation platform.
As I already posted on QBN my involvement with Bitcoin started almost a decade ago. At that time 1 btc was worth a couple of dollars. I mined and also joined a pool, but it was painfully long. It was almost impossible to acquire btc some other way. First service that I am aware in US that allowed to exchange fiat for bitcoins was Dwolla, but for some reason they flagged me and I wasn't able to buy them. At that time ( 2011) my wife opened a crêperie in DUMBO, Brooklyn. So I got an idea and convinced her to start accepting Bitcoins. Thus becoming one of the first physical location to accept Bitcoins.
https://twitter.com/Ocrepes/stat…
also check out the deals at that time :)
https://twitter.com/search?q=ocr…
First Bitcoin conference kicked off from our cafe.
Here is a story of our first bitcoin transaction and surrounding mystery around that https://news.ycombinator.com/ite…Anyway as I mentioned above I became disappointed of where it was going, so I donated my bitcoins and moved on to pursue some other endeavors. About one of them you can read here https://www.qbn.com/reply/397083…
Although I was preoccupied with something else, I continued monitoring blockchain space. I'd like to share my observations.
What I hoped would become of Bitcoin is now taking place by Ethereum. As a platform it has more possibilities. Although Bitcoin in price most likely will go up to $50K, the most interesting stuff will happen on Ethereum. DeFi, Stablecoins, DAOs, are few interesting applications. But what peeked my interest most is NFT. Not many people can see that, but it has great potentials beyond gaming.
In fact I started to work on something that I am excited about and planning to launch a pilot on QBN.So monitor this space for an announcement from me.
- Yeah I don't get why it's nearly 30K and you still can't use it to buy stuff in a store.NBQ00
- Bitcoin = Gold,
Ethereum = Oilzaq - early on it seemed full of potential... you had uk banks payment systems near collapse requiring government bailout.jonny_quest_lives
- in a digital age transferring money bank to bank should incur no costs to account holders it's just data... but banks were are profiting of transfers...jonny_quest_lives
- so a self reconciling/valiidat... payment transfer independent of banks seemed optimistic... then libertarians got involvedjonny_quest_lives
- libertarians and griftersjonny_quest_lives
- one one hand it brought investment into blockchain and helped to spun altcoinszaq
- Bitcoin is useful for escorts due to being rather anonymous (receiving and giving).SimonFFM
- Interesting, thanks for sharingBennn
- It's pure gambling. I haven't heard of the "usefulness" of it in a while, just the price. Looking at the stock market, overall, though and it makes sense.formed
- No solid argument can give credence to where any of the markets are now, it's all speculation.....'poo... will happen sooner or later, it always does.formed
- It’s market value has no bearing on whether it is accepted as legitimate currency. Same reason you couldn’t use a beanie baby to pay for a car.monospaced
- you can't buy a car with stock either.inteliboy
- suremonospaced
- drgs6
- How is this not artdrgs
- haha amazing.inteliboy
- pew pew!!!monospaced
- Now it all makes sense.NBQ00
- MACD FTWspunji
- needs anime emojipinkfloyd
- finally a convincing visual representation of the upward trend! buy buy buy and HODL!Krassy
- what people always forget is that bitcoin's price moves in 3 dimensions.sarahfailin
- When you ask your teacher... "When will this Algebra Come in handy"pockets
- yuekit12
Best part of the crash is watching all the crypto "experts" who were endlessly optimistic (and pretended they could predict the price) come to terms with the fact that they no idea what they're talking about at all.
- lolpinkfloyd
- Same with Brexit in some ways? Surely digital cryptocurrencies must be the future of the financial markets??Ianbolton
- well, maybe the future, but they first have to be considered real currencymonospaced
- Bennn4
lol
my initial investing is currently almost totally vanished!Cryptoz are so fun they said, invest in cryptoz they said.
- say see ya in 5-10 years to that moneysted
- You did know it may be risky?fadein11
- How much did you invest? Any serious money or just few hundred bucks?NBQ00
- He invested Bennnn amounts ;) If i remember correctly, a solid 2-40% was lost in transaction fees alone.monospaced
- What else did "they" sayyuekit
- just a few hundreds, was testing and learning the thing. never again.Bennn
- my initial 3 digits investment is now 2 digits. lolcano!Bennn
- but it's supposed to make you a millionaire according to McAfeeKrassy
- Glad to hear you only invested 3 digits. It's a completely unregulated market so there's zero protection against all the usual scams.The_Reprisalizer
- bitcoin is great for buying drugs. thats about itautoflavour
- Unregulated? Yeah. THAT is the issue. Lol.monospaced
- Should have given me the money. I would spend it well.pango
- Thoughts and prayers.shapesalad
- drgs6
- The kid don't play
If there was a problem
Yo, I'll solve it
Check out the hook while my DJ revolves itutopian - Those certainly are numbersscarabin
- Spectrogram of burrito to fartgarbage
- I appreciate these charts.inteliboy
- what would an ecology friendly person do?neverscared
- buy buy for the bye bye to your boss. Just layer out over xmas.shapesalad
- BTC proving once more it's only good for speculation lolgrafician
- Has always been. Even if all of crypto was to crash some day, an alternative will be inventeddrgs
- Really doubt that. Fed and Govs move with a delay, but when they cut, it's all over.
But hey at least you'll have China's digital coins to "invest" ingrafician
- The kid don't play
- Projectile3
Explain something to an idiot please:
Why is crypto so fucking energy intensive, and can it not be redesigned to NOT be so bad for the environment?
Even from a purely financial POV, if you could come up with a green-friendly coin, Elon would jump on it, promote it and you'd be rolling in money!
I, and millions of others, would love to jump on board if not for the environmental impact.
- Yes, they're working on it / some coins already purport to have it. Difference is currently essentially 'Proof of work' vs. 'proof of stake'Nairn
- there are a bunch, bitcoin and other proof of work systems are particularly bad because the 'nodes' prove they are secure to the network by continuallykingsteven
- processing data. there are even orgs like energy web who's aim is to use the blockchain to make energy markets themselves more environmentally friendlykingsteven
- i'm not a fan of bitcoin, which is the worst major cryptocurrency in just about every aspect except securitykingsteven
- Ethereum 2 coming, more green.
There's coins like Tezos which are far far greener.microkorg - There already exist eco-friendly coins (IOTA, NANO etc), but no one cares about them, because no one is interested in using crypto to begin withdrgs
- Thanks y'all. What would be the most eco friendly one that's worth investing at the mo?Projectile
- ETH 2 was postponed AGAIN ofc
maybe 2022
LOL always a year ahead...grafician - they are tryin it to make work of stake for years... it will never happen. all the upscaling of bitcoin to mass use is fake anyway... u have to build millionsneverscared
- of atomic plants... the whole operation is
utter nonsense.neverscared - Like, it's not even processing anything worthwhile. If they were burning through millions of games of Minesweeper *then* it would be useful.face_melter
- People who mine Ethereum should be beaten.i_was
- Ok Captain Planet, what areas of your life have you reduced energy consumption?Hayoth
- so should racists, so pick a number and someone will get to you soon.face_melter
- ^what the fuck are talking? what racism has to do here?i_was
- The Tezos 'greener' currency has been taken up by the NFT world 'cos of HicEtNunc and other platforms being a success.microkorg
- ..so I'd bet on that over other green currencies.microkorg
- Ppl don't want to realise that if you switch crypto with...tictacs or anything really the system still works, it's basically IOUs
Crypto is nothing specialgrafician - its very special in being anti-eco friendly https://www.bbc.com/…neverscared
- why does encryption have to be so... ENCRYPTED?sarahfailin
- LOL thanks Hayoth. I have solar panels that charge my house + car. You?Projectile
- drgs6
This could happen, I'm serious as cancer
- how much would it be at the top?
160K?
Not so sure about the timing though...not seen one prediction yet that actually got the timing right.uan - Yes.shapesalad
- rhythm is a dancer, btwdrgs
- you can feel it in the airESKEMA
- But, more importantly, is rhythm a dancer?Nairn
- it's a source companion, you can feel it everywhere.sted
- all i can feel in the air is toxic co2 emissions and lots of heat.neverscared
- oh ffs, I missed yoru follow-up psot, drgs.
and, fuck you - I've had that stuck in my head for the past half hour now...Nairn - I anticipated your questiondrgs
- Rhythm is a dancer....I'm serious as cancer when I say rhythm is a dancerutopian
- will crash on friday.neverscared
- how much would it be at the top?
- Krassy3
Bitcoin sinks after Elon Musk says Tesla will not accept the digital coin for transactions
https://finance.yahoo.com/news/b…
- cryptocurrency is "decentralized" Suuuure. LOL. ONE guy posts a tweet and crypto value drops 10%.Krassy
- It’s not a conspiracy. It’s just some smart whales who sold at the peak on the news. Anyone who thinks it can go up indefinitely is a fucking clownmonospaced
- it IS decentralized.monospaced
- the concept behind it is that it's decentralized, yes, but in reality, whales like Elon Musk can manipulate the value, making it not so "decentralized"Krassy
- I think it’s naive to think that the whales are few and limited to people like Elon. There are a lot out there, and they are global. Elon is a strong voice heremonospaced
- His company’s decision (not only his, OBVIOUSLY) caused the sell. It’s not like he was the one who sold and caused this.monospaced
- if it hits 43k someone needs to d a wellness check on Michael Saylor.jonny_quest_lives
- Elon the stooge has a obsessive compulsive disorder, a megalomaniac, and is narcissistic just like Trump.utopian
- @mono "some smart whales who sold at the peak" IS a conspiracy LOLgrafician
- @utopian you mean the man changed his mind when the markets are down, Tesla needs currency and crypto is monopoly moneyz?grafician
- @grafician : no. Elon the stooge has a obsessive compulsive disorder, a megalomaniac, and is narcissistic just like Trump.utopian
- In other words, how much did you lose this time utopian? LOLgrafician
- No it isn’t. Bitcoin is at all time high. Company starts trend of rejecting Bitcoin. Sell at peak and pocket earnings to buy at lower price later.monospaced
- It’s NOT a conspiracy. It’s just people taking advantage of the Bitcoin market, which anyone can do if they want. It’s just selling on news.monospaced
- Anyone following the space knows what news like this will do to stock price. At least enough to take the bet.monospaced
- He only learned about the environmental impact now?NBQ00
- And maybe he can stop tweeting about crypto and doge coin for a while now.NBQ00
- silicon valley dumb fucks...livin in their bubble, which will highly likely go up in fire with their shitty co2 planet burning crypto shit.neverscared
- It'll be fun when he suddenly announces that "Bitcoin is green enough now"
The king-of-tech social-media personality here is the only "authority figure" withneverscared - the leeway to say that
*By saying it isn't, he crowns himself as the guy who can say that it isneverscared - bitcoin never can be green, that's why it has a limited shelf life as opposed to othersfadein11
- how folks don't think he, like everybody knew that both were on the way out and is just having fun?kingsteven
- Pump and dumppablo28
- Non-mined coins like Nano are pumpingdrgs
- chukkaphob7
Bye bye, $3.5k
- sayonarainteliboy
- bitcoin gifs and nudes is all you do?ridg0026
- and the occasional fox news parroting.inteliboy
- down down down, yikespinkfloyd
- buying looks good, too bad power consumption is now a major limiting factorjaylarson
- Should bounce heredrgs
- bounce at 2kinteliboy
- 2k comes laterdrgs
- what happened to hodl?shapesalad
- protip: don't get stock tips from designerspinkfloyd
- I see a super sharp drop comingpinkfloyd
- but that's just a guesspinkfloyd
- I predict that it will either go up or go downKrassy
- drgs7
- why not, seems to be the model for the thousands out there already._niko
- lol upwork and freelancer.com are full with crypto projects but this is something special :)sted
- Classic pump and dump strategy. Millions of shares (coins), invisible in off-shore accounts, ready to flood the market as the price starts to ramp.monNom
- can never guarantee #7Krassy
- It’s the future guise. Don’t get left behind like you did with the interwebz when you said it was lame! Crypto is da best just give it 10 years! Buy now.monospaced
- least we forget https://uetoken.comshapesalad
- Reads like Michael Scott pitching Scarncorn.garbage
- Bennn4
DOGE Coin is +32% since 24h
- i'm insted
- it just jumped to +76%Bennn
- its a real cryptocurrency by the way :)Bennn
- Someone sent me some on Reddit years ago... wonder what it's worth now.yuekit
- check it outBennn
- lol $746.53Msted
- now dropped at +18.52%
See how fun is Cryptocurrencies :D
It goes straight up and straight down every minute.Bennn - now +55.56%
:D :D :DBennn - its price is so low, smallest change in decimals is 3%drgs
- It's fake like everything in the internetsi_was
- when you cash it, its real thoBennn
- This is a novelty coin- no real use, but to gamble off Shiba
inu lovers.BH26 - does anyone accept this as a form of payment?scarabin
- how is this a currency? it's just like collecting beanie babiesscarabin
- lolmonospaced
- How can someone who professes to do the most psychedelic drunks be the most small minded and ignorant?set
- Drugs lol not drunksset
- Did scarabins username get hacked? Seems like everything he posts lately is retardedset
- set? he asked a question...
where they use gocoin or coinpayments dogecoin is accepted.sted - there are services like CoinGate which allow you to pay with any coins, at current rate of course
https://coingate.com…drgs - set, every post here about alt coins has been about making more USD, not about using them as currency. surely someone as #woke as you can see thisscarabin
- i love the idea of crashing the federal reserve as much as you do but it's simply not what's happening in practicescarabin
- HEY! Don’t crush my dogedream man!!pango
- drgs0
16700 USD lol
https://www.coinbase.com/charts- A friend bought at around £3k apiece earlier this year. So now he's earned $50k this year from that alone? What am I doing with my life?detritus
- *bought three at $3kdetritus
- Good for them, thats great.R_Kercz
- Yeah, he's my best chum, so I'm merely irritated :) Esp. at myself as I distinctly thought we were near peak when he bought them. I'm an idiot.detritus
- just like gambling, it's only worth what you walk away withmonospaced
- Yyyyeah, I know. I loathe gambling, and am inherently distrustful of things I don't fully grok, so have remained wary.
More fool me though!detritus - I was bemoaning my inability to fully understand ETH with said friend y'day - he said "what's so hard to understand? [insert incorrect blockchain explanation]"detritus
- ...which is why he's rich and I'm not, I suppose!detritus
- Well, not so much incorrect, rather "a wholly veneer-level of understanding - more an awareness of terms than actual comprehension"detritus
- $19,120.00zaq
- Shit's fucked updrgs
- its really crazy. The coins that have popped up after BTC are superior in every way.dorkKn1ght
- Retro QBN...QBNer angry he sold @ $140 4 years ago
http://www.qbn.com/r…yuekit - So many regrets.section_014
- Going parabolic.monNom
- :...(WhiteFace
- It's ok, whiteface. You have.. erm.. us.detritus
- There is a story about this dude who mined 15.000 BTC in the early 2010 before it took off. He sold early. As the price approached 1000 he became more withdrawndrgs
- 5000 USD -- his family could not get hold of him. 10.000-- suicide.drgs
- https://cryptowat.ch…sted
- bought 10 bitcoins at $475- a couple years ago, now worth over a 100kutopian
- serious utop? fuck me congrats!fadein11
- Let's put our heads together -- how to hack utopian?drgs
- not worth anything until you dump themmonospaced
- "Hookers and Cocaine"...I will be dumping 5 bit coins tomorrow, and deal with the taxes for 2017.utopian
- lol. enjoy.fadein11
- C:\scripts\attackBTC...drgs
- I like that mono has echoed my 'winnings mean nothing until you leave the casino' sentiment in about 3 other threads now lolset
- nah man, just here ... someone else said it about PonyBoy's brother in the other threadmonospaced
- I wasn't even echoing you, it was pure coincidence that we were saying the same thing to different people and activitiesmonospaced
- zaq7
an interesting fact worth mentioning here, the very first Bitcoin conference kicked off from Ocrepes cafe ( one of the first physical locations that accepted Bitcoin, that also happened to be my project )
- shapesalad5
$60k taken out.
The start of 2020 it was under $6k.
- I told y’all!nb
- But honestly I was talking out of my ass, to some extent.nb
- https://gfycat.com/a…nb
- Glad you got yours.monospaced
- Be prepared for taxes. Cheers.monospaced
- Well done. Move to Belize, Caymans or Monaco and don’t pay taxes.NBQ00
- Puerto Rico! (less anyway)GuyFawkes
- Mf qbn elite wants to raise taxes on everyone then warns you about paying taxes. SmhHayoth
- Hookers and Cocaineutopian
- How much were the fees to take out the money ?i_was
- Y’all misreading this. OP just posting the approx pricenb
- "qbn elite wants to raise taxes on everyone then warns you about paying taxes"
How is this in any way counter to what a decent person would suggest?Nairn
- Gnash10
- Fixed!palimpsest
- yup!Krassy
- read up on it though.inteliboy
- zarkonite3
Treasury nominee Yellen is looking to curtail use of cryptocurrency
Yellen argues many cryptocurrencies are used "mainly for illicit financing."
https://arstechnica.com/tech-pol…
"Cryptocurrencies could come under renewed regulatory scrutiny over the next four years if Janet Yellen, Joe Biden's pick to lead the Treasury Department, gets her way. During Yellen's Tuesday confirmation hearing before the Senate Finance Committee, Sen. Maggie Hassan (D-N.H.) asked Yellen about the use of cryptocurrency by terrorists and other criminals.
"Cryptocurrencies are a particular concern," Yellen responded. "I think many are used—at least in a transactions sense—mainly for illicit financing."
She said she wanted to "examine ways in which we can curtail their use and make sure that [money laundering] doesn't occur through those channels.""
- Welcome to socialism.palimpsest
- not good news for crypto, could push some people to sell in fear of somethingBennn
- Ok boomer, try to restrict a globalise decentralised currency. “Oh Yelly, you’re needed, printer jam in Fed’s mint.”shapesalad
- Thanks BidenGuyFawkes
- Hasn’t government issued ‘cash’ been used for illicit purposes throughout all of its existence? Crypto will always be a drop in the bucket in the big picture.prophetone
- If a government can ban crypto, then what's the point with crypto?drgs
- it would be good to come up with a stable crypto currency just for buying drugswoowahesque
- I hear drug dealers and terrorists use cel phones too.BH26
- Cellphones don't call people, people do.palimpsest
- Not too worried. I'm looking at my Bitcoin investment as a 4+ year ride. It's not going away.nocomply
- a the historical crux of Bitcoin... everyone wants it to be worth X amount of dollars/euros... Usually the higher the betterjonny_quest_lives
- yet no one wants the regulation /infrastructure and when asked why the price is going up everyone shrugs and yells have fun staying poorjonny_quest_lives
- miners have hard costs, equipment and electricity... those daily costs far exceed the money entering the market...
i'd venture a guess Michael Saylor's influxjonny_quest_lives - of Microstrategy Money evaporated within a monthjonny_quest_lives
- here's the Bitcoin Whitepaper... I hear Craig S. Wright is claiming he holds the copyright on it now and wants people to take it offline:jonny_quest_lives
- https://bitcoin.org/…jonny_quest_lives