Cryptocurrency
Cryptocurrency
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- Hayzilla4
In November 2020 I bought..
£1,000 Bitcoin
£100 XRP
£50 HBARTotal: £1,150
In November 2022 I have..
£504 Bitcoin
£61 XRP
£24 HBARTotal: £589
- scarabin7
- Bro'sdoggydoggdog
- from toxic co2 to toxic mcdonald farts..neverscared
- at least they have a jobuan
- still they stay in the same lane when it comes to eco destroyingneverscared
- https://www.bloomber…neverscared
- Hey Crypto Bro isjagara
- Bennn2
I started mining. Currently making around 150-250$ /month
- revenue or profit?sarahfailin
- dont know precisely yet. But electricity is really cheap here.Bennn
- What are you mining, Bennn? BTC, LTE? I'm staking a few different alt coins with APYs ranging from 5% - 12%.MondoMorphic
- Bennn gonna get a second Lambo!Krassy
- Thanks for ruining the planet and best of luck.grafician
- Sweet, tell us moreGuyFawkes
- Are you buying up all the GPUs or are you doing a gaming laptop off to the side 24/7 kind of thingGuyFawkes
- Which currencies Benn?Wolfboy
- iam using NiceHash and Iam using my main PC while I use it (0 problems) and a dedicated gaming PC who only mine. I also started mining HeliumBennn
- dont worry grafician, i dont have those big rig that take shit ton of electricity. My rig is ultra small and doesnt take much. Also, its hydro electricity hereBennn
- Does profit fluctuate or disappear if the value of the coins you mine plummets?monospaced
- and the heat that my computer produce are heating my office a bit. And my main PC is sitting by a window and will get chill all winter by natural cold.Bennn
- ha! that is the ONE vaguely justifiable use case for crypto generation energy wastage - heating your home.Nairn
- So you're mostly heating your home and calling it mining crypto, got it LOLgrafician
- OkBennn
- Is $150 before or after your electric bill?monospaced
- Don't let 'em bust your chopsGuyFawkes
- Where im at power's cheap tooGuyFawkes
- drgs7
May 5
- autoflavour5
GAH.. everything is going down.
$750 down at the moment..
lame- buyAQUTE
- byeNBQ00
- buy_me_
- https://www.youtube.…_me_
- *poof*formed
- sold my BTCCalderone2000
- Wake up...time to diei_was
- Krassy5
Crypto is "Decentralized?" Nah, it's more like "centered around Elon's Tweets." He sends a tweet and the sheep follow in herds.
He is playing god and enjoying it.Power to the people? Yet crypto value is manipulated by the wealthiest person on Earth? Ironic, no? Am I missing something?
I dunno. What's happening is all very hype-y and surreal.
Not sure how all this will play out long term.
- to address your last point: the rich will become richerimbecile
- he is expert in ai,industry,producti... can crunch all those numbers in a ml black box.uan
- It'll be a drop. not now. Learn to deal with it.isaca
- I don't think anyone claimed crypto is going to bring about equality. The originators were libertarians who believe in a Ron Paul or Ayn Rand sort of worldview.yuekit
- Decentralized however is a different issue. In order to make good on decentralization there needs to be a further step where exchanges are eliminated.yuekit
- Truth. There's no way something that can so easily be manipulated will ever last.formed
- The decentralization and ease of transfer is great, the lack of any backing /control /stability is a killer.formed
- ^ .Krassy
- Krassy6
FTX founder Sam Bankman-Fried arrested in the Bahamas after U.S. files criminal charges
https://www.cnbc.com/2022/12/12/…
- doggydoggdog1
I put $5k in last fall into Etherium, Doge, Shib, and Bitcoin. It went up to $8k, then down from there. I had $1,400 last week, but now it's $1,100.
Should I sell?
- You only lose when you sell.palimpsest
- On what exchange?grafician
- Diamond handscrazyprick
- To the moonContinuity
- 1. That money wasn't yours anymore from the start
2. selling that will help crash the crypto market fastergrafician - Buy The Dip Brahutopian
- Buy high, sell low. It’s the qbn wayquamb
- $700 on Robinhood. $4,000 on Coinbase.doggydoggdog
- Buy $3,900 to break even.palimpsest
- Doge and shìb !? Wow. Sell eth, doge and shin for Bitcoin. Stick key on ledger or trezor and forget about it for a few years.shapesalad
- it's all on sale now. Buy buy buy. YOu'll be filthy rich soon. Don't miss out. Everyone else is doing it.Krassy
- neverscared0
wow so much decentral
- https://www.wsj.com/…neverscared
- is this all you do all day? fixate on shit you don't like?inteliboy
- only if iam affected by it through enviromental destruction.neverscared
- what are decimal places?shapesalad
- its also two dumbass questions u come up with.. but i wouldn´t expect it different from a cryptobro.neverscared
- but i guess u like that numbers a lot.. are u one of the 0.01% ? otherwise u must be not the brightest....neverscared
- that's not what centralized/decentra... means, thoughmonospaced
- one of the meanings. the meaning when argument of power of a few with fiat money comes in play in comparison with crypto..the centralisation of power is worseneverscared
- the btc decentral stuff is pretty crap . considering theres one ledger.neverscared
- Techno feudalismgrafician
- "fixate on shit you don't like?"
hate is an equal source of dopamine as love, two perfectly human emotions, embrace your shadow sidedrgs - Centralized banking means one entity produces and distributes all money. Has nothing to do with who holds most of it, unfortunately.monospaced
- Bitcoin is mined by people everywhere, therefore it's not centralized. It's traded freely on many exchanges, also not centralized. Sorry :)monospaced
- i hope u have some data to back that up mono.. paper states that the production is centralizedneverscared
- https://papers.ssrn.…neverscared
- 50% of mining from 0,1% of miners.. tell me how you would call that except central ?neverscared
- hate is a strong word... i don´t like it is better .. the greed and ecological destruction part i should hate i guess.. because its so toxic.neverscared
- 10% controlling 90% of production... would not call that decentralized production .. but if u think it is ...go ahead.neverscared
- lol, back up THE definition of a centralized bank? I don't have to.monospaced
- Just because some miners have the majority doesn't mean it's centralized or that they are controlling thingsmonospaced
- This screenshot didn't say that 10% of miners "control" 90% of production. And if that's true, who's to say those 10% are connected?monospaced
- They certainly can't stop anyone else from minimng, and if they themselves stop mining, production elsewhere continues. Cheers :)monospaced
- “In circulation” lol WSJ represents the old guardnb
- but there is still hope ... like in a lot of the early btc are dormant and keys in posession of the coders. who can counter an attack by the fbi or other bad guysuan
- .01% is like 10,000 people.DRIFTMONKEY
- of course the coder could totally be a super evil guy with a master plan...let‘s see how it goes in the next yearsuan
- "U.S. officially the top destination for bitcoin miners, beating out China for the first time"grafician
- https://www.cnbc.com…grafician
- "One-third of bitcoin's hashrate is in the U.S., according to the Cambridge Centre for Alternative Finance, a 428% increase from September 2020"grafician
- So BTC CAN BE decentralised, BUT technically IT'S RATHER NOT!grafician
- ...in mining and also owning, pretty sure those 001% are mostly Americans
so yeah, keep arguing crypto is still "decentralised" in 2022 lolgrafician - would have guessed that mono is trashing experts .. since he is so proud when the coronavirus comes into.. but when the MIT says its centralised ..neverscared
- its not for you.... wouldnt have guessed i mean.neverscared
- fuck the researchers then .. i back what they found out... u back some fantasy numbers .neverscared
- its the concentrated technology power of course.. thats why 10% mine 90%... ,neverscared
- I'm not trashing experts. I'm just disagreeing that it's centralized because. It certainly has some imbalance, but it's not central by strict standards.monospaced
- I certainly didn't present any numbers, fantasy or otherwise.monospaced
- Technically, ANYONE can mine BTC, there is no restriction on that like there is with actual centralized banks, that won't allow anyone else to print money.monospaced
- yes, u just blurted out some crap without numbers...neverscared
- with a few holding that much its not decentralized .. every idiot understands that.neverscared
- That’s more concentrated wealth than the 1% of affluent Americans who currently control about one-third of U.S. dollars, a figure that many have pointed to as aneverscared
- massive inequality. 100 times more than FIATneverscared
- What I "blurted" isn't crap. You're saying that the concentration is centralization, and I'm saying that's not the definition.monospaced
- The fact that anyone can mine isn't crap, it's a fact. That's the big difference from an actual centralized bank. Cheers.monospaced
- I'm not saying that your numbers are bullshit, either. Please don't make that misunderstanding.monospaced
- "The fact that anyone can mine isn't crap, it's a fact." - monospaced
then go buy a miner and let's see how much bitcoin can you mine on your own :)grafician - dont u get it ? the bitcoinbros always say they wanna replace FIAT with their systems because its decentralized in power.. turns out their own system is 100neverscared
- ^oh wait, you can't really buy ONE miner, you need to wait months or years to only buy thousands, that IF with the big chip shortagesgrafician
- times more imbalanced aka centralized to the top then the system they want to replace... the decentral stuff that eveyone can mine is useless in relation.neverscared
- @neverscared bro stop arguing with idiots like monoscaped, who only crash discussions to antagonise people without adding nothing usefulgrafician
- no mono is not an idiot...neverscared
- maybe just missinformed.neverscared
- yes, the mining is concentrated but the say its not.... brainwashing in 101.neverscared
- The concentration of miners is even more profound, data show. NBER found that the top 10% of miners control 90% of the Bitcoin mining capacity, and just 0.1%neverscared
- control 50% of mining capacity. https://fortune.com/…neverscared
- since you are so paranoid i feed u lying numbers . u can read them at the fortune article. or in the paper the MIT released.neverscared
- https://imgur.com/t/…_me_
- https://c.tenor.com/…neverscared
- i agree with _me_ , the age of the old people in expensives places in the theater ..symbolize perfect the old, aristocracy power structure now proofenneverscared
- by public institutions inherent in crypto.neverscared
- shapesalad3
https://www.nasdaq.com/articles/…
A Comparison Of Bitcoin’s Environmental Impact With That Of Gold And Banking.
Environmentalists take note: Bitcoin consumes/emits less than half of what the gold mining industry does, and less than one-fifth of what bank branches and ATMs do.
- In total yes, per transaction no. Mainstream adoption would mean x100000 current impactdrgs
- manufacturing the tools to run cryptocurrencies is highly energy consuming, involves toxic materials and others like GOLD.sted
- nice try shape u dimwit. proportions of scale in relations above your intellligence.neverscared
- trying every bullshit to keep the bitcoin anti- eco brutality alive.neverscared
- @neverscared i think that's true about the person who wrote that article, can't see why blame shapessted
- Just have a think.shapesalad
- Where did all this trust for banks come from all the sudden? Arent they responsible for all the wars and shit?GuyFawkes
- Crypto will evolve and get better, the banks had enough time fuckin everyone overGuyFawkes
- banks will enter the crypto market...but they will not use a public blockchain. look at china. the only purpose of central banks will be to provide cash...uan
- ...because of the feature of anonymity.
the fight banks vs crypto is just noise to keep us plebs busy during the transition.uan - @drgs they get the BTC figure per transaction by dividing the energy usage estimate by transactions do they not?kingsteven
- if you had 100x on the same sized network, each transaction would be 1% energy usage...kingsteven
- https://www.statista…drgs
- Longcopylover3
Does anyone know or use Strike? To send money or Bitcoin?
Asking for a friend...- wow. there are SOOO many of these companies now. the non-bank bank is all over the place. i saw ads for another new one in subway just yesterdayhardhat
- Yes, for me who is grown up with traditional banking and banking secrecy it's difficult to find one I would entrust my money.Longcopylover
- Strike is the one who onboarded El Salvador. Not available for me in Europe yet, but I really want to try it. Should become a top playerESKEMA
- try it out and post your findings :)ESKEMA
- Isn't this the scam they tried to pull on El Salvador? I posted about this before here bro, stay outgrafician
- https://www.qbn.com/…grafician
- do you know that you can send bitcoins using software wallets on both sides?uan
- software wallets, the apps are there to buy crypto or to trade crypto and also hold wallets for you. but you can move btc to any wallet through the network.uan
- is that hypothetic or you're currently using it?grafician
- I use it. to receive btcs or to pay in btc. apps only because they give you interest on the btcs you hold there.
or other apps for gambling.uan - Are you in El Salvador? or the US?
Because that only works currently in those 2 countries and uses USDT from what I've readgrafician - so what exactly BTC are you sending and receiving?grafician
- but it's good to have a wallet you control yourself. you can also get hardware wallets and put them in a safe if you are really wealthy and paranoid.uan
- It's actually a scam: https://davidgerard.…grafician
- I wasn't talking to your salvador whatever rant. that's different thing.
I was talking about sending btc to someone around the planet.uan - using the lightning network? that's something else entirely
so, do you want to discuss Strike?grafician - he said you don't need strike. you didn't read, assumed he was defending strike, asked two questions, then complained he wasn't talking about strike? incrediblekingsteven
- So you like to talk about crypto scams, alright my bad, will leave you boys to it lolgrafician
- the first principle of crypto... the enviroment is the enemy.. lets destroy it.neverscared
- neverscared3
- when u bring togehter degenerates ...neverscared
- Chump n dumpGuyFawkes
- Hell yeah.monospaced
- build a capitol on the moon then, so we can storm it ... aye mon then..neverscared
- Republicoinnb
- Coinservativesnb
- Alt-coin Rightnb
- coinvfefeneverscared
- The Grift that keeps on giving.utopian
- That shit might actually take off...jagara
- Imagine your parents trying to purchase MAGAcoin. They can’t even check their own emailscarabin
- @scarabin hahaha! Gah! the tech support involved XDjagara
- drgs3
A casual drop from 145 to 45. I still can't get used to this shit
I despise crypto. I hope everyone loses money
- But didn’t your messy charcoal & fractal indicators tell you what to do? :)NBQ00
- well... u did take a dart board throw at a random shit coin called Venus.inteliboy
- Not trading it, just looking over top losersdrgs
- https://twitter.com/…drgs
- Never heard of XVS, but only been in since Feb with BTC, ETH, ADA, BAT. VET, XLM, a couple more... buying more when this levels off.5timuli
- Next up MATIC, ALGO, DOT, LINK, ANKR, ONE, GET, LIT.5timuli
- and the wildfires havent even started now...thanks u cryptodouches.neverscared
- Should we check up on Bennn? Make sure he's OK?Continuity
- wish I had got into maticinteliboy
- This is fine as a pastime, with your own cash, but I would never “invest” for family or relatives or anything, not worth the risk._niko
- PonyBoy5
I still don't have a 'take' on whether I 'know / believe' crypto is here to stay ...no fucking clue... all I know is out of boredom about a year ago I put $700 into various crypto that were all somewhat popular / being utilized... my balance is currently @ $1,700.33... nope... $1,703.23... .... wait nope... $1,700.55... anyyyyway... think I'll hold on to it a while longer. <3
(quiet voice: this statement in no way, shape or form is me advocating for dice toss investing... just sharing my personal experience and typing lots of dots).
- eth up to £2.5k thomicrokorg
- ...pango
- Nice.monospaced
- Hey, it’s not a scam if you’re making the $.monospaced
- It's speculative gambling. As long as you recognize it for what it is, it's fine.formed
- _niko2
so something that was worth nothing was suddenly worth trillions for some reason and now it's worth nothing again and people are shocked.
- tulipsmonospaced
- The Argentina Peso?shapesalad
- wait what's worth nothing? btc and eth are worth quite a lot...inteliboy
- It’s all just what someone is willing to pay that determines “worth.” an intangible digital “currency” wasn’t worth anything until it was “sold.”monospaced
- ^+YakuZoku
- at least its eco friendly....https...neverscared
- https://www.greenpea…neverscared
- sure, if ya wanna play semantics. Though right now btc is worth $27k. People have been screaming it's death here since it was $2inteliboy
- Salty nocoinercrazyprick
- obviously some of the more stable coins like BTC are ok I guess, talking more about the million other scam coins on the market... and even then..._niko
- nobody can explain how anything really works or why. People spent billions on douchbags in hoodies sleeping on beanbags playing COD just because_niko
- @niko, not saying this to be argumentative, but this is all really explainable. It's a classic bubble, and it's been around for centuries.monospaced
- It's not semantics. Like graf won't STFU about, it's Monopoly money. It's not really valuable. It was hyped and given value and scarcity.monospaced
- Fact is, many people (including myself) bought and sold bitcoin for massive profits. It wasn't as "scam" until it collapsed. It helped paid for my house.monospaced
- Can't blame the cunts who bought at $50 and sold at $5k like I did. it was there for the taking. Only those who missed out are bitter really.monospaced
- No I didn’t profit that much. But not toooo far offmonospaced
- of course mono, but for every clever bloke like yourself, there were hundreds that lost their shirts, they bought into the hype and got put through the grinder_niko
- doesn't make it any less scammy just because people made money on it, people make money on pyramid and Ponzi schemes too_niko
- I think it's like sports cards. Cards had value traditionally because they were scarce, ones in good condition even more so. Legendary players were worth more_niko
- everyone wanted a Babe ruth or a Horus Wagner and it sort of made sense why their cards were worth hundreds to thousands. Then all of a sudden in the 90s_niko
- the market was flooded with hundreds of card companies putting out thousands of cards and driving up the value artificially, "investors" were paying dumb amount_niko
- amounts for common cards that were in abundance and inevitably the bubble burst and everyone lost money, so yeah your analogy to it being a classic bubble is_niko
- spot on but you can't deny all the unscrupulous players that were involved made this something closer to a Ponzi scheme_niko
- I get what you're saying. absolutely is a wasteland of scams and ponzisinteliboy
- I’m not saying it wasn’t a scam dude. I’m agreeing with you.monospaced
- All bubbles have people who profit and some who lose out. The HODL chumps.monospaced
- In Bitcoins case it goes beyond the 'what someone else is prepared to pay for it'. It has utility within a diversified portfolio.shapesalad
- It's a banking hedge. It's an inflation/fiat devaluation hedge. It's a trustless more easily transferred and 100% own able digital gold.shapesalad
- Gold has its utility, but some cons: Not easy to carry across boarders, heavy. Unless in your hands, you have to trust the issuer of it.shapesalad
- So if you have a full portfolio, hedging and covering all bases, bitcoin makes sense as part of that - which starts to impart value to it.shapesalad
- And if you are in Argentina, you want to get paid in Peso's or BTC? I know which I'd prefer.shapesalad
- Suremonospaced
- Salty, salty nocoiners.
Sent from my Lambo.crazyprick - was replying to niko not u monointeliboy
- wordmonospaced
