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who will track all the transactions?? there's no central bank that runs a data center, that's the entire story bout Crypto, that it is decentralised ... the miners are that datacenter.. if they loose incentive, and stop mining, then crypto dies with them. |
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Coinstar is still thriving.
I used it last week and broke even. |
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If you choose a gift card or credit for the store where the Coinstar is at....there is no cut.
Gotta love the cha-ching sound while your money is piling up. :D edit: the machine spits back the canuck coins.:confused: |
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Rut-roh ....
"It's probably just an afternoon thunderstom..." - Noah |
I just saw a quote for an exchange that has halted Bitcoin transactions ... the CEO in attempting to alleviate fears says....
"Funds are SAFU" .... intending to use an acronym that conveys they are "safe".... Mebbe he's never heard of SNAFU before :D |
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Honestly, my biggest issue here is if you are setting up the gen-sets from scratch, you'll need a fuel source that is cheap and you need to get all of the permits. County construction permits are easy. The problem is cheap fuel and the air-permit. |
The "issue" might be a "BIT" more flowery ... good gawd what a freefall today. It's not through either.... below 21K. The fragility of a tulip ... and just as valuable ... eventually.
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Nope, a tulips value never hits actual zero where crypto can.
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not entirely true, after the Tulip Mania the bulbs did hit zerovalue because of zero demand.
If you had a tulip bulb you could not sell it as nobody would pay for it. That , de facto means they have hit zero value. Couldn't eat em. Couldn't sell em. all you could do is plant em it's only slightly better then just throwing em in the bin, because if they came out you had a flower. But you had no money . People didn't buy flowers in those days You could get a flower back, not money. |
Fair enough, but at least the flower was tangible. A tulip was never worth less than a tulip, cause it at least exists. Even at zero, you had a flower.
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for few weeks, then it withers.
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and then again next year, given that they are perennials.
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Remember when people were claiming BTC was a good inflation hedge? LOL….how’s that working out?
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Now the question becomes: when does Bitcoin & co bottom out? Will it bounce back up again, and how long will it take? (Translation: is now a good time to invest in BTC?) |
I like little bit coins
real coins USA silver small change dimes quarters and 1/2's bet they never go near zero even worse case total disasters how much is a BIT coin worth when there is NO POWER grid heck ever copper has value these days |
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and ever grand frauds :rolleyes: |
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Hey the world always needs a way to buy guns and people in the internet, so don't count Bitcoin out.
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Some schmuck sueing Musk for baiting him into buying into the dogr coin pyramid scheme.
Finally some action. Gonna be interesting to see how that pans out in court |
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Now, you're looking at: (0.05*1582*1780)/6.25=$22,500 That's with your extraordinarily cheap $0.05 per kWh. |
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"Elon Musk, Tesla, and SpaceX are being sued for an astounding $258 billion—not a typo, that's billion—for running a pyramid scheme through the Dogecoin cryptocurrency. According to a Reuters(opens in new tab) report, the suit was filed by Dogecoin investor Keith Johnson, who accused Musk of using his wealth and position as CEO of the two companies to promote Dogecoin to drive up its price, before ultimately letting it fall." https://www.pcgamer.com/au/elon-musk-is-being-sued-for-dollar258-billion-because-of-dogecoin/ |
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Looks like the Bitcoin crash is now here - 18,846.90 USD and falling super rapidly...
-Wayne |
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It's hard to look away from a train wreck :D.... |
Gonna be a lot of idjuts out there who thought to ride it out, kept buying and will end up jumping off a ledge over this. Hard to be rich one day and a dirt poor sob the next.
The only reason it's not tanking to 0 right away, is idjuts who just buy more thinking it will rebound. |
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It’ll be there soon. :D |
I wonder where the super secret mysterious creator of BT got out at.
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"U.S. President Joe Biden signed a sweeping executive order on cryptocurrency on Wednesday, March 9, 2022. The order directs government agencies to coordinate on a regulatory framework for digital currencies. We want to help you make more informed decisions. 11 Mar 2022" https://time.com/nextadvisor/investing/cryptocurrency/biden-executive-order-crypto-expert-reaction/ |
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and (s)he managed to stay completely anonymous I would say that's the best way to run a ponzi/pyramid scheme That's where most big ponzi crooks failed : they were known |
Pleasant dreams to all the bitcoin investors. It always happens in the wee hours.
http://forums.pelicanparts.com/uploa...1655575492.jpg |
Hey Jordan Peterson touted me onto Bitcoin Crypto.at 65000... now it's less than 30000.... I turned a big fortune into a little one.
My 7000 Sq Mansion, Gulf Stream, 150 ft yacht, vacation house in LA Jolla, Bentley and Lambo all got repoed when I had to make a margin call. Now all I got left is a beat up old pu truck and am eating at Jack in the Box. Show less REPLY |
It's odd - on Reddit, there's a *ton* of chatter on the Bitcoin subreddit about how it's going to $10K. In the past several years, one *never* heard anything negative like that. Sentiment is definitely changing quickly!
-Wayne |
You heard it from me a year ago!
Pelican > Reddit |
The mining talk on here seems to all miss one large point, the algorithm is programmed to set mining time to roughly 10 minutes so it ramps difficulty up and down depending on number of miners. Therefore, there will never be a point where mining cost is higher than btc value. This is very basic knowledge of btc mining.
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