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Tipote
petty crook and transvestite


Registered: 10/28/11
Posts: 5,410
Loc: UK/France/US
Last seen: 8 months, 18 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Atomsplit] 1
#28126225 - 01/05/23 05:11 PM (1 year, 23 days ago) |
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yeah over time i find price is one of the least interesting aspects about bitcoin.
i think a lot about decentralised energy production and just the implications of having a money that can't be printed out of thin air.. fascinating.
I am bitcoin only after realising that everything else is too centralised to truly be considered decentralised.
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War is Peace, Freedom is Slavery, Ignorance is Strength
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 23 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Tipote]
#28126318 - 01/05/23 06:18 PM (1 year, 23 days ago) |
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My primary exposure is to Bitcoin with Ethereum a close second, together they comprise ~70% of my total crypto exposure.
I definitely feel that bitcoin is the most straightforward and arguably best way to obtain exposure to the asset class, particularly on account of its innate resistance to any regulatory authority.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills] 1
#28126334 - 01/05/23 06:26 PM (1 year, 22 days ago) |
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I'm currently watching for and expecting bitcoin to gain dominance and have a face melting rally leaving alts in the dust
-------------------- Within You , Without You
      
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Hikeadellic
Fungi Fan



Registered: 08/31/20
Posts: 1,227
Loc: Appalachian Trail
Last seen: 7 hours, 39 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#28126702 - 01/05/23 11:02 PM (1 year, 22 days ago) |
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Hey Geo, I know this may be off topic, but why did you change your profile pic? It seems a lot less like your personality. I still always love to hear your input on things though!
I still think we are due for a small pump around this level.
I would not touch anything that is not btc though
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 23 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Hikeadellic] 3
#28126979 - 01/06/23 08:15 AM (1 year, 22 days ago) |
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Well I had the christmas cannabis leaf from decades ago up for December, figured I'd try ol' hammy on for size, since I've been enjoying a lot of jamon serrano recently...


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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Atomsplit


Registered: 01/16/21
Posts: 1,505
Loc: SAB
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills]
#28127337 - 01/06/23 01:22 PM (1 year, 22 days ago) |
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That's an impressive hunk of jamon Geo! I've only seen Jamon in Spain.
NOM!
Cute puppy too!!!
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 23 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Atomsplit] 1
#28127377 - 01/06/23 01:49 PM (1 year, 22 days ago) |
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I have a Spanish brother in law, spent time solo with his family when I was a young teenager and have loved jamon ever since. Costco carries the whole legs seasonally (December) by Noel, imported from Spain and fully salt cured (no nitrates/nitrites), minimum 14 lbs (the one pictured above is 17 lbs), including a stand and knife, for $99. I've gone back in January in years prior when they had overstock, and scored the whole shabang for a ludicrously cheap $25. Even Costco's full price is a steal though, as you'd be hard pressed to find a leg like this for less than $300 elsewhere in the States. Costco also occasionally carries 3oz sheets of sliced iberico de bellota that they offer for around $15, which is a hell of a good deal as the best price I've found elsewhere is ~$120/lb.
I also saw this year, for the first time, a cured iberico lomo (loin piece). Didn't buy it as I already had one at home. 
Tienda.com has good Spanish products if you can't find them locally, and if you get on their email list, you can routinely score 20% discounts (although they make you pay 2 day shipping on all perishables, which ends up at like $50+ for shipping alone).
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills]
#28127990 - 01/06/23 06:45 PM (1 year, 21 days ago) |
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Daily charts are breaking out
Weekly resistance is next
-------------------- Within You , Without You
      
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Spaghetti burrito
Stranger

Registered: 05/09/22
Posts: 57
Last seen: 1 month, 17 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu] 1
#28128184 - 01/06/23 08:30 PM (1 year, 21 days ago) |
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I am now a jamon maxi
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Spaghetti burrito]
#28128292 - 01/06/23 09:17 PM (1 year, 21 days ago) |
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Now is likely going to be one of the last chances to grab for these prices and catch this little run assuming this chart continues to look strong and hold support and doesn't break down
Take it with a grain of salt
-------------------- Within You , Without You
      
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CrunkSkull
Veteran Lurker
Registered: 11/20/22
Posts: 2
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: CrunkSkull]
#28128495 - 01/06/23 10:52 PM (1 year, 21 days ago) |
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Monero maxi checking in  check out my first post from about a month ago and look at the chart
Edited by CrunkSkull (01/06/23 10:53 PM)
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: CrunkSkull]
#28130084 - 01/08/23 01:46 AM (1 year, 20 days ago) |
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Grt up 11% or something last 24hr
-------------------- Within You , Without You
      
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#28130106 - 01/08/23 02:36 AM (1 year, 20 days ago) |
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5 year chart for bitcoin dominance
I'm going to build my btc in anticipation of the next BTC rally
Looks to me like this could be bottom of that chart
-------------------- Within You , Without You
      
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gopher
Coffee Bean Extraordinaire



Registered: 11/22/17
Posts: 12,996
Loc: Canada
Last seen: 30 minutes, 25 seconds
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#28131775 - 01/09/23 06:36 AM (1 year, 19 days ago) |
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Why is this a stupid idea?
-------------------- For most of the normies out there, an operating system is just a bootloader for Google Chrome. Since Disney has obtained tremendous value from the public domain, knows how important the public domain is, and is firmly determined to never contribute anything to it. My pronouns are He and Him, and my adjectives are Fat and Jazzy
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
Posts: 23,417
Loc: city of angels
Last seen: 6 hours, 23 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: gopher] 1
#28132083 - 01/09/23 11:19 AM (1 year, 19 days ago) |
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I suspect taking out a loan to leverage yourself +90% on PAXG will subject your account to a high probability of liquidation, whenever PAXG's price drops (not to mention the interest rate expense on the loan that you'll have to pay for as long as the loan is active).
Leverage in general is not something I recommend using outside of very short term positions with clearly defined risk. Keep in mind that almost without exception, the major crypto blowups we've been seeing over the past year in crypto have occurred due to an inappropriate/excessive use of leverage. Leverage cuts both ways, so although it may facilitate outsized gains when you are right on the trade, you can also lose your money faster than ever when you're on the wrong side of the trade! If you don't have an excellent understanding of the product you are using, in addition to strict risk controls, employing leverage will ultimately lose your money.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Enkidu
"No-Such-Person"


Registered: 07/09/16
Posts: 10,698
Last seen: 6 months, 10 days
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: geokills]
#28132494 - 01/09/23 04:39 PM (1 year, 19 days ago) |
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Took some profits earlier
-------------------- Within You , Without You
      
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Enkidu]
#28133267 - 01/10/23 07:37 AM (1 year, 18 days ago) |
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Snap out of your bitchcoin euphoria people 
Quote:
According to Digiconomist, as of Sept. 15, 2022, a single bitcoin transaction required 1,390.49 kWh, the equivalent of power consumption of an average U.S. household over nearly 48 days.
Suppose you buy 1 satoshi, get cold feet and sell it again.
Congratulations! You just wasted 2781 kWh.
This represents 2,391,800 kcal of energy
it cost the world 240 liter = 63 gallons of oil to generate that energy.
In agriculture it could have generated enough food to sustain 1 human for 100 days at 2400 kcal a day.
trees.org could have taken the $1000 electricity cost and planted 4,000 fruit trees which is the onset of a whole foresrt garden.
It didnt happen,
You flipped a satoshi back and forth, so you could cash out another investor's money before he could..
-------------------- Omnicyclion.org higher knowledge starts here
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tomnl
Beginner



Registered: 06/16/08
Posts: 1,635
Loc: Under the shroom
Last seen: 5 hours, 26 minutes
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante]
#28133302 - 01/10/23 08:20 AM (1 year, 18 days ago) |
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Quote:
Asante said: Snap out of your bitchcoin euphoria people 
Quote:
According to Digiconomist, as of Sept. 15, 2022, a single bitcoin transaction required 1,390.49 kWh, the equivalent of power consumption of an average U.S. household over nearly 48 days.
Suppose you buy 1 satoshi, get cold feet and sell it again.
Congratulations! You just wasted 2781 kWh.
This represents 2,391,800 kcal of energy
it cost the world 240 liter = 63 gallons of oil to generate that energy.
In agriculture it could have generated enough food to sustain 1 human for 100 days at 2400 kcal a day.
trees.org could have taken the $1000 electricity cost and planted 4,000 fruit trees which is the onset of a whole foresrt garden.
It didnt happen,
You flipped a satoshi back and forth, so you could cash out another investor's money before he could..
Koinos is the way🏡
-------------------- Been away so long I hardly knew the place Gee, it's good to be back home Leave it till tomorrow to unpack my case Honey disconnect the phone I'm back in the USSA You don't know how lucky you are, boy Back in the US Back in the US Back in the USSA
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: tomnl]
#28133317 - 01/10/23 08:54 AM (1 year, 18 days ago) |
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Bitcoin is just too costly to the world.
if we can do it at 0.1% of the cost, we must.
-------------------- Omnicyclion.org higher knowledge starts here
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Forrester
aspiring sociopath


Registered: 02/05/13
Posts: 9,351
Loc: Northeast USA
Last seen: 24 days, 14 hours
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Re: Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects [Re: Asante] 2
#28133426 - 01/10/23 10:17 AM (1 year, 18 days ago) |
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Quote:
Asante said: Bitcoin is just too costly to the world.
if we can do it at 0.1% of the cost, we must.
How much does $17000 worth of gold cost to mine?
-------------------- Repugnant is a creature who would squander the ability to lift an eye to heaven, conscious of his fleeting time here. ------------------- Have some medicinal mushrooms and want to get the most out of them? Try this double extraction method.
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