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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 46 minutes, 29 seconds
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27134073 - 01/07/21 08:59 PM (3 years, 21 days ago) |
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“As long as there’s an Internet, AOL stock will never be worth zero”
You may be right only because there are a lot of bitcoins that will never be traded due to lost passwords
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
Edited by koods (01/07/21 09:00 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: How the F do we not have a Bitcoin thread?!?! [Re: koods]
#27134076 - 01/07/21 09:00 PM (3 years, 21 days ago) |
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AOL was a shitty service not a currency
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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 46 minutes, 29 seconds
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27134080 - 01/07/21 09:04 PM (3 years, 21 days ago) |
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 46 minutes, 29 seconds
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Re: How the F do we not have a Bitcoin thread?!?! [Re: koods]
#27134085 - 01/07/21 09:06 PM (3 years, 21 days ago) |
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Those are worth 0.00061 cents
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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trees


Registered: 02/08/09
Posts: 9,194
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Re: How the F do we not have a Bitcoin thread?!?! [Re: koods]
#27134090 - 01/07/21 09:09 PM (3 years, 21 days ago) |
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Itll be interesting if bitcoin hits basically zero. I think it's a slim chance to bet on
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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 46 minutes, 29 seconds
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27134098 - 01/07/21 09:11 PM (3 years, 21 days ago) |
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Maybe someone can answer this question... who is going to process transactions when there are no more bitcoins to mine. Bitcoin transactions are increadibly resource intensive and short of the invention of consumer quantum computers, unsustainable.
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: How the F do we not have a Bitcoin thread?!?! [Re: koods]
#27134111 - 01/07/21 09:16 PM (3 years, 21 days ago) |
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The last bit coin won't even be mined until like 2140
So don't worry, you'll be long gone.
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PatrickKn


Registered: 07/10/11
Posts: 20,563
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Re: How the F do we not have a Bitcoin thread?!?! [Re: koods]
#27134118 - 01/07/21 09:20 PM (3 years, 21 days ago) |
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Likely, they will fork the existing network with a version that has either more bitcoins to mine and different resource requirements or some other model that promotes the existing upkeep of the ledger through a system of paying miners. On the original fork the last coin should not be mined until well after 2100 theoretically, though it may be forked earlier. Being decentralized, this means that mass adoption will have to take place. The miners will follow what's appropriate, but that doesn't mean the old network ceases to exist, just that it's not as valuable as the new fork on the market and possibly shunned by large trading websites.
Edited by PatrickKn (01/07/21 09:21 PM)
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trees


Registered: 02/08/09
Posts: 9,194
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Re: How the F do we not have a Bitcoin thread?!?! [Re: PatrickKn]
#27135736 - 01/08/21 04:37 PM (3 years, 20 days ago) |
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Koods you e missed out on the dip we were all staring at yesterday like deer in headlights, as bc is nearing 41k now
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koods
Ribbit



Registered: 05/26/11
Posts: 106,049
Loc: Maryland/DC Burbs
Last seen: 46 minutes, 29 seconds
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27135767 - 01/08/21 04:49 PM (3 years, 20 days ago) |
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Buy the next dip
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NotSheekle said “if I believed she was 16 I would become unattracted to her”
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27135768 - 01/08/21 04:49 PM (3 years, 20 days ago) |
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I just decided to put some money into a bitcoin ETF that owns like 2+ billion bitcoins.
A little bit of a cushion there, and much easier . Up about 10%
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trees


Registered: 02/08/09
Posts: 9,194
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Re: How the F do we not have a Bitcoin thread?!?! [Re: Fiery]
#27135899 - 01/08/21 05:49 PM (3 years, 20 days ago) |
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I dont think sitting on bitcoin is worth anything, I'm going to try my hand at this dip up game I think I'm going to put 1k on the line and experiment, but the main rule is to always sell off all bitcoin at the end of each day and never hold any overnight, or never hold bitcoin without your eyes on the price tickers. I'm going to make a goal to see if i skim 50 bucks profit each day. And I'm not worried about losing 1000 bucks, if it goes to shit I'll just have to wait and leave it in bitcoin form until it gets better again. Any sale of bitcoin should only be done if profit or breaking even is possible
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Edited by trees (01/08/21 05:56 PM)
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: How the F do we not have a Bitcoin thread?!?! [Re: trees]
#27135993 - 01/08/21 06:25 PM (3 years, 20 days ago) |
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Yeah but you can do about the same thing more quickly and easier through a bitcoin ETF and any online stock trading platform for free- no fees.
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Lophosaurus
suruasohpol


Registered: 08/09/07
Posts: 8,744
Loc: CA
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Re: How the F do we not have a Bitcoin thread?!?! [Re: Fiery]
#27136574 - 01/08/21 10:57 PM (3 years, 19 days ago) |
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Is $50 profit a day worth staring at the computer all day? Your best bet is to try swing trading and if you get left holding a bag then just hold it long term.
In other get rich quick schemes there is almost $1,000,000,000 being offered up in Mega Millions and Powerball together. I didn't win Mega Millions, but have 3 picks for tomorrow.
I'm also swing trading some Dogecoin right now. Getting back into BTC when it dips back to $20,000 area.
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Fiery
Sword of Fire


Registered: 12/24/12
Posts: 36,574
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Re: How the F do we not have a Bitcoin thread?!?! [Re: Lophosaurus]
#27136909 - 01/09/21 06:50 AM (3 years, 19 days ago) |
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Quote:
Lophosaurus said: Getting back into BTC when it dips back to $20,000 area.
IF it does.
Some people say it will triple
Honestly it's a gamble either way.
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Malcolm_Xtasy
Oh baby what Is you doin??


Registered: 04/04/12
Posts: 13,851
Loc:
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Re: How the F do we not have a Bitcoin thread?!?! [Re: Fiery]
#27137059 - 01/09/21 08:35 AM (3 years, 19 days ago) |
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I bought in at 17 and now it's at 41. Seems like easy money to me
-------------------- I'm stupid, Enlil is smart. I'm ugly, Enlil is beautiful. I'm a loser, Enlil is a winner. Someday, I hope to be like Enlil but secretly know I never will.
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trees


Registered: 02/08/09
Posts: 9,194
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Re: How the F do we not have a Bitcoin thread?!?! [Re: Lophosaurus]
#27137557 - 01/09/21 12:13 PM (3 years, 19 days ago) |
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Quote:
Lophosaurus said: Is $50 profit a day worth staring at the computer all day? Your best bet is to try swing trading and if you get left holding a bag then just hold it long term.
In other get rich quick schemes there is almost $1,000,000,000 being offered up in Mega Millions and Powerball together. I didn't win Mega Millions, but have 3 picks for tomorrow.
I'm also swing trading some Dogecoin right now. Getting back into BTC when it dips back to $20,000 area.
I dont think it will take all day to skim off 50 bucks. But that's my first experimental goal, to see that I can repeat this 50 buck skim many times without making mistakes. Then I'll go for 100 a day or 200 per day just using larger quantities of money. We'll see what happens.
This way I dont have to care what the price of bitcoin is at the start of each day, I only prey on the dip ups and downs no matter the price. Actually if the price of bitcoin drops more it means I skim off the money faster
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