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Dec 6, 2018 06:05
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| # ? May 30, 2024 02:24 |
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extremely normal poo poo going on the bitcoin price tracker right around now
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Dec 6, 2018 06:09
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Thread title is v good
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Dec 6, 2018 06:21
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Lote posted:Hey guys. Take a look at the Tether price. It’s down to $1USD = 0.965 tether. Volume is super low on the charts which is very bad and indicative that we may see some fireworks shortly. You may want to get your popcorn ready. Just want to link to the start of the crash. Nailed it. 
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Dec 6, 2018 06:38
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Booourns posted:Everything posted on the internet is true and happened On the other hand, nothing ever happens because everything is fake.
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Dec 6, 2018 09:03
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There are now 145 entire countries that use less energy than bitcoin, many of them developed nations - including Portugal, which has a population of over ten million people. One bitcoin transaction uses 560Kwh - as much electricity as nearly half a million debit/credit card transactions, and produces almost 275kg of carbon dioxide. That's the same amount as 28 average UK households use in a whole day. For one loving transaction. Given that there are about 40 million card payments made per day in the UK, if the whole country switched to bitcoin (ignoring the fact that this is literally impossible because bitcoin can't actually process transactions fast enough to make it usable) it would produce over 11 megatonnes of carbon dioxide per day - more than ten times the entire country's emissions. This is poo poo is a goddamn environmental disaster and there's no way it should be legal. Quote-Unquote fucked around with this message at 11:13 on Dec 6, 2018 |
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Dec 6, 2018 11:10
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Quote-Unquote posted:
It would be funny if in the end it's not all the illegal stuff which has been associated with Bitcoin which gets it shut down but its environmental impact.
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Dec 6, 2018 11:14
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Quote-Unquote posted:There are now 145 entire countries that use less energy than bitcoin, many of them developed nations - including Portugal, which has a population of over ten million people. Don't you know bitcoin miners only use electricity from clean sources?
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Dec 6, 2018 11:19
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Mahler posted:extremely normal poo poo going on the bitcoin price tracker right around now Yeah, back up to $3800 on a super-not-suspicious buyoff when it started diving.
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Dec 6, 2018 11:31
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You know, Bitcoin may have badly poo poo itself this year, but it's still no Bitcoin Cash: Down -97% since the start of the year.
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Dec 6, 2018 11:40
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Liquid Communism posted:Yeah, back up to $3800 on a super-not-suspicious buyoff when it started diving. Oh, you mean 3700, right?
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Dec 6, 2018 11:40
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Liquid Communism posted:Yeah, back up to $3800 on a super-not-suspicious buyoff when it started diving.  The rare Bart-Inverse-Bart contraction
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Dec 6, 2018 11:47
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It's me I'm buying it to raise the price just so I can watch it fall again
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Dec 6, 2018 11:53
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Liquid Communism posted:Yeah, back up to $3800 on a super-not-suspicious buyoff when it started diving. Whoever's doing it clearly doesn't have the resources to push it higher and keep it there for any length of time.
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Dec 6, 2018 11:57
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19 o'clock posted:Awwwwww yeah!!!! I'm working and I can't avoid laughing ahahha "I'm not the US mint or anything"
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Dec 6, 2018 12:12
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Toys For rear end Bum posted:
How can anyone look at this and not smell something fishy.
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Dec 6, 2018 12:30
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Darth TNT posted:How can anyone look at this and not smell something fishy. Your sense smell is bound to go after several years of getting high on your own farts.
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Dec 6, 2018 12:35
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Splode posted:It's me I'm buying it to raise the price just so I can watch it fall again you're doing god's work
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Dec 6, 2018 12:57
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Lolie posted:It would be funny if in the end it's not all the illegal stuff which has been associated with Bitcoin which gets it shut down but its environmental impact. The "get Capone for tax evasion" of the 21st century.
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Dec 6, 2018 13:05
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I miss bitconnect.
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Dec 6, 2018 13:10
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Dear bitcoiners your stupid poo poo is not working, you can stop now. we all know that environment is already turbo hosed but can you please unplug your energy wasters and maybe help a little ? please - angry hippie
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Dec 6, 2018 13:35
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imagine a dude yelling nonsense on the street corner while repeatedly punching himself in the dick and when confronted he smugly says "some time this will stop hurting and then you all are jealous" thats a bitcoiner
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Dec 6, 2018 13:39
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well i gave bitcoin a chance after all, but its not working  i just ran my microwave empty while keeping the fridge door open and yelled words like "hash rate", "satoshi", "moon lamborghini", "blockchain" and "community in the desert build around the blockchain" so why im not a billionaire now? what gives?
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Dec 6, 2018 13:53
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Lolie posted:It would be funny if in the end it's not all the illegal stuff which has been associated with Bitcoin which gets it shut down but its environmental impact. people are literally working on this meanwhile, the thing doing most work to drop bitcoin's emissions turns out to be - crashing the price! with 25% drop in hashpower just recently
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Dec 6, 2018 13:53
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Fagmaster posted:well i gave bitcoin a chance after all, but its not working I chuckled more than I should have imagining someone standing in their kitchen screaming HASH RATE while their microwave melts down.
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Dec 6, 2018 14:36
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bitcoin hash i was sitting in my room, late one night when my eyes beheld an eerie sight for my computer on the floor began to buzz i knew i was rich, how? it was because it did the hash, it did the bitcoin hash the bitcoin hash, it was an incel smash it did the hash, it crashed down in a flash it did the hash, it did the bitcoin hash from my futon mattress, smelling of yeast to the pizza boxes where i did feast i live like a king in my humble abode all thanks to the bitcoin code [chorus] Mozi fucked around with this message at 15:26 on Dec 6, 2018 |
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Dec 6, 2018 15:07
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Someone needs to rework graey alien's riddick post to buttcoins.
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Dec 6, 2018 15:18
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 It hits the magic number then goes back up again
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Dec 6, 2018 15:25
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What's with all these inverse barts in the chart
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Dec 6, 2018 15:27
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orange juche posted:Someone needs to rework graey alien's riddick post to buttcoins. EVERY DAY I WAKE UP AND OPEN PALM SLAM ANOTHER CARD THE RACK. ITS A GPU AND RIGHT THERE I START SEARCHING THE HASH ALONGSIDE MY FAVOURITE MINER, SATOSHI. I MINE EVERY BLOCK AND I MINE EVERY BLOCK HARD. MAKING WHOOSHING SOUNDS AS I DRY MY OWN STRAWBERRIES OR EVEN WHEN I SET MY CURTAINS ON FIRE. NOT MANY CAN SAY THEY STOOD UP TO THE GALAXY'S MOST DANGEROUS FUD. I CAN. I SAY IT AND I SAY IT OUTLOUD EVERYDAY TO PEOPLE ON THE INTERNET AND ALL THEY DO IS PROVE PEOPLE ON THE INTERNET ARE FIAT BOOTLICKERS. AND IVE LEARNED ALL THE ALTCOINS AND IVE LEARNED HOW TO MAKE MYSELF AND MY APARTMENT LESS COLD BY MINING EM ALL. 24 HOURS INCLUDING CASH OUT EVERY DAY. THEN I GRIFT I tried.
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Dec 6, 2018 16:30
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Quote-Unquote posted:There are now 145 entire countries that use less energy than bitcoin, many of them developed nations - including Portugal, which has a population of over ten million people. Those stats don't work. Thats is dividing the electricity by the amount of transactions. It fails to mention that the power used is securing all the coins ever mined. The computing power used to mine are simply updating the ledger every 10 minutes. Yes, that involves coins that are created, and transacted, but it also is securing and maintaining the coins that havent moved. It is the exact opposite of gold. In gold you have a mining cost to dig up the gold from the ground. Then you have transportation costs, security costs etc etc etc In bitcoin, that mining cost digs the coins up from the ground, it also verifies the transactions that are happening, and also works as a Fort Knox for every wallet ever created. Its a security system and payment network. To go and take the entire cost of mining and divide it by the number of transactions you are leaving out quite a bit of its value. Today, it costs approx $2.5 billion to maintain the bitcoin network annually based on current hash rate. The value of all coins is $68 billion right now. If nothing was transacted whatsoever you can say that it costs 3.6% per year to store your coins on the most robust security system the world has ever invented. Thats high in itself but thats leaving out the entire ability to transact these whatsoever.
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Dec 6, 2018 17:07
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I would blow Dane Cook posted:I miss Never forget.
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Dec 6, 2018 17:09
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EMoney posted:Those stats don't work. Thats is dividing the electricity by the amount of transactions. It fails to mention that the power used is securing all the coins ever mined. The computing power used to mine are simply updating the ledger every 10 minutes. Yes, that involves coins that are created, and transacted, but it also is securing and maintaining the coins that havent moved. oh, sorry. I forgot. I guess it's okay to be an ecological disaster if it keeps track of who owns how many imaginary pogs in addition to being a nigh-unusable imaginary pog-transfer system
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Dec 6, 2018 17:14
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EMoney posted:Those stats don't work. Thats is dividing the electricity by the amount of transactions. It fails to mention that the power used is securing all the coins ever mined. The computing power used to mine are simply updating the ledger every 10 minutes. Yes, that involves coins that are created, and transacted, but it also is securing and maintaining the coins that havent moved. This is so extremely dumb, I don't even know where to start. I guess I'll start with the fact that you fail at basic maths. And I'll also end with that. drat.
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Dec 6, 2018 17:21
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WHat's wrong with my maths?
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Dec 6, 2018 17:41
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Ah yes, the most robust security system the world has ever invented in which just recently a severe flaw was discovered that had been present for more than a year and that would have threatened the network's integrity had anyone exploited it.
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Dec 6, 2018 17:43
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EMoney posted:WHat's wrong with my maths? How many bitcoin you hodlin?
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Dec 6, 2018 17:48
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Lambert posted:Ah yes, the most robust security system the world has ever invented in which just recently a severe flaw was discovered that had been present for more than a year and that would have threatened the network's integrity had anyone exploited it. Fort Knox must have been robbed blind a bunch of times I'm not aware of if we're comparing its security to Bitcoin. Like, is there a secret code I can steal, enter at the gate, then just walk in and carry out as much gold as possible?
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Dec 6, 2018 17:55
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Warbadger posted:Fort Knox must have been robbed blind a bunch of times I'm not aware of if we're comparing its security to Bitcoin. Like, is there a secret code I can steal, enter at the gate, then just walk in and carry out as much gold as possible? Approach the guards with N+1 friends. Insist it is yours. Leave with guards helping you carry gold.
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Dec 6, 2018 18:12
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Warbadger posted:Fort Knox must have been robbed blind a bunch of times Convince me that it has been robbed more times than bitcoin and using more electricity than over 100 countries in the same timespan that bitcoin has existed Go on. I wanna see the gymnastics here
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Dec 6, 2018 18:16
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