If You Ain't Go to harvard or yale or You dont Work one of those harvard yale guys. Then You Don't Know how the stocks work. You Don't Know how the banks works You Don't Know nothing real about Investment s. U Don't Know how money world works. U Think You know... But really is. You been learning Some useless crap You cant fight against anyone in Financial world who Got real knowledge. You might just be the data entry processor in the office but u Ain't husle. And You been teached purposly the useless crap. You need Only know few major things. Once You know those u measure Everything by them. I have great knowledge just thnx to my life never been in school. That's how it is. Sure no body Don't Tell You guys this:) Yall Know how it is.  The other thing that nobody talks about is the fact that "Insider" knowledge are shared between the wealthy elite and their top financial advisors to give them a edge over everyone else. So people like Warren Buffett and his circle jerk friends ..will know about future events and new technologies and their launch dates... well in advance, before these announcements reach the general public. So, what do they do with that knowledge... well, it is easy.... they buy the shares of that company before the rush happens and then when the rest of the people starts buying, the price goes up and the early worms ..gets the profits.  The wealthy elite look out for each other and they make sure the "big" investment secrets stays between them. You can study at Yale or Havard ..but you need to get into the "circle of friends" to get the insider knowledge before the rest. |
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It must be nice to just cherry pick information to serve a specific agenda ... and in this case, a single Chinese mining operation near a Coal energy plant are used, but what they do not tell you is that China is the worlds largest producer of hydro power in the world and that many of the large Bitcoin mining farms are also strategically situated near these plants. Source : https://www.statista.com/statistics/265570/top-countries-by-hydropower-consumption/So let's give all the information when we talk about power usage for mining and the FUD that are being distributed by poorly researched articles that are posted by mainstream media with hidden agendas.  |
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What happens when a project reach maturity, like with Bitcoin (BTC)? The protocol can now stand on it's own, because it is working fine and it is stable.. (there is no need to make drastic changes on a project, where Billions of Dollars are being shifted with confidence, because the Core software are working perfectly)  Now, what happens then.. Well, Bitcoin (BTC) do not need a large team to "develop" any more critical changes and most of the changes are cosmetic and more focused on "maintenance" .... the result, some developers move onto other new projects, where they can be kept busy with new experiments. (A lot of these developers moved onto Sidechains and projects focused on the Lightning Network) You are cherry picking things to find a reason to kill a live and healthy horse... and Bitcoin (with the Lightning Network) are a racing horse in the prime of it's life.  ( Bitcoin BTC still has the largest active adoption network and it is still the most secure with all that hashing power backing it, so the developers are not that critical anymore) One or two large Chinese mining farms can shift some of their hashing power to some of these Alt coins (Shitcoins) and they can perform a 51% attack and double spend and ruin that coin.... but you not going to do that with Bitcoin now. |
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This is just one of those old Fiat casinos that suddenly jumped onto the Crypto currency band wagon, but I do not have a problem with that. They have a wide variety of Alt coins too, even if it is not advertised properly... I am not really a supporter of sites with deposit bonuses, because most of those sites require you to rollover the amount multiple times before you can withdraw anything and that usually lock up your deposit too. In any way... all round a good site.. try it out. |
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A question : How can you pay capital gains taxes on something where you have not received any gains? Should Capital gains not only have an affect when you sell some coins and you receive the fiat value? (minus the purchase price) Let's say for example I have 100 bitcoins and I keep that in a wallet. I only bought those coins and hoarded it, so I cannot pay taxes on something that did not generate any income for me. I ask this question, because some governments want people to pay taxes on the bitcoins they own and not on the actual gain that they will receive when they sell those coins in the future. (They might even sell those coins at a loss in a few years, so then there will not be any profits or gain from those coins) |
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Wow, this Bitcoin (BTC) price crash is seriously hurting my gambling balance... I lost more than $500 on my BTC balance, as a result of this. The few wins of the previous days was wiped out by this and I am left with a small percentage of my original balance. I know this goes both ways, because if the Crypto price increase, then your balance increase too. Do you guys fall back on Stable coins or less volatile coins, when there are a price correction like this.. or do you just soldier on through your mission to get that big win.. no matter what is happening with the price? Let's share some strategies.  (Ps... The new Stake Exclusive - Aztec Pyramid is nice) |
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Exactly. Not to mention, Musk being concerned with fossil fuels being used by gigantic mining corporations in China is not "FUD". It's a fact.
For crypto to become fully politically acceptable, as many huge miners as possible need to switch to hydro, solar or wind power.
Instead of using cheap coal-generated electricity as is the case for many big Chinese miners.
Sorry, but you've missed this and that on the way. 1. Elon's "concern" is not genuine, he has a hidden agenda, I don't know what's that though. He knew about all the fossil fuel problems also before buying or accepting bitcoin. And the electricity the Tesla cars use is not necessarily cleaner. 2. Bitcoin is not "politically acceptable" because it poses as a threat to the current financial system. And then "they" will find ways to demonize bitcoin. 5 years ago "it was used only by criminals", now "it uses fossil fuels", in 5 years it will be something else. We know it's noise. We know that this is a way to make the herd focus on fake problems. Why using coal based electricity is "acceptable" for other industries? Why are electric companies still allowed to produce this kind of electricity also in US or EU? Plenty of countries have already accepted cryptocurrencies as a taxable property class, though not payment type. Even backwater nations like Russia. https://news.bitcoin.com/putin-signs-law-cryptocurrency-legal-russia/There is no secret cabal or illuminati trying to stop bitcoin as some tinfoils on the forum think. Why using coal based electricity is "acceptable" for other industries? Why are electric companies still allowed to produce this kind of electricity also in US or EU? Many countries in Europe are becoming carbon neutral by 2040 and already generate a big portion of their energy by green production. Nobody is encouraging the use of coal energy or dirty energy in Europe. In the UK alone, the proportion of solar, wind and hydropower has risen to 33%. The government has set a target of 75% by 2030. Bitcoin miners can set an example and become fully solar, wind/hydro earlier than that, and gain political favor by doing so. Currently a lot of big miners, a lot of whose hashrate orginate from China are using coal-generated electricity to mine bitcoins. See this is a common misconception and also based on misinformation that are spread on the Internet. China are also the biggest user of Hydro electricity in the world, based on this https://www.statista.com/statistics/265570/top-countries-by-hydropower-consumption/People can make any assumption and then post that on Social media or like Elon Musk on Twitter and the world will believe that. Our community should respond to this with research that was done to debunk things like this. We have a lot of whales that are just sitting on their coins... we should fund a kickstarter to fund a fact finding mission to gather information on this subject and then to publish those facts...whales can help to fund that. |
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Let's flood Social media with articles and videos
This sounds like a call for a hype, kinda as artificial as the FUD. This could jump the price, and if that would happen, the jump will be high and fast. And then what? A new correction will come, some new FUD will rise and people will get tired to hype yet again. But I am not sure that FUD and hype are the solution for everything. Let the world earn about bitcoin at its own pace. Else the price fluctuations can get even more wild than we are (more or less) used with. Nope, this is actually a debunk exercise, where actual facts are researched and distributed to kill the perception that Bitcoin is this "monster" that are eating "dirty" energy all the time. This is not about the price and hype cycles, but more about right and wrong and what is facts and what is FUD. (Purely education and fact gathering exercise) Why should we sit back and get smacked around by people who are misusing wrong information to serve their own agendas? Just the volatility that are caused by this FUD, are destroying Bitcoin's ability to be used as a currency. (Merchants hate volatile payment options, so this needs to be countered too) People should stop looking for reasons and excuses not to do this and focus on the positive result of a exercise like this, because the long-term advantage of killing this FUD... are beneficial for Bitcoin's future. |
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Those that are influenced by FUD, aren't likely logicial people in the beginning, so why would they listen to someone refute their idol/role model. If I were to go up against Elon Musk, and counter every claim/statement he made, who do you think the general public would be inclined to believe?
Plus, FUD is a vital part of the Bitcoin experiment. Nothing good or bad has ever been without its propaganda from both sides. Also, I've not seen much evidence either way, I couldn't tell you accurately, or even begin to collect the information on how much miners are using green energy. You would need the miners to actively disclose this, which is unlikely that they would do.
The thing is, every argument has a counter argument and nobody are actively engaging (with facts) with these misinformed people. Let's open up a debate about this subject of clean energy and get some representative from China (within these large mining farms) to disclose these numbers in a transparent way. (Show the world, how clean energy are used for large mining operations) I know there is a thread on this subject on this forum, where someone actually debunked some of the calculations that was done to misrepresent the power that was used to calculate the energy used to mine Bitcoin. (If anyone can find it, please post it in this thread.. I will reward you with some sMerit for your effort) We just need some people from the community to debunk more of these statements on social media platforms or even investigative journalists to do some researched articles on this. |
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We have all seen those articles claiming that Bitcoin mining is using more electricity than "insert small country name here" and saying that most mining are wasting energy or that it is mostly using electricity that are not generated with renewable energy sources... etc. etc. A lot of these articles are simply misinformation and FUD (Fear, uncertainty, and doubt) that are recklessly spread on Social media to serve some hidden agenda. (A lot of these people are shills from our competition that are paid to influence perception by disseminating negative and dubious or false information to the public) We have seen how a single tweet from Elon Musk (based on this FUD) ...simply destroyed confidence in the technology and caused a ripple affect on the Bitcoin price and people selling their coins. The time has come for us to stand together and to gather "facts" on how much energy are being used from renewable (clean) energy sources to mine Crypto currencies. We need people on the ground to gather this information and to make documentaries and videos to educate people. (Get permission from large scale mining operations that are using hydro electricity or Wind power or solar and try to present our side of the story) Let's flood Social media with articles and videos like this, to give people a better idea of what the real facts are and also how FUD are being used to sabotage Satoshi Nakamoto's dream for us. |
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The media will always look for some controversial angle to any subject to get maximum viewership or subscriptions, so they do not care about the positive side of a subject.. because that does not sell subscriptions or news papers. ( I know this, because I have a family member that are working in this field ) Also, let's be objective and admit that the majority of people do not make a profit at casinos and that gambling addiction are a reality for a lot of people.  (The media will focus on that and not on the 1000s of people that won millions and those who had a life changing experience) |
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Mine is other way around because to reach those RP in order to withdraw anything will take a long time and for being part of lottery ticket gives me higher chance of making in the top 10 . Though it is luck, but still even if become part of 1 draw will have some btc at least in hand.
When I see that the previous round lottery had almost 217 million tickets, I don't have much hope for me and my few thousand tickets that I usually hold, but there's always a chance of course. When you look at the top 10 winners from the previous lottery round for example, then 8 out of the 10 spots that won held a pretty low amount of tickets. Yea .. you should never stop trying. I have seen people winning large prizes.. with only a few tickets, so it is not impossible. I can remember back in the day, when someone won a couple of bitcoins ....with only a thousand or so tickets. I have been with the site for many years and I have never won any of those prizes, but it only take one big win to make up for all that time spend on this site. My earnings from the interest is paying for most of my tickets... so it's no big loss for me to lose them.  |
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The way things were done in the past have changed from what it is. In the area of buying and sell especially, you can stay in your house and do all your shopping all because of the availability of the internet. Before this time, the internet was majorly used for sending of email and other short and non elaborate internet activities but all that has changed to real marketing online.
This has changed the economic system in no small extent that people prefer not to go to the market physically but go stay back home and in there comfort do the buying and selling.
Is the internet making people lazy or what do you think?
It is all about comfort and security and safety these days. Time is Money .. they say, so people are pushing themselves to the edge to make more money and they need to save some time to do that. Why should you drive to a Mall to buy groceries every week, if you can get it delivered. People can get into accidents or they might even be robbed... so why not pick a bunch of stuff from a online catalog and then have it delivered to the safety of your home. Look at some of the streamers (Twitch) going at it for hours and even ordering food whilst they are online... (Everyone want to be rich.... as if that is the most important thing in the world.... being healthy is worth a lot more) |
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Why is it frowned on, when "influencers" or "celebrities" comment positively on Crypto currencies, but when a old farts like Warren Buffett or Bill Gates's negative comments are plastered on social media, then nothing is said about that? Is it because they are filthy rich and people follow them like sheep? No my friend... market manipulation goes both ways.... When these old farts smack talk about Crypto currencies... they directly try to sabotage Crypto currencies ... to deter people from investing in Crypto's..because they want those funds to go towards their invested options. |
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Let's not over complicate the issue, because the misinformation spread by people with hidden agendas has prompted Elon Musk to over react on this whole "Carbon" footprint and electricity used for mining. If more people switch to renewable resources and the real statistics on mining farms using renewable energy for mining was released, then this would not have been an issue. Planting more trees, will increase water consumption and water is a scarce resource in many countries too, so it solves one problem and it creates other problems. |
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LOL, You're the only one panicking. Maybe you should check yourself in for a 72 hour evaluation. Elon is still a Multi-Billionaire, so he is doing fine. How is it going for you since you put all of your eggs in only a BTC basket? BTC has lost ~$15K verses fiat since you did that. Maybe Diversifying would have been a smarter move. FYI: For the Newbie, anyone in Crypto knows that their is a Boom Cycle and a Bust Cycle. Boom Cycle usually last 3 to 6 months, which is where we are at now, and the Bust Cycle lasts 3 to 6 years, which we may be headed into a bust now. * Bust cycles have been getting shorter.*If you feel strongly in your convictions, then Hodlz for a few years, if you are fearful, then you were over extended to start with. Oddly enough Doge is weathering this cycle better than BTC, as Doge Price verse fiat is relatively stable. What a crock of shit.... really. Do you get this "Cycle" fud from TikTok or Youtube videos or do you actually do some proper research before you post nonsense like this? You must be some shill from the old fiat financial sector or some old school financial advisor, because we know for a fact, Bitcoin does not follow a specific cycle or Boom..Bust pattern. (The Halving influence is the only set pattern and it's influence are very small) You Elon Musk fanboys will follow him into the fire and then boast about this on social media. A Billionaire make mistakes like all of us and I can tell you now... Elon Musk is going to regret his actions... very soon. |
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The question is.. did he quit his job or was he given the option to quit, before they fired him? You cannot work for a Bank and then profit millions from their arch enemy. Banks have tried their best to convince people and the regulators that Crypto currencies was a scam and Satan from Hell.... so why would they allow someone to work for them, when that person is profiting from the competition. If I had the money, I would create a Bank just for the Crypto currency community. It will be the ultimate FU to the Banks if they close Crypto currency users Bank accounts and then having them joining the Crypto "friendly" Banks and giving the Banks a finger! |
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Wasn't this an American company whose capability for fuel distribution was disrupted by a Russian hacker group. Who is to say that they cannot hold ransom or even cripple some of these services in the western countries at the times of, say, a war?? This is almost similar to the Stuxnet attack by American agencies to cripple the Iranian Uranium enrichment program.
Looks like the Americans paid up the ransom. How isn't this a negotiation with terrorists?
But yeah, nobody will question that angle. What they will be interested in is that the ransom was paid in cryptocurrencies and that Bitcoin consumes energy. Such a shit-show. These people are literally bringing these western corporations down to their knees with cyber-warfare and all that the mainstream media and govt will take away from it is that cryptocurrency enabled this.
What they should be doing is to work with all those cryptographers, cypherpunks and the Bitcoin community in general, the likes of whom had maintained American sovereignty and strength when it came to hacking, white or black. This is what happens when you black label those talented young people who don't want to be strait-jacketed into narrow definitions of freedom and legality. Its such a shame to be honest.
There are no proof that this was a government sanctioned hack, so I do not know where you are getting your information from? (Source)? As far as government announcements goes, it was a Russian hacking group, but no evidence was given to substantiate those claims. (not that they would actually reveal that information) The whole thing has a "9/11" feel to it, where an event is fabricated to serve another goal... (Conspiracy theory = Create a reason to sabotage Crypto currency and to give an excuse why is should be banned or very heavily regulated) |
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Elon Musk got a taste for quick profits, with the least amount of effort, by basically just doing one tweet to hype the price of a token, after he bought in early. (DodgeCoin & Shiba coin) .... so he has to find some reason to "extract" his coin, after he hyped it... to stay under the radar for market manipulation. You will soon see that he will find some technical reason why he no longer supports DogeCoin and Shiba ....to rinse and repeat that strategy. (Possibly hiring his own developers to create MuskCoin that runs on Power Wall or something) |
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