I don't see why the media keeps on attacking bitcoin with the mining consuming the whole of sweden from a news broadcast I just seen mention this subject. But there are companies who have come to the defense of bitcoin with their use of blockchain technology looking to combat this stigmatism when it comes to bitcoin's use and the environment. https://blockchainclimate.org  Those who are still against bitcoin mining do a search for bitfarms. They are using renewable energy within their bitcoin farms.  |
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It does make things quite interesting to see the amount of rake both team red bull and mercedes will be using going into bahrain. This can make or break their chances in the races for their upcoming venues. But we will all wait and see how they both fair on a bright and sunny Sunday morning.  |
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You will only make Elon richer in the near future,so no not buying a liability Tesla. If you want to buy car use fiat and keep your BTC’s. Big companies are fomo’ing now, this is one of their strategy to gain more Bitcoin in exchange for the services or products that they produce.
Well those customers are trading in their bitcoin for a car. Is it a fair trade?  So you can see where Tesla is going with this and accumulating as much bitcoin as they can for an exchange in a tangible object. |
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I do think mercedes is in trouble this year indeed. Here are the past winners in Bahrain where the premiere of this season begins on the F1 circuit.  |
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Only question I would have if I pay for a Tesla with BTC am I still liable for Capital Gains Tax or not.  Don't know but ask her this question after selling her btc (a week too early gurl!) to buy a tesla. She will definitely be paying a capital gains tax on the way she did it by selling her btc then using it to buy a tesla with it. https://www.youtube.com/watch?v=nzNPfBA7tLMMaybe Elon can credit her with some kind of carbon emmissions write-off that california has for buying an electric car they had years ago. Hah! Who knows, ask Elon to register here on the forums since he is a hodler and respond to this very delicate question.  |
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Annoying. I just went over to Tesla to pick up a used Model S (there are no new ones) and they want this "Credit card" thing.
No clue what's up with that.
Just stay on the payment page and refresh the page or press F5. I tried its showing, for the first time it didn’t show to me too Should be seeing a payment option with the bitcoin button.  source: https://coingape.com/tesla-sets-up-own-bitcoin-node-promises-bitcoin-wont-be-converted-to-fiat/Also there were alot of others who were "speculating" whether Elon was going to sell Tesla's bitcoin since they had already profited $1billion on just HODLing.  |
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You can now buy a Tesla with Bitcoin BOOM! Well, what rdbase will have to say on this? Elon dumping BTC yeah, right! Elon can dump his holdings of btc. All 0.25btc worth. Tesla is the one who is holding all that $1.5bln worth yet again, keep off the drugs man to get those facts straight like a line, okay?  The more important part is the second half of the tweet:  They will be retaining bitcoin they receive and not converting it to dirtay fiat. |
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This would be quite interesting if it came to fruition. But I doubt it since NFTs are on Ethereum. Satoshi doesn't believe in anything and wouldn't use anything but his own creation. |
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^^ Good win morvillz7z! Congrats on being one of the winners as the last round two of the competition was a tough one and knew there would be upsets. The next one will be even harder to predict as they put in a bit of a twist with guessing the over and under along with the winner market for each one. So this one should be fun to watch! It is the Sweet Sixteen so expect more people to be entering in this final one coming up to the final four. I certainly will be doing mine once they are available. |
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Nice Elwar! But Jack Dorsey's first ever tweet just sold for $2.9mln to the Chief Executive of Oracle. https://www.bbc.com/news/business-56492358I think it's the very same guy who is (or was) bidding on Elon musk's NFT. That mofo is motherFking rich af. The ethereum network is a buzz to see which pool will be mining that block where it landed on. |
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^^ Sure, only if you want it too! At times like this it is better to hodl than speculate at what is going to happen. Smart money will prevail in the end whether that be bitcoin, PM, or even dirty fiat. The smart investors always know what to do with their money(you can call them assets, crypto, fiat, your nards ) and the best thing to do in times of uncertainty is to..  https://www.youtube.com/watch?v=ej8-yQM7pYoFunny how I hadn't seen this commercial before with Leo Messi promoting a blockchain phone before.    https://www.youtube.com/watch?v=KNifYaLMsvgShe definitely wants to meet Chris Larsen? Good joke. Hahah! See, already back at $55k. Just chill and HODL strong Wall Observers! |
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Bears failing to take us lower, strong will to buy in the low 50’000’s. Soon time to break out of this range to new ATH’s. Diamond hands guys, diamond hands.
You mean...  https://gifyu.com/image/fU8aIt worked for GME so maybe it will for BTC cause the CME bitcoin futures are expiring the end of this week. Remember what happened when they did the last time? https://youtu.be/lVGOVNyovd8CryptoRus does. |
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This video just put out by a usual youtuber on cryptomining a son of a tech, explains right at the beginning it has the version of the driver to enable the full 50mhs available by these so called crippled cards they released in the 3060 and even discusses about it might be better to mine ravencoin for these cards instead. https://www.youtube.com/watch?v=MIarx2aC_p0If your worried about it when Ethereum eventually does go full Proof of Stake with ETH 2.0 already enabled. Just not fully implemented. |
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What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere. I was thinking of this exact scenario just yesterday: "What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"Well today I have my answer to my question. From $57k when I woke up to $54k as of now.  What a load of bs! These big guys don't care if it's $60k, $30k or $70k. They see the potential/real value of BTC which is at very least a six digit number (7 digit in a more distant future). So if you're assuming Grayscale/MS are selling now you gotta be retarded man! Assuming nothing man. Just speculating like everybody else coming on here are doing. The last time I checked we are on a branch of the speculation topic. Calm your tits dude.  "What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"
Interesting thought although I'd call it unlikely as I'd describe them as woke right now. Tesla with the snake Elon at the helm on the other hand, there's no telling what they'd be up to.. Same applies to Elon - buying at $30k and selling at $50k is that a clever move from a billionaire? Believe me, these big guys are not even going to consider selling before we go deep into 6 digits or even reach 7 digits. I'm sure they see the big picture and $1.5b is peanuts for them... Get your facts straight. Elon did not purchase the BTC. It was his company Tesla who bought it. https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.htmlEveryone and their f*cking dogs know this already. Since he is a shill for Doge and has been from the very start of his dive into cryptocurrencies. Hail the CEO of Dogecoin for a day. He has stated many times over and over again: He only owns 0.25btc.  source: https://www.forbes.com/sites/billybambrough/2021/03/19/tesla-billionaire-and-bitcoin-bull-elon-musk-is-actually-the-answer-to-climate-change-claims-former-trump-comms-director/?sh=6d0ae4741b8e |
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What's this? Sub $50k soon or what's happening... I wanted to see $70k this week, still on @WO?
It is a weird occurrence in the crypto sphere. I was thinking of this exact scenario just yesterday: "What if the grayscales and the microstrategys of the world wanted to buy up cheaper bitcoin? Would they dump theirs so to buy it up at a cheaper price?"Well today I have my answer to my question. From $57k when I woke up to $54k as of now. |
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A comment I liked from this tweet:
Wages to Freedom Man technologistMoney bag @bitsee2 Mar 19 Replying to @Quicktake and @EdVanDerWalt
Unfortunately an uneducated video. Especially the Visa comment. Visa is not analogous to Bitcoin. Visa does not provide final settlement.
What do you mean by that? What do you call a final settlement exactly? Final settlement means of the payment can't be reversed. Credit cards can be reversed for 3-6 months. I didn't write the tweet either but that is almost assuredly what they meant. Now, 3-6 months is a really, really slow payment system. How can someone buy coffee with it? Okay, thanks for clearing that up for us then. Also Visa has a partnership with crypto.com just last week so they are not looking to avoid cryptocurrency use like the banks have been doing all these years in the past, but embracing it. Solar and crypto mentioned in the same tweet. Not so scare as one might think wouldn't you say? “ Watch what they do not what they say” they say, with that in mind I cannot help to think that despite all the complaining people love to be poor as they are not buying bitcoin, the best way to stop being poor that has appeared during the last century. Thought I heard those very same words before. |
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A comment I liked from this tweet:
Wages to Freedom Man technologistMoney bag @bitsee2 Mar 19 Replying to @Quicktake and @EdVanDerWalt
Unfortunately an uneducated video. Especially the Visa comment. Visa is not analogous to Bitcoin. Visa does not provide final settlement.
What do you mean by that? What do you call a final settlement exactly? Isn't it odd they compared bitcoin taking as much electricity as the whole country of Argentina to mine it?
Under what time frame?
Why it would be odd while it's true? The time frame is the same. In one second or in one year the Bitcoin network consume more electricity than Argentina. Cambridge researchers say it consumes around 121.36 terawatt-hours (TWh) a year - and is unlikely to fall unless the value of the currency slumps.
[...]
The online tool has ranked Bitcoin’s electricity consumption above Argentina (121 TWh), the Netherlands (108.8 TWh) and the United Arab Emirates (113.20 TWh) - and it is gradually creeping up on Norway (122.20 TWh).
The energy it uses could power all kettles used in the UK for 27 years, it said.
https://www.bbc.com/news/technology-56012952The Cambridge Bitcoin Electricity Consumption Index : https://cbeci.orgI didn't write the comment to that tweet so I am not exactly sure about the settlement part of it. But I would imagine they mean the payee purchases something using their visa card then they actually owe the credit card company 30 days after the purchase date for this amount, so they actually are on the hook while bitcoin you are paying with something that you already own. So it is settled once it fully confirms on the blockchain. Atleast this is how I seen it with just a glance and not overthinking it too much after reading it. Along with the electricity debate. There are bitcoin farms which use renewable resources such as wind farms and solar power to provide the electricity so to power their entire mining rigs. I had the foresight to the question coming up with this source for my evidence on the matter: Mining in the Arctic (Norilsk) using gases https://twitter.com/Quicktake/status/1372955971367108610Bitcluster opening a mining farm    The above should settle any argument about "Is bitcoin mining wasting the world's resources in it's power consumption?" |
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Keep tabs on this thread as we are thinking about putting together something for the March Madness happening in the NCAA basketball scene starting next week on March 19th til the finals on April 5th.
rdbase, great news .. in case a new thread is created, leave a link here [for those who receive notifications]. By the way, it is quite ironic that the NCAA tournament was decided to resume for the anniversary of Covid-19, "Finally, a giant hole will close in the US sports calendar".Want to do something for the Sweet Sixteen tournament now that the teams have settled into their respective spots in their bracket. https://www.cbssports.com/college-basketball/news/march-madness-live-2021-ncaa-tournament-basketball-scores-bracket-updates-for-round-2-on-monday/liveHave those notifications set to "The last Hoorah!" since they will be done for this coming up weekend. Today are the remaining teams left in round 2 so to see who advances toward the Big Dance! |
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