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5161  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin be worth zero? on: August 29, 2022, 08:12:44 PM
I would say that Bitcoin CAN be worth 0, but it's extremely unlikely.  I'm sure there's a price it would drop to where people would be interested in owning it as a keepsake.  Look at Namecoin...  Nobody really uses that for anything these days but it's still got a market cap in the millions.  I imagine if Bitcoin dropped to a penny, many people could afford to buy them all just for shits and giggles as they say.  It would take a pretty catastrophic event for nobody in the world to be willing to pay a penny for a BTC.  I think if that happened, the price of Bitcoin would be the least of anyone's concerns.
5162  Other / Meta / Re: NFT subforum? on: August 29, 2022, 08:09:41 PM
TL;DR - We already have an NFT section.

Tokens (Altcoins)

As has already been pointed out on this thread, there is an NFT section.  It's just that nobody cares to dig through the shitcoins sections to find it.  I even made a post about an NFT collection today.  You can't make people care though.  If a free NFT project from Mila Kunis and Seth Green can't get a response here, you have to wonder if there's really demand to learn about NFTs or if people just want another outlet to try and sell you stuff they made for free.

https://bitcointalk.org/index.php?topic=5393118.0
5163  Other / Meta / Re: [Script] BitcoinTalk User Notes on: August 29, 2022, 08:05:57 PM
This is a good idea.  Back when I was dealing with dozens of people per day it was impossible to try and keep personal relationships straight.  I often found myself forgetting information about people or deals we had made that were important to them.  Being able to note things on the site would have definitely been beneficial for me and probably would have made me seem much more friendly.  Would love to see this implemented beyond a user script.
5164  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [NFT] Gimmicks - Weekly Cartoon Series on: August 29, 2022, 08:03:51 PM
The first season of the Gimmicks cartoons is in the books.  Not a bad watch if you like South Park or WWE.  I'm not even a fan of either, but still enjoy the cartoon.  With the first season now completed, we await the battle of the Armadillos vs Robot Chickens.  I expect we'll see more of Seth Green in season 2 and who knows, maybe this show will get on Adult Swim before it's all said and done.  They also signed a deal to distribute merchandise Hot Topic.  Tomorrow they're doing a free airdrop of trailers for Gimmicks holders.  Worth taking a look if you're into NFTs...
5165  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: August 29, 2022, 08:00:58 PM
Honestly you guys are INSANE, I wouldn't be able to pass over 5k in wagering, let alone do these. I would be probably more around 1k if I tried. I am on a vacation right now and just wanted to check whats going on and saw these, I am not gambling at the moment and I am glad that I am not Cheesy I would be tiny kitten against you guys, you guys are lions in this jungle and I haven o place. I would love to see someone in bitcointalk to earn some big major wins, that would be a lot better because that way someone we know and like would have a chance to win something which makes me happier than some stranger as well.

I'm sure you could do it if you were trying to.  I could see making a lot of tiny low risk last minute live bets on sporting events, or tiny bets on the player vs player games.  Not sure if you'd come out ahead in the end even with a bonus, but it's not like you need to risk $5,000 on a single slot pull.  This is just a guess, but I imagine that many of the people who play for bonuses are mainly concerned with how to get their volume up without taking major losses.
5166  Bitcoin / Bitcoin Discussion / Re: Mt Gox Upcoming release of funds to its creditors vs Btc Price on: August 29, 2022, 07:56:51 PM
Don't believe the hype...

it is very clear, 90% of them will just throw their bitcoins in a bear market because they have waited long enough for the bitcoin assets they have.

I think institutions like Fortress will need to buy more claims personally in order to average into further to their long-term investment, as they started acquiring them from creditors in March 2021 when price was at $60+ for a 20% discount. So they started buying at around $40K to $50K thinking they were buying a decent discount, while now price is half that. Are they really going to sell for a 50% loss is the question here.

I also think 90% of them already sold their claims on over a year ago, so I agree with you to some degree. But not convinced the likes of Fortress are going to sell their coins at half price after waiting a year to receive them, more likely they and buy more claims at lower prices after the significant error or acquiring them at the top of the bull market. We still have no idea how many claims have already been sold, but I imagine most.

I know that I sold some BTC around $40K that I expect to get back from mtgox.  It's quite possible that I will hold onto the BTC I get from gox and maybe even buy more if the price dips again.  Saying that people will all sell might not be accurate.  A good point about the big boys using this opportunity to scoop BTC also.  That may make the price rise... 

I would disagree that 90% of mtgox depositors have already sold their claims.  I think the actual number is probably closer to 5%, but that's just my guess.   

In any event, I still haven't received any news that BTC is being distributed, and still have no idea where this rumor that everyone was getting their BTC back today came from.
5167  Economy / Goods / Re: ~ Buying a TESLA CYBERTRUCK with BITCOIN ~ on: August 29, 2022, 07:52:09 PM
The latest Cybertruck news of the day...
A prototype Cybertruck has been spotted in pretty bad shape on the side of the road.  The article doesn't seem to detail what happened to it, but it's safe to say they're doing some ongoing testing on this beast.  Love to see it... 

https://www.msn.com/en-us/money/technologyinvesting/extremely-beat-up-tesla-cybertruck-spotted-on-public-street/ar-AA11eGvs

Elon seems focused on his AI update for Halloween, but I suspect after that it will be all Starship & Cybertruck news for several months with perhaps some Tesla Bot teasers sprinkled in. 
5168  Economy / Gambling discussion / Re: 2023 NBA Season on: August 29, 2022, 07:31:16 PM
It looks like the Lakers have decided to stop trying to find a good trade for Russell Westbrook and they're now willing to do whatever they can to get rid of his contract.  No idea who they'd potentially try to sign with the savings, but it seems like they're ready to do what they have to do to get him off their roster.  The latest is that they're trying to piggyback on any trade to include Russell's contract and to incentivize teams to take that contract they're offering both their first round pics in 2027 and 2029.  What a mistake that Westbrook signing was...
5169  Economy / Speculation / Re: Bear trap incoming with bearish cross-over on Weekly time-frame? on: August 29, 2022, 06:19:02 PM
That chart does make it look like we’re scraping the bottom here. I can’t help but feel like we aren’t there yet. In the past cycles there was always one more leg down after accumulation started. I feel like we’re waiting for that last leg down now. Between ETH2.0 and mtgox, I am still thinking that we will get the leg down and that will be the start of a new bull cycle.
5170  Economy / Lending / Re: Need a loan, NFTs as collateral on: August 29, 2022, 06:16:09 PM
OP created those NFTs 6 days ago, and then just a day later he requested this loan offering it as collateral.
I would say that he has no intention of returning the loan, but would actually just sell his NFTs through the loan.  

Yeah, I noticed the same thing.  Pretty cheesy scam attempt for a measly $200.

I really wonder how he determined the value of 12 ETH for this NFT?

What makes any of those NFTs worth anything?  A bunch of candle charts are worth hundreds or thousands of dollars?  Really?  I have a hard time with the whole NFT thing in the first place, digital beanie babies is all I see, but these are exceptionally stupid.


The OP is also advertising these NFTs for sale:

New NFTs, real value!  Grin Check it out !  Smiley https://opensea.io/collection/the-last-bastion

It does make you think that this isn’t a loan request, but an offer to sell an NFT collection with 0 volume for a couple hundred dollars. The sad fact is that you can make an NFT collection like this in 20 minutes with less than a dollar of costs. At $200 per collection this would be a pretty profitable operation if you could find people willing to accept the collateral.
5171  Economy / Lending / Re: Looking for $100k for 1 weeks on: August 29, 2022, 06:13:08 PM
Imagine if it were this easy to make money. Borrow with no collateral on an Internet forum, speculate on shitcoins, pay back the money with the profits. It seems so easy. Why doesn’t everybody do it?

I guess the obvious question would be, what happens if you don’t profit? Most people don’t. Especially people who were given money and didn’t grow learning the ropes.

Good luck with your loan and speculation.
5172  Alternate cryptocurrencies / Mining (Altcoins) / Re: Immersion cooling / non-BTC miner on: August 29, 2022, 04:50:29 PM
Anyone running immersion cooled Z15's?

I am having a cooling problem and don't have a point of reference.

It would be great to hear more about the details of your setup and the equipment used.  That may also help diagnose the issue you're having.  I'd also love to see pictures of your setup.  There aren't too many people using immersion cooling although it is somewhat the holy grail of mining.  The more information, pictures, and knowledge about available hardware would be appreciated.
5173  Alternate cryptocurrencies / Mining (Altcoins) / Re: #beam is future? What do you think. on: August 29, 2022, 06:44:49 AM
I have a hard time thinking Beam could be the future.  It has some cool tech, but it seems like it was launched in a way that left it dead from the start.  It's cousin Grin seemed like it was launching more fairly and with more support throughout the community.  I am surprised it didn't do better, but I think it suffered from issues with being so much different that many people found it complicating.  I loved using it, and hope that sort of tech makes it into Bitcoin someday.
5174  Economy / Speculation / Re: Reason why I put all my money in Bitcoin as a newbie on: August 29, 2022, 06:41:43 AM
Am still new in this space both in cryptocurrency and in this forum and seeing what is happening even to stable coins lately make me decide to put all my investment funds into Bitcoin since Bitcoin has never crashed or a billion coins getting minted out of no we're and dump into the market just like Luna tereUSTD did, so for your peace of mind I advise newbies to rely only on highly decentralized crypto Bitcoin. Until you learn enough to decide which risk to take and which not to.

Bitcoin should definitely be the backbone of any crypto portfolio.  I would even say that it should make up probably 80%+ of your portfolio (mine is higher).  I see a lot of influencers saying to go 50/50 with BTC and ETH, but I think people should look to anchor their portfolio with Bitcoin, and then speculate with a % of it that you feel comfortable losing.  There's nothing wrong with experimenting with different technologies and you might stumble on some fun projects in the meantime.  Smiley
5175  Economy / Gambling discussion / Re: 2023 NBA Season on: August 29, 2022, 06:38:47 AM
Russel has been in the NBA for 13-14 years now. His career is almost over at this point. When he came into the league he was spectacular to watch, but as the years go by he gets slower and slower and these young kids are much better and faster. It's expected that his turnovers per game likely rise if teams keep trying to utilize him as a starter and give him 30+ minutes per game.

If he is going to help a team win a championship, he needs to be used as a come off the bench player and get 12-20 minutes per night at most.
Is Westbrook at the end of his career??? Or is this just your assumption?

Well, I believe that like other players, Westbrook did not perform as relevant as expected, and yet his stats have been declining.

With Patrick Beverley arrival, I imagine he could be a very useful player (amazingly, Beverley and Westbrook were born in the same year lol)
Westbrook being at the end of his career is mostly just an assumption by me, but he is not a LeBron James dominate type player who can play 20 years. Look at how many trams were interested in him when the Lakers were looking to trade him. Not many at all. The guy Still thinks he is worth 30 million a year for whatever reason and that's just not the case. IMO he needs to play off thr bench if he wants to last another 3 years in the league.

Westbrook doesn't have the skills of LeBron to be able to stay in the league so long.  Russell's game is mostly built on athleticism, which doesn't get better as you age.  He just doesn't have the control needed to be effective when doing what he has to do to be explosive on the court.  This leads to a lot of turnovers and terribly missed shots.  He would have to change his game in order to stay competitive in the league, and he just isn't.  He's trying to be Russ of old and those days are long gone...
5176  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 29, 2022, 06:04:43 AM
They again delayed. I think they will never repay anything.



https://en.ethereumworldnews.com/mtgox-bitcoin-repayment-plan-delayed/

Poppe also saying: They will not release.



https://twitter.com/CryptoMichNL/status/1563904662092365824

I was always a bit confused where people got a payout date to begin with. As a creditor, you’d think I’d have gotten some sort of communication to expect a payout. We haven’t even been able to choose if we want the early payout or not yet. I think this saga will drag on a long time, with an effect on the market for at least a month or two.
5177  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: August 28, 2022, 08:52:33 PM
Jake Paul posted on twitter that he just got an opponent for October and he’ll be announcing it this week.

https://twitter.com/jakepaul/status/1563650857803173889

I’m really hoping it’s Andrew Tate. That is the fight to make right now for the money and one that is actually be excited to watch and maybe even pay for. Fingers crossed it isn’t some no name boxer at the end of his career.
5178  Economy / Speculation / Re: Countertrading Jim Cramer on Bitcoin on: August 28, 2022, 03:25:28 PM
Jim Cramer is hilariously bad at timing buys and sells, but honestly I think when it comes to Bitcoin, the best contrarian indicator I’ve found is Samson Mow. When that guy says Bitcoin is going up forever, you’d better sell. He seemed a little bearish lately, which is a good thing if you sold at $65K when he was with Saylor talking about mortgaging homes to buy BTC. Seems like it’s time to start getting back in.
5179  Economy / Collectibles / Re: Crypto Great Dane goes worldwide- New physical bitcoin youtube channel on: August 28, 2022, 03:21:38 PM
Excellent idea!
Waiting for the microsoul episode!
You could also interview OG!
Good luck

Seems like a good idea. I’ll have to check out the channel and see if I can learn a thing or two. Great to see the community taking good steps forward. It feels almost friendly around here these days, which is nice for everyone as we grow our hobby.
5180  Economy / Speculation / Re: Will Bitcoin do $19k again before a bull market? on: August 28, 2022, 12:11:05 AM
I think $19,000 is a bit high for a low end target considering we're dangling right above it and mtgox customers are expecting to unload a ton of BTC onto the market.  I think a bottom in the $13K to $17K is much more realistic.  I've been urging friends to start dollar cost averaging in for the next cycle run now.  I am under the belief that if you buy $100 worth of BTC per week, you're possibly able to amass $100,000 in 2 years. 
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