I would agree with that statement.  The Warriors let their foot off the gas last game but I think they're ready to put the Mavericks away and send Luka on a trip to Cancun.  The guys on TNT have to be ready to do their fishing routine tonight, as it will almost certainly be the end of the Dallas Mavericks' season.  They did much better than I thought they would, but they just don't have the depth of talent that Golden State has.

My question is...  Why marketing?  I would think that cryptocurrencies would be far more at home in an economics or computer science course.  Even politics I could understand.  I'm not sure how much marketing has to do with Bitcoin's success though...  I think it has more to do with the brilliance of the blockchain being secured by a hashing function.

I think this Covid stuff is just a speed bump for China.  I would hardly call them a declining power.  They will most certainly be the world's leading superpower in another 15 years, regardless of how much their growth slows.  I think as the world continues to evolve, China will find itself in an increasingly powerful position.  They have a lot of their side for the future.  I wouldn't count them out...

I'm guessing nearly all of those guys will play, but we'll see.  The game will kick off here in about an hour and I'm ready for some basketball.  I've been wrong so far with thinking the Heat didn't have a chance, but I'm sticking with my opinion that the Celtics are the better team and will pull out a victory from this series.  Tonight seems as good a night as any to grab the series lead.

One sold.  I have one left...  Feel free to make me an offer and the coins I'm willing to accept are listed in the original post.  If you have any questions let me know.  This miner is currently operating with no issues on slush's pool at 3TH/s.  It's nearly silent and in a room with GPU miners I can't even tell it's there.    Thanks for looking!

~~~~PRICE DROPPED~~~~

That's why it's a 7 game series.  Teams make adjustments in the postseason and sometimes the other team doesn't have an answer in the moment...  Then after a strategy meeting and a team practice the same technique might be ineffective.  The thought it that over a 7 game series the better team will emerge as the winner and while it isn't perfect, it's a decent system.  If only they could keep all the players healthy, it would be awesome.

Depending on how you accept it, it's always a good time.  You don't have to hold the BTC you receive, or you could hold only a portion of it in BTC.  The preferred method of course is to hold it forever, but sometimes as a business you've got to cash out a little to pay the bills.  I'd say to make a clear plan of what your goals are and then budget your BTC accordingly.  Whether that's BTC from new sales or just BTC you're holding on your balance sheet.

It feels to me like we're back in an accumulation phase with this sideways movement.  I'd be extremely bullish but there are a few factors to consider. 

1)  We are at the point in the cycle where another drop is to be expected.

2)  Mtgox coins are still hanging over the market's head.

3) Leveraged long positions on bitfinex are at an all time high meaning a lot of selling needs to take place to cover those positions.

Those are 3 factors that shouldn't be ignored by anyone looking to invest.  It is still quite likely that there's another big drop in store, even if the market is feeling particularly bullish.

Filecoin seems to be on a race to the bottom.  I don't see any signs of that stopping.  I'm not familiar enough with it to know the details of how it's mined, but I'm aware there are plenty of sites offering large % returns to hold it...  That's not the best sign for an investment, that previous investors are getting handed tons of new coins for free to dump, and I think the market has shown what happens when this is the distribution plan.  The thing about an asset falling 97% is that it can always still fall another 97%.

I know when I'm building a gaming rig, a lot of effort goes into making sure everything will work together properly and there won't be any bottlenecks for performance.  GPUs that have been used for mining have usually been beat to hell, running in hot conditions at max usage with their fans at 100% for sometimes years.  No gamer wants to deal with squeaking fans or GPUs that might have issues and damage a PSU... 

So I understand completely why gamers wouldn't want a GPU that's been used for mining.  I wouldn't either.  I've experienced so many different problems with used GPUs...  It's definitely a thing.

Canelo seems to be fighting as often as he can these days.  Seems like he may know that his best days are behind him and he's trying to get as much money and put on as many top level fights as he can before he hangs up the gloves.  He was a hell of a fighter, but father time is undefeated.  I think he'll probably have a few good years left, but I think it's obvious that he is no longer in his fighting prime.

I recently found $250 in an old slushpool wallet when I was testing out a new miner.  Pretty funny because I know it was only in there when I stopped mining many years ago and left dust behind.  DUST!  That dust that wasn't worth paying the withdrawal fee to remove was now worth hundreds of dollars.  I can only imagine all the BTC I've left behind at various sites over the years.  If only all those sites still stuck around.  I'm sure I'd be mega super rich.

It is not uncommon for crypto assets to experience a 90% downturn.  It's happened before and it will likely happen again.  Just don't double down or do anything crazy like take loans to try and catch the bottom.  It is quite possible this market too experiences a 90% drop, and if so there's still a long way down from 70%...  Brace yourself if you're going to hold, but make sure you're committed.  If you hold for a while only to sell the absolute bottom when it hits, you won't be doing yourself any favors.  That's why they say to only invest what you can afford to lose, that way you'll ride out the bottom.

I was a bit surprised that the Warriors didn't close out the Mavericks yesterday, but maybe they wanted some more ad revenue or something...  Even watching the game it didn't make sense they were losing.  It was like they weren't really trying.

I think Miami is done.  They got a couple of wins that I would characterize as getting some good breaks.  Marcus Smart and Al Horford have had enough time to get back to being near 100% healthy.  I'm going with Boston tonight.

My first question would be...  Where do you want to purchase real estate using crypto?  For the right price, I'd sell you my home for Bitcoin.  I think it's mostly about location, then finding someone who is not afraid of using an exchange like Coinbase to transfer money.  Not really much to it to be honest... 

There are a couple of reasons why someone might want to rent hashpower.  Maybe you have a new coin coming out and you want to be in on the early generation of it.  This is the case I most often see from people talking about renting hashpower.  The other is of course gambling.  Maybe you think you can spend a little BTC and hit a block.  It would certainly be a nice payoff.  Pretty unlikely though.  Most of the time Nicehash is the winner.

I was definitely way off on that one.  Glad I didn't have anything on the line.  Dallas keeps surprising me this postseason.  Luka seems to get points no matter what.  I don't understand how he's able to score so much when he's so slow, but he does.  I'm glad they managed to keep from being swept.  I still think the Warriors easily win this series though.  It will just take them one more game.

I think the opposite. I think Dallas knows they’re finished and probably subconsciously want this series to be over. I’m not expecting much out of them tonight and I think the Warriors are incentivized to win and get on to the next round. The odds giving Dallas a good shot at winning seem like an opportunity for a nice win. I currently don’t have any money on this game, but if I was betting I’d be betting Warriors without hesitation.

I would agree that buying now is better than buying at the all time high.  However, don't expect to catch the bottom of this falling knife.  There's a high probability we see a $10,000 Bitcoin before this correction is over.  For that reason, don't go all in at once.  Use the old dollar cost averaging technique to start accumulating.  The only time I'd go in with a big buy at this point is once we've seen a high volume drop that signals capitulation.  We saw one at $26K, which would have been a good point to buy and flip above $30K, but right now we are settled into a trading range, so I wouldn't be making big bets here.

This is a good take.  Those are in fact the 3 bubbles that resulted from the block reward halvings.  If we are to expect the same thing this time (I don't see any reason why it would be different) then of course you could expect a price drop.  Looks like your math expects a price around $10,000, which is the very obvious support level when you zoom out.  Sure, an ETF might create upward movement, but only if it's different this time...  I'd expect the manipulators to hold off on the ETF until after the mtgox coins are distributed, to keep the pattern going as good as possible and prepare for a run beyond six figures in 2025.