It is pretty crazy to think BTC at $69,000 and ETH at $4,200 is probably going to be happening simultaneously thanks for the childish nature of the internet.  It's hilarious when you think about it.  A trillion dollar asset basically having it's price manipulated by a massive amount of people to show a price that will get a chuckle.  This is real life...  I'm all for it though.  Might have to set up a small buy/sell spread around $69K to do my part to help the cause.   

PM me your US shipping address and I'll get your 1oz .999 silver prize on it's way to you.

geophphreigh - You can send $40 in BTC to 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe if you would be so kind, for your part of this raffle. 

Thank you to everyone for participating in this first Biggest Loser Raffle.  I'll try to throw some more crazy raffles together in the future and see what happens.  This was a lot fun.  Until next time... 

Bitcoin all time high and shipping a prize.  What a day. 

I originally thought about doing it where the loser has to buy everyone else a coin, but that seemed a little harsh. It would definitely be more funny though. If there were 16 people willing to risk $640 then we could make it happen. If that sounds fun, let me know and if there’s a few people who are down I’ll give it a shot. Since payment is made after I guess it can’t hurt to try.

We have our loser folks…

Block: https://www.blockchain.com/btc/block/0000000000000000000bf210029aeb507d5cfea8dfba70b2e7d8fbfa484b7134

Hash: 0000000000000000000bf210029aeb507d5cfea8dfba70b2e7d8fbfa484b7134

Loser: 4-geophphreigh

Read the message but you also need to include your username for merit. 

I’m not sure exactly what you’re saying, but I doubt it’s any technical issue keeping them from updating the page. If I’m able to track the price in BTC then I’m sure Tesla can do it with no problem. I think more likely they’re trying to discourage preorders since they’ll never be able to ship them all.

Alright, it looks like we’re all filled up and ready for fun. How about these for some block selections…

The winner of the silver prize will be chosen by block 705929 and the biggest loser will be none other than the user chosen by upcoming block number 705945. Suspense doesn’t work quite the same when reading text, so the delay between the two blocks is to provide that suspenseful excitement we all so dearly crave.

Winning block: https://www.blockchain.com/btc/block/000000000000000000074fbe035322cb5c47385bb0229dd64c60c7542990edea

Winning hash: 000000000000000000074fbe035322cb5c47385bb0229dd64c60c7542990edea

Winner: a-MrCryptHodl

Congrats! Price discovery here we come!

The march to $100K continues…

Where do we settle in for the next leg of accumulation?


EDIT: Added the current all time high to subject.

EDIT 2: Currently using data from https://coinmarketcap.com/currencies/bitcoin/

It looks like Tesla has removed all the options from the Cybertruck preordering page. There is no mention of the different models whatsoever on the ordering page now. That’s an interesting development that hasn’t been seen before with other models. Hopefully it means they’re about to add a revamped page to finalize all the options and not bad news involving more delays.

I don’t think it’ll hit 1 million in 2022. It’s possible in 2025, but even that seems unlikely. I’d expect to see a repeat of the pattern we’ve been seeing, and a fall from starting the year around $200K to possibly falling to $40K before falling into a consolidation period for a few years. Then maybe the blastoff upwards to new highs in 2025. We’ll see though. With the stock to flow model going into unrealistic multiples next year, it will be interesting to watch where the market goes.

Nice coin and the pictures are great quality. If (big if) my eyes don’t deceive me that appears to have the series 2 hologram with the corrected spelling of Casascius. I believe this is the more rare of the 2 2011 Casascius coins that were sold. Great to see one hitting the sales block here and good luck with your sale. Trade safely!

Immersion cooling is like the holy grail of mining.  Very few pull it off successfully, but we all want to do it.  I've had installation quotes in the low six figures to get a finished product installed in my garage.  It isn't a simple thing to pull off.  Maybe you mean liquid cooling, which is like using a radiator to cool, where immersion cooling is submersing your miner in liquid?

In any event, if you do make an immersive mining model that uses "water" to keep it at cool temps, be sure to have a video camera recording when you flip the on switch.  I'd like to see the ensuing fireworks show.

You don't really believe that do you?  It would be the end of the world as we know it.  I don't think anyone wants that.  The rich people just want to keep the rats from spreading disease, the same way chicken farmers feed millions of pounds of antibiotics to chickens every year knowing they only metabolize about 20% of it.  Even the chickens probably aren't dumb enough to think this is done for their benefit...

The absolute worst possible nefarious government plot I could think of would be if the vaccine was found to cause kids of vaccinated parents to become sterile.  It would take long enough where most of the old rich people making the decisions would be dead before the backlash, and it would be widespread to the population before anyone was aware the vaccine was a population control.

If I had my choice though, I think the most entertaining outcome would be if aliens were behind the vaccine and are trying to clear our society of diseases before they take us over as to not fall into the pitfalls written about in the classic War of the Worlds.

There's a documentary series on Netflix right now called "Bad Sport" that did a great episode on fixed matches of ASU basketball games primarily by a player named Stevin 'Hedake' Smith.  I was unfamiliar with the story and thought it was well done.  Amazing how people can take advantage of others...  He got himself in debt for a few thousand dollars and ends up throwing away a promising career in basketball so that some rich guy can make millions of dollar gambling.  These are the stories you don't hear often about the desperation of people to get out of debt by any means necessary.

I watched it and my take was that Giannis was too big for the Nets. He seemed to be having his way with them all night. Harden seemed to be struggling too. He wasn’t controlling the offense the way he usually does. I don’t think they could have won that game the way they were playing even if Kyrie was there. Durant did OK, but he seemed to be forcing shots. They seemed to be out of playing shape. Might take a few games before they start looking good.

Man… We wait all summer to see the new look Lakers and the Nets back in action and they both lose. Not totally out of the realm of being expected since the Lakers are still trying to figure out how to play together and the Nets are without their point guard. Still, I’m hoping this doesn’t last too long. I want to see some highlights and blowouts!

I don’t see any trust ratings for you so I hesitate to add you to the list. Anyone want to vouch for the kid?

Great to see so much participation so far. I guess people weren’t lying when they said they wanted some raffle fun. I’ll have to see what craziness I can concoct next. Rarely a shortage of ideas in my ear separator.

Introducing the Biggest Loser Raffle...
There is no fee to enter, but if you are selected as the biggest loser you are required to pay for the prize.  Due to shipping variances, this raffle will be restricted to continental US shipping addresses only.  If you would like to enter, please have a trading history with positive feedback and be ready to spend BTC and get nothing if you lose.  

2 blocks will be selected to determine the outcome.  The first block selecting the winner and the second block selecting the loser. The winner cannot also be the loser.  The winner will supply a US address and receive their prize once the loser has paid for it.  Payment will be made to: 168WXhArv7Fasqvi2xm5MQMfLhG18jifMe

The cost to enter is a promise to pay $40 in BTC upon completion of the raffle.  Please select an open character below to particpate.

Participants:
0-minerjones
1-Brlgold777
2-slimzak
3-wheelz1200
4-geophphreigh
5-The_Crypto_Kid
6-Hhampuz
7-transvestite lamb
8-Steeley
9-MoparMiningLLC
a-MrCryptHodl
b-krogoth
c-2stout
d-ConcordeSST
e-Liquidoptions
f-dolphriends

I didn't get any messages about the 0.69 BTC tentative offer on this Casascius coin so I think I will most likely start an auction for it at 0.65 BTC and see if anyone is interested in bidding.  I need to get it and get pics and all that wonderful stuff first... 

I also hear that people want raffles but I don't think this is the coin for it (I'd love to be wrong if there were enough folks to pull it off).  I'll toss something fun up to keep people busy with a different prize and see what happens.

Man… Ben Simmons got kicked out of practice and suspended today… The drama continues. We’ll have to wait for more details on what occurred, but I think it’s safe to say that Ben Simmons won’t be making up with Philadelphia anytime soon. I really don’t think the sixers have any choice at this point but to dump him off to Sacramento for Fox and try to salvage something from the Ben Simmons failed experiment.