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^^ I think the 4-year cycle is pretty common knowledge by now right? The only reason the last cycle was slightly different and messed up the models a bit was because FTX manipulated the market buy using people’s BTC to pump shitcoins. If there aren’t any bad actors this cycle, things could end up getting pretty wild.
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I too am curious to hear about performance and availability. Most of my GPUs are pretty old now so I wouldn’t mind checking out one of these bad boys. I’ve always preferred AMD to Nvidia so I think I’ll probably go with one of these models as I suspect that spending USD on this generation of GPUs might be a good investment.
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Did Elon Musk just help prevent World War III? https://x.com/elonmusk/status/1699917639043404146“There was an emergency request from government authorities to activate Starlink all the way to Sevastopol. The obvious intent being to sink most of the Russian fleet at anchor. If I had agreed to their request, then SpaceX would be explicitly complicit in a major act of war and conflict escalation.“ |
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Looks like Logan Paul’s fiancée managed to get the court to grant her a restraining order against Dillon Danis. This should stop all the picture posting that Danis has been doing on twitter (X). It’s a pretty embarrassing thing for everyone involved but for Dillon it probably hurts as he can no longer use her to get views and getting paid via social media ads.
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Social media companies are stepping back from fighting political misinformation and conspiracy theories, which might affect the 2024 election. Why? Layoffs at companies like Meta, legal disputes over content rules, and Musk's moves to ease misinformation rules. Musk's sway led Meta to drop plans to ban political ads on Facebook. Despite investigations proving no 2020 election fraud, YouTube and Meta now let false Trump claims slide. Users can now opt out of fact-checking, letting false posts spread with warnings. Musk's changes at X influenced others in content moderation. This shift in moderation raises worries about false info and conspiracy theories ahead of the 2024 election. Source: https://www.washingtonpost.com/technology/2023/08/25/political-conspiracies-facebook-youtube-elon-musk/Big Tech is following Elon Musk’s lead on disinformation, but who is holding him accountable for his influence on democracy? This is the most ridiculous post ever made. Big Tech isn’t following Elon’s lead in disinformation. Big tech got caught misleading and censoring the truth from individuals to help steal an election. Now that the cat is out of the bag and informed people are aware of their manipulation, they’re attempting to show they can act fairly to avoid being fined or worse. |
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Also, were not people around here saying that people who took the shot would inevitably die in less than 2 years or something like it? It has been almost 3 years and people I know who took the vaccine is still alive. This sounds rather like a thread of theory after other theories without any scientific meaning.  I never got the vaccination, not because I didn't want to, but because it was never available when the virus was at its worst. When it arrives, you'll have to endure a long day before being vaccinated. Staying in queue to collect a vaccine may result in interaction with an infected person whose symptoms do not manifest immediately after infection. Taking or not taking the vaccine does not result in a death sentence as some claim. I agree with your statement that taking the vaccine doesn’t mean you will or will not die from covid (or the vax). All taking the vaccine means is that you were slightly better than average protected from covid for a couple weeks and then your immune system is forever compromised to defend against covid naturally as well as those who haven’t been vaccinated. As for the long term effects of mRNA being injected into your body, we’ll have to wait and see with the next generation. All I know is that the vaccine didn’t do what it was supposed to do and plenty of people knew this, but were censored from sharing concerns with the sheep. |
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It’s too early for Bitcoin to hit new highs. I would expect that this won’t happen before the halving regardless of what desperate companies try to tell you with $100 bets and podcast posturing… There’s still plenty of time before we’re back above $69K, but I do believe we’ll be headed that direction by the end of the year.
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I would personally love to see smart contracts on Bitcoin. I am involved in a community Bitcoin project (NastyFans) that is constantly troubled with problems due to centralization and trust. It could be replaced by a simple smart contract and thrive, but as is, everything must have human involvement to be safe. It sucks being subjected to other people’s opinions. Especially when they don’t know what they’re doing. Smart contracts fix this.
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In order for Bitcoin to be widely used for payments, it is necessary to stabilize price fluctuations.
Question,
Bitcoin and other currencies A and Prepare B.
A and B are equivalent exchangeable and can also be equivalently exchanged for Bitcoin.
Is it possible to stabilize prices through market mechanisms due to this?
Stabilization is something that vendors and users of Bitcoin want. However, those types of users were outcasted from the Bitcoin community in 2017. If you want stabilization, you’re preaching to the wrong crowd. Today people consider Bitcoin digital gold and they don’t want stability, they want massive price increases so they can sell and retire. |
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Without putting too much thought into this, I would expect Bitcoin’s market cap in 2030 to be around three trillion dollars. However, in a best case scenario I could see Bitcoin’s market cap peaking as high as 20 trillion dollars in that time frame. I think 3 trillion is probably a more realistic prediction though.
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Some food for thought… Right now it would take about a million dollars of investments in traditional stock markets/monkey market accounts in order to produce $100 a day in earnings. So know that if you were able to generate $100 a day in profits from gambling, your gambling skills are worth a million dollars.
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I think that a lot of market makers are using extreme forms of leverage to manipulate markets and get funds from their customers. Trading helps give them profits to leverage and depositing coins gives them fuel for manipulation. Eventually the thought is enough people will self custody causing market manipulators to crash like FTX as they run out of customer funds to play with.
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Does anyone here have funds held on Binance? If so, I would like to tell you that you do not. If you are able to get funds off Binance, do it. I’ve been urging people to distance from Binance ever since it was clear FTX failed using the Binance roadmap. Maybe Binance will survive, but having funds on that exchange right now is playing with fire.
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A lot of talk about Christian Wood and I agree it is a good signing, but I still don’t think he starts or even replaces Rui when it comes to minutes. Rui had a great season last year and I think Christian Wood will likely get garbage minutes in comparison. I still say he’s an insurance policy in case Anthony Davis goes down.
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After thinking about this a little, I think the AI boom that Nvidia is currently benefitting from will likely have a negative impact on crypto miners who typically rely on GPUs for their revenue. With AI becoming the main thought for Nvidia and investors now heavily invested and wanting profits, I could see this resulting in higher prices across the board.
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If you want to “handle” your incorrect price predictions I would suggest the first step to be documenting them. Have a thread with a list of dates and amounts of your predictions. Link to posts so people can see it’s legit and track which ones are correct versus which are wrong. Hold yourself accountable. Only way I can see to do it.
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I’ve noticed advertising as a whole online is getting a lot more lenient on what they will allow. Lately I’ve been seeing pornographic ads on my Facebook timeline even. With all the things they censor, it’s pretty crazy what they decide to let through. Anyway, hopefully at some point this newfound leniency will find it’s way to their YouTube platform.
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My car that I’ve been driving for more than a decade had its check engine light come on today. I sure hope Elon is able to get the Cybertruck deliveries rolling soon. Not sure how much longer my whip will be running. With all the price reductions on the rest of Tesla’s fleet and the tax rebates, it’s hard not to pull the trigger on a model 3 right now. Gotta keep my eyes on the prize though.
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With the Harden drama hanging over the Sixers, Embiid has come forward to say that he plans to stay in Philly no matter what happens with Harden. That seems like a positive development for them. They also signed Danny Green to bring him back to Philly, where I assume he will retire as he spent plenty of years there.
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Guessing what the price will do one week to another isn’t the greatest investment strategy. It will usually result in selling at a loss or selling and missing out on huge gains to make short term profits. I’d advise those considering a Bitcoin investment to look at Bitcoin in 4 year cycles, not week to week.
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