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glowing bitcoin eyes
Africa says: in two weeks
what is the outcome?
# sunday haiku
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Oh, nooo, they can't do that! /s |
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not sure why such animosity against Coinbase....Local bitcoins are closed.....hellooooo.
you can buy or sell on Coinbase in a fairly liquid fashion, cash out or transfer out...what else do you need?
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I cannot make sense of it all....
If bitcoin is the denominator, what would be the numerator, really?
...what is happening here must (or could) be Singularity /s
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Free dollars for every criminal organisation folks! That's how valuable they are. Central banks to boost flow of US dollars amid market uneasehttps://www.bbc.co.uk/news/business-65010255It's becoming a bit of a joke now isn't it?  ---- I was listening to a a bunch of morons in a podcast in which they were bullish on gold and supposedly understood BTC perfectly well but don't believe in it since it didn't keep up with inflation last year. Gold literally only JUST kept up with official CPI inflation over the last 12 years! And that is WITH recent mammoth buying by the Briks nations which they pointed out themselves. Madness they can't even be a tiny bit objective in their own stupidity. the spice must flow... Dune |
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Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.
to me, it looks like a publicity stunt. However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered. js Or 4% per day for 90 days is 1MM per coin. That's true. Very similar to what Arthur Hayes did last week predicting 1 million. There's also this Ryan Selkis who claims we'll go to 100k this year https://twitter.com/twobitidiot/status/1636547059313516545?s=20And on the other side of the spectrum we have Gareth Soloway who kept repeating his 10k bitcoin prediction last year. The guy was interviewed 4 days ago when bitcoin was at 25k and again said that we're going to 12k this year... Link below if anybody's interested. https://www.youtube.com/watch?v=YhW-g8jFpoM&lc=UgzsFkZ55I6tYKmESWh4AaABAgah, slick-haired Gareth...he doesn't sound sharp at the moment, but things are always changing. |
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You misspelled "ghey". C'mon get woke.
I'm actually gay, tho. .... did that old white man just assumed your gender? "old white man" is pejorative in any language, pal (or gal-pal). fyi, I was making fun of the 'woke sjw crowd'. And only these racist idiots label white old man pejoratively... it has nothing to with "any language"... understood, but jokes don't translate well. had to look the sjw term, though; I am mostly present in social circles where these topics are rarely discussed, if ever. |
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You misspelled "ghey". C'mon get woke.
I'm actually gay, tho. .... did that old white man just assumed your gender? "old white man" is pejorative in any language, pal (or gal-pal). |
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Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.
to me, it looks like a publicity stunt. However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered. js |
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Leave it to the literal Nazi bank UBS to come to Credit Suisse's "rescue". Another criminal organisation taking over a criminal organisation. The Swiss National Bank said the deal was the best way to restore the confidence of financial markets and to manage risks to the economy.
Both banks will be given a liquidity assistance loan of up to $110bn.
In other words: a criminal bail out using tax payer's money. Bitcoin is literally the only way forward. Criminal western governments and criminal western central banks have confirmed this through their constant criminal actions. is it in addition to 54 bil given to CS the other day, or including, I wonder. 100bil here, 2 tril there...and soon we are talking about "real" money  . |
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Not sure if this was posted already or not: https://blog.bitmex.com/kaiseki/TL;DR Arthur Hayes explains new policies and their impact on almost everything...pretty cool...selling stonks, buying btc, etc, etc. |
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our lives are during
the incompetence era;
as simple as this
#Sunday haiku
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[edited out]
As to being ready for uppity. We kid. But I would sell every digital coin I have if the 3 I hold all did all-time highs this may. you know the 3 I hold. BTC and bla/bla I would say that dumping does not make me coinless or a no coiner as I would be still mining BTC and Bla/Bla and I could hold them. Using the sales in fiat of current holds I would not have to sell any freshly mined coins for years to come. But I am more of an outlier for this board due to mining the coins. I am bringing the 2 s19 pros to the mine today. amazingly prices is almost high enough for them to earn money in my house at 14 cent power - 3 for heat benefit 200th is $16 bucks a day earned power is 150 x .11 = $16.50 a day it is a big rally for mining. For sure, there are quite a few more formulas when we are talking about how much exposure a BTC miner might need to bitcoin when they are also exposed to BTC through their mining. Of course, some of the traditional knowledge is that it tends to be much cleaner and easier to calculate roads to profits when merely just getting exposure to bitcoin through accumulation and holding and the various kinds of accumulating, maintaining and liquidating strategies that we tend to discuss here in this thread on a fairly regular basis, and so in some sense mining just adds an additional level of risk, even though it is providing a kind of service that in which bitcoin would not be able to even exist in the event that mining did not exist.. but still does not necessarily make mining a prudent investment.. for someone who does not necessarily want a job or otherwise interested in fiat cashflow that comes from a business like that. I would not have had been opposed to it in my younger years or even if I felt that I were to need a job... but I spent a lot of years already working, so why create more jobs for my lil selfie? so on a personal level I could not imagine someone who is even older (more elderly) than me wanting to stay busy like that.. but to each his/her own. and for sure there are tinkerers out there and there are likely ways to create some of your own efficiencies and perhaps cause your mining to be relatively more competitive than others and for sure we had seen some periods (such as 2021) in which the mining was likely out performing bitcoin considerably especially given the stuff that ended up happening in china that then had the fallout windfall benefits for miners who had already been set up, but surely some of the miners who were either late to the game or they ended up overly leveraging themselves likely ended up suffering quite a bit.. especially in 2022.. and not all miners suffered, especially if they had not overly leveraged.. and perhaps engaged in some other decent risk management strategies (including perhaps selling some coins on the way up rather than on the way down, and surely I do not have a lot of confidence in your own claims, Philip, in which you were both saying that you were selling lots of coins below $20k and you were also kind of whimpy in your re-accumulation of coins.. but perhaps some of that seemingly less than ideal strategies might have had ways to still be profitable.. but surely, I question some of that, including sometimes the gamblers will talk about their wins and not their losses and then end up really skewing the data.. .. not that you have any kind of meaningful obligation to exactly report to us, anyhow... but not going to get some of the guys (like me) to become a bit irritated by bragging about selling below $20k and then seemingly having whimpy reaccumulation plans and even somewhat unrealistic expectations to buy back lower.. just ridiculous in some sense... in terms of prudent management of any BTC stash whether a business related stash or a personal stash. You just don't realize how profitable bitcoin mining is IF you managed to buy machines when prices are at the low side and/or if your cost of energy is also low (and phil's is because it is solar). In late 2021 it was possible to even sell the miner you bought in mid-late 2019 for 2-4X $ cost (and maybe even more) even AFTER it mined for two years (I wasn't smart enough to do it this way, unfortunately). Phil just told you that one 100th machine earns $8/day, which means roughly 2-2.5K a year (after adjustment for difficulty rise), which means that machine is paid off in a year and after that almost pure profit (or at least 70% margin) if electricity is 4-5c/kwh. Imagine what this miner would earn if btc price doubles or triples. Maybe you are not a techie, but setting up a mining machine is ten times simpler than a new laptop. Lots of noise, though...home mining is only advisable if you have 5-7c or below power and a basement (or shed) as it is unbearable in the living quarters even with an empty room and the closed door. Need right cables too as it "eats" a lot. Your typical home cables are no good as it is best at 220-240V (with US being typically at 110V, apart from washer/dryer). |
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What happened to buddy? Wheres the hourly post? Buddy? BUDDY!? *hyperventilating*  he got tired so he took a break. no, it's an upgrade to always do phil+1 posts (on a daily) ...I kid, I kid |
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found another interesting linky in that $1mil btc bet (which I think has very low probability): https://coingape.com/credit-suisse-ubs-merger-confirmed-ft/it's all in the string of the link. Wow! btw, if btc is above 1mil in the next 90 days, it would mean something has gone horribly wrong in the fin system and it died. bitcoin at $1 mil in, say, 3-5 years would be just fine. We are on the same page… looks like we might start seeing more banks merge…maybe all of them! yea, according to Ackman's (@FuzzyPanda as the original source) retweet rumors, up to 20 regionals were visiting with Warren in Omaha. Mega-regional bank anyone? |
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SETI@home is in hibernation.
We are no longer distributing tasks. The SETI@home message boards will continue to operate, and we'll continue working on the back-end data analysis. Maybe we'll even find ET!
Thanks to everyone for your support over the years. We encourage you to keep crunching for science.
https://setiathome.berkeley.edu/seti was my 1st introduction to distributed computing projects back in the day. and look where we are now.. mine too, bro. EDIT: another (much later) was looking at Kepler graphs and try to id a planet-I enjoyed that one (before they developed an advanced automatic search function). |
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found another interesting linky in that $1mil btc bet (which I think has very low probability): https://coingape.com/credit-suisse-ubs-merger-confirmed-ft/it's all in the string of the link. Wow! btw, if btc is above 1mil in the next 90 days, it would mean something has gone horribly wrong in the fin system and it died. bitcoin at $1 mil in, say, 3-5 years would be just fine. |
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This is not a bull run. It's just a gyration in the market. It's noise along our predestined path downward. Six months from now the price will be a lot lower than it is.
Here is three merits for being a buzz 🐝 kill Those that know know their inverse indicators. We should play along, don't you think...otherwise it is less interesting. I am down for some lama play or alpaca socks.  I have three pairs of alpaca socks. weren't they (alpaca socks) some kind of meme on btctalk waybackwhen? I vaguely remember something. EDIT: Oh, yeah, not a completely false memory: https://twitter.com/gavinandresen/status/266923442488627200?lang=ennot on btctalk, but from Gavin |
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