HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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November 08, 2018, 08:18:38 AM Last edit: November 08, 2018, 08:34:29 AM by HairyMaclairy |
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There is no scarcity with gold. It’s very easy to dig up more if the price goes up and exceeds your marginal cost of production.
Mining more gold is no different than printing more fiat. The only difference is you use haul trucks instead of printers.
Anyone who thinks otherwise knows nothing about modern mining.
It’s not the Jews. It’s Barrick, Anglo and Newcrest.
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LoyceV
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Activity: 3472
Merit: 17522
Thick-Skinned Gang Leader and Golden Feather 2021
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November 08, 2018, 09:20:05 AM Last edit: November 08, 2018, 09:49:00 AM by LoyceV |
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As far as I know, there are about 20 million funded Bitcoin addresses. But considering many people have more than one funded address, I think the number of actual Bitcoin owners is much less than 20 million. I'm more interested in the production cost: Bitcoin is often mentioned as being bad for the environment, but if gold-production costs 20 times more, I'm pretty sure it pollutes a lot more too! It's just using diesel instead of electricity. Why isn't that ever highlighted in the media?
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Ibian
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Activity: 2268
Merit: 1278
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November 08, 2018, 09:34:37 AM |
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Why isn't that ever highlighted in the media?
Because the media, and legacy finances including banking, and 99% of the political establishment are all on the left. We are on the right. That's why. It's the same with global warming. co2 is not a pollutant first of all, but more than that it is necessary for all life on the planet. C6H12O6. Plants turn co2 into oxygen and act as food for animals. More co2, more oxygen and food, more animals, more life. And I have never seen this mentioned in the media or anywhere else.
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El duderino_
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Activity: 2674
Merit: 13098
BTC + Crossfit, living life.
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November 08, 2018, 09:41:18 AM |
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Things got a little weird doing the roombah the first time! Not sure what happened there... possibly too much fuel Avatar-sized i would suggest the other one as well
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El duderino_
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Activity: 2674
Merit: 13098
BTC + Crossfit, living life.
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November 08, 2018, 09:43:49 AM |
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As far as I know, there are about 20 million funded Bitcoin addresses. But considering many people have more than one funded address, I think the number of actual Bitcoin owners is much less than 20 million. I'm more interested in the production cost: Bitcoin is often mentioned as being bad for the environment, but if gold-production costs 20 times more, I'm pretty sure it pollutes a lot more too! It's just using diesel instead of electricity. Why isn't that ever highlighted in the media? i think he needs to be HATted as well . (when my avatar changes from HAT sometimes its allways a XhomerX created one, never a clone or fork HAT)
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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November 08, 2018, 10:31:26 AM Last edit: November 08, 2018, 10:57:46 AM by Last of the V8s |
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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November 08, 2018, 10:34:46 AM |
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stfu jjg
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Speculatoross
Sr. Member
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Activity: 490
Merit: 353
this is not a bounty avatar
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November 08, 2018, 10:42:31 AM Merited by JayJuanGee (1) |
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As far as I know, there are about 20 million funded Bitcoin addresses. But considering many people have more than one funded address, I think the number of actual Bitcoin owners is much less than 20 million. I'm more interested in the production cost: Bitcoin is often mentioned as being bad for the environment, but if gold-production costs 20 times more, I'm pretty sure it pollutes a lot more too! It's just using diesel instead of electricity. Why isn't that ever highlighted in the media? i think he needs to be HATted as well . (when my avatar changes from HAT sometimes its allways a XhomerX created one, never a clone or fork HAT) not saying i dont like what i read on that table, but at same time i think it loses credibility if posted without any source
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El duderino_
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Activity: 2674
Merit: 13098
BTC + Crossfit, living life.
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November 08, 2018, 10:54:13 AM |
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gonna need to extend the ROLLER
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LFC_Bitcoin
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Activity: 3696
Merit: 10359
#1 VIP Crypto Casino
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November 08, 2018, 10:58:06 AM |
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I rather liked it Homer
Thanks jojo I did too but it was a little shiny. I like the way you looked after big miG - that was very cool. ...and he's moving up! FFS I’m on 251 Merit received. Talk about lacking off the pace.
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bitserve
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Activity: 1834
Merit: 1477
Self made HODLER ✓
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November 08, 2018, 11:58:01 AM |
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I rather liked it Homer
Thanks jojo I did too but it was a little shiny. I like the way you looked after big miG - that was very cool. ...and he's moving up! FFS I’m on 251 Merit received. Talk about lacking off the pace. I feel you bro
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Last of the V8s
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Be a bank
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November 08, 2018, 12:18:33 PM Last edit: November 08, 2018, 12:44:42 PM by Last of the V8s |
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Not all conservatives are pro-bitcoin. They too can be immensely stupid. Anyway people's opinions about bitcoin are neither here nor there. It carries on regardless.
edit:stfu jjg
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LFC_Bitcoin
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#1 VIP Crypto Casino
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November 08, 2018, 12:19:16 PM |
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Because the media, and legacy finances including banking, and 99% of the political establishment are all on the left. We are on the right. That's why.
Just curious, do you think that’s correct? Most of us are on the right here? Personally I lean slightly towards far right.
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Phil_S
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We choose to go to the moon
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November 08, 2018, 12:35:15 PM |
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Meanwhile, in banking/trading news: https://www.reuters.com/article/uk-forex-lawsuit/big-investors-sue-16-banks-in-u-s-over-currency-market-rigging-idUSKCN1NC34JBig investors sue 16 banks in U.S. over currency market rigging
NEW YORK (Reuters) - A group of large institutional investors including BlackRock Inc and Allianz SE’s Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market.
The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan’s MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
The plaintiffs in Wednesday’s lawsuit accused the banks of violating U.S. antitrust law by conspiring from 2003 to 2013 to rig currency benchmarks including the WM/Reuters Closing Rates for their own benefit by sharing confidential orders and trading positions.
This manipulation was allegedly done through chat rooms with such names as “The Cartel,” “The Mafia” and “The Bandits’ Club,” through tactics with such names as “front running,” “banging the close,” “painting the screen” and “taking out the filth.”
“By colluding to manipulate FX prices, benchmarks, and bid/ask spreads, defendants restrained trade, decreased competition, and artificially increased prices, thereby injuring plaintiffs,” the 221-page complaint said.
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bitserve
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Activity: 1834
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Self made HODLER ✓
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November 08, 2018, 12:52:23 PM Merited by LFC_Bitcoin (1) |
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Yeah, but most leftists (Hairy is an honorable exception here) will keep waiting forever till Bitcoin is fed to them for free and/or complaining that some other people already have them and they don't.
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Ibian
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Activity: 2268
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November 08, 2018, 12:58:13 PM |
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Exceptions exist. It shouldn't be necessary to keep saying that over and over and fucking over. Averages matter. Also that guy is old.
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Ibian
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November 08, 2018, 12:59:13 PM |
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Because the media, and legacy finances including banking, and 99% of the political establishment are all on the left. We are on the right. That's why.
Just curious, do you think that’s correct? Most of us are on the right here? Personally I lean slightly towards far right. That... is still some variation of right?
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Last of the V8s
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Activity: 1652
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Be a bank
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November 08, 2018, 01:01:53 PM |
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“The greatest happiness is to vanquish your enemies, to chase them before you, to rob them of their wealth, to see those dear to them bathed in tears, to clasp to your bosom their wives and daughters.”
“Conquering the world on horseback is easy; it is dismounting and governing that is hard.”
Genghis Khan was a poof.
stfu jjg
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