nutildah
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Happy 10th Birthday to Dogeparty!
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September 16, 2022, 01:44:41 PM Merited by BobLawblaw (13) |
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Guys...
I'm conflicted.
What are you supposed to do when a crime has been committed and you have reason to believe you know who did it?
I just don't know what to do!
Looks like Bob finally had enough of *checks recent Bob posts* neighbor farmers.
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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I just don't know what to do! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1N1eJjb.png&t=665&c=6YJlTMXPtcVFBw) I ADMIT NOTHING!
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ChartBuddy
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September 16, 2022, 02:01:16 PM |
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OutOfMemory
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Man who stares at charts (and stars, too...)
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September 16, 2022, 02:08:09 PM |
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Guys...
I'm conflicted.
What are you supposed to do when a crime has been committed and you have reason to believe you know who did it?
I just don't know what to do!
Looks like Bob finally had enough of *checks recent Bob posts* neighbor farmers. Bob's got some of these in reserve for his neighbors fo sure ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FFCHic0Q.png&t=665&c=wvJAdusm28pCyw)
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serveria.com
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Privacy Servers. Since 2009.
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September 16, 2022, 02:10:06 PM |
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Guys... I'm conflicted. What are you supposed to do when a crime has been committed and you have reason to believe you know who did it? I just don't know what to do! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1N1eJjb.png&t=665&c=6YJlTMXPtcVFBw) OMG, Bawb's in NYC? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Busted! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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I don't think world 0.2% Electricity is going towards Ethereum blockchain Math time ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) The world produces 26.8 million GWh per year. I assume mining happens in the cheapest countries, which charge $0.007, $0.013 or $0.014 per kWh (and this is a low estimate, most mining won't happen in very unstable countries). Let's take $0.01 because it's easy. That means 0.2% of the global electricity consumption costs $536 milllion per year. I know nothing about Ethereum, so I had to search: apparently it creates 12,400 new coins per day. At a value of $1441 per coin, that's worth $17.9 million per day. That makes $6.5 billion per year, and it's likely a large part of that money is spent on electricity. That means 0.2% of global electricity consumption sounds plausible ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Now back to Bitcoin: Bitcoin mining consumes quite a bit of power, to ensure the blockchain can't be changed. With Ethereum, it was shown years ago it hard forks and abandoned it's core principle ("code is law") the moment it was convenient for the rich creator. Since it's that centralized, all this hashing power is completely wasted! It could just as well be one computer in Vitalik's basement keeping records of the "blockchain".
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execijutiere
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Catalog Websites
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September 16, 2022, 02:24:03 PM |
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The market has started to fall again. This time I feel like ethereum's decline has started to affect bitcoin. Such a decline of the major altcoin will also affect the market after the merge update. If Bitcoin tests the 17 thousand band, it will be positive for the market. There is a small war going on right now. If the needle came to 19 thousand 400 dollars, if it breaks downwards, it will drop to 17 thousand 500.
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Lucius
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Crypto Swap Exchange🈺
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September 16, 2022, 02:34:41 PM Merited by JayJuanGee (1) |
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~snip~ Now back to Bitcoin: Bitcoin mining consumes quite a bit of power, to ensure the blockchain can't be changed. With Ethereum, it was shown years ago it hard forks and abandoned it's core principle ("code is law") the moment it was convenient for the rich creator. Since it's that centralized, all this hashing power is completely wasted! It could just as well be one computer in Vitalik's basement keeping records of the "blockchain".
If the data is correct, and that little self-centered character who is constantly trying to do something better than Bitcoin (in any sense), spent twice as much energy mining his centralized coin until yesterday. Now overnight he became the savior of the world because that 0.2% will change something? Source
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 16, 2022, 03:04:55 PM |
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Torque
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September 16, 2022, 03:05:25 PM |
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For all those concerned about recent price action just know that it won't last for that much longer. All markets are currently being driven by the actions of the CBs. Whether interest rates matter or not is not the point but the psychology certainly does. Anyway, lets see if the CBs continue to increase rates into an obvious deflationary (massively so) environment. https://twitter.com/AndreasSteno/status/1570491515624882176?cxt=HHwWgICw-c3twMsrAAAA![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2Fnw1fvKf%2FScreenshot-2022-09-16-184327.jpg&t=665&c=KCm9D5tU42653A) CBs have only till the end of this year. After which their credibility will be blown again. Don't think they will continue with the interest rates increases for much longer. Maybe they will get to about 4 or 4.5% tops before pivoting after which we will see a massive rally in all markets. There will still be inflation but that will help markets also. One key driver to the economy (at least here in the UK) is the housing market. From what I've heard that is already getting stuck in its gears, regardless of recent news articles saying we have had 15% year on year house price increases. Those were July figures based on sales agreed back in Feb / March mostly, well before the majority were concerned with energy increases, inflation etc. Many of us here saw it coming, but the average Joe only heard about it much later. Yep that's pretty much it. Current high inflation will drop, but after that we will have increased structural inflation, brought on by the fiscal responses to the upcoming deflation and other stupid government ideological reactions. Housing is a big driver, and was a large part of the latest core inflation increase coming from the US. But every housing market in the west (not just the UK) is now falling at a pretty fast rate, when this caries over into the very lagging core inflation every CB and government will go into panic mode. As you say markets will rocket. In this instance it is better to be early than late.Absolutely. I predict the stonk market will begin to front-run rally at least 4-6 months prior to any Fed pivot announcement. So if you see markets start to rally in December, you'll already know what's coming from the Fed in the spring.
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ChartBuddy
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September 16, 2022, 04:04:51 PM |
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ChartBuddy
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September 16, 2022, 05:04:50 PM |
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JimboToronto
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You're never too old to think young.
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September 16, 2022, 05:18:18 PM |
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If you feed stray cats, you shouldn't complain when they shit on your porch.
Cats don't shit on porches. Dogs do. Cats are smart enough to bury their shit.
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eXPHorizon
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Precision Beats Power and Timing Beats Speed.
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September 16, 2022, 05:40:45 PM |
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My dear followers we are the Gods now !
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xzy887
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September 16, 2022, 05:45:13 PM |
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Paashaas
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September 16, 2022, 06:00:49 PM |
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ChartBuddy
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September 16, 2022, 06:01:21 PM |
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eXPHorizon
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Precision Beats Power and Timing Beats Speed.
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September 16, 2022, 06:21:11 PM |
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https://youtu.be/N3Ik3FX_h6kThey can never outdo us we are Naturaly gifted the very thing they vowed to surpress. You instinctly know the truth and that is what makes you a part of the greatest group to walk the modern earth.
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cygan
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icarus-cards.eu
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September 16, 2022, 06:31:19 PM |
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xhomerx10
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Seems like it might be cat shit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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