fillippone
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Activity: 2212
Merit: 15925
Fully fledged Merit Cycler - Golden Feather 22-23
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September 23, 2022, 09:13:08 PM |
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We just might see the heavily hailed Greta Great Reset develop in front of our eyes..
I'm already thinking about how to answer "What did you do back then?" to my descendants. I can just hope they will have a nice life with the coins I leave them
I think this is the best reason why I am stacking sats. I don't want my heritage go and piss on my tombstone : "You stupid ass, what were you doing in 2009? You were playing Halo, weren't you? Why didn't you buy Bitcoin? Whey weren't you stacking sats in 2022 during the crypto winter??" I want them to go to my tombstone and..."Good ol'fillippone: fucking legend".
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Gachapin
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Activity: 966
Merit: 1959
bitcoin retard
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September 23, 2022, 09:29:34 PM |
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Sorry I'm too dumb.
You can say that again. it's not so easy to speak about my inner self repeatedly.. but time will come [~root of JJG stolen idear~]
sometimes I just wanna feel like a kitten playing with yarn ... No!!!! Don't do it.. Next thing you will bringing in dead squirrels as "gifts". I probably already have by replying to several merit beggars recently. God forgive me... https://www.youtube.com/watch?v=lObLyBLwERI
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 23, 2022, 10:04:50 PM |
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sirazimuth
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Activity: 3416
Merit: 3547
born once atheist
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September 23, 2022, 10:31:36 PM Merited by JayJuanGee (1) |
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.....
Bitcoin has POW ...in fact it's the strongest POW network on earth.
Energy is limited.
It's extremely difficult run a second BTC, because you cannot inflate energy.
But you can inflate the number of non-POW shitcoins to infinity.
Right now, no shitcoin can possibly reach Bitcoin's unique power physically. So shitcoiners try it at least verbally, hoping to dupe enough people into buying their trash.
Lacking own real power, shitcoins are desperate to present themselves as being unique. That's why they gather around and compare themselves to the most powerful player which is BTC.
......
Totally agreed, But here's the thing... (I've paraphrased/posted this before) yes, shitcoins wouldn't have any value were it not for bitcoin. Unfortunately, and very sadly, that statement in reverse has considerable merit. Think about it. Don't get me wrong, I'd love to see shitcoins evaporate ... but it's not gonna happen. As long as King Daddy rules/exists, the shitcoins will too. Deal with it. (we can't advocate outlawing them, that's against libby ideology ain't it?) (bracing myself for the inevitable batslaps and the like)
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 23, 2022, 11:01:16 PM |
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OROBTC
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Activity: 2912
Merit: 1852
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September 23, 2022, 11:31:05 PM Merited by sirazimuth (1) |
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...
JJG 627118
Yeah, I've seen the Citadel but just now noticed the ranks (as nobility) just to the right of the mount.
I suspect we all wish we were one or two levels higher than we are now... LOL
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Gachapin
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Activity: 966
Merit: 1959
bitcoin retard
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September 23, 2022, 11:51:51 PM |
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...
JJG 627118
Yeah, I've seen the Citadel but just now noticed the ranks (as nobility) just to the right of the mount.
I suspect we all wish we were one or two levels higher than we are now... LOL
and the top is vacant rip Bogdanoffs
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 24, 2022, 12:01:21 AM |
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Gachapin
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Activity: 966
Merit: 1959
bitcoin retard
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September 24, 2022, 12:12:55 AM Last edit: September 24, 2022, 01:18:02 AM by Gachapin |
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.....
Bitcoin has POW ...in fact it's the strongest POW network on earth.
Energy is limited.
It's extremely difficult run a second BTC, because you cannot inflate energy.
But you can inflate the number of non-POW shitcoins to infinity.
Right now, no shitcoin can possibly reach Bitcoin's unique power physically. So shitcoiners try it at least verbally, hoping to dupe enough people into buying their trash.
Lacking own real power, shitcoins are desperate to present themselves as being unique. That's why they gather around and compare themselves to the most powerful player which is BTC.
......
Totally agreed, But here's the thing... (I've paraphrased/posted this before) yes, shitcoins wouldn't have any value were it not for bitcoin. Unfortunately, and very sadly, that statement in reverse has considerable merit. Think about it. Don't get me wrong, I'd love to see shitcoins evaporate ... but it's not gonna happen. As long as King Daddy rules/exists, the shitcoins will too. Deal with it. (we can't advocate outlawing them, that's against libby ideology ain't it?) (bracing myself for the inevitable batslaps and the like) shitcoins will probably never disappear. they feed on easily manipulated or ignorant people, and of these we have a never ending natural supply I absolutely don't buy the idea that Bitcoin wouldn't have any value without shitcoins. it certainly had value, when there weren't any shitcoins around. all shitcoins came into existence in the slipstream of Bitcoin. most of them wouldn't use POW... because compared to BTC they would obviously look like shit ...check the ones that tried: LTC, BCH, BSV etc ... (willing to be merciful with XMR)if I had to choose, I would rather support the idea that Bitcoin had a higher market cap without any shitcoins around ...and many people would have had easy gains with BTC instead of loosing money with p&d shitcoins
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sirazimuth
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Activity: 3416
Merit: 3547
born once atheist
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September 24, 2022, 12:18:21 AM Last edit: September 24, 2022, 01:22:14 AM by sirazimuth Merited by Biodom (1), JayJuanGee (1) |
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...
JJG 627118 .....
Interesting way to quote. Never seen that before. I like it. Go to CoinWarz and plug in numbers. If one is paying 10 cents per kwh, (dirt cheap) one makes 48 cents a day. If your electric rate is over 10 cents per kwh, you're mining at a loss at todays price... OOF! Now granted, that obviously does not take into account what bitcoin price will be in future. DYOR. I did this back in 2015, ie ....mined at a loss, but hodeled and banked on bitcoin price going up, and it did, and I did quite well. Today, I'm gonna pass, thank you. (I pay .22 per kwh) I'll just continue DCA'ing as I have been since 2015.
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ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 24, 2022, 01:03:24 AM |
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sirazimuth
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Activity: 3416
Merit: 3547
born once atheist
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September 24, 2022, 01:12:28 AM |
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....
I absolutely don't buy the idea that Bitcoin wouldn't have any value without shitcoins. it certainly had value, when there weren't any shitcoins around.
......
Of course bitcoin would still have value without shitcoins in the mix. My point is that it would drop in value if shitcoins were to evaporate overnight. Obviously they won't, just a thought experiment , if you will. And that's not to say it wouldn't regain its previous value over time. I'm sure it would. But again, as you agreed, shitcoins will always be part of equation, like it or not.
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vapourminer
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Activity: 4382
Merit: 3716
what is this "brake pedal" you speak of?
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September 24, 2022, 01:17:11 AM |
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....
I absolutely don't buy the idea that Bitcoin wouldn't have any value without shitcoins. it certainly had value, when there weren't any shitcoins around.
......
Of course bitcoin would still have value without shitcoins in the mix. My point is that it would drop in value if shitcoins were to evaporate overnight. Obviously they won't, just a thought experiment , if you will. And that's not to say it wouldn't regain its previous value over time. I'm sure it would. But again, as you agreed, shitcoins will always be part of equation, like it or not. i wonder. when i started there was only bitcoin. well, namecoin too popped up after a bit (merged mining) but that was more or less a dead end. ergo, bitcoin worked fine. all by itself. Bitcoin stands alone. as in, no shitcoins need apply.
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Biodom
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Activity: 3808
Merit: 4078
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Is pound edging to dollar parity? Would it be a first? Currently below prior 1.10 low in 1985. Things seem to move fast these days.
Waiting for the sustained upward move in btc, which might come by the end of Q1 2023, imho.
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vapourminer
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Activity: 4382
Merit: 3716
what is this "brake pedal" you speak of?
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JJG 627118
Interesting way to quote. Never seen that before. I like it. thats some opcode or machine code for the JJG bot that accidentally got displayed.. poor error trapping probably
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Gachapin
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Activity: 966
Merit: 1959
bitcoin retard
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....
I absolutely don't buy the idea that Bitcoin wouldn't have any value without shitcoins. it certainly had value, when there weren't any shitcoins around.
......
Of course bitcoin would still have value without shitcoins in the mix. My point is that it would drop in value if shitcoins were to evaporate overnight. Obviously they won't, just a thought experiment , if you will. And that's not to say it wouldn't regain its previous value over time. I'm sure it would. But again, as you agreed, shitcoins will always be part of equation, like it or not. Sorry. I might have misunderstood. I think the only difference in our view is that you seem to be quite certain that BTC would drop in value. I'm not so sure about that. I mean it's certainly possible! but who can predict the market 100%... I could think of several variations of your thought experiment in which BTC could gain in value or stay relatively stable.. we will probably never know what would happen ...as shitcoins will live on, for sure
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sirazimuth
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Activity: 3416
Merit: 3547
born once atheist
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September 24, 2022, 01:55:48 AM Last edit: September 24, 2022, 02:16:54 AM by sirazimuth |
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..... i wonder. .......
That's all I do. And then I post. .....
When i started there was only bitcoin.....
There were around 15 shitcoins when I started. I was slightly late. ******** was first coin I mined before buying two S4's and doing it properly. (truth be told, I did briefly switch s4's to mining ******** only because profits. And I actually hit 3 blocks. Albeit, I never did hit a block of bitcoin.) edit.... Fun quiz! who can guess that shitcoin I was briefly mining for good profit in 2015 with an S4 (Hint....SHA256, obviously) First correct answer gets a merit. (and a batslap from jay... lol) .....
. well, namecoin too popped up after a bit (merged mining) but that was more or less a dead end.
Yes I was mining them by default in the BTC Guild mining pool, first pool where I mined bitcoin, before it closed in 6/2015 I traded them all for additional bitcoin. Then I just went to the standard Antpool. .....
...... no shitcoins need apply.
Agreed, they don't need to, but they do, and now we have millions of the bastards...
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philipma1957
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Activity: 4172
Merit: 8117
'The right to privacy matters'
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September 24, 2022, 01:58:46 AM Merited by sirazimuth (1) |
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...
JJG 627118 .....
Interesting way to quote. Never seen that before. I like it. Go to CoinWarz and plug in numbers. If one is paying 10 cents per kwh, (dirt cheap) one makes 48 cents a day. If your electric rate is over 10 cents per kwh, you're mining at a loss at todays price... OOF! Now granted, that obviously does not take into account what bitcoin price will be in future. DYOR. I did this back in 2015, ie ....mined at a loss, but hodeled and banked on bitcoin price going up, and it did, and I did quite well. Today, I'm gonna pass, thank you. (I pay .22 per kwh) I'll just continue DCA'ing as I have been since 2015. I have far under 10 cents. we just built a 280kwatt solar array. and have 16months left on a prepaid power contract So gear like this s19 are sold for us. basically can't lose out other than a fire/theft of gear
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