Richy_T
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March 04, 2021, 02:46:04 PM |
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law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.
Lack of funding? Because that stuff is super extremely expensive. Why it's so expensive? Laws of physics. I think we've seen from the latest couple of rounds of government expenditure that claiming space exploration as expensive is laughable. In the face of 2 trillion dollars of pork, 150 billion for the ISS looks like pocket change.
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dieselmeister
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March 04, 2021, 02:55:05 PM |
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and again ... shortly up to 50,6k ... now down again in very short time under 50k ... no manipulation at all ... pure market ...
BUT could been a long REKT ... But I would suggest a short REKT when the price gone up ...
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BitcoinBunny
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Far, Far, Far Right Thug
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March 04, 2021, 03:00:37 PM Merited by BobLawblaw (1) |
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law of physics did not prevent us from visiting moon, sending probes beyond the solar system, exploring other planets and moons of our solar system. it is purely the lack of funding and lack of awareness that keeps us from building a lunar station, sending astronauts to mars, start building a generational space ship, start building lots of ISS alike stations in orbit.
Lack of funding? Because that stuff is super extremely expensive. Why it's so expensive? Laws of physics. I think we've seen from the latest couple of rounds of government expenditure that claiming space exploration as expensive is laughable. In the face of 2 trillion dollars of pork, 150 billion for the ISS looks like pocket change. In 100 years 1 BTC probably buys you a Starship Enterprise whilst the FED are printing 10 trillion trillion trillion dollars. If I could live that long I'd be on the holodeck with Jeri Ryan. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.tenor.com%2Fimages%2F0f48b1ebefb4136c9fc1d185921e8ab1%2Ftenor.gif&t=665&c=Nri1rP0J4S7Iyw)
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Phil_S
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We choose to go to the moon
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March 04, 2021, 03:04:40 PM |
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Fresh 'scientific' FUD: https://www.sciencedirect.com/science/article/abs/pii/S2214629619302701Results indicate that in 2018, each $1 of Bitcoin value created was responsible for $0.49 in health and climate damages in the US and $0.37 in China.
Further, with each cryptocurrency, the rising electricity requirements to produce a single coin can lead to an almost inevitable cliff of negative net social benefits, absent perpetual price increases. For example, in December 2018, our results illustrate a case (for Bitcoin) where the health and climate change “cryptodamages” roughly match each $1 of coin value created. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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DaRude
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In order to dump coins one must have coins
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March 04, 2021, 03:07:34 PM |
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Good Morning WOvians ... So we had a huge dump from our friend the fuck2pool again this night to get the price down under 50k ... luckly we closed yesterday over 50k. We had a nice breakout to the upper side of the bull-flag ... and it seems to be goingupwarts until a bigger dump cam up. My suggestion is again a couple of thousands corns were dumped from fuck2pool ...
Where do you get the data for f2pool? Also, don't be too worried, the market will eat up all their coins. In addition, I think they are a chinese pool right? this means if they say they have a million coins they actually have no more than 100k. The chinese are so full of shit, they big note themselves at every moment. It's for 'face' everything is about face for these tossers. CryptosRus makes several videos about this. They aree the only once how has and bitcoin outflow since december. And maybe it'S because they have mining farms in regions, where they forbidd mining in the future. Nobody knows, why they doing it, but they doing it. Nevertheless the number of coins they are moving ... Add several thousend to the market and the price is suffering. The same, add fiat money to the market and the price will go up. Cryptoquant is one source. You can see the daily outflow for free. The hourly outflow you have to pay for it. https://cryptoquant.com/overview/full/227?window=dayTo be clear. We can trade millions of coins between us, there is not much price movement. You have to put in fresh (fiat) money, than the price goes up or you put "fresh" coins to the market and the price is going down. In the long run they will loose and their coins will be eaten up. But they can cause movement around some key points and invalid outbreak on patterns for example or put us under a psychological barrier ... So don'T underestmated the force of 8400 addtional coins on the market... Yesterday, for example. You are right, if we have a massive buyer market, then they coins will be eaten up very fast! Thanks for the link. Yeah, long term is the way. I'm not going to deny that the short term movements from these sort of things don't suck, but long term its upward with f2pool sliding into irrelevancy. Btw. 8400 Coins sems small when you see the movment on the market. But these are 420.000.000$ .. these are 42% of what michael put in fiat on the market. So 400 M$ has an impact in both ends. In fiat also in coins ... willy woo says that glassnode data that checks the pool sales on exchanges does not at all hint any big f2pool sell. So if they're tracing the outflows of f2pool, why can't they show remaining balance? This is bitcoin we're talking here right? Plus i doubt that it's them, shouldn't Gox be liquidating their coins to pay out the claims that decided to be settled in cash soon?
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Richy_T
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March 04, 2021, 03:08:56 PM |
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I'm fine with investing more, like 2x or 3x.
But some of the pie-in-the-sky ideas I hear here require spending 100x or 1000x more. Is it possible?
Even worse, some daydreamers don't even think about the costs. Or even laws of physics.
They think the 'magic of technology' plus 'magic of positive thinking" can solve absolutely everything. And soon.
One issue is that space has been not only politically unpopular for spending money on (something I nominally agree with as a libertarian) but also heavily controlled and regulated by the government for private companies (something that I don't agree with). The latter has somewhat been relaxed recently but not by much. We went to the moon for political reasons which meant we used technology that wasn't ready then dropped it when those political reasons were no longer present. If it had been for financial reasons, we'd have waited a few years for better tech and probably have moon bases by now or maybe not. Satellites have been financially viable and now there are 2,666 operational satellites of which 1,646 are commercial (data from April 2020).
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BitcoinBunny
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Far, Far, Far Right Thug
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March 04, 2021, 03:09:54 PM |
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Fresh 'scientific' FUD: https://www.sciencedirect.com/science/article/abs/pii/S2214629619302701Results indicate that in 2018, each $1 of Bitcoin value created was responsible for $0.49 in health and climate damages in the US and $0.37 in China.
Further, with each cryptocurrency, the rising electricity requirements to produce a single coin can lead to an almost inevitable cliff of negative net social benefits, absent perpetual price increases. For example, in December 2018, our results illustrate a case (for Bitcoin) where the health and climate change “cryptodamages” roughly match each $1 of coin value created. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) We should obviously get back to more ethical and less energy demanding storages of wealth such as digging up thousands of tonnes of soil to get a few micrograms of gold or sending little African children into the mines to get it for us.
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Dabs
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The Concierge of Crypto
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March 04, 2021, 03:15:43 PM |
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I'm with the other guy who thinks we should be grounded in reality for now. Space elevators are fun and all, but we could still cover a lot of surface area on the planet, maybe even in the oceans, for plenty of solar panels / arrays to power the world (or a bitcoin miner.) I found this before: https://landartgenerator.org/blagi/archives/127![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flandartgenerator.org%2Fblagi%2Fwp-content%2Fuploads%2F2009%2F08%2FAreaRequired1000.jpg&t=665&c=MQnd7fK_GoRyhg) So it's not updated, but you can line up a whole bunch of solar panels near the equator and not much is needed to power the world (not including bitcoin miners) ... That article also discusses wind power and hydroelectric power. Edit: here is another one just for bitcoin. https://landartgenerator.org/blagi/archives/5697![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flandartgenerator.org%2Fblagi%2Fwp-content%2Fuploads%2F2017%2F12%2FBitcoinAreaRequired.jpg&t=665&c=Ox_gF8nOgmWg5w)
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JimboToronto
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You're never too old to think young.
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March 04, 2021, 03:20:32 PM |
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Good morning Bitcoinland.
The battle for $50k continues... currently $49255USD/$62248CAD (Bitcoinaverage).
Bouncy bouncy. Coiling.
Sometimes sideways is good.
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rdbase
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Join the world-leading crypto sportsbook NOW!
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March 04, 2021, 03:48:25 PM |
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Seems like a different life sometimes. That is a nice photo of symbolism to a video I was just going to watch as I hadn't have time to in the last week since I found it on youtube shuffle. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bitcoin price keeps some people infront of their monitors watching the action take place but just like that, you got to keep active because you know idle hands is the devils workbench. Or something like that. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'll post the link to the video over the weekend and use that pic you posted back in 2013 to mark it as a must see. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Posted up the video with link to this thread: https://bitcointalk.org/index.php?topic=5321650Youtube had temporarily removed it about a month ago due to it crossing one of their conditions restrictions but then put it back up. Some one was saying in the youtube comment section there was another film just like this one available on bitchute called: "The greatest story ever told!" I know what I will be doing this weekend for an hour or two. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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cAPSLOCK
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Whimsical Pants
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March 04, 2021, 03:48:56 PM |
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Because the powers that be are a combination of clueless (this one is decreasing) and afraid (this one is increasing).
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Wilhelm
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March 04, 2021, 04:10:31 PM |
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You need a counterweight to stop it all coming down to earth ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) yup, geosync orbit is the midpoint of the elevator. well, more or less. as you say it needs a counterweight further out so it doesnt need to be the actual midpoint. one can go with no real dedicated counterweight, just make the cable twice as long and use the mass of the cable itself thats past geosync as the counterweight. i believe you can sling stuff off the far end too if its just cable past the geosync point. iirc. but you know this of course, this is for those who havent looked into it. didnt Arthur C. Clarke 1st came up with the space elevator concept?. Fountains of Paradise. Exactly space elevators are a great concept but not possible with the current materials. There is another way to get you to geostat in 30min without using rocket fuel but it's pretty insane but doable. Anyone from NASA can DM me
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vapourminer
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what is this "brake pedal" you speak of?
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March 04, 2021, 04:19:15 PM Last edit: March 04, 2021, 04:31:32 PM by vapourminer |
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There is another way to get you to geostat in 30min without using rocket fuel but it's pretty insane but doable. Anyone from NASA can DM me shot outta a cannon ala Jules Vern's From the Earth to the Moon? obviously you can tell im not NASA lol
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Richy_T
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March 04, 2021, 04:25:42 PM |
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Does it mean we see it today? nope. Does it mean we see it tomorrow? nope. Does it mean if you are storing billions in gold you should shift some to BTC? maybe.
Indeed. The value of gold is largely supported by speculation and those who want a hedge. As soon as any concrete measure in the direction of asteroid mining occurred, the price would surely drop like a rock.
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hv_
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Clean Code and Scale
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March 04, 2021, 04:27:08 PM |
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Good morning Bitcoinland.
The battle for $50k continues... currently $49255USD/$62248CAD (Bitcoinaverage).
Bouncy bouncy. Coiling.
Sometimes sideways is good.
Bouncy yes. Vola down
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Wilhelm
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March 04, 2021, 04:32:05 PM |
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There is another way to get you to geostat in 30min without using rocket fuel but it's pretty insane but doable. Anyone from NASA can DM me shot outta a canon ala Jules Verns From the Earth to the Moon? obviously you can tell im not NASA lol Close but my idea is survivable by any healthy individual. It also allows you to send things up that weigh a lot
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bitcoinPsycho
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$120000 in 2024 Confirmed
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March 04, 2021, 04:34:27 PM |
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Good morning Bitcoinland.
The battle for $50k continues... currently $49255USD/$62248CAD (Bitcoinaverage).
Bouncy bouncy. Coiling.
Sometimes sideways is good.
Bouncy yes. Vola down DOWN suit's you hv_ ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FU3pTDJU.jpg&t=665&c=oDx-mI47lqqhKw)
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dieselmeister
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March 04, 2021, 04:56:21 PM |
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you can guess again ... touched 50k (50010) and we go back down again ... the third time this day! And continue until someone put so many money into, that we wet up to 52k ... (look the 4h cahrt) ... but it seems weaker ... last times(!) we went straint down under 49k (48,5k) ... now not yet...
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Richy_T
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March 04, 2021, 04:58:51 PM |
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We should obviously get back to more ethical and less energy demanding storages of wealth such as digging up thousands of tonnes of soil to get a few micrograms of gold or sending little African children into the mines to get it for us.
Nah, they want paper (well, not even that since it's all digital now) where they can create trillions at the push of a button.
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