ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2023, 07:01:15 AM |
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  ExplanationChartbuddy thanks talkimg.com |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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ChartBuddy
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October 14, 2023, 08:01:16 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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DirtyKeyboard
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Activity: 252
Merit: 459
Fly free sweet Mango.
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October 14, 2023, 08:25:22 AM
Last edit: October 14, 2023, 09:49:53 AM by DirtyKeyboard |
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It looks like money is smart. Or is smart money? I keep losing some of my smarts. I do have a bitcoin, which is clearly not enough based on previous posts. I traded the 1 bitcoin I ever mined for a $20 Amazon gift card. It was mined with an amd 5850. I remember getting the notification that the local post office had received the 5850 from newegg, but it wasn't out for delivery til the next day. I called and asked if I could swing by and pick it up, they said sure; so I headed out. Walking back from your house, walking on the moon. Those were the days. Back when pool hopping was a thing, and everyone was figuring out PPLNS and so many acronyms flying around. After 5 red candles we finally have a green candle
I believe that from this day we may find Bitcoin once again at 28k level. It's already 1.21% up in a day.
I believe that the last little mini pump to 28k was that BlockFi recently had their settlement plan approved, and they had a goal of giving back as much as possible with in kind currency. Since they liquidated their holdings into USD months ago, they now had to rebuy, in order to repay (is that even the right word?) their dumb dumb partners in like kind currency. This was to minimize tax implications to the whole shitshow. Don't ask how I know this, just keep stacking. I did a 2x WCA this month thanks to JuanJayGee's crazy advice to do a 20x. I smoke too much for that.  But I still haven't changed my Trezor PIN. If I'm committed to changing the PIN on my model one to 50 digits, do I also have move the coins to a new seed, generated from the beginning using the new 50 digit PIN? Or can I just change the PIN? :edited to clarify I only ever mined around 1 btc and that the post office held the video card not the amazon card: |
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Experts Writer
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October 14, 2023, 08:32:44 AM |
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It feels like we’re entering the time of year when we typically see a Bitcoin rally as we head into the holiday season. I have no reason to expect that this will happen this year one way or the other, but with the halving right around the corner and a big 2025 being expected by everyone, I wouldn’t want to be sitting on the sidelines.
I am for the period before 2025, which will yield. 2024 |
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bitnote
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October 14, 2023, 08:35:00 AM |
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this time will be different?
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ChartBuddy
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October 14, 2023, 09:01:19 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
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October 14, 2023, 10:04:50 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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WatChe
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October 14, 2023, 10:15:45 AM |
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If you read the link then it states that till 2021 China has 75% of global capacity of Bitcoin mining. But crackdown by the Chinese government in 2012 forced miners to move to neighboring Kazakhstan where electricity is cheap and regulations are flexible while rest moved to USA. Thats why Kazakhstan is now at 3rd. |
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ChartBuddy
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October 14, 2023, 11:03:24 AM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
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October 14, 2023, 12:03:26 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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bitcoinPsycho
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$120000 in 2024 Confirmed
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October 14, 2023, 12:20:50 PM Merited by vapourminer (1) |
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this time will be different?
I certainly hope not |
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Hamza2424
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#SWGT CERTIK Audited
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October 14, 2023, 12:45:13 PM |
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Just approve them already, Gensler.
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ChartBuddy
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October 14, 2023, 01:04:50 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2023, 02:03:24 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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vapourminer
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what is this "brake pedal" you speak of?
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October 14, 2023, 02:44:12 PM |
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phils around here somewhere...
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ChartBuddy
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October 14, 2023, 03:03:27 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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sirazimuth
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born once atheist
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October 14, 2023, 03:22:24 PM Merited by JayJuanGee (1) |
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phils around here somewhere...
He's busy adjusting the miners up to setting eleven. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2023, 04:01:17 PM |
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 ExplanationChartbuddy thanks talkimg.com |
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danadc
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October 14, 2023, 04:25:50 PM Merited by JayJuanGee (1) |
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I think this is very good, I like this type of news:   "We're changing our economic [base] for technological companies, high tech, artificial intelligence, and Bitcoin of course," said the Madeiran president. "Everything that is connected with Bitcoin is welcome in Madeira." Source: https://bitcoinmagazine.com/business/madeiran-president-announces-launch-of-bitcoin-business-hub-to-foster-innovationAs long as people who have a lot of influence on others are good for adoption, anything that helps the price of bitcoin rise is fine for me and if there are people who don't know about bitcoin, it's time to do it. |
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