Bitcoins/Litecoins/Virtual Currencies

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!
Arden

Arden

Blackwing Lair Raider
2,732
2,055
Fadaar said:
gonna delete my apps and rediscover i have millions in like 10 yrs

solid plan right?
Click to expand...
Delete your apps, destroy your phone, go live in a cave in the desert and contemplate life for 5 years. Then return to civilization wiser and much, much richer.
 
  • 2Like
  • 1Blown
  • 1Worf
Reactions: 3 users
Jackie Treehorn

Jackie Treehorn

<Gold Donor>
2,908
7,482
Rajaah said:
Yeah, right about now that's looking like the right call. I also sold my MANA and ADA a few weeks ago and then they went way up.

Well, I'm sticking with VET. If this causes VET to never grow again...well, I owe everyone an apology, but I'm not going to jump out of it any time soon.

Getting back in over the weekend is probably the way to go, but I got back in at .1850 today because I don't see it crashing to the degree that we predicted. Yeah, it seems like the "crash" was already pre-emptively going on before the speech. Though I did make some gains, selling at .21 a couple days ago and buying at .185. I don't think it's going to end up at .15 or anything crazy like that. Was thinking today would be the day of a large sell-off but not really.

In retrospect I'm probably buying back in too early. Good chance it'll be better to get it on the weekend. Right now it's all about getting the best deal before it rebounds. It's still following a similar price trajectory to what MANA was doing a few months ago.
Click to expand...
I’m gonna wait til tomorrow / weekend myself. We’ll see if it’s the right roll of the dice.
 
Intrinsic

Intrinsic

Person of Whiteness
<Gold Donor>
15,037
13,140
Fadaar said:
gonna delete my apps and rediscover i have millions in like 10 yrs

solid plan right?
Click to expand...

They’ll mail you a stack of
AFA895BD-42C5-4F7B-BBF3-6BAEE00486F1.jpeg
 
  • 1Worf
Reactions: 1 user
Fadaar

Fadaar

That guy
10,946
11,966
Arden said:
Delete your apps, destroy your phone, go live in a cave in the desert and contemplate life for 5 years. Then return to civilization wiser and much, much richer.
Click to expand...

sounds like a great opportunity to get frozen in stasis and come back out in 10 years the same age and a fuckton richer
 
Aaron

Aaron

Goonsquad Officer
<Bronze Donator>
8,758
20,534
Flobee said:
I don't have time to dig up sources right now but look into stranded energy and how Bitcoin can monetize it. Have a big river in Iceland that is too far away from civilization to utilize? Put in some mining rigs and a Blockstream satellite and you've effectively monetized 'unusable' energy. Own 1000 acres in the Sahara? Build a solar array with Bitcoin rigs. You've just monetized previously worthless real estate and increased human productivity by transmuting real energy into digital value.

Civilization has been built around trade routes historically. It could be built around energy sources in the future.

I'm not being condescending when I say you need to do some research. Your questions have answers if you take the time to look. You shouldn't trust me or anyone else to figure it out for you.
Click to expand...

My friend lives in Iceland. He knows these brothers who are sheep farmers somewhere down south. They generate their own electricity via a small mountain stream that runs past their farm. Just before the price of BTC jumped to around $18k they had set up an interesting rig. They bought bitcoin mining rigs and connected them around the barn, vehicle shop and sheep house. They mine BTC with free electricity while also providing heating around the buildings. I think they've made more doing this than farming sheep over the past couple of years. Wish I had a farm in the middle of nowhere in Iceland.
 
  • 2Solidarity
  • 1Like
Reactions: 2 users
Flobee

Flobee

Vyemm Raider
2,674
3,072
Khane said:
Well that's definitely a true story.
Click to expand...
I dunno about the story specifically, but I used it as an example for a reason. It's not uncommon

www.thebalance.com

Cryptocurrency & Bitcoin

Cryptocurrencies like Bitcoin and digital assets like NFTs are new ways to invest. Learn how cryptocurrencies work and what you need to invest in them.
www.thebalance.com www.thebalance.com
Although Iceland is home to some of the largest Bitcoin mining facilities in the world,
Click to expand...

www.bbc.com

Jack Dorsey and Elon Musk agree on bitcoin's green credentials

But their opinions are not shared with those more cynical about the cryptocurrency's impact.
www.bbc.com www.bbc.com
But there are some cryptocurrency miners based in countries such as Iceland and Norway, where most energy production is almost 100% renewable, via hydro-electricity and geothermal energy.
Click to expand...

www.cnet.com

Thieves steal 600 powerful bitcoin-mining computers in huge heist

In Iceland, police are hoping a power surge will lead them to the criminals' stash.
www.cnet.com www.cnet.com
Iceland, Sweden and Norway have been popular mining locations because of an abundance of geothermal, hydro and wind power.
Click to expand...
 
Last edited:
Mist

Mist

REEEEeyore
<Gold Donor>
31,206
23,407
What are people's feelings about buying Greyscale Ethereum shares through Fidelity?

Research

what does this page do?
eresearch.fidelity.com
 
You must log in or register to reply here.