IT BEGINS !!

Discussion in 'Digital Currencies' started by SilverSale, Dec 22, 2019.

  1. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,676
    Likes Received:
    2,836
    Trophy Points:
    113
    Location:
    Melbourne
    Gold and silver are still shiny in the dark. What happens to Bitcoin when the lights are out?
     
  2. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    10,860
    Likes Received:
    2,875
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    like the EMP dark out
     
  3. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    Use a torch.
     
  4. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    I tell you what, next time I get a power outage I'll plug the kettle into some gold and see if I can get it to boil some water.
     
    Silver260 and 66rounds like this.
  5. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    1,591
    Likes Received:
    1,197
    Trophy Points:
    113
    Location:
    Melbourne
    I like the bitcoin = internet 2.0 comparison. But I also like that I can surf the web at minimal cost without owning a piece of it...
     
  6. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,676
    Likes Received:
    2,836
    Trophy Points:
    113
    Location:
    Melbourne
    Won't work, but I'm sure you can exchange it for a hot meal instead ;)
     
    Nocky and mmm....shiney! like this.
  7. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    As long as they don't need power to heat it then I guess you're right.

    I'd probably just use cash anyway. :D
     
    66rounds likes this.
  8. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    10,860
    Likes Received:
    2,875
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    China BITCOIN EMPIRE threatens climate targets?

    China’s VAST crypto-mining operations are endangering Beijing’s efforts to go carbon-neutral by 2060.

    As things stand, China:

    - Powers 80% of global blockchain operations
    - Will produce over 130 MILLION tons of carbon emissions by 2024 - equivalent to total output of Italy or Saudi Arabia
    - Uses coal to power 40% of its Bitcoin mines

    Will cheaper clean-energy prices be enough to make China green? Or will Greta just have to buy into crypto???

    t.me/rtintl
     
  9. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    248
    Likes Received:
    234
    Trophy Points:
    43
    "While the exact reason for the sudden crash is unknown, the market mood may have soured due to rumors that the U.S. Treasury is planning to charge several financial institutions for money laundering using cryptocurrencies. CoinDesk has been unable to independently verify any pending government action."
    • Speculation on what is causing the sudden crash this Sunday the 18th of April, after the Doge rocket ran out of fuel.
    Source: https://www.coindesk.com/bitcoin-price-falls-8k-to-3-week-low-altcoins-crash

    Edit. I think this is the spark which sets off the recent crash. Whales probably using the bad news to shake out those leveraged too highly.
     
    Last edited: Apr 18, 2021
  10. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,676
    Likes Received:
    2,836
    Trophy Points:
    113
    Location:
    Melbourne
    More retail lambs to the slaughter. Let me bring out my tiny violin.
     
    Silver260 likes this.
  11. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    It crashed? LMAO.

    41D93C4D-91E0-4C6E-9EE1-C5EDF804C8A6.jpeg
     
    Silver260 and Ivykoin like this.
  12. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    If you’d held crypto you could’ve used it as collateral and bought yourself a full sized one.
     
    66rounds likes this.
  13. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    248
    Likes Received:
    234
    Trophy Points:
    43
    Definition of Crash from Investopia (definitely not gold standard)

    "A crash is a sudden and significant decline in the value of a market."

    No definition of significant

    What other word would you use to describe perhaps.

    "Today's Downward blip"

    "correction"

    From Coinmarket cap "The global crypto market cap is $2.05T, a 9.63% decrease over the last day"
     
    66rounds likes this.
  14. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    Just your typical garden variety crypto volatility.
     
    Silver260 likes this.
  15. ParanoidAndroid

    ParanoidAndroid Well-Known Member

    Joined:
    Dec 2, 2015
    Messages:
    955
    Likes Received:
    550
    Trophy Points:
    93
    Location:
    S.E.Q
    Good time to buy.
     
  16. Millennial Engineer

    Millennial Engineer Active Member

    Joined:
    Apr 19, 2020
    Messages:
    248
    Likes Received:
    234
    Trophy Points:
    43
    yeah Agree.

    Actually "flash crash" was the Lingo i was trying to think about before.
     
  17. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,817
    Likes Received:
    1,477
    Trophy Points:
    113
    Location:
    Northern NSW
    Exactly what I was cautious of..... Gubmint regulation to take back control.....
     
    66rounds and crewy like this.
  18. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    21,734
    Likes Received:
    4,504
    Trophy Points:
    113
    Location:
    昆士蘭
    @wrcmad, I wouldn’t worry about it, just your run of the mill FUD.
     
    Last edited: Apr 18, 2021
  19. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,780
    Likes Received:
    2,061
    Trophy Points:
    113
    Get onto DASH before it moons.

    [​IMG]
     
    adze67 likes this.
  20. Oddjob

    Oddjob Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2018
    Messages:
    4,287
    Likes Received:
    5,550
    Trophy Points:
    113
    Location:
    Oz

Share This Page