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Email this7:25 pm
February 20, 2018
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Bitcoin is a scam will fall below 20k this year. Cathie Wood aka "the money tree" wears a disguise is that even her real name. It's worth zero but will settle in at around 7500-10k held up for a while by it's beliebers. Clearly regulators are trying to deflate it to limit suicides. It's going to destroy some lives that's unfortunate. Others will learn a lesson.
9:18 pm
February 27, 2018
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elon musk should not be seen, and not heard. He's a manipulator, a cheat. elon made up a fictional story about taking tesla private. Thus manipulating the share price of tesla by lying. He should be in jail.
https://www.sec.gov/news/press-release/2018-226
Elon is playing the same moronic game with the cryptocurrency market.
5:23 am
August 10, 2018
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I agree 100% that bitcoin will eventually fail and fall to zero, BUT, the wild swings in its price make for golden opportunities to profit.
6:53 am
September 11, 2013
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I agree, Bruford, I don't think anyone is buying crypto as a long term stable investment, it's about gambling and thus there are some winners.
8:18 am
February 4, 2017
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Kidd said
elon musk should not be seen, and not heard. He's a manipulator, a cheat. elon made up a fictional story about taking tesla private. Thus manipulating the share price of tesla by lying. He should be in jail.https://www.sec.gov/news/press-release/2018-226
Elon is playing the same moronic game with the cryptocurrency market.
You nailed it! I'm sick of people worshipping the idiot. He's another trump.
9:01 am
January 12, 2019
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Bill said
I agree, Bruford, I don't think anyone is buying crypto as a long term stable investment, it's about gambling and thus there are some winners.
It's called; "The Greater Fool Theory",
and it works like this ⬇
We are obliged to govern ourselves
accordingly.
- Dean
" Live Long, Healthy ... And Prosper! "
7:47 am
February 20, 2018
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What a joke bit nerds do puzzles
"The drive for power has its roots in bitcoin’s intractable mathematics: To operate securely, the cryptocurrency’s network relies on computers solving puzzles; in return the solvers get fresh bitcoin. The higher the bitcoin price, the more of these miners compete to solve the puzzles—a process that chews up electricity. The more competition, the harder the puzzles get and the more electricity is used." Wsj
7:59 am
February 4, 2017
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According to this study the banking industry and gold consume much more energy than bitcoin. Perhaps banks and gold should be banned.
https://docsend.com/view/adwmdeeyfvqwecj2
8:21 am
February 27, 2018
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BUD. It's a 1,000 times worse than you could imagine.
Do you remember the Ukrainian Chernobyl disaster? Did the workers at Chernobyl learn anything?
In an attempt to mine bitcoin, the Ukrainian workers at the nuclear facility, took their computer's firewalls down and put the computer online, with no security protection. I Kidd you not. Just to mine bitcoin.
Yes Virginia, there is a way to fix stupid. It will only hurt for a second.
9:02 am
April 14, 2021
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mmlt said
According to this study the banking industry and gold consume much more energy than bitcoin. Perhaps banks and gold should be banned.
https://docsend.com/view/adwmdeeyfvqwecj2
CityNews outlet reported that streaming services contribute 1% of all carbon dioxide emissions. Just imagine, the world could reduce its entire carbon footprint by banning these sources. Of course, it will never happen. Instead, everyone will point their fingers at the oil needed to heat their homes; no one could survive without their Spotify / Instagram / TikTok / Twitter nonsense. 🙁
9:07 am
April 2, 2018
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Interesting... But article does not say did they mine any coins or what happened with such if any was available...
9:45 am
February 20, 2018
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The joke is nerds doin puzzles for "air"
What would happen if many of the world's datacentres were knocked out would it disrupt big tech shutdown wide swaths of their networks facebook twitter for example
12:33 pm
April 6, 2013
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pooreva said
Interesting... But article does not say did they mine any coins or what happened with such if any was available...
What else would the crooked nuclear powerplant employees do with the cryptocoin mining computers beside mine coins?
I think it is obvious the employees would take the resulting coins and sell them on an exchange for money.
One should also watch for unusual increases in electricity usage if rents out a room for a fixed rate that includes utilities. The boarder may try to make money by mining cryptocoins with his/her computers!
3:38 pm
April 14, 2021
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Norman1 said
One should also watch for unusual increases in electricity usage if rents out a room for a fixed rate that includes utilities. The boarder may try to make money by mining cryptocoins with his/her computers!
Marijuana cultivation can also be energy intensive.
5:24 pm
February 20, 2018
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Savers crypto Savcoin im in for 500. No puzzles
11:05 am
February 20, 2018
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If bitcoin n other cryptos dampened speculation in other markets i might be for it but it only seems to have emboldened them
2:20 pm
February 20, 2018
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Seems fishy the legacy biz news are covering bitcoin like gold or the Dow. We know they parrot for interests includin gov. Does that mean fed reserves are sewing crypto into the financial system or bailing out the miscreants who trade it.
3:51 pm
March 17, 2018
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I agree that most crypto coins are basically only worth what the next person is willing to pay for them, no different than trading cards, antiques, stamps etc.
However most crypto stable coins are backed 1:1 with the dollar. eg. USDC, GUSD, PAX, TCAD. Some stable coins are backed algorithmically, which to me means they're not backed.
4:07 pm
April 14, 2021
Online
BitCoin is the new age alchemy. Folks have been trying to re-create/duplicate gold for centuries. BitCoin will exist until someone finds a way to corrupt/compromise the block chain and then it will evaporate instantaneously.
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