BTC isn't a store of value.
Something that goes up to $20,000 one year and down to $3,800 one year later (BTC 2017-2018) can't possibly be a store of value.
A store of value can have some...

I don't get why crypto bros have such a fetish for the gold comparison.
Sure, Gold has been held as a store of value. That's doesn't say much though.

Gains in each from 1964 - 2020
S&P500:____...

Is Bitcoin OK with the same people that take issue with E-Bikes?

Date ______ Price ___ Hashrate
2021-02-11 _ $36.93K _ 153.00 TH/s
2018-01-18 __ $6.51K __ 15.38 TH/s
2016-09-07 _ $0.583K __...

Wow. That looks amazing.

Just put it in an S&P500 fund, right?
Gains in each from 1964 - 2020
S&P500:____ 23,454%
Berkshire:_ 2,810,526%

That was almost a year ago. Dude with more than 50,000 ETH makes a typo?

Big news today is that @Bitfinexed has made his Twitter feed public again.

There's no shame in cashing out early. Suppose he bought at $1 and sold at $30. Or maybe he bought at $20 and sold at $30. Or suppose he bought at $29.50 and sold at $30.

In the last scenario, he...

https://dailyhive.com/vancouver/chelsea-handler-topless-skiing-whistler

I would have thought that with the intelligentsia here, we'd have seen some advance photos and a few closeups without having...

^^ got my vote. Save me a slice!

CBC Radio - Ideas program.
"Mark Carney says post-pandemic 'bump' not enough for smooth recovery"

Listened to part I and II last night. Very very interesting. Highly recommend for anyone that...

Deltec bank hacked. Emails, customer lists, account balances, personal ID, visas etc.
https://twitter.com/Tr0llyTr0llFace/status/1364832405501210624

Popcorn machine goes brrrrrrr.
Who knows what...

https://stripe.com/blog/ending-bitcoin-support

Stripe made a public statement along those lines in 2018.

You know what people in denial do? They double down on the fantasy.

Random Thoughts on Mining

Is Bitcoin mining like mining gold? Are they 'found'? Is someone discovering Bitcoins hidden in some complicated math or deep crypto treasure chest?

"New bitcoins are...

Leave it to Canadians to produce solid journalism.

First Bitcoin ETF will combine simplicity of cryptocurrency with integrity of investment stocks

It is. Were at the 'make fun of Stalefish for thinking that hashrate means security' phase.

Friend of mine argues that Bitcoin is a scam and its obviousness is its chief selling point. Furthermore, that DeFi deposit/lockup interest is basically a variation on advance-fee fraud(true or not?...

> You obviously don’t ski in the backcountry...

I don't backcountry ski right now. I have. I did and this last year I sold all my BC boots and skis. I still have my beacon, ice axe, crampons and...

If the state is supposed to rescue people free of charge, as is in BC, then the state should do all it can to minimize those expenses. Then there are the users, many are tourists and won't have the...

No, Verge is not a shitcoin. With Verge someone can actually buy something of value and use it - porn.

With Bitcoin, the 4 to 5 transactions per second max capability would mean no porn for 95% of...

Wait until he finds out his Pornhub account is 200 days late on subscription payments because their Blockchain token suffered a huge 51% attack. Pffft. LOL.


...

Looks like the devs at Websockets have had enough of it.

363372

Ha ha ha. I suppose you are one of the big kids, right? Not sure what you are seeing but it seems to me the girls are in this one here.




Thankfully yes. If it was me, I would have said...

Experienced local snowboarder killed in Brandywine Bowl

Another tragic blow occurred less than a day later, when first responders received a call about a snowboarder missing after an avalanche in...

I don't see why Honda wouldn't be a good long term hold. Convince me otherwise.

Name is out and his Instagram looks dope. Very much too bad there :(
I hope that's the last of the bad news.
Conditions are primo for on-piste right now!

Take your Blockchain stock chatter there too. RIOT. MSTR - that's just lipstick on that same pig.
In fact, you guys throwing your trades every few hours, why not start your own thread?

What do you propose that the fed should do other than print money in these circumstances? Two scenarios, usual fiscal stimulus and COVID-19 type situations. What do you propose in either of those...

If they had foresight and knew what we all knew, they would all own a 3,500 watt ASIC Bitcoin miner (or racks of Shitcoin miners) and be running them 24/7 to generate income and heat their homes.
...

This discussion is happening online Facebook and at Avalanche.ca right now. Because Moderate is when most accidents happen.

Perhaps avalanches are *unlikely* when Moderate (as per the official...

Shit. Again :(

Bitcoin does 4 to 5 transactions per second with their blockchain. Others prefer an abacus. Yes, an abacus.

Visa (just Visa) can do 50,000+ transactions per second with their abacus.
Tencent...

Noooo. Man. So sorry to hear this news.

I think you will have the most fun with Ethereum. However, don't just waste your real $$$ on that. They have a test net where you can play with play-tokens and make S.M.A.R.T* contracts. You don't...

In a purely competitive market, an agile elastic managed currency will always out-do a fixed supply unmanaged currency.
That is why Bitcoiners want your fiat.
Their needs are finite. They want to...

"Skier 2 began her descent. She had skied about 300 vertical feet down to a narrow opening through a cliff band when she triggered a large avalanche that broke above her. She tried to escape to the...

> Yeah. Yeah I would.
Figured as much.


> Also how can it it be a ponzi scheme if it's decentralized?
Google it.

> At least I'm recouping my losses by shilling crypto on a ski forum. You're...

You are welcome.

>> Anyways, who can argue with the Gemini twins. They look the closest to the Bogdanoffs so they must have secret connections and a direct line for CRAB-17 STAGE II.

I can't...

So you would rather people use local renewable energy to power disposable Bitcoin mining machines (very short lifespan) and support a decentralized ponzi system that runs 4 to 5 transactions per...

I get the impression that Gemini is probably the most reliable and trouble free way to get fiat into the system. Gemini doesn't expose themselves to Tether and they are in NY with somewhat stricter...

LOL. Yes it is going to zero!
Oh, wait ... never mind!

362332

David Gerard has written some great little books. Top 100 in the Kindle store actually.
His "Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts" is actually more of a...

people don't appreciate how much of a slog waiting is. Always leave a good tip. It is always appreciated.

I don't carry cash. If you want a tip, you have to accept my shittoken.
If they want Bitcoin I'll pay them 5% extra too - but only if they allow me to deduct all transaction costs.
Not my fault if...

Probably!

362139

Musk keeps hearing his father's voice. As kids they sang Iron Maiden songs together.

Fly on your way, like an eagle
Fly as high as the sun
On your way, like an eagle
Fly and touch the sun.
...

The government would do well to entertain the speculators.

The fact that people might speculate on Bitcoin only increases the need for fiat, allowing the government to become even more powerful.
...

Quantum won't change the power requirements either. The hashrate goes up as the price goes up because the economics of them are entwinned. Hashrate goes up because people keep adding miners to make...

>Do I keep earning interest, or only on the uninvested cash?
Sort of. They are actually called DPKs (Dunning Kruger Points).

> Would you really recommend purchasing something at its record high?...

"Throughout the man's infection, Li and his colleagues ran an illuminating experiment. Every few weeks, the team extracted coronavirus from the man's body and sequenced the virus's genome.

Li...