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  1. #3301
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    So my client with the bit coin called today. He said his wife left him with 189 grand 3 yrs ago, and he was 62. He said he said fuck it, I’m screwed so he put most of it into crypto. He said he now has over a million, and he’s not selling, ever. He says Bitcoin is going to 1mm per coin.

    He told me to go buy something called Algorand.


    Sent from my iPhone using TGR Forums

  2. #3302
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    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  3. #3303
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    Closer to 100k than 0. Amazing.



    Sent from my Pixel 4 XL using Tapatalk

  4. #3304
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    Looks like the devs at Websockets have had enough of it.

    Name:  RWCpgcT.png
Views: 317
Size:  27.1 KB
    OH, MY GAWD! ―John Hillerman  Big Billie Eilish fan.
    But that's a quibble to what PG posted (at first, anyway, I haven't read his latest book) ―jono
    we are not arguing about ski boots or fashionable clothing or spageheti O's which mean nothing in the grand scheme ― XXX-er

  5. #3305
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    Quote Originally Posted by puregravity View Post
    Looks like the devs at Websockets have had enough of it.

    Name:  RWCpgcT.png
Views: 317
Size:  27.1 KB
    Wait until he finds out about how much energy internet porn watching consumes.

  6. #3306
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    Quote Originally Posted by stalefish3169 View Post
    Wait until he finds out about how much energy internet porn watching consumes.
    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.

    In “likely the deepest reorg that has ever taken place in a ‘top 100’ cryptocurrency,” the past 200 days of Verge transaction history “just vanished,” wrote Coin Metrics network data analyst Lucas Nuzzi.
    https://ca.finance.yahoo.com/news/po...231155204.html
    OH, MY GAWD! ―John Hillerman  Big Billie Eilish fan.
    But that's a quibble to what PG posted (at first, anyway, I haven't read his latest book) ―jono
    we are not arguing about ski boots or fashionable clothing or spageheti O's which mean nothing in the grand scheme ― XXX-er

  7. #3307
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    Quote Originally Posted by puregravity View Post
    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.



    https://ca.finance.yahoo.com/news/po...231155204.html
    Hey dude! We agree on something. Verge is a complete shitcoin.

    Although, it is quite ironic that you criticize a coin for getting 51% attacked, yet fail to realize that BTC's power consumption greatly reduces the chance of a 51% attack. Can't have it both ways.

  8. #3308
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    Quote Originally Posted by Cono Este View Post
    How do crypto deposits earn 8%.

    What are they doing with it?

    Thks


    Sent from my iPhone using TGR Forums
    This is worth a listen if you want to know more details. https://www.theinvestorspodcast.com/...ce-mark-yusko/

  9. #3309
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    Quote Originally Posted by stalefish3169 View Post
    Hey dude! We agree on something. Verge is a complete shitcoin.

    Although, it is quite ironic that you criticize a coin for getting 51% attacked, yet fail to realize that BTC's power consumption greatly reduces the chance of a 51% attack. Can't have it both ways.
    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 the people that need it. Primarily Bitstonkers fapping their way through crypto lulz.

    You could just use real money - but then your mom would know what you are using her credit card for!



    > Although, it is quite ironic that you criticize a coin for getting 51% attacked, yet fail to realize that BTC's power consumption greatly reduces the chance of a 51% attack. Can't have it both ways.

    In case you didn't know, Bitcoin's power consumption has no relationship to its security. It was just as secure in 2008 when there 12 old IBM Pentium PCs mining and Satoshi pre-mined 1.1 million Bitcoin on the fledgling network. Now all you got an oligarchy of mining pools and massive token concentration in a few hands.
    OH, MY GAWD! ―John Hillerman  Big Billie Eilish fan.
    But that's a quibble to what PG posted (at first, anyway, I haven't read his latest book) ―jono
    we are not arguing about ski boots or fashionable clothing or spageheti O's which mean nothing in the grand scheme ― XXX-er

  10. #3310
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    Quote Originally Posted by puregravity View Post
    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 the people that need it. Primarily Bitstonkers fapping their way through crypto lulz.

    You could just use real money - but then your mom would know what you are using her credit card for!



    > Although, it is quite ironic that you criticize a coin for getting 51% attacked, yet fail to realize that BTC's power consumption greatly reduces the chance of a 51% attack. Can't have it both ways.

    In case you didn't know, Bitcoin's power consumption has no relationship to its security. It was just as secure in 2008 when there 12 old IBM Pentium PCs mining and Satoshi pre-mined 1.1 million Bitcoin on the fledgling network. Now all you got an oligarchy of mining pools and massive token concentration in a few hands.
    Just stop dude. You're embarrassing yourself and some of us have real money on the line here. Please post some pics of your short options or STFU.

  11. #3311
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    Quote Originally Posted by stalefish3169 View Post
    Just stop dude. You're embarrassing yourself and some of us have real money on the line here. Please post some pics of your short options or STFU.
    He'll never stop. He's just a troll/critic who doesn't have the balls to step up to any plate and will always criticize the ones who do.

  12. #3312
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    Bitcoin....who's gotten into it?

    ^^ that’s the kind of attitude that’s so weird about Bitcoin. Why does he have to love it or support it?

    I readily concede that Bitcoin can make you rich. I’m not a gambler and have no interest in gambling, so I choose to sit it out. I also think that as a currency, it’s stupid; as an investment vehicle, it relies on hype and demand almost exclusively; and as a use for all the energy it requires to sustain it, it’s madness.

    By all means, get rich. The koolaid is flowing! Why does everybody else have to worship at the altar of Bitcoin too?
    focus.

  13. #3313
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    Quote Originally Posted by Mustonen View Post
    ^^ that’s the kind of attitude that’s so weird about Bitcoin. Why does he have to love it or support it?

    I readily concede that Bitcoin can make you rich. I’m not a gambler and have no interest in gambling, so I choose to sit it out. I also think that as a currency, it’s stupid; as an investment vehicle, it relies on hype and demand almost exclusively; and as a use for all the energy it requires to sustain it, it’s madness.

    By all means, get rich. The koolaid is flowing! Why does everybody else have to worship at the altar of Bitcoin too?
    If anyone who worships it it's puregravity. I could give 2 fucks if anyone buys it or not. But he is so obsessed over it's beyond logical.

  14. #3314
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    Quote Originally Posted by Mustonen View Post
    ^^ that’s the kind of attitude that’s so weird about Bitcoin. Why does he have to love it or support it?

    I readily concede that Bitcoin can make you rich. I’m not a gambler and have no interest in gambling, so I choose to sit it out. I also think that as a currency, it’s stupid; as an investment vehicle, it relies on hype and demand almost exclusively; and as a use for all the energy it requires to sustain it, it’s madness.

    By all means, get rich. The koolaid is flowing! Why does everybody else have to worship at the altar of Bitcoin too?
    It's not about liking or not liking something. The problem is that he spreads false information like it's factual and does shady shit like like deleting his own posts. The latest examples above include him saying XVG is a good crypto when it's a well-known laughing stock that should be severly avoided. He also stated that BTC's power usage isn't related to its security which is blatantly wrong. You think BlackRock and Fidelity didn't try to break BTC before they decided to invest billions?

    This forum is a great resource for Mags to help each other. It's no secret that crypto is risky as hell, so helping others minimize risks and increase chances of gains is important and can potentially lead to life changing money.

    PG acts like he is doing some great service, but he's an ill-intentioned troll. Nobody is forced to visit this thread or buy crypto. But PG is the equivalent of me going into the Padded Room Special NSFW thread and telling everyone over and over again that big tits are going to give them concussions.

    Sent from my Pixel 4 XL using Tapatalk

  15. #3315
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    Quote Originally Posted by stalefish3169 View Post
    This Bitcoin fomo is fun but I think this 1/2ing is gonna be a sell the news event. Then I believe BTC will creep up again while nobody is paying attention and will rocket to new ATH in 2021.

    Sent from my Pixel 4 XL using Tapatalk
    Quote Originally Posted by stalefish3169 View Post
    Better get on the rocket while it's still on the pad. Once we break 20k, we're gonna go to 50k fast.

    https://twitter.com/tylerwinklevoss/...577524224?s=19

    Sent from my Pixel 4 XL using Tapatalk
    Just putting this here so people can decide whether or not to listen to PG, who has continually stated that BTC is going to zero, or perhaps be open to other opinions.

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  16. #3316
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    ^I know Cramer, he lives nearby. Perhaps I can get you both on CNBC for the next leg up? They love he said she said stuff.
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  17. #3317
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    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? don't know.)!

    He also thinks that crypto promo videos and #influencers are presented as obvious scammers, because it eliminates the types of people that might cash out when they detect massive FOMO and shilling, as helps identify those that are the most gullible targets for the really high flying shitcoins.

    His thesis is that it's in the scammers' best interest to minimize the number of false positives who require invites to meetups and take up space in Zoom and Telegram groups.

    If you don't buy the hype, that's fine. They don't want someone from whom there's virtually no chance of getting a HODLER with little-to-know finance skills. They want people who, faced with a ridiculous video from some guy that has convictions or has run afould of the SEC/courts, still won't recognize the scheme.

    People that say "Get rich quick, Ya right, LOL!" or "Isn't that a Ponzi?" are not the target market. They look for people that lean in and say "The future of money! And I can get in now while it is early!!"

    He simply tells folks that shill him crypto and/or DeFi shitschemes to fuck off.

    I prefer a softer approach.
    OH, MY GAWD! ―John Hillerman  Big Billie Eilish fan.
    But that's a quibble to what PG posted (at first, anyway, I haven't read his latest book) ―jono
    we are not arguing about ski boots or fashionable clothing or spageheti O's which mean nothing in the grand scheme ― XXX-er

  18. #3318
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    Quote Originally Posted by Timberridge View Post
    ^I know Cramer, he lives nearby. Perhaps I can get you both on CNBC for the next leg up? They love he said she said stuff.
    I think they already had PG on.

    https://www.youtube.com/watch?v=1IH9BHV6ywM

  19. #3319
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    Quote Originally Posted by stalefish3169 View Post
    Teslas run off the same thing as Bitcoin mining. Electricity. Electrical transmission is a big challenge. Yet BTC can be mined anywhere electricity is produced. This is important to consider. There are many areas in the world where there is abundant access to clean energy, but a lack of population. China is a primary example of this as they overbuilt their dam system and produce way more juice than they can use. This is why a lot of BTC mining happens in China. As price continues to rise over the long-term, new innovation will lead to more efficient and greener mining. Lots of companies are working furiously in North America to join in. There are even companies that specialize in methane capture for mining BTC, which last I heard, is pretty bad for the climate. https://news.bitcoin.com/bitcoin-hel...bon-footprint/

    Sent from my Pixel 4 XL using Tapatalk
    What the fuck? Have you heard about the air and water pollution issues in China? You seem to be saying that there's no downside to all of those coal burning plants making their electricity. And the dams? Do you know how many millions have been displaced as those dams were built, and how entire ecosystems have been disrupted by them? C'mon.

    Look at this Texas thing. We can't even provide day to day service to millions after a fairly common weather event (and you know most grid managers bite their nails in during annual heat waves), but even GM thinks we can all roll in non fossil fuel cars and trucks by 2035. Really? Yet, Tesla and Bitcoin keep on blowing up. Insane

  20. #3320
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    Hell. Fatnslow can't even get an electrician to come over and remove a live wire so his tenants can get out of their apartment.
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  21. #3321
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    Quote Originally Posted by Benny Profane View Post
    <snip>
    Look at this Texas thing. We can't even provide day to day service to millions after a fairly common weather event
    Texas pretty much made their own bed on this one...

    I'm curious if their populace will *INSIST* on them joining the national grids after this horseshit.

  22. #3322
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    The rest of the nation isn't a whole lot better. Super heat waves in the northeast can result in brownouts and rolling blackouts, and rare major blackout events.

  23. #3323
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    Quote Originally Posted by Benny Profane View Post
    The rest of the nation isn't a whole lot better. Super heat waves in the northeast can result in brownouts and rolling blackouts, and rare major blackout events.
    Yeah - but those aren't generally due to willful negligence.

  24. #3324
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    Quote Originally Posted by Benny Profane View Post
    What the fuck? Have you heard about the air and water pollution issues in China? You seem to be saying that there's no downside to all of those coal burning plants making their electricity. And the dams? Do you know how many millions have been displaced as those dams were built, and how entire ecosystems have been disrupted by them? C'mon.

    Look at this Texas thing. We can't even provide day to day service to millions after a fairly common weather event (and you know most grid managers bite their nails in during annual heat waves), but even GM thinks we can all roll in non fossil fuel cars and trucks by 2035. Really? Yet, Tesla and Bitcoin keep on blowing up. Insane
    I'm not saying that there are no downsides to BTC. I'm saying that the positives make it all worthwhile. I specifically stated "abundant access to clean energy" in the post you quoted. The profit motive for BTC mining with clean energy will lead to advancements in green energy production. The reason why people have continued to use fossil fuels over and over is because they can make A LOT of money. If the same people realize that they can get greater returns with clean energy, that's where the CapEx will go. Mr. Musk is in a pretty good position to drive innovation that direction. You're calling the baseball game over in the bottom of the first inning, man.

  25. #3325
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    Holy shit.

    Are you on drugs?

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