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Buying Crypo
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2022-06-16 at 3:10 PM UTC
Originally posted by the man who put it in my hood that has nothing to do with the bitcoin network at all which is entirely self regulating in it's code
https://www.cnbc.com/2021/07/03/bitcoin-mining-difficulty-drops-after-hashrate-collapse-in-china-.html
a person who lives in rwanda who relied on 6 gallons of diesel @ 10 dollars per gallon to churn out a bitcoin doesnt equal a fat fucking geek who lives in france who paid french fries to churn out a bitcoin with electrics from a nuclear reactor. -
2022-06-16 at 4:09 PM UTCas long as someone with good cheap electricity access is mining blocks on the bitcoin network the current hash rate will continue to increase at an exponential rate. If every first world country lost electricity access and ONLY africans with gas gennys were mining BTC the hash rate would sharply decline similar to the China ban,
The block rewards would go up to the point where you could be getting multiple BTC/day which even at $1 is pretty decent money for running a generator in some back woods african village. It sounds just like the days when BTC was worth nothing and people did it as a hobby or bought a pizza with 100 BTC
and as long as someone keeps mining the network just grows regardless of any outside factor, price or energy. It's simply a code doing what it was designed to do.
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2022-06-16 at 4:13 PM UTC
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2022-06-16 at 4:34 PM UTCthats gonna be you when some african has 10000 BTC and it goes to $100 and he only paid several thousand in gasoline to mine it
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2022-06-16 at 4:55 PM UTCJust killed a bitcoin miner. Pretty nasty little beast. Evades all anti-virus, polymorphic, runs in protected memory, self-checking routines, fake self destruct and replication delay tactics, completely FUD, call home, the works. It was fun, until I finally stabbed it in the throat.
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2022-06-17 at 10:28 AM UTCThe following users say it would be alright if the author of this post didn't die in a fire!
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2022-06-17 at 10:30 AM UTCwait? Ontario teacher? Oh no no no LOL
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2022-06-17 at 8:54 PM UTC
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2022-06-17 at 9:32 PM UTC
Originally posted by vindicktive vinny you think its the teachers that run their own pension fund.
They do. The more I dig into all of this the more questions I start asking.
And when questions start getting asked you start looking for answers. Answers are ugly. Reality is always so much more horrible than what we can imagine.The following users say it would be alright if the author of this post didn't die in a fire! -
2022-06-18 at 9:06 AM UTClets check the charts this morning shall we
see ya tomorrow!
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2022-06-18 at 2:19 PM UTCI'm a buyer at $50
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2022-06-18 at 2:21 PM UTCWe might all be able to afford a whole bitcoin soon.
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2022-06-18 at 2:28 PM UTCI remember when you could get them for 9 cents.
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2022-06-18 at 4:24 PM UTC
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2022-06-18 at 4:54 PM UTC
Even Celsius aren't accepting Celsius coin any more -
2022-06-18 at 4:58 PM UTCThey only accept farenheit nowThe following users say it would be alright if the author of this post didn't die in a fire!
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2022-06-18 at 8:55 PM UTC
Bitcoin to $800. -
2022-06-18 at 9:28 PM UTC
For those who don't know, Michael Saylor is CEO of a software company called Microstrategy ($MSTR) that borrowed heavily to buy bitcoin, using the bitcoin itself as collateral. The banks that lent the money are currently in the process of margin calling Microstrategy, asking it to post more collateral against the loans.
https://news.bitcoin.com/microstrategy-debunks-margin-call-rumor-bitcoin-liquidation-unnecessary-even-if-btc-falls-below-3562/
"Debunks" margin call rumor, by going into how they are currently getting margin called. "Debunked" must be the fakest word in the English language. -
2022-06-19 at 10:58 AM UTCLooks like some coins are up in the last 24 hours. Bitcoin bulls are doing amazing things!
The following users say it would be alright if the author of this post didn't die in a fire! -
2022-06-19 at 11:20 AM UTCLAST CHANCE TO BUY LINK BEFORE IT MOONS
