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Index » Radio Paradise/General » General Discussion » Bitcoin
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Steely_D
Angular banjoes sound good to me.
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Location: Biscayne Bay
Gender: Male


Posted: May 18, 2018 - 1:04pm

 rhahl wrote:
A fluctuating bitcoin price, along with increases in computer efficiency, has slowed the cryptocurrency’s energy footprint growth rate to “just” 20 percent per month so far in this year. If that keeps up, bitcoin would consume all the world’s electricity by January 2021.
 
If man is still alive. If woman can survive, they may find...
rhahl
If it sounds good, it is good.
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Posted: May 18, 2018 - 11:40am

"A fluctuating bitcoin price, along with increases in computer efficiency, has slowed the cryptocurrency’s energy footprint growth rate to “just” 20 percent per month so far in this year. If that keeps up, bitcoin would consume all the world’s electricity by January 2021."
 
https://www.nakedcapitalism.com/2018/05/bitcoin-energy-use-growing-much-faster-previously-thought.html

What is going to prevent this from happening, exactly?
rhahl
If it sounds good, it is good.
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Posted: May 10, 2018 - 12:04pm

 
If a da Vinci can sell for $450 million, why can't a bitcoin?



miamizsun

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Location: (3261.3 Miles SE of RP)
Gender: Male


Posted: Mar 13, 2018 - 4:09am

 Steely_D wrote:

I compared notes with a friend last night. We both bought and sold a long time ago. His brother didn't. Half a million in profit so far. Sheesh.

 
as with any investment

understand the story (business model, competition, risk, volatility, time frame, etc.) and have a strategy (entry, exit, dca, etc.)



Steely_D
Angular banjoes sound good to me.
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Location: Biscayne Bay
Gender: Male


Posted: Mar 9, 2018 - 10:57pm

 islander wrote:

One of my old sales guys was always working weird scams. One day he came up with a customer that wanted to pay in bitcoin, and went on and on about how great a deal it was, and the margin we would make on his payments, and how I would look like a fool to the board of directors if I passed on such an opportunity.  I told him we would take them, but we would use the bitcoin to pay his commisions first and then see what was left over. He declined to sign the deal.
This was far enough back that bitcoin was well under $1,000.  I tracked it for about 6 months and with the fluctuations then, we would have been about even money over 'real' dollars. Interesting, but it's a risky speculation. The block chain technology is good, but I don't think it's going to be a great place to be investing or storing money.

 
I compared notes with a friend last night. We both bought and sold a long time ago. His brother didn't. Half a million in profit so far. Sheesh.
islander
Thalassophile
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Location: Seattle
Gender: Male
Zodiac: Scorpio
Chinese Yr: Cock


Posted: Mar 8, 2018 - 10:06pm

 Steely_D wrote:

Yep. Depending on when people bought in they're either happy or not. Here's a longer term graph.

 
One of my old sales guys was always working weird scams. One day he came up with a customer that wanted to pay in bitcoin, and went on and on about how great a deal it was, and the margin we would make on his payments, and how I would look like a fool to the board of directors if I passed on such an opportunity.  I told him we would take them, but we would use the bitcoin to pay his commisions first and then see what was left over. He declined to sign the deal.
This was far enough back that bitcoin was well under $1,000.  I tracked it for about 6 months and with the fluctuations then, we would have been about even money over 'real' dollars. Interesting, but it's a risky speculation. The block chain technology is good, but I don't think it's going to be a great place to be investing or storing money.
Steely_D
Angular banjoes sound good to me.
Steely_D Avatar

Location: Biscayne Bay
Gender: Male


Posted: Mar 8, 2018 - 9:39pm

 ScottFromWyoming wrote:

Still double what it was 6 months ago, no?

 
Yep. Depending on when people bought in they're either happy or not. Here's a longer term graph.



ScottFromWyoming
I eat pints
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Location: Powell
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Zodiac: Pisces
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Posted: Mar 8, 2018 - 8:57pm

 Steely_D wrote: 
Still double what it was 6 months ago, no?
Steely_D
Angular banjoes sound good to me.
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Location: Biscayne Bay
Gender: Male


Posted: Mar 8, 2018 - 8:39pm

Rout in progress...




kurtster

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Location: drifting
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Posted: Sep 14, 2017 - 5:03pm

 Steely_D wrote:
I'm not in Bitcoin any more (bought a bit when it was about $1K but sold it when it looked so unstable) but it was recently about $4600.
Until this week - now it's $3300.
 
Now its down to 3209.  I thought about buying in 4 weeks ago for a couple hundred when it was about 3800 just to get my feet wet right after the split.  Never did.  Bunch of crap came up and it went to the back burner and I forgot about it. Now I'll have to watch how low this goes and maybe think about it again.  

I see that the day just closed at 8 pm EDT.  Hmmm.
Steely_D
Angular banjoes sound good to me.
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Location: Biscayne Bay
Gender: Male


Posted: Sep 14, 2017 - 11:36am

I'm not in Bitcoin any more (bought a bit when it was about $1K but sold it when it looked so unstable) but it was recently about $4600.
Until this week - now it's $3300.

ScottFromWyoming
I eat pints
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Location: Powell
Gender: Male
Zodiac: Pisces
Chinese Yr: Tiger


Posted: Feb 17, 2017 - 5:16am

 zorba wrote:
Will also like to support using Bitcoin, please add the option.
It's really simple, just install a wallet app and publish your bitcoin address.
Keep the great work :)
 
I saw somewhere (not sure, exactly) where BillG told how to use bitcoin:
 
 BillG wrote:

Sorry. You need to select the credit card/Stripe option, then the bitcoin tab on that window.  Could be a bit more obvious, I know.

   
zorba

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Posted: Feb 17, 2017 - 4:57am

Will also like to support using Bitcoin, please add the option.
It's really simple, just install a wallet app and publish your bitcoin address.
Keep the great work :)
BillG
Free-Range DJ
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Location: Left Coast
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Posted: Feb 18, 2016 - 9:12am

 pompomJuice wrote:
I don't see the option to support via bitcoin?

 

 
Sorry. You need to select the credit card/Stripe option, then the bitcoin tab on that window.  Could be a bit more obvious, I know.
ScottFromWyoming
I eat pints
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Location: Powell
Gender: Male
Zodiac: Pisces
Chinese Yr: Tiger


Posted: Feb 17, 2016 - 10:53am

 pompomJuice wrote:

I would be able to support via bitcoin in seconds. 

It is really easy and completely safe and hassle free.

Make it so! 

 
Not my job ;-) 
 
Just letting you know you're not alone. It comes up from time to time. 
pompomJuice

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Posted: Feb 17, 2016 - 10:51am

 ScottFromWyoming wrote:
About a year ago, BillG wrote:

You're right. We really need to get something going on bitcoin. Thanks for the reminder.

  

 
I would be able to support via bitcoin in seconds. 

It is really easy and completely safe and hassle free.

Make it so! 
ScottFromWyoming
I eat pints
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Location: Powell
Gender: Male
Zodiac: Pisces
Chinese Yr: Tiger


Posted: Feb 17, 2016 - 10:46am

About a year ago, BillG wrote:

You're right. We really need to get something going on bitcoin. Thanks for the reminder.

  
pompomJuice

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Posted: Feb 17, 2016 - 10:33am

I don't see the option to support via bitcoin?