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  #2841  
Old 20-09-2021, 10:10 PM
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Originally Posted by Neil 154 View Post
Ever stopped to think why the BBC never had a good word to say about Bitcoin?
Is because they're the mouth piece for the man or because they're correct about the environmental impact of it and you don't want to admit it?
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  #2842  
Old 20-09-2021, 10:13 PM
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(Also they are just reporting the research published elsewhere, similar reporting is available in other news sites too)
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  #2843  
Old 20-09-2021, 10:16 PM
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Is because they're the mouth piece for the man or because they're correct about the environmental impact of it and you don't want to admit it?
A mouth piece for Oxbridge you mean?!
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  #2844  
Old 21-09-2021, 06:21 AM
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Originally Posted by Stinger1 View Post
Haven't checked in to this thread for a while, could you tell the reason for such confidence?
Everytime I consider Cryptocurrency, I read his posts and he makes me think nope. Total looney.
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  #2845  
Old 21-09-2021, 05:34 PM
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Quote:
Originally Posted by Neil 154 View Post
Ever stopped to think why the BBC never had a good word to say about Bitcoin?
Massive Ponzi scheme and some guys are trying to corner the market?
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  #2846  
Old 21-09-2021, 07:48 PM
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Quote:
Originally Posted by Reps AJ View Post
Is because they're the mouth piece for the man or because they're correct about the environmental impact of it and you don't want to admit it?
We never see articles about how much waste Visa, MasterCard and other financial institutions create to keep their networks going. Think about the pollution from commuters, air travel etc too. It’s not quantifiable because they are closed institutions.
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  #2847  
Old 21-09-2021, 09:08 PM
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Quote:
Originally Posted by dave_who_ru View Post
Massive Ponzi scheme and some guys are trying to corner the market?
The usual definition of a ponzi scheme is there's someone at the top, pulling the strings. Bitcoin in contrast hand is decentralised and completely transparent. No one controls bitcoin.
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  #2848  
Old 21-09-2021, 09:29 PM
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Quote:
Originally Posted by Neil 154 View Post
The usual definition of a ponzi scheme is there's someone at the top, pulling the strings. Bitcoin in contrast hand is decentralised and completely transparent. No one controls bitcoin.
So that is how Musk was able to collapse the price with just a single tweet. Although he had previously driven up the price.

I wonder when he sold?

Bitcoin strings are pulled by a few millionaires/billionaires, sure try and ride the wave and make some money but don't fool yourself into thinking Bitcoin is a legitimate currency or more than just an investment scheme similar to other FX traders, albeit with greater risk/reward.
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  #2849  
Old 21-09-2021, 09:42 PM
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Quote:
Originally Posted by LDNEAGLE View Post
So that is how Musk was able to collapse the price with just a single tweet. Although he had previously driven up the price.

I wonder when he sold?

Bitcoin strings are pulled by a few millionaires/billionaires, sure try and ride the wave and make some money but don't fool yourself into thinking Bitcoin is a legitimate currency or more than just an investment scheme similar to other FX traders, albeit with greater risk/reward.
It’s compelling from a technology perspective though even if it is old and craggy at this point. Just having a fixed supply makes it interesting with inflation clearly in our future
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  #2850  
Old 21-09-2021, 09:43 PM
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Quote:
Originally Posted by LDNEAGLE View Post
So that is how Musk was able to collapse the price with just a single tweet. Although he had previously driven up the price.

I wonder when he sold?

Bitcoin strings are pulled by a few millionaires/billionaires, sure try and ride the wave and make some money but don't fool yourself into thinking Bitcoin is a legitimate currency or more than just an investment scheme similar to other FX traders, albeit with greater risk/reward.
Elon Musk does not run Bitcoin. He's is a follower of Bitcoin. (he has a lot of Twitter followers, that's all. ) the 'collapse' was just a dip and buying opportunity that I took advantage of.
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  #2851  
Old 22-09-2021, 10:01 AM
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It's a pump and dump Neil and you know it. That's exactly what you are doing. And when the price has dropped it just means a ton of folk have sold up and more has been 'mined'. When you win someone loses, there's no morality to any of it, there's absolutely nothing behind it other than GPU's burning leccy.

Environmentally, you make a reasonable comparison however it doesn't get away from FACTS that

1. Crypto has driven up the prices of GPUs
2. GPUs are killed and binned off, despite being pretty modern, because they no longer crunch enough hashes for the miners
3. The leccy burns fossil fuels.

The day it's all solar powered then fine, but it's not.

I just had to pay out £600 for a 3060Ti and it's not even a top card, my mate bought a 3080Ti for £1500!! And that is fixed with a LHR to keep the miners from buying all the stock and leave some for the rest of us. Bastards like you are making my gaming expensive, you need to send me a £300 rebate.
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  #2852  
Old 22-09-2021, 10:18 AM
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Whats an LHR Spindle?
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  #2853  
Old 22-09-2021, 12:33 PM
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Lite Hash Rate. I don't know the technicals but it limits the amount of hashes a GPU can crunch whilst mining, so this will be embedded hardcode on the chipset itself I imagine. This is Nvidia basically saying "Reserved for gamers".

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Last edited by Spindle; 22-09-2021 at 12:35 PM.
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  #2854  
Old 22-09-2021, 12:37 PM
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Annoyingly I read that link now and it seems the bastards have jailbroken LHR already. Scum.
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  #2855  
Old 22-09-2021, 12:45 PM
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Quote:
Originally Posted by Neil 154 View Post
Elon Musk does not run Bitcoin. He's is a follower of Bitcoin. (he has a lot of Twitter followers, that's all. ) the 'collapse' was just a dip and buying opportunity that I took advantage of.
You are really trying too hard. You are unlikely to influence people here and if you did it would likely be to put people off. Take these sorts of posts back to reddit where people want to be convinced.

Its like watching chemical Ali claim they have defeated the Americans while American tanks roll by in the background
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  #2856  
Old 24-09-2021, 09:45 AM
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From yesterday Bitcoin is integrated into Twitter. You can sent Bitcoin tips to Twitter profiles. To view the link you have to Register or Login
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  #2857  
Old 24-09-2021, 10:48 AM
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I imagine that Jack Dorsey has a few coins himself and is delighted with the pump. Odd for an environmentalist, in total denial.

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  #2858  
Old 24-09-2021, 11:51 AM
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Another dip upcoming for you to buy Neil:

*PBOC SAYS ALL CRYPTO-RELATED TRANSACTIONS ARE ILLEGAL

*CHINA MINISTRIES VOW TO CRACK DOWN ON CRYPTO MINING
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  #2859  
Old 24-09-2021, 12:07 PM
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That’s good news for the rest of the world surely?
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  #2860  
Old 24-09-2021, 12:13 PM
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Quote:
Originally Posted by Stinger1 View Post
Another dip upcoming for you to buy Neil:

*PBOC SAYS ALL CRYPTO-RELATED TRANSACTIONS ARE ILLEGAL

*CHINA MINISTRIES VOW TO CRACK DOWN ON CRYPTO MINING
china has banned crypto so many times i think they might be buying the dips
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