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PostPosted: Wed May 12, 2021 4:21 pm 
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That said, I'm fully prepared to watch that money evaporate. But, it's been fun.

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PostPosted: Wed May 12, 2021 6:24 pm 
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I just saw the Musk tweet that Tesla is no longer accepting Bitcoin to buy Tesla "on account of bitcoin's over reliance on fossil fuels".

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Anyways, that seems to explain the additional sell off.

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PostPosted: Wed May 12, 2021 6:28 pm 
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Someone needs to dig a hole in a desert for Musk.

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PostPosted: Wed May 12, 2021 6:32 pm 
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Nas wrote:
Someone needs to dig a hole in a desert for Musk.


Not before I unload these Tesla shares plz.

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PostPosted: Wed May 12, 2021 8:07 pm 
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SpiralStairs wrote:
I just saw the Musk tweet that Tesla is no longer accepting Bitcoin to buy Tesla "on account of bitcoin's over reliance on fossil fuels".


Anyways, that seems to explain the additional sell off.


it correlates with the news that the democrats are going to tax capital gains to hell. but it also is what he says... theres a lot of bad press lately about e-coins polluting the earth. i dont buy it as the reason though, because his viewpoint should be "tesla's technology will eliminate e-coins reliance on fossil fuels"

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PostPosted: Wed May 12, 2021 8:09 pm 
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People are just now realizing that bitcoin mining takes a lot of power? Lol.

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PostPosted: Wed May 12, 2021 8:11 pm 
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denisdman wrote:
People are just now realizing that bitcoin mining takes a lot of power? Lol.


yes, but the narrative is it's increasing Co2 emissions. the same people that are saying we need to generate electricity cleanly, also say we need to eliminate things that use electricity. dumbass tards. the message should be 'this is WHY we need green energy'.

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PostPosted: Wed May 12, 2021 8:14 pm 
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Thanks, Elon. Just rebought ETH at 3600.

Already back at 4000.

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PostPosted: Wed May 12, 2021 8:16 pm 
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denisdman wrote:
People are just now realizing that bitcoin mining takes a lot of power? Lol.

I thought the bulk of Bitcoin mining was powered by geothermal in Iceland, which is fairly clean.

It seems an oversimplification to assume power usage = anti-green, à la people buying electric cars without understanding how their battery charge is generated.

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PostPosted: Wed May 12, 2021 8:18 pm 
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This Ends in Antioch wrote:
denisdman wrote:
People are just now realizing that bitcoin mining takes a lot of power? Lol.

I thought the bulk of Bitcoin mining was powered by geothermal in Iceland, which is fairly clean.

It seems an oversimplification to assume power usage = anti-green, à la people buying electric cars without understanding how their battery charge is generated.


And it is being blamed for their glaciers melting.

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PostPosted: Wed May 12, 2021 8:20 pm 
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eth is a good long term hold. moreso than bitcoin i believe. bitcoin will never be anything but a savings account for people. eth is the gateway to a new internet... it's essentially the way the internet was originally intended, if they knew how much bandwidth and speed we would have by now. back in the 90s or early 2000s this decentralized algorithm model wouldnt be feasible... that's why these coins are taking off and theyre not going away (they said the internet would never be anything more than a couple clicky links and whatever back in the early 90s).

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PostPosted: Wed May 12, 2021 8:22 pm 
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This Ends in Antioch wrote:
denisdman wrote:
People are just now realizing that bitcoin mining takes a lot of power? Lol.

I thought the bulk of Bitcoin mining was powered by geothermal in Iceland, which is fairly clean.

It seems an oversimplification to assume power usage = anti-green, à la people buying electric cars without understanding how their battery charge is generated.


yep. the goal should be 'unlimited clean energy' because if you watch enough youtube videos you can tell that's not hard to do at all.

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PostPosted: Wed May 12, 2021 8:24 pm 
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IkeSouth wrote:
eth is a good long term hold. moreso than bitcoin i believe. bitcoin will never be anything but a savings account for people. eth is the gateway to a new internet... it's essentially the way the internet was originally intended, if they knew how much bandwidth and speed we would have by now. back in the 90s or early 2000s this decentralized algorithm model wouldnt be feasible... that's why these coins are taking off and theyre not going away (they said the internet would never be anything more than a couple clicky links and whatever back in the early 90s).

I believe they will go away. By force.


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PostPosted: Wed May 12, 2021 8:28 pm 
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denisdman wrote:
This Ends in Antioch wrote:
denisdman wrote:
People are just now realizing that bitcoin mining takes a lot of power? Lol.

I thought the bulk of Bitcoin mining was powered by geothermal in Iceland, which is fairly clean.

It seems an oversimplification to assume power usage = anti-green, à la people buying electric cars without understanding how their battery charge is generated.


And it is being blamed for their glaciers melting.

Honestly hadn’t heard that connection before. I’ll have to read up a bit.

Iceland generally is in a weird spot, as they need tourism but rely on the least energy efficient forms of transportation to bring those tourists to their island. Then they bitch about glaciers while also touting the local green credentials.

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PostPosted: Wed May 12, 2021 8:45 pm 
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SpiralStairs wrote:
Nas wrote:
Someone needs to dig a hole in a desert for Musk.


Not before I unload these Tesla shares plz.

:lol:

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PostPosted: Wed May 12, 2021 8:57 pm 
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Doesn’t Tesla still own billions worth of Bitcoin? Why would Musk make such a statement knowing he’d be killing the value? Look for shareholder lawsuits and maybe another SEC inquiry.

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PostPosted: Wed May 12, 2021 8:59 pm 
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The Deep State got to Musk


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PostPosted: Wed May 12, 2021 9:01 pm 
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Jaw Breaker wrote:
Doesn’t Tesla still own billions worth of Bitcoin? Why would Musk make such a statement knowing he’d be killing the value? Look for shareholder lawsuits and maybe another SEC inquiry.


Tank it so he can buy more under $50,000 and continue to prop up Tesla's balance sheet. Also Coinbase isn't filling orders during this sell off. Not a great look.

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PostPosted: Wed May 12, 2021 9:02 pm 
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Dr. Kenneth Noisewater wrote:
denisdman wrote:
Inflation fears bubbling to the surface!


I don't get it.

You pour trillions of dollars into the economy, shut everything down, limit access to vital resources, and that leads to inflation?

Not in my world.

:lol:

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PostPosted: Wed May 12, 2021 9:03 pm 
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SpiralStairs wrote:
Jaw Breaker wrote:
Doesn’t Tesla still own billions worth of Bitcoin? Why would Musk make such a statement knowing he’d be killing the value? Look for shareholder lawsuits and maybe another SEC inquiry.


Tank it so he can buy more under $50,000 and continue to prop up Tesla's balance sheet. Also Coinbase isn't filling orders during this sell off. Not a great look.


I just bought some under-50 bitcoin on Coinbase.

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PostPosted: Wed May 12, 2021 9:08 pm 
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Dr. Kenneth Noisewater wrote:
SpiralStairs wrote:
Jaw Breaker wrote:
Doesn’t Tesla still own billions worth of Bitcoin? Why would Musk make such a statement knowing he’d be killing the value? Look for shareholder lawsuits and maybe another SEC inquiry.


Tank it so he can buy more under $50,000 and continue to prop up Tesla's balance sheet. Also Coinbase isn't filling orders during this sell off. Not a great look.


I just bought some under-50 bitcoin on Coinbase.


Coinbase pro or regular coinbase?

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PostPosted: Wed May 12, 2021 9:27 pm 
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Regular.

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PostPosted: Wed May 12, 2021 10:19 pm 
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That explains it.

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PostPosted: Wed May 12, 2021 10:28 pm 
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Is that bad?

Always willing to learn.

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PostPosted: Wed May 12, 2021 10:34 pm 
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Pro is down, regular is not apparently. That's all.

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PostPosted: Thu May 13, 2021 8:44 pm 
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If that was the come to Jesus crypto crash, I think I’ll plan to retire soon.

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PostPosted: Mon Jul 19, 2021 11:18 am 
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Down 800 today


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PostPosted: Mon Jul 19, 2021 3:55 pm 
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Hail Satan :twisted:


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PostPosted: Tue Jul 20, 2021 8:44 am 
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well, I guess its back to working until I die at my desk

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PostPosted: Tue Jul 20, 2021 6:52 pm 
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Does the market ever go down more than one day? The FED has this market totally rigged.


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