News:

As an Amazon Associate I earn from qualifying purchases.

Main Menu

Crypto - Bitcoin, Dogecoin, Ethereum, etc.

Started by Woolly Bugger, February 15, 2022, 16:36:29 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Woolly Bugger

Quote from: Trout Maharishi on February 16, 2022, 19:21:10 PM

I bought 5 Bitcoin in 2015. It was less than $400 a coin. Now I'm not sure how to maximize it's potential spending power. I recently saw where Turbo Tax and Coinbase are teaming up to offer your tax refund (refund, what the hell is that?) in crypto. https://www.fastcompany.com/90718566/turbotax-teams-with-coinbase-to-give-you-your-2022-tax-refund-in-crypto

If you have a friend who's "into crypto", then now is the time to check in on them. In late January, prices of Bitcoin and Ethereum, two of the most popular cryptocurrencies, plunged to levels that many experts never predicted, and memecoins like Dogecoin were dragged down with them. Countless people have watched thousands of pounds disappear before their eyes.

https://www.vice.com/en/article/akvn8z/crypto-bad-for-mental-health

ex - I'm not going to live with you through one more fishing season!
me -There's a season?

Pastor explains icons to my son: you know like the fish symbol on the back of cars.
My son: My dad has two fish on his car and they're both trout!

Onslow

Quote from: Woolly Bugger on February 16, 2022, 22:15:15 PM

Quote from: Trout Maharishi on February 16, 2022, 19:21:10 PM

I bought 5 Bitcoin in 2015. It was less than $400 a coin. Now I'm not sure how to maximize it's potential spending power. I recently saw where Turbo Tax and Coinbase are teaming up to offer your tax refund (refund, what the hell is that?) in crypto. https://www.fastcompany.com/90718566/turbotax-teams-with-coinbase-to-give-you-your-2022-tax-refund-in-crypto

If you have a friend who's "into crypto", then now is the time to check in on them. In late January, prices of Bitcoin and Ethereum, two of the most popular cryptocurrencies, plunged to levels that many experts never predicted, and memecoins like Dogecoin were dragged down with them. Countless people have watched thousands of pounds disappear before their eyes.

https://www.vice.com/en/article/akvn8z/crypto-bad-for-mental-health

Quote from: Woolly Bugger on February 16, 2022, 22:15:15 PM

Quote from: Trout Maharishi on February 16, 2022, 19:21:10 PM

I bought 5 Bitcoin in 2015. It was less than $400 a coin. Now I'm not sure how to maximize it's potential spending power. I recently saw where Turbo Tax and Coinbase are teaming up to offer your tax refund (refund, what the hell is that?) in crypto. https://www.fastcompany.com/90718566/turbotax-teams-with-coinbase-to-give-you-your-2022-tax-refund-in-crypto

If you have a friend who's "into crypto", then now is the time to check in on them. In late January, prices of Bitcoin and Ethereum, two of the most popular cryptocurrencies, plunged to levels that many experts never predicted, and memecoins like Dogecoin were dragged down with them. Countless people have watched thousands of pounds disappear before their eyes.

https://www.vice.com/en/article/akvn8z/crypto-bad-for-mental-health

Their poor choices ruined their lives.  Get a fucking job, sacrifice, save. Being a money skimmer has occupational hazards. 

Woolly Bugger

ConocoPhillips Selling Excess Gas to a Bitcoin Miner in North Dakota
The oil major is aiming to reach zero routine flaring by 2025.

>>>ConocoPhillips (COP), the giant oil and gas exploration and production company, is routing excess natural gas from one of its Bakken region projects in North Dakota to supply necessary power to a bitcoin (BTC) mining operation.

"ConocoPhillips has one bitcoin pilot project currently operating in the Bakken, where gas that would otherwise have been flared is routed to a bitcoin processor owned and managed by a third party," a ConocoPhillips spokesperson told CoinDesk in an emailed statement.

https://www.coindesk.com/business/2022/02/15/conocophillips-selling-excess-gas-to-a-bitcoin-miner-in-north-dakota/

ex - I'm not going to live with you through one more fishing season!
me -There's a season?

Pastor explains icons to my son: you know like the fish symbol on the back of cars.
My son: My dad has two fish on his car and they're both trout!

Trout Maharishi

It takes considerable knowledge just to realize the extent of your own ignorance.
Thomas Sowell

trout-r-us

It seems anything that diverts investment dollars away from the wolves of Wall Street is quickly labeled as rat poison. 🤣🤣

"The harsh words for crypto mark the latest in a series of similar comments from Munger. In recent years, he has described bitcoin as "rat poison" and "noxious poison." Berkshire Hathaway CEO Warren Buffett, a longtime friend and colleague of Munger, has also described bitcoin as "rat poison."

https://www.yahoo.com/finance/news/charlie-munger-on-cryptocurrency-get-rich-quick-190526831.html


Trout Maharishi

Governments are afraid of loosing control of their currency. Look at what they have done to the truckers in Canada.

It takes considerable knowledge just to realize the extent of your own ignorance.
Thomas Sowell

Woolly Bugger

Crypto Price Crash Panic: Serious NFT 'Hack' Suddenly Sends Bitcoin, Ethereum, BNB, Solana And Cardano Sharply Lower

>>>>Bitcoin and cryptocurrency prices, teetering on the brink of collapse in recent days due to the escalating situation in Ukraine, have suddenly moved sharply lower following news of a serious attack on non-fungible token (NFT) platform OpenSea.

The bitcoin price has crashed under $40,000 per bitcoin, down over 5% over the last 24 hours, while ethereum and its rivals BNB, solana, cardano are down between 6% and 8%—even as the crypto market is braced for a $100 trillion earthquake.

The latest crypto price crash, which has wiped almost $300 billion from the combined crypto market over the last few days, was sparked by a series of viral tweets from panicked NFT traders, leading OpenSea to say it's investigating "rumors of an exploit."

The hacker, whose ethereum address can be seen here, appears to have stolen roughly $3 million in NFTs, including from the popular Bored Ape Yacht Club collection that counts Paris Hilton and Jimmy Fallon as owners.

https://www.forbes.com/sites/billybambrough/2022/02/20/crypto-price-crash-panic-serious-nft-hack-suddenly-sends-bitcoin-ethereum-bnb-solana-and-cardano-sharply-lower/?sh=47811eea4244

ex - I'm not going to live with you through one more fishing season!
me -There's a season?

Pastor explains icons to my son: you know like the fish symbol on the back of cars.
My son: My dad has two fish on his car and they're both trout!

Trout Maharishi

This is an interesting development. Looks like the big guy wants his 10% :laugh: I think they want to create some more money out of thin air to fund some form of government run crypto. They also want to be sure they know where your money is and how you are spending it. Just in case they need to stop you from spending it like they did in Canada recently.
https://www.msn.com/en-us/money/markets/biden-e2-80-99s-crypto-executive-order-puts-e2-80-98urgency-e2-80-99-on-digital-dollar-research-and-fuels-bitcoin-ether-prices/ar-AAUQo8m?ocid=uxbndlbing

It takes considerable knowledge just to realize the extent of your own ignorance.
Thomas Sowell

Woolly Bugger

40% of bitcoin investors are now underwater, new data shows

Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode.

In the last month alone, 15.5% of all bitcoin wallets fell into an unrealized loss, as the world's most popular cryptocurrency plunged to the $31,000 level, tracking tech stocks lower.

Bitcoin's close correlation to the Nasdaq challenges the argument that the cryptocurrency functions as an inflation hedge.

https://www.msn.com/en-us/money/markets/40-25-of-bitcoin-investors-are-now-underwater-new-data-shows/ar-AAX57VO?ocid=uxbndlbing

ex - I'm not going to live with you through one more fishing season!
me -There's a season?

Pastor explains icons to my son: you know like the fish symbol on the back of cars.
My son: My dad has two fish on his car and they're both trout!

Trout Maharishi

I'm a long way from underwater, but my Bitcoin is only worth about 44% of what it was at it's peak.

It takes considerable knowledge just to realize the extent of your own ignorance.
Thomas Sowell

Woolly Bugger

Quote from: Trout Maharishi on May 10, 2022, 23:18:45 PM

I'm a long way from underwater, but my Bitcoin is only worth about 44% of what it was at it's peak.

Coinbase earnings were bad. Worse still, the crypto exchange is now warning that bankruptcy could wipe out user funds

Hidden away in Coinbase Global's disappointing first-quarter earnings report—in which the U.S.'s largest cryptocurrency exchange reported a quarterly loss of $430 million and a 19% drop in monthly users—is an update on the risks of using Coinbase's service that may come as a surprise to its millions of users.

In the event the crypto exchange goes bankrupt, Coinbase says, its users might lose all the cryptocurrency stored in their accounts too.

https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/

ex - I'm not going to live with you through one more fishing season!
me -There's a season?

Pastor explains icons to my son: you know like the fish symbol on the back of cars.
My son: My dad has two fish on his car and they're both trout!

Support the BRFFF