What The Fuck Is Happening To Bit Coin?

WTF's Avatar
  • WTF
  • 05-12-2022, 07:12 AM
You are an old fucker. And don’t understand much of anything. Originally Posted by bambino
I understand that you are a Jim Jones wet dream you silly mule stalking fuck.
The U S Dollar has a nation to back it's worth. A nation choked full of assets. Oil, gas, real estate. The most lethal military in the world.

BitCoin problem(s) as I see it....is the cost of energy to mine. Another. It is dependent on nations whims. What if the US bans it?

Look at Coinbase right now.

Plus old fuckers like me just do not understand it! Originally Posted by WTF
Ya the energy to mine issue comes up often. However for all the Bitcoin mining that is done, the energy used is about half of what the overall banking industry consumes. It used to be way less than half, I'll have to do more research on that.

Also, Bitcoin mining consumes roughly 0.5% of all energy consumption worldwide. Bitcoin miners are always looking for "green" ways to decrease energy use and mining hardware is getting more powerful per hash rate.
WTF's Avatar
  • WTF
  • 05-12-2022, 11:27 AM
Do you realize that is quite a bit of energy consumption, pardon the pun.
VitaMan's Avatar
how many times has the stock market crashed? i'm down 120k. should i panic sell or stay the long course?

or better still .. buy? Originally Posted by The_Waco_Kid
So sad
VitaMan's Avatar
You are an old fucker. And don’t understand much of anything. Originally Posted by bambino
even sadder
WTF's Avatar
  • WTF
  • 05-12-2022, 01:06 PM
how many times has the stock market crashed? i'm down 120k. should i panic sell or stay the long course?



or better still .. buy? Originally Posted by The_Waco_Kid
Good for you....I thought you'd be doing worse the way you been carrying on!

I remember you squawking about Trump like he was your asset manager when you were up.
Why_Yes_I_Do's Avatar
how many times has the stock market crashed? i'm down 120k. should i panic sell or stay the long course?

or better still .. buy? Originally Posted by The_Waco_Kid
On the economy: You're in good hands with F Joe B... Oooops!
The_Waco_Kid's Avatar
Good for you....I thought you'd be doing worse the way you been carrying on! Originally Posted by WTF

what? no gloating about yer oil stocks? how much has the rest of your holdings lost?
The_Waco_Kid's Avatar
So sad Originally Posted by VitaMan

why? aren't you making a fortune day trader boy?


bhahahahahaaa
VitaMan's Avatar
Is that a response ? As a matter of fact I am.
The_Waco_Kid's Avatar
Is that a response ? As a matter of fact I am. Originally Posted by VitaMan



if you say so
VitaMan's Avatar
Is that a response ?
how many times has the stock market crashed? i'm down 120k. should i panic sell or stay the long course?



or better still .. buy? Originally Posted by The_Waco_Kid
You aren't down until you sell. If you believe in the stock of course average down and buy.
Why_Yes_I_Do's Avatar
The LambSCREAMMedia reports that they are investigating the run away, aka not transitory, inflation. They are stymied at the moment and are hoping to have the riddle solved by the Mid-Terms. However many anticipate that it make take until after the 2024 Presidential election as the data is difficult to comb through with the current technologies available.

They have produced a preliminary model, but remain unable to find the cause from the horrifying data. Researchers have narrowed it down to a time span between Trump leaving the White House and Putin invading Ukraine. We are assured that they will eventually find the cause from the below data.


Chung Tran's Avatar
You aren't down until you sell. If you believe in the stock of course average down and buy. Originally Posted by royamcr
Biggest myth Wall Street ever concocted. Hedge Fund Managers repeat it, to keep you invested in a crap Market, and you get shorn like a Sheep.

Congrats Bitcoin holders. Y'all are down 20% this week!

Oh sorry, you aren't down until you sell. My bad.

You had $100 Monday, now you have $80. That's ok, you will make 25% next week and be even