Will Bitcoin break $100k before the end of 2021?
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Will Bitcoin break $100k before the end of 2021?
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And lose their "satanic eyes" in profile pictures? (Score:2)
why would they ever want that?
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Okay, I give up. I know it will kill the joke, but please explain. Is it some kind of art joke? Or a specific website's meme? Maybe a photo filter for selfies?
Anyway, I thought the deadline was short enough that $100,000 is too high. However, when you consider the tulips, the historical precedent for peak "value" might be $10 million in today's dollars.
Long-term value of a tulip bulb? About 50 cents. https://www.amazon.com/TULIP-I... [amazon.com] But if you really had to, you could eat the tulip. [Anyone for bowling bal
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Bitcoiners on Twitter have laser eyes on their avatars. This stands for laser focus to get to $100K price for bitcoin. Laser eyes come off after $100K price is reached, allegedly.
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Thanks for the clarification. That's almost as stupid as Bitcoin itself.
Now if we could take all of the power Bitcoin is wasting and use it for a space laser... That would be something.
No, no, no. NOT the Jewish kind of space laser. I'm interested in a space laser we could use to send messages to the space aliens.
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The decentralized consensus wouldn’t work without dispensing the energy and the energy used is mostly either surplus or stranded energy anyway:
https://www.coincenter.org/edu... [coincenter.org]
I definitely wouldn’t call it stupid.
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NAK
Re: And lose their "satanic eyes" in profile pictu (Score:2)
I'm interested in a space laser we could use to send messages to the space aliens So basically you're interested in being eaten? Go read How to Serve Man and review your choice.
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If you're trying for Funny, you need to try harder. Much.
But I'll go ahead and reply anyway. If there were malignant aliens they would have found and exterminated us already. Projection of their own malignancy and then searching for and dealing with possible threats. I am not sure, but space is big and therefore I do consider it highly likely that aliens do exist and have already found us, but they are intellectually curious enough to watch us. Possibly even playful enough to gamble on our successes and fai
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Thanks for the clarification. That's almost as stupid as Bitcoin itself.
Now if we could take all of the power Bitcoin is wasting and use it for a space laser... That would be something.
No, no, no. NOT the Jewish kind of space laser. I'm interested in a space laser we could use to send messages to the space aliens.
No, No, No. Don't you see? As soon as bitcoin and the rest of the cryptocurrencies shut down, it'll only be https and winzip causing Global Warming.
Unethical (Score:3, Insightful)
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I understand bro, I also wish I had started mining in 2013.
Re: Unethical (Score:1)
Heâ(TM)s not your bra, bubâ¦.
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Re: Unethical (Score:2)
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Feeling bad you missed the boat, eh?
You can still make money trading even if you missed the initial smart moves.
Probably Not (Score:3)
If Bitcoin follows it's usual price swinging pattern, it will probably hit $80K and then crash in value by 50% again.
Maybe it will hit $100K on the next go-around, assuming that the EU and US governments haven't added any new restrictions to it by then. They do love finding new ways of taxing things.
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Exactly my thoughts it's bang-bust cycle with increases each time. What's sad is that Bitcoin can no longer be used for any normal transactions - it's just sitting there as a store of value burning CO2.
Quantitative easing (QE) causes asset price inflation (https://en.wikipedia.org/wiki/Asset_price_inflation) while not directly/immediately causing that much price inflation (inflation in consumer prices). Central banks have injected unprecedented amounts of money into the economy using QE. A potential bitcoin bubble may well be caused by QE although it is probably one of the smaller bubbles caused by this. And it does also seem to start leaking seriously into general price inflation now.
Re:Probably Not [A missing option Subject?] (Score:3)
QE is an interesting kind of backwards steering. All of the politicians have decided that as long as the stock market doesn't crash, they can claim the economy is doing fine. There was a time when stock prices were at least partly related to the value of each company's business. A long ago time. Now they are just going to keep pumping in whatever amounts of imaginary or borrowed money it takes to keep the stock prices from crashing. At least that's "the plan" (on the theory someone is planning anything).
But
Re: Probably Not [A missing option Subject?] (Score:1)
Re: Probably Not (Score:2)
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Bitcoin - the original project, can still be used for normal transactions. Sadly the project that stole the name "bitcoin" and the BTC ticker is pushing this silly store of value narrative instead of being actually useful.
Proper usable-as-cash bitcoin is now called bitcoin cash.
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Bitcoin - the original project, can still be used for normal transactions. Sadly the project that stole the name "bitcoin" and the BTC ticker is pushing this silly store of value narrative instead of being actually useful.
Proper usable-as-cash bitcoin is now called bitcoin cash.
The truth is that bitcoin, BTC, *IS* usable as cash RIGHT NOW...if you didn't know, the test bed for this is an entire nation state. El Salvador made BTC legal tender and is using the Lightning Network to bring financial inclusivity to their entire country...it rolled out seamlessly and you can just scan a QR code for immediate payment anywhere in the country now...the Bitcoin Cash folks realy need to stop deluding themselves and get aligned with reality again.
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Seems the market disagrees with your ridiculous 2015 narrative. Bcash was as high as 0.3 bitcoin in 2017, down to 0.01 now and still sliding. Is it still in the top 20 coins? Probably not for long.
Other question... (Score:4, Insightful)
Will this poll still be up at the end of 2021?
I'm guessing yes.
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"How long will this poll be here?" would be an excellent question. Just as useless as all the other /. polls but at least honest about it.
Probably... (Score:2)
I vote "no" and not buying into it, so it's almost guaranteed to actually do so...
Where's the CowboyNeal option? (Score:4, Informative)
(o) Yes
(o) No
(o) My CowboyNealCoin will outperform it
Nullable boolean ftw!
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Mod parent Obligatory.
Wouldn't that depend on the Dollar? (Score:2)
I thought BTC was exchanged against a quasi Dollar... so wouldn't BTC in part depend on how inflation is going for the US? Which is very well, if you are the inflation ;).
No for 2 reasons (Score:2)
1. If it sticks to its current trajectory, it will get there, just not in the next couple of months.
2. Some banks and governments (Is there a difference?) are sending ever increasing sums to stop it. To stop this psychological step, they will probably increase the amount.
Unless the Dollar crashes again...
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SEC just approved a bitcoin ETF. Another couple on the way. There are 3 ETFs on TSX (Toronto) since the spring.
Who cares? (Score:2)
Third option (Score:2)
I couldn't register my vote because I couldn't find the "Who Cares" button.
Re: It'll crash once it hits $100K(*) (Score:2)
Uhhâ¦why would I cash out to dollars?
Many of us early adopters have been paid, for years, in bitcoin. We pay each other for labor in bitcoin.
We acquire assets, and sell assets, using bitcoin.
The $100,000 goal here isnâ(TM)t to sell bitcoin for $100,000 and yay profit, but to laugh at the fools who are watching their salaries plummet in buying power.
Yeah, I starting acquiring bitcoin when it was only $3 per, and I still acquire it now, but I donâ(TM)t use Coinbase or whatever. I trade m
Poll Suggestion: Windows 11 upgraders? (Score:2)
Current poll already seems to be dead, so here's a suggested 2-D poll for Windows 11 upgrades:
How my upgrade to Windows 11 went:
(1) Feels faster and has other improvements, too.
(2) Feels faster, but otherwise no better.
(3) Feels no faster, but has some compensating improvements.
(4) Feels no faster and also nothing else improved.
(5) I'm waiting for Cowboy Neal's report on the upgrade to his beowolf cluster quantum computer.
Giving too much priority to speed? But I think that's where the hardware requirements
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And then Apple sent me a 12 GB OS upgrade? This is getting ridiculous. Twelve GBs of OS to turn the computer on? WTF?
Are cryptocoins hackable? (Score:1)
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That's where the "distributed" nature of the block chain ledger comes into play. The coordination to ensure they're the source of truth on all the copies needed to pull it off would put this in the highly improbable camp. In other words, not technically impossible, but technically inconceivable.
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I'm inclined to think that any attack against the Bitcoin system itself will target something different from the POW mechanism. Like Maginot, why defeat what can be circumvented?
In Tether or actual money? (Score:2)
Will there be proper arm's-length trades of 100,000 real American dollars for one Bitcoin? LOL, no.
Chinese are actually bitmining (Score:2)
Way to phone it in (Score:2)
No (Score:1)