Is bitcoin a climate killing Ponzi scheme?

[Sparktrader]

Litecoin is faster and uses less energy if that worries you. No 1 coin in 10 years may be Ethereum or Litecoin not Bitcoin.

[Sparktrader]

On 5/5/2021 at 11:30 PM, Jingthing said:

Well I don’t have children and I still care at least a little. I know. I know. Virtue signaling. So sue me.

Except climate is better now than before. Earth has more crop growing regions. Proven by satellite data. Sad people got conned by gw scare.

[Sparktrader]

The world is literally a greener place than it was 20 years ago, and data from NASA satellites has revealed a counterintuitive source for much of this new foliage: China and India. A new study shows that the two emerging countries with the world's biggest populations are leading the increase in greening on land.

[In Full Agreement]

On 5/5/2021 at 9:46 PM, Caldera said:

Strange, the more money I make with bitcoin (acquired a long time ago), the less I care what other people think about it.

 

 

Did you ever try to convert any of your bitcoin to fiat currency and get anything other than tethers?

[Sparktrader]

16 minutes ago, In Full Agreement said:

 

 

Did you ever try to convert any of your bitcoin to fiat currency and get anything other than tethers?

Any coin gets converted to dollars

[Neeranam]

34 minutes ago, In Full Agreement said:

 

 

Did you ever try to convert any of your bitcoin to fiat currency and get anything other than tethers?

My bitcoin is sent to my crypto.com debit card and I use that to pay for nearly all my bills, online shopping, meals, universities, etc

[Caldera]

1 hour ago, In Full Agreement said:

Did you ever try to convert any of your bitcoin to fiat currency and get anything other than tethers?

 

Yes. I'm not interested in Tether, or any other stablecoin for that matter.

[Heng]

5 hours ago, In Full Agreement said:

 

 

Did you ever try to convert any of your bitcoin to fiat currency and get anything other than tethers?

 

Most exchanges: Bitstamp, Kraken, Coinbase, etc. will convert Bitcoin into local fiat currency (and you hold that fiat with them in your account) and you can then withdraw that fiat with a bank transfer when you request it.   

[Neeranam]

14 hours ago, Caldera said:

 

Yes. I'm not interested in Tether, or any other stablecoin for that matter.

Can get 12% interest on it. 

[Caldera]

1 hour ago, Neeranam said:

Can get 12% interest on it. 

 

Yes, and that tells you all you need to know about the risk. ????

[Neeranam]

6 minutes ago, Caldera said:

 

Yes, and that tells you all you need to know about the risk. ????

No it doesn't. There are huge, safe opportunities in DeFi. Keep your cash in the bank if you prefer, up to you. 

[Jingthing]

Enjoy the ride!

 

 

[A1Str8]

No it's just that the new is replacing the old. 

[Jingthing]

Bitcoin is nothing.

More fun quotes.

 

'Black Swan' author Nassim Taleb compared bitcoin to a disease, called it a speculative bubble, and warned it was worthless. Here are his 8 best tweets about the crypto. (msn.com)

Quote

 

Nassim Nicholas Taleb has fired off a bunch of incendiary tweets about bitcoin over the past six months. The author of "The Black Swan" and "Antifragile" has compared the most-valuable cryptocurrency to an infectious disease, dismissed it as worthless, and argued it doesn't serve as a hedge against anything.

Last summer, Taleb asserted in an analysis dubbed the "Bitcoin Black Paper" that bitcoin isn't a currency, store of value, inflation hedge, or a haven from government tyranny or catastrophe.

 

 

[Jingthing]

Here is a more unusual high level critique of crypto and its fans by a former finance minister of Greece. 

 

Start 22:30

 

 

[Heng]

Nice btc bump this am.   Nothing like unrest and uncertainty. 

[Sparktrader]

On 12/3/2021 at 1:55 AM, Jingthing said:

Enjoy the ride!

 

 

Buffet has no idea about tech stuff really. Missed Amazon, missed Facebook, missed Bitcoin. He is old and out of date. Early bitcoin buyers made 10,000%+

 

 

[Sparktrader]

On 1/20/2022 at 8:30 PM, Jingthing said:

Here is a more unusual high level critique of crypto and its fans by a former finance minister of Greece. 

 

Start 22:30

 

 

Bitter people who missed the boat.

 

Crypto is the future.

 

 

[StayinThailand2much]

On 5/3/2021 at 3:34 PM, fdsa said:

> Is bitcoin a climate killing

yes

 

> Ponzi scheme?

no

 

</thread>

Climate killer: yes! Ponzi scheme: too early to say.

[Jingthing]

Super bowl commercials are always right.

 

 

[The Hammer2021]

On 5/3/2021 at 3:34 PM, fdsa said:

> Is bitcoin a climate killing

yes

 

> Ponzi scheme?

no

 

</thread>

Opposite..No

Maybe.

The idiots who think BC is killing the climate think cows are killing the climate and indeed think humans are killing the climate. Scratch a greenie and find a red dedicated to the overthrow of capitalism....and  in these wokeco days dedicated to the overthrow of humanity sacrificed the at the altar of the Godess Gaia...BUT..I made a few bob on BC BITD  and now can afford Kobe beef stuffed with Pâté de foie gras and I flew around the world..So can't stop others having a bash..

 

[GrandPapillon]

1 hour ago, Sparktrader said:

Buffet has no idea about tech stuff really. Missed Amazon, missed Facebook, missed Bitcoin. He is old and out of date. Early bitcoin buyers made 10,000%+

 

 

it's easy to make 10,000% when you start with $1

 

Buffet used to do that in his young age ????

 

try that now when your minimum investment is $1bn, that's what he was saying in one of his rare interview a few years ago

 

he is missing out because he can't possibly invest without creating a shock in the market, and that could possibly make BTC reach $1,000,000 within days ????

[Sparktrader]

20 hours ago, GrandPapillon said:

it's easy to make 10,000% when you start with $1

 

Buffet used to do that in his young age ????

 

try that now when your minimum investment is $1bn, that's what he was saying in one of his rare interview a few years ago

 

he is missing out because he can't possibly invest without creating a shock in the market, and that could possibly make BTC reach $1,000,000 within days ????

Nope

Buffet made like 20% pa compounded using investment funds. Very good for old school.

 

He is old, out of touch.

 

Elon Musk is richer than him, modern loves coins.

 

Bitcoin markets on Binance are huge. 

 

Big business now.

 

 

Many said Amazon was a dud, they were wrong.

 

Facebook same

 

Bitcoin same

 

Tech changes the world

 

Bitcoin and Ethereum started a new bull mkt last 2 weeks.

 

Im up about 12% or 13% in less than 2 weeks with little risk. Bank interest is like 1% pa.

 

 

 

 

 

 

 

[Sparktrader]

People who poo poo bitcoin just dont understand it. They did the same with Amazon, facebook, tesla etc

 

Avg folk dont have millions. Taking advice from Buffet is not very useful. Better off taking a chance on new tech, take 5% of your funds take a chance.

[Sparktrader]

20 hours ago, The Hammer2021 said:

Opposite..No

Maybe.

The idiots who think BC is killing the climate think cows are killing the climate and indeed think humans are killing the climate. Scratch a greenie and find a red dedicated to the overthrow of capitalism....and  in these wokeco days dedicated to the overthrow of humanity sacrificed the at the altar of the Godess Gaia...BUT..I made a few bob on BC BITD  and now can afford Kobe beef stuffed with Pâté de foie gras and I flew around the world..So can't stop others having a bash..

 

Yes climate change is a cult. Dodgy science at best. In 05 they said by 2020 we be stuffed! Total bs

 

Now its 2030 then 2040 then 2050.

 

 

Dodgy wokes and lefties shifting goal posts!

 

They cant even predict 72 hrs ahead above 50%. Proven fact.

 

These 10 year forecasts and 50 years are <deleted>.

[The Hammer2021]

1 minute ago, Sparktrader said:

Yes climate change is a cult. Dodgy science at best. In 05 they said by 2020 we be stuffed! Total bs

 

Now its 2030 then 2040 then 2050.

 

 

Dodgy wokes and lefties shifting goal posts!

 

They cant even predict 72 hrs ahead above 50%. Proven fact.

 

These 10 year forecasts and 50 years are <deleted>.

Well we have all learned about the perils of modelling with the SAGE Liars but another view is the positive side of climate change

https://www.spiked-online.com/2022/02/15/why-global-warming-is-good-for-us/

 

[Sparktrader]

8 minutes ago, The Hammer2021 said:

Well we have all learned about the perils of modelling with the SAGE Liars but another view is the positive side of climate change

https://www.spiked-online.com/2022/02/15/why-global-warming-is-good-for-us/

 

Yes models all a bit dodgy. Crystal ball bs. Look at economic models lol

 

Flawed assumptions, garbage in garbage out

[GrandPapillon]

4 hours ago, Sparktrader said:

Yes models all a bit dodgy. Crystal ball bs. Look at economic models lol

 

Flawed assumptions, garbage in garbage out

just like Bitcoins and cryptos ????

[Sparktrader]

3 minutes ago, GrandPapillon said:

just like Bitcoins and cryptos ????

Btc is $44k us that is 44,000 beers.

 

Models are worth zero, zero beers

 

 

[Golden Triangle]

Surely, if for example you invest £1000, and it climbs too 1250, you take the £250 then wait for it to climb again, carry on ad infinitum. Well that's what I would do.