Bitcoins/Litecoins/Virtual Currencies

Arden

Blackwing Lair Raider
2,648
1,941
gonna delete my apps and rediscover i have millions in like 10 yrs

solid plan right?
Delete your apps, destroy your phone, go live in a cave in the desert and contemplate life for 5 years. Then return to civilization wiser and much, much richer.
 
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Jackie Treehorn

<Gold Donor>
2,771
6,428
Yeah, right about now that's looking like the right call. I also sold my MANA and ADA a few weeks ago and then they went way up.

Well, I'm sticking with VET. If this causes VET to never grow again...well, I owe everyone an apology, but I'm not going to jump out of it any time soon.

Getting back in over the weekend is probably the way to go, but I got back in at .1850 today because I don't see it crashing to the degree that we predicted. Yeah, it seems like the "crash" was already pre-emptively going on before the speech. Though I did make some gains, selling at .21 a couple days ago and buying at .185. I don't think it's going to end up at .15 or anything crazy like that. Was thinking today would be the day of a large sell-off but not really.

In retrospect I'm probably buying back in too early. Good chance it'll be better to get it on the weekend. Right now it's all about getting the best deal before it rebounds. It's still following a similar price trajectory to what MANA was doing a few months ago.
I’m gonna wait til tomorrow / weekend myself. We’ll see if it’s the right roll of the dice.
 

Intrinsic

Person of Whiteness
<Gold Donor>
14,264
11,711
gonna delete my apps and rediscover i have millions in like 10 yrs

solid plan right?

They’ll mail you a stack of
AFA895BD-42C5-4F7B-BBF3-6BAEE00486F1.jpeg
 
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Fadaar

That guy
10,470
11,410
Delete your apps, destroy your phone, go live in a cave in the desert and contemplate life for 5 years. Then return to civilization wiser and much, much richer.

sounds like a great opportunity to get frozen in stasis and come back out in 10 years the same age and a fuckton richer
 

Aaron

Goonsquad Officer
<Bronze Donator>
8,114
17,918
I don't have time to dig up sources right now but look into stranded energy and how Bitcoin can monetize it. Have a big river in Iceland that is too far away from civilization to utilize? Put in some mining rigs and a Blockstream satellite and you've effectively monetized 'unusable' energy. Own 1000 acres in the Sahara? Build a solar array with Bitcoin rigs. You've just monetized previously worthless real estate and increased human productivity by transmuting real energy into digital value.

Civilization has been built around trade routes historically. It could be built around energy sources in the future.

I'm not being condescending when I say you need to do some research. Your questions have answers if you take the time to look. You shouldn't trust me or anyone else to figure it out for you.

My friend lives in Iceland. He knows these brothers who are sheep farmers somewhere down south. They generate their own electricity via a small mountain stream that runs past their farm. Just before the price of BTC jumped to around $18k they had set up an interesting rig. They bought bitcoin mining rigs and connected them around the barn, vehicle shop and sheep house. They mine BTC with free electricity while also providing heating around the buildings. I think they've made more doing this than farming sheep over the past couple of years. Wish I had a farm in the middle of nowhere in Iceland.
 
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Flobee

Vyemm Raider
2,608
2,997
Well that's definitely a true story.
I dunno about the story specifically, but I used it as an example for a reason. It's not uncommon

Although Iceland is home to some of the largest Bitcoin mining facilities in the world,

But there are some cryptocurrency miners based in countries such as Iceland and Norway, where most energy production is almost 100% renewable, via hydro-electricity and geothermal energy.

Iceland, Sweden and Norway have been popular mining locations because of an abundance of geothermal, hydro and wind power.
 
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Mist

Eeyore Enthusiast
<Gold Donor>
30,414
22,202
What are people's feelings about buying Greyscale Ethereum shares through Fidelity?