Bitcoin and Crypto Thread

PurpleUrkel said:
I encourage you to stop gambling.
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Already have my tickets to Bitcoin 2025, to be held in......Las Vegas!!

PU, if you review all my posts here and on the old forum, I think I've made it pretty clear I'm into Bitcoin not only for the big gains (though I am thoroughly enjoying them and fully expect them to continue), but because I believe the invention of the hardest money man has ever known has the potential to improve the lives of everybody on earth. I believe that the maxi slogan "Fix the Money, Fix the World" is 100% true.
 
Blade Runner said:
The BUT is that I believe it is immoral to have a currency and then say it's OK that a third party gets a % cut of the transaction by default or definition.
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Not quite true in this case because technically in Australia all merchants by law must provide at least one fee free payment option. So in Australia the merchants that do not accept cash either swallow the cost of card transactions or bifurcate it into two with "EFTPOS" i.e. debit/savings cards being free to use while credit cards are charged a fee.
 
PurpleUrkel said:
it is a speculative "investment" (gambling) that has no intrinsic value because it is not backed by anything, and it is time consuming and cumbersome taking up 123 pages on this forum to discuss?
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Did you ever answer the question, "What would change your mind about this asset"? or rather, do you intend to keep saying the same things if the network grows, the price and hash increase, etc? I can't recall if you took the same route as scorpion and basically just said no, or just stayed silent.

The point we are making here, which is not our fault, it's just reality, is that the direction isn't going in the way you guys seem to indicate, if what you say is true.
 
Blade Runner said:
What would change your mind about this asset?
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Nothing. As stated, I'm checking out of money in all forms sooner than later. Since I was kid our economy has always given me the heebie jeebies. Bitcoin is no exception, for me BTC is just an extension of a usurious system that more often than not rewards bad behavior and punishes good behavior. I grew up poor, and as a child seeing how most rich kids and their parents behaved around issues of social power thoroughly disgusted me. Nothing has changed. I'm tired of the "If you can't beat em', join em'" game. Two wrongs don't make a right. I know what I'm doing for money is wrong, and I pray for the day God gives me the strenghth to break free of a need, and most importantly a desire for money.

I'm out. I want to exist outside of time and numbers. I just want to be out in the woods unaware of what day it is, reading books, listening to music, watching movies and birds, camping on horseback, growing my own food, hunting quail, cooking, and piddling around my wilderness log cabin fixing the roof and building guitars with wood from my forest.

The only thing that I've really learned in this life is that the finest things in life are spontaneous and free, and require little to no money or planning to acquire.
 
JayR said:
"Bitcoin is useless..." "Nobody actually uses Bitcoin..."

I just donated 0.00010337 BTC to christisking.cc to help defray site hosting expenses -- yay me!

Valentine

Thread 'Donations for site hosting now open'

Hello all, we're collecting donations once again for our ongoing site hosting. This will cover the cost of servers, security infrastructure and software we depend on.

If our surplus becomes large in the future we may consider allocating some funds to further reinvestment in site growth such as a marketing budget, but any decisions like that will only be taken after polling the membership and ideas finalised by the leadership team. For now we just want to ensure we have enough funds to keep this site going for years to come.

Thank you for every donation, big or small, as well as to all...
  • Like
  • Prayer
  • Seal (of Approval)
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@scorpion reading this post

John Cena Reaction GIF by WWE


Inside Scorpion there are two wolves reading this post:

The first wolf wants CIK to succeed.

The second wolf wants BTC cult membership to bleed.

drunk kate mckinnon GIF by Saturday Night Live


[Reference in case you don't know the two wolves thing]

P.S. There is a third wolf who may say "I don't recommend crypto as an investment, but using it to pay donations to CIK is still encouraged. Also, Steady Hands has a great sense of humour as shown by turning this situation into a joke about the wolves inside us".

You Got It Reaction GIF
 
Steady Hands said:
P.S. There is a third wolf who may say "I don't recommend crypto as an investment, but using it to pay donations to CIK is still encouraged. Also, Steady Hands has a great sense of humour as shown by turning this situation into a joke about the wolves inside us".
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Or maybe all this time I've been a secret Bitcoin maxi who's just been trying to shake out paper hands with my criticism so I could acquire more Bitcoin at lower prices.

smile-morpheus.gif
 
PurpleUrkel said:
Nothing. As stated, I'm checking out of money in all forms sooner than later. Since I was kid our economy has always given me the heebie jeebies. Bitcoin is no exception, for me BTC is just an extension of a usurious system that more often than not rewards bad behavior and punishes good behavior. I grew up poor, and as a child seeing how most rich kids and their parents behaved around issues of social power thoroughly disgusted me. Nothing has changed. I'm tired of the "If you can't beat em', join em'" game. Two wrongs don't make a right. I know what I'm doing for money is wrong, and I pray for the day God gives me the strenghth to break free of a need, and most importantly a desire for money.

I'm out. I want to exist outside of time and numbers. I just want to be out in the woods unaware of what day it is, reading books, listening to music, watching movies and birds, camping on horseback, growing my own food, hunting quail, cooking, and piddling around my wilderness log cabin fixing the roof and building guitars with wood from my forest.

The only thing that I've really learned in this life is that the finest things in life are spontaneous and free, and require little to no money or planning to acquire.
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Do you expect to ever have a wife with this lifestyle or you are committed to living like a monk?
 
Steady Hands said:
Inside Scorpion there are two wolves reading this post:

The first wolf wants CIK to succeed.

The second wolf wants BTC cult membership to bleed
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Such a crazy, insightful, gotcha moment.
Australia Sucks said:
Do you expect to ever have a wife with this lifestyle or you are committed to living like a monk?
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You know nothing about nothing. You are an atheist with training wheels.

If you build it they will come.
 
My new solo Bitcoin mining rig:

1740072909290.png

Takes almost no space sitting on the entertainment center under my TV, and emits a barely audible hum from the cooling fan. Averages 1.2Th/s. I have the option of joining a mining pool and getting regular, small payouts, but I'm running as a solo miner hoping for that sweet 3.125 BTC block reward.
 
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Knight.of.Logos said:
Cool! Was that easy to set up?
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Yes, very easy. As you can see in the photo, I got the Bitaxe 601 (I am not affiliated). You just need a phone or computer with 2.4 Ghz Wifi to get it connected, and then you enter your Bitcoin wallet address into the Settings page of the app. That's it.

If I do miraculously solo mine a block, the reward gets sent to my wallet. I'm not sure how I know I've solved the block other than seeing 3.125 BTC has been deposited into my wallet.
 
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