Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. dblplay1212

    dblplay1212 Well-Known Member
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    An industry that consumes 1% of the global energy usage and has no regulations is insignificant?
     
  2. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Because they're making money off of it they couldn't care one bit. That's what we're finding out ITT
     
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  3. user15000

    user15000 Well-Known Member

    I blocked dbl. The next time he raises something valid or concerning about btc will be a first.

    Don’t know what else to tell you besides that it’s hilarious if you think I would ever say something like “btc mining has been scientifically shown to be safe for the environment.”
     
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  4. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    You literally challenge/defend every single criticism of BTC. So it's not really out of this realm to think you do not give one shit about the environmental damage it does(even if you don't think it's much)
     
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  5. user15000

    user15000 Well-Known Member

    Cute projection.

    You’re right on one part though. People who buy btc do make a shitload of money.
     
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  6. —

    Well-Known Member
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    This is why I think you are trolling. Do you think we should spitball ideas for an international BTC oversight committee or something? Literally no one is saying BTC is good for the environment.
     
  7. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    No but many are acting like it's not a problem.
     
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  8. Harrison Beck

    Harrison Beck Bailout Bro
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    but he uses big words sooo
     
  9. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    I think acknowledging it's a problem and maybe the singular biggest downside risk is a start. What regulatory mechanisms may become reality. Etc. Just hand waving it as insignificant or whatabouting is a wild stance for people who pretend they're experts.
     
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  10. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    The most embarrassing position imaginable
     
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  11. Harrison Beck

    Harrison Beck Bailout Bro
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    No one is an expert in here, everyone is met with articles from experts tho. Id read those.
     
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  12. user15000

    user15000 Well-Known Member

    Articles that no one reads. Harrison you need to scientifically and personally prove to me that btc leads to zero carbon emissions.
     
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  13. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    one of your “articles” is an index that shows that carbon emissions is a problem, so I’m not really sure what you think that list really is/proves
     
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  14. Harrison Beck

    Harrison Beck Bailout Bro
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    If must be tough for an intelligent guy like yourself to see idiots like me sitting around getting rich because we had the foresight and conviction to see it out.
     
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  15. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    I will read the one but pointing to people leveraged to death in btc and a financial incentive to defend it are hard to judge credibility.
     
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  16. user15000

    user15000 Well-Known Member

    Lyrtch thinks the defensiveness is fantastic.

    Personally I’m a bigger fan of the obvious jealousy.

    Guys, stop fighting it. It’s going up forever. The best time to buy was in the past. The second best time is today. The quicker you realize that, the better off you’ll be.
     
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  17. Gallant Knight

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    ok yes the fees on coinbase pro as considerably less.

    what is the difference in the two platforms?
     
  18. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Holy shit
     
  19. user15000

    user15000 Well-Known Member

    Nothing. I think Coinbase is just an IQ test that steals money from people who don’t sign up for CB pro.
     
  20. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Has someone tried turning this thread off and back on again?
     
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  21. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Doesn’t coin base offer a lot of coins that pro doesn’t?
     
  22. user15000

    user15000 Well-Known Member

    First, you have no clue what their leverage is.

    Second, why don’t you ignore the messenger and just read the message on its own merits. Mr. can’t resist calling out a logical fallacy dismissing an article because of the author is something else.
     
  23. user15000

    user15000 Well-Known Member

    Idk. He asked where he could buy btc. CB pro certainly has that.
     
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  24. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Thought he was curious of the general difference between the two.
     
  25. Gallant Knight

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    cost $1.50 to buy $250 worth of btc on pro. same thing on coinbase costs like $9.60
     
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  26. Gallant Knight

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    mainly just wanted to know if there was a monthly cost or min account balance. i have like $15k in btc/eth and was getting tired of paying so much to buy
     
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  27. construxboy

    construxboy xenForo is the new TMB
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    That's why I added the phrase "in reason" at the end of the sentence. But certainly agree with what you say. Free markets with some regulation. The dilly is in the details of course.
     
  28. user15000

    user15000 Well-Known Member

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  29. PaulKemp

    PaulKemp Well-Known Member
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    My guess: Coinbase fucks you with fees and market buys only, because it's the easiest to find and use. Coinbase Pro does not because they needed a platform that people who spend more than 2 seconds looking around will use. Makes me think I should go review the fees on all the major platforms again. What is Binance? I know OKCoin is really cheap.
     
  30. Harrison Beck

    Harrison Beck Bailout Bro
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    Was always free in the past. Idk if it is now
     
  31. Harrison Beck

    Harrison Beck Bailout Bro
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  32. user15000

    user15000 Well-Known Member

    CB pro is free.
     
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  33. Harrison Beck

    Harrison Beck Bailout Bro
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    Hard fork
     
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  34. user15000

    user15000 Well-Known Member

    If Kraken ever adds free ach transfers, that is the only place I will buy btc. Their fees are much lower, I like Jesse better than Armstrong, and Kraken hasn’t tried to undermine btc since inception.
     
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  35. Gallant Knight

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    surprised you're still buying
     
  36. Harrison Beck

    Harrison Beck Bailout Bro
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    Heard they might be forced to move off shore, what's that all about?
     
  37. construxboy

    construxboy xenForo is the new TMB
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    I mean, I tried...
     
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  38. user15000

    user15000 Well-Known Member

    I bought over $50k worth a few weeks ago. I bought $95k worth end of December. Both from bonuses. I buy with all excess cash every 2 weeks when I get paid.

    Only reason I can’t buy now is a $30k tax bill in May.
     
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  39. user15000

    user15000 Well-Known Member

    Hmmmm no clue. Haven’t seen that and it would surprise me. Their ceo is talking about going public so it wouldn’t make much sense. Link?
     
  40. Harrison Beck

    Harrison Beck Bailout Bro
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    Prob just a rumor then, saw it on Twitter, can remember who but I'll see if I can dig it up
     
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  41. user15000

    user15000 Well-Known Member

    In the interest of honest discourse, I think the single biggest downside risk is a multi-country plan to peg fiat currency to something such that it doesn’t rapidly debase. A Bretton Woods 2.0 if you will. I don’t think that could actually happen given where things sit with country debt cycles, but in theory, it could eliminate some of the need for btc.
     
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  42. Harrison Beck

    Harrison Beck Bailout Bro
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    Imagine knowing someone like 1500. The guy lives, eats, sleeps, breathes and shits bitcoin. You see him posting about this for over 4 years. Then imagine thinking he hasn't considered any of the downside risks or how that might play out. Maybe I'm giving too much credit in previous posts to Lyrtchs intelligence.
     
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  43. Harrison Beck

    Harrison Beck Bailout Bro
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    Ps Its Defi season again
     
  44. user15000

    user15000 Well-Known Member

    Every public figure i follow in the btc space has given thoughtful honest answers on multiple occasions to the “how could btc fail?” question. Pomp, Preston Pysh, Nic Carter, Raoul Pal (to the extent he’s a leader), Saylor, Breedlove, etc.

    One thing that has drawn me to the space is the intellectual talent and honesty through which they approach everything related to btc.

    Energy use isn’t high on my list of reasons why btc could fail.
     
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  45. Tug

    Tug Well-Known Member
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    Best observation haha
     
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  46. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    This post is hilarious considering just this page you said no one in here is an expert.
     
  47. Harrison Beck

    Harrison Beck Bailout Bro
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    Doing your due diligence on a subject for over 4 years doesn't make you an expert. He's probably qualified to shit post about it on the internets tho. HTH
     
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  48. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    Would you say he has comprehensive knowledge?
     
  49. Gallant Knight

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    lads is it a possibility that it could be #altseason?

    i put $50 into every shitcoin on coinbase and some of them are going ham
     
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  50. construxboy

    construxboy xenForo is the new TMB
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    Would you say he has a plethora of knowledge, Hefe?