Who else is riding this Bitcoin crazy train?
- Thread starter NinjaKnight
- Start date
I hope everyone who was interested in mining BTC and alt coins bought your equipment already, it's been going nuts since Christmas. GPUs are going for double to triple normal prices because the profits are through the roof.
My very modest mining rig of 9 GPUs is making me $50 a day just sitting there heating the basement.
My very modest mining rig of 9 GPUs is making me $50 a day just sitting there heating the basement.
Haha yeah it’s a solid $100 more a month. I plan on selling one of these rigs once summer hits or put them in the garage. But I love it now, my basement is like a sauna.
Trading bitcoin is great if you want something that has hyper volatility and is going to be regulated out of existence in the future. Good luck getting major economy vendors to accept bitcoin in the future after the first time a government finds that a major terrorist attacked was funded via untraceable bitcoin transactions.
And this is not me speaking- this is most anyone who is an expert on financial regulation and governmental security.
And this is not me speaking- this is most anyone who is an expert on financial regulation and governmental security.
Clear evidence that the dollar is tanking. 11 trillion dollars printed in the last 2 years, all going into the pockets of rich people had to go somewhere. May as well be bitcoin.Blew past $20K
By riding you had in mind mining? Because I used to mine bitcoin some years ago, but because system needed more power, and it was too expensive for me I gave up. Now with Haru Earn Plus product I am able to earn compound interest on my crypto. It is my first year working with them, but as far as I know I will make up to 16% profit per year. You can find a crypto compound interest calculator and try by yourself.
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Better sell before the bottom goes out after the 31st.
lol at this rate its more likely to hit 100K rather than 1K on the first.
I bought in several times and sold when it went up 3 or 4 thousand. I just sold my 56k for 61k a day or 2 ago.
I take profits when I am up 10 or 15% then I wait for the 5 or 10% drop and buy back in. Crypto is so volatile you can almost always buy back in for less than you sold for within a week
Also, Dogecoin. I bought 20K of them as a joke a few years ago for like $25. They are now 13 cents a pop. Not too shabby.
You are using that worthless fiat currency to measure the value of a computer byte.
This is insane. BTC is now the official currency of a country. El Salvador just ditched the USD and has BTC as their official state sanctioned currency. All this for an asset barely a decade old.
BTC and other crypto is obviously the future.
BTC and other crypto is obviously the future.
In a world first, El Salvador makes bitcoin legal tender
El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele's proposal to embrace the cryptocurrency, a move that delighted the currency's supporters.
Under the law, bitcoin must be accepted by firms when offered as payment for goods and services. Tax contributions can also be paid in the cryptocurrency.
"If you go to a McDonald's or whatever, they cannot say we're not going to take your bitcoin, they have to take it by law because it's a legal tender," Bukele said in an online conversation he held with crypto-currency industry figures in parallel to the debate in Congress.
Its use as legal tender will begin in 90 days, with the bitcoin-dollar exchange rate set by the market. Bukele said the government and Central Bank did not currently hold any bitcoin.
Lol. With this logic you probably also believe the USD is the official currency of Mexico.In a world first, El Salvador makes bitcoin legal tender
El Salvador became the first country in the world to adopt bitcoin as legal tender after Congress on Wednesday approved President Nayib Bukele's proposal to embrace the cryptocurrency, a move that delighted the currency's supporters.www.reuters.com
Under the law, bitcoin must be accepted by firms when offered as payment for goods and services. Tax contributions can also be paid in the cryptocurrency.
"If you go to a McDonald's or whatever, they cannot say we're not going to take your bitcoin, they have to take it by law because it's a legal tender," Bukele said in an online conversation he held with crypto-currency industry figures in parallel to the debate in Congress.
Its use as legal tender will begin in 90 days, with the bitcoin-dollar exchange rate set by the market. Bukele said the government and Central Bank did not currently hold any bitcoin.
I'm sure this whole thing just excites you because it gives you more opportunities to pay for sex trafficking out of Central America.
History of BTC
2011 - Only computer nerds use it
2014 - Only criminals use it
2017 - Only a small percentage of people use it
2020 - Only some companies use it
2021 - Only small countries use it
All this accomplished in one decade. You have to be an absolute and utter idiot to not realize crypto is the future. Of course this board has plenty of morons, just see some of the replies in my covid thread for examples.
2011 - Only computer nerds use it
2014 - Only criminals use it
2017 - Only a small percentage of people use it
2020 - Only some companies use it
2021 - Only small countries use it
All this accomplished in one decade. You have to be an absolute and utter idiot to not realize crypto is the future. Of course this board has plenty of morons, just see some of the replies in my covid thread for examples.
Bitcoin up to $50K and ETH over $3K. ETH is clearly the future of money, it solves so many problems with it's trustless contracts.
🤑😁 Happy official adoption day of Bitcoin as legal tender for a nation.
Incredible how far this tech has advanced in just a decade. Obviously it's the future.
Oh and it's at $50K
Incredible how far this tech has advanced in just a decade. Obviously it's the future.
Oh and it's at $50K
Every single person who has bought BTC and held it has made a profit. Just hit $66K, new all time high.
So I checked out my historic stats, I was making $7 a day when back when BTC was $7.5K a coin. Since I held that BTC and it's now $58K a coin I was actually making $54 a day as a fun hobby.
Hell yeah that's a nice ROI.
