Find an idiot who believes your internet fun bucks are worth actual state-backed currency
Lost Bitcoins Man is still trying
- Thread starter SexyGreyFox
- Start date
Caporegime
Find an idiot who believes your internet fun bucks are worth actual state-backed currency
Do you think someone needs to walk round the streets knocking doors to sell bitcoin or something?
You can sell basically all the BTC you want on a crypto exchange in 0.00000001 of a second.
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It's still intrinsically worth nothing at all, and the only value that can ever be placed upon it is speculatory in nature.
It's not backed by any government, country, industry, anything... it's value is what it's value is, and can go (drastically) up or down over a year, month, weed or even a single day.
It's one of the most unstable "currencies" most people have ever seen, and is mostly used as a speculative asset, rather than a currency, at any rate. People don't spend it, they buy it and hope the value goes up. If it does, it does. It could also tank and wipe out your savings. And you won't know why, because there isn't anything to explain it. There's no company performance to analyse. It just goes up or it crashes down and you better hope you get out at the top rather than at the bottom.
It's gambling, and that's all it is.
Kind of ruins the point though doesn't it?
Bitcoin is literally just a digital pyrite at this point.
Caporegime
Tbf, people pay ridiculous amounts for paintings, or Balenciaga, value is subjective in many aspects.
Well a painting is real and it's value has at least some logic to it. Luxury fashion is just for poor people realistically.
Wrong - BTC and ETH have been very stable and are (YTD) up 62% and 107% respectively. Regardless in the event of runaway inflation you can trade it for more reliable fiat eg USD. Please do some research - your have no excuse being ignorant when you are proven wrong so easily.
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LOL, I've been watching BTC over many, many years. As a curiosity, but not something I'd ever get involved with. I'm not a compulsive gambler.
All crypto fluctuates like nothing else. The whole crypto space is bananas. Massive fluctuations, scams, scams and more scams... it's brilliant. Then you have the people like Bankman Fried, the exchanges that went under and took everyone's money with them. The stablecoins that weren't... It's such a fun thing to watch, and be thankful you aren't anywhere near it.
e: I should also point out, that there is nothing "stable" about a 107% increase year-on-year. That's not a stable currency, and in fact deflationary currencies are really undesirable. That's obviously what you want to see, for a speculative asset (as I said). However it's the opposite of what you want in a currency. If you spend £1 and tomorrow that £1 was worth £2, you obviously are not going to spend your money, you're going to hoard it. That's the opposite of what you want in a currency, as it disincentivises economic activity. You do not want people hoarding currency. It's terrible.
But I've also seen BTC peak at $65k ish and then fall in a short period to $30k. Lots and lots of people bought at $65k and lost their savings. It's gambling. BTC is not tied to anything. It's pure, pure speculation.
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Yes - it's an investment and it's been proven more reliable than stocks as per my figures. You are risk averse and that's fine - just stop fear mongering it's very tiresome.
Btw, @diamount here's a fun game for you.
Explain in your own words why BTC went up 67% this year.
So, comparing BTC to nVidia. nVidia's value went up something like 30% this year. The reason being nV has cornered the AI market, and there is a boom in AI right now. nV is the market leader and it's value has shot up massively.
Now, what is the reason for BTC to gain 67% in value...? See if you can think of a reason that is not, as I assert, pure speculation.
e: As for my "fear mongering"... if BTC is a sound financial investment then you have nothing to "fear" from sceptics like me.. If it's a purely speculative look of hot air, that depends entirely on shilling, hype and FOMO... then you have everything to fear from the nay-sayers. Because if the thing is literally a bunch of magic beans, anybody stating that it's a bunch of magic beans, is a threat. I know, I'm sorry.
Explain in your own words why BTC went up 67% this year.
So, comparing BTC to nVidia. nVidia's value went up something like 30% this year. The reason being nV has cornered the AI market, and there is a boom in AI right now. nV is the market leader and it's value has shot up massively.
Now, what is the reason for BTC to gain 67% in value...? See if you can think of a reason that is not, as I assert, pure speculation.
e: As for my "fear mongering"... if BTC is a sound financial investment then you have nothing to "fear" from sceptics like me.. If it's a purely speculative look of hot air, that depends entirely on shilling, hype and FOMO... then you have everything to fear from the nay-sayers. Because if the thing is literally a bunch of magic beans, anybody stating that it's a bunch of magic beans, is a threat. I know, I'm sorry.
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Got to be in it to win it.
Soldato
Are Stalker coins stable?
A guy after a night out allegedly decided to have a went a nap in a commercial dumpster near me. The bin got emptied that morning and taken to landfill and buried.
When they realised this is what likely happened to him (few months after he went missing), they spent months searching that section of the landfill and couldn’t find him, no trace.
If they couldn’t find something the size of an adult male body, they’ve got no chance of finding a hard disk.
amp.theguardian.com
When they realised this is what likely happened to him (few months after he went missing), they spent months searching that section of the landfill and couldn’t find him, no trace.
If they couldn’t find something the size of an adult male body, they’ve got no chance of finding a hard disk.
Police to call off landfill search for RAF gunner Corrie McKeague | UK news | The Guardian
Mystery around disappearance deepens after nothing found in five-month search of Cambridgeshire landfill site
amp.theguardian.com
Associate
I appreciate it's a first-world problem, but living under this cloud can't be easy. I feel for him, I agree on 0 chance, that makes it all the sadder.
A guy after a night out allegedly decided to have a went a nap in a commercial dumpster near me. The bin got emptied that morning and taken to landfill and buried.
When they realised this is what likely happened to him (few months after he went missing), they spent months searching that section of the landfill and couldn’t find him, no trace.
If they couldn’t find something the size of an adult male body, they’ve got no chance of finding a hard disk.
Police to call off landfill search for RAF gunner Corrie McKeague | UK news | The Guardian
Mystery around disappearance deepens after nothing found in five-month search of Cambridgeshire landfill site
Well the body was probably crushed beyond recognition, possibly into smaller parts. Presumably it was not done on a mass scale with deliberately programmed AI optic scanners to help sifting through it all as is being suggested by this recovery. This will have been humans just manually searching rubbish probably looking for something body sized and shaped. I don't expect the drive to find a dead human was particularly high either for most involved.
All things considered, it's not that surprising he was not found. He might be in a river underwater somewhere and never stayed in the dumpster anyway.
The company who are helping have done similar things with success.
Associate
Painfully, the success of it is probably worth quite a bit e.g. the rights to the story.
Without finding it, it's just a sad tale.
Without finding it, it's just a sad tale.
True, as well with a body you would hope there is only one to find. There's gonna be countless hard drives in land fill.A guy after a night out allegedly decided to have a went a nap in a commercial dumpster near me. The bin got emptied that morning and taken to landfill and buried.
When they realised this is what likely happened to him (few months after he went missing), they spent months searching that section of the landfill and couldn’t find him, no trace.
If they couldn’t find something the size of an adult male body, they’ve got no chance of finding a hard disk.
Police to call off landfill search for RAF gunner Corrie McKeague | UK news | The Guardian
Mystery around disappearance deepens after nothing found in five-month search of Cambridgeshire landfill site
A guy after a night out allegedly decided to have a went a nap in a commercial dumpster near me. The bin got emptied that morning and taken to landfill and buried.
When they realised this is what likely happened to him (few months after he went missing), they spent months searching that section of the landfill and couldn’t find him, no trace.
If they couldn’t find something the size of an adult male body, they’ve got no chance of finding a hard disk.
Police to call off landfill search for RAF gunner Corrie McKeague | UK news | The Guardian
Mystery around disappearance deepens after nothing found in five-month search of Cambridgeshire landfill site
That doesn't follow, if you had a human body in a section of landfill and you excavated it all and put it on a conveyor belt for scanning then... well you wouldn't even need to put it on the conveyor belt to find the body. But that's quite a big task that requires a decent budget.