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Here's a new thing that is definitely not a scam: https://tenset.io/ You give them your ETH and they give you their new cryptocurrency and use your money to buy other cryptocurrency and then you get the profits, I promise!
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Feb 26, 2021 02:27
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Stanley Pain posted:I have some bad news for some of you about cash. That too can be used for criminal enterprise. That convivence store down the road could also be used to launder money. Your laundromat might be owned by organized crime, etc. lmao going with the "you can kill someone with a hammer so giving everyone guns is good actually" approach
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Mar 19, 2021 15:05
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He already said he stopped miningApe Has Killed Ape posted:Then stop both. Stanley Pain posted:I have. Just take the W
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Mar 19, 2021 23:08
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https://twitter.com/ChuckTingle/status/1372934554508435464
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Mar 20, 2021 19:03
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xtal posted:To be honest, your posts over the last couple days are completely delusional. You seem to be unwilling to make any compromise and are making some extreme logical jumps to avoid your dissonance. Sorry to be blunt, but I'm not your therapist who's paid to sugar coat it. It's confusing when you make this post without quoting your own posts first. It looks like you're talking to someone else
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Mar 24, 2021 15:21
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You said:xtal posted:I once bought a bike from a local Canadian company, but they charged in USD since they have an online site. The transaction didn't post until the next day and it cost me $500 more due to forex and currency fluctuations. Never heard of that before! But it wasn't forex and currency fluctuations, it was your bank loving up or the vendor trying to gently caress you over. You were trying to compare USD fluctuations to bitcoin fluctuations with a bullshit story and then had to backtrack when your story got called out as bullshit
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Mar 24, 2021 16:13
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xtal posted:The bank definitely tried to gently caress me over in the sense that they were profiting from the overnight currency fluctuation. Nobody made a mistake or overcharged me, the USD price was exactly the same both bills and the only difference was the forex. Because I'm an extremely good customer and insisted, the bank gave me the forex rate from the day before even though they didn't really need to. It's really weird that you had a hyperlocal currency fluctuation like that when nobody else did, guess you're just really unlucky 
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Mar 24, 2021 16:20
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xtal posted:Exchange rate at time of purchase: 0.8088 So assuming that we take this at face value what is the point you are trying to make? Do you think the volatility of BTC and USD are comparable?
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Mar 24, 2021 17:26
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Waltzing Along posted:The batteries Tesla made could be real game changers. Being able to set up solar panels and a couple batteries in remote locations is something that seems like such a great thing. There is probably a bunch of awful associated with it of which I am unaware. There's the part where their solar panels had a tendency to burst into flames and they tried to hide it https://www.businessinsider.com/tesla-solar-panel-fires-become-nightmare-some-homeowners-2019-10 https://www.businessinsider.com/tesla-project-titan-replace-bad-solar-panel-parts-2019-8
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Mar 25, 2021 22:35
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Fur20 posted:it sounds like you can buy the battery without having to buy their solar panels, so if the battery tech is solid i don't see why you couldn't just get that and hook it up to your existing non-tesla system, or have someone who knows what they're doing arrange for better panels themselves Maybe, but given Tesla's history of hiding things falling apart/catching on fire I don't think I'd trust their batteries either
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Mar 25, 2021 23:11
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Nessus posted:What I dislike is that conversation about these technological systems in general is irreperably tainted by people falling over themselves to prove who hates and/or loves Elon Musk, Emerald Mining Heir, more. I didn't even say anything about Elon Musk. His lovely products speak for themselves. His "electric cars/trucks" and "solar/battery" both have a history of catching fire and Tesla trying to cover it up. On the positive side his solar panels probably won't autopilot you into a concrete wall, so they are still better than his cars.
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Mar 26, 2021 04:24
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Cabbages and Kings posted:welp, since I started mining on my 3080, daily income has slid from about $10 to about $7, so the hash difficulty is definitely ramping. Thank you for contributing to climate change and sex trafficking 
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Mar 28, 2021 15:24
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thing I could be doing. The upside is, if I take a bath on the stock it means Pfizer is hosed in some way, a thing that would be more useful to me than a few hundred bucks.
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Cabbages and Kings posted:When you made this post, the answer was pretty clearly "yes". Are you going to tell me that your thinking on that has changed and that if I offered you 10 btc for $100, you wouldn't buy them? Honestly, reading your entire post history here now seems like a thing I might do just to see how your mentality changed from the point where you made the OP to the point that you started inventing quotes to strawman people. Compromising your morals for $500k is very different than doing it for $7 a month
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Mar 28, 2021 21:19
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xtal posted:Yes, that's called an art museum. The other thing is that you can copy and reproduce physical art easily as well. I'm gonna do it right now! So you're argument now is that a picture of a physical object is the same as the physical object itself? I've got a bridge to sell you  Jose Valasquez fucked around with this message at 19:08 on Apr 4, 2021 |
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Apr 4, 2021 19:05
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xtal posted:If you're quoting Peter loving Thiel, you might be on the wrong side of things. Just do the opposite of what that fascist says. He is literally the 2010 Hitler. Agreed, nobody should ever support bitcoin mining https://fortune.com/2019/10/15/what-is-bitcoin-mining-layer1-peter-thiel-crypto-investment/ or be pro-crypto and pro-bitcoin https://twitter.com/nixonfoundation/status/1379894036060864516?s=20 I'm glad you've finally seen the light
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Apr 8, 2021 15:34
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hbag posted:decided to short 1INCH Stop loss only works if someone is buying the contract at that price though, right? If whatever "inch" is goes up too quickly you might not be able to sell at that price
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Apr 12, 2021 14:48
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Warthog posted:I don't really see a difference between cryptos and other ways to gamble with disposable income None of the other things you mention use the same amount of energy as 30 days of an average US home for a single transaction. The best estimates I can find show that a single bitcoin transaction has the same carbon footprint as burning a 42 gallon barrel of oil.
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Apr 14, 2021 01:10
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Warthog posted:Mind telling me where you got those numbers? https://digiconomist.net/bitcoin-energy-consumption They actually estimate the Bitcoin energy usage as lower than your source, but the USA has 330 million people while Bitcoin serves no practical purpose. Using 2/3rds the energy of idle US devices for absolutely no reason isn't some great selling point for bitcoin
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Apr 14, 2021 01:43
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notwithoutmyanus posted:absolutely normal and nothing more. they got shares for free or cheaper than ipo, the end. What people are missing is the same people will absolutely buy back in as well. If they're just going to buy back in why bother selling? These people love paying taxes that much?
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Apr 19, 2021 02:36
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RestingB1tchFace posted:Dogecoin doesn't have to make any sense. People are going to pump it tomorrow for little to no reason. Seems like an easy way to make a quick buck. But seeing as how dogecoin is meant as a joke....when does it go bye bye? What is it....10,000 new coins each day? Can't sustain that way. I'll obviously be wrong because cryptocurrency is divorced from reality, but if there is a public plan to pump it tomorrow it seems like everyone who knows and cares would buy today and there wouldn't be enough suckers left to buy the bags tomorrow.
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Apr 20, 2021 03:27
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von Vicious posted:Also, me personally, im putting money in as well. I know tomorrow will be big. I'm going to make a few nice profits, and exit tomorrow at it's peak, before I get screwed over and wait eternally for another rise like this. Not financial advice. How's this workin' out for you?
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Apr 20, 2021 19:34
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Space Camp fuckup posted:I doubled my money on stupid loving dogecoin. There’s some serious money to be made if you time things right. The trick is you have turn off the reasoning part of your brain and just try to guess what other people might be thinking. I doubled my money playing roulette and used a fraction of the energy
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Apr 22, 2021 04:47
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xtal posted:I've come to an understanding with HGB and decided to take a break from posting in GBS on my own accord. May you remember me by the avatar. Good luck! These were the days...
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Apr 22, 2021 14:54
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Fried Watermelon posted:I just cash out my bitcoin in drugs like a reasonable person. No capital gains on that You're supposed to pay capital gains even if you use bitcoin to buy something, you'll probably get a stricter sentence for the tax evasion than the possession
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Apr 23, 2021 17:36
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MechaCrash posted:I don't know enough about capital gains stuff to know if you're taking the piss. Yes https://www.entrepreneur.com/article/367764 quote:Using crypto for goods or services
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Apr 23, 2021 19:29
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Doctor_Fruitbat posted:Has anyone looked into the energy cost per person of regular currency against crypto? It constantly comes up, but of course no-one ever give hard numbers, just some nebulous "but don't you see that everything uses energy, and is therefore exactly the same?". https://digiconomist.net/bitcoin-energy-consumption
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Apr 27, 2021 14:06
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Andy Dufresne posted:I know there are lots of 10 page articles about tether but it's still confusing to most people so I'll break it down simply. It can't be that stupid, you must be explaining it wrong
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Apr 27, 2021 15:42
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xtal posted:Also Jimmy Wales is an objectivist. But I guess you can overlook that when you're at the top of the ladder. You're like a real life version of the "you participate in society" comic
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Apr 27, 2021 18:17
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spunkshui posted:NFTs are beanie babies. At least when the beanie baby market crashed you still had a beanie baby. When NFTs crash you'll have a dead URL
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Apr 29, 2021 20:28
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StandardVC10 posted:Anyone got the current numbers on cryptocurrency energy usage? Someone on another forum I use posted about getting into crypto, I voiced some mild, nonspecific skepticism, then the Bitcoin Defender logged on and posted something about "compared to the energy banks waste..." which, from browsing these threads occasionally, really didn't pass my sniff test. https://digiconomist.net/bitcoin-energy-consumption Spoiler alert: It's not even close
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Apr 30, 2021 04:09
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Knot My President! posted:That's not very nice. If you want a closer number it's probably 250 watts / hour / 24 hours / 30 days at 25 cents per kwh, so like $40/month. $180/month is because it was cold and it's warming up. Having an economics degree doesn't mean I study taxes. That's what tax advisors are for. If I can get a faster answer here then I will before I start going down the rabbit hole for something I'm merely considering as an option. Try to factor in the externalities of contributing to ETH as well. You're supporting a system with a huge energy consumption rate and carbon footprint. It's not as bad as BTC, but it still uses more energy than most countries. You're burning energy to help be the record keeper for money laundering and sex trafficking in exchange for a little bit of money.
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May 4, 2021 19:25
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Knot My President! posted:While true, is there anything we can do about it given the worldwide support behind crypto? I don’t want to bring in privation fallacies but it seems like there’s much more impactful tangential activism we could focus on, like restricting ship usage of bunker fuel, no? Yes there is something we can do about it, we can not support it. You literally don't have to do anything at all to not support cryptocurrency, just don't buy it and don't mine it. With all the time you spend not doing anything with cryptocurrency you can focus on reducing usage of bunker fuel. Two birds with one stone.
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May 4, 2021 20:40
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I get it, I recycle and ride my bike which is why I feel ok tripping old people on the street
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May 4, 2021 21:26
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If you want people to pat you on the head and tell you good job for mining ethereum the "making fun of cryptocurrency" thread is probably the wrong place
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May 4, 2021 21:41
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I'm gonna create xtalcoin, you earn 1 xtalcoin by buying annoying "coiners" a big red text avatar. 1 xtalcoin can be exchanged for a $10 donation to a food bank. It will all be tracked with a private blockchain in excel
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May 6, 2021 02:03
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lmao is this your death threat avatar?
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May 6, 2021 16:24
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xtal posted:No that's the one people have spent 80 dollars and counting on. They're not mad though. Good job showing them that it's definitely not getting under your skin. A meltdown like this is worth twice the price
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May 6, 2021 16:26
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If anyone is to blame for YOSPOS death threats it's the GBS thread for laughing at cryptocurrency
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May 6, 2021 17:31
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Stanley Pain posted:It's almost like there might be a difference between being funny and just bad at posting. You know, like, resorting to hostility to make a point. The guy making unsubstantiated accusations that death threats towards him are coming from this thread is definitely just being funny and not resorting to hostility
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May 7, 2021 00:34
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Slugnoid posted:just cashed out all my dunning-krugerrands and made $800 profit on what i put in the first place. i have to say it's a nice feeling but gently caress if im ever doing that again. its too loving nerve wracking. Might I recommend the Long Term Investing thread. Most professionals are going to charge you high fees to do what you can do for free by sticking your money in index funds
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May 10, 2021 15:26
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