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(Some Guy)   Concern. Much scare   (decrypt.co) divider line
    More: Misc, Snoop Dogg, Market capitalization, market capitalization, Stock market, Bitcoin's bull run, price of Dogecoin, Shiba Inu, software programmers Jackson Palmer  
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1268 clicks; posted to Business » on 18 Apr 2021 at 3:25 AM (3 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



16 Comments     (+0 »)
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2021-04-17 9:45:33 PM  
But cryptocurrency is such a sure thing
 
2021-04-17 10:21:34 PM  
HODL that biatch!
 
2021-04-18 1:47:37 AM  
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2021-04-18 4:28:38 AM  
it sure would be nice if I could be able to upgrade to a new GPU.
 
2021-04-18 4:52:20 AM  
It's up 0.20+ from 3 days ago.

Nobody notice the Bitcoin drop?  That's the real story IMO.   A flash reduction in BTC hashing power in China resulted in a sell-off that shaved almost $10k off each coin.  Too much centralization in hashing power.

$DOGE on the other hand weathered it well ... aaaand it's back up to 0.30.  People are going to notice that.
 
2021-04-18 4:53:54 AM  

cretinbob: But cryptocurrency is such a sure thing


It's very selfish of you to keep this all-green market you found a secret from the rest of us.
 
2021-04-18 5:24:40 AM  
Tweets from Tesla CEO Elon Musk pumped the price of DOGE by 40% in the course of an hour earlier this year-a phenomenon which some analysts call the 'Elon Musk Effect.

Really? Phenomenon?!? Hyping something to get people to buy it is as old as prostitution - Barnum Bailey laid it out for us - "there is a sucker born every minute".

I like generally that Musk has tried to put back into the economy and society, but he really is nothing more than a modern Bailey. This Mars deal is a pipe dream, and I am saying that as a dedicated mystical-shiat-talking stoner.
 
2021-04-18 7:43:30 AM  

johnphantom: Tweets from Tesla CEO Elon Musk pumped the price of DOGE by 40% in the course of an hour earlier this year-a phenomenon which some analysts call the 'Elon Musk Effect.

Really? Phenomenon?!? Hyping something to get people to buy it is as old as prostitution - Barnum Bailey laid it out for us - "there is a sucker born every minute".

I like generally that Musk has tried to put back into the economy and society, but he really is nothing more than a modern Bailey. This Mars deal is a pipe dream, and I am saying that as a dedicated mystical-shiat-talking stoner.


It's tired now, but still accurate: if we had just taxed the rich the same as we did in the 50's, their "charity" looks simply like "their fair share of taxes".

And yeah, science on Mars is done with robots, very cheaply, with no human risk. The Martian colony is rich boy fantasy to escape the mess we've made here that everyone else will have to clean up.
 
2021-04-18 8:00:45 AM  

nijika: It's up 0.20+ from 3 days ago.

Nobody notice the Bitcoin drop?  That's the real story IMO.   A flash reduction in BTC hashing power in China resulted in a sell-off that shaved almost $10k off each coin.  Too much centralization in hashing power.

$DOGE on the other hand weathered it well ... aaaand it's back up to 0.30.  People are going to notice that.


Many people are hearing about China's cryptocurrency plans for the very first time, and those plans do not involve Bitcoin.  There may be doge, but it will be in the chili, not the money.  As other governments adopt their own cryptocurrencies (and ban Bitcoin), the shine will be off the apple.

Bitcoin, much like GME, is worth about tree fiddy.
 
2021-04-18 9:23:54 AM  

johnphantom: but he really is nothing more than a modern Bailey.


Most evidence does point this way, but...  full-flow-staged-combustion man.  Nobody ever got that off the ground until his aspie ass was able to recruit the right enginerds.  Just look at the names that work for him.  Karpathy, Kuehmann, Shotwell.  Keller designed his FSD and Dojo chips.  Funds Dahn.  Something is happening here.  This means things.
 
2021-04-18 9:33:09 AM  

bootman: johnphantom: but he really is nothing more than a modern Bailey.

Most evidence does point this way, but...  full-flow-staged-combustion man.  Nobody ever got that off the ground until his aspie ass was able to recruit the right enginerds.  Just look at the names that work for him.  Karpathy, Kuehmann, Shotwell.  Keller designed his FSD and Dojo chips.  Funds Dahn.  Something is happening here.  This means things.


Then give him the God damned alien UFOs the government has.
 
2021-04-18 10:47:14 AM  

log_jammin: it sure would be nice if I could be able to upgrade to a new GPU.


That's mostly Ethereum. Doge moved to ASIC hardware years ago. And because of the way its mining is merged with Litecoin, it doesn't waste as much electricity as the other cryptocurrencies (people mine for Litecoin and some of the blocks which fail to meet its difficulty threshold are good enough to count as valid for Dogecoin's blockchain).

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2021-04-18 11:13:33 AM  

log_jammin: it sure would be nice if I could be able to upgrade to a new GPU.


I have RMA'd my 3060TI twice now.  Nvidia has had it for the last 6 weeks.  Even they can't fix or replace it.

/can't or won't
 
2021-04-18 11:34:01 AM  
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2021-04-18 1:33:18 PM  
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2021-04-18 7:16:11 PM  
Oh, back up to $0.32. Almost like cryptocurrencies are volatile instruments or something because we've quantified vague hope and greed.

Plateauing at a top is rare, dead cats bounce, and people buy dips. Film at 11.
 
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