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The Bitcoin/Crypto Thread

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  • markM mark

    @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

    In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

    This is fun. Hopefully with a little mad money down the road.

    89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #242

    @mark said in The Bitcoin/Crypto Thread:

    @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

    In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

    This is fun. Hopefully with a little mad money down the road.

    Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

    IvorythumperI markM 2 Replies Last reply
    • 89th8 89th

      @mark said in The Bitcoin/Crypto Thread:

      @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

      In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

      This is fun. Hopefully with a little mad money down the road.

      Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

      IvorythumperI Offline
      IvorythumperI Offline
      Ivorythumper
      wrote on last edited by
      #243

      @89th said in The Bitcoin/Crypto Thread:

      @mark said in The Bitcoin/Crypto Thread:

      @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

      In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

      This is fun. Hopefully with a little mad money down the road.

      Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

      How's that SHIB doing?

      I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

      markM 89th8 2 Replies Last reply
      • 89th8 89th

        @mark said in The Bitcoin/Crypto Thread:

        @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

        In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

        This is fun. Hopefully with a little mad money down the road.

        Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

        markM Offline
        markM Offline
        mark
        wrote on last edited by
        #244

        @89th said in The Bitcoin/Crypto Thread:

        Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

        Dreams and and a nice retirement fund, are made of SHIB hitting 0.10! 😉

        1 Reply Last reply
        • IvorythumperI Ivorythumper

          @89th said in The Bitcoin/Crypto Thread:

          @mark said in The Bitcoin/Crypto Thread:

          @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

          In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

          This is fun. Hopefully with a little mad money down the road.

          Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

          How's that SHIB doing?

          I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

          markM Offline
          markM Offline
          mark
          wrote on last edited by
          #245

          @Ivorythumper said in The Bitcoin/Crypto Thread:

          How's that SHIB doing?

          I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

          It's down from all time high by quite a bit. There are things happening that might change that and I am betting a small amount of real money on it. Not enough to be of any consequence, should it go bust.

          1 Reply Last reply
          • IvorythumperI Ivorythumper

            @89th said in The Bitcoin/Crypto Thread:

            @mark said in The Bitcoin/Crypto Thread:

            @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

            In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

            This is fun. Hopefully with a little mad money down the road.

            Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

            How's that SHIB doing?

            I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

            89th8 Offline
            89th8 Offline
            89th
            wrote on last edited by
            #246

            @Ivorythumper said in The Bitcoin/Crypto Thread:

            @89th said in The Bitcoin/Crypto Thread:

            @mark said in The Bitcoin/Crypto Thread:

            @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

            In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

            This is fun. Hopefully with a little mad money down the road.

            Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

            How's that SHIB doing?

            I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

            In terms of missing out, you have not yet. See the last 12 months below. I bought after the 2nd smaller jump (before the big spike), so I'm about net even. Really, the bet here is that SHIB will become another meme coin that Elon tweets about and it goes to the moon like DOGE. Heck, if SHIB went even to $1.00 it would be worth more than the entire country's GDP... so in reality if it can jump to even a penny, that will make many people a lot of money. I own 23 million SHIB so you can do the math if it hits a penny (a dollar would be nicer! lol).

            a6a40e38-4f23-4ec2-a2e4-72f4e220b86d-image.png

            IvorythumperI 1 Reply Last reply
            • X Offline
              X Offline
              xenon
              wrote on last edited by
              #247

              Tulips make so much more sense now.

              taiwan_girlT 1 Reply Last reply
              • 89th8 Offline
                89th8 Offline
                89th
                wrote on last edited by
                #248

                wut

                1 Reply Last reply
                • X Offline
                  X Offline
                  xenon
                  wrote on last edited by
                  #249

                  https://en.wikipedia.org/wiki/Tulip_mania

                  1 Reply Last reply
                  • 89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #250

                    Ah ok, stupid dutch

                    HoraceH 1 Reply Last reply
                    • 89th8 89th

                      Ah ok, stupid dutch

                      HoraceH Online
                      HoraceH Online
                      Horace
                      wrote on last edited by
                      #251

                      @89th said in The Bitcoin/Crypto Thread:

                      Ah ok, stupid dutch

                      lol Holland people are Hollandaise no Dutch stupid loosers lol

                      Education is extremely important.

                      1 Reply Last reply
                      • 89th8 89th

                        @Ivorythumper said in The Bitcoin/Crypto Thread:

                        @89th said in The Bitcoin/Crypto Thread:

                        @mark said in The Bitcoin/Crypto Thread:

                        @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

                        In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

                        This is fun. Hopefully with a little mad money down the road.

                        Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

                        How's that SHIB doing?

                        I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

                        In terms of missing out, you have not yet. See the last 12 months below. I bought after the 2nd smaller jump (before the big spike), so I'm about net even. Really, the bet here is that SHIB will become another meme coin that Elon tweets about and it goes to the moon like DOGE. Heck, if SHIB went even to $1.00 it would be worth more than the entire country's GDP... so in reality if it can jump to even a penny, that will make many people a lot of money. I own 23 million SHIB so you can do the math if it hits a penny (a dollar would be nicer! lol).

                        a6a40e38-4f23-4ec2-a2e4-72f4e220b86d-image.png

                        IvorythumperI Offline
                        IvorythumperI Offline
                        Ivorythumper
                        wrote on last edited by
                        #252

                        @89th

                        @89th said in The Bitcoin/Crypto Thread:

                        @Ivorythumper said in The Bitcoin/Crypto Thread:

                        @89th said in The Bitcoin/Crypto Thread:

                        @mark said in The Bitcoin/Crypto Thread:

                        @89th There is quite a bit of buzz going on about our favorite meme coin. Shiba Inu just did some big deal with the metaverse or something and is projected to hit 0.0001 maybe even .001 by the end of the year. I am going to toss a couple hundred more at it. I currently have 5.8 million coins. I am going to make it 10 million coins maybe even go as high as 30 million. lol It is currently trading at $0.000025. I am dollar cost averaged at $0.000041 so I am down at this point.

                        In the meantime, Monero (XMR) is up 8.03% at $274.98 per coin so my mined efforts went up in value by $12.89 in one day.

                        This is fun. Hopefully with a little mad money down the road.

                        Cool! I bought 4 million SHIB a year or so ago (for like $100?), figured why not... Hopefully I get an alert if it spikes so I can sell it in time, lol.

                        How's that SHIB doing?

                        I first started looking at this thread in Nov 2021, and haven't bought anything ever. Did I miss out, or save my money?

                        In terms of missing out, you have not yet. See the last 12 months below. I bought after the 2nd smaller jump (before the big spike), so I'm about net even. Really, the bet here is that SHIB will become another meme coin that Elon tweets about and it goes to the moon like DOGE. Heck, if SHIB went even to $1.00 it would be worth more than the entire country's GDP... so in reality if it can jump to even a penny, that will make many people a lot of money. I own 23 million SHIB so you can do the math if it hits a penny (a dollar would be nicer! lol).

                        a6a40e38-4f23-4ec2-a2e4-72f4e220b86d-image.png

                        Thanks for the update! I hope it goes up— Luke 23:42.

                        1 Reply Last reply
                        • X xenon

                          Tulips make so much more sense now.

                          taiwan_girlT Offline
                          taiwan_girlT Offline
                          taiwan_girl
                          wrote on last edited by
                          #253

                          @xenon said in The Bitcoin/Crypto Thread:

                          Tulips make so much more sense now.

                          lol i agree

                          1 Reply Last reply
                          • markM Offline
                            markM Offline
                            mark
                            wrote on last edited by
                            #254

                            I started to GPU mine Ethereum a few days ago. It pays out in Bitcoin.

                            Right now I am mining $15 in bitcoin every 18 hours. The electricity cost is about $2 or so. Bitcoin is currently way down from the all time high.

                            At first I only had one GPU mining. The liquid cooled Nvidia RTX 3090 Hybrid was producing $4/day. I then put the AMD 6900XT to work and I am up to $7.50-$8/day.

                            Right now I am doing pretty good reaching the 005 ETH level for payout every 18 hours.

                            I can see the attraction to doing this on a larger scale. lol

                            KlausK 1 Reply Last reply
                            • markM mark

                              I started to GPU mine Ethereum a few days ago. It pays out in Bitcoin.

                              Right now I am mining $15 in bitcoin every 18 hours. The electricity cost is about $2 or so. Bitcoin is currently way down from the all time high.

                              At first I only had one GPU mining. The liquid cooled Nvidia RTX 3090 Hybrid was producing $4/day. I then put the AMD 6900XT to work and I am up to $7.50-$8/day.

                              Right now I am doing pretty good reaching the 005 ETH level for payout every 18 hours.

                              I can see the attraction to doing this on a larger scale. lol

                              KlausK Offline
                              KlausK Offline
                              Klaus
                              wrote on last edited by
                              #255

                              @mark said in The Bitcoin/Crypto Thread:

                              Right now I am mining $15 in bitcoin every 18 hours. The electricity cost is about $2 or so.

                              What is the cost if you factor in the cost of the graphics card (assuming, say, that you'll use them for one or two years)?

                              markM 1 Reply Last reply
                              • KlausK Klaus

                                @mark said in The Bitcoin/Crypto Thread:

                                Right now I am mining $15 in bitcoin every 18 hours. The electricity cost is about $2 or so.

                                What is the cost if you factor in the cost of the graphics card (assuming, say, that you'll use them for one or two years)?

                                markM Offline
                                markM Offline
                                mark
                                wrote on last edited by mark
                                #256

                                @Klaus I use the cards mostly for gaming. Yes, I have to stop mining to play VR Golf and when I want to fly or race.

                                The cards were quite pricey but at this rate, I will "pay them off" (they are already paid for lol) in under 2 years to pay for the original cost of the cards, unless Bitcoin explodes again. 😉

                                1 Reply Last reply
                                • KlausK Offline
                                  KlausK Offline
                                  Klaus
                                  wrote on last edited by
                                  #257

                                  unless Bitcoin explodes again.

                                  I don't think you'd gain much with regard to mining profits if Bitcoin explodes. It would then immediately attract more miners, which would in turn raise the difficulty target for finding nounces.

                                  markM 1 Reply Last reply
                                  • markM Offline
                                    markM Offline
                                    mark
                                    wrote on last edited by
                                    #258

                                    The mining is all experimental for me. But, if I can make some extra mad money, or I might loose some mad money whatever. It is fun learning about the mechanics of it.

                                    1 Reply Last reply
                                    • KlausK Klaus

                                      unless Bitcoin explodes again.

                                      I don't think you'd gain much with regard to mining profits if Bitcoin explodes. It would then immediately attract more miners, which would in turn raise the difficulty target for finding nounces.

                                      markM Offline
                                      markM Offline
                                      mark
                                      wrote on last edited by
                                      #259

                                      @Klaus said in The Bitcoin/Crypto Thread:

                                      unless Bitcoin explodes again.

                                      I don't think you'd gain much with regard to mining profits if Bitcoin explodes. It would then immediately attract more miners, which would in turn raise the difficulty target for finding nounces.

                                      True but the BC I would own, at the time of the explosion would obviously be worth more. If it hits $65k again I would cash out 50% or so but let some ride. Maybe it will hit $150k! lol

                                      1 Reply Last reply
                                      • KlausK Offline
                                        KlausK Offline
                                        Klaus
                                        wrote on last edited by
                                        #260

                                        Well, I'm all for it.

                                        If Bitcoin increases by 100x, I can retire. Is that too much to ask?

                                        HoraceH 1 Reply Last reply
                                        • KlausK Klaus

                                          Well, I'm all for it.

                                          If Bitcoin increases by 100x, I can retire. Is that too much to ask?

                                          HoraceH Online
                                          HoraceH Online
                                          Horace
                                          wrote on last edited by
                                          #261

                                          @Klaus said in The Bitcoin/Crypto Thread:

                                          Well, I'm all for it.

                                          If Bitcoin increases by 100x, I can retire. Is that too much to ask?

                                          No, but it means you have too much of your portfolio wrapped up in bitcoin. 🙂

                                          Education is extremely important.

                                          KlausK 1 Reply Last reply
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