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The Bitcoin/Crypto Thread

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  • H Online
    H Online
    Horace
    wrote on 16 Apr 2022, 23:02 last edited by
    #236

    Who won the Best Simple Crypto Explanation of the Thread award?

    Education is extremely important.

    8 1 Reply Last reply 18 Apr 2022, 11:02
    • H Horace
      16 Apr 2022, 23:02

      Who won the Best Simple Crypto Explanation of the Thread award?

      8 Offline
      8 Offline
      89th
      wrote on 18 Apr 2022, 11:02 last edited by
      #237

      @Horace said in The Bitcoin/Crypto Thread:

      Who won the Best Simple Crypto Explanation of the Thread award?

      @Copper had he replied with his "idiots" reply, but he didn't, so I give it to @Klaus

      1 Reply Last reply
      • M Offline
        M Offline
        mark
        wrote on 19 Apr 2022, 11:18 last edited by
        #238

        4 days in and I got my first ever mined crypto! It's currently worth $164.30 That's 50% of last month's electricity bill. Go go miner! lol

        Monero (XMR) is up 6.8% at $254.73 per coin.

        FirstMinedMonero.png

        This is exciting.

        1 Reply Last reply
        • 8 Offline
          8 Offline
          89th
          wrote on 19 Apr 2022, 14:26 last edited by
          #239

          Awesome!! I went onto coinbase to buy some to support you LOL, but it's not supported on coinbase yet.

          M 2 Replies Last reply 19 Apr 2022, 16:10
          • 8 89th
            19 Apr 2022, 14:26

            Awesome!! I went onto coinbase to buy some to support you LOL, but it's not supported on coinbase yet.

            M Offline
            M Offline
            mark
            wrote on 19 Apr 2022, 16:10 last edited by mark
            #240

            @89th Thanks! It's like having a profitable employee that never sleeps and only has to be fed electricity. lol

            I now have a total of 44 cores/threads (28 threads on my gaming rig and 16 threads on my workstation) mining 24/7 into the same wallet account.

            It would be nice to be able to trade it on coinbase, but you have to convert it to another crypto to do that. Still a little ignorant on the way to cash out. I will figure it out but I want to let this little piggy bank fill up with coins right now. It would be very nice to have a few hundred of them if Monero hits $1,000.

            My coinbase account is not doing as well as I would have liked. I am down about $180. lol The mining balanced that. Tempted to buy some more SHIB it's half what I bought $100 worth the first time last year. Might dollar cost average another couple million shares or so. lol

            1 Reply Last reply
            • 8 89th
              19 Apr 2022, 14:26

              Awesome!! I went onto coinbase to buy some to support you LOL, but it's not supported on coinbase yet.

              M Offline
              M Offline
              mark
              wrote on 21 Apr 2022, 01:19 last edited by
              #241

              @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.

              8 1 Reply Last reply 21 Apr 2022, 11:36
              • M mark
                21 Apr 2022, 01:19

                @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.

                8 Offline
                8 Offline
                89th
                wrote on 21 Apr 2022, 11:36 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.

                I M 2 Replies Last reply 21 Apr 2022, 15:07
                • 8 89th
                  21 Apr 2022, 11:36

                  @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.

                  I Offline
                  I Offline
                  Ivorythumper
                  wrote on 21 Apr 2022, 15:07 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?

                  M 8 2 Replies Last reply 21 Apr 2022, 15:45
                  • 8 89th
                    21 Apr 2022, 11:36

                    @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.

                    M Offline
                    M Offline
                    mark
                    wrote on 21 Apr 2022, 15:43 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
                    • I Ivorythumper
                      21 Apr 2022, 15:07

                      @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?

                      M Offline
                      M Offline
                      mark
                      wrote on 21 Apr 2022, 15:45 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
                      • I Ivorythumper
                        21 Apr 2022, 15:07

                        @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?

                        8 Offline
                        8 Offline
                        89th
                        wrote on 21 Apr 2022, 16:19 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

                        I 1 Reply Last reply 22 Apr 2022, 13:54
                        • X Offline
                          X Offline
                          xenon
                          wrote on 21 Apr 2022, 16:23 last edited by
                          #247

                          Tulips make so much more sense now.

                          T 1 Reply Last reply 25 Apr 2022, 18:03
                          • 8 Offline
                            8 Offline
                            89th
                            wrote on 21 Apr 2022, 16:34 last edited by
                            #248

                            wut

                            1 Reply Last reply
                            • X Offline
                              X Offline
                              xenon
                              wrote on 21 Apr 2022, 16:36 last edited by
                              #249

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

                              1 Reply Last reply
                              • 8 Offline
                                8 Offline
                                89th
                                wrote on 21 Apr 2022, 17:04 last edited by
                                #250

                                Ah ok, stupid dutch

                                H 1 Reply Last reply 21 Apr 2022, 17:14
                                • 8 89th
                                  21 Apr 2022, 17:04

                                  Ah ok, stupid dutch

                                  H Online
                                  H Online
                                  Horace
                                  wrote on 21 Apr 2022, 17:14 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
                                  • 8 89th
                                    21 Apr 2022, 16:19

                                    @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

                                    I Offline
                                    I Offline
                                    Ivorythumper
                                    wrote on 22 Apr 2022, 13:54 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
                                      21 Apr 2022, 16:23

                                      Tulips make so much more sense now.

                                      T Offline
                                      T Offline
                                      taiwan_girl
                                      wrote on 25 Apr 2022, 18:03 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
                                      • M Offline
                                        M Offline
                                        mark
                                        wrote on 2 May 2022, 16:13 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 2 May 2022, 16:17
                                        • M mark
                                          2 May 2022, 16:13

                                          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 2 May 2022, 16:17 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)?

                                          M 1 Reply Last reply 2 May 2022, 16:21
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