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  #541  
Old 02-08-2021, 10:38 PM
Louis Louis is offline
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Quote:
Originally Posted by harlond View Post
What is the resource that bitcoin has a finite amount of?
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Originally Posted by tkbike View Post
What is this resource you are talking about?
They could change the rules, but as currently written:

https://en.wikipedia.org/wiki/Bitcoin#Supply
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  #542  
Old 02-09-2021, 12:55 AM
54ny77 54ny77 is online now
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I am looking for some cosmetic dentistry in Uzbekistan. Do you know of a good practitioner by chance?

Quote:
Originally Posted by Millses View Post
What do you guys think about investing in bitcoin nowadays?! Honestly, I really think that it is probably the worst time to be investing in it. I mean, what is the point of investing, what is the main meaning actually?! Investing a (relative) small amount of money, and by time, the sum will increase more and more and more. Taking into consideration the price of bitcoin right now, there is no point in order to invest in it. Right now, I am more into property investment, as this is actually the most reliable and stable market in there. Someone recommended me this company 1031 exchange saying that they offer some unique services in terms of real estate investment, I guess I will go for it.
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  #543  
Old 02-09-2021, 02:43 PM
harlond harlond is offline
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Originally Posted by Louis View Post
They could change the rules, but as currently written:

https://en.wikipedia.org/wiki/Bitcoin#Supply
Thank you for the reference. I read that, and if I'm understanding it correctly, the resource that bitcoin has a finite supply of is bitcoin.
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  #544  
Old 02-11-2021, 09:06 AM
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I guess it's only a short time before it hits 50,000. Now BNY Mellon says that it will offer Bitcoin services: https://www.cnbc.com/2021/02/11/bny-...al-system.html.

By the way, I just saw this regarding energy consumption:

https://www.cnbc.com/2021/02/05/bitc...footprint.html

Quote:
Bitcoin has a carbon footprint comparable to that of New Zealand, producing 36.95 megatons of CO2 annually, according to Digiconomist’s Bitcoin Energy Consumption Index, an online tool created by data scientist Alex de Vries. It consumes as much power as Chile — around 77.78 TWh — according to Digonomist’s estimates.

The Cambridge Bitcoin Electricity Consumption Index, a separate tool from researchers at Cambridge University, shows a much larger figure of 110.53 TWh — more than the entire annual energy consumption of the Netherlands.
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  #545  
Old 02-16-2021, 08:00 AM
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50,000

51,000

.
Last edited by Tony T; 02-17-2021 at 07:17 AM.
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  #546  
Old 02-17-2021, 03:46 PM
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I got Chinese food today and the fortune in my fortune cookie says, "go for the gold today! You will be the champion of whatever."

what do you think? Time to buy or wait for a correction
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  #547  
Old 02-17-2021, 04:01 PM
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  #548  
Old 02-17-2021, 04:01 PM
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Quote:
Originally Posted by redir View Post
I got Chinese food today and the fortune in my fortune cookie says, "go for the gold today! You will be the champion of whatever."

what do you think? Time to buy or wait for a correction
Coins or bars?
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  #549  
Old 02-17-2021, 04:46 PM
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Coins or bars?
Coins. I don't have much interest in bars.
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  #550  
Old 02-19-2021, 09:58 AM
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53,000
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54,000
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55,000
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56,000
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Last edited by Tony T; 02-19-2021 at 06:44 PM.
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  #551  
Old 02-19-2021, 03:59 PM
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How long before it hits 100,000? It was at 29,761 on Jan. 27.

https://www.cnbc.com/2021/02/19/bitc...continues.html

Quote:
The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk...

Market value is calculated by multiplying the price of bitcoin by the number created. While not a perfect comparison, the $1 trillion market value would make bitcoin’s value greater than all but a handful of the world’s stocks. Tesla, for instance, has a market cap of around $700 billion, while Apple is valued at more than $2 trillion...
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Last edited by fiamme red; 02-19-2021 at 04:13 PM.
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  #552  
Old 02-19-2021, 04:10 PM
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When this thread was stated, Bitcoin was under 100
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  #553  
Old 02-19-2021, 04:12 PM
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Originally Posted by Tony T View Post
When this thread was stated, Bitcoin was under 100
we could all be millionaires and have all the over priced bikes
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  #554  
Old 02-20-2021, 10:05 AM
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  #555  
Old 02-20-2021, 02:32 PM
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When this thread was stated, Bitcoin was under 100
That's just incredible... Oh and... Damn it!
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