Random Questions: Have A Baby By Me, Baby Be A Millionaire! The BitCoin/LiteCoin Thread


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Dee
Dee avatar

12052 posts since 22/11/07

10 Feb 2021 23:23
Thoughts on ADA-Cardano?

First crypto I've gone with (threw my hat in with some dot and link too), making some decent gains.
eazypz
eazypz avatar

3409 posts since 16/4/10

11 Feb 2021 00:02
Stick with it mate, got a fair bit on it and its flown recently.
Gogeun network going live in March, plus they've got loads of deals in the wings.

Reckon it'll go to $1 in the next couple of days.
swede
swede avatar

9967 posts since 21/3/09

11 Feb 2021 08:05
everyone's a genius in a bull market
Dreep
Dreep avatar

1696 posts since 29/7/08

11 Feb 2021 08:13
Dreep wrote: GRT coin when it dips to 0.2 and hodl for aslong as possible.

Wish I took my own advice ffs Sad paper hands. Got on at 0.15 and had few hundred worth, gutted now, can see it getting much higher over the next few years.
RickRude
RickRude avatar

3927 posts since 13/1/12

11 Feb 2021 10:05
Dee wrote: Thoughts on ADA-Cardano?

First crypto I've gone with (threw my hat in with some dot and link too), making some decent gains.

I asked on here before as dropped some money when it was at $0.17
sydneyking
sydneyking avatar

5086 posts since 26/9/09

11 Feb 2021 10:33
Nice
Ocin
Ocin avatar

1398 posts since 4/6/04

posted 14 Feb 2021 12:35, edited 14 Feb 2021 12:35
I've gone big on KR1 in the last week, up over 50% so far. Very happy. One of the reasons I'd not invested in coins specifically is the inability to hold in my ISA, especially with likely tax changes incoming on investment gains in the budget.

KR1 is essentially a blockchain ETF/fund supporting early stage blockchain and DeFi projects. I trade with ii and had to call them to buy. The day after I bought, it listed in the US and the price shot up. A good hedge against ARGO blockchain IMO.

The company is explained well here: https://www.youtube.com/watch?v=xa5HHVDV1po&feature;=emb_title&ab;_channel=BLONITY

https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/
RickRude
RickRude avatar

3927 posts since 13/1/12

posted 22 Feb 2021 11:05, edited 22 Feb 2021 11:05
Got involved in Mandala (MDX) - used some ETH to trade a nominal amount. See you on the moon lads Laughing out loud Laughing out loud

Rez
Rez avatar

8732 posts since 5/4/09

22 Feb 2021 11:27
been brought up in the other thread, but does anyone have any reservations about the environmental impact of crypto?

https://cbeci.org/cbeci/comparisons

this study in particular ^^^
mtthrvy2
mtthrvy2 avatar

1969 posts since 8/11/10

22 Feb 2021 11:50
yeah bitcoin is not great for environment due to its nature of progressively getting harder to mine (proof of work). It will also never be used for daily transactions unless the fees come right down to pence rather than pounds.

Things like Nano may solve both issues as it is proof of stake rather than proof of work which has a much smaller environmental impact and there are zero fees. There is a lot of competition and most shit coins will die as soon as the bull run ends.
Rez
Rez avatar

8732 posts since 5/4/09

22 Feb 2021 11:54
that's interesting i'll have a read about Nano.

I always remember this tweet when thinking about crypto Laughing out loud

TCB
TCB avatar

4833 posts since 5/7/11

22 Feb 2021 11:57
^ that is brilliant.
thearm
thearm avatar

53 posts since 17/9/19

22 Feb 2021 12:22
https://mobile.twitter.com/yassineARK/status/1360343382556483587

Bitcoin’s energy consumption is trivial compared to legacy financial systems. As measured by electricity costs alone, Bitcoin is much more efficient than traditional banking and gold mining on a global scale.

I think bitcoin will prove to be more and more "green" as time goes on. Think of the ways we can use renewable energy sources to mine btc that would normally be wasted because they are too far away from human settlement (remote waterfalls for example).

Also instead of flaring or venting natural gas (very bad for the environment and a waste) that gas can be converted directly on site and be used for mining btc.
eazypz
eazypz avatar

3409 posts since 16/4/10

22 Feb 2021 12:32
RickRude wrote: Got involved in Mandala (MDX) - used some ETH to trade a nominal amount. See you on the moon lads Laughing out loud Laughing out loud

First time I've heard of this, any reason why you've gone for it?

Another drop in the market at the moment, top up your ADA.
Rez
Rez avatar

8732 posts since 5/4/09

22 Feb 2021 13:00
thearm wrote: https://mobile.twitter.com/yassineARK/status/1360343382556483587

Bitcoin’s energy consumption is trivial compared to legacy financial systems. As measured by electricity costs alone, Bitcoin is much more efficient than traditional banking and gold mining on a global scale.

I think bitcoin will prove to be more and more "green" as time goes on. Think of the ways we can use renewable energy sources to mine btc that would normally be wasted because they are too far away from human settlement (remote waterfalls for example).

Also instead of flaring or venting natural gas (very bad for the environment and a waste) that gas can be converted directly on site and be used for mining btc.

…citation needed? forgive me if i don't believe the words of a crypto analyst with zero data. Also seems very naive to talk about how these impacts can be mitigated…who is going to build these huge infrastructure projects to mine bitcoin using renewable energy sources (that aren't yet in place).
deuce
deuce avatar

14067 posts since 21/1/08

22 Feb 2021 14:29
Rez wrote: been brought up in the other thread, but does anyone have any reservations about the environmental impact of crypto?

more worried about the environmental impact of my lamboooooooooooooos
Rez
Rez avatar

8732 posts since 5/4/09

22 Feb 2021 14:32
willesdengreen
willesdengreen avatar

649 posts since 10/6/10

22 Feb 2021 16:00
… looking choppy today

managed to get in on more eth at around £1100, hopefully bought near the bottom of the dip but it's not looking super stable yet
mtthrvy2
mtthrvy2 avatar

1969 posts since 8/11/10

22 Feb 2021 17:42
so much is being built on eth that I can see it being one of the best bets, however until 2.0 comes it seems completely broke at the moment with gas fees? what am I missing?
Razorlight123
Razorlight123 avatar

5018 posts since 13/1/10

22 Feb 2021 19:32
If you've not joined already, get on the 'Pi Network' in order to mine (it doesn't use any of your resources).

Might be worth a few $ in near future.

https://minepi.com/Razorlight and use my username (Razorlight) as your invitation code.