Crypto Currency Thread (Vol.2)
Discussion
tertius said:
Condi said:
Bitcoin mining is currently using about 13GW according to Cambridge Uni, about 40% of the current GB national demand. If you look at their map of where mining is taking place, you can see that the areas of highest mining are in China and the USA, with the most European mining done in German.
Assuming that meant to say Germany I find that very hard to believe. Electricity prices in Germany would make it quite uneconomic to do that.So you clearly can't draw much in the way of a conclusion about what the location shown on the map means for the energy source used for mining.
Ari said:
WY86 said:
Again blanketing all crypto projects just because you see no value in Bitcoin just sums you up, why don't you actually go look at some projects other than just think it is all a big pyrmid scheme. Also if it is a big pyrmid scheme i would rather be in at the start and make money rather than getting in last... but hey
What on earth makes you think that you are 'in at the start'? 
The smart money has already been made and has long since sold out, it's just people scrabbling around trying to emulate them now.
Oh well, hope you don't 'loose' too much money.
r3g said:
Good share Gary, thanks. A couple of people in this thread will be salivating with glee when they see that. Get ready for another 10 pages.
He generally does some good videos and has been quite sceptical about Tether in the past. We've been talking about the house of cards for years but it has stayed standing a lot longer than people expected - much to their disappointment.
Ari said:
Why do you think that people will be 'salivating with glee'?
Fairly obvious to outsiders looking in. There are a handful of regular commenters here who have no interest in crypto but take great delight in crawling out from under their respective bridges whenever the crypto markets take a bath to say "TOLD YOU SO!!!!!!!!! IT'S GOING TO ZERO!!!! nO iNtRiNsIc VaLuE!!!!! tUlIPs!!!!!!!" and so Tether collapsing would be like all their birthday's and christmas's coming at once.r3g said:
Fairly obvious to outsiders looking in. There are a handful of regular commenters here who have no interest in crypto but take great delight in crawling out from under their respective bridges whenever the crypto markets take a bath to say "TOLD YOU SO!!!!!!!!! IT'S GOING TO ZERO!!!! nO iNtRiNsIc VaLuE!!!!! tUlIPs!!!!!!!" and so Tether collapsing would be like all their birthday's and christmas's coming at once.
How do you know, you've only been here a month. 
r3g said:
Fairly obvious to outsiders looking in. There are a handful of regular commenters here who have no interest in crypto but take great delight in crawling out from under their respective bridges whenever the crypto markets take a bath to say "TOLD YOU SO!!!!!!!!! IT'S GOING TO ZERO!!!! nO iNtRiNsIc VaLuE!!!!! tUlIPs!!!!!!!" and so Tether collapsing would be like all their birthday's and christmas's coming at once.
All that matter is your happy with your investments, never listen to faceless strangers on the internet.
Condi said:
Never had more than £500 in Cardano. Had a lot in LTC, ETH, BCH, BTC and LINK a couple of years ago, and did very well from BNB, MATIC and Safemoon but all those are sold now and I've been purely in DeFi degen stuff for some time, except what I need in ETH, BNB, AVAX and MATIC to trade with. I sold at a considerable loss with LTC (thanks JRNY.. ) but would have been even worse now if I'd held onto it. Same story with LINK too. Lesson learned : don't trust the opinion of random youtubers with vested interests.Add Chainlink, XRP, PolkaDot or any of the "Google are going to use it honest, I know a guy who works in their top secret crypto team" s
tcoins that are hyped to hell, and then eventually fizzle out to be worth nothing.
Surprised about Cardano though, after all they did have Gene Simmons from Kiss saying "The Kiss bassist and frontman has stated that he believes in cardano thanks to its affordability compared with other cryptocurrencies, "
Well that is all that matters then, affordability compared to all the other cryptos.
All of it is a load of old ste.
tcoins that are hyped to hell, and then eventually fizzle out to be worth nothing.Surprised about Cardano though, after all they did have Gene Simmons from Kiss saying "The Kiss bassist and frontman has stated that he believes in cardano thanks to its affordability compared with other cryptocurrencies, "
Well that is all that matters then, affordability compared to all the other cryptos.
All of it is a load of old s
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