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Two-thirds of bitcoin production is done out of China. More than half of China’s energy output comes from coal, so the bitcoin production is likely to be particularly dirty.
This crap must be shutdown before burning this planet.
Or are you going to just keep mindlessly pumping?
Ultimately it’s just a matter of opinion as to whether the existence of a non-state, synthetic monetary commodity is a good idea.
You and woodie will be saying the same thing no matter how high the price of Crypto goes....
At the same time everyone on the forum will see what fools you have made of yourselves because you really know nothing about the subject
except what you pull out of your asses for years chew and spit out ...
I'll let price poo all over your asshole opinions
3 countries host over 50% of the world’s Bitcoin nodes
https://thenextweb.com/hardfork/2019/02/27/3-countries-50-perecent-bitcoin-network/
The US leads the pack with over 2,625 nodes, followed by Germany and France with 2016 and 698 respectively.
Incredibly, these three countries are responsible for over 50 percent of all operational Bitcoin nodes.
Every time the price goes up they are kicking themselves for not getting in...
Cash saysUltimately it’s just a matter of opinion as to whether the existence of a non-state, synthetic monetary commodity is a good idea.
OK.
It's my opinion that bitcoin is a ponzi scheme where all the incoming money goes to the miners and the only way to get your money out is to find someone to buy your coin; the greater fool theory.
Tell me why I am wrong?
people have been mining gold since forever
. It has intrinsic value as a decentralized form of payment, potentially anonymous and tamper-proof.
It may well drop from whatever high it will reach and not recover but by then plenty of early adopters will have made plenty of money and those arriving late will be the bagholders
mell says. It has intrinsic value as a decentralized form of payment, potentially anonymous and tamper-proof.
Wouldn't that be extrinsic value?
Bitcoin has as much intrinsic value as the paper dollar it's valued in.
it depends on others having a use for the raw material similar to others having a use for the bitcoin.
it's just one part of the asset basket mix, a more speculative and volatile than gold or land
mell saysit depends on others having a use for the raw material similar to others having a use for the bitcoin.
What are the uses of bitcoin? Paying off ransoms? Laundering money? Hoping that someone, someday, will pay a lot more than you did?
Onvacation saysmell saysOnvacation saysit depends on others having a use for the raw material similar to others having a use for the bitcoin.
What are the uses of bitcoin?mell saysit depends on others having a use for the raw material similar to others having a use for the bitcoin.
What are the uses of bitcoin?
Just take a look. Its digital gold. Obviously!
Tell us more about "market cap".
a good idea
Wow! The mooch had a good idea! invested 182M into Bitcoin! Smart man!
@Blue, why dont you start? If you get all these institutions to invest in your crypto, I might invest in it too.
Wake us up when you had some success. good luck!
the market cap is bigger
Market capitalization of Toyota (TM) Market cap: $209.03 B As of December 2020 Toyota has a market cap of $209.03 B.This makes Toyota the world's 38th most valuable company. If you own a share of Toyota you own a piece of Toyota's assets.
What do you own when you own a bitcoin?
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https://www.vox.com/2018/4/24/17275202/bitcoin-scam-cryptocurrency-mining-pump-dump-fraud-ico-value