patrick.net

G36 says

Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations

Wasn't Chernobyl in Ukraine?

Bitcoin is very wasteful of energy

NEW: Study reveals Bitcoin's electricity consumption is underestimated and finds the network "represents close to half of the current global data centre electricity use" (August 2020).

Forgot link
https://digiconomist.net/bitcoin-energy-consumption
As you can see crypto is extremely wasteful and not environmentally friendly.

WookieMan says

You're not one or don't know Eastern Europeans at all. lol. Nuclear power plant.... hysterical really.

Not sure I understand the "hysterical" part: there is actually a shitload of nuclear power plants in EE.

FuckCCP89 says

shitload of nuclear power plants in EE

And it turns out, Chernobyl wasn't the disaster it was made out to be.

I'm all for nukes. But let's not waste the energy on crypto.

Onvacation says

let's not waste the energy on crypto.

Amen and awoman.

FuckCCP89 says

WookieMan says

You're not one or don't know Eastern Europeans at all. lol. Nuclear power plant.... hysterical really.

Not sure I understand the "hysterical" part: there is actually a shitload of nuclear power plants in EE.

speaking of hysterical..... isnt WookieMan the guy who predicted Bitcoin to be at 1,200 dollars? That one is always good for a laugh.

Hey @WookieMan, check out google.....Bitcoin is trading above 30k! :D

FuckCCP89 says

Not sure I understand the "hysterical" part: there is actually a shitload of nuclear power plants in EE.

Fully aware. I'm sure the nuke plants are all above board too... That was kind of my point. Being 2 generations removed and dealing with them frequently, they're not the most honest people. That's all. But neither are crypto bugs, so maybe it's a marriage made in heaven?

WookieMan says

Being 2 generations removed

@WookieMan You have ancestry from Eastern Europe too?

Patrick says

WookieMan says

Being 2 generations removed

@WookieMan You have ancestry from Eastern Europe too?

Yes. I'm not super interested in it to be honest, but I believe my grandfather came over from Poland. May have been great grandfather. My grandma was already here. So my personal mutt mix has some Lithuanian and I also believe a touch of Irish as well. I'd have to ask my sister as I think she did one of those Ancestry or 23 and me (can't remember what it's called) tests.

My experience with most Eastern Euros was through my parents business when I'd give them some help on weekends. Some were really great people and nice for sure. I don't want to give the business away so as to not dox myself, but it wasn't a bar. Most of them simply don't listen or follow rules though. Lots of frustrations when there were big groups and the occasional call to the police. I find that they will push everything to the limit and are either stupid or play the role of stupid as an act extremely well.

I've also worked with Ukranian mafia in Chicago real estate. It's been 10 years now or so since I've seen the guy and his son. They had to be top 3 in however their organization works in the mob, at least for the region. Maybe top. I'm sure there were still higher ups back in Ukraine funneling them cash as well.

They were building completely decked out condos in average neighborhoods. There was almost no way they were turning a profit, even buying some of the finishes at discount. I never witnessed it my self, but there was almost certainly mortgage fraud rampant. When all the buyers of dozens (that we knew about) of condos were all 24 year Ukranian dudes that look like they cannot even read or write, something is up. I think most would buy and just stop making payments and would get a kickback for doing so. Probably some sort of laundering scheme for sure.

All groups can be sketchy for sure from anywhere in the world obviously. I've just experienced some shady people from Eastern Europe and Russia as well. Polish seem to be the best of that group, but I've still experienced some bad apples from there as well.

Mmmm Pizza!

Onvacation says

And this is why nobody use bitcoins to buy anything ever again.

Eric Holder says

Onvacation says

And this is why nobody use bitcoins to buy anything ever again.

How do you hodle bitcoin?

But seriously, conservative meme makers need to get their grammar and spelling exactly correct for maximum impact.

Leftists find memes much easier to dismiss if the leftist can feel good about finding a spelling error in it. Their whole life is about resentment for being middle school losers, and how they think they compensated by being better students.

You HODL by not selling, you hold on for dear life. It basically means, that you dont panic sell during dips.....you add more and buy the dip. HODL=SMART INVESTING

Patrick says

How do you hodle bitcoin?

Hold On for Dear Life!

There are a horde of (future) bitcoin millionaires that are never going to sell until they reach the price point they know it will one day go to (moon shot).

HODLers keep the price high because all of the new incoming "coins" come mostly from the miners. When a couple million "retail" retail buyers spend $20 a piece at the "crypto kiosk" at their local liquor store the price per coin is bid up considerably. It's like a lottery ticket.

Some fools accumulate with no intention of ever selling until the price in "fiat" meets some exponential multiple of what they "bought in" for. Them is they that "HODL".

"miners"

It's a Ponzi scam by definition. The only way to get your money out id for the greater fool to put their money in. No assets. No cash reserves. No dividends. All incoming money consumed by the miners to buy electricity, hardware, food, shelter, etc. If you want to sell someone has to buy.

Fortunately for the unscrupulous trader that doesn't care about who it hurts or the environmental damage caused by bitcoin, there are a lot of fools.

Lose the password to your wallet and no pizza!

Onvacation says

Lose the password to your wallet and no pizza!

Don't even need to lose the password. No one accepts BTC as a currency. Gotta pay $$$ for the pizza. That's not ever changing.

Dont bother buying pizza with your precious digital gold coins! Buy real estate/Pay off mortgages

G36 says

mortgages

What is that? You still have one? Lol. Point proven. You don't have any crypto. Ass shown as usual.

WookieMan says

G36 says

mortgages

What is that?

Renters in IL wouldnt know

G36 says

Renters in IL wouldnt know

G36 says

Buy real estate/Pay off mortgages

The gift that keeps on giving.

Since you have a mortgage to pay off, I now get that you cannot travel. I'm sorry for pestering the topic. My apologies. May you one day be able to enjoy life.

WookieMan says

G36 says

Renters in IL wouldnt know

I bet if you keep trading those 100shares of LUV into BTC, you will have enough for a downpayment (soon). I hear IL is pretty cheap compared to nice places like SoCal.

So no travel? I totally get how that could be miserable. I feel for ya. You'd figure the crypto turned out for you so you'd be wealthy and could do whatever you'd want. I guess not. Can't answer a question. Where did you travel last?

WookieMan says

So no travel?

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)



low 70's the next few days.....gonna do some MTB'ing and hiking with the doggy.

G36 says

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)

Naive. Figured as much. I don't shovel, I have people for that.

Fun part is I pay 1/10th of what you do and I don't live under a Nazi regime AND I make more. 70's is not that nice. I'll take 80's and boating around St. Thomas and St. John over riding a bike. I mean my kids might like that, not my cup of tea. Adults gotta adult, lol.

WookieMan says

G36 says

I live where others do vacation. Those "others" are usually peeps who live in IL and are tired of shoveling snow.....not everyone can afford the sunshine tax :)

Naive.

Don't be jealous. And don't beat yourself up over it. Start investing and:

G36 says

Don't be jealous

Huh? Jealous of what? I'd hit 13% income tax in CA and have to buy a $2M+ house to even come close to my life in IL. Not worth it for some sunny 70's and some bike riding. I'm not 12.

You clearly like burning cash. Honestly a lot of people on this site like burning through a fuck ton of cash to live in CA. I'll live a better life currently, I'll live a better life in early retirement, heck I'll just live a better life. Enjoy CA until you're 70. I'll be in the Caribbean by 48 and retired.

Where have you vacationed though? Or do you just mountain bike? Sounds miserable.

WookieMan says

G36 says

Don't be jealous

Jealous.

This might be the ultimate trigger for him....2 things @WookieMan doesnt have:

G36 says

This might be the ultimate trigger for him....2 things @WookieMan doesnt have:

One thing you don't... lol. You'll learn.

G36 says

Dont bother buying pizza with your precious digital gold coins! Buy real estate/Pay off mortgages

What's your moon shot price when you cash in and buy some REAL estate?

Enjoy. I've got more. This is all during covid and I've got more. I'm sure Socal is so great. I've been there. I've been to better. Enjoy biking though.

Super bad time at the Westin St. John. Boat with the tallest mast in the middle, Epstein island in the background.

Where did you travel again? Or did you just mountain bike?