How are they more useful?Originally Posted by Spikey M
How are they more useful?
Because they're actually in use and working. Nobody actually uses Bitcoin.
For example, I'm currently using the Brave Browser which pays me BAT every month for every advert they show me. If I wanted to, I could spend that BAT on certain websites. I could even donate it to this one if SvN signed up for it.
There's loads of Alt-Currencies that do different things. This gives a little overview of some of the biggies:
https://commodity.com/cryptocurrency/
DS is probably the best person to ask though. He knows this shit inside out. I'm a noob.
Last edited by Spikey M; 16-04-2021 at 09:22 AM.
I'll give you 6 BAT to wank me off.
I'm on $HXRO.
James casually offering to wank Taz off there.
I cannot imagine how something like that could ever be done without "crypto".
And yet nobody has.
Is anyone else old enough to remember those advert bars you could download/run on your browser that would pay you by the hour (some insanely nominal amount) back in the dial-up days? Alleverything.com or some such, ah, I was going to have amassed a great fortune by now . . .
There was also NetZero that offered free internet in exchange for a constant banner advert on your browser.
Mate the dudes called "queersamus".
Hippy cunt.
He's right though
The crypto lot take any criticism (environmentally focussed or not) of their sad little coins real bad so they've developed some solid lines to take in regard to them. Do these NFT mongrels even have a defence?
In some perspectives yes.
If the NFT is minted on a BTC or ETH blockchain, then it will use a lot of resources.
If however it is minted on a PoS blockchain, it will use fuck all and will be done in seconds.
Nobody is denying BTC is outdated old, soon to be useless shit. Its Ask Jeeves before Google. Its 1992 Internet. Its power hungry and a piece of shit only worth Its value due to being the first.
Newer, modern, PoS blockchains currencies and systems are the future and this is being proven by the continued growth of them within the crypto world and by institutions.
PoW is outdated shite tech and will be gone within a few years, prob bar BTC. PoS is the future and will cut energy consumption by up to 99%. Even ETH is moving to PoS.
By all means live in your echo chamber but do some research outside of it from time to time.
Making $$$ off crypto mate, give a fuck if some trees die
I assume PoS has a meaning other than piece of shit (my general usage)?
You could definitely see Western governments banning/taxing the fuck out of crypto transactions on spurious environmental grounds.
Proof of Stake. Using validators rather than insane mining set ups to create new nodes/coin.
Bitcoin is Proof of Work, as is ETH. This requires mining rigs to solve complex algorithms to create new nodes/coins.
Give us some tips for the up and coming PoS coins then, big lad
You've missed the main rush, ONE, CHR, LTO, VET etc. I'm currently in FTM but you missed the dip price.
I'm sure if you do some research you can find some projects.
*sucks teeth*
'Well it's a bayonet bulb, you see. It's a two day job just getting that out. And then you've got your dimmer switch...'
Im currently spending £18 a month on M&Ms. What should i be saving my money in?
Doge.
Correction incoming. Don't buy stonks.
Hadn’t realised crypto had exploded again. Checked my accounts and despite debating selling everything I had for like 300-400 last I checked it’s now worth like £2kplus. Means I can actually withdraw the amount I put in back in 2017-2018. Accept my experiment into various alt coins was a monumental failure and move on with my life.
Actually managed to sell my 2 litecoin at a profit and the ethereum I owned was waaaay up. Had I just left it all in eth when I walked away rather than alt coins I’d have about ten times my stake. Annoying.
I transferred about $30 worth of eth onto a physical wallet in 2017. Now worth $500+.
https://www.telegraph.co.uk/technolo...e-fossil-fuel/
Alternatively, every company could just shun it as part of their [bullshit] 'sustainability' gimmicks.
Lol at an Elon Musk putting bitcoin in the bin.
This is the dip to buy in. To the moon. Diamond hands.
Putting shorting to one side, what are the medium to long term investments people are on at the moment?
Nothing right now, the market is a mess with little logic to be found. But, if I were to back anything longterm right now it would be an commodity heavy ETF probably. Not the most exciting but low risk.
Last edited by Spikey M; 13-05-2021 at 09:02 AM.
Have you got any investments on the go then?
And no value in IAG or Easyjet, for example?
There probably is, I know Mellin loves IAG at the moment, but that's short term. Longer term... dunno. Probably OK but airlines do enjoy going bust.
I'm currently all cash but that's mostly because I need it available for the house move and don't want to risk it.
Cheers Spikey.
Maybe I need to understand the accepted timescales of short, medium and long term. What would you say they are?
It's probably subjective, but to me Short term is a swing trade. It needs close monitoring. In at the bottom, out at the top. So short term could be anything from an hour to a month. Depends on the stock and what move you're expecting.
Medium term we're talking months and years.
Long term we're talking decades.
It's definitely subjective. For me short term is anything from 2 minutes to an hour. Medium an hour to a day. Long a day to a month absolute maximum. Depends on your strategy.
Gone cold on IAG for now. Bit of a bearish move today dropping through a lower trendline. Needs good news (travel green light) and then it's a buy. I got out a while back. Bought at 14 and out at 20 I think.
Are we looking at the same IAG Mells?
This is 192 a share: https://www.google.com/search?q=iag+...hrome&ie=UTF-8
And wouldn't it be better to buy it before the travel green light?
If you click on the 5D you can see the downwards trend.
You could buy now and probably make money when it turns around, but there's more money to be made if you wait for consolidation.
Yeah of course. I've been waiting to buy again, but can't get a read on it at the minute so won't trade it. Probably become clearer given time.
And yeah, my bad. 140 and 200.
Does anyone know anything about selling Irish stock in a post Brexit world?
I've got x shares that are currently worth about £12 each, but every institution I speak to is either telling me they can't sell them (as they're Irish stock) or I have to do it by post. If I do it by post the price may have dipped unfavourably by the time the trade is executed and seemingly there is no way I can set an instruction limit either.
I can message the other side of the planet in milli-seconds, but can only sell Irish stock by carrier pigeon. There must be a way, surely?
Has anyone else noticed the inflation starting to bleed through into things? Supermarkets not so much except for petrol, but restaurants, butchers, independent shops, etc. all seem to have stuck ten/twenty per cent on things.
Yep. It’s rife everywhere. Whether it’s genuine input inflation being passed on or businesses just chancing it.
Another thing we have to thank SCIENCE for.
Yeah, some of it might just be passing the kung flu compliance costs on. My last two haircuts went from eleven to fourteen quid in the space of a few months, but that can't be all down to losing a bit of walk-in business.
People need hair cuts, and when the normal course of business is disrupted, they can basically charge what they want. There's a barbers down the road from me that I use, that's gone from 10 to 15 quid.
I can afford it and I don't begrudge them doing it too much as a result, but for millions of people on the poverty line/those who've lost their job, it must be an absolute nightmare.
The SCIENCE, of course, doesn't take any of this into account.
Could of course be BREXIT and not having enough lorry drivers to deliver the goods.
Should have gone bald you hairy nonces.
At a barbers?
Shampoo costs.
Pints in London are starting at £6 everywhere now which is a jump of about 50p to £1 from pre covid.
Some places in Belfast are charging about 6 quid a pint. We've got shite licensing laws here though so it's impossible to get a new license. You have to buy one off another place that's closed down or whatever. So the pubs in the city centre (loads of them owned by one of a handful of hospitality business groups) basically run a fucking cartel.
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