BITCOIN CAUSES GLOBAL WARMING

Bitcoin to me looks like it is about to get pounded, like they are hanging it in this zone forever and will knock the crap out of it. The rallies are short lived, volume is bad, supply keeps growing.

Lets see if it holds those lows from a few months ago.

Looks like today was the day for the beat down. I think it is still barely above the lows made a while back in that 5600 range? Lets see how it goes.

3800ish. average global temp drop 3 straight years now more proof

3600, buy the dip. dollar collapsing. only half a year left i imagine. u can spare 100 bucks a month if you had to

i think we we very close to the bottom. anyone else making sweet profits?

Hawky¡­.congrats on Bitcoin. It looks like you nailed the bottom. I suppose, if you read the Bitcoin threads here, you know I'm not convinced on long term gains from these levels at 10k or above. It seems that even the people that have made a fortune on it, like yourself, are conflicted in what its usage looks like in the long term future. Is it a currency? Is it a safe haven like gold? Is it a stock like asset/security? 

For me, it fails on all counts. It's too volatile to be a reliable currency or safe haven and it's transaction fees make it far inferior to cash or credit card and debit card transactions. If fails to pay a dividend or provide a stream of future earnings independent of speculative price appreciation, so it fails on all counts.

With the current landscape of regulatory pressure from countries all over the world, Bitcoin remains what it has always been...a speculative investment which will depend on someone paying more for it than the person before them. 

As far as causing global warming? Global warming started way prior to bitcoin.....but it undoubtedly is contributing as it consumes energy. 

LOL The one thing that does not cause global warming.

The mining contributes to the global warming, not that big as what industrial factories do and burning of fossil fuels but still contributes to the global warming.

have fun staying poor

@keys3r

 u dont have a clue. the future of oilfield is bitcoin mining

https://unchained-capital.com/blog/bitcoin-does-not-waste-energy/

suck on my big ass numbers yaaaaallll. so here we are. bitcoin is bad for the environment again, at 44k. nice little pull back from 75k canadian woooooop. any doubters left? speak up now i cant hear u way down there

@gambleholic63

 '

Is it a currency? Is it a safe haven like gold? Is it a stock like asset/security? 

For me, it fails on all counts. It's too volatile to be a reliable currency or safe haven and it's transaction fees make it far inferior to cash or credit card and debit card transactions. If fails to pay a dividend or provide a stream of future earnings independent of speculative price appreciation, so it fails on all counts.

With the current landscape of regulatory pressure from countries all over the world, Bitcoin remains what it has always been...a speculative investment which will depend on someone paying more for it than the person before them.' 

imagine all of the other bad ideas this person has, and has had over the past few years. i hope this person hasnt reproduced..

@Hawky

 gd job we shall be blessed....

Looks salty to me with no regulation, I¡¯ll    

@Hawky

 And what if Oilcoin was designed to mitigate the risks of other tethered digital tokens? 

u guys are still questioning it. everything else is a scam, sell everything u have, coins, bullion, hockey cards, everything u thought might have some sort of value. it's the cleanest, safest, fastest growing thing in our lifetimes and people look at it confused like there has to be a gimmick. ur savings and pensions just lost 65% of purchasing power. they're printing trillions every week now. it's only going to go up