Supine
Newt Member
Change dealer? Heaven forbid!
Local grown i get hasn’t gone up. And luckily didn’t even dry up during the pandemic
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Change dealer? Heaven forbid!
Local grown i get hasn’t gone up. And luckily didn’t even dry up during the pandemic
King Biscuit Time
Well-Known Member
Yeah, it needs to be stable for Ketamine.
mod
A modernist
mod
A modernist
I noticed this when buying hash recently. They accepted Bitcoin or monero. I'd not heard of it before and only just looked into it now. Interesting cheers.
Ranbay
The same rules apply
Weed with cash has been £20/8th for at least thirty years
1 Oz coke currently £1,000 online or £80a g local
BigTom
Well-Known Member
Another day, another theft in crypto land:
www.cnbc.com
$100m from Horizon, which is a bridge, a DeFi service that allow you to transfer tokens from one blockchain to another - I don't actually know how this is really different to an exchange which lets you trade one coin for another? It's something to do with etherium in this case.
But whatever, there's been a few big thefts from bridges, the previous ones worth a lot more because of how much crypto value has fallen I guess.
Vulnerabilities, you say? in Code you say? But I thought we should trust the code...
$100 million worth of crypto has been stolen in another major hack
Hackers have stolen $100 million in cryptocurrency from Horizon, a so-called blockchain bridge developed by crypto start-up Harmony.
$100m from Horizon, which is a bridge, a DeFi service that allow you to transfer tokens from one blockchain to another - I don't actually know how this is really different to an exchange which lets you trade one coin for another? It's something to do with etherium in this case.
But whatever, there's been a few big thefts from bridges, the previous ones worth a lot more because of how much crypto value has fallen I guess.
Vulnerabilities, you say? in Code you say? But I thought we should trust the code...
stdP
One Swiss dinosaur in Polly Gosling's anorak hood
I realise practically everything from this site belongs on this thread, but the headline "Crypto-themed restaurant stops accepting crypto" was too good not to post.
web3isgoinggreat.com
All four people I knew at work with money to burn in crypto have all admitted to me that they've lost money on it (another two "got out" a year and two years ago). What with all the bad news recently I'm still mildly impressed that the price vs. USD has been hovering around $20k since the big drop last week, but again I've never had the faintest inkling of half the factors controlling the price. I guess god doesn't want to speak to me through the numbers.
In somewhat more cheering news, I also saw this, "Bitcoin Electricity Consumption Down by 25% Since Early June" which would certainly be interesting if true (as it's a hypothetical estimate). That and the glut of graphics cards that are apparently now starting to appear s/h would certainly suggest some people/orgs are getting out at least semi-permanently...
cryptopotato.com
Web3 Is Going Just Great
A timeline recording only some of the many disasters happening in crypto, decentralized finance, NFTs, and other blockchain-based projects.
web3isgoinggreat.com
All four people I knew at work with money to burn in crypto have all admitted to me that they've lost money on it (another two "got out" a year and two years ago). What with all the bad news recently I'm still mildly impressed that the price vs. USD has been hovering around $20k since the big drop last week, but again I've never had the faintest inkling of half the factors controlling the price. I guess god doesn't want to speak to me through the numbers.
In somewhat more cheering news, I also saw this, "Bitcoin Electricity Consumption Down by 25% Since Early June" which would certainly be interesting if true (as it's a hypothetical estimate). That and the glut of graphics cards that are apparently now starting to appear s/h would certainly suggest some people/orgs are getting out at least semi-permanently...
Bitcoin Electricity Consumption Down by 25% Since Early June
Bitcoin’s power consumption and hash rate are plummeting shortly after the price crash earlier this month.
cryptopotato.com
gosub
~#
Crypto hedge fund at center of crisis faces risk of default as deadline to repay $670 million nears
Three Arrows Capital, or 3AC, is facing a liquidity crisis after the collapse of terraUSD, margin calls on its loans and a massive slump in the crypto market.
magneze
🎧
Chinese-state sponsored blockchain org slams cryptos
Communists reckon Bill Gates and Warren Buffet got it right
www.theregister.com
UnderOpenSky
baseline neural therapy
mod
A modernist
I thought it was only going to $20k and no lower recently?
Not sure I said that.
mod
A modernist
Buying bitcoin at its Dec 2017 price could be seen a prudent investment. Not on this forum, granted.
littlebabyjesus
one of Maxwell's demons
It was only a good investment if you then sold it during the period when it was at a higher price than that. Right now, at this very minute, it represents just under 0% return. With US dollars at any rate, you'd have been marginally better off putting the cash under your mattress.
I wouldn't use the word 'prudent' in connection with any action that involves buying crypto.
mod
A modernist
Wasn’t what I meant. The opportunity to buy bitcoin ‘today’ whilst it’s back to its dec 2017 price could be seen to be a good opportunity to take a punt / invest. It’s come down much lower than most people were expecting. And looks to be going lower still.
I know you hate bitcoin and are desperate for it to collapse so won’t think along these lines. All I’m saying is far from its current price being a negative, many will be seeing this as a golden opportunity.
littlebabyjesus
one of Maxwell's demons
Magical thinking.
mod
A modernist
I didn’t say it’s what I personally believe.
BigTom
Well-Known Member
Does a sharp drop like that indicate a whale selling off or a low volume of transactions meaning a single sale could bring the market price down like that?
Seems weird, even for bitcoin, to lose about £400 in about 20 minutes.
https://www.coinbase.com/price/bitcoin chart is from here.
littlebabyjesus
one of Maxwell's demons
Well 20 minutes is two blocks. I would guess an individual holder selling a big chunk.
Sharp falls like that aren't so unusual, though. There was one on Monday.
Sharp falls like that aren't so unusual, though. There was one on Monday.
ska invita
back on the other side
look like 8am ....a market opening? no idea
littlebabyjesus
one of Maxwell's demons
All you're saying is 'buy the dip'.
It will work until it doesn't.
Nobody knows if it will work this time. All anyone can say is that it worked for them last time. But the mystical talk of cycles is just that, mystical. Magical thinking. Belief that it will continue to work is a variant of linegoesup.
maomao
普費斯
Not as good as my plan to win the lottery.
BigTom
Well-Known Member
7:20 to 7:40 am but that's a good suggestion
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