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Man who accidentally threw his bitcoin-containing hard drive in the bin is apparently preparing to sue his local council for £1bn for not letting him sift through the landfill it is in:

 
Man who accidentally threw his bitcoin-containing hard drive in the bin is apparently preparing to sue his local council for £1bn for not letting him sift through the landfill it is in:


Hard to imagine AI delivering anything better from the prompt 'Man whose life has been consumed by obsession with lost bitcoin'

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Man who accidentally threw his bitcoin-containing hard drive in the bin is apparently preparing to sue his local council for £1bn for not letting him sift through the landfill it is in:

I know not everyone that’s into Bitcoin is a complete twat, but the Venn diagram really isn’t too far from being a circle :D
 
Money makes people a bit mad, doesnt it? There is no chance this guy is going to find the hard drive even if the council relents (very unlikely). He is just going to waste his money and time getting covered in stinky bin juice for nothing.
 
I see bitcoin is close to an all time high 🙄
Supposedly driven by banks according to an article on BBC. Why won’t it die…
 
I see bitcoin is close to an all time high 🙄
Supposedly driven by banks according to an article on BBC. Why won’t it die…
Because the world hasn't yet run out of absolute dickheads who think this pyramid scheme will make them rich. Some will get rich, most won't.
I used to not give a shit about it or the people trying to get rich from it, but these days I find myself actively hoping that lots of people lose lots of money on it. They've been warned too often, and all the evidence is available to them to prove it's simply a massive pyramid scheme, so they only have themselves to blame when, not if, it goes tits up.
 
Isn't it possible that the "value" of bitcoin is being artificially pumped up due to most of it being hoarded? Therefore whenever it does trade it goes for ridiculous sums.

It definitely seems weird that it can be at an "all time high" when it's more irrelevant than ever.
 
Because the world hasn't yet run out of absolute dickheads who think this pyramid scheme will make them rich. Some will get rich, most won't.
I used to not give a shit about it or the people trying to get rich from it, but these days I find myself actively hoping that lots of people lose lots of money on it. They've been warned too often, and all the evidence is available to them to prove it's simply a massive pyramid scheme, so they only have themselves to blame when, not if, it goes tits up.
I thought you were gone. I'm glad you're not.
 
Isn't it possible that the "value" of bitcoin is being artificially pumped up due to most of it being hoarded? Therefore whenever it does trade it goes for ridiculous sums.

It definitely seems weird that it can be at an "all time high" when it's more irrelevant than ever.
Tend to disagree.

New cycle.

(Ligit crit of previous cycle though)

Bitcoin initial setup came out of 2008 print out debt...Picked up loads of other panacea solution to problem that didn't exist..but that one is coming back into focus...(agaian again.)..iChina..EUrozone...even the US every dollar gdp growth last quarter cost 2&1/2 bucks debt apparently...

Other issue that's come along is weaponisation of SWIFT...moved to a different tier of chancers
 
Bitcoin ETFs were approved in the US last month.

This means that institutions, pension funds, hedge funds etc can now legally buy exposure to bitcoin through an Exchange Traded Fund which must legally hold the Bitcoin backing it.

Again, I would really urge people to learn how to use Bitcoin, that knowledge is going to be increasingly important over the next decade.
 
Bitcoin ETFs were approved in the US last month.

This means that institutions, pension funds, hedge funds etc can now legally buy exposure to bitcoin through an Exchange Traded Fund which must legally hold the Bitcoin backing it.

Again, I would really urge people to learn how to use Bitcoin, that knowledge is going to be increasingly important over the next decade.


I use it every week to buy drugs.

hae done for over 10 years
 
Bitcoin ETFs were approved in the US last month.

This means that institutions, pension funds, hedge funds etc can now legally buy exposure to bitcoin through an Exchange Traded Fund which must legally hold the Bitcoin backing it.

Again, I would really urge people to learn how to use Bitcoin, that knowledge is going to be increasingly important over the next decade.
Also approved in HK.

Think bitcoin is a bit like London Underground...it is the way it is because it was done first...other cities built theirs knowing what some mistakes were that they could avoid...


One of things it had looked like was BTC would outlawed in favour of CBDC's. With trade legitimised seems less likely. Though as CBDC comes down the line BTC will become more niche..

However
Nothing in life is perfect especially a money = debt system..Cryptos tethered to existencing monetary systems can only entrench the inadequacies and biases within that system..

BTC rationally, floats. Whether that's a good thing remains to be seen
 
2010:
this concept is no longer just a theory, it's an actual practiced but relatively small currency. But if bitcoins Took Off then it'll be the biggest thing for the global economy since the internet. In my opinion it's in iuncubation period, tipping point is within 10 years.

2013:
This latest collapse seems to have been caused by the fact that there's only one major exchange at this point. Give it ten years and it could be a lot less volatile, these are the crazy wild early days of a new frontier.

2013:
It has taken a mere 10 years for internet shopping to go from fringe and weird to mainstream. I simply cannot believe that money and politics will be immune from all of this.

Bitcoin itself may be a flash in the pan, but something like it is in the post

2017:
In ten years time a Bitcoin may well be worth over a million,

2024:
Again, I would really urge people to learn how to use Bitcoin, that knowledge is going to be increasingly important over the next decade.
 
2010:


2013:


2013:


2017:


2024:
My prediction was pretty good. There is all sorts of digital currency development, be it CBDC or the more usual scammy, hyped stuff. Bitcoin seems to be currently being incorporated by the clowns and chancers of the financial market as just another eldritch derivative.
 
I ain't going on specific y = time


Also dig up my stuff from even 2 years ago...not enthusiastic....still not really but idea its less relevant than ever seems wide of the mark
 
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