• WANTED: Happy members who like to discuss audio and other topics related to our interest. Desire to learn and share knowledge of science required as is 20 years of participation in forums (not all true). Come here to have fun, be ready to be teased and not take online life too seriously. We now measure and review equipment for free! Click here for details.

Ask me about Bitcoin/Crypto investing

amirm

Founder/Admin
Staff Member
CFO (Chief Fun Officer)
Joined
Feb 13, 2016
Messages
28,505
Likes
75,369
Location
Seattle Area
I'm still curious as to why @amirm thought it was a hot topic for an audio site....
For the same reason when I go to Fry's electronics store, they also sell soda and chips. :) If it is of interest to members, we have this little area for such discussions.
 

Wombat

Major Contributor
Joined
Nov 5, 2017
Messages
6,019
Likes
4,873
Location
Australia
Some of us don't want to be seen as purely 'audio nerds'. :facepalm: The importance of audio needs an occasional perspective check. ;)
 

Wombat

Major Contributor
Joined
Nov 5, 2017
Messages
6,019
Likes
4,873
Location
Australia
I look at thread titles and decide if they are of interest to me. Off-topic clogging of threads is more of a distraction to me, as is the regular repetition of tired old 'audiophile' misconceptions. Others may see things differently.
 

dallasjustice

Major Contributor
Joined
Feb 28, 2016
Messages
1,270
Likes
802
Location
Dallas, Texas
As the FAANG stocks meltdown, the rest of the market is sure to follow. It’s interesting to see that the “gold of the internet” or “digital gold” looks like nothing more than another bubble asset during a time following unprecedented below market interest rates.

Here’s a chart pricing bitcoin in gold ounces over the last month. It looks like only gold is behaving like gold this time.
ADB51F4E-0550-498F-9325-A543D58F7D72.jpeg
 

Thomas savage

Power hungry desperado
Moderator
The Watchman
Forum Donor
Joined
Feb 24, 2016
Messages
9,726
Likes
13,308
Location
uk, taunton
For the same reason when I go to Fry's electronics store, they also sell soda and chips. :) If it is of interest to members, we have this little area for such discussions.
‘Fry’s ‘ ,,, not sure I’d trust that for electronics.
 

KR8NUX

Active Member
Joined
Nov 7, 2018
Messages
113
Likes
78
OK, so I am working on certain DLT(Distributed Ledger Technology) solutions. Blockchain (The tech behind bitcoin), is one of them. I would be writing a couple of posts on how DLT works, what is the basis of 'value' in cryptocurrency, solve disambiguations related to concepts like 'mining' and 'hashrate' etc.
Got a couple of exams tomorrow so no time to do it now, would do it at leisure. I surely hope I can explain it in a simple manner as I am currently trying to make a career in this field. :) Stay tuned.
 

dallasjustice

Major Contributor
Joined
Feb 28, 2016
Messages
1,270
Likes
802
Location
Dallas, Texas
Dear Hodlers,
Since the OP reverse indicator sentiments, we’ve passed the BTC ATH. It turns out my bearwhale predictions proved true. Maybe some of you got bear and sold before now. To the rest of you Baghodlers, you’ll certainly get rekt if you don’t dump now. If you don’t, you’ll be ashdraked by year end.

I’ve been JOMO watching all you FOMO hoping for another shitcoin pump.

Enjoy your weekend.

Glossary:
https://coinsutra.com/hodl-popular-cryptocurrency-terms/
 

DuxServit

Senior Member
Forum Donor
Joined
Apr 21, 2018
Messages
393
Likes
389
All these coins are ultra-speculative, not tied to any real assets. They are not even tied to greenback :eek:

Yes I’m aware that the USD has also been “untethered” to gold or real world assets since 1972 but there are the Fed, laws, legislations, regulators, market reports, etc all of which underpins the operations of the US economy — all of which provide the stability of the USD.
 

RayDunzl

Major Contributor
Central Scrutinizer
Joined
Mar 9, 2016
Messages
10,137
Likes
8,710
Location
Riverview FL
Dec 7, 2017
Amiri prompted me to start a thread about Bitcoin/Crypto investing. Since the Bitcoin price is constantly rising, my strategy is simple, beat Bitcoin (easier said than done).

It is somehow telling that sometime during the week of this first post BTC stopped "constantly rising".

1587180116590.png
 
Top Bottom