Bitcoin Cracks $5000

[devil21]

Yay chips and tattoos for everyone!

 

[dannno]

Crypto-Miners Buy Russian Power Stations

By ZeroHedge - Jan 17, 2018, 2:00 PM CST


https://oilprice.com/Energy/Energy-General/Crypto-Miners-Buy-Russian-Power-Stations.html




Two electric power stations in Russia were recently sold to a cryptocurrency miner looking to expand his operations – the latest sign that the country’s government-supported push to become a cryptocurrency mining hub has been successful.


The two stations are situated in the Perm Region on the western slopes of the Middle Ural Mountains, and in the neighboring Republic of Udmurtia. The facilities will be used as data centers as well as housing for cryptocurrency mining equipment and a center for cryptocurrency mining. The price paid for the two stations? Roughly 160 million rubles (about $3 million), according to RT.


After initially approaching cryptocurrencies with skepticism, the Russian government last summer signaled that it would instead try to regulate and embrace the markets.

That trend has culminated with the Russian Ministry of Finance drafting a bill to legalize the trading of cryptocurrencies on approved exchanges, according to Deputy Finance Minister Alexei Moiseev, who has indicated that the government is seeking to provide greater oversight. President Vladimir Putin has ordered the government to create legislation governing the status of bitcoin, other cryptocurrencies, mining, and initial coin offerings, as well as defining everything that relates to digital money, by July.

The bill will open the door to more open cryptocurrency trading and investment within Russia, as some countries like China have sought to stamp out both mining and trading.

In August, a company known as Russian Miner Coin, or RMC, announced that it would try to raise $100 million in an initial coin offering, promising to allocate 18 percent of the company’s mining revenue to holders of their tokens. The company was founded by a close aide to Putin.

...
Furthermore, the Russian government and its state-owned energy companies have reportedly considered launching a digital currency that could be used in partnership with Venezuela, Iran and Russia to circumvent U.S. sanctions in accepting payment for their oil exports, similar to Venezuela’s Petro, an oil-backed digital currency that is being developed by Latin America's favorite Socialist Paradise.


By Zerohedge

THE LIGHTNING NETWORK COULD MAKE BITCOIN FASTER—AND CHEAPER

https://www.wired.com/story/the-lightning-network-could-make-bitcoin-faster-and-cheaper/

bump

 

[devil21]

Post slide^^^^^^

It's a shame so many old accounts are shilled up now.

 

[dannno]

Post slide^^^^^^

It's a shame so many old accounts are shilled up now.

Those were important posts, your posts were not really relevant to the discussion and is now at the top of the page, the important posts that people need to see are now also at the top of this page instead of the bottom of the last page so people will actually see them.

Bitcoin was built to take out the Fed, which is one of the primary goals of this site.

Your opinion is noted, but the real shills on this site are the ones who talk shit on bitcoin. CNN talks shit on bitcoin, they don't want it to succeed.

Have fun on team zippy.

 

[The Northbreather]

Those were important posts, your posts were not really relevant to the discussion and is now at the top of the page, the important posts that people need to see are now at the top of this page so people will actually see them.

Bitcoin was built to take out the Fed, which is one of the primary goals of this site.

Your opinion is noted, but the real shills on this site are the ones who talk $#@! on bitcoin. CNN talks $#@! on bitcoin, they don't want it to succeed.

Have fun on team zippy.

'Tis true that the negative articles and straight up disinfo hit pieces are coming from the outlets with a left/statist bias.

Clear as the nose on your face.

 

[devil21]

It'll be interesting to see which accounts stop posting during the shutdown and which websites go wonky.

Those were important posts, your posts were not really relevant to the discussion and is now at the top of the page, the important posts that people need to see are now also at the top of this page instead of the bottom of the last page so people will actually see them.

Right.

Bitcoin was built to take out the Fed, which is one of the primary goals of this site.

It was, you are correct. Built for the same people that run the Fed is the part you left out, however.

Your opinion is noted, but the real shills on this site are the ones who talk shit on bitcoin. CNN talks shit on bitcoin, they don't want it to succeed.

It was created by MIT and NSA as the global "currency" replacement for the dollar. I'm sorry to kick your sacred cow but the truth is often painful.

Have fun on team zippy.

I don't pick teams. That's for low iq people that don't learn shit and waste their lives staying stuck in the same unproductive cycle of "which side do I choose?" I get messages ALL THE TIME about "What happened to dannno?? Is he a shill account now?" It's sad how many veteran RPF members wonder what happened to the previously cool poster known as dannno.

 

[dannno]

I don't pick teams. That's for low iq people that don't learn shit and waste their lives staying stuck in the same unproductive cycle of "which side do I choose?" I get messages ALL THE TIME about "What happened to dannno?? Is he a shill account now?" It's sad how many veteran RPF members wonder what happened to the previously cool poster known as dannno.

I've found that taking sides against the media/establishment narrative is a fruitful endeavor. I know you think they are using reverse psychology, and I appreciate the sentiment because it is important to stay on guard if and when that does happen, there is a such thing as controlled opposition.

9/11 was an inside job, but I have my doubts that the media is playing reverse psychology on us with Trump. I just don't see the purpose. 9/11 happened in a morning. The cover-up lasted longer but was very confined... this is widespread and has been going on for like 2 years now.. Why not run Rubio or Jeb against Hillary?

 

[kpitcher]

Last time the Gov shut down BTC went up a bit. We'll get to see if the same happens again

 

[devil21]

I've found that taking sides against the media/establishment narrative is a fruitful endeavor. I know you think they are using reverse psychology, and I appreciate the sentiment because it is important to stay on guard if and when that does happen, there is a such thing as controlled opposition.

9/11 was an inside job, but I have my doubts that the media is playing reverse psychology on us with Trump. I just don't see the purpose. 9/11 happened in a morning. The cover-up lasted longer but was very confined... this is widespread and has been going on for like 2 years now.. Why not run Rubio or Jeb against Hillary?

"Tis easier to fool someone than to convince someone that they've been fooled." So true.

 

[TheTexan]

Even the Nazi's are hodl'n

 

[ChristianAnarchist]

A couple weeks back I bought some BTC, BCH and LTC and I'm watching as they keep going down, down, down... I'm too stubborn to sell at a loss (again) so I'm riding this bitch all the way to zero if that's where it's going...

 

[devil21]

A couple weeks back I bought some BTC, BCH and LTC and I'm watching as they keep going down, down, down... I'm too stubborn to sell at a loss (again) so I'm riding this bitch all the way to zero if that's where it's going...

The new bitcoin term is "FODL"

(small patterns foretell big patterns)

 

[Mordan]

A couple weeks back I bought some BTC, BCH and LTC and I'm watching as they keep going down, down, down... I'm too stubborn to sell at a loss (again) so I'm riding this bitch all the way to zero if that's where it's going...

i didn't sell either. just weather the storm.. smart money waiting for dips to accumulate.

 

[anaconda]

$10,377

 

[ChristianAnarchist]

The new bitcoin term is "FODL"

"hey, seriously sorry it's not working out for you. convert it all to btc and buy phys with remainder. the official crypto will be metals backed and then you can turn in metals for the new "currency" when it's released"

Ummm, how do I do that?

 

[devil21]

"hey, seriously sorry it's not working out for you. convert it all to btc and buy phys with remainder. the official crypto will be metals backed and then you can turn in metals for the new "currency" when it's released"

Ummm, how do I do that?

You should have kept that private like I did. Maybe Mordan will help you.

 

[dannno]

"hey, seriously sorry it's not working out for you. convert it all to btc and buy phys with remainder. the official crypto will be metals backed and then you can turn in metals for the new "currency" when it's released"

Ummm, how do I do that?

You can buy metals at apmex or amagi with btc, but I'd recommend waiting for it to go up so you can take some profits on your investment.. buying high and selling low is not a good way to invest..

 

[dannno]

You should have kept that private like I did. Maybe Mordan will help you.

Can he still rent a boat?

 

[devil21]

Can he still rent a boat?

If he has metals, sure. A 1oz GAE will buy you a blast of a week at the beach on a sweet fishing boat with a bikini clad first mate. Cryptos need not apply.

 

[anaconda]

Doesn't look like my private prediction that BTC would hit $30K by the end of March is going to happen.