The Crypto coin thread

[AHPP]

3 hours ago, doobin said:

Visa and PayPal are like Levi’s during the gold rush. They know that thar hill is all worked out, nothing left- but they’ll sell any idiot who wants to dig there a pair of jeans!

You’re the most outspoken cryptoskeptic I can think of on here and, I suspect, a free-marketeer. Launch Diggercoin for a laugh.

[Mick Dempsey]

Tesla have pulled out of Bitcoin, which is a bit of a blow.

[Steve Bullman]

1 hour ago, Mick Dempsey said:

Tesla have pulled out of Bitcoin, which is a bit of a blow.

Bit of an in accurate statement there mick!

[Mick Dempsey]

3 hours ago, Steve Bullman said:

Bit of an in accurate statement there mick!

Go on…

 

[Steve Bullman]

He’s sold 75% as Tesla needs a cash injection

 

as far as affecting bitcoins price, it’s barely touched it,’in fact Bitcoin is at its highest price it’s been for the last month  

[Mick Dempsey]

Would you describe it as a boost to crypto currencies that its de facto leader lost half a billion squid on it?

[Steve Bullman]

I’m not overly fussed what musk buys and sells to be honest, he’s one of many players. You can probably see just as many purchases made the same day, but they don’t make the news obviously. 
 

the price on the chart is what matters and it’s barely moved 

[Mark J]

Making sense of bitcoin and blockchain technology: PwC

WWW.PWC.COM

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Understand how Blockchain works, what cryptocurrency is and the potential blockchain applications beyond Bitcoin and cryptocurrency to improve business processes.

 

[Retired Climber]

13 hours ago, Mark J said:

Making sense of bitcoin and blockchain technology: PwC

WWW.PWC.COM

---

Understand how Blockchain works, what cryptocurrency is and the potential blockchain applications beyond Bitcoin and cryptocurrency to improve business processes.

 

A perfect.demonstration of the fact that you can only dumb something down so much, before it becomes of no use to anyone. Blockchain tech is complicated by it's very nature, but we don't actually need to understand how it works. The general public aren't supposed to understand cryptocurrency, and there is very little benefit to doing so. Just treat investing in such things in the same way as you would bet on a horse, and you won't go too far wrong. Following the gambling theme, anyone who claims to be an expert, with the ability to advise others how to make money from it, is a charlatan. 

[Dan Maynard]

On 21/07/2022 at 12:31, Mick Dempsey said:

Would you describe it as a boost to crypto currencies that its de facto leader lost half a billion squid on it?

Can't see their financial wizards getting prompted after that deal....