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None of the neutral language moves the needle. People have been pointing out for years that using more energy than all of Denmark to handle fewer transactions t
by ForHackernews 6y ago
None of the neutral language moves the needle. People have been pointing out for years that using more energy than all of Denmark to handle fewer transactions than a mid-sized Walmart is not a recipe for success.
There are too many bagholders, excuse me, "investors" who are financially motivated to keep pushing this stuff.
- Rallerbabs 6y agoBitcoin is at all time high, meaning just about everybody who ever bought bitcoin is currently in profit. There are very few bagholders.
- glial 6y agoIt’s not profit till you sell/spend it.
- ForHackernews 6y agoYeah, and I was a paper multimillionaire around the time of the first dot-com boom. We'll see how it shakes out when the music stops.
- Rallerbabs 6y agoI'm dedicated to learning to recognize bottoms & tops. I successfully bought the bottom. Now only to successfully sell the top.