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20.
 
Re: Evening Metaverse
Apr 29, 2021, 10:08
20.
Re: Evening Metaverse Apr 29, 2021, 10:08
Apr 29, 2021, 10:08
 
mirthy wrote on Apr 28, 2021, 11:07:
Hm... nothing that Cypto guy said is wrong... He must not know how the internet works then because it's rife with abuse (crypto or not). I find his focus on crypto somewhat wanting...

Translation: "There are millions of people dying each year, so why talk about 1 murderer in particular?"

Understand your logical fallacy now?
19.
 
Re: Evening Metaverse
Apr 28, 2021, 19:02
19.
Re: Evening Metaverse Apr 28, 2021, 19:02
Apr 28, 2021, 19:02
 
Mr. Tact wrote on Apr 28, 2021, 15:43:
RedEye9 wrote on Apr 28, 2021, 15:36:
It uses the proof of SpaceTime continuum https://www.pcmag.com/news/chia-cryptocurrency-expected-to-cause-hard-drive-and-ssd-shortages
Thanks, but not much of an explanation there nor in the article at Tom's Hardware which is linked in this article. It nearly sounds like a gag, like something done by The Onion...
Also, it's not like hard drives and SSDs don't use any energy or resources to produce...
'I am' is reportedly the shortest sentence in the English language. Could it be that 'I do' is the longest sentence? - GC
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18.
 
Re: Evening Metaverse
Apr 28, 2021, 17:34
18.
Re: Evening Metaverse Apr 28, 2021, 17:34
Apr 28, 2021, 17:34
 
The only good Krypto is Superman's dog.
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17.
 
Re: Evening Metaverse
Apr 28, 2021, 15:43
17.
Re: Evening Metaverse Apr 28, 2021, 15:43
Apr 28, 2021, 15:43
 
RedEye9 wrote on Apr 28, 2021, 15:36:
It uses the proof of SpaceTime continuum https://www.pcmag.com/news/chia-cryptocurrency-expected-to-cause-hard-drive-and-ssd-shortages
Thanks, but not much of an explanation there nor in the article at Tom's Hardware which is linked in this article. It nearly sounds like a gag, like something done by The Onion...
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
16.
 
Re: Evening Metaverse
Apr 28, 2021, 15:36
16.
Re: Evening Metaverse Apr 28, 2021, 15:36
Apr 28, 2021, 15:36
 
jdreyer wrote on Apr 28, 2021, 15:28:
Mr. Tact wrote on Apr 28, 2021, 12:30:
theglaze wrote on Apr 28, 2021, 12:17:
It's technology uses hard drives rather than cycle times, which is why prices for large drives have soared in Asia.
I don't know a damn thing about it, but that sounds like terrible idea. Anyone have a link to someone explaining that?

Ditto. That sounds weird.

It uses the proof of SpaceTime continuum https://www.pcmag.com/news/chia-cryptocurrency-expected-to-cause-hard-drive-and-ssd-shortages
- I refer to it as BC, Before Corona, and AD, After Disaster. -
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15.
 
Re: Evening Metaverse
Apr 28, 2021, 15:28
15.
Re: Evening Metaverse Apr 28, 2021, 15:28
Apr 28, 2021, 15:28
 
Mr. Tact wrote on Apr 28, 2021, 12:30:
theglaze wrote on Apr 28, 2021, 12:17:
It's technology uses hard drives rather than cycle times, which is why prices for large drives have soared in Asia.
I don't know a damn thing about it, but that sounds like terrible idea. Anyone have a link to someone explaining that?

Ditto. That sounds weird.
'I am' is reportedly the shortest sentence in the English language. Could it be that 'I do' is the longest sentence? - GC
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14.
 
Re: Evening Metaverse
Apr 28, 2021, 12:30
14.
Re: Evening Metaverse Apr 28, 2021, 12:30
Apr 28, 2021, 12:30
 
theglaze wrote on Apr 28, 2021, 12:17:
It's technology uses hard drives rather than cycle times, which is why prices for large drives have soared in Asia.
I don't know a damn thing about it, but that sounds like terrible idea. Anyone have a link to someone explaining that?
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
13.
 
Re: Evening Metaverse
Apr 28, 2021, 12:17
13.
Re: Evening Metaverse Apr 28, 2021, 12:17
Apr 28, 2021, 12:17
 
And yet... what will stop crypto?

  • The SEC has once again delayed making a decision about another Bitcoin ETF for the US stock market. ETFs are the easiest vehicle to transfer traditional wealth into cryptocurrency. Seems like the SEC is holding the floodgate closed, and most Western economies are waiting on its move.
  • Meanwhile, next week China launches its digital yuan that uses blockchain theory without anonymity features so it can better monitor its citizens and control Chinese corporations... but the Chinese has every intention to roll it out to other countries in which it has vested interests. It's technology uses hard drives rather than cycle times, which is why prices for large drives have soared in Asia. If you need new storage, buy now, because the boats from Asia to the west will be empty of hard drives.
  • Covid-related disruption to employment has not alleviated in most places, maintaining this daily flood of new dreamers investing small sums into crypto every day, hoping to get-rich-quick. The panic buying/selling from wannabe investors is perhaps the biggest reason for crypto volatility. But these users are DEVOURING social/legacy media content about crypto, so the hype is self-fulfilling.
12.
 
Re: Evening Metaverse
Apr 28, 2021, 11:31
12.
Re: Evening Metaverse Apr 28, 2021, 11:31
Apr 28, 2021, 11:31
 
Orogogus wrote on Apr 28, 2021, 03:10:
jacobvandy wrote on Apr 28, 2021, 01:43:
If you ask me, this Bitcoin energy crisis stuff is probably a good thing. Maybe they'll finally ban coal power and accelerate adoption of renewables.
Why would that be the result? It doesn't seem intuitive that high demand would lead to more regulations and the phasing out of energy sources.

Because it's not just about the demand for energy. All the stories I've seen lately (plus this guy's complaint in that regard) are more about the pollution being put out by some large mining operations exploiting the cheapest option they have, which is often coal. Some of them are buying up old, decommissioned plants and starting them up again.. Why not put the nail in that coffin?
11.
 
Re: Evening Metaverse
Apr 28, 2021, 11:07
11.
Re: Evening Metaverse Apr 28, 2021, 11:07
Apr 28, 2021, 11:07
 
Hm... nothing that Cypto guy said is wrong... He must not know how the internet works then because it's rife with abuse (crypto or not). I find his focus on crypto somewhat wanting...
10.
 
Re: Evening Metaverse
Apr 28, 2021, 10:26
10.
Re: Evening Metaverse Apr 28, 2021, 10:26
Apr 28, 2021, 10:26
 
jacobvandy wrote on Apr 28, 2021, 01:43:
Maybe they'll finally ban coal power and accelerate adoption of renewables.

Now there's a non-sequitur if I ever saw one.

Even if we switch to 100% renewables, they don't come resource free, it's still a net waste of energy and resources.
9.
 
Re: Evening Metaverse - F*ckyouBook
Apr 28, 2021, 06:55
9.
Re: Evening Metaverse - F*ckyouBook Apr 28, 2021, 06:55
Apr 28, 2021, 06:55
 
Using F*ckyoubook and moderation in the same sentence is an oxymoron.

The F*ckyoumaster knows full well they make tons of profit off of enabling the Eddie Haskells of this world to hoodwink millions instead of just Beaver and a few other kids in the same town.
"Meet the new Boss, same as the old Boss." - The Who.
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8.
 
Re: Evening Metaverse Crypto BS
Apr 28, 2021, 06:47
8.
Re: Evening Metaverse Crypto BS Apr 28, 2021, 06:47
Apr 28, 2021, 06:47
 
Just wait for either of these two things to happen:

* Some one cracks the so called un-crackable.
* One or more major issuers vanish leaving all the NFTs from them worthless

Some of the rich folk getting richer off this scheme are the same people who whine and scream about inflation when money is created out of thin air legally by democracies. No conjuring money from nothing is they believe their right only.
"Meet the new Boss, same as the old Boss." - The Who.
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7.
 
Re: Evening Metaverse
Apr 28, 2021, 03:10
7.
Re: Evening Metaverse Apr 28, 2021, 03:10
Apr 28, 2021, 03:10
 
jacobvandy wrote on Apr 28, 2021, 01:43:
If you ask me, this Bitcoin energy crisis stuff is probably a good thing. Maybe they'll finally ban coal power and accelerate adoption of renewables.
Why would that be the result? It doesn't seem intuitive that high demand would lead to more regulations and the phasing out of energy sources.
6.
 
Re: Evening Metaverse
Apr 28, 2021, 01:43
6.
Re: Evening Metaverse Apr 28, 2021, 01:43
Apr 28, 2021, 01:43
 
RedEye9 wrote on Apr 27, 2021, 21:22:
Quoted
No, cryptocurrency is not a currency at all: it’s an investment vehicle. A tool for making the rich richer. And that’s putting it nicely; in reality it has a lot more in common with a Ponzi scheme than a genuine investment. What “value” does solving fake math problems actually provide to anyone? It’s all bullshit.

Make the rich richer, worked for tesla-musk: Tesla reveals $101 million bitcoin profit following its massive cryptocurrency investment


Lol, as if a guy who's literally at war with crypto would say anything else? Anyway, solving the made-up math problems is what makes the network function. Its "value" is in making it possible for the decentralized digital currency to exist, it does not and was never meant to determine the monetary worth. Nobody tell him that the US Dollar and all other fiat currencies are bullshit, too...

If you ask me, this Bitcoin energy crisis stuff is probably a good thing. Maybe they'll finally ban coal power and accelerate adoption of renewables.

This comment was edited on Apr 28, 2021, 02:01.
5.
 
Re: Evening Metaverse
Apr 27, 2021, 21:28
5.
Re: Evening Metaverse Apr 27, 2021, 21:28
Apr 27, 2021, 21:28
 
More on point -- of course he is correct. Frankly, I didn't realize there were any sites effectively offering "free" CPU cycles. I'm surprised it took this long for them to realize crypto had ruined that party.
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
4.
 
Re: Evening Metaverse
Apr 27, 2021, 21:22
4.
Re: Evening Metaverse Apr 27, 2021, 21:22
Apr 27, 2021, 21:22
 
Quoted
No, cryptocurrency is not a currency at all: it’s an investment vehicle. A tool for making the rich richer. And that’s putting it nicely; in reality it has a lot more in common with a Ponzi scheme than a genuine investment. What “value” does solving fake math problems actually provide to anyone? It’s all bullshit.

Make the rich richer, worked for tesla-musk: Tesla reveals $101 million bitcoin profit following its massive cryptocurrency investment
- I refer to it as BC, Before Corona, and AD, After Disaster. -
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3.
 
Re: Evening Metaverse
Apr 27, 2021, 21:17
3.
Re: Evening Metaverse Apr 27, 2021, 21:17
Apr 27, 2021, 21:17
 
Some people have got it working for them: I wasn't previously aware of this meme but it is kind of an interesting image
“Extinction is the rule. Survival is the exception.” -- Carl Sagan
2.
 
Re: Evening Metaverse
Apr 27, 2021, 20:59
2.
Re: Evening Metaverse Apr 27, 2021, 20:59
Apr 27, 2021, 20:59
 
Tomas wrote on Apr 27, 2021, 19:17:
Amen on that cryptocurrency article. Such a plague.
No argument here.
'I am' is reportedly the shortest sentence in the English language. Could it be that 'I do' is the longest sentence? - GC
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1.
 
Re: Evening Metaverse
Apr 27, 2021, 19:17
Tomas
 
1.
Re: Evening Metaverse Apr 27, 2021, 19:17
Apr 27, 2021, 19:17
 Tomas
 
Amen on that cryptocurrency article. Such a plague.
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