Me watching my lithium stocks get fucking smashed at the moment
I will...
Submitted 1 month ago by Homo_Erectus@lemmy.zip to [deleted]
https://lemmy.zip/pictrs/image/68f03885-8d44-481b-b5de-53116abab6a2.avif
Comments
OriginEnergySux@lemmy.world 1 month ago
Allero@lemmy.today 1 month ago
Yay cheaper lithium
janewaydidnothingwrong@lemmy.world 1 month ago
Why are the electrodes attached to his nipples 🤔
Imgonnatrythis@sh.itjust.works 1 month ago
Where would you put them monkey genius?
janewaydidnothingwrong@lemmy.world 1 month ago
my ignorance is exposed 😖
MeatPilot@sh.itjust.works 1 month ago
Because he’s in to that shit.
Speculater@lemmy.world 1 month ago
I can’t wait for BTC to go the way of NFC.
MagicPterodactyl@lemmy.ml 1 month ago
I hope you mean NFT because NFC is pretty useful
Speculater@lemmy.world 1 month ago
I 100% meant NFT, lol.
Speculater@lemmy.world 1 month ago
Also, happy Cake Day!
ivanafterall@lemmy.world 1 month ago
Go Falcons!
Not_mikey@lemmy.dbzer0.com 1 month ago
NFC
Accepted as a method of payment nearly everywhere these days?
big_slap@lemmy.world 1 month ago
?? I use nfc every day, wym
prole@sh.itjust.works 1 month ago
It’s like the worst of all the cryptos. It’s only the most popular because it was the first
Allero@lemmy.today 1 month ago
Eh, both have their utility, just not whatever crypto bros made of it.
I use crypto to pay for things abroad, like a decent VPN, from a heavily sanctioned authoritarian shithole. And NFTs can be useful not as a speculative asset, but as a blockchain-verified decentralized token.
Knock_Knock_Lemmy_In@lemmy.world 1 month ago
You use crypto to pay for things, not BTC.
The vested interests controlling bitcoin (the miners and asic manufacturers) refuse to update the technology for modern usage.
W98BSoD@lemmy.dbzer0.com 1 month ago
People using HomeAssistant would like a word….
imperious_melange@lemmy.zip 1 month ago
Wasn’t the point of crypto to actually be used as a currency?
FiniteBanjo@feddit.online 1 month ago
Yeah, it being built upon a decentralized multiple transaction-ledger means that no singular nation’s treasury has control over its value. It’s also actually great for law enforcement because removing a transaction from the history is incredibly difficult, places that offer “private” transactions just create thousands of fake transactions to hide the real one inside, but the evidence still exists.
One of the largest BTC owners on earth is the USA’s FBI who have confiscated tons of the stuff used in illegal activity.
Allero@lemmy.today 1 month ago
On Ethereum using less: this is due to a different consensus mechanism involved, one that is more eco-friendly, but less distributed and inherently (mathematically) less secure.
Generally, it should be fine on the scale of Ethereum, but Bitcoin has it safer, at the cost of plenty of power and e-waste.
boboliosisjones@feddit.nu 1 month ago
Absolutely not the best. just the best adoption rate due to being first. Also because buying any other crypto usually involves step 1: buy bitcoin and step 2: trade for whatevercoin.
SolacefromSilence@fedia.io 1 month ago
Lol, yeah sure. Just buy the dip and no one gets hurt*
imperious_melange@lemmy.zip 1 month ago
I mean there have been a few use cases beyond illegal business.
Town@lemmy.zip 1 month ago
It’s only down 50% in the past year
NochMehrG@feddit.org 1 month ago
It will rise, buddy!
PeriodicallyPedantic@lemmy.ca 1 month ago
I completely misunderstood this image.
I thought the gorilla was actually a dog without a head and the arms were ears attached directly to the neck, and instead of being on the table, the headless dog was taking a selfie looking down on the OR.
I can’t explain how I got there.
PeriodicallyPedantic@lemmy.ca 1 month ago
Homo_Erectus@lemmy.zip 1 month ago
That’s a preatty unique concept if you ask me
null@piefed.nullspace.lol 1 month ago
If you bought bitcoin and held it for a minimum of 5 years, it’s worth more than you paid for it.
Allero@lemmy.today 1 month ago
And unless you bought during all-time-highs, it’s worth WAY more.
whoisearth@lemmy.ca 1 month ago
I love that there’s a large section of nerds who think that magic beans are worth buying.
Here I am working slow and steady accumulating tangible wealth.
prole@sh.itjust.works 1 month ago
Everyone seems to forget that the magic beans in Jack and the Beanstalk worked. They did exactly what they were supposed to do, and not really a bad purchase at all given the shit he went on to loot from that giant
Knock_Knock_Lemmy_In@lemmy.world 1 month ago
Magic beans get you golden egg laying geese.
anon_8675309@lemmy.world 1 month ago
Compound interest and time.
whoisearth@lemmy.ca 1 month ago
If it looks and sounds too good to be true it probably is.
QuinnyCoded@sh.itjust.works 1 month ago
Lemmy is posting magical beans now?
Mubelotix@jlai.lu 1 month ago
It’s just 50% down from ath though
BlackLaZoR@lemmy.world 1 month ago
Always did
BeUnique@lemmy.zip 1 month ago
Bitcoin is still to damn expensive for me…
FiniteBanjo@feddit.online 1 month ago
A bitcoin is divisible down to 0.00000001 (one Satoshi). 1 US Penny or $0.01 is worth 16 Satoshi.
Neural_drift@lemmy.zip 1 month ago
Should I not sell then?
NateNate60@lemmy.world 1 month ago
I like to compare the Bitcoin price chart to the stats on a roulette wheel. You can’t really predict what causes it to go one way or the other, but you do know that it will eventually go back.
I mean, Bitcoin is the one thing that just won’t die. Every time its price collapses, people declare it dead, but a few years later it somehow comes roaring back. If you think Bitcoin is worthless just because it has no utility and no person smarter than a chimpanzee would invest in it, by God you are overestimating the intelligence of finance and crypto bros.
Lemmyoutofhere@lemmy.ca 1 month ago
Because it is nothing more than gambling.
Homo_Erectus@lemmy.zip 1 month ago
And money laundry
NateNate60@lemmy.world 1 month ago
Thank you for repeating the same thing that I said
boboliosisjones@feddit.nu 1 month ago
I think the reason has little to do with investors and more to do the bitcoin being the backbone of the online black market.
Knock_Knock_Lemmy_In@lemmy.world 1 month ago
The online black market shifted to monero ever since the “Dreaded Pirate Roberts” was identified and arrested via his bitcoin accounts.
Dodgy people may hold bitcoin, but the don’t use it for illicit transactions.
Mubelotix@jlai.lu 1 month ago
You actually can, because it behaves in 4 year cycles. Bitcoin ATH have been in August 2017, 2021 and 2025, and dips have been in December 2018, 2022 and 2026. This why people are selling right now, everyone knows this which makes it self-fulfilling
PeriodicallyPedantic@lemmy.ca 1 month ago
You’re acting like you could predict this year based on 2 data points.
boonhet@sopuli.xyz 1 month ago
Why 4 though? How do we know it’ll repeat?
PacMan@sh.itjust.works 1 month ago
Sell off right now for the Space-X IPO will bounce back in a few months
NateNate60@lemmy.world 1 month ago
Old investing adage: The market can stay irrational longer than you can stay solvent.