Now all ransomware "hackers" will be able to easily buy Teslas, a nice incentive for people to get into that business.
Mixers are not that effective these days.
How not? Can you point some research in this direction?
Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
101–110 of 1001 posts
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#102I don’t know if it’s related but Binance is completely down. Is there a reliable broker out there?
Coinbase
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#1032020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
Care to elaborate more?
You mention the podcast, but not why it has made you think of it as a set of red flags.
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#104I bought $100 of BTC a while ago for fun. I watched it go up and down and mostly up. I got bored, and sold it for cash to donate... literally an hour before the big spike just earlier. I know about the fallacies of predicting the market. I understand 20/20 hindsight. But to actually experience it is such a strong lesson. To be flooded with, "ohhh I'm such an idiot!" and then think about how there's just no way I coul…
One should not ever sell Bitcoin, because it's a deflationary coin. Circulating Bitcoin is just lowering its value.
Except of course that if you never sell it, its value has magically dropped all the way to zero, which is even lower than the value you would have gotten from selling it.
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#1052020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
>who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot").
Did I misunderstand when I thought he was a liar in two out of three of those cases?
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#106Legitimizing Bitcoin more than offsets the environmental benefits of electric vehicles.
The energy cost of running the bitcoin network is ~constant in relation to the number of transactions processed. Cost of running the network also goes down with time as fewer bitcoins are issued as block rewards. It goes up with the price of bitcoin, as more miners spend electricity on mining. Those things have historically led to increased energy costs for the network, but in the future they could well lead to decre…
I always understood that there is only a limited number of transactions in each block. So higher transaction number = higher block number needed and therefore likely higher competition and higher transaction cost.
This means that more blocks needed = more miners motivated to mine.
Does the higher number of 'failed' mining not also increase with the number of miners?
And proof of work increases with each block does that not imply higher energy cost per mined block?
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#1072020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
TeslaCharts has been flatly and inarguably wrong about 100 times by now, especially around things they declare “impossible according to the laws of physics.”
To me it sounds like a person with an obsession trying to scour the internet for anything potentially bad, and it’s just sad.
Elon’s flaws are pretty transparent. You don’t have to dig for them that hard.
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#108This is going to be one of those events that everyone points back to after the crash to show we had reached peak bubble. Like AOL buying Time Warner etc.
You could be right, but I strongly believe that's too early and that there's more to come.
This and the markets' reaction are absolutely part of the left side of a hype-mania bubble that will have some event(s) like that but your guess is as good as mine
Re: Tesla buys $1.5B in Bitcoin, may accept it as payment in the future
#1092020 has completely changed my perception of Tesla and Musk. I had this image of a benevolent genius who is sometimes misunderstood ("funding secured", "pedo guy", "Autopilot"). Came across Teslacharts' podcast [1] (now the Chartcast) and oh boy was I wrong. This is only the latest in a long series of red flags around Tesla/Musk and however it ends, it will not end well. [1] https://thechartcast.com/
Please do not leave comments like this without _some_ elaboration. Linking to a one hour long podcast is not sufficient, especially without so much as a timestamp.