Bitcoin

HammerDown said:
“nothing backs Bitcoin” (the most powerful computer network on Earth)

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Here's the deal about what you just posted:

What the fuck does that mean?

Not poo pooing bitcoin but what does all the hashes per second mean and how is that make bit coin more bad ass?

I really want to jump in the game bit not being much of an investor outside of 401k, these terms mean nothing to me.
 
Godstree said:
1000010083-jpg.115930

Costco stock up a tad.....
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Love Costco. Up 40.85% on it right now. Not counting the special divi last month. Waiting for a dip to add more
 
dhoey said:
Love Costco. Up 40.85% on it right now. Not counting the special divi last month. Waiting for a dip to add more
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Special dividend was nice. Gonna do another one this month. Much less though...
 
Godstree said:
Here's the deal about what you just posted:

What the fuck does that mean?

Not poo pooing bitcoin but what does all the hashes per second mean and how is that make bit coin more bad ass?

I really want to jump in the game bit not being much of an investor outside of 401k, these terms mean nothing to me.
Click to expand...
Basically it’s the hashpower of the Bitcoin network.

The hashpower rate is way more important in reflecting the true value of Bitcoin than a price chart.
 
Godstree said:
Here's the deal about what you just posted:

What the fuck does that mean?

Not poo pooing bitcoin but what does all the hashes per second mean and how is that make bit coin more bad ass?

I really want to jump in the game bit not being much of an investor outside of 401k, these terms mean nothing to me.
Click to expand...
Look into the Fidelity Bitcoin ETF
 
HammerDown said:
Basically it’s the hashpower of the Bitcoin network.

The hashpower rate is way more important in reflecting the true value of Bitcoin than a price chart.
Click to expand...
Ok. So what is or how does hash power work? Some monkey hitting the hash key is what I have in mind. Lol
 
Godstree said:
Ok. So what is or how does hash power work? Some monkey hitting the hash key is what I have in mind. Lol
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I think it has something to do with the amount of user utilization across the platform.

Disclosure: Its a guess:

1707527639741.png
 
Godstree said:
Someone got a chart on the acronyms for me?
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It’s just an ETF; exchange traded fund. An easy way to own Bitcoin in a 401 if you’re scared to just buy it on an exchange. Google the Bitc ETF and you’ll see it’s broken every single record.
 
Godstree said:
Ok. So what is or how does hash power work? Some monkey hitting the hash key is what I have in mind. Lol
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Hash Rate: How It Works and How to Measure
www.investopedia.com

Hash Rate: How It Works and How to Measure

Hash rate is the measure of the computational power in a proof-of-work (PoW) cryptocurrency miner, pool, or network. High hash rates equal better odds of winning.
www.investopedia.com www.investopedia.com
 
HammerDown said:
It’s just an ETF; exchange traded fund. An easy way to own Bitcoin in a 401 if you’re scared to just buy it on an exchange. Google the Bitc ETF and you’ll see it’s broken every single record.
Click to expand...
Why thanks for the info sir
 
CorpRebel said:
Hash Rate: How It Works and How to Measure
www.investopedia.com

Hash Rate: How It Works and How to Measure

Hash rate is the measure of the computational power in a proof-of-work (PoW) cryptocurrency miner, pool, or network. High hash rates equal better odds of winning.
www.investopedia.com www.investopedia.com
Click to expand...
Alright.

I will invest some but I ain't figuring out what you posted. Lol. Oh my.
 
You guys have any idea what's about to happen?

ETFs setting all-=time records in the first 72 hrs, buying an average of 8,000 BTC a day.

900 being issued per day.

That gets cut in half in less than two months.

There is a catastrophic supply shock coming.
 
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