I believe that BTC price is determined by an alcoholic garden fairy, named Phil. He takes his most recent Pacman score (he plays nearly everyday) divides it by the middle two digits of a random phone book entry, then multiplies it by the number of things he can see that begin with the letter 'F'. That, to the power of 3 and dived by Pi, is the current value of BitCoin.
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joined jan 2016
share quentinT and generate bitcoin with reference codes.
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4 posts by quentinT
1 post
+19 votes
on
{bitcoin}
what determines the price off bitcoin?
started topic
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{bitcoin}
what determines the price off bitcoin?
im not an econ guy but im really curious how professionals look at this.
Haha, you write really well. Reminds me of Douglas Adams.
Kudos.
I've posted this before on here but when the Silk Road was a thing (around 2014), I bought 46 bitcoin for $9 each. Spent them all on drugs.
Didn't save any.
Apparently you live and learn but that was a hell of a pill to swallow when they went to $10,000 a piece!
Oh well. Fuckabix.
Cheers BB
Kudos.
I've posted this before on here but when the Silk Road was a thing (around 2014), I bought 46 bitcoin for $9 each. Spent them all on drugs.
Didn't save any.
Apparently you live and learn but that was a hell of a pill to swallow when they went to $10,000 a piece!
Oh well. Fuckabix.
Cheers BB
Feel your pain here but. I've bought copious amounts of bitcoin at £9, £12, £18 in bigger quantities and did exactly what I intended to use them for, buying weed ha. Which was incredible at the time. No regrets, we weren't to know. It was a lot of new scarily complicated information at the time and a lot to figure out. I'd try spend mine as quick as possible as overnight they were way less or sometimes way more, this use to baffle and scare me ha
Pretty much all coins vary in value like stocks do. There is finite supply of coins based on mining, which is using processor power to solve pieces of the block chain which gets more difficult as it progresses. However no matter the amount of coins that are availible if they are not wanted then the price goes down.
Often times certain events influance the demand for the currancy. The reason it went down this time was due to a Coinbase announcement that they where not going to be allowing BCH trades for a specific period after the hard fork that happened just recently. A big BTC holder sokd off a shiload of coin which started it to drop and of course others started following suit and sold off their coin as well. There are also things like market corrections, people pulling out to invest in stock or alt coins and a bunch of other random shit. Some of which is predictable and others very much not so.
Hope that kinda sumarizes things.
Often times certain events influance the demand for the currancy. The reason it went down this time was due to a Coinbase announcement that they where not going to be allowing BCH trades for a specific period after the hard fork that happened just recently. A big BTC holder sokd off a shiload of coin which started it to drop and of course others started following suit and sold off their coin as well. There are also things like market corrections, people pulling out to invest in stock or alt coins and a bunch of other random shit. Some of which is predictable and others very much not so.
Hope that kinda sumarizes things.
The cryto world is even more fickle then the actual stock market. CoinBase is one of the biggest market places / sellers of crypto so it put a lot of people on edge. Been downward a lot since then.
Supply is limited by mining difficulty so it's always growing at a slower rate. Basically coins are getting harder and harder to mine.
How many people want to buy vs sell!
It's the same as the stock market it's customer sentiment.
It's the same as the stock market it's customer sentiment.
You also have the halving coming up, which will further reduce supply, unlike quantative easing from fiat currency.
We believe it is secretly manipulated by a covenant called the "Council of Satoshi." This cabal, are made up of early developers and influential care bears, who control the market and with magic. They orchestrate the sudden surges and crashes to destabilise global finance, creating chaos that forces the world to relook at the global finance system ;)
1 post
+15 votes
use three words to describe little biggy
post human culture
My postman is obviously a stoner, just the way he carries the back all slung back on his shoulder gives it away but he also looks like Wayne (or Garth I can't remember which one is which). I keep thinking I should offer him a bowl of the good shit but he delivers so much weed to me I think I'd be putting him in a bad position.
You got me.
Relax in piece - RIP
Happily ever after.
Home sweet home.
Sunshine at night.
Just 3 words?!
Relax in piece - RIP
Happily ever after.
Home sweet home.
Sunshine at night.
Just 3 words?!
Lol that's poss the best 3 words. Esp goin by the shit that appears in my area as "weed". And the wannabes selling it
Layer of consciousness
Each of the competitors has emotional limbic partners
A light wavwyin accord
Does it matter what substrate
Each of the competitors has emotional limbic partners
A light wavwyin accord
Does it matter what substrate
Would be interesting to see where the locations of all of these are on WhatThreeWords!
Fake weed forum....... bring back the old suppliers. Suppliers these days are all crooks.... firstly they get bulk of weed then put it in a tumbler and shake it to take the crystals off the bud so they can make there pillen and dope then the weed gets sprayed with terps to give the buds a flavour again. This is why the dope is dearer than the weed... absolute scams going on here. People need to wake up and start refusing this poison on here these days. There is a handful of sellers that are legit but 95% on here is selling fake thc grass... all its doing is making people sick
1 post
+1 votes
on
{buy help}
Ship to Italy?
Porre questa domanda al venditore.
È un po’ a discrezione del venditore e del tipo di ordine/spedizione, di solito pero gli ordini internazionali non tendono ad essere rimborsati. Hai già scritto a loro?
Se non ti rispondono fanno pena, mi sa che hai perso i soldi... con chi hai ordinato? Perché ci sono ottimi venditori su lb che magari anche se il pacco non arriva si degnano di rispondere
Eh dispiace anche a me <\3, comunque credo di sì visto che si tratta di un venditore con tantissime recensioni positive.
Secondo me la spedizione oltre frontiera è difficile e rischiosa. L’ideale è qualcuno che spedisce dall’Italia. Solo che per tanto tempo non ho visto nessun venditore italiano. Ultimamente è apparso fessere che ha fumo ma poche reviews quindi non saprei. Potreste provare in piccola quantità da lui e vedere come va. Se qualcuno ordina però fateci sapere. Speriamo che nel tempo appaiono più venditori italiani.
Sono nuovo e ringrazio che ci sia qualcuno già con esperienza. Ma è affidabile? E soprattutto non si incorrono in problematiche sia di spedizione che di legalità?
Ciao.
La prima volta anche io ero scettico, ti consiglio di ordinare solo da venditori con una buona reputazione tipo Radar Breeder.
Per quanto riguarda l'aspetto legalità ; Dipende dalle leggi in vigore, da quel che so in Italia è ancora illegale, però non ti preoccupare, i venditori con un'alta reputazione sanno come impacchettare il tutto in modo tale che non si avverta nessun odore =)
Radar Breeder :
https://littlebiggy.org/link/hFGSh3
La prima volta anche io ero scettico, ti consiglio di ordinare solo da venditori con una buona reputazione tipo Radar Breeder.
Per quanto riguarda l'aspetto legalità ; Dipende dalle leggi in vigore, da quel che so in Italia è ancora illegale, però non ti preoccupare, i venditori con un'alta reputazione sanno come impacchettare il tutto in modo tale che non si avverta nessun odore =)
Radar Breeder :
https://littlebiggy.org/link/hFGSh3
X la legalità, nn c’è nessuno chi può cambiare questa. Se servi aiuto mi mandi un mess in privato.
1 post
+16 votes
America 2024 - What Would 8 years of Trump Reap?
what does hate always bring? war. the only question is the battlefield.
Bankruptcy if history is any precedent
Well, bankruptcy is how the Federal Reserve, a private bank, gained control over the US government in the first place.
4 fucking times? That's not playing the game that's playing everyone you can - which is exactly what he's doing by running for President.
Trump University was another fuck you to anyone that believes in him.
It shouldn't be a game! It should be a second chance. When it becomes a game, it's time to change the laws.
Fascism according to the New Yorker
He'll just be a puppet for some real money interests, like all US presidents of the last 20 odd years. 2 party system is laughable.
It goes back much farther than 20 years... at least 100, or more.
The 2 party system is the biggest joke of all. There is a glimmer of hope...proportional representation. It is not widely used in the US, but is more common in Europe, and other countries. That's why you may see news about a country having problems forming a workable government after an election, because the parties are forced to work with whomever the people elect. As opposed to our 2 party system where we are forced to choose between the 'lesser of two evils'!
This group has been working to promote it in the US, and give good examples, and information.
The 2 party system is the biggest joke of all. There is a glimmer of hope...proportional representation. It is not widely used in the US, but is more common in Europe, and other countries. That's why you may see news about a country having problems forming a workable government after an election, because the parties are forced to work with whomever the people elect. As opposed to our 2 party system where we are forced to choose between the 'lesser of two evils'!
This group has been working to promote it in the US, and give good examples, and information.
It seems like proportional representation would give people a voice. Otherwise outrage is the only way to garner attention.
He stated he wants a strong elite Military so if the start goose stepping I'm going to have to run like and hell out a here
You are not alone, a *sitting supreme court justice* said the same thing!
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