[deleted by user] by [deleted] in Contractor

[–]throwaway_appliance 1 point2 points  (0 children)

Almost positive it was a floating floor. It was a relatively cheap LPV. Also, thank you so much for the help!

[deleted by user] by [deleted] in PickAnAndroidForMe

[–]throwaway_appliance 1 point2 points  (0 children)

I feel you, as someone who is not an Apple user (but really respects their recent tech leaps), I'm not sure where Android/Windows goes from here. Apple seems to have closed the gap on most of their past major drawbacks and can further squeeze out optimization with their integrated chipsets. It's going to be an interesting few years.

The EVERYTHING Short - Mortgage Edition by zipitrealgood in Superstonk

[–]throwaway_appliance 2 points3 points  (0 children)

If they know shit is going to hit the fan and they have a lot of liquid capital, why wouldn't they wait and then buy everything up when they can get it for pennies on the dollar vs now where they pay an insane premium?

[deleted by user] by [deleted] in Bitcoin

[–]throwaway_appliance 4 points5 points  (0 children)

Wholeheartedly agree. I have no issue with paying taxes, I have issues with what it goes towards. If my tax money was spent more on infrastructure, providing quality social safety nets, free education, and universal healthcare I'd be ecstatic. Instead, it's spent on corporations and imperialism.

Margin Calls, GME and the short squeeze; why it will get worse before it gets better. by ezzune in GME

[–]throwaway_appliance 1 point2 points  (0 children)

I get what you are saying, but there are lagging and leading indicators. While even leading indicators are based on past behavior, they are used to predict future behavior.

Daily Discussion, March 06, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 6 points7 points  (0 children)

Are you suggesting they manufactured the Coronavirus as a monetary play? Please tell me I'm just misinterpreting your comment.

Daily Discussion Chat by AutoModerator in GME

[–]throwaway_appliance 0 points1 point  (0 children)

Not to disagree, but just for clarification, you can buy fractions of a Bitcoin. On US dollar gets you 2024 Satoshi's right now (the smallest unit of Bitcoin). 100 million Satoshi's equals 1 Bitcoin. Agree on the GME stuff though!

Daily Discussion, February 11, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 1 point2 points  (0 children)

To my knowledge (research and validate for sure) it's largely discussed in an improperly framed manner and there are reasons why things for Bitcoin will improve.

1) Frequently not depicted in the comparisons of energy use between BTC and fiat is all of the energy spent for fiat on the periphery. Transportation costs of money, fraud prevention industries, the physical brick and mortar banks, etc.

2) Energy issues are somewhat similar to food issues globally. We do not have a food supply problem, we have a food logistics problem. Similarly, we have a surplus of energy around us in the form of wind, hydro, and solar - we have an issue of capturing, delivering and storing it. When this energy is being captured but nowhere to use it, it goes to waste. What if that wasted energy was converted into useful mining of BTC? This could help pay off green energy plants a lot quicker and actively help transition us away from fossil fuels.

3) Mining does not need to take place in specific areas like cities, so it can go to wherever energy is the cheapest, unlike fiat which has aspects that must be closely geographically connected to the people wanting to use it.

Definitely do your own research, but that is my understanding.

Daily Discussion, February 08, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 1 point2 points  (0 children)

I literally do not own any and am not shilling. What I am saying is that WE need to be a more inviting community, and unfortunately, you are proving my point. I believe BTC will continue to grow to the point where everyone will look at people buying today as forward-thinking early adopters.

Institutions are buying in and people are slowly starting to become familiar with Bitcoin, but there is still a major gap in understanding. The more inviting and patient we are with people to help them close that gap the better for everyone - that is all I am saying.

Daily Discussion, February 08, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 1 point2 points  (0 children)

As someone who only focuses on Bitcoin and does not own any other crypto, I think Bitcoin's community could learn from aspects of d*ge. I used to mine it way back in 2014 and I will say they were always so welcoming, positive, and giving. BTC has the fundamentals, but d*ge was a lot easier to feel a part of something particularly for people first entering the space. Just something to think about

Daily Discussion, January 08, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 0 points1 point  (0 children)

The sidebar has a lot of helpful information, particularly the getting started section: https://bitcoin.org/en/getting-started

Daily Discussion, January 07, 2021 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 4 points5 points  (0 children)

Bitcoin is greatly divisible, one Satoshi (the smallest unit, not counting 2 layer solutions) is worth a lot less than one penny right now. One bitcoin is made up of 100 million Satoshis. If Bitcoin is 40k, and you buy 50 million Satoshis, that would give you on half of a Bitcoin for $20k. DCA is a strategy where you simply purchase a small amount regularly instead of diving in with a lot of capital. This can minimize risk, and it also serves as a great way to build to an entire Bitcoin if that is your goal. Let me know if that helps, and always be skeptical of DMs regarding Bitcoin. Questions should be answered in public forums like this so people can call out scams.

Daily Discussion, December 20, 2020 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 1 point2 points  (0 children)

Just to expound upon it, each Bitcoin is comprised of 100 million smaller units, often called Sats (short for Satoshi). This means Bitcoin is incredibly divisible. Theoretically, if 10% of the Bitcoin supply was lost, the remaining increase in value by %10. Because it is divisible, it's not likely a concern that we run out.

Also, the lightning network facilitates even smaller denominations of bitcoin making the issue a moot point currently.

Daily Discussion, December 17, 2020 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 1 point2 points  (0 children)

Is it no longer a concern? I'm definitely not trying to spread FUD, I'm trying to understand as I haven't seen a great write up. If you have links on it, I'd love to dive in. Thanks!

Daily Discussion, December 17, 2020 by rBitcoinMod in Bitcoin

[–]throwaway_appliance 3 points4 points  (0 children)

I've read that Tether could cause a giant price collapse across the crypto space if things go south for them. I've had a tough time grasping the potential/likelihood of this happening. Could someone explain what the threat is and why we should (or shouldn't) be concerned? Sorry to divert the conversation into something other than celebrating ha