Wow, I took 2 days break from Bluelight to chill out, and I will probably catch up on the last 7 or 8 pages sometime but not tonight.
Hopefully the crypto markets don't crash out from under me this summer because I absolutely will not be able to follow them
for good chunks of time. But I honestly do think blockchain is finding its place in the world. We gotta take some of this
power back from the banks!
I think the bull run will still be on by then, but shit moves so fast in crypto.
I posted about this elsewhere but I'm deep in the shitcoin game right now, turned $500 into $3k over the past week and have some new plays that may make that rate of gain much faster. But it does take a lot of time and closely watching. Especially with the shitcoins.
i hear this is a social thread i'm going to gently slide into the conversation
Hey there, welcome.
Please do slide in! Always good to have more people in here.
No the energy consumption isn't temporary, the miners essentially verify the transactions, and they get BTC as a reward. The less bitcoin there is, the lower the rewards are, so with the current BTC infrastructure they'll never all be mined.
They'll probably change the bitcoin protocol in x amount of years but for now there's no clear solution for the energy consumption problem. Mining is necessary to verify the transactions. If it ever gets adapted that's gonna be a major problem with billions of transactions happening every day.
I see the market decoupling from Bitcoin, in fact I believe it is already happening. BTC has the biggest name recognition, but BTC has been stagnating while the altcoins have been exploding. Now the Binance Smart Chain has a network that is basically the Ethereum network, but with negligible fees and near-instant transactions, and there is a whole ecosystem with many billions of dollars in it that has nothing to do with Bitcoin whatsoever, not to mention the already existing Ethereum ecosystem, and some new ones too, like Polygon (MATIC). In fact, the primary trading pairs on all the major exchanges are already Tether pairs, not BTC pairs. BTC trading pairs have a tenth or less of the volume of USDT pairs. Prices are still listed in satoshis on CMC but that's not how it's being traded.
I hope BTC decouples entirely from the market, as BTC is the shittiest crypto for functionality, basically. It's old and clunky and immensely wasteful of energy, with huge fees and transactions that take an hour or more to go through, and its very design ensures it remains wasteful as it is a proof of work algorithm. Basically it's a dinosaur and I hope it is overtaken, it will be better for the planet and solve probably the biggest problem with crypto, and the best argument against crypto continuing (BTC uses as much power as the entire country of Argentina, which is absurd and not a good thing).
I mean not even two weeks actually I had to do the right thing. I wouldn't wanna hurt anyone's feelings or just tell them what they wanna hear so I can sleep with them. Im searching for a real true love right now and have to have karma at my side if I hope to succeed. I'm glad I didn't take the benzos also, I actually feel quite nice at the moment toasty as a mofo my friends.
You definitely did the right thing. You don't owe her anything after such a short time, and if you continued it now that you've realized it won't work, that would only make it worse for her as she grew more attached to you. Sucks for her, but she'll get over it quick. The vast majority of relationships don't work out, it's just how it is.
