Crypto Currency - Believers Only

benson

But are they allowed to sell it to UK investors?

Hursty

benson They are US based ETFs, not sure if Uk investors can get involved, I’m personally not interested as I’m more involved in the technology side of crypto. Trad-Fi is legacy and risky to me.

Funky

Are we all riding shib to the moon then 🤑.

Hursty

Meme coins aren’t for me, personally think they are bad for the industry as lots of people will lose out and the media will jump all over it.

That said, enjoy the profit if you get any

Funky

Tits are jacked or jacked tits.

Wally

ETH on a tear today. 👍🏻

Hursty

Wally yep, on its way to 10k

Amps

Am I too late to jump on Shib?

Hursty

I would say it’s extremely risky, it’s just a useless meme coin that people are pumping based on lies to thickets around the world.

Spoke to a couple of people this week who think it’s going to $1 per coin, you can’t make this up, even basic maths skills would help you realise this is not possible

Wally

SHIB buying is responsible for ETH burning and the price rise so I’m all for other people plowing the life savings into SHIB 👍🏻

benson

Serious question, what about setting up my own mining rig?

Hursty

benson for which crypto asset to mine?

There is global shortage on hardware to mine as well so you’ll be paying through the nose to acquire some

benson

I just wanna get rich slowly. ETH or BTC I guess.

Use the cheap leccy overnight.

Hursty

benson You’ll be needing some hefty kit then, check this place out https://compassmining.io/hardware

Wally

Places that make dedicated hardware supposedly mine coins using them until the next gen are ready to go then release them so you’re buying used hardware that’s already out of date.

ETH is changing to proof of stake early next year so proof of work coin mining isn’t going to work for it any more.

Wally

Does anyone know what’s going to happen when bit coin hits its token limit next year or so. How are bitcoin miners going to get paid to keep doing transactions?

Hursty

Wally It’s not going to be next year, more like mid 2040s, we are only at the 6.25 BTC halvening, long way to go yet!

When it eventually happens, miners will make all of their profits from tx fees

Wally

Transaction fees are currently paid in bitcoin though aye? What does it switch to?

Hursty

Wally It will continue to be Bitcoin, the users pay the fees remember

Hursty

https://cdn.plus500.com/Media/ArticlesMain/Bitcoin-Halving-Table@0,75x.png

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