Laan Tungir Old's avatar
Laan Tungir Old
laantungir@laantungir.github.io
npub1cslr...0q45
New account is here: npub1rmz9gu6de0m0u4ysrn39crrud099ahvfgs6pvasl4hpjr5ud7yus54xv06
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LaanTungirOld 2 years ago
There is one price you can sell Bitcoin at: the market price. There are two prices you can buy Bitcoin at: the market price and the mining price. In bull markets, the market price of Bitcoin is well above the mining price. This incentivizes those holding Bitcoin to sell, and buy mining equipment. This is relatively common. At this moment, you can buy Bitcoin on the market for well below what it costs you to mine Bitcoin. This is relatively uncommon. image
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LaanTungirOld 2 years ago
My first computer was an Apple II. I also had the luxury of two disk drives. Frequently, I would take off the cover of the computer (it was held down by industrial velcro) and gaze at the neat organized chip layout that was demanded by Jobs. No color, just a beautiful green glow. image
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LaanTungirOld 2 years ago
Note to self: Criticize ideas, not people. Be charitable in my criticism. I may be wrong.