[stack]

1 bitcoin is worth over 210,000 NOK (around 21,560 USD) and it increases in price because of interest if you keep it in the bank or whatever.
Gold increases in price too but 1 ounce is worth less than a bitcoin.
It would be better to buy 1 bitcoin instead of gold in my opinion.

You just lost $4500...

[Алёна]

1 bitcoin is worth over 210,000 NOK (around 21,560 USD) and it increases in price because of interest if you keep it in the bank or whatever.
Gold increases in price too but 1 ounce is worth less than a bitcoin.
It would be better to buy 1 bitcoin instead of gold in my opinion.

You just lost $4500...

For my parents who bought like 0.0005 bitcoin (or something) they actually earned money slowly.
Also, my info is outdated sorry.

[Drantanborg]

Bitcoin seems to be not in a good shape nowadays. What do you think of that? Is it a good time to invest in cryptos or is it better to wait some time to see what will happen to them?

[Rushy]

Bitcoin seems to be not in a good shape nowadays. What do you think of that? Is it a good time to invest in cryptos or is it better to wait some time to see what will happen to them?

In what way is Bitcoin "not in a good shape nowadays"? It's been well over a decade since Bitcoin was released to the public and it's (mostly) the same as it has ever been. The crypto market is more robust than ever, despite the ongoing attacks by media outlets.

If you're referring to the FTX debacle, that was only one exchange that taught new players a very important lesson: don't trust centralized authorities.

[stack]

BTC seems to be doing ok. No better, no worse than anything else really. I mean if you bought in late 2020 and held, you would have doubled your money today...

[Rushy]

It seems we're being repeatedly targeted by spambots gluing themselves to the "bitcoin" keyword and advertising "exchanges". Please report anyone in this thread or others advertising exchanges and be careful not to click any links related to cryptocurrency advertisements. There have now been at least two time I'm aware of that a bot has attempted to spam in this thread.

Note that "Bitcoin seems to be not in a good shape nowadays" has been the common theme so far.

[Pete Svarrior]

Their usual pattern of behaviour is to create an innocuous post and edit it some time after the fact to evade detection; this is particularly effective in active threads.

I deleted the "Drantanborg" account above before it had a chance to edit, but clearly failed to delete the post itself. Feel free to be trigger-happy with reporting if a brand new account is acting suspicious.

[Алёна]

@Rushy
If I buy 1 bitcoin and wait 9 years, what would my bitcoin be worth?

[Rushy]

@Rushy
If I buy 1 bitcoin and wait 9 years, what would my bitcoin be worth?

1 bitcoin

[Алёна]

Alright, smartass. What I actually mean is what would my Bitcoin be worth in Dollars ($$$) or Norwegian Krone (NOK)?

[Rushy]

Alright, smartass. What I actually mean is what would my Bitcoin be worth in Dollars ($$$) or Norwegian Krone (NOK)?

If I could predict the financial future of commodities and currencies with such great accuracy as to answer your question then I wouldn't be here to answer it in the first place. I'd be busy banging 69 chicks at the same time on my 420 billion dollar superyacht.

[Rushy]

From their high of over $1,100 they are now worth about half of that. I hope you haven't put too much of your savings into them.

lol

Bitcoin hits fresh record, races toward $100,000 as rally continues

https://www.cnbc.com/2024/11/21/crypto-market.html

[juner]

From their high of over $1,100 they are now worth about half of that. I hope you haven't put too much of your savings into them.

lol

Bitcoin hits fresh record, races toward $100,000 as rally continues

https://www.cnbc.com/2024/11/21/crypto-market.html

lol. lmao, even.

[xasop]

lol. lmao, even.

Is that really a lmao scenari o?

[AATW]

https://www.bbc.co.uk/news/articles/cj3eg3n11gvo

This clown has been getting a lot of coverage in the press over here.
There's zero chance that he will ever find the hard drive. If he ever did it would pretty likely be broken anyway.

[Tom Bishop]

https://www.bbc.co.uk/news/articles/cj3eg3n11gvo

This clown has been getting a lot of coverage in the press over here.
There's zero chance that he will ever find the hard drive. If he ever did it would pretty likely be broken anyway.

Why is there "zero chance" to find the hard drive? It sounds pretty straight forward to me. Since much of the garbage is in plastic bags and protected by the garbage above and around it, printed text is often preserved for some time. Map out and visually split the landfill into various sections and layers. Take 5 random samples of expired food labels at different points to identify which sections/layers belong to which years, and then use the samples to estimate and further narrow down the area for further sample collecting. Once the year is found, divide it into smaller areas and take further samples and find the correct quarter or month.

Next, divide that area further and find the correct neighborhood based on the postal addresses on the mail, refining again based on nearby neighborhoods. With systematic randomized sampling and directed refining of the sample collection process, it should be possible to narrow it down. The general process can be adjusted depending on whether the garbage is primarily allocated by time or origin location. Whether the hard drive is still recoverable is questionable, but the chance of finding it is definitely above zero.

[AATW]

Why is there "zero chance" to find the hard drive?

Dear Lord, Is there anything you won't pick a fight about? Do you really not understand rhetorical devices or are you just pretending not to?

Tips are big. Hard drives are small. You're talking about years of rubbish.
Obviously it's not completely impossible - if it's there at all - but I don't like his odds.
So yes, his chances are above zero. Well done, you "won" this argument.

But they're low enough that it seems to me like he's wasting his time. Which is clearly what I meant.
And I'd be surprised if it still works even if it is found.

[Tom Bishop]

They wouldn't be spending significant time going through "years of rubbish" though. They are sampling different areas to determine which small portion needs to be analyzed further. What I described could probably be done by two or three people in a couple of weeks to find the area. First they map out the entire landfill, and have two guys in protective gear who do nothing except look at the dates and addresses in the garbage, radioing in the results to a third guy with the maps and data who compiles the information and directs them on which coordinates to go to next, which is basically the children's prediction game of "Hotter, Hotter, Colder Colder". All the data to refine and direct the search is in the garbage.

The worst that happens is that you lose out on a few weeks and a few thousand to your helper friends in doing this. The best that happens is that you find the hard drive and the magnetics are still recoverable enough for a treasure of £620 Million.

[Dr Van Nostrand]

https://www.bbc.co.uk/news/articles/cj3eg3n11gvo

This clown has been getting a lot of coverage in the press over here.
There's zero chance that he will ever find the hard drive. If he ever did it would pretty likely be broken anyway.

This will be like the Treasure of Oak Island. For years to come, generations of people will spend millions of dollars digging through the garbage. Occasionally, they turn up a little piece of trash that could be from the same area and time frame which reignites the hunt. Eventually, it could be a reality TV show.

[infinity]

Dear Rushy. Why are a considerable amount of  Bitcoin investors of a alternative lifestyles? Not that's anything wrong with that. But it sure is a mystery. Can you enlighten us rushy?