BitCoin has now crested $12,000 USD.

[Odinson]

I thought the welfare rates in Northern European nations were quite generous?  He should be able to invest at least a little bit.



Odie, you will regret not listening to Ace!  You will regret life of poverty and squalor.

They are only generous if you are a negro or a muslim..



A big, healthy white guy with a practical trade like myself doesnt get but the bare minimum and not for long...





I´m forced to apply for a job or else I´ll be chopping rocks with a pickaxe.. Getting paid less than 3bucks/hour.

[Odinson]

Cheap vodka is still 20bucks per bottle...



Cant even have a decent bender with just welfare money.

[Angry White Male]

You poors!  You fools!  In just a few days I earned an increase of almost $5,000, on a $10,000 investment.  I would have put more in sooner, but the way I fund the account, I have daily and weekly limits.



At midnight, my weekly limit resets, and I will start to throw in another $10,000, in increments of $2,000, which is my daily limit.



If Ace is confident to throw in another $10,000, and you poors are not, you will remain poor!  Get in before this shit starts to get traded on the regular stock market, which will be soon...



https://image.ibb.co/jFehXw/Capture.png">

[Angry White Male]

You chimps!  I just made another $500 in a couple of hours.



Get in here both poors and elites alike!

[Anonymous]

Bitcoin went up over $3700 today alone..



In January, 2017 it was worth over $900 Canadian and today it's over $21,000.

[Angry White Male]

Get in on it!  When this shit goes public, it will rise even higher!



The next month could be the most important time in your life, to not be a poors!

[Anonymous]

Get in on it!  When this shit goes public, it will rise even higher!



The next month could be the most important time in your life, to not be a poors!

It's supposed to be listed on the Chicago Board of Exchange next week.

[Angry White Male]

NOW you know one reason why it's screaming up, and I want to get in as much as I can, before that happens.



However, I am taking a big risk in doing so, but so are others.

[Anonymous]

Not about it's skyrocketing value, but still interesting.



BITCOIN MINING GUZZLES ENERGY—AND ITS CARBON FOOTPRINT JUST KEEPS GROWING



Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day. And miners are constantly installing more and faster computers. Already, the aggregate computing power of the bitcoin network is nearly 100,000 times larger than the world's 500 fastest supercomputers combined.



The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year.

https://www.wired.com/story/bitcoin-mining-guzzles-energyand-its-carbon-footprint-just-keeps-growing/">https://www.wired.com/story/bitcoin-min ... s-growing/">https://www.wired.com/story/bitcoin-mining-guzzles-energyand-its-carbon-footprint-just-keeps-growing/

[Angry White Male]

I do know that a lot of mining is now done in third world countries, where electricity is relatively cheap.  It doesn't really pay anymore for many people to consider mining these days.

[Anonymous]

I just saw on the news,  a small operation in suburban Vancouver that mines  crypto currencies in their garage..



They had to rent a bigger place because they couldn't get enough electrical  power.

[Angry White Male]

As time goes on, bitcoin becomes harder and harder to "mine"...  it was purposely made this way.

[Anonymous]

As time goes on, bitcoin becomes harder and harder to "mine"...  it was purposely made this way.

They mentioned that which means using even more power.

[Angry White Male]

The whole idea is to limit the supply of bitcoin over time.

[Frood]

Bitcoin is hotter than ever. Is it time for the average investor to get some skin in the game?



Only if you've got cash to spare, says Mark Cuban, the billionaire investor and Shark Tank host.



"It's still very much a gamble," Cuban said of buying Bitcoin in a recent interview with MONEY. "It could go to $15,000 or zero and maybe both on the same day."



The price of Bitcoin recently shot past $13,000, and experts are split on whether the cryptocurrency is a good investment or not. Several stocks are soaring on the rising fever, and the infamous Winklevoss twins have been minted "Bitcoin billionaires" thanks to its meteoric rise in valuation over the last year. There could be at least 200 Bitcoin billionaires in the world already, and some people are even selling off their own assets and betting on Bitcoin as a longterm strategy for wealth accumulation.



But old-schoolers like Vanguard's Jack Bogle are saying you should avoid Bitcoin speculation "like the plague." Meanwhile, billionaire Thomas Peterffy of the brokerage Interactive Brokers recently warned that a Bitcoin futures market could lead to a "Lehman-brothers style collapse" of the whole financial system.



Cuban says he owns Bitcoin himself, along with another cryptocurrency, Ethereum—but with a net worth of roughly $3.3 billion, and assets like the Dallas Mavericks, he can afford to take some risks. Which is essentially his mantra right now on how regular people should approach Bitcoin.



If it's money you need to depend on and can't afford to lose, don't do it," Cuban said. "If you have money you can gamble with, then it's worth taking a shot."

http://time.com/money/5052218/mark-cuban-bitcoin-advice/">http://time.com/money/5052218/mark-cuba ... in-advice/">http://time.com/money/5052218/mark-cuban-bitcoin-advice/



Mark Cuban is right. I would never advise my clients to gamble their financial security on bitcoin.

I agree 100% on that for BTC but not all cryptos or ICO's.



Dip your toes in the waters but not the entire feet.