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NottsRam77

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  1. Clap
    NottsRam77 reacted to Comrade 86 in World of crypto   
    If you'd bought at £12k 14 months back and sold at £56k you'd probably not be overly stressed though Stive. I don't see fiat as being quite the bête noire that NottsRam does, though I agree with some of the principles he outlines. I'd also argue that 'spendability' (sorry made up word, but you get my drift) will increase as institutional investor holdings grow, though my strategy has always been to trade and play in the cracks and then use any resulting fiat to invest in something with a lower risk profile. The last time I cashed out any significant amoun (alt coins not BTC), I used some of the profits to put a down payment on a flat for the boy and stuck the rest into BTC. I won't get that cash back, so I won't benefit as such, but you can see how others might by adopting the same strategy. The trick is trying to accurately estimate when hold or fold and my thinking on that is not to worry about what you might leave on the table as when the crypto market goes full bearish, it's an overnight thing and that's really the only thing that gives me significant pause for thought. 
  2. Like
    NottsRam77 reacted to Stive Pesley in World of crypto   
    I understand why you would (from all the very well reasoned posts you've made) - but to me, option C is by far the highest risk strategy (unregulated and volatile) of the 3 - hence one of the reasons I'm disinclined to go anywhere near it. Also ethically I don't feel comfortable with it, as I've mentioned before a few times!
     
  3. Like
    NottsRam77 got a reaction from Stive Pesley in World of crypto   
    Multi sig wallets.
    as i mentioned, it takes some planning but no more than a will does
    but lets be honest when ur young ur not thinking about planning ahead and when ur gone 
  4. Cheers
    NottsRam77 got a reaction from Comrade 86 in World of crypto   
    Some great points 
  5. Like
    NottsRam77 reacted to Stive Pesley in World of crypto   
    Key difference is that those accounts are deliberately secret and the owners never mention them. As opposed to BTC where the HODLers never shut up about how much they are into their crypto 😂
    Oh definitely - which is why there is a whole industry of "estate hunters" trying to track down obscure 5th cousins for a percentage of the pot in all these unclaimed estates. Because probate law applies and if you can prove you are the next closest living relative, the bank will release the funds. Crypto is just a dead duck though. You'll be dead before you brute force a SHA-256 hash
  6. Like
    NottsRam77 reacted to GboroRam in World of crypto   
    I'm trying to get my head around this at a macro level and I'm struggling tbh. It's a complicated subject and I'm not an economist. 
    I can see that inflation happens as a result of the capitalism ponzi scheme. Governments issue debt to banks at an interest rate, which creates money. More money creates inflation. Governments use this method of kicking the can down the road to let future generations pay for today's spending. 
    So if you stop the money creation, you stop the inflation - but you stop governments from spending money outside of what bitcoin mining allows for the creation of. Currently governments metaphorically click their fingers and money is created. 
    The population is growing, but if money creation is slower than the population increase, effectively your money value goes down. Unheard of with bitcoin, because it's value only goes up - because you swap it out for Fiat currency that is in plentiful supply. 
    I'd say if you want to make money out of bitcoin, the last thing you want is to swap it out for Fiat as the basis of your country's economy. 
  7. Haha
    NottsRam77 got a reaction from Stive Pesley in World of crypto   
    The answer to this is a deep conversation that i dont think any of us have the energy for 😂😂
    Shorthand version
    inflation, moving off the gold standard, greedy governments, reckless spending and borrowing, limited supply, deflationary etc etc etc lol
  8. Haha
    NottsRam77 got a reaction from eddielewis in Summer transfer suggestion thread   
    We’re so signing oliver rathbone no matter which league we’re in lol
  9. Like
    NottsRam77 reacted to Mucker1884 in Depression, anxiety, stress and other related issues   
    Such anniversaries are never great mate.  We just have to soldier on, I guess.
    Not long passed both my parents birthdays (late Jan & early Feb), and whilst it does technically "get easier" as the years go by, the fade is admittedly minimal, and it still smarts over 4 decades later (Yeah, they both failed to reach their 50's!)
    Personally, I go for a little nod towards "a birthday celebration", be that a short-sharp happy memory, a raised glass, or even a cheery wave skywards (if nobody's looking!).  It doesn't do to dwell on the negatives, but I appreciate that can sometimes be easier said than done.
    Hang on in there buddy... and give the wave a try to the (not-so) old man, on his birthday!  🍻
  10. COYR
    NottsRam77 reacted to Leeds Ram in Depression, anxiety, stress and other related issues   
    Always hate this month as it would have been my dad's birthday. This year he'd have been 60. Also got the additional stress of my academic job contract running down and trying to work out if I'll get an extension or not... with my industry in the doldrums it's not a fun time to say the least. Also been feeling really down generally with work and struggling to find the motivation to finish what needs to be done. 
  11. Like
    NottsRam77 reacted to B4’s Sister in Depression, anxiety, stress and other related issues   
    It’s a hard week. Daniel’s brick is being laid at PP this week. Daniel loved owls, so I bought a small owl ornament for the brick. Trying to distract myself with work but it’s hard 

  12. Haha
    NottsRam77 reacted to Amberram in Mystery Announcement? Friday 05/04/24 08:20am   
    Ferrie Bodde signing
  13. Clap
    NottsRam77 got a reaction from Ram-Alf in Match Thread: vs Portsmouth (a)   
    My first thought when i saw it unfold was that sibs was wrong side of his/a/ his nearest man. 
     
    one of those things, lovely lay off from bishop i think it was 
  14. Like
    NottsRam77 got a reaction from I know nothing in Match Thread: vs Portsmouth (a)   
    Good point
    like many im sure, a little disappointed we sat so deep so early and invited them on to us. I get why .. just wish we could have been a few yards higher but .. its football, game momentum is a big thing. 
    work rate was phenomenal to a man. 
     
    we go again 
    coyr!!!
  15. Clap
    NottsRam77 reacted to Sam_Brown in Your fans were great tonight.   
    Probably the best away support I’ve seen at Fratton park this season. Draw was probably a fair result and I’d have taken that if you offered it to me before the game.
     
    Safe journey back gents if you’re heading back tonight. I have a four hour plus drive to Norfolk now 🤣🙊. 
  16. Cheers
    NottsRam77 got a reaction from TINMANTED in Match Thread: vs Portsmouth (a)   
    Good point
    like many im sure, a little disappointed we sat so deep so early and invited them on to us. I get why .. just wish we could have been a few yards higher but .. its football, game momentum is a big thing. 
    work rate was phenomenal to a man. 
     
    we go again 
    coyr!!!
  17. Like
    NottsRam77 got a reaction from HorsforthRam in Match Thread: vs Portsmouth (a)   
    Good point
    like many im sure, a little disappointed we sat so deep so early and invited them on to us. I get why .. just wish we could have been a few yards higher but .. its football, game momentum is a big thing. 
    work rate was phenomenal to a man. 
     
    we go again 
    coyr!!!
  18. Like
    NottsRam77 got a reaction from Caerphilly Ram in Match Thread: vs Portsmouth (a)   
    Good point
    like many im sure, a little disappointed we sat so deep so early and invited them on to us. I get why .. just wish we could have been a few yards higher but .. its football, game momentum is a big thing. 
    work rate was phenomenal to a man. 
     
    we go again 
    coyr!!!
  19. Like
    NottsRam77 got a reaction from Stive Pesley in World of crypto   
    I think they would do very well to hoover it all up 
    70% of coins haven't moved in a year
    and 50% havent in since the last bull run.
    there are a lot of long term holders that believe it will go to 1million who wont sell just cos it gets to 100k, 200k etc etc.
    i agree that blackrock are .. well theyre blackrock and your right they are a concern but if they keep buying the price is going to keep going up and up.
    And remember the amount of coins being minted per day is about to be halved (circa 14 days)  .. which on its own has seen exponential growth years gone by. Nevermind when u have some of the biggest hedgfunds in the world hoovering up as much as they can. 
     
    its going to be an interesting ride lol
  20. Clap
    NottsRam77 got a reaction from cstand in World of crypto   
    Describes a little more eloquently than i can 
    https://www.forbes.com/sites/digital-assets/2023/09/21/why-bitcoin-mining-might-actually-be-great-for-sustainability/
    There ya go 
    Stabilizing Power Grids
    Matching supply with demand is one of the most significant challenges facing power providers. Too much energy production can overwhelm the grid. But so can too much demand. This is where bitcoin comes in.
    Bitcoin miners can act as an energy sponge, soaking up excess energy when needed to prevent it from overloading the grid. But they can just as easily shut off at a moment’s notice when demand grows too high, as bitcoin miners did during a heat wave in Texas last month. The ability of bitcoin miners to do everything—or nothing—all at once is a boon to power providers. But it can also benefit customers by mitigating demand spikes to help keep prices low.
    Reducing Methane Emissions
    Methane is a significant driver of climate change. According to the KPMG report, methane is 80 times more potent than carbon dioxide and is responsible for approximately 30% of global warming. To make matters worse, landfills act as methane mega factories, spewing toxic gas into the air as a byproduct of the decomposition process.
    So what to do about all this methane? Believe it or not, bitcoin fixes this.
    Companies are finding ways to capture vented methane on landfills and then turning that methane into electricity. They then use that electricity to mine bitcoin. This practice both reduces carbon emissions and monetizes stranded energy by taking toxic fumes and converting them into digital gold. If the process can be scaled, it could forever change the way landfills operate.
    Other firms are following a similar model by converting flared gas into electricity to mine bitcoin. Like methane capture, this process harnesses energy that otherwise would have gone to waste. Consider that the potential energy of flared gas in the US and Canada could power the entire bitcoin blockchain, according to Harvard Business Review.
     
  21. Clap
    NottsRam77 reacted to DavesaRam in Match Thread: vs Portsmouth (a)   
    Or we take the Brian Clough approach of play to his strengths, ie give him the ball and let him do what he is good at, rather than him spend time doing what he is weaker at. It got the best out of Alan Hinton, and John McGovern - neither of whom were known for “Ebou Adams” like challenges. And no, this isn’t an attempt to compare Brian Clough and Paul Warne! Don’t even go there!
  22. Clap
    NottsRam77 reacted to Gee SCREAMER !! in Match Thread: vs Portsmouth (a)   
    He looks lost when starting games and is best used as an irritant in the last 25 if your protecting a lead.  He'd be swallowed starting in this one.
  23. Like
    NottsRam77 got a reaction from cstand in World of crypto   
    Great question… will explain in the morning when i havent had a few sherberts to get over todays s*** show 
    im glad you have asked though as this is half the reason i created this topic as i knew there would be people asking this sort of question .. and rightly so as the bull market started… and as fellow rams i dont want to see anyone get burnt by buying into a shitcoin that u may lose everything from
    will explain in due course 
  24. Clap
    NottsRam77 got a reaction from cstand in World of crypto   
    Ok … here we go.. please remember im saying this in good faith and non of it is meant to sound condescending 👍
    If have read any of my previous ramblings.
    the reason bitcoin is different to every other altcoin is that no one person or entity can control bitcoin.
    no one can decide to mine more that the current limit of coins per day (900) .. soon to be 450. 
    no one can shut it down, no one can change the rules on how it works it is totally and utterly decentralised.
    altcoins arent… 
    alt coins are created by individuals, collaborations, companys or anyone who knows how to. 
     
    they are centralised, they are controlled by said creators. They make the rules, they can change the rules, the can print 1million coins today… then 10 million coins tomorrow. They can tuen their network on, off and shake it all about if they wanted to. 
    examples of these are solana, celo, ethereum, xrp, ada etc etc 
    now within these chains u have developments .. aka meme coins.. that are the s*** of the s***.
    from experience… i used to mess about on the celo network.. cos it had the same utility as ethereum but its gas fees were buttons.. unlike ethereum.
    i found with celo loads of “projects” that i could earn 10, 20, 25 and at one point 50% on my stablecoins (usdc, usdt .. stablecoins are a 1-1 representation of a digital dollar).
    I thought well thats winning .. wont get that in the bank.  
    so i loaded up a load of usdc (celo digital dollar) and went onto a load of these “projects”. 
    sure they paid out… mobius (mob) , immortal (immo) pinniata (pinn) and god knows what else.
    all these sites had their own tokens which if u held offer u governance on their sites and higher interest rates… so u could vote on the path the project took.. all a big scam.
    These tokens .. are literally worthless,
    they are held in their millions by the developers who are sat waiting to dump onto jo public. But they pay influencers to shill their tokens to try and convince people this is the next big thing.
    fortunately i quickly realised this and got out with my monies in tact.
    but non of those projects lasted more than a year or so.. and shock horror those developers wrapped it up and moved onto the next “project” .. meme coins are basically scamland.. my advise is to stay well clear.
    so in summary u have
    bitcoin
    altcoins
    s*** of the s*** meme coin tokens
    And its up to u how tolerant to risk u are as to where u put ur cash.
    s*** of the s*** meme coin tokens.. u may as well go down the casino and put ur money on red or black
    altcoins, some have good utility.. but imo end of the day ur investing in something controlled by someone else. They can print as many coins one day as they want. they could shut it down tomorrow. They could get hacked tomorrow.
    can u make money from them, yes of course if u buy in at the right time.. i just see them as a risk as theyre controlled by a third party
    bitcoin is everything these things arnt and is a totally different animal 
    hope this helps a little 
    feel free to ask anything iv missed 
  25. Haha
    NottsRam77 reacted to G STAR RAM in Match Thread: vs Northampton Town (a)   
    First of all he was a clown for not getting a striker in.
    Next he is a clown for getting a striker in and wanting him to run. 
     
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