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A comment on Coinbase’s listing may break records. Parent comment

Re:Coinbase’s listing may break records by randomsearch on Tuesday April 13, 2021 @03:59AM (#26789395)
I think it increases the chance not of legitimisation but of a govt bailout when either (a) Bitcoin threatens to melt the planet or (b) bitcoin’s value collapses, because there isn’t a (c) I can see.
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Re:Coinbase’s listing may break records by rocqua on Tuesday April 13, 2021 @04:11AM (#26789484)
Why can't bitcoins price "stabilize" by fluctuating inside the 1000 to 200000 range?
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Re:Coinbase’s listing may break records by pta2002 on Tuesday April 13, 2021 @06:02AM (#26790233)
I'd say 20000% fluctuations are hardly stable, no?
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Re:Coinbase’s listing may break records by jcpham2 on Tuesday April 13, 2021 @04:21AM (#26789551)
a) it totally can b) proof work uses as much electricity as proof of work needs, the internet cry-for-help crowd likes to recite made up numbers
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Re:Coinbase’s listing may break records by ac29 on Tuesday April 13, 2021 @07:41PM (#26801066)
> b) proof work uses as much electricity as proof of work needs

No, proof as work uses as much electricity as is profitable. The entire Bitcoin network could trivially be run on a single PC.

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