News for hackers. Stuff that matters.
Re:Bitcoin miners are buying power plants by mountainriver on Friday April 16, 2021 @08:32AM (#26833066)
Bitcoins wild fluctuations based on speculation would say it’s not a safe place to store value over time
Re:Bitcoin miners are buying power plants by BTCOG on Friday April 16, 2021 @10:22AM (#26834234)
Interesting that you should say the opposite of what JP Morgan is now saying. That the wild fluctuations are steadily going away as volatility has been calming down quite a lot.
Re:Bitcoin miners are buying power plants by arcticbull on Friday April 16, 2021 @12:19PM (#26835823)
JPM like Goldman are only interested in selling their clients what they want. It's what they do. And it's only to benefit themselves. These are the bankers Bitcoin was trying to overthrow lol doesn't that ring alarm bells? Remember?
Re:Bitcoin miners are buying power plants by BTCOG on Friday April 16, 2021 @01:03PM (#26836432)
We typically use the bankers as a sentiment indicator to show you folks who like bankers, that the bankers are getting into Bitcoin. The beauty in Bitcoin is these bankers enter in an equal or lower playing field to those involved. We don't seek permission from, or worry about said bankers.

They are pawns, if you will, to point to as jumping off points to your average Joe and say "Look! Your favorite X,Y,Z institutional guy is into Bitcoin now!" That is all.