At 46, I am too old to drop 10g's on a computer dodad to give me numbers that can be converted into credits.....but good luck to those who want to. I do hope you guys have some skills that make or repair something tangible as a backup plan.
Mining for bitcoin?
- Thread starter 180splitg3
- Start date
mattferg84
WKR
It dont think its a profitable as it used to be. I agree with the other posts, look into mining something else. I tried to buy a helium miner last week but the website was overwhelmed and crashed. They are going to try to use a different payment processor and do it again this week. Its the MTND miner if you wanna look into it. I was also buying Bitcoin mining contracts on Gate IO a few weeks ago but they sell out fast and are very limited. They sell for $40 a piece and run for 7 days. You get your money back around 5.9 days then everything else is profit after that. I tried to buy 100 contracts a couple weeks ago but they sold out. Hopefully they start releasing lots more in the future.
Perhaps I could interest you in a parcel of make believe land in the Metaverse for $4,300,000? Or perhaps a piece of digital art (NFT) for $91,800,000?
At 54 this is hard for me to comprehend:
A plot of virtual land that went for $4.3 million in The Sandbox is the most expensive metaverse property sale ever
The new record broke the one set just last week by Metaverse Group, which bought digital land for 618,000 mana, or about $2.43 million at the time.
markets.businessinsider.com
Top 15 most expensive NFTs ever sold - Dexerto
While the NFT market has slowed, some of the most expensive digital pieces have sold for tens of millions of dollars. Here’s the top 10.
www.dexerto.com
That's virtually impossible for me to even want to take the time to read.Perhaps I could interest you in a parcel of make believe land in the Metaverse for $4,300,000? Or perhaps a piece of digital art (NFT) for $91,800,000?
At 54 this is hard for me to comprehend:
A plot of virtual land that went for $4.3 million in The Sandbox is the most expensive metaverse property sale ever
The new record broke the one set just last week by Metaverse Group, which bought digital land for 618,000 mana, or about $2.43 million at the time.
Top 15 most expensive NFTs ever sold - Dexerto
While the NFT market has slowed, some of the most expensive digital pieces have sold for tens of millions of dollars. Here’s the top 10.
DAOutfitters208
WKR
At 36 its hard to comprehend.Perhaps I could interest you in a parcel of make believe land in the Metaverse for $4,300,000? Or perhaps a piece of digital art (NFT) for $91,800,000?
At 54 this is hard for me to comprehend:
A plot of virtual land that went for $4.3 million in The Sandbox is the most expensive metaverse property sale ever
The new record broke the one set just last week by Metaverse Group, which bought digital land for 618,000 mana, or about $2.43 million at the time.
Top 15 most expensive NFTs ever sold - Dexerto
While the NFT market has slowed, some of the most expensive digital pieces have sold for tens of millions of dollars. Here’s the top 10.
william schmaltz
WKR
If you are participating in social media on any level (which you are by being on Rokslide) it should be extremely easy to comprehend. When my grandpa was my age, it was hard for him to comprehend why anyone would buy a combine when you could pull a harvester behind a tractor. When my dad was my age, it was hard for him to comprehend a person having a phone in their pocket. If 20 years ago you would've told the vast majority of the people over the age of 45 on this forum that this is how they would spend their spare time, they would've said "sounds dumb, I'll never do that. I'd rather just go hunt or talk to my friends at Cenex about hunting." But here we all are.
If Lamborghini came out with 500 limited edition cars tomorrow and said I can get in early and buy one for $15,000 I would be all over it. I have no desire to own a Lambo, but I would for a little bit if I knew I could flip it. I view most crypto, metaverse land, and NFTs the same way. I own a bunch of metaverse land and piles of NFTs. I will likely never use any of it for the intended use, but who knows. I can see the writing on the wall because here we are all living online and it's tenfold more with each generation. Within the next decade I will sell my JPEGS and pretend land and be able to own sections of real hunting land among other hunting trips - it's even looking like much sooner than I thought at this point. I paid for my 2021 moose hunt with crypto and I'll pay for my musk ox trip in a few months with crypto too. That's how I view it. So people can keep resisting new technology and talking down on it, or learn a bit and capitalize on it. History has shown us over and over which is more fruitful. Even if you don't intend on "using" these things, I would highly suggest getting involved. The greatest transfer of wealth in the modern age is underway. This isn't a once in a lifetime opportunity to get in on the ground floor of this, it's once in human existence.
Anyways, back to mining!
If Lamborghini came out with 500 limited edition cars tomorrow and said I can get in early and buy one for $15,000 I would be all over it. I have no desire to own a Lambo, but I would for a little bit if I knew I could flip it. I view most crypto, metaverse land, and NFTs the same way. I own a bunch of metaverse land and piles of NFTs. I will likely never use any of it for the intended use, but who knows. I can see the writing on the wall because here we are all living online and it's tenfold more with each generation. Within the next decade I will sell my JPEGS and pretend land and be able to own sections of real hunting land among other hunting trips - it's even looking like much sooner than I thought at this point. I paid for my 2021 moose hunt with crypto and I'll pay for my musk ox trip in a few months with crypto too. That's how I view it. So people can keep resisting new technology and talking down on it, or learn a bit and capitalize on it. History has shown us over and over which is more fruitful. Even if you don't intend on "using" these things, I would highly suggest getting involved. The greatest transfer of wealth in the modern age is underway. This isn't a once in a lifetime opportunity to get in on the ground floor of this, it's once in human existence.
Anyways, back to mining!
Poser
WKR
william schmaltz
WKR
100% correct. I still invest the traditional way just like I did 10 years ago and would suggest everyone does that and is ready for a complete implosion of crypto. I started into crypto with a small chunk of extra investment money and money from selling a bunch of stuff and it has proven to be one of the better decisions I've made. I've already got more than my initial investment protected so I'm not sweating. But, after doing extensive research into crypto and seeing on paper who is invested (banks, corporations, and governments mainly), I'm not too worried about it going anywhere; at least not like I was 5 years ago.
Numbers can buy you stuff till they can't....like the late 90's and 2008. Those years, you had better have your possessions paid for and tools at your disposal. 401k literally vanished.
Lathes didn't.
If it can't be touched, I proceed with caution. Grandparents in prison camp, parents living through a depression and watching 2 solid market plummets in my lifetime has made me beyond cautious of ideas of wealth.
Im not even 50 and own every possession outright. To me, that is as wealthy as I need and safer than most.
Lathes didn't.
If it can't be touched, I proceed with caution. Grandparents in prison camp, parents living through a depression and watching 2 solid market plummets in my lifetime has made me beyond cautious of ideas of wealth.
Im not even 50 and own every possession outright. To me, that is as wealthy as I need and safer than most.
Customweld
WKR
I read your comments on the stock trading post and have come to the conclusion that you have an uncanny understanding of the crypto and digital world. I have a small amount in crypto and try to read as much as I can about it, but it makes my eyes glaze over and my brain checks out!
mattferg84
WKR
I see what youre saying but it seems to be a little different now. Kids dont care if the stock market crashes, they will keep gaming and web 3 technology will continue to grow regardless. They understand that the value of the dollar is crashing and you have less purchasing power than you did last year. By doing a little research you can make your yearly salary in just a few months or less and have way more financial freedom than working 50-60 hours a week getting paid for 40 hours.
That's awesome. I had that kid. He's 23 and wanted to live in my house forever playing the market living off his "intrest" claiming $20k a quarter.
I let him amass 20k and then I sent him out on his own. Now less than a year later he has a job. It seems that the market isn't always predictable.
Fwiw, I did 64% on my accounts last year....and I still don't buy intangibles.....nor borrow against my assets, regardless of how cheap money gets....because the day you can't pay it's over....but only if you owe.
mattferg84
WKR
I agree, you cannot time the market and things can get volatile real quick. And you could lose your ass in a hurry if you dont know what youre doing. I dont want you to take this the wrong way but I know 64% in the stock market is great but it would absolutely bore me to death - I like to live dangerously with crypto lol.
Elon Musk Torches Zuckerberg's Metaverse Dream: 'You Can Put a TV on Your Nose, I'm Not Sure That Makes You in a Metaverse' - National File
Elon Musk thinks Mark Zuckerberg's metaverse dream will amount to a passing fad.
nationalfile.com
Is Elon talking about the same thing?
I normally can’t stand the guy, but I loved Elon’s comments bringing some reality to the situation. If enough people talk about it, it becomes real, right?
Web3 and associated bullshit could be the next big thing, but I just can’t fathom how dehumanizing humans is beneficial for humanity and therefore sustainable over the long term. At this point, it’s all nerd speak. Me, I’m gonna hug my daughter, tell her she’s smart and beautiful, and take my son hunting. I’m gonna focus my energy on real life and real relationships.
Web3 and associated bullshit could be the next big thing, but I just can’t fathom how dehumanizing humans is beneficial for humanity and therefore sustainable over the long term. At this point, it’s all nerd speak. Me, I’m gonna hug my daughter, tell her she’s smart and beautiful, and take my son hunting. I’m gonna focus my energy on real life and real relationships.
SWOHTR
WKR
I think Elon’s version of the meta verse is going to Mars.
william schmaltz
WKR
Elon has been talking about the metaverse for a decade, it's just not the word he uses. In that article, it says that he was "seemingly underjoyed" by the prospect of a neuro link device. That is wildly false. There are days worth of videos and articles you can find where he talks about working on creating a neuro link. So that's his "metaverse". He just uses a different term, but he's predicted it for easily a decade. He doesn't see people having a TV strapped to their head because he sees people having it programed right to their brain or through a contact lens. He's said multiple times that we are already all cyborgs because we essentially live online. Just that our phone is an inefficient link between us and our virtual worlds. An OCULUS with body sensors speeds that up and his Neuro Link takes it one step further (in his words.)Elon Musk Torches Zuckerberg's Metaverse Dream: 'You Can Put a TV on Your Nose, I'm Not Sure That Makes You in a Metaverse' - National File
Elon Musk thinks Mark Zuckerberg's metaverse dream will amount to a passing fad.
Is Elon talking about the same thing?
Also, Elon thinks that Doge Coin is a good project, so it's pretty obvious he doesn't have a clue what he is talking about when it comes to crypto (which he admits in that article).
I think this is all crazy. And I think Neuro Link is crazy. And I have no desire to strap a TV to my face. But again, I think a good amount of people like the thought so I'm going to take a chance to cash in on it with some spare money. I agree that people are not going to live solely in a metaverse and I hope we're right. But it will be just like how some people play video games for an hour at night or spend it on social media. People will participate in Social media and video games on the metaverse. The OCULUS is by far the most asked for Christmas gift for high/middle school aged kids. The tide at least in the short term (next few years) says that the majority are least going to experiment with it. That's what I see, and that's why I'm not scared to put money in.
Here we are on a site where everyone has little made up names with a picture avatar to live in an anonymous online world with like-minded individuals. Like it or not, we are technically already participating, just on a different level....
Do with that what you want:
Gary Vay-Ner-Chuk on Instagram: "History likes to repeat itself .. I’ll see y’all in 2029"
137K likes, 2,229 comments - garyvee on December 19, 2021: "History likes to repeat itself .. I’ll see y’all in 2029".
www.instagram.com
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