Chad MacDonald

#Bitcoin

[Chad MacDonald @ChadKMacDonald]

@johnpfreem @DerekCressman There’s kind of a trade-off between the money it cost to supply the electricity to break the code, and the price of bitcoin. But apparently, China doesn’t give a shit, and is not allowing people to mine there, and for some reason, those people think Texas would be a good idea.

[Chad MacDonald @ChadKMacDonald]

@johnpfreem @DerekCressman Bitcoin is like gold; you have to mine it, but instead of pick axes and dynamite, you use codebreaker algorithms and a shit ton of electricity. Whenever somebody breaks a code that is seriously difficult to break, they get some bitcoin for their efforts 1/2

[Chad MacDonald @ChadKMacDonald]

@cryptorecruitr You’re a good person who cares. This puts you in a rare class. Engaging with the haters is a phase I went through several years ago; it got out of hand. But when I thought about myself dying someday, I knew I wasn’t going to look back with pride at all the haters I had owned.

[Chad MacDonald @ChadKMacDonald]

@TheCryptoLark Answer me this: what point of you it doesn’t matter from? Because obviously, it makes some kind of difference

[Chad MacDonald @ChadKMacDonald]

@CryptosR_Us Hitting your target purrrrfectly

[Chad MacDonald @ChadKMacDonald]

@mtmikey11 @cryptorecruitr I can’t. All I can say is that there sure seems to be a correlation. Yellow boxes are Elon tweets. Tell me what you think:

[Chad MacDonald @ChadKMacDonald]

@TylerSCrypto @TylerSCrypto you were supposed to say, “none taken”.

[Chad MacDonald @ChadKMacDonald]

@TylerSCrypto No offense to toddlers in Barney costumes.

[Chad MacDonald @ChadKMacDonald]

@Vilux__ @cryptorecruitr To be fair, Dan often talks about corrections in his videos. I could easily point out a dozen examples. All those guys talk about up and down scenarios. Normal market cycle corrections - even very volatile ones - are fine; it’s these market manipulations that are so difficult

[Chad MacDonald @ChadKMacDonald]

@cryptorecruitr And that Miami conference…wow. “Decentralized” doesn’t necessarily mean “leaderless”. Reasonable, non-greedy people need to wrest the narrative from the two extremes before this thing crashes and burns.

[Chad MacDonald @ChadKMacDonald]

@cryptorecruitr The “it’s a normal dip” theory is fine, except that timing and consistency of the Elon dips is suspect. You wouldn’t build a fortress on sand, and I’m trying to find a rational way to fold this into a wise strategy for myself and my family. This is unforeseen and unforeseeable.

[Chad MacDonald @ChadKMacDonald]

@PistoffM @cryptorecruitr Nice reframe. Wrong.

[Chad MacDonald @ChadKMacDonald]

@cryptorecruitr This whole market makes me nervos

[Chad MacDonald @ChadKMacDonald]

@TheCryptoLark Tell me, what have we learned? It’s hard to fold this into the reality of what crypto is trying to do.

[Chad MacDonald @ChadKMacDonald]

@TheCryptoLark Imagine owning Bitcoin when the whole economy enters meltdown. Remember, crypto has never experience a massive market disruption even as seen in 2008.

[Chad MacDonald @ChadKMacDonald]

@TheCryptoLark

[Chad MacDonald @ChadKMacDonald]

@TylerSCrypto @elonmusk Dude. Fuck Elon. No one guy should have the ability to affect these markets like this