Bitcoin Forum

Economy => Speculation => Topic started by: bluefirecorp on April 24, 2012, 09:49:18 AM



Title: Space exploration have an effect on the market?
Post by: bluefirecorp on April 24, 2012, 09:49:18 AM
http://news.yahoo.com/asteroid-mining-venture-backed-google-execs-james-cameron-011205183.html

Mining rare materials from asteroids. Asteroids may contain gold and silver as well.

Long term effects/short term effects?


Title: Re: Space exploration have an effect on the market?
Post by: SkRRJyTC on April 24, 2012, 11:26:25 AM
Short term effect is 0.  This is still many many years away.
Long term effect is price of metals goes very close to 0.

This is speculation for future generations.


Title: Re: Space exploration have an effect on the market?
Post by: HorseRider on April 24, 2012, 12:09:39 PM
ET will buy some bitcoin. and the price will be higher.


Title: Re: Space exploration have an effect on the market?
Post by: Foxpup on April 24, 2012, 12:20:08 PM
Asteroid mining? Although solar power is more efficient in space than on Earth, you've got a big problem with heat dissipation (GPU fans don't work so well in a vacuum), so I don't think it'll work. Oh wait, you mean mining metal... never mind. ;D


Title: Re: Space exploration have an effect on the market?
Post by: Dan The Man on April 24, 2012, 12:35:16 PM
Asteroid mining? Although solar power is more efficient in space than on Earth, you've got a big problem with heat dissipation (GPU fans don't work so well in a vacuum), so I don't think it'll work. Oh wait, you mean mining metal... never mind. ;D

Passive heat sinks would work so much better in space where you can radiate heat out to the universe (background temperature of about 3 degrees above absolute zero). Just keep the sun side insulated.


Title: Re: Space exploration have an effect on the market?
Post by: disclaimer201 on April 24, 2012, 12:40:16 PM
Is this the Star Trek section of the forum?


Title: Re: Space exploration have an effect on the market?
Post by: Foxpup on April 24, 2012, 12:50:14 PM
Passive heat sinks would work so much better in space where you can radiate heat out to the universe (background temperature of about 3 degrees above absolute zero). Just keep the sun side insulated.
Passive heat sinks require an extremely large area for high-power, low-temperature applications, so you'd likely be using up most of your payload mass for just the heat sink. It's not a very efficient use of resources.

Is this the Star Trek section of the forum?
It's the Speculation section. We're speculating on the viability of asteroid mining and the effect it will have on the Bitcoin economy. ;D


Title: Re: Space exploration have an effect on the market?
Post by: Dan The Man on April 24, 2012, 01:10:49 PM
Passive heat sinks would work so much better in space where you can radiate heat out to the universe (background temperature of about 3 degrees above absolute zero). Just keep the sun side insulated.
Passive heat sinks require an extremely large area for high-power, low-temperature applications, so you'd likely be using up most of your payload mass for just the heat sink. It's not a very efficient use of resources.

Radiative heat dissipation depends on surface area. In zero atmosphere free fall, there are no structural loads. That means you can make really flimsy structures, like foil heat fins. Besides what alternative would you have in space?


Title: Re: Space exploration have an effect on the market?
Post by: Elwar on April 24, 2012, 01:27:00 PM
In space you can use replicators. That will have a huge effect on the market.


Title: Re: Space exploration have an effect on the market?
Post by: Foxpup on April 24, 2012, 02:18:54 PM
Radiative heat dissipation depends on surface area. In zero atmosphere free fall, there are no structural loads. That means you can make really flimsy structures, like foil heat fins.
Hmm. Good point.

In space you can use replicators. That will have a huge effect on the market.
Fortunately, bitcoins are harder to replicate than latinum. ;D


Title: Re: Space exploration have an effect on the market?
Post by: Spekulatius on April 24, 2012, 04:07:14 PM
If you ask me, Bitcoin was invented under the pseudonym "Satoshi Nakamot"o by ET, Godzilla, the Alien Queen and JFK in order to control the population and eventually seize power in 2012 (December 21st!!!).


Title: Re: Space exploration have an effect on the market?
Post by: bluefirecorp on April 24, 2012, 08:34:15 PM
If you ask me, Bitcoin was invented under the pseudonym "Satoshi Nakamot"o by ET, Godzilla, the Alien Queen and JFK in order to control the population and eventually seize power in 2012 (December 21st!!!).

Crazies be crazing.


Title: Re: Space exploration have an effect on the market?
Post by: Foxpup on April 25, 2012, 08:33:58 AM
If you ask me, Bitcoin was invented under the pseudonym "Satoshi Nakamot"o by ET, Godzilla, the Alien Queen and JFK in order to control the population and eventually seize power in 2012 (December 21st!!!).

How exactly is Bitcoin supposed to control the population? Unless... dammit, I knew I shouldn't have used my laptop for mining!


Title: Re: Space exploration have an effect on the market?
Post by: Spekulatius on April 25, 2012, 11:57:08 AM
If you ask me, Bitcoin was invented under the pseudonym "Satoshi Nakamot"o by ET, Godzilla, the Alien Queen and JFK in order to control the population and eventually seize power in 2012 (December 21st!!!).

How exactly is Bitcoin supposed to control the population? Unless... dammit, I knew I shouldn't have used my laptop for mining!

Too bad buddy! U r already under control. Welcome to the slave gang!

http://cache.io9.com/assets/images/8/2008/10/apehis6.jpg

U Monkey!