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I mined 4 days and I haven't got not even one FCN!
Is it normal?
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I have several noob questions:
1. What is "block explorer"?
2. Can I MM all the BCN-MRO-FCN or just two of them?
You must choose which pair you'll mine FCN-MRO or FCN-BCN. Unfortunately, MM all the BCN-MRO-FCN isn't carried out |
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I had the same problem as c789
amphibian, thanks for your willingness to help at any moment!
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Let's make a change from calling our wealthy brethren "Bitcoin Millionaires" to "Bitcoin Barons"
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I would consider buying the painting if I understood who the characters are. Is there a description of the characters depicted?
Many might find that picture to be offensive, which is one reason it's interesting.
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Where's the multinational representation? If bitcoin is going to work, a bunch of rich white guys aren't going to do it on their own. We need strong relations with the rest of the world. It is after all a global currency...
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Time to distance ourselves from the Bitcoin Foundation.
I don't think it really serves the average "bitcoiner" anyway, it seems more like an engine which works for the members own purposes and benefit. Just another economic entity hidden behind a veil of community.
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The Bitcoin Foundation is an ineffectual consortium of self-interest, operating under the guise of benevolent advocacy. They need an enemy.
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Most people view bitcoin as a money-making scheme, hoping that the value will rise dramatically due to the design-limited supply. If you're always thinking in your head that 10 years from now a coin will be worth $100k, there's a lot of pressure to not spend today. If the case for bitcoin was really cheaper, faster, better payments, there would not be so much focus on speculation.
This is why I feel it has features of a ponzi scheme (Downvote mode initiated for 99% of the people reading this). The early investors are promising spectacular things, hoarding, driving up the price so that they can dump at the expense of the late comers. |
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Most people view bitcoin as a money-making scheme, hoping that the value will rise dramatically due to the design-limited supply. If you're always thinking in your head that 10 years from now a coin will be worth $100k, there's a lot of pressure to not spend today. If the case for bitcoin was really cheaper, faster, better payments, there would not be so much focus on speculation.
To add to that, because of the hoarding the available supply dwindles. If most people are holding out for $100K coins then the coins available to buy for $500 will be less and less. Supply and demand starts to creep in. Low supply, high demand, high price. |
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If you're always thinking in your head that 10 years from now a coin will be worth $100k, there's a lot of pressure to not spend today.
Quite a few of us think the pressure to spend shouldn't exist in the money supply. Spending should be deiced on the merits of the exchange, not spurred by fear of loss due to inflation. When your currency stops throwing bricks though your windows real economic gain will be realized. |
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the biggest problems with bitcoin that I see are:
1) It offers no real advantage for consumers for day-to-day spending than cash or a credit/debit card - it's just more complicated. It's easy to dismiss this if you are tech-savvy, but think of the dumbest person you know. This could probably be improved with better POS terminals, etc.
2) Getting money in/out of bitcoin is still way more difficult than it needs to be
3) You can't buy hardly anything with it - and the incentive for merchants to accept it is low given the volatility and the fact that all of their bills are in a different currency. Instant conversion back to dollars kind of defeats the point if you ask me.
4) Most people view bitcoin as a money-making scheme, hoping that the value will rise dramatically due to the design-limited supply. If you're always thinking in your head that 10 years from now a coin will be worth $100k, there's a lot of pressure to not spend today. If the case for bitcoin was really cheaper, faster, better payments, there would not be so much focus on speculation.
I guess if you are only looking at bitcoin right now then yeah you have a point. But bitcoin a few years from now will be an entirely different animal. It's like the vast majority of criticisms are like blaming a zygote for not having a job yet. |
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Interesting. This reminds me of the status of the banking industry in the US prior to a central clearinghouse, with each one issuing their own notes... I wonder if soon there will be an industry in China popping up that will accept these notes with a schedule of discounts depending on which bank issued the acceptance draft.
Does the PBOC act as a clearinghouse for private banks in the same way the Fed does? Since they are communist-ish over there I'm not sure to what extent their monetary system functions in the same way as those in the West.
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ALS is such a horrible disease which I hope we start to get a handle on in the future. He is an inspiration. I have had the honor of caring for several people affected by this disease and I will say he is not the exception, but the rule.
He served to harden the framework of bitcoin in the very early days and we all owe him a debt of gratitude to making our lives (even those who don't use bitcoin) just a little more secure.
ALS is a terrible terrible disease and its so sad that so little progress has been made even though it has been 80 years since Lou Gehrig's raised awareness. Its also sad that research budgets for fighting the disease are relatively small. One organization working hard to fight ALS is ALSTDI ( http://www.als.net/) . For anyone reading this, please consider them when you are deciding on your charitable giving. |
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I hope you made more than one copy of cold storage. For example of you made a paper Waller have a hand full of copies. Wouldn't want to find out your "secure" copy got destroyed.
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Are they suggesting that centralized development is good?
About the dust example: if the dark wallet team decides to ignore it, the majority will force it one way or the other. If the majority rejects dust, miners who accept them will lose out. That is kind of the strong point of decentralization.
If Bitcoin breaks because there are multiple implementations, then it should do so, the faster the better.
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This would be great. Trying to diversify my coins, I've ended up with tons of different wallets. Even better would be if you could make it operate without needing to download a giant blockchain, like Electrum does.
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How are you going to take electronic dollars? Don't banks have to allow you to run an exchange? That would mean it's regulated.. which doesn't really sound like the bittorrent of exchanges.
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Oh god I wanna get one. Who knows how it's possible to transport this giant to Europe? It's really brand new possibilities opening with this thing.
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