You can’t eat a bitcoin. Etc.
But all of the same applies to the Euro.
It also applies to a peanut-butter sandwich if you have a peanut allergy. Furthermore, Bitcoin does have an intrinsic value: The ability to transact securely, permissionlessly, almost frictionlessly, moving money around the world with the click of a button. It is an intangible value, but it is a value that is intrinsic to the nature of Bitcoin itself. That drives its value as social money. € and $ don’t have this value.
That's an intrinsic property. That has value to many of us in the modern world but it's not intrinsic value. |
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Looked? I'm sure he must be blind too.
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Common ECB, get with it, no intrinsic value is a feature not a handicap you fools. Besides, the tulip spiel is ridiculously tired, try again. @FrankElderson
: Tulips are beautiful flowers. For those who remember 17th century Tulip Mania, they also serve as a reminder of what can happen when prices don’t reflect intrinsic value #AskECB https://twitter.com/ecb/status/1371856153370574854?s=20There's no such thing as intrinsic value anyway. All value is subjective. |
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my math is bad "lol". this is really terrible, if I buy Bitcoin when it price $0.06, I just hope to forget about Bitcoin for a moment and remember Bitcoin 10 years later  Unfortunately, the way that tends to work is you go back home and say "Mum, do you remember that PC I had ten years ago?" and get the reply "It kept getting in the way and I needed somewhere to put the exercise bike so I threw it out". And similar stories. |
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BTW, you can write the exact numerical value of Pi with just 2 digits: Pi = 10 Pi. And, of course, there's always the famous e^(i*Π)+1=0 |
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Careful now.
Yes, it's been covered, it's roughly a barrel of land.
How many hogsheads is that?
What flavour is that? Metallic piss?
Correct. |
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Having said that, I also regret not buying Bitcoin at $0.06, and not mining it in the early days. I guess I did not know about it enough at that time, to realise its potential. Funny thing is, I hated the word "Bitcoin" when I first heard it, but now I find it one of the most beautiful-sounding words in any language!
Yes. I saw it crop up occasionally on sites like Slashdot and just assumed it was yet another online "virtual currency" like several others that had been attempted. (thinking about it, possibly yet another way that "working for a living" may have cost me more than I earned). As soon as I actually looked into what it was, I was fortunately in a position to understand its implications and from there, it was a mad scramble, culminating in a fairly risky transaction which fortunately paid off since actually buying Bitcoin was tricky and mining was already starting to become only for the dedicated. |
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If there's one way in which Twitter shouldn't be used, that is it!
No, that would be "at all". |
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Those can/bottle holders...
Intriguing!
Many US beers must be kept at cold temperatures to suppress the flavor. Fortunately the situation is improving. |
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Computing Pi beyond 40 digits is pointless except as an academic exercise. Any phone today can compute pi to 100 digits even with inefficient programming. The most distant spacecraft from Earth is Voyager 1. It's about 12.5 billion miles away. NASA only needs 15 decimal digits of pi to have an error margin of 1.5 inches at that distance. If we used 40 digits of pi, you could calculate the circumference of the entire known or visible universe. About 46 billion light-years. To an accuracy equal to the diameter of a hydrogen atom. There is no need for 1 million digits of pi, or waste 100 days to calculate trillions of digits. https://www.jpl.nasa.gov/edu/news/2016/3/16/how-many-decimals-of-pi-do-we-really-need/I think I just printed pi on one of my school paper notebooks or something to 50 digits and used that as the cover. 3.1415xxxxxx ... heh. Interesting fact: I was interested as to whether lifting the restrictions on characters in domain names had had any effect and http://Π.com/ is valid. |
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You folks are scaring me. * nullius checks his ticker. 1 BTC = 1 BTC. Ah, what a relief. (The dollar got a bump up to 1720 sats; but the bubble can’t hold. Yawn.) Whenever you start to get worried about Bitcoin, you can just wait a couple of hours and some government somewhere will do something stupid. |
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How do you determine that the Bitcoin price is not overvalued?
Just take a look at the book from any exchange. On the one side are people who think Bitcoin is overvalued and want to buy it for less than the current market price, on the other are people who think Bitcoin is undervalued and want to sell it for more than the market price. So the real question is what is the value to *you*? No one else can answer that for you (though many will attempt to try). |
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You must know your stuff about hard drives. Are SSD hard drives less reliabe than spinning disk ones?
Someone here recommended avoiding SSDs for storing important stuff.
SSDs are great. But... I have had spinning disk hard-drives which I have been able to recover all important data from as they began to fail where SSDs I've had that have failed just suddenly stop working completely. Though the truth is that you should have a backup strategy and use it (RAID is not a backup). Two is one and one is none. All storage equipment is ephemeral. My configuration of choice for workstations is an SSD of low-to-intermediate size for the OS and games that like fast disks and large spinning storage for a secondary. Laptops get a larger SSD because they *really* benefit from it and usually have fewer options. If your needs are simple, backup directly to an external drive is fine. If more complex, get some network storage as it's easier to manage backups from a single point than multiple devices. |
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That would pretty much mean a total break of SHA-256. The purpose of a cryptographically secure hash is to make the outputs computationally pseudorandom with respect to the inputs. You imply some clever way to use a correlation between the inputs and outputs for other types of calculations. Even MD5 (or even MD2) isn’t that broken.
There are ways to successively approximate PI using random numbers. Now, I'm not saying it *can* be done or even suggesting how (I'm smart but not that kind of smart). I'm just saying it wouldn't surprise me. PI is one of those kind of fundamental constants. |
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The Bitcoin network cannot calculate the digits of π.[/url] Not at all. Not even one digit. That is the meaning of “ ASIC”. Furthermore, as I mentioned briefly, the algorithms used to set these pi calculation records are I/O-limited, not CPU-limited. You know, while I'm sure you're completely correct, it wouldn't surprise me if some clever bod found a way to exploit some characteristic of hashing to be able to calculate PI using some tricky methodology. |
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It's like NotLambChop is back.
 Haha. Where did you find that? When I went back through Lambie's history, most of the images were hosted on some platform that no longer exists.
It is not your fault, just as some are seeing ghosts now thanks to that hoax there are some people using the OK symbol with that intention, which is why I shared my techniques to keep making it and keep yourself safe or troll people if you want, I am sorry lets just forget about it, this has been a bad day for everyone as bitcoin is now barely above 60k.
Sadly, your technique may not even protect you. That poor hispanic guy got fired when he was just flexing his fingers (some speculate he may have been flicking boogers). |
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But I'm ok with getting beaten over the head for making that observation. So keep the bashing going... Have a sucky day already....  Huh. It was you that started the bashing but whatever. As for sucky days, new ATH for Bitcoin, my son's birthday and I finally got around to adding an 8TB mirrored array to my server? Yeah, that sure bites...  I may have to open a nice bottle of red to help get me through the rest of the day. |
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Edit: BTW to me the OK symbol is just that but if someone else wants to read more into that then they are free to do so but i will make a point of trolling them in real life when they do.
Yes, the whole OK symbol thing was a hoax from 4chan to troll the soft-headed. And as you say, he's not doing it anyway. Fortunately, Wilhelm admitted to raging TDS so we can just pretend it never happened. |
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Nice White-power symbol...   |
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