The economics of Bitcoin mining ensure that there will always be miners that benefit from mining as long as there are transactions paying fees, regardless of the value of a bitcoin.

However, the security of Bitcoin against a 51% attack depends on the value of the mining revenue. If the value of the fees are low, then the security will be low. The real question to answer is then, how low is too low?

Every post on Bitcointalk by satoshi or referring to satoshi: https://www.google.com/search?q=satoshi+site%3Abitcointalk.org

The irony of owning all the bitcoins is that it makes them worthless.

The average number of hashes needed to mine a block is: 2²⁵⁶ / Target

This article might be helpful to you: https://en.bitcoin.it/wiki/Difficulty

Not quite. The hash of a valid block must be less than or equal to the target value. The target value is recomputed each difficulty period, adjusting it depending on the time it takes to mine the last 2016 blocks.

The difficulty is computed from the target value like this: Difficulty = T₁ / Target

where T₁ = 0x00000000FFFF0000000000000000000000000000000000000000000000000000

Likewise, the target can be computed (approximately) from the difficulty like this: Target = T₁ / Difficulty

"because something caused it" is an assumption, and it is not easy to support that assumption. There are many possibilities that I can think of (I haven't really thought about it much, so don't laugh):

• The universe has always existed but only became observable at some point.
• Something transformed into the universe.
• The universe existed before time existed and then time began.
• Time operates like Zeno's paradox, in that time slows as you get closer to the beginning, so you can never get back to the beginning, even though there is one.
• The universe was created by some external process.

If "nothing" exists, then there no absence of existence ("nothing" exists). Existence of nothing is self-contradictory.

Anyway, you can define it any way you want, but when discussing fundamental concepts, such as the origin of existence, I think the meanings of words matter because you have very little else to go by.

BTW, I'm not necessarily trying to contradict you, I'm just bringing up points to consider that I think are relevant.

There are theories that time did not exist before the Big Bang, so there would be no "before the Big Bang".


You are trying to say that we must have always existed because we exist now. That is not necessarily true, depending on how you define "always", "exist", and "now". Sorry for being pedantic. Also, "nothing" cannot exist because "nothing" is the absence of existence.


The room still exists, despite containing nothing and having no walls. It exists as a volume, a location, a memory, etc.

Cyryptocurrencies are illegal in Bangladesh. You are very courageous.

The answer is simple. Investment in Bitcoin is speculative and risky, and most people avoid speculative and risky investments.

Considering that the 1% are just as vulnerable as everyone else, that wouldn't make sense.

I think it would be hard to justify why a block chain would be better for this than another kind of database.

Your post makes no sense. Block chain, machine learning, VR, and AR cannot replace the internet.

Try this:
https://lmgtfy.com/?q=how+to+start+income+from+youtube&pp=1

Deepak Chopra is a well-known charlatan: http://skepdic.com/chopra.html

It appears to me that you are being fooled by something called survivorship bias (https://en.wikipedia.org/wiki/Survivorship_bias). You are focusing on the people who have made money, and overlooking those that have lost money. And most of that is due the fact that the people who have lost money are not around to talk about it (or prefer not to talk about it).

Some people make money. Some people lose money. Nobody can predict the future price of a bitcoin with any degree of certainty -- even the so-called "experts". In my opinion, investment success is mostly random for most people. The key to setting yourself up for success is to gain information and to be able to leverage it. There is no magic formula or strategy. Oh, and regardless what anyone says, technical analysis is astrology for traders.

The purpose of your post is not clear, but it is clear that you can't afford to buy a house for your brother because your income is not stable and you apparently don't have enough collateral to mitigate the risk.

In my opinion, the primary causes of wealth inequality have been the actions of governments to solve economic problems through social, fiscal and monetary policies. Whether or not wealthy people are intended to benefit from these policies, they are able to make use of them more effectively than the rest of the population, and so ultimately they benefit the most.

An obvious example is quantitative easing. Though the purpose is to give everyone more money in order to stimulate the economy, it actually benefits wealthy people much more than everyone else by supporting prices of debt and equity, and by lowering the risks of investments. It is absurd to believe that the best way to help people suffering financially is to give money to banks and investors.

So rather than putting the blame on wealthy people, the blame should be put on the politicians and the bureaucrats that concoct those policies that are ultimately destructive.

Perhaps giving the user the ability to add simple regex plugins that could parse certain OP_RETURN transactions in their wallet and display relevant info would be a safe and useful feature.

It really depends on your circumstances and on what you are trying to accomplish. You have not given enough information in order for anyone to give you good relevant advice.

In general,

• It is important to store backups of your seeds and private keys offline with strong physical protection.
• Never store cold wallet seeds anywhere that is accessible to the internet.
• Hot wallet seeds and private keys must remain private and encrypted always.