I don't see how any mining offer can ever live up to the promise.
Essentially the manufacturer, if they can even make product, will always switch on the miner and mine to the point of un~profitability themselves then send you your product in almost all cases.
Even a company sends the first batch out ok, will then really make a killing on the second batch, which they can now sell at a premium and have more funds to make more product which then arrives late. Thus arbitraging out their good will from the first batch.
Only those with direct access to fab shops and economies of scale can mine at a profit.
Another way to look at it would be: once 3D printing of microchips (and the initial examples will likely be literal micrometer scale process geometry), then home miners can wrest back a significant part of the market. They don't even necessarily need to be profitable; over-optimistic mining economics only begins to hit home once it's far too late to cut a reasonable proportion of losses, and it's easier to rationalise in that way when you're not risking the huge amounts of capital that large mines are. For that reason, an expanded home mining market could help reverse the centralisation trend in mining. That would be a wow factor when 3d printing at the home kit level lets users print out their own silicon microchip design they could buy from the mining developers is pretty much just assemble it your self and go. |
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Traders are loving the movement and such much coverage of bitcoin and the possible solution that bitcoin could be a part of a change in a country such has Greece or even more adoption be people suffering in the hands of the government this type of financial disaster.
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At lease the people are able to choose some what of what is happening now, i wonder if there going to be an investigation to why Greece is such financial disaster someone made the wrong move some where and millions are now suffering this drama.
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Greek people really wanted bitcoins but couldn't get them because the euros in their bank accounts don't actually exist.
they could still be part of the bitcoin adoption by receiving bitcoin has a form of payment for anything they want to sell internationally, the question is what would be the channels of commerce for them to use in order to get paid in bitcoin. |
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Keep in mind the general media adds the bitcoin solution and that strikes an emotional response from traders in the bitcoin market has they begin to imagine a possible adoption of bitcoin in the Greece economy is fun actually to see of this happen, trading volume is up transaction are up, everyone is just waiting for a spike to scream loud bitcoiinnnnnnn.
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Really interesting project, signing up to the forum now, is there a link so i could be part of the beta testing?
Keep up the great work.
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Most likely restrictions will be placed for mass messenger, maybe for mod or thread creators We still have to wait an see what happens with it goes life, in till then we can only wait.
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If Greece leave the eurozone a lot of their people will be hurting, most likely to come a huge political change and it would be interesting to see if Russia is going to help out Greece if it does leave the Eurozone.
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So i managed to talk to a friend that has family in Greece and he's grandfather had a heat stroke just waiting in line from 5am to 3pm just to receive a number in order to get in the social pension office the next day. crazy stuff!
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I forgot to mention that https://www.bitwage.co/ offers this option to many. Although it's only for stable payrolls in developed countries... Great find there i didn't know there was already something like that out, look like bitwage is a pretty cool tool for payrolls, so mostly likely for companies that want to go decentralized with their payrolls this would be a great choice. it would be pretty interesting to see that happen, more bitcoin interested people will be posting on fiverr. |
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the Greeks can still earn bitcoin buy selling anything of value in order to receive bitcoin in exchange, most likely we could see a lot more adoption in Greeks accepting bitcoin since they have so many restrictions, maybe the real state market could be booming in bitcoin payments for those willing to move out of Greece.
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well i have used fiver with bitcoin to pay a few things i have gotten done, but not really sure how it works from the other stand point where and how the services providers get paid.
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There has been a few alert announcement from the localbitcoins staff for emails like this asking to download or clic on link, like always a fishing attempt to get your password or install a malware in your computer.
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wow seeing people talking about 60 Euro is enough to survive, no full family can survive on 60 euros a day thats just what about their public bills, electricity/water/phone/gas
just have the restriction along is just crazy.
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Man this big pools mostly when a fork happens is a selfish pool not using the same version has the others because they want to take over and have the other follow them, well with all the money now put to mining equipment some of this pool have turned into small corporations.
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Most site didn't accept bitcoin as payment but we can buy brazzer account and after buy we can use it .
That is not strictly legal if you ask me. Brazzers don't accept Bitcoin as a mode of payment. So what these people (Bitcoiners) do, they create premium memberships using Visa / Master payment, and later sell these accounts for Bitcoin on various dark market sites. If the Brazzers admins are alerted about this, then these accounts will be terminated or deactivated. So it is risky. yea mostly likely there are scare of bitcoin because of taxes and how the irs is always putting the porn industry in a loupe when it comes to their revenues. |
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Is sunday so is the perfect day to pull out all the old stuff you don't use and setup a yard sale call your local bitcoin seller and begin selling all that old stuff and turn it into bitcoins.
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Here are the possible reasons in my opinion (ranked from the most probable one to the least):
1. He is dead
2. He has lost the private keys
3. He is not interested in accumulating wealth
4. He is waiting for BTC to climb to 1BTC = $ 100,000
5. He is in jail
6. He is under surveillance from the tax authorities
7. He is in a coma
8. He is saving them for his retirement
9. He is terminally ill
10.He has already transferred / sold the private keys to someone else.
lmao oh god, 11. He has a lot of child support and he doesnt want the court to know he has bitcoins 12. He is scare that he's wife might take half of his bitcoin and leave him not bad i would say #10 there is always private deals going on. |
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lets just yes bitcoin is not perfect but comparing it to the opportunities it offers to other payment systems mostly centralize this is enough for the community to work together and make bitcoin a better software and network has everything does over time, with the experience developers gain over time and bitcoin will become better.
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for the average folk that dont want to deal with the complete blockchain i would recommend using electrum, then if your mining your not an average bitcoin users most up to date on news and block statistics.
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