78. Kenya ... M1 ~ $10 billion  |
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79. Kazakhstan (situated along the old Silk Road ...)  |
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80. Ecuador  |
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81. Bolivia  Copacabana |
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82. Azerbaijan  |
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>A Muslim walks into a gay bar.
>The bartender asks, "What'll you have?"
>The Muslim replies, "Let me get some shots for everybody!"
... bad taste jokes are about as welcome as a homophobic muslim with AR-15 in an Orlando gay bar. |
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This thread:  ... this thread is my new happy place. It is hilarious, never fails to deliver. |
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It might not be a bad idea to check Twitter's growth profile for precedents.
... maybe linkedin growth or similar might be closer match for the demographic. I read that majority of bitcoiners are male, 24-45, technical, earning average >$125k ... if just the technocracy checks its wealth/energy out of the fiat system it will crap itself. |
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FOMOphobia setting in ...
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guys can we offtopic for a bit? i just saw like 8 mini walls all go up on finex up to like 645. apparently that's all one seller up until there?
... he's not really selling they'll get pulled before it gets there ... they are just trying to keep a lid on things to stop it going nutz, breaking exchanges, etc. Soooo, about this HK hedge fund ... maybe they are really just a front for HSBC?  |
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I'm very happy. I've been buying since the price was at $300. Look at me now... bitcoin is my life.
... after it goes to $15,000 it will consume you. Then it will dump to $5,000. |
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You guys realize that these price changes going up and down and you profiting from it, costs other people their money right? Because any money every one earning is a lost for some one else, lol now I see it's more like ponzi system that people getting paid At the cost of others losing their money  No. This is a total lie. Network effects are not a zero-sum game. When everyone benefits from using a new, more efficient technology, telephone, electricity, internet, bitcoin, highways, etc because it is cheaper to work as a network, then the total societal wealth is expanded. even if you don't want to be part of that new network you will still probably benefit in some way, but just not as much. It's called progress and please stop spreading such sneaky lies. |
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Jamie Dimonsaur meet the Dragon.  |
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There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.
Theoretically everything is possible but not always! I'd even accept this argument over marcus's logic where miners can't go bankrupt. Listen you lying, slippery little piece of shit ... no part of my argument ever said " ... miners can't go bankrupt..." ?? Do not try and put words in my mouth again. If you don't want to learn then just stfu and stop making the world a worse place for others who might want to learn. |
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I guess you cant read so I'll repeat it for you:
cost of production forms a soft lower bound for price, an 'elastic' floor if you will.
Cost of production is related to difficulty but not directly or in a definite proportional relation since it is complicated by many other factors like cost of rig development, software development and operational labour overheads, electricity, etc. So now I've opened it up to the total complexity (that really just complicates with enlightening) this is the bit where you try to wriggle out and lead the conversation into the weeds, minutiae, thread-trashing and scatological references to obfuscate the central premise that doesn't fit your permabear, anti-bitcoin case.
I am wildly bullish, but your statements don't seem logical to me. There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty. I am not saying that is what I expect to happen in the near future, just that it can happen. Please try reasoning with arguments instead of resorting to aggressive end statements. I'm not being aggressive, I'm just explaining how it goes every time I lay it out as simply as I can. Look I don't have time to go through it all again so I can't really help you anymore if you don't get it yet, sorry. |
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I guess you cant read so I'll repeat it for you:
cost of production forms a soft lower bound for price, an 'elastic' floor if you will.
Cost of production is related to difficulty but not directly or in a definite proportional relation since it is complicated by many other factors like cost of rig development, software development and operational labour overheads, electricity, etc. So now I've opened it up to the total complexity (that really just complicates with enlightening) this is the bit where you try to wriggle out and lead the conversation into the weeds, minutiae, thread-trashing and scatological references to obfuscate the central premise that doesn't fit your permabear, anti-bitcoin case.
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yes, any day now difficulty will be dropping and my 2 netbooks will make me a fortune again ...  |
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