|
Well, as you say yourself, its definition depends on your point of view.
You're free to see, define and treat it as you like, a currency, a resource, an asset, whatever,
but anyone else is also free to have another point of view, another definition, treating it differently than you do.
|
|
|
|
You give each person on earth say 1 coin, then each one can do with it whatever he wants, some people then become richer and some poorer, but they start the same.
it could have been done like each one that register the system gets one coin, they can use a biometric identification to prevent registering more than once. I am sure this system should not be harder to implement than the current one.
Not each person on this planet owns a computer, or access to the internet, how would you deal with those? Not that equal anymore if you just ignore them. And biometric identification? Are you serious, or just trolling?  |
|
|
|
The foundation of my proposal is that Bitcoin is not currency or money. Yes, incidentally it can be used as such, but its properties are more similar to the natural resources, and if its definition correctly reflects that, I believe Bitcoin will benefit from it greatly. Bitcoin has properties of money/a currency. Bitcoin therefore can be and is used as money/a currency. Yet you (and it seems you alone) claim that it's not money/a currency. What's your definition of money/a currency? |
|
|
|
To give you an idea, the disparity between the Euro and the dollar hasn't changed much since the Euro was introduced a few years ago (10-15?) and it has been between 1USD=1.7EUR to 1USD=1.2EUR
Uhm...I think you mixed that up the wrong way,  it should be more like 1EUR = 1.2-1.7USD (currently around 1.34). |
|
|
|
|
It's supply and demand what drives the price, not the network-hashrate.
Doesn't matter what the hashrate is, if there's thousands of people running ASICs, or just a few running CPUs, the supply will be the same.
Miners generate ~3200BTC per day, trading-volume on markets is 20+times as much, so the influence of ASICs on the market-price is miniscule.
|
|
|
|
Ich find das User-Interface bei btc-e soviel besser als bei MtGox...
Das tollste User-Interface macht btc-e aber nicht seriöser, oder mir sympathischer. Solang man da nur mit ein paar LTC, oder NVC rumspielt, mag das ja noch vertretbar sein, aber meine Bitcoins, oder gar Bankverbindung vertraue ich einem Exchange, der mir nichtmal sagt, wer ihn betreibt, sicher nicht an. Die jüngsten Ereignisse bezüglich NVC machen den Laden nur noch unseriöser und mir noch unsympathischer, als es ohnehin schon der Fall war. |
|
|
|
I prefer Bitparking for less fees and merged mining. |
|
|
|
Just look at the output of the miner and you'll see that he's connected to 127.0.0.1, which is probably the computer running a node. The Terracoin client does not support Longpolling or GBT. Didn't know that, I only played around with TRC and p2pool (*) myself, was probably p2pool supporting LP in my testings. It also doesn't accept diff 1 shares.
But afaik cgminer "accepts" (or rather counts) diff 1 shares internally (correct me if I'm wrong, I rarely use cgminer). * TRC-p2pool is still running, for those that wanna try: connect to http://lassdas.mooo.com:9322 with username=TRC-address and any password |
|
|
|
you do have the terracoin client running on your computer, yes?
Just look at the output of the miner and you'll see that he's connected to 127.0.0.1, which is probably the computer running a node. It says accepted shares, should I be getting paid for these or ?
No, you shouldn't get paid for these, as you can see your " Best share" so far was 168, but the current difficulty is 996. As soon as you get a share >= 996 you'll probably get paid (for the block created with that share, not for the share itself). |
|
|
|
Konzerne wie Amazon erwägen eine Einführung.
...
Der weltgrößte Internet-EinzelhändlerAmazon hat angekündigt, in diesem Frühjahr eine eigene Währung einzuführen: die Amazon Coins.
...
Bitcoins und Amazon Coins haben auf absehbare Zeit keine Chance, gesetzliches Zahlungsmittel zu werden.
Aua! Ich frage mich echt, wie jemand ernsthaft AmazonCoins als Währung bezeichnen kann, oder auch nur die Möglichkeit in Erwägung zieht, daß sie irgendwann mal gesetzliches Zahlungsmittel werden könnten. Demnächst kommt noch jemand und fragt, wann PayBack-Punkte, oder Flug-Meilen endlich gesetzliches Zahlungsmittel werden. |
|
|
|
Mining isn't the point to get more people using Bitcoin! so what? does it change the fact that it does? No, it doesn't. If some still want to become miners there's nothing stopping them, it shouldn't and doesn't matter to them if they need to invest in GPUs, or in ASICs. But Bitcoin is not about mining, it's about freedom, the hardware used by miners doesn't change that. |
|
|
|
I still just dont see a good outcome of it all really. Speaking in terms of the long run and more people actually using the coins.
People using coins != Miners What's so hard to understand about that? Mining is a highly competitive business and has nothing todo with the general use of Bitcoin as a currency. The way i see it is the small miners are most likely the ones that will just spend the coins and they will recirculate.
The small miners don't actually have enough coins to spend to influence the market in any way, besides that even big miners need to pay bills, so they will probably spend or sell mined coins too. .. when they see the huge drop in price and how fast it is going to happen.
I am only thinking for myself but if the market drops as rapidly as i think it will when tons of these machines get rolling..
Why should different mining hardware drop the price, or change the market? It's not that there'll be any more coins produced, it'll be about 3200BTC per day, no matter if miners run pen&paper, CPUs, GPUs, FPGAs, or ASICS. I know Die Hard Bitcoiners will always be here till the end but isn't the point to get more people using them as a currency?
Mining isn't the point to get more people using Bitcoin! I cant possibly understand how the value with ever come back up when you know there will be a few holders of toms of these machines operating and insane Hash rates.
Come back from where? Those people holding a few of those machines that operate at insane Hashrates are the very same people that operate large GPU-farms today, they get a lot more BTC already today than you do, as stated before, ASICs don't really change that. ..so the short version of it all is yes, you're very wrong  |
|
|
|
Perhaps you weren't around, but people said the same thing about the switch from CPUs to GPUs.
^^This! I kinda was under the assumption the Bitcoins were a huge innovation that would eventually be used by the majority of people as an online currency. I think that idea is out the window.
I don't see what bitcoins being used by the majority of people as an online currency has todo with the fact who generates them, or on what hardware they do it. There's no need to be a miner at all to use Bitcoin as an online currency, a user doesn't really care who creates it. If you wanted to become a decent miner before, you needed to invest in a lot of decent GPUs, or FPGAs, if you want to become a decent miner now, you need to invest in (at least) a couple of ASICs. ASICs don't change anything! (except for botnets, hopefully) |
|
|
|
|
And if noone would ever sell (until at least 5-6 years from now, which is quite different from ever, but anyway),
then what would others buy?
I mean, there wouldn't be anything to buy and I guess those people that would never sell also don't even think about buying anything, then what would Bitcoin be good for? Where would it be today if noone ever actually used it?
|
|
|
|
|
Top get back on topic,
it's untrue that actually nothing is created.
The pages in our book of transactions is what "miners" create, if there weren't any pages created, there were nothing to write down all transactions.
Without those pages there wouldn't be a book at all and because new pages to write down new transaction don't exist yet, someone has to create them, at least until doomsday.
Now where's my slice?
|
|
|
|
what if btc takes over €/$ ?
It won't happen, ever. isn't this part of what people want?
No. how do we justify some people hoarding thousands of btc for doing nothing?
People can do with their money whatever they want. It's not up to you or anyone else to tell them, what they're supposed to do and what not. but would i want people to have hoarded thousands of these? they didn't work for them, just speculated and were there early. society just won't allow that.
How do you know what they did to get them? If they worked, speculated, got them as a gift, or found them on a hdd they got from ebay? And why does it matter? Society already allows speculators, doesn't it? There's lot's of people with big bank accounts that never worked in their life (did Paris Hilton ever work?) and society applauds and cheers at them as idols and throws even more money at them. |
|
|
|
With today figures, you will need $250M to buy the last 0.000000001 btc standing. And you can add more zeroes if you ever are approaching that point.
So? $250M is nothing to Federal Reserve. And I don't think, if there would be only 1000 bitcoins left, that they would be worth millions. That's ridiculous, there's no fuckin' way you can buy anything close to all bitcoins with that amount of money. Take a look at the order-books to get an idea of what you'd have to pay. For example, if you would buy all available coins on MtGox right now, you'd have to pay 16 224 128 220 282 USD and you would only get 64372 bitcoins, and 12 478 225 504 440 EUR would buy you another 64753 bitcoins. That's a hell of a lot of money, even for the FED. They might get a tiny fraction for $250M, but there's no way they could ever buy them all (or close to), most bitcoins are not even for sale. |
|
|
|
Ich nicht, aber ich hab auch nie versucht, aktive, inaktive, oder überhaupt Refs zu bekommen. Um diese Kredit-Pyramide guten Gewissens weiterempfehlen zu können, ist sie einfach zu intransparent. Niemand weiß so genau, was der Betreiber denn mit dem Geld macht, das ihm seine "Kunden" fröhlich in die Hand drücken, in neue Hardware scheint er das nur eher selten zu stecken, stattdessen zahlt er neue Kunden lieber mit der Hardware aus, die von den älteren Kunden bereits bezahlt wurde (klassisches Pyramiden-System halt, auch wenn er das sicher heftig abstreiten wird). Ich zitiere mal kurz mich selbst: Kann ich auch nur bestätigen  In dem offiziellen Pyramining-Thread hat der Betreiber verkündet, dass die Hashing-Power die Tage von 54GH/s auf ungefähr 120 Gh/s steigt, da er noch ein ,,paar'' FPGAs hinzufügt Folge: Die Zeit für den Payout sollte sich drastisch verkürzen... Na, ungefähr 120 Gh/s hat er ja schon für Ende Juni angekündigt, seitdem gabs zwar bereits ~200 neue Accounts, aber kein bisschen mehr Hashpower. Auf solche Aussagen würd ich daher nich viel geben. Das war im Juli, seitdem gabs nochmal über 1000 neue Accounts, aber komischerweise sind wir immernoch bei ~120GH/s, da muss man sich doch fragen, was mit den ganzen Bitcoins passiert ist, die die neuen Accounts eingebracht haben. Von einer drastisch verkürzten Zeit für den Payout hab ich bis heute jedenfalls nichts gemerkt, ganz im Gegenteil, das dauert immer länger und länger und länger. Ist ja auch irgendwie logisch, immer mehr Leute müssen mit der selben Hashrate bei steigender Difficulty ausbezahlt werden, da werden die Wartezeiten immer länger, nur passt eben genau das überhaupt nicht zu seinen Aussagen und Beteuerungen, daß für die Coins neuer Accounts auch neue Hardware angeschafft wird. Ich bin daher froh, wenn ich meine eigenen Einlagen wieder raus habe, bevor der Betreiber sich verkrümelt. Hab Ende Mai/Anfang Juni angefangen und bin jetzt bei 50.12%, also noch weit im minus, bin mal gespannt, ob ich dieses Jahr noch fertig werde (fürchte aber, daß nicht). Noch einen so günstigen Kredit (und nichts anderes ist eine "Investition in Pyramining", ein Kredit mit unbestimmter Laufzeit für lächerliche 10%) wird der Betreiber von mir nicht bekommen und weiterempfehlen kann und werde ich sein System ganz sicher auchnicht. |
|
|
|
Die Reaktionen hier (und da) sind sowieso immer das Beste. "Why the sudden rise?" "Where's the correction?" "Explanation for the price drop?" "OMG we're all gonna die!" Egal wo der Kurs hingeht, irgendwas gibts immer zu meckern, dabei ists doch grade das auf und ab, was höllischen Spaß macht. Um mal aus Deinem Link zu zitieren: I got involved in Bitcoin because I wanted some excitement, and by golly, this is pretty goddamn exciting. Ich kam etwas zu spät, wollte grad die Coins zurückkaufen, die ich im Laufe der letzten Tage verkauft habe, aber da war der Kurs schon wieder im Aufwind. Warn zwar nich soviele, aber die paar Euro Gewinn hätt ich trotzdem gern mitgenommen. |
|
|
|
|
Wenn der Strom "nichts" kostet, lohnt sich jede Hardware!
Sicherlich lohnt die Investition in ASICs, das Problem ist nur, daß man so schwer rankommt, bzw die Unternehmen, die grade welche produzieren, nicht grade die vertrauenswürdigsten sind, von daher fällt es schwer, die eine, oder doch die andere, oder keine von beiden zu empfehlen.
|
|
|
|
|
Show Posts
