by now only the big boys, in iceland or china should be able to mine bitcoin with a profit?
am i right?
pls correct me if i am wrong.
bitcoin has become the coin of the whales, and the big miners
regards
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more miners will give up,
currently mining bitcoin is only profitable in china, and icleand on an industrial scale, bitcoin isnt even the coin of the small guys anymore its the coin of the big miner boys now.
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you cant create a bitcoin 2.0 success just with tech upgrades
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dont explain bitcoin to a small child, its not good for them
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one wonders why is ukraine and russia in such a conflict olthough the population has so many similarities,
but the unfortunate answer is the financial empire in the EU that is hostile against the russian influences, with cryptos destroying them, ukrainian hatred regime will cease its funding and will stop running its anti russia campaign
someone else does similar observation?
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Let's think for a second. Would such a world benefit mankind? Would it destabilize the current geo-economics? Is there even a remote possibility that we as humans let go of this ancient tradition of drawing lines on sand that have only served to create problems among masses and has done NOTHING good so far?
it would work but not with the current communal oriented social security systems, as those would cause opportunistic migrations, planetary civilisations would of course, work, european union also destroyed its internal borders, and it still works, so why not all others, main problem is that populations seem to act hostile against each other.
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look folks there is this encription plattform called, waves, it ran against the market trend of bitcoins collapse,
we will get perfect, encription services available for everyone to use, and not everyone will be able to use them. thats how it will be.
there will be no point in just an encripted coin, because even if it has a community that pumped it up, the community will fade away its support as soon as they have sold out all their token.
thats how it works we WILL go towards POS, and centralised authority token again.
because the neverending waves and marketing of pumped up pow token will become an annyoance. there is no leadership in them just attention hacking
my question to you is:
do you seriously think you can land another success just by doing some lame tech upgrades? (Bitcoin 2.0)
come one people arent that stupid.
encription services evolve continuously same like the printing quality of the central bank issued money, no one cares, about how good the quality of the euro or usd is, if a new bill is issued, it simply works and thats enough, you have to do serious capitalism
regards
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and so say, the bitcoin cash suppliers, bitcoin gold suppliers,etc. there is no moral in this trash. more and more trash being dumped on the person that trust that crap, and all bitcoin premine is beeing sold out, the market simply introduces a new coin and tries to shadow away bitcoins market influence. everyone buying dash, bitcoin gold, or zcash should know that the developers of those cryptos will give a damn about their longterm success after they have sold their premine, like it was the case for litecoin. all investors will be systmatically losers if they follow that trash
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bitcoin isnt great for china either, urban chinese will see their ressources wasted, for the miner aristocacy.
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Another 17 percent loss last month
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its not about technology anymore,
what legitimacy do you guys have for your global attention hack with bitcoin?
it was ok for a certain world, in which central banks basically run communist dictatorships,
but its now not about technology anymore,
many token kept their value, when they exchanged between technologies, encription plattforms, or blockchains
its now about power, legitimacy, access to consumption capacitiy.
its why your IT freak token is also collapsing.
there are millions of altcoins out there now that seek to obtain legitimacy and attention, these are often people who would like to actually do good things, and help others,
having bitcoin as indirect medium is quite a huge problem.
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it doesnt matter what you vote, market is something else.
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So not just the bitcoin/ cryptocurrency market is experiencing sharp decline in value? As revealed by 'The Economists' in a 2018 publication https://www.economist.com/finance-and-economics/2018/11/24/a-retreat-in-share-prices-finally-reaches-tech-stocks.... they pointed out that even the tech stocks of six major companies known as FAANG (Facebook, Amazon, Apple,Netflix, Google) have experienced sharp declines in value of their respective stocks due to retreats in global economy positions. So it is obvious that even big tech stocks are not immune to the receding global economy's position. Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now. cryptorise will destroy all stocks
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You're right conception, Bitcoin situation looks like bankruptcy. Everyone hard working to earn money but gradually vanished our dream and money. But i am still positive feel of the future cryptocurrency market. But a lot of people worried about crypto vulnerabilities.
those that speculated on bitcoin becoming world currency where idiots in my oppinion, was my first thought.
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nowhere in the world is enterpreneuership such a nightmare like in germany, so i am not wondering that cryptos are spreading fast in germany since the banks are broken there
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If this is a ship and you are in control of your money that means you are the captain of the ship. What kind of captain do you aspire to be, is the question you need to ask yourself.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.giphy.com%2Fmedia%2FEGDjiJd3beSY0%2Fgiphy.gif%3Fcid%3D19f5b51a5c1525cb3865396145d79d18&t=665&c=qudNO8gbjwXKKg) lol ok go on doing that.
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At this point, as masterfully as Bitcoin was created, it has some limitations of course.
My question is: Could it be done better, or is it just matter of trading one feature for another (i.e. speed for decentralization)?
all pow token after bitcoin are doomed and will not be successful, internet money will stay however the pow trash will become insignificant its therefore pointless to discuss about a "bitcoin 2.0" we will also get into a stage where tech doesnt matter and is exchangable/upgradable and insignificant
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Is it possible they’re dumping is actually benefiting the newbie and less fortunate investors?!
jes unlike the newbies and small fishes, the whales work different i explain that to you noobs small fishes, are looking for price increases, in a respected currency whales, are looking for social support indications, weather people are ready and willing to do sacrifices for a certain "coin" out of that, whales are always in a better information situation the whales saw much earlier the dissapointment, and support stop from the people for bitcoin, while the small fishes looked for the price increase, the whales observed the support loss and started selling and started looking for an alternative
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