Bitcoins will be mined for another 120 years but the difficulty will go crazy that the returns will likely become less profitable - to a stage where it will become almost pointless to keep mining.
This is not correct. Difficulty adjusts to network hash rate. If it becomes unprofitable less efficient miners stop mining and difficulty adjusts downwards. Mining becomes profitable again and the miners that left start mining again. And FYI if there are no miners bitcoin becomes unusable since we need miners to incorporate transactions in blocks and extend the chain. Yes. The purpose of the difficulty is to ensure that blocks are produced every 10 minutes on average. It has no other purpose. |
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Or, perhaps he is smarter than you but you are too blind, stubborn, and narrow-minded to even consider what he might have to add.
People that write things like, "he’s 135 years old and the last car owned was a Ford Model T" and "he is too old to like all related to the new technologies" obviously aren't smart enough to come up with even the simplest argument against his position.
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or what does mean that ,,watch only" ?
"Watch only" means that you have entered the address but not the private key. Where did you get that address? The source of that address has the private key. |
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Buy it. Mining is not appropriate for newbies.
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I need your HELP please. I have some satoshi to blockchain and would send them to other site but it requires a Private Key which i have not, i do not know where is it. i have saved everything but i can not find it.
Please how to get it find or recover?
Your post is confusing, but I believe that you must send the bitcoins to your wallet from the freebitco.in site. |
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Hey guys. Does this trading strategy work? I know it's impossible to know when a huge market correction is happening but would it make sense to transfer to USDT when you feel that coins are near their max before a correction and then while the market is correcting buy back at a cheaper price using the USDT which is stable. I know Binance only has a few pairings for USDT but I thought it would be a good way to avoid the large market corrections when they come.
It doesn't make sense. You said it yourself that it is impossible to know. What feelings are you talking about? How could you possibly know if your feelings are correct? |
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1. Is it going to be 100% sure or just speculations ?
2. Launching date ? weeks/ months/ years ?
3. is it work on a third party service or it will work on and from every wallet (blockchain.innfo , exodus, electrum etc ? )
1. Since it is not up and running, nobody really knows what will happen. 2. A few years ago they said 6 months. It's a lot closer now but I wouldn't hold my breath. 3. It is a protocol, like Bitcoin, so anybody can make software and apps for it. If it works and it is adopted, it could save Bitcoin. If it doesn't or isn't, well then ... |
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As unmined bitcoins get lesser, the difficulty and the time needed to mine gets higher. So unless technolgy advances on par with the speed of mining, then we will see the end soon. Otherwise, years or even decades more will be needed.
That is not how it works. The production of new bitcoins is on a fixed schedule. It doesn't matter how many miners there are or how good the technology is. Please read this: https://en.bitcoin.it/wiki/Controlled_supply |
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“The development and implementation of all these measures will also include boosting international cooperation to ... to avoid the criminalization of this segment.”
This is government at its worst. It's like making it illegal to park a car near a bank or even making it illegal to use a cell phone. |
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Wouldn't multiple address transfers collect individual fees making the transaction still super expensive ? If I understood correctly he wants to use multiple wallets with little amount of BTC in them. I would say to hold the funds until the txn fee issues are solved
The key is that you send all the dust in one transaction with a very low fee to a single address (preferably a segwit address). The transaction will take a long time to confirm, so you must plan ahead. As for waiting "until the txn fee issues are solved", I don't expect that to ever happen. |
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Articles about reddit or twitter posts are stupid.
Anyway, this article is particularly stupid because it claims that the evidence of so-called spamming is that when Coinbase is sending transactions, the mempool is bigger than when it isn't sending transactions.
Hello? Of course it is. You wouldn't expect more transactions to magically reduce the size of the mempool, would you?
Of course, the real problem is that Coinbase has not implemented segwit and apparently does not batch transactions, and the result is higher fees that it passes on to its customers. This is really a Coinbase problem and not a Bitcoin problem because if people did not use Coinbase, the fees would still be just as high.
The article's click-bait claim that Coinbase is spamming the network is just a distraction.
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By virtue of having a product or service that is well-known, you have legally protected rights to that trademark.
That is not true. But even if it were true, what is the trademark you claim is being abused, and who owns it? I suggest you read up on some basic trademark law, common law trademark in particular, if you think there is no trademark. You are correct. Thank you for pointing out my mistake. |
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It made me start thinking - isn't Bitcoin Cash guilty of trademark abuse here?
There is no trademark to abuse. By virtue of having a product or service that is well-known, you have legally protected rights to that trademark.
That is not true. But even if it were true, what is the trademark you claim is being abused, and who owns it? |
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The bad press is a non-issue, but it is ironic that Bitcoin conferences cannot accept Bitcoin. |
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Companies developing systems for off-chain transactions, such as side chains, lightning network and payment processoring, benefit from the high fees because of the increased demand for their products.
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Right now Bitcoin price lower then other time.. what's your opinion??
Should I invest in Bitcoin right now?
No. 1. Simply knowing the price does not give you enough information to make a good decision. Comparing the current price to the past price tells you nothing about the future price. 2. Investing in something you don't understand is a mistake. 3. There will always be investment opportunities in the future. There is no urgency to invest immediately. |
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I am a Newbie in this org and I would much appreciate it if you guys show me the ropes around on how to start earning? Many posts will undoubtedly follow this one suggesting faucets, signature campaigns, trading, mining, etc. But ... Unless you live in a very poor country, the easiest, most convenient, and most effective way to acquire bitcoins is to buy them. |
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