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Incorrect reading, look at the block count.
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But the early Bitcoin adopters got too much. Not "too much" in the sense of "unfair" nor in the sense of "I want them" or "it can't work", but enough to plague the currency with exchange rate volatility for the foreseeable future. Perhaps even enough to limit the exchange value's upside.
I don't think we would be where we are today if it was done differently.I don't think many people would be interested if Bitcoin inflated as the user base grew, or if mining paid less in the beginning, etc. I realize others disagree, but I guess we will never know. |
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The same way you leave them everything else. A will.
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Thank you. And interesting. |
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1. Secure your computer. If you are planning on holding a lot of Bitcoins, consider buying a new laptop to use specifically as hardware wallet, and nothing else. Encrypt your wallet when not in use. There are many different ways to do this. I suggest searching and reading how other people take care of this. Take a look at this thread. https://forum.bitcoin.org/index.php?topic=5194.02. Yes, make copies of the wallet.dat. Encrypt the copies. 3. Either give the client some time to make connections, or open port 8333. |
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There is in fact .00000001 less bitcoins in existence then displayed on bitcoinwatch because someone intentional created a block with a reward of 49.99999999 bitcoins. The network only checks to make sure that you don't reward your self extra bitcoins.
Which block was this? |
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You may think that child, then leave it alone.
Maybe someone of a helpful disposition who actually knows something will be kind enough to respond.
On second thought, I'm sorry I gave you any answer at all. This kind of attitude is ridiculous. I think it's a proper response to blatant misinformation. People who don't know what they are talking about shouldn't be providing others with answers. |
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And now there is someone in it that doesn't.  |
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I haven't used slush's pool in quite some time, so I don't know if anything changed or not. In short rounds, not everyone has a chance to submit shares. The higher your hash rate, the better chance you have of getting a few shares in a short round. If you do submit a decent amount of shares, you will get a decent pay out. OP, I would assume that you submitted 0 shares for that 35 second round. Are you 100% certain you submitted shares for that round? From your very small payouts on the other rounds, I have to assume you hash rate is quite small and that you simply did not submit any shares for the short round, and therefor received no payout. As the previous poster mentioned, perhaps any shares you did submit were stale. Simple answer: You must submit shares to receive a reward. I remember the 3 second round on slush's pool that has 8 shares submitted. Lucky I managed to submit one of those 8 shares. That was a 6 coin payout per share!  |
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Pool hopping
Absolutely incorrect. |
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That rawdog guy topped it, man... that was epic...
Seriously, I always take financial advice from guys with pseudonyms like rawdog, or fuckyourcouch. Especially if they use the term "supernerds". I'm sorry, I tried, but I can't even follow his thoughts. It went from WoW gold to criminalization in the same sentence. |
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Volatility is a given when it's young.
This is the proper response to every Bitcoin rally / crash thread in existence! |
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Bitcoin is going to be highly volatile for a long time no mater what exchage is used.
Hear, hear! |
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Seriously, it's thoughts like this that are destroying bitcoin. If people keep this "huh something I don't understand is going on IT MUST BE THE GOVERNMENT DOING IT TO DESTROY ME" the only thing people will think when they think bitcoin is insane, tinfoil hat wearing loonies and it'll never be taken seriously, and I don't want that to happen, So please stop doing it.
Destroying Bitcoin? People will post what they post. The internet makes it so easy to be the unshaven, unwashed, whiskey breathing, flea ridden guy standing on the corner with a cardboard box sign that says "The end is nigh, commit your first born unto me". No serious investor makes a move because of something some random guy said on an internet forum. And if they do, thank Stimpy that we can profit from their lack of insight and shortsightedness. |
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what about the retarded increase in network hashrate JUST before the last difficulty..and then the decrease?
Hash rate calculation error due to changing difficulty? |
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9/11. Unfortunately a bunch of innocent people voluntarily gave up their right to defend themselves in exchange for speedy transportation.
Lesson: Take precautions to avoid becoming a victim.
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Even taking that into consideration the amount of the network specified as "other" has been growing quickly over the last week.
And rapidly shrinking over the last two months. |
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Sometimes a pool makes changes or their front end goes down which affects their hash rate reporting to the website that hosts this graph. At the time of your posting BTC Guild, which accounts for 1,478.82 GH/s of the network hash rate, is not being shown on the graph. The way the graph works, other will "increase" when one of the pools reporting is missing.
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IE as difficulty goes up so does price
No. As price goes up, so does difficulty. No. As difficulty goes up, price may go up. Difficulty doesn't go up based on price, it can never go down. So when the Bitcoin exchange rate goes up (because of demand), and mining becomes insanely profitable, people don't throw more power at the network, thus increasing the difficulty? OK then. I'll stand by what I said. What can never go down? Price? Wrong. Difficulty? Wrong. |
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I like bullion. I like bitcoins. Each has it's advantages.
I think people get stuck. They don't think for themselves.
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