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Does the Vatican accept Bitcoin?
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Bitcoin has ruined my life.
I did the ASIC pre-order thing last november can't say my life has been too great since then, what a hit.... What's your story, ASICs, Gox, gambling, silk road, pandas, bad actors of some colour? |
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Bitcoin Difficulty: 8,853,416,309
Estimated Next Difficulty: 9,931,375,269 (+12.18%)
Adjust time: After 1893 Blocks, About 12.6 days
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What a giant clusterfuck.
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Is this the "out of africa" model for mass Bitcoin adaptation?
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I think you should think Blockchain when you are talking about bitcoin, and the blockchain system can be used for many thing, think Internet 2.0 (what internet was 1990 and what it is now) .
I know that this doesn't answer your question precisely, but I think if someone had such a precise answer he would already been working on making it to something real by now
I tend to agree, to the masses Bitcoin is just numbers in an account. To the few it's blockchain technology. The fact that Bitcoin functions as money underscores its potential is areas such as law, politics and even religion. If we're going to expand into space and have populations in the trillions blockchain technology will be invaluable. |
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The number is: 195248
HM... Much
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Bitcoin Difficulty: 8,000,872,136
Estimated Next Difficulty: 8,943,758,354 (+11.78%)
Adjust time: After 189 Blocks, About 1.1 days
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How can you deal with money for so long and not know what fiat is?  Fiat money's been around since 11 century China, Fiat-Chrysler the car (Fabbrica Italiana Automobili Torino) has been around for much less than that. Unless OP is trolling, then well played. It was a poorly written bitch post.... I know exactly what fiat is and think fractional banking should be Illegal. IMO only full reserve banking should exist but w/e. I have these convos and arguments with many people that call ME A LIAR for claming the fractional banking system exists. you do realise that bitcoin is not full reserve either, right? there is not $6billion in bank notes set aside to cover all 13mill bitcoins at todays price. the bitcoin valuation is only based on maybe 10k-100k coins sat on market orders on different exchanges. far far far far less total then 13million. thus if everyone wanted to cashout at the same time.. they would all not get over $400 each. FIAT banking is the same. with all the FIAT on banks databases, there is not enough bank notes to cover this.. there are only about 10% of bank notes vs database bank dollars. there are not bank notes to cover all 171,000 tonnes of gold so if everyone wanted to cash out their gold, they would not get a fair return either ill leave you to theorise those facts and tell me of one single currency / asset valuation that does have a fixed backing that wont collapse if everyone sold out at the same time Bitcoin isn't backed by fiat currency i.e. an exchange doesn't issue Bitcoins. The network issues Bitcoins as a reward to miners for processing transactions. Bitcoin is backed by SHA256 encryption and the most powerful computer network on earth. Bitcoins are redeemable in whatever the computer nerds and geeks are willing to trade for them and, there is always 100% of BTC vs blockchain database BTC available. If everybody ran to the nerds 'n' geeks and sold out all their Bitcoins at the same time for goods and services it wouldn't exactly collapse Bitcoin. |
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lol "fanboi" The estimated next difficulty is 8,880,256,785 (+10.99%) in about 2.2 days. Black Arrow sold a Feb 24th delivery date of ~2TH/s when the difficulty was 3.1 billion. It's currently May 10th and I'm still mining with my 333MH/s block eruptors. I had no problem calculating what 2TH/s would make on Feb 24th just as I have no problem calculating how much 2TH/s will make in June. Lying fucking assholes. |
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AntMiner S1-0.5 BTC
Speed: 180 GH/S
Price: 0.5 BTC
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Feb 28 2014 3,815,723,799 21.92% 27,314,015 GH/s
Mar 13 2014 4,250,217,920 11.39% 30,424,245 GH/s
Mar 24 2014 5,006,860,589 17.80% 35,840,504 GH/s
Apr 05 2014 6,119,726,089 22.23% 43,806,706 GH/s
Apr 17 2014 6,978,842,650 14.04% 49,956,502 GH/s
Apr 29 2014 8,000,872,136 14.64% 57,272,474 GH/s
Estimated Next Difficulty: 8,797,951,295 (+9.96%)
Adjust time: After 527 Blocks, About 3.3 days
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move over empty gox, these guys made off with an entire litecoin!
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The delay train is right on time again, next stop June.
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In what context is this definition of importance to be taken in i.e. collective importance or individual importance? If the answer is collective importance then is it a select group that benefits or the whole? Is this a misleading question that plays on peoples guilts for actually believing that they are in fact the most important person?
Now that the "knowledge" that they are the most important person is loaded into short-term memory they cast a vote and it tells a lie about who they "believe" the most important religious figure is.
Now you've got a whole group of Bitcoin forum users who lie about religious figures and think they're the most important people ever.
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I used to think that FUD stood for F*#$ed Up Disinformation. It still fit.
And yes, soon after May 10 a new article will state something to make most people believe that China has once again banned Bitcoin.
When in reality, the companies that compete with Bitcoin have been working to stop their competition (Bitcoin) from using their services.
Sort of like Burger King stating that they will not accept McDonalds' coupons which is then reported as "Fast food bans the use of coupons".
Or, if only Burger Kings in the US banned the coupons the articles would say "US fast food banning coupons" and "What does the US fast food ban mean to you?"
The US banning fast food? Americans couldn't give up cheese burgers if their lives depended on it. |
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