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Amincd, I am not certain if your hypothesis is true, nevertheless I like the basic concept of a BTC-Backed.
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The BTC mining are used to protect the BTC system from hackers therefore that is intentionally made incredibly difficult for these specific reasons.
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An Interesting analysis of the recent BTC crashes, good job BitcoinTraderFX.
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Satoshi wasn't a scammer but a highly skilled computer scientist.
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Plus that's only open to accredited investors, with a minimum investment of 25k$.
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BTC will probably always be around as a huge speculation for those who deal in cryptocurrencies.
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The major effect deflation will have on BTC is price instability.
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Btcchina has just announced on Wednesday that they was forced to stop accepting yuan-based deposits.
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In theory, everyone who put large amounts of money in a Cypriot bank ought to have allowed for such a possibility.
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They are not backed by anything what is the point of BTC.
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The China government not liking BTC is due to the fact that they can't take control of this therefore they simply ban it.
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BTC's value is based more on market sentiment than any rational basis.
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TheWoodser, The BTC that are mined are earned by those who're doing the best work securing the Bitcoin network and the operating costs of mining should continue to be proportional to demand.
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@OP By definition , currency is usually backed, defined and produced by a government or some authority.
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Never really asked myself about it but somebody will die before the end of Bitcoin mining, to be honest.
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Payment received, thanks a lot Stunna !
Re-enrolling for another month and starting again from 65 posts.
Bitcoin adress : 1EQ6TGMPNcsVMN47ipW6sy2QPYk2ReNkR8
My best wishes for Christmas and a year 2014 everyone !
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I sent a pm to "Stunna" since a while also and still waiting so be patient guys  |
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Just PMd Stunna to claim payout.
Am claiming again. Current posts: 127
It's what i am waiting since a while also to continue this new month , so let's be patient |
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Under the wire !!! I just reached the minimum requirement and waiting my payday Cheers. |
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Normally after you click "unwatch" that is automatically removed from your "show new replies to your posts"
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