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I'm thinking that this is what happened.
Satoshi Nakamoto created this place, many people joined. Satoshi decided to make Admins some notable members. Then he left and never logged in again from the @satoshi account.
Did admins change over time? Like every 2 or 3 years? Do new members get the admin role?
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They are just kind of old-fasioned guys who believe in reliableness of goverments. That is going to last untill their profits from goverment investments occure to be less than inflation rate. It's just a counterintuitive idea to support projects controlled by authorities as it goes against the idea of cryptocurrencies and blockchain.
It isn't only about "old-fashioned guys". Admit it, it's not easy to learn how cryptocurrencies work. |
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or they are trying to spread FUD and scare other people.
No, no I don't want that. I just read the bubble reference on a wikipedia article (I think). So if we reach that mass adoption you said, do you believe the price will get increased or decreased and why? |
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Can I ask something? Who were the first members that automatically gained some merit points? And how many merit points were given? Different to each merit source?
Initially activity was the only way to rank up, so the first set of members who have reach at least the minimum number of activity were those who got the first set of merits, and each of them were given the merits according to the new minimum required for each rank, this was determined by the of activity they had. Oh, so Admins achieved creating a number called "merit" that right now has value. Yes we cannot buy or sell them, but they are valuable. I also have another question about bitcointalk admins. I think I'm gonna start a new topic about that. Thank you for your answer tho. |
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Yes but why 6,193.81 euro today and why not 10.000
Many reasons come to mind, one very conspicuous one is the current global crisis that is affecting the economy, loss of money and loss of jobs has led people to panic and sell off their bitcoin, to settle needs and when a large number of people sell and convert to fiat, there is less demand and it reduces the price. It would only go up when more people are interested in bitcoin(adoption), that would mean more supply and that'll result in an increase in price. I mean it's price is changing too often. I read that bitcoin is like a bubble. Do you believe that some day it will worth 0$ or 100.000$?
The price changes often, it's due to volatility, and stability would come, but that will happen as time goes on. A bubble? Not at all; if it is, it's a bubble that won't burst  $0? That's not possible $100,000? Too optimistic to expect that price Do you think that after the coronavirus crisit, the price will rise? |
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Can I ask something? Who were the first members that automatically gained some merit points? And how many merit points were given? Different to each merit source?
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Well I have some questions like "Why does bitcoin value?", "How does mining gives you bitcoins? I mean, why these hard math solutions worth something?", "Why is there a fee when I want to send a bitcoin? Does miners get that?", "Who confirms that I transfered bitcoins so it can be written in the blockchain? Are they just 6 random guys?".
But I want to master my bitcoin knowledge. I want to fully understand all the cryptography behind this. I want to know what that genius, @satoshi, thought back then.
I hope you know now, what am I looking for. I think I came to the right place.
mastering bitcoin will cover the technical parts and you will get the answer to most of your questions about mining, reward, confirmation and cryptography behind bitcoin. reading the introduction and how bitcoin works chapters should get you started. but some questions such as "why does bitcoin have value" is not easy to answer and i don't think i've seen it anywhere. basically the reason is because bitcoin has utilities that are well needed. the ability to transfer money from one place to another around the globe in matter of seconds by paying a miniscule fee and without needing any middle man such as banks is worth a lot. Yes but why 6,193.81 euro today and why not 10.000 I mean it's price is changing too often. I read that bitcoin is like a bubble. Do you believe that some day it will worth 0$ or 100.000$? |
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mastering bitcoin is all about the technical aspect of bitcoin (keys, addresses, network, cryptography, security,...). OP seems to be looking for the economical aspect of bitcoin though according to the book he linked. Well I have some questions like "Why does bitcoin value?", "How does mining gives you bitcoins? I mean, why these hard math solutions worth something?", "Why is there a fee when I want to send a bitcoin? Does miners get that?", "Who confirms that I transfered bitcoins so it can be written in the blockchain? Are they just 6 random guys?". But I want to master my bitcoin knowledge. I want to fully understand all the cryptography behind this. I want to know what that genius, @satoshi, thought back then. I hope you know now, what am I looking for. I think I came to the right place. |
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Honestly I didn't read that books Looks like that's book have free ebook version here, so you can read the book without buy it  Just check his thread [RESOURCES] Free bitcoin/blockchain/finance eBook , he also share free many ebooks about bitcoin, finance and blockchain. -snip-
He is not a new guy, he was register in this forum on March 04, 2020, 07:39:01 PM. I think it's doesn't matter if he ask like this, since this board is for beginner who new about forum or bitcoin Beginners & Help - All primitive questions (to pros like us Cool) like "what are ASICS", "who is satoshi" and "what is mining" should stay here Wow, thank you for the link. He really has uploaded the pdfs online in drive. About that if I'm new here, no. I'm not new at bitcointalk, but I'm new at learning crypto. I just had created an account, and then didn't do much research. |
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I will answer to OP. The dollar is a steady currency. Seriously now, how many times have you seen goverment bans the dollar? 0 times?
I'm new at cryptocurrencies, and I can admit they are too interesting, but they are not steady. If you have 1000BTC, the next day you may have loss a fortune. Why shouldn't I want the steady dollar that everyone wants it? Why should I care that goverment owns it?
The thing that bitcoin is not owned by anyone, is truly amazing tho.
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1) Do transactions have a SHA256 name when they get completed? Like 9f86d081884c7d659a2feaa0c55ad015a3bf4f1b2b0b822cd15d6c15b0f00a08 ?
2) If a transaction is done then it's getting noted on the network. So each computer downloads:
BITCOIN_ADDRESS_1 sent 0.342 BTC to BITCOIN_ADDRESS_2
Right?
3) Can we see the 200GB+ Network txt file?
These 3 questions are the main I cannot get the answer by googling. But I think I have more. Anyway I need to understand how bitcoin works and why it's safe, it seems too interesting.
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yes but why so much? I mean it's just news related to bitcoin.
They have a cult  See more in the gangs topic mentioned above by me. Imagine how many emails the authors get if they follow the threads You can disable receiving the emails from the account settings. Yes I know, but imagine not disabling it. Millions emails from bitcointalk |
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If he owns that much and sell them, he will be one of the richest people, right? If he sells them, then bitcoin value will decrease? |
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Loool yes. It has new reply everyday since 2013! Hundreds or even thousands. The thread is so big that it represents a gang of the forum - the biggest one - containing also some sub-gangs, as described here yes but why so much? I mean it's just news related to bitcoin. |
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Does Satoshi have account here? I hope I'm okay with the rules  |
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Και μετά από 6 χρόνια λέω και γω την καλησπέρα μου |
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since the highest posted thread in Bitcointalk has been Mentioned by @GazetaBitcoin above i will just share the next highest posts in which this the NBA gambling Thread https://bitcointalk.org/index.php?topic=1220979.0 that has 1409 pages. no thread can beat the WO because everyday there are hundreds or thousand of posts created there lol. Lol why so many everyday? I mean, @infofront, the author of WO says it's for entertainment. Does it have everyday new replies since 2013? |
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