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It most certainly is possible.
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10 minutes is a average time: the real block time can be 1 second or x hours more than 1,5 hours is rare but relatively normal  Indeed, I wouldn't worry too much. |
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Let's keep things in perspective. In 10 years 95% of bitcoins will be mined. The rest will be spare change and less and less relevant to miners for the next 100 years.
Transaction fees will be the main incentive for miners.
Very true. |
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Give it a shot, it is worth a try.
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Last I read, they are accepting bitcoins, multiple people have reported this.
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Attacks can and will occur, although I believe Bitcoin will always continue to fight another day.
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Just did the math, I have 10% of my net worth in cryptos. That's 10% of not very much, mind you... 10% is an acceptable amount of risk for most asset allocations. |
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Where is the risk in getting bitcoins?
You get the bitcoins...they can't be taken back.
Getting the bitcoins is the preferred outcome, however, there's a bit in the middle there where machine has your cash, and you have not got the bitcoins. Yah this is a risk you have to take, although you'll know if you were ripped off almost immediately and then could deal with. I doubt someone would want to put their expensive machine in that dangerous situation. |
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Ryan X. Charles, Reddit's new Cryptocurrency Engineer It's definitely long-term. Bitcoin technology will ultimately become integral to reddit. We've had some internal brainstorming about ways we could integrate - the possibilities are enormous. https://np.reddit.com/r/blog/comments/2owj55/welcome_drew_ryan_mike_daniel_joe_dave_david/cmral8pRyan X. Charles (/u/ryancarnated), cryptocurrency engineer
I discovered bitcoin on May 13, 2011 and never recovered. After developing a reputation as the bitcoin guy at the physics department, I eventually quit my physics PhD program and went full-time bitcoin. I worked for the best bitcoin company in the world, BitPay, but couldn't pass up an opportunity to bring bitcoin to millions of reddit users. I'm working on reddit's digital asset, as well as general purpose bitcoin infrastructure to enable things like micropayments and contracts. My favorite things are elliptic curves, hash functions, and Merkle trees. My favorite subreddits are /r/bitcoin, /r/sloths and /r/earthporn. If I had written bitcoin, it would have been in javascript. http://www.redditblog.com/2014/12/welcome-drew-ryan-mike-daniel-joe-dave.htmlWow, great news, thanks for sharing. |
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I've simply used BTC-e in the past, I always liked it. Although I don't know if it is the best at all.
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Very nice, that is good news.
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I think an early Casacius coin would have value, but a BTC itself. I don't think would have any numismatic value.
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The value of Bitcoin would explode for sure.
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Hope they have good insurance.
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I believe this to be very unlikely, I'm sure some could be found, but certainly not all.
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Of course, there is always room for improvement and I believe bitcoin is going to only grow that much more in the future. It is here for the long term.
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I would say two bitcoins.
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I am very excited to get this piece. I have not decided on how to keep it though..in a fancy display case or just hang it on the wall? I guess I will decide once it arrives!
Congrats on your lovely piece of art! Enjoy  |
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elwar how is the reward??? i have to test other games and i do not have time to test it!!! i appreciate if you let me know the average reward of http://www.bitfantasy.com game... BitFantasy is more of a game that uses Bitcoin as a currency than that you get paid to play. But if you build up enough resources and get good items you can sell them for bitcoins. And sometimes they have a hidden bitcoin that people can find. I have not played in a few years though. Very nice. |
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Now that's a lot of BTC!  |
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