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What makes Bitcoin different is the cryptography it's based on. If you don't understand that, it's obvious that you think that it's all bullshit.
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Thanks For sharing This! If cold storage isn't safe then where do we store our coins securely?  0 Kelvin storage, of course |
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just send them when there is still even a little sings of life
You either believe in the currency or you don't. You can't be in both sides. |
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Seems like it did not finally died on 13 of January 2015.
Do we have any other candidate date?
no, its the day its started dying painful slow death.. If it's a slow death, how can you determine the exact date it started? |
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what you it seems that you do not understand or you do not want to say is that : "Even if the manufacturer (https://bitcoin.org/) claims that it runs open-source code, how do you tell whether it is actually running what you compiled?" Verbücheln said.with other words: MANY developers worldwide are working in their free time to a project, in this case, Bitcoin. That's why it's called OPEN SOURCE. These developers can put anything they want INTO the source code: ".... that some pieces of open-source code are so large and complex that even a dedicated community of developers may not detect a malicious addition."So, COLD Storage can be easily hacked.  That is true for any open source project, even the Linux kernel. |
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I sure did. That was exciting.  hey, but is it not the bitcoiners philosophy to use Bitcoin as currency only without any speculation?
No, it is not. That sounds like a rather poorly conceived philosophy in any case, as a currency needs speculators to provide liquidity. tell that to the hordes who sustain something else you can find tons of post with "Bitcoin is not for speculation" Anyone is free to do with Bitcoin what one pleases. Some try to use it as a currency, some hold it as an investment. I don't agree with the latter, but there's nothing I can do about it. |
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hey, but is it not the bitcoiners philosophy to use Bitcoin as currency only without any speculation? LOL
It's my philosophy at least. I didn't “win” money. All bitcoins I've bought are either in my wallet, or I already spent them on stuff online. I never change them back to fiat. |
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But, seriously. What does it actually mean to “reach the Moon” for Bitcoin? Is it about the price? I don't think it should be. It should be about global adoption. Only when everyone can buy groceries with Bitcoin can we say that we have reached the Moon.
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"Shoot for the moon and if you miss you will still be among the stars." - Les Brown
Shoot for the moon. If you miss, shoot again. Keep shooting and never stop. Someday, one of us will destroy that stupid skycircle. |
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Ah, I thought it said "Gold Showers," and I was ready to dispute the value of gold with regard to Bitcoin. Such is life. I don't think that means what you think it means. |
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I predicted it, SO now what do you do?
Wow. You predicted it. And you were right. Do you want a monument? |
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1Nubit = 1$ Always.No BTC volatile.
Anonymous
It's perfect.
what do you think?
1Nubit = 1$ Always. Anonymous It's perfect. +1, I agree with u, it is developed by solid team, PPC team, it will be a huge thing.  Why do you two people use the same words? |
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The great bit coin monetary experiment is over. All that's left is to switch off the bit coin servers.
What bitcoin servers? Where are they located? |
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Bitcoin must be regarded as a long-term investment instrument and not a currency right now if you ask me because the fluctuations are too great.
I think that's the problem, actually. When people start treating it as an actual currency, the fluctuations will begin to lower. |
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Having $0 money does not equal living on the streets. If you had previously bought a house, and some time after you find yourself with no money, the house doesn't simply vanish. You can still sell it and rent somewhere less expensive. Also, I assume you continue working, right?
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Step 12. When Bitcoin crashes down to $0, go to Home depot get some quality rope
In such a case, I would have no money at all. Are you implying I should steal that rope? |
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Too bad Bitcoin is dead. As you can see here, no new transactions are being generated. I guess if I try to send all my bitcoins they will be stuck forever unconfirmed. |
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Now that QE has stopped
What do you mean by this? It doesn't bring anything new to the table anymore that current monetary system doesn't solve a hundred times more efficient.
Yes, because a decentralized mathematically unhackable currency is what we already had for years. |
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