http://thelibertarianrepublic.com/is-china-cornering-the-bitcoin-market/



I heard this from several sources. I was listening to a podcast on NPR, and although most of the podcast was so misinformed it was hilarious, they mentioned the same thing.. that Chinese miners are against scaling solutions so they can force higher transaction fees.

Is this true? I would think the Chinese miners have more incentive than anyone else to allow bitcoin price to rise. They are they biggest holders, and a price rise to $2000-$3000 will gain them more profit than forcing transaction fees on a congested network. The idea of purposely hampering growth for short term gains sounds foolish as a miner who are the biggest stakeholders.

The free market isn't perfect, but the miners should have all the incentive to not restrict adoption, or to scare people away via a congested network.

What is your take on this?



Also aren't all the Core Devs American and European? So, there's a balance? Heh

Im curious  because im earning 0.005 per day , Im curious if it is a bit low. If it is a bitlow i will find another way to earn bitcoin again

Yeah if price reaches to that level then it would be really difficult to earn it as even small earning can give us huge returns but I don't think we will ever see that high price.

What is the best way to earn Bitcoin? Are faucets worthwhile or is there an easier way? How much can I expect to earn?

Can bitcoin really do anything to solve world poverty problem? Brian Singer certainly think so. He thinks that Bitcoin can bring minimum everyday earning for people more swiftly than any other economy system.

Is it possible?

http://www.forbes.com/sites/steveforbes/2015/04/02/how-bitcoin-will-end-world-poverty/

Why would I trust a coin that drops in value massively when sites selling it are getting DDoSed?

this means it has no credibility at all, people can choke it with DDoS and then short it over and over again

too bad, it was a good coin

bitcoin has afftected my life a lot not only positively but also negetively.thats because there was a time when i use to walk run and even jump like a monkey with friends and all the outdoor stuffs but after getting involve in this bitcoin thing i am spending most of my time either coding or learning new programming languages or earnin btcs for somewhere . should i lower spending my time in internet or not and is there anyone who is facing this type of addiction here