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1  Bitcoin / Press / Re: [2018-03-12] ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce on: March 14, 2018, 02:56:36 PM
Quote from: dreamhouse on March 13, 2018, 07:00:09 AM
interesting concept, not sure how successful it will be, possibly not to the level of production as mining is limited.

Could you please explain this point about limited mining?
2  Bitcoin / Press / [2018-03-12] ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce on: March 12, 2018, 02:43:51 PM
On March 10 the co-founder of the exchange Nakamoto X, Kamil Brejcha, revealed a photo of large bunches of tomatoes that were grown using excess heat from cryptocurrency miners. Mining rigs and computer servers, in general, give off a decent amount of heat and many cryptocurrency proponents have used this resource to heat homes, and other types of solutions. Brejcha explains the “cryptomatoes” became a reality after they developed a system that helps blow excess heat into the greenhouse.

“Who would imagine that mining cryptocurrencies and agriculture can work together?” Brejcha asks his followers on Twitter.

The full article: https://news.bitcoin.com/cryptomatoes-using-excess-mining-heat-to-grow-produce/

For me it's absolutely amazing how the progress goes forward and how the new technologies can be used in different ways. What are your thoughts?
3  Economy / Economics / Re: Why price is volatile if amount of bitcoin doesn't decrease? on: March 08, 2018, 07:19:49 AM
Quote from: jseverson on March 08, 2018, 07:00:16 AM
Quote from: Leokey on March 08, 2018, 06:20:24 AM
For example with the last dip to 6k it is said that the whale was selling huge amounts of bitcoin, which made it go down. Alright, but if he sold it, doesn't it mean that someone else just hold it now?

Not necessarily. If they dump them at an exchange, exchanges will have a surplus of circulating Bitcoins, making the price drop. They're not considered to be "held" by anyone because they're constantly on the selling block.

This is where demand plays its part. There are lots of coins up for sale, and there's more people selling than buying, so the effective "amount" you're speaking of is actually increasing. You need to look at the amount of circulating coins rather than the total supply.

So it means that if everybody is selling, the exchange is having an overstock of the coin, making the price drop?

I see the point with the total supply and actual amount of coin curculating on the market. Thanks
4  Economy / Economics / Why price is volatile if amount of bitcoin doesn't decrease? on: March 08, 2018, 06:20:24 AM
Hi guys!

So the other day I was wondering why the price is so extremely volatile even though the amount of bitcoin do not actually decrease?

I understand the whole thing with supply and demand, but shouldn't the fact that the total amount of BTC is circulation is limited constantly boost the price up or keep it stable?

For example with the last dip to 6k it is said that the whale was selling huge amounts of bitcoin, which made it go down. Alright, but if he sold it, doesn't it mean that someone else just hold it now?And if yes, why the price is sliding?

I know that I am missing some crucial point. Will be glad to hear you out on this one.
5  Bitcoin / Press / Re: [2018-03-07]Russian IT Company Mail.Ru Opens Up Crypto Payments For Advertising on: March 07, 2018, 12:33:21 PM
Quote from: davis196 on March 07, 2018, 12:20:24 PM
OP,you forgot to mention which cryptocurrencies will be accepted.I`m sure that bitcoin won`t be one of them,due to the high fees and slow confirmation time.Let`s hope that this good news will boost the prcies of some of the major altcoins,like ethereum and monero.

According to some other news sites, Mail.ru is going to accept BTC and BCC. Seems they don't care much about the fees and slowness
6  Bitcoin / Legal / Reguated cryptoexchanges on: March 07, 2018, 12:23:10 PM
Cryptosphere is not well regulated yet. Do you know any cryptoexchanges which works under any legislation?
Or at least are there any steps towards this regulation?
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