 Show Posts
|
|
Pages: [1] 2 3 4 5 »
|
|
Banks won't make a bitcoin clone for the simple reason they wouldn't be able to debase it and in doing so transfer wealth to themselves. Do people not understand how the banking fraud works?
|
|
|
|
Hey all,
I've been wondering this since I started to get into it. What happens if the price of Bitcoin tanks? We see these huge companies sink tonnes of money into mining farms. If the price tanks, do they continue to mine at a huge loss or just shut them down? Would the difficulty ever go back down to try to boost the price?
Sorry if this has been answered elsewhere.
Well, if their mining cost (electricity etc) is higher then profit, then they should shut down since you can always buy Bitcoin using the electricity you paid... Which then drives the price higher and makes mining economically attractive again. |
|
|
|
|
They just make stuff up that suits their agenda, the war on btc is starting in earnest. These people need a war on something, anything, to confiscate, justify and of course spend... their bloated budget and ultimately survive or they'll have to go and try getting a real job.
It's reminiscent of the kimdotcom fiasco, little more than autonomous, corporate sponsored gestapo criminality masquerading as law enforcement. The MSM act as accomplices to the crime.
|
|
|
|
|
The false wars on some drugs and its recent bastard offspring the false war some terror, fighting civil liberty on your behalf at your expense for over 100 years.
|
|
|
|
Well I have obviously tried and I may have missed something although I have been into btc for a while. There is still a lot to learn If you criticize you should provide some hints for the source where to find more info in the subject to make it easier for me. Critcizing without offering a solution has no value. It brings nothing Why would you get involved in mining and not want to enlighten yourself, it isn't like the information is secreted away in the dark recesses of the net or impenetrable to mere mortals.
There's me thinking you were being sarcastic.. just goes to show. Ask me a question if you're just wanting to make me do a test or head over to https://en.bitcoin.it/wiki/Main_Page for a starter. I already asked you a question which you ignored. You said "most basic understanding of how the mining/minting process works" So if you think that I don't understand how it works you are welcome to explain it here what you think I don't understand and where did I make a mistake and why it is a mistake. So far you hafve brought no coherent criticism. Just vagule criticised without explaining what is inccrect nad what I dont' know. As I said crtiicism is pointless if not backed by coherent information. OK we're at cross purposes, I never initially replied to you though you've clearly chosen to make it so. I have made no comment on anything you said before your reply steering the conversation to being about yourself. I'll refrain from further comment since we're clearly on a different page. |
|
|
|
Well I have obviously tried and I may have missed something although I have been into btc for a while. There is still a lot to learn If you criticize you should provide some hints for the source where to find more info in the subject to make it easier for me. Critcizing without offering a solution has no value. It brings nothing Why would you get involved in mining and not want to enlighten yourself, it isn't like the information is secreted away in the dark recesses of the net or impenetrable to mere mortals.
There's me thinking you were being sarcastic.. just goes to show. Ask me a question if you're just wanting to make me do a test or head over to https://en.bitcoin.it/wiki/Main_Page for a starter. |
|
|
|
|
Why would you get involved in mining and not want to enlighten yourself, it isn't like the information is secreted away in the dark recesses of the net or impenetrable to mere mortals.
|
|
|
|
|
It never ceases to amaze me, the number of people who appear to be involved with bitcoin mining and yet don't seem to have grasped even the most basic understanding of how the mining/minting process works.
|
|
|
|
I fully agree man, the drones are one of the most terrorizing and cowardly innovations ever released on mankind. It makes perfect sense when you look at who is largely responsible for their development. |
|
|
|
That's not at all what I said. Read the whole post before making a stupid TLDR post that includes quotes to create a manufactured statement.
You did, and should think about the implications. First of all, a yemenite doesnt distinguish between CIA, FBI, NSA, military or whatever. Its all the same to them (at to a large extend, to me too). Secondly, if they are unable to celebrate weddings or travel in groups, do anything some uniformed kid in a bunker on the other side of the planet may find suspicious, if they constantly have to live with the fear of being bombed by an invisible drone, duck for cover every time something flies over them, then they are being terrorized. I dont use that word lightly, its exactly what it is. If my country was constantly being bombed that way, innocent civilians being massacred indiscriminately, my children traumatized, I would resist as well. And you'd call me a terrorist for resisting, Id say you are the terrorist. QFT |
|
|
|
|
That is a paper wallet.
How you choose to make the marks on the paper or any other material that communicate the key combination doesn't matter, as long as it isn't going to get lost or degrade, or the marks become illegible or disappear before you need to use them.
|
|
|
|
|
The message is clear, don't be "up to no good" and mess with the US military industrial complex. Now, are you listening America?
|
|
|
|
|
Dissent is democracy, bitcoin is something I'm invested in for the long haul, I could do more but I take on what I feel comfortable doing and support anyone who feels the need to do more. I draw the line only at committing crime against the person. All the problems discussed in this thread are only possible because of the money monopoly which captures populations and preserves the power and fear that perpetuates itself, making everything else possible, including the MSM filter applied to western illegal wars and extra judicial murder in foreign lands. I wonder how many illegal drone strikes there would be if the bill for it all came directly out of the wages of those ordering and committing the atrocities.
|
|
|
|
This is why I'm a libertarian: these horror stories will only stop once people take responsibility for their actions. A part of this responsibility is not allowing other men to commit immoral atrocities in your name. We're all responsible for these deaths.
I'm not responsible. The government has nothing to do with me. They are a racket that steals my money at gunpoint, nothing more. If a thug steals my money on the street and buys some bullets with it and shoots someone with them I am not responsible. If I cheered the thug on or made excuses for the murder that would make me pretty immoral which is why I don't defend the government at all. I agree. It's the politicians that order and authorize these attacks and the people that keep voting those criminals into office that have innocent blood on their hands. My conscience is clear. Are you saying that to be completely in the clear morally, and the only thing you have to do is not to vote in the politicians that order the atrocities? I don't agree. I'm not from the US but I feel partly responsible for the millions of innocent people that have been killed (mostly by the US and partly by its allies) while I paid taxes to a government that supports the US, even though I didn't vote in the people who approved the support. Although, shouldering all the worlds problems onto oneself is of course not feasible. But living more or less like an agorist is. Personally, I feel that achieving just that is many years ahead of me (though bitcoin will help alot to speed it up). The question is, is it better to be a dissident (and have a clear conscience) at the cost of other ambitions? What if those ambitions are about creating (and hence adding value to society)? For me, having a completely clear conscience is not possible when atrocities continue while better knowledge is so easily accessible as today. But, I won't allow guilt to consume my life either. Still it is hard not to think of the opposition to the Vietnam war, nothing near that scale of opposition happened with the Afghanistan and Iraq wars. Maybe we are getting more complacent..... or more fearful. |
|
|
|
|
Try to imagine the hateful ignorance displayed by brainwashed crackpots like honeypot, such a person planted at the controls of the new kill a muzzie game the occupying US drone strike empire is obsessed with. The results are evident for all to see.
|
|
|
|
|
Live fire rehearsals abroad for the coming collapse at home. Who are the real terrorists.
|
|
|
|
land of drons, GMO, chemtrails....
...and faux news |
|
|
|
Just for you.  |
|
|
|
|
Post a picture of an elephants arse, it has about the same relevance you twit.
Or is that intended as the usual rot used to try and close down the truth. No wonder the zionist terror cult hijacked, patented and enslaved the suffering of "the jews".
|
|
|
|
Poor honeypot, such a jaundiced arrogant brainwashed view.
Zionism hijacked Judaism for material and political gain. Zionism is a terror cult that has used theft embezzlement and murder to make Israel and enslave jews in a zionist entity. Jews lived there in small numbers along side others. This ownership of the land bullshit is utter invented nonsense to justify an eastern european inbred cult takeover of land that was never theirs to take.
Without the US propping up the filthy entity and protecting it from international justice there would be no Israel and the displaced palestinian arabs wouldn't have to do a thing to make it disappear.
LOL you can't even make an argument without descending into a completely baseless racially charged argument, and you suppose I am 'brainwashed'. Typical ignorant fools these days. After a good deal of experience seeing things from many sides, I have more than enough confidence to tell outright who is the one doing the self-serving lying. 'Zionist' LOL. If my people were up in arms with their periods on because of a small group of people we outnumber by 200 to 1, I would be so ashamed I couldn't show my face in public. You need educating. There is no racial element, charged or otherwise. "Jews" are not a race, that is a zionist invention just like Israel itself and the narrative used to justify the theft, colonisation and illegal occupation of land in the region. If you knew anything about Judaism you'd know the terror state is an abomination and makes a mockery of the teachings of true Jewish religion. It's nothing more than a US sponsored east european colony founded on extortion, terrorism and murder. |
|
|
|
|
