 Show Posts
|
|
Pages: [1]
|
Hey, check out something weird - I was following on CoinTelegraph's contest to win 5BTC when noticed this stuff.  Check out this creepy video - there is a guy claiming he's the real Dread Pirate Roberts, and Ross Ulbricht was just a decoy.
Looks ridiculous enough to be true. |
|
|
|
|
The orginal article says they have no idea how the bacteria got out.
|
|
|
|
another contest,
can we use animation videos to apply
Same question  Of course, you can make an animated movie and submit it to us, BUT only as long as it is fully original content made by you! Thanks. Of course it's going to be original content! |
|
|
|
another contest,
can we use animation videos to apply
Same question |
|
|
|
Maybe it is not. I just mean it has to be as commonly used as popular fiat currencies.
I don't think it's going to happen at all. For an average housewife to freely use bitcoin - its going to take ages from now. I don't expect all housewives to use bitcoin and we don't need that for it to become widely used. |
|
|
|
Now we only have to wait until Christmas and see who wins.
It's going to be me!!! I were late looking this contest  It must be lucky guy and can figure out the exact BITCOIN price. Anyway why exchange that act as a judge for Bitcoin Price ? What if someone guess lower a bit than the exact result ? I was late, too. Oh well. Good luck to participants. |
|
|
|
What's interesting about that Szabo paper is the inherent confluence of the evolution of fiat type money and social structure including taxation and violence. It brings to mind the following questions pertinent to bitcoin. 1) Can a non-socially binded (apolitical) money thrive just because it is useful? That is, are messy social cohesions part and parcel of a working system of value or can value exchange be purified as an abstraction? My hope is that it can. 2) If all forms of money are inherently intertwined with social construct including national fiat, does Bitcoin's success ultimately depend upon same. At this point Bitcoin fulfills a psychological and philosophical need more than any market convenience. Perhaps is still necessary for an abstract ephemeral token to have value as an intellectually interesting artefact. |
|
|
|
Furthermore, the vast majority of current users do not have all their savings in Bitcoin.  Moon. Soon. |
|
|
|
Sounds good and everything. Honest people will use Bitcoin. Dishonest people will content to use credit cards and follow steps 1 through 10.
Unless paypal is planning to stop accepting credit card payments for digital goods (which I'd say is about as likely as a snowball's chance in hell), then they haven't really improved their position at all. What they have done, though is reduced the fees they'll pay to the credit card companies.
Honest buyers will use Bitcoin, not necessarily sellers. For instance, you can sell a fake digital product with Bitcoin (various ways I'm sure you know, outside of just not delivering the product), scam the buyer and the buyer is SOL. This already used to happen with Liberty Reserve before they were shutdown. |
|
|
|
|
I heard about it like around 2011 ..when a site on the internet wrote about it. I remember how i laughed at it and decided to not buy 2500 bitcoin for 30 euros....now im slapping myself
|
|
|
|
|
Very disruptive, I think there's some good stuff in here to help take aim at the problem of Media-bias based on ownership. Disrupt FOX news.. I like
|
|
|
|
So assuming this is true and the article says it's about 5% of the bitcoin mining network, that means this facility is generating $2.7 million per month minus $1m in electricity for a profit of $1.7m per month. Because it's china I'm going to assume this ware house was much cheaper to build than in the US and go with $10 per sq ft for about $320,000 to build. Based on the previous calculations, we can deduce that this facility is running 4.42 pentahashes per second. Now assuming they bought in bulk so they get a huge discount on machinery, lets say they got their equipment for $1k per T/H. So they probably paid $4.42m for the equipment.
Total cost to start this farm? $5.72 million dollars to generate $1.7 million per month in profit. That would be all fine & dandy if difficulty didn't go up.
Maybe someone more familiar with how fast difficulty goes up and tell us all when these guys break even...or should i say IF they break even. (assuming price stablity of course because if they are just mining to hold coins, they should've bought them straight out)
Apparently, people can now get 8TH for about $5 to 6k from Asicminer. |
|
|
|
Might want to check, but several months ago a story circulated with proof that fewer than ~200 BTC were ever stolen due to tx malleability. If this specifically was the claim Mark made, then it's a lie. |
|
|
|
|
Forbes contributors aren't some unified body. They freelance contribute. I've read many good articles by contributors and many really terrible (and grammatically error-ridden) ones like this.
|
|
|
|
|
i guess this why bitcoins are done, too much money to sustain
|
|
|
|
|
It doesn't matter who created Bitcoin. The source code is public. Read the source code and anyone can see everything it does, and everything it does not do.
|
|
|
|
|
In the majority of cases, waiting for confirmations is a waste of time. The difficulty in pulling off a double-spend is so convoluted and tricky, I don't think waiting for confirmations is worth it unless you're dealing with huge inter-bank or inter-business transfers. I've made purchases with Bitcoin about a dozen times now, and each time only took a few seconds. I think the longest transaction was about 7 seconds. Most were practically instantaneous.
|
|
|
|
|
