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i don't see how to download it. can you send me a pm with a link?
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this thread is highly relevant to my interests. please keep us posted on the progress of this project.
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Can someone please explain to me if this is normal. I believe this is happening since yesterday when I upgraded the firmware. There was always discarded shares but not nearly this much. Unfortunately as well antpool's website has been down all day so I can't even check what hashrate I'm getting on the pool.,
Status Pr GW Acc Rej Disc Last Diff1 DAcc DRej DLast Best Alive 0 4394 20564 65 2107821 15:27:55 81285120 80840448 260096 4096 99709828
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my prediction: Zimbabwe announces adoption of bitcoin as their national currency
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LOL, I feel a bit silly now. Thanks for the clarification.
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youre talking about the value of each bitcoin infinitely rising. like in 15 years each BTC worth 28.783 million dollars, and my coins appreciating in value .5% in the time it took to pay for my coffee.
somehow this seems unlikely.
This time your question is not clear... If in the future there is 3 billion people using bitcoin for day to day activities, there will be a significant portion of the finite amount of coins constantly flowing into various governments tax coffers and temporarily (maybe) being taken out of circulation. For it to be a viable payment system for everyday use, the value of each coin would have to constantly be on the rise to account for the large amount of them being taken out of circulation. I should also say that I don't believe bitcoin will ever fully replace the fiat system, at least not in the next 100 years
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Say BTC does gain mainstream acceptance, and your girlfriend starts buying her $18 dollar lattes in starbucks using bitcoin. They have to charge sales tax on that transaction. There is a finite number of bitcoins. If they hoard them and spend fiat, on a long enough timeline, all the bitcoins will end up in hands of the tax collectors. what then?
TO charge taxes they would have to know who is initiating the money. With mixers and partial anonymity its hard to know that, hence hard to charge taxes. Have you heard the phrase "death, laundry, and taxes" before? There is a user on this board with a similar name. You're dreaming if you think you'll never have to pay any taxes because you used a mixer or whatever. Either mixers will be illegal, or bitcoin will be.
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youre talking about the value of each bitcoin infinitely rising. like in 15 years each BTC worth 28.783 million dollars, and my coins appreciating in value .5% in the time it took to pay for my coffee.
somehow this seems unlikely.
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Say BTC does gain mainstream acceptance, and your girlfriend starts buying her $18 dollar lattes in starbucks using bitcoin. They have to charge sales tax on that transaction. There is a finite number of bitcoins. If they hoard them and spend fiat, on a long enough timeline, all the bitcoins will end up in hands of the tax collectors. what then?
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they are either from the future and computed the corresponding private key to the cold wallet using an array of quantum computers, or it was an inside job.
i dont get how its finally possible to control your own funds such as with bitcoin, and people go and relinquish that control to someone else.
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if you had a time machine, bitcoin is nothing. i'd bring some automatic weapons back to genghis khan times and take over the world.
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first check if it has a silly-ass name like ZIFTRcoin. if it does, it is destined to languish in obscurity, fading away slowly until one day no one even remembers it existed. take it from there.
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as long as its called DARKcoin, it will never have even close to same rate of adoption that bitcoin has even right now. People who don't understand technology (aka 95% of the entire world) will never trust something called DARKcoin. Ever. It will bubble up and down a few times, and ultimately fade away.
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re: Bitcoin, Darkcoin, Ethereum, Ripple, et al..
I was listening to a podcast yesterday with one of the Ripple guys. I know almost nothing about Ethereum but I'm assuming its similar to Ripple. That's to say, a massive system that makes it possible to transfer assets globally, be it currency, contracts, whatever.
Here's what I don't get. Why the need for a native Ripple currency inside this system, if the stated purpose is a system to make it safe for transfering BTC, dollars, etc.. What would be the point of the "native" ripple currency? What's the point of "Ethers" in ethereum? What's the point in having 500 different "altcoins"?
People don't understand technology. I know this, because I'm having hard time understanding why anyone would be against the 20MB fork in bitcoin, i feel completely out of my depth reading these threads, yet my friends think I'm like Neo because I can set up their wifi for them. They are clueless, as are like 98.5% of everyone everywhere when it comes to technology. Having 500 different coins and whatever will keep the masses AWAY from cryptocurrencies, until one or perhaps a handful clearly emerges as the dominant and most widely accepted one.
Also, you will NEVER convince granddad that something called ZIFTERcoin is money. You will never convince someone who doesn't have a deep understanding of technology that it is safe to use something called DARKcoin. It sounds like it was created specifically for buying drugs on the internet. Computer geeks understand what the "dark" in darkcoin is supposed to mean, but we are an extreme minority in that regard. I think these coins will fail ultimately just due to their silly names, regardless of how good the underlying technology might be. Bitcoin at least sounds legit.
Anyways, pardon the rambling, i've never been much of a writer, but I guess what I'm asking is, what do you guys think will happen to Bitcoin because of all this. As someone who doesn't even fully understand Bitcoin yet, let alone ripple, ethereum, etc.. it seems like we're gonna end up with the same shit we have now. A thousand disparate choices for payment, and exchange fees out the wazoo when I want to buy something on Amazon with my XYZcoins but amazon only take ABCcoins etc.. Aside from the underlying technology, how is this any better?
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this is literally the second dumbest thing i've ever read
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any word on this? huge hashrate drop and brutal couple of days.
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i think i remember some of your videos from years ago.....about how silver was going TO DA MOON. of course i might just have you mixed up with someone else from the legion of retards who were predicting the same thing.
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Price is indeed important at minimum from PR perspective. Now that Bitcoin has entered into the collective subconscious of the public , what will happen when it surpasses 1100 again in 2016? Mass Adoption?
Price is all PR. You should watch the latest video with Andreas in a podcast, its very clear the price is not that important, plus we are still up looking at the big picture. You mind posting a link to this video?
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