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Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] BCT by CG Blockchain - Join Token Sale on March 1st!
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on: March 02, 2018, 01:56:02 AM
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Please be aware of the fact, that a Contribution within the TGE (Token Generation Event) is not a form of investment, but a Contribution into a Smart Contract System for the generation of BCT Tokens. The BCT Tokens confer only the right to provide and receive Services in the Network and confer no other rights of any form with respect to the Network or Company, including, but not limited to, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property), or other financial or legal rights. Participants in the TGE understand and accept that the BCT Tokens are not intended to be a digital currency, security, commodity or any other kind of financial instrument and may lose all value.
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Economy / Speculation / $300 or $800 next?
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on: March 22, 2014, 08:50:33 PM
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The price of Bitcoin is currently around $550.
Which do you think will happen first: a $250 decrease to $300, or a $250 increase to $800?
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Bitcoin / Development & Technical Discussion / Base58?
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on: March 21, 2014, 07:24:31 AM
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Where can I find a Python function to convert bytes to base58 for addresses and wallet import format private keys?  The wiki only has what appears to be some kind of pseudocode.
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Economy / Speculation / Inflation, deflation, and adoption?
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on: March 20, 2014, 02:40:25 PM
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Currently, Bitcoin is inflationary because of miner rewards. This is offset because of adoption, so the price tends to go up over time.
As block rewards get smaller, the price should rise even without further adoption, or rise even more with further adoption, correct?
Does this mean that, even if only 10 times as many people are using Bitcoin by 2020 compared to now, the price should be more than 10 times as high?
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Other / Meta / Rank signature rules?
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on: March 19, 2014, 11:00:28 PM
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Are different ranks (Jr. Member, Member, Full Member, etc) given different restrictions in signatures? I've noticed that the paid signature I have always seems to show up red on Full Member and up, but blue on Members. Is this just a coincidence, or do Members and under have colors removed from their signatures?
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Alternate cryptocurrencies / Altcoin Discussion / Scrypt ASIC?
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on: March 19, 2014, 01:33:42 AM
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I've heard mixed information about scrypt mining hardware. At first I heard that it was designed to be GPU resistant, but almost all scrypt mining is done with GPUs. Now I hear it will be difficult or impossible to make a scrypt ASIC. Is this true?
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Bitcoin / Development & Technical Discussion / Rapid decrease in mining power?
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on: March 17, 2014, 02:07:23 AM
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The difficulty is changed every 2016 blocks (2 weeks). When the amount of mining power stays the same, this works fine because there's still a block every ~10 minutes. If there's a sudden increase in mining power (ASICs), this works fine because there's a block every couple minutes and the difficulty is fixed much sooner. But, what would happen if lots of Bitcoin miners in the world had to stop mining for one reason or another (power shortage, natural disaster, government disaster). If mining power dropped suddenly so that there was only a block every 2 hours, it would take almost half a year for the difficulty to be fixed. Wouldn't this be a problem? It's kind of a catch-22, the network needs more miners to speed up blocks in order to live without more miners 
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Other / Off-topic / 10 Random Songs
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on: March 15, 2014, 01:50:03 PM
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Threads this stupid are usually reserved for Facebook, but it's on-topic in off-topic, so why not? Put your music library on shuffle, press next, write the song here, and repeat until you have 10 songs written here.
Pendulum - The Vulture Eminem - 3AM AC/DC - Shot Down in Flames Muse - Animals Dropkick Murphys - The Dirty Glass Eminem (and like 5 others) - Bitch Please II AC/DC - Shoot to Thrill Beastie Boys - Hold It Now, Hit It Eminem - Stay Wide Awake Blink-182 - Feeling This
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Other / Off-topic / The Internet on a Disc
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on: March 13, 2014, 04:16:08 PM
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 I don't suppose anyone knows where an image of this can be found? I'm interested to see what would have been on it. It's pretty funny how, on a disc that can only store about 2 million bytes, they claim to have "millions and millions of sites".
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