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1241  Economy / Exchanges / Re: Binance #safu fund on: May 09, 2019, 09:03:50 AM
I don't believe anyone who suggest Binance can help themselve with the amount as huge as 40m, they have no idea what will come next. Do you think 40m is very small for Bitmain too? I think they're going to fire a lot of staffs, starving for a long time, or even need to torture themselve for some petty stuff. Downsizing their operation, and even cutting down on security expense, I personally don't want to see it coming, Binance has a lot to do but a financial set back going to hurt them badly. I believe Binance are not as huge as bitmain and they certainly can't afford the 40m loss. Btw most hackers would have preferred Binance to just take the loss and move on, and I vowed to make the life harder for them. The entire crypto sphere are coming to a complete halt because of some naughty hackers decide to flip it upside down. It's not even funny to begin with. And I believe this hackers are hired by some notorious pundits, just like some bad guy in the movie the big short.
1242  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto holds 980,000 Bitcoins.. does anyone know their addresses? on: May 09, 2019, 08:57:03 AM
It would be great for Satoshi to donate 7000 btc for the clause from Binance exchange hacks.
But I doubt he will do it. And I'm afraid I can't afford to offer a 7000 btc worth of help.
1243  Bitcoin / Bitcoin Discussion / Re: Bitcoin is for scammers, yea right! on: May 08, 2019, 04:31:41 PM
It is hypocrites I read the title with ironic, I supposed ts want to prove something like contradicting the general opinion, and showing Bitcoin is not for scammer. So bitcoin is definitely for scammer, it didn't change anything when you try to justify it by calling the bitcoin a better option than the worst of all scams.
1244  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency: lives or dies? Part 1 on: May 08, 2019, 03:56:39 PM
My own opinion, no money can last forever, every form of money get abandoned when the generational shift from old to new gen. For Bitcoin it is supposedly a new form of money for this generation, and I didn't make it up myself, it's the Satoshi own vision to create Bitcoin as a peer to peer money system, Bitcoin may live until the next generation to come, it could be many decades, by that time you may no longer live on this planet.
1245  Economy / Exchanges / Re: Binance lost $40.7 million to hackers, which exchange is next!!! on: May 08, 2019, 07:47:24 AM
Good riddance to Binance. It serve crypto well until it lasted.
Btw 40m isn't easy to Mt Gox too, I wondered how easy it is for Binance?
1246  Bitcoin / Bitcoin Discussion / Re: Bitcoin is downloading money into your PC on: April 06, 2019, 02:47:13 PM


that is a horrible analogy mainly because it is misleading.

you don't download "bitcoin" (money) in your PC, you literary work for it to earn it. and not to mention even when you run a full node you are still not downloading "bitcoin", you are downloading the database (aka blockchain) which everyone else also has and that contains the record of your transactions. in other words your "money" is not even on your computer, it is in the blockchain shared by thousands of others. you only hold the "key" to "unlock" that "money" and spend it.

I always try to choose the word carefully, for example I choose money, and I think download money is possible, it is true Bitcoin is a currency, but it isn't downloadable, or even designed to exceed 21m supply limit, so do you think money can be "downloaded" just like how the federal reserve fractioning one unit of USD into ten unit of USD, and what is the catch here, we can do it without the FED, by "download" the money instead. That's really interesting!

The title of this thread is attractive although it is misleading to most people who are in their beginning phase of learning about bitcoin. I think it is just another too high imagination of OP in hoping to see a way to earn money from the internet. Imagining money to be downloadable, indeed it is amazing but it wont never happen.

It was true money wasn't downloadable, because it is a piece of paper and distribute to the user, since money has became a fiat, basically a digital number on the screen, I don't know how to stop it from being download or being uploaded, I think it is possible, but it is all about how to download it, because it will not be an easy task to download money.
1247  Bitcoin / Bitcoin Discussion / Re: Bitcoin is downloading money into your PC on: April 06, 2019, 02:39:09 PM
Bitcoin mining is a process that id totally different from downloading a file from the internet. It seems like you are confusing mining with downloading and you don't understand what mining is. Miners use a special software to solve math problems that allows them to chain together blocks of transactions.
That's correct it is solving a math, but I'm not sure I'm good enough to understand the technical aspect of the Bitcoin, the white paper are great, but I didn't fully understand it, I doubt anyone can read fully the idea behind the white paper

It is more of like you are - if you really like the DOWNLOADING term - downloading the record of bitcoin if you are a miner and then STREAMING your data from the network if you are just a client. Big difference.

Yeah I would prefer streaming because it's broadcasting to a big group of miners, the difference is big, for the corporate mining farm, but for individual miner, it make very little sense.
1248  Bitcoin / Bitcoin Discussion / Re: Bitcoin is downloading money into your PC on: April 06, 2019, 12:21:13 AM

Quote


Hahahahahahaha.... how can you describe Bitcoin as downloading money into your pc. I think you should spend some time to study and research on what bitcoin is and how it operates. Bitcoin is just a digital representation or form of money. The wallets used to either receive or send Bitcoin operate similar like a bank account but has no limit to the amount of funds you send or receive. 
Yes, Bitcoin definitely highly regard as be your own bank, and I agree with the idea too, rather give your money in custody to the bank, we could be our own, but how to be your own bank? It is not easy, with the Bitcoin we can be own bank, not only we can be own bank, we can also ... Download money? And who are the money upload the money so everyone else can download? That's really exciting to discover the answer myself.




It's obvious this topic op are so very complicated nithing easy money to get we need to give effort and hard work before we get money.

It is true for me to think about money too, we need hard work and also the pay are highly disparity to the effort you work, don't get me wrong I'm a huge advocate to working hard for a life, but the thing we have today, people are printing money rather than work for it, it make me very angry and frustrated at the sametime, and we are not allow to print money because it is illegal, but what if we could download money?





Yes I agree with you sir there are big difference between bitcoin mining and music or vidoe downloding to get money through internet.
I'm totally agree with it, downloaded data aren't money, they are just data. And you may sell it for money, still they are not money.
1249  Bitcoin / Bitcoin Discussion / Re: Bitcoin is downloading money into your PC on: April 05, 2019, 11:50:16 PM
I do not understand the technical aspects So if I'm wrong, people will correct me. People download the wallets, they do not download bitcoin. People mining bitcoin, they do not download bitcoin.

https://www.bitcoinmining.com

I believe that there is a great difference between bitcoin and download music, video, photos from the internet
Yes, I think when money is downloadable, it absolutely sound amazing, no one can believe money can be downloaded, but think about all the altcoin, the airdrop, the soft, hard fork, the token swap, I do not know how could I describe them into mining, Bitcoin are the only one that's purely mining. But look at the technology about download, it is always changing, we used to download from Internet with just web browser, but look at what we have today, seedbox, cloud, many internet protocol, many download assists softwares, it's growing rapidly everyday, because downloading is never an easy task, and we need to constantly making it very easy.  We may not download Bitcoin, but we absolutely download the money with the use of Bitcoin, why it is possible to download money which is totally out of my mind, I couldn't connect all the dots together because it just happens. I'd rather take it for grant.



What do you mean to make this topic ??
sounds funny when you say that money can be downloaded.
actually, the definition of mining is different from the download. mining requires special tools while downloading only requires an internet connection and a computer or mobile phone.
let's discuss ...
The first time I heard about mining, the first thing in my mind will be the pick axe used to mine metal, but mining Bitcoin isn't same as mining metal, it require a PC but not a pick axe, when I tell my friends it is a mining, they couldn't understand how to mine it. Well we definitely couldn't download Bitcoin, but we could be downloading money, with the help of Bitcoin and many other crypto, why it is possible is something out of this world, Bitcoin gave me a mind blown experience about money, I no longer look at money like I used to be before 2008, it changed my mindset a lot.

1250  Bitcoin / Bitcoin Discussion / Bitcoin is downloading money into your PC on: April 05, 2019, 07:54:01 PM

People love to download everything from Internet, download videos, download audio, download photos, download texts, download digital contents, download softwares, download blah blah, and to download something, we must first have an internet capable PC, a modern router, and an ISP

What about download money? Can we really download money from the Internet? It sound crazy because money is something valuable unlike anything that could be download from the Internet. But what does mining sound like to me? It is just sound like download money from the... Internet? To download videos we need very fast internet, but to mine Bitcoin we also need very fast, of course a powerful miner, that's crazy when download money is possible, we are just creating something impossible, because no one can believe that money can be downloaded just like Internet, can you really believe that?

What even more crazy are decade ago, everyone is dreaming of having their own free nation, to be completely escape from a usually monarchy gov system, with the introduction of Bitcoin, we're one big step closer to that goal, it's no longer a dream, but a reality that waiting to happen.
1251  Economy / Speculation / Re: BITCOIN Dump! - When to GET OUT! on: April 04, 2019, 02:22:56 AM
It's good to have some help, but with that chart I can barely get what is the context inside it, it just look like rocket science.
1252  Alternate cryptocurrencies / Altcoin Discussion / Re: Amazing News , Wu 's New Coin OverMind has arrived , all bow before it. on: April 01, 2019, 09:42:14 AM

On top of that, no one can mine this coin because it only mineable with Wu specially buidl miner, also it don't come cheap. Prepare your wallet.
The specially build miner is called 'Wu Miner' and can be brought only using 'OverMind' coin. The price of Wu Miner is 10 OverMind coins and we can also get special discount if the reference is from Jihan Wu himself. The Wu Miner has been incorporated with Jihan Wu's mind using artificial intelligence and can mine blocks rapidly.


I got it, it's some excerpt from the Wu(white) paper, it's very nicely written, I would recommend anyone to download it into their PC, you won't be upset by the English version of his Wu paper.
1253  Other / Meta / Re: I'm testing for the KYC required on: April 01, 2019, 08:18:48 AM

Oh why? I could create more dupe account, how about the kyc for my dupe? It's very bad idea.
1254  Alternate cryptocurrencies / Altcoin Discussion / Re: Amazing News , Wu 's New Coin OverMind has arrived , all bow before it. on: April 01, 2019, 08:02:56 AM

On top of that, no one can mine this coin because it only mineable with Wu specially buidl miner, also it don't come cheap. Prepare your wallet.
1255  Bitcoin / Bitcoin Discussion / Re: Warren buffet now investing in bitcoin on: April 01, 2019, 07:52:49 AM

I know he is the one who is going to pump lite coin to the moon just as a compliment.
1256  Other / Meta / Re: I'm not going to comply KYC on: April 01, 2019, 07:48:09 AM
Before we getting ban, by not comply with kyc, let's spam!
1257  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency and banking apps targeted by new Android malware on: March 29, 2019, 06:40:35 AM
Creating malwares seem to be easier way to earn crypto, and it is easy to create malware than working in a successful ico, it’s very positive to me the malwares can be a hype soon.
1258  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Government does not like crypto? on: March 29, 2019, 06:20:44 AM
More and more people are moving to crypto which is very unhealthy to them. Which make less and less people want to work for the government issued money, imagine a full generation of youth decide to do nothing and earn crypto, the entire government system will halt to work, school, hospital, bank, all would be gone because no youths want to be part of it. Gov feel the threat and want to stop it.
1259  Local / 中文 (Chinese) / Re: 金融啟示是不可避免的,我們一起改變世界 on: March 29, 2019, 05:11:51 AM
改变是需要革命的。。坐在电脑前谈何改变。
楼主肯定是___所以才酱子
1260  Bitcoin / Bitcoin Discussion / Re: Worse than BitConnect? Leader of Billion Dollar Cryptocurrency Pyramid Scam “One on: March 11, 2019, 02:33:31 PM
I found very little news about bitconnect, despite it is some of the most notorious scam, any addition would be most welcome.
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