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Market cap is a much better indicator of a cryptocurrency's performance than price. Sure, maybe 1 "CoEval" is $1200, but how many are there? Less than 50,000! Bitcoins are $2750, but there are 350 times as many bitcoins as there are CoEval tokens. If you made a currency with only 10 units in the world, and the price got to $100k, the market cap is still only $1m, 46,000 times smaller than bitcoin's market. So just because you pay more for 1 unit doesn't mean it's a bigger. That's like saying bitcoin is bigger than the euro because 1 BTC costs more than 1 EUR.

There are alternatives to bitcoin, and some of them are very big, like Ethereum or Litecoin. However, no such alternative has matched the value of bitcoin, in terms of market cap. Bitcoin shares much less of the total cryptocurrency cap now than it did a while ago, but I do not think it will be overtaken for some time, if ever.

Mining by hand would have been prohibitively impractical even back when the project first started and blocks were very easy to solve.

If the other bitcoins in your wallet have confirmed already, they won't be threatened by the existence of an unconfirmed transaction coming in.

Is it still an accelerator if every transaction is going through it? And what if there's another service like it, or many accelerator services, such that more transactions are going through accelerators than not? Are we just back to normal then?

One block to go. That was fast! This has been fun to watch and I'm looking forward to seeing what comes next

High of $2938 on BitStamp today! Now $2750, quite a roller coaster ride with bip 91 lock-in waiting at the end

Bitcoin mining can be profitable, otherwise nobody would do it. You might have heard it is not profitable if you tried doing it with, say, a graphics card, or your laptop processor. That would definitely not be profitable.

I wasn't very active last year, so to kill any doubt that I'm the person I say I am I'll sign a message with my original address:



HFwQtNh7xu7lP9IC5opx7iB9MF7jnNm2JsUsdbQWgD4QSlHsu36HdB7o/mCIp7s288N5eSd1xeJpHpxMA5IQROk=

Physical bitcoin has an advantage over paper - it's very expensive to make coins! Anyone can print out a slip with a barcode. Not anybody can afford 5000 custom hologram security stickers. It would be far easier to scam people by manufacturing paper bitcoins than brass or silver struck coins!

Not saying it's impossible. But physical bitcoins have proven to be a pretty legitimate area so far.

Everybody wants to hear from Satoshi. But is he really the wise and powerful wizard we make him out to be? He made something really amazing, but that doesn't mean every choice he's ever made has been a good one. If he came back and advocated for this BIP or that chain, we can't be certain that he'll be making the absolute right choice.

The duties of a mining pool operator are critical to the funds and mining power of their users. If a slip-up in code or uptime leads to losing a block, that is an instant $30,000 loss. In this day and age dealing with bitcoin blocks should be left only to those who know the protocol inside and out.

It probably isn't the answer you were looking for, but in this situation, if you have to ask how to do it, you definitely should not be doing it.

There may be other safer ways to use your datacenter.

Let me get this straight... Your plan is to take "all the assets of Wall Street and half the tax revenues of U.S social service programs", and redistribute them among... Let's see, 22 million tokens, and you're giving 1,000 to each participant...

You want to take $25,000,000,000,000 from "all the assets of Wall Street and half the tax revenues of U.S social service programs" - and give it to 22,000 people? That's your idea of heaven on earth? Thank goodness it's impossible, otherwise you might bring about the apocalypse. You claim to want to free the country from "unholy institutions", but the cement of this plan just looks like it wants to increase the number of billionaires in the United States from 565 to 22,000.

And you still want to make this transaction, and mandate it with a constitutional amendment that you plan to pass using a "decentralized political power" with 22,000 participants, which is completely impossible. Step 1 of any constitutional amendment - 2/3 majority in the house of representatives. The representative from the least populated congressional district in the entire country was elected with 130,000 votes. So, even if all users of this coin lived in that district, they would not be able to elect a single congressman to say yes to your amendment. And since it is such a ridiculous amendment, it will most likely not get any yes votes, unless some high-up politician wants to destroy their career.

But let's say, somehow, you get the amendment ratified. Now, the 6,000 or so listings that make up "Wall Street" must be dissolved, and all their assets seized. The 401ks, IRAs, investments, and employers of millions of people just got wiped out, completely gone. Many ISPs and water companies shut down, disconnecting the world and making cities more like Flint in terms of drinking water. The economy enters a depression unlike any other because all of the money is gone. People will probably rise up against the government, which no longer has enough money to do anything about it. The US dollar is no longer considered to be of any value - the credibility of the currency was just completely ruined. And the new elite you created won't be able to protect their non-monetary assets, so they will be broke in a few months when the masses finish raiding them. So all the wealth in the country was redistributed, not just the wealth of Wall Street. Lots of people will probably die over a combined lack of insurance, materials, equipment, and labor. Heaven on earth.

I think that this would be a good plot for a science fiction book. But right now, you are just injecting people with false hopes. Maybe this is a scam, though I don't see how you could possibly gain from this. The system as it is now has no value or potential whatsoever, even to a scammer.

I don't think so. Where do you draw the line from Bitcoin being alive and Bitcoin being dead? If the market goes back to mid 2013 levels, has it died? I for one would still be using it in that scenario. So it would have at least 1 user.

Done up to this point

CryptoPayment isn't being used anymore. You can use the instructions on this page to activate your account: https://en.bitcoin.it/wiki/Bitcoin_Wiki:Editing_privileges

All accounts up to this point are activated!

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Yes

No, but you will see a message on the main page that looks like this:


I couldn't find your accounts on the wiki. You have to register them before requesting they be activated: https://en.bitcoin.it/w/index.php?title=Special:UserLogin&returnto=Main+Page&type=signup

You don't have to pay a fee to activate your account anymore. You just have to ask to be activated

I got the good one, you all have fun with your play money

edit: it was bitcoin by the way, obviously you all could infer that from "the good one"