Bitcoin consensus is controlled by miners, not full nodes. Miners won't agree to change the status quo, as they would go bankrupt. Bitcoin will always stay PoW.
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So why exactly is Dogecoin going to the moon?
Because it can.
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after getting the electric bill trying to use a couple s2 miners in california I am not as excited lol. $581 for 1 month
how much bitcoin did that generate?
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It's interesting to say the least The fact that there were 9 white members of the jury and 3 black members With 9 needed to reach the majority does say something
If they wanted a gender neutral trial should have went with 2 to 3 asians 2 to 3 blacks 2 to 3 hispanics 2 to 3 whites and two to three africans That way no one would be able to say there was a jury bias based on race or gender.
How about the proportion of races is based upon (un)employment figures, the more each race contributes to country's GDP, the more weight it should have in the voting, sort of Proof-of-Employment(Work) system, wouldn't that be more fair?
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"Nothing at stake - solved?"
Who would've thunk
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Hello guys, I would like to invest into this, but I am relatively new to NXT. Where can I find guides?
Thank you
this should help you to get started with nxt: http://nxt.org/get-started/you can invest in supernet on bter or in the nxt asset exchange, that is included in the client. be sure to pick the right asset! The correct decentralized way to invest is in bold. Bter is a centralized exchange, which adds unneccessary third-party risk between investor and asset issuer, like any centralized exchange.
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There is nothing wrong with many alts! I'm just sick of these underhanded tactics. We get it , you no longer love bitcoin and think PoW is dead. Please sell all of your bitcoins and stay in the alt section if you want to post here.
Hey why don't you go and give orders to your wife or mom? I am sure they will obey
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I promote open-mindedness, but I see you can't understand.
I own diff alts you idiot, get off your high horse and learn to have a sense of humor. Why are you so easily vexed? You need a sense of humor and take life in a light way, you seem too grumpy.
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Stay in fiat, guys, don't move to dangerous Bitcoin. Isn't it what bankers say to the unsuspecting public? Same logic here, be afraid of uncharted territory, many perils await you there Look at the picture, it was a joke that you just couldn't enjoy because you are on a crusade to promote your alt in a bitcointalk forum. Stay in your own forum and stop leaching off of Bitcoin's popularity. I promote open-mindedness, but I see you can't understand.
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Keep it safe guys, its fine enjoy a little BTC but don't move onto dangerous alts.
Stay in fiat, guys, don't move to dangerous Bitcoin. Isn't it what bankers say to the unsuspecting public? Same logic here, be afraid of uncharted territory, many perils await you there
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Do they have fees to trade? If not, it's fake volume.
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dev,when will the 1.04 version be pulished.
What will be in 1.0.4 is more important than when
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you do realise you have come full circle to become in agreement with the point of my own argument, don't you?
No, not at all. Your argument (if we can call that an argument, because to me it looked like an ungrounded statement) was that there is Bitcoin and the rest are scam coins. Is that what you say I have come to agreement with? I don't see how I have come to agreement with that. Sure, Bitcoin might have more use cases now than others at this time, however, that 'the rest are scam coins' statement reveals lack of thought. If you meant something else where I'm now in agreement with you, please be more clear.
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But it's not the tipping point after which it grows exponentially, no. It's the tipping point where people start fleeing it en masse to other technologies and undervalued cryptos. After all, why would you buy Bitcoin if you can buy something cheaper, which does the same, or even better - if you can buy something cheaper which does the same and then a few other things. Bitcoin was the bootstrapping crypto, now is the time for other technologies to take its place. It won't happen overnight, but the process has begun.
why would you buy dollars when you can buy Zimbabwe dollars cheaper? does the same thing right? Cheaper is just part of the argument (see: a few other things). Then again Zimbabwe dollar doesn't do the same (doesn't have as many use cases) as USD, that comparison is completely invalid.
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No, oil doesn't qualify, although it can be said it is more stable than Bitcoin, but you wouldn't want to sustain value with oil, unless you can buy and keep yourself a personal tanker )
sorry, you are wrong. you can buy and sell oil in the exact same way that you can buy and sell bitcoin. I am sure there are people who bought in oil at $110 per barrel. today it is ~$85 per barrel. so, in your hypothesis : It either sustains value for everyone, or it doesn't and can be grouped into the same 'scam' category.
the same applies to oil. I am pointing out that you continually contradict yourself, and am not correlating the price of oil with the price of bitcoin (before you begin that argument). If you bought into bitcoin at $1000, then that was your free minded choice to do so. If you sold out lower than you bought, then that also, was your free minded choice to do so. just, don't expect people to believe that it was Bitcoins fault that you lost money, it wasn't. anyway, it's been fun debating this with you. i have things to do. so i'll bid you good luck on your endeavours, whatever they may be. You can still use oil even though its price dropped to zero, but you can't use a crypto currency if its price goes to zero - crypto currencies have no intrinsic value. Oil does have intrinsic value and hence it can't be termed as scam even if it drops in price for some unlucky buyers, at least they can burn it to heat their house or something. That's why you can't compare crypto currencies with real commodities: cryptos (all of them with no exception) have this 'artificial' value that comes from use cases people invent for them, whereas oil has a 'built-in' use case AKA intrinsic value. Hence there is no contradiction here at all, you can't compare apples to oranges. Have a nice day.
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No, oil doesn't qualify, although it can be said it is more stable than Bitcoin, but you wouldn't want to sustain value with oil, unless you can buy and keep yourself a personal tanker )
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please give an example of any commodity which has 'held value for everyone who bought it' - your remark is ludicrous and shows your immaturity where trading is concerned. I wouldn't trust you with £1.
I never claimed there is any commodity that can hold value for everyone who bought it. It was you who claimed that Bitcoin has sustained value, I just showed you that it didn't, not for everyone, that's why many people have proof that it doesn't sustain value. While you may have proof that it does sustain value, it's only your subjective experience, and it is no proof at all to those bag holders who have experienced the opposite. personal attacks based on the fact I have a differing opinion, shows your immaturity. I am merely giving constructive comment towards your thread. You don't have to like my ideas, but please, refrain from personal abuse in your arguments.
You haven't given any constructive comment yet. All you said is there is Bitcoin which sustains value (which it doesn't as I said above) and the rest are scam coins. What's constructive about this? You haven't presented any proof of your statement, just your personal experience, which has nothing to do with objective (as in everyone's combined personal experiences, not just your own) reality.
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Your play on words is no consolation to bag holders who bought near the peak, and for them Bitcoin hasn't sustained value at all.
It either sustains value for everyone, or it doesn't and can be grouped into the same 'scam' category.
However, grouping it into the same 'scam' category would reveal absence of knowledge whatsoever on the subject of money, just like your grouping of all Bitcoin alternatives into the same 'scam' category based on the fact that Bitcoin has achieved the current $370 price and others haven't yet, totally ignoring utility value of the alternatives, reveals this absence of knowledge, blind religious faith, vested miner interests, or some combination of all three.
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1 digital (with no physical entity) bitcoin is currently worth ~$370. quite an astonishing accomplishment is you ask me.
you were clearly expecting more?
You stressed that it sustains value, but no it doesn't. We're not talking about short term accomplishments. 'Sustain value' has a long term connotation, what you said about sustained value is simply not true.
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