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This does not explain bitcoin to anyone who doesn't already understand bitcoin
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"Bitcoin market cap exceeds $20 billion"
I guess the people who continually spend more than they have are not so hot at math.
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So fake. No one just finds a parking spot at a whole foods like that.
Where we live they do, lol. Was shot during actual shopping hours. |
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Can you explain why you bought mining equipment? I think it was pretty clear that people over invested in mining and I'm curious why that happened, why buy mining equipment and not just bitcoins?
Because free money yo. At least, that's what it looks like until you do the math. I have a feeling though, based on the posts in this sub, that most amateurs have stayed away from mining this year. |
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AirBaltic yeah! Can Lithuanians pretend this is our national airline too?
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a packet radio that is specifically listening for signed bitcoin transactions to be sent to the network.
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A side thought: Decentralized exchanges seem to be an inevitable step for bitcoin. Problem is, centralized exchanges like coinbase are making millions. They have a lot to lose if decentralized exchanges take over.. So, I think that we will start to see centralized exchanges like coinbase fighting to maintain "control" in a similar fashion to how banks and governments are doing with bitcoin in general. Thoughts?
It's the sort of fight cryptocurrency should thrive on. I, for one, can't wait to see exchanges built into every wallet of every coin. |
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Myth: As a bitcoin rises in value, more people hoard the currency as it becomes too valuable to trade for something else. This effect dictates that Bitcoin will never be useful as a currency.
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If a pool starts behaving badly with its miner's hashing power, miners will leave that pool. Simple. A rich kid wrecking Bitcoin? Maybe DDOS the network and stop it in its tracks for a few hours. And what would he achieve?
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Think the other way around: Why would it happen and stay 51% for a long time? Miners are not going to destroy Bitcoin - It's their investment at stake. The mining power is not controlled by large mining pools, merely "administered".
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There is never enough hate in this world for ebay and paypal
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Don't waste your time on faucets. If youre one of those lucky bastards who always score at gambling so you know where you should go.  |
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It's becoming ever more clear to to me that the communists are actively trying to centralise and control Bitcoin.
Assholes want to micromanage peoples daily lives, thoughts and have the ability fuck with your money at will.
Keep bitcoin decentralized at all cost!
Aiming to centralize and control random stuff is naturally for communists. Failing to do this is also in their nature. Communinsts is the last thing to worry about. |
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I think I'm getting a tattoo with bitcoin address too.. only problem is I'm not a girl  Hopefully you not gonna do it on your ass like that girl... |
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Hopefully the time will come when a roadtrip with bitcoin is absolutely possible.
I'm guessing by this time next year it pretty much will be It is possible alredy, but you kind of need to try hard. |
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I would change my major. Its been 4 years of struggles with something i dont like and dont wanna do. I should have changed it after 1st yeear, but ive been so stupidly stubborn that i decided to continue.  |
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Nothing. you can eat whatever you want.
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I am telling you, if we can get Nordstroms and Bloomingdales to accept BTC, we would be at a whole another level of mass adoption. That would make so many women interested in using BTC.
LOOL this is so true!! And we will have to change the background to smth pink-ish cuz the ladies will flood the forum and ask for changes. |
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We dont need to ask them, they know everything already and i think they're already working on it.
I concur. |
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