The part where I talked about a billion people leaving their computers running all day to mine bitcoins was the part about mining bitcoins with CPUs, and where I mentioned that technology could advance in unforseen ways.

According to odolvlobo's numbers, all the billions of PCs currently being used in the world couldn't outmatch the ASIC farms that are already running.  So a lot of things would have to change for the average person to use CPU mining, even with a million-person pool. 

But we know that CPUs will continue to advance, and software and networking and mining and pools will advance, and if it's still not enough then maybe ASICs will become a household item.  So maybe Bitcoin will remain decentralized at all levels.

No I didn't.



Then men don't pressure teen girls into sex, by your standards of reality.  So why did you bring it up?





By using it to control a man's actions, body, property, and children.



So if there's no such thing as pressuring anyone, why did you say men pressure girls?  Oh, maybe you're saying no woman can make a man feel pressure, because she's not as strong and/or isn't smart enough to pressure people like men do?



I remembered what you wrote, and then I used your own logic, and then you pointed out how wrong you are.  Thanks for the help.

I asked a question.  How is that a goalpost?  CPUs aren't enough, fine, but what if laptops had ASICs?  Then would ASIC farms still dominate?

See, I haven't used up my daily limit of questions yet.  I can ask more than one.  You are free to ignore them, even if I don't have a paid banner.




True, and there are also plenty of scenarios in which it would be useless to mine Bitcoin at all.  But I never asked about today's reality, I asked about the future if and when Bitcoin was much larger.  A lot of things will be different by then, and we can only guess as to which things will change and by how much.




Neither is a billion people.  Next.



But are there more people who DON'T use money than people who DO use money?

You see, Bitcoin isn't a lottery ticket.  As I said, we're talking about a hypothetical scenario in which Bitcoin is used as money by a lot more people than currently use it.




How much money will ASIC mining cost, in the year 2120, if every home has free solar energy?





It depends - how much will a laptop cost in the year 2120? 

Besides, as I said, they don't need the fastest computers if they have a billion of them.

Yes, but if Bitcoin becomes an everyday tool for billions of people, then every cheap laptop in the world will have ASICs built-in.  The new 28nm ASICs are just the latest, but by no means the best, cheapest, or most power-efficient we'll see.  And there's no telling what other innovations could be made in any field of computing that could change the game.  For example, if standard CPUs become 100 times more powerful, then ASICs might not have as much of an advantage if they don't advance at the same rate.

Maybe 1 man has tried for every 10,000 women who have tried.  So golddigging is more female than breast cancer, since more men suffer from breast cancer than marry women richer than them.



Women don't pressure boys in their teens to work like slaves and spend all their money on women, starting a man's lifelong journey of thankless labor, crippling stress, and deadly occupational hazards?



So if men get taken advantage of, then they must be weak.  But you also said that women are really the ones who get taken advantage of.  Therefore, you are saying that women are weaker than men.  Why do you hate women and encourage rape?

Please tell us your definition of "oppression", and then please explain how it applies to women more than men. 

Never mind, obviously you can't.

Do you know why women love shopping for expensive things?  Because they're spending someone else's money.

OP is correct.  Women don't care about Bitcoin because it's money, and they can just get a man to give them money anytime they want.

Men care about Bitcoin because we need money to survive, and to pay women with so they'll have children with us.  We need work and money to survive because we don't have the alternative, which is a vagina.

Let's say the wildest dreams of Bitcoin fanatics came true, and 1BTC was priced at $100,000.

At that point, mining a block would be like hitting the lottery.  Plenty of people play the lottery every day and never win, so I think plenty of people would leave their computers running all day if it meant a free lottery ticket every 10 minutes.

So if 1 billion people were mining every day, hoping to mine 1 block in a lifetime, wouldn't it make ASIC farms obsolete?  Sure, you could still spend millions of dollars on a mining farm, but you wouldn't be mining a block every day, or every week, or even every month.  It would be like spending millions of dollars on lottery tickets and always losing money.

People always assume mining will get more and more centralized, but it could go the other way if Bitcoin really becomes a worldwide currency for everyone.  We could see headlines like "Rhode Island pool finds its first block this year;  Every RI citizen gets $5.00."

Of course, a billion people won't be able to mine if nodes can't be run on consumer hardware and home internet connections.  But maybe technology will advance enough to make it possible, even if Bitcoin is forked into a big-boys club.

I think the OP is a random assortment of words generated by a bot.

Bitcoin is a network of computers.  Coins are generated as a reward for securing and maintaining the network.  

Your bitcoin is a symbol which represents the work which was done to generate it, and the coin allows you access to use the network.  

The coin exists only on the network, as a series of unforgeable transactions which prove the coin's authenticity from now back to the moment it was generated.  A valid amount of coins shows how much of the network's resources you are entitled to use, and we know the coin is valid because we know you received it from its previous valid owner.  We know the previous owner was valid because we know where he got it, and so on.

The "thing" that exists on your computer is a private key (a password or code) to your wallet address, which allows you to access your coins on the network.  Even if you spend all your coins, nothing is different on your computer.  You still have the same private key, but the network shows that the coins have moved from your address to someone else's.

CON is 600, DOGE is 56, NOBL is 12

Poloniex is telling me that the DNS blockchain is "defunct", and therefore the DNS can't be withdrawn even though they told me to withdraw it.

If the blockchain doesn't exist, then the coins don't exist.  I know Poloniex wouldn't intentionally sell me something that doesn't exist, so maybe it's just a misunderstanding.

The Bitshares devs are telling me that DNS was merged with Bitshares in November, before I bought the DNS from Poloniex.  But then they also said that I could use my DNS to claim Bitshares with my Bitshares wallet.

If that is not the case, and the DNS I bought at Poloniex was in fact non-existent at the time it was sold to me at Poloniex, then the sale would have been a mutual misunderstanding between both parties.  My understanding was that I was buying something I could withdraw, and clearly Poloniex also thought it could be withdrawn since they told me to withdraw it. 

Therefore, in the case of a mutual misunderstanding, the sale could possibly be considered void under certain legal precedents, and I could simply be refunded the btc I spent on the DNS.  I am currently awaiting a response from Poloniex about it.

I went online and found the faucet, then pasted that into the bitshares client, and now my client sometimes says "registration pending" and sometimes "not registered on the blockchain". 

Anyway, now Poloniex is telling me my DNS can't be sent.  So if my bitshares account does get registered, how can I claim BTS proportional to my share of DNS?

The plant is growing every day, but still retaining its fundamental self-similar properties

Did he ever get it worked out?

Nobody has yet really answered the question - the reason it's so hard to buy bitcoin is because a lot of people bought it with credit cards and then had their credit card company reverse the transaction.  In other words, it's easy to get scammed when you're selling bitcoin online, so they have to do a lot of stuff to protect themselves.

When I first signed up with Coinbase, it seemed like endless hoops to jump through, and endless waiting to get any bitcoin.  But now that I'm verified, it's the easiest thing in the world.  I just click and buy and it's instantly sent to my wallet, up to $1000.  I chose Coinbase because it was the only one that didn't require me to send a video of myself holding my photo ID next to my face.

I also used Brawker.com, which lets me buy something online and send it to someone else, and then they send me the bitcoins.  It works, but it's also slow and complicated, and you are limited to the amount of btc and the exchange rate the users have offered.

New altcoins will be like a miracle for decentralized exchanges and all the people around the world. 

Your question is "How will people get any money in the first place that can be used on the exchanges?"

Solo mine any new altcoin, trade it for another relatively cheap coin, trade that for doge, trade that for ltc, trade that for btc.

Or just accept bitcoin for your own goods and services in the real world, and use that to enter the exchange.  Maybe you'll buy a cheap new altcoin from a homeless street child in India who has an hour a day at an internet cafe.

True, you can't expect logic from politicians any more than you can expect it from women.  It will be up to masculine people to keep Bitcoin going, and we can't allow people to shame us into submission with their petty insults.

If Bitcoin isn't important enough for a lot of people to mine, then it won't be important enough for anyone to try a 51% attack.