I intend to engage in pre-mining
FAIL |
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It's kind of funny, I looked at the Litecoin.org site the other day, and it listed the advantages against bitcoin.
- faster confirmations
- mining algorithm cannot be used by ASICs
- 4 times the coins in the monetary base
And, none of these things are actually advantageous and/or true. I wonder whether the Litecoin ASICs might eventually begin the demise of Litecoin, as reality starts to sink in that the claimed advantages aren't what they're billed as.
I'm not against competitors to bitcoin, but there's got to be a feature that bitcoin doesn't do better, or there's no real point. Every new coin so far has pretty much reflected the understanding deficit of most people who are attracted to the cryptocurrency concept. I'm happy to admit to having thought that Namecoin and Litecoin were a good idea at one point, but I've changed my mind. They're trying to solve a problem worth solving, but fail to do so convincingly. (bitcoin + distributed data storage is better than Namecoin, and Litecoin just flat out fails to do what it claims)
Don't forget the original advantage of being GPU resistant, which got swept under the carpet. |
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does anyone notice there are generally less coins to sell due to mass hodl and more people entering all the time?
The price will have to rise many many times over if people want my coins. |
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If Bitcoin is not a currency, how are these different from any other vending machine?
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I think you need to educate yourself how mining and difficulty work. |
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I need more proof. I'm not convinced.
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I need more sources before I believe it. Only a rumour at present.
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I can't ever see Litecoin stealing Bitcoin throne. Litecoin isn't different enough.
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You can do everything with cash but not so much with bitcoins. That is the sad truth
You can't send cash across the globe in seconds. That's where Bitcoin steps in. |
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DOGE walked on the moon,
bye bye DOGE.
LOL
your bitcoiner. shut up, bitcoin is like 5 years old and dogecoin 1 month we will be bigger then bitcoin. A bigger what? |
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I don't believe they have access to the money so what's to discuss.
What reasons do you have to believe that? |
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is DOGE dying off or is it just hitting a low?
The smart money has now moved onto the next pump & dump. Only bag holders left now.  |
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Why would you not want to work? Working, and having your own business especially, is great.
+1 Working gives you a purpose in life. Not everyone hates their job. |
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Then there are those of us unfortunate enough to be born into a country we hate. I see absolutely nothing good in my country. The climate is terrible, the economy is horrid, the politicians are communists and the people are psychopaths. All I ever wanted for the past ten years is out. This does nothing to incentivise taking an education or trying very hard at work. Then along came bitcoin, the only honest money in the world at this point, and a way off the frozen asshole of the world.
Where do you live? Denmark. I fail to see how Bitcoin will solve your problems. By giving enough ROI to travel until I find somewhere worth living? This is an expensive process. But you will still be unemployable because you have no skills. Moving has solved nothing. You need a trade/skill so employers want you. That goes for anywhere in the world, not just Denmark. |
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Then there are those of us unfortunate enough to be born into a country we hate. I see absolutely nothing good in my country. The climate is terrible, the economy is horrid, the politicians are communists and the people are psychopaths. All I ever wanted for the past ten years is out. This does nothing to incentivise taking an education or trying very hard at work. Then along came bitcoin, the only honest money in the world at this point, and a way off the frozen asshole of the world.
Where do you live? Denmark. I fail to see how Bitcoin will solve your problems. |
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Then there are those of us unfortunate enough to be born into a country we hate. I see absolutely nothing good in my country. The climate is terrible, the economy is horrid, the politicians are communists and the people are psychopaths. All I ever wanted for the past ten years is out. This does nothing to incentivise taking an education or trying very hard at work. Then along came bitcoin, the only honest money in the world at this point, and a way off the frozen asshole of the world.
Where do you live? |
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If suckers continue to buy the new coins, they will never stop.
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mBTC are still cheap to buy.
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Genesis block created 2009-01-03 @ 18:15:05 GMT.
Wonder what the next 5 years will bring?
So where's the Google Doodle today Google?
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