I think he is suggesting the IMF should start a "global" digital currency that is regulated by IMF. However, I think this is very different from bitcoin which is not regulated by anyone.
He is suggesting that the IMF "print" money to pay for programs that reduce global warming. He is just another person that doesn't understand money. The proper response to such ignorance is to suggest (with a straight face) that their government give every person enough money to make them a billionaire. |
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Basicly, what I want to know is - how hard is it to install a miner on a PC (as i have never done that before) and would it be possible to configure a miner to use low amounts of resources? I am thinking maybe to install a miner in my PC at work but would configure it so it would not critically halt my work, if that is possible.
Mining Bitcoin on a PC is a waste of time. You will mine only a couple of dollars worth of bitcoin in a year and you will pay much more than that for electricity. |
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I will post more pictures of the coins later. These coins are very difficult to photograph since they are so shiny.
Those reflections of the lake, hills and trees in the coins look fake. |
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What i know from bitcoin halving is when halving is occuring bitcoin blocks is being divided by 2 and the price have a great cance tk rocket up or go down.One thing i also know about bitcoin halving event is when halving event occuring it will be hard for miners to mine bitcoins maybe because of the bitcoin blocks being divided.And halving happrns every 4 years if i were right.
You know nothing, John Snow. |
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I use Airbitz and Mycelium on my phone. Both are great, but I recommend Airbitz for people new to Bitcoin.
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The effectiveness of trading bots is unproven. Does this particular one have a track record that you can independently verify? How do you know it isn't a scam?
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main reason for growth: miners have only half the bitcoins to dump in order to cover their costs
Supply attributed to mining is very small compared to the total supply. Mining has little effect on the price now. The halving will reduce the supply of the new bitcoins, it could increase the price if the demand is the same.
While the supply of new bitcoins (generally referred to as "production") is halved, the supply of bitcoins increases every block whether the reward is 25 BTC or 12.5 BTC. The supply never decreases because bitcoins are not consumed. So, in your scenario, if the demand is the same after the halving, then the price will fall because the supply continues to rise. |
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Could it be that satoshi had envisioned this crisis long before? or did he design it in such a way that this crisis ensures bitcoin does not go mainstream and bitcoin remains a low player, very much suitable for criminal activities alone?
Are you claiming that Satoshi Nakamoto is a real life Hari Seldon? I think not. Sorry, Satoshi Nakamoto is just a person. She is not a god, nor a super-hero, nor even a super-genius. |
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one of them is the supply and demand rule which says when the block reward turns into half of the current amount it means the amount of supply will be reduced (supply being the amount of bitcoin that is being dumped) so it means the price will rise.
"Supply and demand" does not refer to your definition of "supply". The "supply" in "supply and demand" is the number of bitcoins available for sale at various prices. "Supply" is not "the amount of bitcoin that is being dumped". When people refer to the supply of "new" bitcoins, they are really talking about "production". "Supply and demand" is a concept. "Production and demand" is not. Well, halving has always had a big impact on the price of bitcoin. I'm pretty sure the effect would be noticeable to say the least.
There has been only one bitcoin halving so far, so I don't think you know what you are talking about when you write "halving has always had a big impact". Furthermore, if the you look at the last Bitcoin halving, you will see that nothing happened immediately after the halving. If you look at the last Litecoin halving, you will see that the price fell due to the speculative bubble but has remained fairly flat for nearly a year. |
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My guess is that it will be around $500 at the halving, but it will be closer to $750 before that. Shortly after the halving it will stabilize at around $400.
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Remove the name-calling and innuendo and your post doesn't really say anything at all.
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What you need is: - BTC address - EMAIL address What you get is: - Every day USD $0.05 just for fill simple HEXAGON color box and you claim USD $0.05- Every day when you sing in you claim USD $0.005 just for sing in - For like/unlike faucets you claim USD $0.0002- and more tipe earning... My offer for beginners is become my referralls and for that I will give them way how to earn USD $1.35 just for one day and more daily earning. If anyone interesed contact me on PM. Peace  FTFY. Let's put it in dollars so people can understand what a waste of time it is. |
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My experience has been that if my computer crashes while Bitcoin Core is running, the database is corrupted and I must re-sync the entire block chain.
I now use Bitcoin Unlimited and it doesn't seem to have that problem, so perhaps Core no longer has that problem.
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As adults, we have the ability (and the responsibility) to decide our own fate. We can choose corporate incentives or not.
Government is different. Governments incentives include avoidance of death and imprisonment.
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by halving the bitcoin will be very difficult to obtain except by way of purchase. so the purchase bitcoin will increase rapidly and make bitcoin prices to rise
Most bitcoins are already obtained by purchase. The effect of reducing the daily increase in the supply by 1800 will not be perceptible. |
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I plan on mining with an Antminer S7 running at 4.330 Th/sec I am buying it and the power supply for $750 I do not fully understand the "diffuculty rates" and I don't know if it is worth my time and money. Any help would be greatly appreciated.  Here is what you need to know: Until you fully understand difficulty, don't mine. |
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Hi everyone,
New to trading - looking for some good techniques on when to enter my trades.
Can anybody here point me in a good direction?
Thanks!
Buy when you think the price will go up. Sell when you think the price will go down. Anything beyond that is financial astrology. |
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11,732 bytes with 120k satoshi as transaction fee is sufficient enough IMHO. i suggest you to stop using greenaddress and use mycelium or electrum as you can save some coins on fees there and you have full control over your private keys
Unless GreenAddress does a poor job of figuring out the right fee, then switching wallets won't make a difference. An 11kB transaction is huge. You will not be able to avoid high fees if you continue to receive many very small payments. https://bitcoinfees.21.co/ currently recommends a fee of 0.0007 BTC per kb, so an 11kB transaction should have a fee of 0.0077 BTC. |
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Also consider the Litecoin halving last year:  |
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