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Maybe he is tricking us by really using binary, so my second guess is 8.
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If you are getting 400, then you are just lucky because the vast majority of us are getting almost exactly 334.
On the just buy BTC theory, you may be correct, but we want to mine! Probably best to do a combination.
On the price drop theory, it seems like people are not remembering Cypress. More and more rumors of Cypress happening here. That will drive the price up. Also, serious rumors of fiat not being fiat anymore because the IMF is moving to a commodity backed system to readjust the values of all currencies. This will include precious metals and everything else like oil, etc. not just gold and silver. If that happens, then we may be in much better USD shape long-term and BTC rise will be much slower. Digital currencies still have the advantages of near instant payment without a bank and middlemen to take a cut.
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Current Winning Bids
r00t$ 1 @ 1.0
taenaive 1(of 2) @ 0.85
Two for 1.0 BTC i.e. 2.0 total... |
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Assuming it stiii exists, it HAS to because the dollar is constantly losing buying power and the difficulty is rising constantly.
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Your number + 1 - 1
Serious guess. 16
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I'll agree that democracy by itself is not good enough. You need to follow a good moral code along with it. Does not have to be a religion per se, but at least a Bill of Rights type agreement.
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Same. I stopped at taxes. And taxes are needed unless we want a complete anarchy.
The question is not whether taxes are needed. It is whether or not stealing is immoral even if called something else. If you feel that stealing is necessary for society, fine...like Malcolm X saying that the ends justify the means. It is still immoral. It is not stealing if a majority agree. You always have the choice not to pay and hide your cash and go to jail or move somewhere where you don't have taxes(like living on a boat in the middle of the ocean). |
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You cannot run society (building roads, etc.) without some taxes. Why not? If for no other reason than payment to the contractor. He needs $125K per 2 miles, or some such amount. How do you pay him?? Or do we each make 5 feet of the road with some of us not being physically able to?? |
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wonder if the coins will be in a gov auction... lol
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Fiatkiller
1EpwQiu72fMFBhWzWCnRHimCcXBon8cs81
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The whole point of the survey is to try and convince people that taxation is illegal and/or immoral. You cannot run society (building roads, etc.) without some taxes. How much, and how it applies are whole other cans of worms...
9/10
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Then why is everyone and their brother running 9 + fan fine...
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What do you mean "8+"? The Anker one works great.
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The real question is how the heck are you getting a hashspeed of 400 instead of 334? Do tell...
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How about viewing your internet connection for bytes sent & received?
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People hoard their bitcoins. They are reluctant to spend because they think the price will go up and they don't want to lose out - they don't want to be that pizza guy paying $2million for his dinner.
I still don't get this hoarder-argument. You can hoard and still spend coins without any problem, just rebuy any coins you have used right after that. That follows if you have fiat to convert. But what if you are mining or earning your coins? Then the coins are your salary - maybe your only salary - and you need to decide whether to spend or save - if the purchasing power of the coins looks likely to rise due to the coin design, then the urge is to save. If you are earning alt-coins - say merge mining an alt-coin along with your bitcoins - then the tendency is to save the bitcoins and use the alt-coins for expenses. But because no ecommerce site takes alt-coins, folk are forced to go to an exchange, sell them and then send the fiat to their bank minus hefty bank charges, to buy their dinner. So why not allow these folk to spend the coins directly, that way no exchange and bank costs. The above scenario is pretty common - there are loads of threads asking why people merge-mine alt-coins - and the answer is that the alt coins pay for expenses. Now we just need an ecommerce person to exploit that... Litecoins are being accepted at more & more sites. On the conversion to fiat... you buy precious metals and take them to your local dealer to convert back into fiat. |
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But it has also reached the support line from the last fall. ;-)
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+1 Great info for everyone considering a business.
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It was Paypal President David Marcus that said "The big question is whether [Bitcoin] is going to go mainstream or stay limited to just a few zealots and criminals." I started my bitcoin business, stampbit.com, with the intention of finding out for myself. Its been two months since i have started and have seen very little interest for this bitcoin version of USPS click'n'ship. No its not instant like clicknship, nor can i reasonably compete with my supplier on price, but then again i am trying to provide something that may prove inaccessible to anyone without a paypal account or credit card, and do it in a way thats much more convenient that how USPS does. now what sort of person doesn't have a paypal account or credit card? either 1) very poor people. 2) criminals who don't want to divulge their identity. can you think of anyone else? if so please let us know. 3. In countries which is banned by PayPal... Good point! India is practically outlawing paypal. |
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