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Author Topic: Long Term Problems with Cryptocurrency  (Read 1682 times)
Lauda
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November 08, 2013, 11:42:29 PM
 #21

About the PPC - proof of stake concept is not secure as much as proof of work. So Bitcoin does not have any issues, in fact given huge hash rate it is only really secure coin
Wrong.
POW is not as secure as POS is. Any coin which implemented POS is more secure than Bitcoin is.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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gongomanny
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November 08, 2013, 11:46:26 PM
 #22

PS: Please no Co2 discussion - it is lame, it is wrong. and .. it's just wrong. too much BS about that climate topic. Climate is in steady change. That's natural. Looking at earth history this planet was not able to host live most of its time.

Your right, we are getting there slowly (planet not able to host live)
And yes it is natural because we are part of nature
MR2 (OP)
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November 08, 2013, 11:54:33 PM
 #23

omg .. getting eaten is natural. extinction is natural (happend 2 times - without any humans)

back to topic please, we may open another co2 related topic.

oh wait - how funny would be an co2 coin? or a climate coin. Let's reduce heating costs worldwide by inventing a clc (climatecoin) with extreme high difficulty! That would save sooo much energy which is wasted by heating in colder countries.

Actually I already do use my GFX Card as a small heater (while mining LTC), because it is winter and temps drop actually down to 18°C and we have no heaters here (we are subtropical climate). So I am actually saving the environment.
Lauda
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November 09, 2013, 06:25:18 PM
 #24

Long term problems with Fiat? It will be valued 0.0001 BTC  Tongue

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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umaOuma
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November 09, 2013, 06:35:55 PM
 #25

Long term problems with Fiat? It will be valued 0.0001 BTC  Tongue


USD dont care it will be traded 10.000 USD / BTC, there is much more USD available and even more every day for this inflationary currency. So not poblem at all

Lauda
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November 10, 2013, 08:12:46 AM
 #26

Long term problems with Fiat? It will be valued 0.0001 BTC  Tongue


USD dont care it will be traded 10.000 USD / BTC, there is much more USD available and even more every day for this inflationary currency. So not poblem at all


You mean that's causing its problems and it will get devalued?

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