grappa_barricata
Full Member
 Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
|
 |
September 15, 2014, 05:40:59 AM |
|
Bitcoins mined stay constant, irregardless of network hashing power. Well it decreases for a short while, until the difficulty adjusts. This might take several difficulties.... True, but also the 'unplugging' (lets assume), will be distributed over time. The rate of bitcoin mined over time has stayed remarkably constant, resisting any hashing power variance:  What a beautiful creature  |
|
|
|
|
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
JorgeStolfi
|
|
September 15, 2014, 05:43:53 AM |
|
How does it compare with Trezor? (The price is WAY less than Trezor's .) Trezor uses its display to foil keyloggers that try to steal your PIN, and to display the destination address to prevent address substitution by malicious software on the computer. |
|
|
|
|
jaberwock
Legendary
Offline
Activity: 2548
Merit: 1073
|
|
September 15, 2014, 05:47:15 AM |
|
Lose your hope.
We are going nowhere but sideways.
Jaberwoooock warned you.
|
|
|
|
|
Buo
Member
Offline
Activity: 112
Merit: 10
|
|
September 15, 2014, 05:47:58 AM |
|
How does it compare with Trezor? (The price is WAY less than Trezor's .) Trezor uses its display to foil keyloggers that try to steal your PIN, and to display the destination address to prevent address substitution by malicious software on the computer. The price is really low, I don't think I would trust them, but with enough feedbacks they could take Trezor's first place among hardware wallets. |
|
|
|
|
ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
September 15, 2014, 05:59:03 AM |
|
|
|
|
|
|
|
yokosan
|
|
September 15, 2014, 06:35:18 AM |
|
|
|
|
|
|
lyth0s
Legendary
Offline
Activity: 1260
Merit: 1000
World Class Cryptonaire
|
|
September 15, 2014, 06:56:48 AM |
|
I don't understand this video? |
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
September 15, 2014, 06:59:06 AM |
|
|
|
|
|
|
grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
|
|
September 15, 2014, 07:04:28 AM |
|
I don't understand this video? It was a cheap ass production targeted at kids, 10 years ago. With bitch-slapping inducing singers apparently. But the link is probably a subtle hint at a possible downward market movement. |
|
|
|
|
Hunyadi
Legendary
Offline
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
|
|
September 15, 2014, 07:21:59 AM |
|
I don't understand this video? It was a cheap ass production targeted at kids, 10 years ago. With bitch-slapping inducing singers apparently. But the link is probably a subtle hint at a possible downward market movement.  |
|
|
|
|
intighet
Member
Offline
Activity: 83
Merit: 10
mene mene tekel upharsin
|
|
September 15, 2014, 07:33:52 AM |
|
I don't understand this video? It was a cheap ass production targeted at kids, 10 years ago. With bitch-slapping inducing singers apparently. But the link is probably a subtle hint at a possible downward market movement. Almost 20 years ago, now  |
|
|
|
|
|
anujjain
|
|
September 15, 2014, 07:54:47 AM |
|
We are still on weekend mood, no movement at all. |
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
September 15, 2014, 07:59:03 AM |
|
|
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
September 15, 2014, 08:59:03 AM |
|
|
|
|
|
|
jeezy
Legendary
Offline
Activity: 1237
Merit: 1010
|
|
September 15, 2014, 09:03:02 AM |
|
That is a nice stable graph. However; that nice stable line does include the faster than 'scheduled' increase in difficulty... https://bitcoinwisdom.com/bitcoin/difficultyOn average the network is mining 20% faster than 'scheduled'... Yeah that's been like this since over a year now approx. Moving in the average zone of 20% I guess. Would be cool if the price did the same  |
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
|
|
September 15, 2014, 09:23:30 AM |
|
I'll be retired by 33.
I save 75-80% of my income currently, have plans to build a house within the next year (eco home made with earthbags, very low cost)
Once I remove my housing costs I will easily save 90%+ of my income.
By 33 I will be financially independent (have enough to never work again) but I will continue working, or i'd get bored.
My plan is to continue til about 40, then Ill have way more money than I need, and I can take up something interesting and expensive like diving without worrying about paying for it.
This is assuming that my x amount of bitcoins do not go up. Even if they stagnate I am on course for this, if they go to $5000 a piece it'd knock at least 2 years off that, I would be financially independent if that alone happened, let alone my savings.
I agree that saving 75 to 90% of your income is a pretty decent plan to retire early - so you already have a pretty good idea that you can live off 10 to 25% of your current income and that if your passive income generates that amount of income, then you would be able to live without working. However, it seems kind of abstract, if we do NOT know what is your current age? so, how many years from now until you reach 33? And, also kind of abstract if we do NOT know how much you figure that you need to live monthly or annually? If you are choosing to keep working, then maybe you are figuring that the amount is NOT quite enough. Also, a little unclear that you are planning to consider yourself "financially independent," at age 33 (if things go as planned) but have already decided that you are going to choose to voluntarily work 7 more years after that, between the age of 33 and 40? |
|
|
|
|
JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
|
|
September 15, 2014, 09:30:26 AM |
|
I'll be retired by 33.
I save 75-80% of my income currently, have plans to build a house within the next year (eco home made with earthbags, very low cost)
Once I remove my housing costs I will easily save 90%+ of my income.
By 33 I will be financially independent (have enough to never work again) but I will continue working, or i'd get bored.
My plan is to continue til about 40, then Ill have way more money than I need, and I can take up something interesting and expensive like diving without worrying about paying for it.
Do you have a wife and kids? I'm guessing no. I have a wife, no kids. The wife is my main expense, lol I would surmise that both of you are adding income to this plan, no? And, maybe her need to spend is higher than yours? Well, anyhow if both are on board for the plan, then you need to account for whether there is going to be future satisfaction with the planned spending and savings .. and then are there plans for kids and what about accidents? I mean unplanned for kids? |
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
September 15, 2014, 09:59:04 AM |
|
|
|
|
|
|
Winner
Legendary
Offline
Activity: 1190
Merit: 1000
Look ARROUND!
|
|
September 15, 2014, 10:01:27 AM |
|
470.21 mini dump just happened
|
|
|
|
|
|
EuroTrash
|
|
September 15, 2014, 10:13:18 AM |
|
1st attempt at breaking the bearish pennant to the downside.
Yeah there might be no Manipulator anymore but still, as soon as the volume runs dry, someone shows up and dumps a thousand coins.
|
|
|
|
|
|
Poll
