Fatman3001
Legendary
 Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
 |
February 16, 2016, 10:49:54 PM |
|
That does not compute. Advancements in asics does not equal higher value. |
|
|
|
|
|
|
|
|
|
|
|
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Cconvert2G36
|
|
February 16, 2016, 10:56:18 PM |
|
That does not compute.
Advancements in asics does not equal higher value.
Silly fat man. New chip deployment = mewn... k? Meanwhile...  Come on in panicking global economy! The mempool's fine! |
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
February 16, 2016, 11:01:01 PM |
|
|
|
|
|
|
|
sAt0sHiFanClub
|
|
February 16, 2016, 11:01:52 PM |
|
That does not compute.
Advancements in asics does not equal higher value.
Silly fat man. New chip deployment = mewn... k? Meanwhile... Come on in panicking global economy! The mempool's fine!  |
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
February 16, 2016, 11:02:10 PM |
|
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund. "There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency." So we decentralize by putting three quarters of our mines in one government's jurisdiction? Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch? |
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
|
|
February 16, 2016, 11:04:40 PM |
|
...
Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch?
I am not concerned with this at all... Should provide a massive shorting opportunity.  |
|
|
|
|
hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
|
|
February 16, 2016, 11:10:15 PM |
|
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund. "There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency." So we decentralize by putting three quarters of our mines in one government's jurisdiction? Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch? who care about some government shutting down mining farms? it will provide great opportunity for the rest of the miners and newcomers. bitcoin is the government plague. too late for them to do anything about it. PS: fuck the MIT, and fuck Gavin. |
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
|
February 16, 2016, 11:12:19 PM |
|
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund. "There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency." So we decentralize by putting three quarters of our mines in one government's jurisdiction? Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch? ... at which point a HF does become necessary and a new POW algorithm will be adopted, something more centralising-resistant. |
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
|
|
February 16, 2016, 11:13:15 PM |
|
That does not compute.
Advancements in asics does not equal higher value.
Silly fat man. New chip deployment = mewn... k? Meanwhile... Come on in panicking global economy! The mempool's fine!  |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
February 16, 2016, 11:17:31 PM |
|
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
|
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
|
|
February 16, 2016, 11:20:06 PM |
|
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
-pool's closed  |
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4465
You're never too old to think young.
|
|
February 16, 2016, 11:20:58 PM |
|
...
Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch?
I am not concerned with this at all... Should provide a massive shorting opportunity. Me neither. If the Chinese miners were all shut down, difficulty would plummet. Would that make my old BFL miner not obsolete anymore? |
|
|
|
|
pleaseexplainagain
Member
Offline
Activity: 115
Merit: 10
|
|
February 16, 2016, 11:21:19 PM |
|
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund. "There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency." So we decentralize by putting three quarters of our mines in one government's jurisdiction? Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch? you are not the only one. I am also concerned. I like bitcoin and its still has many uses (eg buying, transmiting it and the new owner cashing out as the price of bitcoin is effectively irrelevant ) But what it has finished with chinese control is any hope of bitcoin being a store of value. Not sure what that means for more adoption by newcomers but it can only to me mean far fewer and many cureent holders reducing their holdings over time. |
|
|
|
|
Gyrsur
Legendary
Offline
Activity: 2856
Merit: 1518
Bitcoin Legal Tender Countries: 2 of 206
|
|
February 16, 2016, 11:21:33 PM |
|
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
-pool's closed satoshi starts to sell his coins |
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
|
February 16, 2016, 11:21:52 PM |
|
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
paedophiles, everywhere you look paedophiles |
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
|
|
February 16, 2016, 11:22:38 PM |
|
Am I the only one that needs to use a VPN to access this for.um? |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
February 16, 2016, 11:25:51 PM |
|
Am I the only one that needs to use a VPN to access this for.um? no there are 3 other poeple in your country that have to do the same thing. no wait that's 3 poeple including you. |
|
|
|
|
BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
|
|
February 16, 2016, 11:26:38 PM |
|
^Odd. -Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
paedophiles, everywhere you look paedophiles They liked adults before they were adults.  |
|
|
|
|
|
cr7
|
|
February 16, 2016, 11:27:21 PM |
|
-Governments shutting down mining farms
-Chinese government's hand on the kill switch
-Gavin is likely working with them
-extremely severe bug found
did I forget to mention a new piece of FUD that the market obviously doesn't give a shit about?
Quantum computers will appear tomorrow and mine all Bitcoins, including the already mined |
|
|
|
|
billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
|
|
February 16, 2016, 11:33:20 PM |
|
OMIGOD. Why wasn't I informed of this? I want Blockstream on the line right now for me refund. "There is general agreement in the Bitcoin community that the system must remain decentralized to prevent the possibility of any company or government controlling the currency." So we decentralize by putting three quarters of our mines in one government's jurisdiction? Why am I the only one apparently concerned by this? Everybody cool with Chinese government's hand on the kill switch? who care about some government shutting down mining farms? it will provide great opportunity for the rest of the miners and newcomers. bitcoin is the government plague. too late for them to do anything about it. PS: fuck the MIT, and fuck Gavin. What if they don't shut them down? What if they just take them over? What give's Bitcoin it's security, stability and advantage over altcoins is the massive mining infrastructure. If we had to start over, we may never recover. You couldn't fork away from China without also making every SHA256 ASIC on the network useless. It's an open protocol so the ChiComs could just point to any new fork and instantly be able to mount another 51% attack. That means we wouldn't just lose the Chinese Mines. We would lose all the mines. This is an even bigger problem than Block Size, IMHO. Whoever controls the mines controls Bitcoin. |
|
|
|
|
|
Poll
