gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
December 21, 2017, 01:54:53 PM |
|
Exactly. But one day, mining hardware competition will come. Mining pool competition will come.
I'm not worried.
In the early 1990's, there were only a few companies that made reliable modems. The only onramp people had to the WWW. And these companies enjoyed a monopoly.... for a while.
That's why I'm not worried about Bitmain. Their day of reckoning will come.
Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.
|
|
|
|
Torque
Legendary
Offline
Activity: 3710
Merit: 5286
|
|
December 21, 2017, 01:59:32 PM |
|
Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.
TBH, I don't either. They should be able to clone the hardware, so I assume it's the start up costs associated with tooling and production of Bitcoin miners. But you would think that by now we would start to see some commodification emerging in that area, as well as some innovations and efficiencies.
|
|
|
|
alexeft
Legendary
Offline
Activity: 854
Merit: 1000
|
|
December 21, 2017, 02:00:19 PM |
|
Exactly. But one day, mining hardware competition will come. Mining pool competition will come.
I'm not worried.
In the early 1990's, there were only a few companies that made reliable modems. The only onramp people had to the WWW. And these companies enjoyed a monopoly.... for a while.
That's why I'm not worried about Bitmain. Their day of reckoning will come.
Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already. Bitmain patented a way to use a bug in bitcoin code, so that their miners were some percent faster than others'. That bug was gone when segwit came. Bshit still has it though, hence the real reason for the fork (at least one of them)! Bshit is much fast, very network, such wow!
|
|
|
|
|
Torque
Legendary
Offline
Activity: 3710
Merit: 5286
|
|
December 21, 2017, 02:04:39 PM |
|
Just fyi, we may some EOY selling. Pretty typical in the equities world.
|
|
|
|
xhomerx10
Legendary
Offline
Activity: 4004
Merit: 8789
|
|
December 21, 2017, 02:16:31 PM |
|
More like Bitcoin is Steve Jobs and BCash is Tim Crook.
|
|
|
|
Ludwig Von
|
|
December 21, 2017, 02:32:40 PM |
|
[/quote] More like Bitcoin is Steve Jobs and BCash is Tim Crook. [/quote] [/quote] Good one, I always make that lapsus too... .
|
|
|
|
conspirosphere.tk
Legendary
Offline
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
|
|
December 21, 2017, 02:37:34 PM |
|
When is it anticipated that all the bull shit spam transactions will stop? Over 248k unconfirmed transactions is ridiculous, I haven’t checked but I assume a massive % of those are spam.
When more large miners will enter in the scene so that Jihad's spam fees won't return to the spammer.
|
|
|
|
|
Torque
Legendary
Offline
Activity: 3710
Merit: 5286
|
|
December 21, 2017, 02:41:23 PM |
|
Good one, I always make that lapsus too... .
Should be this: "Winning has never been about making the most. Winning is about making only one viable product, and then gaslighting people into believing it is the best." - Tim Cook
|
|
|
|
|
Ludwig Von
|
|
December 21, 2017, 02:44:35 PM |
|
Good one, I always make that lapsus too... .
Should be this: "Winning has never been about making the most. Winning is about making only one viable product, and then gaslighting people into believing it is the best." - Tim Cook
Crook it is !
|
|
|
|
BitcoinBunny
Legendary
Offline
Activity: 1554
Merit: 2766
Far, Far, Far Right Thug
|
|
December 21, 2017, 02:56:57 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
|
|
|
|
HanvanBitcoin
|
|
December 21, 2017, 03:00:55 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
Haha im loving it! Lucky i bought myself 10k more ripples on Monday 1$ hit, i wonder where this bull run will end
|
|
|
|
BitcoinBunny
Legendary
Offline
Activity: 1554
Merit: 2766
Far, Far, Far Right Thug
|
|
December 21, 2017, 03:02:50 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
Haha im loving it! Lucky i bought myself 10k more ripples on Monday 1$ hit, i wonder where this bull run will end Nice one. I only hold a few K but bought when all that cost just a few hundred bucks.
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
December 21, 2017, 03:09:15 PM |
|
Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.
Sure. Being in China, they are exceptionally difficult/impossible to sue. Many mining companies had lots of lawsuits and sometimes I wonder if those were funded by other mining companies, leaving bitmain.... They also actually delivered product although the recent quality seems to be.... poor.
|
|
|
|
AlcoHoDL
Legendary
Offline
Activity: 2534
Merit: 4673
Addicted to HoDLing!
|
|
December 21, 2017, 03:09:47 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
Haha im loving it! Lucky i bought myself 10k more ripples on Monday 1$ hit, i wonder where this bull run will end Nice one. I only hold a few K but bought when all that cost just a few hundred bucks. I hold several k of XRP... It's always nice to have variety. Funny thing is that I bought them using the airdropped coins, no fiat used. And I believe XRP is a serious coin. Serves a purpose. XRP @ 1.04 € / $1.24 !!! But my stash is overwhelmingly BTC. So, come on Honey BTCadger, WAKE UP!
|
|
|
|
BitcoinBunny
Legendary
Offline
Activity: 1554
Merit: 2766
Far, Far, Far Right Thug
|
|
December 21, 2017, 03:14:35 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
Haha im loving it! Lucky i bought myself 10k more ripples on Monday 1$ hit, i wonder where this bull run will end Nice one. I only hold a few K but bought when all that cost just a few hundred bucks. I hold several k of XRP... It's always nice to have variety. Funny thing is that I bought them using the airdropped coins, no fiat used. And I believe XRP is a serious coin. Serves a purpose. XRP @ 1.04 € / $1.24 !!! But my stash is overwhelmingly BTC. So, come on Honey BTCadger, WAKE UP! I think Honey Badger is hibernating for a short while whilst Roger Ver and Jihan Wu are poking it with some sticks.
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
December 21, 2017, 03:15:49 PM |
|
Come on Ripple you can do it. Make Ver and Wu sweat.
Haha im loving it! Lucky i bought myself 10k more ripples on Monday 1$ hit, i wonder where this bull run will end I'm positive I claimed some type of Ripple airdrop in 2013. Gawd knows where that went to.
|
|
|
|
Flamaicon
Member
Offline
Activity: 140
Merit: 13
|
|
December 21, 2017, 03:16:19 PM |
|
WTF? WHATS HAPPEN? All coins dump ?
|
|
|
|
|