d_eddie
Legendary
 Offline
Activity: 2478
Merit: 2895
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February 25, 2018, 03:04:34 PM |
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Adam Smith was right. Stop trying to control things and everything works out. So there is only one shovel maker? That means their products are functional and their prices are reasonable. The moment either of those stop being the case, someone else will overtake them.
The invisible hand only works if there are no hidden hand-choppers, like unnaturally high entry barriers to the business or vast discrepancies in the price of energy. Alright, point them out. I'll point out just one: delayed access to leading edge mining hardware. A jus primae noctis of sorts, imposed by the lord to the commoners. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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February 25, 2018, 03:10:05 PM |
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Adam Smith was right. Stop trying to control things and everything works out. So there is only one shovel maker? That means their products are functional and their prices are reasonable. The moment either of those stop being the case, someone else will overtake them.
The invisible hand only works if there are no hidden hand-choppers, like unnaturally high entry barriers to the business or vast discrepancies in the price of energy. Alright, point them out. I'll point out just one: delayed access to leading edge mining hardware. A jus primae noctis of sorts, imposed by the lord to the commoners. You're saying nobody else can make something on par? Why not? |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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I can see 8000 where I will purchase another $100k Of BTC. What is your plans?
My plan is to ignore you. |
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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February 25, 2018, 03:12:06 PM |
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3 days to go over 13K seems like a tuff nut to crack right now  but as we say it seems to be a nice buying uppertunity under 10K i hope in short time it will be 1 of the last chances .... |
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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February 25, 2018, 03:22:25 PM |
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is crypto done??   |
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sirazimuth
Legendary
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Activity: 3346
Merit: 3482
born once atheist
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February 25, 2018, 03:42:04 PM |
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I can see 8000 where I will purchase another $100k Of BTC. What is your plans?
My plan is to ignore you. That is your mistake Ibian. You think you are somebody here with your “Legendary” status. In reality you are a foolish person. Also can tell from how u speak that you most likely are not worth very much money. you must be new here.... |
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mike4001
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February 25, 2018, 03:46:37 PM |
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And another whole week of constant slow down-movement.
Well, maybe it goes to 10k again in the coming months.
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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February 25, 2018, 04:09:43 PM |
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And another whole week of constant slow down-movement.
Well, maybe it goes to 10k again in the coming months.
or in the coming hours |
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Gab0
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February 25, 2018, 04:10:15 PM |
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I very much agree with Ibian, Itod and Conspirosphere.tk.
Mining must be decentralized through competition, through research into the use of renewable energies, research into more efficient and economic technologies, through innovation, etc. Go fuck all the Keynesians who think it's a good idea to change the PoW without a real threat. For that they have altcoins or even Bitcoin Gold. If you consider a PoS as a possibility, for that you have ethereum and hundreds of other tokens.
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d_eddie
Legendary
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Activity: 2478
Merit: 2895
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February 25, 2018, 04:52:12 PM |
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Twitter media aren't working well, no suitable MIME type and stuff. I found a link to the full talk on YouTube, but it's almost 1 hour long. Could you provide an approximate time or a YouTube link to the appropriate time? |
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mindrust
Legendary
Offline
Activity: 3234
Merit: 2413
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February 25, 2018, 04:53:44 PM |
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Twitter media aren't working well, no suitable MIME type and stuff. I found a link to the full talk on YouTube, but it's almost 1 hour long. Could you provide an approximate time or a YouTube link to the appropriate time? |
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flynn
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February 25, 2018, 04:57:28 PM |
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Twitter media aren't working well, no suitable MIME type and stuff. I found a link to the full talk on YouTube, but it's almost 1 hour long. Could you provide an approximate time or a YouTube link to the appropriate time? The guy shows some talent, he is really funny and convincing. |
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d_eddie
Legendary
Offline
Activity: 2478
Merit: 2895
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February 25, 2018, 05:23:11 PM |
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Twitter media aren't working well, no suitable MIME type and stuff. I found a link to the full talk on YouTube, but it's almost 1 hour long. Could you provide an approximate time or a YouTube link to the appropriate time? Thank you  |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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February 25, 2018, 06:05:43 PM |
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HSBC? Good to have it stored with a trustworthy organization. I'm sure all is as it should be.
snicker |
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BTCMILLIONAIRE
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February 25, 2018, 06:09:05 PM |
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I very much agree with Ibian, Itod and Conspirosphere.tk.
Mining must be decentralized through competition, through research into the use of renewable energies, research into more efficient and economic technologies, through innovation, etc. Go fuck all the Keynesians who think it's a good idea to change the PoW without a real threat. For that they have altcoins or even Bitcoin Gold. If you consider a PoS as a possibility, for that you have ethereum and hundreds of other tokens.
I personally hold the position that people should consume much more energy and be much more wasteful than they are now. If that really drove climate warming, natural disaster or resource shortage, the industry and governments would be forced to reallocate as many resources as possible into researching nuclear fusion and other alternative with utmost urgency. |
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svdleer
Member
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Activity: 112
Merit: 10
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February 25, 2018, 06:12:06 PM |
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And another whole week of constant slow down-movement.
Well, maybe it goes to 10k again in the coming months.
or in the coming hours Last weeks it was always dumping slowly in the weekends, except previous weekend. But i agree since 7feb we were in the steady up movement, and since 3 days we are dumping slowly again to 2 feb levels. I sure hope indeed we rise slowly back to 10k at least. |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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February 25, 2018, 06:14:55 PM |
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IMHO the only thing that can justify PoW change is Quantum computing attack on SHA2, and Cuckoo Cycle is Quantum resistant btw. Doing it now is jumping in the abyss just for the sake of change.
this |
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jojo69
Legendary
Offline
Activity: 3150
Merit: 4309
diamond-handed zealot
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Andreas for world dictator |
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Rosewater Foundation
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February 25, 2018, 06:56:38 PM |
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Andreas for world dictator He's the real mayor of corn. |
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mr angry
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February 25, 2018, 07:00:59 PM |
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And another whole week of constant slow down-movement.
Well, maybe it goes to 10k again in the coming months.
or in the coming hours Three weeks ago it was $6000. Nudging back up to $10000 from $9500 shouldn't take long. There was constant slow up movement between 4th Feb and 21 Feb. A slight correction for the last half a week is healthy. |
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