Bitcoin Forum
November 22, 2018, 11:46:10 AM *
News: Latest Bitcoin Core release: 0.17.0 [Torrent].
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: *  (Read 127 times)
bitcoinDash
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
*
November 11, 2017, 02:33:14 PM
 #1

*
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Igor_ico
Newbie
*
Offline Offline

Activity: 32
Merit: 0


View Profile
November 11, 2017, 09:06:14 PM
 #2

Wow that's really great! I also think that BTC, can also help a lot of people and not just making people rich.
People should not only see their own good in BTC...
Iranus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 503


View Profile
November 11, 2017, 10:42:10 PM
 #3

It isn't all about getting rich.
Yeah, it isn't all about getting rich.  It's also about other people getting rich!

Pretty weak justification for suggesting that BTC is less speculative.  In order to argue that, you'd have to provide reasonable evidence for its use in merchants, or reasonable evidence that it has some other purpose driving the price increase.

There's also no guarantee that these organisations held the coins throughout that time - after all, they were supposed to actually use them.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!