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crocko
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December 06, 2013, 04:13:15 PM |
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If you complain about bitcoin, then don't start mining/trading any coin.
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BTC: 1MqUxoDQE8Q88sDvoaLMbBJSMToSfPgKSy | | DOGE: D61Na9wjuneAn9GFLRNrHgWHHFwVfd1T7y | | LTC: 3Luo136zrqkCi53jT72FEY52GbwW1ZYi6X |
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jones31
Newbie
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Activity: 28
Merit: 0
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December 11, 2013, 06:08:37 PM |
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Another noob not knowing anything about bitcoin.
Bitcoin will be dead the moment there is nobody mining , nobody , not even a single CPU. But , at 4 millions/day block reward , there will still be some people with : cpu , gpu and even asic mining , right?
Just because mining isn't profitable for you , it doesn't mean it's not profitable for everyone on this planet.
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svetbg
Newbie
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Activity: 23
Merit: 0
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December 12, 2013, 05:49:51 PM |
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Not mining 100 BTC per day does not mean mining is dead
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tacotime
Legendary
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Activity: 1484
Merit: 1005
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December 13, 2013, 02:38:11 AM |
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I guess you'll have to buy bitcoins instead.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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TerraHasher
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December 15, 2013, 02:15:50 AM |
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Wow 2 whole posts from the OP and he knows everything there is to know about BitCoin. Who cares if you mine out .0001 Bitcoin a day when 1.0 Bitcoins is worth $6,000 because it is so difficult to produce new ones. Is it just me? or is that kind of common sense?
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Donations: 1A8anGihV3pvHeuhqzGsAjt2S71WY2qea4
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Anddos
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December 16, 2013, 06:47:06 PM |
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I seriously feel for those guys with knc miners knowing btc is about to crash hard
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quone17
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December 16, 2013, 10:01:09 PM |
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Wow 2 whole posts from the OP and he knows everything there is to know about BitCoin. Who cares if you mine out .0001 Bitcoin a day when 1.0 Bitcoins is worth $6,000 because it is so difficult to produce new ones. Is it just me? or is that kind of common sense?
That's possible. But rarity does not alone make something valuable. For instance (a stupid example but...) I am holding a pen and it's the only pen I've held today. It is still only as valuable as it will write - no one will pay me extra because it's the only one I held today. (Ok ok but that changes if I'm Justin Bieber.)
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Blackswan122
Newbie
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Activity: 56
Merit: 0
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December 17, 2013, 12:46:15 PM |
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Most of the calculators are only accurate for a few days to a week until the next difficulty change. Plus nobody knows how the BTC price is going to move.... If you had said this comment 3 months ago you would have be so mistaken. China rejecting bitcoin is a blow but not yet the end. The price is steadily falling as people try and get in and out at the highest levels....It is making new lows and not making new highs....at some stage the scale will tip but at what level is anyones guess...$500----$400---$50! Bitcoin is only the beginning of Crypto currency....It can't be deinvented....There will be more alternatives springing up that may eventually takeover.. The next few months will be critical to the survival of all Crypto currencies....
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