Bitcoin Forum
October 19, 2018, 01:56:09 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3] 4 »  All
  Print  
Author Topic: Logical and mathematical truth of bitcoin  (Read 322 times)
jokowi
Hero Member
*****
Offline Offline

Activity: 875
Merit: 522



View Profile
June 28, 2018, 09:04:59 PM
 #41

I think "HYIP cartel" are using Bitcoin for their 200% to 400% profit per month HYIP programs/ponzis since Bitcoin is anonymous and unregulated.

HYIP programs pay high profits for 2 to 3 years and then they shut down.
In fact, they do not pay for long periods of time as you say. HYIP only works for a short period of time, they pay off the profits for the first one, then take it all and disappear.

.
IDAP.IO.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Introducing Derivatives Product Ecosystem to Crypto Asset Market.
| Twitter | LinkedIn | Medium | Facebook | Bitcointalk | Instagram

1539914169
Hero Member
*
Offline Offline

Posts: 1539914169

View Profile Personal Message (Offline)

Ignore
1539914169
Reply with quote  #2

1539914169
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539914169
Hero Member
*
Offline Offline

Posts: 1539914169

View Profile Personal Message (Offline)

Ignore
1539914169
Reply with quote  #2

1539914169
Report to moderator
1539914169
Hero Member
*
Offline Offline

Posts: 1539914169

View Profile Personal Message (Offline)

Ignore
1539914169
Reply with quote  #2

1539914169
Report to moderator
bobitza
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 28, 2018, 09:17:54 PM
 #42

As they say, how many people, so many opinions. People have long divided into 2 camps - some believe in bitcoin, others do not believe. Who will win - only time will show. I remain an outside observer ...))

Your observation means you do not choose bitcoin. So, you are also one of the two factions. Do not deny it, you are just saying absurd things.

PLAY MOBILE GAMES MINE
CRYPTO-TOKENS EARN REAL MONEY
                    ▄▄██▄▄
                ▄▄██████████▄▄
            ▄▄███████▀▀▀████████▄
         ▄███████▀▀        ▀███████▄▄
     ▄▄███████▀      ▄▄▄▄      ▀███████▄▄
     ███████▄      ▒███████▄▄     ▀▀█████
      ▀▀███████▄▄     ▀▀███████▄▄     ▀▀█
          ▀▀███████▄▄     ▀▀███████▄
     ██▄      ▀███████▄▄      ▀████████▄
    ▐█████▄▄      ▀███████▄▄      ▀██████
      ▀███████▄▄     ▀▀███████▄▄     ▀▀██
         ▀▀███████▄▄     ▀▀███████▄▄
    ▐█▄▄     ▀▀███████▄      ▀▀███████▄▄
    ▐█████▄      ▀████████▄      ▀███████
     ▀███████▄▄      ▀█▀▀      ▄████████▀
         ▀███████▄▄        ▄▄███████▀
            ▀▀███████▄▄▄▄███████▀▀
                ▀▀██████████▀▀
                    ▀▀██▀▀
.
     
        █░████████████████████   █░████████████████████            ██████░           ██████                  ████░░  ████████████████████  ███░████ ███████░ ███   ░███           
       ██████░░░░░░░░░░░░░░░░    ░██░██░░░░░░░░░░░░░░░           ░████░██░░          ███████░              ██████░░  █████░░░░░░░░░░░░░░   █████░   ██████░  ███   ░██░           
       █████                     ░██░█                          ████░█░█████         █████████            ███████░░  █████                 ███░     ███ ░███ ████ ░███             
       ░░████░░░░░░░░░░░░░███    ░██░█                         █████░   █████        ██████████░         ░██░████░░  █████░░░░░░░░░░░░░█░  ███░     ███  ░███ ░██████             
         ██░█████████████████░█  ░██░█             ███░█     ░█████      █████░      █████ ████░█      ██████ ███░░  ██████████████████░░                                         
                          █████  ░██░█             █████    █░██░█        ░░████     █████  █░████   ░█████   ███░░  █████                                                         
                          █░███  ░██░█             ░████   ██████          ░█████    █████   ░██████████░█    ███░░  █████                                                         
        ██████████████████░████  ███████████████████████ ░█████              ██████  █████     █░███████░     ███░░  ████████████████████                                         
       ░██████████████████████    █░████████████████░█░ ██████                ██████ █████      ░██████       ███░░  ████████████████████ 
.

▄▀▀▀▀▀▀▀▀▀▀▀▄
█   ▄▄▄▄▄▄   ██▄
█  ▓▓▓▓▓▓▓▌  ████▄
█  ▓▓▓▓▓▓▓▌  ███████▄
█  ▓▓▓▓▓▓▓▌  ▐▓███████▄
█              ▀▀▀▀▀▀▀▀█
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█                      █
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  █
█                      █
█  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
█                      █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.

                              ▄████▄
                        ▄▄█████▀▀███
                    ▄▄████▀▀     ███
              ▄▄▄████▀▀    ▄▄   ▐██
          ▄▄█████▀       ▄█▀    ██▌
     ▄▄████▀▀▀       ▄███▀      ██▌
    ████▀        ▄▄████▀       ▐██
     ██████▄▄  ▄█████▀         ██▌
          ▀████████           ▐██
            ▀████▌            ███
             ▀███  ▄██▄▄     ▐██▀
              ███▄███▀███▄   ███
              ▀███▀▀   ▀▀███▄██▌
                          ▀▀█▀▀
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 04:53:46 AM
 #43


1) The blockchain part or "mining" in case of BTC is a special kind of scam. For getting a coin You must invest into electricity and computing power. In return You get VERY little chance to be awarded with a coin. This chance is so small, it is mathematically ridiculous, but in practise. ZERO! Nada, ничтo, nichts... What kind of decent money is that, that everyone can apply by spending real money but only few of many millions are actually given by basis of pure luck?
It's not pure luck. It is how the system is designed. Why can't you suggest a better way of handling it? If you think you can solve the problems of bitcoin, you're free to create your own shit? What's stopping you?

No, I cant, because blockchaining is not mathematically viable solution for cryptocurrency transactions.

2) The coin part of BTC is a monetary fraud. Although people make transactions voluntarely, they are cheated with the very core concept of BTC. While blockchaining may have some usage as a concept as well as cryptocurrency, it does still not mean that BTC is legit.
You seem like some from r/btc now. Those are the typical idiots who think that way without any logical explanations.

My English is poor, logic is very much there. Miners do mining, because they think BTC is has real future and they think it, because they are unable to understand the mathematics behind mining.

a) why is BTC quantity limited with 21 millions? What limits it?
b) what is the point of decentralised money, if its so volatile, that rate would drop 75% in 6 months (or grows by the same)? this is called a hyperinflation.
c) why is blockchain technology better in 99,99% of transactions, than regular private/public key technology?
d) do You really understand, what is private/public key crypto and blockchain in its core, or they just sound cool?
e) if BTC had at more or less decent chance to boom again, why dont all the richest investors in world buy it?
a) Call that a lucky number? If it wasn't limited, would it have any value? Do company shares are unlimited in supply ?
You didint get my point, I asked what limits it, because the answer is absurd. Nakamoto told, there is 21 million coins and they are released in exponentially decreasign amounts.
b) Hyperinflation never occur in the stock market?
It does.
c) Irrelevant
Agreed, not relevat in context of mathematics.
d) Most of us do? As long as you know how the system works, you don't have to understand every core file of it.Abstraction!
Most of You fail to understand the VERY core concept of mining. Which is a scheme.
e) They might be? How would you know?
https://www.bloomberg.com/features/bitcoin-bulls-bears/  You are welcome to read average judgement to BTC. Dont be mad at me, Im just a messenger. It will be over soon. I would bet 0n 1 or 2 qt 2019.
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 06:12:34 AM
 #44

https://www.marketwatch.com/story/heres-how-much-it-costs-to-mine-a-single-bitcoin-in-your-country-2018-03-06

This was situation a month ago. Telling You once more: finito by same time next year. By "finito" I mean at least 90% price drop from now.
-Sinner-
Jr. Member
*
Offline Offline

Activity: 224
Merit: 9


View Profile
June 29, 2018, 06:25:19 AM
 #45

Those who want to believe in BTC at all cost, should avoid this topic.
To help some people, who started to think about the core concept of bitcoin, my judgement is:

1) The blockchain part or "mining" in case of BTC is a special kind of scam. For getting a coin You must invest into electricity and computing power. In return You get VERY little chance to be awarded with a coin. This chance is so small, it is mathematically ridiculous, but in practise. ZERO! Nada, ничтo, nichts... What kind of decent money is that, that everyone can apply by spending real money but only few of many millions are actually given by basis of pure luck?

2) The coin part of BTC is a monetary fraud. Although people make transactions voluntarely, they are cheated with the very core concept of BTC. While blockchaining may have some usage as a concept as well as cryptocurrency, it does still not mean that BTC is legit.

Before You attack my opion, try to give logical answer to these questions:

a) why is BTC quantity limited with 21 millions? What limits it? 
b) what is the point of decentralised money, if its so volatile, that rate would drop 75% in 6 months (or grows by the same)? this is called a hyperinflation.
c) why is blockchain technology better in 99,99% of transactions, than regular private/public key technology?
d) do You really understand, what is private/public key crypto and blockchain in its core, or they just sound cool?
e) if BTC had at more or less decent chance to boom again, why dont all the richest investors in world buy it?

Maybe it wasnt planned so, but BTC is the most genious scam in the history.

Previous doesnt mean, You absolutely can not make any money in it. The same goes for ponzis and pyramids. If You go in or out right time, You will earn and at some cases earn well!


a) why is BTC quantity limited with 21 millions? What limits it?  it could be 25 millions, 30, does not matter.. the important thing is that is limited ( btw there is a reason, and someone will tell you for sure )
b) what is the point of decentralised money, if its so volatile, that rate would drop 75% in 6 months (or grows by the same)? this is called a hyperinflation. Just because we don't still have much volume, that's why it is so volatile.
c) why is blockchain technology better in 99,99% of transactions, than regular private/public key technology?  maybe because it is all clear what happens?
d) do You really understand, what is private/public key crypto and blockchain in its core, or they just sound cool? we understand better than you probably Tongue
e) if BTC had at more or less decent chance to boom again, why dont all the richest investors in world buy it?  they are doing it, and obviously the richest will not tell you if they buy.

SHIPIT - Send packages. No couriers. Just people. (https://token.shipit.me/?utm_source=bitcointalk&utm_medium=signature)
Seriousbizz
Newbie
*
Offline Offline

Activity: 161
Merit: 0


View Profile
June 29, 2018, 06:43:08 AM
 #46

 Well you sound pretty convinced with all you are saying about BTC, and again anyone willing to take your advice is free to do so, But everyone venturing into cryptocurrency knows the risks and that includes its high volatile nature. nOT sure how you got here but it must have been out of your own will, so did the others,personal decison making is what matter, if you don't believe in the value of BTC the sit back and watch, you might just get disap
pointed, if not i suggest you keep the negativity to yourself.
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 07:33:14 AM
 #47

Well you sound pretty convinced with all you are saying about BTC, and again anyone willing to take your advice is free to do so, But everyone venturing into cryptocurrency knows the risks and that includes its high volatile nature. nOT sure how you got here but it must have been out of your own will, so did the others,personal decison making is what matter, if you don't believe in the value of BTC the sit back and watch, you might just get disap
pointed, if not i suggest you keep the negativity to yourself.

I got here, because I searched for discussion about BTC. This is the biggest community. Until You let me give opposite opinion about the whole thing, I will do. Or if it happens, that I will change my opinion, Im man enough to admit it.

Its not negativity, its just alternative approach to BTC madness and next running year will prove, how needed it was.

dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 04:54:26 PM
 #48

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

Smart people make their conclusions themselves.
Taylora
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
June 29, 2018, 05:02:56 PM
 #49

You clearly missing the point here. I'm not attacking, it's your right and all, but:

Bitcoin wasn't created as investment. It's main plan was to act like currency, but people started investing when some guy posted he lost millions just because he sold and didn't hold. Taken this opportunity, smart people started to invest it, while over started to learn about it and by time they did, there was huge FOMO (fear of missing opportunity) So some idiots started to sell houses and whatnot, and lost it all, possibly, that's their problem. We are, people, designed like that, if we see we can earn money easy way, we do it. So no Bitcoin isn't scam, we created current situation and it will never change. I use Bitcoins when they cost around 200$ and never dreamed it will go to 20,000$.
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 06:01:36 PM
 #50

You clearly missing the point here. I'm not attacking, it's your right and all, but:

Bitcoin wasn't created as investment. It's main plan was to act like currency, but people started investing when some guy posted he lost millions just because he sold and didn't hold. Taken this opportunity, smart people started to invest it, while over started to learn about it and by time they did, there was huge FOMO (fear of missing opportunity) So some idiots started to sell houses and whatnot, and lost it all, possibly, that's their problem. We are, people, designed like that, if we see we can earn money easy way, we do it. So no Bitcoin isn't scam, we created current situation and it will never change. I use Bitcoins when they cost around 200$ and never dreamed it will go to 20,000$.

No it wasnt. I was created like pyramid, just more intelligent, than medium one.

1st year released coins:             $$$$$$$$$$$$$$$
5th year:                                          $$$$$$$$
10th year                                               $$$


then...                                nothing to mine, wont mine for free:(

the sooner You accept the reality, the better it is.
iagyei259
Jr. Member
*
Offline Offline

Activity: 149
Merit: 2


View Profile
June 29, 2018, 06:06:27 PM
 #51

Is unfortunate you don't understand the principles in which bitcoin operate so you are concluding it to ponzi scheme. Bitcoin uses electricity to generate it as banks need a service to generate transactions.

chynge.net ►►► World's First Payment Token with No FX Risk
Instant, Free and Safe Payments with Smart Compliance
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 29, 2018, 08:19:50 PM
 #52

Is unfortunate you don't understand the principles in which bitcoin operate so you are concluding it to ponzi scheme. Bitcoin uses electricity to generate it as banks need a service to generate transactions.

Ok, tell me, which one of these is false:

1) number of bitcoins released in return to mining decreases exponentially (divided by 2 each halving).
2) mining is needed for crytocurrency to work.

if both are true, its a scheme.
samvel86
Newbie
*
Offline Offline

Activity: 224
Merit: 0


View Profile
June 29, 2018, 08:45:22 PM
 #53

The logic is that I earn money in an honest way. It is possible that there is little or no disagreement, but without a deep analysis I have a certain amount of money earned by bitcoin.
ArnoldChippy
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
June 29, 2018, 08:52:11 PM
 #54

Is unfortunate you don't understand the principles in which bitcoin operate so you are concluding it to ponzi scheme. Bitcoin uses electricity to generate it as banks need a service to generate transactions.
Most of the people have the same situation, they do not understand bitcoin and even do not want to, but still they are making good money from bitcoin investment, they are only lucky because they have a good amount of money from which they can make good profit, i think that investment can be more fruitful if you know and have good knowledge about bitcoin.

▄▄▄▄
▐████▌
▀██▀
▐▌
▄██▄
▄▄▄▄ ▐████▌ ▄▄▄▄
▐████▌ ▀▀▀▀ ▐████▌
████  ▄▄▄▄  ████
▐████▌
▄▄▄▄        ▄▄▄▄  ▀██▀  ▄▄▄▄        ▄▄▄▄
▐████▌      ▐████▌  ▐▌  ▐████▌      ▐████▌
▀██▀  ▄▄▄▄  ▀██▀  ▄██▄  ▀██▀  ▄▄▄▄  ▀██▀
▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌
▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄  ▀██▀  ▄██▄
▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌  ▐▌  ▐████▌
▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀  ▄██▄  ▀▀▀▀
▐████▌      ▐████▌      ▐████▌
▀▀▀▀  ████  ▀▀▀▀  ████  ▀▀▀▀
▐████▌      ▐████▌
▀▀▀▀        ▀▀▀▀
ivy|..FACILITATING SECURE, TRANSPARENT...........
..
BUSINESS PAYMENTS ON A GLOBAL SCALE....

..─────────  ❱❱  WHITEPAPER  ❰❰  ─────────..
|
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
|.JOIN US NOW!.|
Patatas
Legendary
*
Offline Offline

Activity: 1330
Merit: 1028


Crypto-Games.net: Multiple coins, multiple games


View Profile
June 29, 2018, 10:58:59 PM
 #55

snip
* Please quote the posts correctly.I know dissecting every part of it is a strain but helps keep the conversation going very smoothly.
- You almost agreed with all the points that I had, I don't see why you'd be against the entire system then? It is just really a virtual reflection of the stock market with more fluctuation.

- If you're against mining, say it. I like how the system rewards people for running their machines by keeping the payments decentralised. How else would you incentivize the process?


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉BCH  ◉STRAT  ◉ETH  ◉GAS  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
✔️DICE           
✔️BLACKJACK
✔️PLINKO
✔️VIDEO POKER
✔️ROULETTE     
✔️LOTTO
somebadger
Member
**
Offline Offline

Activity: 174
Merit: 10



View Profile
June 29, 2018, 11:06:31 PM
 #56

it something difficult to say but i am more than sure in that everyone is here only for one purpose, the money, and you can not deny this
gilangIDR
Legendary
*
Offline Offline

Activity: 1316
Merit: 1001


Reserve Your Ledger at GYMLEDGER.COM


View Profile
June 29, 2018, 11:13:55 PM
 #57

Is unfortunate you don't understand the principles in which bitcoin operate so you are concluding it to ponzi scheme. Bitcoin uses electricity to generate it as banks need a service to generate transactions.
Most of the people have the same situation, they do not understand bitcoin and even do not want to, but still they are making good money from bitcoin investment, they are only lucky because they have a good amount of money from which they can make good profit, i think that investment can be more fruitful if you know and have good knowledge about bitcoin.
People who do not want to understand bitcoin well then they will never experience a success. To be able to invest and know the various analysis then we need knowledge about bitcoin. It must be known because our knowledge of bitcoin will lead us to success.

Bitcoin is not something that can be mathematically calculated. Bitcoin needs far more than that.

    ▄▄█████████▄▄
 ▄█████▀▀▀▀▀▀▀█████▄
████▀           ▀████▄
 ▀▀    ▄▄▄▄▄▄▄    ████▄
     ▄█████████▄▄██████▄
    █████▀▀▀▀▀▀▀▀▀▀▀████
    ████             ███
    █████▄▄▄▄▄▄▄▄    ███
     ▀█████████▀    ███▀
 ▄▄    ▀▀▀▀▀▀▀    ▄███▀
████▄           ▄████▀
 ▀█████▄▄▄▄▄▄▄█████▀
    ▀▀█████████▀▀
.GYM Ledger..▄▀▀▀███████▀▀▀▄
█             █
█             █
█             █
█  ▄▄▄▄ ▄▄▄▄  █
███ ███████
▀▀▄█ █▀▄▀▀▀
█  ▀███ ███▀  █
█    ▀▀█▀▀    █
█             █
█             █
█             █
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▀
  ███████
 ▐███████▌
▄█████████▄
█         █
▀▀▀▀▀▀▀
▄██▄██▄
▀█████▀
█   ▀█▀   █
▄▄▄▄▄▄▄
█         █
▀█████████▀
 ▐███████▌
  ███████
FACEBOOK
TWITTER
TELEGRAM

    ▄▄█████████▄▄
 ▄█████▀▀▀▀▀▀▀█████▄
████▀           ▀████▄
 ▀▀    ▄▄▄▄▄▄▄    ████▄
     ▄█████████▄▄██████▄
    █████▀▀▀▀▀▀▀▀▀▀▀████
    ████             ███
    █████▄▄▄▄▄▄▄▄    ███
     ▀█████████▀    ███▀
 ▄▄    ▀▀▀▀▀▀▀    ▄███▀
████▄           ▄████▀
 ▀█████▄▄▄▄▄▄▄█████▀
    ▀▀█████████▀▀
Patatas
Legendary
*
Offline Offline

Activity: 1330
Merit: 1028


Crypto-Games.net: Multiple coins, multiple games


View Profile
June 29, 2018, 11:22:21 PM
 #58

it something difficult to say but i am more than sure in that everyone is here only for one purpose, the money, and you can not deny this

I disagree. Over the period it has changed but not everyone was/is here or in the entire bitcoin scenario just for money. People made money as good as they make with bitcoin now but the process have become much faster due to bitcoins. Moreover, OP isn't exactly targeting bitcoins but the nature of blockchain system itself.


▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
   ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████
BTC  ◉PLAY  ◉XMR  ◉DOGE  ◉BCH  ◉STRAT  ◉ETH  ◉GAS  ◉LTC  ◉DASH  ◉PPC
     ▄▄██████████████▄▄
  ▄██████████████████████▄        █████
▄██████████████████████████▄      █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████     ▄██▀
████ █████ ██████ █████ ████    ▄██▀
████ █████ ██████ █████ ████    ██▀
████ █████ ██████ █████ ████    ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀            ▀███████ ▀██████▀
█████▀                ▀█████
▀██████████████████████████▀
  ▀▀████████████████████▀▀ 
✔️DICE           
✔️BLACKJACK
✔️PLINKO
✔️VIDEO POKER
✔️ROULETTE     
✔️LOTTO
kofibee12
Newbie
*
Offline Offline

Activity: 135
Merit: 0


View Profile
June 29, 2018, 11:48:12 PM
 #59

"if BTC had at more or less decent chance to boom again, why dont all the richest investors in world buy it?" It is not every investor that has the understanding of what blockchain works. And I can bet you that about 80 percent of investors if they can understand blockchain technology will make it as their priority investment.
dohh
Jr. Member
*
Offline Offline

Activity: 126
Merit: 1


View Profile
June 30, 2018, 05:35:32 AM
 #60

snip
* Please quote the posts correctly.I know dissecting every part of it is a strain but helps keep the conversation going very smoothly.
- You almost agreed with all the points that I had, I don't see why you'd be against the entire system then? It is just really a virtual reflection of the stock market with more fluctuation.

- If you're against mining, say it. I like how the system rewards people for running their machines by keeping the payments decentralised. How else would you incentivize the process?

Sorry, new to forums, try better in future.

I actually didint agree to anything but the comparison blockchain and public/private key was irrelevant. I was just more polite to You, than to others, as You were more polite to me, than average here.

I ask one more time: when all 21 million coins are released, how will be people paid for tunning their machines? In money? Then transactions will be ridiculously expensive.

Blockchaining WILL NOT work for money  transactions, because, if it is a decent, viable money, it moves around in such a huge number of transactions, blockchaining will be ridiculously expensive. Its only for speculative income, which would had been OK with me, if the core product behind was viable.

Pages: « 1 2 [3] 4 »  All
  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!