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What bitcoin myth you want to see us bust next?
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Topic: What bitcoin myth you want to see us bust next? (Read 4507 times)
Razick
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Activity: 1330
Merit: 1003
Re: What bitcoin myth you want to see us bust next?
August 06, 2014, 06:35:06 PM
#61
Quote from: Bitcoin Magazine on August 04, 2014, 01:11:28 PM
Quote from: dwdoc on August 03, 2014, 12:33:02 AM
When most of the bitcoins have been mined transaction fees will not be high enough to support the network.
Myth or Truth?
myth. u could support the network with a single Block Erupter 333 mh/s USB Stick
Yes and no. You could confirm transactions with 333 mh/s, but not provide network security, because I could come in with
two
Block Erupter 333 mh/s USB Sticks and perform a 51% attack.
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017.
Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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Bitcoin For Dummies
(OP)
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Activity: 131
Merit: 100
Re: What bitcoin myth you want to see us bust next?
August 20, 2014, 03:49:26 PM
#62
Thank you all guys for the input.
I think we will make one about how volatility is to be expected with young and disruptive technologies.
Since volatility is all over the place recently
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evanito
Member
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Activity: 83
Merit: 10
Your average Bitcoin/Ethereum enthusiast
Re: What bitcoin myth you want to see us bust next?
August 20, 2014, 09:19:41 PM
#63
Will bitcoins die if it becomes mainstream?
snappa4ever
Sr. Member
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Activity: 374
Merit: 250
Re: What bitcoin myth you want to see us bust next?
August 20, 2014, 11:09:12 PM
#64
Quote from: CoinDiver on August 05, 2014, 08:39:10 PM
"Didn't bitcoin go bankrupt?"
I think this and didn't bitcoin get hacked have been busted time and again, but keep coming back up because people do not understand how bitcoin works.
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Bitcoin For Dummies
(OP)
Full Member
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Activity: 131
Merit: 100
Re: What bitcoin myth you want to see us bust next?
August 26, 2014, 02:38:29 PM
#65
Quote from: evanito on August 20, 2014, 09:19:41 PM
Will bitcoins die if it becomes mainstream?
is there life after birth?
Bitcoin For Dummies Channel on Youtube ->
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giveBTCpls
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Merit: 250
Re: What bitcoin myth you want to see us bust next?
August 26, 2014, 05:00:23 PM
#66
Will Bitcoin ever be popular among the average joe and young people (teens, a big big part of the internet generation)
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edd
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Re: What bitcoin myth you want to see us bust next?
August 26, 2014, 07:24:09 PM
#67
Quote from: giveBTCpls on August 26, 2014, 05:00:23 PM
Will Bitcoin ever be popular among the average joe and young people (teens, a big big part of the internet generation)
More like, "Bitcoin won't succeed until my grandma can use it!"
Because, you know, grandmothers are such a huge market for technically innovative and disruptive products.
Still around.
bornil267645
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Activity: 406
Merit: 250
AltoCenter.com
Re: What bitcoin myth you want to see us bust next?
August 26, 2014, 08:02:47 PM
#68
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moriartybitcoin
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Re: What bitcoin myth you want to see us bust next?
August 26, 2014, 08:30:00 PM
#69
the myth that bitcoin is a ponzi/pyramid scheme needs to be addressed .. obviously that is the opposite of what bitcoin really is
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