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Author Topic: What bitcoin myth you want to see us bust next?  (Read 4507 times)
Razick
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August 06, 2014, 06:35:06 PM
 #61

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.

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Bitcoin For Dummies (OP)
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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
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August 20, 2014, 09:19:41 PM
 #63

Will bitcoins die if it becomes mainstream?
snappa4ever
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August 20, 2014, 11:09:12 PM
 #64

"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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August 26, 2014, 02:38:29 PM
 #65

Will bitcoins die if it becomes mainstream?

is there life after birth?

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giveBTCpls
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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)

edd
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August 26, 2014, 07:24:09 PM
 #67

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.  Tongue

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August 26, 2014, 08:02:47 PM
 #68

Bitcoin is for real. Cool Cool

moriartybitcoin
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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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