Bitcoin dead count

What good is a coin you mine if no merchant accepts it, and no investors want to buy it, and no consumers want to use it and if nodes refuse to transmit your transactions.

Quote from: spazzdla on June 08, 2016, 05:58:59 PM Quote from: Assmaster2000 on June 08, 2016, 05:56:48 PM Quote from: helloeverybody on June 08, 2016, 05:42:54 PM Thats why gold is also considered a store of value as bitcoin could be considered as aswell.Isabella has a problem with you going out in the world, learning more than other people, applying it in useful ways and profiting.It could be worth tens of millions of dollars, but it could be worth zero.

If the market demands larger block size, we will have a larger blocksize whether the miners want it or not.When the price finally plunges below a penny, we will return to fiat with our tail between our legs.

How much Bitcoin will I mine right now with hardware X?

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In the past, when significant problems arose, yes, bitcoin has been able to fork immediately.They were raided by the government, had their assets seized, were summoned to court, received death threats, the list continues.A U.S.-born Bitcoin currency executive was found dead in an apparent suicide in her Singapore home, the company said in a statement.Or, failing that, over a month ago, when the core team promised the miners it would be done.

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Investors wait as the SEC agrees to look into the Winklevoss bitcoin ETF for a second time.The network would have to make it to the next difficulty re-targetting before a return to 10-minute block times.The money transmitter in my old neighborhood went out of business too.

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Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management,.All i can do is ride the wave and hope that core dont leave it too long although maybe the already have.Govs WILL NOT give up the ability to printy money, they cannot give up that ability.

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Apply that logic to Bitcoin, and you quickly realise, if Bitcoin was a country it would be probably be a failed state.

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The Syrian government long ago stopped keeping a body count,.This code is provided entirely free of charge by the programmer in his spare time so donations.A temporary recovery from a prolonged decline or bear market, followed by the continuation of the downtrend.Bitcoin is the most widespread, cryptographically-secure Internet currency.In one, narrow sense, bitcoin as a mass-adopted currency is dead.It also suggests the only way society can truly preserve the stability and technological advances achieved by collaborative processes is by all of us mastering the techniques that can help defend us from the predators and destabilisers who understand how easy it is to cheat the system.