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Subject: bitcoin
Ou yeah, they use so much electricity ... yay
And for support a server?
Do you even know how much electricity use Facebook and google for his servers?
Do you even know how much electricity use the adron supercollider (cern)?
Do you even know how much electricity use your air condicionate?
and none of them try to help you or give you something in exchange.
Don´t let the people tlak without a clue, please.
if you want for some few people to manage your life good.
There´s people outthere try to change that.
why do you think Bitcoin go to 19K and drop for 6k?
Why do you think israel and other countrys are starting his coins?
There are questions we must ask ourselfs before repite what the other says...
And for support a server?
Do you even know how much electricity use Facebook and google for his servers?
Do you even know how much electricity use the adron supercollider (cern)?
Do you even know how much electricity use your air condicionate?
and none of them try to help you or give you something in exchange.
Don´t let the people tlak without a clue, please.
if you want for some few people to manage your life good.
There´s people outthere try to change that.
why do you think Bitcoin go to 19K and drop for 6k?
Why do you think israel and other countrys are starting his coins?
There are questions we must ask ourselfs before repite what the other says...
Only one question we must ask ourselfs?
Do i see the wolrd goin to replace the Paper money with Electric money (as credit cards allready does)?
The answer you came thru only brings your to more questions...
;)
P.D: I dont mine, i dont have any bit or any other coins, if you ask.
Do i see the wolrd goin to replace the Paper money with Electric money (as credit cards allready does)?
The answer you came thru only brings your to more questions...
;)
P.D: I dont mine, i dont have any bit or any other coins, if you ask.
if your friend start mining in 2013, 2014, 2015 or 2016. Your friend earn at least 1 bitcoin.
1 bitcoin=6k U$S (today)
I dont think he pays 6k in total for his eletric bills.
If i was you, i ask him to put my in his way.
Today it´s no so profitable to mine. I recomend by bitcoin in a exchange and hold them at least 1 year.
Trust me, you can by a house with your future profits...
1 bitcoin=6k U$S (today)
I dont think he pays 6k in total for his eletric bills.
If i was you, i ask him to put my in his way.
Today it´s no so profitable to mine. I recomend by bitcoin in a exchange and hold them at least 1 year.
Trust me, you can by a house with your future profits...
Trust me, you can by a house with your future profits...
Cryptocurrency is also never a guarantee.
Cryptocurrency is also never a guarantee.
Just saying ... https://www.washingtonpost.com/news/worldviews/wp/2018/02/13/cryptocurrency-mining-in-iceland-is-using-so-much-energy-the-electricity-may-run-out/?utm_term=.41ed363873e1
Besides the fact it's ridiculous to waste natural resources (ok, Iceland does have geothermal energy, but US etc uses coal) is just so plain wrong. Well, that's next to the question if mining a cryptocoin which is so volatile is worth it. Now it's 6k dollar, maybe in a month its 20k ... or 2k. And as with all coins, cryptocoins are also depending on request and demand for their value.
Besides the fact it's ridiculous to waste natural resources (ok, Iceland does have geothermal energy, but US etc uses coal) is just so plain wrong. Well, that's next to the question if mining a cryptocoin which is so volatile is worth it. Now it's 6k dollar, maybe in a month its 20k ... or 2k. And as with all coins, cryptocoins are also depending on request and demand for their value.
Bitcoin don't matter, blockchain is the invention and bitcoin is just an application/add-on.
Its like internet and mail client! It just has started and blockchain is going to be everywhere, internet of things and much more.
Its like internet and mail client! It just has started and blockchain is going to be everywhere, internet of things and much more.
like all is anarchy is for some type of humans..blockchain depends on transactions, no ?
mining is a business who raised the price of video cards
can that be hacked somehow or is it "written in stone" sort of way?
No, because every Computer that is "mining" have that "Receip".
an for that can be hacked you have to delete or hack ALL MACHINES
And, if you hacked 70% of them, the rest WONT aproub that "transaction, or entered data" and will NOT put them into the Blockchain.
That´s what DESCENTRALIZED MEANS!!!
In a bank, you hack his system (only in one server) and that´s it... You succed wich you do.
In Blockchain, theres millons of "servers"... your computer become a server, while you mine.
If you mine well, you have your reguard or payment...In bitcoins.
Brillant
That is incorrect. If you own 70% of the network you can decide what is the real truth. It is called the 51% attack. Look it up on google.
Furthermore, this topic is focussing on bitcoin but I see the value in the blockchain technology. You see a lot of companies nowadays investing in private or consortium (partner) blockchains. The additional value of these blockchains can be tremendous. It will take some time before the perfect implementations will be done but soon enough it will make life easier. It is all about eliminating the middle man (who normally gives us trust). Blockchain is putting the trust in hands of a system instead of an organization or other person. In some cases it is thinkable that a system can ensure us the trust but also in a lot of cases the middle man is still needed. So blockchains do not work everywhere.
No, because every Computer that is "mining" have that "Receip".
an for that can be hacked you have to delete or hack ALL MACHINES
And, if you hacked 70% of them, the rest WONT aproub that "transaction, or entered data" and will NOT put them into the Blockchain.
That´s what DESCENTRALIZED MEANS!!!
In a bank, you hack his system (only in one server) and that´s it... You succed wich you do.
In Blockchain, theres millons of "servers"... your computer become a server, while you mine.
If you mine well, you have your reguard or payment...In bitcoins.
Brillant
That is incorrect. If you own 70% of the network you can decide what is the real truth. It is called the 51% attack. Look it up on google.
Furthermore, this topic is focussing on bitcoin but I see the value in the blockchain technology. You see a lot of companies nowadays investing in private or consortium (partner) blockchains. The additional value of these blockchains can be tremendous. It will take some time before the perfect implementations will be done but soon enough it will make life easier. It is all about eliminating the middle man (who normally gives us trust). Blockchain is putting the trust in hands of a system instead of an organization or other person. In some cases it is thinkable that a system can ensure us the trust but also in a lot of cases the middle man is still needed. So blockchains do not work everywhere.
You are right. Especially with the combination of the Internet of Things, Artificial Intelligence and Blockchain we can make huge steps in the way we do things. However, there are still a lot of questions about data security, security of the IoT devices and the fact that maybe we don't want lines of codes to be executed when certain standards are met. Cause that means that we do not always have influence on the new system. When there is a bug in the coding, this can create huge problems and leaks in the system.
Is like you all say.
Bitcoin don´t matter, blockchain technology do.
;)
Bitcoin don´t matter, blockchain technology do.
;)
If you own 70% of the network you can decide what is the real truth. It is called the 51% attack. Look it up on google.
Still more secure than a bank, Lol.
:P
Still more secure than a bank, Lol.
:P
Cryptocurrency is also never a guarantee.
Nothing in life is guarantee, i´m from Argentina, in 2001 our banks stole our money, I never recovered it.
:(
Nothing in life is guarantee, i´m from Argentina, in 2001 our banks stole our money, I never recovered it.
:(
