Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
practicaldreamer
on 30/05/2016, 18:22:10 UTC
More than 90% of exchange volume is happening in China.
Almost 80% of bitcoin mining is in China.

https://bitcoincharts.com/charts/volumepie/

Where's the most "powerful national firewall"? In China.

That's hilarious, by the way.

you know, if we really have to we can make the bitcoin protocol work without the internet.

just because we use the internet now doesn't mean we have to, there are so many other networks that can support bitcoin, or we could just make our own network.

Exactly. We can always use POTS modems and set up our own internet. I'm sure we can pull off 3tps even with one of those 1200baud jobbies.
All the mining is done in China anyhow, so that's taken care of.
I remain cautiously optimistic.

How much you lose whored ?

Were you scammed, did you gamble it away or were you just trying to be a little bit too clever ?

Either way, there is a way forward.

"My name is Whored/clopoterian/isabella - and I'm an alcoholic arsehole who lost more than I dare to admit trying to get rich quick"

The journey to the mountain top was commenced with a single step etc etc