Post
Topic
Board Trading Discussion
Re: [RFC] Multi-winner auction rules
by
thermos
on 04/07/2013, 23:06:54 UTC
" I decline to document how many bitcoins I have.  "

"In addition to bitcoins I have purchased an Avalon.  This is a clear commitment to bitcoin that does not show up in the block chain.  I think that block mining is a service that will produce income.  When I explain this to friends, I don't say "I mine bitcoins" because that is all jargon that they don't understand.  I tell them instead that I have a special purpose computer that sells notary service for one very specific type of financial transaction.

I assume that bitcoin mining is a detail intensive demanding job, not a magic money printing machine.  Management of power costs will be important, access to sufficient bandwidth will be important.  Acquisition and subsequent liquidation of high end technology will be important.  Computer and physical security are important.  I think the personalities that will succeed in the long haul will be those not unlike bankers or accountants. "







so there is no way to verify if you are telling the truth and when you assume you make an ass out if you and me who knows what kind of coins you are mining(sha#x) sounds like you want to work on becoming a certified notary banker money grubber NYC;)



http://www.youtube.com/watch?v=XRzBVv2CSE0