No we don't, the ability to have and hold value without monitoring is an inalienable right afa I'm concerned and i think everyone should hold that belief.
I agree. In addition privacy and anonymity are needed in order to ensure fungibility in crypto currencies, and fungibility is is a necessary requirement of money. Then there is of course the adaptive blocksize in Monero which ensures that there is no arbitrary limit on the number of transactions per second.
People in this scene don't know how important and rare this is.
I have a question about adaptive blocksizes. What if Monero becomes truly successful and the active users reach 100,000,000. Will 50gb blocks be possible if transactions reach the touted Visa standard? If yes then how will the blockchain be maintainable?
We might live in a land of huge blockchains. And most used one will for sure not be so dominating as it is Bitcoins blockchain right now.
That is my hope as well. The price of bitcoin will also reflect that.
Buy what nobody recommends but make sure it's not total junk.
Best coin to buy probably isn't on polo though because coins listed there are pumped already. Polo-coins are actually higher risk than those not listed there after all these months of pumping.
But that's the thing, they're all junk. It doesn't mean it's impossible to profit from any of them, but you have to get in and out quickly. Frankly I wouldn't touch any of them right now.
You are right. Most of the coins in the Polonix is junk or scam coins. They do not have active developments.
bitcoin is a double edged sword on one hand using it provides security on the internet since no one can trace you down and on the other hand it provides a big opportunity for hackers and black market dealers that use it for selling drugs and other illegal stuff since it provides anonymity,but it all depends on the person that is using it
The bitcoin is not totally anonymous. It is pseudo anonymous. So you can be traced by using the bitcoin.
Today I saw some GSM shop that accepts BTC. There are some cafes accept BTC payments. I think world is ready now!
A lot of people seem to think it's that easy, you just replace fiat with Bitcoin, everyone is happy and everything just works. Imagine if the world was run by people who only think 2 moves ahead Fiat is part and parcel of the modern world same as your blood and veins are part and parcel of your body. You can't just replace your veins with a few plastic tubes and live happily ever after At least not yet.
I have been buying things with the bitcoin otherwise I will use the credit cards.That is for the good use goods.
Post
Topic
BoardMining (Altcoins)
Re: Maintaining proper humidity level
by
RyanLiang
on 20/10/2016, 07:17:13 UTC
I just put a few bucket of water in the room and let them evaporate. That will keep the reasonable humidity there.
Loan offers are depleting as price moves up, shorts are building. I would be carefull to not get liqudated. One big swing up will bring shorts to whales orders on the top
There are still abot 160,000 Monro on loan offer at the moment. The interest rate is just 0.012. So there is not much demand.
I dropped the idea of mining since the ROI period doesn't seems palatable to me. But I like the idea of selling the rig away after 3 months to recoup losses. But who would buy?
It would be good idea , if you reached the half of your ROI and selling your Rig , you can pass your ROI instantly. I think anyone wants to buy your RIG , but make sure you use an escrow and explain the details about your rig if you want to sell it online .
But if it is still profitable to mine, why sell the rigs. You can still make some profit if the rig does not devalue a lot.
While Ethereum has been seen as a competitor to BTC, the DAO crowd sale is about to reach its first price increment and it has already raised 65M USD. The USD price of ETH and BTC have both risen. This shows that there in not a predatory relationship occurring but rather a symbiotic one. The two serve diverse enough needs that they can grow by offering enough of what the other cant. I know the DAO is still a concept and could easily fail. So was BTC when it was first proposed and despite all the skepticism it succeeded. The DAO is a valid objective. What BTC offers is the most accessible and secure network. I hope more energy is focused on how the two ecosystems can evolve symbiotically and ignore the wasted energy of predation while there is a world of fiat to colonize.
The difference between BTC and ETH is that BTC did never fork over money being stolen, so now thanks to ETH we know we never have to put money on that thing if we want an immutable, stable chain that is not prone to hard forks all the time.
I think differently. If the ETH hard fork because the money is stolen, I will think that my funds is safe in ETH.
That is right. But in the future, the ETH will become PoS. It is more difficult to do this kind of hard fork in the future.