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Re: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1
Please use this thread to only post confirmed news from confirmed sources to help everyone understand what is obvious - bitcoin is in a downtrend to oblivion.
My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain. I'll put the main points below, but anyone can check the facts from the source:
1. Chinese offials delcare bitcoin a global financial virus
2. Officials from other nations are in agreement withchina China, including the US
3. The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4. In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox
It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?
My latest find comes, of course, from official sources in China and details how the Chinese government is planning a massive 99% attack on the blockchain. I'll put the main points below, but anyone can check the facts from the source:
1. Chinese offials delcare bitcoin a global financial virus
2. Officials from other nations are in agreement with
3. The Chinese government has millions of petahashes ready to deploy on the blockchain to destroy the protocol
4. In addition to attacking the blockchian, China will sell all their mined bitcoins on MtGox
It's obvious bitcoin has gone as far as it can go, but any other thoughts about this devastating news?
I just used Google to translate this page. It's about the closing of Chinese banks during Chinese New Year holidays (starting January 30). Nothing about BitCoin.
Am I missing something?
Only about 22 pages full of evidence for bitcoin going anywhere else but to its true value at around zero^2.
Which is long term support level.
Can't see those 22 pages. Could you please link?
Re: Today BTC = $800, $9200 to go and why 10 BTC will never make you rich
That's only a question of Bitcoin going mainstream. And Bitcoin going mainstream is a question of easier ways to acquire it, use it and somewhat understand it for everyone. And don't say it's easy to understand.. People are not that smart in general
I think honestly you shouldn't overreact - they probably are only going to be adding maybe in the ballpark of 1 PH/s to the network? By the time they are online, it will only be between 0.5 and 2% of the overall network considering how much other hash power is being supplied by the various companies in the next several months. By the end of 2014/early 2015 it would probably be at 0.1%. Irrelevant.
AgreedIf shiller said bitcoins were not in a bubble that would be huge news...
Seconded
What would you do if you had mined 500 BTC in 2011 and still have it
The title says it all: What would you do if you had mined 500 BTC back in 2011 and remembered that you still have them?
Would you hold? Would you re-invest in mining? Would you convert to fiat spend it? If so, how would you 500 BTC to cash?
I've been wondering about this. I have a few early adopter friends (not that rich though), yet I was never interested in Bitcoin myself that early.
Would you hold? Would you re-invest in mining? Would you convert to fiat spend it? If so, how would you 500 BTC to cash?
I've been wondering about this. I have a few early adopter friends (not that rich though), yet I was never interested in Bitcoin myself that early.
Re: Earn BTC by sharing our link anywhere ~~ Minershare.net referral program
Can a referrral confirmed they have been paid? That would be a great confidence boost! 
Cashouts are available only 14 days after the purchase because Minershare customers can get refunded for 14 days. Without this, you'd be able to purchase for $1000, get $50 from referral link, get refunded and repeat.My signature's current results.. will try to post more
http://i.imgur.com/qUxkudf.jpg
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
If tapeout is now how is it possible to see hardware in march?
I'm interested in this tooBuying the most efficient hardware available and getting it early will always return you profit. It's self-stabilizing and there is no alien technology. The only problem is the amount of people mining, but then again, it stabilizes.
People have been complaining about difficulty for a long time. If it was so bad, nobody would be mining. And if they werent mining, it would suddenly be profitable.
Hope this make sense to you guys
People have been complaining about difficulty for a long time. If it was so bad, nobody would be mining. And if they werent mining, it would suddenly be profitable.
Hope this make sense to you guys
You should check out Minershare.net
