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Showing 4 of 4 results by maroonk
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Re: FREE Bitcoin daily for viewing a few ads
by
maroonk
on 18/07/2017, 13:09:27 UTC
Its a slow method (think Faucet) but the site is legitimate and pays out.   PM me if interested and I will send you the link.

Thank you.


it would be better if you just post the link you're talking about


I second this, if its any good I don't mind using the referal link but by asking for pm and such it sounds like a scam to be honest.
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Board Off-topic
Re: Happy 4th of July!
by
maroonk
on 04/07/2017, 15:32:30 UTC

Happy 4th of July to everyone in the United States!

Fun facts:

Americans spend $1 billion on beer every July 4th!


Holy cow the facts you listed are all pretty amazing but this one really made me think.
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Board Bitcoin Discussion
Re: Bitcoin system collapses in the near future
by
maroonk
on 19/06/2017, 05:13:19 UTC
As block reward decreases, miners will be dependent on transaction fees to suffice for their electricity costs. By then, if the price of Bitcoin isn't high enough, it will lead to a further reduction as miners abandon their business because of the lack of profit.
- snip -


Further reduction?

Further reduction in what?  Why would it matter if some miners abandon their business?
If a sufficient amount of miners leave the Bitcoin network, then there would not be enough to confirm pending transactions and mempools would grow massive. This isn't efficient.

No because the bitcoin network readjusts the difficulty regularly so that there is always roughly the same number of blocks generated each day. The only thing required to deal with the overflowing mempool is bigger blocks, the number of miners is completely irrelevant.
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Board Economics
Re: Why Bitcoin has power nowadays ?
by
maroonk
on 06/06/2017, 06:05:49 UTC
bitcoin is the first, and it is the one that started everything in crypto, it's the more safe and more developed, i think the other coisn need to prove to be worth more than bicoin not the opposite, there is still a chance to have a better coin in the future, but there are chance to develop bitcoin even more covering the hole and make it the ultimate cryptocurrency, also right now it's a very good safe heaven
Bitcoin is now a mother of all the cryptocurrency it is the best and no. currency right now. Why it become powerful because of its uses. It can do more than the other type of coin here. Even in the near future that no one can defeat it because it become more popular and it will developed more soon.

Except if you compare bitcoin to fiat then it has very little useability, in fact sometimes I wonder why people still call it a currency when it acts more like an asset. The majority of people don't buy bitcoin to make transactions with it, they buy it because they expect the price to keep goin up forever.