Its what happens when finite meets infinite, like popcorn on a hot tin plate.
This is what Bitcoin is trying to avoid
Attachment 4689
Ewww the smell....
Its what happens when finite meets infinite, like popcorn on a hot tin plate.
This is what Bitcoin is trying to avoid
Attachment 4689
Ewww the smell....
Bitcoin is trying to go mainstream, but the infrastructure is not yet there to support it.
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
Shami-Amourae (11th April 2013),Spun Gold (12th April 2013)
madfranks (11th April 2013)
Yep, we need probably 5-7 more type exchanges like MtGox (in size and volume) in order to have a stable price discovery and trading platform.
MtGox is a central point of failure at the moment as we've all noticed. When they go down the price of BTC's plummet. Which makes sense as they do 80% of all BTC transactions. That is a HUGE chunk of market price discovery exiting the market when they have a hiccup.
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."
The latest technology investment craze that has made Winklevoss twins $11MILLION: Brothers among the latest geeks striking it rich with internet currency 'Bitcoins'
- Tyler and Cameron Winklevoss have revealed they own about 1 per cent of all Bitcoins
- The online currency is showing promise, but suffered catastrophic losses on Wednesday
By Daily Mail Reporter, Associated Press and Reuters Reporter
PUBLISHED: 19:30 EST, 11 April 2013 | UPDATED: 21:12 EST, 11 April 2013
After years of bitterness surrounding the development of Facebook, the Winklevoss twins are making a comeback with Bitcoins.
Tyler and Cameron Winklevoss, popularly known as 'The Winklevii,' rose to notoriety during an epic legal battle in which they accused Facebook founder Mark Zuckerberg of stealing their social network idea.
But perhaps now the brothers can leave that behind them with their investment in Bitcoins - a digital currency that is bought and sold on a peer-to-peer network independent of any central control.
more:
http://www.dailymail.co.uk/news/arti...-Bitcoins.html
It's starting to get a lot of press.
If there's any further proof needed from a more infinite & positive drone that Cisco was the creator. Powered by the great software eyecandy loopers makework project, lying before the eyes of God to their Bitcoin creators finite-ness.
These servers will be powered by Bernankes spinoffs.
If you've ever worked on any cisco equipment, you'd retract that statement immediately. LOL
They make AWESOME hardware, their software is horrible to use. Their Cisco iOS is cumbersome, unintuitive, and on older versions required you to even know binary as they didn't even code the binary to human conversion in the software out of what I suspect was pure laziness.
Them having any part in it's creation................. ummm not likely.. LOL
According to latest OS fingerprints, looks like their servers are powered by Linux.These servers will be powered by Bernankes spinoffs.![]()
"Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
"The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
"Some Libertarians are born, the government makes the rest."
"Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."