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Gold/silver can be seen as physical bitcoins.
Bitcoins can be seen as virtual gold/silver.
They are not conflicting; they are complimentary.
Gold/silver can be seen as physical bitcoins.
Bitcoins can be seen as virtual gold/silver.
They are not conflicting; they are complimentary.
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Hell even today we've learned miners can greedily destroy the entire market by producing nothing in duplicates.Originally Posted by sirgonzo420
http://www.bbc.co.uk/news/technology-24818975
Not to mention the multi-gigabit blockchain laundry list that is attached to each Bitcoin client. Forcing it back to the top of the pyramid.
WRONG! the two are so different they cannot and will not peacefully coexist.
E-coins are the complete anti to Gold and Silver. As evidenced by their destruction of the market.
Attachment 5649
Now take your effervescent floaty bits of nothing and march to another forum!
I've had enough of the traitorous lies, neglectfulness, and unfaithfulness.
There is no virtual silver and gold, there's only the real deal.
Virtual Gold, what a stupid fuckin notion to begin with.
I'm incredibly disappointed in each and everyone of you members for even entertaining the thought.
Horn just fuck off.. You clearly don't understand it. Even with countless explanations. Even your half assed attempts to drag up bullshit excuse after bullshit excuse gets explained down to minute detail. You just don't fucking get it. Fine don't get it, not my problem. Just STFU.
No where in that article did it say the miners would be creating duplicates. Again you have no idea what the fuck you're even talking about.Hell even today we've learned miners can greedily destroy the entire market by producing nothing in duplicates.
Yeah god forbid if there is an open and honest transaction log horn. We should just keep it all in secret like the federal reserve, and not to mention the non existent gold reserves in fort knox. How's that manipulated out in the open of the Gold and Silver market working out for ya?Not to mention the multi-gigabit blockchain laundry list that is attached to each Bitcoin client. Forcing it back to the top of the pyramid.
Just STFU, I'm tired of watching you make a fool out of yourself every time you try to make a comment on a subject you don't know jack shit about. Members here have tried to educate you, but something just doesn't click, or you just blatantly ignore what is explained just looking for something to try even with the piss poor complaint of a large transaction log to pick it apart because it doesn't fit in with your world view.
"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."
A duplicate of nothing is nothing, Ares prince of Hades.
Wrong! I do understand it, and everything points to it not being able to deliver as promised.By leveraging this advantage and being careful about when they release information about new Bitcoins they have mined, the group could gradually take control of the entire mining system.
I will challenge to route you single handily from this fine Gold and Silver Forum, less you lay down your pitiful virtual sword and beg forgiveness at my knee.
Again no fucking clue what you're even talking about.A duplicate of nothing is nothing, Ares prince of Hades.
You don't understand jack shit. What happened to the other blocks that were mined by the other open pools while the 1 pool was mining them in secret? When you can answer that then I'll know what you're talking about. Until then you don't have a fucking clue.Wrong! I do understand it, and everything points to it not being able to deliver as promised.
Which I also explained why it wouldn't work. Show me a miner that is willing to go 1 to 2 months of 300-400 dollar electric bills without getting paid. That's for a typical 200-300Gh miner. Which is NOTHING in the grand scheme of the total network hash rate. Now the big guys that are working on margins with grand or 2 month in electric bills aren't going to be going that long without getting paid.
"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."
As with all pyramid schemes the lower blocks look up to the higher block for direction.
Are you so naive as to disregard the enemies of Bitcoin wouldn't be so well suited as to pay their own electric bills?
Even though they've been trying for eons to produce real Gold and Silver through alchemy at their own cost.
Do they need some sort of Bitcoin mining license, pfft.
weakness.
Fall unto your virtual sword, (if it will do anything)
Sent to Hitcher and sirgonzo420
That is 4, 6 left.
You think that the machine is so powerful that you can't fight, when the reality is that you're the battery that powers the machine.
Hitch (11th November 2013),sirgonzo420 (11th November 2013)
Yawn, this is pitiful... WRONG. The other blocks get discarded as orphans, and the bitcoins that were generated by the honest pools go poof as you cannot have duplicates. You'd know that if you even bothered to read the paper you decided to use as some bullshit excuse why Bitcoins aren't viable. Either that or you didn't even understand the technical fete required to accomplish that attack.
Right, because all the miners are government alphabet agencies. Even when presented with proof you'll still start calling everything a windmill won't ya Don Quixote? Considering how open the protocol is, it would be apparent very quickly if someone was trying to compromise the system.Are you so naive as to disregard the enemies of Bitcoin wouldn't be so well suited as to pay their own electric bills?
No one is trying to replace gold Horn. Maybe if you got your head out of your ass you'd see it. But alas, I might as well discuss protocol topologies and technical analysis with my wall here at work. I might actually get farther.Even though they've been trying for eons to produce real Gold and Silver through alchemy at their own cost.
Licenses are for state controlled idiots.. So noDo they need some sort of Bitcoin mining license, pfft.
Indeed, you keep displaying it proudly.weakness.
Well I'm done falling on the manipulated gold and silver sword. I guess I'll leave that for you.Fall unto your virtual sword, (if it will do anything)
"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."
Right now WDC is mostly speculation but we are trying to build it into a fully fuctioning currency in the future. WDC has only been around since April or May, it is still very new. It would be good for the Cryptocurrency market to have a few actual rivals to BTC. Right now BTC is far in the lead but that also means it is the primary target of the banksters.
I am promoting it here to help you guys learn how these cryptocurrencies work but also to help support Worldcoin. The more people that know of it and have wallets the greater the adoption rate.
The Worldcoin foundation is working on a WDC/USD market and merchant services to make it easier for vendors to start accepting WDC as payment.
You think that the machine is so powerful that you can't fight, when the reality is that you're the battery that powers the machine.
Son of Liberty, got it! Thanks! It said incoming transaction, then poof, 50 wdc appeared in my wallet.
life is good.
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