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04:49 PM
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THE BITCOIN IS STRONG
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[quote:Anonymous Coward 73533979:MV8zNDcyMzUxXzYxOTUzOTk3XzI4NDM4MTBB] [quote:W0RD'SW0RD:MV8zNDcyMzUxXzYxOTUxMjQ1X0Q1QkZCOTAx] [quote:Anonymous Coward 74348621:MV8zNDcyMzUxXzYxOTUxMTQ3XzM5Rjc2Njc0] [quote:Anonymous Coward 27814554:MV8zNDcyMzUxXzYxOTQ4NDI3XzI5MEU2NTIz] [quote:Anonymous Coward 74409681:MV8zNDcyMzUxXzYxOTQ4Mjk1XzIwNzlBMTc2] [quote:Anonymous Coward 74276302:MV8zNDcyMzUxXzYxOTQ4MTg1XzNCMjQyRTZF] [quote:Anonymous Coward 74409681:MV8zNDcyMzUxXzYxOTQ4MDk3X0NERjMxNDM0] What happens if my hard drive crashes, or internet goes down for a month. [/quote] back up your wallet.dat and get a new machine.. carry on... [/quote] I cant afford a new machine. [/quote] Then have an online wallet and a local wallet then sync them. - Local wallet on physical machine https://bitcoin.org/en/download - Online wallet to provide back up for your wallet. Fill out all the security steps please. https://blockchain.info/ Like itunes syncs your library. Or just have the blockchain address from the online wallet. Works either way. [/quote] What happens when all the bitcoins are mined?? [/quote] They never will be. Mining gets more and more difficult, ad infinitum, as the number of total bitcoins mined approaches 21 million. [/quote] That's not true. Last bitcoin will be mined in 2040 roughly. Mining does not end however. There will continue to be miners because there are very small transaction fees required to send bitcoin. While finding a block post block reward days the finder will be rewarded with just mining fees of the associated block. However the price of bitcoin will be that such reward will still be quite profitable. Scarcity remains and network remains strong and secure given the profit of the reward. Incentive structure of bitcoin is quite genius and fair. [/quote]
Original Message
Denied Winkelvoss ETF today.
Does bitcoin seem to care much?
Nah...
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