Mining. Is it still relevant or not? - page 11
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Funny :-)
Yeah.
The money has to be earned, which means it is paid for work. And bitcoin comes out of thin air. If there is no such code, a little new bitcoin is born)))
Newspaper clipping:
Switzerland is a country open to bitcoin and other digital currencies, but at the same time the real estate market is not involved in the innovation. And so, a 36-year-old programmer and IT project manager from Zurich, Stefan Christiani, had an interesting idea, to introduce digital currency into the real estate market.
Now, if you own Bitcoin, you will be able to buy a luxury villa in Switzerland, which is not available to holders of other currencies.
Christiani took such a step in order to dispel once again established myth about cryptocurrency, namely that bitcoin is a currency for illegal transactions. In fact, it is a legitimate currency that helps to make the exchange of money much easier. He also noted that there have been cases in the world before - houses were sold for bitcoin, but for Switzerland this would be the first such case.
Notably, due to the volatility of the currency, the value of the villa will not be fixed, but will change given the market rate of bitcoin.
Now another example. The value of a bitcoin depends on the resources spent to mine it, among other things. Imagine that you have mined the last bitcoin. There is nothing more to be mined and there is no need to spend on it either. What would be a fair price in such a case????
Notably, due to the volatility of the currency, the price of the villa will not be fixed, but will change based on the market rate of bitcoin.
This means that the price is in euros and the villa is sold for bitcoins just for advertising.
If I am not mistaken corporations that are involved in the manufacture of hardware visions should be part of the SP-500, it would be interesting to look at the graph of the sector, rumored to be released cards specifically for mining - and in theory, conventional cards should fall in price. In general, now IMHO not the best time to enter - long payback period turns out. I will make more money on FORTS.
It seems to me that cryptocurrencies are nothing more than large-scale pyramid schemes to siphon money from the public.
An unsecured currency is created, initially mined in a narrow circle in light blocks in a large enough volume, advertised, new players are involved, money is made to look like money, people buy cryptocurrencies for real money, demand increases, the price of the pyramid goes up. And this is where the trick begins. A small circle quietly sells its former cheap cryptocurrencies (unsecured currencies) into real money and does not make a fuss. The money will be gone, and the unsecured currency will be left. The pyramid will hold for a while and still collapse. Those who mined will want to withdraw the real money. And those who invested live money will lose.
And new pyramids are already growing like mushrooms after the rain. Get it cheap.))))
It seems to me that cryptocurrencies are nothing more than large-scale pyramid schemes to siphon money from the public.
An unsecured currency is created, initially mined in a narrow circle in light blocks in a large enough volume, advertised, new players are involved, money is made to look like money, people buy cryptocurrencies for real money, demand increases, the price of the pyramid goes up. And this is where the trick begins. A small circle quietly sells its former cheap cryptocurrencies (unsecured currencies) into real money and does not make a fuss. The money will be gone, and the unsecured currency will be left. The pyramid will hold for a while and still collapse. Those who mined will want to withdraw the real money. And those who invested live money will lose.
New pyramids are already growing like mushrooms after the rain. Get it cheaper. ))))
What is the dollar secured with, is it also a pyramid scheme? The company goes bankrupt, the share price is 0, is that a pyramid too?
What is the dollar secured with, is that also a pyramid scheme? The company goes bankrupt, the share value is 0, is that a pyramid scheme too?
Yes it is a pyramid scheme. The dollar was launched by the clever guys to oust all other monetary surrogates from the field called planet Earth. Time will tell if this project succeeds. Confidence among the population is high at the moment, but any time an event may occur which will reverse the situation. Doesn't history teach you anything?
Doesn't history teach you anything?
No, should it?
Not necessarily.
The USSR was strong for a while too.))
Yes it is a pyramid scheme. The dollar is being run by the clever guys to drive all other money surrogates off the field called planet earth. Time will tell if this project succeeds. Confidence among the population is high at the moment, but any time an event may occur which will reverse the situation. Doesn't history teach you anything?
yes, but you do not suggest that the news about the death of Vitalik Buterin, who could have shorted krity in recent times,,,,,,,,,,, it is clear that it is a hoax, it is clear that it is nonsense, etc.But the aliens who started the dollar did the same thing to the gold reserve.History repeats itself without convention, ....... September 1 will come soon... Children are literally behind it all !!!!!!!! What are you talking about?! Let us fool around and make the world laugh).