And 99.999999999% of the world thinks you're a poophead! I love this "make up statistics at will" game!
Yeah, kinda made up like you did with the yen comment...Seriously this is just to easy.
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And 99.999999999% of the world thinks you're a poophead! I love this "make up statistics at will" game!
I'll be surprised if it wasn't the owner who made off with the bitcoins and claim they've been hacked.
Has anyone ever actually believed that?
Bitcoin is here to stay and that train has already left the building.
Get on or get flattened.
Sooner or later something will happen to bring the whole system down and everyone will be left penniless except for the crooks.
This again?
Yeah, kinda made up like you did with the yen comment...Seriously this is just to easy.
The miners who are getting exploited have a right to know that they're victims.
I love how people defend the dollar saying bitcoin doesn't require any work.
The federal reserve prints money out of thin air -> Loans it to corporate banks at .5% interest. -> Banks loan it to citizens and government at 4-8% interest.
If that isn't using the USD to make "free" money without any work I don't know what is.
If you were stupid enough to not see Mt Gox was a scam that's your fault. Most intelligent bitcoiners knew to stay far away from them. An exchange that constantly kept their sell price a 50-100 dollars above any other exchange and takes months to pay out isn't playing legit.
I didn't make up anything about yen. Yen is accepted in Japan. Japan's population is just 127 million people, out of 7 billion worldwide. That means that 1.8% of the world's population accepts the yen as legal tender. So, to update, my substantiated number is that 98.2% of the world literally does not accept the yen as legal tender.
Now feel free to cite actual, provable Bitcoin statistics. Oh, that's right. There are none. So when you make a claim about Bitcoin usage numbers, you are pulling out a very stinky object that you think is a fact, but, in fact, is not.
The Japanese yen (円 or 圓 en?, symbol: ¥; code: JPY) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro.[1]
I think you're the one attempting to be obtuse. The point obviously being made was trying to pay said US-based bill with a foreign currency, but you knew that already.
I didn't make up anything about yen. Yen is accepted in Japan. Japan's population is just 127 million people, out of 7 billion worldwide. That means that 1.8% of the world's population accepts the yen as legal tender. So, to update, my substantiated number is that 98.2% of the world literally does not accept the yen as legal tender.
Now feel free to cite actual, provable Bitcoin statistics. Oh, that's right. There are none. So when you make a claim about Bitcoin usage numbers, you are pulling out a very stinky object that you think is a fact, but, in fact, is not.
LOL...the Yen is accepted outside of Japan as legal tender in other countries...you are making such stupid generalization percentages to back up your own statistics its actually quite pathetic. Please stop....
Every currency is traded in the world. That doesn't mean you can take 100 yen to the grocery store and get an apple. Try and keep up.
Every currency is traded in the world. That doesn't mean you can take 100 yen to the grocery store and get an apple. Try and keep up.
Take your yen down to 7-11 and pick up a Slurpee and a point that doesn't consist of fart noises. I'll await your return.
No, but in most banks around the world you could take that 100 yen and convert it to a local currency in a matter of minutes to go buy that apple ... a cryptocurrency is a little tougher to convert into a non-cryptocurrency (both logistically and geographically)
No, but in most banks around the world you could take that 100 yen and convert it to a local currency in a matter of minutes to go buy that apple ... a cryptocurrency is a little tougher to convert into a non-cryptocurrency (both logistically and geographically)
But not really.
I just laugh at all those who actually believe Bitcoin and other non regulated cryptoconcurrency were a good idea...
Never understood how a currency you could "mine" (gaining money without really doing anything for it) could work... You get richer without doing anything (work, trade against another value, etc)... How can a system really work like this?
And those who attack Bitcoin say that the fact that you have to convert Bitcoin to dollars demonstrates that it's not a valid currency, because currency must be legal tender. If you have to do that with Yen, then Yen is not a valid currency.
The conversion of Yen is only required if you are in a geographic location that doesn't accept Yen ...
...which is the vast majority of the world.
Still, the value of a currency is ONLY its ability to purchase goods and services (otherwise currency serves no useful purpose whatsoever as it is neither a good nor a service) ... with $100 I can go to almost any country in the world and buy a good or a service ... if a crypto currency can do the same thing it is a currency ... if it cannot then it is not
Still, the value of a currency is ONLY its ability to purchase goods and services (otherwise currency serves no useful purpose whatsoever as it is neither a good nor a service) ... with $100 I can go to almost any country in the world and buy a good or a service ... if a crypto currency can do the same thing it is a currency ... if it cannot then it is not
Stilleto compares the actual Japanese Yen to a "fart in the wind"
Exactly my though.
I can see if this "mining" was actually selling the accumulated processor time on some computational intensive task like Folding Home or something; But it wasn't . It was really doing NOTHING. There is NO VALUE in NOTHING.
So this has to be some kind of scam at it's root. Regardless if people "made money" on it.
People make money in a ponzi scheme at a certain point to.
I'd Forget it. Stilleto compares the actual Japanese Yen to a "fart in the wind", yet bitocins are absolutely the real deal. How do you argue with that twisted logic?
Mining is solving mathematically problems, then you submit the solution to the problems to the network and in return get a private key that is the coin.
Go read up on it before you idiotically call it a scam.
If you want to see a real ponzi scheme then look at government bonds, which require 2 people to but bonds so that 1 person can cash out the bond.
Unicorns. The next big thing will be ground up unicorn horns pressed into the shape of mini horns to be used as currency.
Unicorns. The next big thing will be ground up unicorn horns pressed into the shape of mini horns to be used as currency.