Author

Topic: 500K BITCOINS WALLETs- A Ponzi scheme!! (Read 168 times)

legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
July 28, 2018, 09:36:26 AM
#6
#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...

Looking forward to your next post with great interest.
member
Activity: 280
Merit: 28
July 28, 2018, 09:07:43 AM
#5
And, reading the title, I thought he was onto something. Sigh!
legendary
Activity: 1596
Merit: 1026
July 28, 2018, 08:54:59 AM
#4
THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS
A lot of shouting, a lot of hashtags and no logic at all.
Typical Bitcoiner.  Dumb as fuck.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
July 10, 2018, 01:23:41 AM
#3
THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS

A lot of shouting, a lot of hashtags and no logic at all.

I don't know what you mean by "those" 500k wallets, but a simple math tells that if 500k wallets have a small 0.01BTC, that makes only 5000BTC and I am sure that there are plenty of wallets with less than that amount.
So 500k wallets is just a tiny part of how many wallets are possible to exist and also have balance.

So what the heck are you shouting about?!
sr. member
Activity: 840
Merit: 266
July 10, 2018, 12:25:56 AM
#2
#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...

Hmm I do not understand, why you did all this math ! share the wallet that concern you and we can easily check its history threw blockchain ? And who are claiming that the big wallets is miners  Huh This confusing  Cheesy .
jr. member
Activity: 126
Merit: 1
July 10, 2018, 12:09:17 AM
#1
#SATOSHI #NAKAMOTO designed the #BITCOIN #PROTOCOL to have a #BLOCK #MINED every 10 minutes.

Since the last halving in 2016 we are getting 12.5 #BTC per block plus the fees that at today's rate its almost nothing.

As an average considering the #PROFITABILITY, the #DIFFICULTY and the #HASHRATE every day 1800 Bitcoins are mined.

If you have the #BIGGEST #MINER in the #WORLD with 5% of the #HASHING #POWER, he will get 5% of those 1800 meaning 90 Bitcoins per day.

At this rate, he can get 2700 Bitcoins in a month or 32,400 Bitcoins in a year, in the last two years before the halving this hipotetical miner could get 64,800 Bitcoins.

BUT, there is a BIG BUT, In order to get those coins, he had to pay for electricity and a lot .. I will discuss that on another post

THIS IS WHY I DO NOT BELIEVE ON THOSE 500K BITCOINS #WALLETS, Unless they bought those coins several years ago then, its a HUGE MAYBE. But most of the time, they pretend to be a "Conglomerate" of Miners with #FRESH #COINS. NO WAY...
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