Topic: Could Time Travel Kill Bitcoin? - page 5. (Read 4571 times)
Time travel would only kill bitcoin, if you go in the past and buy a large amount, and the price doesn't increase
if you could send a messge to yoursef back in 2009-2010 when bitcoin was pennies, and tell yourself to sell it at $1000 in december 2013.. guess what would happen
it would crash down to $220 by february 2015. (hinting a time travel event may have caused the crash
(im joking by the way))
but it wont kill bitcoin. it will only crash the fake prices of crappy exchanges for a while, but bitcoin will continue.
after all you can kill the price but the decentralised code will continue.(you cant kill bitcoin, but can kill the fiat value)
then later on the price will return once some demand momentum returns
it would crash down to $220 by february 2015. (hinting a time travel event may have caused the crash
(im joking by the way))but it wont kill bitcoin. it will only crash the fake prices of crappy exchanges for a while, but bitcoin will continue.
after all you can kill the price but the decentralised code will continue.(you cant kill bitcoin, but can kill the fiat value)
then later on the price will return once some demand momentum returns
If you could go back in time you would have so many possibilities to make money that Bitcoin would be of absolutely no interest to you.
This.
Also, messing with supply/demand on early stage of Bitcoin could mean that it would never reach $1000 or even some better-distributed altcoin could've taken the 1st place.
I'd go back in time 5 yrs before Genghis Khan times, since there would be no automatic weapons when I try to conquer the world
I would go black 5 years from now and buy 1 million BTC.
I'd go back in time 5 yrs before Genghis Khan times, since there would be no automatic weapons when I try to conquer the world
you can only time travel as far back as the time machine gets invented.
so if you invent a time machine, you will have lots of visitors from the future instantly you power it on the first time.
so if you invent a time machine, you will have lots of visitors from the future instantly you power it on the first time.
if you had a time machine, bitcoin is nothing. i'd bring some automatic weapons back to genghis khan times and take over the world.
Well apparently going back in time is impossible, so no.
I could time travel into the future, get the private key for a 100 BTC wallet in a flash drive, and come back to the current time.
Boom, 21 million and 100 coins now in existence.
Boom, 21 million and 100 coins now in existence.
There are so many possibilities but I imagine if I could leave myself a note, i would write a note on the winning jackpot lottery number. That would say me all the work on mining.
I guess I was thinking more, accidentally ending up back in time without knowing how long you'll be there and writing a quick note. If it was an accident, you wouldn't know the lottery numbers + day/time they'll be drawn off the top of your head most likely.
If you could go back in time you would have so many possibilities to make money that Bitcoin would be of absolutely no interest to you.
There are so many possibilities but I imagine if I could leave myself a note, i would write a note on the winning jackpot lottery number. That would say me all the work on mining.
think logically if time travel can kill the world why couldnt it kill bitcoin
Sure, time travel could kill. Imagine I could go back to the time when your mom was a teenager, and drive over her with a truck. You'd be no more.
I meant just trying to dump that amount of bitcoin at 1,000 dollars because you were told you could, not in general, like killing Satoshi (if you actually knew who they were) or something.
I probably would not buy as the price rose up, but CPU mine as many coins as possible and call it a day. Funny thought experiment anyway.
Sure, time travel could kill. Imagine I could go back to the time when your mom was a teenager, and drive over her with a truck. You'd be no more.
think logically if time travel can kill the world why couldnt it kill bitcoin
So I just woke up from a dream about time travel and it had me thinking all sorts of questions...
If you could time travel and leave yourself a note "Mine and buy Bitcoin at cents each, then sell for 1,000 dollars each," and sign it so you know it's you from the future, what would happen?
1) Would you do it?
2) If you did, knowing it could be sold for 1,000 dollars, would you keep buying and buying as the price rose, and how much do you think you could make if it you sold it all or most of it for 1,000 dollars each?
3) What would that kind of heavy demand from the beginning do for Bitcoin, would it have rose much faster, and higher quicker?
4) What would that kind of amount of dumping, at 1,000 dollars each, do to the price?
5) Do you think you could kill Bitcoin, trying to dump that much?
6) If you could kill Bitcoin, would you still do it just to profit?
If you could time travel and leave yourself a note "Mine and buy Bitcoin at cents each, then sell for 1,000 dollars each," and sign it so you know it's you from the future, what would happen?
1) Would you do it?
2) If you did, knowing it could be sold for 1,000 dollars, would you keep buying and buying as the price rose, and how much do you think you could make if it you sold it all or most of it for 1,000 dollars each?
3) What would that kind of heavy demand from the beginning do for Bitcoin, would it have rose much faster, and higher quicker?
4) What would that kind of amount of dumping, at 1,000 dollars each, do to the price?
5) Do you think you could kill Bitcoin, trying to dump that much?
6) If you could kill Bitcoin, would you still do it just to profit?
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