Crack on goony keep up the good work.
Also thanks
Topic: Destroying bitcoin, by coin, by coin... - page 7. (Read 15743 times)
Ok. Have 10 people and 10 pies. We give everyone a pie.
Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc.
We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat.
We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier.
Still think shifting the digit will solve bitcoins getting lost?
Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc.
We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat.
We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier.
Still think shifting the digit will solve bitcoins getting lost?
You missed one thing. Since the remaining BTC are more valuable it's similar to making the remaining pies bigger. Those 8 pies that get lost are actually causing the remaining pies to get bigger. The pies have to get divided up into more pieces but the pieces themselves are bigger so everyone ends up with the same amount of pie as before. You've done nothing in the long-term.
So how many coins have you destroyed so far OP? You'd need to destroy more than 65000 to even destroy 1% of all the coins currently existing. Considering the value of each bitcoin, I highly doubt you'll convince many people to destroy bitcoins. Not to mention, you'll be long dead before all the bitcoins are ever created. 
<- sarcastically annoying docile smile
<- sarcastically annoying docile smile 
Wow, thank you guys
For every coin you destroy, mine are worth MORE
so, thank you!
For every coin you destroy, mine are worth MORE
so, thank you!
As pointed out by others, your method and your goals aren't aligned.
Basic arithmetic doesn't seem to be your forte, apparently. I'm wondering
how you managed to get hired into a large insurer's IT departement when
the concept of division is too complex for you to grasp.
Basic arithmetic doesn't seem to be your forte, apparently. I'm wondering
how you managed to get hired into a large insurer's IT departement when
the concept of division is too complex for you to grasp.
Awww, personal flames. Very cute.
You should thank me for making YOUR coins a bit more valuable every week, not flame me. But whatever makes you happy
Prove it, troll. Send your coins to the bitcoin eater instead of burning wallets:
http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
I didn't know that existed. It'd be much cooler to make my own adress of course and send it to that. I will do so next monday. (I already have weekend. I don't just destroy bitcoins, I live the easy life too!
) 
Prove it, troll. Send your coins to the bitcoin eater instead of burning wallets:
http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
This.http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
OP is full of smoke. He's not mining, and he's not destroying coins. It's someone on this forum who has registered a second profile for the simple purpose of trying to get a rise out of us.
It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed.
Yes, it is cheaper to destroy something than to create it. Do whatever you want with someone else's resources, you're only biological lifeforms, you are created to destroy other things, but do be careful, you might fall for your own trick. 
Forget it, I take back my invitation. You have no PC for mining. You are just having fun
Cheers and welcome to bitcoin bubble.
Cheers and welcome to bitcoin bubble.
Like we'd go hash for some small pool... We're at deepbit, helping them gain >50%.
LOL, you have no idea what you are talking about. Sorry mate. Enjoy your ride.
Come on guys, It is Satoshi feeling a bit whimsical today. Can't you tell? 
Feels good to delete nearly 100BTC
Forget it, I take back my invitation. You have no PC for mining. You are just having fun
Cheers and welcome to bitcoin bubble.
Cheers and welcome to bitcoin bubble.
Like we'd go hash for some small pool... We're at deepbit, helping them gain >50%.
Prove it, troll. Send your coins to the bitcoin eater instead of burning wallets:
http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE
Still think shifting the digit will solve bitcoins getting lost?
Well, yes. Yes, I do.
Forget it, I take back my invitation. You have no PC for mining. You are just having fun
Cheers and welcome to bitcoin bubble.
Cheers and welcome to bitcoin bubble.
You know what's funny, assuming this guy is telling the truth (I don't believe he is) he is setting himself up for a massive failure. Since he is mining on his company's hardware, those bitcoins belong to the company. If his employer ever finds out he will most likely be fired. Also, wouldn't the company be within its rights to ask for the value of those bitcoins back? If bitcoins shoot up in value he could be liable for quite a sum.
lol
lol
Me getting fired over this is about as likely as bitcoin becoming adopted by the masses. I'm not worried much
That simply divides the bitcoins up into smaller portions. Every bitcoin that is lost, is gone for good and simply reduces the amount of bitcoins there will ever be.
If you make all other BTC worth more and they are divided up into smaller pieces, the net result is no change long-term. You're not hurting anything. You're only helping us out in the short-term.
Ok. Have 10 people and 10 pies. We give everyone a pie.
Now 8 pies get lost. Some get eaten, one pie was encrypted and the key got lost, another one's fridge was hacked and his pie deleted, a pie was dropped on the floor, etc etc.
We divide every remaining pie into 10 pieces. One guy didn't lose his pie, he gets to keep all 10 pieces. The other 10 pieces are divided evenly over the other 9 people and piece gets destroyed by me, just cos I can. And pie makes me fat.
We have 10 times as many "items of pie". We performed a digit shift on the pie basically... Yet now one guy has half of all items of pie available, while he only had 1/10 earlier.
Still think shifting the digit will solve bitcoins getting lost?
You know what's funny, assuming this guy is telling the truth (I don't believe he is) he is setting himself up for a massive failure. Since he is mining on his company's hardware, those bitcoins belong to the company. If his employer ever finds out he will most likely be fired. Also, wouldn't the company be within its rights to ask for the value of those bitcoins back? If bitcoins shoot up in value he could be liable for quite a sum.
lol
lol
I am wondering is it someone's alter ego pulling our collective leg here or is he for real?
Thank you for making my coins more valuable!
You're welcome!
Quote
Secondly, why are you opposed to bitcoins?
Oh my, there's a ton of reasons, all of which I am sure you've read here on the forums before so I think it'd be kinda boring to discuss here. Just a small list if you insist (if you like my rhymes, please sestroy a bitcoin for donation!
:- The deflatory nature of bitcoin is an inherent flaw making the principle useless
- Bitcoin is a speculative bubble, has no real value and will cause many people to lose the money they invested
- The whole concept is too geeky (and yes, we're geeks too, but still) to become ever widely adopted
- It is a pyramid scheme and the only ones benefiting are the early adoptors and they will laugh at you when they cash and pull out
- It's a botnet-hack waiting to happen
- Instances like MtGox deciding to perform rollbacks show that the principle ideal was already raped
- and so on...
Quote
What else are you opposed to that you take such decisive action on? What I mean is, if you don't like cats, do you kill every cat you see?
Jesus christ, killing cats? That is... disturbed.
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