Topic: Destroying bitcoin, by coin, by coin... - page 8. (Read 15743 times)

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.

Also, if Bitcoin is a "concept that is doomed to fail" then why are you even wasting your time? It'll fail anyways. I guess you don't really believe that then, do you?

I agree with this. We need to make 1BTC worth 100USD. Now.

Unless you can convince EVERYONE to destroy their bitcoins, you only give away money to other people.

Destroy more!

You should try burning Euros. That's fun too.

Thank you for making my coins more valuable! 

 Secondly, why are you opposed to bitcoins?  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?

me too +1

Great Idea! Do it!

We are aware of that. We have no problem with helping other people get rich. You can thank us for our "donation" by destroying a few bitcoins



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. So every coin destroyed is a small step

Thanks! I support your initiative.

If you're serious... epic fail, you just make everyone else's coisn more valuable (And bitcoin can be modified for greater divisibility, so that's not an issue...)

Otherwise, go away, troll.

Public Service Notice: Please don't feed the trolls.

I am an IT specialist at a medium sized european insurance company. Not in the large datacenters or anything, just a smallish dependance. We're with only two people in my department and we work together so basically we can do with the computers at our disposal what we want.
Including installing and running bitcoin miners

Good for you! You might think. Nice bitcoins for us, ready to spend or trade on an exchange or whatever and it doesn't cost us anything! Other than a few lost hours reading into bitcoin and then registering for a pool and setting up some miners.
But. We're not in this for the money. The ideal is what matters to us, the idea behind bitcoin, the potential it has and what it could same day become. The problem is, we don't believe in that. We both feel bitcoin is an incredibly silly idea, a waste of resources (spare me the irony, we're aware of it) and a concept that is doomed to fail.

So, we destroy every coin we mine. It's amazing how much effort it takes PC's to create a bitcoin yet how easily they can be destroyed. It litterally takes us no more than a minute every week. Delete the wallet.dat and create a fresh one and another 5 coins or so are gone forever

Miner is running on 12 PC's at the moment, total hashing power close to 700 Mhash. Next week it's time roll it out on the other 40 machines.

Of course you can join our quest and start deleting your wallets from today and help us get rid of bitcoin. Coin by coin by coin by coin!