Topic: rpietila public diary ** Episode II (Read 882 times)
Getting on the ground floor of further insanity.
What is Bitcoin? A story for the ages...
thank you for your work Mr. Pietila, it has influenced my perception of the world greatly and I'm honored to have you here with us.
thank you for your work Mr. Pietila, it has influenced my perception of the world greatly and I'm honored to have you here with us.
Happened previously
- Satoshi started to run Bitcoin software 3.1.2009. In the initial months it was possible to generate bitcoins with CPU at an electricity cost of approx. $0.000,001/mBTC. Currently the easiest way to acquire them is to buy them at about $0.20/mBTC. The price of the currency unit has thus risen 200,000 times in less than 5 years. What is this phenomenon called Bitcoin?
Happened in previous episode 12.4.2013-18.6.2013
- rpietila explaining how he makes money with bitcoin
- Deduces bitcoin's long term target price of $300/mBTC
- Talking about Real Bills Doctrine
- Sent BTC13.37 to nkspace, an unknown forum troll
- Organized an international Bitcoin Summit in Finnish country hotel
- Developed concepts of Bitcoin Supernode System and Bitcoin Dealer Network Association
- Closed down due to declining health in anticipation of $1.400/mBTC
Happened after previous episode
- Calculation of the distribution of bitcoins between owners of different size
Happened in this thread
- Nothing so far
- Satoshi started to run Bitcoin software 3.1.2009. In the initial months it was possible to generate bitcoins with CPU at an electricity cost of approx. $0.000,001/mBTC. Currently the easiest way to acquire them is to buy them at about $0.20/mBTC. The price of the currency unit has thus risen 200,000 times in less than 5 years. What is this phenomenon called Bitcoin?
Happened in previous episode 12.4.2013-18.6.2013
- rpietila explaining how he makes money with bitcoin
- Deduces bitcoin's long term target price of $300/mBTC
- Talking about Real Bills Doctrine
- Sent BTC13.37 to nkspace, an unknown forum troll
- Organized an international Bitcoin Summit in Finnish country hotel
- Developed concepts of Bitcoin Supernode System and Bitcoin Dealer Network Association
- Closed down due to declining health in anticipation of $1.400/mBTC
Happened after previous episode
- Calculation of the distribution of bitcoins between owners of different size
Happened in this thread
- Nothing so far
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