Author

Topic: Shutting off bitcoin mining ? (Read 773 times)

newbie
Activity: 7
Merit: 0
April 09, 2013, 06:01:20 PM
#16
THE WORLD WILL END
yvv
legendary
Activity: 1344
Merit: 1000
.
April 09, 2013, 05:28:37 PM
#15

Let`s say here on bitcoin talk huge community will shut down mining ?


I guess, you will be able to hack blockchain with your desktop in this case. Do not miss an opportunity to leave those richest bitcoin addresses with naked ass.  Cheesy
newbie
Activity: 13
Merit: 0
April 09, 2013, 05:20:28 PM
#14

Rest assured, Internet. Bitcoin will never drop to zero. You have my word on that.


ditto

I have $500

so as long as there is bitcoin I will pay $0.0000238 per coin

so they'll never really be worthless!
hero member
Activity: 561
Merit: 500
April 09, 2013, 06:42:08 AM
#13
Even if everyone else stops, my descendants and I will keep solo mining until the heat death of the universe. And I will always be willing to buy bitcoins at some non-zero price.

Rest assured, Internet. Bitcoin will never drop to zero. You have my word on that.

Now, since the common belief is that bitcoin will eventually trade for either zero or a million bucks each, and I guarantee they will never reach zero, it is now indisputably known that bitcoins will eventually reach a million.

So get out there and trade for some coins, then spend them with your favorite vendor!
newbie
Activity: 13
Merit: 0
April 09, 2013, 06:20:22 AM
#12

Hello

i have stupid questions about stop BTCminning for 2 or 3 days ?
What will heppend ?


it would take longer for confirmations.... for a while?
member
Activity: 82
Merit: 10
April 09, 2013, 06:06:13 AM
#11
[If nobody is mining there is no way to store transactions, so you cannot buy any bitcoins

Not only would you not be able to purchase any bitcoins, you would not be able to make ANY transactions involving bitcoins (on the blockchain, anyway).

"Mining" is the method by which bitcoin transactions are recorded on the blockchain. Any transaction that is NOT recorded on the blockchain is unconfirmed and should not be regarded as final.
newbie
Activity: 7
Merit: 0
April 09, 2013, 05:36:32 AM
#10
i know that`s inposible, but If.....

if stop one or 10 od 100 .. that`s nothing, but IF  let`s say  all pools closed minning for 2-3 days ??

probably panic will be amazing, and people will start selling Bitcoins Smiley and i will try to buy   Tongue

If nobody is mining there is no way to store transactions, so you cannot buy any bitcoins
b!z
legendary
Activity: 1582
Merit: 1010
April 09, 2013, 04:28:50 AM
#9
i know that`s inposible, but If.....

if stop one or 10 od 100 .. that`s nothing, but IF  let`s say  all pools closed minning for 2-3 days ??

probably panic will be amazing, and people will start selling Bitcoins Smiley and i will try to buy   Tongue

solo miners..?
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
April 09, 2013, 03:31:57 AM
#8
i know that`s inposible, but If.....

if stop one or 10 od 100 .. that`s nothing, but IF  let`s say  all pools closed minning for 2-3 days ??

probably panic will be amazing, and people will start selling Bitcoins Smiley and i will try to buy   Tongue
newbie
Activity: 46
Merit: 0
April 09, 2013, 03:11:11 AM
#7

i have stupid questions about stop BTCminning for 2 or 3 days ?
What will heppend ?

The same thing that would happen ifevery groery store in pittsburgh decided to close for a week.
legendary
Activity: 1526
Merit: 1001
April 09, 2013, 03:08:25 AM
#6

Hello

i have stupid questions about stop BTCminning for 2 or 3 days ?
What will heppend ?

Let`s say here on bitcoin talk huge community will shut down mining ?

What will happend with stock, and with difficulty  ?

what is the power of bitcointalk.org  community?
Thaks..

I stopped mining week ago, and nothing happened. My 5830 could make 0.02 per day but it even doesnt pay electricity.
legendary
Activity: 1974
Merit: 1003
April 09, 2013, 02:46:55 AM
#5
Who, you mine ASIC miners ?

 Grin good one
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
April 09, 2013, 02:41:33 AM
#4
Who, you mine ASIC miners ?
sr. member
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
April 09, 2013, 02:40:55 AM
#3
mining is powered by greed and hope. it will never stop.
hero member
Activity: 728
Merit: 500
April 09, 2013, 01:45:03 AM
#2
we are the black sheep of bitcoin. They are all ashamed of us.  Undecided
hero member
Activity: 806
Merit: 507
Trusted Campaign manager
April 09, 2013, 01:35:00 AM
#1

Hello

i have stupid questions about stop BTCminning for 2 or 3 days ?
What will heppend ?

Let`s say here on bitcoin talk huge community will shut down mining ?

What will happend with stock, and with difficulty  ?

what is the power of bitcointalk.org  community?
Thaks..
Jump to: