Problem is that no one I know would be willing to give bitcoin a try, and would confuse me with some Herbalife pyramid scammer type
Quote
or pays you to post on a forum
Like the signature campaign do?
Topic: TOO MANY BITCOINERS - page 6. (Read 4568 times)
yes, we really need more people wanting bitcoin, otherwise we might see a bitcoin collapse if the next halving makes bitcoin mining unprofitable.
Problem is that no one I know would be willing to give bitcoin a try, and would confuse me with some Herbalife pyramid scammer type
Like the signature campaign do?
Problem is that no one I know would be willing to give bitcoin a try, and would confuse me with some Herbalife pyramid scammer type
Like the signature campaign do?
I have been watching Andreas Antanopolis and Gavin Andresen talking, as well as the MIT Expo and...
One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
Yes. it is exactly right, and I've done it. although only about altcoin spread this information in social media, or share with my close friends. and when reading this post, I am quite proud that I have done. so we are not only focused with bitcoin. This indirectly will make bitcoin balance and profitable too One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
Yes, the more people that use altcoins the better off Bitcoin will be.
It's arguable there's enough people mining.
But of course we're not "done getting new people" regarding people using, spending and receiving payments in Bitcoin.
Regarding mining, an even less centralized system (such as p2pools) would be ideal.
But of course we're not "done getting new people" regarding people using, spending and receiving payments in Bitcoin.
Regarding mining, an even less centralized system (such as p2pools) would be ideal.
Ok... So we now only accept people with money to buy our coins... We aren't an elitist community at all.
Mining is a free market. It will regulate itself. I do agree that the era of profitable mining is coming to a close but if people want to spend their time and money on it that's okay too.
Maybe the era of profitable bitcoin mining, but the era of making your own coin is on its way in. And no one's friends care if they premine, as long as they get some coins and maybe a mining rig.
There are very few truly innovative alt coins out there. 99% of them are cut and paste pump and dumps designed by the creators to make money.
That is another thing I noticed listening to Gavin, "Truly Innovative" as if the only way to innovate is to alter code... That is not what regular people care about. Regular people do not care if Worldcoin does instant transactions, if they can't figure out how to get World coins.
The next "True Innovation" is the coin that pays you to like and share on facebook, or pays you to post on a forum. THAT is what people will think is innovative.
I have been watching Andreas Antanopolis and Gavin Andresen talking, as well as the MIT Expo and...
One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
Yes. it is exactly right, and I've done it. although only about altcoin spread this information in social media, or share with my close friends. and when reading this post, I am quite proud that I have done. so we are not only focused with bitcoin. This indirectly will make bitcoin balance and profitable too One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
I think everyone should stop mining and let me claim the current 15k prize every 10 minutes, sound fair?
You drive a hard bargain, mister. Well, alright, you got yourself a deal. I don't see what choice we have, now that OP has sounded the alarm on this Extremely Serious Dangerous issue. 
It's arguable there's enough people mining.
But of course we're not "done getting new people" regarding people using, spending and receiving payments in Bitcoin.
Regarding mining, an even less centralized system (such as p2pools) would be ideal.
But of course we're not "done getting new people" regarding people using, spending and receiving payments in Bitcoin.
Regarding mining, an even less centralized system (such as p2pools) would be ideal.
Mining is a free market. It will regulate itself. I do agree that the era of profitable mining is coming to a close but if people want to spend their time and money on it that's okay too.
Maybe the era of profitable bitcoin mining, but the era of making your own coin is on its way in. And no one's friends care if they premine, as long as they get some coins and maybe a mining rig.
There are very few truly innovative alt coins out there. 99% of them are cut and paste pump and dumps designed by the creators to make money.
Mining is a free market. It will regulate itself. I do agree that the era of profitable mining is coming to a close but if people want to spend their time and money on it that's okay too.
Maybe the era of profitable bitcoin mining, but the era of making your own coin is on its way in. And no one's friends care if they premine, as long as they get some coins and maybe a mining rig.
Some people don't mine to profit, they mine to make the network stronger.
Then why not mine to make an Alt network stronger?
impossible to happen. people are even buying monstrous hardware just to mine.
They could use that hardware to mine other coins. And if they have "monstrous hardware" they could give like 25% of the coins they get away for free, which will jump start whatever coin they mine (like what happened with DOGE, everyone got some free so they all wanted to see it do well)
Mining is a free market. It will regulate itself. I do agree that the era of profitable mining is coming to a close but if people want to spend their time and money on it that's okay too.
Some people don't mine to profit, they mine to make the network stronger.
impossible to happen. people are even buying monstrous hardware just to mine.
I think everyone should stop mining and let me claim the current 15k prize every 10 minutes, sound fair?
Lol
He even made it sound as if he is waiting for mining to end so that we can just trade the coins and have Devcoiners mine or something like that. That was after someone asked about the energy consumption of mining.
He said that because mining isn't profitable anymore, we need people actually using bitcoin so its value increase and mining becomes profitable again, we don't need less people mining we need more people using bitcoin.
No, he said the way it would correct itself is "The blocks will halve and halve and halve and less people will want to mine because it will be harder" so he is thinking along the lines that I said.
I think everyone should stop mining and let me claim the current 15k prize every 10 minutes, sound fair?
He said that because mining isn't profitable anymore, we need people actually using bitcoin so its value increase and mining becomes profitable again, we don't need less people mining we need more people using bitcoin.
I have been watching Andreas Antanopolis and Gavin Andresen talking, as well as the MIT Expo and...
One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
One things that I REALLY got from it was that there are TOO MANY PEOPLE mining Bitcoin. Gavin said it in like 2 or 3 videos.
Then they said "This year is the year of the multi sig wallet" which shows me that they believe we are done getting new people... Which makes sense, since they are saying that TOO MANY PEOPLE are mining...
We need to kick the community in to high gear. We need people HELPING EACH OTHER, telling each other what altcoins to mine. What exchanges to use. What coins they can get for FREE without mining.
The community is getting "Too Big" to mine regularly and needs to start using that hashing power to get something done.
MORE PEOPLE ARE COMING. I promise this is not the end of the growth, and it is hardly even the beginning of the growth.
If you have never used an altcoin, PICK ONE. If you don't want to use altcoins, share Bitcointalk.org with other people. Post on other forums, post in Facebook groups, post in Google groups. Let's get the WHOLE world using Crypto!!!
https://bitcointalksearch.org/topic/coins-that-totally-could-push-bitcoin-to-the-next-level-678472
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