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Bitcoin wealth inequality and why it is bad Economics
Fiat money distribution unevenness is actually non-existent, since people appare…
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n/a | johnyj | October 04, 2015, 07:07:20 PM |
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NASA has found water on MARS!! Politics & Society
Throw some cactus seeds in first
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n/a | johnyj | October 04, 2015, 06:33:22 PM |
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Bitcoin wealth inequality and why it is bad Economics
Inequality is a natural phenomenon, it exists almost everywhere: A few land lord…
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n/a | johnyj | October 03, 2015, 11:46:55 PM |
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Will the price raise auto-solve the block size problem Bitcoin Discussion
Definitely, because price raise is adrenaline Consider two different scenario:1…
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n/a | johnyj | October 02, 2015, 11:19:37 PM |
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Bitcoins 7 Transaction Per Second Limitation Bitcoin Discussion
The Fedwire system which handles transactions between thousands of banks in whol…
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n/a | johnyj | October 02, 2015, 07:28:45 PM |
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Hearn Banned from #Bitcoin-dev Bitcoin Discussion
It is possible as long as the implementations are fully compatible with the Bitc…
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n/a | johnyj | October 02, 2015, 08:49:30 AM |
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Hearn Banned from #Bitcoin-dev Bitcoin Discussion
"bitcoin political philosophy list" yes it is highly desired even hereLastly,…
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n/a | johnyj | October 02, 2015, 08:10:53 AM |
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why you mostly like bitcoin compare to other digital currency? Bitcoin Discussion
You only select one most popular coin because of the inflation concern: If you u…
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n/a | johnyj | October 02, 2015, 07:29:37 AM |
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Is it helpful or harmful to the Bitcoin to offer products/services only in BTC? Economics
- Why do you mine bitcoin? - To use it to buy miners- Why do you buy miners? -…
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n/a | johnyj | October 01, 2015, 10:29:13 PM |
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What are some STRONG use cases for Blockchain tech? Bitcoin Discussion
how about digital assests on the blockchainBitcoin itself is the digital asset o…
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n/a | johnyj | October 01, 2015, 10:01:34 PM |
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What are some STRONG use cases for Blockchain tech? Bitcoin Discussion
To a large extent, I do not share your concerns:1. Because the existence and typ…
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n/a | johnyj | October 01, 2015, 09:33:26 AM |
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Bitcoin in 2100 of year Bitcoin Discussion
In a top down money distribution model like fiat money, money is coming from top…
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n/a | johnyj | October 01, 2015, 06:15:40 PM |
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What are some STRONG use cases for Blockchain tech? Bitcoin Discussion
Money is the only strong use case right nowThe blockchain can only make sure the…
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n/a | johnyj | October 01, 2015, 08:05:20 AM |
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Hearn Banned from #Bitcoin-dev Bitcoin Discussion
"bitcoin political philosophy list" yes it is highly desired even here
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n/a | johnyj | October 01, 2015, 07:12:33 AM |
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CEO of Bitcoin Startups Listed on the Forbes Top Ten Richest People In the World Economics
Forbes list is a joke, it does not count the bankers and large land lords, each…
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n/a | johnyj | September 30, 2015, 09:13:25 PM |
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Vitalik Buterin's idea of block size management is highly worth coinsidering Bitcoin Discussion
Ethereum Founder Vitalik Buterin Talks Cryptocurrency Governance"To discourage a…
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n/a | johnyj | September 30, 2015, 08:03:52 PM |
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Ending debt slavery - This is why Bitcoin exists and it's begun. Economics
You seem to forget that the value of the paper money is somehow created. The per…
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n/a | johnyj | September 30, 2015, 08:07:54 AM |
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Poll: Mike H. Interview - Convincing or not? Bitcoin Discussion
At the end of the interview he mentioned that the communication between devs has…
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n/a | johnyj | September 30, 2015, 06:51:02 PM |
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How many daily transactions can 1mb Handle? Bitcoin Discussion
Raise the block size based on all the fees paid in 2016 blocks: If the fee is to…
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n/a | johnyj | September 30, 2015, 07:56:23 AM |
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Simplistic fix for blocksize problem... Bitcoin Discussion
It does not matter, the speed limitation is in the hardware and network, not coi…
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n/a | johnyj | September 30, 2015, 07:29:30 AM |
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Ending debt slavery - This is why Bitcoin exists and it's begun. Economics
This statement from Varoufakis the now former Greek finance minister is brave an…
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n/a | johnyj | September 30, 2015, 12:15:05 AM |
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Bitcoin as currency of currency Economics
Although the total coin supply is known, the real supply on market is very unpre…
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n/a | johnyj | September 29, 2015, 11:52:27 PM |
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Greece gets "Get out of jail free card" Bail out deal reached! Economics
SO they kick the can farther down the road.. the idea they can pay off the debt…
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n/a | johnyj | September 29, 2015, 11:02:49 PM |
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What are possible scenarios for the block halving? Speculation
During last halving, many people already exhausted their hash power on GPUs due…
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n/a | johnyj | September 29, 2015, 10:04:03 PM |
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Eventually the FUNGIBILITY issue of bitcoin will make headlines ... Bitcoin Discussion
Government restrictions on amount of Bitcoin to be transactions with.http://www.…
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n/a | johnyj | September 29, 2015, 09:27:51 PM |
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Bitcoin's KILLER app Bitcoin Discussion
I think that earnit is more of a joke. Piggybanks always had an appeal to be phi…
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n/a | johnyj | September 29, 2015, 07:12:14 PM |
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Ethereum Ship sinking!!!! Altcoin Discussion
IT guys typically have no knowledge about economy and finance, because that is u…
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n/a | johnyj | September 29, 2015, 08:36:51 PM |
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China market $245, Why bitstamp bitfinex refuse to follow and dumping? Speculation
It is likely the capital fleeing china through bitcoin, thus constant buy pressu…
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n/a | johnyj | September 29, 2015, 09:13:13 AM |
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Eventually the FUNGIBILITY issue of bitcoin will make headlines ... Bitcoin Discussion
It seems that bitcoin will be regulated similar to cash at first. Then at a late…
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n/a | johnyj | September 28, 2015, 10:06:50 PM |
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Bitcoin properties, which is the best? Bitcoin Discussion
The total limited supply at 21M is the best property, and it's missing from the…
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n/a | johnyj | September 28, 2015, 09:51:07 PM |
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Bitcoin's KILLER app Bitcoin Discussion
This one seems to be quite close to a killer appERNIT - The Piggy Bank for digit…
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n/a | johnyj | September 28, 2015, 09:36:03 PM |
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Bitcoin's KILLER app Bitcoin Discussion
Bitcoin kills, quit bitcoin while you still can
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n/a | johnyj | September 28, 2015, 04:45:24 PM |
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Eventually the FUNGIBILITY issue of bitcoin will make headlines ... Bitcoin Discussion
It seems that bitcoin will be regulated similar to cash at first. Then at a late…
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n/a | johnyj | September 28, 2015, 01:38:54 AM |
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Future of real estate in USA Economics
No one can truly own real estate, they are always subject to tax and eminent dom…
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n/a | johnyj | September 25, 2015, 07:10:42 PM |
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How too get rich Economics
I stumbled across this article recently:https://en.wikipedia.org/wiki/Enclosure"…
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n/a | johnyj | September 25, 2015, 09:33:03 PM |
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How too get rich Economics
I stumbled across this article recently:https://en.wikipedia.org/wiki/Enclosure"…
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n/a | johnyj | September 25, 2015, 08:05:06 PM |
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Bitcoin halving to be canceled? Economics
Suppose that in future the coin supply changed to 1 bitcoin per block forever, t…
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n/a | johnyj | September 25, 2015, 06:55:24 PM |
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What's your least favorite thing about Bitcoin? Off-topic
Banks have first mover advantage
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n/a | johnyj | September 25, 2015, 09:54:46 AM |
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China is going to produce container-sized 1 PETAHASH/S BTC mining machine. Hardware
Modulated design, easy to reduce international shipping cost, but still on paper…
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n/a | johnyj | September 25, 2015, 07:56:46 AM |
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Have you used Bitcoin as Real money to buy Real/physical goods? Bitcoin Discussion
I have bought a couple of things with bitcoin, but as long as there are exchange…
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n/a | johnyj | September 24, 2015, 09:39:40 PM |
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Bitcoin halving to be canceled? Economics
I was able to understand why bitcoin has capped supply. But for long time I do n…
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n/a | johnyj | September 24, 2015, 03:07:53 PM |
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Bitcoin halving to be canceled? Economics
I have a strong inclination to think that the capped money supply will be a huge…
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n/a | johnyj | September 24, 2015, 02:59:15 PM |
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In your own words: What is the purpose of Bitcoin? Bitcoin Discussion
EnlightenmentPerfectly suit this modified quote from The Matrix"The fiat money s…
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n/a | johnyj | September 24, 2015, 01:37:09 PM |
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[ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs Hardware
Nice piece of hardware, but the needed power consumption is only for data center…
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n/a | johnyj | September 23, 2015, 10:53:40 PM |
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Bitcoin does not work. Bitcoin Discussion
The time has not come yet. To spend bitcoin, you must first have bitcoin, and th…
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n/a | johnyj | September 23, 2015, 09:13:24 PM |
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The 21 Bitcoin Computer Bitcoin Discussion
The mining feature is not very useful, so I'm curious why they included it. My g…
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n/a | johnyj | September 23, 2015, 06:51:23 PM |
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Bitcoin halving to be canceled? Economics
So the point of reward halving (among other things) was to attract users to this…
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n/a | johnyj | September 23, 2015, 08:49:18 PM |
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The 21 Bitcoin Computer Bitcoin Discussion
You purchase bitcoin through purchase electricity, thus bypass the exchange. But…
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n/a | johnyj | September 23, 2015, 08:56:07 AM |
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The 21 Bitcoin Computer Bitcoin Discussion
You purchase bitcoin through purchase electricity, thus bypass the exchange. But…
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n/a | johnyj | September 23, 2015, 08:34:58 AM |
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The 21 Bitcoin Computer Bitcoin Discussion
https://de.reddit.com/r/Bitcoin/comments/3m0zp5/the_8_most_informative_comments_…
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n/a | johnyj | September 23, 2015, 03:45:48 AM |
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The 21 Bitcoin Computer Bitcoin Discussion
For the miners or people with mining experience out there...How much Bitcoin (a…
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n/a | johnyj | September 23, 2015, 03:29:51 AM |
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Bitcoin halving to be canceled? Economics
To everyone concernedGuys you seem to be missing the whole point I was trying to…
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n/a | johnyj | September 23, 2015, 02:28:58 AM |
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Bitcoin halving to be canceled? Economics
Bitcoin's soul is consensus. Notice that the property of "fixed total amount of…
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n/a | johnyj | September 22, 2015, 10:17:22 PM |
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Bitcoin halving to be canceled? Economics
You can tune the parameters a little bit to make the reward having more gradual:…
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n/a | johnyj | September 22, 2015, 07:32:43 PM |
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Looking for a buddy I can add to skype who I can throw economics questions at Economics
Good questions, the reason that most of the central banks mechanism are not know…
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n/a | johnyj | September 22, 2015, 08:59:34 PM |
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Cash will be abolished & negative interest rates via bank accounts enforced Economics
In Switzerland and in Germany there are already 0.1% negative interest rates and…
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n/a | johnyj | September 22, 2015, 08:40:50 PM |
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The future of the paper money Economics
Holding paper money is the only way for normal people to defend against a negati…
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n/a | johnyj | September 22, 2015, 08:18:42 PM |
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Increasing number of early adopters cashing out. Speculation
Many early adopters were wiped out because they buy high and sell low
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n/a | johnyj | September 22, 2015, 08:18:00 AM |
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The 21 Bitcoin Computer Bitcoin Discussion
I guess anyone that is technically capable of running this thing already have en…
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n/a | johnyj | September 22, 2015, 07:05:44 AM |
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The 21 Bitcoin Computer Bitcoin Discussion
I have never really understood the ambitious idea of 21 Inc. After seeing this I…
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n/a | johnyj | September 21, 2015, 11:27:03 PM |
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Realistically does bitcoin have any competition ? Bitcoin Discussion
the greater fool theory states that the price of an object is determined not by…
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n/a | johnyj | September 21, 2015, 08:28:16 AM |
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chief economist Bank of England: we need adopt a digital currency like Bitcoin Bitcoin Discussion
Their token is totally on the opposite side of the equation: They want it to los…
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n/a | johnyj | September 21, 2015, 08:17:35 AM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
I don't think high frequency regular payments will be handled that way. Mobile o…
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n/a | johnyj | September 20, 2015, 07:09:25 PM |
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Time Republik ,Time banking and the sharing economy Economics
Have you watched the movie "In time"? To make time a currency, you should be abl…
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n/a | johnyj | September 20, 2015, 06:44:31 PM |
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An argument for why Bitcoin may become mainstream. Bitcoin Discussion
Fiat within itself is a paradox. Dollar is less and less valuable, it loses purc…
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n/a | johnyj | September 20, 2015, 06:31:58 PM |
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Satoshi is back ? Bitcoin Discussion
How many people from today will still be bitcoiners in 20 years? I'd say very fe…
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n/a | johnyj | September 20, 2015, 06:06:48 PM |
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Fed Implies Possible Negative Interest Rates Economics
They will keep printing and buying lands and houses with printed money until the…
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n/a | johnyj | September 20, 2015, 05:57:58 PM |
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Satoshi is back ? Bitcoin Discussion
The interesting address is this one:https://blockchain.info/address/17qfbjKam8Rw…
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n/a | johnyj | September 20, 2015, 05:32:56 PM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
When a channel is created, a corresponding refund transaction is created as well…
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n/a | johnyj | September 19, 2015, 11:19:41 PM |
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Realistically does bitcoin have any competition ? Bitcoin Discussion
If you want to get the maximum effect of monetary deflation, you would only inve…
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n/a | johnyj | September 19, 2015, 11:15:53 AM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Then the question arises: If institutions still need to use the traditional way…
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n/a | johnyj | September 19, 2015, 10:52:24 AM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Then the question arises: If institutions still need to use the traditional way…
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n/a | johnyj | September 19, 2015, 09:55:50 AM |
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Andreas Antonopoulos about censorship on bitcointalk and reddit Bitcoin Discussion
Yes, there should not be any kind of censorship, given all the talk truly repres…
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n/a | johnyj | September 19, 2015, 09:32:37 AM |
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Are you holding your bitcoin for a price increase? Bitcoin Discussion
A new reason to hold it: In case banks are going to remove cash from the circula…
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n/a | johnyj | September 19, 2015, 12:42:15 AM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
True, LN seems to be very similar to how banks and institutions work in a closed…
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n/a | johnyj | September 18, 2015, 10:12:36 PM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Conducting off the blockchain transaction will sure put more pressure on central…
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n/a | johnyj | September 18, 2015, 09:53:47 PM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Not really sure, but I guess the LN nodes might be practicing FRB by then, and t…
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n/a | johnyj | September 18, 2015, 09:21:11 PM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
True, LN seems to be very similar to how banks and institutions work in a closed…
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n/a | johnyj | September 18, 2015, 11:37:23 AM |
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Greek debt crisis demonstrates perils of lending to your euro friends Economics
QuoteJust look at the facts: Japan's debt to GDP ratio is more than 214%, Greece…
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n/a | johnyj | September 18, 2015, 11:18:24 AM |
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Greek debt crisis demonstrates perils of lending to your euro friends Economics
"The war is over; let the occupation begin."The occupation is wanted by Greeks t…
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n/a | johnyj | September 18, 2015, 10:27:56 AM |
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BREAKING: Atlanta based Bitcoin giant BitPay hacked for nearly $2,000,000! Bitcoin Discussion
This has something to do with bitcoin too. This kind of theft would never happen…
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n/a | johnyj | September 18, 2015, 09:13:05 AM |
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Greek debt crisis demonstrates perils of lending to your euro friends Economics
"The war is over; let the occupation begin."The occupation is wanted by Greeks t…
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n/a | johnyj | September 18, 2015, 08:50:15 AM |
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I will not Die Untill Bitcoin will reach at Least 50K Speculation
I have more faith that bitcoin will reach 1 million price mark very soon. Becaus…
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n/a | johnyj | September 18, 2015, 08:30:16 AM |
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Bitcoin's payment function can not compete with mobile payment solutions Bitcoin Discussion
Again, I wished we haven't told people about confirmations in the first place.Tr…
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n/a | johnyj | September 18, 2015, 07:53:12 AM |
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Why do Atheists hate Religion ? Politics & Society
All the questions that science could not answer, throw it to God God always hav…
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n/a | johnyj | September 18, 2015, 07:37:12 AM |
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Bitcoin: currency or investment? Bitcoin Discussion
Currency for the nerds, investment for the wise, speculation for the mass
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n/a | johnyj | September 18, 2015, 12:17:37 AM |
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Bitcoin's payment function can not compete with mobile payment solutions Bitcoin Discussion
http://www.marketwatch.com/story/state-of-pay-an-overview-of-mobile-payments-201…
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n/a | johnyj | September 17, 2015, 11:46:06 PM |
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Greece Is Not Unique; Unsustainable Government Debt Has No Upside Economics
There is a common misconception: Money issued through debt. It is mathematically…
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n/a | johnyj | September 17, 2015, 10:37:26 PM |
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FED is not going to raise the rate Economics
http://www.marketwatch.com/story/federal-reserve-opts-to-keep-interest-rates-nea…
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n/a | johnyj | September 17, 2015, 10:09:19 PM |
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Amazing at what money can do to a human Bitcoin Discussion
At this stage, money is not a big concern, my view of priority:1. Survival2. Sec…
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n/a | johnyj | September 17, 2015, 08:50:49 PM |
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BREAKING: Atlanta based Bitcoin giant BitPay hacked for nearly $2,000,000! Bitcoin Discussion
In the grand scheme of things, this had little to do with bitcoin itself. Just a…
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n/a | johnyj | September 17, 2015, 08:29:37 PM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Just read that white paper another time, now I get a rough idea about how it mig…
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n/a | johnyj | September 17, 2015, 08:02:39 PM |
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BREAKING: Atlanta based Bitcoin giant BitPay hacked for nearly $2,000,000! Bitcoin Discussion
So these people have no telephones to confirm these types of transactions? Every…
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n/a | johnyj | September 17, 2015, 09:15:27 AM |
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BREAKING: Atlanta based Bitcoin giant BitPay hacked for nearly $2,000,000! Bitcoin Discussion
"Immediately after clicking on the Google doc link, Mr Krohn enters his authenti…
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n/a | johnyj | September 17, 2015, 08:53:10 AM |
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Could the lightning network solve the block size problem? Bitcoin Discussion
Just read that white paper another time, now I get a rough idea about how it mig…
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n/a | johnyj | September 17, 2015, 12:16:12 AM |
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Amazing at what money can do to a human Bitcoin Discussion
The time of that post is January 31, 2013. More than two years have passed, many…
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n/a | johnyj | September 16, 2015, 10:26:21 PM |
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Localbitcoins and I Legal
There are many scammers and drug dealers using localbitcoins, so it is extremely…
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n/a | johnyj | September 16, 2015, 08:37:33 AM |
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Enforcing a production quota on block space that fights the free market Bitcoin Discussion
...the power of the network effect. Altcoins that desperately attempt to compete…
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n/a | johnyj | September 16, 2015, 12:29:34 AM |
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Ways of buying bitcoin without letting the government notice Economics
I am a CPA and fully understand how tax law works for both entities and individu…
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n/a | johnyj | September 16, 2015, 07:43:15 AM |
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Thanks to people who support 1-2 MB blocks - great idea u fools... Bitcoin Discussion
Easier said than done, just import this private key and tell me how long it take…
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n/a | johnyj | September 16, 2015, 07:06:07 AM |
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