Current Message	Return to posts
From: LP12
good chart. The whole thing about 'need more power to mine as fewer coins remain' (my earlier comment about relatively few left to mine), .. what's to stop 'the community' saying, 'we'll just leave those last 3million? 'coins' 'unmined'. Fuck it, 17 million in circulation, plus or minus the million lost, that'll do it. Not worth bothering with the rest.' Is this realistic? reasonable? Possible? If not why not. I think we should be told. Maybe one day when we actually get fusion, or just put some RR smr on the case they can be mined. But honestly, would it be a problem for the running of the whole ledger side of things if not all coins were in circulation? (given that say as much as 10% of supply down back of various sofas anyway) You could argue value would increase with less limited coin in circulation. Only thing i'v got against all this is that there are approx 40 billion other forms of digital currency. (I know, get a book and educate yourself,. but somehow I've not got round to it as I'm not really in the market to bother investing in Donal Trump etc coins. Just a casual question/

Current Thread	Author	Time
Bitcoin going to zero says non bearded chap...[more]	Hamsterwheel	14:27:47
>> 1 BTC costs ~$88k to mine, yet sells for ~$68k...[more]	Opisthocomus	15:40:13
>> Garbage....[more]	Free Thinking Doggie	18:17:20
>> Obviously, but electricity isn't getting cheaper is it.	Opisthocomus	18:58:37
>> good chart. The whole thing about 'need more power to mine as fewer coins ... [more]	LP12	15:59:04
>> Quid pro quo, something for you...[more]	LP12	17:50:44
>> Thanks, I've started to watch. 'Lost Industries' has quite an archive: ... [more]	Opisthocomus	18:55:23
>> yeah, I'm 1/3rd thru, rest 4 later [ituh]	LP12	19:43:31
>> Very possible. It has no intrinsic value.	Denc 🗡	14:45:45
>> Unlike.......[more]	Free Thinking Doggie	14:52:16
>> All a matter of confidence. But the dollar is the measure of the US economy. ... [more]	Denc 🗡	14:58:53
>> The USD relies on it being the global reserve currency. The BRICS are doing ... [more]	Free Thinking Doggie	15:02:17
>> of course one more reason 'We must bomb Iran2 save Israel' (Shekel power) ... [more]	LP12	15:47:26
>> We should all go back to using Pieces of Eight as the GRC...[more]	Occhio Pazzo 🇬🇧	15:28:37
>> Talking absolute %&!*@....[more]	Free Thinking Doggie	14:39:35
>> No, it uses about half. For a tiny fraction of the banking transactions. Ban it, ... [more]	Hamsterwheel	17:44:46
>> Garbage.	Free Thinking Doggie	18:17:59
>> No, facts. 238 Twh for banking v 155-200 for Bitcoin.	Hamsterwheel	18:29:56
>> 1. new age ozzie ...[more]	LP12	14:34:52
>> ......[more]	Free Thinking Doggie	14:50:02
>> nothing wrong with a bit of mid east imporation ... but there is when they ... [more]	LP12	15:34:57

You must log in or register before you can post messages (you'll be returned to this page once logged in).