Mish shedlock bitcoin

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Arguing that Bitcoin will never be successful seems to be the cool thing to do every time the market takes a dive. Paradigms are sticky, I get it, mish shedlock bitcoin mining the naysayers need to realize that Bitcoin is already massively successful! Building on two simplistic premises, that Bitcoin could only plausibly have value in black markets or as a mish shedlock bitcoin mining for gold, Mackintosh wastes a bunch of time going through childish valuation exercises, e.

All models are wrong, some are useful! Mish Shedlock is another market commentator who routinely bashes Bitcoin. The fact that within half a week, Bitcoin price is just about right back to where it started should be indicator enough to take these well-timed critiques with mish shedlock bitcoin mining grain of salt.

Bitcoin may ultimately end up with zero value, but the verdict is far from out. As of now, Bitcoin is massively successful and need not grow one more user or one more percentage in market capitalization to declare it a success. Rob Viglione is co-founder of ZenCash, a privacy-oriented cryptocurrency hyperfocused on usability, and President of the Zen Blockchain Foundation mish shedlock bitcoin mining he's helping "Uberize" finance, create mish shedlock bitcoin mining freer, fairer, and nicer world by bringing fintech to the disenfranchised, and pioneer decentralized blockchain-based systems of governance.

As a PhD Candidate in Finance, Rob's research interests span cryptofinance, venture capital, and asset pricing. He is a passionate libertarian who advocates peace, freedom, and respect for individual life. Very good post for me finpunk!

I found your post on my daily bitcoin top list and believe your post is undervalued, so I upvoted and resteemed your post!

All the best minnowhelp. We should just tune out all this bullshit from people about crypto, it took bitcoin 9 years to reach so far and it has still survived and it mish shedlock bitcoin mining keep on flourishing if only we have faith in it! Bitcoin has been a much more massive success than I had envisioned in when I heard about it. Sure do wish I would have "wasted a few dollars on the fad. Guess which one is worth more 8 years later. It sure does seem to me that the Bears are all past the age of mish shedlock bitcoin mining I don't mean to be an "Ageist" or any of that nonsense, but in my experience, most people who make derogatory statements have been long entrenched in the World of Banks.

In order to create mish shedlock bitcoin mining legal framework mish shedlock bitcoin mining the currency of the Btc and other digital currencies, the Indian Government is now considering the launch of its own currency, which is similar to the mish shedlock bitcoin mining of the BTC.

The Indian government is considering a "proposal to introduce its own currency, like the Betquin coin," the Bossines Standard newspaper reported on Saturday.

So that this digital currency, which will be managed by the state will be called Lakshmi "Lakshmi," and this name is attributed to the name of the gods of wealth, wealth and prosperity of Hindus. According to close sources:. Some laws, such as the currency code, may be amended. So this process will take a long time.

Hinting at the time that the government may enter its own legal digital currency that will be issued by the Reserve Bank of India. So we look forward to it very closely. At the same time, the Indian government is working on a legal framework for the currency of the BTCbitcoin-india.

Last week, the financial controller said that "the government will prepare a regulatory framework for the biotech soon. Last month, the financial controller also reported that the committee had submitted its report to the government, mish shedlock bitcoin mining the establishment of "strict control" of the digital currency, the news source said, adding that "there is no possibility of immediate restraint", but the government also does not support the promotion For this restriction.

According to the news source, financial intelligence will monitor the disadvantages of digital currencies. I used to think the black market was the sleazy underbelly of the country, where you risked your life going there, and getting ripped off was part of it.

However, the black market isn't mish shedlock bitcoin mining like that. In that market, your reputation is everything. You get what you pay for, and you pay for what you get.

On bitcoin vs gold Gold has lost its value because most of it is owned by banks and rots-children. We do not have any idea how much gold is in the hands of these big players. So we can not gauge the value of any transaction Gold is also not very useful. But, doing transactions in this internet age, gold just doesn't do squat.

In Zimbabwe gold is being used for transactions, only because it is being mined there, and there is an external market for it. Further, crypto-currencies has just gotten started. Blockchains will replace the entire financial industry. Mish shedlock bitcoin mining street will be a row of empty buildings. I'm pretty sure that interest to bitcoins increase every day among ordinary people.

Even if they don't buy bitcoins yet, but they start talking about them. So in near future bitcoins will rock. Bitcoin is Already Massively Successful. Authors get paid when people like you upvote their post. Great point, i bet that critique clusters nicely over some age hurdle. And we still in the early stages Thanks for the post, good info. Maybe not Bitcoin, But cryptocurrencies will become the norm very soon.

Government Indian Betquin The Indian government is considering a "proposal to introduce its own currency, like the Betquin coin," the Bossines Standard newspaper reported on Saturday. According to close sources: Work on the regulation of digital currency and BTC At the same time, the Indian government is working on a legal framework for the currency of the BTCbitcoin-india.

That sleazy area is the white market with con men looking for marks.

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Today I just checked bitcoinwatch. The Clintons and their minions are in deep, deep trouble. Other blockchain-based businesses will provide less risky returns from normal operations. Here are a few of them. If one thing separately supports the price of Bitcoin, it is probably the exchanges and dominant owners that have a vested interest in seeing widespread adoption become a reality. You were wrong about Trump because you didn't understand the anti-establishment movement. The primary uses for Bitcoin are capital flight and money laundering.

It's created and run by a company called Spotlite, and has licensed the Kodak name. By Mish Shedlock of Mish Talk. It was particularly bad on Thursday, when for several hours in the morning the difference between the price of bitcoin on the exchanges remained thousands of dollars, more than the total price of bitcoin just a few months ago.

The nuances that define a currency and bitcoin crypto from a pyramid scheme are interesting to think about. SGT Mining is your daily source for truth in a time of universal shedlock.

The big concern for these people mish that the wrong people are mining rich - bitcoin Remove Request Block User. There are no deals. Shedlock Did the Media Turn on Mish In addition, hour-to-hour volatility may decline because futures circuit breakers require "time outs". That figure came from the bitcoin energy consumption index, which is updated daily on the cryptocurrency website Digiconomist. The index was developed by Alex de Vries, a year-old consultant for PwC with a background in data and risk analysis who now specializes in blockchain, the technology that underpins bitcoin.

He founded Digiconomist as a hobby in and acknowledges he has no previous experience in energy economics. De Vries stands by his figures. Given what we know about bitcoin mining, he says it is fairly easy to determine the lower bounds of its energy usage. If all bitcoin mining were done on the fastest machines in optimal conditions, he says, it would still consume 13 to 14 terawatt hours. Another flaw is that if and when quantum computers can factor huge prime numbers multiplied together, the whole thing blows up posing other security problems as well.

Finally, if and when it takes more electricity to mine bitcoins than the things are worth, the system will likely break down. We're talking crypto and alt-coins here, if the topic doesn't interest you, please don't hit play, I'll return to regularly scheduled programming shortly.

And according to Klaus Scwab, The Fourth Industrial Revolution will include a range of new technologies that are fusing the physical, digital and biological worlds, and impacting all disciplines, economies, and industries. Think digital money, blockchain, AI and the very real potential of killer robots. Either Steve Bannon has been bought and paid for or he's a man with zero integrity. Because if he's telling the truth, he should have spoken up long ago, not just when it's time to sell some books.

Well, enough is enough. It's time to stand together and demand the prosecution of the REAL criminals, or we will all surely die separately. Loads of Qanon predictions continue to pile up, and in this video we take a look at the latest developments, including airport closures, grounded flights and reports of high value targets being rounded up.

So many of Q's statements appear to be bearing fruit that even investigative journalist is now regularly quoting Q. Based on the growing evidence to date that something strange really IS happening and President Trump's promise to "drain the swamp", this is all shaping up as either the pure fantasy of wishful thinkers, or a dream come true.

It seems that President Trump is making good on his campaign debate promises to "look into Hillary's situation" and his latest Executive Order is a shot across the bow of the Clinton cabal: Hillary Clinton is squarely in Trump's crosshairs now.

After getting a really crappy email from Andy Hoffman out of the blue on Monday, when we haven't spoken to each other since August 16th, I need to get this off my chest. Men's hearts failing them for fear, and for looking after those things which are coming on the earth: Political art illustrator David Dees returns to SGT Report to discuss the ongoing battle between the forces of good and evil on planet earth. Support David by purchasing Vol.

Call it the shining light of truth or just bad karma, but there's something very strange happening to Hillary Clinton, John Podesta and Joe Scarborough. Their corrupt "team" no longer controls the Executive branch OR the narrative, and the tough questions surrounding these corrupt people aren't going away - in fact, it's all just heating up.

It has never been more obvious that the United States - and countries around the world - have a pedo problem. But worse than that, it's a human trafficking problem, a multi-billion dollar dark state BUSINESS that Representative Steve Scalise warned us about before an assassination attempt was made on his life. Sarah Westall joins me to discuss it - and how "what we do to our children, we do to our society".

Do you think Vladimir Putin has forgotten the Bolshevik revolution or the Rothschild hand that was behind it? Under his rule, Christianity has spread throughout Russia like wild fire. What we are now facing is a war that's spiritual in nature. Using that much electricity in a confined space will generate significant heat.

Thus, the total electric load in summer will be much higher than amps. If you are considering investing in a mine, be aware that your return will not be linear.

With each passing day the rate of return slows as the math gets ever more complex for each coin. The geothermal energy and cold weather in Iceland is attracting miners - http: Would govt's and companies be making the investments in energy and mining if it was a fad?

You always confess you don't know what's going to happen in markets, but somehow you know that crypto's are in a bubble. How do you know?

So, where does your confidence come from in understanding the anti-establishment currency? I think putting the Washington power grid to work growing recreational marijuana would be far more profitable. All of the hassles of working outside the normal economy but incredible margins and similar cost structure. Blacklisted you let your passion for Bitcoin cloud common sense. Malinvestment is common in low interest situations just look at housing and student debt.

SweetKenny, my passion is searching for unbiased information that has no agenda. Malinvestment and prudent investment occurs in low and high interest rate environments. Mortgage rates increased from the low in , around 5. Student borrowers typically don't consider the rate. The issue with both RE and student loans is the lack of prudent lending, supported by govt and "overlooked" by regulators. After the financial crisis, banksters pulled in their favors to get a tax-payer funded bailout, and lobbied Clinton to eliminate the ability to expunge student loan debt in bankruptcy.