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re: Are bitcoins dead? WIKI Where u at?

Posted on 1/19/16 at 9:40 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 1/19/16 at 9:40 pm to
I pointed out several of the issues discussed in the article. I was laughed at by Wiki and Josh as a know nothing when I pointed out that the system had a limited capacity to process transactions in a timely manner and that miners would eventually require compensation for performing the computations necessary to verify transactions in order for them to be economically viable.

I wonder when we'll see some other the Bitcoin believers come clean about the economic results of their Bitcoin activities? Where are all of the mining magnates and speculator tycoons these days? I'm sure not a one of them lost any money.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167487 posts
Posted on 1/20/16 at 9:16 am to
quote:

Where are all of the mining magnates and speculator tycoons these days? I'm sure not a one of them lost any money.


I have a gaming computer that I would let mine when not in use. I quit when it stopped making sense to do so. Care to tell me how I lost money?
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