"Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised (user search)
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  "Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised (search mode)
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Author Topic: "Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised  (Read 9235 times)
Vosem
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Posts: 15,641
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Political Matrix
E: 8.13, S: -6.09
« on: April 25, 2021, 02:49:10 AM »
Quote from: The Mikado on June 19, 2011, 03:13:33 PM
And...Bitcoin loses 93% of its remaining value today.



Today Bitcoin is worth almost exactly 50 million times what it was worth when you made this post, though it is quite a ways off from recent highs.


hahahaha
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Vosem
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*****
Posts: 15,641
United States


Political Matrix
E: 8.13, S: -6.09
« Reply #1 on: June 16, 2021, 10:46:45 AM »
Quote from: PSOL on June 16, 2021, 09:41:34 AM
So the prices are rising again due to Musk working on providing less energy-intensive transactions. Why this was not done or thought about previously, and why he made a quick and careless decision in the first place wiping off millions of speculation is a testament to his poor management style.

Functioning blockchains using proof of stake rather than proof of work date back all the way to 2012; none of this is new information.
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