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+--- Thread: you guys do bitcoin or (/showthread.php?tid=757)
RE: you guys do bitcoin or - GeorgeBubbinzInSpace - 06-13-2017
yeah free money ew
don't you drink it's a perfect source of beer money
but for real it is lame and it feels so sketchy thats why im still not really into it
RE: you guys do bitcoin or - Alienator - 06-13-2017
I like beer
RE: you guys do bitcoin or - Kentucky Fried - 06-13-2017
i too like alcoholic beverages
RE: you guys do bitcoin or - risbolla - 06-13-2017
i like mony nd also ponzi schemes
RE: you guys do bitcoin or - GeorgeBubbinzInSpace - 06-13-2017
I too also as well enjoy fermented happy liquid nd mony
RE: you guys do bitcoin or - Tempest - 06-13-2017
bitcoin ain't free money it's almost impossible to mine bitcoin anymore, it would take you years to get any substantial amount
RE: you guys do bitcoin or - grue - 06-13-2017
why is it impossible now
RE: you guys do bitcoin or - Raicuparta - 06-14-2017
the more bitcoin there is, the harder it is to mine
RE: you guys do bitcoin or - Raicuparta - 06-14-2017
and there is a name for smaller numbers 1 bit is like 0.000001 bitcoin or some gay shit like that
RE: you guys do bitcoin or - Raicuparta - 06-14-2017
how come i'm a diabolical egg
RE: you guys do bitcoin or - grue - 06-14-2017
(06-14-2017, 06:06 PM)Raicuparta Wrote: the more bitcoin there is, the harder it is to mine
who determines that? isnt bitcoin mined by having computers decrypt shit or something? what is making the decrypting harder
RE: you guys do bitcoin or - risbolla - 06-14-2017
its magic computer nerd shit so just trust me nd give me ur mony
RE: you guys do bitcoin or - Raicuparta - 06-15-2017
(06-14-2017, 11:17 PM)grue Wrote:(06-14-2017, 06:06 PM)Raicuparta Wrote: the more bitcoin there is, the harder it is to mine
who determines that? isnt bitcoin mined by having computers decrypt shit or something? what is making the decrypting harder
Bitcoin is mined by computers doing the work that makes bitcoin transactions happen (but yeah decrypting shit). The computers that contribute to this are rewarded with fresh new bitcoins that didn't exist before. The decrypting shit is kinda like guessing a password, but it gets more complicated as the chain (the list of all transactions made) becomes longer, so the same computer needs more and more time to do the same work. Also, every 4 years the miner reward gets halved. This is just how they programmed bitcoin, other similar currencies don't do this.
Also there is a maximum amount of bitcoin that can exist ever (21 million I think). So we can't just make new bitcoin forever. When we reach the 21 million, the miners will start getting paid in a percentage of the transactions instead of bitcoin made from thin air.
or i dunno some nerd money shit
RE: you guys do bitcoin or - Raicuparta - 06-15-2017
also ffs guys what have you done
![[Image: x9ijNtQ.png]](http://i.imgur.com/x9ijNtQ.png)
RE: you guys do bitcoin or - Delirious Biznasty - 06-15-2017
(06-14-2017, 06:10 PM)Raicuparta Wrote: how come i'm a diabolical egg
because you don't belong here and never will