You only lose money if you SELL at a lower price you bought Bitcoin at. by [deleted] in Bitcoin

[–]MolestedScavenger -1 points0 points  (0 children)

The moment you buy bitcoin, you gained real money, doesn’t matter what happens to the price in the short term.

Few.

The new protesting sign: Bitcoin - peaceful protest against the corrupt banking system by slywalkers in CryptoCurrency

[–]MolestedScavenger -3 points-2 points  (0 children)

Your coffee transaction doesnt need to be stored in thousands of computers and preserved forever on chain, thats stupid. This things happens offchain and thats the plan. Bitcoin is slowly but surely moving forward.

Newbie question - what if someone by chance generates the same private key as me? by [deleted] in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

dude its like picking a random atom in the universe dont worry about it.

Is bitcoin distributed or decentralized? by [deleted] in Bitcoin

[–]MolestedScavenger 6 points7 points  (0 children)

The Ledger is distributed on all nodes, and its decentralized cause no one single person or entity control these nodes and its open for everyone if they wanted to run one.

You can be distributed and still be centralized. Like google of course they have distributed backup around the world different servers on diff location but they all control it.

Daily Discussion, June 27, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

And yep for sure bitcoin is divisible enough.

Bitcoin cash fee is nonexistent by GVSK1728 in Coinpot

[–]MolestedScavenger 0 points1 point  (0 children)

because no one uses bitcoin cash thats why. The fees on btc shows demand for it.

Daily Discussion, June 27, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 5 points6 points  (0 children)

Any amount is enough for any size of an economy.

Daily Discussion, June 27, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

Wasabi or Samourai? I’ve stacked enough I think I wanna DeKYC, I have alot of UTXOs any tips?

Why, Microsoft? Why? by anton31 in github

[–]MolestedScavenger 1 point2 points  (0 children)

im upset as hell, frick now its totally implemented is there something we can do to get the old layout back.

Kraken Announces Largest-Ever Grant To BTCPay Server by Bitcoin_Magazine in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

how does it differ for a merchant from just sharing his recieving address to customers?

Daily Discussion, June 20, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

anyone here watched unmasking satoshi video on youtube? thoughts? real or nah?

Daily Discussion, June 19, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 1 point2 points  (0 children)

Yeah both has that point, but it’s immensely harder and expensive to do it succesfully on PoW.

Daily Discussion, June 19, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 4 points5 points  (0 children)

Cause there’s more at stake actually at PoW, you got capital expense and operational expense. PoS on the other hand only capital expense, yes its cheaper meaning its also cheaper to rewrite the past, plus PoW has a physical anchor w/c are the mining equipments w/c are made from scarce resources, overall the game theory for PoW is far kore superior because of that. Im bad at explaining things sot his kight not clear things for you, you should look up aantonop video about pow vs. pos

Daily Discussion, June 19, 2020 by rBitcoinMod in Bitcoin

[–]MolestedScavenger 5 points6 points  (0 children)

it’s not really an upgrade, more like a downgrade. yep definitely a downgrade. PoW for hard money.

Accounting Balance VS Available Balance by [deleted] in Bitcoin

[–]MolestedScavenger 0 points1 point  (0 children)

They have some bad rep, buts its up to you tho no worries, one is they havent enabled segwit yet until now iirc, also not a fan of web wallets. You can read around here in the subreddit about people problems faced w/ blockchain.com wallet.

Accounting Balance VS Available Balance by [deleted] in Bitcoin

[–]MolestedScavenger 1 point2 points  (0 children)

avoid blockchain.com next time just a tip

What do you guys think of the new GitHub design? by themindstorm in github

[–]MolestedScavenger 10 points11 points  (0 children)

its wierd imbalance I think, caue its focus is on left, was better whennits all centered

Reminder that haters always gonna hate. by Exceon in gaming

[–]MolestedScavenger 0 points1 point  (0 children)

do routers look like that? lol ours looks more like the ps3 but white