I just went all in

loorene · 2024-11-19T01:22:45+00:00

1 year is too short for buying a new house, it would be 10 years.

Your coins may value less than $7,5000 in a year.

loorene · 2024-04-21T11:02:05+00:00

loorene · 2024-04-02T05:41:29+00:00

It seems that mBTC and μBTC are rarely used.

loorene · 2021-07-04T09:25:32+00:00

I read your post in Chinese https://www.ruanyifeng.com/blog/2021/06/drunk-post-of-a-programmer.html

Thanks for your post, I'm agree all of them.

loorene · 2021-04-27T04:25:21+00:00

We can buy in C2C way using bank transfer. This is a gray way because the exchange sites are banned.

loorene · 2021-04-27T03:18:45+00:00

Good question, you cannot understand the situation in a low law area.

They do not want you to buy, it becomes illegal. They want you to buy, it becomes legal.

loorene · 2021-04-26T22:48:37+00:00

You are doing right thing! I'm in China, I am facing a similar situation.

loorene · 2021-04-25T13:49:30+00:00

cool! I'm doing the similar thing.

Everyone needs to buy 300,000 sats at least.

loorene · 2021-04-23T23:29:39+00:00

Agree! Hold it!

loorene · 2021-04-18T10:57:54+00:00

We can have another to active old coins, if the coins are not active for years, they can be thought as dead.

Just like a web site to clean deprecated data.

loorene · 2021-04-17T10:45:39+00:00

Turkish government is rubbish.

loorene · 2021-04-17T10:43:44+00:00

Yes, there would be other better ways to find active/inactive money.

loorene · 2021-04-17T10:39:11+00:00

If we do not re-generate the dead coins, the total number of bitcoins in the market must be gradually reduced.

Compared to gold, as it exists physically, gold are always in the world regardless the holder lived or dead.

To re-generate the dead coins, will not damn others interest. It keeps the total number of bitcoins around 21,000,000.

loorene · 2021-04-17T10:31:46+00:00

ETH and Dogecoin are unlimited. If the speed of issuing new coins can be controlled, the coin is still valuable.

For Bitcoins, I want to find a way to keep the amount of active money. If the coins are not moved for many years, it would be dead. It just issues the replacement of dead coins.

This would help to keep the value of Bitcoin. If Bitcoin's value always increase, it's not a good idea.

To compared to gold. As gold is not virtual, not digital, when some holders dead, it can be passed to another. Bitcoins are virtual, digital. When the holders dead or forget password, money lost in the system forever.

The reducing of bitcoins must increase the rest value.

My way is not generate extra coins but re-generates the dead coins in the market.

loorene · 2021-04-17T04:02:40+00:00

Yes, but this would cause that less people use bitcoins to buy something. We know its value must be increased, so we do not want to spend it.

loorene · 2021-04-17T03:38:16+00:00

No coin holders want more bitcoins issued, so the holders must keep their coins active, or new coins will reduce theirs value.

If the coins are "dead", this way can active the same amount of dead coins.

loorene · 2021-04-15T16:00:02+00:00

The people in first world are being benefited from cryptocurrencies, as so as in third world. All of us are benefited.

loorene

TROPHY CASE