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Brain Wallet Challenges

**Bitcoin Brain Wallet Challenges** - Earn Bitcoin! Challenges provide a Bitcoin Bounty held in a Wallet secured by a guessable passphrase. Each challenge has a set category and a set number of hints. Hints must be purchased, but a portion of all hint fees are added to the Bounty!
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VegasCoin

VegasCoin the Las Vegas Cryptocurrency just like bitcoin, litecoin and most like Auroracoin, but for Las Vegas, Nevada.
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I propose the following milestone: BitGold Day = the day the value of one bitcoin equals the value of one ounce of gold.

This will be a hugely significant event in the history of Bitcoin and no doubt will get widespread coverage by the media.
It will point out even more clearly Bitcoin's permanance, durability and acceptance.
submitted by georedd to Bitcoin [link] [comments]

One bitcoin equals one ounce of gold

Sounds stupid but what if the speculative volatility of bitcoin tied itself to the speculative volatility of gold? It would bypass the issue of banks and countries scrambling to deny bitcoin's existence and provide instant access to financial markets through gold trading. The relative stability would lend credibility to the bitcoin infrastructure and encourage participation. As bitcoin gains the momentum it deserves, the fiat-currency disaster that is our global financial system might eventually be pulled back into a gold-based (i.e. limited resource asset, Bretton Woods), non-inflationary, and accountable infrastructure. The gold price would likely soar, but it would be out of reach of the manipulative hold that the US government has maintained on its price for many years. Countries would eventually be drawn (kicking and screaming) into a valuation for their currencies based on a non-manipulated bitcoin standard. The world needs a smooth transition away from the existing bogus financial infrastructure to avoid collapse. The value of country currencies would be set through bitcoin international trade and the activity of gold in established market systems, just like the old days. I don't know, just sayin'...
submitted by bitreports to Bitcoin [link] [comments]

How many seconds of human life is a satoshi worth?

This is a fun question to ponder.
Here's one approach to an answer (there are, of course, many others). Note: I work with the human population as it currently is, and the current global human average lifespan as starting points. This therefore doesn't account for growth in human population, nor for possible growth in possible average lifespan, because as in the movie "In Time" lifespan is determined by money, and with BTC, we are talking about a bounded monetary system, and thus a bounded number of total "human life seconds" possible within an ecosystem. (Sidenote: This means that--if such a "pay by the second of life" system were ever implemented--BTC would be a perfect form of population control. Interesting. Hadn't thought of that before).
So. Here goes:
Today, the average global human lifespan is 72.6 years. [source]. Call it 72 years.
With the (approx) human population of 8 billion, that is a total of 576 billion human life years lived, assuming all 8 billion people live the average lifespan, and no new people are added to the equation. (ie: 8bn x 72 years)
This is a total of 210,240,000,000,000 human life days. (ie: 576bn x 365)
For a total of 5,045,760,000,000,000 human life hours. (ie: human life days x 24)
For a total of 302,745,600,000,000,000 human life minutes. (ie: human life hours x 60)
For a total of 18,164,736,000,000,000,000 human life seconds (ie: human life minutes x 60)
If each of these seconds had to be purchased with a finite amount of available money (ie: BTC is bound to 21M coins, but approx. 4M are lost, so call it 17M coins, eventually), it would look like this:
17M bitcoins = 1,700,000,000,000,000 total satoshi available.
Divide this into the total number of human life seconds: and we get:
1 Satoshi = 10,685 seconds = 178 minutes = 2.96 hours.
1 Bitcoin = 1,068,500,000,000 seconds = 17,808,333,333 minutes = 296,805,555 hours = 12,366,898 days = 33,881 years.
So. Ownership of one bitcoin equals a long fucking life. Congratulations. Owning one BTC puts you in the METH category.
(Somebody else check my math).

Note: I originally posted this as a response here.
submitted by Kinolva to Bitcoin [link] [comments]

We need a new Bitcoin fork map that treats all forks equals. There are too many Core deceptive ones circulating.

We need a new Bitcoin fork map that treats all forks equals. There are too many Core deceptive ones circulating. submitted by Egon_1 to btc [link] [comments]

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal.

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal. submitted by Crypto-Guide to Bitcoin [link] [comments]

Why i Enjin Coin will be one of the biggest Coins in the next 5-20 years and possibly equal Bitcoin or Surpass it

Gamers have money to spend
Gamers have extra items they want to sell
Youtube + Enjin just equals more money for youtube gamers
Youtube + Enjin makes crypto available to all and most likely the new generation
Youtubers main audience is the younger generation, if you start showing little kids how to use enjin coin to make money that shit is gonna blow up when they actually start working
This is all the DD i need
submitted by rawrtherapy to CryptoCurrency [link] [comments]

04-07 04:04 - 'How many bitcorns does it take to equal one whole buttcob?' (self.Bitcoin) by /u/RonTurkey removed from /r/Bitcoin within 28-38min

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Looking to buy a couple full buttcobs. And, is bitcorns the same as US dollars?
'''
How many bitcorns does it take to equal one whole buttcob?
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Author: RonTurkey
submitted by removalbot to removalbot [link] [comments]

Do y’all ever think that one Satoshi (0.00000001 bitcoin) will eventually equal $1.00?

Any thought?
submitted by DasGirg to Bitcoin [link] [comments]

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal.

How robust is your 24 word seed backup. Is it just written on paper, in pen, in one location? Could a leak in your roof, fire or something more dramatic wipe our your entire Bitcoin stash? Metal seed backups are great, there are an increasing number of options, but they aren't all created equal. submitted by Crypto-Guide to keepkey [link] [comments]

"One Dollar or One Bitcoin | College Students Asked What They Would Accept" the comments are chockful of buttcoin delusionals. One comment even said that 1 BTC will equal $1M soon.

submitted by Pantomchap to Buttcoin [link] [comments]

I think based on watching this place that more people lose their bitcoin because of the extreme security measures they take that then lock them out than any other reason. You need to spread the risk of loss.

Get several paper wallets and hide them separately to divide your risk of losing it all. Put some of your bitcoin in some of those.
Or at least copy and paste some addresses and private keys in separate groups several different places .
Not all in one place.
I think based on watching this place that more people lose their bitcoin because of the extreme security measures they take that then lock them out than any other reason.
You need to spread the risk of loss.
Remember if you keep it all together you increase the risk of loss of all your bitcoin from one mistake or theft or accident.
If you keep all together in several copies in several places you increase the risk of discovery theft and total loss but decresse the risk of total loss from destruction of one cache.
If you keep several partial caches several places you make it virtually impossible to lose everything while possibly increasing the risk of loss of some.
As values are expected to continue to rise its crazy for most people to keep it all of their coin in one place.
Your little stash today may be worth a lot when bitcoin marketcap is the same as gold and one bitcoin equals $330,00.
Its also better to separate your stash now than when you have a lot of money on one old phone and are scared to touch it becuase it is worth so much.
Also when moving coin never ever send the whole amount to a firdttime address . Always send a test amount and ensure your private key for that new address works by moving some out. Then and only then send a large amount.
Also never do all your moving around at one sitting. Never do it rapidly ina formulaic routine way where you can make the same mistake 5 times before realizing you had the caps lock on or something.
Move some one day.
Then move some another day.
never move coins in a hurry or after drinking or in dim light or with low batteries.
Dont keep it all in paper wallets.
Keep some in a trezor maybe.
Maybe some in a passworded encrypted 7zp file full of other nonesense files in the cloud or on a sdcard. (dont have only one password protected file anywhere.)
Never use the word bitcoin or password or private key or wallet.dat in the file anywhere or in the file name.
The enemy of a hacker is 30 encrytped files fulll of fifty nonsense files and one good one all named soemthing normal. By the time they figure it out you can have moved your coins other addresses they dont have.
If a theft sees a trezor they know what it is.
Some people have engrsved encoded info such as altered privatekeys on stainless steel tags etc and buried them. That seems clevef as it protectsfrom fire but if found cant be used by others. You can engrsve pet tags st mostpet stores. Never used unaltered private keys because machines likely store everything they ever wrote like commercial copiers do.
Also remember to create a means for yourself to find your stuff if you lose your memory. Perhsos a reminder email in the future of a location or password clue.
Remember to make a will and somehow leave a method for those you care about to have access to your stuff but be very careful of relatives. It is unfair to give a relative a large temptation. A sealed note with a lawyer to be gicen at your will resding with a location clue that only the relative will know the meaning of might be a way. No i wouldnt give open adress private keys to a lawyer. Even if you trust the lawyer they could have a cleaning person thststeals it and no one coukd ever find out who got them.
Check your public addresses on the blockchain every once in a while to make sure you havent lost your bitcoin in anyof your caches... Especially before a large purchase.
Never throw away old phones or computers or copiers or printers that ever had substantial amounts of coin or all your addresses on them.burn the storage medium beyond recognition and recovery.
None of it matters with our little stash today until ten years from now when it has grown to a large value.
Its best to establish good practices now. The $200 partial coin you treat carelessly todsy will be the one you wish you had used several methods to divide and protect it in a few years when you have forgotten everything.
Edit: (bitaddress.org is a place to get some paper wallets. Choose bulk wallet and you'll get a list of public and matchedprivate addresses you can use that dont look as conspicuous.)
Also Old phones with wallets can have permanent battery failure. Many wont turn on even when plugged with bad batteries and some are hard to replace. .
submitted by azzazaz to Bitcoin [link] [comments]

Satoshi - the smallest monetary unit in the Bitcoin digital payment system, equal to one hundred millionth of a Bitcoin. Many words have come from personal names: sandwich, hooligan, Maecenas & many other. But when you are a witness to this language evolution yourself, it feels brand new😱!

submitted by CharlottaJane to NinjaPromo [link] [comments]

10-08 00:23 - 'Nodes provide nothing to the network. They simply relay transactions to other miners, who can relay them just as easily to one another without the nodes. / Fewer miners does not equal more decentralization. It just means...' by /u/juliushenkin removed from /r/Bitcoin within 145-155min

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Nodes provide nothing to the network. They simply relay transactions to other miners, who can relay them just as easily to one another without the nodes.
Fewer miners does not equal more decentralization. It just means there will be less hashpower. Bitcoin had much less hashpower 6 years ago but was still very decentralized and secure.
'''
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Author: juliushenkin
submitted by removalbot to removalbot [link] [comments]

09-05 13:13 - 'Embrace Bitcoin, short the dollar!! ⁠Celebrate the fact that the value of one dollar is now equal to 0.000099 BTC' (i.redd.it) by /u/ginete_tech removed from /r/Bitcoin within 64-74min

Embrace Bitcoin, short the dollar!! ⁠Celebrate the fact that the value of one dollar is now equal to 0.000099 BTC
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Author: ginete_tech
submitted by removalbot to removalbot [link] [comments]

A Haiku

One bitcoin equals Eleven thousand U S On this blessed day
submitted by digitalstorm to Bitcoin [link] [comments]

Is gold can be traded virtually? The superiority must be major among equal components, however, Gold and Bitcoin are two different digital assets with the individual feature which can’t be compared with one another.

Is gold can be traded virtually? The superiority must be major among equal components, however, Gold and Bitcoin are two different digital assets with the individual feature which can’t be compared with one another. submitted by Cbanx_CryptoExchange to CryptoMarkets [link] [comments]

NEW PROPOSAL TO FIX BITCOIN -- we vote

Right now we all know Segwit is never ever happening unless we go a different route. This is my proposal to do so.
In Bitcoin Core 15.0 we build a new option. Non-binding, but its a voting system. If you have one bitcoin you get one vote. You would have to build so that places like Coinbase could then offer it to their customers so a two or three level system.
Non-binding voting. At first the vote changes nothing. We just vote to vote.
One Bitcoin equals one vote. All votes are etched into the blockchain forever, and no one can ever be allowed to revote. We would charge 10mBTC (about $10) to put forward a proposal to avoid spam and ensure real proposals.
We start to vote on issues and find out what the people that matter think about Bitcoin. This would also cause people to want to hold to have more votes. It would cause people to want to buy up "to the next Bitcoin" If you have 5.8 BTC you get 5 votes. Need 6 full bitcoins for vote to count 6 times.
Maybe this comes to something, maybe nothing but at least we could see what the community wants without all the noise and pain. "Should we enact Segwit yes or no?" and we see the vote. 16 million possible votes. Let's see how it turns out.
After this BU disaster, even people like me that were somewhat open to ANYTHING that would fix Bitcoin have come to realize that BU is a dead duck. Core is our future like or not. I won't be close minded and I will continue to listen to all new proposals. But this could be our solution.
This voting information would really help Core to make better decisions in the future as well. Core is scared of debate and want full consensus. Let's give it to them. Once 97.3% say yes, maybe the resistance of the miners will be able to be overcome.
(Another bonus, upon even hearing of this non-binding system getting enacted, the price of Bitcoin will skyrocket once the community finds out we're able to do SOMETHING to move in a different direction)
submitted by Pink-Fish to Bitcoin [link] [comments]

Proposal to fix Bitcoin --- WE VOTE

Right now we all know change is never ever happening unless we go a different route. This is my proposal to do so.
In Bitcoin Core 15.0 we build a new option. Non-binding, but its a voting system. If you have one bitcoin you get one vote. You would have to build so that places like Coinbase could then offer it to their customers so a two or three level system.
Non-binding voting. At first the vote changes nothing. We just vote to vote.
One Bitcoin equals one vote. All votes are etched into the blockchain forever, and no one can ever be allowed to revote. We would charge 10mBTC (about $10) to put forward a proposal to avoid spam and ensure real proposals.
We start to vote on issues and find out what the people that matter think about Bitcoin. This would also cause people to want to hold to have more votes. It would cause people to want to buy up "to the next Bitcoin" If you have 5.8 BTC you get 5 votes. Need 6 full bitcoins for vote to count 6 times.
Maybe this comes to something, maybe nothing but at least we could see what the community wants without all the noise and pain. "Should we enact Segwit yes or no?" and we see the vote. 16 million possible votes. Let's see how it turns out.
After this BU disaster with the bug, many people that were super open to BU like myself are feeling like giving up. Right now Bitcoin is Core like or not. Maybe can change this in the future, or maybe Bitcoin will die, but Core is what we got right now.
This voting information would really help Core to make better decisions in the future as well. Core is scared of debate and will not ever improve Bitcoin unless we force them. Let's force them. Once 97.3% of coinholders say yes, maybe the resistance of the miners will be able to be overcome.
(Another bonus, upon even hearing of this non-binding system getting enacted, the price of Bitcoin will skyrocket once the community finds out we're able to do SOMETHING to move in a different direction)
submitted by Pink-Fish to btc [link] [comments]

Will one doge always equal one bitcoin?

New here. Seems like doge is superior to bitcoin.....
submitted by Zahurrrel1 to dogecoin [link] [comments]

02-24 21:23 - 'One Bitcoin will be priced at $67,193 when the composite value of Bitcoin (at 21 MM mined) equals the value of the 33k tonnes of Gold held by the world's central banks' (twitter.com) by /u/vftimes removed from /r/Bitcoin within 0-4min

One Bitcoin will be priced at $67,193 when the composite value of Bitcoin (at 21 MM mined) equals the value of the 33k tonnes of Gold held by the world's central banks
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Author: vftimes
submitted by removalbot to removalbot [link] [comments]

Core should consider a 2X upgrade. It would compete with BCH, stop a lot of in fighting and is not a major change. This could result in a more united bitcoin community .Also I now hold equal amounts of BTC and BCH in case one chain wins.

submitted by donduck to Bitcoin [link] [comments]

+7 John McAfee Affirms One Bitcoin Will Equal a Million Dollars Before The End of 2020 $BTC #bitcoin #XBT https://t.co/Wu9L4vNzQZ - Crypto Dynamic Info - Whales's

Posted at: February 23, 2019 at 12:13AM
By:
+7 John McAfee Affirms One Bitcoin Will Equal a Million Dollars Before The End of 2020 $BTC #bitcoin #XBT https://t.co/Wu9L4vNzQZ
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Join Telegram Channel for FREE Crypto Bot: Crypto Signal
submitted by cryptotradingbot to cryptobots [link] [comments]

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