Silk Road forums

Discussion => Security => Topic started by: Bungee54 on September 22, 2012, 06:37 pm

Title: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: Bungee54 on September 22, 2012, 06:37 pm
Quote
"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."[31]
— Francisco d'Anconia, Atlas Shrugged
Title: Re: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: Twelve_Pickles on September 22, 2012, 07:02 pm
Quote
"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."[31]
— Francisco d'Anconia, Atlas Shrugged

With all due respect, I tend to be suspicious of anyone who quotes Atlas Shrugged... Far from being true to her philosophy, I've read that Ayn Rand ended up her days on both Social Security and Medicare.

Guru

it shows that even then, very few writers really made any money out of what theyre doing.
Title: Re: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: blowdrobro on September 22, 2012, 07:30 pm
So is this helping stabilize the BTC value?
Title: Re: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: Bungee54 on September 22, 2012, 08:21 pm
Quote
"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."[31]
— Francisco d'Anconia, Atlas Shrugged

With all due respect, I tend to be suspicious of anyone who quotes Atlas Shrugged... Far from being true to her philosophy, I've read that Ayn Rand ended up her days on both Social Security and Medicare.

Guru

We really did not know that , but the focus is not on the messenger here but rather on the message.

But we wanted to state this and will reign in our philosophical views here a bit now..we dont want to get into discussions here or end like that freaky guy over at the bitcoin.org forum ...we just had an flash of excitement while watching the new ecosystem around us grow...

But we will keep the flag up!

Thx for the *wink*  :-X
Title: Re: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: Bungee54 on September 22, 2012, 08:26 pm
So is this helping stabilize the BTC value?

Th emore people use it the less volatile it becomes..still it is very weak against speculators attacks ( a few meager million$ are enough compared to the trillions of the fiat financial system).... But the crypto is already as strong as do withstand attacks costing 100s of millions of dollars in computer power to mount)

And that what we personally are thankful for as it is a pretty big sign for such a young currency.

Feel free to correct any flaws in our knowledge.
Title: Re: TEN MILLION BTC AND COUNTING! Thank you Bitcoin Miners for securing the Network
Post by: Bungee54 on September 22, 2012, 09:05 pm
Quote
"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."[31]
— Francisco d'Anconia, Atlas Shrugged

With all due respect, I tend to be suspicious of anyone who quotes Atlas Shrugged... Far from being true to her philosophy, I've read that Ayn Rand ended up her days on both Social Security and Medicare.

Guru

We really did not know that , but the focus is not on the messenger here but rather on the message.

Fair enough.

But we wanted to state this and will reign in our philosophical views here a bit now..we dont want to get into discussions here or end like that freaky guy over at the bitcoin.org forum ...we just had an flash of excitement while watching the new ecosystem around us grow...

But we will keep the flag up!

Thx for the *wink*  :-X

Please DON'T rein-in your philosophical views nor censor yourself by any means. Feel free to say anything you like. It was never my intent to cause you to do that.

Guru

Sorry we did not really think this was your intention. But you have reminded us that we are here for busines  ::)

Thank you for that.