Tag: reminder

A Reminder That Bitcoin Will Always Be Here

Bitcoin will be here when you die, when you sell, when you buy. The network will live on for you, your children, your children’s children.

It doesn’t matter if the price is $ 5, $ 20, $ 900, $ 500, $ 50,000, $ 10,000, Bitcoin lives on.

Quantum computers? It needs 1500 quantum bits to BARELY affect it. We barely have one that works and it’s only at 50 quantum bits, and sure, they can spend trillions of dollars to even TRY to hurt the Blockchain Network, and we can EASILY just fork it to where it was. Also, a reminder that quantum bits use sodium ions that goes away right after it’s used for ONE calculation, not even going to mention how almost impossible it is to stop the noise of that calculation or the necessity to keep a quantum computer at near 0 degrees when there’s 1500 quantum bits. Also, Bitcoin can have quantum proof algorithms.

Look at all the progress we’ve accomplished this year alone. This is just a beginning.

There are people in EVERY COUNTRY in the world who owns Bitcoin and cryptocurrencies. And this can only grow. Bitcoin is too big to fail. With you, or without you.

submitted by /u/dustincrypto
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Bitcoin – The Currency of the Internet

Just a reminder that Genesis Mining is a total scam. Nobody should ‘invest’ with them.

There isn't a single 'investor' who has ever received a break-even ROI. This is a fact. Everybody who has ever given them money has ended up with less than they gave.

If the price shoots up, sure it feels like you're making gains. But the reality is that if you gave any crypto to Genesis, you will only ever get a fraction of your original crypto back. Not even 100% of the initial investment, let alone profit.

It is a clear ponzi. This company's operational costs are obviously in fiat. They rent IT spaces in various countries, buy servers and graphics cards and netwoking equipment, pay salaries, advertising, travel, etc.

So they're taking all your money in bitcoin and then what? Converting it to Fiat so that they can mine bitcoin again?

Marco Streng is a liar and a fraud.

submitted by /u/ElGuapissimo
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Bitcoin – The Currency of the Internet