Network difficulty up 1.88% in last adjustment before halving! _ bitcoin bitcoin value 2011

Bitcoin is the currency of the internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With bitcoin, you can be your own bank.

If you are new to bitcoin, check out we use coins and bitcoin.Org. You can also explore the bitcoin wiki:

• don’t invest recklessly

• getting started

• FAQ / wiki

• resources

• common myths

• how to buy bitcoins worldwide

• bitcoin as a medium of exchange

• will I earn money by mining bitcoin?

• bitcoin as an investment

• storing bitcoins

• well-kept gardens die by pacifism

• A cypherpunk’s manifesto

Community guidelines

• do not use URL shortening services: always submit the real link.Bitcoin value 2011

• begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy.

• news articles that do not contain the word bitcoin are usually off-topic. This subreddit is not about general financial news.

• submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/cryptocurrency is a good place to discuss all cryptocurrencies.

• promotion of client software which attempts to alter the bitcoin protocol without overwhelming consensus is not permitted.

• no referral links in submissions.

• no compilations of free bitcoin sites.

• trades should usually not be advertised here.Bitcoin value 2011 for example, submissions like buying 100 BTC or selling my computer for bitcoins do not belong here. /r/bitcoin is primarily for news and discussion.

• please avoid repetition — /r/bitcoin is a subreddit devoted to new information and discussion about bitcoin and its ecosystem. New merchants are welcome to announce their services for bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider reddit’s self-serve advertising system.

• do not post your bitcoin address unless someone explicitly asks you to.

• be aware that twitter, etc. Is full of impersonation.

Related communities

Sorted roughly by decreasing popularity.

• bitcoin beginners

• local bitcoin communities

bitcoin value 2011

• bitcoinmarkets

• bitcoinairdrops

• bitcoinmining

• bitcointaxes [ cryptotax]

• jobs4bitcoin

• girls gone bitcoin (NSFW)

• cryptomarkets

• bitmarket

• bitcoindiscussion

• bitcointechnology

• best of crypto

• [more]

Non-bitcoin communities

• technology

• economics

• crypto

• anarcho-capitalism

• cryptocurrency

• cryptoanarchy

• [more]

Join us on IRC

Chat.Freenode.Net #bitcoin other bitcoin sites

Bitcoin forum bitcoin google+ community bitcoin stack exchange bitcoin magazine download bitcoin core

Bitcoin core is the backbone of the bitcoin network. Almost all bitcoin wallets rely on bitcoin core in one way or another. If you have a fairly powerful computer that is almost always online, you can help the network by running bitcoin core. You can also use bitcoin core as a very secure bitcoin wallet.

• latest stable version: 0.15.1 (november 2017) [ bittorrent]

bitcoin value 2011

• release announcement

• you MUST verify the integrity of this software before running it.

Style sheet credits

The CSS used by this subreddit is the erdune theme modified by /u/annihilia and /u/konkedas. Logo design by /u/annihilia. Check out his other work here.

Ad campaign:

We previously collected donations to fund bitcoin advertising efforts, but we no longer accept donations. The funds already donated will be spent on some sort of advertising, as intended. As of now, 10.35799117 BTC was spent out of 22.51357574. If you have ideas for the remaining BTC, see here for more info.

In bitcoins current state sure that may not be a big deal, but if it were more of a backbone to society which everyone seems to want, that would be a huge problem. Disrupting global economy for even a partial day would be problematic, and i doubt that a solution would be found within 24 hours.Bitcoin value 2011 it would take time for new hardware to come online. Your fastest option would be developers somehow blocking the attacking miners, but how would they isolate them?

I am not a big fan of developers tampering with the system in that way. The system would need to auto correct. Also, assuming the 70% drops off and enough time goes by that the difficulty goes down, then the 70% powers back up, blocks would be found much faster than 10 minutes no? That would give the attacker a decent good advantage to maybe fork the blockchain to their advantage.

Why anyone would want to do it other than to be a tool i don’t know, esp as you say, you have to spend quite a bit of money to do it, but it maybe worth it to some organizations. Maybe they pool funds so its less on one group and spreads the cost out to all their mutual benefit.Bitcoin value 2011

• permalink

• embed

• save

• give gold