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<blockquote data-quote="Guest" data-source="post: 347094"><p>The video is not irrelevant, the point is people have been claiming bitcoin is crashing but over the long term it has been solid. It's good that the hash rate and mining difficult is so high as it increases the cost for an attacker to launch a double spend.</p><p></p><p>Bitcoin isn't meant for buying coffee, so I don't care that people whinge about the cost of a transaction. Go and compare what it costs you to send 100k overseas and bitcoin begins to look really cheap.</p></blockquote><p></p>
[QUOTE="Guest, post: 347094"] The video is not irrelevant, the point is people have been claiming bitcoin is crashing but over the long term it has been solid. It's good that the hash rate and mining difficult is so high as it increases the cost for an attacker to launch a double spend. Bitcoin isn't meant for buying coffee, so I don't care that people whinge about the cost of a transaction. Go and compare what it costs you to send 100k overseas and bitcoin begins to look really cheap. [/QUOTE]
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