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  #11  
Old 04-12-17, 10:30 PM
SPS SPS is offline
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Quote:
Originally Posted by NeverBackDown View Post
https://www.investopedia.com/article...t-purposes.asp

Doesn't answer your question but it talks about what I said earlier.

The main difference is that Bitcoin is ASIC run and Ether is algorithm run.
ASIC can be infiltrated more easily and is less secure as a blockchain technology vs Ether. In Ether the algotithm is much more robust and advanced.So Bitcoin is predictable whereas Ether's algorithm is not for each block. A while back there were many reports about Bitcoin being hacked and tokens were stolen and was a massive amount of money. Ether doesn't have that problem. Or at least not yet since it's much harder to crack.
Think you're misinformed. Bitcoin could just change the algo and render ASIC cards useless. They can't be predicted, they have to recreate the blockchain history before a transaction is included in the next block in order to spoof it.

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  #12  
Old 05-12-17, 03:09 PM
GrahamC GrahamC is offline
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Governments WILL control ALL fiscal transaction or make then illegal just a soon as they become big enough to become a revenue drain to tax raising. Doesn't matter how they operate or by what name they are called.
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  #13  
Old 07-12-17, 07:09 AM
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demonking demonking is offline
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Governments will eventually illegalise all de-centralised currencies. Their mates in banking get jealous when money is moving around and they don't make anything on it.......
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  #14  
Old 07-12-17, 07:13 AM
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looz looz is offline
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So tax evasion should just be legalised?
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  #15  
Old 07-12-17, 08:57 AM
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Originally Posted by looz View Post
So tax evasion should just be legalised?
You have to pay capital gains tax on all profit from Bitcoin now, so I'm not sure what you mean.
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