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I just got a server error. I can't for a second believe the EDF slashdot effect brought it down!!


Though I see that the reason for the Satoshi's current divisibility seems to be because of processor architecture (or more likely os) limitations

https://en.bitcoin.it/wiki/Divisibility_extension

El Pibe Wrote:

-------------------------------------------------------

> I just got a server error. I can't for a second

> believe the EDF slashdot effect brought it down!!

>

> Though I see that the reason for the Satoshi's

> current divisibility seems to be because of

> processor architecture (or more likely os)

> limitations

> https://en.bitcoin.it/wiki/Divisibility_extension


Exactly - like every other currency, it has infinite divisibility - the Satoshi is just a reflection of the limitation in the datatype of current implementations.


"Bitcoin, offers a simple and stylish solution: infinite divisibility"


Why???


"... Bitcoins can be divided up and trade into as small of pieces as one wants, so no matter how valuable Bitcoins become, one can trade them in practical quantities"


From the FAQs of the same source: https://en.bitcoin.it/wiki/FAQ

My partner bought ?70 worth that made ?20 in a couple of weeks then the value dropped again then it went up again. We can spend more on a 'swift half' down the pub, so it's not exactly an investment but you don't need a few hundred quid to just have a go! If you want to make (or lose) serious money then yeah.


Another option is mining - well beyond me but I have a friend who does it successfully: http://qz.com/154877/by-reading-this-page-you-are-mining-bitcoins/

  • 1 month later...

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