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Anonymous
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September 30, 2010, 02:32:04 PM
Last edit: September 11, 2011, 04:51:29 PM by davidonpda
 #1
adg
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 30, 2010, 03:01:50 PM
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Good incentive to continue developing. Smiley But he wasn't the only one generating. I started generating in Spring 2009, and the number of connections was around 2-10 at that time.
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September 30, 2010, 03:17:09 PM
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If the early adopters have a lot of bitcoins, I don't see anything wrong with it.
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September 30, 2010, 07:27:41 PM
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Quote from: ribuck on September 30, 2010, 06:40:48 PM
Quote from: grondilu on September 30, 2010, 06:34:03 PM
I hope that doesn't mean he found a vulnerability in the system.
Why would it mean a vulnerability? There are lots of reasons to sell BTC (and anyway we don't know that these are Satoshi's sales).

One reason to sell BTC would be to bring in some money to help pay the electricity bill. Another reason to sell BTC would be to get more of the bitcoins "out there" for other people to be doing interesting stuff with. Or even just to help the fledgeling exchange to get started.

indeed, makes sense.
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Anonymous
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October 01, 2010, 06:09:17 AM
 #5
Quote from: davidonpda on September 30, 2010, 10:54:36 PM
I haven't been here since early 2009, and but I was one of those 10,000 sales. I saved up... and sold them all at a time.... SHORTLY before the market went up 10 times in price lol. I felt a little silly Cheesy I got $50 and was happy, the next week I was pretty sad haha.

Someone bought a pizza for 10 000 lol
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