What if they just wanted to destroy the network? Say some organization didn't like the idea of anonymous money, and just wanted to make it impossible to continue to operate.
Then yes they can do that. |
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Looks like China hit $32.72 on btcnCNY and bitstampUSD even hit $32.
If this is true, then it is record  |
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Robert Wenzel:
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Anyone using bitcoins in a transaction is converting bitcoin values in their head to dollars.
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If people ever stop the calculation from bitcoins into dollars and just start thinking in terms of bitcoin buying power, then it would become money.
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Everytime I use dollars in a transaction I'm converting dollar values in my head to euros. Do I need to stop calculating and just start thinking in terms of dollar buying power for the dollar to become money? This I was going to say exactly the same thing. |
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Factor in the impending crash of the bubble.
What do you mean? I think he means because so many people are mining, there will be more coins and thus less cost per coin. The explosion of miners will significantly decrease the value of the bitcoin. The bitcoin is growing in popularity though, so it could be more profitable so long as the demand continues to rise. Tons of bullshit. Are you trolling or what? |
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Great news |
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It's easy, you send dollars there, someone sent bitcoins there and want to sell them, and you buy. The exchange is a platform to do that and it is safe
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I undrstand a limit only as anti-flood measure, except that, miners should decide what transactions include or not in a block and not be forced to not include some transactions due to a limit. Ok, if someone spam a million of transactions then the limit will save us from that, but, considering the normal transaction rate, the limit should allow the miners to include all the normal transaction (if on average there are for example 2000 transactions per block, we need a limit that allow us to include at least them)
This "scarcity" thing doesn't make sense, the limit artificially impose the scarcity to miners, they can't decide to include only transactions profitable for them, they would be forced to include only some and discard the others, even if the fee is ok. If millions of people start to use bitcoin, the limit should allow them all to make transactions.
Note that we will also need a blockchain pruning system, even without raising the limit, if we somehow hit the 1MB limit, the chain will grow at 55GB per year rate. So, modifying or not the limit, we need a pruning system.
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I know it for sure, it's stayed under $30 for 2 days now.
Now it's staying under $30 again. I have to agree now after this reinforcing repetition: We'll never going to break $30. 30 right now |
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Ahh the power to mine (money) now in fewer and fewer hands just like every bank. And people think ASIC is good for BTC.
I am with you Mate. Will be like a few big banks playing Ping Pong with all the coins shortly. Aahhh the greedy people raging that they no more can become rich with their computer. |
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And where is this massive crash? It is 29.8 now.
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we are among many other large countries in the same boat Yes, the Titanic  unsinkable. |
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Do you think spending, say, $150,000 on ASIC manufacturing for Bit Coin mining is worth it? Ahahahahahah This guy doesn't know that people already designed and manufactured ASICs and started mining with them. Don't you love people who comment without even knowing the simplest fact? |
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Life always leads to death. Birth leads to life. Parents give birth. Ergo parents are murderers of their biological children.
Pure logic.
Prove me wrong
You're right lets just stop having babies. Thats better right? Letting the human species go extinct? Right? Thats a better option. Right?... Guys? Right? Explain me how does making the human specie continue matter for you. |
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Call me when bitcoin price drop to 0.
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SHA-2 is older and yet, it has not been cracked, despite everyone in the world trying do to that because it is used by everyone.
This SHA-3 is new, much less tested and with much less people trying to break it (any bank that use it yet? Nah)
Right now SHA-2 is safer.
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Why do people sell like stupid? Just because the price is comming to 30 usd?? There is no barrier... just the one in minds of weak people...
Ssssshht, they are selling cheap bitcoins, we should be happy, cheap bitcoins for us! |
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scam detected |
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what if i started publicly displaying IP of visitors to my pron site would that be cool?
I vote take down IP...
Nonsense, bitcoin relayed transaction display the IP. So you vote take down bitcoin? Good luck |
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