Lets assume that BTC doesn't gain in "value". Only rises because of inflation. Today 580 Year XXXX = 1,000,000 Inflation = 4% 580*1,04^x = 1,000,000 1,04^x=1724 x= ~190 years So in 190 years we will see a price of 1,000,000 USD even if BTC doesn't gain in purchasing power ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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You have no feedback and it appears you have conducted no trades here.
do you have any collateral? if not, then why did you think people would loan to you?
Sorry I don't have collateral. I saw someone giving loans without collateral. There is no reason for me to scam because I would lose more. I really don't think that someone would loan me. I'm just hoping. I can loan you, if you are willing to give your bitcointalk account as collateral.
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my own brother was involved in a Ponzi
He invested $10 with Madoff? he "invested" in Telexfree, biggest pyramid sceme in Brazilian history From the bitterness you display I can only assume more was "invested" than could afford to be lost, if not then with all due respect so what. And if so, erm don't invest more than you can afford to lose. Pretty simple game tbh. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) bitternes? lol read more: https://bitcointalk.org/index.php?topic=393570.msg8124408#msg8124408I read it before and thought your brother sounded like an idiot then in all honesty. Maybe he should look at it as an education, after all they cost money too. Don't you feel back promoting something that is most likely a ponzi? I think you should! All are innocent until proven guilty. Do your own due diligence. It is pretty obvious in this case. It is like a guy with an axe in the hand, covered in blood comes out of a house where a dead body with axe marks lies. Still innocent? Sure there might be a 0.0001% chance he is, but come on...
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What did you guys expect? He sold something that Netflix would never allow, so yeah... obvious.
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You want to *lend
To loan = That you want to give someone 0.03!
No, he wants to *borrow To lend = give someone 0.03 Haha, true story. I suck at english apparently!
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I would send the coins back if I found out someone sent them there per accident.
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Would anyone be interested on mining USD, if it was possible, @ $0.01 per block (scrypt)?
Its easier for the federal bank to print them, 100million a minute... And if the difficulty gets too high, they can just change the blockreward 1000 USD notes will come back :p
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Actually, karma is not real. What we call karma is really a God Who is so absolutely great, that He can react with each of us individually all the time, and all of us at the same time, including knowing EVERYTHING in the whole universe, and holding it all in place. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So you are saying one madeup concept is not true by claiming another one made up concept is?
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You want to *lend
To loan = That you want to give someone 0.03!
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Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.
I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down. Why does a similar price on btc-e and bitstamp mean anything? BTC-e normally has prices $5 to $10 below Bitstamp. Thus, it shows the exchange valuations are a bit out of whack. It essentially means that either Bitstamp is $5 to $10 underpriced or BTC-e is $5 to $10 overpriced. Exactly. But how can jaberwock know that this equilibrium means that prices will rise, instead of fall? He was just saying that it was an imbalance and it was unstable. Then, from there, he was saying he thought it would rise based on general sentiment... he just felt like we had hit a trough and that the bears might be tiring. I don't agree, but it's not unreasonable. Alright, thank you for explaining!
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my own brother was involved in a Ponzi
He invested $10 with Madoff? he "invested" in Telexfree, biggest pyramid sceme in Brazilian history From the bitterness you display I can only assume more was "invested" than could afford to be lost, if not then with all due respect so what. And if so, erm don't invest more than you can afford to lose. Pretty simple game tbh. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) bitternes? lol read more: https://bitcointalk.org/index.php?topic=393570.msg8124408#msg8124408I read it before and thought your brother sounded like an idiot then in all honesty. Maybe he should look at it as an education, after all they cost money too. Don't you feel back promoting something that is most likely a ponzi? I think you should!
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Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.
I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down. Why does a similar price on btc-e and bitstamp mean anything? BTC-e normally has prices $5 to $10 below Bitstamp. Thus, it shows the exchange valuations are a bit out of whack. It essentially means that either Bitstamp is $5 to $10 underpriced or BTC-e is $5 to $10 overpriced. Exactly. But how can jaberwock know that this equilibrium means that prices will rise, instead of fall?
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His computer was most likely infected with malware. If he is still using his PC, tell him to wipe everything and install a fresh OS!
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blockchain.info does go down some times but not very often its pretty reliable and the uptime must be near 99%.
Yes, also it is possibly the best linked node there is. There are times when it has >900 connections!
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Yeah it was an extremely big headline on /r/bitcoin
Lets hope that people will keep donating, so that wikipedia don't kill that option, because the demand is so low.
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Because people don't want every aspect of their lives open for everyone to see.
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Price has been stable at 580. Hard to see it go below 500 with more merchants accepting bitcoin.
I don't see us falling under $500 anytime in the near future. I think we will be above $600 again soon. There are a lot of people here, however, that argue that prices actually go down as more merchants accept BTC btc-e and bitstamp now have almost the same price, meaning it won't hold longer. I guess we will see bitstamp around 620 and btc-e around 600, after the stabilization, since I can't see the price going down. Why does a similar price on btc-e and bitstamp mean anything?
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Why would anyone hold a currency, that is GUARANTEED to depreciate in value. And there is nothing you can do about it, as long as you hold it!
I'd mine the shit out of it then dump it into BTC.
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Username: ShakyhandsBTCer Numner of Posts: 1167 Address: 1HM71pu7p6uHargpwXTKhcAgjUBd6jZR9e
Hope everything is fine!
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IMO this case is too high profile for a judge to grant a dismissal. They are throwing the book at him to make an example so that others won't think about following in his footsteps
People started following in his footsteps within days. Regardless of when/if people followed in his footsteps a judge cannot take this kind of issue into consideration. The only things the judge (and jury can take into consideration are the underlying facts of the case.
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