http://payb.tc/firefox


done


also im finally jr member status.. its amazing how long 4 hours is when you only browse a little everyday

gold for the most part was not made from lead




and about value of BC...  right now there is something like 6ish million and only 21million will be created by 2032
the if your asking total value then its all BC's in circulation times the amount per coin

total amount per coin is the total amount of all bitcoins divided by the total money value of all bitcoins

you guys could play the market so hard right now.


1- buy a bunch of bitcoins for a high price( which sets the bar high)
2- sell your newly bought bitcoins to everyone else who comes to buy based on the uptick.
3- Profit???

gambling for sure but if you had enough money to gamble, the stakes are low imo.

i understand the bitcoin... its digital not phsyical
its basically a digital piece of cash.  and in real life i can't cut up a 1000$ bill and distribute it in pieces.

 as i understand it,  the software, that back checks the entire transaction history, only understands a full single bitcoin.






when i transfer bitcoins into my e-wallet... the smallest amount i can transfer is 1 full bitcoin.  if that coin is worth 1000$ and i buy 1000 small things for $1 each,  how does the system know how to distribute the original 1 full bitcoin to a 1000 different people without a "centralized" agency that holds coins.

New here...  awesome thing you guys have going on here.

i have a ?
With the way the market is for these coins.  what happens when the price hits, say, 1000 usd per coin.(even at 20$ each this is somewhat a problem?)

how do we send a part of a coin for a cup of coffee if you can only transfer a single whole coin?


As i understand it, one can only transfer a full coin so the software can recognize it as being transferred. Does the system have the capability to recognize a part of a coin in its "puzzle" of checking the block chain?


and if it doesn't have that capability how do we govern how .01 coin is distributed.  the only way i see this happening long term is a semi-centralized agency that holds tons of coins so that coins can be partially distributed without breaking the code. 

basically if i hold .1 coin i don't actually have the coin.  i own .1 of someone else's full coin.
or another way i see it,  if we only had $1000 bills how do i spend 1$ worth of that 1000?