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I know there are some people here that are VERY opposed to the current bank system. How do you feel about MtGox creating redeemable codes. Do you think the will become to bitcoins, what notes were to gold?
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i think i will tottally sell in a few hours. already lost 25%...
until you did not sell you lost nothing at all. i'm using the chance to buy in again. which lowers my avarage btc price. I guess I should cheer you for paying my wage |
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FUCK I hate mtgox. It lags like hell and then suddenly price has jumped. Itsnt te first time either. FUCK!
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Learned about it last summer. Did some hobby mining (~10h) but didn't get any BTC. People said it barely paid for electricity. Come back this summer at about ~20. Miss 32 peak waiting for deposit. Cash reaches account at about 20 but this time going down. Made a nice profit taking short term positions. Still some money in coins, but still overall+.
Feelsokpony
EDIT: Tradehill seems to be recovering.
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I have a simpler method than the netbook one, almost as safe. Make yourself a lot of wallets, with a fixed amount per wallet. Whenever you need to buy something, unencrypt the first wallet, send btc. Then proceed with the others. In this way, you can only lose one wallets worth.
Another advantage, which of course could also be gotten by with multiple addresses in a single wallet, is that your holdings wont stand out in block explorer (could potentially make you a target)
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Some ideas:
blitcoin
batcoin
botcoin
bitcain
hitcoin
baitcoin
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You have some way of acquiring Iphone 4 s below market price, and resell them for BTC. Amirite?
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If I remember correctly, it was the default bitcoin client, i.e. the one downloaded from this site.
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Its is very simple OP. People wanting to with bitcoins want to do it because of the coolness, and ideological reasons. This means that they probably wont mind a mark up high enough to cover your currency risk plus some extra
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I think people who registered during 2010 should be exempt  |
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http://delimiter.com.au/2011/06/12/paypal-chief-hits-australia-wants-pos-payments/They are apparently working on three mechanisms, one being through a cell phone, and two being secret. Is there anyone out there doing a cell phone transfer mechanism? I can think of two possibilites for making this, one being more viable, and the other one being more in line with the ideology of bitcoin. The first one is that you interface with (or create an) exchange like mtgox. Payments would be instant but there would be a single point of failure. That other is that you run bitcoind, either on your phone or your home computer. Shopkeepers could potentially accept payment after just one block, since a low but existant scam rate could probably be tolerated. For really high value items it would probably be too insecure, and waiting would be too slow.
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I can own the market with my screen turned off
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You should have to do some proof of work before you post  Do you know where I can buy forumcoins?  |
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Floating point issues: Well, then just denominate in bitcents or millibits?
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Doing it my way should be able to give you around 10% of the value of all bitcoins in a short amount of time = more efficient
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1. Acquire access of large botnet
2. Have bots join bitcoin.
3. Speculate against bitcoin somehow
4. Have all of you clients transfer huge amount of bitcoin to an account controlled by you using bogus blocks
Now either two of these will happen
*Massive loss of trust in bitcoin
5. Profit from speculation
*Little or no loss of trust
5. Profit from theft
Works?
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