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i don't know if it was to drive up the price, but i didn't think it would do so.. as others have said here, it was to make the appearance of 1 unit of bitcoin to seem closer to what $1 is. paying 5 mBTC for your meal is much easier to understand than .05 mBTC. whole units are easier to understand than fractional ones.
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only a few gullibles that fell for it, or they just played along. anyone who believes it is him or could be him is just deranged.
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scammers making a business seem legitimate so that more and more people would join. once they reach what they believe their peak is, they run off with the money.
apparently it's supposed to mean LE or a group of people trying to trap you, but not necessarily a scam.
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Is it possible that Bitcoin will be regulated? And if it will be, then how would we know  I have heard stories, speculating that if someone holds 51% of the total amount of BTC they will have kind of a monopoly position and can make or break the coin alltogether. Is this true? It is nearly impossible for anyone to "hold" 51% of all bitcoins and if they did it would mean little. It would cost 100s of trillions of dollars to buy 51%. What you may have been referring to is a 51% attack: https://en.bitcoin.it/wiki/Weaknesses#Attacker_has_a_lot_of_computing_powerthe market cap is currently around 10 billion.. how would it cost hundreds of trilions to buy up 51% of the coins? Is it possible that Bitcoin will be regulated? And if it will be, then how would we know I have heard stories, speculating that if someone holds 51% of the total amount of BTC they will have kind of a monopoly position and can make or break the coin alltogether. Is this true? No it is not possible that bitcoin will be regulated and if it was, there would be no way to know about it. It is like in China right now. strongly disagree. look at what china has done to BTC, it's regualted them. governments can do as they please. maybe they can't completely stop BTC, but they can slow it down and ruin the price/liquidity of BTC. |
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How you view BTC that is? When it takes big dumps and crashes, I don't really panic anymore. I also don't think to myself "if i had only put in $5,000 into it a few years ago, I'd have enough to retire now" anymore. A month ago, when all this hysteria hit, that was all I could think.
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i guess the definition of honeypot is different from what i thought it was.
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i'd like to think that 2014 and beyond will be kind to bitcoins, but i think using the internet for comparison doesn't quite work so well. the main difference - and it's a huge one - is that government welcomed the internet with open arms; with bitcoin, it is not likely so.
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i was thinking something along the same lins.. considering that the U.S. has been printing $85 billion per month, if they could just throw maybe 1% of that for 1 year... that'd double the value of bitcoins.
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that's so reckless to put all your wealth into BTC. as far as we know, there is a 50/50 chance that BTC will even make it. no one really knows what's going to happen. it's fine to be for the bitcoin movement, but you could easily end up losing almost everything.
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i'm not flaming but those odds (ie the house fee) work against me, if it's .475 btc handed out for every .5 taken in. that's a 5% that you'll make.. you will probably end up making some good coin though.
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i get that people are curious and wonder who satoshi is, but why so much speculation and all? he doesn't want to be known publicly, so just leave it at that. there's probably nothing to be gained by finding out who he is.
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while i am grateful for his contributions, i don't think he really needs money. i rather donate my $ to a good cause than give a guy with that kind of money.. more money.
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tea pot calling the kettle black (i don't mean that in a racist way btw).. fuck off, obama.
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Its mathematically impossible for aliens not to exist, the universe is really big and our solar system could not be more typical. Its also mathematically impossible to travel at the speed of light we must learn to fold space, or something! we must! why? 45th rule of acquisition, " Expand, or die. "  it was discovered recently that the goldilocks zone is much more common than we think; to top that off, there are 100 billion x 100 billion stars in the universe... so yeah, we probably are not special. |
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bitcoin is nothing like the lottery. its value is derived from its value and usefulness to people. the lottery is just about getting lucky. it's more gambling than anything.
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i don't know if aliens have really been here, but i guess it would be possible. i probably don't believe the same thing as the conspiracy theorists.
if aliens are advanced enough to get to planet earth, they are probably smart enough to somehow stealth themselves from us.
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since india hates china so much, let's tell them that the chinese government loves cockblocking BTC  the indians will most likely end up laying the hammer down on BTC though. |
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yeah im pretty certain they exist.. they might even be in the same galaxy, given the frequency of goldilocks satellites. they may or may not be intelligent, who knows.
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the good ol' david cameron has even blocked your porn. the UK is turning into a totalitarian shithole. that guy is either an idiot or he's just testing how far he can go. |
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heroes was terrible after the first season. it kept on rehashing the same stupid storyline. i watch the walking dead, but it can get annoying at times.. still a decent show.
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