Not that useful for a bitcoiner  yeah your right...but some non tech newbies may want this, and makes it more regular to see info quick |
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I'm ready for single digits. 0.01 BTC = $1. Proudhon was right all along!
ha lamao really really funny |
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Serious discussion
What would happen if a Small country did officially adopt BTC as legal tender, or a large country make a special economic zone where BTC is legal tender
Would this give said small country a massive advantage being a nationally early adopter, essentially validating bitcoin/LTC/TRC, have bought a lot up and then see it rocket, so they will massively gain by their decision.
Will they attract many talented people, who want to be paid in, and pay with BTC or LTC, and want minimal govt interference?
I think if a small country was smart, it would buy a lot of BTC and LTC and maybe even TRC and then declare them legal tender, in their geographic area/sphere of sovereignty,
They would probably make a 10 -1000 fold return on the influx of capital to LTC/TRC and BTC by doing this!!!!!
I think they would want to buy a lot first, and have a pretty good mining operation as a way to collect tax, and get an exchange ready and then let it be a co- currency with what ever they are using now and let the citizens decide.
Sure taxation may suffer (but their mining which is now much more valuable with subside), and they just have to hold the LTC/BTC/TRC, and there would be imho a lot of crowd sourced services appearing in said country, as well as diminished fees and bank operation costs
The more I think about this some country should/will try this.
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I did see it
but its likely a glitch of some type
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Bitcon's transaction fees can't scale. The only option going forward is if corporations will subsidize the mining for free, which means monopolization and 666 system. I have written much about this, you can go digging if you are really interested: http://bitcoin.stackexchange.com/users/3441/shelby-moore-iiiOtherwise just listen to all the fanboys who reply and tell you that I am wrong. You are investing in either a design that can't scale, or that will scale to enslave mankind. Remember I told you. Now let the moronic, inane fanboy replies begin! yes but thats ok when BTC is 1 mill each LTC/TRC or other will be used for day to day, backed by BTC, that is always an option |
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2013 04 13 proudhon --->  |
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I like those little sigs so here is some basic code to sort out your sig (color your choice and size to but this fits as is) just replace with your own addresses [table]
[tr]
[td][size=8pt][color=black][B]BTC[/B] 15zMLuj42zKfJB3sFLaxwUGyF7ZBbHCLfT [/color][/size][/td]
[td][size=8pt][color=black][B]::[/B][/color][/size][/td]
[td][size=8pt][color=black][B]LTC[/B] LhoX2YMX1VSJFYS4oFg2honjpvjqccJGWV[/color][/size][/td]
[/tr]
[tr]
[td][size=8pt][color=black][B]TRC[/B] 1FwPCH9mC7tXDjNSpjvJkLjuuD6NxBi9wh[/color][/size][/td]
[td][size=8pt][color=black][B]::[/B][/color][/size][/td]
[td][size=8pt][color=black][B]PPC[/B] PKaYmmwhoU6FDQszVCZ1kmn93q3sKExpZv[/color][/size][/td]
[/tr]
[/table]
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That wasn't a hard fork as only miners had to upgrade. A change in the protocol would require every one running a full client to upgrade or else not be able to use their coins in the main network.
but that's not hard....upgrade xp/7, osx lepoard.snow.lion.mt....people do this and still access their old email accounts |
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Let me clear up some misinformation about power issues that others have said ITT. Some people have hit the nail on the head, but some have been pretty far off as well.
First of all, the standard US home uses 120v and 240v, not 220v like some others have suggested.
People are correct in saying you can only use 80% of the amps of a circuit safely running at 24/7 continuous load.
I will be running this equipment on a 30a 240v circuit and a 60a 240v circuit.
Amps x Volts = Watts, So... [(30 x 240) + (60 x 240)] * .8 = 17280w
I could run 17280 watts of Avalons safely from the 240v circuits I have ready to go.
I only expect the Avalon's we purchased to used about 5600w of power (800w x 7).
Therefore, I already have the power infrastructure to run many more than 7 Avalons as is. People are making this out to be a bigger deal than it really is.
excellent...also i hope the cny psu are good for your supply |
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Show chart
Last price:$90.17126
saw this just now..
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That wouldn't be likely 90 USD then.I believe someone mentioned that Gox hasn't fixed the glitch on orders in other currencies showing up instead of USD only.
IT was USD |
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How do you create a new wallet?
I want a to make/get a new seed
I've used Electrum OSX! Your wallet is located in your home directory in ~/.electrum The wallet file is called 'electrum.dat' If you want to create a new wallet (which will come from a new seed), you can use the terminal to rename the current wallet so the next time you run electrum, it will create a new wallet. ie: mv ~/.electrum/electrum.dat ~/.electrum/electrum.dat.old So you could basically just rename the wallet file that you want to use. thanks!!! |
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How do you post on the forums from the future? Do we have chronoforum networks or something?
just saw 90.11114 on Gox but yes I am also I am slightly chrono positive, I mentioned that in a thread here somewhere before. |
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Sorry, Otoh! Looks like this might just happen  It's all good  what do u mean in your sig LTC = $c³ |
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I just can't fathom people gamble on SD knowing they will lose.
I mean SD can be proved a loosing proposition
(baring the double spend before loss enters BC bot)
can some one explain the mentality here?
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Yes, indeed, $100 is less than chump change these days.
And, of course, vvic et al are totally on the money (ahem). Taxation is violent robbery.
you know what your right, 10K$ or 1000$ is the new 100$, |
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It is not only optional to hold Bitcoin in exchanges or with any 3rd parties, it is highly recommended not to do so for any non trivial amounts of bitcoins. Why carry counter-party risk when one does not have to?
a cracking password on block chain and a back up of all your priv keys should see you through most anything |
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