Ouch. Like I said, $300 is postponed til next month.
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So now, it's happened before. Care to back up your claim? Or are you just gonna repeat it to "demonstrate" that what you're saying is true? I would love to be able to just make claims, and merely saying "well, it's happened" be the demonstration.You're obviously not her for any real type of conversation, rather, you're here to make baseless bullshit claims. I dont know why you're so keen to FUD, but I know that you willfully make bogus claims. Is it just me, or does "hard fork" always come up when the 21 million limit is disputed? "Well, you just hard fork here and there, and poof 21 million more bitcoin".
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Done. 1bHPh41CeaBqPqT8zqzjgwcXmyKL67khe
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Stolfi likes making senseless arguments to FUD. Come on, Jorge, I'm still waiting for a demostration for your claim! (Before you scream "21 million": that bitcoin limit is "guaranteed" only by fuzzy arguments about a complicated economic game, not "by math", and could be changed if the right players agreed to it. Moreover, any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp. Anyone who has bitcoins will gain an equal amount of those "series B" bitcoins, accessible through the same private keys, and could trade them independently of his old bitcoins by duplicating his wallet and downloading the kids's client software. Whether those "series B" bitcoins will get a significant market value is a market(ing) question, not a technical one. And, of course, there are the altcoins.)
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"1.Interested seller's MUST be willing to GO FIRST. meaning you will have to RELEASE bitcoins from escrow before receiving payment."
Bullshit. Anybody that falls for this obvious scam is a fool.
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Huh, $270. Shit, we were so close to breaking the year long downtrend. No $300 this week, maybe next month.
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Funny how Jorge talks about "most people" like he has any kind of data. Meanwhile, I'm still waiting for a demonstration of "any kid with a laptop can double the bitcoins in circulation".
How are miners disincentivized from including lots of transactions? The amount of transactions has not effect on how hard a block is to solve. They are incentivized to pack the block with as many transactions with fees as they can. That could be an issue, as (I read once in /r/bitcoin) a transaction with little to no fees (I remember the fee being like, 100 satoshi) can take hours to confirm. Another small nugget of truth buried under that guy's bullshit is the centralization of resources. We humans are team workers, we pool together resources to pull a team through. Pool That can add up, and like the huge corporations that handle very specific things, and have created local monopolies, bitcoin may see a few mega-sized creatures that seek control and wealth disregarding what people want/need. There is no easy way to solve this. But this is not a problem central to bitcoin, it is a problem we've seen arise in oil, telecommunications (phone, cable & internet), banks, etc.
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damn it, why does the pseudo-intellectual FUD troll have to share my name!? Anyways, one doesnt really have to be a tech technician to know how to use bitcoin. One only has to a simple set of rules: a) encrypt and back up your wallet (it's really easy to do in bitcoin core, IDK about other wallets) b) always be careful who you send to always check the address more than once.c) always be careful how much you send always check the amount more than once!d) always use escrow (there's a ton of websites that are cheap and easy to use for this service). e) ALWAYS check the reputation of the person/business you're giving your coins to. f) follow any rule applicant to money. g) paper wallets are safest, so long as they remain unspent. Never use the same paper wallet twice (paper wallet tutorials are super easy).But since "any kid with a laptop can duplicate their bitcoin". That's no problem at all. (Before you scream "21 million": that bitcoin limit is "guaranteed" only by fuzzy arguments about a complicated economic game, not "by math", and could be changed if the right players agreed to it. Moreover, any kid can duplicate the amount of bitcoins in existence by creating a hard fork of the blockchain and starting to mine it on his laptotp. Anyone who has bitcoins will gain an equal amount of those "series B" bitcoins, accessible through the same private keys, and could trade them independently of his old bitcoins by duplicating his wallet and downloading the kids's client software. Whether those "series B" bitcoins will get a significant market value is a market(ing) question, not a technical one. And, of course, there are the altcoins.)
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Honestly, I have no idea. I predicted we'd break $300 this week, but I don't think that's gonna happen now. I hope it stays between $280 and $290... though below $100 would encourage me to buy. This strange little thing called bitcoin is stronger than lots of government backed coins. I live in a place where one unit of currency is 1/7 of a dollar. We dont make pennies anymore, the're too expensive. So, that makes the smallest trade-able fiat (5 cents) worth... 2,000 satoshi. If we still made pennies, they'd be worth 400 satoshi. I live in what could be considered a third world country, yet some people here are wealthy. I am convinced that the poor live in the past, and the wealthy in the future. How did society look like 1000 years ago? Go to a poor place, you'll see (a little tainted by modernity, of course). The wealthy here have heard of bitcoin. Some are excited. I believe bitcoin has a guaranteed future. I dont know what price it will have, but I believe it's use will be widespread. And I want to look to my friends and say "see? I told you so ". I dont care if I lose the money, I think I wont (I bought BTC0.13 at $270)... but if I do, I am sure it will never be worth $0.
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Is it always like this? Never mind that less than a month ago, we were between 250 and 230. Nevermind the obvious uptrend, one day dictates that bitcoin is dying. I'm not celebrating ignition just jet, this rocket's half built. If we keep this uptrend till may, I'm pretty sure the rest of the year will be a ride past $300, $400, and maybe $500.
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290 by the end of last week and 290 by now.
I think it confirms we are officially sideways
.-. żĄʇɐɥʍ
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OK, I'll send you the collateral.
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I wonder how many employees bitstamp has, and how they pay them. Other than employees and hosting, I doubt their expenses are higher than any small business...
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All I could think about when I was watching that video was "duuur, perty". But yeah, bitcoin is not dead. Saying that bitcoin is dead because of the bubble burst that happened last year... it's like declaring a toddler dead the first time he falls of his bike and scrapes his knee.
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Loan Amount: BTC0.01 Collateral: 2 Litecoin Loan reason: fucked with blockchain, now I'm 1 year behind and sync...ing. Syncing? Syncking? Your BTC Address: 1EEE65wQ9nP2iNYM3YYf12cnTYDi8Po3KC Date of repayment: march 18th
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Looks like it may be picking up again. Maybe by the time I wake up tomorrow, we'll be at $297 again, caressing the $300 barrier. We'll break through between now and next week, definitely. Just wait and see.
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did NLC buy your account or what?
I know, right? Oh, well. Another account on the ignore bin.
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I'm calling it, we've got less than a week under $300 left. Why I dont know, that's just how I ... feel the price is gonna go, I dont think we're gonna pierce $330 in any permanent way this month.
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No fucking way $300 is the top. This rally has legs. I've seen a shitload of tops and they don't look like this. There is still much money to be made.
Where do you think this next top is?
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