this is the big crash, is down to 900 and keep going dow.... What do we do? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?? Nothing , just we hit the ignore button of people who yell crash crash crash all day.
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Wow , 3 pages of a thread that shouldn't have existed if the Op would have read the Bitcoin wiki.
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Was that the biggest bear trap ever on gox?
No that was the Panda trap , at 10 is the Bear trap and on Thursday at 11 the bull trap.
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Probably the best advice ever : "Don't do what you see on tv in real life?"
Also , everybody who is whining here, pooor Paul , what if some innocent people dies also in the accident? He and his friend were speeding , and at this point I can only say 2 idiots died.
sometimes you're driving with a friend, and he's a stupid nut.. if he ends up killing you, is it really your fault? if i had a friend who did that, i wouldn't drive around with him.. but you're still at risk the first time you know your friend is an irresponsible driver. Twice i got out of a friend car and called a cab. Once because when he picked me up i realized he did drink (quite a few) , second when another was speeding like an idiot in the city and didn't give a fuck about me saying to slow down. Just because it i his car and he my friend it doesn't mean i'm glued to that seat!
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When you start promising 1000x returns there is where the problems start. Bitcoinin no longer at 2$ , just do the math the amount of money need for 1000x right now , 21mils*1mil ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ))) Well, no. First of all, only 12 mln. bitcoins have been mined at the moment and by 2020 which is still a long way to go only about ~18-19 mln. will be mined, about 500k-1mln of which have been lost forever. Second of all, only a relatively small part of the existing supply is for sale on the exchanges, and some people wouldn't or couldn't sell even at much higher prices. So, much less investment money from big investors is needed to drive the prices 1000x than what you said. so 12*1mils do you really have a clue how much money that is? Also , lots of people will sell on 10k , lots on 100k , and those who bought on 10k will sell on 100 Let's not get overboard with how good of an investment Bitcoin is.
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This ponzi ponzi crap is getting so annoying lately. Also loved that stuff were "dollars " are money.
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How i love when people put some money into a "xxxx scheme" and wait for somebody to miraculously give them back more. You were lucky to get your first investment back , so you decided to get more...greed failed on you
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Short answer: Nothing. That ip won't help you in this cause. Also the coins will probably be mixed a few times in 24h so good look tracing them next.
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You have an idea how many of those have failed in the past? This is one sure way for people to loose money and one to get it . Who is this one...? Take a guess!
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Probably the best advice ever : "Don't do what you see on tv in real life?"
Also , everybody who is whining here, pooor Paul , what if some innocent people dies also in the accident? He and his friend were speeding , and at this point I can only say 2 idiots died.
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So , how about you buy your 0.00001 btc and start from there? Or you get a normal job instead of a graphic card and buy bitcoins from your income like everybody else does.?
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If you hope that Gold will crash to 1$ , all I can tell you is ... hope:) But don't forget that there are many differences between Gold and Btc.
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So there are several reports here on the forum about selling BCs and having problems with actually being paid out. As much as I like BC, this indeed sounds like a ponzi scheme, and for BC to be a serious investment, transfering back your currency at any time in any amount is a MUST.
To everybody who tried transfering back: Did it work or not, how long did it take, which problems did you run into and how large was the amount?
I haven't bought any yet and thus have never tried to transfer back.
I think you're missing the point of what actually Bitcoins is.
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When you start promising 1000x returns there is where the problems start. Bitcoinin no longer at 2$ , just do the math the amount of money need for 1000x right now , 21mils*1mil ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) )))
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Most of the alts can't be traded directly to usd. If the price of bitcoins dives in even a little , alt coins go bananas.
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Banks where I'm located are shutting down any accounts being used for local bitcoin selling. PayPal is a 1990s web dinosaur, and I look at it on the same level as I do a massive bank. They need to play it safe because of how large they've grown, and I get that, but yeah their policies are incredibly lame. Their fees are just as ridiculous as a bank's, too. No wonder Elon Musk moved onto better, more innovative things long ago.
On the plus side, PayPal is already in the process of being replaced...by bitcoin!
You know what bitcoin is? It's a currency. (well , supposed to be) Paypal can easily adopt bitcoins , hmm just like bitpay , or based on the inputs.io (without the scam) model. Don't sing their death song so easily.
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So , Paypal it's evil , but you used it. Why haven't you used bitcoins to sell the domains?
This reminds me of all the people , paypal must die , must be closed and the next post... why can't it buy bitcoins with paypal ?
Irony at it's finest
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The thing is , that even this low , you're cheaper buying ref in the game itself. Also , why want referral who will quit after level 30 when buying some genuine ones.
Unfortunately , even if conducted correctly it's a loss loss game for both sides.
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Ok i got the first part of your answer but for the second part i'm not so sure. You mean that bigger blocks will likely cause more orphans? Anyway thanks for clearing it out.
I think the point is: - The more transactions a block contains, the bigger it is. - Bigger blocks take longer to propagate on the network and get accepted. - If 2 smaller blocks get confirmed before the bigger one gets a child, all TX included in the bigger block don't get confirmed, and this is the "orphan cost". There is no motivation today for miners to include more TX, as it makes it very risky. They play small and secure. The question now, is : "how do we make sure bigger blocks get bigger rewards overall". Or maybe I didn't get it right, which is also a likely hypothesis. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) So , let me make sure I understand this... Because the rewards from the tx can compare to the block reward.. there is no incentive for miners to create larger blocks , so even if we raise the limits to 10 Mb , there won't be much difference , unless a caring miner and a lucky one gets some blocks done.
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7 dead, 88 injured from shopping in US on Black Friday.
70,000 workplace deaths per year (~192/day) in China making what we buy.
Who's the real loser?
And add here , known deaths ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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