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What's with the 1-12 numbers? Also, I hate it.
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-Warning that up to 4% alcohol may be present Consumer advice FAIL lol |
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Can you build me a scramjet rocket? I want to send a probe to the moon and back.
1 million BTC and it's yours  |
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What kind of rates would you charge?
It depends on the job to be honest... but it won't be expensive (~1 BTC/hour). Send me a message if you are interested. |
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10% vs 2200% growth per month? Only the slope of a tabletop to a wall would be more dissimilar (shape wise). It'd say that the graphs are more comparable to the treacherous slopes of OHIO vs the casual slopes of Mt EVEREST. Perhaps you didn't notice that the graph I presented had a logarithmic axis. Maybe this is more your style: http://bitcoincharts.com/charts/chart.png?m=mtgoxUSD&t=S&r=300Yeah i realised my post was a bit retarded but couldn't be arsed to change it. I know the axis are completely different. The point was that both lines skyrocketed. Meh. |
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Well is there anything else to compare BTC with? The stock market? Oil prices? The poker boom? House prices? I'm just trying to think of a way to predict the future by looking at the past...
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There is only two ways:
Maybe Bitcoin is unsuccessful. Then it's 100 % loss. I don't see how you can stop Bitcoin? There will always be a market for illegal drugs or purchases of a private nature online... You can't stop it. I am talking about the case that it does not get main stream because the public does not want it. Ok, well given it's not even in the mainstream now then I doubt it would result in a "100% loss" if that happened. I dunno... I just think there is a strong possibility that the BTC/$ chart will resemble the AAPL/$ chart.  |
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There is only two ways:
Maybe Bitcoin is unsuccessful. Then it's 100 % loss. I don't see how you can stop Bitcoin? There will always be a market for illegal drugs or purchases of a private nature online... |
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one year from now: | OUTCOME | AAPL | BTC | | 100% loss | unlikely | possible | | similar value | likely | possible | | 2x value | possible | possible | | 10x value | unlikely | unlikely |
| OUTCOME | AAPL | BTC | | 100% loss | impossible | impossible | | similar value | possible | possible | | 2x value | possible | possible | | 10x value | impossible | possible | | 100x value | impossible | possible |
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One is a stock, the other is an experimental currency. BTC behaves more like a stock than a currency IMO. |
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Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?
Yeah, I don't really understand what you're getting at here, OP. Many, many, many companies have experienced healthy gains in recent years. Enlighten us on your thought process here. Do you want me to draw you a picture? |
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Thanks for the help! They were safe upon my return  |
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<-- Added mine  how do we create a custom firstbit address? great site btw! |
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Is there some relationship that makes bitcoin similar to Apple, or are you just picking something that went up in price and hoping bitcoin does the same?
I see holding BTC like holding a share in a popular, fast growing company. Obvious similarities and exponential growth witnessed in both BTC and AAPL. You can buy a share in BTC for less than $1 whereas in AAPL each share is gonna cost ~$350. I'm obviously hoping Bitcoin goes in the $350 a coin direction. |
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FFS what's wrong with just using BTC and ฿?
[/thread]
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give this guy a break. It's a free market. Merchants are free to charge whatever they want. If his stuff is too expensive, he will soon realize that no one is buying. Either he'll drop his price to be something more realistic or he'll move on, thats how the market works.
I'm sure 99% of bitcoin owners right now are the type of people who can easily compare prices between several websites to see what they are buying is too expensive or not.
+2 |
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An idea - create a facebook group/page/whatever which contains information about Bitcoin for beginners and every person who "likes" it gets a free bitcoin (well, 0.0001 BTC or something minuscule) sent to an instawallet. Facebook folks love getting something "free" and I can imagine it being a useful way to spread the message. Thoughts?
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