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just import the private key associated with the stablecoin address
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Why must one break even on the share for it to be of value?
You have a clean negative bias towards the developer and are taking it out on the product clearly. At least be smarter about your direct bashing.
Are the shares currently over-priced? Yes. That's because those buying them are speculating an increase in volume in the future and are willing to take the risk of doing so. At this point you're either jealous or just hate RS. Either are valid, but neither help progress anything.
What is the purpose of a share? To make money. These shares will never make back the original investment. Therefore, they are a poor investment. This isn't complicated. |
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By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.
That would defeat the purpose of having shares in the first place... If RS thought his exchange would be around for many years to come, he would not be selling shares. He would be keeping them. That tells you how confident he is in his own exchange. This reminds me of when ASICMiner sold their 10 first blades, and people went insane and started bidding over $8000 a unit. Why would they sell something that was basically printing them money? Because they knew that avalon chips were about to go on the market, and they had already developed their nextgen ASICs. It is unlikely that those who foolishly purchased one of their blades recooped even 20% of their initial investment. In other words, the present value of these shares is far more than the shares themselves will ever generate. You are all getting fucked over. Mark my words. |
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Pangu (盘古) was the creator of all in Chinese mythology. He separated Yin from Yang with a swing of his giant axe, creating the Earth (murky Yin) and the Sky (clear Yang). To keep them separated, Pangu stood between them and pushed up the Sky. This task took 18,000 years; with each day the sky grew ten feet (3 meters) higher, the Earth ten feet wider, and Pangu ten feet taller.
Pangu Coin is named after this chinese mythical figure. That's great. |
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Value of a line of text in a client that few people use anyway is very questionable. Easy to mod client to block out advertisement. Pools would control what gets displayed anyway since no one solo mines. Also giving people an easy way to inject data into the blockchain is never a good thing. |
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I'd also like to point out how awful a value the fee shares are right now, the exchange would need $300,000,000 in total volume to break even on a share.
By selling these shares, RS is hedging his bets that his exchange will not be around that long. If he trusted in his exchange, the wise move would be to keep all the shares.
Do you trust an exchange that it's own operator does not trust?
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RS is also the same guy that Premined 12 million coins and claimed they were unspendable until the block explorer busted him moving coins from one of the Solidcoin Trusted nodes. Those 12 million coins still exist and I am sure is the reason as to why Solidcoin even exist on the exchange.
RS is also the same guy that never fully released the source code for his coin either. It was always partial releases.
RS is also the guy that claims to be a Coding God and all around Crypto Security Genius but managed to get 250 BTC he extorted from his Solidcoin's user base to finish the next version, stolen. He then promptly disappeared for a couple of months and when he reappeared, it was sorry, I have no BTC shit happens and I'm too dejected to finish it even though it is 95% complete.
RS is also a guy that is a literal "ghost".
He goes to great pains to hide his tracks and is in fact very good at it. He makes no issue about, he openly admits he hides his identity and quite often jokes about how he could disappear anytime he wanted to. That alone should make anyone think twice about depositing any money they can't afford to lose. What happens when his unhackable exchange gets hacked and literally vaporizes with several thousand BTC?
~BCX~
Don't waste your time, the drones don't want to hear facts. This is about to be one of the biggest bitcoin heists in history. This is pirateat40 all over again. |
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Tell me genius, where's just one, JUST ONE: gates, jobs, Woz, tesla, Einstein, Newton, Bell, Hewllet, and the list is in the tens of thousands but NOT ONE SINGLE WOMAN.
Carly Fiorina  |
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In contrast to what... All the closed source coins out there?  |
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You might wonder : what if Cryptsy gets hacked? or what if Btc-e gets hacked?
If you keep wondering in life about everything bad that COULD happen, you're doing it wrong
"Hacked" |
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Yes, mcxnow is soon to get "hacked" and a metric fuckton of BTC is going to disappear. Emphasis on "hacked"  RS sure knows how to play the long con. |
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What a joke. |
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Hilarious/sad that anyone would trade on an exchange originally created by the scammer realsolid, to dump scamcoins solidcoin and mincoin onto uninformed people, when honest alternatives such as cryptsy exist.
Does nobody do their research on this forum anymore? Sigh...
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Hilarious/sad that anyone would trade on an exchange originally created by the scammer realsolid, to dump scamcoins solidcoin and mincoin onto uninformed people, when honest alternatives such as cryptsy exist.
Does nobody do their research on this forum anymore? Sigh...
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Like it matters, gox market share is dwindling by the day. They're soon to be irrelevant.
They are the myspace of cryptoexchanges.
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Middle aged guy wearing a college shirt. Laughed hard.
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11 btc go in, 10 btc come out. That represents a 9% house edge which is absolutely insane compared to dice games that have under 1% house edge.
Math, people.
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A 9% house edge? Bit excessive, dont you think?
Ah, well im sure there will be a few idiots who dont understand probability.
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Future millionaire right there
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