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why nobody sends me 20btc by mistake? even a 1btc would be nice..
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late miners are already selling their equipment coz they cant make profit out of it and unfortunately for them its also a negative income
"Late miners" are joining alt coins pools. When I hooked up a cpiple of my old Ant U1s to a peercoin pool, the diff was somewhere in 100s. Now it is in 400s.
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Naah. Folks just simply moved some money for Alibaba IPO gamble; - just like with Facebook. It's good time to buy - btc, stocks, beer ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Well, what did the email say?
"Dear sir or madam! My name is Satoshi and I am the creator of Bitcoin. All my bitcoins are now stuck in BTC exchange in Nigeria. I need your help to transfer all my BTC to Coinbase. In exchange of your help I will give you 1/3 (one third) of all BTC in my possession converted into USD. Please email me your bank atm account, pin code and social security number.." ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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The boat is only just getting it's engines started I think(/hope).
The boat? I thought we are on a the rocket to da Moon..
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If the real crisis strikes we should invest in real estate in a places like NYC, San Francisco Bay area, guns&ammo, 4x4 truck, silver coins/gold coins and 1 - 2 years food supply.
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looks like slight fluctuation
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
I don't look at it as an investment you jump in or out of. I look at hedging slightly because I would rather see it become an actual currency being used to buy and sell goods and services and not just an investment platform to make fiat money. Despite all recent positive news I do not think we are ready for the primetime yet. Maybe one or two more iterations bubble-collapse. We still do not know whats gonna happen with the remaining Silk Road coins, mt gox coins.. this dust should settle.
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
You can (partially) "jump out" the same way. Maybe, sell a little for a profit and hold the rest, since BTC fundamentals are looking really strong. Thanks for your advice. I am anyway stuck with $3K sale limit at coinbase.. selling 4btc a day will will take me quiet a time to cash out
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either way. I jumped in when the price was 520->460->420->560->580, so maybe it's time for me to quit. I do not believe in 'to da moon'.
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I started to feel annoyed when some little crappy news takes the price down significantly. Something is definitely not right here
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Then the world would laugh and quietly ignore such nonsense.
But worry not, such craziness won't occur. It's not under anyone's control except consensus of the community.
Even if the core devs vote to remove the 21M limit, it still won't make it so.
You are 100% right and this should end up this discussion. At the moment even Satoshi Nakamoto is not able to remove 21M limit:) I think what will happen after 21M will be mined - Bitcoin2 will be released ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) "Satoshi Nakamoto" - is just a name. Whoever has git source code push permission has the real power.
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Ok, lets forget about "voting" and "bitcoin foundation" for the moment.
How about hedge funds contact core devs and tell them: "guys, in order to make this thing would-wide spread we need a controlled inflation: we need to remove "halving". Lets say for solving a block it will always be N number of coins. You guys will be rich, famous and your names will be written in history forever. From our side we guarantee at least 51% of mining power with the updated bitcoin protocol where there is no 21M limitation anymore. The garage miners could stick to the old protocol or whatever - their old bitcoins are useless".
I think this is very possible if we are talking about wide adoption of bitcoin.
They will be rich and famous either way when mass adoption comes. The only realistic possibility of this kind of change might be a POS protocol to keep it around 21 million in circulation but this would be 50-60 years away at least. Keeping always N number of coins (like 21M) in circulation is possible: coins will always been lost due to lost passwords, hodler dies, etc, etc
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Is it simply a repeal of the old law or does it seek to tax and regulate as well? If it is just a repeal you have to like this one. Hopefully Brown signs it.
in california they are fast signing only gay-friendly bills
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I may be mistaken, but would it require the consensus of everyone who uses Bitcoin (as opposed to only those who mine) to enact such a change? I am still fairly new to how the Bitcoin protocol is designed.
Celroc
Not everyone. If you have more than 51% of all computing power - you own blockchain
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Ok, lets forget about "voting" and "bitcoin foundation" for the moment.
How about hedge funds contact core devs and tell them: "guys, in order to make this thing would-wide spread we need a controlled inflation: we need to remove "halving". Lets say for solving a block it will always be N number of coins. You guys will be rich, famous and your names will be written in history forever. From our side we guarantee at least 51% of mining power with the updated bitcoin protocol where there is no 21M limitation anymore. The garage miners could stick to the old protocol or whatever - their old bitcoins are useless".
I think this is very possible if we are talking about wide adoption of bitcoin.
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Imagine back to 1985 post an ad in newspaper like "Business.com domain name for sale for $100". Nobody will get it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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They are buying it not to just dump them with a minimal profit like twenty-fifty bucks a coin. They are serious hodlers who are to double or tripple their ROI, imo.
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Even if they are sold 15% below market price, I personally can use this FUD to get coins fallen from weak hands. The same I did when we were in 400s.
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Need some research about that and maybe with another altcoin, why many gambling sites accepted doge? actually i'm one who interest with doge few months ago, i still have more than 100k Doge in damn dogevault.
AFAIK, dogevault was successfully robed. Are yo sure you still have those 100K?
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