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converted into cash, the investigation of the claims, etc. will be conducted, and if funds for a distribution are secured, the liquidating distribution will be made. Well, perhaps that means the reserve price is 0 -- they will be sold, no matter what the price. I don't know.
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They may go to private sale, but the buyer (or buyers) could put them on the open market if they wanted... or had to... right? (unless they signed some contract not to, and who would... and wouldn't that lower their perceived value.)
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Am I incorrect?
Price goes up if more people think buyer was smarter, price goes down if vice versa. "wow someone bought 200,000 bitcoins?.. why? maybe I should buy some too" "wow someone sold 200,000 bitcoins?.. why? maybe I should sell some too" or else generally more attention given to bitcoins, which is overall positive. The worst would likely be if they were put for sale, and no one bought any, or they were sold at a deep discount.
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Mazal Tov!
Does the client and website offer full Russian and Arabic translations yet? I'm sure single-language people would be into it...
... also you can leave some coins available to new immigrants as they arrive?
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As terrible as it is to lose coins in this fiasco, I think selling large slabs of coins to big buyers is arguably a very good thing for the ecosystem. Power buyers with influence will want to see the coin succeed.
Also, the liquidation is a good step at moving forward in general.
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The pie's getting bigger, and there's a new piece. Learn and be inspired. Wow.
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Smart money is in Doge too.
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Just made a purchase on cryptsy thinking I was buying doge. Weren't you concerned about the high price? Doge's dirt cheap. Fast growing community on reddit. Markets itself through tipping. If I sent you a tip right now, would you say no? A bit like a dog coming up to be patted. It's sitting on 12 mil market cap, and that's pretty small for a tipping coin. How does digitalcoin differentiate from litecoin? Doge seems to be a mental onramp for the untech savvy into crypto. That's worth a lot. I wanted people to tip artists for music over 10 years ago. Now it might happen.
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Just made a purchase on cryptsy thinking I was buying doge.
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In the latest Chrome on Windows the page is corrupted. It's fine in Firefox and IE.
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This is good, I'd hand out some printed paper wallets with a few bucks each, with directions on the black on how to import into a blockchain wallet. Good luck.
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I bought $6 worth of nxt. Feel really, really weird about it.
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Setup a simple webpage at http://btcpricenow.comautorefreshes every min, and displays litecoin price too... and very nice Getty pics
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If the blockchain wallet site disappears, with just the encrypted AES backup file, can you can restore the funds using say Electrum?
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Just out of interest, are there any Lisp people out there that would want to work on this site... maybe to make it open source... http://donebit.com- anyone that works on it could receive some equity in it.
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You can still give it directly to them, and ask them to open it only after you die. That'd work for above idea - just give half the password to one person, and the other half to the other person.. tell the whole family who has 1 half and no one who has the other... that way if someone buys all this new stuff, the known person can be blamed and held accountable. There are other benefits to splitting it like this... if the unknown person tries to collude prior to death, the known person can come to the wallet holder and ask that the unknown person be replaced. Why not just give the password to 1 person... they are a target for pressure or can do a runner prior to death. In the will, the unknown person can be revealed. The issue is either of the two people losing their half passwords, or claiming they have.
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I don't know, but really it's just passing on a password to an online wallet. If you give them the identifier to the wallet, the password to someone else for safekeeping, and then the recipient can check no bitcoins have been transferred after death.
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Bitcoind is informing a Lisp program of new blocks and the blockchain is stored using an indexed postgresql database for specific lookups (it's much faster to do it that way.) Then there's user and notification functionality on top of that. I didn't code it. I have some other ideas, but was wondering if anyone has any feature requests.
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