i got the success email from mt. cox but i can only see the help desk... where are you guys logging in?
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nice... going to be toting around that 7k debt for awhile. Im betting he rang up his credit card to buy 10 cards, and now his coins are either goxed or something.
If it were me, i'd put those 10 cards up on amazon at 1300 a piece and buy 10 more.
He basically had his drug dealer front him 7 grand worth of video cards, and now he cant pay!
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and your going to keep this gold where.....please say your apartment
Even better: a decentralized gold storage network. Your gold to your home in 2-3 days or less. Even betterest: Mt. Cox
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John that's not nice... Why are you posting family pics of Buddha ?
Nice deflection around your spelling error idiocy.
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Why don't we answer the OP's original question, which was where are the mined coins coming from; how are the blocks generated and discovered, etc.
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Thats an important thing to remember. Fiat currency is backed by NOTHING. So you can't use that excuse as a reason not to use bitcoin since fiat is backed by nothing and created out thin air just like bitcoin. The major benefit is the fact that bitcoin is open source and everyone has agreed that the bitcoin money supply will creat at xyz rate. Compared to the government where they just print it up non stop to fund wars, welfare systems and other such projects. As a result, fiat continually loses value over the long term. If someone had $100 in USD in 1913 and held that cash then the value of that money would be worth the equivalent of 4$ today or a 96% loss of value. These days fiat loses about 10% of its value per year. Thats why gas, food, housing, healthcare etc all goes up every single year. When you use bitcoin, this does not happen. Rather, bitcoin adjusts to inflation since dollars are losing value while bitcoin is gaining value due to limited supply. Let me help you read that properly... If they had $100 in 1913 it would be worth $100 today assuming they hadn't invested it. What that graph is really saying is that with a dollar in 1913, could could buy 25 times as much as you could with a dollar today. $100 is $100, the difference is in 1913 you could buy a tommy gun in the Sears catalog for $19.95, and nowadays $100 gets you a shitty ipod dock.
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My issue isn't really with the time to get it back up... it's that they keep saying they're delaying it. Why not just say we'll open in a week, and then open 3 days later and look like heroes?
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It's creator deserves to be rewarded don't you think? Just like Bill Gates, Steve Jobs, Mark Zuckerberg , and all the other Internet giants are being rewarded today?
I didn't realize that facebook, microsoft, and apple were so decentralized...
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Lol, I don't do drugs . And if I did I wouldn't buy them from silk road. Maybe if they had invented Zoloft back then is a more plausible sollution than BTC preventing the holocaust. I mean seriously. Bitcoin wouldn't have prevented paintings, jewelry, real estate, and many other things from being confiscated. It just makes you look not only ignorant of BitCoin, but really shows you have absolutely no knowledge of what the holocaust entailed.
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So we can annoy LAMA's like you.
Llama. You should always take care not to make yourself look stupid by misspelling 5 letter words in an attempted burn.
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P.S. No one would help the poor, freshly robbed & hunted european jew in the late 30's. Now, a jew with coins stashed offshore, which the "authorities" couldn't confiscate -- was a very different story.
So bitcoin is the answer to preventing the holocaust? Bitcoin could have prevented many things if it would have been around in the past. I think it would have been impossible for Hitler to go as far as he did, if he wasn't able to confiscate the "hard funds" that he took from every country he conquered. lol wow. Wish I had heard about Silk Road before it went down - sounds like you've been getting some KILLER dope on there!!!
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"Jerry already had made a million gambling and was munsoned at the crap table."
Gox got munsoned, and the clients were goxed I cant wait until Mt. Cox gets ungoxed, because I have something on the order of 38 cents munsoned in their squirrely website.
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P.S. No one would help the poor, freshly robbed & hunted european jew in the late 30's. Now, a jew with coins stashed offshore, which the "authorities" couldn't confiscate -- was a very different story.
So bitcoin is the answer to preventing the holocaust?
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How is securing millions of dollars worth of transactions a "useless task".
+1. In fact, Mt. Gox is keeping a lot of money extremely secure!!!
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I'll bet Thomas Jefferson is fuckin' FLUSH with nickels right about now!!!
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Reminds me of Munsoned:
Derived from the film "Kingpin" starring Woody Harrelson whose characters last name is Munson. Also mentioned in the Bloodhound Gang song "Pennsylvania" the word describes someone who has everything going for them and when they reach the pinnacle of their success they do something that causes them to lose it all. Usually whatever makes that person lose it all is by a bad decision they have made driven by greed.
"Jerry already had made a million gambling and was munsoned at the crap table."
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That's a problem with CENTRALIZED ISSUED CURRENCIES, actually you can see that to happen with US Dollar, Euros or any fiat/country currency around the World. Bitcoin is immune to that, nobody can say from date X on you can't use bitcoins. Or that you CAN use it
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First, it looks like a bubble. Here's Bitcoin before the Mt. Gox debacle: That just screams "bubble" to anyone who's seen one. Bear in mind that the Bitcoin system generates no revenue. All funds must come from new investors. This is not like a startup company. This is a zero-sum game. If you've been in the game for half an hour and you don't know who the patsy is, you're the patsy. Fixed.
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