Giving up means you're willing to accept the current banking & Fed Reserve system... this should never be an option.
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This has the makings of a good movie.
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Your first post?... a little background history please
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All it takes is an over sized breaker at the panel and an extra load on the circuit and you would be looking at potential house fires.
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Makes you wonder what kind of damage the Fed Reserve could do with a couple of billion $ (chump change for them).
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Haven't read the whole thread but wouldn't this be perfect for renters that don't have to pay electric bills?
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Alright put your money where your mouth is... escrow 5 coins... 5 years
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Thanks for interpreting the impact of every current and future startup... whew, and I was gonna buy more of that shit.
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What is the going rate for selling lies? People here are going to fall for "pay per fud"?
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Not sure you can use today's cost in future calculations... miners will become more efficient... many areas have lower electric cost (these will be the hubs).... colder climates benefit with lower heating bills... when I was mining we only turned the furnace on if it got below 30 degrees.... Solar etc.
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In the simplest form how would it be possible for the price not to rise substantially in the next couple of years? Diminishing supply + growing exposure + exponential investment + trading options = positive price increase.
I'm not sure why anyone would be concerned about investing in the technology... this is a great time to expand the wallet. How many will be regretful for not taking advantage of early 2015 pricing?
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The concept of Superwallet and bitcoin would have been the most perfect if there wasn't much volatility , or maybe if bitcoin was of a constant price. But the idea does seem interesting, will wait for the consumer version to come out.
Why would volatility have any issue with an auto convert wallet? So firstly, I am not sure why a merchant usually accepts bitcoin as a payment method. If its for an added payment method, then since at the point-of-sale the consumer is basically converting his Fiat to BTC, the merchant might just request for Fiat directly if its a possibility, instead of accepting bitcoin as a lot of merchants I know(not the big ones), like a couple of friends, who accepted bitcoin at a local pub, had the bitcoin during the downride, and now are not sure if they wish to still accept it specially due to the price volatility that comes along with it. No credit card fees or chargebacks
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Can't get my head around the China ban... so they have these huge mining farms using enough electricity to run JFK... yet no red flag here... these are just good guys collecting good luck charms... what do they think they will be using these coins for? My theory is these farms are govt operated for financial leverage in case this btc thing grows legs
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They'll need an easy signup process... looking forward to more details on the user experience
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SF would have been a lot different... but yeah, long way to go... let's run try this again in two years... my guess is a much better experience.
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I burnt my finger on a wood stove... my lappy reader had difficulty reading the print.
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It seems like this train is doing anything but slowing down... we're on the cusp of some major players that are not only intrigued by the technology but willing to recommend btc as a viable addition to their clients portfolio... I'm not sure this has fully registered with most members of the community... the future is indeed very bright [reaches for shades]
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I'm of the belief that bankers are the last ones you want to wake up... let them dream of little money printing trees... sleep well my friends.
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