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6
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Economy / Economics / Re: How profitable are exchanges?
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on: July 04, 2014, 03:00:52 PM
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Inactive accounts with tiny amounts in them, fees, tiny deposits etc make exchanges a very large amount of money. Though, there are a lot of legal complications so setting up an exchange definitely is not an easy task
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Economy / Speculation / Re: Price dropping , bitstamp low @ US$619
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on: July 04, 2014, 01:56:55 PM
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I have banned bitcoin in my house PANIC SELLING
You have to open a thread to declare it. You need more audience. With more audience and more private prohibtions of bitcoin we'll see the next drop... c'mon! I'm going to ban bitcoin, too! I also banned bitcoin from my children. The future for bitcoin is over, sell now or you'll wake up tomorrow morning with your coins worth fractions of cents!
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Other / Off-topic / Re: Do you really earn more money because you went to college?
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on: July 04, 2014, 01:07:22 PM
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STEP 1: GO TO COLLEGE STEP 2: DROP OUTMost successful people dropped out of college. Notice the word "dropped out". This is different from having never attended. Bill Gates (Microsoft), Steve Jobs (Apple), Mark Zuckerberg (Facebook), Richard Branson* (Virgin), Michael Dell (Dell), Larry Ellison (Oracle), Larry Page and Sergey Brin* (Google), Sean Parker (Napster and the first President of Facebook), the guy who made CNN, the list goes on... Got a computer? Chances are, it's running either Windows (Gates) or OS X (Jobs). Got a phone? It's probably either an iPhone (Jobs), a Windows phone (Gates), or an Android phone (Page/Brin). Want to look something up? You'll probably either use Google (Page/Brin) or Bing (Gates). *Technically, Branson was a high school dropout and the guys from Google dropped out of their postgrad programs but you get the idea. EDIT: Elon Musk (Tesla) also dropped out of his postgrad: He moved to California to pursue a PhD in applied physics at Stanford but left the program after two days to pursue his entrepreneurial aspirations in the areas of the Internet, renewable energy and outer space. EDIT 2: The Ethereum guy, another dropout: So what’s his background? Buterin attended college for a year -- and then left due to Bitcoin opportunities. "I don’t regret it," he said. "Look at what I’m doing now." So the message seems to be that in order to be successful, generally you need to go to college (well, except Branson). But if there is one common thread that unites the most successful people of the world, then it is the fact that they proceeded to drop out of college in order to follow their dreams and aspirations. Not to mention college dropouts are over-represented among list of the billionaires. http://en.wikipedia.org/wiki/List_of_college_dropout_billionairesThe average net worth of billionaires who dropped out of college, $9.4 billion, is approximately triple that of billionaires with Ph.D.s, $3.2 billion. Even if one removes Bill Gates, who left Harvard University and is now worth $66.0 billion, college dropouts are worth $5.3 billion on average, compared to those who finished only bachelor's degrees, who are worth $2.9 billion. Very interesting I knew about jobs dropping out only because of the movie (lol) but I had no idea that most of these people dropped out of college
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Other / Meta / Re: Activity
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on: July 04, 2014, 12:48:26 PM
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Umm...
I don't see anything under your name. I can only see the negative trust when I click on it from your profile page.
Only in the marketplace you can see it I have noticed
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Other / Beginners & Help / Re: How Do You Buy BTC?
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on: July 04, 2014, 12:31:26 PM
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I use localbitcoins to buy bitcoin. The price is slightly higher there, but I can get the bitcoin fast and without any verification.
Same here. They're slightly more expensive (around 10 percent more in my country) but when your goal is to buy small amounts of BTC and hodl them long term, the price difference isn't really going to make that much of a difference anyway 5 or 10 years from now. Heck, I've seen the BTC/USD price move more than that in the space of a single day. You're right, in fact just today the price has gone over 5% down and 5% up.
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13
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Bitcoin / Bitcoin Technical Support / Re: wallet will not sync
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on: July 04, 2014, 11:59:07 AM
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sorry yeah my first (old wallet) was for mac new one is win
to find your wallet.dat on mac: 1. Right click Finder 2. Press Go to folder 3. Type: ~/Library/Application Support 4. Locate your bitcoin folder 5. Locate the wallet.dat ... either delete it or store it. I highly recommend storing it or importing the private key later just in case 6. Put your wallet.dat in there, and there you go I also had this issue, every time I added a new wallet.dat I had to completely re-sync my bitcoin client which was a pain I'm unsure if this occurs on windows, but it does occur frequently on mac. I switched to multibit as its much more lightweight and easy to import! good luck
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Bitcoin / Bitcoin Technical Support / Re: wallet will not sync
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on: July 04, 2014, 10:37:01 AM
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What OS, windows or mac? Need some more specific information to help you out
Usually you go to the bitcoin-qt content folder, find the default wallet.dat and replace it. IF this does not work, un-install bitcoin-qt (KEEP YOUR WALLET.DAT), re-install and try again. It could be a corrupt block in the bitcoin-qt folder which causes it to stop downloading blocks.
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Other / Off-topic / Re: Do you really earn more money because you went to college?
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on: July 04, 2014, 10:26:35 AM
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College is to educate not to allow you to earn more money. Sure the qualifications enable you to get a higher paying job as you'll be qualified for it, but this is only because without the college education you would nt know what you are doing Employers prefer qualified employees and people who know what they are doing...of course depending on the field, college graduates look better than your average high school pass.
No, College does not earn you more money, but it certainly does enable you to earn more money.
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