China GDP per capita = $10000 Family = 4 people Therefore, average family income = $40000/year. Where do you get $25/year from? GDP per capita doesn't = personal income. It is more useful to indicate standard of living. Average gross salary = USD $457 monthly (2010), or ~ $5500/year. http://en.wikipedia.org/wiki/Economy_of_China$40k? LOL..... Average gross salary ≠ household income. At 4 people per household, that would still be around $22k.
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unfortunately the average chinese annual family income is $25/ year. so each of them were only able to invest about 10 cents.
China GDP per capita = $10000 Family = 4 people Therefore, average family income = $40000/year. Where do you get $25/year from?
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Bitcoin is definitely scalable. The number of transactions is proportional to n2, where n is the number of users. n cannot exceed the population of Earth, which is expected to peak at 10 billion. By contrast, storage space grows exponentially (even faster than Moore's Law).
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I am responsible for 1/666th of all messages I have more posts than the entire Dutch language forum .
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Saluton! Bitmono kaj aliaj kriptomoneroj estas bona maniero de financado per esperantaj projektoj kiel Esperanto-kluboj, amasfinancado ktp. Saluton. Mi konsentas. Ĉu estas io, kio akceptas Bitmono?
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I noticed that we now have 2000000 posts on BitcoinTalk. No celebrations?
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I know it isn't straight, but I feel we're overdue for some volatility. I have a feeling it should either be up to ~150 or down to ~100 by next week.
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I rewrote the disputed sentence to have a NPOV. WP:UNDUE does not apply here because Bitcoin is commonly, even if incorrectly, associated with illicit transactions. Original, biased: A large share of such commercial use is believed to be for illicit drug and gambling transactions.
New: Illicit drug and gambling transactions are believed to constitute a share of such usage.
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Update: Currencies leftKuwaiti Dinar | 3.513336 | 31.31 | Bahraini Dinar | 2.652102 | 23.63 | Omani Rial | 2.598415 | 23.15 | Latvian Lat | 1.873713 | 16.70 | British Pound | 1.544687 | 13.76 | Euro | 1.304278 | 11.62 | Swiss Franc | 1.054617 | 9.40 | Australian Dollar | 1.009119 | 8.99 | United States Dollar | 1.000000 | 8.91 | Canadian Dollar | 0.993294 | 8.85 | New Zealand Dollar | 0.839793 | 7.48 | Bruneian Dollar | 0.810875 | 7.23 | Singapore Dollar | 0.810875 | 7.23 | Libyan Dinar | 0.789266 | 7.03 | Bulgarian Lev | 0.668300 | 5.96 | Turkish Lira | 0.555934 | 4.95 | Brazilian Real | 0.497407 | 4.43 | Lithuanian Litas | 0.377745 | 3.37 | Malaysian Ringgit | 0.336248 | 3.00 | Polish Zloty | 0.315965 | 2.82 | Romanian New Leu | 0.301535 | 2.69 | Israeli Shekel | 0.281297 | 2.51 | Qatari Riyal | 0.274665 | 2.45 | Emirati Dirham | 0.272257 | 2.43 | Saudi Arabian Riyal | 0.266646 | 2.38 | Argentine Peso | 0.191755 | 1.71 | Danish Krone | 0.175002 | 1.56 | Norwegian Krone | 0.172963 | 1.54 | Croatian Kuna | 0.171953 | 1.53 | Chinese Yuan Renminbi | 0.163100 | 1.45 | Venezuelan Bolivar | 0.159041 | 1.42 | Trinidadian Dollar | 0.155767 | 1.39 | Swedish Krona | 0.152577 | 1.36 | Hong Kong Dollar | 0.128882 | 1.15 | Botswana Pula | 0.123400 | 1.10 |
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| Bitmill | 0.112220 | 1.00 | Currencies surpassedBitmill | 0.112220 | 1.00 |
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| South African Rand | 0.110838 | 0.99 |
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To collect better statistics, I have updated my script. It will take the largest threads in Other and assign them to their own languages. Here's the table I am using right now: 9261: Greek 29863: Turkish 33050: Czech 27736: Filipino 2157: Polish 25215: Croatian 1568: Esperanto
Here's the current output: "Greek","176" "Turkish","155" "Czech","151" "Filipino","138" "Polish","124" "Croatian","113" "Esperanto","110"
I also made a chart explaining the changes in languages over the past 4 days. The only noticeable change was Chinese surpassing French. In the 4 days of data I collected, it seems BitcoinTalk has become more multilingual. English, Italian, Russian, and Hebrew lost usage share. All other languages with subsections gained usage share. Leading the chase was Chinese, followed quite distantly by Spanish, Romanian, and German. In terms of absolute growth, English outpaced all other languages combined. Of the other languages, Russian and Chinese led absolute growth, with German a close third. In terms of relative growth, Chinese puts the rest of the languages far into the dust, growing almost 25% in four days. Korean came second, but with few posts to start with. Italian demonstrated the most laggard relative growth of the languages tracked. I will also retroactively add data for the new languages. Updates for them coming later.
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Yesterday, a milestone was reached. The custom hardware section, itself a subforum of the much smaller "Hardware" forum, has just gained its 48264 th post. This might not seem like anything important. That is, until one considers that that number is greater than the Mining forum—two levels up from the "Custom Hardware" forum. It is clear that "custom hardware" is no longer the niche it used to be. There are numerous logical solutions: - Swap "Custom hardware" with "hardware". Call "custom hardware" just "Hardware", and the current "Hardware" will become "Vintage hardware".
- Merge "Custom hardware" into "hardware". This will require some cleanup.
- Split "Custom hardware" from "hardware", relocating it as a subforum of "Mining", and call it "Mining hardware". Rename "Hardware" to "Vintage hardware".
- Vacate the threads in the "Hardware" forum to new "ASIC", "FPGA", and "Vintage" subfora. "Custom Hardware" is relocated to the former two. "Hardware" becomes reserved for discussion about mining hardware in general.
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I thought we established already that 1 xbt means 100 satoshis and the colloquial 1XBT equals 1 bitcoin?
Link? XBT has meant 1 full bitcoin for a while now (since 2011). I highly doubt we can, or should, change it now. That would just provoke ambiguity.
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Hello all. I'm preparing the new website www.mxbt.org which will display realtime data of Bitcoin markets, but using mXBT units. So, I have a question. How many digits after dot in the mXBT price would be comfortable for you to see? Examples: 0.11492 USD / mXBT or 0.12 USD / mXBT The standard in Forex is generally 4 decimal digits.
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To be honest, I'm appalled that Josh doesn't have the scammer tag. 1000 BTC is a lot of money to default on. The bet wasn't especially formal, but it clearly wasn't a joke. This is in the same ballpark as Matthew's, which got him a scammer tag.
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This is the only real good news we've had in a month or so.
Except Bitcoin on a 30-min Chinese government CCTV-2 report. That isn't news. Nothing "new" was covered in the report. Most people already know about Bitcoin, and the report is unlikely to do much.
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There was plenty of news, good and bad.
2% is nothing compared to the daily volatility.
Plenty of news about Bitcoin, sure. But contrary to popular belief most already know about it. The news does not cover anything big that happened in Bitcoin. CoinLab's lawsuit was news, and was when I took out my short (and sure enough, CoinLab's news brought price down). This is the only real good news we've had in a month or so.
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Liquidated my short position at $110. This is big and I'm a bull now.
Uh... the price hasn't followed the news for a month... There wasn't any real news for a month. This is real news. Price already up 2% in a matter of hours.
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Liquidated my short position at $110. This is big and I'm a bull now.
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Remember when Bitcoin was just about to reach parity? Actually, I don't. I entered the community past that point. With the recent initiative to switch to mBTC, I felt it productive to create a new parity thread. We have a few currencies left to break through. So without further ado, let's begin. Currencies left to crossName | Value (USD) | Value (mBTC) | Kuwaiti Dinar | 3.513089 | 31.88 | Bahraini Dinar | 2.652314 | 24.07 | Omani Rial | 2.597065 | 23.57 | Latvian Lat | 1.867627 | 16.95 | British Pound | 1.548234 | 14.05 | Euro | 1.307723 | 11.87 | Swiss Franc | 1.063333 | 9.65 | Australian Dollar | 1.018428 | 9.24 | Canadian Dollar | 0.995402 | 9.03 | New Zealand Dollar | 0.844739 | 7.67 | Bruneian Dollar | 0.811596 | 7.36 | Singapore Dollar | 0.811596 | 7.36 | Libyan Dinar | 0.788644 | 7.16 | Bulgarian Lev | 0.668706 | 6.07 | Turkish Lira | 0.556758 | 5.05 | Brazilian Real | 0.498218 | 4.52 | Lithuanian Litas | 0.378743 | 3.44 | Malaysian Ringgit | 0.335289 | 3.04 | Polish Zloty | 0.315840 | 2.87 | Romanian New Leu | 0.303151 | 2.75 | Israeli Shekel | 0.280880 | 2.55 | Qatari Riyal | 0.274665 | 2.49 | Emirati Dirham | 0.272257 | 2.47 | Saudi Arabian Riyal | 0.266532 | 2.42 | Argentine Peso | 0.191939 | 1.74 | Danish Krone | 0.175481 | 1.59 | Croatian Kuna | 0.172723 | 1.57 | Norwegian Krone | 0.171127 | 1.55 | Chinese Yuan Renminbi | 0.162491 | 1.47 | Venezuelan Bolivar | 0.158884 | 1.44 | Trinidadian Dollar | 0.155767 | 1.41 | Swedish Krona | 0.153163 | 1.39 | Hong Kong Dollar | 0.128857 | 1.17 | Botswana Pula | 0.122500 | 1.11 | South African Rand | 0.110631 | 1.00 | Bitmill | 0.110200 | 1.00 |
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Thought this might be interesting. Below, a chart of posts on BitcoinTalk by language. (apologies for the bad quality)
That's actually a chart of posts by language section not by language overall. Some language topics in the 'Other' section have more posts than some of the 'Local' forums. For example the Greek topic in the 'Other' section has 170 posts whereas the Hebrew local forum has only 115 posts. Maybe the Greeks should get their own forum then. I think a barrier should be set at, say, 500 posts in Other to get a new subforum.
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