Nothing to see here. Of course Loaded's coins trace back to other addresses. He bought/sold/traded coins, so his coins will have all sorts of taint.
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total mkt cap of crypto (available supply) will approach 100 bil $ soon imho
Market cap of crypto is a totally meaningless statistic. This isn't like a public company, where the market cap is approximately the price to buy the entire company. You cannot buy all the bitcoins.
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Almost none. If you have the patience and the right spot to put them in they're the most secure way to store coins. The fact that they can easily be damaged is avoided if you keep it in a very cool, dark spot like a locked desk. None of the malware shit and also very good looking and presentable if you print a good design Mine was printed on a laser printer, stuffed in a waterproof baggie, put in a waterproof pelican case, stored in a fireproof safe.
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My question to miners especially, and other users is why do we need to wait until 75%? If the majority hashrate forks the chain the capped minority chain will be forced to switch or become a useless network. They will be mining worthless coins.
So many reasons, but I'll mention just one. Hysteresis. With a couple lucky blocks, fork A could become the majority, then a couple lucky blocks fork B could become the majority. It would be chaos while miners switch back and forth between forks to try to stay on the winning fork.
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You need to literally be a complete fucking fool to buy right now.
Whoever bought down at 1300 is looking pretty smart right now.
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If we were trading at a range of $130-$160, the movements wouldn't feel as intense. But now that BTC is way up here, the $100+ swings feel like a lot. We are going to have to get used to this!
Time to switch to mBTC. Get your cheap coins under $2!
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All this bubble talk because we just had a small rally of the last 3 days?
I love your perspective. +20% in 3 days is "small".
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If it breaches the $1,500 mark, then a major psychological barrier will get smashed.
Done. And isn't it beautiful!
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The price on Stamp isn't even $1400 yet
Done.
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Bitcoin is at fucking 1337 dollars right now
LEET
Gold down, bitcoin up.
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"Bitcoin which was forged in open source and plunked into the public domain"
Correction, bitcoin is available under the MIT license. It is not public domain.
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We're up over 30% in 30 days. We're ripe for some profit taking.
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Here's the only point that matters:
Both download and upload speeds are improving tremendously, and 1MB is ridiculously small.
So true. On my home network, I can upload 1MB blocks to 10 peers in under 10 seconds. With 10 minute blocks, that's about 1% utilization for a consumer internet connection.
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As for hater comments, I feel pity cause even if frozen amounts are not moved they will likely lose most value anyway by staying on the wrong side of a hardfork.
That's not how hardforks works. And stop trying to steal my bitcoins. I own them and you have no right to take them away for any reason.
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I'm not sure every time someone points that out... when Bitcoin was first designed, it didn't even cost a cent, and yet foresaw that it needed 100 million smallest units (satoshi), allowed for large batch transactions, and LN also provides support for sub-satoshi payments. What on earth would all that be needed for if they did not consider the possibility for micro payments?
It somewhat depends on what you consider micropayments. Micropayments were considered, but they weren't a focus of the design. Let's see what the designer had to say. Bitcoin isn't currently practical for very small micropayments. Not for things like pay per search or per page view without an aggregating mechanism, not things needing to pay less than 0.01. The dust spam limit is a first try at intentionally trying to prevent overly small micropayments like that.
Notice how Satoshi is considering .01 as an overly small micropayment. We got people today expecting to transfer .0001 around without paying fees. That's 100 times smaller than Satoshi's micropayment. It may change in the future, but as of today, it's simply not how bitcoin was designed.
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This "too many inputs" concept itself is absurd. What the fuck it has to do with the inputs in the first place? Why did they design it that way?
So if a merchant who sells hundreds of coffees every day for 5$ and accepts bitcoins as payment basically has no choice but to get fucked? Sounds retarded.
A bunch of $5 payments will end up with a reasonable fee. It's when you try hundreds of $.01 payments that you'll end up with massive fees. Bitcoin was never designed to be a micro-payment network.
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Mt. GOX is back up! ~ did you guys miss the news? :-D
That is so not funny.
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I think nobody around here bought BTC at $1, at least not on this forum.
It was much easier to mine them than buy them.
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I mean bitcoin dominance or marketcap compared to altcoins.
I'm fine with that. Bitcoin can't be everything to everyone. If other altcoins grow up and solve different problems, that just makes Bitcoin that much stronger where it excels.
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Bitcoin losing its marketcap month by month is a fact.
Not a fact. Market cap is down for just 1 month. It's up from 3 months ago. Way up (nearly triple) from 12 months ago.
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