I use several just to limit my exposure. Most of my coins rarely see the network. I keep them offline and secured in the real world. Them my wife and I keep smaller amounts synced online for purchases.
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Thank you Theymos. I swear I tried searching first. I will plot it out tonight and post my results here.
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It seems like there is a correlation between how many visitors per day this site receives and the BTC price. Is that true or just me? Or is the increase coming after a spike in price? I would like to plot it all out, but I'm not sure where the data are. Is there any way to view how many visits/users were here on past days? It's up today, and so is the price.
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Bitcoin is gone, I can see its obvious and inevitable now... The price going up is the first sign of its ultimate failure, and I am so confident that this is the case, I have actually deleted my entire wallet.dat file and all the bitcoins there... Games up guys, time to move to the next project! I doubt you believe this, or that you deleted your wallet. It just doesn't pass the smell test. Why would you not sell those coins? That would have been more believable. I believe bitcoins being destroyed will end bitcoin quicker, as it will end up in a deflationary spiral which causes market paralysis... Ok, I guess you have your reasons. But you are only hurting yourself right? You can't possibly destroy enough bitcoins to make a difference. The only thing you might be able to do is destroy enough to put upward pressure on the price. That just hurts you and helps bitcoin.
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Bitcoin is gone, I can see its obvious and inevitable now... The price going up is the first sign of its ultimate failure, and I am so confident that this is the case, I have actually deleted my entire wallet.dat file and all the bitcoins there... Games up guys, time to move to the next project! I doubt you believe this, or that you deleted your wallet. It just doesn't pass the smell test. Why would you not sell those coins? That would have been more believable.
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WTF! Do we live under some communist regime?
Fortunately we have a free market. That means I can decide to never be a Verizon customer. In fact I would not even conciser "edited" content.
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I don't withdraw dollars, just bitcoin. After all, bitcoins are money. Why do I want dollars to spend?
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This dramatic rise in price proves bitcoin is dead!!
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It's Déjà vu! I remember this from last year. All you noobies are about to be accused of being unfair early adopters. Congrats.
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Welcome new peers! There are some "computerless" ways to use bitcoin, such as physical coins, QR paper wallets or even trading USB sticks loaded with coins. Personally I think these have a role, but one of most powerful features of bitcoin is it's ability to be sent over the internet. As far as payment systems for enterprise use, there is a lot of development going on right now in that area. Such "shopping cart" software may one day be standard at websites. There are even some developing card swipe systems for standard credit card readers.
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^I like thomkaufmann's idea. If in the US or Brazil or Russia go to bitinstant.com and get a payment slip. You can then go to a bank, Walmart, 7-11, etc. and deposit funds into your Mt.Gox account. By the time you get home your dollars will be in the account and ready to start buying at Mt.Gox.
You can then buy at current price or make a low bid and hope the price comes down to you. Of course, you can also sell BTC there. Mt.Gox has good security, IMO. However you still are giving up some control while your BTC is in an Mt.Gox wallet. Make sure you have strong passwords and practices. You may also want to withdraw some bitcoins if you accumulate to much wealth at the exchange. Those coins can be withdrawn to a client running on your computer. If you do that them be sure to make multiple backups of your wallet.dat file. Loss of your wallet.dat file is loss of your coins, and yes, they are gone forever.
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The reason people say bitcoin is a ponzi is because they don't know what a ponzi is, but they have heard the word.
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How many times have i read threads like this? A newb shows up, reads for 15min. and decides "bitcoin can't work! I should tell everybody!"
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It's not 25k, but I am writing you in my cool book! You should never have problems getting a loan or doing business here, your super pre-approved.
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Another one of these threads. haven't seen one in a while. You know what I have never seen? Someone willing to sell there coins to me cheap. If the sky is falling why won't you sell me some coins at $5? I can help you out before they are worthless. let me guess, your not willing to sell either. This is just a public service announcement because you care so much.
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That's great man. Thanks for taking the time to document this.
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So more or less the bible is a bunch of hogwash?
I think it is an amazing work of philosophy from the ancient world. A document about how people should relate to one another, and for it's time, a very futeristic and powerful liberation theology. like the bahgvadgida, the Koan, the book of the dead, and too many others to mention they are compelling views into the minds of people from long ago. Much of the old testament is taken from even older civilizations, perhaps back to the very start of ciivilization. Consider the story of Noah and the ark. If you read the older story of Gilgamesh you can see it is the same. Gilgamesh is Sumarian. Who knows, but that flood story could go back to a real event in one of the first cities ten thousand years ago. I doubt floods were as troublesome for hunter gatherers, but if you build a city floods can sweep away the whole world. The end of the ice ages would have seen a lot of flooding. A story like that would remind future urban dwellers of the importance of preparing for floods. The Bible is also a living doccument that influences our world view today. Concepts like "the golden rule" are basic to our understanding of law and justice. In the new testament Jesus serves as a model for our better selves. Kind, loving, helpful to the poor, sick, and misunderstood. The old stories, like the flood, are also powerfull and eternal metaphors. So I would say not at all hogwash. It contains important and priceless knowledge.
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I've scoped up on the Mayans many times. I just cannot see this happening in 2012, I don't believe they're even in the bible. If they are correct me.
The Mayans are not in the Bible because the people who conceived of the bible (the Romans) had no idea they existed. Just like they had no idea they were on a planet in space. The bible was not exactly produced by the Romans, although one or more writers were Roman citizens. The bible was conceived in three languages: The Bible was written in the languages of ancient Palestine: Hebrew, Aramaic and Greek. The Old Testament has been transmitted to us primarily in these languages. Written mainly in Hebrew, it was translated into Greek (the Septuagint) before the text became quite stable. http://www.bible.gen.nz/amos/language/languages.htmThe Romans used to speak and write in Latin: Latin is an Italic language originally spoken in Latium and Ancient Rome. Along with most European languages, it is a descendant of the ancient Proto-Indo-European language. It originated in the Italian peninsula. http://en.wikipedia.org/wiki/LatinI was oversimplifying. But it was emperor Constantine who produced "the Bible". Prior to that the cannon of religious writings used by Christians was much more diverse and without standardization. The Romans loved standards and upon adopting Christanity as the official religion they needed some rules and a book to keep it all strait. So, church leaders and government officials reviewed the stories that were being told by followers throught the empire and picked what they liked. Stories not in line with Roman sensibilities were thrown out or changed. For example Lillith, Marry Magdalen, Thecla; These women were deemed too powerful to be a Bible. Their stories were changed or droped completely. In any case the early Christians had no bible. It was created by a government from scraps of Sumarian and other cultural traditions.
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