You're all spreading FUD. Now you're gonna say that Bitstamp is gonna die like MtGox
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I personally prefer Bitstamp. I like the simple, neat and efficient design of the site. The trading screen is not cluttered up like some of the other sites. You'll have to get verified before you can deposit USD but it's definitely worth it.
You have to get verified before doing any deposits/withdrawals, either BTC or fiat.
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Buying them cheap(er) is not a bad idea...right... So, the logic would be: 30k will be bought cheaper on the private auction, then sold on the public exchange for higher price, resulting in lowering the price? Is there any explanation/guide on internet how selling of 30k would impact the price - I mean some basic calcs? Hardly would impact the price. 27k BTC isn't much. It's 0.1% of all that are in circulation. This much is mined in a week.
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What's your take on the 51% situation with GHash.io. Do you think it will harm us?
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They just went from 50% to 49%.
ghash.io currently down to 44%. We are heading in the right direction fellas! Still at 49%, where did you see 44?
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I'm seeing 3 double-spends out of 500,000 recent transactions, and all 3 are < 1 bitcoin. Ghash is earning hundreds of thousands of dollars a day. Why would it put that at risk for a couple of bitcoin in a double-spend? Proof of them being able to do it... I dunno. Gbozo works in bank and earns millions. He sees some small change on his boss's desk and grabs it. Why? Maybe so he could prove he could do it. Genius! Whatever, point is they have 50% and they aren't doing anything about it. They should split to 3-4 different pools.
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Are you gonna sell your coins? No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%. Guys, 50% is not a magical number. A pool at 49% is almost as dangerous as a pool at 51%. The probability of a pool solving another 5 blocks in a row after solving the first one is 2.8% at 49% of total hashrate and 3.45% at 51% of total hashrate. Sure there is a difference, but you can't say a pool at 49% isn't something to worry about. Still it gives a fake sense of safety... I realize we're fucked if GHash.io doesn't do something about this.
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I'm seeing 3 double-spends out of 500,000 recent transactions, and all 3 are < 1 bitcoin. Ghash is earning hundreds of thousands of dollars a day. Why would it put that at risk for a couple of bitcoin in a double-spend? Proof of them being able to do it... I dunno.
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Are you gonna sell your coins? No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%. No way one pool should have all that power..they should split it up into 2 or more pools. That's what I was saying since the beginning of this "crisis". I have no idea why didn't they do it already...
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Are you gonna sell your coins? No. No way. Let's just hope Ghash.IO stops doing this and possibly returns to 49%.
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Dear god! I'm scared. I'm really scared.
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This is good for bitcoin because
Who said it's good? This is awful.
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They just went from 50% to 49%.
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IMHO i wouldn't call it best form of collateral, wire transfers are expensive and take ALOT of time.
Depends what's expensive for you. It's cheaper than WU and it takes max. 3-4 working days.
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I'd accept it definitely. Now I really wish my paycheck was in BTC, instead I have to do wire transfers all the time.
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do we all agree now that we are going down to $500 and $3xx very soon?
LOL, no. What makes you think that? he is a troll, he lives in his moms basement. Let him be. Ignore.Done. Phew, I haven't used that one in a while It started happening: https://blockchain.info/double-spends
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I don't think someone would dump these coins on the market. Why buy them in the first place?
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