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go rant about:
the price.
the newbie area.
alternate cryptocurrencies.
or... contact a mod, and get whitelisted.
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the internet can be shut down.
no it can not, a country can close all connections, from it self, but not shut the whole thing down. simply not possible. |
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A decentralized exchange method will come up.
no not really. how do you decentralize the holding of USD or EUR? you can't. except for slow expensive wire transfers, or person-to-person. Ideally a web of trust cryptoheaven along with sovereign tribal entities based upon community (dark)nets replacing traditional nation-states. One can always dream  But anything along the lines some magnitudes less sophisticated would suffice. is'nt that what bitcoin, tor and freenet is? |
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A decentralized exchange method will come up.
no not really. how do you decentralize the holding of USD or EUR? you can't. except for slow expensive wire transfers, or person-to-person. |
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 at point A(april) bitcoin have broken the trendline before, and returned back up. at point B(right now) bitcoin have again broken the trendline, will it return back up? im am no analystist, and i have no idea about what im messing with. im just drawing the same lines, as anyone else. |
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What impact can this have?
BUY BUY BUY, SELL SELL SELL! |
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well im going to bed now. and when i wake up tomorrow, the price will be at least 5.
good night, sleep well!
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Just a reminder that the price of bitcoin is irrelevant if you are using them instead of hoarding them.
..., or when they will be sold for peanuts. why the hell would people sell peanuts? they are crazy, they taste great! i would not buy anything for peanuts! |
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You are right, but value cannot simply drop forever. If it goes to 0.5 many people will buy. And it's up to $1 again. If it goes to $1.5, fewer than "many" will buy, but still the price can stabilize or rise to 1.7. Anyway, we need stability after this decline.
Yes, it can. Volume can drop to the point that MtGox decides the cost of running the exchange outweighs the money they make, and they close up shop. I promise you nobody will be around to dance with your BTC without MtGox. mtgox started when bitcoin was worth 0.07 do you really think that they would quit a 2, 1 or 0.25? they still have a bigger volume, then when they started. they will not quit, as long they have a big usd volume. |
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LOWEST POINT SO FAR SINCE 32. I'm not a moron that thinks bitcoin traded first for $10.
yes you are. sorry mate! |
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Today, 17th October 2011 Bitcoin went to a $2.20 per unit low. Lowest point so far.
WHAT? oh please! N00b! |
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...or the end?
can't be! the bitcoin idea is simply too big. it might be the end of bitcoin, but not the proof-of-work-chain cryptocurrency system. |
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I think this is a good idea...removing BDB and going with a git style content addressable, file based store should be a good fit for bitcoin. And it shouldn't take anywhere near a year to do it. I also prefer well written C code over C++.
don't do file based storage, its just stupid, every TX will fill up for at least the blocksize, of the FS. it is not a good idea, and it will not scale. |
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The idea that C++ is inherently bad is something you find in parts of the Linux/GNU community but not so much in industry.
C++ is bad. its a blend of high-level language and a low-level language. it can not be good. if you want low-level DO low-level! Assembler and C. if you want high-level DO high-level Python and Ruby. you can't write an OS/kernel in python(someone did try, and failed.), but in C you can, and that is what C is for. but do not blend the things, it will not work out well. its like blending potato and mango |
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Fantastic! Do you use a garage to store such a hold?
+1 |
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To be honest, scrap all this technical analysis bullshit. The only graphs that matter are these http://bitcoinstatus.rowit.co.uk/http://bitcoinmonitor.com/As more people leave Bitcoin the price will go down. There are exceptions to the rule but we are looking at ~10k connections dropped in the last month and there is no sign of it stopping. |
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sure sure. i believe you very much. |
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look at mtgoxlive, im right! people are buying again. |
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If the price get stuck "crashed" it means BTC economy crashed too.
no. the bitcoin economy can not crash. it will still have some value, a crash means no value(or negative, fun fun). it can not happen to bitcoin, as long as there is least 2 persons in the world that is using it. So... you consider 2 people using some pretend money as "economy" ? no! the use of money as an economy. money is essentially useless, their real value, is what was used to create them(paper or electricity). but its often not the price that they are traded for. |
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If the price get stuck "crashed" it means BTC economy crashed too.
no. the bitcoin economy can not crash. it will still have some value, a crash means no value(or negative, fun fun). it can not happen to bitcoin, as long as there is least 2 persons in the world that is using it.  VERY SERIOUS! |
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