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Author Topic: So the early miners has the most bitcoins?  (Read 2062 times)
wesk1212 (OP)
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July 21, 2014, 06:32:58 AM
 #21

Thanks all for your responses.

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wesk1212 (OP)
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July 21, 2014, 07:02:02 AM
 #22

All the bitcoins that we purchase with cash, eventually the winner (for nowdays at least) will be early miners

I don't understand what you mean by 'winner'?

winning all the fiat cash.

Considering this is a bitcoin forum, i don't know if many people here would consider making fiat "winning"

yeah but i wonder how many of them are very sure and confident about that right now.
It's good news that expedia and dell started accepting bitcoins

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wesk1212 (OP)
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July 21, 2014, 04:14:49 PM
 #23


Hey man thAnks for the video but by reading your posts im sure im more familiar about bitcoins than you.
Started trading in 2009. What makes you so confident that btc is a winner over fiat?
Cant even get a bigmac with btc right now

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July 21, 2014, 04:42:49 PM
 #24


Hey man thAnks for the video but by reading your posts im sure im more familiar about bitcoins than you.
Started trading in 2009. What makes you so confident that btc is a winner over fiat?
Cant even get a bigmac with btc right now

Sound interesting. Who was you trading with?

wesk1212 (OP)
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July 21, 2014, 07:12:15 PM
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Hey man thAnks for the video but by reading your posts im sure im more familiar about bitcoins than you.
Started trading in 2009. What makes you so confident that btc is a winner over fiat?
Cant even get a bigmac with btc right now

Sound interesting. Who was you trading with?

My bad it was 2011 where i sent money order at walmart.

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July 21, 2014, 08:42:24 PM
 #26

Actually, we are all winners. Even those with 0 BTC win by ending the dominance nation-state blood-money.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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July 21, 2014, 09:47:17 PM
 #27

I love bitcoins and stand behind them 100 percent.. Good read guys!,, btw I think they  may mine some coins I may be wrong.. But as much money as they have you would think they can afford to mine there own ?
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July 21, 2014, 11:31:10 PM
 #28

The early miners who were mining in all of 2011 mined pretty much double the bitcoin as all the miners who mined in 2013 (the block subsidy halved) however 2013 miners likely received a much higher amount of TX fees.

Assuming that the early miners held onto their coins they did very well financially because they earned a large return on their small investment (electricity, and GPUs)

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