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Author Topic: Daily reminder that nobody ever became rich by hedging  (Read 611 times)
r0ach (OP)
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December 18, 2015, 07:16:16 AM
 #1

This post is not to be considered investment advice in the continental United States, minor outlying islands, or territories acquired through conquest.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 18, 2015, 08:07:30 AM
 #2

The key is to use other people's money and collect huge fees and bonuses.
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December 18, 2015, 07:04:42 PM
 #3

The key is to use other people's money and collect huge fees and bonuses.

Or, one can use OPM, from margin funding at Bitfinex and other exchanges.  The lending rate is less than 2% p.a.
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December 18, 2015, 07:32:37 PM
 #4

How many people has bitcoin actually made "rich"?

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
r0ach (OP)
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December 19, 2015, 09:58:17 AM
 #5

Winkles are in at something like $100 a coin average, and Rptiela has a castle, so I'm guessing a couple.

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..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





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◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


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December 19, 2015, 11:27:11 AM
 #6

$100 per coin?  What about the people who are in for $0.1 per coin?
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