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ripper234 (OP)
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June 08, 2011, 11:06:01 PM
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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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June 08, 2011, 11:34:58 PM
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I didn't quiet get it.
em3rgentOrdr
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June 09, 2011, 12:00:53 AM
Last edit: June 09, 2011, 03:27:03 PM by em3rgentOrdr
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Which one is paypal and which one is bitcoin?  Haven't you taken graphs 101 sometime during your education?  Unlabled charts are more worthless than norm no chart at all.
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ripper234 (OP)
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June 09, 2011, 04:25:11 AM
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Sorry, it was 2AM and I just copy-pasted without much thought.
Upper red is paypal, blue is bitcoin.

What's amazing is that bitcoin is visible on a graph when compared to paypal.
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June 09, 2011, 04:26:53 AM
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That's nothing. Check Bitcoin vs US dollar.
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June 09, 2011, 04:32:09 AM
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It looks like the btc is giving the usd the kiss of death. Gorgeous.
ripper234 (OP)
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June 09, 2011, 04:37:56 AM
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Compare it to dollar, that's a fairer comparison.
(To most, "dollar" is actually US dollar).
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June 09, 2011, 04:51:06 AM
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Quote from: ripper234 on June 09, 2011, 04:37:56 AM
(To most, "dollar" is actually US dollar).

Quote from 'Dollar' on wikipedia.org:

"The dollar (often represented by the dollar sign $) is the name of the official currency of many countries, including Canada, the Eastern Caribbean territories, Ecuador, Suriname, El Salvador, the United States, Panama, Belize, Singapore, Hong Kong, Taiwan, Brunei, East Timor, Australia, and New Zealand"

'Most'? are you positive? This may be another instance of American Patrio-Solipsism...
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June 09, 2011, 04:57:48 AM
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Quote from: ripper234 on June 09, 2011, 04:37:56 AM
Compare it to dollar, that's a fairer comparison.
(To most, "dollar" is actually US dollar).

No. If you offer someone a dollar in Toronto they assume CAD.
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June 09, 2011, 05:35:35 AM
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Quote from: em3rgentOrdr on June 09, 2011, 12:00:53 AM
Which one is paypal and which one is bitcoin?  Haven't you taken graphs 101 sometime during your education?  Unlabled charts are more worthless than norm chart at all.

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ripper234 (OP)
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June 09, 2011, 05:39:47 AM
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Quote from: FreeMoney on June 09, 2011, 04:57:48 AM
Quote from: ripper234 on June 09, 2011, 04:37:56 AM
Compare it to dollar, that's a fairer comparison.
(To most, "dollar" is actually US dollar).

No. If you offer someone a dollar in Toronto they assume CAD.

Well, I'm not positive, but I imagine that to anyone in a country where the local currency is not called "dollar" this is the case.
I know it is like that in Israel, but then again we're heavily dependent on the US dollar.
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